The people refusing to buy #Bitcoin    today will be so angry at the people who are going all in
Today they say "It's a Ponzi scheme," "It's going to zero," or "It's too risky"
In 2034 they will say "It's so unfair," "They were lucky," and "Bitcoin is too powerful, it should be banned"
This is what I don't get...
Just because other assets can be stolen from you, why do you want the same for #Bitcoin   ?
The MAIN POINT is that Bitcoin is the first asset that can give you self-sovereignty
Why do you WANT governments to be able to take your wealth? ðŸ˜ðŸ˜
This is Stockholm syndrome at its finest
Bitcoin is freedom, and most people will NOT participate because they don't want to be free
They want to be slaves to the system
I want more #Bitcoin but I'm out of fiat
For anybody that hasn't studied #Bitcoin   , this increase in price from $16K to $62K will feel like "free money"
They will sell because they don't understand what they hold
Anyone who has studied Bitcoin understands that this is just the beginning of a bull run in a completely different market
Institutional buyers are HERE
ETFs are HERE
Most of the world has ZERO allocation to Bitcoin
What happens when demand increases exponentially but fewer and fewer people want to sell?
Bitcoin is finacial freedom - and more people are starting to get it
The price of a house has gone from 20 #Bitcoin to under 7 Bitcoin
IN LESS THAN A YEAR
Authorities in the UK want to make it easier to steal your #Bitcoin.
If your Bitcoin is on an exchange, you NEED to get it in cold storage.
Stop waiting.
Today 1 #BTC    = $62,000.
You can buy 1,612 Satoshis, or 0.00001612 BTC, for $1.
If someone earns $15/hour, they can buy 24,193 satoshis or 0.00024193 BTC per hour.
When #bitcoin    is $1M, this amount of BTC will be worth $241.93, meaning you ~16x your money.
Your actual hourly wage will be worth a lot less in terms of Bitcoin (eg. if it's $20/hour, you'll be able to buy 2,000 Satoshis or 0.00002 BTC with the hourly wage), but the purchasing power of your savings will increase.
Isn't this worth looking into?
#Bitcoin > #realestate as a store of value
Bitcoin:
- 70%+ annual returns
- Secured by the most powerful network of computers in the world
- No physical property to maintain
- Accessible anywhere if you have internet
- No need to collect rent from tenants
- No need to deal with lawyers and inspectors
- Pay taxes when you sell
- No taxes if used as collateral (adds some risk, at least for now)
Real estate:
- 5-10% annual cash flow
- 5-10% annual returns from growth
- More risk (leverage, must trust tenant, government, environment, insurance company to pay out if issues)
- Locked in one location
- Pay taxes when you sell
- No taxes if used as collateral (adds risk)
- Tax deductions on the interest you pay
What am I missing here?
Baby boomers spent their entire lives buying homes and paying them off, dealing with tenants, etc.
In a few years, millennials will be able to exchange all of that value for 0.5 #BTC or less.
Why?
#Bitcoin is superior to real estate as a savings technology.
This tweet aged like fine wine
It's only been 1 year and 3 months though
How much do you think 1 #Bitcoin will trade for in December 2027?
People told me I was smoking crack when I said Bitcoin would be much higher in 5 years when it was at 17K in December 2022.
Let's see if that plays out.
Anyone who took my guidance as a sign to learn more is up 200-300%.
Oil-producing countries will start mining #Bitcoin    instead of selling it at the low prices they receive today
Instead of exchanging their precious resource for pieces of paper, they can sell it to the Bitcoin network in exchange for the best asset in the world
This is going to trigger higher USD oil prices (due to lower availability in the free market) and force lower consumption over time
As the price of oil goes up in USD terms, it will continue to drop in BTC terms
Since energy prices are low right now, we are very careless with how we use it
A higher price for oil will force the countries that consume the most to find other energy sources that cost less
IMO nuclear energy will be a lot more common in the future than it is today
All monetary value will eventually be absorbed by #Bitcoin because it's the best asset anyone can hold.
You don't have to believe me - just watch it play out over the next 50 years.
I'm becoming a "toxic #Bitcoin    maxi" and I LOVE IT.
People are saying I'm being mean.
But my followers have done very well after using my guidance in their search for financial tools.
Instead of telling them to buy shitcoins, I tell them to study Bitcoin, the best performing asset in the world.
Thousands of them have made 100%-200% since I started telling them about Bitcoin - they wouldn't have touched it otherwise.
Does this mean I'm doing my followers a disservice?
I think I'm hurting altcoins by telling people to not buy them, and altcoin holders hate it - they're not getting more exit liquidity from the people who read my content.
I always recommend buying Bitcoin because it's the only neutral form of money.
99.9% of altcoins are going to 0.
If you want to gamble, go for it, but I would recommend having the majority of your digital token money reserved for Bitcoin.
You can gamble with 5% if you want, but expect it to trend to 0 forever in terms of BTC.
XRP will very likely trend to 0 in terms of Bitcoin FOREVER.
There is no top for #Bitcoin   's price because there's no bottom for fiat currencies
We will see a new high every 4 years or so
Each cycle fewer people want to sell and more people want to buy
Everyone I know who understands Bitcoin wants to add more to their stack!
Nothing is priced in
99% of people have 0 allocation
Those 99% of people will want my BTC when nobody else is left to sell
And I don't want fiat for my Bitcoin
I don't want to give up my family's generational wealth for paper
Wtf is the tokenization of gold?
You can't dematerialize gold.
Gold is physical.
That's the point...
You can't destroy it.
AU atoms will always be AU atoms.
It can't be changed.
"Tokenized gold" just means you have custodians...
How do people come up with this nonsense 😂😂😂😂😂😂😂😂😂
If you think going to a gold-backed cryptocurrency is a good thing, you probably haven't heard of Executive Order 6102.
I hear this all the time but I think the people saying it don't understand what they're saying:
Who's going to rug-pull #Bitcoin   ?
There's no central party to rug-pull people.
The only thing that can happen is Satoshi Nakamoto shows up and sells all the 1,000,000 held in the wallets that have the block reward for the first 22,000 blocks.
But I see this as a good thing...
These 1M coins will be absorbed by the market.
More people will have an opportunity to own Bitcoin.
There can potentially be 1 million new whole coiners.
Or 10M people with 0.1 BTC.
Or 100M people with 0.01 BTC.
The price may drop temporarily, but it won't go to 0 because I'll be a buyer of last resort.
That doesn't sound like a rug-pull to me...
If someone wants to sell their coins for $1 I'll take them.
The people saying these things just feel stupid because they didn't buy cheaper.
Let go of your ego man.
Just Dollar Cost Average over time.
You'll have a sizeable position even if you buy small amounts over time.
You haven't missed out YET.
But you will feel REALLY stupid if Bitcoin goes to $1M+ and you have no allocation.
$1M bitcoin will mean MORE PEOPLE WANT SOME.
That's how Veblen goods work.
As price rises, SO DOES DEMAND.
Before #Bitcoin, there was never an asset with a predetermined issuance schedule or finite supply.
Nobody knows how much gold exists or how much will exist in the future.
Nobody knows how many Apple shares will be printed in the next 30 years.
Nobody knows how many dollars will exist in the next 30 years.
Nobody knows how much debt the US government will issue.
Nobody knows if technology will be improved to let us build houses faster and cheaper.
With Bitcoin, we know that:
- New blocks with records of transactions will be created every 8-12 minutes
- Every 2016 blocks, there will be a difficulty adjustment to ensure that blocks remain on schedule to be created every 8-12 minutes
- The supply of #BTC will be decreased by 50% every 210,000 blocks
- There will never be 21,000,000 BTC (production will stop at just short of 21,000,000)
Global adoption is JUST getting started.
I've noticed that ~80% of #Bitcoin content creators and conference attendants are men
BUT
Out of the 661 people who have taken my Bitcoin webinars, ~48% are women.
What am I missing here?