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Rajat Soni, CFA
8bbfa411560bd42ea6fa60cf24de87d88c6c8bbeec29bd9a2aa188029aa228cc
🎯 I'm the Bitcoin guy 💼 10 years of finance industry experience 🧠 1 BTC = ∞ USD

In 2021, #Bitcoin    was above $60,000 for 33 consecutive days from October 16 to November 17

This year Bitcoin has been above $60,000 for 39 days from February 29 until today, April 6

I think we will never go below $60,000 again

There are no guarantees for entrepreneurs yet every business you see around you was started by one.

All Entrepreneurs have at least 1 thing in common, the courage to believe in themselves.

#Bitcoin    solves a problem most people don't even know they have:

Governments and banks want us to believe we don't work hard enough

They tell us this is why there's a wealth gap

They don't want us to know that the financial system is intentionally rigged against us

It's designed to steal a percentage of every bit of wealth we keep in government-issued currencies

Every dollar you hold is being stolen from at a rate of 5-10%/year

Over the next 30 years, all the currency you have saved will lose 70-80%+ of its purchasing power

Your savings are being diluted

They print more and send it to other countries to fund wars

If you swap those currencies for Bitcoin, they can't steal from you anymore

TG: @Rajatsonitrade

#Bitcoin    doesn't need us - we need Bitcoin.

There will always be regulatory hurdles to get over when it comes to #Bitcoin, but I'm willing to bet that the network outlasts any of the parties trying to control or regulate it.

Governments will need to adopt a Bitcoin standard if they want to have any amount of power in a world where they can't print the world reserve asset.

Altcoins are experiments for what can be done on #Bitcoin

99.999% of alts are going to trend to 0 forever in terms of Bitcoin (BTC)

The 0.001% that have a chance of succeeding will be attacked relentlessly by the SEC until they're compliant

If governments wanted to make housing more affordable

They should get rid of tax benefits for real estate investors and treat real estate investing like every other business

Thoughts?

#Bitcoin will go most exponential after the halving.

Don't get fooled now.

TG: @Rajatsonitrade

The most craziest gains are still yet to come.

Are you prepared for #Altcoinseason?

TG: @Rajatsonitrade

The most craziest gains are still yet to come.

Are you prepared for #Altcoinseason?

TG: @Rajatsonitrade

I'm passionate about helping more people become financially literate, but these threads take a long time to write.

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http://t.me/Rajatsonitrade

Thanks for reading!

#Bitcoin   's value will always go up in terms of fiat because it captures all of the productivity growth that governments steal by printing their own currencies.

TG: @Rajatsonitrade

What was the idea that orange pilled you?

#Bitcoin

On February 8th, 1 USD could buy ~2,200 Satoshis (0.000022 Bitcoin)

Today, 1 USD can buy ~1500 Satoshis (0.000015 Bitcoin)

This number will fall forever

As more people figure out what #Bitcoin is, you will pay more to own it

At $100K Bitcoin, $1 = 1,000 Satoshis

$IBIT volume is decreasing but still above $1B per day

In 15 days, the supply of new Bitcoin being mined will decrease by 50%.

We will go from 6.25 BTC issued by the network every 10 minutes to 3.125.

The price of BTC is purely based on supply and demand.

If the supply decreases... what happens to the price?

Blackrock's #Bitcoin ETF, $IBIT, now holds 239,381 BTC, up 2,062 #BTC from yesterday.

900 BTC are issued per day. Around April 20, this will drop to 450.

Blackrock clients bought 2.3x the amount of BTC that was produced.

Real estate investors talk about decades of positive results and constant growth

They say "real estate has always been a great investment"

But when it comes to #Bitcoin   , they say "Past results are not a guarantee of future performance"

Even though Bitcoin is the best-performing asset

EVER

Based on my knowledge of how the network and financial markets operate, this trend will continue as long as the world keeps using US dollars to account for value

I think baby boomers were the last generation that could retire with $1m invested.

Millennials will probably need $3-$5M.

We are getting closer to the reality where most people NEVER retire.

#Bitcoin fixes this.

IMO 1 Bitcoin will be generational wealth within 30 years.

$1M #Bitcoin is coming

And most people aren't ready

99% of people have zero allocation

It becomes exponentially more difficult to accumulate #Bitcoin over time.