Bitcoin hasn't yet priced in the massive easing from central banks that is expected to occur in the next 12 months.

This is the cycle where traditional financial firms will dominate the Bitcoin market, whether you like it or not.

However, their influence and power will gradually decrease over time as new technologies built on Bitcoin emerge and eventually take over.

They are massive game changers.

Ask yourself:

You are lucky to buy Bitcoin, but do you have the skill and mindset to keep it?

Bitcoin catalysts in the next 12 months:

- Option market for Bitcoin ETFs will be available for trading.

- Banks will be able to custody Bitcoin.

- Banks will offer Bitcoin backed loans.

It’s not binary is my point.

I listened to nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak and nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m's recent podcast, which sparked controversy for many listeners on the issue of BTC yield.

My takeaway is that both sides can be valid in the non-binary world we live in.

Someone like Saifedean would keep his Bitcoin in cold storage, avoiding any risk for yield. On the other hand, someone like Saylor might choose to risk a portion of his Bitcoin for yield.

There’s no right or wrong, just differing risk appetites and approaches to risk management.

In the future, corporations like banks will offer institutional-grade Bitcoin yield products, unlike what we saw with Celsius and BlockFi.

This future will coexist alongside Bitcoin in cold storage, and it’s a wonderful scenario where capitalism provides users with options. I don’t view it as a bad or fiat like idea.

We are on our way to $100K per Bitcoin.

Bill Miller should be on Nostr.

The easing cycle is a great setup for asset like Bitcoin. We shall see Bitcoin outperforms every asset class in 2025.

50 bps cut.

Contrary to popular belief, Bitcoin is the most conservative and risk-averse asset with significant potential upside compared to other assets.

Supply chain hacking is an issue.

Hezbollah exploding pager story is a wild cyber attack.

This leads me to think about Bitcoin hardware like nodes, cold wallets and miners.

They can be a target of cyber hacking.

I wake up every morning using Grok to digest the newest update on the topic I followed the most. It’s very convenient.

I hope Nostr can have sth equivalent.

I felt the same when I embarked on our investment in Bitcoin, trying to break the generational curse and turn it into generational wealth. Some people criticize, while others encourage.

How to curate your friend:

Make sure they own enough Bitcoin.

You will be better off invest in Bitcoin instead of chasing the next big thing in Blockchain and AI.

Invest wisely.

Ask yourself how would you store value over long periods of time.

And then think about Bitcoin.

21 years not that crazy.