, 8 tweets, 3 min read
1/Dear Millennials,

We are growing up in the age of QE infinity, negative interest rates, unfunded promises, real estate bubbles and ponzi equity markets...

Have you heard of #Bitcoin?

Thread. 👇
2/ The M2 money supply is being debased by more than 6% annually.

The prudent millennial saves for their first home. The unit at which they save in (the dollar) dilutes at a rate faster than their rate of savings.

The market move away. The down payment out of reach.
3/ Rates are going negative all over the world. Trump is calling to follow trend.

Millennials will not grow up with a “risk free rate”.

Your savings account is on track to go negative.
4/ Millenials look at your payroll receipt. You think the haircut is bad now?

The pensions and promises are underfunded.

10,000 boomers retire everyday. The millennial payroll will be a part of an attempt to close the unfunded gap.

Expect the haircut to grow.
5/ Equities have become a ponzi.

We thought our millennial artisan coffee co-working golden goose could help us get ahead when they listed. Wall Street tried to sell us #WeWork at a $50B valuation. With $47B in 15 yr lease obligations against 15 month sublease commitments.
6/ As millennials we could try to store value in real estate.

The median income needed to buy a home in Vancouver is $247k.

At night, the gleaming glass towers only have a few lights on. Developers build square feet for foreign capital to hedge against inflation.
7/ Whilst this is not investment advice there may be one asset class that could create millennial wealth:


After 10 yrs, with no network downtime. #Bitcoin has reached an escape velocity. It is here to stay...
8/ Dear Millenials,

#Bitcoin is a decentralized equity based hard cap money.

Don’t bet the farm.

But if you invest, you will own a non dilutive stake in a monumental paradigm shift in money.


An exponential increase in the purchasing power of the #Bitcoin you hold.
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