Thread by @GBrewer17

#Bitcoin has been the best investment over the past decade and the current economic situation primes it be one of the best investments over the next decade

Time for a thread 👇👇👇

The Federal Reserve announced a major policy shift this past week stating it’s going to allow inflation to rise higher than the standard 2% target before they increase interest rates. In short, this essentially means the FED is weakening the almighty dollar.

Since the beginning of March, the Dollar index (DXY) has lost 10% of its value plus Jerome Powell stating they are keeping interest rates near zero for the foreseeable future and their promise of future money printing, means the dollar will buy YOU (The Little Guy) less and less

With the national debt growing at a record pace, the government has 3 options when it comes to reducing debt and none are pretty. 1.) They choose not to pay a portion of the debt back (Hard Default) 2.) Adopt Austerity measures in hopes of running a surplus (Tightens Spending).

or 3.) Reduce the amount of debt they owe via inflation (Soft Default). Every time the government has chosen the latter. We are witnessing the third option playing out right in front of us.

Currently we aren’t seeing the CPI (Consumer Price Index) necessarily rising just yet but we are witnessing the great monetary inflation starting to take place through the price appreciation of real assets. When the velocity of money picks up we shall see the affects on the CPI.

Gold and Silver have been safe havens for inflation for centuries, and have performed extremely well over the past 8 months and are still great assets to own, yet they have underperformed compared to #Bitcoin YTD (Year To Date)

Chart of gold priced in #Bitcoin

Doesn't look good IMO

Everybody is applauding the stock market hitting new all time highs, but when you price the stock market in #Bitcoin YTD (Year To Date) it’s not doing so hot either, which brings me to #Bitcoin

#Bitcoin was born from the 2008 crisis for the exact economic situation playing out now. It had not been tested in a tough economic crisis in its short lifespan but it’s being tested now and passing with flying colors. Its been one of the best investments since the pandemic began

If you are looking to grow your wealth substantially over the next 2-5 years #Bitcoin is an answer. I was one of the few that got to enjoy the 2016-17 bull market, and the bull market we currently just entered will be of greater magnitudes because of the current economic backdrop

Let me show you our opportunity here 👇

#Bitcoin has just broke its multi year wedge pattern. It's not just breaking out in terms of US Dollar value, it’s breaking out compared to the stock market, and most importantly breaking out in terms of the inflation hedge asset Gold.

Chart 1.) Perfect Wedge Pattern

Traditional charting puts a price target of about $50,000 per #Bitcoin

Chart 2.) The Perfect Wedge on a log chart

Price target on the log chart is about $300,000

Note these are long term chart patterns, that’s why I say 2-5 years to play out to its All Time High

With the likes of Pioneer macro trader Paul Tudor Jones allocating 1-2% of his assets (Millions of Dollars) into #Bitcoin, and a billion dollar Nasdaq traded company in @MicroStrategy allocating $250 million dollars of its cash to #Bitcoin, how could you not be bullish?

It seems to me that the Game Theory is playing out, and it seems to be benefiting #Bitcoin at the moment, and for the first time us little guys get to potentially front run the big corporations in an investment. @MicroStrategy and @TheRealTahinis are the first of many companies.

And then you have the huge news surrounding Warren Buffet purchasing 21 million shares of a Gold mining stock and he sold his banking stocks. This tells me that the greatest investor of our life time potentially envisions significant monetary inflation coming down the pike.

With that said the best place to be for investing or for an inflation hedge IMO is #Bitcoin. Before you ask, no you do not have to buy a whole #Bitcoin. #Bitcoin can be broken down into 100 million pieces called Satoshi’s, therefore you can buy $1 worth of #Bitcoin

The world has slowly been headed towards a digital economy and the COVID-19 pandemic has only sped this up dramatically. So my question to you is, if we are living in the digital age, why not buy some digital gold in #Bitcoin that is growing more scarce by the day?

If you would like more information and would like to learn more about #Bitcoin I would follow the guys below. Knowledge is power in terms of creating wealth

@RaoulGMI @100trillionUSD @GoingParabolic @APompliano @maxkeiser @BitcoinTina @MarkYusko @1MarkMoss @winklevoss

@tylerwinklevoss @PrestonPysh @theRealKiyosaki @bitstein @thalamu_

(THIS THREAD IS NOT FINANCIAL ADVICE, JUST MY OPINION. NEVER INVEST MORE THAN YOU ARE WILLING TO LOSE)