Why is #Bitcoin the future? Let me paint a picture for you.
The national debt is not only growing at an alarming rate, it's growing faster than GDP.
The national debt is not only growing at an alarming rate, it's growing faster than GDP.
Taken by itself, we might be ok if we didn't have the "twin deficit" problem.
The USA is also suffering from what's called the Triffin's Dilema. We have to supply dollars to the rest of the world, or else wee will suffocate the global economy.
In fact, many experts agree that right now we have a global dollar shortage. This (and the Dollar Milkshake Theory) help to explain why we haven't seen any "real" inflation as of yet.
"Allowing" the market to crash has become politically impossible for either party.
But we're also nearing the end of a bond market mega cycle.
we live in a digital age, and software is in fact eating the world.
Reserve currencies don't last forever.
Anywhere people can't rely on their existing monetary infrastructure, they're already turning to #Bitcoin
Enter #Bitcoin, a scarce digital bearer asset. Why does the scarcity matter? Scarcity drives humans crazy.
Question: "How can I buy a cup of covfefe when BTC hits $1m per coin?"
Answer: Near infinite divisibility. You can send 1/100,000,000th of a Bitcoin to someone (even less on LN)
Did you know you can buy a fraction of a Bitcoin? True story.
Answer: Near infinite divisibility. You can send 1/100,000,000th of a Bitcoin to someone (even less on LN)
Did you know you can buy a fraction of a Bitcoin? True story.
We can't raise interest rates without bankrupting the economy.
We can't trust the federal government to maintain the purchasing power of the US dollar.
Pension funds have unfunded liabilities and are being forced into risk assets.
"Sounds great," you say. "But when should I buy?"
Answer: pretty much any time reserve risk is below the red area, like right now.
Answer: pretty much any time reserve risk is below the red area, like right now.
"Yeah, but I have LPs and they expect me to actively manage their money to earn my keep. When do I sell?"
Answer: You don't need to sell, but if you insist in thinking short-term, take profits when you see clusters of adjusted binary Bitcoin Days Destroyed.
You're welcome.
Answer: You don't need to sell, but if you insist in thinking short-term, take profits when you see clusters of adjusted binary Bitcoin Days Destroyed.
You're welcome.
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