You could literally:
• Borrow $1M at 3%
• Invest it in the S&P 500 at 12%
• Earn $90,000/year after interest
• Enjoy your life traveling
Why isn’t everyone doing this?
@sagarikaghose Short-term benefits: Job creation in tech & infrastructure (e.g., data centers), economic influx from $250B+ investments, improved digital services in healthcare & agriculture.
Long-term: Skill development for AI workforce, positioning India as global AI hub, innovation in semic
Since everyone on my timeline is giving their perspective about the crypto markets, I thought maybe I should chip in as well
So here it goes…..
I have been a firm believer that the key reason for alt nuke in this cycle is that unlike the previous cycles we are not able to see the historical rotation of money from
Bitcoin>large caps>mid caps>shit coins
This holds true as ETFs are sucking Bitcoin out of circulation at a rapid rate, there by killing the possibility of money rotation from Bitcoin to alts
High interest rates also prohibit the flow of easy money that was circulating for the past 10-20 years & since covid we've had a record breaking money printing in the last 4 years which in turn gives central banks enough reason to curb the printer
And with the current inflation data, the rates do not seem to be going down this year, translating into “NO MORE EASY MONEY for businesses and retail”
However, despite the liquidity issues in top and bottom line of finance, Federal reserve's Bank Term Funding Program has been recapitalising banks in the past year and mostly will continue to do so in coming future from time to time, killing in part the purpose of keeping these rates high
More interestingly despite the inflation and unemployment problems around the world we still have a roaring stock market and numerous wars around the world
So what exactly drives this kind of capital markets behaviour and conflicts to take place with so much inflation and domestic instability in the developed world?
Answer : A I
And when I say AI I do not mean robotic warfare like we see in Hollywood movies, instead what I mean is that AI has enabled "companies/governments" to increase net productivity & profitability despite the inflation woes. Hence you see record unemployment & struggle for food & heating arrangements AND YET stocks are soaring & wars are spreading across the globe like a virus
So where does all that leave the crypto world? Do we see another bull? Is this the end of this cycle?
To put it simply, no one knows what the next bull run will look like, (Especially since we're now having blackrock carefully watching over our shoulder 👀) but without a doubt in my mind this bull run is far from over
Remember 👇
FUD is on it's peak at the bottoms
FOMO is on it's peak at the tops
& right now we're seeing a lot of irrational fud in markets
Despite wars, inflation, unemployment & recent FUD from the SEC we still have Bitcoin ETF's buying and holding big bags, which is clearly a trend that will continue not for years but decades to come
With advancements in AI we have profitable companies driving the economic growth despite various demographic challenges & this trend will continue to grow in coming decades, this trend will drive FOMO back into crypto in coming months
Chatgpt will be releasing a new model this year which will be quite significant (per words of SAMA) & SORA will be releasing updates on a regular basis prior the final release (No ETA) driving coins working on similar lines
Nvidia will have challenges to its throne in the form of big tech like Google,Apple & Microsoft building their own chips. Chip manufacturing will be a fiercely competitive field as well as a national security issue across the globe & will see the highest investments attracting sovereign wealth funds. Similar Ripple effects will spill over to crypto & drive crazy valuation for good and bad Depin projects alike
Similar trends will come forth in the RWA sector. Blackrock's push tokenisation & big bank's interest will drive the narrative for this cycle & the ones coming ahead. Setting the stage for rerating of a lot of hammered projects
Lastly, now that the Bitcoin halving is done, big Cexes like Coinbase & Binance (despite the regulatory scrutiny) will pump their listed alts enticing the retail to markets
Why?
Because their entire game is fixated on trading fees & leverage play & they've got tonnes of cash to support their 'Operation Pump’
The Bitcoin dominance will eventually come down, but not in the low 30’s that we're used to seeing over the years IMHO. That being said with dropping dominance we'll be seeing alt season in coming days with the most stringent challenge coming not from other narratives like BRC, Web3gaming but MEMES
Alts will pump, just need to HODL your conviction bets, as CZ once quoted
“If You Can't Hold, You Won't Be Rich”
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Indians taking life lessons from Sahil bloom , you do realize that he lives a life of extreme privilege. Father is a tenured professor in Harvard . He went to Stanford , probably fully funded by his parents . He pretty much breezed through life .
If he had to go through 10% of struggles that you did and do on daily basis , he probably would be in rehab by now .
Stop glorifying these privileged clout chasers , taking ice bath in their fancy set ups . Inko bolo subah 4.30 baje uth kar sabke liye breakfast aur lunch banao . Phir gas pe paani garam kar ke nahao . Phir 6.30 baje bus stand pe charter ke wait karo , 2 ghante kaam pe jaane ke liye. Phir raat ko 8 baje ghar aao aur sabke like khana banao , bacho ko homework karao . And repeat this everyday .
They will shit out all motivation through their pants.
BTW there are many such Indians on Twitter as well - papa ke factory ke galle pe bhaithe hai, ghar main family members se zayada servants hai , 2-4 marathon run kar li , 15 saal pehle koi 15 kg lose kar liye jisko ab tak logo ko chep rahe hai self help guru ban kar.
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