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What's the difference between non-professional tiers 👇
The order of capitulation.
1. Finance people are the first to admit they were wrong about bitcoin. Larry Fink, for example. In finance you have to pivot or be destroyed, no matter how much you've staked your reputation on your calls.
2. Financial journalists will get it next. If an asset outperforms long enough they will drop the snark, because people do read them in part to help make financial decisions. Their own credibility suffers if they reject the market too long. Also, when enough smart people in finance change their minds, the journalists follow.
3. Mainstream journalism will follow much later. Because their main job is not to make readers money, but to tell them what they want to hear. Mainstream journalists construct a system of rightthink that determines social status. It's worth losing money to retain status, and readers gain some satisfaction being told that they are fundamentally good people, whereas those who made money are bad people. (Compare: investing in arms manufacturing during the Iraq war.) Still, journalists will eventually come around on bitcoin, because their reporting brings them close to the ground, and they'll realize there's a story here: "Bitcoin maybe isn't actually pure evil!"
4. Academics will be the last to get it. There's no incentive for any academic to be right about bitcoin. Once the journalists have reduced the reputational risks, we will see some cautious shifts in attitudes. But academics will have fun staying poor (but righteous) for a very long time.
tl;dr SKIN IN THE GAME
If you're going to watch ONE video during this Memecoin Supercycle... Watch this.
2025 will be the Year where Memecoins go Parabolic.
Watch this Video to Understand Why.
Bitcoin, gold, silver prices about to
EXPLODE….As stated in my previous tweet…. you talkers….cowards discussing which is better…. Gold or Bitcoin…will be Big Losers… when Marxist Fed PIVOTS…cutting interest
rates…and real assets go up in price…as fake money leaves fake assets such as US bonds… fleeing to real assets such as real estate, gold, silver, and Bitcoin.
As stated in my previous Tweet (X)…..it really matters little which is better gold or Bitcoin. That would like people discussing which car Is better…..Ferrari or Lamborghini…as they take the bus.
Those who own real gold, silver, and Bitcoin will get richer….able to afford Ferraris or Lamborghinis….while talkers who take the bus…. say to themselves…”I really do not like either Ferraris or Lamborghinis.”
That is known as loser talk. Please do not be a loser.
Rember my lesson from military academy and the Marines. “Acta non Verba.” Your actions speak louder…than your words.
Please stop talking to yourself and ask yourself “How many gold and silver coins and Bitcoins do I own?
Then please do something brave. Buy some (more) gold, silver, or Bitcoin…before the Fed pivots and drops interest rates.
You may soon be looking good driving a Ferrari or Lamborghini.