Everyone in the world has an equal opportunity to create generational wealth for themselves.
It's relatively simple, and doesn't involve winning the lottery, getting a degree, or starting a successful business.
My explanation for why alts are lagging so much this cycle:
The ETFs largely eliminate the unit bias problem and MSTR/MSTX suck speculative fervor away from alts and towards Bitcoin.
Without these two irrational sources of demand alts are in deep trouble.
People believe the S&P500 is the safest way to grow your wealth.
Nominally sure, your account goes up but in reality you've gone nowhere.
Bitcoin fixes this.
https://t.co/PnHddGOGGf
The growth of the global M2 money supply since 2000 = 7.3%
The growth of the S&P 500 since 2000 = 7.1%
The S&P500 is the inflation rate
This is why your brokerage account grows but you aren’t getting wealthier
If you want to keep up, S&P500
If you want to get ahead, Bitcoin
Tesla's current P/E ratio is 193. Bears will scream overvalued.
They haven't run the numbers what selling a million humanoid robots does to their earnings.
https://t.co/QIqKxGzfZZ
Elon on @Tesla_Optimus : "Unless someone is hiding something, we believe we have the most sophisticated robot in the world. We have a hand w/22DoF. We'll build several thousand this year and if all goes well we'll 10x that the following year so maybe 50-100K, then 10x it again"
This just adds fuel to the fire. The strategic Bitcoin reserve (just never selling the remaining stockpile) seems like a lock now and the odds of net new buying (Lummis bill) increased dramatically.
https://t.co/bWCrXWoQdj
Negligence by @Vanguard_Group. I personally use @Fidelity because they have put in the work and truly understand Bitcoin.
Crazy they were mining back in 2014.
https://t.co/tLHeQt8HyN
Negligence by @Vanguard_Group. I personally use @Fidelity because they have put in the work and truly understand Bitcoin.
Crazy they were mining back in 2014.
https://t.co/tLHeQt8HyN
The SEC greenlit the trading of spot Bitcoin ETFs on January 10 last year.
Vanguard, the following day, announced it would not allow clients access to those ETFs, costing its clients 100% returns since then.
Bitcoin always outperforms and outlasts its critics.
El Salvador is crushing the nation state race to accumulate Bitcoin.
Humbly stacking 1 a day, but 3 times now they go harder on red days.
11 more added to the reserves on today's dip.
https://t.co/mMptw9IgX5
An alien civilization only monitoring human computational activity might conclude (in a “the purpose of a system is what it mostly does” sense) that the primary purpose of human civilization is mining bitcoin…
Extremely bad visibility passing through the storm here. Lots of water on the road car is literally hydroplaning. Bad road markings in this area, a mix of new and old. I was a little worried.
No problem for FSD v13!! Just Perfection! 👍
@elonmusk@aelluswamy@wholemars
So many gems from this convo, but one I loved was when @LukeGromen called Bitcoin an, “energy linked, neutral reserve asset”.
I feel that PoW is incredibly misunderstood. The energy it takes to secure the Bitcoin network is a feature that gives the world trust in it as a neutral reserve asset.
They may have 1 or 2 good years left in them, but then it will be a quick death for Uber.
Tesla robotaxi network undercuts their business model.
https://t.co/2K8sNEhFbi
He just completely took control over the convertible bond market. Next up, the preferred stock market.
This market is 10x larger.
Higher!! ☝️🟩
https://t.co/ZcHPuroyVw
MicroStrategy targets up to $2 billion capital raise through public offerings of perpetual preferred stock in the first quarter of 2025. $MSTR
https://t.co/x1pbB8ArlH