I don't want to be alarmist, but the dollar actually is going to zero against Bitcoin.
At some point it will be like a bank run.
The rich, who can opt out, will opt out. They will convert to Bitcoin and move to Switzerland, Singapore or Dubai.
The system has no defense.
If your plan for bitcoin in 2025 is to “take profits” and buy back lower, here are four things I’d bet on:
1. You’ll get the timing wrong.
2. You’ll sell too early or fail to buy back in.
3. After taxes, you’ll end up with fewer bitcoin than you started with.
4. Five years from now, you’ll regret it.
I spoke to a friend about #Bitcoin when it was at $30K
He said he'll buy some when it pulls back a bit
I spoke to him about Bitcoin again at $90K
He said I was right the first time, but he can't imagine paying $90K so he'll wait for a pullback
Now it's at $102K...
All of these people who are saying they're waiting for a pullback will eventually have to buy Bitcoin because they'll need it as money
Over time, they will get less and less Bitcoin
Most people will keep ignoring Bitcoin until it reaches $1M+
BREAKING: @Microsoft shareholders reject the proposal for a strategic #Bitcoin reserve.
In 5 years, they’ll understand.
Everyone buys Bitcoin at the price they deserve.
#BTC doesn’t wait. It simply transfers wealth to those who see.
I think the MSTR game plan is as follows.
Bookmark this and we'll see if I'm right.
Run through the $42bn by latest Q2/Q3 next year.
#Bitcoin proceeds to 6x from here.
MSTR valuation climbs from $50bn, to $300bn.
You issue $200bn of new converts and ATM.
Guarantee a floor price of $600,000 per #Bitcoin for every trading day throughout a 3 year bear market.
Dare the market to sell into your bid.
Wall Street will immediately hold and not sell any #Bitcoin because of the guaranteed bid.
Scoop up all the #Bitcoin from retail that thinks it's going to use S2F, Power Opinion, 4 year cycle or whatever other cockamamie bullshit they believe about what they know about Bitcoin cycles.
And then, America announces a Strategic Reserve.
#Bitcoin will eventually trade for
• 100,000 USD
• 1,000,000 USD
• 10,000,000 USD
• 100,000,000 USD
- 1,000,000,000 USD
etc.
Here's how it will happen:
(THREAD 👇)
Keep in mind most nation-states, central banks, financial institutions, and businesses haven't even started buying yet.
Bitcoin's price is still too low for a lot of the wealthiest people in the world to pay attention.
Most people will ignore Bitcoin until $1M+.