Gold market cap is ~$20T
Bitcoin market cap is ~$2T
So, gold is worth 10x bitcoin
Gold scarcity (stock-to-flow ratio) is ~60
Bitcoin scarcity is ~120
So, bitcoin is 2x scarcer than gold
IMO bitcoin is at least 10x undervalued
Why Firelight chose @FlareNetworks?
“Flare’s deep roots in the XRP ecosystem, proven security, and powerful interoperability make it the perfect launchpad for @Firelightfi. The FAssets protocol is foundational for bringing non-DeFi assets into DeFi.”
— @jrdothoughts at @SentoraHQ
You’re not investing in stocks. You’re investing in companies.
You’re not investing in companies. You’re investing in management.
You’re not investing in management. You’re investing in people.
Everything is downstream from the people who make key decisions.
Jensen, Elon, Zuck, etc.
Learn about their vision and how they plan on implementing it.
This is the key to long-term investing.
Reporter: "At any point would you sell [Bitcoin]? When would it make sense to take profits?"
Michael Saylor: "I'll be buying the top forever. Bitcoin is the exit strategy."