I understand that many of you only followed me for my Bitcoin posts.
And I've been bullish about Bitcoin on X and in real life since about $3K per coin.
But my primary mission is to provide my family with a high quality of life.
If that's your goal too, then stick around.
Since I was 15, the majority of my mental energy has gone into figuring out how I could avoid the rat race and live an uncommonly good life.
I knew I wanted to provide a top class life for my family one day.
- A quality home in a safe and beautiful environment
- Freedom to work on stuff that interests me
- Ability to prioritize health
- No financial stress
I just didn't know how I'd get there from zero.
I knew I needed capital to invest.
So I focused my attention on how to get some.
I put all of my energy and focus into building businesses.
I learned to code, sell, and market.
When I finally I turned sweat equity into 7 figures of capital, I moved my attention towards where to allocate that capital.
I studied.
I learned how money worked, I learned about debt cycles, I studied all the different asset classes.
And concluded that Bitcoin was the biggest opportunity.
When March 2020 came, I went all in.
I knew that it was a ridiculous opportunity.
And I've been spelling it out on X since sub $10K.
Before Michael Saylor started evangelizing.
Now everyone knows Bitcoin is going to $1 million and beyond... But it's not the same kind of non-consensus investment as it was at $5K.
You had to have brass balls (or ovaries) to be backing up the truck in March 2020 when people thought the world was ending.
Today you're following Larry Fink's guidance.
Don't get me wrong, Bitcoin is still a great investment.
It's hugely de-risked and it's still my largest holding by far.
But I believe there are more asymmetric opportunities out there now.
If Bitcoin is your guiding light. Your religion. Your purpose.
You will overlook these opportunities.
You will unfollow me if I talk about them.
And that's totally fine. I understand.
Bitcoin is safe and easy to hold. And you'll do well.
But if you want a return profile similar to $3K Bitcoin on a similar timeline... You need to look elsewhere.
This is where many go astray.
They buy shitcoins.
Or they silo themselves into exclusively Bitcoin-related investments.
But that limited thinking has lead many Bitcoiners to slaughter via BTC treasury companies.
Many of which are down 90% from their peak.
I will never recommend a vaporware shit coin or "the next Bitcoin."
Nor will I highlight something I don't believe in.
I will always share my own genuine thoughts.
That doesn't mean they'll be right.
But they will be honest.
I've gotten a lot of sh*t for sharing a bullish thesis on Bakkt.
Let's check back on that in two years.
But in the meantime, check out what I wrote in May 2024 about Bitcoin miners converting to AI compute (see screenshot).
Iren has outperformed Bitcoin by about 800% since then.
Bitfarms is up 100% since I mentioned it 8 days ago.
I don't share this with you to give you FOMO.
I share because if your guiding light is providing a high quality life for your family... If you're open to genuine opportunity...
Then you will realize that the AI and robotics revolution will create more opportunities like this.
And a smart, tactical exposure to this once in a lifetime economic transition could make sense for you.
Some other Bitcoiners wouldn't write this out of fear of the maxi backlash.
But I've never cared about how many followers I have.
So I'm free to say:
Make your family (and God if that's your thing) your guiding light and watch what opportunities appear in front of you.
@zerohedge True.
That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
A single Bitcoin will be worth $10 million+ in 20 years.
"But how much will a hamburger cost"
No.
$10 million in today's dollars.
Do you know how much better humanity is going to get at making "stuff" in the next 20 years?
Intelligence, energy, and kinetic labor will be abundant.
The human mind cannot fathom how scarce a single Bitcoin will be relative to the vast amount of stuff that will exist.
Go for a hike and really think on this idea.
Think about how much more abundant everything is going to be. Consider the rate of technological progress.
Think about how much Bitcoin will be gone forever.
Lost or locked up for eternity.
At a certain point it will click:
Being "rich" won't be rare. It will be commonplace.
But being truly wealthy will remain scarce.
Why?
Because wealth is so much more than the ability to buy "stuff."
Saving Bitcoin for the future is important.
But don't neglect other wealth-building activities in the pursuit of more zeros.
Get fit.
Build a family.
Cultivate peace of mind.
Find work that motivates you.
Like Bitcoin, these things will remain scarce because they require proof of work.
A machine will never do these things for you.
Which is why they will forever remain the most valuable things in life.
Make no mistake. Journalists and senators lying about crypto financing terrorism and pinning the blame on us is an existential threat. If they win that information war there is no limit to government aggression. This is a battle we need to win. And the truth is on OUR side.
I understand that there are a lot of people who will look at me going from altcoin slayer to antimaxxi assume itโs because of financial incentives
But I think, and I hope, that those who truly truly know me *know* I care way more about being right than anything on this planet