1/6 Today we start our training session on 'Why #Bitcoin'
I will articulate Bitcoin's purpose and potential value from my perspective.
First, we need to discuss the timing around Bitcoin's formation. The financial environment at the time tells an amazing story for 'Why Bitcoin'
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Processing time normally takes about 4 weeks, but my team expedites any applications that come through me 🥰
BTC at $5M
Redefining Money and Power:
🔹 #BTC emerges as a beacon amidst most global dilemmas. Governments and politicians have long wielded fiat currency as a tool, often at the expense of common citizens and those that save.
🔹 Money, at its core, is an information tool. Imagine using a tape measure that's constantly stretching - it loses its essence, breeding inconsistencies and inaccuracies.
🔹 Bitcoin offers consistency, transparency, and resistance to arbitrary manipulation. It's more than just digital gold; it's a hope for a brighter and fairer Humanity. 🌍💡 #BitcoinRevolution
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Todays Market Musings:
🔹 The financial markets feel peaked. Unemployment/Disability on the rise, Hiring freezes, 400+% increase in mortgage rates, looming commercial real estate rate resets, historically high S&P500 earnings multiples, and concerns about the dollars reserve currency status, especially with new gold-backed BRICS, all seem to point to a top. Recession is imminent.
🔹 AI's rise plays a significant role; without it, we might have already seen the downturn. But where will the capital go when equities sell? Short-term treasuries for a quick market reset, perhaps? #BTCEnters
BTC's Ascension Base Case:
2022: $17,000
2026: $37,660
2030: $83,431
2034: $184,827
2038: $409,455
How did I arrive at these numbers?
Let's dive into Bitcoin dynamics: Its newly mined supply halves every 4 years, indirectly leading to a steady 19% YoY return (100% every 4 years). Add in 3% for fiat inflation, and you get a 22% compounded yearly. Public miners like Mara and Riot have stated they don’t usually sell their new BTC at a loss and based on their 10-Qs, it looks like 17k is their magic number for profitability. Why does this matter, well the sell pressure diminishes at or below these levels. I would also suggest a normalized floor price of $17k was established/reiterated during the FTX fallout in DEC 2022.
🔹 Based on #BTC's coded supply squeeze and publicly traded miners' financials, we have a fascinating worst-case scenario.
🔹 But remember, this is the ultimate conservative look; there's much more potential in store! #BTCPredictions
Bitcoin’s True Potential (Hyper-Bitcoinization)
🔹 Bitcoin is unlikely to de-monetize assets like Gold, Stocks, or Real Estate. Their value will continue to inflate. But the beauty of Bitcoin? As it becomes more prominent, a higher percentage of new capital will flow into it, causing other assets to inflate at a slightly slower rate. Add in inherited wealth transfers as boomers die and Millennials invest into the future of money growing at a minimum 22% YoY.😉
🔹 In an inflationary system, slight shifts have vast implications. If Real Estate, valued globally at $350 Trillion, growing at 10% annually, sees just a 0.5% dip in growth, that’s $175 Billion redirected, potentially to assets like Bitcoin annually. The scarcity and finality of #BTC's supply only make it more enticing.
So what is the true potential for BTC? What's the value of civilized humanity without govt corruption and war.. 🤔🤔🤔🤔