Bitcoin, like ai is difficult to understand but inevitable. It is the only incorruptible (can’t be inflated or distorted) unit of account on the planet. Nation states have discovered this as has Wall Street. Bo Hines, Trumps top crypto advisor recently stated they intend to purchase as much BTC as possible. This is to occur in a manner that does not require tax payers funds. At the same time BlackRock wants it all. Bitcoin is thought of as the token BTC. But what it really is, is the Bitcoin network. The largest most powerful most secure computer network that has ever existed. That is the true value for a whole host of reasons. The book Soft War* written by Mjr Jason Lowery which was censored from printing by the DOD shortly after it came out, outlines Bitcoins importance to future national defense. Michael Saylor, founder and Executive Chairman of Strategy (formerly MicroStrategy) (Strategy holds $40B in BTC and is the only stock to outperform Invidia) believes that Bitcoin will be the money of the ai’s. They will require a digital globally functional, autonomous, uniform, and politically neutral form of exchange of value. Saylor also points out that in a market volatility is vitality. Volatility goes both directions. If you look at a chart of BTC since inception you will see that it does make wild swings. But those swings occur within a channel that moves only upwards to the right. As it matures it has also become less volatile. Now with the constant bid coming from nation states and corporate institutions Bitcoin has weathered recent events without the magnitude of downdraw that used to be normal.
The risk of Bitcoin is no longer owning it. But rather having zero. In another year or two it will likely become impossible for an individual to obtain a meaningful amount.
*Soft War is available for free as an audiobook on YouTube
The risk of Bitcoin is no longer owning it. But rather having zero. In another year or two it will likely become impossible for an individual to obtain a meaningful amount.
*Soft War is available for free as an audiobook on YouTube
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