When one Bitcoin is at $500K, most people on this planet canβt afford it.
They will end up buying IBIT share for $300.
ETF is for the poor.
The way you own the Internet is through investing in equities like Google, Amazon, or Meta.
The way you own AI is through investing in equities like TSMC, Nvidia, or AMD.
These investments have risks associated with a corporation. The Internet wonβt go away because Google ends up bankrupt. The same applies to AI.
The way you own Money is different from owning equity in a company. You directly own Bitcoin, which is native to the Bitcoin protocol.
The risk profile of owning Bitcoin is completely different from owning equity. What you are buying is a piece of the internet that canβt go bankrupt, with no management risk, no politics, and no human intervention, but its liveness depends on human adoption like any technology.
The suffering comes from not knowing money is broken
Gold will be replaced by Bitcoin in this cycle. That means Bitcoin will reach 650K.
As of today, the New 9 has added 8,486 BTC, now sitting at a total of 133,767 BTC in AUM.
Congratulations to all my followers who have front run Bitcoin ETFs. You deserve it!
Merry Christmas π
Everyone who bought #BitcoinΒ before the ETF should be able to retire and live a happy life.
At least $50+ trillion of offshore and foreign capital will find its way to #BitcoinΒ once the Bitcoin ETFs are available.
This may sound discouraging, but to Gen Z: The door is closing fast. Once a Bitcoin ETF is real, boomers with fiat wealth will flood into Bitcoin, making it impossible to buy one BTC with just a salary. Prepare accordingly.
