Does $42,000,000 #Bitcoin       sound stupid to you? I thought the same thing until I considered that #BTC       has all the characteristics of money. It will cripple the stock market and real estate values. Why? Bitcoin is the first ever asset that can be used as a medium of exchange, unit of account, and store of value. We used gold as money for thousands of years. It was very hard to manipulate the supply of gold, so it remained valuable for a long time. The problem with gold was always that it wasn't portable and divisible. Government-issued currencies disrupted gold because they were easy to transact with. Real estate and stocks became a great way to store value because government-issued currencies aren't real money; they can be printed at will. And now I can't stop thinking about how Bitcoin will absorb ALL MONETARY VALUE. Bitcoin is digital gold - it combines the portability and divisibility of digital money we use today with the scarcity of physical gold. It's the only asset that's ever been able to do this. At today's prices, Bitcoin is a steal when compared to the values of all assets and commodities in the global economy. Buying 1 BTC means you are buying 1/21,000,000 of the world's money supply, forever. This means you own 0.0000000047619% of the supply of the world economy's coupons representing value. The value of all monetary assets today is $900 TRILLION. 0.0000000047619% of $900T is $42,000,000. The thing that's impossible to consider here is that Bitcoin is scarce while everything else is abundant. You can build more houses. You can mine more gold. You can issue more stocks. But you can't create more Bitcoin, no matter how hard you try. If there's only 1 BTC available to buy in the global economy, how much will the world's elite pay for it? These amounts will eventually be so insanely high that only 1 BTC will be able to represent the value of 1 BTC. The world's entrepreneurs will be fighting to create value because that's the only way they'll be able to get more BTC. All monetary value will eventually collapse into Bitcoin. We will see a $1,000,000 BTC, then a $10,000,000 BTC, then a $42,000,000+ BTC. Don't believe me? I don't care. Learn how Bitcoin works, or just keep waiting for things to unfold.
Being able to transfer and store value WITHOUT A TRUSTED THIRD PARTY will become more valuable as human societies develop with time. We interact with more people who we don't know than we ever did before. We can trust fewer people. And yet we are expected to trust banks (corruptible people that we don't know) to store our wealth? Historically, trust based money has never worked. Bitcoin is designed to be the world reserve asset. This will take time to happen... it could take 10, 20, or even 100 years. In the meantime, anyone that stores wealth in #Bitcoin will see prosperity, while anyone who stores wealth using anything else will have their money taken from them bit by bit (interest, taxes, fees, etc).
Large financial institutions are going to start promoting #Bitcoin    because they will benefit if customers buy it. Fidelity, Blackrock, Invesco, and other large companies have applied to offer a Bitcoin ETF. And yet most retail investors still think it's a scam. This may be the only time in history that the average retail investor has a head start on institutions.
Bitcoin will be the Great Reset. Bitcoin will lead to the biggest wealth transfer in human history. Bitcoin will absorb all monetary value from the broken legacy financial system. The majority of people don't understand this yet.
In 20 years, #Bitcoin       will be a part of everyone's life. Even if you can't visualize this yet, put in the time to study it. If you're a beginner, here are some topics you can start learning about: - History of money - Why gold was money - Central banking - Fractional reserve banking - Executive Order 6102 - The Nixon Shock - What is fiat currency - Money creation in legacy financial system - Bitcoin supply and demand - Decentralization After you put in the time, it becomes obvious that decentralized uncorruptible money is where the world is going. Regular everyday people don't want to be scammed by their bank and the only way to do so is to eliminate the bank from our finances. Bitcoin does that for you by allowing you to store your wealth in your own possession instead of trusting banks to hold it for you.