The $ won’t vanish overnight. But why risk your nation’s life savings in Treasuries your adversary could cancel? Inevitably, countries will start saving in #Bitcoin
3 ways #Bitcoin OGs play it:
⚡ Never sell / never borrow → ultimate sovereignty (Keiser)
⚡ Never sell / borrow → live off loans, keep upside (Saylor)
⚡ Sell some → cash out gradually, treat as asset (retail)
Same asset, 3 philosophies. Which camp are you in?
Reminder - Cathie Wood the trailblazing investor behind ARK Invest and often hailed as the most successful female money manager in the world revealed in April that ARK has supercharged its “bull case” forecast for #Bitcoin, hiking the 2030 price target from $1.5 million to a staggering $2.4 million.
Key Takeaways
ARK Invest raised its Bitcoin bull case target to $2.4 million by 2030, driven by institutional adoption and digital gold status.
Bitcoin could reach a $49.2 trillion market cap if it captures a significant share of global financial markets and gold’s value.
Even ARK’s conservative scenarios project strong Bitcoin growth, requiring a 32% to 53% annual increase through 2030.
In case you missed this news:
Mexican Billionaire Ricardo Salinas Says He Has 70% Bitcoin-Related Exposure!
“I’ve got about 70% in Bitcoin-related exposure and 30% in gold and gold miners,” Salinas said during an interview with Bloomberg. “I don’t have a single bond and I don’t have any other stocks except my own.”
The FCA has finally recognised the maturity of the crypto market, lifting the ban on crypto ETNs for retail investors. A long-overdue move.
The FCA's decision to lift the ban on crypto ETNs for retail investors reverses a 2020 restriction, reflecting a shift in regulatory stance as the crypto market matures, with trading history providing better risk assessment data.
#Bitcoin #FCA
