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We converted our entire reserves to #Bitcoin 
in Aug 2020 and since then we’ve been ridiculed and called irresponsible fools by people in our community.
Our reserves in $ terms doubled since then
Here is why we will continue to buy #Bitcoin forever
Time for a thread
in Aug 2020 and since then we’ve been ridiculed and called irresponsible fools by people in our community.Our reserves in $ terms doubled since then
Here is why we will continue to buy #Bitcoin
foreverTime for a thread
1) Our current macroeconomic environment implies that there is going to be 10 to 15% expansion to our monetary supply every year for the next 3 to 5 years (or more)
Assets are going to inflate
Bitcoin is digital gold and it’s going to have the highest real yield because
Assets are going to inflate
Bitcoin is digital gold and it’s going to have the highest real yield because
2) you can’t make anymore if it.
All the other investments are overvalued trades. Bonds are unethical, stocks are grossly overvalued, gold is a shitty store of value that debases by 2% a year. Gold in 2020 is a scam, you’ll see governments & institutions pumping it to dump on
All the other investments are overvalued trades. Bonds are unethical, stocks are grossly overvalued, gold is a shitty store of value that debases by 2% a year. Gold in 2020 is a scam, you’ll see governments & institutions pumping it to dump on
3) retail misinformed investors because #Bitcoin is 1000x better across all aspects. All these investments have some upside and more downside in our opinion. There is no way for the average person to get an edge. #Bitcoin has an asymmetric proposition. You can get an edge here
is 1000x better across all aspects. All these investments have some upside and more downside in our opinion. There is no way for the average person to get an edge. #Bitcoin has an asymmetric proposition. You can get an edge here
4) because it has a history that scared some people away.
It hasn’t been embraced by all of the institutional community (that’s changing fast now). If you can front run this shift then you have an edge.
It’s been traditionally difficult to buy. And a lot of people can’t
It hasn’t been embraced by all of the institutional community (that’s changing fast now). If you can front run this shift then you have an edge.
It’s been traditionally difficult to buy. And a lot of people can’t
5) pick up the phone and buy it. If you go through the trouble of how to acquire & secure it that will give you an edge.
It has all the technology upside of Apple, Google, Facebook & Amazon (combined) from a decade ago and you saw what they did over the last decade.
It has all the technology upside of Apple, Google, Facebook & Amazon (combined) from a decade ago and you saw what they did over the last decade.
6) Bitcoin is the first successful digital monetary network. If you come into it right now your coming in at a 350 billion market cap and it’s unstoppable at this point so it makes sense to be early to this trend.
7) As the price goes up, the value of the offering goes up because the liquidity is the value proposition. This an example of something where the higher the price the more value it gets the more people want to have it and the more robust it gets.
8) That is not true with a stock. As a price of a stock goes up it delaminates from its cash flows and its P/E goes from 20 to 40 to 60 to 100. As with many things as the price goes up the risk gets higher but With #bitcoin as the price goes up the risk gets lower.
as the price goes up the risk gets lower.
9) It’s such a simple beautiful engineered wonder that doesn’t have all the competitive risks that so many other things have because it is so very simple. It’s just 21 million gold coins in cyberspace, which devoured all other competitors. #Bitcoin is the winner
is the winner
10) Buy one or a fraction of one and as people adopt the network, the value proposition increases, as technology gets better the value proposition increases, as people (like us) get more productive, they’ll sweep more cash flows into it, the value proposition increases
11) & as central banks print more money the value proposition increases.
That’s just an elevator pitch. The #Bitcoin rabbit hole goes a lot deeper. If you are interested to learn more let us know.
That’s just an elevator pitch. The #Bitcoin
rabbit hole goes a lot deeper. If you are interested to learn more let us know.
12) We would like to thank the The Cyberhornets, The Honey Badgers, The Hodlers, The Maximalists, The Developers & The Good Economists. Without them we would still be in the dark.
13) Educate your self. Luck is when knowledge meets opportunity.
Also follow us for some amazing food content
Also follow us for some amazing food content
