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Crypto.. Bitcoin.. Markets.. Do you wanna learn something new about me? Check the thread! Here are my thoughts...
Before I dive in: I think this is relevant to anyone! This may reach eyes that know way more about the markets (cool, I’d love to learn more, let's connect) — and/or someone who might benefit from learning more about financial literacy. I think the wealth gap is continuing to
widen, and those not holding investable assets will continue to suffer.. one newly printed dollar by the Fed at a time. I’m new to sharing my thoughts about these topics publicly, and this thread just happens to be primarily about crypto/btc. Don’t get it twisted, I still love
stocks, real estate, 401ks… but fixed income...? Not so much. Regardless, I hope you enjoy the read, and I look forward to talking more about financial topics.
First, I’ll deliver my background in the Finance space not to flaunt or claim I know everything (because that’d be far from the truth), but rather to add some context so you can judge my thoughts, not from the Sean that catches footballs & blocks people for a living
in the @NFL, but from someone who is passionate and spends an extensive amount of time researching economics and the markets (just ask @ZuriHall, TY for your patience Z 
).
).
I’ve had the typical economic & financial teachings taught in university; professional investment experience for my undergrad internship as the Equity Research analyst for @Shelter_Ins my last year of college (yes, I use to love geeking out on Bloomberg terminals & Excel
spreadsheets between workouts & practice); studied for the Level 1 Chartered Financial Analyst (CFA) exam — which I unfortunately didn’t pass (was in the top decile of the 62% failure rate). Note to future self: spend the recommended 300-400 hours of study time and don’t plan to
take it a few months out, while working 30+ hours a wk at a firm and also being a D1 athlete at an SEC school. I also spent my last semester at the @Mizzou business school performing due diligence on early-stage companies seeking startup capital from our cross-disciplinary
fund. Also, as some of my followers may know, a year ago I was accepted into the @KelleySchool to begin working on my MBA through their Kelley Online Program during my off-seasons. All of this, only to say.. I'm passionate.
Ok, subtle but necessary flex aside 
, here are my thoughts on what’s currently happening in the market (and fast I might add). Stimulus. Stimulus. Stimulus. As of September, the Fed was printing $1.4B an hour.. Over 20% of all dollars circulating have been printed
, here are my thoughts on what’s currently happening in the market (and fast I might add). Stimulus. Stimulus. Stimulus. As of September, the Fed was printing $1.4B an hour.. Over 20% of all dollars circulating have been printed
in 2020 alone. Inflation is the sneakiest and most crushing tax.. and it’s often “hidden”. Adds a different meaning to “No taxation without representation”, if you ask me.
Now introducing the topic of crypto currency, specifically #Bitcoin 
. For sake of length (as this thread is not to explain why Bitcoin should be adopted, but my current thoughts on it), I’m actually going to suggest everyone reading this check out “The Bitcoin Standard”, which
. For sake of length (as this thread is not to explain why Bitcoin should be adopted, but my current thoughts on it), I’m actually going to suggest everyone reading this check out “The Bitcoin Standard”, which
perfectly explains the history and evolution of “soft” to “hard” money – only to have the system revert back to soft, debased money! With brevity, bitcoin is of fixed supply designed to preserve your wealth over the long run. How could one say that of the dollar, where the money
supply is proliferated at unprecedented rates? Supply & demand, and people are beginning to demand BTC. I write this with conservatism, considering my traditional economic teachings in college & the safer, less volatile investment approach of an insurance firm, but I’ve always
had some contrarianism in me, and a moderately high risk appetite. My dad was a big gold advocate, and would always share his ideology of the shortcomings that lie with current monetary policies (who in the hell posited Keynesian economics??). Given all of this, I also aspire to
work in the wealth management space when my playing days are over, and understand it would be ill-advised to impulsively suggest the complete adoption of Bitcoin, as it is highly speculative at this time with extreme volatility. However, I believe you are doing a disservice to
your portfolio to not allocate a portion to an asset that accretes over 200% a year on an annualized basis for the last 10 years. That’s not a little time.
Considering its asymmetric returns (risk/reward profile) and future estimated growth, having 1% of your portfolio in crypto would amplify portfolio returns more than having 1% exposure to the riskiest stock, IMO — for less risk! Will it be a global currency? Or replace the
market cap of Gold as a store of value? All to be determined. But I feel it would be dogmatic to disregard cryptocurrencies, especially considering the power of the blockchain network. The movement is happening before our eyes as I write — Decentralization, DeFi, decentralized
social media, etc.) When looking at history (how many knew inflation was a significant catalyst to the fall of the Roman Empire), one could claim it’s not if, but when. Sure, I’d selfishly love to experience the reward for assuming the risk of buying BTC now. But the way I see
it, in the event it doesn’t happen in this lifetime, my kids will be financially set. Talk about generational wealth! For now, I continue to learn, and as my friend @RussellOkung says, “Stack Sats”.
Zoom out & look at the big picture. Educate ( @michaelsaylor @pomp @saifedean). Think for yourself and Choose Sovereignty. Choose #Bitcoin
*not financial advice. Lol
*not financial advice. Lol
