April 20th — the halving, 2024
Cut organic natural sellers in half.,, the price will have to adjust
31, 32 million dollars a day of natural sellers — to meet investor demand?
Leverage more
12, 13 Billion in Bitcoin
***
Leverages?
$17,000 to $72,000 a Bitcoin?
$140,000 immediately?
65k— digital, trade million times faster using a computer.
Bitcoin trades 168 hours a week — buy over weekend when conventional markers closed.
Ethical: No issuer, company or country controlling it.
***
Greatest of all the assets
Just wait for the rest of the world to realize it
Rebalancing
900 Bitcoin a day, 450 Bitcoin a day selling
— more demand a day?
***
No catalyst to draw down?
No cash flows — a feature, longest lived asset with least uncertainty. Buy to hold 100 years.
Ready to ride to $0– Bitcoin Maximalist. No reason why it won’t keep adjusting up.
***
Bitcoin Development Company — Like real estate development company. To buy Bitcoin with “convertible debtâ€.
$26B Market Cap
***
Operating cash.
Michael Saylor
Currency, digital currency — not this. Digital *PROPERTY*— capital preservation . Own $100Billion dollar property.
Digital Property.
Medium of exchange?
$100T store of value.
Save the capital for 100 years — buy Bitcoin, property to hand down to Seneca?
Digital — 100B Cyber building property.
Currency?
Spend their building as a medium of exchange. Capital security
Bitcoin will eat gold, risk assets, long term holds — Airbnb as retirement source middle class?