Fungible
Own a city block in New York, New York City —
Zoning risks
Physical nexus
.
Bitcoin is better property —
.
Everything happened as it should have happened
Digital monopoly, vs Apple?
.
1/21 millionth
Get rid of product cycles ***
True Man
.
Apex Money
.
Highest price appreciation vs fiat
.
Longest duration of any asset
.
No more iPhone for photography?
.
iPhone Pro camera sucks
.
Cut in half every 14 years
Negative real yield
Local currency risk
.
Gold isn’t scarce
.
Triple the supply of it?
Apex ETF
–
SPY
without asset inflation
Lowest investment risk, best tax treatment
Highest price appreciation
.
Intrinsically defective
Durable & maintainable asset
.
Most investment strategies don’t work
Nothing happens 99% of the time
.
Which 2 days or which 1 day will outperform every day?
Don’t sell!
Everyone else is 0
7 stocks out of 7,000–
99.9% of companies are NOT beating inflation!
Non organic growth
.
EPS
*
De-capitalizing?
.
Fragile. Hard to manage
Mergers are bad
Idle factories?
Economic Malaise **
.
Bitcoin virtues
14%
.
No risk or liabilities
No competition *
.
Indestructible
No physical nexus
.
Technology idea
Just invest in things you believe in
.
There is one winning strategy — hold the apex asset for a long period of time
Gold will under-perform over time …–>>>
Destroy value?
.
Up 199% percent
The rest of the world is in chaos.
How to thrive when the rest of the world is in chaos?
Gold isn’t money **
.
Gold is down -4%
.
Bonds are bad –> govts printing bonds
Bitcoin strategy to fuel your growth
Double down when others panic **–> keep buying
284% .
All is relative **
.
Boosted by your Bitcoin strategy.
Bitcoin is the slingshot
No safety
.
High growth load
Growing at 40%
.
High growth bitcoin
Adoption dynamics
Global unrest
Immaculate
.
Fair value accounting
.
Bitcoin dollars a month ,,, billion dollars a month
.
Corporate adoption
Over a long term Horizon, laser focus is rewarded
Think 100 years in advance ***
–> do great things, think 3 generations ahead
.
Fear and anxiety do stupid things destroy wealth and create chaos –> 3 months or 3 years?
.
$1,000,000–> $1,024,000,000 (billion)
.
BTC return ~14%
.
My mom won’t be alive 100 years from now but neither will I?
.
100x
Double your money 10 times!
.
Real net worth
Bitcoin is economic armor **
.
Economic Armor
.
Whatever you do just make sure you don’t lose the money!
.
Buy Bitcoin –> asset
How to custody asset
.
Don’t trust counter party
.
None of these counter parties will fail you
.
People who will die in 10 years?
.
Periodic health check
.
Do you trust yourself?
.
…
Trust at age 35
.
Do it for their health?
.
I’m glad I trusted the right company!
.
Why Buy Bitcoin?
.
Have a backup plan
.
When people lose confidence in everything else –> they will buy Bitcoin
.
Demonetize other assets 30x, then 500x… replace gold
Everyone can buy bitcoin
.