There is no second best ***
Over $1T!
Exposure to the price through the stock market
.
Photo making photos is practice and training
RAW BITCOIN ***
Preferred stock
Half upside of capital gain, converts no downside
50% upside, no downside –> best strategy !
Institutional vehicles
1880–> electricity
First guy with fire
No one wants to get burned –> world without fire?
Electricity, shocked–> idiom, 90% –> new technology is scary
10 MPH, oxygen get sucked from cabin?
.
Extract energy from matter
Water extract energy from gravity
Most guys are short?
Stand tall
Engine, spins
Steam engine exterminates slavery
Gasoline, ICE
ENERGY REVOLUTIONS, 30 year reject
James Watt
Steam engine work
Digital energy
Transfer and store and channel energy without intermediary
Profound idea
.
Jan 2024
Year 0 institutional adoption
Accountancy acceptance year 1
75% ETF,
Regulatory
In Kind creation and redemption
Fair value accounting… mark up and mark down set like Apple stock
BNY melon, state street custody and buy and or sell
.
Bank? Institutions engineered to be custodians
.
Digital electricity
Vendor support
.
Indefinite intangible
Elevator in your house
1880
.
1906, 1915 nyc no cars
.
No yield
Central Park no yield
Generate yield
Counter party risk
Too big to fail
BTC yield ***
Risk security MSTR
Treasury, cash
.
Banking ,,,
Get a yield?
Big vision
Bitcoin as collateral
Loan Stock to short sell
.
2009
E cash p2p
15 years
94.11%
19M
.
Don’t trust vegans ***
.
99.9% of traditional market
The war on money, money is going to win
Capital controls … regulation is good !
Regular normal
S&P SPYDER
Paranoid crypto anarchists
20 dollars to the ounce of gold!
Franklin deleanor Roosevelt … devalue dollar
34 dollars per ounce
We weren’t in the chicken and pot standard
Gold standard
What is your standard?
The dollar standard
LA is the best place to be an investor? Always sunny, and happy?
Sun & Happiness –> Yes, they are linked!
.
Why is it so sunny in LA
I want you to give me your money!
Trust? ** trust economics
Inflammatory
2% fee, and 20% upside
.
152 asset classes
Fear mongering
Sell you a gun, hardware wallet, sell you a … XYZ.
million times faster, smarter. Stronger .,, more elegant than analog physical capital
Technology transformation ***
.
10M books, travel, music …
It is just a computer with digital files on it!
Fear, scam ,,, end of the world
Quantum resistant token?
Make me rich!
Asteroid bunker
.
Fear mongering
.
Why would you give up computers?
Haha!
Better computers
$10B a year to upgrade
Mini me in the basement ?
.
Billion times easier to hack and make profit on what?
Hardest thing to hack ***
Yo-yo quantum algorithm
Alarmism
Most profitable use of power to protect money
Incentivized
.
Teenage boys
Hack twitter
.
Why is Bitcoin better?
100 rich families
.
Keep money for 1,000 years
The god bank. 21 million god coins
Transact telepathically
People looking to heaven to solve problems
Intelligent engineer
Semi conductor technology. TCIP internet
Crypto Coin
.
We will all run the software
Cheat gets kicked off
I want a scarcity
Time and bitcoin .,, the only two scarce things on the planet?
.
Coins haven’t moved in 15 years
Crazy entrepreneur
Craziness is rewarded! ***
$250M on any other crypto asset ,., ever
Nobody put in $100M in anything else
All the rich powerful people chose English
Base 10 math . Base 2, 8, 16 math
Protocol Rich smart powerful people chose .
Stupid poor people to buy yours ***
The most powerful crypto network
709 exahash, 40B special semi conductors
.
18 gigawats
Hash rate, 1%
$10 B to get 1.2%
.
99% of real money went into bitcoin!
I got 99 problems but a Bitcoin ain’t one!