Think Long<\/p>\n\n\n\n
Chaos & Bitcoin<\/p>\n\n\n\n
2020– 17,732 bitcoin haven\u00e2\u20ac\u2122t sold — you don\u00e2\u20ac\u2122t sell your Bitcoin<\/p>\n\n\n\n
158,400 Bitcoin micro strategy —<\/p>\n\n\n\n
Consistently acquire more bitcoin<\/p>\n\n\n\n
Debt equity for more Bitcoin<\/p>\n\n\n\n
$4.7B of real money into Bitcoin<\/p>\n\n\n\n
Below 10k– 175M cash Bitcoin<\/p>\n\n\n\n
..<\/p>\n\n\n\n
How many bitcoin do you have when Bitcoin hits 1M or 10M a bitcoin<\/p>\n\n\n\n
.<\/p>\n\n\n\n
No –><\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t think it is wise to sell bitcoin<\/p>\n\n\n\n
Bitcoin Maximalist –> apex asset<\/p>\n\n\n\n
Our strategy is simple — levered, long Bitcoin operating company<\/p>\n\n\n\n
1.6% interest borrow<\/p>\n\n\n\n
Buy more Bitcoin<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Long Bitcoin<\/p>\n\n\n\n
I wish $9,500 a Bitcoin — I wish I bought more!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
August 10th, 2020–<\/p>\n\n\n\n
192% increase<\/p>\n\n\n\n
Big tech not as good as bitcoin<\/p>\n\n\n\n
242% up –> levered long Bitcoin<\/p>\n\n\n\n
Borrow money to buy more Bitcoin<\/p>\n\n\n\n
Billion dollar borrow at 0%–> intelligent leverage<\/p>\n\n\n\n
.<\/p>\n\n\n\n
7 year 9 year 5 year term loan –> intelligent leverage.<\/p>\n\n\n\n
Next 30 years want to own<\/p>\n\n\n\n
Bernard aurnauld test —<\/p>\n\n\n\n
Under perform or over perform?<\/p>\n\n\n\n
40% cost to capital –> has to yield that \u00e2\u20ac\u00a6 risk free<\/p>\n\n\n\n
Risk Premium<\/p>\n\n\n\n
.<\/p>\n\n\n\n
All falling knives<\/p>\n\n\n\n
USD money supply being increased –> world reserve currency<\/p>\n\n\n\n
7% Year over 100 years<\/p>\n\n\n\n
Weak currencies –> 14% a year inflation , 21% a year.<\/p>\n\n\n\n
$1M debasing currency for 100 years worth $70 bucks<\/p>\n\n\n\n
.28cents<\/p>\n\n\n\n
\u00e2\u20ac\u00a6<\/p>\n\n\n\n
Three choices<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Out-Innovate<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Purchasing power?<\/p>\n\n\n\n
..<\/p>\n\n\n\n
They can\u00e2\u20ac\u2122t beat Bitcoin –> risk and liability of humans operating a physical property in the real world<\/p>\n\n\n\n
Bitcoin is 100 years is 14%<\/p>\n\n\n\n
200% a year — 40% a year14% vs 7$<\/p>\n\n\n\n
Million becomes a billion<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Double 10 times in a row<\/p>\n\n\n\n
Decade<\/p>\n\n\n\n
Think 3 generations ***<\/p>\n\n\n\n
No panic<\/p>\n\n\n\n
You own the most desirable thing in the universe –> your family is rich<\/p>\n\n\n\n
It is always a bad idea to sell the good thing and buy the valuable thing<\/p>\n\n\n\n
..<\/p>\n\n\n\n
No taxable event ***<\/p>\n\n\n\n
Weaker properties<\/p>\n\n\n\n
Tax free<\/p>\n\n\n\n
Bitcoin is replacing bonds ***<\/p>\n\n\n\n
Bonds are paying coupons<\/p>\n\n\n\n
900T of value on the planet<\/p>\n\n\n\n
850T in real estate, bonds, collectibles<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin is the strongest capital<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Sell the sp index and buy Bitcoin, sell real estate and buy Bitcoin<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Move out of that dimension<\/p>\n\n\n\n
..<\/p>\n\n\n\n
Over exposed to physical companies, stocks , physical collectibles and gold–<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Think Long Chaos & Bitcoin 2020– 17,732 bitcoin haven\u00e2\u20ac\u2122t sold — you don\u00e2\u20ac\u2122t sell your Bitcoin 158,400 Bitcoin micro strategy — Consistently acquire more bitcoin Debt equity for more Bitcoin $4.7B of real money into Bitcoin Below 10k– 175M cash Bitcoin .. How many bitcoin do you have when Bitcoin hits 1M or 10M a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-617381","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/617381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=617381"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/617381\/revisions"}],"predecessor-version":[{"id":617382,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/617381\/revisions\/617382"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=617381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=617381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=617381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}