Two very well known people are making a fulltime job of promoting Bitcoin. I think they both have a firm handle on why, for dozens of reasons, some people go so far as to say that Bitcoin can save the world.
You’re probably here on my Substack channel because you’ve had an awakening to how we are on the very verge of complete loss of all freedom, digital slavery.
I’ve said many times that there’s a war on, between those who would use blockchain to enslave us (banksters and governments), via CBDC’s, or central-bank digital currencies–
–and those who would use blockchain to free us (the free-market system, via decentralized finance).
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It’s become a real nail-biter. As BlackRock, this past week, has gotten into the melee, wanting to buy BTC and sell it to retail investors in an ETF. BlackRock is such a behemoth that allocating one-half of one percent of its resources to “sucking up” all the bitcoin, would mean they own most of it and the little guys own very little.
And where they take it, from there, is anybody’s guess. (Tank it? Let it roll, but control it, which defeats so many of its purposes? Make it the world’s reserve currency?) You and I can vote with our dollars. We can continue investing in the federal government, with treasury bonds, and the bloated, inflated stock market–or we can invest in our own freedom.
We’ve all got our buckets of popcorn, and I’ve listened to analysts on this topic till I fall asleep: but what’s certain (and you knew this) is that the banksters aren’t going down without a fight. They’ve rather enjoyed controlling “money” for hundreds of years.
So let’s talk about the two most articulate guys speaking up in favor of Bitcoin mass-adoption, and I’ll share two videos I’ve liked best, from both of these billionaires, that I think you’ll enjoy, too.
Michael Saylor, the longest-running living CEO of a public company, is stepping down from his CEO job, to advocate for Bitcoin fulltime. Your cynical side might say that’s because he’s invested $4B in the asset. (Yes, that’s a B, not an M.) And he needs to shore up confidence in it.
I’ll try to get him on our Weds night Live for our Insiders Mastermind, soon. Since he’s just promoted another executive into his position at MicroStrategies, after spending more than a quarter century in that role, himself, and is making himself available to talk Bitcoin. Gold cannot compete with Bitcoin in a digital world that is never going back to 500 years ago.
It’s entertaining to watch Saylor in interviews recently, try not to get defensive or testy, when interviewers and online critics say he’s “lost a lot of money” on his Bitcoin investing. It is human nature to say that because crypto crashed this year, it’s a bad asset–when in fact, assets are volatile and have bull markets and bear markets. None more volatile than crypto, thus far.
Saylor does make great arguments that BTC in the last few years has massively outperformed gold, silver, the stock market, the bond market, and probably everything but real estate. I think in a year, he’ll be able to add real estate to the list. Bitcoin has increased in value 20% the last few weeks. And real estate markets are getting stagnant, with decreased demand.
(You’ve probably noticed that real estate properties are sitting on the market for 2-3 months, even prime properties, and sellers are lowering prices. In every state where I have “boots on the ground” [realtor friends/followers, if you and I are in touch, you know I ask a LOT of questions]--all of which are in “importing” states, or the states where people are running to, as they run from CA, NY, NJ, etc.)
I just sold my Utah home for $25k less than I was offered, three weeks before. (I said no, then changed my mind and went back to the same buyer, asking if he wanted it. He said, “Yes, but for a lower price.” He’s a realtor and has a pulse on the market.)
Now, homes taking 2 or 3 months to sell was “normal” before you heard the word “COVID” and the world went insane. Real estate isn’t likely to keep soaring to higher highs. We shouldn’t even want it to:
I don’t know about you, but I’d love my children to be able to buy a home (ever). Prices continuing to go up makes no sense in the “quantitative tightening” the Fed is committed to, where the average home buyer can now qualify for $500k if they qualified for $1M a year ago. That has a tendency to dampen demand.
The question is whether we have a “correction” or a “crash.” Here’s a video by one of my favorite analysts (Mark Moss) projecting a correction, and another one (Valuetainment’s Patrick Bet-David) with an even better video evaluating data and predicting a crash.
It’s not just Michael Saylor out there battling for Bitcoin. Shark Tank’s “Mr. Wonderful” Kevin O’Leary is doing the same. I saw an epic interview he did recently, on mainstream media, ferociously arguing with a Democratic Congress member, that nothing in the Inflation Reduction Act ($700B+) will bring down inflation.
You’ve probably heard that Biden quietly signed the death warrant, in April, on CASH. Yes, cash is slated to bite the dust in December of this year. It’s right up there with the 82-yo grandma who leads the House of Representatives running over to Taiwan with 5 American aircraft–for ways to advance the agenda, as fast as possible in 2020, before Congress and the President are hopelessly gridlocked again, after the midterm elections.
(Gridlock is very frustrating, when you’re a legislator. But it’s probably the reason we Americans have any rights left, at all. The more the government leaves us alone, the better we are. The last 20 months of the hard-left being in control of the Executive and Legislative branches have been terrifying, if you like the idea of America being energy independent, or if you want any sovereignty over, say, your own body, or your bank account and your dollars–or even if you want there to be such a thing as a dollar, in 5 years.)
Anyway, Kevin O’Leary wants regulation, especially of stable coins, and given the scammy climate where it’s almost no-holds-barred, I have to grit my teeth to say, I agree with him, and so do most of our crypto coaches. Bitcoin has now been classified as a commodity. As it should be (as Saylor as always said).
Some analysts think the biggest crash of all for crypto is yet to come, and that according to some asset chart historical comparisons, we could see BTC hit $3500 before it soars to $100k’s. Would you still want to own it, if you knew it might plunge to terrifying lows? I do.
There aren’t many successful investor women advocating for the way to get free of the slavery of central banks–but I’m one of the few, joining O’Leary and Saylor. It’s only the fate of our children’s financial future, at stake. If you want to join our hands-on learning community, here are a couple of options. Watch my free video on how the financial world is changing and why you absolutely must learn about blockchain, cryptocurrencies and Bitcoin and Ethereum, and DeFi, or decentralized finance. Or just join the mastermind, and get a free month, here. And, please assume that some of the links I may share, compensate my small business.
I found it interesting that there's a yes and no checkbox on the IRS federal form 1040 asking if you have invested in digital currencies. It was on the 2021 form for sure. I think that question was on the 2020 federal tax return too. There wasn't any reason to include that question on a tax form except to entrap people. I'm sure that the world governments know about every asset we own, and every purchase we make of everything.