Bull case for Bitcoin
Unedited morning rant thoughts on Bitcoin's potential
Disclaimer: This is entertainment, not enlightenment. Invest responsibly, think critically - good old Saturday morning dump.
Does it make the world a better place if all assets rally?
The majority of the normies will continue to lose their purchasing power.
Everything will continue to erode, especially in Europe.
This is not something we should celebrate.
But we need to prepare for these clown rallies. Is the market overvalued? Sure, some stocks are, but are we in the everything bubble? Is it anywhere near the mass psychosis of 2021? No.
Today, the global cryptocurrency market cap is $2.39 trillion. The peak was 3 Trillion in November 2021. “Inflation Adjustment” Well, we are not that far behind from 3 Trillion, but if we “adjust,” We should be at 4 Trillion. Same goes pretty much for everything. It is extremely weird “monetary illusions” everywhere. Does the fucking P (price) even matter in the future?
Crypto and penny stocks are great places to watch if the mania starts again.
SPAC’s, influencer shilling everything, NFT’s, Coinbase IPO, Elon Shilling doge in TV. Still, remember? I was bat-shit crazy.
WE MUST GET RICH FAST.
Well, now the market seems like it wants:
WE MUST GET RICH FASTER. (Cryptofication of everything).
Should you gamble or not? Competition is for losers, so don’t.
No Bitcoin wont do 100x or 10x or 5x in the next 1-2 years…
Bitcoin has been amazing since 2022, seriously, be it interest rates rising, going lower, WW3, no war, more war, and geopolitical tensions. Soft landing? Hard landing? No landing? RISK ON - RISK OFF, the fucker just keeps growing. The same can be said for gold (wait until these fuckers learn that there is something that is 100x better than gold...)
Retail is still absent? All the Google search data, my personal anecdotes from real life. Nobody has asked me anything… Maybe I am just a dickhead…
Institutional Adoption: Growing. Big financial institutions increasingly offer Bitcoin-related services, legitimizing it as a mainstream asset. (Similarities to commodities in the early 2000s), well pwice must go up?
Corporate Treasuries: MicroStrategy playbook is spreading… More and more companies are adopting.
How can you not be bullish?
Bitcoin is also one of the only things that makes sense. Are companies doing good? What could better our societies? All the “value investing” bets are inherently bets on our society's decay. If you want to have fun, ask ChatGPT about “companies that do good and make societies better?” Or if you have cucked bankers or corporate slaves as your friends, ask them.
Our leftist state-owned media here in Finland is presenting “investors” I cant bear to watch that shit.
Is my “cryptofication” thesis just a mass psychosis by leftist media to present investing as gambling? Bitcoin as a clown-money?
Is Bitcoin bad? Do you think that this is bad? All the leftist media in Europe is trying to do is to get us not into investing and saving money.
What other asset forces our youth to ask: (And yes, you, the boomer value investor, Mr buffets cock sucker, what good have you done to the world? Why are youth asking this?)
What is money?
What is inflation?
What is wealth?
Who controls the money supply?
Why do governments print money?
How does monetary policy affect me?
What gives currency value?
If anything, Bitcoin humbles you and forces you to think critically. Think critically.
I am very bullish on the youth. They are 10x smarter than I was in my late teens/early twenties. Very bullish on people <3
I might vanish for a few months, getting tired of just bullshitting. Stay hard and stay strong and stack sats!
Sources and good reads:
Ask ChatGPT about “companies that do good and make societies better?
She needs more subscribers: great work.