Have you ever told your friends and family, they should buy Bitcoin?

Johnny Utah | Twitter: CRAYsecurity | DYOR#

Bitcoin $15,778, Ethereum $464, Crypto Market Cap $450B

Me too. Many, many, many times. Most did not. Few did.

The better question is this….

“How much time have you spent researching and learning about Bitcoin?”

Chances are, the response is this…

“Yes, I’ve heard about Bitcoin, and I probably should research some more.”

Chances are, they are too busy with life, ignore you, or they don’t know where to start.

After some self talk, you say to yourself, “I don’t understand why my friends and family have not bought Bitcoin, I’m sharing one the greatest investment idea of my lifetime. It’s like investing in Google at the IPO!”

Eventually you give up, and wonder… “How can people ignore one of the best investment opportunities of our lifetime?”

Perhaps 2020 will open their eyes.

The pandemic has created intense monetary pressure across the globe with Central Banks printing over $7 Trillion dollars to stimulate global economies. This trigger is the fuel that has caused several of the brightest minds in finance to evaluate their investment options as the USD continues to devalue over time.

There are 8 notable events that have occurred in the last 6 months which are driving the market. I’ve included source links below, so if you invest 2–3 hours of your time, you will have a better idea of the future of money.

1. In May, Bitcoin experienced a “halving” of the supply. There will only be 21M Bitcoin, and the supply is halved every 4 years. There are currently 18.5M Bitcoins in circulation, with 6.25 Bitcoins created every 10 minutes. Historically, it is the beginning of a Bitcoin Bull Market.

2. In May, famed Hedge Fund investor Paul Tudor Jones sent an investment letter to his fund authorizing and allocating investment funds to Bitcoin “The question facing every investor is, what will be the winner in ten years’ time?…..My bet is it will be Bitcoin.” — Paul Tudor Jones, May 2020

3. Microstrategy (MSTR) announced they converted $425M in cash on their balance sheet to Bitcoin in August and September in their Corporate Treasury. There are over a dozen companies who have taken this step, Microstrategy is the largest.

4. In September, Square announced a $50M to Bitcoin, or 1% in their Corporate Treasury. Square also shared an Open Source document showing companies “how to” execute the strategy.

5. In October, Paypal announced support for Crypto. Paypal has 346 Million users will have access to Buy and Sell Crypto currencies through the app. Retail is coming to Crypto.

6. In October, a Doubleline published The Pandora’s Box of Central Bank Digital Currencies. Expect a CBDB digital currency within 5 years, and I suspect China will lead the way. Think bigger.

7. In November, the European Central Bank announced their initiate to explore a CBDC. Digital Currencies are coming and most people are not paying attention. This will be bullish for Bitcoin.

8. In November, “I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class that has a lot of attraction as a store of value,” says legendary investor Stanley Druckenmiller.

Each of the notable events is significant, and you owe yourself the time to research the future of money. We are still in the first inning of the future of money (only a $450B market), so I encourage you to use your time wisely!

And I’ll leave you with this, If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.

– Satoshi Nakamoto

Sources:

Paul Tudor Jones — Investment Thesis — if you read one document, read this:

https://www.scribd.com/document/460382154/May-2020-BVI-Letter-Macro-Outlook

Microstrategy

https://www.microstrategy.com/en/bitcoin

Square, White Paper on how corporate Treasuries can buy Bitcoin.

https://twitter.com/jack/status/1314239421504393221

Square, Bitcoin purchases showing Retail Growth from Cash App: https://twitter.com/search?q=square%20bitcoin&src=typed_query

Central Bank Digital Currencies

https://doubleline.com/dl/wp-content/uploads/The-Pandoras-Box-of-CB-Digital-Currencies-October-2020.pdf