Hey good morning everyone, apologies for the lack of consistency with my newsletter. I was building a room in my house to create content in and finished this week. Back to the grind. The great Anthony Callisto will be helping with the YouTube channel that should’ve been out by now but will be out very soon.
Hyperbitcoinization? I believe we may be entering this stage and damn it feels good. To everyone who has been in this space for a while awaiting moment like this, pat yourself on the back. To my followers, I’ve been predicting a scenario where mass adoption by fortune 500 companies, governments, and central banks. The biggest domino to fall into place was Elon Musk and Tesla adding Bitcoin to its corporate balance sheet. To me, this was the shot heard around the world. The fact is not that Elon Musk purchased Bitcoin for his personal gains, he could have done that privately and continued to troll about dogecoin but he purchased Bitcoin with extra cash Tesla has laying around in the balance sheet.
Tesla buying this confirms the debasement of the dollar, or in easier words the dollar is losing purchasing power. Sure you can keep 100$ in your bank account and next year it will still say 100$ but what you’re actually able to buy with that 100$ is debased down towards 85$. This is only after a year, if you continue to hold your savings as cash you will lose more and more, the richest are seeing this and fleeing to find investible assets that hedge inflation.
I’m speculating now but sometimes its fun to speculate, I believe by the end of the quarter or by the end of next week even, apple announces a similar move. I believe apple is in position to take over the entire Cryptocurrency marketplace, an apple exchange would bring in 40b a year in additional revenue. Financial Technology or FinTech wasn’t something apple has been big in until Apple Pay rolled around, implementing a secure wallet while also allowing buying selling and sending cryptocurrencies seems inevitable.
I’ve been eyeing that the largest players in the crypto space are fleeing from Cali and going to Florida, specifically Miami. My eyes have been on the infrastructure of Miami and how this is playing out, and it’s incredible. The Mayor of Miami Francis Suarez spoke yesterday bringing the ideas to the board for paying taxes in bitcoin, allowing workers to be paid in bitcoin, and putting bitcoin on the balance sheet. This would spark the first city to buy Bitcoin within the United States. I believe this trend will continue city by city as Andrew Yang tweeted last night if he wins Mayor of NY he will make NYC the crypto hub of the United States.
Gold is Analog
Bitcoin is Digital
Bitcoin is better at being gold than gold is. Anything digital out performs analog, gold is 10x the market cap of Bitcoin. Bitcoin is 10x the technology of Gold, 100x from here. I’ll meet you guys on mars.
Pot stocks were on a surge yesterday, Congrats to everyone holding that asset and predicting with democrats in office the spark in Pot Stocks would surge. I see a pull back is happening but like anything, corrections happen. Nothing is parabolic.
