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Bitcoin

They should buy only Bitcoin. It would be one of the greatest things to ever happen to the country. It would change Trump’s legacy. He would go from a bottom dweller President’s to one of the best. It’s that important.
Standard Chartered forecasts that Bitcoin could hit $100,000 by the time of the election
 
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@BradStevens we humans finally came up with a solution to the last legalized form of slavery. You're socialist dreams will come true, but they'll be accomplish through sound money and actual free markets. The future is bright, buddy. I hope you're currently wearing a flatbill at church potluck dinner.
 
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@stollcpa I meant to post this the other day when I responded to you, but was busy and couldn’t find the talk. It’s from several years ago, but it explains Bitcoin really well and one of my favorites. Take an hour and watch it if you want to learn more about Bitcoin.
 
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@stollcpa I meant to post this the other day when I responded to you, but was busy and couldn’t find the talk. It’s from several years ago, but it explains Bitcoin really well and one of my favorites. Take an hour and watch it if you want to learn more about Bitcoin.
Thank you! I’ve saved info on the book and this youtube video.
 
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A great quote I read today, “Abundance in money leads to scarcity everywhere else. Scarcity in money leads to abundance everywhere else”.
 
Don't mess up my Bitcoin thread. Start your own shiny rock thread😉
Actually friendy, the metals have appreciated about 45% since my budgeted purchases in Q2 of '23.

I seem to recall advising this little group to get on board.

But that's OK.

More for me.

And I can actually touch it.

I might buy another Corvette...
 
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Actually friendy, the metals have appreciated about 45% since my budgeted purchases in Q2 of '23.

I seem to recall advising this little group to get on board.

But that's OK.

More for me.

And I can actually touch it.

I might buy another Corvette...
You're welcome to your smaller returns and ability to hold it. I'll stick with my larger gains and ability to transact anywhere, at anytime. Oh and I can walk my happy ass but naked through an airport carrying all the Bitcoin I want. Good luck trying that with gold;)
 
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You're welcome to your smaller returns and ability to hold it. I'll stick with my larger gains and ability to transact anywhere, at anytime. Oh and I can walk my happy ass but naked through an airport carrying all the Bitcoin I want. Good luck trying that with gold;)
Next time I have the need to walk naked through an airport, I'll remember that. Until that time I'll continue to be satisfied with my 35-40% return..
 
I think you need to go to your wife and say "honey, remember when you got mad at me for buying more bitcoin? Well look at this.

No, no, I don't need to hear I was right. Instead, I bought a little outfit for you tonight. Oh, and wear these glasses. "
I've been talking sh#t all day🤣 I'll give my wife credit, she is ok with most of my Bitcoin related insaneness. She would prefer a little less allocation to it, which I always reply, I didn't take out a 2nd mortgage on the house.
 
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I've been talking sh#t all day🤣 I'll give my wife credit, she is ok with most of my Bitcoin related insaneness. She would prefer a little less allocation to it, which I always reply, I didn't take out a 2nd mortgage on the house.
I thought your last sentence was going to conclude with “I didn’t take out a 2nd mortgage on the house for nothing.
 
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Next time I have the need to walk naked through an airport, I'll remember that. Until that time I'll continue to be satisfied with my 35-40% return..
There isn’t a rule against investing in both gold and digital gold. It’s crazy to have no exposure to crypto, imo. And you’d still be “early” on crypto.
 
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This is a brilliant explanation by Saylor.

That's some extreme financial engineering. Which works great until the music stops. It's nothing but a leveraged BTC apparatus. Like buying a 4x QQQ ETF. He's issuing so much debt and equity if there is a BTC crash like has happened every few years that equity value might go to $0
 
That's some extreme financial engineering. Which works great until the music stops. It's nothing but a leveraged BTC apparatus. Like buying a 4x QQQ ETF. He's issuing so much debt and equity if there is a BTC crash like has happened every few years that equity value might go to $0
Of course they have to manage the risk correctly. They were fine during the 21-22 drawdown. The bear markets will also get less severe over time as Bitcoin continues to mature.
 
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