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Bitcoin
Don’t Be Surprised When Price Begins Increasing With Lightning Speed
Microstrategy paved the way. Michael Saylor kicked the hornet’s nest, and the swarm is headed towards us.
Institutions are drawn to Bitcoin, recognizing that banks are an unsteady place to store their cash.
Bitcoin is projected to become a highly institutionalized safe haven asset reaching a $1 million price point this decade.
Buckle up, as this will be the ride of a lifetime. The greatest wealth transfer the world has ever seen is about to start.
Coingecko lists 23 institutions that hold Bitcoin in their reserves.
Tesla has declared it still holds approximately $200 million in Bitcoin. The exact number was not announced but it has to be around 7000 BTC.
Musk’s Tesla was a top buyer of Bitcoin in 2021 and just the news of Tesla buying Bitcoin pushed the price another 300% in 2021.
Everyone made mistakes in 2021 with public relations. Since the $67,000 ATH, probably have to focus less on certain people that damage Bitcoin’s credibility.
To succeed, Bitcoin will need a few better people and reduce our attention to toxic individuals that did well in 2015 and 2017 to make Bitcoin popular, but they are now only damaging our chances. If you are reading this, you know well who these people are, we don’t have to name them. Toxicity is not going to attract mainstream finance that we want to engage with and have them acknowledge Bitcoin.
Michael Saylor is doing it all right. We need more businesses to get finance into Bitcoin.
$300 trillion is ready to enter Bitcoin.
Don’t screw this up elevating toxic elements or extreme political beliefs. The mainstream needs less extremism, so be careful out there. We don’t need to be woke, we don’t need maga either. Take that out, and I promise you the money will not stop pouring into Bitcoin.
You can vote for Trump or Biden, but nobody in finance cares.
Finance cares for finance.
Finance will care if Bitcoin becomes political. And it will destroy it at the same moment. Learn this lesson well, because it can be a problem later. We have to convince a market worth several quadrillions of dollars that Bitcoin can be a safe haven, a settlement layer, and the next reserve currency.
Bitcoin is apolitical, do the same if you want Bitcoin to enter the new cycle of institutionalized adoption.
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