I was listening to Anthony Pompliano's podcast with Greg Foss about how will be the next Global Reserve currency. It was fascinating.
Greg believes that the petro-dollar will die as states like Russian move off the dollar. The petro-bitcoin, (petro-bit? bitcoin-petro?), will become the go to solution. When this happens, he believes bitcoin will hit $2,000,000 per coin. But this is not just some religion, he uses some math and analysis to back it up.
"Bitcoin is the best asymmetric trade Greg has ever seen in his 32 years of trading."
Let me see if I can describe the math here. In the podcast linked below, start at the 18:45 mark.
Total Global Financial Assets today = $900 Trillion
Percent of Global Financial Assets captured by Bitcoin = 5%
Global Bitcoin Valuation = $45 Trillion
Max Bitcoin Ever = 21 Million
Value of one Bitcoin = $2,143,000
In 10 years, Petro-Bitcoin will be invented and we will see over $2,000,000 per coin.
https://podcasts.apple.com/us/podcast/the-pomp-podcast/id1434060078?i=1000529682655
I've had this question for a long time. I know the USA is printing money like crazy. But also, countries around the world are doing the same thing with their currencies. So isn't it a wash? Why does it matter?
Preston Pysh answered this for me:
https://threadreaderapp.com/thread/1470792736626331659.html
As the fog of war billows, we see truths and carnage that make little logical sense. This is not a story by Stan Lee. There are evil men on both sides. There are innocents on both sides.
The puppet masters have what they want. You’re afraid. You’re angry. You hate. And eventually you’ll suffer. They will reap the reward of your enslavement.
It doesn’t have to be this way. Remove yourself from the machine. Take back your life. Make no mistake, though. It won’t be easy. They need you fat, dumb, and happy. They will do whatever it takes to stop you.
Start slow and covertly. Unsubscribe from the media and tech they use to control your emotions. Verify their claims on reality. Assume the narrative is false until proven true. Unplug.
Find your community. Build trust in the service of others. Act locally.
Remove the yolk of fiat. This above all else. The masters main tool to control you is the bit and bridal of a corrupt money. Money that only they control. ...
