Stimulus talks, Brexit and bitcoin to dominate week ahead for markets - As more stimulus money is printed (they can't stop) it will only further devalue fiat currencies worldwide. As living conditions worsen & a full scale depression becomes more and more apparent to the average person, faith will only decrease in government money. As Bitcoin continues to rise, it will be like a black-hole - sucking more & more value from the global financial system.
It's a backwards psychology in my mind, however most people love to buy assets that are increasing in value. A seasoned investor who understands market cycles will always hunt valuable buys when no one is interested - hence why billionaires are currently buying BTC. Buy the fear, sell the greed. In Bitcoin however, I highly advise against trading. You cannot pick it's extreme highs & lows - it's not company-stock with a revenue model. it's a zero sum bet on the financial system. It's all about the long-term stack. 21 million coins - acquire the largest share of the supply you can, before the majority catches onto it's insane value proposition. When you truly see the value of Bitcoin, you'll come to realization that you never have to sell. Selling means you buy back into a dying system. Selling means you possibly lose your percentage of the overall supply.
Although it is regularly censored, Twitter is currently a massive platform to market Bitcoin. As we enter an historic bull-run, expect #Bitcoin to become regularly trending. When the narrative on social media becomes as simple as; "All you need to do is buy bitcoin to avoid losing your savings", how quickly do you think word is going to spread? Personally I think the jump could be extremely catastrophic for fiat money. They will blame Bitcoin for it's crash. To the average person, Bitcoin will be hailed a hero. Bitcoin is a blessing in disguise, to an issue most cannot foresee yet. Yes it's volatile in the short-term, but fiat currencies continuing to lose value is inevitable. Saving your wealth in Bitcoin is smart because there's a fixed amount that cannot be inflated away from you. It is savings technology for the individual.
The biggest issue Bitcoin faces in the short-term will affect the individual; governments are beginning to create laws world-wide to prevent their citizens from having custody & privacy of their coins. Personally, I think this is disgustingly oppressive. It completely undermines the technology, like everything else they're trying to do. Also, I think this is a dumb move for governments; it will only place a price premium on peer-to-peer trades & non-KYC exchanges; disadvantaging citizens who have not yet bought in. It will cause citizens to either move away from their current jurisdiction or rebel against it. They best thing they could do in my opinion: allow it thrive regulation-free, because in reality in cannot be regulated. This will allow more money to flow into the country, allowing people to prosper. These regulations are merely a productivity killer, stifling innovation & growth of individual capital. Especially in the younger generation, who have not yet accumulated much wealth. The millennials see the injustice, hence why we're fighting for Bitcoin. At this point it's glaringly obvious, the 1% just want to hoard even more wealth & power.
As they mention in The Sovereign Individual; The Information Age - AI & microprocessors will end the current political system. They will only continue to lose more power to technology - makes the world of sense to me. In the end, their revenue models will collapse. This technology cannot be stopped. It's just going to be a rough transition no doubt, they are going to fight to keep their power. My biggest advice: as soon as you buy your Bitcoin - take full custody of it. Get a hardware wallet/node; CoinJoin/Lightning all your transactions. Thank me later. They're about to get nasty. They keep saying they want to embrace this technology - that is a lie. They want to control Bitcoin like they control fiat & continue the scam. Bitcoin exists to take down the biggest scam in the history of money. Very few see or understand it unfortunately. Think of it like this; Bitcoin is electronic-cash. They're destroying cash to more easily audit & control (well before COVID). Secretly, Bitcoin is a threat to them - all these over-bearing & encroaching regulations are proof - this is just the beginning of their game plan.
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