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This video is NOT investment advice!
In this video, I discuss when to take profits on Bitcoin in the context of the coming hyperbitcoinization, where there is a mad rush out of fiat currencies and into Bitcoin.
I believe that we are rapidly approaching this tipping point. The transition may be violent, but on the other side is freedom from government confiscation through inflation, and from the malinvestment caused by central bank manipulation of interest rates and the money supply.
This will usher in a new golden age of efficient capital allocation, productivity, and creativity. As the world’s wealth continues to rapidly appreciate, so too will the price of Bitcoin.
The ultimate value of one Bitcoin is everything in the world divided by 21 million.
Not investment advice! Consult a financial advisor.
Everything there is, divided by 21 million:
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