In this video, I focus on what’s actually occurring with Bitcoin.
Unlike 2019, Bitcoin will not be in a retail-driven bubble. Rather, Bitcoin is now beneath regular accumulation by millionaires, billionaires, firms, and monetary establishments.
These Bitcoin are being completely taken out of circulation, in accordance with Gresham’s Law. Most millionaires and billionaires won’t ever promote this Bitcoin; fairly they might borrow in opposition to it, which is a extra tax-efficient technique that retains the Bitcoin within the household eternally.
Not funding recommendation! Consult a monetary advisor.
Why Bitcoin doesn’t seem like tulips:
US Eagle cash:
Bitcoin now owned by firms:
How a lot Bitcoin Michael Saylor personally owns:
Mexican billionaire strikes 10% of liquid web value into Bitcoin:
How Elon Musk borrows in opposition to his Tesla inventory:
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I’m not being paid or in any other case compensated by any firm or cryptocurrency venture that I point out in my movies.
My opinion will not be on the market. Please don’t contact me with any affiliate or promoting offers.
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