The Euro is at 20 year lows.
The Yen is at 24 year lows.
The Pound is at 37 year lows.
We are seeing the collapse of ponzi currencies into hard currencies. First all fiats collapse into USD, then the USD into Bitcoin.
Many Bitcoin miners are now turning their rigs off.
Bitcoin's electrical cost has just been breached for the 2nd time only in 5 years. The electrical bill for the average miner is now greater than the income earnt.
QUANTUM COMPUTING
The next big tech frontier, awaiting it's "AI moment".
This is the industry I am most bullish on today.
Imagine buying Bitcoin at $500.
It's a Bitcoin miner bloodbath.
Most aggressive miner selling in almost 7 years now.
Up 400% in just 3 weeks!
If price doesn't go up soon, we are going to see a lot of Bitcoin miners out of business.
The level of Quantum Computing skepticism today reminds me of the average person who spends 10 minutes researching Bitcoin and then dismissing it as valueless.
Quantum Computing is real. It will change the world. MASSIVELY.
QC will break Bitcoin if we do not upgrade it. The
My latest talk, on the threat of quantum computing advancements to Bitcoin, is now available.
Key takeaway: one way or another, whether we do something or do nothing, inviolable properties of Bitcoin will eventually be violated.
youtube.com/watch?v=MTUzpR…
Germany is unloading another $1/2B clip of Bitcoin.
In a few years, this will be looked back on as one of the biggest geopolitical blunders of all time. It will be studied in universities.
This is historically the optimal time to allocate to Bitcoin. All prior Bitcoin cycles had bottomed by this point in the halving cycle. We have less than 100 days until all the other cycles went vertical. I am getting very excited. Not investment advice.