The ‘Old Money’ Still Doesn’t Get Why We Need Bitcoin
Earlier this week, Charlie Munger let loose on crypto once more when asked if he had ‘missed something’ by ignoring crypto markets.
The idea of bitcoin might be completely foreign to you. But if you’re here then you’ve probably at least heard about it.
You might have heard about the incredible price gains it’s seen over the last seven years. You probably now know that bitcoin is worth double the price of physical gold (at the time of writing).
And now you’ve probably come to the realisation that bitcoin is something you must know more about. Good. You’re in the right place.
Here we’ll be able to help you understand about bitcoin, learn how to invest in bitcoin, learn how to buy and sell bitcoin. And importantly, learn what the price of bitcoin is going to do, and how can you get a slice of the action.
You might also be a seasoned pro when it comes to bitcoin. And that’s great too. You see, we’ll be able to help all levels of knowledge learn more about bitcoin — but also the thriving, burgeoning world of cryptocurrencies.
Cryptocurrencies? That too might be a new term for you. But again, don’t fear. It’s something we’ve been involved in since 2013. In fact, we don’t know of any other financial analysts who have been covering, researching, investigating, investing in and understanding everything there is to know about bitcoin and cryptocurrencies from the early days.
We’ll try to keep it all as simple as we can, but some parts might get a little challenging. We encourage you to stick with it, and do your best to immerse yourself in the world of bitcoin and cryptocurrency.
What we should also probably do right now is also let you know that we think bitcoin and cryptocurrency are in the earliest stages of changing the entire global banking and finance system.
We think they will be around for hundreds, maybe thousands of years to come. And right now you have a once-in-a-lifetime opportunity to use these new financial instruments to build wealth for now, tomorrow and generations to come.
Bitcoin and cryptocurrency are perhaps the single most exciting, explosive, fascinating and dangerous new financial opportunity the world has ever seen.
It’s the ultimate anti-establishment system. It’s revolutionary technology, which has the potential to completely change how we think about and manage our finances in the 21st century and beyond.
Thanks to the political environment and the ineffectiveness of government and central banks, the time is now perfect to see the world of bitcoin and cryptocurrency flourish.
And that’s exactly what it’s doing.
We will also highlight the fact that this new, gigantic opportunity also carries incredible risk. It’s not regulated. There’s no central intervention. There are no rules. It is the true Wild West.
The fiat price of bitcoin and cryptocurrencies are volatile. But as we’ve said since we first started covering bitcoin in 2013, the long term goal is that, once you buy bitcoin, you’ll never convert it back to fiat currency again.
And while you might be able to buy a fancy TV with one bitcoin today, in the near future we think you might easily be able to use one to buy a car…or maybe even a house.
Bitcoin and cryptocurrency are possibly the biggest wealth creation opportunity the world has ever seen. It gives every man and woman a chance to make a fortune.
While the potential and opportunity are enormous, there is also incredible risk.

Earlier this week, Charlie Munger let loose on crypto once more when asked if he had ‘missed something’ by ignoring crypto markets.

What you’re looking at is a graph of the price of bitcoin overlayed with markers for ‘bitcoin deaths’. Basically, they just plot a point every time some article or opinion says bitcoin is going kaput.

“Bitcoin mining is being banned in countries across the globe — and threatening the future of crypto”

It’s time to plan our China exit or at least plan for the possibility. In my opinion, we need to move our industries up the value chain.
By Ryan Dinse,

We’ve been conditioned in recent decades to think over time markets only go up. The conventional thinking goes, ‘Sure, there’ll be volatility in the short term, but over the long haul, markets always go up.’
By Ryan Dinse,

Never before have central bankers looked so lost and so out of their depth. Which is why now, as inflation is starting to rear its ugly head, markets are looking to take back control of money.
Investment ideas from the edge of the bell curve.
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