In November 2015, 64,000 Nigerian Naira bought 1 #Bitcoin
Today, the price of 1 Bitcoin is 75,000,000 Naira
Today, 65,000 USD buys one Bitcoin
Can 1 Bitcoin be worth 75,000,000 USD in January 2033?
I know people will say that the Naira is not comparable to the US Dollar
But every fiat currency is worthless
The value is based on belief and the people issuing it can create more at will
Why would you trade your finite time for something that can be created with a press of a button?
Nobody has a clue how many dollars will exist by 2033
We don't know how much debt the US government will be in
We don't know if the Federal Reserve will still be a thing
We don't know how many governments may start printing dollars to buy Bitcoin
By 2033, ~98% of the supply of Bitcoin will have been mined and at that point, most of the world will have adopted Bitcoin
Let's see what happens...
In 2033, we will be in the 7th cycle and only 0.78125 new BTC will be produced every 10 minutes - 25% of the newly issued supply today

All fiat currencies will eventually be worthless
Today, you can buy 153,800 Satoshis (0.001538 #Bitcoin) with 100 USD
In a few decades, you'll be able to buy $100 bills from gift shops for 500 satoshis 🤣🤣

All fiat currencies will eventually be worthless
Today, you can buy 153,800 Satoshis (0.001538 #Bitcoin) with 100 USD
In a few decades, you'll be able to buy $100 bills from gift shops for 500 satoshis 🤣🤣
Housing prices will continue to drop in terms of #Bitcoin forever as people figure out that Bitcoin is a better store of value than real estate
A house will cost 0.1 Bitcoin or less
It's not about IF, but WHEN
I first started paying attention to #Bitcoin in 2020 (before the third halving)
My friend told me to buy some because the price was below $4,000, and very low when considering the previous peak
I thought I was smart, so I'll just wait until it drops to $3,000 or $2,500 so I can buy more
The price never dropped below $4,000 again
If you think you're smart and you're trying to time the market, DON'T
Just buy what you can and set it aside while you continue to accumulate more over time
Maybe 6 months from now Bitcoin will be at $40,000 and you will have the opportunity to buy ~60% more
But what happens if Bitcoin's price goes above $70,000 and NEVER comes to the $60,000 level again?
Remember:
You can buy fractional units of bitcoin
You don't have to have whole coins
In 20 years, when Bitcoin is worth significantly more than it is today, your fractional units might be worth enough to pay off your mortgage or buy you a new car
Focus on the fundamentals of the asset:
There will NEVER be more than 21 million Bitcoin
There will ALWAYS be more fiat currencies printed
Maybe the price goes slightly lower in the short term
But you should be protecting yourself against the price going MUCH higher in the long term while you have no exposure
My biggest mistake was thinking that I was smarter than the market
Don't do what I did in the past
Now that I understand Bitcoin at a much deeper level, I have figured out that buying at any price is a good decision if you have a long enough time horizon!
In 30 years, #Bitcoin will be a part of everyone's life. Even if you can't visualize this yet, put in the time to study it.
If you're a beginner, here are some topics you can start learning about:
(BOOKMARK THIS POST - refer back to it later!)
- Why gold was money for thousands of years
- Central banking
- Fractional reserve banking
- Executive Order 6102
- The Nixon Shock
- What is fiat currency
- Money creation in the legacy financial system
- Bitcoin supply and demand
- Decentralization
After you put in the time, it becomes obvious that decentralized uncorruptible money is where the world is going.
Regular everyday people don't want to be scammed by their bank and the only way to do so is to eliminate the bank from our finances.
Bitcoin does that for you by allowing you to store your wealth in your own possession instead of trusting banks to hold it for you.
99.9% of people have not studied #Bitcoin
The majority either ignores the topic or thinks it's a scam
Make sure this is not your reality
Be a part of the 0.1%
STUDY BITCOIN
Why do people still listen to big banks like JPMorgan when making financial decisions like whether they should buy #Bitcoin ?
Did Blockbuster tell its customers to use Netflix?
Banks profit from our mistakes
They benefit when we make the wrong financial decisions, like locking up our future to borrow hundreds of thousands of dollars
Do you think they want us to own Bitcoin?
Bitcoin gives us the ability to spend our money WITHOUT relying on banks
On a Bitcoin standard, consumer loans will not exist the way they do today
Do you think banks will be able to offer a Bitcoin credit card?
No way - it'll be way too risky for them
Of course banks will tell you Bitcoin is going down...
They want you to continue relying on dollars, and bank accounts, and debt that they profit from
When retail investors panic sell Bitcoin, banks swoop in and buy whatever they can
They hope the financial system continues to operate the way it is right now for decades to come
Bitcoin is a bank CEO's biggest fear

Someone paid $700,000 to have their $0.97 transaction included in block 840,000
This is wild 🤯🤯

If the cost to produce a home falls, and we see the supply of homes rise...
What will happen to housing prices?
Is it smart to take on debt to buy as much housing as you can get?
Seems like a gamble to me
#Bitcoin fixes this
When you own Bitcoin you don't need to worry about anything else
Bitcoin is programmed to become more valuable every 4 years on its own
You just need to be able to hold on as long as possible

People are paying millions of dollars to use the #Bitcoin network
And at this point, 99% of the world thinks Bitcoin is a scam
Is Bitcoin's security budget still a problem?

There is no limit to how many dollars can be produced
There will only ever be 21 million #Bitcoin
Help me do the math:
What's infinity divided by 21 million?
If the price of gold goes up, miners can just dig deeper to get more of it and dump it on the market.
If the price of #bitcoin goes up, nobody can do anything to increase the supply.
In fact... in about one hour, we're going to see the new supply of Bitcoin being cut in half pretty much instantaneously when block 840,000 is mined...
Even though demand is starting to pick up (Bitcoin ETFs have bought OVER 200,000 Bitcoin or 1% of the supply in the last 3 months)
Nobody will be able to do anything to increase the supply in the future.
There will NEVER be more than 21,000,000 Bitcoin.
No government intervention can change the protocol.
No billionaire can pay to increase the supply.
Not even someone with a trillion dollars can change the software that tens of thousands of computers around the world are running.
Bitcoin is perfectly designed to be the world reserve currency because it can't be corrupted.
Bitcoin's price will rise until everyone on earth has some, including the people who say it's going to zero.
At that point, Bitcoin won't have a price, because 1 Bitcoin will always be 1 out of the 21,000,000 that exist.
Bitcoin will be used to price everything else on earth, including your time.
How can #Bitcoin be a bubble when 99% of the people who can benefit from it don't even own it yet?
Any value associated with fiat currencies is speculative
Fiat currencies are the easiest good to create
Dollars can be created with a click of a button
After today's halving, #Bitcoin will become the hardest (difficult to produce) asset in the world
Why would anyone accumulate dollars if they can instead accumulate Bitcoin?
When nobody wants to hold dollars...
Where does their value come from?
This is how hyperinflation happens
When nobody wants dollars, the goal is to get rid of what you have ASAP
This has happened countless times to government currencies in the past
Within the next few years/decades, $1 will be worth less than the paper it's printed on
Take your Bitcoin off exchanges
But DON'T keep a digital copy of your seed phrase on a device that connects to the internet
If you need help taking your Bitcoin off exchanges, book a free first appointment with The Bitcoin Adviser. They'll guide you through the process:

If #Bitcoin is a Ponzi scheme because "profits come from other investors"
Gold, silver, paintings, houses, stocks, businesses, etc are also Ponzi schemes
See how stupid that sounds?
Someone told me I got lucky when I "bet on #Bitcoin " at $16K after FTX collapsed...
And to sell before the halving because Bitcoin's going to collapse 🤦🏽
Most people are going to be so angry whenever we see $100K
They will still be on the sidelines waiting for a crash
We are ~1 day from the next #Bitcoin halving and some people are selling their holdings...
So many people have told me they want to buy after the halving. If you are doing this you are gambling.
The halving is when the newly issued supply of Bitcoin is cut in half. Blackrock and Fidelity ALSO only recently started offering Bitcoin ETFs...
You don't need to be an economist to figure out where Bitcoin's price goes from here.
Think long-term.
In my previous order flow analysis, I accurately forecasted a long position at $60,900, which has subsequently contributed to a more than 5% increase in Bitcoin's price. We have re-entered this particular price range and successfully breached the Point of Control (POC). Should $BTC sustain its position above the POC, there is a strong potential for it to ascend towards $71,000, reaching the upper threshold of this range. #Bitcoin
