Boomers and Gen X got access to cheap property, but back then, information was expensive - especially transferring and organizing it. For Millennials and Gen Z, it’s flipped. Property is insanely expensive, but information is basically free. With that cheap information, younger generations can organize, collaborate, and build new kinds of property. That’s going to make it harder for Boomers, Gen X & institutions to hold onto their edge - and in 30 years, they’ll be gone anyway. So this is really the moment for Millennials and Gen Z to seize the opportunity. And whenever someone says they don’t believe in crypto or Bitcoin, I just ask them: what do you believe in?

Best strategy: buy Bitcoin, hold, ignore noise, and wait for long-term gains.

Personalized education and personalized entertainment is the future.

The entire world is constructed to convince you to sell your Bitcoin. Do not sell your Bitcoin! Everything else is inferior. You only sell your Bitcoin when you need it to conserve your life and the lives of those you love. Every time you sold Bitcoin, you gave up the best-performing asset in the world. Diversification is selling the winner to buy the losers.

The one thing I’ve realized is you can’t predict who’s going to “get it.” This is a financial revolution, and adoption doesn’t happen all at once - it moves from 1% to 2%, then 4%, 8%, 16%, and keeps compounding. By then, Bitcoin won’t be a $2 trillion asset class anymore, it’ll be $100 trillion. By the time a financial advisor finally tells you it’s safe to buy, it’ll already be $1 million per Bitcoin. And when they say it’s a great idea, it’ll be $10 million. In the end, everyone gets Bitcoin at the price they deserve.

Apple was successful with the iPhone, and every other company in that space lost money trying to compete. One winner, 20,000 losers. Same with Amazon wiping out retailers, Facebook killing off newspapers and journalists, Google taking over ads, Microsoft in enterprise software. It teaches you that the world is brutally competitive - 99.9% of the time, you lose unless you find the right thing. When you do find the right thing, it’s like discovering a safe place to live. If you grew up in safety, you don’t appreciate it. But if you grew up somewhere unsafe, you’ll risk everything to get to that safe place. That’s what builds conviction. People without conviction usually either lack experience or haven’t faced desperation. The world is hyper-competitive, with countless wrong paths and usually only one right path. And once you find the right path, double down on it because it’s exponentially more efficient than all the alternatives. Study Bitcoin. Build Conviction. Double down.

I think the big challenge for people with Bitcoin is that most people don’t even realize they have a problem, so they don’t see it as the solution. They’re comfortable, maybe a bit ignorant of the problems, and just drifting along quietly. The ones who really get it are usually people who’ve been jolted out of that comfort zone - and what causes that jolt is different for everyone, depending on where they are and what they’re facing.

The reason Bitcoin works is because it’s this massive, parallel, shared-nothing network. You’ve got hundreds of millions of people, all thinking for themselves in their own local circumstances, without needing permission from anyone. Another reason Bitcoin works is because people you don’t know, solving problems you don’t have, in places you’ve never been to settles upon Bitcoin as a solution. And that choice, multiplied across the world, ends up raising the value of the Bitcoin you already hold.

The people who embrace Bitcoin first are often those who felt blocked by the conventional system, felt hopeless, or were staring at some kind of crisis. That’s why twenty-somethings and thirty-somethings tend to get it first.

Bitcoin’s volatility often comes from upside, unlike equities where volatility is tied to downside. In other words, Bitcoin could fall if markets drop, but because there will only ever be 21 million coins, it is likely to bounce back even harder over time.

Bitcoin’s scarcity, difficulty adjustment, and proof-of-work are key strengths.

Bitcoin forces people to confront their own ego.

Bitcoin is the best frictionless way to express how you feel about debased currency.

Permissionless tech empowers people by removing needs to ask companies for access to money or speech.

Public companies act as "super spreaders" of Bitcoin, raising unlimited funds and amplifying adoption like virus.

If Bitcoin doesn’t win, everybody loses. Hardly anyone really gets that.

Just throwing this out into the ether — fate loves irony. People are saying in the 2024 elections that Bitcoin and crypto advocates helped flip things in Trump’s favor. But in the next election, it could just as easily swing the other way. If a large number of people feel like they were left out of the biggest crypto gains, they might end up flipping the election against the right in the US.

Bitcoin is homogeneous. Real Estate & Equities are heterogeneous. Once you see it, you can’t unsee it.

Most of the world still doesn’t get Bitcoin, and that’s actually a good thing. The way you make 10x or 100x is by understanding something that 95% of people don’t agree with yet. By the time everyone agrees, it’s no longer a great investment. It’s just mainstream. To make outsized gains, you need to be right, but also early enough that most people still think you’re wrong.