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From the 1st of August to the 5th of August, the #nasdaq dropped 11.96%.
On one of @Samson Mow podcasts, the host asked where the money will come from to send #Bitcoin to $1 million.
If the money that sold between the 1st of Aug to 5th of Aug on the Nasdaq made it's way to Bitcoin, Bitcoin would be sitting at $209,000 US per coin.
Now imagine the #newyork stock exchange, the Japanese, The Chinese, the FTSE. If they all followed suit, there is your $1million per coin if we consider stock market consideration.
Guess what, the real estate market is 3x larger than the global stock markets.
1% from stocks, 1% from real estate, 1% from bonds, 1% from pension funds, 1% from oil, gold, silver, copper, nickel, natural gas, iron ore, as a whole, and we are sitting well above $1million per Bitcoin.
#ausriches #ausrich
From the 1st of August to the 5th of August, the #nasdaq dropped 11.96%.
On one of @Samson Mow podcasts, the host asked where the money will come from to send #Bitcoin to $1 million.
If the money that sold between the 1st of Aug to 5th of Aug on the Nasdaq made it's way to Bitcoin, Bitcoin would be sitting at $209,000 US per coin.
Now imagine the #newyork stock exchange, the Japanese, The Chinese, the FTSE. If they all followed suit, there is your $1million per coin if we consider stock market consideration.
Guess what, the real estate market is 3x larger than the global stock markets.
1% from stocks, 1% from real estate, 1% from bonds, 1% from pension funds, 1% from oil, gold, silver, copper, nickel, natural gas, iron ore, as a whole, and we are sitting well above $1million per Bitcoin.
#ausriches #ausrich
Did you know Bitcoin has recovered from dropping 80%+ on 4 occasions, only to fully recover and create new all-time highs? 🌟
In just a 15-year timeframe, #Bitcoin has faced rigorous tests against global #banks and governments, proving its resilience and strength.
No other asset would have survived such #challenges and emerged stronger every time.
Bitcoin did.
We double down on weekly dollar cost averaging anywhere below the 100% extension zone.
Value and extreme value are market psychology extensions.
$45,000 US is the price at which #Bitcoin ETFs commences trading.
The US money disaster.
If you live in the US, they are robbing you approximately 23% per annum since the GFC in money printing inflation.
US tends to expand their M1 by 4x every decade, and far more aggressive during pandemics and dodging recessions.
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National Debt, GDP, & M1 Money Supply of the four global power houses, US, China, Russia, & Japan.
#Bitcoin or #Stocks ?
Stocks are run by managers who change.
Stocks can be diluted when the company wishes to raise more funds.
Stocks lose contracts.
CEOs and Directors sell their own stock when the price is high.
Stock financial balancesheets can be manipulated.
Buying a company on a particular market means your money is in that market. It can't be moved to another market unless sold.
Bitcoin has a fixed supply = 0 dilution.
Bitcoin has no CEO or managers.
Bitcoin is open source.
Bitcoin is decentralized.
Bitcoin is global and boarderless.
3 Days until the #bitcoinpizzaday stream.
Bitcoin's supply out standing to hit 99% by the next halving.
Here is the breakdown of the supply schedule.
#austriches #ausrich #proofofwork #bitcoin