TSLA vs. BTC Most people once thought Tesla was unstoppable - a monopoly that would dominate forever. But once everyone knows that, the 10x or 100x upside disappears because all the capital has already flowed in. There are a few problems with investing in Tesla today. First, everyone already knows it’s a great, essential company, so the market has priced that in - it’s not undervalued anymore. Second, when you become that big, you become a political and regulatory target. Whether it’s pressure to unionize, new taxes, regulations, tariffs, or even censorship, big companies eventually attract attacks from all sides. Third, Tesla is still a company - and companies have limits. A company’s value is tied to its capital structure and cash flows. If the stock doubles, the cash flow expectations have to double. To grow 10x, cash generation must grow 10x too - and in an inflationary world, where fiat currency loses value every year, that becomes even harder. Inflation erodes the real value of those future cash flows, making companies fragile as stores of value. Add to that the political pressure to return capital through buybacks and dividends, and you’ve got a model that’s stretched thin. If you’re investing in dollar-denominated assets, you’re effectively betting on cash flows discounted in a currency that’s inflating 10% a year. To just stay even, the business has to grow faster than that. And on top of that, companies are vulnerable to political risks, tariffs, and regulation - it’s a fragile setup. Why BITCOIN ? Bitcoin, on the other hand, is different. It is misunderstood, inevitable, unstoppable. But it’s even better because it isn’t just a company - it’s an asset class. Bitcoin’s core use case is being a store of value for civilization itself. There’s no reason it can’t replace gold ($27 trillion), or even start to absorb real estate and other store-of-value assets worth hundreds of trillions globally. The more valuable Bitcoin becomes, the more useful it becomes. If Tesla stock rises 100x, its cash flows need to rise 100x. But if Bitcoin rises 100x, it simply means more people are recognizing its value as a store of energy - it doesn’t have to “perform” quarter by quarter. Critics say Bitcoin has no cash flows - but that’s not a flaw, that’s the feature. It means it will never miss a quarterly earnings report. It’s not producing cash flows, it’s absorbing them. Bitcoin represents the digital transformation of capital itself - not just digital information, but digital energy. And I think we’re in the initial phase of the 30-year cycle where Bitcoin will drive this transformation, redefining what money, property, and energy mean in the digital age.