Software developer and investor.
Bitcoin is the greatest brand of all.
#BITCOIN price drivers:
1. Inflation
2. Adoption
3. Utilities - L2, 3, 4, 5 applications
4. Oceans of institutions & nation states money is coming
5. Bitcoin will demonetize gold, bonds, stocks & real estate
6. Bitcoin ETF
7. FASB accounting for bitcoin
8. Bitcoin will eat all shitcoins
Everything I said here is not financial advice, please do your own research.
MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.
Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!
The "melting ice cube" of cash holdings, eroded by inflation year after year.
This is what Michael Saylor feared for his company when he decided to buy #Bitcoin in 2020.
MicroStrategy's market cap is UP ~45x since then.
Get some Bitcoin @Ford
JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.
Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!
The "melting ice cube" of cash holdings, eroded by inflation year after year.
This is what Michael Saylor feared for his company when he decided to buy #Bitcoin in 2020.
MicroStrategy's market cap is UP ~45x since then.
Get some Bitcoin @Ford
The first UK pension scheme to invest in #Bitcoin has made a 3% allocation, says Cartwright pension advisors
Cartwright advises dozens of pension funds in the U.K.
As $MSTR pulls capital from tradfi world to #bitcoin world, it fuels the bitcoin growth, which in turn fuels its own growth and the cycle keeps repeating until bitcoin reaches hundreds of trillions of market cap.
View quoted note →
#Bitcoin is 8.9 times sensitivity to global liquidity, when global liquidity increases 50%, bitcoin price will increase 450%. We are looking bitcoin possibly going up to 300k next year.