The Most Inevitable Trade of the Decade…
There’s this bit of motivational BS I’m sure you’ve heard: Opportunity only knocks once.
Total horse hockey.
Opportunity knocks all the time… if you know what to listen for.
The opportunity in question today is tied to bitcoin. But please keep reading because this opportunity promises to create meaningful wealth. Better yet, this isn’t a one-and-done, blink-and-you-miss-it opportunity.
The opportunity in bitcoin announces itself every single day that the coin trades anywhere below $35,000. (As I write this, the granddaddy of crypto sits just under $30,000.)
Now, I could simply tell you the reason I call this an opportunity is because bitcoin will see prices in the low-six-figure range over the next 12 to 18 months, and could ultimately cross the seven-figure threshold sometime before this decade celebrates its conclusion.
But instead, I want to explain the macro conditions that exist which will fuel the rise to those prices…
The Western world is morally bereft, financially speaking. The accumulation of debt—both governmental and consumer—used to occur for real purposes.
The government funded programs to better lives, build the country, and further enormous projects like the space race. Meanwhile, consumers begrudgingly took on debt to build wealth through home ownership, or to buy a car, which opened to them the opportunity to pursue better-paying jobs farther from home.
Today, consumers mindlessly dive into debt to go to Disney World and afford aspirational consumer goods they otherwise cannot afford but they buy anyway to pretend they’re something they’re not.
As for government, it long ago gave up any pretense of fiscal responsibility. Government today borrows primarily to buy votes with pork barrel projects, or to fund unnecessary and expensive programs that benefit the extremely wealthy or the lobbyists who immorally shape laws to the benefit of no one but the special-interest group funding them.
The result is the America we have today: buried under historic levels of debt that will never be repaid.
Default is imminent—likely in the form of a devaluation of certain Western currencies, most likely the dollar and the British pound, possibly even the euro.
Which is where bitcoin will shine.
For several years now, I’ve been saying that bitcoin will very likely join gold as the asset classes that save the West. In the early days, I was a lonely voice with that view. Now, I’m no longer yelling into a void.
Economists and investment pros/analysts are beginning to raise questions about the viability of the dollar, and they’re increasingly suggesting that bitcoin will likely emerge as part of a basket of world currencies that will serve as a unified global reserve currency.
Even a leaked European Union document speaks about global governance taking place on the blockchain, the technology undergirding all cryptocurrencies.
The EU sees “unprecedented opportunities [for blockchain] in many societal areas,” including healthcare, education, and culture. The document notes that “this technological shift also involves new forms of global governance”—such as crypto-based decentralized autonomous organizations (DAOs). Bitcoin is certain to play a role in that.
My bet is that the U.S. ultimately devalues the dollar and ties its value to gold and bitcoin. Doing so would immediately shore up a fundamentally anemic dollar.
In doing so, the U.S. will assign a value to both assets, much like it once assigned a set value to gold of $35 per ounce.
I’m not making some wild prediction. Uncle Sam in the last century has twice devalued the dollar, and gold was the lynchpin.
This time, bitcoin will play a role too, because it and gold serve no masters and exist in limited quantities. They cannot be manipulated by government mandarins.
All of which means that bitcoin has a new role play in coming years, and that role will see bitcoin prices rally to levels few people expect.
Which, in turn, means we have an opportunity every day to buy bitcoin before the end game becomes crystal clear.
It is what I call “the most inevitable trade.” I’m convinced bitcoin—and crypto in general—will completely revamp so much of our daily lives, particularly finance.
For that reason, I’ve put together a presentation called “The Most Inevitable Trade” that I’ll be sharing at International Living’s Ultimate Go Overseas Bootcamp in Denver next month. (Click here to claim a discounted seat for the event.) I want everyone to understand this opportunity—not just that bitcoin will see six- and seven-figure prices.
I want people to understand why those prices are inevitable at this point, so that they can they understand precisely why they need exposure to bitcoin… before opportunity knocks one last time and vanishes forever.
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