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Rajat Soni, CFA
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Inflation made it so being a millionaire is no longer impressive
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Rajat Soni, CFA
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Bitcoin at $108k: Bitcoin Skeptics: Bitcoiners are gambling Bitcoin holders: No, I studied money, psychology, energy, game theory, economics, property rights, and history for thousands of hours. Bitcoin at $1.08M: Bitcoin Skeptics: Bitcoiners got lucky Bitcoin holders: No, I studied money, psychology, energy, game theory, economics, property rights, and history for thousands of hours.
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"Owning" Bitcoin is different from Bitcoin "exposure" Everything other than Bitcoin in cold storage is NOT real Bitcoin Not your keys, not your coins
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Fiat currencies make you impotent
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Bitcoin is a savings account MicroStrategy is an investment Don't confuse the two Don't put too much of your wealth into risky investments Only buy Bitcoin with money you don't want to lose
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Something that loses 99.9% of its value can lose another 99.9% Eg. The US dollar has lost 99.9% of its value in terms of Bitcoin already It won't stop losing value until it goes to ZERO
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