“Do the homework on bitcoin, understand what it is… Anybody that does the homework … ends up investing into it.
“For me, I have over a billion dollars in Bitcoin now.
I don’t think that Jesus and Moses got together and made a baby and named it Bitcoin; that’s not me.
“Ultimately, this is a de-layering mechanism for society… It’s a ledger defined by math.
Department of Labor, issued a press release to announce that for the 12 months ending October the Consumer Price Index increased 6.2% before seasonal adjustment.
The Satoshi Nakamoto white paper basically put us into a new era, and the technical properties associated with Bitcoin are infinitely better than gold: you can move it costlessly, you can store it – virtually costlessly – and it has this ledger that is completely missile-locked.
“But for right now, Bitcoin is pacing what people like Michael Saylor and Cathie Wood are predicting that it will do, it will eventually eclipse gold.
“Well, I think gold will be okay, but it’s sort of a flatline situation.
But I would put my money, and I’m encouraging clients to put their money, in Bitcoin… And I think we’re just getting started in Bitcoin.
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice.