There are only going to be 21 million bitcoin ever created. About 6 million bitcoin are lost forever. People have lost their pass codes and access to their funds. Take that 6 million out of circulation, and you have roughly 15 million bitcoin for the world to accumulate. There are 6 billion people in the world, which is clearly not enough for the worlds population. There are not even enough bitcoin for every one in California, so you see the scarcity here? Now keep in mind I’m just referring to bitcoin. There are other assets with stronger use cases, but for simplicity purposes… I’ll stick to bitcoin.
Currently, the wealthy are accumulating bitcoin and other cryptocurrencies in mass amounts. Inevitably, the scarcity for these assets will continue to diminish. The lowering of the circulating supply will only drive the price of these assets higher and higher, thus creating an increase in value. If I told you that if you buy this home in a area that is about to be gentrified for $10,000, and in the next 5 years I promise the price will triple, would you not buy it? I’m not a financial advisor but (I am documenting my journey and sharing that journey with the world), I am telling you that a select few of these digital assets will go up in value that has never been seen before. You are in an opportunity of a life time but most are too afraid to take that leap because they don’t understand it.
Stop waiting! Research and put your money to work. Most of you would rather have your money sit in safety, when you can simply research and witness that every day that pass by, your money is losing value. You have your money parked in an account that is making your banker or portfolio manager rich. Your 401k is going to lose more value in the near future, but you are ok with that? The bankers, the portfolio managers, the hedge fund managers are making billions off your money while giving you a return of 10-15%. Stop the brain wash that has been fed to you all your life. Take hold of your finances. Do what you feel in your gut that you must do. Each year for the next five years will get you closer and closer to your financial freedom. The fourth industrial revolution is here.