As you may know, we are at a moment in time when Bitcoin and Gold are breaking their All-Time Highs.
That sounds great, right?
Well, yeah, for the few people in the world who actually have a decent amount invested in those assets, but… What is this move really telling us?
Gold, throughout history, has been seen as a “Store of Value”, meaning, in theory, Gold should be able to protect against currency devaluation and maintain our purchasing power over time.
It’s a scarce asset that can’t be printed out of thin air, unlike fiat.
Fiat money was once “backed by gold”. As we know, that is no longer the case since a long time ago.
Bitcoin is called Gold 2.0 for its similar properties to gold, but being internet-native, it improves upon many of the physical constraints of gold.
Bitcoin & Gold
Both of these assets share an ideological thesis that can be traced back to the history of money.
So, what does it tell us that they are both breaking a new ATH at the same moment in time?
Just like Spider-Man had its own Spidey sense to perceive when some danger was incoming.
I believe Bitcoin and Gold – Spidey senses are ON, and we are being alerted by their recent moves in price.
Why Now?
There are multiple things occurring at the same time right now that are just too strong to be ignored.
For instance, the U.S. debt is calculated to be increasing by a whopping 1 Trillion every 100 days, and the rate of increase is increasing!
Interest rates are way UP compared to a few years ago, meaning the US Gov has to pay more interest on that debt.
It’s estimated that around 60% of all tax payments are going to pay off “interest” on the debt, just “INTEREST”.
Which is, of course, something impossible to maintain. Guess what’s the only way out?
Print More = Fiat debasement.
There is no way out of the government printing and making our currencies be worthless over time.
Oh, and if you think this is just a problem of the U.S. — I will dare to say, 95% of countries are in a worse fiat debasement situation.
People are waking up
If you start to understand and realize the huge problem all of that is, you will quickly realize that the 200 Trillion Bond Market worldwide is basically a melting, worthless ice cube.
So where do you think people who want a solution/escape to this problem are putting their money? Bitcoin and Gold.
Of course, there are still MANY people who don’t understand the problem, who aren’t aware of fiat debasement, who don’t understand Bitcoin.
But the ones who do are already stacking hard, getting their hands on as much as they can.
The new ETF Bitcoin Funds are just proof of that. Breaking all records and being the most popular ETF the most successful asset manager in the world, “BlackRock,” has ever launched.
Does that tell you something?
Don’t believe anything I tell you, believe what the assets are telling.
