Still New to the World, Bitcoin

Election year. Stocks should do well.

Still new to the world, Bitcoin, may be the best investment.

I don’t think the US will ban it, that’s not a competitive stance. The US can’t stop it, it’s worldwide. They can only try to own and control it at this point.

The SEC just settled with Chinese Binance CEO for $4+ BILLION. No criminal charges. He’s not a US citizen. J.P. Morgan Chase says that’s bullish for crypto, although Jamie Dimon is a famous anti- Bitcoiner.

Next, the SEC should approve spot BTC ETF’s (likely Jan 2024). This will make investment easy for US corporations.

The next “halving event” in April 2024 will reduce the rate at which BTC can be mined, decreasing available supply.

[BTC is up about 130% in 12 months from previous bull run low of about $15k]

Other nations are getting tired of the US Dollar and inflation. A worldwide currency may be needed. BRICS nations are working on their own now. BTC is already functioning securely and has a fixed supply with worldwide interest.

BTC could be the best investment of our life. Or it could go to zero. Learn about it and invest what you can afford to risk.

-Please share what you think, and if any of this is incorrect. I wrote this from researching a good bit lately and I have some money in it. I also read this sub daily and hope for more posts that can help us all learn. Thanks