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The Bitcoin (BTC) thread
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<blockquote data-quote="Arado" data-source="post: 1404351" data-attributes="member: 308"><p>A small percentage of financial advisors were in the markets during 70s stagflation. None of them know how to play it, which is why they keep recommending 60/40 stocks bond allocation, which makes zero sense with stocks at all time highs and bonds at negative real yields. Hard assets will be the name of the game. Bitcoin is perfectly timed for this moment - any earlier and it would be too unproven. </p><p></p><p>Here is an interesting video. Not sure if there is exaggeration here, but seems like with all the BTC lost and gobbled up by billionaires and large institutions, there's less than 7 million bitcoins out there for normal people (out of global population of 7+ billion). So, with 1 bitcoin you are now in the top .1% of BTC owners worldwide, and almost definitely in top 1% of Americans. </p><p></p><p>[MEDIA=youtube]_dR8bgBbBBk[/MEDIA]</p></blockquote><p></p>
[QUOTE="Arado, post: 1404351, member: 308"] A small percentage of financial advisors were in the markets during 70s stagflation. None of them know how to play it, which is why they keep recommending 60/40 stocks bond allocation, which makes zero sense with stocks at all time highs and bonds at negative real yields. Hard assets will be the name of the game. Bitcoin is perfectly timed for this moment - any earlier and it would be too unproven. Here is an interesting video. Not sure if there is exaggeration here, but seems like with all the BTC lost and gobbled up by billionaires and large institutions, there's less than 7 million bitcoins out there for normal people (out of global population of 7+ billion). So, with 1 bitcoin you are now in the top .1% of BTC owners worldwide, and almost definitely in top 1% of Americans. [MEDIA=youtube]_dR8bgBbBBk[/MEDIA] [/QUOTE]
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