Few understand just how rich MicroStrategy CEO Michael Saylor is about to be because of his big moves in Bitcoin. But he started accumulating in 2020, with a publicly-traded corporation’s warchest for economies of scale, and he’s issuing corporate bonds to investors to buy more.
Everyday people with lives and jobs, even everyday “millionaires next door” who are still young-ish and want to do something good with their money to save and grow their wealth don’t have the kind of viable path to massive returns on investment in Bitcoin that Saylor has.
Besides, they have to compete with–
- Saylor
- A dozen Wall Street Bitcoin ETF issuers
- Block’s Jack Dorsey
- Founders Fund’s Peter Thiel
- Draper Associates’ Tim Draper
- Ark Invests’ Cathie Wood
- Pomp Investments’ Anthony Pompliano
- Gemini’s Winklevii twins
- Shark Tank’s Kevin O’Leary
- Hollywood’s Ashton Kutcher
- A dozen other billionaires and massive millionaires
—who are all onto the Bitcoin trail and have been hot on it for years now, contributing massively to its current $1.2 trillion network effect over many previous market cycles.
You Made It Or Missed It: BTC Super ROI Is Over
Trying to compete with them for some upward wealth mobility is just as arduous a mountain climb as Wall Street stock investors had to deal with before Satoshi Nakamoto invented Bitcoin –in the first place, to address the fundamental inequality and unfairness of the nationally centralized, heavily politicized, and inherently socialized finance of fiat money.
It’s not fair. It’s not fast. It’s not smart.
Now this is not to say that Bitcoin doesn’t still make an excellent final settlement and long-term reserve currency for even individuals and households to use in their economies, as well as companies, industries, nations, and international organizations (and even the super AIs of the Internet’s tomorrow).
But people who want to be like Michael Saylor can’t by copying him too literally. Only by implementing the principle that got Saylor onto Bitcoin– contrarianism, looking for the next thing that not everyone understands yet, but that you are pretty sure about.
Here’s what Saylor told “London Real” podcast host Brian Rose on Jan. 16, 2024 about the principle that got him invested in Bitcoin:
“Where are you going to put your money? Big tech is not like the compelling new thing. It’s the understood thing. My strategy as a tech investor is: You buy something that everybody in the world needs, nobody can stop, and 99% of the world doesn’t understand.”
This happened so fast (don’t blink– that’s the nature of the Internet), but already Bitcoin is “not like the compelling new thing.” Now it’s the understood thing.
When Barbie movie actress Margot Robbie, who played opposite Ryan Gosling, says in a Fandango interview that her Hollywood producer husband is “such a Ken” when he talks about Bitcoin, listen: It’s over. The big moonshot there is in the rearview mirror now.
Saylor’s new thing that everybody needs, nobody can stop, and 99% of the world doesn’t understand– is artificial intelligence.
Ethereum $KAI Cat Coin: What’s Your Play?
The mainstream masses don’t understand AI to such an extent that they are simply plowing their money into the hardware for it– the chips Nvidia makes. But without the computer architecture and design, the software and the infrastructure, and the network to use it collaboratively over the Internet– those chips are just cups designed to hold AI, but without any AI in them, empty cups.
What few understand today, but more and more are waking up to (and it will all come unraveled to the world as fast as Bitcoin did, maybe faster now):
Ethereum’s smart contract network is the actual, practical, AI market product that is going to unlocked untold trillions in value from our economy by automating efficient processes in supply chain management, law, and insurance– as well as the online finance, media, and gaming that Ethereum has already disrupted. More than ever, hour after hour, work is never over.
But if you are trying to get that moonshot Saylor’s on – investing in the base layer ETH tokens in 2024 is for newbies, amateurs, and very respectable normies who are trying to, but who still just do not understand. Your ticket is probably going to look as stupid to you today as Bitcoin looked to Saylor’s board of directors in 2020. But you won’t care if the profits on it are stupid too.
Want to be a real degenerate? Send an Ethereum miner 75 bucks today to execute a transaction to securely send private keys to your MetaMask wallet for your own $Kai Cat Coin tokens, a new Ethereum AI-optimized meme coin in presale until the end of June.
Act fast as the KAI Presale Ends July 4 And Kai before its listing on Uniswap and has already raised $500k.
The post Ethereum Traders Fear Missing Out On $KAI Cat Presale appeared first on CoinGape.
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