I have nothing left to prove, or anyone to prove it to. I’ve worked hard for 30 years – through thick and thin, identifying the major trends in finance; and ultimately, making the right choices. Consequently, I’ve been all-in Bitcoin for five years – which likely, will never be sold.
When I bought my first gold mining stock in 2002, it was due to an evolving view that something was wrong with the LEGACY financial system – which in time, morphed into a full-fledged understanding of the flaws of fiat currency, gold, and all previous forms of money.
When Bitcoin arrived, it changed everything - and despite being a leader of the Precious Metals community, I made the courageous choice to go with my instinct…which was, that BTC would change the way FUTURE business was done.
Ultimately, this led me to go all-in from early-2016 to mid-2017 – and ultimately, leave the bullion business in summer 2017 to start CryptoGoldCentral.com. To this date, I’m probably STILL the only “goldbug” to have switched to BTC – and couldn’t be prouder of what I’ve accomplished in the space…like unquestionably, being THE most vocal advocate of dumping gold for Bitcoin.
Silver Long Dead, Gold Suppressed and Usurped – CryptoGoldCentral
In 2013, my good friend Mike Krieger convinced me to buy my first Bitcoin (which I subsequently lost at Mt Gox, against his advice to use Coinbase); and when I rediscovered BTC in early 2016 (and started writing about it daily), it was Andreas who empowered me most…and of course, the great Adam Meister, who STILL posts amongst the best content in the Bitcoin space. Recently, the “High Priest of Bitcoin,” Max Keiser, and his equally brilliant wife Stacy Herbert, have provided, in my view, the space’s best content…such as, for instance, today’s brilliant, must listen episode of the Keiser Report.
Keiser Report | The Fraying | E1691 - YouTube
Given my focus on sound money; at a time when the altcoin space has been largely (but not all) pump and dump schemes; I have leaned toward the “Bitcoin Maximalist” camp.
I have invested in, and marketed, specific altcoins in the past – but always practiced what I preached – as part of my journey of crypto understanding. Today, I’m 100% Bitcoin – which I believe is the world’s future MONEY; but I have always recognized that it will not likely be the ONLY successful digital asset. To that end, my thoughts are forever memorialized in the free CGC blog – like one of my first articles, from September 2017, titled “Trillions will enter the Digital Space – Perhaps, Half in Bitcoin.”
Trillions Will Enter the Crypto Space – Perhaps, Half in Bitcoin – CryptoGoldCentral
I have also stated, as early as February 2018, that crypto would subsume ALL legacy assets – particularly, comically archaic fiat currencies, stocks, and bonds. However, my focus has been principally on sound money – which is why I spend all my time in, and investment on, Bitcoin.
Stocks Versus Bonds Versus ICOs – Again – CryptoGoldCentral
Consequently, particularly when I was considered “relevant” in 2017 and 2018 – with a regular show on the then popular World Crypto Network – I became deeply entrenched in Twitter’s Bitcoin Community. Mostly it has served me well, but it can be mean-spirited and unforgiving – which unquestionably, is a feature not a bug. To that end, Bitcoin’s biggest strength is the Cyber Hornet mentality I subscribe to – which makes all who subscribe to it wealthy and wise.
As noted above, I never believed ALL crypto investment would go into Bitcoin – mostly, due to applications not yet invented, in what I long believed to be an upcoming Digital Age. Uttering such heresy is anathema to the Bitcoin community – but you know what? I couldn’t care less what anyone says or thinks about me. My actions speak for themselves – like, for instance, getting more people into Bitcoin, at unfathomably low prices, then 99% of the people who would criticize me for saying something so heretical.
That said, I’m a full-fledged Cyber Hornet myself, regarding my passion to protect Bitcoin and help it grow to its full potential – as if it needs my, or ANYONE’s help. Which is why I’ve fought back at “windmills” like Ethereum – which clearly, is not a “scam”; as passionately as against genuine scams like BCash.
Recently, for instance, I’ve felt “angry” at Ethereum’s relative strength – erroneously mistaking it for “Flippening FUD”; when in fact, it’s the world simply waking up to the Digital Age’s limitless potential…which is why the video this morning by Raoul Pal – unquestionably, one of the smartest people in global finance, impacted me so strongly.
𝐒. 𝓝𝒾ℊ𝒽𝓉𝒾𝓃ℊ𝒶𝓁ℯ on Twitter: "Probably the most important video you'll watch this year. @RaoulGMI breaks down the exponential age. https://t.co/ZCJqT2OfKX" / Twitter
In it, he discusses the explosion of Digital applications that is coming stronger, and faster, than any secular trend in global history. Being a Bitcoin maximalist is fine if, like me, you are focused principally on store of value, that potentially (in my view, likely) will become the global monetary standard.
However, Bitcoin will not be the ONLY digital asset in a world that quite literally, is morphing toward that of “Ready Player One.” In which, not only MONEY is transformed, but EVERYTHING. And the amazing thing is, it is occurring NOW…to the point that EVERYTHING my nine-year old experiences will be different from mine, all for the better.
So, while I will continue to invest 100% in Bitcoin – and recommend it to the principally Baby Boomer clients I work with – the fact is, cryptocurrency is about to take over the entire world. So, depending on your goals, there will be an essentially infinite amount of investment alternatives.