0% is Wrong

I will never specifically give you exact advice on how much Bitcoin you should buy. How much you buy comes from making a personal decision based on your understanding and convictions.

At the same time, I firmly believe that unless you take time to read books, watch videos, listen to podcasts, attend conferences, or barrage your knowledgeable friends on the topic of Bitcoin, you will most likely not understand what Bitcoin is.

That is okay.

But with a lack of understanding comes an inclination to oppose.

People fear and dislike what they don’t understand.

People also lack the imagination to think outside of the box until that box is already in front of them.

These are typical human behaviors.

For example, if you asked a person what type of transportation method they wanted prior to the automobile becoming a success, they would have told you they wanted a faster horse.

Early automobiles were inefficient and slow. Horses were still faster than them. People thought they would fail. But, over time, the technology compounded until it was completely obvious that horses were the transportation methods of the past and the automobile was here to stay.

We are still in the early days of Bitcoin where it is an out-of-the-box idea that many people misunderstand while also failing to recognize its potential for world impact.

The horse is to fiat currency as Bitcoin is to the automobile.

Presently people still prefer the “horse,” (fiat currency), but change is coming.

This piece is not meant to explain multiple analogies for how far Bitcoin is on the path to global adoption.

This piece is not meant to explain any complex economic theories for where Bitcoin could go in the future or how it could change the world.

This piece is not meant to explain what Bitcoin even is.

This piece is meant to state, emphasize, SHOUT, and say the following again and again until you, the reader, are at least curious enough to question your original opinion.

Listen up:

As I mentioned above, I will never specifically tell you how much Bitcoin to buy. The only black-and-white statement I will consistently make about investing in Bitcoin is that having 0% allocated to it in your portfolio is wrong.

This is an idea that may require you to realize you don’t know anything about a topic and move you to go on a knowledge journey where you will inevitably make an educated decision on where you should place your finances.

The statement above opens the door for me to talk all about how and why Bitcoin is sound money and how it has been by far the best-performing asset since it was created, but I will not dive deeper into either of these topics.

Instead, all of the key points I wish to make, and have you remember, direct me to the following quote by Adam Back.

In one sentence, Adam gives you everything you need to at least be curious enough to try and learn more if you don’t have any Bitcoin.

That is the purpose of this piece. To drive curiosity into you, the reader. It is not to overload you with facts, theories, or language about Bitcoin.

Nope, I just want to make you curious.

Now, let’s break the quote down.

“There are only going to be 21 million coins.” Unlike with the dollar, or any current paper money, Bitcoin cannot inflate past a set amount of supply. This is the inflation beater.

“There are billions of people in the world, some reasonable percentage of who might find it interesting to own a piece of Bitcoin.” Bitcoin is already an asset with over a 1 trillion dollar market cap but we are not even close to 1 billion people having Bitcoin. A lot of potential exists.

Putting the two pieces of the quote together you get simple game theory: There will only be 21 million coins for 8+ billion people in the world.

What happens if billions of people want their share of the pie?

The time to get your share is now.

The time to act is now.

If you have no allocation to Bitcoin, it is not too late, you are still early.

I am here to answer any questions and have further discussions with any of you!

Stack SATs

The views and opinions expressed here are for entertainment purposes only and should, in no way, be interpreted as financial or investment advice. Always conduct your own research when making an investment or trading decision, as each such move involves risk. The team members behind Triana are not financial advisors and do not claim to be qualified to convey information or advice that a registered financial advisor would convey to clients as guidance. Nothing contained in this e-mail/article constitutes, or shall be construed as, an offering of financial instruments, investment advice, or recommendations of an investment strategy. If you are seeking financial advice, find a professional who is right for you.