Five Years From Now

Five years ago the price of Bitcoin was ~$8,100 and the Covid pandemic was just starting. Immediately following the Covid announcements, Bitcoin crashed to ~3,000 as markets spiraled. As a Junior in college, I remember thinking Bitcoin was dead.

Oh my ignorance.

Within a week, Bitcoin had rebounded back to ~$10,000. This rebound served as a springboard for not only my interest in Bitcoin but also my knowledge journey where I have spent hundreds, probably thousands of hours, learning about Bitcoin, economics, and money, and have honed my perspectives on the future and have built habits on having a low time preference. To summarize all my viewpoints in 2 sentences I will say.

1. Everyone gets Bitcoin at the price they deserve.

And.

2. Everyone finds Bitcoin eventually.

I begin with this quick reflection because five years ago the world was immensely different. Over the past five years, I have moved to three different states, (soon to be a 4th), started writing, started running, went from college to the real world, and have had countless other experiences. Five years ago feels like “the good ole days” already yet, feels just like yesterday at the same time. All this is to say a lot can happen in five years.

While the price of Bitcoin was “much cheaper” from a dollar perspective five years ago, I will piggyback off of the perspective from Luke Broyles and agree that Bitcoin today at ~$80,000 is “cheaper” today because the probability of success is innumerably higher.

I maintain that Bitcoin is the greatest asymmetric bet known to man because there are only two options for its future. Bitcoin either goes to zero or it goes to infinity. With a long enough time horizon, these are the only two possibilities. Five years ago, Bitcoin was almost a taboo idea, a blip in the pan, a “Tulip bubble.” Five years ago, I could not fathom the hyper-speed at which Bitcoin adoption would occur. Today, it seems like every day the probability that Bitcoin does not go to zero, and therefore trends towards infinity, becomes higher.

Today, Bitcoin is undeniably backed by Wall Street with BlackRock and other Bitcoin ETFs breaking numerous records in their first year of existence in 2024. Additionally, BlackRock and other institutions are now recommending portfolios allocate fixed percentages to Bitcoin. Banks are now allowed to custody Bitcoin and I expect the arrival of these banks to continue to spur global demand. The United States of America has publicly announced a Bitcoin Strategic Reserve and has instructed the Secretaries of Treasury and Commerce to develop budget-neutral strategies for acquiring more Bitcoin. Just this past week, Senator Cynthia Lummis reintroduced her Bitcoin Bill which has five co-sponsors. This bill will provide the federal government with instructions and actionable steps to purchase 1 million Bitcoin over a 5-year span. With the United States leading, it is easy to assume that other countries will also follow in our footsteps.

This all goes along with the fact that many members of the Cabinet and those close to the President of the United States, who is President until 2028 which is a little less than 4 years away, all either own Bitcoin or have publicly supported Bitcoin.

• US Commerce Secretary Howard Lutnick talks Bitcoin:

• Robert Kennedy Jr has put a majority of his wealth into Bitcoin and gave this incredible speech at the Bitcoin Conference in 2024:

• Vice President JD Vance owns Bitcoin.

• Donald Trump Jr. and Eric Trump both support Bitcoin and have given numerous talks and presentations at various Bitcoin events.

• David Sacks, the Crypto Czar supports Bitcoin. The clip below is from the All-In podcast on March 7th, 2025.

• The White House Digital Assets Summit occurred on March 7th, 2025 where the likes of Michael Saylor, founder of Strategy (formerly Microstrategy, $MSTR) which owns ~500,000 Bitcoin, were in attendance. The video below shows President Donald Trump’s remarks from the summit.

All of the above was seemingly unimaginable and insane to even think about 5 years ago. Yet, here we are.

Yet, HERE, we are.

If you engage in a habit of periodic reflection in your own life I believe you can more effectively plan your present and your future. Obviously, the future has a level of uncertainty and unpredictability that you cannot account for. But by revisiting your past, you can construct your present in a way that sets yourself up to create the future you desire.

Time is slow when you think in years but rapidly speeds up as you crunch your perspective down to the months, weeks, and days. When you live a life focused on the days and suddenly zoom out, you will realize years have flown by and the “progress,” “success,” or “desires,” you sought will have seemingly appeared overnight. However, you will know nothing was achieved overnight and rather everything was achieved through the countless hours, days, weeks, and months of repetitive focus and effort. I believe the above perspective to be 100% true and is one I do my best to incorporate into my own life. I believe it's one of the reasons I enjoy running marathons. Running a marathon has nothing to do with race day and instead has everything to do with the hours, days, and months leading up to the time I toe the start line. The race itself is just a payoff for all of the work I have put in. When I focus on days or shorter timeframes I struggle to see progress. It is only when I zoom out where I see the true impact of what has occurred.

Immerse yourself in the hours and days.

Yet, see progress in the months and years.

This is a similar perspective I believe you should have with Bitcoin. Zoom out and think in years, if not decades.

Think of 5 years ago. Where were we?

Now think of 5 years from now. Where will we be?

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. I am not a financial advisor 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.