"Buying Bitcoin on Revolut is easy, but it doesn't mean you own Bitcoin. You own an IOU. If you want true financial sovereignty, you need to take control with self-custody and a hardware wallet. Don't let convenience come at the cost of freedom. #Bitcoin #SelfCustody #FinancialSovereignty"
For most of us, the terms "money" and "currency" are interchangeable. And in day-to-day life, that's perfectly fine. But understanding the difference between the two is becoming increasingly important, especially as Bitcoin gains traction. This isn’t just semantics; it has huge implications for how we think about finance, policy, and the future of money.
The current state of the global economy is a complex and intriguing topic. Here are a few key points to consider:
The US dollar has been the world reserve currency since the end of World War II
The US has been running a persistent trade deficit, importing goods and services from other countries in exchange for dollars
Countries like China have been running large trade surpluses, but have been investing their profits in US assets rather than their own economy
The global monetary system is facing a crisis, with many experts predicting a significant shift in the way money is valued and traded
A summary of the the various factors that contribute to individuals feeling ensnared in what can be aptly described as "The Matrix."
This phenomenon often leads people to conform, submit, and obey societal norms and expectations without fully realizing the implications of their actions.
For most of us, the terms "money" and "currency" are interchangeable. And in day-to-day life, that's perfectly fine. But understanding the difference between the two is becoming increasingly important, especially as Bitcoin gains traction. This isn’t just semantics; it has huge implications for how we think about finance, policy, and the future of money.
I am writing to connect with you and discuss a thought-provoking comparison that has recently caught my attention.
The comparison revolves around the gold reserves held in Fort Knox (or any nation state for that matter), with growing concerns over the apparent absence of recent audits, as opposed to the unique transparency offered by Bitcoin.
I recently saw a chart that really struck home. We will get to this, but it’s worth looking at an interesting trend that has emerged in the world post-Covid.
It seems that now, it's all about the supply of money rather than the cost. This shift has significant implications for both opportunities and risks in the market.
**Update: If the YouTube videos don’t load please search on Rumble.
Firstly, apologies for the delay in getting of out our newsletter and blogs this quarter. We were waiting for the 2022 Bitcoin Conference before publishing. We wanted to highlight the best and most significant keynotes given during the conference.
Our number 1, really explains the power of the bitcoin network and why it is significant, number 2 is all about the asset, how to protect yourself from the fiat fraud and finally number 3 - the ESG narrative and shaping the future.
Many people that get into crypto and bitcoin will always talk about price. What they are actually talking about is the asset (the incredible store of value proposition) . Bitcoin is more than that, it is a new financial network that enables customers and merchant without middlemen.
Jack’s “Kings Gambit” keynote is the best I have ever seen on this topic!
Rumble video if below doesn’t work here
Bitcoin 2022 Conference - Jack Mallers
If you don’t know what financial repression is then this is a great talk to understand how governments confiscate the wealth of their citizens in the form of inflation. He highlights how in 8 years he went from a $2000 salary to $20.
Our journey in the west is only starting, it’s time you understand hyperinflation and fast. It’s also worth noting his thoughts on CBDCs (central bank digital currencies) - they are the same flavour as fiat, so they will have the same properties… they will be debased and used against you.
Let’s just hope that some lesson can be taught and that people don’t have to learn the lessons of hyperinflation the hard way - only time will tell.
Rumble video if below doesn’t work here
Bitcoin 2022 Conference - Ricardo B. Salinas
This is is one of the comments from YouTube that perfectly sums up the video “This might go down as one of the speeches that is recognized as vital to this revolution ! That man's voice was cracking because he was afraid he was being compelled to tell the truth ! Going public is handing your company to government indirectly !”
“ESG is the real enemy, it’s a hate factory and when you think ESG, think CCP”
For me, the key take away from this keynote, is that we have have momentum, we have an asset that can protect our wealth and labour, it’s transparent, fair and inclusive. We need to be careful, regulation it’s almost always used as a tool to corrupt a movement and finally, we need to be sceptical of the ESG narrative.
Rumble video if below doesn’t work here
Bitcoin 2022 Conference - Peter Thiel
One point I would make at around the 6:48 mark is that Peter’s slide should be changed. You can remove the ETH logo and replace it with the Bitcoin logo now that we have Lightning.
Updated Slide
Lightning Network has enabled this!
The final piece I will leave you with is a quote form Cathie Wood during the conference. As she says, every single word is important:
“Bitcoin is the first global private (i.e. non government) digital rules based monetary system in the history of the world”
This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here
image by Ali Tawfiq
Would you be surprised if I told you that in the last 30 days we have seen significant growth in the visitor analytics to our site from the following 2 countries:
Australia
Canada
Now, I wonder why?
Could it be anything to do with: Locking away and preventing the movement of citizens, pushing policies to deliberately divide society, forcing people to take medication to work (or play sport), tracking their movements, threatening to kill their animals, using extraordinary measures against protestors and then freezing assets and bank accounts.
So big shout out to the fringe leaders in these great nations - who clearly missed their history lessons at school. Our "Black Face" Mr T was obviously even naughtier, he must have missed economics 101 (consequences and outcomes of communism) after he so eloquently spoke of his admiration of China’s Communist Party. I’d include you in on this one JA of New Zealand and all the companies like gofundme (your business model is dead).
Please keep up the great work, you are doing your citizens a wonderful service. You are opening up eyes like never before. They are spending the time:
to read and understand the bill of human rights (google them yourself and have a read),
to see how the current economy doesn’t actually work for them, how they work for currency that is a confidence game and inflation is actually a big deal.
to question what freedom of speech really means (thanks Joe R for highlighting this one, and thanks too to MSM for showing us exactly who you play for)
migrate away from social media platforms that don’t respect privacy and drive cancel culture
to understand the importance of the right to protest (whether you agree with the protest or not, is not important - defending the right to protest is whats important)
To understand Bitcoin and Crypto
“These nations do not have sleeping sheep, one by one the lions are being awoken”
Now for those of you are looking to build a position in crypto and don’t know where to start, here is a thread I wrote last week which will help. The story talks about “a guy”, but rest assured it does not matter if you are young or old, male or female, they, them, you are all included:
1/
There are 3 key ways to build a crypto position:
1. Take crypto as payment
2. Use defi yield tools
3. Follow the money
There are stories everywhere about #1 & #2 Nobody likes to hear about #3 To bad, today in this thread 👇, you will see how our guy made a start with #3
2/
Our guy was in his late 50s and had been looking for a way to get into crypto. He had a 5% portion of his speculative cash available to earn a little extra yield - ie the money he was prepared to allocate to highly speculative assets.
3/
The though of opening an exchange account, depositing money, deciding which crypto to buy and then moving all his crypto onto a hardware wallet or diversify risk by using multiple exchanges, was a step too far for him. But he didn't give up ...
4/
Being able to tell his grandchildren, even his son, that he owned some crypto sounded just awesome. What was more, he found a way to leverage the skills of seasoned crypto veterans, by copying their strategy. He could even add to his account monthly (or whenever he wanted).
5/
The product he went with in the end, didn't require him to have to pick an exchange - he didn't even know what that was, until someone explained, it was just a term for "where you buy crypto". - The exchange was registered with the Financial Conduct Authority (FCA) in UK ✅
6/
So he followed the simple instructions from the PDF he received to open an account and then followed the process to verify his account. Initially he did not worry about depositing money: - He used a simple gift code to fund his account ✅
7/
Our guy had previously been very concerned that he knew nothing about crypto. There were so many of them, which one would he choose. Was there a way to copy the allocations of some industry veterans (like an index)? - There was, he could copy "Rational Active Allocation" ✅
8/
It was at this point, that our guy began smiling (I can see you smiling). There was one last question about diversifying risk that needed addressing. - The platform uses multiple exchanges (requiring multiple signatures from different people/orgs) to protect assets ✅
9/
So with all his concerns dealt with - he decided to purchase the Crypto Starter Kit (*) he had seen advertised. He did this straight from his phone (he could even use apple pay and his finger to checkout). After paying he received an email confirming his purchase with a PDF.
10/
The PDF included in the Crypto Starter Kit (*) had everything he needed to get started on his journey to owning his first crypto. The gift card (2 amounts available) was then generated and emailed to him to load onto his account to copy the "Rational Active Allocation" strategy.
11/
If you want to start a position just like our guy in the story, check out RAAINDEX here.
(*) We no longer offer this product, find out more here
Lastly, I dedicate this blog to all the dictators out there, the cover image of this blog has a bicycle - I suggest you get on it!
This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here
There are many people that have started to question the main stream narrative and the “great resignation” is clearly a function of this. At some point the topic of savings / investments for the future will come along and the obvious next question is : How do I save/invest when I have nothing left at the end of the month?
Don’t worry, I often hear this question, and I hear it more than you think. Without going into all the detail in this blog, there is a book or audio book that I would highly recommend that you read or listen to. This will put you on a path to financial freedom and answer the question above.
In its simplest form:
“Pay yourself first”
For more on this, I’d highly recommend The Richest Man In Babylon By George - S. Clason (AudioBook)
This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here
