3 Reasons I’m Investing in Bitcoin
Topics include:
- Scarcity + Network Effect
- Digital Monetary Commodity
- Gold vs Bitcoin
- Cryptocurrency Security is Tied to Adoption
- Bitcoin Strengthening Market Share and Security
- The Halving Cycle
- Stock-to-Flow Model
- Game Theory
- Bitcoin Priced in Gold
- Volatility Reduction Over Time
- An Ideal Macro Backdrop
EXCERPT
As someone with an engineering and finance blended background, Bitcoin’s design has always interested me from a theoretical point of view, but it wasn’t until this period in early 2020 that I could put enough catalysts together to build a constructive case for its price action in the years ahead. As a new asset class, Bitcoin took time to build a price history and some sense of the cycles it goes through, and plenty of valuable research has been published over the years to synthesize the data.
So, I’m neither a perma-bull on Bitcoin at any price, or someone that dismisses it outright. As an investor in many asset classes, these are the three main reasons I switched from uninterested to quite bullish on Bitcoin early this year, and remain so today.
Read in Full