https://t.co/Cqqb7aLZVp
Gold and silver have been total dogs these last six months. BTC has just outperformed. I attribute this to Wil Self and his Quantity Theory of Insanity.
That there is, after all, a finite set of molecules in the universe of alternative assets - the last hold out for those seeking diversification.
My interpretation is that investing in this sector is analogous to growing followers on my Instagram account - that just as one group’s starting to get it another are unsubscribing...
In this world, and maybe it’s just for the moment, but Peter gotta pay Paul, ‘cause there’s only a limited amount of sanity remaining in the world. So, when @ScottMinerd says theoretically BTC can go to $400k, i.e., 10 x higher than now...