Bitcoin Investment Theses - Part 1 - The Revolution

I hope this finds you well amidst the swirling sea of finance, technology, and the ever-evolving crypto landscape. As financial advisors and CPAs, we have to keep our fingers on the pulse, not only for ourselves but for the clients who trust us. And boy, what a pulse it's been lately!

We've seen the values of Bitcoin, ETH, and a slew of other crypto assets surging, and there's a lot of talk about spot ETFs and the mainstream companies diving into the crypto pool. Now, it's not just about hopping on a trend or fear of missing out (FOMO). These companies are looking at the long game. So, it got me thinking - what's the real investment thesis behind Bitcoin and ETH?

(There’s a video at the end of this post, in case you just want to listen)

Let's tackle this, one thesis at a time. Starting with Bitcoin...

Bitcoin Investment Thesis 1: The Revolution

You might've heard this a lot lately, "I buy Bitcoin because of XYZ." Or someone throws a fancy statistic your way explaining their reasoning. But, what does it all mean?

When I think about Bitcoin, three key aspects come to mind: the revolution, the macro, and the micro. Let's chat about the revolution.

Imagine a world where you truly own your money - no government telling you its worth, no bank controlling its accessibility. That's the revolutionary spirit of Bitcoin. Some folks in the West embrace Bitcoin because they're frustrated with traditional financial institutions. They see Bitcoin as a beacon, a statement, a means to distance themselves from what they view as the shackles of the banking system.

However, in countries grappling with hyperinflation, government corruption, and financial instability, Bitcoin isn't just a statement – it’s a necessity. Imagine a bank that decides to close its doors, or a country's government restricting daily withdrawals, or worse, being in the midst of a war or political upheaval, and needing access to your funds. Here, Bitcoin offers a lifeline, a way to ensure personal financial sovereignty irrespective of external chaos.

When someone says they invest in Bitcoin because they distrust the government, banks, or the traditional financial system, what they're really tapping into is this revolutionary spirit. They're seeking complete self-sovereignty over their assets.

[Upcoming in the next segment: Bitcoin Investment Thesis 2: The Macro]

Summary

The world of cryptocurrency is multifaceted, and Bitcoin stands as a testament to that. Its revolutionary nature presents an opportunity for self-sovereignty, allowing individuals to take complete control of their assets, undeterred by governmental or institutional influence. As financial advisors and CPAs, understanding this foundational aspect of Bitcoin can equip us to better navigate discussions and decisions about its place in our portfolios and those of our clients.

Stay tuned, because next time we'll delve deeper into the macro perspective. And trust me, it's just as riveting.

Stay curious,

Adam