Well, we have an upcoming US president that is going to be Bitcoin friendly, but did you notice that Michael Saylor just visited Mar-a-Lago and I see Michael Saylor taking a picture with Eric Trump. Well, of course I would imagine Michael Saylor also talking to President Trump too.
And what about this talk of the United States buying one million Bitcoin? Well, once the US starts buying one million Bitcoin, what will that do to supply and demand?
I recently seen Gary Cardone talk on Bitcoin Bram on Youtube yesterday, Gary Cardone was talking about liquidating all his real estate for Bitcoin, going in at having about 85 percent of his portfolio in Bitcoin.
Can you imagine if every rental property owner sold his rental property to buy Bitcoin? Well, Saylor says in the last four years Bitcoin has been going up about 60 percent a year for those last for years. Well, does rental property perform like that, 60 percent per year in the last for years?
Gary Cardone mentioned something like, at least with Bitcoin I don't have to worry about fixing the plumbing in one of my rental properties. Heck with Bitcoin, you don't even have to worry about tenants.
If this happens, then the average person trying to buy a house, can actually buy a house, as the price will go down, if people dump their rental properties for Bitcoin.
Gary Cardone mentions, We have never been here before, cause there is only a finite amount of Bitcoin. So we have 21 million Bitcoins and how many millionaires are there in the world? I just looked it up, there are 62.5 million millionaires out there as I write. If each one of them just wanted one, then there won't be enough.
So what does that mean for guys like me, that make a little more than $40 thousand a year. I say, hurry up and sign up with Coinbase, link your bank account somehow, get a wallet that you buy directly from the company itself, do not buy a Bitcoin wallet from Ebay or Amazon as they might put a code in it that will be to your ruin, and start buying at every paycheck. Well, that is what I say.
Of course I am not giving financial advice I just want you to look at the opportunity that may run out soon.
If you don't know much about Bitcoin, then start to study, put in 100 hours of studying Michael Saylor and the rest of them talk. Put in the 100 hours and I am pretty sure you would be sold, and maybe you will be like Gary Cardone making Bitcoin about 85 percent of your portfolio.
Let's end with a scripture, as it is written, A good leaveth an inheritance to his children's children: and the wealth of the sinner laid up for the just. Proverbs 13:22.
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Thank you, David.
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