A wave of capital is coming

CN
3 days ago

A wave of capital is coming.

Only 10 stocks in the S&P 500 are up more than +100% YTD, which is only 2% of stocks in the index.

Of these 10 stocks, 2 of them have a market cap larger than $100Bn.

Those 2 stocks are both tech stocks, $NVDA & $PLTR.

#Bitcoin is up +95% YTD with a market cap of $1.62Tn.

In other words, $BTC is providing a unique opportunity set in the market and will force sideliners and doubters to objectively confront the reality of the situation.

They will recognize that something unique is happening here.

Not just this quarter.

Not just this year.

But over the past 2, 4, 5, 7, 8 and 10 years too.

They are motivated solely by returns (risk adj. returns, more specifically) and they are about to be inundated with BTC results and price action.

They are going to face the music.

The best Wall Street investors adapt, change, admit their mistakes, and fix those mistakes.

I think we're about to see a colossal wave of demand coming into $BTC via the spot ETFs, as these institutional investors & money managers recognize what's at stake here.

They are going to think "hmmm... how is an asset with no CEO, no sales team, no revenue, and no tangibility outperforming practically everything else, especially at this size and scale?"

They're going to ask "what does Larry Fink know?"

They're going to wonder "how did Saylor pull this off, and why?"

They're going to question what will happen if more nation-states adopt BTC or if other corporations (maybe $DELL or $MSFT) add BTC to their balance sheet.

They're going to look at the 4 year cycle and the halving.

They're going to look at the resilient nature of the asset.

They're going to look at the risk-adjusted returns.

They're going to look at the trend.

Many will have too much hubris, refuse to challenge their world view, and continue to dismiss the asset as being "un-investable".

They will eventually buy BTC at the price they deserve.

But the ones who do the work, start from scratch, and actually learn about what's taking place with #Bitcoin and what it represents are going to get some skin in the game.

Maybe not much at first, but then they will keep adding more.

That's what happened to all of us and it will be the same for them.

Almost every Bitcoiner I've ever met started as a skeptic.

I was too.

A wave of capital is coming.


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