#Bitcoin #BTCvsMATIC #DeFiMarketCap #EthereumTheoreticValue2030 #Wholecoiners
Weekly Q&A Questions from all over the world on all matters that are top of mind today.
DISCLAIMER: The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:00 Intro Weekly Q+A
1:00 My portfolio of altcoins is worth more than the price of one BTC. Am I a wholecoiner?
Sad to say – no
Alts are far riskier than BTC
Many have crazy valuations
There is only one pristine SOV
Be careful of tokenomics
3:00 When the largest Defi protocol emerges from the ranks, what would you estimate the total market cap to be of that coin by 2030?
Equity markets: $95T
Debt markets: $106T
Securitized products: $10T
Securities financing: $4T
Asset Mgt: $89T
5:00 I bought Polygon early on made some good profits. Now considering swapping all out for BTC? Thoughts?
Congrats on MATIC gainers!
I am not concerned by EIP 1559
Many use cases
Key element for our new inter-chain world!
My thesis is 5% of ETH Market Cap
3 Scenarios – low medium and high
I take into account dilution in 2021 and 2022
Ranges from $3 to $32 in 2030 – very much in line w CP Forecast
I became more bullish after El Salvador model… for those new up-and-coming layer 2 BTC solutions that will become a key play. In the meantime per my models – unless we get my bear case for MATIC – BTC wins the day by 99% more ROI for exp case and 400% bull case
BTC in iTrust and another IRA has GBTC.
8:00 Is it wiser to cash in and find another way to own in a Roth IRA – and what is best way to time it?
GBTC vs Crypto IRA
iTrust from what I know is the best BTC friendly IRA
IRA is a great way to hold BTC in a tax-free way and play the market over medium to long periods of time
Neither let you hold your keys!
10:00 Previous cycles we saw large caps grow and then small caps boom and grow. Is that a new thing? It is puzzling.
This bull cycle is different from the previous ones because:
New BTC SOV Narrative
More on-ramps for retail
More heavy hitters
More use cases
Unprecedented $$$ printing
People have experience (but not all eg DOGE/ICP)
Different Cycle This Time
Andre – Like the Internet in 1996, vs 1999 vs 2003
12:00 Where is the best place to read crypto news as there is a lot of FUD on the internet?
What was once trusted news is now shockingly bad eg CNBC, Fox, etc but there are some good ones:
Twitter – follow key people like Raoul Pal, Willy Woo, Lyn Alden etc
Youtube – follow only trusted people!
Forbes sometimes [depends on journalist]
Reddit [by Token]
Configure alerts on Google by Token or RSS Feeds
Best Sources of Crypto News
15:00 How do processed meats link to cancer?
Processed meat was classified as Group 1, carcinogenic to humans – ie direct link.
Types of cancer:
Processed meats can be processed with nitrates
17:00 Contributions, Patreon, etc.