Why don’t you own Bitcoin?
The worlds first digital commodity
We’re going to own it, not sell it ,,, get as much of it as we can!
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Progressive or *regressive*?
Nuclear weapons, ships, airplanes
Overcome your fears
How to conquer your fears or bitcoin
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Take everyone along
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One jolt?
Go far, go together … go fast go alone
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We don’t have enough –> obvious!
$450T long term capital in the world ,,, 20th century bonds & equity & 20th century art and collectibles
A $450T opportunity?
$200T, beyond ,,, 2000T$ Bitcoin network?
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Enrich you
Capital from the 20th century , warehouse in New Jersey … 20 years, just sell it and buy bitcoin
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Trillions of dollars in value.
Buy , allow passage of time to enrich you
Don’t buy, $80T and owned or controlled the network?
Manifest destiny, Thomas Jefferson –> buy Louisiana . Didn’t have the money
Keep going west
Texas, California …
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“Responsible for not taking risk”
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“The normie”
It will live in cyberspace
Million times a second more efficiency
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80% of USA, for $40M
You don’t want your worst
5M bitcoin, 25% of the network
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The most profound opportunity of the century
Money there for the taking! ***
America was a youthful country, youthful family –> there for the taking!
Sovereign money
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I’m sensitive to the cold
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The most powerful idea in the world!
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Triumph of natural law > Artificial law ***
Natural — what is natural will and shall happen
Artificial law
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Inject virtue & natural law, respect for property rights, freedom and balance into the US government
Made more virtuous, healthier, more rational ***
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Banks would be more rational, ethical, secure, better actors
Digital assets strategy
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The digital token, utility.
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100x demand
Big winners, US dollar & issuers
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Export trillions of dollars of our securities to the world
Currency, security, token, commodities –> $100T value created through innovation
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400,000 companies can raise capital –> create token!
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ERIC TOKEN –>
STREETTOGS token?
–> composition checker token?
Token for your time,,, life as an arcade?
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Millions of millions of tokens circulating
Digital Assets Framework written into law
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Cambrian explosion
All the entrepreneurs and capital comes to the US
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Every single day, learning something new about Bitcoin!
Never will complete understand it ,,, mysteries of the future
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UPSIZING
STRATEGY IS WINNING
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Make your money work for you –> path to wealth
Path to value creation
Make your balance sheet work for you
–> think of myself as a company?
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60x growth, balance sheet in 5 years –> .7B to $42B in Bitcoin
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Come up with some creative ideas!
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Follow your gut
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$300T in fixed income market, I want 1% of it –> $3T
FOCUS.
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Cheap goods from China are not the American dream
“Let them eat flatscreens” is not the dream!
Let them eat iPhones is not the American dream!
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Outside the self help bubble
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What do we *really* need?
Growth rate -> ability to raise capital
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$6B of capital
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$4B in capital, $18B in capital, $5.2B of capital raise
$300T , fixed income … $200B of capital raise easy
Keep growing 20% a year!
Growth rate –> Bitcoin growth rate, 60%, 95% each year by levering ,,,
$50B company, raising 30% a year
We aren’t going to stop!
Least risky –> sell $10B or more of fixed income preferred … convertible bond market , de-lever with equity
Go as fast as the capital markets allow us!
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Open and close on a dime
$15B of equity open, then close?
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Open, then close …
Proprietary fixed income etf , STRF … strife
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Investment grade, 42x over collateralized