Stupid Predictions

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People who are normally considered hi-level, intelligent investors are often really stupid about bitcoin because they fail to recognize it as a sea change that is fundamentally transforming the entire monetary system. They try to compartmentalize the tree of one business stock and miss the entire forest that is equivalent to the Internet on which all businesses will be built. Bitcoin is the protocol on top of which the Internet and monetary systems are being rebuilt. Bitcoin automatically gives its owner a piece of the action of future Googles, Amamzons, and Microsofts, as well the productivity of nations. As the population and productivity of the world increase, so will the value of bitcoin. And it will release a wave of creativity as bureaucracies are made irrelevant and wars are no longer fought prop-up fiat currencies.

Charlie Munger at $154 BTC: "Bitcoin is rat poison." 30-second X video

Jamie Dimon at $350 BTC: "Bitcoin has no intrinsic value." 27-second X video

Dave Ramsey at $550 BTC: "Bitcoin is the Iraqi Dinar of the Internet." 2-minute X video

Dan Pena at $3800 BTC: "If this comes out, bitcoin is going to zero!" 20-second X video

Jamie Dimon at $5000 BTC: "Governments will crush Bitcoin...Tulip bulbs..." 3-minute video

Kevin O'Leary at $5,600 BTC: "It's garbage. You can't get in and out of it in large amounts." 2-minute X video

Warren Buffet at $9000 BTC: "Bitcoin is rat poison squared." 11-second X video

Peter Zeihan at $16,000 BTC: "Bitcoin has no intrinsic value." 2-minute X video

Peter Zeihan at $23,000 BTC: "A pyramid scheme...gonna be like BetaMax." YouTube Short/Full Interview

Kevin O'Leary at $34,391 BTC: "Bitcoin is a nothing-burger, a giant nothing-burger." 30-second YouTube video

Luke Gromen at $90,000 BTC: "At some point Bitcoin could compete with gold, but that far down the road." Tucker Carlson interview (At the time of this interview the market value of bitcoin is roughly $2 trillion to gold's $10 trillion. We'll revisit this when they are closer to value and big gold investors (countries/banks) recognize the superiority of bitcoin as a store of value.)



A new paradigm that destroys old economic theories







Why it was so difficult for the finance and investment communities to grasp bitcoin when it was valued at $200.
(1-minute video)


Bitcoin is a paradigm shift. It convert economics from an art to a science. There is so much you learned, you have to unlearn...like your monetary theory.
(4-minute video)


Financial privilege blinds seemingly intelligent people to Bitcoin's utility.
(4-minute video)


Bitcoin's Volatility is a Gift

Recommended Book/Audiobook

Bitcoin is Venice
Buy on Amazon
Audiobook

A fun exploration of Bitcoin’s potential to reshape economics, society, and human liberty, weaving together historical analogies and philosophical insights. The book critiques the flaws of modern fiat currency systems—characterized as wasteful and coercive—and presents Bitcoin as a decentralized, sound money alternative that could usher in a new Renaissance of ethical capitalism. The chapter "Bitcoin Is Logos," draws a profound parallel between Bitcoin and the ancient Greek concept of "logos," or universal reason, arguing that Bitcoin functions as a global, immutable language of value—a "speech act" inscribed in code that transcends political boundaries and resists censorship. This chapter emphasizes Bitcoin’s role as a trustless, verifiable system, likening its transactions to an enduring truth that fosters freedom and discovery, much like Venice’s historical defiance of orthodoxy enabled economic and cultural flourishing. Through this lens, the book envisions Bitcoin as a foundational tool for a future where capital and human potential are liberated from centralized control.





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