Here's one viewpoint for those that don't monitor Bitcoin news.
The US is gearing up to massively boost the market cap of Bitcoin, similar to what happened to oil in 1973 when it surged 400%.
"What that oil price did by moving up that way was it effectively made oil big enough to back the dollar, to back the US deficits.
Elevating Bitcoin as a neutral reserve asset will allow the US to finance the re-establishment of its industries for national defense without making Americans poor.
"The Treasury Borrowing Advisory Committee report has a chart: here's the market cap of crypto, here's the market cap of stablecoins, here's how many T-bills stablecoins have bought, and it's linear. That's how they're looking at it…
When you think about it that way in the context of political stability issues that you need to address, the national defense issues you need to address, the game theory is turned on its head.
Treasury [Department] is talking about how to use stablecoins to create a balance sheet basically for T-bills to finance deficits. Paul Ryan, former speaker of the House [and] VP candidate, [wrote an] op-ed about how stablecoins could be used to create demand for T-bills. Trump saying Bitcoin is the new oil, reportedly, [and] the strategic [Bitcoin] reserve."
So, again, what stock has outperformed BTC in the past 3-6 months? 6-12 months? For non believers, you could have invested in Aug (<$59k) as a high risk short term play or back in Dec 2023 (<$43.5k).
Many people within the industry, and some from TradFi, think BTC hits $250k in 2025.
Some people got in fairly early (me when BTC was ~ $8k) and others have the means to catch up in one trade (non-lol poors). You believe in it as a store of value/hedge against inflation, or you see it as a volatility play, or you don't see it.
Who cares? Best of luck to all our portfolios in 2025.