Thomas Kuhn & Crypto

Crypto is the best store of value. Fiat currencies are silly Ponzi schemes. Gold is heavy, dirty, and there may be a lot more coming. Crypto pollutes through electricity, but is infinitely portable, and has fixed supply. Thomas Kuhn illuminates paradigm shifts. There is a currency paradigm shift coming. 

Current Market CapNew Supply possibleNew Supply in last yearPortabilityEnvironmental impact
Treasury Bonds~$25 TrillionInfinite$3 Trillion+highlowest
Gold~$12 TrillionLarge ($100+ Trillion undersea)~$200 Billionsome issueshighest (mines are dirty & dangerous)
Bitcoin~$350 Billion00highmedium (electricity)


Chicken Little Respects Dow 30,000

Chicken Little is no longer bearish on US stocks. On January 25, 2018, when the Dow was at 26,252, I wrote the reverse article, "Chicken Little is no longer bullish on US stocks." In recent days, the Dow has rallied to a new all-time high, and this new high has to be respected. 

Chicken Little is no longer bearish on US stocks


October 2020, Chicken Little Portfolio Performance

"Buy as much bitcoin as you can afford to lose." - Recently, I shared my crypto lust with a friend in this manner.  Upon reflection, however, perhaps it is time to view the US Dollar as riskier than Bitcoin. The Fed is printing dollars like crazy. While there are literally trillions more dollars today than a year ago, there will only ever by 21 million bitcoins. 

Time to Change the Currency Guards?