“Oops, We Own Bitcoin”

The new axis of FOMO October 31, 2024 [WEBSITE]( | [UNSUBSCRIBE]( The same folks who told you Bitcoin was dead at $3,000 will tell you it's a bubble at $150,000. “Oops, We Own Bitcoin” CHRIS CAMPBELL Dear Reader, In 1933, during the Great Depression, President Franklin D. Roosevelt issued Executive Order 6102. This order required Americans to surrender their gold coins, bullion, and certificates to the Federal Reserve in exchange for paper dollars at a fixed rate of $20.67 per ounce. With one executive order, he turned millions of law-abiding citizens into criminals overnight. Their crime? Owning gold. The punishment? Up to 10 years in prison. (Though, of course, in practice, few were ever prosecuted.) Fast forward 91 years… A strange inversion of this is happening. The same government that once confiscated citizens' precious metals is now eyeing Bitcoin - the digital gold - like a teenager discovering compound interest. And if you think that's ironic, buckle up. This story gets better. The Numbers Don't Lie Remember 2021? Elizabeth Warren was building her anti-crypto army. And Gary Gensler was playing whack-a-mole with every crypto project that moved. But here's what they didn't tell you: While they were publicly trashing crypto, smart money was quietly accumulating. BlackRock didn't just wake up one day and decide to file for a Bitcoin ETF… Larry Fink was building a “blockchain wing” in his HQ at the same time he was trashing Bitcoin on live TV -- all the way back in 2018. And now? We've got a former president making Bitcoin transactions at conferences. We’ve got his opponent pushing for crypto innovation. And Congress? They're grilling Gensler like a New York strip. Meanwhile… The U.S. government is sitting on three piles of Bitcoin: - Seized assets (≈205,000 BTC) - Regulatory settlements - Future auction proceeds This comes out to about 207,000 BTC -- making Uncle Sam one of the largest holders. Will they sell? Everyone seems to think so. But not me. Consider: - U.S. debt hit $35.89 trillion. That's not a typo. - BRICS nations are now talking about Bitcoin - Both parties are realizing crypto votes are real votes - Institutional FOMO with Microstrategy and (potentially) Microsoft leading the way And a lot more. [Rickards’ Election Warning: This Changes Everything]( Jim Rickards here. I just warned thousands of American Patriots about an “election conspiracy” that could have a direct and immediate impact on your retirement. If you haven’t seen my election warning, then I urge you to do so immediately. It contains some critical information to help you prepare for what’s coming along with one final “money move” you should make before election day. There’s still time for you to get in position – but only if you[watch my]( election briefing ASAP.]( What This Means For Your Money Look, nobody should bet the farm in these crazy crypto experiments. But, as we’ve been saying for a while… Crypto remains one of the biggest asymmetrical bets of the decade. Why: - Major financial institutions are building on crypto infrastructure - Political opposition is crumbling faster than a cookie in hot coffee - The government that once banned gold is eyeing Bitcoin as a strategic asset The same folks who told you Bitcoin was dead at $3,000 will tell you it's a bubble at $150,000. They were wrong then. They're wrong now. And if you’re wondering what James thinks of all of this… He put together a special video just in time for the elections. [Click here to hear his latest prediction](. Until tomorrow, Chris Campbell For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. Why This Election Could Trigger Crypto Boom: Learn About Five Coins to Buy James Altucher believes that the coming Presidential election could be bigger than any Bitcoin Halving AND the approval of a Bitcoin ETF for the crypto market. The new POTUS will help unleash a giant new crypto opportunity that he believes will be worth as much as $100 trillion by 2030. He’s pinpointed five specific coins that could benefit the most from this historic melt up – but recommends buying them BEFORE November 5th. [Click here to see the details on what could be the biggest crypto catalyst of this decade.]( ☰ ⊗ [UPDATE PREFERENCES]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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