The recent SEC approval of 11 Bitcoin ETFs marks a monumental shift in the investment landscape, igniting what could be termed a modern 'Digital Gold Rush.'
At $100,000, $200,000, or even $500,000 per bitcoin, one's net worth may change considerably.
The devaluation of the dollar, the linchpin of not just the American but the global economy, by the US Government and the Federal Reserve is the most important factor to consider when evaluating the home affordability crisis.
Thirteen firms, including BlackRock, WisdomTree, and Invesco, have pending applications with the SEC for spot bitcoin ETFs (not futures-based). Bloomberg's ETF analysts assign a 90% probability of approval by the January 10th deadline, anticipating several approvals in one day.
Since bitcoin’s inception fifteen years ago, it’s been demonized and subject to heavy scrutiny. Over this time, central banks, governments, and their media cronies have made an earnest effort to discredit bitcoin to no avail.
Boomers and Gen X own approximately $126 TRILLION of assets. But despite their tremendous amount of wealth, they are in a precarious situation.
