Bitcoin
The original memecoin
Investment Thesis
It's not so much that Bitcoin's value will rise as the value of fiat currencies will fall. Bitcoin is a hedge against money printing and inflation.
- Scarcity: Bitcoin has a capped supply of 21 million coins, making it deflationary and potentially similar to gold as a store of value.
- Security: The Bitcoin network is decentralized and uses cryptography, making it resistant to censorship and fraud.
- Global Accessibility: Anyone with an internet connection can hold and transact with Bitcoin, bypassing traditional financial systems.
- Potential Returns: Bitcoin's history suggests high volatility but also significant potential for growth.
- Low Correlation: Bitcoin's price movements may not be directly tied to stocks or bonds, offering portfolio diversification.
- Institutional Adoption: Growing interest from major institutions could increase demand and drive up the price.
- Utility: Store of value.