My final touchpoints were in early March 2020 for the “Investors Podcast” for the quarterly mastermind talk with Preston Pysh, Stig Brodersen, Hari Ramachandra and Tobias Carlisle, where Preston recommended Bitcoin and I said to myself cryptocurrency isn’t my thing and then he recommended it again in end of May in 2020.
In all my years of listening to the podcast I had never heard one of them recommend a pick in back-to-back quarterly masterminds and I remember saying to myself, “Wait a minute, what am I missing that Preston recommended Bitcoin again in back-to-back quarterly mastermind calls?!?” and by early June of 2020, I bought a little bit of bitcoin for around $9,000 and that is when I really went down the rabbit hole.
What’s the primary “life lesson” that you have learned from your time in bitcoin?
Life is hard and it isn’t fair, but that doesn’t mean that it isn’t worth living. Always try to better yourself each and every day. You aren’t competing against the world, you are competing against yourself.
What advice would you give to someone who wants to begin working in the bitcoin industry?
Bitcoin trades 24/7 and there is always something new to learn. Once again, this relates to my last question: Bitcoin and life aren’t easy, but that doesn’t mean you shouldn’t try.
People in the space are usually more than happy to help newcomers. The best people in the space will always tell you to come to your own conclusions and do your own research, but they are more than willing to explain anything and everything and then it is up to you to study, learn and experiment yourself.
What’s the primary change for the world you want to see come out of the adoption of bitcoin?
Free and open markets and true entrepreneurship. Not all of these companies that are basically propped up with cheap debt, low interest rates, and tax breaks / incentives.
What are you most looking forward to in the Bitcoin space?
Expansion of the Lightning Network and third layer functionality.
Price prediction for the end of 2021, and the end of 2030?
My price prediction was $228,000 at the beginning of the year, but now that we are in the last month of 2021, I think it will be closer to $100,000. I always thought that about $4 million per bitcoin by 2035 when 99% of the total supply is mined and a market cap of about $80 trillion makes sense based on a super-conservative growth rate of 30% per year, assuming $100,— by the end of this year, so that would be around $1 million per bitcoin by end of 2030, but price is all over the place and impossible to predict in truth.
My true price prediction is a block height of 716,389 blocks by the end of 2021.
