There are a significant number of reasons to be optimistic about Bitcoin going forward from this point. First, Bitcoin has recently experienced a downtrend during the bull market that began in late 2023. Bitcoin is the only asset in history that has gone down 90% multiple times and has reached all time highs. This is a remarkable development, but what is even better is that the current environment is actually producing yet even more reasons to be optimistic about Bitcoin over the long run. Money printing We live in an era where the federal government likes to spend like there is no tomorrow. The US federal government borrows $1 trillion every 100 days. The US government will just print this money – reducing the value of the dollars that people have in their wallets in bank accounts. Regardless of where interest rates go, there is absolutely no reason to think Congress is going to cut spending or reduce the deficit. Zero chance of that. Bitcoin is now one of the largest assets in the world. Bitcoin recently overtook silver to become one of the largest assets in the world. Since Bitcoin is seen as a store of value like gold, which has a market cap of $14 trillion, it's possible that, at some point in the future, Bitcoin may rise to a level similar to gold, or even surpass it. Unlike gold, it is possible to travel anywhere in the world with Bitcoin or ship it to anyone in the world. Bitcoin ETFs change everything. Since anyone with a stock brokerage account can now buy a Bitcoin ETF quite easily, there are quite a number of people buying Bitcoin, which causes the institutions sponsoring these ETF plans to buy even more scarce Bitcoin. Almost every Bitcoin has already been mined. The total amount of Bitcoin that is in circulation is 19,659,731.25, and only 21 milion can ever be created. So essentially there will not be much more new supply being created in the future. Bitcoin halving. Every four years, the supply of new Bitcoin becomes even more restricted. Next month, in April, the reward to miners for operating their machines gets cut in half from 6.25 BTC to 3.125 BTC. This is actually not priced in because miners are one of the largest sellers of Bitcoin day to day. Afer—and only after—the halving, Bitcoin miners will have less Bitcoin to sell, which means that there will be quite a lot of momentum pushing Bitcoin prices up. Investors may flee bonds and buy Bitcoin Since bonds pay fairly low interest rates, and are backed by fiat currencies (that lose value over time), it is possible some investors may allocate money from bonds towards Bitcoin as a store of value. There are trillions of dollars in bonds, so even if a small amount reallocated from bonds to Bitcoin can indeed drive the value of Bitcoin higher. Global liquidity is rising. Around the world, many countries are holding elections in 2024, and this is not a time period when the government at any level is likely to cut spending. Just the opposite: the government at all levels will be increasing the amount of spending happening, which is also going to result in Bitcoin going up. Fiat has a good track record of going down – since the government can print an unlimited amount of money, but they can't print Bitcoin since there is a set number of coins that can be produced. As always, all information provided is for entertainment purposes only. Please consult a professional for specific advice. ❤ Don't click on this! https://bit.ly/2SxA00s WANT TO SEND SOMETHING TO ME IN THE MAIL? Michael Gordon PO BOX 27332 Los Angeles, CA 90027 ? AWESOME: Get $35 off AirBNB when you use my referral code: https://www.airbnb.com/c/mgordon109?currency=USD&referral_share_id=0b68d5d6-71f2-4b64-888b-fc0c5f980f30 ? FREE MONEY! https://link.dosh.cash/MICHAEG491 Free $50! creditcard : Become a Discover Cardmember and get a $50 Statement Credit when you make your first purchase within three months: http://refer.discover.com/s/bb6ved $150! ✅ Get 100 free tickets from Yotta Bank when you use promo code: MICHAEL404 ?Finance: Earn $200 cash back with Chase Freedom Unlimited credit card. I can be rewarded, learn more. https://www.referyourchasecard.com/18/16X8MYSL37 ?Follow me on Instagram: Instagram.com/travelwithmrmichael ? Support this channel: paypal.me/michaelsgordon Business inquiries: Email: sardonical@gmail.com Be sure to subscribe to this video because there are a lot more exciting, educational, and important videos coming in the near future. #bitcoin #cryptocurrency #investing ... https://www.youtube.com/watch?v=XFJyBlt1DWo

What is Starbucks Reserve? Be sure to follow a lot of my adventures around the world on Instagram: https://www.instagram.com/travelwithm... Trying out Starbucks Reserve in LA! Starbucks Reserve is a bar that focuses on "reserve" coffee, which means that it comes from a unique origin, it has a limited number of batches, has a distinctive flavor, and there is usually a story behind one of the drinks. Sometimes the coffee comes from high elevation on some mountain near a volcano from a country you have never heard of (such as an island near Africa!) You should definitely try out Starbucks Reserve if one is in your area. Be sure to also hit the like button and subscribe if you like this video! More videos will come, but only if the like button is hit! So what is Starbucks Reserve? It really is a fantastic experience that offers a one of a kind experience. I repeatedly hear people saying that this is the fanciest coffee shop that they have ever visited. #starbucks #thingstodo #losangeles AWESOME: Get $40 off AirBNB when you use my referral code: https://www.airbnb.com/c/mgordon109?c... FREE MONEY! https://link.dosh.cash/MICHAEG491 Free $50! Become a Discover Cardmember and get a $50 Statement Credit when you make your first purchase within three months: http://refer.discover.com/s/bb6ved $150! Get $150 when you spend $500 in the first three months of the Chase Freedom Card. Earn $150 bonus with Chase Freedom. I am rewarded when you apply here and are approved for the card. https://www.referyourchasecard.com/2/... (I may receive a commission from the use of these links.) Support this channel: paypal.me/michaelsgordon Social Media: Instagram: instagram.com/travel_luxurymichaeljd Twitter: twitter.com/michaelsgordon Business inquiries: Email: sardonical@gmail.com ... https://www.youtube.com/watch?v=p0vwVQ-zXLc

Venice Beach & Abbot Kinney are known for the hip shops and boutique stores located in a one of a kind location. There is always a fun vibe around Venice Beach. If you do get a chance to visit sometime, I highly recommend it. In the mean time, we can learn quite a number of things about why Venice Beach is so successful and is really one of the best places to visit in the United States. You can apply some of the principles of Venice Beach in your own business, too! For one thing, it is really important to make things distinctive and special. You won't find another location in the US that looks exactly like Venice. Even other hip areas look completely different. I think that is also part of the appeal of Venice. ? AWESOME: Get $35 off AirBNB when you use my referral code: https://www.airbnb.com/c/mgordon109?currency=USD&referral_share_id=0b68d5d6-71f2-4b64-888b-fc0c5f980f30 ? FREE MONEY! https://link.dosh.cash/MICHAEG491 Free $50! creditcard : Become a Discover Cardmember and get a $50 Statement Credit when you make your first purchase within three months: http://refer.discover.com/s/bb6ved $150! ?Finance: Earn $200 cash back with Chase Freedom Unlimited credit card. I can be rewarded, learn more. https://www.referyourchasecard.com/18/16X8MYSL37 ?Follow me on Instagram: Instagram.com/travelwithmrmichael ? Support this channel: paypal.me/michaelsgordon Business inquiries: Email: sardonical@gmail.com Be sure to subscribe to this video because there are a lot more exciting, educational, and important videos coming in the near future. #venicebeach #losangeles #california ... https://www.youtube.com/watch?v=L1c-nOT3L1c

Should you consult a financial advisor? I get it -- the stock market has been incredibly confusing over the last few years and it makes sense to get outside help. I have some personal experience to share about financial consultants since I used to work in the financial industry selling mutual funds and life insurance. #1: Never choose a financial advisor who makes a commission from selling you any financial product. If a financial advisor makes money this way, they are almost certain to be motivated only by selling whatever product offers them the best commission possible. That's just the nature of the business. #2: It's okay to pay $200 an hour or more to speak with an advisor because this means that they are only going to be taking your interests in mind. If you want financial advice that is objective, you'll have to pay for it. It's actually cheaper, in the long-run, to pay someone by the hour so that they can tell you what financial product that they feel is the best deal than to just choose someone who gets high commissions to sell products that are not a good deal. Do you have some personal experience with financial advisors? Let me know in the comments bellow. As always, all information provided is for entertainment purposes only. Please consult a professional for specific advice. ❤ Don't click on this! https://bit.ly/2SxA00s WANT TO SEND SOMETHING TO ME IN THE MAIL? Michael Gordon PO BOX 27332 Los Angeles, CA 90027 ? AWESOME: Get $35 off AirBNB when you use my referral code: https://www.airbnb.com/c/mgordon109?currency=USD&referral_share_id=0b68d5d6-71f2-4b64-888b-fc0c5f980f30 ? FREE MONEY! https://link.dosh.cash/MICHAEG491 Free $50! creditcard : Become a Discover Cardmember and get a $50 Statement Credit when you make your first purchase within three months: http://refer.discover.com/s/bb6ved $150! ✅ Get 100 free tickets from Yotta Bank when you use promo code: MICHAEL404 ?Finance: Earn $200 cash back with Chase Freedom Unlimited credit card. I can be rewarded, learn more. https://www.referyourchasecard.com/18/16X8MYSL37 ?Follow me on Instagram: Instagram.com/travelwithmrmichael ? Support this channel: paypal.me/michaelsgordon Business inquiries: Email: sardonical@gmail.com Be sure to subscribe to this video because there are a lot more exciting, educational, and important videos coming in the near future. #stocksimbuying #investing #finance ... https://www.youtube.com/watch?v=4o1wcThhxpE