Joe Burnett, MSBA
Joe Burnett, MSBA|Sep 29, 2025 17:38
There’s nothing inherently wrong with cash flow. Owning future cash flows by holding equities or fixed income is great. The problem comes when money fundamentally breaks. Everyone is forced to store their wealth in those future cash flows, bidding them higher just to preserve wealth. Now that the world has discovered bitcoin, this is shifting. You don’t need to overpay for future cash flows just to store wealth. Instead, you can hold sound money (bitcoin) and invest it only when a truly compelling opportunity arises at an appropriate valuation. The world is now moving from storing nearly all wealth in future cash flows to storing wealth in a mix of sound money and future cash flows.(Joe Burnett, MSBA)
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