Why Traditional Investments Are Making You Poorer!

Mark Moss
20 Sept 202448:09

Summary

TLDREl video presenta un análisis profundo de Bitcoin como una nueva forma de ahorro de valor que desafía los sistemas financieros tradicionales. El presentador, Mark Moss, explica cómo los activos convencionales como acciones, bonos y bienes raíces están perdiendo valor debido a la inflación y sugiere que Bitcoin, con su rendimiento superior, podría ser la solución para proteger y multiplicar la riqueza en la nueva economía tecnológica.

Takeaways

  • 😀 El video trata sobre la verdad sobre Bitcoin y cómo los sistemas de riqueza tradicionales están en declive.
  • 💼 Bitcoin no solo es una mejor forma de almacenar valor sino que también puede multiplicar la riqueza más rápidamente que cualquier inversión tradicional.
  • 🏦 Los activos tradicionales como acciones, bonos y bienes raíces están sufriendo una devalúación silenciosa debido a la inflación y los sistemas financieros obsoletos.
  • 📈 Se proyecta que el precio futuro de Bitcoin crecerá significativamente y se estructurarán carteras con分配s específicas para el éxito a largo plazo.
  • 🌐 La economía global está cambiando rápidamente, y las tecnologías新兴如 AI y blockchain están redefiniendo cómo se crea y se mantiene la riqueza.
  • 🚀 Bitcoin y la tecnología blockchain representan una oportunidad para aumentar la riqueza más allá de los rendimientos de las inversiones tradicionales.
  • 📊 La inflación real es mucho mayor que lo que reporta el gobierno, lo que significa que la mayoría de las inversiones tradicionales están perdiendo valor.
  • 🏗️ La estructura económica y gubernamental actual se construyó con tecnología del siglo XIX, pero estamos en el siglo XXI, lo que crea un desajuste entre las herramientas de producción y las de almacenamiento de riqueza.
  • 💡 La riqueza se puede construir y proteger mediante la creación de negocios, la optimización de la inversión en bienes raíces y el uso de Bitcoin como almacenamiento de valor.
  • 📚 El video ofrece una visión educativa sobre las finanzas y la inversión, inspirada en la presentación de Michael Saylor en la conferencia Bitcoin de Nashville.

Q & A

  • ¿Qué hace que los sistemas de inversion tradicionales estén desechando la riqueza actualmente?

    -Los sistemas de inversión tradicionales, como las acciones, bonos y bienes raíces, están desechando la riqueza debido a su naturaleza inflacionaria y obsoleta. Estos sistemas no se han adaptado a la rápida evolución de la economía y la tecnología, lo que los hace menos eficientes para el almacenamiento y aumento de la riqueza en comparación con nuevas formas de inversión como Bitcoin.

  • ¿Por qué Bitcoin es considerado una mejor opción de almacenamiento de valor en comparación con los activos tradicionales?

    -Bitcoin es visto como una mejor opción de almacenamiento de valor porque es descentralizado, inmutable, no necesita permisos para operar y tiene una oferta limitada de 21 millones de unidades. Estas características hacen que sea resistente a la inflación y la devaluación, aspectos comunes en monedas tradicionales y otros activos que disminuyen su poder adquisitivo con el tiempo.

  • ¿Cuál es la relación entre la inflación y la devaluación del dinero en las inversiones tradicionales?

    -La inflación se refiere al aumento en el volumen de dinero en circulación, lo que generalmente lleva a una disminución en el valor adquisitivo del dinero. En el contexto de inversiones tradicionales, la inflación resulta en una devaluación del dinero invertido, ya que el poder adquisitivo de los rendimientos o la propia inversión disminuye con el tiempo, lo que significa que están perdiendo valor real.

  • ¿Por qué es importante la estructura de la cartera en la nueva economía?

    -En la nueva economía, es crucial tener una cartera estructurada de manera estratégica para posicionarse para el éxito a largo plazo. Esto implica asignar activos a activos que pueden crecer en valor y mantener la riqueza, como Bitcoin, y otros que pueden ser utilizados para generar flujo de efectivo y eficiencia tributaria, como la inversión en bienes raíces.

  • ¿Cómo se puede proteger y aumentar la riqueza en el contexto de la nueva economía?

    -Para proteger y aumentar la riqueza en la nueva economía, es necesario adoptar una mentalidad abierta hacia nuevas tecnologías y activos, como Bitcoin, y estructurar una cartera que refleje esta nueva realidad. Esto incluye asignar activos a los que se espera que tengan un rendimiento superior al 'tipo de interés real', que incluye la inflación real y un margen de riesgo adecuado.

  • ¿Qué es el 'tipo de interés real' y por qué es relevante para los inversores?

    -El 'tipo de interés real' es el rendimiento mínimo que un inversor debe superar para mantener su poder adquisitivo después de compensar la inflación y los costos de capital. Es relevante para los inversores porque actúa como una referencia para evaluar si sus inversiones están creciendo a un ritmo suficiente para mantener o aumentar su riqueza real.

  • ¿Cómo se pueden utilizar las tecnologías emergentes para construir riqueza a largo plazo?

    -Las tecnologías emergentes, como la inteligencia artificial (AI), la blockchain y la automatización, pueden ser utilizadas para crear riqueza a largo plazo al permitir la creación de nuevos modelos de negocio, la optimización de procesos y la generación de ingresos a través de la innovación. Los inversores pueden posicionarse en esta nueva economía al invertir en compañías y activos que se benefician directamente de estos avances tecnológicos.

  • ¿Qué es la 'onda cuántica' y cómo afecta la inversión en activos?

    -La 'onda cuántica' o 'onda de技术创新' se refiere a un grupo de tecnologías que emergen y se desarrollan aproximadamente cada 50 años, lo que provoca un salto cuántico en la capacidad humana y el progreso económico. Esto afecta la inversión en activos porque introduce nuevos activos y sectores que pueden ofrecer rendimientos superiores a los tradicionales, al mismo tiempo que hace que los activos obsoletos sean menos atractivos a largo plazo.

  • ¿Por qué es importante la adaptabilidad en la inversión y la planificación financiera?

    -La adaptabilidad es crucial en la inversión y la planificación financiera porque el entorno económico y tecnológico está en constante cambio. Los inversores que pueden adaptar su estrategia a los nuevos paradigmas, como la adopción de nuevas tecnologías y activos, tienen una mejor oportunidad de proteger y aumentar su riqueza a medida que evoluciona la economía.

Outlines

00:00

💸 La verdad sobre Bitcoin y el colapso de los sistemas de riqueza tradicionales

El presentador, Mark Moss, inicia explicando cómo los sistemas de inversion tradicionales como las acciones, bonos y bienes raíces están desinflaciendo la riqueza de las personas y cómo esto afecta a la economía. Aborda la importancia de adaptarse a los cambios económicos y tecnológicos y presenta Bitcoin como una alternativa para acumular riqueza de manera más eficiente. Además, comparte su experiencia en conferencias y su enfoque en la educación financiera, y menciona su inspiración en la presentación de Michael Saylor en la conferencia de Bitcoin de Nashville.

05:01

🌐 La economía del siglo XXI y los desafíos de las tecnologías pasadas

Mark Moss discute cómo la economía actual se encuentra en el siglo XXI, con avances en inteligencia artificial y modelos de lenguaje, permitiendo la creación de negocios por parte de una sola persona. Sin embargo, señala que aún estamos atados a ideas y herramientas del pasado. Explica que la estructura económica y gubernamental actual se construyó con tecnología del siglo XIX, lo que limita nuestro potencial. A través del ejemplo de la Revolución Industrial y su impacto, Moss subraya la importancia de la tecnología en la evolución de la sociedad y la economía.

10:01

📈 La obsolescencia de los activos financieros tradicionales

El presentador explica que muchos de los activos financieros utilizados para almacenar riqueza, como el sistema contable y la bolsa de valores, tienen raíces en tecnologías muy antiguas. A pesar de los avances en tecnología que permiten transacciones instantáneas, el sistema financiero sigue utilizando métodos obsoletos. Moss argumenta que esto resulta en una pérdida de riqueza a través de la inflación y otros factores, y sugiere que es necesario adaptarse a nuevas formas de almacenar y multiplicar la riqueza.

15:02

💔 La lucha de la economía moderna con dinero y activos imperfectos

Mark Moss describe cómo la economía moderna está luchando debido a la moneda y los activos imperfectos, que son heredados de sistemas financieros obsoletos. Explica que la inflación, tradicionalmente definida como expansión del suministro de dinero, ha sido redefinida por las autoridades económicas, lo que lleva a una percepción distorsionada de la realidad. Además, destaca la lentitud y la ineficiencia en el sistema financiero actual, comparando el tiempo que toma con los métodos de transacción antiguos.

20:02

🏠 La realidad del mercado inmobiliario y otros activos físicos

El presentador analiza el rendimiento de diferentes activos a lo largo del tiempo, incluyendo la inflación en la moneda argentina, el desgaste de los activos físicos como la plata y el oro, y el costo de mantener bienes raíces. Moss señala que, a pesar de los altos precios en el mercado inmobiliario, en realidad, ajustados por la inflación real, los precios de las casas han disminuido en términos de poder adquisitivo. Aboga por la necesidad de entender las verdaderas tasas de inflación y de buscar activos que preserven el valor frente a la devaluación monetaria.

25:02

🚀 Bitcoin como activo disruptivo en el mercado financiero

Mark Moss examina el rendimiento de Bitcoin en comparación con otros activos financieros a lo largo de los últimos 14 años, destacando su superioridad como almacenamiento de valor. Argumenta que, a pesar de los altibajos del mercado, Bitcoin ha demostrado ser una inversión rentable y sugiere que aún hay mucho potencial de crecimiento. Además, utiliza la teoría de la difusión de la innovación para explicar el ciclo de adopción de tecnologías y cómo Bitcoin está en una fase temprana de su crecimiento, lo que implica oportunidades futuras.

30:05

💹 La valorización de Bitcoin y su potencial en el mercado global

El presentador discute estrategias para valorar Bitcoin y su potencial en el mercado global, comparando su tamaño actual con el potencial de crecimiento en comparación con otros activos. Moss sugiere que, si Bitcoin captura solo un pequeño porcentaje del mercado de activos de almacenamiento de valor a nivel global, podría alcanzar valores significativamente más altos. Explora diferentes escenarios de adopción y su impacto en el precio de Bitcoin, proponiendo que, incluso con una pequeña penetración en el mercado, el potencial de ganancias es sustancial.

35:06

💡 La importancia de la innovación tecnológica en la creación de riqueza

Mark Moss enfatiza la importancia de la innovación tecnológica en la creación de riqueza, destacando la diferencia entre los activos y las industrias que se construyen alrededor de estos. Aborda la revolución que está ocurriendo con Bitcoin y la tecnología blockchain, y cómo esta puede ser la base para una nueva era de innovación y riqueza. Además, ofrece consejos sobre cómo optimizar la inversión y el uso de Bitcoin como almacenamiento de valor, en lugar de otros activos tradicionales.

40:06

💼 Estrategias de ahorro y inversión para la nueva economía

El presentador comparte su enfoque sobre cómo deberían gestionarse las finanzas en la nueva economía, utilizando Bitcoin como principal forma de ahorro y la tecnología blockchain para la inversión. Moss sugiere estrategias para ahorrar y invertir en Bitcoin, y cómo esto puede resultar en una acumulación significativa de riqueza a largo plazo. Finalmente, ofrece recursos adicionales para aquellos interesados en aprender más sobre la economía del siglo XXI y las oportunidades de inversión en activos disruptivos.

Mindmap

Keywords

💡Bitcoin

Bitcoin es una moneda digital y una red de pagos peer-to-peer que opera sin una autoridad central o administración centralizada. En el vídeo, se presenta a Bitcoin como una mejor forma de almacenar valor y multiplicar la riqueza más rápido que cualquier inversión tradicional, destacando su papel en la economía emergente y su capacidad para transformar la gestión de la riqueza.

💡Economía tradicional

La economía tradicional se refiere al sistema económico basado en prácticas y teorías establecidas, como las inversiones en acciones, bonos y bienes raíces. En el vídeo, se argumenta que estas formas de inversión están desechando la riqueza de las personas y están en declive debido a la aparición de nuevas tecnologías y sistemas económicos.

💡Riqueza

Riqueza en el contexto del vídeo se refiere a la capacidad de un individuo o entidad para generar ingresos y acumular activos a lo largo del tiempo. Se discute cómo los sistemas económicos tradicionales están socavando la acumulación de riqueza y cómo Bitcoin puede ofrecer una solución para proteger y aumentar la riqueza.

💡Inflación

La inflación es el proceso por el cual los precios de bienes y servicios aumentan con el tiempo, lo que reduce el poder adquisitivo del dinero. En el vídeo, se explica cómo la inflación está erosionando la riqueza de las personas que confían en divisas tradicionales y cómo Bitcoin puede ofrecer una medida de protección contra esta devaluación.

💡Tecnología blockchain

La tecnología blockchain es la base subyacente de Bitcoin y es una cadena de bloques de registros descentralizados que保证了事务的透明idad y seguridad. En el vídeo, se menciona la tecnología blockchain como una innovación disruptiva que puede revolucionar la forma en que se almacena y se gestiona la riqueza.

💡Portafolio estructurado

Un portafolio estructurado se refiere a una colección diversificada de inversiones diseñada para lograr objetivos financieros específicos, como el crecimiento de la riqueza o la preservación del valor. En el vídeo, se sugiere que la estructuración de un portafolio con Bitcoin puede posicionar a los inversores para el éxito a largo plazo en la nueva economía.

💡Valor store

Un almacén de valor es un activo que mantiene su valor a lo largo del tiempo, a menudo utilizado como una medida de seguridad en las finanzas personales y corporativas. En el vídeo, se discute cómo Bitcoin puede actuar como un almacén de valor superior a las divisas tradicionales y otros activos.

💡Inversión vs. ahorro

La inversión implica poner dinero en algo con la esperanza de obtener un retorno, mientras que el ahorro implica mantener dinero fuera del sistema económico para futuras necesidades. En el vídeo, se argumenta que mientras la inversión puede generar riqueza, el ahorro en Bitcoin puede ser una estrategia eficaz para proteger y multiplicar la riqueza en la nueva economía.

💡Diversificación

La diversificación es una estrategia de inversión que implica distribuir los activos entre una variedad de clases de activos, con el objetivo de minimizar el riesgo. Aunque se menciona la diversificación en el vídeo, se argumenta que muchas estrategias de diversificación tradicionales están obsoletas y que la inclusión de Bitcoin puede ser una forma más eficaz de proteger y aumentar la riqueza.

💡Inflación monetaria

La inflación monetaria se refiere al aumento en el suministro de dinero que lleva a una disminución en el valor del dinero. En el vídeo, se explica cómo la inflación monetaria está socavando la riqueza de los inversores en activos tradicionales y cómo Bitcoin, con su suministro limitado, puede ofrecer un refugio contra esta devaluación.

Highlights

Bitcoin与传统投资相比,不仅是更好的价值储存手段,还能更快地增加财富。

传统财富系统如股票、债券、房地产正在悄然侵蚀你的财富。

经济和我们财富积累的衰退,部分原因是对过时系统的坚持。

比特币的未来价格预测及其在新经济中的作用。

通过特定配置构建投资组合,为新经济中的长期成功定位。

Albert Einstein的故事强调了信息更新时改变思维的重要性。

经济和市场是基于过去模式的预测,但新模式正在出现。

21世纪经济中,技术和组织方式正在发生快速变化。

历史上大约每50年有一次技术大跃进,我们现在正处于第六次。

我们正处于信息时代,不再需要工业时代的大型工厂和设备。

现有的金融资产建立在过时的技术之上,与现代经济脱节。

全球资产分布显示比特币虽然小,但具有巨大潜力。

货币贬值和税收是传统资产损失的主要原因。

比特币作为新型数字资本,具有无可比拟的存储价值优势。

比特币的增长潜力与其他资产类别相比具有显著优势。

通过投资比特币,可以实现财富的长期保护和增长。

比特币的采用曲线预示着未来巨大的增长潜力。

在新经济中,比特币和AI等技术将推动产业和财富的变革。

Transcripts

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the truth about Bitcoin and why old

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wealth systems are dying fast now today

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we're going to dive into the cold hard

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facts about why the traditional

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Investments that most people rely on

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like you know stocks bonds real estate

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why they're quietly draining your wealth

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and why this is crippling the economy

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and more importantly what you can do

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about it now this is from a live

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presentation that I just recently gave

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to thousands of people at a business and

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investing conference called Limitless

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now these attendees they paid thousands

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of dollars to be there but you're going

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to get this presentation for free so

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join me as I'm going to break down how

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much money you're likely losing every

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year by sticking to these outdated

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systems why this is crippling the

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economy and our wealth accumulation why

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Bitcoin is not just a better store of

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value but it's a way to multiply your

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wealth faster than any traditional

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investment and we're going to break down

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the future price projections for Bitcoin

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and even more importantly I'm going to

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show you how you can structure a

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portfolio with specific allocations to

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position yourself for long-term success

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in the new economy now by the end of

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this video you're going to have the

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knowledge you're going have the strategy

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you need to protect and grow your wealth

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and potentially set yourself up for

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lifechanging gains now real quick if

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you're new to the channel my name is

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Mark Moss I've been making Financial

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education for about seven years I'm

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coaching investors I run a Bitcoin

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focused VC hedge fund also I do want to

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say that this video was inspired by

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Michael sailor's presentation at this

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year's Bitcoin conference in Nashville I

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was also a speaker at the event I

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presented on the main stage right before

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Donald Trump was on and I've used some

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of the slides from Sailor presentation

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now if you want to watch his whole talk

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which I recommend I'm going to put a

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link to it in the description down below

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but otherwise let's just jump right into

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it thank you for that thank you for that

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my new best

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friend all right so before we get into

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the meat of this here let's just break

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down a couple things so let me tell you

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a story anybody ever heard of Albert

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Einstein a few of you like one of the

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smartest guys that ever lived right so a

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lot of you maybe remember him from being

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like an ventor discovering things but he

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was actually a university Professor back

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when universities kind of were useful

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and helped people so he was this

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University professor and of course as a

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professor he had an assistant and every

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year he would give out this test to his

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students but what happened is each year

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he gave out the same test like the exact

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same test with the exact same

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questions this is Einstein I mean he

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super smart but his assistant's

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like does he know what he's doing cuz

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like these are the same questions that

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were on the test last year so sheepishly

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the assistant goes up to Einstein and

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tugs at him and says hey you know I know

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you're super smart and I'm not so I I

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hate to say this but do you realize that

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you gave out the exact same test that

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you gave out last year and Einstein

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replies yeah of

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course to which the assistant was

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puzzled and says but what do you mean of

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course like don't you think that the

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students from last year have the answers

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and they're going to give them to these

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students and then they're they're going

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to have all the answers and Einstein's

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yeah he says yeah but the answers have

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changed and what that means is that we

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make the best decisions that we can with

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the information that we have at that

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time but when new information comes we

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have to be willing to change our mind

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and things that we think were a certain

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way can become something different but

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when we're stuck in this old Paradigm

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constantly using old answers and old

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questions to Define our future we lose

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sight of the opportunities I have right

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in front of us and so when we think

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about the way the economy works and the

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way the markets work and the way money

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works and all of these things that is

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true and that is factual and that's how

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it works or it worked in the past but it

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doesn't mean that it's always going to

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be that way in the future so I tell you

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that story only to hopefully open up

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your mind a little

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bit it's very difficult to be in an

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existing

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system and try to imagine a new system

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at the same time but if you want to have

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success in the world we have to put

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ourselves in that in that set mindset

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because markets at the end of the day

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are forward-looking they're betting

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mechanisms discounting mechanisms right

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we are trying to position ourselves into

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an asset that we think will be more

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expensive in the future hopefully or if

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we're shorting hopefully cheaper in the

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future so we're always trying to guess

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that and so you need to be open-minded

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okay so we're going to talk about that

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make sense okay so we're going to talk

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about the the new economy blueprint not

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the old economy we're going to talk

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about the new economy blueprint uh how

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we can utilize Bitcoin technology to

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build lasting wealth does that sound

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good like generational wealth all right

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I am at a point in my life where you

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know just like you my the things I focus

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on have changed my kids are getting

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older now so I'm starting to think about

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how do I pass down wealth we've recently

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set up a trust I set up a family

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Constitution and I've set up protective

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measures to make sure even my K great

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grandkids can't sell stuff it's another

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topic but we're talking about building

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lasting wealth okay so we are in the

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21st century economy things are

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happening fast if you haven't noticed we

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got Ai and large language models and we

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can now have one person businesses that

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can do the work of many people no longer

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are the days where we need these giant

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corporations and these big equipment we

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can just now grab a laptop and hop on a

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plane to pad Del Carmen and start a

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business so we're in the 21st century

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economy but the problem is that we're

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still held back by old

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ideas and so we're trying to build this

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future world but with old

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tools now it's easy to see the old world

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because we're looking backwards on it

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it's much harder to imagine the future

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but we can see that the old world had

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this old economy and this old economy

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was built on 19th century

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technology as a matter of fact the

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entire economy and government structure

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that we have today was built for a world

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that's no longer here

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if you look back to thousands of years

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of History you'll see it's always

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technology that changes the world it

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changes the way that we communicate

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changes the way that we

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organize and an example of that

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technology can be either centralizing or

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it can be decentralizing so in the

play06:15

industrial revolution we all of a sudden

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had mechanized machines that could do

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the work of 5,000 men no longer do we

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need 5,000 men in the field let's bring

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all those men and put them into a

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factory very centralizing and then as

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that mechanized that Industrial

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Revolution World continued on then it

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wasn't enough to just be in a city you

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needed to be in America you had to be in

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Chicago or New York then we had mass

play06:34

production Henry Ford created mass

play06:35

production with the automobile and then

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everybody went into factories and now we

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had everybody working on an assembly

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line smart and dumb people were evil e

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even equal on an assembly line so now we

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had the masses working so we had to come

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up with a new management structure to

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manage the masses but then we had to

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come up with a government structure to

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manage the mass managers of the mass

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production but today we're no longer in

play06:56

that world I'll break down the world

play06:58

that we are but to give you an example

play07:00

in the Industrial Age we had the

play07:02

technological Revolution so we had the

play07:03

loom now when the loom came out people

play07:05

used to make tapestries by hand then the

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loom the power loom made it much easier

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the leites they hated that you ever

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heard of the leites anybody you heard

play07:12

heard that term the leites were a group

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of people that were afraid of the power

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loom because the power loom was going to

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put a whole bunch of people out of work

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oh no what will all these people

play07:21

do turns out they do higher value tasks

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like you know science and medicine

play07:25

things like that that were important we

play07:27

had the the original Railroad the steam

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engine all of a sudden now this

play07:31

revolution we could move stuff across

play07:33

continents we could never do that before

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of course we had the automobile but

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those were all from the Industrial Age

play07:39

and the way this works is about every 50

play07:41

years we have what's called a Quantum

play07:43

Leap Forward a Quantum wave as I like to

play07:45

call it maybe you've heard it as a conve

play07:47

wave a kwave but about every 50 years we

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have this big technological leap leap

play07:53

forward and it's not one technology but

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it's a cluster of technologies that

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happen at the same time and they do two

play07:59

very important things for our

play08:00

conversation today number one they

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changed the course of humanity for all

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of humanity all of humanity we walked

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and now we had automobiles that was

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massive it was a big shift and we

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couldn't imagine all the things that

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would happen by having automobiles like

play08:14

having self-driving cars that are hooked

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to something called the cloud us

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something called social media and we

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could never imagined that because we

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didn't have a

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car but we do now we we can see that

play08:23

we've had about five of these so far and

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we are now entering the sixth so if you

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want to know where the world going and

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you want to invest properly and you want

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your money to grow and you want to be

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successful and prosperous you have to

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understand this map and understand

play08:36

there's a new economy being built okay

play08:38

so we're going into the sixth one right

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now and we're leaving and this is the

play08:41

key piece we've left the Industrial Age

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if you haven't been aware we're now in

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What's called the information age and

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the reason why this is important is we

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don't need big factories as I said

play08:51

before now a kid with a laptop or now a

play08:53

kid with an Instagram account can make

play08:55

100 Grand a month no problem it's a

play08:57

different world

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and again we are in a new world with new

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building blocks with new tools to go

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build new things but we're still

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operating with the tools of the past

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like our assets for example all of our

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financial assets the way that we build

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wealth the way that we store wealth the

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way that we transact wealth is from a

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world that's no longer relevant

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today what do I mean by that what do I

play09:23

mean by that we have technology that's

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completely revolutionized like I said

play09:28

autonomous vehicles driving around on

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something called a cloud but yet we're

play09:32

using old assets like The Ledger that

play09:34

was created in in the

play09:37

1500s by lucali in Venice Italy and it

play09:41

was a breakthrough in technology and it

play09:43

was called The Ledger and double entry

play09:45

accounting you see up until that point

play09:47

they use gold for money if I had the

play09:49

gold everyone knew I had the gold and if

play09:51

I gave the gold to you everybody knew

play09:52

you had the gold but the problem gold is

play09:54

very slow to move around the world very

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heavy very clunky I could get robbed I

play09:58

could lose it in the ocean who know

play09:59

knows whatever and so we had a better

play10:01

way how about you give all the gold to

play10:03

this person and he'll just keep a ledger

play10:06

and he'll just say oh take it off Mark's

play10:07

tally and put it on your

play10:10

tally it seems pretty archaic looking

play10:12

backwards on it and it should be because

play10:14

it was created in the 1500s we didn't

play10:16

have a computer to do this they do this

play10:17

by hand but yet that's the same thing

play10:19

we're using today we're still using

play10:21

Ledger money we're still relying on a

play10:25

person to keep track of what's in my

play10:27

account and what's in your account same

play10:29

thing as we've always done so we've had

play10:31

all this progress for 600 years we can

play10:34

have instant transaction time anywhere

play10:36

in the globe but yet our money system is

play10:39

still using a system from 1500 ago 1500

play10:42

okay that seems like a problem what

play10:44

about other assets well did you guys

play10:47

know that equities stock the stock

play10:50

market was created in the 17th

play10:53

century so most of you well probably not

play10:56

in this room we have more of a smarter

play10:57

room business owners real estate

play10:59

entrepreneurs but the majority of the

play11:01

world has their paycheck direct

play11:03

deposited every two weeks and it goes

play11:05

into an S&P 500

play11:07

Index going into the same 17th

play11:10

technology that we had hundreds of years

play11:13

ago it's no wonder that people that are

play11:15

invested into the S&P 500 every single

play11:17

day thinking that one day they'll retire

play11:19

find themselves unable to retire it's no

play11:21

wonder that half of the homeless

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population today are baby boomers

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half cuz they're in investing their

play11:30

money and using a system from 5 or 600

play11:32

years ago not realizing that there's

play11:35

this whole new world unlike Einstein

play11:37

they don't realize the answers have

play11:38

changed now let's talk about the new

play11:41

future and we'll talk about some of

play11:42

these problems and solutions that we

play11:44

have this is sort of Representative of

play11:46

all the global Assets in the world about

play11:49

$900 trillion it's a big number we get

play11:53

numbed by these numbers these days I

play11:54

don't even know what that means anymore

play11:55

900 trillion that's a big number about

play11:57

330 trillion in real estate who's

play12:00

where's my Real Estate

play12:02

Investors all right most of you guys

play12:04

good 330 trillion it's the biggest

play12:06

sector as you can see Bond the bond

play12:09

market the bond market is sort of the

play12:11

global asset Market that's where

play12:12

governments and Nations hold their

play12:14

wealth and the bond market 300 trillion

play12:16

real estate's bigger money currencies

play12:19

dollars Etc about 120 trillion equities

play12:22

the stock market public markets right

play12:24

115 trillion cars collectibles a lot of

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rich people store their wealth in

play12:28

collect Fine Art things like that

play12:30

jewelry about 6 trillion art 18 trillion

play12:33

gold about 16 trillion any gold bugs out

play12:36

there I used to be a gold bug now I

play12:38

consider myself a sound money Advocate

play12:39

we'll come back to that uh about 16

play12:41

trillion in gold and there this little

play12:43

tiny little beast all the way in the top

play12:45

leftand corner you can barely see it and

play12:47

that's Bitcoin the little asset that

play12:50

could one trillion right there when you

play12:53

compare it to the rest of the world it

play12:54

is just nothing it's like a speck it's

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not even a drop in the ocean

play13:01

now if we break this down we understand

play13:04

that we can really separate these Global

play13:06

assets the store of value into two

play13:07

different sectors so we can really break

play13:09

this down between assets that are being

play13:11

held for utility such as your home such

play13:14

as the warehouse for your business of

play13:16

course you need that there's utility

play13:18

there but then we also there's about 450

play13:21

trillion in those types of assets for

play13:24

utility but then we have assets that all

play13:26

they do is hold

play13:28

wealth most people I'm sure everybody in

play13:30

this room is smart enough to know that

play13:31

you don't hold your life savings in

play13:33

dollars in the bank you put them into

play13:36

real estate or stocks or all those

play13:38

assets that we've seen so about half

play13:40

about 450 trillion is what we call

play13:41

long-term capital or S so store value

play13:46

all right so what we want to talk about

play13:47

is not the utility of course we're

play13:48

always going to need a warehouse and

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we're always going to need a house of

play13:51

course we're always going to need those

play13:52

things but the 450 trillion that's

play13:55

long-term capital we can put that

play13:57

wherever we want and what I learned

play13:59

early on in my investing career that

play14:01

served me very well is a saying that

play14:03

money goes where it's treated best so

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sure I certainly need my utility like my

play14:09

home I didn't buy my home as a financial

play14:10

decision I wanted that house for my kids

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I don't care about the price of that

play14:14

home but for but for long-term storage

play14:17

of capital I care I care about what I I

play14:20

want to make sure it's treated best and

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treated best might mean where it gets

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the best rate of return where it's the

play14:24

safest where it can't be diluted where I

play14:27

could move it if I want where it's a uh

play14:29

you know has tax advantages things like

play14:31

that will'll break this down but the

play14:33

problem that we have right now and

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you've been up here hopefully probably

play14:36

bored to death listening to a bunch of

play14:37

these speakers explaining the inner

play14:39

spaghetti workings of this financial

play14:43

system what the heck is all this and

play14:45

this plumbing and this means that and

play14:48

what the system has gotten so complex

play14:51

over time that George gamon is one of

play14:54

the most knowledgeable people of the

play14:55

inner workings and the plumbing of the

play14:57

financial system Maybe he could go toe

play14:59

totoa zultan posar and there's maybe

play15:01

half a dozen people in the world that

play15:03

understand it not even Biden's economic

play15:06

adviser can tell you how money gets made

play15:09

do you guys see that

play15:12

video and the economy today is

play15:14

struggling because of this we have this

play15:17

modern economy with revolutionary

play15:20

technology and H

play15:22

spaceships I got my wife this new

play15:24

Navigator it like drives by itself I

play15:26

have these seat heaters and it massages

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me while I'm driving I feel like man

play15:29

like I kind of made it like I don't know

play15:31

what kind of we have this we have this

play15:32

amazing world and this economy but it's

play15:34

being held back because we have

play15:36

imperfect money and assets because we're

play15:38

using a system from 600 years ago you

play15:41

would think it would catch

play15:44

up

play15:46

right again back in the old days things

play15:50

were slow like I had to get in my wagon

play15:51

and I had to go three hours to town to

play15:54

get something but today I push a button

play15:56

on Amazon I have instant transaction but

play15:59

the settlement of the transaction still

play16:02

today takes at least three days to get

play16:04

money in my account but ultimately that

play16:06

money could be clawed back six months

play16:07

from now so there's no final settlement

play16:09

six

play16:10

months I could get in a horse and buggy

play16:12

and drive my gold to New York faster

play16:13

than that so let's talk about the

play16:16

financial assets that we use to store

play16:19

our wealth we're not talking about

play16:20

utility we're talking about store value

play16:21

assets so we have different assets that

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we might use let's just run through a

play16:25

few I'm have to probably go a little bit

play16:27

quick here I don't know how long this

play16:28

Talk's going to be so in Argentina you

play16:30

guys are probably aware of what's going

play16:31

on down there massive amounts of

play16:33

inflation they've been having triple

play16:34

digit inflation for a couple of years if

play16:36

you choose to store your wealth in the

play16:38

Argentine peso with the rate of

play16:40

inflation you will lose half of your

play16:42

money in 3.6

play16:45

months now when I say half of your money

play16:48

if I put a 100,000 in Argentine pesos in

play16:52

three and a half months I'll still have

play16:53

100,000 Argentina pesos they just buy me

play16:57

half as much right you follow me on that

play17:00

okay it's not that I'm losing the pesos

play17:02

the the the volume the the amount of

play17:05

currency it's the power the purchas

play17:06

power of that so in Argentina I'll put

play17:09

100,000 in Argentina peso in three and a

play17:10

half months it buys me $50,000 worth of

play17:12

goods and services that sucks I wouldn't

play17:15

want that what about the US dollar the

play17:19

US dollar has been inflating at 7% a

play17:22

year for the last 100 years since 2019

play17:25

it's been debasing or inflating at 10%

play17:29

since 2019 that means if I put $100,000

play17:33

in into the bank in US dollars in 6 and

play17:36

a half years it buys me $50,000 worth of

play17:38

goods and services that's not very good

play17:42

what about us treasuries that's the

play17:44

reserve asset of the world it's the

play17:48

Bedrock of the entire Global Financial

play17:51

system every country in the world when

play17:54

you have hundreds of billions of dollars

play17:55

you put them into us treasuries

play17:59

but yet again they're inflating at 10%

play18:03

per year so these governments that are

play18:05

putting hundreds of billions of dollars

play18:06

in in now 19 years they've lost half

play18:10

their wealth 19 years you've lost half

play18:13

your

play18:16

wealth that means in 30 years you've

play18:18

lost it all but it's even worse than

play18:21

that it's not like on year 30 it's gone

play18:24

it's being lost all along the way now we

play18:27

can see this the S&P 500 we can just

play18:31

direct deposit in the S&P 500 Index and

play18:33

it looks like nominally on paper the SPX

play18:36

is at all time highs oh my gosh I'm so

play18:38

rich but I feel poor and the reason why

play18:41

is when you adjust it for the monetary

play18:43

inflation we can see that the S&P 500 is

play18:46

actually down 22% since the 2000.com

play18:50

bubble that means that your S&P 500

play18:52

Index account though it looks like

play18:53

you've made a lot of money hasn't

play18:55

actually ever even reclaimed its high

play18:57

that it was in the year 2000

play19:00

which is why on paper it looks like you

play19:02

should be getting rich but it's also why

play19:05

50% of the homeless population is Baby

play19:06

Boomers now inflation is just the start

play19:10

every time that money moves you pay you

play19:13

pay taxes every time that money moves

play19:15

you're paying tariffs on stuff that

play19:16

comes in the country and tolls and

play19:17

transfers you got to pay for insurance

play19:19

uh we're going to get the gold don't

play19:21

worry but you got to pay for storage I

play19:22

got vat tax excise you name it dividend

play19:26

taxes inheritance property

play19:29

taxes everywhere I twist and turn

play19:32

they're taking money from me now what

play19:34

about physical assets let's take a look

play19:37

now physical assets degrade from the

play19:39

laws of entropy the law of entropy says

play19:41

that anything left alone will fall apart

play19:45

basically so it takes effort energy to

play19:48

force order otherwise like you built a

play19:49

house you leave it alone for 50 years

play19:51

the house falls apart uh if you don't

play19:53

dieet and exercise you get out of shape

play19:55

right that's the law of entropy so we

play19:56

can look at Silver now when we look at

play19:58

physical Metals we have something called

play20:00

a stock to flow ratio the stock the

play20:02

existing supply to the flow the new

play20:04

incoming Supply so gold and silver

play20:06

they're constantly bringing gold and

play20:07

silver out of the ground right so the

play20:10

stock to flow on Silver is 22 which

play20:11

means it's inflating at a rate of 4.5%

play20:14

per year 4 and a half% more new supplies

play20:18

coming to the market every every year

play20:20

what does that mean that means that

play20:21

silver has a half life of 22 years that

play20:24

means if you put $100,000 into silver in

play20:27

22 years it buy giv you $50,000 worth of

play20:30

silver gold stock to flow ratio of 62

play20:33

it's the hardest

play20:35

asset until Bitcoin just had its happing

play20:37

last year now bitcoin's harder we'll

play20:38

come back to that Gold's 1.6 which means

play20:41

gives you a 40-year half life but what

play20:43

about my real estate

play20:45

Mark homes you guys are Real Estate

play20:48

Investors I don't have to tell you this

play20:49

you probably know it's about 6% a year

play20:52

for your property taxes your insurance

play20:55

your maintenance your repairs your

play20:57

whatever

play21:00

6% gives you a half life of about 17

play21:05

years but Mark you don't understand that

play21:08

K Shiller index says I'm at all-time

play21:09

highs yeah we'll come back to that what

play21:11

about warehouses well again we need

play21:13

warehouses but about every 40 50 years

play21:15

they have to be

play21:17

rebuilt so you start to see when we look

play21:19

at assets that we would store wealth and

play21:21

not in utility assets but in store value

play21:23

assets we don't actually have a whole

play21:25

lot of good options it seems like no

play21:28

matter where I put my money it's losing

play21:30

money faster than I'm making it almost

play21:33

and it gets worse sorry it's going to

play21:36

get better do you guys want to get

play21:38

better okay but we got to get worse

play21:40

first okay so here's the problem all of

play21:44

you guys are being lied to by your

play21:45

government do you know that what they've

play21:47

done is they've changed the definition

play21:49

of the word inflation you see up until

play21:51

the 1950s inflation meant like a balloon

play21:54

I inflate the volume the volume of air

play21:56

increases in a balloon inflation used to

play21:58

be when I increased the money supply the

play22:00

supply of money but what they did in the

play22:02

1950s they changed it to CPI Consumer

play22:04

Price inflation so now supposedly

play22:06

inflation means the price of goods going

play22:08

up but I don't know Mark because you

play22:10

know TVs and electronics have gotten

play22:12

cheaper but you know healthare has

play22:13

gotten more expensive there's no Rhyme

play22:15

or Reason why these different prices are

play22:16

moving differently we don't we don't

play22:18

know what the cause of inflation is

play22:20

that's why they changed it the problem

play22:22

with that is that most people are using

play22:24

the CPI adjusted number so you look at

play22:26

we'll come back to it so the real number

play22:28

number that we need to beat is not CPI

play22:31

anybody know what a hurdle rate is any

play22:33

business owners know what a hurdle rate

play22:34

is okay hurdle rate is if I borrow money

play22:37

for my business to buy a new piece of

play22:39

equipment or bu buy a new building for

play22:42

my business I have to borrow that money

play22:44

I'm paying an interest rate I'm paying

play22:46

6% I have to make more than the 6% to

play22:50

make that worth it that's the hurdle

play22:51

rate does that make

play22:52

sense so the hurdle rate is the cost of

play22:55

the capital plus you have to attach a

play22:57

risk premium what if that piece of

play22:58

equipment doesn't work out what if my

play23:01

business goes down and I'm stuck with

play23:02

this building so you have to add the

play23:03

weighted average cost of capital plus a

play23:05

risk premium that's the number we have

play23:07

to beat so in our own investing in our

play23:09

own life Financial life what's our

play23:12

hurdle rate well the government want to

play23:14

tell you it's the CPI about 3% but

play23:17

that's a lie the real hurdle rate is the

play23:21

rate of real inflation which is monetary

play23:23

debasement or monetary expansion so what

play23:26

we have here is a chart on the right of

play23:27

the m to money supply and you can see

play23:30

since July of 2019 it's going up like a

play23:33

not quite a hockey stick I'm not sure

play23:35

what that shape is uh it's averaging 19

play23:38

I'm sorry

play23:39

10% so we want to attach

play23:42

10% plus the 3% of cost of goods going

play23:45

up plus remember we have to add a risk

play23:47

premium I'm putting 2% it's probably

play23:50

much higher than that we're in a pretty

play23:51

risky time right now so let's say it's

play23:54

15% so what this means is if your

play23:56

Investments aren't making at least 15%

play23:59

you're actually losing

play24:01

money anybody ever seen that number

play24:05

before what you've been told is you can

play24:07

park it in us treasuries at 5%

play24:09

inflation's 3% you have a 2% spread

play24:13

you're doing

play24:14

great it's not true sorry to break it to

play24:18

you but it gets worse now if we look at

play24:21

real estate everyone's like oh real

play24:24

estate's in this big bubble it's a

play24:25

bigger bubble than it was in 2008 it's

play24:27

ready to crash oh my God go no it's not

play24:30

it's not in a bubble at all the bubble

play24:32

is in the denominator the bubble is not

play24:35

the price of the home the bubble is in

play24:37

the US Dollars it's priced in so what we

play24:40

have right here is a chart the red line

play24:42

is the case Shiller index for the median

play24:44

us real estate the blue line is the M2

play24:47

money supply you can see in 2008 there

play24:50

was a price bubble right you can see

play24:52

that clearly what does it look like

play24:54

we're in today does that look like a

play24:56

bubble home prices are nowhere near

play24:59

where they were when you adjust it for

play25:02

the real hurdle rate of the rated to

play25:03

basement let's look at it from another

play25:04

way since 1968 anybody know why I go

play25:07

back to

play25:09

1968 anybody come on

play25:13

huh what gold stand the gold standard we

play25:17

got off the gold standard in 19 in 1971

play25:20

right so we have to go back previous to

play25:22

that date so since 1968 us median home

play25:26

prices are up 2,000%

play25:29

woohoo except for when I adjust it for

play25:32

inflation or CPI it's only up

play25:35

135% that's what the government tells us

play25:37

but remember that's the wrong number

play25:40

when I adjust it for the monetary

play25:43

expansion real inflation home prices are

play25:46

down

play25:49

45% I know it's

play25:51

terrible it's terrible you just can't

play25:53

win in this game the game is rigged

play25:55

against you what are we going to do

play25:58

don't worry we got good news but more

play26:00

bad news first when we look at all the

play26:02

financial assets classes in the world

play26:04

over the last 14

play26:06

years we got uh Bitcoin at the top

play26:09

NASDAQ uh S&P we got gold okay the best

play26:13

performing asset class not individual

play26:15

stock but best asset class Nvidia has

play26:18

been a great performing stock but it's

play26:19

not an asset class on its own it's part

play26:20

of the NASDAQ now the best performing

play26:22

asset class has been Bitcoin over the

play26:24

last 14 years it's averaged about 150%

play26:28

pretty good the NASDAQ is number two and

play26:31

it's average

play26:33

17.4% that beat the hurdle rate so if I

play26:36

would have owned the NASDAQ I would have

play26:38

beat the hurdle rate and I would be

play26:40

looking pretty good the bad news is

play26:43

every other asset was less than the

play26:46

hurdle rate every other one gold 2% now

play26:51

in all fairness Gold's popped over the

play26:53

last year so this chart should probably

play26:54

be revised Gold's a little bit higher

play26:56

than that today um but you can see the

play26:59

SPX is 12.5% the SPX moves up at the

play27:03

rate of monetary expansion the SP 500 so

play27:07

then then you would ask yourself a

play27:08

question why would I put build a

play27:10

diversified

play27:12

portfolio and diversify into a whole

play27:14

bunch of things that are losing to the

play27:16

hurdle rate that doesn't seem like

play27:18

that'd be the smartest decision so

play27:20

there's two asset classes that have beat

play27:22

the hurdle rate number one we have

play27:24

Bitcoin it's the number one asset uh we

play27:28

I gone back to the start of 2020 here

play27:30

and I don't want to say that I'm

play27:31

cherry-picking data I could go back to

play27:33

when Bitcoin was founded but it was so

play27:35

explosive in the beginning it sort of

play27:37

distorts it in my opinion I want to be a

play27:38

little bit more intellectually honest

play27:39

with you guys so I've chosen a four-year

play27:41

period which is a pretty big period if

play27:43

we go back to the start of 2020 and that

play27:45

was also when the pandemic happened the

play27:46

world reset and what we can see is that

play27:48

Bitcoin is up 900% in four

play27:52

years now the second best performing

play27:55

asset is the NASDAQ and it's up 98% in

play27:58

the same period pretty good it's beating

play28:02

the rate of monetary expansion but

play28:04

here's where it gets interesting right

play28:06

everything is a trade so I price a home

play28:08

in US dollars I could also price a home

play28:10

in how many barrels of oil how many

play28:12

ounces of gold how many Bitcoin how many

play28:15

tons of rice right I could everything's

play28:17

a trade so if I compare what is the

play28:19

NASDAQ priced in Bitcoin

play28:22

terms it's down

play28:25

80% so my second best option to store my

play28:28

wealth the only two that are beat in the

play28:31

hurdle rate the second best one is

play28:33

actually down 80% when priced in the

play28:35

first one so what we know is that

play28:37

Bitcoin is this new monetary Capital

play28:40

this new digital capital for the for the

play28:41

future it's immaterial right we're in a

play28:44

digital world we've immaterial

play28:46

everything books music movies they're

play28:49

all immaterial we don't have those

play28:50

physical I mean sure there physical but

play28:52

most of it's digital today right it's

play28:54

Immortal it can last forever unlike that

play28:56

warehouse that has to be built in 40

play28:58

years or my home that needs the required

play29:00

maintenance it's immutable no one can

play29:03

change it no one can take it no one can

play29:06

dilute

play29:09

it and so now the question that maybe a

play29:11

lot of you guys are asking that I get

play29:12

asked all the time is Mark isn't it too

play29:14

late though I mean you just you just set

play29:16

it yourself Mark that you didn't go back

play29:18

to the old data because then it makes

play29:19

the returns look too crazy so those

play29:21

returns are crazy there's no way we can

play29:22

ever expect that in the future right I

play29:24

should probably go find some dog meme

play29:26

coin that's going to do more because

play29:28

there's no way Bitcoin is going to go up

play29:29

it's too late you just showed me

play29:31

that let's take a look at that so

play29:35

compared to

play29:36

what right now we can see again since

play29:39

2020 Bitcoin has been averaging since

play29:41

2020

play29:42

55% returns every single year in the

play29:45

same time period the S&P 500's up 133%

play29:49

NASDAQ gold and the reserve asset of the

play29:53

world bonds is down

play29:55

5% so is it too late to put your money

play29:59

where it's treated best and get the best

play30:00

return in the world is it too late for

play30:01

that doesn't appear so but a better

play30:05

question I would ask is what's it worth

play30:08

because as George gamon would always say

play30:11

George and I we're good friends we love

play30:12

to go back and forth uh as George G

play30:14

would say is it uh cheap or expensive we

play30:17

don't know if it's the bottom or the top

play30:20

so what we ask ourselves is is it cheap

play30:22

or is it expensive but humans are

play30:24

compare our brains are comparing

play30:26

mechanisms if I asked you is this

play30:30

heavy he heavy compared to what right so

play30:34

we have to compare it to something so is

play30:35

it cheap or expensive well compared to

play30:37

what well is it cheap compared to where

play30:38

it's going to be in the

play30:40

future well where is it going to be in

play30:42

the future Mark let's take a look let's

play30:44

run through a little thought

play30:45

exercise Robert I'll keep you awake

play30:47

don't worry okay here we go so remember

play30:51

about 450 trillion is in utility assets

play30:54

so we're going to park that aside let's

play30:55

look at the 450 trillion of just money

play30:58

that's just parked just for the sake of

play31:00

preserving it okay we have 450 trillion

play31:02

now I showed you all the different types

play31:05

of assets from currencies to bonds to uh

play31:08

precious metals to real estate and they

play31:10

all be they're all diluted every year

play31:13

right they all have a rate of dilution

play31:15

inflation maintenance Etc now I showed

play31:18

you most of those were pretty aggressive

play31:19

numbers for being conservative I put 3%

play31:23

I showed you the actual numbers they're

play31:24

much higher but let's just say we have

play31:26

$450 trillion of assets that are losing

play31:29

3% or being diluted by 3% a year that's

play31:31

$ 13.5 trillion do every single

play31:35

year it's a big number now the stock

play31:38

market is trading at about 20 times PE

play31:41

so if we take the 13 uh shoot typo not

play31:43

point8 13.5 times 20 PE that gives us

play31:47

about $270 trillion a year of Enterprise

play31:51

Value that Bitcoin could be worth

play31:53

remember it's worth one today it's worth

play31:56

one one

play31:58

to 270 seems like a pretty big growth

play32:03

rate to

play32:04

me anybody think that their real estate

play32:07

is going to go by that number what about

play32:09

the bonds what about the S&P 500

play32:12

okay now remember Bitcoin is just this

play32:16

tiny little drop in a big ocean right

play32:18

here you can't even see

play32:20

it so the question then becomes so I've

play32:24

been a venture capital investor for

play32:25

about a decade I have a VC fund and the

play32:28

way that we value a venture capital

play32:30

company is we say what is this company

play32:35

and what do we think it could be worth

play32:36

in the future and how do we determine

play32:39

how much we think it could be worth in

play32:40

the future well we look at the markets

play32:41

it's disrupting and we try to calculate

play32:44

what percentage of that market we think

play32:45

it could acquire so if I was pitching

play32:47

you on Uber in Silicon Valley whatever a

play32:50

dozen years ago I'd say hey I got this

play32:52

idea for this app you're like okay what

play32:55

is it well it's cool you can like get a

play32:57

car and will pick you up and take you

play32:58

somewhere and you're like you mean like

play33:00

a taxi yeah yeah it's kind of like a

play33:02

taxi but it's like a black car and it's

play33:04

like real seamless it's kind of cool

play33:06

okay how much is it worth $100 million

play33:08

what $100

play33:10

million where the heck did you get that

play33:12

number well the taxi industry is this

play33:14

big and the limo industry is this big

play33:15

and the van share is this big and if I

play33:16

get 5% from each of those we get 100

play33:18

million okay so that's the way we'd

play33:21

approach it from Venture Capital

play33:22

perspective so let's just take a look at

play33:23

that so the question that when we would

play33:26

ask ourselves is if as I'm saying

play33:29

Bitcoin is a better store of value than

play33:32

all 900 trillion of these

play33:34

assets what percentage do we think

play33:38

Bitcoin could grow against those let's

play33:41

run through a few scenarios you guys

play33:42

want to see a few scenarios yeah yeah

play33:46

all

play33:47

right there is no guarantees or

play33:49

certainties in life there's only

play33:51

probabilities but as investors we better

play33:53

our money every day that the future we

play33:54

think will come to pass so let's just

play33:56

look at a couple of what I I think are

play33:58

conservative estimates and does anybody

play34:00

know how many Bitcoin there are and

play34:01

there will never be more

play34:02

of 21 million perfect let's go to the

play34:05

number 21 so in 21 years from now that

play34:08

year will be

play34:10

2045 today in 2024 the price of one

play34:13

Bitcoin is

play34:14

$65,000

play34:15

is right now today it is

play34:20

0.1% of global assets store value assets

play34:25

not utility assets 1%

play34:28

the total market cap the market

play34:30

capitalization is 1.3

play34:33

trillion if we could get to

play34:36

2% of the global assets that would push

play34:40

the price of Bitcoin to $3 million per

play34:43

coin just getting to three just getting

play34:45

to

play34:47

2% that give it a $68 trillion market

play34:50

cap and that would give us an annual run

play34:53

rate an ARR you guys know what that

play34:54

number is of

play34:56

21% that beats the hurdle rate it's

play34:59

double the S&P 500 I don't think that's

play35:02

outrageous I'm not saying it's going to

play35:03

do 150% like it's done in the past I'm

play35:05

saying

play35:07

21% certainly going to outpace the S&P

play35:10

500 what about a little bit more

play35:12

aggressive what if it gets to

play35:14

7% of those

play35:17

assets that brings it to $280 trillion

play35:21

or $13 million per Bitcoin within 21

play35:25

years that' give us a 29% rate of return

play35:28

and then we could say what if it gets to

play35:29

20% or 22% $49 million per Bitcoin now

play35:34

as a venture capital investor this is

play35:35

what we do every day I think this

play35:37

company could take 10% of market

play35:40

share now I think it'll take 100% of

play35:42

gold I think it'll take 5% of art it'll

play35:45

take about 15% of real estate we could

play35:46

break it up but combined maybe a

play35:51

7% because what we're doing is we're

play35:53

dematerializing assets do you guys know

play35:56

that there's pretty much nowhere in the

play35:57

the world that you could have put gold a

play35:59

100 years ago and it would still be

play36:01

there

play36:02

today the US seized

play36:05

it all of Europe had Wars now you could

play36:08

move it how much does that

play36:11

cost if you're running for a true story

play36:14

ran numer uh crypto ran his family fled

play36:17

Iran uh in the 70s and they were being

play36:20

evaced out and that his family showed up

play36:22

to the helicopter and his dad had melted

play36:24

down all their gold and it was in this

play36:25

barrel and they're getting loaded onto

play36:27

the plane being evaced out of the

play36:28

country and they said hey you you can't

play36:30

take that barrel of gold with you and

play36:33

they're like but this is our life

play36:34

savings they said sorry you stay with

play36:37

your gold or you get on the plane so

play36:39

they got on the plane fearing for their

play36:41

lives they they flew to South Africa and

play36:43

they lived in tense for three years

play36:46

because you couldn't take a barrel of

play36:47

gold with you but you could just know

play36:49

these 12 words in your head and take it

play36:51

with you anywhere so it's it's a

play36:52

different Beast now I'm not saying it's

play36:54

going to replace everything what I'm

play36:56

saying is Maybe it could just grow a

play36:58

little bit bigger and um and Gold's

play37:00

still there 45

play37:02

trillion which is way bigger than today

play37:04

what we say it's 16 trillion gold goes

play37:05

to 45 trillion still great real estate

play37:09

still there 1,000

play37:11

trillion but but Bitcoin just grows a

play37:13

little bit bigger it's not that

play37:16

unreasonable okay so now let's take a

play37:18

look at this new economy blueprint I

play37:19

might have to speed it up because I got

play37:20

a couple more slides to go okay so the

play37:22

new economy blueprint now that we know

play37:23

this now we can start to imagine this

play37:26

new economy that maybe we could build

play37:27

with a better asset so remember

play37:30

technology moves in these 50-year cycles

play37:32

and we're starting one right here today

play37:35

now the reason why I go back to this

play37:36

chart just for a second before I go to

play37:37

the next one is because you have to

play37:39

understand these are 50-year cycles and

play37:41

in each of these 50-year Cycles the only

play37:43

place you want to invest is in that

play37:45

cycle so let's just go back to 1908 oil

play37:50

and automobile production so we had oil

play37:52

oil fuels we had the automobile and we

play37:53

had mass production that was created

play37:56

then 197 1 we had the microprocessor

play37:59

which led to personal computers Telecom

play38:01

and the internet and now we have one

play38:03

today over the last 50 years what have

play38:05

been the main sectors you'd want to

play38:07

invest into Telecom internet and

play38:11

computers what did you want to invest

play38:13

into before that Ford GM

play38:16

GE real estate's always there it's a

play38:19

different topic we'll come back to that

play38:21

but so we know that the next 50 years

play38:22

not only will the course of humanity

play38:24

change because technology but it will

play38:25

drive the financial markets now the next

play38:27

question is again is it too late and

play38:29

what you have to realize is that each of

play38:30

these 50 years rolls out through a very

play38:32

predictive or I should say uh

play38:34

predictable pattern so there's four

play38:38

stages two main stages and four phases

play38:41

that this technology is called the

play38:43

diffusion of innovation and so what

play38:44

happens is you have the big bang the

play38:47

eruption the technology comes out the

play38:49

True Believers are there the

play38:51

psychopath um and then eventually you

play38:53

start to get the surge where it starts

play38:54

bringing more people in then you get the

play38:56

deployment phase and you get it uh I put

play38:58

the red arrow to illustrate sort of

play39:00

where we're at today and the reason why

play39:01

I do that is because what happens is

play39:03

everybody thinks I missed the boat it's

play39:06

too late I was just talking backstage

play39:08

with somebody and they're asking me

play39:09

about Bitcoin and da d da and I said

play39:11

would you believe that I started buying

play39:13

in 2015 when it's was $300 and I believe

play39:15

today is a better risk adjusted entry

play39:19

than it was back

play39:20

then now it was cheaper back then but

play39:23

the risk was so high today the risk is

play39:25

gone but we still have that room in

play39:27

front of us

play39:27

but more importantly what we can see is

play39:29

the second phase is where the bulk of

play39:31

the Returns come from you can see how

play39:34

much bigger the second phase is than the

play39:36

first phase anybody know what a s-curve

play39:38

is use an S curve to man uh measure

play39:40

technology adoption so the time it takes

play39:42

to go from

play39:43

10% is the same time it takes to go to

play39:45

90% so if it took 10 years to get to 10%

play39:48

takes another 10 years to go to 90

play39:50

that's where the growth comes in the

play39:52

second phase so not only do we have

play39:54

higher returns in front of us but we

play39:55

also have less risk at the same time

play39:57

anybody like higher returns and less

play39:59

risk oh yeah sounds pretty good I like

play40:01

that too all right now I want you to

play40:04

think of this a little bit different so

play40:05

we have assets or Commodities so like

play40:08

oil is a commodity right it's a it's an

play40:11

asset a

play40:12

commodity and you could certainly buy

play40:14

oil a lot of you guys probably do maybe

play40:16

you put some in your in your portfolio

play40:17

you're buying Futures against it ETFs

play40:19

whatever and oil for the last 50 years

play40:22

has hovered around $60 a barrel plus or

play40:25

minus yeah it goes 120 drops down to 40

play40:27

but about 50 60 bucks a barrel for the

play40:29

most part so oil itself hasn't really

play40:32

moved a whole lot when you look at it

play40:34

over a couple decades but there's an oil

play40:37

industry that just happens to be the

play40:39

eighth largest industry in the world

play40:40

valued at almost $5 trillion dollar like

play40:44

who came up with the new drill bit for

play40:47

the horizontal drilling and who came up

play40:49

with the new pressure relief system for

play40:52

the oil pipelines and who came up with

play40:54

the new sonar for the oil tankers to go

play40:56

through the straight there's an oil

play40:58

industry built around an

play41:01

asset there's gold an asset a commodity

play41:04

and there's a gold

play41:06

industry including little pawn shops on

play41:09

my corner selling gold there's an

play41:11

industry around it and when you think

play41:13

about it like that you start to get your

play41:15

mind expanded to understand what's going

play41:17

on here so really it's the cluster of

play41:20

technologies that we want to talk about

play41:22

so it's remember it wasn't just the

play41:24

automobile it was the automobile plus

play41:26

oil oil Futures fuels plus mass

play41:30

production that led to the boom and so

play41:33

right now what we have is Bitcoin and Ai

play41:36

and the wave of decentralization that

play41:38

are all coming together so what does

play41:40

that mean it means that Sam Alman from

play41:44

uh from uh cat gbt says that we're going

play41:47

to see 10 person companies with billion

play41:49

doll valuations and they're taking bets

play41:53

to see when the first one person billion

play41:55

dollar company will be now Bitcoin is a

play41:57

lot of things it's decentralized

play41:59

immutable permissionless one thing about

play42:02

Bitcoin that's also interesting it's

play42:03

also

play42:05

person

play42:07

person what that means is that in order

play42:09

to get a bank account you got to be a

play42:12

person and you got to have a lot of

play42:14

documentation but Bitcoin is person less

play42:16

meaning a machine can have an account

play42:20

and it can send and receive its own

play42:23

money and in the rise of AI and autonom

play42:27

omous vehicles and robots and now online

play42:32

virtual agents and AI agents that could

play42:34

have their own wallet and go do economic

play42:36

transactions on my

play42:38

behalf none of us are bullish enough on

play42:40

what that

play42:41

means we're about to see an explosion

play42:43

that we've never imagined now we think

play42:46

about this then we have Bitcoin instead

play42:48

of oil or gold and then we have a

play42:50

Bitcoin industry being built on the back

play42:52

of that so let's talk about Legacy

play42:56

wealth in the new economy so now that we

play42:58

know this we've understood a couple

play43:00

things like for example the real hurdle

play43:02

rate means most of our assets are

play43:04

worthless we know that we're in this

play43:06

21st AE Century but as I showed you

play43:08

we're using Financial tools from the

play43:09

1500s for some reason um and we know

play43:13

that we are trying to use all types of

play43:14

financial engineering and and all this

play43:17

whole Wall Street Industries built up

play43:18

and all these financial advisors trying

play43:20

to put us in this Diversified portfolio

play43:22

of

play43:23

losers so what's the better way well the

play43:27

better way is to create wealth first you

play43:30

create wealth by you know solving

play43:31

problems for people so you typically do

play43:32

that through a business so number one

play43:35

create your wealth through a business

play43:37

you don't invest your way to wealth

play43:38

Warren Buffett goes to work at a

play43:40

business every day called birkshire

play43:41

hathway so number one create your wealth

play43:44

in your business build a business but

play43:46

use the new tools remember Sam Alman

play43:48

said we have the first one person

play43:49

billion dollar company now you may not

play43:51

build a billion dollar company but could

play43:52

you run your business on one tenth of

play43:54

the staff and make more money could you

play43:57

easily build up an AI agent and some

play43:59

llms and spin up a Content business

play44:01

pretty quickly on your spare time yes

play44:03

number two optimize use real estate for

play44:06

tax efficiency and cash flow so I use I

play44:09

use real estate to get rid of most of my

play44:10

taxes and then I have more after tax

play44:13

income and I don't invest it in Bitcoin

play44:15

I save it there I save it there and then

play44:19

ultimately I multiply what my savings by

play44:21

investing into these qwave this Quantum

play44:23

wave uh Assets Now I'm going to go real

play44:26

quick here uh I use Bitcoin as my store

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of value and that means that everything

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in the world is getting more expensive

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for all you guys but everything in the

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world is getting cheaper for me because

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I priced my thing in a different asset

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so price of home went down from 664

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Bitcoin in 2016 today it's only six

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Bitcoin everything's getting cheaper for

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me I love this world I can buy more and

play44:46

more of my

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stuff so what do you want to do let's

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just say you're a hypothetical investor

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of a million dollar in assets you make

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about 200 Grand a year you have a 25%

play44:55

savings rate so you can save about

play44:56

$50,000 ,000 a year a couple of the

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allocation strategies that you could do

play45:00

would be to put 10% of an allocation

play45:02

into Bitcoin which might sound like

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crazy so try 1% if that's if that's

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better 10% allocation to bitcoin and I

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take 10% of my e my savings my excess um

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earning and I put that into

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Bitcoin what would happen if I did that

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well over the 21 years that we looked at

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earlier if I was making 200 Grand a year

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and put 10% of my portfolio in and 10%

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of my income every year within seven

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years I would have $7 million

play45:29

if I put more in it goes up and uh we'll

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go through the math I don't have a lot

play45:34

of time so let me summarize all this the

play45:37

old economy is struggling because we're

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building a new economy with new 21st age

play45:42

tools and going into a world of

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automation robots AI technology but

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we're still using technology for our

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financial system from the 1500s we're

play45:51

still saving our wealth in technology

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and tools that were built in the

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1600s technology is always what changes

play45:57

the world and these technology waves

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happen in 50-year Cycles Bitcoin is

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outperforming every traditional asset

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that's out there the real herder rate is

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15% not 3 and a half% like your

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government tells you and all we need is

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for Bitcoin to capture 7% of these store

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of value assets to get this to reality

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save in Bitcoin don't invest into it and

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if you want to invest only invest into

play46:22

the cluster now I did say use real

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estate for tax efficiency and cash flow

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I don't have time to go into that I'm

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not against it we use different things

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for different purposes but in the in in

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the realm of saving preserving wealth

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and growing it this is where we want to

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be I know I talked really fast if you

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want I have a whole free ebook on this

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it's completely free you can download it

play46:43

explains the entire Quantum Leap it

play46:45

explains all the different assets how

play46:47

breaks down a predictable Cycles you can

play46:48

get it for free if you want right there

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because I didn't have time to go through

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the whole thing and I'm out of time

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thanks so much

play46:59

no we hey we can do better than that was

play47:01

that good or

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what there we

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go um Mark are you hanging out are you

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hanging out in the in the lobby at all

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back here uh this is the one session I

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was like man we need like you for three

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sessions how many you guys would like

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three sessions that would be good uh uh

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real quick what's your uh drink of

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choice water water hey so tonight at the

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VIP party Mark's going to be there so

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get him a nice ice or no ice ice ice I'm

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not a

play47:28

psychopath he's not European there we go

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I love it uh yeah we appreciate it so

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you're going to be the VIP party tonight

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I have so many questions I was back

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there taking notes and I was like oh man

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this is really good so did you guys

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enjoy that all right Mark thank you for

play47:42

being here brother did you like that

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that was from a live presentation maybe

play47:45

a little different than my normal

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YouTube videos now if you want to know

play47:48

more about how this investing black hole

play47:51

is affecting all your traditional

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Investments and you're losing money but

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you probably don't realize it then you

play47:56

might want to watch watch this video

play47:57

right here otherwise like this video if

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you liked it thumbs down if you don't

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that's okay at least tell me why in the

play48:02

comments down below subscribe if you're

play48:03

not already subscribed and that's what I

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got to your success I'm out

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