D-E-N-I-A-L

Denial-you might think I'm talking about the denial phase of bitcoin's price for this cycle.

Maybe you think I'm talking about the general denial of bitcoin (then anger, depression, bargaining, acceptance).

I'm not. I'm talking about the general denial of the things that make Bitcoin important for more and more people, companies, and countries.

Debt-this is the big one, the one that starts it all. This has been the big one, the one that many in the macro space have believed can be resolved. The harsh reality is that this modern debt system has actually been in practice for about 70 years (that's to me when the decision was made to never pay off debt). Since then, the financial crisis have been blowing up more and more. Which leads me #2

Consolidation of power: the world's governments have gotten bigger and bigger. Rather than having a lot of different countries who have been vying for power and somewhat keeping things in check, governments have formed into super governments. Make no mistake what the EU is and what it leads to.

"Inflation is low"- this is my "favorite". A lot of rich people saying inflation is low while stocks skyrocket and hard assets skyrocket. Bonds paying under 1%-hell negative-go up in value. Vintage rolexes triple. Rich people STUPID rich.

Digitization: everything is going digital. By 2030 at least 50% of the work will be done from home offices. This will result on many people going on ubi (companies will have to be hyper competitive and workers will as well, and many people that were able to hide will no longer have jobs).

As an old man who has missed trends and hit others, this will sound awful. It's not supposed to be. The average is have fun, get drunk on Friday, screw around Saturday, sleep it off Sunday. This does not work and will hit you like a truck the older you get.

You will have smart friends. You will have dumb friends. And you will have rich friends. The rich friends are willing to listen, to admit that they don't have answers. Find the friends that are willing to listen (at least when it comes to money).

What I've learned from life is that I should talk less and listen more. If you have a good job, don't let it make your feel special. The world is moving at a breakneck speed. Much faster than most of us can imagine. I will say one thing: thinking we are going back to normal.

That's denial.