SpaceX and AI are taking “RISK” dollars out of the system

There’s a certain amount of money in any economy that is always chasing whatever is moving fastest. It’s always wants that hot sauce. You know, some something that’s moving quick. And so, in 2023 and 2024, that money was chasing Bitcoin. Bitcoin was outperforming everything in 2023 and 2024 and part of 2025. Uh but, as gold and silver came into more favor because central banks started buying it, that meant gold and silver started taking off in 2025. And a lot of those dollars that were chasing Bitcoin, which is always the people who understand Bitcoin are chasing Bitcoin, but there’s always some of the dollars are chasing it by people who they just want to chase whatever’s moving. Uh those dollars started chasing gold and silver, which of course peaked out and now they’ve cooled off. So, those dollars that were chasing Bitcoin and then they were chasing gold and silver, are now chasing SpaceX and AI. So, because again, they’re like these are people who are like chasing whatever the hottest thing is, which typically is a bad way of taking money. When you’re always chasing the hottest thing, you’re typically buying the hottest thing at the peak of its euphoria and then dumping it when it’s down so you can chase the next hot thing. So, it tends to be a bad investment strategy, but a certain amount of money is doing it. But, all of this uh the stuff that is distracting from Bitcoin is about to fall by the wayside uh with regard from an investment perspective. Uh uh SpaceX went public this past Friday, like literally yesterday. SpaceX went public yesterday, raised $75 billion. So, $75 billion of the the money chasing the highest-flying things, the you know, risk Excuse me, risk assets, of which Bitcoin is still considered a risk asset by too many people, even though I would argue that its risk is very low, not everybody agrees with me. Um $75 billion of those dollars chased the SpaceX IPO, but that is now done. From now on going forward, starting on Monday, every dollar that goes into SpaceX means another dollar comes out of SpaceX Uh because obviously if people are buying SpaceX stock they’re buying it from somebody who already has it who now has that dollar and is able to you do something else with it like buy Bitcoin. So as of Monday or as of this past Friday SpaceX is now out of the way and is no longer creating this sucking sound of sucking capital out of the market that is looking for a high yield and a high return. Anthropic which makes Claude is going to go public I guess in the next month or two. Open AI which makes chat GPT I believe is also set to go public in the next month or two. So once all of that is out of the way the money that has been sucked out of the economy to chase those AI companies has been sucked out of the out of the economy. That will finally clear the way so it’s like okay Bitcoin has had to overcome a huge run of gold and silver you know luring people to buy those. Now SpaceX and two big AI companies you know Claude and and chat GPT now those IPOs are going to you know one of the three is now behind us which is SpaceX two of the three are ahead of us but will be behind us in the next month or two and and finally the deck will be cleared it’ll be like okay. If you want to invest in a high performing asset with a long term future you know now the AI thing has run its course or at least the IPOs have happened which typically happens in the late stages of you know of the maturity of something like that you know as the companies are all going public at trillion dollar valuations typically that’s not the beginning of the AI boom that tends to be toward the end of the AI boom. So once we got the you know the precious metals boom from last year which has cooled off significantly and the AI and SpaceX boom behind us it will clear the way for everybody to think rationally about the assets that remain in the marketplace. And when you think rationally about the assets that remain in the marketplace you tend to conclude that Bitcoin is the best thing to invest in. But I get it. Look, some people who are, you know, invested in Bitcoin are like they just got to trade, you know, they got to chase you know, SpaceX. It’s just so blistering smoking hot that they just can’t resist chasing it. And so that results in some Bitcoin being sold to chase SpaceX or some capital that would have been invested in Bitcoin chasing SpaceX or OpenAI or Anthropic or, you know, any of these sort of, you know, sizzling hot, you know, AI uh uh IPOs. But anyway, all of this is temporary. There’s not an unlimited supply of super hot things for people to chase. There just isn’t, right? I mean, it’s not like I don’t know what’s after AI, but it’ll probably be 10 or 20 years until the next big boom. Uh the the the three most uh uh the biggest booms in the last, you know, 30 years were the dot-com boom in, you know, the year 2000-ish, a little before, a little after. Um the housing boom that, you know, 2007 ended 2008-2009 recession. And the AI boom. That’s like the third the three biggest booms, and maybe you could throw in a precious metals boom last year, but again, those only happen every few decades with gold and silver. Uh so anyway, man, it’s taking a long time to get the deck clear for Bitcoin. Every time it feels like the deck is clear, something new comes along and the siren song, you know, is singing to put money somewhere else. But it feels like we’re finally through pretty much all of that or at least we’re close to the end of all of that. Plus, we’re close to the end of this, you know, bear markets typically in Bitcoin do not last longer than 1 year, and we’re more than 8 months into that potentially 1 year, which means we got less than 4 months to go. To all the people on my Facebook page who claim they’re going to buy Bitcoin cheaper in the next 4 months, all of them think that they will be fully allocated to Bitcoin by the time that October 6th rolls around because that’s the one-year anniversary of the previous all-time high. So, all the people sitting on the sidelines thinking they’re waiting for for cheaper Bitcoin prices are all going to rotate back in sometime between now and October 6th. Plus, once we get two big AI IPOs behind us, the SpaceX IPO is now behind us, you know, the precious metals boom is behind us. Um Finally, people will hopefully be able to think rationally about where they put their money, what they invest in, and should conclude that Bitcoin is by far the best thing to invest in because if you assess all of the stuff objectively, that is the conclusion I came to. That is the conclusion I think a lot of people have come to and will come through through. Uh there’s just all this distraction with uh SpaceX and the AI boom and the distraction last year with precious metals. So, uh anyway, we’re getting there. It’s a patient process. Uh everything is on track. Just takes time. Just takes patience. Welcome to investing. All of investing involves patience. It is what it is. We’ll be fine. Bitcoin is fine. Uh very bright skies. Uh you know, the sun will shine. The the uh you know, the clouds will clear. Everything is great. Bitcoin’s on sale. Now is a fantastic time to buy Bitcoin. It’s radically on sale compared to recent prices last year. And uh you know, I’m buying as much Bitcoin as I can and I still think that’s a fantastic thing for everybody to do who wants the absolute best long-term return. So, uh if I can do anything for you, let me know. Great time to buy Bitcoin.