Why I Said Goodbye to Bitcoin

Earlier this year, I sold every Bitcoin I had. [Altucher Confidential] November 24, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Earlier this year, I sold every single Bitcoin I owned. Here’s why. [Hero_Image] Why I Said Goodbye to Bitcoin [James Altucher] JAMES ALTUCHER Dear Reader, First off, I love Bitcoin. I love everything about it. If Bitcoin was a person I might marry it. If Bitcoin was champagne, I would bathe in it. From 2010 to 2015 I used to hold these Q&A sessions every single Thursday on Twitter. I would spend about 90 minutes and I did this about 50 times a year for six years. I really loved doing it. For better or worse, I’ve stumbled into a lot of bad situations for myself and some good ones. So people would ask me questions about their own strange situations. We all have them. People would say, “Who are you to be answering questions?” And I would respond, “nobody,” which is true. We’re all in this trap together. And our main task, if we have one, is to help each other get to the other side safely. Or as safely as we possibly can. People would ask and I would freely give my opinion and tell my own stories a little. And I would say, this is not advice. Just my experiences. Often people would ask me about Bitcoin and soon, in early 2013, everyone seemed to be asking me about Bitcoin. I looked into it for about ten seconds and said, “seems like a scam to me.” This was March 2013. A month later, Naval Ravikant, who is a big enthusiast of all things crypto, flew into NY. We spent the morning together with a whiteboard and he explained Bitcoin in every which way to me. It BLEW MY MIND. It seemed to be like the natural evolution of what money would become. Every industry evolves. Think about it… Medicine went from praying for healing from one of your gods, to leeches, to a guy who hits your knee with a hammer, to data and AI analyzing your genome. War is another top of mind example as we’re seeing in Ukraine. Thousands of years ago, kingdoms would hold sacrifices to their gods the day before war. Then they said, forget that, let’s make bullets. And now you have satellite images, AI guided missiles, cyberattacks… all orchestrated with massive amounts of data. If you have more data than bullets, you win. Money has gone from bartering with a rock like gold, to “In God We Trust”, to fiat money where it’s “in the Federal Reserve we PRAY we can trust”, to now... the natural evolution of all industries… a data-based currency. Enter Bitcoin. Bitcoin solves the problems of “human” currency. No Federal Reserve manipulating the value of the dollars in your pocket. No middlemen of six banks every time you send a wire. No potential for forgery. Secure transactions and a record of every transaction right there on the blockchain. But that’s just the beginning. Artificial intelligence could destroy both Google AND Amazon – in one fell swoop. That’s Bill Gates’ shocking prediction, made in front of Goldman Sachs analysts. If he’s right, the next generation of AI could turn Silicon Valley upside down… And destroy some of America’s biggest and most successful companies. But before you dump your stock in Amazon or Google, there’s something else you need to know. While America’s elite worry about which companies AI will disrupt first… There’s a little-known way regular folks can actually start using AI, right away, that could potentially [rapidly grow your trading account.]( [Hit this link right now for the full story.]( With smart contracts, Bitcoin and other cryptos not only embed all the features of a currency, combined with all the benefits of computers, but you can make, using Bitcoin, smart contracts that enable you to recreate just about all software in existence, but better. So a month or so later, in mid 2013, I did an experiment. I sold my book, “Choose Yourself” in a Bitcoin-only store that I had created. This was in May, 2013. I tried to get Coinbase to help me create it but they couldn’t help me. Nobody knew how to do anything with Bitcoin. It was useless but all of us true believers still loved it. So I coded my own store and sold about 60 copies of my book for 0.1 Bitcoin. At the time, it was about $10 per PDF that I sent to the 60 that bought it for what would now be around $4,000, give or take. CNBC invited me on to talk about Bitcoin where I spouted its virtues. Over time I bought some Bitcoin. I bought some Ethereum. I bought some alt-coins, and more recently I’ve been buying coins in the DeFi space. But earlier this year, I sold every single Bitcoin I owned. Why? Because I started seeing even BIGGER opportunities in the market. I just finished up [a quick chat about one of these opportunities]( with my colleague Doug Hill. If you haven’t already seen it, don’t wait too long. In short… [This AI trend]( could spell the END of investing as we know it… and the beginning of something I’m incredibly excited about. [Click here for the full version](. Until next week, [James Altucher] James Altucher for Altucher Confidential New LIVE Demo Video STUNS Crypto Investors In [this short 3:28 video…]( Crypto genius James Altucher reveals his most shocking crypto secret yet… A little-known secret that’s delivered over $1,170 in FREE crypto income per month. If you AREN’T using this affordable little device… You’re missing one of the best, easiest ways to earn real cash with cryptos. [Click here to watch this short 3:28 video NOW.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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