Bitcoin broke $20,000 today. It has been trending higher the past several days.

After the FTX fiasco and the implosion of all sorts of random shitcoins, there was negative sentiment in the crypto space which adversely impacted Bitcoin. The Jew asshole Jim Cramer was even telling people to dump Bitcoin in a few weeks ago.

But now that all of that is mostly behind us, people are recognizing that Bitcoin is a different type of asset class than all those shitcoins etc.. It is a financial instrument that can be used as a life raft from a monetary system that is under increasing amount of strain and pressure. That’s why it is moving higher alongside gold and silver.

I’m much more of a fan of physical gold and silver largely because it is something that you can have in your possession and own outright. But I also have some Bitcoin and would much prefer to have Bitcoin versus any of the fiat currencies which are rapidly losing value from out of control inflation.

RELATED ARTICLESMORE FROM AUTHOR