Bitcoin Will Rally to ATH Post US Elections
1. Moody's has been telegraphing to us that once the election is finalized, they're going to downgrade US sovereign debt. This is going to be a catalyst for Bitcoin.
2. BRICS had a conference in Russia. There are six new members and their GDP is greater than the combined GDP of the G7. Of the six new members, three of them—Argentina, UAE, and Ethiopia—are mining Bitcoin with government resources, so there's urgency outside the U.S. to find a way to circumvent the fiscal policy in the U.S.
3. Russia announced it's going to invest in a regional fund to build Bitcoin mining throughout BRICS with the idea of settling global trade in Bitcoin.
4. It's kind of like the video game industry. The older generation who hate it are dying off, and every day there are new buyers being born.
- Absolute chad @matthew_sigel from @vaneck_us on CNBC