The purchasing power of money cannot be seen in the short term, but it has fatal flaws in the long term, because inflation will continue to erode the purchasing power of paper money, like an invisible hand. It is particularly obvious in units of 5 or 10 years. Wealth needs a carrier, and the most useless thing is cash in hand. Ming Ge understood this very early, and this is also the reason why he embarked on the road of investment (thanks to the Rich Dad Poor Dad series of books, which are my enlightenment books for learning financial knowledge). Throughout history, paper money often becomes waste paper, which is why people love gold more than paper money. No matter which dynasty, gold is people's first choice. This is because of two points: the first is consensus, and the second is that the growth of gold is very slow. Is it familiar? Yes, now we need to add big cakes. Big cakes also have global consensus, and the total amount is constant. As long as the global central bank continues to over-issue currency, the advantages of big cakes will become more obvious, and the price will be higher. This explains why big cakes can break through historical highs and set new highs again in each cycle. Not to mention consensus, even the SEC admits it.

In addition, Brother Ming believes that after this cycle, the market value of Bitcoin will account for about 30% of the total market value of gold (corresponding to 120,000-150,000 US dollars). The next cycle will surpass gold and top the throne of the world's consensus. That is to say, after this cycle, there will be at least one round of bonus period. At present, Brother Ming can only see so far. If gold is the underlying asset, I hope to see you in the next round.

I am Brother Ming, follow me and you won’t get lost. Welcome to chat!