It’s easy to overcomplicate things. When it comes to crypto, it’s almost impossible not to overcomplicate things. The technology is new and rapidly evolving, the industry moves at lightning pace, and there are a whole host of financial, economic, regulatory, political, and ideological rabbit holes to dive into. And when you add in the FUD (fear, uncertainty and doubt) that gets reported in the news and is often times covered at a very superficial level, it becomes really easy to miss the forest for the trees.

That’s why I find it helpful to focus on the most basic, fundamental principles…


The crypto landscape continues to evolve at incredible speed. Bitcoin is seeing rising demand and adoption from consumers, corporations, asset managers and governments. The biggest challenge facing Ethereum right now is that there is so much demand that the fees on the network are rising to new highs. Eighteen months ago, DeFi was not even a term in the lexicon and now we have fully decentralized exchanges that are processing over $1 billion of transaction volume per day. Non-fungible tokens (NFTs) are being sold for millions of dollars and completely disrupting the digital media landscape. …


On May 11, 2020, Bitcoin experienced it’s third halving event and at the time, the price was sitting at around $8,600. We know that Halving events occur every four years and cut the daily supply issuance of new bitcoin in half. This supply shock puts natural upward pressure on price and a new bull market is kicked off. This story played out in 2013, 2017, and is currently in the middle of playing out now. By April of this year, Bitcoin had reached $63k, more than 7x growth from the start of the cycle.

However, since then, the price of…


One of the most common questions I get about cryptoassets has to do with regulation. Understandably, there are concerns about how this industry may be regulated in the future. However, most of the concerns I hear are more speculative rather than based on historical context and understanding of present-day facts. I’ve spent a lot of time reading and trying to understand the regulatory landscape and while I’m far from a legal or policy expert, I thought it might be helpful to present a brief overview about crypto regulation in the US.

The truth is, historically, the biggest challenge with crypto…


Although I am not a climate expert by any stretch of the imagination, the impact Bitcoin has on the environment is a topic I have spent a lot of time trying to better understand. This paper is a collection of the best information, facts and arguments I have gathered on the topic from numerous articles, reports and conversations.

It is true that Bitcoin does consume a large amount of electricity to power the network. This makes for great headlines such as “Bitcoin uses more electricity than Argentina” or “Bitcoin will increase global warming.” However, superficial headlines like these do not…


My previous two posts set the stage for why I believe Bitcoin will emerge as the next world reserve asset in the coming decades. My first post outlined the current challenges the dollar is facing as the world reserve asset and why it’s only a matter of time until it will be replaced. My second post walked through the rationale as to why every other option is not a viable replacement. This post I want to focus on what makes Bitcoin the most logical choice to replace the dollar as the next world reserve currency.

There are four criteria that…


In my previous post I covered how the dollar is following a similar trajectory to previous reserve currencies and why it’s likely to be replaced as the world reserve asset in the future. Should this happen, the question then becomes, what will replace it? As I’m sure you can guess, my answer to that question is Bitcoin. But before we dive into why Bitcoin is the most logical replacement; I first want to examine other possible contenders.

Why it won’t revert back to gold

In previous shifts, the reserve asset has always reverted back to the best form of sound…


In 1944, the Bretton Woods agreement officially established the US dollar as the world reserve currency, a distinction it has retained to this day. However, I believe this era is nearing its end and within twenty years we will see Bitcoin take over as the world reserve asset.

While I’m definitely not the first to make this claim and the concept of Bitcoin displacing the dollar has definitely gained momentum over the last 12 months, this still seems to be a controversial opinion. In truth, I have been wrestling with this idea from the moment I first got interested in…


In the final part of this series, I want to cover why I believe every government will eventually own Bitcoin. If you would like to read the first three parts of this series you can click on the following links to why I believe the same will happen with every person, every company and every asset manager.

Let’s start with a simple fact. Numerous governments around the world already own Bitcoin. While we do not have a complete list of every government currently holding Bitcoin or the precise amount of those that are, there are a few pieces of public…


My last two posts covered why I believe we will see mass adoption of Bitcoin by individuals and corporations in the coming decades. You can read those posts here and here. In part three of this series, I’m going to cover why asset managers are already adopting Bitcoin and why this trend will only continue to accelerate in coming years.

2020 and 2021 will be remembered as the time when Bitcoin became widely adopted by institutional investors. Whereas the last bull run in 2017 was primarily fueled by retail investors, the recent increase in price has been driven much more…

Brett Munster

entrepreneur turned fledgling investor. baseball player turned aspiring golfer. wine, food and venture enthusiast.

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