Thorney making the first move, page-19

♦ Global stimulus, record low interest rates, and a sudden increase in the M2 money supply makes a hedge like Bitcoin a sensible asset.

♦ It is scarce like gold, but much more preferred by the millennial generation who are entering their prime income earning years, and set to also inherent massive amounts of wealth from their parents. Millennials are also increasingly critical of central bank interventionism. In just a decade, the millennial generation is projected to have the highest earning power of all generations (this is the same reason why Afterpay is such a good long-term bet).

♦ Incorporating Bitcoin in a modern portfolio can provide an unprecedented level of alpha to give you the investment 'edge'.

♦ Bitcoin has attributes superior to gold including its portability, divisibility, seizure resistance, liquidity, and verifiability. Try sending gold halfway around the world and assaying its purity within minutes, a practice Bitcoin enables with ease.

Will it be a currency? Doubtful. Will it emerge as a digital gold/store of value? Probably, given time.