🚀 The Overlooked Megatrend

Happy Friday, In A Nutshell this week:

• 🚀 The Overlooked Megatrend

• 🍕Land Of The Pizza…And Bitcoin?

• 📉 Meta Pushed to Buy Bitcoin

• 💸 How Countries Go Broke

• …and much more

If you enjoy the newsletter, please pass it on to a friend, you can earn free sats (see bottom of the email).

 🚀⏰ Today’s news should be a ~3.61-minute read (603 words).

🧠 Quote Of The Week

“Intellectual growth should commence at birth and cease only at death.”

– Albert Einstein

🚀 The Overlooked Megatrend

Bitwise CIO Matt Hougan predicts a treasury revolution, forecasting hundreds of companies to buy Bitcoin as a reserve asset within 18 months.

He writes “Over the past few months, I have delved deeply into the idea of companies purchasing and holding Bitcoin as a financial asset," he said. "I have become convinced that this is a much larger trend than most people think. It’s a true megatrend."

Find the original article by Matt here.

🍕Land Of The Pizza…And Bitcoin?

Italy’s largest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to directly invest in Bitcoin.

The bank purchased 11 Bitcoin for approximately €1 million, which represents a minuscule amount for the size of the bank but it sets a precedent in a country where financial institutions have traditionally been wary of Bitcoin.

With Intesa Sanpaolo leading the way, the door may now be open for other traditional banks in Italy to explore Bitcoin.

📉 Meta Pushed to Buy Bitcoin

A Meta shareholder is proposing the company invest some of its $72 billion cash pile into Bitcoin.

The proposal was submitted by Ethan Peck, a shareholder and NCPPR member from Washington. Peck says Meta’s cash is being eaten away by inflation and low bond yields and the company’s value is going down.

“Since cash is consistently being debased and bond yields are lower than the true inflation rate, 28% of Meta’s total assets are consistently diminishing shareholder value by sitting on the balance sheet,”

🇸🇾 Syria Exploring Bitcoin

Syria after the fall of Assad is considering the legalisation of Bitcoin, including partially backing the Syrian Pound and mining with excess energy reserves.

The ground-breaking policy could transform not only Syria’s economy but serve as a potential model for other nations in the region that are also grappling with inflation and economic instability.

💸 How Countries Go Broke

Ray Dalio released an excerpt from an early draft of his new book called “How Countries Go Broke”.

Asking and answering important questions around this topic in a palatable way. He references Bitcoin saying:

“At the early stage of the Big Debt Cycle money is “hard,” which means that it is a medium of exchange that is also a storehold of wealth that can’t easily be increased in supply, such as gold, sterling silver, and Bitcoin.”

🔥 What else have you missed?

1. “Better buy some Bitcoin, Mohammed”

2. Donald Trump is expected to issue executive orders on the first day of his presidency regarding Bitcoin and crypto (Washington Post).

3. Coinbase to bring back Bitcoin loans (tread carefully).

4. Senator Lummis sends a letter to the U.S. Marshals Service asking why they plan to sell nearly 70,000 Bitcoin.

5. Pension funds dabble in crypto after massive bitcoin rally (FT).

6. Texas to lead the way in establishing a Strategic Bitcoin Reserve.

7. CoinCorner nails the marketing by sending Dave Portnoy their new book.

8. The same critics who opposed investing in Bitcoin now want to dictate how we should use the profits.

9. Orange Pill App announces the launch of its investment offering on Thunder Funder.

🍾 Friday Fun!

This week’s crossword is now live - Play here

🧞‍♂️ Your wish is our command