Andrei Jikh – BitCoin to a Million in 2024
Video Posted May 13, 2019
Type 1 Civizilation
We are moving toward a “Type 1 Civilization” where we have a global monetary system. Soviet Astronomer Nicholai Kardashev, popularized by Michio Kaku.
| Type # | Description |
|---|---|
| Type 1 | use the resources of a planet |
| Type 2 | use the resources of the nearest star |
| Type 3 | use the resources of the galaxy |
We have a Type 1 language which is turning out to be English, and a Type 1 phone system which is the internet. And moving toward a global monetary system, a world money, where you can go anywhere and use the same currency. It will probably turn out to be something like BitCoin.
Say by looking at logarithmic chart, we could see $100,000 BitCoin by 2010 and $1 million Bitcoin by 2024.
BitCoin Crashes
BitCoin went from .44 to $30, then crashed to $7
Was worth $13, went to $213, then crashed to $65.
Was worth $147, went to $1100, then crashed to $480.
Was worth $1100, went to $19000, then crashed to $6000.
He sarcastically says: “So the moral of the story is, don’t buy BitCoin because you know it’s going to crash.”
He put 10% of his networth in BitCoin.
Said he has never seen anything like this before, and says he has put his money where his mouth is. So my question is why hasn’t he put in more than 10%.