Today’s newsletter is sponsored by my friends at BITTREX GLOBAL!Bittrex Global is offering all of the Wolf Den's readers the ability to now buy tokenized stocks from Tesla, Apple, Amazon and more. Please visit https://global.bittrex.com/discover/tokenized-stocks to get fractional shares of your favorite stocks now from almost anywhere in the world.This newsletter is also sponsored by PHEMEX. Only a few days left to claim up to a $720 deposit bonus! Sign up here:https://phemex.com/a/ScottMelker2020 has caused me to rethink and challenge many of my core beliefs. My views on money, politics and the world have fundamentally changed.You have to be willing to evolve and question what you believe. That is the only way to grow.There is a famous quote that TrueCrypto28 (Mr. Anderson) shared on Twitter this morning.“The only way that we can live is if we grow. The only way we can grow is if we change. The only way we can change is if we learn. The only way we can learn is if we are exposed. And the only way that we are exposed is if we throw ourselves into the open.”It's no secret that I have generally leaned politically left. There's a famous saying that likely applies to many of you here, to varying degrees.‘If You Are Not a Liberal When You Are Young, You Have No Heart, and If You Are Not a Conservative When Old, You Have No Brain’While I do not believe this to be the case for me, I do find that I err towards the middle of the spectrum, strikingly moderate and reasonable in my views. More accurately, I believe that I have largely exited the political system altogether and would rather not identify with either side. It is impossible to place my views (or anyone else's) into one of two baskets - we are all unique, have our own thoughts and beliefs. If you only agree with one side, it is likely that you are not a free thinker and are just a victim of media bias.I took the red pill.The extremes on both ends are wrong. That has become exceedingly easy to see in 2020. One could easily argue that they are opposing sides of the same coin.I believe that most people are innately moderate, have views that fit with "both sides" and really just want to be free to make their own choices with minimal friction.We all want freedom.When viewed through the lenses of monetary and fiscal policy, it is even easier to rise above the political system and opt out. Neither party can claim fiscal responsibility, and both parties have an equal role in the endless money printing. It makes no difference which party is in control when it comes to our money. And our money is everything.Monetary policy affects more people in every country than almost anything else. The government is literally destroying value at every turn, making it harder over time for their citizens to survive. Wages fail to rise while the value of money falls. Further, there's no way to grow that money to keep up with inflation when interest rates are flat or negative. It's an endless cycle of pain for the average human.While the average human suffers, a select few are able to capitalize on this devaluation of money in the form of corporate socialism and crony capitalism. They make money hand over foot in the stock market, which is fueled solely by the destruction of value. They destroy the common man to fill their own pockets.If you are reading this newsletter, then you already know the potential answer. Sure, Bitcoin is not perfect, but it's the best existing bet to counterbalance the pain the monetary policy. It's a form of freedom and the best way to start to opt out.Dollars are for spending, Bitcoin is for saving.Bitcoin is the red pill. Bitcoin is freedom.NOTE: the newsletter is now daily, so the content is spread out. You will still get all of the educational content, trades, news and analysis as before, in a shorter and more palatable form. That said, today’s newsletter is long! I share trades as they are relevant and education always on Fridays.If you do desire to get this email more often, you can join the paid version!The paid version is only $15 a month and goes out every single weekday. It is just like the issue you are currently reading! Composing this newsletter is how I spend the majority of my time, and I take the fact that my members are paying me very seriously. I would love to have you become a more frequent part of this community.https://www.getrevue.co/profile/TheWolfDen/membersIf you cannot pay with a credit card, please respond to this email and we can get you setup with crypto. If you do want to pay with crypto, I can offer 7 months for the price of 6, or 14 months for the price of 12 for the inconvenience!In This Issue:Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsChart RequestsTerra Virtua - Bringing NFTs To The MainstreamBondly - Revolutionizing Escrow And NFTsLivestream Today With Beniamin Mincu, CEO Of ElrondGuggenheim CIO Puts Bitcoin At $400,000Billionaire Allan Howard Is Backing A Crypto Hedge FundRobinhood Lied To CustomersThe Wolf Of All Streets Podcast Ft. Sam Bankman-FriedMy Recommended Platforms And Tools
The Wolf Den #138 - The Destruction Of Value
The Wolf Den #138 - The Destruction Of Value
The Wolf Den #138 - The Destruction Of Value
Today’s newsletter is sponsored by my friends at BITTREX GLOBAL!Bittrex Global is offering all of the Wolf Den's readers the ability to now buy tokenized stocks from Tesla, Apple, Amazon and more. Please visit https://global.bittrex.com/discover/tokenized-stocks to get fractional shares of your favorite stocks now from almost anywhere in the world.This newsletter is also sponsored by PHEMEX. Only a few days left to claim up to a $720 deposit bonus! Sign up here:https://phemex.com/a/ScottMelker2020 has caused me to rethink and challenge many of my core beliefs. My views on money, politics and the world have fundamentally changed.You have to be willing to evolve and question what you believe. That is the only way to grow.There is a famous quote that TrueCrypto28 (Mr. Anderson) shared on Twitter this morning.“The only way that we can live is if we grow. The only way we can grow is if we change. The only way we can change is if we learn. The only way we can learn is if we are exposed. And the only way that we are exposed is if we throw ourselves into the open.”It's no secret that I have generally leaned politically left. There's a famous saying that likely applies to many of you here, to varying degrees.‘If You Are Not a Liberal When You Are Young, You Have No Heart, and If You Are Not a Conservative When Old, You Have No Brain’While I do not believe this to be the case for me, I do find that I err towards the middle of the spectrum, strikingly moderate and reasonable in my views. More accurately, I believe that I have largely exited the political system altogether and would rather not identify with either side. It is impossible to place my views (or anyone else's) into one of two baskets - we are all unique, have our own thoughts and beliefs. If you only agree with one side, it is likely that you are not a free thinker and are just a victim of media bias.I took the red pill.The extremes on both ends are wrong. That has become exceedingly easy to see in 2020. One could easily argue that they are opposing sides of the same coin.I believe that most people are innately moderate, have views that fit with "both sides" and really just want to be free to make their own choices with minimal friction.We all want freedom.When viewed through the lenses of monetary and fiscal policy, it is even easier to rise above the political system and opt out. Neither party can claim fiscal responsibility, and both parties have an equal role in the endless money printing. It makes no difference which party is in control when it comes to our money. And our money is everything.Monetary policy affects more people in every country than almost anything else. The government is literally destroying value at every turn, making it harder over time for their citizens to survive. Wages fail to rise while the value of money falls. Further, there's no way to grow that money to keep up with inflation when interest rates are flat or negative. It's an endless cycle of pain for the average human.While the average human suffers, a select few are able to capitalize on this devaluation of money in the form of corporate socialism and crony capitalism. They make money hand over foot in the stock market, which is fueled solely by the destruction of value. They destroy the common man to fill their own pockets.If you are reading this newsletter, then you already know the potential answer. Sure, Bitcoin is not perfect, but it's the best existing bet to counterbalance the pain the monetary policy. It's a form of freedom and the best way to start to opt out.Dollars are for spending, Bitcoin is for saving.Bitcoin is the red pill. Bitcoin is freedom.NOTE: the newsletter is now daily, so the content is spread out. You will still get all of the educational content, trades, news and analysis as before, in a shorter and more palatable form. That said, today’s newsletter is long! I share trades as they are relevant and education always on Fridays.If you do desire to get this email more often, you can join the paid version!The paid version is only $15 a month and goes out every single weekday. It is just like the issue you are currently reading! Composing this newsletter is how I spend the majority of my time, and I take the fact that my members are paying me very seriously. I would love to have you become a more frequent part of this community.https://www.getrevue.co/profile/TheWolfDen/membersIf you cannot pay with a credit card, please respond to this email and we can get you setup with crypto. If you do want to pay with crypto, I can offer 7 months for the price of 6, or 14 months for the price of 12 for the inconvenience!In This Issue:Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsChart RequestsTerra Virtua - Bringing NFTs To The MainstreamBondly - Revolutionizing Escrow And NFTsLivestream Today With Beniamin Mincu, CEO Of ElrondGuggenheim CIO Puts Bitcoin At $400,000Billionaire Allan Howard Is Backing A Crypto Hedge FundRobinhood Lied To CustomersThe Wolf Of All Streets Podcast Ft. Sam Bankman-FriedMy Recommended Platforms And Tools