Bitcoin Supercycle Newsletter

Bitcoin 2024: Why the Time to Enter is Still Now

Every four years, like clockwork, I find my phone buzzing with familiar inquiries. Many of friends and acquaintances reach out, hesitant first-timers, asking the same question: Is now a good time to invest in Bitcoin? Without fail, these calls peak just as the Bitcoin bull market roars back to life. Each cycle brings more calls and with them, a striking pattern: diminishing faith in centralized banking systems and growing trust in decentralized alternatives.

It’s a phenomenon I should probably document more formally, perhaps even use as a predictive indicator for future price surges. My network’s behavior mirrors the more extensive societal shift toward Bitcoin and blockchain technology. Let’s explore why this moment—despite Bitcoin’s volatility and scepticism—still holds immense potential.

The Shifting Landscape of Bitcoin Adoption

Global and Political Momentum

Bitcoin’s adoption isn’t just grassroots anymore—it’s global and institutional. Countries like El Salvador have made Bitcoin legal tender, while nations like Argentina and Nigeria are witnessing increasing Bitcoin adoption as a hedge against hyperinflation. Meanwhile, in the U.S., the political landscape is shifting. Figures like Elon Musk openly champion crypto, and high-profile crypto advisors are influencing policy under administrations like Trump’s, hinting at broader acceptance.

MicroStrategy’s Michael Saylor continues to lead the charge with relentless Bitcoin purchases, turning his company into a near proxy for Bitcoin exposure. Pension funds and other institutional players are also joining the fold, recognizing Bitcoin as a store of value amidst global economic uncertainty.

The "Supercycle" Question

Is this cycle different? The concept of a Bitcoin supercycle suggests that we may enter an unprecedented phase where Bitcoin breaks free from its traditional boom-and-bust cycles. Factors include increasing institutional adoption, global economic instability, and Bitcoin’s fixed supply becoming even more attractive.

While the supercycle hypothesis is compelling, it’s not guaranteed. Yes, adoption is growing and regulatory clarity is improving. However, Bitcoin’s fundamentals remain rooted in supply and demand, making it prone to corrections. Perhaps this cycle is unique not because of hypergrowth, but because Bitcoin’s position as "digital gold" is more solidified than ever.

Fixing the Money, Fixing the World

"Not your keys, not your coins." This mantra reminds us that Bitcoin’s strength lies in personal sovereignty and decentralization. But beyond self-custody lies a greater philosophical question: what would a world look like where our international monetary system is based on Bitcoin? Imagine a Renaissance 2.0, driven by an open-source, decentralized currency immune to inflation and political manipulation.

Such a world could foster unprecedented innovation, equality, and freedom. Trust wouldn’t hinge on central banks or opaque policies but on math, code, and collective transparency. It’s a vision worth striving for—and perhaps the ultimate reason why so many of us keep returning to Bitcoin.

The calls will keep coming, and the cycle will repeat. But this time, maybe you won’t need to call me. Maybe you’ll already be part of this new paradigm.

#Supercycled