Davinci Jeremy issues second warning. Take heed this time!
One of the most interesting happenings in the iconic movie ‘Back to the Future’ for me is the fact that Biff chose rich. Why, because I think of myself as a choose rich kind of guy. In my opinion he did the most logical thing someone could do if they ever had a second chance at it. The clip below gives you more context in case your aren’t a ‘Back to the Future’ buff.
Would you do the same? Will you do the same? Hopefully after reading this, you too will be motivated to choose rich. And no that is not a typo.
I often scoff at boomers and genxer’s who missed certain technological innovations. Those new waves and inventions that they could have simply spent some time researching, understanding, spent a few menial dollars investing in, and made out like bandits. Especially, if they are the straight and narrow 9-5 type who don’t have a fulfilling career.
When I see them, in my mind I’m like, “You could just be rich.” Why or how did you miss the chance to change your existence and that of your family possibly for generations to come?
I do understand that their efforts would have taken more will than that of a fictional movie character whose good fortune was written into existence via the plot. But also, there is a saying which goes, “Success leaves clues, but they must be acted upon.” Another extended variation of this quote is, “Success leaves clues. Go figure out what someone who was successful did, and model it. Improve it but learn their steps. They have knowledge.
This is where I show you exhibit A, Davinci Jeremi, a software developer and self-proclaimed monetary historian. You might have never heard of him and may be asking what his significance is. In his own words on his YouTube bio, he believes that “Our current financial system is nothing short of a massive deception that effects every individual on this planet who lacks and understanding of its inner workings.” This is why he explains different intricacies of the current markets daily on his channel.
Like many traditional investors he once believed Gold and Silver were the safe haven assets that would protect us from the irresponsible monetary actions of our governments. But eleven years ago he made a video on his channel titled Bitcoin Update- Just buy $1 worth of bitcoin please! If you haven’t seen it is worth a watch to provide your more context to this blog post. In this video he says, “You can stay on the sidelines but if you really want to become wealthy in the future I would recommend you get $1 worth of Bitcoin.
May 13, 2013, when he made the video $1 would have gotten you 1,000,000 Satoshi’s (Sats) or .01 of a Bitcoin. At press time, that is worth about $1,000. So technically for every dollar you put in you got $1,000 dollars back. As you can estimate Davinci is now rich.
Unfortunately, the Bitcoin space was a different place back then. There wasn’t much information available about Bitcoin. The information that was available was highly technical and not easily digestible for the average mind. It was mostly a space for coders and tech nerds who worked daily in the world of computers.
All that being said If I had seen this video I think that it would have intrigued me and I would have put at least $100 in. That would be worth $100,000 today. But like they say, vision is always clearer in the rearview. I had just graduated college and didn’t have much money. Also, during that time I was not even a pinch as financially literate as I am now. I’d heard about Bitcoin once from a friend in college.
He too was a tech geek cybersecurity type of guy enamored by computers. I was still a knucklehead college athlete, focused on all the wrong things. I considered myself intelligent, but if I was as smart as I thought I was I would have at least looked further into it when it came across my radar. But like many do at first, including the great Michael Saylor, I brushed it off and wrote it off as another internet fad. When it comes to Bitcoin we all get the price we deserve.
But at the time, I considered investing to be an activity that grownups did and something that I would do when I got there. I thought you needed a substantial amount of money to even consider investing. If I had seen this video saying only a dollar it would have been go time. But I’ll reiterate it’s always easy to say these things in hindsight.
As the Sinatra song goes, “Luck be a lady tonight.” We all could just up for one of the luckiest occurrences to come upon us. This is of course if we choose to take advantage of it this time. Why is this? Because for one I believe we are still early in Bitcoin. For two, because we are early as a civilization to Artificial Intelligence or AI.
Both of these are topics that Davinci talks about in his recent video. Once again he is speaking with strong conviction and recommended that is followers look to immerse themselves into both in order to protect themselves from the impending societal changes that these new technologies will cause. Listen to his words.
Bottom line most of us missed Bitcoin at $1. We’ll never get that chance back. Had we had access to more information to make a more informed decision. Now, if you’ve read this article, you at least have a platform from which to jump. Bitcoin’s best days are in front of it. Artificial Intelligence is getting more intelligent every day. Tomorrow’s world will be digital. We will watch the analog world go the way of horse and buggy, Blockbuster, etc. Prepare accordingly.
