
December 2024 Newsletter: The Rise of Digital Assets

Some are skeptical about the ability of digital currencies to emerge as a viable store of value in just a few years since it took thousands of years for gold to do so, and only after gold had been used for its intrinsic value for centuries before that. I don’t agree; such logic is too rooted in the past and does not account for rapid behavioral... See more
JP Morgan • The Maltese Falcoin | J.P. Morgan Private Bank
Now, many potential catalysts for Bitcoin (and crypto generally) will rise in 2025. Here are a few:
- A Strategic Bitcoin Reserve (at the U.S. Federal level)
- Strategic Bitcoin Reserves (at the U.S. State level)
- Strategic Bitcoin Reserves (for other countries globally)
- The removal of SAB-121
- Clear regulations out of the SEC and CFTC on crypto
- The Stablecoin
Asymmetric Market Update™️ #25
The world’s total gold total above-ground supply is worth ~$11T today³. Digital stores of value lower friction, provide better access and offer programmability, which could increase the total market size compared to gold.