27 Nov: Weekend Recap

My Hot Take!

The biggest article of the week for me was the Bitcoin City. El Salvador is showing the world what it looks like to truly embrace and adopt Bitcoin. This experience is either going to succeed beyond everyone's imagination or it will totally break the country; my beat is that other countries will follow Nayib Bukele lead.

With the retracement last week and another retracement, Bitcoin continues to struggle and not reach the lofty expectations place on it by many analyst in the industry. This weekend does appear to have some push behind it as it struggles to get back above $60K.

One thing that can help that is if more retirement plans begin adopting Bitcoin. Something tells me that we will get news next week of a large organization that decided to #GetOffZero.

For the Podcast of the Week as the What is Money Show, hosted by Robert Breedlove talking with Raoul Pal about the ultimate framework. Raoul does an amazing job at looking at the big picture of the entire global financial system and it will blow your mind.

Well that's a wrapped burrito. Exercise patient and try not to get wrapped up in the day to day drama in the space. Zoom out. Remain focused, Stack Sats, stay STRONG, and HODL on!