Jeff Bezos Next Trillion Dollar Bet (Shocking)
Sponsored
If you've followed Jeff Bezos you know he's made a career out of spotting breakthrough technology long before his competitors… Whether it was the internet in 1994… Cloud computing in 2006… Or Alexa and A.I. in 2014… Bezos made himself the richest man in the world by looking around corners and spotting trends years ahead of everyone else… And on December 31st, 2021, Bezos has done it again… He's gone all in on the biggest tech breakthrough in history… And before you start guessing, this has nothing to do with A.I. or ChatGPT… Instead, it has to do with a technology Bank of America called, “Bigger than fire and bigger than all the revolutions that humanity has seen.” And this technology is going to change everything… 99% of Americans have no idea of what's about to happen… But I've put together a full presentation to explain what's going on… Go here now to see the full details.
By Chris Campbell, AltucherConfidential.com
1973: the OPEC oil embargo targeting the West created an overnight supply shortage.
Oil prices quadrupled globally.
1983: the must-have Christmas toy Cabbage Patch Kids saw frantic parents fighting – sometimes violently – over scarce remaining dolls.
Both Black Friday and the term “mass adoption” spawned from the Cabbage Patch Kid phenomenon.
Housing (2000s). Bourbon (2010s). Toilet paper (2020). Lithium (2021). Semiconductors (2022).
According to some analysts, Ethereum could be next.
Two words:
Supply shock.
In a report titled “ETH 2030 Price Target and Optimal Portfolio Allocations,” VanEck outlined potential scenarios that have Ethereum's price eclipsing $150,000 per token by the end of this decade.
Bold? Yes. BUT…
The prediction reveals the supply and demand dynamics poised to supercharge Ethereum's value in the years ahead.
Two years ago, Ethereum upgraded to a lesser-known deflationary burn mechanism which destroys ETH used for transaction fees.
The more Ethereum is used, the more Ethereum is burned.
Ethereum hasn’t really seen a raging bull market with this burn mechanism in place.
Adding fuel to this potential fire:
Since the recent approval of Ethereum ETFs on May 23rd, over $3 billion worth of ETH has been siphoned off centralized exchanges and into cold storage.
This follows $500 million exiting exchanges in a single April week, leaving just 10.6% of the total circulating supply readily available on trading platforms – the lowest levels in 6 years.
When (not if) the ETFs soak up more of this dwindling supply, the stage is set for a buying frenzy exacerbated by Ethereum's burn mechanism.
***************************************
Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It For This
A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61.
Even though it gained 164% last year, he's now recommending a different cryptocurrency.
In fact, he's betting his own money on and buying it like crazy:
>>Click here to find out what it is. [NOT bitcoin]
***************************************
That’s the case VanEck is making.
They’re not the only ones.
K33 Research forecasts up to 1 million ETH, worth over $4 billion at current prices, could be absorbed by U.S. ETFs upon launch.
This would represent 1% of total supply.
But that’s not all.
Don’t forget about staking.
Another compounding factor is the appeal of staking and “re-staking” Ethereum for yield rewards.
Though Ethereum's staked supply has grown 78% post-Shanghai upgrade, only 27% is currently locked – a fraction compared to other blockchains like Solana at 81%.
Each additional ETH removed from circulation amplifies the supply vacuum.
When coupled with demand from newly launched ETFs, Ethereum appears poised for a self-perpetuating supply shock cycle.
Ethereum's scarcity tailwind strengthens further if the SEC ultimately permits ETFs to stake and earn yield, generating fresh incentives for accumulation by wealth managers.
While VanEck's $154K prediction seems outlandish today, Ethereum's confluence of dwindling supply, soaring institutional demand, and deflationary burn mechanics could…
As they say in crypto…
Melt faces.
VanEck's bullish $154,000 forecast represents a near 40x increase from current levels around $3,800. Even their “base case” of $22,000 would be a 6x rally for the blockchain's native asset.
Three ways to play it.
As far as we’re concerned, there are three ways to play Ethereum’s rise.
One, you could simply buy Coinbase stock, COIN.
Coinbase will undoubtedly benefit from Ethereum’s monumental rise. Especially if it is the main custodian for the ETFs. (Likely.)
Second, you could buy Ethereum (ETH). Obvious.
Third, you can get into the moonshot play to make way more if the stars align for ETH.
See…
If ETH and COIN succeed, this new coin will feed off of their success and go up many times over.
In fact, it might even be crucial to their success.
We’ve spent about 50+ hours studying this thing…
And we drop it as a new recommendation to all Early Stage Crypto Investor members tomorrow.
Retire off ONE stock? [Urgent details inside]
Sponsored
What if you could go back to 1997 and invest in Amazon before it became a global retail behemoth? Or transport back to '87 and buy into Apple? Better yet, what would happen if you spun Facebook, Netflix, YouTube, Apple AND Amazon all into one stock… AND you had the chance to get in early while shares were still dirt cheap? Check it out: It's not a fantasy, and you don't need a time machine. Because I've uncovered one stock that is on pace to best ALL FIVE of those tech giants… And right now you've got a short window of time to get in early. I'm ready to tell you all about the BIGGEST “tech retirement” stock of the decade – click here right now…
