“Bitcoin is the future of our time.
“It is essential knowledge that you must know!”
A Must-Read Investing Guide Before Buying Bitcoin

Following President Trump's re-election in December 2024, Bitcoin surpassed $100,000, its all-time high.
However, his unconventional actions, including tariff wars, the end of war, and the DEI debate, have shocked the world and are even causing financial markets, including the Nasdaq and Bitcoin, to falter.
This book details Trump's inner thoughts, the picture he paints of Bitcoin, and how it will elevate Bitcoin's status.
It clearly reveals not only the future value of Bitcoin as an investment asset, but also the wealth flows that Bitcoin will transform, and the political, economic, industrial, and technological interrelationships between them.
This is essential economic knowledge for modern people living in the literal 'age of Bitcoin.'
In addition, for those interested in investing in Bitcoin or investors, it helps them understand the future direction of Bitcoin by analyzing current Bitcoin news issues.
This will help readers who are confused by the abundance of information about Bitcoin make investment decisions.

Bitcoin is similar to gold in that it has a high cost of production.
To mine Bitcoin, businesses must build mining farms and purchase mining machines.
Factors of production such as land, capital, and labor are input.
Miners use enormous amounts of electricity to crack passwords.
Depending on the electricity rate, mining costs vary greatly from region to region.
In the United States, it is known that it costs more than $50,000 to mine 1 BTC.
Considering the concept of production cost, it is difficult for the price of Bitcoin to fall below $50,000.
As explained in the gold price, production costs act as a support line to prevent prices from falling below a certain level.
In this situation, excess demand plays a role in pushing up prices.
After the US SEC approved the listing of Bitcoin spot ETFs in 2024, the amount of Bitcoin purchased by asset management companies such as BlackRock to run ETF products exceeded 1 million BTC.
Taking the halving into account, only about 150,000 new Bitcoins were mined during this period.
Considering supply and demand factors, it's actually strange that Bitcoin prices aren't rising.
--- pp.76-77, from “Chapter 1 Bitcoin, Becoming an Investment, Not Speculation”

Cryptocurrency is a crucial variable in Elon Musk's challenge for global power hegemony.
Judging by his actions so far, it seems that Elon Musk himself knows this fact better than anyone else.
Elon Musk's Tesla Energy Grid, TED, is simply a decentralized power grid that combines 'eco-friendly (solar) power generation + batteries + AI trading system' to allow each household or factory to trade surplus electricity with each other.
While lowering the production cost of solar roofs (power generation) and Powerwalls (batteries) is important, lowering payment costs through AI transaction systems is also key.
It's almost a foregone conclusion whether Elon Musk will choose the dollar or cryptocurrency.
(…)
The reason Elon Musk acquired Twitter (now X) is also connected to this.
Elon Musk said, “If you combine a social network with a payments platform, you can achieve what I set out to do with X.com.”
X.com is an internet payment service company founded by Elon Musk in 1999.
It became PayPal in 2000 through a merger with Confinity, founded by Peter Thiel and Max Levchin.
Elon Musk had a vision of making X.com the “center of all finance.”
In short, it was a provocative dream to eliminate existing banks and securities firms.
The fact that they changed their name to 'X' after acquiring Twitter is evidence that they are dreaming again the dream they had set out to achieve with X.com.
--- pp.112-113, from “Chapter 2: Bitcoin Can Only Rise”

It is worth noting the report titled “A Guide to Restructuring the International Trade System,” published in November 2024 by Steve Miran, Chairman of the White House Council of Economic Advisers (CEA).
Looking at Donald Trump's actions since taking office, it is safe to say that he is implementing the contents of this report.
According to this, Donald Trump's tariff policy can be analyzed as a negotiation stepping stone for exchange rate adjustment.
This is interpreted as a strategy to induce a weaker dollar through negotiations after imposing a high tariff of 60% on China.
It is also possible to interpret that Trump is considering a second Plaza Accord, also known as the Mar-a-Lago Accord, targeting China and the EU.
(…)
The report proposes forcing 100-year Treasury bonds on countries seeking access to U.S. economic and security packages as a way to increase demand for Treasury bonds.
The idea is to use the security umbrella to sell government bonds.
The conclusion is that this can prevent a long-term rise in US Treasury yields due to a weak dollar (decrease in confidence in US Treasury bonds).
--- pp.177-178, from “Chapter 3: Why Trump Became the Bitcoin President”

Most arguments against using Bitcoin as a currency cite its "heavy weight."
Because it usually takes 10 minutes to pay with Bitcoin.
On the other hand, banknotes are weight-reduced currency, or lightning currency, which solves the weight problem of gold.
Lightning Network technology, designed to shorten Bitcoin transaction times, has already emerged.
The Lightning Network is a fast-processing technology that processes payments in a separate channel and then stores only the final result on the blockchain when the channel is closed.
(…)
The fact that Bitcoin's issuance is limited is also often used as evidence against Bitcoin becoming a reserve currency.
The argument is that while limited editions are advantageous for storing value, they are actually disadvantages for fulfilling the important function of currency as a medium of exchange.
Global gold reserves total approximately 200,000 tonnes as of 2024.
Unmined gold reserves are estimated at around 54,000 tons.
This is equivalent to only about 155 units if packed into a 12-meter container box.
Gold is not easily divided physically.
The Port of Busan handles an average of 33,000 container boxes per day, while the Port of Shanghai handles more than double that number.
Under the gold standard, this means that hundreds of thousands of boxes of gold were traded daily using 155 boxes of gold.
Bitcoin's issuance amount is 21 million BTC, but 1 BTC can be divided into 100 million Satoshis (Sats).
The actual circulating supply is 2100 trillion Sats, so concerns about the circulating supply are unfounded.
--- pp.243-244, from “Chapter 4: How Bitcoin Will Change the Global Economy”

Looking at the peaks of each halving over the past four halvings, the Bitcoin price has consistently trended upward over the long term.
If you make a long-term investment of more than four years, which is one cycle of the half-life, then 'now is the cheapest price' no matter when you buy.
--- p.313, from “Chapter 5 Things to Know Before Investing in Bitcoin”

Bitcoin is not just one asset among many.
It is an inevitable result of the conflict between globalization and anti-globalization.
It is a historical product that will grow as free trade turns into protectionism and the fiat currency system returns to the commodity currency system.
So, to look into the future of Bitcoin, we must first look back at the history of money.
This is much more important than studying the technical aspects of the Bitcoin blockchain.
Now that I think about it, there definitely is a secret to success in Bitcoin investing.
It sees through the essence of Bitcoin.

--- p.393, from “Chapter 6: How will the Bitcoin era evolve?”