$1 Million Bitcoin is Closer Than You Think

$1 Million Bitcoin is Closer Than You Think

The rickety metal staircase creaked under my weight.

As I peered down into what looked like the dungeon of a medieval castle, I knew I was on the verge of discovering something big.

A few weeks ago, I traveled to Prague for Europe’s largest bitcoin conference. At the event, I met a German real estate investor who’s also a major bitcoin investor.

To speak freely, he requested anonymity. So let’s call him Karl.

Karl and I decided to have dinner at a pub to talk bitcoin. The pub is hidden in an unassuming white stone building on Maiselova Street in Prague’s Old Town.

Just a short walk away, I could see crowds of tourists taking pictures of a famous medieval astronomical clock tower in the Czech Republic capital.

On our way down to the pub’s barroom, we were nearly knocked over by a lanky young guy who’d clearly had one too many.

The barroom was brightly lit, cocooned within cavern-like walls covered in graffiti. It felt like the dungeon of an ancient castle. Today, it’s a rowdy hangout for the under-40 crowd. You’ll hear accents from all across Europe.

We were greeted by an unamused, cooler-than-you waitress who impatiently rushed us to put in our order as soon as we took a seat at one of the heavy wooden tables.

Karl sat across from me. Over crisp wheat beers and beef tartare, he began telling me about a new strategy his real estate firm was implementing…

Just as he was to begin, a group of drunkards interrupted our conversation. They started taking provocative pictures with what looked like a 7-foot tattooed gorilla in a leather jacket.

After the short interruption, Karl continued telling me about this exciting new strategy.

If I’m right, other companies will soon follow Karl’s strategy. And I believe it will upend the most valuable market in the world… Sending bitcoin’s price skyrocketing to $1 million over the next decade.

You Have to Dig Deep to Find New Ideas

At the conference, I heard from Strategy (formerly MicroStrategy) chairman Michael Saylor, Strike founder Jack Maller, Blockstream co-founder Adam Back, and others.

While it’s great to see these guys live and in person, you rarely learn anything new by attending these speeches. Most of what Saylor and Maller said on stage is old news.

I’ve learned the best ideas at these conferences come from private meetings like I had with Karl at the rowdy pub in Prague’s Old Town.

That’s where you uncover new and potentially life-changing ideas that haven’t made their way into the mainstream yet.

When I met Karl, he looked like your typical finance guy in his early 30s…

The pub was hip and cool with patrons inked all over with tattoos.

But Karl arrived in nice dress shoes, crisp pants, a buttoned-down shirt, and sported a clean haircut. I knew he was all about business.

Karl’s firm buys and manages rental properties. And he decides where to invest the income.

In the past, he either reinvested the money into more rental properties or invested it in stocks and bonds.

For decades, investing in the real estate market was a no-brainer. It’s an appreciating asset you can rent for income. You can then redeploy the income into new properties.

Karl’s firm compounded its assets over time by using this strategy. It went from owning just one apartment complex to owning dozens of them.

The cash flow from thousands of tenants is massive.

But Karl told me things are changing in Germany and across Europe, that make deploying fresh capital into new properties no longer attractive.

Just like in the United States, property prices have skyrocketed in Europe over the past five years. On top of that, new regulations limit how much landlords can raise rents.

That’s why my eyes opened wide when Karl told me about his firm’s new strategy…

Instead of investing their rental income into real estate – something the family business has been doing for decades – it’s now investing in bitcoin.

It’s no surprise why…

Over the past decade, bitcoin’s average annual return is 83%. By comparison, the average annual return of real estate in Germany is 4.3%. That’s 20x higher.

Karl wasn’t the only person to tell me they’re using rental income to buy bitcoin instead of more properties.

The day before I met him, I had lunch with a real estate investor from the United Kingdom in the conference hall cafeteria. He’s a British gent in his late 50s who now spends his time traveling the world.

The UK real estate investor is implementing a similar strategy to Karl’s firm, and for the same reasons.

He’s had enough headaches that come with managing properties in the UK. He now prefers to own “digital property” in the form of bitcoin.

We’re also seeing this strategy implemented stateside.

Earlier this year, Grant Cardon’s investment firm, Cardone Capital, launched the 10x Miami River Bitcoin fund.

The $5 billion fund manages a 346-unit multifamily property and owns $15 million BTC. The fund then converts a portion of rental income into bitcoin.

As more property owners wake up to the fact that you can generate much greater returns without the headaches of managing a property, they’re going to want in.

The Puck Is Headed to This $390 Trillion Market Next

When MicroStrategy (now Strategy) became the first publicly traded company to add bitcoin to its corporate treasury in 2020, people thought Michael Saylor was crazy.

Like Teeka, he knew bitcoin would be an incredibly sound form of money. Governments couldn’t print it out of thin air like they do with fiat currencies.

Since then, Strategy’s stock has climbed more than 2,900%. By comparison, the S&P 500 is up just 76%.

Today, 80 publicly traded companies have adopted Saylor’s “bitcoin standard” by holding bitcoin as part of their treasury reserves. And more are on the way.

There’s $8 trillion in cash sitting on corporate balance sheets around the world. If just 10% of that capital flows into bitcoin, that’s $800 billion in buying pressure.

But the corporate treasury story is where the bitcoin puck is now. To make real money, you need to anticipate where the puck is headed next.

And I believe it’s heading to real estate.

According to PCM Property Group, the global real estate market is worth about $390 trillion.

That’s bigger than the combined value of the $133 trillion bond market, the $124 trillion global stock market, and the $23 trillion gold market.

If just 0.1% of the $390 trillion real estate market leaks into bitcoin, that’s $390 billion in buy-side pressure.

As Teeka wrote last week, we’re in the early stages of the greatest wealth transfer in human history.

It all comes down to what’s called the “monetary premium.” In short, it’s the extra value that comes from using an asset to store wealth rather than for its actual purpose.

And Teeka believes the monetary premium that’s been trapped in housing for decades is beginning to flow into bitcoin:

Real estate is the biggest prize pool BY FAR. And bitcoin is just beginning to tap into it. When it finally does, $1 million BTC may look cheap.

Keep stacking bitcoin!

Houston Molnar

P.S. Despite bitcoin gaining adoption as a global asset, many altcoins have lagged this year. But Teeka believes we’re about to see a massive turnaround.

By the time people realize what’s happening, it’ll be too late. That’s why he’s holding a special briefing on Wednesday, July 23, at 8 p.m. ET.

During this briefing, Teeka will reveal an upcoming catalyst he believes will jumpstart altcoin season… plus his blueprint to profit from it.

He’ll also give away a recommendation completely free. It’s a coin that will get a boost from this catalyst… So there’s a lot of upside potential.

Go here to reserve your spot, and be sure to share these details with your friends and family, so you can help prepare as many people as possible for the coming catalyst.