Bitcoin's going to get hammered here, and it's obvious. You should understand why. When bond yields go soaring up and the bond market experiences volatility, everything sells off. Gold included. People got to raise cash. Mind you, there are countries around the world that are currently raising cash, probably selling bonds because they're going to have to subsidize their country and their citizens' oil consumption, energy consumption, food. Would you rather own a bunch of bonds and have your people starve or feed your people and own less bonds? It's obvious. There's no debate. And that goes for corporations. That goes for people raising cash. You sell what you can, not what you want. Bitcoin is the most sellable global liquid good there is in the world. So make no mistake, Bitcoin, there's going to be volatility. It's going to get punched in the mouth here. But this is the transition from fiat to a prosperous future. So just buckle up. Stay humble, stack assets. Reduce the consumption that you have. Reduce your spending. Find a way to increase your income if you can. This is a perfect time to turn on those DCAs. I've been saying it this entire 2026. Going to be volatile. Catch some of these dips. Strike. We've got no fee DCA, free withdrawals to cold storage. Get those sats on ice.
Okay. I kind of just mentioned this, but this is what paying before print looks like. So Bitcoin and gold, when you see these things sell off together, that means the dollar is probably ripping. The dollar is probably ripping and getting stronger because US yields are going up. People are meeting margin calls. Sovereigns are raising capital because there is an energy crisis. Think of Bitcoin and gold or hard money, these salable 24/7 liquid markets as like the ATMs for the world. Like whenever they need cash, they go to these things. Okay? That's why they react first. That's why they're usually leading in market environments like this. And that's why they're selling off. And again, this to me is what winning looks like. This is the early chapters of what a $500,000 Bitcoin is. Bond markets are going to fall apart. Inflation is going to rip everyone's head off. They're going to have to print money. If you're Bitcoin, you got to just hang on tight.
Okay. And I thought this point was interesting as well. It's unclear to me that we ever had a real bull market. So, as the economy starts to heat up, so with hot inflation is hot economic data, the economy is starting to really warm up. Now, it's not there quite yet, but you can see Bitcoin's correlation to strong economy, and I'm looking at PMI in particular, and PMI right now is at 52. This article, so I'll read straight from the article. This is from Anel Linder. He wrote, 'I've talked about the fact that 2023 to 2025 might not have been an actual bull market at all. PMI being in contraction speaks to that possibility. If that's the case, PMI is expanding right now. So that should mean price has a tailwind to go higher.' I believe this. If you look at Bitcoin in gold terms, 2023 to 2025 wasn't a bull market. We reached our previous all-time high, but we never really made a smashing new all-time high. So I don't think that the last quote unquote bull market was real. I've been in Bitcoin for almost 14 years at this point. This is nothing like the bull market post-COVID. This was nothing like the bull market experienced in 2017. So, I believe this to be true. I got my eyes on PMI and again I think as they print money, as they continue to try and finance US government at the short end, as these large massive companies roll their cash flows and raise money to pour into the real economy as opposed to equity buybacks, I think the economy will heat up. I think Bitcoin is going to go to the moon.
If you price the S&P 500 in Bitcoin or in gold, because people will say, 'Oh, you're just cherry-picking. Bitcoin started at zero, so clearly its performance is going to be better.' Okay, gold's been around for thousands and thousands and thousands of years. What about the S&P 500 priced in that? Is that okay with you, tough guy? S&P 500's getting crushed in both. So, mind you, everything you see in your life is an illusion. The S&P 500 at all-time highs in dollar terms is an illusion. It's like putting on drunk goggles. You don't drive drunk. You'll crash. You don't look at the world in fiat. It's an illusion. It's fake. It's phony. If you measure things in hard money, things that can't be printed, then the world starts to make sense. The S&P 500 is making lower after lower after lower against hard money.
Now, this is starting to look like consumer sentiment. Iran adopting Bitcoin in maybe the biggest way in Bitcoin's history ever. So, for those that missed the news, Iran officially adopted Bitcoin. They launched a Bitcoin-based insurance for Hormuz. If you want your ship to get through, more or less, you just give them some Bitcoin. And this is to me, this is crazy. And I put this slide together, the trend towards Bitcoin as the new world reserve currency. You got El Salvador adopting it as legal tender. After that, Russia legalized it for cross-border trade. Then you have an official adoption of Bitcoin under the US strategic reserve. Then you have state level reserve legislation. So independent states within the United States have reserve legislation now adopted. And now in the middle of war, global conflict, energy markets, global trade, you have Iran adopting Bitcoin not only as a store of value but as a medium of exchange for Hormuz settlement. This is what Bitcoin as the global world reserve currency actually looks like. Bitcoin is for the sanctioned. It's for the small. It's for the strategic. It's for all. It's for everybody. Money that even enemies can use. And this again, this might be Bitcoin's biggest adoption moment.
And Bitcoin does this. You know, I remember getting into Bitcoin and like some company partnered with PayPal and it was more a press release than any actual product. It was a bunch of fluff and hype. But at the time, we were just dying for any outside validation that our crazy idea that this was actually the best money in mankind. We were just dying for external validation. And so we would go nuts when like PayPal partnered with BitPay to do something. None of it actually ever came out. None of it made any sense. All of it was stupid. But we would go nuts. And it's funny just like how people value external validation, value validation at all. Whereas something like Iran using Bitcoin for settlement during a war for 20% of the world's oil supply to pass through one of the most sensitive and critical passages for global supply chains and energy consumption as we know it. People are like, meh. It's just funny how that works. This is it. It doesn't get bigger than this.
Why Iran needs to trade and use money with anybody, people they trust, people they don't trust, people that love them, people that are threatening to drop a nuke on their head. Because money is akin to water for a functioning society. It is a necessity. It is a technology we invented to solve for barter and scale human interaction. It is not that you don't have the option to be like, eh, I'm not a big fan of money. It's not like, I don't like soda. I'm going to stick with water. I don't like money. I'm going to stick with barter. That's not an option. We need money. It's like water. We will die without it. And so Iran electing Bitcoin as the money to use, knowing that everyone is trying to censor them, sanction them, and kill them. But they still need money because they still operate in a market like we all do. They still get up and have time and energy to expend. And they need to trade that so they can consume energy like calories to survive. They chose Bitcoin. They didn't choose gold. They didn't choose the dollar. They didn't choose stablecoins. They chose Bitcoin. Why? Because at the end of the day, the best money wins. That's why. Bitcoin's scarcer. It's more divisible. It's easier to transport. It's cheaper to store. It's cheaper to receive. It's more sellable. It's more liquid. All of it. Pound for pound. The best money.
Yeah, central banks are hoarding gold right now and buying up gold. Yeah, sure. Nvidia has outperformed Bitcoin over the last two months. I'm telling you, pound for pound, according to throughout human history, what makes money good? What's the best form of monetary technology? Bitcoin kicks every other money's ass. And it's not even close. One example, Iran. And people will say, 'Wow, Bitcoiners really like the Iranian regime.' You know, I liked it more when Bitcoiners were cheering on PayPal. That's the irony in it all. Bitcoin doesn't like any politician or country. You know, these are all to Bitcoin, these are all useless squiggly lines on a map that are meaningless. It's just the best money. And you can either get with it or get out of its way. But getting in its way has rendered you a loser so far in its existence in its 17 years.
