Follow the money, they say. That will lead you to the truth.
So, let’s track some greenbacks and see where we end up…
Unless you are a centi-millionaire—unless you have at least $100 million—you’ve probably not heard of a group called R360, a group that began in 2020 with the premise that wealth is more than money. That to be good stewards of wealth, the truly wealthy must master financial, intellectual, social, human, emotional, and spiritual wealth.
Today, the group has more than 130 members whose bank accounts are, well, gargantuan.
But that’s not the story.
The story is that when R360 launched, most of its members shied away from bitcoin, worried that the intangible asset was a scam or, at the very least, had no real purpose, as do tangible assets like cash, real estate, stocks, etc.
That’s no longer the case.
Which is where following the money is going to serve you well.
See, these days R360 members are huge proponents of bitcoin.
So much so that they are the ones who met with and changed Donald Trump’s mind about bitcoin and crypto.
There was a time when Trump was anti-crypto. He saw no use for it.
Now, Trump is the first crypto-focused president in American history, and he has been actively announcing a pro-crypto agenda and hiring pro-crypto personnel for his cabinet and to put in roles at the Securities and Exchange Commission and the Commodities Futures Trading Commission.
He has proposed establishing a Bitcoin Strategic Reserve Fund for the US, he wants to see bitcoin “made in America,” and he is pushing for tax-free profits on crypto tied to US firms (which already has Twitter/X alight with projects talking about returning to or relocating to the US for the tax benefits).
All of that… apparently, it’s the work of R360.
The club of super-rich had a change of heart toward crypto after one of the world’s top (and unnamed) hedge fund managers met with the group and explained that, in the eyes of the banking sector, bitcoin is likely to emerge as an asset that owners will be able to use as collateral, much like the wealthy use real estate holdings as collateral to grow their wealth through putting debt to work.
R360 members have been frequent guests at Mar-a-Lago. They’re the ones who convinced Trump of bitcoin’s utility and purpose. R360 members also own the Bitcoin Conference, where Trump first laid out his idea for a bitcoin reserve fund.
They’re vetting the candidates Trump is proposing for various gigs within government to make sure they are adequately bullish on bitcoin and crypto.
In short, some of the wealthiest people in American society are pushing a pro-bitcoin agenda inside the most important halls of government. In doing so, they’ve convinced the soon-to-be president of the United States to turn America into the Land of the Free and the Home of the Bitcoin.
Don’t be surprised if next year we see new federal banking rules that allow banks to custody bitcoin, to offer loans against bitcoin, and to pay interest on bitcoin deposits.
I know some people will scoff at that.
But you have to consider the environment:
- Powerfully connected centi-millionaires are pushing a bitcoin agenda to a president-elect who thinks money is the root of power and who respects what people with money think and do.
- Those centi-millionaires are telling DJT that bitcoin as an asset is functionally no different than real estate, in that both are rare. No one is making any more land, and just 21 million bitcoin will ever exist (more than 90% have already been mined). When you’re talking in real estate terms to a real estate developer whose success is based entirely on debt, you’ve caught his ear.
Frankly, you don’t have to believe the bitcoin narrative.
You don’t have to understand bitcoin or crypto.
But if you understand that the powerful shape the financial world, then owning bitcoin is an absolute no-brainer.
Starting later this month, when Trump moves back into the White House, the world of crypto will fundamentally change—for the better.
Yes, bitcoin has already passed $100,000 once. And yes, if you don’t own it, you missed that move to $100k from around $20k, when I wrote that it was a good time to “begin wading” into crypto in January 2023 when the financial media was still focused on Crypot Winter.
But that was a 5x move.
What’s coming is another 5x move to $500,000… and then a doubling to $1 million… and then the sky’s the limit.
There are simply too many tailwinds blowing in favor of bitcoin.
So, I urge you: Follow the money.
Do that, and you might just earn generational wealth for your efforts.
