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Market Update - Crypto Q&A is happening in 7 days
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4/3 Market Update: Key Events to Watch For This Year
Okay so here's my take about where things actually stand right now into the year and what most people are completely missing. As we saw, BTC dropped below the area we discussed last week but does it go lower? What about the rest of the year? If it doesn't then what are we waiting on? When does the market turn? So let me give you my honest read, because the picture is more complex than "wait for the Fed to cut." Here's kind of what's going on beneath the surface: Let me start with this....the blue collar labor crisis in the US is becoming a bigger macro catalyst than people give it credit for. - 50,000 plumbers short by 2027. - 500,000 construction workers shortage today. - 193,000 nursing vacancies every single year through 2032. - 800,000 electricians needed by 2030 Electrician employment alone is growing twice as fast as any other occupation and nearly 30% of union electricians are about to retire on top of that. So my point is: - We have a ⬇️ workforce as baby boomers retire - We have have a ⬆️ demand for more workers - We have an ⬆️ ongoing AI race with China - We have ⬆️ costs to get people into these jobs (largely university taught - not trades/skills population) - We have ⬇️ money available due to high borrowing costs/interest rates What I'm saying is - you can't re-shore manufacturing, build out AI infrastructure, and wire a robust energy grid with a workforce that doesn't exist. The demand is locked in. The supply can't respond fast enough. That is a spending mandate whether anyone in Washington wants to admit it or not. But another thing - the ISM ----- ISM (Institute for Supply Management) Manufacturing PMI is a monthly survey of the people actually placing orders, managing supply chains, and making hiring decisions etc etc etc...It's one of the most closely watched leading economic indicators on Wall Street because it reflects real business conditions before they show up in GDP or jobs reports -------------------- okay continue
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4/3 Market Update: Key Events to Watch For This Year
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April Is Financial Literacy Month. There's One Thing They Still Won't Teach You.
April is officially Financial Literacy Month. Schools, banks, and government programs will spend the next 30 days teaching people how to budget, save, and avoid credit card debt. Ok maybe not public schools. All solid advice. Genuinely useful. And also incomplete in a way that matters. Here's what traditional financial literacy covers: - Make a budget and stick to it - Build an emergency fund (3-6 months) - Pay off high-interest debt first - Start investing early (compound interest) - Don't spend more than you earn Good rules. If you follow them, you'll be ahead of most people. So why are millions of people doing all of this and still falling behind? The part they leave out: Financial literacy programs teach you how to play the game. They never teach you how the game is built. Your grandparents bought a house on a single income. Your parents needed two. You might need two incomes and a side hustle. This isn't because people got lazier or dumber. For some people that's true lol. But for most people, something deeper is going on. Since 2020 alone, weekly household grocery spending has climbed 25-30% depending on whose data you look at. By 2028 we're on schedule to be spending a TRILLION dollars on groceries alone! The official CPI says food inflation over that same period was closer to 20%. Both numbers are real. The gap between them is where frustration lives. The dollar buys less every year. That's a structural feature of how modern money works (more dollars created = each one worth less). Every financial literacy program teaches you to save dollars. Almost none of them teach you why those saved dollars keep shrinking. ----- This is why we built The School of Bits ----- Budgeting matters. Saving matters. But understanding why your budget keeps breaking even when you follow the rules? That's the piece worth adding. Hard assets (things with fixed or limited supply) behave differently than cash in an inflationary environment: - Gold.
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April Is Financial Literacy Month. There's One Thing They Still Won't Teach You.
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Welcome to The School of Bits — Start Here!
In our 10+ years of combined experience being in this industry, we watched good, capable and smart people miss the most important financial shift of our lifetime. Not because they weren't paying attention, but because the first thing they heard was "scam" and nobody gave them an honest explanation to learn otherwise. We're not here to push a "get rich" strategy, or convince you of doing anything. We're here because the biggest financial shift of our lifetime is unfolding right now. So we built the education we wish existed, compressed it into lessons that take minutes, and made sure you never have to feel like you're already too late. This is that place. _____________________________________________________________________ Here's where to begin: Step 1 — Download The Bitcoin Castle: Before you touch a single lesson, grab our free visual guide: The Bitcoin Castle: A Visual Beginner's Guide That Explains Why Bitcoin Has Value. It's the foundation everything else is built on. If you've ever struggled to understand why Bitcoin has value at all, this is the thing that makes it click. You'll find it waiting for you at the start of the Beginner Course below. Step 2 — Start the Beginner Crypto Crash Course: This is your home base. We built this course around the questions real beginners actually ask without the weird crypto jargon and techy explanations. By the time you finish, you'll understand what Bitcoin is, why it exists, why it matters, and why the timing of this conversation is important. Step 3 — Follow the Market Breakdowns: We publish regular news breakdowns and market analysis discussions so you can start connecting what you're learning to what's actually happening in the world right now. This is where the theory you're learning becomes real and you'll start to understand that Bitcoin isn't getting more valuable, it's your dollars getting weaker. ___________________________________________________________________ What's coming: The School of Bits is a growing school and this is just the beginning.
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Welcome to The School of Bits — Start Here!
Friday's Market Update Call Change
Hey everyone! We will still do the Friday update but I'll film it and upload it to a section in the classroom. I'm still waiting on some equipment to come in to manage a livestream. Until then this is what we'll do but feel free to post any questions you want in the comments here for tomorrow!
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Friday's Market Update Call Change
The 6 Examples of Dead Gov Money They Never Teach You About
We hear this ALL the time: "Bitcoin is fake money. Why do you trust it?" They're asking the wrong question. The right question is this: Why do you trust the US dollar? Cause America's first currency actually failed spectacularly. When you look at history, pretty much every government currency falls and goes to zero. In fact, here are 6 currencies from history that dramatically collapsed. They all have the same pattern in common. (Spoiler alert...the US dollar has that pattern). - Roman Denarius (Died: 301 AD) Rome needed to fund wars. So emperors started mixing cheap metals into their silver coins. Over 200 years, the Denarius went from 95% silver to less than 5%. Prices rose 1,000%. The empire collapsed. - Continental Dollar (Died: 1781) Congress printed money to fund the Revolution. By 1781 it took 168 Continentals to buy what 1 could buy in 1775. The phrase "not worth a Continental" was born. Became literal trash. - German Mark (Died: 1923) After WWI, Germany printed marks to pay war debts. A loaf of bread cost 200 billion marks by November 1923. Workers got paid twice a day because prices rose between morning and afternoon. - Zimbabwe Dollar (Died: 2009) The government printed money to pay soldiers and fund land seizures. Peak inflation hit 79.6 billion percent per month. They printed 100 trillion dollar bills. You could buy 3 eggs with one. - Venezuelan Bolívar (Died: 2018) Oil revenues collapsed. The government's solution: print. Inflation hit 1.7 million percent in 2018. The central bank deleted 14 zeros across 3 redenominations. Bolivians crossed to Colombia carrying cash in backpacks worth less than the backpack. - Iranian Rial (Dying: 2026?) 1.6 million rials to buy 1 US dollar. 42% inflation. The central bank governor resigned. The government's current plan: delete 4 zeros. Same playbook. The Rial's grave is being dug right now. ----The Pattern---- Print → Inflate → Panic → Collapse → Repeat. 2,000 years. 6 continents. Same cycle.
The 6 Examples of Dead Gov Money They Never Teach You About
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