Ok so why am I bullish on $XBT ?
The narrative is perfect imo and there’s an extremely bullish ability to capture mindshare and tap into an entirely different demographic that has been neglected this cycle.
This cycle has been the cycle of Bitcoin. All other usecases for crypto have been invalidated even before Trump- but whatever hope remained was annihilated by Trump decimating and invalidating all thesis’s and forms of conviction/ belief with the greatest liquidity black hole that ever occurred.
Post Trump the ethos and vibe of crypto has been one of nihilism/ apathy/ despair. Deep down all know there’s no real value here- we try to pretend otherwise- but we know it’s all vaporware to gamble on - except Bitcoin.
Bitcoin is the one true magnificent usecase of crypto- essential, timeless, powerful.
That’s why Fartcoin has done so well. Fartcoin is basically a Bitcoin narrative. It taps into the ethos of Bitcoin- its timelessness, its power, its aura. People able to view it as an another version of Bitcoin. Same with Pepe.
And then we’ve had Housecoin, Titcoin, Uselesscoin etc - and almost this entire recent meme cycle has been “Bitcoin inspired memes” / Bitcoin aura beneficiaries- because Bitcoin is timeless - there’s an inherent notion that it can last multiple cycles and live on. A hope that it could become a currency. All of the same deep value translates and elevates it to another level. They are all beneficiaries of the aura of Bitcoin. It’s the last and final hope of value and ability to allow ourselves to wildly speculate in the wake of this nihilistic crisis we are all having.
So now we have $XBT, which to me feels like the most pure expression of this trajectory. We are all trying to find ways to access the value of Bitcoin, the last remaining true value.
$XBT emerges: the trenchers Bitcoin.
XBT was the tradfi ticker for Bitcoin. Once widely used and a part of crypto culture, now phased out and forgotten, a remnant of a time long gone. It has the power of timelessness and provenance on its side- it’s iconic. I’m actually really surprised it hasn’t been done yet because it makes a powerful statement.
Personally I like the idea of just making another Bitcoin. I mean we all misssed the first one. I don’t really feel like waiting a decade for a 10x. Surely we can do better than that?
The narrative is really simple:
“This is your second chance at Bitcoin.”
“Bitcoin round two”
I think the team will go heavy heavy on the content side and treat this like a traditional cryptocurrency - professional, marketing, salesmanship, Murad mode- and all of which legitimizes this and makes the narrative of being “a second chance at Bitcoin” that much more *real*
This is a narrative for normies, for the outside world, this is a narrative meant to escape CT and create excitement in the world beyond.
The way for the community to send this is to simply replicate all of the OG forms of marketing/ exposure that Bitcoin used in its early days. Remember, Bitcoin was a meme at the start also. We have infinite ideas for exposure and publicity at our disposal.
Also the more OG Bitcoin main character/ OG CT people get involved, the more exciting and the more *real* this becomes. Peter Schiff? The Bitcoin Pizza guy? The Landfill Bitcoin harddrive guy? Many many many people who “missed” the first round who would be bullish participants for round two.
Everything here is elite imo. The team, the narrative, the vision. Infinite potential for this to capture mindshare and establish itself as the new Bitcoin of this cycle. If it can achieve even a fraction of that, 500 mil and beyond is entirely realistic imo.
It’s absurd and a wild dream no doubt, but this is a high conviction bet for me. Always wanted to be a part of another Bitcoin. I like the odds.
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