How (and Why) to Take Self Custody of Bitcoin…

Dear All,

As the value of Bitcoin has been increasing significantly recently — up ~70% since I released the last report on the Bitcoin Power Law in October — I’ve been getting a lot of questions from family, friends and BTST Members along the lines of:

“Is now a good time to buy?”

“Do you think it will keep going up?”

“Is it about to crash?”

“Am I too late to buy?”

and so on…

This always happens during a “bull” market…

It’s just human nature to take an interest in Bitcoin when the price is rising rapidly and hitting new “all time highs”, and to be indifferent when its at lower price levels.

This is obviously the exact opposite of how we should think as people trying to preserve the purchasing power of our our savings.

But what I always tell anyone who asks these questions is firstly what I’m doing personally (I’m buying), and secondly; The *only* way to really answer these questions is to gain knowledge about Bitcoin, so that you can understand why — over time — it just keeps going up in purchasing power.

That’s the reason I wrote the series of reports on Bitcoin starting in 2019 and have consistently urged Members to learn about it since.

Here’s how Bitcoin has performed against the British Pound since I wrote each of those reports:

Bitcoin; The Greatest Transfer of Wealth in History?
Publish Date: 12th January 2020
Price of Bitcoin at the time: £6,247
Increase in value since: 1166.67%

Bitcoin Opportunity 2023
Publish Date: August 15th 2023
Price of Bitcoin at the time: £22,549
Increase in value since: 237.04%

How to Become a “Bitcoin Millionaire”
in the Next 24 Months:
Publish Date: December 11th 2023
Price of Bitcoin at the time: £34,755
Increase in value since: 118.67%

The Bitcoin Power Law Report
Publish Date: October 1st 2024
Price of Bitcoin at the time: £45,830
Increase in value since: 65.83%

And compared to weaker currencies than the British Pound, Bitcoin has performed even better:

For example, here you can see the Turkish Lira vs Bitcoin. In January 2020, it was ₺43,600 per Bitcoin. Today it will cost you ₺3.36 Million per Bitcoin (a 7,610% increase):

Or here’s Bitcoin vs the Venezuelan Bolivar. In January 2020 it was Bs.F. 0.00036 for one Bitcoin. Today it is Bs.F. 4.6 Million (a 1,277,780,000,000% increase) …no, that’s not a mis-print. Its what happens when a currency hyperinflates, as every single fiat currency eventually does.

How about what many of us might (arrogantly) consider a “proper” currency? This is Bitcoin priced in the Australian Dollar. In January 2020 you could buy one Bitcoin for AU$10,579. Today its AU$149,000 (a 1,308% increase):

…Or how about the Japanese Yen? In January 2020 it cost ¥794,529 for one Bitcoin. Today it is ¥14.5 Million per Bitcoin (an increase of 1,720%):

Last example — here’s Bitcoin vs the Argentine Peso. It was ARS 879,000 in January 2020. Today its ARS 98 Million (an increase of 11,049%):

I could go on and on…

Or I could ask you to find just one of the ~180 government fiat currencies in the World that hasn’t lost massive value against Bitcoin over the years.

But let me save you the effort; There isn’t a single one.

In fact the *best* performing fiat currency against Bitcoin has been the US Dollar, so lets look at how that’s performed…

In January 2020 the price of one Bitcoin in $USD was $9383. Today (at the time of writing) its exceeded $100,000 for the first time. That’s an increase of 965.75%

The point is that when you look at the data, its *obvious* even to a child that all fiat currencies are going to zero against Bitcoin sooner or later (in my view sooner).

So my question to you is: Are you getting this yet? Bitcoin is not something you have to “time the market” with, or trade in and out of.

Over time periods longer than weeks, months or a couple of years its obvious that you need to get your savings out of fiat currencies, and in to something that preserves — and in the case of Bitcoin increases — your purchasing power.

Otherwise the reward for all the hard work you’ve done over the years is just inflated away to nothing by central bankers and governments.

How about Gold?

“Ah, but what about Gold, Adam? I prefer this because I can touch it and it has a long track record as a store of value…”

Well, there has been much debate with people who store their savings in Gold. But rather than getting drawn in to that debate, let me just show you the numbers.

Here’s the chart of Gold vs Bitcoin over the last 10 years:

Clearly the market is telling us something here!

As you can see, Gold has lost 99% of its value against Bitcoin over the last decade.

But what about on a shorter timescale? Well, here’s the 5 year chart:

In January 2020, it would cost you 0.2 Bitcoin for 1 Oz of Gold. Today that same Oz of Gold would cost just 0.02 Bitcoin (actually 0.027382, but lets stick to round numbers to make the point).

Next it will be 0.002, then 0.0002, then…

Sadly many “Gold Bugs” are still in denial about this, but they sooner they wake up, the better it will be for their families.

Many Members Have Been Victims of “Bitcoin Scam”s

I’ve also had quite a number of Members telling me in recent months that they’ve been the victim of a “Bitcoin scam” in the past, where fraudsters have somehow convinced them to part with money in the name of “making money in Bitcoin”.

The scams themselves have absolutely nothing to do with Bitcoin other than the fact the scammers use the Bitcoin name, perhaps pretending they will buy or trade Bitcoin on the victims behalf, when in reality they just pocket the money.

To be clear, this is straight up fraud. The fraudsters use the word “Bitcoin” simply to dupe the victims who’ve heard of it, know it goes up in value, but don’t understand how to buy and securely store it themselves.

This is why It’s Essential to Self Custody Your Bitcoin, so that You are Impervious to Scammers, Hackers, or any other Risks

Its occurred to me recently that most Members simply don’t know how to do this, because its never been explained to them.

I’ve never outlined exactly HOW to properly self custody Bitcoin for Members, and most people simply haven’t taken the time to work out how to do it themselves. Frankly, its intimidating to learn how to do it, and entails some risk if you make a mistake.

So I’ve decided to to write a simple, concise Manual on exactly how to store Bitcoin.

The guide will be a simple step by step instruction manual with screenshots, showing exactly how to set up your Bitcoin storage so that only you (and a loved one if you so choose) you can access it.

It will assume no technical knowledge of Bitcoin on the part of the reader.

The storage solution I will outline will show you exactly how to store Bitcoin so that even if someone were to break in to your home and steal your hardware wallet, they will not be able to access your Bitcoin, but you will still be able to.

What I will outline is exactly how experienced Bitcoiners who are ultra security conscious do it.

It took me a number of years to work this out, but now (as a semi-public Bitcoiner) I don’t have to worry about theft, scams or hacks.

The Manual will show you the exact step by step process by which you can have the same security model as me and other security minded Bitcoiners.

Available to Pre-Order:

Before commencing writing (because every report I write takes a HUGE amount of work — far more than you would imagine!) I’d like to ask:

Is this something you want?

If the answer is yes, you can pre-order your copy below:

If there is little or no demand, I will refund those who order and simply not write the guide.

Assuming there are enough pre-orders to justify the work involved with writing it, the guide will be delivered no later than January 31st 2025.

If its late, you’ll still get the guide when its finished, along with a refund as well.

I can’t say fairer than that, I hope you’ll agree? :-)

By Pre-ordering on this page, you are also receiving a 25% Discount on the price of the Manual when its finished if we decide to offer it for sale (we might just deliver to Members who pre-order only).

Thanks in advance — please pre-order here:

All the best,

Adam Blair