F&G: 75

Price: $77,000 or £59,800

Hashrate: 719

I have a feeling we’re going to be testing all time highs for a while now. At least until January when Trump takes office on the 20th January 2024 which is the date of his inauguration.

It’s easy to lose your head during a bull market, but you have to remember that life has a habit of throwing curve balls. Something could happen between now and then that throws the biggest spanner into the works that none of us expect.

But that in itself is the beauty of Bitcoin. Self-custody and the total ownership of those coins is what matters. It adds a level of risk to the game that nobody can afford to lose, for losing those keys only strengthens those who don’t lose them.

With that being said, I may start to investigate how many coins are suspected to have been lost. Some speculate that there could be as little as 15 million left to circulate. And that scares me.

It scares me because there will only ever be 21 million, and that is 6 million lost in the space of 16 years.

That propensity for loss, the fixed supply of 21 million and the rumour that Trump has called Bitcoin ‘the new oil’ really changes things.

We may be approaching a time whereby those who can secure and protect this commodity will in the long run be handsomely rewarded. People underestimate just how powerful supply and demand can be. Those who are sitting on zero.

They get left behind.