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- 🥇The optimal investment portfolio is...
GM everyone. This is 2036, the crypto newsletter that pays you.
Here’s what we’re serving up today 🍲: everyone wants to know - what’s the perfect portfolio? Three smart analysts did a study to find out. Here’s what they found.
Let’s dig in.
🥔 Today’s meat and potatoes
Get smarter on crypto in 2 minutes
Six big financial firms are filing for an Ethereum Futures ETF.
That’s a big deal. Without getting into the weeds, an Ethereum Futures ETF means a regular Ethereum ETF won’t be far behind.
Canada already has both 🇨🇦 (most people - including Americans - can purchase them directly in their brokerage accounts).
But starting this month, some of Canada’s Ether ETFs will also enable staking.
These ETFs will expose you to Ether and its juicy 5% annual yield. Ka-ching.
Cheers to Canadian Ether ETF holders
Most individual investors are sleeping on this.
But behind the scenes, institutions are pouring in.
This week, Bank of America published a glowing review of digital assets and their role in the future of finance.
And last week, billionaire Tim Draper - a legend in the VC world (early investor in Tesla, SpaceX, Skype, Twitter, Coinbase, etc.) - went on TV to explain that:
1/ Bitcoin is going through the same curve the Internet did in the 90s.
Back then, the government discussed taxing internet usage. Others wanted to ban it altogether.
Most people didn’t want to use their credit cards online. And even getting your connection up and running could take minutes.
Look how the tables have turned.
Crypto VS Internet users starting in 1990
2/ Bitcoin will eventually become more important than fiat currency.
Having governments in charge of money is inefficient. Eventually, everyone will realize that bitcoin makes more sense.
It’s not only better but also safer.
Now - Tim Draper isn’t the only traditional finance person who understands bitcoin.
Larry Fink - CEO of the world’s largest asset manager, Blackrock - calls Bitcoin the new digital gold.
Three Blackrock employees recently conducted a study to determine the optimal investment portfolio allocation and found that:
85% in Bitcoin
9% in stocks
6% in bonds
… was ideal for optimizing long-term investment results.
Okay - so what can you do?
Get some bitcoin, get some ETH and let time do its thing.
And that’s what we’ll pay you to do today.
🍨 Dessert
Stories to read if you have FOMO
🍸 What 2036ers know that others don’t…
So you can be the smartest cookie at your next cocktail party
Why we don't intuitively get how fast the world is changing.
Our brains understand linear not exponential growth.
30 linear steps = +30
30 exponential steps = +1 billion— Misha (@mishadavinci)
6:05 PM • Jul 29, 2023
đź“ť Task
Earn $30 in BTC for a simple crypto task
Today’s going to be a double classic edition of Wallet Wednesday:
Create both a bitcoin and an Ethereum wallet and send us your addresses to enter a raffle to win $15 in BTC and $15 in ETH - for a total of $30.
If you already have wallets, you can submit these too.
And if you’re looking for wallet recommendations, the easiest to get you started is Coinbase.
But if you’re feeling fancy, here are the best options out there for Bitcoin…
For desktop: Electrum
For Android: Samourai
For iPhone: Blockstream Green
For a web wallet: BitGo
For privacy nerds: Joinmarket
For security nerds: Casa
For Ethereum, we recommend getting a Metamask wallet.
Step 1: Create bitcoin and Ethereum wallets if you don’t already them.
Step 2: Send us your public wallet addresses by filling out this form.
As always, we’ll tally all the participants in a Google sheet and mathematically choose a winner at random who’ll receive $15 in BTC and $15 in ETH.
We’ll announce the winner of today’s task in Friday’s email.
🖼️ Crypto meme of the day
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