Marquin Summary (100% Bitcoin)

Marquin's strategy is 100% Bitcoin. This page shows the performance of Bitcoin since the start of the competition.

BTC Price Over Time

Portfolio thesis - Bitcoin

Properties of Bticoin

Bitcoin is a decentralised and secure crypto-currency with a known and limited supply schedule.

Due to the difficulty adjustment mechanism there is no way to increase the supply of Bitcoin.

It is possible to hold Bitcoin securely (secured by cryptography) with no counter party risk.

Macro landscape

Global Bitcoin adoption is currently less than 5%.

The majority of (if not all) governments around the world running fiat currencies are in debt and are actively printing more money in response to outstanding debts.

The price of Bitcoin to some degree is a determined by the formula:

= fiat money supply / 21 million

As the fiat money increases so does the price of Bitcoin.

Tail winds for bitcoin price include:

• Growing adoption worldwide
• Addressable universe - anyone who uses money
• Acessibility - anyone with an internet connection can have Bitcoin.