#1542 Jordi Visser | Bitcoin Could DOUBLE In Price This Year?!

— Jordi Visser, a macro investor with 30 years of Wall Street experience, argues that recession fears are overblown because job losses are not occurring and consumption remains strong as 70% of the economy.

— The relationship between native-born and foreign-born job growth has shifted, with native-born Americans now seeing stronger job gains; public sector job decline and private sector growth are new trends worth monitoring.

— Gold is up 20% year-to-date while Bitcoin is up 3–4%, but Bitcoin has outperformed in the last five days; Visser expects Bitcoin to reach new all-time highs by summer while the stock market may struggle.

— The global reserve currency system is breaking down due to weaponization of the dollar through sanctions and loss of trust from foreign central banks and bondholders; this shift will accelerate Bitcoin adoption.

— Michael Saylor and MicroStrategy's large capital allocation plans ($84 billion) signal a shift in how corporate capital structures work; Bitcoin is viewed as the "S&P 500 of the future capital structure system."

— A potential "BitBond" structure—a US treasury bond with 10% Bitcoin backing and a 1% coupon plus upside participation—could help address fiscal and debt-to-GDP concerns while offering investors downside protection with Bitcoin upside.

— S&P 500, NASDAQ, gold, and Bitcoin all up double digits over the last 12 months; S&P and MAG7 flat or positive in April despite broader market perception of decline.

— Jobs report shows 120,000 jobs created with better-than-expected gains; weekly claims remain low; native-born job growth accelerating while foreign-born growth slows.

— Income growth 4.3% year-over-year; corporate buybacks on pace for $1 trillion this year; pension funds and endowments forced to invest to meet liabilities.

— Bearish sentiment on AI at 60 levels—close to 2008 crisis lows (20s)—suggesting room for rally without major sell-off; hedge funds still holding bearish positioning despite market gains.

— Visser estimates Bitcoin at 100-to-1 odds of success; expects S&P 500 and Bitcoin to reach all-time highs before year-end, though stock market likely to underperform Bitcoin.

— Monitor the composition of job growth (native vs. foreign-born, public vs. private sector) as leading indicators of structural economic shifts; if immigration reverses, labor shortages will intensify and create tailwinds for wage growth and employment.

— Reposition from mega-cap growth stocks (MAG7) into sectors like healthcare, financials, and commodities that will benefit from a multipolar world, lower dollar reserve currency status, and institutional capital rotation to non-correlated assets.

— Bitcoin's structural case strengthens if the BitBond concept or similar innovations gain traction; institutions and governments may adopt Bitcoin not as currency but as capital structure—allocate accordingly if conviction is high.