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Welcome back to Bitcoin Therapy - the newsletter that makes you feel the same as finding money in a random place.

First, happy and relaxing Sunday to 2,025 of you reading today.

We officially crossed 2,000 readers on Wednesday.🥳 Big thanks to all of you reading this!

When did you subscribe? Reply to this email and let me know - I always reply back.

Alright, here’s what we got for you this week:

• Meet World Coin - your new digital slave master

• BlackRock is more bullish than you

• Quick news of the week

Estimated read time: 2 minutes and 51 seconds

SCAN YOUR EYEBALLS AND BECOME A SLAVE

Just when you think crypto can’t get any dumber…we get World Coin.

What’s that? It’s a project developed to verify humans. Think of it as digital identity.

Now here’s the fun part: you need to scan your eyeball using “The Orb.”

Here’s a TLDR on how to get your eye scanned:

1. You visit one of The Orbs and get your retina scanned

2. After the scan, you get a “World ID.” This proves you’re a real person.

3. After this, you can download the app to claim your $WLD tokens

And that’s it! You’re now a slave. Signing up for data harvesting and financial control has never been easier!

Think of it as the all-seeing eye of Sauron. Except it sees you ALL THE TIME.

And if you think people wouldn’t give up their data so easily…you’d be wrong: people are already voluntarily lining up to have their eyeballs scanned.

You know it’s BAD when even Vitalik is worried about World Coin’s privacy concerns and centralization.

We’re even seeing AI-Generated Instagram influencers (no, I am not making this up) being paid to shill World Coin.

A robot with 2 million subscribers promoting scanning your eyeballs? Sign me up!

And that’s not all. In 2021, they gave 25 WLD tokens (useless at the time) to people in poor countries willing to have their eyes scanned.

World Coin is the brainfartchild of Sam Altman, the creator of OpenAI and ChatGPT.

This is all part of the dystopian slave starter pack:

• Eat the bugs

• Live in the pod

• Scan your eyeballs

This is why Bitcoin is so important. It counterbalances the dystopian future governments and big tech are building.

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BLACKROCK RECOMMENDS 85% BTC PORTFOLIO ALLOCATION

In April 2022, three Blackrock analysts published a paper. And on page 10, they casually dropped a bomb.

Here’s what they say the optimal portfolio asset allocation is:

1. 9% Stocks

2. 6% Bonds

3. And 85% Bitcoin!

I had to read this three times before believing what I was seeing.

Why did the BlackRock analysts recommend this allocation? Simple, they believe bitcoin has potential high returns, AKA strong pumpamentals.

Disclaimer (because I don’t want to be hyperbolic): The paper is not an official statement by BlackRock but rather authored by 3 of their employees.

Personally, I think their allocation is a bit off. Here’s Bitcoin Therapy;s optimal portfolio asset allocation:

1. 100% Bitcoin

This is not financial advice. This is life advice.

Anyways. Bullish papers like this by leading financial institutions will make most financial advisors obsolete. After all, just buy bitcoin and hodl.

^{IMPROVE YOUR SH*TCOIN DUNKING SKILLS}

There’s a new book on the block - Bitcoin VS Altcoins. Written by our friend and best-selling author Phil Champagne (yes, just like the drink).

As you know, there’s a lot of shit-slinging happening in both camps. But not Phil. Phil is built different - he dives deep (and I mean DEEP) into the following questions:

• Does it really matter if other cryptocurrencies exist?

• Is Bitcoin just an outdated first draft of the concept of cryptocurrency?

• Does it have what it takes to stay the top dog?

Phil takes an honest and objective look at the big picture…and doesn’t disappoint. Support Phil by getting your soft copy here.

Oh, and readers of Bitcoin Therapy get 25% off the price. Just click click the link above to see the discounted price.

PS: This book will increase your sh*tcoin dunking skills by 69%. Minimum.

QUICK NEWS OF THE WEEK

1. RFK Jr buys 2 BTC for each of 7 kids

On July 26, Twitter Spaces (not going to say X), RFK said he would not promote an idea he didn’t believe in. As a result, he bought Bitcoin for all his 7 children (this guy f*cks).

2. $110 Trillion has been settled on BTC

Bitcoin is in the big boys league now. The more value the Bitcoin network settles, the more credibility it will have in the public’s eye.

3. Craig Wright loses appeal to McCormack

Another important victory against Faketoshi. Plus, the court is asking for a mandatory security deposit for future cases. Lol.

4. BRICS interest expands to 44 countries

*de-dollarization intensifies*

More and more countries are realizing that the era of cuckbucks is coming to an end.

We need a reset.

THIS WEEK IN A MEME 📅

I told you so, regards.

FROM THE ARCHIVE 📁

“I only have 600 BTC. I missed the bus”

Lol.

PATIENT REVIEW 🧠

That’s it for this one. Big thanks to our sponsor Stamp Seed, who allows us to write Bitcoin Therapy.

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See you next Sunday,

Bitcoin Therapy Team

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