1 00:00:00,120 --> 00:00:04,280 One day soon you're going to look back at Bitcoin's price and 2 00:00:04,280 --> 00:00:09,400 laugh, ha ha ha ha ha or cry not because it doubled, but because 3 00:00:09,400 --> 00:00:11,560 it kept going and never came back. 4 00:00:11,840 --> 00:00:15,160 There is a number out there that almost no one talks about That 5 00:00:15,160 --> 00:00:18,720 explains exactly why that is, and once you see it, you'll 6 00:00:18,720 --> 00:00:22,760 understand why the price could only go one way up forever. 7 00:00:22,760 --> 00:00:27,360 Laura, what happens when one asset starts absorbing the value 8 00:00:27,800 --> 00:00:31,560 of everything? Not just money, but property, 9 00:00:31,800 --> 00:00:37,840 companies, stocks, resources, art and every new thing that 10 00:00:37,840 --> 00:00:40,120 humans will ever create? It's not a guess. 11 00:00:40,120 --> 00:00:43,360 It's baked into math. Once you get it, you'll never 12 00:00:43,360 --> 00:00:45,200 look at bitcoins price the same way again. 13 00:00:45,280 --> 00:00:47,520 I'm oceans. This is beyond Bitcoin. 14 00:00:47,720 --> 00:00:50,240 Buckle up there, Cowboys. We're about to zoom out of the 15 00:00:50,240 --> 00:00:52,760 universe about 21 million miles away. 16 00:00:58,000 --> 00:01:00,360 OK, here's the whole thing in one line. 17 00:01:00,560 --> 00:01:02,720 Everything divided by 21 million. 18 00:01:02,720 --> 00:01:05,080 That's it. Looks familiar, right? 19 00:01:05,400 --> 00:01:09,000 We see this meme on shirts and coffee cups popularized by Knut, 20 00:01:09,000 --> 00:01:13,280 then Knut Knut Swan Hall. Here's a big question. 21 00:01:13,600 --> 00:01:16,040 What does it mean to have everything divided by 21 22 00:01:16,040 --> 00:01:17,920 million? It's easy to print on a T-shirt, 23 00:01:18,120 --> 00:01:20,960 but its message might be one of the most profound discoveries in 24 00:01:20,960 --> 00:01:22,120 our financial world. So. 25 00:01:22,120 --> 00:01:26,440 Whenever, whenever there's a thought, I I tend to extrapolate 26 00:01:27,120 --> 00:01:29,360 the thought vector into the extreme. 27 00:01:30,200 --> 00:01:34,680 OK, so, so I guess that's how I came up with the idea of 28 00:01:34,680 --> 00:01:36,600 everything divided by 21 million. 29 00:01:36,880 --> 00:01:38,960 It's just like, what? What what happens then? 30 00:01:38,960 --> 00:01:40,680 Then? Well, it must be everything, 31 00:01:40,680 --> 00:01:43,920 like forever. Like yeah, like goes to 32 00:01:43,920 --> 00:01:46,160 Infinity. It just blows the mind too. 33 00:01:46,160 --> 00:01:48,440 It's really hard to wrap the mind around. 34 00:01:49,200 --> 00:01:53,520 But also at the at the same time, if you understand Bitcoin, 35 00:01:53,560 --> 00:01:55,920 then it's in some sense it's also obvious, kind of. 36 00:01:56,480 --> 00:01:59,480 Yeah. Then again, I don't think things 37 00:01:59,480 --> 00:02:05,480 will be infinitely valuable. It's it's just that prices can 38 00:02:05,480 --> 00:02:08,160 actually go down forever and it's good for absolutely 39 00:02:08,160 --> 00:02:11,680 everyone. It's literally every single 40 00:02:11,680 --> 00:02:15,680 person working for everyone else, which it's it's just. 41 00:02:16,720 --> 00:02:19,400 It breaks the brain because we're conditioned to think that 42 00:02:19,400 --> 00:02:22,760 like inflation is a natural thing, like it's like just a law 43 00:02:22,760 --> 00:02:25,160 of. Nature is the greatest lie ever 44 00:02:25,160 --> 00:02:27,120 told. Yes, it really is. 45 00:02:28,040 --> 00:02:31,520 And you can, you can see it all around you, like if you just go 46 00:02:31,520 --> 00:02:35,880 into a 711 or something, just a supermarket and you see all the 47 00:02:35,880 --> 00:02:38,720 stuff that's in there. And some of these supermarkets 48 00:02:38,720 --> 00:02:41,800 sell like shoes and bags and stuff also. 49 00:02:42,720 --> 00:02:44,320 Why? How can they do that? 50 00:02:44,320 --> 00:02:48,160 What, what's the it's because all the stuff in the world is, 51 00:02:48,640 --> 00:02:53,120 is already in Fiat land, almost infinitely cheap to produce and 52 00:02:53,120 --> 00:02:55,800 ship. So, so like all prices are 53 00:02:55,800 --> 00:03:01,840 trending to 00 marginal cost like and production costs. 54 00:03:01,840 --> 00:03:05,840 And so why shouldn't everyone be able to tap into that? 55 00:03:06,280 --> 00:03:12,680 The only reason is that some people have kidnapped the whole 56 00:03:12,680 --> 00:03:15,520 system and and they they are able to manipulate it. 57 00:03:15,520 --> 00:03:19,400 And then, yeah. And and this has gone on, gone 58 00:03:19,400 --> 00:03:23,000 on for such a long time and so many generations that we've 59 00:03:23,040 --> 00:03:27,120 we've never had money with a fixed supply before. 60 00:03:27,120 --> 00:03:30,160 So no, no human being has ever experienced that. 61 00:03:30,400 --> 00:03:33,440 So that I guess that's why it's so hard to think outside the box 62 00:03:33,440 --> 00:03:38,800 and you know, enormous are very hard for them to deprogram them 63 00:03:39,080 --> 00:03:41,120 when it comes to the concept of money. 64 00:03:41,200 --> 00:03:44,240 Yeah, like, yeah, but then I could sell my Bitcoin like 2 65 00:03:44,240 --> 00:03:45,920 years down the line and buy a Porsche. 66 00:03:46,000 --> 00:03:48,240 Like you're missing the point dude. 67 00:03:48,640 --> 00:03:50,960 Totally. Meets Man Home didn't just come 68 00:03:50,960 --> 00:03:54,240 up with a catchy phrase. That thought is so powerful. 69 00:03:54,240 --> 00:03:57,040 He exposed maybe the most important piece of math in your 70 00:03:57,040 --> 00:04:00,600 lifetime. Everything is the total value of 71 00:04:00,880 --> 00:04:05,120 all wealth today. All buildings, houses, boats, 72 00:04:05,440 --> 00:04:09,720 barrels of bourbon, butter, biscuits, bass guitars, 73 00:04:09,720 --> 00:04:14,120 basketballs, baked goods, bonbons, books, beds, bedtime 74 00:04:14,120 --> 00:04:16,320 stories, baths. OK, enough of that. 75 00:04:16,480 --> 00:04:19,160 This number also includes all the wealth humanity will ever 76 00:04:19,160 --> 00:04:22,000 create in its future. That's the numerator side of 77 00:04:22,000 --> 00:04:24,960 this equation. The denominator, 21 million. 78 00:04:25,480 --> 00:04:27,680 This is the total number of Bitcoin that can ever exist and 79 00:04:27,680 --> 00:04:30,640 will ever be in circulation, hard coded into the network. 80 00:04:30,720 --> 00:04:33,000 And here is where it gets simple enough for a 5 year old. 81 00:04:33,440 --> 00:04:36,800 If the number grows and it always grows, and the 82 00:04:36,800 --> 00:04:41,240 denominator stays the same, what happens to the price per unit? 83 00:04:41,520 --> 00:04:44,560 I bet you can guess all rise in the presence. 84 00:04:44,880 --> 00:04:48,120 Of Dark Helmet. Yeah, it goes up supply, demand. 85 00:04:48,120 --> 00:04:50,520 You've heard before, it's not a prediction, it's economic law. 86 00:04:50,520 --> 00:04:52,920 Let's break this numerator number down for a moment. 87 00:04:53,160 --> 00:04:57,640 Why not? Today the numerator is drum 88 00:04:57,640 --> 00:05:00,600 roll. The global gold market cap sits 89 00:05:00,600 --> 00:05:05,440 at $15 trillion or $23 trillion depending on what search engine 90 00:05:05,440 --> 00:05:08,000 you ask. This is the estimated present 91 00:05:08,000 --> 00:05:13,280 value of all gold in the world. Next global real estate, $326 92 00:05:13,280 --> 00:05:17,200 trillion. Next global M2 money supply $105 93 00:05:17,200 --> 00:05:21,800 trillion M 2 money supply is the current money in circulation at 94 00:05:21,800 --> 00:05:29,360 the moment. So 105 trillion Fiat garbage out 95 00:05:29,360 --> 00:05:31,280 there. Then there's stocks, bonds, art, 96 00:05:31,280 --> 00:05:35,440 commodities dot dot dot. The list truly never ends. 97 00:05:35,600 --> 00:05:38,360 We're talking about everything and anything you can slap a 98 00:05:38,360 --> 00:05:41,160 value onto. And yes, I know I changed my 99 00:05:41,160 --> 00:05:42,840 shirt, but you don't care about that. 100 00:05:43,800 --> 00:05:47,840 But let me reiterate, I'm just talking about now, 2025 at the 101 00:05:47,840 --> 00:05:51,480 dawn of the AI revolution. Imagine what kinds of goods and 102 00:05:51,480 --> 00:05:54,320 services that could be valued in the foreseeable future. 103 00:05:54,760 --> 00:05:58,720 A utopian future of Elon's bots serving us breakfast and walking 104 00:05:58,720 --> 00:06:00,680 our dogs. Fast forward to 2050 where we 105 00:06:00,680 --> 00:06:05,600 include space mining, gold and asteroids, AI driven industries, 106 00:06:05,800 --> 00:06:09,360 new cities, new materials, new energy sources we can't even 107 00:06:09,360 --> 00:06:10,960 imagine yet. Space mining? 108 00:06:10,960 --> 00:06:15,720 Yes, Elon Musk will be out there chiseling asteroids for gold, 109 00:06:16,120 --> 00:06:19,920 probably sponsored by Gucci or Dolce Gabbana if they're still 110 00:06:19,920 --> 00:06:21,440 around. Now here's the big head 111 00:06:21,440 --> 00:06:23,160 exploding part. Everything. 112 00:06:23,160 --> 00:06:28,000 Every single unit of whatever you can dream of from now till 113 00:06:28,360 --> 00:06:31,960 forever, we'll be competing for the 21 million Bitcoin. 114 00:06:32,240 --> 00:06:34,760 You're not just bidding against people who are alive right now, 115 00:06:35,120 --> 00:06:38,200 you're bidding against every human being that will ever live. 116 00:06:38,400 --> 00:06:41,840 So think for a second how much wealth is already in the world? 117 00:06:42,040 --> 00:06:44,200 How much value can be split into units? 118 00:06:44,400 --> 00:06:48,400 Your car, your coffee, your trip to Cancun, everything that could 119 00:06:48,400 --> 00:06:51,280 be priced. Imagine dividing it by 21 120 00:06:51,280 --> 00:06:53,160 million. It's a pretty big number, but 121 00:06:53,160 --> 00:06:56,280 that number is not fixed. Life changes, things fluctuate, 122 00:06:56,800 --> 00:06:59,680 and this is the crazy part. That number on the numerator 123 00:06:59,680 --> 00:07:04,400 side continues to expand and contract while the 21 million 124 00:07:04,400 --> 00:07:08,360 Bitcoin stay the same. So where does that put bitcoins 125 00:07:08,360 --> 00:07:13,280 price in the future? The implied value today of of a 126 00:07:13,280 --> 00:07:18,080 Bitcoin today's purchasing power against today's balance sheet is 127 00:07:18,080 --> 00:07:22,480 $43 million. And I'm not talking $43 million. 128 00:07:22,480 --> 00:07:25,840 I'm talking implied purchasing power of $43,000,000. 129 00:07:26,240 --> 00:07:29,760 And two things are going to, as you move forward, two things are 130 00:07:29,760 --> 00:07:32,560 going to happen. The existing financial, the 131 00:07:32,720 --> 00:07:35,680 existing balance sheet which is just based on more pieces of 132 00:07:35,680 --> 00:07:39,720 paper has to expand and it has to expand a lot, right. 133 00:07:40,120 --> 00:07:44,680 So as that expands, then that implied purchasing power, then 134 00:07:44,680 --> 00:07:46,960 all prices will be higher inside that system. 135 00:07:46,960 --> 00:07:49,720 House prices will be higher, oil prices will be higher relative 136 00:07:49,720 --> 00:07:54,640 to the piece of paper and that will expand that that 43, three 137 00:07:54,640 --> 00:07:57,760 million. That's why it's hard to hard to 138 00:07:57,760 --> 00:08:01,240 quantify and that 43. So, but if you said purchasing 139 00:08:01,240 --> 00:08:06,320 power today, but the purchasing power of that today will rise 140 00:08:06,320 --> 00:08:09,680 forever because prices will fall forever against it. 141 00:08:10,440 --> 00:08:13,920 That's so you're dealing with both things at the same time and 142 00:08:14,080 --> 00:08:17,160 and people are measuring the price through this other 143 00:08:17,160 --> 00:08:19,200 instrument. They can't. 144 00:08:19,200 --> 00:08:21,320 That is extractive to what I just decide. 145 00:08:21,480 --> 00:08:25,160 The context is all within the time that you are doing these 146 00:08:25,160 --> 00:08:27,680 calculations. You these calculations are never 147 00:08:27,680 --> 00:08:29,560 fixed. But let me bring you back down 148 00:08:29,560 --> 00:08:32,840 to earth for a quick word from our sponsorsat123.com. 149 00:08:33,280 --> 00:08:36,440 Sat123.com has gear for sovereignty that goes way beyond 150 00:08:36,440 --> 00:08:40,640 Bitcoin, satellite phones, Faraday bags and solar powered 151 00:08:40,640 --> 00:08:43,000 generators. When the grid goes down, most 152 00:08:43,000 --> 00:08:46,160 people go dark. But with sat123.com you can keep 153 00:08:46,160 --> 00:08:49,520 your signal alive. Go to sat123.com and put the 154 00:08:49,520 --> 00:08:52,640 promo code simply for 15% off your purchase. 155 00:08:52,640 --> 00:08:56,320 Wow, it's pretty good. Make sure you keep your signal 156 00:08:56,800 --> 00:09:00,000 when everyone has lost theirs. One thing is for sure, scarcity 157 00:09:00,000 --> 00:09:02,000 doesn't just change bitcoins price. 158 00:09:02,200 --> 00:09:03,880 In fact most people stop right there. 159 00:09:04,120 --> 00:09:07,880 But if Bitcoin becomes the global denominator, the base 160 00:09:07,880 --> 00:09:11,280 unit that we price everything in, scarcity affects the price 161 00:09:11,280 --> 00:09:15,880 of goods and services. 2 Imagine this one Bitcoin today buys you 162 00:09:15,920 --> 00:09:17,920 a car. Well, today I'd buy you a really 163 00:09:17,920 --> 00:09:20,480 good car. But in five years, one Bitcoin 164 00:09:20,480 --> 00:09:23,160 will buy you 10 cars, 10 really good cars. 165 00:09:23,400 --> 00:09:25,720 And all these ten cars will probably be self driving, AI 166 00:09:26,000 --> 00:09:29,240 driven, you know, built in espresso machine sort of deal. 167 00:09:29,720 --> 00:09:31,760 Why? Because the value of Bitcoin 168 00:09:31,760 --> 00:09:35,320 doesn't just rise. The price of goods and services 169 00:09:35,320 --> 00:09:38,560 in Bitcoin fall. This is the flip side of 170 00:09:38,560 --> 00:09:41,760 inflation. In Fiat, goods and services 171 00:09:41,760 --> 00:09:45,040 actually get more expensive over time because your money gets 172 00:09:45,040 --> 00:09:47,320 weaker over time. And obviously in Bitcoin, goods 173 00:09:47,320 --> 00:09:49,760 and services get cheaper over time because your money gets 174 00:09:49,760 --> 00:09:51,200 stronger. Makes sense. 175 00:09:51,360 --> 00:09:55,680 That means wages, rent, energy, food, all of it will reprice in 176 00:09:55,680 --> 00:09:57,040 Bitcoin over time. It has to. 177 00:09:57,360 --> 00:10:01,000 That is, Bitcoin strengthens, the same amount of it will buy 178 00:10:01,000 --> 00:10:04,840 you more life over time. Why would we price everything in 179 00:10:04,840 --> 00:10:07,280 Bitcoin? Legitimate question, which I'm 180 00:10:07,280 --> 00:10:11,080 sure we've answered many times on this channel, but I got a bit 181 00:10:11,080 --> 00:10:13,640 of a spin on it. Like it or not, borders are 182 00:10:13,640 --> 00:10:17,320 breaking down region to region and even person to person. 183 00:10:18,240 --> 00:10:22,240 This can be expressed at a macro scale geopolitically, or at a 184 00:10:22,240 --> 00:10:25,760 micro scale personally. Nowhere else in our history have 185 00:10:25,760 --> 00:10:28,720 the lines of so many different things become blurred. 186 00:10:28,920 --> 00:10:32,840 Global conflicts, gender identities, musical mashups, 187 00:10:33,680 --> 00:10:38,360 brown shaken espresso, cold foam latte, Take your pick. 188 00:10:38,520 --> 00:10:42,080 Because of this acceleration of borders breaking down, the money 189 00:10:42,080 --> 00:10:45,680 and value that we transmit from region to region and person to 190 00:10:45,680 --> 00:10:49,400 person becomes more and more abstracted and arbitrary. 191 00:10:49,480 --> 00:10:51,520 The Internet, for instance, already made geography 192 00:10:51,520 --> 00:10:53,360 irrelevant for information consumption. 193 00:10:53,680 --> 00:10:56,520 Doesn't matter where you are, you can consume information from 194 00:10:56,520 --> 00:10:58,360 anywhere. And what Bitcoin does is make 195 00:10:58,560 --> 00:11:02,200 geography irrelevant for money. It breaks down the borders of 196 00:11:02,200 --> 00:11:04,360 money. The rise of Bitcoin signal in a 197 00:11:04,360 --> 00:11:06,760 population of confused entire people. 198 00:11:07,200 --> 00:11:10,840 It's proof that global trade desires A neutral measuring 199 00:11:10,840 --> 00:11:13,080 stick. The dollar used to be that, but 200 00:11:13,200 --> 00:11:15,440 politics messed that up. And what's great about Bitcoin 201 00:11:15,440 --> 00:11:18,640 is it's trustless by design. So it doesn't matter if politics 202 00:11:18,640 --> 00:11:21,640 want to mess stuff up. And once oil, wheat, 203 00:11:21,640 --> 00:11:26,120 semiconductors, cloud storage, and yeah, probably even NFTS. 204 00:11:26,120 --> 00:11:28,440 Shh. I used to own a couple of NFTS 205 00:11:28,440 --> 00:11:31,160 myself. Don't tell anyone when all these 206 00:11:31,160 --> 00:11:35,040 things are clearing in Bitcoin, everything divided by 21 million 207 00:11:35,440 --> 00:11:40,560 stops being a thought experiment and starts being a kind of life 208 00:11:40,560 --> 00:11:42,680 practice, blah blah blah blah blah. 209 00:11:44,440 --> 00:11:48,400 At some point people stop measuring Bitcoin in dollars and 210 00:11:48,400 --> 00:11:51,080 they start measuring dollars in Bitcoin. 211 00:11:51,760 --> 00:11:54,440 The dollar will just be another entry into the numerator side of 212 00:11:54,440 --> 00:11:58,760 the equation. You know, like a relic, salt or 213 00:11:58,960 --> 00:12:03,400 shells, whatever you whatever thing you want to stuff into 214 00:12:03,400 --> 00:12:05,720 that everything. The dollars will be one of them 215 00:12:06,080 --> 00:12:08,000 in 20 years. How much will you pay for a 216 00:12:08,000 --> 00:12:11,360 $5.00 bill for Bitcoin? That's really the question. 217 00:12:12,520 --> 00:12:16,280 Really funny if like a $5.00 bill was worth like $30 a 218 00:12:16,280 --> 00:12:19,480 Bitcoin today, you know, just because of its nostalgia or 219 00:12:19,480 --> 00:12:22,360 something. And when that happens, it's not 220 00:12:22,360 --> 00:12:24,120 a question of what's Bitcoin's price. 221 00:12:24,960 --> 00:12:28,400 It's more of a question of how much of that 21,000,000 do you 222 00:12:28,400 --> 00:12:30,960 own. This is the most one sided trade 223 00:12:30,960 --> 00:12:34,960 in history. A finite supply of money against 224 00:12:34,960 --> 00:12:38,960 an infinite supply of value. And yeah, maybe in 20-70 we'll 225 00:12:38,960 --> 00:12:43,720 be pricing Mars condos and asteroid jewelry and sats, but 226 00:12:43,720 --> 00:12:46,520 the math will still be the same. And if you're thinking how do I 227 00:12:46,520 --> 00:12:50,200 get a share of that now and grow it over time, well, mining is 228 00:12:50,200 --> 00:12:51,640 one of the purest ways to do that. 229 00:12:51,920 --> 00:12:55,160 No mining rig? sasmining.com has got you 230 00:12:55,160 --> 00:12:57,240 covered. They host your miners, run them 231 00:12:57,240 --> 00:13:00,360 on clean energy, and then send you that Bitcoin without you 232 00:13:00,360 --> 00:13:03,680 having to deal with the noise, the heat, or your spouse asking 233 00:13:03,680 --> 00:13:05,880 you why your garage sounds like a jet engine. 234 00:13:06,240 --> 00:13:09,880 It's turnkey, it's green, and it's a way to earn Bitcoin 24/7. 235 00:13:10,200 --> 00:13:12,880 Go to sasmining.com and book a call with one of their expert 236 00:13:12,880 --> 00:13:14,520 team members and start mining today. 237 00:13:15,320 --> 00:13:17,280 Everything forever divided by 21 million. 238 00:13:17,360 --> 00:13:19,600 It's not a slogan. That's the equation that will 239 00:13:19,600 --> 00:13:22,240 price your future. Once you see it, you can't Unsee 240 00:13:22,240 --> 00:13:24,440 it. The numerator will never stop 241 00:13:24,440 --> 00:13:28,920 growing and the denominator will never change, and that's why the 242 00:13:28,920 --> 00:13:32,240 price can only go one way forever Imotions. 243 00:13:32,240 --> 00:13:34,520 This is beyond Bitcoin. Thank you so much for watching 244 00:13:34,520 --> 00:13:36,320 this video. If you like the content you want 245 00:13:36,320 --> 00:13:39,360 to see more, make sure you hit that subscribe button below and 246 00:13:39,360 --> 00:13:42,680 the like button below and the notification bell below and you 247 00:13:42,680 --> 00:13:45,320 can get all the updates. We're coming out with content 248 00:13:45,320 --> 00:13:46,840 like this every single day of the week. 249 00:13:47,800 --> 00:13:51,200 Thank you so much for watching. Until next time.