July 4th is behind us, but we still might see some fireworks
this Sunday. With Bitcoin potentially
breaking through all time highs. No surprise it's sucking the
capital out of everything. If it's.
Ramping up in terms of its success.
And let's say that that's exponential, because perhaps it
might be. Why won't Bitcoin just suck the
investment capital out of everything?
It is and it will. That's why I'm here.
Sailor knows the deal and continues to stack more corn for
their treasury. I mean, he's only made a $28
billion profit with this strategy, but who's counting?
Even though MicroStrategy and others are seeing huge excess
with the playbook playing out right in front of us, there's
going to be people who are going to try to convince you to buy
something else, some other token people like Peter Schiff.
Americans are facing an affordability crisis and there's
a life raft. If you're willing to get in,
don't miss the greatest investment opportunity of this
generation. But I guarantee you, even this
cycle, as we break out to 150 KA, 175 K, people will still
deny it. But not you.
Lock in. This is Dante Koch with Bitcoin.
Simply, let's go. There's a story about a man
who's floating in the ocean because his boat sank.
And a fishing boat comes by and he says, get in.
And he's like, no, I believe in God, and God is going to save
me. And then there's a cruise ship
whose captain happens to see him out in the water, who stops,
lowers the life raft and says, hey, get in, we're willing to
take you ashore. And he goes, no, I'm OK, God's
going to save me. And then when the cruise ship
docked, they caught a helicopter who flew out and offered to pull
the man on board the helicopter. And he said, no, I'm good.
God's going to save me. He eventually gets eaten by
sharks and then he sees God and he said God, why didn't you save
me? And he says I sent 2 boats in a
helicopter. And that's the same thing going
on with most Genzi and millennials right now.
Despite there being a life raft right in front of them, they
think that something else is going to save them.
In a recent survey done by Credit Karma, 77% of Americans
say that they're not financially secure. 49% of Gen.
Z says that the American dream is hopeless. 26% of Americans
feel like they need 150K or more just to feel secure, and only
29% believe the American dream is possible.
One in four American adults have a side hustle and you would need
to make $124,000 today and and 100,000 dollar salary in 2020.
And in order to have the same buying power or salary as you
had in 2020 at 100,000 you need to be making 124K today.
And yet Bitcoin is still not interesting to most Americans.
According to Google search trends, most millennials in Gen.
Z can't afford a house, but Bitcoin's still not interesting.
OK not to be a negative Nelly but what the actual is going on
with housing prices? I live in Charlottesville and
there are shithole ranchers that haven't been touched since the
1970s that are 1.4 million. Make it make sense.
But the average American home
cost you 46 Bitcoin in January of 2020, and it only cost you
3.7 today. It's weird.
There's this Internet dev guy named Satoshi Nakamoto who's
about to pass Warren Buffett as the 10th richest man in the
world. Probably nothing.
There was this tiny country, one of the smallest in the world and
one of the lowest and worst performing countries in terms of
GDP just a few years ago that was riddled by poverty and gang
violence. And yet they started buying this
little orange coin called Bitcoin with these advisors, Max
and Stacy, and somehow they've turned a $440 million profit.
But I guarantee you, even with a life raft coming, 2 boats and a
helicopter, well there's going to be people offering you to buy
other tokens now that Bitcoin is ripping towards all time highs.
People who supposedly have credibility like Peter Schiff.
Check out this interview from Peter Schiff in 2022 and you'll
see exactly what I mean. You can have the functionality
of Bitcoin with gold, except better, cheaper, and faster
because anybody can custody gold and if you want to tokenize it
and issue tokens that represent ownership of that gold, you can
buy the token, which means you own the gold, but you can
transact in the token. So I can send tokens or receive
tokens and I can buy goods and services or get paid for
providing services or producing goods.
I can be paid in gold, I can price my products in gold.
And we can transact with each other instantaneously using our
our cell phones or text messaging.
And the gold doesn't have to go anywhere.
The gold just sits at a vault and acts as a basis for all
these transactions. The playbook is simple.
Just buy Bitcoin. You get to Front Run Wall
Street. When Wall Street is 10% of
Bitcoin, Bitcoin will be at a million a coin, and that means
they'll be nearly $20 trillion of not Wall Street money that
will be sitting everywhere else in the rest of the world, in the
rest of whatever right the energy.
It's impossible for anybody to take over Bitcoin in a hostile
way. Bitcoin is going to be more
impactful than the Internet itself, and yet some people are
still going to miss it. You can't see it today, but it
is much more impactful than it then.
It will be much more impactful than in the Internet.
In fact, it's rebuilding than a new peer-to-peer Internet that
puts us all as equals and we create value.
And the more value we create, the the more prices fall for all
of us on that that system. And it's an equalizer around
nations. And so now you're not, as this
expands, doesn't matter where you're born, to be able to plug
into a system that effectively gets its life from enslaving
other people. You are plugged into a global
network of people contributing ideas that has been out to you.
So it's it's a lot bigger, but it's early.
Because you watch shows like Bitcoin simply and subscribe to
this channel, you're not going to be one of those that sell
your corn. You're going to be one of the
people that borrow against your corn, if at all, in order to not
sell your Bitcoin. And that's exactly what Leaden
does. They allow you to unlock liquid
it in your Bitcoin without selling your Bitcoin.
They've issued over $9 billion worth of loans to 10s of
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They were the first digital lender to do a proof of reserves
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letting dot AO slash. Simply, other people are wising
up like they did with gold. They had gold and vaults.
They have gold buried everywhere.
Well, you don't have to do all of that digging.
You can just learn how to safely, confidently and properly
secure your Bitcoin by removing it from third party exchanges in
protecting your generation to walk the right way.
But don't do it alone. Get a coach.
Go to thebitcoinway.com/simply Bitcoin to get started with
yourself. Custody journey in Bitcoin.
Bitcoiners are having their time in the sun right now for sure,
but believe me, 10/11/12, thirteen years ago they were
saying all of the things that are happening right now and
people didn't believe them. Check out this interview with
TER Domester in 2013 where you can actually see people walking
out of his presentation, but everything that he said is
coming true today. Going to make Bitcoin big and
boring so that the majority can start accepting it.
So that's why I think we are right there we have a long way
to go in the growth of Bitcoin and let's now take a look at
some possible future valuations. Global hedge funds for example,
they have around 2.3 million trillion dollars, excuse me,
under management, a part of which is cash.
So we can imagine they might diversify just 1% into Bitcoin.
Should that happen, according to my calculations, the Bitcoin
price should rise to over $1000. For one Bitcoin Argentina,
there's about $50 billion worth of paper money circulating, and
I do mean dollars. So greenbacks circulating in
Argentina. Should the Argentines one day
decide, or maybe overtime decide to switch that into Bitcoin,
Bitcoin prices will rise to rise to over $2000 per Bitcoin Gold
bugs. Gold is money, but Bitcoin is
money too, and it has some interesting characteristics.
So maybe in the future, people that own gold today might want
to divest just 1% into Bitcoin, in which case weekly prices rise
to over $3500 for a Bitcoin. And then if we've arrived there,
I mean, why wouldn't it just keep continuing?
I don't see why not because the more people get involved, the
stronger the network becomes, the more entrepreneurs that are
there to make things very easy so that even grandmothers can
start using it, etcetera. So let's continue our possible
projections. We know that the global shadow
economy, for example, has a size of around $15 trillion.
This is 2012. If we assume that the volume of
Bitcoin today would rise to something equal to that of the
shadow economy. So basically people would the
black market would become a Bitcoin based or a
cryptocurrency based black market.
And if I assume then that the Bitcoin price would rise equally
so which we can talk about whether that's a good idea, then
Bitcoin prices would rise to around $160,000 for a Bitcoin.
Should Bitcoin become actually become the new gold?
People talk about Bitcoin like gold 2 point O the new gold.
They actually use that phrase quite loosely these days.
If if this really is the case, we know that there's around
155,000 tons of above ground gold.
These are the most conservative estimates I could find.
The James Tirk estimates and multiply that with the gold
price, total valuation is around $7.2 trillion.
So if Bitcoin really does become the new gold one, Bitcoin should
be worth around $340,000. I mean imagine the implication
you own 3 bitcoins today and that makes you a millionaire.
Tomorrow you own 3000 bitcoins and you're on your way to become
a billionaire. I mean, so you can see the kind
of risk reward ratio we are talking about.
Hedge funds are allocating to Bitcoin.
Check, Bitcoin is demonetizing gold, but it's still not the
world reserve currency of the world.
And that's fine. We've got a long time before
that happens, but that still doesn't mean it's not the
greatest investment opportunity of this generation.
He didn't predict that hundreds of companies like Micro Strategy
will continue to buy Bitcoin on the daily in the weekly.
He didn't predict that you'd be able to buy Bitcoin in products
like I bet through ETFs. He probably didn't predict that
howlers will continue to be stacking and not selling.
Don't overcomplicate the trade. Get on the raft.
Don't miss out on the greatest investment opportunity of this
generation. This is Dante Cook with Bitcoin
Simply Happy stacking. Oh, but before you go, don't
forget you get an opportunity to hang out with the Bitcoin Simply
team by coming down to Dallas, TX for the Mining Disrupt
conference from November 11th through November 13th.
Get 20% off your ticket by using the promo code Simply Bitcoin.
You won't want to miss it. We're out.