When I tell someone out in the wild that Bitcoin can reach
$1,000,000, they typically laugh at me.
If I were to tell them ten years ago that Bitcoin could reach
$100,000, they'd probably do the same. $100,000 feels like an
impossible number. Yet here we are.
And that number happened. In fact, today as I'm recording
this video, you always have to preface at the time of this
recording, Bitcoin is at 100 and 7899.
And that's not even the all time high.
But in 2010 someone out there believed the Bitcoin would hit
$100,000 and they were called crazy by the skeptics.
You want to be rich, don't you? Oh yeah, sure, right.
That's rich. You're going to make me rich.
They were laughed at, but their price prediction wasn't wrong.
What they didn't tell you and what they could not tell you is
the path to getting there. To that 100K.
The price came true, but the path was unthinkable.
So when we're talking about $1,000,000 Bitcoin, we are on
the path, but we don't know the road.
We haven't seen the road to get there.
Hey Doc, we've. Got to back.
Up. We don't have.
Enough Rd. To get up to 80. 8.
Roads where? We're going.
We don't. Need roads?
Bank failures, lockdowns, pandemics, hash rate crashes and
whole nation's changing course on all kinds of issues including
Bitcoin. The path that Bitcoin is taking
in the next 16 years is setting up to be even more unpredictable
than the ones between 2009 and 2025.
Now, if you are new to Bitcoin or you're a seasoned 10 year
Bitcoin hodler, no altcoins toxic maxi boy stick around till
the end of this video. I bet you'll get something out
of it. And my prediction is 100 million
trillion dollar Bitcoin right now tomorrow I'm oceans, I'm
oceans, I'm oceans. This is beyond Bitcoin.
Let's dive into price predictions.
Bitcoin. Insider Adam Back.
Just updated his 2025. Bitcoin price prediction.
I think $100,000 is way too cheap.
Rather than doing a 22X, we only do an 11X.
What's your Bitcoin price prediction for the next 5 years?
$1.3 million has arrived at a prediction.
Of 10. $1,000,000 per Bitcoin by 2040. 5.
I think we're going to be $21 million in 21 years.
Large price targets feel good even before they happen.
All you have to do is say some sort of big number.
I could say 1 billion. And that just made you feel a
billion times better, didn't it? 1 billion.
I don't even have to say what it is of a billion.
I just say 1 billion. The warm buzz we get when
dreaming about $1 million Bitcoin isn't so much the money,
but it's the possibility. It's the possibility of the
money. Neuroscientists call that buzz a
dopamine anticipation Spike in a Click by Andrew Huberman says
dopamine isn't about the reward itself, it's about the
expectation of the reward. Check this clip out.
Think the reward is coming and it doesn't.
You drop below baseline levels of dopamine.
That's why you should never tell someone that this restaurant's
going to be the best restaurant you've ever been to in your
life. Exactly.
So I think the key is to to leverage dopamine reward
prediction error in the best way.
It's the surprise that you know, if you take kids, you're driving
home from school and suddenly you pull into the ice cream
shop, they're going to be so ecstatic.
But if you tell them you're going to go to the ice cream
shop and it's closed, huge drop below baseline.
Does that mean if you tell them that you're going to the ice
cream shop and it's open, that's less than not telling them
you're going to the ice cream shop and it's surprise?
Correct, it's it's they literally tear out into maximum
surprises. The maximum dopamine release,
then successful completion of the missions as it were is the
next and then unsuccessful. You can only create positive
anticipation so many times and then create a let down before
completion that the prompt delivery of the promise has very
little impact. And so you have to be very
careful with one's words. Better to say nothing than to
let somebody down for sure in the context of human
relationship. But if you reward without effort
or without success, that is devastating for a nervous
system. In fact, I've gone a record and
I'll say it again and again and again, which is that dopamine
that arrives without prior effort destroys people.
This is this is drugs, this is, you know, this is things like
cocaine and amphetamine. It's high levels of dopamine
with no effort. OK, they had to buy it.
They had to find it. They did whatever it, but that's
no, there's no physical effort or mental effort involved in
getting the dopamine peak. This is why hard work followed
by reward, great. Working hard on a relationship
and then it gets better. There's a breakthrough, whatever
it is. The bigger the promised reward,
the stronger the spike. So if I promise you a billion,
you're already spiking up to a billion.
That's how we're all wired. So when someone tweets out that
Bitcoin is going to a million, the chemistry is instantaneous,
the heart rate nudges up, the attention locks in, and hope
feels close enough to touch. Now and then we'll see a chart
that will light up our feeds, and we'll call for 10X by
Christmas or 20X by the halving. We call these moon calls by moon
boys. Moon calls by Moon boys.
I'd listen to that album anyway. These calls, they sound bold,
almost reckless, but they pull people in like a spotlight.
On a dark Rd. like myself, I thought I was going to make a
lot of money. I thought I was going to make a
lot of Fiat dollars when I first entered this space, but it turns
out I was just losing all my Fiat dollars.
That's what really happened. So you come for the Fiat dollars
and you leave with no Fiat dollars.
Mark was down 800 yesterday, 550 today.
What's going to happen tomorrow? What's going to happen over the
next year, over the next three years?
And the answer is nobody knows. And I don't believe in
forecasts, Another one of my heroes, John Kenneth Galbraith,
said. We have two kinds of
forecasters, the ones who don't know and the ones who don't
know, they don't know. And I am firmly in the first
camp. I don't know what's going to
happen in the future. And what I say is we never know
where we're going, but we sure as hell ought to know where we
are. First lesson I remember learning
at Warden was that you can't tell the quality of a decision
from the outcome. Now this is a counterintuitive
and in fact perplexing. And most people who who are not
analytical or insightful would say, well of course you can.
Good decisions work, bad decisions fail.
But the truth of the matter is that in the world there are a
lot of things that are unpredictable and random, and as
a result, good decisions fail all the time and bad decisions
succeed all the time. And we all know people, we say,
oh, he he was right for the wrong reason, or he was lucky,
or he was unlucky. The danger is simple.
The chemical rush we get has nothing to say about how we
actually get there or what the journey might even cost along
the way. Enjoy the crazy predictions and
the excitement you get from them for sure.
Remember the the feeling is just a promise, not a plan member go
up Technology is the entryway or the entry ramp onto the road to
Bitcoin euphoria. The promise is pretty powerful.
A chance to leapfrog years of slow saving.
It's why your friends finally download that exchange app even
when the prices are too high. But a moon call is still only
just a weather forecast made with the data and the mood of
the day. A price prediction is the
headline of a story that hasn't been written.
It tells us in the last page that Bitcoin hits 1,000,000, but
it skips every single chapter from here to there.
Those missing chapters could take years.
They hold recessions, elections, trade wars, energy shocks and
smaller, quieter things too. A lost job, a new baby, a health
scare. The journey from today's price
to any moon shot number is less like a straight ramp and more
like hiking a Ridge in a thick fog.
You only see the next few steps ahead of you.
Capital coming into the space will matter, Yes.
It's so old. Things that money can't
schedule, like the political calm we get from our current
administration, energy breakthroughs, public trust.
These things account for a lot of what the price is doing.
But stuff that's happened in the past 11 months has been
extraordinary. The White House has embraced
Bitcoin. This is an extraordinary
development. We didn't anticipate this.
We, we hoped that we would get a favorable administration and we
hope we get support. And we had this inkling.
But November 5th brought a sea change in politics.
And, and although we thought we might have a pro Bitcoin
president, we didn't think we get a strategic Bitcoin reserve.
We didn't think that the president would say America will
be the Bitcoin superpower of the world.
This is an amazing development. The new administration JD Vance
pro Bitcoin Robert F Kennedy pro Bitcoin Tulsi Gabbard pro
Bitcoin Kelly Loffler pro Bitcoin Paul Atkins pro Bitcoin
Brian Contest pro Bitcoin Scott Ben Besant pro Bitcoin David
Sachs. A new position, Cabinet level
position, not just pro Bitcoin. A cabinet member that would go
on television and say Bitcoin is the one decentralized crypto
network in the world. It is special.
It is the digital commodity, right?
The one thing that we've all known.
But a cabinet member in the United States government says
it. He said it in March of this
year. We also can't account for what
the price is doing because of paper Bitcoin.
This is a whole separate topic, and you can check it out in this
video right here. Wherever it lands.
There's also another factor that we're not really thinking about
when we do price predictions, and that is what will the price
actually mean if it comes true in that time?
And relive Biff's happiest moment.
As in 19. 73 He. Realized his lifelong romantic
dream by marrying. His high school.
Sweetheart Lorraine Baines McFly Third time's a charm.
Quick pause. If you'd actually like to earn
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mining.com. A price target is easy to share
for a future timeline, but the world that that price will live
in now, that part stays blank. I did say 250,000 by the end of
this year but you go out 10 years and the answer is Infinity
against the dollar. 250K sounds life changing to many but what
if a gallon of milk costs $40 by the time we get there?
How many gallons of milk can I buy with 1250K Bitcoin?
I can buy 6250 gallons of milk with one Bitcoin anyway.
That's why the money printer matters.
We don't know what world of prices we're going to be in when
these moon shot predictions come into play.
As long as I can use Fiat currency to buy my, buy my
lunch, buy my drink at the bar, I'm going to use the Fiat
currency and I'm going to save the good money, which is the
Bitcoin. Why would I spend the good
money? Now we have a perfect way to
understand this. In the United States, of course,
we have coins and we have quarters and Dimes.
Up till 1965 these were made out of pure silver.
Starting in 1965 they made them with junk metal.
That's nickel and copper. You cannot find in America a pre
65 quarter or dime in circulation.
They're all gone. They were driven out.
If you just so happened to get some change and you found a pre
65 quarter and dime, you would not spend it.
Why? Because 1/4 now is worth $4.00,
but you'd only get $0.25 for it. If you want to know what Bitcoin
is worth in the future, then you're going to have to ask
yourself what you will be able to buy with that Bitcoin in the
future. It's not just zeros on a screen.
What about energy, your food, or an hour of someone's labor?
What will that be worth? Before you go, are you thinking
about building out your own sovereignty stack?
You know, sovereignty isn't just about holding your own keys,
it's also about keeping that signal when everyone else has
lost theirs. When the grid goes down, which
has been happening a lot, most people go dark.
But with a satellite phone from SAT 123, you can stay connected
no matter what. Whether you're a prepper or a
wannabe prepper like me. Maybe you're a rancher or just,
you know, someone who's paying attention.
There's a lot of crazy stuff going on in the world, am I
right? Now is the time to be prepared.
Stop the last moments of this episode right now and go to
sat123.com/simply Bitcoin. Or if you are more familiar with
a phone, you can call 866-621-9477.
You can mention Simply Bitcoin over the phone, or you can use
the promo code simply for 15% off.
Stay connected, stay independent, and most
importantly, stay sovereign emotions.
This is beyond Bitcoin. Thank you so much for watching.
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on more content that comes out. And I predict that I'll see you
in another bit. Well, I won't see you because
I'm looking at a camera, right? But you'll see me in another
video. I predict.
I predict it. It's going to happen.
And if you don't, then you did click on that thumbnail and you
were thinking ahead. Until next time.
See you later, guys. Bye.