1 00:00:00,160 --> 00:00:02,200 Everyone's asking how high Bitcoin can go. 2 00:00:02,600 --> 00:00:04,080 Yeah, 150. Maybe 2? 3 00:00:04,080 --> 00:00:07,560 100 even 2. 50 this year what? But they're asking the wrong 4 00:00:07,560 --> 00:00:09,320 question. The real question is why is 5 00:00:09,320 --> 00:00:13,280 Bitcoin the only crypto asset with a mathematical path to 6 00:00:13,280 --> 00:00:17,080 1,000,000 and beyond? When Wall Street is 10% of 7 00:00:17,080 --> 00:00:20,760 Bitcoin, Bitcoin will be at a million a coin, and that means 8 00:00:20,760 --> 00:00:26,000 they'll be nearly $20 trillion of not Wall Street money that 9 00:00:26,000 --> 00:00:30,120 will be sitting everywhere else in the rest of the world, in the 10 00:00:30,120 --> 00:00:33,040 rest of whatever right the energy. 11 00:00:33,080 --> 00:00:38,040 It's impossible for anybody to take over Bitcoin in a hostile 12 00:00:38,040 --> 00:00:39,480 way. In this video, I'm going to 13 00:00:39,480 --> 00:00:42,440 break down why Bitcoin isn't just another coin in the bag. 14 00:00:42,720 --> 00:00:46,320 It's actually the main character in the global financial reset. 15 00:00:46,560 --> 00:00:50,000 And right now the script is getting wild imotions. 16 00:00:50,000 --> 00:00:52,000 This is beyond Bitcoin. Let's dive in. 17 00:00:58,000 --> 00:00:58,760 Or do you? Think that. 18 00:00:58,760 --> 00:01:01,240 There is a pathway. To do this faster. 19 00:01:02,520 --> 00:01:04,400 Yeah. I do think there's a pathway. 20 00:01:04,640 --> 00:01:10,400 I think the place to start is to use the money that's held by the 21 00:01:10,440 --> 00:01:15,880 US Marshals Service because it was asset forfeiture monies in 22 00:01:15,880 --> 00:01:20,760 the form of digital assets that could be the basis for year one 23 00:01:21,200 --> 00:01:26,520 of a strategic Bitcoin reserve. And then we can add other 24 00:01:26,720 --> 00:01:30,280 currently held assets, assets held in a different form, 25 00:01:30,880 --> 00:01:33,800 convert them to Bitcoin and hold them later. 26 00:01:34,120 --> 00:01:38,800 So there are certain things that the administration can do using 27 00:01:38,800 --> 00:01:42,720 its existing authority and doesn't need legislation to do. 28 00:01:43,120 --> 00:01:47,000 But I think it's important eventually to have a legislative 29 00:01:47,000 --> 00:01:50,960 framework for a strategic Bitcoin reserve so it can't be 30 00:01:50,960 --> 00:01:57,800 undone by future residents. And my purpose for a strategic 31 00:01:57,800 --> 00:02:02,880 Bitcoin reserve is to set it up. Have a million Bitcoin, 5% of 32 00:02:02,880 --> 00:02:08,520 all Bitcoin, hold it for 20 years, and it will eliminate 33 00:02:08,720 --> 00:02:12,520 half of the US debt. Bitcoin is no longer a ripple. 34 00:02:12,720 --> 00:02:16,280 It's a nation state asset. Governments are buying Wall 35 00:02:16,280 --> 00:02:19,440 Street, discording, and the biggest asset manager in the 36 00:02:19,440 --> 00:02:24,400 world, BlackRock, chose Bitcoin. Not Ethereum, not Solana, not 37 00:02:24,400 --> 00:02:27,240 XRP Bitcoin. And they didn't just file an 38 00:02:27,240 --> 00:02:30,360 ETF. Larry Fink calls Bitcoin a 39 00:02:30,360 --> 00:02:33,360 flight to safety. This rally is way beyond the 40 00:02:33,360 --> 00:02:35,640 rumor. I think the the rally today is 41 00:02:35,640 --> 00:02:39,800 about a flight to quality with all the, you know, all the 42 00:02:39,800 --> 00:02:44,840 issues around the Israeli war, now global terrorism. 43 00:02:45,240 --> 00:02:48,600 And I think there's more people running into a fight. 44 00:02:48,600 --> 00:02:52,200 The quality, whether that is in treasuries, gold or crypto, 45 00:02:52,200 --> 00:02:53,640 depending on how you think about it. 46 00:02:53,880 --> 00:02:57,240 And I believe crypto will play that type of role as a flight to 47 00:02:57,240 --> 00:02:59,520 quality. Bitcoin does not hit 1,000,000 48 00:02:59,840 --> 00:03:03,400 with retail hype. It hits it with nation state 49 00:03:03,400 --> 00:03:05,680 level adoption. Here's what makes Bitcoin 50 00:03:05,680 --> 00:03:07,920 untouchable. You can't inflate it, you can't 51 00:03:07,920 --> 00:03:09,880 pause it, and you can't negotiate with it. 52 00:03:10,240 --> 00:03:12,400 Ethereum had the Dow hack rollback. 53 00:03:12,520 --> 00:03:15,960 You remember that Solana often halts operations like a bad 54 00:03:15,960 --> 00:03:17,640 Wi-Fi router. But Bitcoin? 55 00:03:17,640 --> 00:03:20,280 It just takes every 10 minutes like clockwork. 56 00:03:20,600 --> 00:03:23,440 In a world where everything's up for negotiation, Bitcoin is the 57 00:03:23,440 --> 00:03:26,520 one asset with rules, not rulers. 58 00:03:26,920 --> 00:03:28,800 The one of these that's the most interesting to me, I guess would 59 00:03:28,800 --> 00:03:33,160 be the Clarity Act, specifically because I think the way that it 60 00:03:33,160 --> 00:03:36,120 was written grandfathers in certain block chains and 61 00:03:36,120 --> 00:03:39,680 advantages them relative to what would happen if they were 62 00:03:39,680 --> 00:03:41,480 launched today. So if you look at the way the 63 00:03:41,480 --> 00:03:46,120 the the legislation was written, it allows technologies like 64 00:03:46,120 --> 00:03:49,280 Ethereum and Solana block chains to be classified as 65 00:03:49,440 --> 00:03:52,560 decentralized when they're actually not. 66 00:03:52,560 --> 00:03:55,320 And if they were launched today, they would go through a much 67 00:03:55,320 --> 00:03:57,680 different process than they're going to go through now that 68 00:03:57,680 --> 00:04:00,160 they're being grandfathered in. Now, whether or not this 69 00:04:00,160 --> 00:04:04,360 technology ultimately gives these other block chains enough 70 00:04:04,360 --> 00:04:07,840 of a step forward on Bitcoin remains to be seen as my 71 00:04:07,840 --> 00:04:10,720 perspective that the underlying technology will ultimately win 72 00:04:10,720 --> 00:04:12,840 the day. So if you look at these 73 00:04:12,840 --> 00:04:16,000 grandfathered in technologies like Ethereum and Solana, 74 00:04:16,640 --> 00:04:18,279 they're proof of stake technologies. 75 00:04:18,560 --> 00:04:22,520 And what that means is if I have a big stake in the blockchain, I 76 00:04:22,520 --> 00:04:25,120 get to say what happens. That's exactly how society works 77 00:04:25,120 --> 00:04:25,960 today. And it's not really a 78 00:04:25,960 --> 00:04:28,960 technological revolution. What's so different about 79 00:04:28,960 --> 00:04:31,880 Bitcoin is the governance of it and it's proof of work consensus 80 00:04:31,880 --> 00:04:34,560 mechanism. And so we tend to believe that 81 00:04:34,560 --> 00:04:39,200 the energy intensity that's tied to new creation of Bitcoin is a 82 00:04:39,200 --> 00:04:43,960 game changing technology. And so, you know, you can 83 00:04:44,600 --> 00:04:47,080 speculate as to why things like Ethereum have had this pop in 84 00:04:47,080 --> 00:04:49,160 the past few weeks. That's my perspective because 85 00:04:49,160 --> 00:04:51,280 this this legislative helped them have a leg up. 86 00:04:51,720 --> 00:04:53,320 I don't think in the end of the day they're going to win. 87 00:04:54,680 --> 00:04:59,560 So I guess this would enable I further. 88 00:05:00,080 --> 00:05:03,360 Essentially the way it all comes together is the government is, 89 00:05:03,360 --> 00:05:07,720 is now saying we are not going to declare certain of these 90 00:05:07,720 --> 00:05:12,360 crypto activities to be contrary to regulation as it stands right 91 00:05:12,360 --> 00:05:13,400 now. In other words, a tacit 92 00:05:13,400 --> 00:05:16,080 endorsement that this stuff can't exist in this form and can 93 00:05:16,080 --> 00:05:20,160 continue to develop, but develop toward what I really think is, 94 00:05:20,160 --> 00:05:23,520 is, is, is that an issue still or is it just, hey, Bitcoin, 95 00:05:23,520 --> 00:05:26,160 because of all the attributes you mentioned is a great store 96 00:05:26,160 --> 00:05:30,400 of value and can continue to be? Yeah, well that's exactly the 97 00:05:30,400 --> 00:05:31,920 question. People need to start thinking 98 00:05:31,920 --> 00:05:36,520 about what problem these various block chains solve, and the 99 00:05:36,520 --> 00:05:40,040 answer is most of them don't actually solve any real problems 100 00:05:40,040 --> 00:05:43,400 except Bitcoin. Let's talk Fiat. the US is 101 00:05:43,400 --> 00:05:46,080 running $2 trillion of deficits in peacetime. 102 00:05:46,360 --> 00:05:49,920 Global debt $315 trillion and climbing. 103 00:05:50,080 --> 00:05:51,880 I actually wouldn't trust all these statistics. 104 00:05:51,880 --> 00:05:54,280 I'm getting them all from ChatGPT, but I digress. 105 00:05:54,480 --> 00:05:56,160 As we know, central banks are trapped. 106 00:05:56,160 --> 00:05:58,040 They have to print. There's no way up. 107 00:05:58,240 --> 00:06:00,840 And guess what? You may not be early to Bitcoin 108 00:06:00,840 --> 00:06:03,520 anymore, but you're definitely in time for the collapse. 109 00:06:03,600 --> 00:06:07,040 Bitcoin doesn't need to moon, the dollar just has to keep on 110 00:06:07,040 --> 00:06:09,520 doing what it's doing. And Speaking of being on time 111 00:06:09,520 --> 00:06:12,440 for the collapse, are you prepared if the system really 112 00:06:12,440 --> 00:06:15,320 breaks? That's where sat123.com comes 113 00:06:15,320 --> 00:06:21,240 in. sat123.com is the go to. Sourceforsovereigntygearsat123.com 114 00:06:21,240 --> 00:06:24,840 offers Faraday bags, portable solar generators, off grid 115 00:06:24,840 --> 00:06:27,000 communication tools, and so much more. 116 00:06:27,560 --> 00:06:31,160 No fluff, no gimmicks, just the stuff you wish you had before 117 00:06:31,160 --> 00:06:33,400 the lights go out. If you're stacking Bitcoin, 118 00:06:33,440 --> 00:06:36,080 stack some preparedness too. And right now you can go to 119 00:06:36,080 --> 00:06:40,200 sat123.com and use the promo code simply for 15% off your 120 00:06:40,200 --> 00:06:42,640 purchase. That's SAT 123.com. 121 00:06:42,640 --> 00:06:45,240 Because sovereignty isn't just financial, it's physical. 122 00:06:45,640 --> 00:06:49,240 Let's face it, most cryptos are a startup with a token taped on. 123 00:06:49,720 --> 00:06:54,240 They have CEO's, road maps, venture capitalists and back 124 00:06:54,240 --> 00:06:58,240 doors. Bitcoin is property, Ethereum, 125 00:06:58,600 --> 00:07:00,920 everything else in the crypto ecosystem likely. 126 00:07:00,920 --> 00:07:03,680 They're all securities, right? Why are they securities? 127 00:07:04,360 --> 00:07:07,280 They're controlled by groups of developers. 128 00:07:07,280 --> 00:07:11,000 They're issued pursuant to Ico's initial coin offerings. 129 00:07:11,000 --> 00:07:15,120 That makes them security. If there's a pre mine and there 130 00:07:15,120 --> 00:07:18,080 was a group of of individuals that initially control the 131 00:07:18,080 --> 00:07:23,000 thing, it makes IT security. If you know if anyone can 132 00:07:23,000 --> 00:07:25,760 exercise undue influence becomes security. 133 00:07:25,760 --> 00:07:29,400 And technically, if you know, if you look at the definition, it's 134 00:07:29,920 --> 00:07:33,280 when you're making investment of money relying upon the efforts 135 00:07:33,280 --> 00:07:36,080 of others and expectation of profit, it becomes an investment 136 00:07:36,080 --> 00:07:39,040 contract, a security. OK. 137 00:07:39,360 --> 00:07:43,280 The fundamental difference between Bitcoin and Ethereum is 138 00:07:43,800 --> 00:07:46,920 Ethereum's monetary policy changes every six months. 139 00:07:47,760 --> 00:07:50,560 Every few months it changes. There's a difficulty bomb and 140 00:07:50,560 --> 00:07:53,520 Ethereum that's been getting pushed back since 2016. 141 00:07:54,000 --> 00:07:56,960 They keep pushing it back. When it goes off, it will wipe 142 00:07:56,960 --> 00:07:59,200 out. Obliterate a $50 billion 143 00:07:59,200 --> 00:08:02,400 Ethereum mining industry. Just wipe it out completely. 144 00:08:02,400 --> 00:08:05,360 Change the protocol, flip everything to proof of stake. 145 00:08:05,880 --> 00:08:09,160 They keep putting it off. OK, that sounds like a group of 146 00:08:09,160 --> 00:08:12,040 people exercising influence over the protocol. 147 00:08:12,720 --> 00:08:16,640 The thing you need to know about Bitcoin is on pizza day, May 148 00:08:16,640 --> 00:08:21,280 22nd, 2010, Bitcoin is trading for a couple of pennies for the 149 00:08:21,280 --> 00:08:24,880 first time in 15 months or or something like that. 150 00:08:25,840 --> 00:08:31,080 The protocol hadn't changed and has not changed it. 151 00:08:31,080 --> 00:08:33,960 When it was a penny, the protocols were all the same. 152 00:08:34,400 --> 00:08:37,039 Today, they're the same exact protocol. 153 00:08:37,400 --> 00:08:41,919 There was a war fought over this the block size war and the block 154 00:08:41,919 --> 00:08:45,240 size war. All of the powerful holders and 155 00:08:45,240 --> 00:08:50,000 miners and exchanges wanted to change the protocol and double 156 00:08:50,000 --> 00:08:52,960 the block size. It would have changed all the 157 00:08:53,000 --> 00:08:56,000 economics of Bitcoin forever for the next 1000 years. 158 00:08:56,000 --> 00:08:58,720 It would have screwed up the economics of the miners. 159 00:08:59,160 --> 00:09:02,720 It would have shifted the balance of power in favor of of 160 00:09:02,960 --> 00:09:07,840 of some holders versus others. That war was lost. 161 00:09:08,040 --> 00:09:12,520 The original Bitcoin protocol continued on, and that means 162 00:09:12,520 --> 00:09:17,000 it's an unadulterated protocol and it's shown itself to be 163 00:09:17,040 --> 00:09:21,000 resistant to the influence of of any group of people. 164 00:09:21,000 --> 00:09:25,080 That's what makes it property. Ethereum has Vitalic, Solana has 165 00:09:25,360 --> 00:09:29,960 Solana Labs, XRP has Brad Garlinghouse, Bitcoin. 166 00:09:30,080 --> 00:09:35,120 It has no known founder, no company, no exit strategy that 167 00:09:35,120 --> 00:09:38,160 someone can change the rules of the entire ecosystem on a Zoom 168 00:09:38,160 --> 00:09:39,560 call. It's not Bitcoin. 169 00:09:39,760 --> 00:09:43,600 Let's do the math 21 million coins, several of which are lost 170 00:09:43,600 --> 00:09:45,680 forever. ETFs and publicly traded 171 00:09:45,680 --> 00:09:48,080 companies like Strategy are gobbling up supply. 172 00:09:48,360 --> 00:09:50,920 Governments haven't even started buying in size yet. 173 00:09:51,200 --> 00:09:53,080 And here you are waiting for a pullback. 174 00:09:53,360 --> 00:09:56,280 There simply won't be enough Bitcoin to go around when the 175 00:09:56,280 --> 00:09:58,760 world wakes up. Bitcoin securitization and, and 176 00:09:58,760 --> 00:10:02,160 Bitcoin backed, you know, companies effectively buying 177 00:10:02,160 --> 00:10:05,960 Bitcoin and, and not selling it. And, and you know, if you look 178 00:10:05,960 --> 00:10:09,560 at that category, it's, it's dominated by, by MicroStrategy. 179 00:10:09,560 --> 00:10:12,120 But if you look at that category, it's like 750,000 180 00:10:12,120 --> 00:10:16,240 bitcoins or something like that are owned by Bitcoin treasury 181 00:10:16,240 --> 00:10:18,240 companies. Project that number forward. 182 00:10:18,240 --> 00:10:20,360 Like if you, if you increase the number of Bitcoin treasury 183 00:10:20,360 --> 00:10:23,160 companies and you increase their time in market and you increase, 184 00:10:23,600 --> 00:10:28,120 let's say their ability to find additional financing or dilution 185 00:10:28,120 --> 00:10:30,480 events because the price of Bitcoin is going up. 186 00:10:30,480 --> 00:10:32,600 And that's like driving liquidity into these these 187 00:10:32,600 --> 00:10:36,640 instruments, then they're going to be able to, to continue to 188 00:10:36,640 --> 00:10:40,200 grow at an ever increasing rate the amount of Bitcoin held by 189 00:10:40,200 --> 00:10:46,760 those types of, of, of vehicles. And so, you know, if 750,000 190 00:10:46,760 --> 00:10:49,360 bitcoins becomes 3,000,000 bitcoins or 4 million bitcoins, 191 00:10:49,800 --> 00:10:52,320 like it's going to cause a massive supply shock. 192 00:10:52,320 --> 00:10:54,560 And it's like, well, how do you get the Bitcoin out of those 193 00:10:54,560 --> 00:10:58,280 companies once it goes in? And so ultimately, like if, if, 194 00:10:58,680 --> 00:11:03,480 if the sailors of the world can accumulate too much Bitcoin, you 195 00:11:03,480 --> 00:11:06,240 know, it doesn't matter if people are rebalancing or not, 196 00:11:06,240 --> 00:11:09,680 there's, there's just going to be a massive squeeze on the 197 00:11:09,680 --> 00:11:12,280 market. And and until those, those 198 00:11:12,280 --> 00:11:15,120 businesses, until sailors went and sell some Bitcoin like it, 199 00:11:15,520 --> 00:11:16,920 you know, there's no solution for it. 200 00:11:16,920 --> 00:11:20,000 I mean, it's absolute scarcity. So what if you don't just own 201 00:11:20,000 --> 00:11:24,000 Bitcoin, but you actually help secure the network and earn it 202 00:11:24,000 --> 00:11:26,160 passively? That's what SAS Mining lets you 203 00:11:26,160 --> 00:11:27,880 do. They set you up with real 204 00:11:27,880 --> 00:11:31,480 Bitcoin mining and facilities powered by 100% renewable 205 00:11:31,480 --> 00:11:33,520 energy. You don't need to be tech savvy. 206 00:11:33,880 --> 00:11:35,400 You don't need a warehouse or a fan. 207 00:11:35,400 --> 00:11:38,360 That sounds like a jet engine. Just plug in and start earning 208 00:11:38,360 --> 00:11:40,440 real Bitcoin directly to your wallet. 209 00:11:40,880 --> 00:11:43,680 Go to sasmining.com and book a call with one of their expert 210 00:11:43,680 --> 00:11:45,600 team members and start mining today. 211 00:11:45,800 --> 00:11:47,440 Bitcoin is not another crypto play. 212 00:11:47,680 --> 00:11:50,280 It's a peaceful revolution wrapped in map. 213 00:11:50,400 --> 00:11:53,320 And as Fiat systems unravel, Bitcoin doesn't just stay 214 00:11:53,320 --> 00:11:55,320 steady, it becomes the center of gravity. 215 00:11:55,560 --> 00:11:59,120 The #21 million isn't magic, it's verified. 216 00:11:59,440 --> 00:12:01,880 And when that math meets the monetary madness that we have 217 00:12:01,880 --> 00:12:05,520 today, 1,000,000 a coin doesn't sound that crazy. 218 00:12:05,960 --> 00:12:08,360 That sounds inevitable. Anyway, thank you so much for 219 00:12:08,360 --> 00:12:11,080 watching this video, imotions. This is beyond Bitcoin. 220 00:12:11,280 --> 00:12:13,600 If you like what you see and you want to see more, subscribe to 221 00:12:13,600 --> 00:12:15,920 the simply Bitcoin channel. You could just hit that like 222 00:12:15,920 --> 00:12:18,640 button below, or you can hit that notification bell and 223 00:12:18,760 --> 00:12:21,160 receive updates whenever we're coming out with new content 224 00:12:21,160 --> 00:12:23,120 every single day of the week. I think that's it. 225 00:12:23,920 --> 00:12:24,640 Until next time.