Cryptocurrency

The Real Reason Bitcoin And Crypto Is The Answer!



In this video George talks about US Debt, BTC Volume, Bitcoin adoption and more!

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0:00 US Debt
3:45 Bitcoin
4:47 BTC Volume
6:07 BTC ETFs
8:12 Foreign BTC ETFs

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

US national debt is above 34 trillion right on top very left hand side 34 trillion 205 billion 86 million 436 and it’s counting really fast why is this important well because pal rfed in the US um did a 60 Minutes interview and vowed that he will proceed carefully

With interest rate Cuts this year right now we do have a lot of data CPI pce and a few other things that measure inflation but until this gets stopped and we start reversing we’re going to have inflation forever because we can’t pay off the interest as

A country and we have to borrow more which means that thatt goes higher right that that’s just how it is or we print more money which makes the debt go higher again so you know pal could do what he can but inflation is going to keep on going it’s not going to stop

It’s going to keep robbing people of their wealth over time and it’s going to add up tremendously but near term though near term because of what he said you know analysts are predicting that in March there’s a very little chance in that’s not actually that’s not that bad that’s

Better than I expected 70.5% chance that pal regardless of what he said uh he will Cut Rate well the very first one 25 25 base point0 25% um in March although if it doesn’t happen that’s okay because it’s predicted 56% chance if he doesn’t cut

In March it’ll be in May and then if you look at it because it could you could go and look at predictions all the way until December in June we have a 50% chance to get another 25% cut okay and then it just starts going

Down and then in July we may get another 25 basis point cut 41% and you know it’s going to start escalating what did I say about this year it’s election year okay p is going to be forced look at that by November we may have cut up to 75% or

1% from where we are now this year is an election year and Pal’s under a lot of pressure to make markets look good regardless of inflation is high or not he’s going to cut but if he starts in May which is just basically weeks after the having event it’s going to be

Tremendous markets are going to fly high okay starting in May I think I you know I predict it probably be like July but you know may there’s a big gap between March and may right two two months span so it could happen but we have a little chance that in

March it could happen too I doubt it though I doubt it but we’ll see regardless I think Ray cuts are going to be a huge Catalyst for this year it has nothing to do with Bitcoin yet it does because when the market starts blowing up when money is like you know

Everyone’s making money hand over fit especially in Wall Street you know they’re going to want to put money into other assets like crypto especially now because we have spot ETFs and it’s going to be glorious after I having event Bitcoin will be scarcer than gold or the

Inflation rate of Bitcoin will be cut in half in April in case you still don’t understand the concept right now only about 900 Bitcoins get Min per day after the having event only 450 will be mined per day so the inflation Bitcoin is being cut in half and it is going to

Make it super super scarce for any new Bitcoin to come and release into the market the miners are you going to eat it up or the exchanges or black rocks of the world they’re going to be eating it up and let’s not forget Robin Hood and cash app and PayPal these fintech

Companies they’re eating it up too they’re selling Bitcoin where are they getting it from right either from the miners themselves or from the exchanges like coinbase who has enormous amount of Bitcoin to sell until they don’t even th this last month January Bitcoin saw its highest monthly volume since September of

2022 and why is that because the big boys like Black Rock and Fidelity and Ark and Van a and everyone else they saw massive inflows of Bitcoin into their funds massive despite the fact that Bitcoin stalled out and gry scale was still selling hundreds of billions of

Dollars of Bitcoin per day even despite grayscale doing that the others soaked it up That’s How Strong the market is when you have someone that dumped $6 billion dollars worth of bitcoin and Bitcoin didn’t Flinch didn’t do anything and just kept going sideways that shows you how strong the market is and

Speaking of Black Rock and Fidelity their ETFs are among the highest net flows of all ETFs in existence that shows you how strong they are okay okay it’s already outstanding this is how much interest there is from the institutional Big Boys grayscale sold about $6 billion Black Rock already accumulate

More than 3 billion Fidelity probably more than 2.8 billion by this point and Arc and bitwise they’re closing in at $700 billion or 700 million they’re going to get to a billion soon so the market is being eaten up within 2 weeks 15 00 no not, 15005 billion dollar worth of bitcoin

Has been taken off the market and it’s now held by these funds I mean that’s during a pretty quiet time so just just compute that for a second this is when Bitcoin is going sideways around 42 43,000 now imagine when we’re Breaking Upwards to 48 again 50

And then we’re breaking up to 70 and then we break up to 100 imagine how much fomo there will be compared to where it is now just in a stale period right again I think people are massively underestimating how much these ETFs will contribute to the pumps that are coming

The fomo doesn’t just come from retail they’re going to come from institutions institution fomo You could argue are a thousand times more bullish than retail because they have a thousand times to a million times more money that could be coming in right that’s shortterm we all look forward to

That we want everyone to buy long term it’s horrible because these big guys with a million times more money they will be locking up all the Bitcoin you don’t want that to happen because when by then Bitcoin be over a million dollars when you try to DCA you don’t

Want to let that happen there’s still time to buy cheap Bitcoin which is where it is now anytime we’re below alltime High say it’s cheap but you got other countries too Hong Kong is trying to proove spot ETFs South Korea is going to discuss spot ETFs with Gary Gensler not

Sure that’s a good idea South Korea is threatened that a lot of their institutions are going to be buying spot Bitcoin ETF from the US so they want to ask Gary for his opinion so they may be opening up their spot ETFs too it’s all coming it’s not just us worldwide

There’s going to be fomo everywhere from retail to Wales to institutions that’s coming this year there’s no stopping this it’s not going to be stopped

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