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$1M BITCOIN. THE NEW BULLS ARE HERE.



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It’s closer than we think what am I talking about I’m talking about a $1 million Bitcoin a lot of people who are sitting in the space sort of watching The Price move up and down or you know moving away from the idea that a $1 million Bitcoin is possible quite soon

But it’s actually a lot closer than we think and I want to walk through it for people who understand and want to understand how markets can work um when they get going and so this video I want to I want to talk about this now Samson

Mau has done a really great job at meing this idea of a $1 million Bitcoin and a $100,000 candle uh the Omega candle etc etc and it’s it’s a really interesting conversation to have but not with someone who doesn’t understand how markets can work and how Supply basic

Supply and demand works if you’re someone who is looking at this going oh that could never happen then this video is not going to make much sense to you it’s going to be a video where you basically say oh this another another bunch bunch of rubbish but if you really

Want to understand how close the idea of a $1 million Bitcoin is and you can understand numbers in a in a compounded way rather than just a linear fashion then I want to have this conversation with you and that’s who this video is for and while that video is for you you

Should subscribe because as you subscribe you make sure you don’t miss any more videos and you help me train the YouTube algorithm to put Bitcoin content in front of more people so that they don’t miss out on the opportunity while Wall Street gets its grips on 2,000 Bitcoin a day because that’s

What’s happening right now Wall Street is getting and buying 2,000 net Bitcoin a day um and that’s how much Bitcoin is going into these ETFs right and this is this is a um a an interesting reality to be in because people at this moment in time it was funny

Because two years ago people were more hyped about a $1 million Bitcoin than they are now and right now we’ve just unlocked a 200 billi billion dollar buying vehicle uh through these ETFs and it’s amazing to me that people are less bullish about Bitcoin now than they were

Two years ago and I and I think the reason is this is that the people who the majority of the people who were bullish two years ago uh were people who were hoping right they were hoping and now the people that are bullish are people who truly understand markets uh

And it’s quite an interesting rotation of of bull here right the people who understand markets which unfortunately is as a as a total number less than people who don’t understand markets and just hope um you know you’ve got a situation where where people are doubting whether this million dollar Bitcoin can come

Around but let’s talk about how how easy and how quick and what is required to get to that million dooll Bitcoin well if you’re looking at a million doll Bitcoin it would mean that the total market cap of the asset was 21 trillion firstly that’s basically double Gold’s

Market cap that’s it so the question I like to ask myself is how much better than gold is Bitcoin as an asset because you know markets ultimately end up uh where they’re supposed to end up where people see value is where the market will end up right and that’s why in a

Weird sort of way right when you think about it in a weird way the the the stock to flow of an asset has a very weird way of determining uh how that asset ranks in terms of market capitalization real estate has a high high very high stock

To flow ratio it would take 120 years to rebuild all the property that there is on this earth based on the yearly flow of real estate and therefore that has the highest market capitalization of any single asset right uh then you got stocks then you got gold um and then now

Bitcoin is creeping up into that space and if you don’t know then by April which is dis harving less than 70 some six days away Bitcoin will actually have a higher stock to flow ratio than real estate what that means is it would take if Bitcoin was in infinite and it’s not

But if Bitcoin was infinite it would take more years to replace the amount of on ground supply of Bitcoin than real estate so Bitcoin becomes it’s on its path to becoming the the hardest asset Humanity has uh in its grips at this point right and that’s going to happen unless than

7776 days so um I’d like to ask myself the question how much better than than gold is Bitcoin right how much better because if I can create a mental framework for how many multiples better without the without the you know the all of the uh the drama and the

Hoopla then I can I can understand understand how the market capitalization might turn out right it’s just a very very simple model before we dive into the to the main math here but just think about it right Bitcoin in one way is in my opinion twice as good as gold because

It is portable right it’s much more easily portable transferable movable than gold well that doubles its value in my eyes it’s twice as already twice as useful as gold because not only does it have a you know a finite Supply which is another reason so it’s three times right

CU gold doesn’t have a finite Supply but so if I’ve got one thing that I’ve already thought of where Bitcoin is better than gold and it doubles its perceived value or the value that I believe the market should derive from it and it’s twice as good as go gold well

Then the market capitalization over time should be twice as big as gold and that to me is $21 trillion $21 trillion divided by 21 Mill million gives you a million dollar approximately a million doll bitcoin price um and so you you look at that and you go okay so it’s

Just needs to be one order of magnitude better than gold and it’s multiple orders of magnitude better than gold so okay we’ve got one order of magnitude better than gold we’ve got the fact that the Haring is coming up and now let’s look at how much Capital you would actually need to get

Into um to to get it to a million dollar per Bitcoin right well if you look at the bank of America study which you know everyone has their opinion on these bull market multiples and some people think it’s 30 and some people think it’s three and some people think it’s 400 and

Whatever the number is I like to look at Bank of America’s study because I think it makes the most sense for me and at least when I’ve studied the price movements based on certain specific events in the market the Bank of America model seems to be the average of what I

Found right there’s $ 1118 to1 it means $118 uh come get added to the market market cap for every dollar that gets put into Bitcoin and so when when you study that um I’ve got the numbers written down here when you study that a $21 trillion market cap divided by

118 gives you a net investment requirement of$ 178 billion dollar into Bitcoin over a period of time now think about this black rock wanting to make a 1% so the black’s got a couple billion dollars in the fund right in their in their ETF right now well that represents Z .2% of

Black rog’s assets on the management if they wanted to make a 1% allocation of their total assets on the management over a period of time that would require a $100 billion investment and I believe that a 1% allocation is coming over time I’m not saying it’s going to come in the

Next 5 days but it’s coming over time that’s $1 178 billion investment that’s needed to get Bitcoin from a market cap of 18 of of 800 um 800 billion to 21 trillion 178 billion well black Rock’s 1% equals 100 billion right and then you’ve got Fidelity that’s already in the game

And that equals another 45 billion right and this doesn’t include the demand that’s coming from derivatives as soon as the options markets open up and the options markets will open up because they’ve been filed for it doesn’t include the demand that comes from businesses it doesn’t include the demand that comes from institutions

It doesn’t include the demand that comes from companies it doesn’t include the demand that comes from retail last cycle alone there was $25 billion being pushed into there because it was mainly retail driven right plus Michael sailor’s magic so and by the way this 178 billion doesn’t you know all this 145 billion

From just black rock and Fidelity over time doesn’t even include other Michael Sailors how many Michael Sailors do you think there are out there buying up a percentage of their net worth in Bitcoin because that’s that they see that finally as the as the protection vehicle that they need against the amount of

Money printing that’s happened this doesn’t include the fact that passive flows will start to come in and it doesn’t include the fact that the tech companies that Generation X looked up to to allow them to give them the growth of their uh portfolio are now basically turning into dividend stocks it doesn’t

Include the fact that they will be pursuing growth as a part of their portfolio and there is a completely reasonable alloc expectation to say 5 or 10% of my portfolio comes out of the of the vehicle that has generated me growth and I start looking for other vehicles

Right and it’s not just going to be Bitcoin that benefits it’s going to be other growth accelerators too but I think Bitcoin will benefit the best and the most so there’s a lot of Dynamics here that could drive you know um $1 178 billion into the market $178 billion is

A splash uh in the ocean of of the top 500 asset managers wellth top top 500 asset managers in the world control $130 trillion of wealth we’re talking about $178 billion trying to find this asset in a very very short period of time doesn’t include by the way lost coins

Because the multiplier would go up if you included lost coins here so there’s a lot here and it by the way it doesn’t even include somebody coming in taking a minor over and saying okay we’re going to fund the minor we don’t want to sell any of that Bitcoin ever right right now

The miners are holding on to that Bitcoin selling it in the bare Market what happen Happ s if someone comes and says Okay I want to buy that Miner up and and I don’t want to sell any of that Bitcoin so there is a and I think

Birkshire haway could be a perfect you know um perfect person or a perfect entity to Target that sort of acquisition once they understand the benefit of Bitcoin which they will do somewhere I predict within the 500,000 to to a million dollar Bitcoin level um and again Burkshire hathway has

Different goals to you and I so there is a lot of reasons here why $178 billion can find its way into Bitcoin in a very very short period of time um and just to put it into perspective right $178 billion is a fraction of the1 trillion

It’s like what is that .1% of the 10 trillion. 17% of the $10 trillion that’s already in Gold so could you see. 17% that’s already in Gold escaping to bitcoin once they understand what Bitcoin is that’s your $178 billion right there so you know you’ve got um there’s a lot of demand vectors

That are opening up here that people are really not respecting and again I’ll go back to the point that I made at the very beginning which is a lot of people were bullish two years ago about a million dollar price Target and now they’re less bullish and I believe this

Is because of rotation of knowledge that’s coming in and unfortunately what that means to me the way I read it is that the people who could benefit most from Bitcoin are losing faith in Bitcoin but the people who need Bitcoin the least least so to say to to not really

Need the least but the people who are already rich who understand how markets work etc etc are now coming and taking the reins of that bullishness and running with this and they’re going to leave the other people behind so it’s very very important a million doll

Bitcoin is not too far away a million doll Bitcoin is only $178 billion of buying based on back of America’s multiple and I believe that multiple climbs as the harving comes through um remember you got ETFs buying up 2,000 bit point a day net at this point and

The Haring is about to drop the daily Supply from 900 to 450 and the 2000 Bitcoin a day that the ETFs are buying is one buying vehicle doesn’t include retail it doesn’t include companies it doesn’t include any other things that I mentioned so this is quite ridiculous

For people to think that a million dollar Bitcoin is too far away we don’t know the timeline Samsung ma certainly believes that it’s going to happen a lot sooner than I do but to believe that a million dollar Bitcoin is so far into the future you’ve got to be an absolute

at this point right the amount of demand that’s been unlocked here is absolutely phenomenal yes there is a bit of rotation going on in capital through gbtc but if you are a long-term investor now is the time for your for your acquisition like we’ve got you know the

Number one $200 billion gorilla of a buying vehicle open now and the price is dipped and you’re sitting there wondering when is the right time to get in I mean it doesn’t make any sense to to me right if you understand markets now is the time that you are getting in

If you understand how assets climb now is the time that you’re getting in and one day when you wake up you are going to an experience a crash between unlimited dollar Printing and absolute finality of scarcity and at that point it will be too late because just like

The Tesla chart what happened to Tesla in 2019 2020 2021 you are going to see a sudden Rush of capital the Russell 2000 asset managers rushed into Tesla during that time period and it took the stock parabolic what’s going to happen to bitcoin when there are no other Bitcoins

When it’s the only vehicle that you can invest in and everyone wants a piece and there’s only 21 million I can’t do a stock split can’t do anything there’s only 21 million can’t print more Bitcoin there’s only 21 million what do you think’s going to happen at that point so

If you’re sitting there going a million dollar Bitcoin is unrealistic I think you need to do some self- evaluation But ultimately despite what you think about a million dollar Bitcoin there are always only three rules to bitcoin step number one you buy Bitcoin step number two you shut the

up and step number three you get fabulously wealthy

25 Comments

  1. just let this sink in its 2024 three years since the last bull market and or peak and bitcoin is struggling to go to 50k while three years ago it went to 70k with no problem and no etf! this has been thee worst investment class this year if bitcoin ends the year under 50k this asset is complete garbage period!

  2. Step 1: buy Bitcoin. Check. Buying every bit I can for the last couple years.

    Step 2: shut the fuck up. Check. I don't worry about dips, dives or rises short term. I'm buying for long term!

    Step 3: get wealthy. Currently in progress, pretty much up to Bitcoin now. If BTC goes to 1 million, that would definitely make me rich by my standards.

  3. Any updates on COPA vs Wright. The trial started yesterday re the identity of Bitcoin creator Satoshi Nakamoto. The ramifications of this case are huge and no one is covering it. Id love to hear your thoughts.

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