How Did NO ONE Pay Attention To THIS, Bitcoin Is Going To $1 Million BECAUSE OF THIS

How Did NO ONE Pay Attention To THIS, Bitcoin Is Going To $1 Million BECAUSE OF THIS

Hello everybody welcome back to the
channel where we talk about stuff um how
do I even begin this one of the largest
discussions constantly now within the
cryptocurrency space and I guess maybe
even also a number of years ago has been
the this is crazy has been the idea of
Bitcoin overtaking other assets um not
sure if you saw but in a couple of
videos ago we were discussing how the US
dollar and the the reason I say that one
first is because it’s the world Reserve
currency as we currently have it the US
dollar in the last 10 years you can
Google it has lost
99% of its value compared to bitcoin the
world Reserve currency when I first got
into the cryptocurrency space one of the
things that in intrigued me the most was
the idea of not only getting into a
brand new currency as it was just coming
to be but I heard Tales constantly of
how Bitcoin was going to
absorb other currencies how Bitcoin was
going to basically and I say this
lightly uh ruin other assets so bringing
it on back as well from about two weeks
ago at this point there was a video
where I was discussing on Instagram and
maybe it’s on Tik Tok as well I don’t
use Tik Tok I don’t want to have like
9,000 apps on my phone uh people were
posting reposting this video once again
of a TV show called million dooll
listing and it’s incredibly significant
and you need to understand why in in the
episode uh someone was trying to sell an
apartment for $5 million amazing uh they
got an offer that was around $4.7
million and that’s because the offer was
in Bitcoin the offer was for 50,000
Bitcoin and the person selling the
apartment said no they don’t want
Bitcoin this fake weird currency and
that Bitcoin equivalent now is worth
more than $3.3
billion the apartment itself is worth
around $25 million so there’s a nice
profit for the person who bought the
apartment who held the apartment however
the apartment compared to bitcoin’s
value the apartment has lost
99.9% of its worth its value standing
next to bitcoin I was just chatting with
a friend hello if you’re watching he
might be doing something else he was
telling me that his old boss uh bought
an apartment in the center of town where
he was living before and how absolutely
beautiful it was and we were discussing
you know property prices and things like
that and when he told me I was like what
what was the the the the value of it
before and we went over current numbers
as far as we could find them and I was
asking when he bought the apartment
compared to like now and I was like that
apartment has also lost 99% of its value
and that’s just in less than the last 10
years this discussion brings me to
something that I often think about maybe
I’m in the space a little bit too
much where this Market is going and I
don’t mean just pricewise I mean
realistically what in the world is going
on right
now I think within the cryptocurrency
space we exist in like a little bubble
there are bubbles everywhere the bubbles
inside of bubbles we are in the
financial bubble inside of a
cryptocurrency bubble inside of like a
blue chip coin kind of bubble as well
where we exist knowing Bitcoin and I’m
always surprised when people know and
have heard of Bitcoin or even have
invested in it seeing the amount of
people who are in this market compared
to I mean six seven eight years ago is
one of the weirdest things in the entire
world because I’m used to just us being
here and no one else really
understanding exactly what we’re talking
about when you talk about that Bitcoin
has been around for just about 15 years
or so one of the main discussions that I
like to have is if
the US dollar has lost 99% of its value
in 10 years to
bitcoin how much higher in price is
Bitcoin a going to go and what else also
ends up faltering or falling compared to
bitcoin you might have heard and I’m
sure you have if you haven’t welcome to
the world one of the main discussions is
Bitcoin becoming digital gold a couple
like a month or two ago which was not
major news at all is that bitcoin’s
value had risen so high that it actually
surpassed the market capitalization of
all the silver on the
planet all the silver all of it on the
planet was surpassed by Bitcoin the
Mantra has been at some point Bitcoin is
going to overtake
gold the really weird issues that we
find ourself in is that in many ways
Bitcoin already has people are looking
at market cap and they’re not looking at
the fact that over the last two years if
you’ve been paying attention to the
channel there are a lot of companies a
lot of Institutions a lot of um I don’t
want to say the word Banks people with
money have actually been selling off
their gold and getting rid of their gold
ETFs and other allocations into gold to
actually put into Bitcoin that’s already
a gigantic first step we had the news
before from Black Rock that they said
that they were talking to their clients
and they have actually suggested a so
normally you hear that the allocations
for different things that you are
investing in is normally around 1% maybe
5% depending on how it is we saw an
article that black rock told their
clients their richest clients that they
should have a 28% allocation into
Bitcoin right which is also a little bit
insane one of the news stories that was
was not picked up was not picked up at
all was not popular was not really
anywhere was that once the Bitcoin
having this year was going to take place
Bitcoin was actually going to become the
rarest and most scarce asset that we
have on the planet even crazier when the
having happened I assumed that that news
would have been picked up and people
would have been talking about it lo and
behold no one talked about it at all
when you talk about Bitcoin overtaking
gold and becoming the dominant source of
not only value but also when we see that
now there are currently governments who
are buying and Mining Bitcoin and that
also doesn’t really make it into the
public Consciousness it just kind of
lets me know one how early we are but
also the gigantic effort by and I don’t
care for the term mainstream media but
you understand the larger news
organizations how hard they’re trying to
make sure that people don’t pay
attention this also lends you know a
wink in in Jamie Diamond’s direction as
well the head of JP Morgan Chase who
immediately after the having was talking
about how terrible and horrible and
awful Bitcoin was and it’s like you
you’re not doing that for any other
asset why so much focus and attention on
this one
thing the moment the having happened a
number of things took place Bitcoin
itself became rarer became more scarce
you know the reward got cut in half but
the inflation rate of Bitcoin which is
stable actually fell as well so the
numbers are actually right
here the inflation rate of the US dollar
we are told is between four and five
somewhere percent which is also a lie
it’s probably closer to 60 70% that’s
not me tinfoil hading it it’s just
realistic if you look at how much things
continue to go up year on year four to
5% is clearly a lie for those of you who
were not here for other videos when we
were discussing gold one of the bigger
issues uh with gold is that we find more
gold on the planet year after year this
is just completely logical we’re not
living in the 1910s we’re not in
1935 the machines that we have and the
technology that we have can can more
accurately show where there’s gold
within the ground within the planet and
we can dig a lot better than having
little shovels trying to dig as best we
can we we know it’s the same exact thing
with diamonds as I’ve said before if
you’ve never seen it the diamond
industry
is crooked some people may say because
the amount of diamonds that are actually
let onto the market is around 1% of
actually what’s being found and the
other diamonds are simply being held in
Caverns and bunkers and stuff like that
diamonds are not rare they’re sold as
something that is rare a number of years
ago there were you can also Google this
as well uh JP Morgan Chase surprise got
in trouble because they were told to be
manipulating the golden silver market uh
the amount of gold so these these
companies and these Banks they own also
the institutions who are mining this
metal from the ground they also control
the supply of what actually ends up
being released to make sure to to
maintain the price because the issue is
is that there’s more gold than people
are told did not mean to Dr suit there
but you understand what I’m saying
there’s far more gold that’s actually
being found underground than is actually
being released or given to companies to
be able to put into phones and machines
and other things like that we are often
quoted that the inflation rate for gold
is anywhere from 1.5 to 2% per year
which is also a lie because that number
would logically be increasing as we have
easier ways of finding gold and even
more so if you want to really you know
throw it into the future there’s a
reason why you’ve heard a lot of like
eccentric billionaires talking about uh
mining asteroids because we know that
gold is now basically all around the
universe it’s in other things it’s on
other planets we just currently don’t
have the tools to get them but we will
and then we will have more gold and
logically gold’s price would go down but
that of course would also be controlled
1.5 to 2% is the inflation rate that
we’re normally given for gold do you
want to know bitcoin’s current inflation
rate bitcoin’s current inflation rate
after the having is
0.84% it is less than 1% even crazier is
that in four years that’s going to get
cut in half once again remember when I
told you that 2024 was meant to be and
it it’s said by all analysts everyone
out there and you who who really like
pays attention has all these charts in
the cryptocurrency space 2024 is meant
to be the shift the year not only for us
but for the public to really understand
that Bitcoin already already is the
scarcest asset that we have on the
planet there are people currently this
is not Financial advice I have to say it
because I know one person is going to
try it there are people who are already
selling off their gold who already
selling off their stocks I have a lot of
friends who are exiting their positions
in other places and or aren’t even
buying homes because they’re planning on
buying CP crypto they’re planning on
buying Bitcoin there’s an expectation
that a lot of people have that by summer
of 2025 one Bitcoin will be worth more
than a
home because Bitcoin is also rarer than
the housing market and if that’s what
happens now and Bitcoin is already being
bought up by everyone and the demand is
far outpacing the supply in 2028 guess
what it doubles again becomes twice as
rare and twice more difficult to get for
people and then at that point we’re
talking about the potential of a million
doll Bitcoin what property can you buy
right now that 70
issh th000 that will go up to a million
dollars in four or five
years very particular time to be in the
market very particular time to be on
this planet if you’ve been paying
attention to the a lot of the economic
woses um in a lot of other countries
their currencies are collapsing against
the US dollar and the US dollar is
collapsing against Bitcoin
yeah so just don’t I throw that out
there maybe maybe someone will watch the
video maybe people will understand that
about this was 2017 2018 when the guy
Plan B on Twitter uh was first talking
about Bitcoin I remember I I said it
years ago he kept on saying that 2024
was the year where Bitcoin becomes the
strongest asset on the planet it’s just
about people actually figuring it out
and the main people who are paying
attention right now are once again the
ultra wealthy and this is why why you
see this massive amount of accumulation
for Bitcoin Bitcoin is now the scarcest
asset on the
planet right um I do hope that you’ve
all enjoyed I do hope that you all are
having a great day morning afternoon
evening wherever you are wherever you
might be I do hope it’s absolutely
fantastic um there will be some articles
in the description below for those of
you who want to read and or peruse thank
you all once again for watching
listening liking commenting and
supporting and I will most certainly be
talking to you all
soon see you

Im shocked, and dare I say appalled at the amount of people who just breezed right over this news. Bitcoin has, with almost no one even realizing it, become the STRONGEST asset on the planet, and it looks like once again the people paying attention are the richest people on the planet. The next few years for Bitcoin are going to be insane as it keeps toppling currency after currency, the next step however… is other assets, who are also forced to bend the knee to Bitcoins value.

Articles: https://www.linkedin.com/pulse/bitcoin-scarcer-than-gold-after-2024-halving-conio-8wayf#:~:text=According%20to%20the%20well%2Dknown,surpassing%20miraculous%20figures%20compared%20to

#Bitcoin is now more scarce than Gold. pic.twitter.com/aJSdTk8WAb

— Sriram | theya.us (@sriramHODL) April 21, 2024

https://www.nasdaq.com/articles/quality-money:-bitcoin-to-become-scarcer-than-gold-post-halving#:~:text=For%20the%20first%20time%20since,from%201.7%25%20to%200.85%25.
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