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Jack Mallers Calls for $400T Bitcoin on Live TV! | Simply Originals · Simply Bitcoin

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  Jack Mahler's just went on live TV and said that he sees Bitcoin
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  exploding 200X from where we are today to become a $400 trillion
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  asset. Is he insane?
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  We're breaking it down and you're not gonna believe this.
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  Jerome Powell has officially cut rates.
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  But hold on, hold on. On the same day, a golden statue
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  of Trump holding a Bitcoin is erected.
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  Erected anyway. Trump didn't care.
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  He's still pissed stuff he wants more, and it looks like the Fed
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  is going to give it to him. We have absolutely massive and
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  bullish news to get to today. Are they planning a monetary
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  reset? Better strap in, because it also
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  looks like Gigachad just sounded off on the upper turn and core
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  versus knots debate and you don't want to miss it.
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  Without further ado, you see. The price of Bitcoin heading.
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  Higher. Higher.
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  How much higher? A lot higher.
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  My general framework from the highest level is human beings.
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  Collectively, we own about $900 trillion worth of.
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  Stuff that's. Equities, the things behind us,
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  real estate, precious metals, fine art, all of the things that
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  we own, half of that we're using as a savings account.
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  We're owning the portfolio of companies or the art or the
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  house to actually try and persist wealth into the future.
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  I think bitcoins going after that market, it's going after a
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  market of 400 to $500 trillion worth, and right now it's 2 1/2
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  trillion. So I think in purchasing power
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  terms, Bitcoin can go up 100 to 200 times more from here.
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  All right, so we know Bitcoin obviously is the most.
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  Feast your eyes upon the most bullish chart known to man.
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  The Fiat overlords tremble just at the of it.
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  Mahler's isn't playing around, and he may very well be right.
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  And it feels like signals are being sent from all over the
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  place that something massive is coming from 2 trillion to 400
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  trillion. Can you imagine?
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  And that's Bitcoin. Bitcoins.
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  Awesome. But Bitcoin treasuries?
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  And here's Jack Mahler's on 21 Capital.
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  But I want to dive in to 21 today.
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  So just for our audience, let's start by level setting here.
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  Give us a brief introduction to 21.
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  Yeah, 21, we are taking the company public was back with
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  Cantor Equity Partners. We currently have the third
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  largest corporate Bitcoin position in the world in escrow
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  assuming a successful merger and it was founded by Tether and
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  myself with a minority but significant stake taken by
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  SoftBank. So we want to be the best way to
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  participate in this Bitcoin phenomenon in the capital
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  markets. We plan to implement and run
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  what people call a Bitcoin treasury business, but I think
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  one of the biggest differentiators of 21 is we
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  don't necessarily consider ourselves a Bitcoin treasury
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  company holistically. Our founding group and our board
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  consists of people that have built and currently run very
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  successful cash flow positive high margin businesses in the
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  space. We think there's a lot of
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  opportunity to not only grow Bitcoin per share and raise
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  accretive capital and acquire Bitcoin on our balance sheet,
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  but build Bitcoin software, build Bitcoin cash flow and
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  change the world with the technology itself.
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  So we are a pureplay Bitcoin business.
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  Everything about us stems from the white paper and Ogs, as they
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  say, that are now bringing Bitcoin to the capital markets
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  and what we think is an attractive fashion.
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  So that's who we are. We have let the markets know
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  that we have submitted our S4 to the SEC.
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  So we're currently in our quiet period pending approval, but
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  it's an exciting time for us and the wider industry at whole,
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  which I'm sure we'll talk about. Well, if it sounded like
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  marketing buzzwords, that's because it is.
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  Old, predatory. Here, read the 21 pitch deck.
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  And apparently nothing in that PowerPoint signals that it's
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  much different than all the rest.
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  They're just different rappers. Look, look, all I'm saying is
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  there is Bitcoin and then there are Bitcoin treasuries.
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  Not looking good. As Cena puts it, once the hype
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  is over, you need to show a real cap cash flow generating
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  business which is nowhere to be found.
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  All right, all right, now let's get to the signal pointing
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  towards a race to devalue the dollar relative to Bitcoin.
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  Uncle Jerome just cut rates. 25 bips.
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  First one of 2025 and Wall Street's acting like it's
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  Christmas morning. Trump still mad, threatened to
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  fire Jerome. Bitcoin didn't moon shot yet.
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  It's just grinding up holding that 117 K range translation.
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  It seems like deep pockets are sitting on their hands is
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  waiting to see what Powell will cough up next.
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  Because the cut itself, already priced in the real juice is in
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  the dot plot. Futures thought maybe we'd get 4
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  cuts by the end of next year. Powell's little Excel chart says
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  two more cuts this year, dropping rates toward 3.5 to
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  3.75. That's dovish, baby.
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  That's rocket fuel. It's not the cut itself, it's
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  the path implied by the dots. And you know what that means?
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  These dots appear to be pointed street to the Banana zone.
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  And let's talk seasonality. October is bitcoins month. 12
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  out of 16 Octobers have been green and most of them double
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  digits. That's kind of like betting on
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  Alabama football in the SEC when they had Nick Saban and Derrick
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  Henry GFY. The odds are in your favor.
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  So yeah, pal tried to cool the tape with this little inflation
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  caution speech, but the charts don't lie.
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  Bitcoins been stacking higher highs all September.
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  Open interest, steady long squeeze could be just waiting to
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  RIP some faces off. Bottom line, the Fed may have
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  just lit the fuse. And if history rhymes, October
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  isn't spooky season, it's breakout season.
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  Bitcoin all time highs are back on the table and so is this.
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  Well, and I'm sure you saw that Russian minister that
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  essentially commented on this. It's a.
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  Permanent private. And so it.
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  Seems like the BRICS nations are actually catching on and
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  thinking that this is our strategy.
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  Well, I think, I think that's exactly the strategy and I think
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  he's right. Look, I like, I think it's a
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  kind of a naive statement on his part.
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  Like Putin was talking about how we were going to eventually have
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  to devalue our debt in 2016, right?
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  I can, I've got the receipts. You can see it on, on, on his
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  commentary. So they've known this was how it
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  was going to go. And that's before, you know, the
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  last nine years of nonsense that that has transpired in terms of
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  our debt with COVID and all this stuff.
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  And so I, I, I think they've known that, you know, and I look
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  at things like, you know, the CEO of Tether, right, Paulo
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  Arduino said last week we're buying gold, Bitcoin and land
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  because of the hedges against coming dark times.
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  Like, yeah, the math tells you this.
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  Like this is how it's going to go.
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  Like the only mystery is like when.
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  And then sort of tactically, right?
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  It's like, well, you know, what, how, how actually are they going
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  to do it? What are the events that are
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  actually going to trigger it? I think that's what they're
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  going to try. And, and by the way, I think
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  it's really good for the world. It's really good for the US.
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  It's not really good if you own a lot of bonds, but like that's
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  been in the cake. So, you know, if we want to
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  restructure, re shore, rebalance, if we want to
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  separate from China from strategically like that can't
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  happen unless something devalues Treasury bonds relative to
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  golden Bitcoin to like 0. We are approaching a reset.
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  Just what kind of future is ahead of us?
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  I kind of share nearly the same view we got Terminator mandibles
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  or the bright orange future, all of which are bullish for
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  Bitcoin, but only one is bullish on humanity.
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  In order to attain a Bitcoin standard and a bright orange
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  future and to give yourself the best shot in the other two
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  possible scenarios, self custody is essential and protecting the
• 7:53
  thing your Bitcoin. Now I've got about a 2 minute
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  clip from Gigachet. You're going to want to see it.
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  Sailor has broken his silence on OP return and he definitely
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  addressed it with surgical precision.
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  But before we bring it home today, look at our likes 3 or 4
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  times maybe. I'll pump those numbers up.
• 8:10
  Those are rookie numbers in this racket.
• 8:12
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• 8:15
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• 8:23
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  slash simply to learn more and get 25 basis points off your
• 9:05
  first loan. All right.
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  And so I think protocol proposals, however
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  well-intentioned, can go horribly wrong.
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  And I think that the late debate that this debate we see right
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  now over OP return limits, this is actually a second order or
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  maybe even a third order change. It's, it's not changing, you
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  know, it's not changing the amount of Bitcoin, which of
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  course is an atomic 0 order change.
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  It's not changing the block side, which is the 1st order
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  change. It's, you know, it's somewhere
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  in the second and a half to 3rd order, but the reaction of the
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  community, which is, you know, to reject it, you know, an
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  inflammatory reaction I thought was a healthy response.
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  It's healthy to be skeptical of 1/3 order change to the
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  protocol, right? Because it might become a second
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  order change and it might be. And if it's a first order
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  change, it puts everything at risk.
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  And, and the biggest danger is a very talented, well funded,
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  well-intentioned developer trying to do something good.
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  That's the danger, right? Fun.
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  And and that is fundamentally the issue, which is a very
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  competent, well funded, well-intentioned developer that
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  wants to upgrade the protocol. That is the risk.
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  The risk is I've said this tongue in cheek before in my
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  long business career. I don't regret my bad ideas
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  because no one's stupid enough to to pursue their bad ideas.
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  I regret all of the good ideas that I pursued to the, you know,
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  to the detriment of my great idea.
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  Like it's the good ideas that that actually dilute the
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  product, dilute the brand, dilute the network and destroy
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  the company. The good ideas will destroy the
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  company. The good, the good idea for
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  Bitcoin will destroy Bitcoin. If I want to destroy Bitcoin, I
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  would just fund infinite developers who are very talented
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  and told them to make it better. Don't with Bitcoin guys, don't
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  lose focus. If Mahler's is right, A200X
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  could be in Bitcoin's future. And if Luke Grumman is right,
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  the race to devalue the debt and send gold and Bitcoin ballistic
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  is also on the table. The cuts have begun and October
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  is just around the corner. And again, if all these guys are
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  right, pretty much Mahler's pretty much in line with sailors
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  future projections. Well, that also means dollar set
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  parity is also on the table. Check it out.
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  As Bitcoin becomes the new world reserve asset, the price will go
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  up, it'll go to 1,000,000, it'll go to 10, and then it'll reach
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  dollar sat parity. And probably before that
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  happens, we hit a terminus point where, you know, you stop
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  pricing things in dollars because it doesn't make sense
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  anymore. And there's tons of historical
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  examples of this, right? Like fast failure of Fiat
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  currencies is the norm. It's not the exception.
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  Look at the German, the German mark, right?
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  That's fast fail. Every currency, every Fiat
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  currency fast fails. It doesn't fail over 50 to 100
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  years, except for maybe the dollar.
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  It's failed over 100 years, but it's coming to the close.
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  But as it increases in value, then of course you see less
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  volatility because it takes more to make a dent.
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  If you go back to, I think last year, right, the Saxony
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  government in Germany, they dumped 50,000 and that made a
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  bigger impact than the 80,000. So you can already see in a very
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  short time frame a far more muted effect of coins being
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  dropped. Hope for the best, prepare for
• 12:43
  the worst. Even Voltaire knew in 1729.
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  And maybe, just maybe, that's why this dumb statue was dumped
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  off or erected. Erected I'm sorry either way, is
• 12:57
  it a RIP off or a symbol of what's to come?
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• 13:22
  see you at the news desk. Hope you guys enjoyed this one.
• 13:25
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• 13:30
  to you daily. Oh yeah, and Sophie, Dante,
• 13:33
  Oceans, they all have bangers coming your way.
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  So stay tuned and I'll catch you all next time.
• 13:39
  Let me guess. If you.
• 13:41
  Prefer to go. Down with the ship.
• 13:44
  You.