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Did $1M BITCOIN Just Become INEVITABLE? | Simply Originals · Simply Bitcoin

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Are you tired of winning? Because I've got some bad news
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for you. Bitcoin just broke 86,000, which
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obviously means it's going to zero.
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Yeah, pack it up, sell everything.
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Jeep house chart says so. Worst bull market ever.
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I mean look at this thing sideways, choppy, boring.
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I was promised an Omega candle and all I got was a stinky finky
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and then you got people saying stop worrying about the bear
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market, go outside, relax, touch some grass.
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So you go outside and it looks like this.
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Oh jeez. That's not peace.
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That's a horror movie. But listen, I keep hearing about
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these bears. Watch out for the bears.
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The bears are coming. The bears are back.
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Yeah, I see them. They're big.
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They've got teeth. But let's be honest, they're
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kind of soft. One God candle and they scatter
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like the roaches that they are. So no, we're not retreating.
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It's time to stand our ground and fight the bears.
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And the bears, they better cherish this moment because big
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things are happening. Coinbase institutional volume
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has gone vertical, not up, not trending vertical.
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And every single time volume goes vertical, Bitcoin goes
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parabolic. This is the biggest
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institutional volume spike we've ever seen.
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Glass. No, just casually dropped this
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Bitcoin whales. But $23 billion worth of Bitcoin
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in just the last 30 days. And just so you know, that is
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the largest whale accumulation in 13 years.
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That's right, Christmas is coming.
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You're not ready for today's show.
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And spoiler alert, $1,000,000 Bitcoin is still on the table.
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All right, let's reset the board.
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Over the past year, Bitcoin has not been in a bull market, and
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it hasn't been in a bear market either.
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What we've been in is something far more important, an
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accumulation and distribution phase.
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That's where markets go quiet, sideways, boring prices move in
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a range, all while ownership quietly changes hands.
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And here's what actually happened.
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New larger holders were accumulating.
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Long term holders were selling into strength.
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Thousands of coins rotated, billions of dollars changed
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hands. And historically, every single
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time Bitcoin completes one of these phases, the next move is
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violent and up. Now before we go any further, we
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need to talk about something important because all this isn't
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just about Bitcoins price. This is about principles,
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freedom, liberty. Just in, President Donald J
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Trump says he will consider a pardon for the CEO of Samurai
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Wallet. Mr. President, this week a man
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named Keoni Rodriguez is going to federal prison for creating
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crypto privacy software. The case was started under the
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Biden administration, but your DOGDOJ kept it going and secured
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the conviction. A lot of people in crypto are
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saying that this man should be pardoned.
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Are you familiar with the case at all, or would you be
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interested? I've heard about it, I'll look
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at it. Why you think you should be
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pardoned? Sounds like it sounds like based
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on your question. Many people.
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On the Rodriguez, we'll look at that, Pam.
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OK, let's take a look at it. You know, you'll have to tell
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me. I don't know anything about it,
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but we'll take a look. That matters because samurai
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didn't steal, they didn't scam, and they didn't defraud.
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They built open source, non custodial Bitcoin software that
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lets everyday people protect their financial privacy.
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That's it. And you know what?
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If you actually care about America being strong, about
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innovation, about freedom, you pardon Samurai, full stop.
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And while we're talking about freedom, let's not memory hold
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this one. Trump talked about affordability
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to get elected. Now affordability is suddenly a
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scam and a hoax. Starting on day one, we will end
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inflation and make America affordable again.
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But the word affordability is a Democrat scam.
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One of my top priorities will be to quickly defeat inflation and
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make America affordable again. I don't want to hear about the
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affordability. We will make America affordable
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again. We're going to make it
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affordable again. You know, there's this fake
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narrative that the Democrats talk about affordability.
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Affordability is a con job. We will target everything from
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car affordability to housing affordability.
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You know, this whole thing is they use the word affordability.
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It's a Democrat hoax. Tell that to people who worked
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80 hours this week and still can't afford Christmas gifts for
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their family and loved ones. Tell that to families who can't
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afford groceries, can't afford rent, and have lost all hope in
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the future in the quote UN quote American dream.
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And then they have to read shit like this. 650 million more of
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your tax dollars approved not to help Americans, but to help
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corrupt foreign regimes. I am rooting for you, you orange
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man, but get your shit together because if this is the golden
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age, it's starting to look a lot like a technocratic dystopia.
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And that's why Bitcoin exists. Here's the beautiful part.
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Whether they fix it or not, Bitcoin wins.
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Their incompetence is bull fuel. Stemi's are coming dead is
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exploding. The Fiat monster that destroyed
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this country, it's reign of terror is coming to an end.
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It's giving me a lot of hope for the future.
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I mean, I, to be honest with you, being a gold guy and
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fighting the war, you know, you get rundown.
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I mean, I, you know, you get really, really rundown.
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And here we were fighting these gold wars and, you know, we got
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these reinforcements. I mean, these Bitcoin guys are
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charging up the hill with a sharper spear and we're going to
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kill this Fiat monster. And you know, the gold guys were
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trying to kill the Fiat monster too.
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But to be honest with you, we weren't doing that good a job.
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We're getting our asses kicked. And a sailor points out there's
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no point in being a martyr. I mean, you know, we want to
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win. You know, we want to win.
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We want to, you know, the system's broken.
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The wrong people are winning. You know, let's crush these
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assholes. And, yeah.
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And so Bitcoin has given me great hope and conviction that
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we will, you know, in a reasonable time frame in my
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lifetime. Whereas pre Bitcoin with gold,
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you know, I was always a little, you know, I was always a little
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dubious. I mean it primarily just
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because, you know, we were getting punched in the face for
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a long time. So.
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So yeah, Bitcoin has definitely changed me in a very good way.
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We're charging up the hill with sharper Spears.
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We're not surrendering. We carry the white flag of a
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peaceful revolution and we're not putting it down.
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Jack Mahler said it perfectly. Bitcoin is a technology way
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bigger than me. It's going to last longer than
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any of our lives. Quote.
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I'm trying to rebuild society on sound money that nobody can
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control or manipulate. That's the mission.
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That's the North Star and are now.
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Nursing some pretty. Serious losses, What would you
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say to them? I'd say the same thing for
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people that bought Bitcoin at 126,000 is that, you know, we
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are building for the long term, right?
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This is a business that I plan to be the CEO of forever.
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Bitcoin is a technology that's way bigger than just me or just
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this company. It's going to last way longer
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than any of our lives. And so this is a long term
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mission to fix the money and fix the world.
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And I don't really have any advice or tips for day traders
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or, you know, Robin Hood option punters.
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You know that those people are way smarter than I am at picking
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the right stocks and picking the right times.
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I build for the long term. I'm looking to rebuild society
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and recapitalize society on sound money that nobody can
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control and manipulate. And that's what I would say is
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that this is a long term business.
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I'm building for decades. We have no problem with the
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volatility and nothing about who we are, our mission and what
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we're building has changed. Now cue the fudge cycle.
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Quantum computing will break Bitcoin.
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Michael Saylor's response? Why don't you grow a pair of
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nuts? Quantum computing doesn't kill
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Bitcoin, it hardens it. Coins by great lost coins stay
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frozen. Security improves, supply
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effectively shrinks, and Bitcoin gets stronger.
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And Saylor isn't whispering anymore.
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He expects Bitcoin to appreciate 40% a year for the next 5 years,
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outperforming stocks, real estate and shiny rocks.
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You should buy the Bitcoin because it's about 30% a year
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for the next 20 years. And I think what you do. 30%.
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That's what I expect. Wow, right so So what is what is
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the number? What's your outlook for Bitcoin
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over the course of five years? Give me a number though I.
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I can't give you the math in my head what I would.
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You need to. You need to.
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You just mentioned the 30% number.
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I think it's definitely going up at a rapid rate more than I'm,
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I'm thinking right now it's 40. It'll probably appreciate about
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40% a year, 30% a year in that range over the next five years.
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Every year, 40% increase. Yes, yeah, it's going to.
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It's going to outperform the S&P because it doesn't have the risk
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factors of the S&P. It's going to outperform real
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estate because you can't teleport real estate, you can't
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program real estate on a mobile phone, and as you can outperform
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gold because you can't make any more Bitcoin.
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And so it has none of the liabilities of conventional
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capital asset classes. It has all the benefits of a
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digital monopoly like a Google or an Apple.
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And it also has all the benefits of a commodity because it's an
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asset without an issue or so. It doesn't have the risks of an
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equity. And that's why it's a very
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compelling asset to build a new credit market on.
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And that's why every company and every investor ought to be
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thinking about do they want to buy digital capital?
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Do they want to buy digital credit?
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Do they want to buy digital equity?
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It it's something you should be considering.
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And rumors are swirling major U.S. banks strategy, partnership
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talks. What the hell is going on?
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I don't know, but we all saw Sailor at JP Morgan and
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apparently today was at Morgan Stanley.
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Something is a cooking. So why don't we just ask the man
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himself? Is $1,000,000 Bitcoin still
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possible now? Let's do this fast.
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I please. First answer that comes to mind.
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All right, Bitcoin at $1 million.
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Inevitable or impossible? Inevitable.
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When? Probably within a decade.
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Within a decade, So in 10 years gold, in 20 years, relic or
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still relevant? I think it will be.
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It'll be relevant but marginalized.
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It will be. It won't grow as fast as Bitcoin
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will grow. Bitcoin will grow faster.
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Who's going to be the next safe haven?
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Bitcoin or gold? Because Bitcoin was was once
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seen as safe haven. I expect Bitcoin to emerge as
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the dominant digital monitoring network in the world and it is
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that the world's reserve capital.
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So I think it'll grow from the 2 trillion to 20 trillion to $200
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trillion over the next 20 to 30 years.
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I don't think gold will do that. I think that I think that
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Bitcoin will be 10X bigger than gold.
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Digit chance is not possible. Inevitable, probably within a
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decade, probably sooner, but a decades fine too.
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More time to accumulate. And just in case you were
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wondering how we get there, I smell something that's not hope.
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That's the money printer. Unemployment just hit its
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highest level in four years. the Fed made a mistake, they know it
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now they're boxed in. Inflation still above 3%.
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Jobs are weakening. That is stagflation, and it's
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the Fed's worst nightmare. Today's jobs data in this week's
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CPI. Decide 2026's policy and look at
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this chart. The Fed's emergency window just
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woke up repo usage spiking. Reverse repo drained.
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Bank reserves at four year lows. Limits removed.
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Treasury purchases restarted. They are not reacting.
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They're pre positioning. Unlimited backstop, no buffer
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clock started going to print so much money it'll make your eyes
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bleed. And right on cue, Fidelity drops
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their 10 year Bitcoin Supercycle report, a decade long move.
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Institutional capital macro tailwind supply shop.
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Now we get a massive statement from the SEC to show you.
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Prepare yourselves because it's possible the world's most
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advanced financial system is about to become the backbone of
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the whole thing. We're about to bring it home.
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But before we do, look at our likes every four times.
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Maybe I'll pump those numbers up.
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Those are rookie numbers in this racket.
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Let's take a quick second for our sponsors who keep this show
12:59
on the air over at the Bitcoin way.
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If your wealth lives in their system, it's not yours, it's
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Loan especially important public block chains are more
13:49
transparent than any legacy financial system ever built.
13:54
Every movement of value was recorded on a Ledger that anyone
13:58
can inspect. Chain analytics firms are
14:02
already exceptional at assisting law enforcement with linking on
14:07
chain activity to off chain identities.
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In other words, pushed in the wrong direction, crypto could
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become the most powerful financial surveillance
14:18
architecture ever invented. Indeed, if the instinct of the
14:23
government is to treat every wallet like a broker, every
14:28
piece of software as an exchange, every transaction as a
14:32
reportable event, and every protocol as a convenient
14:36
surveillance node, then the government will transform this
14:40
ecosystem into a financial Panicopticon.
14:45
At the same time, this technology allows for privacy
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preserving tools that the analogue world could not
14:54
provide, such as zero knowledge proofs, selective disclosure,
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and wallet designs that allow allow users to prove compliance
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without handing over their entire financial history or
15:09
personal details to intermediaries or to the
15:12
government. One can imagine systems where a
15:16
regulated platform can demonstrate that its users have
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been screened without the ability to retain a permanent
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person by person map of every payment, trade or donation.
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These tools will also help our markets to continue to function
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smoothly as they move on chain. Complete financial transparency
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inherent to public block chains can disincentivize important
15:45
financial markets activity. For example, many institutions
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depend on the ability to build positions, test strategies, and
15:55
provide liquidity without instantly telegraphing that
15:59
activity to competitors and to predatory traders.
16:05
If every order, hedge and portfolio adjustment was
16:09
suddenly visible in real time, we could invite front running
16:13
copycat behavior and pile on dynamics that make it harder,
16:19
not easier, for firms to manage risk.
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Market making and underwriting become far less attractive if
16:27
every inventory balance or client flow is immediately
16:31
exposed to the marketplace. This technology makes it
16:36
possible to balance the government's interest in
16:39
deterring threats to our national security and the
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American public's interest in privacy.
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But to best strike this balance, we must make certain that
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Americans can use these tools without immediately falling
16:55
under suspicion. Shielding the lawful activity of
16:59
our citizens from bulk surveillance while still
17:02
ensuring that our government can perform these essential
17:06
functions is the best way to protect both national security
17:11
and our basic civil liberties while also giving room for
17:15
innovation to flourish. So the stakes are here are high,
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and the questions before us carry profound and enduring
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implications. As we begin this round table, I
17:29
am eager to hear more from our panelists about how we as a
17:32
Commission can protect America's Americans privacy, as well as
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how cryptos privacy tools can lessen rather than increase the
17:42
need for mass financial surveillance.
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Together, I am confident that we can shape a framework that
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ensures that neither technological nor financial
17:54
advancements will come at the expense of personal freedoms.
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Unfortunately, other obligations are going to prevent me from
18:03
attending the entire conference. But I'm thrilled to have been
18:07
here to see you all today. And anyway, I thank you for your
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time and attendance, and I look forward to a robust discussion
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ahead and to reading what you all have to say.
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Thank you very much. So let me ask you again, is
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$1,000,000 Bitcoin still possible with whale
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accumulation, institutional volume exploding, the Fed
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corner, QE loading banks bending the knee, a decade long super
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cycle is forming. This is an opium, this is math,
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this is history, it's inevitability.
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Hey Giga, Chad said it. Let us know what you think
18:43
below. And don't forget to like,
18:45
subscribe and give us a patch, share it, set those
18:47
notifications because we're just getting started.
18:50
Love you guys, catch you tomorrow.