Latest / Simply Bitcoin / Is Bitcoin Going to ZERO or $1,000,000? | Bitcoin Simply

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Is Bitcoin Going to ZERO or $1,000,000? | Bitcoin Simply · Simply Bitcoin

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  Is Bitcoin going to 0 or 1,000,000?
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  Because depending on who you listen to, it's either the
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  biggest fraud ever invented or it's the most important
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  invention since the Internet. Don't.
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  Listen to the crypto Kitty, he's leading you astray.
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  Don't buy Bitcoin. If you have any Bitcoin, sell it
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  all right now. Buy gold, buy yes, buy gold for
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  sure. Buy gold, buy silver, Buy
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  something real. Get out of Fiat into something
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  real and tangible that has value.
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  Don't buy into a scam magic into that money.
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  Right. It's not even money, it's just
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  this BS. When you buy Bitcoin, all you're
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  doing is making the person who's selling it rich.
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  Don't be a bag holder. It's hilarious because this guy
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  can't even tell whether a gold bar is real or not.
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  So I have a nice box here. What is that?
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  He has some. I think it's Kurkis language.
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  I took it back from Kyrgyzstan. He has a certificate.
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  I got it. I got this from a very important
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  person from Kyrgyzstan very recently, just completely by
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  luck. So we take it out.
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  It's pretty heavy. I'll put this down.
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  You can see like it says, Turkistan 1000 grams, fine gold
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  99.9 point 9 and a serial number.
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  Try it. Yes, yeah.
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  It's heavy. Is it real gold or no?
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  Well, I don't. Know I mean I, you know I mean.
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  Is this what you're trying to I mean?
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  And here's the crazy thing. We've heard this exact debate
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  before. The Internet is a fad.
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  Amazon will fail. No one will ever do commerce
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  online. Nobody will ever stream movies.
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  The iPhone is a toy. e-mail isn't for serious communication.
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  So if you're new to Bitcoin and you're confused, welcome.
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  You're not dumb. You're just stuck between
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  history and the people who never learned from it.
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  And today, I'm going to show you that we're in one of those
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  moments with Bitcoin. This is Dante Coco Bitcoin.
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  Simply, let's go. If I'm a new investor to
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  Bitcoin, I'm confused because every day you're hearing clips
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  like this about how much of a fraud it is.
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  This is the first interview that famed investor Michael Berry has
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  done in decades, and he had this to say about Bitcoin.
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  I think that Bitcoin at 100,000 is the most ridiculous thing.
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  That same people are sitting on TV talking about Bitcoin.
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  There's casually it's 100,000 down, now it's 98,000.
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  It's not worth anything. Everybody's accepted it.
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  It's a Tulip bulb of our time. It's worse than a Tulip bulb
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  because this has enabled so much criminal activity to go deep
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  under under. And you'll hear clips like these
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  from Larry Fink, the largest asset manager in the world and
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  the most important person in finance on the globe.
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  He changed his tune about Bitcoin, and he admitted that he
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  was wrong. Called crypto an index for money
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  laundering. BlackRock.
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  And thieves. And thieves.
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  Yes, money laundering and thieves.
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  You now have the biggest Bitcoin ETF.
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  So what happened here? I have very strong views, but
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  that doesn't mean I'm not wrong. I but you, by having strong
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  views, you have to test yourself and ask yourself.
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  And you know, in my role, I see, you know, thousands of clients a
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  year. I have, you know, governmental
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  leaders and we have these conversations that my, my
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  thought process always evolves. And this is a a very glaring
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  public example of of a a big shift in my opinion.
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  You'll hear quotes like this from Michael Saylor, who said
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  that all of the major banks have flipped their tune on Bitcoin in
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  the last 6 to 12 months. What we've what we've seen is
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  BNY Mellon, PNC Bank, Citibank, JP Morgan, Wells Fargo, Bank of
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  America, Vanguard, all of these have flipped from a hostile,
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  negative or skeptical view to a positive view in the last 12
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  months, right? We have announcements Schwab is
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  going to custody Bitcoin and extend credit against crypto
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  assets early next year. Citi is doing the same thing.
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  But you'll also hear things like this from Brad Gerstner, A famed
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  Silicon Valley investor in VC who says that Bitcoin is a
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  speculative asset with no utility.
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  MicroStrategy could go to 0 in quantum computing could break or
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  hack the blockchain. It is a risk asset.
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  You should treat it appropriately in your portfolio
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  because if MicroStrategy is forced to delever, yeah, if
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  there's an unwind there, it could get really messy in the
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  short run, which is probably why I would be waiting to see how
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  this plays out. Doesn't go to.
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  Zero does it. No.
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  I mean, I think I, I think the black, the, the Black Swan,
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  right, is that somebody hacks, you know, crypto, whether it's
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  quantum or otherwise. There was some news out
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  overnight about, you know, Anthropic running some
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  vulnerability tests on the black chain.
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  Those things I think will be important if this is to have
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  durability. But then I saw on December 3rd,
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  Rick Worser, the CEO of $12 trillion, Charles Schwab, said
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  that they're going to begin allowing their investors to buy
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  Bitcoin in Ethereum starting in January of 2026.
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  Bank of America said that they're going to begin
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  recommending A1 to 4% allocation of Bitcoin in 2026 as well.
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  And this is the comment from the CEO of Fidelity, a $6 trillion
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  asset manager. She says that she kind of likes
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  Bitcoin. Kind of like.
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  Bitcoin I, I don't own tons of coins, but I own Bitcoin and I
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  think it will continue to play a role in the savings hierarchy of
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  lots of people. And it's, it is the gold
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  standard, so to speak, you know, in the crypto world and it's
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  been around and it's solid and it's persisted and it's a it's a
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  good system. So I'm long term very
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  comfortable and I think that that will continue to be
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  something that we will factor into our thinking and our quest
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  to provide options for our customers.
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  And but then you'll look at the price and then you'll say,
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  Dante, all of these things are true.
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  Then why is Bitcoin flat in 2025?
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  It's not a store of value relative to gold, with it being
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  down a few percent this year and gold being up 50 to 60%.
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  Is it just a speculative asset with no utility?
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  Bitcoin this year is down 10%. Gold is up 50 or 60%.
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  I hope we can dispel the myth, right?
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  1 is a risk asset and one is not, right?
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  And so it doesn't mean that you shouldn't own Bitcoin.
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  I own some Bitcoin and I might might be buying a little bit
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  more, you know, as it as it comes down.
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  But it is a speculative asset that over time we'll have more
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  and more utility. But we have to be honest with
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  what it is today, OK? Let me give you the real we've
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  seen this before. Here's the famous clip from
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  Steve Ballmer, the president and CEO of Microsoft, saying that
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  the iPhone will never work, it's just a toy, laughing out loud at
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  $500 iPhones. Yet while today we spend 1600
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  two, $1000 on this device that we can't put down.
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  Steve, let me ask you about the iPhone and the Zune.
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  If, if I may, the Zune was getting some traction.
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  Then Steve Jobs goes to Macworld and he he pulls out this iPhone.
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  What was your first reaction when you saw that $500 fully
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  subsidized with the plan? I said that is the most
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  expensive phone in the world and it doesn't appeal to business
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  customers because it doesn't have a keyboard, which makes it
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  not a very good e-mail machine. What about Blockbuster being
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  able to buy Netflix for $50 million and then laughing them
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  out of the room saying that streaming will never happen?
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  What about Newsweek saying that no online database is ever going
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  to replace your daily newspaper? They were actually right that
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  they said no computer network will change how the government
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  works, and that is true today. History has taught us what
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  people say about new innovations.
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  They're scams, they're frauds, they're speculative assets until
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  they aren't, until they take over the world.
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  We're seeing an asset that's here to stay and it's
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  fundamentally going to change the world as we move forward
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  into this new digital era. We're in between this stage
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  where people think it's a fad or a fraud and some people think
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  it's an invention that's going to change the world and I
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  believe that it's the latter. We'll get right to that after we
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  thank our sponsors. Lenin has been the leader in
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• 8:56
  protect your generational wealth the right way.
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  They will have a member of your team walk you through step by
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  step why Bitcoin is Revolution asset, why you can hold 12 words
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  in your head and be sovereign anywhere in the world, and how
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• 9:08
  Schedule a free 30 minute consultation with their team at
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  the bitcoinway.com/simply Bitcoin.
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  Back to the show, if we. Open the borders tomorrow and
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  gave everyone one day around the planet to come to America.
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  We'd have a line of seven and a half billion people to come in.
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  And the second he said it, I completely agree.
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  Whatever people's views on immigration are, people want to
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  come here and they want to come here for a reason.
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  And if you've lived overseas like I have in Brazil, it
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  resonated with me. I think that is the way people
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  think of Bitcoin to a degree, is the way we as Americans remember
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  America as this place of freedom, this place to go where
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  the government literally is not on top of you the way it was in
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  my country. So Bitcoin is still going to be
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  a place that people are going to go into, and I still think that
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  7 1/2 billion people on the planet will eventually be
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  putting money in at a fast pace. Stable coins to me, are going to
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  accelerate that move in a very, very big way.
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  And that's why I believe in the network effects for Bitcoin
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  right now as the same thing that happened in the network effects
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  for all the platform stocks that have become major parts of all
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  of our portfolios if we own the S&P 500, I believe.
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  That this is true. I believe that 7 1/2 billion
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  people across the world believe that Bitcoin isn't a fad, it's a
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  life raft against their debasing currency that's getting debased
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  faster than the US dollar. Government regimes that take and
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  confiscate assets whenever and however that they like.
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  As we move into a world where everybody's going to have USDT
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  or stablecoins or USDC on their phone, they're going to want a
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  place to store that. And that's not going to be at a
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  traditional bank. That's going to be in the
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  Bitcoin investment vehicle right within their digital wallet.
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  They're going to store their value over time, not in a gold
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  bar that you can't actually verify, like Peter Schiff, but
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  in Bitcoin, this revolutionary asset that provides access
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  freedom in the American dream to 7 1/2 billion people across the
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  globe. It's not a fad.
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  This is something that's here to stay and it's not going to 0.
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  So you might as well get that out of your head.
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  But the question is, are you going to be one of the people
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  that called the Internet a fad or Amazon a bomb or a fail?
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  Or are you going to be be one of the people that are on the right
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  side of history? Then understand where money is
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  going, where the arrows of progress are going and
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  understanding that we're not going backwards to a Fiat
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  standard. I don't know what do you think
• 11:19
  in the comments? One of the ways you can continue
• 11:21
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• 11:24
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• 11:26
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• 11:46
  If you're a new investor, welcome.
• 11:48
  We're in this period where you don't know what to believe.
• 11:51
  But if you subscribe to channels like this, you'll get the signal
• 11:53
  overtime, and overtime, you'll probably be on the right side of
• 11:56
  history. This is down to Cook with
• 11:57
  Bitcoin. Simply happy stacking.