Latest / Simply Bitcoin / Bitcoin To $7,000,000!? | Simply Originals

Transcript

Bitcoin To $7,000,000!? | Simply Originals · Simply Bitcoin

• 0:00
  Michael Saylor's insane Bitcoin strategy has gone nuclear and
• 0:05
  now the rest of the world is copying the playbook.
• 0:10
  From Trump media planning a $2.5 billion Bitcoin buy, to Jack
• 0:15
  Mullers and Tether launching a Bitcoin native megacorp with
• 0:19
  over 42,000 BTC, to Metaplanet, GameStop, SoftBank, and even
• 0:24
  Russia's biggest bank issuing Bitcoin bonds.
• 0:28
  It's official. The Bitcoin standard and sailors
• 0:31
  strategy is going global. And if Larry LaPorte is right,
• 0:35
  this is the path to $7,000,000 Bitcoin.
• 0:39
  Welcome back. I'm Ruston.
• 0:40
  And today we're diving into the greatest financial revolution of
• 0:44
  our lifetime. Send it. 95% of all bitcoins
• 0:55
  have been mined, but 95% of the world doesn't own Bitcoin.
• 0:59
  So I just think that there's still a huge demand versus
• 1:03
  supply imbalance, meaning there's a lot more potential
• 1:06
  buyers of Bitcoin over the next 10 years.
• 1:07
  And so I think there's a lot of upside into your end, into your
• 1:12
  like 150 target. Yeah, 150, maybe 200, even 250
• 1:16
  this year. What?
• 1:18
  1:50 to 2:00. 100 to even. 2:50 and.
• 1:21
  What's your, you don't have a terminal price on that, do you?
• 1:25
  Well, it's I think at a minimum it should have the same network
• 1:29
  value as gold. And if you look at above ground
• 1:32
  gold, it's probably 20-3 trillion.
• 1:34
  So that would be, you know, 1.2 million for Bitcoin.
• 1:37
  But I think Bitcoin is more valuable than gold.
• 1:40
  So you know gold, I mean Bitcoin could be 2,000,000, you know
• 1:42
  3,000,000 long term I mean even higher blueprint is simple,
• 1:47
  stack Bitcoin, get rich and repeat strategies.
• 1:51
  Market cap has rocketed past $80 billion by just buying Bitcoin.
• 1:56
  Now the mimics are multiplying all these unheard of no name
• 2:00
  zombie companies there. There's two-minute account but
• 2:02
  we have Trump media raising 2.5 billion to ape in GameStop
• 2:08
  dropped 500 million on Bitcoin and got punished short term 21
• 2:13
  Jack Mahler's tether and SoftBank 42,000 BTC to start
• 2:18
  already making it the number three largest corporate holder
• 2:21
  overnight and sailor he's cheering them on quote
• 2:25
  everywhere I go someone's launching a Bitcoin treasury
• 2:29
  company. Orange flags are being planted
• 2:32
  everywhere on the financial revolution is no longer just
• 2:37
  American. It's planetary.
• 2:40
  Let's be clear, Bitcoin has now breached the halls of power.
• 2:43
  Trump's strategic Bitcoin Reserve executive order made it
• 2:47
  official. the US government is not selling its seized Bitcoin,
• 2:51
  ever. It's now permanent sovereign
• 2:55
  money. Nigel Farage wants the Bank of
• 2:58
  England to hold Bitcoin. That's right, Bank of England is
• 3:02
  on the brink of Bitcoin. I'm thrilled to be here today,
• 3:07
  but to announce that rather than just words we have put together,
• 3:12
  and this is exclusive for today, the Crypto Assets and Digital
• 3:18
  Finance Bill. Months of work, ladies and
• 3:22
  gentlemen. We will, we will campaign for
• 3:26
  this and we'll put it in place where we win the next general
• 3:31
  election. And what we're saying is bring
• 3:37
  crypto and digital assets in from the cold, have a capital
• 3:43
  gains rate of 10% and that means if taxes are reasonable, people
• 3:50
  will pay them. We're going to have a Bitcoin
• 3:54
  digital reserve in the Bank of England and and we are going to
• 4:03
  pass legislation that says that no bank can close your account
• 4:09
  because you're trading in legal crypto or digital products.
• 4:13
  No more de banking, ladies and gentlemen.
• 4:16
  So yeah, we are taking it very, very seriously.
• 4:19
  And you know, it's really interesting.
• 4:20
  I mean, 7 million people in Britain have got crypto assets.
• 4:25
  One in four people under 30 have got crypto assets.
• 4:29
  And yet our outdated Labor and Conservative governments have
• 4:34
  done nothing in this space at all.
• 4:37
  And what I want to do when we win the next election is bring
• 4:41
  us into the 21st century. We are going to launch in
• 4:46
  Britain a crypto revolution. We're going to make London one
• 4:51
  of the major trading centers of the world.
• 4:53
  We're deadly serious, and here it is.
• 4:57
  Vice President JD Vance just spoke at the Bitcoin conference,
• 5:01
  and the orange wave just keeps rising the value.
• 5:04
  Proposition of Bitcoin is that it it, it can serve the same
• 5:07
  function, but in a digital age, a way that's secure, that's
• 5:11
  safer from fraud, that allows people to buy and sell and store
• 5:15
  value, but in a way that's consistent with the modern
• 5:19
  technological age that we live in.
• 5:20
  Now having said that, I, I fully accept there are risks to all of
• 5:24
  these things. There are always risks to new
• 5:26
  technologies. Our approach in the Trump
• 5:28
  administration is to say, you know, let people innovate, let
• 5:31
  people figure this stuff out on their own.
• 5:33
  If the critics of Bitcoin are, are right, I happen to think
• 5:36
  that they're wrong. That will eventually went out in
• 5:38
  the marketplace. If the advocates of Bitcoin are
• 5:40
  right and I happen to agree with them, they'll if if they if they
• 5:43
  make their case, that's eventually going to went out in
• 5:45
  the marketplace. What you shouldn't have is a
• 5:48
  dictatorial government that tells certain industries they're
• 5:51
  not allowed to do what they need to do.
• 5:53
  You've got to let people make these decisions on their own.
• 5:56
  And that's sort of been our approach.
• 5:57
  We want common sense regulatory regimes.
• 6:00
  We want to allow the cryptocurrency industry to
• 6:02
  participate in the mainstream of the economy, but then ultimately
• 6:05
  the laws of. Giga chat ain't slowing down
• 6:08
  either. 705 more BTC this week at 106 K per coin.
• 6:14
  They now hold over 580,000 BTC with a 16.9% yield year to date.
• 6:21
  And now we have challengers. Metaplanet just bought 1088 more
• 6:26
  Bitcoin, crossing 8888 BTC and overtaking block.
• 6:32
  Russia's Spur Bank is launching Bitcoin structured bonds, and
• 6:36
  Mahler's just raised another 685 million to buy even more Bitcoin
• 6:42
  for 21. This isn't a trend anymore, it's
• 6:46
  a flood. How does that saying go is in
• 6:48
  the days of Noah, so it shall be.
• 6:50
  You know what that means? Get on the damn ark now.
• 6:53
  Wall Street is confused. GameStop stock dropped, Trump
• 6:57
  media tanked. But let me ask you, did Bitcoin
• 7:00
  drop long term when Sailor started stacking?
• 7:04
  No, it went vertical. Even Sailor says the market
• 7:08
  wanted them to buy more. And when it comes to volatility,
• 7:12
  Bitcoin always dumps before a major pump.
• 7:15
  All right, the next segment is what I like to call the orange
• 7:18
  truth bomb zone, where macro mines, hedge fund Titans and
• 7:22
  even former Fiat defenders are all singing in the same tune.
• 7:27
  Bitcoin is inevitable. The biggest problem the US has
• 7:31
  right is that the we're seeing the whole world wake up to the
• 7:35
  fact that the US dollar cannot be trusted.
• 7:38
  That's. The biggest issue?
• 7:39
  That we have and when you when you then look at Bitcoin,
• 7:44
  Bitcoin is trustless. It doesn't need to be trusted.
• 7:47
  And that's and that's really what will drive forward in the
• 7:51
  innovation. Here eventually.
• 7:53
  Over the long run is that you have that base, that base.
• 7:57
  Asset or currency? That you can now trust without
• 7:59
  worrying about it being debased, it being seized or it being
• 8:04
  frozen or locked away from you. So that's really that that's a
• 8:07
  big deal for the US and and embracing that and pushing
• 8:10
  forward on it quickly is that's really important.
• 8:13
  In my opinion. Lavish is dead on.
• 8:15
  Trillions are running from Fiat into hard assets and Bitcoin is
• 8:20
  the apex predator. Nothing stops this trend.
• 8:24
  Basically, nothing stops this strain, as Lynn Alden always
• 8:27
  says, and not even Tether. Tether cannot fix what a century
• 8:32
  of Fiat democracy ruined. There's been a century of
• 8:35
  inflation, a century of debt, a century of liabilities piled up.
• 8:38
  And you're not just going to find an enormous number of bag
• 8:42
  holders that are going to be able to buy this.
• 8:45
  Ultimately, I think another point that is often ignored here
• 8:50
  is that a lot of the new demand, a lot of the demand that is
• 8:52
  coming for Tether is displaced demand.
• 8:55
  A lot of it is coming from people who are giving up on
• 8:59
  financial instruments that would have demanded treasuries
• 9:03
  otherwise. In other words, when when a
• 9:06
  currency collapses and people in that country start using Tether,
• 9:09
  they're decreasing the demand for treasuries by the central
• 9:13
  Bank of the government whose currency has collapsed.
• 9:16
  So it's not entirely new demand. And even if it were entirely new
• 9:20
  demand, even if we assume that 80% of it as we did in the
• 9:23
  previous example, we still see that the impact on the debt
• 9:28
  situation in the US is not likely to be significant.
• 9:31
  It's not likely to make a significant difference because
• 9:34
  the amount of budget deficit is enormous and it's continuing to
• 9:37
  grow and the depth and the interest are continuing to grow
• 9:40
  and and it won't touch the entitlements, it won't touch the
• 9:43
  defense spending. And so therefore all of this new
• 9:47
  extra demand is not really going to make a big difference.
• 9:50
  It's ultimately no way to escape the inevitable fate of default
• 9:57
  devaluation or default by devaluation, which are
• 10:00
  essentially all more or less the same thing that a lot of people
• 10:03
  who are owed a lot of liabilities are going to find
• 10:06
  out that they're not going to get what they want from them.
• 10:09
  So this is ultimately what I think is more likely.
• 10:13
  Yes, it can help the fiscal position of the US government
• 10:18
  that more and more people are buying Tesla, but I don't think
• 10:21
  it will make that big of a difference.
• 10:22
  This isn't just a market cycle, this is the end of fiat's
• 10:26
  monopoly on power. The basement is the only tool
• 10:29
  left and Bitcoin exposes it the. Beauty of Bitcoin is the fixed
• 10:34
  supply. You know, I think people talk
• 10:37
  about Bitcoin. As the.
• 10:38
  You know, digital gold. But if, if gold 10X tomorrow to
• 10:42
  be worth 30,000 an ounce, everyone and their mother would
• 10:46
  pick up a pickaxe and go look for gold and I would bet we'd
• 10:49
  find a lot more gold. If Bitcoin 10X tomorrow, 25 X
• 10:53
  tomorrow, 100 X tomorrow. There is a fixed supply.
• 10:57
  It's beautiful, it's scientific, it's written in.
• 10:59
  Code. And we know that, so I want to
• 11:02
  keep betting on this industry, betting on his.
• 11:05
  Face you hear that? That's not from a pleb on
• 11:08
  Twitter. That's a $14.8 billion firm
• 11:11
  getting poetic about bitcoins. Code the Tranfile Elite.
• 11:16
  I'm telling you right now, everybody in the world wants
• 11:19
  Bitcoin. I don't care where you are.
• 11:20
  I don't care if you're, you know, royal families.
• 11:23
  I don't care if you're the biggest, you know, financial
• 11:24
  institutions. Everybody wants Bitcoin.
• 11:28
  Everybody is buying Bitcoin. If you go back 12 months, there
• 11:31
  were probably less than 100 companies that were treasuring
• 11:34
  Bitcoin that really had any. And now every single day it's
• 11:36
  another sovereign wealth fund. Look what GameStop just did.
• 11:39
  Look what Truth Social did. Every single day people are
• 11:42
  allocating billions and billions of dollars to it.
• 11:45
  You know, .1 Bitcoin is going to be worth an absolute fortune.
• 11:49
  And you know, look at the OT CS. The OT CS have the least amount
• 11:53
  of Bitcoin ever on their books, right?
• 11:55
  I mean that the arrow is going straight down as the price of
• 11:58
  Bitcoin is is going straight up. We may not like it, but when
• 12:02
  Trump's son is orange billing the globe on stage, you know the
• 12:05
  game has changed. It's cultural now.
• 12:08
  Where do I get this idea that Bitcoin could hit $1,000,000?
• 12:11
  So if we think about QE for poor people, banks lending more into
• 12:15
  the real economy, I estimate that that could be up to $3
• 12:17
  trillion of bank credit that'll be created between now and 2028.
• 12:22
  The statistic to look for is on the weekly Federal Reserve
• 12:25
  balance sheet of the deposits and liabilities.
• 12:27
  We'll see that happening there. If the banks are allowed to buy
• 12:30
  Treasury bonds, it's estimated that $900 billion of foreigner
• 12:34
  demand could evaporate, and that has to be replaced by commercial
• 12:37
  banks who now can buy these Treasuries.
• 12:39
  Infinite leverage. And finally, it's free Fannie
• 12:42
  and Freddie and bring $5 trillion of liquidity to the
• 12:44
  markets, which gets us close to $9 trillion printed or between
• 12:49
  now and 2028. And let's put this into context.
• 12:54
  During COVID, the COVID stimulus programs and all the aid that
• 12:57
  was given to the financial sector within the United States
• 13:00
  totaled about $4 trillion. And from the lows of March of
• 13:04
  2020 to 70,000 in 2021, in November, we went up about 10 X.
• 13:10
  Now remember price is set on the margin.
• 13:13
  It matters about the much larger marginal price, not the whole
• 13:16
  stock. And so we if we have less
• 13:18
  Bitcoin on exchanges due to ETF demand and we're putting double
• 13:22
  the amount of money between now and 2028, then when we did till
• 13:25
  COVID, then Bitcoin $1 million is just easy.
• 13:28
  Arthur doesn't just throw numbers around for fun, and now
• 13:31
  he's saying $1,000,000 per coin is easy.
• 13:34
  You're not that early anymore, but you're still in the window.
• 13:38
  And that brings us to the final Prophecy.
• 13:41
  But before we bring it home today, look at our likes 3 or 4.
• 13:44
  Times maybe? I'll pump those numbers up.
• 13:46
  Those are rookie numbers in this racket.
• 13:48
  Don't forget to like, subscribe and give us a PAMP while we
• 13:51
  bring you a special message from our sponsors over at The Bitcoin
• 13:55
  Way. Is that money in your bank
• 13:58
  account really yours? So that was the lesson that I
• 14:02
  learned that the money in a bank is not, first of all, it's not
• 14:05
  money, OK? It's it's worthless toilet paper
• 14:09
  that is printed by a bunch of psychopaths at on a whim.
• 14:13
  They want money, They hit a button, they printed you and I
• 14:16
  have to go work for it, Right. So the Fiat system, I learned,
• 14:21
  was simply created for theft, control and surveillance,
• 14:27
  nothing more. And when you live through an
• 14:29
  experience like this, there is no force in this universe that's
• 14:33
  going to change your mind about this fact, right?
• 14:37
  So. But most people that still live
• 14:41
  in privileged countries, especially like in the West, in
• 14:44
  the US and Europe, where everything still works.
• 14:48
  OK, You listen to a story like this, it might shock you or
• 14:53
  affect you in the moment, but after the conversation is over,
• 14:58
  you know your life is pretty much still unchanged and you go
• 15:01
  on about it as if nothing happened.
• 15:04
  But the Ponzi that's going on in the background is not, is not
• 15:09
  stopping. See, the reason why economically
• 15:13
  things are so bad worldwide is because the money printer has
• 15:20
  gone absolutely insane. Inflation, a term almost no one
• 15:26
  has heard of before, all of a sudden now everybody knows by
• 15:30
  heart when they walk into a supermarket and prices are like,
• 15:34
  absolutely ridiculous. It's inflation who's causing
• 15:39
  this inflation. It's the, if you listen to the
• 15:43
  mainstream media and politicians, Oh, it's the greedy
• 15:46
  companies. You know, they're just hiking up
• 15:48
  their prices because, you know, they just want to make more
• 15:50
  money, right? And the general population,
• 15:54
  those that are not paying attention and just, you know,
• 15:57
  swallow the kool-aid while they believe this garbage and you
• 16:00
  know, there's their instinctive reaction is to work harder
• 16:04
  because that is the right approach.
• 16:08
  Again, another, another bullshit lie that we were fed since the
• 16:14
  day we were born. The Fiat system is a rigged
• 16:17
  system. You cannot win in this system.
• 16:20
  It is designed to destroy you financially.
• 16:23
  It's a, it's a system created to steal, right.
• 16:26
  It's like when you go to a casino, what are the odds of
• 16:28
  winning less than 1%? But yet everybody goes because
• 16:32
  they think they're smarter than the next one and you know
• 16:35
  they're going to give it their best and you know, and sooner or
• 16:38
  later they come out also empty handed.
• 16:41
  So thinking that you have to do 234510 jobs to keep up with
• 16:46
  inflation is insane because you're hoping that you're going
• 16:52
  to beat the rate of debasement, which is just not going to
• 16:57
  happen because one, there's only certain a number of hours in a
• 17:00
  day and two, you need to sleep at some point, right?
• 17:04
  So it's not like you're a machine that can keep going,
• 17:07
  keep going on forever. So if you think you're going to
• 17:10
  make more money to to beat the rate that this bucket is
• 17:15
  leaking, that's a losing game. Want to get into Bitcoin, learn
• 17:19
  self custody, how to run a node, and so much more?
• 17:22
  Schedule a free 30 minute consultation with The Bitcoin
• 17:25
  Way using that link in the show notes.
• 17:28
  You guys ever try to explain to your friends that the century of
• 17:31
  central banking was the century of endless wars and they just
• 17:36
  rolled their eyes and asked if he caught Rachel Maddow last
• 17:39
  night? Well, all your lonely days are
• 17:40
  gone, my friends. Thanks to the Orange Pill app,
• 17:42
  you can stack friends who stack sets.
• 17:45
  It's the ultimate hub to connect with fellow Bitcoiners.
• 17:48
  Find me and discover every Bitcoin conference happening
• 17:51
  near you and across the country. Bitcoin is better with friends
• 17:54
  and now you can ZAP them instantly all in one app.
• 17:57
  What are you waiting for? Download the Orange Pill app
• 17:59
  today, go hit a local meet up and who knows, the connections
• 18:02
  you make could last a lifetime. We're easily in five years time,
• 18:06
  we're easily kind of 305 hundred something like that.
• 18:09
  But but if it, you know, you could get a swing where it just
• 18:12
  goes much, much higher than that.
• 18:14
  Do you know what I mean? I mean, it's, it's entirely
• 18:16
  possible that we have a, you know, oh, here we go.
• 18:19
  Yeah, it's on page 293 for anyone following along with me.
• 18:22
  So the five year power line model shows the trend line in
• 18:25
  five years. And this was from last year.
• 18:27
  So maybe you'd have to move it up a little bit from us.
• 18:29
  Five years would be at three, 326,000, but this is
• 18:33
  interesting. 1 standard deviation up is 667,000, 2
• 18:39
  standard deviations up is 1,000,853.
• 18:42
  And by the way, Bitcoin has traded at 2 standard deviations
• 18:45
  above. It's it's trendline mean, you
• 18:47
  know, many times, so not many times, but in each cycle like
• 18:50
  there've been five of them and then one standard deviation down
• 18:53
  is 180. So, you know, in five years, I
• 18:56
  mean, I could easily see it be half 1,000,000 bucks.
• 19:00
  You know, in 10 years, the bit the trendline is 1,000,000.
• 19:03
  So that would exit that was 1,000,001 actually.
• 19:05
  So that way. And, and the one standard
• 19:07
  deviation up is 2.2 and 2 is 66 million.
• 19:10
  Now, you know, typically if you look at it historically, you
• 19:14
  know, 2 standard deviations above the trend line, it doesn't
• 19:16
  generally stay there for very long.
• 19:18
  It it spikes up as we all know and that it corrects.
• 19:21
  So, but in 20 years, you know, the trend line is 7 million.
• 19:25
  So I mean these are some big numbers and that's what happens
• 19:28
  when you when you compound something out over, you know,
• 19:31
  year after year. I mean, it is a scarce asset and
• 19:35
  there is a large amount of Fiat money that's.
• 19:37
  Going in 2 miles. Continue on to.
• 19:39
  Ohio Turnpike. West toward Cleveland?
• 19:40
  Really. Is and you know, that's I'm sure
• 19:44
  you're familiar, it's in the book too.
• 19:45
  Jesse Myers chart on, you know, the just the total available
• 19:48
  market, you know there's $9 trillion, there are $9 trillion
• 19:52
  of Fiat things out there. If you include real estate, 900
• 19:55
  trillion. What's Bitcoin?
• 19:57
  2.1 trillion today. If you're sitting there thinking
• 20:00
  that's wild, remember Bitcoin went from zero to 112 K in 15
• 20:06
  years. The next 20 we might need a new
• 20:09
  numerical system. Why does Larry see $7,000,000
• 20:12
  Bitcoin in the near future? Maybe it's because Fiat is
• 20:16
  dying, governments are printing, and treasuries are converting in
• 20:20
  the digital gold standard. He's here.
• 20:22
  Don't get left behind and don't miss Mining Disrupt 2025.
• 20:26
  That's right, they're at it again.
• 20:28
  And the biggest Bitcoin mining conference on the planet is
• 20:31
  headed to the Bitcoin mining capital of America and possibly
• 20:34
  the world. Dallas, TX Get ready, Bitcoin is
• 20:38
  taking over November 11th through the 13th.
• 20:40
  The Simply team will be on site and we hope to see you there.
• 20:43
  Grab those tickets today and don't forget to use promo code
• 20:46
  Simply Bitcoin for 20% off Michael Saylor's strategy.
• 20:51
  It wasn't just genius, it's contagious.
• 20:54
  The dominoes are falling corporate, political, global.
• 20:57
  This is the moment. And remember, you don't change
• 21:00
  Bitcoin. Bitcoin changes you.
• 21:02
  It's not just buying pressure anymore.
• 21:05
  It's game theory gone parabolic. Send it.
• 21:08
  You guys enjoyed this one. Don't forget to like, subscribe
• 21:11
  and give us a pant by sharing the sound money gospel and set
• 21:14
  those notifications for the best in Bitcoin delivered to you
• 21:17
  daily. We get a lot more coming your
• 21:19
  way this week, so keep your head in a swivel and I'll catch you
• 21:21
  next time. Let me guess if you.
• 21:24
  Prefer to. Go down with the ship.