Latest / Simply Bitcoin / Could This Send Bitcoin to $700K Within 10 Months?! | Simply Originals
Transcript
- 0:00Bitcoin has rebounded, surging to a local high of 74 K, but
- 0:05many people are asking could this be a dead cat bounce?
- 0:10Is it a bull trap before full on capitulation in Goblin Town?
- 0:14Are we mirroring 2022 before teleporting to shield?
- 0:19Well, according to Arthur Hayes, we could be looking at 500 to
- 0:22700 K Bitcoin by the end of 2026 Yeah, and there is actually a
- 0:28lot of bullish momentum and macro chaos to support all this
- 0:34in the short term. We're not out of the woods yet,
- 0:37but patience is about to be rewarded in a big way.
- 0:40Massive breaking faith and trust in Fiat money is falling off a
- 0:44Cliff. Every single government bond
- 0:47yield on earth just moved up in the same direction at the same
- 0:52time. That is a terrifying sign for
- 0:55government currency and nations with massive of debts.
- 0:58And amidst it, there is a flight to safety taking place.
- 1:02ETFs and major players are accumulating.
- 1:06Morgan Stanley is launching a spot Bitcoin ETF.
- 1:10Kraken just became the first exchange to get access to the
- 1:14Fed payment system. And did you guys see this Jamie
- 1:18Dimon crying? You want to be a bank, get
- 1:21regulated like a bank will. Kraken said.
- 1:24Challenge accepted. Jamie, we have a ton of bullets
- 1:27this to get to. Could Bitcoin be sitting at 600K
- 1:32by the end of 2026? Well, let's find out.
- 1:40I'm sticking with it. I think I said $250,000 Bitcoin
- 1:44and I am going to stick with that until December 31st, 11:59.
- 1:50Pardon me, I tried to make it a. Little better.
- 1:52For you there, Arthur. I tried to.
- 1:54Say it was 200,000. Knocked 50 grand off.
- 1:56But you're sticking with the 250 by by the end of 2026.
- 2:01What do you think? I think we're be, you know, 500
- 2:07to 750,000 Bitcoin, I think 2026 and 2027.
- 2:10This is the meat of the money printing the the Trump
- 2:14administration is going to do what they know how to do best,
- 2:16whatever government knows how to do best.
- 2:18When in doubt, print the money. If the people are unhappy, print
- 2:20the money and hand them a goodie and they're going to show up
- 2:22with the polls and hopefully both.
- 2:24So what has Arthur Hayes so bullish?
- 2:27It is the confluence, the combination of events, this
- 2:32perfect storm, maybe not for society, but for Bitcoin.
- 2:36The Trump administration, the Iran conflict, Fed easing, the
- 2:40Fed Treasury Accord, All of it points to one thing.
- 2:45Money printer Go, let's start here, Trump said.
- 2:48The banks are not stopping this administrations crypto agenda,
- 2:52but the fight is on as the market structure bill draws
- 2:55near. Got the Genius Act passed into
- 2:58law, which actually did enable stable coin rewards to happen.
- 3:03You know, the banks had their own concerns and we reached a
- 3:05good outcome in the genius Act. And now the banks really are
- 3:08coming and trying to undermine the president's crypto agenda.
- 3:11I mean, these are the same banks that, you know, debanked his him
- 3:14and his family, right? And they want to come in and say
- 3:17that Americans should not be able to actually earn more money
- 3:19on their money. They're trying to protect their
- 3:21own profit margins, taking money out of the, you know, pockets of
- 3:25hard working average Americans and putting it into the coffers
- 3:28of these big banks that are hitting record profits.
- 3:31And so our view is that there should be a level playing field
- 3:34where banks and crypto companies can lean into stable coin
- 3:37legislation as an opportunity. And that includes paying rewards
- 3:41to Americans so that they can earn more money on their money.
- 3:43Trump is demanding the banks to get in line in Congress to get
- 3:47the bill to his desk and it's kind of hilarious to see the guy
- 3:50that's been de banking people and creating this mess.
- 3:54Well they can't compete so they try to enforce and use a
- 3:57regulatory Moat in order to ensure your poverty.
- 4:02Good luck with that and GFY Jamie Dimon, your services are
- 4:06no longer required. People have convoluted the
- 4:09concept of money to benefit them.
- 4:12It's like, Oh no, bitcoins, not money.
- 4:14You're talking about an asset, the dollar's money.
- 4:16No, how about you? First of all, don't tell me what
- 4:20to think or how to say what I want to say.
- 4:23Money is what I want to save. Then I later exchange for the
- 4:26things I want in my life. Now, if I walk into the pizza
- 4:29parlor and they say, well, we technically only accept dollars
- 4:32at that moment, then I just convert my Bitcoin to dollars
- 4:35and I had to get the pizza. But what I used as money was
- 4:39Bitcoin because I exchanged the work I'm doing for those around
- 4:42me for Bitcoin and then later exchange it for the things I
- 4:45want. So this convoluted concept that
- 4:48there's like all these different forms of like, fuck you.
- 4:52It's, I just don't buy it. And sorry, like, 'cause it,
- 4:55'cause it really, it really does bother me.
- 4:57If like, you know, there are powerful people in this industry
- 5:01that you guys all probably follow online.
- 5:04And, and, and I'm not saying they're bad people, but they've
- 5:06tapped me on the shoulder and say, Hey, you know, don't say
- 5:09that on CNBC or I don't like the way you talk about the dollar.
- 5:13Sorry. Good thing I'm I'm me and you're
- 5:15you and you say whatever you want.
- 5:18And then in regards to the Treasury?
- 5:20That's right. Yeah.
- 5:21It's important. And that's this particular.
- 5:23So can I add a little context there, if you don't mind?
- 5:27This particular port is really important for for the last, you
- 5:31know, I've been the White House correspondent for Bitcoin
- 5:33magazine. There are certain pressures that
- 5:35get put on people when they're in certain roles.
- 5:36So for the sake, you know, I think it really deserves a round
- 5:39of applause you just gave him because that tap on the shoulder
- 5:41does happen to people and they get told to think about things a
- 5:44certain way and message a certain way.
- 5:46And his messaging has remained consistent throughout.
- 5:48And this is really important. It's why you're up here.
- 5:50Because I think what you do in with that messaging is you speak
- 5:53to the hearts of everybody in this room who's taking the time,
- 5:56who's used their money to come here, spend time at a Bitcoin
- 5:58conference to be around other like minded people who see
- 6:01Bitcoin as money. So I think this point is really,
- 6:03really important. The amount of pressure, it
- 6:04really can't be underestimated by people who might not be in
- 6:07these environments. But I'm curious, is it just, is
- 6:09it just your sense of integrity? It has to be hard at points.
- 6:13I have to imagine there are points where the pressure kind
- 6:15of feels like so much, like maybe it would be easier to just
- 6:17tow this line that people want me to tell.
- 6:19Again, it's like I just am very passionate and feel very
- 6:22strongly about being real. Like as a human being I was, I
- 6:26was born to love others, to contribute to something bigger
- 6:31than myself. Like this is bigger than me and
- 6:34it's bigger than anyone else's self-interest as well.
- 6:37And so, you know, I don't think any of us were born inherently
- 6:43bad or wrong. So why I wouldn't want to stand
- 6:47for the truth and be honest. So you know what, what's my
- 6:51preference to be honest? Stand for what I believe in.
- 6:54And by the way, not in not in an arrogant fashion.
- 6:57I'll be the first to raise my hand, which I've done throughout
- 6:59my career all the time when I'm wrong, you know, I've, I've
- 7:03said, I got to squeeze this in here just for this.
- 7:06My team's going to kill me. But I've said, hey, it seems
- 7:09like Jamie Dimon banked Jeffrey Epstein.
- 7:12Big words, big words. No, listen, I've I've said that
- 7:16pretty publicly because it seems like it's true.
- 7:21And JP Morgan threw me out of the bank hilariously.
- 7:26And if he ever called me up and said, listen, man, you can't say
- 7:29stuff like that because here's the evidence that I didn't.
- 7:31He's never done that. He's never once provide.
- 7:34So I'm happy to raise my hand. The point is and say I was
- 7:37wrong. The dollar's money, Bitcoins and
- 7:39assets. But it's not for those reasons
- 7:42that people tie me on the shoulder.
- 7:43They tie me on the shoulders like, well, you're saying things
- 7:46that you know would make other people upset.
- 7:49If the truth makes you upset, that says a lot about you, not
- 7:52me. Appreciate that.
- 7:55Despite the monetary demons war against Bitcoin, they're being
- 8:01forced into adoption. Kraken's Chartered Bank, Kraken
- 8:05Financial, just became the first crypto bank to get a Federal
- 8:09Reserve master account. Now, master accounts allow
- 8:12financial institutions to access key central bank services like
- 8:16payment settlement platforms Fed Now and Fed Wire.
- 8:20Kraken Co CEO Arjun Sethi said in a statement that the approval
- 8:24would let the company operate as a directly connected financial
- 8:27institution rather than a peripheral participant.
- 8:31Other crypto companies have tried and failed to win approval
- 8:34for a master account. Most famously, Custodia Bank
- 8:37sued the Federal Reserve after repeatedly being denied an
- 8:41account. An appeals court denied
- 8:43Custodia's appeal back in November. 2025.
- 8:47OK, that's all for. Reckon just got put on the same
- 8:50payment rails as thousands of U.S., banks and credit unions.
- 8:54Massive adoption wave is coming and Iran will not only bring
- 8:58about money printing the likes of which we probably never seen,
- 9:01but it has absolutely devastated faith and trust in the
- 9:05administration, in the dollar, in Fiat money globally.
- 9:09And thus we have another catalyst.
- 9:11Because if people can't trust the government's, how can they
- 9:14trust the money that they print? I am the candidate of peace.
- 9:18I am peace. People don't believe that.
- 9:23Vote for Donald Trump is a vote. For a.
- 9:26Man who wants. To end wars, not start them.
- 9:29We do not want war with. Iran, we actually.
- 9:31Want peace? The Iranians are clearly not.
- 9:34Very good at war, perhaps? They should follow.
- 9:36President. Trump's lead?
- 9:37And give peace a chance. Kamala is campaigning with war
- 9:40mongers like Liz Cheney. How do you think that is?
- 9:42She picks Liz Cheney, Whose father virtually destroyed the
- 9:48Middle East. You know, Liz Cheney, she talks
- 9:50bigger. Oh, I want war.
- 9:51She always wants war. Every time I was with her in the
- 9:53White House. We should attack this nation,
- 9:56that nation, nations that people never even heard of, we should
- 9:59attack. She's a big, big tough guy.
- 10:01She sits back in Washington. Oh, we ought to go and attack
- 10:06Iran, Iraq. We're going to attack everybody.
- 10:09That's why I broke up with her. All she wanted to do is go to
- 10:12war with everybody. These war Hawks, they want to
- 10:15draft your kids to die in wars, and they will never fight
- 10:20themselves. You know, we'll stay around the
- 10:21country for 15 years, just bomb the hell out of everybody, make
- 10:24everybody miserable. Nobody knows why we're there.
- 10:27You know, the wars that never end, these endless wars that
- 10:30we've been in, I've gotten us out of so many.
- 10:32We don't want to get into wars. We're tired of fighting.
- 10:35I'm the only president in the last 84 years that didn't start
- 10:39a war under Trump. We will have no more wars, no
- 10:42more wars, no more wars we want. We will have prosperity and
- 10:46peace. We will have prosperity and we
- 10:48will have peace. Remember, I'm the president of
- 10:50peace. They said he will start a war.
- 10:52I'm not going to start a war. I'm going to stop wars.
- 10:54He's going to start a war. I said no, no, no.
- 10:57My rhetoric is going to keep us out of wars.
- 11:00And that's what happened. My proudest legacy will be that
- 11:04of a peacemaker. That's what I want to be, a
- 11:06peacemaker. We will measure our success not
- 11:09only by the battles we win, but also by the wars that we end,
- 11:14and perhaps most importantly, the wars we never get into.
- 11:20Our president will start a war with Iran because he has
- 11:24absolutely no ability to negotiate.
- 11:27He's weak and he's ineffective. I believe that he will attack
- 11:31Iran sometime prior to the election because he thinks
- 11:35that's the only way he can get elected, Isn't it?
- 11:38Pathetic. And if you thought your faith
- 11:40and trust couldn't go lower, well, look at this.
- 11:43The House just voted 357 to 65 to block the release of
- 11:46congressional sexual misconduct and harassment reports.
- 11:50And whammy, The Senate just voted 53 to 47 to block a War
- 11:55Powers resolution to stop further military strikes on Iran
- 11:59without congressional approval. And people are learning more and
- 12:02more every day that their government actually has disdain
- 12:07for them. I think you all saw this.
- 12:09This is what they really think of their constituents.
- 12:12This is what they really think of veterans.
- 12:14This is what they really appear to think about soldiers.
- 12:18This is what they think about you.
- 12:21And look at the media. US Senator and former Navy SEAL
- 12:24Tim Sheehy personally stepped in to assist Capitol Police in
- 12:27subduing a, quote, disruptive man who was aggressively
- 12:31interrupting a Senate hearing. They referred to the Marine as a
- 12:35disruptive man, a protester. I mean did Orwell nail it or did
- 12:41he nail it? But what kind of country and
- 12:43media praised the senator who has received nearly 700 K from a
- 12:48foreign lobby and broke this soldiers hand, possibly his arm
- 12:53for having the audacity to stand up and speak his opinion.
- 12:57And this is how they treated a service member just for stating
- 13:01an opinion which happens to be held by a large portion of the
- 13:05country. They treated him worse than
- 13:07people who were lighting cars on fire.
- 13:10So if you have no hope or faith in our government or
- 13:14institutions, well good. And more adjoining the ranks
- 13:18every day. There is little to no hope to be
- 13:21found in the state. They are literally hell bent on
- 13:25destruction. But keep your head up because
- 13:28they're ineptitude and disgrace is rocket fuel for Bitcoin and
- 13:33sound money. We're about to bring it home,
- 13:35but before we do look at our likes 3 or 4 times.
- 13:39Maybe I'll pump those numbers up.
- 13:40Those are rookie. Numbers in this racket.
- 13:42Speaking of holding your own keys, if you're looking to
- 13:44reclaim your sovereignty, you're going to want to visit our
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- 13:50you're not verifying your own transactions, you're relying on
- 13:54someone else. The Bitcoin Way will get your
- 13:56coins off the exchanges into cold storage and guide you step
- 14:00by step in setting up your own node.
- 14:02It's hands on training from the masters of self custody and ask
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- 15:25With everything happening, it's easy to let emotions get in the
- 15:29way of remembering this little fact.
- 15:32War means money printing and loss of liberties and all sorts
- 15:36of other things. It may actually be an excuse for
- 15:39the money printing to begin with.
- 15:41But regardless there will be printing whether we go to 300 K,
- 15:46500 to 750K or where. I'm thinking here as well. 600K
- 15:53and rising to the number 2 asset behind gold and back above
- 15:56silver. It's coming.
- 15:58So batten down the hatches lats, because even at 750K it's only a
- 16:03pit stop on the way to Valhalla and the possibility of World War
- 16:083 is higher than ever. Which is probably a good time to
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- 16:39signal. No problem.
- 16:41What you guys think? Let us know down below and don't
- 16:44forget to smash the like and give us a pair by sharing the
- 16:46sound money gospel and share it with some poor that's still
- 16:50saving in Fiat and trust the government.
- 16:54Man, I love you guys. Get you next time if you prefer
- 16:58to go down with the ship. You.