Latest / Simply Bitcoin / Michael Saylor's $21M Bitcoin Prediction For 2046! | Simply Originals
Transcript
- 0:00Michael Saylor just dropped a brand new $21 million Bitcoin
- 0:04price prediction in front of 10,000 people yesterday, and it
- 0:08looks like Donald Trump is finally about to get his way and
- 0:13force Jerome Powell to slash interest rates and turn the
- 0:16money printers back on. I think we're going to be $21
- 0:20million in 21 years. Today, we're not only going to
- 0:26explore why Michael has changed his models for forecasting
- 0:30Bitcoin's price, but also dive into what the increasing global
- 0:34tensions mean for interest rates.
- 0:37It smells like the money printers are getting closer by
- 0:40the day, and if they're turned on, maybe Michael Saylor's $21
- 0:44million Bitcoin forecast by 2046 is a little too bearish.
- 0:49We got a lot to cover. You know something 99.8% of the
- 1:03capital in the world does not yet know, right?
- 1:07You know that this thing is unstoppable.
- 1:09You know that everybody needs it and very few people understand
- 1:13it. I'm giving you something much
- 1:15more valuable. I'm giving you 21 years to
- 1:19leverage that information while everybody else is oblivious,
- 1:23while everybody else is afraid, while everybody else is
- 1:27distracted. If you build the right machine,
- 1:32build a money making machine for yourself.
- 1:38If you build the right machine and you plug it into the Bitcoin
- 1:42network, it will grow stronger every day.
- 1:46It will go stronger every year. It will compound extraordinary
- 1:53wealth. You have a once in a lifetime
- 1:55opportunity to change the destiny of everybody in your
- 1:59bloodline, to change the destiny of your community, everything
- 2:03you hold dear, to change the political course of human
- 2:07history. And the question is, how are you
- 2:11going to do it? You need a 21 year plan, right?
- 2:18You're going to need to take a courageous step and then you
- 2:21need to take action if. One thing is for certain, it is
- 2:25that when there is panic, it's the perfect time to buy Bitcoin.
- 2:29Hence Michael Sailors growing bullishness on Bitcoin with many
- 2:34geopolitical, regulatory and adoption developments, which he
- 2:38said nobody conceived of last year.
- 2:40Sailors new bullish forecast on Bitcoin comes amid strategy
- 2:44continuing to aggressively accumulate more Bitcoin.
- 2:48Do you have a 21 year strategy? Well, Giga, Chad says you might
- 2:52want to go get one, and here's why.
- 2:55And so with that, with the help of all that information, I'm
- 2:59going to now share my Bitcoin prophecy.
- 3:10I think we're going to be $21 million in 21 years.
- 3:18It's a very special time in the network, maybe the one time in
- 3:24the history of the network where you look out 21 years and you
- 3:26see 21 million specifically. I expect 21 million coins at a
- 3:33$21 million price in 21 years. And people ask how's the network
- 3:38going to grow? It's going to be growing at 21%
- 3:42in 21 years. The volatility is going to be
- 3:4621. This solved.
- 3:49The only number you need to remember is the #21 and what
- 4:01does that look like? Well, that looks like 28.5% from
- 4:06here. Not that different, slightly
- 4:09less than 29% ARR. But the path, the path to 21
- 4:15million, it's not going to be simple.
- 4:18It's going to be volatile. And so you're going to, you're
- 4:22going to see a volatility and it's, it's going to damp over
- 4:25time. But you got to be prepared for
- 4:27the volatility, for the surges and the draw downs, the good
- 4:30days, the bad days. This is bitcoins annualized
- 4:34return looking back a decade, looking forward to decades.
- 4:39And you can see that the network was growing faster.
- 4:42When it's small, that's totally rational.
- 4:46It's now in the mid 50s. What do I expect?
- 4:50I expect it will continue to grow exponentially, but as it
- 4:54approaches hundreds of trillions of dollars, it will decelerate
- 4:59to the point where it's growing about 21% a year now.
- 5:04How does that compare to the S&P?
- 5:06It'll be growing faster in 20 years.
- 5:09It's still going to be the best idea.
- 5:12It's still going to be the most lucrative capital asset a
- 5:16company can hold. It's still going to be a durable
- 5:21vital. There will not be a better
- 5:24investment in the year 2046. And I think it's very important
- 5:29to understand that bitcoins trending toward the performance
- 5:37of the best capital assets in the world, in the conventional
- 5:42world, which are like, you know, MAG 7 digital monopolies mixed
- 5:46into an index. It's trending toward it, but it
- 5:48will never reach it. And it will never perform at
- 5:52that level because it's always going to be better.
- 5:55It's always going to be more useful.
- 5:56It's always going to be less risky.
- 5:58It's always going to have the counterparty risk of a company
- 6:01stripped away. There's never going to be ACEO
- 6:03to subpoena. There's never going to be a
- 6:05labour force. There's never going to be the
- 6:08challenge of a supply chain. It's never going to have a
- 6:11tariff on it. It's going to be pure digital
- 6:15energy, pure economic energy by then.
- 6:19It will be moving at the speed of light, on layer twos, on
- 6:23layer threes. It'll be moving 10 million * a
- 6:27second. It'll be trading between
- 6:29billions and billions of nodes and billions of other nodes.
- 6:33There's going to be nothing else to compete with it.
- 6:36It will be the most valuable thing, performing the best.
- 6:40You're not going to want to sell it in 21 years, you're just
- 6:44going to wish that you had acquired more of it.
- 6:48Bitcoin has got the green light, not that it asked or cared about
- 6:52anyone's permission to begin with, but it's still a nice
- 6:55gesture and just take a look around.
- 6:58Markets have been pummeled, but we have been here before and we
- 7:03know what all of this means. I know, I know, I remember the
- 7:07good times too. But at the end of the day, the
- 7:10Fiat system, believe it or not, is functioning just as it was
- 7:13designed to do. And that is just sickening.
- 7:17Come on, America, walk that off. Or better yet, could someone
- 7:21call a medic? That's well past four hours.
- 7:24We're looking at 50 years over here.
- 7:26How does it not just kill over? But in all seriousness, what are
- 7:30you going to make me tap the sign?
- 7:32You know what comes next? Larry Lepard done told you the
- 7:35big print is coming. And guess who agrees?
- 7:37The Gipper. Check it out.
- 7:39There's only two ways of getting money other than raising taxes.
- 7:43It can go into the money market and borrow, competing with its
- 7:46own citizens and driving up interest rates, which it has
- 7:49done. Or it can print money and it's
- 7:52done that. Both methods are inflationary.
- 7:56We're victims of language. The very word inflation leads us
- 8:00to think of it as just high prices.
- 8:03Then, of course, we resent the person who puts on the price
- 8:05tags, forgetting that he or she is also a victim of inflation.
- 8:10Inflation is not just high prices, it's a reduction in the
- 8:14value of our money when the money supply is increased but
- 8:18the goods and services available for buying are not, We have too
- 8:22much money chasing too few goods.
- 8:25Wars are usually accompanied by inflation.
- 8:27Everyone is working or fighting, but production is of weapons and
- 8:31munitions, not things we can buy and use.
- 8:34A One way out would be to raise taxes so the government need not
- 8:38borrow or print money. But in all these years of
- 8:42government growth, we've reached indeed surpassed the limit of
- 8:47our people's tolerance or ability to bear an increase in
- 8:50the tax burden. Prior to World War 2, taxes were
- 8:55such that on the average, we only had to work just a little
- 8:58over one month each year to pay our total federal, state and
- 9:01local tax bill. Today we have to work four
- 9:05months to pay that bill. Some say shift the tax burden to
- 9:10business and industry, but business doesn't pay taxes.
- 9:14Or don't get the wrong idea. Business is being taxed so much
- 9:18so that we're being priced out of the world market.
- 9:21But business must pass its cost of operations, and that includes
- 9:24taxes on to the customer and the price of the product.
- 9:28Only people pay taxes. All the taxes.
- 9:32Government just uses business in a kind of sneaky way to help
- 9:36collect the taxes. There is no stopping this train
- 9:39and we have the big finish coming from Jeff Booth.
- 9:43But before we bring it home today, look at our likes 3 or 4
- 9:46times maybe. I'll pump those numbers up.
- 9:48Those are rookie numbers in this racket.
- 9:50Don't. Forget to like, subscribe and
- 9:52give us a PAMP while we take a moment to recognize our friends
- 9:55powering this show over at the Bitcoin Way.
- 9:58Nation states are hacking banks and crypto exchanges.
- 10:02Self custody of your Bitcoin has never been more important, and
- 10:05if you're looking to learn how to get your Bitcoin off
- 10:07exchanges and into self custody, if you want to learn how to run
- 10:10a node and take back your privacy, you're going to want to
- 10:12head over to the Bitcoin way and begin your journey towards
- 10:15Bitcoin sovereignty today. If you're looking to get
- 10:17started, you can schedule a free 30 minute consultation using
- 10:20that link in the show notes. Oh, and have you ever tried to
- 10:24explain this to your friends and they just rolled their eyes and
- 10:27asked if you caught the game last night?
- 10:29Boom, we got you covered. The Orange Pill app is the
- 10:32single largest this repository of Bitcoin only events in the
- 10:35world. Connect with over 16,000 other
- 10:37bitcoiners in real life. Bitcoin is better with friends
- 10:41and now you can ZAP them instantly all in one app.
- 10:44What are you waiting for? Download the Orange pill app
- 10:46today. Go ahead and meet up and who
- 10:47knows the connections you make could last a lifetime.
- 10:50Big finish time. Once you go orange, you never go
- 10:54back. But I am not going back no
- 10:56matter what this is. And I know many, many people
- 11:00that are that aren't. And so on one side people would
- 11:05say, well, what if Bitcoin goes to zero?
- 11:07OK, then it goes, it goes to 0. But the only way it could go to
- 11:100 is if everyone chose to go back because so let's talk about
- 11:15some real potential risks to Bitcoin.
- 11:19And I would say that there's 2 two major risks to Bitcoin that
- 11:24both of what I, what I'm saying here solve 1 would be quantum.
- 11:29At some point, you could say quantum is never going to
- 11:33happen. And that might be true.
- 11:34But I would say that that's more of an edge case now that at some
- 11:39point, whether through what Microsoft's doing with hardware
- 11:44to be able to make and, and then software, we will, we will
- 11:50likely get to quantum. Might be 10 years, might be 5
- 11:53years, might be 20 years, might be never.
- 11:57But, but I think in something that's this profound, we should
- 12:02take the case that we should take the case that we will get
- 12:05there someday and we should do the work to be able to to make
- 12:11the protocol quantum resistance. How do you make the protocol
- 12:14quantum resistance resistant? A whole bunch of people do the
- 12:17work to make sure the best solution is done and and that
- 12:21solution is fought with all of these people going through this
- 12:25consensus mechanism. And then you roll out change and
- 12:29who rolls out the change? The people that vote for the
- 12:31change. That's in best interests of
- 12:33Bitcoin, the social layer. So the so and, and we're doing
- 12:39at ego death, we're doing a lot of work on this right now,
- 12:42looking at all of the various different proposals.
- 12:46So you see, OK, there's a risk way out here, right?
- 12:51What should we actively participate in?
- 12:54Making sure that risk doesn't materialize.
- 12:58You can imagine there's a whole bunch of other people, not just
- 13:01ego death, whole bunch of individuals, same, same as us
- 13:04because of the social layer that are doing the very same thing.
- 13:08What's another risk? Another risk is us.
- 13:11The risk is most people are measuring Bitcoin in the Fiat
- 13:16instrument. And if they're measuring Bitcoin
- 13:19in the Fiat instrument, they're actually contributing to the
- 13:22centralization and they don't realize it because, and they
- 13:26will get rich because Bitcoin will go up a lot in the Fiat
- 13:29instrument and they will probably sell, trade their
- 13:33Bitcoin for the Fiat instrument and they will, they will likely
- 13:39not run nodes. They will likely not part be
- 13:41part of this. And at some point that Fiat
- 13:44system, which is an inflationary system has to attack the honest
- 13:48one has to. So you could just go through the
- 13:53thought experiment. What would you do to to enable
- 13:57that attack? What you would do if you were a
- 13:59government, what we would do is if you were, you would be on
- 14:04side with Bitcoin. This increasingly bigger crowd
- 14:11that comes in and only cares about number of coop technology.
- 14:15And then there's the hardcore as we call it, the freedom coop
- 14:18technology. And I mean, I would argue
- 14:21probably 99% of of Bitcoiners or maybe even like all of them come
- 14:25in first like because they see number go up and then they learn
- 14:29about Bitcoin. Hopefully most of them actually
- 14:32see the revolution and and what's so far fundamental about
- 14:35Bitcoin then later on and then all of a sudden.
- 14:39That's right, once you see the truth, you just can't Unsee it.
- 14:43Buy the war dip and sell the war bucks and Speaking of proof of
- 14:48work, don't forget to get those tickets to mining Disrupt 2025.
- 14:52The hash war is heating up and the biggest Bitcoin mining event
- 14:55of the year is heading to Dallas, TX November 11th through
- 14:59the 13th. See the latest innovations, hear
- 15:01from industry leaders and catch simply Bitcoin at the news desk.
- 15:05We hope to see you there and don't forget to use promo code
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- 15:21guys catch you next time if you. Prefer to go.
- 15:24Down with the. Ship.
- 15:26You.