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Bitcoin is Going MUCH Higher?! | Simply Originals · Simply Bitcoin

• 0:00
  Michael Saylor just said the bear market is not coming back
• 0:03
  and Bitcoin is going to $1,000,000.
• 0:06
  There's now only 450 Bitcoin a day available for Sale by
• 0:09
  natural sellers. That's the miners.
• 0:12
  At this level, that works out to about $50 million of Bitcoin
• 0:15
  available for sale every day. If that $50 million is spot,
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  then the price has got to move up to find any natural, any, any
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  seller that's price sensitive. Now, if you do the math, you'll
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  actually see the Bitcoin treasury companies by themselves
• 0:31
  are buying the entire natural supply.
• 0:33
  Yeah, BlackRock and the ETFs are buying another measure of that.
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  And we've got nation state actors coming into the space.
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  So I think when Bitcoin rallies, if it surges to 500,000 or
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  $1,000,000, then maybe we could talk about it crashing down by a
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  $200,000 a coin. But at the current price levels,
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  it only takes $50,000,000 to turn the entire drive shaft of
• 1:00
  the crypto economy. One turn and you've got the
• 1:03
  Trump Media Organization announcing 2 1/2 billion.
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  You've got GameStop announcing 500 million.
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  You've got my company that's raising billions and billions of
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  dollars. So the writing is on the wall.
• 1:15
  Bitcoins moving higher. OK, so there's a few things.
• 1:18
  To dig into. The writing is on the wall.
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  Gigachet isn't playing games. Everyone's looking for a top.
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  But what if the move hasn't even started and breaking the global
• 1:29
  economy is on track for its worst decades since the 1960s?
• 1:33
  These warns the World Bank and I hope you caught that massive
• 1:37
  sailor interview last night. Pretty sure he just turned
• 1:39
  Jordan Peterson into a Max. And then we have this housing
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  has become the most unaffordable in the entire history of the
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  United States. We're going to let you in on a
• 1:48
  little secret on how Bitcoin makes buying a house and living
• 1:51
  in general cheaper and this Bitcoin treasury stuff is
• 1:55
  getting out of hand. How the am I supposed to read
• 1:57
  all that? I'm not doing it.
• 1:59
  And that's not even all of them. I can't even keep up anymore and
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  apparently thousands reasons more are coming.
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  And as of March 31st of this year, 79 public companies hold a
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  collective $57 billion in Bitcoin on their balance sheets.
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  That's a nearly 160% rise over the past year.
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  What do you attribute that bump to?
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  And generally speaking, why do you think public companies are
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  betting big on Bitcoin? Yeah, I think there are a few
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  reasons for that. We think this is a mega trend,
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  by the way, that's going to accelerate into the future.
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  One, of course, is increased worries about the dollar.
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  Corporations globally are sitting on records, amount of
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  cash, and what they've historically done is park it in
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  short term U.S., Treasuries or in fact in cash accounts.
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  But with the huge money printing and growing deficits, that no
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  longer seems like a valid approach.
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  They need another way to protect their wealth from degradation
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  and they're turning to the best horse in that race, which is
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  Bitcoin. Beyond that, the investing
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  audience has just recognized that this is a positive
• 3:00
  strategy. And so companies are being
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  rewarded for taking this bold step of putting Bitcoin on their
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  balance sheet. We think there will ultimately
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  be thousands of companies that do this.
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  We think we're in inning one or two of this megatrend period,
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  but you're seeing it accelerate over time.
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  It's very exciting. Let's.
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  Welcome back, I'm Rustin and you're about to find out why
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  110K Bitcoin is just the beginning and why $1,000,000
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  Bitcoin is in play. It's go time.
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  Send it. Bitcoin is eating everything.
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  And how does Sailor just have endless bars?
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  It is. That's why I'm here.
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  And there were many awesome moments in that interview with
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  Peterson, like this one. Had a guy after 30 years in
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  business and an engineering education, reasonably educated
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  but not a classically trained economist, not an Austrian
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  economist. I am struggle with struggling
• 4:00
  with the time honored question. What is money?
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  I need a liquid fungible asset which will store my economic
• 4:09
  energy for an indefinite period of time, that is.
• 4:13
  And So what is money? I'm looking for money and I, you
• 4:17
  know, eventually I get to gold and I'm, I'm thinking, should I
• 4:20
  buy $500 million of gold? And you know, my attorney, he
• 4:24
  looks at me and goes, you know, Mike, I remember when gold was
• 4:26
  $800.00 an ounce back in the 70s or the 80s and then it went
• 4:30
  nowhere for 20 years. And you should be careful about
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  that and it might not. It's kind of dead money.
• 4:36
  And then I so I'm sitting at this table and I'm watching the
• 4:40
  world burn while all the Wall Street guys get rich and the
• 4:44
  talking heads on CNBC say what they're saying.
• 4:48
  And I'm looking out at Miami Beach and I'm looking at Collins
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  Ave. and every car is not There's no cars on the road
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  except for an Amazon truck, which just makes me angry.
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  One Amazon truck going by and I've got 82 birds in my backyard
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  and they're hunting for worms because all the restaurants in
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  Miami Beach shut down so that whatever whoever was feeding
• 5:09
  them is not feeding them. So I'm watching us strip the
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  world back to the Stone Age, right?
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  A a devolution. And I'm, I'm staring over my
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  pole. I look at Eric and I say, Eric,
• 5:25
  tell me about that Bitcoin thing again.
• 5:28
  And Eric was a crypto entrepreneur and he had been
• 5:31
  investing in digital assets in crypto, and I had dismissed him
• 5:35
  two years earlier in 2018. I was like, oh, that's probably
• 5:38
  just a scam coin that's going to collapse.
• 5:42
  But, you know, everybody finds this when you, you know, if I
• 5:47
  tell you you got six months to live, you would go looking for a
• 5:50
  cure. And if I told you every asset
• 5:53
  that you hold in Canada is going to be seized from you within six
• 5:56
  months, that could happen. You would think about how you're
• 5:59
  going to get your money out of Canada.
• 6:01
  Yeah, we already thought about that.
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  You know and like, and the point is you didn't think about it for
• 6:06
  the 20 years of your career when it just wasn't the priority.
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  And then when, when you're faced with a crisis, a challenge, you
• 6:15
  start thinking. There is no second best, my
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  friends. And I don't know, it feels like
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  Sailor and Rogan might just be right around the corner.
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  And Speaking of crisis, I didn't say it.
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  Ray Dalio said it. And I think we can see the alarm
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  bells ringing all around us. And Larry Lopard is right, we
• 6:32
  are living through the mandibles.
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  This is where the demand for Bitcoin on the corporate,
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  institutional and nation state adoption level is coming from.
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  Bitcoin is on a need to know your basis, and nearly everyone
• 6:43
  is on a need to know Bitcoin coin at this point.
• 6:46
  Just look at this. The median age for the first
• 6:48
  time home buyer is at an all time high.
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  And as we showed you, housing is more unaffordable than any point
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  in history. Actually, it's only getting more
• 6:58
  unaffordable if you're operating inside that system, the Fiat
• 7:02
  system. Watch this.
• 7:03
  In 2012, you need 30,000 Bitcoin to buy this house. later, it had
• 7:15
  only cost you 20 Bitcoin, and today it could be yours for
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  five. If home prices keep falling in
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  Bitcoin, why do they keep rising in dollars?
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  All of the chaos and disorder we see stems from one thing.
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  A broken monetary system that lives off making you, me, and
• 7:41
  everyone else poor at their expense.
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  Just listen to Ron Paul in 2007. As we live beyond our means, we
• 7:48
  are destined to live beneath our means.
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  And we have lived beyond our means because we are financing a
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  foreign policy that is so extravagant and beyond what we
• 7:56
  can control, as well as the spending here at home.
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  And we're depending on the creation of money out of thin
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  air, which is it's nothing more than the basement of the
• 8:04
  currency. It's counterfeit.
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  And it is a natural, predictable consequence that you're going to
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  have. People benefit from it and other
• 8:12
  people suffer. So if you want a healthy
• 8:14
  economy, you have to study monetary theory and figure out
• 8:18
  why it is that we're suffering and everybody doesn't suffer
• 8:22
  equally, or this wouldn't be so bad.
• 8:24
  It's always the poor people, those on retired incomes, that
• 8:28
  suffer the most, but the politicians and those who get to
• 8:31
  use the money first, like the military in the industrial
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  complex. They make a lot of money and
• 8:36
  they benefit from. It I love that man sound money
• 8:39
  is the solution and it makes life better.
• 8:42
  It tilts the scales in your favor.
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  Think about it after 2008 now anytime they bail out or print
• 8:49
  you as a Bitcoin holder get the same benefits as those assholes
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  getting bonuses. Except they're getting bailed
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  out in a worthless paper or in the future a slavery stable
• 8:59
  coin. But this is the peasants revolt
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  and we have more to get to while supply is being drained and
• 9:05
  nations and U.S. states are adopting strategic Bitcoin
• 9:08
  reserves. Some states are choosing to have
• 9:10
  fun staying poor. And we have proof that Bitcoin
• 9:13
  is for your enemies too. And if it wasn't, then it
• 9:16
  wouldn't be money. And even Bigfoot is looking to
• 9:19
  start a Bitcoin treasury company.
• 9:21
  But before we bring it home, look at our likes 3 or 4 times.
• 9:25
  Maybe I'll pump those numbers up.
• 9:27
  Those are rookie numbers in this racket.
• 9:28
  Don't forget to like, subscribe and give us a PAMP while we take
• 9:31
  a moment to recognize our sponsors.
• 9:33
  Powering this show over at The Bitcoin Way.
• 9:35
  Self custody has never been more important.
• 9:38
  Learn how to run a node and don't get caught holding IOU's
• 9:41
  paper. Bitcoin refused to be placed in
• 9:43
  a digital gulag and get your Bitcoin off exchanges.
• 9:46
  Self custody is the revolution. Visit thebitcoinway.com and
• 9:50
  begin your journey towards sovereignty today.
• 9:52
  If you're looking to get started, you can schedule a free
• 9:54
  30 minute consultation using that link in the show notes.
• 9:57
  If you ever tried to explain to your friends that Ron Paul was
• 10:01
  right about everything and they just asked if he caught the game
• 10:04
  last night, well boom, we got you covered.
• 10:06
  The Orange Pill app is the single largest repository of
• 10:09
  Bitcoin only events in the world.
• 10:11
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• 10:15
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  instantly all in one app. What are you waiting for?
• 10:20
  Download the Orange Pill app today, go hit a meet up and who
• 10:22
  knows connections you make could last a lifetime.
• 10:29
  So Bitcoin, how the hell do I buy that?
• 10:36
  OK so a laptop. Hopefully an unlucky camper
• 10:38
  won't mind me borrowing his I promise I'll give it back.
• 10:50
  So I guess I'm a. Bitcoin holder now.
• 10:54
  I'm coming for you, Michael Saylor, lookout sailor.
• 10:58
  Sasquatch is a common. Meanwhile, Sasquatch stays
• 11:02
  humble, stacks sats, stays moisturized and in his lane
• 11:07
  breaking. Connecticut has chosen to have
• 11:09
  fun staying poor and good for them.
• 11:12
  And also proof of Bitcoin is for enemies too.
• 11:14
  We have news out of Ukraine, blah, blah.
• 11:16
  But you know, my only question is where did the money come
• 11:20
  from? CNBC says buckle up, a rally to
• 11:23
  100. The 30K is upon us, but we know
• 11:26
  where we're really going, don't we?
• 11:28
  We're knock, knock, knocking on Satoshi's door.
• 11:31
  Have modeling that shows that Bitcoin is going to increase
• 11:37
  dramatically and then more slowly over time.
• 11:41
  All of the Bitcoin, meaning 99% of all the Bitcoin that will
• 11:46
  ever be mined, will be mined in the next 10 years.
• 11:49
  So this asset has growth potential for the next 10 years.
• 11:53
  That's tremendous. I think the American people
• 11:55
  should admire the fact that President Trump was foresightful
• 11:59
  enough to engage in the digital economy.
• 12:03
  Everyone is going to be involved in this economy in one way or
• 12:06
  another. And I'm proud of the president
• 12:09
  for choosing to engage in this. Very promising component of the
• 12:13
  economy. One thing is for certain, will a
• 12:16
  few? A country run by banks will
• 12:18
  always be in debt. Healthcare run by big pharma
• 12:21
  will never cure disease. A state-run by war will never
• 12:24
  know peace, and a nation run by the media will never know the
• 12:27
  truth. Oh yeah, and one more thing,
• 12:30
  it's going up forever, Laura, don't forget to get those
• 12:32
  tickets to Mining Disrupt 2025. That's right.
• 12:35
  The biggest Bitcoin mining conference is heading to the
• 12:38
  Bitcoin mining capital of the world, Dallas, TX.
• 12:41
  Get ready, Bitcoin is taking over November 11th through the
• 12:44
  13th. Grab your tickets today and use
• 12:46
  promo code simply Bitcoin for 20% off and we hope to see you
• 12:50
  there. What do you guys think?
• 12:51
  How are we feeling out there? Let us know down below and I
• 12:55
  hope you guys enjoyed this one. If you got value today like
• 12:58
  subscribe and give us a PAMP share this out money gospel and
• 13:01
  set those notifications for the best in Bitcoin news delivered
• 13:04
  to you daily Love you guys catch you next time if you prefer to
• 13:08
  go. Down with the ship.