Latest / Simply Bitcoin / Bitcoin on its BIGGEST Rally EVER!? | Bitcoin Simply

Transcript

Bitcoin on its BIGGEST Rally EVER!? | Bitcoin Simply · Simply Bitcoin

• 0:00
  Donald Trump just dropped a bomb on markets.
• 0:02
  Interest rates are coming down and it doesn't seem like Jerome
• 0:05
  Powell is part of his plans. Are you already thinking about
• 0:09
  who your next Fed chair would be?
• 0:10
  I know it's 2026. What is?
• 0:12
  So you're already thinking about it.
• 0:14
  It's coming out very soon. What were you thinking about
• 0:19
  that I could tell you, but I. Don't think what do you make I?
• 0:22
  Have a pretty good idea? What?
• 0:23
  Do you make of the Ayatollah say we all know what's about to
• 0:26
  happen, right? The US is about to refinance
• 0:34
  $9.2 trillion worth of its debt at a higher rate than it
• 0:38
  borrowed at, and this is a problem.
• 0:40
  How much Bitcoin is Michael Saylor buying you?
• 0:43
  Obviously are the ultimate hodler you would buy if you have
• 0:49
  money, you buy Bitcoin I think, don't you?
• 0:51
  Don't matter whether it's up, down or flat. 150% Bitcoin Joe.
• 0:56
  How much Bitcoin are you buying right now?
• 0:58
  This isn't the time for lettuce hands.
• 1:00
  Buckle up, this is Dante Koch with Bitcoin.
• 1:02
  Simply, let's go. Half any predicted Bitcoin to be
• 1:13
  $10 million a coin a week after it launched in 2009.
• 1:16
  People thought he was crazy, but he saw the lack of
• 1:19
  accountability in government money printing and he thought
• 1:22
  that there had to be a better solution.
• 1:24
  Bill thought that $10,000 was a pipe dream and never going to
• 1:27
  happen, right? So I think half any was just
• 1:29
  like, you know, decade ahead of his curve in terms of thinking
• 1:33
  about, you know, that this could actually happen, right?
• 1:36
  So I think you know, because if everybody was 100% convinced,
• 1:40
  but it's going there, it would already be there, right.
• 1:42
  And so there's, there's got to be doubt about the, you know,
• 1:47
  the pace of adoption, how much more money is and what the
• 1:51
  addressable market actually is. We don't we don't fully know.
• 1:53
  I mean, I think Halfini's estimate is reasonable because
• 1:56
  still today, you know, even they made it is because there is a
• 1:59
  lot of monetary premium What people are trying to protect
• 2:04
  themselves from inflation is safe by you know buying real
• 2:07
  estate. People are just trying to
• 2:08
  protect themselves from inflation, which is exactly what
• 2:11
  Jerome Powell is trying to do for America with this current
• 2:13
  policy and high rates. But Jerome Powell isn't going to
• 2:17
  be leading the charger for much long, Izzy and rates aren't
• 2:20
  going to be that high anymore. And if we had a good Fed
• 2:23
  chairman, you would lower rates. And you know what?
• 2:25
  If inflation happened in a year from now or two years, let him
• 2:28
  raise rates. But we're going out for long
• 2:30
  term debt or short term debt. We have a lot of debt coming due
• 2:33
  because Biden had all short term debt mostly, and we would get a
• 2:37
  lower rate and a lower interest rate.
• 2:39
  If this guy would lower rates, we get a lower interest rate.
• 2:43
  It's unbelievable. And he's worried about
• 2:45
  inflation. If he worries about inflation
• 2:47
  any longer, all he has to do is get the lower rate.
• 2:50
  Let us go out, borrow at a much lower rate, much lower.
• 2:53
  You can go down a point or two, we'll go out, borrow them, and
• 2:56
  if in two years inflation comes back, he raises rates, but he
• 3:00
  keeps them the same. It's just, it's insane.
• 3:02
  We all know what happens when rates come down, the money
• 3:05
  printer turns on and everything seems to be pointed to more
• 3:08
  economic stimulus later in 2025 and 26.
• 3:11
  Going back to this oldie but goodie research paper by Sam
• 3:14
  Callahan and Lynn Alden, you can see that Bitcoin is the most
• 3:18
  highly correlated asset with the M2 money supply over any 12
• 3:22
  month period. Which means that as M2 money
• 3:24
  supply shrinks, well, Bitcoins price tends to go down and if
• 3:28
  it's supply increases, well, price goes through the moon.
• 3:31
  Joe Kernan asks a great question.
• 3:33
  What would you rather own right now?
• 3:35
  What would you rather buy? What, what are you waiting for
• 3:38
  at this point in terms of good news, I think the regulatory
• 3:41
  environment since the election is definitely improved.
• 3:47
  We've talked about how much harder it gets to mine and and
• 3:51
  there's having when is the next having and and what are the next
• 3:55
  moves that that it would cause the the asset Bitcoin to get to
• 4:00
  some of these. I don't know whether you have
• 4:02
  Tom Lee type projections. I think Tom the other day said
• 4:05
  eventually it could get to 2 and a half million per coin or
• 4:09
  higher before we're we never really will get to mining the
• 4:13
  last coin, will we? Not in our lifetime.
• 4:16
  Not in our lifetime, but the last six months have been
• 4:19
  tremendous. All of the fundamental planets
• 4:22
  have aligned. Bitcoin's been acknowledged as
• 4:25
  the one digital commodity in the world by the administration.
• 4:29
  The banking regulators have given a green light to bank
• 4:32
  Bitcoin. The accountants have have
• 4:35
  upgraded the accounting to fair value accounting.
• 4:38
  There's been a surge of Bitcoin treasury companies.
• 4:41
  There's like 100 public companies or more.
• 4:43
  They're holding Bitcoin on their balance sheet.
• 4:45
  And every single week there's another announcement.
• 4:49
  I think that you know, it used to be we're focused on the
• 4:52
  halvings, but at this point the entire natural supply of Bitcoin
• 4:56
  is only 450 Bitcoin available for sale every day.
• 5:00
  That's sort of about forty $550,000,000 a day at this
• 5:04
  level. That is all being that is all
• 5:07
  being consumed by the Bitcoin treasury companies and the
• 5:10
  Bitcoin ETFs are are coming on strong.
• 5:14
  So I'm very bullish My, my, my forecast in July of last year in
• 5:22
  Nashville was bitcoins going to appreciate 29% a year on average
• 5:27
  for the next 21 years. And that moves it from it was
• 5:31
  about mid 6065 thousand to 13 million a coin in the year 2045.
• 5:38
  I'm getting more bullish on that forecast, but I'm certainly
• 5:43
  comfortable forecasting 30% a year ARR on average for the next
• 5:48
  20 years. I think Bitcoins up 57% a year
• 5:54
  for the past 4 1/2 years. Again, that's double the mag 7.
• 5:58
  That's quadruple the S&P. You know, that's you know, it's
• 6:03
  8 times real estate and bonds are down 4%.
• 6:06
  So. So Bitcoin is smashing
• 6:08
  everything, Joe. If you knew that Bitcoin was
• 6:11
  going to go 30% a year for the next decade or 20 years, would
• 6:14
  you sell it? If you knew that Bitcoin was
• 6:16
  going to be $13 million a coin or $10 million a coin like how
• 6:20
  Finney predicted, would you sell it?
• 6:22
  The right and obvious answer should be no.
• 6:25
  One of the ways that you can unlock liquidity from your
• 6:27
  Bitcoin without selling your Bitcoin and using your Bitcoin
• 6:30
  to get worthless Fiat cut bucks is by borrowing against your
• 6:33
  Bitcoin. You would want to use a partner
• 6:35
  who was trusted, who has a fast and reliable service and who has
• 6:39
  over 1005 star customer reviews and has lent that over $9
• 6:42
  billion worth of loans since 2018.
• 6:44
  And that is Lenin, the leader in Bitcoin back loans.
• 6:47
  Don't borrow using credit cards anymore.
• 6:49
  Borrow from your Bitcoin stack, which is going to be about half
• 6:53
  the interest rate of a credit card rate started just 12.4%.
• 6:57
  And you can trust that they have all of the reserves that they
• 6:59
  say they do because Lenin is the first digital lender to do a
• 7:03
  Bitcoin proof of reserves. Get .25% off of your next loan
• 7:06
  by going to learn dot Lenin dot AO slash simply the process.
• 7:10
  This is fast, simple, transparent, and you can get
• 7:12
  liquidity in your account in less than 24 hours.
• 7:15
  Go to learn dot leadin dot AO slash simply.
• 7:17
  If Bitcoin ends up becoming $10 million a coin or $13 million a
• 7:21
  coin and it grows at 30% a year for the next 10 or 20 years,
• 7:24
  well, you're going to want to protect it the right way.
• 7:26
  Get a coach. Don't just go at it alone.
• 7:29
  Learn how to safely secure your Bitcoin and your private keys
• 7:32
  and remove it from third party exchanges.
• 7:34
  Schedule a free 30 minute consultation with the team at
• 7:37
  the bitcoinway.com to help you to remove your Bitcoin from
• 7:40
  exchanges safely, confidently, privately, and securely.
• 7:44
  Schedule a free 30 minute consultation by going to the
• 7:46
  bitcoinway.com/simply Bitcoin. One of the things that people
• 7:50
  were fearful about with Bitcoin before was was the government
• 7:53
  going to ban it? No.
• 7:54
  The next question, is Bitcoin a Ponzi scheme?
• 7:57
  No. Is Bitcoin going to 0?
• 7:59
  No especially not after 16 years of running Florida State and
• 8:03
  producing a new block every 10 minutes.
• 8:05
  Is Bitcoin a scam like FTX? No.
• 8:08
  What about AI and quantum computing?
• 8:10
  Can we finally put this one to bed too?
• 8:12
  You know, if I wanted to hack your Bitcoin, I'd send you an
• 8:15
  e-mail saying a quantum computer can hack your Bitcoin.
• 8:17
  Click on the link to upgrade now and then I'd steal your Bitcoin.
• 8:21
  It's 10,000 times more likely I'm phishing you than there is
• 8:24
  there than there is a threat. So now I'm not worried about it.
• 8:29
  Bitcoin's a protocol, the software gets upgraded all every
• 8:33
  year. The hardware is being upgraded
• 8:35
  continuously, and it's the hardest thing in the universe to
• 8:39
  hack they you will hack your banking system, your Google
• 8:42
  account, your Microsoft account, and every other asset you have.
• 8:46
  You know, much sooner because they're in order of magnitude
• 8:48
  weaker. OK, great.
• 8:51
  What on Halloween? What color tie do you wear?
• 8:55
  Look, we're all orange. It's the orange.
• 8:57
  It's. Always going.
• 8:58
  So even on Halloween, it's just a orange orangey or it's an
• 9:02
  orangey sky, Yeah. There's an orange wave coming
• 9:05
  and and every public company is going to be thinking about
• 9:09
  Bitcoin on their treasury because, you know, Bitcoin is
• 9:14
  digital money. What if Moore's law applies to
• 9:16
  money and and your capital is doubling every 18 months?
• 9:21
  That's what the Bitcoin treasury companies have have included.
• 9:24
  You've got between 37 trillion and 50 trillion reasons to buy
• 9:29
  Bitcoin, I think. Don't you probably come up with
• 9:32
  that? 37 in count, 37 trillion in
• 9:35
  counting. Bitcoin is the future.
• 9:39
  Bitcoin is the future and it's it's the opportunity for
• 9:42
  everybody. Bitcoin is the future and the
• 9:45
  opportunity is for everyone. I love this clip from Bitcoin OG
• 9:48
  Bitstein on the Tales from the Crypt podcast where he's talking
• 9:52
  about not only the benefits of Bitcoin being a number go up
• 9:55
  technology, but most importantly a freedom go up technology.
• 9:59
  And the reason why is because with, with Fiat, your, your time
• 10:03
  horizon is shortening. So you're always having to chase
• 10:05
  after more yield. Everyone's, everyone's yield
• 10:08
  chasing at all times. And you can never stop.
• 10:10
  It doesn't matter how rich you get, you still have to keep keep
• 10:13
  going forward or it's all going to go away.
• 10:16
  When you're on the Fiat hamster wheel, it never stops.
• 10:19
  But with Bitcoin, because of the fact that units are, are, are
• 10:25
  not being added, so it's not getting debased.
• 10:27
  And so you can actually just hold on to money and know that
• 10:29
  it's part of a, you know, that percentage of a pie.
• 10:34
  You can actually rest, you actually have that room to rest.
• 10:37
  And so there's actually in some sense a like that there.
• 10:43
  There is a diminishing marginal utility for money.
• 10:48
  And Bitcoin I think helps illustrate that better because
• 10:51
  of the fact that over the long run, if you just save it, the
• 10:54
  value of each unit is just going to go up.
• 10:56
  And so, you know, at some point, you actually can theoretically
• 10:59
  say, you know, this is enough for this moment for whatever
• 11:03
  your purposes are. And if that's the case, I'd
• 11:07
  point out, you know, where do we get the chance for leisure?
• 11:11
  We get the chance for leisure from being able to rest.
• 11:14
  Bitcoin is a vehicle to allow us to escape and to finally find
• 11:18
  rest, which is what we're after. Rest from having to do more, be
• 11:22
  more accomplished more. Rest from just keeping up every
• 11:26
  single day. There's something beautiful
• 11:28
  about having the ability to choose your yeses in your nose.
• 11:32
  The freedom of choice, this is the freedom go up technology
• 11:35
  along with the number go up technology.
• 11:37
  We're investing in one of the ways that people are securing
• 11:39
  the network and the freedom go up technology is through Bitcoin
• 11:42
  mining. The accountants of the Bitcoin
• 11:44
  network. You can learn about how this all
• 11:47
  works by going to see the machines, the manufacturers and
• 11:50
  the makers of the people underneath of the Bitcoin
• 11:52
  network itself down in Dallas, TX from November 11th through
• 11:56
  November 13th at the Mining Disrupt conference.
• 11:59
  We've got you hooked up here from the Simply Squad.
• 12:01
  You can get 20% off your ticket by using the promo code simply
• 12:04
  Bitcoin and check out. Thanks for rocking with me
• 12:06
  today. If you get value from this,
• 12:08
  please do like, share, subscribe to the channel and as always,
• 12:12
  this is Dante Coke with Bitcoin. Simply happy stacking.