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Crypto Is a SCAM | Why ONLY Bitcoin Will Hit $1 Million! | Beyond Bitcoin · Simply Bitcoin

• 0:00
  Everyone's asking how high Bitcoin can go.
• 0:02
  Yeah, 150. Maybe 2?
• 0:04
  100 even 2. 50 this year what? But they're asking the wrong
• 0:07
  question. The real question is why is
• 0:09
  Bitcoin the only crypto asset with a mathematical path to
• 0:13
  1,000,000 and beyond? When Wall Street is 10% of
• 0:17
  Bitcoin, Bitcoin will be at a million a coin, and that means
• 0:20
  they'll be nearly $20 trillion of not Wall Street money that
• 0:26
  will be sitting everywhere else in the rest of the world, in the
• 0:30
  rest of whatever right the energy.
• 0:33
  It's impossible for anybody to take over Bitcoin in a hostile
• 0:38
  way. In this video, I'm going to
• 0:39
  break down why Bitcoin isn't just another coin in the bag.
• 0:42
  It's actually the main character in the global financial reset.
• 0:46
  And right now the script is getting wild imotions.
• 0:50
  This is beyond Bitcoin. Let's dive in.
• 0:58
  Or do you? Think that.
• 0:58
  There is a pathway. To do this faster.
• 1:02
  Yeah. I do think there's a pathway.
• 1:04
  I think the place to start is to use the money that's held by the
• 1:10
  US Marshals Service because it was asset forfeiture monies in
• 1:15
  the form of digital assets that could be the basis for year one
• 1:21
  of a strategic Bitcoin reserve. And then we can add other
• 1:26
  currently held assets, assets held in a different form,
• 1:30
  convert them to Bitcoin and hold them later.
• 1:34
  So there are certain things that the administration can do using
• 1:38
  its existing authority and doesn't need legislation to do.
• 1:43
  But I think it's important eventually to have a legislative
• 1:47
  framework for a strategic Bitcoin reserve so it can't be
• 1:50
  undone by future residents. And my purpose for a strategic
• 1:57
  Bitcoin reserve is to set it up. Have a million Bitcoin, 5% of
• 2:02
  all Bitcoin, hold it for 20 years, and it will eliminate
• 2:08
  half of the US debt. Bitcoin is no longer a ripple.
• 2:12
  It's a nation state asset. Governments are buying Wall
• 2:16
  Street, discording, and the biggest asset manager in the
• 2:19
  world, BlackRock, chose Bitcoin. Not Ethereum, not Solana, not
• 2:24
  XRP Bitcoin. And they didn't just file an
• 2:27
  ETF. Larry Fink calls Bitcoin a
• 2:30
  flight to safety. This rally is way beyond the
• 2:33
  rumor. I think the the rally today is
• 2:35
  about a flight to quality with all the, you know, all the
• 2:39
  issues around the Israeli war, now global terrorism.
• 2:45
  And I think there's more people running into a fight.
• 2:48
  The quality, whether that is in treasuries, gold or crypto,
• 2:52
  depending on how you think about it.
• 2:53
  And I believe crypto will play that type of role as a flight to
• 2:57
  quality. Bitcoin does not hit 1,000,000
• 2:59
  with retail hype. It hits it with nation state
• 3:03
  level adoption. Here's what makes Bitcoin
• 3:05
  untouchable. You can't inflate it, you can't
• 3:07
  pause it, and you can't negotiate with it.
• 3:10
  Ethereum had the Dow hack rollback.
• 3:12
  You remember that Solana often halts operations like a bad
• 3:15
  Wi-Fi router. But Bitcoin?
• 3:17
  It just takes every 10 minutes like clockwork.
• 3:20
  In a world where everything's up for negotiation, Bitcoin is the
• 3:23
  one asset with rules, not rulers.
• 3:26
  The one of these that's the most interesting to me, I guess would
• 3:28
  be the Clarity Act, specifically because I think the way that it
• 3:33
  was written grandfathers in certain block chains and
• 3:36
  advantages them relative to what would happen if they were
• 3:39
  launched today. So if you look at the way the
• 3:41
  the the legislation was written, it allows technologies like
• 3:46
  Ethereum and Solana block chains to be classified as
• 3:49
  decentralized when they're actually not.
• 3:52
  And if they were launched today, they would go through a much
• 3:55
  different process than they're going to go through now that
• 3:57
  they're being grandfathered in. Now, whether or not this
• 4:00
  technology ultimately gives these other block chains enough
• 4:04
  of a step forward on Bitcoin remains to be seen as my
• 4:07
  perspective that the underlying technology will ultimately win
• 4:10
  the day. So if you look at these
• 4:12
  grandfathered in technologies like Ethereum and Solana,
• 4:16
  they're proof of stake technologies.
• 4:18
  And what that means is if I have a big stake in the blockchain, I
• 4:22
  get to say what happens. That's exactly how society works
• 4:25
  today. And it's not really a
• 4:25
  technological revolution. What's so different about
• 4:28
  Bitcoin is the governance of it and it's proof of work consensus
• 4:31
  mechanism. And so we tend to believe that
• 4:34
  the energy intensity that's tied to new creation of Bitcoin is a
• 4:39
  game changing technology. And so, you know, you can
• 4:44
  speculate as to why things like Ethereum have had this pop in
• 4:47
  the past few weeks. That's my perspective because
• 4:49
  this this legislative helped them have a leg up.
• 4:51
  I don't think in the end of the day they're going to win.
• 4:54
  So I guess this would enable I further.
• 5:00
  Essentially the way it all comes together is the government is,
• 5:03
  is now saying we are not going to declare certain of these
• 5:07
  crypto activities to be contrary to regulation as it stands right
• 5:12
  now. In other words, a tacit
• 5:13
  endorsement that this stuff can't exist in this form and can
• 5:16
  continue to develop, but develop toward what I really think is,
• 5:20
  is, is, is that an issue still or is it just, hey, Bitcoin,
• 5:23
  because of all the attributes you mentioned is a great store
• 5:26
  of value and can continue to be? Yeah, well that's exactly the
• 5:30
  question. People need to start thinking
• 5:31
  about what problem these various block chains solve, and the
• 5:36
  answer is most of them don't actually solve any real problems
• 5:40
  except Bitcoin. Let's talk Fiat. the US is
• 5:43
  running $2 trillion of deficits in peacetime.
• 5:46
  Global debt $315 trillion and climbing.
• 5:50
  I actually wouldn't trust all these statistics.
• 5:51
  I'm getting them all from ChatGPT, but I digress.
• 5:54
  As we know, central banks are trapped.
• 5:56
  They have to print. There's no way up.
• 5:58
  And guess what? You may not be early to Bitcoin
• 6:00
  anymore, but you're definitely in time for the collapse.
• 6:03
  Bitcoin doesn't need to moon, the dollar just has to keep on
• 6:07
  doing what it's doing. And Speaking of being on time
• 6:09
  for the collapse, are you prepared if the system really
• 6:12
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  communication tools, and so much more.
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• 6:31
  the lights go out. If you're stacking Bitcoin,
• 6:33
  stack some preparedness too. And right now you can go to
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• 6:40
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• 6:42
  Because sovereignty isn't just financial, it's physical.
• 6:45
  Let's face it, most cryptos are a startup with a token taped on.
• 6:49
  They have CEO's, road maps, venture capitalists and back
• 6:54
  doors. Bitcoin is property, Ethereum,
• 6:58
  everything else in the crypto ecosystem likely.
• 7:00
  They're all securities, right? Why are they securities?
• 7:04
  They're controlled by groups of developers.
• 7:07
  They're issued pursuant to Ico's initial coin offerings.
• 7:11
  That makes them security. If there's a pre mine and there
• 7:15
  was a group of of individuals that initially control the
• 7:18
  thing, it makes IT security. If you know if anyone can
• 7:23
  exercise undue influence becomes security.
• 7:25
  And technically, if you know, if you look at the definition, it's
• 7:29
  when you're making investment of money relying upon the efforts
• 7:33
  of others and expectation of profit, it becomes an investment
• 7:36
  contract, a security. OK.
• 7:39
  The fundamental difference between Bitcoin and Ethereum is
• 7:43
  Ethereum's monetary policy changes every six months.
• 7:47
  Every few months it changes. There's a difficulty bomb and
• 7:50
  Ethereum that's been getting pushed back since 2016.
• 7:54
  They keep pushing it back. When it goes off, it will wipe
• 7:56
  out. Obliterate a $50 billion
• 7:59
  Ethereum mining industry. Just wipe it out completely.
• 8:02
  Change the protocol, flip everything to proof of stake.
• 8:05
  They keep putting it off. OK, that sounds like a group of
• 8:09
  people exercising influence over the protocol.
• 8:12
  The thing you need to know about Bitcoin is on pizza day, May
• 8:16
  22nd, 2010, Bitcoin is trading for a couple of pennies for the
• 8:21
  first time in 15 months or or something like that.
• 8:25
  The protocol hadn't changed and has not changed it.
• 8:31
  When it was a penny, the protocols were all the same.
• 8:34
  Today, they're the same exact protocol.
• 8:37
  There was a war fought over this the block size war and the block
• 8:41
  size war. All of the powerful holders and
• 8:45
  miners and exchanges wanted to change the protocol and double
• 8:50
  the block size. It would have changed all the
• 8:53
  economics of Bitcoin forever for the next 1000 years.
• 8:56
  It would have screwed up the economics of the miners.
• 8:59
  It would have shifted the balance of power in favor of of
• 9:02
  of some holders versus others. That war was lost.
• 9:08
  The original Bitcoin protocol continued on, and that means
• 9:12
  it's an unadulterated protocol and it's shown itself to be
• 9:17
  resistant to the influence of of any group of people.
• 9:21
  That's what makes it property. Ethereum has Vitalic, Solana has
• 9:25
  Solana Labs, XRP has Brad Garlinghouse, Bitcoin.
• 9:30
  It has no known founder, no company, no exit strategy that
• 9:35
  someone can change the rules of the entire ecosystem on a Zoom
• 9:38
  call. It's not Bitcoin.
• 9:39
  Let's do the math 21 million coins, several of which are lost
• 9:43
  forever. ETFs and publicly traded
• 9:45
  companies like Strategy are gobbling up supply.
• 9:48
  Governments haven't even started buying in size yet.
• 9:51
  And here you are waiting for a pullback.
• 9:53
  There simply won't be enough Bitcoin to go around when the
• 9:56
  world wakes up. Bitcoin securitization and, and
• 9:58
  Bitcoin backed, you know, companies effectively buying
• 10:02
  Bitcoin and, and not selling it. And, and you know, if you look
• 10:05
  at that category, it's, it's dominated by, by MicroStrategy.
• 10:09
  But if you look at that category, it's like 750,000
• 10:12
  bitcoins or something like that are owned by Bitcoin treasury
• 10:16
  companies. Project that number forward.
• 10:18
  Like if you, if you increase the number of Bitcoin treasury
• 10:20
  companies and you increase their time in market and you increase,
• 10:23
  let's say their ability to find additional financing or dilution
• 10:28
  events because the price of Bitcoin is going up.
• 10:30
  And that's like driving liquidity into these these
• 10:32
  instruments, then they're going to be able to, to continue to
• 10:36
  grow at an ever increasing rate the amount of Bitcoin held by
• 10:40
  those types of, of, of vehicles. And so, you know, if 750,000
• 10:46
  bitcoins becomes 3,000,000 bitcoins or 4 million bitcoins,
• 10:49
  like it's going to cause a massive supply shock.
• 10:52
  And it's like, well, how do you get the Bitcoin out of those
• 10:54
  companies once it goes in? And so ultimately, like if, if,
• 10:58
  if the sailors of the world can accumulate too much Bitcoin, you
• 11:03
  know, it doesn't matter if people are rebalancing or not,
• 11:06
  there's, there's just going to be a massive squeeze on the
• 11:09
  market. And and until those, those
• 11:12
  businesses, until sailors went and sell some Bitcoin like it,
• 11:15
  you know, there's no solution for it.
• 11:16
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• 11:20
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• 11:24
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• 11:38
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• 11:45
  Bitcoin is not another crypto play.
• 11:47
  It's a peaceful revolution wrapped in map.
• 11:50
  And as Fiat systems unravel, Bitcoin doesn't just stay
• 11:53
  steady, it becomes the center of gravity.
• 11:55
  The #21 million isn't magic, it's verified.
• 11:59
  And when that math meets the monetary madness that we have
• 12:01
  today, 1,000,000 a coin doesn't sound that crazy.
• 12:05
  That sounds inevitable. Anyway, thank you so much for
• 12:08
  watching this video, imotions. This is beyond Bitcoin.
• 12:11
  If you like what you see and you want to see more, subscribe to
• 12:13
  the simply Bitcoin channel. You could just hit that like
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• 12:18
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• 12:21
  every single day of the week. I think that's it.
• 12:23
  Until next time.