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When Hard Times come can #ETH survive? #BTC There can only be one HARD money! #Bitcoin #depression #soundmoney #proofofwork #skipaltcoins #stronghand #uniquebeast @TechBalt #21Bitcoin
Like I said before, move along nothing to see here.
If you are wondering about the somewhat muted price impact to Bitcoin after last night's Binance hack, for reference, the MT Gox hack of 2014 was ~750K Bitcoin, which was about 30 days of trading volume at the time. Yesterday's Binance hack was 18,270 Bitcoin, or roughly 1/5th of a single day of Bitcoin's trading volume today, making Mt Gox ~167X worse for price impact.
Move along nothing to see here.
BREAKING: BINANCE FOUNDER CZ JUST SAID HIS EXCHANGE WILL COVER $1 BILLION IN HACK LOSSES
HE IS NOT GOING TO LET HACKERS BRING DOWN THE #BITCOIN MARKET
WHAT A LEGEND 🔥
I don’t think Jason will double down on stupid. @jason
Bitcoin will never break its all-time high again." — Jason Calacanis
Jason, I'll bet you $1,000,000 it will break its ATH. Here are the terms:
Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028, 12PM PST
I’m happy to trust you to pay or if you prefer we can each escrow the dollars with independent party.
The bet is either settled when Bitcoin hits the ATH or on October 28, 2028.
@jason Do we have a bet?
Food for thought!
$3 MILLION BITCOIN JUST BECAME A NATIONAL SECURITY QUESTION. 🇺🇸
The Pentagon is now discussing Bitcoin as a strategic weapon against CHINA.
Defense Secretary Pete Hegseth was asked whether Bitcoin could strengthen America’s strategic position.
His answer?
“YES AND YES.”
Now consider what’s at stake.
At $80,000, Bitcoin is a $1.6 TRILLION asset.
At $3 MILLION, it’s nearly $60 TRILLION.
That’s a staggering 37.5X valuation increase.
And here’s why the $3 MILLION Bitcoin thesis is MUCH bigger than another Wall Street price prediction.
For 17+ years, Bitcoin has survived everything thrown at it.
Government hostility. Banking restrictions. Exchange collapses. Mining bans. Relentless attacks from the financial establishment.
And now?
The conversation is shifting from whether Bitcoin should EXIST to whether controlling Bitcoin could give nations a STRATEGIC ADVANTAGE.
THAT CHANGES EVERYTHING.
Think about the numbers.
The United States is drowning in nearly $40 TRILLION in national debt, while China is competing to challenge America’s global financial dominance.
China’s economy generates roughly $19 TRILLION annually.
The U.S. economy generates more than $30 TRILLION annually.
Together, these two economic superpowers represent ~$50 TRILLION in annual economic output.
Now imagine Bitcoin becoming a strategic reserve asset in a competition between them.
And they’re not alone.
Saudi Arabia’s Public Investment Fund is approaching $1 TRILLION in assets.
Norway’s sovereign wealth fund manages approximately $2.267 TRILLION.
The United Arab Emirates controls approximately $2.93 TRILLION in sovereign investment assets.
Together, Norway and the UAE alone command more than $5.1 TRILLION.
And globally?
Sovereign wealth funds collectively manage an estimated $13-$15 TRILLION.
That’s BEFORE counting the TRILLIONS controlled by pension funds, insurance companies, central banks, and Wall Street.
Imagine what happens when the world’s largest governments, institutions, and corporations begin competing for the same limited Bitcoin supply.
But understand something CRITICAL.
Bitcoin doesn’t need governments to buy it to succeed.
Governments need to understand what happens if their competitors accumulate it FIRST.
Because unlike fiat currencies, Bitcoin cannot be printed to accommodate political ambitions.
There will NEVER be more than 21 MILLION BTC.
And more than 20 MILLION have already been mined.
Meanwhile, 3-4 million existing coins are permanently lost, reducing the amount realistically available.
Now picture a world where the United States, China, Saudi Arabia, and other major economic powers begin competing for strategic Bitcoin reserves.
Every Bitcoin accumulated by one nation is a Bitcoin unavailable to another at that price.
Every institutional allocation reduces the liquid supply available to the next buyer.
And every new sovereign participant potentially raises the stakes for everyone else.
THIS is the foundation of the $3 MILLION Bitcoin thesis.
A potential repricing of Bitcoin from a speculative financial asset into a globally recognized monetary reserve.
At $3 MILLION per BTC, Bitcoin’s fully diluted valuation approaches $63 TRILLION.
An extraordinary number?
ABSOLUTELY.
But so is the amount of wealth sitting inside a global financial system built on expanding debt and currencies that can be created without limit.
Bitcoin offers something no government can manufacture.
ABSOLUTE MONETARY SCARCITY.
And if the Pentagon’s interest reflects a broader strategic shift, the implications extend far beyond Wall Street.
THE NEXT BITCOIN ARMS RACE WON’T BE FOUGHT WITH MISSILES.
IT’LL BE FOUGHT WITH TRILLIONS.
Is $3 MILLION Bitcoin inevitable once nations begin aggressively competing for strategic reserves? 👇
It will happen when others with a lot of assets tried to catch @saylor - they won’t be able to, but it will be fun watching them try.
$2 MILLION BITCOIN is going to break people’s brains. 🧠
And the scariest part?
You won’t believe how FAST it will happen.
While the masses obsess over Bitcoin’s daily price…
Wall Street is playing a completely different game.
They’re not fighting over the next $10,000 move.
They’re positioning for a future where ONE BITCOIN costs more than most Americans’ homes.
And by the time the rest of the world figures out what’s happening…
The Bitcoin you can afford today will be GONE FOREVER.
Now let’s talk NUMBERS.
Because $2 MILLION Bitcoin isn’t some random moonboy fantasy.
Bitcoin OG Max Keiser raised his price target to $2.2 MILLION per BTC, pointing to Michael Saylor’s strategy of challenging the global gold market.
Because when the world’s capital collides with an asset that CANNOT be printed, the price implications are staggering.
Bitcoin has a maximum supply of 21 MILLION coins.
That’s it. FOREVER.
At $2 million per BTC, Bitcoin’s fully diluted market capitalization reaches $42 TRILLION.
Sounds enormous?
GOOD. Now look at what Bitcoin is competing against.
The world’s total gross assets are estimated at approximately $1.8 QUADRILLION.
That’s $1,800 TRILLION.
At $2 MILLION per Bitcoin, BTC would represent just 2.3% of that enormous global asset pool.
The global gold market is worth roughly $30 TRILLION.
At $2 million per coin, Bitcoin would be worth approximately 40% MORE than the entire gold market.
Global real estate alone is estimated at approximately $625 TRILLION.
Bitcoin at $2 MILLION would represent less than 7% of that market.
Global household net wealth is estimated at approximately $570 TRILLION.
Bitcoin at $2 MILLION would represent just 7.4% of that figure.
Now consider the U.S. national debt.
America owes more than $40 TRILLION.
That’s approximately $1.9 MILLION in federal debt for every Bitcoin that will EVER exist.
And the debt keeps growing.
Bitcoin’s supply DOES NOT.
Every new dollar of debt makes the contrast between unlimited fiat liabilities and absolute digital scarcity impossible to ignore.
Here’s where the math gets even more explosive.
More than 20 MILLION BTC have already been mined.
Fewer than 1 million remain to be issued over the next century.
Today, miners produce 450 new Bitcoin per day.
That’s just 164,250 BTC annually.
At $2 million per Bitcoin, that annual issuance would represent $328.5 BILLION.
Now imagine major institutions allocating just 1% of their portfolios to Bitcoin.
A $10 TRILLION asset manager allocating 1% represents $100 BILLION in demand.
That’s equivalent to 50,000 BTC at $2 million each.
And that’s ONE institution.
Now multiply that across sovereign wealth funds, pension funds, insurance companies, corporations, and governments.
The capital seeking exposure could reach TRILLIONS.
And the supply squeeze becomes even more dramatic after the next halving.
In 2028, Bitcoin’s block subsidy drops from 3.125 BTC to 1.5625 BTC.
Daily new issuance falls from approximately 450 BTC to just 225 BTC.
That’s only 82,125 new coins annually.
At $2 million each, the entire year’s newly mined supply would be worth $164.25 BILLION.
A fraction of what the world’s largest institutions collectively manage.
Now here’s the ultimate perspective.
At $2 million per Bitcoin, someone holding just HALF a Bitcoin owns $1 MILLION worth of BTC.
A quarter Bitcoin becomes $500,000.
And 0.1 BTC becomes $200,000.
Fiat supply keeps expanding.
Bitcoin issuance keeps shrinking.
And the competition for scarce BTC WILL intensify.
The math is simple.
The monetary revolution is already underway.
And $2 MILLION BITCOIN is the price target that will force the world to pay attention.
The question is: How much Bitcoin will YOU own when that day arrives?
Be like Mike. Buy the top forever. #Bitcoin
Probably nothing for nocoiners to worry about. But just in case it’s something, maybe they should get some #Bitcoin sooner rather than later. craigshipp.com/Bitcoin
$13 TRILLION BLACKROCK RELEASED A VIDEO EXPLAINING #BITCOIN
THIS IS A MUST WATCH 🔥
Probably nothing for nocoiners to worry about. But just in case it’s something, maybe they should get some #Bitcoin sooner rather than later. craigshipp.com/Bitcoin
That sounds like a good idea! @BriFitDance #smartgirl
Max has a very good point. @maxkeiser #Bitcoin