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1992: “Trump Will Print Enough Money to Pump Bitcoin to $1,000,000 by 2028”
00:37:32
BitMEX founder Arthur Hayes is predicting Bitcoin will hit seven figures in about three years for one main reason.
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- [00:01]
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- [00:54]
JV
Welcome Bitcoin fam 201 daily Bitcoin pod. Bitcoin pumping back in the green. I'll be breaking down the latest TA technical analysis. Also breaking news. Public Chinese textile company will issue stock to buy 8,000bitcoin for 800 million. Corporate buying is going vertical, literally. Also breaking news, Bahrain based Al Abaraj restaurants adopts bitcoin treasury strategy. Another one, but dust. And another. Another one. Also, Jim Chanos takes opposing bets on bitcoin and strategy as well as big news, the Ukraine strategic bitcoin reserve bill reportedly in its final stages. Let's get it. We'll also be discussing Senate removes Trump's provisions and a push to pass the stablecoin bill. And speaking of Trump, President Trump will print enough money to pump the bitcoin price to a million dollars per coin within the next three years, according to Arthur Hayes. Just blaze. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good crypto fam. This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts.net again, that's crypto news alerts.net today is pot episode number 1992. We're a OO eight away from episode 2000, which is crazy to think about, but nonetheless, we're still here, fam. Going strong. Bitcoin's doing its thing. It is pumping on the day. I'm your host, JV. It's May 15, 2025. A lot of bullishness in the markets, which we love. Bitcoin back in a green as well. Let's kick it off with our market watch as we do every day. You're looking at coin 360 here on your screen. We got the pretty little bitty up a half a percent on the day trading above 1037 at the time of the live stream. Ether pretty dead even on the day trading back above 25. Hundo had a big come up in the past week. BNB barely in a green while Salana, Cardano, Tron, XRP all correcting and in the red. And checking out coinmarketcap.com the current crypto market cap 3.33 trillion. Bitcoin market cap above 2.06 trillion. We have roughly 121 billion worth of volume for the past 24 hours down 18% on the day with the bitcoin dominance coming in today at 61.9% and the ether dominance at 9.4%. Checking out Tundo crypto gainers past 24 hours we got Helium leading the pack up 7% followed by Kucoin token up 4% and Bigit token. These are basically some exchange tokens also in a green but like I said the bulk of the market correcting in the red. So very much modest gains for the gainers on the day. And checking out the crypto bubbles we get a visual perspective of how the market is reacting on the day. Safe to say 85% of the market correcting. And in the red. And zooming out for the weekly, I would dare say 90% of the market in the green zooming out on the monthly. Very similar, maybe even 95% of the market pumped up on some steroids. Just saying. And checking out. Where should we check out next? The Crypto Greed and fear index. Today we're 70 in greed. Yesterday 73. That's because 65 and a 6 plus 5 is an 11. An another divine omen. And checking out the infamous time chain calendar. We have 153, 158 blocks until having a 2028. We're currently on block number 896842 and you can currently exchange one fiat monopoly dollar for 977 sats. So pick up the sass, put down the gas and pick up some bitcoin caps from my man Sergio exclusives over@bitcoin caps.net cop yourself one of these President Bees with the awesome El Salvador Bitcoin country flag represent. We're going to continue with our TA AKA Astrology for the Baddies and we'll also pull up the live charts as we always do after the infamous freeze frame, of course. So your headline, as you can see here, Bitcoin looks redonkulous as the bulls attempt 2 trillion market cap flipper. That's right. We're flipping like the new Scotty Pippen in this piece. Analyst Philby Philby, who I've actually had on the show a few times, shout out Phil. Phil. 100,000 battle. This time is no different. Bitco begun to consolidate after making rapid gains this month with the area just north of 100,000 seeing Choppy Bitty price moves. And for the analyst, the current market behavior is about more than reclaiming six figures. Bitcoin's market cap is fighting to flip the 2 trillion mark from resistance back into firm support after losing it at the start of February. Bitcoin's currently at 2 trillion resistance by the way, it is not just 100,000 as outlined here in the Bitcoin market cap one day chart. The tug of war comes as Bitcoin's dominance of the overall crypto market begins to fade. Leading, leading some to anticipate the reemergence of alts. And as you know, the Ethereum, which is the second largest crypto, you know, the biggest altcoin there is, it was all the way down to like a 7.0-ish dominance, which is the lowest it's been in years and it just soared a couple of percentage points.
- [05:56]
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- [06:26]
JV
Fees apply in the past couple of days, so hence the bitcoin dominance has dropped a bit. Given his thoughts on the largest alt ether versus Bitcoin, he said that the trend changed Once ETH Bitcoin reclaim 03 a level also seen in early February. Zooming out the implications of the bitcoin definitely leaving 100,000 behind our plane. Quoting analysts $1 or 100 is normally a sticking point for most assets due to humans. Do an exercise and look at the other assets. They all do similar stuff. Burn the round number after the ages of resistance to liquidate the shorts. As Bart once said, eat my shorts bears come back to the 80s then fine expansion later. I believe this is no different. Bitcoin found multi month lows at 74 back in April. And the event was well supported by onchain reversal signals including the hash ribbons indicator delivering a rare buy signal shortly beforehand. And let's not underestimate the NATOR indicator. Bitcoin continues to field the bullish price prognosis from longtime traders and analysts who agree the current slowdown is a stepping stone to a rematch of the all time high. A 110, I dare say 111 in play. That's a sexy bitty blackjack babe. Targets include 120 in the short term with a June in line 150 price target or more. And as for the biddy, honestly ridonkulous. The more you zoom out the more insane it looks. Short term pullbacks below the 100 mark are easily possible. However I haven't seen such a bullish looking thing in such a long time. And also breaking news coming out of China. The public Chinese textile company Dentax will issue stock to buy 8,000 of the biddy for 800 million. Corporate buying is going vertical. China's come a long way since banning bitcoin mining and you know, over the years and it's kind of ironic that even the publicly traded Chinese companies are now adopting bitcoin for the treasury. Game on. Yeah, I mean and checking out some of the live charts. We'll do a little live chart action Jackson Satisfaction for the Broskis. That's what we do each and every day. You should be able to see live it on your screen. This is some live chart action Jackson Satisfaction via TradingView via Coinbase this is the daily but I like to zoom it in a bit and then we'll work our way backwards. Let me know if that sounds good. Checking out the one hour. The one hour chart looking pretty bullish. Past three hours we've been up humping and jumping like a young Dennis Rodman. We'll also have a green bull target scenario and play at 116baby on the one hour chart. Extremely bullish. Send it. Obviously that take us beyond price discovery as price discovery is 10, 9, 3. And checking out the Blue Bull scenario sitting at 110. Sexy Bitty Blackjack wa get struck. Let's strike it like the gong or the bitty Broski striking the bong. Shout out facts and zooming out from there. We'll take out the four hour and we'll continue to work our way backwards here. 4 hour chart live chart action. 2 bull scenarios here as well. Very similar to the 1 hour 116 in play, bullish pennant on the 4 hour. And also another new all time high ish 109 and bullish pennant formation. That's definitely very bullish. And the past 12 hours have been green candles, hence three four hour green candles printed on the four hour chart. So looking bullish on the hourly. Looking bullish on the four hour. And now looking at the daily. Also looking bullish thus far in the day in the green. We recaptured 104 just a moment ago ago. It's 10411. Another Divine Omen bull scenario in play on the daily chart sitting at 111. So practically all the time frames are showing us price discovery mode. I think that's definitely a sign. Hence the the nibinator indicator in full effect. And zooming out from there we'll take a look at a weekly and obviously it's Thursday. We have till Sunday until the new weekly candle. But let's see where we're at and how we're looking currently. 1, 2, 3, 4, 5. Green Candle closes past five weeks. So Q2 thus far pretty bullish and already forming itty bitty green for the new week. And we also have a bull scenario. Target cup and handle in play at 124. Most likely next leg up. Once we can recapture price discovery in my humb opinion and zooming out a bit further, we'll take a look at the monthly. Now we're halfway through the month as today is literally May 15th. So let's see how we're looking here. According to the one month chart, it's going up forever. Laura. That's right. Last month bullish close, this month thus far bullish. Hopefully we continue to bullish momentum. I mean, why wouldn't we? There's been nothing but bullish announcements from treasury companies and bitcoin adoption all around the world as the game theory continues in full effect. I don't know if I'm pronouncing this right, but I'm gonna try Bahrain. Bahrain based Allah Braza restaurants. That's a rough one. Adopt bitcoin treasury strategy. That's right. The Bahrain based listing catering company with a 24.2 million market cap adopted a bitcoin treasury strategy in partnership with investment firm 10X Capital.
- [11:31]
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- [11:58]
JV
Details and guess what? 10x from here is a million dollars per coin bros. And according to the announcement, the Restaurant group partnered with 10X to adopt the Bitcoin treasury strategy similar to the top corporate Bitcoin holder strategy previously known as micro strategy. But we all know nothing micro about that strategy. The firm also aims to explore Sharia compliant access Bitcoin for the Islamic world. Game on. That's big. Our initiative they say is to become a bitcoin treasury company reflecting our forward looking approach and our commitment to enhancing shareholder value value. They also added the company believes Bitcoin will play a central role in the future of finance, citing strategy's legacy as an inspiration quitting them again. We look forward to building the micro strategy of the Middle east with their support. And as you know, there's so much wealth in the Middle East. Yeah, I mean Abu Dhabi recently announced having I think it was a half a billion in a sovereign wealth fund. Just imagine how much bitcoin exposure they have in which has not been announced yet. There's so much money that oil money in the Middle east it's not even a joke. Now a photo shared by the company shows a meeting between the company representative and strategy chairman Michael Saylor. And who else was just in the Middle East? The Trumpster himself. And as they shared here, the company Big shout out to the legend Mikey Sailor. Your laser eyed conviction lit the path. The company oz ours Al Abaraja just became the first public company in the Middle east to adopt Bitcoin treasury strategy. We are stacking sats and let the dominoes fall. This is major now. The Restaurant group made the initial investment of 5 bitcoin and announced the intention to keep accumulating more. The decision is reportedly a response to the evolving financial landscape and growing institutional interests. The company plans to allocate a significant portion of its corporate treasury into the prelo biddy. Why? It's going up forever Laura. Making it a primary reserve asset. They said it was they they pride themselves on being profitable with 12 and a half million of earnings before interest, taxes, depreciation and amortization reported in 2024. The company also said it hopes to strengthen its portfolio and expand it to the finance industry. And as part of the initiative it plans to develop its own Sharia compliant financial instruments to tap the Islamic market. How many Muslims are there in the world. I dare say it's probably the biggest religion. Correct me if I'm wrong folks. I'm assuming over a billion out of an 8 billion population, maybe even 2 billion. I don't know. That's why you guys let me know. So if it's Sharia compliant, in which it is. We already know it is, then they have the ability to ape into it. So let's do it. The Firm's partnership with 10X Capital eases its introduction into the bitcoin market and digital asset treasury management. I dare say if Muhammad was alive today, the prophet Muhammad, he'd be all in on the bitcoin. Tell me if that's not Sharia. Sharia complaint fam the same company advised Nakamoto and its recent 710 million raise. And I also say the same for Jesus. If Jesus was alive today be stacking the Bitcoin on May 12, healthcare service provider Kindly MD merged with Bitcoin Native Holding Co. Which we covered a couple of streams ago. That was massive as well to form a bitcoin treasury named Nakamoto with David Bailey as the CEO and he's the guy responsible for helping to orange pill Trump and to get him to speak at the Nashville event. He's also the CEO of Bitcoin magazine. Big component here for the bitcoin community. Now these particular restaurant group plans to rely on a 10x capital to help it raise more capital to acquire additional bitty increase in the bitcoin per share ratio for investors. 10X Capital CEO Hans Thomas highlighted that the deal provides potential bitcoin exposure to the entire Gulf Cooperation Council. Quoting them here, the GCC has a combined GDP of over 2.2 trillion and hence ironically Max Kaiser's target for this cycle is 2.2 million per coin h larger than Canada, Russia, Italy, Brazil, Australia, South Korea or Spain. The sovereign wealth exceeding 6 trillion yet until now lacked a public bitcoin treasury company like micro strategy. So game on as the bitty adoption continues all over the world. But anyways now regarding a big short. I'm not familiar with this guy but I saw Max respond to to this guy and apparently some guy named Jim Chanos takes opposing bets on bitcoin and strategy which means he's shorting bitcoin and microstrategy. You must have a set of kahunas on you to be that stupid. But I found this entertaining so let's dive into this next story of the day here. Prominent short seller Jim Chanos, once a vocal critic of Bitcoin and crypto revealed a new trading play that involves shorting shares of Micro Strategy and buying Bitcoin. Okay, that makes more sense. So he's shorting MicroStrategy to buy Bitcoin. I still don't understand that because my understanding is if Bitcoin does well, strategy does well. And actually strategy will outperform Bitcoin as it's a leveraged bitcoin play. However, let me read into this. At the Stone Investment Conference in New York, Chanos told cnbc he's selling MicroStrategy stock and buying bitcoin. The investor described the move as buying something for a dollar and selling something for 250.
- [17:05]
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- [17:34]
JV
Referring to what he sees as a significant price mismatch, he argued that Strategy is selling the idea buying bitcoin in a corporate structure that other companies are following suit in hopes of receiving a similar market premium. He said that this was ridiculous. He described his trade as a good barometer of not only just the arbitrage but I think of retail speculation. His recent move assumes investors over overpay for the bitcoin exposure through the corporate wrappers like Strategy and other firms that follow its Bitcoin accumulation blueprint. The investor's move reflects a stance that purchasing Bitcoin directly would be better than purchasing strategy stocks for indirect bitcoin exposure. He also says the move suggests that holding Bitcoin through companies reflects excessive speculation and risk mispricing. It assumes that retail investors idea of having bitcoin interact through the corporate rappers can inflate the company's stock stock valuations. He probably has a good point on that one. And while shorting strategy may seem like a good idea, investors have already lost billions shorting sailors company remember back in 2024, investors who bet against the firm lost 3.3 billion as the stock rose. And as Of May of 2025, Strategy now holds 568840 Bitcoin valued at 59 billion. Hence why it's extremely risky to short a company holding 568000 Bitcoin with Michael Sailor behind the, you know, behind the company now. Since the company started accumulating Bitcoin in 2020, its stock price has surged 1500% outperforming the S P 500 gains during the same period. And in a recent release documentary from the Financial Times, strategy analyst Jeff Walton said the company, Bitcoin holdings, would help it become the number one publicly traded equity in the entire market in the future. Now back to this guy Chanos. He has not always been favorable towards bitcoin. So he was once a bitcoin hater. Keep that in mind. In 2018 interview, he described bitco as libertarian fantasy. Chano said that having digital currency as a store of value in the worst case scenario wouldn't work. Okay. The investor said that if fiat currency brings the world down, the last thing he'd want to do is own bitcoin. Food would work the best. So he's ultimately saying food is a better store of value than Bitcoin. Back in 2018 and I bet you he regrets that idiotic remark. He also criticized bitcoin for enabling illicit activity. And it kind of remind me of Mark Cuban when he compared bitcoin to bananas and he's like, bananas have more real intrinsic value than bitcoin. I get those vibes from the guy. He also criticized bitcoin for enabling illicit activity. So yeah, spreading the corporate fud, right? That they were spreading across the mainstream. Calling the crypto sector the dark side of finance. That's like saying bitcoin represents Darth Vader when we all know it's the opposite. Fiat is Darth Vader's currency of choice. Just want to throw that out there. And accusing the industry of facilitating tax evasion. Oh boy. So he hit us with all the mainstream fud. It's only for criminal criminals, drug traffickers, anti money laundering, tax avoidance. He also expressed skepticism about the spot Bitcoin ETFs, of course, saying that Wall street needs to keep the public interested in the crypto to profit from the fees. And despite the critiques, he now appears to see value in holding bitcoin directly. Flim flam artists. Particularly in contrast to investing in public companies with large bitcoin treasuries. I still think he probably working for the lizard folk and they don't like sailor and what they're doing with the corporate treasury strategy because it's birthing so many more companies to do the same thing. Same thing. And it's going to cause bitcoin to go to millions of dollars. Hence why they're probably attacking microstrategy trying to get others to short it. Just my two satoshis thus far reading into this. Chanos is best known for a short position against the energy company Enron before the firm filed for bankruptcy in O1. The move generated profits. Etc. A short position involves borrowing assets from the broker, selling them at the current price, then repurchasing the assets when the value falls to get back what you owe to to the broker. Short sellers profit when the asset value declines, but faces losses when the asset appreciates. While the investor profited from short selling Enron, his predictions weren't always correct. Well, of course he was wrong on everything about Bitcoin in the past. Chanos was bearish on Tesla and announced a short position in 2016. Tesla stock skyrocketed 22 100% between 25 okay, so now I'm getting Jim Kramer vibes. So he may be Jim Cramer 2.0, but you do know I only take financial advice from the infamous Jim Crow Jim Kramer from the Mad Bunny Channel. And if you don't know, now you know the next thing is the Ukraine. This is actually big news. Check it Ukraine Strategic Bitcoin Reserve Bill reportedly in the Final Stages that's right, Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that will bolster its financial resilience amid the ongoing war with Russia. Lawmakers are reportedly working on the Bitcoin national reserve proposal with a draft bill in the final stages, according to Yar Salav, a member of the Parliament who confirmed the plan to the local outlet. As a contractor, I don't pay for materials I don't use, so why would I pay for stuff I don't need in my mobile plan? That's why the new My Biz plan from Verizon Business is so perfect. Now I can choose exactly what I want and I only pay for what I need right now with my biz plan. Get our best price as low as $25 a line. Visit verizon.com business to get started today. Price per month with five plus lines.
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- [22:55]
JV
And special intro offers, discounts, taxes, fees, economic adjustment charge and terms apply. Offers in June 10, 2025 encrypted now. The proposal was announced during crypto 2025 conference in Kive February 6th. We will soon submit a draft law from the industry allowing the creation of the crypto reserves, he said. And Bitcoin naturally has gained international attention as a national reserve asset since the election of President Trump November 2024. And on March 7, Trump signed the infamous executive order establishing the national Bitcoin reserve. Seated with a Bitcoin confiscated from the criminal cases and there's the Trumpster signing that executive order. You know, a very awesome moment in bitcoin history. And a month later, Swedish MP Rickard Norden issued an open letter urging finance minister Elizabeth to consider adopting bitcoin as a national reserve asset, citing its growing recognition as a hedge against inflation. And while the Ukraine's push for a national bitcoin reserve marks a potentially historic shift to the crypto policy, it may require significant legal change. According to the regional head of Central Asia and Africa at the crypto exchange finance, we commend Ukraine's ambition to establish a strategic crypto reserve. He shared implementing such a reserve would necessitate significant legal changes indicating that this process will not be swift. He added, another positive aspect is that the initiative will likely lead to greater regulatory clarity in the Ukraine as the government will need to articulate its stance more clearly. Ukraine was reportedly planning to legalize crypto early 2025 with the finalization of the draft bill and coordination with the national bank of the Ukraine and the imf, according to Danielle, head of the tax committee of the Verkhovna rada. And on April 8, Ukraine's financial regulator proposed taxing certain crypto transactions as personal income. Boo. With a rate of up to 23%. I'm proposing reduce or remove all crypto taxes. That's unrealized and realized and I think one day we'll see that day. Let me know if you think that will happen with Trump as our potus. Now, not all voices in the Ukraine's crypto industry are optimistic. I could pretty much guarantee you Zelensky is probably anti bitcoin because he works with the lizard folk. Now I have a question for you. How much bitcoin could have the United States stockpiled if we had the executive order back when we were sending hundreds of billions of dollars to help support them in the proxy war? Let me know that question. I think there was hundreds and hundreds of billions. What if we would have put that into bitcoin for the United States? How much would that bitcoin be worth today? Yowzer scoop. So this headline reads senate removes Trump provisions and a push to pass the stablecoin bill. That's right. The U. S. Senate could pass a key by partisan stablecoin bill as soon as the next week. After removing language after targeting Trump and his family sprawling crypto interests, Republican senator Cynthia Lummis set on stage at the event by coinbase's lobbying arm stand with crypto that she thinks it's a fair target to have a guiding and establishing national innovation for the U.S. stablecoin act or Genius act pass by May 26. Speaking of the genius, shout out to the jizza from the Wu Tang Clan. Just a genius. Just saying Memorial Day in the U. S now. Joining her on stage was Democratic Senator Kristen Gillibrand who hinted that the bill's language was changed to scrap provisions that targeted Trump's various crypto projects which included meme coins. A crypto platform must be talking about WLFI and a stablecoin and crypto mining company that plans to go public amongst others. Quoting them here, Gillibrand when this language comes out people will see really good refinement. A lot of the progress on things like consumer protection and bankruptcy protection and ethics things beyond just what's the structure you feel me and as Brian Armstrong points out here today on the Hill, I spoke with the lawmakers including Lummis and Gillibrate Brand and someone else, Eleanor Mueller about we're on the cusp of a meaningful law for the stable coins and building a bipartisan momentum for the market structured legislation. We're so close. Pro skis Senate Dems also pull support for the bill. Not surprised there on May 8 installed its momentum airing concerns that it wouldn't help address multiple crypto tide deals which personally enriched Trump. And that's usually their key argument that everything Trump does is only to enrich Trump quitting them here. A lot of what President Trump is engaged in is already illegal, Gillibrand said. I also think his issuance of a meme coin is illegal based on the current law putting them here. It is literally offering anyone who wants to curry favor with the administration to just send him money. That's about as illegal as it gets. I am not worried about this bill having a deal with all the President Trump ethic problems. What this bill is really entitled intended to do is regulate the entire space of stables. Gillibrand said the revised bill includes some ethic requirements but was not an ethics bill. If we were dealing with all President Trump's ethic problems it would be a very long detailed bill. Coinbase CEO Armstrong, also on stage, was hopeful the Senate would vote on the stablecoin bill early next week. We shall see.
- [27:57]
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- [28:27]
JV
Armstrong, whose company cozied up with Trump by donating 1 million to his inauguration fund, declined to comment when asked if the President's meme coin could impact the passage of the bipartisan crypto bill. As he shares here, it is not my place to really comment on President Trump's activity. What do I think is important is that the bill remains focused on stable coins and if you don't know now you know President Trump will print enough money money printer go burr to pump the bitcoin price to a million per coin within the next three years, according to Arthur Hayes just Blaze as per this headline right here and another headline he was Featured in Bitcoin at 1 million by 2028 as Hayes tells Europe to get your money out while you still can. That's right. BitMax founder Arthur Hayes's Blaze is predicting Bitcoin will hit seven figures in about three years for one main reason in a new speech at the Token 2049 crypto conference in Dubai. Let me know if you were there. I had one of my good friends there. Hayes says that the potential easing a U S monetary policy will positively impact back the pretty low bitty price. Quoting them here we are going to around 1 million per BTC by 2028 because we are going to print more money in Trump's 2.0 than Biden did in his term. And that's right with the money printer turned on, Bitcoin is guaranteed to pump and 1 million is in play baby. I dare say 2.2 million in play as per the high preacher holiness Max Kaiser. Now Kathy Wood I covered Yesterday her bull scenarios. 2.4 million by 2030. Hayes predicts that Trump and his admin will inject liquidity into the market to prop up the economy, most likely especially around the midterm elections in 2026 to help Republicans win their seats. Historically easing monetary policy has sent the biddy to new all time highs. He also says that one possible catalyst that could spark Fed money printing is if the U S and China trade fall apart. Quoting them here, what happens if the China US sort of divorce goes badly? That's funny and both sides stick to their own guns and don't want to compromise. Well, are Trump and the Republicans going to not try to win the 2026 midterm election of Course not. They are going to do what they need to do to stimulate the economy to create the impression of growth and strength so that they get reelected just like any other politician. And so because of this secular change in the relationship between the two largest economic and military powers is going to be funded with printed money. Bitcoin is going to go much higher than it did from 2022 to 2025. And that ladies and gents is a road to 1 million per coin. Let me know if you agree disagree with Arthur Hayes just blaze and some other quotes that he recently shared. Foreign capital repartriation and the devaluation of the gargantuan stock of the U. S treasuries will be the two catalysts that will power the pre low biddy to 1 million per coin sometime between now and 2028. So don't get it twisted. It doesn't mean mean we don't hit a million until 2020. It can happen anytime between now and then. And that's the bigger picture. He also says I say 2028 because that is when the next U. S Presidential election occurs and who knows what type of politician will win and what policies they will enact. He also says for you euro poor peens. Poor peens those government practice whose government practice less effective form of communism than China. Don't expect the European Central bank to learn this lesson without therefore get your money out now. So he's ultimately warning people in Europe and over there in the UK etc to get your money out of the bank. I dare say no matter where you are in the world, you've been warned only keep in the bank what you can afford to lose. Because we all know the infamous metaphor storing bitcoin or hoarding. My apologies, Hoarding. Fiat in the bank. What do we call those folks? It's like a a melting ice cube. You're guaranteed to lose to inflation and your purchasing power is mathematically guarantee to decrease as the money printer continue to go burr. Hence bitcoin polar opposite. Your purchasing power mathematically guaranteed to increase against the US dollar. And all you got to do is look at how many bitcoin did you need to purchase a house 10 years ago? How many bitcoin did you need to purchase a house five years ago? And how many bitcoin do you need to purchase a house today? That's because the purchasing power continues to go parabolic as the fiat currency of the dollar continues to lose its value. Hence why you know, a carton of eggs here in Puerto rico is currently 20 bucks. I just paid the other day for like 24 eggs. Almost a dollar an egg. So yeah, 10 years ago and get a dozen eggs for like a couple of bucks. So our eggs. The new bitcoin is unvax sperm the new prelo Biddy. What are your thoughts? Family is teeth just as scarce as bitcoin. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. Hodl.