2061: What Happens When Bitcoin Hits $1M? 🚨 India, Taxes & Global Collapse

Summary

Bitcoin News Alerts | Daily BTC News - Episode 2061 Summary

Host: Justin Verrengia
Release Date: July 26, 2025
Episode Title: What Happens When Bitcoin Hits $1M? 🚨 India, Taxes & Global Collapse

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1. Introduction

In Episode 2061 of Bitcoin News Alerts | Daily BTC News, host Justin Verrengia delves deep into the current state and future prospects of Bitcoin. Skipping over the introductory advertisements and promotions, the episode focuses on critical analyses, expert opinions, and speculative scenarios surrounding Bitcoin’s trajectory towards a $1 million valuation.

2. Market Analysis

Current Market Status (00:58 - 03:30):

The episode kicks off with a comprehensive market watch update. Justin highlights the bullish trends in major cryptocurrencies:

• Bitcoin (BTC): $2.35 trillion market cap, maintaining a dominance of 60.5%.
• Ethereum (ETH): $11.6% dominance, also in the green.
• Overall Crypto Market Cap: Approaching the all-time high of $4 trillion, with the current cap at $3.89 trillion.
• 24-Hour Volume: $126.5 billion.

Notable Quote:

“Bitcoin in the green. Ethereum in the green. Everything in the green.”
— Tyler Winklevoss (00:56)

Technical Analysis (05:27 - 08:42):

Justin presents live chart analysis, emphasizing Bitcoin’s resilience post-recent corrections. The charts indicate strong bullish momentum across daily, weekly, and monthly timeframes, with several bullish targets identified:

• Double Bottom Target: $118,851 (1-hour chart)
• Bull Flag Target: $137,000 (4-hour chart)
• Daily Chart Target: $1,463
• Monthly Chart: Highlighting a 17-year bull run with four consecutive green closes.

Notable Quote:

“This is pretty nice... Everything in the green.”
— Tyler Winklevoss (03:20)

3. Expert Insights: Robert Kiyosaki on Bitcoin ETFs

Warning Against Paper Assets (10:03 - 12:58):

Justin discusses Robert Kiyosaki’s cautionary stance on Bitcoin, gold, and silver ETFs. Kiyosaki warns that while ETFs lower barriers to entry, they do not provide ownership of the underlying assets. This distinction is crucial for investors seeking true asset security.

Notable Quotes:

“An ETF is like having a picture of a gun for personal defense.”
— Justin Verrengia quoting Robert Kiyosaki (10:03)

“An ETF is like having a picture of a gun for personal defense. Sometimes it's best to have the real McCoy.”
— Tyler Winklevoss (13:11)

Discussion Points:

• Security Risks: ETFs are susceptible to fraud despite robust security measures.
• Physical Ownership vs. Paper Claims: Emphasis on the importance of holding actual assets to mitigate risks of confiscation or devaluation.
• Institutional Strategies: Balancing ETF investments with direct asset acquisition for enhanced security.

4. Quantum Computing and Bitcoin Security

Potential Threats to Bitcoin (18:11 - 22:21):

Justin and Tyler explore the implications of advancing quantum computing on Bitcoin’s security. Quantum computers could potentially break the Elliptic Curve Digital Signature Algorithm (ECDSA) that secures Bitcoin wallets, posing significant risks to private key integrity.

Notable Quotes:

“What if quantum computers can hack for example Satoshi's honey pot collectively of 1.1 million Bitcoin.”
— Justin Verrengia (18:16)

“Bitcoiners will always be 10 steps ahead... because Bitcoin is programmable money.”
— Justin Verrengia (19:36)

Key Points:

• Shor’s Algorithm: A quantum algorithm capable of efficiently solving problems that underpin Bitcoin’s cryptographic security.
• Timeline: Quantum computers are estimated to be decades away (10-30 years) from posing a real threat to Bitcoin.
• Mitigation Strategies: Upgrading wallets and adopting quantum-resistant cryptographic methods as technology evolves.

5. Michael Saylor's Bitcoin Accumulation Tactics

Strategic Bitcoin Acquisitions (23:00 - 28:19):

The episode highlights Michael Saylor’s aggressive Bitcoin accumulation strategy through his company, MicroStrategy, now rebranded as "Strategy." With allocations increasing from $2.5 billion to $2.8 billion, Saylor aims to solidify his position in the Bitcoin space, potentially inspiring other corporations to follow suit.

Notable Quotes:

“Strategy is not merely seeking profit enhancement.”
— Tyler Winklevoss (24:45)

“Sailors acquisition spree is symptomatic of a broader institutional pivot towards the preload bitty.”
— Max Geiser (27:22)

Implications:

• Institutional Endorsement: Saylor’s moves signal growing confidence in Bitcoin as a treasury reserve asset.
• Market Impact: Increased corporate demand could drive Bitcoin prices higher, fostering further institutional interest.
• Competitive Positioning: Strategy aims to emerge as a leading player in the Bitcoin ecosystem through substantial acquisitions.

6. Gemini vs. JP Morgan: Tyler Winklevoss Claims

Banking Retaliation and Anticompetitive Behavior (17:12 - 17:40):

Tyler Winklevoss accuses JP Morgan Chase of halting Gemini’s onboarding process in retaliation for Gemini’s public criticism of the bank’s anti-competitive data access policies. This conflict underscores the tension between traditional financial institutions and emerging fintech/crypto companies.

Notable Quotes:

“JP Morgan retaliated after called out the banking giant’s new move as anti-competitive behavior.”
— Justin Verrengia (16:45)

“Sorry Jamie Diamond Demon, we are not going to stay silent again.”
— Tyler Winklevoss (17:35)

Key Points:

• Data Access Policy: JP Morgan’s requirement for fintech firms to pay for customer banking data access is viewed as a barrier to crypto purchases and fintech growth.
• Gemini’s Stance: Gemini remains defiant, seeking to uphold consumer free access to banking data without excessive fees.
• Historical Context: Gemini’s relationship with JP Morgan has been strained since 2023, with ongoing disputes reflecting broader industry challenges.

7. Feature Story: What Happens If Bitcoin Hits $1 Million?

Catalysts and Predictions (28:19 - 38:50):

The centerpiece of the episode explores the ramifications of Bitcoin reaching a $1 million valuation. Drawing insights from various experts and recent developments, Justin outlines potential scenarios and their global impact.

Notable Quotes:

“Bitcoin is the only asset with true scarcity.”
— Justin Verrengia (34:01)

“If Bitcoin hits a million, it would create chaos in the world because it would probably mean the US dollar has effectively collapsed.”
— Tyler Winklevoss (36:24)

Key Points:

• Institutional Investment Surge: BlackRock and Strategy have amassed over 1.4 million Bitcoin, signaling strong institutional confidence.
• Government Endorsement: President Trump’s executive order to establish a strategic Bitcoin reserve with 200,000 Bitcoin adds legitimacy.
• Market Cap Requirements: For Bitcoin to reach $1 million, the market cap would need to exceed $21 trillion, surpassing gold’s value.
• Global Adoption: Achieving widespread adoption (20-40% of the global population) is essential for such a valuation.
• Regulatory Support: Continued positive regulatory developments are crucial in facilitating Bitcoin’s ascent.
• Economic Implications: A $1 million Bitcoin could lead to hyperinflation in fiat currencies, particularly the US dollar, which might lose 99.999% of its value.
• Investor Returns: Early adopters and institutional investors could see exponential returns, with retail investors also benefiting significantly.

Speculative Scenarios:

• Fiat Collapse: The devaluation of the US dollar due to relentless printing could drive investors towards Bitcoin as a stable store of value.
• Hyperinflation: Similar to economies experiencing hyperinflation, the collapse of fiat currencies could create a migration towards decentralized assets like Bitcoin.
• Market Dynamics: Increased demand from both institutional and retail investors would drive Bitcoin’s price upward, potentially establishing it as a primary global reserve asset.

Expert Opinions:

• Adam Back: Predicts Bitcoin could hit $1 million within the year, expecting a rapid and violent market upheaval.
• Samson Mao: Projects a similar timeline with aggressive bullish forecasts.
• Cathie Wood: Initially targeted $1 million by 2030, later raising it to $1.5 million, and now citing a potential $2.8 million peak.

8. Conclusion and Future Outlook

Final Thoughts (38:50 - End):

Justin wraps up the episode by reiterating the transformative potential of Bitcoin’s rise to $1 million. He emphasizes the importance of institutional involvement, continued regulatory support, and widespread adoption in making this scenario a reality. The episode concludes with a call to action for listeners to stay informed and engaged with the latest Bitcoin developments.

Notable Quote:

“What lies ahead? Sailors audacious projections for the biddy envisioning valuations as high as $1 million per coin within the next 21 years.”
— Justin Verrengia (28:19)

Key Takeaways:

• Bitcoin’s Scarcity and Institutional Backing: These are pivotal in driving its value to unprecedented heights.
• Regulatory Environment: Positive governmental policies and executive support are crucial for sustained growth.
• Technological Advancements: Continuous innovation in security and quantum resistance will safeguard Bitcoin’s integrity.
• Global Economic Shifts: Bitcoin's rise could signal significant shifts in global currency dynamics, potentially undermining traditional fiat systems.

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For a more in-depth experience, including live Q&A sessions and premium content, visit bitcoinnewsalerts.net. Stay informed, stay ahead, and as always, HODL!

Transcript

[Max]

Close your eyes.

[Stacy]

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[Tyler]

And breathe.

[Stacy]

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[Max]

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[Cameron]

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[Max]

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[Cameron]

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[Max]

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[Tyler]

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[Max]

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[Cameron]

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[Max]

Terms and conditions apply. Welcome, Bitcoin Fam, to the number one bitcoin pod in today's show. Of course, I'll be sharing the latest technical analysis as we're pumping again after a pretty significant correction just yesterday. Also, Robert Kiyosaki, Rich dad warns the risk posed by Bitcoin gold and silver ETFs. And quoting Max Geiser. Bitcoin monetizes peace and love while demonetizing hatred and war. This is only possible with perfect money Bitcoin. And we have been searching for it for 500, 000 years. Can I get an amen? Also, Tyler Winklevoss claims JP Morgan BL Gemini over public criticism. I'd expect nothing less from Jamie Demon. We'll also be discussing quantum computers can bring lost Bitcoin back to life. That's right, there's a big topic of conversation. Also the tremor of Michael Sailor's bold Bitcoin tactics. As you already know, shout out to the giga chat. We'll also be discussing breaking news. What happens if bitcoin hits a million per coin? And what if that were to happen this year? And what would that mean for the US dollar? And a lot of other things. We'll be breaking all this down for you. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show.

[Tyler]

If you're new to the Rumble, it's very important to smash the like. It is free to do so. In fact, if you hate the stream, hit the dislike. I don't care. Just do something and make sure you're logged in.

[Max]

And don't forget to repost this over On X BTC News Alerts, we stream.

[Tyler]

Each and every day. It's a dual stream. We're streaming live on Rumble nx and then this gets syndicated on every major.

[Max]

Podcasting platform around the world.

[Tyler]

Now today is Sat Sack And Saturday happy 420. It's July 26th, 2025. This is Pod episode number 2 61.

[Max]

We're the most persistent bitcoin podcasts in existence.

[Tyler]

And all hail your new fed chair dog, Nipinator. The one and only took J Pal's place.

[Max]

And let's kick it off with our.

[Tyler]

Market watch as we do each and every day. And let's see what we got here. Bitcoin in the green. Ethereum in the green. Everything in the green. And yeah, stupid pop ups messing me up here. Get me out of my swag. Come on now. Damn you Ethereum. Just bear with me here. That damn pop up. I hate pop ups on websites by.

[Max]

The way, if you haven't figured that out.

[Tyler]

But here we go. Bitcoin, Ether, XRP, everything in the green. Safe to say, checking out coinmarketcap.com current.

[Max]

Crypto market cap on the cusp of.

[Tyler]

The all time high which is roughly 4 trillion. Today it's 3.89 trillion.

[Max]

Bitcoin market cap 2.35 trillion.

[Tyler]

We have 126.5 billion worth of volume over the past 24 hours. Bitcoin dominance coming in strong at 60.5% with ether dominance at 11.6%. Checking out what else we got here? Uh, top 100 crypto gainers past 24 hours.

[Max]

We got pump fun.

[Tyler]

I can't stand them personally but they are up 15% on the day. SPX up 13% followed by Hedera up 13%. Let me know which also if any you're bullish on for the P hol boy. And checking out the crypto bubbles. For a visual perspective on a daily, let's actually zoom it in here. The daily says almost everything in the green. This is pretty nice. Again, we corrected down to the 116 range just yesterday. And we're right back in the green. Zooming out for the weekly, I'd say 60, 40 red over green. Zooming out on the monthly, virtually everything in there in the green. And zooming out for the 12 month span, I'd say maybe 70, 30 green over red. And checking out the crypto greed and fear index. Today we're inching up damn ads man, this is crazy. 72 yesterday, 70 last week 74 and last month of 70 foe giving us a little Room to continue to climb. Let me know if you feel we'll likely hit that new all time high here this weekend. There's just no telling what a constant pay to Janet Yellen. You know how it does finance. Exactly Janet. And today we're on block height 907,299. We got 142, 701 blocks into the having of 2028. And as of today July 26, 2025 on a SAT stacking Saturday you can stack 847 SATs per US monopoly money we call dollars. So you know what to do. You pick up the satch, put down the gads, you pick up some Bitcoin chaps from my man Sergio over@bitcoin caps.net.

[Max]

And with that being shared, let's continue do some live chart action. Jackson Satisfaction, Bo Jackson and we'll throw on a little Dion Sanders for the Brosis. You know, I mean little Emmett Smith in there while we're at it. And you can see the live charts here. This is the one hour via Coinbase, via Trading View. We like to use Coinbase because it's the largest exchange in the United States and I know more than half audience here is in the US though we do have an international audience all over the world. Let me know actually where you're representing. And you can see there is a green target almost matches my shirt here today sitting at 118851 for a double bottom. And then there is a bear target all the way down to the 138. Let me know which direction you feel prelo biddy likely take us next. Will we start inching towards price discovery? Will we continue to correct after yesterday's correction? I think more probable we continue to rise to the all time high than ever. Re entertain sub 100,000 but I'd love to know your thoughts. Let me know in the chat and I'll read those out loud here shortly. Checking out the four hour, the four hour chart, you can see there's a big purple target, it's a bull flag sitting just shy of 137,000 which will take us like I don't know, 15,000 above the current all time high ballpark there. So that's pretty lit. Let me know when you feel we likely hit that. I think that's most likely going to be the next leg up in the 130 range. So hopefully sooner than later. It's been very bullish for the past four months consecutively in the market even with the corrections still all green candles which you'll soon see for the monthly and zooming out for the daily the daily chart we can see rising wedgie the only wedgie officially approved by the Fed chair dog Nipinator. And there's also a purple target. You can't short your dork. You can't afford that. Hence the bull flag at 146 3.

[Tyler]

I repeat 1463 in play on the daily chart and zooming out.

[Max]

Step further and checking out the weekly.

[Tyler]

Tomorrow we're going to get a new.

[Max]

Weekly close on a Sunday around 6pm and you'll notice a lot of bullish momentum on the weekly chart. We did get three green consecutive pretty substantial green closes and then we had a corrective red and here we are today.

[Tyler]

Cup and handle target's been in play for a very long time. We we it's 124 as you can.

[Max]

See on your screen.

[Tyler]

And what's ironic is we came within $800 striking distance just about a week ago when we hit the current all time high.

[Max]

I think we're likely to bust through.

[Tyler]

This firmament like it ain't no thing but a chicky Wang nip. Anator agrees. And zooming out from the weekly we're going to check out the monthly and the monthly has been pretty amazing. You know the the saying when in doubt just zoom out. And that's that's a fact. If you zoom out you'll notice Bitcoin on a 17 year old bull run. And that's just a fact Jack. In fact it's a sexy bitty Black Jack. It's 1, 2, 3, 4 green closes.

[Max]

Well we're about to get the fourth.

[Tyler]

Close in a few days for the month of July. But that's four months in a row which is pretty lit as obviously this is the year pristine the having which is typically the most bullish of the four year cycle. So you guys let me know where you feel the pre little bitty is likely to take us next and I'll read those comments out loud.

[Max]

Next headline and this is regarding Robert Kiyosaki, rich dad himself. Oh and I completely forgot to update the sidebar. That happens from time to time. I just forget. So ignore everything you see in the sidebar. I didn't update it from yesterday's show but I promise you all the stories are new. We didn't cover these stories yet. Robert Kiyosaki warns of the risk posed by bitcoin gold and silver edm.

[Tyler]

That's right.

[Cameron]

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[Max]

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[Tyler]

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[Stacy]

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[Max]

Investor and financial educator Kiyosaki warned of the potential dangers from holding paper, bitcoin and precious metals through instruments such as E. This is a warning I've been warning you about as well. This is a warning the High Priest Max Kaiser has been warning you about. So please take heed. Kiyosaki said that although ETFs make certain asset classes more accessible to investors and the lower the barrier to entry, the investor does not physically hold the underlying asset. That's a fact. An ETF is like having a picture of a gun for personal defense. I mean that's the best metaphor I've ever heard. Sometimes it's best to have real gold, silver, bitcoin and a real gun. Know the difference when it is best to have real and when it's best to have paper. Good fact. What if someone broke into your house and you had a picture an NFT.

[Tyler]

Version of a gun?

[Max]

Is that NFT version of the gun going to help save you? Absolutely not. Same concept as were to hit the fan withholding bitcoin and the government confiscates it in the name of national security, which they'll probably do according to the bitcoin ogs we take he to, such as Max. Then you might want to have some of the underlying asset to save you in case of the apocalypse. You just never know, you know. Tickets to escape the Matrix. They're priced in bitcoin fam In May he told investors to ditch the fake money for the bearer assets like the biddy gold and silver to counteract the efforts or effects of inflation and the decline of the US dollar. Quoting Rich dad, beware of paper. And I realize ETFs make investing easier for the average investor, so I do recommend ETS for the average investor. I don't know any better yet I extend these words of caution for the average investor. I recommend Gold ETFs, Silver ETFs and Bitcoin ETFs. Yet an ETF is like having a picture of a gun for personal defense. Sometimes it's best to have the real McCoy know the difference when it is best to have real and when it's best to have paper. And the only best time to have paper is if your name is Chandy. I'm just saying. And if you know the differences and how to use them, you're better than average. Take care. Rich Dad's comments reflect the age old problem of financial institutions issuing paper claims on hard assets. They purport the whole but not actually have the liquid. Liquid assets. Yeah, it's like IOUs. What if there ends up being, you know, 40 million Bitcoin because there's 20, you know, or 19 million of them are paper and they don't really exist and it's a form of a derivative. That can very well happen, fam. But there can only ever be 21 million of the real underlying assets. So take that to the bank. However, don't hoard the fiat at the bank because there's a name for them and I'm sure you guys remember the name. Now, Senior ETF analyst Baltunes said that ETFs have some of the most robust security guarantees against this type of fraud due to the segregation between the ETAV issuers and custodians holding the underlying asset. And ETFs legally have to put the assets in with the custodian. So all the shares of the ETF are connected to the actual Bitcoin. It's a one for one ratio.

[Tyler]

There is no paper.

[Max]

I think in the crypto world there's suspicion with traditional finance and I understand that, yeah, ultimately we don't trust Wall street, we don't trust traditional finance, and we sure as hell don't trust central bankers.

[Tyler]

So anything they tell us?

[Max]

Yeah, I mean take with a grain of salt. It's like believing anything Jim Kramer says, for Christ's sake. Baltuna said ETS may be safer bet for wealthier bitcoiners as self custody could make them targets for wrench attacks or ransom attempts perpetrated by violent criminals, drug traffickers, anti money laundering and you already know the rest. And also I want to point out, quoting Max from the Orange Pill Party, he actually created this account a few years back and correct, he's not Democrat or Republican.

[Tyler]

He has his own party. It's the Orange Pill.

[Max]

He says Bitcoin monetizes. Monetizes peace and love while demonetizing hatred and war. This is only possible with perfect money, Bitcoin. And we've been searching for it for 500, 000 years.

[Tyler]

I mean, that's quite a long time.

[Max]

And also the big news. As Sergio shared, it's official, the Max and Stacy Invitational will host a poker tournament as part of the entertainment on Friday evening, January 9, 2026.

[Tyler]

Get your tickets today.

[Max]

Max and Stacy invitational.com and of course I had to drop some memes in here. I put all in and then Max.

[Tyler]

Reminded me to not splash the pot. Let me know if you guys ever.

[Max]

Seen Rounders, probably one of the most iconic, you know, poker movies of all time. I dare say jb, here I am in El Salvador alongside Sergio and Brandon Martin, living our best life, enjoying the nightlife. Max reminding us please don't splash the pot and we're all in. So you already know how we feel. But with that being shared, there's the latest and there's the greatest. But let's continue with the news fam. Next story regarding Tyler Winklevoss claims with JP Morgan. You already know JP Morgan Chase is Epstein's banking partner. I don't know if I should say partner, but I know hundreds of millions or billions were laundered through the banking cartel but so I'm not surprised here. But let's break this one down. Gemini co founder Tyler Winklevoss was accusing JP Morgan Chase of halting the crypto exchanges onboarding process. Not surprised in response to his public criticism of the bank's new data access policy, on a Friday post, Winklevoss claimed JP Morgan retaliated after called out the banking giants new move as anti competitive behavior that could harm fintech and crypto. Quoting them here, My tweet from last week struck a nerve. This week JP Morgan has told us that because it is they were pausing their re onboarding of Gemini, a customer after they offboarded as US Operation Choke Point 2.0. According to the Winklevoss twins, the dispute stems from the recent Bloomberg report that revealed JP Morgan's decision to charge financial technology firms for access to customer banking data, a move Winklevoss argued would bankrupt the fintechs to facilitate crypto purchases. And this is a very thorough post here from Tyler and kudos to him for going against this banking cartel and Epstein's banker, which is JP Morgan and which is fact by the way. Winklevoss accused JP Morgan for attempting to restrict consumers free access to their banking data through third party fintech platforms like Played Played as a third party service that helps link financial accounts to a variety of apps and online services. He says Sorry Jamie Diamond Demon, we are not going to stay silent again. Good for the Winklevoss twins. We will continue to call out this anti competitive rent seeking behavior and immoral attempt to bankrupt fintech and crypto companies will never stop fighting for what is right. I mean what do you really expect from Epstein's favorite banker? Gemini's relationship with JP Morgan has been rocky for years. In 2023 under the Biden Admin, the bank reportedly asked the Exchange to find another banking partner. Yes, citing profitability concerns. However, Gemini denied the rumors and at the time the Exchange said despite reporting on the contrary, Gemini's banking banking relationship remains intact. So they were spreading fud. I expect nothing less from Epstein's banking client to both Gemini and JP Morgan. They didn't reach out for comments here, but Tyler and Cameron have aligned themselves politically with Trump. As you know they were big supporters. I know they, I think I don't forget the exact amount but I know.

[Tyler]

They sent many bitcoin his way for his, you know, campaign.

[Max]

Last month Gemini also filed for an IPO with the US sec. The number of shares to be offered is not yet to be determined. And Gemini is an OG exchange founded.

[Tyler]

Back in 2014 by Cameron and Tyler Winklevoss, the real founders of Facebook. But unfortunately Zuck got all the credit. Who gets the last laugh now? Zuckerberg.

[Max]

And In November of 2021 it announced.

[Tyler]

A fundraise of 400 million at a valuation of 7.1 billion.

[Max]

And they have one of the most.

[Tyler]

Epic, you know, come ups with purchasing bitcoin back when it was, you know, just a fraction of what it is today. They're OGs obviously. And today it's worth billions upon billions of dollars making them one of the richest individual bitcoin holders in the world. So very smart couple of guys right there.

[Max]

Next story. Yo, this is actually a big topic of conversation. I don't ever pre read articles before I stream but I know a lot of people. Question is bitcoin safe in cold storage?

[Tyler]

What about quantum computing?

[Max]

What if quantum computers can hack for.

[Tyler]

Example Satoshi's honey pot collectively of 1.1 million Bitcoin.

[Max]

Well, it is a good topic of.

[Tyler]

Conversation, so let's just entertain this new.

[Max]

Article which was published entitled Quantum Computers.

[Tyler]

Could Bring Lost Bitcoin Back to Life. And I think we all know what quantum technology is is basically advanced and able to solve computational things super fast, maybe in a fraction of what it can do now. And technology at the level it's advancing, There's a lot of speculation that eventually these quantum computers will be able to hack unupdated Bitcoin cold storage honeypots. So let's entertain this How Quantum Tech Could Break the Wallet it says quantum.

[Max]

Computing and Bitcoin have been a hot.

[Tyler]

Topic and rightfully so can disrupt the network, potentially break Bitcoin wallets, exploiting vulnerabilities and asymmetric cryptography that secures them.

[Stacy]

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[Cameron]

The McDonald's Snack Wrap is back. You brought it back. Ranch snack wrap Spicy snack wrap. You broke the Internet for a snack? Snack wrap is back.

[Tyler]

ECDSA is a asymmetric cryptography using the Bitcoin and vulnerable to attacks by quantum computers. Bitcoin wallets are secured by the ECDSA to generate a pair of private public keys. Its security lies on the hard to solve elliptic curve discrete logarithmic problem. And I know a lot of this is like what the hell is he talking about? Just bear with me. But that's basically how it works. Bitcoin private key tracking or cracking with quantum computers is the real issue since private keys control the Bitcoin and if you lose them, you lose your money. And when a private public key pair is generated, the public key is set for verification and the private key for signing. Here's a digital signature structure diagram so you can see how it works. The private key to the public key, the message hash, the signature, then the signature verification. In 94, mathematician Peter Shore created the Shore quantum algorithm which can break perceived security of the algorithms and asymmetric cryptography. All existing algorithms would require a huge amount of time, money and resources to derive private key from the public key. However, the SH Algorithm will accelerate the process. Bitcoin and quantum security risk. You've already learned by now, quantum tech could compromise Bitcoin wallets, revealing the private keys. The risk becomes more significant as the quantum computers continue advancing. In 2025, computers are supposedly decades away from breaking ECDSA. Decade means we still got 10, 20, potentially 30 years before it does that. Also the silver lining, Bitcoiners will just be able to update their old school wallets and make it that much more quantum proof as the technology's updating. Because the beautiful thing is Bitcoin is programmable money. So in my opinion, the bitcoiners will always be 10 steps ahead, 10 chest moves, ahead of the hackers with the quantum computing, in my humble opinion. Now, can quantum computers recover lost Bitcoin? That's another great question. What happens to the lost Bitcoin? There's literally millions of lost Bitcoin right now. In fact, Satoshi's wallet, or wallets collectively are known to have 1.1 million. So what if a quantum computer can track or crack that wallet and release the coins into circulation? What would that mean? Speculation. There's likely the oldest version of the Bitcoin address using the PT or P2PK format, which has never been upgraded or reused. As a result, these addresses remain vulnerable with no one alive or available to update them. The advancement of quantum computing could potentially exploit these vulnerabilities, unlocking dormant wallets.

[Max]

But again, this is a very interesting topic of conversation, so let's just finish with this. What can you do to protect your Bitcoin from a quantum attack? Measures to protect your Bitcoin should always be taken into consideration. Regardless, fraud is a perennial threat in crypto phishing attacks. One of the most common scams in crypto, where you get a fake email pretending, for example, to be an exchange, or maybe a Trezor support email or ledger, and then they're asking you for your private keys. You never under any circumstance would want to share that. That's the easiest way right now for a hacker to steal your crypto. But yeah, I mean, I think again, I'm just going to share with you my insights because this is a topic I have, you know, looked into in the past. Eventually we'll be able to upgrade our wallets and it'll be, you know, a thousand times more advanced maybe than what it is now when it comes to cryptography and security. But even right now, if our Bitcoin was at risk, for example, your wallet, your private wallet, then, you know, there would be hacks but from my understanding, there has been no quantum computing hacks on private properly self custody wallets. All the hacks we hear about is typically from a decentralized exchange honeypot or centralized exchange honeypot where the hackers, you know, steal hundreds of millions or even billions of dollars like we saw with Bitfinex because of like a security breach or maybe an insider or something like that. But that's my two satoshis. We're going to discuss the tremor of Michael Saylor's bull bitcoin tactics. He's been making some big moves. And then we'll dive into our feature story of the day and entertain bitcoin hitting a million dollars and how that will likely play out as far as reaction with the US dollar and the rest of the chaos in the world. And then we'll do some live Q A as we do each and every day. So as you can see, the tremor of Michael Saylor's bold bitcoin tactics. All hail the chairman. That's right. Check this out. The power play behind the preferred stock. The other day our breaking story was him allocating 2.5 billion. Well, they just updated another 300 million to now 2.8 billion primarily aimed at bitcoin acquisitions. Buying bitcoin shattering conventional in investment norms. This isn't just a leap, it's a marathon dash towards bullish optimism surrounding the bitty reflecting transformative shift in how institutions perceive the digital assets. By aggressively boosting their bitcoin reserves.

[Tyler]

Strategy is not merely seeking profit enhancement.

[Max]

They're laying the groundwork to emerge as formidable players within the bitcoin space.

[Tyler]

This tactic might very well kindle a fire of corporate interest in bitcoin. And I believe that's precisely what we're witnessing right now. The other day I shared there's a new Japanese AI company with a goal of stacking 3, 000 Bitcoin. It's crazy when the AI companies are stacking the bitcoin.

[Max]

And then also of course there's Meta.

[Tyler]

Planet, the Japanese version of strategy. And so many of these other bitcoin treasury plays taking place. You got David Bailey's new one who is the, you know, advisor for Trump. You have Trump's own, you know, fund stacking bitcoin front ran the United States of, of America. He just acquired or announced at least acquiring 2 billion worth of bitcoin. We have Jack Mers. I mean the list goes on and on with 21. But yeah, it's a corporate bitcoin rush. Corporations like strategy hoarding the bitcoin they were the first publicly traded company to do so. And now there's so many others. The conversation surrounding the Bitcoin market takes on new dimensions. Sailors relentless pursuit A Bitcoin accumulation isn't just a solo venture. It could ignite a wave of similar strategies across corporate corridors. Firms that highlight their growing Bitcoin stashes not only amplify their credibility in the marketplace but also catalyze a surge in demand. The trickle down effect of increased institutional interest could elevate the Bitcoin from merely a speculative asset to a bona fide treasury reserve. Precisely fundamentally altering the place in the financial ecosystem. New time, new money. Bitcoin God. Hacking humanity Sailors acquisition. You know what fiat is? That's. That's Satan Hacking humanity bro. Sailors acquisition spree is symptomatic of a broader institutional pivot towards the preload bitty. A shift that is monumental in the implications for the market dynamics. The ripple effects of the strategy are urging the building of the Web3 startup to reassess how they frame their financial strategies around the bitty. As major players gravitate towards the bitty potential for security and growth the pressing need for rigorous regulatory and adherence surfaces prompting startups to rethink and recalibrate their financial infrastructures. Treading the tight rope of risk and reward. The horizon awaits. But what lies ahead? Sailors audacious projections for the biddy envisioning valuations as high is now 21 million per coin unveil an unwavering long term confidence and that's within the next 21 years. Family as Bitcoin as a premier asset there is no second best as his firm aims lofty goals of expanding his Bitcoin holdings and they already have well over 600000 they achieved in five years.

[Max]

It acts as a bellwether for the.

[Tyler]

Financial strategy set to follow into Bitcoin sphere. Observers must now ponder how this institutional endorsement of Bitcoin might reshape perceptions of the asset as a safe haven. Especially during the economic turbulence looming on the horizon. Reason Conclusion Sailor isn't just redefining his company's trajectory. He's on the brink of altering the entire investment dynamic of digital assets. With institutions leaning into Bitcoin as a serious asset class, the challenge for companies is to navigate the delicate dance between asset accumulation and maintaining liquidity. Our future in the realm of the Bitcoin investment may very well depend on recognizing these institutional shifts, recalibrating financial strategies accordingly. And this fast evolving climate, innovative solutions and staunch regulatory compliance will become the bedrock as if I was Fred Flintstone chilling with my boy Barney chilling with. What is his name, Dino. But instead we got Nipinator. What are you going to do?

[Max]

As Sailor stated, In 21 years, you'll wish you bought more. The sentiment reverberates with urgency, compelling corporate players to readjust their focus towards bitcoin in an age brimming with unprecedented opportunities. And if you don't know, ask the Nipinator. All right, fam. Now for our feature story of the day. What happens if Bitcoin reaches $1,000,000 per coin? This is a question a lot of you are pondering, so let's break this mofo down, shall we? And there's this big article published by Cointelegraph on the topic today, so I'm going to be reading you the highlights. One of the major catalysts was the introduction of the SPA Bitcoin ETF early 2024, before the exact date was January 11th. It feels like yesterday. And since then, Black Rock has been dominating, amassing 14.8 billion worth of net inflows, surpassing over 700,000 bitcoin accumulated. Just one organization by the name of the Black Rock. And also they have. Their record is 1.3 billion they have raised just in a couple of days. I think we've surpassed a billion a couple of days times in a single day, so. And if you really want to put that into perspective, Black Rock was able to achieve more Bitcoin in a year and a half than what took strategy. Michael Sailor, formerly known as Micro Strategies company five years. And that's just one company, bro. Did you know that Sailor's company and Black Rock alone collectively have close on.

[Stacy]

WhatsApp, no one can see or hear your personal messages. Whether it's a voice call message or sending a password to WhatsApp, it's all just this. So whether you're sharing the streaming password in the family chat or trading those late night voice messages that could basically become a podcast, your personal messages stay between you, your friends and your family. No one else, not even us. WhatsApp message privately with everyone. Ford BlueCruise hands free highway driving takes the work out of being behind the wheel, allowing you to relax and reconnect while also staying in control. Enjoy the drive in blue cruise enabled vehicles like the F150 Explorer and Mustang Mach E Available feature on equipped vehicles terms apply. Does not replace Safe driving. See ford.combluecruise for more details.

[Max]

To 1.4 million of the bitcoin. That's a pretty significant chunk. In addition President Trump's executive order to establish their strategic Bitcoin reserve in March of this year, capitalized with approximately 200,000 of the Bitcoin, sent a clear message to governments around the world. This further reinforced Bitcoin's growing status as a legitimate asset and helped boost investor confidence. And kudos to each and every one of you. That front ran the Trumpster and you bought bitcoin before him. You can tell Trump, go home, get your shine box. Because Trump, your employee of the month now brother. Alongside Larry Fin Meister and Mikey Sam Taylor, the optimism surrounding the biddy reached new heights during crypto week. Washington, D.C. july of 2025. Bitcoin hit the new all time high. Currently 123. 2 via Coinbase. And we're on the cusp of reclaiming this baby. So is 1 million really possible? I mean, I've covered with you some of the, you know, the permeables, you know, from the likes of Adam Back says it's possible this year. He's a true bitcoin og. We have Samson Mao projecting it could happen this year and it's going to be a violent upheaval. It's, it's going to happen fast. No one's going to expect it. You know, Max Kaiser, his original target is 220,000 for this year and for the cycle. He's still calling on 2.2 million in play. As you know, some of the factors that could make this a, you know, a viable reality is the fact there's a limited supply, hard cap, perfect money. Never in the history, in human history have we had an asset with a limited supply. You know, oil is, is controlled. They claim it's from fossil, they claim it's a fossil fuel from the dinosaur age. And there's such a limited supply of scarcity, so they can control the price. But I dare say oil is abundant in the earth because it's like blood in our veins and it's blood of Gaia, you know, Mother Earth, plenty of oil out there. Same concept with gold. Scientists and physicists have just discovered in recent reports. I've read that they figured out how to transmute lead into gold. That's alchemy to say the least. So what does that mean for gold? There's a lot more gold that can be found in the ground. It has maybe relative scarcity, but not true scarcity. Bitcoin is the only asset with true scarcity. Same with all the precious metals, all the commodities. They can always find more if they're willing to invest more money. Into uncovering it. With bitcoin, it's the polar opposite. It's hard capped and it's written in the code and nobody can change that. That's the beautiful thing. We also have the institutional investments. I mean that's probably why we've had such bullish momentum this year. This rally has been led by the institutions since the having of last year. Of course, also the crypto adoption potential. Only 6% of the global population even own a cryptocurrency. Also you have the FOMO from an institutional level, from the state level nations around the world, uh, Bitcoin global hash war, which Max Kaiser coin many years back and there's FOMO like a mofo.

[Tyler]

So you already know. So yeah, a lot of people believe it could happen.

[Max]

Kathy Wood has been a vocal advocate. Her initial target was like a million.

[Tyler]

By 2030 and then she upped it to one and a half million.

[Max]

And now I believe the bull case.

[Tyler]

Is 2.8 million, which we have covered.

[Max]

Here on the pod. You have the Gigachad sailor who recently.

[Tyler]

Shared a PowerPoint as a keynote speaker.

[Max]

He believes bitcoin's now going to hit.

[Tyler]

21 million a coin in the next.

[Max]

21 years with an annual return or increase of 21%. And you also have Robert Kiyosaki predicting.

[Tyler]

Bitcoin hitting a million by 2030.

[Max]

And I think the majority of you.

[Tyler]

Probably believe that's very realistic by the year 2030.

[Max]

Now will it happen this year?

[Tyler]

Who knows?

[Max]

But some of you believe that can happen. But I think most of the people.

[Tyler]

Don'T see bitcoin going up another factor of 10x.

[Max]

But I dare say a lot of.

[Tyler]

People don't truly understand bitcoin because previous cycles, for example, in 2017, I remember.

[Max]

Bitcoin was, you know, just above a.

[Tyler]

Thousand when I discovered it.

[Max]

And by the end of the year it was 20,000. That was a 20x run up and.

[Tyler]

That was the year preceding the having. So I'm not saying that's going to happen again, another 20x return.

[Max]

But if history were to rhyme, what.

[Tyler]

If we got 5x? Then there's $500,000 bitcoin, potentially 600,000 because we're 120.

[Max]

What if we get a 10x?

[Tyler]

We've done it before. Can we do it again? Absolutely. Bitcoin has no top, fiat has no bottom. I think we all agree with that one.

[Max]

But this was the initial prediction for.

[Tyler]

Mark Invest, but she has since raised that up.

[Max]

Her initial suggesting suggestion was a bear scenario of 300, 000 by 2030, 710, 000 base case with the 1.5 million target. But like I said she has upped that significantly because that was before the all the institutional adoption. That was even before obviously the churn. Trumpster with the United States signing the bitcoin executive order, what would it realistically take though for us to hit a million?

[Tyler]

For bitcoin to reach a million the market cap would need to exceed 21 trillion. That's a sexy bitty blackjack.

[Max]

Why not surpassing gold's value? That's right. Bitcoin is like a black hole and.

[Tyler]

It'S going to eat away gold because it's superior. The only person who thinks gold is.

[Max]

Better than bitcoin is a guy by.

[Tyler]

The name of Peter Schiff for brains. But you already know how we feel about Peto.

[Max]

Pete Sailor suggested that if Wall street.

[Tyler]

Allocated only 10% of the reserves into.

[Max]

Bitcoin, which to me is bearish, the market cap could reach 20 trillion pushing the biddy price to a million per coin.

[Tyler]

However, institutional involvement remains limited with less.

[Max]

Than 5% of the Bitcoin ETF assets.

[Tyler]

Held by the long term institutional investors. Retail investors currently dominate the Bitcoin ETF market.

[Max]

Also as far as global adoption, reaching.

[Tyler]

A major million per Bitcoin requires widespread.

[Max]

Adoption, which experts estimating 20 to 40% of the population would need to adopt Bitcoin. We're still at the infancy stage. I think it's like 1% of the world or something like that right now.

[Tyler]

Also continued regulatory support which we already got.

[Max]

We finally got a pro crypto administration for the first time since the inception of bitcoin. Clearly Obama's administration was anti bitcoin Biden administration with the war on crypto. So for the first time we have government embracing it. What happens if Bitcoin hits a million dollars? I mean it would create chaos in the world because it would probably mean the US dollar has effectively collapsed losing 99.999% of its value. And it's already lost like 97 or.

[Tyler]

98 of its value since you know, the inception of bitcoin, something like that.

[Max]

But it would be fascinating to say the least because it could spark hyperinflation.

[Tyler]

At a level we've never seen or witnessed before, which happens in other countries.

[Max]

When their currency gets devalued. And Bitcoin is clearly devaluing the purchasing power of the dollar as the dollar becomes less and less worthy as they.

[Tyler]

Continue to print money.

[Max]

Printer go Burr. Also, retail investors who acquired Bitcoin at the prices, sub $1 would see exponential returns. I mean just imagine people like Max and Stacy that holy cow, they're probably up 100 million percent by now and then you got the late comers. But bottom line, we may see hyperinflation at that time. Max Kaiser I believe predicted when we hit 300, 000 more recently that the dollar will have effectively collapsed. He said when we hit 400, 000 the US government is going to seize all the bitcoin they can through Wall street and ETFs. And you know the rappers like Strategy, you know, BlackRock, Block, Coinbase, etc in the name of national security. So remember, there's a difference between ETF exposure or Wall street exposure through a corporate treasury play and holding the underlying asset. Only holding the underlying asset cannot be confiscated and taken away by the forces of evil. And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate in the live stream. Stream along with the Q A and I look forward to seeing you on tomorrow's episode. HODL.

[Cameron]

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[Max]

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