← Bitcoin News Alerts | Daily BTC Macro Signal
Bitcoin News Alerts | Daily BTC Macro Signal
2064: 🇺🇸 TRUMP MOVES TO LAUNCH U.S. BITCOIN RESERVE - $1M BTC Now Inevitable
00:29:08
Donald Trump’s top crypto advisor says the U.S. Bitcoin Reserve is coming “in short order.” This comes just days after the Treasury Secretary declared America will be the “Crypto Superpower of the World.” Analysts now say a $1M Bitcoin is no...
Loading summary
Transcript20 lines
- [00:00]
T Mobile Representative
Everyone's loving family freedom from T Mobile. We'll pay off four phones up to $3200 and give you four free phones all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $8229.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile.
- [00:29]
JV
Welcome Bitcoin fam to the number one Bitcoin po. Today's show I'll be sharing the latest technical analysis as Bitcoin Tik Tok Fractal predicts 150,000 price action top in October. Also breaking news, US SEC rolls out project Crypto to rewrite the rules for digital assets. Also Bitcoin minor Phoenix group launches a 150 million dollar Bitcoin and Salana Treasury. That's right. Also Bolivia calls crypto reliable alternative to Fiat and an El Salvador partnership. I'll be breaking this down for Bitcoin destroying central banks According to the High Priest Max Kaiser quoting him here, the 300 year old experiment in Central banking is over. It failed thanks to Bitcoin preach. Also big news. Donald Trump to get on with Bitcoin reserve in short order according to Bo Hinds. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. If you are new to the channel, it's important to smash the likes over here on the Rumble. We are already the fifth largest Bitcoin channel and all of rumble with over 5000 followers. But as you know we're starting from scratch as we boycotted the Tube along with 77000 followers over there. This is our new home on the Rumble. We're also streaming live on X as we do each and every day. It's a two hour show and if you don't know now you know. Today is pod episode 2064. I'm your host JV. It's the month July 31, 202542 2pm so let's kick this mofo off checking out coin 360 Bitcoin took a step back currently trading at 116. 8 at the time of the live stream barely in the red could easily recover during the stream back in the green ether only down 1%. XRP down 1%. And overall not a lot of action going on at the very moment. But checking out coinmarketcap.com uh, we're sitting at a 3.8 trillion U market cap all time high is just north of 4 trillion. The Bitcoin market cap took a step back as well. Currently 2.32 trillion. We got 158 billion worth of volume for the past 24 hours with a bitcoin dominance coming in at 60.9% and ether dominance at 11.8%. And checking out top 100 crypto gainers past 24 hours we got ton coin leading the pack up 6%. And it just goes to show you not a lot happening because that's the top gainer out of the entire market, only 6%. Story is up 6% and Sonic is up 5%. Let me know which alt if any you're bullish on. For the bull and checking out the crypto bubbles. I love to use this just as the visual perspective on the daily definitely safe to say 90% of the market, maybe even 95% in the red on the day. Zooming out on the weekly similar maybe I'd say 8515 red over green. And checking out the monthly that's we get some relief as the bulk of the entire market pretty impressive gains across the board for the past 30 days and long it's been long anticipated. And zooming out on the yearly I dare say kind of a mixed bag. I'd say 50, 50 half in the green, half in a red. And checking out the crypto greed and fear index. Today we're 72 yesterday 74 last week at 71 and last month a 64 and greed. And checking out the infamous time chain calendar. Today it's block height 907, 969 with 142. 031 blocks until the having of 2028. And as of this very day, July 31, 2025 right now you can exchange one fiat monopoly dollar for 857 sats. So again one dollar will get you 857 sats. Nipinator says fetch the sats. It's the smart move. Stack the stats, put down the gas and pick up some bitcoin chaps and you know the rest. But yeah man, the stream is blowing up. So let's continue with the news, tap into our TA and again welcome everyone just joining us. The headline here reads Bitcoin tick tock Fractal predicts 150000 Bitcoin price top in October hence October. Let me know if you agree. Disagree. A reoccurring tick tock fractal track by the crypto bullet shows bitcoin tends to peak approximately 518 to 546 days after each having the most recent haven occurred as you know on April 15th and as of late July Bitcoin reached the point where there's only 77 days left before the price establishes the post having pull market peak. If history is to repeat quoting the crypto bullet Bitcoin bull cycle only 3 months left tick tock tick tock and as you know get a next block every 10 minutes that places the next potential top in October. Many analysts anticipate a bitcoin price reaching 130 to 150 is the next leg up by the year's end. The current top FYI is 1232 we achieved two weeks ago with some predicting the bull towards 222. Yours truly I've been calling that virtually every day. Lark Davis points out Bitcoin inverse head and shoulders. The pattern had a price target of 150plus also aligned with the 2.6 Fibonacci extension drawn from the 2021 cycle top to the bear market bottom. The target is set now it is just a matter of time on chain data further supports bitcoin price rally in the upcoming months. The key metric showing old investors published by Crypto Quant shows that the young coins represent the recent buyers now account for 30% of the overall crypto activity is outlined right here and the current 30 level is well below the overheated peaks of 64 back in March of last year and 72 back in December 2024. Both those spikes coincided with the local price top suggesting when the new investor activity dominates the market it often marks a period of euphoria in profit taking. In contrast today's reading still allows room for further upside before such conditions set in. Quitting analysts here. From the perspective of old wallet capitulation risk the market looks balanced now this ongoing equilibrium is partly due to the strong absorption from the institutions we have. Corporations and ETFs continue to accumulate Bitcoin at a steady pace. Like I said, breaking news just in. Sailor just announced another four and a half billion dollar raise to buy more Bitcoin. Yesterday's feature story we discussed purchasing 21000 Bitcoin for literally 2 1/2 billion. Well, it seems he's just going to continue gathering all the bitcoin available until there's none left and there's the mother of all supply shocks. And before you know it, Bitcoin will be a million dollars per coin. Just saying it's inevitable. Stick around, you'll see exactly why. But next up, I actually want to share with you some of the live chart action Jackson as we do each and every day. So let me prepare that for you guys. Checking out Coinbase via Trading View. This is the one hour chart. Live chart action Jackson Satisfaction, Bo Jackson, Tony Braxton for the baddies. You can see we're correcting downwards. Unfortunately we got some red candles here right before going live. Currently floating at 116 7. Again, 1167 the current price action. Zooming out from the hourly. Let's take a look at a four hour, see if there's any particular targets on our radar. None in particular, but you can see see there's a massive red flower, red candle, unfortunately. Hopefully we can recover from here. If not, where do you think we'll likely crack down to do? Let me know. And again, this is the final day of the month so we will get a nice solid green monthly candle close which you'll see here shortly. We also have a daily chart right here. You can see on the daily a big red candle. We do Silver lining Rising Wedgie Bull flag Sensation target on the daily chart in the purple it's a bull flag sitting at 146 4. Again, 1464 in play on the daily chart. The question is when do we hit that particular target? Let me know in the chat. Checking out the weekly. We got three days left to go into the weekly close, but you're going to notice the 124,000 cup and handle target. Let's map out this week's amazing destinations and travel tips.
- [08:40]
Will
Honestly Will, I didn't plan any trips but I did switch to T Mobile with their new family freedom offer.
- [08:48]
JV
That's not the itinerary we're following.
- [08:50]
Will
Well, I'm departing from AT&T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [09:04]
JV
Bon voyage.
- [09:05]
T Mobile Representative
Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to 800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple, iPhone 16128 gigabyte 8 29.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due. If you pay off earlier, cancel Contact.
- [09:31]
JV
T Mobile, which has been sitting there forever. And we did inch within literally$800, a striking distance two weeks ago when we hit the current top a123.2, which is current price discovery and checking out the infamous monthly chart. Considering we get the monthly close and even with today's correction, we're going to get a nice strong monthly close for the month of July. That tells us we've had four green consecutive months. That's what is that, 120 days 30 60, 920. Do you think this momentum will likely continue August, September and for the rest of the year? Holl at your boy and do let me know. And like I said, we're about to get that monthly close probably during the live stream in approximately 90 minutes. And most likely we're going to close in the green unless we have a massive correction between now and then, which I don't see likely. But you guys let me know your thoughts and we're going to mosey on to the next topic of conversation, which is the US SEC rolls Out Project Crypto to Rewrite the rules for Digital assets. That's right, this is breaking news as well, which just came in. As you can see right here, U.S. sEC Commissioner Paul Atkins announced Crypto, or should say Project Crypto, the initiative to modernize the agency for the digital finance age and establish clear regulations for digital assets in the U. S. Something Gensler failed miserably at because, you know, there was a war on crypto and apparently he was working for the lizard folk. Just saying. Hence why we had to replace him with Anipinator temporarily. And now there's Paul Atkins, who stepped up and now Nipinator got promoted to the Fed chair. That's life for you. Atkins said. The Project Crypto is in direct response to recommendations in a recent report by President Working Group on Digital Assets. Atkins proposed easing licensing rules to allow for multiple asset classes or instruments to be offered by brokerages under a single license, while also creating a clear market structure separating commodities, which most cryptos fall under, from securities. For example, the BTC regulatory exemptions or grace period should be afforded to early stage crypto projects, ICOs and decentralized software to allow these projects enough room to innovate without crushing them under the weight of litigation or fear of reprisal by the sec. And additionally, the SEC chair said crypto business shouldn't be forced to establish decentralized autonomous organizations to avoid regulation. He also said the right to self custody must be protected by law that the key right there self custody must be protected by law. Amen. Many of the Commission's legacy rules and regulations do not make sense in the 21st century, let alone for the on chain market. The Commission must revamp the rule book so that regulatory moes do not hinder the progress of the competition from both new entrants and the incumbents to the detriment of Main street. And outfitting the SEC for internal capital markets and on chain finance has been a stage goal of the new SEC chair and a way to cement US Leadership for the crypto. Since Atkins became the head of the sec, the Commissions has shifted its posture towards the crypto industry by ending the so called regulation of enforcement. Hence the war on crypto which we all remember. In May the SEC released guidance clarification that income earned from staking on proof stake blockchains does not qualify as securities transactions because the incoming is through providing validation services. The Agency also approved in kind creations which is a big deal and redemptions for crypto ETFs back in July. This long sought feature primarily affects how large institutions can move assets in and out of the funds. The recommendation outlined in the recent White House report title Strengthening American Leadership and Digital Financial Technology, including establishing a clear market structure, intra departmental coordination between agencies, stablecoin policy countering illicit finance, banking regulations and taxation. And as per the recommendations made by the report, the SSC and the CFTC will share joint oversight of the crypto industry with the CFTC having sole authority over spot crypto markets. So there you have it. Next story of the day, a new treasury has been birthed. Headline reads Bitcoin Miner Phoenix Group launches 150 million crypto treasury for BTC and Solana now Solana I'm not a huge fan of because it was Bankman Freed's favorite coin and anything that he is a fan of. I am not a fan of including Bankman Freed himself. But I digress. Abu Dhabi based Bitcoin Miner Phoenix Group launched 150 million strategic crypto reserve, becoming the first publicly listed company out of Abu Dhabi to establish a digital asset treasury. And that's where the oil money is in the Middle east, the company said Thursday. The reserve includes 514. Excuse me, God bless myself includes 514 Bitcoin and 630.000Solana Yes I that's how I pronounce it describing it as a long term holding strategy. This makes Phoenix Group the first company listed on the ADX to establish a strategic crypto treasury, the company said in the announcement. Holding bitcoin and other strategic digital assets isn't just about exposure, it's about alignment, said the co founder. We believe in the long term value these networks represent. Our treasury strategy reflects that belief. Phoenix Group was one of the five most traded and best performing stocks on the ADX in the second quarter of this year after their share price rose by over 72% from April to June. And also increasingly more bitcoin mining companies are considering alts as part of their balance sheet. I think that's a big mistake but we shall soon see sometimes you around find out Signaling more institutional demand for cryptos beyond the bitty publicly listed bitcoin mining firm, the bit mine Immersion Tech became the largest ether treasury firm after announcing plans to acquire up to 5% of ether supply. BitM currently holds 625,000 ether which is a half a percent of the circulating eth supply. That's pretty wild. Phoenix group also reported 29 million in revenue and a total of 336 BTC mined across the global operation. So obviously it's a minor so it's stacking stats through mining. Including 214 bitcoin attributed to self mining during the second quarter of this year. This marks a 51 decline from the first quarter. Still, the miner reported a 219 surge in self mining bitcoin revenue over the two years from 13 mil in the first half of 2023 to 41 mil in the first half of this year with a 31 gross profitability margin on self mining and a 4, 14% reduction in energy cost. That's a dub. Also, Phoenix Group reported 16 million worth of debt and a non cash loss of 29 million due to revaluations in zero asset portfolios and a one time depreciation adjustment under revised accounting standards. Phoenix said it expects a partial recovery in asset valuation in the third quarter driven by rising prices of key holdings such as Lanner. And there you have it. You know, I mean there's the latest. These treasury firms are being birthed left and right literally every single week. We make a new announcement. It's pretty wild. Next story of the day regarding Bolivia. This headline caught my attention. Pretty big deal here. So let's read this one. And again, welcome everyone. Join the live it says Bolivia calls crypto reliable alternative to Fiat in an El Salvador partnership. Let's go. That's right, Bolivia's top bank called crypto a viable and reliable alternative to the fiat currency, while signing a memorandum of understanding. What else out or to accelerate the crypto adoption. Sounds like they want to follow in the footsteps of Bukele in the blueprint for Bitcoin country Send it the agreement will see the two countries collaborate on policy development and share crypto intelligence tools. Aims to modernize Bolivia's financial system and improve financial inclusion for families and small entrepreneurs, the Central bank of Bolivia said in a letter on Wednesday. Bolivia's partnership with El Salvador is notable as El Salvador was let's map out this week's amazing destinations and travel tips.
- [17:31]
Will
Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [17:39]
JV
That's not the itinerary we're following.
- [17:42]
Will
Well, I'm departing from ATT and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [17:55]
JV
Bon voyage.
- [17:57]
T Mobile Representative
Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $829.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile.
- [18:23]
JV
It is Bitcoin country, the first country to make Bitcoin legal tender and could provide valuable insights into potential economic or regulatory challenges that Bolivia may face. The argument or agreement I should say signed by Central bank of Bolivia, Acting President Edwin of the National Commission of Digital Assets of El Salvador and President Juan Carlos Garcia. Shout out JC there. He actually was very kind to me and showed me a great time when I visited JC Reyes right here on the right. He's the one who gifted me the Bukele shirt as well as the Bitcoin polo as well as a gift for my daughter. Took me out for papusas dessert, showed me the local town. So I have a lot of love and respect for Juan Carlos Reyes. So if you're watching jc, mad respect brother. Doing big things out there, can't wait to visit you again in January. It adds significant momentum to Bolivia's pro crypto pivot, which began in June of 20244 when Bolivia lifted its long standing crypto ban and allowed banks to process bitcoin and stablecoin transactions. Three months after lifting the crypto ban, Bolivia Central bank reported crypto trading volume reaching almost 47 million averaging 15.6 million per month doubling the monthly average of the previous 18 months. This momentum carried into 2025 with total crypto volume reaching 294 million as of June 30th. The central bank of Bolivia said in the letter this March, Bolivian state owned oil and gas firm. I'm not even going to pretend I know how to pronounce that, but let's just say the the gas firm received government approval to start accepting crypto for fuel imports as a solution to the country's deepening U S shortages of the dollar and import challenges. Meanwhile, Bolivia's foreign exchange reserves have fallen a staggering 98 from 12.7 billion in July of 2014 to 165 million. This is April according to the trading economics data. Some Bolivian shops have begun pricing basic items in the tether USDT stablecoin signaling increasing shift towards the navigate the currency crisis. As the USDT tether CEO shares here in Bolivia, the real prices in the shops are displayed in usdt. How crazy is that? And versus USD a quietly revolutionary shift. Digital dollars are powering daily life, commerce and economic stability. Well, there you go. Bolivia's future will be decided in October. The agreement comes ahead of Bolivia's high stakes general election which is August 17th. Coming up where many hope to see the end of the current socialist regime which has been in power since 05. If no candidate secures over 50 of the vote or at least 40 with a 10 point lead over the second place contender, a runoff will be held October 19th. The crypto predictions platform Poly Market gives a 5% odds that a candidate will outright win in Bolivia's first round election. And if you don't know, ask your mama. But anyways, let's dive into our next story of the day. Here's the latest from the high priest. Headline reads I hate to jump the gun there. Right here Bitcoin destroying central banks according to Max Kaiser. In fact he shared this tweet just the other day. The 300 year old experiment in central banking is over. It failed thanks to bitcoin. And that was off the back of Alex Jones's headline breaking video European Central bank head I guess Christine Lagarde admits that without CBDC central bankers will lose complete command and control of the economy. Quoting it here. If we are not involved in experimenting innovating in terms of digital Central bank money, we risk losing the role of anchor that we have played for many many decades. Top Economist Reveals why Central Banks Don't Want Free Banking so again, just to give you some conte context, but let's dive a little deeper into this particular article published around Max Geyser. In a recent tweet, Max, former financial journalist and currently the Bitcoin advisor to El Salvador's President Nig Buell, took a jab at central banks mentioning Bitcoin as something that is destroying them gradually. And one of my favorite Max Kaiser quotes of all time Money existed before the state. Bitcoin separates money from state. Bitcoin kills the state. Can I get an Amen? Kaiser commented on the recent speech made by the President of the European Central Bank Christine Lagad, in which he explained why there is growing demand for the CBDCs which we all know is Satan's spawn central bank digital currencies. In the video Christine Lagat talked about significant decline in the use of cash in the European Union and the 50 rise in demand for digital payments. She stated that unless the ECB starts experimenting with the central bank digital money CBDC's it'll lose the role as anchor that it has been performing for commercial banks and private money for many decades. Max commented on that saying that the 300 year old dominance of the central banks is crashing thanks to Bitcoin since CBDCs were inspired by it. And he makes a great point. Shout out Max. Also as reported, Max made an important statement about the EU fiat currency, the Euro and about stable coins having a disruptive effect on traditional financial financial system. Recently in particular Max tweeted he expects the Euro to go to zero along with all fiat currencies against Bitcoin. He in fact described it as a black hole and he's the first one to use that analogy which actually shared yesterday on X. Now currently Bitcoin is changing hands at roughly 117,000 at the time of the live stream. Also big news coming up, this Federal Reserve move has again seen sparked heavy criticism by US President Trump. And of course there's some controversy going on with J Pal, the current Fed Chairman which about to get replaced 100% by the Nipinator. Now for our feature story of the day. Donald Trump to get on with the Bitcoin reserve in short order according to the White House Digital Asset Chief Bo Hines who works directly alongside the Trumpster at the White House. So let's break this baby down. We've all been anticipating this for a long time U S President, the Trumpsters crypto liaison has confirmed that the administration is still keen on the strategic bitcoin reserve despite only briefly being mentioned in a recently published crypto policy report, quoting Bo Hines directly right here we do believe in accumulation, said Robert Bo Hines, the executive director of the U S Presidential Council of Crypto Advisors and Digital Assets, said in a new interview on Crypto in America on Wednesday when asked about the US Strategic Bitcoin reserve. He says we have it, it's been established and we also have the Strategic National Digital Asset stockpile, he said, adding bitcoin is in a class of its own and everyone recognizes that. Can I get an amen? He also said the administration wants to give credence to the work and development happening across other ecosystems, but did not mention any other digital assets or platforms. Heinz said that building the infrastructure takes time and labor to ensure it's done the right way and has long term success and there are countless ways that we can accumulate that's right, net neutral ways. There's no right or wrong way. Just get her done. Come on Trumpster, the world's awaiting. I think that people will be very pleased, he says, with the direction that we are going and we'll start moving on that in short order. So yeah, I mean to decipher that, I think he's saying very soon they're going to start making some purchases or somehow stockpiling bitcoin for the Bitcoin Strategic Reserve of the United States. Trump already front ran the U S personally with his own treasury recently buying over 2 billion which was announced as we shared last week. So game on. Trump is no idiot. He's looking to get rich too. The President's Working Group on Digital Asset Markets released recommendations to strengthen the American leadership and digital financial tech on Wednesday with only a short mention of the strategic Bitcoin reserve. I know, give it more credence please. Heinz said that the priorities and focus as outlined in the report were to create a clear, robust regulatory framework, quoting the man again, we have under let's map out this week's amazing destinations and travel tips.
- [26:27]
Will
Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [26:35]
JV
That's not the itinerary we're following.
- [26:37]
Will
Well, I'm departing from AT and T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [26:50]
JV
Bon voyage.
- [26:52]
T Mobile Representative
Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to 800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 82999 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier cancel contact T Mobile Stan the.
- [27:19]
JV
Importance of the Strategic Bitcoin Reserve and we are enormous fans fans of bitcoin and the Bitcoin community and especially Fed Chair Nip. We want to deliver for them as well and I am certain that we will. Well we're going to hold you to it brother. And when asked how much bitcoin the federal government has, here's what he said. I can't discuss that right now. Such there are several reasons we're not disclosing that right now. There might be a time when we do, but I will say we want as much as we can possibly. Is it because they have a lot less than we than we're anticipating? Probably. And on my Speculation there, the US government holds an estimated 198000 worth around 2.3 billion. But there were a lot of reports that they may only have 29 000. It's all speculation at this point because there's no verification of it. All I'm saying is let's audit the US Government's Bitcoin reserve and it's about time we audit the Mount Gox gold reserve. It hasn't been audited in close to 50 freaking years. Is the gold even sitting there at Fort Knox? I'm skeptical. Let me know your thoughts and let me know regarding President Trump signing the executive order officially establishing the strategic Bitcoin reserve which was all the way back in March. Do you think they'll start adding some bitcoin or what do you think is going to happen? Or how do you think that is likely to play out? Let me know your thoughts and I'll read your comments out loud. Do you think Trump will make a big decisive move? Maybe we end up with a million bitcoin for the US and we get the first movers advantage over the likes of President Xi and China, President Putin in Russia or these Middle Eastern countries like you know which are already establishing bitcoin such as there's a sovereign wealth fund in Abu Dhabi already in the Middle east for the UAE and they already have like a half a billion dollars at least on paper. Probably a lot more. They haven't disclosed yet. And as the global hash war continues, nations, states and the likes, everyone's racing. We also have the Treasuries. Michael Saylor just announced another four and a half billion dollar raise. You have 21, you have Pompliano's new one, you have Trump's bitcoin advisor, David Bailey's bitcoin treasury. And these are not small potatoes. I mean these are juggernauts backed by billionaires like Cantor Fitzgerald and the like. So you guys let me know your thought game theory in full effect and absolutely I do genuinely believe 1 million is inevitable. My personal target for this cycle bear scenario 222 which is 222,000 base case 420 for the Brosis. Yes I am based and 1.1 million bull scenario potential extended cycle could very well happen as the institutions entered the arms race for you know, stacking sats has has completely changed the game. We have unprecedented levels of accumulation and also the lowest amount of bitcoin available on the of the exchanges in the past eight years which we did touch upon in yesterday's podcast. Chemo says listen up pirates. There's a process created by the market and central banks called hypothecation. They take your dollars and lend it to others at a rate more than they pay you. Sounds like fractional reserve banking. You go to the bank, you give them 100 bucks, they then lend your money at a factor of like 10x. They lend a thousand and the money doesn't even exist to pay everyone back. This is a part of the Ponzi scheme we know as the US dollar, hence why. Yeah, I mean the death of the dollar incoming as prophesied by the likes of Max Kaiser and other financial ogs you already know. Cafe Grande ice cream, Yummo yummo spread with the fam. And Nipinator is a big fan of the ice cream. So please hook the the chairman up. Don't leave them hanging out here and welcome fam. This is a Q A segment. Another divine omen. We have 777 live viewers on X right now and of course we're still streaming live on Rumble. This is a Q A segment, so your opportunity get comments read out loud or you want to ask me something, feel free to do so and I'm going to stick around. What do we call them folks that like to treat Fiat as a store Valley. There's a name for them. But like most of the people who are buying assets at some point want to sell the assets at a profit. People, people people people that use fiat fiat fiat currency as a store of store of store of value. We call them poor. We call them poor. People that use fiat currency, we call them core. And don't forget to check out bitcoin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode, Hoddle.