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2066: CATHIE WOOD TARGETS $3.8M BITCOIN - Hyperbitcoinization Now Inevitable
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ARK Invest’s Cathie Wood doubles down on her Bitcoin supercycle thesis, projecting a long-term BTC price of $3.8 million per coin. As institutions pile in, ETFs hit record inflows, and Strategy’s $4.2B raise signals extreme accumulation, a...
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Summer fun goes great with 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 8 2,999 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.
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Happy sat stacking Saturday welco one to no.1 daily bitcoin pod in today's show bitcoin mining difficulty hits a new all time high and as you know price follows the hash. We'll also be discussing strategy expands STRC offering twice in two weeks and he up stack them sets. Also we'll be discussing an interesting story how a police officer stole 50 BTC from a seized crypto wallet and got caught. We'll also be discussing US Crypto exchange Traded funds beat out Vanguard's legendary S&P 500 ETF death and record setting month worth of inflows. That's right, unprecedented. We'll also be discussing the latest from the High Priest of Bitcoin, Max Kaiser. He says El Salvador has become the Singapore of Central America. El Salvador's Bitcoin country, Not a democracy, it's a startup nation. As I told The New Yorker three years ago, Bukele is a cross between JFK and Steve Jobs. The next 20 years will see El Salvador become the Singapore of Central America. Also Breaking Story Kathy Wood says Bitcoin can skyrocket to 3.8 million per coin by 2030 thanks to the institutional green light. I'll be breaking it 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. If you are new to the rumble, important to smash the likes and give us a follow and go ahead and repost the stream on X. We're streaming from the Beat BTC News Alerts account. It's a dual stream two hour show and then when the show is over with the live stream with video then we will edit it and syndicate it across all of podcasting platforms. You know itunes, Spotify, etc. If you're listening over there, I encourage you for tomorrow's show. Come join us on the live stream. Participate in the live Q a today is pod episode number 2066. I'm your host JV. It's August 2nd, 2025. Market continues to correct. We're currently sitting above 112,200 at the time of the live stream. Let's kick it off with our market watch as we do each and every day. Pulling up coin360 right here you can see Bitcoin down 7% on the day maintaining 112XRP down 6% all the way back down to $2.79. Ether uh trading back to 3400. And as you can see a massive correction across the board. Wuang Swart style. I'll let you see if your Wuang Sword style can defeat me. BTC Satoshi just saying and checking out coinmarketcap.com current crypto market cap. Get a little refresh here for the latest and this is live it in the flesh. FYI market cap today for crypto is 3.62 trillion. The all time high is 4 trillion. So we have dropped some the Bitcoin market cap today 2.234 trillion 144 billion worth of volume past 24 hours. Bitcoin dominance back on the rise. Summarize surprise 61.7% today Ether dominance 11.3% checking out top 100 crypto gainers past 24 hours. Happy four hundred and twenty for the Broskis. Can't forget about the baddies for holding it down. Top gainers meme core up 17% followed by pump fun up 2%. Very modest gains across the board. Virtually everything correcting and in the red and checking out the crypto bubbles. I'll get a little visual perspective on the day. Safe to say Reck City across the board for the alts. No altcoin is safe. Zooming out for the weekly any better? No, it actually gets worse. Some of these alts down 20 plus percent on the week and checking out for the monthly. That's where things flip around. The majority of the market for the past 30 days as far as alts are concerned are in the green. And zooming out for the annual perspective it's pretty much a divided back. I dare say maybe 6040 red over green as there's definitely more red over green but there are some significant green gainers as you can see. And checking out the Crypto Greed and Fear index we're all the way back down to a 55 today in greed. We were up like 74 just the other day. Fast approaching extreme greed. But then we went back down yesterday. 65 last week of 72 and last month of 73. Checking out the infamous time chain calendar. We have 147723 blocks into the having of 2028 and as of today we're on block height number 908277 and you could exchange one fiat dollar for 891 sats. So you know precisely what to do. You pick up the SATs, put down the gats and pick up some bitcoin chaps. But anyways, let's continue with our TA AKA Astrology for the broskis you already know. Headline Bitcoin amount of difficult hits at all time high. But it's projected to drop in August and then I'll pull up the live charts for you guys. I know you guys like the live charts. Data from Crypto Quan showed mining difficulty fell in June with a sharp drop off at the end of the month in the first two weeks of July when the difficulty fell to a 116.9 trillion. However difficulty level resume the long term uptrend in the latter half of July. Bitcoin mining difficulty and the network's hash rate as the total computing power committed to securing the network is central to minor profitability and maintaining the Bitcoin high stock to flow ratio which protects the Bitcoin price from over production. I mean look at that chart. I call that the staircase to heaven. That's the bitcoin mining difficulty you can see continuously over the years. New all time high. New all time high New all time high New all time high. So definitely a good sign. Stock to flow ratio measures the total available supply of a financial asset or commodity against the newly created supply added by the miners or commodity producers. The higher the ratio, the more resilient the asset or commodity as to the price changes caused by the overproduction. The lower the ratio, the more the asset or the commodity will be impacted by the new supply. This ratio is partially why silver was demonetized by gold. Silver has a lower stock to flow ratio than gold. Rising silver prices attract miners and producers to create more supply which then floods the market with new silver and depresses the prices. Bitcoin has a higher stock to flow ratio than gold. Take that Peter shift for brains. With about 94% of Bitcoin's 21 million supply already mined and circulating in the markets. Also, gold in comparison has no hard supply cap and an inflation rate of about 2% per year. The big difference is they can always spend more resources into discovering more gold. Whereas Bitcoin has true scarcity, there can Never be more than 21 million coins and experts predict 5,6 million loss gone forever, making it that much more scarce. Can't say the same for gold. Obviously they can control the market precisely what they've been doing for decades. Gold scarcity, the stock to flow ratio which is about 60 bitcoin scarcity is 120 doubled up. Bitcoin 2x scarcer than gold and in real life it's like, you know, a million times more scarce because like I said, it's all artificial scarcity. With precious metals they absolutely control the markets. The difficulty adjustment makes Bitcoin's price inelastic to the production, which is kept proportional to the total computational power deployed by the miners. Adjusting difficulty prevents overproduction and subsequent price collapses due to the new supply being dumped onto the market and large quantities over a short period of time. And as more computing or computational power is deployed, it makes the network of Bitcoin that much more secure. The difficulty rises to match the new computing resources, keeping block production as close to the protocol's 10 minute target as possible. As you know, tik tok next block every 10 minutes on average. Conversely, if computational power drops, the network difficulty then adjusts down to ensure the new blocks are mined at a steady pace of about 10 minutes. Absolutely genius. All hail Satosh. And with that being shared. Yeah, I mean that's the latest.
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Let's analyze this week's tech innovations and startup moves. Honestly, Elena, I didn't track the updates, but I did switch to T Mobile with their new Family Freedom offer. That's not the disruption we're covering. Well, I'm pivoting from AT&T and scaling up with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house unicorn status. 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 802999 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.
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What's going on there? And again, Bitcoin price tends to follow some of these metrics we share here, which is definitely a good sign for the network and for the long term term Price trajectory. But with all that being shared, let's actually pull up the actual charts and I'll do some live chart action. Jackson Satisfaction, Bo Jackson, Tony Braxton for the Baddies. As you can see, this is a one hour chart. No particular target on your screen, but this is live and in the flesh via Trading View via Coinbase. We use this because it's the largest exchange in the states and I know half of you guys or more are in the United States, you know, just as I am. I'm just living in a territory which is considered a Commonwealth of the United States here in Puerto Rico alongside the Fed Chair, a Nipinator. But you can see we did hit about 112this morning. We did bounce back with the current green candle and play, but we'll see. We could correct lower over this weekend. There's really no telling what a constipated Janet Yellen banana, you feel me? But checking out the four hour no particular target here but you can see we have been grinding downward since yesterday. So we'll see how it fares out. Not a good start for the month of August, but we did obviously close the month of July with the strongest or highest monthly close in bitcoin history, which you'll see here shortly. Zooming it out a step further, taking a look at a daily. Hopefully there's a bull target here. Yeah, as you can see, rising wedgie, the only wedgie approved by the Fed chairman. And then you have the purple target bull flag on your screen of 146 on the daily chart. Pretty bullish. But you can see the past three days have been corrective. So we'll see the all time high is currently 123 which was achieved roughly two weeks ago. And like I said, we're approximately at just a God candle below the top currently. And zooming out a step further, taking a look at a weekly, we'll also have the 124 cup and handle target which has been in play forever, which we came very close to a couple of weeks ago ago within $800. Striking distance. No other targets here on the weekly at the moment. And taking a quick glance at the monthly, you'll be able to see here the month of July had that last green printed candle. In fact it was the last 120 days in a row. Four months of consecutive green candles and we just kicked off August thus far printing a red. But we're just getting started. Let me know if you think the bullish momentum will resume in the month of August. Or do you think we get a corrective month altog you guys let me know your thoughts. Next headline is strategy expands STRC offering twice in two weeks. And as you know, we've been covering Sailor quite a lot. He just recently, you know, purchased two and a half billion Bitcoin 21,000 BTC buy and he just announced raising another 4.3 or 4.4 billion which we covered yesterday's pod. Also he just had his earnings call reporting over 10 billion in earnings just in the second quarter of this year. And of course his goal, which he shared openly on CNBC on live TV is to acquire 1.5 million of all the bitcoin in existence which is roughly 7% of the entire supply. But today's headline reads strategy expands STRC offering twice in two weeks. Slow down Mr. Gigachad, slow down. Bitcoin treasury company strategy expanded the scope of in its STRC offering twice since issuing corporate security. July 22 the company announced an at the market offering of up to 4.2 billion which we covered in great detail yesterday. If you missed it, be sure to check it out. That's for their preferred stock offering over at strc, a hybrid corporate security to purchase more bitcoin on Thursday. STRC is a dividend paying security with variable yields that has no set maturity date and can be called or redeemed by the company under specific conditions making the terms of repayment flexible. According to the announcement, the company launched STRC in July, pegging each share to the corporate security to 100 bucks which was initially seeking only a half a billion capital raise. So again under promise over deliver, Mr. Michael Saylor strategy expanded the scope to raise 2 billion. Two days after launching STRC to select investors. This man wastes no time. Talk about collapsing time frames. Michael Saylor look that up. Michael Saylor's picture comes up. But anyways he now just again purchased 21 000, made the announcement which we covered within a week ago and it's debt and equity fuel. Bitcoin buying continue to divide the crypto and investment community. Some analysts have argued strategy and other bitcoin treasury plays are bubbles just waiting to burst. What are your thoughts on some of that? Multiple law firms have filed litigation against the company. Good luck to them. They're going to need it. I mean that's nothing new. The bigger you become, the more of a target you are because of how powerful you are as a company and also the wealth of the company. And I think Sailor's always going to have lawsuits but his lawyers will take care of that, I don't think it's going to be a problem. I think he does everything on the up and up. He's smart enough, he's been around for a very long time and he's no doofus, you know, I mean he's a genius. He's an og Original genius. Plaintiffs are alleging the profitability was overstated and the risks were understated. Understated. So it's like as if people don't understand it's a bitcoin play. I mean it couldn't be more clear from Sailor. That's why I don't think these allegations or lawsuits are going to go anywhere. But I mean, I think it's a shakedown. Clearly many of the lawsuits feature similar claims, namely Strategies use of alternative financial metrics was deceptive, allowing the company to disguise financial losses that would be apparent in different account if different accounting methods were used. Also just for the record, the largest shareholders of Micro Strategy, now known as Strategy, is Vanguard and Black Rock, the two largest asset management giants in the world. Black Rock has like 11 or 12 trillion in assets under management. And last I looked up Vanguard, it was reported somewhere between 8 and 10 trillion. So just collectively those two companies control $20 trillion in assets under management. They're the primary shareholders of Sailor's company, just FYI. But anyways, the company introduced several new key performance indicators, namely the bitcoin yield, the bitcoin gain and the bitcoin dollar gain to measure the financial results as outlined here. Strategies co founder Sailor push back against criticism of the company's business model, arguing strategy is a misunderstood enterprise. Quoting him here we are capitalized on the most innovative tech and asset in the history of mankind, the btc. On the other hand, we're possibly the most misunderstood and undervalued stock in the US I agree with that. Because they have outperformed every single stock in the S P500. Ironic they've been kept out of the S P500 but just goes to show you how controlled this truly is. But my understanding he's soon about to be listed there. But what are your thoughts on that? And let me know if you guys have any exposure to strategy or STRC or any of the leveraged bitcoin plays on Wall Street. Holl at your boy. This headline caught my interest. I didn't even read the story yet. This is all going to be new to me, but allegedly there was a copper on the take. The headline, how a police officer stole 50 bitties from a seized crypto wallet, then got Caught. Damn. Yeah, check it out. The Theft occurred in 2017 when Bitcoin was 60,000 British pounds which was 79,000 USD by the time this officer was caught. It looks like the name is Chows. Bitcoin's value surged over £4.4 million, which close to 6 million. And I should use the word crypto. I think it's a mix of crypto and bitcoin. I'm not 100 sure but it says the 42 year old officer from Bristol used the dark web and crypto mixing services to split the stolen bitcoin. Nope. Confirmed it is bitcoin into smaller amounts, transferring them through crypto exchanges and prepaid cards to conceal the source. So he did attempt to use mixers to cover up the trail of I guess what you would call money laundering. So they can't trace where it came from. Initially, investigators suspected white let's analyze this.
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Week'S tech innovations and startup moves. Honestly Elena, I didn't track the updates but I did switch to T Mobile with their new Family Freedom offer. That's not the disruption we're covering. Well, I'm pivoting from AT&T and scaling up with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house unicorn status 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.
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Mobile had somehow regained access to his funds while in custody. But detailed blockchain analysis revealed Chowels as the culprit his arrest conviction so it's almost like they thought it was was the individual that got arrested but they found out it was the cop who was doing it. That's crazy. His arrest conviction and five and a half year sentence demonstrate the blockchain's traceability can expose even insiders proving no one is above the law. That's right. Now also here's a little background the successor site dismantled we're talking about silk road in 2014 through a collaborative effort between UK authorities and the FBI. During the investigation authorities confiscated 97 Bitcoin for from White these funds were located in a retirement wallet and designated for seizure as part of his sentence. Then we have the cop. Paul Chows, a 42 year old police officer from Bristol, serve as the lead crypto analyst for the NCAA and was responsibly responsible for attracting and managing his crypto child's expertise. You can't trust nobody was vital in tracing, securing and documenting the digital assets for law enforcement. His role in the investigation gave him access to the opportunity to commit One of the NCAA's most significant internal thefts. Can't trust nobody yo. So how do you commit crypto theft? As the lead crypto analyst in the Thomas White investigation, Showers, I guess. This police officer uses privilege access to secretly transfer 50 BTC worth approximately 60,000pounds from White Seas retirement wallet. And then to hide the source of the stolen funds, he split Bitcoin into smaller amounts and funneled them through Bitcoin Fog, a crypto mixing service designed to obscure transaction trails. Initially, investigators suspected White, a skilled hacker, might have accessed his confiscated assets from prison. And for years the theft remained unsolved. But then by late 2021, the NCAA considered the 50 bitcoin untraceable. Chow's carefully planned deception appeared successful until blockchain analysis later revealed his fraud and brought his actions to light. Well that's the thing. Everything can be traced on the blockchain. After stealing the funds from White C's wallet, Chowels quietly worked to convert the crypto into cash. And hence why he got caught. As Bitcoin's value surged between August of 2021 and May of 2022, he began exchanging portions of the funds using crypto friendly platforms like Crypto Pay and Wirex. These services enabled him to convert Bitcoin into British pounds which he excessed through linked debit cards. And during the period he carried out 279 transactions. Could you be any more suspicious, you idiot. But I mean I'm not going to go into any more further details but obviously you do the crime, you got to pay the time. And that's how people often get caught. It's their spending habits. You create a red flag. I mean all of a sudden you probably on paper have no Bitcoin and all of a sudden you have 300 transactions cashing out crypto that creates obviously a big red red flag and got investigated. They traced them back to the crime and there you have it, yo. A US crypto exchange. Traded funds beat out Vanguard's legendary S P 500 ETF in a record setting month worth of the inflows. That's right. New data from Bloomberg senior analyst Mr. Eric Balchunas reveals the US crypto ETPs or ETFs beat out Vanguard's renowned S&P 500 in July. That's right, Baltuna's notes the U S crypto ETFs had a staggering 12 and 12.8 billion worth of inflows in July, outpacing all other ETFs including Voo, which currently has 713 billion in assets under management. Quoting Mr. Balchunas, US crypto ETFs took in 12.8 billion in July, the best month ever and a 600 million a day pace. And a that's about double the average. And as a group, that's more than any single ETF has ever did, including the mighty VOO low. Further, every ETF in the category took in cash, with Bitcoin and ether making equal contributions, most all around dominant performance since the Eagles ended the Chiefs in the Super Bowl. For my NFL fans out there, I don't catch the reference. I haven't watched football since Jerry Rice and Joe Montana were on the same team, but that's just me. Anyways, the the analyst goes on to say that the asset management titan Black Rocks ishares Bitcoin Trust ibit is doing quite well drawing in the new customers. Quoting them here. Amazing stat. 75 of the investors who bought IBIT were first time customers of BlackRock and 27 of them went on to buy another iShares ETF. Just a total coup for BLK all around. And that's the Black Rock Yo Mr. Larry Fink, go home, get your shine box Broski and According to Baltunas, IBIT, which launched January 11, 2024 had a significant hand in Bitcoin's massive price growth. Well naturally it's the largest ETF and they now have over 700000 Bitcoin. Micro strategy, now known as strategy has over 600 000. So they outpace Michael Saylor and what took Michael Saylor five years to achieve being the first public trade company to put the biddy on the balance sheet for Wall street. Back in 2020, BlackRock achieved in a year and a half and outpaced the system. That's insanity. Collectively, BlackRock and Sailors Company have close to 1.4 million BTC. That's roughly 7% of the entire supply. It's crazy right? But anyways, he points out here, number one ETFs hold Bitcoin at a one to one ratio. There's no lending, there is no paper IOUs. ETFs are clean and above board and every dime of asset under management is connected to the proportional bits coin. And number two, zoom the out. Bitcoin is up nearly 300 since the infamous BlackRock filing two years ago. Less than two years ago is exactly January 2024. Feels like yesterday. And number three from what I am hearing on here, the selling is annoyed. Oh geez. Who don't like the Wall street and the government has adopted the Biddy. I guess they prefer bitcoin to have intermediaries like Sam Bankman freed instead. Meanwhile Bankman freeze living his best life in a prison cell. He was with Diddy but I think he got moved to a different prison. Ironic enough, but there you have it. Yeah, let me know your thoughts on some of the ETPs Mr. Larry Fink and the institutional FOMO. Like a MoFO, but anyways, yeah, here's our next story of the day fam Max Kaiser in the headline here, Max Kaiser says El Salvador becomes the Singapore of Central America. So let's break this baby down. Let's all start with this tweet in which he shared the other day that got picked up by that article Source El Salvador is bitcoin country, not a democracy, says Max. It is a startup nation. And as I told the New Yorker three years ago, Bukele is a cross between JFK and Steve Jobs. Very powerful quote right there. The next 20 years we'll see El Salvador become the Singapore of Central America. And in the big news, as we discussed in yesterday's podcast, they just changed the re election term to where someone can run more than two times for President. Which means Bukele will be running again. And Instead of in 2029, the re election has been moved two years up to 2027. And if Bukele wins, the legacy continues. Bitcoin country continues on track. And guess what? This is a very big deal because obviously all the new policies we don't want reversed from opposition and such. And obviously he's the most popular president by the people with an approval rating of over 90% which is unheard of of anywhere else around the world. So the election is going to be in 2027 and re election is going to be six years from there. So the term just increase from five years to six years. And this is all breaking news from El Salvador. So let's dive a little deeper. Max Kaiser, the high priest of the BTC and senior advisor to President Buchelle, envisions a transformative future for Bitcoin country, of course, El Salvador, suggesting the Central American nation is poised to evolve into a startup nation. Drawing parallels between President Bukele and figures such as jfk Rest in peace Steve Jobs Rest in peace. Kaiser predicts that over the next 20 years, two decades, El Salvador will transition into the Singapore of Central America and they're well on their way, reflecting the country's strategic embrace of Bitcoin as well as AI and technology. This statement follows El Salvador's notable decision to adopt Bitcoin as a legal tender. Back in 2021. They had the first movers advantage. Let's map out this week's amazing destinations and travel tips. Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer. That's not the itinerary we're following. 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. Bon voyage.
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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 it all.
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Started with Bucchelle signaling the commitment to integrating digital currencies Bitcoin in into the economy. And here's a great photo of Max and Stacy alongside President Buchelle. And if it wasn't for Max and Stacy, there would be no Bitcoin country. And if it wasn't for Bukele, there'd be no Bitcoin country. So these three get all the credit. And Sergio, we need some 2027 caps now because all of mine say 2029 now. Kaiser's optimistic outlook for El Salvador's future aligns with his earlier warning regarding the broader implications of the Bitcoin trajectory, notably the potential for national security intervention should bitcoin approach the critical 400000 threshold in which Max Kaiser did share, in which we covered approximately a week or two in the podcast, he firmly believes by the time Bitcoin's trading at 400,000usd per coin the US government will step in and say, you know, bitcoin. Something along the lines Bitcoin's a national security threat. Therefore we have to seize all the non self custody bitcoin in which they'd go after all the Wall street wrapped bitcoin. You know, I mean the micro strategy, slash Strategy Bitcoin, the BlackRock ETF Bitcoin and everything in wrappers. Because Bitcoin ETF BTC is not the same as self custody bitcoin. One of them can be taken away effortlessly and because you don't hold the private keys and the other one is unconfiscatable and unf wittable. So we would encourage you guys to properly self custody your bitcoin and to not trust the government. Because one thing I think we'll all agree with Bitcoin will hit 400000 and the US government may introduce the Bitcoin Seizure act. Very similar to 1933 with the goal Seizure act where they confiscated all the gold. Gold because they recognize it as true wealth. And then they gave you guys paper IOUs we know today as US dollars. Will they do the same shenanigans? Will history repeat or rhyme? But this time with the btc. You guys let me know your thoughts. Max also shared a prediction that when Bitcoin hits 300000 per coin, he believes the US dollar will have effectively collapsed. And he said at 200000 per coin, 500 million Bitcoiners will declare their in the individual sovereignty. So let me know some of your thoughts. And he's also calling for 2.2 million in play. And that's the trajectory for the Bitcoin with 220000 in play for this year. Hyper bitcoinization. Send it. All right fam now for our feature story of the day. Ark investors Kathy Wood says bitcoin can skyrocket to 3.88 million per coin by 2030 in her bull scenario thanks to the institutional FOMO like a movo. In fact there was actually many articles published on this topic when she upped her personal prediction from Ark Invest. So I'm going to read you some more of the headlines here. Then we'll dive deeper why Kathy Wood sees bitcoin price soaring. The 3.8 million. Cathie Wood raises her Bitcoin prediction by 2.03 million. And then we do some math. What if you only invested a thousand dollars? What would it be worth by the year 2030 which is literally five years out. Another having from now and Then as you can see, a young Kathy Wood. How much wood would a woodchuck chuck if a woodchuck could chuck wood and her name was Kathy Wood and the wood was btc. And if you didn't know, she isn't what I would consider a Bitcoin OG. She started getting into Bitcoin when it was 500 exactly a dec decade ago. So that would take it back to 2015, approximately three years after the 2012 first having her price target right now 3.8 million. That is the bull scenario though. And let's take it a step deeper here. Kathy Wood raises the bitcoin prediction. According to Cathie Wood, we can go as high as 3.8 million a coin. And that's if institutional investors were to begin investing heavily. And while the inevitable analysis is likely correct, some say it's unlikely the institutions put as much as 5% in their portfolio. However, guess what? I saw a research report, I've covered it numerous times on the podcast and blackrock suggested something like I'm trying to pull the number out of the ether right now. It was something like 49 and a half percent of your portfolio. Correct me if I'm wrong, but it was very high numbers which blow away the 5%. But I can see the larger the firm, I mean it only takes a small percentage to have, you know, a high percentage of funds. Like think of a black rock if they put 5% of their funds into bitcoin, what that would do considering there's like 10, 11 trillion in assets under management. But yeah, and what if they actually followed their own research report and put 40 plus percent of you know, bitcoin in their portfolio would be a game changer because all the other institutions would do the same thing. They wouldn't allow BlackRock to just have all the bitcoin. Yeah, I mean and check this out. Ark Invest 2030 Bitcoin Price Predictions the bull case 2.4 million base case 1.2 bear case 500, 000 this was before the official update after Trump made the Bitcoin executive order for the United States earlier in the year and all that. But it gives you an idea based upon applied to the active supply. You can see the 2030 bear scenario, $500,000 you can see the 1.2 base case and again this is by the year 2030. So the top of the decade, five more years and then you can see the 2.4 million. But that's all based on very small amount of the institutional adoption. And clearly the bigger the institutional adoption, the higher the price projections. Let's dive a little deeper. As per this article which was written Ark Invest CEO Kathy Wood, known for making outlandish predictions about crypto. The predictions which would result in small amounts of money appreciating into millions of dollars, are unlikely to come true, but they are still interesting to consider. Thank you for the financial warning, Yahoo. As a if we're but anyways, Wood spoke at an early Investor Day in New York back in March noting bitcoin could reach 3.8 million according to that speech that she gave. Quoting her here last year we put out our bull case for the btc. It was one and a half million. But with this institutional green light that the SEC has provided, kicking and screaming though it did, the analysis we have done is that if institutional investors would allocate a little more than just 5% of their portfolio into Bitcoin, as we think they will over time, that alone would add 2.3 million to the projection I previously gave you. So according to Wood, Bitcoin can go as high as 3.8 million per coin if the institutional investors would have began heavily investing and surpassing that 5%. And while the analysis is likely correct, they still are warning us that the institutions will not put 5% of their portfolio into Bitcoin within six years. But you tell me if there was true hyperinflation of the US Dollar and institutional FOMO and nation state adoption at the level we're already witnessing it as the, you know, United States already assigned the executive order with the Trumpster to use net neutral ways to gather Bitcoin. Cynthia Lummis, you know, wanting at least a million for the US can very well surpass just 5%. I think that's a very humble expectation and that number is only going to go up over time. But I guess time will tell ultimately, so we shall soon see. But let me know your thoughts. I mean, 3.8 million by 2030, I think that's, that's a damn good projection. It could be anywhere in my humble opinion, maybe from a million to 5 million. So I'd say right in the money. Kathy Wood for the win. But you guys let me know your thoughts and I'll entertain your comments and read them out loud. And welcome everyone to the Q and A segment of the live stream. 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.