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2131: “The 300-Year Fiat Experiment Is Over: Bitcoin Heading to $2.2M” - Max Keiser
00:32:19
Max Keiser declares the fiat era officially finished as Bitcoin’s global takeover accelerates. From Wall Street FOMO to sovereign adoption, the next leg of the Bitcoin Supercycle has begun. 🔥 Today’s Featured Stories: 1️⃣ Max Keiser...
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Hey, Ryan Reynolds here for Mint Mobile. Now I don't know if you've heard but Mint's Premium Wireless is $15 a month. But I'd like to offer one other perk. We have no stores. That means no small talk. Crazy weather we're having.
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See mintmobile.com in today's show I'll be breaking latest technical analysis all the latest in the markets. We'll also be discussing 11 billion dollar Bitcoin whale bets on Bitcoin ETH correction with 900 million shorts. Also South Africans can now pay with crypto at 650000 stores via scan to pay. We'll also be discussing Jack Dorsey urges tax free status for everyday bitcoin payments. I dare say tax. Taxation is theft. Why do we pay the taxes? We're just feeding the lizard folk at this point. So. All hail Jack Dorsey. Respect. Also check it. Update from Roger Veer. He just reached a tentative agreement with the U.S. department of justice over tax charges. As you know, he was facing potential life in prison. Well apparently they just struck a deal. Something like $48 million to make it all go away. We'll also be discussing in today's show Bitcoin mayor. Multiple bitcoin price can hit 180 GS before being overbought. But the highlight of the day, the high priest Max Kaiser says the 300 year fiat experiment is over. As Bitcoin sores. That's right. 2.2 million in play. I'll be breaking it down for you. I'll also be taking a look at the overall crypto market. All this plus so much more right here in today's show. Happy tgif. If you guys are new to the Rumble important smash the likes. Give us a follow. Hit the repost on X. It's free to do so. This is how we orange pill the masses and ultimately hack the algorithm. All eyes on the pre low bitty. It's correcting right now. We're currently 1167 down 4200 on the day which is a great BTFD opportunity if you know what I'm saying. Let's actually. And today by the way is October 10th. So it's 10 10, 20, 25. I'm your host JV alongside Fed Chair Nipinator keeping them nipinating. And that's actually a very cool photo. I don't know why I just called it a photo, but you can see his little white face because it's dark in the background and he's glowing. It's almost like he's an angel sent from God or Satoshi. But then, then again, some say Satoshi is God or bitcoin is God hacking humanity. But you can cut it, slice it any way you like. Check. Checking out coin360. Pulling it up right here. You can see the bulk of the market. Big dumpage today. Bitcoin down three and a quarter percent. Very modest correction, but a lot of the alts are down massively. ETH down 7 1/2% on the day, trading back at around $4,000. Check it out. Coinmarketcamp.com current crypto market cap or Bitcoin itself is 2.3 trillion. But let's get a refresh because these are probably going to update considering we're dumping in real time and we'll get an overall perspective. But yeah, ether barely holding on to 4, 000 is probably going to test lower here any moment. Let's see what else we can look at. The market cap today, 3.96 trillion. So we're back under 4 trillion for total crypto market cap. As far as volume, it is up on the day. It's 235 billion worth of volume, which is pretty significant. It's higher than typical and the dominance is on the climb. Silver lining there. Bitcoin dominance 58.8% as the ether dominance drastically dropped to 12.2%. Checking out top 100 crypto gainers past 24 hours. Zcash up another 11% today, up 68% on the week. Litecoin doing well. Number three position today, up 6%. Checking out the crypto bubbles keeping it bubbly. Here you can see bulk of the market obviously correcting wreckage across the board. Checking out the weekly perspective, virtually everything in the red. That's not good. Minus zcash for whatever reason, it's been crushing it past couple of weeks. And for the monthly as you see floating Zcash up 400% but the bulk of the market wrecked some 10 to 70% across the board. Checking out the infamous crypto greed and fear index. Today we're 64. Greed yesterday, 70 last week at 63 last month, a 49 neutral. And there you have it. And next up we'll do our ta. Let's see what's happening in the markets right now. Bitcoin dropped to 118. Well now 116 is the new bottom on the day, but futures reset mean the dip won't last long. And that's what I say when we're in a legit bull market in which we are oftentimes These dips are 2448 hours and we're right back where we left off. So yeah, we were trading at 1213 this morning before dropping like 5000 to 116 and it looks like we're rising back currently around 117 at the time of the live stream, analysts said Here we go with the shakeouts to both sides. What a cool username. Stock Money Lizards. At least it keeps it one hun adding that such price action is normal after bitcoin hits a new all time high. Exactly. We had seven or eight days of pure bullishness since the original announcement of the government shutdown which was October 1st, and then we had the correction after hitting the 1263 all time high. He says this flush should end soon around 118119 then higher. Can we get much higher? Also it seems like Bitcoin wants to retest 118120 support level according to Ted Pillows. After that a rally is expected if the buyers step in calling Mr. Sailor where he at. Meanwhile, Glass Node their cost basis distribution heat map highlighted support near 117 where about 190,000 BTC were last acquired. MN Capital founder Maau Bande Pump had a different view, arguing that Bitcoin had already had its correction following the flash drop to119.7 during the late New York trading session on Thirsty Throwback Thursday. It's ready to continue towards new all time high. Similarly, we had Alpha BTC stating that the price had now cleared liquidity on the lower side down to 118 with traders now focusing on liquidity above 126 which would take us right back to price discovery. Meanwhile, Bitcoin futures open interest dropped by 4 billion bro. That's right, the price fell from 119 to 1 from 126 and even dropped more. So it's probably even higher. Quoting Glass note on this, the market is undergoing a leverage reset with volatility flushing out excess positioning on both sides, meaning wreck wreck wreck wreck wreck market m high open interest often indicates over. Oh and a different note, you know that lawsuit Drake launched against Kendrick because he feels it defamed him in which, you know, not like us, became like the biggest successful probably hip hop song of all time. He's saying it at the damn super bowl and it pretty much eviscerated Drake's rap career. But Drake being the sore loser he is, he's like, I'll just sue him for defamation. Well, that case did get dismissed. I got the update on that as well. Completely not relevant here. But I just want to throw that in because I find it hilarious. Yeah, you're a loser, Drake. And that's a big fat L. You lost the rap battle and you lost the lawsuit. Sucks to be you. But anyways, when a slight price drop triggers a significant number they not like us of liquidations. It clears out speculative positions. Just stabilizing the market. And now as I promised, let's look at some live charts. We'll do some live chart action. Jackson Satisfaction, Bo Jackson, Joe Jackson, Emmett Smith, a little Troy Aikman, throw it back. Jerry Rice, Joe Montana, Savage for you here. But here you're looking at the one hour chart. You can see 1, 2, 3, 4, 5, 64 red cascading candles on the hourly. But we just had a bounce after hitting the 116 bottom floor and currently we're climbing again. We're 117 2ish at the time of the live. Zooming it out. Oh, take a day. Not like us.
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Hey, Ryan Reynolds here from Mint Mobile. Now I don't know if you've heard but Mint's Premium Wireless is $15 a month. But I'd like to offer one other perk. We have no stores. That means no small talk. Crazy weather we're having. No, it's not. It's just weather. It is an introvert's dream. Give it a try@mintmobile.com Switch upfront payment.
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Of $45 for three month plan. $15 per month equivalent required. New customer offer first three months only. Then full price plan options available. Taxes and fees extra. Seemintmobile.com from the Cascades to PDX to your kitchen. We recycle like we live here. That's why governments, brands and recycling companies.
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Are all joining together to bring change to make recycling better.
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Trying to strike a cord and is probably a minor. As you can see on the 44 hour chart. Two cascading red liquidating candles here. But we do have a bull target on the 4 hour at 1418 which would take us clearly in price discovery which would be actually pretty nice. Can't wait. I still say 141 in play for the month of October. Checking out the daily big ass red candle. Unfortunately, we do still have a bull Target Bull Flag 146 and play on the daily. Checking out the weekly. It's probably not going to look so pretty. Yeah. So all the gains we got with the highest weekly bitcoin candle closed last week. We've lost maybe 60 to 70% of those gains thus far. But it's only Friday. We got till Sunday until the next candle there. And checking out the monthly. I still think we're gonna be in the green, but let's see. Barely. It was a big ass green candle on the month for October. It's still in the green and we still got like two thirds of the month left. Next up, let's discuss 11 billion Bitcoin whale bets on the biddy eth correction with 900 million shorts. But remember, you can't short your dorks. We can't afford that. Let's roll nerds. A large crypto investor who surfaced two months ago about 11 billion worth of Bitcoin has opened almost a 900, almost a billion in a short position against bitcoin and ether. Well, he probably nailed it with today's correction signaling expectations of a market correction. Despite widespread optimism for October, the whale returned to trading on thirsty throwback Thursday with a 360 million bitcoin transfer that piqued the interest of crypto investors. On Friday the whale open at 600 million 8x insanity 8x leverage. Short position on bitcoin and a leverage especially when we're talking $600 million worth over 300 million on ether. Well, ether's taking a big beaten so maybe he just had a massive come up on this one. The massive short bets signal the whale's confidence and the un incoming correction. But the thesis stands to be invalidated if the bitty price rises above 133, which clearly did not happen. Right. The whale also opened a 330 million 12 times leverage short position on ether with a liquidation price of 46. Well he nailed that because ether is currently just under 4,000. So we probably just had a massive come up. Very risky. So don't think it's easy money doing leverage trading. But even a broken clock is right at least two times a day. Kind of like Jimbo Kramer back in August 9. Well Addresses acquired a cumulative almost a half a billion worth of ether after the 11 billion bitcoin whale rotated 5 billion of his bitcoin into eth. Large scale selling from previously dormant bitcoin whales was amongst the main factors limiting the bitcoin price action in August. According to the analysts, an early Bitcoin adopter, Mr. Willy Woo Bitcoin set the all time high. It's actually now 1263 a few days back before our correction. But anyways I actually want to share with you guys what I say. Did I already do the charts? Maybe I. I think I did yeah. This is the second story I'm losing track here. But anyways about 51% of ether traders have also shorted the world's second largest crypto expecting a decline. So a lot of the whales are very short on eth and it seems like a saf safer bet to short eth than bitcoin. And that part I agree with because if bitcoin has a 3% correction, kind of like today ether has a 7% correction, it is what it is. But anyways, next story of the day we'll dive right in. South Africans can now pay with crypto at 650,000 stores. That's what's up. Provider scan to pay and Bitcoin payments company Money Badger. I like it. It rhymes with honey badger. According to the Tech Central report, the integration allows users of major exchanges including Finance, Luno Blank and Valor to pay using Bitcoin Stable Coins and other crypto assets at over 650000 scan and pay enable mergence. Crypto holders can pay for their purchases through the QR codes at checkout counters. While the merchants still receive their settlement in Iran. The system works through the Money Badger platform, linking payments to the users exchanges of the Bitcoin Lightning accounts. That's what's up with the integration. Users can pay for groceries, meals and online shopping directly with Air crypto. Theo Coma, the product owner to Scan to Pay said the collaboration is a step towards financial inclusion, quoting them here. By removing the conversion step, we're making it possible for people to use their crypto holdings directly. This means crypto users don't need to convert their funds back into fiat when they want to use the assets for everyday purchases. Merchants also won't need to perform additional steps to accept crypto payments to Scan the pay's existing network crypto platform. Luno said the Collaboration connects its 30,000 merchant base with Scan and Pay 650,000 outlets, expanding payments to major retail chains like Shoprite Checkers, Macro and Vodacom. Let me know if you heard of any of these. Maybe it's like an African thing. I'm not sure, but I never heard of any of those. Money Badger CEO Carl said the rollout reflects the bigger shifts of the local market. The South Africans are increasingly moving from holding Bitcoin as an investment to using it for everyday spending. This move expands the number of places where South Africans can pay with bitcoin significantly. Then we got Van Wick, who previously urged the community to spend their bitcoin, arguing that hoarding bitcoin kills adoption. On October 2, he pointed to the Bitcoin white paper's original vision of being a peer to peer electronic cash system. He said the market demand strengthens utility and creates demand for merchants to accept bitcoin payments. I'm all for bitcoin payments. I think they should incentivize people to do so. Give them bitcoin cash back or something. I guess it would call it bitcoin back. That's an oxymoron, but you get it. But obviously bitcoin is a store value. It's the greatest savings to ever exist in human history. So don't think you need to spend your bitcoin and that you're going to do something miraculous to save the world or something by using it. It's up to you if it's more convenient to use lightning. Use lightning if it's available. Or maybe you're in a country like South Africa where it just makes more sense because your local currency is dying or already dead. I mean, to each their own. Jack Dorsey urges tax free status for everyday bitcoin payments. Now that's an incentive. Remember earlier I said if you incentivize the bitcoiners, the people with the the smart money to spend it, maybe they will. And one example I always say is like Bitcoin back on purchases like Coinbase and Gemini currently offer with their cards. Another incentive. If you can avoid taxes, maybe people are more likely to spend their bitcoin via retail. So Dorsy, founder of the payments company Square, urged the introduction of the minimus tax exemption on small bitcoin transactions, helping make crypto more suitable for everyday payments, quitting them here. We want Bitcoin to be everyday money asap, moos he said on Wednesday following Square's integration of the Bitcoin payment service for merchants using the company's checkout and point of sale systems. His comments drew attention from Wyoming Senator Cynthia Lummis, who introduced the de minimis tax provision as part of the standalone crypto tax bill in July exempt into bitcoin transactions at 300 or under from capital gains tax with an annual exemption cap of 5,000. Just don't spend more than 5,000 guys then you will be taxed. I mean it's better than nothing but they can do better bro. Come on. Under the current US tax laws all bitcoin transactions are subject to capital gains tax which the holder must pay if the price of the bitcoin rises above the initial purchase price. Limiting the bitcoin use as a medium exchange and probably the primary reason people don't spend their bitcoin they don't want to pay a 2030 capital gains tax on some. You know, I mean bitcoin advocates continue to push for tax exemptions on small bitcoin transactions. It's a start to encourage the digital currencies uses a peer to peer digital cash system envision and a bitcoin creator Satoshi's white paper alongside the use of store a value asset. The US Senate committee on Finance held the hearing in October.
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Hey, Ryan Reynolds here from Mint Mobile. Now I don't know if you've heard but Mint's Premium Wireless is $15 a month. But I'd like to offer one other perk. We have no stores. That means no small talk. Crazy weather we're having.
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No it's not.
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It's just weather. It is an introvert's dream. Give it a try@minmobile.com switch upfront payment.
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Of 45 for 3 month plan 15 per month equivalent required new customer offer first 3 months only, then full price plan options available, taxes and fees extra.
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Semenmobile.com I guess that just happened here this week to discuss crypto tax regulation amid the U. S Government shutdown Lawrence Latkin Price president of Tax a crypto exchange Coinbase asked the senate to codify a de minimis tax exemption for crypto transactions of up to 300. Well guess what? You can't even buy a fricking cart full of groceries for $300 anymore. We got to up that mofo. I say at least a thousand. Let's do it right if we're going to do it in the first place. JV for president. Just plain I'd never be president. I'd end up just like jfk. Mark my words. Zatkin argued the exemption would encourage the crypto payment in the retail commerce and ensure that the payment innovation takes place in the US and not abroad. Several jurisdictions already feature favorable tax treatments on digital assets such as in Puerto Rico. Also the United Arab Emirates. Can't forget bitcoin country El Salvador, Germany and Portugal. The favorable tax treatment in other countries make it attractive for crypto companies and funds to establish operations in those jurisdictions, leaving the US At a competitive disadvantage compared to these first movers. That's right, you want to make it attractive for crypto companies. Simple is incentivize it. Easy peasy, no brainer. Next story of the day. Broski's headline reads, roger Veer reaches tentative agreement with the US DOJ over tax charges. Here's the latest report. Bitcoin advocate known to many in the crypto industry as bitcoin. I don't even want to say that name because it's blasphemous and he's absolutely not the bitcoin Jesus. You know, I mean, like that's just too disrespectful for Jesus. He reportedly reached a deal with and he's a coiner, so it's like it's an oxymoron. At the same time, reached a deal with the Department of Justice that may allow him to avoid prison time. Lucky him. According to the Thursday New York Times report, Veer's lawyers reached a tentative agreement with the U S authorities requiring the bitcoin Advocate to pay 48 million in taxes, which is probably just a drop in the bucket for him because he's an early bitcoin OG and the creator of the bitcoin trash he owned or owed from his crypto holdings. The Justice Department charged Veer with or ver with mail fraud and tax evasion back in April 2024, around the time of the having seeking to extradite him from Spain to stand trial. The New York Times reported that Veer has ties with figures connected to the administration of Trump. Naturally he was seeking a pardon, but I doubt he gets pardoned by Trump bro. Including hiring lawyers who previously worked for the president. But I guess money talks. You just never know. You bribe the right people, you can get anything accomplished. He also reportedly paid 600,000 political consultant Roger Stone, Trump advisor to lobby for changes to the U.S. tax laws. The report deal followed a series of regulatory legal moves under the Trump admin signaling a softer stance on cases involving digital assets. Well, it has changed. If it was the Biden administration, still probably least likely there'd be any sort of agreement, right? The initial indictment alleges Veer falsely reported on tax forms related to the crypto holdings he and two of his companies, Memory dealers and Agile star, allegedly held 131,000 Bitcoin Bro. Holy. But that was back in 2014. The dog said he attempted to evade paying taxes on his assets by renouncing his U.S. citizenship and later becoming a citizen of St. Kitts and Nevis. And allegedly, I guess he thought he could skirt around the fact that fact that he wouldn't have to pay taxes on that after he denounced his citizenship and became a citizen there. But you can't just run from the IRS of as a U. S. Citizen, you're still held liable for all of those tax stats, apparently. So even though Vere was not a U. S. Citizen, he was still legally required, that's my understanding of it, to report to the IRS and pay on certain distributions. Spanish authorities arrested Veer after his U. S. Indictment last year, but he posted bail in a matter of days. Yeah, he's, I don't know if he's a billionaire, but he's probably at least worth hundreds of millions, potentially billions. Since that time, Veer's lawyers have been challenging Spanish authoritas, attempting to extradite him to the US and fighting the charges in federal court. After Trump won the reelection last year, crypto users speculated the president might pardon him. In fact, Veer was launching like campaigns for Trump to pardon him. I know because I've seen some of them. Then you know, Ross Albrecht did actually get pardoned by Trump, but completely different situation. Ross is somebody we all look up to in bitcoin that they use lawfare against him to set an example, give him two life sentences which is up obviously, and he did get pardoned. Roger Veer on the other end, most bitcoiners despise him because he forked bitcoin and claim his coin is the true bitcoin and you know, try to deceive a lot of people in the community. At least that's my perception of things. And as of Thursday, veers profile link users to a petition for Trump. Yeah, so he's still petitioning to get Trump obviously to pardon him. I guess he'd save $50 million from the department of corruption. But next story, Here's a bullish one Bitcoin Mayor Multiple Bitcoin price can hit 180 before being overbought. I say why so bearish but check it Bitcoin's lack of the blow off top this bull market has placed on chain indicators and focus participants search for signs of change. The mayor multiple is amongst the indicators firmly pointing to bullish price continuation. But I do got to point out the only Bitcoin indicator with 100% accuracy is known as the NIP Anator indicator and the Nipinator LI indicator, keeping them nipinating. But the Mayor multiple is a good one too. Quoting the analyst here, Bitcoin's at the all time high and the Mayor multiple is ice cold. The Mayor multiple measures the ratio of the price for the 200 week moving average reading above 2.4, reflecting a price 2.4 times higher than the moving average trend line. Currently the multiple sits at 1.16 closer to the oversold 8 level than that which typically signifies bearish trend change. I like the setup, said the analyst, adding alongside a chart from onchain data. The chart indicated that bitcoin to reach the 2.4 mark it would need to rise to 180g BP as you can see outlined in the Mayor Multiple Z score chart. The multiple has has broadly cooled this bull cycle compared to the others before it, reaching a maximum level of 1.84 March of 2024. And that was one month prior to the having as you can see brought to you by Glass known in this chart in the July year. This year another analyst said likewise describe it to multiple ratings near the 1.1. I say 1.1 million. Send it as a good fuel reserve for the new upwards impulse. The timing of the bitcoin next volatility move remains a topic of debate. Current these suggest that the unless a breakout occurs by the end of the year, well, we're in the two. Like this is the second most bullish month of the year and next month is the most bullish month of the year. And even December is a bull month of the year. So I personally subscribe to we're going to have nothing but pure bullishness overall for the next, you know, 90 days or whatever it may be to the end of the year. But that's just me. Meanwhile, short term perspective See choppy bitty price action characterized in October, traditionally Bitcoin's most successful month. Correction. November is typically twice as bullish as October. So Coin Telegraph get your together now Far Featured Story of the Day Fam the High Priest Max Kaiser says the 300 year fiat experiment is over. Is Bitcoin source well today massive dump, but you know what?
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Hey, Ryan Reynolds here from Mint Mobile. Now I don't know if you've heard, but Mint's Premium Wireless is $15 a month. But I'd like to offer one other perk. We have no stores. That means no small talk crazy weather we're having.
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No, it's not.
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It's just weather. It is an Introvert's dream. Give it a try@mintmobile.com Switch upfront payment.
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Of $45 for three month plan. $15 per month equivalent required. New customer offer first three months only. Then full price plan options available. Taxes and fees extra.
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See mint mobile.com hey, Ryan Reynolds here from Mint Mobile. Now I don't know if you've heard but Mint's Premium Wireless is $15 a month. But I'd like to offer one other perk. We have no stores. That means no small talk. Crazy weather we're having.
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No it's not.
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It's just weather. It is an introvert's dream. Give it a try at mid mobile.
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Mobile.Comswitch upfront payment of 45 for 3 month plan. 15 per month equivalent required. New customer offer first 3 months only then full price plan options available. Taxes and fees extra.
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CMN Bitcoin is soaring. We're only up like millions of percent since the inception of the Genesis block. And I'm also going to be sharing the latest predictions as far as targets including 2.2 million in play. But let's break this down. He was actually featured in Yahoo Finance news. So shout out to Max, grab a coffee because as the global markets watched the US government shut down and this disbelief Bitcoin was doing the opposite. To longtime bitcoin advocate Max Kaiser. This moment it's not random. This is destiny. As US government remain shut down amid another budget deadlock which all began with the announcement on October 1st and Bitcoin ripped like eight days consecutively. In the green we just closed the largest or I should say highest weekly close of all time since the inception of the Genesis block. It was just above 123. We just topped out at the new all time high entering price discovery currently around 126 3. And we're just getting started in my opinion. Despite the pullback, advocate Max says the time in the bitcoin continue to show the strength couldn't be more fitting. He calls it poetic justice. Shout out. That was Ms. Janet Jackson and Tupac Shakur. I remember that film. That was a classic. Bitcoin thrives precisely when the fiat governments falters. Kaiser, the veteran broadcaster early bitcoin. Oh G. And shout out to Stacy of course legendary, you know from the Kaiser Report have spent more than a decade warning that the collapse of centralized money system is not a matter of if but when. In fact they made a documentary called the death of the dollar. It's brilliant. In an exclusive exchange he was interviewed. He framed the shutdown as A symbolic moment that confirms Bitcoin's original mission, exposing the structural fragility of the government back money. Quoting max the second. The genesis block was mined. 1-3-2009. The fade of the US dollar and all fiat money was sealed. The 300 year experiment with Central banks and fiat money is over. It failed. You can't print your way to prosperity. Exactly. For Max, Bitcoin's latest rally is not merely about the price action. It's about the proof. The proof is in the pudding. Ask Bill Cosby. He sees the shutdown coupled with the widening in deficits and the soaring debt services costs as evidence that the fiat era has run its course. Exactly. The rise of decentralized borderless money is in his view, not a rebellion but a realignment of economic reality. He is also the one who coined it's the global insurrection against banker occupation. Nailed it. He also pointed to the tech giant Mr. Dorsey to move merge cash app with squares for the validation. Traditional finance is nearing obsolescence. It's becoming obsolete. Jack Dorsey hammered another nail in the dying banking system, said Max, suggesting fintech integration and bitcoin adoption are accelerating the final phase of fiat decay. However, Max was blunt. Yes please. When asked about the future of stablecoins, saying that they may keep the US dollar label long after the dollar's credibility fades. And ultimately the stable coin is nothing more than a digital dollar and very similar to a cbdc unfortunately a central bank, a digital currency. Quoting them here, stable coins will use the nomenclature of US dollar or USD even after the dollar dies as a generic term disconnected from the US treasury and the unback paper nonsense plaguing the world for decades. With Washington literally closed for business, Kaiser says trust is migrating at bitcoin prices. As he says the inverse of trust and governments. Then each political crisis may only fuel its ascent. And let me know if you agree disagree with the high priest. Now for some 2.2 million predictions. I did a search on his X account and I just typed in 2.2 million. Let's see what it pulls up. MSTR is fabricating an artificial Bitcoin having 2.2 million in play. This will obliterate the US dollar 2.2 million in play. He's even wearing the 2.2 million cap. Supply shock meets the smell of hyperinflation. Bitcoin 2.2 million in play. You can't taper a Ponzi scheme. Bitcoin 2.2 million in play. And don't get me started, there's probably dozens more right here. Can't wait. Bitcoin 2.2 million in play. See ya on the other side. Employee of the month. Referring to the Trumpster Trump pumping his bitcoin bags with the invite to print to death. 2.2 million incoming. They want to lower the rate so they can ramp this to 5 trillion. Bitcoin. 2.2 million incoming. Bitcoin is meeting geopolitical headwind from disgruntled no coiners and fiat money worshiping zealots. 2.2 million in play. I mean, I can. I can go all day, bro. But yeah, as you can see, he's a firm believer. Let me know if you're a believer in the 2.2 million price action and I will stick around here and welcome everybody to the Q A segment of the live stream. I'm gonna stick around to the top of the hour and let's have some fun. Welcome Everybody. A great BTFD opportunity. Bitcoin down 6400 on the day.
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Now and then I think of when I bought a shit coin made promises, promises you couldn't keep Late at night I would just weep told myself that you would pump Instead you dump so hard now I bleed but that's crypto and it's an ache I still remember you can get addicted to a certain kind of gambling like throwing money at it's always shit. So when we found that bitcoin made sense sorry coins, we can't be friends I'll admit that I was glad that was over but you didn't have to rip me off make out with my cash on top of gas fees Guess that I don't need that Dai but you beat me with that ether I wasn't eating enough no, you didn't have to dip solo have your friends collect and cash out like oh no, no one invested Guess that I won't get that back. Now you're just a coin that I used to own now you're just a shitcoin that that I used to own now and then I think of all the times I was missing out on JV in the nipponator. I probably would have stopped coining sooner, but I didn't want to lose my ass betting on every shitty plate. You said it was a 10x bro and I wouldn't catch a shitcoin that I used to own but you didn't have to rip me off make out with my cash on top of gas fees Guess that I don't need that Dai but you beat me with that ether I wasn't eating enough no, you didn't have to dip so low have your friends collect Collecting cash out like no one invested Guess that I won't get that back now you're just a coin that I used to own Some shitty coin that I used to own Some shitty coin that I used to own Some shitty coin that I used.
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And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Episode Hoddle.