← Bitcoin News Alerts | Daily BTC Macro Signal
Bitcoin News Alerts | Daily BTC Macro Signal
2299: $10M Bitcoin Revealed - Global Wealth Repricing Has Begun
00:24:41
Loading summary
Transcript1 lines
- [00:00]
A
Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever find yourself playing the budgeting game? Well, with your name your price tool from Progressive you can find options that fit your budget and potentially lower your bills. Try it@progressive.com Progressive Casualty Insurance Company and affiliates Price and coverage match limited by state law. Not available in all states. Ever notice how ads always pop up at the worst moments? When the killer's identity is about to be revealed during that perfect meditation flow on Amazon Music, we believe in keeping you in the moment. That's why we've got millions of ad free podcast episodes. So you can stay completely immersed in every story, every reveal, every breath. Download the Amazon Music app and start listening to your favorite podcasts. Ad free included with prime 10 million dollar bitcoin Isn't Crazy Want to know what's crazy? Is how unprepared the market is right now. Because while everyone's arguing over a hundred thousand, something much bigger is happening behind the scenes. Bitcoin isn't being traded like it used to. It's being taken off the market. That's right. Ten million dollar Bitcoin isn't the prediction, it's the outcome. Here's what most people still don't see. Most people are still debating the price. JV we're lucky if we ever get back to a hundred thousand, let alone we ever see 200,000. A million dollars. That's just crazy talk for the crazies. But that conversation is already outdated because Bitcoin isn't waiting for demand anymore. It's losing supply. And that's why I want you to focus on the supply. Very limited since spot ETFs launched. It was January 11, 2024. We had the 11 major ETF issuers, including Black Rock's iBit, which is currently the largest Bitcoin ETF and the most successful ETF that has ever been launched. They have accumulated collectively over 1.28 million Bitcoin. With IBIT taking the lion share. They have close to 800,000 bitcoin and within two years. That's the mindboggling part. They now control More than 6% of the total bitcoin supply. Not traded, not flipped, effectively removed from circulation because it goes in custody, for example. They use a lot of these ETF issuers are using Coinbase prime as the custodian. Just like Sailor's company strategy. That's tens of billions of dollars in bitcoin quietly leaving the market. And at the same time there's now over 190 public companies collectively holding more than 1.13 million Bitcoin, which is over 5% of the total supply. And they continue to accumulate. Now naturally, strategy has the lion share here with over 760,000 bitcoin, which means roughly 76% of all publicly held corporate Bitcoin and continues to accumulate as a treasury, not a trade. And more recently, Sailor announced raising another 44 billion in capital through MSTR and STRC to buy more Bitcoin. And that train is not slowing down. Also, Satoshi's wallets alone hold an estimated 1.1 million Bitcoin, which is another nearly 5% of the total supply. And that has never moved. And this is not speculation. This is permanent structural demand. Now layer in what most people ignore. An estimated 3 to 4 million bitcoin already lost forever. And a massive portion of the remaining supply is held by the long term hodlers like Nipinator, who will never sell. So While people repeat 21 million, that number is theoretical. The real number that matters is the liquid supply. And it's shrinking faster than the market can price in. Right now, roughly 75% of all Bitcoin is illiquid. That's what's up now. Zoom out. Global capital isn't small, it's massive. We're talking about bitcoin tapping into these major pools of capital, including real estate, estimated to be 673 trillion. The bond market estimated to be 109 trillion, equities, 154 trillion, and the gold market, which is currently roughly 31 trillion. And many anticipate by the time bitcoin overtakes gold and we have a 30 trillion market cap, how many millions of dollars per coin do you think bitcoin will be priced at by then? And that's not even factoring in real estate, bonds and equities, and over 900 trillion worldwide worth the global assets. So bitcoin Today, it's a 1.3 trillion market cap. A drop in a bucket, that's less than 0.2% of all the capital. Now here's where the system breaks. It doesn't take mass adoption, it just takes marginal allocation. If just 1% of the global capital we just outlined moves into Bitcoin, that's 9 trillion entering a market with a shrinking float. So bitcoin goes overnight, literally from 1 trillion to 10 trillion, just with 1% of the capital moving into bitcoin, you really want to blow your mind, start to calculate what if 3% or 5% of that global capital moved Into Bitcoin, it just makes it that much more exponential. So this alone pushes Bitcoin into multi million dollar territory fast. And that's before any reflective demand kicks in. Not because of hype, because of the math. For example, Hal Finney outlined this in 2009 days after Bitcoin launched as a thought experiment he showed that if Bitcoin captured a meaningful share of the global wealth, the math pointed to around $10 million per bitcoin. Michael Saylor's now saying the same thing publicly. This is the shift most people miss. Bitcoin is not being priced like a tech stock anymore. It's being positioned as global collateral, a reserve asset, a base layer for capital. And when that happens, demand done slow at higher prices. Because at 1 million bitcoin is inexpensive, it is validated and that validation attracts larger capital. Now ask the real question. If ETFs are buying daily, which they are, corporations are accumulating like strategy, sucking up five to seven times the daily issuance. You know, single handedly and long term huddlers are not seeing selling. Where does the new supply come from? Oh yeah, it doesn't. That's why price doesn't move gradually. It reprices violently when available supply runs thin. As Samson Mouse said, it's going to be a violent upheaval. Omega Candle, send it. Bitcoin doesn't need everyone to buy. It only needs a very small amount of capital to collide with an even smaller amount of available supply. That my friend, is the setup right now. Not speculation, not theory, but structure. $10 million Bitcoin isn't crazy. What's crazy is thinking a fixed asset with a collapsing float can absorb trillions in capital without a massive repricing. Most people will understand this later after the move, after the supply is already gone. And when that happens, the problem won't be or, sorry, the problem won't be price. It'll be finding Bitcoin at all. And, and by that time the majority understands this. The majority of the supply already gone. So here's the real question. If this is even partially correct, how much Bitcoin do you actually own before the supply runs out? That my friend, is my question for you. Let me know in the comments. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. You chose to hit play on this podcast today. Smart choice. Make another smart choice with Auto Quote Explorer to compare rates from multiple car insurance companies all at once. Try it@progressive.com Progressive Casualty Insurance Company and affiliates not available in all states or situations. Prices vary based on how you buy. Right down below. Today is April 3rd. Good Friday, 2026. Now, Sailor has said it over and over again. I'm going to give you some quotes right here. If the United States buys bitcoin first, Sailor says the rest of the world will have no choice but to buy it back at 10 million, 20 million or even 50 million per coin. Now, kudos to Najibu Kelle in El Salvador, bitcoin country. They're the first ones that made bitcoin legal tender as far as nation states. This was back in 2021, one year after the Sailor playbook took place with the first corporation to adopt bitcoin on the balance sheet via micro strategy. Now, today, strategy. And now we have the United States of America. As of last year, Trump signed the executive order for the bitcoin strategic reserve. And it's time to start stacking. This was prophesied a very long time ago by Max Kaiser, the high priest. He claimed there was going to be a global hash war. And now it's playing out in real time now. Also, Michael Sailor says bitcoin goes to a million if Strategy can accumulate 5% of the total supply. And today he has roughly like 3.6% of the total supply at over 760,000 coins. So he's most definitely going to hit 5% of the total supply here this year. The question is by what month? And he says at 7%, it's $10 million per Bitcoin. Now, I have no doubt that he'll achieve 7% as well, because he has a refined engine which can just accumulate money, raise it out of thin air through all of his products, his ecosystem, you know, mstr, strk, strc, the new yield product, and others. And they just have the infinite money glitch. He continues to raise billions of dollars like clockwork every week, post a Sailor tracker, and then announce to the SEC, we just purchased another one, $2 billion worth of Bitcoin for the week. Think of us as powering the network up. And that's precisely what he's doing. And I don't even think he'll stop. And at 7%, the name of the game is to accumulate as much bitcoin as possible. And he said it in his own words, become the largest bitcoin bank in the world. And I think this is what he is working towards. And again, that's one company strategy. Now, Sailor says the idea that you can buy Bitcoin at 80 GS is a joke. By the time Your banker recommends it, It'll cost you 10 million per coin. So right now we're at a 99% discount. I say it's a BOGO fire sale. Buy one, get one. I much rather buy a bitcoin today in the 60s versus at an all time high of 126, wouldn't you agree? You know, now also he has said bitcoin offers economic immortality. Very powerful words. And he doubles down on Bitcoin reaching $10 million per coin. When he was doing these interviews, and I'll give you some of the highlights, he has said, well, what's the difference between perfect money and imperfect money? Perfect money is economic immortality. Imperfect money is we all have a short, brutal life. Now he also says economics is pseudoscience. Before Satoshi, it's a quasi religious liberal art and it's full of people's opinions and prejudices and biases. All the economists before Satoshi were trying to work out the laws of economics with seashells and glass beads and pieces of paper and credit instruments. The average life expectancy of a corporation is something like 10 years. We're talking about eliminating corporate mortality. We're talking about stretching economic vitality easily by a factor of 10, maybe a factor of a hundred and maybe a factor of a million, you know. And he goes on to say that he appears to have figured out exactly how this would work. Aside from directly stating he believed the Chinese people and the government would embrace bitcoin, he did predict that sometime in the future a single bitcoin will be worth $10 million. We've also heard him predict Bitcoin to reach 21 million in 21 years. And the most bullish prediction which we covered in yesterday's episode, which is $sat parity, which means Bitcoin worth $100 million per coin with a Satoshi price at a dollar per sat. That, my friend, is $sat parody. And that, my friend, is the end game. Now I'm going to read you this from Sailor when he projected Bitcoin going 425x. Because $sat parity from here, just FYI, is roughly a 1500x, because today you can get roughly 1500 sats per dollar. But here's what he said, and he predicted this a couple of years back because bitcoin is just pure money. It's just as effective at 100,000 a coin as it is at 10,000 a coin. And at a million a coin, it's just as effective. And at 10 million a coin, it's probably more compelling at 10 million a coin than a million or 100,000 a coin. It's kind of a universally scalable asset that gets less risky. And that's because the network becomes more and more secure. And the only thing that's going to change, in my opinion, is when it was super risky and scary. Below 10,000, you were getting 100 to 200% a year annualized gains. And then it got a bit more understandable between 10,000 and 100,000 and your gains go to 40 or 50% a year. And then at some point they go to 30% then 20%. In the extreme, if everybody in the world understood bitcoin, it'd be 20, 30, 40% of the wealth of the world. So it would be 200 to 300 trillion in today's dollars. And I remind you, today the bitcoin market cap is 1.3 trillion. So we're probably projecting a 2 to 300x and all the money in the world flowing into bitcoin. And we already discussed all the money is north of 900 trillion. So we get roughly onethird of that flowing into the bitcoin network. And then the price would be appreciating at the rate of global inflation and fiat currency, which naturally is a lot higher than what the suits actually tell us. They always fudge the numbers. So if the gold inflation rate remains a seven, it still remain a seven and a half. And then it would appreciate a little bit more because of the productivity of the people that adopt it as a treasury reserve asset. This is actually one of my favorite classic Sailor interviews right here. Now there's others obviously besides Sailor who have projected bitcoin to hit 10 million. For example, this guy Henry bets 10 million on Bitcoin future. He's a former hedge fund titan. The guy's name is Hugh Hendry. Let me know if you heard of him. He says selling his $10 million home to go all in on bitcoin, signaling a bold conviction in the future, suggesting bitcoin can rival gold at the time, 16 to 18 trillion market cap. Gold's market cap is effectively doubled since then. It actually just spiked out at above 40 trillion when it recently hit the all time high, you know. But anyways, pointing to a potential 1 million per coin valuation, I say easy peasy, it's a damn near 10x from the current firmament. You feel me? Now also, Hal Finney. This is what legends are made of this guy, some believe to be Satosh. He was very active in the beginning. He has passed unfortunately, but nonetheless his legend continues. Here's what he is quoted saying. And this is days after the Genesis block was launched in 09, he said current estimates of total worldwide household wealth that I have found range from 100 to 300 trillion. So again this is dating back like 17 years ago with 20 million coins that gives each coin a value of about 10 million. So the very first prediction of bitcoin going to 10 million per coin was by Hal Finney days after the launch of bitcoin. A true og. And here he actually writ it, wrote it in this paper. As you can see. I read it a week after bitcoin went live in 09 how Finy predicted a bitcoin value of about $10 million. And I'm going to actually read you exactly what he wrote verbatim as an amusing 30 thought experiment. Imagine that Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should be equal to the total value of all the wealth in the world at that time. Current estimates of total worldwide household wealth that I found range from 100 trillion to 300 trillion. So at 20 million coins that gives each coin a value of about $10 million. So the possibility of generating coins today with a few cents in of compute time, maybe quite a good bet I'd say with a payoff of something like 100 million to one. So even if the odds bitcoin succeeding to this degree are slim, they are really 100 million to one against question mark. Something to think about. Absolutely. So this is one of the profits of our day. Rest in peace, Hal Finney. You always be remembered brother. And thanks for everything you did for helping create, you know, bitcoin, you know, being a big advocate for it. And it doesn't stop there. We have the high priest, Max Kaiser. One of my faves, he says as Bitcoin advances to 1 million to 10 million, so called crypto continues trending to zero. The two are mutually exclusive. It may seem like sematics until you lose everything. And he's ultimately warning us, beware of the shitcoin casino. There's bitcoin and there is no second best. And this was off the back of the news where Eric Trump basically, you know, started discussing bitcoin going to a million dollars which he has stood by. And the Trump family, very bullish on bitcoin and crypto, you know what I mean? The whole entire family to say. Also Max Kaiser more recently was featured on Russell Brand's podcast and he talks about how the global debt will single handedly Send Bitcoin above $10 million per coin. Right now the debt is spiraling out of control with the wars. They're continuing to print money and I don't think it's going to slow down. Max doesn't think it's going to slow down and that they continue that money. Printer Bitcoin can go to 10 million because it's hyper, inflating the dollar. Just look at the history of the dollar versus Bitcoin. You're going to notice the purchasing power of the dollar has just been dwindling while the polar opposite is true for bitcoin. Pursing power mathematically guaranteed to continue going up. And a great example of that, if you compare bitcoin to real estate. There was a time it cost thousands of bitcoins to buy an average home. And now you can buy an average home for just a handful of bitcoin and it's going to get lower and lower and lower as purchasing power, the dollar continues to go down and bitcoin purchasing power skyrockets. So shout out to the high priest. He also, you know, you got to give credit where credit is due because it was Max Kaiser and Stacy Herbert the first ones to make a million dollar prediction outside of Hal Finney suggesting bitcoin can go to 10 million one day. And I actually got the receipts. This was via the Kaiser Report. I actually have that audio clip here on my soundboard, but you can see the post right here. And of course it was on Kaiser Report. Stacy first mentioned Bitcoin in 2010. It was 30 cents. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever think about switching insurance companies to see if you can save some cash? Progressive makes it easy to see if you can save when you bundle your home and auto policies. Try it@progressive.com Progressive Casualty Insurance Company and affiliates. Potential savings will vary. Not available in all states. $0.30 per coin. We were the first to mention bitcoin on international TV and we were the only ones covering bitcoin for years. Here's one of the hundreds of classic Kaiser Report bitcoin clips. And I love sharing these clips on my ex account which I have been doing because he's one of the OGs and it's 100 true. He was projecting bitcoin going to a million dollars back when it was 200 bucks, you know, and it's all thanks to the Kaiser Report that millions of people even, you know, were introduced to bitcoin. So that's massive. We also have rich dad, Robert Kiyosaki. He makes a lot of predictions. This particular one, he said 13 million dollar Bitcoin according to Mikey Sailor. I believe he's right. He is one smart boy. Who says that he's one smart boy. Bitcoin today is 90,000. If Sailor is on target, which I think he is, that means for 9,000 today, you buy 01 Bitcoin and you're a millionaire tomorrow. Sure beats going 50,000 in debt for a student loan studying for years just to earn a flimsy mba. Get smarter. Buy bitcoin today. I am. And he's been a pretty strong advocate, of course, of precious metals and bitcoin. But Samson Mouse, another January founder, said if the world understood bitcoin, we'd be at $10 million a coin right now. And I couldn't agree more. And he's the one who's been calling for the Omega candle and the violent upheaval. And it's actually true because bitcoin makes its biggest gap ups in pricing, you know, collapsing time frames and going parabolic exponential, you know, within 10 days of cycles, typically it's in like a fourth quarter. So while it seems stagnant and boring, we're trading sideways. All of a sudden it happens and it's too late for most people to realize it. And then the price just gaps massively higher to new all time highs. So can you see this happening as well? I definitely agree. If people actually understood bitcoin and how money works and fractional reserve banking and the Ponzi scheme known as the US dollar, I agree. We already be at 10 million a coin. He also says once Bitcoin hits 1 million, I'll give my next prediction of it hitting 10 million in a short time frame. That's right. Keep the 10x alive baby. Cuz 10x from 100g's is a mil, another 10x is 10 mil and before you know it, $sat parody with 100 million per coin. You feel me? We also have billionaire venture capitalist Tim Draper. He says one day bitcoin will be 10 million and no one will accept the dollar. Let me know if you agree with that. He first, you know, started buying bitcoin very early on. He did the thing with the U.S. marshals, stockpiled a lot of bitties and he made a prediction of bitcoin going to 10,000 per coin back in 2017. People laughed at him, thought he was crazy. And guess what happened? Bitcoin ended up doubling his target and went to 20,000 in 2017 I'll never forget because that was my inauguration year into bitcoin, you know what I mean? And he's always been a proponent and there you go. There's just a handful of, you know, people in the space that truly understand bitcoin that all point to bitcoin going to multi million dollar valuations. Because the key is not looking at the 21 million, you know, bitcoin. The key is looking at the liquid supply of bitcoin which is not 21 million coins but roughly 25. Also note we more recently hit a massive milestone in bitcoin where the 20 million coin was just recently mined. That leaves another 1 million bitcoins to be mined between now and the year 2140, you know what I mean? So stack your bitcoins while you can because scarcity is a very, very real thing. So let me know your thoughts on sailor suggesting bitcoin going to 10, 20, even 50 million per coin as well as the other OGs also insinuating 10 million including Hal Finney, Samson, Ma, you know, Max Kaiser, you know, and Robert Kosaki. Let me know your thoughts family in the comments right down below. I'm back in the chat. Stacking them stats faster than packing them gats tax let the whole corrupt system collapse. Perhaps I'll be stacking them stats faster than Stacy and Max, you know, Kaiser report era baby, pretty early. I still thought the magic Internet money didn't accumulate back then. Just played with it. You gotta do what to do. Well that's a blessing to even know about it back in 2012. I never heard of the word Bitcoin until 2017. Already fifteen hundred dollars a coin. But I'm glad I took action. I didn't sit on the sidelines and be like I'll buy it when it goes to 500. Instead I started selling, getting loans, buying up all the bitcoin I can buy because I just knew, you know, this thing was going to gap higher and lo and behold by the end of that year, 20,000, that was pretty massive. Come up my inauguration year. Then naturally we went into the bear. 2018, 2019, then year, the next having was 2020, right? And that resurrected the bull and then 2021 we hit the 69,000 all time high back in November and it's crazy. We're below that price five years later. Take advantage of the bitcoin man, you can double your stack and do what it do and before you know it we'll be gapping higher to hundreds of thousands of dollars and millions of dollars per coin. You be like damn I should have bought more bitties in the 60s. I had an opportunity in 2026 but I got greedy. I figured I'll wait till it falls to 10,000 a coin cuz Terence Howard claim it it was going to die. You know Dan Pena scared me. He said Putin was behind bitcoin. It was going to crash and go to zero. Number one in finance and crypto on the rumble. Way to go JV. 1 million by the end of this year says the Oracle will strike the gong for that. Keep the bullish hope alive. I dig it. We have 10x before JV. It's only a matter of time. Agreed. You know what I mean? Agreed. 100% 10x this baby and then let's 10x it again and again and again until we get to that end game. $sat parody 15x no 1500x from here. That's $sat parity. $1 million per coin. $1 per sat. Send it. 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.