2331: BlackRock Overtakes Saylor - 1.63 Million Bitcoin Now Locked Away

Summary

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Podcast Summary: Bitcoin News Alerts | Episode 2331

Title: BlackRock Overtakes Saylor - 1.63 Million Bitcoin Now Locked Away
Date: May 7, 2026
Host: JV (Bitcoin News Alerts) with Fed Chair Nipinator Spot
Featured Guests: Strategy CEO Fung Li, Eric Trump, Colonel Douglas McGregor, others

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Episode Overview

This fiery episode captures a seismic shift in Bitcoin’s macro landscape: BlackRock’s iBIT ETF has surpassed Michael Saylor’s Strategy (MicroStrategy) as the world’s largest institutional holder, with both entities now controlling a combined 1.63 million BTC—about 8% of all Bitcoin in existence. The hosts discuss what this means for market dynamics, price action, institutional strategies, game theory between ETF giants, and the accelerating retreat of available supply as institutional and sovereign adoption ramps up. The tone is animated, maximalist, and at times conspiratorial, with urgent, conviction-heavy encouragement to "stack hard" before Wall Street, governments, and mega-corps consume all remaining liquid Bitcoin.

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Key Discussion Points and Insights

1. Market Structure and Supply Shock

• BlackRock Overtakes Saylor
  • BlackRock’s iBIT ETF now holds 821,229 BTC, overtaking Strategy’s (MSTR) 818,334 BTC. Total: 1.63 million BTC locked up by just two entities, nearly 8% of Bitcoin’s supply ([01:17]).
• Permanent Market Shift
  • Institutional buyers (ETFs, large corporations, governments) are “absorbing the supply in real time” and now outpace retail demand.
  • Each cycle, less Bitcoin returns to market; exchange balances keep hitting new lows.
  • “The buyers are getting bigger, the supply is getting smaller, and the market is starting to break upwards” ([05:40]).
• Scarcity & Irreversible Hoarding
  • “Millions of bitcoin are permanently lost. Millions more are in cold storage with long-term holders who refuse to sell” ([03:52]).
  • With only 450 new Bitcoin minted per day—and halvings every four years—the available float is shrinking rapidly ([01:17], [03:52]).

2. Institutional and Governmental Accumulation

• ETFs Dominate
  • Inflows accelerating; over $1B in ETF purchases just this week ([09:09]).
  • “It almost seems surreal. And they’re still buying” ([02:11]).
• Governments Enter the Fray
  • The White House to announce a US “Bitcoin strategic reserve” within weeks ([02:38], [11:17]).
  • Trump family’s American Bitcoin acquires 500 BTC ($360M), while BNY Mellon boosts exposure to MSTR ([03:01], [13:11], [11:17]).
• Mega-Banks and Corporations
  • BNY Mellon holds over 1 million MSTR shares; big banks hiring for high-paying Bitcoin-focused jobs ([13:11], [09:27]).

3. Network Effect & Bitcoin Payments

• Explosive Adoption
  • “A new business starts accepting Bitcoin every eight seconds. The network effect is no longer theoretical, it’s happening in real time” ([03:16], [12:37]).
  • Over 88,000 merchants now accept Bitcoin ([03:11]).
  • Square auto-enrolls eligible businesses for Bitcoin payments, converting instantly to fiat if desired ([12:41]).

4. Game Theory Among ETF Titans: BlackRock vs. Saylor (Strategy)

• Competition to be the first to hold 1 million BTC
• JV: “Who’s going to hit 1 million Bitcoin first, BlackRock’s iBIT ETF or Saylor’s Strategy? Let me know.” ([06:15])
• Saylor’s mentality: “Bitcoin can go to a dollar, we’re not getting liquidated, we’ll just buy up all the Bitcoin” ([04:19]; confirmed again at [14:59]).

5. Bold Predictions & Macro Outlook

• Price Targets
  • VanEck’s Matthew Siegel: “$1 million Bitcoin is now the base case” ([04:42], [21:20]).
  • Jack Mallers: Bitcoin targets a $500 trillion market, could 100x-200x from here—potentially $10M–$20M per coin ([04:42], [15:53], [16:13]).
  • Colonel Douglas McGregor: “Bitcoin can go from $10,000 to $1,000,000 very quickly. It’ll go like a rocket” ([17:44]).
• Sovereign & Monetary Shift
  • Fung Li (Strategy CEO):

    “Ten years out we have a finance world that is fully decentralized…Bitcoin becomes the digital reserve asset of the world…[governments] will own gold, they’ll own the US dollar, and we’ll be the largest holder of bitcoin in the world.” ([10:52])

6. Unique Bitcoin Attributes

• Absolute scarcity: “Only 21 million will ever exist. No central bank can print more. No government can inflate the supply.” ([03:40])
• Unconfiscatable, permissionless, resistant to supply debasement ([17:56]).

7. Policy & Global Taxation

• Thailand introduces 0% capital gains tax on BTC and crypto ([14:01]).
• Skepticism US will follow, except maybe for micro-payments; JV lives in Puerto Rico for tax reasons ([14:11]).

8. Memorable Anecdotes, Color, and Commentary

• JV and Fed Chair relive their missed buys before 2014, emphasizing everyone “pays the price [for Bitcoin] they deserve” ([23:33]).
• “Retard of the day” segment: cautionary tale of a 20-year-old who stole $250M in BTC, flaunted wealth, and quickly got caught ([18:46]–[20:25]).
• Max Keiser classic: The case for “behead the bankers” after fraud ([22:09]).

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Notable Quotes

• JV: “Bitcoin market just broke permanently. The largest institutions on earth are no longer waiting for lower prices…once enough bitcoin gets locked away, price…reprices violently.” ([00:59])
• Fed Chair Nipinator Spot: “Bitcoin has something no other asset on earth has: absolute scarcity. Only 21 million will ever exist. No central bank can print more.” ([03:40])
• Strategy CEO Fung Li:
  “Ten years out…bitcoin becomes the digital reserve asset of the world. Governments…will own gold, they’ll own the US dollar, and we’ll be the largest holder of bitcoin in the world.” ([10:52])
• Eric Trump: “I believe bitcoin is going to go to a million dollars. I believe bitcoin is going to go to more than a million dollars.” ([12:04])
• Jack Mallers: “Bitcoin is going after a market of 400 to 500 trillion dollars…and right now it’s 2.5 trillion. In purchasing power terms bitcoin can go up 100 to 200 times from here.” ([16:13])
• Colonel Douglas McGregor:
  “Bitcoin can go from 10,000 to a million very, very quickly…there will be speculation, there will be problems…but I think ultimately it will prevail.” ([17:44])
• Crypto Strategist (re: Saylor’s plan):
  “Buy 25% of the Bitcoin network on behalf of the US government…sell all the US gold, buy bitcoin. You demonetize the entire gold asset class…We’d control the world’s reserve capital and currency network.” ([20:36])
• JV: “Everyone pays for Bitcoin at the price they deserve…think how early we still are as the majority of the world still don’t understand bitcoin.” ([23:41])

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Important Timestamps

• BlackRock Overtakes Saylor – 1.63M BTC Locked (01:17)
• Institutional Buying vs. Shrinking Supply (02:11 – 05:40)
• “Who will reach 1M BTC first, BlackRock or Strategy?” (06:15)
• Fung Li: World Reserve Asset Vision (10:52)
• White House Bitcoin Strategic Reserve Announcement (11:17)
• Eric Trump, $1M+ Bitcoin “Trillions and Trillions” Prediction (12:00)
• Auto Bitcoin Merchant Enrollment, Massive Adoption (12:37)
• Thailand’s 0% Cap Gains Tax (14:01)
• Jack Mallers, 100x–200x Price Prediction (16:13)
• Col. Douglas McGregor: Bitcoin Rocket Scenario (17:44)
• Retard of the Day: $250M Bitcoin Heist Gone Wrong (18:46)
• Saylor’s Reserve Strategy/Game Theory Segment (20:36)
• Max Keiser “Behead the bankers” Clip (22:09)
• Personal Missed Opportunities, Early Adopter Regrets (23:33)

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Tone, Language, and Closing

The hosts maintain a brash, unapologetic BTC maximalist edge throughout, challenging listeners to “stack hard” before institutional hoarding and national adoption lock out the little guy. They heap scorn on altcoins, call for radical policy shifts, and champion Bitcoin’s “absolute scarcity” as the most important new monetary principle on earth. The episode is a call to arms, stressing that a permanent supply shock looms—and “this time really is different.”

Outro Message:

“BlackRock and Strategy alone already locked away over 1.6 million Bitcoin. So what happens to the price when the rest of Wall Street starts competing for what’s left?” ([24:23])
“Bitcoin will moon. It has to soon.” ([23:26])

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For more info and the full premium experience, check bitcoinnewsalerts.net for video and Q&A participation.

HODL.

Transcript

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[JV (Podcast Host)]

The Bitcoin market just broke permanently. Because the largest institutions on earth are no longer waiting for lower prices. They're absorbing the supply in real time. And once enough bitcoin gets locked away, price stops moving normally and it reprices violently. And after what just happened between Black

[Fed Chair Nipinator Spot]

Rock and Sailor, that process may already be underway. Check this out. Black Rock just overtook Michael Sailor. Think about that. Ibit now holds 821,229. Bitcoin strategy holds 818,334 bitcoin combined. That's over 1.63 million bitcoin locked away gone from the open market. Nearly 8% of the entire Bitcoin supply controlled by just two entities. Think about how insane that is. More than 20 million Bitcoin have already been mine. Less than a million left to go and it won't end until the year 2140. And we get 450 new Bitcoin minted per day. And that supply is going to get cut in half in another two years at the next having and continue every four years. Yet two buyers alone have absorbed over 1.6 million BTC.

[JV (Podcast Host)]

It almost seems surreal. And they're still buying. This is the part most people still don't understand. Bitcoin is no longer being driven by retail speculation. It's being absorbed by the ETFs, the corporations, the governments, Wall street capital that does not stop buying. Meanwhile, exchange balances keep collapsing. Long term holders aren't selling and every cycle less bitcoin returns to the market. That's why this cycle feels different. Because eventually Wall street realizes something terrifying. The Bitcoin they plan to buy later may already be spoken for. Gone. And the signs are already everywhere. The White House just confirmed the major Bitcoin strategic reserve announcement coming. Within weeks, the Trump's family bitcoin mining company just acquired another 500 bitcoin worth roughly 360 million BNY. Melon, one of the largest financial institutions on earth, just increased exposure to strategy, now holds over 1 million shares. The CME Group is launching regulated Bitcoin volatility futures, the first of its kind. And over 88,000 merchants now accept Bitcoin.

[Fed Chair Nipinator Spot]

And the number keeps growing.

[JV (Podcast Host)]

A new business starts accepting Bitcoin literally every eight seconds. The network effect is no longer theoretical. It's happening in real time. And while adoption accelerates, available supply keeps disappearing.

[Fed Chair Nipinator Spot]

Think about what that means.

[JV (Podcast Host)]

Adoption is accelerating while available supply keeps shrinking. This is not normal market behavior.

[Fed Chair Nipinator Spot]

That is how markets break upwards.

[JV (Podcast Host)]

Because Bitcoin has something no other asset on earth has.

[Fed Chair Nipinator Spot]

Absolute scarcity. Only 21 million will ever exist. No central bank can print more.

[JV (Podcast Host)]

No government can inflate the supply. No, no bailout can create new coins. And the amount actually available to buy

[Fed Chair Nipinator Spot]

today is dramatically smaller than most people realize. Millions of Bitcoin are permanently lost.

[JV (Podcast Host)]

Millions more sitting in cold storage with long term holders who refuse to sell. Now we layer in the institutional demand

[Fed Chair Nipinator Spot]

on top of the shrinking supply. Black rock keeps buying, Strategy keeps buying. ETFs keep buying. Corporations keep buying, especially on the dips. Michael Sailor recently mocked the idea that

[JV (Podcast Host)]

strategy would ever be forced to sell Bitcoin.

[Fed Chair Nipinator Spot]

His response? Bitcoin can go to a dollar. We're not getting liquidated. We're just going to buy up all the bitcoin. And that sounds insane to people today, but so did $100,000 bitcoin at one time. And so did the ETFs and nation state adoption. So did public companies holding Bitcoin on the balance sheet. Now all of that is reality. Vanx Matthew Seagull says $1 million Bitcoin is now the base case.

[JV (Podcast Host)]

Jack Mer said Bitcoin is targeting a

[Fed Chair Nipinator Spot]

4 to $500 trillion market. Eric Trump says trillions and trillions of

[JV (Podcast Host)]

dollars are coming in.

[Fed Chair Nipinator Spot]

And for the first time that no longer sounds exaggerated because Bitcoin is no longer competing with alts, AKA coins, tech stocks, speculative trades.

[JV (Podcast Host)]

It's competing with gold, sovereign debt, real

[Fed Chair Nipinator Spot]

estate, fiat reserves and the global monetary storage itself.

[JV (Podcast Host)]

That's why this market feels different, because

[Fed Chair Nipinator Spot]

the buyers are becoming larger more permanent and more aggressive while the available supply keeps shrinking. Eventually the market reaches a point where the remaining liquid Bitcoin simply cannot satisfy institutional demand. What happens when the institutions still waiting realize that Black Rock strategy, ETFs and governments are the long term holders already absorbed the supply? Because at that point Bitcoin doesn't go up slowly, it gaps violently upwards until the market finally forces somebody to sell. And if you think this sounds extreme,

[JV (Podcast Host)]

that's a good thing because what's happening underneath this market is even more aggressive to than people realized. The buyers are getting bigger and bigger and the available supply is getting smaller and smaller. And that gap between those two things is starting to break the market structure itself.

[Fed Chair Nipinator Spot]

Look at this. This is the Bitcoin race between strategy and Black Rock's ibit.

[JV (Podcast Host)]

IBIT just overtook strategy as you can see here with their latest buy of 3,083 bitcoin.

[Fed Chair Nipinator Spot]

That's because Sailor decided to take a week off and that's what happened.

[JV (Podcast Host)]

Now Larry Fink got the primary bitcoin

[Fed Chair Nipinator Spot]

holdings in the world. It's neck and neck. My question to you, who is going to hit 1 million Bitcoin first? Will it be Black Rock's Ibit ETF or Sailor's Strategy? Let me know. Sailor just tweeted today buy more bitcoin than you can sell. He also tweeted today the most important chart in finance. We transform digital capital Bitcoin into digital credit STRC and digital equity Ms. STR

[JV (Podcast Host)]

and if you're not familiar with strc

[Fed Chair Nipinator Spot]

he must be living under a rock. But that's his vehicle which he has

[JV (Podcast Host)]

engineered to ultimately pay the 11 and

[Fed Chair Nipinator Spot]

a half percent annual dividend. And he's been raising billions of dollars

[JV (Podcast Host)]

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[JV (Podcast Host)]

Every Style, Every Home welcome everyone to today's pod. This is episode 2331. I'm your host JV alongside Fed chair Nipinator spot.

[Fed Chair Nipinator Spot]

Bitcoin ETFs have bought over a billion dollars worth of Bitcoin this week, so the inflows from the institutions are accelerating once again. You already know.

[JV (Podcast Host)]

Also, this just in.

[Fed Chair Nipinator Spot]

14 trillion dollar BlackRock publishes report stating

[JV (Podcast Host)]

that adding Bitcoin to your portfolio produces compelling results.

[Fed Chair Nipinator Spot]

Check this out. Where to Consider Funding Alternatives in a Portfol after selecting an alternative diversifier, the next step is considering how to source the new allocation. The BlackRock target allocation model Portfolio Solution team funds most of their alternative allocations from fixed income. The exception to this funding decision is Bitcoin. We believe it's much higher volatility profile makes equities a more appropriate funding source. Note 2 that with such high volatility profile, little Bitcoin can go a long way. Yeah, I mean look at how successful this their IBIT Bitcoin ETF is. It's the most successful ETF in existence and it just launched two years ago. Let that sink in. 800,000 plus Bitcoin accumulated in two years by BlackRock. It's crazy. This just in as well. Wall street firms are now hiring for dozens of bitcoin and crypto jobs as reported by Bloomberg. You can see JP Morgan base salary 171 to 260,000 for senior lead software engineer for digital asset team. Morgan Stanley is hiring for positions Payne up to 265,000. BlackRock 270,000 bank of America 200,000 Citigroup 300. And the list goes on and on. That's because crypto, especially bitcoin, it's the future. And so they're preparing big time strategy. CEO Fung Li just said bitcoin will become a reserve asset of the world.

[Strategy CEO Fung Li]

Ten years out we have a finance world that is fully decentralized. Finance has eaten up traditional finance and bitcoin becomes the digital reserve asset of the world. Right. It'll be as important as the US Dollar. Governments around the world will be owning bitcoin. They'll own gold, they'll own the US dollar, and we'll be the largest holder of bitcoin in the world.

[JV (Podcast Host)]

Yeah. Do you think bitcoin will become a world reserve asset one day? The global reserve asset of the world? And if so, where do you think the bitcoin price will likely be by that time? Breaking news, White House confirmed the bitcoin strategic reserve big announcement is only weeks away. This is going to be massive and hopefully they take immediate action and start stockpiling massive bitcoins for the United States of America. And speaking of the United States, we have the Trump family miner American bitcoin just acquired another 500 bitcoin worth 360 million. That's right. They keep buying the dip.

[Fed Chair Nipinator Spot]

Buy now or forever hold your peace.

[JV (Podcast Host)]

Eric Trump just dropped a nuclear prediction saying bitcoin's going to. More than 1 million trillions and trillions

[Fed Chair Nipinator Spot]

of dollars are coming.

[JV (Podcast Host)]

The financial institutions all realize that they've lost.

[Fed Chair Nipinator Spot]

I believe bitcoin is going to go to a million dollars. I believe bitcoin is going to go to more than a million dollars.

[JV (Podcast Host)]

I've said that over and over and over and I've never had more conviction than right now. So bottom line, let me summarize what he's saying. Checkmate.

[Fed Chair Nipinator Spot]

We won.

[JV (Podcast Host)]

That's a beautiful thing. CME Group launches a Bitcoin volatility futures on June 1st pending CFTC approval right now. This is the first regulated volatility derivative for bitcoin. So this is kind of a big deal. Also, there's now over 800 8,000 square merchants accepting Bitcoin payments.

[Fed Chair Nipinator Spot]

A new business accepts bitcoin every eight seconds.

[JV (Podcast Host)]

Let that sink in.

[Bitcoin Market Analyst]

So where are we? A couple weeks ago we announced Bitcoin payments auto enrollment for eligible businesses. Which means we're turning Bitcoin payments on seamlessly in the background without the merchant having to even know what Bitcoin is. When they get paid, it's converted to fiat into their normal account. And for them it's just like a card payment but with no processing fee in the middle.

[JV (Podcast Host)]

Pretty amazing.

[Fed Chair Nipinator Spot]

Merchants are being orange pilled and they don't even know it. Welcome to the next wave of bitcoin.

[JV (Podcast Host)]

Now this just in as well. 2.1 trillion dollar BNY Melon just disclosed it bought over 101, 000 shares which is $19 million worth the Bitcoin treasury company MSTR and now holds a total

[Fed Chair Nipinator Spot]

of 1 million shares.

[JV (Podcast Host)]

So they're adopting and it's pretty wild how many of the big financial giants are heavily invested into mstr, which is known as strategy Michael Sailor's company.

[Fed Chair Nipinator Spot]

And in fact, if you look up

[JV (Podcast Host)]

the primary shareholders right now Vanguard owns

[Fed Chair Nipinator Spot]

roughly a 9% stake and BlackRock is right behind it. And if you dig a little deeper, you're going to Discover Vanguard and BlackRock own a piece of virtually all the companies in the S&P 500, including the largest bitcoin companies in the world. Thailand officially implement 0% capital gains tax on bitcoin and crypto Now, I've always loved Thailand. I spent the month out there many years back as one of my favorite countries in the world. Zero percent capital gains tax.

[JV (Podcast Host)]

I hope there's a domino effect and other countries like the United States implement it. However, I'm very skeptical that the US will ever treat capital gains tax at 0% on Bitcoin and crypto, though we've heard rumors about it. I'm just always going to remain skeptical because the US always seems to increase taxes, not reduce taxes.

[Fed Chair Nipinator Spot]

If there was a special tax break

[JV (Podcast Host)]

on crypto specifically in the US I feel it will be for micro payments, like buying a cup of coffee for

[Fed Chair Nipinator Spot]

$5 or maybe things under 20 bucks, maybe 100 or $200, but major purchases. I'm highly skeptical and that's why I live in Puerto Rico. Look it up. But yeah, I don't trust my government

[JV (Podcast Host)]

as you can tell.

[Fed Chair Nipinator Spot]

Sailor says a lot of people don't really think they're like, oh my God, MicroStrategy is going to get liquidated.

[Crypto Strategist]

A lot of people don't really think they're like, oh my God, microcharge is going to get liquidated. At bitcoin, it's like, well, dude, no, bitcoin could go to a dollar. A dollar a bitcoin, we're not getting liquidated. We're just going to buy all the bitcoin. If it goes to a dollar bitcoin, that's going to go back up again.

[JV (Podcast Host)]

Well, I hope I can buy up all that bitcoin at a dollar before Michael Saylor, but the truth is it'll never. So many people believe in bitcoin, such as us, and we would just buy it on the way down. And there's plenty of big pockets out. Even like Adam back has like a buy order at like around a dollar just in case it ever did crash that low, he'd buy up all the bitcoin. And there's a lot of others who think that way as well.

[Fed Chair Nipinator Spot]

But that's hopeful thinking. I mean, we, we can pray bitcoin

[JV (Podcast Host)]

goes to a dollar so we can all be rich and buy it, but that's not going to be the case. I'm highly doubtful we'll ever have that type of crash. I mean, if it was going to go to zero or a dollar, it would have already happened a very, very long time ago. Jack Mahler said Bitcoin will 200x from

[Fed Chair Nipinator Spot]

here let this sink in because a 100x is ultimately 10 million per coin, which I've been prophesizing for a while now. So 200x is virtually 20 million from 100,000 price action. He says Bitcoin is going after a $500 trillion market.

[Commercial Announcer]

Is a bitcoin heading higher?

[Bitcoin Market Analyst]

Higher.

[Commercial Announcer]

How much higher?

[Fed Chair Nipinator Spot]

A lot higher.

[Bitcoin Market Analyst]

I think bitcoin's going after that market. It's going after a market of 400 to 500 trillion dollars worth and right now it's two and a half trillion. So I think in purchasing power terms, bitcoin can go up 100 to 200 times more from here.

[JV (Podcast Host)]

All I got to say to that, send it. I get excited hearing these predictions, especially 100x. I get excited over a 10x save

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[JV (Podcast Host)]

Colonel Douglas McGregor said Bitcoin can go from 10,000 to $1,000,000 very quickly. It'll go like a rocket when he was recently interviewed with Natalie Brunel here.

[Colonel Douglas McGregor]

Bitcoin can go from 10,000 to a million very, very quickly. Now it's not going to be perfect. There will be speculation, there will be problems. It's a bumpy road but I think ultimately it will prevail because you can also do business with it.

[JV (Podcast Host)]

Yeah, because you can't sanction bitcoin, they can't control bitcoin and properly self custody bitcoin cannot be confiscated by any corrupt government regime. And that's why we're so bullish on bitcoin. It's perfect money and the first time money we have a form of with absolute scarcity, a finite limited supply, you can't find more in the ground like gold or diamonds. And look what happened to the diamond market. Just as an example, it crashed. It's at an all time low.

[Fed Chair Nipinator Spot]

Why?

[JV (Podcast Host)]

They figured out how to create lab grown diamonds for one fifth the price. What does that do to the diamond market? When they introduce more supply, it makes all the diamonds worth a lot less. So that can never happen with bitcoin. This is the day.

[Fed Chair Nipinator Spot]

Check this out.

[JV (Podcast Host)]

A 20 year old stole virtually a quarter billion dollars worth of bitcoin, then bought this girl a Lamborghini and funded her luxury lifestyle.

[Fed Chair Nipinator Spot]

Now facing life in prison.

[JV (Podcast Host)]

While she claims she doesn't know him,

[Fed Chair Nipinator Spot]

he lost the bitcoin and the bit girlfriend.

[JV (Podcast Host)]

This is the man here. He looks like he's a boy, looks about 12 years old, but he's Asian. And so if you ever pull off a quarter billion dollar heist, you got

[Fed Chair Nipinator Spot]

to be low key. And because you were stupid enough to

[JV (Podcast Host)]

buy this girl like a fifty thousand dollar bag and a Lamborghini and do

[Fed Chair Nipinator Spot]

all these expenditures, you've been busted. And now you probably will face the rest of your life in prison. Hence, retard of the day.

[JV (Podcast Host)]

Here's a small clip from the girl.

[Witness in Bitcoin Heist Story]

Me and my two girlfriends walk over to the section and this kid, I'm gonna refer to him as like a kid. I mean, he was definitely over the age of 18 or 21, hopefully because he was at the club, but he looked pretty young. He comes towards me and he's like, I got this for you. And he hands me the box that this is in. It came in like the actual Hermes box. It's downstairs in my kitchen.

[Fed Chair Nipinator Spot]

I don't feel like bringing it up,

[Witness in Bitcoin Heist Story]

but he opens it and he's like, do you like it? And I was like, yeah, I do. But like, is it real? And he was like, of course it's real. Like it's for you. You can have it and just walks away.

[JV (Podcast Host)]

If you get away with a quarter billion dollar heist, be a little low profile. You don't want to be going to the club with your boys, dropping millions of dollars. You'll get busted, then they're going to look into you and figure you out, where'd you get all this money? It's not typical for kids to be

[Fed Chair Nipinator Spot]

dropping millions of dollars at the nightclub, impressing women, handing out $50,000 Hermes bags,

[JV (Podcast Host)]

just saying retard of the day. If you got a nominee for retard of the day for tomorrow's show, let

[Fed Chair Nipinator Spot]

me know in the comments. Did Saylor just lay out America's plan to rug pull bricks by adopting bitcoin and dumping gold? Check this one out.

[Crypto Strategist]

Buy 20 or 25% of the Bitcoin network on behalf of the US government. Catalyze the development of that world reserve capital network, and then let all the Chinese and the Russians and the foreigners sell all their other assets and buy bitcoin and then the flows into the United States. Dump your gold, sell all the US gold, buy bitcoin. Then the trade is free because you could buy 5 million bitcoin for the cost of the gold. You will demonetize the entire gold asset class. And our enemies hold gold in their banks. So their assets would go to zero, our assets would go to $100 trillion. And we would control the world's reserve capital network as well as the world's reserve currency network.

[Bitcoin Market Analyst]

Wow.

[JV (Podcast Host)]

And he makes it seem so simple. Imagine that. The United States dumping their gold reserves and trading it for the apex predator or even printing Worthless fiat and buying up all the bitcoin in existence. The first country to do that is going to have a head start against the rest of the world. Vaneck head of digital asset research Matthew Siegel says $1 million Bitcoin is the base case. Vanex trying to strike a chord and is probably a miner. Bitcoin miner. That is also flashback to when Max Kaiser gifted Russell brand 1000 Bitcoin. After this interview, of course Russell Brand claims he lost them all. Smart man. And 1000 bitcoin today is virtually $80 million. This is one of those classic Max Kaiser clips. Shout out to the high priest, don't

[Activist or Commentator]

say, oh, I'm sorry Mr. Banker, is there something I can get you? Oh, you're just a little baby in the woods. Just because you committed massive fraud doesn't mean we're going to penalize you. Please Mr. Banker, don't hurt my house price. No, they should be taken down the tower and their heads should be chopped off so that other bankers see that and say, you know what, maybe I won't commit fraud this week. Maybe the executives of Wanda won't be thinking, hey, how did we rip the system off by gaming the system and sending out fake lawyers again. Because Joey, our CEO, his head is on a pipe over there by the Tower of London.

[Fed Chair Nipinator Spot]

There you go. Behead the bankers and make decapitation great again.

[JV (Podcast Host)]

Now Apple CEO Tim Cook says, I own bitcoin. I think it's interesting. We also have Steve Wozniak who is a bitcoiner. He's openly spoke out about it. There's the latest what's happening in the market. You can see the trend is clear. There is a race for bitcoin accumulation.

[Fed Chair Nipinator Spot]

The world's first finite store value. Perfect money, pristine collateral and Strategy and BlackRock collectively have 1.6 million, roughly 8% of the entire supply there will ever be. Who's going to hit a million first and where's the bitcoin price likely to go by the time they each have over 1 million bitcoin? Let me know in the comments below. Bitcoin will moon. It has to soon.

[JV (Podcast Host)]

I agree with that. I think we'll break that 126 firmament

[Fed Chair Nipinator Spot]

and be back in price discovery stat. It's game time.

[JV (Podcast Host)]

I kick myself for not understanding how to buy bitcoin in October of 2013.

[Fed Chair Nipinator Spot]

I would have been retired today. Well, don't beat yourself up.

[JV (Podcast Host)]

We all pay for bitcoin at the price we deserve and we have many stories like this. Like I have a friend who sent

[Fed Chair Nipinator Spot]

me a book on bitcoin back in 2014. I don't recall ever seeing the book,

[JV (Podcast Host)]

but he shared the proof of work.

[Fed Chair Nipinator Spot]

He showed me the Amazon receipt of the book being shipped to my house. I'm like, oh my God, that's crazy. What if I would have got in three years earlier? Bitcoin was like 500. Instead I had to pay 1500. Oh no. But then at the same time, think how early we still are as the majority of the world still don't understand bitcoin. They still don't understand how money is created. They still don't understand the Federal Reserve. There's nothing federal about it and there's no reserves.

[JV (Podcast Host)]

BlackRock and Strategy alone already locked away over 1.6 million Bitcoin.

[Fed Chair Nipinator Spot]

So what happens to the price when the rest of Wall street starts competing for what's left?

[JV (Podcast Host)]

And don't forget to check out bitcoin newsalerts.net for the full premium experience with video and to participate in the live stream along the Q and A. And I look forward to seeing you on tomorrow's episode. Hoddle.

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