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[00:00]
A
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.
[00:23]
B
Hey there, it's Wayfair. Here we're where delivery and setup are as easy as a few taps on your phone. You're relaxing in an old hammock, scrolling Wayfair's app when you spot it, a brand new patio set. Next thing you know, Wayfair delivers it right to your patio and sets it up. Oh, you need a new grill too. All right, Wayfair's got you covered. With Wayfair's room of choice delivery and fast expert setup on qualifying orders, life gets a little easier. Visit Wayfair.com or the Wayfair app.
[00:50]
A
Wayfair Every style, every home. The people getting rich in bitscoin are not smarter than everyone else. They're just looking at a different scoreboard. There's actually only two ways to buy bitcoin. Number one, from someone who wants to sell, or number two, from someone forced to sell. That's it. Bitcoin doesn't produce more bitcoin. And it doesn't issue new shares. It doesn't announce secondary offerings. And there will only ever be 21 million. And every year, more of them disappear into wallets which are not selling. That's why this story matters. Because most of the biggest bitcoin buyers on earth just got more aggressive. Sailor, for example, just announced strategy acquired 1550 more Bitcoin for roughly 101 million. That brings their total holdings as of today to 845, 256. Let that sink in. One company now controls 4% of all the bitcoin that will ever exist. And according to Sailor, this is only the beginning. He recently warned that once the United States starts buying bitcoin, other nations will not sit still. If America acquires 1 million Bitcoin, China and every other major country will eventually be forced to follow. Think about what that really means. For the first time, bitcoin isn't competing with other investments. It's competing with governments. Every bitcoin strategy buys tightens the supply for everyone still waiting on the sidelines. That's the part most people miss. When strategy buys bitcoin, they're not just making a trade, they're removing supply, potentially forever. And they aren't the only ones. We also got Black Rock buying ETFs, public companies are buying, nation states are buying. Long term holders continue to accumulate. And people assume there will always be more Bitcoin available later. I'll just buy some later. History suggests otherwise. Five years ago, on this day, El Salvador made Bitcoin legal tender. The country currently holds 7677 Bitcoin. Not because they timed the market, but because they kept buying every single day. Now imagine El Salvador Strategy. Black Rock ETFs, public companies, sovereigns and eventually nation states all competing for the same 21 million finite limited supply. And that's not a prediction. It's already happening. Meanwhile, the amount of Bitcoin available for sale continues to shrink. Estimates are 1.9 million liquid available supply, which you can actually buy on the exchanges. That's the real story. It's not the price, it's the inventory. Because eventually every market reaches the same point. The point where demand keeps rising while supply stops showing up. That's when the prices have to adjust. Not because buyers want to pay more, but because they have to pay more. That's why Hal Finny's famous prediction still matters today. Back in 2009, when Bitcoin was worth essentially zero, he imagined the future where each Bitcoin could be worth the $10 million per coin. Most people laughed. People still laugh at 10 million. It's crazy, right? But it sounded ridiculous, especially back then. Today the largest institutions in the world are acting like Bitcoin is far more scarce than the market realizes. That doesn't happen when an asset is becoming less valuable. It happens when the available supply keeps disappearing. Which brings us back to the original point. The are only two ways to buy Bitcoin. From someone who wants to sell or from someone who is forced to sell. So the question is this. As more Bitcoin moves into stronger hands, who exactly is going to sell to the next wave of buyers? Now I want to share with you the receipts of what's really happening behind closed doors. Especially with this headline. Michael Sailor warns, when the USA buys 1 million Bitcoin, China and every country will soon follow. Check it out. Pretty market does ripples through South America, it ripples through Africa, it ripples through Europe, it ripples through the Middle east, it goes to Canada, goes to Australia, it even goes to Hong Kong. Even the Chinese will copy what the US is doing. So it's very, very profound inflection. So very simple concept. It's called game theory. This was prophesied by leaders like Max Kaiser, very Long time ago when everyone wrote off bitcoin, the government's going to ban it. Sell your bitcoin today for Fiat, gold or silver. But Max is like, no, the polar opposite is going to occur. Nations are going to accumulate it and it's going to create a global hash war, which is ultimately bitcoin. Game theory at the nation level. We all know Bukele via El Salvador was the first to make bitcoin legal tender. But it's a very small nation, but also now a very powerful nation because they've completely transformed their country from the murder capital of the world to the safest country in the Americas on the whole western hemisphere, which is unheard of. And that's due to bitcoin. Bitcoin embraces love and peace while Fiat creates and embraces war and violence. Now if the United States of America follows through on that bill which was just proposed, the bitcoin strategic reserve bill, that's to accumulate 1 million bitcoin over the course of five years, which means 200,000 bitcoin acquired per year. Want to know the kicker? They must huddle for a minimal of 20 years. Do you think the rest of the countries in this world would just allow the United States to stockpile bitcoin and not get in on the bitcoin arms race? I think not. I think sailor hit the nail on the head. All these major countries from continents around the world will all start accumulating bitcoin. What do you think that's going to do to the bitcoin price? And especially with the current scarcity, if there's only 1.9 million liquid float available right now in the market, how do you even buy that much bitcoin? That's my question for you. So you guys think the institutions are a big deal? I say that's nothing compared to the nation state adoption which is just starting to begin. And this summer we have the Clarity Act. If that passes, the big deal behind it is access. This gives the big banks, the institutions and large pools of capital worth hundreds of trillions of dollars the green light to flow into bitcoin. That's going to be the game changer. And it's already summer, so I can't freaking wait. Ryan Reynolds here from Mint Mobile. I don't know if you knew this, but anyone can get the same Premium Wireless for $15 a month plan that I've been enjoying. It's not just for celebrities. So do like I did and have one of your assistant's assistants switch you to Mint Mobile today. I'm told it's super easy to do@mintmobile.com
[08:07]
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Switch upfront payment of $45 for three month plan equivalent to $15 per month required intro rate first three months only, then full price plan options available. Taxes and fees extra.
[08:17]
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See full terms@mintmobile.com CFTC regulated spot margin trading is now live on Kraken Pro Trade with up to 10 times leverage, long or short. Your crypto as collateral. The conviction was always there. Now the platform is too. Unleash your trading potential. Download Kraken Pro on the App Store or Google Play. Spot margin trading involves substantial risk of loss and is not suitable for everyone. Leverage magnifies gains and losses. View Ninja Trader Disclosures for more information on brokerage surfaces. Geographic restrictions apply.
[08:47]
A
Terms apply welcome everyone to today's podcast, episode number2363. I'm your host JV today is 6-9-2026. Saylor just posted this today Business is good. And you can see here they currently have 845,256 Bitcoin which is 4.03% of the total bitcoin supply that there will ever be in existence. And you could also see their bitcoin yield year to date 9.7%. You can see their bitcoin gain year to date already 73,660 Bitcoin and some good data here of course. And their bitcoin yield last year was actually 22.8%. So you can say that again. Business is good. Now some people believe Michael Sailor's company strategy will ultimately go bankrupt and every all the shareholders will lose all their money. People like Peter Shift are praying this happens and other, you know, bitcoin trolls as well. So Sailor can go out as the richest man in the world or a disaster losing right now. What are they worth? $50 billion? I think the most probable scenario is Sailor becomes the richest man in the world worth over a trillion dollars. Right now Elon is worth a trillion. But you got to also consider how early we are, how much of a nascent market Bitcoin is right now. What's $1.2 trillion? That's the entire market cap as of today. That's nothing. It's a drop in the bucket when you have hundreds of trillions of dollars of capital which is going to start flooding into bitcoin. And after that happens, if bitcoin gets repriced to 10 million per coin, which I feel is inevitable, you know, Sailor hands down will be the richest man. We'll see what happens. Anyways this is a big deal. Five years ago today El Salvador passed the first bitcoin law that regulated bitcoin as legal tender. Today they own 7,677 one worth almost a half a billion dollars. And as you know, as the bitcoin price returns to all time highs, that's close to a billion dollar bitcoin position. They're not slowing down. They ultimately DCA each and every day shout out to the bitcoin office, Stacy Herbert, Max Kaiser, But I love that it just goes to show you what's possible because if they can turn their nation from the most dangerous to the safest place in this part of the world, it gives hope for the rest of the world if they can only move to a bitcoin standard, you know, so this is the blueprint for the rest of the world. And Bukele is a beacon of light shining that light for the rest of the world to follow. I got to respect it. Now Russia's deputy finance minister just confirmed second reading of a bill to recognize bitcoin as property and allow it in foreign trade. And they say it's a key priority. Global superpowers want the bitcoin and this is a great example of the global hash war. United States, major nation, lots of money and in fact, you know, we print our money out of thin air so they can just print worthless fiat and trade it for the most valuable form of currency or asset in existence with a finite limited supply. The apex predator. Just saying. And then you have Russia, you have China, you have the uae, you got big countries in Latin America like Brazil which has a massive population of hundreds of millions of people. You got Colombia. What happens when all these nations start accumulating bitcoin at the same time? Because nobody wants to be left behind. That's the global hash war. And this is just the beginning. Now this is big news breaking U.S. house tax committee hearing on bitcoin tax reform just officially started. 0% tax on everyday bitcoin payments, the minimus tax payments. Check out this video clip. America needs clear tax rules of the road to remain the crypto capital of the world. Recent data indicate that a quarter of Americans or over 67 million people own cryptocurrency. That's a dramatic increase from only 3% at the start of this decade. Nearly a quarter of cryptocurrency holders own earn less than $75,000 continuing their current growth. Digital assets will only become further integrated into the economy. Americans need simplicity and clarity to own, trade and use digital assets with confidence. Well there you have it. Fam. 0% capital gains tax is what they're proposing for everyday bitcoin payments. De minimis is the terminology. And Cynthia Lummis has been suggesting this bill would likely get passed. What are your thoughts on that and would that impact your daily spending or would it motivate you to spend bitcoin? I know most bitcoiners just hodl their bitcoin as bitcoin is more treated as a savings or store value. But if you incentivize the people to actually use it, such as no capital gains tax, maybe people will actually use it. I say for retail, people should offer discounts. Right? Because if you motivate a bitcoiner to actually use their bitcoin, I think they would. But if there's no incentive then why would they. They can just spend their worthless fiat. Knowing fiat, it's fiat. I don't really got to explain it. But do note I'm highly skeptical that they would ever pass a law in the US where there just be zero percent capital gains tax on all bitcoin transactions because they love collecting their taxes so they can send it overseas to nations which they support. And I'm not going to get into the geopolitical arena right now, but you know exactly what I'm talking about. This guy is a legend. He received the first bitcoin transaction ever. And back in 09 he said if Bitcoin becomes the global monetary system, each coin will be worth $10 million. This was back when Bitcoin was worth zero. So this is a true visionary, may he rest in peace. And I'm actually just going to read you what he actually wrote as an assuming 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. Current estimates of total worldwide household income wealth that I have found range from 100 trillion to 300 trillion. This was back in 09. Today it's like 900 trillion, just FYI. But anyways, with 20 million coins that gives each coin a value of about $10 million. So the possibility of generating coins today with a few cents of compute time may be quite a good bet. I'd say that again with a payoff of something like 100 million to 1. Even if the odds of bitcoin succeed to this degree are slim, are they really 100 million to one against something to think about? That's a great thing to think about. So yeah, he was predicting 10 million per coin before anyone else ever. So long live the legend of Hal Finney. And again, no doubt in my mind, Bitcoin will one day be 10 million. And the same naysayers that are doubting or writing off bitcoin are claiming it's dead. Were the same haters that said bitcoin would never go to 100,000, never go to 10,000, never go to 1,000, never go to 100. Same clowns. But we'll see who gets the last laugh. I'm Kiana and I leveled up my business with Shopify. Once I figured out that Shopify was a thing, I never turned back. I can create a site with my eyes closed. Shopify thinks ahead of us, you know, and it thinks about the customer more than anything. Every day I'm thinking about some other new business, but Shopify is doing it to me because it's so easy to use. It's like I can't store. Stop. I'm addicted. Start your free trial@shopify.com CFTC regulated spot
[16:40]
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margin trading is now live on Kraken Pro Trade with up to 10 times leverage, long or short, your crypto as collateral. The conviction was always there. Now the platform is too. Unleash your trading potential. Download Kraken Pro on the App Store or Google Play. Spot margin trading involves substantial risk of loss and is not suitable for everyone. Leverage magnifies gains and losses. View Ninja Trader disclosures for more information on brokerage services. Geographic restrictions apply.
[17:07]
A
Terms apply now. Scottamucci Anthony Scaramucci said bitcoin has hit a bottom and that it's time to buy. Buy the dip while you still can. Let's listen to what he has to say and a little background here. He has a son called Anthony Jr. AJ and he's the one that bought the Pikachu PSA 10 Illustrator from Logan Paul for over $16 million. So they're riches. If your children are purchasing $16 million Pokemon cards, that's a wealthy man. But check it out.
[17:39]
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It's a self fulfilling prophecy. They look at the thing and say I got to start selling. If the four year cycle theory holds, Bitcoin doesn't recover until the early part of the fourth quarter of 2026, possibly into the first quarter of 2027. What I love about this right now as a market participant though is that everybody hates it. But I think, and again I could be wrong. I at this rsi, usually when it gets to this level you're getting near a bottom. But again, in anything when you're At Max Fear, you're often paid to buy, and when you're at Max Euphoria, you're paid to sell.
[18:10]
A
Well, first and foremost, Gamucci makes a great point. The RSI shows us this is the most advantageous time to buy in recent years. And the RSI is the relative strength index which we currently use for those who are Chartists and such. Now, the bald guy, his name's Novogratz and take anything he says with a grain of salt. That's the same fool that was showing off his Terra Luna tattoo at the bitcoin conference. I don't need to add any commentary to that. But yeah, never get a tattoo of a shitcoin on your arm, please. You shall regret it, mark my words. But anyways, Breaking SBI Shinsei Bank, a major Japanese commercial bank Konichiwa to pay up to 20% of deposit interest in bitcoin and crypto. So the adoption is accelerating around the world. Now I want you to be aware what's happening right now. Massive wipeout across stocks, metals and crypto. 1.88 trillion wiped out in one hour. So it's not just the crypto market correcting right now, it's all the major markets all at the same time. Is this an orchestrated sell off? What's going on? And where does all this money flow into when there's massive widespread market wipeouts like this? This Let me know. The bank of Japan is expected to hike rates again on June 16, which is next week. Every time the bank of Japan has hiked in the past, bitcoin has dumped. Will the pattern repeat or is this time different? Let me know your thoughts fam in the comments. Now for my favorite segment of the day, which is Retard of the day, I'm going to read you this post, Duo9 wrote. I can't believe I'm writing this. I always suspected Cardano may be escaped scam, but I did not realize it was this big. Charles Hoskinson sold over 1.5 billion ADA tokens between 1 and $3 in the 2021 run, then also paid 200 million in ADA to Gavin. He literally dumped billions on his community. He may have dumped more billions still since Crazy. And here's the tweet of the evidence here. May 16, 2025 During 2021 I sold probably 1.5 billion ADA for him between $1 and $3. He also owed Gavin Wood 20 million ADA a month for 10 months. But instead of paying him in kind, I was told to dump and pay cash. Surprised I'M not surprised. Also note I believe the all time high Cardano was once $3. Right now it's closer to 15 cents. And more recently he created a video ultimately given up on his community. So not a good look for Charles Hoskinson. Hence he is Retard of the day. Bring facts. Zero shitcoin tattoos thank God. Hallelujah. Praise Jesus. Four Bitcoin tattoos and I must say you do have some of the most badass ones. RSI 25 out of a hundo equals oversold. This is ultimately a great buying opportunity. According to that indicator, if the United States announced tomorrow it was buying 1 million bitcoin, what do you think the price would be one year later? 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 and A. And I look forward to seeing you on tomorrow's episode. Hodl.
[21:39]
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[22:21]
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Summary5 min read

Podcast Summary

Podcast: Bitcoin News Alerts | Daily BTC Macro Signal
Episode: 2363: $10M Bitcoin Warning - The Supply Shock Returns
Date: June 9, 2026
Host: JV

Episode Overview

This episode unpacks the escalating supply shock in Bitcoin as institutional, corporate, and sovereign accumulation intensifies. Host JV zeroes in on Michael Saylor's latest strategic acquisitions, the growing race among nation-states, and regulatory moves that could open the floodgates for trillions in institutional capital. The discussion also revisits Hal Finney’s legendary $10 million per BTC prediction, contextualizing it against today’s tightening supply and rising demand—underscoring that "it's not the price, it's the inventory."

Key Discussion Points & Insights

1. The Supply Shock Intensifies

Two Ways to Acquire Bitcoin: Buy from a willing seller or someone forced to sell. With more coins locked up in long-term storage and fewer coins circulating, new buyers face mounting scarcity.
Institutional Accumulation:
- Michael Saylor's company, Strategy, just added 1,550 BTC for $101 million, pushing their holdings to 845,256 BTC—over 4% of all that will ever exist.
- "One company now controls 4% of all the bitcoin that will ever exist. And according to Saylor, this is only the beginning." — JV [00:49]
Ripple Effect of Big Moves: Saylor warns that if the U.S. government starts buying BTC, other nations (e.g., China) will follow, igniting an international arms race in Bitcoin reserves.

2. Game Theory at the Nation-State Level

Nations versus Institutions: JV posits that even the largest corporate and institutional buyers pale in significance compared to potential nation-state accumulation.
Legislative Moves:
- US "Bitcoin Strategic Reserve Bill" proposes the nation accumulate 1 million BTC over five years, holding for 20 years.
  - "Do you think the rest of the countries in this world would just allow the United States to stockpile bitcoin and not get in on the bitcoin arms race? I think not." — JV [06:54]
- The Clarity Act could soon allow massive flows of institutional capital into Bitcoin.
Global Hash War: Russia now recognizes BTC as property and allows its use in foreign trade. Countries like Brazil, Colombia, and the UAE are all cited as next in line.

3. El Salvador – A Blueprint for Adoption

Marking the five-year anniversary of El Salvador’s Bitcoin law, JV highlights their daily DCA (dollar-cost averaging) approach, currently boasting 7,677 BTC worth almost $1 billion.
- "If they can turn their nation from the most dangerous to the safest place in this part of the world, it gives hope for the rest of the world if they can only move to a bitcoin standard." — JV [10:23]
El Salvador’s transformation is framed as a beacon for other nations.

4. Hal Finney’s $10 Million Bitcoin Prediction

Revisiting Hal Finney’s 2009 post, JV reads Finney’s argument that if Bitcoin becomes the global payment system, each coin might be worth $10 million.
- Quote: "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… that gives each coin a value of about $10 million." — Hal Finney (read by JV) [13:38]
JV emphasizes how shocking this was at the time and how each milestone brings this outcome closer.

5. Regulatory Developments: 0% Tax for Bitcoin Payments

US House Tax Committee discusses a 0% capital gains (“de minimis”) tax on everyday Bitcoin payments.
- “0% capital gains tax is what they're proposing for everyday bitcoin payments. De minimis is the terminology.” — JV [11:58]
JV’s skepticism: doubts Congress will forgo tax revenue, but notes such legislation could encourage more real-world Bitcoin spending.

6. Market Commentary & Sentiment

Scaramucci’s Perspective: Anthony Scaramucci claims Bitcoin has bottomed and predicts a rebound.
- “If the four year cycle theory holds, Bitcoin doesn't recover until early part of Q4 2026, possibly into Q1 2027. But at Max Fear, you're often paid to buy, and at Max Euphoria, you're paid to sell.” — Anthony Scaramucci [17:39]
Recent Market Volatility: Massive $1.88 trillion wipeout across markets in one hour, not limited to crypto. Host asks if this is coordinated and poses questions about capital rotation.
Japanese Adoption: SBI Shinsei Bank to offer up to 20% deposit interest paid in Bitcoin or crypto, signaling yet another acceleration in mainstream adoption.

7. Community Culture & Notable Moments

JV lampoons rival altcoin founders and communities, particularly Cardano’s Charles Hoskinson, for recent revelations of massive token sales.
- “He literally dumped billions on his community. He may have dumped more billions still since. Crazy… Not a good look for Charles Hoskinson. Hence he is Retard of the day.” — JV [19:29]
Emphasizes Bitcoin-only ethos, advising against altcoin speculation and mocking “shitcoin” tattoos.

Notable Quotes & Timestamps

"There’s actually only two ways to buy bitcoin. Number one, from someone who wants to sell, or number two, from someone forced to sell." — JV [00:49]
“When strategy buys bitcoin, they're not just making a trade, they're removing supply, potentially forever.” — JV [01:28]
“If America acquires 1 million Bitcoin, China and every other major country will eventually be forced to follow.” — Michael Saylor paraphrased by JV [01:09]
"It's not the price, it's the inventory. Because eventually every market reaches the same point. The point where demand keeps rising while supply stops showing up." — JV [01:58]
"Bitcoin embraces love and peace while fiat creates and embraces war and violence." — JV [06:07]
"Scottamucci Anthony Scaramucci said bitcoin has hit a bottom and that it’s time to buy. Buy the dip while you still can." — JV [17:06]

Key Timestamps

[00:49] – Main segment starts: Only two ways to buy Bitcoin and why institutional accumulation is driving the supply shock
[01:28] – Saylor and strategic accumulation
[06:54] – The global hash war and nation-state adoption begins
[10:23] – El Salvador’s transformation to Bitcoin standard
[11:58] – Regulatory update: 0% capital gains tax proposal for Bitcoin
[13:38] – Reading Hal Finney’s $10M Bitcoin prediction
[17:39] – Anthony Scaramucci’s market bottom call
[19:29] – Cardano community criticisms and Bitcoin maximalist culture

Episode Tone

Unfiltered, conviction-driven, and unapologetically Bitcoin-only. JV maintains an energetic, skeptical stance toward altcoins and government promises, sprinkled with memes, sharp criticisms of rivals, and reverence for Bitcoin OGs.

Takeaways for Listeners

The window to accumulate Bitcoin is closing, not because of price—but because of dwindling inventory amidst unprecedented demand from firms, funds, and potentially soon, nations.
Legislative and regulatory changes this summer could catalyze a wave of institutional and sovereign adoption.
Hal Finney—often dismissed—may be vindicated as Bitcoin’s global narrative accelerates beyond even early cypherpunk dreams.
Ignore the noise. Stack hard, stay sovereign, and don’t get left behind.

Loading summary

Transcript12 lines

[00:00]
A
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.
[00:23]
B
Hey there, it's Wayfair. Here we're where delivery and setup are as easy as a few taps on your phone. You're relaxing in an old hammock, scrolling Wayfair's app when you spot it, a brand new patio set. Next thing you know, Wayfair delivers it right to your patio and sets it up. Oh, you need a new grill too. All right, Wayfair's got you covered. With Wayfair's room of choice delivery and fast expert setup on qualifying orders, life gets a little easier. Visit Wayfair.com or the Wayfair app.
[00:50]
A
Wayfair Every style, every home. The people getting rich in bitscoin are not smarter than everyone else. They're just looking at a different scoreboard. There's actually only two ways to buy bitcoin. Number one, from someone who wants to sell, or number two, from someone forced to sell. That's it. Bitcoin doesn't produce more bitcoin. And it doesn't issue new shares. It doesn't announce secondary offerings. And there will only ever be 21 million. And every year, more of them disappear into wallets which are not selling. That's why this story matters. Because most of the biggest bitcoin buyers on earth just got more aggressive. Sailor, for example, just announced strategy acquired 1550 more Bitcoin for roughly 101 million. That brings their total holdings as of today to 845, 256. Let that sink in. One company now controls 4% of all the bitcoin that will ever exist. And according to Sailor, this is only the beginning. He recently warned that once the United States starts buying bitcoin, other nations will not sit still. If America acquires 1 million Bitcoin, China and every other major country will eventually be forced to follow. Think about what that really means. For the first time, bitcoin isn't competing with other investments. It's competing with governments. Every bitcoin strategy buys tightens the supply for everyone still waiting on the sidelines. That's the part most people miss. When strategy buys bitcoin, they're not just making a trade, they're removing supply, potentially forever. And they aren't the only ones. We also got Black Rock buying ETFs, public companies are buying, nation states are buying. Long term holders continue to accumulate. And people assume there will always be more Bitcoin available later. I'll just buy some later. History suggests otherwise. Five years ago, on this day, El Salvador made Bitcoin legal tender. The country currently holds 7677 Bitcoin. Not because they timed the market, but because they kept buying every single day. Now imagine El Salvador Strategy. Black Rock ETFs, public companies, sovereigns and eventually nation states all competing for the same 21 million finite limited supply. And that's not a prediction. It's already happening. Meanwhile, the amount of Bitcoin available for sale continues to shrink. Estimates are 1.9 million liquid available supply, which you can actually buy on the exchanges. That's the real story. It's not the price, it's the inventory. Because eventually every market reaches the same point. The point where demand keeps rising while supply stops showing up. That's when the prices have to adjust. Not because buyers want to pay more, but because they have to pay more. That's why Hal Finny's famous prediction still matters today. Back in 2009, when Bitcoin was worth essentially zero, he imagined the future where each Bitcoin could be worth the $10 million per coin. Most people laughed. People still laugh at 10 million. It's crazy, right? But it sounded ridiculous, especially back then. Today the largest institutions in the world are acting like Bitcoin is far more scarce than the market realizes. That doesn't happen when an asset is becoming less valuable. It happens when the available supply keeps disappearing. Which brings us back to the original point. The are only two ways to buy Bitcoin. From someone who wants to sell or from someone who is forced to sell. So the question is this. As more Bitcoin moves into stronger hands, who exactly is going to sell to the next wave of buyers? Now I want to share with you the receipts of what's really happening behind closed doors. Especially with this headline. Michael Sailor warns, when the USA buys 1 million Bitcoin, China and every country will soon follow. Check it out. Pretty market does ripples through South America, it ripples through Africa, it ripples through Europe, it ripples through the Middle east, it goes to Canada, goes to Australia, it even goes to Hong Kong. Even the Chinese will copy what the US is doing. So it's very, very profound inflection. So very simple concept. It's called game theory. This was prophesied by leaders like Max Kaiser, very Long time ago when everyone wrote off bitcoin, the government's going to ban it. Sell your bitcoin today for Fiat, gold or silver. But Max is like, no, the polar opposite is going to occur. Nations are going to accumulate it and it's going to create a global hash war, which is ultimately bitcoin. Game theory at the nation level. We all know Bukele via El Salvador was the first to make bitcoin legal tender. But it's a very small nation, but also now a very powerful nation because they've completely transformed their country from the murder capital of the world to the safest country in the Americas on the whole western hemisphere, which is unheard of. And that's due to bitcoin. Bitcoin embraces love and peace while Fiat creates and embraces war and violence. Now if the United States of America follows through on that bill which was just proposed, the bitcoin strategic reserve bill, that's to accumulate 1 million bitcoin over the course of five years, which means 200,000 bitcoin acquired per year. Want to know the kicker? They must huddle for a minimal of 20 years. Do you think the rest of the countries in this world would just allow the United States to stockpile bitcoin and not get in on the bitcoin arms race? I think not. I think sailor hit the nail on the head. All these major countries from continents around the world will all start accumulating bitcoin. What do you think that's going to do to the bitcoin price? And especially with the current scarcity, if there's only 1.9 million liquid float available right now in the market, how do you even buy that much bitcoin? That's my question for you. So you guys think the institutions are a big deal? I say that's nothing compared to the nation state adoption which is just starting to begin. And this summer we have the Clarity Act. If that passes, the big deal behind it is access. This gives the big banks, the institutions and large pools of capital worth hundreds of trillions of dollars the green light to flow into bitcoin. That's going to be the game changer. And it's already summer, so I can't freaking wait. Ryan Reynolds here from Mint Mobile. I don't know if you knew this, but anyone can get the same Premium Wireless for $15 a month plan that I've been enjoying. It's not just for celebrities. So do like I did and have one of your assistant's assistants switch you to Mint Mobile today. 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Switch upfront payment of $45 for three month plan equivalent to $15 per month required intro rate first three months only, then full price plan options available. Taxes and fees extra.
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See full terms@mintmobile.com CFTC regulated spot margin trading is now live on Kraken Pro Trade with up to 10 times leverage, long or short. Your crypto as collateral. The conviction was always there. Now the platform is too. Unleash your trading potential. Download Kraken Pro on the App Store or Google Play. Spot margin trading involves substantial risk of loss and is not suitable for everyone. Leverage magnifies gains and losses. View Ninja Trader Disclosures for more information on brokerage surfaces. Geographic restrictions apply.
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Terms apply welcome everyone to today's podcast, episode number2363. I'm your host JV today is 6-9-2026. Saylor just posted this today Business is good. And you can see here they currently have 845,256 Bitcoin which is 4.03% of the total bitcoin supply that there will ever be in existence. And you could also see their bitcoin yield year to date 9.7%. You can see their bitcoin gain year to date already 73,660 Bitcoin and some good data here of course. And their bitcoin yield last year was actually 22.8%. So you can say that again. Business is good. Now some people believe Michael Sailor's company strategy will ultimately go bankrupt and every all the shareholders will lose all their money. People like Peter Shift are praying this happens and other, you know, bitcoin trolls as well. So Sailor can go out as the richest man in the world or a disaster losing right now. What are they worth? $50 billion? I think the most probable scenario is Sailor becomes the richest man in the world worth over a trillion dollars. Right now Elon is worth a trillion. But you got to also consider how early we are, how much of a nascent market Bitcoin is right now. What's $1.2 trillion? That's the entire market cap as of today. That's nothing. It's a drop in the bucket when you have hundreds of trillions of dollars of capital which is going to start flooding into bitcoin. And after that happens, if bitcoin gets repriced to 10 million per coin, which I feel is inevitable, you know, Sailor hands down will be the richest man. We'll see what happens. Anyways this is a big deal. Five years ago today El Salvador passed the first bitcoin law that regulated bitcoin as legal tender. Today they own 7,677 one worth almost a half a billion dollars. And as you know, as the bitcoin price returns to all time highs, that's close to a billion dollar bitcoin position. They're not slowing down. They ultimately DCA each and every day shout out to the bitcoin office, Stacy Herbert, Max Kaiser, But I love that it just goes to show you what's possible because if they can turn their nation from the most dangerous to the safest place in this part of the world, it gives hope for the rest of the world if they can only move to a bitcoin standard, you know, so this is the blueprint for the rest of the world. And Bukele is a beacon of light shining that light for the rest of the world to follow. I got to respect it. Now Russia's deputy finance minister just confirmed second reading of a bill to recognize bitcoin as property and allow it in foreign trade. And they say it's a key priority. Global superpowers want the bitcoin and this is a great example of the global hash war. United States, major nation, lots of money and in fact, you know, we print our money out of thin air so they can just print worthless fiat and trade it for the most valuable form of currency or asset in existence with a finite limited supply. The apex predator. Just saying. And then you have Russia, you have China, you have the uae, you got big countries in Latin America like Brazil which has a massive population of hundreds of millions of people. You got Colombia. What happens when all these nations start accumulating bitcoin at the same time? Because nobody wants to be left behind. That's the global hash war. And this is just the beginning. Now this is big news breaking U.S. house tax committee hearing on bitcoin tax reform just officially started. 0% tax on everyday bitcoin payments, the minimus tax payments. Check out this video clip. America needs clear tax rules of the road to remain the crypto capital of the world. Recent data indicate that a quarter of Americans or over 67 million people own cryptocurrency. That's a dramatic increase from only 3% at the start of this decade. Nearly a quarter of cryptocurrency holders own earn less than $75,000 continuing their current growth. Digital assets will only become further integrated into the economy. Americans need simplicity and clarity to own, trade and use digital assets with confidence. Well there you have it. Fam. 0% capital gains tax is what they're proposing for everyday bitcoin payments. De minimis is the terminology. And Cynthia Lummis has been suggesting this bill would likely get passed. What are your thoughts on that and would that impact your daily spending or would it motivate you to spend bitcoin? I know most bitcoiners just hodl their bitcoin as bitcoin is more treated as a savings or store value. But if you incentivize the people to actually use it, such as no capital gains tax, maybe people will actually use it. I say for retail, people should offer discounts. Right? Because if you motivate a bitcoiner to actually use their bitcoin, I think they would. But if there's no incentive then why would they. They can just spend their worthless fiat. Knowing fiat, it's fiat. I don't really got to explain it. But do note I'm highly skeptical that they would ever pass a law in the US where there just be zero percent capital gains tax on all bitcoin transactions because they love collecting their taxes so they can send it overseas to nations which they support. And I'm not going to get into the geopolitical arena right now, but you know exactly what I'm talking about. This guy is a legend. He received the first bitcoin transaction ever. And back in 09 he said if Bitcoin becomes the global monetary system, each coin will be worth $10 million. This was back when Bitcoin was worth zero. So this is a true visionary, may he rest in peace. And I'm actually just going to read you what he actually wrote as an assuming 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. Current estimates of total worldwide household income wealth that I have found range from 100 trillion to 300 trillion. This was back in 09. Today it's like 900 trillion, just FYI. But anyways, with 20 million coins that gives each coin a value of about $10 million. So the possibility of generating coins today with a few cents of compute time may be quite a good bet. I'd say that again with a payoff of something like 100 million to 1. Even if the odds of bitcoin succeed to this degree are slim, are they really 100 million to one against something to think about? That's a great thing to think about. So yeah, he was predicting 10 million per coin before anyone else ever. So long live the legend of Hal Finney. And again, no doubt in my mind, Bitcoin will one day be 10 million. And the same naysayers that are doubting or writing off bitcoin are claiming it's dead. Were the same haters that said bitcoin would never go to 100,000, never go to 10,000, never go to 1,000, never go to 100. Same clowns. But we'll see who gets the last laugh. I'm Kiana and I leveled up my business with Shopify. Once I figured out that Shopify was a thing, I never turned back. I can create a site with my eyes closed. Shopify thinks ahead of us, you know, and it thinks about the customer more than anything. Every day I'm thinking about some other new business, but Shopify is doing it to me because it's so easy to use. It's like I can't store. Stop. I'm addicted. Start your free trial@shopify.com CFTC regulated spot
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margin trading is now live on Kraken Pro Trade with up to 10 times leverage, long or short, your crypto as collateral. The conviction was always there. Now the platform is too. Unleash your trading potential. Download Kraken Pro on the App Store or Google Play. Spot margin trading involves substantial risk of loss and is not suitable for everyone. Leverage magnifies gains and losses. View Ninja Trader disclosures for more information on brokerage services. Geographic restrictions apply.
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Terms apply now. Scottamucci Anthony Scaramucci said bitcoin has hit a bottom and that it's time to buy. Buy the dip while you still can. Let's listen to what he has to say and a little background here. He has a son called Anthony Jr. AJ and he's the one that bought the Pikachu PSA 10 Illustrator from Logan Paul for over $16 million. So they're riches. If your children are purchasing $16 million Pokemon cards, that's a wealthy man. But check it out.
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It's a self fulfilling prophecy. They look at the thing and say I got to start selling. If the four year cycle theory holds, Bitcoin doesn't recover until the early part of the fourth quarter of 2026, possibly into the first quarter of 2027. What I love about this right now as a market participant though is that everybody hates it. But I think, and again I could be wrong. I at this rsi, usually when it gets to this level you're getting near a bottom. But again, in anything when you're At Max Fear, you're often paid to buy, and when you're at Max Euphoria, you're paid to sell.
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Well, first and foremost, Gamucci makes a great point. The RSI shows us this is the most advantageous time to buy in recent years. And the RSI is the relative strength index which we currently use for those who are Chartists and such. Now, the bald guy, his name's Novogratz and take anything he says with a grain of salt. That's the same fool that was showing off his Terra Luna tattoo at the bitcoin conference. I don't need to add any commentary to that. But yeah, never get a tattoo of a shitcoin on your arm, please. You shall regret it, mark my words. But anyways, Breaking SBI Shinsei Bank, a major Japanese commercial bank Konichiwa to pay up to 20% of deposit interest in bitcoin and crypto. So the adoption is accelerating around the world. Now I want you to be aware what's happening right now. Massive wipeout across stocks, metals and crypto. 1.88 trillion wiped out in one hour. So it's not just the crypto market correcting right now, it's all the major markets all at the same time. Is this an orchestrated sell off? What's going on? And where does all this money flow into when there's massive widespread market wipeouts like this? This Let me know. The bank of Japan is expected to hike rates again on June 16, which is next week. Every time the bank of Japan has hiked in the past, bitcoin has dumped. Will the pattern repeat or is this time different? Let me know your thoughts fam in the comments. Now for my favorite segment of the day, which is Retard of the day, I'm going to read you this post, Duo9 wrote. I can't believe I'm writing this. I always suspected Cardano may be escaped scam, but I did not realize it was this big. Charles Hoskinson sold over 1.5 billion ADA tokens between 1 and $3 in the 2021 run, then also paid 200 million in ADA to Gavin. He literally dumped billions on his community. He may have dumped more billions still since Crazy. And here's the tweet of the evidence here. May 16, 2025 During 2021 I sold probably 1.5 billion ADA for him between $1 and $3. He also owed Gavin Wood 20 million ADA a month for 10 months. But instead of paying him in kind, I was told to dump and pay cash. Surprised I'M not surprised. Also note I believe the all time high Cardano was once $3. Right now it's closer to 15 cents. And more recently he created a video ultimately given up on his community. So not a good look for Charles Hoskinson. Hence he is Retard of the day. Bring facts. Zero shitcoin tattoos thank God. Hallelujah. Praise Jesus. Four Bitcoin tattoos and I must say you do have some of the most badass ones. RSI 25 out of a hundo equals oversold. This is ultimately a great buying opportunity. According to that indicator, if the United States announced tomorrow it was buying 1 million bitcoin, what do you think the price would be one year later? 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 and A. And I look forward to seeing you on tomorrow's episode. Hodl.
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Marketing is hard, but I'll tell you a little secret. It doesn't have to be. Let me point something out. You're listening to a podcast right now and it's great. You love the host. You seek it out and download it. You listen to it while driving, working out, cooking, even going to the bathroom. Podcasts are a pretty close companion. And this is a podcast ad. Did I get your attention? You can reach great listeners like yourself with podcast advertising from Libsyn Ads. Choose from hundreds of top podcasts offering host endorsements or run a pre produced ad like this one across thousands of shows. To reach your target audience in their favorite podcasts with Libsyn ads, go to Libsynads.com that's L, I B S Y N ads.com Today,
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