🚨BITCOIN UPDATE: US Senators’ Plan to Make You a MILLIONAIRE 💵 (Learn How NOW!)

Discover Crypto
30 Jul 202405:08

Summary

TLDRThe video script discusses a hypothetical scenario where the US government, along with other entities like China, the European Union, and the Middle East, aims to hold 5% of the world's Bitcoin supply, totaling 1 million Bitcoins. It speculates on the potential market impact, suggesting that such accumulation could drive Bitcoin's price significantly higher. The script uses historical data from Bitcoin ETFs to estimate a price increase of $336,000 per Bitcoin, potentially pushing the cryptocurrency to over $400,000. It highlights the strategic move by El Salvador in 2021 and hints at similar ambitions by the US, possibly influenced by political outcomes.

Takeaways

  • 🌐 The United States is planning to assemble 1 million Bitcoin, which is 5% of the world's supply, according to a new strategy revealed at a Bitcoin conference.
  • 🤔 The implications of a government buying Bitcoin are unknown, as the market's reaction to government sales of Bitcoin has been observed, but not purchases.
  • 📈 The video aims to calculate the potential effect on Bitcoin's price if the US government were to own 5% of all Bitcoin in circulation.
  • 🔢 The presenter suggests that other entities, including China, Asia, the Middle East, and the European Union, might also attempt to hold 5% of Bitcoin, totaling a 15% market reduction.
  • 💡 The presenter uses the example of how nation-states and large firms like BlackRock or Wall Street firms might purchase Bitcoin to minimize market impact.
  • 📊 Data from Bitcoin ETFs is used to estimate the buying pressure and potential price increase, with a focus on the period post-ETF launch and two months thereafter.
  • 📉 The presenter calculates a price increase of about 8 pennies per Bitcoin for every 155,000 Bitcoins taken off the market, based on ETF data.
  • 🚀 If 20% of the Bitcoin (4.2 million) were taken off the market by nation-states, the expected price increase would be $336,000 per Bitcoin.
  • 💰 With the current trading price of Bitcoin at $667,000, adding the expected increase would suggest a potential future price of over $1 million per Bitcoin.
  • 🗓️ The trend of nation-states buying Bitcoin began with El Salvador in 2021, and Cynthia Lummis, a US politician, is reportedly advocating for similar action in the US.
  • 👀 The presenter speculates on the potential outcomes if Cynthia Lummis's plan is executed, suggesting that the GOP's success in November elections could influence this strategy.

Q & A

  • What is the main topic discussed in the video script?

    -The main topic discussed in the video script is the potential impact on Bitcoin's price if the United States and other nation-states were to hold 5% of the world's Bitcoin supply.

  • What percentage of the world's Bitcoin supply does the US government plan to hold according to the video?

    -According to the video, the US government has a new strategy to hold 5% of the world's Bitcoin supply.

  • What is the potential reaction of other entities if the US government starts holding Bitcoin?

    -The video suggests that other entities such as China, the rest of Asia, the Middle East, and the European Union might also try to hold 5% of all Bitcoin, leading to a total of 15% of the market being taken off.

  • What is the current price of Bitcoin mentioned in the video?

    -The video mentions that the current price of Bitcoin is $667,000.

  • What is the estimated price increase per Bitcoin if nation-states take 20% of the market off, according to the video?

    -The video estimates a price increase of $336,000 per Bitcoin if nation-states take 20% of the market off.

  • How does the video script calculate the potential price increase of Bitcoin?

    -The script uses a formula based on the increase in Bitcoin's price when ETFs were launched and the amount of Bitcoin taken off the market at that time to estimate the potential price increase if nation-states hold Bitcoin.

  • What is the significance of the number 4.2 million Bitcoin mentioned in the video?

    -The number 4.2 million Bitcoin represents 20% of the total 21 million Bitcoin that will ever exist, which is the amount the video suggests could be taken off the market if certain nation-states each hold 5%.

  • What historical event is referenced in the video regarding Germany and Bitcoin?

    -The video references the event when Germany sold 50,000 Bitcoin and suggests that they might regret this decision in the future if the price of Bitcoin increases significantly.

  • What is the potential implication of the GOP winning big in November according to the video?

    -The video implies that if the GOP wins big in November, the plan for the US government to hold 5% of all Bitcoin could be more likely to be executed.

  • What does the term 'diamond-handed' mean in the context of the video?

    -In the context of the video, 'diamond-handed' refers to investors who hold onto their assets firmly despite market fluctuations, suggesting a strong conviction in the long-term value of their investments.

Outlines

00:00

🌐 US Government's Bitcoin Accumulation Strategy

The video script discusses a new strategy where the US government aims to accumulate 1 million Bitcoin, which represents 5% of the world's supply. The presenter intends to reveal the potential impact of such a move on Bitcoin's price. They speculate that other entities, including China, the rest of Asia, the Middle East, and the European Union, might also attempt to hold significant Bitcoin reserves, totaling up to 15% of the market. The presenter uses historical data and a formula to estimate the price increase per Bitcoin if these nation states were to take a substantial portion of Bitcoin off the market, suggesting a significant bullish outcome.

05:00

🚀 Potential Implications of Nation-State Bitcoin Holdings

In the second paragraph, the script hints at the broader implications of nation-states holding Bitcoin. It suggests that if the US and other major geopolitical entities were to hold substantial Bitcoin reserves, it could lead to a significant increase in Bitcoin's value. The presenter uses the example of how Germany's sale of 50,000 Bitcoin might be contrasted with the potential buying pressure from nation-states, which could drive the price of Bitcoin to unprecedented levels. The script concludes with a speculative but optimistic outlook on Bitcoin's future if such a scenario unfolds, possibly hinting at a price surpassing $400,000.

Mindmap

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without a central authority. In the video, it is the main subject of discussion, with the focus on its potential accumulation by various nation-states and the impact this could have on its market price. For example, the script mentions the U.S. government's strategy to hold 5% of all Bitcoin, which is a significant portion of the total supply.

💡Supply

In the context of the video, 'supply' refers to the total amount of Bitcoin available in the market. The script discusses the hypothetical scenario where the U.S. and other entities would hold 5% of the world's Bitcoin supply, which could significantly reduce the available supply and potentially increase its price.

💡Government

The term 'government' is used in the script to refer to the potential buyers of Bitcoin, specifically the U.S. government and other nation-states. The video explores the idea of governments accumulating Bitcoin as part of their financial strategy and the possible effects on the cryptocurrency's market dynamics.

💡Price Increase

Price Increase is a key concept in the script, referring to the potential rise in the value of Bitcoin due to the actions of governments buying and holding it. The video provides a mathematical analysis to estimate how much the price of Bitcoin could increase if 20% of the supply is taken off the market by nation-states.

💡ETFs

ETFs, or Exchange-Traded Funds, are investment funds traded on stock exchanges, similar to individual stocks. In the video, the launch of Bitcoin ETFs is used as a reference point to analyze the potential impact of large-scale Bitcoin purchases by nation-states on its market price.

💡Nation-states

Nation-states in the script refer to sovereign countries that may potentially accumulate Bitcoin as part of their financial reserves. The video suggests that not only the U.S. but also China, the European Union, and other Asian and Middle Eastern countries might hold significant amounts of Bitcoin, affecting its market availability and price.

💡Balance Sheet

A balance sheet in the context of the video represents the financial statement of an entity, such as a government or an investment fund, showing what it owns and owes. The script discusses the idea of governments adding Bitcoin to their balance sheets, which could be a significant factor in the cryptocurrency's valuation.

💡Market Dynamics

Market dynamics refer to the forces of supply and demand that influence the price of a commodity or asset in a market. The video explores how the actions of governments in accumulating Bitcoin could change the market dynamics for this cryptocurrency, leading to a potential price increase.

💡Wall Street

Wall Street is used in the script as a metaphor for large financial institutions and investment firms that might have a similar approach to buying Bitcoin as nation-states. The video uses Wall Street's buying behavior as a model to estimate the potential buying pressure and its effect on Bitcoin's price.

💡Sovereign Nations

Sovereign nations are independent states with supreme authority over their governance. The script suggests that sovereign nations, like nation-states, could be significant players in the Bitcoin market, potentially buying and holding large amounts of the cryptocurrency.

💡El Salvador

El Salvador is mentioned in the script as the first country to adopt Bitcoin as legal tender in 2021. The video uses this as a starting point for the discussion on nation-states and their potential influence on Bitcoin's market price through accumulation.

Highlights

The United States aims to assemble 1 million Bitcoin, which is 5% of the world's supply.

The strategy is revealed at a Bitcoin conference, indicating a new approach for the US government to hold a significant portion of Bitcoin.

The implications of a government buying Bitcoin are explored, contrasting with the known effects of government sales.

A mathematical analysis is conducted to determine the potential impact on Bitcoin's price if the US government owns 5% of all coins.

The possibility of other entities, such as China, Asia, the Middle East, and the European Union, also aiming to hold 5% of Bitcoin is discussed.

A total of 15% of the Bitcoin market could be taken off by these entities, leading to significant market changes.

The potential for nation-states to affect Bitcoin's price through their buying strategies is compared to Wall Street firms.

Data from Wall Street is used to model the buying behavior of nation-states in the Bitcoin market.

The launch of Bitcoin ETFs and their impact on the market is analyzed to estimate the price increase per Bitcoin.

A formula is proposed to calculate Bitcoin's price based on the day of ETFs and two months later.

The increase in Bitcoin price due to the addition of Bitcoin to ETFs is quantified, providing a basis for further calculations.

A scenario is presented where 20% of Bitcoin is taken off the market by nation-states, estimating a substantial price increase.

The expected price increase for Bitcoin if nation-states hold it on their balance sheets is calculated to be $336,000.

The potential for Bitcoin to reach over $400,000 if nation-states enter the market is highlighted.

The role of El Salvador in initiating this trend in 2021 and the possible效仿 by Cynthia Lummis and the US government is noted.

The political context of the US elections and its potential influence on the execution of this Bitcoin strategy is discussed.

The video concludes with a call to action for viewers to consider the potential impact of nation-states on Bitcoin's future value.

Transcripts

play00:00

over 5 years the United States will

play00:03

assemble 1 million Bitcoin

play00:07

5% of the world

play00:11

Supply B cynth LMA said the Bitcoin

play00:13

conference revealing the new strategy

play00:16

for the US government to hold 5% of all

play00:18

Bitcoin but we know what it looks like

play00:20

when a government sells Bitcoin but we

play00:22

have no idea what it looks like when a

play00:23

government buys Bitcoin and in this

play00:25

video I'm going to do the math and

play00:26

reveal what it actually looks like to

play00:28

bitcoin's priced if the US Government

play00:30

were to own 5% of all the coins in

play00:32

circulation and the number at the end is

play00:34

going to have you shook everybody and

play00:36

trust me when I say it was a lot higher

play00:38

than what I was expecting we saw what

play00:40

happened when Germany sold 50,000

play00:42

Bitcoin but what is going to happen when

play00:43

governments start adding massive amounts

play00:45

of Bitcoin to their balance sheet well I

play00:47

did the math everybody and we're going

play00:48

to break it down to a really easy to

play00:50

understand price increase per Bitcoin

play00:52

metric right now but if the US

play00:54

government were to own 5% of all Bitcoin

play00:56

I don't think it stops at the US

play00:57

government I think there'd be at least

play00:59

three other entities that might try to

play01:01

also hold 5% of all Bitcoin those three

play01:03

other entities are going to be besides

play01:05

the US I think China could also easily

play01:07

try to hold 5% of all Bitcoin that is

play01:09

not all though I think the rest of Asia

play01:12

along with the rest of the Middle East

play01:13

with Saudi Arabia Iran and Indonesia and

play01:15

Etc I think they might also try to own

play01:17

another 5% so now you got 15% taken off

play01:20

the market and then last but not least I

play01:22

think the European Union could also try

play01:25

to obtain 5% of Bitcoin so you got

play01:27

European Union you got China the rest of

play01:29

Asia the Middle East and the US

play01:31

government all trying to hold 5 million

play01:33

Bitcoin but what is that math when we do

play01:35

the math right here you can see that is

play01:36

going to equal 4.2 million Bitcoin 420 I

play01:40

don't know how the math end up like that

play01:42

folks but it's not that hard to imagine

play01:45

China wanting to reach us parody UK and

play01:48

the rest of the European Union also

play01:49

trying to hit that parody and the

play01:51

Germans they're going to regret selling

play01:53

their 50,000 Bitcoin trust me when I say

play01:55

that now to determine what the buying

play01:57

pressure from these nation states would

play01:59

actually look like if it would affect

play02:00

bitcoin's price I'm using Wall Street as

play02:03

the closest Corel I think how nation

play02:05

states and Sovereign Nations will buy

play02:06

Bitcoin will be pretty similar to how a

play02:08

black rock or a large Wall Street firm

play02:10

will also buy Bitcoin they're not just

play02:11

going to spot bu on coinbase or a small

play02:13

exchange Spike the price there's going

play02:15

to be a combination to keep the price of

play02:16

a cruel as low as possible they don't

play02:18

want their purchases to affect the

play02:20

markets and so using wall Street's data

play02:23

we're coming up with some numbers now

play02:24

I'm going to kind of come up with this

play02:26

formula for bitcoin's price on the day

play02:28

of ETFs and 2 months later in the middle

play02:31

of February and you see when we come to

play02:33

trading view this is the day the Bitcoin

play02:35

uh ETFs launched it was January 10th and

play02:37

then uh we're only going to do about two

play02:39

months because that's when you see you

play02:41

know when we had strong strong inflows

play02:43

we ended up seeing some mixed data in

play02:45

March and it kind of messes with the

play02:46

numbers here so I end up coming up with

play02:48

about

play02:49

$58,000 you can see it was a long Candle

play02:52

on the last day of February and coming

play02:53

into the middle gives us close to a 58

play02:56

so now we start doing some numbers we

play02:58

had Bitcoin that were inside these e

play02:59

ETFs and here hodle 15 does a really

play03:02

good job with just breaking it down with

play03:03

this graphic you see total us ETFs but

play03:06

that is not the number we're looking for

play03:07

we're looking for the global ETFs and

play03:09

the effect that'll have on the market so

play03:11

you can see we launched with

play03:22

767,000 so what kind of numbers is that

play03:25

giv us here you can see here 767 we

play03:28

launched at about 46,000 per Bitcoin and

play03:31

then towards the end they had added

play03:34

155,000 Bitcoin to the balance sheet AKA

play03:37

Bitcoin taking off the market and then

play03:39

price ended up pumping up to 58,000 so

play03:42

we got an increase of

play03:43

$112,000 after adding $1 15 155,000

play03:46

Bitcoin and that gives us a price

play03:48

increase of about 8 pennies per Bitcoin

play03:51

taken off the market so what happens if

play03:53

these nation states take 20% of the

play03:56

Bitcoin off the market well you can see

play03:58

that we did the math here 20% of the 21

play04:01

million Bitcoin is going to be 4.2

play04:03

million Bitcoin so now let's go ahead

play04:05

and multiply that by 8 pennies so here

play04:07

we go and this is the price increase I

play04:09

expect for nation states entering in and

play04:11

holding Bitcoin on their balance sheets

play04:13

and then I'm going to show you a picture

play04:14

of you once you see this price increase

play04:16

everybody we're talking about an

play04:18

increase of

play04:20

$336,000 and with Bitcoin currently

play04:23

trading at

play04:24

$667,000 if we were to add that to the

play04:27

$336,000 you can see right here we are

play04:29

looking really really good with over

play04:32

$400,000 Bitcoin so if nation states

play04:34

come in we could easily hit 400k this

play04:37

cycle it started with El Salvador in

play04:39

2021 and it looks like Cynthia lumus is

play04:42

trying to do the same thing with America

play04:44

and if you're wondering what does it

play04:45

look like with all these nation states

play04:46

buying all this Bitcoin how will I react

play04:48

well folks this might be

play04:52

you now we don't know if Cynthia lumus

play04:54

is going to be able to execute this plan

play04:56

but we do know if the GOP wins Big in

play04:58

November it definitely is in the cards

play05:00

so 400k Bitcoin could be in the cards

play05:03

folks that's all we got and hopefully

play05:04

I'll see you in your diamond handed

play05:05

satoshi's at the top

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Связанные теги
BitcoinNation-StatesInvestmentMarket AnalysisCryptocurrencyPrice PredictionEconomic StrategyGovernment HoldingsETF ImpactFinancial Forecast
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