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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
🌐 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.
🚀 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
💡Supply
💡Government
💡Price Increase
💡ETFs
💡Nation-states
💡Balance Sheet
💡Market Dynamics
💡Wall Street
💡Sovereign Nations
💡El Salvador
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
over 5 years the United States will
assemble 1 million Bitcoin
5% of the world
Supply B cynth LMA said the Bitcoin
conference revealing the new strategy
for the US government to hold 5% of all
Bitcoin but we know what it looks like
when a government sells Bitcoin but we
have no idea what it looks like when a
government buys Bitcoin and in this
video I'm going to do the math and
reveal what it actually looks like to
bitcoin's priced if the US Government
were to own 5% of all the coins in
circulation and the number at the end is
going to have you shook everybody and
trust me when I say it was a lot higher
than what I was expecting we saw what
happened when Germany sold 50,000
Bitcoin but what is going to happen when
governments start adding massive amounts
of Bitcoin to their balance sheet well I
did the math everybody and we're going
to break it down to a really easy to
understand price increase per Bitcoin
metric right now but if the US
government were to own 5% of all Bitcoin
I don't think it stops at the US
government I think there'd be at least
three other entities that might try to
also hold 5% of all Bitcoin those three
other entities are going to be besides
the US I think China could also easily
try to hold 5% of all Bitcoin that is
not all though I think the rest of Asia
along with the rest of the Middle East
with Saudi Arabia Iran and Indonesia and
Etc I think they might also try to own
another 5% so now you got 15% taken off
the market and then last but not least I
think the European Union could also try
to obtain 5% of Bitcoin so you got
European Union you got China the rest of
Asia the Middle East and the US
government all trying to hold 5 million
Bitcoin but what is that math when we do
the math right here you can see that is
going to equal 4.2 million Bitcoin 420 I
don't know how the math end up like that
folks but it's not that hard to imagine
China wanting to reach us parody UK and
the rest of the European Union also
trying to hit that parody and the
Germans they're going to regret selling
their 50,000 Bitcoin trust me when I say
that now to determine what the buying
pressure from these nation states would
actually look like if it would affect
bitcoin's price I'm using Wall Street as
the closest Corel I think how nation
states and Sovereign Nations will buy
Bitcoin will be pretty similar to how a
black rock or a large Wall Street firm
will also buy Bitcoin they're not just
going to spot bu on coinbase or a small
exchange Spike the price there's going
to be a combination to keep the price of
a cruel as low as possible they don't
want their purchases to affect the
markets and so using wall Street's data
we're coming up with some numbers now
I'm going to kind of come up with this
formula for bitcoin's price on the day
of ETFs and 2 months later in the middle
of February and you see when we come to
trading view this is the day the Bitcoin
uh ETFs launched it was January 10th and
then uh we're only going to do about two
months because that's when you see you
know when we had strong strong inflows
we ended up seeing some mixed data in
March and it kind of messes with the
numbers here so I end up coming up with
about
$58,000 you can see it was a long Candle
on the last day of February and coming
into the middle gives us close to a 58
so now we start doing some numbers we
had Bitcoin that were inside these e
ETFs and here hodle 15 does a really
good job with just breaking it down with
this graphic you see total us ETFs but
that is not the number we're looking for
we're looking for the global ETFs and
the effect that'll have on the market so
you can see we launched with
767,000 so what kind of numbers is that
giv us here you can see here 767 we
launched at about 46,000 per Bitcoin and
then towards the end they had added
155,000 Bitcoin to the balance sheet AKA
Bitcoin taking off the market and then
price ended up pumping up to 58,000 so
we got an increase of
$112,000 after adding $1 15 155,000
Bitcoin and that gives us a price
increase of about 8 pennies per Bitcoin
taken off the market so what happens if
these nation states take 20% of the
Bitcoin off the market well you can see
that we did the math here 20% of the 21
million Bitcoin is going to be 4.2
million Bitcoin so now let's go ahead
and multiply that by 8 pennies so here
we go and this is the price increase I
expect for nation states entering in and
holding Bitcoin on their balance sheets
and then I'm going to show you a picture
of you once you see this price increase
everybody we're talking about an
increase of
$336,000 and with Bitcoin currently
trading at
$667,000 if we were to add that to the
$336,000 you can see right here we are
looking really really good with over
$400,000 Bitcoin so if nation states
come in we could easily hit 400k this
cycle it started with El Salvador in
2021 and it looks like Cynthia lumus is
trying to do the same thing with America
and if you're wondering what does it
look like with all these nation states
buying all this Bitcoin how will I react
well folks this might be
you now we don't know if Cynthia lumus
is going to be able to execute this plan
but we do know if the GOP wins Big in
November it definitely is in the cards
so 400k Bitcoin could be in the cards
folks that's all we got and hopefully
I'll see you in your diamond handed
satoshi's at the top
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