IT'S OFFICIALLY GAME OVER: You Will NEVER EVER Be Able To Buy As Much Bitcoin As You NEED, Good Luck

Crypto News
8 Aug 202420:35

Summary

TLDRThe speaker passionately discusses the growing wealth consolidation in the cryptocurrency space, particularly Bitcoin, highlighting the increasing accumulation by the wealthy. They express concern over the potential exclusion of the average person from participating in Bitcoin's future value, as the top 1.8% of wallet addresses hold 90% of the supply. The video emphasizes the importance of understanding and investing in Bitcoin to secure financial legacies for future generations amidst the ongoing wealth transfer.

Takeaways

  • πŸ˜€ The speaker emphasizes the importance of liking and engaging with the channel to support the algorithm and the content creation.
  • πŸš€ Bitcoin was created for everyone and is intended to be accessible to the masses, but the speaker criticizes the skepticism and ignorance from both within and outside the cryptocurrency space.
  • πŸ“‰ The speaker has faced criticism for being involved in crypto, especially when prices fall, with people often expressing doubt or making light of the market's volatility.
  • πŸ’° There is a significant amount of institutional and wealthy individual investment in Bitcoin, with companies like Black Rock and Fidelity entering the space and advising their clients to allocate significant funds to Bitcoin.
  • πŸ“ˆ Bitcoin's price has seen substantial increases over the years, with predictions ranging from $2,000 to over $1 million per coin, and the market cap has already surpassed the $1 trillion mark.
  • 🐳 Despite the increase in Bitcoin's value, there is ongoing 'whale' buying activity, with large holders accumulating more coins and contributing to a decrease in the available supply.
  • πŸ€” The speaker questions why people are not holding Bitcoin, especially when there is clear evidence of its growing value and acceptance among the wealthy and institutional investors.
  • πŸ“Š Data from on-chain analytics companies like bit info indicates that a very small percentage of Bitcoin wallet addresses (1.8%) hold a majority (90%) of the Bitcoin supply.
  • 🌐 The speaker predicts a future where Bitcoin is so valuable that it will be impossible for the average person to own a significant amount, due to the current consolidation of wealth by the rich.
  • πŸ’‘ The speaker expresses concern about wealth consolidation in the crypto space and the potential for a small number of individuals to control a large portion of the Bitcoin supply, leading to a significant wealth transfer.
  • πŸ”₯ The speaker passionately advocates for the importance of investing in and holding assets like Bitcoin, with the goal of creating a lasting legacy for future generations.

Q & A

  • What is the main topic of the video script?

    -The main topic of the video script is the wealth consolidation in the cryptocurrency space, particularly focusing on Bitcoin, and the increasing concentration of Bitcoin holdings among a small percentage of wealthy individuals and entities.

  • What does the speaker believe is the purpose of Bitcoin?

    -The speaker believes that Bitcoin was created for everyone and is meant to be accessible to the masses, offering a new asset class for the world.

  • Why does the speaker mention criticism from within and outside the cryptocurrency space?

    -The speaker mentions criticism to highlight the skepticism and resistance he has faced over the years for advocating Bitcoin, despite its growing adoption and value.

  • What does the speaker suggest has been a driving factor for the increase in Bitcoin's value?

    -The speaker suggests that the increase in Bitcoin's value is driven by the accumulation of Bitcoin by wealthy individuals, companies, and even some central banks, which is reducing the supply available to the general public.

  • What is the significance of the statistic that 1.8% of Bitcoin wallet addresses hold 90% of the supply?

    -This statistic signifies a high level of wealth consolidation in the cryptocurrency space, indicating that a very small percentage of wallet addresses control a vast majority of Bitcoin, potentially limiting access for the average person.

  • What does the speaker predict about the future distribution of Bitcoin?

    -The speaker predicts that the distribution of Bitcoin will become even more concentrated among the wealthy, with the 90% figure possibly increasing to 92% or 93% as the supply becomes scarcer.

  • Why does the speaker express concern about the current state of Bitcoin adoption?

    -The speaker is concerned because despite the growing evidence of Bitcoin's value and potential, there is still significant skepticism within the cryptocurrency community and among the general public, which may lead to missed opportunities for wealth accumulation.

  • What is the speaker's view on the role of traditional assets in wealth consolidation?

    -The speaker views traditional assets like stocks, land, and even water as part of the wealth consolidation process by the rich, who continue to accumulate these assets even as they explore and invest in new asset classes like Bitcoin.

  • What advice does the speaker give to his audience regarding Bitcoin and other cryptocurrencies?

    -The speaker advises his audience to pay attention to the ongoing developments in the cryptocurrency space, to understand the significance of Bitcoin's growing value, and to consider investing and holding onto these assets for potential long-term gains.

  • How does the speaker describe the potential future scenario where Bitcoin's value significantly increases?

    -The speaker describes a future scenario where Bitcoin's value could reach millions of dollars per coin, leading to an even greater wealth gap between those who hold significant amounts of Bitcoin and those who do not.

  • What is the speaker's ultimate goal with his channels and the information he shares?

    -The speaker's ultimate goal is to inform and educate his audience about the inner workings of the cryptocurrency space, particularly the importance and potential of Bitcoin, in hopes that they will make informed decisions and potentially benefit from the wealth transfer happening in the space.

Outlines

00:00

πŸ€” Cryptocurrency Skepticism Amidst Growing Interest

The speaker addresses the skepticism surrounding Bitcoin despite its growing popularity and adoption by major financial institutions. They discuss the criticism they've received for being involved in cryptocurrency and the public's mixed reactions to market fluctuations. The speaker highlights the increasing news of significant Bitcoin investments by large entities like Black Rock and Fidelity, and the continuous accumulation by 'whales', or major holders, which is causing a decrease in available Bitcoin in the market. They emphasize the importance of understanding the cryptocurrency space and the potential missed opportunities for those not participating.

05:00

πŸ“ˆ Wealth Consolidation in Bitcoin and Its Implications

This paragraph delves into the concentration of Bitcoin ownership, with 1.8% of wallet addresses holding 90% of the supply. The speaker questions why, despite the clear trend of wealth accumulation in Bitcoin by the rich, there is still skepticism about its value and potential. They discuss the historical context of Bitcoin's distribution and the shift towards centralization, with the wealthy buying and holding onto large amounts of Bitcoin. The speaker also speculates on the future value of Bitcoin and the wealth disparity that could arise if the current trend continues, urging viewers to pay attention to the ongoing wealth transfer in the cryptocurrency space.

10:00

πŸ›οΈ The Future of Bitcoin and Wealth Inequality

The speaker forecasts a future where Bitcoin's value could skyrocket to unprecedented levels, with predictions ranging from $1 million to $24 million per coin by 2045-2050. They express concern over the potential wealth inequality that could result from the current trend of wealth consolidation among a small percentage of Bitcoin holders. The speaker argues that the rich are thriving and will continue to do so as they accumulate assets, including Bitcoin, which was originally intended to be accessible to everyone. They emphasize the importance of understanding and participating in the cryptocurrency market to secure financial stability for future generations.

15:01

πŸ’‘ The Importance of Digital Scarcity and Asset Accumulation

The speaker discusses the concept of digital scarcity and how it contrasts with the traditional understanding of abundance. They highlight the consolidation of assets, including stocks, land, and now Bitcoin, by the wealthy. The speaker warns that the current distribution of Bitcoin, with a small percentage of wallet addresses controlling a large portion of the supply, could lead to a future where Bitcoin is as scarce and valuable as a house, making it a commodity for the ultra-wealthy. They stress the need for individuals to recognize the significance of asset accumulation and the potential long-term consequences of not participating in the cryptocurrency market.

20:03

πŸš€ Embracing Bitcoin as a Legacy-Building Asset

In the final paragraph, the speaker reflects on their personal journey and commitment to cryptocurrency, particularly Bitcoin, as a means to build a legacy for future generations. They express a desire for their children to be well-off and to have a significant advantage in life. The speaker encourages viewers to invest in and hold onto assets like Bitcoin, as this is what the wealthy have been doing for centuries. They conclude by reiterating the importance of understanding and participating in the cryptocurrency market to secure one's financial future.

Mindmap

Keywords

πŸ’‘Bitcoin

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without the need for intermediaries such as banks. In the video, Bitcoin is highlighted as an asset created for everyone, emphasizing its potential to democratize wealth. The script discusses the growing concentration of Bitcoin in the hands of a few, which could impact its original purpose of financial inclusion.

πŸ’‘Cryptocurrency

Cryptocurrency refers to digital or virtual currencies that use cryptography for security and operate on blockchain technology. The video's theme revolves around the skepticism and criticism the speaker has faced for being involved in the cryptocurrency space, particularly focusing on Bitcoin.

πŸ’‘Wealth Consolidation

Wealth consolidation is the process where wealth becomes increasingly concentrated in the hands of a few individuals or entities. The script warns about the potential consequences of wealth consolidation in the context of Bitcoin, where a small percentage of wallet addresses hold a significant portion of the supply.

πŸ’‘Skepticism

Skepticism in this context refers to the doubt or disbelief in the potential of Bitcoin and cryptocurrencies. The video mentions the skepticism faced by the speaker from both within and outside the cryptocurrency community, despite the growing institutional interest in Bitcoin.

πŸ’‘Market Cap

Market capitalization is the total value of a company or an asset that is traded publicly, calculated by multiplying the total number of shares by the present share price. The script uses the term to discuss the growth of Bitcoin's market cap and the skepticism around its ability to reach certain valuations, which it has surpassed.

πŸ’‘Whales

In the context of financial markets, 'whales' are individuals or entities that hold large amounts of assets, which can significantly influence market movements. The video discusses 'whale buying' as a daily occurrence, indicating large-scale accumulation of Bitcoin by wealthy investors.

πŸ’‘ETFs

ETFs, or Exchange-Traded Funds, are investment funds that are traded on stock exchanges, much like individual stocks. The script mentions outflows from ETFs and inflows into whale wallets, indicating a shift in where Bitcoin is being held and by whom.

πŸ’‘Onchain Analytics

Onchain analytics refers to the analysis of blockchain transactions to gain insights into market trends and behaviors. The video cites data from BitInfo, an onchain analytics company, to illustrate the concentration of Bitcoin holdings among a small percentage of wallet addresses.

πŸ’‘Satoshi

A Satoshi is the smallest unit of Bitcoin, where 1 Bitcoin equals 100 million Satoshis. The script uses Satoshi to discuss the potential future value of Bitcoin in relation to everyday transactions and the diminishing accessibility for the average person.

πŸ’‘Wealth Transfer

Wealth transfer refers to the movement of assets from one group or individual to another. The video speaks of a wealth transfer happening in the cryptocurrency space, where the rich are accumulating Bitcoin, potentially excluding the average person from participating in its future value.

πŸ’‘Asset Class

An asset class is a group of assets that share similar characteristics and behave in a similar way in the market. The script highlights Bitcoin as a new asset class that was intended for widespread access but is now increasingly concentrated among the wealthy.

Highlights

The channel discusses the ongoing topic of Bitcoin being created for everyone but facing criticism from both within and outside the cryptocurrency space.

The speaker has faced criticism for being involved in crypto, with people showing interest only when prices drop.

There is a continuous skepticism within the crypto space despite the growing institutional interest in Bitcoin.

Major companies and the wealthiest clients are increasingly investing in Bitcoin, allocating significant portions of their portfolios to it.

Bitcoin's price predictions have consistently been surpassed, with the market cap reaching a trillion dollars despite initial skepticism.

Whale buying activity in Bitcoin is ongoing, with large amounts being accumulated by a small percentage of wallet addresses.

The channel aims to inform about the inner workings of the cryptocurrency space, especially when significant events occur.

19 world banks admitted to holding millions or billions of dollars worth of Bitcoin, both spot and ETF.

The speaker questions what is stopping people from buying Bitcoin, given the wealth accumulation by the rich in the crypto space.

Onchain analytics show that less than 2% of Bitcoin wallet addresses hold 90% of the Bitcoin supply.

The idea that Bitcoin is made for everyone is being challenged by the wealth consolidation among the rich.

The speaker predicts a future where Bitcoin is impossible for the average person to acquire due to wealth consolidation.

Cryptocurrency analysts and professors are discussing Bitcoin's potential price in the next few decades, with some predicting millions per coin.

The speaker emphasizes the importance of buying and holding assets, particularly Bitcoin, to create a legacy for future generations.

Wealth consolidation in Bitcoin is compared to the consolidation of stocks, land, and resources by the wealthy.

The speaker warns that the wealth transfer happening in Bitcoin may result in regret for those who do not participate early.

The final highlight emphasizes the importance of being diligent, investing in the market, and holding assets to ensure wealth for future generations.

Transcripts

play00:01

Hello everybody welcome back to the

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channel where we talk about stuff don't

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forget to leave a like as it does help

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out the channel helps out the algorithm

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and it's also free to do this feels like

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something that's been a long time coming

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and I mean so I have this channel Money

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Rules and I have another Channel called

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the modern investor um this has been a

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continual topic and you might have even

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realized in the last 2 years

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uh it's ramped up quite a bit uh the

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issue is and I'll try and say this as

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nice as humanly possible the issue

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is Bitcoin was created for everyone I

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think we can agree on that that's

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literally the point of what Bitcoin is

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for for the world it's for the

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masses as long as I've been in the

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cryptocurrency space I've had nothing

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but criticism thrown my way that's

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criticism from people in the space and

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far outside of the space I've told you

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over the years if people find out that

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I'm into crypto at all a lot of times

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these people also pay attention to the

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charts I think it's a bit of jealousy

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and they also want to be in the market

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but they're not brave enough to do so at

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some point if prices fall down I've had

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people I told you literally come up to

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me friends or acquaintances and they'll

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go like how how's how's that Bitcoin

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doing I saw it drop by 10% and kind of

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like you know they they they pretend to

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have a conversation with you but they're

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just being ridiculous is is the nicest

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word but they even have people within

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the cryptocurrency space people outside

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I can understand them being ignorant if

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you are stupid you're probably not going

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to enter this Market if you have any

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kind of brain if you understand the

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basics of the the the the the World At

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Large economics and you've seen things

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that how they've been going on you heard

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about Bitcoin you learned about Bitcoin

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you get into the space crypto bam

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surprise a lot of people within crypto

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are skeptical as well you you'll see

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exactly where I'm I promise you'll see

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exactly where I'm going with

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this every day not some of the days

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every day there's gigantic crazy

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Monumental insane bitcoin news we hear

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that Black Rock is getting into the

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space they told their wealthiest clients

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to allocate millions of dollars from

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their portfolio into Bitcoin Fidelity

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gets into the space these other

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companies are buying hundreds thousands

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and hundreds of thousands of Bitcoin at

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any given

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time we started getting price

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predictions years ago bitcoin's going to

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$2,000 bitcoin's going to $55,000 Mike

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novag grat became popular because he

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said bitcoin's going to

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$110,000 people inside the space

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Bitcoin can't hit that that his market

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cap would have to be too high we hit

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10,000 people go we're going to a

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$50,000 Bitcoin I Bitcoin can't go to

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50,000 its market cap would have to be

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over a trillion dollars it just doesn't

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make any sense bam we hit a trillion

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dollars people keep buying up more

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Bitcoin there's less Bitcoin in the

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market the whales continue to buy

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there's whale buying news every single

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day every time that there's outflows

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from the ETFs there's inflows into whale

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wallets there are certain Bitcoin

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wallets that have never sold never

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they've only accumulated over the course

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of anywhere from the last nine to the

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last 14

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years still people are skeptical one of

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the main things one of the points of

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this channel in particular is to let you

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know kind of the inner workings of the

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cryptocurrency space if crazy stuff is

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happening I bring it to you if I feel

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like you have to know about it I bring

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it to you if we hear that the wealthiest

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people on the planet are for goinging

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investing in the US dollar in Bonds in

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stocks and they're choosing to allocate

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their money to bitcoin I tell you about

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it we had news like this for years and

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the craziest what I thought would kind

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of be the crescendo you know like

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breaking the everyone definitely

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jumps on

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board a couple of months ago uh the

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basil Banking Committee and the bank of

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international settlements uh came

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forward because they were they they

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asked I think 27 of the world's largest

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central banks and they said hey you guys

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got any crypto and only 19 of the banks

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responded the other ones were like I'm

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not telling you jack didley squat 19

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World Banks admitted that they hold

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Millions hundreds of millions or have

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allocations into billions of dollars

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worth of bitcoin that's both spot and

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ETF upon hearing this news I remember

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asking the question for people to tell

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me in the comment section I said what is

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stopping you from buying Bitcoin what

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exactly in the olden days in 2015 2016

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if you didn't believe you didn't

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understand you were fooled by a couple

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millionaires in billionaires who also

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then subsequently got into the space

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it's understandable it was brand new if

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you've been watching me for a couple of

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years and for some reason your mind

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can't conceptualize having Bitcoin in

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your portfolio but you hold Dogecoin

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shbu Pepe coin you you name it why are

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you not holding Bitcoin and I got tons

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of responses Bitcoin is too slow Bitcoin

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is this Bitcoin is blah blah blah I

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don't understand how you can follow this

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channel how we can have news daily

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because this is a Daily News Channel the

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same as the other channel

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daily and you can still be lightly

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skeptical about

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anything when you talk about the amount

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of Bitcoin that rich people have been

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accumulating like I said the last two

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years were like a big ramp up in some

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sort of way this energy became really

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really intense and I was telling

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everyone I was like something's off

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there's too much buying of Bitcoin even

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as prices were down we always get prices

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areow low we're in the bare Market

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people are buying behind the scenes we

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may get like one good news story every

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couple of months but there's always some

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kind of buying news that's somewhere in

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the

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space when we hear that these companies

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I'm trying to I'm trying to I'm trying

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to like make sure that I that I give you

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that I give you everything because I

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want you to understand why this happened

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and why it's going to continue happening

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a company by the name of bit info there

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are a number of onchain main analytics

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companies they go through the chain they

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go through the numbers they they they

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figure out who's buying what who shifted

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money where that that kind of that kind

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of

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thing on bit info charts the data is

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showing that of all the Bitcoin wallets

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that exist all the Bitcoin wallets that

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exist

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1.8% less than 2%

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less than 2% of all these Bitcoin wallet

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addresses are holding 90% of the Bitcoin

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Supply

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90% 90 90% of Bitcoin is held by 1.8% of

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wallet addresses a number of years ago

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this used to also be a major Topic in

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2017 2018 and people would go Bitcoin

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centralized why do they have so many

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coins and over the years we actually saw

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these coins flow out of a lot of like

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major addresses and they were at least I

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hoped were flowing back into the the

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pockets and the wallets of like everyday

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normal

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people the idea is is he hear me out

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here the idea is that Bitcoin is made

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for everyone but if everyone's not

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paying attention who's going to pay

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attention it's rich people rich people

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already own all the assets on the planet

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the last 2 years I I don't think I've

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never ranted more in my entire life and

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I kept on saying we are going to live in

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a world where Bitcoin is

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impossible for the everyday person to

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actually have that was met with

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skepticism what are you talking about

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there will always be some kind of

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Bitcoin on crypto exchanges and I say

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you're you're you're you're not you're

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you're you're not paying

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attention the average person the average

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person right now is able to get around a

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million Satoshi for around

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$600 in the future this number will be

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around 15,000 Satoshi there's a huge

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difference between 15,000 SATs and a

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million

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Satoshi if we are in 2024 at the time of

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me making this video and out of all the

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Bitcoin addresses

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1.86 are holding and controlling 90% of

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Bitcoin Supply I ask the question what

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happens to their wealth when Bitcoin

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goes to

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100K how rich are these people when

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Bitcoin hits a half a million dollars

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per coin we recently had I mean a slew I

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mean an absolute Avalanche of

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cryptocurrency professors and analysts

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and yada yada y discussing where

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bitcoin's price is going to be in the

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next decade to 2 to three decades a lot

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of them stopped at around the year 2045

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to

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2050 there are idea was that in the next

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couple of years bitcoin's probably going

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to hit a million dollars per coin that

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by the time we get to the 2030s 2040s

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we're probably going to see a 7 to10

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million Bitcoin at some point one of the

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the most bullish cases was by 2045 2050

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I believe it was a 23 or $24 million

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Bitcoin I said before in this Channel

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and I meant

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it if we get to these numbers in the

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future don't complain don't get UPS set

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don't get angry I've dedicated a large

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and and and and I mean it's true I've

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dedicated a large portion of my life to

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these channels to these two channels the

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the other one i' I've been doing for

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almost nine years now literally almost a

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decade of daily cryptocurrency news with

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99% of it being about Bitcoin because

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Bitcoin is usually the main thing that's

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in the

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news the crazy part is is that even

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during this there's still someone who's

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skeptical I don't know how to put it

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into words I I told you this what

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happened years ago not only the the mass

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accumulation by whales and rich people

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but I have this Vision I know it sounds

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crazy of the world in the

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future the rich are thriving like

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they're not doing well they're doing

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better than you could even begin to

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imagine right now it's because they have

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all the assets I think Bitcoin was kind

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of the final frontier of a new asset

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class that was made for the everyday man

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that everyone could have gotten

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into we're seeing even though the stocks

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are all over the place there's still a

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hyper consolidation of stocks for

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wealthy families even as prices drop

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they want these stocks because they know

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eventually they will go back up we're

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seeing a consolidation of land by rich

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people buying the richest land on the

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planet buying entire countries and

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cities look it up they're buying water

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they're buying lakes around the world

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look it

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up Bitcoin and crypto for me were kind

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of this thing where I was like we're at

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the head of the curve we can front run

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this entire thing we can make sure that

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the everyday

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person has enough crypto has enough

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Bitcoin so that when Bitcoin goes to a

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million 7 4 14

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2895 million the everyday person has

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fragments of a Bitcoin and they and

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their family are

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rich I think that's no longer possible

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that's not a joke I'm telling you this

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as honestly as I possibly

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can 1.8% of wallets are holding 90% of

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Bitcoin in their in their data they said

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the craziest part about all of this the

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90% represent around 1 million

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wallets you hear the news and you go

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cool that's 1 million

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people that's 1 million people who have

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all these

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coins then you realize very quick people

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don't put all their all their coins into

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one basket rich people tend to separate

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their assets into multiple different

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places as a just in case as I told you

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before I like Ledger because I I refuse

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to have all my money in one spot on One

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exchange on one this I have it multiple

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different places as a just in

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case the problem is is that these one

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million wallets are probably belonging

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to half a million people potentially

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250,000 people and it might just be

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100,000 people on the planet they're

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more optimistic and bit info said here's

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the optimism of those 1 million

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wallets this is in a world of 8 billion

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people if Bitcoin were evenly divided

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amongst everyone on the planet everyone

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would be able to have a

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maximum of

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300,000

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Satoshi

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maximum if it were evenly divided there

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are companies that have 200,000 Bitcoin

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there are brothers in the space that

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probably have over 300 400,000

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Bitcoin there are ETFs holding coins for

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the richest people on the planet over a

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million

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Bitcoin we're witnessing the shift that

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I spoke about two years ago a year ago 6

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months ago and three months ago where

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the rich people are going to hold all

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the Bitcoin you don't understand wealth

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consolidation it's because we have lived

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in a world of relative abundance

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you go to the supermarket you see that

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some stuff isn't there you go back a day

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later it's back you go to the car lot

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you don't see the car that you want a

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month and a half later the car is there

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there's always something new the idea of

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digital scarcity is something that the

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world is going to have to Grapple with

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because it's something that we're

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currently dealing

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with in about a

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year two and a half

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years we are going to see that 90% of

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the entire Bitcoin Supply move to around

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90 2 or

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93% they are going to hold all the

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Bitcoin and they won't let it go we've

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had things before where they would you

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know these surveys and yada yada yada

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the average millionaire and billionaire

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has no intention of ever selling their

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Bitcoin and or they don't plan on using

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until bitcoin's in the millions of

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dollars so that they only have to sell

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fragments of their Bitcoin so that they

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keep their 350 Bitcoin in their 10,000

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and 200,000 Bitcoin that they have so

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that they Remain the wealthiest people

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on the planet wealth is what you have

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that you don't spend that you hold on to

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and that you also pass down to the Next

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Generation we are witnessing the wealth

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transfer and the skepticism within the

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cryptocurrency space is going to cause

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tens of hundreds of millions of people

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to have you know those those moment

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moment where you sit there and you go ah

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of course I should have gotten that oh

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my gosh of course I knew the price was

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going to go up people aren't prepared to

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see a60 70,000 Bitcoin go to

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$345,000 to go to 700,000 I told you

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when Bitcoin hits the price of a

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house it's going to become a literal hot

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commodity this thing that I bought is is

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worth more than a home 3 years go by

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that housing price did not keep up with

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that the house the house did well but

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it's not doing as well as Bitcoin

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Bitcoin goes to $1.5 million you were

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you are going to have a lot of friends

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and family members who are going to be

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really depressed because they'll realize

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what that money would have meant to them

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and their family the difference that it

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would have made for you and your friends

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and your family

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generationally 90% of the Bitcoin

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supplies held by them that number is

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only going to

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increase I almost look forward because I

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I want I don't even want a fire to be

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lit under you I want like a a volcano to

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constantly be under you so that you're

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like I need to make sure that I'm doing

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something I'm a gigantic advocate of

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buying assets and holding them it's it's

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one of the forefronts of my investment

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strategy

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I want to pass on an almost egregious

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amount of assets to my kids you you

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you're you're you're not getting it I

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want to make sure that I make a literal

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Legacy I grew up broken poor and I've

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gotten this far so I know that the sky

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the limit I want to make sure that the

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next

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generation is is is so well off that

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people are jealous of them like that

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kind of level and all it takes is is

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diligence putting money into a market

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and holding on to these assets because

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this is exactly what the rich are doing

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and they've been doing it for a long

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time and it's very significant and I

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hope that if you're following this

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channel that you you're you're you're on

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board already you jumped on board you're

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paying attention to something that's

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going on because it's getting crazier

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and

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crazier when you hear the amount that

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these companies are telling people to

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allocate from their portfolios into

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Bitcoin and people still don't pay

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attention once again if you're outside

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of the market you're outside of the

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market it's not that I don't care it's

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just more of a I can't convince you to

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to to to to to drink from the well but

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if you are part of the community that

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built the well you know what water

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tastes like you had a sip and you went

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I'm going to go get some

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soda I I I can't I can only do so

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much 1 Mill ion wallet addresses out of

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8 billion

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people this is a form of wealth

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consolidation and a wealth transfer that

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we will probably never see again there's

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not going to be another asset class

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created all the asset classes that we

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have now have been around for hundreds

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if not thousand years I'm I'm doing a

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soft Thousand Years the fact that

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someone created a brand new asset class

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and people don't pay attention to it

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it's crazy bitcoin's only only been

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around for 15 years it's a trillion

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dollar

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asset so hope you got something from

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this hope you left a like on the video

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um I hope you've all enjoyed hope you

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all are having a great day a great

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morning a great afternoon a great

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evening wherever you are wherever the

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heck you might be I do hope it's

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absolutely fantastic thank you all once

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again for watching listening liking

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commenting and

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supporting and preparing and I do hope

play20:30

to talk to you all

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soon see you

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Related Tags
Bitcoin WealthCryptocurrencyInvestment StrategyMarket AnalysisWealth TransferRich InvestorsAsset ClassDigital ScarcityEconomic OutlookBitcoin Skepticism