play the [Music] track are you not entertained oh yeah tee up that Ric Flair Baby Woo Bitcoin has eclipsed 100K and as we said yesterday this is only the beginning we had arguably the biggest news day in the history of Bitcoin drop and you're not going to believe it but jome pal and Russia just signal the most epic Bull Run in Bitcoin history get ready because everything has changed and the switch on the nation state race to accumulate Bitcoin just got flipped punch that [ __ ] I'm Rustin head of news at simply Bitcoin and
we have arguably the most bullish show in Mankind's history to get to send [Music] it one of one of the reasons I wanted to actually ask about Bitcoin is to some degree people think that that is a symbol of people's Faith or lack of faith in either the US dollar or in the Federal Reserve itself in terms of the system what do you think of that idea I don't think that's how people think about it I mean it's it's so you know U people use Bitcoin as a speculative asset right it's it's like gold it's
just like gold only it's virtual it's digital people are not using it as a form of payment or as a store of value it's highly volatile it's it's it's not a competitor for the dollar it's really a competitor for gold that's really how I think of it all right where's Peter Schiff do you see that isn't it beautiful Peter and Warren where is he where's Mr rat poison that's right you better run and did you hear that the chairman of the Federal Reserve just said Bitcoin is competing with gold the gravity of this cannot be
understated yes Jerome pal has officially entered the bargaining stage and who stayed up last night to see history this family sure did roll the clip yeah all right now let's get to some numbers and news quick here we go the New York Times they finally bent the knee what a glorious headline and this guy's absolutely huge Elon Musk calls El Salvador's strategic Bitcoin Reserve impressive dominoes here we go here's a live look in at naib Buell doing a Bitcoin portfolio check and yes it appears El Salvador could very well by Guatemala in the near future
hey the memes become history at this point so just go ahead and Mark it down we are now at the stage where presidents are showing strength by posting their Bitcoin portfolios and dissing Peter shiff and uh correlation not causation but since the release of money electric Bitcoin has climbed from 60k to over 100k and it's one of the top on all of HBO Max probably nothing now in case you missed yesterday A wise man wants said after we hit 100K it's smooth sailing to a million and he may have been on to something check out
this clip from Samson Mau and then we have to get to the massive news out of Mother Russia of all places roll it yeah so 100,000 or 0 1 M it's sort of a psychological barrier much in the same way as uh 10,000 was a barrier and a th000 was a barrier and 100 was the barrier so I think once we pass 100,000 it's just smooth sailing up to 1 million and it shows that Bitcoin has that growth potential so once you cross that threshold into the U 100,000 range I think it's going to first
accelerate so bitcoin's growth trajectory is not going to be growing at 1,000 every couple days or dropping by 1,000 but you'll start to go up by 10,000 a day or drop by 10,000 a day and this is the god candle and after that we'll start to see Omega candles which are 100,000 increments Daily Post 100k that's when things start to heat up and it starts to accelerate you're further along that steep exponential growth curve Global Bitcoin fomo begins now plan accordingly time is ticking and the Bitcoin Supply is dwindling are the ETFs letting up absolutely
not my friends they are accelerating and for good reason you remember what our good friend Jerome pal said about Bitcoin and the dollar in the intro well it appears Putin and Russia are a little more bullish now here is Putin on the dollar and then an absolute historic moment and sound bite with his statement on bitcoin roll it the share of the US in the world economy is reducing and it means that the influence of Dollar on world economic processes is also reducing that is why quite naturally we see processes with the use of other
instruments for instance Bitcoin who can prohibit the use of it no one or the use of other electronic ways of settlements no one can ban the use of them because these are new technologies anything can happen with dollar these instruments will continue developing because everyone will try to reduce costs and to make these instruments more reliable this is inevitable and dollar has nothing to do with it but if we see that the use of dollar is reduced by if they do it themselves they will undermine their basis of their own economic dominance and this is
obvious and I absolutely agree with you on that you know I feel like when we said the Strategic Bitcoin reserves the ETFs micro strategy El Salvador they were all going to change everything forever I think a lot of people thought we were just regarded which we are but nonetheless some people did not grasp how massive these Milestones were and not to mention the actions by the West against its own people the past few years the timeline is accelerating and we have a chart no one is talking about and this chart confirms 200k and Beyond could
be coming and in a hurry go ahead and call it the bat signal if you like but before the big reveal look at our likes but you can't do this to me you know how much I sacrificed enjoying the show so far don't forget to like subscribe set those notifications for the best in Bitcoin delivered to you daily give us a p while we take a moment to recognize our sponsors the masters of Bitcoin self sovereignty the Bitcoin way you're looking to learn how to bitcoin how to properly secure your Bitcoin you might want to
head on over to the newly revamped Bitcoin way website where you can begin your road to bitcoin sovereignty today if you're looking to schedule a free 30-minute consultation go ahead and use that link below in the show notes all right buckle up Lads it's big finish [Music] time yes we fuing did it .1 million Bitcoin and yes the meme is becoming history putting my country on a Bitcoin standard and yes gigachad gave a Bitcoin master class on Fox Business yesterday none of that matters that's just noise here is the signal boom Boom the MC rib
is back Bitcoin historically goes up greater than 2x after the MCB returns don't fade the MC rib this is why the move to 200k is going to come really fast and a little Furious the global fomo is about to heat up thank you MCB orange man is taking credit yes he did good the Trump pump and whatever we appreciate it thank you orange man and I know we took it easy on them during Thanksgiving but if your family has not bought any corn by Christmas it might be the right time to go dmer on the
fam before letting them leave they'll thank you later Bitcoin is the best crypto okay what's the second best there is no second best there is no second best crypto asset there's a crypto asset it's called Bitcoin right because guys you know what the MC rib is telling us the great rebas is coming yeah that's right the reement from dollars to Satoshi it's the ultimate solution for the US debt roll it a lot of people are just going to wait until the US does something and that the likelihood of the US doing something is obviously dependent
on Trump winning MH Trump likes to check mark his promises like when he said he'll build a wall he didn't build a wall straight across which was kind of implying he built a wall like you know partway so if he says he's going to create a Bitcoin Reserve treasury of 1 million Bitcoin if he does a th000 10,000 100,000 that's still good I think that will be a signal to the rest of the world that this is happening and I think the domino effect will start to kick off when they see the US actually making
a move and I believe the US has to make a move because they're kind of backed into a corner with the spiraling debt that there is no way to get out of the only way is to rebase the Bitcoin and Trump has hinted at it I don't know if he really understands it but he said May we'll pay off the debt with a little bit of Bitcoin and I've been saying you should just rebase dollars to Satoshi and say your debt is now repayable in SATs and you might think it's crazy but it's actually not
this is where we are in the story now and the first country to use their money pror to buy Bitcoin gains a massive geopolitical Advantage crossing my fingers I hope it's the USA and special announcement the countdown to bitcoin Alaska in Juno continues don't forget to grab your tickets they have some epic Fourth of July plans and this will be the 3rd through the 6th of July and check this out Bitcoin Alaska's whale pass comes with an 8h hour reception cruise up Tracy armf share the best of Alaska with other bitcoiners and our will pass
is only $800 or paying Bitcoin for 15% off the ticket are more scarce than Bitcoin less than 100 left we're talking a literal whale pass you may see humpbacks orcas while you're on the boat absolutely epic Alex gladstein will be speaking you do not want to miss that so head over to bitcoin alaska.org and grab those tickets today hope you guys enjoyed this one don't forget to like subscribe give us a p and spread that sound money gospel and if you want to keep this bullish party going click here and I'll catch you all on
Monday new episodes of Bitcoin Point simply with Dante comeing your way so stay tuned and I'll catch you all next time peace if you prefer to go down with the ship you