Bitcoin – BTC Max Keiser: “Munger Is A Cock Block For Bitcoin” A fun day to my entire crypto Brethren and sisters out there hopefully you’re stacking some stats during this correction in today’s show bitcoin price May retest twenty thousand dollars on uscpi amid the absence of a soft Landing I’ll be breaking down the latest technical analysis also London emerges As the world’s most crypto-ready city for business according to this latest research that’s right an examination of eight key data points determined London to support the highest crypto Readiness to entice businesses and startups also in today’s show Craig Wright AKA faket Toshi wants his two and a half billion Dollars demanding for Bitcoin hard Fork also in today’s show ftax collapse and other crypto scandals of 2022 will benefit Bitcoin says Michael Saylor I’ll be breaking down why also in today’s show guess what a new record half the Bitcoin Supply hasn’t changed hands in two years while my long-term hodler Diamond hands at makes some noise also in today’s show Max Kaiser the Bitcoin OG says Charlie Munger is a block for Bitcoin that’s right Monger wrote an opinion piece titled why America should ban crypto in the Wall Street Journal and Max Kaiser’s response Monger is just trying to block with that withered Piece of string and pancake batter balls he has got also in today’s show check it 150 billion worth of gold is mine annually if 150 billion worth the Bitcoin was mine annually after the 2024 having then one Bitcoin would be worth four hundred thousand dollars per coin Will also be taking a look at the overall crypto Market all this plus so much more in today’s show and welcome everyone tuning in to today’s live stream of crypto news alerts Pod episode number 1185 I’m your host JV happy Sunday February 5th and as we can see The current crypto Market is currently correcting and in the red you can see Bitcoin down 1.2 percent for the day but still trading above 23 100 we have ether down 1.3 percent trading at 1643 and all the major altcoins in the red read and correcting and checking out coinmarketcap.com you can see the Current crypto market cap still sitting above that trillion dollar Milestone just shy of 1.1 trillion with 44 billion in volume in the past 24 hours current bitcoin dominance at 41.6 with The Ether dominance at 18.8 and checking out the top 100 crypto gainers in the past 24 Hours agix up 56 trading at 42 cents GRT up 16 trading at 11 and a half cents followed by okb up four and a half percent trading at forty three dollars and 42 cents and checking out the top 100 crypto gainers for the past week Agix up 129 hex up 51 and we also have let’s see IMX up almost 33 and checking out the crypto greed inferior index we’re rated the same as yesterday a 58 in greed last week was a 55 and last month a 26 in fear and welcome to all of Y’all just tuning in if you’re new you to the channel you know what to do smash that like and hit that Bell icon to turn on all notifications let’s now dive into today’s Bitcoin technical analysis and check out the charts Bitcoin can face a Recess of 20 000 and the US will fail in its plans for a soft landing on inflation according to the latest data and a YouTube update on February 5th uh crypto analyst Mi Calvin nepop founder and CEO of trading8 firm warned that the tide is due to turn for risk assets and Amid confusion over how incoming U.S macroeconomic data may affect the market sentiment van day pop says there’s an increasing chance that the rebound seen in crypto and stocks this year may flip bearish for example Bitcoin saw 40 gains just this month of January well I should Say last month but like some others he believes that’s disappointing February is a real possibility quoting him here I think that people should understand that there is no soft Landing that there is likely a continuation of this downward trend on the markets he said the U.S Vande pop continued would probably have A recession thanks to the extent of the fed’s interest rate hikes and should a come down begin to show itself for Bitcoin a potential retest Target lies between 20 and 21 thousand dollars so that’s the I’d keep your eyes out on the Mark just depends on the outcome of the CPI data for January due February 14th which is next week should it show that in face inflation is slowing less than expected or even disrupting that downtrend the results could benefit the US dollar while taking the wind out of risk assets rally meanwhile the U.S dollar currency index is currently in The process of consolidating after dropping 13 percent since mid-2022 when it circled 20-year highs quoting van day pop in this case the next week we’ll probably bring a case of the dollar starting to Rally or the week after with CPI and PPI so that’s why it is very Important to keep an eye on that chart which you can see here meanwhile others debated the potential for bitcoin price pullback ahead of the less significant macro economic week a higher low would provide a better entry point for Longs popular Trader crypto Tony suggested arguing that the bear Market remained in Play quitting him here even if this was the start of a bull market and personally I am still in the camp that we are not you can still get a good safer entry on the higher low pullback now some familiar bullish voices were as active as ever including crypto and Market education analysis and prediction tool income sharks as he shares here people still seem to be confused as to why it’s been up only its summarized Bitcoin traded at around 23.4 and according to data from coin Telegraph markets Point trading view with around 15 hours until the U.S weekly close Quoting him here just remember the majority of the Bulls are still holding and not selling the Bears are stuck in cash slowly but surely the Bears are caving in and buying the stubborn ones keep shorting driving the price up further so there you have it let me know If you are currently bullish or bearish on the king crypto do you feel it’s more likely that we continue on up potentially smashing twenty five thousand dollars and taking out that resistance or do you feel likely to crack potentially back down to twenty thousand dollars the major psychological Resistance for years for the king crypto let me know your thoughts in the comments right down below and now let’s discuss some adoption for crypto in London which kind of hit me by surprise because I didn’t know their adoption was so good for businesses to be attracted To there but here we go amongst the crypto regulations mainstream adoption of cryptos requires a supporting infrastructure that can allow the general public access and exposure to that ecosystem when considering eight key indicators around taxes ATMs jobs and events in crypto London stands at the top as the most ready city in the World for businesses and startups right off the top I kind of disagree I’m going to throw El Salvador out there as the number one place in the world to go visit as far as a country is concerned in Bitcoin City being my top pick but anyways United Kingdom Prime Ministers Vision to ensure the UK Financial Services industry is always at the Forefront of technology and Innovation is on the right path research conducted by recap shows an examination of eight key data points determined London to support the highest crypto Readiness to entice businesses and startups as you Can see here in this recap number one London number two Dubai number three New York City number four Singapore number five La number six Zug I guess in Switzerland and number seven Hong Kong not to shabe now check this out they also list all of the top 50 crypto Hub Cities as well you have United Kingdom rated number one United arid eminent I’m sorry United Arab Emirates number two Us number three that’s new uh New York City as far as the city but by country you can see the breakdown right here and the above list shows the top 50 major cities But in infrastructure ready for Mass adoption of cryptocurrencies some key factors considered in the study include the total number of crypto-specific events crypto related jobs crypto specific companies and the number of crypto ATMs some of the non-crypto considerations include quality of life research development and spending as a Percentage of the gross domestic product and capital gains tax rate and of the lot London is home to the most people working in crypto related jobs an indication of higher interest amongst the general public in the crypto ecosystem however other cities overshadow London and some metrics strengthening the case for the global Adoption of cryptocurrencies now steering forward in the quest to stay at the Forefront the bank of England and his high Majesty’s treasury highlighted the need to launch a central bank digital currency by 2030 and as previously reported the sources claim that the digital pound roadmap is said to be introduced by mid-February area That’s right around the corner the UK reportedly experienced a 35 drop in cash and coin payments in 2020 indicating a trend towards a cashless transacting Society so there you have it if you had any option to live anywhere in the world to help usher in this Bitcoin adoption What place would you choose to live would it be El Salvador would it be Puerto Rico that’s where I’m currently at would it be London or where would it be let me know in the comments right down below with that being shared now let’s discuss the latest with fake Toshi Aka Craig Wright and him calling for another Bitcoin hard Fork judge Colin briss of the London Court of Appeal on Friday ruled that Craig Wright’s lawsuit against 14 Bitcoin developers has what it takes to go to trial Craig Wright through tulip trading claims to be Satoshi Nakamoto founder of Bitcoin he Is suing 14 developers seeking to recover a hundred and eleven thousand BTC the hall is estimated to be worth a whopping two and a half billion dollars at today’s rates however the figure could be higher if Bitcoin continues to Rally that’s right also consider there is a massive discount from the all-time Highs of 69 000 now in the lawsuit Craig said he lost the private keys of his wallet after his home computer was hacked therefore he can’t recover the coins even so through his company tulip trading Craig asserts that developers should intervene by introducing code changes for him to gain access Interesting name for a company tulip trading who the hell would name their company that cried right unlike ordinary cash transfers Bitcoin transactions are irreversible once confirmed by a special computer called miners miners are tasked with confirming transactions and because there is no third party in the system and all transactions are Auto verified The sender must sign each transfer ensuring that they own the wallet and behind each signature in a wallet is a private key that verifies the ownership and liking Craig’s case it is virtually impossible to recover assets without a private key not your keys not your keys for regardless of the amount coins that A private key cannot prove or considered lost and as it stands Craig writes 111 000 BTC is technically lost levitating in the Bitcoin digital ether and if he is telling the truth and really lost a hundred and eleven thousand Bitcoin guess what it’s a raise for all of us Diamond hand Bitcoin Hollow there’s our Bitcoin will be worth that much more as it’s that much more scarce this state of affairs would only change if developers roll back the Bitcoin Network and for this to happen Miners and interested parties must find a consensus that’s not happening no one’s supporting faketoshi Just saying considering bitcoin’s the centralized nature any attempt or request for a rollback would likely be rejected immediately facts and in 2019 binance was hacked for 7000 BTC it’s CEO CZ touted the idea of a Bitcoin rollback to recover the coins which was rejected and although the case was thrown out Last year the court appealing ruling favors the plaintiff precisely it states that code writers now owe duties to coin owners who are in this case Bitcoin hotlers including Craig Wright and tulip trading this puts pressure on the developers of a public network and might discourage participation in the future Most open source code writers behind platforms like Bitcoin ether and others were contributors adding code to make the protocol better stronger and faster so whether or not this duty holds an open source Network developers they are responsible to token holders which will be determined at full trial how do you Think this trial is likely to play out let me know your thoughts in the comments right down below all I know is this deep down in my soul I know that fake Toshi aka Craig Wright is not Satoshi Nakamoto whatsoever and any attempt to do another hard Fork on the Bitcoin Network I am totally against as I wasn’t for the Satoshi Vision Fork of itself which occurred several years back and also the Bitcoin cash Fork I’m not a fan of which Roger Veer has been touting for a long time and as you can see they have been dwindling in comparison to the Real Bitcoin because there’s only one real Bitcoin oftentimes people will Fork Bitcoin to keep Bitcoin in the name because newbies get confused if you’re brand new to crypto and you go to bitcoin.com and you see Bitcoin cash and you get confused you think it’s one in the same with Bitcoin the original Channel you know what I mean investors can get taken advantage of that’s why I’m not a big fan of these hard Forks but that being shared now let’s break down the latest with Michael Saylor and what he has to share regarding uh what will benefit a Bitcoin which this FTS Collapse he said will only help out tremendously in the future in a new fourth quarter microstrategy earnings call the Bitcoin Bowl predicts a more rational approach to projects and Enterprises and the crypto space and the aftermath of the many failures of last year including the FTX implosion he says Many of the token projects that fell apart during the challenging microeconomic conditions in 2022 where doomed from the start due to the weak use cases makes a great point he also says bitcoin’s strength is a decentralized digital commodity was underscored by the failures of other projects that did not share those same Qualities quoting the Giga chat here if you look at the microeconomic situation in the past 12 months most of the crypto Enterprises and the crypto assets and the crypto use cases have melted down in that time period and of course we know the stories of the bankruptcy is a Blocked by in Celsius and FTX and Genesis and Voyager in helhamita and we all know about the meltdowns of all the crypto tokens the Luna token the Terra token the ftt token Etc in our opinion these are all very weak use cases and they are very fragile structures and it Was a matter of time before they do melt down the Meltdown of that has created short-term negative headwinds for Bitcoin because Bitcoin is cross-coateralized with all these other cryptos but long term the rationalization of the crypto Market will be beneficial for Bitcoin it has educated an entire generation of Investors on the benefits of Bitcoin as a decentralized digital commodity and the benefits of not having counterparty risks let me know if you agree or disagree with Michael Saylor and to watch this video he did entitled microstrategy Incorporated mstr fourth quarter 2022 earnings call check the show notes below the video in the Description so there you freaking have it now let’s dive into our next story of the day and massive shout out to all my diamond hands where you at massive shout out to all my long-term hodlers as we just hit a new record half of the Bitcoin Supply hasn’t changed hands in Two years that’s right according to data from analytics from glass node 49 of the total Bitcoin supply has stayed in the same wallet for more than two years this is equivalent to more than 9.45 million bitcoiners or about 220 billion dollars at the time of this recording glass node Further explained this trend with a graph that shows the previous Peak came in the last quarter of 2020 and the beginning of 2021 the peak ended during the bull market of 2021 because holders began selling as the price of Bitcoin went up as you can see here in this Chart and asked for the massive dip and the value of Bitcoin the indicator dipped and remained stable for almost most of last year this means the Bitcoin holders decided to wait for a price increase before moving their Assets in the middle of the bear Market smart move however this trend has changed since December with a significant increase driven by the consistent rise in the value of Bitcoin currently 49 of Bitcoins have not been moved in the past two years and investors are bidding their time as we Face a new bullish cycle for the king crypto the fact that investors have held steadfastly to their Coins as a bullish indicator obviously for Bitcoin and shows that there is still a lot of confidence in the leading cryptocurrency Bitcoin is considered the primary Market mover and several institutions hold the asset on their balance sheet including microstrategy which was the first publicly traded Company to do so it is also a legal tender in El Salvador and in the Central African Republic with several Nations contemplating adding the digital currency to their list of national currencies including places like uh Brazil which has a population of over 200 million people Bitcoin has also been Used as a means of donation in the ongoing Russian Ukraine war and the latest bullish cycle can create more in roads for adoption since the beginning of this year Bitcoin is up by about 38 percent and recently hit the 24 000 price Mark for the first time since August of 2022 long-term investors are likely preparing to take profits at the higher levels as the price can continues to hit new levels earlier in January the amount of Bitcoin addresses and profit hit new levels with 68 of the addresses now in profit so congratulations to all My hodlers in profit the last time this happened was mid-2022 when the price action was about 40 000 and in a sharp decline so there is a trend that we could be in for an extended Bull Run in the coming months nevertheless some believe that the first quarter of the Year will witness the consolidation of the price of Bitcoin before a significant price boost for the second half of the year it would be interesting to see if this is a temporary price spike or a major Bull Run let me know your honest thoughts in the comments Write down below which leads us to our final story of the day let’s discuss Max Kaiser’s thoughts on Charlie Munger the 99 year old investor I want to share a quick story I saw with Michael Saylor when he was being interviewed on CNBC and they asked what are your thoughts on Charlie Munger saying that like you know whatever Bitcoin is going to go to zero it has no intrinsic value it’s rat poison Etc and he said do you take technology advice on new technology from your great grandparents isn’t Charlie Munger old enough to be your great great Grandfather and then the host was kind of speechless that is a fact why would we be taking cryptocurrency advice from a 99 year old great great grandfather just saying but with that being shared let’s dive into this story this is freaking hilarious there’ll always be people like Bitcoin and those who oppose It unfortunately the latter group mainly exists due to a lack of understanding I call it fud puppets I believe they’re just bashing it as they’re told to do no one is surprised to see certain people dismiss Bitcoin and other cryptos as if they shouldn’t exist but unfortunately numerous individuals including Peter Schiff the ultimate troll Warren Buffett and Charlie Munger they maintain their backward mindset the latter wrote and opinionated news piece earlier in the week and the piece he claims that the US government should do everything it can to ban cryptocurrency while it is okay to have a strong opinion being ignorant Isn’t a good trait anyone with a basic understanding of crypto with no governments cannot ban crypto so good luck I mean even if they tried best of luck China has tried to do so through multiple efforts however Bitcoin and altcoin trading is still very popular amongst the Chinese users it is Literally impossible to ban something that cannot be controlled facts and in addition Bitcoin has proven to be beneficial in many ways it push for the renewable energy while mining has helped power grids across the Us and other countries and in addition its alternative approach to finance creates a vehicle to achieve monetary Freedom That’s right Bitcoin equals sovereignty Fiat crap equals the enslavement of humankind the latter part is one of the key reasons why individuals like Munger want to ban crypto they aren’t interested in having Everyday People explore things monger and cohorts can’t profit from and although the opinionated Piece got a bit of attention it is mainly laughed at hahaha moreover hardcore Bitcoin OG Max Kaiser shared some insights he claims that Munger is a block and wants to delay the inevitable people Bitcoin and crypto aren’t going away it will only build more momentum in the coming years so This Charlie Munger writes an opinion piece title why America should ban crypto Max Kaiser’s epic response monger’s just trying to block with that withered piece of string and pancake batter balls that he has got hashtag poetry I’m where I stand with Kaiser on this moreover El Salvador recently proved that all the naysayers Are wrong although Monger isn’t a fan of making Bitcoin legal tender in the country El Salvador did not default on its 800 million dollar Bond as they were all projecting if anything the money was paid swiftly despite president bukele continually buying more Bitcoin with the government money talk about buying that Dip he put his money where his mouth is for the country and now they’re benefiting handsomely building such momentum may be easier in El Salvador than in the U.S however when people like Munger call for a crypto ban one must wonder about the outcome if the US government fully embraced Bitcoin it Could do a lot of good for millions of people when implemented correctly especially with banking the unbanked but instead there is a growing talk of a U.S Central Bank digital currency better known as cbdc such a currency would Grant more surveillance over consumer spending which is the last thing that People need just say no to cbdc’s and quoting Joe Bennett here he points out 150 billion dollars worth of gold is mined annually so how scarce is that precious metal if 150 billion worth the Bitcoin is mine annually after the 2024 having then one Bitcoin will be worth 400 000 per coin send it and let’s freaking go so there you have it how many of you are currently pretty bullish and hopeful for the future price action of the king crypto I’ll let your boy in the live chat and now let’s dive into the live q A you can literally ask me anything let’s have an epic session here I appreciate each and every one of you in the live chat including Barry uh Lawrence abramoff I appreciate the Super Chat contribution as always fam we have Jeff s we got statwise Jank says good morning just watching the American Sunday news show warmongering with China and nauseating political finger pointing as usual what else is new can’t wait to hear what the high priest of Bitcoin is saying now I appreciate you tuning in to listen to it good morning gang says shank and back welcome fam another day a Few more stats stacked that’s what’s up keep stacking them stats pluggo says good morning to the crypto news alerts fam uh Lawrence says glad to be catching a live show today I appreciate you tuning in live he says the only IMF I respect is the one with Ethan Hunt Luther and Benji smashed I appreciate that Smash Thank you very much smash smash smash smash time it seems welcome brother to anyone holding Flair cell fam only weigh a zero for that ish coin says Lawrence um Barry says no Flair Lawrence says we got air dropped it for holding xrp by Now the Creator is a thief and scammer and review using to give everyone what they are owed so sad to hear that very disappointing to say the least at least even Luna classic is ranked 50 in the market cap good Lord is it really Lawrence that’s nuts hey JV watching From Georgia I appreciate you tuning in live from Georgia J how are things out there in Georgia let me know yeah TJ says everyone will get into Bitcoin when they deserve it hard-headed close-minded people will be last facts I mean everyone buys Bitcoin at the price they deserve watching from South Africa I appreciate that selling with twins always a pleasure good morning says ESP my brother from another mother Long Live JV long live the gods one love appreciate that fam give us your flags fam let’s see the spread says sailing word up satwise says 20 000 would fill The CME Gap and be a normal pullback I’d start stacking stats hourly again below 21 000 as long as it lasts because you won’t see those prices again the way I’m looking at it I’m such a long-term hodler I’m not a day day trader like a Lot of these guys on YouTube you know it’s like yo Buy Here Sell there no I just keep stacking for the Long Haul and I look at the bigger picture it makes no significant difference if I buy at 23 000 or if I buy it twenty thousand or Twenty One Thousand at the end of the day I’m just driving my myself crazy so for me I’m just going to stack as many stats as I can regardless of the price knowing right now the price is drastically discounted from the all-time high of 69 000 so looking at it from a Long-term perspective why am I beating myself up did I buy it 21 did I buy it 22 did I buy no it is what it is because when Bitcoin returns to an all-time high what is that like forty thousand dollars in profit per Bitcoin so I mean to me It’s just common sense but hey do what you got to do you’re gonna pay for Bitcoin at the price you deserve at the end of the day some of you will pay a lot higher some of you will pay a lot lower it just is what it is greetings JV From North Carolina Welcome Michael glenser I appreciate you tuning in family how many of you are anticipating a twenty thousand dollar pullback great point there is a CME gap between 19 and 20K anything can happen you know what I mean I can’t go all in because I Stay all in says Matthew C much love I can definitely relate watching from Scranton Pennsylvania welcome fam appreciate you tuning in from there SpongeBob welcome tough cookie good morning who thinks we peak in October 23rd then 2025.so what’s the significance of October 23rd in particular please do enlighten me Sailing says added to the hot old bags today congratulations going to keep adding as we go up or down these prices are history in a few months let’s freaking go fam rocket ship to the Moon I agree with you sailing I share that same sentiment or late 2024 going to Keep an eye on the technical analysis trading near the next top says Matthew Jeff says tulip trading refers to the speculative bubble that occurred in the Dutch Republic during the early 1600s where the price of tulip bulbs skyrocketed before crash and suddenly exactly why would you name your company After the biggest Ponzi ever I don’t I don’t understand that’s like me starting a company and calling it FTX the true FTX like why would I do that it just goes to show you that he is most likely a scammer fake Toshi you know what I mean nothing adds up whatsoever None of his claims he’s Satoshi and I am the Green Lantern exactly and I’m Spider-Man call me Peter Parker is that wise Jank says why doesn’t Craig Wright just sell all of his Satoshi Vision garbage before it crashes to zero and go away exactly you make a great point he Is Satoshi yeah yeah right tough cookie gonna do the same but ready for this year too the event has been studied and discussed as an example of market irrationality and the excesses of speculative investing Matthew says I was late to the game started 2020 of the having got wiped out buying minor stocks In 2019 learned my lesson went from paper hands to Diamond hands congratulations after watching my old bags I lost on I mean that’s all it takes as soon as you have some massive losses you learn a lesson real quick tough cookie says January 2021 for me got some expensive Bitcoin in my bag SpongeBob says Diamond hands and laser eyes that’s what’s up where all my diamond hand laser eyes at Holly’s boy good morning says megadon Diamond hands here and stacking for the future massive congratulations show all my long-term huddle there’s some love in the comments Mark Zellers greetings I was just in London I was the first strike user to buy a beer at the first restaurant to accept lightning you made history fam congratulations how is it overall your uh you know you’re feeling with it being one of the uh most welcoming cities for crypto businesses do you agree or disagree And I think uh lightning adoption there is tremendous Matthew says I’m with a 10 bag of alts swt just in case the Matrix wins I won’t lose out completely but I’m a Bitcoin believer word up satwise has anyone here altcoin dailies uh playing some manipulated AI of sailors saying he Regrets buying Bitcoin and wish he had bought eth no freaking way I didn’t hear that I commented that they should be ashamed for publishing manipulated foot exactly shame on you we know that is fun Mark that’s awesome bud something to be proud of absolutely SpongeBob says I seen Monger On To Catch A Predator Matthew says I think anyone with a whole Bitcoin will be worth over 10 million dollars in the next 10 to 15 years so could you imagine what you’d be worth with 10 Bitcoin or better yet 100 Bitcoin just keep 10x in that a thousand Bitcoin 10 000 Bitcoin 100 000 Bitcoin Then you get to the Michael Saylor Max Kaiser levels how much Bitcoin do you think Max Kaiser is huddling you got to keep in mind he became a Bitcoin millionaire I think he announced on his RT television show um the Kaiser report back in 2013 he was Pretty happy and excited I am a Bitcoin that was 2013.so I could imagine my guesstimate would be his worth many billions and billions of dollars in Bitcoin but when you catch it come up you got to keep it on the low you know What I mean also got to keep in mind he gifted his friend at the time Alex Jones 10 000 Bitcoin so for you to gift someone ten thousand Bitcoin just imagine how many Bitcoin you must have held at that time like you know what I Mean and this is all on the record just saying Mark says the community in London is incredible and they are pushing for adoption good to note it’s coming the only really bad thing is electricity is double the cost here so no mining in the near future well that would make sense If the electricity is high it’s not the ideal place for mining but still good for crypto adoption nonetheless sad to say my back shriveled up in 2022 it says tough cookie like Charlie mongers just saying yeah keep huddling fam the good news is if you didn’t sell you Didn’t lose because one Bitcoin in 2020 or 2021 is still equivalent to one Bitcoin today we get confused by looking at Dollar terms and we shouldn’t be so focused on uh the the dollar price of Bitcoin I just look at the SAT amount and as long as my stats are going up I Know I’m winning even if temporarily there’s a pullback in the dollar price who cares because eventually you know uh Bitcoin will keep eating away at the dollar value as it has been over the past 14 years and doing so in a tremendous fashion you know what I mean Max Kaiser might be the first trillionaire unless Taylor beats him you make a great point and you also got to consider that microstrategy is Sailors company so sailor’s company holds all that Bitcoin not Michael Saylor personally though Michael Saylor has a nice personal stash so you got to keep That in mind as well yeah I I would guesstimate that some of the most wealthiest in crypto are obviously CZ um bankman freed just got annihilated off of that list at one point the dude was worth 20 billion dollars but I say right now it’s probably CZ Um I’d put you know winklevosses are worth billions um I throw Max up there um he’s got to be worth billions in my humble opinion um Max and Stacy of course they are a couple um I don’t know uh the coinbase CEO Brian Armstrong’s probably worth a few billion Um a lot of the the CEOs of the crypto exchanges are probably amongst the most wealthiest in crypto and then you also have the angel investors um and stuff like that so there’s quite a few people out there um as long as you kept your balls in Word huddle exactly you ain’t telling no lies fam tough cookie says thinking of getting an S minor and having 25 a month electricity charge Max at 120 volts if I’m reading that properly how many of you are currently mining Bitcoin or any crypto let me know in the comments right Down below and is it profitable right now with the current prices at 23 100 I could imagine when we hit that low of Sixteen thousand or was it like 15 7 that may have been a very difficult time to be profiting as a minor but once after January we saw that price action Increased by about 40 percent I would imagine and like to think that most the miners are in profits right now with the current price Barry says a lot of the scrims are very happy also with the Bitcoin process help some money and preach it’s a good life a good Live bankman freed only had one Bitcoin he was a fat Rich Ponzi King for a Day facts he was actually selling fake Bitcoin he was taking your real Bitcoin then shorting it replacing it with fake cryptos that he had full control over and as Kathy Wood pointed out of Arc Invest bankman freed hated Bitcoin why it’s decentralized and he couldn’t control it he likes ftt he likes the coins that he can prop up out of thin air things like uh Solana Etc you know what I mean I am mining but I get free Power at night says raven boy crypto What’s your secret how do you get free Power please enlighten us so it’s always profitable for me that’s what’s up I think many of us would like to follow in your footsteps where are you from is vitalik buterin on the list of billionaires good question I have no freaking clue Um I wouldn’t know I don’t know if he’s up there he has to be up there as far as net worth I know at one point they were uh touting him as a billionaire but I don’t know what the current price actions if he fell off that list or what The reality is so if any of you guys know please do let me know who do you think will be the first trillionaire in the world I think that’s a good spec of bet will it be Jeff Bezos will it be Elon Musk will it be someone in crypto Personally I think it’s gonna have to become someone from crypto especially next Bull Run because everyone’s net worth is going to go up just returning to the all-time high everyone’s net worth is going to go up at approximately like 70 percent you know 60 to 70 percent just returning to the all-time High imagine if we 5x from the all-time high for this bull run we have a blow off top holy moly the first trillionaire will be minted and I think personally it will absolutely be a Bitcoin holler the only question is which Bitcoin hodler will it be I hope it’s Max and Stacy Much respect to them they’ve been telling us about Bitcoin back when it was a dollar in 2011.so if anyone does deserves it those two the power couple The Fearless Duo Raven says I live in Texas and TXU offers free Power at night because of its wind power freaking spectacular Shout out to Texas that’s awesome why dump says why would the market dump are you referring to fam maybe a correction underway as we just had the most prolific January for the past decade in Bitcoin literally the 40 pump for January was the best January since 2013.
so that may be a reason is that entire State Raven yeah let us know the whole entire state of Texas offering that free Power at night seize the moment let’s all take advantage of it we may have to relocate to Texas down to 10 percent eth got nervous on the SEC thing I feel you tough cookie I sold uh the bulk of my eat bag as well for Bitcoin why did I do that I don’t trust the ethereum foundation as far as I can throw them I absolutely don’t trust the SEC I don’t trust the regulators and I don’t trust the new protocol because It’s no longer a proof of work it’s now a proof of stake and it could potentially be deemed to security 30 as Gary Gensler the head of the SEC has already hinted towards that wouldn’t surprise me we’ll see how it plays out but I trust Bitcoin because it’s Decentralized I can’t say the same thing about ethereum I’m still a holder of ethereum I’m still preying upon its great fortune in the future but at the same time I know what’s good and I can sleep at night knowing my Bitcoin is safe because it’s decentralized and I Can’t say the same thing about any cryptocurrency in all honesty that’s just my two satoshi’s let me know what you guys think in the comments right down below with that being shared now let’s wrap up with the big finish which is a recap of what I cover with you here In today’s show we discussed Bitcoin potentially retesting twenty thousand dollars on uscpi amid the absence of a soft Landing we also discuss the city of London emerging as the world’s most crypto-ready city for business according to this research we also discuss Craig Wright AKA faketoshi wanting his two and A half billion dollars and demanding for Bitcoin hard Fork as if we didn’t already have one also in today’s show FTX collapse and other crypto scandals of 2022 will benefit Bitcoin says Michael Saylor and I shared why we also discussed a new record that Bitcoin Supply hasn’t changed hands in the last Two years so once again shout out to my long-term Diamond hand hodlers and we also discussed the latest from Bitcoin OG Max Kaiser in response to Charlie Munger Colin Munger a block for Bitcoin and I agree 100 we also discussed a potential four hundred thousand dollar bitcoin price action but Where do you feel the Bitcoin price is likely to go next let me know in the comments right down below enjoy 🔥 iTunes: http://itunes.cryptonewsalerts.net/ 🔥 Spotify: http://spotify.cryptonewsalerts.net/ Charlie Munger recently called for the US to ban crypto, but Bitcoin evangelist Max Keiser has clapped back with an interesting opinion.He claims that Munger is a “cock block” and wants to delay the inevitable.BTC and crypto aren’t going away and will only build more momentum in the coming years.“Munger’s just trying to cock block with that withered piece of string and pancake batter balls he’s got.” SUBSCRIBE TO THE #1 DAILY CRYPTO POD! ╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗ ║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣ ╠╗║╚╝║║╠╗║╚╣ ═╣ ╚═╩══╩═╩═╩═╩╝╚╩═╩═╝ – follow all of these or else it’s back to McDonalds: 🔥 iTunes: http://itunes.cryptonewsalerts.net/ 🔥 Spotify: http://spotify.cryptonewsalerts.net/ 🔥 Twitter: https://twitter.com/CryptoNewsYes 🔥 Telegram: http://telegram.cryptonewsalerts.net/ 🔥 TikTok: https://www.tiktok.com/@cryptonewsalerts – TimeStamps: 00:00 Trending 01:36 Market Watch 02:55 Bitcoin T.A.
06:10 London emerges as world’s most crypto-ready city 09:10 Craig Wright Wants His $2.5B, Demanding BTC Hard Fork 13:05 Michael Saylor on FTX Collapse 14:45 New Record: Half Of Bitcoin Supply Hasn’t Changed Hands In 2 Years 17:33 Max Keiser: “Munger Is A Cock Block For Bitcoin” 21:38 Live Q&A Show Notes / News Resources: ✔ Bitcoin Technical Analysis: https://bit.ly/3HY9mbE ✔ London emerges as world’s most crypto-ready city: https://bit.ly/3wWKHOt ✔ Craig Wright Wants His $2.5B, Demanding BTC Hard Fork: https://bit.ly/3X7sbxF ✔ FTX Collapse and Other Crypto Scandals of 2022 Will Benefit Bitcoin: https://bit.ly/3Rxlfsg ✔ New Record: Half Of Bitcoin Supply Hasn’t Changed Hands In 2 Years: https://bit.ly/3DLmgHB ✔ Max Keiser: “Munger Is A Cock Block For Bitcoin” https://bit.ly/3E4VXMX 🔴 DISCLAIMER: This is NOT financial advice.This is an entertainment and opinion-based show.
I am not a financial adviser.I am not responsible for any investment decisions that you choose to make.
Always do your own research and never invest what you cannot afford to lose.#bitcoin #crypto #maxkeiser #bitcoinnews source.
