#1441 Anthony Pompliano | Bitcoin Is About To Hit $100,000!
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Let me export bit in is a digital currency. The decentralized owned by nobody started in two thousand and nine and all of a sudden went from zero. And it's a bat across one hundred thousand dollar Price point.

Why is that important? Well, first, it's a round number and humans like round numbers. And so it's going to a lot of attention. People can't comprehend the fact that a digital currency could be worth so many dollars. But more importantly than that, one hundred thousand dollars nal fact, that big is not going.

And so when IT was smaller, a lot of large capital pools, big institutions, financial organizations, countries, sovereign wealth funds, that a, they saw that coin people with time to buy IT, and they always would say the same thing, it's too risky and it's too small. I have a lot of money. If I want to make money, I have a lot of money to work.

But when bitcoin started to get larger, IT became less risky. Is the only asset I know in finance. The larger that the Price point is, the less risky IT becomes.

And now all of these big capital polls can start to allocate. So why did I say that the world is gonna? Well, bitcoin is a reflexive asset.

The idea of reflexive vy is incredibly important. IT means that as the Price goes higher, more capital will porn, which will push Price higher. The fact that this is a reflexive asset means that I can accelerate at a very quick speed.

Let's go back to twenty twenty, and i'll show you what I mean. Bitcoin was trading around ten thousand dollars in september of twenty twenty. By march of twenty twenty one, about six months later, over a ten.

Bitcoin was then trading at sixty four thousand dollars as more than six hundred percent increase in a short period of time. Why does that happen? Because when bitcoin moves, the world pays attention.

As IT gets more attention, the news is talking about IT people from a word of mouth standpoint, telling their friends more capital person is a finite asset into that finite asset has to go up in Price in the order to accommodate IT. It's not like a stock, a stock that sees a lot more demand is are trading higher. The company usually issue more shares.

We'll try to satisfy the demand and raise capital. No one can create more big on. And so a finite supply with more demand being surprised has to go up that just economics want to want.

Now here's what's most interesting to me. Bitcoin already has had a terrific run over the last year. It's up one hundred and sixty percent.

Bitcoin is up one hundred thirty percent year the day. Compare the last year of bitcoin at one hundred and sixty percent to A S M P. Five hundred, only up thirty percent.

Bitcoin has destroyed the S M P in the stock market, but IT doesn't feel like bitcoin is at all time highs. If you going to look at google search trends, they're up, but they're not up as much as they were in possible markets. If you going to look at the news, they're talking about bitcoin, but IT isn't every single story like IT has been in passport markets.

And so I believe that we still have a long way to go in this world market, which means that when biton crosses this hundred thousand dollars thresh holds, the world is going to take notice. IT is such an absurd number for a digital currency that you can ignore anymore. There's gonna be financial advisors, large financial institutions, very big, big world funds in countries that all say now I need start doing this on top of that, we have micro strategy, which just raise another three billion dollars that are gonna start buying bitcoin as well.

They're literally buying IT right now. And I think they're one of the contributors pushing a bit on Price higher. And so any time you see an asset like bitcoin going up this much IT always beggs the question from the critic or what is the actual use case of biton.

That is where I think the bitcoin community has done a poor job of communicating. We try to sit and defend the bitch coin as if IT needs to be the next global reserve currency or needs to be used by a coffee and a coffee store. But instead holding bitcoin is the use case.

There are eight plus billion people in the world that have their currency devalued, thanks to their governments in the central banks. They have no way to protect their purchasing power unless there's gonna go and spend enormous amounts of money, get mortgage and bank approvals to buy real or maybe they have to go inside of for broker accounts and get approval to buy stocks. But instead, bitcoin IT simply says, regardless of who you are, as long as you have an internet connection, you are allowed to buy this asset.

You can store your economic value in IT and IT will protect you. IT will protect you from the central banks devaluing your currency. IT will protect you from losing your purchasing power.

That idea was first embraced by individuals, then we saw corporations and financial institutions, and now we are knocking on the door of countries. But everyone has the exact same problem. The fia c currencies in the world are going to be devalue.

How do I know the ted states just cross over thirty six trillion dollar national debt? We are adding about ten billion dollars per day. If you look at the last three months, we've added almost nine hundred billion dollars to the national debt.

These numbers are bunkers, and there is no slowing down in the future. Instead, the national debt continues to grow to the sky, and bitcoin goes up. At the same time, bitcoin is calling the blood of the politicians.

It's telling us that the national dead is going up. You're gonna have to devalue your currency and more, more people want. And again, if we go back to the idea of a finite supply, there will only ever be twenty one million.

That signals that if you can go and you can buy half of a bitcoin, one bitcoin, two bitcoin, three bitcoin, it's likely to be much, much more valuable in the future. There are many things that are set on the internet. There are many conspiracies that go very quickly because information travel so fast these days.

But one thing is turning out to be very true. The big winners were right. They have been calling out the devaluation of the currency.

They've been calling out the national debt accelerating. They've been calling out the fact that a finite supply of a digital desensitized currency would be incredible, valuable in the future. The big quinn's don't get everything right, but this, they got very right.

And so this is how markets work. People who ride their capital to buy bitcoin early, they are generating an economic return. More free markets are needed in our society. Bitcoin is simply the epidemic IT. And the more that we can see that these people risk not only their capital, but also reputation, in many cases, to go in by bitcoin early and then hold IT, which is a very undervalued point.

Imagine buying an asset at a couple hundred dollars and watching a go from a couple hundred to a couple thousand, back down to a couple hundred, then up to ten thousand, then back down to a couple thousand, then up to twenty thousand, and then back down eighty percent, and continuing to do that over and over and over again through all these cycles until bitcoin finally hits one hundred thousand dollars, and you never sold as a definition of diamond ands. And so many people will say that the big corners is got lucky, but the bitcoin is, are right end. If bitcoin ters are still holding bitcoin today, one hundred thousand IT means they held through all that.

I personally believe the buying is easy, but the selling is the hard part. And there's a lot of people who bought pick early. And at some point along the journey they stepped off the train.

They said, I ve had enough from a return. Same point. I don't think bitcoin as much more to go from here, and they simply sold their bitcoin to somebody else.

Those people are probably regretting IT now. And so when we watch bitcoin continue to rise, remember to be gracious in Victory. There are plenty of people who don't yet know about bitcoin.

They don't understand how powerful the technology is, and they don't realize how important IT will be for the societies moving forward. But instead of gloating, instead of dancing on graves, spend the time to educate them, welcome them into the bitcoin community. Somebody did that for you, and you should do that for them.

Help more and more people learn about this technology, because every single person in the world can benefit from IT. And then as you see stories floating around, remember that bitcoin has no executive team. IT has no board of directors.

IT has no marketing campaigns. Instead the only marketing of bitcoin or the people, the holders. And the joke in cross fit is, how do you know someone does cross fit? They'll tell you.

The same thing is with bitcoin. How do you know someone knowns bitcoin? They'll tell you.

And so the more that people spread word of mouth, the more that people educate individuals one to one, there's a bottoms up revolution that is where bitcoin continues to spread globally. There are estimated to be hundreds of millions of holders today. I think that eventually there will be billions of people holding bitcoin.

We now have corporations that are competing. There's microstrip, gy and meta planets, similar scientific defied technologies, miners like huddy, riot, marathon and others. Every single one of those companies wants more bitcoin on their baLance sheet.

Bitcoin is an asset, but bitcoin is an idea. And that ideas, time has come. We are watching history.

IT has been incredible to be on this journey with all of you. I just continue to think how fortunate we are to be here right now. In this moment, I have met hundreds, if not thousands, of people over the last few years.

These are everyday americans or everyday citizens of the globe. They're not trying to take over. They simply want a Better life for them and their families.

And bitcoin offered hope to every single one of them. Some of them started off buying ten dollars a week. Others already had some money and bought much more.

But every single one of them saw the same opportunity to take their economic value to store in a digital asset that was going to benefit as the dollar got devalued. To each one of you who did the work, congratulations. You not only did the work to learn, but you also took the time to take action.

There's a lot of people who said I should A, I would a, or I could have. But the big corners, they are the ones who actually did IT. And as bitcoin crosses one hundred thousand dollars, not only is a great milestone, but it's a signal that the bitcoin ers are right and the big quinn's understand, we still have a long way to go.

There are still billions of people in the world who don't understand the technology and don't hold the asset. But my guess is that's gna change in the coming years and decades. What a beautiful ride. We are so fortunate. Be gracious in Victory in bitcoin is now closing in on one hundred thousand dollars.