1308: “Bitcoin Will Hit $12.5 Million At THIS Date” - Robert Breedlove

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3.6 • 626 Ratings

🗓️ 10 June 2023

⏱️ 24 minutes

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Summary

Bitcoin bull Robert Breedlove, host of The "What is Money?" podcast is predicting the massive expansion of the US dollar supply in the next eight years, which he says will ignite Bitcoin’s meteoric rise to $12.5 million. "During that time, I expect Bitcoin [to be] the ultimate, irrepressible non-counterparty insurance policy against central banks to appreciate in tandem, so I think its purchasing power will increase to $1 million in 2021 purchasing power [terms] but by that time, due to the expansion of the money supply…Bitcoin will actually be nominally valued at $12.5 million." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Oh, that's my prime delivery.
0:01.6	What, already?
0:02.6	Only one thing can match the buzz of Prime's fast delivery.
0:06.2	And that's the buzz of Prime's entertainment.
0:09.0	What are we watching?
0:09.7	Heads of state, that new action comedy with Idris Elbert as the Prime Minister,
0:13.3	John Cena as the president, and Prianka Chopra Jonas,
0:15.9	as their only hope.
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0:27.5	For more information, go to Amazon.com.com. U.K. slash prime.
0:30.1	In today's show, Bitcoin price avoids three-month lows as crypto dive liquidates
0:35.0	$390 million. And quoting billionaire Michael Saylor, no one can
0:40.3	outturn inflation. Everyone can buy Bitcoin. And quoting Max Kaiser back from 2011 via the Kaiser
0:46.8	report, Bitcoin is the currency of resistance, the new, better gold. It's going to $100,000.
0:52.2	It's the best way to fight. Fiat money, corrupt bankers,
0:55.1	everyone should buy Bitcoin. That's right. Also in today's show, the SEC can't find
1:00.5	Binance CEO, Shung Ping Zhao, and ask the court for alternate service. We'll also be discussing
1:05.7	Ethereum needs to make three crucial transitions to avoid failure, according to Vitalik Bouturin, as well as Argentina,
1:12.8	ready to support Bitcoin with a gathering and event in Buenos Aires. We'll also be discussing
1:17.5	one social metric flashes bullish for Bitcoin amid the market downturn, according to analytics
	...

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