1396: “Bitcoin Will Hit $5,000,000 By This Date” - Michael Saylor

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 9 September 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Michael Saylor recently shared 3 catalyst which he believes will send the Bitcoin price to $5,000,000 per coin. "1. Spot ETF approval - inevitable. 2. Banks custody and lend against Bitcoin as collateral - coming soon. 3. Fair value accounting rules from FASB - ✅ Approved this week. I don’t know if they happen in 36 months or 24 months or 12 months but I’d be shocked if it’s more than 36 months and I hope it doesn’t happen in 12 months because my view is, the longer it takes the more progressive the grind, the more time I have to buy more of it.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	The five pound meal deal from McDonald's.
0:02.0	Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what?
0:08.0	That's right, five pounds.
0:10.0	It's not called the five pound meal deal for nothing.
0:14.0	From 11 AM, not available on delivery.
0:16.0	Carbonated soft drink upgrade fees apply.
0:18.0	Participating restaurants, subjects availability.
0:20.0	Some people think investing is, subjects of availability.
0:23.4	Some people think investing is a test of endurance.
0:28.6	But when you invest £100,000 or more with HSBC UK,
0:30.9	you have access to our network of advisors,
0:33.7	who will make it feel less like a marathon you haven't trained for and more like a 5K that's just your speed.
0:36.1	Because investing isn't a struggle when we're
0:37.8	here to help search HSBC financial advice HSBC UK opening up a world of opportunity capital at risk
0:44.5	HSBC UK current account holders only 100,000 pounds investments or savings required for the advice
0:48.6	service eligibility and fees apply lots to cover today in today's show Bitcoin's energy value metric puts the Bitcoin fair value
0:55.9	at $47,000 per coin. And quoting Max Kaiser, don't underestimate Bitcoin is destroying all the central
1:02.9	banks and the nation states. Max also says that properly secured Bitcoin is the first truly
1:09.1	unconfiscatable property that humans have ever known.
1:12.6	Preach. Also in today's show, approximately 182 individuals globally now owned cryptocurrency
1:18.5	worth at least $100 million. I'll be breaking down this latest new study, as well as Congressman
1:24.2	Tom Emmer sponsors the amendment to limit the SEC's crypto oversight. We'll also
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Justin Verrengia, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Justin Verrengia and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.