1414: “Bitcoin Will Reach $10 Million By This Date” - Adam Back

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 27 September 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If Adam Back and Hal Finney’s $10 million Bitcoin price prediction were to come true, the BTC market cap would be approximately $200 trillion. Blockstream CEO Adam Back believes Bitcoin price could reach $10 million per coin by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	There are days when you're hungry for McDonald's.
0:03.8	Then there are days when you're Big Arch hungry for McDonald's.
0:08.1	You'll get to know the difference.
0:09.9	New Big Arch for Big McDonald's hunger.
0:15.4	Until 9th of September from 11 a.m.,
0:17.8	participating restaurants only subject to availability.
0:20.1	In today's show, Bitcoin priced the $30,000 in October, says analysts as the Bitcoin price
0:25.4	climbs 2%. And check it out, Coinbase CEO slams Chase UK for a totally inappropriate
0:31.7	crypto move. And I'd say the same thing. Also, breaking news, the SEC chairman Gary Gensler says Bitcoin is not a security, but refuses to say it's a commodity. Max Kaiser's response, Bitcoin is a synthetic commodity willed into existence by humanity's collective unconscious to fill our deepest psychic need as a species for perfect money. It regulates itself and it obviates the need for the nation-state
0:55.8	preach. Also in today's show, we'll be discussing the SEC pushes back the deadline for arc 21
1:01.3	shares, spot Bitcoin ETF to January, continuing to kick the can down the road. However,
1:07.7	breaking news, U.S. lawmakers call on the SEC Chairman Gary Gensler to approve a spot Bitcoin ETF immediately.
1:14.6	Keyword immediately.
1:16.5	Also in today's show, we'll be discussing Bitcoin price can hit $10 million within the next nine years.
1:22.2	According to the Blockstream CEO, Adam Back.
1:25.0	And speaking of a $10 million Bitcoin price, did you know how Finney was calculating
1:29.0	a Bitcoin price of $10 million per coin just one week after the Genesis Block on January 3rd
1:34.8	of 2009, talk about an absolute legend. We'll also be taking a look at the overall
1:39.6	crypto market. All this, plus so much much more in today's show.
1:54.8	Yo, what's good crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at CryptoNewsalerts.net. Again, that's
2:00.8	crypto news alerts.com. Welcome to everyone
2:04.4	just joining us on our live stream. This is pod episode number 1414. I'm your host JV. And today is
	...

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