post 100K that's when things start to heat up and it starts to accelerate I think 2025 is going to be the year of the Omega candle and the year of 1 million Bitcoin does Bitcoin prolong the life of the dollar or does it kill it we are approaching the 100K for Bitcoin right now we saw like a slight pullback from the all-time high but I'm pretty sure that we're gonna get back there by the time we will publish the video probably we might have already reached the 100K so what do you think is the significance
of this Benchmark for Bitcoin yeah so 100,000 or 0.1 M it's sort of a psychological barrier much in the same way as a 10,000 was a barrier and a th000 was a barrier and 100 was the barrier so I think once we pass 100,000 it's just smooth sailing up to 1 million and it shows that Bitcoin has that growth potential so once you cross cross that threshold into the um 100,000 range I think it's going to first accelerate so bitcoin's growth trajectory is not going to be you know growing at 1,000 every couple days or
dropping by 1,000 but you'll start to go up by 10,000 a day or drop by 10,000 a day and this is the god candle and after that we'll start to see Omega candles which are 100,000 increments daily so post 100K that's when things start to heat up and it starts to accelerate you're further along that steep exponential growth curve and now let's get to the potential Catalyst that could spark that sort of massive growth that you are talking about can you just briefly explain what hyperbitcoinization is and why we may be near to that uh
scenario we are very near hyper ionization so the definition hyperbitcoinization is a parallel of sorts to hyperinflation it's the point at which we no longer need to convert Bitcoin back to Fiat currencies like the dollar or Yen simply because there's no need to everyone is using Bitcoin and most importantly everyone only wants Bitcoin so with money it's typically a zero sum game you don't really want an inferior money unless there's a a direct need for it um but generally people want to keep their savings or store value if they're using Fiat currencies in the strongest
vehicle of V currencies which typically right now is the US dollar but hyperpin will just be that point at which Bitcoin replaces the dollar and nobody wants to take the dollar anymore they want SATs for payment and why do you think are we so close to that sort of scenario well there's a number of factors they current Legacy system is failing if you look at the uh the fracturing of solidarity of the US dollar you can see the bricks countries are starting to migrate away more trade is being done with the Chinese genen and most
importantly you can see the US debt is spiraling out of control we are at $ 36 trillion right now back when your your grandparents were you know going out to party they were paying 15 cents for a hamburger but now you're 36 trillion in debt so there's a very big problem right now and most people don't recognize the scale of that problem but that debt is unlikely to be paid off even with a doge or Department of government efficiency there's only so much you can do to to trim the fat and to uh optimize and
cost cut but I think ultimately it's not going to have much effect because the spending is still there and more importantly the interest on that debt is compounding and interest is a a miracle it's a miracle if you're you know in the in the black but it's uh the opposite of a miracle or it's a a big curse when you're in the red there is one company micro strategy which is sort of uh leading the path uh on this what is the significance of of micro strategy in the process of hyperb conization well the the
biggest thing that micro strategy and Michael sailor is doing is that they are creating demand for Bitcoin so I view the ETFs as a legitimization of Bitcoin as an asset class and they are also a major source of demand um demand for Bitcoin from the ETFs alone is multiples each day of Supply but Micro strategy sort of adds gasoline on that fire by creating this Bitcoin reactor which they can take U corporate debt and uh corporate equity and convert that to bitcoin price a a much higher multiple in the future and effectively pay zero interest
rate for that so there's sort of an accelerant on this this fire that's already burning for Bitcoin and I guess they are also sort of uh giving an example to what nation states could do they are running at a company level what certain nation states could do on a state level am I correct yes that's that's correct but I believe the nation state path is also going to follow the same model both as a reserve asset but also is as a micro strategy type play and I view the Bitcoin bonds that I helped to architect
as this sort of micro strategy play for nation states and we do see more and more interest coming back to bitcoin bonds because it it makes perfect sense to issue sovereign debt which is Superior in many ways to corporate debt to to acquire Bitcoin for a strategic Reserve or to build a mining operation right now I would say the um nation state Bitcoin developments are very much centered on the US especially with the election of uh Trump once again and the talk of creation of this Bitcoin strategic Reserve in the US so I think this
is a catalyst for more change and more adoption of Bitcoin around the world simply because most people are are looking to follow somebody they don't really want to be the first El Salvador was the the first nation state to really adopt Bitcoin in a meaningful way but um I think it's a small country and they're not um being looked at as the the the meter stick to measure uh and to decide what to do much in the same way as the ETF so the ETF the US kind of led the way there everyone was waiting
for approval in the US before they they green lit their own ETFs and you saw that with the US ETFs coming online and then the Hong Kong ones and then Australian ones they're very much watching and waiting and I think it's the same for Meaningful Bitcoin adoption um such as creation of a Bitcoin strategic Reserve but there's already talk at the state level of uh a few states trying to create it before it's created at the federal level and I believe this is also prompting more countries around the world to start really sitting down and
trying to break down what they need to do and and put together a plan this idea of creating a strategic Reserve is still pretty blurred Trump uh mentioned it during the conference back in the summer but it was he was just very generic in describing this then we had the Bitcoin act Pro proposed by Senator Lumis which is a bit more specific and it's about buying a certain amount of Bitcoin in a certain time frame um and essentially hold it for the next I believe 20 years or something in order to cover a certain amount
of the national debt what is your view how that should look like well it it is um decently well- defined I think in the bill but at a high level they they they committed to stop selling any seiz Bitcoin that they have and there is a plan to purchase now the details of that purchase execution is not really set but I think that is um not something that can be decided until once the bill has really been passed and the timeline has also been more or less outlined they want to create a reserve of 1
million Bitcoin I think uh Bobby Kennedy was talking about 4 million Bitcoin but 1 million is still attainable I think for the US um but it is going to be very expensive simply because of the micro strategy Bitcoin reactor uh consuming so much Bitcoin fuel in the next few months with their deployment of$ 42 billion so it to be seen at which price the US will buy at and what their average cost will be but I just know that uh things are definitely heating up and it it seems like it h it will happen because
it has to happen and so what is your time frame for this when do you expect this uh Bill to be passed into law well I'm hopeful that it will be passed in the first 100 days because it is a very critical uh piece of legislation and it is of ERS of the essence simply because as more countries decide to front run the us then you compound that with ETF demand and you compound that with uh micro strategy demand and other corporations and it just uh becomes very likely that the the price is going to
be very expensive if they wait too long so I definitely think it's better sooner than later in case this plays out as you said next year we'll see a huge spike in in bitcoin price because if U if they move on with this then we have other countries jumping in the appreciation we saw in 2024 would probably look very little compared to what we're going to see in 2025 yeah I think 2025 is going to be the year of the Omega candle and the year of 1 million Bitcoin now I have like just a couple
of uh concerns what would be the rational for the US government to implement something like that because at the end of the day the US dollar at the moment is the global Reserve currency Trump has always been a staunch defender of the US dollar dominance and so why would he play against the US dollar and accelerate its Demise by accepting Bitcoin yeah that's a interesting way to look at it um does Bitcoin prolong the life of the dollar or does it kill it I think it can prolong the life of the dollar little bit but
ultimately all Fiat currencies will fail and this is just because we will gravitate as a a civilization to the hardest form of money and the best form of money so yes adoption of Bitcoin and building a strategic Bitcoin Reserve does strengthen the position short term of the US and by extension the US dollar but uh long term it doesn't really matter it's just maybe prolonging the life of uh the doll for another 5 years maybe but as the world moves to a Bitcoin standard you simply just don't want a f currency just like today if
I offered you uh payment for something in seashells you'd be like no I'll take um I'll take see some fat currency you know you you don't want the seashells as money maybe to decorate your room but not to uh store value in for sure the adoption of Bitcoin as a reserve currency in the US could really uh lead to a massive appreciation in this asset and so to the enrichment of a relatively small amount of people who are like Bitcoin hodlers are you not afraid that this move would just exagerate inequality well inequality is a
very difficult topic the only way to make people equal is to seize assets from one group and pass them out to another group and historically that has not ended very well so I think we have to accept that there will be an imbalance I think that's a better word of uh wealth distribution uh because much like any um any change in dynamics of society and Technology there's always uh a set of early adopters that benefit the most but having wealthy bitcoiners is not is not necessarily a bad thing because I think um bitcoiners as a
group would Finance many things that are beneficial for society and for civilization so it's just a question of where do you want the wealth to be uh concentrated would it be the the wealthy people that have printed money and can continue to print at a accelerating Pace um or a new set of people with a strong ethos forc on money and with a low time preference uh and with a thinking to better the world I think I would go with the latter now just a final question question regarding um regarding another Benchmark that you were
talking about lately there could be a time when Bitcoin market cap will equate the market cap of gold and uh you see this moment as um sort of Milestone which uh will bring a immense change why do you think that that Benchmark the equality of the Bitcoin market cap and the market market cap of gold is so significant um because Bitcoin and gold are very similar both things are valuable because we ascribe value to them our understanding of gold is really it's been valuable for a very long time thousands of years and now we have
this thing called Bitcoin which has grown up in just uh you know 15 years and it's uh now seeming to be on the track to over take gold so I think at some point the the masses have to start understand that there is a change coming and I would say maybe it was the previous gold market cap or half the market cap of current um of current gold U market cap so maybe about 400,000 per Bitcoin would be that threshold I think so that let's call that the VIN threshold once you cross that line then
I think people that hold gold are going to see like this thing that I'm watching in my rearview mirror is approaching very rapidly do I still want to have these uh bars of gold that I can't really easily verify or move or do I want this digital gold that's teleport and verifiable by a Raspberry Pi I think you start to question that at that 400,000 Mark or a 0.4m mark and then you start to have people selling gold and moving funds into Bitcoin I guess we're going to see it next year it sounds like we're
going to see many exciting things happening and uh a lot of bold expectations we're going to see how things will play out Samson it was a pleasure to have you on our show awesome thanks ganni [Music] [Music]