And what Satoshi Nakamoto do we're Almost at at October so it's almost the 16th anniversary 16th birthday of Bitcoin right and it's an innovation Bitcoin is on a moon mission right now $70,000 Bitcoin can happen sooner rather Than later tell a friend it's crazy to Me how so many people are missing out on Everything going on Donald Trump Recently made history first Bitcoin Transaction by a president first Transaction by a president on the Bitcoin protocol history they just made The first transaction in Bitcoin days later he would double down On his original pay off the US debt with A little Bitcoin you remember this who Knows maybe we'll pay off our $35 Trillion hand him a little crypto check Right we'll hand him a little Bitcoin And wipe out our $35 trillion but how do You but days ago he said it again he Said I think crypto has got a great Future maybe we pay off the 35 trillion With Bitcoin I'm curious what you think The future of crypto looks like if God Forbids you don't win the election Future crypto what does it look like Well I think it's a good future you know Who knows about anything today but I Think it's a good future I'll tell you What you look at values you look at What's happening and where it's come and Where it came from I think crypto's got
A great future I think it really Does maybe we'll pay off the $35 Trillion in I'll write out I'll write out a little Piece of paper 35 trillion crypto we Have no debt right that's what I like Right he likes that idea Jo he's Laughing vice president comma Harris Recently shocked the United States Coming out as Pro crypto this is a total 180 from what Biden in comma used to say She goes we will remain dominant in AI Quantum Computing block chain and other Emerging Technologies so I will recommit The nation to Global Leadership in the Sectors that will Define The Next Century we will invest in Biomanufacturing and Aerospace remain Dominant in Ai and Quantum Computing Blockchain and other emerging Technologies and Mark cubin is in fact Working closely with the Harris Administration often in TV appearances Saying that comma is evolving and Becoming proc crypto and pro business as He is closely advising her one of the Things that really resonates with young Man and I have a 15-year-old son is Crypto and she talked specifically about Encouraging blockchain Innovation and That that was important to her and that She was going to be supportive of it That's really important to young men and I think as she that message starts to
Get out more and more it'll start to Resonate with young men even more so now We have two candidates who are pro Crypto in their own different ways and I Was actually surprised what job Mark Cubin said that he would want in a kamla Harris presidential Administration if Mark Cuban did this job that would be a Breath of fresh air could I ask you mark Whether you would entertain being a Treasury secretary Commerce Secretary in In in a Harris the SEC head of the that's the job I would Take mark cubin would be so much better Than Gary gansler so is your argument That you're doing this to make crypto Stronger we we're again Merit neutral Crypto is only a small part of our Capital markets I mean it's a little Less than 1% of the world Capital Markets but it's it's basically to Instill trust and protect investors look At look at the leading lights in this Field in the crypto field just two years Ago a number of them are in jail right Now and I'm not just talking about s SPF I mean a number of others and there's Been tens of billions of dollars of Losses and bankruptcies and so forth Where do you think Bitcoin is going to Be in our society 20 years from now if You were sort I don't I don't I don't Really know any idea I don't know I mean There's 7 billion people around the
Globe um I'm not going to make a Prediction as to any one project but What I would say is the field is going To have a challenge building trust right And it already has a challenge building Trust when there's so many frauders Scammers grifters in the field and there All are but what happens if for example Former president Trump is talking about Whether we should have a effectively a Bitcoin Reserve fund as a sovereign uh Bitcoin fund what would would you be in Favor of something like that again I'm Take the policy out take the politics Out of it I'm just asking you know if if If someone in Congress came to you and Said hey Gary we're thinking of of Creating a sovereign wealth Fund in Bitcoin would you say that's a good idea That's a bad idea I would say I'm going To stick to the role I'm in it's a great Role overseeing as chair of an agency You're very smart guy who knows a lot About this space you've taught about This space you should I imagine you have A view is it that you don't feel like You can share the view or it's that you Don't have a I don't believe you don't Have a view no no I have a view I have a View you it's the role given your role You think you're not supposed to say I Think given my role and also we're in Election season so I I just think you Know for the listening public I will
Stick To you know my chalk lines and my my Chalk lines are securities markets and Uh chairman pal and others at the Federal Reserve could speak to that but Yes I do have a view on that and of Course maybe the biggest reason Bitcoin And crypto is projected to keep going up The Fed rate Cuts as pomp says here Bitcoin is projected to be a big winner In all of this I want to start just Where we are in crypto land and what you Think is really happening here obviously There's been a big move move that Happened after the FED uh lowered Interest rates effectively or cut cut The rate by 50 basis points how much of This is now built in to the rest of the Year meaning we know that the uh cuts Are likely to continue therefore is 64,000 or 63,000 it's going to just stay Level or it keeps going up goes down What do you what do you see well I think You know if we look at that fed interest Rate cut Bitcoin is the best performing Asset so far golden oil Futures are kind Of second um there's new study that just Came out from Lyn Alden and Sam gallagan That uh said Bitcoin is the most Sensitive asset when it comes to Global Liquidity and so 83% of the time Bitcoin Moves with global liquidity it's more Than S&P or any other asset and so if You look at not just the interest rate
Cuts now M2 money supplies expanding and Also we have Cuts going on in China and Elsewhere and so I think that Bitcoin Ends up being a big winner whenever we Get kind of cheap money Flo uh flooding Into the system and it feels like we Just went through this big regime change Right we were tightening everyone was Trying to kind of drain liquidity from The system now we're going to go the Other way and so Bitcoin should be a big Winner here and understand these Fed Rate Cuts will keep going throughout 2025 maybe even 2026 you saw our Interview with analyst virtual bacon This is the way you need to think about It this makes me incredibly bullish What's your outlook we are seeing the Next nine FC meetings having at least Nine break cuts and we're potentially Seeing one double cut somewhere next Year so the rut cycle like once they Start they keep going they don't just Randomly revert and it goes kind of One Direction only what is your bitcoin Price prediction for 20125 I guess I'll Start with the prediction I have always Held this kind of relatively like Average number of around 200k for my Personal portfolio that wraps just Around to four to five trillion is for Bitcoin market cap total market cap just Under 10 trillion and I think that's Fair I think for sure we will reach 100K
As as long as things line up and as long As you know S&P recovers nicely like 100k is a very easy number at this point Question is like when do we reach that So far it looks like the rate cost cycle Will at least last till Q4 2025 and even with all the projections That they have made the FED has already Released their targets by the end of 2025 for rates and they need to so many Fmcs to get there the only question is Will they keep cutting rates in 2026 and That kind of we know so I think the Bor Will at least last until end of 2025 That's why I'm taking it one step at a Time if we see I want to get myself kind Of conservative on both sides as well Time versus price so if we see Bitcoin Reaching 200k in 2025 I think that I'm Happy with that I'll start to take large Portions off the table but if we don't See that and we are kind of Q3 is 2025 Then we'll have to look at the drawing Board again and figure out if uh Liquidity injection is going to continue In 2026 then we maybe wait a bit longer So there's a Time Horizon and there's a Price Horizon both but you think 200k is Possible possible in 2025 or near 2026 yeah I I I'm optimistic I think That's my average expected return so let Me tell you how it's going to happen We're going to see some volatility Around this resistance but once Bitcoin
Reclaims $70,000 not even alltime high is just $70,000 this will be the beginning of This Launchpad that we've been forming To take us from 70 to $100,000 and then after Bitcoin hits $100,000 all bets are off then it's a Question of how high do we really go in This Bitcoin cycle is it just 125 is it 200,000 like virtual bacon thinks or Where do we go let me know your thoughts Below of course my name is Aaron at Altcoin Daily subscribe to to our Channel join our team we keep you Updated on a daily basis if you're Interested in making money in crypto Subscribe WE Post one video every day Keeping you informed see you tomorrow my Friends
