@@Len_J_ you want gains you have to deal with the volatility. take a look at the 4 year moving average, you dont see the 80% draw downs, its a line straight up and the only thing that varies is the slope. In other words have along term horizon. The volatility argument is about as irrelevant as the network's energy consumption.
Thank you Rajat….. keep it up !!! Such awesome content!!! The only 2 channels a true bitcoiner needs, yours and Sir Matthew’s The Bitcoin University Stay Humble. Stack Sats…..⚡️
Assume for a minute that the fed buys all the govt debt. That means all the interest payments goes to the fed who then give it back to the govt as a dividend payment. It would give the govt an effective interest rate of 0%. There must be a flaw in this idea but I can't see it
You are now my favorite bitcoiner on TH-cam!❤ But I think your channel should have a little more spice to it! Like more videos on what happens after bitcoin becomes the world’s money! For example when bitcoin goes to a million dollar per coin what videos your going to make to keep telling people to buy more bitcoin!
The other comment I would like to make about gold is that it’s good to preserve the wealth that you currently have, but I would not invest if you’re young as you can get better returns from other investments you take those profits and buy with
Thanks for the video! Something I’m still struggling to understand- if all of the coins are bought in the next 20 years, how will the price keep going up? What will keep the price going up if the supply is zero?
Price will keep going up Because of supply and demand. If all the coins are bought and no supply is available, price goes up because demand is unlimited.
The difference is you can take self custody of Bitcoin, meaning if people try to do this anyone who has fake Bitcoin will be in trouble. Eventually it will come out.
@rajatsonifinance wish it would come to that but market makers and many other players have to many incentives (primarily greed) which make it difficult for that change to happen. May happen eventually, not sure whether it'll happen anytime soon, might get worse before it gets better.
WHAT IF, what if the usa does the same it did with gold years ago, they just force buy all the btc from the etf make btc self custody ilegal, give a date for ppl to sell to them and double the price right after. And since they have all the kyc from exchanges they can force ppl to sell. I can see a pretty good case for monero to rise
It's not possible, because 94% of the supply has already been issued and nobody knows who owns most of it. Exchanges are just a small part of Bitcoin's market. We can easily exchange Bitcoin peer to peer so if exchanges were to shut down or become very strict, over the long term nothing would happen. Also, Bitcoin is a global asset. All you need to own some is 12 or 24 words. If you have them, nobody can stop you from owning your Bitcoin or spending it.
If you factor in inflation, then a loaf of bread will be worth infinity USD. If you dont factor it in, then the value of BTC in the long run cant grow faster than the size of the economy
When you say the public own the debt, and if its paid off the public lose out on roi, which is true, because infrastructure & services dont upgrade. But also its paid back by the future labour (taxes), the national debt divided by the population is each person's burden, i dont think that even includes the interest.
@@rajatsonifinance to summarize, the fed which is a private corporation prints money and charges US government interest on that printed money. The US borrows money by issuing bonds? if that is the case why not the US government gets rid of Fed and prints its own money without paying interest?
Yes and same with fake Mona Lisa's, but the original still has all the value. Paper Bitcoin doesn't mean whoever holds it has wealth, and it's VERY easy to differentiate between paper and real Bitcoin
@@rajatsonifinance I own real gold and silver but the value is kept unfairly low to stop me attaining wealth unless managed by the paper elite versions... If paper gold was illegal and the same for silver I could retire but I can't because they don't want me to obtain wealth they can't get.... They will do the same with BTC....just watch....
@rajatsonifinance party hats are a wearable item in the online multiplayer computer game runescape, they were worthless when released to everyone but as old accounts stopped playing and people lost the item or deleted them. They were never obtainable again so the ones left in the game became worth unlimited money basically because they are scarce and the game has never added more.
This is a great video, Raj. It’s very obvious you put a lot of effort into planning a clear and direct train of thought. You included some tangents like explaining what Raytheon actually does, but you didn’t get lost in the weeds and get too far off the topic of the video. It was easy to understand yet comprehensive enough to explain the whole story. This will be a great video to show someone new to Bitcoin who needs to understand the problem Bitcoin solves before understanding why it’s the best solution we have. Adding it to the beginner playlist I share with people looking to learn more. Thank you for your work here. I’m glad you’re making content. You’re a great addition to Bitcoin.
It’s videos like this and the ones you’ve been making lately that are going to help the most people. The more decentralized the information sharing becomes, the more people will find the voice they connect with. Keep em coming 🫡
The other comment I would like to make about gold is that it’s good to preserve the wealth that you currently have, but I would not invest if you’re young as you can get better returns from other investments you take those profits and buy with
It’s slavery by unlawful lending. Think: Scenario 1: $500k mortgage 30 year loan @ 3% Bank takes $259k interest. Scenario 2: $500k mortgage 30 year loan @ 5.5% Bank takes $522k interest. Crazy! How much “Proof of Work” did the bank do to earn that energy from you. Did the FED ask the Treasury department to make sure that interest money was circulating in the system somewhere? If not, then someone will be left without a chair to sit on when the music stops.
It’s finite, decentralized, global, self custodial, deflationary, as well as divisible into quadrillions. Bitcoin is the ultimate asset.
Exactly. Going to be scary for other currencies to compete when people figure this out.
Also apolitical, censorship-resistant, borderless. And with an entirely transparent, predictable monetary policy.
In theory.
The ultimate *volatile* asset. Could also drop 80% in a couple of months...
@@Len_J_ you want gains you have to deal with the volatility. take a look at the 4 year moving average, you dont see the 80% draw downs, its a line straight up and the only thing that varies is the slope. In other words have along term horizon. The volatility argument is about as irrelevant as the network's energy consumption.
I have been buying BTC everyday and I’m currently sitting at 0.35 BTC, can’t wait till the day I hit 1 whole bitcoin
Amazing!! Please don't share how much you have publicly thought
Problem with selling our debt…. NO BODY has any money to buy it with, not China, not Japan, not Europe!!
The name of this game is how much Bitcoin can you accumulate?
Exactly.
I like what did with the timestamp, ending the video at 21:21, very clever. 👍🏻
Hahaha it wasn't intentional but I'm glad it worked out 😂😂
lol
I think, Bitcoin is now at the stage where real-estate was in 30 years ago.
I think a better comparison is the internet! Ive seen some estimates that show Bitcoin is at the point where the internet was in the mid-1990s
Very easy to follow you- great presentation. Keep them coming.
Thanks Neel!
Raj ! Great to see you on YT from X!
This GenX hodle formaly working class bitcoiner on X. Great job brother!
Thank you Michael!
Correct. When people ask , "how high can BTC go ?" The answer is nobody knows. That is because fiat currency is infinite.
Exactly 💯💯
Thank you Rajat….. keep it up !!! Such awesome content!!!
The only 2 channels a true bitcoiner needs, yours and Sir Matthew’s The Bitcoin University
Stay Humble.
Stack Sats…..⚡️
Bitcoin university is AWESOME!
Love your videos. Keep talking about bitcoin.
🤝🏼
Great video as always
🤝🏼
To infinity, and beyond! 😳🤑
🚀🚀
Assume for a minute that the fed buys all the govt debt. That means all the interest payments goes to the fed who then give it back to the govt as a dividend payment. It would give the govt an effective interest rate of 0%. There must be a flaw in this idea but I can't see it
You are now my favorite bitcoiner on TH-cam!❤ But I think your channel should have a little more spice to it! Like more videos on what happens after bitcoin becomes the world’s money! For example when bitcoin goes to a million dollar per coin what videos your going to make to keep telling people to buy more bitcoin!
Thank you for the kind words. I'll definitely add that to my list of topics to explore!
Yup!
💯
It’s interesting how Raytheon has become our biggest customer
Scary to see it happen
Where do u get the inspiration to all these creative topics?
My tweets! I have thousands of tweets that did well and I just expand on them
The US debt will never be paid back
They never intended too pay it back
Exactly they'll keep adding to it. $1 quadrillion within 30 years IMO
The other comment I would like to make about gold is that it’s good to preserve the wealth that you currently have, but I would not invest if you’re young as you can get better returns from other investments you take those profits and buy with
Just reached another milestone with btc today 🎉 this is Garza
Amazing!! Good work Garza. 👏🏼👏🏼👏🏼 on to the next one 😏
We should start creating dollars out of thick air....maybe they will be worth more 😂
It's illegal when we do it, but it's legal when governments do it
The sad part is will never get out of this debt that the government put us in
It's intentional. They don't plan to pay it back
Hi Rajat
Is there any video on Indian economy, debt, inflation and on backing of ₹....
Any link on youtube...
Unfortunately I don't focus on that market, but you may be able to find something on @bitinning
Great content. Unlike all these trader Moonboy
🤝🏼
Thanks for the video! Something I’m still struggling to understand- if all of the coins are bought in the next 20 years, how will the price keep going up? What will keep the price going up if the supply is zero?
Price will keep going up Because of supply and demand. If all the coins are bought and no supply is available, price goes up because demand is unlimited.
thank you!
🤝🏼
Paper gold to actual gold is probably almost 300 to 1, paper bitcoin to actual bitcoin probably 300/500 to 1.
The difference is you can take self custody of Bitcoin, meaning if people try to do this anyone who has fake Bitcoin will be in trouble. Eventually it will come out.
@rajatsonifinance wish it would come to that but market makers and many other players have to many incentives (primarily greed) which make it difficult for that change to happen. May happen eventually, not sure whether it'll happen anytime soon, might get worse before it gets better.
You always sound crazy bro, but I like you
Hahaha thanks 😂😂
WHAT IF, what if the usa does the same it did with gold years ago, they just force buy all the btc from the etf make btc self custody ilegal, give a date for ppl to sell to them and double the price right after.
And since they have all the kyc from exchanges they can force ppl to sell.
I can see a pretty good case for monero to rise
It's not possible, because 94% of the supply has already been issued and nobody knows who owns most of it. Exchanges are just a small part of Bitcoin's market. We can easily exchange Bitcoin peer to peer so if exchanges were to shut down or become very strict, over the long term nothing would happen. Also, Bitcoin is a global asset. All you need to own some is 12 or 24 words. If you have them, nobody can stop you from owning your Bitcoin or spending it.
liked
🤝🏼
it’s ok, i like crazy
🤝🏼
If you factor in inflation, then a loaf of bread will be worth infinity USD. If you dont factor it in, then the value of BTC in the long run cant grow faster than the size of the economy
The inflation on a loaf of bread is not going to be as high as the inflation on bitcoin
You can produce bread at home
You can't create mor bitcoin
When you say the public own the debt, and if its paid off the public lose out on roi, which is true, because infrastructure & services dont upgrade. But also its paid back by the future labour (taxes), the national debt divided by the population is each person's burden, i dont think that even includes the interest.
In reality, it's paid back with printed money!
why US government borrows if it can print unlimited amount of money?
It can't print money, the federal reserve prints money.
@@rajatsonifinance to summarize, the fed which is a private corporation prints money and charges US government interest on that printed money. The US borrows money by issuing bonds? if that is the case why not the US government gets rid of Fed and prints its own money without paying interest?
I believe this is being worked on right now
Paperised BTC has no limit....like paper gold and silver
Yes and same with fake Mona Lisa's, but the original still has all the value. Paper Bitcoin doesn't mean whoever holds it has wealth, and it's VERY easy to differentiate between paper and real Bitcoin
@@rajatsonifinance I own real gold and silver but the value is kept unfairly low to stop me attaining wealth unless managed by the paper elite versions...
If paper gold was illegal and the same for silver I could retire but I can't because they don't want me to obtain wealth they can't get....
They will do the same with BTC....just watch....
Make a T-Shirt out of the Title of Your Vid Brother !!!
I was thinking of this!! 🤯 great minds think alike
@@rajatsonifinanceplease do I will grab one
Just look at the value of a runescape party hat
Don't know what this means hahaha guessing it went up
@rajatsonifinance party hats are a wearable item in the online multiplayer computer game runescape, they were worthless when released to everyone but as old accounts stopped playing and people lost the item or deleted them. They were never obtainable again so the ones left in the game became worth unlimited money basically because they are scarce and the game has never added more.
Maybe one day BTC can do split
Doesn't need to. 1 bitcoin is already 100,000,000 satoshis
Is there a basement, or does that go in infinity also…Einstein.
I don't know what you mean by this
@@rajatsonifinance You said there's no ceiling/ Is there a basement?
Maybe your mind can't think abstractly. Perhaps you can't understand concepts.
Lol chill it's just a thumbnail 😂😂
This is a great video, Raj. It’s very obvious you put a lot of effort into planning a clear and direct train of thought. You included some tangents like explaining what Raytheon actually does, but you didn’t get lost in the weeds and get too far off the topic of the video. It was easy to understand yet comprehensive enough to explain the whole story.
This will be a great video to show someone new to Bitcoin who needs to understand the problem Bitcoin solves before understanding why it’s the best solution we have. Adding it to the beginner playlist I share with people looking to learn more.
Thank you for your work here. I’m glad you’re making content. You’re a great addition to Bitcoin.
I appreciate it! Thank you. I hope more people learn about this before it gets to $100K+
It’s videos like this and the ones you’ve been making lately that are going to help the most people. The more decentralized the information sharing becomes, the more people will find the voice they connect with.
Keep em coming 🫡
Infinity LMFAO
There is no ceiling for the price of Bitcoin
The other comment I would like to make about gold is that it’s good to preserve the wealth that you currently have, but I would not invest if you’re young as you can get better returns from other investments you take those profits and buy with
Yes for sure I agree with this. Gold is a store of value thats already been distributed. Nobody has gold!
The sad part is will never get out of this debt that the government put us in
Its not meant to be paid off
It’s slavery by unlawful lending.
Think:
Scenario 1:
$500k mortgage 30 year loan @ 3% Bank takes $259k interest.
Scenario 2:
$500k mortgage 30 year loan @ 5.5% Bank takes $522k interest. Crazy!
How much “Proof of Work” did the bank do to earn that energy from you.
Did the FED ask the Treasury department to make sure that interest money was circulating in the system somewhere? If not, then someone will be left without a chair to sit on when the music stops.