MICHAEL SAYLOR - BITCOIN IS WORTH $4.7 MILLION TODAY

Introduction

The host, Sam, discusses Michael Saylor's statement that Bitcoin will increase in value. Sam also mentions Samuel Arms, who claims that Florida will buy Bitcoin.

Bitcoin's Potential Value

Sam explores the potential value of Bitcoin based on the global M2 money supply, which is estimated to be around $90 trillion. If Bitcoin were to be worth all the money in the world, its value would be approximately $4.6 million.

Global M2 Money Supply Growth

The global M2 money supply has grown at a rate of 7.3% per year, outpacing the S&P 500's growth rate of 7.1%. This means that investing in the S&P 500 keeps pace with inflation, but does not generate real wealth.

Bitcoin's Future Value

If Bitcoin were to capture 5% of the global money supply, real estate, and debt markets, its value could increase exponentially. With a growing number of big buyers, including nations, and increasing acceptance by politicians, the host believes that Bitcoin's future is bright.

Personal Investment and Bias

The host admits to being heavily invested in Bitcoin and crypto, which may introduce bias into their analysis. However, they believe that their investment is justified by the fundamentals of the market.

Conclusion

The host concludes that Bitcoin's future is promising, especially for those with a long-term perspective. They also mention that trading can be used to generate returns, but caution against excessive leverage and volatility.