$100k | Price predictions | Bitcoin on the global stage | Converts

Explicit content warning

12/06/24 • 68 min

In a recent Bitcoin podcast discussion, the crew analyzed Bitcoin's milestone of reaching $100,000, highlighted by supportive statements from Federal Reserve Chair Powell, Putin, and Trump within 24 hours. Powell's comparison of Bitcoin to gold rather than the dollar was seen as a significant shift in institutional recognition. The crew examined MicroStrategy's convertible bond strategy, now being replicated by other companies, while raising concerns about potential risks for late adopters attempting similar approaches.

The crew debated whether Bitcoin would continue experiencing traditional 80% market crashes, with some arguing that institutional and nation-state buyers might prevent such deep downturns. Key statistics revealed that missing just two best trading days annually would result in -5.9% returns versus 12,000% for holding, emphasizing the importance of long-term investment. As Bitcoin becomes the seventh largest global asset, the crew shared mixed predictions about reaching $1 million by 2025, though many agreed that gold parity (around $500,000) could be achievable with strategic reserve adoption. The consensus viewed this as a crucial transition period for Bitcoin from a speculative asset to an established store of value.

Start buying your first Bitcoin in just minutes. Search "Swan Bitcoin" in your app store or visit swan.com/app.

Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private.

Put Bitcoin into your IRA and own your future. Check out swan.com/ira.

Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

Start buying your first Bitcoin in just minutes. Search "Swan Bitcoin" in your app store or visit swan.com/app.

Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private.

Put Bitcoin into your IRA and own your future. Check out swan.com/ira.

Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

Previous Episode

$100k Incoming! | Bitcoin Strategic Reserve | Trump Admin Picks | Microstrtegy Miracle

Join the Swan Bitcoin team as they discuss Bitcoin nearing $100,000 and its broader implications. They delve into MicroStrategy's gains under Michael Saylor, Bitcoin's potential to address economic inequality, and its role as a global store of value. The hosts reflect on Bitcoin's mission to create systemic change, institutional interest in Bitcoin treasury strategies, and the idea of a US Bitcoin reserve. This episode captures a pivotal moment in Bitcoin’s journey while offering insights into its economic, social, and technological impact.

Start buying your first Bitcoin in just minutes. Search "Swan Bitcoin" in your app store or visit swan.com/app.

Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private.

Put Bitcoin into your IRA and own your future. Check out swan.com/ira.

Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

Next Episode

Bitcoin Takes the Global Stage

The crew discussed major shifts happening in Bitcoin adoption and policy. They highlighted former CFTC Chairman Chris Giancarlo's compelling case for Bitcoin as digital gold, noting his observation that while banks have failed, the internet remains undefeated. Much of the conversation focused on the potential U.S. Bitcoin Strategic Reserve, with Eric Trump's recent speech reinforcing his father's commitment to making it happen – and other countries and states following suit. The political landscape is shifting dramatically, with over 250 pro-crypto candidates winning House seats while key anti-crypto figures lost their races. They wrapped up examining Ray Dalio's evolving stance on Bitcoin and Safe Ammous's sharp appearance on CNBC's Squawk Box where he broke down Bitcoin's monetary advantages in clear terms. The crew's consensus? Things are moving fast, and Bitcoin's future is looking bright.

Start buying your first Bitcoin in just minutes. Search "Swan Bitcoin" in your app store or visit swan.com/app.

Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private.

Put Bitcoin into your IRA and own your future. Check out swan.com/ira.

Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.