WEBVTT

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Welcome back to the Bitcoin Street Journal podcast.

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I'm Autumn, and I am literally buzzing with energy

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today because Bitcoin just did something absolutely

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insane. And I'm Darren, here to tell you that

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October 8th, 2025 will go down in Bitcoin history

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as one of the most significant days ever. We've

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got BlackRock making waves, Deutsche Bank orange

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pilling, and Bitcoin demolishing all -time highs

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like they're nothing. Before we dive into this

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absolute tsunami of bullish news, remember to

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visit thebitcoinstreetjournal .com and set up

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your free Nostra profile. The orange pill revolution

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is accelerating and you need to be part of the

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decentralized future. Now, let's get into the

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numbers because what I'm about to tell you is

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going to blow your mind. Bitcoin is currently

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sitting at $122 ,584. And before you say... Darren,

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that doesn't sound like an all time high. Let

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me tell you what happened in the last 24 hours.

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Bitcoin smashed through $126 ,000, a new all

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-time high. The king of cryptocurrencies just

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proved once again why it's the only digital asset

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that matters. Market cap is at $2 .44 trillion.

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That's bigger than most countries' entire economies.

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And Bitcoin dominance? A beautiful 56 .97%. The

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king maintains his throne. While we're seeing

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a slight pullback today, down 1 .45%, this is

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completely normal profit -taking after such a

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massive run. The 24 -hour volume is sitting at

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$80 .4 billion, which shows real institutional

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-grade liquidity. The total crypto market cap

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hit $4 .29 trillion, an all -time high. But here's

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the thing, Bitcoin is leading this charge, not

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some random altcoin casino chips. And can we

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talk about what's driving this? It's not retail

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FOMO. It's not meme coin mania. It's institutions

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recognizing that Bitcoin is the hardest money

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ever created. Exactly. Now let's dive into the

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news that's making traditional finance finally

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understand what we've been saying for years.

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All right. Buckle up because this segment is

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going to be packed. The institutional adoption

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wave isn't coming. It's already here. Let's start

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with the bombshell from Deutsche Bank. They just

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said Bitcoin and gold may both appear on central

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bank balance sheets by 2030. The same institutions

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fighting Bitcoin are now admitting it belongs

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alongside gold as a reserve asset. Deutsche Bank

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cited declining volatility, fading skepticism,

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and US -led adoption as reasons why this is inevitable.

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We've been saying this for years. And while we're

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talking about massive institutions, let's talk

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about BlackRock. Their Bitcoin ETF, iBit, is

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now just a hair away from $100 billion in assets

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under management. $100 billion. This is BlackRock's

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most profitable ETF ever, and it launched less

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than a year ago. Eric Balchenas from Bloomberg

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pointed out that the rest of BlackRock's top

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10 ETFs took decades to build their asset bases.

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And on October 8th alone, US spot Bitcoin ETFs

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saw $1 .19 billion in net inflows. That's the

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second highest single day inflow since launch.

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BlackRock's iBit alone pulled in $970 million

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in a single day. That's not retail investors

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buying $100 worth. That's major institutions

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loading up on Bitcoin. But wait, there's more.

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SpaceX, yes, Elon Musk's SpaceX, reportedly holds

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$1 billion worth of Bitcoin. The company that's

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literally building rockets to Mars understands

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that the most important mission is escaping Earth's

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fiat monetary system. Strategy continues their

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relentless accumulation. Their Bitcoin treasury

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is now valued at nearly $80 billion, putting

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them alongside Amazon, Google and Microsoft in

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terms of cash reserves. And they're ranked as

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the fifth. largest corporate treasury among S

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&P 500 companies. A company built entirely on

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a Bitcoin standard is competing with tech giants.

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Meanwhile, Robinhood is joining the S &P 500,

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though strategy missed out this time. The fact

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that crypto forward companies are entering the

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most prestigious stock index shows how far we've

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come. Let's rapid fire some more corporate treasury

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news because there's just so much happening.

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Bitmine now holds over 2 .83 million ETH tokens

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with total crypto and cash holdings of $13 .4

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billion. Though honestly, I wish they'd just

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buy Bitcoin instead. We'll roast that decision

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later. KindlyMD just issued $250 million in convertible

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debt to buy more Bitcoin for their treasury.

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Orange BTC, South America's largest Bitcoin treasury

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company, is now live and trading on the B3 Brazilian

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stock exchange. Bitcoin adoption is going global.

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And Anthony Pompliano's ProCap BTC just appointed

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a former U .S. House Financial Services Committee

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chair as senior advisor. This is serious institutional

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infrastructure being built. The corporate world

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is waking up to what Michael Saylor figured out

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years ago. Bitcoin is the best Treasury Reserve

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asset in human history. The regulatory landscape

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is shifting faster than ever, and it's overwhelmingly

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Bitcoin positive. The SEC, under Chair Atkins,

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has completely scrapped Gary Gensler's crypto

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enforcement agenda. The days of regulation by

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enforcement are over. Atkins is aiming to formalize

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an innovation exemption by the end of 2025, which

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would let crypto projects experiment under supervision

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instead of facing immediate lawsuits. Though

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with the current government shutdown, that timeline

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might slip to early 2026. But the important thing

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is the direction towards clarity, not hostility.

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The SEC has also approved the generic listing

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standard that will greatly accelerate the approval

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process for crypto ETFs. We're going to see a

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flood of new products. Canary just filed S -1

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amendments for Litecoin and Hedera, HBAR, spot

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ETFs with finalized tickers and fees. Bloomberg's

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Eric Balkchunas says this is typically the final

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step before launch. Though let's be real. Do

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we really need ETFs for every random altcoin?

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Bitcoin ETFs are printing money because Bitcoin

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is the only cryptocurrency with true scarcity

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and decentralization. Fair point. But the regulatory

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acceptance of crypto as a legitimate asset class

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is huge for Bitcoin. Rising tide lift all boats,

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even if most of them are leaky. The Bank of England

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is reconsidering its proposed stablecoin caps

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after intense industry pushback. Regulators worldwide

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are realizing they can't stop this technology.

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And get this, NASDAQ just filed with the SEC

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for tokenization of stocks. Traditional finance

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is starting to understand that blockchain settlement

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is the future. Senator Lummis continues pushing

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for a strategic Bitcoin reserve, saying acquisition

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of funds can start... any time. Imagine the U

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.S. government hodling Bitcoin alongside gold.

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The political will is there, the technology is

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proven, and the institutions are buying. Bitcoin

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is inevitable. Let's talk about the technical

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side because the Bitcoin network is stronger

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than ever. Bitcoin exchange net flows just hit

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a three -year low. Do you know what that means?

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People are taking their Bitcoin off exchanges

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and into self -custody. Not your keys, not your

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Bitcoin is finally becoming mainstream wisdom.

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This signals strongholder conviction and reduced

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selling pressure. Long -term holders are accumulating,

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not distributing. Over 95 % of Bitcoin's circulating

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supply is now in profit with BTC above $117K.

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But here's the crazy part. People aren't selling.

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That's because Bitcoiners understand time preference.

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We're not here for short term gains. We're here

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because Bitcoin is the hardest money humanity

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has ever created. The Bitcoin network mining

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difficulty is at an all time high. The network

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has never been more secure. Miners are holding

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more Bitcoin than they've held in months. The

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people closest to the protocol are bullish. And

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while we're talking about network strength, let's

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mention that network network adoption continues

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growing organically. No marketing campaigns needed,

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just real utility driving real adoption. Okay,

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we have to talk about gold because something

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massive just happened. Gold hit $4 ,000 for the

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first time ever, a new all -time high for the

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yellow metal. And of course, the Bitcoin skeptics

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are out in full force saying, see, gold is the

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real safe haven. Bitcoin is losing the digital

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gold race. Let's break down why this narrative

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is completely backwards. First, gold hitting

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$4 ,000 is bullish for Bitcoin. Exactly. It proves

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that people are looking for alternatives to fiat

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currency. When central banks are printing money

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like crazy, both gold and Bitcoin benefit. But

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here's the key difference. You can't send gold

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across the internet. You can't verify gold's

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authenticity with cryptographic proof. You can't

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easily divide gold into Satoshis. Bitcoin is

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everything gold wishes it could be. It's scarce

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like gold, but it's also portable, divisible,

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verifiable, and resistant to confiscation. Peter

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Schiff is out there predicting Bitcoin will crash

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while gold soars. But let's remember, Bitcoin

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is up from $16 ,000 to $122 ,000 in just a few

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years. Gold went from $1 ,600 to $4 ,000. Bitcoin

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is up 662 percent, while gold is up 150 percent.

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And Bitcoin did it in a fraction of the time

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with a fraction of the market cap. The fact that

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both are rising proves that we're in a debasement

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trade. Governments are destroying the value of

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fiat money and smart investors are fleeing to

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hard assets. Bitcoin and gold can both succeed,

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but only one of them can be sent to someone in

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another country in 10 minutes without asking

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permission. Deutsche Bank agrees with us. They're

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saying Bitcoin will be on central bank balance

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sheets by 2030 alongside gold. The debate is

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over. All right. It's time for everyone's favorite

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segment, the all -coin roast, where we remind

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everyone why Bitcoin is king and everything else

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is just complicated. Ethereum is up, approaching

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$5 ,000, but it's still not at its 2021 all -time

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high. Bitcoin is making new all -time highs,

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showing the difference between a scarce asset

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and one with unlimited supply. And all of these

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Ethereum killers, Solana, Cardano, promising

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to be faster and cheaper, miss the point. Bitcoin's

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job is to be the most secure, decentralized,

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hardest money ever created. Fast transactions

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are for Lightning Network, not the base layer.

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Altcoin projects try to be everything, money,

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smart contracts, NFTs, DeFi protocols, and end

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up doing nothing well. Bitcoin does one thing

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perfectly, be unstoppable, sound money. Speaking

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of which, let's talk about XRP. It's been pumping

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lately and the XRP army is celebrating like they've

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won something. It just got flipped by BNB in

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market cap. While BNB has utility, what does

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XRP actually do? Meanwhile, Bitcoin is quietly

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being adopted by those same banks as a treasury

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reserve asset. No permission needed, no lawsuits,

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no CEO making promises. And let's not forget

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about all these meme coins, Dogecoin, Pepe, Bonk.

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It's gambling, not investing. If your investment

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thesis depends on a tweet, you're playing roulette.

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The beautiful thing about Bitcoin is its simplicity.

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21 million coins, proof of work consensus, no

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CEO, no marketing team, no pre -mine. While altcoin

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projects are having governance drama, token unlock

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controversies and founder disputes, Bitcoin just

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keeps working block after block every 10 minutes

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for 16 years straight. Remember, if it has a

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marketing budget, it's not decentralized. If

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it has a foundation managing the protocol, it's

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not truly permissionless. Bitcoin has none of

00:12:32.440 --> 00:12:35.360
these problems. Before we wrap up, let's take

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a moment to understand why all these institutions

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are suddenly loading up on Bitcoin. It's not

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just about number go up. These are sophisticated

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treasury managers at major corporations making

00:12:48.299 --> 00:12:51.899
calculated decisions. First, it's about scarcity.

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Every publicly traded company has access to the

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same playbook. Buy shares, issue bonds, hold

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cash, buy real estate. But Bitcoin is the only

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asset with provable mathematical scarcity. Only

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21 million will ever exist. And that cap is enforced

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by cryptography, not human promises. Second,

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it's about inflation protection. When governments

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print trillions of dollars, cash becomes toxic.

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Your treasury is literally losing value every

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day. Strategies, Bitcoin holdings appreciated

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by $3 .9 billion in Q3 2025 alone. Show me a

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cash account that did that. Third, it's about

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network effects. The more institutions that adopt

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Bitcoin, the safer it becomes for the next institution

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to adopt Bitcoin. When Strategy does it, they're

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crazy. When MicroStrategy and Tesla do it, they're

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visionary. When MicroStrategy, Tesla, SpaceX,

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and dozens of other companies do it, it's prudent

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treasury management. Fourth, it's about taking

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responsibility for your own monetary future.

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Holding dollars means trusting politicians not

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to debase the currency. Holding Bitcoin means

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trusting mathematics, cryptography, and decentralized

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consensus. Which would you trust? The institutions

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that are moving early are going to look like

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geniuses in 10 years. The ones that wait are

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going to be explaining to shareholders why they

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missed the biggest wealth transfer in history.

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What an incredible day for Bitcoin. Let's recap

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the absolute tsunami of bullish news. Bitcoin

00:14:30.320 --> 00:14:34.659
smashed through $126 ,000 to new all -time highs.

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BlackRock's iBit is about to hit $100 billion.

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ETF inflows are breaking records. Deutsche Bank

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says Bitcoin will be on central bank balance

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sheets by 2030. SpaceX holds a billion dollars

00:14:47.929 --> 00:14:50.850
in Bitcoin. Corporate treasuries are going orange.

00:14:51.110 --> 00:14:53.789
The regulatory environment is improving. The

00:14:53.789 --> 00:14:56.309
SEC is pivoting toward clarity. The political

00:14:56.309 --> 00:14:59.549
will is building for a strategic Bitcoin reserve.

00:15:00.250 --> 00:15:02.929
The network is stronger than ever. Holders are

00:15:02.929 --> 00:15:05.990
accumulating. Exchange balances are at three

00:15:05.990 --> 00:15:08.750
-year lows. And most importantly, none of this

00:15:08.750 --> 00:15:12.230
was an accident. Bitcoin was designed to be exactly

00:15:12.230 --> 00:15:14.990
what it's becoming, the global reserve asset

00:15:14.990 --> 00:15:18.710
for the digital age. Remember to visit thebitcoinstreetjournal

00:15:18.710 --> 00:15:22.049
.com, set up your Noster profile, start zapping

00:15:22.049 --> 00:15:24.529
sats, and join the decentralized revolution.

00:15:25.070 --> 00:15:28.190
Study Bitcoin, understand why it works, and if

00:15:28.190 --> 00:15:30.649
you're not already, consider getting some exposure.

00:15:30.850 --> 00:15:34.230
We're still early. Most importantly, not your

00:15:34.230 --> 00:15:37.590
keys, not your Bitcoin. Take custody of your

00:15:37.590 --> 00:15:40.730
own wealth. Be your own bank. The 21 million

00:15:40.730 --> 00:15:43.370
Bitcoin cap doesn't care about your skepticism.

00:15:43.570 --> 00:15:46.049
The proof of work consensus doesn't care about

00:15:46.049 --> 00:15:50.049
your opinion. Bitcoin is inevitable. Keep stacking

00:15:50.049 --> 00:15:53.429
sats, keep hodling through volatility, and keep

00:15:53.429 --> 00:15:55.629
spreading the orange bill. Thanks for joining

00:15:55.629 --> 00:15:58.730
us on the Bitcoin Street Journal podcast. This

00:15:58.730 --> 00:16:02.090
is history being made in real time. See you on

00:16:02.090 --> 00:16:02.610
the next block.
