Now, I know many of you are not going to like the title to this video, but this video is absolutely essential, especially right now because we have so many new people entering this space. A big one. You have so many new people buying because we have so many people interested in Bitcoin, because what it has done since Black Thursday and not to mention we have the Bitcoin tapping. And from the time of this video. Three days. Twenty three minutes. Twelve seconds. Now, here’s the most important thing about the Bitcoin having you have to with unequivocally, you have to smash the like button. OK, that’s just necessary. Oros, the Hafidh will never happen. No, I’m just kidding. Just a joke. Just from Utku YouTube algorithm. Please smash the like button. Now, you know, this video isn’t going to make me popular. Popular is not what I’m aiming for. What I’m aiming for is and make sure I give people something to think about. OK. The Bitcoin laughing can go in one of two directions. There is going to literally take us to the moon and make millionaires upon millionaires upon millionaires, or it’s going to do absolutely nothing at all or risk a lot of people. I’ve been with Bitcoin long enough to see this very thing over and over. Where everyone says to you, oh, it’s last chance by Bitcoin, less than 10000. Last chance by Bitcoin, less than three thousand. I’m just it’s just it’s crazy. I’ve seen this over and over. And every time every time in history that I have seen the Bitcoin chart, look exactly how it looks right now. And seeing Bitcoin move like this and have this kind of volume, spontaneous volume, it always results in a crash, almost always in a crash. And if not a crash, a very substantial, prolonged correction, I guess you can say. Now, what is the Bitcoin having to summarize it in the simplest way possible. As of right now, the Block award is twelve point five coins per block. It’s going to decrease to six point to five coins per block. Blocks are solve roughly every 10 minutes a K, sometimes it’s a longer, sometimes it’s shorter. These rewards are what’s given to the miners for them supporting the network. So when it comes to warning you about the bitcoin halfling, there’s several things we’re gonna cover. The first thing I’d like to cover is hope. Number one, warning hope you hope youm is that one thing that the Bitcoin community is full of. Spend any time at all going through crypto Twitter and you will see so much hope, hoping it builds a lot of excitement and something else. I feel very important to point out is every time in history that we’ve have that we’ve ever had this kind of hope and excitement and all, we’re going to the moon. No, looking back now, guys, we’re gonna be rich. It didn’t end well. It just didn’t end well. So hoping hoping is that drug, that drink that I feel like the logical investors, the institutional investors make sure to feed down the pipeline of the retail investors. Right. Basically, it turns them into sheep and they line the sheep up for slaughter. That’s just my thoughts. Sort of first warning is the hope. I know it’s infectious. It always feels good to see a group of people support something and feel good about something and believe in something. Absolutely does. It’s just it’s a good feeling. But you got to be very careful because it can be very toxic, very quick. The second issue I have is blind buying because of the whole beom. This is not one and two ricard’s the same thing, but this is the blind buying. People will buy Bitcoin right now because their friends say, go buy Bitcoin. It’ll be too late if you don’t go buy Bitcoin. It’s never going to be this cheap again. You see this happen over and over. Desalt the last half, you saw it in twenty seventeen. All situations resulted in people buying something they didn’t understand and then panic selling. The good example right here, Eddie Alvarez. All right, Ben Asprin, if you don’t know who these guys are, they you’re obviously not UFC fans, OK? So, I mean, Ben, ASCAN is a UFC fighter. I think actually he’s retiring, by the way. But this guy is a supporter of Bitcoin. But check this out. He says, All right, Ben Asprin, I finally jumped in it and grabbed one bitcoin. I can’t sit in the sidelines any longer, you guy. I still have no clue what it’s all about, but I’m in. You might have to coach me. They they this whatever the hell he’s saying, there you see this happen over and over. People buy Bitcoin. They don’t understand what they’re getting into. They have no idea the dynamics. They buy bitcoin. Here’s the thing, though, when you buy Bitcoin like this, you’re buying it for the wrong reasons, you’re buying it because, oh, it’s gonna make me rich. Bitcoins be worth one hundred thousand dollars. Bitcoins to be worth two hundred fifty thousand dollars. Let’s ignore what the white paper says about it being the people’s currency, essentially. This is a borderless, decentralized currency that can be immune to market manipulation, that can be immune to institutional price manipulation, can be immune to the abuses of the financial systems that we have now. We buy by letting people buy blindly. We are not preserving those precious and very, very important fundamental philosophies of Bitcoin. Most people don’t truly understand that Bitcoin is a currency, not a store of value. And when we have people blind buying and buying and want to Hoddle, the concept of Hoddle is actually a concept that is damaging to the Bitcoin ecosystem. Cause when you Hoddle the currency, you don’t create a situation to where you need adoption, where you need more implementation, where you need more innovation to allow the currency to have a flow and blind buyers. Here’s the worst thing about blind buyers. Go back to the last half and go back to 2017. Go back to twenty eighteen, especially 2018. The people that bought from the last having ended up selling in 2018. So many people posting on it, so many people hating on it. Why do I do this? Why do I listen to such and such. Why. Why. Why. Why. The thing is when you buy this stuff and your whole whole reason is money, the new life, the actual pure flip philosophical purpose of Bitcoin. The moment things get bad, you’re going to sell. Now, also, consider that right now the world is in financial turmoil. The moment that anything happens, that the price of Bitcoin and things start to go south. These blind buyers and hopea buyers will sell out of pure necessity because a need to preserve their cash, because a lot of these people are unemployed. Some of these people’s businesses are not producing what they used to produce. A lot of variables that say these things are very, very dangerous. The next warning about the Bitcoin having has to do with the fact that we have entities that exist to day in the Bitcoin ecosystem that never existed in any of the previous halflings. And nobody I’m telling you right now, virtually no body takes into consideration these things. And when I say entities, I’m talking seemy. I’m talking back. I’m talking fidelity digital assets. I’m talking freakin the CBOE and many, many more. The thing about a lot of these entities, especially ACMD. All right. We’re going to talk about the CMU here in a second. Most of these focus on derivatives back. Try to physical’s physically settled futures platform did not do well. They did cash, did phenomenal paper did even better. People want to play derivatives, especially institutional investors. The thing that we see right now, I’ll ask, but I’ll tell you something else real fast. When we talk about institutions, so many people right now talking to all the institutions are buying the institutions, buying institutional investors when it comes to buying Bitcoin by two ways. And if you don’t believe me on this, become a member of Fidelity Digital Assets and an adviser will walk you through this. You buy derivatives and you buy OPEC. All of these institutional platforms provide Bitcoin to all these institutional clients so they can buy as much Bitcoin as they want without impacting the price. True story. Any one of you can become a client of Idalia digital assets and go through the pitch and hear it for yourselves. Not getting back to all these entities, these platforms were not designed to bet on bitcoin its future. What it will do for the world is decentralization and all the great, wonderful things that we love about Bitcoin. The purpose of it is to bet against the price of Bitcoin and given right now as world global financial crisis, something to think about. There’s nothing out there guaranteed right now, especially for these big funds to play with. There’s nothing guaranteed. The harping is the only guaranteed thing out there. They know retail money‘s coming in. They know that that there’s phono and they know that, hey, based off the history of Bitcoin, people panic, buy people buy out a formal. This is a great spot to bet against. That is what they do. That’s where you look at corn. Look at gold. Look at oil. These products are not designed to bet on the actual commodities himself. But how can we bet against the price the next warning, Bitcoin’s price is heavily manipulated, heavily manipulated. And it has been picked up and pumped by an artificial means. And you can track this for yourselves. You just take a little bit of time, go to things like, well, alert. It shows you all the big transactions are having in various block chains. And one of my favorite is right here, Teather Tether. Dang. Another 100 million. So that means since April 30th. Since April 30th, Teather has pumped in there five hundred and sixty million. You was DTV into the eco system. Do you know what happens to most of this tether? I will tell you what happens. Roughly 80 percent of that tether has been transferred to Bine. It’s the Tethers is printing money. You know what’s funny about Teather? The price of Bitcoin gets picked up by U.S. DTV. USDOT is supposed to be U.S. dollar. Teather is supposed to be a one for one backing for every one teather they have they’re supposed be one U.S. dollar. But in fact, if you research at Teather openly tells you it is not a one for one pairing. OK, so that is that’s that’s kind of funny. The next funny thing is every Bitcoin will tell you the U.S. government and the Fed are absolutely awful and terrible at managing their economies because if printed three trillion dollars through this whole financial crisis, they call the money printing scheme just terrible. They call it undisciplined. And that’s why Bitcoin is going to take off and it’s going to be the best thing. But here is something else. Think about the price of Bitcoin. Well, Apple, this Bitcoin itself can never be printed. What you get is what you got. Right. Except for the derivatives. There’s a whole lot of derivatives, but there’s probably more derivative bitcoin than there is actual Bitcoin by this time, actually. I know that for certain, because the CMC applied to double that amount of derivatives this year and they they got it. So they actually have twice the amount Derrida’s this year than it did the previous year. But USDOT is printing, printing, printing, printing and pumps the price of Bitcoin. And what’s funny is we call out the U.S. government and the Fed for printing money, but none of them will call out the USDOT for printing the price of Bitcoin up because self interest is served in that whole scenario. That is something you should definitely think about. And if you’re wondering why BTC USDOT pairing on buying ads is so far ahead of everybody else right now. This is why Teather has printed, printed, printed and has inflated the price of Bitcoin and has inflated 24 volume. And it’s Schlitz making it appear as if there’s more demand right now for Bitcoin than there actually is. So the conclusion of this. OK, Bitcoin is that supply is going to get cut in half with this kind of demand. Theoretically, the Bitcoin price could go to the moon and never come back. But the thing about Bitcoin is it’s never, ever been too late. Just in 2018, everybody was screaming, oh, my God. Bitcoin is at three thousand dollars by Bitcoin because it will never, ever be three thousand dollars again. Then just this year on Black Thursday, Bitcoin hit three thousand dollars again. It’s never too late. With Bitcoin, Bitcoin in the halfling is an awesome thing. But Bitcoin is a currency. Bitcoin is not a store of value. If the more that Bitcoin is played the same way that Wall Street plays their game, the more that we’re just turning Bitcoin into dirty money and nobody that is small is going to win. They continuously lose year after year. See, me personally, I believe that what we saw over here, this right here, this price range, 5000 dollars is the actual price of Bitcoin, in my opinion. I believe that right now this is where the world is actually holding up Bitcoin and supporting it, that everything above 5000 dollars right now has been done through artificial means using USDOT, Heather. And they had to do that. So how long can this go on? How long? My friends, the world is in a crisis, and I just me personally don’t see how this is going to last or how this is even possible. I just want to put out my warnings for the Bitcoin having and things that can go wrong and things that need to be looked out for. All right, guys. So make sure you smash the subscribe button. Hit that like hit the bell notification. I wished every one of you the best of luck. Best of health. Please be safe out there. Things are getting crazy. Peace out.