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Welcome to bitboy crypto uh my name is Ben I'm coming to you live from my Closet Why why am I coming to you live from my Closet why do I have Bitcoins in my Closet Uh because I'm coming out of the closet Guys there's a Bitcoin both today that's Why so we're gonna walk out of the Closet see look at this But the light's no good so we're going Back in the closet About Bitcoin uh so John Deaton he Doesn't know John Deaton that's my guy Love John Deaton Um he is uh you know obviously one of The leaders of the xrp army uh he is an Attorney who has basically put out a lot Of information on the xrp case well he Was actually making a comment about Something else not necessarily have it These are zeros and ones look how cool That freaking is don't you want that for Your house You also need a gun safe uh he came out Talking about something different other Than xrp today He was basically talking about uh what Is going on with risk assets around the World and why we could possibly see Five trillion dollars coming to the Market But it's not all going to crypto so Let's explain that so basically what
He's saying is and you've probably heard This right like we've been telling you For a year moved to cash moved to cash Cash is King cash is King it's gonna be King again we're going to see inflation Go back down when inflation goes back Down you gotta invest Um in the dollar because when Inflation's going down the dollar is Worth more well what we've seen now is That even though Jerome Powell is coming Out and saying oh hey you know like uh You know we're gonna keep raising rates Well they just undid in the last month Half of all the quantitative tightening That they've done quantity of easing is Money printing quantitative tightening Is pulling the money supply back or at Least keeping it the same And of course when you're keeping the Same the population grows and when the Population grows obviously that still Kind of causes uh or or that that Actually reverses uh inflation so the Point is there's five trillion dollars On silence so a lot of people are Listening to this message about like hey We want to keep money in cash we want Money in cash And so a lot of people a lot of big Investors did that well now that they've Started undoing the quantitative Tightening or excuse me the quantity uh Yeah and now we're moving back to
Quantitative easing as the FED is moving Stuff to their balance sheets uh they're They're doing a lot of stuff right now Uh printing money we just printed um What was it 450 billion dollars I Believe about half a trillion dollars Were just printed when they said they Were going to print more money And now it looks like some of these Assets may be getting ready to come Pouring back in to crypto now let's just Do some math here and let's figure out Like if one trillion dollars comes into Crypto where is it going to go well most Of it's going to go to bitcoin obviously A lot of people go to ethereum and then Probably xrp will get a lot as well Cardano will get a lot as well polygon Probably don't sleep on polygon A lot of these projects uh are going to Get a lot of this money so let's just Save the market cap basically doubled From where it is now where would that Put Bitcoin if the majority Of that one trillion dollars let's Assume 20 of that five trillion on the Sideline comes crypto let's just say the Majority of that were to go to bitcoin Well that would basically just about Double the Bitcoin price uh essentially Let's say let's say six let's say 60 of It went to bitcoin it wouldn't double The price Um but it would basically go like let's
Just let's just call Bitcoin 30k for you Know issues and gigs and Giggles uh that Would basically put Bitcoin right about 50k that's that's where I believe it Would put Bitcoin at Um if the price were to All right start started going up it Wouldn't necessarily double it might be 45k something like that but here's what You have to remember when all this money Would come flowing in to risk assets What is it going to do once the Bitcoin Price starts going up it's going to Invite more money this is how pumps work This is essentially the way that pumps Work I'm not telling you Bitcoin is Going to hit a million dollars in 90 Days it's not going to happen don't Don't listen to people who are telling You that Um and if it did hey by all means we Want it to happen right so if it does Happen that's a win for all of us but I Don't see it happening however if you Were to look at what is going on in the Crypto market right now with with the Banks you know starting to collapse I do Think it is very possible that we're Sitting at 40 to 50K over the summer I Think it's very possible I'm not going to tell you it's gonna Happen I'm not gonna tell you it's Probable I'm gonna say probably I think There's about a 30 to 40 percent chance
That we come close to hitting 50k Possibly over the summer something else To watch out for is the Bitcoin Conference so the Bitcoin conference Pumps every single year I'm gonna be There obviously I mean TJ are going to Be there we'll have whale pass we're Gonna have about 10 staff members with Us hanging out at the uh at the Bitcoin Miami Conference in May super excited About it Um you know if you guys uh we've been Watching the show we got some discount Codes we're going to end up giving away Two tickets to the Bitcoin conference by The way but the point is to say it Always pumps around that time when is The Bitcoin conference well I believe It's like right in the middle of may Like May 18th through the 21st Target That day to look for some action last Year that was the end of the bull run I Mean we were officially I mean Technically it already ended before that But when we got the pump leading into Bitcoin Miami and then the dump Afterwards it almost hit 50k I believe It may have hit 48 if I remember Correctly that was when we finally got Shoved down permanently for the bear Market so The point being here is that there's a Lot of potential for Bitcoin to do some Running here in the short term in my
Opinion not to a million dollars like Everybody's out there saying but it's Gonna go up and this is one of the Reasons you got all this money in cash Sitting on the sidelines I want to know When's that money coming in and where's It going drop down below in the comments It's all God be blessed