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how's it going everyone it's Sam there are some of the largest investors in the world that are now buying Bitcoin and talking about Bitcoin and meeting with Michael sailor about Bitcoin I want to talk about how Bill Amman is probably buying Bitcoin or very close to buying Bitcoin right now if you don't mind hit subscribe turn on the Bell notification underneath the video so you can see future videos just like this one as soon as I make them there will also be a few links underneath the video one is to Marx where you can trade cryptocurrencies on Leverage it's not right for everyone but in case you want to amplify your returns during this bull market cycle and you can manage risk properly you can check out the link underneath the video everyone's welcome just make sure that you follow their terms and conditions also there is a deposit bonus when you use my link underneath the video there's also a link down there to coin W where you can trade Futures and you can also trade spot cryptocurrency or you can buy Spot Bitcoin spot crypto there's also Al link down there to blow fin as well now something interesting just came out Bill Amman just tweeted about Bitcoin uh and he actually replied to this Bitcoin Meyers devour energy at record Pace during crypto runup now I haven't read this article here but Bill Amman did say a scenario bitcoin price rise leads to increased Mining and greater energy use driving up the cost of energy causing inflation to rise and the dollar to decline driving demand for Bitcoin and increased mining driving demand for energy and the cycle continues it's a spin wheel Bitcoin goes to Infinity Energy prices Skyrocket and the economy collapses maybe I should buy some Bitcoin now if you don't know who Bill Amman is he is one of the most probably uh noticeable or one of the most well-known investors in the market when you think about like some Big Brand investors or some big names probably Warren Buffett's number one uh maybe uh Bill Aman along with uh The Big Short bur uh Michael bur is also up there but Bill amman's probably the top three top five he goes through how bitcoin's price can rise now I think this might be off a little bit because a lot of the time when bitcoin's price Rises the energy that's being used to mine like the extra energy that's being used uh that increase in hash rate is from energy or from uh areas with low cost of energy so yeah it does cause the the price of energy to rise in those lower areas possibly but it's not like it happens everywhere but he goes through the scenario and he's really well known right he obviously uh knows what he's talking about he's actually had really good returns as an investor and he usually invests in very boring companies like he he buys restaurant chains a lot of the time and I say boring companies right they have good growth but they're traditional Finance he's bridging over from traditional Finance he has a big name and now he's talking about buying Bitcoin he's a billionaire he's very well known this causes more people to pay attention to bitcoin and it's kind of hard to tell from this whether he's being tongue and cheek saying basically okay bitcoin's going to collapse the economy it's not going to collapse the economy it is it's maybe the uh thing that saves us from the overreaching governments some people are saying that he's in step step one like the denier phase of crypto just like Michael sailor was there before just like Larry thinkink was there before like you start off hating crypto and then you turn over to thinking it's not a scam it's actually our way out it's our savior uh Dylan lir says that's not quite how mining works but you've reached the right conclusion uh documenting Bitcoin says there are two sides to every coin Bitcoin mining is lowering energ energy cost by helping offset wasted energy production the majority of Bitcoin mining is now powered by sustainably sourced energy and then post a bunch of a bunch of screenshots on it as well Michael sailor says you should buy some Bitcoin but not for the reasons cited above most Bitcoin miners are driving the cost of electricity down for other consumers not up let me know if you would like to discuss one onone so it is cool to see some of these people that are really Bitcoin native talk to Bill Amman and honestly even if he's bearish on bitcoin it could still be bullish for Bitcoin because it gets more people to talk about it as they say no publicity is bad so this is really interesting this is pretty bullish I also saw that Larry thinkink was talking about Bitcoin just yesterday uh and Dylan lir says do you realize how crazy it's going to get let's let's take a look at this video here let me play it for you that there's a lot of Merit to it there's a lot of opportunity it is a great store and this is where you can debate is it a good store do you know why it's made a bunch of computers figure out but there's only but the issue is if if people believe that it can be a an asset that can be cross border and let's be clear if you're in a country where you're fearful of your government and maybe this is one of the reason why China has banned it if you're in a government where you're if you're in a country where you're fearful of your future fearful of your right government or you're frightened that your government is devaluing its currency by too much deficits like us I'm not going to go there a little elephant you could say this is a great potential long-term store of value and it as I said it's like digital gold and I and I believe you still can't buy a slice of pizza with it isn't that kind of odd that we're but you can't buy a a price of pizza with Palladium or or gold no but you can do stuff with them I can get stuff with I mean people use gold for for stuff right but people you could buy and sell your Bitcoin no different than gold so it is very what is it but gold is put in like jewelry jewelry and and and you know iPhones I think there's there's in some Electronics there's gold it's more more silver Sil but you see what I'm saying it's there are practical uses Bitcoin it's literally a ledger right it is a ledger and but it's a International Ledger it's cross border it it over it's it's bigger than any government I see I agree with you it it would have blown up I believe in FTX and it didn't after FTX so obviously Larry going on national TV talking about Bitcoin answering I don't want to say uh hard questions not soft questions either just kind of middle of the road like this is what normies are wondering like if I can't spend Bitcoin then what's the point of it but you can't spend a lot of things that you invest in uh what you're what you're doing is actually claiming part of the network claiming part of the token that can send value across the world has one of this the highest Securities of any network out there is unchangeable in what is going to happen in the future like you can't change uh what the inflation is going to be you can't change how it works that kind of stuff so it's it's immutable so larink obviously like a person that people look to runs the biggest money manager in the world uh and yeah very bullish on bitcoin obviously we've talked about that for a long time and then uh some wallet speculation wallet number 30 speculation heats up again as Jeff Bezos visits with sailor for the second time so I heard some rumors about this that Jeff Bezos was caught with sailor again and what was so interesting about this wallet is it started I think like a couple couple weeks ago just a few weeks ago uh we actually had the first large inflow yeah I think it was 225 and it was 26,000 Bitcoin at one time now this is the week of when Jeff bezo sold stock and he sold $9 billion worth of Amazon now what does he need9 billion for he invested in an AI startup which was like uh it was a part of 600 million I saw that they raised money from like four different entities including Bezos and they raised 600 million but he sold $9 billion worth of stock consider what 40% tax rate maybe he's got four five billion left over and yeah this wallet bought over a billion dollars worth of bitcoin at that time and when you think about who actually has that kind of liquidity Nations and billionaires with probably $50 billion plus if you're worth even1 billion are you going to put 15% of your net worth in an asset at one time probably not and it's really hard to get liquidity most of the people worth $10 billion don't have $1.5 billion worth of liquidity so putting $1.5 billion worth in Bitcoin is tough even for uh people with tens of billions of dollars so it had to be either a nation or someone with $50 billion plus in my opinion and Bezos the timing in the fact that he met with Michael sailor that same time period like he was spotted with Michael sailor at uh bar or beastro right in California and then he spotted with him again what are they talking about Amazon stock e-commerce no they're talking about Bitcoin so obviously a lot of billionaires flipping over I just really wanted to hit on this bill Amman uh tweet though it is interesting obviously he hasn't talked about it really in depth at least from what I can tell in the past but he is a traditional investor that has a lot of eyes on him I mean let's just take a look at his Twitter page 1.2 million followers just saw that he may be buying Bitcoin let's just look at this tweet how many views does it have 61,000 views and how long ago was this an hour ago this is bullish let me just like and repost this now if you are bullish on cryptocurrency and you want to go P along there's a link to Marx otherwise yeah get ready cuz this this is going to be nuts thank you so much I appreciate check out the links underneath the video I'll see you in the next one bye
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