Money is created on demand for loans. Money is created on demand for loans. Remember that. Back to the question, which is why doesn’t anybody know that we’re in a debt-based monetary system as Henry Ford told us a hundred years ago that if the people of the nation understood the banking and monetary system there would be a revolution before the morning not tomorrow the next week before the morning and so that’s where we’re at so we are in a debt-based monetary system okay now back to everybody’s wrong not just traditional finance is wrong.
I had a whole video about why boomers and retirement, why they’re having a problem. We’ll go ahead and link that to here and we’ll link it in the show notes. If you want to watch that video, if you want to understand why the financial system is fundamentally wrong, but back to Bitcoin, all of these people posting videos just like this, you’ll see them all across YouTube right here.
How much Bitcoin do you need to retire? How much Bitcoin do you need to retire? How much Bitcoin do you need to retire? How much Bitcoin do you need to retire? They all just make the same videos. And they’re all based off the exact same fundamental problem. The exact same fundamental problem, which is our financial system that’s broken.
Okay, and so you’ll see like this, this is a YouTube search that pulled it up. They say that you need 2.5 times as much Bitcoin is to retire rich than you would have. You need 6.25 Bitcoin. You know, all of these things, according to another video, you would need 2.63 Bitcoin to reach $1 million.
See that? This is what’s broken. You need 2.63 to reach $1 million Bitcoin. So basically what they’re thinking is just like traditional finance, which is whatever for the American, for the average American, you need about $1.5 million to retire. Well, some people need more, some people less, but they say 1.5 million.
So what they’re saying is if you had 2.63 Bitcoin, it’ll be worth about a million dollars and you’ll be okay. But that’s completely again, understanding the entire game that we’re playing. Even one of my friends, Pomp, he writes a daily newsletter, which is really good by the way, but he wrote this in his newsletter and he said that I hate to break it to the Bitcoiners, but if Bitcoin is trading at 1 million and you hold one of them, then you don’t have the 1.3 million necessary to retire today. The 1.3 million will
continue to go up in value too because the dollar’s being devalued. So what he’s saying is the same thing. Look, the average person needs 1.3. Most people aren’t gonna get that much in Bitcoin. And so it’s still the same thing, which is how much Bitcoin do I need to retire so that I can spend that money down and it will hopefully last until I die, just like Papa Rich.
So that’s the old way. This is what everybody’s got wrong, is what traditional finance has wrong. If you wanna understand this from a deeper level, like I said, just like Papa Rich. So that’s the old way. This is what everybody’s got wrong. It’s what traditional finance has wrong.
If you want to understand this from a deeper level, like I said, I’ll link a video down below that really breaks this down. But there’s a better way. Let’s just talk about the better way. Okay. The better way that the wealthy build wealth is that they buy wealth. Wealth is measured in goods and services, not currency, goods and services. Remember, we don’t want money. We don’t goods and services. We don’t want the money, the currency.
We want the goods and services. So the families that have generational wealth, the ones that you’ve heard about, like the Rockefellers and the Carnegies, they buy assets, they build wealth through assets, and they pass those down to generations. They don’t spend them down to zero before they die. You don’t get generational wealth.
So michael saylor says is you never sell your bitcoin you buy and you hold assets you never sell them you take the currency you buy assets then those assets continue to appreciate they continue to go up in value and then when i give them to my kids they hold them and they go up in value when they go to my grandkids they hold them they go up in value but here’s the key A lot of people are asking yourself right now, but Mark, when do I get my money out? What if I want to buy something? And that’s the key. So what we want is we want assets that can provide us cash flow and not just
cash flow, but cash flow forever. Let’s go back to Papa Rich for a second. So if Papa Rich has his savings, let’s call it whatever. Let’s call it a million dollars for round numbers. He has a million dollars and he’s hoping that he can pull whatever, a hundred grand a year until he dies.
But what if he took that million dollars and bought real estate that paid him a hundred grand a year? Now he could continue to pull the hundred grand a year out and that million dollar balance never goes down. As a matter of fact, it goes up because the price of the home is going up. Then when he dies, instead of spinning it down to zero, the house goes to his kids, which continues to pay them $100,000 a year and continues to go up in value.
And it goes to their grandkids. And it continues to pay cash flow forever while you hold the asset and it continues to go up. That’s how you create generational wealth. Sounds pretty easy, right? But you’re saying, Mark, Mark, but that’s fine for real estate or dividend paying stocks or businesses. I get that. But Bitcoin has no cash flow.
So what do we do? How do we make this work with Bitcoin? And that’s what I’m going to break down for you right now. Okay. So what we want to do is remember in the game of money, we in a debt based monetary system. That means money is created through debt We talked about the Federal Reserve, you know printing money Putting ink in the printers and printing them It’s not how it works Right when the banks issue loans when you take a house a car a boat loan when you take that loan The money is created into existence through debt. So what we want to do is we want to leverage our assets with debt.
I know Dave Ramsey tells you don’t use debt, pay off your debt. All you guys are sitting here trying to figure out how you can pay your house off faster. No, no, no. We want to use debt, obviously responsible. And I’m going to show you how. Don’t worry. We’ll break down the math. So we have to understand we’re in a debt-based monetary system.
So what we want to do is we want to hold the asset. We don’t want to sell the asset. If I sell the asset, Bitcoin, I have to understand we’re in a debt-based monetary system. So what we want to do is we want to hold the asset. We don’t want to sell the asset. If I sell the asset, Bitcoin, I have to pay tax on that.
I lose a huge chunk of my wealth right off the bat. Then I take whatever’s left over, but I no longer have the asset for the appreciation. Back to the house example, I can keep the asset to go up. Now, the other benefit of doing this by leveraging debt against the asset, not only do I keep the asset for appreciation, but the income or the money I take off the asset with debt is tax-free.
So option one, I sell the asset, pay a big chunk of tax, and I have a little bit left over to spend, but I no longer have the asset going up in value. Option number two, leverage it with debt, get tax-free income, and keep the asset to go up in value. This is how you create generational wealth. It’s the same thing. You’re already doing the work.
Why not just make sure that your hard work lasts for future generations by making this small shift? Now, I know you got a whole bunch of questions about this. It’s a little bit more complex than I make it seem. So let me break this down for you. Okay. Now, in order to understand how this works, leveraging Bitcoin with debt, so I can have generational tax-free income, my kids can have it, my grandkids can have it.
We have to look at two things, the past, and we have to look at the future. Okay. So number one, we want to look at Bitcoin’s past. Now we we’re going to go back to about 2010. And till now, 2025, about 15 years. Now we can see that Bitcoin has been the best performing asset. You already know this. We can see the types of returns. It’s been averaging over a 200% compounded annual growth rate. Compounding. That means it adds on to each additional year.
Now, what does a 233% compounded annual growth rate actually mean? It means your money is tripling every year. Imagine that. And it’s the triple, the triple, the triple. They keep getting bigger, bigger, bigger, like a snowball. And so 233%, that’s been the history. Now we can see that, of course, you know this and you’re already telling me in your head, but Mark, Bitcoin’s so volatile, the price goes up and down. Yes, you’re absolutely right.
It’s extremely volatile, which is good and bad. We want volatile for the upside, but then you want to make sure we don’t have too much volatility on the downside. Now, when you measure this volatility or what we would consider a risk-adjusted return, you get what’s called a Sharpe ratio.
Now, Sharpe ratio gives you a return based off of the risk or the volatility that you have. And this is a report from Fidelity, I believe the second largest asset manager in the world. And you can see that the Sharpe ratio, which is the risk- return is about on par with gold. All right. So it’s pretty high. It’s not the highest, but it’s about on par with gold.
That’s what you can expect. And what we can see when we look back through Bitcoin’s volatility is we typically have like three or four good years and then a bad year. Then we have like three good years and we have a bad year, three good years and then a bad year. So we have these four year cycles cycles this is all important to understand the history I’ll show you back test the results so we can understand the future okay so now let’s take a look at some of these back tested results now by the way
I do just want let you know this is a tool that I created you can have it for free you can put your own numbers in and see where you would turn out if you scan this QR code that’s up on the screen, or we’ll link to it down below, you can download this whole workbook that explains it and get access to the tool.
But let’s just take a look at some of the math that I pulled from the tool. Okay, so basically what this is showing right here, we’re going to start at year 2011. The first recorded price was in 2010, but there wasn’t really much trading. It’s really hard to find pricing. So let’s just start at 2011.
2011 now what we do is we start at January 1st 2011 the price of Bitcoin was 30 cents 30 cents now let’s say in 2011 year one I had five thousand dollars I put into it most people didn’t because it was so risky what the heck is this thing I’m not gonna put five thousand I’ll put five hundred maybe But for the purpose of this backtesting results, put 5,000.
Again, you can have this calculator. You can put a number you want in. 5,000. What that means is that we would have had 16,667 Bitcoin. $5,000 gets us 16,000 Bitcoin. Now, this is backtested. So that year, Bitcoin went up by 1,100%. The next year, it went up 270. The next year, it went up 5500.
And then the fourth year went down by 76% because Bitcoin has all these big crashes. Then it went up 80%, 160, 1250. And then it crashed again. It went up, up, up, and then it crashed again okay so these are actual real historical numbers now what this tells us if I would have put $5,000 in here year 1 20 2011 and I would have waited till the year 5 I would have approximately 3 million dollars in Bitcoin so I started 5,000 I now have 3 million now here’s where we leverage it with debt.
So what we can do is if I would borrow only 5% of my total valuation. You see, what most people get wrong is they don’t understand leverage, they don’t understand debt, they get themselves into too much trouble. I think about debt or leverage like fire. I can use it to heat my home, but it could also burn my house down. Little kids shouldn’t play with fire because they don’t understand how to manage it.
And like Dave Ramsey, most adults don’t know how to manage debt either. They shouldn’t play with it. And so most people are like, well, I want to borrow 50% of that money. And then they get themselves into trouble. The volatility gets them into margin call requirements. They get liquidated. So I don’t advise that.
I advise 5%, all right? That means the price of a big Bitcoin would have to drop very, very far, farther than it has in history to get liquidated. So if we take 5%, that’s $156,000. So we have $156,000 of free cashflow. That’s money I can go spend. It’s debt. It’s non-taxable. Now the next year, Bitcoin went up by 80%, which now puts my valuation at 5.6 million. Next year, I borrow 6%.
I have to take some of the money of the 337, pay off the debt from the year before because they’re one-year loans. And then I still end up with about $180,000 of free cashflow. The next year, I’m at 5.6 i borrow three percent i pay off the old i keep 190 as free cash flow but the next year it crashed then it went down by 72 so in order to do that the next year i have to increase the amount that i borrow in order to get that amount and basically each year i’m borrowing more to pay off the year before.
And I end up with about 150 to 250 of free cashflow each year. Now this is back-tested results from 2011 through 2024. Okay. Now what we can see here, as you play around with this tool, like I said, we’ll link to it down below. You can get it for free. This gives you the price of Bitcoin. So again, price of Bitcoin was at 30 cents. And today, well, at the beginning of 2024, January 1st, we were about $45,000, $46,000.
So this kind of shows you how much free cash flow you could have by borrowing just a little bit of your stack each year and what the price of Bitcoin will be. Okay. That is back tested. Now, as we say in investing, past performance is no guarantee of future performance. So let’s take a look at where this future performance could go. No guarantee. Let’s take our best guess.
Now, I’m going to give you some assumptions of some very big financial analysts. I’m going to give you my assumptions. I’m going to give you a calculator and you can put your own assumptions in. How does that work? Again, if you want the calculator, just scan the QR code on the screen, or we’ll link to it down below.
Now, the first thing we want to do to project out how much Bitcoin we’re actually going to need to retire based off of this model, not the save and spend and die with zero model. But in this model, I want to look at Bitcoin’s future valuation three ways. Now, I’m not going to spend a lot of time doing this because I have many other videos where I’ve broken it down in depth.
So I’m going to go over this very very quickly if you want to get this more in depth again download the free book I have links and resources you can dig more into it so we’re gonna look at it three ways number one Metcalfe’s law number two venture capital and number three we’re gonna look at through inflation okay so three ways to identify what bitcoins valuation is so the first one is what we call Metcalfe’s law now fidelity again fidelity is the second largest asset manager.
They have been in Bitcoin I believe since 2014. They put out amazing research on Bitcoin and the kind of cryptocurrency space in general. Highly advise, just Google it, Fidelity Bitcoin Report, as well as in the free resource I have down below. I have their research pretty well expanded.
Plus I have links to all of it if you want to go look at it. But one of the ways they value Bitcoin’s future potential is using what they call Metcalfe’s law. And that means that the more nodes there are on a network, the more they’re worth. If you’re the only one in the world with the telephone, it’s not worth very much.
As a matter of fact, since I’m pretty old, my first mobile phone that I had, I was the only one that I knew. I was the first one of anybody I knew that had a mobile phone. So I had no one to call. And I didn’t even really carry it around with me. I just pretty much left it at home. And it wasn’t really valuable to me because not a lot of people had phones back then.
But the more people that get phones, the more valuable they are, which is more people that use Bitcoin, the more valuable it becomes. And what Fidelity has put out is they say using these analogs of past market cycles like this, they predict per Fidelity, they predict Bitcoin will be 1 million by 2030 and 1 billion by 2040. Now that’s pretty high. It’s a lot higher than my own valuation is, but I do believe in this 1 million by 2040. Now that’s pretty high.
It’s a lot higher than my own valuation is, but I do believe in this 1 million by 2030 number. I think this billion by 2040 is pretty high. We’ll come back to that in a minute. But Fidelity says 1 million by 2030. Let’s hold that number. Now, another way we can look at this is venture capital. So the way venture capitalists look at something is like, if I was in Silicon Valley 15 years ago, they’re pitching me on Uber.
I look at it and I say, well, how much could Uber be worth one day? Well, what are the markets it’s disrupting? Taxis, limos, vans, et cetera. How much is the total valuation of those markets? And what percentage do I think is reasonable that we could get from those markets? All right.
That’s a way that a venture capitalist would approach this what markets are we disrupting now i did a video recently um where i broke all this down in depth and i showed that bitcoin gets to 43 million dollars per bitcoin i think this is in like 50 years so much more conservative than what fidelity thinks if you want to watch that video uh we’ll put it right here or we’ll link to it down below you can go watch that later if you want the in-depth but let me give you the cliff notes so basically bitcoin is a lot of things it’s more things than what we know it will be but one thing that we do know it is is it’s a store of value so we can say it’s disrupting store of value assets like gold cars and collectibles fine art stocks real estate bonds
and money those are all just things we just store. We save our money in. If we add all those up, we get to $900 trillion of value. Do you think it’s realistic for Bitcoin to get 10% of that, 5% of that, 50% of that? You can decide on your own. Again, I’ll give you the calculator. You can play with it, but let’s just say that it takes 10% of that.
I’ll give you the calculator you can play with it, but let’s just say that it takes 10% of that. Now, Goldman Sachs, JP Morgan, they’ve said that Bitcoin will overtake gold. I’m just saying it can get 10%. They’re saying it will overtake it. If we did that, that gives us 10% gives us 200 trillion, which puts Bitcoin at $10 million per Bitcoin.
So if Fidelity said 1 million by 2030, here we’re looking at $10 million per Bitcoin. If we only get 10% of those. And another way we can look at this is through inflation. So what do I mean by that? The reason why prices go up is because the government won’t stop making money. They won’t stop printing money.
And what we can see right here is the supply of the, or the growth of the money supply. And I put some trend lines here. So you can see this here is the supply of the or the the growth of the money supply and i put some trend lines here so you can see this is the old trajectory that we are on and then we started going much steeper and then we started going much steeper and we started going much steeper and now we’re like going like straight up and as the money supply increases the costs of goods and services go up so the money supply increased by about 35% real estate went up by about 35% stocks went up by about 40 or 50% so
as the money supply increases the cost of all these assets like real estate go up and so then I would say well how much money do we think will be created in the future well we can just turn directly to the government’s own projections this is from the CBO Congressional Budget Office And what they show us is that the amount of debt that we have today ain’t nothing.
They expect us to add another $20 trillion of debt in the next 20 years. Another $20 trillion of debt, basically doubling. So if you increase the money supply by that much, then the price of homes goes up that much, the price of the stock market goes up that much, and we can see it in this chart right here. So the money supply went up by about 35%, and the S&P 500’s three-year return is what? 33%.
Do you understand this? So another way we can look at it is well how much more will the money supply increase well they already told us 20 trillion we can see what happened with it before put stocks up by 30 we know that Bitcoin moves up many multiples more than stocks so we would expect it to go up at least 30 if not more okay that’s three different ways we can look at it.
Now let’s take a look at the calculator and see what this looks like. And now again, you can get this calculator and you can play with it on your own. Um, just so you know, only, only I would only play with the green arrows. You don’t want to mess up all the formulas that I have here, but now we’re going to start in year 2024. Um, January 1st, 2024, Bitcoin was about $43,000 per coin.
And if I started with $100,000 in January of 2024, that would be about 2.3 Bitcoins that I have. Okay. Now this year, 2024, Bitcoin will go about 200%. We haven’t finished the year yet. So we have to kind of wait and see based off of the 200% annual compounded growth rate. Maybe that’s approximate. We don’t know. All right.
Then let’s say next year it goes up 150% because we’re in the halving cycle. As most of you know, if you’re following along, most of the growth in the, in this, uh, in this four year cycle should come over the next 12 months or so. So let’s say we have that. And then we’re probably going to have another big crash.
I hate to tell you, but it happens on a four-year cycle. We’ll probably have another big drawdown right here. Then we’ll have a couple good years. We’ll have another big drawdown, a couple good years, another big drawdown, a couple good years, and another big drawdown. Because of the four-year halving cycle that happens, this is what’s been historically.
There’s no guarantee it will continue, but I think it probably will. Now, I don’t think that it’s going to continue going up by 200% forever. As a matter of fact, it’s going to continue to slow down pretty aggressively. But if the money supply continues to increase, like the CBO says it will, and it pushes stocks up at least 30%, and Bitcoin moves up multiples of that, then I think it would be pretty conservative to think that Bitcoin would go up at least 30%, right? So I have it going up by 200% and then slowing down
to 150, then a massive drawdown, then slowing down to about 100%, 100%, 50%, 50%, a big drawdown. And eventually it’s only going up by 25 or 30% down here. In my opinion, I think that’s somewhat conservative based off of all of these numbers that we’ve taken a look at. And if we look at where does this put us by 2030, right here, it puts us at about a million dollars per Bitcoin, which is in line with what Fidelity predicts, which is in line with sort of what I predict as well. None of us have a crystal ball. You might
think I’m out of my mind. And so you can put in whatever valuations you want. But let’s just take a look at this. So let’s say hypothetically, you put $100,000 into Bitcoin, and it follows this model. This is very conservative based off the historical and off of these three forecast looking ways that we looked at it.
But you decide. So $100,000 goes in here. We wait four years. Then we have about $750,000 worth of Bitcoin. We borrow 10% against our stack. A little bit more than I said in the original model. Now we’re borrowing 10%. That gives us about $75,000 of free cashflow. It goes up the next year. We have 1.5.
We borrow 10% again, gives us enough to pay off the old debt plus keep another 75,000 of free cashflow and on and on and on. This year it had a big drawdown. It went down by 35%. So the next year I have to borrow 20 20 which is a little bit more than i’d like to it’s a little bit more risk again play with these numbers as you see fit now i got to borrow 20 to pay off the old debt and still get me my hundred thousand but then it starts coming back down and as you can see i’m never really borrowing more than about 10 of my stack so i’m
keeping my risk low but there is risk but i’m keeping my risk low. Now, again, I don’t have a crystal ball, but assuming that it goes somewhere in line with this, what happens is my $100,000 in the year 2043, Fidelity said it’d be worth a billion dollars. I think that’s crazy.
I’m saying that Bitcoin would be worth 16 million, a lot less than the 4 billion. But assuming that this model in 2043, you would have about $37 million worth of Bitcoin. Now that’s the valuation of the Bitcoin, but you would also owe two and a half million dollars. But you owe two and a half million out of the 30 million that you have.
I think that’s a pretty good deal. And what you’ve done is you’ve continued to hold the Bitcoin for this appreciation and you’ve pulled out free cash flow every year because of inflation starting at 75 grand. Down here, last year, you’re at $230,000 of free cash flow, never drawing down on your Bitcoin stack, but still having all the money that you need to live.
And then, of course, your kids can hold the, what do we have, 2.3 Bitcoin. Your kids get the 2.3 Bitcoin.? Your kids get the 2.3 Bitcoin, your grandkids get the 2.3 Bitcoin, and on and on and on. This is what we call generational wealth. Now, I pulled this data again from historical data that shows you the three plus one cycle that we’re in.
Now again, I don’t have a crystal ball, and as they say, past performance is no guarantee of the future, but that’s kind of what I think. And you can play with the numbers yourself. Now, I know this brings up a ton of questions. I can already hear them because I’ve talked about this subject quite a bit.
Like, for example, hey, Mark, where do I get these loans? Well, there was a video just recently of Michael Saylor explaining that he believes in the future, all the financial institutions and banks will be offering Bitcoin- based loans. Let’s play a clip from that.
I mean, anybody wanting a mortgage or wanting a credit card or a home loan, they would normally go to a mega, mega bank anyway. And the problem in the market is those banks haven’t, they haven’t custody Bitcoin. And because they don’t custody it, it’s not part of the collateral package. And there are a lot of reasons why they haven’t or they couldn’t.
But as soon as they can, I actually think the rest of the credit issues become very straightforward. And you’ll find a bank will give you either that margin loan in lieu of Apple or Microsoft stock, or sometimes they’ll give you a mortgage and they’ll say, post some other assets as security against the mortgage. And you end up posting some securities and you get a 30-year mortgage with some securities posted to get it going.
And they may just take Bitcoin as that security to top up your mortgage. Okay, so right now today there’s two or three places you can get these loans. But in the future, I said to wait five years. In five years as michael saylor believes and i probably agree most of the financial institutions and banks will offer loans because they give loans on your stocks and your equities and your assets anyway i can get loans against my car as an asset my house as an asset my stocks asset and yes my bitcoin uh probably a lot of questions about what are the risks mark this is
super risky all these people got loans from c Celsius and BlockFi and they got the rug pulled. Well, there’s a lot of ways to mitigate that. There’s a lot of ways we can offset that risk. What if your numbers are off? Well, again, make your own assumptions. Use the calculator you see fit.
What about inflation? How does that affect it? And what if the government makes this all illegal? Now, these are a lot of questions.
How Much Bitcoin Do You Need to Retire by 2030? – YouTube
https://www.youtube.com/watch?v=-6FKa7fzCvM
Transcript:
Imagine being able to escape the rat race and retire in the year 2030. In six short years from now, you’d be sitting on a white sandy beach. The sun is shining and you can hear the waves gently rolling in. Life is good. You might be wondering how much Bitcoin you would need today in order to make that dream a reality.
In this video, we will explore this topic by breaking down three price models to extrapolate your current savings into retirement. But first, let’s talk about the goal. How much money would it actually take today to be able to retire in 2030? There is no magic number for retirement.
The amount you need depends on factors like how long you think you will live, how much you’ll spend in retirement, how much your retirement savings will earn, and at what age you retire. To maintain a lifestyle similar to your current one, it’s suggested that you save 10 times your pre-retirement income by the time you retire.
A 1994 study known as the 4% rule found that retirees should plan to be able to draw down their invested savings by 4% each year without running out of money for 30 years. For the purpose of this video, let’s say we’re aiming for $1.6 million in today’s dollars. With 1.6 million dollars, you could comfortably live in retirement in the US for 30 years without needing any extra income.
So in today’s video, we will be answering the question, how much Bitcoin would you need to have today in order to retire by 2030? Hello everyone, welcome back to Bitcoin Basics. Today we are investigating an exciting topic that many people are probably asking themselves as they watch the Bitcoin price smash through the all-time high.
How much Bitcoin do I need to retire? If you are enjoying the video so far, leave a like and subscribe to support Bitcoin Basics. Now on to the fun part. How much Bitcoin would you need to buy today to have $1.6 million by 2030? We’ve done our research and have gathered four different predictions from experts in the Bitcoin space about how high the price of Bitcoin could be in the year 2030.
A bear case, a realistic case, a bull case, and a moonshot case. Starting with the bear case. In the bear case, we will assume that the price of Bitcoin only reaches a maximum price of $100,000 by the year 2030. Many people went on record in year 2021 predicting that the price of Bitcoin was going to break through $100,000 by the end of the year.
The people who made this prediction were proven wrong as the 2021 highs of $69,000 proved to be the top of the market. I think many people would agree that if Bitcoin were to only be at a price of $100,000 by the year 2030, it would be a major disappointment. For this reason, $100,000 will represent the bear case.
When the price of Bitcoin is $100,000, you would need to have 16 Bitcoin in cold storage in order to fund a 30-year retirement. This represents $1,120,000 at today’s price of $70,000. This would represent about a 42% growth in your portfolio. Not bad. So if Bitcoin only reaches a maximum of $100,000 by 2030, I’m sorry to tell you that unless you are currently a millionaire today, you probably won’t be able to retire on a beach somewhere warm.
So stay tuned for the next price predictions in this video for some crazy predictions. Up next is the realistic case. Bloomberg, the biggest financial analysis firm, offers a relatively realistic projection for Bitcoin’s value, suggesting it could reach as high as $400,000 by the year 2030. If this prediction were to materialize, it would significantly reduce the amount of Bitcoin needed for retirement planning compared to the bear case.
With Bitcoin valued at $400,000 per coin, that would mean you’d only need about 4 Bitcoin. Those 4 Bitcoin today would cost you about $280,000. Congratulations! Your portfolio would be up over 471%. While this may seem like a substantial sum, especially for those considering retirement planning, this investment could potentially yield huge returns if Bitcoin were to reach this bear price prediction by 2030. Now, on to the bull case.
The price prediction for the bull case is saved for none other than the ARK Invest CEO, Kathy Wood. She is on record saying that she and her fund are now more confident than ever in their price prediction for Bitcoin to reach $1.48 million by 2030. The investment manager’s boost of confidence comes from Bitcoin’s positive response to the United States’ regional banking crisis in March 2023 and the recent approval of spot Bitcoin ETFs.
ARK Invest published a price prediction for Bitcoin, saying that Bitcoin could reach $1.48 million by 2030. Well, if that happens, you’ll only need 1.08 Bitcoin, which would only cost you $75,000 today. If Bitcoin does go this high, it will mean that your portfolio would have seen a 1,328% increase.
In an interview with Bloomberg, Kathy Wood said that ARK was confident in their price prediction last year in March, when regional banks, including Silvergate Bank, Signature Bank and Silicon Valley Bank, all collapsed after facing overwhelming withdrawal pressure, which caused a run on the bank. Here’s what Cathie Wood is saying about Bitcoin. Bitcoin is an insurance policy against two things, the confiscation of wealth, either directly or by inflation.
What is Bitcoin a hedge against? It’s a hedge against counterparty risk. We won’t have a repeat of 2008 with Bitcoin, Cathy said. Everything is decentralized and transparent. As regional banks are going bankrupt and the stocks are imploding across the board, Bitcoin rallied from $19,000 to $30,000 last year, Cathie Wood said.
In her view, this rally signaled a flight to safety among investors that everyone will eventually want. According to the New York Times a year ago, the government and America’s largest banks joined forces in a rare moment of partnership. They were forced into action after Silicon Valley Bank collapsed on March 10, 2023, quickly followed by two other lenders, First Republic and Signature Bank.
Up next is the moment that you have all been waiting for, the moonshot case with a price prediction from Michael Saylor himself. If you are enjoying the video so far, leave a like and subscribe to Bitcoin Basics. Last but not least, that brings us to the moonshot prediction, Kathy Wood Wood isn’t the only billionaire with a hyper bullish long term thesis for Bitcoin.
It’s no secret that the MicroStrategy executive chairman Michael Saylor is massively exposed to Bitcoin. According to a recent tweet by Saylor, MicroStrategy holds 193,000 Bitcoin worth an estimated 13.3 billion dollars with a Bitcoin price of $70,000, marking unrealized profits and a yield of over 75% this year. Michael Saylor and MicroStrategy hold nearly 1% of all Bitcoin that will ever be created.
Michael Saylor recently predicted that Bitcoin would hit $4.7 million by 2030, and that Bitcoin’s market cap could go as high as $100 trillion. by 2030 and that Bitcoin’s market cap could go as high as $100 trillion. If the price of Bitcoin reaches $4.7 million, you’ll only need 0.
35 Bitcoin to be able to fund your entire 30-year retirement on a beach somewhere warm. Today, 0.35 Bitcoin is worth only $23,600. For Bitcoin to go to $4.7 million, that would mean that your investment portfolio increased by over 6,000%. Michael Saylor argues that Bitcoin is the ultimate investment asset that will exceed the market capitalization of just about everything else that you could hold in a portfolio.
Saylor has been encouraged by recent developments on Wall Street, especially the acceptance of Bitcoin ETF applications from the biggest hedge funds. Saylor regularly posts tweets about Bitcoin being a superior asset to stocks, real estate, and commodities. Back in July 2023, he tagged the CEO of BlackRock, pointing out that Bitcoin has outperformed gold by a massive margin.
Saylor, who initiated the MicroStrategy Bitcoin investment strategy in 2020 as a hedge against inflation and an alternative to cash reserves, confirmed his long-term commitment to Bitcoin. In a recent interview on Bloomberg TV, he emphasized the company’s intention to hold onto its Bitcoin, stating, there’s no reason to sell the winner.
Since Saylor’s initial investment in Bitcoin, the company’s stock price has surged over 450%, underlining the success of MicroStrategy’s bold investment strategy. With MicroStrategy’s steadfast accumulation of Bitcoin, the company continues to position itself at the forefront of the industry while capitalizing on Bitcoin’s exponential growth.
Did you know that the team here at Bitcoin Basics has listened to well over 100 hours of Michael Saylor interviews and has condensed the information down into one 10-minute video? Click the link on the top right of your screen to watch it now. However, with all of these insane price predictions, you should always remember this.
Investing in Bitcoin for retirement can still be risky. It’s also not wise to put all your eggs in one basket. Investing experts recommend diversifying your investments to reduce some of the risks, especially after retirement. Also, when it comes to storing your Bitcoin, it’s essential to keep it safe.
Don’t leave it on exchanges as they can be vulnerable to hacks or bankruptcies. Use a hardware wallet for better security. While it’s exciting and amazing to think about retiring with Bitcoin, it’s essential to do your own research. If you find it exciting and amazing to think about retiring with Bitcoin, it’s essential to do your own research.
