I just don't think people have a big enough imagination for this upcoming cycle, and what's going on. I think we're entering the last chapter of this macroeconomic system. I'm quoted saying 250,000 to a million. That's my range, and the range is wide, but the I'm you're asking me to price something in a piece of paper that politicians, as you pointed out, that don't even know how the system works, are actively debasing. So, you know, I think it trivially gets 250,000. I think a million is possible. Within the next 18 months, I think a million is reasonable. I mean, given the amount of debasing that they're going to have to do to hold the system up and bail out the bond market. Strike CEO Jack MERS, one of the youngest Visionaries in the Bitcoin space, has a staggering $250,000 to $1 million price prediction for the world's largest cryptocurrency by market cap before the bull market ends in 2025 during a recent discussion with Daniela.

cambon on the itm trading YouTube Channel M said he believes Bitcoin prices could get as high as $1 million per coin when central banks begin the next round of money printing and quantitative easing measures. MERS warns that a severe crisis is brewing in the bond market and the FED will be forced to step in to stop an implosion that could pull down the entire financial system. He cites the example of embattled currencies like the Argentine peso, Egyptian pound, Nigerian Nera, and the Japanese Yen, which has lost more than oneir of its value in the past 3 years. Jack previously revealed that he believes the next QE rounds could be thrice as large as those printed during the pandemic, which was approaching $1.13 trillion as of mid-2021 according to an article from nasdaq.com. Comparatively, this cost more than the US spent in its 13 most expensive wars combined. The $5.2 trillion spent on personal relief checks, vaccines, unemployment, and other purposes is larger than the estimated $4.7 trillion spent.

on World War II. In today's dollars, if Jack's prediction is right, and the Fed and other central banks unleash an even larger round of money printing on the global economy, asset prices will skyrocket wildly, and Fiat currencies will lose even more value. This is probably why Jack proudly announced earlier this year that he was going all in on bitcoin and completely away from the US dollar and other Fiat currencies. While the latter has lost more than 9% of its value in the past 100 years, Bitcoin has increased by thousands of folds and remains the world's best-performing asset since it was created. We will now bring you clips from Jack's insightful discussion with Cambone. Please watch, share, and like this video. Subscribe to the channel and turn on post notifications for more videos like this. Everything you do helps with the YouTube algorithm and immensely contributes to the channel's growth. Thanks and enjoy the video. I think right now we're in this really weird environment where we've had rates that were raised faster than they've ever

been raised before, and they've persisted. And now we have this Fed that's trying to scare markets and claim higher for longer. Where in reality, I don't think it actually matters. It's clearly inflationary, whether you're looking at the stock market, gold, the real estate index, Bitcoin - everything is double-digit year-over-year returns. And so, it's clearly stimulative. Still, it's clearly inflationary. Still, I think people can get confused by the price of money, which is interest rates. But what about the supply of money? They're still stimulating, they're still printing dollars. And so, I actually don't think it matters what the Fed does. It's all stimulative. And the reality is, my favorite metric is global debt to GDP because it really, to me, it just tells the story very cleanly. Is that I view money as our time and energy in an abstracted form, our time and energy in a market good that we can either save or exchange. And so, what Global debt to GDP tells me is that governments around the

world have borrowed a tremendous amount of our time and energy from our future, with no growth to pay it back. That loss has to be realized somewhere, okay, so where's that loss going to be realized? They have two options: either the people that lent them the time and energy, or the money, aren't going to get it back, and those are who the bond holders, those are all of the banks, all of the wealth in the world. Or they're going to debase the currency of the general populace and take time and energy from them, and that's what we call inflation. So to me, it doesn't really matter what the FED does, higher for longer, we're going to cut, it's all a load of nonsense, it's all very distracting, it's that there has to, there's a loss that has to be realized somewhere, and it's either going to be all the banks have to collapse and the bond market and the S, uh, sovereign debt Market's going to go to zero, or they're going to to debase the currency and inflate their

way out which is just ways of abstracting time and energy away from the populace to make themselves whole on what has been an egregious mistake in government and in fiat currency which of the two do you think is more of the likely scenario you tell me. I mean come on if they wanted to listen if I became the dictator of America where I can make any decision I wanted to do what I would do is have the banks fail I I mean we're running 20 back. I would I mean if they wanted to let the banks fail they could have. I think D dollarization started in 089 because the world realized they're not they don't care about the value of this world Reserve currency. They don't care about protecting the shareholders of this dollar network uh and they bailed those guys out and that's that's the only way and the reality is there's no easy way out. The other way is you need to debase the time and energy of everyone that commutes to work every single day so think about it. I mean why.

are people getting married later in life? Why are people having less kids? Why are people having less housing? Because it's more time and energy that goes into a quality of life that we expect because they're debasing our money. They're debasing the time and energy that we're contributing into the universe to make themselves whole on the whole, in the balance sheet, right on the global debt GDP ratio. So I think they're going to debase the currency, which, by the way, where we agree, Bitcoin, gold, these are both assets that are outside the purview um of their reach, right? They cannot debase these. And so it is a way to protect your time and energy, uh, in my opinion, and why these assets probably perform very well. Jack's animosity towards the US Federal Reserve and other central banks is completely understandable and deserved. Macro analysts and economists have repeatedly pointed out the Stark difference between the Dollar's performance and value before the bank was created and after it was created in 1913.

this also provides a lot of insight into why most of the founding fathers were against the idea of an all-powerful Central Authority that would determine the value. Americans get for the money. Thomas Jefferson said he considered Central Banking to be a bigger threat to Liberty than standing armies. George Washington said paper money ruins Commerce and results in oppression and every species of Fraud and Injustice. For John Adams, paper money is the cause of all the perplexities confusion ion and distress in America. Unfortunately, those in charge of our financial systems and economic policies now are people like Jared Bernstein, the chair of the United States Council of Economic Advisers, who recently said the US government can't go bankrupt because we can print our own money. Not only did Bernstein, who drives economic policies in the country, reveal that the US government can and does create money out of thin air, something they've denied for years, but his blatant refusal to acknowledge there is something wrong with our economic policies is the exact reason why we are here today. The way Bernstein stumbles through the next question about why we

have to borrow when we can just print. All we need is another huge indication of looming disaster. Let's get back to the video. I think this is a perfect example of why money that we use within society. So again, money solved this idea of barter so we can hyperfixate and focus on our jobs and we don't have to exchange them for someone else's job. We can exchange them for money and then use them in an economy. It's what allowed us to have billions of people in the economy, digitize the economy, have an economy on the internet, and what we exchange our time and energy for cannot be centrally controlled by a group, especially government and politicians, because it will just be abused. And so that's what I think we've seen is just compounded abuse over decades and decades and decades to people that supposedly make decisions don't even know how it works. So to me, it was just a clear as day example. And I mean even right in there, right I think he's

right by the way, the US government can't default. I think that's true, and that's the position they've always taken. So they will print, which is another way of saying they will inflate, they will debase, right? So they will take the time and energy of the general populace that has to go to work. Everyone that has to go to work every day will get less housing, less groceries, less gas, less cars, less family, less, a lot less life expectancy, uh, in order to finance what they're doing, right? And the only other way is for them to let the bond market collapse and for us to reset the whole thing. So he's right, um, whether he knows it or not. He's unfortunately looks clueless and uneducated though, but I don't know if either of us are surprised by that. I just don't think people have a big enough imagination for this upcoming cycle and what's going on. And I think we're entering the last chapter of this macroeconomic system of sorts, really. This is post-World War II, and you have

this American hemony that we've I'm I'm American that we have been trying to protect and persist for a long time, and I think we're seeing potentially the the the final ends of that. I mean let's look at now, there's a dollar Yen, there's the a swap line with Japan that we just opened, right? I mean we've seen currency crisises in Nigeria and in Turkey, now we're seeing one in Japan, soon China's going to have to devalue, and so my simple math and logic is again like there's a a loss that has to be realized. Do I think that the United States of America is going to default and have JP Morgan and all of their financial institutions and banking underbelly collapse? We're seeing what that looks like in Argentina, by the way. It's not easy. I don't think any politician is I don't think Trump or Biden or RFK is going to get up and say I'm going to take away your health care. I'm going to take I'm going to inflate everything.

around you, I'm going to crash everything you know. All your bank deposits are gone. We're going to go through the Great Depression because it's in the best interest of America. That's not what politicians do, right? I think politicians are going to say, Here's a bunch of free, and this is why you should elect me, and they're going to have to fill the whole of this deficit. And that, I think, it's not impossible to think. I'm quoted saying 250,000 to a million, that's my range, and the range is wide, but the I'm you're asking me to price something in a piece of paper that politicians, as you pointed out, that don't even know how the system works are actively debasing. So, you know, I think it trivially gets 250,000. I think a million is possible within the next 18 months for that reason. Um, I mean, even what's happening right now in Japan is terrifying. They're, they're literally testing a swap line to protect the

Japanese currency uh the Japanese currency is getting so weak. China is going to have to devalue soon probably so I think a million is reasonable. I mean given the amount of debasing that they're going to have to do to hold the system up and bail out the bond market at the beginning of the year. Jack merer announced in a post on X that he no longer owned US dollar and was all in on Bitcoin. In a thread that now has almost a million views and over 12,000 likes, Jack noted that there was no sense in owning any dollars because of the rapid debasement caused by excessive money printing and overspending. Here are some of the tweets from the thread: I no longer own any US dollars, not even a penny. As an American Millennial, I love our country but I oppose our money. I'm all in on bitcoin setting my sales toward Prosperity or going down with the ship. I believe it's important to take a stance now more than ever during the discussion with cambone.

MERS emphasizes that he still strongly believes in the American dream and the ideals on which the country was built. However, he believes the nation has lost its way completely, and we won't get back on track until the corrupt financial system that steals from the poor to further enrich the wealthy collapses. Fortunately, the strike CEO believes the eventual unraveling of the system is much closer than everyone believes. What are your thoughts on Jack's one million bitcoin price prediction and his decision to exit the US dollar completely? Please share your thoughts, comments, and observations in the comment section below. Also, please give this video a thumbs up, subscribe to the channel, and turn on the notification bell so you never miss any of our videos featuring insightful analysis and interviews from the industry's brightest minds. Thanks for watching.

"People Have No Idea What's Coming for Bitcoin in 2025..." Jack Mallers

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