Sabotage 121: How The SEC Unlocked $5M Bitcoin!

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The repeal of SAB 121 is being hailed as one of the most pivotal regulatory shifts in Bitcoin's history. With Bitcoin now surpassing $100K and poised for explosive growth, experts like Eric Weiss and Michael Saylor believe this moment will be remembered as a turning point on the path to $5 million Bitcoin. In this episode, we unpack the significance of SAB 121, the rise of Bitcoin as pristine collateral, and the risks and rewards of integrating Bitcoin into the traditional banking system. Learn how this shift is reshaping the financial landscape and why taking self-custody of your Bitcoin has never been more critical.

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Chapters:
00:00 - Bitcoin's Price Surge and SAB 121 Repeal
01:10 - Catalysts for Bitcoin's Future Growth
02:05 - The Impact of SAB 121 on Bitcoin Adoption
02:46 - Understanding SAB 121 and Its Implications
03:21 - The Risks of Fractional Reserve Banking
04:25 - Rehypothecation and Its Dangers
05:18 - Systemic Risks in the Banking System
06:06 - Central Banks and Their Role in the Economy
08:29 - The Distortion of Money and Societal Issues
09:42 - Self-Custody and Protecting Your Bitcoin
10:43 - The Future of Currency and Bretton Woods 3.0
11:50 - Proposed Regulations for Bitcoin and Banking
12:40 - The Path to Bitcoin's Explosive Growth
13:30 - BitBlockBoom Conference Announcement
14:26 - Conclusion: Balancing Risks and Rewards

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Copyright Disclaimer Under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. If you are or represent the copyright owner of materials used in this video and have a problem using said material, please contact Simply Bitcoin.
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5 million for 1 bitcoin is a great idea!!!

Diger
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0:13 I bet Saylor didn't realize how often that video clip would be quoted.

bujin
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Thank you Dante for making Us see the Forest for the trees.

LionelThring
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Bitcoin doesn't need help to raise its price. It's a special coin, the first of all cryptocurrencies, and is like digital gold. Big investors use it to store their wealth. As long as we have the digital world, Bitcoin will stay on top. Some people wait for the price to go up, but others, like me, trade actively and make profit...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Sandy Barclay’s, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

avrielle
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I value your perspective and content .Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. Thanks to Loraine Souvenir for her exceptional guidance and support in mastering these essential skills!

JTGilliard-x
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You rock Dante, greetings from Southern Africa.

draterlarebil
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We got rug pulled, no worries bitcoin will survive and thrive.

rubenortega
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Not your keys, not your bitcoin. Except for ledn, of course.. 😅

cedricmauquoi
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Can’t wait to see Jamie Dimon making ads for BTC. 🎉😊

mttscu
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Adaxum’s presale bonuses are a great incentive. Secured my position just in time!

SibelAyse-yw
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Dante, it's "No keys, no cheese"!

pedrodecosta
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So I predict a pull back to scare retail and the company jumps in.

fanxia
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I still can’t believe the SEC actually reversed course on this... makes you wonder what they know that we don’t 👀

WealthyChronicle
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Yes!!! Banks should custody our cryptos

rafaelkelsey
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So many people need to be educated that they don’t have to buy a whole Bitcoin. Any amount the use to buy BTC will greatly be amplified in the future.

kneeslider
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I think the btc reserve will be later after the usa has a decent position

roddypiper
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"Not your keys not your coins" he says, then he shills a custodial lending platform and takes their money? What a horrible person this guy is. He's all about bitcoiners until some custodian offers him money.

TopShelfMontana
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The only acceptable loans are overcollaterized ones from defi. The moment you allow fractional lending against your BTC, the whole idea of pristine collateral with limited supply goes to trash.

boccobadz
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Drop a link where you got that t-shirt homie!!! Thx!

humdog
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I bought 2 bitcoin at $40, 000 wanting to exit with at least $250, 000 but at the moment i am worried that bitcoin won't get to $120k in this bull run, as post halving has not seen bitcoin break its ATH. I need advice, should i cashout now and put my money in safe investments or still hangon?

ThomasLuke-uv
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