The Mark Moss Show Bitcoin Is Entering a Phase Most Will Regret Missing! | David Bailey
Jun 19, 2025
David Bailey, Founder and CEO of Bitcoin Magazine, shares his insights on Bitcoin's impending significance in the financial world. He discusses how institutions like Wall Street and pension funds are inadvertently becoming involved with Bitcoin. With a potential $21 trillion supply squeeze on the horizon, he predicts Bitcoin's price could skyrocket to $1 million under the next U.S. president. The conversation encourages listeners to rethink the future of money and the crucial role Bitcoin may play in it.
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Bitcoin as Superior Digital Gold
- Bitcoin's value parallels gold, with $1 million per Bitcoin equating to gold parity.
- Bitcoin surpasses gold by being more scarce, divisible, and internet-transferable with no security cost.
Bitcoin's Too Big to Fail Threshold
- Bitcoin might become "too big to fail" when its market cap nears US GDP.
- At that point, Bitcoin's price direction is only upward due to systemic financial implications.
Hidden Bitcoin Exposure in Portfolios
- People often unknowingly gain Bitcoin exposure via companies like MicroStrategy in their retirement accounts.
- This invisible leveraging integrates Bitcoin bullishness into broader market behavior and personal finance.