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Episode 218 - Ready for a Million Dollar Bitcoin?
Episode 218
In this episode of Satoshi's Plebs, McIntosh explores the concept of preparing for a million-dollar Bitcoin, arguing that Bitcoin will either reach that milestone or go to zero - and the latter seems highly unlikely at this point. Drawing from Bitcoin's historical performance, he notes that investments have often seen 10x returns over five-year periods, suggesting current prices around $118,000 could potentially reach $1 million within similar timeframes.
McIntosh emphasizes the importance of proper Bitcoin storage and security practices, recommending that holders graduate from exchange custody to cold storage solutions like hardware wallets, and eventually consider multisig setups as their holdings grow in value. He also discusses the psychological shift needed when dollar-cost averaging into Bitcoin at higher prices, suggesting people think in terms of satoshis rather than whole Bitcoin to combat unit bias. The episode covers broader implications including career opportunities in the Bitcoin space, wealth management considerations, tax planning strategies, and the social dynamics that come with significant Bitcoin wealth accumulation.
Stick around to the very end for the v4v track, “Cherry on Top” by Ainsley Costello
Bitcoin Price at Time of Recording
July 17th, 2025: 118,054 USD | 101,801 EUR
Block Height at Time of Recording: 905,888
Episode Page
https://satoshis-plebs.com/episode-218
Music Credits
Ainsley Costello
Cherry on Top
Website
https://satoshis-plebs.com
Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info
McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!
We are looking forward to hearing from you!
Published on 1 month, 2 weeks ago