Is Kaspa The Next Big Crypto? Price, Adoption & Why Bitcoiners Are Watching!

Ajouté : 2026-05-06

[00:00:00]What's up, crypto crew? Welcome back.

[00:00:02]Now, for the first time in months, Bitcoin's price has surged to over 80K.

[00:00:07]And in anticipation of the new chair of the US Federal Reserve, the signing of the Clarity Act after a long postponement, this cycle's bull run may finally be kicking off. Looking at the price per Caspercoin, however, there's still room for doubters and futters. But do remember crypto crew the way many Bitcoin maxis fud Caspa many no coiners people who don't see the value of Bitcoin treated and still are treating Bitcoin similarly. A Norwegian man spent $26 or $27 on bitcoins just a few years ago back in 2009. And it turns out that it was a good investment because those bitcoins have now increased to $900,000.

[00:00:47]>> That's crazy. I don't believe this story.

[00:00:49]>> Okay.

[00:00:50]>> I don't even know. Like I know >> it was reported by the Guardian, which is a reputable source.

[00:00:54]>> No, no, I understand that. And I understand that I'm I'm very likely to be wrong, right?

[00:00:58]>> But and I understand that I'm Grandpa Jen in this case and I understand that you need to get off my lawn. Okay.

[00:01:05][clears throat] That notwithstanding, I can't what? Bitcoin and somehow they magically turned into $900,000.

[00:01:12]>> This is the same but it has value. This is the same digital currency that was used for the Silk Road. In April 2013, the value of Bitcoin peaked at 266 before crashing to a low of $50 soon after. Since then, Bitcoin has seen large fluctuations in its value, most recently following the seizure of online drug marketplace Silk Road, plummeting before jumping 30 in one day to a high of 197 in October. So, um, look, I'm not an expert in digital currency, but I will say that I'm happy that he cashed this money out, uh, because you can't exchange it for actual, well, it is actual money, but you can exchange it for, um, in his case, the croner. Okay.

[00:01:52]So, he did that and he went went ahead and bought an an apartment, which I'm really happy about.

[00:01:57]>> Isn't that amazing?

[00:01:58]>> Yeah. No, >> that's that's why I'm having trouble.

[00:02:01]$27 and then you wake up a couple years later and next thing you know you got $900,000 and that's probably like a billion croners.

[00:02:10]>> Even with the evidence shown, people choose to be skeptic. I guess that's just human nature. Now before we continue, crypto crew prove all things hold fast. That which is good. Now, as some of you know, I've partnered with Tangum, and currently there's an ongoing 20% off your Tang wallet, plus an additional $10 in Bitcoin. Thank you to all who got their Tangent wallet already using my special link, adding the codes Extra26 and Crypto Crew. This helps support the channel, and it keeps me bringing these breakdowns and videos to the Caspa community.

[00:02:46]>> All right, so there's 2.1 quadrillion Satoshi's, right? there's they're not that scarce when you express it that way, but there's a lot of Satoshi's out there. But yes, there is some maximum quantity of Satoshi's uh that are out there. But none of it matters if people don't want them. Look, look, look at the last few years because Bitcoin today is 40% >> How many years have you been saying this though?

[00:03:07]>> Well, for a long time, right? [laughter] But look, mother, Bitcoin today is 40% lower priced in gold than it was four years ago.

[00:03:15]>> Yeah. When Bitcoin was 69,0004 years ago, it bought 37.2 ounces of gold.

[00:03:21]Today, and I just checked before, it buys 22.15 O. So, Bitcoin buys 40% fewer ounces of gold today than it did four years ago.

[00:03:29]>> Gold did better than Bitcoin in the last four years.

[00:03:31]>> Four years. A lot better. Over the last four years, think about what's happened in Bitcoin. First of all, we had all of the Bitcoin ETFs that got launched that didn't exist to buy Bitcoin. But we also have strategy that borrowed, you know, $40 billion to buy Bitcoin or issued stock and debt to buy 40 billion. But we had other crypto companies buying Bitcoin. We had ads at the Super Bowl.

[00:03:56]We had celebrity endorsements. Uh we had the NFT craze. We had El Salvador. We had the Bitcoin strategic reserve. We've had all of this money and hype and promotion. Unprecedented. But the price has gone down during all of this with all of this promotion, all of this hype.

[00:04:16]It's gone down. And if Bitcoin has not been able to go up in four years, if it's lost 40% of its value in real terms despite all of this, why is it going to why would it go up in the future? It seems to me >> Bitcoin four years ago was much lower value though, >> huh? Bitcoin Bitcoin four years ago was much lower value just because >> No, it's it's down. It's 40% gold. But if you're saying it's digital gold, then that's the best way to price it.

[00:04:43]>> Well, no. If you compare two assets, you can pick any random time period. One asset.

[00:04:47]>> How about random? I'm just picking the high from four years ago. But my point is, you had all of this hype. Why isn't Bitcoin? Look, you have people Michael Sailor is coming out here. Bitcoin is going to be $10 million of Bitcoin. All right. Well, why isn't it there now?

[00:05:01]Why? Why? I mean, if it's if it's really that valuable, the market would would would adjust the price now. You can't just buy it. I mean, he acts like you just buy Bitcoin and you're guaranteed to make all this money. It's a sure thing. Go out, mortgage your house, bet the farm, borrow against your business, put everything you have. Cuz he said it's a sure thing. Well, if it was a sure thing, the price would already be there. Bitcoin's value is determined solely by the number of people who want to buy it versus the people who want to sell it because it there's no user for it. Like there's there's [snorts] like like with gold, there is real demand.

[00:05:38]There are people who need to buy gold and will always buy gold. And if the price of gold goes down, they're going to buy more if it go. But in in in in Bitcoin, nobody needs it. But people want it, but they want it because they think the price is going to go up. But the minute they stop believing the price is going to go up, then there's no reason to have it. That was financial commentator and Bitcoin skeptic Peter Schiff, who like many are still debating Bitcoin's value today. But then there are those who do see the value of Bitcoin, and that's because they are open. And just like seeing the value of Bitcoin to no coiners, Casper's value will be seen by more and more Bitcoiners eventually. Here's VJ, who started out as a Bitcoin maxi, but has gradually invested more in Casper. One of the biggest problems I have with Bitcoin is lack of being able to self-custody it for a majority of the population. So let's say there is actual mass adoption.

[00:06:31]I mean more than 10% of people will not be able to actually move it to cold storage and then move it out without losing a ton in fees. And let's say the hypothesis works out where Bitcoin does double in price every four years. At that point just self-costing 1 million sats 0.01 Bitcoin, it's going to cost significant amounts just to move that offchain to transact on Lightning Network. everything's going to be custody by a third party. Literally goes against the entire white paper. And so these are the kind of things that I'm realizing, hey, there are some issues with Bitcoin. I want to just be vocal about it and just, you know, maybe it works out, maybe we come up with a solution and maybe we don't need Caspo.

[00:07:04]If Bitcoin was perfect, we wouldn't need any of the other cryptocurrencies. I see people telling me I'm making a difference, but in reality, I don't know most these people in real life. I have conversations with them. They message me. Uh there's some people in the Bitcoin community who I'm not going to disclose, but they are interested in Caspo, but they literally cannot talk about it publicly because they have tens of thousands of followers and due to the fear of exile from their community, they don't talk about it. There is interest from the Bitcoin community and these questions make them think cuz they are open-minded. I mean, the only reason you even got into Bitcoin is because you're open-minded. So, when you are open-minded and stay open-minded, it gives you opportunities to look for vulnerabilities, but also have open dialogue. cuz my goal is the mission. I again I don't care what the vehicle is.

[00:07:48]I'm thinking Caspa is the best vehicle, but it has a lot of hurdles and and I'm going to be honest, right? It's a billion dollar network versus $1.5 trillion. So there is massive difference in network effects at play here. And so is this about hey, which one's going to get more adoption? Which one are builders going to build on? Which one's going to survive in a few years with uh when it comes to uh network fees and how miners get compensated? And so yeah, I have uh absolutely no idea. I feel like maybe I'm making progress with opening conversations, but when it comes to I guess increasing the price, I I mean I I don't know if uh I'm directly impacting there. [laughter] Like other than Bitcoin being a potential best money to just send transactions unless it's actually utilizes money, there's very little opportunity for it to actually survive long term. As for Caspa, it could actually be used for just some decentralized applications even if it's not quite at that money stage. It has a little bit more flexibility. The way we market CASPA would actually change its future trajectory. If we talk about it as money, it needs to be used as money.

[00:08:50]But if we talk about it as hey, it's actually used for decentralized applications to build on uh use proof of work instead of uh following Salon or Ethereum, then we might be able to track more builders and actually reward miners while we work on using it as perfect money. There's an approach two different ways and it's almost like we need to get in teams and figure out which team I guess outperforms the other and see where the product market fit is because uh Bitcoin maxes just say that Bitcoin has product market fit for perfect money. We don't need anything else and to a point they're kind of right because it is the most wellknown. There's ETFs, there's Sailor, there's Wall Street, they bigger players are in Bitcoin.

[00:09:28]>> Shout out to Crypto Pumps and Quick Crypto for this session. and check out the full episode with the link in the description box below. Shout out to VJ and he really hit the nail on the head.

[00:09:38]Those who are invested in Bitcoin are because they were open-minded and I believe although there are some challenges ahead, Casper one day will be found by Bitcoiners. It's just a matter of time and adoption. None of what I say is financial advice. Always make sure to study to show thyself approved and always do your due diligence. Do your own research. Crypto Crew, prove all things, hold fast that which is good.

[00:10:03]>> Stick around.

[00:10:04]>> Fix your mind before you get to the grind. And with that said, let's continue to escape the matrix. Let's be on the lookout for the next big thing here on the crypto ocean. Grow in grace and let's make some crypto waves. Say I.