🇬🇧 BITCOIN | Three will die broke!! (Ep 816) 🚀

Added: 2026-05-13

[00:00:05][music] [music] [music] [music] [music] [music] >> It's all about humanity.

[00:01:01]It is that time again. Welcome everyone.

[00:01:05]I can see you joining in both YouTube and Rumble chat. Pound the like button.

[00:01:11]Don't forget to retweet this wherever you can. I'm Brian, the UK Bitcoin Master. If you're new to the channel, the Bitcoin Boomer, and this is the Bullish Bitcoin Show or the Bullish Bitcoin Channel with the Bullish Bitcoin Show. Today is Monday, the 11th of May, 2026.

[00:01:31]As always, strong Bitcoin hand. Bitcoin will always return to its previous all-time high. That's coming. Be patient, people. We're in a crab sideways bottom of the bear accumulation phase. Hey, listen, what do I know? I'm just thinking out loud.

[00:01:49]We're currently 81,524, and you can currently get 1,227 sats for every spare dollar you've got lying around. So, don't tell me you can't buy Bitcoin because you can buy a dollar's worth. Now, for those that are finding this channel for the first time, yep, on the walking wounded, wherever that is up here, I walked into the door of the shed today and boy that flipping bled. So, no need to put anything in the comments. I'm fully aware of it. It bloody hurts. Anyway, if you're new to the channel, finding it for the first time, it is so crucial that you do your own research. Don't come here looking for financial advice and fancy charts and technical analysis and crazy price predictions because you're simply not going to find them. I would also encourage you all to follow me somewhere else. This channel's been taken down once. It could happen again. If you're on Rumble, UK Bitcoin Master with a number one on the end, then I go live simultaneously with YouTube. If you're on YouTube, go and search in your search bar in YouTube for UK Bitcoiner or you can click the link in the show notes, it will take you here and you can click on it and follow me.

[00:03:05]It's dormant. Nothing happens there unless this channel gets taken down again. So, follow me somewhere else. Um if you're in the UK particularly, you might want to check out By The Book Accountancy, also goes by the name of Crypto Tax Help. This is Robin Thacher, the owner and CEO. He's a solid Bitcoiner. He gives really sound advice around taxes here in the UK and uh with all the changes that have taken place, my advice would be if you're in the UK, go and find his channel or go and find his in his website, I'm sorry, and book a consultation. Take 30 minutes with him and ask your questions. So important.

[00:03:50]And tell him that UK Bitcoin Master sent you. That would the only thing I would ask. Okay, so how we doing people? How are we all? Just been having a good chat with Glynn over there in Rumble who's got one more month where he is then he's moving somewhere else.

[00:04:08]Fair play to you Glynn, pretty envious of that lifestyle. And if we didn't have really young grandkids and great grandkids and ailing parents on my wife's side, we would be up and doing something similar. We did retire down to the Canary Islands nearly 10 years ago now for 2 years and then something stupid called Brexit happened and we came home for the uncertainty. But I'm sure at some point will we be off again because everywhere you go these days is getting totalitarian, isn't it? It's ridiculous. So Glynn, I can see you over there. Who else? Bitcoin Meister is in the house. Adam always pounds and retweets the show. And you can all take a leaf leaf out of Adam's book. John G is with us, welcome. Big Mike is back, good to see you Mike. Chelsea Bazz is in the house. Elaine is obviously in the house.

[00:05:00]We've got Dr. Pepper 76, hello, welcome to you. Johnny Midas is with us. Yorkie Bitcoiner Justin's in. Eddie Willers is here. We've got Big GF has joined us.

[00:05:11]Good to see you my friend. Welcome everyone. Please smash that like button if you haven't done so already. And if you're new, consider subscribing. Over 8 years I've been running this channel and beating the drum with pure unadulterated Bitcoin signal only.

[00:05:33]And yet 11 and a half thousand subscribers and maybe 20 to 30 live viewers going live twice a week for 8 years is pretty appalling. I'm sure if I put the word crypto somewhere in my bio, I'd have half a million subscribers by tomorrow morning. Only joking, you know what I mean. So, it's a tough call. We keep going. We try to save any noobs that will listen from going down the crap coin route and losing their families hard-earned savings. Vinnie Rondo's just joined us.

[00:06:05]Good to see you. Yeah, Boomer Brian, love that one, Vinnie. Welcome. Hope you are well. Okay, let's get into the show, shall we? Before somebody starts screaming at me, six or seven minute intro, get on with it already, as somebody did a while back. If that's you and you're back in the chat and you don't like my style, go somewhere else cuz I ain't changing, okay? I like to speak to my audience. I like to get the preliminaries out of the way before we dig into the meat of the show. What you going to do now? Okay, so, let's get started. Desktop, here we come. Okay, first article. This is really frightening, okay? Three out of 10 people in their 50s have no retirement plan. What does that mean? If you are living paycheck to paycheck, you are 90 days away from disaster if you lose an income. Think about as you get older, if you've got nothing behind you, you haven't even got enough money to bury yourself when you die, okay? That's a really, really scary thing and most people bury their head in the sand for maybe certainly until they're in their maybe 40s or even 50s and then they think, "Oh my goodness, what the heck do I do if I get in retirement and I've got nothing to back me up." Most people, including loved ones around us, if something dramatically goes wrong, like as you all heard from last Thursday's show, both my daughters blew their engines up in the space of 24 48 hours, actually, and thank the Lord, someone in that family was holding Bitcoin and could give a bit of a helping hand. We'll just say that. But the point is, when something major goes wrong, most people are absolutely screwed. So, this title, this headline, three out of 10 people in their 50s have no retirement plan. That is 33% ish of people over 50 are going to die broke, which is absolutely frightening.

[00:08:11]I hope you would agree. And that's yet another reason to hold Bitcoin so that you grow an asset over time. As you get older, the asset goes up, not down. So, this morning, I came across an Investopedia article that opened my eyes. Eric Edelman Edelman literally wrote the book on this, The Truth About Crypto, and he makes a point that every investor in their 50s needs to hear.

[00:08:38]We've all been taught the traditional four-pillar strategy: stocks, real estate, bonds, and precious metals. But Edelman or Edelman argues that digital assets represent a fifth asset class.

[00:08:52]I'm going to say asset and call it Bitcoin. And it might be the most powerful one we've ever seen because they do not correlate with the others.

[00:09:01]If you are in that 30% or three out of 10 who you cannot afford to play it safe with meager 5% gains, you need an asset with massive upside potential that can weather global chaos. Enter Bitcoin.

[00:09:18]That is why I've been beating the drum for over eight years about it. Maybe you do want to get stinking filthy rich, or maybe you just want to protect your family's financial future instead of having your money debased in your current local currency. So, you want to consider it if you're new and just finding the channel for the first time.

[00:09:42]Okay, what else?

[00:09:44]Here's a scary one. Bitcoin dropped to 19 cents on Revolut. It says today, this was a couple of days ago. How scary. You look at your app and instead of it being maybe 78,000, it drops to 19 cents and you freak out. Bitcoin briefly sit from 79,000 to just 19 cents today on UK online banking platform Revolut.

[00:10:09]Mercifully, the dip lasted just a few seconds before it returned to its original price. Talk about a heart-stopping moment. Using Google Chrome, Revolut displayed the low between 7:45 and 7:50 GMT+1 as 73 What the heck does that mean?

[00:10:29]73,000. However, the platform's mobile app does Oh, I see. Yeah, it showed it at 73,000. However, the platform's mobile app displayed the Bitcoin drop as low as 19 cents. Wow, wouldn't you freak? There was a flurry of confusion from onlookers on X as they wondered whether or not a flash crash had taken place.

[00:10:51]>> [cough] >> Excuse me. Many received a push notification from Revolut on their lock screens claiming that Bitcoin had reached a 52-week low and that the price was now 2 cents. This would be closer to an all-time low. Talk about freaking out people. Good grief.

[00:11:11]Here's another one. This one is just People are just absolutely losing their minds on Bitcoin Twitter, etc. about Saylor coming out and say we may sell some Bitcoin. But, you know, there's a caveat to that. Go and watch Let me think which one it was now. Was he on Scott Melker at Consensus? He was, but there was one other I saw where he argued the claim. So, let's have a look at this. Will Strategy, the Bitcoin behemoth that has systematically accumulated more than 65 billion worth of Bitcoin over the last 6 years, sell off some of its holdings this year?

[00:11:49]Users on prediction market platform Myriad increasingly believe it will happen. We'll probably sell some Bitcoin to fund the dividend just to inoculate the market. Just to send the message that we did it, Saylor said during the Strategy Q1 earnings call questions and answers. His sentiments were echoed by Strategy president and CEO Phong Le, who said that the firm would sell Bitcoin when it was in the company's and shareholders' best interest. So, from what I gathered from the podcast I watched, apparently it is useful to sell them some, then buy it back so that these, I think the Nasdaq or the others that Strategy are on, they don't get kicked off it because they're just saying we're buying and we're never ever selling. I might have butchered that, but um watch those podcasts I watched.

[00:12:37]Who was the other one? I can't think what it was. But the point is, he said, "So, if I buy one and I buy 10 back, have I sold Bitcoin?" No, is his argument. So, I think the everyone getting upset is because he's always beat the drum about don't sell your Bitcoin. Don't sell your Bitcoin. Um listen, I'm in the middle. For me, I'm just hodling away. My wife and I are hodling away for the future. Saylor can do whatever he pleases. I'm not buying Stretch. I'm not buying MSTR.

[00:13:08]I'm not buying anything. We are long-term Bitcoin buyers and hodlers, and that's all that matters. So, what we do is we tend to tune out that noise, and you should, too. Okay, what else?

[00:13:22]Second Bitcoin ETF issuer predicts Bitcoin hitting 1 million, but cuts timeline to within the next US presidential term.

[00:13:33]Matthew Siegel of VanEck said Bitcoin could reach 1 million by the next US presidential term. That puts a 1,150% increase as a 2031 target inside a market that is still trying to prove it can hold the 80,000 area. I'm going to come out of that for a minute. Still trying to prove it can Right. The mainstream media nutters don't understand the 4-year cycle. They don't understand that even in bull markets, and there's still an argument that we are still in a bull market, an elongated bull market, and the correction we've had is a correction within the overall long-term bull market. Now, I'm not saying we are, I'm not saying we aren't. I'm simply saying this narrative about Oh, can Bitcoin really hold this 80 80K mark?

[00:14:30]Just let it do what it's going to do, people, for goodness' sake, and we will come out the other side, reclaim the all-time high sometime in the future, and then then we'll go on and probably double and treble it. I don't have a crystal ball, but it's coming. You just got to learn to have patience, okay?

[00:14:49]A move to 200,000, another price target being batted around lately, would require Bitcoin to rise roughly 2.5x from that level. A move to 1 million would would require roughly 12.5 times its current value. We've seen Bitcoin do a nearly 20x before. Okay, it was back in 2017, but that was with retail and FOMO. And now we've got monster institutions. They're all running into Bitcoin like a burning fire, whether it's city, whether it's BlackRock, whether it's strategy, whether it's JP Morgan, who said they'd never get involved with it. You've got Vanguard and now holding MicroStrategy stock.

[00:15:33]Vanguard said, "No, we don't want to touch Bitcoin. Our clients are not interested in it." Oh, well, how that changed. All you have to do as a regular player is buy and hold, be patient, get on with and enjoy your life.

[00:15:47]The VanEck cool lands alongside other seven-figure frameworks. Bitwise CIO Matt Hougan laid out a formal $1 million model in March arguing that Bitcoin can reach seven figures by gaining share as the store of value market expands.

[00:16:06]I'll say it once more.

[00:16:08]Be patient, people.

[00:16:10]Patience is a virtue.

[00:16:12]Low time preference, long-term thinking.

[00:16:15]Delay gratification. It is so Thank you, Adam Meister. It is so easy to take some gratification by selling some Bitcoin and then going buying something. I remember Who was it? Was it C Was it um Ah, what is his name? The guy that's got the the Bitcoin mortgage company, CJ K Constantin, I think his name is. Was it him or was it someone else? Said that they bought an apartment in New York, I believe, for Was it 100,000 Bitcoin or 10,000 Bitcoin or something ridiculous?

[00:16:49]And now they realize what an absolutely stupid move stupid move it was. Uh Preston Pysh, who's now retreated away from all this social media to spend more time with his family. Um he once said on a podcast, and I subscribe to this totally. He said, "If you are thinking of selling a Bitcoin or some Bitcoin a half a million dollars, you have absolutely no clue what you own."

[00:17:16]That's how I feel. Absolutely no clue.

[00:17:19]You people will sell at half a million and they'll think, "Golly, didn't I do well?" And then a decade out when it's 10 million, they're going to look back with absolutely regret like the person that bought that apartment did. Um you know, there are it's going to be so many ways to leverage against your Bitcoin securely without touching the capital and let it the upside grow, you won't need to do any of that. It's all starting to evolve even as we speak. So, just be mindful and learn exactly what you own. Okay. Uh very quick shout out to Club Orange. If you're not on it, it's worth a try. Um it's a paid subscription monthly uh because we want to keep rid of scammers and bots. Um we're lifetime members. You've got Nat Brunell on there. Samson Mow is there.

[00:18:06]You've got BCC Sessions.

[00:18:08]Knut's Svanholm is on there. Dr. Saifedean Ammous to name a handful. If you're going to try it out cuz you're brand new and you want to connect with other Bitcoiners across the world, use the link in my show notes and get yourself 5,000 sats once you take out a subscription. All you have to do, use the link, sign up with an email address.

[00:18:28]You can create a random one as long as you can access it. Once you've done that, open up your download and open the app, sign in with your email address, and poof, you'll get 5,000 sats from Club Orange. Worth doing in my opinion.

[00:18:41]Up to you. Okay. Uh saw this one. Uh China's Central Bank bought over eight tons of gold in April. Look at that chart. Uh Larry Lepard says it best and that is China knows something.

[00:18:55]They absolutely do, but uh they're barking up the wrong tree in my opinion by holding gold. They'll do very well, but as Larry Lepard has always maintained, Bitcoin is the fastest horse in the race. And this is a gold fund manager, by the way, saying that uh Bitcoin is the fastest horse. So, don't listen to me if you're new. Go and search out Lawrence Lepard and people like that. And, you know, Matt Hogan of um Bitwise and um Matthew Siegel of VanEck. Go and find these people. These are very clever people, way cleverer than me, and they're all saying the same thing.

[00:19:38]Save Bitcoin for the long term, says Bitcoin news, which is the mantra that I've been beating for nine eight over eight years. Look how Bitcoin has outperformed gold, the S&P 500, and the Nasdaq if you hold it for long enough.

[00:19:55]I've always maintained hold your Bitcoin for a decade if you can. More if at all possible. Forever if you can leverage against it and live a life without touching the principal. That would be my advice. But, certainly, don't ever get into Bitcoin if you want to put some money in this month and get rich in 3 months. You're barking up the wrong tree. This is a new money for the world evolving. It is going to take decades and decades for this thing to play out.

[00:20:27]And, if you believe in leaving a legacy for your loved ones, like we do, then you should be finding ways to leverage against your Bitcoin and never sell your Bitcoin. That's not financial advice.

[00:20:41]That's just what we are doing. Okay, here's another one. Michael Saylor says, "If Strategy sells Bitcoin, they will buy multiples more Bitcoin than they sold. If even if we were to sell one Bitcoin, we'd be buying 10 to 20 more.

[00:20:57]So, I don't see that as Strategy selling. I see that as them consolidating their op their operational business because of all the red tape and all the companies that expect them to do this and expect them expect them to do that or they'll kick them out of whatever these indices are and I'm not clever enough to to quote them. But, you know, it is what it is. Doesn't bother me one iota. Here's another one. Tom Lee. Yeah, slay your slay your your heroes, I will say. Tom Lee says the S&P 500 may face a 2026 reckoning as the new Fed chair is tested and oil shortages emerge before seeing one of the biggest rallies of our lifetime in 2027. So, if there was a huge correction in the S&P 500, Bitcoin will tumble with it.

[00:21:51]That's why you always need to be prepared for any eventuality, as I keep saying on this show. And if there is a flash crash down, you need to be prepared to either buy to make sure that you've got enough collateral if you're if you've got Bitcoin loans. That is absolutely crucial because, you know, I know the S&P just keeps going up and up and up and up and everyone says it's going to crash and then everything goes on a tear again. But, we might hit a critical point where there is maybe a 20 or 30% crash in the S&P. I don't know. I haven't got a magic wand. I'm just following all the American podcasts that I follow and learning this stuff as a Brit. Simple as that. You know, I haven't got a clue. I'm just stacking our Bitcoin and getting on with and enjoying our life and you should be doing the same. The point is, if Tom Lee is right, everything would go down including Bitcoin, but Bitcoin always recovers first and fastest. So, what you don't want to do is go and get liquidated. Okay, what else?

[00:22:54]Billionaire Jack Dorsey's Block just launched a new Bitcoin wallet. He is making self-custody affordable for millions, says Pete Rizzo. Okay, this is just another domino falling. This is just another in the adoption curve going forward. That's all it is. And this is happening everywhere, whether it's spin people spinning up miners, whether it's Jack Dorsey doing what he's doing, whether it's miners finding, you know, um um dams and and stranded electricity and landfill sites and mining Bitcoin with them, whatever it is, this is the adoption curve going on.

[00:23:37]Don't you don't think that when the motor car came out, do you, that Henry Ford said, "Here's the motor car and all the horses and carts went away next week." No.

[00:23:48]They pushed back. They don't want dirty filthy motor cars. Why do they need them? Nothing wrong with a horse and cart. It took decades for the transition to take place. And with what Jack Dorsey is doing here, this is just one element of that multi-decade transition taking place. And during that transition, Bitcoin is still going to have all of its volatility. Okay. And this one, I put this one late last night from the Bitcoin Therapist. "240,000 by 2028 would be a 4x return." This was retweeting something from Quentin. He says, "Dad, why are we so rich?"

[00:24:33]"Because I acted on the most obvious trade of my life." And you know what? I couldn't agree more. There is absolutely no reason we can't hit a quarter of a million with maybe a 4x. In fact, a 4x from here would be over $320,000 from here. Will it happen? None of us have got that crystal ball. None of us can say whether it will or it won't because none of us can predict the future.

[00:25:01]All we can do is plan for it. All we can do is prepare for it and own the hardest asset, you know, the most powerful asset that can't be corrupted, can't be confiscated if you've got your set up correctly. You can take it anywhere in the world with you. That's all we're doing. We're stacking that and hoping that we've got it right and everything plays out as many of us Bitcoiners, including me, passionately believe it is going to play out and that is Bitcoin is going to eat into every bit of the fabric of society globally over the coming decades. Not tomorrow when you want to go off and get your Lambo. It's not happening. You've got to be prepared to do what we've done. We've been holding now for nine years on May the 23rd. Nine years.

[00:25:54]Okay?

[00:25:55]We're not even at one decade yet.

[00:25:57]And our early investments have returned us I don't know. I want I want to say close to 30 X our initial investment. So, maybe you're buying at 80,000 now.

[00:26:10]What if you wait a decade and that 30 X's again? Now, they're talking of a decade out Bitcoin being between 1 and 5 million. I don't know. Punch it into a calculator.

[00:26:21]I don't know. 81,500 times whatever and see what price you get if you push out a decade and I'll bet you you can get the same or similar returns as we've got. People say keep saying, "Oh, well, it's all right for you. You got in 2017." You can do the same thing now.

[00:26:41]Okay. So, the the upside may be dampening over time, but you remember if you're only four X'ing and we 28 X'd our two grand Bitcoins, okay? You got to keep this in mind. The 4X is on a much bigger number, people.

[00:27:00]Okay? So, if you're measuring it in dollars or pounds or yen or whatever, you know, you can still create wealth for your family.

[00:27:10]But, you got to start now, and you got to stack like your life depends on it.

[00:27:14]Okay. Right. I found this quote. This was an old quote from many, many years ago, and it was referring to my other business, but I love it. So, I thought I'd read it again. So, this guy or this woman saying to the other, "You were open-minded to finding a job you hate and getting into debt, but closed-minded to taking a look at a solution. So, how's that working out for you?" In other words, people around you will tell you how sick and tired they are of being broke, how sick and tired of they are of electricity going up, food going up, fuel, diesel, gas, petrol going up, everything going up, and they've got no money, and yet they won't look at a solution. They won't even give you a hearing on a potential to turn that around, and I find that so blooming frustrating, I really do. But, you know what? Adam Moist has always said it, I've always said it, there's the 80%ers, and then there's the 20%ers. In fact, for me, as far as Bitcoin concerned, I believe it's 95%ers and 5%ers.

[00:28:18]So, if you're on this call and you're buying Bitcoin, you're huddling Bitcoin, and you believe in Bitcoin, I'm lumping you in that 5%. So, give yourself a pat on the back, because that's how flipping early we are. And as we go forward over time, people will be transacting in Bitcoin in some way, shape, or form, and they won't even know that behind the scenes there their their money's moving in Bitcoin, but it's definitely, definitely coming, I promise you. Okay, um if you want to support this channel and I don't expect it. Some people want to. There's three sets wallet addresses that are all live currently right now.

[00:28:57]If you feel like donation to the cause, but again, like I've said, I certainly don't expect it. But, that is another show done. I've seen a few Jason Jones is in. Sea Frost Flooring is in the house. Welcome to you. Did I see Bram VDB or did I not? I thought I did, but maybe I didn't. If you are in there Bram, good to see you, but I don't remember. Look people, that's another show done. And for those that came in late, yeah, I beat my head on the shed door today when I was messing around outside and it blooming hurts. So, before you say anything. Look, I'll be back again on Thursday with another live show, 6:00 p.m. London. Please retweet this if you can. Please share it on Nostr. Don't just like it. Please pick it up and share it. Pastor Phil always does that. He always says, "30 minutes worth of your time if you want bullish Bitcoin content." Please do that. It helps the show to stay current on YouTube longer, so more people searching for Bitcoin can find this show instead of a show show pumping some crap coin like Ethereum or Doge or something of that nature. So, please retweet where you can. For those listening on the podcast, thank you. Really appreciate all of you. I'll be back on Thursday, 6:00 p.m. London. Do go into the show when the stream has ended. Refresh your browser and leave a comment. It helps.

[00:30:20]But apart from that, have a great week whatever you're doing everyone. I'll leave you as I always do with Chelsea Bazzi's song about broken money. I'm out of here. I'll catch you all on Thursday, 6:00 p.m. Whatever you do, make a note in your diary, come and join us in. See you.

[00:30:35]Money money money doesn't work anymore.

[00:30:43]Friends and the money doesn't work >> [music] >> anymore.

[00:30:50]Money, money, money.