says<\/a> he thinks the US government will start printing money to pay its record-high $34.577 trillion debt obligations.<\/p>\nBecause the money printing will debase the currency, he says, investors will start piling into Bitcoin as a safe store of value, sending its price soaring to as high as $1 million by the end of November 2025.<\/p>\n
\u201cI don\u2019t think Trump or Biden or RFK is going to get up and say, \u2018I\u2019m going to take away your healthcare. I\u2019m going to inflate everything around you. I\u2019m going to crash everything you know. All your bank deposits are gone. We\u2019re going to go through the Great Depression because it\u2019s in the best interest of America.\u2019 That\u2019s not what politicians do. I think politicians are going to say, \u2018Here\u2019s a bunch of free shit and this is why you should elect me.\u2019 And they\u2019re going to have to fill the hole of this deficit\u2026 <\/em><\/p>\nI\u2019m quoted saying $250,000 to $1 million [for a Bitcoin cycle top prediction]. That\u2019s my range, and the range is wide. But you\u2019re asking me to price something in a piece of paper that politicians, who don\u2019t even know how the system works, are actively debasing. So, I think it trivially gets to $250,000. I think $1 million is possible within the next 18 months for that reason.\u201d<\/em><\/p>\nBitcoin is trading for $68,405 at time of writing, up nearly 2% in the last 24 hours.<\/p>\n