2378: $100T Bitcoin Opportunity - Nobody Wants It

**Justin Verrengia** (0:00)
Don't buy Bitcoin, seriously. Wait until it goes to fucking zero, then buy it. You catch my drift? Nobody wants Bitcoin, not after the sell-off, not after the panic, not after the headlines, not after the liquidations. This is usually the part where people start doubting everything. The strange part, the opportunity, doesn't disappear when nobody wants it. That's when the $100 trillion case gets built. Most people think opportunities appear when the charts look good, when the headlines turn positive, when everyone agrees. But by then, the opportunity is usually gone. That's why the biggest gains rarely happen when confidence is high. They happen when conviction is low. And right now, you can say conviction is low. Fear is literally everywhere. The headlines are screaming danger. The market is shaking out the weak hands. The tourists are leaving. Speculators are quitting, and yet some of the people closest to Bitcoin are becoming more bullish, not less. This week, Senator Lummis confirmed that the final draft of the Bitcoin Clarity Act is coming soon. The regulatory framework continues moving forward. The infrastructure continues improving. The foundation continues getting stronger. And at the same time, Adam Back warned that the AI bubble will eventually send billions of dollars back into Bitcoin. His argument? Simple. Capital chases returns. And when one trade becomes overcrowded, money starts looking for the next opportunity. That's how markets work. The crowd notices later. But the biggest gains often belong to the people who position themselves before the crowd arrives. That's why Bitcoin has always felt uncomfortable at the most important moments. Nobody wanted Bitcoin at $200.
Nobody wanted it at $3,000. And nobody wanted it after the 2018 collapse. Nobody wanted Bitcoin after the 2020 Novid panic. And nobody wanted Bitcoin during countless corrections that felt like the end of the story.
Until they did. Then everyone wanted it. That's how cycles work, disbelief, doubt, fear, acceptance, excitement, euphoria. The crowd usually arrives near the end, not the beginning. That's why the current environment is so interesting. The headlines look bearish. The sentiment looks bearish. The price action even looks bearish. But beneath the surface, the long-term thesis continues advancing. The laws are improving. The infrastructure is expanding. The institutional framework is developing. And the strongest holders continue accumulating. That's not what the beginning of failure looks like. That's what the foundation of adoption looks like. Which brings us back to this opportunity, because opportunities don't appear when everyone agrees. They appear when almost nobody does. When the headlines look the worst, when the confidence is at the lowest, and when people start asking, is it all over? That's usually when the next chapter is quietly being built. And maybe that's the signal, not the price, not the headlines, not the liquidations. The fact that almost nobody wants Bitcoin, because if everyone already wanted it, there wouldn't be a hundred trillion dollar opportunity left. The opportunity exists because the doubt exists. The opportunity exists because the fear exists. The opportunity exists because most people still think they have plenty of time. But what if they don't? What if the biggest mistake is in buying Bitcoin when nobody wants it? What if the biggest mistake is waiting until everyone else does? Because by then, the panic, gone. The fear, gone. The doubt, gone. And so is the opportunity. Let's see if the facts agree. Take a look at this. Just then, $12.6 trillion Charles Schwab officially rolls out Bitcoin trading. It has begun. Game on. Also, $14 trillion BlackRock now recommends 1% to 2% portfolio allocation into Bitcoin. Quoting them here, A modest allocation could potentially have an impact on portfolio returns without dominating day-to-day risk. So yeah, even though BlackRock has been dumping because their shareholders are selling their Bitcoin ETF, the other side of that coin is they just launched brand new Bitcoin products, including a new Bitcoin income ETF. So they're expanding. Also, they're promoting the Bitcoin ETF on their website. And now they're recommending 1% to 2% allocation into Bitcoin. That my friend is bullish, especially coming from the world's largest asset manager.
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