
π¬π§ BITCOIN | The numbers are shocking and truly scary! (Ep 800) π
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#bitcoin (12-03-2026)
There are are many reasons to own Bitcoin, but these scary figures is one huge reason to own it!
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The UKBitcoinMaster Podcast Series β π¬π§ BITCOIN | The numbers are shocking and truly scary! (Ep 800) π. Machine-transcribed; use the interactive transcript above to jump the player to any line.
And here we are people. We are at show number 800. Can't believe it. Flip in, heck. Welcome everyone. Good morning, good afternoon. Good evening, wherever you are coming in from. I'm Brian, the UK Bitcoin Master. I am the Bitcoin Boomer. And this is the bullish Bitcoin show. Welcome. Today is Thursday, the 12th of March, 2026. And as always, the ethos of this show is either have a strong Bitcoin hand or I'll help you build a strong Bitcoin hand. That's the name of the game. Very quickly, if you are finding this channel for the first time, do your own research. Please don't come here looking for financial advice, charts, TA, price predictions, because you're simply not going to find it. I am just a guy on the internet that chooses or chose eight years ago, almost to go live twice a week and talk about Bitcoin. I'm not an expert by any stretch
of the imagination, but I bet I know a lot about Bitcoin more than most out there in the big wide world. That's for sure. I would encourage you all to follow me somewhere else. Reason being this channel has gone down once. It could go down again. If you are following me that I've got a backup YouTube channel, you can search it. It's called UK Bitcoiner. It is dormant. You don't get notified unless this one goes down again. Of course, you can also follow me on rumble. This is going out live on rumble as we speak. You can find that at UK Bitcoin Master 1. That's the number one at the end over on rumble. More and more of you are starting to follow me on rumble, so that's really great. Show sponsor by the book Accountancy. This is Robin Fascher there, owner found a CEO. He's been a guest a couple of times on my show. He's a solid Bitcoiner, and he helps Bitcoiners and Crypto Bros in the UK sort out their taxes. If you're in doubt,
you can search him at Crypto Tax Help. If you're concerned about these new reporting rules that kicked off in January, then there you go. He does 30 minute free consultations with anybody that wants it. Tell him I sent you, if you do go over there, please, that really does help him to know that my show is promoting his business and people are going there. Okay, so welcome in everybody. I want to see who we've got in the chat. Seems very quiet today. I don't know what's going on. We are holding solid at 70k and yet the chat's dead. I don't know where everybody is. I think the so-called hardened Bitcoiners are maybe not so, so-called hardened as they make out, but it is what it is. We've got Chelsea Baz is in the house. We've got Bitcoin Master. Thank you, Adam. Elaine Mrs. UK is with us. Big GF. Good to see you, Yorkie Bitcoiners. What did you say evening or on this momentous day for the one? Yeah, thank you, Yorkie. You're in that suitster. Dr.
Pepper 76 is in the house. We've got Heston or Heaton Fan. Sorry, that's small text over the Heaton Fan. Welcome to you. I can see Vinny Rondo is over in the chat on Rumble, as well, along with my lovely wife Elaine, who is supporting the show. Mr. 60s just joined us on YouTube. But I can't keep giving people shout out as they join, but if I do catch them out of the corner of me, I of course, I'll give you a shout out. Please retweet this, share it where you're watching or listening. Yeah, let's get on with the show. Right, moving over to the desktop. Okay, the first thing I've got to say is this. Oh, technology's just let me down how about that. 800 livestreams. I cannot believe or I couldn't believe when I started this channel on April the 18th. I want to say 2018 that I would ever get to 800 live streams. I believe there's around nearly 900 actual videos,
but in terms of live streaming, this is number 800. And I'm absolutely shocked. I got there, but I have can't believe I'm still here. Will I get to 900 or a thousand? I guess that remains to be seen, but I guess this gives me the opportunity to really thank every one of you that's been a loyal supporter along this long journey. And it is long unless you're prepared to put the word crypto in your bio, you're going to struggle to get any attractions. And even now, eight years on, and 800 live streams later, the shows averaging one to 300 views. It's like, what the hell is going on? You put the word crypto in your bio and you know, you go through 50,000, 100,000 followers, but I'm not prepared to do that. This is a pure Bitcoin only podcast. And I'm not putting anything to do with crypto in my bio. Good to see you, Adam. Oscar the cat has just joined us. Good,
holding strong. That's what I like to see. So 800 live streams, of course, we're back on Monday with 801. And on we march, whether we get to 900, whether we reach a thousand, still doing this, who knows, haven't got a clue. All I know is I can't believe eight years have gone since I started streaming in nine years since I got into Bitcoin, come May, which is absolutely crazy. It really is. Okay, that said, thank you to all your support. If you're watching this on catch up, I mean, that to you as well. Thank you really appreciate it. But I've got a show to get through. So let's get on with it. Okay, so here we go over to the desktop. This is getting really scary. If you're not paying attention to this, the jobs that are going to be taken by AI is just monumental. It really is. And what you need to do is research and look into whether your job could be taken by AI. They're
saying these days that, you know, become a plumber or an electrician or something of that nature where AI can't yet displace you. But if you're secretarial, working behind a computer screen, or you're a factory worker, or you're an accountant, or anything, this is getting really, really scary. And yet another reason to buy, hold and store Bitcoin. So here's one headline, Oracle plans thousands of job cuts as data center costs rise Bloomberg news reports. Okay, enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort. Bloomberg news reported on Thursday. The layoffs impact divisions across Oracle and may be implemented as soon as this month. Think of those people crapping their pants now are Oracle that have got maybe a car payment. Maybe you've got a mortgage payment bills to pay. The Bloomberg reports said citing people familiar with the matter. Some cuts
will be aimed at job categories that the company expects will shrink due to AI. Now it is not only Oracle. We know that Jack Dawes' block laid off 4,000 employees in one here a few weeks ago. 4,000 jobs gone because they know they can replace that with AI. And it's all right saying, oh, it's unfair. Why are they doing that? But if they don't, they as in any company, they will just fall behind in the marketplace and become totally obsolete as a company. So they've got no choice. And I am sort of deep down the AI rabbit hole at the moment. I'm trying to learn about it. I'm trying to spin up an AI agent on a little raspberry pie that I've got proving really, really difficult things going wrong. I don't know how to code. But I am at least trying to understand AI to improve how I put my YouTube videos together, etc. So you've got to at least start to learn
about it people. Here's another worrying headline. And I've covered France before. French scammers steal one million dollars in Bitcoin from a married couple. A married couple in France became victims of a violent robbery after criminals broke into their home and forced them to transfer a large amount of Bitcoin. In total, the attackers obtained more than 900,000 euros or roughly one million dollars. The incident took place in the morning in the commune of Les Chersnais, Oh, Coroch, when caught in the Eves-Lines department. Whatever that is, I've probably butchered that. West of Paris, three men reportedly posed as police officers to gain access to the couple's home. According to media reports, they threatened the husband with a knife and forced him to transfer a cryptocurrency to their wallets. After the transfer was completed, the attackers tied up the man injured both homeowners and fled the scene in a white van. I keep saying this.
I'm a public figure in terms of I've got a YouTube channel, but I'm doing everything I can to protect my privacy and our security. And you might not have a YouTube channel, but you've got to be mindful if you've got any social media platform that you've had for years. If you're not going to get rid of it as I've done with things like Facebook, LinkedIn, Instagram, etc. They don't exist anymore. You've got to go in and at least clean them up and remove anything that links to you, your family, your home address. You've got to at least try people because if you don't, maybe it will never happen to you what I've just outlined, but what if it did? Okay, we've got an era streaming saying there just isn't enough bandwidth. We've got storms here, 30 minutes before the show, all the electricity went off. So I'm hoping that's going to come back in a minute, but if it's juttering, there is nothing I can do
about it. We've got really bad severe gale force winds at the moment, blowing the trees like mad. So it may go down. So I'm praying it doesn't and I'm hoping I get through the stream. Okay, so moving on again, just be mindful of this people. Bitcoin heist to pay day, South Korean prosecutors turn fished coins into cash. Idiots is all I can say. The Guangzhou district prosecutors offices announced on March the 10th that it had sold all 320.8 Bitcoins at market price, repatriating $31.5 billion one to the national treasury. The Bitcoins were originally seen from Ms A, the daughter of operators of W390 billion illegal gambling ring, despite being lost later during the process of transferring the seas Bitcoin to the national treasury. 800 sorry, I'm checking to see if anybody is saying it's going a bit loopy because I've got
really, really, really poor stream here due to these high winds. So I'm praying that everything works all right, but see for us flooring. Welcome. Yeah, it is 800. Absolutely. And finally on this one, they were then recovered on February the 18th when the Bitcoins returned to an existing wallet where the prosecutors controlled the keys and without their knowledge as reported by Korean outlet digital asset. So what have I got to say about this? This is going to be another Germany. They will rule that decision to do that. And because they've done no proof of work, they're probably thinking the price is cut in half. It's going to go down even more. Let's get out while we can, whereas if they've done the proof of work, they'd know that all they've got to do is hold on, build that strong Bitcoin hand, Bitcoin will recover, and then it will go on another tear, and they will look back and go, oopsie, that was a bit of a big mistake there. Who Mr. Clarkie Hoddle is there? I can see you in rumble. Good to see you, Mr. Clarkie.
Just checking. I haven't missed anybody in the YouTube chat. No, we're okay. We're good to go. Okay, so moving on. Here's another one. Vivek Ramaswar is strive. You remember him? He was running and he was at the Bitcoin conference a few years back supporting Trump. No, he was running in his own right for president, if you remember. Then he got behind Trump. So Vivek Ramaswar is strive, overtakes Tesla in Bitcoin holdings following their new purchase. Vivek's backed strive has moved ahead of Elon Musk's Tesla in Bitcoin holdings after adding 179 Bitcoin to its treasury. According to a Wednesday announcement, strive now holds roughly 13,311 Bitcoin valued at nearly a billion that's 940 million. Tesla by comparison has kept its holding steady at 11509 since late 2024. The new total makes strive the 11th largest corporate Bitcoin holder
just behind CleanSpark which recently offloaded 150 Bitcoin. But then you look at what they are holding and you compare that to strategy. I mean, talk about strategy being out there in the stratus fear. Absolutely crazy. It really is. Moving on, here's a great one. Why Bitcoin is on a path to 1 million per coin? Bitwise. Bitwise, CIO, Matt Hogan thinks Bitcoin can get to a price of 1 million as the broader store of value market cap grows. Quote, the basic math for estimating its value is straightforward. Estimate the size of the store of value market. Estimate Bitcoin share of that market and divide by 21 million Hogan wrote. That gives you an implied price. I don't think what he's factored in here is it might say divide it by 21 million. But if three or four million are lost, you know, keys gone, hard drives in landfills, you're going to divide that by 21 million. But
we met by 17 million. And it's currently at it currently stands as a typo. As it currently stands, the top crypto asset makes up less than 4% of a nearly 40 trillion store of value market cap. Therefore, at its current mark, Bitcoin would need to capture around half of the entire market, which is 14x from its current standing to be priced at 1 million per coin. But then you look at all the money in the world, you know, store of value assets, pictures, you know, cars, property market, equities, you know, we're literally, you know, not even 1% to eating into, I think 900 trillion is now turned into 1 quadrillion. That's the marketplace that Bitcoin is starting to eat into. So for me, we're going way higher than the 1 million. I just don't know when and neither do you. And that is why I say you buy, you hold, you build a strong hand, you learn about
the asset you own and you don't let anyone or anything fudge you out of your Bitcoin. Quick shout out if I may to club orange, a Bitcoiners app and app for Bitcoiners. Many of the top Bitcoiners around the world are on this app. You can see a couple there, Nat Brunel. I can see Samson Mow down there. I believe Danny knows is on there and also tone vase, I can see. Well, we're off checking it out. People use the link in the show notes if you want to get 5,000 sats. But you've got to take a subscription, but you can even just do a one month trial to see what you think of it for a cup of coffee. Those 5,000 sats may only be worth three or four dollars at the moment, but move out 5, 10, 15, 20, 30 years, they're going to have some significant value. Okay, back to the show. Some great tweets. Here's one from radar. Worrying, breaking, Iran just published a hit list, naming Google, Amazon, Microsoft, Nvidia, IBM, Oracle and Palantir offices across Israel,
Dubai and Abu Dhabi as legitimate targets. This is from CNN. This is really scary stuff. And yet with everything going on, Bitcoin's holding really steady in my opinion, 70,000 doing really well. Coin Bureau. That's funny enough. Bitcoin remains resilient amid geopolitical conflict. Crypto asset trading firm QCP says Bitcoin has remained resilient following the recent geopolitical shock. Bitcoin rebounds around 70k as long-term holders accumulated heavily in the 60 to 70k range. And you know what? The clock is ticking and we recently pushed through 20 million coins mind. 20 million Bitcoin have now been mined. The supply capsutoshi wrote into the protocol is now 95% issued. I want you to think about that. Does he say this? Yeah, let it sink in. No, one million
remain, but nobody alive today will see the last one mine. Just let this sink in for a moment. There's only 5% more to be mined over the next 120-ish years. Most of it is out there. Have you got your share of it yet? And if you haven't, I suggest you get some. But that is not financial advice. Fun fact, El Salvador's National Library runs a Bitcoin node. Don't you just love it? Absolutely brilliant. So they're doing the right thing. If you're watching this and you're stacking Bitcoin, you've got to run a node people. You can spin them up for a few hundred pounds or dollars using a Raspberry Pi with a minimum four gigabyte. You can buy an Umbrella node, 500 quid dollars, whatever it might be. Yeah, it's a lot of money, but you're supporting the Bitcoin network. You're keeping it decentralized. You're verifying your own transactions. You're verifying everything
that's happening on the blockchain. And it sits in the corner and perns away and you forget it's even there. You should be running a node. Just my opinion. Okay, just in 500 billion MasterCard launches a Bitcoin and crypto partner program with 80 plus companies as it builds a network to rival visa. Massive move for crypto adoption. We said this would happen. MasterCard and visa would ignore it. They will laugh at it. They will scoff at it. Then one will get in. Then the other will get in and say they're not beating me. No, they're not beating me. And then you've got an arms race for Bitcoin on. And it's starting to happen, people. You can see the dominoes are falling and that's why no matter what's going on with the price, I am holding firm. Here's another one. Billy and air Grant Cardone went on a rampage against gold. Try to sell 10 million worth of gold. In fact, if you watch it is on X, it was silver. I don't know how he got this wrong, but it was silver.
You'll only get 70% of the market price. Bitcoin is the real thing. You can trade millions in minutes. It's not only money, it's technology. And he's so true. You can move a billion dollars of Bitcoin for under a dollar if you time it right. If you look at the mempool for under a dollar, maybe a few dollars to move a billion. You cannot move a billion of any type of bullion without armored cars, massive logistics program. Honestly, he's dead right there. And then this one, this is a biggie from Swan Bitcoin. Bitcoin has held up better than I would have expected, said Luke Grohmann. After calling for lower prices in December, Grohmann is updating his view on Bitcoin since the Iran conflict began. He expected more damage. Instead, Bitcoin got bid in a major geopolitical stress event. And that says a lot coming from
Luke Grohmann. Because if you remember, he sold all of his Bitcoin, you know, with the fear that it was going to majorly crash. Glenn, good to see you. Sam Wright, welcome. Good to see you all. Show number 800 pound the like button. Tweet out. Okay. So what am I trying to say? Lost me trying to thought there. When Luke Grohmann says something like that, you know, it's just an analyst that I really do listen to. His feet are on the ground. He knows his stuff. And yeah, I'm not saying it's not going to go down anymore. But, you know, maybe we have bottomed. Maybe there may be a flash down another five or ten K. But I can't see it going any lower than that. You know, there's a buyer's market at 60 K. And it's holding solidly at 70 K. So, I don't know, great time to turn on DCAs. Great time to buy the dip. Because ultimately there's a lot of analysts saying that we won't stay here very long in the recovery. Recovery will be a lot quicker because the flash down was quick. Now they don't know what the future holds. Of course,
but they're saying, you know, we went down into the bear market fast. We could rebound back out of the fan the bear market just as quickly. And you do not want to be out of the market if that were to happen. I promise you. Okay. I found this great quote from Slice Stallone. Life's not about how hard of a hit you can give. It's about how many you can take and still keep moving forward. That's taken from the film Rocky Balboa. I believe one of the later Rocky films. Love them or hate them. I'm an incredible Rocky fan. I really am. If I start watching Rocky, I have to watch Rocky. Then I've got to go through two, three, four, five Rocky Balboa. I've got to do the whole lot because they just pull me in. But again, from Rocky Balboa, we'll do it again. Life's not about how hard of a hit you can give. It's about how many you can take and still keep moving forward. So the hits in this case are Bitcoin downtrends. Bitcoin market flash red candles
because of some kind of event. I remember Adam Meister. I don't know if you're still with us, Adam, but Adam Meister, when the flash crafts happened with that fake flu that happened. I remember him diving straight in and buying two Bitcoins, I believe. I believe just over $3,000 per coin. And of course, that is a classic case of running into a burning building when the masses are running for the X's. That's what you do if you have a true belief in Bitcoin. Okay. If you want to support the show, you can drop some stats. You don't have to. I certainly don't expect it. But people do want to support the show because I haven't turned on superchats. Why? Because I haven't monetized the show. So simple as that. I'm not running the show for financial gain. Some people do want to support it. I only accept stats. You've just seen no stats addresses. I'll put them up just once more. They all work. They're all live. So if you want to donate, there you go, especially on 800
shows. Again, don't have to. People, that is it. We're done. I've got through this without the storm is blowing out the electricity. So dead chuffed about that. So 800 shows. I will be back on Monday with show number eight live stream number 801. So come join me. If you're new, consider subscribing, hitting the bell button and clicking all. You'll be notified 30 minutes before I go live, which is every Monday and every Thursday at 8 p.m. UK, sorry, 6 p.m. UK time. So maybe consider becoming a loyal subscriber because you'll only get pure Bitcoin signal here. Please go into the show after the streams aired. Refresh your browser and leave a comment. It really does help the algo. Apart from that, I wish you all a great weekend. Whatever you are doing, stack stats while are on sale. 6 p.m. UK time London. Come and join me. Chelsea Bass is great song about. The money being broken is the outro. And it has been for the last around year because I think it's so fitting
of what we talk about on the show. So I'll leave you with Bass's song. That's it. Catch you all on Monday. I'll have a great weekend. I'm out here. Ta-da.
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