Ben SimpsonNavigating the world of crypto with confidence & expertise | Founder & CEO of Collective Shift

Bitcoin explained. #bitcoin #crypto #investing #money

Name: Bitcoin explained. #bitcoin #crypto #investing #money
Uploaded: 2025-09-22T03:20:11+00:00
Duration: 1 min 43 s
Channel: Ben Simpson
Description: A ~60-second spoken YouTube explainer by Ben Simpson arguing that Bitcoin is a scarce, decentralized asset (“digital gold”) that protects holders from…

22 Sept 2025 · 2 min

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1:43

A ~60-second spoken YouTube explainer by Ben Simpson arguing that Bitcoin is a scarce, decentralized asset (“digital gold”) that protects holders from inflation caused by fiat money printing. The speaker claims Bitcoin has a hard cap of 21 million coins, estimates ~1 million coins remain to be issued, predicts a long-term price target of $1M per BTC, and endorses owning Bitcoin as a hedge versus government-driven currency debasement.

Questions this video answers

21 million bitcoin

Approximately 1 million bitcoin

About $1,000,000 per bitcoin

Nine years ago

Chapters

Do you even know what Bitcoin is? I want to explain it to you in 60 seconds because it is the asset that I've gone all in on nine years ago that I fell in love with because I realized that you are getting screwed. How are you getting screwed? It's called inflation. How does inflation work? The government's print money, that dollar note you have in your pocket, the $10 note you go to the bank, it is not backed by anything anymore. Used to be backed by gold. Now money is not backed by anything. It is just paper and a trust system that the governments want you to believe, but in fact it's worthless. This is why and what Bitcoin solves, it's why gold is so valuable. Because it's a limited asset. Bitcoin is limited asset. Bitcoin is the digital gold. In my opinion, gold is about a 10x bigger market cap than Bitcoin right now. And I believe bitcoin will take it over, which will get to about $1 million per bitcoin because of the properties about to explain. First of all, it is decentralized, meaning that everyone that uses Bitcoin has a copy of the blockchain. You cannot turn it off. No one owns it. Everyone owns it. It's trusting software, not people. And that is a big thing to understand. Decentralization is limited supply. 21 million bitcoin will only ever be created. Right now there's only 1 million ish bitcoin left. It is limited supply that's hard coded in the blockchain, never to be changed. That is a really big important point. It is a hedge against inflation, meaning all that cash you have, countries and institutions and governments are buying bitcoin. China is buying bitcoin. The US government owns bitcoin. Are you smarter than China and the US government? I'm not. I don't think you are either. They understand it all right. They are buying a huge amount of Bitcoin because they understand that these properties are so important and that their cash is getting devalued and eroded away. There's also the largest and oldest blockchain in cryptocurrency. There's millions and millions and millions of coins. Bitcoin is the og. It is the coin that you need to think about owning. And here is where we're at. There's only 1 million bitcoin left. If you don't own it, I'm going to buy it.