What happens when we reach $1M BTC? Get the Best Bitcoin Watches ever: - Here: https://www.coinvigilante.com/?ref=robinseyr Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Guest's contact: https://x.com/CedYoungelman !!! Disclaimer: This content is for educational and/or entertainment purposes only. The views expressed by Robin Seyr and guests are their own and do not reflect any responsibility or liability on our part. Neither the Title, Thumbnail, describtion or the Video itself represents financial advice. Purely for Entertainment and/or Education purposes. Summary In this conversation, Robin Seyr and Cedric Youngelman discuss the recent milestone of Bitcoin breaking the 100K mark, exploring its psychological significance and implications for both retail and institutional investors. They delve into the concept of unit bias, the potential for Bitcoin to replace fiat currencies, and the evolving landscape of altcoins. The discussion also touches on the impact of Bitcoin on personal values and life decisions, the politicization of Bitcoin, and the future coexistence of CBDCs and Bitcoin. Takeaways Bitcoin breaking 100K is a significant psychological milestone. Unit bias affects how people perceive Bitcoin's value. Retail interest in Bitcoin is lower compared to previous cycles. The separation of money from state is seen as inevitable. Altcoins are less prominent in the current market cycle. Using Bitcoin as a unit of account can enhance economic decision-making. Bitcoin's impact on life extends beyond finance to personal values. The politicization of Bitcoin is a growing concern among enthusiasts. CBDCs may coexist with Bitcoin until fiat currencies diminish. The importance of self-custody in the Bitcoin ecosystem is emphasized. Chapters 00:00 Bitcoin Breaks 100K: A Milestone 05:55 Understanding Price vs. Value in Bitcoin 11:44 Unit Bias and the Future of Bitcoin Pricing 17:57 Retail vs. Institutional Investment in Bitcoin 19:48 The Inevitable Separation of Money and State 23:56 The Role of Altcoins in Today's Market 24:25 The Bitcoin Refinery: MicroStrategy's Unique Approach 31:15 Bitcoin as a Risk-Free Asset: A New Perspective 33:37 The Personal Impact of Bitcoin: Transformation and Time 37:24 Bitcoin's Political Landscape: A Year of Change 44:43 The Matrix of Bitcoin: Viewing Life Through a New Lens 56:58 CBDCs and Bitcoin: Coexistence or Competition?