On Monday, September 23, 2024, the Mining Disrupt News Surge opened with Bitcoin out of the upper 50s for what the host believed was the first time in a while. On the show, the price was $63,750, which meant a dollar bought 1,581 sats. The average block time was coming in at 10 minutes and 37 seconds, a little slower than he would like to see, while on-chain fees were still low.
The host was clear that the weekly news surges are for entertainment and education only, and told viewers to get financial advice from a trained professional. That context set the stage for a broader argument about Bitcoin's long-term trajectory.
A Vocal Advocacy for Long-Term Exposure
His summary of the week was blunt. Whether Bitcoin would hit 100,000 by the end of 2024, or what it would do after the elections, he said he didn't know. Speaking long term, though, he did not think much else was even worth looking at as a long-term investment.
you simply cannot be bullish enough
host · 0:39
He then blazed through the week's news. Bhutan held over 13,000 Bitcoin, valued at around $780 million. British HODL predicted that September would close around 56K, October around 72K and November maybe 100K. Solo Satoshi released new angled power adapters to help reliability, and said that with home mining now affordable and accessible, people can have their hash power, their wallet and their own node, which it called the trifecta of Bitcoin sovereignty. Saifedean Ammous, author of The Bitcoin Standard, released a podcast of more than two hours with Michael Saylor, and Saylor said credible rumors were circulating that one or more major US banks would be able to custody Bitcoin again.
The Toilet Paper Analogy and Supply Economics
The segment's most distinct argument relied on a comparison to consumer goods. The host recalled the panic buying of toilet paper during the early stages of the pandemic. In that scenario, demand spiked, leading to shortages. However, the market corrected itself quickly because production was elastic. Paper mills increased output, and within months, the product was abundant again. This elasticity, the host argued, is the fundamental difference between traditional commodities and Bitcoin.
Bitcoin, according to the host, lacks this elastic supply mechanism. There is no industrial process to accelerate the creation of new coins beyond the protocol's fixed schedule. This creates a dynamic where demand can increase due to institutional adoption and consumer curiosity, but the supply remains constant. The host emphasized that this shortage is not a temporary glitch but a permanent feature of the asset. He noted that while people rush to acquire goods they fear will run out, the rapid replenishment seen in other markets does not apply here.
that can't happen with Bitcoin
host · 6:48
The host's point was that Bitcoin's scarcity is absolute. He contrasted this with the historical tendency of markets to self-correct through increased production. The host suggested that this dynamic is unlike any other asset class in human history, reinforcing his argument for its long-term value proposition.
Institutional Access and Regulated Leverage
The week's other big story was the SEC's approval of options on BlackRock's IBIT, which Saylor said would accelerate institutional Bitcoin adoption. The host admitted that he did not understand options himself. His working idea was that options let traders trade on another layer above an underlying asset, almost like a layer two, and buy the underlying asset at different times.
He pointed viewers to a piece by Jeff Park, who concluded that the Bitcoin ETF options market would be the first time the financial world sees regulated leverage on a perpetual commodity that is truly supply constrained. The host said that last part was the important one, and that while big players understood it, the world at large did not.
regulated leverage on a Perpetual commodity
host · 5:42
The host also weighed in on the Saylor and Saifedean podcast, saying the two are the reason he is in Bitcoin at all. On the debate over Bitcoin yield, he drew a line between some unknown startup offering yield from a new app and a major US bank such as BNY Mellon, JPMorgan or Wells Fargo custodying Bitcoin, which he called way, way different.
The $20 Weekly Bet: Projections for 2045
To ground the argument in numbers, the host read a calculation from American HODL based on Michael Saylor's predictions for 2045. In Saylor's base case, saving $20 a week would end up at $1.2 million. In the bull case, the same $20 a week would reach $3.6 million. The host noted that $20 a week is less than some people spend on coffee.
if you save $20 a week you will end up with $1.2 million
host · 2:25
He acknowledged that people like Saifedean would ask how much a dollar will buy in 2045, which he called a very good and legitimate question. He said he didn't know, but guessed that $3.6 million would buy more than $20 does today.
The episode closed with Satoshi's line that you might want to get some in case it catches on, which the host offered as food for thought rather than advice. His point was that Bitcoin is unlike anything we have seen in human history. The conversation continues at Mining Disrupt 2027, March 22 to 24 in Irving, Texas. When this session was recorded, Bitcoin traded at $63,413; on October 12, 2026 it was $83,316.