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Eric Yakes lays out why Bitcoin is on track for $10 million, and how cultural shifts, institutional adoption, and political realities are accelerating the path. From revolutions and mass movements to balance sheets and BlackRock ETFs, Eric explains why Bitcoin is unlike any other asset in financial history. We get into why qualitative forces - belief, culture, and narrative - drive Bitcoin’s price as much as math, how the rise of treasury companies and governments adopting Bitcoin could fundamentally change markets, and why neutral, permissionless money is the escape valve from today’s credit-driven system. Eric also explores what a $10M Bitcoin world might look like: from time preference shifts and new architecture to political legitimacy and global strategic reserves. In this episode: Why Eric believes Bitcoin can reach $10M within a decade How revolutions explain Bitcoin’s cultural momentum The role of ETFs, treasury companies, and government reserves Why narratives, not fundamentals, move markets How neutral money could restructure capitalism and society What a $10M Bitcoin world means for time preference, politics, and the future THANKS TO OUR SPONSORS: IREN: https://www.iren.com/ RIVER: https://river.com/wbd ANCHORWATCH: https://www.anchorwatch.com/ BLOCKWARE: https://mining.blockwaresolutions.com... LEDN: https://learn.ledn.io/wbd BITKEY: https://bitkey.world/ SUBSCRIBE TO THE PODCAST: FOUNTAIN: https://fountain.fm/show/gpascDml6iI0... SPOTIFY: https://open.spotify.com/show/18Pixm6... APPLE PODCASTS: https://podcasts.apple.com/gb/podcast... WEBSITE: https://www.whatbitcoindid.com/ FOLLOW: Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny Eric Yakes: https://x.com/ericyakes TIMESTAMPS: 00:00:00 – Introduction 00:01:44 – Why Bitcoin Goes To $10 Million 00:04:08 – Revolutions And Eric Hoffer’s Framework 00:11:47 – The Limits Of Central Planning 00:23:03 – Bitcoin As Risk On And Risk Off 00:39:09 – Building Self-Custodial Solutions 00:59:11 – Escaping Policy-Driven Financial Markets 01:01:16 – Treasury Companies And Balance Sheets 01:03:39 – Zoltan Pozsar And The Shift To Commodities 01:19:34 – Milestones On The Road To $10 Million 01:21:25 – Cultural Legitimacy And BlackRock Adoption 01:52:44 – Stablecoins As A Trojan Horse For Bitcoin 01:55:04 – What A $10 Million Bitcoin World Looks Like What Bitcoin Did with Danny Knowles #Bitcoin #Finance #Money #Economics