I have some very important information regarding the IRS.But first let's go over to  tweet from Dan Held. He says Bitcoin holders around the world are 100 million, right?So the 100 million people own Bitcoin.I probably, I'm going to disagree with that because I think that there are many people that have multiple wallets as you probably have.So it's going to be very hard to tell actually how many Bitcoin holders there are out there.There's that's not very many compared to the rest of the world.

Keep in mind that 93% of Bitcoin have already been mined.That means you have 7% left, right?So you have the entire, pretty much the entire world's population going to be fighting over 7% of the unmind Bitcoin out there.Yeah, there's going to be the occasional person that sells, but keep in mind that Micro Strategies, they just bought 155 more Bitcoin for a total of $5.3 million.They are taking Bitcoin off the exchanges.Off to where?You're not going to be able to buy these, right?And so now his he has 158,400 Bitcoin.

So keep in mind you also are going to have with this Bitcoin spot ETF, you're going to have Franklin, Templeton, Fidelity.You're going to have BlackRock and all their buddies and family offices and and on and on and on wanting to compete to buy this little piece of the pie of Bitcoin.Because I'm not selling mine.Many of you are not going to sell yours, and neither are these people going to sell theirs.

This is the only this is the first time we've ever had an inelastic asset in the history of the world in inelastic meaning inelastic supply.In other words, for instance, gold isn't inelastic.Silver in it isn't inelastic because if they're if gold or silver price decided to skyrocket, triple, quadruple or whatever, people are going to go out and mine tons and tons of gold and silver and then you know they're going to make ways to to get even more gold and silver out of the ground.Where is Bitcoin?Yeah, set 21 million.That's pretty awesome. 

Explain about some good news here, we have St.Galler in Swiss, which is a Swiss bank.They are going to offer Bitcoin and Ethereum custody services.Now the interesting thing is that they're offering Ethereum as well. I think after the Bitcoin spot ETF gets approved, I think that the spot Ethereum ETF is going to be approved as well.And that's going to take a ton of coins off the exchanges and off the market.Which is going to be even crazy bullish because there are still a ton of ton of people trying to stake their Ethereum.

And the more the bull market happens, the more that people are going to stake their coins is just going to take even more supply off.