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The Pomp Podcast

Bitcoin Could Hit $10 MILLION … Here’s Why | Brian Dixon

05 Mar 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 0.952

That's what Bitcoin is to me.

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Chapter 2: Is war good or bad for Bitcoin?

0.972 - 2.414

Bitcoin is insurance from war.

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Chapter 3: How do investors rebalance portfolios during conflict?

2.735 - 15.893

And when more people recognize that when you're in the middle of a conflict and you can suck it off the Internet onto a cold storage device and take it to you around the world, that is a tremendous application and use case that we saw firsthand. I think the government is really gearing up to inject a lot of liquidity in the market.

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15.913 - 32.354

This could be one of the reasons why they initiated the conflict, because they need a reason to go and inject liquidity into the market, into print. And I, in my mind, have no doubt that in our lifetime we'll see 10, 15, 20 million dollar Bitcoin, if not more than that, because What's going on, guys? Today, we've got a great episode with Brian Dixon.

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Chapter 4: What is driving institutional demand for Bitcoin?

32.394 - 45.251

He is the CEO of Off The Chain Capital. And in this conversation, we talk about is war and the conflict in Iran good for Bitcoin or bad for Bitcoin? How should we think about the asset in terms of it being risk on or risk off? And then we go around the horn, look at all the different things.

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Chapter 5: How does Bitcoin function in real-world conflict zones?

45.331 - 62.016

What are the macro headwinds or tailwinds? What's going on in the regulatory environment? How are they thinking about the treasury companies? How does Bitcoin fit in with gold, S&P, AI? Brian has a lot of unique thoughts that you probably haven't heard anywhere else. So I highly suggest that you listen to the entire conversation. Here's my conversation with Brian Dixon.

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Chapter 6: How does Bitcoin compare to stocks, gold, and AI?

62.671 - 68.322

All right, Brian, I thought a great place to start this conversation is, is war good for Bitcoin? Obviously, we've seen the United States.

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Chapter 7: What risks concern Bitcoin investors today?

68.362 - 77.398

They went and they grabbed Nicolas Maduro. Then we went to Iran. We set off a bunch of bombs there. Cuba seems to be a potential thing that we may go do.

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Chapter 8: How are Bitcoin treasury companies evaluated for investment?

77.899 - 95.471

And so Bitcoin, you would think if it's trading with software stocks, should sell off aggressively. Yeah. Hasn't done that. Actually, it's gone up. How do you think about Bitcoin in the current geopolitical environment and kind of some of the macro factors that we're paying attention to? I think in the short term, we often see people try to sell off like it is a tech risk stack.

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But over time, I believe more people are going to recognize what Bitcoin really is, which, in my opinion, is insurance for more. So when you're in a geopolitical conflict and you want an asset that you can be able to take with you off the Internet if you need to, to flee to another country in a conflict situation, Bitcoin is the best designed asset for that.

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And I think more people are starting to understand that over time. And in addition to that, we're seeing very, very unique applications and use cases build for Bitcoin beyond just the store of value, but payments and other things in other jurisdictions.

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And so as that continues to expand, people are having additional applications they can use it for beyond just a store of value, even in a conflict scenario. Because if you have a group of people that comes in and shuts off your bank system, as an example, what are you going to do? You can't pay if you can't transact. That shuts you off from the rest of the world pretty much.

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But Bitcoin is a saving grace in that regard to a lot of people in these conflict zones. What I find so interesting is Bitcoin is usually talked about, especially with me and many of the guests, as an asset in an investment portfolio. And so, you know, Iran, we say, hey, we're going to go and we're going to strike them. Somehow we always do this stuff on the weekends. Right.

157.93 - 175.912

And Bitcoin was the only thing that was trading. It goes down. Didn't go down substantially, but definitely went down a little bit. All the other markets are closed. Now, what you're seeing is people are starting to kind of recalibrate their portfolios and figure out how much equities do I want? Where in the equity market do I want to allocate capital to?

176.433 - 191.914

Gold, is that going to be the kind of war hedge that people think it should be? What's going to happen to bonds? How do I think about Bitcoin? What about real estate is, you know, all of a sudden is oil going to spike, which everyone thought it was going to spike, you know, 50 bucks a barrel. That didn't happen.

191.975 - 211.507

And so, you know, there is a lot of this change that occurs when you start to see a conflict kick off because people are basically trying to look forward and say, hey, I need to prepare myself in case this is going to be kind of a prolonged thing. is that we're hearing the exact opposite coming out of Washington. They're like, this is going to be short. This is not going to be a prolonged thing.

211.808 - 228.368

And so do you think that has an impact on how people think about Bitcoin or the rest of their portfolio in terms of if this is only two or three, four weeks, maybe? I don't want to have to change that much because I'm looking a little bit past that four-week time period. There's a few components there. One is, you're right, whenever the first thing happened in Iran, it was on the weekend.

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