Join Bitcoin University Premium:https://www.bitcoinuniversity.comIn this video, I discuss why Bitcoin's price pumps matter.First, when Bitcoin pumps, it attracts new investors who come for the gains, and then end up staying for the personal and cultural transformation.Second, because Bitcoin's max supply is fixed, the only way that its market cap can increase is by the purchasing power or price of each coin going up. A larger market cap and higher liquidity is necessary to accommodate larger investors and larger pools of capital. As Bitcoin's market cap goes up, its price volatility goes down over time, thus leading to even more adoption as a medium of exchange and unit of account.Bitcoin has already won. It has an insurmountable lead that can never be overcome by a new crypto. Not investment advice! Consult a financial advisor.Bloomberg running free ads for Bitcoin:https://www.bloomberg.com/news/articles/2023-12-04/is-bitcoin-at-40-000-a-sign-of-another-bull-runTotal US government bonds:https://fred.stlouisfed.org/series/GFDEBTNTop assets by market cap:https://companiesmarketcap.com/assets-by-market-cap/Top currencies by market cap:https://www.fiatmarketcap.com/Bitcoin's ultimate price target:https://www.youtube.com/watch?v=1ugK2waqCqM&ab_channel=BitcoinUniversityI am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #crypto Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=B4myC0i7BPk