I explain that due to Tesla’s purchase of $1.5B worth of bitcoin, tens of millions of retirement accounts now have exposure to bitcoin.
Text version of this video is available on my website: https://mattpopovich.com/posts/overnight-tens-of-millions-of-people-now-own-bitcoin/
Sources:
[1] https://www.ici.org/faqs/faq/401k/faqs_401k
[2] Tesla 2020 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm
[3] Tesla S&P inclusion: https://www.wsj.com/graphics/tesla-stock-joins-the-sp500/
[4] S&P inclusion requirements: https://www.spglobal.com/spdji/en//documents/additional-material/sp-500-brochure.pdf
[5] SPY holdings: https://www.investopedia.com/articles/investing/122215/spy-spdr-sp-500-trust-etf.asp
[6] "Magic internet money": https://medium.com/@paulbars/magic-internet-money-how-a-reddit-ad-made-bitcoin-hit-1000-and-inspired-south-parks-art-b414ec7a5598
Thank you to the following clips for being created and are used under fair use:
Andreas Antonopoulos: https://youtu.be/9mBc0Zk1YWs?t=32
Peter Schiff: https://youtu.be/-kmyNy2CF2g?t=39
Roger Ver: https://youtu.be/oCOjCEth6xI?t=27
Anthony Pompliano: https://youtu.be/EtfpKY94whw?t=83
Jim Cramer: https://youtu.be/Vamcz5Vd9uo?t=16
FOX 5 reporter: https://youtu.be/R9m5xTEUZ84?t=4
Austin Powers: International Man of Mystery: https://youtu.be/EJR1H5tf5wE?t=10
4K Math Background Greenscreen: https://www.youtube.com/watch?v=8rH5YHSEVx4
Discovery shuttle launch: https://youtu.be/yBejo3QWS9U?t=89
Carlos Matos promoting Bitconnect: https://youtu.be/vabXXkZjKiw?t=3
Emojis via Apple
Cartoon clipart piggy bank PNG in the thumbnail Designed By 潭佳 from https://pngtree.com/
Audio: "Love Some" by Pikoe
https://open.spotify.com/track/29gVTYMqXVV47mrY4qkm4b?si=_pQkwfg8QP6XNiEAG8U8gg
Chapters:
0:00 Intro
0:37 Exposure to bitcoin
1:39 Tesla buys bitcoin
2:28 Tesla gets added to S&P 500
3:49 Bitcoin in the S&P
4:11 Outro
4:39 Credits
5:05 Post-credits