Udi Wertheimer on Why Bitcoin Could Reach $400,000 by Year's End - Ep. 872
Bitcoin is up over 25% year-to-date, but what if this is still the beginning?
Udi Wertheimer joins the show to share a thesis that’s grabbing attention across crypto: that we’re entering a generational Bitcoin rotation, where old holders are out, new institutional buyers are in, and price targets like $400K may arrive faster than anyone expects.
He explains why the emergence of “forced buyers” like Michael Saylor’s Strategy changes everything, why he thinks the altcoin cycle is already lost, and how the biggest mistake Crypto Twitter is making today is thinking this is the top.
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
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Udi Wertheimer, long‑time Bitcoin advocate and customer support intern at Taproot Wizards
Udi’s article: This Bitcoin Thesis Will Retire Your Bloodline
Unchained: Bitcoin Sets New All-Time High, But Eyes Even Bigger Gains
Timestamps:
🎬 0:00 Intro
🐶 5:19 How Dogecoin’s 2021 run mirrors what could happen with Bitcoin today
🧠 21:31 Why Udi says most people misunderstood the rise of DATs
📈 30:38 Where bitcoin could be headed next, and how fast it might reach $400K
🏦 33:49 What makes this new wave of BTC buyers so different
⚠️ 39:52 Whether bitcoin-holding companies pose hidden risks
🪦 45:06 Why Udi believes altcoins, including ETH, may be finished this cycle
⏳ 51:50 Why Udi thinks Bitcoin’s next runup is “imminent”
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The Future of Bitcoin with Nic Carter, Eric Wall, & Udi Wertheimer
Taproot was the trojan horse that opened the door to a new wave of Bitcoin innovation and culture. At the forefront of this culture are Udi, Eric, and Nic, the taproot wizards causing a shift in the world of Bitcoin.
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----- Timestamps: 0:00 Intro 6:19 Introducing the Taproot Wizards 12:00 Rejected From Bitcoin Conferences 17:17 Meme and Culture Layer of Bitcoin 23:55 Taproot Was a Trojan Horse 30:28 Are Ordinals Good For Bitcoin Bags? 35:11 How Ordinals Have Changed Public Perception 41:27 A Bitcoin Civil War 47:14 "We Broke Bitcoin" 53:42 Addressing Bitcoin Media 1:04:15 Are David and Ryan Bitcoiners? 1:05:27 Closing and Disclaimers
------ Resources:
Nic Carter https://twitter.com/nic__carter
Eric Wall https://twitter.com/ercwl
Udi Wertheimer https://twitter.com/udiWertheimer
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
Does Maximalism Help or Hurt Bitcoin? Lyn Alden and Udi Wertheimer Debate - Ep. 417
Lyn Alden, founder of Lyn Alden Investment Strategy, and Udi Wertheimer, a recovering Bitcoin maxi, talk about Bitcoin Maximalism, how Bitcoin is developing, and what’s the future of Bitcoin’s security model.
Show highlights:
What the definition of Bitcoin maximalism is
whether BTC maximalism is toxic
whether Vitalik Buterin is still a bitcoiner and how Bitcoiners became the 'token police', according to Udi
why Lyn thinks Bitcoin has been attacked by the media since the beginning
the attacks by Bitcoin maximalists on Nic Carter and Andreas Antonopoulos
how adoption kicked in during previous cycles and why it benefitted BTC
what the different types of Bitcoiners are
what developments are being made around Bitcoin
the importance of Bitcoin being permissionless
what the use cases for Bitcoin are and whether it’s still a highly speculative asset
whether people care about using decentralized payment tools
how Lyn defines ‘ultra sound money’ and why she thinks that Bitcoin is better at that than ETH
whether Bitcoin’s security model needs to be fixed
why being able to run a node is essential for censorship resistance
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Udi:
Twitter
Substack
Previous Unchained episodes:
Why Bitcoin Maximalism Is ‘Like a Shitcoin Community’
Lyn:
Twitter
Website
Previous Unchained episodes:
How Will Inflation Impact Crypto?
Is Ethereum a Good Investment?
Why Bitcoin Now: Meltem Demirors and Lyn Alden on the Perfect Conditions for Bitcoin
Episode Links
Previous Coverage of Unchained:
Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off
Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH
With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold?
Bitcoin’s culture and security
Bitcoin Maximalism Is Dead, Long Live Bitcoin Maximalism by Pete Rizo
Setting the record straight by Nic Carter
The Rise and Fall of Bitcoin Culture by Paul J. Dylan-Ennis
Geeks, MOPs, and sociopaths in subculture evolution by David Chapman
Surprisingly, Tail Emission Is Not Inflationary by Peter Todd
Justin Bons’ thread on BTC security model
A (brief and incomplete) history of censorship in /r/Bitcoin by John Blocke
Ultra sound money
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Eric Wall and Udi Wertheimer on Why Bitcoin Maximalism Is 'Like a Shitcoin Community' - Ep. 412
Eric Wall, crypto blogger and investor, and Udi Wertheimer, a recovering Bitcoin maxi, discuss everything about Bitcoin Maximalism, whether BTC can survive, and whether Ethereum constitutes a threat for Bitcoin.
Show highlights:
how Eric and Udi got involved with Bitcoin
what Bitcoin was like in the first days
how Bitcoin maxis appear to have a script to engage in discussions
the philosophy behind Bitcoin maximalism
why Eric believes Bitcoin maximalism is like a “weird cult”
how Eric thinks that the BTC community has an unspoken rule forbidding criticisms
whether Bitcoin has lost intellectual power
why people have recently been turning away from Bitcoin maximalism
why the poor Bitcoin culture doesn't mean it's the end for Bitcoin, according to Eric
the perception of the Lightning network and how people are not interested in faster blockchains
whether Bitcoin should increase the use cases of the blockchain, like DeFi, NFTs, and stablecoins
El Salvador's adoption of BTC and whether it had an impact
what happens to internet subcultures and how the behavior of Bitcoiners could be predicted
whether Ethereum is a threat to Bitcoin
Thank you to our sponsors!
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Udi:
Twitter
Eric:
Twitter
Medium
Episode Links
Previous Coverage of Unchained:
Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off
Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH
With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold?
Bitcoin Culture and Security
The Rise and Fall of Bitcoin Culture by Paul J. Dylan-Ennis
Geeks, MOPs, and sociopaths in subculture evolution by David Chapman
Surprisingly, Tail Emission Is Not Inflationary by Peter Todd
Justin Bond’s thread on BTC security model
A (brief and incomplete) history of censorship in /r/Bitcoin
Ultra sound money
El Salvador:
Previous Coverage of Unchained: Bitcoin in El Salvador: Why Would Cypherpunks Support Government-Mandated Bitcoin Adoption?
El Salvador’s Bitcoin Paradise Is a Mirage by Nelson Rauda
Learn more about your ad choices. Visit megaphone.fm/adchoices
Udi Wertheimer | Layer Zero
Udi Wertheimer is a notorious persona on crypto twitter and is endlessly difficult to pin down. At the very least, Udi is an interesting and unique character, describing himself as a cynical optimist with a tendency to antagonize and troll.
Udi is also insightful and pragmatic, constantly making connections and critiques of the space with a sharp eye and a relentless desire to call things out when he disagrees. He blurs a lot of lines, and you always have to be on your toes when Udi’s around.
There’s value in having members in the community who never give the benefit of the doubt and act as a philosophical razor for the space. Udi is full of takes, and this conversation twists and turns through the entirety of crypto—trading, culture, communities, memes, the metaverse, and beyond.
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------ Topics Covered:
0:00 Intro 3:30 Udi, a Meme Tactition 9:08 Trading Ponzis 15:58 Not Changing the World 22:22 Optimism, Memes, Community 30:20 Winners & Decentralization 38:33 Composability & User Experience 42:14 SBF and Competition 49:10 Culture & Meme Communities 55:30 Bitcoin Twitter vs Bitcoin Reality 1:01:00 Pricing Values 1:06:30 Critique of Ethereum & Bankless 1:14:53 2022, Metaverse, Resolutions 1:22:19 Closing & Disclaimers
------ Resources:
Udi on Twitter: https://twitter.com/udiWertheimer?s=20
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures