Live From BTC Prague - Day 3

Watch on YouTube ↗  |  June 13, 2026 at 08:40  |  3:08:04  |  The Block
Speakers
Giovanni Santostasi — Physics PhD, Bitcoin researcher
Sam Callahan — Director of Strategy & Research at Orange BTC
Susie Violet Ward — Bitcoin journalist, Director of Bitcoin Policy UK
Richard Bowworth — Co-founder, BYZ partners
Nico — Domain investor (Bitcoin namespace)

Summary

The Block's live stream from BTC Prague Day 3 covers Bitcoin power law price predictions, debate around Bitcoin treasury companies, the value of Bitcoin domain names, and Bitcoin as a tool for individual freedom against expanding state control.

  • Giovanni Santostasi presents the Bitcoin power law model, forecasting $1M by 2032 and $10M by ~2042.
  • Sam Callahan defends Strategy’s capital structure, arguing MSTR can sustain dividend payments with only 3% annual BTC appreciation.
  • Joe Bryan stresses the importance of Bitcoin self-custody and warns about hidden risks in complex treasury products.
  • Nico discusses his collection of premium Bitcoin domain names and their potential value as Bitcoin's namespace matures.
  • Susie Violet Ward criticizes copycat Bitcoin treasury companies as fragile pump-and-dump schemes, citing Metaplanet as an example.
  • Richard Bowworth urges Europeans to buy Bitcoin as a peaceful protest against creeping authoritarianism and fiat debasement.
  • The conference reflects a strong Bitcoin-only ethos and growing institutional interest amid geopolitical uncertainty.
Ideas
Giovanni Santostasi Physics PhD, Bitcoin researcher 21:40
Bitcoin power law predicts $1M by 2032
Bitcoin's price vs. time follows a power law that has been consistent for 16 years. If this scaling continues, BTC will reach $1 million by 2032 and $10 million by about 2042, after which it will approach a ceiling. The power law is backed by a peer-reviewed paper and provides a mathematical, non-hype price forecast.
Sam Callahan Director of Strategy & Research at Orange BTC 43:00
MSTR dividend sustainable with 3% BTC growth
Strategy (MicroStrategy) has built a capital structure designed to withstand Bitcoin's short-term volatility. If Bitcoin appreciates just 3% per year, they can pay the perpetual dividends on STRK forever. The structure is more resilient than critics think, with options to sell derivatives or raise capital, making MSTR a bullish Bitcoin business model.
Susie Violet Ward Bitcoin journalist, Director of Bitcoin Policy UK 131:57
Copycat Bitcoin treasury companies will likely fail
Most Bitcoin treasury companies beyond the first-mover (like Metaplanet) are copycat pump-and-dump schemes. They have not weathered a full cycle, their charts spike and crash, and they are unlikely to survive. Metaplanet is one example of these risky copycats.
Up Next

This The Block video, published June 13, 2026, features Giovanni Santostasi, Sam Callahan, Susie Violet Ward discussing BTC, MSTR, Metaplanet. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Giovanni Santostasi, Sam Callahan, Susie Violet Ward  · Tickers: BTC, MSTR, Metaplanet