Latest / Simply Bitcoin / Japan JUST Started The Money Printing Supercycle!! | EP 1382

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Japan JUST Started The Money Printing Supercycle!! | EP 1382 · Simply Bitcoin

0:00
Just announced a massive ¥21 trillion liquidity injection
0:04
last night. And it looks like this could be
0:07
spreading to the rest of the world.
0:10
And couldn't confirm it, but there's rumors circulating that
0:14
the Federal Reserve is scrambling and could have an
0:17
emergency meeting today over liquidity concerns.
0:21
But will it save the markets or will it be too little too late?
0:26
So guys, I've been telling you to watch what's going on in
0:29
Japan for a while now and it finally, finally hit the fan
0:35
guys. Anyways, of course I'm here with
0:36
Nico and we do have the founder of silent Link calling in live
0:41
with us. So he's going to be hanging out
0:42
in the background. You will hear his voice.
0:44
But let me jump straight into this guys, because it it's
0:48
getting it's getting pretty crazy out there and a lot of
0:51
people have been connecting this with what's going on in the
0:54
Bitcoin price. So let me let me just cover the
0:57
news and I will get some Bitcoin takes from this.
1:00
I'll kind of explain why you should be watching this, why
1:03
this is even being brought up on today's show.
1:06
It has huge implications, to say the least.
1:09
So I'm over here on CNBC. Here's the headline.
1:11
Japan announces $135 billion stimulus, NHK reports in bid to
1:16
support economy and consumers. The package aims to address
1:20
rising prices, achieve a strong economy, and strengthen defense
1:24
and diplomatic capabilities. Going further, of course, this
1:27
is 21.3 trillion in Japanese yen, which translates to about
1:32
135 1/2 billion in U.S. dollars on Friday.
1:38
You know, they're a little ahead.
1:39
So it basically happened this morning slash last night.
1:42
Anyways, it's a booster country, slowing economy and offer
1:45
support to inflation hit consumers.
1:48
Now 135 billion, you're probably looking at this and you're like,
1:52
this isn't even that big. Like what are we talking about?
1:54
the US has trillions of debt. If the US wants to inject
1:58
liquidity, it needs to be in the trillions.
2:00
Well, for Japan, this is the biggest stimulus package since
2:05
2020. So maybe 135 billion isn't that
2:08
big compared to the US economy, but this is a huge liquidity
2:13
injection in Japan. Now going over on Twitter again,
2:17
you guys know I've been, I've been mentioning Kobayashi, she
2:19
let her a lot and they were covering this breaking.
2:22
Japan's government says it may intervene before Japanese yen to
2:26
U.S. dollar ratio reaches 160. That's been kind of the number
2:30
that once they hit that number, they are going to for sure
2:33
inject liquidity. Well, it looks like they
2:36
intervened before this guys again, $135 billion direct
2:41
stimulus injection into the economy and going further, it
2:46
actually looks like it's going to be essentially double hold
2:49
that size and I'm going to break out what what this means.
2:52
So Japan government adopts $21.3 trillion yen comprehensive
2:56
economic package. Again, this is just a direct
3:00
injection economic package for state funds aiming to achieve a
3:04
strong economy through strategic fiscal spending.
3:07
It's the first economic package by their new president of Japan.
3:12
Again, they're fighting high prices, they're Prime Minister,
3:16
OK, my bad. They're fighting high prices,
3:19
they're trying to figure out the fiscal policy.
3:21
And so I'm just breaking down exactly what happened.
3:24
I'm then now I'm going to break down the implications in a
3:26
minute. So, but this also includes
3:29
related spending by the private sector of ¥42.8 trillion.
3:35
So it could be what, 260 billion injected into their economy.
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Now, I know you're sitting here and you're like, OK, but why?
3:44
Why I do I even care about what's going on in Japan?
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And this is where it gets really tricky.
3:50
And also this is where the implications come up.
3:52
So I'm going to pull out some good Twitters, tweeters, some
3:56
good tweets because they really kind of break it down.
3:58
I'm not going to read the all these tweets.
4:00
I'm just going to kind of pick little portions of this.
4:02
But we have this tweet the global financial system just
4:04
broke in Tokyo. This section, why you should
4:07
care. And this is what I've been
4:09
telling you guys for a while. Every major bank, hedge fund and
4:13
institution on earth has borrowed yen at cheap rates and
4:16
invested it elsewhere for the last 30 years.
4:19
This carry trade could be worth anywhere from 350 billion to $4
4:24
trillion, and nobody knows the real number because it's hidden
4:28
in derivatives. When Japan system breaks, the
4:32
money unwinds fast. This is what we're starting to
4:36
see and a lot of people been connecting this to the Bitcoin
4:38
price. Now, obviously we don't really
4:41
know what's going on. I've been seeing a few couple
4:43
rumors about what's going on. People are saying maybe the
4:46
October 10th collapse, the the price crash, maybe there's some
4:52
institutions that, you know, got hit really hard.
4:55
They're trying to unwind their positions.
4:57
That could be what some of these big, huge sales are.
5:00
The other people or the other side right now is saying that
5:04
what we're seeing in the yen right now is most likely what's
5:08
dragging down not just the Bitcoin price, but all markets.
5:12
And again, it's because what I've been telling you guys for a
5:16
minute, you could look at the Bank of Japan essentially like
5:19
the venture capital central Bank of the world.
5:22
You take really low interest loans there and then you deploy
5:25
that everywhere else. And as one of my favorite kind
5:29
of conspiracy theories, tinfoil hat views for Bitcoin is the
5:34
reason Satoshi Nakamoto picked the name.
5:36
The pseudonym Satoshi Nakamoto is basically as a nod to say,
5:40
hey, if the US doesn't figure their stuff out right now, if
5:43
they continue to keep printing, if our debt to GDP ratio
5:46
continues to expand, America could be Japan.
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And as we're seeing it is finally hitting the fan right
5:54
now you're looking at what's going on in Japan.
5:57
I've been covering the bond rates for a while.
5:58
The bond rates in Japan are at our interest yields are at the
6:02
highest they've we've ever been. Things are things are getting a
6:06
little, a little hairy right now and this could be why we're
6:09
seeing so many issues in the market.
6:11
Of course, we've been covering for a while that the Fed repo
6:14
markets, there's been liquidity concerns and not only regional
6:18
banks, but at the Fed level. Now we're seeing that this is
6:21
happening on the central bank level.
6:23
Now can this stimulus injection save the Japanese economy and
6:28
essentially save the global economy?
6:31
We really don't know yet, but we're watching this play out in
6:34
real time. Now for the more you know
6:36
Bitcoin implications here. Again, I've been mentioning
6:39
sight Bringer, I think he's been having really good analysis on
6:42
this. He just tweets Japan executed a
6:44
full spectrum currency defense operation under the branding of
6:49
a stimulus. Now going down here a little bit
6:52
where we talk about what the implications are for Bitcoin.
6:57
This is where it gets very interesting.
6:59
This is why I was yesterday kind of battling Nikko where he went
7:03
full bear and I'm like, I, I don't know, man, I what I'm
7:05
seeing could still be some tailwind for 2026, though.
7:10
There are people on Twitter essentially saying like they're
7:13
injecting liquidity into the system and you're still being
7:15
bullish. I'm like, yes, we're still
7:17
bullish here anyways. Japan is always.
7:21
Zoom in. OK, Japan is always the first
7:24
domino in a global liquidity chain and they just tipped it
7:29
over again. This strengthens the global
7:32
liquidity backdrop. Japan easing implies the US will
7:35
eventually ease and reduces the probability of sustained
7:39
tightening anywhere. Remember, December 1st, QT
7:42
officially ends. We're seeing liquidity problems
7:45
in Japan. We're seeing potentially, you
7:48
know, rate cuts coming The the Fed is just as confused as the
7:53
markets are. They were pretty much split on
7:55
whether we should have more interest rate cuts, whether we
7:58
shouldn't, whether they don't have enough information to have
8:00
interest rate cuts. But it looks like the Super
8:04
money printing super cycle is upon us.
8:07
It looks like the money printers are finally about to get turned
8:10
on. And yes, that means for most
8:13
people, if your heart aren't holding assets, you're going to
8:15
get absolutely wrecked. So this is extremely important
8:19
for Bitcoins 2020 six are it accelerates sovereign and
8:23
institutional flows when global liquidity shifts sovereign funds
8:27
by ahead of the curve ETFC improved flow environments,
8:30
global allocators rotate back into Bitcoin or crypto.
8:34
This reinforces the long term bull market architecture because
8:38
Bitcoin thrives in weak currency environments, fiscal expansion
8:43
environments, global risk on rotations and high liquidity
8:46
regimes. And Japan just activated all
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four. It is getting insane out there
8:54
now for everyone probably on Main Street.
8:57
You you may not be, you know, following along.
9:00
This seems like some obscure economic, you know, niche over
9:03
here in Japan. But if you know what is going
9:06
on, or rather what Japan's kind of role has been the last 30
9:10
years, this is where the signal I think is coming from.
9:15
And as Ben Rickard's account said, you know, the bond market
9:17
is whispering a warning and the Bitcoin coiners are picking up
9:21
on this. Of course, Larry Leopard goes
9:24
on. Here we go.
9:25
The big print, Japan style. It's just starting, guys.
9:29
And even further. Well, well, well, a little
9:31
trouble in Japan and they send out a dove to calm everyone
9:34
down. CME rate cut odds go from 40% to
9:37
74%. These guys.
9:40
These guys are so transparent and obviously in way over their
9:44
heads. Good luck Fed, you are going to
9:47
need it. And this was literally my exact
9:50
take when I heard of the Fed minutes meeting.
9:53
I, I was tweeting and I just said it a minute ago. the Fed is
9:56
just as confused as everyone in the market.
9:59
As Larry said, they are way over their heads.
10:02
I, I'm, I'm kind of on the side of too little too late right
10:05
now. Who knows exactly what's going
10:08
on. And I know you guys love the
10:09
memes and we have a George Bodeen one.
10:11
I'm absolutely convinced that the big print is coming.
10:14
A mainline liquidity injection to keep the beast lurching from
10:18
side to side down a narrow hallway.
10:21
Lawrence Apart saw it, wrote it and I believe leave it Bitcoin.
10:25
Look, they need liquidity. So the big print is on the
10:28
horizon and then before I pass it off, here is probably the
10:33
bull case going on for all this money printing happening.
10:36
Shouts out to Alan B Watson, he goes imagine being bearish on
10:40
Bitcoin right now. The current situation, the US is
10:42
preparing a $2000 stimulus check.
10:45
Japan just launched 110, well 130 potentially twice the size
10:49
billion dollar stimulus package. Japan or China has approved a
10:54
$1.4 trillion stimulus package and the Fed is officially ending
10:58
QT on December 1st. the US is issuing $1.9 trillion in
11:03
Treasuries per year. Canada is restarting its
11:06
quantitative easing program. Global M2 money supply is at a
11:10
record $137 trillion and global rate cuts are at 320 plus over
11:16
the last 24 months. In what world is another wave of
11:20
inflation not on its way? This is what we've been talking
11:23
about for a while on this show. This is what big corners have
11:27
been talking about for a while. The big print is on the horizon
11:31
now. When Leonard Leopard's been
11:33
talking about the big print for a minute, you know, he, he, he
11:36
would very clearly say he's like, I don't know when it's
11:38
going to happen. It's going to happen.
11:41
And it seems like we might be on the beginning of the big print
11:45
happening. Of course, we're seeing it
11:47
happen in Japan now. It's going to be very
11:50
interesting to see how quickly this shifts into the US because
11:53
you got to remember the US and Japan are very intertwined.
11:57
It's not like whatever happens in Japan is completely isolated.
12:01
You know, they're on an island over there.
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It's like, no, you got to remember they are essentially
12:06
the venture capital wing of the world right now.
12:09
It's a very simple idea. You take cheap loans from Japan,
12:14
you invest that everywhere else. And now if they're having huge
12:17
troubles, they're going to have to inject liquidity.
12:20
It seems like it, it's finally getting to the point of global
12:23
contagion with the money printer.
12:26
So look, I don't want to doom here.
12:28
I, I'm, I'm not saying, you know, it's all over, but I think
12:33
this is where the signals at. I think this is what's showing
12:36
us what's going on in the markets.
12:38
And I don't know if you guys been watching just traditional
12:40
stocks really, you know, S&P 500, QQQ, etcetera, or the
12:44
NVIDIA stock things are whipsawing right now.
12:48
It, it is, it is insane what's going on in the markets.
12:51
Essentially, it feels like no one has any idea what's going on
12:55
in in total markets right now, not just Bitcoin, but every
12:58
market and we're starting to see where the signal is coming from.
13:03
It seems like Bitcoin may have front ran, front run, front run,
13:08
front run, front ran. I forget front run, front ran
13:13
what was going on in the Japanese bond markets.
13:16
Again, Bitcoin usually sniff things out before and the fact
13:20
that we saw Bitcoin correct this this quickly instead of a slow
13:24
bleed out, I think is making the case or at least to me
13:28
personally, a more more bullish case that we could be re running
13:32
it back a lot quicker than we all are expecting.
13:35
So on the global macro front right now guys, things are
13:38
getting very, very interesting. And of course, from our
13:42
perspective, you need to be holding assets that they cannot
13:45
print more. And when they're telling you we
13:47
are going to print more money, you cannot be saving in dollars
13:51
right now. It is almost like the Bitcoin
13:54
meme of broken money. It's finally going global and
13:58
people are waking up to this. So very interesting stuff going
14:02
on in Japan. I'm sure we will get some more
14:04
information by Monday. But this just happened.
14:07
This is just the breaking news. And you know, to be honest guys,
14:11
I think they are warming up the money printers everywhere right
14:14
now. So you know what that means.
14:17
If if the 2020 money printer injection was any indication of
14:21
what's going to happen when the money printers around the world
14:25
turn on. I'm, I don't know, Nico, I know
14:28
you're being bearish yesterday, but I think 2026 we might be
14:32
saved by the money printers, bro.
14:33
Man, I'll change my mind. I'll change my mind when I'll
14:37
see it, and I do. I do want to give a shout out to
14:41
Opti's Pineapple today. And I do want to give a shout
14:44
out to to Opti's lived here, you know, memorial, which is which
14:52
is great. But anyways, guys, it's going to
14:54
be a fantastic show. We have also a a special guest
14:58
joining us on today's show. We have the founder of Silent
15:04
Link who's calling in today. So he's not going to be showing
15:08
his face. He's going to be anonymous, but
15:10
you guys are going to be able to hear him.
15:12
And essentially what Silent Link is, is you'll be able to
15:16
experience borderless connectivity in 160 countries
15:21
with no KYC data limits or or expirations.
15:26
Just pay as you go and enjoy uninterrupted service.
15:30
And of course, you can pay with Bitcoin, you can pay with
15:33
lightning. It's fantastic.
15:35
So we're going to be talking about that during the culture
15:38
segment. So we're super happy to have the
15:40
founder with us today. Anyways, going back to the topic
15:45
at hand regarding the money printing that I that Opti sees
15:50
on the horizon, I do have some memes that I want to show.
15:56
Here's specifically one from George Bodine.
15:59
And you know, again, he's referencing Larry Leopard's
16:03
book, The Big Prince. Of course, a mainline liquidity
16:08
injection to keep the beast lurching from side to side down
16:13
a narrow hallway. Lawrence Leopard saw it, wrote
16:16
it, and I believe it. Bitcoin.
16:18
And of course, here's the meme from Doctor Evil.
16:21
You guys know the movie Goldfinger I think.
16:24
Is it Goldfinger? No, this is the.
16:28
The awesome power, the the, the parody of the Goldfinger movie.
16:32
And of course, she's talking about liquidity.
16:33
And then, you know, launch the big print.
16:35
So, yeah. And by the way, simultaneously
16:39
what's happening as well is we know that the Federal Reserve
16:44
will be ending QT starting in December.
16:49
And if you take a look at the betting market odds, I love the
16:53
betting market odds. They tend to be the most
16:55
accurate. When there's money on the line.
16:59
You know people make better decisions, right?
17:01
So right now it seems like there's a 65% chance that they
17:07
will decrease 25 basis points in December that a couple days ago
17:15
before the news broke out of Japan, that probability went up
17:20
by 34% overnight, overnight. So November 21st at 7:35 AM.
17:27
So this morning when the Japan news broke, boom, you had this,
17:33
you know, you had this giant shift.
17:36
And then we also saw some rumors.
17:38
We were not able to confirm them or anything that the Fed is
17:44
potentially holding an emergency meeting today.
17:46
But again, those are rumors, not confirmed.
17:49
But it there was a viral ex post talking about just that.
17:54
So I thought that was pretty cool.
17:57
But anyways, let's see what happens.
17:58
You know, it, it's, it's crazy that we've gotten to this point
18:01
that we're rooting for central banks to print money.
18:04
I don't know if I'm rooting, I'm just saying this is what's
18:06
happening. But you know, at the end of the
18:09
day, guys, it's Infinity divided by 21 million.
18:12
And if central banks start printing records amount of
18:15
money, then, you know, what do you what do you think's going to
18:18
happen to, to, to assets, right? They're going to go through the
18:20
roof. This is the theory of Lynn
18:22
Alden. Nothing stops his train.
18:24
This is the theory of Larry Leopard, right?
18:26
You want to buy hard assets like Bitcoin, of course, like gold.
18:30
We're big fans of Bitcoin, obviously.
18:32
It's called simply Bitcoin for a reason.
18:34
But yeah, if you buy assets, when the Federal Reserve debases
18:38
the currency, those assets tend to go through the roof.
18:41
Most people that own assets are are wealthy.
18:45
And, you know, that's where the the wealth inequality is
18:48
created. But again, if you're holding
18:50
Bitcoin, you know, you're obviously going to benefit when
18:54
they debase the currency when they start printing, right?
18:57
So anyways, that's what we're seeing.
18:58
This could be a reaction to what is happening in Japan.
19:03
Again, you know, it seems like things are cracking.
19:05
Things are breaking. And yeah, I mean, of course, the
19:10
US, the whole global economy and the financial system is tied
19:13
together. We saw that in 2008, right?
19:16
So you can see a cascading effect.
19:18
And you'd obviously want to see the Federal Reserve try to get
19:22
ahead of that. But as, as Trump has been
19:24
talking about, you know, this is too late.
19:26
Powell who we're who we're who we're referencing, right?
19:30
I've, I've not a, I'm I'm not a big fan of Powell.
19:33
How the Fed has been acting this year.
19:36
I think that they've been trying to sabotage the Trump
19:38
administration just out of their own self preservation.
19:43
The Trump administration is very pro Bitcoin, very pro crypto,
19:48
and the previous administration was very anti crypto, pro CBDC.
19:54
If the Fed is looking about self preservation, they would
19:57
obviously want the political party in charge that is pro
20:01
CBDC, anti Bitcoin. So that's my thesis.
20:05
I think a lot of, you know, Jerome Powell's moves this year
20:09
have been politically motivated. And I'm not the only one who has
20:12
said this, right? You have.
20:14
The senator, Senator Cynthia Lummus of Wyoming, you have
20:17
Caitlin Long, founder of Custodia bank, all claiming that
20:21
the Fed acted very politically. You they you can make a very
20:25
strong argument that they helped try to get Kamala Harris
20:28
elected, right? And in terms of how their stance
20:31
was it, what I find interesting is that they they have this very
20:35
like hawkish stance when they're, you know, when Trump is
20:38
in office. But when the previous
20:40
administration was in office, it was like money printer go Burr,
20:44
right. So you know, it, it it just
20:46
seems like it, it, it they're not acting in a neutral fashion,
20:50
I guess is what I'm trying to say.
20:51
Anyways, I'm going to stop talking.
20:53
I'm going to pass it on to our guest.
20:55
I do want to give them a shout out Again, this is the founder
20:58
of silent link. We're going to be talking more
21:00
about them during the culture segment.
21:04
But admin, thank you so much for joining us.
21:08
Hello, friends. It's been it's a pleasure to be
21:10
with you today. Thank you for joining us, man.
21:13
So I want to get your thoughts, man.
21:15
You're obviously a bitcoiner. You know this you've you've been
21:18
in the you've been in the industry for a while.
21:20
What are your thoughts on this? You know, this crazy stuff
21:23
happening in Japan, potentially they're going to print, you
21:27
know, more money. What are your thoughts on this?
21:29
Is it just, you know, it's just the normal course of business,
21:32
right? Satoshi Nakamoto, after all, did
21:35
right in the genesis block chancellor on the brink of the
21:38
second bailout for banks. So Satoshi knew that this was
21:41
inevitable. He knew that this what's going
21:42
to happen. Admin, what are your thoughts?
21:46
Actually, we rarely think about the Bitcoin price and the
21:49
markets because we build our company on Bitcoin standard and
21:54
one Bitcoin always equals one Bitcoin to us.
21:57
So go to help the rest of the people.
22:03
I love that. And this is exactly why we have
22:05
admin joining us on the show today and we're very excited to
22:08
talk about his product later on in the show.
22:12
Again, it's called silent link. You go to silent dot link and
22:17
you can get a a AKYC, no KYC and no data limits, no expiration
22:25
pay as you go private global esim and you can pay for it
22:30
using Bitcoin. You can pay for it using
22:32
lightning. So yeah, definitely I'm I'm very
22:35
excited to talk about that. It's going to be an excellent
22:38
show. But before we keep going, I do
22:40
want to keep continuing talking about this Opti because we might
22:43
be on the verge, you know, of a meltdown.
22:46
And before we do that, I do wanna give a shout out to
22:48
everyone watching. We have thousands of people
22:50
watching across YouTube, across rumble, across X.
22:54
So if you guys are enjoying the show so far, make sure to smash
22:57
that like button and Opti, I'm gonna pass it on to you.
23:01
Opti's our in house macro expert.
23:03
He's become that. He's morphed into that.
23:06
He's transitioned into a macro expert because the situations,
23:11
the situation required him to become a macro expert.
23:15
So dude, like what do you say you were, you were talking about
23:19
this earlier on today that what is happening in Japan and could
23:23
it potentially cascade in the United States?
23:25
And how does does does Bitcoin benefit from all of this?
23:29
Well, I think that, well, the first, the answer to the first
23:32
question is yes, this will cascade into the United States.
23:35
Again, you got to look at the Bank of Japan as essentially the
23:40
way I like to kind of frame it is, and I said it a minute ago,
23:43
they are the, you know, they're the VC arm of the central banks.
23:48
They're the ones that loan out money to other central banks.
23:52
Essentially. They've had the cheapest debt,
23:54
the cheapest, the cheapest credit around the world for the
23:57
last 30 years. And so people would take money
23:59
out of the Bank of Japan and then they of course invested
24:02
everywhere else into, you know, whatever country that they're
24:06
using. And so yes, this will
24:08
fundamentally 100% cascade out into every other markets right
24:13
now. That's why I said, look, this
24:14
isn't just about, you know, Japan.
24:16
It's a tiny plant, it's a tiny country, it's an island.
24:20
They are not isolated here. Yes, geographically they may be
24:24
isolated, but when it comes to global finance, they are 100%
24:29
intertwined into every other economy in the world.
24:33
So the first answer is fundamentally yes.
24:37
Without a doubt, this will cascade into every other country
24:41
economy in the world. The second point of will this be
24:45
bullish or bearish? That question is a little
24:49
different in my opinion. It's hard to really say because
24:52
on the one hand, we all know what this really means.
24:56
It means there's there's cracks in the system and of course,
25:00
Bitcoin usually reacts early and stronger and more violent than
25:04
everywhere else. So if we do see a a global
25:08
economic meltdown right now, this is going to be worse than
25:11
2008. This is not just going to be in
25:14
the US, you know, the our economy doing bad.
25:17
This is going to be literally in every western country in any
25:21
significant economy around the world.
25:23
So hopefully they figure it out because it could on the one
25:27
hand, it it could mean a prolonged, really aggressive and
25:32
brutal bear market. Now, the more bullish take of
25:35
this, this is obviously the money printers are turning on.
25:38
And so if they're going to inject hundreds of billions, if
25:41
not trillions of dollars of liquidity into the system,
25:45
people with money know the game, which is essentially they're
25:48
going to destroy your purchasing power.
25:50
The only way to survive the tsunami of liquidity that is
25:54
coming is you need to be in hard assets, ones that they cannot
25:59
print, which is obviously gold. It's obviously Bitcoin.
26:03
A lot of people do like real estate, but I think if we see
26:08
this global liquidity injection because every economy is
26:12
struggling, I think a lot of people are going to finally wake
26:16
up to the Bitcoin thesis that hey, you want to hold a non
26:20
sovereign money, you want to hold something that isn't tied
26:23
to any nation, any country, any economy.
26:27
And this is the the global measure of value.
26:30
So if we do find that there is a crack in the system, that we do
26:35
find that there is panic in the system, then maybe finally
26:39
people are going to look for an alternative.
26:41
And and and. Did Bitcoin detect it first?
26:44
Right? See, that's what that's what I
26:46
was. Thinking did it expect because
26:48
like like guys, you have to understand Bitcoin is the only
26:51
global asset that is traded 24 hours the the the market Bitcoin
26:57
doesn't just get turned off right.
26:59
You know, most traditional stock markets, they operate, you know,
27:03
from time A to time B, then they close on the weekends, they're
27:08
close. Bitcoin is trading 24 hours on a
27:13
global basis, right? And it also, it's, it's
27:17
difficult for, for there to be any type of, of manipulation in,
27:22
in comparison to, to the, you know, the traditional markets,
27:26
right? The fact, you know, as a
27:28
bitcoiner, the fact that traditional markets have, you
27:32
know, an opening time and a closing time and then on the
27:35
weekends they're just shut off Like that to me is like such an
27:38
alien concept, right, 'cause you know, I'm just so used to
27:41
Bitcoin just being on 24/7, right?
27:45
You know, I, I think we hit like 79 K like in the dead of night,
27:48
right? Like this is how Bitcoin
27:49
operates, right. But anyhow, guys, it's going to
27:52
be a great show. Before you go here is Max Kaiser
27:57
talking about it with the meme. Obviously he's quote tweeting
28:01
the Japanese yen intervention and he goes global QE unlocked
28:06
2.2 mil in play. I, I think he's kind of trolling
28:10
with the prediction, but here is, you know, a good visual.
28:13
This is like the global tsunami that we're, we're potentially on
28:18
the horizon that we're potentially seeing.
28:20
And again, going further, the Larry prophecy has come.
28:24
It is the time for the big print.
28:26
So that's what I think a lot of people are seeing.
28:29
The big print is coming. Q Global QE is on the horizon.
28:34
So if they're printing, if they're injecting trillions into
28:37
the system, again, you need to hold something that they cannot
28:41
print. And that is obviously, in our
28:43
opinion, Bitcoin now gold is a good alternative, but we think
28:46
Bitcoin's going to react stronger and better than gold.
28:49
So again, it just, it could be the moment where people finally
28:53
wake up to what Bitcoiners have been saying.
28:55
It could be nothing ever happens moment.
28:58
So you know, I, I don't know. Exactly.
29:00
But before we move on to the next topic, by the way, on just
29:04
hit 500 live viewers on YouTube again, over 1000 live viewers on
29:08
X and 100 live viewers on on Rumble.
29:12
If you guys guys are enjoying the show and of course you're
29:14
streaming to noster. Of course, if you guys are
29:16
enjoying the show so far, make sure to smash that like button
29:19
really really helps with the algos.
29:20
But I'll push this on to you, Opti.
29:22
You're you're calling me a doomer referencing yesterday's
29:26
show. My response to you is like,
29:29
dude, like, you know, if if they turn on the money printers, we
29:34
might have a crazy V shape recovery, right?
29:37
Like extremely, extremely quickly and it it it could blind
29:41
side people actually. 100% that was kind of my, my, my take when
29:48
I was talking about my, my, my friend saying he's scaling out
29:54
the, you know, there's a lot of, there's a lot of Black Swan
29:56
events and, and obviously we couldn't really forecast this,
29:59
but it, it does seem like that is coming.
30:02
And, and again, you know, shouts out to, I forget his guy's name,
30:06
Shino Abe, I believe, But I, I talked to him this morning and
30:11
he told me the bull run's not over, Nico.
30:13
They are turning on the money printer.
30:15
So they might have just saved the printer or the bull run by
30:19
turning on the printer. I don't know.
30:21
I I don't know, I just stay bullish here, OK.
30:23
Yeah, So for anyone doesn't know, this meme is is a very
30:26
famous Japanese politician who was very close with the Trump
30:31
administration. And he unfortunately got
30:32
assassinated. But there was a meme of, of, of
30:36
him that was going viral, of him saving Trump's life, you know,
30:41
from the afterlife, which you know, it's, it's well.
30:45
He also might have just saved the bull ride.
30:47
There you go. So Opti's making another meme
30:50
out of it as well. So anyways, guys, it's going to
30:52
be an incredible show. We're at 509 viewers on YouTube
30:55
alone. Again, shout out to everybody
30:57
watching live and we have a very special call in guest today, the
31:02
founder of Silent Link. You guys are going to want to
31:06
stay tuned. We're going to be talking about
31:07
that during the culture segment, guys.
31:10
We're going to hit the number segment.
31:12
We're going to be right back in just a little bit.
31:22
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All right everybody, we are back.
32:36
At the time of recording, the Bitcoin price is 83,520 block
32:41
height 924,595 block height 1.67 trillion Bitcoin versus gold
32:49
market cap 5.79% decline from all time high.
32:53
It's at 33 .8%. So if you're buying Bitcoin
32:56
right now, you're getting it at a 33% discount.
33:00
Anyways. I saw Representative Warren
33:02
Davidson go on legacy, I think it was, yeah, legacy financial
33:07
media yesterday and talk about eliminating long term capital
33:13
gain or I think capital gains tax for Bitcoin, which could be
33:17
absolutely massive. You keep hearing this get
33:20
brought up. Trump has brought it up.
33:22
Warren Davidson has brought it up.
33:25
Scott Besson has brought it up. So you keep hearing this over
33:28
and over and over again and again.
33:31
The more you say it, the more you manifest it, the more it
33:34
gets into people's minds. Jack Dorsey has been a huge
33:38
proponent of this, right? So again, Bitcoin is money.
33:42
But if, if you can't, if you have to account and do a capital
33:46
gain or capital loss every time you use Bitcoin becomes very
33:51
inconvenient for to use. So what they're trying to pass
33:54
in Congress, again, Congress is heavily divided is they're
33:57
trying to pass like an exemption, right?
33:59
So under a certain amount of money, if you use Bitcoin, you
34:03
know, you get exempt, you don't have to pay the capital gains.
34:06
Of course, this has not been signed into law, but you know,
34:11
this is, this is what a a lot of people are, are, are a lot of
34:15
people in Congress in the halls of power are trying to push.
34:18
So let's check out this clip and then we'll talk about it.
34:22
Congressman Warren Davidson is introducing a new bill to codify
34:26
Trump's executive order for AUS Bitcoin Reserve.
34:29
Congressman Davidson joins me now.
34:32
Congressman, a series of questions here.
34:34
Number one, what is a Bitcoin reserve?
34:36
What does it do and how do you build it?
34:40
Well, first of all, the president created a strategic
34:43
reserve of Bitcoin in part because the United States
34:47
government didn't have like a single custodian.
34:49
You had every agency in the government that might have had
34:52
an asset seized, an asset or anything else, any kind of
34:56
digital asset, they, they didn't have custody of it.
34:59
So they were losing track of the private keys.
35:01
So essentially when you lose your keys, you lose, it's like
35:05
losing a pile of cash. So they created an organized way
35:08
and put it under treasury to say, hey, we're going to have a
35:10
single custodian for all of the Bitcoin, kind of like Fort Knox
35:14
for crypto, right? And then they said, well, not
35:17
all cryptos created equally. Bitcoin we want to hold on to
35:20
it's an appreciating asset over a long period of time.
35:23
Some of these other things, we should just sell them off and
35:26
buy more Bitcoin. But they wanted to do it in a
35:28
deficit neutral way. And I think a lot of people have
35:31
been like, well, well, how else do you put money in there?
35:34
And so we're introducing legislation that not only
35:37
codifies that executive order. So there's a common sense way to
35:41
have custody for the Bitcoin and other digital assets, but you
35:45
can contribute. So when you pay your taxes, you
35:48
can pay your taxes in Bitcoin. So Bitcoin is currency in that
35:51
sense, and there's no capital gains.
35:54
So for people that have held Bitcoin for a long time, they've
35:57
experienced significant capital gains.
35:59
When I first took office in 2016, Bitcoin was 5 or $600.00.
36:03
Now, you know, over 90,000, it's reached higher but significant
36:08
capital gains. So if people simply contribute
36:11
so so pay your taxes, exempt that.
36:14
So if if I want to pay my taxes, I want to pay it with Bitcoin, I
36:17
pay with Bitcoin and there's no capital gains tax because I've
36:22
clearly I've made a profit on Bitcoin very probably, but
36:24
there's no capital gains taxes if I'm paying my taxes that way.
36:27
That's it. You've exempted it, right?
36:30
That's right. And you know, people say, well,
36:32
why would you do that? Well, one, yeah, it's a way to,
36:35
in a deficit neutral way, load up Bitcoin.
36:38
You say, well, but you forgo the capital gains.
36:40
Yeah, but it's also been an appreciating asset.
36:42
So if 1% of the country had been paying their taxes in Bitcoin,
36:46
you would have had a $12 trillion of gain over the last
36:52
10 years. Now, you know, as they always
36:54
say in the financial world, past performance does not guarantee
36:56
future returns. But if you look at it, the
36:59
supply in the long run is fixed in the demand is it is big not
37:03
just in the United States, but globally.
37:05
So there are there are a lot of other.
37:06
So absolutely massive. Again, more initiatives.
37:10
Now does he have the votes to pass this in the House?
37:13
No, absolutely not. The probability that this gets
37:16
passed is, is, is very low. You know, Senator Lummis, you
37:20
know, with Bitcoin Act 2.0 again put pushing these bills forward.
37:24
But I will talk about the wins, the Genius Act, the stablecoin
37:28
Act in the United States, it's a big win.
37:30
And then the Clarity Act, which looks like it's going to pass.
37:34
And that's why you see the legacy media attacking the
37:38
industry as a whole. You see articles from the New
37:41
York Times, you see articles from the Financial Times, and it
37:44
all seems like it's coordinated, right?
37:46
All at the simultaneously at the same time.
37:50
What a coincidence, right? It's because they don't want the
37:53
clarity Act to pass. They don't want the Clarity Act
37:55
to pass because again, that further entrenches Bitcoin and
38:01
the into the traditional financial system.
38:03
So anyways, I'm going to pass it on to Opti Opti.
38:06
I mean, that would be huge, man, because of that's a lot of tax
38:09
savings. Like I know that Mister Hoddle,
38:11
like one of his biggest gripes, like one of the biggest things
38:14
that he cares about is like, look, like don't really care
38:17
about a strategic Bitcoin reserve.
38:18
Don't really care about any of this.
38:20
But you know, getting rid of long term capital or getting rid
38:23
of capital gains on Bitcoin would be massive.
38:27
Yeah, I mean, I, I've said it before, if the Trump
38:29
administration does that, then undisputed go Bitcoin superpower
38:33
of the world. Though my, my real question
38:36
through that is maybe I'm nitpicking here and obviously we
38:41
don't have more data here, but is that just eliminating capital
38:44
gains if you pay your taxes with it?
38:47
Or is that across the board? If it's across the board, sounds
38:51
great. If it's just an A kind of an
38:53
exemption for paying your taxes on it, I don't know if it's the
38:57
the win we think it is. It's definitely not a huge win,
39:01
but I think it's definitely moving things.
39:03
I guess it's moving the Overton window, moving the Overton
39:06
window. We have a window behind us with
39:09
a beautiful sun, sunrise, and it's moving that window ever so
39:13
slowly. It's moving the window moving.
39:16
You should do the smooth transition man.
39:18
Smooth. OK, wait, how do I do that
39:20
again? The smooth here we go.
39:22
The smooth transition bro. There we go.
39:25
See batter. But anyways, guys, it's going to
39:29
be a great show. I do want to ask I I I do want
39:32
to ask admin admin, do you have any thoughts on this real quick
39:36
before we move on to the next segment?
39:41
We are actually a global company and we have people from pretty
39:46
much a dozen countries of the world.
39:50
So they all have different laws about capital gains.
39:54
Some of them have this text, some of them do not so difficult
39:59
to have one position, but we are definitely against tax in any
40:03
form. Absolutely.
40:05
I I completely agree with you there clearly, clearly admin is
40:10
a hardcore bitcoiner. Love this, right?
40:12
Love this. Yes, decrease the size of
40:14
government. I completely agree.
40:17
And you know, it's, it's yeah, yeah, I not a big fan.
40:22
Not a big fan. It is the law, but it's not a
40:24
big fan of taxation, obviously. All right, everybody, it's going
40:27
to be a great show. We're going to head into.
40:29
I don't know if we should do a switcheroo Opti and we should
40:32
hit the culture first. Talk about silently 'cause I
40:35
know. Yeah, yeah about it.
40:37
All right, so we're going to we're going to hit the culture
40:39
first. Ladies and gentlemen, we're
40:41
going to talk to Admin about his product, Silent Link.
40:46
We're going to ask him all the questions.
40:48
We're going to be right back in just a bit after this commercial
40:51
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All right, everybody, I do want to pull up admin's websites.
43:00
We're going to be talking about silent link today.
43:03
Again, if you guys appreciate privacy, you guys definitely
43:08
want to check out admin's website.
43:12
And again, we'll, we dropped a link in the description.
43:17
Of course, this is legal. You know, you can do this.
43:21
This is just about maintaining your privacy.
43:25
You can pay in Bitcoin, you can pay in Monero, you can pay in
43:31
lightning and USDT and other cryptos.
43:35
But but yes, I, I love what admin was saying in the
43:39
beginning about, you know this, about, you know, about him being
43:46
a bitcoiner and him thinking about being Bitcoin first.
43:50
So admin, I'm going to, I'm going to ask you some questions,
43:52
man. How did you develop this?
43:55
You know, the, the, the, you know, again, I love the no, the
44:00
no borders out of the no borders concept.
44:03
I love the fact that it's no KYC required.
44:06
You know that's it's it's legal for this specific type of
44:09
service and I love that there's no data limits.
44:14
You know, could you talk a little bit more about this
44:16
product 'cause this product seems like it's built for you
44:19
know, Bitcoin privacy minded people yes, this product is
44:25
built with bitcoiners interests in mind and targeted for
44:31
bitcoiners. Of course.
44:33
Actually it appeared thanks to Meta Dell who several years ago
44:39
we put a lot of effort into promoting BTC Pay Server.
44:44
At this time we were, we are actually resellers of telecom
44:48
services for more than 15 years and we got interested in Bitcoin
44:53
more than 10 years ago. So we kind of looked at this and
44:58
after BTC Pay Server appeared and we deployed it on our
45:03
server, we just looked at this beautiful user interface and
45:09
instantly I wanted to fill it up with numbers.
45:12
So I was just looking for the products.
45:15
We were in discussion for a long time and finally it seems
45:21
arrived that we can sell just globally and provide services
45:25
globally. So the products kind of meets
45:29
the market here. We got the product that
45:33
Bitcoiners want and we finally, we found the best audience for
45:41
this product. This is a paying audience.
45:46
This is a very loyal audience and it doesn't produce any
45:51
abuse. So it's perfect.
45:53
Yeah, absolutely. So guys, yes, you know, it has,
45:58
you know, has all the information on silent dot link.
46:02
And again, this is, you know, this is, you know, this is
46:06
respecting your anonymity as a bitcoiner.
46:10
And again, you can pay with with Bitcoin, right?
46:14
So very, very cool stuff. Again, if you're a global
46:17
traveler like I am, I have to go to conferences all the time, you
46:22
know, and again, sometimes I have to cross the border and you
46:26
know, my, my, my SIM card doesn't work right.
46:29
You know, this is the perfect product for you as a bitcoiner.
46:32
Also, too, I, I, I have personally, I have multiple
46:36
phone lines. You know, I think it's a, it's a
46:39
great way to, you know, to, to protect your privacy and your
46:43
anonymity. You know, I have a family phone
46:46
line, I have a personal phone line, I have a business phone
46:49
line. So, you know, again, like these
46:51
are all things that you can do to protect your privacy because
46:55
what a lot of people are doing, I don't recommend using a phone
46:59
number for two factor authentication, but some people
47:03
still do that. And the problem is that when
47:05
these huge data leaks happen, like the one that came out of
47:08
Ledger where Ledger just leaked people's name, addresses, phone
47:13
numbers, what what tends to happen is the attacker knows the
47:16
phone number. And if you have your two FA set
47:20
with your phone number, well, guess what?
47:22
They know your name, they know your phone number.
47:25
And, you know, that's been one of the most, that's been one of
47:28
the most crazy attacks that that happens, right?
47:33
That people find out they, they they call the phone company and
47:37
they try to convince the phone company to switch the number to
47:41
a number they can control. And then they start receiving
47:43
your texts, they start receiving your calls.
47:45
And then that's how they take over your accounts.
47:48
But if you have a, a, a, you know, private lines, you know,
47:55
that's a, that's a very way to mitigate the very good way to
47:59
mitigate against that risk, right?
48:01
So yeah, go to silent dot link. You know the the Co founder
48:06
admin he's a hardcore bitcoiner. Again, they take Bitcoin, they
48:10
take lightning, they take other alternative cryptocurrencies,
48:14
they take tether and again experience borderless
48:19
connectivity. 160 countries with no KYC data limits or
48:24
expirations. Just pay as you go and enjoy
48:27
uninterrupted service. No borders works automatically
48:31
and 160 plus countries, no KYC required, no data limits, pay as
48:38
you go, flat fee, no data limits or speed throttling, no
48:42
expirations. Funds and accounts never expire
48:46
very self-explanatory, not complicated whatsoever.
48:49
So if you guys want to find out more, go to silent dot link
48:53
today. I also want to thank the the
48:56
founder admin for joining us on today's show admin.
49:00
Thank you so much for joining us man.
49:01
I appreciate it and I love what you're building.
49:03
This is a product for bitcoiners and it seems like it's been
49:06
built by bitcoiners. Thank you very much.
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It's a pleasure for us. Thank you.
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Thank you for joining us admin Appreciate it.
49:15
So guys, again, go to silent dot link if you want to find out
49:19
more guys stay tuned. We're going to hit the news
49:22
segment. We have tons to cover today.
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We're going to be right back just a bit.
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So again, you want to get it. You don't want to get it today
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I don't know. Yeah, discount work on that too.
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Probably don't use the simply Bitcoin discount 'cause you'll
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Use it. Both use it maybe?
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It will use them both. But anyways, let's get to
52:54
today's news. What are we talking about today?
52:57
So guys, this is crazy. I I could never have imagined
53:02
this. You had Treasury Secretary Scott
53:06
Besant was at the grand opening of the pub key, the famous
53:12
Bitcoin bar from New York. They opened another branch in
53:16
Washington, DC Think about all the cities.
53:19
Think about all the cities they could.
53:22
They could have opened one in Miami, they could have opened
53:25
one in LA, they could have opened one in Dallas, right?
53:28
For some reason, Opti still likes Dallas.
53:31
Dallas is great, all right. And, you know, they could have
53:34
opened one in California, but no, they chose Washington, DC
53:38
out of all places. That's extremely strategic.
53:41
And take a look at this. Treasury Secretary Scott Besant
53:47
was at the grand opening. So now you had President Trump
53:53
visit the Pub Key Bar in New York.
53:55
You had Senator Cynthia Lummis visit the Pub Key Bar.
53:59
Like, I mean, yeah, I think you got RFK to like it.
54:02
It's like basically it's like a rite of passage at this point
54:06
that they're going to this Bitcoin bar, right?
54:10
Which I think is a, a, a, a a big, big deal.
54:13
Anyways, moving on to the next bit of news.
54:17
Wait, wait, wait. Can I pop in here real quick?
54:18
Of course, I think. Like this is me speculating
54:22
here, but I I think the significance of this is.
54:32
Very. Underrated considering what
54:35
we're seeing from the Trump administration.
54:38
I know the price has been in the gutter this year.
54:41
It's like bitcoins last year. You know, it's potentially going
54:45
to be a negative year on the yearly chart.
54:50
But maybe I'm reading into this, but it does seem like this is
54:54
sort of some signal here of what is coming down the pipeline.
54:58
And I think this might be one of those moments where you see
55:01
something like this and in a year or so you look back and it
55:04
was like it was so obvious. It was so obvious what's going
55:07
to happen. But but I mean, you could, you
55:10
could write this off as like just a nothing burger.
55:12
But I think the fact we have, you know, Treasury Secretary, or
55:15
is it secretary? It's Treasury Secretary, Right.
55:19
All right, the, you know, the Treasury Secretary of the United
55:22
States hanging out at the grand opening of a Bitcoin bar.
55:26
I don't know. I mean, it, it does seem like a
55:29
pretty significant moment, even though it's like a nothing
55:32
burger. It's like, OK, a guy goes to a
55:34
bar, like who cares? It's like a the start of a bad
55:36
joke. But I, I think in hindsight,
55:38
we're gonna look back on this and it's gonna be like, yeah,
55:41
that was obvious. No, it's huge.
55:43
I mean, it's massive, bro. Like it's, it's literally
55:46
massive. Like the fact that the United
55:48
States Treasury Secretary remember we went from Oh my God,
55:53
I forgot her name. What was her name again?
55:56
Janet Yellen to Treasury Secretary Janet Yellen, which
56:01
like they they attacked the industry in so many different
56:06
ways To Treasury Secretary Scott Scott Besson going to a Bitcoin
56:12
bar, right? Like it, it, it literally
56:15
couldn't go from one extreme to the other, even if you try.
56:19
Like the reality is stranger than fiction.
56:23
This is, this is like way out of what we would have expected.
56:29
Like I, I can't even believe this, this even happened.
56:32
Like, I can't even believe that you have a pro Bitcoin president
56:34
in the White House, right? So, yeah, pretty crazy in my
56:39
opinion. I think the significance of it
56:41
is huge. Next thing I'll I'll put out
56:44
today guys and then we'll we'll wrap up the show is a post by
56:51
Alpha Zeta. He's going to be coming back.
56:53
He's going to be coming back real soon.
56:55
You guys are going to be hearing more about him.
56:57
But anyways, days of glory, months of pain.
57:02
Below is BTC data to 2014, ranking draw downs from an all
57:07
time high. We're currently sitting in draw
57:10
down #7 out of 74 episodes. Does it mean we're bottoming?
57:16
Impossible to know. The Hall of Pain so far. 20/17
57:22
to 20/18/83 percent. 2021 to 2020 276% 2014 to 2015 Sixty one
57:31
percent 2021 Q 253 percent 2025 October to November 34%.
57:41
Ongoing crashes are violent. Usually recoveries are slow,
57:46
boring and emotionally exhausting.
57:49
But again, BTC is unpredictable. Look at the big cycles. 2014 to
57:56
2015 a 119 days down 335 days to get back to the old high. 2017
58:05
to 364 days down, 716 days to reclaim the peak. 2021 to 2020,
58:14
two 378 days down 469 days to a new high.
58:21
On the bigger ones, recovery can take around 2 times longer than
58:26
the fall. Zooming out, every one of those
58:29
red horror shows eventually became a tiny dent on the left
58:35
side of the chart. And this is what he's talking
58:38
about right? Most people only remember the
58:45
all time high print. What we actually live in live is
58:49
drawdown. If you want the few days at all
58:53
time high, you have to survive months in -30 to -50 from the
58:58
top purgatory occasionally visits to -70 to -80% AK hell.
59:08
This is why positioning, size and time horizon matter more
59:13
than any price target. Bitcoin rewards patience
59:17
brutally and punishes leverage. Amen to that.
59:22
So guys, we're going to leave it at that for the Friday show.
59:26
Hope you guys enjoyed it. Hope you guys go check out
59:28
Silent link. Very, very thankful for for him
59:32
joining us on the show today. And yeah, guys, if you guys
59:36
enjoyed today's show, you know to do smash the like button,
59:39
share it with your friends and we'll see you guys back on
59:43
Monday. And hopefully the price isn't at
59:45
50K at that point. So Nah, not gonna happen.
59:50
Anyways, guys, enjoy the weekend.
59:52
Spend time with the. Fam go outside, get some sun,
59:55
touch some grass, we'll be back like always.
59:57
Love y'all, see you guys later. Today's episode was brought to
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you by bitcoinwell.com, a Bitcoin only platform on a
1:00:05
mission to enable financial independence.