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Is Trump's Plan ACTUALLY Working?!? | Simply Originals · Simply Bitcoin

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  Let's start out with the most important news of the week, the
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  jobs report. The crazy part about this jobs
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  report is that the government's role in the jobs number was its
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  lowest ever. Despite a lot of skepticism
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  about Trump's plan for America First tariffs and reassuring the
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  plan is actually working. Here's what Scott Besson had to
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  say about the plan on CNBC this morning.
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  Their numbers were more than 170,000 and government jobs were
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  reduced by more than 40,000. More than 30, 30,000 of that was
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  federal jobs. We're at the lowest ratio of
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  government jobs to total jobs since 1966.
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  And this is part of President Trump's plan to re privatize our
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  economy. And I, I think as I've said many
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  times, 2025 is about setting the table. 2026 is going to be a a
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  banquet for the American people. 2026 is going to be even better
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  year than 2025 for the average American.
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  Going back to your friends and telling them that you were wrong
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  about Trump's plan all along is going to be more awkward than
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  the conversation about who's going to be big spoon and little
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  spoon in the double S men's luge.
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  But despite the crazy jobs report, the market is getting
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  smacked like the United States by Norway and Italy.
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  In the Winter Olympics on Thursday, $3.6 trillion of
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  market cap was wiped out in 90 minutes.
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  Gold was off 3.76%, the S&P 500 off 1%, the NASDAQ off almost
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  2%, Bitcoin down 5% And silver said you thought you were
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  volatile. Bitcoin hold my beer.
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  Silver prices fell 10% in nearly 30 minutes, below $76.00 an
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  ounce. The real estate giant CBRE
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  plunged 12% on Thursday. The only two times where the
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  stock has fallen more were during COVID in the Great
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  Financial Crisis. It's actually off more than 30%
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  over the last two trading days. For the first time in history,
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  Walmart trades at a 45 times price to earnings ratio, while
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  Amazon, the future tech giant, one of the most profitable
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  companies in the world, trades at just 21 times future
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  earnings. Maybe that sugar high from COVID
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  is wearing off. Speaking of sugar, sugar is at
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  its lowest price since COVID. Over the last eight sessions,
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  115 stocks in the S&P 500 are down more than 7%.
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  Anytime that's happened, the market has had a drawdown of 34%
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  or more on average. So what's really going on right
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  now is late stage cycle behavior where volatility comes back in
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  and dislocations in the market cause investors to make a bad
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  decision. And it's because we're in a
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  major regime shift. Listen to what Senator Mark
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  Rubio has to say about America's role in questioning what's going
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  on between the old world and the new world.
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  The world is changing. Very fast.
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  The old world is gone. Frankly, the.
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  World I grew up in and we live in a new era at geopolitics and
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  it's going to require all of us for to re examine what that
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  looks like it what our role is going.
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  To be the old world is gone, According to him.
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  And when this happens, there's always a dislocation markets and
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  every single time there's any sort of downturn or volatility
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  markets, the Bitcoin bears and the haters come out of the
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  woodworks like Aunt Jemima Kelly saying that bitcoins going to 0,
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  Where do you actually think it's kind of value should be?
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  No, I do genuinely think its value is zero.
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  I think there is no inherent value to it.
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  I think that it has this pretend argument that it has scarcity,
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  but in fact, although it's true that there are 21 million,
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  there's going to be a total of 21 million bitcoins.
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  There is no limit to the number of copycat cryptocurrencies,
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  many of which can do more than Bitcoin can.
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  So you have to keep making this argument that Bitcoin is the
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  only one. That's the people who kind of
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  push Bitcoin as the only one, because it's the only way to
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  claim that there is any scarcity.
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  And basically what it's all based on is just belief.
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  And it's very hard to gauge what that belief is worth, right?
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  So I'm not going to claim that it's going to 0 tomorrow because
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  it might be because I'm basically would be betting on at
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  what point people people are going to stop to believe in it.
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  And there are people who have a lot of hugely vested interest in
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  them in IT, people like Michael Saylor who just mentioned.
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  Saying Bitcoin isn't valuable because other cryptos exist is
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  like saying that gold has no value because I have gravel in
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  my driveway like the Mona Lisa has no value because your
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  daughter can do finger paint. Like the Super Bowl ring isn't
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  valuable because you can buy a ring at Walmart.
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  Speaking of the Super Bowl, these Sam Donald T-shirts are
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  out of hand and I just ordered 1.
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  You get the point. Aunt Jemima Kelly is not the
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  only one. I love that Sam Smith song.
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  Ben McKenzie has come out the woodworks probably 1 of bitcoins
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  biggest bears and he's back and his takes are worse than ever.
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  You may have noticed the cryptos crashing again, like it did in
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  2022 and 2018 and 2013. You get the picture.
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  But there's something different about this crash that you need
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  to know about. Crypto has always gone through
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  boom bust cycles. But now, thanks to loosening
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  regulations, people can buy financial products that give
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  them exposure to Bitcoin and other cryptocurrencies through
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  the regulated stock markets. They're called ETFs, and over
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  $100 billion worth of crypto was bought by ETFs in the past two
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  years as the size of the market seemed to only go up.
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  But in October of last year, after Bitcoin briefly reached an
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  all time high price of $125,000, investors began to take some
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  risk off off the table and sell their shares of these ETFs.
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  The result? The price of Bitcoin and other
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  cryptocurrencies has nose dived. As of the time of recording this
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  video, Bitcoin is down nearly 50% in just four months.
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  So what happens now? Well, we'll see how much actual
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  money is backing these cryptocurrencies.
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  When people sell their shares of the crypto ETFs, the Wall Street
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  firms that issue them like BlackRock turn to the crypto
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  exchanges like Coinbase to actually sell the Bitcoin.
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  But if there aren't enough buyers, then the price starts
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  plunging. What's the floor?
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  Well, zero. So he's saying that the market
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  it is saying that the ETFs are going to sell off Bitcoin and
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  that it could go back down to 0. It's real value.
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  But when you listen to what the ETF issuers are actually saying,
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  BlackRock, the $13 trillion ETF manager, well, they're saying
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  the exact opposite. Their holders aren't the ones
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  selling. The misperception out there that
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  like it's a bunch of hedge funds in ETFs that are creating
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  volatility and and selling. That's not what we're seeing.
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  You look at I bit last week on a week that was tumultuous,
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  obviously in the Bitcoin market we had 0.2% of the fund redeem,
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  right. So if there actually were hedge
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  funds that were massively unwinding trades that they were
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  running in the ETF, you would have seen billions at we saw
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  many billions liquidated on these levered per platforms.
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  The ETF's have been very steady. It's a much more long term buy
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  and hold type investor base. Coinbase, the corporate rug
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  puller who I don't trust, but you do have to give them credit.
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  They've been in Bitcoin for as long as any company, and their
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  CEO, Brian Armstrong says he's more bullish than ever.
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  But Bitcoin remains the best performing asset class of the
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  past decade. We've been through cycles like
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  this many times at Coinbase. And adoption.
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  Continues to grow, regulatory clarity is on the horizon, and
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  I'm more bullish than ever. In fact, they just announced
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  that they bought $40 million worth of Bitcoin and they
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  continue to buy every week. The major reasons that Bitcoin
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  is by the dip is because they're investing for tomorrow and not
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  for today. They're not traders, they're
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  long term capital allocators. In the past Bitcoin because it
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  wasn't in ETFs, because it wasn't as broad based that
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  there. Wasn't the?
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  Kind of price discovery that's now available today and maybe
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  these prices are more realistic than what had been the case.
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  Before. Well, there's no doubt the asset
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  is seasoning and that's a good thing.
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  We just had an all time high Andrew four months ago, October
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  6th I believe. So if if you've got a time
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  horizon of less than four years, you're not really a capital
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  investor, you're a trader. And the traders are having a
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  field day with the volatility, good for them.
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  But the capital investors are looking out four years.
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  And if you look at a four year time frame, Bitcoin is 2 to 3X
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  the performance of the alternative capital assets and
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  and anything built on Bitcoin over a four year or more
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  timeframe is going to outperform for the same reason.
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  But that's just for Michael Saylor, one of the biggest
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  Bitcoin investors in the world. But what about someone like Gary
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  Vee, the wine connoisseur, the social media influencer, the ad
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  executive? He's buying Bitcoin because he's
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  thinking about it 13 years from now at today's prices.
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  I walk in here right now as bitcoins crashing, I'm
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  comfortable say out loud, I'm buying Bitcoin left and right
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  the last 48 hours 'cause I'm at cost averaging out like it was a
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  bucket and a quarter it's 68,000.
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  It can go down to 30,000. If I said here right now y'all
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  you have to buy Bitcoin and you guys air this tomorrow, I'm sure
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  you have a process but if you did and it goes from 68 to 42
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  people to be mad at me, but I'm saying 68 by now for 13 years.
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  From now and if you're like Gary Vee and you're thinking about
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  Bitcoin for 13 years, well, you don't want to sell your Bitcoin.
• 8:43
  So work with the leader, like letting so that you can unlock
• 8:46
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• 8:49
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• 8:56
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• 8:59
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  It's because they have responsible lending standards.
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• 9:12
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• 9:23
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• 9:25
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• 9:27
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• 9:30
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• 9:32
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• 9:40
  future in whatever future that may be.
• 9:42
  Scheduled a free 30 minute meeting with the team at the
• 9:44
  bitcoinway.com/simply Bitcoin. Back to Gary Vee, I love his
• 9:48
  long term mindset and I didn't realize that he was such a
• 9:51
  Bitcoin proponent. In a recent conversation with
• 9:53
  Cam Newton, he said that if you gave him 100K, he's putting at
• 9:56
  least 10 to 15% in Bitcoin. I got $100,000.
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  Knowing what you know, where should I invest it?
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  That's a really timely question. First of all, it depend.
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  Biggest issue, especially with youth culture is I got 100,000
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  and I want a million tomorrow and that's why people lose their
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  money. What's up my man?
• 10:21
  And so I would say that there's a couple ways to think about it.
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  It's ironic that you asked me right this second at a time that
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  Bitcoin is getting its face beaten big bitcoins at 60
• 10:32
  something 1000 on an asset that I think is this generations gold
• 10:38
  to one of the places to divvy up a little of that 100,000
• 10:41
  especially today, not four months ago, but today a little
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  1015 K into Bitcoin excites me. So when markets reset and
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  there's dislocations in the market, you have to understand
• 10:52
  that bad investors have their emotions go up and down and they
• 10:55
  make bad decisions. But the great investors, they
• 10:58
  don't ride their emotions or their motivations.
• 11:01
  They ride their discipline. This is a great clip from
• 11:03
  Ukrainian boxer Alexander Yusick, who talks about the
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  difference between motivation and discipline.
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  Listen bro, I don't have motivation.
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  I have discipline, motivation. It's temporary.
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  Today, for example, today you have motivation.
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  Tomorrow, wake up early, you don't have motivation.
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  But when I wake up early morning in training, I never have
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  motivation. I have only discipline.
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  By the dip, don't have motivation, have discipline,
• 11:43
  continue to execute whether it's an upmarket or a down market
• 11:46
  because over the four year term, in the long term, 13 years from
• 11:49
  now, like Gary Vee says, Bitcoin is going to be the asset that is
• 11:52
  going to be the new digital goal.
• 11:54
  So ignore what the haters are saying like Aunt Jemima Kelly
• 11:57
  and Ben McKenzie, focus on the future and focus on the long
• 12:00
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• 12:02
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• 12:04
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• 12:06
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• 12:11
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• 12:14
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• 12:29
  you can be disciplined in bear markets like this.
• 12:32
  This is Dante Cook with Bitcoin. Simply happy stacking.