Latest / Simply Bitcoin / Will The U.S. FREEZE Your Money Next? (Iran's SHOCKING Bitcoin Warning) | Bitcoin Simply
Transcript
- 0:00Right now, the world looks like it's breaking down.
- 0:02We've got a war in Iran, energy prices are skyrocketing, private
- 0:05credit starting to crack, and AI is threatening jobs.
- 0:08And the market is responding to Bitcoin in two ways.
- 0:11Bitcoin is going to die. I don't I.
- 0:13Don't mess with it. You think Bitcoin is going to
- 0:15you touching nothing with crypto?
- 0:16I don't. Touch it.
- 0:17We've got a war in Iran. We've got a spike, at least for
- 0:21now, 8 day spike in energy prices, We've got AI disruption
- 0:25concerns, we've got cracks, cracks in private credit and we
- 0:28have a weaker jobs report. How do you invest right now?
- 0:31Buy Bitcoin. The US government just proved it
- 0:34can shut an entire country out of the global financial system.
- 0:37Scott Besant lays out how the US started its war with Iran back
- 0:41in November of last year and even caused their currency to
- 0:44collapse. So here's the real question.
- 0:46If the dollar system can be weaponized, then what is money?
- 0:49Because while people still argue about Bitcoin, the 20 millionth
- 0:53Bitcoin was just mined and companies like MicroStrategy are
- 0:56buying 10s of thousands of Bitcoin at a time.
- 0:58Today I want to show you why. The war in Iran, the cracks in
- 1:00the private market, and the weaponization of the dollar
- 1:03might just be the best thing to ever happen to Bitcoin.
- 1:05When the world finally understands Bitcoin and its true
- 1:08value, there's going to be none left.
- 1:10This is Dante Coca Bitcoin. Simply, let's go.
- 1:17Bitcoin is a resilient asset that is really serving as global
- 1:20insurance. And so anytime that there's
- 1:21chaos in the world, there's going to be people who run to
- 1:23Bitcoin. Gold also serves as that use
- 1:25case. But I think that more and more
- 1:27people, especially as young people get a little bit older,
- 1:28they get a little bit more money, they start to go and they
- 1:30buy Bitcoin in times of uncertainty.
- 1:32And I think institutions also, what is misunderstood is that in
- 1:35the institutions, the young people 10 years ago, they're now
- 1:38rising to the role of the portfolio manager or the CIO.
- 1:41And so they also will start to continue to add Bitcoin into
- 1:43their portfolios as well. And I think you see Bitcoin
- 1:46performing pretty well given what's happening right now.
- 1:48When asked how he is positioning his portfolio amidst of all of
- 1:51this global chaos, Pops answers sounded simple.
- 1:54Buy Bitcoin. But the reason he's saying this
- 1:56is deeper than most people realize.
- 1:58Here's why people are moving away from the traditional
- 2:00system. President Trump gave the order
- 2:04for Treasury to exert a maximum pressure campaign on Iran.
- 2:09I said it a speech at the Economic Club of New York in in
- 2:12March that I predicted that the Iranian currency would collapse,
- 2:18that we would see the economy collapse thanks to this maximum
- 2:21pressure. So we have been softening the
- 2:25softening up the economy and preparing the ground for what
- 2:29our great warriors are doing right now.
- 2:32So the Iranian economy was vulnerable.
- 2:36We cut off the dollar supply into Iran.
- 2:39All of their oil is sanctioned. We've been able to keep the
- 2:42funds, many of the funds out of, out of Iran.
- 2:46One of the largest banks collapsed in December.
- 2:49The central bank was forced to print a huge amount of money.
- 2:53Inflation ensued and people took to the streets.
- 2:56So there was an economic crash in Iran in December.
- 3:01And now we have the opening to go in and they are our military
- 3:08is taking over from the sky and from the sea.
- 3:11This is probably the most mind blowing clip I've seen in a long
- 3:14time. the US has been coordinating an attack on Iran
- 3:17since late last year. The Treasury cut off Iran's
- 3:20access to dollars, collapsing their currency and freezing
- 3:23their capital markets altogether.
- 3:25And there's people that still say that the dollar system is
- 3:27neutral. It's not.
- 3:28It's a weapon. And once the world sees that,
- 3:30people are going to start asking the question, what happens if
- 3:33I'm next? And the world is starting to see
- 3:35the signs of cracks are starting to show.
- 3:37And that's why smart people are opting out of the system by not
- 3:41using the traditional banking system.
- 3:43They're using companies like Eden, which allow you to unlock
- 3:45liquidity in your Bitcoin without selling your Bitcoin.
- 3:48Never sell your greatest asset, borrow against it at rate
- 3:51starting it just 12.4% with no credit checks and the money gets
- 3:54in your account in less than six hours.
- 3:56It can be repaid at anytime and you don't have to rely on the
- 3:59global banking system. Go to learn dot leaden dot AO
- 4:03slash simply to get started. Now, while all of this
- 4:05geopolitical tension is rising, another problem is quietly
- 4:09forming. It's in the private credit
- 4:11markets. Some analysts warn that a
- 4:13private credit defaults approach 15%, that it's just going to be
- 4:16in the private credit markets. Well, that's not true.
- 4:19If the private credit market crashes, the entire market is
- 4:22likely to crash. Here's a clip from John Zito,
- 4:25the CEO of Apollo Asset Management, one of the largest
- 4:27private credit players in the world.
- 4:29I think there's still a complete misunderstanding of what that
- 4:33represents in the economy, meaning 8000 private companies
- 4:38broadly diversified. Obviously some asset managers
- 4:40more than others. But if the private credit market
- 4:44goes through, as UBS said, a 15% default rate, the idea that the
- 4:48public high yield market, the public equity market, all these
- 4:51public markets would be completely fine while the entire
- 4:55private debt market melts. The the likelihood of that is
- 4:59extremely, extremely low. And it's been interesting to see
- 5:03how the public markets will say that this will have a very big
- 5:06problem, but everything else will be fine.
- 5:08Do you reject that type of assessment by Matt Mesh over at
- 5:10UBS? Listen, I think if you read the
- 5:14piece, it was a little bit taken out of context.
- 5:16I think it was kind of his severe bear case and it there
- 5:20there's some probability that that can happen.
- 5:22And again, anybody can go out and say that the tail looks like
- 5:25this and it could. But to say that it will only
- 5:29happen there and that we shouldn't be worried about all
- 5:31these other markets when in fact we're senior debt on all these
- 5:36other markets that again, not, not really logic behind that,
- 5:40but for whatever reason, it's definitely the the story of the
- 5:43day. Well, this is him responding to
- 5:45a hit piece written about him about what happens if private
- 5:47credit is wiped out. Think about that for a second.
- 5:49There's trillions of dollars affecting thousands of companies
- 5:53sitting outside of traditional banks.
- 5:54This is all at a time with rising rates and slowing growth.
- 5:57When the credit breaks, there's only two options and let free
- 6:00market capitalism play out or print money in paper over it.
- 6:04This is the path that Bitcoin billionaire Arthur Hayes thinks
- 6:06that the central banks will take, because historically, they
- 6:09always do. The banks are bailed out by
- 6:12governments just like they always have been.
- 6:13So the central bank has it twice.
- 6:15Do I allow this credit destruction to happen in the
- 6:17free market to operate and, you know, bad credits to be worth 0
- 6:21and clear? Or do I do, like I've done every
- 6:24single other crisis, say, oh, the banking system's in trouble,
- 6:28there's all this debt that's worth 0 to keep the system
- 6:31going, I will underwrite it by printing the money to cover the
- 6:35losses. And that's how crypto goes up
- 6:37markedly, because all that liquidity flows to the scarce
- 6:40assets. Now while all of this is
- 6:42happening, you can realize while the central bank is breaking and
- 6:45they're printing money, that should be about the time when
- 6:48you start to remove your sovereignty out of that system
- 6:52and take it for yourself. Work with a team at the Bitcoin
- 6:54Way to set up your own bank, your own private node with your
- 6:58own private keys. And don't be worried about being
- 7:00shut out of the financial system like Scott Besson in the US
- 7:03Treasury did to Iran. Be sovereign.
- 7:05Get an expert to help you learn how to do this the right way.
- 7:08Schedule a free 30 minute meeting with the team at the
- 7:09bitcoinway.com/dante. Now while all of this was
- 7:13happening, something crazy happened in the Bitcoin network.
- 7:15The 20 millionth Bitcoin was 95% of the entire supply is out
- 7:20there. That means that the supply
- 7:22coming onto the market from now until when Bitcoin completely
- 7:25almost stops and never completely stops, it's going to
- 7:28be really small and demand is rising.
- 7:30Companies like MicroStrategy are buying almost 18,000 Bitcoin at
- 7:34a time for $1.28 billion. They own over 738,000 Bitcoin,
- 7:39or more than 3% of the total supply.
- 7:41And that's the thing. When the world finally starts to
- 7:43understand Bitcoin, it's going to be too late and there's going
- 7:46to be none left to buy Now. Not everybody sees it that way.
- 7:50Let's go back to the Terrence Howard clip.
- 7:52Bitcoin is going to die. I don't.
- 7:53I don't mess with it. You think Bitcoin is going to
- 7:56you touching nothing with crypto?
- 7:57I don't. Touch it.
- 7:58Tell me why you think it's going to.
- 7:59Well, I just got a call from somebody couple days ago and
- 8:03said, hey, if you got 25,000,000, you know you can
- 8:05make 75,000. I just want to put it inside of
- 8:08an account to do some stuff. And this is a friend of mine and
- 8:12I was like, do you realize that that Bitcoin is still based on
- 8:15Fiat? It's still and, and because the
- 8:19dollar is decreasing in its value, because the uncertainty
- 8:24of war around, nobody wants their money and something that
- 8:28can be wiped out with a with a push of a button somewhere.
- 8:32I've I've just stayed, I've I've stayed free and clear of it
- 8:36because it's been dropping a great deal.
- 8:39And to be fair, this is a normal thing that a lot of people fear.
- 8:42They look at the war, they look at volatility, and they assume
- 8:45that Bitcoin is a risky asset, one that can be cut off at a
- 8:48push of a button. But that's not entirely true.
- 8:51That's not how the Bitcoin network works.
- 8:52What's actually risky is having your money in the existing
- 8:55banking system, which Scott Besson in the United States
- 8:57government just proved they can shut you off at any time.
- 9:00What's riskier, the system that's sinking or the escape
- 9:03hatch? The Titanic or the life draft on
- 9:05the out of the boat? Bitcoin was created after the
- 9:08financial crisis. It was designed for a world
- 9:10where institutions fail, currencies collapse, and the
- 9:13trust fails in the system. War is exposing the assumptions
- 9:16that everybody held so dear in real time.
- 9:18It's exposing that financial sanctions are still a real
- 9:21thing. Debt is exposing the fragility
- 9:23of the credit system, and scarcity is exposing the value
- 9:26of a financially scarce asset like Bitcoin.
- 9:29People think Bitcoin is just another trade, but moments like
- 9:31these reveal what it actually is.
- 9:33A parallel system, an alternative network work.
- 9:36A form of money that the government cannot turn off.
- 9:39And the more the world sees how the current system actually
- 9:41works, the more valuable the alternative comes.
- 9:44But you'll be ready because you subscribe to the channel if you
- 9:46already have it. This is not to cook with
- 9:48Bitcoin, simply happy stacking. One of the ways you can continue
- 9:52to stack while also securing the network and becoming a more
- 9:56sovereign individual is buying Bitcoin not just through spot,
- 9:59but through mining. But you don't know how to pick
- 10:01the right machine. You don't know how to set it up,
- 10:03you don't know how to maintain it.
- 10:04You don't know how to keep it running all the time.
- 10:06You don't know how to do the repairs.
- 10:08Outsource that to the team of SAS Mining.
- 10:09Use the QR code to get started with Bitcoin mining that's
- 10:12hassle free and done with 100% clean renewable energy.
- 10:16Get SAS flowing right directly to your wallet and stay
- 10:18sovereign. We're out.