Latest / Simply Bitcoin / Be SCARED If You Don't Own Bitcoin | Michael Saylor's $10M ENDGAME is Here | Simply Originals
Transcript
- 0:00Are you ready for the most bullish warning of our lifetime?
- 0:03You should be scared. If you don't own Bitcoin, you
- 0:07should be very, very worried. Billionaire Tim Draper just
- 0:13warned every country, company and family on the planet.
- 0:18And why should they be afraid, Tim?
- 0:20If the dollars that you own are suddenly worthless, what are you
- 0:26going to do? You better hold Bitcoin or
- 0:28prepare for a world of pain now. Draper was warning of currency
- 0:33and bank collapses, but there's a few more reasons you may want
- 0:37to hold some Bitcoin because the US Treasury is not going to
- 0:41spend less money. Donald Trump is not talking
- 0:45about how he's going to reduce spending.
- 0:47It's all about wartime spending. Jerome Powell is chalking up the
- 0:52deuces, saying farewell this afternoon, and in comes wash.
- 0:58We are entering a new era. So what's the end game?
- 1:02The end game is this $10 million Bitcoin.
- 1:06And Michael Saylor just said the $300 trillion credit market is
- 1:10about to send Bitcoin parabolic. You're talking about between 20
- 1:17and $100 billion worth of credit formation in the next 12 months,
- 1:23and there's only $10 billion of Bitcoin naturally available for
- 1:26sale. So I think that we're setting up
- 1:29a massive supply shock. There ought to be a rally and
- 1:33and BTC. We have a massive show today.
- 1:36Tim Draper's warning, Michael Saylor's engineered supply
- 1:40shock, what it means for Bitcoin, and what that future
- 1:44world of pain might look like. It was.
- 1:46Better after 911. You had more fun in this country
- 1:51after 911 than you are having right now.
- 1:55It's true you had more fun after 911 than you are having right
- 1:59now. Right now is one of the bleakest
- 2:03periods that I've ever lived through, and it's the most
- 2:06technologically advanced time that we have.
- 2:09The things that you can do technologically now are beyond
- 2:14anything that has ever been done in history.
- 2:18But in order to enjoy it, you have to be a sociopath.
- 2:21Strapped the hell in. We've got some insanely bullish
- 2:24developments to get to. Send it beta, people.
- 2:32I mean, I used to say, hey, buy some Bitcoin, it's fun, it's
- 2:36interesting. Might be kind of an interesting
- 2:39thing to hold on to. Now I say you better hold
- 2:44Bitcoin. If you want to protect your
- 2:48family, you want to protect your company, you want to protect
- 2:51your country, you better have some Bitcoin.
- 2:55In fact, it's irresponsible now for a company to operate and
- 3:01have a big treasury and not have some portion of that five, 1015%
- 3:07in Bitcoin because, well, when Silicon Valley Bank went over
- 3:12out of business, we almost saw the domino effect.
- 3:15We almost lost all the banks right there.
- 3:18And if that ever happens, you as leaders of your businesses are
- 3:24going to be responsible for payroll for at least two, maybe
- 3:284 weeks. If in Europe, if you're in
- 3:30Europe, you're responsible for payroll for years.
- 3:34And, and so you better have some Bitcoin on your balance sheet so
- 3:38you can make those payroll and, and keep your business afloat.
- 3:44If you run a family, if you manage a family's money, you
- 3:51want to have about 6 months worth of Bitcoin.
- 3:53Because if the dollars that you own are suddenly worthless, what
- 4:00are you going to do? And if you're a government and
- 4:04if there is hyperinflation in your government and the, the
- 4:09currency goes the way the old Argentinian peso or the Nigerian
- 4:15naira went and you don't hold any Bitcoin, your, your
- 4:19government coffers are worthless.
- 4:25So it's gone from, you know, telling people, hey, there's a
- 4:30really interesting opportunity to telling people you should be
- 4:35scared. If you don't own Bitcoin, you
- 4:39should be very, very worried. If the dollars that you own are
- 4:44suddenly worthless, what are you going to do?
- 4:47That question has never meant more.
- 4:49They've never been more relevant and been more prescient than it
- 4:53is today. The truth is, Draper is right.
- 4:57If the Fiat game comes to a screeching halt, your government
- 5:01won't be able to help you. Draper gave one of the best
- 5:04speeches at the Bitcoin conference.
- 5:06He explained how stable coins are Fiat.
- 5:09They're still tied to the government, still inflated with
- 5:11government spending. It's not like you get to control
- 5:14them. It's great to see the Tim Draper
- 5:17agrees. Your stable coins, that is Fiat
- 5:20slave money, that is the CBDC, Sly roundabout, digital
- 5:25panopticon. I don't know.
- 5:26I'm kind of into sly roundabout, sound money and freedom.
- 5:30Which way Western man should be easy.
- 5:33It's a 10th grade math. You know what's terrifying?
- 5:38If your government and currency goes the way the old Argentine
- 5:41peso or the Nigerian naira. That's why Tim Draper is saying
- 5:45you better hold Bitcoin. If you want to protect your
- 5:48family, you want to protect your company, you want to protect
- 5:51your country because those risks are real today.
- 5:55And the CBD CS social credit score grid is being pushed right
- 6:00now. More on that in a bit.
- 6:02But first we got a $10 million end game to get to.
- 6:06Well, I think bitcoins going to rally.
- 6:09I, I, I think there's a lot of capital flowing into Bitcoin
- 6:13right now. And at the rate that digital
- 6:17credit is forming and at the rate you saw our buy this
- 6:20morning, we bought the entire supply last week.
- 6:24Then Strive announced a massive buy.
- 6:27Then there's a massive bank credit coming online.
- 6:30All the big banks, JP Morgan City, Schwab, Morgan Stanley,
- 6:35Barclays, they're all coming online.
- 6:37So I think the formation of you're talking about between 20
- 6:43and $100 billion worth of credit formation in the next 12 months.
- 6:48And there's only $10 billion of Bitcoin naturally available for
- 6:52sale. So I think that we're setting up
- 6:55a massive supply shock. There ought to be a rally and
- 6:59and BTCI think that'll catalyze a rally and all the Bitcoin
- 7:03treasury companies, I think it will cause a rally and demand
- 7:07for digital credit. I think there'll be a rally and
- 7:10bank credit. I think, I think the Clarity Act
- 7:16will go through and there'll be a lot of very constructive
- 7:18guidance from the CFTC, Treasury and and the SEC.
- 7:24I think that that will accelerate digital assets
- 7:26innovation. You know, and what's the end
- 7:29game? The end game isn't that
- 7:31complicated. It's.
- 7:33Give a. Bank account an 8 to 10% a year,
- 7:37yielding high yield digital bank account to a billion people.
- 7:42Drive Bitcoin to $10 million a coin and make Bitcoin a $200
- 7:47trillion network until it grows higher and and give everybody in
- 7:52the world an alternative. To. 20th century credit
- 7:56instruments zero yielding bank. There's never been a credit
- 8:00instrument that grew in liquidity like this.
- 8:03It went from zero to 38 billion a year in run rate it, well,
- 8:07actually it's not even a year old.
- 8:09STRC is an absolute monster accumulator and that's for large
- 8:14institutions, pensions, etcetera.
- 8:17Oh, but wait, you're you're saying this is bad for Bitcoin,
- 8:21may be bad for the bears. So let me get this straight.
- 8:27You think people should buy Bitcoin?
- 8:30Well, yeah. Like, of course, as much as they
- 8:34can. Yes, of course.
- 8:36As much as they want because Fiat is broken and Bitcoin is
- 8:41scarce. Exactly.
- 8:44Great, so Sailor did that. No, that's bad.
- 8:49He didn't change the supply, didn't touch the code, didn't
- 8:52move your node, didn't get a single extra SAT printed.
- 8:56He just bought a lot. You literally spent 15 years
- 9:00saying Bitcoin was inevitable, then one guy believed you at
- 9:04scale, and now you're against the fire department because they
- 9:08brought too much water. That's it.
- 9:12Tall Here's what actually happened.
- 9:15Sailor embarrassed the small imagination of his critics.
- 9:18They thought adoption meant vibes and jpegs and bananas and
- 9:22your Hoohas and conferences. He saw a global capital
- 9:26structure starving for collateral and built a machine
- 9:29to convert Fiat into Bitcoin. The critics are standing outside
- 9:34the machine yelling it's too effective.
- 9:36Bitcoin doesn't care. The protocol doesn't care. 21
- 9:40million doesn't care. The problem was never that
- 9:42sailor betrayed Bitcoin. The problem maybe is that he
- 9:46believed in it a little harder than some people.
- 9:48Maybe you're new here. It involves something called
- 9:52conviction. So maybe you need to ask
- 9:55yourself, are you all in on the chair thing?
- 9:58But when you go all in on something, I would say that does
- 10:01take conviction. Now your.
- 10:02Conviction How many chairs are you sitting on right now?
- 10:07Are you all in on the chair? I am all in on the chair.
- 10:11Like, like the the point really is you put on one pair of
- 10:14glasses, you've got one pair of of.
- 10:17Air Pods. Right now you're looking at me
- 10:19through one screen. You're using one microphone.
- 10:23That's A1 microphone. Like you trust it is.
- 10:27That conviction seems kind of scary.
- 10:29Why don't you diversify? Why don't you use 10
- 10:31microphones? The point really is things in
- 10:34your life, did you drive in 10 cars at the same time or one car
- 10:38at one time? Do you drive down one St.
- 10:40Aren't you afraid that you're driving down one street?
- 10:44Do you take a different way? You know?
- 10:48So my point really is if you're an engine, you get A1 airplane.
- 10:52Are you convicted? You put your entire family in
- 10:55the one airplane. Aren't you afraid, ultimately,
- 11:00if you're a rational individual? Do you use when you use knives?
- 11:05Do you have copper knives, wooden knives, steel knives,
- 11:08aluminum knives, rubber band knives, diamond knives?
- 11:13Because you're afraid to commit to the right knife.
- 11:16It's a. It's a tool.
- 11:20Oh what a classic. It never gets old, but SDRC is
- 11:23for a certain investor. It's not immutable money, it's
- 11:27not censorship resistant. It's a financial product
- 11:31designed to entice that fixed income market, which is
- 11:35absolutely massive, as well as the weaklings who can't handle
- 11:39volatility or handle the volatility on their books and
- 11:43downturns. These are not people with
- 11:45conviction. They are investors who are stuck
- 11:50in a 3% Fiat purgatory. Now hate it or love it,
- 11:53whatever, it doesn't matter. And that doesn't change what is
- 11:57and what is is a rate of Bitcoin accumulation set to bring about
- 12:01deal. And that means if you want to
- 12:04protect your family from what's coming, all those things Draper
- 12:07talked about, you don't buy STRC.
- 12:10You take Bitcoin, real Bitcoin into self custody.
- 12:13If you want to learn how you can secure your generational wealth
- 12:17the right way, you're going to want to see our friends over at
- 12:20the Bitcoin way. Not your keys, not your Bitcoin.
- 12:23If your Bitcoin is on an exchange, it's in MSTRSTRC, it's
- 12:27in I bit whatever. That's not your Bitcoin, that's
- 12:31coin bases. Or Larry thinks the Bitcoin can
- 12:34be seized, frozen, restricted, you name it, all at the drop of
- 12:39a hat. Bitcoin held in self custody
- 12:41cannot be frozen, seized or restricted.
- 12:44The Bitcoin Way sets you up with ironclad self custody, proper
- 12:48hardware, your own node, full on chain verification so your
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- 13:13today. The Bitcoin one.
- 13:15OK, now you already got the big warning from Tim Draper, but
- 13:19there is another Timmy Dee who also has a warning about the
- 13:23future we seem to be sleepwalking into.
- 13:26You ever just sit back and think how insane the world is and it's
- 13:31going to get a lot weirder? We're about to bring it home
- 13:34today, but before we do, look at our likes 3 or 4 times maybe.
- 13:39I'll. Pump those numbers up.
- 13:40Those are rookie numbers in this racket.
- 13:41Inflation is out of hand. Affording a home making any
- 13:44major purchase is harder than ever.
- 13:46But did you know you can make loans to yourself and pay them
- 13:50off on your own time? Selling Bitcoin means taxes.
- 13:54Selling means exiting your position, selling means you
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- 14:48dot IO today. Silicon Valley must play a role
- 14:52in addressing violent crime. Many Oh, here we go.
- 14:54Here it is, here it is. Many politicians across the
- 15:01United States have essentially shrugged when it comes to
- 15:03violent crime, abandoning any serious efforts to address the
- 15:05problem. Agree on that or take any risk
- 15:08with your constituencies or donors in coming up with
- 15:10solutions and experiments and experiments in what should be a
- 15:13desperate bid to save lives. So here's what they're doing.
- 15:17They're basically saying, hey, we're we have technology.
- 15:22And when you read about some of this technology, it's predicting
- 15:24who's going to commit crime, OK, It's identified pre crime.
- 15:29There's all these things that, you know, Whitney Webb came on
- 15:32my street years ago to talk about.
- 15:33There's all these models of criminals that they're building.
- 15:37There's going to be it's going to be a cradle to the grave
- 15:41surveillance state where you were going to be surveilled on
- 15:47every medium in every capacity, in every way.
- 15:51They're going to build predictive models on on your
- 15:54behavior. And if you're you're in a high
- 15:56risk category for crime, there's ways to get rid of crime.
- 16:00By the way, without Palantir. We did it in the 90s in New
- 16:03York. People, people do it all over
- 16:04the place. Crime is actually kind of low.
- 16:07You know, if you provide people economic opportunities, if you
- 16:09have a well funded, well trained police force, if you have public
- 16:13spaces that are are kept up, if you all of these things are
- 16:16important, if you enforce the law and you don't, you know, if
- 16:20you don't let large homeless encampments become open air drug
- 16:24market, all of these things can help.
- 16:26But what Palantir, they're not talking about any of that.
- 16:28Be very clear. They're not talking about, you
- 16:31know, getting homeless people off the streets or, or making
- 16:34sure the police are funded and trained and capable.
- 16:38They're talking about predictive models of criminal behaviour
- 16:41based on AI analysis of all of the things that you've ever said
- 16:45are done. That's what they're talking
- 16:49about. They're not talking about a
- 16:51couple more cops. They're not talking about that.
- 16:55They're talking about an entirely new way to think about
- 16:59crime, Who's going to commit it, why they commit it, and
- 17:03predictive models. This is where they're going.
- 17:06If you think the state may deem you a thought criminal, will I
- 17:09direct you back to billionaire Tim Draper?
- 17:12You better hold Bitcoin if you want to protect your family, if
- 17:15you want to protect your company, if you want to protect
- 17:18your country. Because the risks are bullishly
- 17:21real today. Speaking of risks, when the
- 17:24treasury can freeze your stable coins with a phone call and your
- 17:27bank account is one O FAC notice away from being inaccessible,
- 17:32your off grid sovereignty stack stops being paranoid.
- 17:35It starts being basic hygiene. SAT 123 satellite phone Starling
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- 17:44Communicate in self custody when the grid or the government
- 17:47decides you're inconvenient, Scan the QR code or click the
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- 17:56guys think down below I'm rustin.
- 17:58This was simply Bitcoin originals smash the like hit the
- 18:01subscribe, give us a pap and I'll get you all next time love
- 18:05you guys if you. Prefer to go.
- 18:08Down with the. Ship.
- 18:10You.