Latest / Simply Bitcoin / $550 Billion Vanishes in Minutes! (Bitcoin Already Knows Why) | Simply Originals

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$550 Billion Vanishes in Minutes! (Bitcoin Already Knows Why) | Simply Originals · Simply Bitcoin

0:00
So last night, the president of the United States walked into
0:04
the cross all of the White House, which if you haven't seen
0:08
it, is very fancy, big columns, very presidential.
0:12
And he gave what the White House billed as a major address to the
0:16
nation. The speech was supposed to call
0:19
markets, supposed to reassure America's allies, supposed to
0:24
signal that the war with Iran was winding down and things were
0:28
going to be OK. Instead, he told Iran they were
0:32
going to be sent. And I'm quoting back to the
0:35
stone ages where they belong. And the market went off the
0:40
rails, $550 billion in market cap gone in 25 minutes today.
0:47
We're going to cover a lot of ground because a lot happened
0:50
last night and a lot of it is stuff that directly impacts your
0:54
money, your purchasing power, and your future.
0:58
We're going to talk about what Trump actually said in that
1:01
speech and why the markets responded like someone lit the
1:05
building on fire. We're going to talk about an oil
1:08
clock that is ticking right now and when it hits zero, all bets
1:12
are off. We're going to talk about a
1:13
Ponzi scheme that has been running for 50 years and is
1:16
starting to come apart at the seams.
1:19
We're going to pull Warren Buffett's lookout below warning
1:22
from this week, which, by the way, came from a man who has
1:26
$373 billion in cash. So when he talks, you maybe want
1:32
to listen. And then we're going to answer
1:35
the biggest question of the moment in World War Three, who
1:39
wins gold for Bitcoin? Now, I want to be real clear up
1:44
front. I'm not here to root for war.
1:46
I'm from the school of Ron Paul. I'm not here to be a doomer.
1:49
Millions of lives are at stake in what's happening right now.
1:53
This is genuinely serious. But here on Simply Bitcoin
1:57
Originals, we deal in cold, hard facts and the facts right now,
2:02
or pointing in a very specific direction.
2:05
Fiat is deception. Fiat is debt, Fiat is war.
2:13
And we know where wars really come from, don't we?
2:17
Nearly every war that has started in the past 50 years has
2:21
been a result of media lies. And the media could have stopped
2:25
it if they had searched deep enough.
2:27
If they hadn't reprinted government propaganda, they
2:29
could have stopped it. But what does that mean?
2:33
Well, that means basically populations don't like wars and
2:37
populations have to be fooled into wars.
2:40
Populations don't willingly and with open eyes go into a war.
2:44
So if we have a good media environment, then we'll also
2:48
have a peaceful environment. You're watching all three live
2:51
in real time. Deception, debt, and war.
2:55
What is this? This is a horseman of the
2:57
apocalypse. And by the end of this show, I'm
2:59
thinking you're going to understand on a level you maybe
3:03
haven't before, exactly why Bitcoin exists and exactly what
3:09
it's for. Oh, yeah, send it.
3:16
Let me set the scene. February 28th, 2026, the United
3:20
States and Israel go to war with Iran.
3:23
The Strait of Hormuz, which is about 100 miles of water that
3:26
handles roughly 20% of the entire world's seaborne oil
3:30
supply, basically closes ship. Stop moving through it.
3:35
Tanker traffic flatlines. Now we're one month in.
3:38
And for the past two days before the speech, there was actually
3:41
hope in the air. Trump had been saying that the
3:44
war could end in two to three weeks.
3:46
Markets were pricing in peace. There was a 2 day rally.
3:50
The S&P was up. Bitcoin was holding.
3:52
Oil was dipping on peace expectations.
3:55
The NASDAQ had its best single day since May, up 795 points in
4:01
one session. The Dow soared 11125 points.
4:05
People were feeling cautiously optimistic.
4:08
And then 9:00 PM. Trump walks to the podium.
4:12
And instead of giving the world the we're winding this down
4:16
speech they were hoping for, he gave a speech that included both
4:20
were almost done. And, quote, we're going to hit
4:24
them extremely hard over the next two to three weeks.
4:27
Those two things, by the way, are not compatible statements.
4:33
But we're getting ahead of ourselves.
4:35
Let's hear the clip. We're going to hit them
4:38
extremely hard over the next two to three weeks.
4:41
We're going to bring them back to the stone ages where they
4:45
belong. In the meantime, discussions are
4:47
ongoing. Regime change was not our goal.
4:51
We never said regime change, but regime change has occurred
4:55
because of all of their original leaders death.
5:00
They're all dead. The new group is less radical
5:04
and much more reasonable. Yet if during this period of
5:07
time no deal is made, we have our eyes on key targets.
5:11
If there is no deal, we are going to hit each and every one
5:14
of their electric generating plants very hard and probably
5:18
simultaneously. We have not hit their oil, even
5:22
though that's the easiest target of all, because it would not
5:26
give them even a small chance of survival or rebuilding.
5:31
But we could hit it and it would be gone.
5:34
And there's not a thing they could do about it.
5:37
They have no anti aircraft equipment.
5:39
Their radar is 100% annihilated. We are unstoppable as a military
5:45
force. The nuclear sites that we
5:48
obliterated with the B2 bombers have been hit so hard that it
5:52
would take months to get near the nuclear dust, and we have it
5:57
under intense satellite surveillance and control.
6:01
If we see them make a move, even a move for it will hit them with
6:06
missiles very hard. Again, we have all the cards,
6:09
they have none. It's very important that we keep
6:12
this conflict in perspective. Back to the stone ages, where
6:16
they belong. That's your president, the man
6:19
whose speech the entire global market was waiting for.
6:23
The man who was supposed to say, hey, guys, Hormuz is reopening,
6:27
oil is coming back down. Everybody take a deep breath.
6:30
Instead, he went full Old Testament prophet at the podium.
6:34
The fire and brimstone are raining down.
6:36
And look, I'm not here to debate Trump's Iran strategy.
6:40
That's a whole different show. What I can tell you is exactly
6:43
how the market responded to that line in real time.
6:46
The numbers $550 billion in S&P 500 futures market cap erased in
6:52
25 minutes. That two day rally gone in 19
6:56
minutes. All of it like it never
6:57
happened. Bitcoin, which had been holding
7:00
relatively steady, got pushed back down to 6566, 1000.
7:04
Asian markets absolutely cratered overnight.
7:07
Japan down 1.4%, South Korea down 2.6.
7:11
Oil which had briefly dipped on peace hopes.
7:14
Remember, the market was hoping for peace and then hours later
7:17
surged back above $112 a barrel as of this recording, on track
7:22
for the highest close since June 2022.
7:26
That's the thing about financial markets, they don't process
7:31
nuance very well. What the market heard in that
7:33
speech wasn't we're almost done. What the market heard was more
7:38
bombing and it priced accordingly.
7:40
Now I want to be honest with you about something.
7:42
The S&P is still down 4.63% year to date.
7:46
The NASDAQ, the Dow, all of them.
7:48
And before you think, well, it recovered a bit this morning,
7:51
Fortune's headline put it perfectly.
7:53
Markets are pricing in an end for the conflict.
7:57
They're assuming Trump delivers on that two to three-week
8:00
timeline. If he doesn't, these prices come
8:03
right back where they were by morning or worse.
8:07
One oil analyst, Jim Wicklund, managing director of PPHB, 30
8:12
year veteran of the energy markets, told Fortune.
8:15
And I'm quoting directly, if this goes on for another two
8:18
months, we're in a global recession.
8:20
There's no way around it. There's no way around it.
8:23
That's not a perma bear on Twitter.
8:25
That's a 30, your oil industry veteran with clients who pump
8:29
the stuff out of the ground. So let's talk about what's
8:32
actually happening with the oil because this is the part that's
8:35
getting lost in the coverage of Trump's speech.
8:39
Here's what most people don't understand about the current oil
8:42
situation. And I want to walk you through
8:44
this slowly because it matters a lot.
8:47
When the war started on February 28th, tanker traffic through the
8:50
Strait of Hormuz didn't slow down.
8:52
It didn't taper. It basically stopped.
8:56
The Strait of Hormuz handles roughly 20% of the entire
8:59
world's seaborne oil trade. That's not a small number.
9:02
That's a fifth of the global supply.
9:04
To plug that gap, the International Energy Agency,
9:08
that's 32 countries, the big developed economy block
9:12
coordinated the largest emergency strategic petroleum
9:15
reserve release in their fifty year history, 400 million
9:19
barrels eventually raised to 426,000,000 as more countries
9:26
pitched in. And that has been barely keeping
9:29
the lights on, keeping oil prices from going to the moon,
9:33
keeping the global economy from seizing up completely.
9:37
But here's the thing about emergency reserves, they're not
9:40
infinite. Those reserves are expected to
9:42
run out in the next couple of weeks.
9:44
We're talking about mid-april. That's the Cliff.
9:47
That's the moment when this managed oil disruption becomes
9:51
an unmanaged one. Right now, the global oil
9:54
deficit from the Hormuz closure is running at about 4 1/2 to 5
9:58
million barrels per day. That's already enormous, but
10:01
when the emergency reserves are exhausted, that deficit could
10:04
double to 10/11/12 million barrels per day.
10:09
The world. Economy cannot survive A7 to 11%
10:14
loss of oil supply. It will not survive.
10:16
We can debate is Europe going to go 1st and collapse?
10:20
Is Southeast Asia going to go 1st and collapse?
10:22
Will America collapse first? But the global economy is it is
10:27
a certainty it will collapse if we keep oil supplies down.
10:33
What's the likelihood? We go, we go there and we stay
10:35
there. What's the timeline like?
10:36
If we go to 711%, for how long? Well, we've.
10:39
Been there for six weeks and I think if we get to mid-april
10:43
like you're already seeing flights.
10:44
I just woke up this morning a discount airline and out of
10:47
London Gatwick cancelled all flights.
10:49
Can't get fuel. So now you're going to start
10:51
having tourism fall? You agree with the fly chains.
10:54
That's very true. It was announced in the UK that
10:59
the last shipment of kerosene was just made this week and
11:04
there's no further known shipment arriving in the UK,
11:08
which is pretty crazy. But it also tells you that this
11:11
is a policy outcome because nobody seems to care.
11:14
There's there's no countermeasures, there's
11:16
alternative ways, there's things you could do if you wanted to.
11:19
They don't. Why?
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Because this feeds into this other agenda that's ongoing and
11:24
that we mustn't forget, we mustn't take our eyes off that.
11:27
And that is, you know, I've just explained sort of the background
11:30
with the European Union is actually central planners
11:33
wanting to centrally plan more and more.
11:36
And it looks like they're going to use this opportunity to
11:40
impose digital controls and the types of restrictions of
11:45
individual freedoms that will be at least as bad as during this
11:49
COVID psyop or worse. Of course, now under the excuse
11:53
of, oh, there's no energy, you have to stay at home, you can't
11:56
use your car. You think that kind of stuff is
11:58
possibility. It looks like that's what they
12:00
want because there were so many policy decisions actually ahead
12:04
of this, you know, you know, closer closure of the the Strait
12:07
of Hormuz that already indicated that actually they want to
12:11
restrict energy usage. This is who this is, this is
12:14
European, this is the European administrators.
12:16
I wouldn't say leaders because they're not really the decision
12:19
makers, but who's arguing with them and disagreeing with them.
12:22
Nobody's arguing with them because you know it's a
12:25
dictatorship when the European they can do anything.
12:27
They can put somebody in prison without legal due course, they
12:31
can sanction people without legal due cause.
12:35
And that's what's happening the. House of Saud and when Saudi
12:38
Arabia is warning about something, you better listen.
12:41
Describe this as quote, a shock of unprecedented scale with no
12:45
obvious buffer left to absorb it.
12:47
No obvious buffer left to absorb it.
12:50
The world's largest oil producers are telling you we
12:53
have nothing left in the tank to cushion this.
12:56
If Hormuz doesn't reopen by mid-april, we're all finding out
12:59
what comes next. And here's the tell because I
13:02
know some of you are going to say Trump said it'll be over in
13:04
2-3 weeks so it's fine. I want to give you the actual
13:07
market signal to watch. Not Trump's words, not a White
13:11
House press release, not a Truth Social post Ship insurance.
13:15
Hear me out. Before the war, ensuring a ship
13:18
to transit the Strait of Hormuz cost less than 1% of the vessels
13:22
value per trip. Today, 7.5% on $100 million
13:27
ship, that's 2 to $3,000,000 for one trip through 100 miles of
13:32
water. Before the war it was $250,000.
13:36
That's a 10X increase. You cannot fake ship insurance
13:41
premiums. Insurance companies don't do
13:43
geopolitics, they do actual tables and risk assessments.
13:47
When those premiums drop below 2%, that is your signal that the
13:51
route is genuinely safer. That's when you can actually
13:55
believe the things are finding down.
13:57
Until those premiums come down, every statement from a podium is
14:01
just sound. And in the meantime, gas just
14:04
crossed $4.00 a gallon, first time since Russia invaded
14:08
Ukraine. Diesel at $5.50.
14:11
Oil futures posted their largest monthly dollar gain in history
14:16
in March of 51%. And oil executives are warning
14:20
that physical crude is even more expensive than futures suggest.
14:24
You know what? This isn't transitory.
14:27
We all remember transitory, right?
14:29
Don't worry, inflation is transitory.
14:31
Janet Yellen, Jerome Powell, every financial headline for 18
14:34
months and then, shockingly, it wasn't.
14:37
Well, here we go again. Except this time it's not just
14:41
supply chain issues or pandemic spending.
14:45
This time it's oil, the thing that powers everything.
14:47
Food, transportation, fertilizer, manufacturing,
14:50
semiconductors. Everything is downstream of
14:53
energy and energy just got hit with a 51% monthly price
14:57
increase. That's before the SPR runs out
15:01
mid-april. The Cliff.
15:03
How dumb. Do you think I am?
15:06
Rubio says. Iran war to last weeks, not
15:10
months, with no US ground troops needed.
15:13
OK well then what the fuck is this?
15:16
What's the letter to the Marine saying prepare your family we're
15:20
going to war? the US sent troops to the Middle
15:25
East to be deployed. So these are all like in our
15:29
face lies. I'm a young guy in America.
15:33
I got pulled out of second grade during 911, so mind you, my
15:37
entire experience is just full of being lied to somehow.
15:43
No matter who's the president, we're in conflict.
15:45
Bush conflict, Obama conflict, Biden conflict, Trump conflict,
15:52
Spend, spend, spend. Debt, debt, debt.
15:55
Lie, lie, lie. War, war, war.
15:59
This isn't a blue thing. This isn't a red thing.
16:01
This isn't a left thing. This isn't a right thing.
16:03
This is governments gotten too big.
16:05
They have a monopoly on printing money.
16:07
They can finance these things. They can steal our wealth
16:10
through dilution, through inflation.
16:12
And so if you want to revolt against this, you got to just
16:16
pack your bags and get out. The whole system is ridiculous.
16:20
The whole system is a fraud. The whole system is pathetic.
16:23
And we're better off building something else, building
16:26
something new, saving and something else, saving and
16:28
something new that's. It right there.
16:30
That's the whole thing. In a minute, 30 lies debt,
16:33
death, war, famine, poverty. And look, I know Jack can be a
16:37
little polarizing. I get it.
16:39
He's got a lot of energy. He makes bold statements.
16:42
People have opinions about him fine, but what he's saying there
16:46
isn't controversial if you actually understand money.
16:50
Bitcoin is not a number go up investment play.
16:53
It's not a get rich quick scheme.
16:55
It is a monetary system running on math that no president, no
17:00
central bank, and no speech from the cross.
17:03
All of the White House very fancy can change.
17:06
Trump can say whatever he wants about Iran.
17:08
Jerome Powell can debate rate cuts.
17:11
Warren Buffett can sit on 373 billion in cash.
17:15
The Bitcoin protocol doesn't care.
17:17
Block time is 10 minutes. Hard cap is 21 million.
17:21
That does not change. And in a world where every Fiat
17:27
currency in every major conflict in human history has been
17:30
debased, every single one without exception, that
17:34
mathematical certainty starts to look less like a novelty and
17:38
more like, well, possibly the most important financial
17:41
instrument ever created. But I want to go deeper on the
17:44
structural problem, because the oil shock and the war are
17:48
symptoms. I want to talk to you about the
17:50
disease. And for that, I want to bring in
17:53
Simon Dixon. But before we do, look at our
17:57
likes. 3 or 4. Times Maybe I'll pump those
17:59
numbers up. Those are rookie numbers in this
18:01
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18:06
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18:44
OK, Simon Dixon has been in the space for a long time.
18:47
And before we watch the clip, I want to give you the framework.
18:50
Because once you understand the framework, everything you're
18:53
seeing in the news today makes perfect sense. the United States
18:57
currently has approximately $40 trillion in debt.
19:01
The average interest rate on that debt right now is 3.3%.
19:05
Write that number down 3.3%. Here's the brutal math.
19:09
For the system to stay alive, the US economy has to grow at a
19:12
rate above 3.3% per year. If growth falls below the
19:16
average cost of the debt, you can't service the debt.
19:20
You're not making the vig. And when you can't make the vig,
19:23
you have exactly 2 options. Default or print.
19:28
They will not default. They never default because
19:31
defaulting means admitting the whole thing was a fraud.
19:34
So they print. They always print.
19:37
They find some new crisis, a pandemic award of financial
19:40
emergency that justifies emergency money creation.
19:44
They flood the system with liquidity.
19:46
Keep the Ponzi rolling. And the average American is left
19:48
holding the bag. And here's the part that should
19:51
genuinely make you angry. War is not a bug.
19:56
War in this system is a feature. War funds the military
20:01
industrial complex. War justifies extraordinary
20:04
money printing. War creates the kind of crisis
20:08
that gives the government cover to do what they're going to do
20:10
anyways. And who ends up with the
20:12
profits? The defense contractors, the
20:14
energy companies, the financial industrial complex.
20:18
And who ends up with the debt? You.
20:20
Your kids and their kids. The average American doesn't get
20:24
the profits. They get the inflation.
20:27
They get the debt. They get the bill.
20:29
Simon Dixon explains this a lot better than I just did.
20:33
Let's watch it the way. This actually works is currently
20:37
the average interest on the US debt right now approximately 40
20:41
trillion, approaching 40 trillion is 3.3%.
20:45
In order to keep the Ponzi scheme alive you have to America
20:49
has to have a growth rate above 3.3%.
20:55
If you don't have a growth rate above the average cost on the
20:58
debt, then you enter into the unwinding of the cycle, which
21:02
would be a a recession and a depression.
21:05
Every time that happens, they need to find a new way of
21:09
printing money in order to try and stimulate growth.
21:12
One of those is fund the military industrial complex,
21:15
create war. But the problem is with that is
21:19
it extracts wealth from the average American person because
21:22
they end up with the debt and the company ends up with all the
21:25
profits. And so in order to keep the
21:27
Ponzi alive, you have to extract all the assets from the average
21:32
person. Excuse me?
21:34
And the economy becomes a mechanism for rolling over.
21:38
Now you have to have growth above the average cost of the
21:40
debt. What's happening right now in
21:44
this global reset where all energy and 50 different supply
21:47
chains are being renegotiated, The projected growth rate for
21:52
America is approximately 2% this year and 1.7% next year.
21:57
At the same time, the 10 year Treasury and the 30 year
22:01
Treasury is spiking, not as much as the rest of the world, but
22:05
it's spiking up to dangerous levels, 4 1/2% and 5%.
22:11
But now you need to roll over $7 trillion of debt at either 4 1/2
22:17
percent or 5%. The only solution to that was
22:20
what Trump tried to do. He tried to regime change the
22:23
Federal Reserve and enforce low yield bonds on the short term by
22:30
effectively dumping them on Americans.
22:32
So the largest foreign lender to the UK to the US government
22:36
right now is Cayman Islands, which is the hedge funds.
22:40
So what he tried to do is he tried to force interest rates
22:43
down artificially low, you know, by regime changing the Fed and
22:49
then they could be dumped on American people and American
22:51
pensions and you could subsidized the demonetization.
22:55
What's going to happen of this program?
22:56
What's going to? Happen because of this action.
22:59
Or attempted action well. Effectively, that's all gone
23:03
wrong. So now you we enter into an
23:06
inflationary cycle because this wall was meant to be short.
23:10
It looks like the IRGC put up a bigger resistance than anyone
23:13
imagined was possible. We're going to cover that.
23:15
So now you won't get the short term rates down, the long term
23:18
rates are rising, oil prices are going up.
23:21
So you've created the supply shock and inflation so you can't
23:24
get those rates down and growth is going to go down at the same
23:28
time as unemployment. And that is an absolute
23:32
disaster. I do not want to reiterate how
23:35
bad things are going to get from here.
23:38
I'm not one to say dumorism. I've always believed they could
23:41
keep this Ponzi scheme going for quite some time, but the growth
23:45
rate is going to be significantly below the average
23:47
interest rate. Which means that the only
23:50
solution here is to print more money than COVID, more money
23:54
than long term Capital Management, more money than the
23:57
global financial crisis, and experience the same economy of
24:01
the 1973. Here's my here's my issue.
24:05
The economy becomes a mechanism for rolling over.
24:09
Sit with that. The economy, the thing you go to
24:11
work for every single day, the thing you're supposed to be able
24:14
to save and build in, plan your retirement in, leave something
24:18
for your kids in, is a mechanism for rolling over debt.
24:23
That is its primary function in this system.
24:26
And the way you keep the Ponzi alive, as Simon laid out, the
24:29
way you keep the math from collapsing in on itself, is by
24:32
extracting wealth from the average person continuously,
24:36
methodically, officially, endlessly.
24:39
And you know what this looks like in practice?
24:41
It doesn't look like a government agent knocking on
24:44
your door and taking your stuff. That would be too obvious, too
24:47
honest. Too honest.
24:49
It actually looks like your grocery receipt.
24:52
You're going to love this, but real quick, if you need
24:54
liquidity to afford groceries or whatever reason, you don't have
24:59
to sell your Bitcoin. So why did you sell your future?
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25:22
The official CPI, the consumer price index, the government's
25:26
inflation report tells you that cumulative inflation since 2019
25:31
is about 25% and right now, 2.4% annual inflation.
25:38
The Fed's practically declaring victory.
25:40
And then you go to the grocery store.
25:43
Let me read you some actual numbers since 2019, six years
25:47
ago. Here is what actually happened
25:49
to the things you buy every single week.
25:52
Eggs Up 79%. Ground beef?
25:56
Up 77%. Coffee up 68%.
26:00
Car insurance? The coverage you are legally
26:03
required to carry? You cannot opt out of it.
26:06
Up 55%. Electricity Up 43%.
26:10
Bacon of 26%, Bread up 24% The government says 25% cumulative
26:17
inflation since 2019. Five out of those seven items
26:21
are running at two to three times the official number, the
26:25
only two that tracked anywhere near CPI.
26:28
Bacon and bread, the absolute cheapest, lowest margin items in
26:34
your cart, the things that actually drain a household
26:36
budget, the protein, the energy bill, the car insurance, those
26:40
are the ones the number keeps getting wrong.
26:42
And here's what I need you to understand.
26:45
This is not an accident. This is not a measurement error.
26:48
The CPI was literally retooled in the 1990s to reduce reported
26:53
inflation. They added what they call
26:55
substitution adjustments. The idea being, if steak gets
26:58
too expensive, you'll just switch to hamburger, if
27:01
hamburger gets too expensive, you'll switch to chicken.
27:04
And if chicken gets too expensive, well, I guess we all
27:07
eat Zebucks. They changed how they waive
27:10
housing costs. They smoothed out the price
27:12
spikes. Every methodology change, All of
27:14
them documented, all of them published in the Bureau of Labor
27:18
Statistics reports, all of them happen to result in lower
27:21
reported inflation numbers. Food overall is up 30% since the
27:26
end of 2019. Car insurance premiums are up
27:29
54% since 2020. Electricity just hit all time
27:33
high record prices, but the official line is 2.4% inflation
27:38
and the Federal Reserve is debating whether to cut interest
27:41
rates. Your grocery receipt is the only
27:44
honest inflation report left in America.
27:46
And the oil shock you're about to experience at the pump?
27:49
The $112 oil, the $4.00 gas, the 550 diesel that's just getting
27:54
started that hasn't worked its way through the food system yet.
27:58
Give it 60 days, then look at your grocery receipt again.
28:02
All right, now let's talk about Warren Buffett because Buffett
28:05
was on CNBC Squawk Box this week.
28:08
And before I play you what he said, let me remind you of a
28:12
couple things. Warren Buffett is 95 years old.
28:16
He stepped down as CEO of Berkshire Hathaway.
28:20
He has right now $373 billion in cash.
28:25
That's the largest cash reserve Berkshire Hathaway has ever held
28:29
in their entire history, which goes back to 1965.
28:34
So when the Oracle of Omaha says something about the dollar or
28:37
the economy or the Federal Reserve, this is not just some
28:41
pundit, this is not an influencer.
28:44
This is a man who put his money and buy money.
28:46
I mean literally hundreds of billions of dollars where his
28:49
mouth is by going to maximum cash in the current environment.
28:55
Here's what Buffett had to say. Well, let's.
28:57
Talk about that. The market has come down
28:59
substantially. You've not.
29:00
Substantially, well you. You've got both the Dow and the
29:03
NASDAQ in correction territory. It's the worst performance on a
29:07
quarterly basis for stocks in about four years.
29:10
Do things look cheaper to you? No, three times since I've taken
29:18
over Berkshire, it's gone down more than 50%.
29:24
I mean if you look at the markets of oh, the worst
29:28
probably was the 2007 eight period, although there was that
29:33
one Monday when you had 21% in a day.
29:36
I mean this is nothing. I mean, it did.
29:42
This is nothing to make you get excited and think there's huge
29:44
valuation if. They're 5 or 6% cheaper.
29:48
That doesn't we, we aren't in it to make 5 or 6%, I mean, but the
29:59
world's greatest. Investor is sitting on 373
30:03
billion in cash, warning about the dollar, warning about the
30:06
banking system, warning about what 2% inflation does to
30:10
ordinary people over time. And he still hasn't bought
30:13
Bitcoin. I know the world he's describing
30:17
is exactly the world Bitcoin was built for.
30:21
All right, the big one, the question I promised you at the
30:23
top of the show. Gold and Bitcoin both supposed
30:26
to be hard money, both supposed to protect you in a crisis, both
30:30
supposed to hold value when Fiat doesn't.
30:33
So after a month of war, after oil at 112, after markets
30:37
crashing, after the speech last night, who's winning?
30:41
Gold crashed. I know you were told gold was
30:44
the ultimate safe haven. It had a massive run, went all
30:47
the way above 4600 bucks. A trillion dollars in market cap
30:51
added to gold and all the chaos. Trump stood at the podium and
30:55
said two to three weeks and gold sold off hard, crashed back
30:59
below 4600 / a trillion dollars wiped out from its market in a
31:04
day. Here's how gold actually works,
31:06
and I want you to really hear this because it's fundamental.
31:09
Gold spikes on fear and uncertainty.
31:12
The moment markets believe a crisis is ending, Even if it's
31:16
just words, even if it's just a speech, even if nothing is
31:20
actually changed on the ground, gold craters.
31:23
Gold is a hedge against fear, not a store of value.
31:26
Those are two very different things.
31:28
A store of value holds its purchasing power regardless of
31:32
what some politician says at the podium.
31:35
A hedge against fear goes up when people are scared and down
31:39
when they're not. That's not the same thing.
31:41
Now, Bitcoin got sold off in the short term too.
31:44
I'm not going to pretend it didn't.
31:45
That's market mechanics. Traders treat Bitcoin like a
31:48
risk asset in the short term. They're uneducated when they're
31:51
scared, they sell things. That includes Bitcoin.
31:55
That's the reality. But here is the fundamental
31:57
difference and this is the thing I need you to take away from
32:00
today's show. Bitcoins monetary policy does
32:03
not change based on what happens at the Strait of Hormuz.
32:07
Bitcoin supply does not get inflated when the government
32:09
needs to print money to fund a war.
32:12
Bitcoin cannot be seized on mass to fund a military operation.
32:16
Bitcoin can cross any border at the speed of light.
32:19
You can store it in your head. You can send it to someone on
32:22
the side of the planet who has no bank account, no government
32:25
ID, and no permission slip from any institution on Earth.
32:29
Every Fiat currency in every major war in human history has
32:33
been debased. I want you to sit with that.
32:35
Everyone from Rome clipping coins to fund allegiance to the
32:40
Weimar Republic printing marks by the wheelbarrow to the United
32:44
States monetizing the debt from World War 2.
32:47
They always print because war is expensive and the math always
32:52
breaks. Gold has been the traditional
32:54
refuge from that. But you cannot send gold at the
32:56
speed of light. You cannot divide gold into
32:59
satoshis and send $10 across the planet for a fraction of a cent.
33:04
You cannot verify gold's authenticity with math, and you
33:08
certainly can't store your gold in your brain if a government
33:11
decides they want it. That the US.
33:13
Exactly. They did this in 1933 with
33:17
Executive Order 61-O2. Bitcoin is what you use when the
33:21
old system, the euro dollar, the Petro dollar, the Japan carry
33:24
trade. All of which, by the way, are
33:26
breaking right now. Simultaneously, when that whole
33:29
structure starts to fracture, Bitcoin is the exit ramp.
33:33
The yield on Bitcoin is freedom. And I know that sounds like a
33:36
stupid bumper sticker, but when you're watching oil at $112, gas
33:41
at 4 bucks, diesel at 550, eggs up 79% of Ponzi scheme
33:46
government printing to fund a war, while Warren Buffett sits
33:49
on 370 some billion in cash and is warning about the dollar.
33:55
When you see all of that, all of it at once, the yield on Bitcoin
33:59
is freedom stops being a bumper sticker and starts being the
34:02
most accurate description of what's happening.
34:05
Fiat is deception. Fiat is debt is war.
34:09
Bitcoin is the opt out. Here's the hard truth.
34:12
World War 3 is upon us. Bitcoin protects your wealth,
34:15
but it won't keep you connected when the grid goes down.
34:18
SAT 123 fixes that. Satellite phone, Starlink kits,
34:22
Faraday bags built for people who take sovereignty seriously.
34:26
Use code simply@sat123.com for 15% off.
34:30
That's SAT 123.com. Use code simply.
34:35
Here's what I want to leave you with.
34:36
You found Bitcoin. You're here.
34:38
You know what this is. You understand what Fiat money
34:41
actually does over time. You have an option that most
34:44
people on this planet don't even know exists yet.
34:47
The opt out is real. Self custody is real.
34:50
The hard cap is real. And every oil shock, every money
34:53
printing event, every deep debased currency, every crashing
34:57
gold price, every Federal Reserve warning, every Warren
35:00
Buffett cash pile, all of it makes the Bitcoin case more and
35:05
more clear, not less. So stay humble, stack set self
35:09
custody your coins because the peaceful Bitcoin revolution does
35:12
not stop for wars. It doesn't stop for speeches
35:15
from on the cross hall. It very fancy.
35:18
It does not stop for the fake inflation numbers or Ponzi
35:21
scheme math. Nothing stops this train.
35:24
Hey I'm Ruston, this is simply Bitcoin originals.
35:26
If you got value from today's show, please smash that like
35:30
subscribe give us a pant by sharing the video because we got
35:34
to get this information to the people who are watching their
35:36
grocery receipts go up and wondering why nobody's telling
35:39
them the truth and leave me a comment.
35:42
I want to know what you think gold or Bitcoin wins World War
35:45
three and don't forget to set those notifications for the best
35:48
in Bitcoin news delivered to you daily.
35:51
I hope you all have an incredible weekend.
35:52
I love you guys, see you next time.
35:54
Stay free peace if you prefer to.
35:58
Go down with the ship.