Latest / Simply Bitcoin / America's Strategic Bitcoin Reserve GONE!! | Simply Originals
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- 0:00Well, the US government just pulled a Houdini with America's
- 0:03strategic Bitcoin Reserve 171,000 Bitcoin God vanished off
- 0:10the books. No Unchained trace, no audit
- 0:13trail, no explanation. We now know, thanks to a Freedom
- 0:18of Information request, the US Marshals Service only holds
- 0:2228,988 BTC. That's 85% less than Arkham
- 0:27Intelligence and other trackers have estimated.
- 0:30That's 20 billion in digital gold missing.
- 0:34And just as Trump's laying the groundwork for a strategic
- 0:37Bitcoin reserve, we find out that the Bitcoin isn't there.
- 0:42Meanwhile, Elizabeth Warren is going postal.
- 0:45Congress just banned CBDC's. Vanguard's being dragged kicking
- 0:50and screaming into Bitcoin exposure.
- 0:52CNBC's talking $13 million Bitcoin.
- 0:56And Michael Saylor says micro strategy will be added to the S
- 0:59and and P500. This isn't just a bull run.
- 1:02This is the collapse of trust. The fall of Fiat and the rise of
- 1:07Bitcoin is the hardest money ever created or discovered.
- 1:10Welcome back. I'm Rustin and we get a lot to
- 1:13get to. I'm particularly pleased with
- 1:20President Trump's support of my strategic Bitcoin Reserve
- 1:24initiative, which will address our national debt while securing
- 1:29America's position as the global leader in financial innovation.
- 1:36As Bitcoin comes into more usage, its use makes the whole
- 1:41system more secure, more robust, and more capable of serving our
- 1:47needs all over the world. We should be the global leader
- 1:51with this fantastic new Ledger based asset that is in a digital
- 1:58format that is going to be transformative of everyday
- 2:02economy and puts the everyday American, in fact the everyday
- 2:06worker all over the world in control of their own money.
- 2:12What a wonderful blessing for hard working people all over the
- 2:16world to have this great new technology and to have America
- 2:21lead the way in implementing this wonderful, wonderful
- 2:25innovation. Well, it's going to be pretty
- 2:28hard to be the Bitcoin superpower of the world and do
- 2:31anything about that insurmountable debt when we
- 2:34don't hold or sell all of America's Bitcoin.
- 2:38On July 16th, independent journalist Lola Leets hit the
- 2:41mother lode. She FOI aid the US Marshals
- 2:44Service and uncovered the hard truth. the US government only
- 2:48holds 28,988 BTC. That's it.
- 2:52Not 210,000, not 190,000. Not even close.
- 2:57Apparently we're just as low IQ as those morons in Germany.
- 3:00Sorry Germans, it's your government that's stupid.
- 3:03US to Arkham estimated over 23 billion in BTC held by the
- 3:07government across agencies. While there's still a lot to be
- 3:10done on this, instead right now we've got $3.4 billion worth.
- 3:15That's it. This is a massive scandal and a
- 3:17possible cover up. A quiet liquidation of America's
- 3:20most valuable asset right as Bitcoin enters escape velocity.
- 3:25How dumb can you be? And Senator Lummus is furious
- 3:29quote. If true, this sets the US back
- 3:31years in the Bitcoin race. And we agree.
- 3:35Let me guess, they left the strategic Bitcoin Reserve on Pam
- 3:39Bondi's desk. Actually there was supposed to
- 3:42be an Epstein joke here, but as it got deleted, must have
- 3:49probably deleted itself, right? Probably never existed actually.
- 3:55Let's move on as a country and ignore that.
- 3:58What an absolute legend. Shane Gillis 2028 would be
- 4:01pretty awesome, but while America's strategic Bitcoin
- 4:04reserve vanished, that would be good news for this cretin.
- 4:07Elizabeth Warren is still out here screeching quote.
- 4:11Bitcoin could blow up the entire U.S. economy.
- 4:14Or GFY Liz, we're into that. Well, so.
- 4:17So why won't? Going everywhere.
- 4:20If it's. Ramping up in terms of its
- 4:23success. And let's say that that's
- 4:26exponential, because perhaps it might be.
- 4:28Why won't Bitcoin just suck the investment capital out of
- 4:32everything? It is and it will.
- 4:37That's why I'm here. Here is Liz Warren not happy.
- 4:40And guard rails to make sure that crypto isn't used to blow
- 4:44up our entire economy. So I'm very worried about that.
- 4:48But I want to add one more twist, and that is the clarity
- 4:52Bill has all those problems, but it also has a provision in it
- 4:58that would let any company listed on the New York Stock
- 5:02Exchange opt out of SEC regulation by just digitizing
- 5:08themselves, put themselves on the blockchain.
- 5:11And all of a sudden it turns out that Amazon or Meta or General
- 5:17Motors is no longer governed by the SEC.
- 5:22You do realize that literally would blow up the value of the
- 5:29New York Stock Exchange that that whole?
- 5:32Ladies and gentlemen, it may be time to harvest.
- 5:34She's mad because Congress just moved forward with some major
- 5:38bills, including a ban on CBDC's.
- 5:40Think about that. CBDC's were supposed to be their
- 5:44master plan, their surveillance coin, the programmable money,
- 5:47the ultimate control grid. But now Congress is slamming the
- 5:51brakes because Americans aren't buying their dystopia.
- 5:55But make no mistake, the state will have its proxies.
- 5:58Stable coins are private CBDC's. Next time you hear stable coin
- 6:03you should just hear this. Say it with me now.
- 6:05Central bank, digital currencies, slavery, money,
- 6:10they're the same thing. Go ahead, let them implement
- 6:13yield control and pump Bitcoin to $13 million.
- 6:16They're scared because Bitcoin is winning now.
- 6:19This is hilarious. Poor one held for the highly
- 6:22vanguarded vanguard. 1 of bitcoins loudest haters is being
- 6:26forced to hold Bitcoin anyway. Next, Vanguard's unintended
- 6:31exposure to Bitcoin. The firm has long held firm that
- 6:34Bitcoin has no inherent economic value, is an immature asset
- 6:38class, and is not appropriate for long term investors.
- 6:41Yet Vanguard is now the single biggest shareholder of strategy.
- 6:44As you can see here, Michael Saylor's software firm that's
- 6:47become a proxy for Bitcoin. Vanguard owns 20 million shares.
- 6:50And the reason? Index investing, Vanguard
- 6:53neutral funds, and ETFs that passively track indexes have no
- 6:56choice but to end up holding shares of strategy, even though
- 6:59the firm dislikes Bitcoin. Irony, clearly.
- 7:02And micro strategy is about to be added to the S&P 500, and
- 7:06that means every S&P index fund will have to hold it.
- 7:10A hot topic recently has been the idea of micro strategy or
- 7:14strategy eventually qualifying or being included in the S&P
- 7:18500. Do you think that you know that
- 7:22might happen? Do you think that it's important
- 7:24if that happens? Is it overhyped?
- 7:26How are you thinking about that? Yes, it might happen.
- 7:31The decisions above my pay grade, it'll be made by human
- 7:34beings, by a committee and they may or may not make it whenever
- 7:38they may or may not decide on the margin.
- 7:42I think the direction of travel is we will be incorporated into
- 7:46more and more indexes and I think eventually we will be
- 7:49incorporated in the S&P 500. I don't, I don't know when,
- 7:53right, to the extent that the S&P 500 stays relevant, right,
- 7:57The risk for them is if they don't incorporate the innovative
- 8:01tech companies, then they become irrelevant and they underperform
- 8:04versus QQQ or or some actively managed funds.
- 8:10So there's an incentive. But on the other hand, you know,
- 8:14organizations have a degree of of risk aversion and inertia to
- 8:19them. So some move faster than others.
- 8:21Even the ones who said Bitcoin is a bubble, a pet rock, right
- 8:25Jamie? Well, now they're stuck stacking
- 8:28indirectly through strategy. The irony, sailor.
- 8:32He's not backing down. He just said trillions are
- 8:35coming to Bitcoin. It's only a matter of time.
- 8:37If you have a digital currency that cannot be manipulated by or
- 8:42lose its value. So so Bitcoin doesn't really
- 8:45gain value, it's just everything else is losing value.
- 8:49So if you look at what the dollar is worth now, if you go
- 8:51back to 19, whatever, 72 pick your pick your point in time
- 8:55when we're on the gold standard and then you run it up, the
- 8:58dollar is worthless right now. So Bitcoin is just a reflection
- 9:02of Fiat currencies losing their value and that's going to
- 9:07continuously happen going forward.
- 9:10So that's why the top is not in and that's why this thing can go
- 9:15dramatically higher. And if you talk to Michael
- 9:18Saylor, Guy did that recently, it could go to what, 13 million?
- 9:22Yeah. I mean, you know, he thinks
- 9:23there's a chance the market cap of the gold is is $20 trillion,
- 9:27I think. And he doesn't see any reason
- 9:29why Bitcoin shouldn't be equal to his capacity.
- 9:31He talks about it for a while and it is.
- 9:33It's a play against you. A Fiat currency since 1930, the
- 9:37dollars are 95% of its value. I think bitcoins caught up to
- 9:41that. Very interesting stuff and I'm
- 9:43going to say. Even CNBC, and this is crazy
- 9:46online, there they said it. The dollar has lost 99% of its
- 9:50value. Bitcoin could hit 13 million a
- 9:52coin. These are mainstream media
- 9:54talking points. Now the complete destruction of
- 9:57the Fed's illusion of independence.
- 9:59And while normies are just waking up to all this, Max
- 10:01Kaiser is sounding the alarm. Kaiser says this is a monetary
- 10:05war and custody. Bitcoin is enemy property.
- 10:09If your coins are held by BlackRock, Coinbase, or an ETF,
- 10:13you don't own them. And if you think the state won't
- 10:16strike back, just ask gold holders in 1933.
- 10:20The truth is, institutions don't care about you.
- 10:23They'll crush your company with naked shorts.
- 10:25They'll sell the bottom. They'll hand over your Bitcoin
- 10:28the second they're told to. And This is why self custody
- 10:31isn't optional. It's mandatory.
- 10:34Cold storage equals freedom. If your Bitcoin isn't in your
- 10:38hands, it might as well be in Larry Thinks Man purse the US.
- 10:42That's just proved they'll sell the corn if no one's watching.
- 10:45So watch, take custody, get educated and fight back.
- 10:49Fight back by taking self custody and securing your
- 10:52Bitcoin with a cold card. Cue.
- 10:54If sketchy exchanges, locked withdrawals, seizures,
- 10:57censorship hacks and government 6102 orders keep you up at
- 11:00night, well, you can sleep well knowing your sats are stored on
- 11:03a signing device. Serious about security?
- 11:06Grab a cold card today. Use the link below and don't
- 11:08forget to use code simply for 5% off and don't forget to check
- 11:12out the tap signers. These things are awesome easy
- 11:14multi sig and also the SAT's cards make great gifts and ways
- 11:18to kind of orange pill your friends.
- 11:19So head over to coin kite and if you need any help setting up
- 11:23your cold card, getting your privacy protected or getting
- 11:25Bitcoin from an exchange into self custody and if you need any
- 11:29help setting up your cold card, getting your privacy protected
- 11:32or getting Bitcoin from an exchange into your cold card,
- 11:36our friends over at the Bitcoin way have got you covered No tech
- 11:39skills needed. They will guide you from start
- 11:41to finish on your Bitcoin journey towards sovereignty.
- 11:44Schedule a free 30 minute consultation with the best in
- 11:47Bitcoin support and services using that link in the show
- 11:49notes. Here we go. the US lost 171,000
- 11:54Bitcoin, Vanguard is being dragged into Bitcoin exposure,
- 11:58Congress is banning CBDC's and CNBC is talking $13 million
- 12:03Bitcoin. The system is crumbling.
- 12:06Bitcoin is your life raft, but only if you hold the keys.
- 12:09Let us know below. Where do you think the missing
- 12:11Bitcoin and went? And this is going to be
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- 12:40Come see Simply Bitcoin at the news desk and don't forget to
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- 12:46Hey hope you guys enjoyed this one.
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- 12:56next time if you. Prefer.
- 12:59To go down. With the ship.