Latest / Simply Bitcoin / Food. Bank Account. GONE. (Here's What They're Hiding About Bitcoin in 2026) | Simply Originals
Transcript
- 0:00Do you understand what happened in the last 72 hours?
- 0:05I'm not being dramatic. I'm being the opposite of
- 0:08dramatic. I'm the calmest person in the
- 0:10room right now. Calmer you are, which is
- 0:12absolutely terrifying because I'm barely holding it together.
- 0:16Let me read you a list. Egypt shut down shops at 9:00
- 0:20PM, mandatory work from home Sundays.
- 0:23The government internally called it.
- 0:24And I want you to hear these words.
- 0:27War economy mode, four days. And that came four days after
- 0:31the IMF just praised them and unlocked 2.3 billion.
- 0:36Turkey, their central bank, burned through 30 billion in
- 0:40March alone defending the lira and their finance minister is
- 0:44now floating the idea of selling their national gold reserves.
- 0:49That's that's what you do when everything is in tip top shape.
- 0:52Pakistan, their Prime Minister went on national TV to announce
- 0:56salary cuts and a 50% fuel allocation reduction.
- 1:00Mother Russia, Putin signed a law banning citizens from taking
- 1:04cash above 100K out of the country.
- 1:07Gold bars above 100 grams gone. They're fighting the shadow
- 1:12economy or something, they said. Wait a minute, he said shadow
- 1:15economy. Iraq banned 22 banks from dollar
- 1:19transactions and they have a cashless mandate coming for all
- 1:23government institutions in July 2026.
- 1:27South Korea launched A literal wartime economic response body
- 1:31on March 25th, chaired by the Prime Minister.
- 1:35India quietly, and I mean quietly, created a $6.7 billion
- 1:41economic stabilization fund buried in a budget supplement
- 1:45like they were hoping you wouldn't notice it between the
- 1:47footnotes. No, that's just the Armageddon
- 1:51fund and Lebanon currency down 98%.
- 1:54The war has added 14 billion in additional damage on top of
- 1:59that. That's eight countries in one
- 2:01week. And every single one of these
- 2:03governments told their citizens in the last 30 days that the
- 2:07economy was fine. Fine.
- 2:10The World Uncertainty Index, not a Bitcoin blog, not a podcast,
- 2:15the actual academic world Uncertainty Index just hit a 105
- 2:20K, the highest level in recorded history.
- 2:23Higher than COVID, higher than 911, higher than the Iraq war,
- 2:28higher than the 2008 global financial crisis, higher than
- 2:32all of it combined. I don't even know what that
- 2:34means, but welcome to simply Bitcoin originals.
- 2:37I'm Rustin and today we we are going to cover the most insane
- 2:41week of news arguably in modern history.
- 2:44We're going to talk about food, we're going to talk about money,
- 2:47and we're going to talk about who's coming for your
- 2:49retirement. And we're going to tell you the
- 2:521 exit that exists from all of it.
- 2:55We got the clips, we got the receipts, we got the means.
- 2:58Because if you can't laugh, you cry.
- 3:01But honestly, both responses are medically appropriate.
- 3:07Let's get into it. Send it before before we get
- 3:14into the full breakdown, I need to set the table because there's
- 3:18a thing happening on the media right now where they're pointing
- 3:21at Iran like it's the only story on the board.
- 3:26Iran war missiles, Strait of Hormuz.
- 3:29And yes, the Iran war is real. The stakes are real.
- 3:33The closed straight is real. We're going to get there.
- 3:37But while everyone is watching that fire, there are 15 other
- 3:41fires being lit behind them. And one of those fires, the one
- 3:45Mark Moscot, is going to affect your money more directly than
- 3:49any missile ever could. While the whole world is
- 3:52watching Iran right now, something happened this week
- 3:54that most people completely missed.
- 3:57Trump publicly went to war with the banks, and I don't mean
- 4:00metaphorically. I mean, he called them out by
- 4:02name. And the reason why this matters
- 4:04to you is simple. The outcome of this fight will
- 4:06determine which side of the biggest wealth transfer of our
- 4:09lifetime you end up on. The biggest wealth transfer of
- 4:14our lifetime? Not clickbait.
- 4:16That's the thesis. And today we prove it.
- 4:20Two wars are being fought simultaneously. 1 is in the
- 4:25Middle East. Everyone sees it.
- 4:27The other war is over the financial system itself, Over
- 4:31your money, your retirement, your savings.
- 4:34And most people, they basically have no idea what's happening.
- 4:37So today we cover both. And we tell you exactly where to
- 4:41stand when the dust settles. Let me take you through these
- 4:45countries 1 by 1, because you need to actually feel the weight
- 4:48of this. Reading the list is one thing,
- 4:50but understanding what each of these means is another.
- 4:55Egypt, the IMF, the institution that supposedly monitors global
- 4:59economic health, four days before Egypt went into war
- 5:03economy mode, literally praised Egypt and handed them 2.3
- 5:08billion. Four days later, war economy
- 5:12mode. That's like your doctor saying
- 5:14you're perfectly healthy, shaking your hand, billing your
- 5:17insurance, and then four days later you're in a coma.
- 5:21At what point do we stop trusting the doctor?
- 5:25This is just a metaphor for this thing.
- 5:28You should probably trust your doctor.
- 5:30Turkey, their central bank, burned through $30 billion in
- 5:35one month defending the lira 30 billion.
- 5:38That's not a leak in the pipe. That's the pipe exploding.
- 5:42And now their finance minister is floating, selling national
- 5:45gold reserves. When a country starts selling,
- 5:48hear me on this, that is the last resort.
- 5:52Gold is what you hold when everything else is gone.
- 5:55When you start selling gold, you're at the you're at the end,
- 5:59the last resort. Turkey is facing a last resort
- 6:03scenario. Pakistan.
- 6:05The Prime Minister went on TV to announce salary cuts and a 50%
- 6:09fuel allocation reduction. Imagine it is Christmas morning,
- 6:14your family is gathered and your father walks out in his robe and
- 6:17says good news and bad news. The Turkey is gone.
- 6:21Also, we're cutting the heat in half.
- 6:24That is what happened in Pakistan on a holiday.
- 6:28Russia again. Russia.
- 6:30Russia, Russia. Putin signed a law banning cash
- 6:33exports above 100K and gold bars above 100 grants.
- 6:38Fighting the shadow economy, the Kremlin said.
- 6:41Right, because nothing says fighting crime like banning your
- 6:45own citizens from taking their own money out of their own
- 6:48country. That's not an anti crime law.
- 6:51That's a capital control. It's capital controls.
- 6:54That's the government saying your money is ours, you're just
- 6:58holding it temporarily until we need it back.
- 7:00Iraq banned 22 banks from USD transactions in July 2026.
- 7:07Cashless mandate for all government institutions.
- 7:11Iraq went cashless. Not Norway.
- 7:14Not Singapore, Iraq. When Iraq is going cashless,
- 7:17what does that tell you about where all this is heading?
- 7:20It tells you governments want complete visibility into every
- 7:24transaction, every dollar in, every dollar out.
- 7:28They want to see it, tax it, control it and freeze it on
- 7:32demand. Why do they want these things?
- 7:34I don't know. They're sick people.
- 7:36South Korea, one of the most sophisticated, technologically
- 7:40advanced economies in the world, Battle hardened nation, economic
- 7:44powerhouse in a in its own Wei launched a wartime economic
- 7:48response body on March 25th, chaired by the Prime Minister.
- 7:52Let that sink in. Everything is fine.
- 7:55We need capital controls. And here we go.
- 7:57India secretly. I keep using that word.
- 7:59They keep meaning. It secretly created a $6.7
- 8:02billion emergency stabilization fund buried in a budget
- 8:06supplement. Why do you bury a 6.7 billion?
- 8:10Maybe because you don't want to cause a panic, Because you know
- 8:13what's coming, You're preparing. But you can't tell your citizens
- 8:17because if you tell them, the panic could start immediately.
- 8:21This is what governments do. In the hours before the storm,
- 8:24they bored up the windows quietly.
- 8:26They don't tell you there's a hurricane coming.
- 8:29Lebanon. We could do a full show on
- 8:31Lebanon. Their currency has lost 98% of
- 8:33its value, 98%. If you had $100 worth of
- 8:37Lebanese pounds at the start of this crisis, you now have $2.00
- 8:41of purchasing power. The war added 14 billion in
- 8:45additional damage on top of that.
- 8:46Lebanon is not a cautionary tale about some exotic foreign
- 8:51failure. Lebanon is a preview.
- 8:54Lebanon is what the end state of Fiat currency collapse looks
- 8:58like, and multiple governments right now are sprinting toward
- 9:03that same Cliff. This is my genuine reaction to
- 9:07every news headline I have read in 2026.
- 9:10We are four months in. And Speaking of, let's get the
- 9:13most powerful man in the world's reaction to all this.
- 9:16Our economy is booming again and America is respected again all
- 9:19over the world, perhaps like never before, with the help of
- 9:23business leaders, innovators, allies and partners like those
- 9:26in this room. Incredible people in this room.
- 9:29Credible successor is the most successful people in the world.
- 9:33We'll seize every opportunity, overcome every challenge, defeat
- 9:36every threat, and America and our allies will thrive and
- 9:40prosper and win like no nations have ever won before.
- 9:44You're going to win like you've never had before.
- 9:47Booming, He said. Booming.
- 9:49Has anyone showed up the economy since the war?
- 9:52It ain't looking good. And look, I'm not going to make
- 9:55this about Trump specifically. I mean, I like the guy.
- 9:59He's orange. I mean, you could ask almost any
- 10:03politician today if they care about or serve the will of the
- 10:07people they allegedly represent, and all you get in return is
- 10:11that blank baby eating stare sick fat.
- 10:17But not for long. Massive diets are are coming.
- 10:21And again, this is not a partisan issue.
- 10:23Every politician, every country, every party, they all have the
- 10:26exact same playbook. Deny until the walls fall down.
- 10:30It's a government thing, not a political thing.
- 10:33They lie because the truth is too expensive to say out loud.
- 10:36Oh, and while we're here, why don't we get a look at this live
- 10:40footage of Trump's foreign policy advisors planning their
- 10:44next move in the Strait of Hormuz?
- 10:54That's the energy. That's the energy of 2026
- 10:57foreign policy right now. OK, now here is the Iran story
- 11:03that nobody in the mainstream media is talking about.
- 11:07They're talking about oil. And yes, oil matters, but here's
- 11:10what actually matters. 1/3 of the world's entire fertilizer
- 11:14supply passes through that 34 kilometer straight.
- 11:19Half the world's urea, which is the primary nitrogen fertilizer,
- 11:24the thing that makes crops grow, moves through the same choke
- 11:28point. The Strait of Hormuz is not just
- 11:30an oil choke point, it is a food choke point, and right now it is
- 11:37closed. So let me give you the math. 25%
- 11:40of US farmers currently have no fertilizer secured.
- 11:43Urea is up 68% in 28 days. Russia has implemented
- 11:47fertilizer export bans. China has implemented fertilizer
- 11:52export bans. Farmers who cannot plant this
- 11:55spring will not have harvest this fall.
- 11:58This is not a future problem. The damage is already locked in.
- 12:03The food crisis is already on the calendar.
- 12:06It's approximately 6 months out and there is nothing that can
- 12:10stop it now. The damage is done. 318 million
- 12:13people were already facing acute hunger before this war started.
- 12:18The UN says 45,000,000 more could join them if the conflict
- 12:22drags past June. We have 70,000 tons of food aid
- 12:27sitting stranded at sea. This is not an oil crisis.
- 12:32This is what Simon Dixon called a transitional theater moment.
- 12:37A civilization level food shock hiding behind a war story.
- 12:42And here's what the folks at Redacted found out when they
- 12:44talked to someone actually in the food supply chain.
- 12:48You know, I, I hate to be, I mean I am a conspiracy theorist,
- 12:51but I that just means I'm a six month spoiler alert kind of guy.
- 12:56You know, a friend of the show, David Icke has been saying you
- 12:57need to step back from what's happening in Iran.
- 12:59You need to see the larger picture here, which is they're
- 13:02they're intentionally doing this, that intentional scarcity
- 13:05so they can, as you pointed out during COVID, prevent us from
- 13:08eating meat, right? Move us to like an all electric
- 13:12future, reduce our dependency on farms, take away this land,
- 13:17consolidate the consolidation control.
- 13:20Is he wrong or is he right? Yeah, He's got a lot of really
- 13:24valid points there. I mean, we did see all of that
- 13:27happening and still perpetuating today through different
- 13:31organizations. Like in the West, one of the big
- 13:33things we're dealing with is the loss of of grazing land for our
- 13:37cow calf ranchers. That means those particular
- 13:40ranchers have Mama cows that have the babies and that feeds
- 13:43into the downstream pipeline. But public land grazing, which
- 13:47is like your Bureau of Land Management from the Department
- 13:50of Interior or your Forest Service from USDA state trust
- 13:54land, these kinds of things. Ranchers have a lease on those
- 13:57to raise their cows, but you get these environmental Eng OS that
- 14:01come in and they cause havoc and they'll sue and settle to reduce
- 14:06the number of livestock that a rancher can produce on those
- 14:09lands. You know, in the 1935 before the
- 14:12tape, yeah, 1935 before the Taylor Grazing Act, we had
- 14:1518,000,000, what they call AU Ms. animal units a month.
- 14:19That means a Mama count, a baby cow is considered one AUM.
- 14:22So in 1935 we had 18 million in the West.
- 14:25Today we have 8 million because the ranchers are being squeezed
- 14:30at every turn. That's our food supply live.
- 14:34Yeah. Livestock on public land is what
- 14:37refertilizes the soil so that we have grass while that's being
- 14:41reduced. So we're seeing desertification
- 14:43happening in the West because of the lack of ruminating animals.
- 14:46Wildfires are out of control because the reduction of grazing
- 14:49and logging. So we have these very unhealthy
- 14:52forests that are tinderboxes ready to explode without the
- 14:56grass. It also breaks up what we call
- 14:59your what's, what's your local water cycles.
- 15:01About 40% of your moisture supposed to come naturally from
- 15:04local water cycles, which is created by grass and and
- 15:08vegetation. That's all going away because of
- 15:11these fights that that ranchers have been in and largely unheard
- 15:15for decades. A six month spoiler alert kind
- 15:18of guy. That's us.
- 15:20That's kind of this show. We're the six month spoiler
- 15:23alert. We tell you what's happening
- 15:25before the mainstream admits it already has.
- 15:27And the spoiler right now says famine.
- 15:30Not in some distant developing country, in the developed world,
- 15:33in your grocery store, in your fuel station, in your supply
- 15:38chain. AJ Richards has one more thing I
- 15:41need you to hear. It's not unbelievable at all.
- 15:44I mean, we befriended the show. Dane Wigington, of course, from
- 15:46geoengineeringwatch.org. He's been saying, if you noted,
- 15:50have you seen what's happened to these farms?
- 15:52Have you seen what's happening to this land?
- 15:54It just the desertification of this land, the trees that are
- 15:57just falling apart and just collapsing and you know, you see
- 16:03what's happening with the spraying in the skies.
- 16:05Has the spraying in the skies affected you in at your farms?
- 16:10Yeah, in some areas. I just watched a woman today
- 16:15given a testimony in South Carolina where she has a farm
- 16:19and she's been monitoring, she's an animal specialist in a, in a
- 16:22local farming group. So she's, you know,
- 16:25knowledgeable in this. And she said she's lost 80% of
- 16:28her butterflies just in the last three years because she
- 16:31monitored those things. She was trying to create a
- 16:33habitat for the monarch and her neighbors do bees and they've
- 16:37seen significant reduction in in their bees around their farm.
- 16:41And this was all focused on atmospheric or spa aerosol
- 16:45sprays as the cause. That's unbelievable.
- 16:48I know this morning I went out here in Colorado and three Criss
- 16:51crossing patterns right in the sky.
- 16:53And then within about 20 minutes I posted this on Twitter.
- 16:56Within about 20 minutes, the entire area where those have
- 16:58just been sprayed were fully dart fully clouded covering it
- 17:03to keep the sun out, you know, because we want to dim
- 17:05everything. It's it's so deeply troubling.
- 17:09I can't. I just, it just disheartens me
- 17:13because how are we allowing this to happen?
- 17:15How are we allowing this to happen, to go from 18,000,000
- 17:19animals in the 30s to a population that's exploded in
- 17:23the United States and now we have 8 million?
- 17:26That's right. Yeah.
- 17:27We're at the lowest herd numbers since 1950s, but we've got 320
- 17:31million people to feed. So this, this to me, This is why
- 17:35it's been my focus. You know, all these other things
- 17:37that they do matter. And, you know, I always say pick
- 17:40a hill to die on because there's plenty and somebody needs you to
- 17:42stand shoulder to shoulder with them.
- 17:44But quite frankly, none of those hills matter if you're starving.
- 17:48It really doesn't like famine is is the game.
- 17:52It's the game over. It's the checkmate.
- 17:53And so we need to back our family farms and ranches in this
- 17:57nation. Give the people who want to
- 17:59become farmers and ranchers a reason to take that on and get
- 18:03into it. You know, one of the good things
- 18:05that came from COVID, people woke up and one of the fastest
- 18:09growing movements in the nation is homesteading.
- 18:12I mean, there's a, there's so many people there.
- 18:14Famine is the checkmate. It's a 99 move chess game, and
- 18:18famine is the move that ends. It doesn't matter how smart your
- 18:22economic policy is, doesn't matter how sophisticated your
- 18:26financial system is, doesn't matter what your central bank
- 18:29interest rate is. If people cannot eat,
- 18:32civilization stops. Full stop.
- 18:35And every single supply chain variable we're watching right
- 18:38now is pointing in the same direction.
- 18:41Strait of Hormuz closed, fertilizer supply collapsing,
- 18:45Russian exports banned. Chinese exports banned, US farm
- 18:49inventories depleted, food aid stranded 1 Domino, maybe bad
- 18:53luck. Three Domino's same week.
- 18:56It's like an organized plan. All right, now let's get to the
- 19:00part of the show that I think is going to make your blood run
- 19:02cold because the food crisis is horrifying as it is.
- 19:06You can see it coming. You can prep.
- 19:08You can stack extra groceries, know a local farmer grows
- 19:12something in your backyard. But this next thing, this is
- 19:17invisible. It's quiet, it's legal, and it's
- 19:20already in motion. Fox News.
- 19:22Yeah, Fox News, not some fringe newsletter, not some Bitcoin
- 19:25blog, ran this headline. Wall Street could seize your
- 19:29retirement savings in the next financial crash, and it's
- 19:33perfectly legal. Let me say that one more time.
- 19:37Slowly. Wall Street could seize your
- 19:40retirement savings in the next financial crash and it is
- 19:44perfectly legal. Now.
- 19:47How is this possible? Let me explain what the great
- 19:50taking is because I know some of you have heard of it.
- 19:52We've we've showed you clips, we've done it before, and some
- 19:55of you are about to have your mental model of reality
- 19:58completely shattered. When you hold stocks, bonds,
- 20:01mutual funds or ETFs inside your brokerage account, your 4-O1K,
- 20:05your IRA, your retirement account, you don't technically
- 20:09own those assets outright. You own.
- 20:13What's called a security entitlement, which is legal
- 20:16language for you own a claim on an asset that belongs to a
- 20:20pulled account held on your broker, who holds it through a
- 20:24custodian, who holds it through a central securities depository.
- 20:28In plain English, if your broker goes bankrupt in a crash, you
- 20:31are an unsecured creditor. The secured creditors, the big
- 20:36banks, the hedge funds, they get paid first.
- 20:38You get whatever's left, which in a real crash, could be
- 20:44absolutely nothing. This is not a theory.
- 20:46This is black letter U.S. law. It was quietly written into the
- 20:50system in the 1990s while nobody was watching, while everybody
- 20:53was distracted bythe.com boom. Secured creditors, big banks and
- 20:59hedge funds. They get paid first.
- 21:01You, the unsecured creditor, get whatever's left.
- 21:05Simon Dixon has been sounding the alarm on this architecture
- 21:08for years, and here's the core of what he said to Peter
- 21:12McCormack. And by breaking the financial
- 21:14system, we know what the end result of breaking the financial
- 21:17system always is. It means that you socialize the
- 21:23losses and privatize the gains. Socialize the losses, privatize
- 21:29the gains. That's the entire history of
- 21:31modern banking. In six words.
- 21:33When the banks win, they keep the money.
- 21:36When the banks lose, you pay for it through bailouts, through
- 21:39quantitative easing, through inflation that destroys your
- 21:42purchasing power, and ultimately through the great Taking where
- 21:45they literally reclaim the assets you thought you owned.
- 21:49And everything is pointing to the next print being the biggest
- 21:54one we've ever seen. Here's a clip that's been
- 21:57circulating that captures exactly where we are.
- 22:00You still need a 10 year plan to figure out how to beat inflation
- 22:04and survive in a multipolar world.
- 22:06And the only thing I know about that is hard assets, you know,
- 22:10physical assets. The next crisis is a self
- 22:13custody play. Definitely custodians versus
- 22:16self custody. That's what goes wrong.
- 22:18You know, there's many different theories on that.
- 22:20The only strategy is the big print in the West.
- 22:23You know, a Larry Leopard who wrote a book on that, Like,
- 22:26yeah, there'll be a bigger print than COVID.
- 22:28It's the only strategy. There's no other thing.
- 22:32There's no way around that. And everyone needs to just
- 22:36understand the fixed assets is the way to solve that.
- 22:40And we enter into a world where your government might confiscate
- 22:44your assets or they might tax your assets in order to stop you
- 22:49from leaving. And so everyone just needs to
- 22:51work on the sovereign side. That's solvable.
- 22:56And you need a 10 year plan to do that.
- 22:58And you need to start today. You know, don't say it's too
- 23:03late. It's not too late.
- 23:06You know you need it. You need 10 years to to really
- 23:08plan for that. Multiple bigger than the
- 23:10pandemic. Do you remember COVID printing?
- 23:13The Federal Reserve printed approximately $5 trillion in 18
- 23:17months. M2 money supply went from 15
- 23:20trillion to $22 trillion in 18 months.
- 23:24Multiples of that. You know, Larry Leopard's the
- 23:27big print, You know that. Oh yeah, that's coming.
- 23:31The big print is coming and maybe the big taking is coming
- 23:35as well. The great taking, those
- 23:39predictions are likely to come true there there is no
- 23:41alternative but big print after this.
- 23:43Yeah. And the big print will be
- 23:47returned to fiscal dominance, weaking of the dollar and then
- 23:51capital outflows and and multi polar world.
- 23:53Print or collapse, those are the two options.
- 23:57There's not really a third door in the banks, and anticipation
- 24:00of that moment have been running a very specific playbook.
- 24:03Mark Moss documented it brilliantly.
- 24:06Let me show you the mechanics of exactly how they're using your
- 24:10money right now. Right now there's approximately
- 24:12$6.6 trillion sitting in customer deposits at U.S. banks.
- 24:186.6 trillion. That's your savings, that's your
- 24:22checking account, that's your emergency fund, and it's all
- 24:25parked at the bank. And what do they pay you for the
- 24:28privilege of holding your money? They pay you about 0.1%, maybe
- 24:33if you're lucky, 10 basis points.
- 24:35Meanwhile, at a minimum, the banks are making 200 billion a
- 24:38year on that same money, risk free.
- 24:42They take your deposits and then they lend it back out at six or
- 24:45seven or 8% on mortgages, on car loans, on credit cards, and then
- 24:50they pocket the whole difference. $100 billion a year
- 24:54risk free on your money, you know what you earn on that same
- 24:58money in a savings account if you're lucky, 4%, maybe 5 while
- 25:03they're making 678 by lending it back out as a 30 year mortgage.
- 25:08And here's the part that should terrify you, because it's the
- 25:11structural weakness that makes all of this very dangerous.
- 25:15The. Second, you deposit that money,
- 25:17the bank loans it out. Not for a week, not for a month,
- 25:20Sometimes 15 years, 20 or sometimes 30 years, right?
- 25:25That's your neighbor's mortgage. That's a commercial real estate
- 25:27loan. That's AI don't know, seven-year
- 25:30car loan. Your money has been deployed.
- 25:33It's not stored there at the bank.
- 25:34This is called fractional reserve banking and and it works
- 25:39as long as everyone doesn't ask for their money back at the same
- 25:41time. 30 years, your money, their mortgage, your risk.
- 25:46Because here's the part that actually keeps me up at night.
- 25:49They're not just profiting off your deposits, they're using
- 25:52your deposits to back their leveraged bets.
- 25:55And when those bets go wrong, and historically they always
- 25:58eventually go wrong, the collateral that gets seized in
- 26:01the bankruptcy proceedings is your account.
- 26:05This isn't speculation. This is the legal architecture
- 26:08of the system, written quietly into law, hidden in the fine
- 26:11print. And Speaking of legal
- 26:13architecture that was quietly written while nobody was
- 26:16watching, let me introduce you to something called Basil 3.
- 26:20Basil 3 is the new international banking regulation that went
- 26:23into effect this year. And on the surface, it sounds
- 26:26boring. Capital reserve requirements,
- 26:28regulatory framework yarn, right?
- 26:30Here's why it matters. Basil Three forces banks to hold
- 26:33more capital in reserve against their riskier assets, which
- 26:37sounds responsible. And until you realize under the
- 26:40new rules, U.S. Treasuries, government bonds are
- 26:43classified as zero risk assets, meaning banks don't need to hold
- 26:47any extra capital against them. Do you see where this is going?
- 26:51But mortgage-backed securities? Corporate bonds, Loans to small
- 26:55businesses? Those get hit with higher
- 26:58capital requirements. So what do banks do?
- 27:01Exactly what you'd expect. They load up on Treasuries.
- 27:05They pull back from small business lending.
- 27:07They pull back from regional mortgage markets.
- 27:10They become, by regulatory design, captive buyers of
- 27:14government debt. Your bank deposits?
- 27:17Funding the government's deficit spending directly by legal
- 27:21mandate. That is not a free market.
- 27:23That is a command economy with extra steps and a better PR
- 27:28team. It's a loop.
- 27:30It's a closed loop where you fund the government, the
- 27:33government spends it at Princemore to cover the gap,
- 27:35inflates your purchasing power away, and your deposits start
- 27:39the cycle over again. And if you think your retirement
- 27:41account is safer because it's an IRA or 4-O1K Fannie Mae, you
- 27:45just reminded us all why that's a dangerous assumption.
- 27:49Fannie Mae, the government sponsored entity that backs
- 27:52about 70% of the US mortgage market, just quietly disclosed
- 27:56in their Q 12026 filings that their non performing loan
- 28:00exposure has increased by 31% year over year.
- 28:04Why does this matter you ask? Well, non performing loans,
- 28:09that's a fancy term for for loans where people have stopped
- 28:13paying 31% and one year in the entity that backs 70% of
- 28:20America's mortgages that sits inside virtually every bond
- 28:24fund, every target date retirement fund, every safe
- 28:28portfolio that your financial advisor built for you and called
- 28:32conservative. Conservative.
- 28:34Nothing about this is conservative.
- 28:36It's the most aggressive, leveraged, interconnected,
- 28:40fragile structure ever built, and the people at the top of it
- 28:43have already written the laws that protect them when it fails.
- 28:47Not you, Deb. Real quick, before we bring it
- 28:50home today, look at our likes 3 or 4 times.
- 28:53Maybe I'll pump those numbers up.
- 28:54Those are rookie numbers in this racket.
- 28:56I need to tell you about the tools that can actually help you
- 28:59navigate everything we just talked about.
- 29:01Secure your future today with our friends over at The Bitcoin
- 29:05Way. Ready to truly master Bitcoin?
- 29:07Storing it safely, sending it freely and saving it for the
- 29:10future, including smart inheritance planning.
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- 29:33Bitcoin Way. Schedule a free 30 minute
- 29:35consultation today using that link in the show notes.
- 29:39Weren't on board with China's plan.
- 29:41They're the ones that would be derailing the plan.
- 29:44Any of those hardliners in Israel may be trying to derail
- 29:47the plan. Any of those hardliners in
- 29:49America, the neocons, may be trying to derail the plan.
- 29:52You push them all out, they try and derail the plan.
- 29:54They kill schools, you know, children in schools.
- 29:57They blow up. They try and get Saudi Arabia to
- 30:00retaliate. They start doing false flags all
- 30:03across and say that's Iran, that's Iran.
- 30:06And so now you're having the dismantling of all the false
- 30:08flag operations and decapitation campaigns of anyone that
- 30:12wouldn't been in board the plan. You replace Khomeini with
- 30:16Khomeini and Khomeini who was cooperating I believe and
- 30:22negotiating probably agrees to a regime change.
- 30:26I don't know the details of that, but it's not a regime
- 30:29change because you can't destroy Iran.
- 30:33If you if you literally did a real regime change, it would be
- 30:38the region would be in chaos. This is Syria with 90 million
- 30:41people, one of the most, you know, extensive military mights
- 30:46in the world. You can't do all of the protests
- 30:49were 100% manufactured like you. You don't, you don't have a
- 30:53revolution where the people uprise and then take over one of
- 30:57the largest militaries in the world.
- 31:00That only happens if you have an alternative military and the
- 31:03military goes with the revolutionaries and then you
- 31:07have a coup. There was no coup.
- 31:09There was no army. It was just literally kill the
- 31:13currency, which Scott percent admitted to.
- 31:16Lindsey Graham said Mossad were on the streets.
- 31:19You create economic circumstances, which is a
- 31:22disaster. So destroy all their savings,
- 31:25get an Internet blackout. And what do I think IRGC were
- 31:28doing? They were probably arresting and
- 31:30taking out the hardliners in their own internal system that
- 31:35were not on board with the plan. And so then you outsource to
- 31:39Israel and America decapitation campaigns, take out the people
- 31:44that are not on board the plan, destroy, you know, destroy, have
- 31:49real bad damage on Israel. And then you have a three-way
- 31:52narrative at the end of it. So oil puts a time frame.
- 31:56You can tell this is fake because right now, if this was
- 31:59real, if this was real, not only would you have an increase in
- 32:02the price of oil, but gold would be soaring as well.
- 32:05Gold's not soaring right now. Gold's been flat, if not down,
- 32:09while oil was rising. That means the insiders in the
- 32:13market know that there's a time frame on this war, and it's not
- 32:15a forever war. If this was going to blow up the
- 32:18Middle East, gold would be going through the roof and oil would
- 32:21be going through the roof In Sync.
- 32:23It's not. So there's going to be an off
- 32:26board and everyone needs a three-way narrative.
- 32:29Israel needs to say we did the decapitation campaigns.
- 32:32We've we chopped off the head of the snake.
- 32:35Meanwhile it's burdened with that and it's got less military
- 32:37all degraded. The Gulf countries will
- 32:40renegotiate those contracts with some American, some some China,
- 32:45most Russia, most Russia and China in, in terms of those,
- 32:49those bases probably won't be rebuilt for American interest.
- 32:55America is now an energy exporter.
- 32:56It gets Europe, it gets Central and South America.
- 33:01And, you know, and then what did the Gulf countries do in their
- 33:04retaliation? They said we're reconsidering
- 33:06our investments in the US. Trump said we've got 18 trillion
- 33:11investment, 18 trillion foreign direct investment means you're
- 33:14acquiring the assets of America so you can leverage America, you
- 33:19know. And so they said we're going to
- 33:21rethink those. What were those?
- 33:22The ones they're going to rethink?
- 33:24Those were mainly defence and artificial intelligence.
- 33:26That's what all the investment was.
- 33:29They said we're going to rethink here.
- 33:31That creates a problem with the AI trade in America.
- 33:34You get a correction of the market.
- 33:35You get the private credit market blowing up.
- 33:38What's the time scale on all this?
- 33:40Exactly what what is happening in April, in April is the China
- 33:46Summit, which is a meeting between President Trump and Xi
- 33:49Jinping. It will be done by April, is my
- 33:52prediction. April.
- 33:53Yeah, so in in that meeting will be the official.
- 33:59You'll you'll probably need a theatrical, you'll need a
- 34:02Hollywood movie from Trump. Trump needs a Hollywood movie.
- 34:05Controlled demolition. That's the frame.
- 34:08This is not a random crash waiting to happen.
- 34:11The crashes that we've lived, lived through 2000, 2008, 2020,
- 34:15they were not accidents. There were transfers.
- 34:18Every single one of them transferred wealth upward from
- 34:20the many to the few, from the savers to debtors, from the
- 34:24unconnected to the connected. And the system is designed
- 34:27legally, architecturally, by deliberate regulatory
- 34:30construction to do it again, bigger, faster, and more
- 34:34completely. Unless, unless you're not in the
- 34:38system when it happens. That's the entire thesis of this
- 34:41channel. That's what we've been saying
- 34:43for years. That's what the data is now
- 34:45screaming at. Anyone willing to look.
- 34:47But before I tell you what the exit looks like, we need to talk
- 34:51about one more weapon they're building.
- 34:53The one that would close every remaining door permanently.
- 34:58So you put everyone else in AAI Robotics and and and please
- 35:04state so you can deal with all the civil unrest that comes from
- 35:07it. So if you are now losing your
- 35:10primary source of profit, which was war in the Middle East, you
- 35:14need region, you need, you need a, you need civil unrest within
- 35:19Europe, but not where it affects the stock market, just where it
- 35:23extracts wealth and and and extracts more resources.
- 35:28But we can't have absolute chaos.
- 35:30So we need Palantir, we need a police and surveillance day.
- 35:33We need digital ID, we need central bank digital currencies.
- 35:36What else did happen? Taiwan.
- 35:38This is interesting. What happened during this war?
- 35:40They said in order to preserve energy because not Taiwan,
- 35:43Thailand. Sorry.
- 35:45In order to preserve energy, everyone needs to stay at home,
- 35:49work from home. The pandemic narrative ain't
- 35:53going to work again. So now they've created another
- 35:55one in order to preserve energy costs.
- 35:57Please, everyone stay at home. We need to save energy while we
- 35:59deal with this crisis. Do you know simulation theory?
- 36:05I haven't looked into it too much, but I'm aware.
- 36:07Of it, yeah. The, the premise that we've gone
- 36:11since the invention of computers to now over really decades
- 36:17really, that you've gone from a computer that can do basic math
- 36:22to be able to create worlds like Fortnite.
- 36:27Give it another 100 years, you'll be able to probably
- 36:30recreate human existence, the world that we live in, as a
- 36:32simulation. That's the thesis that if you
- 36:34can do it, you'll do it thousands and millions of times.
- 36:38So we're probably in a simulation.
- 36:40It does feel like we're in some game.
- 36:42It's just a game feels like it feels like an Do you remember
- 36:45Risk? I do, yeah.
- 36:47It just feels like risk. Yeah, yeah, I completely agree.
- 36:50And I think we're all feeling that right now.
- 36:52So on the psychological level, you know, getting down to the
- 36:54micro, the, the, the humanitarian cost of this is, is
- 36:58an absolute pandemic. So the real pandemic is the
- 37:02psychological trauma that we're all being put through.
- 37:04Are you feeling Oh, 100% like I am My, my, my world is not the
- 37:10same world that that I understood or knew and you know.
- 37:14How certain are you in your thesis here?
- 37:19I'm not certain on the detail. I could get lots of details
- 37:21wrong in that, but I'm certain on how the world is governed
- 37:26now. Sorry, Simon, For me at my age,
- 37:32it seems like I don't, I'm trying to make sense of it.
- 37:36Is it, is it bad timing for me or has it always been like this?
- 37:40It's always been like this. You're just, but is it
- 37:42collapsing now? You're just in the wrong region
- 37:45of the world because what you're experiencing right now is 1% of
- 37:51what people experienced on the wrong side of these bombs.
- 37:55You're getting the team down version and we're all going
- 37:58crazy, right? We're, we're, we're all like
- 38:00becoming absolute nuts and we can't have children and we're
- 38:03all going crazy, right? The rest of the world has been
- 38:07on the wrong side of these bombs.
- 38:09We're only getting 10% of what they got.
- 38:11And they survived and they were strong at the end of it, and
- 38:14they're still here. OK, let's build because I know
- 38:17that was a lot. I know it feels like a doom
- 38:19spiral. 8 countries, food crisis, the great taking CBDC's.
- 38:23I know. But here is what I need you to
- 38:25understand and this is the most important thing I'll say today.
- 38:29None of that is happening to us. All of that is happening for us,
- 38:34for us. What the hell am I talking
- 38:36about? Well, because every single one
- 38:38of those systemic failures is making the case for Bitcoin
- 38:42louder, clearer, and more undeniable than any of us could
- 38:45make it ourselves. We don't have to convince anyone
- 38:48anymore. The governments are doing it for
- 38:50us. Let me show you what I mean.
- 38:52Egypt goes into war economy mode.
- 38:55People lose faith in the Egyptian pound.
- 38:57Bitcoin fixes this. Turkey burns 30 billion
- 39:01defending the lira. People lose faith in the lira.
- 39:03Bitcoin fixes this. Pakistan cuts fuel and salaries.
- 39:07People lose faith in the rupee. Bitcoin fixes this.
- 39:11Russia bans cash exports. Capital controls are officially
- 39:15here. Bitcoin fixes this.
- 39:17Lebanon currency down 98% total Fiat collapse.
- 39:20Bitcoin fixes this. Fannie Mae non performing loans
- 39:23plus 31% bond markets under stress.
- 39:27Bitcoin fixes this. The great taking threatens your
- 39:31retirement. You cannot be an unsecured
- 39:33creditor if your asset is self custodied.
- 39:36Bitcoin fixes this. CBDC's threatened to make money.
- 39:39Programmable, decentralized, uncentrable money fixes this.
- 39:43So therefore Bitcoin fixes this. Every problem we covered today
- 39:47had one structural solution, one asset class that was
- 39:51specifically designed by Satoshi and the white paper from the
- 39:54very first line for exactly this moment, a purely peer-to-peer
- 39:58version of electronic cash that would allow online payments to
- 40:02be sent directly from one party to another without going through
- 40:05a financial institution, without going through a financial
- 40:08institution. Do you understand how pathetic
- 40:10that line is in 2026? Not with better financial
- 40:15institutions. Not with more regulated
- 40:18financial institutions without them.
- 40:21Entirely because the problem we just documented for like over 20
- 40:25minutes, the Basil 3 loop, the great taking, the CBDC
- 40:28architecture, all of it flows from from one root cause.
- 40:32You are required to route your money through third parties, and
- 40:35those third parties have legal, regulatory and institutional
- 40:38power over your wealth. Remove the third party.
- 40:42Remove the problem that is the Bitcoin thesis.
- 40:46It was the Bitcoin thesis in 2009.
- 40:49It is the Bitcoin thesis today. And the world just spent 72
- 40:53hours proving why it's correct. Let's talk about what happens
- 40:58next, What happens from here, and more importantly, what
- 41:00should you and I be doing about this?
- 41:02How do how do we think about this now?
- 41:04We have a very recent road map for this.
- 41:06Last year, Congress passed the Genius Act.
- 41:08All right. This was the first federal
- 41:10stablecoin framework that went through.
- 41:13Now, what we saw is as the bill started advancing through
- 41:16Congress, Bitcoin ran from 74,000 to as high as 126,000.
- 41:22And that's not like a coincidence.
- 41:24When regulatory uncertainty clears capital that's been
- 41:28sitting on the sideline, it starts coming in.
- 41:31It's been waiting for clarity. And so it comes in fast.
- 41:33And when the capital moves into Bitcoin, then it moves the price
- 41:36up. The Clarity Act, that's the next
- 41:38step, right? It's way bigger than the Genius
- 41:40act because the Clarity Act doesn't just regulate
- 41:43stablecoins. It creates framework for the
- 41:45entire digital asset market. It legitimizes the entire
- 41:49ecosystem and section four O 4, the stablecoin yield provision
- 41:53that starts pulling capital out of the banking system and into
- 41:57the crypto infrastructure. All right, so we have a
- 42:00documented recent example of exactly what happens when crypto
- 42:03regulation advances and we can see the setup.
- 42:06It's all forming right now. And look, I'm not going to tell
- 42:10you exactly when this passes or, or you know what bitcoins going
- 42:13to do because obviously I don't know that nobody knows that we
- 42:16could see more volatility before the breakout.
- 42:18I'm guessing that's probably what we'll see, right?
- 42:20That's the nature of this asset. But here's what we do know.
- 42:23The 1913 restructuring created generational wealth for the
- 42:27people who understood it. The 1971 restructuring, it did
- 42:30the same thing. Both times there was a window,
- 42:34and both times most people missed it.
- 42:36All right? And we're in that window right
- 42:38now. The banks are fighting this
- 42:40because they have to. Trump is pushing this because he
- 42:43has to. The infrastructure is being
- 42:45built because the market wants it.
- 42:47The market demands it. Now, when those three forces are
- 42:49moving in the same direction at the same time, that's not
- 42:53coincidence. That's momentum.
- 42:56So the question that I would spend time on, the question
- 42:59we're spending some thought on isn't whether this happens, it's
- 43:04whether you understand it well enough to act before everybody
- 43:07else. Catches on.
- 43:08Which side of the wealth transfer are we going to be on?
- 43:10That's the only question that matters, apparently.
- 43:13Not whether this crash is coming.
- 43:14It's coming. Not whether the printing
- 43:17happens. It's going to happen.
- 43:18Not whether the great taking is real, the laws on the books.
- 43:22The question is where are you when it does?
- 43:26And if you're inside the system, in the bank account, in a four O
- 43:281K in a brokerage that holds your security entitlement, you
- 43:33are an unsecured creditor. You are collateral.
- 43:37You are on the wrong side of the transfer if you hold self
- 43:40custody. Bitcoin.
- 43:41Not Bitcoin in exchange, not Bitcoin in an ETF.
- 43:45Actual Bitcoin on a hardware wallet with your keys.
- 43:48You are outside the system. You are not a creditor of
- 43:51anyone. You are the owner, full stop.
- 43:54Your keys, your coins. No one can basil three your
- 43:56Bitcoin. Nobody can seize your Bitcoin in
- 43:58a bankruptcy proceeding. Nobody can program your Bitcoin
- 44:01to expire. Nobody can freeze your Bitcoin
- 44:03for posting the wrong opinion. It is the only asset on earth
- 44:07that is structurally immune to everything we talked about
- 44:10today. Now I want to be honest with you
- 44:12because I always try to be honest with you.
- 44:14Bitcoin is not a 72 hour fix for a 72 hour crisis.
- 44:19If Egypt is in war economy mode and you're in Egypt and you have
- 44:230, Bitcoin today is harder than it needed to be.
- 44:26If Pakistan cut your salary and your savings are in rupees,
- 44:29today is harder than it needed to be tomorrow.
- 44:32Next month, next year can be different if you start the
- 44:36process today. So here is the Simply Bitcoin
- 44:39call to action, and it's not complicated.
- 44:42Step one, get off 0. Buy any amount of Bitcoin today.
- 44:45Not when you understand everything, not when the price
- 44:48dips today. The best time to start was years
- 44:50ago. Second best time is now.
- 44:53Step 2, get it off the exchange and exchange is a third party.
- 44:57A third party is a counterparty risk.
- 44:59See everything we just covered about counterparty risk.
- 45:02Buy it and then move it to a hardware wallet that you
- 45:05control. Step three, stack consistently.
- 45:08Dollar cost average every week, every paycheck, every month, add
- 45:11to the stack. You don't need to go all in, you
- 45:13need to go all in on the process.
- 45:18Consistent accumulation over time is how you build a position
- 45:22that matters. Step 4.
- 45:24Learn while you stack. That's what this show is for.
- 45:27And many others. All of them.
- 45:29We're not going anywhere. Every week we bring you the
- 45:32receipts. Every week we show you why the
- 45:35system is failing and exactly how Bitcoin fixes it.
- 45:38You don't have to figure this out alone.
- 45:40And if you ever need liquidity, you don't have to sell your
- 45:44Bitcoin. So why would you sell your
- 45:46future? Leaden just dropped their lowest
- 45:49rates ever. The larger the loan, the lower
- 45:51the rate your Bitcoin is. Never let out, Never touched
- 45:55eight years, 10 billion in loans, 0 losses.
- 45:58Simply Bitcoin clients get an extra 25 basis points off their
- 46:02first loan. Get liquidity without giving up
- 46:05your stack. Go to leaden dot IO using that
- 46:07link in the description. I don't want to say one more
- 46:10thing before we get out of here. The people who are going to be
- 46:14on the right side of the biggest wealth transfer in human
- 46:16history, they're not the smartest people.
- 46:18They're not the richest people. They're not people who just got
- 46:22lucky on timing. They are the people who decided
- 46:25to understand, who decided to stop trusting the systems that
- 46:29have been quietly betraying them for decades, who decided to opt
- 46:33out peacefully, nonviolently, through the most elegant
- 46:36financial act of self determination in history, buying
- 46:39and holding a fixed supply asset that no government can inflate.
- 46:43Seize program or freeze. That's the peaceful revolution,
- 46:47and that's what this channel has always been about.
- 46:50And if there was ever a week to understand why it was this one,
- 46:54here's a hard truth. Bitcoin protects your wealth,
- 46:56but it won't keep you connected when the grid goes down.
- 46:59SAT 123 fixes that. Satellite phones.
- 47:02Starlink kits, Faraday bags built for people who take
- 47:05sovereignty seriously. Use code simply@sat123.com for
- 47:1015% off set123.com. Use code simply.
- 47:16All right, that's the show. And look, I want to hear from
- 47:18you. Drop in the comments.
- 47:19Which country shocked you the most this week?
- 47:21Egypt going into their war economy mode four days after
- 47:25getting IMF money. Turkeys selling national gold.
- 47:29Pakistan cutting salaries. Tell me in the comments if
- 47:33you're new here, welcome. You found us at a very
- 47:36interesting time. Go ahead and hit subscribe.
- 47:39Every week we bring you the news that matters, the receipts that
- 47:42backing up and the Bitcoin solution that makes it all makes
- 47:46sense and gives you hope and any semblance of a future.
- 47:49If you've been with us, you already know.
- 47:51Give us a pair. Share this episode.
- 47:53Share it with one person in your life who is still sitting in a
- 47:57bank account wondering why they're purchasing power.
- 48:00Feels like it's been cut in half.
- 48:01This episode may be the answer to that question.
- 48:04Do not trust banks with your future.
- 48:06Do not trust governments to tell you the truth.
- 48:08Do not trust the IMF four days before war economy mode trust,
- 48:12math trust and scarcity. Trust the 21 million sets, opt
- 48:18out and I'll see you next time. Love you guys, pooch.
- 48:22If you prefer to go down with the ship.