Latest / Simply Bitcoin / Did Iran and Silver Just Signal Bitcoin’s Next Big Move? | Simply Originals

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Did Iran and Silver Just Signal Bitcoin’s Next Big Move? | Simply Originals · Simply Bitcoin

0:00
Silver just exploded past $90.00 an ounce for the first time in
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history. Not slowly, not over years, in a
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matter of days. Silver was under $80 on Friday.
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It's over $91.00 today. Copper just hit a new all time
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high, up 40% in six months. Gold record highs, stocks record
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highs, homes record highs, debt record highs, and rolling money
0:26
market funds record highs. Everything at the same time.
0:30
This is what currency failure looks like. the US Mint just
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suspended all silver sales. They ran out because while
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you're being told that inflation is under control, the money
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supply just quietly jumped 1.65 trillion in a year.
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That's 116 billion a month. Printed, injected, debased, and
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now the Fed is panicking. PPI just re accelerated.
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Rate cuts are being pulled back. Jerome Powell is boxed in and
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Trump is not not going to like what comes next.
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But none of that is the real story.
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The real story is this. Every single asset that can be
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debased is being repriced at the same time.
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And when that happens, history tells us one thing.
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The hardest asset always runs last, and it runs the hardest.
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Bitcoin already flipped silver once.
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It's going to do it again. And when it does, this won't
1:22
look like a rally. It will look like a monetary
1:25
upheaval. Because while bankers of the
1:27
world are uniting to protect a dying system, the biggest middle
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finger in financial history is quietly preparing to go
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vertical. Orange Tuesday already hit Iran,
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and it's coming to a country near you.
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Come back on, Ruston, and you better strap in, because we've
1:43
got a monster of a show today. That's right.
1:51
The Fed has never been independent.
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You got a $38 trillion indebted drunken country that is addicted
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to spending money and you think the people that set interest
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rates is independent. I mean, but like, be be a
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serious person. Are we able to pay back what
2:11
we've borrowed based on the growth we're producing today?
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When you have a number that's over 120%, the answer to that is
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overwhelmingly no. We have zero chance at paying
2:24
back and making whole on the 38 plus trillion dollars worth of
2:29
debt we've accumulated. And by the way, the cost of
2:34
interest on our $38 trillion, well it is over 100% of our
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receipts of our revenue. So when you have debt to GDP at
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over 120% and when your interest expense alone, guys, not our
2:52
defense budget, not our Social Security budget, not Health and
2:57
Human services. Just.
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The interest on our $38 trillion of debt we cannot pay with
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receipts. So understand this.
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The Federal Reserve in setting interest rates defines U.S.
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economic policy, US foreign policy, EU s s ability to defend
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itself. So mathematically, the Fed is
3:26
the furthest thing from independent because these
3:30
degenerate politicians have run the Great West and the United
3:35
States of America into the fucking debt ridden ground. the
3:38
Fed has never been independent and they're not independent now
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we have to admit it. Does it mean what Trump is doing
3:45
is good? No, I didn't say that.
3:47
But you want the truth. Mathematically, the Fed can't be
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independent. There's no stopping this train
3:55
baby Mahler's nose now. Remember, before the metals
3:58
began running, Bitcoin had already overtaken silver.
4:02
And it's going to happen again because Bitcoin always runs
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harder. That's why these runs in gold,
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silver and everything else are telling us Bitcoin is preparing
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to go ape shit. Gold moves first, Bitcoin
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rallies harder. Now.
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Here's a little warning from Sailor and something to think
4:20
about. What if you woke up tomorrow and
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Bitcoin was at 10 million? Volatility was a gift to the
4:26
faithful. It scares away the tourist.
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It scares away the lazy, it scares away the people that are
4:35
already conventionally rich that have all the money.
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If you're a 20 something or a 30 something and you're willing to
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do the work, if you want to spend 100 hours or 200 hours, if
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you have more time than money, then the volatility of Bitcoin
4:49
is a gift to you. If you have more, if you're, if
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you have more money than time and you're arrogant and
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egotistical and, and you just pick the obvious, then if the
5:03
volatility goes away, you buy Bitcoin.
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If people, if people in the rest of the world knew what I know
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and they understood and they agreed with me, Bitcoin would go
5:13
to $10 million tomorrow. And if Bitcoin went to $10
5:17
million tomorrow, I want you to think about how you would feel
5:21
and how your viewers would feel because you would lose 20 years
5:27
of stacking opportunity during which you get to buy it less
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than $10 million. So the difference between $10
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million and 100,000, that's what you give up if the volatility
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goes away and people start to agree with you. 20 years of
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stacking opportunity gone. That's Max Payne theory,
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something Samson Mao has talked about, where normies and plebs
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get priced out in real time. Maybe Bitcoin in its purgatory
5:54
has diminished your faith. But we're going to look at why
5:57
right now is a blessing and why what's coming could be
6:01
unimaginable. Let's check out that clip.
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Then let's run down why the Omega candle could come sooner
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than many expect. Max Payne theory And then could
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you explain the theory? Like where, where does it come
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from? It's I think it comes from
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options expiry. There's a certain point in which
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the options options expire. That's Max Payne like that
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caused the most losses for the most number of people.
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So you can apply that I think to Bitcoin in the world at, at
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whole. So if Bitcoin does shoot up to
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1,000,000, that's probably Max Payne for the largest number of
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people. Because instead of being able to
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make a material difference in your financial, financial,
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economic situation by acquiring a lot of Bitcoin, the
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quintillionaires are going to buy up all the Bitcoin, drive
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the price up, and you'll still have this divide between the
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rich and the poor instead of that being equalized.
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So basically 8 billion people are not going to be able to get
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in early, they're just going to be earning Bitcoin AT1M per BTC.
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This exact type of move just happened in Iran.
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Iran's currency collapsed overnight and Bitcoin hit 100
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billion. The people of Iran who saved in
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Bitcoin became rich overnight, while those who trusted the
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government, they lost 96% of their life savings.
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And maybe you think it can't happen here.
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Like the classic by Sinclair Lewis.
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Amazing and foreboding book, by the way.
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The truth of the matter is that Fiat currencies don't just fail,
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they fail spectacularly. And they're backed by
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governments and people's faith in the system.
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Well, I don't know about you, but faith in every institution
7:40
in America is diminishing at a rapid pace.
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And it's kind of because, well, the truth is the enemy of the
7:47
state. Like the guy said, trusting the
7:49
government can cost you your life savings.
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Bitcoin has never been more important or critical in
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preserving wealth. Treasury Secretary Scott Besant
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just revealed up to 10% of the US budget is stolen each year.
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Now why do we pay taxes again? Tell us a little just to begin.
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Tell us a little. Bit about what you've.
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Uncovered about Somali fraud. And some of the.
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New. Policies that you've announced
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to. Try to combat it.
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So, Chris, first, thanks, thanks for having me and thanks for
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breaking the story because it it's clearly something that
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that's been going on and suppressed for so long.
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And you know, you could see that the people in Minnesota have
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been carrying this burden and they almost seem relieved.
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But you know what, what we found two things really 31 this as you
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reported this waste, fraud and abuse the in the system bigger
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than anyone thought. And we'll see where that goes to
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the leakage. And how does this get out of the
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country either? If you are on public assistance
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and you're sending money out of the country, one of two things
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must be true. You were getting too much
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assistance because you have excess funds to feed yourself,
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your family, food, clothing, the OR you've got stolen money and
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you're sending that out. But in either case, money needs
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to stay in the US or your benefits need to be cut. 3 How
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can we use the investigations in Minnesota as a model for what's
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happened and push it out to the other 49 states?
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Because Minnesota is likely the most egregious, maybe not, we'll
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see. I have an open mind.
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But the the scale, just because of this population size of
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California, Illinois, New York, that what's going on here is a
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microcosm of what's going on there.
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And it's like someone on the panel said today, benefits have
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been turned into businesses. It is a cottage industry of
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teaching people how to form multiple LLCS, how to game the
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system, how to move money around.
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And we'll see where the money goes.
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I'm here because what Treasury does is follow the money.
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We follow the money, and we have done it with the mafia where
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we're able to take them down, Mexican drug cartels and now
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these Somali fraudsters. And we can always do it.
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We'll see what kind of recoveries we can get for the
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American people. Let's put this crap in
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perspective. This is frankly unconscionable.
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the United States has the largest budget in the world,
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approximately 6 trillion. The amount of dollars going to
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fraud, 1.5 trillion plus debt services.
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That's a trillion is almost half the total spend and it's greater
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than the entire budget of any other country except China just
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for fraud. Essentially all of our income
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taxes are just a slush fund for fraud and waste, or just set on
10:52
fire as interest payments on previous overspending. 10% of
10:57
the federal budget is stolen, another 20% is disguised as like
11:01
vote buying, and another 15% is debt service to finance the past
11:05
theft. Every dollar we give the IRS is
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stolen. The catalyst for a decade of
11:10
Bitcoin dominance Or upon us. Just listen to $15 Bitcoin ETF
11:15
issuer. Yeah.
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So Bitcoins historically operated in four year cycles
11:19
with three strong years in one down year and a lot of Bitcoin
11:22
analysts expected 2026 to be another fourth year in that
11:26
cycle and it to be a down year. We released our predictions at
11:29
Bitwise the end of last year and we actually forecast 2026 will
11:33
be a positive year for Bitcoin. We think that there's multi year
11:36
tailwinds and catalysts that drive Bitcoin higher this year,
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next year and over the next decade.
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Those things include institutional adoption, which
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first and foremost is the the largest driver of Bitcoin's
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price rally. If you look back to when ETFs
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launched back in January 2024, Bitcoin was trading around 35 or
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40,000. Today it trades around 90,000.
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And that's a function of institutional investors stepping
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into the space and having so much buying power at their hands
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and allocating to Bitcoin. 1235 percent of their portfolio is
12:10
now being allocated to Bitcoin and we think that's just begun.
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That's right, we've only just begun and STRIVE is forecasting
12:16
a humble 30 to 50% compound annual growth rate over the next
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eight years. We're in a digital gold rush
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over the next 4 to 8 years. We think institutional adoption
12:27
increases drastically. We think sovereign adoption
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increases drastically. We think digital credit starts
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to permeate throughout the rest of the market because of that
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those dynamics, you've got even the Bitcoin ETF being the most
12:39
successful ETF in history. That success is going to breed
12:42
more success and it already has. So because of those dynamics,
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the macro environment, we see probably the next 4 to 8 years
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between a, a 30 to 50% compound annual growth rate for Bitcoin.
12:54
And we think that will start to taper off as economies of scale
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and large economies of scale start to come into play.
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Once bitcoins at a $10 trillion assets, it's probably going to
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be significantly less volatile and the compound annual growth
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rate will will be reducing over over time into the future.
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But. You think we get?
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30 to 50% over the next decade. Yeah, I'll take it.
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Yeah, I'll take that. Right.
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I mean. You look you.
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Look at the last seven years and it's been like 7070% compound
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annual growth rate even what in 2022 is at 16,000 and what we're
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in 90,000 right now. What is what is that?
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That's. A lot.
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Annualize that, that's that's 80, you know, 7080% probably.
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And I don't think it takes a lot of capital to to to move it, to
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move it much higher. And so one of the interesting
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things in the Treasury world is that like when strategy came
13:52
out. If you ask me, they're both
13:53
bearish, but these guys can give you an idea of where the normie
13:57
winds are blown. And at the end of the day,
13:59
nothing is stopping this thing and the Freedom virus from going
14:03
ballistic. So this is what gets me
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exciting. I don't focus on price and
14:07
charts. I don't focus on government
14:09
regulation. I don't focus on institutional
14:11
adoption, I focus on the Bitcoin network effects because that is
14:16
ultimately what makes Bitcoin so valuable and why it's taking
14:21
over the world. As more people get to know it,
14:24
as more people become have easier access to it, as more
14:27
people adopt it as money, you cannot stop this technology.
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It's too late for that. If they wanted to do it, that
14:34
should have been done on year one or two.
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Now it's a lost cause. So don't even waste energy
14:40
contemplating that thought. But then again, you can expect
14:44
different creative narratives. We had the quantum FUD coming
14:47
out. Oh my God.
14:48
Supercomputers are going to nuke.
14:49
Bitcoin is going to go to 0. Says who?
14:52
Says some idiot out there that is just, you know, putting out
14:56
information for engagement. That is not true.
14:58
Follow the facts. Follow real intelligent people
15:01
working on real solutions to address this nonsense.
15:04
Bitcoin is the world's most valuable asset.
15:07
We have never seen anything like it.
15:09
Believe me when I tell you there are millions of eyes watching
15:12
the Bitcoin code 24/7 and there's too many big players
15:16
invested in that asset to let frivolous nonsense affect it
15:21
now. Ignore the noise, adopt and
15:24
embrace freedom technology and let it do the rest.
15:26
Now Bitcoin is taking off and maybe it has something to do
15:29
with the Supreme Court not dropping their decision on
15:32
tariffs as they were supposed to or claimed to be doing by 10:00
15:36
AM this morning. I guess they don't know how the
15:38
country operated prior to 1913 or maybe they just learned and
15:42
are contemplating now. If they do rule against, I
15:45
expect utter chaos and the greatest crash in Bitcoin buying
15:49
opportunity in history. Now Bitcoin could also take that
15:52
news regardless of the decision and melt face and equities get
15:57
destroyed. Why?
15:58
Because full faith and credit in the dollar goes bye bye now.
16:03
We're about to bring it home today, but before we do, look at
16:06
our likes. Three or four times maybe.
16:08
I pump those numbers. Up Those are rookie numbers in
16:10
this. Racket.
16:11
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slash simply. If you look at the failure of
17:24
Fiat currencies, they don't gradually fail, they fail
17:27
spectacularly. And this is the the premise
17:30
behind the 1,000,000 Bitcoin call that is not going to be a
17:33
gradual slow increase to $1 million a coin, but rather a
17:37
very short and violent upheaval that sends us there in a matter
17:41
of months, weeks to months. And if you look at the hyper
17:45
bitcoinization landscape, what you do see is more and more
17:48
countries coming out in mining Bitcoin.
17:51
Bhutan, I think it's the clearest example of this.
17:54
They have close to a trillion dollars now in Bitcoin holdings
17:58
from mining over the past four to five years.
18:01
So if this is not an indication that hyper bitcoinization is
18:05
coming, I'm not really sure what is.
18:07
But countries that have excess energy, they can tap into that
18:10
now and convert that into money and use that money for financing
18:15
lots of different things. I believe we're also on the
18:17
verge of countries issuing debt, sovereign debt to buy Bitcoin.
18:21
So the Bitcoin bond program, it is going to come simply because
18:27
the micro strategy model has has illustrated that this works and
18:31
it works very well. And it's just simply a matter of
18:34
time before a country pulls that trigger and unleashes a torrent
18:39
of sovereign debt to acquire Bitcoin.
18:40
Let's go big finish time. Fiat currencies fail
18:44
spectacularly. Guys.
18:46
The debt is 38 trillion. I'm old enough to remember when
18:49
it was 36 trillion, what, like 3 months ago?
18:52
And no one is buying it. No one wants any of our debt.
18:55
The Fiat experiment has lost control, and whatever happens
19:00
next, Bitcoin wins. Like why is the US so bullish on
19:05
Bitcoin and unfortunately crypto and digital assets?
19:09
I think it's a necessity. They need it because no one is
19:13
buying treasuries anymore. The world is moving away from
19:16
the dollar or trying to move away from the dollar bricks
19:18
countries especially. And there's just are no more
19:21
buyers. And the traditional buyers are
19:24
also having economic woes back home, right?
19:27
So they need to have stable coin issuers like Tether that I think
19:31
Tether is the 18th largest buyer if they were a country to shore
19:36
up demand. And I think $38 trillion in debt
19:39
is not something that they can ignore for much longer.
19:43
So they do need to build a Bitcoin reserve, a sizable 1 to
19:47
mitigate that debt because people are kind of used to the
19:50
number now, but 38 trillion is a crazy big number and you're
19:56
pretty bankrupt and you know, who wants to own more of your
20:01
debt? I don't think it's possible to
20:03
keep continuing it on that track.
20:05
But also just. Compounding of the interest is
20:08
going to be ridiculous too, so something has to be done and I
20:12
think they realize the solution is Bitcoin.
20:14
Yeah, no. And.
20:16
Senator Lummus has that crystal clear right.
20:18
This is the solution to, you know, the the debt problem and
20:22
had a very powerful conversation with her in DC earlier this year
20:27
and she was basically like, look like, you know, this is this is
20:30
how my generation makes it up for your generation, right is
20:34
through this strategic Bitcoin reserve.
20:36
This is how how the United States get out of that.
20:38
Now thing is, you know, maybe, maybe it's a little bit
20:42
nihilistic of me, you know, after living through 2008 and,
20:46
you know, seeing what has happened in the US and.
20:49
Most countries. Around the world, they're,
20:51
they're, they're spending more than they're, you know, taking
20:55
in, in revenue. What happens if the debt isn't
20:59
paid? What happens when things
21:00
eventually break? And how long will that take?
21:03
It's hard to say. I mean, the alternative to
21:05
fixing it is a debt jubilee. Yeah.
21:08
A reset, Yeah. A great Fiat reset, yeah.
21:12
You could also have a rebasing to Bitcoin.
21:14
You say the debt is redeemable for SAT's, but before you do
21:17
that, you should have a nice big chunk of Bitcoin in your
21:20
reserves. But it's difficult to say.
21:22
I don't really know what's going to happen.
21:24
Like, the Fiat experiment has gone wildly out of control.
21:29
And I think you could say the nature of democracy contributes
21:32
to that, right? Like the nature of democracy is
21:34
people get free stuff. Yeah.
21:36
And then they they vote. And that's the case in Canada.
21:39
Like, why are the Liberals still in power?
21:42
Because a lot of the older generation that get a lot of
21:44
free things kept them in power. So it's sort of a a question.
21:49
We're at a crossroads right now. Where do we go?
21:52
And it's hard to say. We can go on to a Bitcoin
21:54
standard and I think repair a lot of that damage or things get
21:58
dark and the government needs to feed itself.
22:01
They need money and they're going to get money by any means
22:04
possible. Now there's an opportunity there
22:06
too, which is you can wean them off the money printing by
22:09
getting them to mine Bitcoin. And we have a really good
22:12
example of that today, which is Bhutan.
22:14
They have over a billion dollars of Bitcoin.
22:16
They're by, they're building a new airport from their Bitcoin
22:20
holdings, and they've shown that stranded energy, excess energy
22:25
converts to money. These are things that I've been
22:27
saying for years. And now there's a very
22:30
pertinent, very tangible example of it.
22:33
And we were in Paraguay. We did a presentation and we met
22:36
with the government there. Hopefully they can do something.
22:38
We ran a calculation every year. They're just running off 1200 to
22:41
1400 Bitcoin. Yeah, they eat the poo dam.
22:44
Yeah, biggest dam in the world. But the same for Canada.
22:46
There's a massive amount of hydropower that's just run off
22:49
or sold at a deep discount to the US, but many countries have
22:54
access or untapped energy and they could easily tap that just
22:57
as Middle Eastern countries tap the oil reserves and sell that.
23:01
Now you can turn water into money.
23:04
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23:39
No problem. So Satoshi turned water into
23:42
money. That's epic What a line.
23:45
Oh man, what a show today. I hope you guys enjoyed it.
23:47
Let's know what you think down below and don't forget to like
23:50
subscribe and give us a pant by sharing the sound money gospel
23:53
and I'll catch you all tomorrow. Love you guys if you.
23:57
Prefer to go down with the ship.