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Bitcoin CRASH?! | Why Trillions are About to Flood Into BTC | Bitcoin Simply · Simply Bitcoin

• 0:00
  Bitcoin is falling like a rock, but that's OK.
• 0:02
  College football is back and the signs for trillions of dollars
• 0:06
  of assets flowing into Bitcoin are right in front of us.
• 0:09
  Today we're going to talk about how capital is flowing from
• 0:11
  Tradfi into digital wallets and why Grant Cardone selling his
• 0:15
  $42 million home for Bitcoin isn't just a fad, and what link
• 0:19
  there is between front office leadership and Dallas, TX and
• 0:23
  people selling their Bitcoin right now.
• 0:24
  It's going to be a fun episode. This is Dante Coco Bitcoin.
• 0:27
  Simply, let's go. I'm legitimately happy today,
• 0:34
  and it's because me and most other men won't be seen by our
• 0:37
  wives until February with college football coming back in
• 0:40
  the NFL just around the corner. And Speaking of football,
• 0:51
  there's only one group of people who are dropping the bag worse
• 0:55
  than Dallas front office leadership right now.
• 0:57
  I mean, for real Jerry. I'm just glad he's not in the
• 1:00
  NFC East anymore. But back to what I was saying,
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  there's only one group of people dropping the bag worse than
• 1:05
  Dallas front office leadership right now, and that's people
• 1:07
  selling their Bitcoin. Y'all are gonna look back when
• 1:09
  Bitcoin is AT200K coin and look at the chart like Mavericks fans
• 1:13
  looking at Skinny Luca dominating in the Euro basket
• 1:17
  league right now. I mean the thesis is still
• 1:22
  looking pretty good guys. Y'all might be letting go of a
• 1:25
  generational asset too soon. And you know, pivoting to to
• 1:29
  crypto, we've been bullish on Bitcoin for for a while now is
• 1:32
  that we think that it will continue to move higher and
• 1:35
  having cheaper money, increased money supply,
• 1:39
  institutionalization, the legislation that's passed,
• 1:42
  support from the administration, all of this should continue to
• 1:46
  be very positive for Bitcoin. And we think this, you know,
• 1:49
  rally that we've seen will, will continue.
• 1:52
  I mean, guys like CZ who have seen under the hood of the
• 1:55
  plumbing of the financial system are saying that Bitcoin is going
• 1:58
  to become the global reserve currency.
• 2:00
  Now we're seeing like traditional finance,
• 2:03
  institutional adoption, Bitcoin, ETFs, etcetera.
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  And Bitcoin is becoming really the global reserve current of
• 2:09
  cryptocurrency. But in the future, I do believe
• 2:11
  that Bitcoin will become the global reserve currency.
• 2:14
  So, yeah, so I think we've seen this evolution and it's great to
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  see that now both legs are not traditional financial industries
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  and nations and countries adopting Bitcoin plus other
• 2:28
  current cryptocurrencies. So I think we've come.
• 2:31
  In a recent interview, Cash App CFO said that she believes that
• 2:34
  Bitcoin can be the open protocol for the Internet.
• 2:37
  You know, we think Bitcoin can be the open protocol that that
• 2:40
  powers the Internet that can it can move at the speed of the
• 2:44
  Internet and we as a company can move faster.
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  Our customers the the efficiency in which their money can move
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  across jurisdictions is, is much greater when Bitcoin is powering
• 2:58
  money for the Internet. So that's something that we've
• 3:01
  been with Discipline investing behind for some years, whether
• 3:06
  that's enabling the buy, sell product where 8 million of our
• 3:10
  accounts, our customers have purchased or sold Bitcoin
• 3:14
  through our Cash App platform. She just said that there's 8
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  million people buying and selling Bitcoin on Cash App and
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  that tells me that there's two things.
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  There's more people than you think that are doing this
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  currently, but it also means that there's significantly less
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  people that are in on the Bitcoin opportunity and that's
• 3:30
  an opportunity for you. We're just getting started and
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  it's OK if you don't see it. I hope you see it.
• 3:35
  When you do see it one day and you do become a bitcoiner, it's
• 3:38
  going to be like guys in a park wearing Spidey suits remaking
• 3:42
  the Spidey meme in real life. And that's just talking about
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  retail demand. We're not even talking about the
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  corporate demand flowing into Bitcoin.
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  We're just over 65% of the way through 2025 and the
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  institutional demand for Bitcoin has outpaced the supply by 7 XI
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  mean companies bought $15 billion worth of Bitcoin in the
• 4:08
  last two months. The signposts are there.
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  Asset managers like Strive are announcing that they're going to
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  buy $700 million worth of Bitcoin and that's just a splash
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  in the bucket. BlackRock CEO says that the link
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  between digital assets and trad Phi is going to be be the most
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  important link in financial markets for the next 20 to 30
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  years. Ultimately, how do you put these
• 4:27
  capital markets exposures in digital wallets and how do you
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  go? So if you think about the bridge
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  strategy of this alternate digital asset universe and
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  bringing it to the capital markets, I think it's, it's
• 4:41
  naive to assume and this doesn't have to be in a month.
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  But if you look out over time, it's naive to assume that you
• 4:50
  don't also have to think through how do you bring the traditional
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  capital markets to this alternative universe.
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  And I think both connection points we'll define the next
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  decade I I couldn't agree more and.
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  And it's every company, not just the companies that are early in
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  the game that are going to become Bitcoin treasury
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  companies. Actually, if you think about it,
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  the only way for generally a company to you know, match
• 5:15
  Bitcoin or even potentially outperform Bitcoin is to buy
• 5:18
  Bitcoin and use the capital markets to try and increase the
• 5:23
  Bitcoin per share, you know, operate their core business.
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  Take spare, take some of the profit, use that to buy Bitcoin,
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  use some of the profit to expand their core business, their
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  products, their services. So from that point of view, I
• 5:38
  think eventually probably all companies will be Bitcoin
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  treasury companies eventually. Adam Back, a Bitcoin OG and also
• 5:47
  a Bitcoin treasury advocate, now sees the writing on the wall.
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  This is a side note. My favorite Bitcoin treasury
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  company right now, just because of its name, has to be the Asian
• 5:57
  cuisine company De De Cook, which now has over 1000 Bitcoin
• 6:00
  on their balance sheet. Why do I love them?
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  Because I just want to be like, yo, let De De Cook.
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  Plus my name's Cook. You know, Dee Cook, there might
• 6:09
  be something there, but we're not going to go into that.
• 6:11
  The signs are everywhere around us.
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  I mean, even nature is trying to tell us that Bitcoin is the new
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  standard. Scientists discovered an orange
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  shark off the coast of Costa Rica.
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  Honestly, shout out to whatever Bitcoiner did this.
• 6:24
  Hats off Amazing work. And another major signpost,
• 6:27
  Grant Cardone selling his $42 million property in Bitcoin.
• 6:32
  But before we get into that, as our next signpost, let's thank
• 6:35
  our sponsors. If you want to continue to
• 6:37
  remain wealthy like the wealthy people in this country already,
• 6:40
  one thing that the wealthy people don't do is that they
• 6:43
  don't sell their valuable assets.
• 6:45
  They literally just borrow against them.
• 6:47
  They take lines of credit off of assets that are worth more and
• 6:51
  continue to go up in value assets that they have custody
• 6:53
  over. Well, you can now execute this
• 6:55
  strategy like the wealthiest people in the world with Bitcoin
• 6:58
  with a company like leaden, you don't need to sell your Bitcoin
• 7:01
  in order to unlock liquidity from your Bitcoin.
• 7:04
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• 7:07
  platform. The process is fast, simple,
• 7:09
  easy and transparent. You can fill out a loan
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  application in just two minutes and get liquidity in your
• 7:14
  account in six hours or less. They've issued over $9 billion
• 7:18
  worth of loans to 10s of thousands of customers all
• 7:20
  across the world, and they've done so in a manner with
• 7:23
  excellent customer service support.
• 7:25
  You can see the 1005 Star Customer reviews as a signpost
• 7:30
  for them being an excellent company to work with.
• 7:31
  We wouldn't partner with them if they weren't go to learn dot
• 7:34
  lead and dot AO slash simply in order to get started.
• 7:37
  There continues to be opportunities, opportunities for
• 7:39
  people every episode to take a further step into their Bitcoin
• 7:43
  journey. We don't want you to just leave
• 7:45
  your Bitcoin on a platform like Coinbase.
• 7:47
  We want you to take self custody of your Bitcoin, manage your own
• 7:50
  keys, become a sovereign individual.
• 7:52
  One of the ways you can do that is by getting confidence in
• 7:55
  doing that. And you could do that by getting
• 7:56
  a coach at the bitcoinway.com. Members of their team will walk
• 8:00
  you through step by step self custody.
• 8:02
  How do you remove your Bitcoin? How do you protect your private
• 8:04
  keys? How do you share them with
• 8:05
  family members and how do you do it privately, safely and
• 8:08
  securely? Schedule a free 30 minute
• 8:10
  consultation with their team at the bitcoinway.com/simply
• 8:13
  Bitcoin. Let's get back to the episode.
• 8:14
  OK? The world is actually moving to
• 8:16
  a Bitcoin standard and that's not just Fluff 1 signpost that I
• 8:19
  didn't really believe everyone's been talking about.
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  The flipping of real estate for Bitcoin didn't really spark my
• 8:25
  interest until I saw Grant Cardone selling his $42 million
• 8:29
  house in Bitcoin. And I didn't really believe it
• 8:31
  until I saw his tweet myself and then I clicked through on the
• 8:34
  website. That's crazy seeing a Bitcoin be
• 8:37
  next to a $42 million property. The thesis for Bitcoin is pretty
• 8:41
  straightforward. In fact, it's straighter than
• 8:43
  the hairline of the assistant coach for Rutgers, who showed
• 8:46
  off this hairdo in their national opener versus Ohio the
• 8:49
  other night. He went into the barbershop and
• 8:51
  said bowl season's coming early, give me the bowl cut.
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  And specifically, I wanted to look like a blend between Lloyd
• 8:57
  from Dumb and Dumbers and simple Jack from Tropic Thunder.
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  I'm just giving this dude a hard time.
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  But he had to know that this was coming if he showed up on
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  national television looking like this.
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  Back to the story. The Bitcoin thesis is straight
• 9:08
  forward and super simple. You need to protect your hard
• 9:11
  earned energy in time by storing it in an asset that's not going
• 9:15
  to devalue and it's going to reward you for the hard work
• 9:18
  that you put in day in and day out.
• 9:19
  Last time you were on our program, you gave this idea.
• 9:23
  It kind of went viral on, on X after we spoke, but it was this
• 9:27
  idea of the idea of existing and being paid to exist through
• 9:31
  cryptocurrency. The idea that, you know, you
• 9:34
  sitting there at, at work all day long, you're not necessarily
• 9:37
  being compensated for what you're doing.
• 9:39
  And you see crypto as being a solution to that.
• 9:41
  I, I got to be honest with you, I didn't quite get it.
• 9:44
  I want you to paint that picture for me and get me on board.
• 9:47
  Yeah. Well, so first of all, I think
• 9:49
  it's Bitcoin, not crypto, you know that.
• 9:51
  But just to clarify for the audience, it's Bitcoin specific.
• 9:54
  Well, that's just your view though, that Bitcoin is the
• 9:56
  crypto that you're focused on. Yeah, but I think it's Bitcoin
• 9:59
  is the money within the crypto sphere.
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  And the point really here is this, Tim, every single day you
• 10:06
  make a decision on how to get compensated for your time, your
• 10:11
  energy, your effort, your labor. I'm watching you.
• 10:13
  I'm sitting in the behind the scenes.
• 10:15
  I'm watching you haul your butt. You're doing a great job on this
• 10:18
  show. You need to somehow capture the
• 10:20
  value you're creating for all of us here.
• 10:22
  And you need to somehow save that value so that tomorrow you
• 10:25
  can pay rent, you can get groceries, you can travel home
• 10:27
  and see your parents. But that comes every two weeks
• 10:29
  in the form of a paycheck to me. Right, but what the?
• 10:32
  Bloomberg sees the value in that they hired me.
• 10:34
  Correct. So you're going to get a
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  paycheck in the form of dollars, but those dollars are losing
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  value in the things that you need in your life.
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  Anywhere between 2 and 20%, depends on what you want.
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  You want a Caesar salad? 2%.
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  You want a nice house, 20%. And so you need to find a way to
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  persist and save and store that wealth.
• 10:49
  And you make a decision every single day, whether you know it
• 10:52
  or not. Unfortunately, because the
• 10:53
  dollar is being debased, everyone is a speculator here
• 10:56
  filming and watching us. And so you have to make that
• 10:59
  decision. And in my opinion, over the last
• 11:01
  15 years, and it will continue to be.
• 11:02
  So Bitcoin is the best place to do that.
• 11:05
  Take the wealth you're creating today.
• 11:06
  Bring it with you tomorrow. Don't get caught falling down on
• 11:09
  your route when the ball comes your way.
• 11:12
  Tight end Jameson Gears had fallen down.
• 11:16
  Tipped it into the air with his. Foot.
• 11:18
  Good, you need to catch this opportunity.
• 11:20
  Another opportunity for you to catch is by coming down to the
• 11:23
  largest Bitcoin mining Expo in the world in Dallas, TX from
• 11:26
  November 11th through November 13th.
• 11:28
  The Mining Disrupt Conference is one that you don't want to miss.
• 11:31
  Catch a relief in your price by using the promo code Simply
• 11:34
  Bitcoin at checkout. The signs are all around us.
• 11:37
  I hope you enjoyed this episode tonight along with some great
• 11:39
  college football in the NFL coming up here soon.
• 11:42
  Don't be the guy that's stuck on autodraft in your fantasy draft.
• 11:45
  This is Dante Coca Bitcoin Simply happy stacking.