Latest / Simply Bitcoin / “Nation-State Panic” Is Coming to Bitcoin?! | Simply Originals

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“Nation-State Panic” Is Coming to Bitcoin?! | Simply Originals · Simply Bitcoin

• 0:00
  It's a nation state level Bitcoin panic upon us.
• 0:04
  Well, Gen. 3 CEO Samson Mao just dropped a nuke stating Bitcoin
• 0:08
  adoption by nation states is about to enter a sudden phase.
• 0:14
  He even mentioned Paraguay as a major domino to fall.
• 0:17
  And guess what? Boom, Paraguay central bank is
• 0:21
  now weighing Bitcoin for national reserves.
• 0:24
  And they're not alone. Those head banging, death metal
• 0:26
  loving Swedes are also knock, knock, knocking on Satoshi's
• 0:31
  door. And when it comes to gradually,
• 0:34
  then suddenly Sampson isn't alone.
• 0:36
  Hedge fund Titan Charles Edwards just said 120 K Bitcoin breakout
• 0:41
  will lead to a quote very quick move to 150 K.
• 0:46
  Even the establishment knows. So when Strive's CEO says,
• 0:50
  quote, in five years, you won't be able to stack like this
• 0:53
  again. And when Congress is mulling
• 0:56
  eliminating capital gains on Bitcoin payments, you know
• 0:59
  you're not in Kansas anymore. Holy crap, is it coming?
• 1:03
  You know what I'm talking about. Is it coming?
• 1:07
  We're gonna see Samsung proof correct with his Omega candle,
• 1:10
  and we're gonna see a 5 or a 10X overnight and we're just gonna
• 1:12
  set the floor to $1,000,000 Omega candle, Omega candle,
• 1:15
  Omega candle. The Omega candle is 100K candle.
• 1:18
  It just goes to show that the Bitcoin price movements are
• 1:21
  becoming bigger and bigger. Omega candle.
• 1:23
  Omega Candle. Omega Candle.
• 1:25
  Omega Candle. The Omega is coming, I'm 100%
• 1:28
  convinced. Of it.
• 1:30
  If you're not 100% convinced, maybe you will be by the end of
• 1:33
  this show. Is the nation state panic coming
• 1:36
  to Bitcoin? We'll strap in, because we're
• 1:38
  about to find out. Everyone was thinking like
• 1:45
  institutions were going to start piling in and we saw one or two.
• 1:48
  And then like really it wasn't until the last 12 months where
• 1:51
  we've seen real institutional adoption of Bitcoin.
• 1:54
  Do you think nation states may be similar in the sense that it
• 1:57
  may, we may just be like a cycle early and in a few years we'll
• 2:01
  start seeing a lot of these nation states actually piling
• 2:03
  into Bitcoin? Well, there's like 2 parts to
• 2:08
  that question. So this cycle doesn't seem to
• 2:11
  have played out. We're behind schedule.
• 2:12
  You know, we should have had a bull run already, like a massive
• 2:15
  run up. And you know, we're down
• 2:18
  actually at the time of this recording.
• 2:20
  So I think this cycle, if you want to call it a cycle, is
• 2:24
  delayed. It might push into next year for
• 2:26
  all whatever various reasons there are.
• 2:29
  But I think the nation state adoption is coming.
• 2:33
  We're pushing on a lot of funds. Other companies and people are
• 2:37
  pushing too. There are concrete examples of
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  what Bitcoin can do to benefit a country out there right now.
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  The moves in the USI think have yet to propagate throughout the
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  world. So Trump did create the SBR, but
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  they haven't started buying yet. And we are talking with other
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  countries to do the same. There are a few that have said
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  they will create it. And I think it's all coming it
• 3:01
  it's really that these things happen very quickly.
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  It's like literally gradually and then suddenly, and I think
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  we're on the tail end of gradually and we're at the
• 3:12
  beginning phases of suddenly. And if you look at just the US
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  alone, you know, they're pushing forward on a lot of their
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  neutral budget, neutral Bitcoin acquisition and the Bitcoin Act
• 3:23
  too. So I believe it's simply a
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  matter of time before we see a massive run up and we see a
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  massive nation state FOMO, you know, panic, you know.
• 3:32
  Sometimes things really take a turn for the bullish, and Samson
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  Mao just dropped the signal. We're moving from the gradual
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  phase of nation state adoption straight into the sudden phase
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  translation. Strapped the hell in.
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  Mao says governments are about to scramble for sets like it's
• 3:50
  the last roll of toilet paper in 2020.
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  He points to Latin America leading the charge.
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  Countries fighting inflation and broken money are now eyeing
• 3:59
  Bitcoin reserves. Fidelity even backs this up,
• 4:02
  saying central banks will soon be forced to stack.
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  And while the US hasn't even started buying yet, the
• 4:09
  strategic Bitcoin Reserve executive order is already on
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  the books. The powder is there, it just
• 4:15
  hasn't been lit. Mao admits the bull run feels
• 4:18
  delayed. But when nation states start
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  FOMO ING into Bitcoin, the chart isn't going to look like a line
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  anymore. It's going to look like a hockey
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  stick. Samson Mao also mentioned a
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  specific South American nation he believed would be a major
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  domino to. Fall, Latin America, it's the
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  most ripe area of the world to significantly do something with
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  Bitcoin because you you have energy, the energy part of the
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  equation, you have the general stability, political stability
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  and you have the need. So you put all those things
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  together and it just makes it the perfect place.
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  And I think we just need a few more dominoes to drop if
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  Paraguay, if things pan out in Paraguay the way we hope, I
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  think that's a a big domino and countries in surrounding in the
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  surrounding area would likely come as well.
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  What? Would you look at that?
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  Paraguay central bank weighing Bitcoin for national reserves?
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  Maybe nation state panic isn't so much a theory anymore.
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  Look at this. Swedish lawmakers just proposed
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  a national Bitcoin reserve. Two members of the Sweden
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  Democrats, that's the second largest party in the rich tag,
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  have submitted a motion calling for an investigation into how to
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  build a strategic Bitcoin reserve.
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  They want to know which authorities should manage it.
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  And they even added, don't change legal tender and don't
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  roll out as CBDC. That's right, Sweden, the
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  country that once looked like it was sprinting towards central
• 5:45
  bank digital slavery, is now openly talking about holding
• 5:50
  Bitcoin as digital gold. Lawmakers argue it would
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  diversify state holdings, hedge inflation and position Sweden
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  for what they call a disruptive shift in the global financial
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  system. And they're not alone.
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  Momentum for state and national Bitcoin reserves is exploding.
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  the US has its SBR order. Bhutan, El Salvador are already
• 6:11
  stacking. Texas and Arizona passed their
• 6:14
  own state reserve laws. And now Europe is catching the
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  fever. So yes, Sweden might just be the
• 6:19
  first domino to fall inside the EU.
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  When you see politicians who were once cautious suddenly
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  talking about Bitcoin as a reserve asset, that's probably
• 6:31
  nothing. But do you know why nations are
• 6:33
  adopting Bitcoin? Well, maybe it's because they're
• 6:35
  trying to escape. Here we go.
• 6:38
  And if you think that's bullish enough, just wait.
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  Because while countries are lining up for Bitcoin reserves,
• 6:44
  the analysts are starting to crank their forecasts higher.
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  Bitcoin may surge to a new all time high of 150 K before the
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  end of 2025, according to Capital Investments founder
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  Charles Edwards. He says investors are piling
• 6:57
  into safe haven assets, not just gold anymore, but Bitcoin right
• 7:01
  alongside IT150K sounds conservative compared to what
• 7:05
  others are calling for. Some analysts are looking for
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  this cycle to push over 200K or in Samson's case, prepare for
• 7:13
  Omega. If you look at the failure of
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  Fiat currencies, they don't gradually fail, they fail
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  spectacularly. And this is the the premise
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  behind the 1,000,000 Bitcoin call.
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  That is not going to be a gradual slow increase to $1
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  million a coin, but rather a very short and violent upheaval
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  that sends us there in a matter of months, weeks to months.
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  And if you look at the hyper bitcoinization landscape, what
• 7:38
  you do see is more and more countries coming out in mining
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  Bitcoin. Bhutan, I think is the clearest
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  example of this. They have close to a trillion
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  dollars now in Bitcoin holdings from mining over the past four
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  to five years. So if this is not an indication
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  that hyper bitcoinization is coming, I'm not really sure what
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  is. But countries that have excess
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  energy, they can tap into that now and convert that into money
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  and use that money for financing lots of different things.
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  I believe we're also on the verge of countries issuing debt,
• 8:11
  sovereign debt to buy Bitcoin. So the Bitcoin bond program, it
• 8:16
  is going to come simply because the micro strategy model has has
• 8:21
  illustrated that this works and it works very well.
• 8:24
  And it's just simply a matter of time before a country pulls that
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  trigger and unleashes a torrent of sovereign debt to acquire
• 8:31
  Bitcoin. Then we have Bitwise's head of
• 8:33
  European research Andre Dragic told Coin Telegraph that US4O1K
• 8:39
  retirement plans could unlock 122 billion of new capital into
• 8:43
  Bitcoin. Think about that.
• 8:44
  If retirement managers gave Bitcoin just a 1% allocation, he
• 8:49
  said. That would be enough to send
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  Bitcoin flying past 200 K before the end of the year.
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  Whether you're talking Sweden stacking stats, Paraguay
• 8:58
  sparking a regional wave, or Wall Street retirement funds
• 9:02
  dripping Bitcoin into pensions, the writing is on the wall.
• 9:06
  We might just be entering the sudden phase of adoption, which
• 9:09
  means we could be staring straight down the barrel of a
• 9:13
  supply shock, meaning Staler, Fink governments and us will not
• 9:18
  be able to stack sets like this for much longer.
• 9:21
  We're about to bring it home today, but before we do at our
• 9:25
  likes 3 or 4 times, maybe I'll pump those numbers up.
• 9:27
  Those are rookie numbers in this racket.
• 9:29
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• 9:32
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  slash simply to learn more and get 25 basis points off your
• 10:19
  first loan. We think that the digital gold
• 10:21
  rush is a 10 to 15 year phenomenon and over time it's
• 10:24
  going to be harder and harder to stack stats for these companies.
• 10:29
  And so that's why we do think it is early that people that are
• 10:32
  able to get going are able to build pretty large stacks of
• 10:36
  Bitcoin. But I think the focus and you
• 10:39
  see this focus in across this room is stacked stats.
• 10:45
  There's a million ways you can monetize a massive balance sheet
• 10:48
  over time. But that exercise is fruitless
• 10:51
  right now during the digital gold rush era because to your
• 10:53
  point, in five years you won't be able to get anything close to
• 10:56
  what you can get today. Fixed supply means you got to
• 11:00
  catch them while you can. And what's this they're talking
• 11:03
  about? Eliminating capital gains on
• 11:04
  Bitcoin payments in Congress. Mr. Ziken, do you have anything
• 11:08
  in particular that you think would do harm if we would put
• 11:12
  something in legislation? Thank you, Senator.
• 11:14
  I, I think that my theme is that there's a lot of potential for
• 11:18
  over reporting. We spend a lot of time on that
• 11:20
  even in this discussion about de minimis And with stable coins
• 11:23
  itself, there's an enormous potential.
• 11:25
  This is a democratized form of financial asset class where
• 11:29
  people can use things in ways that weren't done before.
• 11:32
  And there's a tremendous potential there for over
• 11:34
  reporting and burdening the system that's burdening the
• 11:37
  system for taxpayers as burdening the system for the
• 11:39
  IRS. So let's take reporting today.
• 11:42
  And if you enhance this by over reporting, by not including a de
• 11:45
  minimis rule, you're going to billions of transactions that
• 11:48
  taxpayers are going to have to report, keep track of.
• 11:51
  I don't think most taxpayers are preparing prepared for that
• 11:53
  result. It'll probably hinder the growth
• 11:55
  of the industry. We'll also and.
• 11:57
  When you talk about reporting again, I, I, I, I want to keep,
• 12:00
  always keep things as simple as possible.
• 12:02
  The whole blockchain is based on pretty complex computers which
• 12:06
  we have now, so hopefully we could be able to use something
• 12:09
  like that. Miss Nellen, representing the
• 12:13
  AICPAII, would ask you same question in terms of there's.
• 12:17
  You know, it's almost like the potential of Bitcoin to be the
• 12:21
  default cash system of the Internet is so extraordinary,
• 12:24
  you would argue the risk is not owning Bitcoin.
• 12:27
  The risk is not owning. Bitcoin, like everyone goes
• 12:32
  Bitcoin is a bubble. It's tulips.
• 12:35
  OK, tulips was was the the bubble in tulips in Amsterdam in
• 12:40
  1630. That bubble in Amsterdam where
• 12:45
  is the centre of the global flour industry today?
• 12:48
  It is in Holland. The Netherlands has been the
• 12:51
  central, the centre of the global flour industry for 400
• 12:54
  years. That Tulip bubble bought 400
• 12:57
  years of prosperity to Amsterdam.
• 12:59
  So to call it tulips is actually a compliment.
• 13:02
  And. Then you go, what is a bubble?
• 13:06
  Well, I'll tell you what a bubble is.
• 13:07
  A bubble is a bull market in which you don't have a position.
• 13:13
  It is a psychological way of justifying that you didn't
• 13:16
  invest in something to call it a bubble.
• 13:19
  So you can call it a bubble and you can dismiss it, but the
• 13:22
  potential of Bitcoin to be the default cache system of the
• 13:28
  Internet and the default savings vehicle of the Internet is so
• 13:32
  extraordinary. I would argue that the risk is
• 13:35
  not owning Bitcoin. The risk is not owning Bitcoin,
• 13:40
  if that makes sense. Everyone should have an
• 13:42
  allocation in their portfolio and don't try and use the fact
• 13:46
  that I don't understand it as an excuse.
• 13:49
  Because most people don't understand how the combustion
• 13:51
  engine works and they still own a car.
• 13:53
  Most people don't understand Hypertext Transfer Protocol and
• 13:56
  they still use the Internet. Is a nation state level Bitcoin
• 13:59
  panic upon us? Let us know.
• 14:01
  Down below, Samson Mao says we're entering the sudden phase.
• 14:05
  Paraguay central bank is weighing Bitcoin.
• 14:07
  Sweden's lawmakers are knock, knock, knocking on Satoshi's
• 14:11
  door. It's flood.
• 14:12
  Titans are calling for 150K and higher.
• 14:14
  Wall Street retirement funds are loading up the cannons and
• 14:18
  Congress is even talking about eliminating capital gains on
• 14:21
  Bitcoin payments. The signal is pretty clear the
• 14:24
  world's governments, banks and pensions are coming for the 21
• 14:28
  million. The question is will you front
• 14:31
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  20% off and we'll see you there. Hope you guys enjoyed this one.
• 14:53
  Don't forget to like subscribe and give us a PAMP and set those
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  notifications for the best in Bitcoin news delivered to you
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  daily. Sophie, Dante, oceans, they all
• 15:02
  got great stuff coming your way. So stay tuned.
• 15:05
  I love you guys, see you Monday. If you.
• 15:08
  Prefer to go down with the ship.