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PANIC STRIKES THE FED | Is Bitcoin About to EXPLODE? | Simply Originals · Simply Bitcoin

0:00
Well OK, something is seriously broken and everyone with a pulse
0:05
can feel it. the Fed just triggered the weirdest chain
0:08
reaction we've ever seen. Rate cut odds have noped to 27%.
0:14
Bitcoin instantly eats below 86 K and the liquidity in this
0:19
market? It's falling faster than
0:21
Powell's approval rating, and that is really saying something.
0:24
Rates are down despite the Fed. I mean, he's got you got to work
0:28
in this guy. He's got some real mental
0:30
problems and now he's something wrong with him.
0:34
It's just sweet. I, I be honest, I'd love to fire
0:38
his ass. He should be fine.
0:40
The guy's grossly incompetent, and he should be sued for
0:44
spending $4 billion to build a little building.
0:49
I'm building a ballroom that's going to cost a tiny fraction of
0:53
that, and it's bigger than the whole thing put together.
0:57
You got to work at him, Scott. The only thing Scott's blowing
1:02
it on is the Fed, because the Fed?
1:06
The rates are too high, Scott. And if you don't get it fixed
1:10
fast, I'm going to fire your ass, OK?
1:15
I can't tell you, Scott. Sir, don't fire him.
1:19
He's got Sir. Please don't fire him.
1:22
He's got three months to go. Don't fire him.
1:24
I want to get him out. Scott, please.
1:27
He's a voice of reason. You're very lucky you have him.
1:30
I'll tell you that. When the Orange president of the
1:34
United States is on live TV saying the Fed chair has mental
1:37
problems and wants to fire him, yeah, buckle up.
1:41
This isn't normal. We are in uncharted territory.
1:45
We got the December FOMC coming with no October jobs data, no
1:50
November data, a shutdown that scrambled all the numbers, and
1:54
Bitcoin apparently on the verge of being trapped in A60K to 80K
1:58
truck stop bathroom tying off and waiting for the next
2:02
liquidity injection. Meanwhile, AI companies are out
2:06
here making up gigawatts, bazillion, trillion dollar plans
2:10
and nobody even knows who the hell is auditing them?
2:12
Well, Michael Bury, GameStop and Genius Group are discovering
2:16
corruption so deep, it makes FTX look like a lemonade stand.
2:21
This is going to blow your mind. And while Wall Street's blowing
2:24
smoke, Bitcoin is sniffing out something much bigger.
2:27
And today we're breaking down the truth behind this liquidity
2:30
crisis. The secret emergency meeting.
2:33
Powell tried to hide the hedge fund manipulation.
2:36
Charles Payne exposed why nation states are running towards
2:40
Bitcoin and why elites in the EU want you want a surveillance
2:44
CBDC while America is moving toward a Bitcoin strategic
2:48
reserve and zero capital gains. This is the show the Fed doesn't
2:53
want you to see, so let's get to it.
3:01
All right, let's start with the basics.
3:03
The December rate cut odds just collapsed harder than an AI
3:06
startups audited financials stronger than expected jobs
3:10
print boom, Bitcoin and purgatory.
3:13
But here's the twist. We're walking into December with
3:16
no October jobs report, no November jobs report, and
3:20
basically 0 reliable macro data because shutdown Schumer naked
3:25
the entire BLS pipeline, allegedly, you can't make this
3:29
stuff up. And then Trump comes in a hat.
3:32
I love the Fed job. To me it's the easiest job in
3:34
the world. You play golf for 2829 days,
3:38
then you go and make a little speech, tell everybody in the
3:44
case of the current guy the wrong information because he has
3:47
no clue. But if you have good instincts,
3:50
you know it's all based on instincts.
3:52
I see they want to hire 3000 economists, 3000 to report to
3:58
the Fed chairman. What are they going to take all
4:01
this in from 3000 economists? That's why they're spending $4
4:05
billion on renovating a building that should have cost 25,000,000
4:09
bucks to do. He just said, Powell, please go
4:12
for 28 days a month. That's not monetary policy,
4:15
that's retirement. Even Barron Trump is now in the
4:18
top ten odds for Fed chair. 2025 is turning into a South Park
4:23
episode. And Speaking of South Park, holy
4:26
hell the AI bubble is worse than we thought.
4:29
Workforce on productivity, but we have some great announcements
4:32
to talk about here today. Let's begin with you.
4:34
Elon, the things that. We're doing with X.
4:36
AI. Yeah, we're excited to announce
4:39
that we're doing a AA500 MW. I mean, yeah, 500.
4:46
Sorry, 500 MW. 500 MW, Yeah, we're doing.
4:52
We're doing 5 GW. Sorry, this.
4:55
Yeah, yeah, yeah. There's 500 GW.
4:57
One, we'll have to wait so that, that that'll be 8 bazillion
5:03
trillion dollars stop. That.
5:13
So yeah, we're we're doing a XAI and the King of Saudi Arabia are
5:19
doing a humane 500 megawatts. Starting with 50 megawatts.
5:23
Phase. One, and we're doing it with
5:24
NVIDIA. Congratulations to the humane
5:27
team to target team such a fantastic job, Jensen.
5:32
I think we're also doing some great announcements this week.
5:35
We are what we're. We're announcing, we're
5:38
announcing. All kinds of things.
5:41
Uh, Elon literally gave up halfway through.
5:43
Gigawatts, megawatts, bazillion, trillion, whatever, who cares?
5:46
Jensen started sweating like someone asked him, hey man, what
5:49
exactly is your real revenue? And then we found the auditor
5:54
for Open AI, Fontanello Duffield Otaki, a website that looks like
5:59
it was made by an 8 year old who just discovered Squarespace.
6:04
This is the company auditing the most powerful AI organization in
6:08
the world. No wonder Bury is screaming into
6:11
the void. Now we get serious, because this
6:14
is the real story. A liquidity crisis is already
6:16
here. Not maybe, not eventually.
6:18
Now that emergency meeting pal tried to slip under the rug.
6:22
Yeah, that wasn't and about policy updates.
6:24
That was about private credit surfacing into the monetary
6:28
system, something they definitely never wanted to
6:31
happen. With garbage being loaded up
6:33
among the cockroaches and all they're doing while on the
6:36
bubble upswing, feeding on those huge volumes of bad loan garbage
6:40
is creating future losses that will have to be taken by someone
6:44
at some point. That's your credit or financial
6:47
crisis, Loan losses that get to be too big that they create
6:50
significant pain enough to cause a disruption to banks and maybe
6:54
to an extent in the real economy, a credit crunch.
6:57
Maybe even a mild recession. Think the S&L crisis, the late
7:00
80s and early 90s more than 1000.
7:03
Banks failed back then. And the recession in 1991 wasn't
7:07
about Saddam Hussein. It was a credit crunch inspired
7:09
by the downfall of his S and LS. But it was never worse than
7:13
that. It was historically A mild
7:14
recession. Why didn't it become Great
7:16
Depression? 2 Point O Because the monetary
7:19
system was unbothered. It was contrary to Bernanke
7:23
contained. It was a credit crisis, not a
7:26
monetary. 1 The euro dollar's real strength made sure it
7:29
didn't go any farther than that. A monetary crisis that's the
7:33
worst of the worst. That's when money gets pulled
7:35
back, when it's not just about credit, it's about entire
7:38
markets becoming illiquid. So illiquid price discovery
7:42
vanishes, and then you're in a world of hurt.
7:46
So you got money providers and circulators that pull back.
7:48
Markets become illiquid, which means credit losses from the
7:51
credit crisis. They can't be assigned in an
7:53
orderly fashion. Garbage positions are forced
7:56
into distressed sales, which in an increasingly illiquid market
8:00
means bigger price markdowns. And these lower prices only
8:03
trigger more distressed selling, which creates lower prices and
8:06
more selling. And eventually, where it doesn't
8:08
even have anything to do with the garbage itself, the entire
8:11
system gets infected with illiquidity and deflation, the
8:14
interruption of the flow flow of money, credit and collateral
8:17
through the worldwide system. What begins as credit garbage
8:21
that needs to get assigned losses spirals into a monetary
8:25
deflation, which leads to widespread disorder, disruption,
8:28
and greater damage in the real economy.
8:31
And This is why in addition to monitoring the cockroaches and
8:33
trying to figure out what garbage they've been feeding on,
8:35
how toxic it might really be, we also have to keep a close eye on
8:38
the liquidity side to make sure the credit crisis potential
8:42
isn't becoming a monetary crisis potential at the same time.
8:46
And one of the warning signs for something like that on top of
8:48
the repo, which I'll get to in a second, hedge fund redemptions.
8:52
I covered this on a live video a little while ago, back when the
8:55
UBS funds were closed and they signalled they were getting hit
8:59
with redemption. So we've got some other news
9:00
along those lines. Other funds have said they're
9:02
bringing hit redemptions. And here's another one this
9:05
time, which is creating some legal headaches.
9:08
Had a name which should sound familiar to those who've been
9:11
watching the private credit space.
9:13
Let's go to Bloomberg here. Blue Owl Capital shares have
9:16
fallen to the lowest level since December 2023 after the
9:19
alternative asset manager restricted investors from
9:22
redeeming capital from one of its oldest private credit funds.
9:26
Shares dropped almost 6% on Monday, closing at 1378,
9:29
according to data compiled by Bloomberg.
9:31
The firm announced earlier this month that it would merge its
9:34
1.8 billion non traded business development company Blue Owl
9:37
Capital Corporation 2 with its 17.6 billion.
9:41
Absolutely terrifying, except for the fact that they're going
9:44
to print so much money it'll make your eyes bleed.
9:47
So to the short term bears and boomers, GFY.
9:51
Thanks for the cheaper sats you cocks.
9:53
We're going to Valhalla one way or another, and we're going to
9:56
drag the Fed kicking and screaming while they print
9:58
confetti money. Julie, I do think that we're
10:04
closer to the bottom here today than we have been for the past
10:08
few weeks. We've certainly seen a large
10:10
amount of outflows out of Bitcoin ETFs as you mentioned.
10:14
And I think Bitcoin really was a leader of this risk off move
10:17
starting in mid-october. And I think we'll be a leader to
10:20
the upside once things start to turn around.
10:21
And I think we're closer to there today than we have been a
10:24
week or two weeks ago. I was reading a really
10:26
interesting analysis yesterday about what was going on with
10:28
this Bitcoin drawdown and you know, the invention or the
10:33
introduction of the spot Bitcoin ETS was seen as a, a great step
10:38
forward for the industry and a step towards
10:39
institutionalization. And we've had more steps this
10:42
year, right, because of policy support, etcetera.
10:45
But it can be a double edged sword because with more
10:48
liquidity in the market, that means things can maybe go down a
10:52
little bit more faster or more fast, right?
10:54
So like, how should people be thinking about that?
10:57
Yeah, I think that's exactly right.
10:58
You know, Bitcoin in our view is one of the biggest technological
11:01
developments of the past 15 years.
11:03
And I do think that as the market matures, that brings in
11:05
new investors and adds more liquidity to the market.
11:09
But what that also means is that we're seeing a lot more
11:11
choppiness in times where risk off moves happen or investors
11:16
are unsure. You also have participants like
11:18
hedge funds that come in and out the market depending on what the
11:21
basis trade is allowing them to do and where they're seeing
11:25
activity happen. And so you just have more market
11:27
participants. I do think over the long term
11:29
that reduces volatility as we make this move from a early
11:32
stage retail driven asset to an institutional asset.
11:35
But I do think throughout that journey, we're going to see some
11:38
choppiness and certainly over the past month we've.
11:39
Seen, I mean it hasn't seemed to reduce volatility thus far,
11:43
right? I mean, we're still seeing quite
11:45
a lot of volatility here and it doesn't feel like that, you
11:48
know, there are not the sort of buyers in size coming in as
11:53
Bitcoin has been falling. Yeah.
11:55
So if you look at the trend over the past 10 years, volatility
11:58
has certainly been falling, falling.
12:00
But over this short term period, you do see spikes in volatility.
12:04
That's certainly correct. The buyers for Bitcoin that
12:07
we're seeing coming to the market today are more long term
12:10
buyers than we've seen in the past.
12:12
The wealth managers and the financial advisors that we speak
12:14
to a Bitwise are adding Bitcoin to model portfolios.
12:17
They're rebalancing on a standard basis.
12:19
That should all reduce volatility to add more long term
12:22
demand. But there's some other elements
12:24
at play here like the corporate treasuries that are purchasing
12:27
Bitcoin were coming in in size earlier this year and that's
12:30
really dried up. And I think that demand side of
12:32
the equation drying up is what's in part due to this sell off
12:36
that we've seen in October. OK, So what will change that?
12:40
The best cure for that is low prices.
12:42
I assume we're lower prices. Yeah, lower prices are a gift
12:46
and a curse. Of course, a lot of investors
12:48
are feeling pain right now who bought Bitcoin above 100 or
12:51
closer to 125,000 mark. But we believe that Bitcoin is
12:54
going to end the year higher than it is today.
12:56
As I mentioned before, I think we're closer to the bottom short
13:00
term than we were a couple of weeks ago.
13:02
And I do think in 2026 bitcoins going to go much higher.
13:05
You know, institutions are finally here.
13:08
That doesn't mean that right away they deploy all of their
13:10
capital. It doesn't mean that everyone on
13:12
boards right away, but even Harvard we saw with their recent
13:15
filing is buying Bitcoin in their endowment.
13:17
So I do think institutions are finally here and I think that's
13:20
a long term tailwind. And as they buy more and more
13:23
Bitcoin and other crypto assets in 2026, in 2027, I think that
13:27
demand, the long term drives the asset higher, reduces volatility
13:31
and allows Bitcoin to be incorporated into more people's
13:33
portfolios. One of the interesting things
13:35
I've seen as one of the reasons perhaps behind the recent sell
13:40
off is the changing perceptions of whether the Fed might cut
13:43
rates in December. And I think it's so interesting
13:45
when we talk about Bitcoin, that's supposed to be this asset
13:48
that's kind of divorced from everything relying on a Fed rate
13:51
cut. I mean, come on, it's a little
13:53
bit, you know, we're supposed to be freed from the shackles of
13:55
Fiat currency or whatever. That doesn't feel very freed
13:59
from the shackles. No, that's exactly right.
14:01
You know, that's that's a criticism that a lot of
14:03
investors we speak to make and and have observed.
14:05
And I think post COVID, we've really been in this fiscally
14:08
dominated environment where rate cuts and other macro elements do
14:12
play more of a role. We've seen correlations of
14:15
Bitcoin to equities spike or raise in that environment.
14:19
It's closer today to that low correlation range and pre COVID
14:22
and previous fiscal dominance, it was just an uncorrelated
14:25
asset. So I do think it is a bit ironic
14:28
that this untethered sovereign store of value now has a little
14:33
bit more, you know, driver related to macro markets.
14:37
And it's really an asset that's performed remarkably well in low
14:41
rate environments and risk on environments.
14:43
And of course, right now there's there is fear around whether the
14:47
Fed is going to cut rates at the December meeting and how many
14:49
cuts will happen. So if they don't cut in
14:51
December, what happens to Bitcoin?
14:53
I think that right now no cut in December is largely priced into
14:58
the market. I think Bitcoins really been a
15:00
leading indicator of where markets are headed and the fact
15:03
that it's bottomed out around 90K and you're starting to see a
15:06
recovery in some other asset classes as well, including
15:10
Bitcoin. I think that the the lack of an
15:12
interest rate cut in December is likely priced in and that people
15:14
have already started to turn to 2026.
15:17
Do you guys have a price target for next year?
15:19
So this year we had a price target of 200,000.
15:22
And I think it's safe to say that come December, that's not
15:25
going to happen. But we do believe that in 2026
15:28
Bitcoin will hit 200,000. And it's because those
15:31
institutional investors are are coming in in waves, whether it's
15:34
wealth managers or endowments or pensions or corporations or
15:38
governments. We think all of that capital
15:40
coming into the space is just creating a systemic imbalance of
15:43
demand versus supply. So we believe Bitcoin will hit
15:45
200,000 in 2020. I think that guy's been watching
15:47
the show because I've said this many times.
15:50
Why am I not pissing down my leg right now?
15:53
Well, institutional adoption, nation states entering Clarity
15:57
Act, stimulus rate cuts, game over.
16:00
And while Bitcoin sniffs out this liquidity, JP Morgan just
16:04
tried to kneecap micro strategy. All right.
16:07
So I learned this really interesting thing over the past
16:09
couple days and I've been communicating with JP Morgan
16:12
about it over my Bloomberg. But JP Morgan is requiring 95%
16:18
margin requirement for MSTR stock now.
16:22
Why is that? That doesn't make sense for
16:25
those that are in the industry. You understand that 95% is
16:28
really high for those that aren't in the industry.
16:30
Let's talk about that, right? So 95% means that for $100,000
16:35
of MSTR stock, you can only borrow $5000 against it.
16:40
So that's really, you know, very, very high margin
16:43
requirement. So JP Morgan went from over the
16:47
summer 50% margin requirement to now increasing it to 95%, right?
16:53
So when you do that, you require people to post cash or post
16:57
securities against that to increase the value against that
17:02
security, so you can't borrow as much against it.
17:05
That begs the question, are they trying to force liquidation of
17:09
MSTR stock by pushing the margin requirement for 90 to 95%?
17:13
Are they trying to put selling pressure on it that over the
17:18
last month you've seen MST Rs M, NAV contract significantly and
17:25
this may be a large reason why? And why is JP Morgan doing that?
17:30
MST Rs stock doesn't really meet the criteria for requiring 95%
17:34
margin. Love to hear what you think.
17:36
They raised the margin requirement from 50% to 95%, not
17:40
because of risk, not because of volatility, but because Jamie
17:44
Dimon got subpoenaed and woke up violent GFY Jamie and now the
17:49
revenge arc. GameStop and Genius Group are
17:52
both hunting hedge funds, and Wall Street is panicking.
17:55
Out to my subscribers, and here's the list.
17:58
The shorts. First of all, all of this
18:00
nonsense, all of this noise, all of this whining by Wall Street,
18:03
it's making me sick. 140% of GameStop was short.
18:08
I didn't hear one person on TV complaining about Wall Street
18:11
trying to crush GameStop 140% short.
18:16
I told my subscribers buy the stock and they made a fortune.
18:19
I also told them to buy Virgin Space Virgin.
18:22
We took profits on that today. Fizz, that's up huge.
18:26
Tangers is up huge. Neil, you can't allow Wall
18:29
Street to short 75% of a stock and nobody says anything.
18:33
Crush these companies into the dirt and then when they the
18:35
vigil investor makes money, everyone's up in arms.
18:38
Oh, if they're going to lose their shirt, don't you think
18:40
people are trading? If it traded 80 billion shares a
18:43
day, people are ringing to register.
18:44
I have a kid who bought a house he had he made $50,000 and
18:48
bought a house. So yeah, some people are going
18:50
to lose if some are going to win.
18:51
But if you want to, if they want to change the rules of the game
18:54
now because the general public is making money after decades of
18:58
the shorts crushing thousands of stocks into the dirt.
19:01
I've watched stocks being crushed completely to zero, and
19:05
no one ever went whispered anything because those stocks
19:08
didn't have Wall Street sponsorship.
19:10
They were small names. Maybe they went public through a
19:12
reverse takeover. Whatever it was, the shorts have
19:15
had their way with the market for decades.
19:16
No one's ever complained about it.
19:18
So I am thrilled. If you were going to try to
19:20
destroy a company by shortening 140% of its stock, you have to
19:24
accept the fact that individual investors are playing the same
19:27
game that you're playing and now you're losing.
19:30
When Charles Payne, one of the nicest dudes alive, breeze fire
19:34
like that, you know these shores went full cartoon villain.
19:38
The sad truth is bankrupting companies became more profitable
19:41
than building them. This is why innovation died,
19:45
This is why young people are pissed, and This is why Bitcoin
19:48
is the opt out. About 20 years ago that a number
19:51
of hedge funds centered on a guy named Steven Cohen in specific,
19:56
had had figured out we, the SEC, are going to turn a blind eye
20:01
and to hedge funds who want to come in and do some manipulative
20:06
activities, which just means using that using the fault
20:09
tolerance to end up selling much more stock to shorting much more
20:12
stock than there actually is to straight.
20:16
And they did, and they turned a blind eye.
20:19
And that's a little bit like some sheriff in a community
20:22
deciding, well, I'm so bad I can't solve all of it.
20:25
So I'm going to count on, I'm going to give a nudge and a wink
20:28
to some vigilantes. That's what happened.
20:30
The SEC, I understand in the late 90s just signaled a blind
20:34
eye to misbehavior in the penny stock market.
20:38
And that's something wrong in the.
20:39
Public markets. And I think that.
20:41
We are seeing. Signs that there's something.
20:43
Wrong now. In the public markets.
20:45
We're not seeing companies. Decide to go public early in
20:48
their lives. And then what happened in
20:51
01/02/03 or four, they started moving their way up the food
20:54
chain and in 04, they got to a $200 million company called
21:00
overstock.com, which I had started a few years earlier.
21:04
So that's that's how I got into this and somebody it is kind of
21:09
funny now that process by which they generate more shorting than
21:13
there is actual shares to short is called naked short selling.
21:17
That's really just one of the problems like there's others.
21:19
There's something called abuse of the option market maker
21:22
exemption, which used to be called the Madoff exemption
21:25
because Bernie Madoff, when he was chairman of NASDAQ, got the
21:29
SEC to build this exemption in for market.
21:33
And it really just became another route by which hedge
21:36
funds could could do this manipulative trading and not for
21:39
its intended purposes. The United States approximately
21:42
300 are registered market makers, and those market makers
21:46
are allowed to lease out rent. Out their.
21:50
Market maker ID code. It's called their market
21:52
participant ID. Anybody in the?
21:55
World that's willing to. Pay for that right can reflect
22:00
themselves. In the order management.
22:02
Systems as that market maker. We got some fire coming your
22:06
way, but before we bring it home, look at our legs. 3-4
22:10
times maybe? I pump those numbers up.
22:11
Those are. Rookie numbers in this racket.
22:13
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23:11
about money. I'm from Germany and the first
23:14
time I learned what inflation is was three years after my
23:18
graduation and I wasn't even living in Germany anymore.
23:22
The governments of the world's most developed nations don't
23:25
seem to care much to teach their people about money.
23:28
Was that maybe it's because teaching their people about
23:31
money would require teaching them how their government
23:34
systematically steals from them? And that the reason why they
23:38
can't afford a house, they can't afford to feed a family on a
23:41
single income anymore isn't because they're lazy millennials
23:44
or lazy Gen. Z or whatever, But it's because
23:47
they have to work their entire lives for something that the
23:49
state can print out a thin air. Of course your government won't
23:52
teach you that. It'll probably make you pretty
23:54
angry. We live in a world that wants us
23:57
in debt, that wants us consuming, wants us spending
24:01
money constantly, doesn't want us saving money because savings
24:04
no good in this messy economy that we've put ourselves into.
24:08
We live in a world where bad debt has become not just normal,
24:12
it has become normalized and financial institutions make
24:15
money over your misery. We live in a world where in one
24:19
of the richest, most powerful nations, people pay for burritos
24:24
in instalments. I want to live in such a world.
24:28
So they could say that I'm shilling the dictator and so on
24:31
and so forth. But this was last week.
24:35
These kids are part of the pilot program of the What is Money
24:38
Project. Because in El Salvador, 7 year
24:41
olds learn about money. Give me one other country that
24:45
does this, One other country that actively pursues the
24:49
financial sovereignty of its citizens, one other country that
24:53
says, you know, I know money is a tool for mass control.
24:56
I'm going to do the opposite and set my people free.
24:59
Because I can tell you about countries that are well on their
25:02
way to eradicating cash, replacing it with digital
25:05
surveillance money, or countries that are well on their way to
25:08
imposing digital ID on a wholly unwilling population without a
25:13
democratic mandate. Or I can tell you about
25:16
countries that have frozen their Citizens Bank accounts because
25:20
they engaged in protests against the regime.
25:22
I can tell you none of those countries are El Salvador.
25:25
All of those countries are so-called first world countries,
25:30
supposedly part of the free world, supposedly full
25:34
democracies according to the Democracy Index.
25:38
Tell me again how El Salvador is the dictatorship?
25:41
Kids in El Salvador getting orange peeled in elementary
25:44
school. Meanwhile, the West teaches
25:46
here's how to take out predatory debt and stay poor forever.
25:49
It's almost like people in the 1970s knew where Fiat would
25:53
eventually lead. At least a few of them.
25:55
I may be taking some liberties here, but what if Project
25:58
Looking Glass revealed A surveillance state, monetary
26:02
collapse, and an awakening? An awakening to the grand
26:05
illusion of Fiat money. There's a problem when we
26:09
approach 2012, the timelines converge on that point in time.
26:15
At the end of 2012, the choices that we make become less and
26:19
less consequential to the future.
26:21
And eventually we're pushed into this bottleneck of time no
26:26
matter which choice we make. And that's important to the
26:30
people that had access to Looking Glass because what
26:34
happened was people, very smart people, began to figure out that
26:40
something big was coming up, something that made it so all
26:44
the possibilities of all the future scenarios of any choice,
26:49
any possibility that was fed in and observed through the Looking
26:53
Glass inherently ended up in the same future.
26:58
And no decision, no possibility changed past a certain point.
27:05
That's the big secret. All possible timelines lead to
27:09
the same basic set of history in the future and.
27:15
What is that history to you? Did You Know?
27:16
That or did. You find that out.
27:17
That is the big question. That is the big secret.
27:20
That is what sends everybody that has all of the information,
27:24
that knows everything into a blind panic.
27:30
The people that know everything about Looking Glass, that have
27:32
gotten all the reports and all the information, the elites of
27:36
the world probably figured out that that was the end of the
27:42
game and nothing could be manipulated beyond that point.
27:47
At a certain point, after they're done hearing the
27:49
computer tell them this is what's going to happen over and
27:53
over and over and over again, all they become focused on is
27:58
how do we fix it? What I do know is that I was
28:01
called in and asked to solve this problem, this timeline
28:08
contraction problem, and I eventually did my due diligence
28:13
and did all the investigation and basically only had one piece
28:17
of information, and that was reinforcement.
28:19
The computer's right. The timelines will contract down
28:22
to some inevitable thing that you guys won't tell me about, so
28:26
I can't help you. There is an inevitable event.
28:31
It's been forecast, it's been predicted, it's been fed to us
28:35
in a slop through of what they want us to believe will happen.
28:40
However, comma they don't actually have control over what
28:44
happens. They only have control over the
28:46
reaction. And it seems that no matter what
28:49
they tried to do to 'cause their desired reaction, it's going to
28:54
have an opposite effect. If I had to give it a name, I
28:58
would say it's the awakening process.
29:00
Great Awakening is upon us and just this like confluence of
29:04
events all happening right now when Bitcoin is in the 80 KS and
29:08
the Fiat cabal is on the ropes on many fronts.
29:12
They're getting desperate. Hello, I have good news for you
29:16
on the digital euro front today. The Governing Council has
29:20
decided to move ahead on the next and final phase of the
29:25
preparatory work for the digital euro.
29:29
The other good news is that on October. 23rd The European
29:32
Council has asked us and all those involved.
29:36
To accelerate the process so that we can.
29:39
Roll out the digital euro as early as possible.
29:43
This is important because. As much as banknotes.
29:46
Will continue to circulate. We want cash to be in the form
29:51
of digital euro as well, so that you can circulate banknotes and
29:55
click cash with the digital euro.
29:59
More work is going to be done in the next few months and if we
30:03
receive the approval by the European Parliament in the
30:07
course of 26, we'll be able to pilot the digital euro as of 27.
30:13
And if the pilot is conclusive and positive, it will be a
30:16
formal roll out in the whole of Europe in 2029.
30:20
This is a big project because the euro is our currency, your
30:25
currency. It brings us together.
30:27
It's a. Symbol of trust in our common
30:29
destiny. So off we go with the digital
30:32
euro in that next and final phase of the preparation.
30:36
Europe choosing surveillance, America choosing Bitcoin.
30:40
The split is happening in real. Time.
30:42
The president created a strategic reserve of Bitcoin in
30:45
part because the United States government didn't have like a
30:48
single custodian. You had every agency in the
30:51
government that might have had an asset seized, an asset or
30:54
anything else, any kind of digital asset, they, they didn't
30:58
have custody of it. So they were losing track of the
31:00
private keys. So essentially when you lose
31:03
your keys, you lose, it's like losing a pile of cash.
31:06
So they created an organized way and put it under treasury to
31:09
say, hey, we're going to have a single custodian for all of the
31:13
Bitcoin, kind of like Fort Knox for crypto, right?
31:16
And then they said, well, not all cryptos created equally.
31:19
Bitcoin we want to hold on to it's an appreciating asset over
31:22
a long period of time. Some of these other things, we
31:24
should just sell them off and buy more Bitcoin.
31:27
But they wanted to do it in a deficit neutral way.
31:30
And I think a lot of people are been like, well, well, how else
31:33
do you put money in there? And so we're introducing
31:36
legislation that not only codifies that executive order.
31:39
So there's a common sense way to have custody for the Bitcoin and
31:43
other digital assets, but you can contribute so when you pay
31:47
your taxes, you can pay your taxes in Bitcoin.
31:50
So Bitcoin is currency in that sense, and there's no capital
31:53
gains. Strategic Bitcoin reserve taxes
31:56
payable in Bitcoin capital gains exemption Holy shit this is the
32:01
beginning of Bitcoin nation state game theory on US soil.
32:06
The Great awakening is happening right now.
32:08
The AI bubble is cracking. Wall Street's fraud is being
32:11
exposed. Liquidity has evaporated, but
32:15
the the Fed is cornered and Bitcoin sitting in the 80 KS
32:18
staring down a monetary regime change.
32:21
This is not a dip. This is not a correction.
32:24
This is not a winter. This is the world realizing the
32:28
Fiat system is the scam and Bitcoin is the exit.
32:33
Choose your side Bitcoin or slavery.
32:34
Opt in or get dragged to Fiat Sheol while we.
32:38
Prepare our horses to. Ride to Valhalla Hey, let us
32:43
know what you guys think below I hope you enjoyed this one Don't
32:45
forget to like subscribe and give us a pimp.
32:48
Go ahead and share this video with Jamie Dimon and tell him to
32:50
have fun staying poor. I love you guys, catch you next
32:53
time push.