Latest / Brandon Fogal Evolution / #84 - Will the U.S. Government Buy Up Bitcoin?

Transcript

#84 - Will the U.S. Government Buy Up Bitcoin? · Brandon Fogal Evolution

• 0:00
  Will the U.S. government buy up Bitcoin?
• 0:04
  Today, I am going to talk to you about a little bit of a hunch.
• 0:10
  I'm putting on my conspiratorial hat on a Monday, early. I don't know if you
• 0:14
  all are ready for that, but I am doing it.
• 0:16
  Usually, I save it for a little bit as people have a little bit more time to
• 0:19
  get going with the news, the news cycle.
• 0:22
  But now, I just got a hunch that the U.S.
• 0:26
  Government, And I'm just trying to think how things are going to play out and
• 0:29
  how things are going and what's going to happen.
• 0:32
  My prediction is that the U.S. government will buy up Bitcoin.
• 0:37
  Not immediately, not immediately, but within the Trump era, within the Trump
• 0:43
  era in the next four years, I believe that they will buy up Bitcoin. And what does that mean?
• 0:48
  My name is Brandon Fogel. This is Evolution. Let's dive into it.
• 0:52
  All right. So you might think, why would I think this? What would possibly put
• 0:58
  me in this side of the camp, this side of the crazies, the crazies that are out there?
• 1:03
  And I'm not going to hold back on conspiracies because I believe the conspiracy
• 1:10
  nuts, for the most part, that people thought were conspiracies and crazies,
• 1:14
  they have all turned out, for the most part, to be true.
• 1:18
  You know, it's hard to find a good conspiracy anymore because they're all true. Right?
• 1:23
  So now I'm thinking, now I put a link in the description of a Tim Pool video and a clip.
• 1:30
  It's about 20 minutes long, but it's really good from his show where they got
• 1:34
  into private equity firms, buying up, just going in and just cleaning house
• 1:39
  on a lot of businesses, kind of big corporations.
• 1:42
  So it's not going to be the end of the world. And I think the Trump administration
• 1:46
  is already trying to get ahead of it because the people that are the top of
• 1:52
  the top echelons, you know,
• 1:54
  they know how to gain the system because they are smarter than the system.
• 1:59
  They know how they know the ins and outs of the system. The tax code is what
• 2:03
  makes someone just a regular guy, maybe a bum.
• 2:07
  And then also the rich, the rich and the politicians don't want to just completely
• 2:12
  destroy the tax code that we have.
• 2:14
  And we have set up is because they know how they know the loopholes.
• 2:17
  They know the ins and outs. They know how to get mega wealthy from it, you know?
• 2:23
  And so, I mean, are they doing anything wrong? You know, it doesn't,
• 2:28
  it doesn't really matter in a sense because they're within the confines of the
• 2:33
  system that we have in place.
• 2:35
  I think some major things need to happen.
• 2:37
  And my, so my prediction is Bitcoin is the future.
• 2:42
  Bitcoin is the future. And I think the way that the government is going to get
• 2:47
  ahead of it is they're going to massively, it's going to be like under,
• 2:51
  like, you know, kind of downplay it a little bit, but they're going to massively take over the crypto.
• 2:58
  Trump, the only guy that would do this, I think is Donald Trump,
• 3:01
  is Donald Trump, because he does crazy things that you think nobody's going
• 3:08
  to do something like that.
• 3:09
  That's like too insane, but Trump always goes there.
• 3:12
  They're already working it in. Like crypto is, we know it's a major thing now.
• 3:17
  It's no more like a thing of just the nerds sucking up all the crypto and getting
• 3:22
  crazy wealthy from it. But it's like it's mainstream.
• 3:26
  And how's the U.S. government going to,
• 3:29
  get ahead of like in the future, how are we going to handle our crazy debt?
• 3:34
  How would we get ahead of it?
• 3:35
  The way that they're going to do it is the cryptocurrency. They're getting into that.
• 3:39
  Whether they rename Bitcoin, it becomes our coin, US coin or whatever.
• 3:46
  They are going to take over that. I firmly believe that because it's the way of the future.
• 3:53
  It's the one world currency that will eventually be here.
• 3:56
  It's like we compare Bitcoin to US dollar. It's like how much US dollar you
• 4:01
  have and you compare it to your Bitcoin and that's how much you got.
• 4:04
  The government is going to step in and they're going to take over it.
• 4:07
  So basically it becomes one.
• 4:09
  It almost would be, and this is where I'm now I'm hesitating.
• 4:13
  Would it be a good thing or would it be a terrible thing?
• 4:16
  Would it make the value of Bitcoin skyrocket or would it make the value of it
• 4:21
  plummet? because a lot of people out there, regular Joes out there,
• 4:24
  they got pennies of Bitcoin.
• 4:27
  They got pennies compared to what it actually is. And not all the Bitcoin has
• 4:30
  been mined, but there is, it is expected that it will be mined within,
• 4:35
  in the years like 2030, 2030 something like 2035,
• 4:40
  that it will be fully mined. It'll be completely out.
• 4:44
  The government, I would say it will do this. The US government will do this.
• 4:48
  And it would almost be stupid not to do this.
• 4:51
  We used to be on the gold standard, Bitcoin and just cryptocurrency is the next
• 4:56
  era standard, you know, but it could clean up things because everything is visible.
• 5:01
  Nothing is hidden. There's no more secret money anywhere. It's all,
• 5:05
  everybody has access to it. I think Trump will enact this sometime.
• 5:10
  He will do this. And this is my prediction. I know I do some crazy things,
• 5:13
  but this, I really think this will happen.
• 5:15
  I'm going to throw this out there again. I said last year, I believe YouTube
• 5:19
  and X are the ones that they're the platforms of the future.
• 5:24
  They're going to be basically the state run media somehow.
• 5:27
  And there's going to team up. And this was before X took off.
• 5:31
  X was not in a great position earlier last year, but they took off.
• 5:35
  And now they're basically the place of mainstream news and everything that you
• 5:39
  want instant news. What is happening?
• 5:41
  I think X, X and YouTube will somehow link arms.
• 5:46
  I don't know how all that's going to unfold, but I believe that will happen.
• 5:49
  So this is another one that I'm putting my name out there.
• 5:52
  I'm putting my like, so if it becomes ridiculous, cause I'm putting a time,
• 5:56
  I'm thinking within Trump's term, within Trump's term this time, he will do this.
• 6:01
  It's going to be slow at first, but eventually U.S. government,
• 6:04
  it's going to take it and it's going to absorb all the Bitcoin. It's going to buy up.
• 6:08
  Why wouldn't it? Basically, it decides how much currency it has.
• 6:12
  It decides how much U.S. dollars it has, how much it wants to pump into the system.
• 6:16
  It has an unending, you know, a blank check, a blank checkbook,
• 6:20
  checkbook, blank checkbook.
• 6:22
  Yeah. It has a blank checkbook that it can basically write zeros upon zeros upon zeros.
• 6:26
  Why not? When the value of Bitcoin is basically, it is compared to USD.
• 6:32
  Basically, when you're buying Bitcoin, you're seeing how much USD is this worth?
• 6:35
  The USD is going to become Bitcoin.
• 6:38
  This is the future. And how this, the reason I even believe this,
• 6:42
  Bitcoin will be the one world currency that we have. How does that happen?
• 6:46
  I think this will be the step, the link in the armor, how it happens.
• 6:51
  It'll be good intentions right now by Trump and his administration that they
• 6:56
  will do this, it will put things in a good hold.
• 6:59
  It will save the economy. It will save people's financial futures.
• 7:03
  Near term, long term, it's going to have, it's going to be locked down and it's
• 7:06
  going to be the way that everything is, everything is under one umbrella.
• 7:10
  The tentacles are going to go through everything. This is what is going to happen.
• 7:13
  I firmly believe this, but it's like how it all unfolds for everyone and what it means for everyone.
• 7:19
  Near term, I think it's going to be great. And we're going to welcome it with
• 7:23
  open arms long-term in the future.
• 7:26
  It's just a way that we get there. This is my prediction, the way that we get
• 7:31
  there to the one world currency that everybody has access to in it.
• 7:35
  And nobody can buy, sell, or trade without it. I'm not making a prediction of
• 7:38
  when that crazy time happens in the future,
• 7:42
  but I think this will be the step, the step that we that gets us to that position
• 7:47
  so i'm putting that out there i know it might seem nuts to some but i believe
• 7:52
  that's what's going to happen all right keep evolving and keep becoming the
• 7:56
  greatest person that you know you can be.