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The Government Has No Choice: Trillions Must Be Printed! (Bitcoin Wins) | Bitcoin Simply · Simply Bitcoin

• 0:00
  Scott Besson just told you something terrifying.
• 0:02
  He said there's no price tag that will make the Iran war
• 0:05
  unaffordable. Think about that.
• 0:07
  Last month, the US government brought in $313 billion.
• 0:11
  Sounds like a lot until you realize they spent $621 billion.
• 0:15
  That's a $308 billion deficit in one month.
• 0:18
  The deficit over the past six months is a trillion.
• 0:21
  So if I'm reading this right, this means that the printer is
• 0:25
  the budget. And if I'm reading between the
• 0:26
  lines correctly, we may be watching this set up for the
• 0:29
  next major printing cycle happening in real time.
• 0:32
  This war in Iran isn't about missiles.
• 0:34
  It isn't about oil. This is about whether the United
• 0:36
  States can still fund itself without breaking the treasury
• 0:39
  market. And if the treasury market
• 0:41
  breaks, America doesn't cut. They print.
• 0:43
  In this episode, I'm going to share exactly why America's in
• 0:46
  trouble. How the Iran war may be the
• 0:48
  event that forces the US into Bitcoin.
• 0:51
  The whales are loading up Bitcoin.
• 0:52
  Treasury companies, central banks, billionaires.
• 0:55
  They realize that, like the Strait of Hormuz, Bitcoin is the
• 0:58
  only path of global escape. This is Dante Cook with Bitcoin.
• 1:01
  Simply, let's go. You can take Iran's oil offline
• 1:08
  and Russia has all the power because now you can't take it.
• 1:11
  You got to have Russia running full out.
• 1:12
  You can take Russia offline and control Iran, but but again, if
• 1:16
  you pick fight with either of them, you're going to blow up
• 1:19
  the oil market. When you blow up the oil market,
• 1:21
  you're going to blow up the treasury market.
• 1:22
  You blow up the Treasury market, you're going to blow up the
• 1:24
  government's ability to fund itself.
• 1:25
  This clip is the entire game. If you missed what he said, let
• 1:29
  me break it down for you. If you pick a fight with Iran,
• 1:31
  you blow up the oil market. If you blow up the oil market,
• 1:34
  you blow up the Treasury market. If you blow up Treasuries, you
• 1:37
  blow the government's ability to fund itself.
• 1:39
  That's not a theory. That's the chain reaction.
• 1:41
  And right now, all three dominoes are wobbling at the
• 1:44
  same time. While the whole world is
• 1:45
  watching the Strait of Hormuz, the narrow waterway in the
• 1:48
  Persian Gulf that every barrel of oil in the region has to pass
• 1:51
  through. I want you to think about
• 1:52
  something different. Bitcoin being the Strait of
• 1:54
  Hormuz for freedom money. We're talking about the Strait
• 1:57
  of Hormuz at the center right now of politics.
• 2:00
  And I think in some sense it is really interesting to imagine
• 2:04
  that Bitcoin is perhaps also the Strait of Hormuz for what free
• 2:08
  money can mean. What I mean by that is if you
• 2:11
  think the Persian Gulf, the Arabian Gulf, is kind of where
• 2:14
  the money system exists today in compliance across the ecosystems
• 2:19
  of the players that can traffic in that gulf.
• 2:22
  The Strait of Hormuz represents the only path in which you can
• 2:25
  escape towards the Indian Ocean, where freedom is and unlimited
• 2:30
  access. And if Bitcoin is that conduit
• 2:33
  that allows money to go from the compliant level in which we play
• 2:37
  to freedom money that is censorship resistant and totally
• 2:40
  permissionless, one may imagine Bitcoin is actually the Strait
• 2:44
  of Hormuz of freedom money. Bitcoin is the only neutral,
• 2:47
  permissionless exit for money anywhere on this planet.
• 2:50
  No government controls it, no bank can shut it down.
• 2:52
  And the billionaires and the big money already know this.
• 2:55
  This is why last week we saw the first central bank in Kazakhstan
• 2:59
  make plans to start to buy and own Bitcoin on their balance
• 3:02
  sheet. They're not buying oil.
• 3:04
  And they aren't the only insiders positioning themselves
• 3:06
  in Bitcoin. Anthony Scaramucci, the former
• 3:09
  White House communications director, a guy who being the
• 3:11
  inside of power, just went on Patrick David Betts podcast and
• 3:15
  said something that should stop you in your tracks.
• 3:17
  Where are you at with it, Anthony?
• 3:19
  Well, listen, it's my largest position by far.
• 3:21
  I've added to the position recently in the in the
• 3:24
  correction. I do believe that Bitcoin is
• 3:28
  going to be a big operating layer like your former guest,
• 3:31
  Michael Saylor, who wrote the foreword of my book about
• 3:34
  Bitcoin. And I'll just say 2 quick
• 3:36
  things. When we move into Agentic AI and
• 3:39
  a computer is not, for regulatory reasons, able to open
• 3:42
  up a bank account somewhere, guess what the computer is going
• 3:46
  to do is going to figure out a way to trade on the blockchain
• 3:50
  and use things like Bitcoin. And so don't underestimate the
• 3:53
  power of this. Moreover, in a decentralized
• 3:57
  society where we're losing our trust in Fiat currencies, I
• 4:01
  think Bitcoin has a store of value or potential layer of
• 4:05
  value that we transact with is going higher and it's a very
• 4:09
  limited supply. And forget about you and me.
• 4:12
  I'm talking about kids that are my kids ages as they go 10 years
• 4:16
  from now, 20 years from now, they start running the big
• 4:19
  money. This is going to be a very big
• 4:22
  asset. So is it a $35 trillion asset
• 4:25
  like gold trading at 1.5 trillion right now?
• 4:28
  I believe it is. Could it take 15 years to get
• 4:30
  there? Probably. 35 so you think you
• 4:32
  can 20X where it's at right now I.
• 4:34
  Do I think it's going to be the market capitalization of gold?
• 4:37
  But I think it's going to take 15 years to get there.
• 4:40
  It's not going to happen overnight.
• 4:41
  Bitcoin is his biggest position by far and he's adding to it.
• 4:45
  He sees Bitcoin reaching $35 trillion not right now, but over
• 4:49
  time, and that's a 20X from today.
• 4:51
  And he's saying something very important about the floor of
• 4:53
  bitcoins price right now that everyone is neglecting while
• 4:56
  they're panicking. Right, right.
• 4:57
  You see Michael Saylor and them, they just bought another 1.3
• 5:01
  billion. I don't know what the number.
• 5:02
  1.3 billion he's single handedly propping up Bitcoin during this
• 5:05
  bear market and he's set up now to buy you know another 10 to
• 5:10
  20,000 Bitcoin at a clip every quarter he's buying more than
• 5:14
  the mine supply of Bitcoin right now OK so 450 bitcoins are
• 5:20
  coming out of the network and Michael's buying roughly about
• 5:23
  600 a day is to give you a sense for what he's they.
• 5:25
  Got to do blood work on this guy.
• 5:27
  They got to do blood work on this guy to see ice cold or you
• 5:30
  know, where is it at? I mean, is there, is there a, is
• 5:33
  he that ice? Cold you know I watched your
• 5:35
  interview with him. I guess the only thing I would
• 5:38
  not to overly simplify the interview, but Michael is in the
• 5:40
  software business and Michael tried to compete against
• 5:43
  Microsoft and lost. And he now sees this as the
• 5:46
  operating software for the future of money.
• 5:49
  And so he didn't make it, but he wants to own it because he
• 5:52
  thinks that's worth. Michael Saylor, Micro strategy
• 5:55
  or strategy STRC. That is the floor right now
• 5:59
  during this bear market. Let me give you the stretch
• 6:01
  numbers from this week. Yesterday alone, it's estimated
• 6:04
  that they bought over 4000 Bitcoin, about a billion dollars
• 6:07
  worth nearly double their previous record.
• 6:09
  It's estimated they bought over 11,000 Bitcoin this week.
• 6:12
  Trading volume hit 471% of their daily average and there's been 9
• 6:17
  days straight of ATM activity. It's getting so crazy now that
• 6:20
  we even have Bitcoin treasury companies buying this asset as a
• 6:24
  part of their reserve. Orange BTC in Brazil just added
• 6:27
  stretch as part of its Bitcoin treasury reserve strategy.
• 6:30
  And here's the stat the financial mainstream media won't
• 6:32
  tell you. STRC sharp ratio, the measure of
• 6:35
  risk adjusted return is 3.5 higher than gold, higher than
• 6:39
  the QQQ, higher than the S&P 500.
• 6:42
  The best risk adjusted asset in the market right now isn't a
• 6:45
  tech stock. It isn't bonds.
• 6:46
  It's a company that does nothing but buy Bitcoin.
• 6:49
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  meeting with their team at the bitcoinway.com/dante.
• 7:40
  Back to the show. Guess what?
• 7:41
  The $5 billion asset manager Bitwise just told CNBC.
• 7:44
  And, you know, as the ETFs came to market and gave regulatory
• 7:49
  clarity around the custody of Bitcoin, which is the, you know,
• 7:52
  the single biggest thing when you're managing other people's
• 7:54
  money, you can't hold the assets yourself.
• 7:56
  And, and so the ETFs unlocked that functionality for
• 7:59
  fiduciaries. And there's been a trend of, you
• 8:02
  know, individuals selling their coins to the ETFs.
• 8:06
  And we're seeing more pension funds, more endowments.
• 8:09
  Last week, the first central bank to buy Bitcoin, the Central
• 8:13
  Bank of Kazakhstan, announced that they'll be adding Bitcoin
• 8:17
  and digital assets. That really gets to my point
• 8:19
  about this intersection between and the energy and electricity
• 8:22
  markets and the Bitcoin markets. Kazakhstan, you know, famously
• 8:25
  sitting on huge reserves of nuclear power and electricity.
• 8:29
  So it's natural, we think, for them to adopt Bitcoin.
• 8:33
  There's a dozen countries like that that are mining Bitcoin,
• 8:36
  you know, at the government level, and we expect that to to
• 8:39
  proliferate. It's all the intersection of
• 8:42
  everything. The next wave of demand is here.
• 8:44
  Central banks are buying Bitcoin.
• 8:45
  Dozens of governments are mining Bitcoin.
• 8:48
  The wave of new demand in Bitcoin won't just be from
• 8:50
  retail, it'll be sovereign and it'll be institutional.
• 8:52
  And you know why this is a certainty?
• 8:54
  Because on the same exact day the CEO of the $25 trillion U.S.
• 8:59
  banking industry stood up and called Bitcoin a threat, they
• 9:02
  declared war on the Bitcoin market structure bill.
• 9:04
  And it's not a warning, it's a confession.
• 9:07
  Let me reiterate something right up top.
• 9:10
  Our industry welcomes competition and innovation, and
• 9:13
  many banks are eager to offer products and services in the
• 9:16
  digital asset marketplace. What we don't support is an
• 9:20
  uneven playing field where new entrants want to offer bank like
• 9:24
  products without having to comply with bank like rules, or
• 9:28
  even worse, push for a regulatory framework that puts
• 9:32
  consumers, the financial system and the economy at risk.
• 9:36
  We can't let that happen. When the most powerful banking
• 9:41
  lobby in the world says we can't let that happen, it means
• 9:44
  something is already happening and they're scared.
• 9:46
  It's scared because their profit centers collapsing while the
• 9:48
  treasury market is in shambles and the oil market is showing
• 9:51
  that this war is going to be prolonged.
• 9:53
  Vince and Daniel, one of the investors from the Big Short who
• 9:56
  shorted the 2008 housing market, explains exactly what happens
• 10:00
  next with war, AI, geopolitical crisis.
• 10:03
  He says it is going to cause a 50% drawdown in stocks, which,
• 10:07
  oh by the way, it felt 1.5% yesterday.
• 10:09
  The six daily decline, it's done more than 1% just this year
• 10:13
  alone. But he says the quiet part out
• 10:15
  loud. The government's not going to
• 10:17
  let the market crash. They never do.
• 10:19
  I think the question what you're really asking me is there any
• 10:22
  way we can do this without the S&P going down 50%?
• 10:25
  That's what you're asking me. It's also a good question.
• 10:29
  The answer is no. OK, so I don't have no one.
• 10:33
  If we had a way or a means to do that, we would have done it
• 10:38
  already. So the only way to to alleviate
• 10:42
  the issues is by printing money. If the minute you allow price
• 10:47
  discovery of any kind, the S&P is going down a lot.
• 10:52
  What do you mean when if you allow price discovery well.
• 10:55
  Give an example. Let's say price discovery is the
• 11:01
  reality that something is allowed to go down, which is
• 11:03
  supposed to happen in the capitalist system.
• 11:06
  OK, let's just say software is going to be a material problem,
• 11:11
  right? Because of AI.
• 11:13
  And let's just say all these, I'm actually probably rewriting
• 11:17
  Citrini's note, right? Let's just say all these
• 11:20
  software companies go down another 6070%.
• 11:24
  And let's say all these private software companies, right, which
• 11:28
  are funded by private equity can't pay their bills.
• 11:31
  And all of a sudden the default rates go up, right?
• 11:36
  And the S&P drops, NVIDIA drops, there's no capital coming in the
• 11:40
  door. What are you going to do?
• 11:42
  What is everyone going to do? And again, I, I, as I, I want to
• 11:45
  tell your, your, your, the audience.
• 11:47
  I'm not predicting this. You asked the question, I'm
• 11:51
  answering it, right. If the markets were to go down
• 11:56
  4060% and this is where I think Satrini might be off is what is
• 12:02
  the government response, right? And if price discoveries, the
• 12:06
  government says caveat emptor, buyer beware, sorry, right.
• 12:12
  Let's find where the right places where unlevered buyers go
• 12:17
  out and buy this stuff. But that's not acceptable
• 12:19
  anymore. Before I let you go, let me
• 12:21
  leave you with something interesting.
• 12:23
  It's Friday the 13th. And you know what's actually
• 12:25
  scarier than Friday the 13th, March the 12th. 6 years ago
• 12:29
  today, on March 12th of 2020, the market was a sea of red.
• 12:32
  It was in shambles. Every major stock was down
• 12:35
  double digits in this single session.
• 12:37
  People were terrified and they were selling everything.
• 12:39
  And then the printer turned on. Everything ripped back in some
• 12:42
  the K shaped economy and we all know what came next.
• 12:45
  And so as we look at 2025, gold is up 55%, Bitcoins down 9%.
• 12:50
  Some people are using this time period to call the thesis
• 12:53
  broken. But if you look at the 14 year
• 12:54
  chart, Bitcoin has outperformed gold and everything else by a
• 12:57
  meaningful margin. And it tends to outperform even
• 13:00
  more when the money printer comes on and money and liquidity
• 13:03
  have no other place to go. How Finney wrote this in 2011,
• 13:06
  and I think it's pertinent today.
• 13:07
  Every day that goes by and Bitcoin hasn't collapsed due to
• 13:10
  legal or technical problems, that brings new information to
• 13:12
  the market. It increases the chance of
• 13:14
  Bitcoin's eventual success and justifies a higher price.
• 13:17
  The printer is about to turn on and Bitcoin isn't failing
• 13:20
  anytime soon. It is the Strait of Hormuz for
• 13:23
  freedom money. As Jeff Park puts it, the US
• 13:25
  government has nowhere to go, and this Iran war isn't about
• 13:28
  missiles or oil. It's about whether the United
• 13:30
  States government can continue to fund itself, which it always
• 13:33
  has done through treasuries. There needs to be an escape
• 13:36
  valve, and that's Bitcoin. This is down to cook with
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  Bitcoin simply happy stacking. And if you've already done the
• 13:41
  work of trying to understand the Bitcoin network and you believe
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• 13:49
  cost averaging or backing up the truck when Bitcoin dips, you can
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  Get started by using the QR code on the screen today.
• 14:11
  Happy Friday, we're out.