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The $900 Billion Supreme Court 'Rug Pull' That Could Send Bitcoin Parabolic! | Bitcoin Simply · Simply Bitcoin

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  One of the biggest warning signs for the next big print just
• 0:03
  happened while they're distracting you with emails,
• 0:05
  islands, aliens, and the Dow being at 50K.
• 0:08
  Something just happened behind the scenes that affects
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  everybody in America, $900 billion were just stripped away
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  from the US government. And GDP numbers just signaled
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  that the economy is in real trouble.
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  And you know what this means. The money printer is about to go
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  burn. Bit Corners have already
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  predicted what's happening now and what's happening next.
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  In today's episode, we're going to break down this important
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  news and why Bit corners you might look like punch right now
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  are about to explode into a whole different monster when the
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  US government turns on the money printer.
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  Are you ready? This is Dante Cook with Bitcoin.
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  Simply, let's go. $900 billion in tariffs, unless the Supreme
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  Court said you can't do it, Can you believe it?
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  Can you? Believe it.
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  Well, yeah, yeah, we can believe it. the US Supreme Court did, in
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  fact, just say that Donald Trump's tariffs were illegal.
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  This has been a massive blow to the Trump administration, who's
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  been reducing deficits for the first time since the Clinton
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  administration, mainly thanks to tariffs. the US Supreme Court
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  ruled six to three saying that Donald Trump's tariffs and the
• 1:13
  use of the IEEPA tariff mandate was illegal.
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  When, Ashley, last year, how this would impact his campaign
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  and his economic proposals? Well, he said that if the
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  Supreme Court ruled this way, it would be devastating to America.
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  What happens? To your economic plan at the
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  Supreme. Court.
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  Invalidates your tariffs. I think our country will be
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  immeasurably hurt. I think our economy will go to
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  hell. Look, because of tariffs, we
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  have the highest stock market we've ever had.
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  Because of tariffs, 401 KS at the highest level that and this
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  is millions and millions of people that we've ever had, 401
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  KS. I think it's the most important
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  subject discussed by the Supreme Court in 100.
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  Years. The most important discussion
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  that the United States Supreme Court is having in 100 years is
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  a big deal. Here's how big of a deal this
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  is. The i.e.
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  EPA tariff revenue that the United States government
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  collected was over 50% of all of the revenue that they got from
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  tariffs. This means that over $135
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  billion will need to be returned to importer.
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  And the problem isn't just the ruling.
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  This is a logistical nightmare. Justices Thomas and Alito says
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  this the court's decision is likely to generate serious
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  practical consequences in the near term. 1 issue is the
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  refunds. Refunds of billions of dollars
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  would have significant consequences for the US
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  Treasury. But the court today says nothing
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  about whether, and if so, how, the government should go about
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  returning the billions of dollars it's collected from
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  importers. That process is likely to be a
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  mess, as was acknowledged at oral arguments.
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  And to make matters worse, GDP came in at just 1.4% when it was
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  expected to come in at 3%. This is the second worst print
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  in two years. This is a clear sign that the
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  United States economy is struggling.
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  But here's what makes this even worse.
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  The PCE price index in the core PCE numbers came in higher than
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  expected. So this means that the cost of
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  goods and services are also going up while GDP is
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  struggling. And to make matters worse, US
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  hiring is at recession levels right now.
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  Couple this with AI disruption and we have a cocktail for a
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  disaster for the Fed to sip on. So what does this mean in a
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  nutshell, the US government is going to have to print.
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  Let me explain what I mean. Foreign countries are not buying
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  U.S. Treasuries.
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  The stable coin bill is gridlocked in Congress, meaning
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  they can't use stable coins as a lever to raise an issue more
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  debt. The economy is slowing,
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  inflation is picking up, and the United States government just
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  lost one of its highest forms and newest sources of revenue.
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  So what's the option? What's the alternative that the
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  Treasury and the Fed have? If they can't raise money, they
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  can't collect it from other countries and taxing U.S.
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  citizens is not a viable strategy.
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  Well, the only option and means is to print money. the United
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  States government is effectively a zombie company.
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  Listen to how James Lavish explains this.
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  If the United States was a company on the floor of the New
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  York Stock Exchange, we would call the Zombie company.
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  And the reason for that is that they have to borrow, they have
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  to, they have to issue debt and they have to borrow money just
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  to pay interest on the old debt. It's basically dead man walking.
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  And that's the situation we're in in America.
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  And so all of that gets to the whole point, which is the only
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  way that they can deal with this debt is to allow for high
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  perpetual structural inflation. And that will cause GDP to go
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  up. Nominally that'll create more
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  dollars in the economy, but those dollars would be worth
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  less to consumers. However, they'll help pay down
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  the old debt that is based in those old dollars.
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  And so you have these new dollars that are worth less.
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  There's a whole lot more of them.
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  They print money. They, they, they just create
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  liquidity. They expand the the balance
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  sheet of the Fed by printing money with the Treasury, and
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  they use those dollars to create more GDP nominally and pay down
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  the debt. And we all know that the main
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  driver of inflation is basically the expansion of the money
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  supply. And that is how we come to
• 5:13
  Bitcoin and why we think it is so important in an investor's
• 5:17
  playbook in the future. Here's another great clip from
• 5:21
  Sapien who explains the same thing in different language.
• 5:24
  Basically nothing stops this strain, as Len Alden always
• 5:28
  says, and not even Tether. Tether cannot fix what a century
• 5:33
  of Fiat democracy ruined. There's been a century of
• 5:35
  inflation, a century of debt, a century of liabilities piled up.
• 5:39
  And you're not just going to find an enormous number of bag
• 5:43
  holders that are going to be able to buy this.
• 5:46
  Ultimately, I think another point that is often ignored here
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  is that a lot of the new demand, a lot of the demand that is
• 5:53
  coming for Tether is displaced demand.
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  A lot of it is coming from people who are giving up on
• 5:59
  financial instruments that would have demanded treasuries
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  otherwise. In other words, when when a
• 6:06
  currency collapses and people in that country start using Tether,
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  they're decreasing the demand for treasuries by the central
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  Bank of the government whose currency has collapsed.
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  So it's not entirely new demand. And even if it were entirely new
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  demand, even if we assume that 80% of it as we did in the
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  previous example, we still see that the impact on the debt
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  situation in the US is not likely to be significant.
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  It's not likely to make a significant difference because
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  the amount of budget deficit is enormous and it's continuing to
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  grow and the depth and the interest are continuing to grow.
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  And it won't touch the entitlements, it won't touch the
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  defence spending. And so therefore all of this new
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  extra demand is not really going to make a big difference.
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  It's ultimately no way to escape the inevitable fate of default
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  devaluation or default by devaluation.
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  The United States government is backed into the inevitable
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  corner that bit corners have always talked about, and This is
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  why we don't sell our Bitcoin. This is why we've worked with
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  One of the ways you can continue to be sovereign in your journey
• 8:01
  is by removing your Bitcoin from an exchange and becoming your
• 8:03
  own bank. It's hard to invest in these
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  sorts of things at first because you don't really need it all the
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  time until you really do. Work with a coach to understand
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  meeting with the team at the bitcoinway.com slash to get
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  started. One of the biggest
• 8:27
  disappointments that anyone who's had in Bitcoin, especially
• 8:30
  since coming in at 2021 because that's when we made an all time
• 8:33
  high 69,420 if those people there remember.
• 8:37
  And since then we've been flat ups and downs hitting a new all
• 8:41
  time high of 126 K. But largely people have missed
• 8:44
  the whole lore of Bitcoin running up 10XA100X.
• 8:48
  And yet this might have to do somewhat right now with there
• 8:51
  being price suppression coming from the big ETF players.
• 8:54
  Listen to what the CEO, a Bitcoin IRA, had to say with a
• 8:57
  conversation on Natalie Brunel about this sort of thing
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  happening. Do you think that there's been
• 9:02
  some price suppression? I can't avoid that sort of
• 9:05
  question online right now, especially from the Bitcoin
• 9:09
  community on X. They think that there's some
• 9:11
  sort of manipulation to the downside, which is kind of
• 9:14
  ironic, right? They never claim it on when
• 9:15
  we're when we're flying high to a new all time high.
• 9:18
  They're not, it's not being manipulated up, but there's this
• 9:20
  real sense that because the financial institutions are in,
• 9:24
  because there's this like new layer of sort of the suits or
• 9:27
  Wall Street, that it's preventing bitcoins rise due to
• 9:30
  all these derivatives and layers on top of it.
• 9:32
  Yeah, I think when you add the ability to short it, right and
• 9:35
  that that's simply enough the ability to short it to put in
• 9:38
  orders though tea whopping companionship that they're doing
• 9:41
  between there's there's a lot of moving parts once you get to
• 9:43
  that layer. And I'm not a tin hat guy, but
• 9:46
  let's think about it. If every institution wants to be
• 9:48
  the next Michael Saylor and every sovereign nation wants to
• 9:51
  realizes the balance sheet is important, even though they're
• 9:53
  they talked about it a bunch a year ago at the Bitcoin
• 9:55
  conference, everybody was talking about it and then all of
• 9:57
  a sudden they got quiet. Do you would you tell the world
• 9:59
  you're about to buy $100 million of Bitcoin?
• 10:01
  I wouldn't because you want to control the price.
• 10:03
  Now, is there manipulation? Are we talking JV diamond and JP
• 10:07
  Morgan with the silver shorts that they were doing?
• 10:09
  I don't know if it's at that level.
• 10:10
  I think that one of the things I love about Bitcoin is we have
• 10:13
  the blockchain to tell us the truth.
• 10:15
  Other than when you look at stocks, you come from the
• 10:17
  traditional side. That stuff can be manipulated
• 10:19
  left and right all day, every day.
• 10:21
  It's interesting. I do think that because of the
• 10:23
  number of entrants that are coming in that are big players,
• 10:26
  there may be suppression's probably the right word, not
• 10:28
  manipulation. There may be some suppression or
• 10:30
  news that hasn't come out. You know, Sailor calls us and
• 10:33
  goes, hey, guess what? I just bought another
• 10:35
  $775,000,000 worth of Bitcoin yesterday.
• 10:37
  Not a lot of other people are saying that yet.
• 10:39
  And they may be averaging their way in and see where their price
• 10:42
  points can be at because nobody wants to say, hey, we're going
• 10:44
  to buy $100 million, watch it run to 126,000 and then have to
• 10:48
  buy at that price. That's just common sense.
• 10:51
  If that is happening, you have to understand that you can't be
• 10:55
  shaken out and you have to have a longer term time horizon.
• 10:57
  For long stretches of time, Bitcoin does nothing.
• 11:00
  Actually, on a monthly basis, it tends to go down more than it
• 11:03
  goes up, but in short stretches of time, 9 days, 10 days, 23
• 11:07
  days, 30 days. If you look at this chart,
• 11:09
  Bitcoin makes explosive moves to the upside, upside moves that
• 11:12
  you aren't going to want to miss.
• 11:14
  Bitcoin is an asset without an issuer.
• 11:16
  Bitcoin is an asset without centralization.
• 11:19
  Bitcoin is an asset that makes us all truly Bitcoin is an asset
• 11:23
  that is going to benefit in a large way when the US Treasury
• 11:26
  and the US Fed realize that they are a zombie corporation backed
• 11:29
  into a corner with tariff revenue just being stripped from
• 11:32
  them from the by the Supreme Court.
• 11:33
  This is massive news for Bitcoin and you shouldn't underestimate
• 11:36
  the impact that this is going to have on your Bitcoin stack in
• 11:39
  your portfolio. One of the ways you can continue
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  to diversify in Bitcoin is not by just buying spot Bitcoin or
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  borrowing against your Bitcoin, but also stacking it through
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  while you sleep. No middleman, no markups.
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  Work with the team at SAS mining and benefit from when the
• 12:11
  printer does turn on. This is Dante Coke with Bitcoin
• 12:13
  simply and as always, if you get value from this show, do
• 12:16
  subscribe and tell your friends. Happy stacking.