Latest / Simply Bitcoin / Did Trump Just Signal an $800 Trillion Rotation Into Bitcoin?! | Bitcoin Simply
Transcript
- 0:00The biggest story they don't want you to know was just reveal
- 0:03Friday evening and we have the receipts ready.
- 0:05And no, it's not tariffs. It's the reason behind the
- 0:08tariffs. An interview this week revealed
- 0:10that there's going to be trillions of dollars, $800
- 0:13trillion, rotating from yesterday's asset holders to
- 0:16tomorrow's asset holders. And I know what you're probably
- 0:19wondering, what does this even mean and what does this have to
- 0:21do with Bitcoin? That's exactly why I'm here to
- 0:23connect the dots. I'm dropping the real reason
- 0:25behind the tariffs and how it's all tied to the $300 trillion
- 0:29housing market, which is in trouble, and the $100 trillion
- 0:31bond market. Stick around.
- 0:33By the end, you'll know exactly where the smart money is
- 0:35heading. This is Dante Cook with Bitcoin.
- 0:37Simply, let's go. All right, The number one
- 0:43discussion in the economy right now is the tariffs, and there's
- 0:46a lot of confusion around it. Donald Trump said on Friday that
- 0:48he will increase the global tariffs to 15%, But people are
- 0:52fundamentally misunderstanding what this is actually for.
- 0:55In an interview with a local news station in Houston, Scott
- 0:58Besson laid out the real reason for the tariffs.
- 1:00But let's get right into what's going down right now.
- 1:03Today I will sign an order to impose a 10% global tariff under
- 1:07Section 122. Over and above are normal
- 1:11tariffs already being charged. The Supreme Court ruled that a
- 1:14certain type of tariff was illegal, but they didn't rule
- 1:16out that Donald Trump couldn't use other laws and statutes to
- 1:19implement his tariff plan. And that's exactly what he was
- 1:21doing. He originally started at 10%,
- 1:23but he upped it to 15%. And Scott Besson said that 15%
- 1:27might not even be the limit. The.
- 1:28President announced today that we're going to go to a 15%
- 1:32global tariff during that time. Over over the next few weeks,
- 1:37USTRAUS Trade Representative and Commerce will initiate a Section
- 1:44three O 1, Section 232 investigations which are
- 1:47industry specific or a trade practice specific.
- 1:51And based on those, it's very likely that we will move back up
- 1:55to or maybe even above the higher tariff level.
- 1:58Here's what people fail to realize about the tariffs and
- 2:00why they're important. The tariffs are what's keeping
- 2:02the bond market in check. The tariffs are the actual
- 2:05revenue that we need as a country to be dependable by our
- 2:08borrowers around the world, AKA people that want to invest into
- 2:12long term U.S. debt. But what does this have to do
- 2:14with the housing market? Well, Scott Besson ties the link
- 2:16for us right here. There's this back and forth
- 2:19after the announcement yesterday as well.
- 2:21You know, we're glad the terrorists aren't there, but we
- 2:23liked the money because the money was keeping interest rates
- 2:26low. We have the lowest mortgage
- 2:28rates the in three years now. And you know, some some of that
- 2:33is due to the stability in the bond market.
- 2:35And I can tell you that we are going to keep the tariff income
- 2:38at the same level and we're going to have the same stability
- 2:41in the bond market. Let me explain this simply.
- 2:43This is Bitcoin simply. Here's how global debt holders
- 2:46are underwriting the United States.
- 2:47It's sort of like you as a person.
- 2:48If you have more income, let's say you have a side hustle
- 2:51that's generating passive income for you.
- 2:53Well, now you are a more credible and lendable person
- 2:57that they would give money to in the event that you needed to
- 2:59borrow. The same thing is true with
- 3:01tariff revenues. It reduces our deficit and it
- 3:03makes us more lendable as an organization in a country.
- 3:06This has been the plan of this administration all along.
- 3:08The strategy is clear. Let me explain #1 strategy
- 3:12weaken the dollar because when the dollar is weak, other
- 3:14nations assets go further #2 the correlation between a weak
- 3:18dollar shows that when the dollar is weak, well, assets
- 3:21actually go into the US economy. It drives investments back into
- 3:25America. America first.
- 3:27The third prong of their strategy, remove their reliance
- 3:30on other countries and remove the reliance on older
- 3:32generations or the wealthiest to drive the majority of our tax
- 3:36revenue and the majority of our growth in our economy.
- 3:39Right now, our economy is almost totally dependent upon boomers,
- 3:42who now make up 45% of the spending.
- 3:44People 55 and older, despite being less and less numerous,
- 3:49outweighs the spending of people that are 54 and younger.
- 3:52This gap has closed by 35% over the past 25 years. 74% of all
- 3:57wealth in the United States is held by people over 55.
- 4:00This administration needs to bring wealth back to the average
- 4:02person. When you look at net savings as
- 4:04a percentage of global income, you'll see that it's going
- 4:07negative. Get it?
- 4:08For the first time since the great financial crisis and
- 4:10before that, the great financial crisis in 1928, personal savings
- 4:14rates are plummeting. The big story that's happening
- 4:16right now is the story of deflation, this technology
- 4:19advancement that's happening. It's displacing jobs, it's
- 4:22displacing people, but it's also making the country and the
- 4:25economy more efficient. What's happening is a 50 year
- 4:28rotation, a rotation from the wealthy who have over $800
- 4:32trillion of assets that need to flow somewhere and somehow into
- 4:35this $2 trillion asset class. Listen to this interview with
- 4:38Jordy Visser. He breaks down this thesis in
- 4:41great detail. He talks about how oil, which
- 4:44used to be $150.00 a barrel, is now $60.00 a barrel.
- 4:47Well, it got cheaper because of deflation.
- 4:49That's what's happening in technology and people are
- 4:51looking for scarce assets to put their money into.
- 4:53But don't let me ruin the clip. Listen to it for yourself.
- 4:57Explain how deflation drives value into scarce assets.
- 5:01So at the end of the day, the one thing that all people have,
- 5:05whether they're sitting at home or they're working on Wall
- 5:07Street, is greed. I don't care what it is like.
- 5:10You're always interested in making money and whether it's,
- 5:17I'm trying to think Norton from, from the, the, the Honeymooners,
- 5:21which is a little bit after your time, but still for the people
- 5:24out there my age right now, there's always a scheme that's
- 5:28going on. There's always some way to make
- 5:30money. Money is a driving factor in a
- 5:34lot of things. I I really do try to follow a
- 5:36Buddhist framework in my head and think about things in that
- 5:38way. And money's a delusion and
- 5:40people think it brings some happiness, but when you get
- 5:42more, you need more. So greed is just part of human
- 5:45nature and it's just part of the things that are pleasure
- 5:48seeking. So I believe there's a rotation
- 5:51that happens when you get into deflation like you're getting
- 5:54now, you avoid the things that are deflating.
- 5:58Ford has been a horrible investment.
- 6:00Europe has been a horrible investment.
- 6:02Japan has been a good investment over the course of the last 15
- 6:06years. It's been a horrible investment
- 6:08since 1992. The only thing that's worked
- 6:12that has either beaten Bitcoin or been close to Bitcoin has
- 6:16been the thing that Sam and Lynn came up with as #2 on the list.
- 6:21It's the one that Raul talks about as innovation directly to
- 6:25Bitcoin. They move together.
- 6:26So theoretically, you need to believe that the inflation, that
- 6:29we print money, the NASDAQ, and innovation goes higher.
- 6:32Well, that's over for me. Commodities have been sideways
- 6:36since, you know, 2007, even with the rally we've seen, because
- 6:39they peaked then and they went down.
- 6:41Oil was $155 when I went to China in 2000, May of 2008,
- 6:46we're down in the 60s. So there is deflation that
- 6:49happens with more innovation. It's just that we get caught in
- 6:52this thing to think, well, they print money and the stock market
- 6:55goes higher. The stock market has not gone
- 6:56higher in Brazil in local terms, sorry, in dollar terms.
- 7:01So I have this like thing of rotation in the back of my mind
- 7:05that if the Fiat system is $800 trillion and Bitcoin is $2
- 7:12trillion, which it's not right now, but let's assume we get
- 7:15back to 2 trillion, there's a rotation that'll happen.
- 7:18What'll drive it up to 50 trying to 100 trillion.
- 7:21The only thing in my mind has always been the rotation.
- 7:23The most logical answer is if everyone who owns the 800
- 7:26trillion, you took their average age in their 60s and you gave
- 7:31all that money to someone who's younger and you said, what's
- 7:33your asset allocation? You have 800 trillion in this
- 7:35bucket, You have two trillion there.
- 7:36Well, I want some money in Bitcoin.
- 7:38You'd have a rotation and this would go higher and that would
- 7:40go down eventually. That's what I believe.
- 7:42So I've said this before, I believe the world is
- 7:45deleveraging. The 800 trillion is heading back
- 7:47towards where it should be, which is monetary base of the
- 7:51world, nominal GDP of the world. Both those numbers are about
- 7:54$120 trillion. Now the question is, do we go
- 7:56from 800 to 120 trillion overnight?
- 7:58Well, that was the Great Depression.
- 7:59That's not allowed. That's what the governments are
- 8:01going to do everything they can to prevent.
- 8:04The more likely scenario is that we come down in this manner over
- 8:08the course of 20 to 50 years. What role does this mean for
- 8:11Bitcoin? What role does Bitcoin play in a
- 8:13deflationary world? Well, we'll get to that right
- 8:15after we thank our sponsors. Letting has been the leader in
- 8:17Bitcoin back alone since 2018, they've been perfecting an
- 8:20institutionally backed asset class that is the first
- 8:23institutional Bitcoin asset class rated by the SNP, saying
- 8:27that it has an outstanding credit rating.
- 8:30All this means to say is when you don't want to sell your
- 8:33Bitcoin, which you don't, you can borrow from the most safe
- 8:36and trusted vendor in the game, which is Leaden.
- 8:38They've issued over $10 billion of loans to 10s of thousands of
- 8:42customers. The Fiat gets in your account in
- 8:44less than six hours and the application takes just two
- 8:46minutes. They have over 1005 star
- 8:48customer reviews. The process is a simple, fast,
- 8:51transparent and institutional grade go to learn dot leaden dot
- 8:55AO slash simply to unlock liquidity in your Bitcoin
- 8:58without selling it. Another way that you can
- 8:59continue in your Bitcoin journey is by coming fully sovereign
- 9:02over your Bitcoin by running a node, owning your keys, managing
- 9:05them privately, confidently, safely, securely, being able to
- 9:08pass them down to future generations.
- 9:10Well, you can do that the right way by getting a coach at the
- 9:12bitcoinway.com. Schedule a free 30 minute
- 9:15meeting with their team at the bitcoinway.com/simply Bitcoin.
- 9:18The natural state of the economy is deflation.
- 9:20This massive rotation out of the stagnating real estate class,
- 9:24out of the stagnating bond market, which is $400 trillion,
- 9:27and overall there's $800 trillion in wealth.
- 9:30What you're seeing right now is deflation in practice.
- 9:33Asset prices in homes are kept. The bond market no longer has
- 9:37the return potential that it used to have, and stocks are now
- 9:40being disrupted by AI. So the market cap that used to
- 9:43go to these large companies that generated outsize returns now
- 9:47have to flow somewhere else. And when deflation happens,
- 9:49people need to put their money into a scarce, hard and
- 9:52desirable asset. But one of the things that
- 9:54happens in a deflationary world and economy is it's completely
- 9:57contrary to the economy that exists today.
- 10:00Jeff Booth talks about how the existing economy is in direct
- 10:03opposition to this deflationary economy, and something has to
- 10:06give. People need somewhere to put
- 10:08their assets, somewhere to put their hope, and somewhere to put
- 10:10their trust in. And that's why this $800
- 10:13trillion rotation is going to flow into Bitcoin.
- 10:15Listen to this clip from Jeff Booth there.
- 10:17Has to be more things, more fear, coercion, control to keep
- 10:22you more, more surveillance to keep you in that system.
- 10:27Because it's not natural. The natural state of the free
- 10:29market is deflation. We serve each other.
- 10:33Right. With that though, do you think
- 10:34they do you think they always know or do you think their
- 10:37responses are natural responses to them trying to make balance
- 10:41the books as best they can? So, so if you start again, start
- 10:45with the first principles of those two things.
- 10:47A debt based system can't allow deflation.
- 10:49Natural state of the free market is deflation.
- 10:52They're they can't ever go together.
- 10:55They're opposite systems. So this that system can't
- 10:58balance the books. No, but they try and keep that
- 11:01system going like as best they can.
- 11:03In other words. In other words, steal more from
- 11:06you. Yes, hire more people, more
- 11:10things to steal more from you. Less Less rights, higher taxes.
- 11:15How do you, how do you, how do you make that palatable for a
- 11:19population? It's two sides of that equation.
- 11:22What you have to create US versus them.
- 11:25This side has to be right against the other side.
- 11:27One side, one side moves to socialism because because that's
- 11:34that side. It is looking at all of the
- 11:37people who don't have assets and they want a piece of the pie.
- 11:41So they vote for those people that will promise them free
- 11:44money for nothing. And it expands one one side
- 11:49moves to fascism to be able to to pretend they were in a free
- 11:54market, right. But it's not a free market.
- 11:57And so and that divides society on both.
- 12:00And it's always happened. It just, you know, we, we, we
- 12:03replay the system when we go to war and then we, we start again.
- 12:08But how much do you think it's organic and how much do you
- 12:10think it's planned? There is no they right.
- 12:13That's it. That's why I start from a
- 12:15system, system, system level. It's a now there are people will
- 12:20who will find if you had a system based on theft and we
- 12:24know that system is based on theft.
- 12:26Yeah, right. Now that's a hard, harsh word
- 12:28because most people don't know that.
- 12:31But if you had a system based on theft, how could you resolve the
- 12:34conflicts in the world from a system based on theft?
- 12:37That had to work worse, that had to increasingly increase the
- 12:41amount of theft because the natural state of the free market
- 12:43is opposite. So, so it's it's unfixable from
- 12:49a system for or you could say it a different way where we are and
- 12:54with technology where we are, with how fast technology is
- 12:58moving, a debt based debt based monetary system cannot work
- 13:02without concentrating all power and very few people who tell you
- 13:06what you get. OK.
- 13:08And who are those? I had Simon Dixon in here and he
- 13:11he told me that the asset managers run the world.
- 13:14Yeah, and, and I actually like Simon, I really like Simon's
- 13:17stuff. And and so, but we look at it
- 13:19from different, different paths. I that fear of creating another,
- 13:24they removes our own ability to do something about it.
- 13:29OK, right. And and so and, and that's what
- 13:32that's what the system will, will want you to do here.
- 13:37Here's a way to, I don't know, let's let's go to your next
- 13:41question instead of the Bitcoin. Well, so I mean, is there an you
- 13:45talk about this an inevitability that this Fiat system will
- 13:48collapse? It it it's not natural.
- 13:51It's not natural, but when, yeah, when does it collapse?
- 13:55And how will we know it? We know it's collapsing.
- 13:58Is it always collapsing or is there is, is there a collapse?
- 14:02Is there a moment where you're like, OK, this is we're done?
- 14:05So, so again, it collapses when we stand up and make a collapse.
- 14:09Typically when we stand up and make a collapse is when we lose
- 14:12trust in that system because it extracts so much from us that we
- 14:16can't. And, and and that's why it
- 14:18typically that system reverts back to the same system.
- 14:23And because we go to war thinking that there's a resolve
- 14:28resets and then World War One, World War 2, the same thing
- 14:33resets through time. And then and then we build nice
- 14:35monuments to say we'll never people again, build institutions
- 14:39that end up driving in sensory enshrining theft.
- 14:45And all of those institutions are part of the next thing that
- 14:49makes it collapse. And when people start to see it,
- 14:52they start to there, there's probably no one watching your
- 14:56show right now that when if they just looked at that from our
- 14:59first principles, can't see it in them.
- 15:01They're mad, they're anxious, they're fearful.
- 15:04But but what ends up happening is if you put in, it's not you,
- 15:10it's this person, right? You can get people to bite on
- 15:14anything because you want to believe it's somebody else.
- 15:18Just remember, would you would you allow allow a monetary
- 15:22system based on debt, which is the studio, all the restaurants
- 15:26downstairs, the entire world, every banking system?
- 15:30Would you allow that from that system to allow deflation?
- 15:36And you wouldn't, right. So, so we'll finish this
- 15:40podcast, you'll go spend money in that system and think it's
- 15:44somebody else, right? And and it's us inside that
- 15:49system that that we have to opt out because there is no resolve
- 15:55from that system. But but the more we're in this,
- 15:58the more mad we'll get, right? The more the more I'm going to
- 16:02solve it. All right.
- 16:03A whole bunch of people. Well, yeah, you're the guy and
- 16:06the other person's back because they'll want to believe it's not
- 16:09them. So right now, Bitcoin has been
- 16:15looking like punch, the punch that was outcast by his family
- 16:19and his friends. But eventually, when $800
- 16:21trillion rotates out of the traditional asset classes and
- 16:25into Bitcoin, well, punch is going to look like something
- 16:27entirely different. The big story happening right
- 16:30now isn't tariffs, it's the reason behind the tariffs.
- 16:32It's that if we don't have tariffs and we don't have income
- 16:35coming in from other sources, well, we're not credible as a
- 16:37nation, as a borrower. And therefore the bond market
- 16:40will blow out, which will cause mortgage rates to go even higher
- 16:43are making housing even more unaffordable than it already is.
- 16:47Understand that the rotation out of what's desirable assets,
- 16:50bonds and real estate and gold and other things are going to
- 16:53flow into a $2 trillion asset class.
- 16:55This is the big story. Don't miss the forest from the
- 16:58trees. This is down to cook with
- 16:59Bitcoin simply. And if you get value from this,
- 17:02do share this video and subscribe.
- 17:04And if you want to go further in your Bitcoin journey, get hooked
- 17:06up with our friends at SAS Mining.
- 17:07They'll sort out all of the stuff that you don't want to do
- 17:10when it comes to mining Bitcoin, finding a machine, sourcing the
- 17:13power or negotiating the contracts, repairing the
- 17:16machines, making sure they're up, connecting your wallet.
- 17:18What you do is connect with their team and they'll handle
- 17:20the rest for you. Use the QR code to get started
- 17:23with SAS mining today. This is Dante Coco Bitcoin
- 17:25simply happy stacking.