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IMF Backflip CONFIRMS This Cycle is Different? | Simply Originals · Simply Bitcoin

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  Bitcoin's biggest hater just made a 180° backflip and
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  admitted that Bitcoin is pristine collateral.
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  That's right, we're talking about the economic hitman at the
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  $932 billion monstrous institution, the IMF.
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  They've officially bent the knee to Bitcoin after attacking
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  Bitcoin country only last month. But the IMF isn't the only one.
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  The two largest mortgage insurers in the US, Fannie Mae
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  and Freddie Mac, just got forced to accept Bitcoin is a down
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  payment for a mortgage. You are not going to believe
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  what I've got in store for you guys today.
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  Like I said, you're not going to believe this.
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  And no, I'm not jocking your pull strap.
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  The IMF just basically admitted that Bitcoin is pristine
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  collateral. The bullishness of this cannot
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  be understated. That's right, the economic
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  hitman at the IMF now classify Bitcoin as a capital asset
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  categorized as a non produced non financial asset like land or
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  gold. They even cited Bitcoins
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  decentralized nature and lack of issuer distinct from stable
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  coins which are treated as financial instruments.
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  And not only has the IMF bent the knee, but so has Fannie Mae
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  and Freddie Mac breaking. After significant studying and
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  in keeping with President Trump's vision to make the
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  United States the quote crypto capital of the world today, I
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  ordered the great Fannie Mae and Freddie Mac to prepare their
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  businesses to mount cryptocurrency as an asset for a
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  mortgage. So ordered.
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  This is Bitcoin going absolutely mainstream and being ingrained
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  into to the financial system. It was foretold and not by this.
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  That's right, it was foretold by friend of the program CJ
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  Constantinos. But yeah, it's always built
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  around Bitcoin as pristine collateral.
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  And and you know, a lot of people ask me like, why do you
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  call it pristine collateral, CJ? Well, when you look back at
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  where we came from and you go way back even to the free
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  banking error where gold was that collateral, it was
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  literally the collateral asset backing the paper liabilities
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  circulating in the economy. Gold was not that good of a
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  collateral. But then when it came to
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  settlement, when it came to security, bringing it across,
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  sometimes it would cost more to settle and secure the gold than
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  it would to borrow against it and the interest that you are
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  borrowing. So it was a bag collateral.
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  And these cash equivalents, these U.S.
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  Treasury billed note and bonds and other types of of paper debt
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  became a much easier form of settlement because it was all
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  about a centralized system. Parties trust each other within
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  that system. So here comes a long Bitcoin and
• 2:42
  we get the best of both worlds. We upgrade the hardness of gold
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  to absolute digital scarcity and then we upgrade this t + 2 T
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  plus 3 settlement system that we see with cash equivalents to 10
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  minute block times and transaction finality.
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  So you literally get the best of both gold and U.S.
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  Treasuries into this hybrid collateral, which qualifies it
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  in my opinion as a pristine collateral. 24/7, 365 liquid
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  asset that can be that can be defaulted on within 10 minutes,
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  the 100% recovery rate and a 10 minute return time.
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  No other collateral in the world offers that.
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  And that's what makes Bitcoin and pristine collateral.
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  And that's why we call our products Bitcoin powered
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  finance, because without Bitcoin it's just regular finance now.
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  Let's get to our next major bullish item.
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  The Fed has officially been exposed and a replacement is
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  coming. To the to the to the Fed board.
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  Meet Harrell. He's no he's a principal
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  economist working inside the Federal Reserve.
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  So you write speeches. For.
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  Power. Yeah.
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  Like for when, you know, certain paragraphs.
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  I'm just really worried that I'm saying stuff like stuff that's
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  classified. Do you deal with classified
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  stuff? It's all classified.
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  Right quote, it's all classified.
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  It's all classified. Trump is.
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  It's a crazy person. It's very clear.
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  I mean he's dumb guy like. The CK Trump like is the feeling
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  neutral? Of course.
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  OK. Yeah, and Trump was president.
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  He wanted to stimulate the economy.
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  Right. But he wouldn't do it.
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  And he started raising interest rates, doing the opposite that
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  Trump wanted. So, I mean, so the feeling is
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  this, that like we don't want Trump to be in the queen
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  government. Arrell, he's MO principal
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  economist for the Federal Reserve, says Jerome Powell
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  wants to go down in history as someone who, quote, held the
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  line against Donald Trump, UN quote.
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  Isn't he for the legacy seems to be remembered in history as
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  like, as somebody who held the line, like like Trump and.
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  Like somebody who? Like helped the economy.
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  So he wants to preserve his legacy as someone, even though
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  he's a Republican on papers. Yeah, Democrats don't want him.
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  Yeah, because he's responsive. I mean, like, like under under
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  Powell, the Fed has changed to think about equity issues, like
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  racial issues, think about wealth inequality as part of the
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  mandate, as part of the issue we're following, think about
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  climate change. Around his vote says quote,
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  people think conservatives are dumb and that the quote Federal
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  Reserve would discriminate against those conservatives
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  depending on how out there they are.
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  People think they're dumb like. Would they be like discriminated
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  against? And it depends on like how like
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  out there they are. Oh, and look at who that post
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  came from. Pulte, yes, the head of Federal
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  Housing. Our guy who is giving mortgages
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  a Bitcoin makeover. You can't make this stuff up.
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  The end of the Fed, Maybe nigh, my friends.
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  Because Trump considers naming next Fed chair early in bid to
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  undermine Powell. President Donald Trump
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  reportedly is considering announcing A successor to
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  Federal Reserve Chair Jerome Powell early due to his
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  frustration with the central bank's slow approach to cutting
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  interest rates. And citing people familiar with
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  the matter, The Wall Street Journal reported that Trump
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  could announce Powell's successor by September or
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  October, one of the people said. A move to replace Powell, whose
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  term ends in May 2026, could happen sometime this summer, the
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  Journal added. The report also said Trump is
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  considering former Fed Governor Kevin Walsh and National
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  Economic Council Director Kevin Hassett, while Treasury
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  Secretary Scott Besant is being pitched to him by allies of both
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  men as a potential candidate. Also being considered a former
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  World Bank president David Malpass and Fed Governor
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  Christopher Waller. And here is Trump dunking on the
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  Fed chair yet again. You were criticizing the Federal
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  Reserve chair before coming to the summit.
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  I think he's terrible. I was wondering if you've begun
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  interviewing different candidates for the Fed pick?
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  Yeah, I I know within three or four people who are going to
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  pick. I mean, he goes out pretty soon,
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  fortunately, because I think he's terrible.
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  We have no inflation. We have a tremendous economy.
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  Hundreds of billions of dollars of tariff money is pouring in.
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  Factories are being built because they don't want to pay
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  the tariffs. So they're building them all
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  over the country. I think we're close to $15
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  trillion. I told you, 5.1 trillion from
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  the Middle East alone, but of investment money coming in.
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  There's never been anything like that in the history of our
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  country. But we have no inflation and we
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  have borrowing because Biden stupidly, they did short term
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  debt. So we have borrowing coming up.
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  And you know, we'll go 10 years, maybe longer, maybe shorter, but
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  we'll go a long period of time when we do the debt.
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  And because of him, because of this guy, we will have to pay
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  for years. We'll be paying for him.
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  And I said to him, listen, there's no inflation.
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  He says, but maybe there'll be some.
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  That's true. I said if there is some, what
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  you do is raise the rate. I'm OK with that.
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  You raise the rate in two years from now or a year from now, but
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  because the rate's high, we have to pay more for debt.
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  It's pretty equal. In other words, if it's 4%, it's
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  4%. If you drop at a point, you'll
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  pay 3%. So it's fairly equal.
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  Not necessarily, but fairly equal.
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  So we're going to end up paying maybe 2 points or three points
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  more. Three points would be about $900
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  billion a year because of this very average mentally person.
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  He's an average mentally person. I'd say low in terms of what he
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  does, low, low IQ for what he does.
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  OK, right. So unsaid.
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  Instead of paying $900 billion, we don't want to pay 900 just
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  because he doesn't want to lower the rate.
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  I said if there's inflation in two years or three years or one
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  year from now, you raise the rate, you take care of the
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  inflation, among other things. But he's probably a very
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  political guy, I guess. I don't know.
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  I think he's a very stupid person, actually.
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  There is growing momentum and a push behind Treasury Secretary
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  Scott Besant. And this is massive because
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  Besant has dunked on the IMF and did so pretty recently. 1st, we
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  must make the IMF the IMF again. The IMF mission is to promote
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  International Monetary cooperation, facilitate the
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  balanced growth of international trade, encourage economic
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  growth, and discourage harmful policies like competitive
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  exchange rate depreciation. These are crucially important
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  functions to support the US and global economies.
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  Instead, the IMF has suffered from mission creep.
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  The IMF was once unwavering in its mission of promoting global
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  monetary cooperation and financial stability.
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  Now it devotes disproportionate time and resources to work on
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  climate change, gender, and social issues.
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  These issues are not the IMF mission, and the IMF focus in
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  these areas is crowding out its work on critical macroeconomic
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  issues. The IMF must be a brutal truth
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  teller, and not just to some members today.
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  IMF. The IMF has been whistling past
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  the graveyard. It's 2024 external sector report
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  was entitled and balances receding.
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  This Pollyanna outlook is symptomatic of an institution
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  more dedicated to preserving the status quo than answering the
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  hard questions. And as you saw earlier today, it
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  looks like the IMF is bending the knee and their tone around
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  Bitcoin has massively shifted. Did you know Besant also has
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  ambitions to be part of the New Bretton Woods, or should we say
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  Mar a Lago Accords? Check this out.
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  Of the Bretton Woods institutions.
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  Yet everywhere we look across the international system today,
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  we see imbalance. The good news?
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  It doesn't have to be this way. My goal this morning is to
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  outline a blueprint to restore equilibrium to the global
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  financial system and the institutions designed to uphold
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  it. I think as an economic historian
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  and someone who's been in markets for 40 years, you know,
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  I actually think I'm starting to look like it now.
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  It is, you know, I think we're also at A, at a unique moment
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  geopolitically. And I, I could see in the next
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  few years that we are going to have to have some kind of a
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  grand global economic reordering.
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  There's something on the equivalent of a new Bretton
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  Woods or if you want to go back like a, a treat something back
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  to the steel agreement. So the Treaty Versailles, you
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  know, there's a very good chance that we are going to have to
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  have that over the next four years and I'd like to be a part
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  of it. I've studied this.
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  I think it's a unique skill set. Speaking of Bretton Woods, did
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  you guys know the home of the Bretton Woods agreements?
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  New Hampshire is also the first state to embrace a strategic
• 12:26
  Bitcoin reserve. Do you believe in coincidences?
• 12:29
  We're about to bring it home, but before we do, look at our
• 12:32
  likes 3 or 4 times. Maybe I'll pump those numbers
• 12:35
  up. Those are rookie numbers in this
• 12:36
  racket. Don't forget to like, subscribe
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  and give us a PAMP while we take a moment to recognize our
• 12:40
  friends powering this show over at The Bitcoin Way.
• 12:43
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• 12:47
  the exchanges. Don't want your generational
• 12:49
  wealth confiscated, hacked or stolen?
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• 12:54
  4th Amendment freedoms? Head over to the Bitcoin Way
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  today and join the peaceful revolution.
• 12:59
  You can schedule a free 30 minute consultation today using
• 13:02
  that link in the show notes. You guys ever get sick of trying
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  to talk to normies who just want to watch Oprah and shove Doritos
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• 13:32
  It's. In July, in a couple of months
• 13:35
  that Bretton Woods is celebrating in 81 years.
• 13:38
  This is right at the end of the fourth journey and Bretton Woods
• 13:43
  took part in New Hampshire. New Hampshire is the first state
• 13:48
  that have now signed a Bitcoin strategic reserve act.
• 13:53
  And I don't think that there are coincidences in life.
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  I think what we are seeing right now is the next Bretton Woods,
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  the Bretton Woods 2.0. You know, the fact that it's
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  starting in New Hampshire is really symbolic, but the fact
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  that back then Bretton Woods was supposed to be the solution in a
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  new world order after the world wars that the world experience.
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  And these days, what are we experiencing again?
• 14:22
  Wars, turbulence, crises. We're at that end of the fourth
• 14:26
  turning. So we are looking at creating a
• 14:29
  new world order again and to be more precise, a new monetary
• 14:33
  system that is really the oxygen of how the world works.
• 14:38
  And so we're at that beginning of that process.
• 14:41
  I don't know if the beginning, maybe the middle.
• 14:43
  I think by the end of the decade, we're going to see a new
• 14:47
  monetary order in place. The next few years are going to
• 14:50
  be critical. We're going to talk about that
• 14:52
  more in the panel. We are living through history
• 14:56
  right now, just like Bretton Woods 81 years ago in New
• 14:59
  Hampshire. Back then, the world built a new
• 15:02
  monetary order out of the ashes of war, and now the same state
• 15:07
  was the first to announce a Bitcoin reserve.
• 15:09
  The old system is collapsing. The UN says build back better,
• 15:14
  but there is only one system actually strong enough to carry
• 15:18
  the future. It's like the sword of Damocles.
• 15:21
  And that's the ultimate freedom technology, Bitcoin.
• 15:27
  I. See.
• 15:54
  Scenario queso sector privado El El derro soon invention de
• 16:06
  sector privado problemas coincidencia El lino El trigo Y
• 16:18
  Amor LaSalle ven E salario de La La supersticion de sisse Kaye
• 16:22
  LaSalle La Mesa Y ESO evolutiono if la moneda que le hero Los
• 16:27
  ajede que fueron Los individual Heron La Plata para transaction
• 16:31
  ET chicas elora para transaction ET grandes Y ESO de que ESO MI
• 16:56
  cuatro querenti cinco de Amos de contratter you compete contratos
• 17:15
  E que lo interesante que la huelta sector privado prolema E
• 17:21
  prolema E que Los estados no TE vana quer ES El curso forsoso
• 17:27
  porque El curso forsoso de tafan cor El important inflacionario
• 17:30
  entonces El vidcones la reaction natural frentia le tafa que solo
• 17:36
  van go centrales E que dinero buenas en privado.
• 17:45
  So. Know about you guys, but man it
• 17:59
  is a beautiful day to the state and if it isn't obvious and I'm
• 18:04
  sorry for taking in your cornflakes, Bitcoin is going
• 18:08
  much higher. But if you want to go down with
• 18:10
  the ship, well, you know I can tell you where you'll find like
• 18:14
  minded people not going down with the ship.
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  don't forget to use promo code simply Bitcoin for 20% off.
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  Are you tired of winning? Well, that's too bad because we
• 18:44
  got to go to Valhalla. Hey, hope you guys enjoyed this
• 18:47
  one. Don't forget to lag, subscribe
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  and give us a PAMP and set those notifications for the best in
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  And remember, if you're not foolish, you're foolish.
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  Catch y'all next time. Love a guess?
• 18:59
  If you. Prefer to go.
• 19:00
  Down with the. Ship.