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DOLLAR ENDGAME: How the Iran War Destroyed the System It Was Trying to Save | Simply Originals · Simply Bitcoin

• 0:00
  Breaking the Iran war and the Hormuz blockade did not come out
• 0:04
  of nowhere. The dollar was already on life
• 0:07
  support. This may have been a desperate
• 0:10
  Petro dollar play. Control the choke point.
• 0:12
  Force oil to continue in dollars, reinvigorate the
• 0:16
  reserve currency. It backfired spectacularly.
• 0:20
  And This is why this might be the event that actually begins
• 0:24
  the dollar's end game. This morning as we are recording
• 0:28
  this the United States military, it began its blockade of the
• 0:31
  Strait of Hormuz not threatened to not warned about.
• 0:34
  It began 10:00 AM Eastern Time. Oil is back above 100 bucks a
• 0:40
  barrel. US Iran peace talks collapsed
• 0:43
  over the weekend. Bitcoin wrecked, sitting at 71
• 0:46
  K, down about 3%, and the dollar is up.
• 0:51
  The dollar is actually up today, and Wall Street is calling that
• 0:55
  good news. I want to talk to you about why
• 0:57
  that is not good news. I want to talk about why
• 1:00
  everything you're seeing right now, the war, the blockade, the
• 1:04
  oil price, the dollar strength is actually the story of an
• 1:07
  empire performing CPR on a currency that has been dying for
• 1:12
  years. And why the thing they used to
• 1:16
  try to save the dollar may have just destroyed it.
• 1:20
  Welcome to simply Bitcoin. I'm Ruston.
• 1:22
  Big show today. Let's get to it.
• 1:24
  Send it. When this war started, something
• 1:31
  felt off. And I don't mean strategically
• 1:33
  off. I mean narrative off.
• 1:35
  The stated reason, Iran's nuclear program that's been
• 1:39
  there for decades, the sanctions, the standoffs, the
• 1:42
  brinksmanship. We've seen it all before.
• 1:44
  And yet something about the timing, the abruptness, felt
• 1:48
  completely disconnected from the surface level story.
• 1:52
  Most people couldn't put their fingers on it now.
• 1:54
  Want to be real? Even in our community, the
• 1:56
  discourse defaulted to the familiar Geo political chess,
• 2:00
  regime change, nuclear deterrence, the stuff that feels
• 2:04
  like an explanation. Now before I take you through
• 2:07
  today's thesis, I want you to think like Simon Dixon and ask
• 2:10
  yourself this simple question. Who actually benefits?
• 2:14
  Not who says they benefit, not who the media says benefits.
• 2:18
  Follow the money all the way down.
• 2:20
  And when you do that, when you trace the actual capital flows,
• 2:24
  the actual beneficiaries, the actual power dynamics, a
• 2:28
  completely different picture emerges.
• 2:30
  We are not watching a Middle East conflict.
• 2:33
  We're watching the financial system fighting for its life,
• 2:36
  using the military as its instrument.
• 2:39
  And that changes everything about how we should be
• 2:42
  interpreting every single headline you're reading this
• 2:45
  morning. Let's establish the baseline
• 2:48
  because this is where the story actually starts.
• 2:52
  Right now, the US dollar represents 46% of global foreign
• 2:56
  exchange and gold reserves 46. That is the lowest level in at
• 3:00
  least 26 years, and it has been a structural decline for 2 1/2
• 3:05
  decades. In the year 2000, the dollar
• 3:08
  dominated global reserves. By 2026 that that dominance has
• 3:12
  been cut in half, and this is not my opinion, this is IMF
• 3:17
  data. At the same time, the United
• 3:20
  States government needs to refinance $10 trillion of debt
• 3:23
  in the next 12 months. 10 trillion maturing while oil is
• 3:29
  at 100 bucks a barrel. While Treasury yields are back
• 3:32
  above 4.4% on the 10 year. While the Pentagon is asking
• 3:36
  Congress for a $200 billion war supplemental miss every shot you
• 3:41
  don't take or something, right? While gasoline inflation is
• 3:44
  running at 21.2% annually as of March 2026 CPI data.
• 3:49
  That is the situation and here's why it matters for the war, the
• 3:54
  petrodollar system, the architecture Henry Kissinger
• 3:57
  built in 1974 when he cut the deal with Saudi Arabia.
• 4:00
  We talked about this last time. It is the load bearing wall of
• 4:04
  American financial hegemony. The deal was elegant and brutal.
• 4:09
  You price your oil in dollars. We protect you militarily.
• 4:13
  The world needs oil. The world needs dollars.
• 4:15
  Dollar demand is guaranteed. American debts get absorbed
• 4:19
  globally. The machine runs forever, or so
• 4:22
  we thought. Because except the the machine
• 4:25
  requires something the world must choose to press oil and
• 4:29
  dollars. That choice can be unmade.
• 4:31
  And as the dollar's share of global reserves has fallen from
• 4:34
  over 70% to 46%, that is the existential threat.
• 4:39
  And that is what you have to understand to understand what's
• 4:43
  happening in this war. So look, this is definitely the
• 4:47
  big one. So there's obviously we've
• 4:52
  talked about this proof of weapons network.
• 4:54
  You have a financial industrial complex that profits from
• 4:58
  financing wars and then rebuilding.
• 5:01
  You have a military industrial complex that profits from both
• 5:04
  war and defense. And then you have a technical
• 5:08
  industrial complex which is currently using algorithms as
• 5:11
  like a new media and new day to play in order to, you know,
• 5:16
  build out our police and surveillance state.
• 5:19
  And I call that a proof of weapons network in previous
• 5:21
  episodes because Bitcoin proof of work is the resistance
• 5:25
  against it. Firstly, you talked about we've
• 5:28
  got this big geopolitical transition that I've been
• 5:31
  talking about for years that other people believe is
• 5:33
  happening, which is this transition to a multipolar
• 5:36
  world. Versus FIC Military industrial
• 5:39
  Complex versus Financial Industrial complex 2 Entirely
• 5:43
  different factions with different incentive structures,
• 5:47
  both operating through the same U.S. government and increasingly
• 5:51
  pulling it in opposite directions.
• 5:54
  Simon's argument, and it's meticulous, is that the
• 5:57
  financial industrial complex is not interested in perpetual war.
• 6:01
  The FIC wants regional stability.
• 6:03
  They want to build. Think about who's in the camp.
• 6:06
  That's asset managers, sovereign wealth funds from the Gulf, the
• 6:09
  architects of the Build Back Better reconstruction economy
• 6:13
  that follows any major conflict. For them, peace is profitable.
• 6:17
  War is friction. The military industrial complex,
• 6:21
  they need the conflict. Like Lindsey Graham.
• 6:24
  You got to inject it in his veins or he starts foaming at
• 6:27
  the mouth. But depleted missile stockpiles,
• 6:30
  congressional supplementals, Raytheon contracts.
• 6:32
  Every Tomahawk that gets fired is a Tomahawk that has to be
• 6:35
  replaced at roughly 2 million a unit.
• 6:38
  Unit. Here's the wrinkle that Simon
• 6:41
  layers in, and I want you to hear it in his words.
• 6:44
  Because if you think this is about, you know, religion, if
• 6:48
  you think this is about a nuclear program for the last 40
• 6:52
  years we've been told is 2 weeks away, this is about energy.
• 6:56
  And it's always been about energy because whoever controls
• 6:59
  the energy and the flow of that energy, IE the ports, controls
• 7:03
  power in their region, in their hemisphere.
• 7:07
  And so that's kind of like the the entire backdrop to to help
• 7:11
  you analyze and understand this. Energy, not religion, not
• 7:15
  nuclear. Deterrence.
• 7:16
  Not democracy, but democracy, energy, and specifically the
• 7:20
  pricing of energy. Because here's the thing, most
• 7:23
  people have missed it. It is not enough to control
• 7:27
  energy production. You have to control the currency
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  in which energy is denominated. What was that thing, Meyer?
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  I'm chill, Rothschild said. I care not who writes the laws.
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  Let me control the nation's currency.
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  Well, you. That's it.
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  That's it in action. That is the Petro dollar
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  mechanism. That is the entire game.
• 7:44
  If oil is priced in dollars, the world needs dollars.
• 7:47
  If oil is priced in yuan, the world needs yuan.
• 7:49
  If tolls are paid in Bitcoin, you need Bitcoin.
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  That single variable, the invoice currency on a barrel of
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  crude, is worth more to the United States government than
• 7:59
  any treaty, any tariff, any sanction regime, because it
• 8:05
  determines global demand for the dollar itself.
• 8:08
  And it's being challenged directly in real time today.
• 8:12
  Now, here is the thesis of today's show.
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  And I want to be clear. This is me connecting some dots
• 8:18
  kind of artistically low on the spectrum.
• 8:21
  But this is the framework, not a government memo.
• 8:23
  But when you follow the money the way Simon Dixon taught us,
• 8:26
  the dots connect. Even for the differently abled
• 8:30
  like myself. the United States is sitting on massive proven oil
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  and gas reserves, the Permian Basin, offshore reserves, LNG
• 8:38
  export capacity that has been scaling rapidly.
• 8:41
  America is quietly structurally positioning to be a major energy
• 8:47
  exporter. Not just a consumer, an
• 8:49
  exporter. Now, if you're a declining
• 8:51
  empire whose reserve currency is under existential pressure and
• 8:56
  you happen to be positioned as a major oil exporter, the math on
• 8:59
  the Petro dollar looks very different than it did in 1974.
• 9:04
  Because in 1974, America needed OPEC to price in dollars so that
• 9:09
  Opec's buyers would demand dollars.
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  But what if America could become the swing producer?
• 9:15
  What if the oil flowing through global trade routes was
• 9:18
  increasingly American oil priced in American dollars?
• 9:22
  The Strait of Hormuz controls 20% of the world's daily oil
• 9:26
  supply. Every barrel that passes through
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  that Strait, Iranian, Saudi, Emirati, Kuwaiti, passes through
• 9:31
  that choke point. If you control the choke point,
• 9:34
  you control the conversation about how those barrels get
• 9:37
  priced. Is that why they don't seem to
• 9:39
  care about oil at 100 bucks, about your cost of living going
• 9:43
  up? Because if the plan is to be the
• 9:46
  world's swing energy exporter, high oil prices are good for you
• 9:50
  because you're going to be the one collecting well, the the
• 9:53
  state is. That is a rational, ruthless
• 9:56
  petrodollar survival. Play control Hormuz force oil
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  pricing back to dollars, re establish global dollar demand
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  by the dying empire another 20 years.
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  Except something went wrong. Something went very, very wrong.
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  Iran looked at the situation and said fine, you want to play
• 10:15
  choke point games. Iran is now today, as we record
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  this, reportedly offering to allow tankers through the
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  straight on one condition. The oil must be priced in
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  Chinese. You won, not dollars.
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  You won. That is not just a negotiating
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  tactic, by the way. That is the Petro dollar
• 10:34
  receiving a wound that doesn't close very easily.
• 10:38
  Not to mention the Bitcoin toll booth.
• 10:40
  So brilliant. If you watch our last episode,
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  the orange man thought it was such a brilliant idea that first
• 10:45
  offered a joint venture, then he attacked the idea, then decided
• 10:49
  to set up their own blockade and toll.
• 10:50
  Iran's blockade and toll. And remember what I told you
• 10:54
  last week? Pay the toll or get blown up.
• 10:56
  Well, they did it apparently. And yeah, if this all seems
• 10:59
  insane, I think it's supposed to.
• 11:02
  Markets are very slow to supposedly discount news, but
• 11:05
  when they catch up they move violently, either up or down
• 11:08
  depending on the news, and my expectation is that the markets
• 11:12
  have not even come close to incorporating what's actually
• 11:16
  going on. Markets have not even come close
• 11:19
  to incorporating what's actually going on.
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  Wall Street analysts have been predicting this war ends in two
• 11:24
  to three weeks since week one. We are well beyond that, Jerry.
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  And the street is being blockaded today.
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  The energy deliveries that were already in transit from before
• 11:35
  hostilities began have now arrived.
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  There is nothing in transit to replace them.
• 11:40
  Richard said something else I think you need to hear.
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  There were a lot of vessels underway outside the Persian
• 11:47
  Gulf when the war started. If you're going from the Persian
• 11:51
  Gulf to South Korea, that takes two or three weeks to get there.
• 11:55
  So there's been a there was a lot of energy in transit outside
• 12:00
  the Persian Gulf heading to Japan, South Korea and China and
• 12:03
  other locations that kept arriving after the war started.
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  Now there was nothing behind it. So we're just now, just now at
• 12:11
  the point where the last shipments have been unloaded.
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  The reserves, whatever they may be, are full.
• 12:17
  And only now, not the end of February, but today is when they
• 12:21
  actually run out of new energy because nothing has left the
• 12:24
  Gulf since then. So that chain, if you will, of
• 12:29
  vessels on the way, the last one has arrived and unloaded.
• 12:32
  There's nothing behind it now. You're going to start to use up
• 12:35
  your reserves and you won't have anything left.
• 12:37
  You're getting closer to turning out the license.
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  South Korea and Japan and large segments of the economy.
• 12:44
  I I promise you the market has not discounted that.
• 12:47
  So there's just so much. Even if even if we had peace,
• 12:51
  love and understanding in the Persian Gulf, which I don't see
• 12:54
  happening, but let's just say it did the damage that's already
• 12:57
  been done and the disruption that's already occurred is going
• 13:00
  to power this inflation. We're going to get inflation.
• 13:03
  They're all different. It's all different causes of
• 13:07
  inflation. It can be driven by velocity and
• 13:10
  the quantity theory money, but in this case it's being driven
• 13:13
  by supply disruption. But So what it's the price is
• 13:16
  going up and it's going to stay there.
• 13:18
  South Korea, Japan, Taiwan, these nations import essentially
• 13:22
  all of their energy, a significant portion of that
• 13:26
  through Hormuz. When those last pre war
• 13:29
  deliveries run out, nothing comes.
• 13:32
  And these are not small economies.
• 13:34
  These are manufacturing hubs of the world.
• 13:36
  This is where your semiconductors come from, your
• 13:39
  vehicles, your electronics. The markets aren't pricing a
• 13:43
  scenario where the lights literally start going out in
• 13:47
  East Asian manufacturing. But Rickards is, and he said
• 13:51
  something I want to add to this. He said the cure for high oil
• 13:54
  prices, unfortunately, is high oil prices because eventually
• 13:58
  you get a recession, A recession so severe that demand collapses.
• 14:02
  But this time he thinks you get something worse than a
• 14:05
  recession. He called it, quote, a global
• 14:07
  monetary collapse and a global depression.
• 14:10
  Probably nothing. And by late summer or fall of
• 14:13
  this year. The the most recent numbers, so
• 14:16
  it so it's early April, we're just now going to get some March
• 14:19
  data coming from different government agencies and that
• 14:23
  that's going to start to pick up the inflation.
• 14:25
  But that's going to get worse when we get to early May and we
• 14:28
  get the April data, it's going to be up, you know, probably
• 14:32
  double digits or higher. Now the the question is, does
• 14:36
  that stick and get, well, the price level sticks.
• 14:39
  That's the thing. Even if inflation goes down, it
• 14:42
  doesn't mean isn't going down. You're at, you're at a
• 14:44
  permanently higher plateau. You, it may go up at a slower
• 14:48
  pace, but still going up cumulatively over what we've
• 14:51
  already experienced #1 #2 that might not slow down anytime
• 14:55
  soon. But the bigger question, I think
• 14:58
  the one you're getting at is OK, but does it turn into
• 15:01
  hyperinflation? Does it go to 20% or 25%,
• 15:05
  etcetera? That's more the answer is
• 15:08
  probably not, but something worse will happen, which is
• 15:12
  global monetary collapse in a global depression, that which is
• 15:17
  what happened in the Great Depression.
• 15:18
  In other words, they, they, there's, I don't like cliches,
• 15:22
  but sometimes they work. The, the saying is that the cure
• 15:25
  for high oil prices is high oil prices.
• 15:28
  You know, when the price gets up, everything else slows down,
• 15:31
  unemployment goes up, GDP growth crashes, stock markets crash,
• 15:35
  and then the price of oil comes way down again.
• 15:37
  But So what? Okay, great.
• 15:39
  The price of oil is way down. Everyone's unemployed.
• 15:42
  You don't even need gasoline if you're if you're if you're if
• 15:45
  you're out of a job. A quick word from our partners
• 15:48
  at Leaden because everything we're talking about today is
• 15:50
  exactly why you may need liquidity in the future and you
• 15:53
  do not want to sell your Bitcoin.
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  the rates they're offering right now.
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  There's nowhere else else I'd trust to use Bitcoin as
• 16:12
  collateral while the dollar is at 46% of global reserves and
• 16:16
  the bond market is losing its mind.
• 16:18
  Leaden is one of the places where Bitcoin denominated
• 16:21
  financial services actually makes sense.
• 16:23
  Check them out by scanning the QR or clicking that link in the
• 16:27
  description. OK, Len Alden and Luke Groman,
• 16:29
  and if you're not following these two, you should be.
• 16:32
  They put an episode out last week and the thing they focused
• 16:34
  on mostly that people are missing, it's not about the oil
• 16:38
  prices, it's about the treasury market.
• 16:41
  I mean, all of it. Stable coins to create demand
• 16:44
  because the demand is erasing Hormuz, forcing people to buy
• 16:48
  oil and like, like coercing because there is no organic
• 16:52
  demand. Here's what I mean.
• 16:54
  The dollar doesn't just derive its power from oil.
• 16:56
  It derives its power from U.S. Treasury bonds, which the entire
• 17:00
  world holds as the ultimate quote, safe haven reserve asset.
• 17:04
  That system depends on global confidence. the US Treasuries
• 17:08
  are safe, liquid, and will be honored.
• 17:10
  Right now, that confidence is cracking like crazy.
• 17:14
  It's spreading. The 10 year Treasury yield is
• 17:16
  shot above 4.4%. The MOVE index, the bond markets
• 17:20
  volatility meter has spiked to what RSM chief economist called
• 17:23
  levels consistent with price instability and policy
• 17:27
  dysfunction. Treasury auctions in the last
• 17:29
  week showed weak demand across 2 year five year seven-year notes.
• 17:33
  And here's the killer detail from Fortune. the US has 10
• 17:36
  trillion in debt maturing in the next 12 months that must be
• 17:41
  refinanced at whatever rate the market will accept, which is now
• 17:44
  higher because war. Len Alden's core thesis, and in
• 17:48
  This is What I Want You to remember, is that Iran doesn't
• 17:51
  need to beat the US military. Iran just needs to wait.
• 17:55
  Because every week this continues, the US has to borrow
• 17:58
  more market that is increasingly demanding more yield to hold US
• 18:03
  paper in an environment where the war itself is driving the
• 18:07
  inflation that makes those yields inadequate.
• 18:10
  No, I think, I think what Lynn said is right, which is and, and
• 18:12
  it's, and that's, I think it's real important that this is the,
• 18:16
  it's that second derivative that so many people are not watching,
• 18:19
  which is all of this is happening at a time where
• 18:22
  through the 1st 5 months of fiscal 2026 for the US
• 18:26
  government, they were already at 100 / 100% of receipts just on
• 18:32
  interest expense and entitlements.
• 18:34
  So we, we literally need to print money basically to, to
• 18:38
  cover interest and entitlements through the 1st 5 months of the
• 18:41
  year. Now it's there's, there's some
• 18:42
  seasonality that of course with April 15th taxes.
• 18:46
  So you know, we're going to get that bump back below 100%.
• 18:49
  Are we better? I, I, but I think we're, I think
• 18:52
  we will. But the point here is, is that
• 18:55
  we're in a position whether it's 95% or 100% hundred 5% doesn't
• 19:00
  really matter. You have a recession, a
• 19:04
  deflation, a recession in receipts, which you will if this
• 19:08
  goes on long enough, they for exactly what Lynn said, right?
• 19:10
  You're going to see, you know, you're going to see funds, you
• 19:13
  know, the inflation of energy and food is going to cause
• 19:16
  deflation and other things. And then you're going to get a
• 19:19
  decline in receipts. You get a decline in receipts
• 19:22
  and now you're into a, you know, the, the sort of debt death
• 19:27
  spiral dynamic that we saw during COVID where it gets 105
• 19:30
  hundred, 10115% of receipts. And you have a decision in the
• 19:34
  United States of America and everywhere else, which is, you
• 19:37
  know, US is one of the biggest debtor.
• 19:38
  So it's going to start, you know, probably here or Japan.
• 19:43
  But what do you want to do? Do you want to default on
• 19:46
  entitlements? Do you want to default on
• 19:49
  treasuries or do you want to print the money to pay the
• 19:51
  interest and to pay the entitlements?
• 19:54
  And that's what we're looking at.
• 19:56
  And that's where you end up with this big.
• 19:57
  Prince, I think because they're already providing some liquidity
• 20:00
  so far we're not really seeing usage of the Feds repo facility.
• 20:03
  We're not really seeing credit like swap lines being used, but
• 20:08
  those are, you know, I would monitor those to see signs that
• 20:11
  that that's heating up. So far it's not.
• 20:13
  But if this goes on long enough, they they certainly could.
• 20:17
  And then to Luke's point, the other mechanism is, is treasury
• 20:19
  buybacks now duration neutral treasury buybacks?
• 20:24
  Are not, you know, they, they're more a very minor liquidity
• 20:28
  boost. You're basically if you're, if
• 20:29
  say hypothetically you're issuing 5 year notes on the run
• 20:33
  five year notes and you're buying back off the run five
• 20:36
  year notes. It's not, it's not great optics,
• 20:38
  but you're basically you're it, it's a quantity neutral
• 20:42
  liquidity boost to the treasury market.
• 20:45
  But yeah, if you're buying, you know, 5 and 10 year notes and
• 20:48
  you're issuing T-bills to do it, you're reducing total duration
• 20:52
  in the market. You're basically doing the the
• 20:55
  emerging market playbook where nobody wants to buy a long term
• 20:59
  debt. So you have to issue more of it
• 21:00
  on the short term. That that has other facts.
• 21:03
  That's part of the reason why the Treasury general accounts so
• 21:05
  big is because they've got to roll over these T-bills so, so
• 21:09
  frequently. And, and so that I mean, that
• 21:13
  has effects. And, and so if you, if you
• 21:15
  reduce and, and, and it's funny because of course percent was
• 21:18
  critical of Yellen for having, you know, so much kind of
• 21:22
  shorter term treasure exposure kind of valid to, to, you know,
• 21:26
  fix that. But it's like you, you say
• 21:29
  something and then you do another thing.
• 21:30
  You also talked about the 333 deal, which is not going to
• 21:32
  happen. And so, yeah, we, we are kind of
• 21:36
  entering various phases of, of monetization, starting with the
• 21:40
  gradual print that kind of began in, in late last year.
• 21:43
  Nothing particularly new at the moment or rather the the size of
• 21:47
  the Treasury buyback was was interesting for sure.
• 21:50
  The longer this goes on, I would be watching some of these
• 21:52
  standing facilities or you know, the move index and other signs
• 21:57
  of stress. Because you know, if you do get
• 22:00
  treasure yields breakout, if you do get a liquid markets, the Fed
• 22:04
  will step in as needed, though they'll increase purchases.
• 22:07
  They'll, you know, they'll, they'll expand the size of their
• 22:10
  of their standing facilities, whatever it takes to not have a
• 22:13
  failed Treasury auction, to not have acutely liquid Treasury
• 22:16
  markets or interbank lending markets.
• 22:18
  The bond market is the constraint, not the oil price,
• 22:21
  not the military capability, the bond market.
• 22:24
  And as Rickards has said for years, the bond market remains
• 22:28
  undefeated. So here's what you do with all
• 22:31
  this. First, you stop what you're
• 22:32
  doing and head to the Bitcoin way.
• 22:34
  Because of Bitcoin is now being used as a geopolitical
• 22:38
  settlement layer. And it is then you need to
• 22:40
  understand that the same property that makes it work for
• 22:43
  Iran, for the United States, it makes it work for you.
• 22:46
  For Michael Saylor, Bitcoin held in self custody cannot be
• 22:49
  frozen, seized, restricted. Bitcoin held on an exchange.
• 22:53
  That exchange is 1 government letter away from freezing your
• 22:56
  account. Iran can't hold Bitcoin in AUS
• 22:59
  bank, but they can hold it in self custody.
• 23:01
  You should too. Hardware wallet, your keys, your
• 23:04
  coins. The Bitcoin ways set you up with
• 23:06
  ironclad self custody, proper hardware, your own node, full on
• 23:10
  chain verification. So your Bitcoin is actually
• 23:13
  yours, not your banks, not in exchanges yours.
• 23:17
  Their team guides you through the entire setup, step by step
• 23:20
  until you mastered it. Oh, and they can help with
• 23:22
  privacy, phones, Plan B, residency and so much more.
• 23:25
  No single point of failure standing between you and your
• 23:28
  generational wealth. Book your free 30 minute
• 23:30
  consultation right now by scanning that QR code or
• 23:33
  clicking the link in the show notes and begin your journey
• 23:36
  towards sovereignty today. The Bitcoin way.
• 23:38
  All right, here we go. Bitcoin is the only monetary
• 23:41
  system on earth that is not subject to any of this crap.
• 23:44
  You can't inflate it. There is no Federal Reserve of
• 23:47
  Bitcoin that decides to print more when the Pentagon needs 200
• 23:51
  billion or whatever the hell. They can't even pass an audit.
• 23:54
  You cannot seize it because it's held digitally in a European
• 23:58
  custodial account. Ask James Rickards how that
• 24:01
  worked out for Russia's 300 billion in Treasury reserves
• 24:04
  frozen in 2022. Rickards actually praised
• 24:07
  Russia's central bank chief as the only central banker in the
• 24:10
  world who actually understands her job because she spent years
• 24:14
  accumulating physical gold that could not be frozen.
• 24:17
  Gold is the nation state version of that principle.
• 24:20
  Bitcoin is the individual version.
• 24:22
  Unseasable, uninflatable, non negotiable.
• 24:25
  Your job is to get as much Bitcoin as possible over the
• 24:28
  next 10 years because this 100% ends in a self.
• 24:32
  Custody place, self custody, proof of work.
• 24:34
  The only system nobody can manipulate, nobody can block,
• 24:38
  nobody can print more of when they need to fund a blockade of
• 24:41
  a straight that was already blockaded.
• 24:43
  And here's what is happening today in real time that makes
• 24:46
  this even more urgent. Iran is offering to allow
• 24:49
  tankers through Hormuz under one condition.
• 24:52
  Oil priced in yuan toll paid in Bitcoin, not dollars.
• 24:56
  Yuan Bitcoin. If that trade begins to flow at
• 24:59
  scale, if the world's most critical energy choke point
• 25:03
  currently now begins routing oil through yuan and Bitcoin
• 25:06
  denominated transactions, The Petro dollar takes a wound it is
• 25:10
  never taken before, not a set back, not a challenge, a
• 25:14
  structural wound. The dollar is at 46% of global
• 25:18
  reserves. It was at 71% in 2000.
• 25:21
  The trajectory is not ambiguous. And if you model what happens
• 25:25
  when the global wealth, even a fraction of it, rotates out of a
• 25:29
  declining dollar system and into an asset with a 20 million hard
• 25:33
  cap, with no central issuer, with no war chest, that can be
• 25:36
  rated the math that gets you to $1,000,000.
• 25:39
  Bitcoin is not a meme. It's the arithmetic of a
• 25:42
  monetary system failure finding its exit valve.
• 25:46
  They tried to save the dollar with a war.
• 25:48
  The war may have buried it. The yield on Bitcoin is freedom.
• 25:53
  Hey, Bitcoin protects your wealth, but it won't keep you
• 25:55
  connected when the grid goes down.
• 25:57
  But thanks to our friends over at SAT 123, they got you
• 26:00
  covered. SAT 123 fixes all that satellite
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  phone, Starlink kits, Faraday bags and backpacks.
• 26:07
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• 26:10
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• 26:14
  That's SAT 123.com. Use code simply.
• 26:18
  Net requires growth. Growth requires inflation.
• 26:21
  Inflation requires Petro dollar demand.
• 26:23
  Petro dollar demand requires control of the choke point.
• 26:26
  The choke point is being contested and the dollar's share
• 26:29
  of global reserves keeps on falling.
• 26:31
  They use the war to save the dollar.
• 26:33
  The war actually accelerated the dollar's demise, and the exit
• 26:37
  valve for every dollar that leaves that dying system is
• 26:41
  harder money. Gold for nations, Bitcoin for
• 26:43
  the people and nations. Stack it, self custody it.
• 26:47
  Don't trust anyone else to hold it for you.
• 26:49
  And you got to be kidding me. Look at our likes. 3 or 4.
• 26:53
  Times maybe I'll pump those numbers up.
• 26:55
  Those are rookie numbers in this racket pay the like toll
• 26:58
  subscribe if you haven't and give us a PAMP share this
• 27:01
  episode because most people in your life are watching oil hit
• 27:03
  100 bucks today and thinking it's temporary it's transitory,
• 27:08
  it's not transitory it's the system and now you know why
• 27:12
  comment let us know what you think down below set those
• 27:14
  notifications got a lot of great stuff and a couple of surprises
• 27:18
  coming your way so stay tuned and I'll catch you all next time
• 27:21
  love you guys if you. Prefer to go down with the ship.
• 27:26
  You.