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Why $1M Bitcoin Could Be Next! | Simply Originals · Simply Bitcoin

• 0:00
  You better prepare for $1,000,000 Bitcoin because this
• 0:03
  may actually be the most bullish signal in Bitcoin's history.
• 0:08
  Elizabeth Warren and Trump have united together to unleash the
• 0:13
  big print. That's right, the money printer
• 0:16
  is about to go Burr like never before.
• 0:19
  Huey and Affinity, they're going to print so much money it'll
• 0:21
  make their. Face melt.
• 0:29
  Can you feel that down in your plums right now?
• 0:33
  Yeah, that's a parabolic run incoming.
• 0:36
  Almost nobody expects 500K Bitcoin over the next 12 months,
• 0:41
  even most bitcoiners. Maybe they don't know that the
• 0:45
  US Treasury just bought back $10 billion of its own debt, the
• 0:51
  largest buyback ever. If you're not bullish by the end
• 0:55
  of today's episode, Column Medic and in other news reports have
• 1:00
  circulated that U.S. states may be plotting to seize your
• 1:04
  Bitcoin. What the hell is going on?
• 1:07
  We're breaking it all down today.
• 1:08
  Welcome back, I'm Ruston, and let's unleash the fury.
• 1:12
  Shall we Send it? I'll tell you, a certain Senator
• 1:26
  Elizabeth Warren said that she would never, ever allow a
• 1:33
  default on our debt. She would never let let it
• 1:36
  happen. And she would like to get rid of
• 1:38
  the debt ceiling, what's called the debt ceiling.
• 1:40
  I call it the debt extension because we really need an
• 1:42
  extension that she'd like to see that gotten rid of.
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  And there are many people that agree, many Democrats agree with
• 1:48
  that. But we gave that through.
• 1:53
  And, you know, I don't want to say there he did it.
• 1:55
  Well, meaning they gave that to us.
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  It was a Democrat problem just before the election, would have
• 2:01
  had a huge impact on the election.
• 2:03
  And to our benefit, we won anyway, but to our benefit, but
• 2:08
  felt that really for the good of the country, we should extend
• 2:11
  that. But Elizabeth Warren and various
• 2:13
  other people would like to see that.
• 2:15
  Her whole career, she wanted to see it terminated, gotten rid
• 2:20
  of, not being voted on every five years or 10 years.
• 2:25
  And the reason was because it's so catastrophic for our country.
• 2:30
  And I always agreed with her. That was one thing I agreed with
• 2:32
  her on. Now, I haven't spoken to her,
• 2:34
  but I would say that if you asked her that question now,
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  she'd say no, no, it's their problem.
• 2:39
  But it's a very unfortunate situation.
• 2:42
  It's a very unfair situation and she happened to be right on
• 2:45
  that. It should be gotten rid of or it
• 2:47
  should simply be extended. But that's one of the things
• 2:50
  that gets taken care of in this bill that automatically gets
• 2:53
  extended for a four year period. And it should be.
• 2:56
  But I agree with Elizabeth Warren on that.
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  I think you should get rid of it.
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  It's too catastrophic. Red or blue, there is the state
• 3:03
  and there is you. What do you think of that?
• 3:05
  I think Newts Van Holm kind of nails it in.
• 3:08
  One thing we know for certain is that the Fiat must flow and now
• 3:13
  a nation $37 trillion in debt is ripping off the artificial cap
• 3:18
  to send the money supply to Valhalla.
• 3:21
  I mean really though, where is the money coming from?
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  Who is paying these people? Is this just one giant Ponzi
• 3:30
  scheme? Yes, and even the aliens know
• 3:33
  it's a giant Ponzi scheme. Where are they getting the trees
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  to print this money? I don't know what I found out
• 3:40
  the other day. What do you want out the other
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  day? Did you know the entire Earth is
• 3:43
  $315 trillion in debt? Whoa, yeah.
• 3:48
  What? Who do they owe money to?
• 3:50
  Bro? Who are they getting money from?
• 3:52
  It blows my mind that First off, you have everything on the
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  planet here to live for free. You literally have everything
• 3:58
  you need. And then you invent a system.
• 4:00
  Uh huh. That creates a deterioration of
• 4:03
  your own resources. You created a store of value
• 4:07
  that's literally storing less and less value every day, every
• 4:11
  day, and you're increasing your technology, and yet somehow you
• 4:15
  still owe money to someone and it's $315 trillion.
• 4:19
  There's not enough paper to print that much of cash.
• 4:23
  What are they doing? Earth is like the worst meme
• 4:27
  coin. It's the worst.
• 4:28
  It got rugged. That was awesome.
• 4:33
  But the market thinks the Fed won't cut rates until September,
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  and that's cute. Trump doesn't care.
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  He's going to start printing money himself straight from the
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  old office with a monster spending bill so big it'll make
• 4:46
  the new deal look like a Costco receipt.
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  They told you the money printer was locked up, but it never is.
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  It's just waiting for a new operator.
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  And guess what? The printer always wins.
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  The money will always be printed.
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  And if you're still sitting in dollars when that hyperinflation
• 5:06
  train leaves the station, God help you.
• 5:09
  Bitcoin is the escape hatch. Everything else it's just.
• 5:14
  It's very possible we're going to break the power law model on
• 5:17
  the upside here in this cycle. I mean, I think this cycle hits
• 5:20
  200 very easily. I think that's kind of a done
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  deal. It could go a lot farther.
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  We just don't know. I have every confidence gold
• 5:26
  will get to 5010 thousand, maybe 15,000.
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  But while it's doing that, bitcoins going to go from
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  100,000 to 1,000,000, you know, and from 1,000,000 to 2 million.
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  So let's say the government gets really aggressive and decides
• 5:37
  this Bitcoin thing's really killing us, we need to stop it.
• 5:40
  Let's do an executive order like Roosevelt 61 one O 2.
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  And it would really be easy for the government to do that
• 5:46
  because they would just call Fidelity, you know, they call
• 5:49
  every major ETF and the ETF will be forced to comply by the law.
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  There won't be a dollar value for Bitcoin because nobody will
• 5:55
  use dollars anymore. And that's where we're headed.
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  Some would say that's 50 years out.
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  And maybe they're right. I tend to think it's a lot
• 6:01
  shorter than that, a lot shorter.
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  And you can ignore Bitcoin if you want to, but you can't
• 6:06
  ignore the consequences of ignoring Bitcoin because it's
• 6:09
  going to go to millions of dollars a coin.
• 6:11
  And if you knew about it and you didn't take the time to study it
• 6:13
  and think about whether that was something you wanted to do, you
• 6:16
  missed it. Did you catch what Larry said
• 6:24
  about a six one O 2? That's a good segue into this
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  bombshell that dropped yesterday and X went ballistic.
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  Now, it was first reported that California's new law would allow
• 6:35
  them to seize dormant Bitcoin left on exchanges after three
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  years. Yeah, you can see what caused
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  the uproar. Let's watch the clip and then go
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  to what really is going on in California.
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  And also, Arizona passed a similar bill.
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  Let's check it out. File item 186 AB 1052 by
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  Assembly member Valencia Kirk will read.
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  Assembly Bill 1052 by Assembly Member Valencia and accolade to
• 7:02
  digital assets. Family member Valencia, you are
• 7:04
  recognized. Thank you, Mr. Speaker, once
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  again we. Want to start as members?
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  AB1052 will. Establish a legal.
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  Framework to legitimize digital. Assets, also known as
• 7:14
  cryptocurrency. And blockchain and unclaimed.
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  Property Law California must protect consumer assets and
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  embrace. The legal recognition of
• 7:22
  digital. Assets, crypto and blockchain as
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  we. Continue to modernize our
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  economy and the. Systems in our society without
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  respectfully ask for yes vote. Thank you, Assembly Member
• 7:33
  Valencia. I'll debate having ceased.
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  The clerk will open the roll. All members vote who desire to
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  vote. All members vote who desire to
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  vote. All members vote who desire to
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  vote clerk. We'll close the roll.
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  Tally the votes Aye 69 No 0. The measure passes.
• 7:54
  OK, let's break it down. Is California going to seize
• 7:58
  your Bitcoin? California's AB 1052 does not
• 8:02
  mean the government will seize your Bitcoin.
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  It applies unclaimed property rules to inactive exchange
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  accounts requiring assets be held, not sold by the state.
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  Your Bitcoin actually stays Bitcoin and can be reclaimed
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  anytime. OK, so under the former law this
• 8:21
  is what would happen. They would liquidate and a
• 8:23
  person could retrieve the dollar value of their holdings at the
• 8:27
  time they were taken and liquidated.
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  Now they're going to take the asset, the state's custodian
• 8:32
  will hold it, and that property can be claimed and moved to the
• 8:36
  holder. Now we are talking about the
• 8:37
  state here. And if that doesn't put you at
• 8:40
  ease, well, it shouldn't. You heard Larry say how easy a
• 8:43
  6102 could be carried out, and there is a simple, easy, tried
• 8:47
  and true way to ensure that never happens to you.
• 8:50
  We're about to bring it home, but before we do, look at our
• 8:53
  likes 3 or 4 times maybe. I pumped those numbers up.
• 8:56
  Those are rookie numbers in this racket.
• 8:58
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• 9:01
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• 9:05
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• 9:07
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• 9:14
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• 9:22
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• 9:25
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• 9:27
  30 minute consultation using that link in the show notes.
• 9:30
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• 9:35
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• 9:38
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• 9:56
  could last a lifetime. Thought this is insane but here
• 10:00
  we are. It's going up and I think, you
• 10:02
  know, it's still early days in the sense of just numbers
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  because I think it's, you know, it's not it's, it's not a matter
• 10:09
  of consumer adoption. It's not a matter of how many
• 10:12
  people download the iPhone, how many people download a Bitcoin
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  app. For me, it's about the size of
• 10:18
  the cash balances more than the number of people.
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  And so you can look at the size of cash balances that are in
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  dollars there are or dollars or dollar based currencies, which
• 10:28
  are all other Fiat currencies in the world.
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  You've got around $100 trillion in Fiat currencies.
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  You have another $100 trillion in bonds and you have something
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  like another 30, twenty $30 trillion in gold and some other
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  assets, maybe real estate and stocks, some of that you could
• 10:45
  think of as being a cash substitute which Bitcoin is
• 10:49
  competing with. So I would say the total market
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  for a monetary asset is about $300 trillion.
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  Bitcoin's already at 2 trillion, which is, I mean impressive
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  because in 15 years going from zero to 2 trillion is the
• 11:02
  fastest that we've ever seen. We've never had an asset
• 11:05
  anything go grow this fast. So it is quite impressive, but
• 11:08
  still got a long way to go. And I would say you could you,
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  you could say that Bitcoin is the monetary standard of the
• 11:15
  world when it is the largest of these assets, probably around
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  something in the range of 100 trillion or so.
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  So still a while away. But with Bitcoin, you never
• 11:27
  really know how long it could take.
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  You know that could be another few months because we've seen
• 11:32
  these crazy pumps in Bitcoin. But.
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  Not most likely. It's not going to be a few
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  months. Most likely it's going to be
• 11:38
  several years. And that's fine.
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  I think it's, it's, it's a process that needs time.
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  People need to accumulate cash balances.
• 11:45
  People need to become more familiar with how to use
• 11:47
  Bitcoin, and I think over time it's just inevitable because the
• 11:51
  people who accumulate Bitcoin will witness the value of their
• 11:52
  cash balances increase, whereas the people who don't accumulate
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  Bitcoin will witness their cash balances decrease in value.
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  The big print is coming and I think you know who the fastest
• 12:02
  horse in the race is going to be.
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  Trump's plan. Remove debt ceiling, print
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  trillions of dollars. See the price of Bitcoin smash
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  $1,000,000 by billions in Bitcoin.
• 12:13
  Looking at both of these it looks like one of these
• 12:15
  scenarios is going to play out and you know what that means.
• 12:19
  How does it go the First Nation to print their own currency to
• 12:23
  buy Bitcoin? Bitcoin is the future and.
• 12:26
  You probably want to. Get on.
• 12:28
  Board early. There's an interesting thing
• 12:30
  that could. Happen sometime in the next.
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  Couple years which? Is 1 country with a Fiat
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  currency just starts printing the shit out of their.
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  Fiat currency. And buying.
• 12:38
  Bitcoin with it. And if you're.
• 12:39
  The. First one to.
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  Do that then. You can accumulate a massive
• 12:41
  stack of Bitcoin before everyone.
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  Else catches on. This one's not complicated.
• 12:45
  Now, let's say you're an indebted country.
• 12:47
  You're actually in debt. You're running a deficit.
• 12:51
  You owe a lot of money and you're struggling.
• 12:53
  Your interest rates are high and you don't know what to do.
• 12:57
  Well, here's your strategies. Are you a normie or A10
• 13:00
  percenter or a maxi? Double maxi or triple maxi?
• 13:03
  The maxi is you put a third of your treasury into this.
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  A double maxi of 65% and a triple Max is put all your
• 13:11
  treasury into it and start issuing debt.
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  The subtext of this is the first country to buy Bitcoin by
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  issuing its own currency wins. This is simple.
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  If I am elected, it will be the policy of my administration,
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  United States of America, to keep 100% of all the Bitcoin the
• 13:33
  US government currently holds or acquires into the future.
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  We'll keep 100%. I hope you do well, please.
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  This will serve, in effect, as the core of the strategic
• 13:45
  national Bitcoin stockpile. The prophecy is being fulfilled.
• 13:50
  So let's get this straight. the US Treasury just executed the
• 13:54
  biggest debt buy back in American history.
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  Trump's ready to pull the pin on the debt ceiling and go full
• 14:00
  nuclear with a new deal on meth sized money printer.
• 14:04
  Elizabeth Warren is cheering from the sidelines and states
• 14:08
  are apparently sniffing around for dormant Bitcoin like it's an
• 14:12
  unclaimed inheritance from your dead grandma.
• 14:14
  Do you really think this ends with a soft landing?
• 14:19
  Oh no, this ends with $1,000,000 Bitcoin.
• 14:22
  And that's just phase one, because once the big print hits,
• 14:25
  the last thing you want to be holding is a dollar, or worse,
• 14:28
  someone else's Bitcoin IOU. If we're in a sovereign debt
• 14:31
  crisis, and I think we are, and if we're going to have a lot of
• 14:34
  inflation, I think we do. And if we're going to go to have
• 14:37
  a monetary reset, they're going to be real winners and losers.
• 14:40
  And, and you're not going to get a do over.
• 14:42
  You know, you're, you're not going to get a do over.
• 14:44
  It's not going to be like, oh gosh, I missed it.
• 14:46
  Maybe I'll, you know, I mean, it's like we could wake up one
• 14:48
  day and the government can say, you know, we're going to a gold
• 14:50
  standard. We're taking the price of gold
• 14:51
  up to $20,000. We either own gold and gold
• 14:54
  mining stocks or you don't. They're going to go enormously.
• 14:57
  Same thing with Bitcoin. I mean, you know, the US could
• 14:59
  say we're going to do a strategic Bitcoin reserve and
• 15:01
  the Bitcoin price could triple. Well, if you don't have any, you
• 15:04
  don't benefit from that. So there will be, you know,
• 15:07
  because of the risk of monetary debasement and the fact that
• 15:10
  there will be no do over. I would just strongly encourage
• 15:13
  all of your listeners to have some allocation of their wealth
• 15:19
  into things that the government can't print.
• 15:21
  The government can't print gold, government can't print silver,
• 15:25
  government can't print Bitcoin, and the government can print
• 15:27
  dollars. And they're going to print a
• 15:29
  shit load of dollars in my opinion.
• 15:31
  So what do you do you get your keys, you run your node, you opt
• 15:35
  out and you huddle like your freedom depends on it because it
• 15:38
  does and don't forget to grab tickets to mining disrupt 2025.
• 15:42
  That's right they're at it again.
• 15:43
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• 15:46
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• 15:49
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• 15:54
  11th through the 13th. The simply team will be on site
• 15:57
  and we hope to see you there. So grab those tickets today and
• 16:00
  use promo code simply Bitcoin for 20% off.
• 16:04
  Hope you guys enjoyed this one. Don't forget to like subscribe
• 16:07
  and give us a PAMP by sharing the sound money gospel and don't
• 16:10
  forget to set those notifications for the best in
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  Bitcoin news delivered to you daily.
• 16:14
  Keep your head on a swivel because Dante and Oceans have a
• 16:17
  lot of bangers coming your way. So stay tuned.
• 16:20
  If you ain't bullish, you're foolish.
• 16:22
  Love you guys, catch you next time.
• 16:25
  If you. Prefer to go down with the ship.