Latest / Simply Bitcoin / Bitcoin is The NEW American Dream!? | Bitcoin Simply

Transcript

Bitcoin is The NEW American Dream!? | Bitcoin Simply · Simply Bitcoin

• 0:00
  You know the system is broken when the President of the United
• 0:03
  States is crashing out online, calling the US Fed Chair Jerome
• 0:07
  Powell. Too late, Jerome or a numb
• 0:09
  school. The housing market is so slow,
• 0:11
  the US head of Federal Housing is calling for Jerome Powell to
• 0:15
  lower rates or resign. But here's the reality.
• 0:18
  Owning a home is no longer the American dream.
• 0:21
  That's owning a whole Bitcoin. Besides, with Bitcoin, you don't
• 0:24
  have to worry about what rates are in timing the market.
• 0:27
  The only thing you need to know and remember with Bitcoin is 21.
• 0:30
  In today's episode, we'll uncover Michael Saylor's new
• 0:33
  shocking Bitcoin price prediction that he gave after
• 0:36
  taking over 400 selfies with fans and Prague.
• 0:40
  The numbers are always insane, but Saylor always has a way of
• 0:44
  making them rational and making you bullish.
• 0:46
  We've got a lot to cover today. This is Dante Cook with Bitcoin.
• 0:49
  Simply, let's go. I think we're going to be $21
• 1:00
  million in 21 years. It's a very special time and the
• 1:10
  network, maybe the one time in the history of the network where
• 1:13
  you look out 21 years and you'll see 21 million specifically, I
• 1:18
  expect 21 million coins at a $21 million price in 21 years.
• 1:23
  And people ask how's the network going to grow?
• 1:27
  It's going to be growing at 21% in 21 years.
• 1:32
  The volatility is going to be 21.
• 1:36
  This is all. The only number you need to
• 1:38
  remember is the #21. The only number you need to
• 1:42
  remember to experience the American Dream is 21, and that's
• 1:46
  because no other number is reliable in today's broken
• 1:49
  financial system. The American Dream for most
• 1:52
  boomers and others in this nation so far has been real
• 1:54
  estate. They think that they were smart
• 1:57
  and prudent investors that worked hard and saved.
• 2:00
  Well, no, it was really that interest rates fell from 18% to
• 2:03
  0%. When you look at the numbers,
• 2:05
  they say that they're smart because they won.
• 2:07
  And in today's market, that still rings true.
• 2:10
  The boomers are still winning in terms of real estate.
• 2:13
  They still purchase more homes than any other generation in
• 2:16
  this nation. And that's why the US had a
• 2:18
  Federal Housing bill. Pulte.
• 2:20
  Yeah. From Pulte Group.
• 2:21
  The family home building business is calling for Jerome
• 2:24
  Powell to lower rates or resign. He.
• 2:26
  Is calling on Powell to resign. Joining me now is the man
• 2:30
  himself. Bill Pulte is here.
• 2:32
  Bill, thanks very much for joining me.
• 2:34
  And you write on X. Powell is a main reason for the
• 2:38
  housing supply crisis in the country.
• 2:40
  By improperly keeping interest rates high, Jerome Powell is
• 2:44
  trapping homeowners in low rate mortgages and choking off
• 2:47
  existing home sales, directly fueling the housing supply
• 2:51
  crisis. He must lower rates.
• 2:53
  Bill, what do you want to see happen here?
• 2:56
  Well, Biden had this crazy inflation and President Trump
• 2:59
  has come in and crushed inflation.
• 3:02
  Maria, he still has interest rates way too high and they're
• 3:05
  not reflective of the great work that President Trump has done.
• 3:08
  So Fed Chair Jay Powell, he either needs to lower the rates
• 3:11
  or he needs to resign. If you go back to that chart,
• 3:13
  the reality is that only 3% of Gen.
• 3:16
  Z is buying homes because they can't afford homes.
• 3:19
  And that rings true, and will be even more true if Jerome Powell
• 3:23
  actually cuts rates again. The New American Dream isn't
• 3:26
  owning a home, it's owning a whole Bitcoin.
• 3:29
  The beautiful thing about Bitcoin is like, it has no
• 3:32
  politics. It just is what it is in its
• 3:35
  representation across the globe of the people who believe in the
• 3:38
  same value system. And you can opt out.
• 3:41
  And that's why I think for me, it's very obvious that young
• 3:43
  people now think of the American Dream very differently.
• 3:46
  They're not worried about home ownership.
• 3:47
  They want to become whole coiner.
• 3:49
  Everyone wants to want one Bitcoin as like the American
• 3:53
  Dream if we're a very young person and many actually more
• 3:56
  than that as ways they think about, you know, the popular
• 3:58
  meme of retiring their bloodline.
• 4:01
  But they want more Bitcoin that they can share with them their
• 4:04
  nuclear family, their children, and that is more powerful.
• 4:08
  I think social signal then hey, I have this white picketed home
• 4:11
  in the suburban neighborhood. It doesn't carry the same
• 4:14
  prestige anymore with young people the way that a whole coin
• 4:17
  or what I think in the future. Like real estate, before Kovat,
• 4:20
  the opportunity cost of not buying real estate was pretty
• 4:24
  high. And the opportunity cost of not
• 4:26
  buying Bitcoin or getting to that whole coin now, well,
• 4:29
  that's going to cost you millions of dollars in the
• 4:31
  future, according to Michael Saylor.
• 4:33
  But you're going to have plenty of opportunities in order to get
• 4:37
  in because there's going to be dips, booms and busts in cycles.
• 4:42
  There will be volatility on that path to $21 million Bitcoin.
• 4:46
  The path of 21,000,000 is not going to be simple.
• 4:50
  It's going to be volatile. And so you're going to, you're
• 4:54
  going to see a volatility and it's going, it's going to damp
• 4:57
  over time. But you got to be prepared for
• 4:59
  the volatility, for the surges and the drawdowns, the good
• 5:02
  days, the bad days. This is Bitcoins annualized
• 5:06
  return. Looking back a decade, looking
• 5:09
  forward to decades, you can see that the network was growing
• 5:14
  faster. When it's small, that's totally
• 5:16
  rational. It's now in the mid 50s.
• 5:21
  What do I expect? I expect it will continue to
• 5:23
  grow exponentially, but as it approaches hundreds of trillions
• 5:28
  of dollars, it will decelerate to the point where it's growing
• 5:33
  about 21% a year now. How does that compare to the
• 5:37
  S&P? It'll be growing faster in 20
• 5:40
  years. It's still going to be the best
• 5:43
  idea. It's still going to be the most
• 5:46
  lucrative capital asset a company can hold.
• 5:49
  It's still we're going to be durable, vital.
• 5:54
  There will not be a better investment in the year 2046.
• 6:00
  If Bitcoin becomes 1,000,002 million, 10 million or 21
• 6:03
  million like Michael Saylor says, well then you're not going
• 6:06
  to want to sell your Bitcoin, you're going to want to borrow
• 6:08
  against your Bitcoin. But how do you do that safely
• 6:11
  and reliably? Well, you work with the leader
• 6:13
  in Bitcoin back loans, which is letting, which helps you unlock
• 6:16
  liquidity in your Bitcoin without selling your Bitcoin.
• 6:19
  If you want a $2000 loan, you post $4000 in Bitcoin
• 6:22
  collateral. The process is simple, fast and
• 6:25
  easy and you can get funded in your account in less than 24
• 6:28
  hours. The process is so smooth and
• 6:30
  fast that they have over 1005 star customer reviews to back it
• 6:34
  up. Get started with loans at just
• 6:36
  12.4% today or for people who watch this and use the link
• 6:40
  learn dot leadin dot AO slash. Simply, while you get .25% off
• 6:44
  your first loan, don't sell your Bitcoin.
• 6:47
  One of the things that you want to do if Bitcoin is 1,000,002
• 6:50
  million, 5,000,021 million is to make sure that you actually own
• 6:54
  Bitcoin and not an IOU to Bitcoin.
• 6:56
  And one of the ways that you do that, well, the only way that
• 6:59
  you can truly verify that you do that, don't trust verify, is by
• 7:02
  removing your Bitcoin from exchanges, removing your private
• 7:05
  keys. But you don't want to just do
• 7:07
  that Willy nilly. You want to learn how to do it
• 7:09
  privately, securely, safely and confidently.
• 7:12
  And for that, we will recommend you work with the team at the
• 7:15
  bitcoinway.com. Schedule a free 30 minute
• 7:17
  consultation with their team at the bitcoinway.com/simply
• 7:21
  Bitcoin. Back to the show in 2046.
• 7:24
  We won't be debating what the best investment idea was.
• 7:27
  It was Bitcoin all along. It will be like investing into
• 7:30
  the best performing MAG 7 stock, except you can invest into
• 7:34
  Bitcoin as if it was an index. Bitcoins trending toward the
• 7:40
  performance of the best capital assets in the world in the
• 7:45
  conventional world, which are like, you know, Max 7 digital
• 7:48
  monopoly is mixed into an index. It's trending toward it, but it
• 7:52
  will never reach it and it will never perform at that level
• 7:56
  because it's always going to be better.
• 7:58
  It's always going to be more useful.
• 8:00
  It's always going to be less risky.
• 8:02
  It's always going to have the counterparty risk of a company
• 8:04
  stripped away. There's never going to be ACEO,
• 8:07
  the subpoena. There's never going to be a
• 8:09
  labor force. There's never going to be the
• 8:11
  challenge of the supply chain. It's never going to have a
• 8:14
  tariff on it. It's going to be pure digital
• 8:19
  energy, pure economic energy. By then it will be moving at the
• 8:24
  speed of light, on layer twos, on layer threes.
• 8:28
  It'll be moving 10 million * a second.
• 8:31
  It'll be trading between billions of billions of nodes
• 8:35
  and billions of other nodes. There's going to be nothing else
• 8:38
  to compete with it. Here's a great clip from Peter
• 8:41
  Thiel, who was giving a lecture about the best investments from
• 8:44
  the early 2000s. He talks about Amazon, Facebook,
• 8:48
  PayPal, eBay, and other sorts of investments that started off
• 8:51
  small and look contrarian. But that is the counterintuitive
• 8:54
  insight. You have to invest in something
• 8:57
  that's small and overlooked. The first very counterintuitive
• 9:01
  into idea is to go after small markets.
• 9:05
  Often markets that are so small people don't even notice them,
• 9:08
  they don't think that they make sense.
• 9:10
  That's where you got to put hold.
• 9:11
  And then and then if those markets are able to expand, you
• 9:14
  can scale into a big monopoly business.
• 9:18
  Relative to the other asset classes in the world, real
• 9:21
  estate, bonds, stocks, precious metals, Bitcoin is a really
• 9:26
  small asset that is overlooked right now by the traditional
• 9:30
  financial system. And that is your alpha and that
• 9:32
  is your opportunity. That is your Amazon, Facebook,
• 9:35
  eBay or PayPal screaming at you in the face in 2025.
• 9:40
  Don't overcomplicate the trade, stay humble, stack stats, spend
• 9:44
  less than you make, and pursue the American dream by owning a
• 9:48
  whole Bitcoin. One of the ways you can continue
• 9:50
  to stay motivated on your journey is by meeting bit
• 9:52
  corners in real life, and one of the best ways you can do that is
• 9:55
  by going to conferences. You can go to the largest
• 9:57
  Bitcoin mining Expo in the world from November 11th through
• 9:59
  November 13th at the Mining Disrupt conference in Dallas,
• 10:03
  TX. Use the promo code Simply
• 10:05
  Bitcoin for 20% off your ticket. It's always crazy when Michael
• 10:08
  Saylor gives a new prediction, but you can always get the alpha
• 10:12
  and understand the reasons behind this prediction by
• 10:15
  liking, sharing and subscribing to channels like these where
• 10:18
  we're bringing you the fire, the reel, and we're doing it seven
• 10:21
  days a week. This is Dante Hook with Bitcoin
• 10:23
  simply hay stacking.