Latest / Simply Bitcoin / $200 Trillion to Bitcoin?! | Simply Originals
Transcript
- 0:00For the first time in history, a Federal Reserve governor has
- 0:03been fired. Lisa Cook, She's screaming that
- 0:07the president can't touch her. We have legal experts and people
- 0:11on X who can't read, apparently wringing their hands, saying
- 0:15Trump overstepped and has no right or legal power to do what
- 0:20was just done. Well, news flash, the Federal
- 0:23Reserve Act itself says otherwise.
- 0:26That's right, the president can remove them for US, and Trump
- 0:31just did. So what does this mean?
- 0:33Are we witnessing the beginning of the end of the Fed?
- 0:36Is this the napalm that sends Bitcoin to 200 trillion?
- 0:40Does this open the door for the SBR to replace the central bank
- 0:44entirely? Well, you're about to find out
- 0:46and strap in, because it's in the Fed day.
- 0:54There have been some serious consequence of our lack of
- 0:57respect and our loss of liberty and lack of concern in defense
- 1:01of our Republic, and we're suffering the consequences.
- 1:04This is what we're talking about.
- 1:05How can we reverse this trend? I think we have to understand
- 1:09how it happened, what the problems were and what we have
- 1:12to aim for. But we've had a lot of problems
- 1:15because of this. Number one, economic problems
- 1:18because they do not understand the Constitution and economics
- 1:22on monetary. I mean, it is very clear what we
- 1:26should be doing. The knew and understood
- 1:28something about inflation. The runaway inflation of the
- 1:31continental dollar was devastating to the economy.
- 1:34So they were explicit. They said no emitting of bills
- 1:37of credit, no printing money, no paper money, and that only gold
- 1:41and silver should be legal tender.
- 2:08Not yet. Didn't give you a single yet.
- 2:12Now it comes. There is no authority in the
- 2:15Constitution authorizing a central bank, which means there
- 2:19should be no Federal Reserve System, No.
- 2:36All right, let's break it down. Trump signed an executive order
- 2:40saying Lisa Cook is gone over alleged mortgage fraud.
- 2:44And this is the first time in the Fed's 111 year history that
- 2:47this has ever happened. Cook's response?
- 2:50The president has no authority to fire me.
- 2:52Her lawyer will do whatever it takes to block this illegal
- 2:55action. Cute.
- 2:56But here's the actual law, Section 10 of the Federal
- 3:00Reserve Act Governors can be removed by the president for
- 3:03cause. And guess what?
- 3:05More mortgage fraud definitely qualifies.
- 3:08Just because no president has ever had the stones to do it
- 3:11doesn't mean it can't be done. This isn't just a spat.
- 3:14This is Trump puncturing the illusion of central bank
- 3:17independence. The Cabal's been untouchable for
- 3:20over a century, and now they're on notice.
- 3:23The United States is starting to dress like China and Argentina.
- 3:28Emergent market bullshit. Sorry for my language kids.
- 3:32Turn it off. This episode's for Dad, Mom,
- 3:35We're going to get a little heated on this episode because
- 3:37it's just a bunch of nonsense getting on Fox News and parading
- 3:42around like you've solved the problem.
- 3:43Trump was right. About everything.
- 3:45They haven't solved anything. And your central banker, if
- 3:48you're American and you're listening to this, just walked
- 3:51into a hotel in Wyoming and said, I'm going to choose the
- 3:53government over inflation. Welcome to a more expensive
- 3:56life. Sorry, not sorry.
- 3:58That's what he just said. The baseline outlook and the
- 4:01shifting balance of risks may warrant adjusting our policy
- 4:05stance. And people sit and listen to
- 4:08that to decide if Bitcoin is important or not.
- 4:11Have you lost your mind? That's exactly why I use
- 4:14Bitcoin. You think people my age want to
- 4:19read a newspaper about what some old guy said about pieces of
- 4:23paper? My generation has gotten
- 4:27demolished by this system, and to watch this guy stroll on up
- 4:33and say, yeah, inflation's real, but we need to finance the
- 4:37government. This is exactly why I don't own
- 4:40a single. Dollar you will.
- 4:42Not catch me with a positive net worth in USD.
- 4:46It is disgusting. We've engineered an exit door.
- 4:51Think of Bitcoin that way. The building is lit on fire and
- 4:56we've engineered a way out for everybody.
- 4:59The price, the ticket to get out becomes more expensive with
- 5:03time. When I got into Bitcoin, a
- 5:06ticket out, it was 50 bucks. Now a ticket out, it's $110,000.
- 5:12The cost to exit isn't equal, but the opportunity is.
- 5:17All of you can get out. That's what Bitcoin is.
- 5:20It's an engineered exit or an engineered life raft.
- 5:24How expensive that trip is for you, that's up to you.
- 5:28But make no mistake, the decision was made in broad
- 5:33daylight. The government will be financed
- 5:36at the expense of the people. Exactly, Jack.
- 5:39The dollar is looking like Venezuelan bolivars with extra
- 5:43steps. The exit ramp is Bitcoin.
- 5:45So why does Trump even care? Well, it's not really about
- 5:49mortgage paperwork, it's about interest rates.
- 5:51There are 7 Fed governors. Trump's already got three of
- 5:55them. And if Cook is replaced, boom.
- 5:57And what does Trump want? Massive rate cuts. 300 basis
- 6:01points. And that's three times the
- 6:03largest emergency cut in U.S. history back in March 2020.
- 6:07He doesn't even need to remove Powell anymore.
- 6:09He's hijacked the Fed from within.
- 6:12Markets are rattled, stocks slipped, bond spiked, and global
- 6:15investors are whispering. Is the Fed even independent
- 6:18anymore? Spoiler alert, it never was.
- 6:21What is the view of war by the banks like?
- 6:24What do the banks think of it? You've described the banks as
- 6:26the single greatest control mechanism of human behavior in a
- 6:30society. I think particularly the central
- 6:32banks because they have the, the bigger the bank, the more the
- 6:35power, but their power extends beyond just like their relations
- 6:38with other banks. Their power like determines a
- 6:41lot of what happens in your country.
- 6:42And they're not under the control of voters, right?
- 6:45So it's a, it's an extra democratic institution, which
- 6:47happens to be the most powerful, which is like craziest.
- 6:49I'd love to know how that happened.
- 6:50But how do they feel about war? Well, central banking and
- 6:53warfare are very closely linked. The 1st modern major bank and
- 6:58central bank was the Bank of England.
- 6:59Of course, the law founding it, it says what we're doing here is
- 7:03establishing the bank. And they kept that secret.
- 7:05We're doing a mechanism. A new mechanism by these
- 7:07investors would be allowed to establish a company that's the
- 7:09Bank of England. In order for what?
- 7:11In order to wage war. Do you know why the Federal
- 7:13Reserve was established and there was a rush to establish it
- 7:16for 1914, the year the First World War started, Exactly.
- 7:20Destroyed Europe. Now Forbes tried to spin this,
- 7:22saying Trump's firing Fed governors threatens the
- 7:25credibility of his strategy, Bitcoin Reserve.
- 7:28No, wrong fake news. This doesn't hurt the SBR.
- 7:33It proves why we need it, you morons.
- 7:35Because Trump will get his big print one way or another, and
- 7:39the fastest horse in that race is Bitcoin.
- 7:42The strategic Bitcoin Reserve isn't in jeopardy.
- 7:45It's gunning to replace the Fed entirely.
- 7:48You'd like the strategic Bitcoin Reserve has been signing the law
- 7:50through executive order. There's some infrastructure
- 7:52that's required in order to get things set up properly.
- 7:54And so I'm still very confident that the the US government is
- 7:58going to be keenly interested on moving expeditiously on budget
- 8:02neutral ways to accumulate. So I'd tell people just to, you
- 8:05know, keep their eyes and ears open for that news that
- 8:08eventually I'm sure will come. But Patrick's working on that.
- 8:10As I can imagine, you know, we, the last time that we've been
- 8:13truly able to speak on digital asset issues was the the day
- 8:16before I left. But I'm very confident in his
- 8:18abilities to perform and deliver for the industry.
- 8:20And look, I mean, the president obviously has been a steadfast
- 8:23leader in the space. I mean, he's made it vehemently
- 8:25clear that this is a major priority for him.
- 8:27And that includes the SBR. And then we also have the
- 8:29Digital assets National Stockpile as well, which I think
- 8:31was really just our attempt to give credence to the other
- 8:34ecosystems and what's being built over there.
- 8:36We want to welcome innovation here in the US and we want to
- 8:39make sure there's other ecosystems continue to thrive
- 8:41and grow. But we'll see.
- 8:43And I, I certainly you could hang around and, and love to be
- 8:45a part of, of all of it, but I felt as if it's always good to,
- 8:48to bring a new set of eyeballs then every once in a while, have
- 8:51a fresh, clean look. You know, I'd been in the weeds
- 8:53of this for for over 8 months and I'm super proud of
- 8:56everything we've accomplished and super thankful for the
- 8:58President and David for their support and their push through
- 9:01all of it. But you know, we have market
- 9:02structure on the horizon now. So I'll be, you know, watching
- 9:05diligently just like many of you to see how this unfolds.
- 9:08But I'm confident they'll be able to bring that home as well.
- 9:10And you'll have two monumental pieces of crypto legislation
- 9:12signed into law this year firmly summoning the United States.
- 9:15This place is the crypto capital of the world.
- 9:17That's right, 2025 isn't just bullish, it's historic.
- 9:21And it is possible that both Vice President JD Vance and the
- 9:26Orange Man have signalled what is coming.
- 9:28Isn't it BlackRock? Is there a way to calm that down
- 9:34where they're purchasing all and they're driving up the cost of
- 9:37real estate? You walk around New York City,
- 9:39there are buildings that are full of empty apartments because
- 9:43it's money laundering from people overseas that are
- 9:46stashing money, and it's raising the cost of living for the
- 9:50entire. City that's exactly right and
- 9:52and you know if like I'm actually not a Ron Paul guy one
- 9:56of my one of my dear friends is is a big Ron Paul guy.
- 9:59But like I've kind of come around to the Ron Paul argument.
- 10:03I don't fully agree with it, but the criticism of the Federal
- 10:06Reserve that makes the most sense to me is that it gives
- 10:09massive corporations a lower cost of money than the average
- 10:14American, right? So part of the reason BlackRock
- 10:16has been able to buy all these homes, as you ask, well, what is
- 10:19BlackRock borrowing at, right? What rate are they borrowing at?
- 10:22Because the average American right now, I think, I think the
- 10:24average mortgage interest rate is somewhere around 7% right
- 10:27now. OK, Blackrock's borrowing at
- 10:29like 1.52 point 5%, right? So if they're paying a much
- 10:34lower cost for bought for debt then the average American, then
- 10:39they have a huge advantage. They buy up all the homes, they
- 10:41Jack up all the costs. And again, going back to the
- 10:43Jeffersonian idea of Americans as owners and as citizens in
- 10:47their own country. Well, what happens when
- 10:50BlackRock owns your home and say they, they say you're not
- 10:54allowed to own a firearm because we own this home.
- 10:56You, you don't own this home. OK, there goes the Second
- 10:58Amendment. What if they say, well, for all
- 11:01residents in our in our places, we don't want you to put up yard
- 11:05signs for certain political candidates?
- 11:07Well, there goes the First Amendment.
- 11:09There's a connection, There's a very deep connection between the
- 11:12idea of of American citizenship, the full idea and the liberties
- 11:16that actually make American Society such a cool place to
- 11:18live. And if we turn everybody into
- 11:20renters, we're going to destroy that.
- 11:22I mean, I, I think that like here's.
- 11:24Where you're wrong now? People really like these shows
- 11:27where people buy $20 million homes like Selling Sunset most.
- 11:32Isn't that as good as owning a home?
- 11:34Because there's 30 shows about people buying mansions and
- 11:39people get to watch them. So you don't have to cut grass,
- 11:42you can watch somebody else buy a.
- 11:44House. You can, but that is what's
- 11:45happening by the way, and there's.
- 11:46You can live in a pod and eat and eat your roasted crickets,
- 11:49but watch. Other people.
- 11:50Live in the American. Tree bingo.
- 11:52This is what Trump and his allies have kind of been hinting
- 11:55at. Ending the Fed, abolish the IRS,
- 11:57replace income tax with tariffs. I don't know.
- 11:59Kind of like America used to do before 1913 before the bankers
- 12:04hijacked the system. Did you just float out the idea
- 12:08of of getting rid of income taxes and replacing it with
- 12:11tariffs? Well, OK, were we serious about
- 12:13that? Yeah, sure, but why not?
- 12:15Because we ready. Our country was the richest in
- 12:18the 8, relatively in the 18. 80s.
- 12:21And 1890s a. President who was assassinated
- 12:25named McKinley. He was the tariff king.
- 12:28He spoke beautifully. Of tariffs his.
- 12:30Language. Was really beautiful.
- 12:33We will not. Allow the enemy.
- 12:36To come in and take. Our jobs and take our.
- 12:38Factories and take. Our workers and take our
- 12:41families unless they pay a big price.
- 12:44And the big? Price is tariffs.
- 12:46And he'd speak. Like that.
- 12:48But he was right. And then around.
- 12:50In the early 1900s, they switched over, stupidly to,
- 12:53frankly. An income tax.
- 12:55And you know why? Because countries were putting a
- 12:57lot. Of pressure in.
- 12:57America, we don't want. To pay tariffs, please don't you
- 12:59know they? Believe me, they control our.
- 13:02Politicians. You see the picture?
- 13:04It's Ron Paul's revolution dressed in orange space.
- 13:08Not not saying Trump is Ron Paul, well do not misquote me,
- 13:13but it's absolutely insane. And what's crazier, people are
- 13:15afraid of living in a world where vampires are sucking their
- 13:19life force out of them. And also 200 trillion flooding
- 13:22into Bitcoin. We're about to bring it home.
- 13:24But before we do, look at our likes 3 or 4 times maybe.
- 13:28I'll pump those numbers up. Those are.
- 13:29Rookie numbers in this racket don't forget to like, subscribe
- 13:32and give us a PAMP while we take a moment to recognize our
- 13:35sponsors powering this show over at the Bitcoin Way.
- 13:38Head over to the bitcoinway.com to learn how to self custody
- 13:41your Bitcoin like a sovereign individual to walk you through
- 13:43multi sig privacy, how to run a node, which is critical, and
- 13:47even how to move your coins off of those clown platforms and
- 13:51into self custody. That is the revolution.
- 13:53Secure your generational wealth today.
- 13:55Schedule a free 30 minute consultation using that link in
- 13:58the show notes. And once you've secured your
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- 14:36first loan. All right now let's give flowers
- 14:38where they're due. Ron Paul, he is 90 years old,
- 14:41and he's still chanting in the Fed.
- 14:43He's one of the forefathers of this entire movement.
- 14:46You really could, in a way, say Bitcoin is simply the
- 14:48continuation of the Ron Paul revolution.
- 14:51It's no coincidence that the century of Total War coincided
- 14:54with the century of central bank Ohio.
- 14:56And yeah, at 90, he's still fighting to end the Fed.
- 14:59We stand for sound money. You can't have sound money
- 15:02unless you investigate, understand and realize the power
- 15:07that is wielded by, by a system of government where that you
- 15:12have Fiat money. Well, can't you keep, can't you
- 15:16audit them and find out what's going on and, and participate in
- 15:19it? Oh, sure.
- 15:21It's it's you know, when they when they talk about, you know,
- 15:26independence, you know, no, we can't let anybody audit and know
- 15:31about what's going on because the the Fed wants independence.
- 15:37You know, one reason there's one word that you can use.
- 15:39Anybody ever tells you that. What don't you think they ought
- 15:42to be independent? The word they use for
- 15:45independent is secrecy. That's what they want.
- 15:51But I was always good. And some people I've had a
- 15:53criticism money just talk only about ending if they had none of
- 15:57this audit stuff. I said, yeah, but the audit is a
- 16:00step, and if we ever got a true audit, what would the people in
- 16:04this country do? They would end the Fed if they
- 16:06knew what was going on. Oh, look at this.
- 16:13Apparently Nicole Shanahan says ending the Fed looks scary.
- 16:17Ron Paul smacks her down. It's legalized counterfeiting.
- 16:20Roll it. It looks really scary, I won't
- 16:23lie. What ending the Fed?
- 16:25Looks like. And I'm wondering if you can
- 16:27help point me to a few. Resources that would.
- 16:33Give me the. Confidence to end.
- 16:35The Fed. This argument has been going on
- 16:37since the country started because Hamilton wanted it and
- 16:40Jefferson did not want it. You know, I tell people what if
- 16:43I was given the, the printing Press of the government, I, I
- 16:48could create the exact thing that is out in circulation.
- 16:53And that is reason government gets out of out of control that
- 16:57you can't have these wars without the Fed.
- 17:00I mean, just think of these last two years.
- 17:03How much money, how much debt have we run up?
- 17:05And they're still trusting the dollar, but less so.
- 17:09And that that it the finances of the wars.
- 17:12It finances the the welfare for the wealthy and the people and
- 17:17all all this nonsense and government.
- 17:20So you, you cannot stop the monstrosity we have with secret
- 17:26and powerful legalized counterfeiting because human
- 17:30nature is. They don't believe in they they
- 17:33don't. They don't believe in natural
- 17:34law. Natural law seems like they
- 17:37might use something of real value.
- 17:40Ron Paul taught us you cannot stop big government without
- 17:43ending the Fed, and Bitcoin is the Wrecking Ball.
- 17:46So what happens when the Fed crumbles, the strategic Bitcoin
- 17:49reserve rises, and the world finally rejects counterfeit
- 17:53currency? Are they?
- 17:54Absorbing more money in the space.
- 17:56Or are there enough riches for all?
- 18:01Yeah, it's a question I had talked about whether a banker
- 18:04recently, which is how scalable is the treasury company
- 18:09approach. I think Ultima is extremely
- 18:12scalable, is the largest arbitrage of the century
- 18:15probably which is sort of arbitraging the US dollar, euro
- 18:20Fiat denominated current world with the bitcoinized future in a
- 18:25few decades. And so if you think about the
- 18:27addressable market of that being in the 100 trillion to $200
- 18:30trillion range, there's lots of scope for, you know, even
- 18:34extremely large companies with large cash reserves like Apple,
- 18:37Microsoft and so on to enter it without making a dent in this
- 18:41market. Titonali's point Are you
- 18:44concerned at all about potential conflicts of interest given the
- 18:47proximity of of the president's family being involved in this
- 18:51industry? The same question.
- 18:52To you. That I asked Anthony Moments.
- 18:55Ago that. Winners and losers.
- 18:57Could be picked. Within the industry.
- 19:02Well, I mean, I think they're all public companies, right?
- 19:04So they haven't compete in the free market.
- 19:08So, you know, ultimately there's quite a lot of competition and
- 19:11some very fast-paced companies in the, in the sector.
- 19:14Some of them are, you know, smaller companies with a high
- 19:17velocity, some of the big companies we've established
- 19:19businesses. So we'll see how that shakes out
- 19:21in the market. You know, it's generally
- 19:24positive. I think the current
- 19:25administration in the US improving the regulatory
- 19:29environment for Bitcoin and Bitcoin layer 2 and Bitcoin
- 19:33settlement companies 2. 100 trillion, that's what happens.
- 19:36That's the Wrecking Ball. That's the new monetary order.
- 19:41NMO. We flipped.
- 19:43We flipped it. Now here's the question for you.
- 19:46Do you think Trump is actually serious about ending the Fed, or
- 19:50is something else at play entirely?
- 19:53Drop your thoughts and comments below and don't miss Mining
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- 20:17Hey, hope you guys enjoyed this one.
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- 20:27Oh, and yeah, you might have a new show coming your way, so
- 20:30stay tuned. Love you guys, Catch you next
- 20:32time if you prefer. To go down.
- 20:34With the ship.