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The $38 Trillion Debt Bomb Just Exploded | Bitcoin to the Moon? | Simply Originals · Simply Bitcoin

• 0:00
  Well, they just fired 312 bullets into the global economy
• 0:03
  and nobody heard the shots. That's right, 312 central Bank
• 0:07
  rate cuts in the last 24 months, the second highest monetary
• 0:11
  intervention in 25 years. Just one cut below 2008 in the
• 0:16
  world. Still scrolling.
• 0:19
  Meanwhile, the global debt just hit 338 trillion and 82% of
• 0:24
  central banks are now cutting rates not to help you, but to
• 0:28
  save themselves. You want to talk about a
• 0:30
  historic and massive liquidity event?
• 0:32
  This isn't a spark, it's monetary napalm.
• 0:36
  I love the smell of napalm in the morning.
• 0:39
  You're damn right we do. And guess what?
• 0:41
  Bitcoin. The only asset they can't print
• 0:44
  is starting to react. That's right, the United States
• 0:52
  alone now carries 38.3 trillion in government debt, the largest
• 0:57
  in history. That's more than China, Japan
• 0:59
  and Germany combined. Every dollar of new debt
• 1:02
  requires more printing just to pay interest on the last batch.
• 1:06
  And this is exactly what Larry Leopard calls the big print.
• 1:10
  When money dies, people run to things.
• 1:12
  They can't print gold, silver and Bitcoin.
• 1:15
  They need a denominator that can't be with to preserve their
• 1:18
  purchasing power because the money is totally.
• 1:22
  Because look, you're young, you've obviously done extremely
• 1:25
  well. You could live the Lambeau
• 1:27
  lifestyle, but you're turning your back on that.
• 1:30
  How do you stay that course? Because I know a lot of, you
• 1:33
  know, folks or young people I speak to just, you know, want to
• 1:36
  get rich quick, want the money. But how do you stay focused and
• 1:39
  see beyond, you know, all the material, shiny nice objects
• 1:44
  that you could have, Jack, you could have that, all of that.
• 1:48
  I think Bitcoin taught me that more than anyone else or any
• 1:52
  other experience, to be totally honest with you, because when
• 1:55
  you do understand the concept of time and energy and
• 2:00
  contributions to society, then a fancy car isn't ever worth the
• 2:07
  Bitcoin that I've worked to acquire.
• 2:10
  And so I only trade in exchange my Bitcoin for experiences for
• 2:16
  people I love, to be honest. I mean, how how beautiful is it?
• 2:21
  How beautiful of an idea, I guess is it that, you know, we
• 2:24
  can make the world a better place for the people that we
• 2:26
  care about the most. And so Bitcoin taught me that.
• 2:29
  It really lowered my time preference and taught me the
• 2:33
  value of things. I think it's it's really
• 2:35
  impossible to value things if there's an infinite amount of
• 2:39
  dollars. I like to draw the similarity to
• 2:42
  the promise of death. This is going to get potentially
• 2:45
  a little weird or dark, but you know, it's the promise of we.
• 2:47
  Invite that. I invite that.
• 2:49
  It's it's the promise of death that allows us to value our
• 2:52
  life. If I was never going to die and
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  I knew that, then I'd go to the gym in 1000 years, I think to
• 2:59
  get married in 10,000 years, I would never care to value today.
• 3:04
  And that's very similar to the dollar.
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  If there's infinite amounts of dollars and we're going to roll
• 3:09
  this debt over forever, then how do I value my paycheck right
• 3:13
  now? And so I think what death means
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  to life, Bitcoin means to money and to value.
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  And so Bitcoin gave me that finite promise that allows me to
• 3:22
  value the time and energy that I spent right now.
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  And it's not worth expending A tremendous amount of my time and
• 3:28
  energy, energy on a yellow car that goes really fast in the
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  same way that knowing that I'm going to die.
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  It's, it's not, it's not worth ever wasting a day, a week, a
• 3:39
  year. Exactly Jack, if the money isn't
• 3:43
  fixed, it's impossible to value anything or own anything.
• 3:47
  Gold has ripped to over 4K, Silver's up 80% this year, and
• 3:51
  Bitcoin just bounced 10% off the flash crash lows back toward
• 3:56
  115K Why? Because the Fed's $6.6 trillion
• 4:01
  balance sheet pivot just got exposed.
• 4:03
  Wall Street's quietly preparing for the end of quantitative
• 4:06
  tightening, and this means that the money printer is warming up
• 4:10
  again. Arthur Hayes says the next money
• 4:12
  printing cycle could send Bitcoin to 1,000,000, and the
• 4:15
  data backs it up. Every 1% increase in money
• 4:18
  supply has historically boosted Bitcoin 2 to 3% within months.
• 4:23
  When they print well, Bitcoin reacts fast, faster than any
• 4:26
  other asset on earth. As Bitcoin matures, we're going
• 4:29
  to see less volatility and this is a function of, I would say
• 4:33
  two things. One is the Bitcoin treasury
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  companies, especially strategy, which is scooped up a large
• 4:40
  amount and they are a very consistent, a very reliable
• 4:43
  buyer and at any price. The second is the ETFs, the
• 4:48
  Bitcoin spot ETFs largely I bit and they have also proven to be
• 4:53
  a very reliable source of demand for Bitcoin.
• 4:57
  And I think with these two driving forces, it was always
• 5:01
  bound to reduce volatility at least in the near term.
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  But longer term, I just don't see Bitcoin sitting idly in this
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  range or even in the 200,000 range.
• 5:13
  And I think we're seeing a foreshadowing of this with gold,
• 5:17
  which is the largest asset on the planet, which has
• 5:20
  skyrocketed and went up by 50% this year.
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  It would be more like bitcoins trying to lull everyone into a
• 5:27
  false sense of security that they have time to accumulate.
• 5:30
  But unlike gold, Bitcoin is incredibly scarce and finite.
• 5:34
  There are only 21 million coins. Gold production will ramp up as
• 5:38
  demand increases, and we will see that.
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  And we just don't know how much gold there is out there in the
• 5:44
  world. It's impossible to
• 5:46
  mathematically, definitively quantify that, but you can with
• 5:50
  Bitcoin. So I think we're going to see
• 5:52
  Bitcoin do its thing. It'll mirror gold, but probably
• 5:56
  in a more spectacular fashion. And the big banks, the same ones
• 6:00
  that mocked Bitcoin, are now using it as collateral breaking.
• 6:03
  JP Morgan Chase just announced they'll accept Bitcoin as
• 6:07
  collateral for loans. Yes, Jamie Diamonds bank, the
• 6:10
  same guy who once said Bitcoin was a fraud.
• 6:13
  Meanwhile, Michael Saylor's Micro strategy just bought
• 6:15
  another 390 BTC, bringing their stack to 640,808 Bitcoin.
• 6:22
  They're not buying Jpegs, they're buying the new monetary
• 6:26
  foundation. Bitcoin is going to become the
• 6:28
  monetary standard of the world over the next two decades and my
• 6:33
  grandkids will transact in SAT's, not dollars.
• 6:36
  The dollar will be gone. But but two decades is a long
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  time. It's not going to happen
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  tomorrow. You know, dialing in on the
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  shorter term. What I kind of see is I think,
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  you know, we're, we're now at a period where there's a lot of
• 6:52
  pessimism and negativity and everyone's frustrated.
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  And which is kind of odd because we're still up 70 or 80% year
• 6:58
  over year from last June. But gold is kind of stealing the
• 7:01
  spotlight for a little while. And that's kind of got people
• 7:04
  concerned. And it doesn't have me concerned
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  at all because if you look at the 1819 and 20 time frame,
• 7:10
  particularly 19 and 20, what happened is gold took off first
• 7:14
  because it's more broadly distributed and it smelled all
• 7:16
  the monetary debasement. And then Bitcoin woke up and
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  went from 10 to 60, 10,000 to 60, you know, really fast.
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  And it's like, you know, the Christopher Walken thing, you
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  know, the lion sits around for a long time, doesn't do anything
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  and then wakes up one day and just goes down and kills
• 7:30
  everybody. And that's what's that's what's
• 7:32
  going to happen with Bitcoin. Bitcoins going to just come out
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  and wipe everybody out in the next, you know, year, in my
• 7:38
  opinion. So to me, we're just, we're
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  sitting at A, at a very exciting point in time.
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  You know, gold has gone up a lot.
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  I've, I've been selling some of my gold, selling some of my gold
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  stocks and positioning into Bitcoin.
• 7:51
  And I have a lot of Bitcoin to begin with.
• 7:52
  But you know, the, the, the 2 are, are they work in tandem,
• 7:58
  but gold is generally an early warning sign.
• 7:59
  And So what I would say to everyone who's concerned that
• 8:01
  Bitcoin hasn't been going straight up recently is that
• 8:05
  gold tells you that the financial U.S. financial system
• 8:07
  is in a very, very precarious position and the world has woken
• 8:11
  up to it. From bricks to the Gulf,
• 8:13
  countries are moving away from the dollar.
• 8:15
  Gold buying by central banks is at record levels, 830 tons in
• 8:20
  2025 alone, the 16th straight year of accumulation.
• 8:25
  They stopped selling gold in 2010.
• 8:27
  Now they can't stop buying it. And you know what else they're
• 8:30
  watching? Bitcoins chart against gold.
• 8:33
  Gold just hit resistance and rolled over.
• 8:35
  And Bitcoin is bouncing off support in the Bitcoin to gold
• 8:38
  ratio, according to Crypto Daily.
• 8:40
  When Bitcoin breaks above 41 ounces of gold, it'll set a new
• 8:44
  all time high against gold. Now, according to NYDIG, Bitcoin
• 8:48
  isn't an inflation hedge, it's a liquidity barometer.
• 8:52
  And more on NYDIG being completely highly regarded in a
• 8:56
  moment. But it doesn't care about CPI.
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  It moves when the dollar weakens and when rates fall.
• 9:03
  Well, geniuses, what causes an explosion in liquidity?
• 9:07
  And what happens to the money supply when rates fall?
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  Is CPI inflation or is an expansion of the money supply
• 9:16
  inflation? Yeah, numb nuts.
• 9:18
  Now put down the Keynesian peace pipe.
• 9:20
  Oh, it's not an inflation hedge. While laying out how Bitcoin
• 9:23
  goes up when the money supply expands.
• 9:26
  Less Marx and more Mises, for the love of God.
• 9:30
  No, I don't think I became very anti Keynesian.
• 9:34
  I became very anti Keynesian policies eventually, but I never
• 9:38
  became anti Keynesian. If you think of Keynes as the
• 9:42
  economist, I think Keynes was a great economist.
• 9:45
  No, I did, yeah. OK.
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  And I think The General Theory is a great book.
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  It's just is that I think it offered a hypothesis which was
• 9:53
  subjected to the evidence, turned out to be wrong.
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  It was an insightful hypothesis. It was a very ingenious
• 10:01
  hypothesis. The only difficulty with it
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  whether it didn't work. And what do we have now?
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  312 rate cuts, falling yields and a weakening dollar.
• 10:11
  Pretty much watching the perfect storm for Bitcoin to go
• 10:15
  ballistic. The dominoes keep falling.
• 10:17
  Eric Trump's American Bitcoin just bought 1414 BTC for 163
• 10:22
  million. And when asked why, he said
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  countries like the UAE are already buying Bitcoin behind
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  the scenes. Why should any government be
• 10:32
  buying Bitcoin? Because it's the single greatest
• 10:34
  performing asset over the the last decade, increasing in value
• 10:37
  70% a year, year over year, every year, like Germany a
• 10:41
  couple years ago. There's a great article, you'd
• 10:42
  probably, you might know the exact numbers, but Germany had
• 10:44
  like 30,000 Bitcoin or something along those lines.
• 10:47
  And they, they sold it right away.
• 10:48
  They monetized it into, you know, their currency and, and it
• 10:51
  was like the worst investment ever made by a government.
• 10:53
  And, and by the way, that's a pretty damn low bar, as you
• 10:55
  know, right? The government should definitely
• 10:58
  have have certain crypto assets on their, on their balance
• 11:02
  sheet, mainly, mainly Bitcoin and actually the United States
• 11:05
  government does, right. You have a lot of forfeitures
• 11:07
  and, and, and they've taken a, a great stance saying that we're
• 11:10
  not selling any of it. You have a lot of countries
• 11:12
  around the world that are actively buying.
• 11:14
  If you go to, you know, the UAE, if you, if you go to a lot of
• 11:16
  countries, they are actively putting that in their
• 11:19
  treasuries. And you look at the Fortune 500
• 11:20
  companies, they are actively hoarding Bitcoin.
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  The biggest families, the biggest companies, you know,
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  countries, sovereign wealth funds and individuals are all
• 11:28
  hoarding Bitcoin, right? It's, it's why it's been as
• 11:30
  explosive as it is. And it's funny, people like, oh,
• 11:33
  well, Bitcoin's down by 3% now. It's like this time last year
• 11:36
  Bitcoin was up like 55,000 or 60,000 roughly.
• 11:40
  It's had unbelievable explosive growth.
• 11:42
  Even rumble yes, the video platform is integrating Bitcoin
• 11:46
  tipping for its 51 million users this December.
• 11:50
  That's basically mainstream adoption staring right into our
• 11:53
  face holes. Now before we dive into the war
• 11:56
  brewing inside Bitcoin itself, look at our likes 3 or 4 times.
• 12:00
  Maybe I pumped those numbers up. Those are rookie numbers in this
• 12:03
  racket. Let's take a quick second for
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• 12:52
  Now inside Bitcoin, a new battle is brewing.
• 12:56
  A mysterious developer dropped BIP 444A temporary soft fork to
• 13:01
  restrict arbitrary data like ordinals inscriptions, something
• 13:05
  about Wizards. I don't know.
• 13:07
  But supporters say it's to prevent illegal content from
• 13:10
  threatening node operators. Critics call it censorship,
• 13:13
  Orwellian control. Luke Desh Junior says it's an
• 13:16
  emergency fix. Jameson Lop Return and Peter
• 13:20
  Todd say it's an attack on Bitcoins neutrality.
• 13:23
  If the miners and users split, it could trigger one of the
• 13:26
  biggest governance showdowns since 2017.
• 13:29
  This isn't entirely a code debate.
• 13:31
  It's a test of what Bitcoin fundamentally is, a neutral
• 13:35
  settlement layer or a sensor chain controlled by developers.
• 13:38
  And the timing couldn't be more poetic.
• 13:41
  As 312 central banks print money to oblivion, Bitcoiners are
• 13:45
  fighting to keep their protocol incorruptible.
• 13:48
  That's the contrast of our era. They print money and we fight
• 13:52
  for truth in code. 312 rate cuts, 338 trillion in debt, 6.6
• 13:58
  trillion fed pivot. Gold near record highs just hit
• 14:01
  all time highs and you know what I mean.
• 14:03
  Bitcoin ready to reclaim dominance over gold.
• 14:06
  And Larry Leopard put it best. Bitcoin is going to become the
• 14:09
  monetary state the world over the next two decades.
• 14:12
  That's not hyperbole. That's the logical endpoint of a
• 14:16
  broken system. Because when the people who
• 14:18
  print money start hoarding the things, they can't print gold
• 14:21
  and Bitcoin, the game's already over.
• 14:23
  The detonation already happened. The shockwave's just reaching us
• 14:27
  now. This is the great monetary
• 14:29
  reset. And Bitcoin isn't just surviving
• 14:31
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• 15:00
  enjoyed this one smash the like subscribe and give us a pant by
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  got tons of great stuff stuff coming your way from Sophie
• 15:11
  Dante oceans they're all dropping heat, so keep your head
• 15:13
  in a swivel and I'll catch you next time love you guys.