Latest / Simply Bitcoin / THE INSTITUTIONS ARE COMING FOR YOUR BITCOIN | SIMPLY ORIGINALS
Transcript
- 0:00There are forces currently at play that are looking to take
- 0:03every last single sat that you have ever hoped to dream to hang
- 0:08on to. Because Bitcoin is the scarcest,
- 0:11best asset that humanity has ever seen and the powers that
- 0:15have trillions of dollars will entice you in whatever way they
- 0:20can to get that from you. You need to understand this
- 0:23because it is happening sooner than you think.
- 0:28My hope is that by the end of this video, you understand
- 0:31scarcity a little bit better than you did before you started
- 0:35it. My true hope is that you will
- 0:36understand that Fiat is garbage. It is comparable to sand.
- 0:41It is absolute trash compared to what Bitcoin is.
- 0:46Let me try and break this down in a simple a way as possible.
- 0:50Fiat can be printed ad nauseam. The powers that be can make as
- 0:55much of it as they want. There is no limit, There is no
- 1:00cap. There is nothing, no force at
- 1:04all that will stop them from printing as much as they want.
- 1:07And I don't mean actually printing.
- 1:09You might come and say, well, there's a certain number of
- 1:11trees there. Miss Larado Sapien, here's a
- 1:14challenge for you. Open up any sort of text,
- 1:16document, thing, word, pages of notepad, whatever, and then
- 1:20press and hold 9 and just sit there for the next 10 years
- 1:24holding 9. And they could make way more
- 1:26than that if they wanted to. They can make any arbitrary
- 1:29massive number that they want to.
- 1:31You've probably seen the pictures of the children in the
- 1:33streets of Weimar Germany with stacks of paper currency and
- 1:37that couldn't even buy them a loaf of bread.
- 1:39Fiat can be inflated, can be debased with no limit.
- 1:43There is no limit on that. And the individuals that are
- 1:47control of the money spigot will print until the cows come home.
- 1:51They'll print as much as they possibly want.
- 1:53There is no stopping them. Here's another example.
- 1:56If you were interested in getting into an automotive
- 1:58stocklet, for example Tesla or Ford, you might also look at
- 2:02rubber producers. Then you might even go a level
- 2:04beyond that. You might start looking at the
- 2:06transportation industries that move these various parts from
- 2:10one part of the world to the next, because Ford and Tesla are
- 2:12getting parts from all over the globe.
- 2:14So you might look at how those get around and there's really no
- 2:16into this. And you can see BlackRock doing
- 2:18this already in many sectors. They have their finger in pretty
- 2:22much every pie that they possibly can because some of
- 2:25those pies are going to really pop off, they're going to do
- 2:27really well and they're going to make up for the losses that the
- 2:30other pies incur. But why get into energy or
- 2:33mining stocks or transportation or wires or conductors or any of
- 2:37these things if you can own the underlying asset yourself?
- 2:40What you have access to is the exact same thing that the big
- 2:44boys have access to. They don't get any preferential
- 2:47treatment. And you might go, well, what
- 2:49about paper Bitcoin? What about all the
- 2:51rehypothecation? And what about the the inflated?
- 2:54That's the thing. None of that matters.
- 2:57It does not matter because you can take self custody and taking
- 3:02self custody of your Bitcoin might be one of the, if not the
- 3:05most important things that you can do.
- 3:07Please, if you don't know how to take self custody, reach out to
- 3:11the Bitcoin way and ask them. Schedule a free 30 minute
- 3:14consultation call and get that handled.
- 3:16It might be the single most important thing that you can do
- 3:20in the Bitcoin space. The reason taking self custody
- 3:23is so important is because once you have it, there is no
- 3:26rehapothecation that can happen. There is no Flynn flammery that
- 3:30can happen. There is no.
- 3:31Oh, well, we thought we gave it. Didn't you already get it?
- 3:34Oh, what we thought. Oh, and then it went.
- 3:35Well, I guess you don't actually have anything.
- 3:38Whoopsie, Daisy. We sold it the BlackRock, and we
- 3:40don't have any left for you. That can't possibly happen if
- 3:43you safely secure your seed words on something like the
- 3:47stamp seed and you have a Foundation Passport hardware
- 3:49wallet. There are many other options,
- 3:51but those are some of the good ones out there.
- 3:52If you do that, the only possible way that somebody could
- 3:55come and get that from you is if somebody offered you an enticing
- 3:58enough offer, they could say, hey, how about $1,000,000 and
- 4:00you could say no and they go how about a billion dollars and you
- 4:03go no. And you might think, Oh well, I
- 4:05would absolutely accept a billion dollars for this.
- 4:08Would you? Would you really?
- 4:09I certainly hope not. Because in a world where
- 4:11billions of dollars are being thrown around to try and buy
- 4:14Bitcoin from people, then that means almost certainly that
- 4:18things have hyperinflated to astronomically absurd levels.
- 4:22Homes are costing trillions of dollars.
- 4:24A hamburger is costing hundreds of thousands of dollars.
- 4:27Your rent is higher numbers than you even want to think about.
- 4:30But that doesn't matter if you have the scarcest asset that has
- 4:34ever existed and you have it in your own custody.
- 4:37That is why I said some time ago, do not sell your Bitcoin to
- 4:40BlackRock. Do not sell your Bitcoin to
- 4:43anybody. Buy it and hold it and keep it
- 4:46and do not get rid of it for any reason.
- 4:49Period. It's really that simple.
- 4:51It's really actually that simple.
- 4:53I'm gonna paint a very plausible picture for you here real quick.
- 4:56David Deutsch is a physicist and he wrote a book called The
- 4:59Beginning of Infinity, and in that book he makes the claim.
- 5:01And it is a perfectly reasonable claim that the only thing
- 5:04stopping us from doing literally anything that we want it's the
- 5:08laws of physics and a lack of knowledge.
- 5:10If what you want to do does not break the laws of physics, then
- 5:14the only thing stopping you from doing it is a lack of knowledge.
- 5:17What this means is that at some point in the distant future, it
- 5:21is very possible, completely possible that you could have
- 5:25something the size of this chapstick, send it out into
- 5:28space, into the depths of space where there is almost nothing,
- 5:32the absolute vacuum of space. It could start drawing in
- 5:35particles and build entire solar systems from that.
- 5:38That is possible. There is nothing in the laws of
- 5:41physics that says that can't happen.
- 5:43The only thing that is stopping that from happening is a lack of
- 5:47knowledge. The reason I'm saying that is
- 5:48because what do you think people will be using as money when we
- 5:51reach that state of advancement? Do you think that we'll be
- 5:54sending our chapstick sized Galaxy makers out there because
- 5:57we've got so much system and everybody printed a begullion
- 6:02dollars and no, they'll be using Bitcoin because it is the
- 6:06scarcest, best money that has ever existed.
- 6:08So I end on this question. Do you want a piece of the
- 6:11monetary system that will allow you to buy entire solar systems
- 6:14or do you want Chuck E Cheese prizes?