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US Government Dumps Bitcoin for Strategic Peso Reserve?! | Bitcoin Simply · Simply Bitcoin

• 0:00
  Crazy news. the US government just made a purchase for its
• 0:03
  strategic reserve, and it wasn't Bitcoin, it was the peso.
• 0:11
  Yeah, you heard me right. the US government just made a purchase
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  for a strategic reserve in a dying Fiat currency before it
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  bought the best money ever made. And when asked if there was a
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  bailout, this is what Scott Besson had to say.
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  So this isn't a bailout. Sorry, it's not a bailout at
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  all. There there's there's no money
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  being being transferred. This is a bold faced lie.
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  This wasn't just a swap. You said yourself that we
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  purchased pesos directly. At the same time this week,
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  Scott Besson also declared war on China, Russia and big banks,
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  signaling at the beginning of a global economic war.
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  And it's a shift away from the dollar that analysts like Lynn
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  Alden and Larry Laparte are talking about that has my ears
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  perked up. While the US government not
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  purchasing Bitcoin as a strategic reserve asset.
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  It's a slap in the face like my eagles getting slapped last
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  night by the giants. The groundwork is being laid for
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  an economic explosion over the next decade.
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  The Fiat meltdown is beginning right in front of our eyes.
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  We're going to see what this thing is all about on today's
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  episode of Bitcoin Simply, Let's Go.
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  Explain to our viewers what is going on with Argentina because
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  the US Treasury today directly purchased Argentine pesos and
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  finalized this $20 billion currency swap framework with
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  Argentina's central bank. So the intent, I guess, is to
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  provide assistance from the Latin American countries
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  economic turmoil. It's clear how Argentina
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  benefits from this deal. What do we get out of it?
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  We we get a lot out of it. Argentina is a beacon in Latin
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  America. President Malay has done the
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  right things. He is trying to break 100 years
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  of a bad cycle in Argentina. He is also a great ally for the
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  US. He'll be coming to the Oval
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  Office next Tuesday. And he is committed to getting
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  China out of Argentina. Did you hear that?
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  That's what this is all about. It's about China. the US is
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  declaring war on China by opportunistically bailing out
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  the Argentinian peso, which is one of the worst Fiat currencies
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  in the world. They're assembling a global
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  economic alliance. Scott Besson in the US are
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  making it very clear they're seeking to forge alliances that
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  weaken China and also continue to propagate the dollar across
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  the globe. Here's another interview from
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  Besson this week that confirms this exact thing.
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  It's already sanctioned on Russia.
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  The president urged all the NATO countries to place tariffs on
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  China if it continues to buy Russian oil.
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  What more can we do financially to put the squeeze on Russia
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  here? Laura, good to be with you.
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  And we we're doing a lot on Russia, but the real culprits
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  here have been the China and India in terms of buying Russian
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  oil. They are keeping the Russian war
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  machine going, and we put a 25% Russian oil tariff on India.
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  And I think soon we're going to see a rebalancing where they're
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  buying less Russian oil, more American oil.
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  And if we were to do the same thing on China, I think the the
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  war would end quickly. But we need our NATO or European
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  allies to join us. It's sources and uses, and the
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  source of the Russian money is this oil.
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  And China's the leading buyer. So it's ag and oil And do you
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  think in your estimation you've run all the numbers?
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  Would this war be possible now were it not for China and
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  India's involvement in the in those purchases?
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  Absolutely not. So they're keeping the war
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  going. They're keeping the war going.
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  But as I said, it's my strong belief that India is going to
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  start rebalancing the over the next few weeks and months and we
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  will see a diminishment of Russian oil in favor of U.S.
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  oil. They're trying to hit China's
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  wallet where it hurts fast, and they're calling on our allies to
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  help us. And that means, ladies and
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  gentlemen, we're entering into an economic war, one where the
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  United States dollar slowly loses power in favor of a bunch
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  of other alliances. Some might call this a
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  multipolar world. As central bankers stack gold at
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  unprecedented rates all across the country, the United States
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  dollar is slowly losing its reserve currency power.
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  As central banks begin stacking gold at unprecedented rates all
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  across the globe, alliances will begin happening between other
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  countries together for raw commodities and other raw
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  materials in what they call swaps.
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  This is going to remove market share for the US dollar. the US
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  is only hope is to begin striking deals with these other
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  countries as demand for our currency via treasuries is
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  continuing to decline. Lynn Alden spoke about this in
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  an amazing conversation that she had with BTC Sessions earlier
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  this week. It's an amazing combo if you
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  haven't already heard it, and she says that Q4 is going to be
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  pretty bullish for Bitcoin. Means if anything, gold is, is
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  actually on the verge of flipping treasuries as the
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  number one reserve asset. And so I think what replaces the
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  dollar is not, not something that looks like the dollar, not
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  like, you know, China currency, you know, enters an 80 year
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  period of being the global reserve currency to the same
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  degree. It's not like that.
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  It's two things. It's one neutral reserve assets
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  becoming more relevant. So gold's the big income.
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  Then obviously we're both bullish on Bitcoin.
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  Bitcoin is a really powerful one because it's not only a reserve
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  asset, it's also a settlement network.
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  So some of the smaller ones are dabbling in that, you know, a
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  Salvador Kingdom of Bouton, some others, and then two more
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  bilateral trade agreements. So not necessarily this is like
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  some bricks currency per SE, but that, you know, China buys
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  agricultural products from Brazil in Chinese currency or
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  China buys Russian energy in Chinese currency.
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  So China is kind of a big hub, but not not to the same degree.
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  It's more like with their own trading partners.
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  And then to some extent, you know, India and Russia have
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  their agreements and India and Brazil have their agreements and
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  kind of a collection of not necessary friends, but mutually
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  aligned partners have more of their own kind of non dollar
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  training situation. And so I think we're in the ring
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  by this literally since 2020 is that we enter more multipolar
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  world. So not a not a single Fiat
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  currency replacing us, but more gold, more Bitcoin, more
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  bilateral non dollar systems. And the dollar still might be
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  the biggest for a long time, but instead of being like the only
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  game in town, it's like one of the big games in town, maybe
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  still the single biggest, but it's a plurality rather than
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  dominant. Now, but she nails it on the
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  head. We're moving to a multipolar
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  world. And all of this is positive for
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  Bitcoin because just like gold, well, Bitcoin is one of the only
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  other things in the world that you cannot manipulate.
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  And that's why central bankers will begin acquiring Bitcoin.
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  Bitcoin wraps around all of this independent of it being a
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  reserve currency, which I think it just has better, better
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  fundamentals because you don't have central bankers who can
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  print money out of thin air and inflate the money that you have
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  in your bank account or in your pocket.
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  Every single day that goes by, your U.S. dollar gets less and
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  less valuable because they're printing more and more money.
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  You can't do it that Bitcoin. You can't do that with Bitcoin.
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  They can only go up overtime because there's a fixed amount
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  of 21 million. Gold and Bitcoin are the hard
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  money outside of the Fiat system, and that's why it will
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  continue to go up and that's the next decade that we're looking
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  at. People are acquiring gold
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  because they realize that Jerome Powell is an emperor without
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  clothes, meaning that his ability to effective policy
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  rates actually has no impact. They have no control in the
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  market at the Fed anymore. And so you begin acquiring
• 7:32
  assets that cannot be manipulated out of the system.
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  We're going to get to a great clip from Larry Leopard who
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  talks about this exact thing and what this means for the next
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  decade in Bitcoin and commodities as we look at the
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  structural changes happening, a declining trust in the Fed and
• 7:45
  also this multipolar world that Lynn just talked about.
• 7:48
  But before we do that, let's thank our sponsors.
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• 8:52
  Bitcoin. Let's get back to the show.
• 8:54
  More and more we are getting people to join our team like
• 8:57
  Larry talked about at the end of the video.
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  Powell is bluffing. He says we're going to get
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  inflation back to 2%. He says we haven't lost control
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  even though he has and the market believes him because the
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  forward swaps are at 275 for five year inflation.
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  It's bullshit, but people believe him.
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  When things start to break, he will have to change his tune
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  well before the inflation rate is 2% and everyone's going to
• 9:21
  go, uh huh, that's interesting. He really has lost control.
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  He cannot get inflation down. All those guys have been talking
• 9:29
  about inflation is inevitable. They are right.
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  And then you're going to see just an enormous movement of
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  capital from other things into our things.
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  There's $450 trillion of Fiat shit in the world, Cash, stocks
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  and bonds, all of Bitcoin. What does it say?
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  350 billion, 400 billion. So 450 trillion, you know, 400
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  billion of Bitcoin, let's call it 6 or 7 trillion of sound
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  money, Bitcoin, gold, gold, stocks.
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  OK, 450 trill of unsound money, bonds, cash and stocks.
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  When a quorum of the people come to the conclusion that they can
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  never stop printing and that it is inevitable that they will
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  have to continue to print, they are going to say please protect
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  my assets in stuff that you cannot be printed.
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  All it takes, it doesn't take the whole 450 coming into
• 10:22
  Bitcoin or gold for us to go way up in price.
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  Even if only 10% of it comes in, that's $45 trillion chasing 7.
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  How much does the value of our stuff have to go up?
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  You know, it's, it's true that in, in 1980 when gold was very
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  hot and very, you know, everyone thought inflation would go on
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  forever, right at the peak of that market before Volcker tamed
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  it, OK, in 1980, you know, gold represented 20% of all financial
• 10:48
  assets, you know, at that time, I mean, gold and Bitcoin today
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  represent less than 1% of all financial assets.
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  So there's plenty of upside here in the sound money stuff if one
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  assumes that they can never stop printing.
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  And I believe that, you know, with every, you know, every bone
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  in my body, I believe that. I, I think other people are
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  coming to believe that. But for our stuff to work, we
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  need more people to believe that.
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  And, you know, human beings do tend to, you know, want to
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  protect themselves. And so, you know, as the word
• 11:18
  spreads and as the inflation continues to get bad or worse,
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  more and more people are becoming aware, right?
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  I mean, more and more people are being orange peeled.
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  More and more people are aware of inflation.
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  More people are interested in gold.
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  I mean, you know, everyone kind of gets it.
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  I mean, this thing is broken. I mean, California, let's send
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  out checks to help with inflation.
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  Oh, that's a good idea. Spain just announced they're
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  doing that. More and more people are
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  beginning to see ads like your loyalty points on this credit
• 11:44
  card are absolutely worthless. Earn Bitcoin with every
• 11:47
  purchase. Like this ad in Times Square
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  from Gemini. People are also seeing front
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  page ads saying that you should buy Bitcoin over gold in India.
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  This is slowly going to get to retail.
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  As we know the smart money happens in institutions and
• 12:12
  companies 1st and on that note, more and more institutions
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  continue to stack Bitcoin. In fact, more institutions have
• 12:19
  already bought more Bitcoin than they did in 2024 thus far in
• 12:22
  October in 2025, meaning we have two months left and the last two
• 12:26
  months of the year are actually pretty bullish for Bitcoin
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  always. And they're realizing what we
• 12:31
  all should realize. It's just math.
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  And eventually this thing is going to continue to rise.
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  I think a lot of companies are doing it like you can.
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  You can consider Bitcoin to be an alternative savings account.
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  You can consider it to be like gold where it's shown a track
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  record over 16 years of just going up.
• 12:51
  It has its ups and downs, and people say it's volatile, but
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  like if you look at the long range, if you go to your stocks
• 12:57
  app and you look at all, you see the every four years, it does
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  the same thing. And it just consistently goes up
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  fairly predictably because it's math.
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  And I think companies have understood that.
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  And they're like, this is a hedge against the dollar.
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  I know the dollars I keep in the bank are losing value, so
• 13:17
  instead of having that, why don't I have Bitcoin that's
• 13:20
  gaining in value? So even though we hit all time
• 13:22
  highs this week and we've continued to chop sideways,
• 13:25
  well, the economic turbulence happening from this global
• 13:27
  economic war that's starting shows you that the system is
• 13:30
  changing right in front of our eyes.
• 13:32
  Pay attention, play the long game, don't get shaken out of
• 13:35
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  done so. Happy stacking.