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$37T BOMBSHELL Confirms Bitcoin is About to EXPLODE!? | Bitcoin Simply · Simply Bitcoin

• 0:00
  Are you sitting down? the US national debt just
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  crossed $37 trillion for the first time in history. the US
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  budget deficit is projected to hit 9% of GDP by 2034.
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  These are wartime levels. These are crisis levels.
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  And this is resuming. No recessions.
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  Deficits are the new normal as cities like Chicago are
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  budgeting a $211 million deficit from the jump.
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  The head of global macro at a $7 trillion asset manager just said
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  what we've been feeling but haven't been able to articulate
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  visually with data. Nobody really wants to buy the
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  dollar. People are preferring gold, the
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  euro and the yen over the dollar in the US bonds.
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  Where have we heard this before? I.
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  Think in the intermediate term, nothing really stops this train.
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  I think this is kind of locked in for quite a while and it's
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  not like calling for something major by next year or the year
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  after. But I do think that we are now
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  more structurally in this period where we can't necessarily
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  assume that the Ford sector is going to be buying a lot of our
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  treasuries. We can't assume that the private
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  sector is always ready to going to step in with reasonable
• 1:02
  yields and even to the extent that they do, basically anyone
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  holding those is likely to get, you know, gradually devalued in
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  terms of their purchasing power over the next 5-10, fifteen
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  years. The world is gradually, then
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  suddenly, moving to a new standard, the Bitcoin standard.
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  As Lynn Alden says, nothing stops this train.
• 1:21
  This is Dante Cook with Bitcoin. Simply, let's go.
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  Confidence in the US dollar is dropping faster than OKC players
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  looking for fouls in the NBA Finals.
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  And like refs, it's amazing that people still continue to buy
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  this crap, but more and more people are waking up to the
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  reality of a broken system 1 system.
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  The dollar system has an unlimited supply of dollars that
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  can be created. 30% of all dollars have been created in the
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  last five years, and the decisions to create more of them
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  are from unelected bureaucrats. Contrast this with Bitcoin.
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  There's a 21 million fixed supply cap.
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  There's only 5% more supply left to be mined or minted and it's a
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  decentralized system. What do you think is better?
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  People know this and they're rushing to buy Bitcoin and
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  that's why Bitwise CIO Matt Hogan says that there's going to
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  be 30X more demand for Bitcoin then there's going to be supply
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  this year. If you look at the supply demand
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  characteristics of Bitcoin right now, I hate to be really simple,
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  but the amount of new Bitcoin being produced next year is
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  164,250 and we think ETFs will buy half a million, corporations
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  will buy 350,000, and governments will buy between
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  somewhere between 0 and 2 million Bitcoin.
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  So far on a year to date basis through March 6, this is what's
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  happened. There's been 57,000 new Bitcoin
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  produced, ETFs have bought all of it and then corporations have
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  bought another 3X and I think governments have bought about
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  40,000 Bitcoin as well. More and more people are buying
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  and huddling and not selling as Bitcoin has continued to be over
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  100K for 43 consecutive days. Here's a cool stat, in 16 years
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  of bitcoins existence there have only been 16 days with prices
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  higher than today. Meaning that if you randomly
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  bought Bitcoin at anytime during that history, well you'd be up
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  99.4% of the time. And that's because there's more
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  than just individuals buying Bitcoin now, there's companies
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  like similar Scientific who just hired Joe Burnett.
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  Congrats Joe to head up their Bitcoin strategy saying that
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  they're going to buy and have 10,000 Bitcoin by the end of
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  2025, forty 2000 Bitcoin by the end of 2026 and 105,000 Bitcoin
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  by the end of 2027. These corporate buyers are
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  buyers, toddlers and not sellers as the buy to sell activity in
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  buys versus sells has been over 99 to 1.
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  And this isn't true for just corporations.
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  Individuals have been waking up to Bitcoin and the reality that
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  can have for them in their portfolios $11 trillion.
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  Asset manager BlackRock spills the tea on what they're seeing
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  from buying from individuals who are just waking up to the
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  reality of what Bitcoin can mean for them.
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  We enabled through those boring old capital markets, we enabled
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  people to have institutional quality, to have BlackRock
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  quality Bitcoin exposure. And that became the first, the
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  the fastest exchange traded funds to hit 30 billion, 40
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  billion, fifty billion, 60 billion, and last week, $70
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  billion.72 billion, $72 billion in assets.
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  I was going to say, but who's counting?
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  I guess he's counting more than we're counting $72 billion in
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  assets. And I think that proved how many
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  people wanted these exposures but actually wanted them within
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  their boring old whole portfolio of the capital markets.
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  So that was that bridge strategy in terms of enabling that
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  crossover between the two. And personally, I believe that's
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  still just getting started. An interesting fact about I bit
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  that I think is quite remarkable is that of the 25 largest ETFs
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  in the world, the youngest one aside from I bit is 12 years
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  old. I bit is 18 months old.
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  And I think that's a great demonstration to this ecosystem.
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  I also think it's a great demonstration to be candid.
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  Just everything in the world is happening faster.
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  Franklin Templeton, CEO, just echoed a similar sentiment.
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  Bitcoin is being incorporated into model portfolios, meaning
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  for every dollar that flows into these retirement accounts or
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  investment vehicles, well, they're automatically buying
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  Bitcoin. Right.
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  So the big move in the industry has been toward model portfolios
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  which bring together equity exposure, fixed income exposure
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  and alternative exposure. And and these crypto ETFs are
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  being used as a form of alternative exposure in these
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  model portfolios. So if I give my advisor $100 and
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  it has a 6% allocation to Bitcoin ETFs in it, $6 of that
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  $100 is going into Bitcoin ETFs every time I add money to that
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  account, right? So these model portfolios have
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  just been a gun to emerge from the leading financial players
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  like ourselves. And this is what is allowing the
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  wealth platforms to now start to really put that out in front of
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  their advisors. And this is just beginning.
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  And I firmly expect that over the next 18 months, you're going
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  to see more and more and more of these platforms add these
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  products. It's going to be automatic
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  allocations every time new money comes in, in part going to these
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  ETFs. And you're going to just see
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  demand continue to ramp up pretty dramatically, I think,
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  for at least the next two to five years.
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  And just like these two examples of people buying Bitcoin and not
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  selling it, well, you have the opportunity to join that crew.
• 7:06
  But if you want liquidity from your Bitcoin, sort of like
• 7:09
  everyone's always done with Helox in real estate, you don't
• 7:12
  sell your house, you just unlock liquidity from that asset
• 7:15
  without selling the asset. And you can do that with leaden,
• 7:19
  the leader in Bitcoin back loan since 2018.
• 7:21
  Get worthless Fiat dollars in your account in less than 24
• 7:25
  hours by posting Bitcoin collateral.
• 7:28
  It's pretty simple, fast and transparent is the name of the
• 7:31
  game, which is why they have over 1005 star customer reviews.
• 7:35
  They've never lost a single cent or set of customer money and
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  loan started just 12.4%. But for you, you can get .25%
• 7:42
  off your first loan by going to learn dot leaden dot AO slash.
• 7:45
  Simply, people are also also waking up to the reality that if
• 7:48
  they leave their money on exchanges like I bid or Franklin
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  Templeton or these other platforms, well, it's likely to
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  get stolen or hacked. Case in point, 16 billion
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  passwords from Google, Apple and Facebook were just leaked.
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  And according to River, only 50% of Bitcoin is held in self
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  custody, which means there are trillions of dollars worth of
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  assets out there that people are leaving up to risk.
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  Case in point, hackers just hacked the largest Iranian
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  crypto exchange and simply destroyed $90 million worth of
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  people's assets. If this doesn't want to make you
• 8:23
  schedule a meeting with the Bitcoin way, I don't know what
• 8:26
  will. Schedule a free 30 minute
• 8:28
  consultation with their team so this doesn't happen to you or
• 8:31
  your assets. Confidently, safely and securely
• 8:34
  remove your Bitcoin from third party exchanges and manage your
• 8:37
  own private keys. But get a coach and don't do it
• 8:40
  alone. Go to thebitcoinway.com/simply
• 8:42
  Bitcoin to get started with a meeting.
• 8:44
  The world is experiencing A regime change.
• 8:46
  They're going from analog to digital, from physical space to
• 8:50
  cyberspace, from controlled media to decentralized media of
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  the people. And This is why you see things
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  like Twitter CEO saying that they're not only going to have
• 8:59
  peer-to-peer messaging, but peer-to-peer payments in a store
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  of value natively built into their platform.
• 9:06
  Imminently, literally imminently could happen during this talk.
• 9:09
  It's going to be. Unlimited.
• 9:11
  Video right in the US we're. About to launch X Money?
• 9:17
  You've seen the enhancements with.
• 9:18
  X chat. For premium users off.
• 9:22
  The charts capabilities, so think about what we're doing
• 9:24
  instead of getting distracted by click bait noise you're thinking
• 9:27
  about. More people.
• 9:30
  Coming to the platform to spend more time to do more things.
• 9:35
  You know soon you're going to be able to live.
• 9:37
  Your whole financial life on the platform.
• 9:40
  Peer-to-peer payments, Stored value.
• 9:42
  Pay a creator, watch a paper. You know, pay-per-view.
• 9:46
  I mean. Come on this we're talking about
• 9:48
  what's next, not what stuff you talk about.
• 9:50
  It's like a fantasy of the. Past so I wouldn't.
• 9:53
  Be here spending jam packed five days if we didn't have
• 9:57
  tremendous partners. Along with us, for you newbies
• 10:00
  out there, this has actually been done in a decentralized
• 10:03
  way, and that's Noster. But that's neither here nor
• 10:06
  there. The signal is still pretty big.
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  the US has a debt problem and even media companies are
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  understanding that they have to remove themselves from the
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  existing systems of operations. The system cannot function
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  without more money being printed into the system.
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  Manipulation is the new normal. Fiscal irresponsibility is the
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  new standard. And they will continue to print
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  and print and print until the Fiat currency is worthless.
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  This is all unless you move to a Bitcoin standard.
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  Don't listen to Ricky Bobby's dad who said if you're not
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  first, you're last. There's still plenty of time to
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  get on board, but you don't want to miss the train when it leaves
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  the station. It's not too late, but we're
• 10:43
  getting closer and closer to the moment of inevitability when one
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  Bitcoin will be the new American dream.
• 10:50
  But that's for another episode. The Simply team is looking
• 10:52
  forward to meeting you and reconnecting with you down in
• 10:55
  Dallas, TX from November 11th through November 13th at the
• 10:58
  Mining Disrupt conference. 20% of your tickets off, we're going
• 11:02
  to hook you up by using the promo code Simply Bitcoin.
• 11:05
  As always, thanks for locking in and hopefully you learn
• 11:08
  something new. Subscribe to the channel if you
• 11:10
  already haven't, this is Dante Cook with Bitcoin simply.
• 11:13
  Happy stacking.