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Trump’s Move Could Trigger a Bitcoin Supercycle!? | Simply Originals · Simply Bitcoin

• 0:00
  Breaking the Orange Man is not messing around.
• 0:03
  President Trump wants to pump Bitcoin now.
• 0:07
  Not only did he announce earlier this week that he is launching a
• 0:10
  Bitcoin ETF, but he is also demanding the Genius Act and the
• 0:14
  legal framework for Bitcoin and crypto on his desk immediately.
• 0:19
  An exclusive first look at what could be the biggest crypto bill
• 0:23
  of the year coming out of DC. Banking Chairman Tim Scott,
• 0:27
  along with Senator Cynthia Lummis introduced a framework
• 0:30
  today for a piece of legislation that would really provide the
• 0:34
  rules of the road for crypto and other digital assets.
• 0:37
  Now, this framework includes things like a definition of
• 0:40
  digital assets when they would be regulated as a security
• 0:43
  versus as a commodity of the framework for the bill commits
• 0:46
  to reducing regulation. And it also says that there is a
• 0:49
  need for a small common sense package of measures directed at
• 0:53
  things like preventing money laundering and sanctions
• 0:56
  evasion. Now, the bill is yet to come.
• 0:58
  But Lumnus, who called for the bill to pass before the end of
• 1:01
  the year, has said in a statement to CNBC that while the
• 1:05
  European Union and Singapore have established clear
• 1:07
  regulations, US continues to sit on the sidelines while the
• 1:11
  digital asset industry seeks greener pastures.
• 1:14
  That changes today. She says the new outline builds
• 1:18
  on momentum last week when the Senate passed a stable coin bill
• 1:21
  with strong bipartisan support. Trump is now pushing for the
• 1:25
  House to move on that bill, saying on Truth Social that the
• 1:28
  House must get it to my desk ASAP.
• 1:31
  No delays, no add-ons. But the House has their own
• 1:35
  version of not just the stable coin bill, but also today's
• 1:38
  introduced bill on market structure.
• 1:40
  And Chairman French Hill says he wants them to move together
• 1:43
  before the end of August. So a lot of crypto news coming
• 1:46
  up on Capital, Becky. What does he know that we don't?
• 1:51
  Is he potentially trying to front run the upcoming bull run?
• 1:55
  Today I'm going to dive into why Bitcoin is back over 107 K.
• 1:59
  And in case you missed it, the money printing super cycle was
• 2:03
  just announced. All right, while Jay Pao is
• 2:11
  playing hardball, the Fed just verified the most bullish
• 2:14
  Bitcoin bull run of our lifetimes because not only are
• 2:18
  rate cuts in July on the table, yes, you read that right, seven
• 2:23
  rate cuts are on the table for 2026 breaking.
• 2:27
  There is no flattening this curve and it's possible the
• 2:33
  money printing super cycle heading our way cancels green,
• 2:36
  green, green, red and a supply shock.
• 2:39
  Unlike like anything the world has ever seen since Bitcoin
• 2:42
  parabolic. We got massive news out of
• 2:45
  Texas, who apparently is about to smash by Bitcoin.
• 2:48
  And the largest mortgage insurer in America is exploring
• 2:53
  requiring borrowers to hold Bitcoin.
• 2:56
  That's right, it's happening. Not for if you just look at the
• 3:00
  basic data and don't look at the forecast, you would say that we
• 3:04
  would have continued cutting. The difference of course is at
• 3:08
  this time all forecasters are expecting pretty soon that there
• 3:12
  that some significant inflation will show up from tariffs now.
• 3:17
  And you know, we can't just ignore that.
• 3:18
  But but we're not, we're not. We're just saying let's wait and
• 3:21
  see more. That's all we're doing.
• 3:22
  And if you will have noticed, the substantial majority of the
• 3:26
  committee has written down rate cuts in the in the remaining
• 3:29
  four years for for meetings this year.
• 3:32
  So it's just a question of being prudent and careful and but at a
• 3:35
  time when the labor market is still strong, we don't see
• 3:39
  weakness in the labor market. If we did, that would change
• 3:41
  things. You know, we're going to
• 3:43
  continue to adapt as the data adapt.
• 3:46
  But that is the difference between then and now.
• 3:48
  Then inflation was forecasted to continue to come down here.
• 3:52
  It's forecast to go up by all forecasters.
• 3:54
  So and again, we're not overreacting to that.
• 3:57
  We're just saying, hey, let's, as long as the economy is
• 3:59
  strong, we can take a little bit of a pause here and that's what
• 4:02
  we're doing. And again, continue to adapt as
• 4:04
  the data comes in. If we see data that suggests
• 4:07
  that inflation is not going to produce big increases, that
• 4:11
  would matter. And if we saw the labor market
• 4:13
  weakening, that would matter too.
• 4:15
  But we don't see those things, Jay.
• 4:16
  Powell, yet again unwavered by the president, who had this to
• 4:20
  say about the Federal Reserve. They don't know what the they're
• 4:24
  doing. Do you understand that?
• 4:26
  I know you guys saw the Trump clip, but what about the vans
• 4:29
  flipping the bird? I think we all know by now this
• 4:32
  is not our grandma's government and the cage matches are surely
• 4:36
  coming next. I would love to Bruce buffer
• 4:38
  that by the way. But you know what will make you
• 4:40
  have to empty your pockets into the swear jar?
• 4:43
  This will do it. Boom as Bitcoin sniffs new all
• 4:46
  time highs. Global debt has three Xed since
• 4:50
  2008 to a whopping 324 trillion. What does that even mean?
• 4:55
  The US itself is already at 37 trillion and it's rising between
• 4:59
  80K to 100 KA. 2nd and spoiler alert, it's not going to slow
• 5:04
  down, it's going to accelerate. Rate cuts could come as soon as
• 5:08
  next month and you have the opportunity to front run the
• 5:11
  money printing supercycle. 7 cuts heading this way in 2026
• 5:15
  and Jay Powell dropped this little dime as well.
• 5:18
  The banks are coming. Banks are the regulated entities
• 5:22
  that are in the digital assets or crypto.
• 5:24
  Space. Our view is that banks get to
• 5:27
  decide who their customers are. That's not that's not our
• 5:29
  decision. And so banks are free to provide
• 5:33
  banking services to crypto, the crypto industry to crypto
• 5:37
  companies and bank. Banks are also free to conduct
• 5:40
  crypto activities as long as they do so in a way that is, you
• 5:43
  know, protective of safety and soundness.
• 5:45
  Thank you very much. Let let me shift gears because I
• 5:47
  want to give you just Speaking of banks.
• 5:49
  Look at this news from Barclays literally banning card users
• 5:53
  from buying Bitcoin while aping into Bitcoin ETS.
• 5:56
  It's a tale as old as Jamie Dimon.
• 5:59
  And the banks are coming and so are the US states.
• 6:01
  Here is Julian Ferrer on the Texas Strategic Bitcoin Reserve
• 6:05
  and what it means. Because when we talk about
• 6:07
  States and we talk about strategic Bitcoin reserves, as
• 6:10
  as wonderful as they are, often we're not talking about, you
• 6:16
  know, investment amounts that are going to be market moving on
• 6:20
  a case by case basis. Texas might be an exception
• 6:22
  being the 8th largest economy in the world.
• 6:24
  Many states are much smaller. But if you look at the size of
• 6:27
  these public pension funds, the orders of magnitude bigger, 10s
• 6:31
  of billions of dollars under management and these are funds
• 6:36
  that are underperforming. Yeah.
• 6:38
  So I would say, and I'm not the first person to realize this,
• 6:41
  many of these reserve bills have touched on this issue to try and
• 6:44
  get, you know, get approval, give the green light to these
• 6:47
  pension funds to invest in Bitcoin ETFs and other things,
• 6:50
  right? But I would say that's maybe the
• 6:52
  next story is what's going to happen with these public
• 6:55
  retirement funds because it's a lot of money and there's a
• 6:58
  there's a huge, huge need. Yeah, and I guess I want to
• 7:03
  scroll out here. Big picture, Texas just made
• 7:06
  this big move. What do you feel like this
• 7:09
  signals to institutions, lawmakers and like the next wave
• 7:13
  of Bitcoin curious dates going forward?
• 7:15
  Is this just full send ahead or I mean I don't know what do you
• 7:19
  think? I think it starts to, it's an
• 7:23
  incremental process, right? It's an incremental process of
• 7:26
  convincing of, you know, at the end of the day, we're talking
• 7:30
  about individual people whose minds need to be changed, right?
• 7:34
  Right. It's easy to forget that
• 7:35
  sometimes when you, when you zoom out and you talk about
• 7:37
  macro developments or, or quote UN quote, the market.
• 7:40
  What is the market going to do really?
• 7:43
  The market is made-up of individual people, right?
• 7:45
  Some of these individual people like Larry Fink and others who
• 7:48
  are responsible for making very important decisions about the
• 7:51
  trajectory of enormous asset managers in this country, at
• 7:55
  least they can be orange built. Yeah, just the same way that
• 7:59
  Michael Saylor was and that Larry Fink was, right?
• 8:01
  So they also have questions, they have reservations, and they
• 8:05
  have their own doubts. So every single time the state
• 8:08
  like Texas passes a Bitcoin reserve bill or, or any other
• 8:12
  bill, whether it's related to, you know, commercial codes or
• 8:14
  money transmitter laws or the Genius Act passing or anything.
• 8:18
  Speaking of Larry Fink in the Supply Shock, that's going to
• 8:21
  melt our faces. Look at these numbers.
• 8:23
  That is just BlackRock alone. More and more are catching on to
• 8:28
  what is happening and they are finding the solution and that is
• 8:32
  why there is a mad dash to pass legislation by this
• 8:36
  administration because if we are going to adopt Bitcoin as a
• 8:39
  means to mitigate the national debt, well then you better get
• 8:43
  to stacking and inflating that debt away.
• 8:45
  Oh wait, looks like we are moving back at 108 K now since
• 8:49
  we started working on the show this morning and this just in
• 8:52
  the SBR could be coming sooner than the other bills.
• 8:55
  Yes for the US to buy 1,000,000 Bitcoin.
• 8:59
  Check it out. You know, one thing if I can
• 9:03
  jump in on this, Cynthia and Cynthia's Bitcoin Act, I I think
• 9:09
  may actually end up being the one that we move forward on
• 9:15
  because of the strategic reserve that is there.
• 9:20
  And President Trump has done an executive order on that and
• 9:25
  Cynthia's leadership is so vitally important on that.
• 9:28
  Now here is one thing and it involves involves everyone that
• 9:32
  is in this audience. The more accepted Bitcoin
• 9:37
  becomes and then people realize there is an opportunity to take
• 9:42
  these assets that have been the confiscated assets and really
• 9:49
  put the base in place for a strategic reserve and how it
• 9:54
  helps us hedge against currency risk, how the growth helps us
• 10:00
  deal with the debt. These are are becoming
• 10:03
  components that are more widely received is more people have
• 10:09
  their blue wallet on their phone and they're looking at the value
• 10:13
  of their Bitcoin and the importance of President Trump
• 10:18
  moving forward with that and Cynthia's leadership to codify
• 10:25
  that action, I think has a significant impact and more of
• 10:31
  our members are realizing the value of doing that.
• 10:36
  Senator, let us talk about DID. You guys catch that new Bitcoin
• 10:39
  treasury company last night. Is it getting a little frothy
• 10:42
  out there? What do you guys think My
• 10:44
  personal advice is to buy Bitcoin, not a paper claim of
• 10:47
  Bitcoin while aiding someone else and buying Bitcoin other
• 10:51
  than yourself. Frothy.
• 10:52
  I don't know, but I'm not getting on board and there's
• 10:54
  still a lot of companies short and not holding Bitcoin on the
• 10:58
  balance sheet and a massively bullish development is taking
• 11:01
  place behind the scenes with Bitcoin and real estate.
• 11:04
  We're about to bring it home but before we do, look at our likes
• 11:07
  3 or 4 times maybe? I pump those numbers.
• 11:10
  Up those are rookie numbers in this racket.
• 11:11
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• 11:14
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• 11:17
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• 11:41
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• 12:11
  completely financially divested of any conflicts of interest
• 12:15
  with any healthcare companies, any stocks, any any lawsuits
• 12:21
  that I would financially benefit from.
• 12:23
  Are you, yes, you're completely divested, Yes.
• 12:28
  You have no financial interest in any lawsuit, crypto, none of
• 12:33
  that. No.
• 12:34
  Oh, crypto. I own some.
• 12:35
  I own Bitcoin. OK.
• 12:37
  And do you have any other securities or assets?
• 12:41
  I don't. I mean, I had to go through this
• 12:43
  with the Office of Government Ethics and I had a few interests
• 12:46
  that were very minor that I divested.
• 12:49
  OK, just checking. I'd always.
• 12:52
  It's a good. Question.
• 12:52
  I always like to know what the what the field is before I enter
• 12:56
  conversations, so thank you for that.
• 12:59
  RFK just said crypto never touched the stuff.
• 13:02
  I own Bitcoin, GFY, AOC and now big finish time.
• 13:07
  The most unaffordable housing market in history is showing
• 13:11
  signs of weakening and it looks like mortgages are about to get
• 13:14
  a Bitcoin makeover. The largest mortgage insurer in
• 13:17
  America is looking into reverse mortgages and the CJ
• 13:20
  Constantinos model. Bitcoin is pristine collateral.
• 13:26
  Do you know what's going on? They don't know what the they're
• 13:29
  doing. Do you understand that?
• 13:31
  Wait did the president just You're right, he did.
• 13:34
  I think it's settled on Bitcoin employee of the month, though It
• 13:38
  was absolute madness. Valhalla is coming sit back,
• 13:41
  strap in and enjoy the movie, my friends and don't forget to get
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  those tickets to mining Disrupt 2025.
• 13:47
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• 13:53
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• 14:00
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• 14:06
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• 14:15
  Hey, I love you guys. Catch you tomorrow if you.
• 14:18
  Prefer to go down with the ship.