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This Is What Happens When Bitcoin Goes Parabolic! | Beyond Bitcoin · Simply Bitcoin

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  You bought Bitcoin, You hold Bitcoin, you believe in Bitcoin.
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  But what happens when rising prices means companies start
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  locking and hoarding Bitcoin forever?
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  What happens when governments start treating it like a
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  strategic reserve instead of a speculative asset?
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  Doesn't that make the world more unequal?
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  Or does it finally give you a money that levels the playing
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  field? I'm oceans.
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  This is beyond Bitcoin. Let's dive in.
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  I'm not actually going to dive in into this dirty mucky duck
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  water. Come on.
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  Federal Reserve and their mismanagement of interest rates
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  in the economy has caused it's just, it's gargantuan.
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  It's absolutely gargantuan. And so, you know, again, I wrote
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  the book to tell the story, to explain to people that this is
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  the core problem. You know, this isn't, this isn't
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  a blue thing or a red thing. It's not a, you know, it's not a
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  liberal thing or conservative thing.
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  This is a underlying monetary thing that is causing enormous
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  unnecessary pain for millions and millions of Americans.
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  And it's been going on for a long time.
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  And unless we diagnose the core problem and solve it, you know
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  it's going to continue to go on. Now that's all the bad news.
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  Let's be honest about what's really driving this question.
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  It's philosophy. No, it's fairness.
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  Nope. It's price.
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  Ding, Ding, Ding. Because every time Bitcoin's
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  price moves higher, it does two things at once.
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  It validates the people that are holding it, and it raises the
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  barrier for the people who aren't.
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  That's the tension that nobody wants to sit with.
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  When Bitcoin was cheap, it was easy to ignore.
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  But when Bitcoin starts holding value and repricing entire
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  balance sheets, it forces A reckoning.
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  Bitcoin doesn't promise equality, it forces a choice.
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  And whether that choice closes the wealth gap or blows it wide
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  open depends entirely on what you will do next.
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  So the, the monetary system is broken primarily because we've
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  kind of got a 2 tier monetary system and the average person
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  doesn't know how to make inflation work for them.
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  You know, when, when, when the, the Fed went to 0% interest rate
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  policies, actually when it went to 1% interest rate after the
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  bursting ofthe.com bubble and then it went to 0% interest rate
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  policies after the 2008 crisis. What they effectively did was
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  they allowed wealthy people and, and financial players to borrow
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  for 0 cost and invest in assets that would go up in value.
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  And the average person doesn't have that ability.
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  And this is what we all refer to as the cotillionaire effect.
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  And so the average person, when they want to borrow money,
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  they've got to go to a credit card company and pay 25%, which
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  is egregious in and of itself. And that's an entirely different
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  story. But you know which I mean, all
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  those laws got changed years ago.
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  There used to be usury laws in the United States.
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  You couldn't charge that kind of interest.
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  But you know, the mob would blush.
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  But the point is that this this two tier monetary system where
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  the insiders and the people close to the Monet monetary
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  printer get an advantage over the rest of us, allows them to
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  amass great wealth while the rest of us suffer the effects of
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  the inflation that we really don't have a way to protect
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  ourselves from. Rising price doesn't just
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  attract retail, it attracts serious capital.
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  Companies don't start buying Bitcoin because they like the
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  memes. I mean, maybe they buy it when
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  the price proves it can survive cycles, volatility, regulation,
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  and panic. And once price turns Bitcoin
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  from a trade into a treasury asset, the game changes.
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  Because now the question isn't will Bitcoin go up?
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  The question becomes who gets to own it before it goes up again.
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  And that's where the wealth gap conversation actually begins.
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  I could see that it was a very good area, you know, macro wise
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  to short the housing stocks and and the finance companies.
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  They've gotten very levered up into the housing business.
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  And so, you know, in, in 2007, a couple of Bear Stearns hedge
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  funds blew up and I realized, OK, this, you know, it's coming
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  to an end here. And so I put those shorts on and
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  then a March of O 8, Bear Stearns went under and and
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  Morgan Stanley bought it out with a $20 billion subsidy from
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  the government. But, you know, I was still short
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  and it was all starting to work and and I was short Lehman and
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  Ambac and Fannie Mae and MBIA. It's just a bunch of companies
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  and the bottom line, you know it, it got worse.
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  I mean, the over the summer Indy Mac failed and then in the fall,
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  Fannie and Freddie fell into August, Fannie and Freddie fell
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  into receivership. And then September, really
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  September of O8, it really got intense.
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  I mean, it was like, I mean, the guns were, I mean, everything
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  was just blowing up left and right.
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  It was very clear that most of Wall Street was going to go
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  bankrupt as Lehman did. And in the middle of that, so I
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  had these shorts on and I was up about 50%.
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  This is the fund I managed and it was a lot of money.
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  It's my money and my investors money who I was responsible for.
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  And so I was, it was working for me And on I think it was
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  September 21 or two, I don't know, you can Google and find
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  it. But in, in the middle of
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  September, mid to late September, the SEC came out and
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  said, hey, you know what, if you're short financial stocks,
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  that's illegal. You got to cover your shorts and
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  they just put out a blanket. You know, they So again, they
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  changed the rules. They didn't want financial
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  stocks to go down anymore. They were trying to protect the
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  insiders, they were trying to protect the banks and everything
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  I held rallied 50% in a week. And so I was forced to cover out
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  of my winning positions and and gave back all my profits for
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  that year. And had I been able to hold them
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  to the end of the year, I probably would have got up 100
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  hundred 50% for the year. But they they basically changed
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  the rules in the middle of the game.
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  Here's another. Hard truth.
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  Bitcoin wants to be hoarded. That's not moral judgment, it's
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  just the way it's designed. The idea of just wanting your
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  money to retain value, not even increase in value, just retain
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  your purchasing power, that that's an extreme position to
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  take. Is wild.
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  Yes, it's, I know. It's, it's, it's like how, how
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  dare you want to keep your own money.
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  It's so selfish of you. It's antisocial, it's
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  sociopathic. Your money is long.
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  Racist somehow. It's probably racist,
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  definitely, definitely sexist and misogynist.
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  I mean, you can see how it's just built on the idea that your
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  money is not yours. Your money belongs to society
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  and the government decides how it allocates it to society.
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  And we in our infinite wisdom have decided that it is more
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  safe. It is safer for you to keep your
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  money in the Fiat Ponzi scheme so that a lot of people are
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  moving it around back and forth and we get a lot more GDP, which
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  you know is just basically cover for.
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  We're going to devalue your wealth and take it.
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  Yeah, Fiat forces spending through inflation.
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  Bitcoin rewards patients through scarcity.
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  So what happens? Individuals hold, companies
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  hold, and eventually nations hold.
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  And when entities with massive capital decide Bitcoin is the
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  best long term asset on earth, they don't trade it, they lock
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  it away. Treasury, reserve, strategic
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  collateral, balance sheet, backbone.
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  Why do you think you're trying to accumulate as much Bitcoin as
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  possible? This is where the critics scream
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  see, Bitcoin is just for the rich.
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  But that critic misses something important.
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  The problem isn't that rich entities can hoard Bitcoin.
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  The problem is that every other system prevents everyone else
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  from even trying. Bitcoin doesn't create hoarders,
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  it removes gatekeepers. And that distinction matters.
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  Here's. What the data shows.
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  So let's start with the scary statistic that everyone quotes.
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  Bit info charts shows that 2% of Bitcoin addresses hold 95% of
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  all Bitcoin. And honestly, when I first saw
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  this data, I thought the critics might be right.
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  I mean, this looks absolutely terrible.
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  But here's what's weird. If Bitcoin is so concentrated,
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  why are billionaires and central banks fighting so hard against
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  it? If they already control 95%, why
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  bother? And here's another question.
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  If 2% really control Bitcoin, why haven't they changed the
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  rules yet? Why not increase 21 million
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  market cap? Why not change the code to
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  benefit themselves? We'll come back to that.
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  But it turns out that 95% number is measuring the wrong thing
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  entirely. It's like counting parking
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  spaces to figure out car ownership.
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  One person can use multiple spaces.
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  Especially that guy who uses the Range Rover who parks across 2
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  spots. You know, looking at you, Lewis.
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  And some spaces hold multiple people's cars through car
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  sharing. You wouldn't look at a car park
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  and go, well 500 spaces mean 500 people own cars here.
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  One Bitcoin address doesn't equal one person.
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  I personally have more than one address and I'm nobody.
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  My mum follows this channel and even she doesn't watch all the
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  videos. But more importantly, 1 address
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  can represent millions of people.
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  Those massive Bitcoin addresses everyone panics about?
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  They're usually exchanges like Binance or Coinbase holding
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  Bitcoin for their millions of customers.
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  Let's pause here for a moment. If you're serious about Bitcoin
• 8:46
  sovereignty, remember this self custody doesn't stop at your
• 8:49
  wallet. That's where SAT 123.com comes
• 8:52
  in. They help people stay connected
• 8:53
  and secure even when traditional networks fail, with reliable
• 8:57
  satellite communication and rugged gear that keeps you
• 8:59
  reachable and protected anywhere on earth.
• 9:02
  Whether you're off grid, traveling through areas with
• 9:04
  limited connectivity, or simply value independence from
• 9:06
  centralized infrastructure, having robust communication
• 9:10
  tools isn't just convenience, it's part of sovereignty in
• 9:13
  action. For Bitcoiners, that's a natural
• 9:15
  extension of self custody because owning your money is one
• 9:18
  thing, but staying connected to the world on your own terms is
• 9:22
  another layer of independence entirely.
• 9:24
  Go to sat123.com and put the promo code simply for 15% off
• 9:28
  your purchase. Stay sovereign.
• 9:30
  Stay connected with sat123.com. Now let's flip this argument
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  about does Bitcoin increase the wealth gap?
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  Because this is where most critics completely fall apart.
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  Bitcoin is divisible down to 100 million units.
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  A satoshi. A satoshi isn't a fraction of
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  Bitcoin. A satoshi is Bitcoin.
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  Same rules apply, The same scarcity, the same resistance to
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  debasement. That matters because wealth gaps
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  aren't created by rich people saving, they're created by poor
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  people being unable to save without losing value, which is
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  in the current Fiat system. The Fiat system destroys small
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  savings systematically. Bitcoin preserves them by
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  design. What I think think money is how
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  we save our time and our energy. And when you, when you frame it
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  in that perspective, then when you apply that to inflation,
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  interest rates, taxation, you start to realize that these
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  things are are draining your energy, right?
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  If you spend, we spend so much time, an unfortunate amount of
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  time in our lives here on Earth, trying to acquire this money by
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  expanding our time, our energy, our resources, giving up
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  valuable time with our family, giving up pursuing dreams or
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  passions, things that might improve us as a human being,
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  right? But we're instead out here
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  trying to gather this money because we're, we're trying to
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  store that effort and energy into something.
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  It's just some like a battery so that we can get to this point
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  where then we can pursue our passions, our dreams, spend time
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  with our family, retire, enjoy life here in this incredible
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  experience, right. But if while you're doing that,
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  other entities are sucking the energy out of that battery
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  without your permission, without your knowledge with it, that
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  begins to show you how valuable I think Bitcoin is compared to
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  storing that energy in something like Fiat currency.
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  So I, I like to think of it in, in those terms, right?
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  And it's to me, it's sort of like unfortunate that we have to
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  play this game. But if you're if we have to play
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  this game, if that's where at least where we are right now as
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  a, as a, as a race, as a species, then we have to do
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  everything we can to store that and a battery that's going to
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  get bigger over time. If anyone on earth can store
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  just $5.00 of their own labor and know that it won't be
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  diluted by policy decisions they had no vote in, that alone
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  changes the trajectory of their life.
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  Not overnight, but over time. Bitcoin doesn't make everyone
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  rich, it makes saving possible again.
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  And that's a radically different claim.
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  Here is the distinction you should sit with.
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  Bitcoin doesn't guarantee equal outcomes, it guarantees equal
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  access. No credit score, no minimum
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  talents, no permission. A street vendor can use it.
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  A migrant worker can use it. A teenager with an iPhone can
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  use it. The same network with the same
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  rules that has never existed in monetary history.
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  And once you understand that, the wealth gap question changes.
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  The real question is, does Bitcoin make inequality
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  permanent? And for the first time in
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  history, the answer might be no. But.
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  I think another factor consider is what was the source of money
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  creation, I mean, of wealth concentration, right?
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  So in that in that era, a lot of the wealth concentration went to
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  these these big industrialists that were actually solving
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  problems for people. And sure, a lot of them had like
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  unethical aspects to their business and, and, you know,
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  kind of aggression there. But in general, the quality of
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  life for a person was materially increasing from decade to
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  decade, right? So, you know, if you looked at
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  people in the 1920s compared to the 1880s, for example, and, and
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  says, you know, are you better off than your parents were?
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  Normally the answer would be yes, because you had things like
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  electrification and internal combustion engines and railways
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  and, you know, all the things that we take for granted today a
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  lot. That was a very strong period
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  of, of growth. And those that were at the top
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  of the leading companies, of course, acquired a lot of wealth
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  in the process. But I think the main variable is
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  not wealth concentration per SE. That's the problem.
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  It's whether it's unfair wealth concentration like are there is,
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  is is, you know, cronyism, kind of like siphoning money in One
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  Direction or another direction or another way of looking at it
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  is the average person, is their life getting better or worse
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  over time? And more specifically, do their
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  kids have a better life than their parents did?
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  And so right now, we're in an environment where by many
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  metrics, kids are not no longer having a better quality of life
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  than their parents, by health outcomes, by income outcomes,
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  all sorts of different variables.
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  You can look at that. And that wasn't really the case
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  back then. So I think that is a more
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  concerning aspect to be aware of.
• 14:33
  Bitcoin is a network, but most people still experience it
• 14:36
  alone. That's why you should download
• 14:38
  Club Orange, formerly the Orange Pill app.
• 14:40
  It's a Bitcoin only social network built to help you find
• 14:43
  real bitcoiners near you, discover events and connect with
• 14:47
  merchants and communities that actually live this stuff.
• 14:50
  Go to Club Orange today and download the app and you can DM
• 14:53
  me at Oceans. I read all the messages there
• 14:57
  and I look forward to hearing from you and I look forward to
• 15:00
  hearing from you. Now back to the show.
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  Like I said, Bitcoin doesn't promise equality, and anyone who
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  tells you it does is probably lying to you.
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  It promises choice. Choice to save without dilution.
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  Choice to opt out without permission.
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  Choice to convert time into capital slowly, honestly, and
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  consistently. Early adopters will benefit
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  more, That's unavoidable. But late adopters won't be
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  locked out. They'll just have to be patient.
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  And in a world built on debt, leverage and shortcuts, patience
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  might be the most revolutionary thing of all.
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  Price of money, in my opinion, is the most important price in
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  the world because it determines capital allocation and the
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  proper allocation of capital is what determines human
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  well-being. And so if we want to have higher
• 15:42
  standard of living for everybody in the world, we have to
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  allocate capital properly. And we can't do that when we got
• 15:48
  a Federal Reserve that decides the interest rates are either,
• 15:51
  you know, 20% or 10% or 0%. I mean, that's, you know, we're
• 15:56
  on the seesaw, just crazy rate moves in both directions.
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  And that's not, that shouldn't happen.
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  If we had sound money, the interest rates would stabilize
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  at a level that balances investment with savings.
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  And that's, that's the key, you know, the, the, the interest
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  rate should be the price of savings as against what's needed
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  for investment. And then people, then capital
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  allocators can make the correct decision as to where the money,
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  where things should go, where where the money should be
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  invested to increase productivity and output for
• 16:26
  everybody. Bitcoin doesn't decide the
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  outcome of the wealth gap. You do.
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  Whether it narrows the gap or exposes it faster than ever
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  depends on whether people understand what they're holding
• 16:36
  and what they're choosing to opt into.
• 16:38
  That's beyond Bitcoin. Thank you so much for watching
• 16:41
  this video. If you like what you see and you
• 16:42
  want to see more, make sure you hit that like button below.
• 16:44
  Or you can subscribe to the simply Bitcoin channel for more
• 16:48
  content like this. We're coming out with it every
• 16:50
  single day of the week. Also, don't forget to hit that
• 16:52
  notification bell. I'm oceans.
• 16:54
  This is beyond Bitcoin. Until next time.