Latest / Simply Bitcoin / Could This Move COLLAPSE the European Union? | Simply Originals
Transcript
- 0:00Ladies and gentlemen, I want you to listen very carefully today.
- 0:05Get your popcorn ready, because something just happened quietly,
- 0:09almost politely, that could crack the financial foundation
- 0:13of the European Union. Not a bomb, not a bank run,
- 0:17though it possibly could lead to 1.
- 0:20Not a vote. I don't even know if they have
- 0:22those in the EU, but a single accounting decision.
- 0:27And it came from Washington because, according to the
- 0:30Washington Post, the United States has officially notified
- 0:34EU countries that it once frozen Russian sovereign assets
- 0:37included in a negotiated settlement of the Ukraine war.
- 0:42Let that sink in. That one sentence might be the
- 0:46pin pulled on the EU financial grenade.
- 0:49And yes, it's very possible Trump and Scott Besant are
- 0:53intentionally applying pressure to expose a system that was
- 0:57never meant to survive peace. We're doing a deep dive today.
- 1:00And I promise you, today's show is going to be one of those
- 1:03shows where halfway through you're going to go, oh, wow,
- 1:06that's bad. But before we get there, let's
- 1:09talk about why markets are pretending everything is fine.
- 1:13Because right on cue, we get Polish CPI numbers just in time
- 1:17for rate cuts. November CPI headline inflation
- 1:212.7% below expectations of 3.1%. Core CPI 2.6%, also below
- 1:29expectations. Is it real?
- 1:31Of course not. Is it convenient?
- 1:33Absolutely. And what does that mean?
- 1:36Incoming rate cuts. Incoming liquidity.
- 1:39Oh yeah, we'll be bringing the cowbell baby ring A Ling.
- 1:43A Ling and president and Trump, he's going to love those
- 1:46numbers, especially because he just said this.
- 1:49Many Americans are unaware that behind the scenes, the technical
- 1:54backbone of the financial system is decades out of date.
- 1:58Many, many years out of date. You know that Paul and others
- 2:01are straightening it out. But payments and money transfers
- 2:04are costly and take days or even weeks to clear.
- 2:07Under this bill, the entire ancient system will be eligible
- 2:11for a 21st century upgrade using the state-of-the-art crypto
- 2:16technology. Who would have thought we would
- 2:18have been saying that two years after so?
- 2:21Let me get this straight. We're on the cusp of peak
- 2:25institutional Bitcoin adoption, right before the largest Bitcoin
- 2:29and crypto regulatory framework approval ever, with U.S. banks
- 2:33custody in Bitcoin while global liquidity is turning back on.
- 2:37And I'm supposed to believe I am supposed to believe that Bitcoin
- 2:43topped with no blow off top, no mania with no real bear thesis.
- 2:51Maybe some short term pain, but the ending still the same.
- 2:55No more screwed around. Let's get to the move that could
- 2:58break Europe. American.
- 3:48Here's. The.
- 3:52Headline the United States has notified the EU that frozen
- 3:56Russian assets should be incorporated into a negotiated
- 3:59peace settlement. Sounds reasonable, right?
- 4:02Wrong, Because this immediately exposes a massive problem for
- 4:06Brussels. No, not the stinky vegetable
- 4:09Europe claims that those assets are frozen, but functionally
- 4:13they've already been used. Not seized outright, but
- 4:16collateralized the EU. EU pledged windfall profits,
- 4:20future proceeds, interest income from Russian central bank assets
- 4:25to back long term loans for Ukraine.
- 4:29And this wasn't a secret. It's in the EU and G7 policy
- 4:33frameworks. And that entire financing model
- 4:36relied on one assumption. Either the war never ends or
- 4:39Russia is decisively defeated. A negotiated peace breaks that
- 4:43assumption and their bags. The moment the US says these
- 4:47assets are part of a settlement, everything changes.
- 4:51That's why these degenerate leaders are trying to force
- 4:54Europe into war. We need to be ready because at
- 5:02the end of this first quarter of the 21st century, conflicts are
- 5:07no longer fought at arm's length.
- 5:11Conflict is at our door. Russia has brought war back to
- 5:16Europe and we must be prepared for the skill of war our
- 5:21grandparents and great grandparents endured.
- 5:25Imagine it a conflict reaching every home, every workplace
- 5:32destruction, mass mobilisation, millions displaced, widespread
- 5:37suffering and extreme losses. It is a terrible thought, but if
- 5:44we deliver on our commitments, this is a tragedy we can
- 5:48prevent. NATO is here to protect 1
- 5:52billion people on both sides of the Atlantic.
- 5:57Our mission is to protect you, your families, your friends and
- 6:01your future. We cannot let down our guard,
- 6:05and we won't. I count on our governments to
- 6:11keep up with their commitments and go further and faster
- 6:16because we cannot falter or fill.
- 6:21Listen to the silence across Ukraine.
- 6:26Look at the bodies pulled from the rubble.
- 6:29Think of Ukrainians who might go to sleep tonight and not wake up
- 6:34tomorrow. And what a standing between
- 6:37what's happening to them and what could happen to us.
- 6:42Only NATO. I have a duty as Secretary
- 6:47General to tell you what lies ahead if we don't act faster,
- 6:51invest in defence and continue our support for Ukraine.
- 6:57The gas lighting is absolutely incredible and probably why
- 7:01Putin called them piggies. Referencing a little animal farm
- 7:05maybe, but their ultimatum appears to be support Ukraine or
- 7:10go die for a country. Not even a country.
- 7:12It's more like an unelected status conglomerate that
- 7:16destroyed the actual plural nation's sovereignty and put
- 7:20citizens in prison for Facebook posts.
- 7:23We'll see how that works out for him.
- 7:24Because once those assets must be treated as temporary, not
- 7:28permanent. Loans need to be unwound,
- 7:31balance sheets need to be clarified, legal exposure
- 7:34surfaces. And guess who's left holding the
- 7:36bag? Not Mother Russia, not Las
- 7:39Estados Unidos Europe. Big Brother is getting it.
- 7:44This hits EU financial institutions and member state
- 7:47balance sheets, which is why Brussels and those NATO lunatics
- 7:52are panicking. Sadly, peace is destabilizing
- 7:55for the EU. War allowed emergency
- 7:58governance, asset control, sanctions as financing tools,
- 8:02debt backed escalation, peace forces, transparency, legal
- 8:06clarity, asset unwinding, and for them, real losses.
- 8:10Ukraine wasn't just a battlefield, it was a pressure
- 8:13valve inside a post 1971 financial system that relies on
- 8:17sanctions and asset control to even function.
- 8:20Trump just touched that pressure point in the system is
- 8:24straining. Europe's handling of Russian
- 8:26assets appears to be accelerating the collapse of its
- 8:30financial architecture. What matters here isn't intent.
- 8:34Its consequence? Once Europe overrides vetoes,
- 8:37bypasses unanimities, centralizes authority, it's
- 8:41signals stress. And once custodial neutrality is
- 8:45broken, trust evaporates. And financial systems that run
- 8:49on trust capital flight doesn't need a conspiracy.
- 8:52It needs uncertainty. And that uncertainty is now
- 8:56real. Here's the key difference.
- 8:58Now the United States is no longer underwriting Europe.
- 9:01Trump's strategy is explicit. Sovereign nations, bilateral
- 9:05responsibility. No blank checks.
- 9:07When the money stops, the rules stop mattering.
- 9:10And when the rules stop mattering, the end becomes
- 9:13inevitable. War almost always follows money.
- 9:16Now watch the contrast. Because while the EU is facing
- 9:19collapse, US isn't like Shannon roses either.
- 9:23But the US did just do something historic. 2 seismic
- 9:27announcements, one from the Federal Reserve and one from the
- 9:31SEC. Now first, the Fed.
- 9:33They officially withdrew the 2023 novel activities policy.
- 9:37Banks can now offer Bitcoin custody and integrate stable
- 9:40coins. This is basically a green light.
- 9:43Second, the SEC updated guidance on custody rules.
- 9:46For broker dealers to hold crypto, they must have exclusive
- 9:50control of private keys. Pros, legal clarity and
- 9:54institutional certainty. Cons.
- 9:56I mean do I even have to name them?
- 9:57Centralized custody are keys your coins.
- 10:01This is the tradeoff. Also why the responsibility is
- 10:04on you to self custody. Choose freedom.
- 10:07Don't let them box you in. Hold your own keys because of
- 10:10flood is coming. We're about to bring it home but
- 10:13before we do, look at our likes 3 or 4 times maybe?
- 10:16I'll pump those numbers up. Those are rookie numbers in this
- 10:18racket. Let's take a quick second for
- 10:20our sponsors who keep this show on the air over at the Bitcoin
- 10:23way. If your wealth lives in their
- 10:25system, it's not yours. It's theirs.
- 10:27That's why we scream Bitcoin. That's why you self custody.
- 10:31And that's why you call our friends over at the Bitcoin way.
- 10:33They'll walk you through multi sig self custody, privacy, how
- 10:36to run a node and the tools that keep you sovereign.
- 10:38When the Fiat system pulls the plug, don't wait till it it's
- 10:41too late. Book a free 30 minute console
- 10:43today using that link in the show notes.
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- 11:05get 25 basis points off your first loan.
- 11:08Thanks in the world to embrace crypto, to embrace Bitcoin in 4
- 11:13to 8 years would be fast. What you see here is it's
- 11:16happening much faster. What we've what we've seen is
- 11:22BNY Mellon, PNC Bank, Citibank, JP Morgan, Wells Fargo, Bank of
- 11:29America, Vanguard, all of these have flipped from a hostile,
- 11:35negative or skeptical view to a positive view in the last 12
- 11:38months, right? We have announcements Schwab is
- 11:43going to custody Bitcoin and extend credit against crypto
- 11:48assets early next year. Citi is doing the same thing.
- 11:53It used to be, you know, I couldn't get a loan against
- 11:57Bitcoin from any major bank. And now if I counted the top ten
- 12:02banks in the United States, eight of them, eight of them
- 12:06are, are, are actually engaged in crypto lending and they've
- 12:12all flipped their stance in the last six months.
- 12:15While Europe strings under war financing, U.S. banks are lining
- 12:18up for Bitcoin. So let me leave you with this.
- 12:21While Trump and Besant challenge the EU's financial architecture,
- 12:25the United States is modernizing finance, legalizing Bitcoin
- 12:29custody, not that it needs it, onboarding institutions and
- 12:33preparing for a crypto native system.
- 12:35Europe may be learning the hard way what happens when emergency
- 12:38measures become permanent in Bitcoin.
- 12:41Bitcoin doesn't care. It doesn't need war and it
- 12:44doesn't need permission. TikTok.
- 12:46Let us know what you think below.
- 12:48And maybe we're all in this together.
- 12:50The the feeling that the 4th turning is entering an
- 12:54acceleration mode like everywhere.
- 12:56It's insane. But we're all here now for a
- 13:00reason. Damn it we are going to make it.
- 13:02Hope you guys enjoyed this one. Don't forget to like subscribe
- 13:05and give us a path but sharing the sound money gospel and I
- 13:07hope you have a great weekend. Love you guys, catch you next
- 13:10week.