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Did Morgan Stanley Just Trigger a Bitcoin SUPPLY SHOCK? | Trillions Are Coming! | Bitcoin Simply · Simply Bitcoin

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  If you live in Canada, this was the biggest news of the week.
• 0:03
  They provided $0.00 to deal with the ongoing genocide of MMI WG 2
• 0:09
  S LGBTQ QA Plus this is abhorrent.
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  If you actually believe mainstream media, the biggest
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  news of the week for you is that the New York Times just
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  discovered who the real Satoshi Nakamoto is and they released
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  their hit piece with a lower resolution photo than your
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  uncle's Facebook post that he took with his Galaxy S9 at the
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  BBQ last weekend. If you believe mainstream media,
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  you might have even got sucked even further into the quantum
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  computing BPS. You might have watched a TBPN
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  podcast and thought that all of Satoshi's coins were in a single
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  wallet. And with all that you missed,
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  the two biggest stories of the week.
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  Is the Clarity Act about to be passed, unleashing trillions of
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  dollars into the Bitcoin space? Did you miss the $10 trillion
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  asset manager launching a Bitcoin ETF that performed in
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  the top 1% of all ETFs of all time?
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  Well, if you missed that, we got you covered.
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  This is down to coke with Bitcoin.
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  Simply, let's go. I do apologize to the MMIW, G2,
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  LGTPQQIA Plus community. If I offended you with that
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  opener, you should probably consider Kirk Cousins agent.
• 1:14
  You didn't get paid, but Kirk Cousins just signed A5 year $172
• 1:18
  million contract at 37 years old.
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  In fact, all eleven of his contracts in the NFL have been
• 1:23
  fully guaranteed. He's made about $400 million.
• 1:26
  So I think the problem is that you have bad representation in
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  Canada. Apologize for standing up for a
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  LGDPLGTLBT LGBTQ2 plus kids rights.
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  In other news, the real big story, Adam Back being Satoshi
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  Nakamoto. We've already been down this
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  rabbit hole, but apparently the New York Times is just
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  discovering that Satoshi Nakamoto was British.
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  He had a cypherpunk background, he had an understanding of
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  reusable proof of work, and he had a programming background in
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  C++. I'll save you the trouble if you
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  didn't read the article, but actually no.
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  The biggest story of the week was the $10 trillion asset
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  manager launching a Bitcoin ETF, Morgan Stanley MSBT, and this
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  was their biggest launch in history of their ETF in.
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  Terms of where the market is, but I have to tell you in terms
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  of the pickup, we saw yesterday, the first day of trading, our
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  best first day of trading for any of our ETFs since we've
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  started the ETF product line a couple years ago.
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  So I think that speaks to the demand that's still out there
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  for the Bitcoin ETF. Almost 1.7 million shares traded
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  yesterday. And at 12:00 today, we are
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  already having another good day today.
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  As you said, there's a, it's a nice, it's a nice week in the
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  market, a nice day in the market for some pickup in Bitcoin and
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  the markets to help us out there, but.
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  They did over $50 million in their first day, which means
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  they're projected to buy about 40 to $50 billion worth of
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  Bitcoin. And not only that, they have
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  started a fee war. If you do the same thing as
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  everybody else, well, people are just going to go with the
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  product that has the lowest fees and they have the lowest fee at
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  .14% right now. They also have an advisor
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  network of 16,000 and manage over 10 million accounts.
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  For Americans. This is just the first domino to
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  fall. They're the first major U.S.
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  bank to launch a Bitcoin ETF, and they won't be the last,
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  especially with Scott Besson, the US Treasury of Secretary,
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  saying that the time to act to pass the Clarity Act is now.
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  Scott Besson just wrote an article that was published in
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  the Wall Street Journal highlighting that Congress has
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  no time to waste. And it's likely because they
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  need to raise more funds, probably to fund a war.
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  Probably because foreign entities buying U.S.
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  Treasuries is going down. Probably because he needs a new
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  debt buyer through stablecoins. Probably because they're about
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  to announce Kevin Wars to be the new Fed chair.
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  Did you miss that? A Banking Committee is set to
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  hold a nomination hearing on April 16th for Kevin Wars to be
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  the next Federal Reserve chair. Life goes on.
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  The first Bitcoin Fed chair starts in just a few months.
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  That's bullish for markets. That's bullish for stable coins.
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  That's bullish for Bitcoin. And that's why you don't sell
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  your Bitcoin because you never know when that run up is going
• 4:06
  to be. You never sell the best asset
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  for an underperforming asset. That's going to go down over
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  time. In fact, since 2000, the dollar
• 4:13
  has lost 38% of its value. The money supply is also tripled
• 4:16
  in that same time frame, which is why smart people don't sell
• 4:20
  their Bitcoin. They borrow against it using a
• 4:22
  product like Leadin. Leadin allows you to unlock
• 4:25
  liquidity in your Bitcoin or borrow against it with no
• 4:28
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• 4:31
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• 4:35
  and 11.49%. That's about half of what you
• 4:37
  could get for a credit card. Repay it anytime, get Fiat in
• 4:41
  your account in less than two hours and the application takes
• 4:43
  just two minutes. I'm a believer in the product
• 4:45
  because I don't sell my best assets.
• 4:47
  Go to learn dot leaden dot AO slash simply to get started.
• 4:50
  And one of the ways you can continue to grow in your Bitcoin
• 4:53
  journey is by getting an expert, someone who can teach you how to
• 4:56
  do all of this privately, safely, securely.
• 4:58
  And that's what the Bitcoin Way is for.
• 5:00
  Members of their team will walk you and your family step by step
• 5:04
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• 5:07
  private keys so that you can't be rug pulled and you can't be
• 5:10
  blocked out by the banking system.
• 5:11
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• 5:14
  Dash Cook to get started so you can learn about multi Sig and
• 5:17
  you can learn about not having your Bitcoin vulnerable to all
• 5:20
  sorts of attacks. Let's go back to the Satoshi
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  fight for a second. I don't understand why the New
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  York Times thought that they discovered something new,
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  something novel, something that we haven't already seen or
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  thought about. Given that all of these
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  documents have been poured over since 2011.
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  Nothing new was uncovered here. Some people think that you're
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  Satoshi. I'm going to assume that you're
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  going to say no, So who do you think it is?
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  I don't know. I mean, I think people have a
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  kind of rough idea of what the skill sets are needed, you know,
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  like cryptography, some understanding about monetary
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  economics, and you can see some of the things that she's writing
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  about, right? So he's got the Genesis quote
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  and all this kind of thing. But, you know, there are a lot
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  of clever people in the world. So, you know, I know, I know
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  some people who were implementing, you know,
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  encryption and privacy tech and digital signature things and
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  previous electronic cash systems.
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  But, you know, I think probably, you know, whoever it was, they
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  kept it themselves. So we're probably never going to
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  know. It was just just because, you
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  know, so many people have been fascinated by this, you know,
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  the concept of this mysterious career that they've looked
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  through any kind of digital state they can find.
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  And, you know, so much time has passed now and nothing's been
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  found and he hasn't been active since.
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  I don't know what he stepped away like 2011 or something.
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  Then I think there's, there's nothing new to research.
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  I think we're we're never going to know unless there's some kind
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  of, you know, inheritance in event or something perhaps.
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  I mean, I don't know, You know, it's all speculative at that
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  point. Adam is so awkward in these
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  interviews, though I do think that he might be sort of like
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  Kevin Spacey, an unusual suspect, and that he was playing
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  us the whole time, but nonetheless US.
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  The food that we heard this week wasn't just about Satoshi.
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  The food was that all of Satoshi's coins could be hacked
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  by quantum computing algorithm. There's this theory that there's
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  massive pots out there, Bitcoin, that are just sitting ducks for
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  quantum computing. This is proposed from a guy
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  who's clearly an expert on the TBPN network.
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  What about the rest of the digital world?
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  Because if, if, if, if Bitcoin is having problems, then so many
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  other kind of core institutions and companies, organizations I
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  imagine would have issues as well, maybe maybe because they
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  are centralized, there's, you know, easier to react, easier to
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  kind of lock things down, but still need to upgrade overall
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  encryption. Yeah, there's no doubt that
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  other institutions need to upgrade.
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  But in my mind there's also no doubt that, you know, block
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  chains and digital assets are just the most vulnerable.
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  I mean, one, one reason is obvious.
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  I mean, Satoshi Satoshi's Bitcoin, so it's the founder of
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  Bitcoin who we think has gone away or died or something.
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  You know, they have a bunch of their early Bitcoin that hasn't
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  moved. There's a bunch of lost coins.
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  You know, All in all, you know, it's about maybe 15% of all of
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  Bitcoin supplies estimated to be lost.
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  I mean, that's hundreds of billions of dollars potentially
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  in market terms. So that's just a huge incentive
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  that like let's take, let's take the counterexample of someone
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  wanted to hack into a bank or something.
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  As you pointed out, banks are centralized, they can kind of
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  react. Also the cryptography, the way
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  that banks implement this cryptography is just kind of one
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  of many layers of security, right?
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  So it's kind of this breaks like theoretically someone tried to
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  wire all the money out of my account my bank would.
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  Call me. Yeah, No, they literally have
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  tape drives where, you know, they have they have cold
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  storage, they print things out and they have a Ledger and they
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  can potentially roll back, which is crazy to think about.
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  But like, they could, if there was like a catastrophic hack,
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  they could be like, look, everyone's just going back to
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  yesterday's accounts and you know, that's better than the
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  chaos that we were in. That's it.
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  And that's not true for Bitcoin, right?
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  All I need is 1 signature and all of Satoshi's or coinbases or
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  finances. Bitcoin is mine.
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  There's no fall back. There's no anything.
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  That's how it was designed, right?
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  That's the point. That was the point.
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  Permissionless. Yeah, that was.
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  So that's the challenge. A couple of things.
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  Satoshi's Bitcoin exists in a bunch of different wallets.
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  There's institutional availability to Bitcoin that
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  banks have that individuals have, like multi sig, nothing
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  new here. And we also have new ideas
• 9:28
  coming out from people like Avihu Levy, which allows people
• 9:31
  to upgrade their Bitcoin wallets for just a few $100 without any
• 9:34
  soft forks at all. The massive news isn't about
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  Quantum and it isn't about Satoshi.
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  It isn't about MMI, WG 2, LGTP, QQIA Plus not getting their
• 9:45
  funding. It's about there's a massive
• 9:47
  flood of capital coming into Bitcoin through products like
• 9:49
  MSBT or through Stretch, which pays you 11 1/2% dividends.
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  The floodgates are about to open on Wall Street and we're about
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  to have a new Bitcoin Fed chair. That's the story, $10 trillion
• 10:00
  Morgan Stanley bought 444 Bitcoin on day one.
• 10:03
  Pay attention. There's not going to be any more
• 10:05
  Bitcoin left for you to buy. And that's why we not only give
• 10:07
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• 10:22
  with SAS Mining today. This is Dante Cook with Bitcoin.
• 10:25
  Simply happy Friday and happy stacking.