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I Didn't Expect This Billionaire to Say He Believes Bitcoin Will Explode | Bitcoin Simply · Simply Bitcoin

• 0:00
  Bitcoin is up over 10% since the start of October, breaking 126 K
• 0:04
  and making all time highs. And even in the first six days
• 0:06
  of October have been crazy for Bitcoin.
• 0:08
  Some predicted the next six months are going to be even
• 0:10
  crazier. All right.
• 0:11
  Since you started with October, yes, seasonally this is a great
• 0:17
  month, but the last five years, the the next six months have
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  been good. And I think there's a lot of
• 0:24
  people who were kind of timing the end of October as the end of
• 0:27
  the halving time and things were going to get dicey.
• 0:32
  There's a major story, in my opinion, that shape and form.
• 0:35
  What big story is Jordi Visser talking about?
• 0:37
  Does this potentially align with the story from Paul Tudor Jones?
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  I didn't have Paul Tudor Jones, the billionaire hedge fund
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  manager, saying that Bitcoin was going to be the big winner
• 0:45
  between now and the end of the year.
• 0:47
  Yeah, this is the same Paul Tudor Jones who predicted the
• 0:49
  boom in 85 when his fund returned 135%.
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  Next year, he returned 99%, and he accurately predicted the
• 0:55
  crash in 1987, returning 126% for his fund.
• 0:59
  Yeah, this guy believes that Bitcoin is going to be a big
• 1:02
  winner. Yeah.
• 1:02
  Again, we have this race. Right.
• 1:05
  The race realistically is certainly to the end of the year
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  because that's when everyone marks institutionally and then
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  you have to figure out what's going to go on in next year.
• 1:15
  The race to acquire more Bitcoin is on.
• 1:16
  We're going to cover some big stories today that take us
• 1:18
  through the end of the year and what Bitcoin might do in the
• 1:21
  beginning of 2026. This is Dante Cook with Bitcoin.
• 1:24
  Simply, let's go. If you look at the biggest
• 1:31
  winners, right, the biggest winners are gold.
• 1:33
  I think it's up 4647%. Bitcoin, I want to say it's up
• 1:38
  50 or 60. I'm not even sure.
• 1:41
  There's a Morgan Stanley basket that's a retail flow basket that
• 1:45
  has all the meme stocks and it's up 6768%.
• 1:50
  So it's really what retail jumps on.
• 1:54
  So crypto, digital gold, that's obviously something that's very,
• 1:59
  very. Appealing.
• 2:00
  That mean you're jumping on all of that right now?
• 2:01
  Well, I'd want to have positions in all of it for.
• 2:04
  Sure. He says that he absolutely wants
• 2:06
  to have a Bitcoin position. There's one thing that I know
• 2:09
  about Paul Tudor Jones is that he makes broad bets, whether
• 2:12
  it's on commodities, whether it's on crypto, whether it's on
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  interest rates cutting, and he takes big positions.
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  And this is exactly how his portfolios positioned through
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  the end of the year and early into 2026.
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  What would I want to have? I'd want to have a combination
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  of gold, crypto, probably the NASDAQ.
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  I think I want to say that. I've said that before.
• 2:35
  And I think that's still the right 1 and I think whatever the
• 2:39
  fastest horses at this point in time probably has a good chance
• 2:42
  of being that on deck 31. He wants to own Bitcoin gold in
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  the NASDAQ 100. When retail finally hits the
• 2:48
  markets, he understands that leverage will intensify.
• 2:51
  And gold is already giving us signs.
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  The boomers and bankers are already bidding up gold as gold
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  just recently broke through $4000 an ounce.
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  It's clear we're on the cusp of a structural change, an
• 3:02
  inflationary change that's being predicted by the smartest money
• 3:05
  managers across the world, including people like Ken
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  Griffin. Inflation is substantially above
• 3:10
  target and substantially above target in all forecasts for next
• 3:15
  year. I mean, it's part of the reason
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  the dollar's depreciated by about 10% in the first half of
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  this year. It's the single biggest decline
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  in the US dollar in six months in 50 years.
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  Gold is is at record highs and the appreciation in other dollar
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  substitutes you use that word loosely in in items like crypto,
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  for example, is, is is unbelievable.
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  So we're seeing substantial asset inflation away from the
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  dollar as as people are looking for ways to effectively de
• 3:52
  dollarize or de risk their portfolios vis a vis US
• 3:54
  sovereign risk. Are you really seeing that?
• 3:58
  No, just check the price of gold.
• 3:59
  Well, I mean, I don't have to look very hard.
• 4:02
  Of its own? Yeah.
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  What? It's a life of its own.
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  Gold. But it's a life of its own as as
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  you see sovereigns around the world, the central banks around
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  the world, as you see individual investors around the world go,
• 4:15
  you know what? I now view gold as a safe harbor
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  asset in a way that the dollar used to be viewed.
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  That's that's what's really concerning to me.
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  And there's been plenty of published research in in recent
• 4:29
  weeks, months about foreign investors now when they buy US
• 4:34
  equities, hedging the returns back to their local currency.
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  So that again is a bifurcation of I'm going to bet on American
• 4:43
  business, but I want to immunize some of my sovereign exposure to
• 4:47
  the United States. The dollar is losing its reserve
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  status and faith in the global financial system.
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  And the smart money is not only hedging with gold, but also with
• 4:55
  Bitcoin. The numbers that have been
• 4:56
  flowing into Bitcoin are hard to ignore.
• 4:58
  Look at I bit as an example. It's going to reach $100 billion
• 5:02
  in assets in less than 450 days, almost 4 times faster than the
• 5:07
  next closest thing, which is VOO.
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  If you look at its revenues, I bit is now the biggest revenue
• 5:13
  producing product at BlackRock. It has over 10s of thousands of
• 5:17
  products listed out there in the market and the next closest
• 5:19
  products to I bit in terms of revenue well, they've been
• 5:21
  around for 2425 years. This Bitcoin thing has been
• 5:24
  around for less than two, and the pace of money flowing into
• 5:27
  Bitcoin is staggering, indicating that this isn't just
• 5:29
  a fad, that this isn't just hype.
• 5:31
  Well, there's some people that still believe that Bitcoin is
• 5:33
  just hype and it has no intrinsic value, like EU chief
• 5:37
  banker Christine Lagarde. So put against.
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  Bitcoin be like. A digital.
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  Form of gold. OK, no.
• 5:45
  That's the final answer, right? Shall we leave it?
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  You know, I hesitate to say that, but I say it because I, I
• 5:52
  have No Fear because I know that the social media tonight and
• 5:56
  tomorrow is going to hit me like, like, you know, like crazy
• 6:02
  because that's, that's the community that they form and
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  that's the belief that they have and that's the confidence that
• 6:06
  they generate amongst themselves.
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  But I still am of the view that there is no intrinsic value and
• 6:12
  there is no underlying value to it.
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  Which doesn't mean to say that there is no hype created as a
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  result that some can associate with a value, meaning a price,
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  which then moves up and down depending on what happens.
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  Who? Who's is?
• 6:28
  Bitcoin isn't hype, Christine. It solves a real problem,
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  Christine. It gives accountability to
• 6:32
  people like you who have the ability to print unlimited
• 6:35
  amounts of money, and it's going to benefit the people who own
• 6:37
  it. The next six months for Bitcoin
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  is going to produce even more hype, Christine, because it's
• 6:42
  going much higher. And analyst Jordy Visser in this
• 6:45
  conversation with Anthony Papliano, that's one of the best
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  conversations that I listen to every week.
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  Well, he says that there's some structural things going on in
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  the background that are going to cause the government to print
• 6:55
  more and more money. So.
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  My like mindset that I use with everything is that prices lead
• 7:01
  narrative. So I focus on what the
• 7:03
  narratives will be 6 months from now.
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  And to me it's very obvious. And I'm, I'm just going to go
• 7:07
  through for you kind of what I see happening now.
• 7:10
  That is a major story that we've talked about.
• 7:12
  So everyone who's watched this all year, none of these, yeah,
• 7:15
  they're educated. None of these are going to be
• 7:16
  surprising, but I think they're all coming to a head now.
• 7:19
  So the first one is the job situation.
• 7:22
  So there's no doubt we have enough data now.
• 7:25
  It's not just the BLS numbers. Before we go any further as to
• 7:29
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  Bitcoin to get started. All right, let's continue with
• 8:45
  Jordy's thesis here. It's all of the soft surveys
• 8:48
  that I cover in, in, in in my weekly videos.
• 8:52
  People feel bad about their job. And regardless of whether it's
• 8:56
  100% artificial intelligence, AI has an impact to it.
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  Your brother and I talked about it last week in terms of all the
• 9:02
  things that happened in the month of September and how
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  crowdsourcing is now saying that AI is coming. 3.
• 9:09
  Of the four largest employers, private sector employees in the
• 9:12
  United States of America, Walmart, Amazon, and Accenture,
• 9:16
  Accenture had a big layoff announcement this week.
• 9:18
  All three of them have publicly come out and said they will be
• 9:20
  laying people off or they have laid people off and #2 that they
• 9:25
  don't expect to hire anybody in net over the course of the next
• 9:28
  few years. And they're all saying AI is
• 9:30
  part of it. There's a bunch of other
• 9:32
  companies, which we don't need to go through.
• 9:34
  But the pressure is growing on this belief.
• 9:36
  We had the ADP number this week. It was negative.
• 9:38
  There's no doubt right now that the job market is an issue and
• 9:44
  this feeds into a couple things. Number one, for the jobs market,
• 9:47
  that means the discontent for people, it's only going to
• 9:49
  worsen. So anything disruption wise
• 9:52
  that's coming, if people are not able to pay for housing and they
• 9:55
  can't do this is going to be an issue which puts pressure on the
• 9:58
  administration in a year of the midterm elections.
• 10:01
  So I don't care what kind of printing goes on.
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  I don't care if it's giving people tax rebates out of the
• 10:06
  whatever it is. There's going to be checks going
• 10:08
  out. There's going to be help on the
• 10:10
  housing side because if you want to win elections, and that's the
• 10:13
  whole thesis that we've talked about in terms of Bitcoin, the
• 10:15
  discontent in the system, the profit margins are going up and
• 10:20
  the people are losing their jobs.
• 10:21
  So this is going to be a story that will only worsen next year
• 10:25
  because AI agents are coming we. All know that the BS jobs
• 10:28
  numbers have been cooked, that Main Street is losing while Wall
• 10:31
  Street is winning, profits are rising to record levels and AI
• 10:35
  is creating more and more disruption in the market.
• 10:37
  And so if government officials want to be re elected, well,
• 10:40
  there's one thing that they have to do, stimulate, stimulate,
• 10:43
  stimulate. And this is going to create more
• 10:45
  and more inflation in the market.
• 10:46
  There's one thing that Americans can agree on, both right wing
• 10:49
  and left, according to this survey, the number one thing
• 10:53
  that causes concern for people on both sides of the aisle, both
• 10:56
  parties, is inflation. Inflation is the one thing in
• 10:59
  America that brings us together. Life gets more unaffordable.
• 11:02
  The dollar goes less far. The idea of retirement, the
• 11:05
  American dream, whisk away as the prices of things in that
• 11:09
  reality get further and further out of reach.
• 11:12
  And the problem exacerbates as you get further into the cycle.
• 11:15
  Look at this tweet from Sam Callahan, the new director of
• 11:17
  research at Orange BTC, which is going today with my friend Guy
• 11:21
  Gomez. Congratulations guys.
• 11:23
  He posted a snippet from the book The Dying of Money.
• 11:26
  And this is prevalent right now because bitcoins at all time
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  high. So stock markets at all time
• 11:30
  highs, home prices at all time highs, Gold is at all time
• 11:32
  highs. This is the beginning of an
• 11:34
  inflationary boom, which is going to create more disparities
• 11:36
  for the middle and low class. Here's what the quote from the
• 11:38
  book says. Everyone loves an early
• 11:40
  inflation. The effects at the beginning of
• 11:42
  an inflation are all good, booming stock markets and
• 11:44
  spectacular general prosperity, all in the midst of temporary
• 11:47
  stable prices. Everyone benefits and no one
• 11:50
  pays and the later inflation, everyone pays and no one
• 11:53
  benefits. That's the future that we're
• 11:55
  heading to. So I got one question for you
• 11:57
  over the next six months. You got Bitcoin.
• 11:59
  This is Dante Koch with Bitcoin simply happy stacking, and if
• 12:02
  you haven't done so, please do like and share this video if you
• 12:05
  enjoyed it subscribe to the channel if you get value from
• 12:08
  this content that we put out every single day of the week.
• 12:10
  Oh, and before you go, I wanted to give you an opportunity to
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• 12:20
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• 12:28
  Happy October and happy stacking.