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BREAKING: Trump Just Unleashed $9 Trillion Into Bitcoin! | Bitcoin Simply · Simply Bitcoin

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  It's official the Bitcoin and crypto Market structure bill,
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  the GENIUS Act, and the ban on central bank digital currencies
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  all past the House and are going to the president's desk to be
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  signed into law. The White House also confirmed
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  the president's plans to support the elimination of capital gains
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  taxes on small Bitcoin transactions.
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  And sure, that's getting all the press.
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  That's pretty exciting, but that's not the most important
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  news this week. No, the biggest news of the week
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  isn't about the CEO and an HR lady trying to Viva La Vida at
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  the Coldplay conference. It's not about Adam Back
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  casually contributing 25,000 of his own Bitcoin to have 30,000
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  Bitcoin in the newly formed Bitcoin Standard Treasury
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  Company who just raised 1.5 billion and will be the 4th
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  largest treasury company from the jump.
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  It's not that I've been had the highest ETF flows of any ETF
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  this week. No, it's bigger.
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  Donald Trump is set to unleash the largest capital market onto
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  Bitcoin. It would be the biggest market
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  that we've ever seen. We'll walk through the
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  implications on this show. This is Dante Cook with Bitcoin.
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  Simply, let's go. From the Financial Times hit
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  that President Trump is preparing to open US 401 KS the
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  retirement market in part to crypto investments.
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  Knowing how famously volatile digital assets have been, crypto
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  currencies have been, is there not some risk in that when we're
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  talking about retirement investment specifically?
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  I mean, if you're, if you're setting up a 401K, like for
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  example, take, take the Trump accounts, for example, I mean,
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  you're holding this asset over long periods of time.
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  I mean, these aren't trading vehicles.
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  Stocks themselves can be incredibly volatile.
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  So I mean, if it's for retirement, it's for long term
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  savings and wealth creation, then you, you want to give
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  people the opportunity to diversify their asset flow in a
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  way that meets their own needs. So I don't I don't.
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  I don't see a problem with any of it actually.
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  The president is preparing an executive order that will allow
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  people to invest into Bitcoin from their 401K.
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  So far people have only been able to purchase Bitcoin with
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  after tax or post tax dollars. It's been unlawful for these in
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  fiduciaries to be able to offer an asset like Bitcoin to people
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  to buy with their pretext dollars.
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  Can you imagine if a percentage of every check in America every
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  week or two weeks were to flow into Bitcoin?
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  I mean, look at the success of IBIT.
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  It's already been the most successful ETF of all time.
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  I know. Take a look at the top.
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  Inflows this week the ibit Bitcoin ETF.
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  That was the. Top.
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  Saw the top. Inflows as cryptocurrency had a
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  new hire, Bitcoin had a new high and the stable coin bill it
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  worked its way through Congress. And just with post tax dollars,
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  I bet was the most successful ETF in terms of inflows this
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  week with the new bills passing. Everyone's talking about credit
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  card fees going to zero and being able to buy coffee with
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  Bitcoin, but that's not the big idea.
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  But here's the leader of the Department of Financial Services
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  talking about the implications of credit card fees going to 0
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  If Bitcoin and stable coins are able to proliferate throughout
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  the economy, you would think the margin compression on all these.
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  Fees would be Adrian to 0. All the credit.
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  Cards coming to the Superintendent of the.
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  Department of Financial. Services and you don't mean?
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  Her actually. You mean if you were a person?
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  Who if you were a? Person trying to.
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  Understand where this all? Goes directionally if this
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  works. The way it's.
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  Supposed to work. You would think that it would
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  take out a lot of margin and then the question who is going
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  to capture that margin? So that is the promise of stable
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  coin, right, is that it is redoing the financial
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  infrastructure so things can move more quickly, they can move
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  more. Cheaply faster.
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  Right across borders and all of. That in the midst of all the
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  videos showing the House members passing the Genius Act and all
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  the other bills yesterday, this clip from Brad Sherman is pure
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  gold. It is customary, when we
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  consider major legislation, to give credit to those who created
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  the bill. The Ghost.
• 4:00
  Of Sam Bakeman, Freed looms above this auditorium.
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  He is the genius behind the genius.
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  Act and. One can only hope that he's able
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  to watch C-SPAN. On a.
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  Black and white television set. In his.
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  Prison Cell, I want to take a moment and pause to thank and
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  honor Brad Sherman for being the legendary Internet troll that he
• 4:22
  is. That is a legendary troll.
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  The big idea isn't cheaper payments, that's a second order
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  effect of better technology that's cheaper to operate with
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  less infrastructure and less middle men.
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  That's just deflation happening. The big idea is that there is a
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  capital asset that is being mispriced relative to other
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  assets that the majority of the world doesn't quite understand
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  yet. We're talking about $500,000 a
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  coin, $10 million a coin. In transition where the the
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  digital world will take off like a rocket to Mars.
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  So we saw Bitcoin hit all time high is capping over that
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  123,000 mark and we've seen inflows in the past week that
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  have been their highest of the year.
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  Where do you see Bitcoin prices going in the near term and in
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  the long term? Well, I think short term is
• 5:10
  going to half $1,000,000 and the long term it, it's very
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  conceivable to be at $10 million because what happens is that one
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  Bitcoin is worth 100 million satoshis and they're less than a
• 5:23
  penny when when they go and trade at a penny, that means
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  bitcoins at $1,000,000. So when people go to Schwab and
• 5:31
  go and buy a HODL, a Bitcoin ETF, they're basically buying
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  satoshis and for $1000 they're getting almost 1,000,000
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  satoshis, $2000. They easily have the best penny
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  stock idea in the world because they're buying increments of a
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  penny and as adoption takes place and there's a limited
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  scarcity of supply, it will rise.
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  I just saw the burka bag. The original Burka Bank, which
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  cost $2000, went for 9 million. If a burka bag is worth $9
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  million, who's to say that Bitcoin won't be worth at least
• 6:08
  that much in a decade? Shut out the Frank Holmes Hive
• 6:10
  Digital, Nathan Fast, the whole Simply crew that was able to be
• 6:14
  at the NASDAQ yesterday in New York to celebrate a big moment
• 6:18
  with the Hive Digital team. Speaking of NASDAQ, Adam Back is
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  partnering with Cantor Fitzgerald to the Bitcoin
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  Standard Treasury Company, which is going to merge with Cantor's
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  other SPAC that's already live enlisted.
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  It will be the largest Back deal ever.
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  They're raising $1.5 billion and we'll start off with 30,000
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  Bitcoin from the jump. These types of capital flows are
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  under discussed because when you look at these Bitcoin treasury
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  companies, you see them continuing to buy and stack
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  Bitcoin. How many of them have you seen
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  actually selling? Speaking of never selling your
• 6:46
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• 6:51
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• 6:58
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• 7:26
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• 7:27
  One of the things that you do when you have valuable assets
• 7:30
  like a burqa bag that's worth $9 million is you protect it.
• 7:34
  And the way that you protect your Bitcoin is by removing it
• 7:37
  from third party exchanges and doing it with confidence.
• 7:40
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• 7:43
  own, to brave it out, to tough it out, to try to be a sovereign
• 7:47
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• 8:00
  Wonder what they're doing to secure that $9 million burqa
• 8:03
  bag? That's another discussion.
• 8:04
  Head to the bitcoinway.com/simply Bitcoin.
• 8:07
  Here's a great clip from Joe Rogan's podcast that he had with
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  Jack Dorsey explaining about blockchain technology and why
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  it's cheaper and it's more efficient.
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  And the conversation started about block chains and the
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  efficiency of payments and those things.
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  But Jack Dorsey made a great comment at the end.
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  Bitcoin is making everything and everyone irrelevant.
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  Who doesn't adopt it? You.
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  Know the the source of truth can be verified at any point around
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  the network and you can see you know this this annotation around
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  how content or how around money like traveled so you don't.
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  Have to go. To an institution.
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  So the records, yeah, there's no centralized check, there's no
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  centralized control over it. And I think that is threatening.
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  It's, it's, it's certainly threatening to certain services
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  behind banks and financial institutions.
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  It's threatening to some governments as well.
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  So I just look at this and like, how do we embrace this
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  technology, not react to it in a, in, you know, more from a
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  threat standpoint, but like, what does it enable us to do and
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  where does our value shift? And that's what we should be
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  talking about right now is like how our value shifts.
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  And there's always really strong answers to that question.
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  But if you're not willing to ask a question in the 1st place, you
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  will become irrelevant because technology will just continue to
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  March on and make you irrelevant.
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  Why did I share that clip? Well, with all the discussion
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  centered around 0 cap gains and credit card fees going to zero
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  and the great use cases for technology like stable coins and
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  Bitcoin in the payments infrastructure, that isn't the
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  big idea. That's a second order effect.
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  What if you could created collateral?
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  What if you could create an asset that's not tied to the
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  existing financial system? And what if that asset were able
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  to be verified and to be stored as energy not just now, but
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  hundreds and thousands of years from now without any loss in
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  value? That's the big idea.
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  The idea of being able to move $1,000,000 from, you know, New
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  York to Tokyo is only the second order idea.
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  It allows you to bypass the Fed and it you know, it allows you
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  to bypass all the credit layers. So you don't need the central
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  bank, you don't need the correspondent bank, you don't
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  need the credit card network, etcetera.
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  Yeah, all, all nice, but what I, what I've said tongue in cheek,
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  if you go back some of my tweets, I said the magic of
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  Bitcoin is not transferring money to someone 10,000 miles
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  away. It's transferring money to
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  someone 10,000 days away, right? It's it's, it's a much bigger
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  idea, right? The minor idea is I transfer the
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  money through space, cross domains, point to point in
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  cyberspace. The bigger idea is I manifest
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  the money in cyberspace because something in cyberspace never
• 10:54
  dies. It's forever.
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  The real interesting idea here is not that I can send a billion
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  dollars from point A to point B for a dollar like A, which is
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  whatever, 1000 X 10 a million X cheaper.
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  If I can move money a million X cheaper, that's an idea.
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  But the idea that I could put the billion dollars into
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  cyberspace at all, where it will be uncorrupted and immortal and
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  last for a million years, that's a much bigger idea.
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  And then the biggest idea, the biggest idea is that once I put
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  it in cyberspace, it's not just immortal, it's pure energy,
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  right? People get confused about energy
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  because, and we could talk about it a bit.
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  The truth is it's even better than energy.
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  It's scarcity. Bitcoin is the best store of
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  value in the world. And what's going to continue to
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  happen is that there's going to continue to be more buyers than
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  there are sellers, more demand and less and less supply.
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  And when capital flows like your 401K come online, that's going
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  to make it even more scarce and even more harder to acquire.
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  It's sort of like a $2000 burqa bag that's now worth $9 million.
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  We're going to look at $120,000 Bitcoin and say, man, those were
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  the good days. Stay locked in and block out all
• 12:15
  the noise. This is pure signal and pure A1
• 12:17
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• 12:20
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• 12:23
  corners in real life. That's what hundreds of people
• 12:25
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• 12:27
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• 12:30
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• 12:32
  using the promo code Simply Bitcoin.
• 12:34
  As always, thanks for watching these videos.
• 12:37
  Please do like and share these videos and subscribe to the
• 12:39
  channel if you already haven't. This is Dante Coca Bitcoin
• 12:42
  Simply happy stacking.