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Why The Iran War is Distracting You From Bitcoin's RUN to $500K! | Bitcoin Simply · Simply Bitcoin

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The war we all feared is finally here. the US and Israel have
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Iranian leader Ayatollah Ali Kamani, and Iran responded by
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blocking the Strait of Hormuz, which controls 20% of all global
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oil. And markets have already began
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to crash. Oil rose 10% on the news, with
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some predicting that a barrel of oil could reach $100 next week.
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And Bitcoin, it dropped 3K in minutes, going from 66 K to 63 K
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just like that. And that's exactly what they
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want you staring at. Because while everyone was
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watching the red candle price in dollars, another chart was going
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vertical. In Iran, Bitcoin didn't crash.
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It exploded as people fled their collapsing currency.
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Bitcoin price in the Iranian real went parabolic.
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And that's when it hits you. What is gold worth if you can't
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cross the border with it? What is wealth if you can't move
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it when the world catches fire time and time again, war doesn't
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just test markets, it tests money.
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And right now, the wrong story is dominating your feed.
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Today I'm going to show you why this geopolitical chaos is
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distraction. Why major banks are quietly
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positioning themselves to allow 10s of billions of dollars to
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flow into Bitcoin, Why this time period feels eerily similar to
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2017, and why 500K Bitcoin isn't just hype, it's math.
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This is Dante Coke with Bitcoin. Simply, let's go.
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That's not a movie. That's the Skylight oil tanker
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in the middle of the Strait of Hormuz, the main trade artery
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that moves 1/5 of the world's oil supply, 17,000,000 barrels a
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day. Just got put at risk.
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Japan, India, China, well, they don't get to stay neutral
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anymore. They're now included into this
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fight as well. Here's why.
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If Iran blocks the Strait of Hormuz, what impact will it have
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on the entire world and which country will be affected the
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most? First, let's understand what the
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Strait of Hormuz actually is. It is a small area of just 33
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kilometres located between Iran, Oman and the UAE.
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It is a narrow sea passage through which almost 20% of the
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world's oil supply flows nearly 17,000,000 barrels every day.
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This oil comes from 8 countries located in the Persian Gulf
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including Iran, Iraq, Kuwait, Bahrain, Qatar, Saudi Arabia,
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and the UAE. For the United Arab Emirates,
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Saudi Arabia, Kuwait and Qatar, 90% of their oil exports pass
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through this narrow route to reach the rest of the world.
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If Iran blocks the Strait of Hormuz, following countries will
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suffer the most damage. First is India because it
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imports 85% of its oil and 60% of that comes from Middle
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Eastern countries like Iraq, Saudi Arabia, Kuwait and the
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UAE. Fuel prices in India would
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skyrocket and as a result, everything related to oil and
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all industries would face severe disruption.
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Industries could shut down, there would be job losses and
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the economy would be severely affected.
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The second most affected country would be China.
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China is the world's largest oil importer, bringing in 10 million
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barrels of oil every day. 40% of China's oil imports pass through
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this Strait of Hormuz. Although China has built oil
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pipelines with Russia and Central Asia, they don't even
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fulfil 20% of its energy needs. So if the Strait of Hormuz is
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blocked, Chinas economy could suffer a massive blow.
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And if Chinas economy is shaken, its effects will be felt all
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over the world. And This is why market sees this
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will dominate every headline this week.
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And ultimately I believe it's going to crush risk assets, even
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Bitcoin. This will continue the narrative
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of Bitcoin weakness, but this is exactly the time when this setup
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happens. Let me take you back to 2017
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because I've been around long enough where I've seen this
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movie before Bitcoin hits 1000 and everyone calls the top, but
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then 3K5K17K and then it dies again back to 3K.
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This is right when Bitcoin started to pique my interest and
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when I got seriously involved and at this time there was two
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years of boredom. Nothing happened.
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We grinded to 3K4K5K and then 10K and then all of a sudden at
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the beginning of 2021 we went from 10K to 58K and then the FTX
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collapsed where we crashed back from 69 K to 16 K.
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We then start a slow grind higher up to 100K in 2025 and
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then to 126 K later in the year. But right now we find ourselves
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back in the mid 60s and this is what happens over time.
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If you've been around long enough, you're not panicking
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because we've seen this before. These violent crashes with these
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slow grinds higher lead to a repricing in markets.
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We're in the zone of disbelief. Every cycle looks different in
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the moment, but I identical in hindsight.
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Bitcoin compresses and then it reprices, and the repricing
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happens faster than most people can react.
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And here's why this matters. Today, the pipes are refilling
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those days of boredom, the sideways grind.
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And you're hearing it from people who actually move
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capital, not just talking heads and influencers.
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Trillions are positioned to enter Bitcoin.
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You know, that's prices. We don't know.
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We never know the markets. But what's interesting at this
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particular time is there's never been a time where more people
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are interested in crypto governments and institutions
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into the technology and into implementing it.
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And then to see the price is this low, but the enthusiasm
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that high, it's very strange. And I think hit the nail on the
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head. It's just global uncertainty
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that's driving everything down. We have the ability to do
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something completely different. And the regulations now are
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finally in our in our favor, meaning the institutions of
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governments are leaning in and those trillions of dollars that
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were on the sidelines are going to flow into this
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infrastructure. When liquidity hits in Bitcoin,
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the price teleports. This is coming from the Bitcoin
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OG and Tether Co founder Reeves Collins, who's behind some of
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the largest capital flows in markets.
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He knows what's going on. Let's go back to the Strait of
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Hormuz and why Bitcoin is priced for a catabolic move.
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If the Strait of Hormuz closes, how does gold settle all of this
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brick stuff? Ships don't sell.
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Vaults don't open. Ledgers don't reconcile.
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Ownership becomes a negotiation, A negotiation between who has
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the most power and who doesn't. Gold protects your wealth until
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you actually have to move, use it.
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And people have found this out in wars and wars time and time
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again. 100 years from now, someone digs up a bar of gold
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from their backyard. Can they verify who owns it?
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No, because physical money depends upon trust and
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institutions. Bitcoin doesn't and it proves
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ownership instantly with just 12 words, even if that means you
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having to flee your country. And this is the shift the large
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capital players are now starting to price us in.
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They're now looking at how Bitcoin trades relative to gold.
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Listen to $15 trillion asset manager TD Cohen talk about this
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right now, saying that Bitcoin is as cheap as it's ever been.
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Pronounced progress in the pace of global Bitcoin adoption.
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You know, look, if if I were out here today trying to defend
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Bitcoin at $150,000 in the midst of weakening fundamentals, this
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would be a much more difficult conversation.
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But the fact of the matter is, if we think back what's happened
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over the past year, I mean, look, I'll admit I was late to
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the party. You know, I started looking at
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Bitcoin for the first time in 2022, and I'm a quick study, you
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know, and when I looked at it, it was, it was very clear right
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away that if we were starting with a blank sheet of paper, of
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course the world would be better off if we'd adopted Bitcoin as
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the global reserve, you know, currency rather than a Fiat
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currency, right? But we're not starting with a
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clean sheet of paper, right? We're starting in a world of
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dollar hegemony. And So what we wrote back in
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2022-2023 was that, you know, of course Bitcoin has all the
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attributes that make it from a technological standpoint, a
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superior store of value. But it's still a long shot.
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We thought at the time that it would ever be adopted widely
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just because of the, you know, the the powerful forces that
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were sort of positioned against it.
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Now that was that, you know, since that time, a lot of
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dominoes have fallen into place, right?
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And really, and a lot of these have happened, you know, in
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different administrations on both sides of the political
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aisle, right? So just in the past, you know,
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couple of years, we have seen as B changed the accounting
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standards to essentially make it much easier for corporations to
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adopt Bitcoin as a reserve asset.
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We have seen the SEC essentially legitimize the holding of of of
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we've seen them legitimize Bitcoin as an investable asset
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for mass for mass investors. You know, we've seen and that
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those those both happened during administrations that were not
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the one that's in the White House today.
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So Fast forward, you know, over the past 12 months, we've seen
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certainly these trends have accelerated in the current
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administration. We've seen we've seen the IRS
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bless the idea that of course we shouldn't be taxing unrealized
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gains on Bitcoin and so on and so forth.
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And that's just in the US you know, around the world, we've
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seen even more things. So you know, just tremendous
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progress. I mean, when I compare the
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fundamental, when I compare the price relative to the
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fundamentals relative to Bitcoin versus let's say gold, right,
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the other sort of store of value, if I compare those two,
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there has never been in my opinion, Bitcoin has never
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looked more attractive. It's never looked cheaper to me.
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Why he says that Bitcoin is superior to gold is because gold
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does not provide a global Ledger.
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And if you don't take it from him, listen to the CEO of the
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most valuable company on earth building infrastructure for this
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new AI wave. Despite all of this intelligence
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being built onto the world and on top of all of these
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applications, they still need a system of record, a system of
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ground truth. And the same thing that's true
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with software and how companies run is true with money.
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In the end also, we need the tools to finish their work and
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put the information back in a way that we can understand and
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that we call them system of records.
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And so each one of these tools have their own system of
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records. They, those system of records
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exist because we put them there and we use it so that we
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understand the information that's finally complete.
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And so those system of records will still be ground truth, and
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they'll continue to be ground truth.
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And now the agents will, you know, help.
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They will use it and they will populate the system of records
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that will use the tools that are available on these platforms.
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And once you understand that, you realize that the next
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monetary revolution isn't about the speed and the movement of
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money. It's about certainty.
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It's about knowing who owns what.
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It's about not being able to have your wealth confiscated.
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It's about being able to move your money in the times of
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global calamity, in global crashes.
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And the big banks realize this and they're starting to build
10:10
products and things around Bitcoin.
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But here's the bad part. They're going to find ways to
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monetize your assets. You just opting into Bitcoin
10:17
through a big bank, well, that doesn't do you any good.
10:20
Because when there is a global war, when there is global
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calamity, the banks don't allow you to get your assets.
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Don't fall for the trap. They're going to talk about ways
10:27
to make Bitcoin bankable. Listen to this clip from Citi
10:30
and how they're going to take all of the worry off of your
10:33
hands. So what does it actually mean to
10:36
make Bitcoin bankable? 3 things.
10:40
First, as we said, institutional grade custody and key management
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infrastructure. We also will be bringing Bitcoin
10:48
into the fold of the $30 trillion of traditional assets
10:52
that our clients entrance with us today.
10:53
So it will be the same framework that's applied and now brought
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to Bitcoin. We will be offering our clients
10:59
a single service model across crypto securities and money.
11:07
What this would mean is we will be feeding the Bitcoin positions
11:10
through the same reporting channels and frameworks and tax
11:14
workflows that traditional securities fold into.
11:18
We've heard from our clients like they don't want to handle
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wallets and keys and one time addresses, so we will take care
11:24
of those problems. Don't give your Bitcoin to Citi.
11:27
You can actually have institutional grade borrowing
11:30
against your Bitcoin that you can get lending to immediately
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from a provider like Lenin, the leader in Bitcoin back loans,
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which has been doing this in a more institutional grade
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fashion, cheaper, faster, better and more transparently than
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companies like Citi. They've issued over $10 billion
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worth of loans to 10s of thousands of customers and have
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never lost a single centre set of customer money.
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They do a digital proof of reserve so you don't have to.
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Trust me bro. You can see your Bitcoin that
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you deposit onto their platform in the dashboard itself.
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Borrow up to 50% of your Bitcoin value as price in dollars and
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get that Fiat into your account in less than six hours.
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The application takes just two minutes and the credit rate
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started just 12.4%, which is about half of the credit that
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you can go get with a credit card.
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Oh, and there's no credit checks.
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Go to learn dot LED and dot AO slash simply to get started.
12:17
One of the ways you can also not trust the big banks is by
12:20
becoming a bank yourself. Well, if you're afraid of how I
12:22
could do this, schedule a free 30 minute meeting with the team
12:25
at the bitcoinway.com. They'll walk you through step by
12:27
step of how you don't need to trust Citibank with your
12:31
bankable Bitcoin. You can actually just be your
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and you can do it privately, confidently, safely and
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securely. Schedule a free 30 minute
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meeting with the team by going to the URO
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thebitcoinway.com/dante. Before we finish, I want to
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remind you of a moment in history.
12:47
Not in finance, not in crypto, but in technology.
12:51
Let's go back to 2012. Smartphones already existed.
12:53
There was BlackBerry, there was Nokia, there were the flip
12:56
phones. Everyone thought that the
12:57
winners had already been decided.
12:59
And then there was this one crazy guy who had happened to be
13:01
the CEO of a publicly traded company, talking to a group of
13:04
investors about the next wave that he saw.
13:07
That was inevitable. The iPhone would be the device
13:09
of the future. Some people laughed.
13:11
The richest people in the world caught him crazy, but he knew
13:14
that this technology was inevitable.
13:15
He said that use cases were overhyped.
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It's growth was already priced in, and it's going to go by the
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way of the PC. That person who was talking
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about this in 2012 was Michael Saylor.
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There's not an 8 year old on the planet that doesn't want an
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iPhone 5, right? Who wants to wait 42 seconds to
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watch something download instead of 2 seconds?
13:35
Nobody, right. You don't have to be a genius to
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run Apple computer. You just have to every year and
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make the product a bit lighter, a bit more elegant, make it a
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better radio, make it a better battery.
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And then I sat with, you know, one of the 10 richest guys in
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the world for dinner three nights ago, five nights ago.
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And we had dinner for four hours and he didn't have to talk, you
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know, I didn't have to talking and at once.
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And he's much more successful than I am.
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I understand that, by the way. As I said, it's like it's you
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don't sometimes you got to do other things than just have
14:07
opinions to make money, right? There's a lot of execution
14:10
involved the rest, but I have opinions.
14:12
So so he said to me, you know, Apple Computer, can these guys
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hold their prices? You know, aren't, you know,
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aren't they going to follow the model of the PC industry?
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Aren't their prices are going to taper down, their 40% margins
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going to become 30 and 35 and 20.
14:28
And it's another example of people just know enough to hurt
14:30
themselves, right? If you go to France and it's the
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benefit of seeing enough, you go to France, you see, Bernardo Uno
14:36
runs a company, LVMH. They're selling handbags for
14:40
4000 dollars, 3000 dollars, $2500 each.
14:44
This is a device that women view as fashion.
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And it's 10,000 years old and for 10,000 years, no, the prices
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are not lower after 10,000 years, if you actually care
14:55
about this thing. How many women have $300 pair of
14:58
shoes? How many have two?
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How many have more than two, right?
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The the truth of the matter is, is when the technology goes from
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being a utilitarian vocational brick that I put under my desk,
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no one gives a crap about that to being a a piece of clothing,
15:16
right? A fashion statement, extension
15:19
of your personality, a piece of jewelry and iPhones, iPads,
15:23
they're they're somewhere between clothing and jewelry and
15:26
and accessory. At that point, they can hold
15:30
that price point forever. They can.
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They can basically sell you another $500 device every two
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years forever because everybody's got 5 and that the
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first billion people have got that and the rest of the world's
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getting elevated up. Fast forward to today, the same
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person talking about a different technology in the world is
15:47
reacting the same way. Back then they said the iPhone
15:49
was overpriced, unnecessary, and should go to zero over time just
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like everything else. And he's saying right now
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Bitcoin is trading at a 90% discount.
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This was back when it was at 100K, so we're at a 94% discount
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now. You know, now that we've gotten
16:03
there, now what? What's next?
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Every day for the. Past four years.
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I've said buy Bitcoin, don't sell the Bitcoin.
16:14
I'm going to be buying more Bitcoin.
16:16
I'm going to be buying Bitcoin at the top forever, I joked with
16:20
Dave Portnoy today, He said. I missed it at 10,000, I missed
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it at 20,000, I missed it 100,000.
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I said, Dave, it's still less than a million a coin.
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You're getting a 90% discount from a million a coin.
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I'm sure that I will be buying Bitcoin at a million a coin,
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probably a billion dollars a day of Bitcoin at a million a coin.
16:39
And so I think it's a very simple idea.
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It's just keep buying Bitcoin with your spare capital.
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It's going to appreciate against the dollar forever.
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The point isn't that he's always right.
16:49
The point is that this is what conviction sounds like.
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The point is that when the world is burning and crashing,
16:54
literally or figuratively, from war or in the markets, you have
16:57
to be able to see a different future in a different reality.
17:00
You see the red candles, you see the war, you see the claim and
17:03
collapse going on around you and everyone's pricing in the risk.
17:06
And every single cycle Bitcoin looks like this until it
17:09
reprices, It crashes, it grinds sideways or does little to
17:13
nothing, and people say I could have got better, return
17:15
somewhere else, and then it reprices all at once.
17:17
What you see happening in Iran is just a microcosm and a
17:20
symptom of what happens when your money gets stress tested.
17:22
Can you move it? Can you transfer it?
17:24
Can you be sovereign in a time when all of the things around
17:27
you are crashing down? And that's going to be the true
17:29
test of digital money as we move into a digital future.
17:32
Don't be distracted by this week's headlines or Bitcoin's
17:34
price at the moment, No, just based on history and what I've
17:38
seen personally, we're in a time of repricing and when it does,
17:41
it's going to be too late, but it'll be obvious in hindsight.
17:44
And that's why you subscribe to these channels.
17:46
You don't need to hear something new or something fancy.
17:48
You need to be reminded of the things that worked and have
17:50
worked in the past. That's why we grind every day
17:53
and that's why we drop alpha on this channel every day.
17:55
Subscribe if you get value and share it with a friend.
17:57
This is Dante Cook with Bitcoin simply happy stacking.
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