Latest / Simply Bitcoin / Can the $37 Trillion U.S. Debt Catapult Bitcoin to $10 Million? | Simply Originals
Transcript
- 0:00Bitcoin just completed its highest daily close in history,
- 0:04while at the same time, America just set a new record, $37
- 0:13trillion. Ladies and gentlemen,
- 0:16congratulations, we did it. Coincidence.
- 0:19Maybe if you look like this, but we're not morons.
- 0:23We understand 10th grade math and we know what's coming.
- 0:27And we also know what this means.
- 0:30And there will be money printing.
- 0:33And that's probably why we have a new model showing that Bitcoin
- 0:37could reach $10 million in less than six years and 20 million in
- 0:42just a decade. Boy.
- 0:45That escalated quickly. Strange things are happening,
- 0:49and when you look at what's happening, you really have to
- 0:52wonder, is Bitcoin destined to collapse between September and
- 0:56November and repeat history, or have we entered an entirely new
- 1:01paradigm? You know why they say buckle up?
- 1:04Well, because the road to Valhalla isn't for the faint of
- 1:08heart. Welcome back.
- 1:09I'm Ruston and we get a lot to get to.
- 1:16So there's some really big hitters out there who are just
- 1:18saying, I just don't see where we can get out of this one.
- 1:24But my right up in 2015, I made a compelling, compelling case
- 1:29that the markets were ridiculously overvalued.
- 1:31What's compelling? Data plots, quotes from the most
- 1:35famous investors in the world saying the markets are heading
- 1:39for a Cliff. And where did we go since 2015?
- 1:43Nothing but straight up. Right.
- 1:46And I go. I got no one's.
- 1:48No one saw that coming. They thought we were at the end
- 1:51of the rope again 10 years later.
- 1:54But MM greens, you know, passive theories make sense.
- 1:58You know, there everybody, you're now mandatory to get into
- 2:01a, you know, a passive fund and you put in the SP500 and it's a
- 2:05completely price insensitive way of investing.
- 2:08So until that the flows reverse, everything's about the flows.
- 2:11So until the flows reverse, I think, you know, here's the
- 2:14thing Dave, if flows keep coming in, it doesn't matter if
- 2:16Nvidia's at 200 times earnings, they'll buy it at 5000 times
- 2:19earnings. It won't matter until it
- 2:21matters. Then when they when they finally
- 2:23stop coming in, this is like, you know, you're looking up for
- 2:26the mountain and you're going, it's been snowing every day for
- 2:29a goddamn month and there's been no avalanche, right, right.
- 2:32It the Richard Russell once was asked, why can't this go on
- 2:36forever? And he says go into your kids
- 2:38room and start stacking blocks and keep stacking.
- 2:40And what happens and what happens is the block, that's the
- 2:43stack. It's so high that it becomes
- 2:46hyper shock sensitive and you end up with a big fucking pile
- 2:49of debris when that pile falls. So let's break this down.
- 2:53This is your captain speaking Stocks all time high, home
- 2:57prices all time high, Bitcoin all time high, gold all time
- 3:01high. Money supply all time high.
- 3:04National debt all time high. It goes to Infinity.
- 3:07CPI inflation, 4% per year since January 2022 X the Fed's target.
- 3:12Fed cutting interest rates next month.
- 3:15Not to mention a lawsuit from the president against the Fed
- 3:19chairman, possibly on the way. U.S.
- 3:21Treasury Secretary Scotty B not only expects A50 basis point
- 3:26rate cut in September, he believes we should be A150175
- 3:30basis points lower right now. And yeah, you know, if data had
- 3:34been accurate, possible Fed cuts could have come earlier.
- 3:37It's all rigged. And then there's this.
- 3:39We have Trump saying he's considering deploying the
- 3:42National Guard in New York and Chicago.
- 3:45Is this about crime or about something else?
- 3:48According to Financial, something big may be brewing.
- 3:54I mean, is this real or is this like bubble like behavior
- 3:58reminiscent of past crashes? That claim can definitely be
- 4:02made as the S&P 500 officially closes above 6400 for the first
- 4:07time in history. That puts the S&P 500 up plus
- 4:1033% from its April 2025 bottom. That's plus 13.5 trillion in
- 4:16four months. You think that's impressive?
- 4:18Look at these numbers. The US national debt surpassed
- 4:2237 trillion on Friday for the first time in the nation's
- 4:25history, just eight months after it reached 36 trillion.
- 4:29There really is nothing stopping this train, is there?
- 4:32Oh, and then there goes Thomas Massey being all right again.
- 4:36Thanks to the One Big Beautiful Bill Act, the debt just
- 4:39officially passed the $37 trillion mark.
- 4:42Oh, wait, wait a minute. Are you scared?
- 4:45Are you losing conviction? Does your faith ever get shaken,
- 4:49especially during these these very volatile periods is where
- 4:52Bitcoin has had a steep sell off.
- 4:54No, in my entire career, I've never seen anything as
- 4:57compelling and unstoppable as Bitcoin.
- 5:00Extraordinary enthusiastic. There are 8 billion people on
- 5:03the planet that need digital property, and Bitcoin is the
- 5:07dominant digital property network.
- 5:09So if you zoom out and you ask the question how are you going
- 5:12to provide economic prosperity to billions of people at the
- 5:14speed of light over a computer network, there's no better idea
- 5:18than Bitcoin. You know why Giga Chad's
- 5:20conviction is so strong? Because he knows he holds the
- 5:24thing. He knows Bitcoin is a black
- 5:26hole. You know how scientists talk
- 5:28about black holes, these cosmic monsters that suck in
- 5:32everything? Light matter, whole planets.
- 5:35And once you're past the event horizon, there's no coming back.
- 5:39That's Bitcoin. Samsung Mao Legend Gigabool, CEO
- 5:42of Jan 3, just dropped a reminder to the Bitcoin
- 5:45community. Everything is trending to zero
- 5:47against Bitcoin. Don't forget that Andy's right,
- 5:50and we're not just talking about altcoins or meme stocks here.
- 5:54He means everything. Your house, your stocks, your
- 5:58gold, your safe bonds, even your beloved Fiat currency getting
- 6:03slowly swallowed up. Let me, let me explain something
- 6:06to you right now, OK? Here's a $10.00 bill.
- 6:09This is garbage. This is garbage.
- 6:11Your people in South Africa, you have your ran, right?
- 6:15That's going to 0. That's going to 0.
- 6:17This is going to zero too. Euros are going to 0.
- 6:20The yen's going to 0. The Chinese currency's going to
- 6:220. It's all going to zero against
- 6:25Bitcoin. If you don't understand that
- 6:27yet, you're going to be impoverished.
- 6:29You're going to be on the street, you're going to be
- 6:30begging. You're going to be out of
- 6:32business. I'm going to be toast.
- 6:33Max. Do you know that it's a?
- 6:34Criminal offense. To tear up.
- 6:37Do you know that with the Bitcoin I have, I can buy any
- 6:39freaking senator or congressman I want?
- 6:42I make the laws. He who has the Bitcoin makes the
- 6:44laws. Rand, we're not going to just
- 6:46sit around and let the God damn God tell us what to do.
- 6:49We've got the capital. We make the laws.
- 6:52We've got the Bitcoin thing, don't we?
- 6:54Got it. They don't.
- 6:56Do you understand? I'm lecture Max I.
- 6:58Got you. Why?
- 7:00Because Bitcoin is the perfect predator in the financial
- 7:04universe. No central issuer, no just print
- 7:07more button locked at 21 million.
- 7:09That's it forever. And if you account for lost
- 7:11coins and stuff, it's probably like 17 million or something.
- 7:14And ETFs are vacuuming up the supply.
- 7:17Corporations are pulling Michael Saylor issuing debt just to
- 7:21stack more Sats, and nation states are quite quietly joining
- 7:25the party. Oh, Kazakhstan is the greatest
- 7:29country in all the world. All other countries are ruled by
- 7:32little girls. Poof, look at them go.
- 7:35Meanwhile, your dollars bleeding purchasing power, your stocks
- 7:39diluted and taxed, your gold heavy, centralized and stagnant
- 7:44against Bitcoin. It's all headed to 0.
- 7:46Max Keiser's been saying this for years.
- 7:48Samson's doubling down, and history has proven them right.
- 7:51When the black hole starts pulling everything, you don't
- 7:55sit there polishing your Krugerrands.
- 7:57You get off the planet. You get Bitcoin because the
- 8:01event horizon is closer than most people think, and once you
- 8:04cross it, there is no coming back.
- 8:07That's probably why this new model is showing the Bitcoin
- 8:10could reach 10 million in less than six years and 20 million in
- 8:13just a decade. We're about to bring it home
- 8:15today. But before we do, look at our
- 8:17likes. Three or four times maybe.
- 8:19I. Pump those numbers.
- 8:20Up. Those are rookie numbers in this
- 8:22racket. Don't forget to like, subscribe
- 8:23and give us a PAMP while we take a moment to recognize our
- 8:26sponsors powering this show over at the Bitcoin Way while the
- 8:29institutions keep stacking and the government might approve
- 8:32their Bitcoin. You know what's better than
- 8:34approved? Free.
- 8:35Free from control, free from confiscation, and free from
- 8:38anyone telling you when and where you can spend or send
- 8:42anything for that matter. That's why self custody matters,
- 8:45and that's why we work with the Bitcoin Way.
- 8:47I'll walk you through taking control of your Bitcoin safely,
- 8:50privately, and without headaches.
- 8:52If you don't hold it, you don't own it.
- 8:54Use that link in the show notes to schedule a free 30 minute
- 8:56consultation and get your Bitcoin off exchanges and into
- 9:00self custody today. And once you've secured your
- 9:02Bitcoin, here's how to make it work for you without selling a
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- 9:10selling it, well, you're holding pristine collateral.
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- 9:41Simply and simply, Bitcoin clients will get 25 basis points
- 9:44off their first loan. Your what's MicroStrategy worth
- 9:48today? What's the number 74 billion,
- 9:50whatever the number was, right? Can you look up MicroStrategy
- 9:52market cap? I'm just curious, OK, $73
- 9:55billion today, if you're saying .1% today, it's going to go to
- 10:027%, that's 700X, right? So if it's 90,000 today, if I do
- 10:0813,000,000 / 90,000, you're expecting to 144 X MicroStrategy
- 10:18in 21 years. If I do 144 * 73 billion, you're
- 10:26estimating to be a 10 1/2 trillion dollar company in 21
- 10:29years. Is that correct, give or take?
- 10:31Yeah, I guess with that math, yeah, Bitcoin goes from 90,000
- 10:37to 13 million. So multiply 13 / 90,000, it gets
- 10:41you to a big number. All right, here we go.
- 10:44It looks like Saylor will be happy with this new model from
- 10:47Satoshi Action Fund. Shout out to Dennis Porter and
- 10:50also Murray Rudd who helped put this together and he had this to
- 10:54say on the model. The model relies solely on on
- 10:561st principles, economic supply and demand dynamics rather than
- 11:00assumptions about Bitcoin price appreciation, its historical
- 11:03price trend, or its potential effectiveness in demonetizing
- 11:06other asset classes. There are tons of charts.
- 11:09It's about a 45 page PDF and a thread from Murray Rudd is
- 11:13excellent. We're going to link those below
- 11:15for you guys to go check out. This is pretty awesome stuff.
- 11:18And what's cool is they factor in impacts of like different
- 11:21possible and hypothetical macro events like Satoshi's stack
- 11:25getting hacked in 20-30. Supply shocks are in the study
- 11:29as well. It is an incredibly bullish
- 11:31report and I'm sure we'll be diving into a lot more of it
- 11:34soon. And we're going to find out soon
- 11:36if green, green green red is cancelled and if it's up only
- 11:41season and the paradigm has shifted.
- 11:43It sure has. If you're holding Turkish
- 11:45lyrics. For the love of God, just buy
- 11:47Bitcoin now. If history repeats, the
- 11:50temporary Bitcoin peak looks to arrive between September or
- 11:54November. If it doesn't, the game has
- 11:57changed. We have events and news aligning
- 11:59with both narratives, but regardless of a crash, the
- 12:03capital will be fleeing and it'll be fleeing to quality.
- 12:06This rally is way beyond the rumor.
- 12:09I think the the rally today is about a flight to quality with
- 12:13all the, you know, all the issues around the Israeli war,
- 12:17now global terrorism. And I think there's more people
- 12:22running into a fight. The quality, whether that is in
- 12:25treasuries, gold or crypto, depending on how you think about
- 12:28it. And I believe crypto will play
- 12:30that type of role as a flight to quality.
- 12:33Corrections just mark further Bitcoin ascensions, so stay
- 12:37humble and stack sets because the future of Bitcoin is
- 12:40probably more bullish than any of us can imagine.
- 12:43But you can get a taste of what the future holds.
- 12:46Don't miss Mining Disrupt 2025, the world's biggest Bitcoin
- 12:49mining conference. Live demos, new rigs, and the
- 12:52people who are literally securing the network.
- 12:55They're heading to Dallas, TX November 11th through the 13th.
- 12:58Meet the legends building the hash power revolution.
- 13:01From sovereign mining to AI and Bitcoin integration, prepare to
- 13:05have your mind blown. Grab those tickets today and
- 13:07come see Simply Bitcoin at the news desk.
- 13:09Don't forget to use promo code Simply Bitcoin for 20% off.
- 13:13Hey, what do you guys think for the big print crash markets into
- 13:16Bitcoin causing the mother of all supply shocks.
- 13:19That's right MO ass sending Bitcoin to 10 million in six
- 13:24years. Let us know what you think
- 13:26below, but I say party on let's go, and I hope you guys enjoyed
- 13:31this one. Don't forget to like, subscribe
- 13:32and give us a pant by sharing the sound money gospel.
- 13:35Set those notifications for the best in Bitcoin news delivered
- 13:38to you daily. Love you guys, catch you
- 13:40tomorrow. If you.
- 13:42Prefer to. Go down with the ship.