Latest / Simply Bitcoin / The Bitcoin Singularity Has Arrived | Digital Credit Causing Supply Shock | Bitcoin Simply

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The Bitcoin Singularity Has Arrived | Digital Credit Causing Supply Shock | Bitcoin Simply · Simply Bitcoin

• 0:00
  We're on the verge of the biggest Bitcoin supply shock in
• 0:02
  history. Everyone knows that strategy is
• 0:04
  buying billions in Bitcoin every week, but not a lot of people
• 0:07
  know about Strive. Strive just became the first US
• 0:13
  listed security to pay cash dividends Daily and everyday
• 0:17
  people are beginning to wake up to the realization of the
• 0:20
  benefits of digital credit. And it's not just everyday
• 0:23
  retirees. Pension funds are starting to
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  add Bitcoin to their portfolios in droves.
• 0:28
  But honestly, this isn't going to lead to the Bitcoin breakout.
• 0:31
  There's an even bigger signal that'll tell us when Bitcoin's
• 0:34
  ready to break out. You texted me a very interesting
• 0:37
  idea. Usually we talk about Bitcoin
• 0:39
  and you mentioned Dogecoin. But what I the data I love the
• 0:42
  most is the data that I can attach a signal to.
• 0:47
  Dogecoin. What signal can Dogecoin
• 0:50
  possibly give us about a Bitcoin breakout?
• 0:52
  What is the Wall Street Journal's latest article signal
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  about a Bitcoin rally? We're going to discuss how the
• 0:57
  next bull market won't be fueled by treasury companies.
• 1:00
  But actually the signal is going to come from the crypto Bros.
• 1:03
  This is Dante Coke with Bitcoin. Simply let's go.
• 1:09
  Something's coming to simply Bitcoin, and it's going to be
• 1:12
  the biggest thing that we've ever dropped as a company.
• 1:14
  We're not sharing everything just yet, but we wouldn't invite
• 1:17
  a small select group of people into the behind the scenes of
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  what we're building. And we want to make sure that
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  you're a part of it. Join the launch list now.
• 1:25
  The links in the description. A big bank that I, that I do
• 1:29
  business with put out a, a preferred stock report and, and
• 1:34
  they published all the preferreds and the, and the
• 1:37
  average preferred stock in the United States and in our capital
• 1:40
  market pay 6% and it's illiquid. You know, if you're strive and
• 1:47
  you have a preferred stock that pays 12% and it's liquid, what's
• 1:50
  that worth? Hello.
• 1:52
  How much more would it be worth if it not only pays 12% but 13%
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  and not dividends every month but every day?
• 1:59
  Strive SADA just became the first US listed security to pay
• 2:02
  cash dividends daily. Look at this tweet from Mike
• 2:04
  Alfred. He said his mom just got her
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  first dividend from the SADA product and was amazed at how
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  much that it paid out. What if it paid out more and it
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  did it more frequently? How many more retirees like her
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  would flock to digital credit? They don't even know that when
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  they're putting their dollars to work to get a dividend in Fiat
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  that they're buying more Bitcoin and issuing a supply shock.
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  The world calls everything that they don't understand a Ponzi
• 2:27
  scheme, but it's actually really simple.
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  They're taking advantage of a dislocation in the preferred
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  stock and dividend market. Bitcoin is not only a 24/7
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  liquid instrument when the majority of preferred stocks are
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  backed by non liquid instruments.
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  And it's an asset that has a history and a track record of
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  appreciating more than the underlying assets of other
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  preferred stock vehicles. And this is what Strive and
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  MicroStrategy are doing with Stretch and Masada.
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  Neither of the companies will have any debt, as MicroStrategy
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  said they're buying back $1.5 billion of their convertible
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  debt. So this is a company that's
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  going to have $100 billion in Bitcoin assets on its balance
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  sheet, growing 1 to 2% a week through Stretch, and it's going
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  to have 0% debt. This is going to make the index
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  committees think long and hard about whether MicroStrategy or
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  MSTR should be a publicly listed company in the S&P 500.
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  It already passes every other qualification.
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  And when this happens, the education and awareness around
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  its products is going to explode.
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  This is the singularity that nobody saw coming.
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  But is MicroStrategy getting a little too full of themselves?
• 3:32
  Are they missing the plot and thinking that Stretch itself is
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  the money? Howdy, you see that behind me?
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  Black gold. Now black gold on its own don't
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  do much. Oil companies refine it, turn it
• 3:48
  into gasoline. Helps me work well.
• 3:51
  Bitcoin is digital gold and strategy refines Bitcoin, turns
• 3:56
  it into stretch. That's what powers my money.
• 4:00
  Works for me. Stretch 11.5% annualized
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  dividend rate paid monthly listed on NASDAQ.
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  Bitcoin is the money, and one thing is clear, the money is so
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  broken. We need products that return
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  8910 percent just so that we can make it.
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  This is the reality and This is why every time Bitcoin doesn't
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  deliver on the time frame and time window of most retail
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  investors while they dump it. And every few months we get an
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  article like this one from the Wall Street Journal that says
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  that Bitcoin has failed, that Bitcoin O GS and investors are
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  flocking away from Bitcoin to other crypto projects.
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  In this example, they say is Z cash, which reminds them of
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  Bitcoin in its early days. And this is a bullish signal
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  every single time when Bitcoin doesn't deliver on the get rich
• 4:47
  quick scheme that everyone is hoping that it does Well, you
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  see clips like these from crypto influencers, which is bullish.
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  Do you hold any crypto currently?
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  TDR. All just stables right now and you know what I like I got
• 5:01
  out of all my Bitcoin. I took a loss.
• 5:04
  I was buying a bunch as it came down to like 100,000 and as it
• 5:10
  got into 90. Slamming it too, right?
• 5:13
  Yeah, have you talked about the figures bro?
• 5:15
  I put in close to like 1.5 mil. Like bro, like yeah.
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  A lot, but like, yes, I mean, obviously that's that's going to
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  hurt, you know, I'm going to lose 6 figures on it, but I
• 5:35
  would rather take I would rather take that loss and allocate that
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  money elsewhere. I just.
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  I remember it's. Not saying bro.
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  This is a signal. This means that retail investors
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  are no longer invested in Bitcoin.
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  This is the signal and the noise.
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  The data I love the most is the data that I can attach signal
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  to. So, and this is the signal that
• 6:03
  Jordy Visser saw that he said is going to be the thing that tells
• 6:07
  us when the next Bitcoin boom comes.
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  One of the things that we truly believe in this revolution is
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  not buying derivatives and things on top of Bitcoin.
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  Bitcoin is actually money because it allows you to take
• 6:59
  sovereignty over that money. There's no bank, there's no
• 7:02
  middle person, there's no third party to says that you can't
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  store and have value in your money, but you can only truly
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  have confidence in that if you hold the keys.
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  Dash Cook to get started. I think a year from now people
• 7:44
  will be looking at crypto in the same way.
• 7:46
  They're not paying attention to it right now because it's not
• 7:49
  moving. So this is where Dogecoin fill
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  fits in. Dogecoin to me has no
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  institutional sponsorship. It has zero associated with what
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  I'm doing. And that's why me not looking at
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  it's important. The reason I started looking at
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  it is technically it looks close to a breakout.
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  At the same time, Bitcoin up near the 200 day moving average
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  looks like a breakout. Etherium around 2400 to 2450 to
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  me would look like a breakout. But Dogecoin, to me, if it can
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  break out and actually run, that would mean that retail is
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  starting to get interested. We talked about how retail was
• 8:23
  focused on AI. Well, guess what?
• 8:26
  If I'm right about memory, that whole DRAM thing right now, it's
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  done. It's not that it won't be back
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  in a year or maybe 2 years, but it's already had a huge run.
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  Micron has outperformed every mag 7 dramatically since 2018,
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  dramatically. Forget the last year
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  dramatically. So I think we're at a point
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  where you have to watch things like Dogecoin, you have to watch
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  things like Bitcoin. If Bitcoin gets above that
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  82,000 level, it will have broken the 200 day moving
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  average. And I'll end it on this.
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  I said the most important thing was the regime shift.
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  This week we have negative real yields and I think they're only
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  going to get worse. And I don't think the Fed is
• 9:01
  going to move rates. And I think earnings in the S&P
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  are still going to be good, which means there will be a
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  floor to the stock market. Even if we get a sell off, you
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  want to be in a position to buy things because I think they're
• 9:12
  going to have to do something in rates.
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  And that's why rates moving higher is actually the best
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  thing for gold, for silver, for copper and for Bitcoin, because
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  the government will have to push rates back down.
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  And that's going to take some kind of debasement move that
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  they're going to have to do to keep these under control.
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  And I think that's a positive so.
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  I just want to make sure people understand they're going to hear
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  Jordy Dogecoin and now I'm going to freak out.
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  But what what you're saying is you almost don't care what the
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  underlying asset, the thesis, etcetera.
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  You're using Dogecoin as almost a retail index.
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  You're saying there's no institutional participation
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  here. And therefore, if there is
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  excitement in the quote UN quote retail index, which is just
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  happens to be named Dogecoin, then that is a signal that you
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  would use that retail excitement is coming back to crypto more
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  generally, Bitcoin, etcetera. And so really you're almost
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  using it as like an alarm system because it is the most pureplay
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  non institutional asset that has size liquidity in crypto.
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  I don't even need to say anything else, you just
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  described it exactly the way I'm using it.
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  All right, what does this mean for Bitcoin?
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  Well, DOGE is the retail proxy. There's no institutional
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  investors in DOGE. And So what we can look at right
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  here is that there is an institutional floor with
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  Bitcoin, with companies like Strive and MicroStrategy buying
• 10:28
  Bitcoin every single day and week right now up to billions of
• 10:32
  dollars worth of Bitcoin every single week through those
• 10:34
  products. We know that there's an always
• 10:36
  on ready demand buyer for Bitcoin, but it's retail who
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  actually drives up the bid price when Bitcoin runs and DOGE is a
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  proxy for that. And what these different
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  products, the Kaushi's, the prediction markets, what they
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  tell us is that the world wants and needs to gamble.
• 10:54
  Why is every commercial break in every playoff basketball game
• 10:57
  you watch about DraftKings? It's because people need to take
• 11:00
  moon shots in order to feel like they're getting ahead.
• 11:02
  A salary is no longer enough. Even the politicians know and
• 11:06
  understand that you need more than your salary just to get
• 11:09
  ahead. And that's why they still
• 11:11
  advocate that they can do insider trading.
• 11:14
  Come on man, it's what we need to survive.
• 11:16
  Well, look, you know, the, the salary of Congress has been
• 11:19
  frozen since 2009. You know, when you adjust for
• 11:23
  inflation, a member of Congress today is make it 31% less than
• 11:25
  they made in that year. It goes down every year and and
• 11:29
  over time, if you stay on this trajectory, you're you're going
• 11:32
  to have less qualified people who are willing to make the
• 11:35
  extreme sacrifice to run for Congress.
• 11:37
  And it's just people just make a reasonable decision as a family
• 11:40
  on whether or not they can come and and move to Washington, have
• 11:42
  a residence here, residence at home and do all the things that
• 11:44
  are required. So the the counter argument is,
• 11:47
  and I have some sympathy. Look, at least let them like
• 11:50
  engage in some stock trading so that they can continue to, you
• 11:55
  know, take care of their family. Warren Buffett has a fix for
• 11:58
  this. It's called accountability.
• 12:00
  If every single year our deficit was more than 3% of GDP, well,
• 12:04
  then everybody would be fired. That would solve the problem
• 12:06
  immediately. I.
• 12:07
  Get in the deficit in 5 minutes. You just pass a law that says
• 12:11
  that anytime there's a deficit of more than 3% of GDP, all
• 12:15
  sitting members of Congress are ineligible for re election.
• 12:18
  Yeah, now you've got the incentives in the right place,
• 12:21
  right? So it's capable of being done
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  and they're trying to use the incentive now that.
• 12:27
  But it wouldn't actually solve the root problem, because the
• 12:29
  root problem is the Fed. Before the Fed, there was market
• 12:33
  crashes and booms. There are fires, there's ice,
• 12:36
  there's rain, there's storms, there's sunshine.
• 12:39
  It's called seasonality. It's built into the world.
• 12:42
  We have four of them every single year, and no one
• 12:44
  questions why it's hot one part of the year and cold another
• 12:46
  part of the year, why things go up and why things go down.
• 12:49
  But as soon as we started to create a steady state, have
• 12:53
  everything be fixed, no volatility, well, that's when we
• 12:56
  created the problems. And the problem was the Fed, the
• 12:59
  Fed intervening. Anyone who studied history knows
• 13:01
  it for the 1st 150 years of this country the federal government
• 13:06
  did not intervene when the economy turned down and all that
• 13:10
  time the downturns all corrected themselves.
• 13:13
  One of the one of the one of the most classic examples was on the
• 13:16
  Warren G Harding. When he his first year in
• 13:19
  office, he found the unemployment rate at 11.7%.
• 13:23
  He did absolutely nothing and he did not spend more government
• 13:26
  money. He cut back government spending.
• 13:29
  The Federal Reserve had the interest rates up at 6 or 7%,
• 13:33
  not down at 1% where they are now.
• 13:36
  The next year unemployment was at 6.7%.
• 13:39
  The year after that it was 2.4%. So the economy has recuperative
• 13:44
  powers. The system would naturally
• 13:46
  correct itself. Whenever there's too much brush,
• 13:49
  well, there's a forest fire and it clears it out and there's
• 13:51
  fresh soil for new plants to grow from.
• 13:54
  The same thing is true with the economy.
• 13:56
  When there's over leverage, there's too much exuberance.
• 13:59
  There's people gambling and doing things that they shouldn't
• 14:01
  do while they get wiped out. But there's more investors that
• 14:04
  can step in and buy these things.
• 14:06
  But when you try to eliminate all of the downside, all of the
• 14:10
  risk, the too big to fail, the too big to fail banks, well, you
• 14:13
  create a system that continues to need to be propped up in
• 14:16
  order to function at a normal capacity.
• 14:18
  And that's why everyone needs to invest all the time.
• 14:21
  They need to invest in products and find the next thing to
• 14:23
  invest into. And So what I'm telling you,
• 14:26
  what we've been telling you on this show is that Bitcoin is the
• 14:29
  best area to invest. Let me share with you a clip
• 14:32
  from Larry Fink, the manager of the largest investment trust in
• 14:35
  the world at BlackRock. He manages over $13 trillion
• 14:38
  worth of assets. Here's where he says that you
• 14:40
  need to invest. The United States is short
• 14:42
  power. We're short compute.
• 14:45
  We're short chips and they're going to be shortages in all
• 14:49
  three and memory 4 things. I actually believe a new asset
• 14:55
  class will be buying futures of compute.
• 14:58
  We just don't have enough compute power right now.
• 15:04
  He's talking about AI, scarcity, compute derivatives being built
• 15:08
  on future compute. He's talking about
• 15:10
  infrastructure. There's no greater way to invest
• 15:13
  into AI, scarcity, compute and future infrastructure than
• 15:17
  Bitcoin. It ticks all of those boxes and
• 15:20
  it has the geopolitical upside behind it that when there's
• 15:23
  chaos, that when there's disruption in the governmental
• 15:26
  and political sphere, Bitcoin is going to be a hedge, Bitcoins
• 15:30
  going to be a hedge against inflation.
• 15:31
  Bitcoin already has institutional buyers that are
• 15:34
  buying billions of dollars of bitcoins.
• 15:35
  So the floor is in. We're just waiting for retail to
• 15:38
  come in for that FOMO to kick in.
• 15:39
  So when you see those run up, you know it's about to be party
• 15:42
  time, baby. One of the ways that you can
• 15:44
  invest into AI, scarcity compute and infrastructure is by working
• 15:48
  with a company like SAS Mining. They allow you to buy a Bitcoin
• 15:51
  miner, which checks all of the boxes that Larry Fink just talks
• 15:54
  about. Except the beautiful thing is
• 15:56
  you don't have to manage it. They have the machines, they
• 15:58
  repair them, they send SAT straight to your wallet.
• 16:00
  You invest in the decentralization of the Bitcoin
• 16:03
  network and you become more sovereign in the process.
• 16:05
  Use the QR code to get started. And if you haven't already done
• 16:08
  so, subscribe to the channel. We dropped fire like this seven
• 16:12
  days a week. Happy Sunday and happy stacking.
• 16:15
  Who do you have for game 7:00 tonight?