Latest / Simply Bitcoin / Russia Exposes America’s Secret $35 Trillion Bitcoin Plan | Bitcoin Simply
Transcript
- 0:00They leaked it. Russia just exposed America's
- 0:02secret Bitcoin plan. Putin's top adviser is saying
- 0:06that the US government is using Bitcoin and stable coins to wipe
- 0:09out its $35 trillion in debt. Donald Trump dropped this little
- 0:12nugget at an event in July, and it didn't get much news.
- 0:15But now it all makes sense. Maybe we'll pay off the 30. $5
- 0:18trillion in. Crypto.
- 0:24I'll write out, I'll write out a little piece of paper, 35
- 0:26trillion crypto we have. No debt.
- 0:32Well, when you combine this with the fact that Donald Trump just
- 0:35said that the US will be announcing $17 trillion in
- 0:38investment in the coming weeks, you have to wonder, is the
- 0:41United States government making Bitcoin the global reserve
- 0:44currency? Are they using stable coins to
- 0:45generate demand for their debt while simultaneously boosting
- 0:48the crypto market to wipe out their debt Looks right.
- 0:58That's right, it looks right. It's time to strap in.
- 1:00This is Dante Coke with Bitcoin. Simply, let's go.
- 1:07But who knows, Maybe we'll pay off our $35 trillion, hand them
- 1:10a little crypto check, right? We'll hand them a.
- 1:12Little Bitcoin. And wipe.
- 1:14Out our 30. $5 trillion. But how do you want it to be
- 1:17more prominent in America? How will that work?
- 1:19Oh, it's. Going to work easily.
- 1:21It's already prominent, it's moving along.
- 1:24It's very loosely regulated. That's one of the reasons it's
- 1:27moving along. But it is a different form of a
- 1:30currency, and it's going to end up benefiting the country.
- 1:33But if we shut it down, like, you know, Biden's trying to shut
- 1:36it down, Biden doesn't have the intellect to shut it down.
- 1:39Can you imagine this guy's telling you to shut something
- 1:41down like that? He has no idea what the hell it
- 1:44is. But if we don't embrace it, it's
- 1:48going to be embraced by other people.
- 1:50You know, it's a massive thing already.
- 1:52Donald Trump has been dropping hints that the US government's
- 1:55plan is to wipe out its debt with crypto.
- 1:58And the only major coin that they've made major moves about
- 2:01with bills and in the press has been Bitcoin.
- 2:04To this point And since September of last year, he's
- 2:06been very clear, saying that if the US didn't do it well, our
- 2:09adversaries would. And what was once a rumor has
- 2:12now been confirmed by Putin's top economic adviser.
- 2:15The US is now trying to rewrite the rules of the gold and
- 2:19cryptocurrency markets. Remember, the size of their debt
- 2:24is 35 trillion. These two sectors, crypto and
- 2:30gold, are essentially alternatives to the traditional
- 2:33global currency system. Washington's actions clearly
- 2:38highlight one of its main goals to urgently address the
- 2:44declining trust in the dollar. As in the 1930s and 1970's, the
- 2:51US intends to solve its financial problems at the
- 2:54world's expense, this time by pushing everyone into the crypto
- 3:01cloud. OK, this is massive news, and
- 3:05the likelihood that this is America's plan is pretty good
- 3:07because it's coming from an advisor from another country.
- 3:10It's curious that this was just announced on the back of
- 3:13Kazakhstan announcing they will be making a strategic Bitcoin
- 3:16reserve. Remember, they're on the border
- 3:18of Russia. Here's the plan. the US
- 3:20government is going to use stable coins to boost demand in
- 3:23Treasuries while also creating UST, or Global dollars that can
- 3:27be used by anyone around the world with a smartphone.
- 3:29Stable coins will then reinforce the demand for Bitcoin, which in
- 3:32turn will also fuel stable coin growth.
- 3:34This is the new economic flywheel.
- 3:37Treasury Secretary Scott Besson has given us this playbook
- 3:40numerous times. I think stable coins create an
- 3:43exciting new payment rail and importantly, it will be a source
- 3:49of demand for the US Treasury market.
- 3:52Roll the next clip. We are going to keep the US the
- 3:55dominant reserve currency in the world and we will use stable
- 3:58coins to. Do that.
- 3:59OK, Roll the next clip. And we are going to put a lot of
- 4:03thought into the stable coin regime.
- 4:06And as President Trump has directed, we are going to keep
- 4:11the US the dominant reserve currency in the world.
- 4:14And we will use stable coins to do that.
- 4:16Thank you. All right, you get the point.
- 4:19Donald Trump has been very clear that this is the most important
- 4:22industry in America moving forward and it's going to offset
- 4:25pressure in the dollar. I became a fan of crypto and to
- 4:28me it's an industry. I view it as an industry and I'm
- 4:30president and we've dominated that industry.
- 4:33It's a big industry, by the way. In fact, when the stock market
- 4:36went down recently, crypto and Bitcoin and all of that went
- 4:38down much less than anybody else as a group.
- 4:42And we've created a very powerful industry and that's
- 4:45much more important than anything that we invest in.
- 4:48We we invest in it. But really that was an industry
- 4:51that wasn't doing particularly well.
- 4:53I got involved with it a couple of years ago.
- 4:55It's become amazing. I mean, it's the jobs that are
- 4:58producers. And I notice more and more
- 5:00you're paying Bitcoin. I mean, people are saying it
- 5:02takes a lot of pressure off the dollar.
- 5:04And it's amazing that the United States government also this week
- 5:08made an announcement that it's going to make another
- 5:10announcement that it's been making 17 trillion dollars in
- 5:13investments, A liberation day of sorts.
- 5:15But I'm really happy when you see almost 17 trillion.
- 5:20Dollars will be. Invested in this country over
- 5:22the next few months. Actually, we started from the
- 5:26day we came in. November 5th was a big.
- 5:28Day it was. Liberation Day in a lot of
- 5:30different ways. It's a lot of different forms of
- 5:33liberation, but what we really have is something that I don't
- 5:36think any country has ever had. We're going to have over 17
- 5:39trillion and that number is going to go much higher than
- 5:41that invested in our country and it's being vest invested right
- 5:45now as we speak. And a new congressional bill was
- 5:48just proposed, HR5166, that says that the United States Treasury
- 5:53would be required if this were to pass to hold Bitcoin on its
- 5:57national balance sheet. Do you get the picture?
- 5:59the United States government is rewriting the global financial
- 6:02system with stable coins at the bottom in Bitcoin as a savings
- 6:06technology on top. And here's an interesting fact.
- 6:08Stable coins grow as M2 or new money is created.
- 6:12And as more stable coins are created, well, the price of
- 6:15Bitcoin is correlated to go up with it.
- 6:18Are you starting to get the picture?
- 6:19This is just the first domino to fall, and it's not going to be
- 6:22the last. What the US does, everyone else
- 6:25around the world will follow. If they don't follow, well, they
- 6:27lose our capital markets, they lose our backing, they lose our
- 6:31resources, they lose our military.
- 6:33So naturally they get in line. But before we talk about who the
- 6:36next big buyer is beyond the United States government, let's
- 6:39thank our sponsors. Lenin has been the leader in
- 6:41Bitcoin back alone since 2018, allowing you to unlock liquidity
- 6:45in your Bitcoin without selling your Bitcoin.
- 6:47You have to post 2 to 1 collateral for how much you want
- 6:49to borrow in Fiat. So if you want a $4000 loan,
- 6:52well, you have to post $8000 in Bitcoin collateral.
- 6:55The process is seamless, fast, and transparent.
- 6:58You never know where your loan status is because you can always
- 7:00go to their dashboard and check, and all of your Bitcoin is held
- 7:04in cold storage, segregated from everyone else's Bitcoin.
- 7:07And they have all of the Bitcoin that they say they do because
- 7:09they're one of the first companies to ever do a digital
- 7:12proof of reserves. The loan takes just two minutes
- 7:15of time and doesn't require a credit check.
- 7:17Do you have the Bitcoin or don't you?
- 7:19And liquidity is funded into your account in less than six
- 7:22hours on average loan started just 12.4%, about half of what a
- 7:26credit card is. And you get .25% off your first
- 7:29loan by going to learn dot LED N dot AO slash.
- 7:31Simply don't sell your corn. One of the things that we try to
- 7:34help people understand is that leaving your Bitcoin on an
- 7:36exchange is risky. Even though they are regulated,
- 7:39even though they are overseen by federal bodies.
- 7:42Well, that's the problem. Your money is overseen and
- 7:46therefore you are not completely sovereign.
- 7:48A coach at The Bitcoin Way will help you understand exactly how
- 7:51to remove your Bitcoin from exchanges so that you can be a
- 7:54fully sovereign individual, one that's able to take their money,
- 7:57their assets, their time, their treasure to wherever and
- 8:00whatever jurisdiction that they would like.
- 8:02To schedule a free 30 minute consultation with their team to
- 8:05understand what true sovereignty looks like, go to
- 8:07thebitcoinway.com slash Simply Bitcoin to get started.
- 8:10I believe that once an announcement comes that the US
- 8:12has been buying Bitcoin and is setting up this new global
- 8:14financial system, while others are going to follow and that
- 8:17other group of people is going to be central banks, there's
- 8:20nothing else that they can buy that will give them the marginal
- 8:22value or the alpha other than anyone else in the rest of the
- 8:26world. Here's what Mel Madison has to
- 8:27say about it. I think overtime we're going to
- 8:29see central banks put Bitcoin on their balance sheet.
- 8:32I don't know when that happens. I don't know if it happens next
- 8:35year, but the amount of money we're talking about with central
- 8:39banks, right? Trillions upon trillions of
- 8:42dollars, like 10203040X, the current Bitcoin market cap, like
- 8:47just a little bit of that is going to be, I think a
- 8:51fundamental driver, just like a major fundamental driver of the
- 8:55gold move in the last few years has been central banks issuing
- 8:58treasuries and going to gold eventually.
- 9:01They're doing it. We're seeing corporations begin
- 9:03to put Bitcoin on their balance sheet.
- 9:06And I think there will, there will come a point in time
- 9:09because I don't think there really is an alternative to
- 9:11Bitcoin. I, I mean, I mean, people can
- 9:13talk about Ethereum and the flipping ink.
- 9:15You know, Ethereum can have a period where it outperforms just
- 9:19like gold can outperform. I mean, you know, shoot, you
- 9:23know, Carvana stock can outperform Bitcoin for a period
- 9:25of time. Anything can outperform anything
- 9:27for a period of time, but Bitcoin is unique.
- 9:30Bitcoin is the first Bitcoin is the biggest Bitcoin has that
- 9:35hard cap Bitcoin is decentralized Bitcoin has a Moat
- 9:38Bitcoin has the network. It has the thousands if not
- 9:42millions of nodes around that that make it functional.
- 9:45It has the history it it has the cost to produce it.
- 9:51You know, it can't just be willed into existence by an
- 9:53Ethereum foundation. It this, the, all of these
- 9:56things are are just very unique. It will not be replaced in our
- 10:01lifetimes, I believe. And if all of these things
- 10:04weren't a signpost for what is coming in Bitcoin and what the
- 10:07next potential bull market will look like, well, just look at
- 10:10gold, which is the OG old store of value, and it tends to sniff
- 10:15out liquidity crises and a lack of trust in the dollar globally.
- 10:19And typically Bitcoin lags gold by 100 days.
- 10:22So when gold runs, Bitcoin sprints.
- 10:25Here's a great chart for my friend Joe Consorti.
- 10:27And right now you have to understand that gold is $3600 an
- 10:30ounce, and it's had one of its most historic bull runs and rips
- 10:33of all time. So what do you think is going to
- 10:35happen with Bitcoin? Like Atlanta Falcons star and
- 10:38former USC Trojan Drake London says what's in your wallet?
- 10:42Even he knows what's about to go down.
- 10:44The trade is simple. Do you have Bitcoin or don't
- 10:46you? Do you want to be part of the
- 10:48new financial system or you're going to be left behind in the
- 10:50old one? If Russia knows America's plans,
- 10:52well, turns out they're probably not a secret anymore.
- 10:55And this is your opportunity. If you get value from these
- 10:58videos, please like, share and subscribe if you already
- 11:00haven't. And if you already haven't made
- 11:02plans from November 11th through November 13th, come join the
- 11:05Simply Bitcoin crew down in Dallas, TX at the Mining Disrupt
- 11:08conference. Get 20% off your tickets by
- 11:10using the promo code Simply Bitcoin.
- 11:12This is Dante Coke with Bitcoin. Simply happy stacking.