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Bitcoin CAPTURED the BIG BANKS in Just 216 Hours?! | Simply Originals · Simply Bitcoin

• 0:00
  Bitcoin is on one. We almost tagged 94,000.
• 0:04
  We're a 10,200 cut bucks in just 40 hours and over $1 billion of
• 0:10
  leverage just got forcefully needed into outer space.
• 0:15
  And you know you're in a bull market when every pullback it's
• 0:18
  met with a green hammer candle uppercut straight to the jaw of
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  every bear. Still praying to the ghost of
• 0:25
  Janet Yellen. But hold on, because today's
• 0:28
  show is massive. There's an article going around
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  saying JP Morgan, Vanguard and Bank of America absorbed
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  Bitcoin, captured Bitcoin and 216 hours?
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  No, absolutely not. Bitcoin captured them.
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  They bent the knee. They showed up with flowers and
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  said may we please have an allocation?
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  Please, dear Sir, we're breaking it down.
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  But first, Trump just dropped a bomb on the Fed.
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  Metaphorically, of course, but we've got emergency liquidity
• 1:02
  injections, a 90% rate cut probability, and Powell ready to
• 1:07
  unleash the monetary bazooka. Trump isn't just teasing the
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  next Fed chair either. He's doubling down on abolishing
• 1:15
  the income tax. That's right.
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  So get your diapers ready. We have a massive show today.
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  Down. 86% thank you and mortgage rates despite the fact that we
• 1:32
  have an incompetent chairman of the Fed, a real dope who should
• 1:37
  reduce rates. I saw even Jamie Dimon said he
• 1:40
  should be reducing rates. I never saw Jamie Dimon say
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  that. I wonder why he said that, but
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  he really said it because he's right.
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  But we have a guy that's just a stubborn ox who probably doesn't
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  like your president, your favorite president.
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  But they're going to be coming down.
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  We'll be announcing somebody probably early next year for the
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  new chairman. Get to the top Fed chair
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  candidates. Let's talk about what just went
• 2:09
  down because the Fed just had a moment.
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  The Fed injected 13.5 billion into the banking system
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  overnight. This is one of the largest
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  liquidity injections since COVID and it's bigger than anything we
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  saw duringthe.com bubble. Someone needed cash fast, but
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  markets probably fine. Just carry on.
• 2:31
  Yeah, sure. Nothing to see here.
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  Just a fire hose of liquidity. Oh, and by the way, December
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  rate cut odds 90% were seven days away from the FOMC meeting.
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  So let's connect this. QT is ending.
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  Liquidity injections are increasing, rate cut odds are
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  exploding, and Trump is now openly signaling who he wants
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  running the Fed. That means one thing, the
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  political era of monetary policy is here.
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  But now, let's take a brief detour into the most serious,
• 3:02
  well researched list of potential Fed chair candidates
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  available on the Internet today. Yeah, welcome to the official
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  simply Bitcoin handicapping of Trump's next Fed chair.
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  Let's breakdown the contenders, shall we?
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  First off, honorable mention JD Vance, the backup, backup
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  option. Look, if Trump really wants
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  someone who can do a job, any job, even if it's not a good
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  job, JD Vance is this guy. Right now.
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  The real list #10 no one. Do we even need a Fed chair?
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  We've tried someone and look how that turned out #9 Sam Bankman
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  Freed. I love this logic.
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  He literally has Bank in his name.
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  What more do you want? He's also got prison time and
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  felonies on his resume. Makes him like a top candidate.
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  He's basically Christine Lagarde #8 Kanye West.
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  Why? Well, easy.
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  This would lead to the most entertaining FOMC meetings in
• 4:02
  world history #7 Tiffany Thong. Look, Elon offered to have a kid
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  with her. That is more vetting than most
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  presidential appointments get #6 Baron Trump.
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  Simple, just look at him. Lisan al gaib #5 Scrooge Mcduck.
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  Honestly the most qualified on this list so far.
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  He understands hard money. He literally swims in his
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  reserves. I'm also pretty sure Mcduck is
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  an Austrian economist #4 AI Tesla bot.
• 4:33
  If Elon forgives Trump for making fun of him on Twitter, we
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  might just get a robo central banker #3 Jerome Powell.
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  But with a mustache. I mean, come on.
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  Because a mustache would increase his credibility more
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  than any PhD could #2 this one's a surprise.
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  Eric Trump. Well, you know, we've tried
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  economic geniuses before. Maybe we try the opposite #1 the
• 5:01
  orange man, Donald J Trump. Let's be honest, if he legally
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  could, he would appoint himself. We all know it.
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  The interest rates will be the greatest interest rates you've
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  ever seen. Immaculate.
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  Nobody has seen rates like this before.
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  OK, well that was 5 minutes of our lives we're not getting back
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  because right after all this hours of research, we actually
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  got the breaking news. Check it out.
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  I guess a potential Fed chair is here, too.
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  I don't know. Are we allowed to say that
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  potential? He's a respected person.
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  That I can tell you. Thank you, Kevin.
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  Yeah. Well, that changes things.
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  Trump is telling markets. Here's the vibe, here's the
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  direction, here's the liquidity profile.
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  React accordingly. This isn't about the person.
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  This is about narrative driven monetary policy, a politically
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  softened Fed, a more dovish, more cautious, more reactive
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  central bank and markets instantly moved.
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  Why? Because Bitcoin listen carefully
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  is the purest beneficiary of a politically re anchored Fed.
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  Lower rate ceilings, Bitcoin wins.
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  Balance sheet stabilization? Bitcoin wins.
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  Liquidity expansion, Bitcoin wins.
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  Distrust in institutions, Bitcoin wins harder.
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  Every macro signal right now is pointing in One Direction.
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  Bitcoin is becoming the global credibility anchor.
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  When the Fed gets political, people migrate to money that
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  cannot be politically influenced.
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  That money, Bitcoin. And Speaking of Bitcoin winning,
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  let's get to this article. The title says JP Morgan,
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  Vanguard and Bank of America absorbed Bitcoin in nine days.
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  Absorbed. Captured.
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  No, no, they didn't. Bitcoin just snatched them like
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  Pokémon, they didn't capture Bitcoin.
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  JP Morgan files leverage structured notes tied to Ibit
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  translation. We fought Bitcoin, we lost.
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  Now we're selling Bitcoin leverage products for fees.
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  Vanguard reverses anti crypto stance.
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  This is the firm that said Bitcoin was not appropriate.
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  Bank of America tells 15,000 advisors they can recommend 1 to
• 7:15
  4% Bitcoin allocations. 1 to 4%. That's the polite introduction.
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  Wait until they figure out the sharp ratio.
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  Meanwhile, while ETFs were bleeding, Abu Dhabi tripled its
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  Bitcoin holdings. The poor buy high sell low.
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  The sovereigns buy dips for sport.
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  ETF infrastructure complete. NASDAQ raised I bit options
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  limit 40X. This lets banks hedge enormous
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  size. Less volatility for pension.
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  Less volatility unlocks pensions, insurers, and big
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  wealth managers. MSCI is going after micro
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  strategy. And here's the twist.
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  While MSCI threatens to exclude strategy, JP Morgan is
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  launching. Wait for it, Bitcoin bonds.
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  Bank of America is recommending Bitcoin, Vanguard is offering
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  the ETFs, and JP Morgan says Bitcoin is a leading indicator
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  for the entire U.S. market on live television.
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  You know, I think Bitcoin is one of several risk indicators that
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  investors can look to. I find myself trying to pay
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  attention to when I see inconsistencies.
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  So when I see several weeks of rallying in gold and several
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  weeks of pressure on Bitcoin, I think that's kind of
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  interesting. Whether it's suggesting that
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  Bitcoin is not the risk free asset that it's been pitched at
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  over the last several years, whether its investors are
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  looking at the prospect of a steeper yield curve supporting
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  gold. I think that there's certainly a
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  lot that we can try to take out of that.
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  If I ship my focus to the equity market where I'm a little bit
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  spending much more of my time, it's certainly an interesting
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  environment where you see leadership from interactive
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  media names like say Alphabet and pharmaceutical names like
• 9:02
  Johnson and Johnson, like 1 is risk off and one is perceived as
• 9:05
  risk on. And ultimately, I think it
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  speaks to some of the confusion investors were attempting to
• 9:09
  navigate as we come into your end.
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  Retail runs away, institutions run in.
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  Bitcoin did not get captured, it captured them.
• 9:18
  And Sailor Kramer has some thoughts.
• 9:20
  I would say that this man is not to be trifle with.
• 9:26
  Sailor will come on squawk. He'll come on everywhere.
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  He'll come on every show. I wouldn't shock.
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  He pops up at the White House for all I know.
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  He will do whatever's necessary. He is the Malcolm X of Bitcoin,
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  OK? Malcolm X, right?
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  By any means necessary. He will defeat the shorts.
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  Defeat the shorts. We will see.
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  That's what. His job is, I mean, when he gets
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  up in the morning, he puts on whatever kind of Men's Wearhouse
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  thing he's got going. He comes and he goes.
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  I'm getting them today. Yes, I'm getting them today.
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  And I got to tell you, he's good.
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  There it go. Dear Kramer, buddy, please do
• 10:03
  not reverse Sia Basir. We can't afford you being
• 10:06
  bullish. All right, let's land this plane
• 10:09
  with the final box. Over the next two, 3-4 years,
• 10:13
  those numbers are going to go up.
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  And I believe that at some point in the not too distant future,
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  you won't even have income tax to pay because the money would
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  take it in is so great, it's so enormous that you're not going
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  to have income tax to pay whether you get rid of it or
• 10:28
  just keep it around for fun or have it really low, much lower
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  than it is now. But you won't be paying income
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  tax. We've slashed $1 trillion in
• 10:38
  costly job killing regulations, saving Americans an estimate.
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  OK, OK, if Trump pulls this up, this man goes down as the
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  greatest president since Andrew Jackson.
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  Terror funded government, No income tax stimulus on deck rate
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  cuts, QT is over, liquidity geyser inbound.
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  This is literally the most bullish macro environment for
• 11:00
  Bitcoin in history. And Jack Maulers, well, he's
• 11:05
  here to remind you what's coming next and why you might want to
• 11:08
  buy every. Yep, we're about to bring it
• 11:11
  home. But before we do, look at our
• 11:13
  likes 3-4 times maybe. I'll pump those numbers up.
• 11:16
  Those are rookie numbers in this racket.
• 11:18
  Let's take a quick second for our sponsors who keep this show
• 11:21
  on the air over at the Bitcoin way.
• 11:23
  If your wealth lives in their system, it's not yours.
• 11:25
  It's theirs. That's why we scream Bitcoin.
• 11:27
  That's why you self custody. And that's why you call our
• 11:31
  friends over at the Bitcoin way. They'll walk you through multi
• 11:33
  sig self custody, privacy, how to run a node and the tools that
• 11:37
  keep you sovereign. When the Fiat system pulls the
• 11:39
  plug, don't wait till it's too late.
• 11:41
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• 11:44
  show notes. Need cash but don't want to sell
• 11:46
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• 12:02
  slash simply to learn more and get 25 basis points off your
• 12:06
  first. Loan buy every dip. the United
• 12:09
  States cannot not afford to have assets go down over persisted
• 12:14
  timeframe. the US stock market is a Ponzi retirement account
• 12:18
  for the United States. They need it to both store
• 12:22
  wealth for Americans and for Americans to monetize wealth
• 12:26
  where they earn tax receipts. If the US doesn't have a stock
• 12:30
  market that's up 10 to 15% a year, it is insolvent because it
• 12:35
  cannot afford the interest payments on its debt.
• 12:38
  So all dips should be bought. None of these dips scream
• 12:42
  bitcoins going to 10K. None of these dips are talking
• 12:46
  about cats. I'm allergic to cats.
• 12:48
  Literally I am. You learn something new about me
• 12:50
  every single week. I am physically allergic to
• 12:53
  cats. I can't be around cats.
• 12:55
  So I know nothing about a cat. A dead cat and bouncing.
• 12:58
  I know nothing about it. This is all to do with global
• 13:01
  liquidity. The point is we're in the middle
• 13:04
  of a liquidity crunch. Again, that's kind of been my
• 13:07
  consistent theme is that today QT ended.
• 13:11
  So first of all, for all of you, QT ended today, quantitative
• 13:16
  easing, QE is very likely to resume in the near term.
• 13:20
  We're very likely to get rate cuts going forward.
• 13:23
  Trump, he said in communicated, I know exactly who I want as my
• 13:27
  Fed chair. They're going to be allowed to
• 13:30
  use unlimited leverage for Treasuries, create a lot of
• 13:32
  credit, create a lot of new money.
• 13:34
  We have 50 year mortgage. We have stimulus checks, we have
• 13:36
  midterms. I know I take a lot of for it.
• 13:39
  I think this cycle is 250K to a million.
• 13:43
  QT just ended rate cuts next week.
• 13:46
  Banks are buying Bitcoin. Banks are offering Bitcoin
• 13:49
  products. Banks want to partner with the
• 13:52
  largest corporate holder of Bitcoin.
• 13:55
  Jerome Powell is out in May. New Fed chairs pro Bitcoin
• 13:59
  regulatory clarity coming. Strategic Bitcoin reserve
• 14:02
  coming. Bloomberg Terminals lighting up
• 14:05
  orange. BlackRock capitulated.
• 14:07
  Vanguard capitulated. Bank of America capitulated.
• 14:11
  Pro Bitcoin SEC pro Bitcoin Fed pro Bitcoin treasury pro Bitcoin
• 14:17
  president New Bitcoin derivatives, new Bitcoin on
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  ramps. Sovereign wealth funds
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  accumulating. JP Morgan accepting Bitcoin as
• 14:25
  collateral. JP Morgan launching Bitcoin
• 14:28
  bonds. Ladies and gentlemen, Bitcoin
• 14:31
  isn't part of the system anymore.
• 14:33
  It is check mating the system and the system just realizing
• 14:39
  it. Man.
• 14:40
  I hope you guys enjoyed this one.
• 14:41
  Don't forget to like subscribe and let us know what you think
• 14:43
  below. Oh, and don't forget to give us
• 14:45
  a pant by sharing the sound money gospel and I'll catch you
• 14:48
  all tomorrow. Love you guys.