Latest / Simply Bitcoin / Why You Need to Prepare for Bitcoin to Go PARABOLIC! | Simply Originals
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- 0:00Bitcoin is about to go parabolic.
- 0:03We've got Eric Trump himself saying it His family backed
- 0:07Bitcoin company just went public with thousands of Bitcoin on the
- 0:11balance sheet and the dollar collapsing against both gold and
- 0:16Bitcoin and with the Fed now basically guaranteeing a rate
- 0:20cut in 13 days ladies and gentlemen, we are staring down
- 0:25the barrel of the greatest Bitcoin bull run in history.
- 0:28Stay tuned because we're we're about to cover the Trump family
- 0:31Bitcoin bombshell, the Fed's 97% chance of cutting rates, why the
- 0:37dollar is doomed, Oh yeah, and Trump's latest comments about
- 0:41ending the Fed and replacing the income tax with tariffs.
- 0:45Strap in, we got a wild one on our hands.
- 0:53Every single day. A year ago, Jamie Dimon was
- 0:55saying, you know, we're not going to touch cryptocurrency.
- 0:57And now they're probably running at digital assets faster than
- 0:59anyone. You see what Blackrock's doing?
- 1:01You see, as I mentioned, what Schwab's doing.
- 1:03You see what nation states are doing.
- 1:05You see what states in this country are doing.
- 1:07Look what look what Texas just voted on, right?
- 1:09And they're in their legislature literally being able to custody
- 1:12Bitcoin on their balance sheets, right?
- 1:14So, so all of a sudden you've got all these cracks in the dam
- 1:17that are breaking. The people who get in now are
- 1:19the people who are are getting in early.
- 1:21I believe that with with all of my soul.
- 1:23And this is a global asset. This is an asset that everybody
- 1:25wants. This is an asset.
- 1:27It's probably the only asset in the world that has limited
- 1:30supply. There is 21 million.
- 1:32There will never be another one, unlike gold, unlike other
- 1:34commodities. And I'm just watching it from
- 1:36afar As for the first time, the capital markets really have
- 1:39access to it or getting access to it.
- 1:41And so I think cryptocurrency is in its infancy and I think the
- 1:44trajectory of of Bitcoin and of digital assets is going to be
- 1:49parabolic. And I really think we're going
- 1:51to have the, you know, one of the greatest companies in the
- 1:54ecosystem and that was launched obviously minutes ago.
- 1:57Eric Trump came out and said it plain as day.
- 2:00Bitcoin is about to go parabolic.
- 2:03If you're bearish after hearing that, go touch grass.
- 2:06And yeah, like we said, the Trump family backed American
- 2:09Bitcoin company went public on the NASDAQ with 2443 Bitcoin
- 2:15already in its treasury. That immediately puts them in
- 2:18the Bitcoin top 100 ranking. Number 25.
- 2:21Probably nothing. Now here's why Eric Trump isn't
- 2:24just talking his book. The setup is insane.
- 2:27We're 13 days away from a Fed rate cut odds 97.6%.
- 2:32Basically locked in. Gold just hit an all time high.
- 2:36The dollar has lost 50% of its value versus gold in the last
- 2:40three years. Congratulations, you now
- 2:43officially live in a third world country with a broken currency.
- 2:47And you know what happens when Fiat collapses?
- 2:51Bitcoin soaks it all up. All that value now, before we
- 2:55get to Trump's plan to end the Fed and abolish the income tax.
- 2:59Look at our likes 3 or 4 times maybe.
- 3:01I'll pump those numbers up. Those are rookie numbers in this
- 3:03racket. We.
- 3:04Need to talk about how you can prepare for what's coming?
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- 4:03Now to Trump. At a recent event, Trump made a
- 4:06shocking statement. If you go back to 1913, it was
- 4:09all tariffs, no income tax. We were the richest ever.
- 4:13And let's not forget what else happened in 1913.
- 4:17The creation of the Federal Reserve.
- 4:21What about how historic these tariffs have been green in
- 4:23revenue, additional revenue for our country.
- 4:25You've also mentioned before they could possibly replace
- 4:29federal income tax. Possible.
- 4:30Do you think, do you think that someday it's possible?
- 4:33It used to be so if you go back to 1913 is when they ended
- 4:38tariffs. We were the richest ever from
- 4:401850. It was all tariffs.
- 4:42We didn't have income taxes from 1850 to 1913 in the 18, 80
- 4:50sevens. About 1887 they had the Great
- 4:53National Tariff Act and it was a group of people that got
- 4:57together because our country was so rich.
- 4:59They didn't know what to do with the money.
- 5:02We had so much money, they didn't know what to do.
- 5:05It was a group of very prominent people that were set up to hand
- 5:10out money to everybody because we were the richest we ever were
- 5:15proportionately. We were in 1887, around that
- 5:18time, even in 1913, we ended them in 1913.
- 5:23How did that work out? And then we went to the income
- 5:26tax system and then we had the depression.
- 5:29And by the way, a lot of people try and say that, oh, tariffs
- 5:31with the depend, no, they ended in 1913.
- 5:34And then we went to income tax. And then in 1929 you had the
- 5:38Depression. They did try and bring it back
- 5:41in 193132 but the depression that long started and and this
- 5:46poor beautiful nation was gone. It was gone.
- 5:49We suffered for 25 years, took 2530 years to really recover
- 5:53from the depression, and we don't ever want to see that
- 5:56happen again. The tariffs are vital to the
- 5:59success of this country. When I say I ended 7 wars, at
- 6:03least half of those wars were ended because of the power of
- 6:05tariffs. I was able to.
- 6:07This is maths. Apparently something in Project
- 6:102025 outlines abolishing the Fed before the midterms.
- 6:13Well hell yes, let's do that. Pair that with tariffs replacing
- 6:17the income tax and Bitcoin is neutral reserve collateral and
- 6:21you're looking at the biggest financial revolution since 1776.
- 6:26Let's talk numbers. If Bitcoin continues to follow
- 6:28M2 money supply and gold correlations, the charts are
- 6:32pointing to 167 K to 185 K by year's end.
- 6:37That's like pretty bearish really.
- 6:39And don't forget Bitcoin has now traded over 100K for 100
- 6:43straight days. That's the new floor.
- 6:45We've also officially crossed a historic milestone.
- 6:48Publicly traded companies now hold over a million Bitcoin.
- 6:52Yeah, the supply shock is now banks and boardrooms are
- 6:55rambling. Billionaire Tim Draper just said
- 6:58it. Boardrooms across America are in
- 7:00full blown Bitcoin panic mode. Companies that laugh two years
- 7:04ago are now rushing to figure out custody.
- 7:06It's becoming irresponsible not to own Bitcoin.
- 7:09Families that don't hold at least six months of expenses in
- 7:12Bitcoin are going to be in the back of the line when Fiat banks
- 7:16collapse. That's not me, that's not Nico.
- 7:19That's not Opti. That's not simply Bitcoin.
- 7:21That's Tim Draper. The fundamentals are locked.
- 7:23The next move is pair of Here's how it all ties together.
- 7:28The so-called September dump already happened.
- 7:31What comes next September Bitcoin is Max Payne and Max
- 7:35Payne is the opposite of what everyone expects.
- 7:38The Trump family is stacking, billionaires are scrambling, the
- 7:41Fed is cornered, and the dollar is imploding.
- 7:44This is the beginning of the biggest Bitcoin bull run of all
- 7:49time. You either get on the rocket
- 7:50ship now or you're going to be left in the ashes of Fiat
- 7:54Bitcoin forever, Fiat never In quick reminder, if you want to
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- 8:1520% and we'll see you at the news desk.
- 8:17Hey, let us know what you think below and I hope you guys
- 8:20enjoyed this one. Don't forget to like subscribe
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- 8:25Bitcoin news delivered to you daily.
- 8:27Sophie, Dante, oceans, they all have bangers coming your way.
- 8:31So stay tuned and I'll catch you next time.
- 8:34Love you guys. Bruce, if you.
- 8:36Prefer to go down with the ship.