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Michael Saylor just did what 
nobody thought was possible, 

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break the barrier and get Wall 
Street's blessing for Bitcoin. 

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For the first time ever, a major
credit rating agency just rated 

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a Bitcoin treasury company in 
strategy. 

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In doing so, it unlocks a 
monsoon of capital from pension 

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sovereigns, countries who can 
now buy Bitcoin through 

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traditional means and capital 
flows. 

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And on the same day we see Larry
Fink talking about Bitcoin in 

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roundtables with the wealthiest 
people in the world, important 

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political figures like Eric 
Trump are also backing it. 

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And this came from the efforts 
of one man telling people to 

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sell their livers and kidneys to
buy Bitcoin. 

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We were staying. 
At the patio in Mar a Lago, 

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Michael and I and we were kind 
of geeking outgoing down this 

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this rabbit hole. 
And he goes, Eric, you know, you

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need to take this property and 
Mar a Lago has no debt on it. 

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You need to take this property, 
you need to mortgage it right 

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now and you need to go out and 
buy Bitcoin. 

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By the way, he was dead serious,
right? 

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He's the guy that goes out and 
says, you know, you know, sell 

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your liver and kidney and buy 
Bitcoin. 

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And by the way, he's probably 
also. 

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Because of the work of people 
like Michael Saylor, Bitcoin is 

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no longer in outsider asset. 
It's an asset for the insiders. 

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It's becoming the foundation of 
global credit. 

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This is the beginning of the 
financial flipping. 

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In 20 years, we won't recognize 
the system that we are living in

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today. 
Bitcoin is going to become the 

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monetary standard of the world 
over the next two decades, and 

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my grandkids will transact in 
SAT's, not dollars. 

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The dollar will be gone. 
Bitcoin is the Somali pirate of 

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the financial system. 
Look at me. 

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Sure. 
Look at me, sure. 

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I'm the captain now. 
Bitcoin is the captain now, and 

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Wall Street is finally realizing
what's going on. 

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It is becoming the collateral 
for the next monetary system. 

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We've got a lot to cover today. 
This is Dante Cook with Bitcoin.

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Simply, let's go SP Global 
assigned MicroStrategy. 

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My bad strategy AB minus credit 
rating marking the first time in

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history that a Bitcoin treasury 
company is rated by a Wall 

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Street agency. 
Sounds boring, but it's not. 

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It's the equivalent of 
discovering financial fire. 

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This now makes Bitcoin a 
mainstream asset in the eyes of 

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not just people like BlackRock 
and institutions, but creditors 

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all across the globe. 
The most interesting remarks 

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from the credit analysts when 
reading the report of the credit

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rating, the B minus credit 
rating that they gave to 

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strategy, is that when they're 
actually looking at its credit 

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rating, they're deducting the 
value of their Bitcoin assets. 

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They're saying the company has 
negative total adjusted capital,

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which makes no sense considering
they have over $70 billion worth

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of Bitcoin on their balance 
sheet with over a 50% profit. 

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Nonetheless, this is a massive 
milestone. 

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And why is this such a big deal?
Well, we can hear about it from 

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MicroStrategy CEO Fong Lee 
himself in a conversation that 

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he had with Natalie Brunel a few
months ago. 

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Are these instruments going to 
get rated by the credit rating 

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agencies and is that important? 
It is important because there 

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are, there are large pools of 
institutional capital, insurance

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funds, pension funds, etcetera, 
who are required to invest in 

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their, their bigger pools of 
capital into rated securities, 

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right? 
And so they, they, they can take

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a small pool capital like 5% and
put it into underrated security 

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and accounts against them in 
some ways their balance sheet, 

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but they're big pool is capital 
required rating. 

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They for the most part, would 
love to have the types of 

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returns that are fixed income 
securities provide, but to do 

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so, they need to investment 
rated security, some cases 

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investment grade, some cases 
junk, some cases in between, 

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right. 
And so we're working through a 

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process with with a big agencies
to get rated. 

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I think the agencies are 
interested in it. 

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You know, they move a little 
slow, they move a little slow 

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and they don't know what to 
compare it to, but they're doing

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their work. 
They're smart folks at these 

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agencies who are going through 
the process and doing the work. 

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And and I think you know, step 
one is to get a rating and Step 

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2 at some future point in time 
is to improve that rating by 

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proving one, how Bitcoin can be 
very good collateral and two, 

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showing our instruments over 
time performing and paying out 

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right. 
And so we're like what we did in

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2020 would Bitcoin on a balance 
sheet of a public company. 

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We're doing that now really this
year, a Bitcoin and preferred 

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instruments and getting them 
rated. 

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Step one, check they got a 
credit rating. 

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Step 2, prove that Bitcoin is 
pristine collateral and Step 3, 

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now MicroStrategy has to step up
and perform. 

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They have to make do and pay out
on their preferred credit 

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instruments that they put on 
into the market over the past 

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several months. 
They're paving the way for a 

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whole new path for institutions 
to adopt Bitcoin just like they 

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did in 2020. 
And because of that, ripple 

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effects have gone across the 
globe. 

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So much so that people like 
Larry Fink are now talking about

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Bitcoin in the roundtables of 
the wealthiest people in the 

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world here. 
If you, if you believe that 

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countries are going to continue 
to debase their currency, If you

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believe that there's going to be
global rise of insecurity, 

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owning crypto assets or gold are
assets of fear. 

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You own these assets because 
you're frightened of the 

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debasement of your, your assets.
You're, you're worried about 

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your financial security, you're 
worried about your physical 

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security. 
And, and, and between crypto 

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assets and gold they're put in, 
they believe, you know, there's 

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a strong belief that is a good 
hedge against optimism. 

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The same man who called Bitcoin 
a scam is not pitching it to 

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heads of state. 
When Fink blesses Bitcoin and 

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crypto at large, it's regulation
ready. 

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And just like Larry Fink, Wall 
Street went from mocking Bitcoin

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to monetizing it. 
First they laugh at you, then 

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they copy you. 
But here's the interesting thing

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that he said. 
If you believe that countries 

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will continue to debase their 
currency, then gold and crypto 

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are a good investment. 
They're a hedge against 

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optimism. 
We're clearly central banks 

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across the globe are betting 
that countries will continue to 

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debase their dollar, so much so 
that gold holdings from central 

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bankers are about to cross their
dollar reserve holdings. 

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SP Global said that Bitcoin is a
material weakness on strategies 

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balance sheet, but that's 
actually dollars. 

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Dollars are the weakness and the
wealthiest people in the world 

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understand this. 
And Eric Trump gives us a 

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preview into exactly what 
they're thinking and how the 

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tide is shifted from Bitcoin 
being a risk asset to an asset 

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that the insiders just buy. 
Insiders like sovereign wealth 

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funds and nations. 
Why should government be buying 

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Bitcoin? 
Because it's the single greatest

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performing asset over the last 
decade, increasing in value 70% 

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a year, year over year, every 
year, like Germany a couple 

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years ago. 
There's a great article, you'd 

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probably, you might know the 
exact numbers, but Germany had 

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like 30,000 Bitcoin or something
along those lines. 

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And they, they sold it right 
away. 

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They monetized it into, you 
know, their currency and, and it

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was like the worst investment 
ever made by a government. 

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And, and by the way, that's a 
pretty damn low bar, as you 

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know, right? 
The government should definitely

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have have certain crypto assets 
on their, on their balance 

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sheet, mainly, mainly Bitcoin 
and actually the United States 

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government does, right. 
You have a lot of forfeitures 

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and, and, and they've taken a, a
great stance saying that we're 

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not selling any of it. 
You have a lot of countries 

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around the world that are 
actively buying. 

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If you go to, you know, the UAE,
if you, if you go to a lot of 

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countries, they are actively 
putting that in their 

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treasuries. 
And you look at the Fortune 500 

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companies, they are actively 
hoarding Bitcoin. 

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The biggest families, the 
biggest companies, you know, 

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countries, sovereign wealth 
funds and individuals are all 

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hoarding Bitcoin, right? 
It's, it's why it's been as 

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explosive as it is. 
And it's funny, people are like,

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oh, well, Bitcoins down by 3% 
now. 

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It's like this time last year 
Bitcoin was at like 55,000 or 

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60,000 roughly. 
It's had unbelievable explosive 

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growth. 
Germany selling Bitcoin was a 

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00:07:51,280 --> 00:07:54,080
single worst decision that a 
country's probably ever made. 

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Their position of 50,000 Bitcoin
that they sold around 60K per 

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Bitcoin, well, it's cost them 
about 3 1/2 billion dollars. 

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And like the German government, 
people that continue to play old

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games, well, they get old 
prizes. 

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The strategies of the world are 
going to be the new leaders. 

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Listen to Andrew Hahn speak 
about the fact that the SP 500 

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is going to look completely 
different in 20-30 years than it

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does today, and it's going to to
be led by the companies that 

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adopted Bitcoin strategy now. 
I think that we're going to see 

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a big rotation in terms of the 
the, the household names of 

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corporate finance over the 
course of the next probably 15 

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to 30 years. 
And the only companies in the 

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S&P 500 that will stay in the 
S&P 530 years from now are going

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to be those companies which over
the course of the next 5 to 10 

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years add Bitcoin to their 
balance sheet and embrace 

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digital capital. 
The ones that fail to make this 

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transition are going to fall out
of the echelon where they've 

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become very accustomed. 
The ones that do make the 

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transition will be able to take 
advantage of all of their market

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position, their manufacturing 
facilities, their product 

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offerings, their research and 
development and grow them 

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stronger. 
And many new companies will 

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enter into those ranks, and 
they'll become tomorrow's 

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household names. 
More capital, more companies, 

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more countries are flowing into 
Bitcoin, which is de risking the

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asset at large. 
And it's also assigning a 

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premium to the companies in 
countries and people that have 

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gotten in first and have started
to accumulate major positions. 

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And that's going to make it 
pristine collateral, an asset 

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00:09:40,680 --> 00:09:43,240
that's held by more and more 
people when the volatility 

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00:09:43,240 --> 00:09:45,120
decreases and it's not sold as 
often. 

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00:09:45,240 --> 00:09:47,800
Russell Okung has a great 
perspective on this. 

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00:09:47,840 --> 00:09:50,320
He tweeted the other day there's
never been a better time to be a

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00:09:50,400 --> 00:09:53,840
banker because when they write 
loans against Bitcoin or against

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00:09:53,840 --> 00:09:57,000
Bitcoin as the collateral, you 
can write longer loans and watch

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00:09:57,000 --> 00:09:59,360
the risk shrink. 
You don't need a central bank to

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00:09:59,360 --> 00:10:03,120
set the rates of what you will 
apply to the loan itself. 

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00:10:03,120 --> 00:10:06,480
And it's because the asset 
itself, Bitcoin, ensures the 

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00:10:06,480 --> 00:10:08,600
credit. 
Bitcoin is restoring honest 

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00:10:08,600 --> 00:10:11,840
banking and it's restoring a 
free market capitalistic system 

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00:10:12,040 --> 00:10:14,120
that isn't based upon trust me 
bro. 

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00:10:14,280 --> 00:10:17,560
And that's exactly why we have 
backed Lenin, who's been the 

199
00:10:17,560 --> 00:10:20,040
leaders in this revolution in 
terms of Bitcoin. 

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00:10:20,040 --> 00:10:22,520
Since 2018. 
They've issued over $9 billion 

201
00:10:22,520 --> 00:10:24,640
worth of loans to 10s of 
thousands of customers all 

202
00:10:24,640 --> 00:10:27,160
across the globe. 
And they just published their 

203
00:10:27,160 --> 00:10:29,680
proof of reserves. 
It's their 10th and it just 

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00:10:29,680 --> 00:10:32,280
dropped the longest running for 
any digital lender. 

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00:10:32,320 --> 00:10:36,200
They have over $836 million 
worth of loans with an you get a

206
00:10:36,200 --> 00:10:41,600
42.68 loan to value and it's 
100% collateralized, meaning 

207
00:10:41,600 --> 00:10:44,520
that your Bitcoin is where they 
say it is and it's actually 

208
00:10:44,520 --> 00:10:48,160
healthier than the 50% loan to 
value, which means if you want a

209
00:10:48,160 --> 00:10:51,520
$1000 Fiat loan, which gets into
your account in less than six 

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00:10:51,520 --> 00:10:54,360
hours, well, you post $2000 of 
Bitcoin collateral. 

211
00:10:54,360 --> 00:10:57,640
There's no credit checks and the
process takes just a few minutes

212
00:10:57,680 --> 00:11:01,000
go to learn dot letting dot AO 
slash simply to get started with

213
00:11:01,000 --> 00:11:03,120
the most pristine collateral 
that even Wall Street is 

214
00:11:03,120 --> 00:11:04,880
adopting. 
And our second sponsor is the 

215
00:11:04,880 --> 00:11:08,400
Bitcoin way, the in helping you 
with coaching to help you to 

216
00:11:08,400 --> 00:11:10,880
understand and protect your 
generational wealth the right 

217
00:11:10,880 --> 00:11:12,320
way. 
Schedule a free 30 minute 

218
00:11:12,320 --> 00:11:15,440
consultation with the team at 
the bitcoinway.com/simply 

219
00:11:15,440 --> 00:11:17,840
Bitcoin and a member of their 
team will talk to you on the 

220
00:11:17,840 --> 00:11:21,320
phone, listen to your scenario, 
your situation, and walk you 

221
00:11:21,320 --> 00:11:24,720
through step by step exactly 
what you need to do to not only 

222
00:11:24,720 --> 00:11:27,560
secure your Bitcoin, but remove 
it from exchanges and be 

223
00:11:27,560 --> 00:11:29,720
confident in holding your 
bitcoins so you can pass it 

224
00:11:29,720 --> 00:11:32,440
along to future generations. 
Schedule a 330 minute 

225
00:11:32,440 --> 00:11:35,160
consultation at the 
bitcoinway.com/simply Bitcoin. 

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00:11:35,160 --> 00:11:37,400
Sometimes we don't give people 
their flowers until they're 

227
00:11:37,400 --> 00:11:39,480
gone. 
And although I don't own any 

228
00:11:39,480 --> 00:11:43,040
Bitcoin, treasury company stocks
or shares, I have to give credit

229
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for Michael Saylor for single 
handedly educating and blazing a

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trail where no one else would 
go. 

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What he's done has been nothing 
short of extraordinary. 

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I do believe that he will go 
down as one of the greats in 

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corporate history. 
I mean, Michael Saylor has been 

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an incredible force over the 
course of the last five years. 

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And I think that his work at 
MicroStrategy now strategy will 

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be right up there with the the 
greats of corporate history, you

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know, John Rockefeller and Du 
Pont and Steve Jobs. 

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I mean, he's going to be right 
up there. 

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When I listen to this clip from 
Jack, I think about the ripple 

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effects that the impact that 
people like him and Michael 

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Saylor are having on the world. 
What a single person can do to 

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spread the message of hope to 
people through their media 

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channels, through their 
influence, and help people to 

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understand that there is a 
better way for us to store our 

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time in our energy and a better 
reason and purpose for why we 

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should do that. 
Do you understand the concept of

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time and energy and 
contributions to society Then a 

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fancy car isn't ever worth the 
Bitcoin that I've worked to 

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acquire. 
And so I only trade in exchange 

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my Bitcoin for experiences for 
people I love, to be honest. 

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I mean, how? 
How beautiful is it? 

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How beautiful of an idea, I 
guess is it that, you know, we 

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can make the world a better 
place for the people that we 

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care about the most? 
And so Bitcoin taught me that. 

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It really lowered my time 
preference and taught me the 

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value of things. 
I think it's it's really 

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impossible to value things if 
there's an infinite amount of 

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dollars. 
I like to draw this similarity 

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to the promise of death. 
This is going to get potentially

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a little weird or dark, but you 
know, it's the promise of we 

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invite. 
That I invite that. 

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It's, it's the promise of death 
that allows us to value our 

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life. 
If I was never going to die and 

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I knew that then I'd go to the 
gym in 1000 years, I'd think to 

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get married in 10,000 years. 
I would never care to value 

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today. 
And that's very similar to the 

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dollar. 
If there's infinite amounts of 

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dollars and we're going to roll 
this debt over forever, then how

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do I value my paycheck right 
now? 

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And so I think what death means 
to life, Bitcoin means to money 

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and to value. 
So Bitcoin gave me that finite 

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promise that allows me to value 
the time and energy that I spent

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right now. 
And it's not worth expending A 

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tremendous amount of my time and
energy on a yellow car that goes

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really fast. 
In the same way that knowing 

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that I'm going to die, it's, 
it's not, it's not worth ever 

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wasting a day, a week, a year. 
We have to understand that the 

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reason that we want to preserve 
our energy is that we're all 

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humans, we're fragile and we 
could die any day at any moment.

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And it's 100% guarantee that we 
will die. 

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It's a mathematical certainty 
like bitcoins code. 

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And so the message is like 
Michael Saylor, get up and do 

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something. 
Be productive with your life. 

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Go build something. 
Go be part of something in the 

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future. 
Make your days count. 

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Let's live our lives in light of
a bigger mission and a bigger 

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purpose. 
And that's what I want to call 

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you to do today in light of this
monumental announcement from 

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Michael Saylor and strategy 
becoming the first credit rated 

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Bitcoin treasury company. 
It's a testament to the impact 

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00:15:01,000 --> 00:15:04,840
that a single person can have on
an entire industry in the world.

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Go make your mark on the world. 
Leave in a better place than you

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found it because you will die 
one day. 

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What are you storing your time 
and your energy and your wealth 

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into? 
Is it going to preserve it or is

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it going to waste it? 
Don't waste your time, your 

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00:15:16,160 --> 00:15:18,560
energy or your capital. 
This is down to cook with 

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00:15:18,560 --> 00:15:20,760
Bitcoin simply and if you 
haven't already bought your 

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00:15:20,760 --> 00:15:23,600
tickets down to the Bitcoin 
mining Expo of the year 

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00:15:23,600 --> 00:15:26,400
happening in Dallas, TX from 
November 11th through November 

301
00:15:26,520 --> 00:15:29,640
13th will do so and use the 
promo code simply Bitcoin for 

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00:15:29,640 --> 00:15:32,400
20% off your tickets. 
This is Dante Coke with Bitcoin.

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00:15:32,400 --> 00:15:35,680
Simply happy stacking and go 
make today count route.

