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Are you sitting down? 
the US national debt just 

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crossed $37 trillion for the 
first time in history. the US 

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budget deficit is projected to 
hit 9% of GDP by 2034. 

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These are wartime levels. 
These are crisis levels. 

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And this is resuming. 
No recessions. 

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Deficits are the new normal as 
cities like Chicago are 

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budgeting a $211 million deficit
from the jump. 

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The head of global macro at a $7
trillion asset manager just said

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what we've been feeling but 
haven't been able to articulate 

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visually with data. 
Nobody really wants to buy the 

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dollar. 
People are preferring gold, the 

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euro and the yen over the dollar
in the US bonds. 

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Where have we heard this before?
I. 

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Think in the intermediate term, 
nothing really stops this train.

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I think this is kind of locked 
in for quite a while and it's 

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not like calling for something 
major by next year or the year 

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after. 
But I do think that we are now 

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more structurally in this period
where we can't necessarily 

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assume that the Ford sector is 
going to be buying a lot of our 

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treasuries. 
We can't assume that the private

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sector is always ready to going 
to step in with reasonable 

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yields and even to the extent 
that they do, basically anyone 

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holding those is likely to get, 
you know, gradually devalued in 

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terms of their purchasing power 
over the next 5-10, fifteen 

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years. 
The world is gradually, then 

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suddenly, moving to a new 
standard, the Bitcoin standard. 

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As Lynn Alden says, nothing 
stops this train. 

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This is Dante Cook with Bitcoin.
Simply, let's go. 

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Confidence in the US dollar is 
dropping faster than OKC players

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looking for fouls in the NBA 
Finals. 

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And like refs, it's amazing that
people still continue to buy 

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this crap, but more and more 
people are waking up to the 

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reality of a broken system 1 
system. 

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The dollar system has an 
unlimited supply of dollars that

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can be created. 30% of all 
dollars have been created in the

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last five years, and the 
decisions to create more of them

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are from unelected bureaucrats. 
Contrast this with Bitcoin. 

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There's a 21 million fixed 
supply cap. 

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There's only 5% more supply left
to be mined or minted and it's a

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decentralized system. 
What do you think is better? 

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People know this and they're 
rushing to buy Bitcoin and 

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00:02:09,280 --> 00:02:12,360
that's why Bitwise CIO Matt 
Hogan says that there's going to

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be 30X more demand for Bitcoin 
then there's going to be supply 

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this year. 
If you look at the supply demand

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characteristics of Bitcoin right
now, I hate to be really simple,

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but the amount of new Bitcoin 
being produced next year is 

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164,250 and we think ETFs will 
buy half a million, corporations

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will buy 350,000, and 
governments will buy between 

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somewhere between 0 and 2 
million Bitcoin. 

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So far on a year to date basis 
through March 6, this is what's 

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happened. 
There's been 57,000 new Bitcoin 

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produced, ETFs have bought all 
of it and then corporations have

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bought another 3X and I think 
governments have bought about 

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40,000 Bitcoin as well. 
More and more people are buying 

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and huddling and not selling as 
Bitcoin has continued to be over

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100K for 43 consecutive days. 
Here's a cool stat, in 16 years 

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of bitcoins existence there have
only been 16 days with prices 

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higher than today. 
Meaning that if you randomly 

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00:03:11,360 --> 00:03:14,960
bought Bitcoin at anytime during
that history, well you'd be up 

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00:03:14,960 --> 00:03:18,640
99.4% of the time. 
And that's because there's more 

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than just individuals buying 
Bitcoin now, there's companies 

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like similar Scientific who just
hired Joe Burnett. 

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Congrats Joe to head up their 
Bitcoin strategy saying that 

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they're going to buy and have 
10,000 Bitcoin by the end of 

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2025, forty 2000 Bitcoin by the 
end of 2026 and 105,000 Bitcoin 

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by the end of 2027. 
These corporate buyers are 

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buyers, toddlers and not sellers
as the buy to sell activity in 

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buys versus sells has been over 
99 to 1. 

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And this isn't true for just 
corporations. 

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Individuals have been waking up 
to Bitcoin and the reality that 

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can have for them in their 
portfolios $11 trillion. 

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Asset manager BlackRock spills 
the tea on what they're seeing 

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from buying from individuals who
are just waking up to the 

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reality of what Bitcoin can mean
for them. 

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We enabled through those boring 
old capital markets, we enabled 

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people to have institutional 
quality, to have BlackRock 

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quality Bitcoin exposure. 
And that became the first, the 

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the fastest exchange traded 
funds to hit 30 billion, 40 

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billion, fifty billion, 60 
billion, and last week, $70 

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billion.72 billion, $72 billion 
in assets. 

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I was going to say, but who's 
counting? 

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I guess he's counting more than 
we're counting $72 billion in 

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assets. 
And I think that proved how many

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people wanted these exposures 
but actually wanted them within 

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their boring old whole portfolio
of the capital markets. 

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So that was that bridge strategy
in terms of enabling that 

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crossover between the two. 
And personally, I believe that's

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still just getting started. 
An interesting fact about I bit 

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00:05:08,160 --> 00:05:13,360
that I think is quite remarkable
is that of the 25 largest ETFs 

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in the world, the youngest one 
aside from I bit is 12 years 

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old. 
I bit is 18 months old. 

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And I think that's a great 
demonstration to this ecosystem.

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I also think it's a great 
demonstration to be candid. 

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Just everything in the world is 
happening faster. 

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Franklin Templeton, CEO, just 
echoed a similar sentiment. 

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00:05:38,800 --> 00:05:41,960
Bitcoin is being incorporated 
into model portfolios, meaning 

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for every dollar that flows into
these retirement accounts or 

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00:05:45,440 --> 00:05:48,600
investment vehicles, well, 
they're automatically buying 

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00:05:48,600 --> 00:05:49,880
Bitcoin. 
Right. 

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00:05:49,880 --> 00:05:53,680
So the big move in the industry 
has been toward model portfolios

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00:05:53,680 --> 00:05:57,440
which bring together equity 
exposure, fixed income exposure 

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and alternative exposure. 
And and these crypto ETFs are 

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00:06:01,920 --> 00:06:06,160
being used as a form of 
alternative exposure in these 

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00:06:06,160 --> 00:06:10,480
model portfolios. 
So if I give my advisor $100 and

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it has a 6% allocation to 
Bitcoin ETFs in it, $6 of that 

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00:06:15,960 --> 00:06:20,440
$100 is going into Bitcoin ETFs 
every time I add money to that 

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account, right? 
So these model portfolios have 

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00:06:24,080 --> 00:06:28,160
just been a gun to emerge from 
the leading financial players 

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like ourselves. 
And this is what is allowing the

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wealth platforms to now start to
really put that out in front of 

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00:06:35,520 --> 00:06:37,840
their advisors. 
And this is just beginning. 

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And I firmly expect that over 
the next 18 months, you're going

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to see more and more and more of
these platforms add these 

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00:06:45,640 --> 00:06:48,000
products. 
It's going to be automatic 

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allocations every time new money
comes in, in part going to these

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00:06:52,280 --> 00:06:54,120
ETFs. 
And you're going to just see 

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demand continue to ramp up 
pretty dramatically, I think, 

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00:06:57,080 --> 00:06:58,960
for at least the next two to 
five years. 

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00:06:59,400 --> 00:07:03,000
And just like these two examples
of people buying Bitcoin and not

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00:07:03,000 --> 00:07:06,400
selling it, well, you have the 
opportunity to join that crew. 

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00:07:06,520 --> 00:07:09,200
But if you want liquidity from 
your Bitcoin, sort of like 

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everyone's always done with 
Helox in real estate, you don't 

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00:07:12,320 --> 00:07:15,880
sell your house, you just unlock
liquidity from that asset 

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00:07:15,880 --> 00:07:18,960
without selling the asset. 
And you can do that with leaden,

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00:07:19,120 --> 00:07:21,640
the leader in Bitcoin back loan 
since 2018. 

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00:07:21,680 --> 00:07:25,760
Get worthless Fiat dollars in 
your account in less than 24 

127
00:07:25,760 --> 00:07:27,920
hours by posting Bitcoin 
collateral. 

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00:07:28,040 --> 00:07:31,320
It's pretty simple, fast and 
transparent is the name of the 

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00:07:31,320 --> 00:07:35,080
game, which is why they have 
over 1005 star customer reviews.

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00:07:35,320 --> 00:07:38,160
They've never lost a single cent
or set of customer money and 

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loan started just 12.4%. 
But for you, you can get .25% 

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00:07:42,440 --> 00:07:45,480
off your first loan by going to 
learn dot leaden dot AO slash. 

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00:07:45,480 --> 00:07:48,440
Simply, people are also also 
waking up to the reality that if

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they leave their money on 
exchanges like I bid or Franklin

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00:07:51,360 --> 00:07:55,440
Templeton or these other 
platforms, well, it's likely to 

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get stolen or hacked. 
Case in point, 16 billion 

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00:07:59,520 --> 00:08:02,600
passwords from Google, Apple and
Facebook were just leaked. 

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00:08:02,720 --> 00:08:07,200
And according to River, only 50%
of Bitcoin is held in self 

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00:08:07,200 --> 00:08:10,760
custody, which means there are 
trillions of dollars worth of 

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00:08:10,760 --> 00:08:14,280
assets out there that people are
leaving up to risk. 

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00:08:14,280 --> 00:08:17,200
Case in point, hackers just 
hacked the largest Iranian 

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00:08:17,200 --> 00:08:21,520
crypto exchange and simply 
destroyed $90 million worth of 

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00:08:21,520 --> 00:08:23,680
people's assets. 
If this doesn't want to make you

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00:08:23,680 --> 00:08:26,760
schedule a meeting with the 
Bitcoin way, I don't know what 

145
00:08:26,760 --> 00:08:28,360
will. 
Schedule a free 30 minute 

146
00:08:28,360 --> 00:08:31,400
consultation with their team so 
this doesn't happen to you or 

147
00:08:31,400 --> 00:08:34,400
your assets. 
Confidently, safely and securely

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00:08:34,400 --> 00:08:37,520
remove your Bitcoin from third 
party exchanges and manage your 

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00:08:37,520 --> 00:08:40,120
own private keys. 
But get a coach and don't do it 

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00:08:40,120 --> 00:08:42,799
alone. 
Go to thebitcoinway.com/simply 

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00:08:42,799 --> 00:08:44,280
Bitcoin to get started with a 
meeting. 

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00:08:44,480 --> 00:08:46,840
The world is experiencing A 
regime change. 

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00:08:46,920 --> 00:08:50,040
They're going from analog to 
digital, from physical space to 

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cyberspace, from controlled 
media to decentralized media of 

155
00:08:54,440 --> 00:08:56,200
the people. 
And This is why you see things 

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00:08:56,200 --> 00:08:59,400
like Twitter CEO saying that 
they're not only going to have 

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00:08:59,400 --> 00:09:03,200
peer-to-peer messaging, but 
peer-to-peer payments in a store

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00:09:03,200 --> 00:09:05,560
of value natively built into 
their platform. 

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00:09:06,040 --> 00:09:09,240
Imminently, literally imminently
could happen during this talk. 

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00:09:09,560 --> 00:09:11,040
It's going to be. 
Unlimited. 

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00:09:11,040 --> 00:09:15,400
Video right in the US we're. 
About to launch X Money? 

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00:09:17,120 --> 00:09:18,760
You've seen the enhancements 
with. 

163
00:09:18,880 --> 00:09:22,080
X chat. 
For premium users off. 

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00:09:22,080 --> 00:09:24,320
The charts capabilities, so 
think about what we're doing 

165
00:09:24,520 --> 00:09:27,880
instead of getting distracted by
click bait noise you're thinking

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00:09:27,880 --> 00:09:29,560
about. 
More people. 

167
00:09:30,240 --> 00:09:35,040
Coming to the platform to spend 
more time to do more things. 

168
00:09:35,520 --> 00:09:37,240
You know soon you're going to be
able to live. 

169
00:09:37,240 --> 00:09:39,800
Your whole financial life on the
platform. 

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00:09:40,120 --> 00:09:41,960
Peer-to-peer payments, Stored 
value. 

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00:09:42,200 --> 00:09:45,920
Pay a creator, watch a paper. 
You know, pay-per-view. 

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00:09:46,280 --> 00:09:48,480
I mean. 
Come on this we're talking about

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00:09:48,480 --> 00:09:50,200
what's next, not what stuff you 
talk about. 

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00:09:50,200 --> 00:09:53,840
It's like a fantasy of the. 
Past so I wouldn't. 

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00:09:53,840 --> 00:09:57,160
Be here spending jam packed five
days if we didn't have 

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00:09:57,160 --> 00:10:00,840
tremendous partners. 
Along with us, for you newbies 

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00:10:00,840 --> 00:10:03,960
out there, this has actually 
been done in a decentralized 

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00:10:03,960 --> 00:10:06,640
way, and that's Noster. 
But that's neither here nor 

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00:10:06,640 --> 00:10:08,760
there. 
The signal is still pretty big. 

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00:10:08,840 --> 00:10:12,360
the US has a debt problem and 
even media companies are 

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00:10:12,360 --> 00:10:15,600
understanding that they have to 
remove themselves from the 

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00:10:15,600 --> 00:10:18,840
existing systems of operations. 
The system cannot function 

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00:10:18,840 --> 00:10:20,960
without more money being printed
into the system. 

184
00:10:21,120 --> 00:10:25,520
Manipulation is the new normal. 
Fiscal irresponsibility is the 

185
00:10:25,520 --> 00:10:27,560
new standard. 
And they will continue to print 

186
00:10:27,560 --> 00:10:30,880
and print and print until the 
Fiat currency is worthless. 

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00:10:30,960 --> 00:10:33,440
This is all unless you move to a
Bitcoin standard. 

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00:10:33,560 --> 00:10:36,360
Don't listen to Ricky Bobby's 
dad who said if you're not 

189
00:10:36,360 --> 00:10:38,640
first, you're last. 
There's still plenty of time to 

190
00:10:38,640 --> 00:10:41,320
get on board, but you don't want
to miss the train when it leaves

191
00:10:41,320 --> 00:10:43,280
the station. 
It's not too late, but we're 

192
00:10:43,280 --> 00:10:47,520
getting closer and closer to the
moment of inevitability when one

193
00:10:47,520 --> 00:10:50,240
Bitcoin will be the new American
dream. 

194
00:10:50,400 --> 00:10:52,800
But that's for another episode. 
The Simply team is looking 

195
00:10:52,800 --> 00:10:55,600
forward to meeting you and 
reconnecting with you down in 

196
00:10:55,600 --> 00:10:58,520
Dallas, TX from November 11th 
through November 13th at the 

197
00:10:58,520 --> 00:11:02,400
Mining Disrupt conference. 20% 
of your tickets off, we're going

198
00:11:02,400 --> 00:11:05,200
to hook you up by using the 
promo code Simply Bitcoin. 

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00:11:05,320 --> 00:11:08,200
As always, thanks for locking in
and hopefully you learn 

200
00:11:08,200 --> 00:11:10,080
something new. 
Subscribe to the channel if you 

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00:11:10,080 --> 00:11:12,720
already haven't, this is Dante 
Cook with Bitcoin simply. 

202
00:11:13,160 --> 00:11:13,960
Happy stacking.