US politician Sherry Biggs just made a huge bet and followed the
purchase up to 250K worth of Bitcoin.
When people in Congress make bets like these, they know
something that we don't. But she's not the only one.
What is your current ownership of Bitcoin in terms of like
portfolio percentage? I think probably 90 something
percent of my net worth is is Bitcoin and how do I deal with
it? Don't do anything you said 9090.
This was from an interview last week.
That's Arthur Hayes, the billionaire who started buying
Bitcoin back in 2013. What do they know?
The best returns for Bitcoin have been when we.
Today we're going to cover the data and charts that are all
saying Bitcoin is about to explode.
Are you prepared? This is Dante Cook with Bitcoin.
Simply, let's go. Why is 90% of billionaire Arthur
Hayes's portfolio in Bitcoin right now?
Why did politician Sherry Biggs just filed to buy between 100K
and 250K worth of Bitcoin? You know when the Nancy Pelosi
stock tracker picks you up, things can get spicy.
It's probably because she just watched this interview with
Jordy Visser on CNBC. Let's check it out.
I'll put my neck out on the line here and say the next time I see
Bitcoin will be significantly higher.
There's two catalysts that are happening.
Last week, Bitcoin outperformed software significantly.
If go back to when the stock market started to rally, we saw
breaking correlations between crude trading higher by $11.00
and yet the S&P 500 finished slightly up to unchanged on a
Friday and then we came in the next day.
Once you kind of break those correlations between things
where people think, oh, software is down, that means Bitcoin
should go down. Software was down hard last
week, but Bitcoin was up. And so I think we broke that
correlation. But there's one important thing,
and I highlighted this in a paper I wrote this weekend,
we're getting into negative real rate territory.
So year over year CPI is now at 3.3%.
The next time we get a CPI print, you're going to have year
over year CPI above where three month bills are.
The best returns for Bitcoin have been when we've had
negative real yields. And I think we're going to be in
a situation with negative real yields for quite some time
because I don't think inflation is going to come down sharply.
And I think we're going to have a problem with how the Fed is
going to deal deal with inflation, with slowing growth
and with the affordability issues.
So all of these things feed into a very positive backdrop for
Bitcoin and you have some positive technical signals with
a a weekly MACD crossover. I'm going to go with bitcoins
higher the next time I see. This is Bitcoin simply.
I love breaking down complex topics for the average person in
a way that they can understand. When Jordy Visser says that 100%
of bitcoins returns come after negative real yields, what does
he mean by negative real yields? The term real yield comes from
the difference between what you earn in risk free assets like
bonds or what he says 3 month treasury bills and what actual
inflation numbers are. So if your money market pays you
5% and inflation is 2%, well then you have a real yield of
3%. But what happens if the three
month T-bills are 3 1/2% and inflation is running at 4%?
Well, you have a .5% negative real yield and this means that
every dollar that you have sitting in this money market
account is actually losing you money.
So advisors or other people will start to allocate your assets
for you into riskier assets. Assets like Bitcoin, assets like
equities. And This is why Bitcoin returns
tend to explode after yields go negative.
People are just seeking higher returns.
Makes sense. But this doesn't explain
bitcoins run from under 70K to 78K last week.
Something bigger is happening and it's this.
The increasingly fractious world and the creasing changes to the
global monetary order have opened up a space for Bitcoin.
And if Bitcoin could be both a store of value and a actual?
Currency. Then the price targets we've
been talking about and a bit wise, we've been talking about,
you know, $1.3 million by 2035. I think you have to ratchet that
up maybe another $1,000,000 increment because that's a huge
addressable market. I think it's directly the reason
we've been rallying through this Iran conflict and it makes me
very optimistic long term for where Bitcoins headed.
I don't necessarily believe with a $2.3 million price target or
that Bitcoin is actually becoming a currency, but there's
no question that the perception around Bitcoin is changing.
When a $10 trillion global bank like Morgan Stanley post a
Bitcoin wallet address publicly for everyone to see the 1340
Bitcoin that they own worth about $100 million, well then
that is a signpost that Wall Street is finally adopting
Bitcoin and you need to get on board.
And this is huge because these are the brokers having
conversations with people like Shohei Otani and listen to this
conversation. Hey, Shohei, want some Ethereum?
What about overpriced Los Angeles real estate?
What about over collateralized AAA bonds?
Bitcoin. That's because guys like Shohei
Otani are smart. They're thinking about the long
term and beyond. Just gut feel.
This is what the data is actually saying about Bitcoin.
In a recent study done by On Ramp, there have been 7
geopolitical crises since 2020. When looking at the 60 day
forward returns of the S&P 500, gold and Bitcoin, well, there
was a clear winner. The S&P 500 was +6 out of seven
times gold, the laggard 5 out of seven times Bitcoin +7 out of
seven times. Every crisis exposes
counterparty risk and Bitcoin is proving that it's not only
better than them in percentage terms of returns, but also in
its consistency. Bitcoin is the asset that people
turn to in a global crisis. But let's look at some more data
this time for my friend Zay Isaiah Douglas from Swan
private. Every time Bitcoin has had a
major draw down below it's 100 day simple moving average and
then it's reclaimed it it's been higher 90 three days later, not
8 out of nine times every single time since 2015, a perfect track
record here's what Isaiah says in his analysis.
The 90 day medium return after it claimed it's 100 day simple
moving average is 47%. The 180 day median is 89%.
But despite what the data says, Bitcoin still has risks I.
Don't want to talk about quantum, I talk.
I want to talk about the liquidity side, the draw down
side, clarity act, whatever you think is kind of you know what,
what is kind of if anything holding the market back or
potentially something that you're worried about going.
Forward, yeah. The interesting thing LG is
that. Before we dive into this
conversation between LG and James Lavish on Milk Rd. let me
tell you about a few companies that I personally use and
recommend to people in Bitcoin. The first one is Leaden because
they allow you to keep their best asset.
It's going up forever, Laura. And with that you don't want to
sell it for Fiat dollars which are going down in value versus
scarce assets. Letting allows people to borrow
against their Bitcoin in an institutional grade way.
Borrow up to 50% loan to value against your Bitcoin.
Meaning if you have $1000 Bitcoin stack that you post as
collateral, you can get $500 worth of Fiat in less than six
hours in your account. It's not re hypothecated.
They only work with Bitcoin and the loans are between 9.9 and
11.49% which is about half of what you could get with a credit
card. Repay it anytime with no credit
checks. Go to learn dot LED N dot AO
slash simply to get started. It's a product that I personally
use when I don't want to sell my Bitcoin and I need cash
liquidity to buy something else that's also a scarce asset.
Another company that I recommend and another tactic I recommend
always is getting a coach. Never go about learning new
things alone. Coaches from The Bitcoin Way
have been trained to help you learn how to keep your Bitcoin
stack safe, private, and secure, not only for you, but for you
and your family members. A member of their team will get
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team at the bitcoinway.com/partner/dante
Dash Cook. Tell them I sent.
You the interesting thing LG is that, you know, years ago I
thought, well, once once institutions get into this,
that's it. It's going to be it like you,
you're going to be left behind and it's it's off to the races.
The funny thing is, and this is this comes to what I think is
the big biggest risk to Bitcoin, which is just the delays of
people understanding it and and embracing it.
And the here's a funny thing is that somehow, once again, Wall
Street has figured out a way to get in there before retail.
And it there's so much noise around Bitcoin and there's so
much negativity around it in the media that by and large, we're
in our little bubble over here. But by and large, the vast
majority of people do not understand it.
They don't trust it and they think that it's a, it's for
criminals and for money launderers and for, you know,
people traffickers. They do not get it.
And so, funny enough, I thought, and I've been saying it for
years, that you can get in before Wall Street takes over,
but Wall Street is taking over. Wall Street is taking over.
I mean, just look at Morgan Stanley posting a public Bitcoin
address. The biggest risk in Bitcoin is
that people still don't understand it.
If you watch my last episode, you see a conversation between
Jon Stewart and Ben McKenzie where they're talking about
Bitcoin is used for illicit activities across the globe.
Even though the dollar is used for 30 times more criminal
activity across the globe, they talk about it in terms of
criminal investigations, fraud, and even Epstein.
This is the main narrative and This is why people don't fully
understand Bitcoin. But in this episode, I give you
a ton of reasons why this is a great time to consider Bitcoin.
One of the main narratives that we heard last week was that
Bitcoin was created by the CIA. But Professor Jiang highlights
the real problem that we're all facing, the problem that they
want to distract you from. Remember that America is sitting
on $39 trillion in debt. And so the American economy is a
Pontius scheme that relies on foreign nations to continually
buy U.S. dollars. So the US economy would not be
able to withstand essentially American withdrawal from the
Middle East. So the markets are stuck where
they are right now, unfortunately.
Bingo. We're living in a Ponzi scheme
with $39 trillion worth of debt, and that's why we can't pull out
of endless wars in the Middle East.
We need more people to continue to use the dollar system, which
is being weaponized against them more and more frequently.
That's the real problem and everyone knows it.
How will you protect yourself when yields go negative?
Will you trust the data that when Bitcoin reclaims its
hundred day simple moving average, it goes up on average
42 to 90% over the next 180 days?
Will you trust the fact that the data says that when there's
geopolitical crises, Bitcoin goes higher?
This isn't just YouTube speak. It's the actual data.
And you won't find this kind of information anywhere else
because we keep it real and we bring you the alpha.
We drop alpha like this seven days a week and that's why if
you haven't already subscribed to the channel, you should do so
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This is Dante Cook with Bitcoin. Simply happy stacking.