1
00:00:00,040 --> 00:00:05,480
Ladies and gentlemen, Bitcoin 
has crashed from 123 K to 116 K 

2
00:00:05,480 --> 00:00:09,360
in one day, and I think it has 
116 K more to go. 

3
00:00:09,560 --> 00:00:11,800
There's no intrinsic. 
Value to this. 

4
00:00:12,000 --> 00:00:15,680
Asset and now it's starting to 
be priced appropriately so it 

5
00:00:15,680 --> 00:00:18,000
has a you know what's Bitcoin at
16,000? 

6
00:00:18,000 --> 00:00:19,720
It has another 17,000. 
To go down. 

7
00:00:21,560 --> 00:00:23,840
Really. 
Yeah, there's no intrinsic value

8
00:00:23,840 --> 00:00:26,160
to this product. 
What are we talking about? 

9
00:00:26,240 --> 00:00:29,560
Bitcoin just had its all time 
high in a daily close and we're 

10
00:00:29,600 --> 00:00:32,200
already getting the Ponzi scheme
tweets. 

11
00:00:32,280 --> 00:00:35,160
Peter Schiff is coping because 
Bitcoin treasury companies are 

12
00:00:35,160 --> 00:00:38,480
buying nonstop and some are 
saying that Bitcoin's price is 

13
00:00:38,520 --> 00:00:41,720
only up because of stable coins.
Here's the reality. 

14
00:00:41,720 --> 00:00:46,840
Bitcoin is likely to RIP to 170 
to 180 K here pretty quickly in 

15
00:00:46,840 --> 00:00:50,240
the short term, and when it 
drops TO140K, we're going to get

16
00:00:50,240 --> 00:00:51,680
the crash again. 
It's. 

17
00:00:51,720 --> 00:00:55,600
Going to surge to 180 and crash 
to 140 and people will be 

18
00:00:55,600 --> 00:00:58,360
freaking out about it again. 
Haters will continue to hate, 

19
00:00:58,480 --> 00:01:01,680
but for Odell Beckham and the 
rest of us, it's safe to say 

20
00:01:01,680 --> 00:01:03,560
that we feel pretty good about 
our decision. 

21
00:01:03,680 --> 00:01:06,360
Even with Bitcoin crashing 
Today, we're going to look at a 

22
00:01:06,360 --> 00:01:10,360
potential tsunami that could 
send bitcoins prices even higher

23
00:01:10,480 --> 00:01:13,440
than the RIP that we just had. 
Is the money printer turning on?

24
00:01:13,520 --> 00:01:15,640
Let's find out. 
This is Dante Koch with Bitcoin.

25
00:01:15,640 --> 00:01:22,400
Simply, let's go. 
I, well, I, I am a firm believer

26
00:01:22,400 --> 00:01:25,240
that it's going much, much 
higher from here. 

27
00:01:25,480 --> 00:01:29,040
Think about corporate adoption. 
Corporate adoption is probably 

28
00:01:29,040 --> 00:01:33,520
only about 2%. 
Central banks only about 3%. 

29
00:01:34,840 --> 00:01:37,440
Those are both going higher, 
much higher. 

30
00:01:37,600 --> 00:01:39,560
Retail investors going much 
higher. 

31
00:01:40,000 --> 00:01:42,200
So look at it through, I'll, 
I'll leave off with this. 

32
00:01:42,200 --> 00:01:46,160
Look at it through the market 
cap of, of Bitcoin. 

33
00:01:46,360 --> 00:01:48,600
That's around 2 trillion, let's 
say. 

34
00:01:49,200 --> 00:01:52,080
Look at the market cap of gold, 
that's around 20 trillion. 

35
00:01:52,880 --> 00:01:56,040
Maybe it doesn't have to be 
gold, but if it closes the gap 

36
00:01:56,040 --> 00:02:02,120
to 50%, you're looking at 
$500,000 per Bitcoin. 

37
00:02:02,400 --> 00:02:08,000
And I do think that in eyeshot, 
you're looking at two 5300 and 

38
00:02:08,000 --> 00:02:13,000
50,000 pretty easily for crypto.
There's a couple of things, a 

39
00:02:13,000 --> 00:02:16,040
couple of hurdles, but I think 
those days of it losing 80% of 

40
00:02:16,040 --> 00:02:18,680
its value and then rallying up 
are long gone. 

41
00:02:18,680 --> 00:02:21,640
There's too many people that are
looking for the assets. 

42
00:02:21,640 --> 00:02:24,360
That's Bitcoin just finished 
with its all time high daily 

43
00:02:24,360 --> 00:02:29,120
close at almost 120 K and based 
on every indication, especially 

44
00:02:29,120 --> 00:02:32,280
the M2 money supply, I would say
that it's going much higher from

45
00:02:32,280 --> 00:02:34,160
here. 
More institutions, more 

46
00:02:34,160 --> 00:02:37,080
government, more pension funds, 
more liquidity. 

47
00:02:37,120 --> 00:02:39,880
Every time Bitcoin hits all time
highs, the haters come out. 

48
00:02:40,120 --> 00:02:42,280
And that's cool. 
And every time the haters come 

49
00:02:42,280 --> 00:02:52,120
out, we dunk on them like Johnny
Furphy and then we leave them 

50
00:02:52,120 --> 00:02:54,840
with the receipts that they'll 
never recover from. 

51
00:02:54,920 --> 00:02:56,440
I feel bad for this dude right 
here. 

52
00:02:56,440 --> 00:02:59,040
The people who don't buy Bitcoin
hate on people who did buy 

53
00:02:59,040 --> 00:03:02,000
Bitcoin, and when it hits all 
time highs, they cope. 

54
00:03:02,080 --> 00:03:07,000
The classic case, Dave Portnoy. 
That you know what we're going 

55
00:03:07,040 --> 00:03:10,000
to end up having? 
We have all these Bitcoin like 

56
00:03:10,000 --> 00:03:12,840
billionaires and all the rich 
people who just bought Bitcoin 

57
00:03:12,840 --> 00:03:14,400
didn't do anything else with 
their life. 

58
00:03:15,160 --> 00:03:17,440
They literally just buy Bitcoin 
and you see them and they're 

59
00:03:17,440 --> 00:03:19,200
throwing. 
They're buying apartments, cars,

60
00:03:19,200 --> 00:03:22,640
B's throwing around money, 
acting like that cock walk. 

61
00:03:22,640 --> 00:03:24,400
It's like, what'd you do? 
Oh, I bought Bitcoin. 

62
00:03:24,960 --> 00:03:29,800
Oh, nice, 65 thousandth of 
Bitcoin. 

63
00:03:35,360 --> 00:03:39,360
Bitcoin depresses me like I I I 
respect it. 

64
00:03:39,560 --> 00:03:44,520
I I don't know how I haven't 
made a billion dollars on 

65
00:03:44,520 --> 00:03:48,240
Bitcoin and I've made I've made 
nothing I've lost I'm the only 

66
00:03:48,240 --> 00:03:49,520
guy. 
How do you lose on Bitcoin? 

67
00:03:49,640 --> 00:03:52,520
How do you lose on Bitcoin? 
How do you behind on Bitcoin? 

68
00:03:52,520 --> 00:03:56,320
I am hey, I am I don't know how 
how do you believe in Bitcoin 

69
00:03:56,600 --> 00:03:59,160
and Michael Saylor the price you
get the price I. 

70
00:04:00,480 --> 00:04:03,200
Don't be depressed Dave. 
You had a chance to buy it at 65

71
00:04:03,200 --> 00:04:04,720
K. 
Don't sell your Bitcoin. 

72
00:04:04,760 --> 00:04:07,880
You mentioned Michael Saylor and
then you had a conversation with

73
00:04:07,880 --> 00:04:10,760
Michael Saylor, 30K higher, and 
he gave you the playbook. 

74
00:04:10,960 --> 00:04:14,320
You're the Michael Jordan Jordan
of the analogy in which if 

75
00:04:14,320 --> 00:04:17,560
you're buying Bitcoin, 
MicroStrategy, you, you're just 

76
00:04:17,560 --> 00:04:19,079
buying forever. 
You're never going to stop 

77
00:04:19,079 --> 00:04:20,560
buying. 
Yeah, I'm going to keep buying. 

78
00:04:20,720 --> 00:04:24,080
I, I joke, it's like you said, 
well it's 100,000 too much and I

79
00:04:24,080 --> 00:04:28,320
said I say look Dave, I'll be 
buying it at $1,000,000 a coin 

80
00:04:28,880 --> 00:04:31,960
and I'll probably be buying it 
at the rate of a billion dollars

81
00:04:31,960 --> 00:04:35,760
a day at $1,000,000 a coin 
because that's what I do. 

82
00:04:36,000 --> 00:04:38,600
Just like you're like, you know 
crap. 

83
00:04:38,600 --> 00:04:41,640
Manhattan real estate's really 
expensive in 1930. 

84
00:04:42,000 --> 00:04:43,960
It's a lot more expensive than 
1830. 

85
00:04:43,960 --> 00:04:46,720
I'm like, well, you know 100 
years later we'll still be 

86
00:04:46,720 --> 00:04:48,440
buying it and we'll be paying a 
lot more. 

87
00:04:48,440 --> 00:04:52,320
The only issue is can you hold 
it for that time period because 

88
00:04:52,720 --> 00:04:54,080
people are going to want to buy 
it. 

89
00:04:54,520 --> 00:04:59,040
OK, so Michael Saylor gave you 
the playbook AT95K and now at 

90
00:04:59,040 --> 00:05:02,680
123 K you're still saying the 
same thing. 

91
00:05:03,200 --> 00:05:09,080
Listen, listen, sometimes we do 
these stock shows and I 

92
00:05:09,080 --> 00:05:13,000
literally like sent my stock 
guy, my finance guys like you 

93
00:05:13,000 --> 00:05:15,480
know, we talk everyday about 
stocks. 

94
00:05:16,440 --> 00:05:18,440
We should just shut up and 
bought Bitcoin. 

95
00:05:18,680 --> 00:05:22,120
Just shut up and bought Bitcoin.
Forget everything else and bank.

96
00:05:22,320 --> 00:05:25,280
Team, I hope we see a pattern. 
The best thing to do isn't to 

97
00:05:25,280 --> 00:05:27,920
talk about stocks or to try to 
be smarter, to try to time the 

98
00:05:27,920 --> 00:05:30,880
market or be a crypto trader. 
It's just to simply buy Bitcoin.

99
00:05:30,960 --> 00:05:33,600
Anyone who can't control 
something or manipulate it might

100
00:05:33,600 --> 00:05:36,480
call it a Ponzi scheme. 
And Speaking of controlling an 

101
00:05:36,480 --> 00:05:40,320
entire market, Warren Buffett 
owns 5% of the Treasury market 

102
00:05:40,440 --> 00:05:43,040
and people like him may be 
influencing your thoughts around

103
00:05:43,040 --> 00:05:45,360
Bitcoin. 
I mean, the US government still 

104
00:05:45,360 --> 00:05:48,600
owes Warren Buffett a fake. 
That's why he buys treasuries. 

105
00:05:48,720 --> 00:05:51,440
Bitcoin is an asset that he 
can't control behind closed 

106
00:05:51,440 --> 00:05:53,440
doors. 
But despite what Warren Buffett 

107
00:05:53,440 --> 00:05:56,120
and Charlie Munger may have said
in the past, the new potential 

108
00:05:56,120 --> 00:05:59,760
Fed chair, Kevin Walsh, says 
that he's not afraid of Bitcoin.

109
00:05:59,920 --> 00:06:02,640
It's just software and it's a 
way to keep governments 

110
00:06:02,640 --> 00:06:06,040
accountable. 
You made reference to Bitcoin 

111
00:06:06,040 --> 00:06:09,400
and I thought I heard a little 
bit of condescension that people

112
00:06:09,400 --> 00:06:11,480
are buying Bitcoin in these 
things. 

113
00:06:11,480 --> 00:06:13,760
But doesn't it Charlie Munger? 
This. 

114
00:06:13,760 --> 00:06:15,080
Is a two or three years before 
he died. 

115
00:06:15,080 --> 00:06:16,320
Charlie Munger attacked. 
Bitcoin. 

116
00:06:16,320 --> 00:06:18,480
He called it evil in. 
Part. 

117
00:06:18,480 --> 00:06:20,800
Because it would begin to. 
Undermine the. 

118
00:06:20,800 --> 00:06:22,880
Fed's ability to manage the 
economy. 

119
00:06:23,120 --> 00:06:25,040
Or it could provide market 
discipline. 

120
00:06:25,400 --> 00:06:28,400
Or it could tell the world that 
things need to be fixed. 

121
00:06:29,280 --> 00:06:30,840
Bitcoin does not make you 
nervous. 

122
00:06:31,440 --> 00:06:33,280
Bitcoin does not make me 
nervous. 

123
00:06:33,280 --> 00:06:39,960
I can harken back to a a dinner 
I had here in 2011 with a 

124
00:06:40,120 --> 00:06:42,160
someone who is another guest on 
your show. 

125
00:06:42,160 --> 00:06:46,560
I won't say his name, OK? 
I just did. 

126
00:06:46,560 --> 00:06:50,760
Marc Andreessen, who showed me 
the white paper That was the 

127
00:06:50,760 --> 00:06:53,600
original white paper. 
I wish I had understood as 

128
00:06:53,600 --> 00:06:57,280
clearly as he did how 
transformative Bitcoin in this 

129
00:06:57,280 --> 00:07:01,040
new technology would be. 
Bitcoin doesn't trouble me. 

130
00:07:01,040 --> 00:07:04,920
I think of it as an important 
asset that can help inform 

131
00:07:04,920 --> 00:07:07,720
policy makers when they're doing
things right and wrong. 

132
00:07:08,840 --> 00:07:11,080
It is not a substitute to the 
dollar. 

133
00:07:11,080 --> 00:07:14,440
I think it can often be a very 
good policeman for policy. 

134
00:07:14,920 --> 00:07:18,560
And if I were to speak more 
broadly to what did Charlie 

135
00:07:18,560 --> 00:07:23,080
Munger and others perhaps have 
in mind, there is a 

136
00:07:23,120 --> 00:07:27,080
proliferation of securities that
go under all sorts of names. 

137
00:07:27,440 --> 00:07:31,200
Many, if not most of them are 
not worth what they're might be 

138
00:07:31,320 --> 00:07:34,960
being traded for. 
So what did Charlie say? 

139
00:07:34,960 --> 00:07:38,280
And maybe his his pal Warren say
there's the innovators, the 

140
00:07:38,280 --> 00:07:42,280
imitators and the incompetence. 
They're real innovators that are

141
00:07:42,280 --> 00:07:44,760
happening in and around that new
technology. 

142
00:07:45,200 --> 00:07:50,160
And what I would try to impart 
towards businesses and bankers 

143
00:07:50,600 --> 00:07:53,000
is that the underlying 
technology that Mark showed me 

144
00:07:53,000 --> 00:07:56,520
in that white AER or tried to 
show me in that white AER, it's 

145
00:07:56,520 --> 00:07:59,400
just software. 
It's just the newest, coolest 

146
00:07:59,400 --> 00:08:03,040
software that will provide us an
ability to do things that we 

147
00:08:03,040 --> 00:08:06,000
could never have done before. 
Can the software be used for 

148
00:08:06,000 --> 00:08:09,560
good and evil? 
Yes, both, like all software. 

149
00:08:09,800 --> 00:08:11,760
So I don't cast aspersions like 
that. 

150
00:08:12,080 --> 00:08:16,000
If there's a final point, it's 
these technologies are being 

151
00:08:16,000 --> 00:08:18,480
built here. 
I don't just mean on Stanford 

152
00:08:18,480 --> 00:08:20,720
campus. 
I believe in the United States 

153
00:08:21,000 --> 00:08:26,160
and the world's most talented 
engineers from China and Europe 

154
00:08:26,160 --> 00:08:29,760
and everywhere they come to the 
United States even now to try to

155
00:08:29,760 --> 00:08:33,640
build this stuff. 
And my view is by building it 

156
00:08:33,640 --> 00:08:36,320
here, that gives us an 
opportunity to be more 

157
00:08:36,320 --> 00:08:39,640
productive and create something 
very special over the next 

158
00:08:39,640 --> 00:08:41,400
decade. 
And so the question for us is, 

159
00:08:41,520 --> 00:08:44,000
should you buy that house or 
should you just hold the 

160
00:08:44,000 --> 00:08:46,160
Bitcoin? 
Should you buy that Tesla or 

161
00:08:46,160 --> 00:08:48,720
that Ferrari or should you just 
hold Bitcoin? 

162
00:08:48,800 --> 00:08:51,800
I don't know. 
I think it's going up forever, 

163
00:08:51,800 --> 00:08:53,840
Laura. 
You do not sell your Bitcoin 

164
00:08:54,040 --> 00:08:58,000
every Bitcoin when your cell is 
going to cost you $13 million or

165
00:08:58,000 --> 00:09:01,320
if you decide to go buy a 
Ferrari or a sports car with 

166
00:09:01,320 --> 00:09:05,800
three or four Bitcoin or five, 
it's a $65 million Ferrari. 

167
00:09:06,120 --> 00:09:09,720
So think really hard. 
Do you want the Ferrari, which 

168
00:09:09,720 --> 00:09:13,360
will be good, you know, may get 
you a few dates and people think

169
00:09:13,360 --> 00:09:15,840
you're cool for the next few 
years, but would you rather have

170
00:09:15,840 --> 00:09:21,240
$65 million twenty years out 
because you can retire on that 

171
00:09:21,240 --> 00:09:22,720
and live a very comfortable 
life. 

172
00:09:22,720 --> 00:09:26,360
So I cling to my Bitcoin. 
So if you have an asset that 

173
00:09:26,360 --> 00:09:29,240
could be worth $13 million, 
would you want to sell that 

174
00:09:29,240 --> 00:09:32,640
asset for an asset that's going 
to be worth less overtime We 

175
00:09:32,640 --> 00:09:35,960
measured in that asset. 
And the answer should be no, not

176
00:09:35,960 --> 00:09:38,000
under circumstances that you can
control. 

177
00:09:38,120 --> 00:09:41,160
And that's why people work with 
Leaden, the leader in Bitcoin 

178
00:09:41,160 --> 00:09:44,280
back loans, which allow you to 
unlock liquidity in the best 

179
00:09:44,280 --> 00:09:47,520
performing asset in the world, 
pristine collateral without 

180
00:09:47,520 --> 00:09:50,360
selling your Bitcoin. 
They've issued over $9 billion 

181
00:09:50,360 --> 00:09:52,840
worth of loans to 10s of 
thousands of customers across 

182
00:09:52,840 --> 00:09:54,800
the globe. 
The process is fast, simple and 

183
00:09:54,800 --> 00:09:57,720
transparent and your account can
get funded in less than 24 

184
00:09:57,720 --> 00:10:00,280
hours. 
Go to learn dot leaden dot AO 

185
00:10:00,440 --> 00:10:04,120
slash simply to get started. 
Loan start at just 12.4% but you

186
00:10:04,120 --> 00:10:08,000
get .25 percent off if you go to
learn dot leaden dot AO slash. 

187
00:10:08,000 --> 00:10:10,280
Simply one of the things that 
you should do if an asset's 

188
00:10:10,280 --> 00:10:13,520
going to be worth $13 million is
learn how to protect it. 

189
00:10:13,520 --> 00:10:16,240
Learn how to keep it sovereign. 
Learn how to not get rug pulled 

190
00:10:16,240 --> 00:10:18,320
by crypto exchanges when they 
fail. 

191
00:10:18,320 --> 00:10:20,960
And believe me, even this cycle,
they will fail. 

192
00:10:21,040 --> 00:10:23,800
Be prepared by getting a coach. 
Schedule a free 30 minute 

193
00:10:23,800 --> 00:10:27,000
consultation with the team at 
the bitcoinway.com/simply 

194
00:10:27,000 --> 00:10:28,760
Bitcoin. 
Their team will hook you up and 

195
00:10:28,760 --> 00:10:32,000
teach you how to do self custody
for your generational wealth the

196
00:10:32,000 --> 00:10:33,800
right way. 
More and more people are going 

197
00:10:33,800 --> 00:10:37,120
to be buying Bitcoin, hating on 
it publicly or not saying 

198
00:10:37,120 --> 00:10:40,320
anything about it at all. 
And that's OK for individuals. 

199
00:10:40,560 --> 00:10:43,840
But that's not OK when you're 
the largest shareholder in the 

200
00:10:43,840 --> 00:10:47,400
world of MicroStrategy, the 
largest Bitcoin treasury company

201
00:10:47,400 --> 00:10:49,600
in the world, buying the most 
Bitcoin in the world. 

202
00:10:49,600 --> 00:10:54,200
They just crossed 600,000 
Bitcoin or 3% of the network and

203
00:10:54,440 --> 00:10:58,280
you still don't let your own 
customers buy Bitcoin. 

204
00:10:58,400 --> 00:11:02,280
Products next Vanguard's 
unintended exposure to Bitcoin. 

205
00:11:02,280 --> 00:11:05,880
The firm has long held firm that
Bitcoin has no inherent economic

206
00:11:05,880 --> 00:11:10,040
value, is an immature asset 
class and is not appropriate for

207
00:11:10,040 --> 00:11:12,760
long term investors. 
Yet Vanguard is now the single 

208
00:11:12,760 --> 00:11:15,560
biggest shareholder of strategy 
as you can see here Michael 

209
00:11:15,560 --> 00:11:18,240
Saylor's software firm that's 
become a proxy for Bitcoin, 

210
00:11:18,480 --> 00:11:22,800
Vanguard owns 20 million shares.
And the reason Index investing, 

211
00:11:22,800 --> 00:11:25,600
Vanguard mutual funds and ETFs 
that passively track indexes 

212
00:11:25,800 --> 00:11:28,680
have no choice but to end up 
holding of strategy, even though

213
00:11:28,680 --> 00:11:33,200
the firm dislikes Bitcoin. 
Irony, clearly, and. 

214
00:11:33,200 --> 00:11:37,160
Ironic, they know something that
we intuitively know as a human 

215
00:11:37,160 --> 00:11:39,400
race. 
Overtime we get bigger, better, 

216
00:11:39,400 --> 00:11:41,720
stronger, faster, smarter, 
wealthier. 

217
00:11:41,720 --> 00:11:45,480
We even have 17 year old girls 
throwing down to handed dunks in

218
00:11:45,480 --> 00:11:48,960
basketball games now. 
Join. 

219
00:11:49,280 --> 00:11:50,360
Me steals it. 
Away. 

220
00:11:50,360 --> 00:11:51,680
Clear the wrong way. 
Oh. 

221
00:11:52,160 --> 00:11:54,120
What 2 handed. 
Throw down. 

222
00:11:54,480 --> 00:11:56,920
One thing that Vanguard knows is
that governments and people 

223
00:11:56,920 --> 00:11:59,720
around the world need to 
continue printing money in order

224
00:11:59,720 --> 00:12:02,120
for the system to work. 
Mike Binn says that Bitcoin's 

225
00:12:02,120 --> 00:12:05,200
price is only going up because 
stable coins are printing more 

226
00:12:05,200 --> 00:12:06,880
Bitcoin. 
He's missing the point. 

227
00:12:06,880 --> 00:12:09,600
It doesn't matter whether it's a
stable coin or not, the printing

228
00:12:09,600 --> 00:12:12,160
needs to happen. 
He even admits it himself. 

229
00:12:12,240 --> 00:12:14,280
I mentioned I was a little 
surprised when I was asked to 

230
00:12:14,280 --> 00:12:16,640
speak here because I just 
published a video called Bullish

231
00:12:16,640 --> 00:12:19,680
on Bullshit Mike. 
They're not pumping the price of

232
00:12:19,680 --> 00:12:22,160
Bitcoin. 
They're pumping the price of the

233
00:12:22,160 --> 00:12:26,160
amount of liquidity that Fiat 
needs to prevent the impairment 

234
00:12:26,360 --> 00:12:31,920
of really bad just policies and 
and zombie companies that need 

235
00:12:31,920 --> 00:12:35,120
another breath of the Fiat air, 
right? 

236
00:12:35,120 --> 00:12:37,480
Or the Fiat liquidity. 
What would happen to the price 

237
00:12:37,480 --> 00:12:39,520
of Bitcoin if Tether died 
tomorrow? 

238
00:12:40,280 --> 00:12:42,240
Well, we would in the short 
term. 

239
00:12:42,520 --> 00:12:45,480
If liquidity dries up, Bitcoin 
gets punished. 

240
00:12:45,480 --> 00:12:49,240
We've seen this over and over 
again, but they can't let that 

241
00:12:49,240 --> 00:12:52,560
deflation RIP through the 
economy or else everybody's 

242
00:12:52,560 --> 00:12:55,960
living in tent city, right? 
Hence bullish on bullshit. 

243
00:12:56,240 --> 00:12:58,960
That's exactly right. 
They have to keep it going in 

244
00:12:58,960 --> 00:13:00,960
order to prevent that collapse 
and. 

245
00:13:01,080 --> 00:13:03,840
Tether reportedly printed $2 
billion. 

246
00:13:03,840 --> 00:13:07,320
Circle printed another billion 
dollars in ChatGPT says that 

247
00:13:07,320 --> 00:13:11,760
this last rally is likely coming
from that, but I'm going to call

248
00:13:11,760 --> 00:13:16,280
BS because that's just $3 
billion in a $2.4 trillion asset

249
00:13:16,280 --> 00:13:18,120
class. 
That's literally nothing. 

250
00:13:18,120 --> 00:13:21,800
But regardless, it could have 
been China who just printed $700

251
00:13:21,800 --> 00:13:24,160
billion worth of liquidity into 
the system. 

252
00:13:24,240 --> 00:13:27,480
It doesn't matter. 
The printer needs to stay on. 

253
00:13:27,480 --> 00:13:30,520
And when that does this is going
to be me walking into work. 

254
00:13:37,680 --> 00:13:40,360
Like and share this video and 
subscribe to the channel if you 

255
00:13:40,360 --> 00:13:43,360
already have it before you go. 
If you want to go down to Dallas

256
00:13:43,360 --> 00:13:46,640
TX to the largest Bitcoin mining
Expo in the world from November 

257
00:13:46,640 --> 00:13:49,880
11th through November 13 at 
mining disrupt well, we got you 

258
00:13:49,880 --> 00:13:52,920
hooked up use the promo code 
simply Bitcoin for 20% off your 

259
00:13:52,920 --> 00:13:55,760
ticket. 
Get down on it bam bam bam get 

260
00:13:55,760 --> 00:13:58,080
down on it. 
This is Dante Cook with Bitcoin.

261
00:13:58,080 --> 00:13:59,880
Simply happy stacking.
