1 00:00:00,080 --> 00:00:02,400 Is Bitcoin going to 0 or 1,000,000? 2 00:00:02,440 --> 00:00:05,200 Because depending on who you listen to, it's either the 3 00:00:05,200 --> 00:00:07,920 biggest fraud ever invented or it's the most important 4 00:00:07,920 --> 00:00:09,520 invention since the Internet. Don't. 5 00:00:09,600 --> 00:00:12,720 Listen to the crypto Kitty, he's leading you astray. 6 00:00:13,240 --> 00:00:16,400 Don't buy Bitcoin. If you have any Bitcoin, sell it 7 00:00:16,400 --> 00:00:19,040 all right now. Buy gold, buy yes, buy gold for 8 00:00:19,080 --> 00:00:21,000 sure. Buy gold, buy silver, Buy 9 00:00:21,000 --> 00:00:23,920 something real. Get out of Fiat into something 10 00:00:23,960 --> 00:00:26,080 real and tangible that has value. 11 00:00:26,520 --> 00:00:29,160 Don't buy into a scam magic into that money. 12 00:00:29,560 --> 00:00:31,360 Right. It's not even money, it's just 13 00:00:31,400 --> 00:00:34,320 this BS. When you buy Bitcoin, all you're 14 00:00:34,320 --> 00:00:36,760 doing is making the person who's selling it rich. 15 00:00:37,240 --> 00:00:46,480 Don't be a bag holder. It's hilarious because this guy 16 00:00:46,480 --> 00:00:49,000 can't even tell whether a gold bar is real or not. 17 00:00:49,320 --> 00:00:52,080 So I have a nice box here. What is that? 18 00:00:52,240 --> 00:00:55,720 He has some. I think it's Kurkis language. 19 00:00:56,440 --> 00:00:58,880 I took it back from Kyrgyzstan. He has a certificate. 20 00:00:59,560 --> 00:01:01,440 I got it. I got this from a very important 21 00:01:01,440 --> 00:01:07,040 person from Kyrgyzstan very recently, just completely by 22 00:01:07,040 --> 00:01:08,880 luck. So we take it out. 23 00:01:09,080 --> 00:01:12,960 It's pretty heavy. I'll put this down. 24 00:01:12,960 --> 00:01:18,640 You can see like it says, Turkistan 1000 grams, fine gold 25 00:01:19,120 --> 00:01:22,480 99.9 point 9 and a serial number. 26 00:01:23,200 --> 00:01:25,800 Try it. Yes, yeah. 27 00:01:25,800 --> 00:01:27,800 It's heavy. Is it real gold or no? 28 00:01:28,080 --> 00:01:30,200 Well, I don't. Know I mean I, you know I mean. 29 00:01:31,360 --> 00:01:32,840 Is this what you're trying to I mean? 30 00:01:33,680 --> 00:01:36,440 And here's the crazy thing. We've heard this exact debate 31 00:01:36,440 --> 00:01:38,120 before. The Internet is a fad. 32 00:01:38,280 --> 00:01:40,760 Amazon will fail. No one will ever do commerce 33 00:01:40,760 --> 00:01:43,160 online. Nobody will ever stream movies. 34 00:01:43,160 --> 00:01:47,000 The iPhone is a toy. e-mail isn't for serious communication. 35 00:01:47,120 --> 00:01:49,720 So if you're new to Bitcoin and you're confused, welcome. 36 00:01:49,800 --> 00:01:51,800 You're not dumb. You're just stuck between 37 00:01:51,800 --> 00:01:53,920 history and the people who never learned from it. 38 00:01:54,000 --> 00:01:56,400 And today, I'm going to show you that we're in one of those 39 00:01:56,400 --> 00:01:58,600 moments with Bitcoin. This is Dante Coco Bitcoin. 40 00:01:58,600 --> 00:02:04,880 Simply, let's go. If I'm a new investor to 41 00:02:04,880 --> 00:02:08,120 Bitcoin, I'm confused because every day you're hearing clips 42 00:02:08,120 --> 00:02:10,320 like this about how much of a fraud it is. 43 00:02:10,520 --> 00:02:14,240 This is the first interview that famed investor Michael Berry has 44 00:02:14,240 --> 00:02:17,320 done in decades, and he had this to say about Bitcoin. 45 00:02:17,440 --> 00:02:21,640 I think that Bitcoin at 100,000 is the most ridiculous thing. 46 00:02:22,320 --> 00:02:26,160 That same people are sitting on TV talking about Bitcoin. 47 00:02:26,880 --> 00:02:31,240 There's casually it's 100,000 down, now it's 98,000. 48 00:02:32,520 --> 00:02:39,320 It's not worth anything. Everybody's accepted it. 49 00:02:39,680 --> 00:02:42,960 It's a Tulip bulb of our time. It's worse than a Tulip bulb 50 00:02:43,280 --> 00:02:47,640 because this has enabled so much criminal activity to go deep 51 00:02:47,640 --> 00:02:49,840 under under. And you'll hear clips like these 52 00:02:49,840 --> 00:02:52,800 from Larry Fink, the largest asset manager in the world and 53 00:02:52,800 --> 00:02:55,400 the most important person in finance on the globe. 54 00:02:55,400 --> 00:02:58,000 He changed his tune about Bitcoin, and he admitted that he 55 00:02:58,000 --> 00:03:01,880 was wrong. Called crypto an index for money 56 00:03:01,880 --> 00:03:04,640 laundering. BlackRock. 57 00:03:04,680 --> 00:03:06,440 And thieves. And thieves. 58 00:03:06,440 --> 00:03:09,040 Yes, money laundering and thieves. 59 00:03:09,920 --> 00:03:12,320 You now have the biggest Bitcoin ETF. 60 00:03:13,360 --> 00:03:18,840 So what happened here? I have very strong views, but 61 00:03:18,840 --> 00:03:23,240 that doesn't mean I'm not wrong. I but you, by having strong 62 00:03:23,240 --> 00:03:25,760 views, you have to test yourself and ask yourself. 63 00:03:25,760 --> 00:03:29,680 And you know, in my role, I see, you know, thousands of clients a 64 00:03:29,680 --> 00:03:32,000 year. I have, you know, governmental 65 00:03:32,000 --> 00:03:35,280 leaders and we have these conversations that my, my 66 00:03:35,280 --> 00:03:39,200 thought process always evolves. And this is a a very glaring 67 00:03:39,200 --> 00:03:43,760 public example of of a a big shift in my opinion. 68 00:03:43,800 --> 00:03:45,920 You'll hear quotes like this from Michael Saylor, who said 69 00:03:45,920 --> 00:03:48,520 that all of the major banks have flipped their tune on Bitcoin in 70 00:03:48,520 --> 00:03:53,080 the last 6 to 12 months. What we've what we've seen is 71 00:03:53,520 --> 00:03:59,880 BNY Mellon, PNC Bank, Citibank, JP Morgan, Wells Fargo, Bank of 72 00:03:59,880 --> 00:04:06,360 America, Vanguard, all of these have flipped from a hostile, 73 00:04:06,360 --> 00:04:09,640 negative or skeptical view to a positive view in the last 12 74 00:04:09,640 --> 00:04:13,880 months, right? We have announcements Schwab is 75 00:04:13,880 --> 00:04:18,720 going to custody Bitcoin and extend credit against crypto 76 00:04:18,760 --> 00:04:22,560 assets early next year. Citi is doing the same thing. 77 00:04:22,960 --> 00:04:26,560 But you'll also hear things like this from Brad Gerstner, A famed 78 00:04:26,560 --> 00:04:29,400 Silicon Valley investor in VC who says that Bitcoin is a 79 00:04:29,400 --> 00:04:31,240 speculative asset with no utility. 80 00:04:31,240 --> 00:04:35,200 MicroStrategy could go to 0 in quantum computing could break or 81 00:04:35,200 --> 00:04:37,360 hack the blockchain. It is a risk asset. 82 00:04:37,360 --> 00:04:39,520 You should treat it appropriately in your portfolio 83 00:04:39,720 --> 00:04:43,400 because if MicroStrategy is forced to delever, yeah, if 84 00:04:43,400 --> 00:04:46,480 there's an unwind there, it could get really messy in the 85 00:04:46,480 --> 00:04:49,160 short run, which is probably why I would be waiting to see how 86 00:04:49,160 --> 00:04:50,160 this plays out. Doesn't go to. 87 00:04:50,160 --> 00:04:51,640 Zero does it. No. 88 00:04:52,320 --> 00:04:56,000 I mean, I think I, I think the black, the, the Black Swan, 89 00:04:56,320 --> 00:05:00,520 right, is that somebody hacks, you know, crypto, whether it's 90 00:05:00,520 --> 00:05:02,360 quantum or otherwise. There was some news out 91 00:05:02,560 --> 00:05:04,800 overnight about, you know, Anthropic running some 92 00:05:04,800 --> 00:05:07,200 vulnerability tests on the black chain. 93 00:05:07,200 --> 00:05:11,240 Those things I think will be important if this is to have 94 00:05:11,400 --> 00:05:14,000 durability. But then I saw on December 3rd, 95 00:05:14,200 --> 00:05:18,080 Rick Worser, the CEO of $12 trillion, Charles Schwab, said 96 00:05:18,080 --> 00:05:20,160 that they're going to begin allowing their investors to buy 97 00:05:20,160 --> 00:05:23,200 Bitcoin in Ethereum starting in January of 2026. 98 00:05:23,280 --> 00:05:24,880 Bank of America said that they're going to begin 99 00:05:24,880 --> 00:05:28,600 recommending A1 to 4% allocation of Bitcoin in 2026 as well. 100 00:05:28,600 --> 00:05:32,240 And this is the comment from the CEO of Fidelity, a $6 trillion 101 00:05:32,240 --> 00:05:34,440 asset manager. She says that she kind of likes 102 00:05:34,440 --> 00:05:35,400 Bitcoin. Kind of like. 103 00:05:35,440 --> 00:05:43,640 Bitcoin I, I don't own tons of coins, but I own Bitcoin and I 104 00:05:43,640 --> 00:05:50,360 think it will continue to play a role in the savings hierarchy of 105 00:05:50,360 --> 00:05:57,920 lots of people. And it's, it is the gold 106 00:05:57,920 --> 00:06:03,320 standard, so to speak, you know, in the crypto world and it's 107 00:06:03,320 --> 00:06:09,040 been around and it's solid and it's persisted and it's a it's a 108 00:06:09,040 --> 00:06:13,400 good system. So I'm long term very 109 00:06:13,400 --> 00:06:17,120 comfortable and I think that that will continue to be 110 00:06:17,120 --> 00:06:21,480 something that we will factor into our thinking and our quest 111 00:06:21,480 --> 00:06:25,320 to provide options for our customers. 112 00:06:25,360 --> 00:06:27,240 And but then you'll look at the price and then you'll say, 113 00:06:27,320 --> 00:06:28,840 Dante, all of these things are true. 114 00:06:28,840 --> 00:06:31,160 Then why is Bitcoin flat in 2025? 115 00:06:31,240 --> 00:06:33,640 It's not a store of value relative to gold, with it being 116 00:06:33,640 --> 00:06:36,640 down a few percent this year and gold being up 50 to 60%. 117 00:06:36,640 --> 00:06:38,920 Is it just a speculative asset with no utility? 118 00:06:39,000 --> 00:06:42,600 Bitcoin this year is down 10%. Gold is up 50 or 60%. 119 00:06:42,600 --> 00:06:45,080 I hope we can dispel the myth, right? 120 00:06:45,080 --> 00:06:47,800 1 is a risk asset and one is not, right? 121 00:06:47,800 --> 00:06:49,840 And so it doesn't mean that you shouldn't own Bitcoin. 122 00:06:49,840 --> 00:06:53,080 I own some Bitcoin and I might might be buying a little bit 123 00:06:53,080 --> 00:06:55,280 more, you know, as it as it comes down. 124 00:06:55,440 --> 00:06:59,280 But it is a speculative asset that over time we'll have more 125 00:06:59,280 --> 00:07:01,840 and more utility. But we have to be honest with 126 00:07:01,840 --> 00:07:04,800 what it is today, OK? Let me give you the real we've 127 00:07:04,800 --> 00:07:07,240 seen this before. Here's the famous clip from 128 00:07:07,240 --> 00:07:11,000 Steve Ballmer, the president and CEO of Microsoft, saying that 129 00:07:11,000 --> 00:07:14,560 the iPhone will never work, it's just a toy, laughing out loud at 130 00:07:14,560 --> 00:07:17,920 $500 iPhones. Yet while today we spend 1600 131 00:07:17,920 --> 00:07:20,560 two, $1000 on this device that we can't put down. 132 00:07:20,640 --> 00:07:23,840 Steve, let me ask you about the iPhone and the Zune. 133 00:07:23,840 --> 00:07:26,840 If, if I may, the Zune was getting some traction. 134 00:07:26,840 --> 00:07:30,760 Then Steve Jobs goes to Macworld and he he pulls out this iPhone. 135 00:07:30,960 --> 00:07:35,880 What was your first reaction when you saw that $500 fully 136 00:07:35,880 --> 00:07:38,720 subsidized with the plan? I said that is the most 137 00:07:38,720 --> 00:07:42,000 expensive phone in the world and it doesn't appeal to business 138 00:07:42,000 --> 00:07:44,840 customers because it doesn't have a keyboard, which makes it 139 00:07:44,840 --> 00:07:47,920 not a very good e-mail machine. What about Blockbuster being 140 00:07:47,920 --> 00:07:50,640 able to buy Netflix for $50 million and then laughing them 141 00:07:50,640 --> 00:07:52,880 out of the room saying that streaming will never happen? 142 00:07:52,880 --> 00:07:56,200 What about Newsweek saying that no online database is ever going 143 00:07:56,200 --> 00:07:58,760 to replace your daily newspaper? They were actually right that 144 00:07:58,760 --> 00:08:01,040 they said no computer network will change how the government 145 00:08:01,040 --> 00:08:03,480 works, and that is true today. History has taught us what 146 00:08:03,480 --> 00:08:05,040 people say about new innovations. 147 00:08:05,040 --> 00:08:08,600 They're scams, they're frauds, they're speculative assets until 148 00:08:08,600 --> 00:08:10,480 they aren't, until they take over the world. 149 00:08:10,480 --> 00:08:12,680 We're seeing an asset that's here to stay and it's 150 00:08:12,680 --> 00:08:15,360 fundamentally going to change the world as we move forward 151 00:08:15,360 --> 00:08:17,920 into this new digital era. We're in between this stage 152 00:08:17,920 --> 00:08:20,600 where people think it's a fad or a fraud and some people think 153 00:08:20,600 --> 00:08:22,880 it's an invention that's going to change the world and I 154 00:08:22,880 --> 00:08:25,440 believe that it's the latter. We'll get right to that after we 155 00:08:25,440 --> 00:08:27,400 thank our sponsors. Lenin has been the leader in 156 00:08:27,400 --> 00:08:31,280 Bitcoin back loan since 2018, issuing over $9 billion worth of 157 00:08:31,280 --> 00:08:33,640 loans to 10s of thousands of customers across the world. 158 00:08:33,640 --> 00:08:35,159 They understand one fundamental thing. 159 00:08:35,200 --> 00:08:38,080 You never sell your Bitcoin and they allow you to do just that. 160 00:08:38,080 --> 00:08:40,679 Don't sell your Bitcoin, but borrow against it with a no 161 00:08:40,679 --> 00:08:43,240 credit check loan starting at just 12.4%. 162 00:08:43,240 --> 00:08:46,560 Keep your sovereignty and borrow in cut bugs or Fiat. 163 00:08:46,600 --> 00:08:49,720 The dollars can be in your account in less than 24 hours 164 00:08:49,720 --> 00:08:51,320 and the application takes just two minutes. 165 00:08:51,360 --> 00:08:54,440 Go to learn dot LED and dot AO slash simply to get started, and 166 00:08:54,440 --> 00:08:56,600 I want to thank the Bitcoin way the leaders in helping you to 167 00:08:56,600 --> 00:08:58,760 protect your generational wealth the right way. 168 00:08:58,760 --> 00:09:01,000 They will have a member of your team walk you through step by 169 00:09:01,000 --> 00:09:04,720 step why Bitcoin is Revolution asset, why you can hold 12 words 170 00:09:04,720 --> 00:09:06,960 in your head and be sovereign anywhere in the world, and how 171 00:09:06,960 --> 00:09:08,960 you can do this privately, safely and securely. 172 00:09:08,960 --> 00:09:11,120 Schedule a free 30 minute consultation with their team at 173 00:09:11,120 --> 00:09:13,280 the bitcoinway.com/simply Bitcoin. 174 00:09:13,360 --> 00:09:16,360 Back to the show, if we. Open the borders tomorrow and 175 00:09:16,360 --> 00:09:19,640 gave everyone one day around the planet to come to America. 176 00:09:19,920 --> 00:09:22,440 We'd have a line of seven and a half billion people to come in. 177 00:09:22,480 --> 00:09:24,720 And the second he said it, I completely agree. 178 00:09:25,360 --> 00:09:27,680 Whatever people's views on immigration are, people want to 179 00:09:27,680 --> 00:09:29,720 come here and they want to come here for a reason. 180 00:09:30,080 --> 00:09:32,440 And if you've lived overseas like I have in Brazil, it 181 00:09:32,440 --> 00:09:35,880 resonated with me. I think that is the way people 182 00:09:35,880 --> 00:09:40,520 think of Bitcoin to a degree, is the way we as Americans remember 183 00:09:40,520 --> 00:09:43,040 America as this place of freedom, this place to go where 184 00:09:43,040 --> 00:09:47,240 the government literally is not on top of you the way it was in 185 00:09:47,240 --> 00:09:49,600 my country. So Bitcoin is still going to be 186 00:09:49,600 --> 00:09:52,200 a place that people are going to go into, and I still think that 187 00:09:52,200 --> 00:09:55,560 7 1/2 billion people on the planet will eventually be 188 00:09:55,560 --> 00:09:58,960 putting money in at a fast pace. Stable coins to me, are going to 189 00:09:58,960 --> 00:10:02,160 accelerate that move in a very, very big way. 190 00:10:02,320 --> 00:10:04,760 And that's why I believe in the network effects for Bitcoin 191 00:10:04,760 --> 00:10:07,560 right now as the same thing that happened in the network effects 192 00:10:07,560 --> 00:10:11,480 for all the platform stocks that have become major parts of all 193 00:10:11,480 --> 00:10:14,080 of our portfolios if we own the S&P 500, I believe. 194 00:10:14,080 --> 00:10:16,880 That this is true. I believe that 7 1/2 billion 195 00:10:16,880 --> 00:10:19,920 people across the world believe that Bitcoin isn't a fad, it's a 196 00:10:19,920 --> 00:10:22,880 life raft against their debasing currency that's getting debased 197 00:10:22,880 --> 00:10:26,040 faster than the US dollar. Government regimes that take and 198 00:10:26,040 --> 00:10:28,840 confiscate assets whenever and however that they like. 199 00:10:29,120 --> 00:10:32,280 As we move into a world where everybody's going to have USDT 200 00:10:32,480 --> 00:10:36,360 or stablecoins or USDC on their phone, they're going to want a 201 00:10:36,360 --> 00:10:38,560 place to store that. And that's not going to be at a 202 00:10:38,560 --> 00:10:40,760 traditional bank. That's going to be in the 203 00:10:40,760 --> 00:10:44,000 Bitcoin investment vehicle right within their digital wallet. 204 00:10:44,000 --> 00:10:47,520 They're going to store their value over time, not in a gold 205 00:10:47,520 --> 00:10:50,320 bar that you can't actually verify, like Peter Schiff, but 206 00:10:50,320 --> 00:10:53,800 in Bitcoin, this revolutionary asset that provides access 207 00:10:53,800 --> 00:10:57,400 freedom in the American dream to 7 1/2 billion people across the 208 00:10:57,400 --> 00:10:58,840 globe. It's not a fad. 209 00:10:58,960 --> 00:11:01,880 This is something that's here to stay and it's not going to 0. 210 00:11:02,120 --> 00:11:03,840 So you might as well get that out of your head. 211 00:11:03,880 --> 00:11:05,840 But the question is, are you going to be one of the people 212 00:11:05,840 --> 00:11:08,800 that called the Internet a fad or Amazon a bomb or a fail? 213 00:11:08,800 --> 00:11:10,960 Or are you going to be be one of the people that are on the right 214 00:11:10,960 --> 00:11:12,920 side of history? Then understand where money is 215 00:11:12,920 --> 00:11:15,240 going, where the arrows of progress are going and 216 00:11:15,240 --> 00:11:17,520 understanding that we're not going backwards to a Fiat 217 00:11:17,520 --> 00:11:19,240 standard. I don't know what do you think 218 00:11:19,240 --> 00:11:21,320 in the comments? One of the ways you can continue 219 00:11:21,320 --> 00:11:24,040 to be sovereign is by stacking sats while you sleep 220 00:11:24,280 --> 00:11:26,920 continuously around the clock. If you have extra cash or 221 00:11:26,920 --> 00:11:30,480 assets, buy a state-of-the-art mining rig that's going to be 222 00:11:30,480 --> 00:11:34,480 mining Bitcoin 24/7 with renewable carbon free energy. 223 00:11:34,760 --> 00:11:36,280 And you don't have to do this yourself. 224 00:11:36,520 --> 00:11:39,160 You can hire someone like SAS Mining to do it for you. 225 00:11:39,280 --> 00:11:41,480 They have no middle men, no markups, and make it stupid 226 00:11:41,480 --> 00:11:44,200 simple for people like you to invest into Bitcoin. 227 00:11:44,240 --> 00:11:46,800 Get started today by using the QR code on your screen. 228 00:11:46,840 --> 00:11:48,640 If you're a new investor, welcome. 229 00:11:48,760 --> 00:11:51,000 We're in this period where you don't know what to believe. 230 00:11:51,000 --> 00:11:53,560 But if you subscribe to channels like this, you'll get the signal 231 00:11:53,560 --> 00:11:56,520 overtime, and overtime, you'll probably be on the right side of 232 00:11:56,520 --> 00:11:57,960 history. This is down to Cook with 233 00:11:57,960 --> 00:11:59,480 Bitcoin. Simply happy stacking.