1 00:00:00,160 --> 00:00:02,720 We're on the verge of the biggest Bitcoin supply shock in 2 00:00:02,720 --> 00:00:04,840 history. Everyone knows that strategy is 3 00:00:04,840 --> 00:00:07,840 buying billions in Bitcoin every week, but not a lot of people 4 00:00:07,840 --> 00:00:13,800 know about Strive. Strive just became the first US 5 00:00:13,800 --> 00:00:17,520 listed security to pay cash dividends Daily and everyday 6 00:00:17,520 --> 00:00:20,240 people are beginning to wake up to the realization of the 7 00:00:20,240 --> 00:00:23,120 benefits of digital credit. And it's not just everyday 8 00:00:23,120 --> 00:00:25,320 retirees. Pension funds are starting to 9 00:00:25,320 --> 00:00:27,800 add Bitcoin to their portfolios in droves. 10 00:00:28,000 --> 00:00:31,120 But honestly, this isn't going to lead to the Bitcoin breakout. 11 00:00:31,320 --> 00:00:34,120 There's an even bigger signal that'll tell us when Bitcoin's 12 00:00:34,120 --> 00:00:36,920 ready to break out. You texted me a very interesting 13 00:00:37,240 --> 00:00:38,920 idea. Usually we talk about Bitcoin 14 00:00:39,520 --> 00:00:42,400 and you mentioned Dogecoin. But what I the data I love the 15 00:00:42,400 --> 00:00:47,600 most is the data that I can attach a signal to. 16 00:00:47,960 --> 00:00:50,400 Dogecoin. What signal can Dogecoin 17 00:00:50,400 --> 00:00:52,240 possibly give us about a Bitcoin breakout? 18 00:00:52,440 --> 00:00:54,720 What is the Wall Street Journal's latest article signal 19 00:00:54,720 --> 00:00:57,040 about a Bitcoin rally? We're going to discuss how the 20 00:00:57,040 --> 00:00:59,880 next bull market won't be fueled by treasury companies. 21 00:01:00,080 --> 00:01:03,080 But actually the signal is going to come from the crypto Bros. 22 00:01:03,160 --> 00:01:05,800 This is Dante Coke with Bitcoin. Simply let's go. 23 00:01:09,960 --> 00:01:12,560 Something's coming to simply Bitcoin, and it's going to be 24 00:01:12,560 --> 00:01:14,520 the biggest thing that we've ever dropped as a company. 25 00:01:14,680 --> 00:01:17,400 We're not sharing everything just yet, but we wouldn't invite 26 00:01:17,400 --> 00:01:20,760 a small select group of people into the behind the scenes of 27 00:01:20,760 --> 00:01:22,640 what we're building. And we want to make sure that 28 00:01:22,640 --> 00:01:24,880 you're a part of it. Join the launch list now. 29 00:01:25,320 --> 00:01:29,280 The links in the description. A big bank that I, that I do 30 00:01:29,280 --> 00:01:34,480 business with put out a, a preferred stock report and, and 31 00:01:34,480 --> 00:01:37,000 they published all the preferreds and the, and the 32 00:01:37,000 --> 00:01:40,280 average preferred stock in the United States and in our capital 33 00:01:40,280 --> 00:01:47,720 market pay 6% and it's illiquid. You know, if you're strive and 34 00:01:47,720 --> 00:01:50,840 you have a preferred stock that pays 12% and it's liquid, what's 35 00:01:50,840 --> 00:01:52,120 that worth? Hello. 36 00:01:52,840 --> 00:01:56,560 How much more would it be worth if it not only pays 12% but 13% 37 00:01:56,680 --> 00:01:59,480 and not dividends every month but every day? 38 00:01:59,640 --> 00:02:02,760 Strive SADA just became the first US listed security to pay 39 00:02:02,760 --> 00:02:04,920 cash dividends daily. Look at this tweet from Mike 40 00:02:04,920 --> 00:02:06,560 Alfred. He said his mom just got her 41 00:02:06,560 --> 00:02:10,000 first dividend from the SADA product and was amazed at how 42 00:02:10,000 --> 00:02:12,440 much that it paid out. What if it paid out more and it 43 00:02:12,440 --> 00:02:15,440 did it more frequently? How many more retirees like her 44 00:02:15,440 --> 00:02:18,480 would flock to digital credit? They don't even know that when 45 00:02:18,480 --> 00:02:21,800 they're putting their dollars to work to get a dividend in Fiat 46 00:02:22,360 --> 00:02:25,240 that they're buying more Bitcoin and issuing a supply shock. 47 00:02:25,440 --> 00:02:27,920 The world calls everything that they don't understand a Ponzi 48 00:02:27,920 --> 00:02:30,160 scheme, but it's actually really simple. 49 00:02:30,160 --> 00:02:32,760 They're taking advantage of a dislocation in the preferred 50 00:02:32,760 --> 00:02:36,320 stock and dividend market. Bitcoin is not only a 24/7 51 00:02:36,320 --> 00:02:39,800 liquid instrument when the majority of preferred stocks are 52 00:02:39,880 --> 00:02:41,960 backed by non liquid instruments. 53 00:02:42,080 --> 00:02:44,720 And it's an asset that has a history and a track record of 54 00:02:44,720 --> 00:02:47,680 appreciating more than the underlying assets of other 55 00:02:47,680 --> 00:02:50,520 preferred stock vehicles. And this is what Strive and 56 00:02:50,520 --> 00:02:53,160 MicroStrategy are doing with Stretch and Masada. 57 00:02:53,360 --> 00:02:56,320 Neither of the companies will have any debt, as MicroStrategy 58 00:02:56,320 --> 00:02:59,320 said they're buying back $1.5 billion of their convertible 59 00:02:59,320 --> 00:03:01,080 debt. So this is a company that's 60 00:03:01,080 --> 00:03:04,280 going to have $100 billion in Bitcoin assets on its balance 61 00:03:04,280 --> 00:03:07,480 sheet, growing 1 to 2% a week through Stretch, and it's going 62 00:03:07,480 --> 00:03:10,600 to have 0% debt. This is going to make the index 63 00:03:10,600 --> 00:03:14,560 committees think long and hard about whether MicroStrategy or 64 00:03:14,560 --> 00:03:18,840 MSTR should be a publicly listed company in the S&P 500. 65 00:03:19,000 --> 00:03:21,080 It already passes every other qualification. 66 00:03:21,240 --> 00:03:23,880 And when this happens, the education and awareness around 67 00:03:23,880 --> 00:03:25,520 its products is going to explode. 68 00:03:25,640 --> 00:03:27,920 This is the singularity that nobody saw coming. 69 00:03:28,160 --> 00:03:32,520 But is MicroStrategy getting a little too full of themselves? 70 00:03:32,720 --> 00:03:35,600 Are they missing the plot and thinking that Stretch itself is 71 00:03:35,600 --> 00:03:41,000 the money? Howdy, you see that behind me? 72 00:03:42,520 --> 00:03:45,560 Black gold. Now black gold on its own don't 73 00:03:45,560 --> 00:03:48,680 do much. Oil companies refine it, turn it 74 00:03:48,680 --> 00:03:51,480 into gasoline. Helps me work well. 75 00:03:51,840 --> 00:03:56,080 Bitcoin is digital gold and strategy refines Bitcoin, turns 76 00:03:56,080 --> 00:03:59,360 it into stretch. That's what powers my money. 77 00:04:00,200 --> 00:04:06,240 Works for me. Stretch 11.5% annualized 78 00:04:06,240 --> 00:04:09,040 dividend rate paid monthly listed on NASDAQ. 79 00:04:09,320 --> 00:04:12,560 Bitcoin is the money, and one thing is clear, the money is so 80 00:04:12,560 --> 00:04:14,400 broken. We need products that return 81 00:04:14,400 --> 00:04:17,600 8910 percent just so that we can make it. 82 00:04:17,760 --> 00:04:21,079 This is the reality and This is why every time Bitcoin doesn't 83 00:04:21,079 --> 00:04:24,000 deliver on the time frame and time window of most retail 84 00:04:24,000 --> 00:04:27,120 investors while they dump it. And every few months we get an 85 00:04:27,120 --> 00:04:30,520 article like this one from the Wall Street Journal that says 86 00:04:30,520 --> 00:04:33,720 that Bitcoin has failed, that Bitcoin O GS and investors are 87 00:04:33,720 --> 00:04:36,640 flocking away from Bitcoin to other crypto projects. 88 00:04:36,880 --> 00:04:40,480 In this example, they say is Z cash, which reminds them of 89 00:04:40,480 --> 00:04:43,920 Bitcoin in its early days. And this is a bullish signal 90 00:04:44,240 --> 00:04:47,200 every single time when Bitcoin doesn't deliver on the get rich 91 00:04:47,200 --> 00:04:50,480 quick scheme that everyone is hoping that it does Well, you 92 00:04:50,480 --> 00:04:53,800 see clips like these from crypto influencers, which is bullish. 93 00:04:53,880 --> 00:04:55,040 Do you hold any crypto currently? 94 00:04:55,040 --> 00:05:01,800 TDR. All just stables right now and you know what I like I got 95 00:05:01,800 --> 00:05:03,680 out of all my Bitcoin. I took a loss. 96 00:05:04,240 --> 00:05:10,480 I was buying a bunch as it came down to like 100,000 and as it 97 00:05:10,480 --> 00:05:13,120 got into 90. Slamming it too, right? 98 00:05:13,480 --> 00:05:15,800 Yeah, have you talked about the figures bro? 99 00:05:15,800 --> 00:05:24,200 I put in close to like 1.5 mil. Like bro, like yeah. 100 00:05:25,720 --> 00:05:32,520 A lot, but like, yes, I mean, obviously that's that's going to 101 00:05:32,520 --> 00:05:35,760 hurt, you know, I'm going to lose 6 figures on it, but I 102 00:05:35,800 --> 00:05:40,560 would rather take I would rather take that loss and allocate that 103 00:05:40,560 --> 00:05:43,120 money elsewhere. I just. 104 00:05:44,240 --> 00:05:47,720 I remember it's. Not saying bro. 105 00:05:47,920 --> 00:05:50,920 This is a signal. This means that retail investors 106 00:05:50,920 --> 00:05:52,760 are no longer invested in Bitcoin. 107 00:05:52,920 --> 00:05:54,600 This is the signal and the noise. 108 00:05:54,720 --> 00:06:00,480 The data I love the most is the data that I can attach signal 109 00:06:00,480 --> 00:06:03,360 to. So, and this is the signal that 110 00:06:03,360 --> 00:06:07,240 Jordy Visser saw that he said is going to be the thing that tells 111 00:06:07,240 --> 00:06:09,000 us when the next Bitcoin boom comes. 112 00:06:09,280 --> 00:06:11,520 But before we get there, let's thank our sponsors. 113 00:06:11,680 --> 00:06:14,960 Lenin has been the leader in Bitcoin back alone since 2018. 114 00:06:15,200 --> 00:06:18,200 They allow you, if you've been stacking Bitcoin, to not sell 115 00:06:18,200 --> 00:06:21,200 your Bitcoin and to not get any capital gains for borrowing 116 00:06:21,200 --> 00:06:23,840 against your Bitcoin. You can borrow the 50% of the 117 00:06:23,840 --> 00:06:27,160 value of your Bitcoin stack that won't be relent out re 118 00:06:27,160 --> 00:06:29,520 hypothecated. It just sits in their dashboard 119 00:06:29,520 --> 00:06:33,320 and cold storage and you can repay it at any time at rates 120 00:06:33,320 --> 00:06:35,600 that are about half of what you can with a credit card. 121 00:06:35,920 --> 00:06:39,320 Oh, and there's no credit check. It's just do you have the 122 00:06:39,320 --> 00:06:41,200 collateral? The collateral's Bitcoin. 123 00:06:41,200 --> 00:06:43,800 That's pretty good. All right, we'll give you a loan 124 00:06:43,800 --> 00:06:46,240 and Fiat into your account in less than six hours. 125 00:06:46,360 --> 00:06:48,360 The process is simple, fluid and easy. 126 00:06:48,760 --> 00:06:51,320 Go to learn dot Lennon dot AO slash simply to get started. 127 00:06:51,560 --> 00:06:54,200 One of the things that we truly believe in this revolution is 128 00:06:54,200 --> 00:06:57,080 not buying derivatives and things on top of Bitcoin. 129 00:06:57,280 --> 00:06:59,760 Bitcoin is actually money because it allows you to take 130 00:06:59,760 --> 00:07:02,240 sovereignty over that money. There's no bank, there's no 131 00:07:02,240 --> 00:07:05,320 middle person, there's no third party to says that you can't 132 00:07:05,320 --> 00:07:08,680 store and have value in your money, but you can only truly 133 00:07:08,680 --> 00:07:11,040 have confidence in that if you hold the keys. 134 00:07:11,200 --> 00:07:13,160 And that's why we partner with the Bitcoin Way. 135 00:07:13,800 --> 00:07:16,520 Members of their team help people who watch this show and 136 00:07:16,520 --> 00:07:19,240 this team set up their sovereignty and their privacy. 137 00:07:19,440 --> 00:07:22,760 Even if you don't think that you need it now, sort of like an 138 00:07:22,760 --> 00:07:25,480 umbrella, it's better to have it and not need it than need it and 139 00:07:25,480 --> 00:07:27,560 not have it. Schedule a free 30 minute 140 00:07:27,560 --> 00:07:30,040 meeting with their team and they'll talk you through exactly 141 00:07:30,040 --> 00:07:33,160 why you should run a Bitcoin node, why you should learn how 142 00:07:33,160 --> 00:07:36,280 to send a private transaction, why you should manage your own 143 00:07:36,280 --> 00:07:38,520 Bitcoin keys and not have a third party do it. 144 00:07:38,560 --> 00:07:41,360 Go to thebitcoinway.com/partner/dante 145 00:07:41,360 --> 00:07:44,240 Dash Cook to get started. I think a year from now people 146 00:07:44,240 --> 00:07:46,120 will be looking at crypto in the same way. 147 00:07:46,400 --> 00:07:49,080 They're not paying attention to it right now because it's not 148 00:07:49,080 --> 00:07:50,920 moving. So this is where Dogecoin fill 149 00:07:50,920 --> 00:07:53,440 fits in. Dogecoin to me has no 150 00:07:53,440 --> 00:07:58,360 institutional sponsorship. It has zero associated with what 151 00:07:58,360 --> 00:08:00,440 I'm doing. And that's why me not looking at 152 00:08:00,440 --> 00:08:02,520 it's important. The reason I started looking at 153 00:08:02,520 --> 00:08:06,240 it is technically it looks close to a breakout. 154 00:08:06,360 --> 00:08:09,960 At the same time, Bitcoin up near the 200 day moving average 155 00:08:10,000 --> 00:08:14,560 looks like a breakout. Etherium around 2400 to 2450 to 156 00:08:14,560 --> 00:08:17,800 me would look like a breakout. But Dogecoin, to me, if it can 157 00:08:17,800 --> 00:08:21,320 break out and actually run, that would mean that retail is 158 00:08:21,320 --> 00:08:23,720 starting to get interested. We talked about how retail was 159 00:08:23,720 --> 00:08:25,840 focused on AI. Well, guess what? 160 00:08:26,000 --> 00:08:29,840 If I'm right about memory, that whole DRAM thing right now, it's 161 00:08:29,840 --> 00:08:31,920 done. It's not that it won't be back 162 00:08:31,920 --> 00:08:35,320 in a year or maybe 2 years, but it's already had a huge run. 163 00:08:35,320 --> 00:08:40,320 Micron has outperformed every mag 7 dramatically since 2018, 164 00:08:40,320 --> 00:08:42,679 dramatically. Forget the last year 165 00:08:42,679 --> 00:08:44,880 dramatically. So I think we're at a point 166 00:08:44,880 --> 00:08:47,000 where you have to watch things like Dogecoin, you have to watch 167 00:08:47,000 --> 00:08:49,520 things like Bitcoin. If Bitcoin gets above that 168 00:08:49,520 --> 00:08:51,960 82,000 level, it will have broken the 200 day moving 169 00:08:51,960 --> 00:08:53,200 average. And I'll end it on this. 170 00:08:53,200 --> 00:08:55,680 I said the most important thing was the regime shift. 171 00:08:56,280 --> 00:08:59,840 This week we have negative real yields and I think they're only 172 00:08:59,840 --> 00:09:01,720 going to get worse. And I don't think the Fed is 173 00:09:01,720 --> 00:09:05,000 going to move rates. And I think earnings in the S&P 174 00:09:05,000 --> 00:09:06,880 are still going to be good, which means there will be a 175 00:09:06,880 --> 00:09:09,840 floor to the stock market. Even if we get a sell off, you 176 00:09:09,840 --> 00:09:12,560 want to be in a position to buy things because I think they're 177 00:09:12,560 --> 00:09:14,440 going to have to do something in rates. 178 00:09:14,440 --> 00:09:17,120 And that's why rates moving higher is actually the best 179 00:09:17,120 --> 00:09:21,120 thing for gold, for silver, for copper and for Bitcoin, because 180 00:09:21,240 --> 00:09:23,880 the government will have to push rates back down. 181 00:09:24,000 --> 00:09:26,520 And that's going to take some kind of debasement move that 182 00:09:26,520 --> 00:09:28,880 they're going to have to do to keep these under control. 183 00:09:28,880 --> 00:09:31,600 And I think that's a positive so. 184 00:09:31,960 --> 00:09:33,920 I just want to make sure people understand they're going to hear 185 00:09:33,920 --> 00:09:35,920 Jordy Dogecoin and now I'm going to freak out. 186 00:09:35,920 --> 00:09:39,080 But what what you're saying is you almost don't care what the 187 00:09:39,080 --> 00:09:41,640 underlying asset, the thesis, etcetera. 188 00:09:41,640 --> 00:09:45,800 You're using Dogecoin as almost a retail index. 189 00:09:45,800 --> 00:09:47,560 You're saying there's no institutional participation 190 00:09:47,560 --> 00:09:49,360 here. And therefore, if there is 191 00:09:49,360 --> 00:09:52,320 excitement in the quote UN quote retail index, which is just 192 00:09:52,320 --> 00:09:55,320 happens to be named Dogecoin, then that is a signal that you 193 00:09:55,320 --> 00:09:58,320 would use that retail excitement is coming back to crypto more 194 00:09:58,320 --> 00:10:01,080 generally, Bitcoin, etcetera. And so really you're almost 195 00:10:01,080 --> 00:10:05,000 using it as like an alarm system because it is the most pureplay 196 00:10:05,000 --> 00:10:08,960 non institutional asset that has size liquidity in crypto. 197 00:10:09,520 --> 00:10:11,400 I don't even need to say anything else, you just 198 00:10:11,400 --> 00:10:13,120 described it exactly the way I'm using it. 199 00:10:13,440 --> 00:10:15,680 All right, what does this mean for Bitcoin? 200 00:10:16,200 --> 00:10:20,440 Well, DOGE is the retail proxy. There's no institutional 201 00:10:20,440 --> 00:10:22,880 investors in DOGE. And So what we can look at right 202 00:10:22,880 --> 00:10:25,240 here is that there is an institutional floor with 203 00:10:25,240 --> 00:10:28,880 Bitcoin, with companies like Strive and MicroStrategy buying 204 00:10:28,880 --> 00:10:32,560 Bitcoin every single day and week right now up to billions of 205 00:10:32,560 --> 00:10:34,760 dollars worth of Bitcoin every single week through those 206 00:10:34,760 --> 00:10:36,760 products. We know that there's an always 207 00:10:36,760 --> 00:10:40,960 on ready demand buyer for Bitcoin, but it's retail who 208 00:10:40,960 --> 00:10:45,360 actually drives up the bid price when Bitcoin runs and DOGE is a 209 00:10:45,360 --> 00:10:47,120 proxy for that. And what these different 210 00:10:47,120 --> 00:10:50,800 products, the Kaushi's, the prediction markets, what they 211 00:10:50,800 --> 00:10:54,160 tell us is that the world wants and needs to gamble. 212 00:10:54,280 --> 00:10:57,200 Why is every commercial break in every playoff basketball game 213 00:10:57,200 --> 00:11:00,600 you watch about DraftKings? It's because people need to take 214 00:11:00,600 --> 00:11:02,760 moon shots in order to feel like they're getting ahead. 215 00:11:02,920 --> 00:11:06,280 A salary is no longer enough. Even the politicians know and 216 00:11:06,280 --> 00:11:09,760 understand that you need more than your salary just to get 217 00:11:09,760 --> 00:11:11,480 ahead. And that's why they still 218 00:11:11,480 --> 00:11:13,800 advocate that they can do insider trading. 219 00:11:14,240 --> 00:11:16,360 Come on man, it's what we need to survive. 220 00:11:16,920 --> 00:11:19,280 Well, look, you know, the, the salary of Congress has been 221 00:11:19,280 --> 00:11:23,000 frozen since 2009. You know, when you adjust for 222 00:11:23,000 --> 00:11:25,760 inflation, a member of Congress today is make it 31% less than 223 00:11:25,760 --> 00:11:28,960 they made in that year. It goes down every year and and 224 00:11:29,000 --> 00:11:32,640 over time, if you stay on this trajectory, you're you're going 225 00:11:32,640 --> 00:11:35,640 to have less qualified people who are willing to make the 226 00:11:35,640 --> 00:11:37,160 extreme sacrifice to run for Congress. 227 00:11:37,160 --> 00:11:39,880 And it's just people just make a reasonable decision as a family 228 00:11:40,320 --> 00:11:42,760 on whether or not they can come and and move to Washington, have 229 00:11:42,760 --> 00:11:44,800 a residence here, residence at home and do all the things that 230 00:11:44,800 --> 00:11:47,680 are required. So the the counter argument is, 231 00:11:47,680 --> 00:11:50,800 and I have some sympathy. Look, at least let them like 232 00:11:50,880 --> 00:11:55,400 engage in some stock trading so that they can continue to, you 233 00:11:55,400 --> 00:11:58,120 know, take care of their family. Warren Buffett has a fix for 234 00:11:58,120 --> 00:11:59,960 this. It's called accountability. 235 00:12:00,160 --> 00:12:04,160 If every single year our deficit was more than 3% of GDP, well, 236 00:12:04,160 --> 00:12:06,880 then everybody would be fired. That would solve the problem 237 00:12:06,880 --> 00:12:07,800 immediately. I. 238 00:12:07,800 --> 00:12:11,800 Get in the deficit in 5 minutes. You just pass a law that says 239 00:12:11,800 --> 00:12:15,440 that anytime there's a deficit of more than 3% of GDP, all 240 00:12:15,440 --> 00:12:17,960 sitting members of Congress are ineligible for re election. 241 00:12:18,240 --> 00:12:21,320 Yeah, now you've got the incentives in the right place, 242 00:12:21,320 --> 00:12:24,280 right? So it's capable of being done 243 00:12:24,720 --> 00:12:27,440 and they're trying to use the incentive now that. 244 00:12:27,560 --> 00:12:29,920 But it wouldn't actually solve the root problem, because the 245 00:12:29,920 --> 00:12:33,960 root problem is the Fed. Before the Fed, there was market 246 00:12:33,960 --> 00:12:36,800 crashes and booms. There are fires, there's ice, 247 00:12:36,800 --> 00:12:39,240 there's rain, there's storms, there's sunshine. 248 00:12:39,400 --> 00:12:42,040 It's called seasonality. It's built into the world. 249 00:12:42,200 --> 00:12:44,520 We have four of them every single year, and no one 250 00:12:44,520 --> 00:12:46,640 questions why it's hot one part of the year and cold another 251 00:12:46,640 --> 00:12:49,360 part of the year, why things go up and why things go down. 252 00:12:49,360 --> 00:12:53,240 But as soon as we started to create a steady state, have 253 00:12:53,280 --> 00:12:56,880 everything be fixed, no volatility, well, that's when we 254 00:12:56,880 --> 00:12:59,680 created the problems. And the problem was the Fed, the 255 00:12:59,680 --> 00:13:01,960 Fed intervening. Anyone who studied history knows 256 00:13:01,960 --> 00:13:06,440 it for the 1st 150 years of this country the federal government 257 00:13:06,440 --> 00:13:10,320 did not intervene when the economy turned down and all that 258 00:13:10,320 --> 00:13:12,960 time the downturns all corrected themselves. 259 00:13:13,200 --> 00:13:16,080 One of the one of the one of the most classic examples was on the 260 00:13:16,080 --> 00:13:19,120 Warren G Harding. When he his first year in 261 00:13:19,120 --> 00:13:22,520 office, he found the unemployment rate at 11.7%. 262 00:13:23,080 --> 00:13:26,720 He did absolutely nothing and he did not spend more government 263 00:13:26,720 --> 00:13:28,400 money. He cut back government spending. 264 00:13:29,840 --> 00:13:33,280 The Federal Reserve had the interest rates up at 6 or 7%, 265 00:13:33,480 --> 00:13:35,760 not down at 1% where they are now. 266 00:13:36,840 --> 00:13:39,640 The next year unemployment was at 6.7%. 267 00:13:39,920 --> 00:13:44,360 The year after that it was 2.4%. So the economy has recuperative 268 00:13:44,360 --> 00:13:46,280 powers. The system would naturally 269 00:13:46,280 --> 00:13:48,880 correct itself. Whenever there's too much brush, 270 00:13:49,440 --> 00:13:51,800 well, there's a forest fire and it clears it out and there's 271 00:13:51,800 --> 00:13:54,200 fresh soil for new plants to grow from. 272 00:13:54,840 --> 00:13:56,560 The same thing is true with the economy. 273 00:13:56,680 --> 00:13:59,360 When there's over leverage, there's too much exuberance. 274 00:13:59,480 --> 00:14:01,720 There's people gambling and doing things that they shouldn't 275 00:14:01,720 --> 00:14:04,800 do while they get wiped out. But there's more investors that 276 00:14:04,800 --> 00:14:06,440 can step in and buy these things. 277 00:14:06,560 --> 00:14:10,200 But when you try to eliminate all of the downside, all of the 278 00:14:10,200 --> 00:14:13,480 risk, the too big to fail, the too big to fail banks, well, you 279 00:14:13,480 --> 00:14:16,040 create a system that continues to need to be propped up in 280 00:14:16,040 --> 00:14:18,280 order to function at a normal capacity. 281 00:14:18,560 --> 00:14:21,320 And that's why everyone needs to invest all the time. 282 00:14:21,520 --> 00:14:23,840 They need to invest in products and find the next thing to 283 00:14:23,840 --> 00:14:26,400 invest into. And So what I'm telling you, 284 00:14:26,400 --> 00:14:29,240 what we've been telling you on this show is that Bitcoin is the 285 00:14:29,240 --> 00:14:32,120 best area to invest. Let me share with you a clip 286 00:14:32,120 --> 00:14:35,160 from Larry Fink, the manager of the largest investment trust in 287 00:14:35,160 --> 00:14:38,240 the world at BlackRock. He manages over $13 trillion 288 00:14:38,240 --> 00:14:40,120 worth of assets. Here's where he says that you 289 00:14:40,120 --> 00:14:42,560 need to invest. The United States is short 290 00:14:42,560 --> 00:14:45,120 power. We're short compute. 291 00:14:45,920 --> 00:14:49,200 We're short chips and they're going to be shortages in all 292 00:14:49,200 --> 00:14:55,240 three and memory 4 things. I actually believe a new asset 293 00:14:55,240 --> 00:14:57,400 class will be buying futures of compute. 294 00:14:58,440 --> 00:15:01,640 We just don't have enough compute power right now. 295 00:15:04,480 --> 00:15:08,920 He's talking about AI, scarcity, compute derivatives being built 296 00:15:08,920 --> 00:15:10,920 on future compute. He's talking about 297 00:15:10,920 --> 00:15:13,880 infrastructure. There's no greater way to invest 298 00:15:13,880 --> 00:15:17,520 into AI, scarcity, compute and future infrastructure than 299 00:15:17,520 --> 00:15:20,440 Bitcoin. It ticks all of those boxes and 300 00:15:20,440 --> 00:15:23,680 it has the geopolitical upside behind it that when there's 301 00:15:23,680 --> 00:15:26,320 chaos, that when there's disruption in the governmental 302 00:15:26,320 --> 00:15:30,240 and political sphere, Bitcoin is going to be a hedge, Bitcoins 303 00:15:30,240 --> 00:15:31,760 going to be a hedge against inflation. 304 00:15:31,880 --> 00:15:34,280 Bitcoin already has institutional buyers that are 305 00:15:34,280 --> 00:15:35,680 buying billions of dollars of bitcoins. 306 00:15:35,680 --> 00:15:38,040 So the floor is in. We're just waiting for retail to 307 00:15:38,040 --> 00:15:39,800 come in for that FOMO to kick in. 308 00:15:39,960 --> 00:15:42,960 So when you see those run up, you know it's about to be party 309 00:15:42,960 --> 00:15:44,680 time, baby. One of the ways that you can 310 00:15:44,680 --> 00:15:48,400 invest into AI, scarcity compute and infrastructure is by working 311 00:15:48,400 --> 00:15:51,160 with a company like SAS Mining. They allow you to buy a Bitcoin 312 00:15:51,160 --> 00:15:54,200 miner, which checks all of the boxes that Larry Fink just talks 313 00:15:54,200 --> 00:15:56,160 about. Except the beautiful thing is 314 00:15:56,240 --> 00:15:58,600 you don't have to manage it. They have the machines, they 315 00:15:58,600 --> 00:16:00,720 repair them, they send SAT straight to your wallet. 316 00:16:00,880 --> 00:16:03,080 You invest in the decentralization of the Bitcoin 317 00:16:03,080 --> 00:16:05,480 network and you become more sovereign in the process. 318 00:16:05,760 --> 00:16:08,560 Use the QR code to get started. And if you haven't already done 319 00:16:08,560 --> 00:16:12,000 so, subscribe to the channel. We dropped fire like this seven 320 00:16:12,000 --> 00:16:15,120 days a week. Happy Sunday and happy stacking. 321 00:16:15,160 --> 00:16:16,640 Who do you have for game 7:00 tonight?