We're on the verge of the biggest Bitcoin supply shock in
history. Everyone knows that strategy is
buying billions in Bitcoin every week, but not a lot of people
know about Strive. Strive just became the first US
listed security to pay cash dividends Daily and everyday
people are beginning to wake up to the realization of the
benefits of digital credit. And it's not just everyday
retirees. Pension funds are starting to
add Bitcoin to their portfolios in droves.
But honestly, this isn't going to lead to the Bitcoin breakout.
There's an even bigger signal that'll tell us when Bitcoin's
ready to break out. You texted me a very interesting
idea. Usually we talk about Bitcoin
and you mentioned Dogecoin. But what I the data I love the
most is the data that I can attach a signal to.
Dogecoin. What signal can Dogecoin
possibly give us about a Bitcoin breakout?
What is the Wall Street Journal's latest article signal
about a Bitcoin rally? We're going to discuss how the
next bull market won't be fueled by treasury companies.
But actually the signal is going to come from the crypto Bros.
This is Dante Coke with Bitcoin. Simply let's go.
Something's coming to simply Bitcoin, and it's going to be
the biggest thing that we've ever dropped as a company.
We're not sharing everything just yet, but we wouldn't invite
a small select group of people into the behind the scenes of
what we're building. And we want to make sure that
you're a part of it. Join the launch list now.
The links in the description. A big bank that I, that I do
business with put out a, a preferred stock report and, and
they published all the preferreds and the, and the
average preferred stock in the United States and in our capital
market pay 6% and it's illiquid. You know, if you're strive and
you have a preferred stock that pays 12% and it's liquid, what's
that worth? Hello.
How much more would it be worth if it not only pays 12% but 13%
and not dividends every month but every day?
Strive SADA just became the first US listed security to pay
cash dividends daily. Look at this tweet from Mike
Alfred. He said his mom just got her
first dividend from the SADA product and was amazed at how
much that it paid out. What if it paid out more and it
did it more frequently? How many more retirees like her
would flock to digital credit? They don't even know that when
they're putting their dollars to work to get a dividend in Fiat
that they're buying more Bitcoin and issuing a supply shock.
The world calls everything that they don't understand a Ponzi
scheme, but it's actually really simple.
They're taking advantage of a dislocation in the preferred
stock and dividend market. Bitcoin is not only a 24/7
liquid instrument when the majority of preferred stocks are
backed by non liquid instruments.
And it's an asset that has a history and a track record of
appreciating more than the underlying assets of other
preferred stock vehicles. And this is what Strive and
MicroStrategy are doing with Stretch and Masada.
Neither of the companies will have any debt, as MicroStrategy
said they're buying back $1.5 billion of their convertible
debt. So this is a company that's
going to have $100 billion in Bitcoin assets on its balance
sheet, growing 1 to 2% a week through Stretch, and it's going
to have 0% debt. This is going to make the index
committees think long and hard about whether MicroStrategy or
MSTR should be a publicly listed company in the S&P 500.
It already passes every other qualification.
And when this happens, the education and awareness around
its products is going to explode.
This is the singularity that nobody saw coming.
But is MicroStrategy getting a little too full of themselves?
Are they missing the plot and thinking that Stretch itself is
the money? Howdy, you see that behind me?
Black gold. Now black gold on its own don't
do much. Oil companies refine it, turn it
into gasoline. Helps me work well.
Bitcoin is digital gold and strategy refines Bitcoin, turns
it into stretch. That's what powers my money.
Works for me. Stretch 11.5% annualized
dividend rate paid monthly listed on NASDAQ.
Bitcoin is the money, and one thing is clear, the money is so
broken. We need products that return
8910 percent just so that we can make it.
This is the reality and This is why every time Bitcoin doesn't
deliver on the time frame and time window of most retail
investors while they dump it. And every few months we get an
article like this one from the Wall Street Journal that says
that Bitcoin has failed, that Bitcoin O GS and investors are
flocking away from Bitcoin to other crypto projects.
In this example, they say is Z cash, which reminds them of
Bitcoin in its early days. And this is a bullish signal
every single time when Bitcoin doesn't deliver on the get rich
quick scheme that everyone is hoping that it does Well, you
see clips like these from crypto influencers, which is bullish.
Do you hold any crypto currently?
TDR. All just stables right now and you know what I like I got
out of all my Bitcoin. I took a loss.
I was buying a bunch as it came down to like 100,000 and as it
got into 90. Slamming it too, right?
Yeah, have you talked about the figures bro?
I put in close to like 1.5 mil. Like bro, like yeah.
A lot, but like, yes, I mean, obviously that's that's going to
hurt, you know, I'm going to lose 6 figures on it, but I
would rather take I would rather take that loss and allocate that
money elsewhere. I just.
I remember it's. Not saying bro.
This is a signal. This means that retail investors
are no longer invested in Bitcoin.
This is the signal and the noise.
The data I love the most is the data that I can attach signal
to. So, and this is the signal that
Jordy Visser saw that he said is going to be the thing that tells
us when the next Bitcoin boom comes.
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One of the things that we truly believe in this revolution is
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Bitcoin is actually money because it allows you to take
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Dash Cook to get started. I think a year from now people
will be looking at crypto in the same way.
They're not paying attention to it right now because it's not
moving. So this is where Dogecoin fill
fits in. Dogecoin to me has no
institutional sponsorship. It has zero associated with what
I'm doing. And that's why me not looking at
it's important. The reason I started looking at
it is technically it looks close to a breakout.
At the same time, Bitcoin up near the 200 day moving average
looks like a breakout. Etherium around 2400 to 2450 to
me would look like a breakout. But Dogecoin, to me, if it can
break out and actually run, that would mean that retail is
starting to get interested. We talked about how retail was
focused on AI. Well, guess what?
If I'm right about memory, that whole DRAM thing right now, it's
done. It's not that it won't be back
in a year or maybe 2 years, but it's already had a huge run.
Micron has outperformed every mag 7 dramatically since 2018,
dramatically. Forget the last year
dramatically. So I think we're at a point
where you have to watch things like Dogecoin, you have to watch
things like Bitcoin. If Bitcoin gets above that
82,000 level, it will have broken the 200 day moving
average. And I'll end it on this.
I said the most important thing was the regime shift.
This week we have negative real yields and I think they're only
going to get worse. And I don't think the Fed is
going to move rates. And I think earnings in the S&P
are still going to be good, which means there will be a
floor to the stock market. Even if we get a sell off, you
want to be in a position to buy things because I think they're
going to have to do something in rates.
And that's why rates moving higher is actually the best
thing for gold, for silver, for copper and for Bitcoin, because
the government will have to push rates back down.
And that's going to take some kind of debasement move that
they're going to have to do to keep these under control.
And I think that's a positive so.
I just want to make sure people understand they're going to hear
Jordy Dogecoin and now I'm going to freak out.
But what what you're saying is you almost don't care what the
underlying asset, the thesis, etcetera.
You're using Dogecoin as almost a retail index.
You're saying there's no institutional participation
here. And therefore, if there is
excitement in the quote UN quote retail index, which is just
happens to be named Dogecoin, then that is a signal that you
would use that retail excitement is coming back to crypto more
generally, Bitcoin, etcetera. And so really you're almost
using it as like an alarm system because it is the most pureplay
non institutional asset that has size liquidity in crypto.
I don't even need to say anything else, you just
described it exactly the way I'm using it.
All right, what does this mean for Bitcoin?
Well, DOGE is the retail proxy. There's no institutional
investors in DOGE. And So what we can look at right
here is that there is an institutional floor with
Bitcoin, with companies like Strive and MicroStrategy buying
Bitcoin every single day and week right now up to billions of
dollars worth of Bitcoin every single week through those
products. We know that there's an always
on ready demand buyer for Bitcoin, but it's retail who
actually drives up the bid price when Bitcoin runs and DOGE is a
proxy for that. And what these different
products, the Kaushi's, the prediction markets, what they
tell us is that the world wants and needs to gamble.
Why is every commercial break in every playoff basketball game
you watch about DraftKings? It's because people need to take
moon shots in order to feel like they're getting ahead.
A salary is no longer enough. Even the politicians know and
understand that you need more than your salary just to get
ahead. And that's why they still
advocate that they can do insider trading.
Come on man, it's what we need to survive.
Well, look, you know, the, the salary of Congress has been
frozen since 2009. You know, when you adjust for
inflation, a member of Congress today is make it 31% less than
they made in that year. It goes down every year and and
over time, if you stay on this trajectory, you're you're going
to have less qualified people who are willing to make the
extreme sacrifice to run for Congress.
And it's just people just make a reasonable decision as a family
on whether or not they can come and and move to Washington, have
a residence here, residence at home and do all the things that
are required. So the the counter argument is,
and I have some sympathy. Look, at least let them like
engage in some stock trading so that they can continue to, you
know, take care of their family. Warren Buffett has a fix for
this. It's called accountability.
If every single year our deficit was more than 3% of GDP, well,
then everybody would be fired. That would solve the problem
immediately. I.
Get in the deficit in 5 minutes. You just pass a law that says
that anytime there's a deficit of more than 3% of GDP, all
sitting members of Congress are ineligible for re election.
Yeah, now you've got the incentives in the right place,
right? So it's capable of being done
and they're trying to use the incentive now that.
But it wouldn't actually solve the root problem, because the
root problem is the Fed. Before the Fed, there was market
crashes and booms. There are fires, there's ice,
there's rain, there's storms, there's sunshine.
It's called seasonality. It's built into the world.
We have four of them every single year, and no one
questions why it's hot one part of the year and cold another
part of the year, why things go up and why things go down.
But as soon as we started to create a steady state, have
everything be fixed, no volatility, well, that's when we
created the problems. And the problem was the Fed, the
Fed intervening. Anyone who studied history knows
it for the 1st 150 years of this country the federal government
did not intervene when the economy turned down and all that
time the downturns all corrected themselves.
One of the one of the one of the most classic examples was on the
Warren G Harding. When he his first year in
office, he found the unemployment rate at 11.7%.
He did absolutely nothing and he did not spend more government
money. He cut back government spending.
The Federal Reserve had the interest rates up at 6 or 7%,
not down at 1% where they are now.
The next year unemployment was at 6.7%.
The year after that it was 2.4%. So the economy has recuperative
powers. The system would naturally
correct itself. Whenever there's too much brush,
well, there's a forest fire and it clears it out and there's
fresh soil for new plants to grow from.
The same thing is true with the economy.
When there's over leverage, there's too much exuberance.
There's people gambling and doing things that they shouldn't
do while they get wiped out. But there's more investors that
can step in and buy these things.
But when you try to eliminate all of the downside, all of the
risk, the too big to fail, the too big to fail banks, well, you
create a system that continues to need to be propped up in
order to function at a normal capacity.
And that's why everyone needs to invest all the time.
They need to invest in products and find the next thing to
invest into. And So what I'm telling you,
what we've been telling you on this show is that Bitcoin is the
best area to invest. Let me share with you a clip
from Larry Fink, the manager of the largest investment trust in
the world at BlackRock. He manages over $13 trillion
worth of assets. Here's where he says that you
need to invest. The United States is short
power. We're short compute.
We're short chips and they're going to be shortages in all
three and memory 4 things. I actually believe a new asset
class will be buying futures of compute.
We just don't have enough compute power right now.
He's talking about AI, scarcity, compute derivatives being built
on future compute. He's talking about
infrastructure. There's no greater way to invest
into AI, scarcity, compute and future infrastructure than
Bitcoin. It ticks all of those boxes and
it has the geopolitical upside behind it that when there's
chaos, that when there's disruption in the governmental
and political sphere, Bitcoin is going to be a hedge, Bitcoins
going to be a hedge against inflation.
Bitcoin already has institutional buyers that are
buying billions of dollars of bitcoins.
So the floor is in. We're just waiting for retail to
come in for that FOMO to kick in.
So when you see those run up, you know it's about to be party
time, baby. One of the ways that you can
invest into AI, scarcity compute and infrastructure is by working
with a company like SAS Mining. They allow you to buy a Bitcoin
miner, which checks all of the boxes that Larry Fink just talks
about. Except the beautiful thing is
you don't have to manage it. They have the machines, they
repair them, they send SAT straight to your wallet.
You invest in the decentralization of the Bitcoin
network and you become more sovereign in the process.
Use the QR code to get started. And if you haven't already done
so, subscribe to the channel. We dropped fire like this seven
days a week. Happy Sunday and happy stacking.
Who do you have for game 7:00 tonight?