0:00
Right now, the world looks like it's breaking down.
0:02
We've got a war in Iran, energy prices are skyrocketing, private credit starting to crack
0:06
in AI starting jobs. And the market is responding to Bitcoin in two ways.
0:11
Bitcoin is going to die. I don't mess with it.
0:13
You think Bitcoin is going to...
0:14
Oh, you touched nothing with crypto.
0:17
We've got a war in Iran. We've got a spike, at least for now, eight-day spike in energy prices.
0:24
We've got AI disruption concerns. We've got cracks in private credit and we have a weaker jobs
0:29
report. How do you invest right now?
0:32
The US government just proved it can shut an entire country out of the global financial system.
0:37
Scott Bessent lays out how the US started its war with Iran back in November of last year
0:42
and even caused their currency to collapse. So here's the real question.
0:46
If the dollar system can be weaponized, then what is money?
0:49
Because while people still argue about Bitcoin, the 20 millionth Bitcoin was just mined.
0:54
And companies like MicroStrategy are buying tens of thousands of Bitcoin at a time.
0:58
Today, I want to show you why the war in Iran, the cracks in the private market,
1:01
and the weaponization of the dollar might just be the best thing to ever happen to Bitcoin.
1:05
When the world finally understands Bitcoin and its true value,
1:09
there's going to be none left.
1:10
This is down to Coca-Bitcoin simply. Let's go.
1:17
This Bitcoin is a resilient asset that is really serving as global insurance.
1:20
And so anytime that there's chaos in the world, there's going to be people who run to Bitcoin.
1:24
Gold also serves as that use case, but I think that more and more people,
1:27
especially young people get a little bit older, they get a little bit more money.
1:29
They start to go and they buy Bitcoin in times of uncertainty.
1:32
And I think institutions also misunderstood that in the institutions, the young people 10 years ago,
1:38
they're now rising to the role of the portfolio manager or the CIO.
1:41
And so they also will start to continue to add Bitcoin into their portfolios as well.
1:44
And I think you see Bitcoin performing pretty well given what's happening right now.
1:47
When asked how he's positioning his portfolio amidst of all of this global chaos,
1:52
Trump's answer sounded simple by Bitcoin.
1:55
But the reason he's saying this is deeper than most people realize.
1:58
Here's why people are moving away from the traditional system.
2:02
President Trump gave the order for Treasury to exert a maximum pressure campaign on Iran.
2:09
I said it to speech at the Economic Club of New York in March that I predicted that the Iranian
2:16
currency would collapse that we would see the economy collapse thanks to this maximum pressure.
2:22
So we have been softening up the economy and preparing the ground for what our great warriors
2:30
are doing right now. So the Iranian economy was vulnerable.
2:35
We cut off the dollar supply into Iran. All their oil is sanctioned.
2:40
We've been able to keep the funds, many of the funds out of Iran.
2:46
One of the largest banks collapsed in December. The Central Bank was forced to print a huge amount
2:52
of money, inflation ensued, and people took to the streets. So there was an economic crash
2:59
in Iran in December. And now we have the opening to go in. And our military is taking over from
3:09
the sky and from the sea. This is probably the most mind-blowing clip I've seen in a long time.
3:14
The US has been coordinating an attack on Iran since late last year. The Treasury cut off Iran's
3:20
access to dollars, collapsing their currency, and freezing their capital markets altogether.
3:24
And there's people that still say that the dollar system is neutral. It's not. It's a weapon.
3:29
And once the world sees that, people are going to start asking the question, what happens if
3:33
I'm next? And the world is starting to see the signs of cracks are starting to show. And that's why
3:38
smart people are opting out of the system by not using the traditional banking system.
3:42
They're using companies like Leiden, which allow you to unlock liquidity in your Bitcoin without
3:47
selling your Bitcoin. Never sell your greatest asset. Barrow against it at rate starting at just
3:51
12.4% with no credit checks and the money gets in your account in less than six hours. It can be
3:56
repaid at any time and you don't have to rely on the global banking system. Go to learn.ledon.au,
4:02
slash simply to get started. Now, while all of this geopolitical tension is rising,
4:07
another problem is quietly forming. It's in the private credit markets. Some analysts
4:12
warn me that if private credit defaults approach 15%, that it's just going to be in the private
4:17
credit markets. Well, that's not true. If the private credit market crashes, the entire market is
4:22
likely to crash. Here's a clip from John Zito, the CEO of Apollo Asset Management, one of the
4:27
largest private credit players in the world. I think there's still a complete misunderstanding of
4:32
what that represents in the economy, meaning 8,000 private companies, broadly diversified. Obviously,
4:39
some asset managers more than others. But if the private credit market goes through, as UBS said,
4:45
a 15% default rate, the idea that the public high yield market, the public equity market,
4:51
all these public markets would be completely fine while the entire private debt market melts.
4:57
The likelihood of that is extremely, extremely low. It's been interesting to see how the public
5:03
markets will say that this will have a very big problem, but everything else will be fine.
5:08
Do you reject that type of assessment by Matt Mish over at UBS?
5:12
Listen, I think if you read the piece, it was a little bit taken out of context. I think it was
5:16
kind of his severe bear case. There's some probability that that can happen. Again,
5:23
anybody can go out and say that the tail looks like this, and it could. But to say that it will
5:29
only happen there and that we shouldn't be worried about all these other markets, when in fact we're
5:33
senior debt on all these other markets. Again, not really logic behind that, but for whatever reason,
5:41
it's definitely the story of the day. This is him responding to a hit piece written about him
5:46
about what happens if private credit is wiped out. Think about that for a second. There's trillions of
5:50
dollars affecting thousands of companies sitting outside of traditional banks. This is all
5:55
at a time with rising rates and slowing growth. When the credit breaks, there's only two options
5:59
and let free market capitalism play out or print money in paper over it. This is the path that
6:05
Bitcoin billionaire Arthur Hayes thinks that the central banks will take because historically,
6:09
they always do. The banks are bailed out by governments just like they always have been,
6:13
so the central bank has it twice. Do I allow this current destruction to happen in the free market
6:18
to operate and, you know, bad credits to be worth zero and clear or do I do like I've done every
6:24
single other crisis say, oh, the banking system's in trouble. There's all this debt that's worth zero
6:30
to keep the system knowing I will underwrite it by printing the money to cover the losses.
6:36
And that's how crypto goes up marketly because all that liquidity flows to the scarce assets.
6:41
Now, while all of this is happening, you can realize while the central bank is breaking
6:45
and they're printing money, that should be about the time when you start to remove your sovereignty
6:50
out of that system and take it for yourself. Work with a team at the Bitcoin way to set up your own
6:56
bank, your own private node with your own private keys. And don't be worried about being shut out
7:00
of the financial system like Scott Besson and the US Treasury did to Iran. Be sovereign. Get an
7:05
expert to help you learn how to do this the right way. Schedule a free 30 minute meeting with
7:09
the team at the bitcoinway.com slash down to it. Now, while all of this was happening,
7:13
something crazy happened in the Bitcoin network. The 20 million Bitcoin was mine. 95% of the entire
7:19
supply is out there. That means that the supply coming onto the market from now until when Bitcoin
7:24
completely almost stops and never completely stops is going to be really small and demand is rising.
7:30
Companies like micro strategy are buying almost 18,000 Bitcoin at a time for $1.28 billion.
7:36
They own over 738,000 Bitcoin or more than 3% of the total supply. And that's the thing.
7:42
When the world finally starts to understand Bitcoin, it's going to be too late and there's
7:46
going to be none left to buy. Now, not everybody sees it that way. Let's go back to the TAN's
7:51
power clip. Bitcoin is going to die. I don't I don't mess with it. You think Bitcoin is going to
7:55
Oh, you touch nothing with crypto. I don't touch it. I tell me why you think it's going to. Well,
7:59
I just got a call from somebody a couple days ago and said, Hey, if you got 25 million,
8:05
you know, you can make 75,000. I just want to put it inside of an account to do some stuff.
8:10
And this is a friend of mine. And I was like, do you realize that that Bitcoin is still based on
8:15
Fiat and still and and because the dollar is decreasing in its value, because the uncertainty
8:24
of war around nobody wants their money and something that can be wiped out with a with a push of
8:31
a button somewhere. I've just stayed I've stayed free and clear of it because it's been dropping
8:37
a great deal. And to be fair, this is a normal thing that a lot of people fear. They look at the
8:42
war, they look at volatility and they assume that Bitcoin is a risky asset. One that can be cut off
8:47
at a push of a button, but that's not entirely true. That's not how the Bitcoin network worked.
8:52
What's actually risky is having your money in the existing banking system, which got best in
8:57
the United States government just proved they can shut you off at any time. What's riskier?
9:01
The system that's sinking or the escape hatch, the Titanic or the life draft on the side of the boat.
9:06
Bitcoin was created after the financial crisis. It was designed for a world where institutions fail,
9:11
currencies collapse and the trust fails in the system. War is exposing the assumptions that
9:16
everybody held so dear in real time. It's exposing that financial sanctions are still a real thing.
9:22
That is exposing the fragility of the credit system and scarcity is exposing the value of a
9:26
financially scarce asset like Bitcoin. People think Bitcoin is just another trade, but moments like
9:31
these reveal what it actually is, a parallel system, an alternative network, a form of money that
9:37
the government cannot turn off. And the more the world sees how the current system actually works,
9:42
the more valuable the alternative comes. But you'll be ready because you subscribe to the channel
9:46
if you already have it. This is not to cook with Bitcoin simply. Happy stacking.
9:51
One of the ways you can continue to stack while also securing the network and becoming a more
9:56
sovereign individual is buying Bitcoin not just through spot, but through mining. But you don't
10:01
know how to pick the right machine. You don't know how to set it up. You don't know how to maintain it.
10:04
You don't know how to keep it running all the time. You don't know how to do the repairs.
10:08
Outsource that to the team and SaaS mining. Use the QR code to get started with Bitcoin mining
10:12
that's hassle free and done with 100% clean renewable energy. Get SaaS flowing right directly
10:17
to your wallet and stay sovereign. We're out.