The Untold Truth About Wealth: Broke Forever If Ignored!

Bitcoin is our single greatest weapon, not just to build wealth for ourselves, just to change the world in a massively positive way. If it could capture one point five percent by twenty thirty, that puts it at one million dollars per bitcoin. Wow, as twenty years after it came out, Airbnb did ten percent. Ten years. Whoever's listening to this, you're not smarter than Howard Lednik. He put a billion dollars in microstrets. So all these people, well, micro strategy

to scamponzie. Okay, they put a billion dollars, that's like forty percent into micro strategy. On the other side, they invested into Tether. Tether is the largest stable coin company in the world. And you're bearish, like, we have this. One of the smartest guys in the world built multiple millions of dollars multiple times, running the govern building these operations and and and having his money where his mouth is in three different companies that are benefiting from this. Right.

They're not doing it to pump their bags. They realize it's the best asset in the world. Yeah, cru Argentina, Lebanon, Turkey, et cetera. They desperately want dollars because their currencies are exploding all around them, but they're not able to get dollars. Their countries keep them from doing that. So US dollars stable coins have made it where they can easily get to the US dollars. So the world desperately wants US dollars, so the US dollar stable coin will get to the

entire world. And then the government also has another problem, the government these people to buy mark.

time and it doubles and things like that. But it's not just about money. It's about every single part of life, every single part of life. And so I built this house down in Mexico, this really big house on the beach. This guy came in. He went to do this home automation for me. He'd never done a house this big, is really outside of his reach, and he was hoping that he could use my house to help him start

getting more high end clients. He did the worst job ever. Now, if he would have done a really good job, I would have recommend to all my neighbors. But because he did such a horrible job, I'll tell all my neighbors to never work with him. So instead of it compounding one job gets some five jobs, five jobs gets some twenty jobs, I'll make sure he never gets another job.

Not because I'm vindictive, but if my neighbors asked me I have to say no. But it so if I make a good YouTube video, people are more likely to watch my next YouTube video. If I make a bad one, they won't watch it again. But when it comes to learning, it's also the same way. Like I'm in this space where like I am just like voraciously trying to expand into every value that I have. I want to be like the ultimate best, not to be other people, but

just be a better version of myself. But in every area, I want to work smarter, I want to do bigger deals, i want to get more in shape, I want to be a better father in every area. And that was also the law of compounding as well. So it's like I didn't always be I wasn't always like this, but at one point I read a book. I was like, Wow, that changed my life a little bit. What if I read another one? What if I read another Oh my gosh, what if I read what if I hired this coach?

Oh my gosh, what if I And like over time, and so now I'm at this point in my life right now where it's like I'm just like so excited for every single part because every single part of my life is just maximizing and then they start to compound on each other. Right, So, now what I'm doing in the gym, the discipline I'm building the gym, the way I've tweaked my diet to give me maximum energy all day,

then goes into my work and my clarity. So I'm super excited about a lot of things because that, as you can tell, I would say, ultimately, one big thing that I'm really focused on is the law of compounding. I started making YouTube videos about seven eight years ago, and I didn't want to. My partner at the time forced me to, like we were going to break up. Our business would fall apart if I didn't, And here

we are the law of compounding. My reach has gotten to the point, you know, they got one hundred million views or whatever, and the doors that has opened up because of that, the law of compounding, the relationships that I've built, and now like the it I'm starting to see the impact that I'm making on people's lives through the coaching consulting programs like real serious change, but also like now I have like companies coming to me. I have like a publicly traded company that I just launched

I'm an officer of. I have other companies that are giving me equity to help them, and so it's like my pursuit of growth being better every day has now compounded, and I see this ripple effect. And so now I'm coaching and consulting people on a weekly basis. I have people coming into my studio this week to help them, and I see the impact of that. So I'm super excited about that. But then I see my reach even going into businesses and companies and helping them, and so

that's what I'm the most excited about. So it's like almost like my pursuit of leveling up is now compounded into other people's lives and even businesses, and it's just amazing to see.

in a massively positive way. So it's the cheat code for life for us individually and as a as a as a world. But also like whether you'd like bitcoin or not, put that, put that aside. Whether you like real estate, okay, like whatever, there's this raging debate in the bitcoin circles, like real estate or bitcoin, which one's better. Maybe you're a Dave Ramsey fan and you think you should just go into mutual funds and index funds like okay, fine,

Like choose your weapon. But the way that the wealthy build wealth, and part of me building out this network is getting access to people like this to see these things is that it doesn't matter. They're not trying to choose the best. They're using multiple things in a proper sequence and order to invest through layers to multiply their

well three hundred five times, five hundred times faster. And so whether you like bitcoin or don't, or whether you like index funds are don't, or whether whether you like real estate or not, that's not the point. It's how do I use multiple assets understanding what we're really doing with them, and using them in the proper order and sequence to build well. So let me give you an example of what I mean. So, what most people think that rage in this debate between bitcoin and real estate

is well, bitcoin's better, No, real estate's better. Well, bitcoins better because it's going up faster, it's going up at fifty percent a year. Real estate is going to put five percent a year. Yeah, but real estate we can get we can get leverage because of debt and blah blah blah. What they don't realize is that. And then there's all this talk about this airbnb boom and all these people bought real estate and they're turning into airbnbs.

But airbnb markets crashing and the home values are dropping in Austin fifteen percent. All these people are said down, they don't understand. You see what the wealthy do is they don't buy real estate for cash flow. They buy real estate for tax efficiency. So I was telling you I bought this ranch property out in Austin, Texas, two and a half million dollar property. That property is an airbnb when I'm not there. I used it for events when I'm out there. But that got me millions of

dollars of tax right off. I didn't have to pay tax on millions of dollars because I bought that property. What do I care if it drops by twenty or thirty percent, I don't care. I got millions, right And so people don't understand this. They look at it like that. And so what happens is like, I'm working with this hosted bitcoin mining company right now. We're not selling hosted

bitcoin mining, we're selling tax efficiency. What if I can get double the bitcoin in two and a half years and I get a hundred thousand dollars a ride off at the same time. And so that's what I've talked about with Layers, is like understanding it's not the asset that I'm buying, it's how does it fit into my picture and how do I use this in a portfolio that then allows me to multiply wealth. Let me just

break this down. So I did a video on this. So, like, if I were to put one hundred thousand dollars into a whole life insurance policy compounding a five percent a year, and then I borrow the money out at five percent a year, isn't that a wash? No? Because one is compounding, the other one is getting paid down. So I take that one hundred thousand, I pull it out and I reinvest it, reinvest it into what, Well, first of all, over twenty years, that's going to make me fifty thousand dollars.

That's like a fifty percent return on my capital. Then I take that one hundred thousand, and now I go buy five hundred thousand dollars worth of real estate, which potentially gets me back to the Napkin math four hundred thousand dollars in tax right off. So I don't pay tax on four hundred grand. That could be one hundred and fifty thousand dollars based off of whatever an average salary. Now I have a hundred fifty thousand dollars I didn't I got to keep because I didn't pay that into taxes.

Right now, I put that one hundred fifty thousand dollars into bitcoin, and in five years that's worth fifteen million dollars. And I didn't make up penny more. Yeah, I didn't increase my income. I didn't work harder. I could have just put it into an index fund and it could have grown a six or seven percent. But here I've turned it into fifteen million. But that doesn't stop there. Now that fifteen million, I can borrow against that, borrow fifty percent LTV. I borrowed seven million out buy more

real estate, and I probably never paid tax again. And so that's what I'm talking about in layers.

what is your framework for layers? Because it sounds great. I love whole life insurance. I know you do is well, put money in that asset and leverage that to do real estate. Is there like a one two three punch for someone listening or watching that that are like maybe first principles of like do this, then do this, then do this.

like I'm a surfer. I love the island. But also there's tax efficiency in Puerto Rico, right. And I remember I was speaking at conferences, Robert was speaking at conferences, and a couple couple times more than once, two or three times from stage, he.

a row, and lots of other people way bigger than me. Entertainment, politics, media, finance, you name it, they'll be there, So come check it out. Save some money with my code Mark Moss or I'll put a link down below if you use my code to save some money. I'm going to do a private meetup just for you and some of my friends. So let me know. Use that code, save some money, Send me a message and we'll get you in the private meetup and I hope to see you in Las Vegas.

Guys like Mark Moss and Peter Schiff have to move to Puerto Rico to not pay taxes. He's like, I don't pay taxes, and he would call me out, like multiple times from stage, like what an idiot this guy is? He had to move to get out of taxes. Don't they know that we just don't pay taxes? And so that made me go huh, like maybe I need to look at this a little bit more, and uh, hanging out with them, having dinners with him. I'm like, let's break this down, like, what are we doing here, what's

the strategy whatever? Sting a shout out to Robert Kyosaki and the framework, I would say, I guess maybe I don't have a clearly defined framework as far as which assets go into which ones because sort of like our mutual friend Garrett Gunderson, it's like this investor DNA, so as I said, maybe you don't like bitcoin, cool, like whatever, don't don't get hung up on that. It's like Trump derangement syndrome. Somebody can't see past that. Okay, let's put

a different asset in there. So looking at different assets differently, but I think the order makes sense of one, set up that base layer, it's right. Two. I use real estate there because that's how we get rid of the taxes. Now, there's other ways to do that, but like real estate is the easiest way to get that leverage. Because what people that are like, maybe they're they thinking like level two or level three on this. They think they buy things for tax write offs. But I mean I still

have to give up the money. What wealthy do is I don't want to spend a dollar and write off a dollar. I want to spend a dollar in write off five dollars. I want to spend a dollar and write off ten dollars. So then what allows me to do that? Well, typically it would be things that I can put leverage against. So real estate is one. I'm working on bringing a product to market where we can do loans against bitcoin mining equipment, and then I can

also get that leverage right off. Wealthy do other things with collectibles, fine art, things like that, land conservations, things like that. So there's other ways to get that. I mean, Elon must did it with Tesla, you know, I sell and carbon credits or tech you know, things like that. So there are other ways, But what are the ways? It all starts with a question, right, So it's like, Okay, I set my base layer so I always have a

growing Then how do we get the tax efficiency? And I know that I want three, five, ten dollars a right off of every dollar I spend, So what gives me those? Real Estate's just the most successful way for everybody.

Street hedge fund. You can just beat everybody just by bitcoin. That's it. Just buy it. But because I want to get better at everything, why not make three to five hundred percent more and do it that way?

and there's people saying that it's that's only beginning. I talked to someone last night that's like, put your money in bitcoin.

that we didn't have before. So the problem that humans have is we're no good to imagine in the future because we can only imagine better versions of what we have today, but we don't imagine that we'll have different building blocks to let us build different things. If you have a deck of cards, what can you build a deck of cards versus what can you build legos? Right, So we had It all started with the Industrial Revolution. We had mechanized machines for the first time, machines that

could do the work of five thousand men. Then we had the steam engines and railways. Now we can move stuff, and we had electricity, steel, heavy equipment. Now we can build skyscrapers, bridges, electricity, obviously oil, oil fuels, automobiles, and mass production. In nineteen oh eight nineteen seventy one the birth of the microprocessor, which brought us to personal computers, telecom internet, teach huge. These are all quantum leaps, and

now we're entering another one. And what bitcoin is this new piece of technology. And the problem that we have because we can't imagine the future very well. We try to. Our brains are really comparing mechanisms, like, hey, this is heavy, well heavy compared to what, right, So what is this electricity? Oh, it's kind of like a digital candle. It gives us light. Well, it was like a digital candle. That was a use case for it, but of course electricity is so much

more than that today. So we think about what is bitcoin. Well, it's sort of like these things. Well it is like that, and it's like that, and it's like that it's like but it's even more right. So right now bitcoin is falling. It's a new piece of technology, and I want to I want to try to explain it without going too deep. You need a thousand hours. You can't borrow someone's conviction. Right, But what we know is that we have this monetary history and all types of different things have been money

throughout history. Feathers, rock, seashells, and eventually gold emerged as the best form of money. So it's we understand that money is an evolutionary path. So it starts as a collectible. Look at this cool rock or feather or seashell. Look at this baseball card, this Pokemon card. Now, some collectibles, not all, but some evolve to the next stage, which is a store of value. Some baseball cards or are stores of value. Some wealthy people do store their wealth

or value in collectibles and fine art and things like that. Now, if some have the right attributes, it could evolve maybe to the next stage, which is a medium exchange. So it needs to have the money attributes portable, divisible, durable, recognizable, saleable, things like that. So like a mona lisa is terrible because you can't divide it up. A cow could be, but it's not fungible one part, like a ribbi is different than a liver. Right. A banana would be terrible

because it's not durable. So gold emerged as that's the best one, and it was the most scarce asset. But the problem with gold is that that was great in an industrial era. So really what happened is we had this gold age. But in the fifteen hundred's, actually like fourteen ninety eight, Luco Palliali in Florence, Italy created a new piece of technology called the ledger in double entry accounting. And because gold was too slow, how do I sell it across the sea? How do we trade globally when

gold is so slow, big, heavy, dangerous to transport. So hey, we have this new piece of technology called a ledger or double enjoy accounting. So you give us the gold and we'll just keep track of the ledger. And that's basically the system that we're on today. The problem is who controls the ledger, and so that's always been the problem. So gold required all this centralization, and so what happened is all the gold went in the banks. The banks

controlled the ledgers. But in nineteen thirty three, the United States government seized all the gold from the people. And part of the reason why they seized it is because they were lying about the Lleger. They kept printing too much paper debt and it wasn't tied to the dollar, and they found themselves short. They owed a lot of gold, and so they said, let's just take all the gold is in the banks. And so gold is always going to be susceptible to the same problem. It requires centralization

because we're not in this old industrial agency more. We're an information age. And so today now transactions are at the speed of light, transactions I can click. I have this problem every time I think of something. I was opened my Amazon app and it's like here today. Right, But settlement is still from the fifteen hundreds. Settlement still takes three to five days to get an ach credit card into your bank. Isn't that wild? But it's not

even that. Final settlements really about ninety days to six months, because someone could charge their credit card back final settlement.

incarceration rate boom. Certainly, our purchasing power going down. Home price is going up, gas price, everything, all the price is going up. But I laid out the destructive parts of society, the single mother birth rates, the incarceration rates, the divorce rates.

and less and less and less. And so what happened is on an average wage, where I used to be able to buy the American dream, the house, to car, the college education. Now today you can't. And so the reason why the cost of everything went up is because they kept printing more dollars. My dollars were buying less of those things. But at the same time, the destruction of society went down. Because what's the number one cause of divorce money? One of the main causes of obesity

is I can't afford good food. I eat junk food. Why do we have the incarceration going up? Well, now I got to rob and steel. So it's not just it's not just that things have gotten more expensive. It's not just that my quality of life has gone down. It's not that they've literally stole my life. So let's think about this. Back just a few years ago, under President Biden, we had but nine percent inflation. Now it was probably twenty percent, but let's just call it the

nine What does that mean? That means for the average person making thirty bucks an hour, they have to work ten hours more per month just to have the same quality of life that they had before, just to have the sayd SA ten hours more per month, ten hours that I could have spent with my kid, ten hours I could spent with my wife. Ten hours I could have spent on a side business. Ten hours I could have been in the gym. They took my life, my life hours. All of economics is built on the law

of scarcity. The most scarce sasset in the world is time. That's what they took. But then we can see the societal destruction of that. And I have to lay out the problem because if you don't understand the problem, you don't understand the solution. So now we have a way to store our wealth, our value, our energy, our life energy in an asset that can't be inflated away. So bitcoin has a cap of only twenty one million, so

they can't print more of it. And on top of it, they can't seize it, they can't manipulate it, they can't steal it. And I can transmit it immediately, immediately for almost free. Now people are like, oh, bitcoin's too slow and it's too expensive. Okay, that's the twenty sixteen argument. Get what the time is here? Like, I can send bitcoin faster and cheaper than any any nails right now. And by the way, in my setup of the problem,

faster money was not one of them those things. So a lot of times we were like, oh but this one's faster. Okay, so we needed faster money. That's the cure to all our problem. So like, understand what the

problem is. So if you understand the solution, right, So now we have a way that we can store a value in a way that can't be taken from us if you think about it right back to like energy, Right, So if I dig a hole for four hours and I can earn enough to like live for that day, what if I worked an extra for us, I worked eight hours, Well, now I could save so I have some money. So tomorrow I don't have to work. I

have the money I could pay. So really, if I think about that money, it's like my energy.

Like you don't store your wealth and dollars people. People understand this, It's okay, But biitoin is this revolution where now I have this way that I can store it in a way that can't be debased. And it's just real simple. I say. One of the two greatest tricks the FED ever played was one telling people that we needed our money supply to always expand, and two that asset prices going up is a good thing. Neither of those are true. We don't need our money supply to

go up. Would you rather have your money buy you more goods and service in the future or less? And so when you have an inflated inflated money supply, it always buys you less. A fix my supply buys you more. So that's sort of the premise as to why bitcoin Now, I'd like to tell you why bitcoin and not the other ones?

how do I know what the purity is? The waight is So they've had all types of coinage and they've done all types of things, but like you know, China had gold bars with that were tungsten painted as gold, right, So like, how do I verify if the gold is real? So gold is certainly the best, but it's not portable, okay, and it's not verifiable very easily. I need like some spectrometer or something to do that.

team that tries to protect it. But every database is basically been hacked. Right, so Experience was hacked. I mean the NSA was hacked, right, but what happened. What bitcoin is is that revolutionary technology that we've never seen before. And what it is instead of having one database, it's a decentralized ledger. So we now have a thousand or a million or ten million ledgers. So if I had a bank with a billion dollars, that's a pretty big target.

Someone might might want to go attack that. But if I have a billion banks with one dollar each, and so we have this new decentralized ledger. And what happens is it's only decentralized if everybody can run one. So the bitcoin database is very small. It's about shoot, I don't know what it is right now, probably four five hundred gigabytes. So that means a kid in Africa with like a five year old now top could run a bitcoin database. So anyone in the world could run it.

You could put it onto a thumb drive. Anyone in the world could run a database, which means it stays decentralized. And what happened is in the beginning, if five people run it, or ten people run it, or on a hundred people run it's not very strong because what happens is the database has to achieve consensus, so I finally have to take over ten nodes or fifteen nodes or thirty nodes. That's doable. Then we have the mining, so we have the node, the database layer, and then we

have the mining layer. The mining layer is the digital energy, so that's what protects the network, that's what processes the transactions. So the mining the hashing power is so big, and then the database is so big, so you have to take over over half of that to even have a chance, and you still wouldn't do it, but we have to have a chance. So what happened is bitcoin was creating this wrinkle in time. It was we call it this

immaculate conception. We don't know who created who stitutional komotive is, but it was creating this in this in this wrinkle in time, but nobody knew what it was, and it was allowed to grow in the wild for about a decade until people realize what was going on, and at that point it was too big to kill. The problem is today is there's no way to do that again. I mean people have tried, okay, because what happens is all the other you mentioned Ethereum Ada is one, he

mentioned Cardano Solana. Those are all basically just centralized ledgers over a couple nodes. And the reason why is because I can't run an ethereum node. The database is way too big. I have to run a Prune version, a cryptn version on a professional server in a professional co location facility. Kidnappricing can't do that. Hey, small business owner, are you buried in all types of work keeping you from the real thing that makes you money? Well that's

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about it, it gets attacked immediately. People attack that, they'll double spend, they'll steal money off of it, and so now nothing can get big enough. It's kind of like when you have an invasive species. A rabbit comes over to Australia and they don't have a rabbit, or a fish comes in we have this problem all over the US, like muscles come in or a fish comes in, right, and it takes over that habitat, and once it's taken over, like, there's nothing else that can really come in and take that.

So Bitcoin sort of grew in the space and there's just nothing else that can be there and that and that's why nothing else And so you have to understand the technical side of things. What we want is something that nobody can control. Ethereum has changed their monetary supply like three times in the last two or three.

of the world. Like anyone who's not the government's going to make it illegal, Like that's out the window too. The biggest one is if if bitcoin can stay decentralized and secure, that's just can it? If If as long as it continue to stay decentralized and secure, that's it. That's the biggest threat. Now, what would have to happen for not to be trust me? Over the last seven eight years, at all these conferences and events I speak at, we stay up late at night playing game theory, and

I don't know the answer for that. Theoretically it's impossible. But anything can happen, right, So possibilities are endless, Probabilities are few, so the probability of that happening is very low. But some of these things, let's talk about the energy one for example. First of all, anyone who says that argument should just be disregarded in the first place. And here's why. And anyone who knows anything basic stuff knows that the wealth of a nation comes from the amount

of energy they have. The poorest nations in the world have no energy, like people in Africa whose kids die every single day because they don't even have a hospital or an incubator to put their baby in. Wealth of nations comes from the energy they have. Energy is a good thing, not a bad thing. So anyone who says that rapt bactial just be disregarded. But they also don't understand biquin either. So in order to make bitcoin mining profitable, you need to have about three cents per killowod hour

power or less. Here in California in the summer, we have a tiered system. At the top of the tier is forty cents per kilowat hour. You can't mind bitcoin in California. So if it's forty cents in California, why would someone sell it for three? Well, the law of supply and demand is not very basic, and it would basically tell me the only reason why someone would sell it for three is if they created the energy but

have no buyers for it. So what happens is the way the energy system works, especially now they've completely screwed up by putting unreliable power in there from wind and solar, is that when I turn my switch on, I expect electricity to come on. So we need to always have powers. We have baseload, but we also have to be prepared for peaks. It gets hot, everyone turns to AC on whatever. So what happens is now in unreliable power, wind and solar.

Sometimes it's not windy and sometimes it's not sunny, and so now we have this problem. And so they've been building what they call peaker plants. They build an entire other plant to be run in the event they need more power. So we have this place all over the world where power is being created but not being used. That would be what I would call the definition of waste. They say bitcoin is wasting energy. If you use something, that's not a waste, but they're literally making energy and

not using it. That's a waste. And so bitcoin can only operate on wasted energy, energy that's already been created and is not being used. And once it starts being used, the price starts going up. Competition goes to five cents, seven cents, and bitcoin has to pack up and move to another district where it's cheaper. And so yeah, anyone who said that, first of all, they don't understand ergy number two. They don't understand bitcoin at all. So I'd

say that, and yeah, who cares about that? But ultimately I would just say, like bitcoin is the apex predator of assets, and the reason why is because all the forms of storing our capital today are five to seven hundred years old. Stocks equities, right, how long ago was that created? Right? The Dutch? The Dutch created a market,

you know, the stock market. So we have all these different assets, and like real estate seems like a good asset, but when you look at the maintenance and the property taxes and understand what's going on with that, or gold, Like where could you have put gold one hundred years ago that would still be there today? Yeah, right, and so then you look at okay, so then we can go into an I'm just gonna throw this out there. We don't have time to go down this rabbit hole.

But if you think about oil, oil is an asset. Oil is a commodity. Bitcoin is an asset. Bitcoin's a commodity, a commodity being different than in equity, a commodity being that anyone anywhere in the world will get it right. It's fungible matter where you get it right. There's no common issuer, right, whether it's wheat or oranges or oil. So bitcoin is that. But you have oil as an asset, a commodity that sits around sixty to eighty bucks a barrow for the last fifty years, so it buying oil

itself isn't necessarily the best thing. But there's an oil industry that's the eighth largest industry in the world worth four point eight trillion dollars. So who made the pressure sensor for the oil pipeliner? Who made the sanar for the oil tinker? Right? And so we have bitcoin, But now we have this bitcoin asset. So when I talk about energy systems, for example, bitcoin is now transforming our energy grids across the entire world. So we haven't thought

about that. But if we just think about it from assets specifically, and only store value assets, what are the things that we're using currently to store our value? Real estate, bonds, equities, cash, offshore bank accounts, fine art, collectible's gold. Right now today that total is about nine hundred trillion dollars. Now that pie continues to grow, So as we continue to pret more money that grows at the rate that we're on, that nine hundred trillion, by twenty thirty will be one

point three quadrillion total store value assets. And then you just ask yourself, there's thirty to forty trillion in off shore bank accounts. Is bitcoin better than that? Sure?

ten years. So then the question is, if bitcoin is superior to all those other assets, what percentage of that pie do we think is realistic to capture. If it could capture one point five percent by twenty thirty, that puts it at one million dollars per bitcoin. Wow, now that's by twenty thirty, that's twenty five and that's less than two percent, is less than to percent. That's twenty years after it came out. Uber and Airbnb tod ten percent ten years.

out crazy things and you think he's crazy nothing. By the way, I just listened last night there's an interview with Howard Lutnik from the All In, All In podcasts. Have you listened to it?

Obviously they're working together now, so we also have Senator Lummis from Wyoming has already submitted a bill to also create this in the government, and lots of people are backing this. Now. What Trump did is he came out and said, maybe it'll be a crypto asset reserve, and maybe we'll do Cardano, when we'll do Solon and all these things, and he just kind of threw out all that crap and basically got everyone outraged. And not just everybody.

Brian Armstrong, the CEO of coinbase, which makes all its money from people trading those assets, came out and said, whoa, whoa, whoa, you can't do that. Only Bitcoin. The head of the creator of Solana, came out and said, well even though his coin that mentioned, he said, whoa, whoa, whoa, whoa we can't like, hang on, hang on, and so everyone's like, no, no, just bitcoins is bitcoin. And then bitcoin went through and they were very clear when it went through that it

is only bitcoin. Everything else will be looked at completely ply different, will be treated completely different. And they made this big differentiator line.

he called it in a budget neutral way. So what can we do to get bitcoin without paying for it? Because taxpayers may object to that? So could we trade gold for it? You know, could we do it through terror? What can we do in a budget neutral way? That's what we don't know the details of that yet. But when you listen to this interview of Howard Lutnik, who's running. Dude, the guy is so smart. You have to listen to this.

But like he's he's he's helping. He's the Commerce Secretary, so he's helping set up this the not only the sovereign the Strategic bigcom Reserve, but the Sovereign Wealth Fund and so both of those will have bitcoin. Let me paint this picture for you. So Howard Lutnik, dude, listen to this interview. The guy is so friggin smart. Yeah. He owns a company called Cantor Fitzgerald. Right, it's a billion dollar Wall Street fund, right, and he had the

top five floors of the World Trade Center. His company got bombed out. Six hundred people that work for him died. His company got destroyed. He rebuilt everything, so he's built it from the ground up multiple times. Cantor Fitzgerald announced that they are going to open up a two billion dollars bitcoin equity facility or credit line, So basically institutions don't have to sell the bitcoin and they can tap into the equity. So that brings two billion dollars back

to the market. So Cantor Fitzgerald now is sitting in the center of this of this bit of this bitcoin web, let's call it. Well. Cantor Fitzgerald now also bought a billion dollars in micro Strategy in Q four of last year, just recently. Whoever's listening to this, you're not smarter than Howard Lutnik, You're not smarter than him. He put a billion dollars in mic strates. To all these people, Well, micro strategy a scam, ponzi. Okay, you're not smarter than him.

They put a billion dollars that's like forty percent into micro Strategy. On the other side, they invested into Tether. Tether is the largest stable coin company in the world, but that is putting their treasury into bitcoin as well. So we have Lutnick, Cantor Fitzgerald, we have micro Strategy, and we have Tether. Here now, in his role in the government, he's creating the SBR and a Sovereign Wealth Fund which will both be centered around bitcoin. Yep, And

you're bearish, like we have this. One of the smartest guys in the world built multiple billions of dollars multiple times running the government, building these operations and having his money where his mouth is in three different companies that are benefiting from this right, and it's made. I just made this video on YouTube and I told Mauricio that I felt bad now this morning because I watched that video.

I kind of said, like, hey, he's in the government, he's pumping this thing up whatever, and it maybe looked at maybe like made it look like a little scammy. I didn't for it to be that way. But after watching this video, the guy is so smart and he is a true American patriot. Like, listen to video. He's a true American patriot. And they're not doing it to pump their bags. They're not doing it for that. They realize it's the best asset in the world. Yeah, they

realized history. Right, So when China in the late eighteen hundreds decided that they were going to stay with the silver standard, when the whole world went to a gold standard, she kind of lost their place in the world. And it's taken them one hundred years to come back.

So you hear the revenue and spending where two trillion dollar definite? That sounds terrible, right, But as a business owner, there's one big number missing. What's the balance sheet? What's the balance sheet of the United States? Estimated between five hundred trillion to a quadrillion. That's the balance sheet. So when you have a business guy like a Lutnik coming and go, wait a minute, look at the ballance sheet. We have five hundred trillion dollars of assets. What is

thirty six trillion dollar debt. We can balance the budget. The debt is miniscool. We can monetize the balance sheet, Like what are we doing here, guys? And so anyway back to it's not just this because of the currency we have the balance sheet anyway, So back to the currency question. So the dollars reserve currency of the world. I don't think anything is changing that. I did make a video recently. So the Trumpet administration, the US government is all in on creating the US dollar stable coins.

And so part of the reason why is the world when I talk about the world Peru, Argentina, Lebanon, Turkey, et cetera, they desperately want dollars because their currencies are exploding all around them, but they're not able to get dollars. Their countries keep them from doing that. So US dollars stable coins have made it where they can easily get to the US dollars. So the world desperately wants US dollars. Bitcoin as much as I believe in it, and it's the ten x in front, you should be buying it.

It's too volatile for the average person to be trying to be trying to live their life on it. If you have money you can put away for five years, you should put in a bitcoin. But if I have money that I'm trying to spend. I got to pay my rent next week. It's too volatile. So the world needs dollars, and I think the two complement each other in a transitional period. So the US dollar stable coin will get to the entire world. And then the government

also has another problem. The government needs people to buy treasuries. So now we have vs. A V. We have the world buying stable coins. Stable coins go into treasuries. So I believe this will cementt the dollars position in the

world as the reserve currency. It will only become stronger than it already is and will take over everything because even countries with their own currencies the people want and dollars, the stable coins will get it out there, and working together with bitcoin and the dollars, it will cement that position. Now we have all these things, we can store wealth in gold and collectibles and fine art and all these things.

It doesn't take away from the dollar. Nobody thinks they should be storing their wealth in the dollar.