“Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”

“Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”

Released Friday, 18th April 2025
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“Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”

“Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”

“Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”

“Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”

Friday, 18th April 2025
Good episode? Give it some love!
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and other factors. Bitcoin

1:12

payments, let's go. As

1:14

well as Arizona Crypto Reserve bill

1:17

passes the House committee heading to

1:19

the third reading. As well as

1:21

quantum computers likely to reveal Satoshi

1:23

Nakamoto is still alive according to

1:25

Bitcoin OG. Adam Beck. Also,

1:28

Saylor says ETF investors strong our

1:30

hands are helping to stabilize the Bitcoin.

1:32

He also shares with us 21

1:34

truths of Bitcoin, which I'll be revealing

1:36

for you in today's show, as

1:38

well as will the United States dump

1:40

gold for Bitcoin, a real

1:42

geoeconomic shift in real time. I think

1:44

most likely and I'll be breaking down the

1:46

most likely reasons for them to do

1:48

this. We'll also be taking a look

1:51

at the overall crypto market. All this plus

1:53

so much more in today's show. Yo,

2:01

what's good crypto fam? This

2:03

is first and foremost a

2:05

video show. So if you

2:08

want the full premium experience

2:10

with video, visit my YouTube

2:12

channel at CryptoNewsAlerts .net. Again,

2:14

that's CryptoNewsAlerts .net. Today is

2:16

pod number 1 ,966. I'm

2:18

your host, JV. It's April 18, 2025.

2:21

Happy TGIF. A great

2:24

day to be alive and happy. Good

2:26

Friday, first and foremost.

2:29

Let's kick it off with our market watch

2:31

this Good Friday, shall we? And as

2:33

you can see on your screen, pretty little

2:35

bitty correcting, only down 1 % on the

2:37

day, maintaining above $84 ,500. At the time

2:39

of the live stream, Ether back in

2:41

the $1 ,500 range, unfortunately, XRP

2:44

BNB, Solana and Tron also in

2:46

the red and correcting as well. And

2:48

check it out, coinmarketcap.com,

2:50

the current crypto market

2:52

cap, says at $2 .67

2:54

trillion. and the Bitcoin

2:56

market cap is at 1 .6 trillion

2:59

roughly a trillion dollar difference between

3:01

the two 46 billion worth of

3:03

volume for the past 24 hours

3:05

with Bitcoin dominance coming in today

3:07

at 62 .9 % the apex predator

3:09

as ether dominance goes all the

3:11

way down to a minuscule seven

3:15

And check it out top 100 crypto gainers past

3:17

24 hours We got tau leading in the back

3:19

up 10 % full about flare up 9 % followed

3:21

by a mutable of five and a half percent

3:23

followed by the sandbox which all Tiffany are your

3:25

bullish on for the bull how large a boy

3:27

and check it out the crypto bubbles I like

3:29

to get the visual perspective on the day safe

3:31

to say Let's get

3:33

an update, here we go, updated, okay, so

3:36

I'd say majority of the alts are actually in

3:38

the green today, but the top ones are

3:40

correcting and in the red, as ironic as that

3:42

is, fart coin down 10 % on the day.

3:44

Zooming out on the weekly. I'd

3:46

say 60 40 red over green

3:49

on being the biggest loser and you

3:51

understand that was rug pulled lost

3:53

like five billion a market cap

3:55

overnight unfortunately and Checking out the crypto

3:57

greed and fear index today. We're

3:59

33 fear yesterday at 30 last

4:01

week at 25 extreme fear and last

4:03

month at 32 fear silver lining

4:06

the lower this number goes in

4:08

extreme fear the more likely of a

4:10

pumpy pump So let's pump it

4:12

up and checking out the infamous

4:14

time chain calendar uh we're currently on

4:16

block number 892 ,990 and uh We

4:18

have 157 ,000 blocks into the

4:20

next halving, and you can currently exchange

4:23

one fiat monopoly dollar for 1 ,183

4:25

sats. So pick up the sats,

4:27

put down the gas, and pick

4:29

up some Bitcoin caps from a man's

4:31

Sergio. Over at BitcoinCaps .net. And if

4:33

you don't know, now you know,

4:35

Joey. Let's get it. Let's kick it

4:37

off now that we did our market watch. We'll do

4:39

a little TA, a little astrology for the broskis. A

4:42

headline here reads, Bitcoin price volatility imminent.

4:44

As speculators move 170 ,000 of the

4:46

bitty, does according to the latest TA

4:49

from CryptoQuantz. Let's break this down, then I'll

4:51

pull up some of the live charts. Bitcoin

4:53

short -term hodlers are signaling that the

4:55

current calm Bitcoin price behavior may

4:57

not last long. CryptoQuantz revealed

5:00

that 170 ,000 BTC owned by entities

5:02

would have purchased date between three

5:04

to six months ago, begun to

5:06

circulate, quoting them here. Around 170

5:08

,000 bitties are moving from the

5:10

three to six month hodler cohort. Large

5:12

movements from this group often

5:14

signal that significant volatility is imminent.

5:17

And the chart, as pulled up

5:19

right here, shows the impact of the

5:21

previous short -term hodler events, with

5:23

the latest being the largest by volume

5:25

since late 2021. Price direction varies,

5:27

both upwards and downwards, making market

5:30

responses visible. Volatility is a comment.

5:32

And short -term hodler entities are notoriously

5:34

sensitive to snap market moves and transitive

5:36

narratives. That's why I got to be

5:38

in the cohort of the long -term hodlers.

5:40

Don't be so sensitive, Karen. And

5:42

recent Bitcoin price downside has been met

5:44

with episodes. of the panic selling by the

5:46

cohort, which is defined as an entity

5:48

buying up to six months previously. Earlier

5:51

in the week, CryptoQuant listed the short -term

5:53

hodlers as one of the main sources

5:55

of the current Bitcoin selling pressure. Not a

5:57

good look, short -term folk. Short -term hodlers

5:59

have been the primary sellers, sending an average

6:01

of 930 Bitcoin a day to the

6:03

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and selection varies by location. Excludes Alaska

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and Hawaii. weak hands get wracked.

6:36

I mean, it is what it is.

6:38

In contrast, long -term hotellers only moved

6:40

about 529 Bitcoin daily, highlighting the

6:42

short -term fear or profit taking while

6:44

long -term conviction remains intact. Meanwhile,

6:46

CrazyBlock described the classic shakeout

6:48

as occurring in Bitcoin while

6:52

- Concerns over a uniform

6:54

rush of exit across the investor spectrum

6:56

as he shares here with Bitcoin trading

6:58

sideways and volatility compressing This cohort driven

7:00

breakdown helps us understand that the current

7:02

correction is not a mass exodus by

7:04

the smart money It's more likely a

7:06

reaction from the nervous short -term mid -tier

7:08

Cabbage hand hodlers. So please don't be

7:11

like cabbage hands Portnoy over here and

7:13

hold the Bitcoin for the long term

7:15

You got to have the diamond hands.

7:17

You got a hodl at least a

7:19

minimum I would say of four to

7:21

eight years to extend significant gains. And

7:23

in fact, every single Bitcoin holler from

7:25

my understanding that has been hodling for

7:28

at least four years is in the

7:30

black, meaning with it, at least an

7:32

unrealized gain. And that's where you want

7:34

to be. Never sell at an unrealized

7:36

loss because then you're turning an unrealized

7:38

loss to the real McCoy, a real

7:40

loss. And that's not a good look,

7:42

and that's something the short term hodlers

7:45

are apparently notorious for. But

7:47

with all that being shared, I

7:49

promise to pull up some of the

7:51

live chart. We'll do some live

7:53

chart action, Jackson Satisfaction here on TGIF.

7:56

And yeah, you're looking at the outward chart

7:58

right here via Coinbase, via TradingView. There's live

8:00

and in the flesh, not a lot

8:02

of Movement really going on right now.

8:04

It's been trading sideways for the day

8:06

But we do have a target sitting

8:08

at 88 ,000 zoom in or bear

8:10

target sitting just shy of seventy eight

8:12

six zoom it out from there We'll

8:14

take a look at a four hour

8:16

Four hour chart says it's going on

8:18

forever, Jamie. We do have,

8:20

you know, we did have a dip,

8:22

but we have recovered and we're currently

8:24

again, flat line at 84 -5. Bear

8:26

scenario in play of 73 -5 on

8:28

the four hour, no bull scenario printed

8:31

currently. And zoom it out a

8:33

little further for the daily. We do have the

8:35

rising wedge followed by the falling wedge. It's like

8:37

a yo -yo. Let's see if we slinky back

8:39

to the rising wedgie formation. We do

8:41

have the bull. Trend scenario sitting just

8:43

shy of 112 ,000 taking us back to

8:45

price discovery currently sitting at 1093 the

8:47

current all -time high achieved in January back

8:49

on inauguration day We do have a bear

8:51

scenario just shy of 69 G's baby

8:53

And then there's a super bear sitting at

8:55

49 ,000 and zoom it out a little

8:57

further from there We'll take a look

8:59

at a weekly then we'll check out the

9:01

monthly real quick the weekly chart shows

9:03

a Cup and handle target as you can

9:05

see on your screen Last week we

9:07

finally had a green candle close and this

9:09

week thus far if things continue where

9:11

they're at at least we'll get another green

9:13

weekly close we have till sunday to

9:15

go but we'll see i mean again not

9:17

lots really happening right now unfortunately it's

9:19

been pretty boring but it is what it

9:21

is and zoom out a little further

9:23

we look at the monthly and the monthly

9:25

Also shows past couple of months have

9:27

been bearish, unfortunately, but hopefully we

9:30

can maintain in the green for the month

9:32

of April. Now we're in the second quarter

9:34

of 2025. It's the year preceding the halving.

9:36

So you already know, typically it's a very,

9:38

very bullish year and hopefully we ain't seeing

9:40

none yet. Here's the latest big news coming

9:42

out of Switzerland. Spar supermarket in

9:44

Switzerland starts accepting Bitcoin payments. How many of

9:46

you have ever been to Switzerland? Let

9:48

me know. I visited there for a few

9:50

days on my Euro trip. Beautiful scene. The

9:53

mountains were very majestic. It was

9:55

freezing when we were there, but nonetheless...

9:58

I just remember going on the train

10:01

and witnessing all the epic views of

10:03

the mountains and such. It was good.

10:05

It was a good look. Global

10:08

grocery giant SPAR has rolled out Bitcoin

10:10

based payments in Swiss city, marking another

10:12

step in the growing adoption of the

10:14

crypto for everyday transactions. Now

10:16

the SPAR supermarkets in Zug, Switzerland implemented

10:18

the Bitcoin payments via the Lightning

10:20

Network. The stores Bitcoin payments went live

10:22

on Bitcoin now, a community driven

10:25

project highlighting stores that accept bitty payments.

10:28

X Swiss, a crypto to fiat payment

10:30

solution firm announced just recently. This

10:32

bar location is among the first supermarkets

10:34

in Switzerland where you can pay

10:36

directly at the checkout using Bitcoin via

10:38

the Lightning Network. Thanks to our

10:40

new hashtag open crypto pay solution and

10:42

open peer to peer standard for

10:44

in -person crypto payments. I think that's

10:46

fantastic. So if you want to live

10:48

off of Bitcoin, you can do

10:50

that as groceries and everyday expense, obviously.

10:53

And most grocery stores do not.

10:55

accept payments. So that's a step

10:57

in the right direction. Bring it.

10:59

Switzerland has long been regarded as

11:01

one of the more crypto -friendly European

11:03

jurisdictions with some of the earliest

11:06

crypto adoption initiatives. Back in 2023,

11:08

the Swiss city of Lugano adopted

11:10

Bitcoin and Tether USDT payments for

11:12

all municipal fees, one of the

11:14

world's first city administrations. To do

11:16

so, there are currently 1 ,013

11:18

stores and businesses accepting Bitcoin payments

11:20

just in Switzerland. According to the

11:22

Bitcoin map data outline, right here

11:25

on your screen and good coverage

11:27

all across Switzerland. That's what's up.

11:29

Bitcoin adoption amongst the retail giants

11:31

with a global presence may increase

11:33

mainstream trust and crypto payments. This

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available at amazonbusiness.com. Making

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it easy peasy. That's why I paid for

12:26

my pupusas in Bitcoin country. You know I

12:28

mean? So game on. It was super simple,

12:30

by the way. You just pull it out,

12:33

you know, scan it. Bada boom. I bought a Bitcoin. Just

12:35

scan the static QR codes, send the

12:38

stats, immediately an easy registration by the cashier.

12:40

And if enough people use it, it

12:42

may be rolled out in the entire freaking

12:44

country. So hopefully people who use it

12:46

support the biddy. Quitting a user here. I

12:48

use the Phoenix Wallet for the Lightning

12:50

Network, but pretty much anything works. That means

12:52

you can use strike, network, lightning

12:55

wallet. You can use

12:57

currently, what's the one? There's Exodus. There's

13:00

a Shivo over in El Salvador. I

13:03

don't recommend that one, but I digress.

13:05

There's a lot of options out there. And

13:07

increasingly, more companies are adopting crypto in

13:09

the country, sorts of in base blockchain ecosystem.

13:12

CryptoValley surpassed almost 600 billion

13:14

in valuation last year,

13:16

after a 55 % yearly

13:18

increase. That's pretty significant. worth

13:20

$600 billion. And

13:22

amongst the 50 regional entities, 17

13:24

have reached unicorn status. And

13:26

here I thought unicorn was

13:28

a fictional beast. No, unicorn

13:30

status is being achieved. $1

13:32

billion valuations on the companies. Quoting

13:35

them here, a Swiss industry with

13:37

a top 50 entity share evaluation

13:39

of $593 billion in whose funding

13:41

medians exceed global medians reflects vision.

13:43

and resilience and if you don't

13:45

know now you know some of

13:47

the crypto valley's well -known projects

13:49

include layer one blockchain network ethereum

13:51

cardano and casper blockchain i guess

13:53

casper's the friendly ghost i didn't

13:55

realize but anyways uh there you

13:57

have it broskies hopefully they start

13:59

adopting some retail bitty lightning payments

14:01

in the united states as well

14:03

Following Switzerland's footsteps. Why not here?

14:05

Here's the latest with the Arizona

14:07

bill. Good news. Arizona crypto reserve

14:09

bill passes the House committee and

14:11

it now heads to the third

14:13

reading. Lucky number three. That's right.

14:15

One of Arizona's crypto reserve bills

14:17

have been passed by the House

14:19

and is now one successful vote

14:21

away from heading to the governor's

14:24

desk. for the official approval and

14:26

this is the Arizona strategic digital

14:28

asset reserve bill SB 1373 which

14:30

was approved officially yesterday April 17th

14:32

by the House of Committee of

14:34

a whole which involves 60 House

14:36

members shut out to the House

14:38

members weighing in on the bill

14:40

before our third and final reading

14:42

in a full Floor vote. So

14:44

this is pretty massive, as you can

14:46

see here from the Bitcoin laws. Arizona Update

14:48

Bitcoin Reserve Bill SB 1373 has been

14:50

passed by the House Committee of the Whole.

14:52

The next step is the third reading

14:54

of the final vote. And you can see

14:56

trailing behind Arizona. Of course,

14:58

we have New Hampshire, we have Texas, Alabama,

15:01

we got Florida, we got Georgia.

15:04

I get my peaches out in Georgia.

15:06

Ooh, that's it. I like my from

15:08

California. Ooh, that's yeah. SB

15:11

1373 seeks to establish a digital

15:13

asset strategic reserve fund made up

15:15

by the digital assets seized through

15:17

the criminal proceedings to be managed

15:19

by the state treasurer. Arizona's

15:22

treasurer would be permitted to invest

15:24

up to 10 % of the

15:26

fund's total monies in any fiscal

15:28

year in digital assets. The pre -Lobidia

15:30

is going up forever, Laura. The

15:32

treasurer would also be able to

15:34

loan the fund's assets in order

15:36

to increase returns, provided it done

15:38

increase financial risk. However, the Senate

15:40

approved SB 71373, maybe a Setback

15:42

by the Arizona governor, Katie Hobbs,

15:44

who recently pledged to veto all

15:47

the bills until the legislator passes

15:49

a bill for disability funding. Boo,

15:52

Katie. Hobbs also has a history

15:54

of vetoing bills before the House

15:56

and has vetoed 15 bills sent

15:58

to her desk this week alone.

16:00

I say we fire Katie Hobbs.

16:02

How do you like those apples,

16:05

Katie? Now, Bitcoin Laws founder and

16:07

Apollo CEO Julian Farrer told Cointelegraph

16:09

he expects SB 1373 will pass

16:11

the House, though it may merge

16:13

with another crypto -related bill, such as

16:15

the SB 1062, which aims

16:17

to expand the definition of legal

16:19

debtor and to include a crypto

16:21

currency. Arizona is the new leader

16:23

for the state Bitcoin Reserve race,

16:25

where yet? Arizona let's go SB

16:27

1373 has been passing through Arizona's

16:29

legislative alongside Arizona strategic pick on

16:31

reserve act SB 1025 Which only

16:33

includes the pre little bitty the

16:35

bill proposes allowing Arizona's Treasury and

16:37

the state retirement system invest up

16:39

to 10 % of the available

16:41

funds into the bitty SB 1025

16:43

also passed Arizona House Committee as

16:45

a whole April 1st and is

16:47

awaiting a full floor vote Send

16:49

it, baby. Also. We have Utah

16:51

passing a bill legislation on March

16:53

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Copyright 2025 Bank of America Corporation. Scrapping

17:26

the cornerstone provision established in the Bitty

17:28

Reserve in the final reading. The Texas

17:30

Senate passed Bitcoin Reserve bill also on

17:32

March 6th, while a similar bill recently

17:34

passed New Hampshire's house, give it up

17:36

for the new hamsters. While

17:38

Arizona has seen most of the progress,

17:40

Farer believes that the Texas bill is

17:42

the best shot. So you're telling

17:44

me there's a chance at being

17:46

signed into law, noting it has seen

17:48

the fewest explicit roadblocks thus far.

17:51

And if you don't know now, you

17:53

know, state adoption coming to a

17:55

state. near you. Here's the

17:57

latest from Mr. OG himself,

17:59

Adam Back, who many still believe

18:01

is Satoshi, by the way. He

18:03

says quantum computers are likely to

18:06

reveal if Satoshi is alive. Early

18:08

cyberpunk, Mr. Adam Back, the OG

18:10

himself, cited Satoshi in the Bitcoin

18:12

White Paper, suggesting quantum computing pressure

18:14

may reveal whether the blockchain synonymous

18:16

creator is still alive. And what's

18:18

your thinking? Yay or nay to

18:20

Satoshi being alive? Let me know

18:22

in that live chat. During the

18:24

interview at the Q &A session of

18:26

the Satoshi event in Turin on

18:28

April 18th, back suggested that quantum

18:30

computing may force Nakamoto to move

18:32

their Bitcoin. That's because according to

18:34

back, Bitcoin hollers will be forced

18:36

to move their assets to a

18:38

newer quantum resistant signature based addresses.

18:40

powerful. Back said that the current quantum

18:42

computers do not pose a credible

18:44

threat to Bitcoin's cryptography, but will likely

18:46

threaten it in the future. Back

18:48

estimated that the quantum computers may evolve

18:51

to the extent in maybe 20

18:53

years, meaning all of your Bitcoin will

18:55

eventually have to go to a

18:57

new updated wallet which can be hacked

18:59

by quantum computing over the next

19:01

20 years, according to the OG. When

19:04

the threat becomes real, backs of the

19:06

Bitcoin community will have to choose between

19:08

depreciating old vulnerable addresses or letting those

19:10

funds be stolen, quitting them here. If

19:12

the quantum computers are here and people

19:14

at universities and research labs have access,

19:16

the network has a choice to either

19:19

let people steal them or to freeze

19:21

them to depreciate. the signature. Adam

19:23

Back expects the community to go with

19:25

the former option, forcing Bitcoin's autonomous crater.

19:27

So ultimately, if Satoshi is still alive,

19:29

he's going to be forced to move

19:31

his funds, which will verify Satoshi is

19:33

alive. And then naturally, if he never

19:36

moves it, all those coins will get

19:38

lost and donated to the network. And

19:40

then it'll prove Satoshi is probably Unalived

19:42

still back said that whether such a

19:44

situation will reveal as Satoshi is alive

19:46

also depends on the Bitcoin future privacy

19:48

features Quitting them here. It depends on

19:50

a bit of the technology. There are

19:53

some research ideas that could add privacy

19:55

to the bitty So possibly there might

19:57

be ways to fix quantum issues while

19:59

keeping privacy still not everyone is convinced

20:01

that privacy enhancements are not such as

20:03

a scenario would reveal whether Nakamoto was

20:05

alive an anonymous early Bitcoin miner and

20:07

member of the Bitcoin community shared that

20:09

he does not expect Nakamoto's coins to

20:12

be moved, as shared here, even if

20:14

he is alive and holds the private

20:16

keys, I do not think he'd move

20:18

them. Based on how he acted so

20:20

far, I would rather expect to let

20:22

the community to decide. And

20:24

he also added that since this is

20:26

a controversial choice, it makes sense to

20:28

let the community decide. He said that

20:31

he'd be surprised if Nakamoto came out

20:33

of the woodwork to move the assets.

20:35

And I'm in that camp as well.

20:37

I don't think he is alive and

20:39

or he would move it regardless. And

20:41

I think he would just dedicate it

20:43

to the network. Either way, now the

20:45

quantum resistant on Bitcoin back explained most

20:47

quantum resistant signature implementations either unproven in

20:49

terms of security or very expensive from

20:51

a data perspective. He cited lamp or

20:53

signatures for the old and proven design,

20:55

but pointed out that the weight. They

20:58

weigh tens of kilobytes, and consequently, he

21:00

suggested that Bitcoin should be prepared to

21:02

switch to quantum -resistant signatures, but only

21:04

do so when necessary, which again could

21:06

be 20 years from now. He suggested

21:08

a Bitcoin taproot -based implementation, allowing addresses to

21:10

switch to quantum -resistant signatures when needed.

21:12

And there you have it, which goes

21:14

to show you that the bit coiners

21:16

will always be ahead of the quantum

21:18

computing because a common thing is like,

21:20

dude, we got to worry quantum computers

21:22

are going to attack or hack all

21:25

of our crypto. Well, we'll be on

21:27

top of things because we're not art

21:29

hearted. Are we bitty broskies?

21:31

I want to share with you the

21:33

latest from the gigachat, including 21

21:35

Bitcoin troops, which he just published on

21:37

X. And also this headline reads,

21:39

Sailor says ETF investors stronger hands will

21:42

help stabilize. the Bitcoin,

21:44

referring to like ETFs such

21:46

as BlackRock, etc. So

21:48

yeah, let's break this down. Balchunas

21:50

pointed out that the spot Bitcoin

21:52

ETFs have attracted 131 million over

21:54

the past 90 days and are

21:56

up 2 .4 billion since January

21:58

1st. He called this impressive, noting

22:00

it helps explain why Bitcoin has

22:02

been relatively stable. its owners are

22:04

more stable, he says. Balchuna said

22:06

Bitcoin ETF investors have much stronger

22:08

hands than most people think. He

22:11

said this should increase the stability

22:13

and lower Bitcoin's volatility and correlation

22:15

in the long term. Saylor's firm,

22:17

Strategy B, made its latest Bitcoin

22:19

acquisition April 14th, acquiring $3 ,459 of

22:21

the biddy for $285 million at

22:23

an average price of $82 ,600

22:25

per coin. According to the Saylor

22:27

tracker, strategy holds now 531 ,644 BTC.

22:30

This episode is brought to you by

22:32

State Farm. You might say all kinds of

22:35

stuff when things go wrong, but these are

22:37

the words you really need to remember. Like

22:39

a good neighbor, State Farm is there. They've

22:41

got options to fit your unique insurance needs,

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meaning you can talk to your agent to

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a claim right on the State Farm mobile

22:53

app, and even reach a real person when

22:55

you need to talk to someone. Like a

22:57

good neighbor, State Farm is there. This

23:08

time, Bitcoin is trading at around

23:10

just shy of $85 ,000. And

23:12

over the past 30 days, Bitcoin

23:15

traded between $75 ,000 and $88 ,000

23:17

amid macroeconomic uncertainty primarily driven by

23:19

Trump's imposed tariffs and the ongoing

23:21

questions about the future of the

23:23

US interest rates. Despite this, Bitcoin

23:25

remained above its previous all -time high,

23:27

which is roughly $73 ,600 first

23:29

surpassed back in November. Participants

23:31

in the broader financial market have also

23:33

expressed surprise at Bitcoin's relative strength

23:36

in recent times, particularly in comparison to

23:38

the S &P. And now, again, I

23:40

wanted to read. to you, the

23:42

21 truths of Bitcoin, Asper Michael Saylor.

23:44

He recently shared this, it looks

23:46

like dated April 17th. This was yesterday

23:48

at 1 .29 PM, 21 truths of

23:50

Bitcoin. Number one, Bitcoin is an

23:53

ideology. Number two, Bitcoin is a protocol.

23:55

Number three, Bitcoin is an asset.

23:57

Number four, Bitcoin is a network. Number

23:59

five, Bitcoin is immaculate. Number six,

24:01

Bitcoin is ethical. Number seven, Bitcoin is

24:03

a commodity. Number eight, Bitcoin is

24:05

a digital commodity. Number nine, Bitcoin is

24:07

digital scarcity. Number 10, Bitcoin is

24:10

digital goal. Number 11, Bitcoin is digital

24:12

money, number 12, Bitcoin is perfect

24:14

money, number 13, Bitcoin is legitimate, number

24:16

14, Bitcoin is corporate, number 15,

24:18

Bitcoin is global, number 16, Bitcoin is

24:20

immortal, number 17, Bitcoin is digital

24:22

energy, number 18, Bitcoin is a digital

24:24

energy network, number 19, Bitcoin is

24:27

a digital economic system, number 20, Bitcoin

24:29

is a digital defense system, and

24:31

number 21, Bitcoin is an emerging star

24:33

system. And if you don't know,

24:35

now you know. as per Mikey Saylor.

24:37

Now for our featured story the

24:39

day, will the United States literally dump

24:41

their gold reserves for Bitcoin for

24:44

their strategic Bitcoin reserve? Well,

24:46

let's break this down. We've been hinting

24:48

this for a while as there's

24:50

many net neutral ways for the United

24:52

States to acquire Bitcoin. So is

24:54

this the dawn of a new reserve

24:56

era from gold to treasuries to

24:58

Bitcoin? Let's break her down.

25:00

The U .S. has long relied on

25:02

the U .S. dollar and U .S. treasuries

25:04

as the twin pillars of its

25:06

economic, fiscal, and monetary strategies. But what

25:08

happens when all these instruments lose

25:10

their luster and become lackluster? According to

25:12

the Bitcoin Policy Institute, head of

25:15

policy, Zach Shapiro. The current

25:17

financial system is entering a historic inflection

25:19

point. In a recent interview, they

25:21

shared with the Bitcoin Policy Hour, noting

25:23

that the U .S. announces we are

25:25

buying a million Bitcoin as just

25:27

a global size make shock. In fact,

25:29

we covered that in great detail

25:32

yesterday that the Bitcoin price they believe

25:34

the Bitcoin Policy Institute would soar

25:36

literally skyrocket to a million per coin

25:38

just off the announcement of the

25:40

US purchasing a million Bitcoin. They say

25:42

we're probably go very quickly to

25:44

something like a million dollars per pretty

25:47

little bitty going up forever, Laura.

25:49

And while the changing monetary order, a

25:51

potential movement from treasuries as the

25:53

reserve assets towards the bitty is largely

25:55

evident for those with eyes to

25:57

see, the paths that can be taken

25:59

on that journey are a myriad

26:01

of gold's role is the largest question

26:04

mark facing the market. Recent discussions

26:06

around revaluing the US gold holding still

26:08

officially priced at $42 per ounce,

26:10

the derivatives, could unleash nearly

26:12

a trillion in new purchasing power

26:14

should the United States decide to

26:17

draw upon it. What would the

26:19

US do with that windfall? Well,

26:21

the Bitcoin Institute's policy thinkers are

26:23

right. It might be deployed to

26:25

acquire a strategic Bitcoin reserve in

26:27

a budget neutral manner, precisely, in

26:30

alignment with the remit of

26:32

the strategic Bitcoin reserve executive order

26:34

recently signed by the Trumpster. Now,

26:36

gold is ancient. Bitcoin is strategic.

26:38

One of my favorite quotes from

26:40

Max Kaiser. Gold is the

26:42

poor man's bitcoin, which is

26:44

right in alignment here. Gold is

26:47

ancient. Bitcoin is strategic. According

26:49

to Matthew Pines, executive director of

26:51

BPI, frames the choice in

26:53

stark geoeconomic terms. In terms of

26:55

strategic leverage, there is a

26:57

asymmetric advantage for the United States

26:59

to having Bitcoin monetized relative

27:01

to gold. Pines went to note

27:03

that the US and its

27:05

population owns 35 % of all

27:07

the Bitcoin in circulation. a ratio

27:09

that gives Washington serious incentive

27:11

to prefer digital over metallic money.

27:13

Gold, despite its historical credibility,

27:15

is centralizable, expensive to transport, and

27:17

incompatible with the 21st century

27:19

economy. And while central banks

27:21

continue stacking it, As a

27:24

hedge against the weaponization of treasuries,

27:26

its utility as a modern

27:28

reserve asset remains constrained. Bitcoin by

27:30

contrast is fast, global, and

27:32

increasingly liquid. A networked form of

27:35

monetary energy that size steps.

27:37

The geopolitical choke points that define

27:39

traditional finance. The post dollar

27:41

world has already begun. The dollar

27:43

remains dominant. but fragile, according

27:45

to Shapiro citing Triffin's dilemma, noting

27:48

how the US must increasingly

27:50

choose between domestic economic goals and

27:52

the international demand of the

27:54

reserve currency issuance. Sanctions like those

27:56

imposed on Russia's dollar reserves

27:58

in 2022 shook the global confidence

28:01

and the neutrality of the

28:03

US assets. You

28:05

know that feeling when someone shows up

28:08

for you just when you need it most?

28:10

That's what Uber is all about. Not

28:12

just a ride or dinner at your door.

28:14

It's how Uber helps you show up

28:16

for the moments that matter. Because showing up

28:18

can turn a tough day around. Or

28:20

make a good one even better. Whatever

28:23

it is, big or small, Uber

28:25

is on the way. So you

28:27

can be on yours. Uber,

28:29

on our way. And

28:32

since then, foreign central banks have

28:35

responded by moving rapidly into the

28:37

gold. And in some cases, into

28:39

the pre -lobity going up for

28:41

Avalora. The Treasury is becoming less

28:43

of a neutral reserve asset, according

28:45

to Shapiro. Reference escalating disorder in

28:47

the bond markets and the US

28:49

perceived a politicization of the financial

28:51

power. And I also may add

28:54

the de -dollarization from the US dollar,

28:56

such as the BRICS movement, being

28:58

a great example of that. Yet

29:00

both he and Pine stressed that

29:02

the America still has tools, and

29:05

Bitcoin may be the most potent

29:07

amongst them by shifting revenues into the

29:09

bitty, the US can reduce reliance

29:11

on debt issuance. In fact, we can

29:13

reduce up to 50 % or more

29:15

of the debt, according to Lummis,

29:17

just by establishing a strategic Bitcoin reserve

29:19

or maybe offloading the gold and

29:21

trading it for the... and

29:24

securing asymmetric leverage in a

29:26

digitized world, the act from a

29:28

position of strength, country's

29:36

superpower, Bitcoin superpower in the world. So

29:38

whatever country is going to be the first

29:40

to stack 1 to 5 million, Bitcoin

29:43

will most likely be the only one to

29:45

do so and become a literal Bitcoin

29:47

superpower. Will it be the US? Will it

29:49

be China? Will it be Russia? What

29:51

are your thoughts? The strategic Bitcoin reserve, is

29:53

it a national imperative? Yeah,

29:55

man, under the executive order now, got

29:57

into the Trumpster administration. The Bitcoin

29:59

strategy departments like the Treasury and Commerce

30:01

are already exploring the budget neutral

30:03

pass. Michael Saylor already laid out a

30:06

Dozen plus viable options for the

30:08

administration to acquire Bitcoin one of them

30:10

is revaluing their gold holdings And

30:12

also we need to do the audit

30:14

already at Fort Knox to understand

30:16

if we even have it and also

30:18

selling surplus federal assets which could

30:20

include real estate gold and spectrum rights

30:23

Also, what about just printing money out

30:25

of thin air and trading it

30:27

for the hardest asset in human history?

30:29

We're using tariff revenues or royalties.

30:31

In fact, we can reduce the entire

30:34

national debt using any of these

30:36

methods as well. Pines emphasizes the urgency

30:38

of the institutional execution. She says,

30:40

words matter, especially when they come from

30:42

the White House. He said, my

30:44

bad. And in executive order, stating Bitcoin

30:46

is strategic, it itself is a

30:48

global signal. However, he also heightened the

30:50

bureaucratic like inertia as the real

30:52

challenge. Obviously, there's still enemies of Bitcoin.

30:55

There's a massive difference between the

30:57

speed at which the White House wants

30:59

to move and the ability of

31:01

the federal bureaucracy to follow. Yeah,

31:03

I mean, now from theory to

31:05

detonation, the global fallout, the US with

31:07

the Bitcoin pivot, if America were

31:09

to allow through on large acquisition of

31:11

the bitty, the effects would be

31:13

both immediate and far reaching. Other nation

31:15

states will see that they can't

31:18

be left behind, sparking the global hash

31:20

wars coin by Max Kaiser. And

31:22

I think that's just a given, would

31:24

that spark Russia and China to

31:26

try to get the first movers advantage

31:28

becoming the Bitcoin superpower of the

31:30

world? I think so. Both Shapiro and

31:32

Pines agree whatever your view on

31:34

the Triffin's Dilemma or the monetary policy

31:36

history, Bitcoin is now too strategic

31:38

to ignore. Bitcoin is indispensable. Wherever

31:41

we're going next, it's going to help

31:43

us. get there. So whether the US

31:45

will truly dump gold is yet to

31:47

be determined, I think it's likely, what

31:49

are your thoughts? But the quote, the

31:51

late Charlie Munger, show me the incentives

31:53

and I'll show you the outcome, the

31:55

incentives given the US and China competition,

31:58

the game theory, and America's relative dominance

32:00

with regards to the domestic Bitcoin holding

32:02

suggests. And about face on

32:04

gold would very well be

32:06

on the cards. But you let

32:08

me know, obviously, We

32:10

hold the cards, not China. China

32:12

doesn't hold the cards. We

32:15

hold the cards. Nipponator holds the

32:17

cards. So let me know your thoughts, family,

32:19

and I'll read your comments out loud and

32:21

welcome everyone to the Q &A segment of

32:23

the live stream. Trump just gave

32:25

back the lands of some of the

32:27

tribes of the NW. Good.

32:31

That means the indigenous people got some of their

32:33

lands back. That's a step in the right direction. Please

32:36

such be there is no way

32:38

any country gonna mass 5 million big

32:40

what if it was a long -term

32:42

strategy brother? Like a 10

32:45

-year play or something and they're like

32:47

so what would that be a half

32:49

a million Bitcoin per year in my

32:51

opinion would be very doable because Michael

32:53

Saylor purchases an insane amount of Bitcoin

32:55

I don't know how he does it,

32:57

but he gets his hand on sometimes

32:59

two billion dollars worth of Bitcoin in

33:01

a single week So if they can

33:03

do it why can't? America

33:05

do it. Chickadee,

33:07

China. Chickadee, Chickadee,

33:09

Chickadee, Chickadee. Exactly. How

33:12

many bitcoins are there? 14 million. 1

33:14

.1 held in the original Satoji wallets.

33:16

And there has never moved. 3 .6 has

33:18

made it be permanently lost. 1 .5

33:20

million had to be mine. Who's selling

33:22

5 million to anyone? Well, I

33:24

would dare assume there's probably 2 million on

33:26

the exchanges. Is there a number

33:28

out there you can verify? So

33:30

let's just say 2 million are in the

33:33

open market right now. When

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34:01

buys them, they trade their gold reserves for it,

34:03

and then they have a long -term plan to

34:05

acquire, just hypothetically speaking, if they were to go

34:07

the route of purchasing 5 million, which is 25 %

34:09

of the circulating supply. And then over

34:11

the course of the next few years, they acquire some

34:13

more, I mean, as fast as

34:15

they can get in, who knows? Maybe

34:17

they're going to seize it from the

34:19

next batch of criminals, because that's currently

34:21

how the United States has acquired all

34:24

their Bitcoin, because they seize it from

34:26

the other criminals. So we got criminals

34:28

seizing Bitcoin from other criminals, but we

34:30

need to change that, and they need

34:32

to start acquiring it strategically, not just

34:34

from stealing it. And don't forget to

34:36

check out crypto news alerts .net for the

34:38

full premium experience with video and to

34:40

participate in our live Q &A and

34:42

I look forward to seeing you on

34:44

tomorrow's episode, hodl

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