0:00

Lovell Marhatum, controversial social media

0:02

influencer Andrew Tate brings up

0:04

some interesting concepts in this

0:06

video he posted on X

0:08

recently with the caption The

0:10

Downside of Bitcoin imposed the question

0:12

can any Bitcoin Maxies argue

0:14

against this? Check it out. I've so much Bitcoin

0:16

on it. I just like to observe

0:18

the downside because we talk about countries

0:21

making Bitcoin a national reserve we

0:23

talk about it overtaking gold and

0:25

all these fantastic things and I agree

0:27

with all of it My question, and this

0:29

is a genuine question, I'm not giving

0:31

you the answer, I'm actually asking, what

0:33

happens to the economy once everybody

0:35

realizes there is only one investment

0:37

worth making on the planet? And basically

0:40

throughout the video, he makes a

0:42

case for people being more incentivized to

0:44

simply buy and hold Bitcoin, then

0:46

work, produce, build, create, or develop

0:48

anything in the economy like useful products,

0:50

services, infrastructure, food, houses, etc. Hello,

0:52

I'm Kipto Casey, and in this video

0:55

we are going to explore Andrew

0:57

Tate's question to Bitcoin maximalists about the

0:59

potential downside of Bitcoin on the global

1:01

economy and some great responses he received

1:04

that we should all be mindful

1:06

of as crypto investors. Let's it. Please

1:10

be sure to check at our sponsors Go

1:13

Baby Trade, Uphold, and crypto wallets tandem

1:15

and ledger. Benefit from the AI robotic

1:17

revolution that is just beginning by making

1:19

profit from the volatility of crypto markets

1:21

without staring at screens all day with

1:23

Go Baby Trade. An AI-driven robotic crypto

1:25

trader that trade 24-7 for passive income.

1:27

Watch a full video review here and

1:29

join the free weekly webinar to learn

1:31

more. Store your money and manage crypto

1:33

with Uphold. a web-3 platform that actually

1:35

holds our money and crypto. It's connected

1:37

to 30 underlying exchanges, giving us the

1:39

best possible prices for crypto with more liquidity.

1:42

So it's a way better and safer option

1:44

to buy, sell, and trade our digital assets.

1:46

And make sure you own and use multiple

1:48

cold storage harbor wallets. Tangem is super affordable,

1:50

extremely easy to set up, only takes like

1:53

90 seconds great for beginners, and ledger stacks

1:55

and flex wallets have extra security layers, and

1:57

our community gets the best discounts on the

1:59

market. to scroll down and use the

2:01

links below to redeem any special offers

2:03

they have for us. Sweet. Okay, after

2:05

Andrew Tate posted his video, there were

2:07

a ton of great responses that will

2:09

deepen our understanding of Bitcoin and give

2:11

us some great insights we can share

2:13

with our friends and family to spread

2:15

awareness about the implications of the crypto

2:17

industry on the world at large. One

2:19

response was from the author of the

2:22

Bitcoin Standard, Safedine Amos, and the other

2:24

one from an ex user that goes

2:26

by the name of Stackholder. I definitely

2:28

recommend following both accounts on eggs for

2:30

amazing Bitcoin and crypto content. All right,

2:32

we are going to watch about a

2:34

six-minute condensed version of Andrew Tate's 11-minute

2:36

video to understand his standpoint when considering

2:38

the potential downside of Bitcoin, and then

2:40

we will go through Amusses and Stack

2:42

Holder's responses. And the problem we currently

2:44

have with this Bitcoin cycle is that

2:46

nothing can outper Bitcoin, which sounds great,

2:48

but I'm starting to sense. A genuine

2:50

breakdown in capitalism. I'm being serious here,

2:52

gentlemen. People submit me to this idea

2:54

all the time. I'm making this video

2:56

because 48 minutes ago, I was sent

2:58

a business proposal by a very good

3:00

friend of mine. A man I've done

3:02

business with many times before. He's German.

3:04

He's extremely competent. He knows exactly what

3:06

he's doing. He's a hotelier. He wants

3:09

me to invest $16 million into a

3:11

hotel in Switzerland. And I've looked at

3:13

his whole proposal. And I've looked at

3:15

his whole proposal proposal. Get this hotel,

3:17

we have to find staff, we need

3:19

plates, cups, we've got to make sure

3:21

we're not getting ripped off on the

3:23

stakes, we've got to make sure he's

3:25

not feeding his friends for free, we've

3:27

got to do all the licensing, we've

3:29

got to make sure there's a fire

3:31

extinguisher in every corner, we've got to

3:33

get the hotel fitted out, we've got

3:35

to advertise it, we've got to put

3:37

people in it, then if I ever

3:39

want to sell it, and then accidentally

3:41

lose it and I'm done. I ain't

3:43

gonna mess around, I got to sign

3:45

her papers, I ain't gonna read German,

3:47

couldn't talk and she got she knew

3:49

what got and she got, she got

3:51

wagging goggin, I'm fucking Bitcoin. And now

3:53

I find myself, every time someone offers

3:55

me a business opportunity, and I have

3:58

endless, commercial property, building warehouses, hotels, another

4:00

cigar bar, another restaurant, another coffee shop,

4:02

all these things I own, I'm like,

4:04

I'll just buy more Bitcoin. But how

4:06

can capitalism function when everybody realizes this?

4:08

Where's the investment? Who's going to build

4:10

anything? I don't even want cheap real

4:12

estate anymore. I don't want your cheap

4:14

real estate. I don't want your business

4:16

ideas. All I want is Bitcoin. Now

4:18

that's just me, I understand. But as

4:20

the whole world realizes this, I'm asking

4:22

you, people at home, how can things

4:24

continue to function if everybody's just trying

4:26

to get Bitcoin and nobody's trying to

4:28

invest in anything else? I'd rather just

4:30

buy Bitcoin. And I think everyone's basically

4:32

thinking the same now. The world's smartest

4:34

people, besides Elon, who's doing real stuff,

4:36

aren't doing real things. They're hiding behind

4:38

cartoon avatars and getting little magic internet

4:40

coins on block chains. And nobody's building

4:42

anything. Nobody's investing anything. Nobody with capital

4:45

is interested in doing anything else. I

4:47

don't know the conclusion of this. However,

4:49

I identify from a personal perspective that

4:51

to a degree capitalism must be broken.

4:53

I don't know how this is going

4:55

to play out. As Bitcoin continues to

4:57

outperform everything forever. Everyone scrambles for Bitcoin.

4:59

Bitcoin owners get monumentally wealthy. That's fine.

5:01

Most Bitcoin owners never want to sell

5:03

it because it's deflationary. The only thing

5:05

worse for an economy than inflation. But

5:07

I said to you that Ferrari will

5:09

be worth you could buy that Ferrari

5:11

for half the price next year You'd

5:13

wait and then when that year rolls

5:15

around to say wait another year you

5:17

get it for half the price you

5:19

wait again money stops moving with deflation

5:21

Deflation will crash an economy quicker than

5:23

inflation So how does the economy continue

5:25

to function? How do things continue to

5:27

get built? How do investments continue to

5:29

happen as the world wakes up and

5:32

realizes that Bitcoin's the best investment? Because

5:34

it is it is better than everything

5:36

else for a Ask Michael Saylor, he'll

5:38

explain it in some fantastic way, he'll

5:40

use dungeons and dragons. I ain't got

5:42

time, I'm just telling you it's the

5:44

best, because I can instantly liquidate it.

5:46

I buy that hotel... Gunntenfaggen, Suptenfaggen, brah.

5:48

I've got to do. So the downside

5:50

of Bitcoin is I think it's going

5:52

to genuinely stop the economy if it

5:54

continues on this run. What's the solution

5:56

to this? Well, I don't know if

5:58

it can be sought. How do we

6:00

plan for these things? Game theory would

6:02

argue that you should just get as

6:04

much Bitcoin as possible with me on

6:06

the right side of history. That's fine.

6:08

I want all of it. I want

6:10

hotels, I want jescos, I want pugades,

6:12

I want jet, I want a yacht,

6:14

I want Bitcoin, I want everything. So

6:16

somebody needs to give Stefan Strauss, Mr.

6:18

Germany, this 16 mil. But I ain't

6:21

going to do it. Are you? I'm

6:23

just like to observe the downside because

6:25

we talk about countries making Bitcoin a

6:27

national reserve, we talk about it overtaking

6:29

gold and all these fantastic things. And

6:31

I agree with all of it. My

6:33

question, and this is a genuine question,

6:35

I'm not giving you the answer, I'm

6:37

actually asking, what happens to the economy

6:39

once everybody realizes there is only one

6:41

investment worth making on the planet? Sweet.

6:43

So now we understand where Andrew Tay

6:45

is coming from and the inspiration behind

6:47

his concerns about the potential downsides of

6:49

Bitcoin on the global economy and society

6:51

at large. Next, we are going to

6:53

let Safadina Moose have the floor. Here

6:55

was his written response to Andrew Tate's

6:57

video post. Bitcoin is a better investment

6:59

than Swiss hotels or restaurants or car

7:01

factories because Bitcoin is offering a far

7:03

more valuable product to the world. A

7:05

replacement for central banks. Since central banks

7:08

are the absolute worst, most criminal and

7:10

most destructive thing on earth, there's an

7:12

enormous market reward for anyone that can

7:14

offer people an alternative. When you buy

7:16

Bitcoin, you are growing the Bitcoin pool

7:18

of liquidity and offering people a money

7:20

better than central bank slavery. You're making

7:22

Bitcoin better and the market rewards you

7:24

for your investment. The world needs a

7:26

central bank replacement a lot more than

7:28

Switzerland needs another hotel. But this is

7:30

a transitory phase that cannot last forever.

7:32

Bitcoin can't keep replacing central banks forever.

7:34

Eventually, it replaces them all, and when

7:36

they and all of their shite coins

7:38

are dead, Bitcoin won't be making enormous

7:40

returns anymore. It only makes enormous return

7:42

by eating other crappy forms of money,

7:44

but when all the crappy monies die,

7:46

Bitcoin only grows in value as the

7:48

production of other goods and increases. It

7:50

will only appreciate at 1 to 5%

7:52

per year in terms of most goods

7:54

and services. At that point, Swiss hotels

7:57

become attractive again. Deflation is not a

7:59

bad thing, and this is the biggest

8:01

and most criminal scyop ever perpetuated on

8:03

humanity, because everything evil is downstream from

8:05

government inflation. And this is the justification

8:07

for inflation. Deflation is just another word

8:09

for economic growth. It is completely normal

8:11

and good that things become cheaper over

8:13

time. That's why we work. Work produces

8:15

things and when things become more abundant,

8:17

they become cheaper. The market chooses the

8:19

money that is the hardest to make

8:21

precisely because the limit on supply growth

8:23

makes it depreciate the least. The natural

8:25

order is that everything gets cheaper. This

8:27

does not mean that nobody would be

8:29

consuming or investing. People do not consume

8:31

just because they expect their money to

8:33

depreciate. They consume to survive and to

8:35

enjoy life. It doesn't matter how much

8:37

cheaper you expect food, clothing, or shelter

8:39

will be next year. You want these

8:41

things today and will pay for them

8:44

today to use them today. Everyone knows

8:46

their laptop and phone will be significantly

8:48

cheaper next year, and yet they all

8:50

buy it. It's true that appreciating money

8:52

will make you less likely to spend

8:54

money on frivolous BS you don't need.

8:56

And that's a good thing. Debt-fueled mass

8:58

consumption is a moral disaster for humanity,

9:00

and Bitcoin can't kill it soon enough.

9:02

The world doesn't need you to waste

9:04

money on stupid BS. And people don't

9:06

just invest because they expect money to

9:08

depreciate. They invest because productive activity produces

9:10

a surplus over holding money. And the

9:12

key thing to remember is that money

9:14

would not appreciate if people weren't investing

9:16

in producing. So it's impossible to imagine

9:18

a scenario where nobody invests, but money

9:20

appreciates. And some, deflation is great. And

9:22

it's the absolute best thing about the

9:24

coin. Coin being deflationary makes it the

9:26

best investment opportunity in the world for

9:28

as long as central banks exist. You

9:30

are being perfectly rational to not want

9:33

to invest in things that aren't as

9:35

productive, morally imperative, and important as ending

9:37

central banks. There will be plenty of

9:39

time and money for Swiss hotels when

9:41

central banks are dead. Wow, Mike dropped.

9:43

Insanely great response. And we can all

9:45

play a part in accelerating the demise

9:47

of central banks and the corrupt. rigged,

9:49

failing global financial system, designed to enslave

9:51

us in the world at large, by

9:53

spreading awareness, buying Bitcoin by owning and

9:55

using multiple cryptocurrency hardware wallets like tangent

9:57

and ledger devices, and by being involved

9:59

in the crypto industry by opening accounts

10:01

with the next generation of finance, like

10:03

uphold. It's a web-3 decentralized platform that

10:05

is completely free to use, only takes

10:07

like 90 seconds to set up, and

10:09

it provides us with a way safer

10:11

better option for storing our US dollars,

10:13

our fiat currency, then banks. and provides

10:15

us with a way safer and better

10:17

option to trade and manage crypto than

10:20

exchanges. Check it out. When we store

10:22

our U.S. dollars or crypto an uphold,

10:24

it actually stays there. It's 100% backed.

10:26

In fact, they publicly list and update

10:28

their balance sheet every 30 seconds for

10:30

anyone to see any time. And they

10:32

offer U.S. dollar interest accounts to U.S.

10:34

users that are FDIC insured up to

10:36

$2.5 million. Well, right now, as we

10:38

speak, all our money in a bank

10:40

isn't there. They don't publicly list their

10:42

balance sheet because they don't keep our

10:44

money. They lend it out against our

10:46

will. accounts where we accrue interest on

10:48

our money. And banks only ensure up

10:50

to 250K, not the 2.5 million like

10:52

Uphold. Now when it comes to crypto

10:54

exchanges, if everyone withdrew all of their

10:56

Bitcoin and cryptocurrencies to their own wallet,

10:58

there would not be enough to go

11:00

around. Multiple people are looking at the

11:02

same exact Bitcoin and crypto in their

11:04

account on their phone screens. While with

11:07

Uphold. All of our crypto is actually

11:09

there and 100% backed, and the platform

11:11

is connected to over 30 underlying exchanges,

11:13

which gives us the best possible prices

11:15

for all cryptocurrencies and way more liquidity

11:17

when trading crypto, all without having to

11:19

transfer funds between our traditional banks and

11:21

exchanges. It's free to sign up, so

11:23

scroll down and use links below to

11:25

access upholds correct and official site and

11:27

redeem all the special offers they have

11:29

for us. Amazing! Now let's go through

11:31

Stack Holder's written response to Andrew Tate's

11:33

video post. You just articulated one of

11:35

the best parts about Bitcoin. It will

11:37

make everything more affordable. Here's how. Without

11:39

Bitcoin, you're forced to invest in a

11:41

bunch of random stuff to grow your

11:43

purchasing power. Hotels, homes, speculative startups, etc.

11:45

Sure, you know a bunch of it

11:47

will fail, but you have so much

11:49

cash that you just spray and pray

11:51

that something hits and makes up for

11:53

the losses. That's capital misallocation. And it's

11:56

happening at scale. It inflates the price

11:58

of everything for everyone, including homes that

12:00

people need. So what happens when people

12:02

start stacking Bitcoin instead of dumping money

12:04

into real estate investments? The price of

12:06

homes that people actually need to live

12:08

in will fall. Prices are truth. They

12:10

are the market's way of telling you

12:12

the relative value themes. So if your

12:14

buddy can't get anyone to dump $16

12:16

million into a hotel, that means he's

12:18

holding the bag. He, or the bank

12:20

that owns the hotel, needs to re-value

12:22

the hotel much lower to whatever the

12:24

clearing prices. That's what happens when you

12:26

play around with 20th century stores of

12:28

value. at the dawn of Bitcoin. Asset

12:30

holders need to adapt or die. The

12:32

price of real estate will continue to

12:34

fall relative to Bitcoin because it's a

12:36

terrible store of value compared to Bitcoin.

12:38

Insurance costs, property tax, maintenance costs, tenant

12:40

headaches, natural disaster risks, pandemic risks, etc.

12:43

Capitalism won't stop though. At a certain

12:45

point, Bitcoin returns slow down when it's

12:47

properly priced closer to about $10 million

12:49

a coin in today's terms. And then

12:51

it may make sense to buy equity

12:53

in businesses that can offer cash flow

12:55

or rapid growth opportunities. But it's important

12:57

to remember, people won't stop consuming just

12:59

because they have Bitcoin. When someone has

13:01

surplus wealth, they eventually value time, experiences

13:03

material comfort more than incremental wealth. Or

13:05

they may want to fund entrepreneurs for

13:07

excitement, challenge, challenge, impact. And so Bitcoin

13:09

will incentivize people to save and carefully

13:11

allocate capital, but once they have enough,

13:13

they will still trade some of their

13:15

Bitcoin for goods and services. One last

13:17

thing, you said deflation is a bad

13:19

thing? Deflation is coming no matter what.

13:21

When AI and robots are doing 90%

13:23

of our work, that's massively deflationary because

13:25

they can do things way faster and

13:27

cheaper than humans, which should make the

13:29

price of everything fall. But you're right,

13:32

that deflation is bad for a debt

13:34

based economy because you can't pay back

13:36

back debt. if the currency the debt

13:38

is denominated in gets more valuable. That's

13:40

why central banks debase currencies to make

13:42

sure the debt-based economy doesn't implode. So

13:44

right now instead of letting technology gains

13:46

make things cheaper for everyone, central banks

13:48

actually make sure we all face 2%

13:50

growth in prices every year. And they'll

13:52

debase the currency as much as they

13:54

need to to make sure prices grow

13:56

instead of fall. Which is why things

13:58

get worse every year if you're stuck

14:00

in the Fiat system. Luckily anyone can

14:02

opt out of the inflationary system right

14:04

now by adopting finite Bitcoin. Bitcoiners are

14:06

already living in a deflationary world. We're

14:08

getting the full benefit of humanity's increasing

14:10

productivity. Everything around us is getting vastly

14:12

cheaper every four years. Anyone can opt

14:14

into this deflationary system at any time

14:16

and get the full benefit of the

14:19

AI robotic revolution that is just beginning.

14:21

Brilliant. And in crypto, we can all

14:23

actually start benefiting from the AI robotic

14:25

revolution now, instead of just trying to

14:27

buy meme coins and random cryptocurrencies hoping

14:29

to sell them higher to someone else.

14:31

Check it out. A year ago last

14:33

January, I started testing out an AI-enhanced

14:35

robotic crypto trader called Go Baby Trade.

14:37

Here's how it works. It's a product

14:39

that generates profit by capitalizing on the

14:41

volatility of the crazy crypto market. And

14:43

basically, we connect our coin base account

14:45

to the trader, select which cryptocurrencies we

14:47

wanted to trade, and then it does

14:49

its magic. Automatically trades crypto to generate

14:51

profit from price volatility. I personally tested

14:53

it out most of last year before.

14:55

finally comfortable to share

14:57

it with everyone,

14:59

in this video you

15:01

can check out

15:03

by clicking on the

15:05

link above. on the

15:08

at the top traders

15:10

over the past

15:12

year, we can see

15:14

that year, we starting

15:16

balance as low as

15:18

balance as low as $100.8 taken

15:20

over $132 worth

15:22

of gain overall. We've been getting a

15:24

gain great feedback We've

15:26

been getting a lot

15:28

of great feedback

15:30

from people about it

15:32

since we This it

15:34

together. This thing

15:36

has been an interesting

15:38

addition to my diversification

15:40

strategy in crypto, performing

15:42

extremely well and our

15:44

community, gets an exclusive

15:46

$1 ,000 discount. Every

15:48

week there is

15:50

a free webinar a

15:52

we can ask questions

15:55

we learn all about

15:57

how it works

15:59

to start all from

16:01

this AI to revolution

16:03

that is just beginning.

16:05

this AI click on

16:07

the link below to

16:09

sign up and

16:11

check it out just

16:13

If you would like

16:15

to learn more

16:17

about how GoBabyTrade works

16:19

to diversify our

16:21

crypto investment now. Awesome. check

16:23

out this video.

16:25

If you would like

16:27

to learn more

16:29

about how how it

16:31

is a way better,

16:33

safer If you would like to

16:35

exchanges to store Uphold

16:37

and manage our crypto,

16:39

a check out this

16:42

video. And to

16:44

start securing your money

16:46

in crypto right

16:48

now with uphold, click

16:50

on the link

16:52

on the screen. Like

16:54

Like and subscribe for

16:56

more. for Be safe out there. out there.