
Could Trump Trigger a Global Reset? Why Bitcoin Matters NOW! | Bitcoin Simply
About this episode
The Iran war was never really about Iran. Bessent has all but said the plan is to strangle China's oil supply, and if China gets boxed in, the retaliation could hit exactly where it hurts: the chips and components that run the US economy, most of which trace back to TSMC in Taiwan. Trump is already threatening to halt trade with every country the US runs a deficit with unless Fed Chair Warsh cuts rates, and China is no longer the buyer of US debt it used to be. If this economic war escalates, the likely playbook is print, debase, and watch a socialism movement rise on the other side of the inflation, according to David Friedberg's own read on the All-In podcast. Meanwhile Bitcoin ETFs pulled in hundreds of millions in a single day last week, and River's research puts Bitcoin between $250K and $840K by 2030 even without any of this playing out. Zero is the only wrong allocation.
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Simply Bitcoin — Could Trump Trigger a Global Reset? Why Bitcoin Matters NOW! | Bitcoin Simply. Machine-transcribed; use the interactive transcript above to jump the player to any line.
This is not a drill. The global reset is starting to happen. A recent podcast gave one of the most chilling predictions I've ever heard. BlackRockExec, one of the top execs, was told by Treasury. They had the program in place 20 years ago nearly. If we need to, we can pick up the phone and we can stop you from selling everything. This scenario isn't as far as I just think. And I think the conditions for it are starting to take shape. America's war with Iran is now beginning to have impacts on China. In this episode, I give my predictions on what this means and what steps you should be taking to protect your portfolio. This could lead to one of the worst economic collapses we've ever seen. And we've seen it before. And this has happened over and over and over and over and over and over. Everywhere in the world, basically, except America. This economic war with China may explain why Trump just threatened to crash the global economy if the Fed doesn't cut rates. And even without these doomed day scenarios, new research comes out showing that Bitcoin could be 840k by 2030.
The US debt situation is finally forcing our hand. Today, we lay out the likely scenario for an economic war with China and why it could happen. And then another doomed day scenario, socialism or both got Bitcoin? Maybe you should. This is down to cook with Bitcoin simply. Let's go. Let me put you on game right now. What's going on with the straight-of-horn moths is not having a major impact on the United States because we are the global leader in terms of oil and gas production. So while we've been able to stomach the pain with the straight-of-horn moths being cut off, that's not true for other people around the world. People like China who have to import massive amounts of oil from the straight-of-horn moths. And Scott Becant just made this known. Our worth Iran really isn't about Iran. It's so that we can strangle China. The things we've done and what the president's done is fantastic sequencing. So we are running Operation Economic Outcast right now. And this is the greatest economic isolation operation in the history of the world.
We are going to fixate this regime. Now we have the blockade. And because of the blockade, the oil is not getting out. So there's probably only about 30 million barrels of Iranian crude oil left. The China hasn't bought it. So that will run out soon. And there will be no problem with China buying because they have no product. So the blockade is blocking. It's working like nothing we've ever seen. And the combination, everyone says, oh, sanctions don't work. I can tell you blockade and sanctions are one of the most powerful one-two punches in the history of economic isolation. Did you ever imagine as Treasury Secretary? What's crazy about this clip from Scott Becant is that he's actually starting to use Trump's language. He says this is the greatest economic sanction that we've ever seen. But let me plot the scenarios. What happens logically if we back China into a corner? If there is only 30 million barrels of oil left,
in that they're eventually going to run out, how do you think they're going to respond? Our largest adversary who also happens to make a manufacturer all of the necessary parts and components and raw materials for all of the most major and important industries that we have in the United States. Well, they're going to snap back. And we're shutting down the straight-of-form us, but they're going to shut down the only industry where we have true growth prospects. Let me play this clip from Donald Trump so you can see exactly what I mean. Hopefully we're leading China in AI. And whoever wins AI wins. That's the power. This is bigger than the internet. This is a revolution. You know, we've had a few of them over the last 200 years. But this is a revolution. And I've seen some results that are credible medically. You know, we're coming up with things medically that we wouldn't have maybe in a hundred years. Whoever wins with AI wins. And it's really right now. It's really between China and us. Thank you very much.
Okay, let me connect the dots. Our economy is running on the Hopium of AI. The new wave of manufacturing jobs and reindustrialization is coming on the backs of AI. But all of the chips raw materials and components come from China. And mainly from this company called the Taiwan Semiconductor Manufacturing Company, TSMC. In order to strike back and to show force, China, all they have to do is roll out some chips around Taiwan to show military force. And what that's going to do, it's going to lock up the entire economy. You want to shut down the straight-of-form us? We're going to shut down the straight-of-taiwan. And that's going to cripple your entire economy, all of the growth prospects. Donald Trump in the United States government knows this. And that's why he's sending out these empty threats. We're going to stop trading with everyone who we have deficits with and threaten to shut down the global economy. If you, Kevin Worsh, don't cut rates. Because he knows that we have to invest in build. We need low interest rates so people can finance debt so they can start to begin this reindustrialization. But China's not going to let that happen. They're too smart. They know where weak and they know where vulnerable.
And they are no longer the largest buyer of our treasuries. And so what happens when the global economy starts to collapse? When the AI-hopium story starts to fade? Well, there's going to be a major collapse. And Luke Gromans says there's going to be a reset that we've seen before. It's only a matter of time to lens point until people running trillion dollar balance sheets get that. And when they do, they're going to go to hit the cell button. And it's not going to work. Like it didn't work. Like the buy button stopped working at Komex at Silver in 1980 with the Hunt Brothers. And then whatever your allocation is to everything, bonds, stocks, gold, Bitcoin, that's going to be your allocation. You're not going to be able to move. And then they're going to close things down for two weeks, three weeks. And when they reopen, you will own what you own at the new allocation. And I have two dear friends that immigrated here from Ukraine. They're American citizens now.
They've told me how this goes. Which is, we remember, I believe it was 1998. We had a month of money in the bank by five cars. We were wealthy. My dad was a doctor. They closed the bank on a Friday. They reopened it two weeks later. And the money we had in the bank, we got it all back and it bought us a month's worth of groceries. When people that are running trillion dollar balance sheets internalize enough that they realize that there's no stopping this train and that we're already past the point of no return, barring a productivity miracle. And so that might be your trigger of like, oh, if AI starts to break, then oh, then the whole thing might, that could get really fast. And you go, there isn't going to be a shift, an orderly shift, or even a one month shift of trillion dollar balance sheets in the golden Bitcoin. They'll shut the markets. And then they'll reopen them two weeks later. And Bitcoin will be where it is. Gold will be where it is. Stocks will probably reopen gap higher. Treasuries will have lost immense amounts of value relative to those assets.
And life will go on. This has happened over and over and over and over and over and over. Everywhere in the world basically except America. And so Americans who are, that's an American, I love America, we're the most ethnocentric, eubristic people in the world because it's never happened to us. We're sure it won't happen. And yet, look, I don't know when it's going to happen, but the math is telling you it's going to happen. Could it be next week? Sure. Could it be 10 years? Sure. Could it be 20 years? Sure. But that's how it's going to go. They'll just lock it down. And when I read that book, again, I think it was in own eight or own nine, maybe it was 11 records book. He flat out says a black rock exec, one of the top execs was told by Treasury. They have the, they have the program in place 20 years ago nearly. If we need to, we can pick up the phone and we can stop you from selling everything. This is a doomsday scenario if I've ever heard of one.
The worst actually. Everything you have being reset after everything shuts down and you have no control over the value of your assets. This has happened in other places in other countries. Just not to us in the United States. But our debt situation is forced our hand. But before we get to scenario two, about what can happen? What's the next likely outcome if this economic war with China begins? Let's thank our sponsors. Letting it's been the leader and Bitcoin back along since 2018. They allow you to borrow against your Bitcoin without getting any capital gains, without selling your coins. And they give you fiat in your account in less than six hours without any credit checks. They don't lend out your Bitcoin. They don't use it for other purposes. You can see all of your Bitcoin in the dashboard in a Bitcoin address. Bar, if the 50% of the value of your Bitcoin, repay it, top it off at any point. Letting gives you institutional grade loans so you never sell your most prized possession in zan assets and you can borrow in fiat. Get started with led in today by using the link in the descriptions. The next potential outcome of our debt situation and us not having people that want to buy our treasuries in our assets because we're strangling their assets
like in the straight of hormones with China. Well, what's going to happen is that we're going to have to print money. And what happens is we're going to depase the currency so much that we inevitably, because of the rise of inflation, we'll need to have a socialism party that will rise to power and offer a bunch of free goods. But this isn't just my opinion. This is from David Freiberg from the All-In podcast. When you look at this, you've talking about runaway trains. When you look at the national debt, though, it does look very much like a runaway train. That's inflation. Want to know where inflation comes from? That's where inflation comes from. By printing more dollars to pay for that debt, which is what happens. The federal reserve buys the debt and they issue dollars to the bank system, to buy the debt from the government. Remember, the federal reserve's separate from the government. The federal reserve can print dollars. They can send dollars to banks. And now the banks can loan money out, and it makes its way into the economy. Now, there's more dollars in the economy. And that money was owed back to the government at some point. But the federal reserve may never get paid back. They may just keep adding and adding and adding and adding. And they're just printing more and more dollars. Is that sustainable? No.
So I don't understand the force that's going to intervene to stop this sort of compounding debt. The outcome of this is socialism. That's the moment we're in right now. That's why we're seeing this wave of socialism. I've been saying for five years, we're going to face a wave of socialism. And after Donald Trump was elected, my prediction for the next year was that the next wave in politics in America will be socialism. And people thought I was crazy. And I'm like, it is absolutely inevitable if you look at this. This is where we're headed. It is de facto socialism. When the government employs roughly one half of the people of the United States. Bitcoin at 80K is the world finally realizing that the United States government is back into a corner in this global debt financial system that everything is propped up on is on shaky legs. It's not just America. It's China. It's Japan. It's the UK. It's been South America. They've been on lifelines for the last several decades. And this is why capital is beginning to flow into Bitcoin. $730 million floating in ETFs on a single day last week. The weekly volumes of Bitcoin have been rising every single week.
They were $956 million of inflows last week. And this is because the market sense that the Central Bank money printer is about to turn on. Are we beyond the bottom for Bitcoin? Is it only up from here? I think so. I think obviously you could retrace a bit. There's a massive and very painful short squeeze for a lot of folks. But I think the fundamental reason why Bitcoin reacted the way it did is that it's now common knowledge that the US debt level is so high and so expensive that they're resorting to de facto yield curve control. And that was the admission by Besson Bedi had to conduct these up size of buybacks of the long end by funding it by issuing more bills at the short ends. And I think the market is like, okay, great. We know what this is. This is Bank of Japan. They might not call a yield curve control. They call it treasury buyback. They'll be for the funky games. But at the end of the day, it's money printing. And you know, Bitcoin and no coins and all these things respond very well to central bank money printing. If governments and central banks try to paper over bad decisions,
we're going to be the one stuck with the consequences like we have for the past 30 years. We're going to be the one stuck holding the bag. That's unless you save in Bitcoin. Listen to Fong Lee give this great explanation as to what happens when this economic war and collapse happens. Of course. So denominated in Bitcoin, if you put your money in Bitcoin versus US dollars, that burrito is actually four times cheaper. Denominated US dollars, that burrito is two X more expensive. So that's the US example. Now you go to Argentina and take that example, the burrito would make it a gallon of milk and imagine that it went up four and went up double in a matter of two hours. It grew. Two thoughts. I don't know why he doesn't think Argentinian people eat burritos. But my second thought is that I thought that the burrito example was kind of crazy until you dig into the data. Because of the money created, your burritos do actually get cheaper in Bitcoin and more expensive in dollars. In 1972, the federal minimum wage was a dollar 60 and a big Mac was 65 cents. That means you could buy two and a half big Macs for every hour of work that you do.
With the federal minimum wage being seven 25 and a big Mac costs in seven 25, without any fries without any drink, that combo will hit you for 10 or 11. One hour buys one burger. We got better farms, better technology, more distribution, and our burgers are costing more. Why? The measuring stick changed. And this is happening in America. But let's step back and take a look at what happens in places that are less privileged in America. Fongly continues. Now, let's take it to another country. And let's say, you know, I've told this story a few times. I was born in Vietnam and, you know, South Vietnam after taking over by the communist, your money was turned into zero. Right? So not only did the things cost more, right? Your money just went to zero. So no matter where you live, your money, your US dollars, your FIA currency, is really controlled by the government. And this is not me saying I distrust the US government. I think America is a great country.
Not saying that I just distrust the Argentinian government or the Vietnamese government. But I go back to, you know, your self-worth should be held in something that cannot be controlled or debased by the government, right? And that's really what it comes down to. And that's why I think that non-sauvering, right? Like that non-sauvering store of value matters. This is why people are starting to allocate a portion of their portfolios to Bitcoin. And before we go into the research, as to what the price potential of Bitcoin is, even without these Dims-A scenarios, we're going to think our sponsor the Bitcoin way. Because they're going to help you be prepared if and when stuff hits the fan. If and when a BlackRock exec runs the plan that they say that they're going to shut off the entire economy, they're going to allow you to send transactions to understand where your money is to have sovereign control over your money. So when the government does reset your assets, you're going to have something that's actually valuable, which Luke Remen says was gold and Bitcoin. This is going to reset the valuation of all market. And you're going to want to be prepared to not have your assets in the financial system when it does happen. Schedule a free 30 minute meeting with a team of the Bitcoin way
and have them walk you through the Dims-A scenario. According to research from the Bitcoin exchange river, Bitcoin is expected to see 250K to 840K by 2030. And here's why. When you look at the global bank central reserves, it tells the story. Dollars are becoming less prevalent because of less trust in the US dollar. The trust me grows no longer working. And people are starting to hoard and buy up more gold reserves. And if you look at the bottom right of that chart, you can see Bitcoin is starting to grow as well. And that's because people are starting to allocate a portion of their Bitcoin. Not just at the central bank level, but at the individual level and recommended by their financial advisors. Right now, investment advisors have a .0008% allocation to Bitcoin. And if it does end up reaching the recommended level of 1 to 4% or 1 to 5%, that's where you see the booms and flows. What happened was everybody recommended bonds because they had a low correlation to the stock market and they were able to return a significant return above inflation for real and nominal yield. But that trend is over. Bonds now have a negative yield.
And the US that situation is getting out of control. And so when financial advisors begin to actually run the numbers themselves and look at different portfolio allocations, you can see even with the 60% waiting in stocks and a small allocation to bonds, any allocation to Bitcoin improves your returns and lowers your risk. The drawdown isn't meaningfully different, but the returns are significantly different. This is a great risk-adjusted return portfolio play. And this is what people need to do when they need to start thinking about this global collapse and global recent. Because every single time when things are good, people don't know how to value true and real assets. And only is when stuff hits the fan that things get revalued. And in this clip from Warren Buffett, when Bitcoin was at $600, he thought that it was going to zero because everything was valued in the dollar. What happens when the dollars worth less? It does not mean the test of a currency. I wouldn't be surprised if it's not around in 10 or 20 years. Why does it not meet the definition of a currency? Because people say, well, I'll sell you goods in Bitcoins, but they change the price of those. Every time the price of the dollar changes in relation to Bitcoins,
they're pricing off the dollar. They could say, well, I'll sell them to you in barrels of oil. But every time the price of oil changes, they change the number of barrels you have to have. That's not your oil is not the currency. Trinch changed the world changes. If you would have told me five years ago that Nike would be one of the worst performing stocks in the world, I would have called you a liar because they have all the top athletes. They have all the top executives. We all wear their shoes. They have great cash flows. They have great distribution. But their stock's down 80% in the last five years, and they're getting delisted from the S&P 500. And that's because things change. Trinch change, data changes, and you need to be waiting for the inevitable. That's not just assets with cash flow. That's assets that have real value when stuff actually hits the fan. And I see this starting to happen as soon as China retaliates against the United States. You shut down the straight of Hormuz. We shut down the straight of AI by sending our chips and taking over TSMC. And that's going to cause inflation and a collapse and a grid locking in the economy like you wouldn't believe. And what's going to happen in that scenario?
You're going to have massive global money printing, or you're going to have socialism on the other side. Or doomsday scenario, you have both. In either scenario, it sounds like, and it seems like it's a prudent decision to have an allocation to Bitcoin. It may not be as big as people who watch this channel and subscribe to the channel all the time. But it needs to be off zero. Zero is the pretty much only wrong allocation you can have. But what do you think? You think I'm just blowing this out of proportion? Do you see this as a feasible possibility? That's going to cause an economic collapse in the world. Subscribe to the channel if you already haven't. And if you want to what fine ways to get off zero and start an allocation, well, did you know that you can get Bitcoin cheaper than you can buy it on exchange? That would be through Bitcoin mining. They're going directly to the source, so getting paid by the network. But how do you do that? Well, you give sas mining your money? They set up a Bitcoin miner on your behalf. They manage the contracts, the rates, the maintenance, the repairs. They send that straight to you. Don't over-complicate it. Get off zero any way that you can. Partner like sas mining, use the QR code.
Can help you on that path to get started. This is Doncy Cook of Bitcoin Simply. Happy stacking.
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