Can Bitcoin Survive Trump (I'm Worried)

**Drew** (0:00)
Can Bitcoin survive Donald Trump? If you scroll through the news feed as of recently, you might not be worried about your bags. You might be worried about the literal survival of humanity with everything going on in the world and all the conflict that just broke out. But I come to you with a message of foresight and reason. As we listen to the insiders of Donald Trump's cabinet, explain exactly what they're doing and what the next steps are likely to be.

**SPEAKER_2** (0:28)
In the final months of World War II, Western leaders convened the greatest economic minds of their generation. Their task to build a new financial system. At a quiet resort high up in the mountains of New Hampshire, they laid the foundation for Pax Americana. The architects of Bretton Woods recognized that a global economy required global coordination. To encourage that coordination, they created the IMF and the World Bank.

**Drew** (1:00)
A financial system reliant on global coordination. Well, folks, I'm here to break it to you that the global coordination under the World Reserve currency, which is the United States dollar, has been tested very physically by China and Russia over the past 20 years. And now with the Coalition of Bricks, which was an idea put in place by some executives that worked in tandem with Goldman Sachs out of New York. At the end of 2001, you put those dates together, you might come up with some interesting time frames for yourself, have described that the global monetary system must be operated under a trust of the World Reserve leader. Now, Scott Pesent has made it very clear that he believes that we're in the middle of a Bretton Woods realignment. He'd like to be a part of it. Scott Pesent is one of the best known and most powerful currency generals to ever have walked the earth with his moves against the UK pound in the 80s.
And now, he's leading up the Treasury Secretary position for Donald Trump's cabinet. The Bretton Woods originally was only able to happen because the United States solidified itself as the world's supremacy after World War II's completion. Now, think about the time frame. 1944, when Bretton Woods was put into place, the US started confiscating gold in the early 1930s. Then, after World War II, they moved to a gold back standard. After all, the dust had settled of World War II, the Bretton Woods movement was not questioned by any country up until recently, where we saw massive amounts of oil being traded between BRICS countries, primarily led up by China, and they were not paying in US dollar. They were paying in yuan. Sounds like a big problem for a world reserve currency in a globalization standard set within it. Now, this is where we look at context. The insiders of Trump's cabinet came out like a wrecking ball at Davos this year and made something very, very clear.

**SPEAKER_3** (2:56)
We are in Davos at the World Economic Forum, and the Trump administration and myself, we are here to make a very clear point. Globalization has failed the West and the United States of America.

**Drew** (3:12)
AKA daddy's home and he is pissed. This is not the dad coming home that's lovey-dovey, sets his briefcase down and gets down low to hug all of his children. No, this is a dad that has realized that his children have been traded in Juan the whole time in the Strait of Hormuz and many other main trade locations across the planet. Hence, why? In my humble opinion, you are seeing what you are seeing now on the headlines unfold. Lotnik and Bassem and Trump are not being shy about this situation. It's a matter of taking what they're saying and understanding that they mean what they say.

**SPEAKER_2** (3:45)
And if you look at a speech that I gave at the Economic Club of New York last March, I said that I believe the Iranian currency was on the verge of collapse, that if I were an Iranian citizen, I would take my money out. President Trump ordered Treasury and our OFAC Division, Office of Foreign Asset Control, to put maximum pressure on Iran, and it's worked, because in December, their economy collapsed. We saw a major bank go under, the central bank has started to print money, there is a dollar shortage, they are not able to get imports, and this is why the people took to the street. So this is economic state crap, no shots fired, and things are moving in a very positive way here.

**Drew** (4:34)
Do you think things actually worked? Couple shots have been fired since this speech was given at the World Economic Forum by Secretary Besant, and it seems that there is some tangible pushback from the powers of Iran, China and Russia that are involved with the situation. Now, the Strait of Hormuz is what's in contention. A week before the conflict broke out, Russia and China were doing naval drills with the Iranian Navy, which largely is non-existent at this point anymore, but right before American forces made land, they actually hightailed it out of there, but Russia is still sharing our information with Iranians. Now, we hop on over to China. Now, what's going on in China is a move around Taiwan, which has been speculated for years as naval vessels have been spotted and aircraft spotted incurring on Taiwanese airspace while this conflict is breaking out. What's the deal? Why is everyone so upset about American involvement in Iran? Well, you know what? There is something signaling on the bonds market that tells me a picture is worth a thousand words. Bond yields on the 10-year are absolutely exploding. The UK, the United States, France and Australia, all gaining over a percent with the French 10-year rising 3.5 percent. Your treasury yields should not be trading like altcoins. And the buyers of these treasury bonds are beginning to dry up. Trust is being fractured across the world between major nation states. Now, investors are betting that the inflation rate over the next 12 months is going to surge above 5 percent. Those treasuries have to offer a higher yield to compete with this level of inflation because investors can simply go look elsewhere to try to keep up, or at least slightly outpace inflation. I am not sitting here holding Bitcoin, waiting for the Federal Reserve to finally cut interest rates in this environment. And I hate to break it to you, Benjamin Cowen came out with some pretty concise information. According to the markets, there is now a higher probability of a rate hike than a rate cut going through into 2027 Now, all of this information and chaos in the world taken into account, Bitcoin is not doing too bad for itself. Got to be honest with you, found a local bottom here at about $60,000 and is trying to break out of a descending channel. It's not great, hitting our head against the top end of this descending channel, and we also have an issue with the money flow just now going into the red over the course of the last two months. Usually, red money flows take months and months to dig ourselves out of in Bitcoin, but all things taken into account, I don't think we're doing too bad sitting here flopping and groping around the mid 60s to lower 70s. Something that we are seeing in terms of investments is the SAP500 ETF SPY and the NASDAQ 100 ETF, the QQQ, have seen a combined outflow of 64 billion dollars over the last three months. This is the highest level of outflows on record. This is a stark contrast to the end of last year where they saw record breaking inflows. The SAP500 looking like it wants to vibe check some support levels. Now, where we're currently at, sure, there's a potential that you could bounce off the 6500 mark, but I'm more so looking down into 5500 regions for that main flush out to occur. Taking a 20% haircut on the SAP500 is something that's pretty normal for markets. And I'm a little jealous because I need to get a haircut myself and I don't dare cut the mullet. I don't know exactly where I'm going to go with my hair. By the next week, it might be very, very different situation. But the SAP500 is showing a time frame of slowing down while Bitcoin is sitting here trying to defend itself. It's actually not a bad look. And I'm take all this information into account. I am not doom scrolling looking at this information that's coming on the headlines as the end of the world. No, I look at this as the groundwork for a Bretton Woods 2 moment. World supremacy is being tested right now. The US dollar is still technically the world reserve currency, but that is being tested by China.