It's Official: Bitcoin Has Won the Iran War! | Simply Originals

Nico Moran (0:00)

Well, the numbers are in, and it's official.

Bitcoin is dominating the Iran War.

F*** these good eyes. Yet look closer, that's Bitcoin dominating every other asset class. Since the war began, the numbers get way more brutal, especially if you're Peter Schiff. What are we? Bitcoin is up 66% against gold since March. And do you want to know the brutal, honest, foolish truth? Bitcoin hasn't even begun to defile the dollar yet. It's just getting a few Besson Benz in before it starts. Starts what? Well, it starts prying docking people and asset classes in the face. And something massive is coming. Goldman Sachs just sounded the alarm. The bonds have no buyers.

SPEAKER_2 (0:53)

They're, quote, totally bidless.

Nico Moran (0:56)

Did somebody just say bidless? You bet your ass they did. Oh, and that's not all they just said or signaled. The president just said we can inflate the debt away rather quickly. They're going to debase the money to pay off the insurmountable debt. They just said the big print is coming. Prepare for total Bitcoin domination. In the greatest bull run of your lifetime, we have a massive show today. Smash the like. Don't forget to subscribe if you're new here for the best in Bitcoin news delivered to you daily. For free, it's a win-win. And with that, it's go time.

Sunday.

SPEAKER_3 (1:37)

Bouncing back in the third quarter, but can the rally hold on into the end of this year? Today, McKeel has much more on that for us.

Yeah, that is the expectation. Frank City today lifting its price target even on strategy shares on expectations of a Bitcoin reversal. Look, October is historically a very strong month for Bitcoin. There've only been three negative Octopers since 2013 And there are signs that this one could play out exactly as Bitcoiners expect and hope. So data from CryptoQuant showing whales stable point inflows to Binance are up, meaning they're putting cash on the exchange, which usually signals that they're getting ready to make moves, possibly expecting an October.

Those inflows up 40% to 30 billion dollars just in the past 30 days. We know institutions are buying Bitcoin per the ETF inflows. And then from here, Frank investors are going to want to see Bitcoin go up without crazy leverage, which is kind of a mixed picture right now, while interest rates and liquidity become more favorable. So look at today's jobs report. The economy is weakening enough that the Fed may have less reason to keep raising rates. So you've got more money ready to buy crypto and perhaps a more favorable environment for risk assets, throw in a crypto-friendly regulatory environment, and we could be ready for a bull market here. The next inflation data, though, is going to be the biggest and most interesting piece of the puzzle. Frank.

SPEAKER_4 (2:55)

Thank you very much.

SPEAKER_3 (2:56)

Have a great weekend.

Nico Moran (2:57)

CNBC is bullish and for good reason, because not only is it October, you just saw Bitcoin up 66% against gold since March while the Iran War is raging. And here's why. Trump just said the quiet part out loud to Time, quote, certain levels of inflation will also pay off that debt very rapidly. Very rapidly. The orange man just signaled we might be on the verge of why Mauring or Zimbabweing are dead away. Here's the actual news. Time set with Trump for an interview published Thursday and pointed out the debt is up, you know, 11 trillion over the past five years. Trump, of course, first blamed Biden, then blamed the Fed, then said, I know, I'm the best in the world, you can pay it off through other means. Then he circled back and said, the growth is going to pay off the debt and the Fed hikes are hurting our country more than inflation is hurting our country. Then again, he said, quote, certain levels of inflation will also pay off the debt very rapidly. Trump said he wants one percent or less rates. Just a little cherry on top. That same day, the interview published, the 10-year touched 5.34 percent, the highest since 2002 It closed at 5.24.

Interest already a trillion dollars a year, mind you. Besant just tripled the buyback cap to 6 billion, which is literally nothing against the more than 2 trillion in gross issuance a year. Which brings us to this bullish catalyst out of Goldman Sachs. The long end of the US treasury market is totally bidless. This was my exact response to that news.

You know, all of this, it's summed up in one single Max Keiser clip. Fiat was built to fall and destroy itself. It's happening now in real time. And while it is sad and painful, it's glorious watching Fiat destroy itself. And like I said before, Fiat problems have Bitcoin consequences.