LEAKED: Here's The REAL Reason America Hasn't Bought Bitcoin For its Strategic Reserve...

Hurley (0:00)

The dollar's in trouble, CPI just hit 3.7%, PPI hit 6.3%, oil is $106, and the new Fed Chair, Kevin Warsh, just sat down with the IMF to explain himself live.

Opti (0:11)

He's not the only one with some explaining to do. The White House said the Strategic Bitcoin Reserve was coming in a few weeks, and that was 19 months ago. And it appears the White House just fired their crypto advisor, the head crypto advisor, for leaking some very bullish information.

Ruston (0:27)

Speaking of bullish information, the same week Bank of America pays 1.2 billion for money laundering, the bond market could need a bailout that could revalue gold to 22k, which means if the current ratio holds, 430k Bitcoin is on the table. And Michael Saylor just called Strategy the central bank of Bitcoin. What the f**k is happening?

Opti (0:51)

The fiat Ponzi is eating itself in real time. Inflation just blew up, and that's where we're starting today. I'm Opti, Ruston and Hurley are in the house. That's right, the orange triad has formed. Welcome to episode one of Simply Bitcoin After Hours. Grab your favorite beverage and stick with us while we break down the biggest stories of the week. Sort out what's real, what's hype and why Bitcoin wins. Wait, Ruston's here. Let's go!

Hurley (1:21)

Love it.

SPEAKER_5 (1:21)

Stun it!

SPEAKER_4 (1:27)

And we're in the process of doing that, but we'll probably have a lot more to say about that in short order. So when we're ready to announce that, which I'm sure we will be in short order, I think that this community will be extremely pleased. And I think that, you know, people will be very pleased with the direction that we go in and we'll start moving on that in short order, but...

SPEAKER_5 (1:42)

Yeah, we'll be making an announcement on that probably in the coming weeks or you know, next month or two, on the Executive Brands front and then on the Executive Brands side, the actual implementation of the SBR Executive Order. We'll have some announcements on that soon.

So in the next few weeks, we'll be making a big announcement. I think we have a bit of a breakthrough there. In the meantime, we do believe we're going to be able to take a big step forward from the Executive Brands side in the next few weeks. With the formalization of the SBR, which we'll be rolling out over the next weeks, a couple of weeks and months, we've made a tremendous amount of progress. It's going to happen in the background, and we'll be making an announcement in the next few weeks, next few weeks, next few weeks. We will be making an announcement around the Strategic Bitcoin Reserve digital asset stockpile in the coming weeks.

So we'll have an announcement. I wish I could say more at this time, but I think we're still within the window that I gave myself.

Ruston (2:44)

Hey, don't worry, ladies and gentlemen. They got it all under control. Inflation, surging, raging, record highs since like 2022

They said it was fine, Opti. They said it was fine, Hurley. They said it was transitory, transitory to the fucking moon. Inflation, baby. What do you guys think of this? This is insane.

Opti (3:05)

Inflation.

Yeah, what is there to say? It's going up. I mean, what? The recent numbers came in. I think it's like 3.7. I was actually having this conversation with a friend the other day. It's like, look, everyone is feeling in pain. Like everyone's feeling the pain. Maybe not Bitcoiners because we were a little smarter. We saw this coming. We had some savings. But the official number is what? 2, 3 percent. I'm like, in reality, it's probably closer to 6, 7 percent. How it feels, it's probably closer to 10 to 15 percent. So look, I know everyone doesn't care about inflation, which is always blowing my mind. Like they just live with it. This is just the water that people live through.

To us, it's like you're getting broker. It's really as simple as the money's broken, they're stealing from you. Even if it's 2 percent, what's that? Every 30 years, there goes half of your wealth. It's like it is not under control. We know what's going on. They're doing all this fancy financialization to... Yeah, exactly. They're doing all these tricky stuff to make it seem like you're not feeling inflation. Then add on the wars on that. What's going on in the Middle East, what's going on in Russia and Ukraine.

We have no petroleum reserves globally. Like it's not a good position to be in. But hey, you never know. They might be able to figure it out, right? Just trust the guys in charge. They got it under control, guys. You don't need Bitcoin, just save in the dollar. You're going to be fine.