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Bitcoin News Alerts | Daily BTC Macro Signal
2042: Billionaire: “Sell Your Home, Buy Bitcoin”: Fiat Collapse Is Coming
00:41:59
Mexican billionaire and Bitcoin enthusiast Ricardo Salinas has renewed his warning about the risks of fiat currency systems, urging people to reconsider their financial strategies in light of what he believes is an impending monetary collapse.
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- [00:02]
WhatsApp Representative
On WhatsApp, no one can see or hear your personal messages. Whether it's a voice call message or sending a password to WhatsApp, it's all just this. So whether you're sharing the streaming password in the family chat or trading those late night voice messages that could basically become a podcast, your personal messages stay between you, your friends and your family. No one else, not even us. WhatsApp message privately with everyone.
- [00:30]
JV
Amazon Pharmacy Presents Painful Thoughts I read somewhere that the average American spends 13 hours a year waiting in pharmacies for prescriptions. Clearly I am above average. I thought being above average would feel better. Maybe I'll read some greeting cards next time. Use Amazon Pharmacy. We deliver. And here's to being anything but average. Amazon Pharmacy Healthcare just got less painful. Happy SAT Stacking Saturday welcome everyone to the number one bitcoin pod in today's show. Be sharing the latest technical analysis as we're pumping back in the green and check this Larry Fink Black Rock now officially has over 700,000 Bitcoin worth 75 billion. The kicker? They didn't start accumulating until January 11th of last year when the ETFs officially went live. Now the high priest Max Kaiser says 2.221200 in play, just shy of 2.2 million. I'll be sharing why he says this. We'll also be discussing Brazil's central bank service provider has been hacked with 140 million stolen. And speaking of hacks, there's a small possibility that that recent 8.6 billion bitcoin transfer was also a hack. At least according to the Coinbase executive will be entertaining this as well as the silent he sim swap attacks are draining crypto wallets and what you can do to prevent a SIM swap. We'll also be discussing Bitcoin. Treasury Playbook faces far shorter lifespan. We'll be discussing the bitcoin treasuries. Also, breaking news. Billionaire Ricardo Salinas says sell your house and buy Bitcoin because the Fiat collapse is coming. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good Bitty Fam? Important update. Moving forward, I will no longer be streaming on YouTube or posting any of my content over on the YouTube platform. Instead, I'll be streaming live daily exclusive on X and Rumble as this is first and foremost a video show. So if you want the full premium live stream experience with video, go ahead and visit my rumble@bitcoinnewsalerts.net Again that's Bitcoin news alerts.net if you're new to the rumble, very important to give us a follow. We stream here each and every day, seven days a week for two hours and we're also streaming on X over at btc News Alerts being the handle. And yeah we're here each and every day. Hopefully you had a fantastic Independence Day. We did have a stream yesterday and we are pumping back in the green. Today is 7-5-2025 and this is pod episode number 2042. Your host JV alongside my co host, the fearless nipinator, former president of the sec. Let's kick this mofo off with our market watch as we do each and every day. We should see everything coming in in the green which is precisely how we like it. Bitcoin up a half a percent on the day trading above 1083 at the time of the live. All the major alts pumping -XRP, Womp Womp and checking out the coin market cap.com the current crypto market cap coming in strong at 3.32tr trillion. The all time high is 3.75 trillion. We're approximately a half a trillion shy there. The bitcoin market cap is $2.149 trillion. We got roughly 68 billion worth of volume for the past 24 hours. Bitcoin dominance 64.7% with the ether dominance coming in at 9.1% and checking out top 100 crypto gainers past 24 hours. Bonk going bonkers up 6% followed by XDC up 3%. Very modest gains across the board as a of the market is still cracking and the things in the green are like up less than 1% so really not much of a pump. Very minuscule. Bitcoin obviously leading the way and you can see here the overall crypto market via the crypto bubbles gives us a nice visual perspective. Mixed bag today. You know some are in the green, some are in the red but like I said most of the gains are very modest. And zooming out on the weekly a little more humble pie for you I'd say 8020 red over green rec City and checking out the monthly very similar 8020 red over overgreen rec City. And let's also look at the yearly and yeah there's a handful of altcoins which have fared up well for the past year but not many. XRP's up 400 XLM's up 171, Monero's up 100 but the bulk are massively corrected. 30, 40, 50 plus percent across the board. And checking out the crypto greed and fear index today we're 67 greed. The higher this number goes, the more likely of a correction. The lower this number goes more likely of a rally. And yesterday was 73. Last week at 65 and last month of 57. And checking out the infamous time chain calendar we're on block height number today 94167 with 145833 blocks until the having a 2028. But who's counting besides the nibinator. I mean this is an important metric for the nipinator indicator and as of today you can exchange one fiat monopoly dollar for 925sats. So you know exactly what to do Broskis. You pick up the stats, put down the gats, pick up some bitcoin caps from a man Sergio over@bitcoin caps.net let's just transition right in shall we to the next headline here. A little TA aka astrology for the Broskis headline. Bitcoin price falls to 107 despite the 1 billion spot Bitcoin ETF inflow. So what's behind the move and what's really crack lacking behind the scenes? I'm about to break it down for you. Bitcoin traded down to 174 on Friday, currently above 108. And after facing a strong rejection near the 1105 level on Thursday. The drop coincided with a billion dollar of net inflows into the Bitcoin ETFs over the past couple of days. Traders are now scrambling to justify the 2.8 pullback. Despite Bitcoin having hovered around 174 for most of the prior week. And at the time of the live we're back above 108 just like that. This decline could simply reflect profit taken ahead of the weekend, particularly since bitcoin was just 1 1/2% all time high. Investors remain wary of the potential negative effects of the global trade war. Well, guess what, you can't put the tariffs on the bitcoin. Some market participants argue that investors were alarmed after a long dormant bitcoin wallet moved coins for the first time in years. And in fact, I'm going to share a theory from the coinbase exec who believes this could potentially be a hacked wallet. Could you imagine $8 billion being hacked from cold storage? We will entertain that here shortly. But there's other rumors that it could be an OG like Roger Veer who's known for an early, you know, bitcoin adopter and all that. So we'll be discussing some of that and we actually did cover this story in great length yesterday as it was breaking and you see look on chain. Currently all eight wallets woke up after 14 years ad dormancy transferring out 80,000 Bitcoin worth 8.69 billion BTC. So some are saying there was a lot of sell selling in the market because people were anticipating that particular bitcoin dumping on the exchanges. So even in the case of the over the counter transaction, it seem improbable the buyer would absorb 4.3 billion of Bitcoin in a single tranch. For comparison strategy accumulated 17,000 bitcoin throughout June in one month. Still, large wallet transfers often trigger fear, uncertainty and doubt, which we all know is FUD. And in May, addresses dating back to 2013 transfer 3400 Bitcoin. November 2024 another wallet moved 2000 Bitcoin that had been untouched for 14 years. Similar event occurred in March of 2024 with 1000 Bitcoin, in November of 2023 with 6500 BTC. These isolated movements have not historically correlated with long trend reversals. Now, bitcoin's most likely reason for the recent weakness reflects mounting macroeconomic concerns. For example, chief investment strategist over at everyone's least favorite bank, the bank of America, reportedly advised investors to reduce exposure if the S P 500 approaches 6300. Hmm. I'm always skeptical about anything a banker says. And as of Bloomberg's report, the team observed bubble risks were rising following the government's approval of a 3.4 trillion fiscal package.
- [09:07]
State Farm Representative
This episode is brought to you by State Farm. Knowing you could be saving money for the things you really want, like that dream house or ride, is a great feeling. That's why the State Farm personal price plan can help you save when you choose to bundle home and auto bundling. Just another way to save with a personal price plan. Prices are based on rating plans that vary by state. Coverage options are selected by the customer. Availability, amount of discounts and savings and eligibility vary by state.
- [09:34]
Starbucks Representative
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- [10:02]
JV
That cuts taxes. The worsening fiscal outlook may dampen for the long term Government bonds which could in turn weigh on the broader risk markets, including the BTC. Now I also want to share this with you BlackRock explaining why this is Larry Fink, their CEO. Why Bitcoin is digital gold back when it was 30,000 exactly two years ago. And you know what's really outrageous? MicroStrategy Sailors Company has I think 2, 000 bitcoins shy of 600, 000, which is a massive milestone. They started accumulating back in 2020. The first publicly traded company to put the bitcoin on the balance sheet. Well, look what BlackRock accomplished in a year and a half since January 11th. 700,000 BTC in their Ibit ETF product worth $75 billion. So they just did what Michael Sailor was unable to do in over five years and a year and a half. So just between Black Rock and Micro strategy, they collectively have like 1.3 million BTC2 companies. I just want that to sink in. And quoting the high priest Bitcoin Max, guys, right Here he says 2.2221 million dollar Bitcoin in play. And this is hex to decimal. I'm not going to pretend to understand the Math here but it's 21E 800 equals the 2.2 11. I say it's a divine omen. The bit Christ has spoken. Let me know if you agree. Bring facts chimed in. There's got to be a reason God embedded 222 in my brain. It's also been embedded into my brain. So thank you God. I'm expecting 2.2 million coming here soon. Send it. Also Max wrote here off the back of this news. Trump says the stock markets are now at all time high. We're going to maintain, believe me, Max's interpretation in bitcoin terms. The stock market continues to crash and he's 100 right because it's all going to zero against Bitcoin as bitcoin continues to demonetize everything. Also he wrote here, I just wrote a rap song for Drake and this was off the back of the news. Legendary rapper Drake raps about bitcoin in his new song. Quoting Drake I look at this like a BTC could be down this week and then I'm up next week. Well, Max Kaiser got some bars he wrote for Drake. Break free of ghetto mentality. Only bitcoin will set you free for the ultimate emancipation. Stack sets and quit masturbation. And these are the most Fire bars. I've heard in a long time since Kendrick Lamar. So I had to write here Max dropping savage bars on Drake. Max him up. Let Kaiser do his stuff. That them up. So that was hilarious. I just can't believe I just heard Max drop bars on Drake. Classic. Also shout out to the high praise. He also put here a hundred thousand is the new $10 Bitcoin. Send it. Let's get it. We're also going to pull up some of the live charts real quick. Of course for the baddies. We can't forget about the baddies holding it down. The bitty baddies. So pulling up the live charts real quick via TradingView via Coinbase. We'll start with the 11 hour, work our way backwards. We do have a red target on your screen here sitting at 1087 just shy of 187. Practically a 700 pump from the current price. Action. Taking a quick look at a four hour. Let's see how we're faring here. We do have a purple Barney the Dinosaur target which is a bull flag sitting just shy of 137 000. Now we're talking my language on a sat stacking Saturday, checking out the daily the daily chart. You can see the past couple of days, big bull green candles. And then we just got a corrective red for yesterday and we're pumping back in the green already for today. We also have a bullish flag target sitting at 146431 on the daily chart and working our way back a little longer here checking out the weekly. We have the Rising Wedgie, the only wedgie officially approved by the former SEC President Nipinator. And we have the 124000 sexy covenantal target in play, I dare say. And zooming out, we'll take one step further checking out the monthly. And here's the silver lining. We had three consecutive green candle monthly closes. Will this be the fourth one for the month of July? You guys let me know and I'll read your comments next story of the day fam this is 140 million dollar hack. I don't think this is crypto related. I think it's directly from bank. The headline is Brazil Central Bank Service Provider hacked. So keep in mind Bitcoin is the most secure network. It's impossible to hack cold storage from my understanding. However, just think how effortlessly these hackers can hack governments, central banks, you name it. Hence the headline you see right here on your screen. So let's break this one down. CMM Software, the service provider that connects Brazil central bank to local bank banks and other financial institutions was hacked on Wednesday leading to 140 million USD hack? It was in Brazilian reels which was 800 million of them. Stolen funds from six institutions connected to the central bank. That kind of reminds me of Robin Hood. Rob from the rich and give it to the poor. The hack occurred after the employee of CNM allegedly sold his login credentials to the threat actor for roughly 20. Wow. So an insider employee sold the login credentials to a bad actor for $2700 allowing them access to the software system to steal funds held in reserve accounts. Hence trust nobody, verify everything. And that's pretty wild. Onchain Detective Zach XBT said the hackers converted an estimated 30 to 40 million of the stolen funds into Bitcoin. Well, that's the smart. That was a smart play which they then laundered through Latin American exchanges using over the counter trading platforms. So they took the central bank's fiat money, converted it into Bitcoin. Pretty actually genius if you're to ask me. The incident highlights the growing risk of cyber security threats facing centralized software systems and servers where single points of failure can lead to significant financial losses or the theft of sensitive data. I assume this is the man right here who sold the information for $2700 or that's practically nothing. Pretty shocking to hear that, but it just goes to show you people can be bribed and paid for. Centralized digital systems are inherently vulnerable to hacks. Yeah, infiltration, ransom attacks and software exploits. These vulnerabilities are exasperated by the AI. Centralized exchanges recorded an uptick in hacks in quarter three, quarter four last year. Hackers turned their sights on digital platforms which signal points of failure as outlined here by Chainalysis. Aaron Barack, CEO of Shielded Tech Tech, the developer behind the midnight data protection blockchain Shared privacy tools will be increasingly necessary to ward off the AI assisted hacker. The CEO said Cyber criminals see massive returns in targeting centralized systems that can contain millions of passwords, sensitive documents or billions of dollars in capital. Which makes these systems attractive targets, AKA honey pots. Decentralized blockchain tech like zero knowledge proofs remove this temptation by forcing hackers to target individual wallets or accounts instead of centralized datab containing millions of records. Their return on investment would be one record instead of millions. Not worth it. They are going to go elsewhere. According to the CEO. Let's continue with this next theory which caught my attention because it's like what small possibility. The 8.6 billion recent Bitcoin transfer was a hack, according to the Coinbase executive. That's right. Connor Grogan, the Coinbase head of the product, says there's a slight chance the 8.6 billion worth of Bitcoin moved on Thursday from 8 wallet that had been holding strong diamond hands. I say diamond nuts for 14 years was caused by a hack and if so, it could be the largest robbery of all time.
- [18:07]
Versed Representative
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- [18:28]
JV
Savor every last drop of summer with Starbucks. From bold refreshers to rich cold brews. The sunniest season only gets better with a handcrafted ice beverage in your hand. Available for a limited time. Your summer favorites are ready at Starbucks. If true. Again, he says I'm speculating on straws. Well, at least he's honest. This would be far the largest height in human history. He shared obviously 8.6 billion worth of bitcoin was moving around on a Satoshi era wallet dating back 14 years ago. He says there's a small possibility that the 8 billion of bitcoin that recently woke up were hacked or compromised private keys. Pointing out a suspicious bitcoin cash transaction made before the significant transfers on Thursday involving 10,000 bitcoin at the time. This actually sparks an alarm that maybe that is then Roger Veer, he's the guy who created bitcoin cash by forking bitcoin. And that was another theory that was floating out there. Quoting him here, I found a single bitcoin cash test transaction from one of the Bitcoin well clusters 14 hours ago. And you know it's an OG because they did zero test transactions. Imagine moving let's say multiple billions of dollars with one single transaction without even doing like a test for let's say a couple of bucks or something like that. That's confidence in what they're doing. I just wanted to point that out as well. Grogan said it is possible that the wallet owner may have been quietly testing the private key since bitcoin cash transactions don't attract as much attention from whale tracking services. However, he reiterated he found the behavior very unusual. What makes me say this is the other bitcoin cash wallets have not been touched at all. Why wouldn't they also sweep these? Good point. So in the post the same day, blockchain intelligence firm Arcam said it was a single entity that moved the 8.6 billion worth of Bitcoin from eight separate wallets. Arcam said that all the bitcoin was transferred into the original wallets on either April 2nd or May 4th 4th, 2011 and had remained on the wallets for more than 14 years. Insanity. Those returns. I think at the time that amount of bitcoin was like probably ballpark a hundred thousand and now it's 8 billion. Insanity. And that just goes to show you the power of the HODL gang. R Cam said Bitcoin is now stored in the eight new wallets and hasn't been moved since. Very mysterious. Despite the uncertainty, the bitcoin price stayed relatively stable again. We're currently maintaining above 108 at the time of the live stream. But you guys let me know your thoughts. What do you think is the originator of the 8 billion dollar transfer? Do you think it could potentially be Roger Veer, the bitcoin OG that forked obviously Bitcoin with bitcoin cash trash. Do you think it can just be random hackers moving it around, getting access to that honey pot? Or what do you think is really going on there? Because at this time it's all speculation. But anyways, let's continue with the sim swap story and then we'll discuss our feature story of the day with Ricardo Salinas and then we'll stick around for a bonus hour, do some live Q a and happy420.420 people on the X feed and we have a few hundred people on the Rumble. So let's get it. So the headline here, the Silent Heist How SIM Swap Attacks Are Draining Crypto Wallets. Let me know if you guys are familiar with sim swaps and have you ever fallen victim to a SIM swap? Because we're going to tell you how to prevent that. Check it. Vigilance is often touted as the first line of defense in the world of crypto. But for many, even the most guarded practices can falter in the face of emerging threats. Consider one unsettling story of a crypto investor who became a victim during a routine red eye flight. That's right. Minutes after he boarded, his phone went dark. A typical indicator of a signal lost mid air. But this time there was something more sinister at play. By the time he landed, the crypto wallet had been drained and he discovered that someone taking advantage of him offline had hijacked his phone number to get control of the crypto Exchange account. And another reason you don't want to keep crypto on an exchange. If they hack your phone through a sim swap attack, they get access to the account and they drain your crypto. That's a reality. Sim swap scams, as they're commonly called, have gained traction in recent years, quietly preying on crypto holders with alarming and success. The method is deceptively simple. By taking control of a victim's phone number, scammers bypass the two factor authenticator. So that's right. Even with a two factor authenticator, they can access your account and gain access to all your sensitive information. According to the FBI, this type of crime caused nearly 50 million in losses across over a thousand cases just in 2023. As more people become aware of the risks of traditional fish, sim swap attacks remain a silent but potent threat, capable of swiftly siphoning funds from unsuspecting victims. So here's how the sim swap attacks work. At the core of the sim swap attacks is a calculated manipulation of mobile carriers. Scammers begin by gathering personal information about their target, often sourcing public records, social media and data breaches for details that help them impersonate the victim. Armed with this info, they contact the victim's mobile carrier posing as the account holder and request request to transfer the phone number to a new SIM card in their possession. Once the swap is complete, the scammers intercept calls and messages meant for the victim, including two factor authenticator codes, and secure crypto wallets and other financial accounts. Within minutes, attackers can access sensitive info accounts, draining assets and sometimes impersonating the victim to initiate further transactions with the contact. One high profile case involves Brandon Buchanan, co founder of the crypto investment fund Iterative Capital. Following the sim swap, attackers impersonated Buchanan, reaching out to a business associate with fake bitcoin deals. One associate, thinking he was dealing with the real guy, transferred bitcoin to a wallet controlled by the scammer, resulting in450,000 in losses. This case underscores how sim swap attacks can capitalize on trust, posing immense risk to individuals and their professional and financial network networks. Keep in mind, there's so many imposters. And that's right, the scammer can get access to the imposter's information and trick people that are close to them, like their friends or family. Another way people can get scammed. And as the sophistication of the attacks grow, so does the need for equally advanced security measures. Sim swaps only work against two factor authenticator codes sent via sms Using app based authenticators would be very robust defense against sim swapping and should be used in preference. However, as demonstrated, the sim swap is devastating. It gives the hacker the entire access to your phone, banking apps, email accounts, all of your data and consequently high risk individuals should consider having a separate phone number dedicated to a two factor authenticator to prevent this. And also one can use proxy email addresses to sign up for accounts online so that one's true email address is never divulge. I mean, mean there's a lot of measures that we can do to try to, you know, prevent this. Regular personnel risk assessment is also recommended. Sites like have I Been, what is that? Pawned.com will let you know if your email address has been compromised. I dare say all of our emails have probably been compromised. In the case of financial institutions, it is advised that a range of preventative measures are adopted. Also there's multi sig wallets which require multiple approvals for the transaction to proceed and also add a layer of security against unauthorized access. Now let's see what else we can add here. The role of Blockchain intelligence and investigations Obviously everything is on chain via the blockchain so they can track you know what's really going on. And we know all that. So here's the. Here's the important part. Securing the future of Crypto Assets While sim swap scans may be a silent threat, they are far from unstoppable. With proactive steps in advance, advanced tech, the crypto community can effectively mitigate the risk. That's the key. Crystal intelligence advocates for industry wide vigilance emphasize that crypto adoption increases, so must security standards. Blockchain intelligence solutions that enable real time tracking and risk based transaction assessments are essential for building a resilient crypto ecosystem for individual investors and institutions. Securing digital assets is a matter of fostering a mindset of continual awareness, not just adopting the latest tools.
- [26:39]
Healthcare Provider
Living with schizophrenia isn't easy, especially when you're not getting relief from some of your symptoms. It can be hard when you're still dealing with symptoms like hearing voices or seeing things that aren't there, and negative symptoms like feeling unmotivated or avoiding social situations. If this sounds familiar, it might be time to talk to your healthcare provider and explore a different kind of schizophrenia treatment. Discover your possibilities@treatingscz.com rated T for Teen.
- [27:09]
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- [27:38]
JV
So be on the lookout. Now you know the two most popular ways for scammers to scam you. Phishing attacks Again. I just fell victim to one. I thought they would never happen to me. I've been warning people about phishing attacks for years. Still a victim and number two sim swaps. So you may want to position yourself to prevent that from happening. And again, learn how to properly self custody your bitcoin. So even if a hacker was lucky enough to figure that out, they still can't steal your crypto. And if you don't know, now you know. This one reads Bitcoin Treasury Playbook Faces far Shorter Lifespan that's right, the crypto analyst says the Bitcoin treasury strategy may not have the longevity many expect, warning that the easy upside may already be behind the company's entering the space. My instinct is the Bitcoin treasury strategy has a far shorter lifespan than most expected. For many entrants it could already be over, check said, adding that it is not about the measuring contest, but rather how substantial or sustainable companies product and strategy are when it comes to the long term bitcoin accumulation. So he's ultimately saying not all these Bitcoin treasury companies are going to make it, check said. Is becoming an uphill battle for the newer Bitcoin treasury firms like maybe Anthony Pompliano, Jack Mers or so many being birth as investors favor the early adopters. Nobody wants the 50th Treasury Company quitting them here. I think we're already close to the show me phase where it will be increasingly difficult for Random Company X to sustain a premium and get off the ground. What is serious niche? Let me know if you agree. Disagree. In the last 30 days leading up to Friday, at least 21 entities added Bitcoin as a reserve asset. According to the Bitcoin treasury's data. The largest public Bitcoin treasury, Michael Sailor, holds 597000 BTC, while the second largest marathon holds 50000 BTC, approximately 1/12 as much, check said. The startup Bitcoin treasury firms attract retail speculators but warns they don't have infinite money. Check admitted it is hard to put a time limit on the downturn for the newer firms as he is bullish on the biddy price which obviously is back above 108. During the live stream here. Many of the folks raising just see easy money and have no idea. Yeah. What they're doing. I think I'll take them sometime or it'll take them time to figure it out. The weak ones might be acquired at a discount by the strong ones and the trend could and still has a few more legs in it. Well there you go yo. You already know there's Metal Planet, the largest one out of Japan and already one of the largest in the world. Anthony Pompliano just launched his Jack Mers just launched his with the backing of Tether and Canter Fitzgerald and right now there's approximately 230 bitcoin treasury companies. Keep keep it in mind the very first one was micro strategy in 2020. Since then now there's over 200 and sailors projecting there's going to be over 850 before the end of this year because that's how lucrative this is as the bitcoin global hash war plays out all around the world. Now for our featured story of the day. Ricardo Selenas the the richest man in Mexico and He has roughly 80 of his portfolio. He revealed in Bitcoin he says sell your house, buy bitcoin because Fiat collapse is a coming so let's break this down. He was recently just interviewed on Robert Breedlove's podcast. Here's some of the highlights. Salinas advised that selling property in favor of Bitcoin could be a more secure long term investment. He argued that while owning a home serves practical living needs, it fails. That is a financial asset compared to bitcoin. And he's 100% right which offers a fixed supply and portability. In his view, real estate can always be recreated whereas bitcoin scarcity gives it lasting value. He also suggests that homeowners could use long term mortgages to unlock liquidity and redirect that right into Bitcoin. And I want to give you a visual example because Bitcoin is demonetizing real estate in real time. This is is the real life example. Nine years ago the average home was 680 Bitcoin. Now in 2025, nine years later you can buy the same home for 3.5 Bitcoin. And if you want to project nine years from now in the year 2034, I dare say it'll probably be 0.1 to 0.5 Bitcoin for the average house Potentially even less the way things are going as Bitcoin continues to demonetize everything, including real estate. Selena's consistently expressed skepticism towards fiat currencies. I mean, who's believing in fiat currencies in these times? Nobody. And the central banking systems that issue them. Exactly. He regards inflation as a tool used by the governments to erode individual wealth, precisely believing the fiat money allows the state to grow at the public's expense. Nailed it. Drawing from his experience during Mexico's 1980s hyperinflation, Selena sees historical precedents for his concern. During that period, the Mexican peso depreciated drastically, which he cites as a case study in monetary mismanagement. And that's putting it lightly. According to Salinas, the global monetary system, heavily influenced by Keynesian economics, enables unsustainable government spending and weakening public purchasing power. He views modern central banks as fundamentally flawed and sees the fiat model as an unsustainable scheme that should be dismantled entirely. Preach. Gotta respect Uncle Ricky. In his outlook, Bitcoin and gold are the remaining paths to financial freedom. Salinas considers them hard money alternatives that resist inflation and government interference. He believes that broader adoption of Bitcoin is essential for individuals to maintain control over their savings, especially in a world where traditional currencies are increasingly vulnerable. Selena's frames this moment as the turning point, asserting that early adoption of Bitcoin could lead to significant long term benefits. He considers the digital asset not merely a trend, but a foundational shift in the global financial landscape. And here's a clip taken from the recent interview with Robert Breedlove interviewing Uncle Ricky here in which we're covering the highlights of. If you want to check that out, check the show notes below the video in the description and let me know your thoughts with that. That and I'm actually going to pull up some of these tweets. Let's see the latest from Max Kaiser. See if he has any cool new predictions since I started the stream about an hour ago because he was very active here. Let's see what he wrote. Max says only self custody. Bitcoin fulfills the primary use case. Separating money from state. These things are not necessary. Exactly. And that's why the importance of self custody. Here's an article headline. Max Kaiser predicts national security interventions at 400,000 bitcoin. This is actually a big deal. He made this prediction yesterday that when Bitcoin hits 400,000 per coin and fiat money, that the government is going to deem Bitcoin a national security threat because the dollar is going to be falling apart. So if you've been warned, another headline. 500 million to claim independence when Bitcoin hits 200,000. That's another max quote. We covered that in great detail a few episodes ago. So again shout out out Max Geyser there. And yeah, so 500 million will declare their independence when Bitcoin has 200,000. We all know that's coming. He says 300,000 is going to lead to the dollar falling apart and 400,000 is going to lead to THE corrupt US government confiscating Bitcoin any way they can. And the only type of bitcoin in which they cannot confiscate is properly self custodied btc. So guess what, all that Bitcoin etf, BTC being custody on Coinbase can all be taken over. All the government would have to do is send an email or letter to freaking Coinbase CEO who's holding it all and they would forfeit all the bitcoin just like that and give you the Fiat equivalent. Easy peasy. You don't trust the government. Of course I don't remember 1933. I never forget Gold Seizure Act. I may have not have been alive during that time but I've done the history and I know what the corrupt government is capable of. He also shares here, Trump says that the stock markets are now at an all time high. We are going to maintain it, believe me. Max translates and bitcoin terms. The stock market continues to crash and if you don't know now you know. And one more thing I'm going to leave you with. $100,000 is the new $10 because Bitcoin is going to continue to go up forever. Keeping in mind another Max quote. Bitcoin has no top because Fiat has no bottom. But you guys let me know your thoughts with what Uncle Ricky shared. And what's your thoughts on real estate continuing to be demonetized. A great example here is as the years go by real estate is massively being devalued. So just imagine what bitcoin is doing to the dollar and gold and all commodities right now as the smart money is all pouring into the prelo biddy going up forever. Laura. No Diddy, but anyways, welcome to the Q A segment of the stream. I'm going to start reading comments out loud. This is uncensored. Feel free to ask me anything. We could entertain any thoughts, thoughts, theories, conspiracies. I'll go grab my tinfoil hat if you want. And I'm here for you guys. And of course shout out to the Nip living his best life. Spot the Nip right there, former chair of the SEC. And don't forget to check out Bitcoin newsalerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hoddle Sam.