In this commentary, the speaker highlights recent statements from Binance founder Changpeng Zhao (CZ) and MicroStrategy CEO Michael Saylor that nations and central banks will begin printing fiat currency to purchase Bitcoin and other cryptocurrencies. He argues that this influx of newly created money will devalue the US dollar while driving up crypto prices because Bitcoin’s supply is capped at 21 million, unlike unlimited fiat issuance. The speaker also alleges that the Federal Reserve has been secretly buying crypto for the past three years, a claim he says he exposed on his own YouTube channel. Throughout, he urges viewers to pay attention to these developments and position themselves to profit from the anticipated crypto bull market.
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You see things like this, this is where it gets really crazy for crypto that people are not comprehending. This bull market is going to be probably one of the biggest we've ever experienced before. Now this is the creator of Binance, this is CZ, okay? So this dude's— some people say he's the richest person in crypto, but he created Binance, which is probably number 1 or number 2 when it comes to the bigness centralized exchange, billions of dollars, super billionaire, right? Very rich, right? See, the thing about CZ is he's coming out and saying that nations Will be printing money to buy Bitcoin and cryptocurrencies. To me, that's insane. Now we've heard this from another billionaire before, which is MicroStrategy. MicroStrategy, right, was created by Michael Saylor, and Michael Saylor has been buying Bitcoin and he's been holding it with his company, and the company pretty much makes all of their money off of leveraging Bitcoin. So they outcompete Bitcoin's price because they leverage Bitcoin. Now the crazy part, again, I just want to be clear, he said that. Now we have CZ saying the same thing. Nations will be printing money to buy crypto. Meaning the value of your dollar will die and cryptocurrency price will increase. Because the thing about Bitcoin that people don't comprehend is that Bitcoin specifically only has 21 million supply in existence. They can infinitely print fiat currencies. Fiat currencies are government-backed currencies like the dollar. They could print it forever and inflation will be infinite. But in crypto, not so much. So if they start printing money, devaluing your dollar, and putting into crypto, I mean, I hope you're paying attention. I really hope you're paying attention because it's becoming more and more obvious, and there's more public figures with more credibility saying the same exact thing. The Federal Reserve, I believe, has already been doing it for like the past 3 years, but in a secret way. I exposed it on my YouTube channel. But yeah, it's real. Pay attention. Hopefully you make money this cycle. I hope you will.