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come out a statement saying oh you know people should put up the 5 percent of their portfolio into bitcoin ok now they matter they're up there in the bulge brackets you know their top i think it's got to be a trillion or more fidelity there's a few it's not really it's there's assets under management and that's well over a trillion and then there's the assets that custody including retirement plans right for one k. plans that's something like 6 or 7 trillion i want to say it's huge numbers palter jones of course i'm asking you these money managing questions because that's we share that interest for sure having it myself a background in it so i see somebody like paul tudor jones is you know back from the 1980 s. a was the golden child and call that $987.00 traffic cetera he calls it the. the source of the race he's a due diligence guy you know the hedge funds come in that's another multi-trillion dollar market so i thought coming up in fact the supply of pick coin coming off the miners on a daily basis 100 percent is gobbled up by these huge buyers more than 100 percent there's actually we're
come out a statement saying oh you know people should put up the 5 percent of their portfolio into bitcoin ok now they matter they're up there in the bulge brackets you know their top i think it's got to be a trillion or more fidelity there's a few it's not really it's there's assets under management and that's well over a trillion and then there's the assets that custody including retirement plans right for one k. plans that's something like 6 or 7 trillion i want to say it's huge numbers...
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our move into bitcoin wasn't just an investment it was our savings policy ok and we struggle and i think a lot of communities struggle with this around the world where. i'm also going to speak for like a muslim community for example. i don't know if you knew this about the muslim community max but in our religious teachings were not it's against our religion teachings to use interest and to live in a debt economy. but we're faced with that our whole lives because that's what the whole world runs on. so we also have a situation where you have inflation at a rate of 10 to 20 percent it's not the 2 percent that everybody talks about it's actually 10 to 20 percent and for people to really understand that they need to understand that their retirement is running away from them at 10 to 20 percent per year which means if you want to keep up you need to earn an extra 20 percent every year just to retire so what are people's off's option number one is. stick with their principles and try to save in cash and be poor for the rest of their lives that's not a good option option over to is embraced fo
our move into bitcoin wasn't just an investment it was our savings policy ok and we struggle and i think a lot of communities struggle with this around the world where. i'm also going to speak for like a muslim community for example. i don't know if you knew this about the muslim community max but in our religious teachings were not it's against our religion teachings to use interest and to live in a debt economy. but we're faced with that our whole lives because that's what the whole world...
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morgan was skeptical of bitcoin now the bank's analysts say its value could triple challenging gold ok we said that years ago here and now they're analysts who get paid a whole bunch of money to just look at kaiser report and repackage their content into when a report that they charge their investors tens of thousands of dollars when you know they're saying oh it appears that millennial slike big queen better think gold well they're capitulating so throughout the whole 678 years that they've been down you know bashing breakpoint you have to understand that's just deferred purchase right they only will be forced to buy it eventually just like peter schiff well and paul krugman and nouriel roubini and every every big bash will be forced to buy bitcoin at some point because money is collapsing in the world is going from take a low blows ation to extreme localism and the only way that can work is with the hardest money in the perfect money and that's what because so if they want to live on planet earth to continue to live on planet earth they will have to buy bitcoin there's no if ands or
morgan was skeptical of bitcoin now the bank's analysts say its value could triple challenging gold ok we said that years ago here and now they're analysts who get paid a whole bunch of money to just look at kaiser report and repackage their content into when a report that they charge their investors tens of thousands of dollars when you know they're saying oh it appears that millennial slike big queen better think gold well they're capitulating so throughout the whole 678 years that they've...
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bitcoin account has already has over $1000000.00 naira in donations already that's just under $3000.00 they've raised a lot of money $10.00. thousands of dollars at the moment to keep this movement going ok so it's effectively coordinated as we're leading to but who's leading the protesters that's the interesting thing about this that doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or a union or civil society this one has been organic and it's people coming together they have acknowledged the support they've got from some of these prominent activist but they insist they don't want a leader but we see the margins for example of women taking leadership you see individuals in certain roles right but overall this seems to be a very open with an ok and a mother thing tony is the nature of these demonstrations in other countries in the world where people have been protesting something that police brutality we've seen violence right these protests become violence people burning things also it's not the case with peace protests you know we've not seen you know an arche or vandalism a looting that hasn't been a staple
bitcoin account has already has over $1000000.00 naira in donations already that's just under $3000.00 they've raised a lot of money $10.00. thousands of dollars at the moment to keep this movement going ok so it's effectively coordinated as we're leading to but who's leading the protesters that's the interesting thing about this that doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or a union or civil society this...
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bitcoin account has already has over $1000000.00 naira in donations already that's just under $3000.00 they've raised a lot of money $10.00. of thousands of dollars at the moment to keep this movement going ok so it's effectively coordinated as well it's a but who's leading the protesters that's the interesting thing about this there doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or a union or civil society this one has been organic and it's people coming together they have acknowledged the support they've got from some of these prominent activist but they insist they don't want a leader but we see the margins for example of women taking leadership you see individuals in certain roles right but overall this seems to be a very open movement ok and one other thing tony is the nature of these demonstrations in other countries in the world where people have been protesting something that police brutality we've seen violence right these protests become by those people burning things also it's not the case with peace protests no we've not seen you know that an arche or vandalism a looting that hasn't been a staple of
bitcoin account has already has over $1000000.00 naira in donations already that's just under $3000.00 they've raised a lot of money $10.00. of thousands of dollars at the moment to keep this movement going ok so it's effectively coordinated as well it's a but who's leading the protesters that's the interesting thing about this there doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or a union or civil society this...
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to say and ok it's for terrorists for bad guys it's for and it's evil to use it within that context it's how she stood out amongst all her peers and her competitors to move fairly into bitcoin mining and loads of research president worried about how rising prices would increase rising prices and that would boil down to asset allocation so there's a proud $100.00 trillion dollars floating in the invest the market around the world and you've got the money managers who are guardians of that $100.00 trillion dollars have to usually go by guidance suggested by asset allocation so they've got stocks bonds property commodities and they've been allocating to some small degree on a microscopic scale really bitcoin but as the market value because now it's happened trillion then a trillion and then several trillion little socially show up on as a class comparable to precious metal. and then the $100000000.00 by the fiduciary responsibility by the legal statute they must allocate to take advantage of the total investment opportunities globally and the so that right there what triggers another multi-trillion dollar rise in the ass in this case bitcoin yeah and let's tie those 2 together
to say and ok it's for terrorists for bad guys it's for and it's evil to use it within that context it's how she stood out amongst all her peers and her competitors to move fairly into bitcoin mining and loads of research president worried about how rising prices would increase rising prices and that would boil down to asset allocation so there's a proud $100.00 trillion dollars floating in the invest the market around the world and you've got the money managers who are guardians of that...
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bitcoin account has already has over $1000000.00 in donations already that's just under $3000.00 they've raised a lot of money $10.00. thousands of dollars at the moment to keep this movement going ok so it's effectively a coordinated as well it's a but who's leading the protesters that's the interesting thing about this there doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or a union or civil society this one has been organic and it's people coming together they have acknowledged the support they've got from some of these prominent activist but they insist they don't want a leader but we see the margins for example of women taking leadership you see individuals in certain roles right but overall this seems to be a very open with an ok and one other thing tony is the nature of these demonstrations in other countries in the world where people have been protesting something that police brutality we've seen violence right these protests violence people burning things all sort not the case with these protests no we've not seen you know the anarky or vandalism or looting that hasn't been a staple of this we'
bitcoin account has already has over $1000000.00 in donations already that's just under $3000.00 they've raised a lot of money $10.00. thousands of dollars at the moment to keep this movement going ok so it's effectively a coordinated as well it's a but who's leading the protesters that's the interesting thing about this there doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or a union or civil society this one has...
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bitcoin account has already has over $1000000.00 in donations already about just under $3000.00 they've raised a lot of money $10.00. of thousands of dollars at the moment to keep this movement going ok so it's effectively coordinated as we're leading to but who's leading the protesters that's the interesting thing about this that doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or union or civil society this one has been organic and it's people coming together they have acknowledged the support they've got from some of these prominent activist but they insist they don't want a leader but we see the margins for example of women taking leadership you see individuals in certain roles right but overall this seems to be a very open movement ok and one other thing tony is the nature of these demonstrations in other countries in the world where people have been protesting something like police brutality we're seeing violence right these protests become violent people burning things also it's not the case with these protests no we've not seen you know the anarky or vandalism a looting that hasn't been a staple of
bitcoin account has already has over $1000000.00 in donations already about just under $3000.00 they've raised a lot of money $10.00. of thousands of dollars at the moment to keep this movement going ok so it's effectively coordinated as we're leading to but who's leading the protesters that's the interesting thing about this that doesn't appear to be a leader or a group most kinds of protests of this nature in nigeria have been backed by a political party or union or civil society this one has...