🚨 BITCOIN: LAST CHANCE!!!!!!!

Thomas Kralow
17 Jun 202407:07

Summary

TLDRIn this video, Tom Car reflects on the grandeur of nature during a hike up Mount Rainer, drawing parallels to the potential of Bitcoin and blockchain technology. He discusses the possibility of Bitcoin being a scam, theorizing about its origins and potential impact on wealth distribution. Despite these risks, he remains optimistic about crypto's future, dismissing traditional investments like real estate and gold as less promising. Tom encourages viewers to consider crypto as a hedge against inflation and a path to wealth, emphasizing the importance of proper risk and money management.

Takeaways

  • πŸŒ„ The speaker, Tom Car, is reflecting on the beauty of nature and the scale of the world during a hike up Mount Rainer, which leads him to think about Bitcoin.
  • πŸ€” Tom suggests that if you're still considering investing in Bitcoin or Ethereum, understanding the workings of the dollar and blockchain systems will highlight Bitcoin's potential performance.
  • πŸ’‘ He argues that Bitcoin could outperform other assets in the next 5 to 10 years, except for some individual stocks, which he deems a riskier comparison.
  • πŸ’Έ Tom addresses the possibility of Bitcoin being a scam, suggesting it could be a scheme by powerful entities to widen wealth gaps, but argues that the journey would still be worthwhile.
  • πŸ›οΈ He speculates on the origins of Bitcoin, suggesting it could have been created by the Pentagon, NSA, CIA, or other conglomerates as a way to manipulate wealth.
  • πŸ’‘ Despite the conspiracy theories, Tom believes that even if Bitcoin fails, the experience of investing in it is valuable and aligns with his belief in taking risks for potential rewards.
  • πŸ’° He dismisses other forms of investment like real estate, bonds, and gold as less effective than Bitcoin in terms of wealth preservation and growth.
  • πŸ“‰ Tom criticizes the performance of gold and suggests that Bitcoin is a better hedge against inflation.
  • πŸš€ He sees crypto and high-tech stocks as the only viable paths to wealth in the current economic climate.
  • πŸ’‘ Tom encourages viewers to take pride in choosing to invest in crypto, even if it turns out to be a loss-making venture, as it represents a brave choice.
  • 🌈 He concludes by reminding viewers that there's more to life than wealth and material possessions, but also acknowledges the allure of luxury.

Q & A

  • What is the main topic of Tom Car's video?

    -The main topic of Tom Car's video is the potential of Bitcoin and cryptocurrencies as an investment, comparing it to other traditional assets and discussing the possibility of Bitcoin being a scam or a government conspiracy.

  • Why does Tom Car relate his hiking experience on Mount Rainer to Bitcoin?

    -Tom Car relates his hiking experience on Mount Rainer to Bitcoin because the awe-inspiring scenery and the vastness of the world he experienced during the hike made him think about the potential scale and impact of Bitcoin and cryptocurrencies.

  • What does Tom Car suggest about the performance of Bitcoin compared to other assets?

    -Tom Car suggests that Bitcoin could potentially outperform other assets, including traditional stocks and even some individual stocks, in the next 5 to 10 years.

  • What is Tom Car's stance on the possibility of Bitcoin being a scam?

    -Tom Car acknowledges the possibility of Bitcoin being a scam, but argues that even if it is, the journey of investing in it would still be an amazing experience, similar to the journey of trying to conquer Mount Rainer.

  • What theory does Tom Car propose regarding the creation of Bitcoin?

    -Tom Car proposes a theory that Bitcoin might have been created by a conglomerate of agencies and big corporations in the United States, such as the Pentagon, NSA, CIA, or Black Rock, as a scheme to manipulate wealth distribution.

  • How does Tom Car view the potential impact of Bitcoin on the middle class?

    -Tom Car suggests that if Bitcoin were to be a scam and it crashes to zero, it could potentially remove the middle class altogether, as there is a significant portion of the middle class currently invested in cryptocurrencies.

  • What alternative investments does Tom Car discuss in the video?

    -Tom Car discusses alternative investments such as real estate, bonds, mutual funds, ETFs, gold, and oil, but he finds them less appealing compared to cryptocurrencies and high-tech stocks.

  • Why does Tom Car consider gold to be a poor measure for wealth preservation in this context?

    -Tom Car considers gold to be a poor measure for wealth preservation because it does not outperform inflation on an 8-year or 4-year cycle basis, and he believes Bitcoin is a better hedge against inflation.

  • What is Tom Car's view on the importance of diversification in investment?

    -Tom Car encourages diversification but emphasizes that he himself is 'all in' on cryptocurrencies in this investment cycle, suggesting that despite the risks, he believes in the potential of crypto to create wealth.

  • What does Tom Car offer to his viewers regarding trading cryptocurrencies?

    -Tom Car offers a tutorial on how to trade Bitcoin and other cryptocurrencies with proper risk and money management, which can be accessed through a link in the video description.

  • What is Tom Car's final message about life beyond financial success?

    -Tom Car's final message is that while financial success and material possessions are good, there is much more to life than just money and consumerism, emphasizing the beauty of the world outside of these pursuits.

Outlines

00:00

🌟 Reflecting on Bitcoin and Life's Journey

In this paragraph, Tom Car shares his personal musings on Bitcoin during a hike up Mount Rainer, Washington State. He emphasizes the beauty and vastness of the world, drawing a parallel to the potential of Bitcoin. Tom discusses the current state of the dollar and blockchain systems, asserting that Bitcoin could outperform other assets in the next 5 to 10 years. He also addresses the possibility that Bitcoin could be a scam, theorizing about its origins and potential impacts on wealth distribution. Despite these risks, Tom expresses his commitment to holding a significant portion of his wealth in crypto, viewing it as a worthwhile gamble. He contrasts crypto with other traditional investments like real estate, bonds, and gold, arguing that Bitcoin is a better hedge against inflation. Tom concludes by suggesting that crypto and high-tech stocks are the best paths to wealth, even if they come with the risk of being part of a larger scheme.

05:02

πŸš€ Embracing the All-or-Nothing Crypto Mindset

In the second paragraph, Tom Car continues his discourse on cryptocurrency, advocating an all-or-nothing approach to investing in the current cycle. He likens the potential beauty of the outcome to the stunning view from Mount Rainer, despite the physical exertion required to reach it. Tom simplifies the market situation, suggesting that the world is beautiful beyond the confines of financial pursuits. He touches on the idea of diversification but admits to being fully invested in crypto. Tom also mentions bonuses for larger traders and provides a link for a tutorial on trading cryptocurrencies with proper risk and money management. The paragraph concludes with Tom's signature sign-off, urging viewers to stay smart and wealthy, and promising to see them in the next video.

Mindmap

Keywords

πŸ’‘Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. It is the first and most well-known cryptocurrency, often used as a benchmark for the entire crypto market. In the video, Tom Car discusses Bitcoin as a potential investment opportunity, comparing its potential performance to other assets like stocks and gold, and even considering the hypothetical scenario of it being a scam.

πŸ’‘Blockchain

Blockchain is a distributed ledger technology that records transactions across multiple computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks. It is the underlying technology behind cryptocurrencies like Bitcoin. Tom Car mentions blockchain in the context of explaining how Bitcoin works and its potential as an investment.

πŸ’‘Dollar

The dollar refers to the official currency of the United States and is also used to represent the concept of fiat currency in general. In the video, Tom Car compares the dollar's system of value with the blockchain system, suggesting that Bitcoin might offer superior performance in the next 5 to 10 years.

πŸ’‘Investment

An investment is an asset or item acquired with the goal of generating income or appreciation. Tom Car discusses various forms of investment, including Bitcoin, stocks, real estate, and gold, evaluating their potential for wealth creation and inflation protection.

πŸ’‘Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. Tom Car argues that Bitcoin is a better hedge against inflation than gold, suggesting it as a superior store of value.

πŸ’‘Cryptocurrency

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Tom Car talks about the potential of cryptocurrencies, particularly Bitcoin, as an investment and their role in diversifying one's portfolio.

πŸ’‘Pentagon

The Pentagon is the headquarters of the United States Department of Defense. In the video, Tom Car presents a conspiracy theory suggesting that the Pentagon, along with other agencies or corporations, might be behind the creation of Bitcoin as a scheme.

πŸ’‘Satosi Nakamoto

Satosi Nakamoto is the pseudonymous creator of Bitcoin, whose real identity remains unknown. Tom Car speculates on the possibility that Nakamoto could be a front for a conglomerate of agencies and corporations, hinting at the mysterious origins of Bitcoin.

πŸ’‘Wealth

Wealth refers to an abundance of valuable resources or material possessions. Tom Car discusses the potential of Bitcoin and other cryptocurrencies to increase one's wealth, contrasting it with traditional investments like real estate and stocks.

πŸ’‘Risk Management

Risk management is the process of identifying, assessing, and controlling threats to an investor's capital. Tom Car briefly mentions the importance of proper risk and money management when trading Bitcoin and other cryptocurrencies.

πŸ’‘Middle Class

The middle class refers to a social and economic class that falls between the working class and the upper class. Tom Car raises the possibility that the middle class, which is heavily invested in crypto, could be negatively impacted if Bitcoin were to fail.

Highlights

Tom Car discusses the importance of understanding the system of the dollar and the blockchain system to appreciate Bitcoin's potential.

He suggests that Bitcoin could outperform other assets in the next 5 to 10 years, barring any comparison to individual stocks.

Tom raises the possibility of Bitcoin being a scam and explores the hypothetical scenario of it being created by the Pentagon or other agencies.

He contemplates the idea of Bitcoin being a scheme designed to widen the wealth gap and potentially eliminate the middle class.

Tom speculates on the identity of Satoshi Nakamoto, suggesting it could be a front for powerful agencies and corporations.

He argues that even if Bitcoin were to hit zero, the journey and experience would still be valuable.

Tom dismisses the appeal of traditional investments like real estate, bonds, and gold as poor performers against inflation.

He asserts that Bitcoin is a better hedge against inflation than gold, based on its potential performance.

Tom expresses skepticism about other investment opportunities like oil due to regulatory uncertainties.

He advocates for crypto and high-tech stocks as the best avenues for wealth accumulation in the current climate.

Tom emphasizes the 'All or Nothing' philosophy regarding crypto investment, suggesting a binary outcome of wealth or loss.

He encourages viewers to be proud of choosing to invest in crypto, even if it results in a loss, as it represents taking a bold path.

Tom reflects on the beauty of life beyond money and material possessions, suggesting a broader perspective on success.

He humorously contrasts the preference for sadness in luxury over discomfort in public transport.

Tom provides a link for viewers trading over $100,000 to claim discounts on trading platforms.

He offers a tutorial on trading Bitcoin and cryptocurrencies with proper risk and money management.

Tom concludes with a message of peace, love, and wealth, encouraging viewers to stay smart and rich.

Transcripts

play00:00

hello there everyone my name is Tom car

play00:02

welcome back to my YouTube channel today

play00:04

I'm coming to you with a very important

play00:05

topic I'm on my application as you could

play00:07

say doing a lot of traveling for the

play00:09

event horizon a lot of meetings and

play00:11

stuff but also doing some touristic

play00:14

stuff totly in Washington state pretty

play00:17

epic and you know I was doing this huge

play00:20

hike just going up this mountain Mount

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Riner if you're from Seattle area or

play00:25

Washington State you'd probably know so

play00:29

I'm doing this hike you know I got it

play00:32

got me thinking really looking at all

play00:35

this scenery and how beautiful and how

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huge the world is and

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how just mesmerizing mesmerizingly big

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some of the things are and this is what

play00:46

got me thinking about Bitcoin and about

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everything that is happening right now

play00:50

and quite frankly you know if you're

play00:53

still on a fence of maybe buying Bitcoin

play00:56

or eth or maybe deing into some old

play01:00

coins for better performance you know

play01:02

what you have to remember is that if you

play01:04

just

play01:06

analyze how the system of the dollar

play01:09

actually works and how the blockchain

play01:11

system actually works how Bitcoin

play01:13

actually works you'll understand that

play01:16

there is not a single one asset that

play01:19

could give you the performance that

play01:21

Bitcoin could in the probably in the

play01:22

next 5 to 10 years unless we compare it

play01:25

to some individual stocks which is

play01:28

probably not the smartest thing to do so

play01:31

if Bitcoin ends up being a scam that's

play01:33

what I also want to address in this

play01:36

video you know when you're trying

play01:38

something and it doesn't work out like

play01:40

trying to conquer Mount Riner here if it

play01:43

doesn't work out it was still which it

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probably won't it it would be just an

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amazing journey the same thing with with

play01:51

Bitcoin if it all goes to zero if it's

play01:53

all a panzi scheme created by Pentagon

play01:56

which is a crazy theory of

play01:58

mine and if it is the case and then it

play02:01

just ends up being a huge rck pool

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designed to make people poor designed to

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even create an even larger gap of

play02:10

between the rich and the poor and

play02:12

perhaps even remove the middle class all

play02:14

together because there is a lot of

play02:16

middle class in crypto right

play02:18

now could it be the case that Bitcoin

play02:22

was actually created by the Pentagon or

play02:26

maybe NSA or maybe CIA or maybe Black

play02:30

Rock in combination with CIA or some

play02:32

stuff or something at this level could

play02:35

it be the case that satosi

play02:37

Nakamoto is actually a conglomerate

play02:40

between agencies and big corporations in

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the United

play02:44

States uh and then you know they push

play02:47

people into it and then they just crush

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it to zero they dump it and it all goes

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to zero and they keep the money

play02:53

basically because the casino always

play02:55

keeps the money and if they are the

play02:58

casino if it were to happen and Bitcoin

play03:02

basically hit

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zero in my opinion it still would be an

play03:07

amazing beted right now because you

play03:09

cannot really know who is behind Bitcoin

play03:12

whether one of those scenarios where

play03:14

Bitcoin goes to zero whether it's

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actually true so therefore if it

play03:18

actually did go to zero I'd still be

play03:20

happy to be holding 95% of my wealth

play03:23

ging crypto because there is nothing

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[Β __Β ] else as if it all crashes down

play03:28

to zero so be it it was a good try

play03:31

that's what I'm trying to C here

play03:34

so generally speaking I don't find it

play03:38

entertaining to even consider things

play03:41

like real estate that thing is barely

play03:45

making your ends meet in terms of

play03:47

inflation you're not making any money

play03:49

you're basically may be preserving your

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Capital same thing goes for us bonds

play03:54

those are a joke what

play03:56

else maybe some mutual funds and ETFs

play03:59

that's just as risky arguably investing

play04:03

in gold gold is just a terrible measure

play04:06

for wealth in this instance and the

play04:09

potential of increasing your wealth

play04:11

right probably more correct from that

play04:14

angle so and it also doesn't even

play04:16

outperform inflation I think on a 8 year

play04:20

basis or four year cycle basis so

play04:22

Bitcoin is actually a better hedge

play04:24

against inflation than gold so what else

play04:27

is there oil with the currency situation

play04:30

in the Middle East and so many

play04:32

uncertainties well I don't see it as

play04:35

something that is going to go parabolic

play04:38

with currently with all the regulations

play04:39

and stuff esgs or whatever so crypto and

play04:43

some high-tech stocks is all you've got

play04:46

my friend if you want to become wealthy

play04:49

so if it is all a huge plan of some Evil

play04:52

Genius some government conglomerate

play04:55

whatever and it causes you to lose money

play04:58

if that is the case be proud because you

play05:02

actually chose the best path and you

play05:04

were not scared you want to be safe just

play05:06

diversify and put everything in crypto

play05:09

but as for

play05:10

myself I'm just all in in this cycle and

play05:13

I think it's going to end up being even

play05:15

more beautiful than this view of Mount

play05:18

Riner which is just

play05:21

wow look how epic the scenery here is

play05:25

absolutely

play05:27

staggering and I sound like I'm going to

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have a [Β __Β ] hardest attack cuz we've

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been walking for a few miles in of the

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mountains which is incredible so that

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being said guys this is just a general

play05:39

talking video nothing much is happening

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in the markets right now so I decided to

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do something a bit

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different this is my

play05:47

belief right now with

play05:49

crypto it's simply All or Nothing we

play05:52

either all survive and become wealthy

play05:56

well even wealthier or wealthy whatever

play06:00

or it's nothing and so [Β __Β ] be it

play06:02

because guess what actually the

play06:04

world isot very beautiful outside of

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even the realm of money and consumerism

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and huge financial targets fast cars

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yachs planes private jets there's so

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much more to life than just that but

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that stuff is good though that stuff I'd

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rather be sad in a [Β __Β ] private jet

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than in a [Β __Β ] public [Β __Β ]

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bus anyway guys this is something I

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wanted to really hear with you some

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thoughts and uh I'm not even going to go

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deep into the technicals it's just not

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worth it for this video so anyway check

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out the all the bonuses if you are a

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whale you're trading with more than

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100,000 bucks you can claim up to 40%

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42%

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discount on buy bit if you sign up using

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my link down description this video and

play06:51

check out this quick tutorial as how to

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trade Bitcoin and other cryptocurrencies

play06:55

with proper risk and money management

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you're going to learn a lot check it out

play06:59

and as always peace and love cwlo stay

play07:00

smart stay very rich and I'll see you

play07:03

guys in the next video bye-bye

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Related Tags
Bitcoin AnalysisCryptocurrencyInvestment AdviceNature HikingMount RainerBlockchain TechFinancial FreedomRisk ManagementInflation HedgeWealth Building