Preparing video...
0:00 / 0:00

What Does The Torah Say About Bitcoin In End Of Days (PART 1)

8,258 views
Rabbi Yaron Reuven avatar
Rabbi Yaron Reuven

Transcript

Auto-generated transcript. Not time-synced to the video.

everything we've been talking about for  the last few years about the war of gog   magog is is happening whether you like it  or not Gog is rising gog is rising whoever   it is but the Gemara specifically  says that the Moshiach (Messiah)   is not going to come until everyone is  broke so everyone doesn't have any money so wait a minute how could this be the stock  market which I haven't followed in many many   months but someone asked me about it the other day  so I looked at it the market is at all-time highs   I mean it doubled since I left of just a couple  years ago the this stupid illusionary investment   called Bitcoin that was worthless when I left a  few years ago and became even more worthless today   but people paying even a higher price for it so  I think it was maybe like 2000 a couple years ago   and now it's like 7,000 8,000 and reached 8,000  the the.com bubble that we saw in the year 2000   is the comminute sure bubble next to the bubble  that we're in right now you have companies that   literally generate nothing and are being valued at  50 or 100 billion dollars for absolutely no reason   whatsoever and a few that are generating something  are also being valued extraordinarily high prices   the point I'm trying to make is not to get you  guys to either buy or sell anything that's not   my business what I'm trying to tell you is that  the way of a Shem at least what we've seen is   that this is a pattern as a pattern of things that  happen and a shrimp brings us very very high very   very high brings us to an ultimate peak before he  breaks everything we get to a culmination point we   get to a high before everything collapses if you  see every major crash that has ever happened in   the stock market history real estate history any  business history any crash that has happened on a   personal history people's personal lives major  billionaires millionaires whatever always went   that way always they hit a peak and then they just  there was no way but down sometimes it's settled   down for a little while and then it was a bigger  Christ later but either way that's generally how   it works or some brings you really really high and  then he collapses and it seems like all of this is   happening right now and oil market is next because  what's happening in Saudi Arabia is unprecedented   and I think that anyone that's not worried it's  time to get worried because the money that anyone   has in their accounts investments and all of that  stuff is not going to help them in any way shape   or form because when the eventual crash happens  it's not gonna be like any crash before it's not   gonna be like the 2008 crash that I saw with my  own eyes it's not gonna be like the crash of 2000   calm it's not gonna be like the long-term capital  crash of 1996 a bunch of smart smart guys a couple   of smart guys ran a big hedge fund over leveraged  it it blew up but almost the whole entire market   almost blew up because of them 1996 it's not gonna  be like the real estate recession of 91 it's not   going to be like the major major collapse of 1987  where the market dropped over 20% in a matter of   minutes it's not going to be like that at the  end of the days when a chef decides to press the   button you're all going to witness something I've  been thinking for years but you're gonna see it   and unfortunately it's gonna hurt no one is gonna  be protected from it and you're gonna see the real   Bitcoin you're gonna see what's the real Bitcoin  I'm not this Bitcoin right now this 7000-8000 it's   tough it's nonsense a bunch of people gonna end up  losing a bunch of money but I'm not talking about   that the real Bitcoin is that everyone that's  working night and day chasing a dollar everyone   in every country is chasing a dollar everyone in  every country is chasing money everyone thinks   they're convinced they're gonna be rich there's no  one that goes to work every day that doesn't think   that some point is life is gonna be rich that's  what keeps people going even if they're gonna make   only seventy thousand dollars each year or eighty  thousand this year one hundred thousand this year   some are like maybe it's not gonna come from the  job but I'm gonna keep doing this job until I get   rich with something else everyone thinks is gonna  be richer that's why they work overtime that's   why they do all these things they do they forget  God and chase money but what's gonna happen the   Kamala's says that everyone's gonna be broke how  could everyone go broke how could the guy Steve   Bezos from Amazon just declared the richest man in  the world has close to a hundred billion dollars   95 billion or something like that it's ridiculous  amount how could he go broke how could Bill Gates   go broke how could all these people go broke how  well you're all going to discover that a shim   runs the world ain't gonna show you what the real  Bitcoin is by Bitcoin I mean illusion the illusion   is the illusion is that you're going to discover  that the dollar you have in your pocket has been   the real Bitcoin the whole time I'm not gonna  over elaborate on this financial terms but just   for the purpose of of content for you guys so you  understand what I'm talking about until the late   70s the dollar was backed by gold the dollar was  backed by gold meaning that for every dollar they   printed they had an assurance that they have a  certain amount of gold justifying the value of   the dollar meaning you keep print as many dollars  as you want or any currency as much as you want by   if you have nothing backing it that's worthless  it's just paper so until the seventies night   believe it's 1976 my memory serves me right  the dollar was backed by gold at that point   the u.s. decided to no longer back gold buy back  the dollar buy gold make it a freer currency but   they would justify its value by reporting things  that are called m1 m2 and m3 which is called money   supply as some of you may know this some of you  don't I'm its economy class maybe point is is   that it's a controlled distribution of currency  so you can't you don't just print currency out   of control because if you just have if there's  no checks and balances of how much money you   print you just print any amount of money you know  overnight become the richest country in the world   so yeah obviously there has to be something to  control that's why it was always backed by gold   because there's a certain amount of because a  finite amount of gold in the world so therefore   you can't print more money than you have gold  if it's backed by gold but if it's backed by   oil or if it's backed by whatever when that  stopped they said we're gonna control it by   reporting to you dear folks how much money we  have so you know that we're not going crazy so   that was the checks and balance system what 99% of  the population doesn't know is that they stopped   reporting the number over 15 years ago meaning  no one actually knows how much money how much   dollars are in circulation and no one really cares  because when the US government needed hundreds of   billions of dollars to be printed in a second  they were able to do it just by pressing a few   buttons on a computer and it magically appeared  because we needed it to save the crash we had   in 2008 all the banks all the hedge funds all the  different institutions mortgage companies Fannie   Mae Freddie Mac all these different mortgage  companies the money had to come from somewhere   what do you think they actually printed all of  that money overnight even if you tried printing   it there be printing it from 2008 all the way till  now and still not finish so what did they just   press buttons and since it's not being reported Oh  monitored by anyone they could pretty much do one because that shows that they don't have as  much but it says not again another illusion   the point I'm trying to make is that that's the  real Bitcoin that's the real illusion everyone   thinks that their money's worth something so  they think listen if you think the market is   gonna crash I'll sell the stocks if you think  oil is gonna go up I'll buy oil if you think   you know this is gonna do this I'll do this  if you think I'm gonna do this know what I'm   trying to tell you is that it's all going  to become worthless all of it at the end   of the days it's all going to be worthless  oils be worthless dollar will be worthless   all currency will be worthless it all will  be worthless which means you have to now   decide now the second which currency are you  going to chase until Messiah comes you have a   spiritual currency and you have a monetary  currency tell me by the end of the lecture