Keynote : Apex Capital avec Nuri Katz | Bitcoin 2026

Hi everybody. My name is Nuri Katz. I'm the president of Apex Capital Partners and I want to talk just very quickly a little bit about the illusion that we have here in America of of America being a a safe haven and how some diversification in our lives may may be a good idea just to to start. Um my company has been around for 34 years. We've been in the business of advising high net worth individuals from all over the world to invest in various different countries. We also advise uh sovereign governments on how to attract foreign direct investment. Uh we we manage uh government agencies for a number of governments who in trying to help them attract uh foreign direct investment. Um we consider ourselves one of the global authorities in the second citizenship space. Um and so we work with with with people on on a lot of personal wealth management planning. What I want to point out right now is something that I think in America uh people don't take seriously enough. Uh I grew up in in Canada but in in 1990 I in my last year of college, I moved to the Soviet Union. And I ended up living in in Moscow for 23 years. And in 1990 the Soviet Union was falling apart. 1991 it fell apart completely. And the reason that it fell apart and broke up into 15 different countries, we all remember our history, and happened quite suddenly. It's something that nobody would have expected uh just a few months earlier. Nobody would have expected that the great Soviet Union or the evil empire or whatever you would want to call it would just flitter away and end up disappearing and and breaking up into 15 different sovereign countries. And the reason that it that that happened was that it was overburdened by debt. Uh Ronald Reagan outspent the Soviet Union and basically destroyed it. Well, today America reminds me of 1990 and 1991, the Soviet Union. Um where we are burdened by debt. Uh we're we're the I guess we're the poorest country in the world cuz they were the most indebted nation in the world. And we're not really talking about how does one get out of this situation. And the way that they got out of the situation in in the Soviet Union was the country broke up into its different states. And uh and also what happened was hyperinflation. Now, most Americans have never really seen hyperinflation. Hyperinflation is a pretty scary thing. Um it's uh it's it's really weird to go into a supermarket and there's no food in the supermarket because industry the economy just isn't working. We're at that point in a way here in America where we've got to figure out what to do with this debt. And there only really two ways to sort of pull ourselves out of this debt. One is by printing a lot of money, which creates a lot of hyperinflation. And um that hyperinflation is would would look really a lot worse than the little bit of inflation that we've seen and we've been crying about since um since COVID happened. Um the other way um which might be even simpler is certain is is simply defaulting on debt. And uh if you default on the debt, in many ways it's sort of the end of the country as you know it um because we've we've been brought up to believe in the in the strength and and of the of the US government. And that would just mean that the US government doesn't really exist and can't manage itself. But something's going to have to happen. Now, everybody here is sort of thinking about the the risks involved with with holding dollar assets uh it or current the currency itself. And that's what Bitcoin is is here for because it's a it's a store of value, but it's a store of value versus the US dollar. Everybody here calculates their Bitcoin as, "Okay, I got one Bitcoin, so I got about $76,000." Um and we don't really think about the fact that, you know, Bitcoin has gone down by what, 35% in the last little while? Well, the dollar has gone down by 35% in the last little while as well. Uh you know, it's it's funny, but I I I speak about Russia a lot, but in last year, the dollar went down versus the Russian ruble by 30%. So, if you think about it, if the um Bitcoin has gone down by so much, it's actually gone down by a lot more versus all the other currencies. So, your $76,000 today can buy you a lot less of Canadian dollars or Israeli shekels or or um other uh other currencies. And so, Bitcoin offers a certain store of value, but it has to also it's a certain store of value related to the dollar, not related so much to the other the other currencies and that means that yeah, maybe Bitcoin prices are going to go way up, but there might be hyperinflation and you know, $200,000 or a million dollars will buy you chewing gum. We don't know that. Uh and so yeah, so Bitcoin is worth a million, that's great. But uh so I think that we are all here sort of stuck in a in a geographic trap where our assets are US dollar based and our lives are US dollar based and I think that it's time to sort of think about diversifying not only um our financial assets, but our personal assets. We need to be thinking more about the big world out there and how it and how it works and how we work with within it. Welcome to Predict. The [music] world is a market. Everything is a market. Every headline moves the line. Every moment is your market. >> [music] >> Call the moves. Bet on your instinct. Your prediction, your edge. Dual bits Predict, where everything is a market. We are now most Americans are sort of trapped under this one government that we that we live with and that we believe in, but as we see with the way the the the world is working, we can't count on on what the governments are going to do and especially now really what what this government is going to do and what the next government is going to do. I mean, there's a lot of concern about the backlash against this government becoming a very radical leftist government that will come in and start nationalizing things. Uh and that's again one of the reasons that we're talking about Bitcoin as well, but it's also us personally, we're stuck in a um in in one country without the ability to really get out and we've seen in a lot of other countries where borders can close or or your the value of your passport can can suddenly drop. Uh if you remember during COVID, the the value of the US passport dropped down. You You weren't allowed to travel anywhere with a US passport and you weren't allowed to get out of here. Uh it was it was quite a interesting thing. Nobody would have ever imagined that. So, we talk a lot about how to diversify yourself personally, how to prepare for what may be coming. And now maybe nothing is going to come and I don't want to be a scaremonger and say, you know, the world is going to fall apart, but we do know that um the United States is in a really tough tough situation. I mean, really even if you think about the geopolitical issues that are going on now, we're at war in Russia, where where at war of sorry in in in Iran and and a few little boats are able to uh change the way the the world economy works because of the in the Straits of Hormuz and our oil prices have skyrocketed and may still double or triple. We don't know where that's all going. And so, being stuck in one country and not being able to go to others or live in others in case things get really change a lot, um I think is something for all of us to start thinking about uh and start thinking about how we need to diversify both our currency, our assets, and our personal passport portfolio, we call, and think about having options in life if if America doesn't isn't able to get out of this really tough situation that it's in going forward. So, thank you all. I appreciate it and uh I'm done. Have a good one. >> [music] >> Every year, this community comes together >> [music] >> to celebrate, to debate, to build what comes [music] next. And every year, the stage [music] gets bigger. Sound money center stage. [music] So, where do you go to celebrate the next chapter in Bitcoin history? You come home. >> [music] >> Nashville, July 2027.