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Do you remember when your 
economics professor called 

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Bitcoin a scam? 
It serves no purpose. 

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It's not a store of value, it's 
not a medium in exchange. 

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And as we have seen, if you want
it decentralized and not under 

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government control, it is a 
haven for fraudsters. 

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Yeah, those same ivory tower 
folks are now teaching Bitcoin 

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one O 1, MIT, Stanford, 
Princeton and even those 

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Berkeley hippies are grading 
that Bitcoin homework. 

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Those same institutions who once
called Bitcoin a joke are now 

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charging you 50 grand a year to 
learn it. 

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That's like almost half a 
Bitcoin. 

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So what happened? 
And what does that mean for 

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adoption? 
I'm oceans? 

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This is beyond Bitcoin classes 
in session. 

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For the first time in 100 years,
there's a capital asset other 

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than treasury bills that you can
use to capitalize a publicly 

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traded company on. 
That's that's liquid. 

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Bitcoin is a digital digital 
commodity, a digital scarcity. 

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And theoretically, if you think 
through the the implications of 

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having a digital commodity that 
you capitalize a public company 

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on, if it outperforms the S&P 
and is more volatile than the 

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S&P, then you will have 
positively polarized the balance

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sheet of the company to capital.
Which means in theory, you can 

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raise infinite money. 
And the more money you raise, 

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the wealthy or everybody gets 
in, the faster the stock price 

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goes up and the more money you 
can raise. 

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And that's blowing people's 
minds, right? 

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Because that is such a profound 
concept that the more money 

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capital I raise, the more 
capital I can raise. 

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That breaks every textbook at 
Harvard and Stanford. 

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It's no surprise that in the 
early 2000 tens, Bitcoin was 

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like the boogeyman of academia. 
The professors of that time 

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probably shrugged it off and 
said, you know, it's for 

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criminals only, or it's all 
going to go to 0. 

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It wastes energy policy. 
Schemes are usually the most 

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exploitative, the most abusive 
and the worst. 

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And Bitcoin, frankly, looks 
exactly like that. 

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These kinds of typical FUD that 
you've heard dozens and dozens 

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of times. 
Some schools literally banned 

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mining rigs in dorms because 
students were tripping circuit 

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Breakers. 
Well, maybe that's not the only 

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thing they were tripping, am I 
right? 

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Bitcoin wasn't just ignored, it 
was actively dunked on by the 

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so-called experts and students 
alike. 

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And as late as last year, 
Harvard commencement speaker 

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Chris Pan was speaking about 
Bitcoin in his commencement 

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speech and was booed by the 
entire student body. 

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But I urge you to keep an open. 
Mind, right? 

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Now no, I see bitcoins. 
The irony is that the students 

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that weren't racking up hundreds
of thousands of dollars of loans

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were already miles ahead of the 
rest of them by simple Reddit 

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posts. 
But as we all know, Bitcoin 

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didn't die. 
Every time it crashed, it came 

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back stronger, like some kind of
financial cockroach. 

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Students started underground 
Bitcoin clubs, hackathons, 

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meetups, even UC Berkeley made 
it official. 

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MIT literally airdropped Bitcoin
to its students back in 2014. 

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Half of them probably spent it 
on pizza. 

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The other half is probably 
retired by now. 

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Universities have eventually 
realized that if you're going to

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ignore Bitcoin, students will 
probably learn it without you. 

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So the university is probably 
thinking, how can I capitalize 

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on this? 
Let's charge $50,000 a year and 

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teach them about the blockchain.
Blockchain is real. 

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It's a technology. 
We use it. 

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It's going to move money, it's 
going to move data. 

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It's efficient. 
We've been talking about that 

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for 12 years too. 
And it's very small, OK. 

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So I think we've wasted too many
words in that. 

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Crypto currencies, there are two
types. 

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There's a cryptocurrency which 
might actually do something. 

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Think if a cryptocurrency has an
embedded smart contract in it 

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and then we can use it buy and 
sell real estate to move data 

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that may have value. 
The idea of tokenizing, 

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tokenizing things that that you 
do something with. 

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And then there's one which does 
nothing. 

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I call it the pet rock, the 
Bitcoin or something like that. 

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Yes, the blockchain. 
Now I want to pause here for a 

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These guys are incredible. 
They have all the survival gear 

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Communication lines go down and 

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the grid is out. 
SAT 123.com has got you covered.

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They got satellite phones, 
Faraday bags, solar power 

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generators, and if you go to 
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That's SAT 123.com link in the 
show notes. 

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00:04:39,200 --> 00:04:42,080
Fast forward to today and 
Bitcoin is on the syllabus of 

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some of the most elite colleges 
in the world. 

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Jack Mallers, who we all love 
and adore, explains in this clip

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how some of the most elite 
colleges, like Harvard, are 

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changing their tune on Bitcoin. 
You are not going to win and you

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are not going to survive owning 
bonds and stocks. 

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The 6040 portfolio is dead and 
even Harvard agrees. 

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Right after Trump signs this 
executive order, Harvard bought 

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over $100 million worth of 
Bitcoin exposure. 

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That is the most prestigious 
university, not only in America,

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in the world that has 100 
million plus dollar Bitcoin 

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position. 
Pensions, endowments, sovereign 

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wealth funds are buying Bitcoin 
because you cannot sustain and 

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survive on bonds. 
And this is no longer 

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speculative. 
On this show, I spend months, 

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you know, I really think so. 
You know, if I ran a pension, 

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you know, if I were in charge of
funding teachers in Chicago. 

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But now we're living it. 
We literally now have the US 

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government writing executive 
orders in endowments like 

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Harvard. 
Just saying if we're going to 

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survive, we need actual returns.
We can go down the list of these

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colleges that are offering 
Bitcoin courses. 

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Princeton, for instance, has a 
full Bitcoin course, which they 

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also offer on Coursera because 
their tuition is not very cheap.

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Stanford, MIT, Berkeley, 
Cambridge, Columbia, and even 

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Edinburgh all offer courses on 
Bitcoin. 

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So why does this matter? 
Well, not to state the obvious, 

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but it means that Bitcoin has 
reached its next level of 

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adoption. 
When the best colleges in the 

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world are teaching Bitcoin in 
their classes, that really means

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something. 
That means something. 

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The same professors who mocked 
Bitcoin are now training the 

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next wave of Bitcoin devs, 
entrepreneurs, and policy wonks.

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What's a policy wonk? 
I have to look that up. 

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Students that are entering Wall 
Street, Silicon Valley, or the 

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government even, are already 
orange peeled. 

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Bitcoin has gone from contraband
in your dorm room to core 

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curriculum. 
Adoption isn't just about buying

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Bitcoin, it's about changing 
culture. 

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And if Bitcoin has infiltrated 
the ivory tower of education, 

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that's some culture conquered. 
What we have with Bitcoin is a 

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new form of software that's 
that's very has a very tight 

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grip on reality through proof of
work mining, right. 

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It's like integrated to energy, 
if you will. 

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And this technology is, is 
having implications or or 

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effects on our own code. 
Like the way I think about this 

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is, look, we're all, maybe this 
is not an exact term, but we're 

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running cognitive code. 
We're all running some kind of 

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software to be conscious, right?
That's what the brain is. 

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It's the organic computer, 
whatever you want to call that. 

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Well, our cognitive code is 
interfacing or interacting with 

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legal codes and moral codes, 
software codes, all these 

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different codes we've created 
for ourselves. 

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And the way that the, I guess 
maybe the purpose of the 

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intention, maybe not just 
purpose in Earth, the essence of

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whatever is written into that 
code has a mutual influential 

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effect on our mind. 
And that's what seems to be 

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happening with Bitcoin. 
Yeah, and. 

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Changing us? 
What I kind of interesting is 

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that, you know, we tend to think
that law exists in the outside, 

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00:08:11,360 --> 00:08:15,200
right, that laws that are 
written in a written form, but 

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00:08:15,240 --> 00:08:18,560
you know, a lot of laws actually
are internal. 

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Like you said, it's a 
commutative right. 

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So that counter has sexual 
principles and that liberate our

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behavior. 
So for me, society, I I grew up 

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in Japan, so Japanese cultures 
had certain kind of customs and 

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00:08:32,880 --> 00:08:36,880
ways of being right. 
And even even though I moved to 

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00:08:36,880 --> 00:08:40,720
the USI carry these laws, you 
know, within myself. 

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00:08:40,720 --> 00:08:43,360
And then when I interact with 
Americans, for instance, I catch

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00:08:43,360 --> 00:08:46,560
myself, wow, you know, I am 
operating with Japanese code, 

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00:08:46,600 --> 00:08:49,280
right? 
And and even though like like so

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for instance, like we have in 
Japan, like we have freedom of 

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speech, but you know, we the 
culture called create a friction

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00:09:00,280 --> 00:09:02,880
because culturally we are not 
allowed to speak freely. 

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00:09:03,400 --> 00:09:08,040
So there are, you know, we kind 
of regulate our behavior at the 

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unconscious level. 
We're self censoring. 

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By self censoring and that there
is no external law or anything 

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00:09:15,200 --> 00:09:18,560
making us to behave like like 
that, you know, even though the 

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freedom of speech exists 
technically, but we don't allow 

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00:09:21,640 --> 00:09:24,480
ourselves to claim that right? 
Because of the culture code, 

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00:09:24,520 --> 00:09:27,960
right? 
So, you know, so that's why I 

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00:09:28,000 --> 00:09:32,680
found interesting that Bitcoin 
is global and Bitcoin is 

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00:09:32,680 --> 00:09:36,800
creating a new culture, you 
know, enabling a new set of 

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00:09:37,240 --> 00:09:40,600
universal human rights code, so 
to speak, you know, and the 

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00:09:40,600 --> 00:09:43,440
freedom is universal freedom 
should be applied to everyone, 

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00:09:43,440 --> 00:09:44,880
right? 
And let's not forget that 

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Bitcoin runs on mining. 
That's the heartbeat of the 

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00:09:47,080 --> 00:09:48,920
whole thing. 
Do you want to be a part of it 

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00:09:49,160 --> 00:09:51,000
without turning your garage into
Asana? 

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00:09:51,400 --> 00:09:54,000
I know I do. 
SaaS mining.com has got you 

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00:09:54,000 --> 00:09:55,880
covered. 
Plug and play Bitcoin mining 

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00:09:55,880 --> 00:09:58,360
powered by renewables. 
It's like joining the Bitcoin 

179
00:09:58,360 --> 00:10:01,560
backbone without fighting your 
landlord over the electric bill.

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00:10:01,680 --> 00:10:04,480
Book a call with one of their 
expert team members and start 

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00:10:04,480 --> 00:10:08,680
mining today at SAS mining.com. 
From ridicule to respect, 

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00:10:08,680 --> 00:10:11,440
Bitcoin is now a subject at the 
same schools that once trashed 

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00:10:11,440 --> 00:10:12,880
in. 
That's not just education, 

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00:10:12,880 --> 00:10:15,080
that's adoption. 
The orange pill has officially 

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00:10:15,080 --> 00:10:18,400
gone Ivy League, and honestly, 
that's pretty weird. 

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00:10:18,400 --> 00:10:22,920
But as we all know, in Bitcoin, 
weird is kind of normal. 

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00:10:22,960 --> 00:10:24,600
Anyway, that's our show for 
today. 

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00:10:24,600 --> 00:10:26,480
Thank you so much for watching 
imotions. 

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00:10:26,480 --> 00:10:28,320
This is beyond Bitcoin. 
If you like what you see and you

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00:10:28,320 --> 00:10:30,680
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191
00:10:30,680 --> 00:10:33,400
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00:10:33,400 --> 00:10:38,520
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00:10:38,520 --> 00:10:41,200
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