1 00:00:10,000 --> 00:00:14,100 Yo, welcome to Simply Bitcoin live. 2 00:00:14,100 --> 00:00:21,300 It is Friday June 16th 2023. I'm very happy. 3 00:00:21,500 --> 00:00:25,300 And the reason I'm very happy is because Bitcoin stays winning, 4 00:00:25,300 --> 00:00:28,900 I'm going to read you to headlines, and they're about 5 00:00:28,900 --> 00:00:31,200 five, six, maybe seven years apart. 6 00:00:32,200 --> 00:00:37,600 This is a headline from October 13, 2017 BlackRock CEO, Larry 7 00:00:37,600 --> 00:00:41,700 Fink, calls Bitcoin and quote index of money laundering. 8 00:00:42,900 --> 00:00:47,500 This is an, this is an article from the same publication June 9 00:00:47,500 --> 00:00:53,400 15, 20 22 3, BlackRock files for spot Bitcoin ETF with coinbase 10 00:00:53,400 --> 00:00:58,200 as a crypto custodian. The Bitcoin incentives. 11 00:00:58,200 --> 00:01:02,400 Stay winning. They continue to win, right? 12 00:01:02,900 --> 00:01:06,300 And the only thing the other side has is coercion. 13 00:01:06,900 --> 00:01:10,100 So yeah, it's going to be a very, very bullish episode. 14 00:01:10,100 --> 00:01:11,800 We also have a very special guest. 15 00:01:11,800 --> 00:01:15,800 We have Mick from geyser who's able to join us today. 16 00:01:16,000 --> 00:01:18,000 I'm going to welcome up on stage in a second. 17 00:01:18,000 --> 00:01:22,600 But first, my legendary co-host. Always optimistic, brother. 18 00:01:23,000 --> 00:01:25,100 Holy crap. We just Bitcoin, just stays 19 00:01:25,100 --> 00:01:26,900 winning, dude. Stays winning. 20 00:01:27,300 --> 00:01:31,700 This is amazing. Yeah, I agree as we were saying 21 00:01:31,700 --> 00:01:33,900 on Twitter. You know, bull market confirmed 22 00:01:33,900 --> 00:01:36,800 but I don't know, I'm a bit conflicted here on this one. 23 00:01:36,800 --> 00:01:39,600 Nico, I know, I know Bitcoin stays winning. 24 00:01:39,700 --> 00:01:42,800 Bitcoin incentives are pure, but I don't know, man. 25 00:01:43,100 --> 00:01:45,900 I think I think my alarm bells are going off, but wait for the 26 00:01:45,900 --> 00:01:49,300 news, let's bring in. Make we got make from geyser fun 27 00:01:49,300 --> 00:01:51,500 in today. So we're going to talk about all 28 00:01:51,500 --> 00:01:54,400 the good things about guys are fund with our boy. 29 00:01:54,400 --> 00:01:56,200 Make here for Content creators. Has. 30 00:01:56,200 --> 00:01:58,400 And I think you guys are going to enjoy this one. 31 00:01:58,400 --> 00:02:00,500 This one should be epic. How you doing this morning, bro? 32 00:02:01,500 --> 00:02:04,000 I don't think. Wait, it's I'm so so honored to 33 00:02:04,000 --> 00:02:05,400 be here. Thank you guys so much. 34 00:02:05,400 --> 00:02:07,400 I've been watching you guys first since forever. 35 00:02:07,400 --> 00:02:12,300 So it seemed to be here happy to have you on the show. 36 00:02:13,500 --> 00:02:16,600 For anyone who doesn't know for anyone who doesn't know who's 37 00:02:16,600 --> 00:02:19,400 just joining us, or should we save it for the culture? 38 00:02:19,600 --> 00:02:24,100 I don't think you guys understand how important geyser 39 00:02:24,100 --> 00:02:27,100 is for. Content creators in general. 40 00:02:27,100 --> 00:02:32,600 It's an alternative form of being able to monetize their 41 00:02:32,600 --> 00:02:35,600 content. So if you were to give the 42 00:02:35,600 --> 00:02:41,100 audience a quick elevator pitch make on what geyser is, could 43 00:02:41,100 --> 00:02:43,800 you do that if you don't want? Of course, of course. 44 00:02:43,800 --> 00:02:49,300 So guys are is really a tool for for people that have ideas to be 45 00:02:49,300 --> 00:02:52,000 able to, to launch them out there, and let the let the 46 00:02:52,000 --> 00:02:55,000 community found them, right? It was really born. 47 00:02:56,000 --> 00:03:00,300 Bill from this corners for bitcoiners to launch her ideas 48 00:03:00,300 --> 00:03:02,400 and be supported by the community. 49 00:03:03,800 --> 00:03:07,300 Really easy. Simple tool that that anyone 50 00:03:07,300 --> 00:03:10,700 where anyone can contribute to the Bitcoin ecosystem, really. 51 00:03:11,600 --> 00:03:14,500 There's many different angles of which you can see geyser but 52 00:03:14,600 --> 00:03:18,100 really think about it as a bit like a Kickstarter a GoFundMe 53 00:03:19,300 --> 00:03:23,000 built on top entirely on bitcoin and on lightning and you know it 54 00:03:23,000 --> 00:03:25,900 stands on the principles of bitcoiners so it's you. 55 00:03:26,100 --> 00:03:29,100 We're not non-custodial. So all the funds may pass 56 00:03:29,100 --> 00:03:33,100 through geyser, but guys are never remains a custodians that 57 00:03:33,100 --> 00:03:36,600 always goes to goes to the creators. 58 00:03:37,700 --> 00:03:42,100 And it remains, you know, one of the best easiest ways for people 59 00:03:42,100 --> 00:03:43,900 to just start launching their ideas. 60 00:03:44,500 --> 00:03:45,700 Awesome. Yeah. 61 00:03:46,300 --> 00:03:50,500 Like I said you play and we were very lucky to share a panel 62 00:03:50,500 --> 00:03:54,200 together at the Bitcoin Bitcoin 2023. 63 00:03:54,600 --> 00:03:59,000 And I just got to say Say from and I know it's not just for 64 00:03:59,000 --> 00:04:02,500 Content creators, but from the perspective of a content 65 00:04:02,500 --> 00:04:06,500 creator, I think, guys are plays a very, very important role in 66 00:04:06,500 --> 00:04:11,200 the ecosystem and we really want to highlight that today. 67 00:04:11,400 --> 00:04:13,200 Anyways, everybody no more delay. 68 00:04:13,200 --> 00:04:16,000 This jump straight into news. We gotta go straight into the 69 00:04:16,000 --> 00:04:17,399 numbers. We got a lot to talk about. 70 00:04:17,399 --> 00:04:23,200 Let's check it out. The Bitcoin numbers brought to 71 00:04:23,200 --> 00:04:26,200 you by not all at this point. You should be running your own 72 00:04:26,200 --> 00:04:27,900 Bitcoin note. If you don't use your own 73 00:04:27,900 --> 00:04:31,200 Bitcoin know you're trusting, someone else's run your own 74 00:04:31,200 --> 00:04:33,400 version of Bitcoin core. The lightning Network, 75 00:04:33,400 --> 00:04:37,400 whirlpool, and Dojo all from the comfort of your own home. 76 00:04:37,600 --> 00:04:40,700 And if your digital Nomad, you have absolutely no excuse 77 00:04:40,700 --> 00:04:43,600 because now you can run a novel through a virtual private 78 00:04:43,600 --> 00:04:45,800 server. Visit nottle, Dottie you today. 79 00:04:47,000 --> 00:04:49,300 All right guys, I want to tell you about the largest Bitcoin 80 00:04:49,300 --> 00:04:51,800 conference It's in the world's Bitcoin 2024. 81 00:04:51,800 --> 00:04:53,000 It's not going to be in Miami this year. 82 00:04:53,000 --> 00:04:55,500 It's gonna be in Nashville, Tennessee, July 25th through the 83 00:04:55,500 --> 00:04:59,400 27th 2024, the year of the having, you know, you're not 84 00:04:59,400 --> 00:05:02,100 gonna want to miss it. You can get a g a ticket for 299 85 00:05:02,100 --> 00:05:04,100 and Industry past, which I recommend if you're trying to 86 00:05:04,108 --> 00:05:08,700 get a job in the industry, 47 49 and a whale pass for 4499. 87 00:05:09,500 --> 00:05:11,300 I highly recommend this conference. 88 00:05:11,300 --> 00:05:13,400 It's the largest Bitcoin conference in the world. 89 00:05:13,400 --> 00:05:16,300 Bitcoin 2024, at the time of recording, the Bitcoin price is 90 00:05:16,300 --> 00:05:18,600 25 thousand. Eight hundred forty five cents 91 00:05:18,600 --> 00:05:23,100 per dollar. Three 1869 block height 790 4638 92 00:05:24,300 --> 00:05:26,900 reachable, Bitcoin node seventeen thousand ninety six 93 00:05:27,100 --> 00:05:32,000 blocks to having 45,000 362 having estimate April, twenty 94 00:05:32,000 --> 00:05:36,200 twenty twenty four total lightning our capacity. 5390 one 95 00:05:36,400 --> 00:05:40,400 capacity value 139 million realized monetary inflation, 96 00:05:40,400 --> 00:05:44,800 1.76 percent and the market capitalization of Bitcoin 501 97 00:05:44,900 --> 00:05:48,500 billion dollars with Abby. Anyways, here is Samsung now he 98 00:05:48,508 --> 00:05:53,200 had a conversation With he was on Breedlove show and I think it 99 00:05:53,200 --> 00:05:57,200 was like an in-person recording. Anyways, I'm going to play the 100 00:05:57,200 --> 00:05:58,900 clip and then we'll talk about it. 101 00:05:58,900 --> 00:06:03,200 Let's check it out. Even if you don't want the 102 00:06:03,208 --> 00:06:06,700 bigger, the other interesting thing is I tell them, even if 103 00:06:06,700 --> 00:06:09,900 you don't want the Bitcoin, you can simply sell it though. 104 00:06:09,900 --> 00:06:14,400 If you value gold, if you value dollars, it's there for you to 105 00:06:14,400 --> 00:06:16,000 take rise, take the Bitcoin and sell. 106 00:06:16,000 --> 00:06:20,100 It's the most liquid Market on the planet with some forty 107 00:06:20,100 --> 00:06:22,100 billion dollars of trade, volume daily. 108 00:06:22,100 --> 00:06:24,900 Mmm. So, it's almost irresponsible 109 00:06:24,900 --> 00:06:27,600 not to tap into that. Yeah, and take it. 110 00:06:27,600 --> 00:06:30,500 Build roads, build hospitals, build airports. 111 00:06:30,600 --> 00:06:33,500 Now, whatever you Need the. Let's go to look at it. 112 00:06:33,700 --> 00:06:35,500 I would like to. I'm just reminded right now, the 113 00:06:35,500 --> 00:06:38,700 analogy use last time for a nation-state of a hotel. 114 00:06:38,800 --> 00:06:41,500 All right. So, shout out. 115 00:06:41,500 --> 00:06:43,400 First of all to Breedlove amazing content. 116 00:06:43,400 --> 00:06:45,000 Like always check out the, what is money show. 117 00:06:45,000 --> 00:06:47,500 But, anyways, I want to focus on this, right? 118 00:06:47,500 --> 00:06:50,000 So, specifically, what was now referring to? 119 00:06:50,500 --> 00:06:55,400 So, so Samson was referring to an energy-rich country should be 120 00:06:55,400 --> 00:06:57,700 mining Bitcoin to fund their own infrastructure. 121 00:06:57,700 --> 00:07:00,700 Indonesia, Hardware wallets Network resilience, ordinals and 122 00:07:00,700 --> 00:07:02,600 more on the latest. Episode of the, what is money 123 00:07:02,600 --> 00:07:04,000 show. But I want to really focus on 124 00:07:04,100 --> 00:07:06,700 the the top part of this, right? We're just talking about energy, 125 00:07:06,700 --> 00:07:09,700 rich countries. Well, it becomes a no-brainer, 126 00:07:09,700 --> 00:07:11,600 and this isn't just a theory anymore. 127 00:07:11,600 --> 00:07:16,600 This is something that we're watching, play out, Burma right. 128 00:07:16,900 --> 00:07:22,700 Massive amount of hydro electric capacity, and they use some of 129 00:07:22,700 --> 00:07:25,100 that crap out without saying it without saying anything, right? 130 00:07:25,100 --> 00:07:27,300 They didn't take the route of El Salvador with, you know, they 131 00:07:27,300 --> 00:07:31,200 made it the had a lot of, you know, publicity right there. 132 00:07:31,400 --> 00:07:34,300 Kind of kept it under wraps. I suspect is because they didn't 133 00:07:34,300 --> 00:07:37,300 want the attention. But, you know, this is this is a 134 00:07:37,300 --> 00:07:40,400 country that, you know, is blessed with this. 135 00:07:40,400 --> 00:07:43,900 You know, tremendous amount of hydro electric capacity excess 136 00:07:43,900 --> 00:07:47,900 capacity and they figured out. Hey, I could just turn that into 137 00:07:47,900 --> 00:07:50,900 Bitcoin before it was very hard. Like, what were you going to do 138 00:07:50,900 --> 00:07:52,600 with all that excess energy? Right? 139 00:07:52,700 --> 00:07:55,800 Is very hard to transport it over long distances, you know, 140 00:07:55,800 --> 00:07:57,900 Battery Technology is not quite there yet. 141 00:07:57,900 --> 00:08:00,700 So they figured hey, let me just turn that into Bitcoin now. 142 00:08:00,700 --> 00:08:04,400 There's so Any other countries all around the world that are 143 00:08:04,400 --> 00:08:07,100 very similar in that sense? Maybe it's not hydroelectric, 144 00:08:07,100 --> 00:08:10,400 maybe they just have a tremendous amount of, you know, 145 00:08:10,400 --> 00:08:15,300 of of fossil fuels of, you know, natural gas. 146 00:08:15,400 --> 00:08:18,200 I have no idea, right? The point is, you know, any 147 00:08:18,200 --> 00:08:22,600 country that has, you know, is energy-rich, you know, could 148 00:08:22,600 --> 00:08:24,400 mine Bitcoin. And I think that's, I think it's 149 00:08:24,400 --> 00:08:26,300 inevitable. And I think that's something 150 00:08:26,300 --> 00:08:30,200 that you're going to definitely see in the coming decade for 151 00:08:30,200 --> 00:08:32,700 sure. I think it's It all roads lead 152 00:08:32,700 --> 00:08:34,299 to bitcoin. It's just a question of. 153 00:08:34,299 --> 00:08:36,799 How long does it take for people to wake up to this? 154 00:08:36,799 --> 00:08:38,600 I don't know. Maybe I'm seeing things. 155 00:08:38,600 --> 00:08:41,100 I want to get mixed. Take what are your thoughts man? 156 00:08:43,200 --> 00:08:45,300 Really interesting at first? I thought about it in a 157 00:08:45,308 --> 00:08:47,400 different way, actually I thought something was referring 158 00:08:47,400 --> 00:08:52,100 to mine. Energy mine Bitcoin by tapping 159 00:08:52,100 --> 00:08:54,400 into your energy resources, right? 160 00:08:54,400 --> 00:08:57,300 And then just sell it into the market which is also a very 161 00:08:57,300 --> 00:09:04,800 interesting, you know, pitch to The World of Energy intensity 162 00:09:04,800 --> 00:09:09,200 countries that have a lot of resources that energy but yeah, 163 00:09:09,200 --> 00:09:12,100 that, you know, just accept it and tourists will come. 164 00:09:12,100 --> 00:09:16,300 It's the same narrative that we actually here in the UK where 165 00:09:16,300 --> 00:09:19,700 I'm based but also all over the world are people that are 166 00:09:19,700 --> 00:09:24,000 working with the merchants, to get them to accept Bitcoin. 167 00:09:24,000 --> 00:09:27,400 As just saying, look there are all these people that are crazy 168 00:09:27,400 --> 00:09:31,200 Fanatics about spending their Bitcoin just accept Bitcoin. 169 00:09:31,300 --> 00:09:34,100 And just, you can route it back into your Fiat or whatever. 170 00:09:34,200 --> 00:09:37,800 It's just an alternative payment real that has a lot of users 171 00:09:37,800 --> 00:09:40,200 that were people will come because of that. 172 00:09:40,300 --> 00:09:44,400 So as a still picture, makes absolute sense from the micro 173 00:09:44,400 --> 00:09:48,000 perspective of businesses to the macro perspective of 174 00:09:48,000 --> 00:09:51,900 nation-states. Yeah, 100% And and I love the 175 00:09:51,900 --> 00:09:54,600 way that that Samsung free phrased it, right. 176 00:09:54,600 --> 00:09:57,500 It's like look like, even if you don't like Bitcoin, like even if 177 00:09:57,500 --> 00:10:00,500 you don't believe in the in Bitcoin, you could just sell it 178 00:10:00,500 --> 00:10:04,300 like Simple as that. What are you gonna do with all 179 00:10:04,300 --> 00:10:06,100 that excess energy in the first place? 180 00:10:06,100 --> 00:10:07,600 Right? Which is that's the pitch, 181 00:10:07,600 --> 00:10:09,600 right? Like that's why, you know, a 182 00:10:09,600 --> 00:10:14,800 country like Burma would, you know, take the, it's not Burma. 183 00:10:14,800 --> 00:10:19,500 I completely messed up the name and that's oh, man, it's a 184 00:10:19,500 --> 00:10:22,100 Raton. Bhutan thank you so much Opti, I 185 00:10:22,100 --> 00:10:25,700 really apologize about that guy's is not the country that 186 00:10:25,700 --> 00:10:29,300 happen entire balance sheet from Celsius or some. 187 00:10:29,300 --> 00:10:32,500 Yes, yes, it's not Burma. So, I forgive me, guys. 188 00:10:32,500 --> 00:10:35,700 I apologize. That's my bad, but no, it's a 189 00:10:35,700 --> 00:10:39,500 country of Bhutan, very, very small country in the middle of 190 00:10:39,500 --> 00:10:42,300 Asia and apparently they have a tremendous amount of hydro 191 00:10:42,300 --> 00:10:47,100 electric capacity and they're using that to mine Bitcoin. 192 00:10:47,100 --> 00:10:49,600 I think it's just a matter of time before people wake up to 193 00:10:49,600 --> 00:10:51,400 this rally. I mean, look, oil companies. 194 00:10:51,400 --> 00:10:53,700 Energy companies are doing this already right? 195 00:10:53,700 --> 00:10:57,300 You know, you had ConocoPhillips that came out tepco which is a 196 00:10:57,300 --> 00:11:01,200 Japanese energy producer as well came out that they're mine. 197 00:11:01,400 --> 00:11:06,000 Bitcoin gasps prom also came out which is the Russian State oiled 198 00:11:06,300 --> 00:11:09,400 state-owned Energy company came out that they were mining 199 00:11:09,400 --> 00:11:11,400 Bitcoin as well. I think all roads lead to 200 00:11:11,400 --> 00:11:14,100 bitcoin. I think all excess energy is 201 00:11:14,100 --> 00:11:17,000 going to be eventually eaten by Bitcoin. 202 00:11:17,300 --> 00:11:20,500 I'm calling it right now. Anyways Opti, what's your take 203 00:11:20,500 --> 00:11:21,800 on all this? My being too? 204 00:11:21,800 --> 00:11:24,500 Optimistic is Nico being 22 Opti. 205 00:11:24,800 --> 00:11:28,700 I think you're the pessimist on the show so I am looking 206 00:11:28,700 --> 00:11:31,600 stupidly bullish here. But first, I really Mix 207 00:11:31,600 --> 00:11:33,900 perspective as well. I couldn't agree more and I 208 00:11:33,908 --> 00:11:37,600 really like how Samson kind of phrased it in that video. 209 00:11:37,600 --> 00:11:42,000 Like, it's irresponsible to not tap into Bitcoin II, can't see 210 00:11:42,800 --> 00:11:45,900 how countries or even individuals or private companies 211 00:11:45,900 --> 00:11:48,600 don't benefit from the Bitcoin Network in general. 212 00:11:48,800 --> 00:11:53,100 And I think energy is the sleeper killer app to bitcoin 213 00:11:53,100 --> 00:11:55,100 and shout out to my boy, Mike Hobart, because he's been 214 00:11:55,400 --> 00:11:57,300 beating the drum on this for a while. 215 00:11:57,300 --> 00:11:58,900 That? Yes, Bitcoin is savings. 216 00:11:58,900 --> 00:12:01,700 Yes, Bitcoin will help the individual but bit And is 217 00:12:01,700 --> 00:12:04,300 revolutionising the energy sector and it's almost 218 00:12:04,300 --> 00:12:06,000 impossible to ignore at this point. 219 00:12:06,000 --> 00:12:08,300 We are seeing more receipts, more data points. 220 00:12:08,600 --> 00:12:12,100 Proving the point that, hey, if you have excess energy, if 221 00:12:12,100 --> 00:12:14,400 you're a country with excess energy, your private company 222 00:12:14,400 --> 00:12:18,000 with excess energy, why not just plug in some off, some Asics 223 00:12:18,000 --> 00:12:22,900 profits are good and you can make more profits and make your 224 00:12:22,900 --> 00:12:26,500 company even more profitable. And hey, we do live in a 225 00:12:26,500 --> 00:12:29,400 capitalist system and I know all the corporations out there. 226 00:12:29,400 --> 00:12:32,900 Like how do we make more money? We are Just burning money and 227 00:12:32,900 --> 00:12:35,800 who likes to think about the idea that you are just wasting 228 00:12:35,800 --> 00:12:37,700 money? When there is an easy 229 00:12:37,700 --> 00:12:41,600 alternative to just plug in a 6? Like, it's as simple as either 230 00:12:41,600 --> 00:12:45,800 incentivizing, you know, mobile minors to come in and plug into 231 00:12:45,800 --> 00:12:48,700 your excess energy or, you know, building the infrastructure to 232 00:12:48,700 --> 00:12:51,400 do it yourself. So, I think there is a lot of 233 00:12:51,400 --> 00:12:54,900 opportunity here and it's only a matter of time until whether 234 00:12:54,900 --> 00:12:58,800 it's countries or companies, they all wake up to the fact 235 00:12:58,800 --> 00:13:01,200 that you are literally burning money right now. 236 00:13:01,300 --> 00:13:04,500 Are wasting money by letting your energy go without putting 237 00:13:04,500 --> 00:13:07,900 it towards something that can literally, basically print money 238 00:13:07,900 --> 00:13:10,200 out of thin air, don't we all want the opportunity to print 239 00:13:10,200 --> 00:13:12,300 money. Well, hey, just plug in some a 240 00:13:12,300 --> 00:13:14,400 sex. If you have excess energy and 241 00:13:14,800 --> 00:13:17,900 it's happening around the world right now, so it's no more just 242 00:13:17,900 --> 00:13:21,500 like ideological or theoretical. We are seeing this happen in 243 00:13:21,500 --> 00:13:24,500 real time and it's only a matter of time until the spreads out 244 00:13:24,500 --> 00:13:27,400 into other countries other companies and they wake up to 245 00:13:27,400 --> 00:13:30,800 the fact that they are literally burning money or wasting money 246 00:13:30,800 --> 00:13:32,700 right now. Now, and they can just plug into 247 00:13:32,700 --> 00:13:34,600 the Bitcoin Network. Beautiful. 248 00:13:34,600 --> 00:13:36,900 Yeah, 100%. Yeah. 249 00:13:37,000 --> 00:13:40,400 And and there's, I mean, what else could do that? 250 00:13:41,700 --> 00:13:46,500 You guys no, no clue. Make doesn't know either. 251 00:13:46,700 --> 00:13:51,900 Yeah, I'm the same market right. That the market is like someone 252 00:13:51,900 --> 00:13:54,900 said, right Bitcoins, the only true free market in the world 253 00:13:54,900 --> 00:13:59,700 and some way Bitcoin is, is, is the market for for energy. 254 00:13:59,900 --> 00:14:02,900 But really, for anything, right? Because you guys don't have to 255 00:14:02,900 --> 00:14:05,300 ask for permission to start doing a podcast about Bitcoin. 256 00:14:05,300 --> 00:14:08,600 Right. Like, you know, we didn't have 257 00:14:08,600 --> 00:14:11,500 to ask for permission to build a company in Bitcoin, like, if we 258 00:14:11,500 --> 00:14:14,300 want to try to do something like that in a traditional World, 259 00:14:14,700 --> 00:14:16,800 good. That you're going to have to do. 260 00:14:17,200 --> 00:14:20,600 I mean, first of all, to build up, guys are just to bring it 261 00:14:20,600 --> 00:14:22,700 up. We have like 10 rejections from 262 00:14:22,700 --> 00:14:27,300 bank accounts to just use geyser to create a geyser bank account, 263 00:14:27,400 --> 00:14:31,200 imagine to Route pain and through her back impossible 264 00:14:31,500 --> 00:14:34,400 impossible. So this coin just enables the 265 00:14:34,400 --> 00:14:36,800 market to happen as well. Like we don't think about that 266 00:14:36,800 --> 00:14:40,900 offer enough but it's just an incredible foundational 267 00:14:40,900 --> 00:14:44,100 technology for the development of the market itself. 268 00:14:45,300 --> 00:14:49,100 Yeah, 100%, 100%. 100% is bullish stuff. 269 00:14:49,100 --> 00:14:50,800 Bullish stuff for bullish Friday. 270 00:14:50,800 --> 00:14:52,700 Anyways, everybody, let's get to news. 271 00:14:52,700 --> 00:14:54,700 We got a lot to talk about. Let's check it out. 272 00:14:57,100 --> 00:15:01,700 The Daily News, The Daily News is brought to you by block 273 00:15:01,700 --> 00:15:04,200 stream. Jade built by bitcoiners for 274 00:15:04,200 --> 00:15:06,000 bitcoiners. It's an open-source Hardware 275 00:15:06,000 --> 00:15:08,300 wallet for the cold storage of Bitcoin. 276 00:15:08,500 --> 00:15:10,700 Check out the brand new limited edition color. 277 00:15:10,800 --> 00:15:14,000 The transparent Green, Jade block stream, Jade houses, a 278 00:15:14,000 --> 00:15:16,600 full color camera. Allowing for fully air gap, 279 00:15:16,600 --> 00:15:20,000 Bitcoin, transactions, scan and display, QR codes, directly on 280 00:15:20,000 --> 00:15:22,600 the device assigned, transactions, and verify 281 00:15:22,600 --> 00:15:24,400 addresses. With ease, use your block 282 00:15:24,400 --> 00:15:27,200 stream, Jade with your favorite. It's software, such as blog 283 00:15:27,200 --> 00:15:31,200 stream, green, blue wallet, electrum Sparrow, get yourself a 284 00:15:31,200 --> 00:15:35,700 block stream Jay today and take self custody of your Bitcoin. 285 00:15:36,100 --> 00:15:38,300 Alright guys I just want to give a shout-out to the orange pill 286 00:15:38,300 --> 00:15:41,300 app, it's building the social layer for Bitcoin, as crazy as 287 00:15:41,300 --> 00:15:42,900 this sounds. Without the people Bitcoin is 288 00:15:42,908 --> 00:15:46,000 just ones and zeroes. Bitcoin is the people Bitcoin is 289 00:15:46,000 --> 00:15:47,500 you. It's me it's Opti. 290 00:15:47,500 --> 00:15:50,900 It's make it Satoshi, download the orange pole app for iOS or 291 00:15:50,900 --> 00:15:53,500 Android and connect with other bitcoiners in real life today. 292 00:15:53,700 --> 00:15:57,000 Find other plebs that live near you and you can go into the app 293 00:15:57,000 --> 00:15:59,900 totally and on in search for other bitcoiners by common 294 00:15:59,900 --> 00:16:01,900 interest. Orangeville app is also the 295 00:16:01,900 --> 00:16:04,600 world's biggest repository for Bitcoin only events. 296 00:16:04,900 --> 00:16:07,500 If you want to meet other bitcoiners in real life, this is 297 00:16:07,500 --> 00:16:09,600 the app for you, sign up, through the App Store and you 298 00:16:09,608 --> 00:16:11,300 can even pay and stats and opting. 299 00:16:11,300 --> 00:16:13,300 I appreciate all the love and all the messages. 300 00:16:13,500 --> 00:16:16,900 We try to take the time to go through all of them, we really 301 00:16:16,900 --> 00:16:19,400 appreciate it guys. Anyways, when I get to the 302 00:16:19,400 --> 00:16:21,200 breaking news, it really came out yesterday. 303 00:16:21,200 --> 00:16:23,800 But I wanted to kind of let it marinate a little bit so that we 304 00:16:23,800 --> 00:16:28,700 can get out more information. But Rock tries tries for spot 305 00:16:28,700 --> 00:16:31,900 Bitcoin, ETF with fresh SEC, filing. 306 00:16:32,000 --> 00:16:36,000 I think the significance of this is, this is happening. 307 00:16:36,300 --> 00:16:41,100 This happened a week after coinbase was sued, by the SEC. 308 00:16:41,300 --> 00:16:45,600 And by Nance was sued by the SSC and something very similar 309 00:16:45,600 --> 00:16:48,000 happened when with Fidelity, right? 310 00:16:48,000 --> 00:16:52,400 This is a, you have two massive companies that have a tremendous 311 00:16:52,400 --> 00:16:56,900 amount of money under management and Trillions of dollars not 312 00:16:56,900 --> 00:17:01,400 billions of dollars and they both said didn't read was the me 313 00:17:01,400 --> 00:17:05,099 mopti didn't didn't read not selling or something? 314 00:17:05,099 --> 00:17:08,300 Yeah so anyways let's check out this Bloomberg article. 315 00:17:08,300 --> 00:17:12,800 It says, BlackRock tries for for spot Bitcoin ETF with fresh SEC 316 00:17:12,800 --> 00:17:16,300 filing, BlackRock ink is trying trying his hand at potentially, 317 00:17:16,300 --> 00:17:19,500 getting the first spot, Bitcoin exchange traded fund launched in 318 00:17:19,500 --> 00:17:21,599 the US. The world's largest asset 319 00:17:21,599 --> 00:17:24,800 manager on Thursday applied for the ishares Bitcoin trust, 320 00:17:24,800 --> 00:17:26,900 according to a filing. The US Securities Exchange 321 00:17:26,900 --> 00:17:29,500 Commission, coinbase. The biggest crypto Exchange in, 322 00:17:29,500 --> 00:17:33,500 the US would act as a custodian. The ETF should it launched would 323 00:17:33,500 --> 00:17:37,700 trade on NASDAQ. I think the key part of this is 324 00:17:37,700 --> 00:17:41,500 the world's largest asset manager to be specific. 325 00:17:41,600 --> 00:17:45,400 They have 10 trillion dollars under management. 326 00:17:45,400 --> 00:17:52,500 And I mean like it goes and I read you guys the, the headline, 327 00:17:52,500 --> 00:17:56,000 in the, in the very beginning and just contrasting that Right. 328 00:17:56,000 --> 00:18:00,000 So Larry Fink basically saying, you know Bitcoin is used for 329 00:18:00,008 --> 00:18:04,100 money laundering 57 years, later number go up technology, does 330 00:18:04,100 --> 00:18:07,000 its thing, Bitcoins incentives, stay winning and then all of a 331 00:18:07,008 --> 00:18:10,900 sudden it's kind of a 180 now. I saw yellow in the chat saying, 332 00:18:10,900 --> 00:18:12,800 fuck BlackRock, I completely agree. 333 00:18:13,100 --> 00:18:16,900 I don't think I think the dangers of an ETF is that 334 00:18:16,900 --> 00:18:20,800 people, get comfortable and then they just start buying the ETF 335 00:18:20,800 --> 00:18:24,200 instead of buying Bitcoin. And then you have the risk of 336 00:18:24,400 --> 00:18:26,600 what Kaitlyn all Caitlin Long. Always talks about 337 00:18:26,600 --> 00:18:30,000 rehypothecation right selling Bitcoin that they don't have, 338 00:18:30,300 --> 00:18:32,000 right? And then that could be used as a 339 00:18:32,008 --> 00:18:34,700 mechanism for Price suppression, right? 340 00:18:34,700 --> 00:18:37,300 And a lot of people theorize has a theorized that's what's 341 00:18:37,300 --> 00:18:40,300 happened to gold, right? That's been captured, right? 342 00:18:40,300 --> 00:18:43,400 So, and I've pinned this to the top of my profile. 343 00:18:43,400 --> 00:18:47,100 I don't think it's there anymore on my Twitter but I said if 344 00:18:47,100 --> 00:18:50,400 enough take if enough people take self custody, we win this 345 00:18:50,400 --> 00:18:51,700 thing. No matter what happens. 346 00:18:51,700 --> 00:18:56,200 Now, the risk with an ETF like I said, is that people You know 347 00:18:56,200 --> 00:18:57,600 what? They're charged Schwab account, 348 00:18:57,600 --> 00:19:01,100 you know the just be like, hey like why do I just you know, 349 00:19:01,100 --> 00:19:04,600 like why do I need to go to Dollars and then buy Bitcoin and 350 00:19:04,600 --> 00:19:06,800 go to the process of taking self custody? 351 00:19:07,000 --> 00:19:10,000 This is so easy, it's just like owning a stock like, why not? 352 00:19:10,000 --> 00:19:12,800 Right. So that's the kind of the risk. 353 00:19:12,800 --> 00:19:15,000 Like, if you want to be honest like from the Bitcoin 354 00:19:15,000 --> 00:19:16,400 perspective, like that's kind of the wrist. 355 00:19:16,400 --> 00:19:20,500 Now from the other perspective this is another sign of 356 00:19:20,500 --> 00:19:22,600 institutional adoption. I think that was like one of the 357 00:19:22,600 --> 00:19:25,600 narratives in 2017 was what the institutions are. 358 00:19:25,800 --> 00:19:27,700 The institutions legal institutions, never fucking 359 00:19:27,700 --> 00:19:29,200 game. But the institutions are 360 00:19:29,200 --> 00:19:35,000 definitely here now and it's that's undeniable at this point. 361 00:19:35,000 --> 00:19:37,900 Anyways, it goes on to say this is at least the thirty third 362 00:19:38,000 --> 00:19:41,300 attempt by issuers for a spot Bitcoin product. 363 00:19:41,300 --> 00:19:43,900 According to a tally from Bloomberg intelligence but 364 00:19:43,900 --> 00:19:46,700 applications have faced opposition by Regulators who 365 00:19:46,700 --> 00:19:49,800 have in the past sided Market concerns in a lack of investor 366 00:19:49,800 --> 00:19:51,600 protections. Among other things. 367 00:19:51,600 --> 00:19:54,700 That SEC, meanwhile is suing coinbase alleging that it is 368 00:19:54,700 --> 00:19:59,000 running an illegal change the company and if think about how 369 00:19:59,000 --> 00:20:03,700 consequential that is, right, the company, the largest acids 370 00:20:03,700 --> 00:20:08,300 are asset manager in the world, not only is like, okay, you 371 00:20:08,300 --> 00:20:11,400 know, clearly we know how the by demonstration feels about the 372 00:20:11,408 --> 00:20:15,000 industry. No, not only that they're using 373 00:20:15,000 --> 00:20:19,700 the company that is being sued to be the custodian in this 374 00:20:19,700 --> 00:20:22,800 thing in the first place. And as much as I don't like 375 00:20:22,800 --> 00:20:26,100 coinbase, I hate crypto casinos, I think, you know that A lot of 376 00:20:26,100 --> 00:20:29,900 people react and they, you know, they sell people in the false 377 00:20:29,900 --> 00:20:32,100 equivalence between Bitcoin and altcoins. 378 00:20:32,400 --> 00:20:33,900 Right? And then everyone kind of has, 379 00:20:33,900 --> 00:20:37,200 you know, they're they're they're, you know, unit bias, 380 00:20:37,200 --> 00:20:41,000 right, where they see, oh, Bitcoins at 29th out or 25,000 I 381 00:20:41,000 --> 00:20:43,400 can get cardano at fuckin what 3. 382 00:20:43,400 --> 00:20:44,400 So I don't know what it's trading. 383 00:20:44,400 --> 00:20:46,300 At 342 sense. I don't know. 384 00:20:47,000 --> 00:20:50,400 So you like I could buy a lot more cardano like like exchanges 385 00:20:50,400 --> 00:20:54,600 like coinbase and that sense heard a lot of people, right? 386 00:20:54,600 --> 00:20:56,700 Because it's kind of giving this It's like fall. 387 00:20:56,700 --> 00:21:00,400 It's comparing apples to oranges without properly disclosing it. 388 00:21:01,600 --> 00:21:04,400 So anyways I think this is you know, incredibly bullish, but I 389 00:21:04,408 --> 00:21:07,100 do agree with yellow. You know, black rock is 390 00:21:07,100 --> 00:21:11,400 definitely not an institution to be trusted, here's bit plate, 391 00:21:11,400 --> 00:21:13,900 bit pain and I think is a pretty good. 392 00:21:13,900 --> 00:21:16,500 Observation says BlackRock is probably the most politically 393 00:21:16,500 --> 00:21:19,400 powerful and connected entity in the United States. 394 00:21:19,700 --> 00:21:23,100 I bet this spot a Bitcoin ETF will be approved. 395 00:21:23,100 --> 00:21:25,600 Everything Gary and other agencies have done was covered. 396 00:21:25,800 --> 00:21:29,400 Wash out the undeserving FrontRunner and let the anointed 397 00:21:29,400 --> 00:21:31,900 have their do. That's a that's a pretty good 398 00:21:31,900 --> 00:21:34,000 observation let's see if that comes true. 399 00:21:34,100 --> 00:21:36,700 Here's an update from Bitcoin Bitcoin. 400 00:21:36,700 --> 00:21:38,800 Treasuries. I don't know if this is a troll 401 00:21:40,000 --> 00:21:42,900 because this isn't its American hottel meme Opti. 402 00:21:44,100 --> 00:21:49,800 Yeah. 6.15 okay so if you look at Bitcoin treasuries which is a 403 00:21:49,800 --> 00:21:54,800 website built by coin kite and Shout out mvk you know it does a 404 00:21:54,800 --> 00:21:58,600 really good job at like kind of tracking what public companies 405 00:21:58,600 --> 00:22:01,800 or what Bitcoin or what companies are holding Bitcoin on 406 00:22:01,800 --> 00:22:03,100 their balance sheet. Of course we know 407 00:22:03,200 --> 00:22:07,600 microstrategy's number one with 140,000 Bitcoin but if you take 408 00:22:07,600 --> 00:22:12,500 a look at here BlackRock is on that list and Men you think it's 409 00:22:12,500 --> 00:22:15,100 a coincidence that they bought 6.15. 410 00:22:16,900 --> 00:22:18,800 I don't know if that's a coincidence Abdi. 411 00:22:18,800 --> 00:22:22,600 I think, you know, I think they might be sending a message. 412 00:22:22,600 --> 00:22:24,400 I don't want to read too into it, but I think that's 413 00:22:24,400 --> 00:22:26,400 hilarious. Just a reminder guys. 414 00:22:26,500 --> 00:22:30,200 BlackRock holds 10 trillion dollars under management. 415 00:22:30,600 --> 00:22:34,300 But by the way, this all this only this isn't only but this 416 00:22:34,300 --> 00:22:36,800 isn't only happening with black rock, right? 417 00:22:37,000 --> 00:22:41,500 This is also happening with two or two other major institutions 418 00:22:41,500 --> 00:22:47,200 in the US and we actually This when the when the news came out, 419 00:22:47,300 --> 00:22:51,400 right, these are the top 10 owners of microstrategy stock 420 00:22:51,400 --> 00:22:54,600 and microstrategy stock, because they own so much Bitcoin. 421 00:22:55,200 --> 00:22:57,900 You can make the argument that it kind of functions like a 422 00:22:57,900 --> 00:23:01,400 Bitcoin ETF, it totally isn't. But the stuff, the microstrategy 423 00:23:01,400 --> 00:23:05,300 stock in the Bitcoin price is very, very it's tightly cord 424 00:23:05,900 --> 00:23:09,200 according to correlated, right? You know it's almost as if 425 00:23:09,400 --> 00:23:11,900 they're kind of the same thing but there's there's three 426 00:23:12,100 --> 00:23:13,700 institutions here to keep in mind. 427 00:23:13,800 --> 00:23:17,100 That are very, very interesting. So you have black rock, right? 428 00:23:17,100 --> 00:23:21,300 That loaded on microstrategy stock, most importantly, you 429 00:23:21,300 --> 00:23:26,100 have Bank of America, which bun which bought a ton of 430 00:23:26,100 --> 00:23:29,100 microstrategy stock and then, of course, Fidelity. 431 00:23:29,200 --> 00:23:32,500 Right. Fidelity also has a tremendous 432 00:23:32,500 --> 00:23:35,900 amount of assets under management specifically for 433 00:23:35,900 --> 00:23:40,700 point five trillion dollars and that's trillion with a t. 434 00:23:41,100 --> 00:23:46,800 So I mean look I'll ever Always kind of makes the case you know 435 00:23:48,400 --> 00:23:50,700 this was an air. I never forget this 2017 that 436 00:23:50,700 --> 00:23:51,900 that was the narrative. I know. 437 00:23:51,900 --> 00:23:55,200 I know Opti you remember that narrative, I everyone remembers 438 00:23:55,200 --> 00:23:57,400 that narrative institutions are coming, institutions are coming 439 00:23:57,400 --> 00:23:59,600 institutions for coming. So let's kind of go through a 440 00:23:59,608 --> 00:24:03,100 thought experiment. I'm feeling bullish on Friday. 441 00:24:04,300 --> 00:24:09,500 This was this Arc investment that was set out and it kind of 442 00:24:09,508 --> 00:24:13,700 makes three cases for you know, Bitcoin. 443 00:24:13,800 --> 00:24:16,200 And the potential price of Bitcoin in 2030. 444 00:24:16,600 --> 00:24:18,700 And, of course we don't speculate on this channel. 445 00:24:18,700 --> 00:24:22,000 We just, you know, we recommend dollar cost, averaging staying 446 00:24:22,000 --> 00:24:26,000 humble stacking SATs, but I want to have fun today, so let's do 447 00:24:26,000 --> 00:24:26,700 it. Anyways. 448 00:24:27,600 --> 00:24:32,700 The 2030 bear case. According to this Arc research 449 00:24:33,500 --> 00:24:38,700 is apparently is 258,000 for 20-30. 450 00:24:38,700 --> 00:24:45,500 The base case is 682,000 and the bull case. 2030 is one point 451 00:24:45,500 --> 00:24:48,400 four eight million and then they kind of break it down, right? 452 00:24:48,400 --> 00:24:50,400 They talk about the penetration, right? 453 00:24:50,400 --> 00:24:54,800 So if you know, if in the bull case Bitcoin would be five 454 00:24:54,800 --> 00:24:57,700 percent of corporate treasuries and the bear case, it would be 455 00:24:57,700 --> 00:25:00,100 zero II. Just don't see that happening 456 00:25:00,100 --> 00:25:03,200 remittance rate in the bear case would be 5% in. 457 00:25:03,200 --> 00:25:05,900 The book case would be twenty five percent nation state 458 00:25:05,900 --> 00:25:07,900 treasury. Now, that's where I'm kind of on 459 00:25:07,900 --> 00:25:11,400 the Bears side. It's zero percent and then the 460 00:25:11,400 --> 00:25:15,800 bull case, it's 5% emerging Kitt currency on the bear case. 461 00:25:15,800 --> 00:25:19,600 It's point five percent on the bull case it's 10% economics 462 00:25:19,600 --> 00:25:22,700 settlement Network it's 1% on the bear case on the bull case 463 00:25:22,700 --> 00:25:27,400 it's 10% seizure resistant asset on the bear case it's 1% on the 464 00:25:27,408 --> 00:25:34,300 bull case it's 5% institutional investment now I mean we're on 465 00:25:34,300 --> 00:25:37,600 the right track there right on the bear case, it's 1 percent on 466 00:25:37,600 --> 00:25:42,000 the bull case is 6.5 percent digital gold on the bear case. 467 00:25:42,000 --> 00:25:46,900 It's 20% on the bolt. Is it 50% anyways, just kind of 468 00:25:46,900 --> 00:25:50,300 wanted to, you know, talk about some possibilities. 469 00:25:50,300 --> 00:25:54,900 Some potentials like laying it out there and I love Pandora's 470 00:25:54,900 --> 00:26:00,100 Box comment for audio listeners. He or she says Game Theory. 471 00:26:00,100 --> 00:26:02,200 Works perfectly. Yeah, I think this is Bitcoins 472 00:26:02,200 --> 00:26:05,500 incentive, stay winning, you know, and that goes to show. 473 00:26:05,500 --> 00:26:09,200 And by the way, Black Rock isn't the first company that kind of 474 00:26:09,200 --> 00:26:14,500 Switched Michael sailor. Many many years before He became 475 00:26:14,500 --> 00:26:18,100 the Bitcoin Chad. There's a tweet that I remember 476 00:26:18,100 --> 00:26:21,500 that he basically said you know the this thing isn't going to 477 00:26:21,508 --> 00:26:23,700 work out like Bitcoin isn't gonna work out. 478 00:26:24,000 --> 00:26:28,100 I think Bitcoin keeps proving the world wrong with ngu with 479 00:26:28,100 --> 00:26:31,100 number go up technology. The fact that it becomes more 480 00:26:31,100 --> 00:26:34,900 and more resilient it becomes harder to kill you, had the CCP 481 00:26:34,900 --> 00:26:38,600 one of the, one of the most powerful, you know, governments 482 00:26:38,800 --> 00:26:44,600 in the world band, this thing multiple times, Band Bitcoin 483 00:26:44,600 --> 00:26:48,100 mining within their borders and the hash rate, literally only 484 00:26:48,100 --> 00:26:51,500 took nine months to recover it decentralized in the process and 485 00:26:51,500 --> 00:26:54,500 now it's continuing to make all-time highs, right? 486 00:26:54,500 --> 00:26:57,100 So if you can't kill the honey badger, you're just making it 487 00:26:57,100 --> 00:27:00,800 stronger and I think the world is starting to wake up to that 488 00:27:00,800 --> 00:27:04,000 fact. And I think that's precisely why 489 00:27:04,100 --> 00:27:06,100 black rock made this announcement. 490 00:27:06,100 --> 00:27:10,000 Now that theory by bit. Pain is very interesting if they 491 00:27:10,000 --> 00:27:15,100 approve the BlackRock ETF and they deny Tied, everything else 492 00:27:16,600 --> 00:27:20,700 that is some, that's us, man. It's very, very, very that's 493 00:27:20,700 --> 00:27:23,600 some sketchy shit. Anyways, Mick, what are your 494 00:27:23,600 --> 00:27:26,100 thoughts on this? Do you think this is a nothing 495 00:27:26,100 --> 00:27:28,700 Burger? Do you think, you know, do you 496 00:27:28,700 --> 00:27:32,200 think it's consequential? What are your thoughts about, 497 00:27:32,200 --> 00:27:37,000 you know, BlackRock applying for a Bitcoin ETF? 498 00:27:39,700 --> 00:27:43,400 Yes, so much to say I think the first point I'd like to make is 499 00:27:43,400 --> 00:27:48,100 the fact that I think of all the think, all the biggest news of 500 00:27:48,200 --> 00:27:55,300 by far is the SEC suing coinbase that is as a very, very 501 00:27:55,500 --> 00:27:58,700 important point, right? Really stressed. 502 00:27:58,900 --> 00:28:03,300 The fact that we're in this sort of moment of dividing like where 503 00:28:03,300 --> 00:28:07,600 the waters are being divided, like the the it's being clear, 504 00:28:08,000 --> 00:28:10,900 that Bitcoin is not. Security Bitcoin is as 505 00:28:10,900 --> 00:28:14,900 Commodities, digital Bearer, instrument, this decentralized 506 00:28:15,200 --> 00:28:19,500 thing, that isn't a different point than all these other 507 00:28:19,500 --> 00:28:21,400 cryptocurrency. Now, this is just started saying 508 00:28:21,400 --> 00:28:24,800 that I don't know Solana and polygons and all these other 509 00:28:25,900 --> 00:28:28,000 courts of currencies are securities. 510 00:28:28,500 --> 00:28:31,400 And this is just the beginning right there, just starting with 511 00:28:31,400 --> 00:28:34,300 the obvious ones, and then they're going to start going up 512 00:28:34,300 --> 00:28:37,900 and up, and up the entire spectrum of cryptocurrencies. 513 00:28:37,900 --> 00:28:42,800 And this is This is incredible. Like this is insane implication. 514 00:28:42,800 --> 00:28:47,000 This this really reduces all these other cryptocurrencies. 515 00:28:47,000 --> 00:28:51,800 Like reduces liquidity liquid. This is a market and and and 516 00:28:51,800 --> 00:28:54,700 gets people thinking about. Well, I have to actually be 517 00:28:54,700 --> 00:28:57,600 careful in Holiness because the security and it has, it's 518 00:28:57,600 --> 00:29:00,100 actually a legal security and it has implications. 519 00:29:00,100 --> 00:29:02,400 So I think on one hand, this is happening on the other. 520 00:29:02,400 --> 00:29:08,300 It doesn't mean that crypto will die, it will keep going, but it 521 00:29:08,300 --> 00:29:10,800 will happen. In the guise of the SEC. 522 00:29:10,800 --> 00:29:13,000 So it's like you can create your cryptocurrency. 523 00:29:13,200 --> 00:29:16,300 You just have to, you have to register it as a security. 524 00:29:16,600 --> 00:29:20,900 So in some ways I think going base, could still go still has 525 00:29:20,900 --> 00:29:24,800 two choices, right? Do I want to be do, I also want 526 00:29:24,800 --> 00:29:28,200 to continue creating these pumps and pump and pump and dump 527 00:29:28,200 --> 00:29:30,600 schemes? But within a regulated 528 00:29:30,600 --> 00:29:36,200 environment which isn't always really you know good for the end 529 00:29:36,200 --> 00:29:40,200 customers anyway but they might still find Find some way to kind 530 00:29:40,200 --> 00:29:43,000 of inserted within the regulatory framework or do I 531 00:29:43,000 --> 00:29:47,400 want to actually, you know, innovate a new payment layer 532 00:29:47,400 --> 00:29:50,100 with Bitcoin, with lightning, but I don't see them. 533 00:29:50,100 --> 00:29:53,300 Really, really do that in any case, although they have the 534 00:29:53,300 --> 00:29:57,000 opportunity. So I think that's, but I think 535 00:29:57,000 --> 00:29:59,400 something that's really important point that divides 536 00:29:59,400 --> 00:30:01,500 Waters and, you know, really stressed to the point that 537 00:30:01,500 --> 00:30:04,100 Bitcoin is another different scale than everything else. 538 00:30:04,500 --> 00:30:07,900 And that I find the most exciting thing and it will lead 539 00:30:07,900 --> 00:30:11,200 a lot of people to start. Art thinking about Bitcoin only 540 00:30:11,200 --> 00:30:12,700 as a complete different asset class. 541 00:30:13,200 --> 00:30:16,200 That's, that's the first point when it comes to the the whole 542 00:30:16,300 --> 00:30:20,800 Black Rock thing. I honestly, I honestly don't 543 00:30:20,800 --> 00:30:25,200 know, I read into a quite a bit to the the the gold with that 544 00:30:25,200 --> 00:30:30,900 they use gold ETFs to really kind of keep the price down. 545 00:30:31,500 --> 00:30:36,500 Like you guys said, I don't see that happening in the same way. 546 00:30:37,300 --> 00:30:38,700 Why is that? Why it why? 547 00:30:38,800 --> 00:30:42,700 Why is The reason is I don't see the mechanism through which they 548 00:30:42,700 --> 00:30:46,200 can contain the price. So they can do that with gold 549 00:30:46,200 --> 00:30:48,000 because a lot of the goal has been. 550 00:30:48,600 --> 00:30:50,000 Anyway it's custody. Right? 551 00:30:50,000 --> 00:30:53,400 That the majority the goal is held in vaults or maybe not 552 00:30:53,800 --> 00:31:00,300 whereas with Bitcoin there are so many holders that that do you 553 00:31:00,300 --> 00:31:03,900 know hold their keys that don't custody and it'd be interesting 554 00:31:03,900 --> 00:31:06,800 to see the percentage of Bitcoin held in custody versus not. 555 00:31:06,800 --> 00:31:10,300 Maybe that would, that would help because Like what happened 556 00:31:10,300 --> 00:31:13,800 with FDX. If you guys remember with ft x, 557 00:31:13,800 --> 00:31:17,100 they were able to manipulate and lower the price of Bitcoin 558 00:31:17,100 --> 00:31:19,300 because they were creating bit kind of didn't really have and 559 00:31:19,300 --> 00:31:21,000 selling them on the market, right? 560 00:31:23,300 --> 00:31:27,800 And, and I, and that, that price manipulation will certainly 561 00:31:27,800 --> 00:31:31,200 happen in a cloud world were in today and they will try it. 562 00:31:31,800 --> 00:31:34,800 The question is, will it work, considering the fact that a lot 563 00:31:34,800 --> 00:31:37,000 of polar's are holding their Bitcoin? 564 00:31:38,400 --> 00:31:42,700 And we're, we do have other like the secondary Market of 565 00:31:42,700 --> 00:31:46,900 peer-to-peer Bitcoin trading as well, that has different 566 00:31:46,900 --> 00:31:49,500 opinion, but prices can be manipulated, especially if you 567 00:31:49,508 --> 00:31:50,900 have a money printer on your side. 568 00:31:51,200 --> 00:31:56,000 Now, I just don't know if there's enough custodial control 569 00:31:56,000 --> 00:31:59,300 to ensure an enabled oppressed manipulation. 570 00:32:00,200 --> 00:32:05,500 I also don't trust black, frock single did Larry Fink single 571 00:32:05,500 --> 00:32:12,000 bit. Yeah, yeah I think that's it. 572 00:32:12,000 --> 00:32:17,600 Really Yeah, I mean, in, by the way, just to be clear, I don't 573 00:32:17,600 --> 00:32:21,500 trust him either and he's been, he's been a big. 574 00:32:21,700 --> 00:32:26,700 He's, he's used the fact that he has so much, so many of these 575 00:32:26,700 --> 00:32:29,900 companies, right? Black Rock, like, has so many of 576 00:32:29,900 --> 00:32:33,800 these come like if you look at you go through Fortune 500 list 577 00:32:34,100 --> 00:32:37,600 and you go to the top, you know, stockholders of everything of 578 00:32:37,600 --> 00:32:40,200 Apple, Google, whatever you will see, black rock there. 579 00:32:40,700 --> 00:32:45,900 And he's used that power too. To push, push the ESG, agenda 580 00:32:45,900 --> 00:32:49,700 hard, like, Larry, Larry. Fink was a big proponent of 581 00:32:49,700 --> 00:32:52,800 that, right? And then you kind of think about 582 00:32:52,800 --> 00:32:54,000 it. You're like, you know, Bitcoin 583 00:32:54,000 --> 00:32:58,400 kind of goes against this, this agenda in a way. 584 00:32:59,500 --> 00:33:03,900 And then, you know, you know, it makes you think, but at the same 585 00:33:03,900 --> 00:33:06,500 time, I just think incentives, right? 586 00:33:06,500 --> 00:33:08,900 I think incentives. I think American Hollow said it 587 00:33:08,900 --> 00:33:11,500 best like no one's better than their incentives and I think 588 00:33:11,800 --> 00:33:13,800 Bitcoins incentives are This table. 589 00:33:13,800 --> 00:33:17,000 And if you're looking at it from black rocks perspective, and 590 00:33:17,000 --> 00:33:20,700 then you see Bank of America, get involved, you see Fidelity, 591 00:33:20,700 --> 00:33:23,000 get involved right? You're looking at that and 592 00:33:23,008 --> 00:33:25,100 you're like, we might have to get at. 593 00:33:25,200 --> 00:33:29,100 We might have to get in front of this thing and I hope you're 594 00:33:29,100 --> 00:33:31,000 right. Make, I hope that, you know, 595 00:33:31,000 --> 00:33:34,200 they aren't able to do it because, you know, the ability 596 00:33:34,200 --> 00:33:37,400 for because of how easy it is for the individual to take self 597 00:33:37,400 --> 00:33:40,200 custody, right? So and it's instantaneous it's 598 00:33:40,200 --> 00:33:43,200 not like, okay send me my 10 million dollars worth of gold. 599 00:33:43,300 --> 00:33:46,100 Old please, you know and with the armored cars and whatever 600 00:33:46,200 --> 00:33:49,800 Bitcoin is, it's a lot easier and then hopefully, you know, 601 00:33:49,800 --> 00:33:53,500 they aren't able to do what they've done in the past. 602 00:33:53,500 --> 00:33:55,500 Anyways, Opti. What are your thoughts on all 603 00:33:55,500 --> 00:33:59,100 this brother and then we'll move on to the culture and talk about 604 00:33:59,100 --> 00:34:00,500 geyser. Yeah. 605 00:34:00,500 --> 00:34:03,900 Well, first, it's a trust and not an ETF, and I'm no expert on 606 00:34:03,900 --> 00:34:06,100 the, oh, no. And so I so apparently, 607 00:34:06,700 --> 00:34:11,000 apparently, I thought that too, but actually Corey tweeted 608 00:34:11,000 --> 00:34:15,600 something about it. Last night and he said this was 609 00:34:15,600 --> 00:34:18,300 13 hours ago. Corey says it's okay to call it 610 00:34:18,300 --> 00:34:24,800 an ETF guys Securities Act of 1933 filing under form s-1 not 611 00:34:24,800 --> 00:34:28,600 form and one a will trade on an exchange and be redeemable to 612 00:34:28,600 --> 00:34:32,100 the issue issuer, way better than gbtc now. 613 00:34:32,100 --> 00:34:35,400 We'll wait to see if the SEC approves BlackRock spot Bitcoin 614 00:34:35,400 --> 00:34:38,199 ETF. So, yeah, so awesome. 615 00:34:38,199 --> 00:34:41,199 Awesome. And it is apparently, and we'll 616 00:34:41,199 --> 00:34:43,100 leave the gbtc aside. We won't talk. 617 00:34:43,300 --> 00:34:45,699 About that today because I think there is an interesting lead 618 00:34:45,699 --> 00:34:49,000 there, but I think this is almost guaranteed to get past 619 00:34:49,000 --> 00:34:52,400 considering it is Blackrock. And I think I saw somewhere on 620 00:34:52,400 --> 00:34:56,100 Twitter that said, like 90% of their filings get passed. 621 00:34:56,100 --> 00:35:00,300 So look obviously this is bullish for Bitcoin in in some 622 00:35:00,300 --> 00:35:02,300 sense. Well in many sense legitimizing 623 00:35:02,300 --> 00:35:06,300 Bitcoin in the eyes of Trad Phi and then of course black Black 624 00:35:06,300 --> 00:35:09,300 Rock has trillions of dollars under their assets but like 625 00:35:09,300 --> 00:35:12,200 yellow keeps saying but at what cost you know BlackRock are the 626 00:35:12,200 --> 00:35:15,900 bad guys in my Ian, they own everything and in many respects, 627 00:35:15,900 --> 00:35:18,600 this is the reason that Satoshi made Bitcoin in the first place 628 00:35:18,600 --> 00:35:20,500 is to get away from these Fiat games. 629 00:35:20,700 --> 00:35:24,300 So I am very conflicted on this. I'm a kind of agreeing with a 630 00:35:24,308 --> 00:35:27,200 lot of people in the chat saying, you know, fuck black 631 00:35:27,200 --> 00:35:31,200 rock back on a black rock owns any everything but I think this 632 00:35:31,200 --> 00:35:35,100 is one of those events that was probably inevitable. 633 00:35:35,800 --> 00:35:39,900 You know, there's a for many reasons you'd expect that this 634 00:35:39,900 --> 00:35:44,700 would happen eventually And maybe it's just a little too 635 00:35:44,700 --> 00:35:46,400 late. A little too little too late 636 00:35:46,400 --> 00:35:49,200 like make kind of made me think about the issuance rate of 637 00:35:49,200 --> 00:35:51,100 Bitcoin. What do we cover that number all 638 00:35:51,100 --> 00:35:53,500 the time? Like 92% of all Bitcoin is being 639 00:35:53,500 --> 00:35:55,900 held. So maybe most of the Bitcoin is 640 00:35:55,900 --> 00:35:59,400 already held in self custody and they won't ever be able to 641 00:35:59,400 --> 00:36:02,800 actually scoop up a meaningful amount of Bitcoin. 642 00:36:03,200 --> 00:36:07,100 But there is a lot of stuff in that official filing that is 643 00:36:07,100 --> 00:36:10,400 very concerning and of course you mentioned, one of them. 644 00:36:13,700 --> 00:36:17,100 Coinbase is the going to, I'm Ellen, is the Fiat bank, but I 645 00:36:17,100 --> 00:36:21,200 think the the part that most Bitcoin has latched onto is the 646 00:36:21,200 --> 00:36:26,600 idea that black rock will be able to pull their weight behind 647 00:36:26,600 --> 00:36:28,400 whatever contentious Fork they want. 648 00:36:28,400 --> 00:36:32,100 So it has this little clause in there that saying, they were use 649 00:36:32,100 --> 00:36:35,100 their discretion to determine which Fork is the real Fork. 650 00:36:35,300 --> 00:36:39,300 So, it will be interesting to see whether they try to Fork 651 00:36:39,300 --> 00:36:42,100 Bitcoin into like an ESG friendly for it. 652 00:36:42,400 --> 00:36:45,800 And People get duped into following that chain and I think 653 00:36:45,800 --> 00:36:48,600 Marty been asked a very good question and we kind of 654 00:36:48,600 --> 00:36:50,500 mentioned it here about Bitcoins. 655 00:36:50,500 --> 00:36:56,800 Incentives is, was this Black Rock Hand being forced by 656 00:36:56,800 --> 00:37:01,200 Bitcoin or, you know, are they trying to Corner the market? 657 00:37:01,200 --> 00:37:04,300 So it's one of these like, is this a chicken or an egg moment? 658 00:37:04,900 --> 00:37:08,200 But, you know, going further, we kind of touched on it with bit 659 00:37:08,200 --> 00:37:11,000 pain. It really does seem like the 660 00:37:11,000 --> 00:37:15,000 powers that be have stopped. Every other ETF attempt and to 661 00:37:15,000 --> 00:37:17,500 make sure that the Fiat overlords get the first spot 662 00:37:17,500 --> 00:37:20,700 Bitcoin ETF. So you know, it's a lot of red 663 00:37:20,700 --> 00:37:23,900 flags at least maybe it's just me being a paranoid Bitcoin. 664 00:37:23,900 --> 00:37:26,600 ER, and I just like, oh man, I don't know. 665 00:37:26,600 --> 00:37:30,500 I fundamentally don't trust Black Rock and it just makes me 666 00:37:30,500 --> 00:37:34,800 feel like men, you know, I do feel like this will pump our 667 00:37:34,800 --> 00:37:37,200 bags. Also kind of what make touch on 668 00:37:37,200 --> 00:37:39,200 as well. The concern about price 669 00:37:39,200 --> 00:37:42,600 suppression but it does legitimize Bitcoin. 670 00:37:42,700 --> 00:37:46,400 Of course, The Narrative of like the the institutions are coming. 671 00:37:46,400 --> 00:37:49,100 Well hey guys, we've been saying it for a while, they've been 672 00:37:49,100 --> 00:37:53,700 here and I don't think people really can't wrap their head 673 00:37:53,700 --> 00:37:56,000 around the idea of trillions of dollars. 674 00:37:56,000 --> 00:37:57,700 Like that's a shit ton of money you. 675 00:37:57,700 --> 00:38:00,500 So if they're putting their way around, you know, wherever 676 00:38:00,500 --> 00:38:03,600 they're putting their way and what they're trying to push, I 677 00:38:03,608 --> 00:38:06,300 don't know it just it really does seem like one of those 678 00:38:06,300 --> 00:38:09,600 truly terrifying moments is just like an average Bitcoin ER that 679 00:38:10,200 --> 00:38:12,600 will probably never see trillions of dollars. 680 00:38:12,800 --> 00:38:16,800 You know, but I hate being a defeatist so like I still think 681 00:38:16,800 --> 00:38:20,200 Bitcoins incentives, work. And again, I think most of the 682 00:38:20,200 --> 00:38:23,100 Bitcoin is in South custody and like what can we really do? 683 00:38:23,600 --> 00:38:27,100 And it's pretty much what we continuously do is try to 684 00:38:27,100 --> 00:38:30,100 educate people get people to hold Bitcoin in self custody and 685 00:38:30,100 --> 00:38:33,400 I think now is one of those important times to be. 686 00:38:33,400 --> 00:38:36,600 Like, look, if you aren't running a node right now, you 687 00:38:36,600 --> 00:38:40,800 should be doing that at this point because hey, we know that 688 00:38:40,800 --> 00:38:43,800 running a node in and of itself, doesn't Unless it has economic 689 00:38:43,800 --> 00:38:47,400 activity and if Black Rock runs a node and they're pushing 690 00:38:47,400 --> 00:38:49,800 trillions of dollars through that node, then yes. 691 00:38:49,800 --> 00:38:54,500 There contentious Fork will probably dwarf anything that all 692 00:38:54,500 --> 00:38:56,900 of us bitcoiners are doing and we've seen in the past. 693 00:38:56,900 --> 00:39:01,300 Of course, coinbase was one of the big you know, Nemesis in the 694 00:39:01,300 --> 00:39:03,700 fork Wars. Now they're going to be maybe 695 00:39:03,700 --> 00:39:08,300 one of the biggest custodians of Bitcoin and I don't know it just 696 00:39:08,300 --> 00:39:12,700 a lot of red flags and my alarms are going off in my head. 697 00:39:12,700 --> 00:39:16,600 I head, but also I think in the eyes of the average person, this 698 00:39:16,600 --> 00:39:20,400 does legitimize Bitcoin and obviously people will start to 699 00:39:20,408 --> 00:39:23,000 wake up and there will be a lot of money that gets funneled into 700 00:39:23,000 --> 00:39:25,100 Bitcoin. So I don't know. 701 00:39:25,100 --> 00:39:29,800 It's one of these like, man, I don't know it at what cost are 702 00:39:29,800 --> 00:39:31,700 we going to be absolutely bullish. 703 00:39:31,700 --> 00:39:34,600 But it does seem like the bear Market is over and we've seen 704 00:39:34,600 --> 00:39:36,200 this Playbook happen all the time. 705 00:39:36,200 --> 00:39:39,700 I mean you covered it in the beginning, Larry Fink's been in 706 00:39:39,800 --> 00:39:44,800 active anti Bitcoin ER and now He is endorsing Bitcoin. 707 00:39:44,800 --> 00:39:47,200 So it's one of those playbooks that we talk about all the time. 708 00:39:47,200 --> 00:39:49,600 Like I don't like Bitcoin. Let me fill my bags. 709 00:39:49,600 --> 00:39:52,000 And once my bags are packed, I love Bitcoin. 710 00:39:52,000 --> 00:39:53,900 And let's start this bull market. 711 00:39:53,900 --> 00:39:56,600 So man, I don't know we've seen this play but happen all the 712 00:39:56,600 --> 00:39:59,500 time. But I really do on one hand, 713 00:39:59,500 --> 00:40:02,800 feel like this was inevitable. And on the other hand it's like 714 00:40:02,800 --> 00:40:06,500 I still believe in Bitcoin and the incentive structures and I 715 00:40:06,508 --> 00:40:09,900 think Bitcoin will overcome this as well. 716 00:40:10,300 --> 00:40:12,600 It's just it's only one it's one of these things where like it's 717 00:40:12,700 --> 00:40:15,900 In time, we will see what happens and I don't know. 718 00:40:15,900 --> 00:40:19,900 I don't think we should get too too - here or too optimistic 719 00:40:19,900 --> 00:40:21,700 about it. I think this is something that 720 00:40:21,700 --> 00:40:24,700 we knew was going to happen at a certain point but there is a lot 721 00:40:24,700 --> 00:40:26,900 of fishy stuff, man. Just like genzler, Clearinghouse 722 00:40:26,900 --> 00:40:30,200 of the feline, overlords can get in, it's just I don't know. 723 00:40:30,200 --> 00:40:32,700 It makes me feel weird. It's like man, it's all a 724 00:40:32,708 --> 00:40:34,500 conspiracy. It's did I my time? 725 00:40:34,700 --> 00:40:36,600 You know, I'm the conspirators here. 726 00:40:36,600 --> 00:40:38,500 So, I'm just like, man, I don't know. 727 00:40:38,500 --> 00:40:40,400 The only thing that's true is Kaboom Rex. 728 00:40:42,200 --> 00:40:44,500 Oh, man. All right, everybody Opti you 729 00:40:44,500 --> 00:40:46,600 just fucking great job. Dude, that was that was good 730 00:40:46,600 --> 00:40:49,200 stuff. That was some mighty, you get 731 00:40:49,200 --> 00:40:51,700 included, Marty been in there some other cakes. 732 00:40:51,800 --> 00:40:54,300 Hey, I'm not as dumb as I like Mica. 733 00:40:54,700 --> 00:40:57,900 I never said that, I never said. I'm the one that says that I'm 734 00:40:57,900 --> 00:41:01,300 the one that says that usually. Anyways, everybody, you 735 00:41:01,300 --> 00:41:04,500 definitely want to make it over the Finish Line with your 736 00:41:04,500 --> 00:41:08,400 generational wealth and the way you do that is by properly 737 00:41:08,400 --> 00:41:12,000 storing, your Bitcoin, up your Bitcoin, wallet seed words, and 738 00:41:12,000 --> 00:41:13,000 passphrase. Raises. 739 00:41:13,400 --> 00:41:16,400 And the way you do that is you put it on steel. 740 00:41:16,400 --> 00:41:19,300 This is the B Place Domino. It's designed to it's designed 741 00:41:19,300 --> 00:41:21,400 to preserve Bitcoin wallet, back up, see where it's and 742 00:41:21,400 --> 00:41:23,300 passphrase. Is easy to use hard to destroy 743 00:41:23,400 --> 00:41:25,700 made from highly corrosion-resistant, 316 marine 744 00:41:25,700 --> 00:41:28,300 grade stainless steel, and offers ultimate protection 745 00:41:28,300 --> 00:41:29,600 against extremes of temperatures. 746 00:41:29,800 --> 00:41:32,800 You can use the promo code simply to get 10% off anything 747 00:41:32,900 --> 00:41:35,000 on B, plates.com. Anyways, everybody. 748 00:41:35,000 --> 00:41:41,800 Let's get to the culture. The daily culture brought to you 749 00:41:41,800 --> 00:41:46,500 by Swan Bitcoin.com, Swan is the best way to build your Bitcoin 750 00:41:46,500 --> 00:41:49,400 stack with automated Bitcoin savings plans and instant 751 00:41:49,400 --> 00:41:54,000 purchases serving clients of any size from ten dollars to ten 752 00:41:54,200 --> 00:41:56,200 million dollars. 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Bitcoin experts will get you set 762 00:42:23,100 --> 00:42:26,200 up with no transfer fees and no minimum balance requirements. 763 00:42:26,400 --> 00:42:29,300 This is real Bitcoin on ETF or other derivative, get the real 764 00:42:29,300 --> 00:42:32,500 thing and get it at Swan. Go to Swan.com Ira, for more 765 00:42:32,500 --> 00:42:34,500 details. And of course, if you have any 766 00:42:34,500 --> 00:42:37,200 questions, doubts, or concerns, you can hit me up on Twitter or 767 00:42:37,200 --> 00:42:40,100 the orange fill up. Anyways Opti no more delay. 768 00:42:40,100 --> 00:42:45,300 I'm really freaking excited to talk about guys are today II, 769 00:42:45,300 --> 00:42:48,500 kind of fan Boyd in the very beginning Mick, what you're 770 00:42:48,500 --> 00:42:53,800 doing is is extremely important and I'm really looking forward 771 00:42:53,800 --> 00:42:56,100 to this conversation. Yeah. 772 00:42:56,100 --> 00:42:59,100 Same here. Well, let's recap, let's recap 773 00:42:59,100 --> 00:43:02,600 for everyone. What exactly is geyser and why 774 00:43:02,600 --> 00:43:05,200 should the audience care about the project? 775 00:43:05,200 --> 00:43:08,200 Obviously, Niko's, a fanboy but let's do it again. 776 00:43:08,300 --> 00:43:11,300 Again, for people coming in late and for the people in the back. 777 00:43:13,000 --> 00:43:16,900 Right. So imagine Kickstarter, but on 778 00:43:16,900 --> 00:43:21,100 bitcoin, on Lightning, but because Bitcoin is global 779 00:43:21,200 --> 00:43:24,900 borderless. This platform is also borderless 780 00:43:24,900 --> 00:43:28,600 and Global, right? So it's the easiest way for 781 00:43:28,600 --> 00:43:33,200 anyone to Just Launch her ideas and and raise funds through the 782 00:43:33,200 --> 00:43:36,200 community. So again, it's, you know, 783 00:43:36,200 --> 00:43:38,900 there's different platforms out there that are emerging, you 784 00:43:38,900 --> 00:43:42,500 know, obviously now stirs an interesting career Call that 785 00:43:42,500 --> 00:43:46,300 enables tipping and things like that, but it was guys are really 786 00:43:46,300 --> 00:43:49,200 focused on ideas, right? And people that have an idea, 787 00:43:49,200 --> 00:43:54,100 have a project, sometimes a long-term project, they can put 788 00:43:54,100 --> 00:43:58,400 it out there, you know, sponsor and get community to support 789 00:43:58,400 --> 00:44:02,900 them by funding it. And at first, I was like is this 790 00:44:02,900 --> 00:44:05,100 going to happen like a bitcoiners going to actually 791 00:44:05,100 --> 00:44:09,700 want to spend their Bitcoin and you know my hunch was yes my 792 00:44:09,700 --> 00:44:14,000 hunch was people do want to support Causes of the care about 793 00:44:14,200 --> 00:44:17,600 within the Bitcoin ecosystem. They do want to spend our SATs 794 00:44:17,900 --> 00:44:22,400 to do want to contribute, and whilst I often, say this, while 795 00:44:22,400 --> 00:44:27,200 spending Bitcoin is painful sending SATs is joyful, because 796 00:44:27,500 --> 00:44:29,500 it's not the same experience with lightning. 797 00:44:29,500 --> 00:44:33,200 It's so easy. Sending money quickly, instantly 798 00:44:33,200 --> 00:44:38,100 border Loosely cheaply is one thing and then sending funds on 799 00:44:38,100 --> 00:44:40,200 chain, which are, you know, heavy sometimes, they call 800 00:44:40,200 --> 00:44:42,700 storage is a whole different. Experience. 801 00:44:42,700 --> 00:44:46,700 And so our bet was with lightning, you can create a send 802 00:44:46,700 --> 00:44:50,000 funds on chain as well, but we were really, you know, initially 803 00:44:50,000 --> 00:44:53,600 mostly lightning - now we're, you know, fully Bitcoin and 804 00:44:53,600 --> 00:44:57,200 lightning native and that's sort of the idea, right? 805 00:44:57,200 --> 00:45:01,100 You, you launch your idea people sunsets from all over the world 806 00:45:01,300 --> 00:45:05,900 and let me tell you one of the key projects themes that exists 807 00:45:05,900 --> 00:45:10,000 on Geyser is education. We all care so much as 808 00:45:10,000 --> 00:45:12,100 bitcoiners for Bitcoin education. 809 00:45:12,300 --> 00:45:16,600 Spreading Bitcoin education all over the world wherever it be. 810 00:45:17,000 --> 00:45:21,000 And so we're seeing most projects being in some shape or 811 00:45:21,000 --> 00:45:24,000 form being related to education. If you're a Bitcoin ER and you 812 00:45:24,000 --> 00:45:27,900 have your future job, you can contribute by just supporting 813 00:45:27,900 --> 00:45:31,100 these projects by donating. You can even purchase items from 814 00:45:31,100 --> 00:45:35,400 these projects that are selling items or you can actually put 815 00:45:35,400 --> 00:45:39,700 out there, your project, your idea and and start contributing 816 00:45:39,700 --> 00:45:42,000 to the ecosystem and I think this is one of the other key. 817 00:45:42,300 --> 00:45:46,600 In size that we had early on which rose Bitcoin is something 818 00:45:46,600 --> 00:45:47,800 that we all feel passionate about. 819 00:45:47,800 --> 00:45:50,400 So we all have skills will have passions. 820 00:45:50,400 --> 00:45:53,800 So for example, we see people that are football fans, football 821 00:45:53,800 --> 00:45:57,300 players and bitcoiners that aside to kind of what we bring 822 00:45:57,300 --> 00:46:00,000 those two passions together and so they go out there and do 823 00:46:00,000 --> 00:46:02,900 their football club and call it Bitcoin Ballers. 824 00:46:03,300 --> 00:46:07,700 Shout out to to juiciest and create a project that is focused 825 00:46:07,700 --> 00:46:12,100 on bitcoin for the football community in the UK, right? 826 00:46:12,400 --> 00:46:14,100 You see this all on and on right? 827 00:46:14,100 --> 00:46:16,800 See artists are like I love Bitcoin, I'm an artist. 828 00:46:16,800 --> 00:46:18,700 I want to contribute to the space I'm going to do a comic 829 00:46:18,700 --> 00:46:22,100 book. I am a fiction writer and I love 830 00:46:22,100 --> 00:46:24,100 Bitcoin. Let me write a story about it. 831 00:46:24,800 --> 00:46:28,000 I'm a filmmaker and I want to make a film or a documentary 832 00:46:28,000 --> 00:46:32,400 about Bitcoin on and on you know creative Enterprises educational 833 00:46:32,900 --> 00:46:36,000 projects and Community project. You know, people that are like 834 00:46:36,000 --> 00:46:38,200 okay I want to create my own meet up. 835 00:46:38,300 --> 00:46:41,200 I'm going to create one of the big one right now is Kansas 836 00:46:41,200 --> 00:46:43,600 City. Shout out to the guys in Kansas 837 00:46:43,600 --> 00:46:46,300 City. I have a really cool, very big 838 00:46:46,300 --> 00:46:48,800 meet up and they get community contribute towards it to buy 839 00:46:48,800 --> 00:46:52,000 beers to give SATs back away within the community. 840 00:46:53,100 --> 00:46:57,300 So it's really just a really easy platform for people to put 841 00:46:57,300 --> 00:46:59,700 their ideas out there and get support from the community, 842 00:47:00,400 --> 00:47:04,300 really community-centered crowdfunding that is easy to do. 843 00:47:04,300 --> 00:47:06,800 So you plug in your lightning address and you're good to go. 844 00:47:06,800 --> 00:47:09,700 You can also plug in your node in which case it's free to use 845 00:47:09,700 --> 00:47:12,300 geyser. Using a lightning address is We 846 00:47:12,300 --> 00:47:16,900 tried a 2% fee per transaction but that's really about it. 847 00:47:16,900 --> 00:47:19,100 We're not custodial funds, go straight to the Creator. 848 00:47:20,700 --> 00:47:23,400 So we cannot censor, we cannot freeze. 849 00:47:23,700 --> 00:47:25,200 Obviously we're still a platform. 850 00:47:25,200 --> 00:47:29,000 So if there's projects that don't align with our, with our, 851 00:47:29,000 --> 00:47:32,400 you know, ethos or training cell secure, illegal Securities, we 852 00:47:32,400 --> 00:47:36,800 will have to close those projects down, we have to so, 853 00:47:36,900 --> 00:47:40,100 you know. So as a company, be careful and 854 00:47:40,100 --> 00:47:43,500 you know, regulated But what's important for us is that the 855 00:47:43,508 --> 00:47:45,400 funds go straight to the creators of the what happens 856 00:47:45,400 --> 00:47:47,500 with the trucker's could not have happened on Geyser? 857 00:47:47,700 --> 00:47:51,000 We do not hold funds. Again, this is part of the key 858 00:47:51,000 --> 00:47:54,300 ethos that, that we have. So yeah, hopefully that answers 859 00:47:54,300 --> 00:47:56,200 a few questions, but how do you take some more? 860 00:47:56,200 --> 00:47:59,700 You answered all the questions that I had for you but let's 861 00:48:00,400 --> 00:48:11,900 let's look for the future because the the one of the one 862 00:48:11,900 --> 00:48:14,400 of the He's about GoFundMe, right? 863 00:48:14,400 --> 00:48:18,900 Was when the Canadian truckers protests happened, what 864 00:48:18,900 --> 00:48:20,600 happened? The Canadian government stepped 865 00:48:20,600 --> 00:48:26,800 in and they said, no, no, you know, you can't donate to people 866 00:48:26,800 --> 00:48:32,300 that we don't agree with so and then this functions a little bit 867 00:48:32,300 --> 00:48:33,900 differently, right? Because it's peer-to-peer. 868 00:48:34,100 --> 00:48:36,900 So, like, technically, they could go after the platform but 869 00:48:36,900 --> 00:48:38,700 they can't take the money, right? 870 00:48:38,700 --> 00:48:43,200 And I think that's really the, the, you know, The the this 871 00:48:43,600 --> 00:48:47,700 something that I love about your platform so also make is this is 872 00:48:47,700 --> 00:48:50,400 this a for-profit company? I'm assuming it is, right? 873 00:48:50,500 --> 00:48:51,600 Yeah. Absolutely. 874 00:48:51,600 --> 00:48:55,100 We're C Corp base in the u.s. you know we still think that we 875 00:48:55,100 --> 00:48:58,100 can take on the big platforms that are out there. 876 00:48:58,200 --> 00:49:02,200 You know, GoFundMe like Kickstarter and just focus on a 877 00:49:02,200 --> 00:49:06,300 Bitcoin, only model, gotcha, and then so and then so you take a 878 00:49:06,308 --> 00:49:09,200 percentage of the SATs that are donated. 879 00:49:09,200 --> 00:49:11,700 How does that? What's the, what's the technical 880 00:49:11,700 --> 00:49:13,000 stuff? Yeah, And that because you said 881 00:49:13,000 --> 00:49:15,400 it's peer-to-peer. So how does that work? 882 00:49:15,600 --> 00:49:17,000 Yeah, that's a really good question. 883 00:49:17,000 --> 00:49:19,500 So so if you're a Creator and you want to create a project, 884 00:49:19,500 --> 00:49:21,700 you can, you can you can do two things. 885 00:49:21,700 --> 00:49:25,000 You can either connect your node in which case the funds go 886 00:49:25,000 --> 00:49:27,600 straight to your node and we don't even touch them and we 887 00:49:27,600 --> 00:49:30,500 don't take any fees. So that's that's the option one 888 00:49:30,500 --> 00:49:32,900 and so if you're not a runner, it's a no-brainer critical to 889 00:49:32,900 --> 00:49:36,800 guys because it's free to use and an option two is you plug in 890 00:49:36,800 --> 00:49:40,000 your lightning address. And then we forward all the SATs 891 00:49:40,000 --> 00:49:42,000 directly to your, to your lightning. 892 00:49:42,100 --> 00:49:45,300 Address. And in that case, we take a 2% 893 00:49:45,300 --> 00:49:49,700 fee just obviously to maintain the node and operation costs and 894 00:49:49,700 --> 00:49:54,000 all and all are our costs. And the way that we do that 895 00:49:54,000 --> 00:49:56,900 technically is by using these hottel invoices. 896 00:49:57,200 --> 00:50:02,000 So basically makes it even more noncustodial because we don't 897 00:50:02,000 --> 00:50:05,900 actually ever custody or funds not even for a second. 898 00:50:06,100 --> 00:50:09,800 What we do is that we send the funds over to the creator of the 899 00:50:09,800 --> 00:50:13,600 project to the receiver and then we take the money from the 900 00:50:13,600 --> 00:50:16,000 funder. It's really smart interesting. 901 00:50:16,000 --> 00:50:19,100 Smart Contra that was created on Lightning called hottel invoice. 902 00:50:19,400 --> 00:50:23,400 That enables us to kind of forward SATs in a noncustodial 903 00:50:23,400 --> 00:50:25,400 way. Gotcha. 904 00:50:25,700 --> 00:50:29,000 This is, it is one more question on this side, not to cut you off 905 00:50:29,000 --> 00:50:30,600 Nico. But can people donate 906 00:50:30,600 --> 00:50:34,200 anonymously or their identities necessarily attached to their 907 00:50:34,200 --> 00:50:36,200 donations or what's going on here. 908 00:50:36,300 --> 00:50:40,100 Another really good question, so you can donate anonymously. 909 00:50:40,300 --> 00:50:42,800 Absolutely. If you want to purchase a 910 00:50:42,808 --> 00:50:46,200 reward, sometimes you can buy it by things, some of the projects 911 00:50:46,200 --> 00:50:49,300 sell items. In that case, you will have to 912 00:50:49,500 --> 00:50:50,700 do anything. You have to do is drop your 913 00:50:50,700 --> 00:50:54,500 email in order to kind of maintain that connection because 914 00:50:54,600 --> 00:50:58,600 Have to do the, the the seller, so that you may get the 915 00:50:58,600 --> 00:51:00,200 postcode, or something like that. 916 00:51:01,500 --> 00:51:04,500 And then if you're, but if you're creating a project, you 917 00:51:04,500 --> 00:51:07,300 do need to tie your identity. So you need to login, you those 918 00:51:07,300 --> 00:51:12,100 Twitter Noster, which is a lot more sense of shock resistant 919 00:51:12,200 --> 00:51:17,100 and or lightning, addresses actually as well assume. 920 00:51:17,800 --> 00:51:21,800 And, and the reason for that is that we, the trust element is 921 00:51:21,800 --> 00:51:23,400 important, right? People will fund you. 922 00:51:23,400 --> 00:51:25,600 If they, if they That you're a real person. 923 00:51:25,600 --> 00:51:28,600 If you claim to be a time back, people are not going to, you 924 00:51:28,600 --> 00:51:30,300 know, people might fall for it, right. 925 00:51:30,300 --> 00:51:35,000 But we need to, we need to have a system of web of trust model 926 00:51:35,200 --> 00:51:38,400 where people can find you because, you know, Nico is Nico 927 00:51:38,400 --> 00:51:42,300 and, you know, yeah, you're right. 928 00:51:42,300 --> 00:51:45,000 So it does a key element that we thought we would maintain. 929 00:51:45,000 --> 00:51:48,200 So that the social layer is important here as well. 930 00:51:49,000 --> 00:51:51,200 Abdi, when are we making a geyser, bro? 931 00:51:51,600 --> 00:51:53,100 I don't know. It seems like we got to do it 932 00:51:53,100 --> 00:51:54,500 now, bro. We got to do it. 933 00:51:54,600 --> 00:51:57,000 I have a plan. I know Ben's on there, right? 934 00:51:57,000 --> 00:51:59,000 I'm pretty sure bets on their hands on it. 935 00:51:59,600 --> 00:52:02,300 We've got a few people and look, I think podcasters for 936 00:52:02,300 --> 00:52:04,200 podcasters. I think it's been, you know, 937 00:52:04,200 --> 00:52:05,800 quite growing growing quite a loss. 938 00:52:05,800 --> 00:52:08,100 Actually. If you click on podcasts, you'll 939 00:52:08,100 --> 00:52:10,900 see it on there. There's quite a few podcasters 940 00:52:10,900 --> 00:52:13,200 in there. Okay, I like science. 941 00:52:13,200 --> 00:52:15,800 So it said I can do three. So here we go. 942 00:52:15,800 --> 00:52:18,600 Here we go. Are you so with podcasts? 943 00:52:19,000 --> 00:52:21,000 I think actually two bits idiots. 944 00:52:21,000 --> 00:52:23,900 Podcast won the grant. Last actually, I think they've 945 00:52:23,900 --> 00:52:26,900 created a Projects as well. So if you click on their 946 00:52:26,900 --> 00:52:30,100 profile, you can actually see the different projects of this 947 00:52:30,100 --> 00:52:32,700 created. Yeah, that's the one. 948 00:52:33,200 --> 00:52:35,600 So I think with the kids are home, addition, we actually won 949 00:52:35,600 --> 00:52:41,700 the leaderboard for last week for, for top of kids, art 950 00:52:41,700 --> 00:52:45,000 competition. So it's really trying to gamify, 951 00:52:45,000 --> 00:52:47,800 making a great experience, quitting and leaderboard and 952 00:52:47,800 --> 00:52:49,800 also, adding tooling. So, for now, what you can do is 953 00:52:49,808 --> 00:52:54,500 you can write entries, which are like long-form articles, you can 954 00:52:54,600 --> 00:52:58,100 Tad Milestones, but also looking forward. 955 00:52:58,100 --> 00:53:01,200 We're looking to add more functionalities that we're still 956 00:53:01,300 --> 00:53:04,500 exploring, like example, adding events rise, with the events, 957 00:53:04,500 --> 00:53:06,900 could be a physical location, but it could also be like, you 958 00:53:06,900 --> 00:53:11,100 know, a stream or it could be something else. 959 00:53:11,400 --> 00:53:14,700 I, and then also posts, right? The ability to actually write 960 00:53:14,700 --> 00:53:17,700 updates or posts so it functions like a bit. 961 00:53:17,700 --> 00:53:20,200 Like you said, you know, it's for creators that have an idea 962 00:53:20,200 --> 00:53:25,200 that they want to happen, but it can also exist within the Folio 963 00:53:25,200 --> 00:53:28,400 of a company creator that wants to put their work out there. 964 00:53:29,700 --> 00:53:32,500 And obviously that rewards you can sell things, you know, merch 965 00:53:32,500 --> 00:53:35,400 and things like that. And I think we're going to be 966 00:53:35,400 --> 00:53:38,600 working quite a bit on the reward side in order to make to 967 00:53:38,600 --> 00:53:42,400 integrate, pull shipping to make it easy for people to buy things 968 00:53:42,400 --> 00:53:44,600 in a still in a censorship resistance way. 969 00:53:44,700 --> 00:53:48,700 So we will not like custody any any information around your 970 00:53:48,700 --> 00:53:52,500 address but you still be able to receive things in your, in your 971 00:53:52,500 --> 00:53:56,200 home as well. Yeah, there's a lot of exciting 972 00:53:56,200 --> 00:53:58,900 things that we're looking to get as well in the future. 973 00:53:58,900 --> 00:54:01,300 So it might be turning into a Marketplace as well. 974 00:54:01,300 --> 00:54:04,900 It's just not, not only like a Kickstarter funding platform. 975 00:54:05,500 --> 00:54:08,300 Yeah. I mean like there's only so much 976 00:54:08,300 --> 00:54:10,600 that a platform can actually do, right? 977 00:54:11,200 --> 00:54:15,000 So you know, we wouldn't be able to compete, you know, with with 978 00:54:15,200 --> 00:54:17,700 platform that is entirely focused on a Marketplace. 979 00:54:18,200 --> 00:54:22,200 We, you can't sell things on Geyser and it's still, we can 980 00:54:22,200 --> 00:54:24,400 improve the the marketplace experience. 981 00:54:24,800 --> 00:54:28,300 But it does have to still be focused on that on that project 982 00:54:28,300 --> 00:54:30,500 or that idea of a creator of the say. 983 00:54:30,800 --> 00:54:33,600 So yeah, I think you're kind of right? 984 00:54:33,800 --> 00:54:36,800 Although it you'll not ever find everything on Geyser. 985 00:54:36,800 --> 00:54:40,000 I think it'll be very so focused on kind of crowdfunding ideas. 986 00:54:41,500 --> 00:54:43,600 Awesome. What was your what's one of your 987 00:54:43,600 --> 00:54:45,300 most more? I don't know. 988 00:54:45,300 --> 00:54:48,000 Proud achievements that you got funded through geyser. 989 00:54:49,000 --> 00:54:51,400 So actually on the right side you see project leader board. 990 00:54:51,400 --> 00:54:54,500 You see if you click all time you can you can see that the top 991 00:54:54,500 --> 00:54:57,800 project so far. So the top part so far by far is 992 00:54:57,800 --> 00:55:03,400 a Bitcoin trading cards with 2.1 Bitcoin funded and obviously 993 00:55:03,400 --> 00:55:06,800 this project is like incredible. I was always bullish about 994 00:55:06,800 --> 00:55:10,700 Bitcoin trading cards but it is it is blowing my mind. 995 00:55:10,900 --> 00:55:13,900 Even further, right? So I hadn't received 180 996 00:55:14,100 --> 00:55:17,600 individual contributions and what they do is of these sell 997 00:55:17,800 --> 00:55:21,800 these like Pokemon like create a trading card Collectibles that 998 00:55:21,800 --> 00:55:24,800 are about focus on bitcoin and Bitcoin culture and they're 999 00:55:24,800 --> 00:55:29,500 incredibly exciting to play in open and share and trade. 1000 00:55:30,500 --> 00:55:34,400 Shout out to a laden who's leading in as an incredible work 1001 00:55:34,400 --> 00:55:40,300 already created there. There s their second series and 1002 00:55:40,300 --> 00:55:44,400 it's Good like really records anyone to check it out. 1003 00:55:45,000 --> 00:55:47,700 Yeah, Bobby. I love a lot and I love what 1004 00:55:47,700 --> 00:55:49,900 they're doing with with Bitcoin trading cards. 1005 00:55:50,700 --> 00:55:53,200 We're going to have them back on the show very, very soon. 1006 00:55:53,500 --> 00:55:56,800 They released its the second series, right? 1007 00:55:57,000 --> 00:55:59,800 The second series are released and then their work for my 1008 00:55:59,800 --> 00:56:01,500 understanding. They're working on the third 1009 00:56:01,500 --> 00:56:02,700 series. Super. 1010 00:56:02,700 --> 00:56:05,600 Super cool. Man, I am I'm extremely bullish 1011 00:56:06,000 --> 00:56:12,100 on this project specially when Government start to crack down 1012 00:56:12,100 --> 00:56:16,700 and stuff, you know, because it's just it's what you said. 1013 00:56:16,700 --> 00:56:19,800 It's unsensible, its peer to peer. 1014 00:56:19,900 --> 00:56:22,600 Does that worry you a little bit to right? 1015 00:56:22,600 --> 00:56:26,400 Where, you know, instead of GoFundMe people go to geyser to 1016 00:56:26,400 --> 00:56:30,400 start raising money instead, is that something that I'm sure 1017 00:56:30,400 --> 00:56:34,300 you've thought about this? Yeah, I mean again the the worst 1018 00:56:34,300 --> 00:56:37,300 I can always happen is that we the beautiful thing is that we 1019 00:56:37,300 --> 00:56:40,700 cannot take any funds and that makes us so much more more more 1020 00:56:40,700 --> 00:56:43,000 comfortable. Now, if someone comes up and 1021 00:56:43,000 --> 00:56:46,600 starts to create on want to create a militia on Geyser, then 1022 00:56:46,600 --> 00:56:48,400 you know, we can't afford to allow that. 1023 00:56:48,400 --> 00:56:52,200 Like and we do have a terms and condition and, and so far so 1024 00:56:52,200 --> 00:56:55,300 good. And 99% of brought in fact, so 1025 00:56:55,300 --> 00:56:59,900 far every project has actually existed within our terms. 1026 00:57:00,900 --> 00:57:05,900 And yeah, if you want to create An entirely censorship resistant 1027 00:57:05,900 --> 00:57:09,000 crowdfunding platform. Then maybe we would refer you to 1028 00:57:09,200 --> 00:57:11,700 be dissipate server where you run your note and you receive 1029 00:57:11,700 --> 00:57:14,500 all the funds and there is no interface, you know, platform 1030 00:57:14,500 --> 00:57:16,700 that can be sensory, so absolutely. 1031 00:57:17,300 --> 00:57:21,500 But I think we're more in tune with, you know, Bitcoin as a 1032 00:57:21,500 --> 00:57:24,200 peaceful Revolution, right than that. 1033 00:57:24,200 --> 00:57:26,200 Anything else now, are we going to have issues? 1034 00:57:26,300 --> 00:57:30,200 Yeah, perhaps on the line that there will be but, you know, we 1035 00:57:30,200 --> 00:57:32,000 try to maintain the Bitcoin has as much as possible. 1036 00:57:32,100 --> 00:57:34,200 Awesome. But also focusing on bitcoin 1037 00:57:34,200 --> 00:57:39,100 being an accessible tool for the world and also we do have plans 1038 00:57:39,100 --> 00:57:47,500 to explore more natively on sensible solutions that are more 1039 00:57:47,500 --> 00:57:50,500 Nasser based as well. But that would be, I think a 1040 00:57:50,500 --> 00:57:54,000 separate thing because guys are as it is now I think has an 1041 00:57:54,000 --> 00:57:58,500 incredible potential but as a tool that can go mainstream that 1042 00:57:58,500 --> 00:58:02,800 yeah we'll have some of those those liabilities but You know, 1043 00:58:03,400 --> 00:58:07,400 we are, we are, you know, we are we have the ethos, you know, 1044 00:58:07,400 --> 00:58:10,900 every Bitcoin investor, every Star, every geyser investor has 1045 00:58:10,900 --> 00:58:14,000 been Bitcoin. Only, you know, we really focus 1046 00:58:14,000 --> 00:58:17,200 on bitcoin, only investors the board of your Bitcoin only. 1047 00:58:17,400 --> 00:58:20,200 So, you know, we have the backing of the community and you 1048 00:58:20,200 --> 00:58:22,800 know, that's how us for how we approach it. 1049 00:58:22,900 --> 00:58:25,300 Awesome man. Well dude, all the power to you, 1050 00:58:25,300 --> 00:58:27,200 man. Very, very cool stuff. 1051 00:58:27,200 --> 00:58:30,900 Incredibly important project especially, you know, coming 1052 00:58:30,900 --> 00:58:34,400 from the perspective. As a constant Creator and will 1053 00:58:34,400 --> 00:58:36,800 spin up. So hopefully soon a simply 1054 00:58:36,800 --> 00:58:38,800 Bitcoin geyser and will be on there. 1055 00:58:38,800 --> 00:58:42,600 And yeah, anyways, Opti no more delay. 1056 00:58:42,600 --> 00:58:46,000 This jump straight into the know, it did, that was just a 1057 00:58:46,000 --> 00:58:47,700 culture. We're gonna do the mean review, 1058 00:58:47,800 --> 00:58:55,000 kaboom. The daily meme review brought to 1059 00:58:55,000 --> 00:58:57,100 you by Kaboom racks. I get this question all the 1060 00:58:57,100 --> 00:58:57,900 time. Nico. 1061 00:58:57,900 --> 00:59:00,900 Where should I buy Bitcoin? Miners to answer is Kaboom 1062 00:59:00,900 --> 00:59:02,900 racks. It's the best place to buy 1063 00:59:02,900 --> 00:59:04,500 Bitcoin miners. That's where you're going to 1064 00:59:04,508 --> 00:59:07,700 find the best deals and the best prices start. 1065 00:59:07,700 --> 00:59:10,400 Your mining Utopia today to check out their racks. 1066 00:59:10,400 --> 00:59:13,500 You got to go to T dot me, slash Kaboom racks. 1067 00:59:13,500 --> 00:59:17,100 Join their telegram group and start your mining Journey today. 1068 00:59:17,100 --> 00:59:19,100 Kaboom racks. Kappa. 1069 00:59:19,100 --> 00:59:28,300 Dem mix probably like what the fuck is going on? 1070 00:59:30,300 --> 00:59:34,700 Why did I agree to? This is the mean review. 1071 00:59:34,700 --> 00:59:37,100 This is your favorite portion of the show everyone wonders 1072 00:59:37,100 --> 00:59:39,300 whether they miss the meme review or not. 1073 00:59:39,300 --> 00:59:42,000 Now, you just gotta wait till the very end to get to the meme. 1074 00:59:42,300 --> 00:59:45,400 As we say every single day, tweet to the bullets, meme to 1075 00:59:45,400 --> 00:59:48,500 the artillery and it is becoming very, very clear. 1076 00:59:48,600 --> 00:59:51,100 We are in an information War right now. 1077 00:59:51,100 --> 00:59:54,200 So continue to educate continue to get the cause of action out 1078 00:59:54,200 --> 00:59:58,300 there and continue to build the morale up of your friend and 1079 00:59:58,300 --> 01:00:00,300 your family out there with the funnies. 1080 01:00:00,300 --> 01:00:03,700 Anyways. Dropping me move, you score in 1081 01:00:03,700 --> 01:00:07,500 the chat once we cover hours live so that we can get yours 1082 01:00:07,500 --> 01:00:09,900 red on the show. This first one, shouts out to 1083 01:00:09,900 --> 01:00:11,800 American Honda. If you are on the spaces 1084 01:00:11,800 --> 01:00:15,100 yesterday we were joking about this mean but I had to bring it 1085 01:00:15,100 --> 01:00:16,900 up here today. Considering I knew we were going 1086 01:00:16,900 --> 01:00:20,100 to be talking about Black Rock and he Does deer at BlackRock, I 1087 01:00:20,108 --> 01:00:23,500 hear you come to bargain. My price is 25 million per corn 1088 01:00:23,500 --> 01:00:25,600 and corn. Yeah, / corn. 1089 01:00:25,600 --> 01:00:29,300 And as always remember, today's price is not tomorrow's price 1090 01:00:29,500 --> 01:00:33,300 and you can see here BlackRock as his giant Kraken and we have 1091 01:00:33,300 --> 01:00:34,800 or octopus. I don't know what the difference 1092 01:00:34,800 --> 01:00:36,700 is. We got a hard layer here with 1093 01:00:36,700 --> 01:00:43,600 his keys in hand, his Bitcoin, in self, custody fighting, The 1094 01:00:44,300 --> 01:00:46,800 the Leviathan that is black rock but shots out the wine here. 1095 01:00:46,800 --> 01:00:48,700 My price is a medium sized Planet. 1096 01:00:48,700 --> 01:00:51,400 I agree, I agree. All right, this next one again, 1097 01:00:51,400 --> 01:00:54,100 on the same thread, a lot of these are Black Rock related on 1098 01:00:54,100 --> 01:00:56,500 the same side, we got James lavish and he goes, there are 1099 01:00:56,500 --> 01:01:00,400 whales and then there are Black Rock Wales and you can see here, 1100 01:01:00,400 --> 01:01:04,100 BlackRock as the Behemoth whale, and we have the OG whales 1101 01:01:04,100 --> 01:01:08,200 looking absolutely tiny in comparison again, guys. 1102 01:01:08,200 --> 01:01:12,000 I know big numbers are hard, but really try to wrap your mind 1103 01:01:12,000 --> 01:01:16,500 around How much 10 trillion dollars really is. 1104 01:01:16,800 --> 01:01:19,400 I really don't think you guys are bullish enough and also 1105 01:01:19,400 --> 01:01:21,600 probably not terrified enough. Okay. 1106 01:01:21,800 --> 01:01:26,700 This next one is by our boy, Pedro, AKA a tree tweet on 1107 01:01:26,700 --> 01:01:30,500 Twitter and this is the Spider-Man Meme and Lois Lane. 1108 01:01:30,500 --> 01:01:34,500 And I forget what Peter Parker. Because, tell me the truth, I'm 1109 01:01:34,700 --> 01:01:37,700 I'm ready to hear it. And Spider-Man goes a Bitcoin 1110 01:01:37,700 --> 01:01:42,800 ETF, would just be another shit coin, and she's crying again. 1111 01:01:43,000 --> 01:01:47,800 Next one, we asked yesterday the pole is not done but is a spot 1112 01:01:47,800 --> 01:01:53,300 ETF good for Bitcoin. 66 percent said, yes. 33.9% said no and 1113 01:01:53,300 --> 01:01:55,900 this is almost a typically relevant with a thousand votes. 1114 01:01:56,000 --> 01:01:59,800 Anyways, well love BTC on Twitter goes is this good for 1115 01:01:59,800 --> 01:02:03,100 Bitcoin and yes, everything is good for Bitcoin. 1116 01:02:03,100 --> 01:02:06,200 You guys already know. Okay, this next one is by a boy, 1117 01:02:06,200 --> 01:02:09,500 the BTC therapist and he goes, I'm never selling my Bitcoin, do 1118 01:02:09,500 --> 01:02:12,300 not sell your Bitcoin to Black Rock and this is the classic 1119 01:02:12,300 --> 01:02:14,700 corn. Farmer me mangas when Black Rock 1120 01:02:14,700 --> 01:02:18,400 CTF is approved the plebs. And you can see back here is a 1121 01:02:18,400 --> 01:02:20,900 giant green candle with the Bitcoin logo on it. 1122 01:02:20,900 --> 01:02:23,900 And it goes, it ain't much, but it's a million dollars. 1123 01:02:23,900 --> 01:02:27,000 This is the way. Okay again on the Black Rock 1124 01:02:27,000 --> 01:02:30,200 theme I really like this one. We got Francis pull it this 1125 01:02:30,200 --> 01:02:32,700 one's a little more meta theme meta Meme here for you guys 1126 01:02:32,700 --> 01:02:35,500 because Black Rock in 10 years. We really want your Bitcoins. 1127 01:02:35,500 --> 01:02:38,700 Will you take 2.5 million dollars a piece and Bitcoin 1128 01:02:38,700 --> 01:02:40,800 maximalist. And you can see these little 1129 01:02:40,800 --> 01:02:44,500 houses in between these Giants. Scrapers in Manhattan. 1130 01:02:44,500 --> 01:02:46,900 I'm guessing there. These are all ince's not just 1131 01:02:46,900 --> 01:02:49,300 only in Manhattan. I guess we got a house next to 1132 01:02:49,300 --> 01:02:51,200 these big corporations buildings. 1133 01:02:51,400 --> 01:02:55,800 We got this little house. Next to the sky risers and again 1134 01:02:55,800 --> 01:03:00,100 on the same theme they're going to come and ask you for a price 1135 01:03:00,100 --> 01:03:03,000 eventually you hard lers. Got a hold out. 1136 01:03:03,100 --> 01:03:05,800 I really like how hot it was. Putting it in our spaces. 1137 01:03:05,800 --> 01:03:08,500 Yesterday, there will be a Jato by out. 1138 01:03:08,500 --> 01:03:11,200 Well you make it past the Jato by out. 1139 01:03:11,300 --> 01:03:13,800 Anyways, this next team is by Mac Maxi's club and it goes for 1140 01:03:13,800 --> 01:03:18,800 28 Fudd, question, mark and we got the classic riding a bicycle 1141 01:03:18,800 --> 01:03:22,700 meme template. We got Maxis with the Fudd and 1142 01:03:22,700 --> 01:03:25,400 the Fudd. Instead of making the bike, go 1143 01:03:25,400 --> 01:03:29,100 over its head and do it in. Do it just eats the fun Bitcoin 1144 01:03:29,100 --> 01:03:30,700 Maxi eating the fighter right Nico. 1145 01:03:30,700 --> 01:03:39,600 This next one was a fan Edition so I'm pretty sure this one's 1146 01:03:39,600 --> 01:03:42,800 going to be good but it's going to make me go feel weird here. 1147 01:03:42,900 --> 01:03:44,700 Ago, this is by our friend Copernicus. 1148 01:03:45,000 --> 01:03:48,800 No, no, no, we can't do this. Can't do this. 1149 01:03:48,800 --> 01:03:51,100 Not acceptable. Okay. 1150 01:03:51,200 --> 01:03:54,200 Not acceptable, honest work. I try not acceptable. 1151 01:04:20,100 --> 01:04:23,300 Mine is this card by SATs obsess mentality? 1152 01:04:23,300 --> 01:04:27,500 You already know shots at the Bitcoin or BTC pens, but today's 1153 01:04:27,500 --> 01:04:33,100 card is a space cat, okay? All right, I'm going to give it 1154 01:04:33,100 --> 01:04:37,000 because it is the Friday show. I'm going to give it a bunch, 1155 01:04:37,200 --> 01:04:42,600 all right, may give it my own confiscate abby'll pass my 1156 01:04:42,600 --> 01:04:45,900 purse. Pacific, Bitcoin spotpass and my 1157 01:04:45,900 --> 01:04:49,400 Bitcoin 2023 pass. Those are this, that's my 1158 01:04:49,400 --> 01:04:50,900 scores. There's a my scores. 1159 01:04:50,900 --> 01:04:52,900 Those are my scores. Kaboom racks. 1160 01:04:53,600 --> 01:04:56,200 Anyways, Mick. What would you give those memes. 1161 01:04:58,500 --> 01:05:01,600 Pretty good in terms of what item. 1162 01:05:01,900 --> 01:05:04,100 I don't know how much with me unfortunately. 1163 01:05:05,900 --> 01:05:08,000 Anything. We could be anything like 1164 01:05:08,000 --> 01:05:13,200 anything. I've got a pen. 1165 01:05:14,000 --> 01:05:16,300 Oh, that is that is the best score? 1166 01:05:16,400 --> 01:05:19,100 Yes. That when we when the pain gets 1167 01:05:19,100 --> 01:05:22,700 pulled out guys, it's a red pen as well. 1168 01:05:22,700 --> 01:05:24,200 So it's like it's just a bad one. 1169 01:05:24,500 --> 01:05:28,300 It's a red, and the cross out BlackRock Meta, Meta score. 1170 01:05:29,500 --> 01:05:33,700 All right, all right, everybody again before we get to the meme 1171 01:05:33,700 --> 01:05:35,500 scores and maybe score in the chat. 1172 01:05:35,700 --> 01:05:37,800 In the chat drive him to do it, dick. 1173 01:05:37,800 --> 01:05:38,700 Boom racks. All right. 1174 01:05:39,300 --> 01:05:40,600 Anyways, I want to give a shout-out. 1175 01:05:41,200 --> 01:05:43,600 Can we go before we do the represent plug? 1176 01:05:44,000 --> 01:05:47,200 They said the last name that is a kaboom rack. 1177 01:05:47,200 --> 01:05:51,300 That is a kaboom that right. Anyways everybody I want to tell 1178 01:05:51,300 --> 01:05:54,400 you about our sponsor. Representative d.com Opti night 1179 01:05:54,400 --> 01:05:55,800 where the merch every single day. 1180 01:05:55,800 --> 01:05:58,600 I'm wearing the classic simply Bitcoin camo, hoodie, opt he's 1181 01:05:58,600 --> 01:06:02,000 wearing the represent, orange pill, merge and the classic dad 1182 01:06:02,000 --> 01:06:05,600 hat, you could scan the QR code on your screen, do it. 1183 01:06:05,700 --> 01:06:08,200 Now, and it will take you directly to the represent 1184 01:06:08,200 --> 01:06:12,900 LTD.com website on which you could buy the classic represent 1185 01:06:12,900 --> 01:06:16,800 Snapback simply Bitcoin hat. It's limited edition. 1186 01:06:16,900 --> 01:06:20,300 Get it while supplies last anyways, everybody let's jump 1187 01:06:20,300 --> 01:06:24,300 into the scores but before we do that cue, the epic music. 1188 01:06:29,600 --> 01:06:32,500 Elaine who Larry Fink changed my Bitcoin. 1189 01:06:32,500 --> 01:06:36,900 And becomes honest, he helps you helps and Wars stops the vision 1190 01:06:36,900 --> 01:06:39,300 among people. The Bitcoin World becomes 1191 01:06:39,300 --> 01:06:42,100 beautiful for all Elaine. I think it's too early to tell 1192 01:06:42,200 --> 01:06:48,900 but I'm very hopeful but but it's very optimistic, you txo. 1193 01:06:48,900 --> 01:06:53,800 I give the memes one Victorian show, host, I don't get it. 1194 01:06:54,000 --> 01:06:56,400 I don't get a top roller. Happy to see you brother. 1195 01:06:56,400 --> 01:06:58,800 Haven't seen you in a minute package of fruit. 1196 01:06:58,800 --> 01:07:02,000 Roll-ups. Okay, it's good unsolicited or I 1197 01:07:02,000 --> 01:07:08,200 give the memes a black heart. These filter is terrible today. 1198 01:07:10,500 --> 01:07:15,400 These tarantula inspired beard, long, thick thick Opti must say 1199 01:07:15,400 --> 01:07:17,600 black rock seven times. Super fast like rock, 1200 01:07:17,600 --> 01:07:20,200 background, black black, black black, black, black, black rock, 1201 01:07:20,200 --> 01:07:23,400 Black, Rock, No7, all right. That's good. 1202 01:07:23,400 --> 01:07:24,300 That's good. All right. 1203 01:07:24,300 --> 01:07:31,000 Next one. Roman More going up forever. 1204 01:07:31,000 --> 01:07:37,300 With Spartan soundboard. Whiticus. 1205 01:07:37,600 --> 01:07:39,300 Hey, hey, what are you doing here? 1206 01:07:39,700 --> 01:07:43,100 Launching my Satoshi. Billionaire fund on Geyser where 1207 01:07:43,100 --> 01:07:45,300 everyone in the world. Donates one site to make me. 1208 01:07:45,300 --> 01:07:54,200 The first crowdfunded, sat building Pandora, Boxx HQ Paul. 1209 01:07:54,200 --> 01:07:56,900 Krugman comment about internet. Yes very nice. 1210 01:07:56,900 --> 01:08:01,200 Very nice dude. I can't read that. 1211 01:08:02,200 --> 01:08:07,500 I know. I can't either as out to you, 1212 01:08:07,500 --> 01:08:09,200 bro. Shoutouts to shoutouts to you 1213 01:08:09,200 --> 01:08:11,400 dude. Score and ten years BlackRock. 1214 01:08:11,400 --> 01:08:15,500 Bitcoin in 2023 was our best investment oof. 1215 01:08:16,800 --> 01:08:19,200 We're out of time. All right everybody. 1216 01:08:19,200 --> 01:08:21,700 Thank you so much for tuning in to another episode of Simply 1217 01:08:21,700 --> 01:08:23,500 Bitcoin live. Really want to give a very 1218 01:08:23,500 --> 01:08:26,300 special shout-out to Metta Mick. Think from geyser. 1219 01:08:26,300 --> 01:08:28,000 Thank you so much for joining us today. 1220 01:08:28,000 --> 01:08:31,100 Make appreciate you, man. Appreciate what you're doing? 1221 01:08:31,100 --> 01:08:34,200 Keep it up. Like I've been saying, I think, 1222 01:08:34,200 --> 01:08:37,899 you think your Checked it plays an essential role in the 1223 01:08:37,899 --> 01:08:40,899 Bitcoin, ecosystem for Content creators, for other people that 1224 01:08:40,899 --> 01:08:43,800 are, you know, trying to Crown fund and very, very happy to 1225 01:08:43,800 --> 01:08:46,399 have you on the show today. Why don't you tell everybody? 1226 01:08:47,100 --> 01:08:49,600 You know, we have your we have your handle pulled up on screen 1227 01:08:49,600 --> 01:08:51,399 but for audio listeners. Why don't you tell everybody 1228 01:08:51,399 --> 01:08:52,899 where they could find you on the interwebs? 1229 01:08:54,399 --> 01:08:57,100 Absolutely. So we're active on Twitter at 1230 01:08:57,300 --> 01:09:01,600 geyser fund. Also on telegram. 1231 01:09:01,700 --> 01:09:04,600 Same thing, we have a telegram channel that was quite active 1232 01:09:05,100 --> 01:09:07,500 and then obviously on Geyser dot fund. 1233 01:09:08,300 --> 01:09:12,200 You can always go there fun, create a project and get get and 1234 01:09:12,200 --> 01:09:15,000 also contribute to them. But yeah, that said, thank you 1235 01:09:15,000 --> 01:09:16,600 so much. I think what you guys are doing 1236 01:09:16,600 --> 01:09:20,100 here is fantastic and pivotal and education. 1237 01:09:20,100 --> 01:09:23,200 What you guys are? They making fun is so important. 1238 01:09:23,300 --> 01:09:24,899 Than it was an absolute blast to be here. 1239 01:09:24,899 --> 01:09:27,399 So thank you, much Nico and optic more. 1240 01:09:27,399 --> 01:09:29,899 Appreciate you having you man. Thank you so much for joining 1241 01:09:29,899 --> 01:09:31,899 us, guys. Thank you so much for joining us 1242 01:09:31,899 --> 01:09:34,899 on simply Bitcoin live. I want to give a shout out, by 1243 01:09:34,899 --> 01:09:38,899 the way, to everybody who supported us on Fountain, we're 1244 01:09:38,899 --> 01:09:40,800 in the top 10. This is the first time in simply 1245 01:09:40,800 --> 01:09:42,899 Bitcoins history or a number nine. 1246 01:09:42,899 --> 01:09:44,300 Holy cow. Thank you. 1247 01:09:44,300 --> 01:09:46,500 All we would not be there without you. 1248 01:09:46,500 --> 01:09:49,399 So appreciate all the love. We're going to be making a 1249 01:09:49,399 --> 01:09:51,700 geyser page. Very, very soon. 1250 01:09:51,700 --> 01:09:54,700 We're going to be including that in Our video descriptions moving 1251 01:09:54,700 --> 01:09:59,000 forward, wine. I'm talking to you, whine, you 1252 01:09:59,000 --> 01:10:03,200 can find us on anchor Spotify, Apple Fountain and your favorite 1253 01:10:03,400 --> 01:10:05,300 podcasting platform of your choice. 1254 01:10:05,400 --> 01:10:08,900 Simply Bitcoin will be there and also shout-out to our Rumble 1255 01:10:08,900 --> 01:10:13,600 audience. We hit we hit 51 live viewers on 1256 01:10:13,600 --> 01:10:15,700 Rumble today. That's freaking awesome. 1257 01:10:15,700 --> 01:10:18,800 So you know you could find simply Bitcoin on hopefully in 1258 01:10:18,808 --> 01:10:21,100 your favorite platform. We are live streaming to Twitter 1259 01:10:21,100 --> 01:10:23,200 there as well. Anyways if you want to join the 1260 01:10:23,300 --> 01:10:25,800 After party, we're holding it down until 2 p.m. 1261 01:10:25,800 --> 01:10:29,800 Eastern Standard time with their friends, over at Swan Bitcoin 1262 01:10:29,900 --> 01:10:32,300 best place to build your Bitcoin stack. 1263 01:10:32,300 --> 01:10:34,200 Breaking news, Chrissy and Opti broke. 1264 01:10:34,200 --> 01:10:36,800 Again, broke up again, but they will be getting back together 1265 01:10:37,000 --> 01:10:39,000 very very soon. Yeah. 1266 01:10:39,000 --> 01:10:41,900 Hashtag leave my toaster alone opt he's just pulling up all the 1267 01:10:41,900 --> 01:10:45,600 stuff anyways guys enjoy your weekend have a great time. 1268 01:10:46,400 --> 01:10:49,200 Don't stop stacking SATs, Don't Stop Believing. 1269 01:10:49,300 --> 01:10:51,200 We're gonna win this thing just bunker down. 1270 01:10:51,500 --> 01:10:53,100 Anyways, love you all will see you guys later. 1271 01:10:53,300 --> 01:10:54,400 Peace out.