1 00:00:06,120 --> 00:00:08,920 It's all. Going to zero against Bitcoin. 2 00:00:09,720 --> 00:00:19,640 It's going up forever. You're against Bitcoin. 3 00:00:19,640 --> 00:00:25,160 You're against freedom, yo. Welcome to another episode of 4 00:00:25,160 --> 00:00:26,920 Simply Bitcoin Live. You're number one source for the 5 00:00:26,920 --> 00:00:29,040 peaceful Bitcoin revolution, breaking news culture of 6 00:00:29,040 --> 00:00:30,720 magnetic warfare. We will be your guide through 7 00:00:30,720 --> 00:00:32,400 the separation of money and state. 8 00:00:32,560 --> 00:00:35,440 Michael Saylor literally saying the quiet part out loud. 9 00:00:35,440 --> 00:00:41,920 He's saying basically that Bitcoin will 10X from here. 10 00:00:41,920 --> 00:00:47,200 Now, there's a couple of things that he said needed to happen in 11 00:00:47,200 --> 00:00:48,880 order for for that to be achieved. 12 00:00:48,880 --> 00:00:53,680 But the important part here is that he didn't just say this on 13 00:00:53,680 --> 00:00:57,440 a Twitter Spaces, right, with a bunch of anons like listening 14 00:00:57,440 --> 00:00:59,320 that listening in. No, no, no. 15 00:00:59,320 --> 00:01:05,880 He said this on the legacy corporate media and he said, you 16 00:01:05,880 --> 00:01:07,400 know, Bitcoin will 10X from here. 17 00:01:07,400 --> 00:01:10,040 If these three things happen, or a couple of these things happen 18 00:01:10,360 --> 00:01:15,400 10X from 35K, where we're where we are currently sitting is 19 00:01:15,400 --> 00:01:19,160 $350,000 Bitcoin. That's a really big statement. 20 00:01:19,640 --> 00:01:22,720 But at the same time, I think he has the ability to say that 21 00:01:22,720 --> 00:01:28,640 because obviously his strategy, using Bitcoin as an alternative 22 00:01:29,200 --> 00:01:32,400 to holding dollars on his balance sheet clearly has 23 00:01:32,400 --> 00:01:35,320 worked. But what are those three things 24 00:01:35,320 --> 00:01:38,880 that he said needed to happen, Happen There needed to be a 25 00:01:38,880 --> 00:01:42,600 change in the accounting rules, the FASBE accounting rules, 26 00:01:42,760 --> 00:01:44,200 Check that off the list. That happened. 27 00:01:44,200 --> 00:01:45,800 That was a big deal when that news broke. 28 00:01:46,520 --> 00:01:50,040 The other thing he said needed to happen was that large banks 29 00:01:50,520 --> 00:01:54,080 needed to have the ability to custody Bitcoin for their 30 00:01:54,080 --> 00:01:57,080 institutional clients. Check that off the list. 31 00:01:57,280 --> 00:02:00,640 Multiple banks in the United States and Europe are applying 32 00:02:00,840 --> 00:02:02,600 for licenses in order to do that. 33 00:02:03,000 --> 00:02:06,560 And then the third thing he said needed to happen, which was the 34 00:02:07,720 --> 00:02:10,840 the approval of a spot Bitcoin ETF. 35 00:02:11,240 --> 00:02:15,480 So most three things have happened on Twitter spaces, 36 00:02:15,480 --> 00:02:17,800 which he didn't say this on the legacy corporate media. 37 00:02:17,800 --> 00:02:21,520 He said if those three things happened, we'd be going to $5 38 00:02:21,520 --> 00:02:25,440 million per coin. He wasn't as bullish on the 39 00:02:25,440 --> 00:02:29,280 legacy corporate media, but he still said 10X, which is a huge, 40 00:02:29,280 --> 00:02:33,720 huge jump from where we are now. So anyways, I thought that was 41 00:02:33,720 --> 00:02:37,120 super noteworthy and I think that guys, we are in the 42 00:02:37,120 --> 00:02:41,080 beginning of the next bull cycle. 43 00:02:41,360 --> 00:02:44,920 We are in the first, you know, first innings of it. 44 00:02:45,280 --> 00:02:47,960 I think we all feel it. We had a little bit of a tease 45 00:02:47,960 --> 00:02:52,600 when the price of Bitcoin went from 27 K to 35. 46 00:02:52,600 --> 00:02:55,680 I think it touched 26 and now it's been kind of hovering 47 00:02:55,680 --> 00:02:58,760 around this area. That was a massive candle, 48 00:02:58,760 --> 00:02:59,640 right? What was that like? 49 00:02:59,640 --> 00:03:04,160 5-6 thousand dollars, $7000 in a day or two? 50 00:03:05,320 --> 00:03:07,320 All of Bitcoin? Twitter was losing their minds. 51 00:03:07,640 --> 00:03:12,000 If you've never experienced a full bull market cycle, that was 52 00:03:12,000 --> 00:03:17,560 a tease of what is to come, strap in, hold on, don't trade. 53 00:03:17,680 --> 00:03:20,080 Stay humble, Stack SAT. Stay solvent. 54 00:03:20,720 --> 00:03:23,760 Because we still have about, you know, a year and a half. 55 00:03:23,760 --> 00:03:27,760 Two years of this bull cycle left, and my intuition is 56 00:03:27,760 --> 00:03:30,000 telling me it's going to be a little bit crazy this year. 57 00:03:30,560 --> 00:03:33,880 There has never been a time in Bitcoin's history where the 58 00:03:33,880 --> 00:03:38,880 amount of Bitcoin on exchanges, it continues to go lower. 59 00:03:38,880 --> 00:03:40,520 And that wasn't the case last cycle. 60 00:03:40,520 --> 00:03:42,680 It it would it was trending up for a while. 61 00:03:42,920 --> 00:03:46,560 Now it's trending down, right? The hash rate continues to make 62 00:03:46,840 --> 00:03:49,240 all time highs. The hash rate represents the 63 00:03:49,760 --> 00:03:52,640 estimated amount of computational power actively 64 00:03:52,640 --> 00:03:55,680 mining the Bitcoin network, theoretically making it more 65 00:03:56,160 --> 00:03:59,440 secure, making it more difficult to attack, right? 66 00:03:59,440 --> 00:04:02,440 So theoretically, the higher the higher the value proposition in 67 00:04:02,440 --> 00:04:05,640 my opinion. So anyways, it looks like all 68 00:04:05,640 --> 00:04:08,960 the stars and planets are aligning, but I want to bring up 69 00:04:08,960 --> 00:04:12,720 Opti to talk to him about this because I think a lot of us are, 70 00:04:13,000 --> 00:04:16,600 you know, specifically the class of 20/17/2018. 71 00:04:16,600 --> 00:04:22,040 I think a lot of us have PTSD from the last cycle just because 72 00:04:22,360 --> 00:04:25,720 it was a bit of a tease bro. It was a bit of a tease. 73 00:04:25,720 --> 00:04:30,480 A lot of people had this expectation that Bitcoin was 74 00:04:30,480 --> 00:04:35,320 going to hit 100K and it fell way short of that. 75 00:04:35,840 --> 00:04:40,480 And I think American Huddle had this great thread over the the 76 00:04:40,480 --> 00:04:42,280 weekend. I was just about to mention it. 77 00:04:42,360 --> 00:04:45,400 Yeah, so he says. Bias is a mother effer. 78 00:04:45,760 --> 00:04:47,920 Last bull. We had two blind. 79 00:04:47,920 --> 00:04:50,520 We had two major blind spots. One. 80 00:04:50,560 --> 00:04:53,720 A hundred. A 100K guarantee, Two higher 81 00:04:53,720 --> 00:04:56,320 lows. In my opinion, the big blind 82 00:04:56,320 --> 00:04:59,920 spot this bull is quote diminishing returns. 83 00:05:00,640 --> 00:05:03,360 Many will sell far too much, far too soon. 84 00:05:03,640 --> 00:05:07,960 Imagine selling 100K only to watch it explode to 500 K 85 00:05:07,960 --> 00:05:10,640 shortly after. Pain right? 86 00:05:11,120 --> 00:05:13,600 And one thing. Wait, Literally attacking Nico. 87 00:05:13,760 --> 00:05:15,760 Love to see it. Shots on American auto. 88 00:05:15,760 --> 00:05:19,080 It's good, it's good, it's good because that was like the 89 00:05:19,080 --> 00:05:22,040 mainstream consensus. The mainstream consensus was 90 00:05:22,040 --> 00:05:24,680 100K guaranteed. And I think a lot of people were 91 00:05:24,680 --> 00:05:28,680 let down because of that. And now I think a lot of people 92 00:05:28,680 --> 00:05:32,880 have PTSDA, lot of people got like, you know, disillusioned so 93 00:05:32,880 --> 00:05:34,840 to speak. And I think people are 94 00:05:34,840 --> 00:05:37,240 expecting, you know, diminishing returns. 95 00:05:37,240 --> 00:05:38,920 That's what I've said. And I think that there is going 96 00:05:38,920 --> 00:05:41,080 to be some type of diminishing returns. 97 00:05:41,080 --> 00:05:46,720 But I also think that if the mainstream consensus is, you 98 00:05:46,720 --> 00:05:51,520 know, we're only going to reach 100 KA, 120KA130K Bitcoin, you 99 00:05:51,520 --> 00:05:56,240 know, Bitcoin tends to do the thing that everyone least 100 00:05:56,240 --> 00:05:58,560 expects, you know. So I would be pleasantly 101 00:05:58,560 --> 00:06:02,560 surprised. All I know is that I'm didn't 102 00:06:02,560 --> 00:06:05,880 read, never selling, don't care, just gonna just gonna keep 103 00:06:05,880 --> 00:06:09,840 stacking. So, you know, my feelings might 104 00:06:09,840 --> 00:06:12,760 feel a certain way, I might might might feel a certain way, 105 00:06:12,760 --> 00:06:16,080 but my actions are just huddle stack sats. 106 00:06:16,400 --> 00:06:18,520 You know, needs to keep building up that stack. 107 00:06:18,520 --> 00:06:20,200 That's it. Yeah, 100%. 108 00:06:20,240 --> 00:06:22,800 Obviously that is what we talk about here all the time on the 109 00:06:22,800 --> 00:06:24,680 show. And I also concur with American 110 00:06:24,680 --> 00:06:27,080 Huddle I I'm definitely seeing that same thing. 111 00:06:27,440 --> 00:06:32,000 And as much as we might believe in the wisdom of crowds. 112 00:06:32,280 --> 00:06:35,320 We know that Bitcoin does most pain. 113 00:06:35,400 --> 00:06:38,560 It's always Max Payne in Bitcoin and if everyone thinks 114 00:06:38,560 --> 00:06:41,440 diminishing returns and we're probably not going to see 115 00:06:41,440 --> 00:06:43,360 diminishing returns this cycle, I don't know. 116 00:06:43,360 --> 00:06:48,840 I I keep saying that we are maybe, but not really entering a 117 00:06:48,840 --> 00:06:51,800 super cycle type scenario. God, we're bringing back the 118 00:06:51,840 --> 00:06:53,240 Super. I gots too. 119 00:06:53,240 --> 00:06:55,680 I gots too. But no, I I really don't think 120 00:06:55,680 --> 00:06:56,880 it's super cycle. I just. 121 00:06:56,960 --> 00:06:59,640 I just. I see a perfect storm headed 122 00:06:59,640 --> 00:07:03,160 towards us and it's really about institutional adoption as 123 00:07:03,160 --> 00:07:06,520 Bitcoin does break that six figure number. 124 00:07:06,920 --> 00:07:09,840 The amount of FOMO we're going to see from retail, the amount 125 00:07:09,840 --> 00:07:12,760 of attention we're going to see from the corporate press, it's 126 00:07:12,760 --> 00:07:17,600 just like look what we did in 2017 when we got into it. 127 00:07:18,280 --> 00:07:22,840 And it wasn't nearly as big or as mature as it is now. 128 00:07:22,840 --> 00:07:27,200 So I don't know, I I'm just feeling that maybe we are wrong 129 00:07:27,200 --> 00:07:30,600 and we're all being conservative just because we all do have PTSD 130 00:07:30,600 --> 00:07:33,680 from calling ridiculous prices last cycle. 131 00:07:34,280 --> 00:07:37,440 And on the flip side, I feel like I'm taking crazy pills here 132 00:07:37,440 --> 00:07:41,680 because I remember like a 10% shift in one day wasn't God 133 00:07:41,680 --> 00:07:43,320 candles. And here we're calling it God 134 00:07:43,320 --> 00:07:46,760 candles just because we've had two years of getting absolutely 135 00:07:46,760 --> 00:07:49,400 kicked in the teeth. So I think it's going to be a 136 00:07:49,400 --> 00:07:52,720 great, great 2024 going to 2025. It's all I'm saying. 137 00:07:52,720 --> 00:07:54,640 It's all I'm saying. I think we have a little bit. 138 00:07:54,760 --> 00:07:58,160 I think, I think I, you know, I think we, we do have a little 139 00:07:58,160 --> 00:08:01,080 bit of PTSDI think that is undeniable. 140 00:08:01,640 --> 00:08:05,320 I think a lot of people had higher expectations for, you 141 00:08:05,320 --> 00:08:09,800 know, for the next cycle, but clearly that wasn't the case. 142 00:08:10,800 --> 00:08:12,440 But it doesn't matter. It doesn't matter. 143 00:08:12,440 --> 00:08:14,000 It doesn't matter. Stay humble. 144 00:08:14,000 --> 00:08:16,000 Stay solvent. Oh, Ruston's in the chaff. 145 00:08:16,000 --> 00:08:17,680 There was a setup for a super cycle. 146 00:08:17,680 --> 00:08:18,480 This is it. Oh. 147 00:08:18,800 --> 00:08:21,920 Ruston gets it. Ruston's ultra bullish by the 148 00:08:21,920 --> 00:08:23,800 way. Shout out to Ruston dropping Hot 149 00:08:23,800 --> 00:08:26,560 fire over the weekend. Wait oh wait wait, shouts out to 150 00:08:26,560 --> 00:08:28,800 everyone. We made it the 21 K on YouTube 151 00:08:30,600 --> 00:08:32,520 Wait, wait, wait, yeah, that means we're giving, we're, 152 00:08:32,559 --> 00:08:35,520 we're, we're doing giveaways. Yeah I'll, I'll, I'll handle it 153 00:08:35,520 --> 00:08:37,919 during the culture where the culture is for you guys today. 154 00:08:37,919 --> 00:08:39,760 OK, we're we are doing a giveaway. 155 00:08:39,760 --> 00:08:41,360 So we're. Doing a giveaway live for the 156 00:08:41,799 --> 00:08:45,760 yeah yeah yeah but I also I have to kind of add some context to 157 00:08:46,000 --> 00:08:48,440 the rest of the giveaways. We're doing 1 giveaway today. 158 00:08:48,440 --> 00:08:52,280 And then and then I'll. I'll tell you guys the rest, OK? 159 00:08:52,280 --> 00:08:54,120 OK, Awesome. I'm so excited. 160 00:08:54,120 --> 00:08:55,760 It's going to be a great show. Guys. 161 00:08:56,040 --> 00:08:57,680 Buckle up. Let's get it. 162 00:08:57,680 --> 00:08:59,360 Let's get it rolling. Let's do it. 163 00:08:59,360 --> 00:09:04,440 Everybody, let's Let's get it. Let's get to the numbers, the 164 00:09:04,440 --> 00:09:07,880 Bitcoin numbers. Is your Bitcoin and cold storage 165 00:09:07,880 --> 00:09:10,880 really secure? Is your seed phrase really 166 00:09:10,880 --> 00:09:12,440 secure? Stamp seeds? 167 00:09:12,440 --> 00:09:15,120 Do it yourself. 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You could use promo code simply 189 00:10:19,560 --> 00:10:24,040 to get yourself a 15% discount. At the time of recording, the 190 00:10:24,040 --> 00:10:36,120 Bitcoin price is 34,960 SATS per dollar 2860 block height 815,594 191 00:10:36,400 --> 00:10:43,960 blocks to having 24,406 having estimate April 20th, 2024. 192 00:10:44,440 --> 00:10:51,000 Total Lightning Network capacity 5317 Bitcoin capacity value 193 00:10:51,320 --> 00:10:56,400 185,000,000 U.S. dollars. Realized monetary inflation 194 00:10:56,600 --> 00:11:02,080 1.74% Continuing to take Fiat currencies to absolute school. 195 00:11:02,280 --> 00:11:07,240 The market capitalization of Bitcoin $683 billion. 196 00:11:07,240 --> 00:11:13,480 That's a billion with AB Bitcoin versus gold market cap 5.16%. 197 00:11:14,120 --> 00:11:17,520 All right, ladies and gentlemen, this is the Chad Sailor on 198 00:11:17,520 --> 00:11:21,440 legacy corporate me on Squawk on it's Squawk box. 199 00:11:21,440 --> 00:11:26,000 I think it's the name of the show on CNNBC and he had some 200 00:11:26,000 --> 00:11:28,080 things to say which I find interesting. 201 00:11:28,080 --> 00:11:29,840 Let's check it out. For the industry to move to the 202 00:11:29,840 --> 00:11:34,240 next, we need to migrate to adult supervision. 203 00:11:34,240 --> 00:11:37,360 We're going to need big banks to become the crypto custodians. 204 00:11:37,360 --> 00:11:41,040 We're going to need Wall Street to take a role and we need to 205 00:11:41,040 --> 00:11:46,760 rationalize away from the 100,000 crypto tokens, you know 206 00:11:46,760 --> 00:11:51,080 yo-yo coins that people are manipulating to Bitcoin. 207 00:11:51,280 --> 00:11:54,680 Bitcoin is a is an asset without an issuer. 208 00:11:54,680 --> 00:11:58,360 It is the one universally recognized protocol that's a 209 00:11:58,360 --> 00:12:02,680 commodity in the space. So when banks on Wall Street and 210 00:12:02,680 --> 00:12:06,400 responsible custodians are managing Bitcoin and the 211 00:12:06,400 --> 00:12:10,200 industry takes its eyes away from all of the shiny little 212 00:12:10,200 --> 00:12:14,040 tokens that have distracted and and demolished shareholder 213 00:12:14,040 --> 00:12:17,640 value, I think the industry moves to the next level and we 214 00:12:17,640 --> 00:12:22,800 10X from here for the industry. I mean, that's a huge statement. 215 00:12:22,800 --> 00:12:26,800 It's obviously a lot more reserved than what he was saying 216 00:12:26,800 --> 00:12:29,480 on Twitter Spaces. But there is a couple of things 217 00:12:29,480 --> 00:12:31,800 that he said needed to happen. And we're gonna go through all 218 00:12:31,800 --> 00:12:34,720 of those things because when he said that on Twitter spaces, 219 00:12:34,720 --> 00:12:37,640 when he's saying this on on, you know, on TV. 220 00:12:37,960 --> 00:12:40,640 And I'm sure that this is a very unpopular opinion with a lot of 221 00:12:40,640 --> 00:12:43,080 bitcoiners, right, Because he's saying, look, the grown-ups need 222 00:12:43,080 --> 00:12:45,600 to get in the room, You know, Wall Street needs to get 223 00:12:45,600 --> 00:12:47,160 involved. The big banks need to get 224 00:12:47,160 --> 00:12:49,480 involved. And here's the thing, guys. 225 00:12:51,320 --> 00:12:56,200 I come from the opinion as a hardcore bitcoiner myself that 226 00:12:56,200 --> 00:13:00,760 yeah, like, you know, Bitcoin is the money event of enemies. 227 00:13:00,760 --> 00:13:03,640 Wall Street is going to be attracted to Bitcoin's 228 00:13:03,640 --> 00:13:05,240 incentives. Big banks are going to be 229 00:13:05,240 --> 00:13:07,680 attracted to Bitcoin's incentives. 230 00:13:07,920 --> 00:13:10,120 BlackRock is going to be attracted to Bitcoin's 231 00:13:10,120 --> 00:13:12,360 incentives. But there's a very famous saying 232 00:13:12,360 --> 00:13:14,280 that Max Keiser is known for, right? 233 00:13:14,440 --> 00:13:17,480 Which is you don't change Bitcoin, Bitcoin changes you, 234 00:13:18,000 --> 00:13:20,360 right? And I think that that, I think 235 00:13:20,360 --> 00:13:23,240 that applies to everything and everyone, right? 236 00:13:24,320 --> 00:13:29,120 I, I, I just don't think that only applies to individuals. 237 00:13:29,120 --> 00:13:32,720 But I think Sailor is right. If you do have that much 238 00:13:32,800 --> 00:13:37,360 interest from these massive players you know that are worth 239 00:13:37,360 --> 00:13:39,960 trillions of trillions, trillions of dollars, it 240 00:13:39,960 --> 00:13:42,840 perfectly makes sense why Bitcoin with 10X from there, 241 00:13:43,000 --> 00:13:45,280 right? Makes perfect sense. 242 00:13:45,640 --> 00:13:50,440 Anyways, so where are, what are the what are the The couple of 243 00:13:50,440 --> 00:13:53,280 things that Sailor said needed to happen. 244 00:13:53,280 --> 00:13:57,680 First was the change in the FASB accounting roles. 245 00:13:59,760 --> 00:14:05,920 And that was a big deal because essentially a company could only 246 00:14:05,920 --> 00:14:11,520 report if it had gains to the upside. 247 00:14:11,960 --> 00:14:15,840 But it couldn't report that it had gains to the downside. 248 00:14:16,520 --> 00:14:20,040 And that was a huge that made it a big headache for anyone 249 00:14:20,040 --> 00:14:22,760 holding Bitcoin, especially if you're a public company. 250 00:14:22,960 --> 00:14:25,080 That changed. That was September 6th. 251 00:14:25,080 --> 00:14:27,960 That was a huge deal when that happened, and we reported it 252 00:14:27,960 --> 00:14:29,880 when it happened. The other thing that he 253 00:14:29,880 --> 00:14:35,320 mentioned, which was big banks needed to have the ability to 254 00:14:35,320 --> 00:14:38,920 custody Bitcoin for their clients. 255 00:14:38,960 --> 00:14:41,080 This has happened as well. You could check that off. 256 00:14:41,080 --> 00:14:44,640 The list here is just the latest example. 257 00:14:44,640 --> 00:14:48,320 This article dropped five hours ago, third largest German bank 258 00:14:48,320 --> 00:14:52,320 to start crypto custody for institutional investors, right. 259 00:14:52,320 --> 00:14:54,960 So it's banks all over the world, in Europe and the United 260 00:14:54,960 --> 00:14:57,360 States. We've covered many, many press 261 00:14:57,360 --> 00:15:00,360 releases and many pieces of news that, you know, have reported 262 00:15:00,360 --> 00:15:03,120 just that. And then the other big thing 263 00:15:03,120 --> 00:15:06,800 that I think everyone is waiting for is the Black Rock Bitcoin 264 00:15:06,800 --> 00:15:09,080 ETF. You can make the case that 265 00:15:09,080 --> 00:15:14,880 that's the reason that Bitcoin pumped from 28K to 35K under the 266 00:15:14,880 --> 00:15:19,600 expectation that that was going to get approved very, very soon 267 00:15:19,600 --> 00:15:23,080 and very, very quickly, right. So those are the three major 268 00:15:23,080 --> 00:15:25,760 things. And look, talk is cheap. 269 00:15:25,760 --> 00:15:29,320 You could say that what sailors saying is just, you know, it's 270 00:15:29,400 --> 00:15:34,680 it's just a bunch of nonsense. But he is covering his talk with 271 00:15:34,680 --> 00:15:38,280 his actions. Here is November 2nd, so about 272 00:15:38,280 --> 00:15:42,760 3-4 days ago. MicroStrategy buys an additional 273 00:15:42,760 --> 00:15:48,400 155 more Bitcoin in October. So he's putting his money where 274 00:15:48,400 --> 00:15:50,440 his mouth is. Like he's not just talking the 275 00:15:50,440 --> 00:15:55,800 talk, he's walking the walk. And you know, I'm, I'm extremely 276 00:15:55,800 --> 00:16:01,640 bullish for the next cycle because unlike 2018, unlike 2019 277 00:16:02,000 --> 00:16:04,280 where that was the big narrative, the institutions are 278 00:16:04,280 --> 00:16:06,720 coming. That was how we coped with the 279 00:16:06,720 --> 00:16:13,680 price falling from 20K to 35 to 3.5 K Clearly the institutions 280 00:16:13,680 --> 00:16:16,240 are here and I think they're here to stay. 281 00:16:16,280 --> 00:16:20,440 And I think you see that with BlackRock, you see that with 282 00:16:21,680 --> 00:16:25,240 Fidelity, you see that with Franklin Templeton, you see that 283 00:16:25,240 --> 00:16:28,280 with these large institutional banks saying, hey, we want to 284 00:16:28,280 --> 00:16:33,000 custody Bitcoin, like all the signs are there, all the signs 285 00:16:33,000 --> 00:16:35,600 are there. It's it's incredibly obvious. 286 00:16:35,600 --> 00:16:40,440 BlackRock is one of the largest shareholders of all these 287 00:16:40,440 --> 00:16:43,560 publicly traded Bitcoin mining companies, right. 288 00:16:43,600 --> 00:16:46,360 You see it, it's, it's, it's written on the wall. 289 00:16:46,560 --> 00:16:50,280 Not to mention on the nation state level you have Naimbu Kele 290 00:16:50,960 --> 00:16:54,000 Yeah I am. I completely agree with Sailor. 291 00:16:54,000 --> 00:16:56,080 I think that it's an easy 10X from here. 292 00:16:56,080 --> 00:17:00,560 I'm I'm going on the record saying that Opti cuz yeah man, 293 00:17:00,600 --> 00:17:04,000 it's it's just it's it's incredibly obvious dude to be 294 00:17:04,000 --> 00:17:05,800 honest. Well, what's what's the saying? 295 00:17:07,119 --> 00:17:11,480 You can either predict. How high the price goes or or 296 00:17:11,480 --> 00:17:13,760 when the price goes up? I I forget what the what the 297 00:17:13,760 --> 00:17:17,720 meme is, but so I say that to say Nico, at what time frame is 298 00:17:17,720 --> 00:17:18,760 this 10X for you? I don't know. 299 00:17:18,760 --> 00:17:21,079 I don't know. I can't say that. 300 00:17:21,440 --> 00:17:23,119 See. Literally the meme in real time. 301 00:17:23,119 --> 00:17:24,319 I'll. I'll tell you it's going up. 302 00:17:24,319 --> 00:17:26,599 I just can't tell you what. I know it's going up. 303 00:17:26,599 --> 00:17:28,240 I just don't know. I just don't know. 304 00:17:28,440 --> 00:17:31,240 Look I I like I said that I that's why I read you that 305 00:17:31,240 --> 00:17:33,160 American huddle tweet in the very beginning. 306 00:17:33,160 --> 00:17:35,280 I'm a bit jaded from the last bull market. 307 00:17:35,800 --> 00:17:39,560 I don't know. You know, if it does, like you 308 00:17:39,560 --> 00:17:40,920 know, American huddle said it best. 309 00:17:40,920 --> 00:17:44,640 People are expecting 130 K Bitcoin and then this bad boy 310 00:17:44,640 --> 00:17:48,320 rips the 500 K Bitcoin like no one fucking knows. 311 00:17:48,800 --> 00:17:52,240 I mean what 10X from 35 K? What's that like 350K? 312 00:17:53,000 --> 00:17:55,640 Yeah. OK, you know, I don't know what 313 00:17:55,640 --> 00:17:58,560 sailor's time frame is either, but if he's saying 10X in this 314 00:17:58,560 --> 00:18:01,400 bull run, let's go, OK? Giga. 315 00:18:01,480 --> 00:18:03,000 Chad Saylor. I don't know. 316 00:18:03,000 --> 00:18:04,360 I don't know what his time frame is. 317 00:18:04,360 --> 00:18:06,480 I don't think anyone could be. Wait, wait. 318 00:18:06,480 --> 00:18:07,160 Hold on. Hold on. 319 00:18:08,480 --> 00:18:10,840 Opti's wisdom for the crowd. My super cycle. 320 00:18:10,840 --> 00:18:11,720 Let's fucking go. Go. 321 00:18:11,720 --> 00:18:14,920 So in the space of 5 minutes, Nico went from No Super Cycle 2. 322 00:18:15,160 --> 00:18:19,080 It's a super cycle. Hold on, Hold on, hold on, hold 323 00:18:19,080 --> 00:18:22,800 on is a 10 XA super cycle. I wouldn't consider it. 324 00:18:22,840 --> 00:18:26,080 A super cycle, I don't think. I think super cycle is the idea 325 00:18:26,080 --> 00:18:27,560 that it's never going to come down. 326 00:18:27,560 --> 00:18:31,200 There won't ever be dips again. Yeah, like I I don't think a 10X 327 00:18:31,200 --> 00:18:34,880 is a super cycle. People forget like 2017. 328 00:18:34,880 --> 00:18:36,760 That was like a that was more than A20I. 329 00:18:36,760 --> 00:18:40,640 Think that was a 20X? Yeah, from 1K to 20, you know 330 00:18:40,640 --> 00:18:43,800 that was in 2017. But from the bottom to the top, 331 00:18:43,800 --> 00:18:47,480 like it was like a 40X. It was nuts, right? 332 00:18:47,720 --> 00:18:51,320 Fact Check us No, no, no dude. It went from like it went from 333 00:18:51,320 --> 00:18:55,680 like 3, four, $500 to 20 K That's way more than. 334 00:18:55,680 --> 00:18:56,560 Oh, yeah. OK, OK. 335 00:18:56,560 --> 00:18:58,920 I see what you're saying. Yeah, it's way more than 20X. 336 00:18:58,920 --> 00:19:01,240 And then the last cycle, I think it was like a like. 337 00:19:01,240 --> 00:19:05,440 It went from literally nothing to $1000. 338 00:19:05,480 --> 00:19:07,480 Yeah, yeah. And then the last cycle, I think 339 00:19:07,480 --> 00:19:09,960 the last cycle was a bit of a let down 'cause I think a lot of 340 00:19:09,960 --> 00:19:13,080 people were expecting more, but there's a couple of things that 341 00:19:13,080 --> 00:19:15,960 played into that. The first thing was the China 342 00:19:15,960 --> 00:19:19,880 ban that happened, which a lot of people don't talk about and 343 00:19:20,120 --> 00:19:21,680 it's OK to be directionally correct. 344 00:19:21,680 --> 00:19:26,320 That's funny. Thanks, Bart, But no, no, no. 345 00:19:26,320 --> 00:19:27,600 So there's a couple things that happened. 346 00:19:27,600 --> 00:19:31,960 So first it was the China ban, in my opinion, played a huge 347 00:19:31,960 --> 00:19:36,280 role and why we then hit 100K, it like took the momentum out of 348 00:19:36,280 --> 00:19:38,400 it. And then the other thing that 349 00:19:38,400 --> 00:19:43,000 happened was, I can't stay serious if you're just laughing. 350 00:19:43,400 --> 00:19:45,120 And then there's a great comment here. 351 00:19:45,120 --> 00:19:46,600 What is this? Simply bears? 352 00:19:47,920 --> 00:19:51,440 OK, And then the other thing that happened was it was the 353 00:19:51,440 --> 00:19:54,560 China ban. And then it was all like the FTX 354 00:19:54,560 --> 00:19:56,840 selling paper Bitcoin. And all, yeah, I think that's 355 00:19:56,840 --> 00:19:58,600 the biggest thing. People forget just how much 356 00:19:58,600 --> 00:20:00,960 paper Bitcoin there really was in the market and we didn't 357 00:20:00,960 --> 00:20:05,280 realize it until what like four years later or something like 358 00:20:05,280 --> 00:20:09,160 that. So maybe the 2017 pump was was 359 00:20:09,160 --> 00:20:12,080 kind of lifted with paper Bitcoin, but it it took the bear 360 00:20:12,080 --> 00:20:14,480 market to. To clear it out Anyways, 361 00:20:14,480 --> 00:20:17,480 anyways, let me let me get back into this this this video here 362 00:20:17,480 --> 00:20:21,280 real quick before Nico Nico rants about something else about 363 00:20:21,280 --> 00:20:22,960 him being bearish on a super cycle. 364 00:20:24,680 --> 00:20:27,320 Nico's bearish. Nico's bearish hashtag. 365 00:20:27,320 --> 00:20:30,160 Nico's bearish. I I hope to be proven wrong. 366 00:20:30,400 --> 00:20:33,840 I'm taking the Vikingo stance where he's like, bro, this isn't 367 00:20:33,840 --> 00:20:36,760 going anywhere. Like we're just gonna we're 368 00:20:36,760 --> 00:20:40,360 gonna hit 100K and that's it. I wanna be proven wrong. 369 00:20:40,640 --> 00:20:43,440 Either ways, it doesn't matter to me because I don't trade. 370 00:20:43,440 --> 00:20:45,720 I just stay humble, stack sats, perfect. 371 00:20:45,720 --> 00:20:47,600 But I have. I have low expectations. 372 00:20:47,600 --> 00:20:49,400 I'm not gonna lie, I have low expectations. 373 00:20:49,400 --> 00:20:50,680 Love it. OK, all right. 374 00:20:51,320 --> 00:20:54,240 You know, I think I'm going to say what every bitcoiner is 375 00:20:54,240 --> 00:20:57,320 probably thinking when they hear this clip by Sailor. 376 00:20:58,440 --> 00:21:01,720 I don't know exactly how I feel about that opening statement of 377 00:21:01,720 --> 00:21:04,560 we need the adults, you know, the banks in the space to 378 00:21:04,560 --> 00:21:07,560 custody, Bitcoin. Maybe this is just my knee jerk. 379 00:21:07,560 --> 00:21:09,680 I know, I know. Maybe this is just my knee jerk 380 00:21:09,680 --> 00:21:12,160 reaction. But you know, from my vantage 381 00:21:12,160 --> 00:21:14,240 point, it's the banks are the reason why we're in this 382 00:21:14,240 --> 00:21:17,360 position in the 1st place. So the big short quote kind of 383 00:21:17,360 --> 00:21:19,600 comes into mind at the very end of that movie. 384 00:21:19,640 --> 00:21:22,160 I'm sure everyone's watched a big short multiple Times Now. 385 00:21:22,160 --> 00:21:27,160 By now you know the the the what's the what's the saying 386 00:21:27,160 --> 00:21:30,400 like the the Roosters come home to crow or roost or whatever. 387 00:21:30,400 --> 00:21:33,120 You know at the very end when the when the final shoe drops. 388 00:21:34,280 --> 00:21:38,360 Adam Carell, I think his name is like the main guy in the head of 389 00:21:38,360 --> 00:21:40,880 the fun. He's on the phone with his buddy 390 00:21:40,880 --> 00:21:43,840 and he's like I think it's now, now the time to sell like this 391 00:21:43,840 --> 00:21:48,200 is we got we got a fiduciary responsibility and he basically 392 00:21:48,200 --> 00:21:50,080 said at the very end of the movie and this of course is a 393 00:21:50,080 --> 00:21:53,640 2008 financial collapse and he's like there are no adults in the 394 00:21:53,640 --> 00:21:57,280 room like the the this is what we've seen in the last, you 395 00:21:57,280 --> 00:21:58,720 know, since the financial collapse. 396 00:21:58,720 --> 00:22:01,840 Like there is no adults in the room, there is no sober 397 00:22:01,840 --> 00:22:04,720 fiduciary responsibility. They are gambling with their 398 00:22:04,720 --> 00:22:10,920 money and but I do agree with the sentiment of separating the 399 00:22:10,920 --> 00:22:15,160 yo-yo coins from Bitcoin and that will squeeze the price up. 400 00:22:15,560 --> 00:22:17,600 You know, incredible. And once people understand the 401 00:22:17,600 --> 00:22:21,160 difference between Bitcoin and shit coins like that, Bitcoin is 402 00:22:21,160 --> 00:22:24,080 a different beast. That bull run, that when that 403 00:22:24,080 --> 00:22:26,720 cycle and that understanding finally does kick in like that 404 00:22:26,720 --> 00:22:29,320 bull run is going to be absolutely insane. 405 00:22:29,640 --> 00:22:32,920 But I think this does really give credence to what we've been 406 00:22:32,920 --> 00:22:35,880 saying on the show and what I've been saying recently ever since 407 00:22:35,880 --> 00:22:38,480 we've we've, you know, all of our cynical friends out there, 408 00:22:38,480 --> 00:22:40,280 like, uh, we're embracing BlackRock now. 409 00:22:40,280 --> 00:22:42,920 It's like guys, this is Bitcoin maturing in real time. 410 00:22:42,920 --> 00:22:46,040 I'm gonna stick to what I I'm gonna stick to what I said, bro. 411 00:22:46,040 --> 00:22:48,440 I think. That you don't change Bitcoin. 412 00:22:48,440 --> 00:22:50,520 Bitcoin changes you. Yeah, 100%. 413 00:22:50,640 --> 00:22:52,200 I I'm going to, and that's what I was going to say. 414 00:22:52,200 --> 00:22:53,480 And I was going to double down on that. 415 00:22:53,720 --> 00:22:56,000 I was going to double down on that because like if Bitcoin 416 00:22:56,000 --> 00:22:58,000 can't withstand the institutional adoption, then 417 00:22:58,000 --> 00:23:01,600 like, what are we doing here? Because we we knew that this 418 00:23:01,600 --> 00:23:04,280 moment was inevitable. And it really reminds me of how 419 00:23:04,280 --> 00:23:06,680 Finney shouts out to the GOAT, how Finney, he did that one 420 00:23:06,680 --> 00:23:08,920 post. I think it was like 20, like 421 00:23:09,320 --> 00:23:11,880 right when Bitcoin got released. It's on Bitcoin talk forum. 422 00:23:11,920 --> 00:23:15,160 You guys could Fact Check me on the date, but he basically said 423 00:23:15,160 --> 00:23:17,960 that some banks will be fully reserved and others won't and 424 00:23:17,960 --> 00:23:21,120 the market will learn The less the necessary lessons you know 425 00:23:21,120 --> 00:23:24,040 in real time they'll understand what it means to, you know, 426 00:23:24,360 --> 00:23:29,760 fully hold Bitcoin or rather letting someone else hold your 427 00:23:29,760 --> 00:23:31,880 Bitcoin. So the market will learn these 428 00:23:31,880 --> 00:23:38,200 lessons and eventually it will all go back to people fully 429 00:23:38,360 --> 00:23:40,280 holding and custodying their own Bitcoin. 430 00:23:40,280 --> 00:23:43,280 Hence why we tell you guys upfront from the very beginning, 431 00:23:43,280 --> 00:23:47,840 from the very get go custodying Bitcoin is the most important 432 00:23:47,840 --> 00:23:52,560 thing to be doing. And you know I believe that a 433 00:23:52,560 --> 00:23:56,080 fractional reserve money and banks are the reason why we're 434 00:23:56,080 --> 00:23:58,080 in this place in the first 1st place. 435 00:23:58,080 --> 00:24:02,400 So hence why I embrace every single one of you guys custom 436 00:24:02,400 --> 00:24:04,000 your Bitcoin. Make sure you are holding the 437 00:24:04,000 --> 00:24:06,080 private keys, not your keys, not your Bitcoin. 438 00:24:06,080 --> 00:24:07,640 Stay humble, stacks at stay solvent. 439 00:24:07,760 --> 00:24:08,880 Who knows where the price is going. 440 00:24:08,880 --> 00:24:10,480 All we know it's going up forever, Laura. 441 00:24:10,480 --> 00:24:12,440 Let us know. Let us know in the comment. 442 00:24:12,440 --> 00:24:14,080 Actually, Opti, let's release a poll. 443 00:24:14,080 --> 00:24:17,200 Let's release a poll. Let's make this interactive. 444 00:24:17,200 --> 00:24:22,920 Let's the poll is do you believe that Bitcoin will reach 350K? 445 00:24:23,080 --> 00:24:26,200 We're speculating 2025 Bull cycle. 446 00:24:26,200 --> 00:24:30,280 Yeah, fuck it. I'm not saying anything. 447 00:24:30,800 --> 00:24:33,560 You're not saying anything. I just, I wanna ask the crowd. 448 00:24:33,560 --> 00:24:36,920 You guys know that I'm a bit bull a bearish here, but I like 449 00:24:36,920 --> 00:24:38,520 American, Huddle pointed out. Right. 450 00:24:38,520 --> 00:24:42,520 That's the blind spot. But let's ask the audience. 451 00:24:42,520 --> 00:24:44,600 Let's ask the audience to see what that's live. 452 00:24:45,200 --> 00:24:49,320 Okay, we're dropping the pole. We'll touch on it. 453 00:24:49,520 --> 00:24:51,040 We'll touch it during the meme review. 454 00:24:51,040 --> 00:24:53,960 They're in the meme review or they're in the culture. 455 00:24:54,120 --> 00:24:55,960 We'll see what the culture might be a little. 456 00:24:56,880 --> 00:25:01,000 But yeah, I mean, I don't know. I don't know. 457 00:25:01,000 --> 00:25:03,920 I honestly don't know. I have 0 expectations for this. 458 00:25:04,120 --> 00:25:07,520 I had a lot of expectations for 100K, Bitcoin 2020, Two. 459 00:25:07,520 --> 00:25:11,520 We're such jaded bitcoiners now. We're like the old guys in the 460 00:25:11,520 --> 00:25:12,600 room. Now I'm. 461 00:25:12,600 --> 00:25:15,120 Slowly been around for so long but it's hey, we know this, 462 00:25:15,200 --> 00:25:17,040 this. It's going up forever Laura. 463 00:25:18,560 --> 00:25:20,440 This is true. This is true. 464 00:25:20,760 --> 00:25:23,040 Anyways guys, if you're enjoying the show, make sure to smash 465 00:25:23,040 --> 00:25:24,840 that like button. Really helps with the YouTube 466 00:25:24,840 --> 00:25:27,240 algos and shout out to our Rumble audience. 467 00:25:27,240 --> 00:25:29,400 It keeps growing. So shout out to everyone 468 00:25:29,400 --> 00:25:31,800 watching us on Rumble. We love you guys, we appreciate 469 00:25:31,800 --> 00:25:35,000 you guys and I'm Speaking of Rumble. 470 00:25:35,360 --> 00:25:39,480 Utxo in the Rumble chat says I give it a 60% chance that 471 00:25:39,480 --> 00:25:44,240 Bitcoin Bitcoin. In U.S. dollar terms will reach 472 00:25:44,240 --> 00:25:49,560 350,000 by 2025. So we we got some bulls in the 473 00:25:49,560 --> 00:25:51,720 rumble chat. Wait I forgot to give super 474 00:25:51,720 --> 00:25:57,240 cycle option. So do do option C super cycle. 475 00:25:58,040 --> 00:26:00,920 And of course, shout out to everyone watching us on Twitter. 476 00:26:00,920 --> 00:26:03,440 For whatever reason, if you can't find us on YouTube, you 477 00:26:03,440 --> 00:26:06,160 can find us on Rumble and Twitter alternative video 478 00:26:06,160 --> 00:26:09,720 platforms. Anyways guys, before we move on 479 00:26:09,720 --> 00:26:12,840 to the news segment, I want to give a shout out to our sponsor, 480 00:26:12,880 --> 00:26:16,440 Bitcoin 2024. It's going to be in Nashville, 481 00:26:16,440 --> 00:26:19,080 TN this year. It's not going to be in Miami. 482 00:26:19,320 --> 00:26:24,680 It's July 25th through the 27th, 2024, the year of the halving. 483 00:26:24,800 --> 00:26:26,240 You definitely don't want to miss it. 484 00:26:26,400 --> 00:26:30,040 You want to get your ticket for Aga ticket, it's 349. 485 00:26:30,360 --> 00:26:38,280 For an industry pass, it's 849. 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I want to give a shout out to 497 00:27:18,400 --> 00:27:22,800 our sponsor, Foundation Devices. It's self custody done right? 498 00:27:22,800 --> 00:27:26,400 They built a premium grade hardware wallet called Passport 499 00:27:26,600 --> 00:27:29,440 right here in the US. It's fully open source and 500 00:27:29,440 --> 00:27:32,120 verifiable. It's the most intuitive Bitcoin 501 00:27:32,120 --> 00:27:36,000 wallet designed with the UX, reminiscent of a simple feature 502 00:27:36,000 --> 00:27:38,120 phone. So you will know how to navigate 503 00:27:38,120 --> 00:27:39,840 it and use it the moment you pick it up. 504 00:27:40,200 --> 00:27:43,440 Get your Bitcoin off exchanges and into your into your own 505 00:27:43,440 --> 00:27:46,280 hands in just a few minutes. 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You could scan the QR code on 516 00:28:18,880 --> 00:28:22,560 your screen, get yourself a passport hardware wallet. 517 00:28:22,560 --> 00:28:26,040 They pay attention to detail. It's completely open source. 518 00:28:26,080 --> 00:28:27,880 It's air gapped. You definitely want to get 519 00:28:27,880 --> 00:28:30,840 yourself one. Remember guys, not your keys, 520 00:28:31,000 --> 00:28:33,800 not your Bitcoin. Get yourself a Bitcoin hardware 521 00:28:33,800 --> 00:28:38,160 wallet and it's simply Bitcoin. Re recommend the Passport by 522 00:28:38,160 --> 00:28:41,440 foundation devices. All right everybody. 523 00:28:41,440 --> 00:28:46,400 So the big news is we're going to talk about the Better flag 524 00:28:46,480 --> 00:28:48,280 theory. What is the Better Flag Theory? 525 00:28:48,280 --> 00:28:50,720 The Better Flag Theory is a theory. 526 00:28:51,400 --> 00:28:55,000 That essentially and also it was talked a little bit about during 527 00:28:55,000 --> 00:28:56,280 the book the sovereign individual. 528 00:28:56,280 --> 00:29:00,760 But it's basically the general gist of it is this idea that 529 00:29:00,760 --> 00:29:05,480 people and businesses are going to flock to where they're 530 00:29:05,480 --> 00:29:09,000 treated best. And that over time what that was 531 00:29:09,000 --> 00:29:13,880 going to do, it was going to create competition between 532 00:29:13,880 --> 00:29:18,440 jurisdictions and when competition is created between 533 00:29:18,440 --> 00:29:22,400 jurisdictions you? The sovereign individual wins 534 00:29:22,400 --> 00:29:26,320 because you're gonna get to pick and choose where you want to 535 00:29:26,320 --> 00:29:29,600 live and where you want to set up, right? 536 00:29:29,880 --> 00:29:33,000 Because it makes sense. Like Opti and I have talked 537 00:29:33,000 --> 00:29:36,320 about this many, many times. We say it jokingly, but at the 538 00:29:36,320 --> 00:29:39,280 same time we're very seriously, we're very serious and we say 539 00:29:39,520 --> 00:29:42,600 look, if all else fails. We're probably going to move to 540 00:29:42,600 --> 00:29:45,120 El Salvador and set up shop in El Salvador. 541 00:29:45,120 --> 00:29:48,480 It's very, very attractive, right, especially with the, you 542 00:29:48,480 --> 00:29:51,880 know, the, the laws that they passed basically exempting, you 543 00:29:51,880 --> 00:29:54,960 know, tech businesses from income tax, right. 544 00:29:55,120 --> 00:29:58,360 It's, you know, and and this is you're going to see more of this 545 00:29:58,760 --> 00:30:01,880 and you see a little bit of this happening in the US. 546 00:30:02,360 --> 00:30:05,640 Because of the sovereignty of the individual states, right? 547 00:30:05,880 --> 00:30:09,960 So when California and New York were very, very hard on 548 00:30:09,960 --> 00:30:14,040 businesses during the pandemic, you saw a massive exodus of 549 00:30:14,040 --> 00:30:18,880 people fleeing from New York and California going to Texas and 550 00:30:18,880 --> 00:30:21,960 Florida, right? When other states are hostile to 551 00:30:21,960 --> 00:30:25,440 Bitcoin mining, like New York State, Texas is becoming 552 00:30:25,440 --> 00:30:28,120 incredibly friendly towards Bitcoin mining, right? 553 00:30:28,280 --> 00:30:30,360 And that creates competition, right? 554 00:30:30,600 --> 00:30:34,000 And then competition. Is a good thing for you as an 555 00:30:34,000 --> 00:30:36,040 individual. You want jurisdictions to 556 00:30:36,040 --> 00:30:37,760 compete for your business, right? 557 00:30:37,920 --> 00:30:40,080 That's how you that's how you win personally. 558 00:30:40,400 --> 00:30:42,320 So anyways, I thought this was really interesting. 559 00:30:42,320 --> 00:30:44,840 Here is Steven Loca. He is the head of Swan private 560 00:30:44,840 --> 00:30:49,280 at Swan Bitcoin and he said China may pursue a spot Bitcoin 561 00:30:49,280 --> 00:30:53,120 ETF to compete with BlackRock. Here's Arthur Hayes. 562 00:30:53,120 --> 00:30:57,720 Arthur Hayes is the founder the Co founder of Bit Mex and he 563 00:30:57,720 --> 00:31:03,200 says competition is amazing. If the US has its proxy asset 564 00:31:03,200 --> 00:31:08,040 manager BlackRock launching an ETF, China needs its proxy asset 565 00:31:08,040 --> 00:31:12,680 manager to launch one too. the US versus China economic war is 566 00:31:12,680 --> 00:31:16,840 great for Bitcoin. And remember, we've covered this 567 00:31:16,840 --> 00:31:24,840 many times with the complete 180 that happened when right China 568 00:31:24,840 --> 00:31:29,200 banned Bitcoin mining. And then a couple months later 569 00:31:29,240 --> 00:31:32,760 you started to see this news coming out of Hong Kong. 570 00:31:33,080 --> 00:31:38,440 How Hong Kong was planning to become this so-called crypto hub 571 00:31:38,880 --> 00:31:42,800 and remember it? Apparently it's, you know, one 572 00:31:42,800 --> 00:31:47,040 country, two systems. But Hong Kong is completely 573 00:31:47,040 --> 00:31:50,400 controlled by the CCP, right? Which is the ruling party of the 574 00:31:50,640 --> 00:31:54,560 of mainland China. So anything that happens in Hong 575 00:31:54,560 --> 00:31:58,760 Kong needs a stamp of approval from the CCP. 576 00:31:59,200 --> 00:32:02,520 But what's really interesting is that because it's Hong Kong is 577 00:32:02,520 --> 00:32:05,760 isolated from the rest of the rest of the mainland, it's like 578 00:32:05,760 --> 00:32:10,280 they're using it like this, like this bridge to the West, this 579 00:32:10,280 --> 00:32:12,160 bridge to the rest of the world, right. 580 00:32:12,160 --> 00:32:15,000 They can keep their populace under control in the mainland, 581 00:32:15,000 --> 00:32:18,400 and they could use Hong Kong as this experimentation ground, 582 00:32:18,400 --> 00:32:20,240 right? Which I I find very, very 583 00:32:20,240 --> 00:32:23,200 interesting. And I think Arthur Hayes hit the 584 00:32:23,200 --> 00:32:27,400 nail on the head, right, If the US has its proxy asset manager, 585 00:32:27,400 --> 00:32:29,920 BlackRock, right, it's a very strong statement. 586 00:32:29,920 --> 00:32:33,280 But I agree with it. China needs its proxy asset 587 00:32:33,280 --> 00:32:35,360 manager to launch one too, right? 588 00:32:35,360 --> 00:32:38,360 And I kept saying this, guys, when this is happening, 589 00:32:38,680 --> 00:32:42,000 everybody wins. In this case, when this happens, 590 00:32:42,000 --> 00:32:45,680 everybody wins. Anyways, moving on to the actual 591 00:32:45,680 --> 00:32:48,160 news. Here it is by Bloomberg Hong 592 00:32:48,160 --> 00:32:52,840 Kong mulls allowing spot crypto ETFs in pursuit of Asia hub. 593 00:32:53,200 --> 00:32:56,600 It goes on to say Hong Kong is assessing whether to allow 594 00:32:56,600 --> 00:32:59,920 Exchange Traded funds that invest directly in crypto as 595 00:32:59,920 --> 00:33:03,480 officials set up steps to create an Asia Pacific Digital Asset 596 00:33:03,480 --> 00:33:06,040 Hub. While tackling the fallout of 597 00:33:06,040 --> 00:33:09,080 the JPX scandal. The city is weighing retail 598 00:33:09,080 --> 00:33:13,640 investor access to such spot ETFs, providing regulatory 599 00:33:13,640 --> 00:33:15,720 concern. Concerns are met. 600 00:33:16,640 --> 00:33:19,640 It goes on to say, quote we welcome proposals using 601 00:33:19,640 --> 00:33:22,560 innovative technology that boosts efficiency and customer 602 00:33:22,560 --> 00:33:25,400 experience. It goes on to say we're happy to 603 00:33:25,400 --> 00:33:28,440 give it a try as long as new risks are addressed. 604 00:33:28,440 --> 00:33:31,200 Our approach is consistent regardless of the asset. 605 00:33:31,520 --> 00:33:35,240 The crypto sector sees ETFs as a way of making digital assets 606 00:33:35,240 --> 00:33:38,400 more mainstream since the funds are readily available to a 607 00:33:38,400 --> 00:33:42,480 variety of investors. Bitcoin has surged 110% this 608 00:33:42,480 --> 00:33:45,240 year, partly on expectations at the likes of Black Rock. 609 00:33:45,560 --> 00:33:49,480 Will soon win permission to start the first US spot ETS for 610 00:33:49,480 --> 00:33:53,320 the token ETF Outlook. Both Hong Kong and the US are 611 00:33:53,320 --> 00:33:57,720 currently allowing future based crypto ETFs, but the take up has 612 00:33:57,720 --> 00:34:00,440 been modest compared to the overall size of the fund 613 00:34:00,440 --> 00:34:03,000 industry. The Asian city currently lists 614 00:34:03,000 --> 00:34:08,679 the Samsung Bitcoin Futures Active, the CSOP Bitcoin Futures 615 00:34:08,719 --> 00:34:13,040 and the CSOP Ethers Futures. They have a combined they have 616 00:34:13,040 --> 00:34:16,120 combined assets of about $65 million. 617 00:34:16,440 --> 00:34:20,360 Just how pop spot funds will be is an open question following 618 00:34:20,360 --> 00:34:24,960 the digital following, the 2022 digital asset route and the 619 00:34:24,960 --> 00:34:29,239 conviction of SPF for the multibillion dollar FTX fraud 620 00:34:29,760 --> 00:34:31,760 which damages Crypto's reputation. 621 00:34:31,760 --> 00:34:34,639 I agree with that statement. I think it definitely damages 622 00:34:34,639 --> 00:34:38,400 Crypto's reputation, but I don't think it damages Bitcoin's 623 00:34:38,400 --> 00:34:41,199 reputation. Bitcoin is not crypto. 624 00:34:41,679 --> 00:34:44,600 It goes on to say Hong Kong rolled out a dedicated virtual 625 00:34:44,600 --> 00:34:47,880 asset regulatory framework in June, part of an effort to 626 00:34:47,880 --> 00:34:51,719 restore its luster as a cutting edge financial center. 627 00:34:51,960 --> 00:34:55,440 The rules seek to woo companies but also focus on investor 628 00:34:55,440 --> 00:35:00,200 protection, a need underlined by the alleged Hong Kong $1.6 629 00:35:00,200 --> 00:35:03,360 billion fraud. That recently erupted in the 630 00:35:03,360 --> 00:35:06,560 city at an unlicensed JPX crypto exchange quote. 631 00:35:06,800 --> 00:35:09,600 The incident underscores A requirement for robust, 632 00:35:09,600 --> 00:35:11,480 comprehensive regulatory framework. 633 00:35:11,760 --> 00:35:15,680 The SFC has enhanced transparency over applications 634 00:35:15,680 --> 00:35:17,520 for Virtual Asset Exchange license. 635 00:35:18,000 --> 00:35:20,760 So anyways, I think the point is made. 636 00:35:21,840 --> 00:35:24,800 This is awesome. You're seeing the bag theory 637 00:35:24,800 --> 00:35:29,560 play out in real time, and you know when jurisdictions compete. 638 00:35:30,000 --> 00:35:34,200 Or your business, they compete for you to come and set up shop 639 00:35:34,880 --> 00:35:38,560 where they are so that they can benefit from the tax revenue you 640 00:35:38,560 --> 00:35:42,560 win as an individual. Now this was all predicted back 641 00:35:42,600 --> 00:35:45,800 in the 90s in the book that I highly recommend and I talk 642 00:35:45,800 --> 00:35:49,360 about every single show in the book, the sovereign individual, 643 00:35:49,520 --> 00:35:52,200 this is what they were talking about. 644 00:35:52,920 --> 00:35:56,520 When jurisdictions compete for your business, you win. 645 00:35:56,760 --> 00:35:58,760 So more of this. This is a good thing. 646 00:35:59,520 --> 00:36:03,640 And I love the way that Arthur Hayes framed it because I think 647 00:36:03,640 --> 00:36:06,280 it was the most effective way. I think it was the best way, 648 00:36:06,640 --> 00:36:12,560 right When different jurisdictions, when if the US 649 00:36:12,640 --> 00:36:16,960 has its proxy manager, BlackRock, China needs one as 650 00:36:16,960 --> 00:36:20,320 well, right? He's just, you know, he's he's 651 00:36:20,320 --> 00:36:22,960 taking out the veneer. He's taking out the bullshit. 652 00:36:22,960 --> 00:36:25,880 He's he's speaking it as it, you know, like it is. 653 00:36:26,760 --> 00:36:29,040 So yeah, man, this is this is pretty crazy. 654 00:36:29,320 --> 00:36:32,080 Now, a couple things right, 'cause we are a Bitcoin show 655 00:36:32,080 --> 00:36:34,440 after all. I think a lot of Bitcoiners are 656 00:36:34,520 --> 00:36:39,200 very skeptical of of of, you know, of these ETFs. 657 00:36:39,200 --> 00:36:44,080 Rightly, rightly so. But I'm gonna keep doubling down 658 00:36:44,080 --> 00:36:48,120 on that Max quote because I think it is the most, it is the 659 00:36:48,120 --> 00:36:50,720 most, is the most appropriate here. 660 00:36:51,000 --> 00:36:53,720 I think a lot of Bitcoiners think that BlackRock is gonna 661 00:36:53,720 --> 00:36:56,520 change Bitcoin. I think it's going to be Bitcoin 662 00:36:56,520 --> 00:37:00,800 that changes BlackRock and I think that a lot of the, you 663 00:37:00,800 --> 00:37:04,760 know, so-called evil actions that you see about you see from 664 00:37:05,720 --> 00:37:09,640 these giant institutions, whether you know it's BlackRock, 665 00:37:09,960 --> 00:37:14,000 the World Economic Forum, the World Bank, the IMF. 666 00:37:14,360 --> 00:37:17,120 It's not necessarily that these people are inherently evil. 667 00:37:17,120 --> 00:37:20,080 I think that they're paying their mortgages off as well too. 668 00:37:20,440 --> 00:37:23,520 I think you know inflation infects effects them as well. 669 00:37:24,000 --> 00:37:27,000 I just genuinely think that they think they're doing what's best 670 00:37:27,000 --> 00:37:29,960 for everybody else. And I think that the incentive 671 00:37:29,960 --> 00:37:32,960 structure is misaligned. And as long as the incentive 672 00:37:32,960 --> 00:37:36,600 structure is misaligned, they're just acting out of their own, 673 00:37:36,720 --> 00:37:40,000 out of their own self-interest. But their own self-interest is 674 00:37:40,000 --> 00:37:43,160 to really just hurt everybody else so that they could benefit 675 00:37:43,160 --> 00:37:46,280 themselves. Under Bitcoin Standard, you 676 00:37:46,280 --> 00:37:48,800 acting out of your own self-interest actually makes the 677 00:37:48,800 --> 00:37:52,080 Bitcoin network stronger, and in the process, it makes Bitcoin 678 00:37:52,080 --> 00:37:55,120 more valuable. And everybody wins, right. 679 00:37:55,360 --> 00:37:58,960 And I think it's very, very difficult to imagine from within 680 00:37:58,960 --> 00:38:05,680 the Fiat matrix how a world can exist where every, every facet 681 00:38:05,680 --> 00:38:09,400 of society is just acting out of their own self-interest and it's 682 00:38:09,400 --> 00:38:11,720 helping everybody else. I think it's very, very, it's 683 00:38:11,720 --> 00:38:17,120 very difficult to imagine from our perspective, but we do have 684 00:38:17,120 --> 00:38:19,320 a case study. We do have a case study. 685 00:38:19,320 --> 00:38:22,720 It's no longer theoretical, which is El Salvador, right? 686 00:38:22,720 --> 00:38:25,920 You have a country that fixed the base layer of society. 687 00:38:26,200 --> 00:38:31,320 And I don't think it's a coincidence that they have the 688 00:38:31,320 --> 00:38:33,440 most popular president in the Americas. 689 00:38:33,440 --> 00:38:36,720 You have President Naimbu Kelly over a 90% approval rating. 690 00:38:36,960 --> 00:38:39,960 I don't think it's a coincidence that the country that made 691 00:38:39,960 --> 00:38:43,760 Bitcoin legal tender, the president of that country has 692 00:38:43,800 --> 00:38:46,320 that level of approval rating. I don't think that's a 693 00:38:46,320 --> 00:38:47,440 coincidence. I think that. 694 00:38:47,840 --> 00:38:52,200 We El Salvador is an example of a society who's fixed their 695 00:38:52,200 --> 00:38:55,160 incentive structure and a society who's slowly 696 00:38:55,160 --> 00:38:58,760 transitioning completely to a sound money standard. 697 00:38:59,000 --> 00:39:01,800 And of course you're going to get the beneficial effects of 698 00:39:01,800 --> 00:39:04,680 that. Just like it's affected my life, 699 00:39:04,680 --> 00:39:07,040 just like just like it's affected Opti's life. 700 00:39:07,360 --> 00:39:12,320 Just like it's benefiting Chad Saylor who's you know, basically 701 00:39:12,320 --> 00:39:15,320 saying bitcoins going to 10X on on mainstream media. 702 00:39:16,520 --> 00:39:18,880 So yeah, man, that's my take on this, Opti. 703 00:39:18,880 --> 00:39:22,160 Where's your mind at? Yeah. 704 00:39:22,160 --> 00:39:28,800 So one second. Not only are we seeing the 705 00:39:28,800 --> 00:39:32,400 Better Flag Theory play out like you're mentioning, we're seeing 706 00:39:32,480 --> 00:39:36,240 kind of that meme that safety and always talks about that you 707 00:39:36,240 --> 00:39:39,520 cannot isolate yourself from the consequences of holding bad 708 00:39:39,520 --> 00:39:41,800 money. Or rather, in the flip side, the 709 00:39:41,800 --> 00:39:44,160 hard money game is a global phenomenon. 710 00:39:44,240 --> 00:39:46,960 And I had this thought this morning, or rather I think it 711 00:39:46,960 --> 00:39:49,760 was last night when I saw that this news kind of popped off on 712 00:39:49,760 --> 00:39:52,120 Twitter. I know simply Bitcoin, you know, 713 00:39:52,120 --> 00:39:55,000 Nico and I, we we are kind of America first because we are 714 00:39:55,000 --> 00:39:57,160 Americans. So we kind of always view this 715 00:39:57,160 --> 00:40:00,880 through an American lens. But Bitcoin is global and. 716 00:40:01,560 --> 00:40:03,360 It's very easy for us to forget that. 717 00:40:03,640 --> 00:40:06,760 But this hard money game, the Bitcoin game, the Bitcoin 718 00:40:06,760 --> 00:40:09,960 monetary experiment is a global phenomenon. 719 00:40:09,960 --> 00:40:13,480 And as much as we do cover what's going around the world, 720 00:40:13,480 --> 00:40:17,480 we we try to be as global as possible and we cover things 721 00:40:17,560 --> 00:40:19,640 that are happening in Bitcoin everywhere around the world. 722 00:40:20,360 --> 00:40:24,000 It is kind of easy for us to always view this through an 723 00:40:24,000 --> 00:40:27,160 American centric lens. And so, you know, in that 724 00:40:27,160 --> 00:40:31,200 context, it's awesome to see that we are seeing the 725 00:40:31,200 --> 00:40:33,880 competitions of hard money being played out. 726 00:40:33,880 --> 00:40:36,840 You know, the game theory of Bitcoin being played out on a 727 00:40:36,880 --> 00:40:40,840 geopolitical level, on on the nation state level and you know 728 00:40:40,840 --> 00:40:44,160 the US as much as they're trying and and let's connect this with 729 00:40:44,160 --> 00:40:46,440 what we've been seeing the last couple of weeks coming out of 730 00:40:46,440 --> 00:40:48,600 the bureaucrats and the central bankers and the Fed. 731 00:40:48,960 --> 00:40:51,800 You know, as much as the US is trying to fight Bitcoin, you 732 00:40:51,800 --> 00:40:54,400 know, we got Elizabeth Warren out there painting us all as 733 00:40:54,400 --> 00:40:58,120 criminals and doing whatever she can to basically gaslight the 734 00:40:58,120 --> 00:41:00,840 individuals out there from not embracing Bitcoin. 735 00:41:01,000 --> 00:41:04,000 And and rather, you know, scaring legislation and and 736 00:41:04,000 --> 00:41:08,520 regulation, you know, The Dirty words away from treating Bitcoin 737 00:41:08,520 --> 00:41:12,760 properly. the US can't isolate themselves from the consequences 738 00:41:12,760 --> 00:41:15,120 of fighting hard money. And we're seeing this happen in 739 00:41:15,120 --> 00:41:16,880 real time and you just love to see it. 740 00:41:17,160 --> 00:41:19,880 And, you know, finally I can embrace the meme of the US 741 00:41:19,960 --> 00:41:23,560 should follow China's lead. You know, for for forever on 742 00:41:23,560 --> 00:41:26,640 this show, I've been kind of trolling all our politicians to 743 00:41:26,640 --> 00:41:30,480 say, oh, we need to follow China and make a digital CBDC system. 744 00:41:30,480 --> 00:41:32,200 It's like, what the hell is going on? 745 00:41:32,440 --> 00:41:34,160 Now? They're kind of, you know, stuck 746 00:41:34,400 --> 00:41:38,080 between what's that Hard Rock in a hard place where it's like, 747 00:41:38,360 --> 00:41:41,400 OK, what the hell is Gary Gensley doing over there? 748 00:41:41,400 --> 00:41:43,400 We know he taught a class on MIT. 749 00:41:43,600 --> 00:41:48,040 We know that every there's institutional and retail 750 00:41:48,040 --> 00:41:50,600 interest in a Bitcoin ETF product. 751 00:41:50,640 --> 00:41:53,360 He even said it. We we we caught him in 14. 752 00:41:53,440 --> 00:41:55,120 Exactly. They gave you a video of him. 753 00:41:55,120 --> 00:41:57,240 Exactly. I don't know why the spot 754 00:41:57,280 --> 00:41:59,280 Bitcoin ETF hasn't been approved. 755 00:41:59,280 --> 00:42:03,320 Like it's so clearly political. But, like, the beauty of this is 756 00:42:03,320 --> 00:42:08,360 like the incentives of Bitcoin are so irresistible that even 757 00:42:08,360 --> 00:42:12,120 like it's just like even the CCP, one of the most 758 00:42:12,120 --> 00:42:15,880 totalitarian governments on the face of the planet. 759 00:42:16,280 --> 00:42:18,960 Like they ban it and then they're just like, no, no, no, 760 00:42:18,960 --> 00:42:22,040 no, no, wait a second. We still want to benefit from 761 00:42:22,040 --> 00:42:24,520 this, right? So I think it's just a testament 762 00:42:24,520 --> 00:42:28,000 to bitcoins incentives and I think that's why we're going to 763 00:42:28,000 --> 00:42:30,040 win this. At the end of the day, Bitcoins 764 00:42:30,040 --> 00:42:34,480 incentives are superior to any offerings from the government, 765 00:42:34,480 --> 00:42:38,640 whether that's bonds, whether that's Fiat money, it it's just 766 00:42:38,640 --> 00:42:41,720 superior. And I think over time more and 767 00:42:41,720 --> 00:42:45,880 more people are just gonna to to to use Larry Fink's own words. 768 00:42:46,080 --> 00:42:48,520 I think there's gonna be a flight to quality and like 769 00:42:48,520 --> 00:42:52,200 Bitcoin clearly is that mother effing quality. 770 00:42:52,200 --> 00:42:55,720 Like, it's very very clear and I think as time goes by. 771 00:42:56,080 --> 00:42:58,400 It will become more and more and more apparent. 772 00:42:58,400 --> 00:43:01,560 Anyways, Opti yeah, yeah, just one of the last thing is, is 773 00:43:01,560 --> 00:43:04,800 just remember that Bitcoin is basically like a Mexican 774 00:43:04,800 --> 00:43:07,120 standoff. Like the the consensus of 775 00:43:07,120 --> 00:43:11,440 Bitcoin is a Mexican standoff between the miners, the users, 776 00:43:12,040 --> 00:43:16,200 the businesses. And then literally on a global 777 00:43:16,200 --> 00:43:21,000 macro level, people will need to hold Bitcoin just to protect 778 00:43:21,000 --> 00:43:22,760 themselves. Because if you don't hold the 779 00:43:22,760 --> 00:43:26,560 hardest money in the room, it is your wealth that is getting 780 00:43:26,560 --> 00:43:28,400 funneled. So everyone needs to do it to 781 00:43:28,400 --> 00:43:30,640 protect themselves. Again, using safety and meme 782 00:43:30,640 --> 00:43:35,200 like people will adopt Bitcoin out of necessity like gunpowder. 783 00:43:35,400 --> 00:43:37,800 Even though Bitcoin is protection, it is a shield from 784 00:43:37,800 --> 00:43:40,400 theft. It is a shield from inflation. 785 00:43:40,760 --> 00:43:44,360 It is a shield from getting debased and holding something 786 00:43:44,360 --> 00:43:48,280 that can hold value long term. If you don't do it and your 787 00:43:48,280 --> 00:43:52,640 neighbor does or your enemy does, they are going to get 788 00:43:52,640 --> 00:43:54,640 wealthier. And we're seeing this game 789 00:43:54,640 --> 00:43:56,960 theory play out in real time and you just love to see it. 790 00:43:56,960 --> 00:43:59,760 We just, we're front running everyone guys, you're so far 791 00:43:59,760 --> 00:44:01,120 ahead of the game. It's so beautiful. 792 00:44:01,120 --> 00:44:04,520 I know we, I know we always like, I don't know, try to try 793 00:44:04,520 --> 00:44:09,200 to attack each other because we disagree on like point O 1% of 794 00:44:09,240 --> 00:44:13,400 you know with the information. But like holding Bitcoin is the 795 00:44:13,400 --> 00:44:15,600 winning move. The winning move is holding 796 00:44:15,600 --> 00:44:18,480 Bitcoin. 100 percent, 100%, by the way, guys. 797 00:44:21,440 --> 00:44:24,920 Yeah dude, this is your opportunity to front run Wall 798 00:44:24,920 --> 00:44:28,040 Street 100% guys. If you're joining the show, make 799 00:44:28,040 --> 00:44:31,520 sure to smash that like button. We're about to break 300 live 800 00:44:31,520 --> 00:44:34,880 viewers just on YouTube alone. Help us. 801 00:44:34,920 --> 00:44:37,880 Help us keep pushing the video. So if you're enjoying the show, 802 00:44:38,000 --> 00:44:41,840 smash that like button and consider subscribing if you're a 803 00:44:41,840 --> 00:44:44,440 new viewer. Anyways, I wanna give a shout 804 00:44:44,440 --> 00:44:48,400 out to one of our sponsors. They're the most trusted place 805 00:44:48,520 --> 00:44:51,640 to buy, sell and host mining equipment. 806 00:44:51,880 --> 00:44:54,680 You gotta check out Kapoo. Racks. 807 00:44:54,960 --> 00:44:57,280 You could scan the QR code on your screen. 808 00:44:57,280 --> 00:45:00,600 Right now it will take you directly to their Telegram 809 00:45:00,600 --> 00:45:04,000 marketplace, where you can check out their inventory and connect 810 00:45:04,000 --> 00:45:05,480 with the member of their sales team. 811 00:45:05,800 --> 00:45:09,040 They make purchasing products easy and transparent. 812 00:45:09,040 --> 00:45:10,560 What about cell mining equipment? 813 00:45:10,560 --> 00:45:13,800 They got your back too. You could access their vast 814 00:45:13,800 --> 00:45:17,280 network of domestic and international customers when you 815 00:45:17,280 --> 00:45:20,160 sell your Bitcoin mining ASIC with them. 816 00:45:20,320 --> 00:45:22,480 So you haven't already done so. Done. 817 00:45:22,480 --> 00:45:27,320 So check out Kaboom Racks today. They're the most trusted place 818 00:45:27,320 --> 00:45:30,400 to buy, sell and host Bitcoin ASICS. 819 00:45:30,560 --> 00:45:32,680 All right everybody, let's get to the culture. 820 00:45:32,680 --> 00:45:38,360 We have a lot to talk about the daily culture. 821 00:45:39,320 --> 00:45:43,320 Brought to you by Swan bitcoin.com Swan is the best way 822 00:45:43,320 --> 00:45:46,640 to build your Bitcoin stack with automated Bitcoin savings plans 823 00:45:46,640 --> 00:45:51,400 and instant purchases serving clients of any size from $10 to 824 00:45:51,400 --> 00:45:54,120 $10 million. We love Swan because they 825 00:45:54,120 --> 00:45:57,640 incentivize self custody and dollar cost averaging. 826 00:45:57,760 --> 00:46:01,800 What are you waiting for? Visit swanbitcoin.com today. 827 00:46:02,840 --> 00:46:07,000 All right, guys. So one second, one second, one 828 00:46:07,000 --> 00:46:09,440 second. We broke 21K on YouTube. 829 00:46:09,560 --> 00:46:13,560 Let's go. And of course, you know, this 830 00:46:13,560 --> 00:46:16,920 is, I guess maybe you could say this is like a, a vanity number. 831 00:46:16,920 --> 00:46:19,120 This is just kind of us feeling good. 832 00:46:19,600 --> 00:46:22,920 Yeah, exactly. It's just it's just us feeling 833 00:46:22,920 --> 00:46:28,560 good about about attacking the the media game on YouTube and 834 00:46:28,560 --> 00:46:31,680 you know we want to give back. And so I told you guys all the 835 00:46:31,680 --> 00:46:35,480 last week that we're going to do a a giveaway for you guys in the 836 00:46:35,480 --> 00:46:38,760 chat for you guys have been holding us down all year. 837 00:46:38,920 --> 00:46:42,280 You've been you ride with us every single day you you're in 838 00:46:42,280 --> 00:46:45,120 the comments you're adding value to people that hang out. 839 00:46:45,240 --> 00:46:47,880 You know I gave a lot of you guys mod access as well because 840 00:46:47,880 --> 00:46:51,280 you're you're here with us every single day and we're seeing that 841 00:46:51,280 --> 00:46:52,720 more and more people are joining us. 842 00:46:52,720 --> 00:46:55,640 They're asking questions. So for you guys that hang out 843 00:46:55,640 --> 00:47:00,400 with us, we wanted to do a very special giveaway and we're 844 00:47:00,400 --> 00:47:03,480 giving you guys the grand prize here, which is going to be a 845 00:47:03,480 --> 00:47:05,880 stamp seed kit. We have it here. 846 00:47:06,600 --> 00:47:08,680 Let me pull this up so you guys can see it. 847 00:47:09,560 --> 00:47:13,080 I think if I remember correctly, it will be a simply Bitcoin 848 00:47:13,080 --> 00:47:15,080 theme one, but we can talk about this as well. 849 00:47:15,080 --> 00:47:17,640 If you guys want just one that's a little more Incognito, we can 850 00:47:17,640 --> 00:47:20,160 definitely do that for you guys as well, though I will. 851 00:47:20,160 --> 00:47:24,640 Kind of $120.00 worth of value. I might yeah, and and maybe 852 00:47:24,640 --> 00:47:27,320 we'll throw in some extra little goodies in there, but you're 853 00:47:27,320 --> 00:47:29,120 definitely going to get a stamp seed kit. 854 00:47:29,880 --> 00:47:32,680 That's for you guys in the chat though, we I do kind of have to 855 00:47:32,680 --> 00:47:36,480 give the caveat that we are trying to do this. 856 00:47:36,800 --> 00:47:40,880 It's easiest for us to do it to our US audience, but if you 857 00:47:40,880 --> 00:47:42,800 happen to be the winner and you're outside of the US, I'm 858 00:47:42,800 --> 00:47:44,920 sure we can figure out something how to get this to you guys. 859 00:47:44,920 --> 00:47:49,000 So we're doing this live and then to everyone else. 860 00:47:49,000 --> 00:47:51,520 I I I had to talk with wine this morning. 861 00:47:51,520 --> 00:47:54,760 He kind of yelled at me apparently I I didn't do the I 862 00:47:54,760 --> 00:47:57,040 didn't do the giveaway as best as I could have. 863 00:47:57,280 --> 00:48:01,040 So I am going to continue to do the other prizes for you guys 864 00:48:01,040 --> 00:48:03,880 that are replay viewers on YouTube on in our telegram and 865 00:48:03,880 --> 00:48:06,400 on Twitter. I I'm going to extend it for one 866 00:48:06,400 --> 00:48:08,520 more week. I will do a tweet about it and 867 00:48:08,520 --> 00:48:11,840 stuff and and do a little more kind of little things that you 868 00:48:11,840 --> 00:48:14,120 got to do so that we can we can push this a little bit. 869 00:48:14,440 --> 00:48:17,320 But anyways I'll I'll get that for you guys. 870 00:48:17,320 --> 00:48:22,200 So the other giveaways I'm going to postpone until next Monday. 871 00:48:22,200 --> 00:48:25,200 We have no guests next Monday so I'll do another giveaway for you 872 00:48:25,200 --> 00:48:28,360 guys next Monday. But for you guys in the chat, 873 00:48:28,560 --> 00:48:31,880 look I I I was joking last week but I was very serious. 874 00:48:32,560 --> 00:48:36,000 I was writing your names and checking the list twice like 875 00:48:36,000 --> 00:48:40,960 Santa Claus. So you know guys, I I took as 876 00:48:40,960 --> 00:48:44,000 many people as I remember that's been hanging out with us all 877 00:48:44,000 --> 00:48:45,640 year long. Whether it's you guys just kind 878 00:48:45,640 --> 00:48:48,760 of chilling with us one day or not one day, a couple of days. 879 00:48:49,000 --> 00:48:52,080 You know, just people that I'd known that you've been with us 880 00:48:52,080 --> 00:48:54,320 all year long. I the the names that I'm 881 00:48:54,320 --> 00:48:56,880 familiar with. I added you guys to a list. 882 00:48:58,040 --> 00:49:00,160 I'm doing, I'm doing yeah, I'm lit. 883 00:49:00,160 --> 00:49:03,280 I just was doing kind of a few extra ones in here just so that 884 00:49:03,280 --> 00:49:06,400 I know that I see you guys and and I know you're in here as 885 00:49:06,400 --> 00:49:07,960 well. That's kind of why I was delayed 886 00:49:07,960 --> 00:49:11,880 a little bit. And so guys, you know, forgive 887 00:49:11,880 --> 00:49:13,840 me. This is the first time I'm using 888 00:49:13,840 --> 00:49:15,520 it. I've never used this before, so 889 00:49:15,680 --> 00:49:18,440 I don't want anyone to like actually me like, bro, it's not 890 00:49:18,440 --> 00:49:21,280 fully random. Like, This is why I'm doing it 891 00:49:21,280 --> 00:49:22,280 live. All right. 892 00:49:22,280 --> 00:49:27,040 So look, I added, let's see how many people, 38 of you guys in 893 00:49:27,040 --> 00:49:28,600 here that I that I know for sure. 894 00:49:28,600 --> 00:49:31,240 You've been hanging out with us every single basically every 895 00:49:31,240 --> 00:49:34,080 single day on simply Bitcoin in the live chat. 896 00:49:34,920 --> 00:49:37,520 If you guys, if I didn't get your name on there, like forgive 897 00:49:37,520 --> 00:49:40,480 me, but I I just, I'm doing the ones that I remember that I know 898 00:49:40,480 --> 00:49:42,920 you guys are here with us every single day basically. 899 00:49:43,280 --> 00:49:45,280 And so I'm going to do the live chat. 900 00:49:45,600 --> 00:49:48,840 I'm going to do this live, pick a name, you'll be the winner. 901 00:49:48,840 --> 00:49:53,640 We'll going to do this live on air, but again, I will be doing 902 00:49:53,880 --> 00:49:58,440 a giveaway for you guys from our Telegram group and our Twitter 903 00:49:58,440 --> 00:50:00,560 audience and the YouTube playback. 904 00:50:00,560 --> 00:50:04,160 So it might be a little clunky, but I want to make sure that 905 00:50:04,160 --> 00:50:07,800 every one of our supporters is getting at least has a chance to 906 00:50:07,800 --> 00:50:10,800 get something. So I don't want to feel. 907 00:50:10,800 --> 00:50:12,640 I don't want you guys to yell at me like, oh, they're doing 908 00:50:12,640 --> 00:50:14,880 favoritism to the people that can show up live. 909 00:50:14,880 --> 00:50:17,640 Like I got AI, got a job, bro. I can't show up at noon. 910 00:50:17,840 --> 00:50:19,080 I know. That's why I'm going to do 911 00:50:19,080 --> 00:50:21,240 another giveaway for the YouTube subscribers. 912 00:50:21,240 --> 00:50:24,320 There's 21,000 of you guys so I'll do that one next week. 913 00:50:24,480 --> 00:50:28,880 But live for you guys. We are doing this live again. 914 00:50:28,960 --> 00:50:32,920 I have 38 of you guys. I forgive me if this isn't fully 915 00:50:32,920 --> 00:50:35,880 random. This is this is the option that 916 00:50:35,880 --> 00:50:37,640 I figured out I could do for you guys. 917 00:50:37,640 --> 00:50:46,450 So hopefully this works right here. 918 00:50:46,890 --> 00:50:49,130 I'm going to spin this live and the winner. 919 00:50:49,730 --> 00:50:53,210 I guess will reach out to me in e-mail. 920 00:50:53,210 --> 00:50:54,050 I don't know. We'll do this, right? 921 00:50:54,050 --> 00:50:55,690 We'll do this live. Let's let's just do this. 922 00:50:58,570 --> 00:51:00,930 Oh, no, It's Andres. Andres. 923 00:51:01,050 --> 00:51:02,730 Wow. Now. 924 00:51:02,730 --> 00:51:06,330 Now I'm really going to be now people are really going to say 925 00:51:06,330 --> 00:51:08,610 that I had favoritisms. Wow. 926 00:51:08,610 --> 00:51:11,210 OK. Oh my God. 927 00:51:11,680 --> 00:51:13,240 I I couldn't have. I couldn't have made that up 928 00:51:13,240 --> 00:51:15,680 guys. So Andres, our boy son of Sats 929 00:51:15,680 --> 00:51:17,120 hangs out with us on Twitter Spaces. 930 00:51:18,400 --> 00:51:20,200 I guess. I guess you won the. 931 00:51:20,840 --> 00:51:23,960 I guess you won the stamp sheet. I'll, I'll, I'll check. 932 00:51:23,960 --> 00:51:25,360 I'll. I'll e-mail you right now, bro. 933 00:51:25,360 --> 00:51:26,920 Wow. Now if. 934 00:51:27,040 --> 00:51:29,560 If he's watch. If he's not watching the show. 935 00:51:29,720 --> 00:51:31,360 Oh, if he's not in the chat live. 936 00:51:31,360 --> 00:51:34,120 Oh man. OK, OK, OK. 937 00:51:34,160 --> 00:51:38,520 I I guess that's the new rules. Andres, you have like 2 seconds. 938 00:51:42,500 --> 00:51:43,980 You have two seconds on this if you're. 939 00:51:44,220 --> 00:51:49,340 Not in the show, in the chat right now, then wrecked, bro. 940 00:51:50,420 --> 00:51:54,820 Then I'll have to get you. Everyone saying rigged? 941 00:51:55,420 --> 00:51:58,900 Yeah, everyone's saying rigged. OK, well, I guess he's not. 942 00:51:58,900 --> 00:52:00,500 Here. All right, Let's do it one more 943 00:52:00,500 --> 00:52:02,500 time because he's not in the chat. 944 00:52:02,620 --> 00:52:03,500 All right. All right. 945 00:52:03,500 --> 00:52:08,580 We got to re spin. We got to re spin Kaizen. 946 00:52:08,660 --> 00:52:13,800 Kaizen, Kaizen. Kaizen, are you in the chat? 947 00:52:13,800 --> 00:52:15,640 Kaizen in the chat. Okay. 948 00:52:15,640 --> 00:52:19,680 All right, Kaizen. Well, I am here. 949 00:52:19,680 --> 00:52:21,640 Let's go. All right, Kaizen. 950 00:52:21,640 --> 00:52:25,720 So maybe either reach out to me on. 951 00:52:26,560 --> 00:52:32,440 Kaizen is saying it's rigged. All right, spit it again. 952 00:52:33,000 --> 00:52:34,400 Wow. Hold on, hold on. 953 00:52:34,400 --> 00:52:36,200 Let's give him a chance. Let's give him a chance. 954 00:52:37,320 --> 00:52:38,880 Okay, Kaizen. I guess. 955 00:52:38,920 --> 00:52:41,080 I guess yes. All right. 956 00:52:41,760 --> 00:52:43,920 He was. He was complaining about it. 957 00:52:43,920 --> 00:52:44,480 Rigged. When? 958 00:52:44,520 --> 00:52:47,080 On this one. Not so rigged anymore, is it? 959 00:52:47,120 --> 00:52:52,160 Okay. All right, Kaizen, reach out 960 00:52:52,200 --> 00:52:56,360 either on Twitter, DME, or if you want to reach out on 961 00:52:56,360 --> 00:52:58,920 Telegram. Or, I mean, you can hit me in 962 00:52:58,920 --> 00:53:01,760 e-mail, Optimus at Pitbull. I probably shouldn't have gave 963 00:53:01,760 --> 00:53:03,400 you guys my e-mail. Now I'm gonna get trolled. 964 00:53:08,240 --> 00:53:10,320 How do we give us? Adm on Twitter. 965 00:53:10,320 --> 00:53:12,280 Our DMS are open. There we go. 966 00:53:12,360 --> 00:53:15,240 Then send us Adm on Twitter. Tell this is the first one we've 967 00:53:15,240 --> 00:53:17,920 done live, because the last time I tried to give you guys money, 968 00:53:17,920 --> 00:53:19,640 you guys trolled us. So I have to figure. 969 00:53:19,640 --> 00:53:22,480 I had to figure out a new way to do the KISS. 970 00:53:23,200 --> 00:53:25,360 Copernicus shave on you, bro. Yeah. 971 00:53:25,440 --> 00:53:27,920 So, all right, you get a message us on Twitter, All right. 972 00:53:28,000 --> 00:53:28,800 Oh, cool. OK. 973 00:53:28,920 --> 00:53:30,240 Dope. Yeah, so. 974 00:53:30,400 --> 00:53:32,760 Well, that's up to you. Yeah, we'll also be giving away 975 00:53:32,760 --> 00:53:35,280 merch as well. Yeah, that's the next move for 976 00:53:35,280 --> 00:53:36,640 everyone. We love the Graham we. 977 00:53:36,640 --> 00:53:39,440 Love you guys. Bear with us while we like 978 00:53:39,440 --> 00:53:42,200 figure out this like the logistics so we don't get. 979 00:53:42,200 --> 00:53:44,960 Trolled live. We don't figure like we we 980 00:53:44,960 --> 00:53:47,640 figure out how we're gonna do this and how we make it fair and 981 00:53:47,640 --> 00:53:50,840 all that stuff. But congratulations Kaizen for 982 00:53:51,440 --> 00:53:54,560 yeah, Kaizen, DM me at the Simply Bitcoin TV Twitter 983 00:53:54,560 --> 00:53:57,160 account and and we'll we'll we'll go from there. 984 00:53:57,600 --> 00:54:01,200 Yeah, exactly. So but congratulations man, you 985 00:54:01,760 --> 00:54:03,480 you won. You won the giveaway. 986 00:54:03,480 --> 00:54:05,720 So shout out to you, brother. Don't do that. 987 00:54:05,760 --> 00:54:07,440 Ignore that. Well, I'm gonna cut it out. 988 00:54:09,400 --> 00:54:10,680 All right, everybody all right. Yeah. 989 00:54:10,680 --> 00:54:14,000 But but just to be clear, I'm gonna do a tweet about this. 990 00:54:14,000 --> 00:54:17,440 Once I get off air, there'll be some things, you know, just like 991 00:54:17,440 --> 00:54:23,000 subscribe, like our sponsor Stamp Seed and we're going to do 992 00:54:23,000 --> 00:54:24,120 some prizes. Prizes. 993 00:54:24,120 --> 00:54:25,560 And you got to follow Stamp Seed. 994 00:54:25,720 --> 00:54:28,720 Yeah, we got to we got to make sure that our boys get some 995 00:54:28,720 --> 00:54:30,560 love. And then I'll make sure that I 996 00:54:30,560 --> 00:54:33,120 pick the winners from the telegram group. 997 00:54:33,480 --> 00:54:35,760 And we'll do the Twitter and the YouTube. 998 00:54:35,760 --> 00:54:36,880 We'll do a. Promo. 999 00:54:36,880 --> 00:54:40,520 We'll do a promo, tweet, we'll you know, give away and and then 1000 00:54:40,920 --> 00:54:43,480 hey, if they reach out and for some reason there's some issues 1001 00:54:43,480 --> 00:54:46,360 or that we pick a bot or whatever, I don't know, we'll 1002 00:54:46,360 --> 00:54:47,800 we'll redo it again, I don't know. 1003 00:54:47,800 --> 00:54:49,680 We'll figure it out. Yeah, we'll figure it out. 1004 00:54:49,760 --> 00:54:51,880 Andres, you should have tuned in today, bro. 1005 00:54:52,200 --> 00:54:55,080 Hey, it sucks to suck, bro. He should. 1006 00:54:55,160 --> 00:54:57,240 He should have tuned in. Should have tuned in. 1007 00:54:57,920 --> 00:55:00,120 All right everybody, We're going to get a message later. 1008 00:55:00,120 --> 00:55:02,440 I'm pretty sure I I'm pretty sure I added you to the wheel 1009 00:55:02,440 --> 00:55:05,520 bro. All right, everybody, let's 1010 00:55:06,160 --> 00:55:09,280 let's hit the meme review. We got a lot of memes to review 1011 00:55:12,880 --> 00:55:19,560 the Daily Meme review. Wow. 1012 00:55:19,560 --> 00:55:22,440 I just realized I didn't get you sat wise I I should have. 1013 00:55:22,440 --> 00:55:24,160 I guess I didn't double check my last. 1014 00:55:24,160 --> 00:55:25,280 We'll. We'll be giving away. 1015 00:55:25,280 --> 00:55:27,200 We'll be giving away. We're going to. 1016 00:55:27,200 --> 00:55:28,760 Give some more stuff. More stuff. 1017 00:55:28,760 --> 00:55:30,840 We're going to be giving away some merch as well. 1018 00:55:30,840 --> 00:55:33,040 We love you guys. We wouldn't be here without you. 1019 00:55:33,080 --> 00:55:35,520 With that, we wouldn't reach 21K without you. 1020 00:55:35,520 --> 00:55:37,640 That's what it is. We're giving, we're giving a 1021 00:55:37,640 --> 00:55:41,120 little, a little, a little back anyways, Opti, how about that, 1022 00:55:41,200 --> 00:55:44,240 how about I'll say it now to 42 K we'll we'll do another one. 1023 00:55:44,800 --> 00:55:45,520 Oh, OK. All right. 1024 00:55:46,000 --> 00:55:51,400 So I do want to end this poll so that we know the results. 1025 00:55:52,280 --> 00:56:01,200 There was 200 of you voting, dude, the chats undefeated. 1026 00:56:03,720 --> 00:56:09,560 No, we can't. We can't talk about this, guys. 1027 00:56:10,880 --> 00:56:13,760 Remember the Overton window? We're on YouTube, guys. 1028 00:56:13,880 --> 00:56:15,960 We're on YouTube. Shift it. 1029 00:56:16,920 --> 00:56:22,320 OK, so we did run. A poll says do you believe 1030 00:56:22,320 --> 00:56:29,120 Bitcoin will reach 350K? In twenty 2565% of you said yes, 1031 00:56:29,760 --> 00:56:34,720 34% of you said no. So the chat and two, there was 1032 00:56:34,720 --> 00:56:38,160 200 votes. So the chat is ultra effing 1033 00:56:38,160 --> 00:56:41,000 bullish right now. They're super, super super 1034 00:56:41,000 --> 00:56:48,200 bullish. 65% feel like Bitcoin is going to break 350K or hit. 1035 00:56:48,440 --> 00:56:53,160 Well can't wait can't wait till our our poll chat in the YouTube 1036 00:56:53,160 --> 00:56:56,120 is statistically relevant with 2000 of you guys live in there 1037 00:56:56,120 --> 00:57:00,200 doing the the poll results so we we so we can be like a official 1038 00:57:00,560 --> 00:57:06,680 like corporate press site over here anyways oh man what a day 1039 00:57:06,680 --> 00:57:08,880 what a day. All right, this is the meme 1040 00:57:08,880 --> 00:57:13,200 review guys, where you send us memes on Twitter, tag the at 1041 00:57:13,200 --> 00:57:17,000 simply Bitcoin TV account or drop them in our telegram group. 1042 00:57:17,000 --> 00:57:20,040 T dot me slash simply Bitcoin TVI. 1043 00:57:20,400 --> 00:57:23,600 Look in there. Every morning I I add your 1044 00:57:23,600 --> 00:57:28,080 guys's tags to our show notes. I may not be able to get to them 1045 00:57:28,080 --> 00:57:31,800 all, but tweets are the bullets. Memes are the artillery Tag your 1046 00:57:31,800 --> 00:57:34,480 favorite memers memes or even tag yourself. 1047 00:57:34,720 --> 00:57:39,440 I am not above nepotism when it comes to the meme review, but as 1048 00:57:39,440 --> 00:57:42,080 you can tell, we are in an information war. 1049 00:57:42,440 --> 00:57:45,600 Spreading the signal is the utmost priority. 1050 00:57:45,600 --> 00:57:47,800 Making sure people are taking Bitcoin into custody. 1051 00:57:47,800 --> 00:57:50,000 This is the way. This is how we win all right. 1052 00:57:50,000 --> 00:57:53,840 Anyways, 1st meme is by Marcus Connor, NH. 1053 00:57:53,840 --> 00:57:56,920 He's actually the artist that does the like Bitcoin, the 1054 00:57:56,920 --> 00:58:01,600 little Bitcoin coin guys, and this is a play on the Drake 1055 00:58:01,600 --> 00:58:04,680 hotline bling. As we covered a little bit on 1056 00:58:04,680 --> 00:58:08,400 last week's show, apparently Bitcoin Magazine is getting sued 1057 00:58:08,960 --> 00:58:12,720 for copyright infringement on this Fed Now logo. 1058 00:58:12,800 --> 00:58:16,320 Explain that better, bro. The Federal Reserve, I got it 1059 00:58:16,440 --> 00:58:17,200 here. I got it right here. 1060 00:58:17,360 --> 00:58:19,400 Central Bank and. Read it. 1061 00:58:19,600 --> 00:58:20,960 Read it. Read it live. 1062 00:58:21,480 --> 00:58:24,920 Is threatening to sue. They sent a cease and desist 1063 00:58:25,000 --> 00:58:30,880 letter to Bitcoin Magazine for misrepresenting the Fed Now 1064 00:58:30,880 --> 00:58:34,120 brand like it's alleging apparel that parodies its Fed Now 1065 00:58:34,120 --> 00:58:35,880 system. Is not protected speech, but 1066 00:58:35,880 --> 00:58:39,360 copyright infringement. Or like bro bro. 1067 00:58:42,400 --> 00:58:45,520 The best part is that there's like a Fed stooge over there 1068 00:58:45,520 --> 00:58:49,440 that's like watching Bitcoin Magazine content and like, hey 1069 00:58:49,440 --> 00:58:51,840 Jay Powell, I think, I think we got to do something about this. 1070 00:58:52,440 --> 00:58:54,920 Actually the most disgusting part about this is that they 1071 00:58:54,920 --> 00:58:58,520 were saying that they were trying to associate themselves 1072 00:58:58,520 --> 00:59:01,200 with the Fed Now it's like, no, it was literally the opposite. 1073 00:59:01,200 --> 00:59:02,920 It's it's ridiculing the Fed now. 1074 00:59:02,920 --> 00:59:06,240 Anyways, we got the little Bitcoin logo doing the hotline 1075 00:59:06,240 --> 00:59:06,800 bling. No. 1076 00:59:06,800 --> 00:59:09,760 And it goes Fed now 24/7 instant payments. 1077 00:59:09,760 --> 00:59:14,800 No, that's not what it's about. But it's the yes and the Fed now 1078 00:59:14,800 --> 00:59:17,680 because it's been Big Brother dystopian technology, central 1079 00:59:17,680 --> 00:59:21,080 bank, digital control mechanism. Convince me otherwise. 1080 00:59:21,160 --> 00:59:25,160 Okay next one is by Don Bay. He hung out with us on Thursday, 1081 00:59:25,360 --> 00:59:29,200 AKA at Baywatch One on Twitter and he goes in the mind of Joe 1082 00:59:29,200 --> 00:59:29,960 Carlos. Sorry. 1083 00:59:29,960 --> 00:59:33,560 This is how the exchange between Jay Powell and David Bailey is 1084 00:59:33,560 --> 00:59:35,760 going right now regarding the Fed trying to stop Bitcoin 1085 00:59:35,760 --> 00:59:38,520 Magazine for making Fed Now parody shirts. 1086 00:59:39,000 --> 00:59:41,880 And you see Jay Powell here looking at his cell phone and 1087 00:59:42,040 --> 00:59:44,320 he's running an old old iPhone too. 1088 00:59:44,320 --> 00:59:47,400 What is this like iPhone three or something like that Anyways 1089 00:59:47,400 --> 00:59:50,720 he's texting Big Mac Bitcoin mag and goes guys just take it down 1090 00:59:50,720 --> 00:59:53,040 please. And Bitcoin magazine response. 1091 00:59:53,040 --> 00:59:57,520 Fed now, you done effed up should've stuck to rates Then he 1092 00:59:57,520 --> 01:00:00,360 goes, Jay Powell goes see This is why no one takes you guys 1093 01:00:00,360 --> 01:00:03,240 over Bitcoin seriously And then Bitcoin mag response. 1094 01:00:03,360 --> 01:00:06,240 We seriously going to own the Fed and Jay Powell response? 1095 01:00:06,240 --> 01:00:08,040 See you guys. Point proven. 1096 01:00:08,280 --> 01:00:10,880 More like point dropped. You won't. 1097 01:00:11,200 --> 01:00:15,120 OK, I'm done here. That's exactly how it went down. 1098 01:00:15,480 --> 01:00:18,000 OK, next one. This one is family friendly. 1099 01:00:18,000 --> 01:00:20,600 Ish shouts at the Cluckies. Shouts at the Copernicus for 1100 01:00:20,600 --> 01:00:23,040 tagging me. We have a guys. 1101 01:00:23,160 --> 01:00:25,440 Always Copernicus, bro. Yeah, this is actually a good 1102 01:00:25,440 --> 01:00:27,320 meme. This is actually funny. 1103 01:00:27,760 --> 01:00:32,400 We got a man soliciting a street Walker and he goes $50, whatever 1104 01:00:32,400 --> 01:00:34,440 you want, baby. And he goes, Can you help me fix 1105 01:00:34,440 --> 01:00:38,360 my node? Really be like that. 1106 01:00:38,360 --> 01:00:41,480 I don't care about anything else, just my node is acting up. 1107 01:00:41,480 --> 01:00:43,480 How do you fix this? I will pay you. 1108 01:00:43,840 --> 01:00:46,720 In your Bitcoin node? As in a Bitcoin as in a Bitcoin 1109 01:00:46,720 --> 01:00:47,360 node? Exactly. 1110 01:00:47,360 --> 01:00:49,080 Dude, get your thoughts out of the gutter. 1111 01:00:49,080 --> 01:00:53,200 Nika geez okay. Next one is my Rd. under score 1112 01:00:53,200 --> 01:00:57,760 BTC. It's always Copernicus and it 1113 01:00:57,760 --> 01:01:01,880 goes performance enhancing books, hashtag Bitcoin hashtag 1114 01:01:01,880 --> 01:01:04,320 education. And we got a guy with a syringe 1115 01:01:04,320 --> 01:01:07,520 needle going straight into his brain and it is the Bitcoin 1116 01:01:07,520 --> 01:01:11,360 standard the Fiat standard and Principles of economics and I 1117 01:01:11,360 --> 01:01:14,800 think we can add Broken Money by Lynn Alden they are come all 1118 01:01:14,800 --> 01:01:16,960 coming out of Safa Dean Productions. 1119 01:01:16,960 --> 01:01:19,640 I I need to get me that one but I've I've been hearing really 1120 01:01:19,640 --> 01:01:21,680 good things. I need to refresh. 1121 01:01:21,800 --> 01:01:24,040 All right. Next one is rope and shouts out 1122 01:01:24,040 --> 01:01:28,120 the rope because he's very much one of those cynical bit corners 1123 01:01:28,120 --> 01:01:30,800 I was talking about in the beginning, saying that we're big 1124 01:01:30,800 --> 01:01:32,600 corners but we're embracing BlackRock. 1125 01:01:34,080 --> 01:01:37,880 Anyways, we got the classic girl yelling at the cat meme and 1126 01:01:38,000 --> 01:01:41,680 she's yelling at it's like what, Housewives or Bachelorette or 1127 01:01:41,680 --> 01:01:43,280 something, I don't know. And he goes, I thought you 1128 01:01:43,280 --> 01:01:46,080 wanted to build black markets And the cat with the laser eyes 1129 01:01:46,080 --> 01:01:48,160 says no. I said I want BlackRock to pump 1130 01:01:48,160 --> 01:01:53,360 the market. And he's got, he's got the 1131 01:01:53,400 --> 01:01:57,640 Kermit the Frog tea. Coming here, but hey dude, this 1132 01:01:57,640 --> 01:02:00,280 is soup. That's not tea or coffee. 1133 01:02:00,280 --> 01:02:02,240 That's that's a soup with the frog. 1134 01:02:02,240 --> 01:02:03,880 So you need to up your meme game rope. 1135 01:02:04,040 --> 01:02:08,080 OK, next one is by our boy Nick Camp mine, and we got a picture 1136 01:02:08,080 --> 01:02:12,000 here of Elizabeth Warren plastered on top of the officer 1137 01:02:12,000 --> 01:02:13,680 from Inglorious Basterds and goes. 1138 01:02:13,960 --> 01:02:16,440 You're hiding Bitcoin private keys under the floorboards, are 1139 01:02:16,440 --> 01:02:17,200 you not? That's. 1140 01:02:17,200 --> 01:02:19,680 I think that's Mussolini, is it? I think. 1141 01:02:19,760 --> 01:02:22,000 I'm pretty sure this is from Inglorious Basterds. 1142 01:02:22,560 --> 01:02:24,080 I don't know, shouts out. The Knick dude. 1143 01:02:24,240 --> 01:02:27,240 He's going hard. Oh man, this one. 1144 01:02:27,480 --> 01:02:29,200 This one's too good. This one's too good. 1145 01:02:29,200 --> 01:02:33,840 All right, next one is by chair force under score BTC and he 1146 01:02:33,840 --> 01:02:36,880 just goes hashtag Bitcoin. And we got a picture here of 1147 01:02:36,880 --> 01:02:40,200 someone you know, checking if this is a fake $100 bill or not. 1148 01:02:40,200 --> 01:02:42,040 And it goes. I find it hilarious when a 1149 01:02:42,040 --> 01:02:45,360 cashier checks my money to see if it's fake and then we have 1150 01:02:45,360 --> 01:02:48,200 someone that transacting a Bitcoin when they don't even 1151 01:02:48,200 --> 01:02:50,200 accept real money in the 1st place. 1152 01:02:53,200 --> 01:02:55,560 Absolutely incredible. We. 1153 01:02:56,080 --> 01:02:59,240 Got an order? We got an order on the live 1154 01:02:59,240 --> 01:03:01,400 show. Shout out to you, brother. 1155 01:03:01,400 --> 01:03:03,360 Thanks for thanks for ordering our merch. 1156 01:03:03,360 --> 01:03:07,000 Speaking of our merch. Speaking of our merch, first of 1157 01:03:07,000 --> 01:03:09,400 all breaking news. Opti can read books. 1158 01:03:09,400 --> 01:03:12,240 Boom. Yes, I I can read books. 1159 01:03:12,480 --> 01:03:15,600 If you want to support the show, help us stay independent, 1160 01:03:15,600 --> 01:03:18,720 please, please. We are forced to say this 1161 01:03:18,720 --> 01:03:22,680 because of wine by our merch. You can see the the QR code on 1162 01:03:22,680 --> 01:03:26,440 your screen right there. And and and while we're doing 1163 01:03:26,440 --> 01:03:30,000 this for everyone else to give away, that will be ended next 1164 01:03:30,000 --> 01:03:32,080 Monday. We're gonna give away a shirt, 1165 01:03:32,080 --> 01:03:35,040 maybe even a hoodie, maybe couple shirts. 1166 01:03:35,360 --> 01:03:36,560 I don't know. We gotta figure this. 1167 01:03:36,560 --> 01:03:38,560 Out. He is gonna be modeling on our 1168 01:03:38,560 --> 01:03:42,520 new collection. Yeah, yeah, there you go. 1169 01:03:42,560 --> 01:03:45,080 You see. Do you want to see Opti Model? 1170 01:03:45,080 --> 01:03:50,240 Say yes in the chat and you know you you get mad at me about 1171 01:03:50,240 --> 01:03:54,160 doing the Street Walker meme, and yet here you just prostitute 1172 01:03:54,160 --> 01:04:02,720 me out constantly. That's not true. 1173 01:04:03,760 --> 01:04:07,440 He's like, how can we sell Opti's smile more so we can make 1174 01:04:07,440 --> 01:04:09,440 some money off of him. I get it. 1175 01:04:09,440 --> 01:04:11,600 I get it. OK, All right. 1176 01:04:11,600 --> 01:04:12,520 Anyway. Dropping me. 1177 01:04:13,120 --> 01:04:16,000 In the back there's more back story to that bro. 1178 01:04:16,320 --> 01:04:19,960 Opti has like some modeling pictures on his Dude, your boy's 1179 01:04:19,960 --> 01:04:21,520 kind of sexy. I I don't know. 1180 01:04:21,520 --> 01:04:24,520 I know, I know I look ugly. I know I look like a nerd on the 1181 01:04:24,600 --> 01:04:26,600 on the show. But your boy can't see. 1182 01:04:26,600 --> 01:04:28,640 I'm blind. All right, all right. 1183 01:04:28,640 --> 01:04:30,160 Anyways, that's besides the point. 1184 01:04:31,720 --> 01:04:33,480 I mean, you're the one with the blonde tip. 1185 01:04:33,480 --> 01:04:35,360 You're the real influencer here anyways. 1186 01:04:35,360 --> 01:04:38,640 Anyways, Anyways, all right, drop your score in the chat. 1187 01:04:39,040 --> 01:04:41,480 My score? You ready for this one? 1188 01:04:41,480 --> 01:04:46,000 Nico is red UV light. If you know, you know. 1189 01:04:46,000 --> 01:04:48,600 Oh. OK, you're on the Steven Luka. 1190 01:04:48,760 --> 01:04:54,360 You're on the Steven Luka tip. OK, All right. 1191 01:04:54,920 --> 01:04:57,120 Interesting. All right, that's a good score. 1192 01:04:57,120 --> 01:04:58,960 I'm gonna give it this. I'm your balls. 1193 01:05:01,320 --> 01:05:04,560 I'm gonna give it this Bitcoin magnet. 1194 01:05:05,160 --> 01:05:07,640 Bitcoin magnet. Yep, that's what I'm gonna give 1195 01:05:07,640 --> 01:05:08,240 it. That. 1196 01:05:08,240 --> 01:05:11,520 That's my score. That's my score, man. 1197 01:05:11,680 --> 01:05:13,720 These scores are good. Hold on, Hold on, man. 1198 01:05:14,240 --> 01:05:16,080 This is a good Monday. This is a good Rep. 1199 01:05:16,680 --> 01:05:20,960 Starting off strong, OK. Even though even though Niko 1200 01:05:20,960 --> 01:05:25,720 started off the show with simply burnt out energy, we ended 1201 01:05:25,720 --> 01:05:28,360 strong. We ended very strong, OK. 1202 01:05:28,520 --> 01:05:34,880 Man, all right, BTC is truth watching. 1203 01:05:34,880 --> 01:05:38,640 Simply Bitcoin while at work. This is the way. 1204 01:05:38,680 --> 01:05:40,680 This is the way. It's how you do it. 1205 01:05:40,720 --> 01:05:43,480 It's how you do it. The P Man van I could watch 1206 01:05:43,480 --> 01:05:48,480 simply bearish in my underwear at work all. 1207 01:05:49,360 --> 01:05:54,840 Right next one we got we are all causing we're all causing on 1208 01:05:54,840 --> 01:06:00,240 Bitcoin Twitter and Opti's e-mail you're going to get 1209 01:06:00,240 --> 01:06:03,960 trolled like an good thing. I'm I'm I'm in the process of 1210 01:06:03,960 --> 01:06:09,480 switching to a new work e-mail, so I will have to make it soon. 1211 01:06:09,960 --> 01:06:13,200 Sam Bankman, most shoelaces. Sam. 1212 01:06:13,200 --> 01:06:16,600 Yes. OK, Hammer's off. 1213 01:06:17,000 --> 01:06:21,800 Planet Earth, says surfboards for the 2025 Bitcoin tsunami. 1214 01:06:21,840 --> 01:06:26,240 Surf's going to be up guys. Our boy dropped an epic article 1215 01:06:26,240 --> 01:06:28,960 on our sub stack. Do not sleep on the sub stack. 1216 01:06:28,960 --> 01:06:32,320 simplybitcoin.substack.com or simplybitcoin.com. 1217 01:06:32,320 --> 01:06:34,160 You can. Simply go to simply Bitcoin dot 1218 01:06:34,160 --> 01:06:36,080 news and you can go directly there We go. 1219 01:06:36,400 --> 01:06:38,520 Make sure to. Subscribe The Bitcoin tsunami. 1220 01:06:38,520 --> 01:06:40,400 It's lit. He's dropping that hot. 1221 01:06:40,400 --> 01:06:45,160 Heat Hot, Fire. Elaine Lowell. 1222 01:06:45,520 --> 01:06:48,600 Bitcoin Bull run waits till I'm ready. 1223 01:06:48,760 --> 01:06:51,400 I'll let you know when. Bitcoin it'll be soon. 1224 01:06:51,720 --> 01:06:58,760 OK Rope Opti being stuck by rock and what is what is it What is 1225 01:06:58,760 --> 01:07:01,200 that saying? That is hilarious. 1226 01:07:02,880 --> 01:07:07,960 Tyler Durden swallowed the red pill 1 can Unopened premium dog 1227 01:07:07,960 --> 01:07:12,640 food. OK, keefy boy, I give the memes 1228 01:07:12,640 --> 01:07:15,600 my old hat. After I get the new simply 1229 01:07:15,600 --> 01:07:17,200 Bitcoin hat, they're coming. They're coming. 1230 01:07:17,200 --> 01:07:22,080 Blame wine. Like tag, tag, tag winokis on on 1231 01:07:22,080 --> 01:07:24,720 Twitter and say wine. Where are the hats? 1232 01:07:25,160 --> 01:07:28,240 Meme, score. Mic positioning, OK what is 1233 01:07:28,240 --> 01:07:29,440 this? They want better mic 1234 01:07:29,440 --> 01:07:31,600 positioning. I I I saw you guys talking about 1235 01:07:31,600 --> 01:07:32,240 it earlier. I don't. 1236 01:07:32,240 --> 01:07:34,120 Know our mics are pretty well positioned. 1237 01:07:36,080 --> 01:07:38,920 Interesting. When simply Bitcoin Speedo with 1238 01:07:39,000 --> 01:07:42,960 Opti modeling, you do not wanna see that it's. 1239 01:07:43,160 --> 01:07:47,080 Going to happen. All right, Matthew, J1 Stamp 1240 01:07:47,080 --> 01:07:50,840 seed plant and punch set. Let's go. 1241 01:07:51,560 --> 01:07:52,360 Wait. Wait wait. 1242 01:07:52,400 --> 01:07:57,280 Wait. Rocky works in red light. 1243 01:07:57,280 --> 01:08:02,800 Is that what the red light was for? 1244 01:08:02,800 --> 01:08:06,600 It wasn't, but apparently it is. Wait, wait, where? 1245 01:08:06,640 --> 01:08:08,080 Where do they want the mic? The mic? 1246 01:08:10,160 --> 01:08:11,960 It's. I feel like this is good. 1247 01:08:13,040 --> 01:08:15,560 OK, we're out of time guys. Thank you so much for tuning 1248 01:08:15,560 --> 01:08:17,880 into another episode of Simply Bitcoin Live. 1249 01:08:18,200 --> 01:08:20,800 We appreciate y'all. If you guys enjoyed the show, 1250 01:08:20,800 --> 01:08:22,120 make sure to smash that like button. 1251 01:08:22,319 --> 01:08:25,680 Consider subscribing if you feel like we provided you value. 1252 01:08:25,680 --> 01:08:28,359 But the number one thing you could do to help push the 1253 01:08:28,359 --> 01:08:32,040 peaceful Bitcoin revolution is share this content. 1254 01:08:32,040 --> 01:08:37,840 Share all Bitcoin content. Share, share, share Bitcoin art. 1255 01:08:37,880 --> 01:08:40,600 Share Bitcoin culture. That's how we that's how we 1256 01:08:40,600 --> 01:08:42,279 spread it. We got, we got, we got to take 1257 01:08:42,279 --> 01:08:43,840 over the culture, ladies and gentlemen. 1258 01:08:43,840 --> 01:08:45,880 That's how we do it. That's how we do it. 1259 01:08:46,359 --> 01:08:47,720 Anyways, guys, I'm your host Nico. 1260 01:08:47,720 --> 01:08:50,040 This is my Co host Opti. We love you all. 1261 01:08:50,040 --> 01:08:53,640 We'll be back tomorrow, 12:15 PM Eastern Standard Time for 1262 01:08:53,640 --> 01:08:57,080 another episode of Simply Bitcoin Live. 1263 01:08:57,080 --> 01:08:57,680 Peace out, y'all.