1
00:00:03,360 --> 00:00:06,360
It's all going to zero against 
Bitcoin. 

2
00:00:06,960 --> 00:00:16,880
It's going up forever. 
You're against Bitcoin. 

3
00:00:16,920 --> 00:00:23,680
You're against freedom. 
Yeah. 

4
00:00:23,720 --> 00:00:25,560
Welcome to another episode of 
Simply Bitcoin Live. 

5
00:00:25,560 --> 00:00:27,920
We're a number one source to the
peaceful Bitcoin revolution. 

6
00:00:27,920 --> 00:00:29,480
Car breaking news culture, Matic
Warfare. 

7
00:00:29,480 --> 00:00:32,200
We will be your guide through 
the separation of money and 

8
00:00:32,200 --> 00:00:33,640
state. 
Ladies and gentlemen, welcome to

9
00:00:33,640 --> 00:00:38,920
the most watched Daily Bitcoin 
new show on YouTube, Rumble NX. 

10
00:00:38,920 --> 00:00:42,160
Welcome to Simply Bitcoin. 
Sit back, relax, Enjoy the ride.

11
00:00:42,320 --> 00:00:45,640
This is the second day from live
streaming from the beautiful 

12
00:00:45,640 --> 00:00:49,720
country, the shining country on 
the hill of of course I'm 

13
00:00:49,720 --> 00:00:53,080
talking about freedom country. 
Of course I'm talking about El 

14
00:00:53,080 --> 00:00:54,960
Salvador. 
In the background. 

15
00:00:55,240 --> 00:00:58,080
I literally have an actual 
volcano. 

16
00:00:58,720 --> 00:01:01,000
So we're going to be streaming 
simply bitcoins, going to be 

17
00:01:01,000 --> 00:01:05,040
streaming here from from El 
Salvador for the rest of the 

18
00:01:05,040 --> 00:01:07,360
week. 
This is my second day in San 

19
00:01:07,360 --> 00:01:10,800
Salvador. 
I had a me pre Med Bitcoin event

20
00:01:10,800 --> 00:01:13,720
yesterday. 
I was with BTC sessions with Max

21
00:01:13,720 --> 00:01:19,360
Kaiser, Stacy Herbert, Lena 
Seish Who else said tip and Z 

22
00:01:19,360 --> 00:01:21,120
she did the rap. 
It was incredible. 

23
00:01:21,120 --> 00:01:23,880
It was an auction to just 
celebrate. 

24
00:01:24,680 --> 00:01:26,240
You know the Bitcoin adoption 
here. 

25
00:01:26,240 --> 00:01:29,200
Me pre Med Bitcoin is doing some
incredible things. 

26
00:01:29,200 --> 00:01:34,640
They're teaching the next 
generation how to use Bitcoin. 

27
00:01:34,640 --> 00:01:37,320
I think that's just so 
incredibly important. 

28
00:01:37,560 --> 00:01:41,160
So it was a privilege to be part
of that auction and part of that

29
00:01:41,160 --> 00:01:42,480
event. 
It was incredible. 

30
00:01:42,680 --> 00:01:45,120
I'm absolutely loving El 
Salvador. 

31
00:01:45,120 --> 00:01:50,240
The energy here is it's it's 
it's something very special. 

32
00:01:50,240 --> 00:01:55,280
If you're a Bitcoiner, I highly 
recommend making this pilgrimage

33
00:01:55,560 --> 00:01:57,920
to this country. 
I know I've met a lot of 

34
00:01:57,920 --> 00:02:01,320
bitcoiners, one of which is a 
guest today that have actually 

35
00:02:01,320 --> 00:02:06,120
even moved here. 
I see the hope, I see the energy

36
00:02:06,120 --> 00:02:08,639
in people. 
I'm Hispanic, I am bilingual. 

37
00:02:08,639 --> 00:02:11,600
So I every single opportunity 
I've had, I've. 

38
00:02:11,640 --> 00:02:15,000
I've literally tried to speak to
a local, wanted to get their 

39
00:02:15,000 --> 00:02:18,000
thoughts on Bouquelay, wanted to
get their thoughts on, you know,

40
00:02:18,000 --> 00:02:20,360
the future of their country. 
And I see it. 

41
00:02:20,560 --> 00:02:23,520
And that's not something that 
you see, you know, around Latin 

42
00:02:23,520 --> 00:02:26,240
America, you don't see that most
people want to leave. 

43
00:02:26,240 --> 00:02:28,880
They want to go to the United 
States and El Salvador. 

44
00:02:28,880 --> 00:02:30,280
I'm seeing something very 
different. 

45
00:02:30,280 --> 00:02:33,720
It's a very, very special place.
If you're a bitcoiner, highly 

46
00:02:33,720 --> 00:02:37,160
recommend coming to El Salvador 
at least once and you'll see 

47
00:02:37,160 --> 00:02:39,320
what I mean. 
Anyways, today we're going to 

48
00:02:39,320 --> 00:02:42,320
talk about Bitcoin being binary 
in, in a way. 

49
00:02:43,000 --> 00:02:46,760
And this is something that I've 
said many times, that Bitcoin 

50
00:02:46,760 --> 00:02:49,760
either goes to 0 or it keeps 
going up forever, right? 

51
00:02:50,640 --> 00:02:52,760
A lot of that has to do with the
having. 

52
00:02:52,760 --> 00:02:57,000
A lot of that has a lot of that 
has to do with the mining 

53
00:02:57,000 --> 00:02:59,560
incentives. 
And of course a lot of that has 

54
00:02:59,560 --> 00:03:02,800
to do with Infinity divided by 
21 million. 

55
00:03:03,080 --> 00:03:06,200
Like if governments had the 
discipline, like not to print 

56
00:03:06,200 --> 00:03:08,600
money, like maybe we could have 
a conversation about it. 

57
00:03:08,600 --> 00:03:10,600
But it's like they can't help 
themselves. 

58
00:03:10,640 --> 00:03:12,880
But to do it, they have to do 
it. 

59
00:03:13,320 --> 00:03:16,560
The US is on an unsustainable 
fiscal path. 

60
00:03:17,360 --> 00:03:21,880
So yeah, I mean, you know, one 
thing is for sure is that they 

61
00:03:21,880 --> 00:03:25,080
have to keep printing money. 
If if they don't, if they stop 

62
00:03:25,080 --> 00:03:27,600
printing money, the US 
government isn't going to be 

63
00:03:27,600 --> 00:03:31,360
able to afford things. 
And the way that you protect 

64
00:03:31,360 --> 00:03:35,400
yourself obviously is get 
yourself Bitcoin and that 

65
00:03:35,400 --> 00:03:38,400
basically guarantees that this 
thing goes to a million, 

66
00:03:38,720 --> 00:03:40,000
basically. 
It's inevitable. 

67
00:03:40,080 --> 00:03:45,960
And the binary aspect of it is 
very interesting because that 

68
00:03:45,960 --> 00:03:48,280
means that it can't just stay at
the same level like it. 

69
00:03:48,400 --> 00:03:51,680
It either goes up forever, 
Laura, or goes down to zero. 

70
00:03:51,920 --> 00:03:56,040
And that inspired me to, you 
know, to come up with some 

71
00:03:56,040 --> 00:03:59,640
original thought this morning 
where I said I would rather ride

72
00:03:59,640 --> 00:04:02,240
Bitcoin to zero then go back to 
slavery. 

73
00:04:02,240 --> 00:04:05,080
What side are you on and on? 
That's a question for you guys. 

74
00:04:05,080 --> 00:04:07,840
What side are you on? 
Are you, Would you go back to 

75
00:04:07,840 --> 00:04:11,360
the Fiat system? 
Would you go back to working and

76
00:04:11,360 --> 00:04:16,000
earning in a money that another 
man can create for free, another

77
00:04:16,000 --> 00:04:18,640
man can censor based on your 
political beliefs? 

78
00:04:18,640 --> 00:04:21,800
Are are you up for that? 
You know, that's that's the 

79
00:04:21,800 --> 00:04:23,080
question that I have for you 
guys. 

80
00:04:23,360 --> 00:04:26,360
I have another clip for you guys
as well of Kathy Wood. 

81
00:04:26,360 --> 00:04:31,680
She's been absolutely on fire on
the legacy financial media here.

82
00:04:31,720 --> 00:04:35,640
There's a clip of her on CNNBC 
talking about the global 

83
00:04:35,640 --> 00:04:38,400
currency devaluations happening 
worldwide. 

84
00:04:38,640 --> 00:04:41,360
And what's really interesting 
about Bitcoin is that it shines 

85
00:04:41,360 --> 00:04:45,640
like a light of truth on that. 
It shines a light of truth on, 

86
00:04:45,800 --> 00:04:49,320
you know, the failure of Fiat 
currencies, to put it bluntly, 

87
00:04:49,320 --> 00:04:52,000
like it's just these currencies 
are failing. 

88
00:04:52,000 --> 00:04:54,600
And the reason that they're 
failing is that governments 

89
00:04:54,600 --> 00:04:57,160
can't help themselves but to 
print. 

90
00:04:57,280 --> 00:04:59,000
Which, you know, Satoshi knew 
this. 

91
00:04:59,000 --> 00:05:01,480
This is part of the reason that 
Bitcoin was invented. 

92
00:05:01,760 --> 00:05:03,120
So this is what we're all here 
for. 

93
00:05:03,120 --> 00:05:06,480
So anyways, it's going to be a 
great episode tomorrow. 

94
00:05:06,480 --> 00:05:10,160
I'm going to be streaming from 
the beach, from the resort of 

95
00:05:10,160 --> 00:05:12,320
the where the having party is 
going to be hosted. 

96
00:05:12,320 --> 00:05:14,680
I don't know where we're going 
to be streaming from exactly, 

97
00:05:14,680 --> 00:05:15,960
but it's going to be a great 
show. 

98
00:05:15,960 --> 00:05:18,680
Today's show is going to be a 
great show, super, super 

99
00:05:18,680 --> 00:05:21,200
excited. 
And we also have a very special 

100
00:05:21,200 --> 00:05:26,200
guest, First, my Co host today 
who's going to be filling in for

101
00:05:26,360 --> 00:05:30,200
Opti, who is currently on the 
plane on the way to El Sido, of 

102
00:05:30,200 --> 00:05:34,120
course, my beautiful wife 
Sophie, who just put down our 

103
00:05:34,120 --> 00:05:35,680
beautiful baby Sophie. 
Thank you. 

104
00:05:35,800 --> 00:05:37,800
Thank you so much for filling in
for Opti today. 

105
00:05:38,600 --> 00:05:41,440
You're very welcome. 
I'm super excited to be here. 

106
00:05:41,440 --> 00:05:44,600
There's another little special 
person who's here who's not 

107
00:05:44,600 --> 00:05:46,920
exactly ready to make her 
Internet debut. 

108
00:05:46,920 --> 00:05:51,080
Hopefully until she's like 15. 
Yeah, I'm super excited to be 

109
00:05:51,080 --> 00:05:57,120
here. 15, No 15 we got, we got 
to move that, we got to move 

110
00:05:57,120 --> 00:06:02,080
that number up to like at least 
at least 18, at least 18 

111
00:06:03,120 --> 00:06:05,280
anyways. 
I'm just trying to and be 

112
00:06:05,280 --> 00:06:08,880
realistic, OK? 
Anyways, I do also want to 

113
00:06:08,880 --> 00:06:12,120
introduce our guests for today, 
Doctor Albert. 

114
00:06:12,360 --> 00:06:15,360
Doctor Albert is an 
ophthalmologist. 

115
00:06:15,360 --> 00:06:17,480
Did I say that right? 
Did I say that right? 

116
00:06:17,760 --> 00:06:19,240
An. 
Optometrist. 

117
00:06:19,480 --> 00:06:24,120
I was an optometrist. 
He. 

118
00:06:24,120 --> 00:06:27,520
He was an optometrist. 
He's a hardcore bitcoiner. 

119
00:06:27,800 --> 00:06:30,960
He is famous for making these 
Bitcoin pills. 

120
00:06:30,960 --> 00:06:34,040
Could you show it, Doctor 
Albert, we're gonna be. 

121
00:06:35,600 --> 00:06:37,840
My wife makes them. 
His wife. 

122
00:06:37,960 --> 00:06:41,320
His wife makes them and he's 
gonna be selling them at the 

123
00:06:41,320 --> 00:06:44,840
having party. 
And you know, I had a Nikko 

124
00:06:44,840 --> 00:06:46,640
special edition. 
I didn't bring it with me. 

125
00:06:47,360 --> 00:06:50,360
Doctor Albert's wife was kind 
enough to make one for me and 

126
00:06:50,360 --> 00:06:52,160
Opti, which was absolutely 
awesome. 

127
00:06:52,360 --> 00:06:54,240
So we're gonna talk about Doctor
Albert's. 

128
00:06:54,480 --> 00:06:57,480
Why did you move to El Salvador?
What's been your experience in 

129
00:06:57,480 --> 00:06:59,320
El Salvador? 
What's been your experience in 

130
00:06:59,320 --> 00:07:01,720
freedom country? 
And I'm gonna get to see you in 

131
00:07:01,720 --> 00:07:03,800
the flesh, like literally later 
today. 

132
00:07:03,800 --> 00:07:06,720
So that's gonna be awesome. 
Anyways, it's going to be a 

133
00:07:06,720 --> 00:07:08,800
great show. 
I I'm really excited for the 

134
00:07:08,800 --> 00:07:12,040
culture segment specifically 
because I want to hear Doctor 

135
00:07:12,040 --> 00:07:17,160
Albert make the case as to why 
he left where he was living and 

136
00:07:17,160 --> 00:07:20,280
he moved to Freedom Country. 
And I'm not going to lie, I I 

137
00:07:20,280 --> 00:07:22,160
didn't tweet this. 
I didn't, I didn't post this on 

138
00:07:22,160 --> 00:07:24,040
Twitter, but I posted this on 
Noster. 

139
00:07:24,280 --> 00:07:28,640
I said I'm not going to lie, 
guys, you know, I'm loving El 

140
00:07:28,640 --> 00:07:31,440
Salvador. 
I might want to move here and 

141
00:07:31,440 --> 00:07:33,000
I'm break. 
This is breaking news for 

142
00:07:33,000 --> 00:07:36,080
Sophie, 'cause she hasn't heard 
about this yet, but I mean if. 

143
00:07:36,120 --> 00:07:37,960
It's not good. 
I'm down. 

144
00:07:38,120 --> 00:07:38,520
I'm. 
It's. 

145
00:07:38,520 --> 00:07:40,120
It's awesome. 
It's really cool. 

146
00:07:40,120 --> 00:07:42,000
El Salvador is really, really 
awesome. 

147
00:07:42,200 --> 00:07:45,120
Highly recommend it. 
Like it was surreal just being 

148
00:07:45,120 --> 00:07:46,720
able. 
I've been literally just paying 

149
00:07:46,720 --> 00:07:50,960
for things in Bitcoin, like been
going around, have my Lightning 

150
00:07:50,960 --> 00:07:53,680
wallet on my Zeus app and I'm 
like literally just paying for 

151
00:07:53,680 --> 00:07:55,360
things. 
It's absolutely surreal that 

152
00:07:55,360 --> 00:07:58,560
it's just treated like a 
currency, not everywhere, but in

153
00:07:58,560 --> 00:08:00,880
in most places. 
So it's absolutely awesome. 

154
00:08:01,040 --> 00:08:04,240
Anyways, guys, it's going to be 
an epic show, so let's get into 

155
00:08:04,240 --> 00:08:06,920
it. 
But before we do that, I do want

156
00:08:06,920 --> 00:08:12,040
to give a very, very, very, 
very, very, very, very special 

157
00:08:12,040 --> 00:08:15,040
shout out to our flagship 
sponsor. 

158
00:08:15,760 --> 00:08:17,440
And of course, I'm talking about
Bitcoin. 

159
00:08:17,440 --> 00:08:23,480
Well, after you switch cameras 
for this, because it's the I 

160
00:08:23,480 --> 00:08:27,040
can't show the volcano and have 
this at the same time. 

161
00:08:27,240 --> 00:08:29,520
So there we go. 
All right, here we go. 

162
00:08:29,520 --> 00:08:31,240
One more time. 
All right. 

163
00:08:31,240 --> 00:08:34,320
Bitcoin well, is the best place 
to build your automatic self 

164
00:08:34,320 --> 00:08:36,640
custody Bitcoin stack. 
That's right. 

165
00:08:36,640 --> 00:08:38,880
You can't buy Bitcoin on 
Bitcoin. 

166
00:08:38,880 --> 00:08:43,120
Well, unless you're going to 
take self custody, which 

167
00:08:43,120 --> 00:08:45,880
perfectly aligns with this 
simply Bitcoin ethos of the 

168
00:08:45,880 --> 00:08:50,160
separation of money and state, 
guys, check out Bitcoin. 

169
00:08:50,160 --> 00:08:55,000
Well, help us make self custody 
this standard in the US. 

170
00:08:55,200 --> 00:08:59,800
Check out bitcoinwell.com today.
They also have a live contest 

171
00:08:59,800 --> 00:09:02,680
that is going on. 
It's called the Bitcoin Jackpot 

172
00:09:02,680 --> 00:09:06,680
Contest. 
There's currently 4.1 million 

173
00:09:06,680 --> 00:09:09,680
Satoshi is in the jackpot. 
The way that you enter is you 

174
00:09:09,680 --> 00:09:13,000
sign up for Bitcoin. 
Well, you put in your e-mail 

175
00:09:13,000 --> 00:09:16,440
every time you make a Bitcoin 
purchase, you earn points and 

176
00:09:16,440 --> 00:09:19,600
then you could put those towards
the towards the jackpot. 

177
00:09:19,800 --> 00:09:22,800
If you're an existing user, by 
the way, all you got to do is 

178
00:09:22,800 --> 00:09:27,000
you go to the reward section on 
the bitcoinwell.com website and 

179
00:09:27,240 --> 00:09:30,560
you can use your points that 
you've earned buying Bitcoin on 

180
00:09:30,560 --> 00:09:32,640
Bitcoin. 
Well, towards the jackpot, we 

181
00:09:32,720 --> 00:09:35,840
we've also been giving away 
Bitcoin merch like the 

182
00:09:36,280 --> 00:09:40,280
foundation passport, the 
hardware wallet, a book by said 

183
00:09:40,280 --> 00:09:43,040
Bunny seed plate. 
So stay tuned, we'll be giving 

184
00:09:43,040 --> 00:09:44,680
away a lot of stuff from 
Bitcoin. 

185
00:09:44,680 --> 00:09:47,520
Well, so guys, check out 
bitcoinwell.com. 

186
00:09:47,520 --> 00:09:51,360
Help us make self custody the 
standard in the US and the 

187
00:09:51,360 --> 00:09:54,040
United States of America. 
All right everybody, let's get 

188
00:09:54,040 --> 00:09:55,560
some numbers. 
We have a lot to talk about. 

189
00:09:57,440 --> 00:10:01,160
The Bitcoin numbers. 
Is your Bitcoin and cold storage

190
00:10:01,160 --> 00:10:04,160
really secure? 
Is your seed phrase really 

191
00:10:04,160 --> 00:10:05,720
secure? 
Stamp seeds? 

192
00:10:05,720 --> 00:10:08,400
Do it yourself. 
Kit has everything you need to 

193
00:10:08,400 --> 00:10:12,800
hammer your seed words into 
commercial grade titanium plates

194
00:10:13,000 --> 00:10:15,000
instead of just writing them on 
paper. 

195
00:10:15,280 --> 00:10:18,520
Don't store your generational 
wealth on paper. 

196
00:10:18,760 --> 00:10:21,440
Papers prone to water damage, 
fire damage. 

197
00:10:21,600 --> 00:10:23,840
You want to put your 
generational wealth on one of 

198
00:10:23,840 --> 00:10:26,960
the strongest metals on planet 
earth, Titanium. 

199
00:10:26,960 --> 00:10:30,120
Your words are actually stamped 
into this metal plate with this 

200
00:10:30,120 --> 00:10:33,520
hammer and these letter stamps. 
And once your words are in, they

201
00:10:33,520 --> 00:10:36,480
aren't going anywhere. 
No risk of the plate breaking 

202
00:10:36,480 --> 00:10:38,840
apart and pieces falling 
everywhere. 

203
00:10:39,040 --> 00:10:42,280
Titanium stamp seeds will 
survive nearly triple the heat 

204
00:10:42,280 --> 00:10:44,800
produced by a house fire. 
They're also crush proof, 

205
00:10:44,800 --> 00:10:47,480
waterproof, non corrosive, and 
time proof. 

206
00:10:47,480 --> 00:10:50,080
All things That paper is not 
allowing you to huddle your 

207
00:10:50,080 --> 00:10:53,040
Bitcoin with Peace of Mind for 
the long haul. 

208
00:10:53,200 --> 00:10:57,840
Stamp your seed on stamp, seed. 
All right ladies and gentlemen, 

209
00:10:58,080 --> 00:11:02,400
we don't have Opti to be going 
through the chats in real time, 

210
00:11:02,400 --> 00:11:04,200
so I just have to pull this up 
because I thought it was 

211
00:11:04,200 --> 00:11:07,920
absolutely hilarious, Utxo says.
Opti is stuck in customs. 

212
00:11:08,160 --> 00:11:10,960
The customs officers asking what
is the purpose of this trip and 

213
00:11:11,160 --> 00:11:13,000
how did you earn the money to 
pay for it. 

214
00:11:13,000 --> 00:11:16,960
That is absolutely hilarious. 
Opti, please don't get stuck in.

215
00:11:17,520 --> 00:11:22,120
In customs we have David 
watching from X and he says 

216
00:11:22,120 --> 00:11:25,200
watching from the pool at the 
having party in El Salvador. 

217
00:11:25,200 --> 00:11:27,920
David, I will see you in the 
flesh very very soon. 

218
00:11:28,120 --> 00:11:30,000
We got Brian de Mint in the 
chat. 

219
00:11:30,360 --> 00:11:32,200
What's up Brian? 
How you doing man? 

220
00:11:32,200 --> 00:11:35,120
The absolute marketing genius 
behind the orange palap and an 

221
00:11:35,120 --> 00:11:38,720
incredible author. 
Also anyways, at the time of 

222
00:11:38,720 --> 00:11:44,880
recording the Bitcoin price is 
66,560 SATS per dollar, 1502 

223
00:11:45,080 --> 00:11:50,920
block height 837,568. 
Having estimate a big sorry 

224
00:11:50,920 --> 00:11:56,880
blocks to having 2432, having 
estimate April 19th oh oh it's 

225
00:11:56,880 --> 00:12:00,480
not on April 20th anymore. 
It's not on 4/20 anymore. 

226
00:12:00,640 --> 00:12:03,720
That's whack miners. 
You got to slow the F down. 

227
00:12:03,720 --> 00:12:08,040
OK, it's on April 19, 2024. 
Total lightning network capacity

228
00:12:08,240 --> 00:12:11,320
4404. 
Bitcoin capacity value 

229
00:12:11,320 --> 00:12:14,920
293,000,000 U.S. dollars. 
Realized monetary inflation 

230
00:12:15,080 --> 00:12:18,960
1.73%. 
The market capitalization is 

231
00:12:18,960 --> 00:12:23,400
1.31 trillion U.S. dollars. 
Bitcoin versus gold market cap 

232
00:12:23,400 --> 00:12:27,840
bit is 9.47%. 
I want to give a shout out to 

233
00:12:27,840 --> 00:12:31,600
Sophie for multitasking and 
feeding our baby girl at the 

234
00:12:31,640 --> 00:12:34,360
same time as doing the show, 
which is I'm. 

235
00:12:34,600 --> 00:12:36,800
Struggling. 
She's not happy right now. 

236
00:12:37,240 --> 00:12:39,920
Very Bitcoin esque. 
I'm not gonna lie, extremely 

237
00:12:39,920 --> 00:12:45,960
Bitcoin esque. 
OK, so I do want to show you 

238
00:12:45,960 --> 00:12:48,800
guys this video by Kathy Wood 
once again. 

239
00:12:48,800 --> 00:12:53,440
She's just making the rounds on 
the legacy media and here she is

240
00:12:53,440 --> 00:12:55,920
talking about their current 
their currency devaluations 

241
00:12:55,920 --> 00:12:58,440
around the world that people are
not talking about. 

242
00:12:58,720 --> 00:13:03,400
The Nigerian Nara is down 60% 
and the Egyptian currency is 

243
00:13:03,400 --> 00:13:06,320
devalued 40%. 
Quote, Bitcoin is a hedge 

244
00:13:06,320 --> 00:13:08,360
against a loss of purchasing 
power. 

245
00:13:08,360 --> 00:13:10,720
We'll get into more of that in a
second. 

246
00:13:11,040 --> 00:13:15,360
But the point that I wanted to 
kind of bring up a little bit is

247
00:13:15,360 --> 00:13:18,920
the fact that these ideas, and I
know that you guys always make 

248
00:13:18,920 --> 00:13:21,640
fun of me about talking about 
the Overton Window. 

249
00:13:22,000 --> 00:13:25,040
But guys, mimetics are 
important. 

250
00:13:25,040 --> 00:13:28,360
Like this is information 
narrative trench warfare. 

251
00:13:28,360 --> 00:13:31,360
We have to literally win over 
the hearts and minds of 

252
00:13:31,360 --> 00:13:34,400
individuals. 
So these types of interviews 

253
00:13:34,600 --> 00:13:37,640
that are happening on legacy 
media, whether it's Natalie 

254
00:13:37,640 --> 00:13:42,080
Burnell, Kathy Wood, Michael 
Saylor, Anthony Pompliano, they 

255
00:13:42,080 --> 00:13:46,320
make a big difference because 
the people that are listening to

256
00:13:46,360 --> 00:13:49,120
that type of content aren't 
Bitcoiners. 

257
00:13:49,120 --> 00:13:51,400
Like we have to remember that 
Bitcoiners are in an echo 

258
00:13:51,400 --> 00:13:53,920
chamber, like we're already 
awakened, we're already base, 

259
00:13:53,920 --> 00:13:55,360
we're already in El Salvador, 
right? 

260
00:13:55,360 --> 00:13:58,400
We already know what the F is 
going on, but most people are 

261
00:13:58,400 --> 00:14:02,160
still asleep, most people are 
still in the Fiat matrix. 

262
00:14:02,160 --> 00:14:07,040
So it's our job as bitcoiners to
really wake people up and in the

263
00:14:07,040 --> 00:14:10,120
process of waking them up. 
I think a lot of the political 

264
00:14:10,120 --> 00:14:13,480
divisions that people are are 
feeling right now because of the

265
00:14:13,480 --> 00:14:19,200
economic woes that are caused by
currency theft or purchasing 

266
00:14:19,200 --> 00:14:22,760
power theft by inflation. 
I think a lot of that would like

267
00:14:23,040 --> 00:14:25,280
literally go away or not all of 
it. 

268
00:14:25,400 --> 00:14:28,680
But I think a lot of people's, 
you know, issues, a lot of 

269
00:14:28,680 --> 00:14:33,040
people's hurt, a lot of people's
economic woes would would 

270
00:14:33,040 --> 00:14:34,640
disappear if you fix the money, 
right. 

271
00:14:34,640 --> 00:14:37,280
So it's incredibly important 
when these types of interviews 

272
00:14:37,560 --> 00:14:39,360
happen. 
Anyways, let's check out what 

273
00:14:39,360 --> 00:14:41,480
Kathy Wood has to say. 
Can you explain? 

274
00:14:41,480 --> 00:14:45,360
And we were debating it the last
couple of days about Bitcoin. 

275
00:14:45,600 --> 00:14:49,040
Joe Becky back in New York and 
together you've seen it. 

276
00:14:49,920 --> 00:14:52,200
What do you think is happening? 
I mean, we saw, we saw, we saw 

277
00:14:52,360 --> 00:14:56,640
Bitcoin get up to 70 something, 
$1000 to drop down to $66,000. 

278
00:14:56,960 --> 00:14:59,520
I was making the argument that 
it has been very tied to the 

279
00:14:59,520 --> 00:15:00,880
NASDAQ. 
It's been very tied to the 

280
00:15:00,880 --> 00:15:04,680
markets and as a result, it is 
more likely a function of 

281
00:15:04,720 --> 00:15:08,240
liquidity and sort of 
speculation than it is a 

282
00:15:08,440 --> 00:15:10,640
function of what the Federal 
Reserve is going to do, even 

283
00:15:10,640 --> 00:15:13,600
though the Federal Reserve is 
sort of been moving the markets.

284
00:15:13,600 --> 00:15:14,360
What do you? 
What do you? 

285
00:15:14,360 --> 00:15:16,800
What do you? 
What's your analysis of why it's

286
00:15:16,800 --> 00:15:20,040
moved the way it has? 
OK, up dramatically. 

287
00:15:20,360 --> 00:15:22,560
You have the ETFs. 
There's something else going on 

288
00:15:22,680 --> 00:15:26,200
around the world. 
There are currency devaluations 

289
00:15:26,200 --> 00:15:28,160
taking place that people are not
talking about. 

290
00:15:28,360 --> 00:15:33,320
The Nigerian era is down 5060% 
in the last nine months. 

291
00:15:33,560 --> 00:15:38,680
Egypt just devalued by 40%, 
Argentina continuing to devalue.

292
00:15:39,000 --> 00:15:41,960
I think this is a flight to 
safety, believe it or not, 

293
00:15:41,960 --> 00:15:45,480
taking place. 
A hedge against devaluation, a 

294
00:15:45,480 --> 00:15:48,400
hedge against a loss of 
purchasing power and wealth, 

295
00:15:48,680 --> 00:15:53,520
that's very important and we saw
this even here last last year in

296
00:15:53,520 --> 00:15:58,800
the United States regional banks
imploded, Bitcoin went up 40%. 

297
00:15:59,760 --> 00:16:03,040
Bitcoin does not have 
counterparty risk I think and 

298
00:16:03,040 --> 00:16:06,200
and we're putting out a piece in
the next few weeks which is this

299
00:16:06,200 --> 00:16:11,720
is both get this a risk on asset
and so you talk about the NASA 

300
00:16:12,360 --> 00:16:17,480
but it is risk off. 
I remember we got in at $250 

301
00:16:17,480 --> 00:16:21,280
when Greece was threatening to. 
Leave the euro, right? 

302
00:16:21,280 --> 00:16:23,880
But is that folks that are 
speculating about currency or is

303
00:16:23,880 --> 00:16:27,200
that folks in Nigeria and in 
Greece and other places saying I

304
00:16:27,200 --> 00:16:29,920
got to get my money out of this 
currency and and move it 

305
00:16:29,920 --> 00:16:31,080
themselves? 
Do you see what I'm saying? 

306
00:16:31,080 --> 00:16:33,480
Oh, yes. 
I think this is an insurance 

307
00:16:33,480 --> 00:16:39,360
policy against rogue regimes or 
against just horrible fiscal and

308
00:16:39,360 --> 00:16:44,560
monetary policies. 
So, I mean, that last part is so

309
00:16:44,560 --> 00:16:48,520
powerful, right? 
This is an insurance policy 

310
00:16:48,520 --> 00:16:53,360
against rogue regimes and 
irresponsible fiscal policy by 

311
00:16:53,360 --> 00:16:56,840
governments. 
Every single government is 

312
00:16:56,960 --> 00:17:01,640
guilty of this, even in the US. 
And one of the things that I 

313
00:17:01,640 --> 00:17:07,000
would like to mention as well is
what you're seeing in the global

314
00:17:07,000 --> 00:17:11,280
S is you're seeing the adoption 
of of Tether. 

315
00:17:11,280 --> 00:17:13,359
You're seeing the adoption of 
stable coins. 

316
00:17:13,720 --> 00:17:17,800
People are fleeing their local 
currency, their local Fiat 

317
00:17:17,800 --> 00:17:22,160
currency to to tether because 
they're trying to maintain their

318
00:17:22,160 --> 00:17:24,800
purchasing power. 
But for the first time, we 

319
00:17:24,800 --> 00:17:30,160
actually reported it on on an 
episode last week where it was 

320
00:17:30,160 --> 00:17:33,400
an article in Fors by our our 
buddy Javier Bastardo. 

321
00:17:33,960 --> 00:17:38,040
And he literally said that 
people were actually buying 

322
00:17:38,040 --> 00:17:40,840
Bitcoin instead of buying 
Tether. 

323
00:17:41,040 --> 00:17:44,240
So I think it's just a matter of
time before people start to 

324
00:17:44,240 --> 00:17:48,880
realize that yes, the dollar is 
the best of the Fiat currencies,

325
00:17:48,880 --> 00:17:53,320
right in terms of of of quote UN
quote stability, but there's a 

326
00:17:53,320 --> 00:17:55,400
superior currency which is 
Bitcoin. 

327
00:17:55,400 --> 00:17:57,800
I think it's just a matter of 
time, and I think it's an 

328
00:17:57,800 --> 00:18:03,360
educational issue before people.
Actually, it's an educational 

329
00:18:03,360 --> 00:18:06,360
problem before people actually 
wake up to that reality. 

330
00:18:06,560 --> 00:18:10,480
So I I think what she said is so
incredibly powerful. 

331
00:18:10,720 --> 00:18:15,400
And look, if you actually, like,
make sense of what she's saying,

332
00:18:15,680 --> 00:18:17,760
right? 
If all of a sudden you have a 

333
00:18:17,760 --> 00:18:21,560
way to protect your purchasing 
power, that provides hope, 

334
00:18:21,920 --> 00:18:24,360
right? 
That provides the ability to 

335
00:18:24,360 --> 00:18:28,280
save for the future. 
And again, don't trust, Verify. 

336
00:18:28,400 --> 00:18:32,520
We always go to this website 
called Price and Bitcoin 21 and 

337
00:18:32,720 --> 00:18:36,280
it literally just lays it out 
right how if you've been saving 

338
00:18:36,280 --> 00:18:39,200
in Bitcoin generally things to 
not. 

339
00:18:39,200 --> 00:18:42,280
Generally things get cheaper 
progressively over time, 

340
00:18:42,480 --> 00:18:45,080
specifically the longer you hold
right. 

341
00:18:45,320 --> 00:18:50,080
So the US dollar is 92% cheaper.
Oil is 92% cheaper. 

342
00:18:50,080 --> 00:18:54,880
Gold is 91% cheaper. 
S&P 500 is 86% cheaper. the 

343
00:18:55,000 --> 00:18:59,760
United States medium new house 
is 86% cheaper. 

344
00:18:59,760 --> 00:19:04,240
If you've been living on a 
Bitcoin standard, life gets 

345
00:19:04,240 --> 00:19:06,680
cheaper. 
The American dream is not dead. 

346
00:19:06,840 --> 00:19:10,240
In fact, the American dream has 
been exported worldwide. 

347
00:19:10,680 --> 00:19:13,680
Anybody in the world could live 
the American Dream. 

348
00:19:13,840 --> 00:19:17,080
The American dream is if you 
work hard enough and you put 

349
00:19:17,080 --> 00:19:20,960
your head down and you believe 
you have the ability to live a 

350
00:19:20,960 --> 00:19:25,040
great life, be able to afford a 
home, and now you can do that 

351
00:19:25,040 --> 00:19:27,840
with Bitcoin. 
If you earn in Bitcoin, mine 

352
00:19:27,840 --> 00:19:32,360
Bitcoin and of course take that 
Bitcoin into self custody, you 

353
00:19:32,360 --> 00:19:35,200
can achieve that dream. 
You can achieve a better future 

354
00:19:35,200 --> 00:19:38,840
for your family, which was 
impossible for a lot of people 

355
00:19:39,040 --> 00:19:40,920
because of Fiat currencies, 
right? 

356
00:19:41,120 --> 00:19:45,040
So I think Kathy Wood against 
again, once again, breaking the 

357
00:19:45,040 --> 00:19:48,040
Bitcoin echo chamber, moving the
Overton window. 

358
00:19:48,040 --> 00:19:49,760
I know you guys are going to 
hate me for that, but I'm going 

359
00:19:49,760 --> 00:19:53,080
to keep hammering that concept 
in your guys's head, moving the 

360
00:19:53,080 --> 00:19:56,720
Overton window and getting to 
the people, you know, the the 

361
00:19:56,720 --> 00:19:58,240
boomers. 
Really that are watching that 

362
00:19:58,240 --> 00:20:01,920
type of television and getting 
them to understand like look a 

363
00:20:01,920 --> 00:20:07,160
currency can exist that isn't 
controlled by the government and

364
00:20:07,160 --> 00:20:10,280
not only can it exist by it not 
being controlled by the 

365
00:20:10,280 --> 00:20:14,160
government, but it is actually 
even a superior currency to a 

366
00:20:14,160 --> 00:20:16,960
currency that is controlled and 
managed by the government, 

367
00:20:16,960 --> 00:20:19,000
right. 
So this is really, really is a 

368
00:20:19,000 --> 00:20:21,720
really big deal. 
We're making tremendous amount 

369
00:20:21,720 --> 00:20:24,520
of progress. 
And shout out to Kathy Wood, 

370
00:20:24,520 --> 00:20:27,800
Natalie Burnell, Anthony 
Pompliano that continue to 

371
00:20:27,800 --> 00:20:30,680
hammer that message home on 
legacy media. 

372
00:20:30,680 --> 00:20:34,760
And remember now there's a 
vehicle, there wasn't one before

373
00:20:34,880 --> 00:20:37,400
where a lot of these boomers 
that don't feel comfortable with

374
00:20:37,400 --> 00:20:40,280
self custody, perhaps they don't
feel comfortable with some of 

375
00:20:40,280 --> 00:20:43,240
the on ramps. 
They can just get exposure 

376
00:20:44,000 --> 00:20:47,520
through the captured Bitcoin AK,
the Bitcoin ETFs, right? 

377
00:20:47,600 --> 00:20:50,000
Which I think is a step in the 
right direction at least. 

378
00:20:50,360 --> 00:20:53,120
Anyways, I want to get Doctor 
Albert's take on this and then 

379
00:20:53,200 --> 00:20:55,240
we'll we'll pass it on to my 
wife Sophia. 

380
00:20:56,720 --> 00:20:59,760
Yeah, you you said you said it 
just the way it is. 

381
00:21:00,040 --> 00:21:04,520
The over tin window is not only 
shifting, it's it's breaking. 

382
00:21:05,080 --> 00:21:11,200
You know, we hear things that we
never thought we would hear in 

383
00:21:11,200 --> 00:21:15,880
such a short period of time 
since I've started studying 

384
00:21:15,880 --> 00:21:20,360
Bitcoin. 
So it's been only three years. 

385
00:21:20,680 --> 00:21:25,840
And the kinds of things that 
we're hearing on CNBC and and 

386
00:21:25,840 --> 00:21:30,080
mainstream media has has 
totally, well, not totally, but 

387
00:21:30,960 --> 00:21:35,800
noticeably shifted in three 
years is not a long time when 

388
00:21:35,800 --> 00:21:41,400
we're talking about an entire 
monetary system that has been at

389
00:21:41,400 --> 00:21:46,760
the that has been the scam that 
has been hidden from us with 

390
00:21:46,760 --> 00:21:51,080
propaganda for decades, hundreds
of years. 

391
00:21:51,160 --> 00:21:57,080
So it's it's about to break. 
100% the the the floodgates are 

392
00:21:57,080 --> 00:22:00,640
about to break. 
Oh Sophie, we caught, we caught.

393
00:22:00,640 --> 00:22:06,840
You live. 
The poor thing has not stopped 

394
00:22:07,800 --> 00:22:10,360
since we went on air. 
Did you? 

395
00:22:10,560 --> 00:22:12,880
Did you miss? 
Did you miss the video? 

396
00:22:12,880 --> 00:22:14,040
Have you been? 
It seems like you have your 

397
00:22:14,040 --> 00:22:17,400
hands busy. 
No, I didn't actually. 

398
00:22:17,480 --> 00:22:21,800
And what's your take on it? 
Well it's really funny because 

399
00:22:21,800 --> 00:22:26,720
yesterday I was talking to my 
grandmother and she got upset at

400
00:22:26,720 --> 00:22:30,760
me because she said why haven't 
you told me about how to buy 

401
00:22:30,760 --> 00:22:32,360
Bitcoin? 
You told me you were going to 

402
00:22:32,360 --> 00:22:35,880
tell me how to buy Bitcoin and 
you haven't done it because I 

403
00:22:35,880 --> 00:22:40,800
have my money in this account 
and it only gives me 1% a year 

404
00:22:41,480 --> 00:22:47,440
and and so when I told her you 
know of course like I'll I'll 

405
00:22:47,440 --> 00:22:50,200
help you do it. 
It just made me realize that 

406
00:22:50,720 --> 00:22:54,600
this thing is catching on. 
Even my grandmother is starting 

407
00:22:54,600 --> 00:23:00,760
to want to buy Bitcoin and and 
people are realizing that it it 

408
00:23:00,760 --> 00:23:03,920
is a hedge and it is like the 
the old system is just not 

409
00:23:03,920 --> 00:23:08,440
working. 
So yeah, what Kathy Wood said is

410
00:23:08,440 --> 00:23:11,320
absolutely true and I think some
yes exactly. 

411
00:23:11,320 --> 00:23:14,280
Some boomers do love Bitcoin, 
and they're if they're catching 

412
00:23:14,280 --> 00:23:17,120
on, then I think that gives me a
lot of hope for future 

413
00:23:17,120 --> 00:23:21,240
generations. 100%, yeah. 
And I think it's just a matter 

414
00:23:21,240 --> 00:23:26,200
of keep messaging these that we 
we got to keep hammering, you 

415
00:23:26,200 --> 00:23:30,520
know these messages home, right?
A money can exist without 

416
00:23:30,520 --> 00:23:33,360
inflation. 
Money can exist without the 

417
00:23:33,360 --> 00:23:36,960
necessity of government managing
it or better said, mismanaging 

418
00:23:36,960 --> 00:23:40,240
it, because that's all they do. 
And I think these messages are 

419
00:23:40,240 --> 00:23:44,240
really, really important to kind
of echo and once again, just 

420
00:23:44,240 --> 00:23:47,360
break that Bitcoin echo chamber,
get that message out there. 

421
00:23:47,520 --> 00:23:49,040
All right everybody, let's get 
to the news. 

422
00:23:49,040 --> 00:23:52,680
We have a lot to talk about 
today, the binariness of 

423
00:23:52,680 --> 00:23:55,200
Bitcoin. 
It either goes to 0 or 1,000,000

424
00:23:55,600 --> 00:23:58,480
we have. 
We have some tweets by by some 

425
00:23:58,480 --> 00:24:01,520
influential people and of course
some videos by Michael Saylor. 

426
00:24:01,720 --> 00:24:05,120
And also in other news, it looks
like the US government is on the

427
00:24:05,120 --> 00:24:08,560
verge of selling some of that 
Silk Road Bitcoin that was 

428
00:24:08,560 --> 00:24:11,400
seized. 
So stay tuned, we have a lot 

429
00:24:11,400 --> 00:24:12,640
more to go. 
Let's check it out. 

430
00:24:12,640 --> 00:24:17,800
Here we go. 
The Daily News. 

431
00:24:19,360 --> 00:24:22,920
I wanna give a shout out to our 
sponsor, Foundation Devices. 

432
00:24:23,200 --> 00:24:26,440
It's self custody done right. 
They built a premium grade 

433
00:24:26,440 --> 00:24:29,880
hardware wallet called Passport 
right here in the US. 

434
00:24:29,880 --> 00:24:32,240
It's fully open source and 
verifiable. 

435
00:24:32,440 --> 00:24:35,920
It's the most intuitive Bitcoin 
wallet designed with the UX, 

436
00:24:35,920 --> 00:24:39,640
reminiscent of a simple feature 
phone, so you will know how to 

437
00:24:39,640 --> 00:24:41,840
navigate it and use it the 
moment you pick it up. 

438
00:24:42,200 --> 00:24:45,480
Get your Bitcoin off exchanges 
and into your into your own 

439
00:24:45,480 --> 00:24:48,320
hands in just a few minutes, 
experience the Peace of Mind 

440
00:24:48,320 --> 00:24:50,920
that comes with taking ownership
of your own keys. 

441
00:24:51,120 --> 00:24:55,680
After a massive sellout during 
Bitcoin Miami 2023, the Passport

442
00:24:55,680 --> 00:24:58,560
is back in stock at 
foundationdevices.com. 

443
00:24:58,960 --> 00:25:02,600
Bitcoin only, open source, 
verifiable completely air gap 

444
00:25:02,720 --> 00:25:06,560
security model, gorgeous design,
craft premium grade materials. 

445
00:25:06,760 --> 00:25:09,920
If you're thinking about getting
your Bitcoin off exchanges, this

446
00:25:09,920 --> 00:25:12,640
is the one for you. 
Check out the passport link in 

447
00:25:12,640 --> 00:25:14,600
the show notes below to learn 
more. 

448
00:25:15,240 --> 00:25:17,600
All right ladies and gentlemen, 
incredibly easy for you guys. 

449
00:25:17,600 --> 00:25:20,040
You could scan the QR code on 
your screen. 

450
00:25:20,040 --> 00:25:23,160
It'll take you directly to the 
Foundation Devices website where

451
00:25:23,160 --> 00:25:25,760
you can get yourself a Passport 
hardware wallet. 

452
00:25:25,760 --> 00:25:29,640
Remember guys, not your keys, 
Not your cheese. 

453
00:25:29,640 --> 00:25:33,800
All right, quick ETF update. 
It seems like it They're slowing

454
00:25:33,800 --> 00:25:38,480
down honestly on the on the 
purchases, but BlackRock is 

455
00:25:38,480 --> 00:25:41,600
still up nonetheless. 
Last time yesterday I believe it

456
00:25:41,600 --> 00:25:47,040
was at 253,000 Bitcoin, now it's
at 256,000 Bitcoin. 

457
00:25:47,200 --> 00:25:50,240
Fidelity seems to have had a 
little bit of an uptake as well.

458
00:25:50,360 --> 00:25:53,800
Yesterday there they were at 
143,000 Bitcoin. 

459
00:25:53,800 --> 00:25:58,040
Currently they're sitting at 
146,000 bitcoins and seems like 

460
00:25:58,040 --> 00:26:01,520
the institutional inflows seem 
to be slowing down a little bit.

461
00:26:01,520 --> 00:26:04,000
But they're still going up, 
which is a good news. 

462
00:26:04,000 --> 00:26:07,120
And of course the grayscale 
people are just trying to get 

463
00:26:07,120 --> 00:26:10,080
rid of that as fast as humanly 
possible. 

464
00:26:10,080 --> 00:26:14,600
So quick ETF update. 
Also in other news, this is a 

465
00:26:14,640 --> 00:26:16,600
tweet by our friends over at 
Bitcoin Mag. 

466
00:26:17,000 --> 00:26:20,440
Shout out to Mike Germano, got 
to spend some time with him 

467
00:26:20,440 --> 00:26:24,360
yesterday President at Bitcoin 
Bitcoin Inc, BTC Inc. 

468
00:26:25,120 --> 00:26:31,280
So anyways, goes on to say US 
Bitcoin ETFs now hold over 4% of

469
00:26:31,280 --> 00:26:35,000
bitcoins total supply. 
And if you add that with Michael

470
00:26:35,000 --> 00:26:39,680
Saylor's 1%. 
So the ETFs and Michael Saylor's

471
00:26:39,680 --> 00:26:45,200
MicroStrategy already own 5% of 
Bitcoin's total supply. 

472
00:26:45,480 --> 00:26:47,320
Guys, there's not enough to go 
around. 

473
00:26:47,560 --> 00:26:50,800
The stat that I always throw 
throw out there, because it's 

474
00:26:50,800 --> 00:26:55,120
the one that makes sense to me 
the most, is that there's 6060 

475
00:26:55,120 --> 00:26:57,280
million millionaires all around 
the world. 

476
00:26:57,640 --> 00:27:00,680
But there's only 21 million 
Bitcoin, right? 

477
00:27:00,920 --> 00:27:03,840
So even if every single 
millionaire wanted to buy just 

478
00:27:03,840 --> 00:27:06,040
one, they physically could not, 
right? 

479
00:27:06,320 --> 00:27:09,000
So this is the thing. 
This is absolute scarcity. 

480
00:27:09,000 --> 00:27:12,120
This is why Bitcoin is the best 
performing asset of the last 10 

481
00:27:12,120 --> 00:27:15,000
years. 
So anyways, So what I want to 

482
00:27:15,000 --> 00:27:20,200
talk about today is specifically
the whole $1 million, you know, 

483
00:27:20,200 --> 00:27:23,480
that keeps being thrown around. 
I think we did an episode a 

484
00:27:23,480 --> 00:27:26,200
couple days ago. 
Again, this $1 million number. 

485
00:27:26,440 --> 00:27:27,960
And I think a lot of people are 
seeing it. 

486
00:27:27,960 --> 00:27:30,040
I think a lot of people are 
seeing the writing on the wall. 

487
00:27:30,200 --> 00:27:35,280
Here's here's Martin Shkreli. 
He is kind of famous for the 

488
00:27:35,280 --> 00:27:38,280
whole, like he was the the whole
pharma bro. 

489
00:27:38,480 --> 00:27:43,280
He spent some time in jail, but 
basically he was, you know, this

490
00:27:43,280 --> 00:27:46,160
very successful businessman. 
Then you know, he got charged 

491
00:27:46,160 --> 00:27:49,000
with all these crimes. 
He spent a couple years in jail.

492
00:27:49,240 --> 00:27:50,840
Anyways, he's a very public 
figure. 

493
00:27:51,240 --> 00:27:53,040
Some people call him divisive 
figure. 

494
00:27:53,560 --> 00:27:57,240
But anyways, very interesting in
terms of what he had to say here

495
00:27:57,240 --> 00:28:01,960
in this tweet he says I think 
there's a 75% chance of Bitcoin 

496
00:28:01,960 --> 00:28:05,400
being $1 million by the end of 
year, by year end. 

497
00:28:05,640 --> 00:28:07,960
I can't talk about the thesis, 
but that's it. 

498
00:28:08,040 --> 00:28:11,120
My prediction, very similar. 
You're hearing something very 

499
00:28:11,120 --> 00:28:13,080
similar from Samsung Mau as 
well. 

500
00:28:13,200 --> 00:28:15,680
So we keep hearing this $1 
million number. 

501
00:28:16,120 --> 00:28:19,880
Maybe people are feeling 
euphoric because of the of the 

502
00:28:20,120 --> 00:28:22,640
of the Bitcoin bull market. 
Some of the comments are 

503
00:28:22,640 --> 00:28:24,640
interesting. 
Here is duality. 

504
00:28:24,640 --> 00:28:27,920
He's responding to Martin's 
tweet and it says if Bitcoin hit

505
00:28:27,920 --> 00:28:30,880
1,000,000 dollars by end of year
then that would mean we'd reach 

506
00:28:30,920 --> 00:28:34,600
a systemic collapse of Fiat 
confidence and likely the worst 

507
00:28:34,600 --> 00:28:38,760
recessions last depression 
anyone alive has experienced. 

508
00:28:38,800 --> 00:28:43,440
Retail FOMO alone can't drive a 
top like that over the short of 

509
00:28:43,920 --> 00:28:46,120
duration. 
Now I also want to like mention,

510
00:28:46,120 --> 00:28:48,320
and I know it's a little bit 
different because bitcoin's 

511
00:28:48,320 --> 00:28:53,400
market cap is so much bigger. 
But you know in 2017 we went 

512
00:28:53,400 --> 00:28:57,680
from 1000 U.S. dollars to 20,000
U.S. dollars. 

513
00:28:57,680 --> 00:28:59,440
That's about a 20X. 
OK. 

514
00:28:59,880 --> 00:29:02,960
So obviously, you know it's law 
of big numbers. 

515
00:29:02,960 --> 00:29:06,360
It's a lot harder for Bitcoin to
20X, that's 66,000. 

516
00:29:06,680 --> 00:29:11,760
But just even a 10X would put 
Bitcoin at 660,000, which is 

517
00:29:11,760 --> 00:29:15,640
pretty close to 1,000,000. 
So again, from, you know, from a

518
00:29:15,640 --> 00:29:19,520
historical standpoint, I know it
sounds crazy, but if if I would 

519
00:29:19,520 --> 00:29:25,080
have told you back in 2017, in 
January of 2017 that Bitcoin was

520
00:29:25,080 --> 00:29:29,160
gonna be at 20K in December of 
2017, you would have laughed me 

521
00:29:29,160 --> 00:29:32,120
out of the room. 
And again, all the stars are 

522
00:29:32,120 --> 00:29:33,680
aligning. 
That's why I showed you guys 

523
00:29:33,680 --> 00:29:38,560
this tweet by Bitcoin Magazine. 
US Bitcoin ETFs now hold over 4%

524
00:29:38,560 --> 00:29:42,920
of bitcoins total supply. 
MicroStrategy holds another 1%. 

525
00:29:43,440 --> 00:29:47,040
All the big tech companies 
haven't even started getting 

526
00:29:47,040 --> 00:29:49,560
their feet wet. 
They haven't even started 

527
00:29:49,560 --> 00:29:51,640
getting exposure to Bitcoin, 
except for Tesla. 

528
00:29:51,640 --> 00:29:54,680
They're holding Bitcoin, but 
Google hasn't started buying. 

529
00:29:54,680 --> 00:29:56,960
Apple started hasn't started 
buying, right. 

530
00:29:57,160 --> 00:30:00,600
So I mean like look, like all 
you need is one of these 

531
00:30:00,600 --> 00:30:03,360
companies to announce that 
they're following micro 

532
00:30:03,360 --> 00:30:08,320
strategies strategy and you know
all the the dam just breaks, 

533
00:30:08,320 --> 00:30:11,560
right? 
Anyway, so here is a a a video 

534
00:30:11,560 --> 00:30:14,360
of Michael Saylor talking about 
the whole binary aspect of 

535
00:30:14,360 --> 00:30:17,040
Bitcoin. 
I truly believe in this as well.

536
00:30:17,040 --> 00:30:20,800
I actually tweeted about this 
many years before Michael Saylor

537
00:30:20,800 --> 00:30:22,560
said this on TVI. 
Don't think he, I don't think he

538
00:30:22,560 --> 00:30:26,240
mentions the binary aspect. 
But for me it's always it's 

539
00:30:26,240 --> 00:30:28,520
been, it's it's common sense, 
right? 

540
00:30:28,720 --> 00:30:32,400
Bitcoin either continues to go 
up, you know, or it's going to 

541
00:30:32,400 --> 00:30:35,240
0. 
Like the reason that I believe 

542
00:30:35,240 --> 00:30:40,280
that's the case is because of 
the, you know, the the, the the 

543
00:30:40,320 --> 00:30:43,360
having rewards keep getting cut 
in half, right. 

544
00:30:43,800 --> 00:30:47,680
What incentive do the miners 
have right, to keep mining this 

545
00:30:47,680 --> 00:30:49,480
right. 
So obviously the profitability 

546
00:30:49,480 --> 00:30:53,160
has to be there, the number, the
number has to go up. 

547
00:30:53,160 --> 00:30:55,960
The halving gets the, you know, 
the the the supply keeps 

548
00:30:55,960 --> 00:30:58,320
shrinking. 
The amount of Bitcoin being 

549
00:30:58,320 --> 00:31:02,240
available keeps shrinking, but 
demands either stays the same or

550
00:31:02,240 --> 00:31:04,360
keeps rising, right. 
And it's just basically fix 

551
00:31:04,360 --> 00:31:06,120
supply and demand, the price 
goes up. 

552
00:31:06,320 --> 00:31:10,400
Anyways, here is Michael Saylor 
on CNNBC once again shifting the

553
00:31:10,400 --> 00:31:11,920
Overton window. 
I know a lot of you guys are 

554
00:31:11,920 --> 00:31:15,000
going to hate me for saying 
that, but let's check it out, 2%

555
00:31:15,000 --> 00:31:18,320
and and I think that's really 
driving the trend. 

556
00:31:18,320 --> 00:31:20,160
It's I've said before. 
If. 

557
00:31:20,160 --> 00:31:22,760
Bitcoin's not going to zero, 
it's going to a million. 

558
00:31:22,880 --> 00:31:25,320
The real question is, is it 
legitimate asset? 

559
00:31:25,560 --> 00:31:28,520
If it's a legitimate 
institutional asset, everybody 

560
00:31:28,520 --> 00:31:33,760
is under allocated to it, so 2% 
and so I mean and I look it 

561
00:31:33,760 --> 00:31:36,880
speaks for itself, right. 
You know it's either going to 0 

562
00:31:37,120 --> 00:31:41,560
or it's going to a million. 
And in he he mentioned, he said 

563
00:31:41,560 --> 00:31:44,480
something really interesting, 
which is, is this a legitimate 

564
00:31:44,480 --> 00:31:48,160
institutional asset. 
I mean, you tell me. 

565
00:31:48,160 --> 00:31:52,680
You literally have the CEO of 
the largest asset manager in the

566
00:31:52,680 --> 00:31:57,240
world, Larry Fink, going on the 
legacy media, and he's literally

567
00:31:57,240 --> 00:32:00,760
telling everybody that, you 
know, he's literally talking the

568
00:32:00,760 --> 00:32:02,880
Bitcoin ethos. 
He's literally talking it, 

569
00:32:03,080 --> 00:32:07,640
talking that to his entire 
audience about how, you know the

570
00:32:07,680 --> 00:32:12,440
Bitcoin ETF is the most 
successful ETF in the history of

571
00:32:12,440 --> 00:32:16,440
ETFs, right? 
There's 3100 ETFs in the US The 

572
00:32:16,480 --> 00:32:19,760
there's two Bitcoin ETFs that 
are already in the top five. 

573
00:32:20,080 --> 00:32:23,000
So you tell me, do you think 
it's already, you know, a 

574
00:32:23,000 --> 00:32:26,640
legitimate institutional asset? 
I think that's already the case.

575
00:32:26,640 --> 00:32:30,200
I think it's incredibly obvious.
It's really not rocket science. 

576
00:32:30,880 --> 00:32:33,560
In other news, I do want to talk
about this as well and then I'll

577
00:32:33,560 --> 00:32:37,000
get our panelists's thoughts. 
So this is a tweet by Bitcoin 

578
00:32:37,000 --> 00:32:39,400
archive. 
U.S. government just moved 

579
00:32:39,400 --> 00:32:41,920
30,000 Bitcoin from the Silk 
Road hack. 

580
00:32:42,240 --> 00:32:45,200
It's currently worth $2 billion.
And you know where they moved it

581
00:32:45,240 --> 00:32:47,080
to? 
They moved it to Coinbase. 

582
00:32:47,080 --> 00:32:50,640
Here is a Bitcoin Magazine 
article gives a little bit more 

583
00:32:50,640 --> 00:32:52,760
detail. 
Goes on to say today the US 

584
00:32:52,760 --> 00:32:55,880
government sent a transaction 
that appears to indicate it may 

585
00:32:55,880 --> 00:32:58,360
be on the verge of liquidating 
the remaining Bitcoin it 

586
00:32:58,360 --> 00:33:01,200
confiscated from the online 
marketplace of Silk Road. 

587
00:33:01,560 --> 00:33:06,120
According to On Chain Data, a 
.001 Bitcoin test transaction, 

588
00:33:06,120 --> 00:33:10,360
part of a larger stash of 
approximately 30,174 Bitcoin 

589
00:33:10,560 --> 00:33:14,360
worth $2 billion linked to the 
infamous Silk Road marketplace, 

590
00:33:14,360 --> 00:33:17,080
was moved by the US government. 
Coinbase, the largest 

591
00:33:17,080 --> 00:33:19,520
cryptocurrency exchange in the 
United States, received the 

592
00:33:19,520 --> 00:33:22,560
transaction from the Silk Road 
related funds. 

593
00:33:22,880 --> 00:33:25,760
Arkham Intelligence first 
identified the origins of where 

594
00:33:25,760 --> 00:33:28,880
the Bitcoin was coming from and 
the coins destination of 

595
00:33:28,880 --> 00:33:31,120
Coinbase. 
It appears the purpose of this 

596
00:33:31,120 --> 00:33:35,000
transaction is to sell the coins
at it has previously done so in 

597
00:33:35,000 --> 00:33:37,120
the past. 
Last March, the US government 

598
00:33:37,120 --> 00:33:41,440
sold off 10,000 Bitcoin related 
to Silk Road, selling just over 

599
00:33:41,560 --> 00:33:48,600
9861 Bitcoin worth $216 million.
OK, a couple things here. 

600
00:33:49,440 --> 00:33:52,080
Thing Number one, that was a 
horrible trade. 

601
00:33:52,080 --> 00:33:54,400
Last March they got absolutely 
wrecked. 

602
00:33:54,400 --> 00:33:55,640
They could have waited a little 
bit. 

603
00:33:55,920 --> 00:33:58,960
Second thing, why are they 
selling something that is 

604
00:33:58,960 --> 00:34:03,920
absolutely scarce for dollars of
which they can just create out 

605
00:34:03,920 --> 00:34:07,280
of thin air? 
Just loyalty. 

606
00:34:07,680 --> 00:34:12,600
I mean, just like that. 
That in my mind makes absolutely

607
00:34:12,600 --> 00:34:15,480
no sense, right? 
Like it like like are they just 

608
00:34:15,480 --> 00:34:18,920
taking like a, you know, are 
they just taking like a like an 

609
00:34:18,920 --> 00:34:20,400
ideological. 
Of course they are. 

610
00:34:20,400 --> 00:34:21,719
They're taking an ideological 
stance. 

611
00:34:21,719 --> 00:34:24,719
And they're saying like, oh, you
know, like we can't have this. 

612
00:34:25,440 --> 00:34:28,120
And one last observation, then 
I'm going to pass it on to the 

613
00:34:28,120 --> 00:34:32,400
panelist. 
The fee for moving for moving 

614
00:34:32,400 --> 00:34:40,560
$1.9 billion was $1.48. 
Name me something else that 

615
00:34:40,560 --> 00:34:41,840
could do that. 
Nothing. 

616
00:34:41,840 --> 00:34:43,719
It doesn't exist. 
It's going up forever. 

617
00:34:43,719 --> 00:34:46,080
Laura. 
Anyways, I want to get Albert's 

618
00:34:46,080 --> 00:34:50,159
thoughts on this and then we'll 
we'll pass it on to my beautiful

619
00:34:50,159 --> 00:34:52,120
wife, Sophia. 
Albert, what are your thoughts? 

620
00:34:54,440 --> 00:34:57,520
Yeah. 
So just to add to what you just 

621
00:34:57,520 --> 00:35:00,840
said about the fee, it also got 
settled. 

622
00:35:01,080 --> 00:35:05,440
Final settlement, probably 6 
confirmations, one hour. 

623
00:35:05,640 --> 00:35:07,960
What else can, what else can do 
that? 

624
00:35:07,960 --> 00:35:12,280
If it was gold, it would 
probably take 2-3 weeks and 

625
00:35:12,280 --> 00:35:17,080
however many millions of dollars
to move that with all the 

626
00:35:17,080 --> 00:35:21,520
security guards and the freight 
and the energy and gas required 

627
00:35:21,920 --> 00:35:23,520
and you don't even know you're 
getting real gold. 

628
00:35:23,680 --> 00:35:29,320
So that's that 100%. 
Yeah, I have. 

629
00:35:30,000 --> 00:35:36,520
It makes no sense for them like 
like you said, to sell something

630
00:35:36,520 --> 00:35:42,320
night for something that they 
themselves can just create at 

631
00:35:42,320 --> 00:35:44,760
will. 
It's it's I guess they're 

632
00:35:44,960 --> 00:35:46,920
they're as stupid as we think 
they are. 

633
00:35:48,000 --> 00:35:50,280
There's there's no other 
explanation than stupidity. 

634
00:35:50,280 --> 00:35:53,280
They don't understand. 
They don't understand Bitcoin. 

635
00:35:54,240 --> 00:35:57,160
So no, no, they don't understand
Bitcoin and if they did 

636
00:35:57,160 --> 00:35:59,560
understand Bitcoin then they 
they wouldn't sell it. 

637
00:35:59,560 --> 00:36:01,360
And then I'll, I'll pass it back
to you, Albert. 

638
00:36:01,360 --> 00:36:07,000
Like, like the the whole aspect 
of the Martin Shkreli, you know 

639
00:36:07,000 --> 00:36:09,960
price prediction of $1 million 
by end of the year, very similar

640
00:36:09,960 --> 00:36:11,920
to like kind of Samsung Mau as 
well. 

641
00:36:12,280 --> 00:36:16,200
And then also the binary aspect 
of Bitcoin, Do you agree with me

642
00:36:16,200 --> 00:36:19,160
that Bitcoin is binary, it 
either goes to 0 or it keeps 

643
00:36:19,160 --> 00:36:21,480
going up forever. 
What are your thoughts on that? 

644
00:36:22,080 --> 00:36:24,840
Yeah, definitely think it's 
binary. 

645
00:36:25,280 --> 00:36:30,480
It's either going to Infinity 
against the US dollar, which by 

646
00:36:30,480 --> 00:36:33,520
the way it it, it doesn't 
matter. 

647
00:36:35,360 --> 00:36:38,480
Who cares if it goes to a 
billion U.S. dollars. 

648
00:36:38,520 --> 00:36:44,000
It's it's like it's it's this 
the US dollar to the Zimbabwe 

649
00:36:44,000 --> 00:36:47,160
dollar is like Bitcoin to the US
dollar. 

650
00:36:47,480 --> 00:36:53,960
So why do we care if if Zimbabwe
dollars go to Infinity, I mean 

651
00:36:54,200 --> 00:36:58,360
it, we're not going to go and 
start stacking Zimbabwe dollars,

652
00:36:58,360 --> 00:36:59,760
are we? 
No, of course not. 

653
00:37:00,240 --> 00:37:04,120
So same thing for the US dollar,
it's it's going to go with 

654
00:37:04,120 --> 00:37:08,160
1,000,010 million, 100 million, 
but who cares? 

655
00:37:08,400 --> 00:37:12,440
The only time that it actually 
matters is if you need to buy 

656
00:37:12,440 --> 00:37:15,640
something in the short term. 
So if you have some Bitcoin and 

657
00:37:15,640 --> 00:37:19,520
it goes to $1,000,000 and you 
cash out and you buy a house in 

658
00:37:19,520 --> 00:37:22,000
six months from now, then great,
yeah, you did well. 

659
00:37:22,480 --> 00:37:27,640
But other than that, it makes no
sense to think of Bitcoin in 

660
00:37:27,640 --> 00:37:31,400
terms of the US dollar. 
That's my thought on that. 

661
00:37:32,160 --> 00:37:34,560
Yeah, 100 percent, 100% agree 
with you. 

662
00:37:34,880 --> 00:37:36,960
Sophie, what are your thoughts 
on this, Sophie? 

663
00:37:36,960 --> 00:37:40,400
So Sophie's been a trooper, and 
the reason that she's been a 

664
00:37:40,400 --> 00:37:43,800
trooper is because you know, 
what tends to happen with with 

665
00:37:43,800 --> 00:37:46,600
Bitcoin wives is, you know, 
they're support their husbands. 

666
00:37:46,600 --> 00:37:49,480
But for the first couple of 
years they think, you know, 

667
00:37:49,480 --> 00:37:52,240
their husbands are absolutely 
batshit crazy. 

668
00:37:52,240 --> 00:37:55,680
And then the number go up does 
what number go up does? 

669
00:37:55,680 --> 00:37:59,080
And then all of a sudden they're
like 21 million and the fucking 

670
00:37:59,080 --> 00:38:02,920
Fed and this Bitcoin thing was 
absolutely awesome. 

671
00:38:02,920 --> 00:38:06,640
My husband's a genius, right? 
But it's always like the, like, 

672
00:38:06,640 --> 00:38:10,400
steps, you know, the first one 
or two years, three years, you 

673
00:38:10,400 --> 00:38:12,880
know, it's like you're 
absolutely batshit crazy. 

674
00:38:13,080 --> 00:38:16,400
Your parents in law are like, 
this kid is fucking crazy and 

675
00:38:16,400 --> 00:38:18,920
then all of a sudden, you know, 
number go up, Does what number 

676
00:38:18,920 --> 00:38:19,840
go up does? 
Right. 

677
00:38:20,040 --> 00:38:23,480
So Sophie, back to you. 
You know, do you agree with the 

678
00:38:23,480 --> 00:38:26,640
binary aspect of Bitcoin, that 
$1 million prediction? 

679
00:38:26,640 --> 00:38:28,640
I know it's very, very 
aggressive, but I want to get 

680
00:38:28,640 --> 00:38:30,960
your thoughts. 
It's really, it's really not 

681
00:38:30,960 --> 00:38:34,760
that aggressive like you said, 
because it is an absolute, 

682
00:38:35,040 --> 00:38:40,400
absolutely scarce resource. 
But more than that, I think that

683
00:38:40,400 --> 00:38:43,240
the reason people are seeing the
writing on the walls to why 

684
00:38:43,240 --> 00:38:47,600
Bitcoin will shoot up to that 
quantity and beyond because it's

685
00:38:47,600 --> 00:38:49,880
going up forever. 
Laura, as the great Michael 

686
00:38:49,880 --> 00:38:55,600
Saylor has said again and again 
and again is, is because there 

687
00:38:55,600 --> 00:38:57,880
is like this ominous writing on 
the wall. 

688
00:38:57,880 --> 00:39:03,400
I think that there are so many 
weird, like terrible things that

689
00:39:03,400 --> 00:39:06,560
are happening around the world. 
The devaluation of the dollar, 

690
00:39:06,760 --> 00:39:12,680
war in Ukraine, war in in Gaza. 
I think that there are so many 

691
00:39:13,880 --> 00:39:16,960
tumultuous things happening. 
There's an election happening at

692
00:39:16,960 --> 00:39:21,320
the end of the year that it's 
not crazy to think that some 

693
00:39:23,000 --> 00:39:26,680
terrible situation is going to 
happen where people are not 

694
00:39:26,680 --> 00:39:30,360
going to come to Bitcoin because
necessarily of money go up, 

695
00:39:30,480 --> 00:39:32,440
which would be great for all of 
us, right? 

696
00:39:32,440 --> 00:39:35,400
That would be a happy ending. 
But it is going to come because 

697
00:39:35,400 --> 00:39:39,840
it's going to go to that height 
because of something terrible 

698
00:39:39,840 --> 00:39:41,520
happening. 
I think it's going to come out 

699
00:39:41,520 --> 00:39:44,360
of necessity. 
And once it comes out of 

700
00:39:44,360 --> 00:39:47,760
necessity, that number is just 
going to keep going up forever 

701
00:39:47,760 --> 00:39:49,520
and ever. 
And those who thought we were 

702
00:39:49,520 --> 00:39:53,680
crazy, who thought that we were 
just, you know, crazy people 

703
00:39:53,680 --> 00:39:57,880
online talking about conspiracy 
theories and, you know, things 

704
00:39:57,880 --> 00:40:02,000
that could never happen, once 
those things do happen, then you

705
00:40:02,000 --> 00:40:03,840
know, we're going to, we're 
going to be the ones who are 

706
00:40:03,840 --> 00:40:06,840
prepared. 
And that's I think, why it'll go

707
00:40:06,840 --> 00:40:09,440
up. 
And I've said that time and time

708
00:40:09,440 --> 00:40:12,920
again, It's going to 
unfortunately take something 

709
00:40:12,920 --> 00:40:17,400
pretty awful. 
To orange pill the the masses 

710
00:40:17,400 --> 00:40:21,560
because Bitcoin is not 
necessarily the most convenient 

711
00:40:21,560 --> 00:40:24,920
technology to learn. 
It is going to save us all. 

712
00:40:25,320 --> 00:40:29,000
But a lot of people don't want 
to see that because they they 

713
00:40:29,000 --> 00:40:32,520
don't want to be inconvenienced 
and they don't want to take the 

714
00:40:32,520 --> 00:40:36,440
time to learn about how to 
change their monetary system. 

715
00:40:36,560 --> 00:40:40,560
Because again, it's it's 
difficult and it it takes 

716
00:40:40,800 --> 00:40:43,960
opening your eyes to the fact 
that you've been duped by the 

717
00:40:43,960 --> 00:40:49,720
system for most of your life in 
order to really, truly be orange

718
00:40:49,720 --> 00:40:56,160
peeled and make that change. 
So I I am scared of what's to 

719
00:40:56,160 --> 00:40:58,400
come. 
As much as I want Bitcoin to hit

720
00:40:58,400 --> 00:41:02,000
$1,000,000, I also think that 
that's a sign of something more 

721
00:41:02,000 --> 00:41:04,760
ominous to come. 
So we've all, we've all got to 

722
00:41:04,760 --> 00:41:07,240
be praying and watching each 
other's backs. 

723
00:41:08,120 --> 00:41:09,480
Yeah. 
I mean that's a that's a really 

724
00:41:09,480 --> 00:41:13,760
good take on on that aspect. 
But I mean yeah like it and it 

725
00:41:13,760 --> 00:41:16,520
and it and it kind of reminds me
of what Kathy Wood was saying in

726
00:41:16,520 --> 00:41:19,000
in you know in that clip earlier
on in the show right that 

727
00:41:19,000 --> 00:41:23,320
Bitcoin functions as this type 
of insurance right for kind of 

728
00:41:23,320 --> 00:41:26,560
like irresponsible you know 
government spending and all that

729
00:41:26,560 --> 00:41:28,400
stuff. 
So it it, it completely plays 

730
00:41:28,400 --> 00:41:31,520
into that narrative 100%. 
And also Sophie, I wanted to get

731
00:41:31,520 --> 00:41:36,120
your take on the on the US 
government selling. 

732
00:41:36,440 --> 00:41:39,680
Not only doing Sophie's. 
Sophie, you know, I'll give you 

733
00:41:39,680 --> 00:41:43,720
a little bit of a little bit of 
insider knowledge but Sophie 

734
00:41:43,720 --> 00:41:47,480
gives me, you know, crap all the
time for, you know, not buying 

735
00:41:47,480 --> 00:41:49,920
at the right time. 
Like we're like, should we DCA 

736
00:41:49,920 --> 00:41:53,080
lump sum like no idea. 
Like Sophie's like we should do 

737
00:41:53,080 --> 00:41:54,840
this. 
I should do this Like, you know,

738
00:41:54,840 --> 00:41:58,040
so we like try to like DCA 
Sometimes we can't help 

739
00:41:58,040 --> 00:42:04,280
ourselves and we just lump sum 
but talk about bad trades yet. 

740
00:42:04,280 --> 00:42:07,880
Kathy Wood sorry. 
You had the US government 

741
00:42:08,120 --> 00:42:13,120
selling 10,000 Bitcoin in March 
of last year. 

742
00:42:13,360 --> 00:42:17,200
I mean they got absolutely 
wrecked. 

743
00:42:17,400 --> 00:42:20,440
They would have gotten billions 
of dollars more for that 

744
00:42:20,440 --> 00:42:22,240
Bitcoin. 
And then that's not even the 

745
00:42:22,240 --> 00:42:25,240
crazy part, Sophie. 
The crazy part to me is they're 

746
00:42:25,240 --> 00:42:28,360
selling something that is 
absolutely scarce. 

747
00:42:28,680 --> 00:42:31,360
You can't create more of it 
unless you're going to invest in

748
00:42:31,360 --> 00:42:34,360
the mining infrastructure and 
then they're selling it for 

749
00:42:34,360 --> 00:42:36,960
something that they can 
literally just create out of 

750
00:42:36,960 --> 00:42:40,320
thin air, which is absolutely, 
absolutely insane. 

751
00:42:40,440 --> 00:42:43,400
And I think it's a testament to 
the dysfunction of government. 

752
00:42:43,400 --> 00:42:46,480
What are your thoughts on that? 
I think, I mean, it's like I 

753
00:42:46,480 --> 00:42:50,680
said to you earlier, loyalty, 
right to their own corrupt 

754
00:42:50,680 --> 00:42:54,680
system. 
And also why would they enable 

755
00:42:54,680 --> 00:42:59,040
the system that is going to be 
the cause of their downfall? 

756
00:42:59,720 --> 00:43:02,200
You know what I'm saying? 
Like, it was a terrible trade, 

757
00:43:02,200 --> 00:43:04,960
but I think they were willing to
take the L for the sake of 

758
00:43:04,960 --> 00:43:09,520
appearing as the stronghold. 
Because remember, Fiat is not 

759
00:43:09,520 --> 00:43:12,360
backed by anything. 
It's backed by an idea. 

760
00:43:12,600 --> 00:43:16,960
And the idea is that the United 
States is solid. 

761
00:43:17,120 --> 00:43:20,600
We are not trillions and 
trillions of dollars in debt. 

762
00:43:20,800 --> 00:43:27,080
We are productive. 
We don't have a health crisis on

763
00:43:27,080 --> 00:43:29,640
our shoulders, both mentally and
physically. 

764
00:43:30,480 --> 00:43:33,000
It's so. 
So the appearances are very 

765
00:43:33,000 --> 00:43:36,040
important for the sake of 
maintaining Fiat. 

766
00:43:36,200 --> 00:43:38,360
Fiat is actually all about 
appearances. 

767
00:43:38,360 --> 00:43:41,640
Even if you look at it 
culturally, somebody will, you 

768
00:43:41,640 --> 00:43:46,760
know, buy a car, for example, 
that is completely out of their 

769
00:43:46,760 --> 00:43:51,040
means just so that they can keep
up appearances of, you know, 

770
00:43:51,040 --> 00:43:53,360
have it like having importance 
in society. 

771
00:43:53,560 --> 00:43:56,560
This is kind of the same thing. 
I think that them selling 

772
00:43:57,240 --> 00:44:01,800
Bitcoin at that price is to keep
up the appearance that that 

773
00:44:01,800 --> 00:44:04,440
Bitcoin is never gonna catch on.
It's just this like new 

774
00:44:04,440 --> 00:44:09,520
technology Internet magic money 
thing that you the real money is

775
00:44:09,520 --> 00:44:12,120
the dollar. 
The real money is like this is 

776
00:44:12,120 --> 00:44:16,480
what we need to like express to 
the public. 

777
00:44:16,480 --> 00:44:18,960
And so, you know, they're 
they're willing to take the L to

778
00:44:18,960 --> 00:44:23,320
keep up appearances, but at the 
end of the day, you can't stop 

779
00:44:23,760 --> 00:44:26,560
Bitcoin. 
And they're gonna really wish 

780
00:44:26,600 --> 00:44:29,280
that they hadn't traded that in 
at, you know, if they hadn't, 

781
00:44:29,280 --> 00:44:32,440
they would have more money to 
keep funding wars overseas right

782
00:44:32,440 --> 00:44:33,880
now. 
Amen. 

783
00:44:33,920 --> 00:44:36,280
Amen that. 
Wow, that was such a great take.

784
00:44:36,280 --> 00:44:38,640
I completely agree. 
It's the keep up appearances 

785
00:44:38,640 --> 00:44:41,120
100%. 
This is the strong dollar. 

786
00:44:41,120 --> 00:44:43,840
You know this magic Internet 
money you know, but they I I 

787
00:44:43,840 --> 00:44:46,680
think they can only keep that 
for like they can only keep that

788
00:44:46,680 --> 00:44:48,880
up for so long. 
I think market forces are gonna 

789
00:44:48,880 --> 00:44:51,680
do what market forces do best. 
I think, you know, once 

790
00:44:51,680 --> 00:44:55,600
countries like El Salvador 
continue to thrive and then, you

791
00:44:55,600 --> 00:44:58,800
know, cities in the United 
States continue to deteriorate, 

792
00:44:58,960 --> 00:45:01,080
I think people are going to 
start asking more and more 

793
00:45:01,080 --> 00:45:03,160
questions. 
And I think this is really why 

794
00:45:03,160 --> 00:45:06,960
you see the rise of populism in 
really the last, you know, half 

795
00:45:06,960 --> 00:45:10,160
decade or so. 
Anyways, guys, it's going to be 

796
00:45:10,160 --> 00:45:12,320
a great show. 
I'm so excited because we're 

797
00:45:12,320 --> 00:45:17,280
going to talk to Doctor Albert. 
Doctor Albert, did he, He did a 

798
00:45:17,280 --> 00:45:20,440
bold move. 
He bit the bullet. 

799
00:45:21,120 --> 00:45:24,520
He moved to Freedom country, he 
moved to El Salvador. 

800
00:45:24,760 --> 00:45:27,440
And I'm really, really 
interested to hear what his 

801
00:45:27,440 --> 00:45:30,520
thought process was behind it. 
I I think I know he announced it

802
00:45:30,640 --> 00:45:33,040
before he did it, but now he did
it. 

803
00:45:33,040 --> 00:45:36,000
Now he's there. 
The proof is in the work, so 

804
00:45:36,000 --> 00:45:38,680
we're going to dive into that 
during the culture segment. 

805
00:45:38,680 --> 00:45:43,000
But before we get to that, I do 
want to give a shout out to our 

806
00:45:43,000 --> 00:45:46,880
sponsor, the Orange Pill App. 
Guys, I highly recommend this 

807
00:45:46,880 --> 00:45:47,640
app. 
Stack. 

808
00:45:47,640 --> 00:45:53,120
Friends who Stacks Sats joined 
the 9000 773 bitcoiners that are

809
00:45:53,120 --> 00:45:56,680
currently on the app. 
You can scan the QR code on your

810
00:45:56,680 --> 00:46:00,080
screen right now or you could 
check the link in the video 

811
00:46:00,080 --> 00:46:04,840
description and it will take you
to the App Store of your choice 

812
00:46:04,840 --> 00:46:07,680
where you can download the app. 
The Orange Pill app has this 

813
00:46:07,680 --> 00:46:12,720
awesome filtration system where 
literally you will only interact

814
00:46:12,720 --> 00:46:15,920
with bitcoiners. 
Who on the Orange Pelap you 

815
00:46:15,920 --> 00:46:19,640
won't find web three, you won't 
find shit coiners, you'll only 

816
00:46:19,640 --> 00:46:22,880
find bitcoiners. 
And what it does also is that it

817
00:46:22,880 --> 00:46:25,360
shows you the bitcoiners that 
are around your area. 

818
00:46:25,520 --> 00:46:28,840
And what I've tended to, what 
I've tended to notice is like, 

819
00:46:28,920 --> 00:46:31,000
you know you're on a different 
operating system than no 

820
00:46:31,000 --> 00:46:32,560
coiners. 
They don't really understand you

821
00:46:32,560 --> 00:46:34,240
anymore. 
You know who understands you? 

822
00:46:34,240 --> 00:46:38,000
Bitcoiners and Orange Pelap. 
It allows you to connect with 

823
00:46:38,040 --> 00:46:41,400
other like minded individuals. 
Not to mention the fact that 

824
00:46:41,400 --> 00:46:44,120
bitcoiners are going to be the 
most powerful and influential 

825
00:46:44,120 --> 00:46:48,200
people in the next decade, so 
probably maybe be a good idea to

826
00:46:48,440 --> 00:46:52,440
stack friends who stacks that. 
So go check out the orange pull 

827
00:46:52,440 --> 00:46:54,160
up today. 
It's also the number one 

828
00:46:54,160 --> 00:46:56,920
resource for creating Bitcoin 
only events. 

829
00:46:57,240 --> 00:47:00,760
You can again scan the QR code 
or check the link in the video 

830
00:47:00,760 --> 00:47:02,960
description. 
And I'm also extremely active, 

831
00:47:02,960 --> 00:47:06,120
so I really appreciate all the 
messages that you're sending me 

832
00:47:06,120 --> 00:47:08,840
on the Orange Pill app. 
I take the time to go through 

833
00:47:08,880 --> 00:47:11,360
each and every single one of 
them and reply. 

834
00:47:11,480 --> 00:47:13,680
If you guys want to reach me 
directly, it's much better. 

835
00:47:13,680 --> 00:47:15,880
Hit me up on Orange Pill app, 
Don't hit me up on Twitter and 

836
00:47:15,880 --> 00:47:19,320
get flooded by the if you send 
me two Bitcoin, if you send me 

837
00:47:19,320 --> 00:47:22,000
one Bitcoin, I'll send you 2. 
So you can DM me on Orange Pill 

838
00:47:22,000 --> 00:47:25,080
app and also join the Simply 
Bitcoin Group on the Orange Pill

839
00:47:25,080 --> 00:47:26,480
app. 
All right, everybody, let's get 

840
00:47:26,480 --> 00:47:28,680
to the culture and talk to 
Doctor Albert. 

841
00:47:31,600 --> 00:47:39,720
The Daily Culture. 
I also want to give a shout out 

842
00:47:39,720 --> 00:47:42,160
to our other Sponsor Kaboom 
racks. 

843
00:47:42,160 --> 00:47:46,000
They're the most trusted place 
to buy, sell, and host mining 

844
00:47:46,000 --> 00:47:48,040
equipment. 
Check out the racks today. 

845
00:47:48,040 --> 00:47:51,280
You can do that by scanning the 
QR code or checking the link in 

846
00:47:51,280 --> 00:47:53,760
the video description. 
That will take you directly to 

847
00:47:53,760 --> 00:47:55,760
their Telegram marketplace. 
Or you can connect with the 

848
00:47:55,760 --> 00:47:57,960
member of their sales team. 
They make purchasing their 

849
00:47:57,960 --> 00:48:00,760
products easy and transparent. 
What about selling mining 

850
00:48:00,760 --> 00:48:02,560
equipment? 
Kaboom Racks has your back 

851
00:48:02,560 --> 00:48:05,680
access their vast network of 
domestic and international 

852
00:48:05,680 --> 00:48:08,920
customers when you sell your 
mining equipment with Kaboom 

853
00:48:08,920 --> 00:48:10,800
racks. 
This is where I personally buy 

854
00:48:10,920 --> 00:48:13,720
my Bitcoin Mining A6. 
What are you waiting for? 

855
00:48:13,720 --> 00:48:16,000
Start your Bitcoin mining jersey
today. 

856
00:48:16,280 --> 00:48:20,040
Check out Kaboom Racks, scan the
QR code or check the link in the

857
00:48:20,040 --> 00:48:22,840
video description. 
All right, no more delay. 

858
00:48:23,040 --> 00:48:26,560
I do want to have this 
conversation with Doctor Albert.

859
00:48:26,560 --> 00:48:29,800
Doctor Albert, last time you 
came on simply Bitcoin, you were

860
00:48:29,800 --> 00:48:32,360
talking about moving to El 
Salvador. 

861
00:48:32,600 --> 00:48:34,960
You finally did it. 
You finally, you know, you 

862
00:48:34,960 --> 00:48:36,920
finally pull up. 
Pulled the trigger. 

863
00:48:37,360 --> 00:48:39,160
What made you do that? 
Were you already? 

864
00:48:39,160 --> 00:48:39,800
You would. 
You are. 

865
00:48:39,800 --> 00:48:42,840
Were you always set on it? 
Were you always convinced that 

866
00:48:42,840 --> 00:48:46,080
you were going to do it or what?
What was the catalyst? 

867
00:48:46,080 --> 00:48:50,520
What made you finally get on a 
plane, sell your stuff in Fiat 

868
00:48:50,520 --> 00:48:52,960
country and move to Freedom 
Country? 

869
00:48:54,680 --> 00:48:58,360
Yeah, I was on your show back in
June. 

870
00:48:58,520 --> 00:49:04,360
I had, I actually had bought the
having party tickets in May of 

871
00:49:04,360 --> 00:49:09,160
last year thinking that we would
come here to check out El 

872
00:49:09,160 --> 00:49:13,320
Salvador and that the having 
party would be our first visit 

873
00:49:14,520 --> 00:49:17,680
and we would basically be 
tourists and check out the 

874
00:49:17,680 --> 00:49:22,480
country to see if it was a place
that we might want to move to. 

875
00:49:23,960 --> 00:49:25,840
Yeah. 
So that was May last year. 

876
00:49:26,480 --> 00:49:31,800
And then by the time I was on 
your show, our house was being 

877
00:49:31,800 --> 00:49:34,920
we, we were cleaning out our 
house and getting ready to sell 

878
00:49:34,920 --> 00:49:41,760
it because we realized that, 
well #1, it's a big a house, the

879
00:49:41,760 --> 00:49:48,400
biggest ship coin of the mall. 
And we can see that the housing,

880
00:49:48,640 --> 00:49:50,880
the real estate market is, is 
going to tank. 

881
00:49:51,240 --> 00:49:55,760
Well, it's it's going to either 
tank or it's going to 

882
00:49:57,280 --> 00:49:59,600
hyperinflate. 
When the dollar hyperinflates, 

883
00:49:59,880 --> 00:50:05,880
when people look to store value 
in hard assets such as houses in

884
00:50:05,880 --> 00:50:08,800
stocks, they might go up, but 
they're not going to go up 

885
00:50:08,800 --> 00:50:11,640
nearly as much as the dollar 
will go down. 

886
00:50:12,200 --> 00:50:16,560
So, so we were in the process of
selling the house or sorry, 

887
00:50:16,560 --> 00:50:19,080
cleaning out the house when I 
was on your show last. 

888
00:50:19,480 --> 00:50:22,240
And then a few weeks later we 
put it for sale. 

889
00:50:22,560 --> 00:50:33,520
And and as the months rolled by 
we just see more and more of of 

890
00:50:34,560 --> 00:50:40,920
what I had learned when I was 
studying Bitcoin and and history

891
00:50:41,000 --> 00:50:45,440
in other countries when a 
monetary system is collapsing. 

892
00:50:46,600 --> 00:50:49,440
And if you've ever read the book
The Mandibles. 

893
00:50:50,440 --> 00:50:51,800
So good. 
So good. 

894
00:50:51,840 --> 00:50:53,800
Such a good book. 
Yes, highly recommend. 

895
00:50:54,360 --> 00:50:59,080
I mean it's playing out like the
Mandibles and which which was 

896
00:50:59,080 --> 00:51:04,120
written I believe in two 
thousand 2017. 

897
00:51:04,720 --> 00:51:08,440
So it's not like the book was 
written a year or two ago. 

898
00:51:09,120 --> 00:51:14,800
It was written quite a while ago
and everything it predicts is 

899
00:51:14,800 --> 00:51:17,040
correct and it's not a Bitcoin 
book. 

900
00:51:17,040 --> 00:51:21,840
I believe it only mentions the 
word Bitcoin once but you know 

901
00:51:21,840 --> 00:51:25,920
now today I we're at the stage 
of squatters. 

902
00:51:27,440 --> 00:51:30,680
I I I don't know if you've seen 
that on Twitter. 

903
00:51:30,680 --> 00:51:35,720
All these houses squatters are 
taking over people's houses and 

904
00:51:35,720 --> 00:51:40,840
that was talked about in the 
mandibles and I when I was 

905
00:51:40,840 --> 00:51:46,200
reading the book I I just from 
knowing just from seeing what's 

906
00:51:46,200 --> 00:51:49,520
happened in other countries in 
the past I knew it was going to 

907
00:51:49,520 --> 00:51:54,120
happen and now it's happening. 
So you know things like that, I 

908
00:51:54,160 --> 00:51:59,640
mean other things would be, I 
mean you just look at society in

909
00:51:59,640 --> 00:52:02,280
general. 
People are becoming homeless, 

910
00:52:02,480 --> 00:52:06,680
drug addicted, you know, living 
in tents all over, you know it 

911
00:52:06,680 --> 00:52:11,320
used to be maybe a couple of big
cities in the US, but now it's 

912
00:52:11,360 --> 00:52:17,200
Toronto, smaller cities around 
Toronto, Vancouver, LA, 

913
00:52:17,280 --> 00:52:20,600
Philadelphia, Baltimore, 
Chicago, San Francisco, New 

914
00:52:20,600 --> 00:52:25,960
York. 
And I I don't it's it's crystal 

915
00:52:25,960 --> 00:52:28,880
clear to me. 
I may be wrong on the exact 

916
00:52:28,880 --> 00:52:34,560
timeline, but we're not waiting 
till till it completely 

917
00:52:34,560 --> 00:52:39,720
collapses on us and we're in 
danger before we move. 

918
00:52:40,640 --> 00:52:44,600
And once once people realize 
what's happening because 

919
00:52:44,600 --> 00:52:48,000
everybody's still asleep now or 
not everybody but majority of 

920
00:52:48,000 --> 00:52:53,440
people are still asleep and they
they they don't want to know the

921
00:52:53,440 --> 00:52:56,080
truth. 
They'd rather watch Netflix and 

922
00:52:56,080 --> 00:53:03,960
shop on Amazon rather than try 
to open their eyes and they they

923
00:53:03,960 --> 00:53:08,120
move their goal posts. 
I try to, I try to orange fill 

924
00:53:08,120 --> 00:53:10,480
my friends. 
I try to tell them what's 

925
00:53:10,480 --> 00:53:18,280
happening and it's, I don't know
the the typical response is, oh 

926
00:53:18,280 --> 00:53:22,640
that's in other countries and 
and then I show them, Oh well 

927
00:53:22,760 --> 00:53:26,720
now it's in Canada. 
Oh yeah, well, that's not in 

928
00:53:26,720 --> 00:53:28,880
Toronto. 
And I show them stuff in Toronto

929
00:53:29,480 --> 00:53:35,040
and then it still doesn't make 
them wake up because there's a 

930
00:53:35,040 --> 00:53:40,960
lot of cognitive dissonance. 
In order for them to to accept 

931
00:53:40,960 --> 00:53:45,560
the truth, they have to accept 
that that they've been fooled 

932
00:53:45,720 --> 00:53:49,400
their entire lives and 
especially the people who are 

933
00:53:49,400 --> 00:53:54,400
successful, they they would have
to admit that they they are only

934
00:53:54,400 --> 00:54:01,560
successful through a a not 
faulty what's the word? 

935
00:54:01,560 --> 00:54:04,200
I'm looking for a a scammy 
system. 

936
00:54:04,200 --> 00:54:07,320
They played the scam system. 
It wasn't their it wasn't 

937
00:54:07,320 --> 00:54:11,760
necessarily their hard work and 
intelligence that got them where

938
00:54:11,760 --> 00:54:14,680
they are. 
They played the game right, 

939
00:54:15,000 --> 00:54:19,760
which is borrow, borrow, borrow 
Fiat dollars and put it into 

940
00:54:19,760 --> 00:54:24,480
hard assets while us savers are 
getting poorer and poorer. 

941
00:54:24,920 --> 00:54:32,560
So yeah, so we, I just see the, 
I just saw the progression of 

942
00:54:32,640 --> 00:54:37,920
the of the decay of society 
happening on almost a month, 

943
00:54:38,160 --> 00:54:43,960
month to month basis. 
And and I just wanted to you 

944
00:54:43,960 --> 00:54:50,200
know if I'm wrong if somehow 
things magically turn around in 

945
00:54:50,200 --> 00:54:55,840
in in Canada, I just move back. 
I don't lose anything whereas if

946
00:54:55,840 --> 00:55:01,800
I'm right and people stay in a 
place that traps them in CBDC, 

947
00:55:02,280 --> 00:55:08,600
they can't get out. 
So that is probably the biggest 

948
00:55:08,760 --> 00:55:13,160
reason why why we said you know 
what, we were just going to come

949
00:55:13,160 --> 00:55:17,120
and visit during having party 
till to now. 

950
00:55:17,120 --> 00:55:23,120
We've moved here as of 6-7 weeks
ago, mid February and we're 

951
00:55:23,120 --> 00:55:27,720
happy we did it. 
We did a lot of research, mostly

952
00:55:27,720 --> 00:55:32,160
through Telegram, talking to 
people who actually came here 

953
00:55:32,160 --> 00:55:34,920
from all over the world, but 
especially Canada. 

954
00:55:36,760 --> 00:55:41,680
So we knew what to expect. 
It's not, it's not all you know,

955
00:55:41,680 --> 00:55:44,160
paradise. 
We know there's poverty here, 

956
00:55:45,240 --> 00:55:49,040
but but it's going to get 
better, or at least the chance 

957
00:55:49,040 --> 00:55:52,280
of it getting better. 
We're on the up. 

958
00:55:52,720 --> 00:55:55,600
Whereas the rest of the world, 
most of the rest of the world 

959
00:55:55,760 --> 00:56:00,360
are on the way down 100. 
Percent 100% and and I and I see

960
00:56:00,360 --> 00:56:04,400
that this is my first time you 
know in in El Salvador. 

961
00:56:04,400 --> 00:56:09,760
And I I see that come up like I 
said you know Sophie and I 

962
00:56:10,160 --> 00:56:16,160
specifically Sophie you know she
like we lived in in in different

963
00:56:16,160 --> 00:56:21,120
parts in Latin America and you 
know you it's a much different 

964
00:56:21,120 --> 00:56:27,320
vibe in El Salvador. 
It's a lot more hopeful and a 

965
00:56:27,400 --> 00:56:32,480
lot more energy and it's on the 
come up rather than you know, 

966
00:56:32,480 --> 00:56:35,000
the the come down. 
Now I wanted to ask you like 

967
00:56:35,160 --> 00:56:38,600
what were if anyone wanted to 
follow in your footsteps, Doctor

968
00:56:38,600 --> 00:56:43,280
Albert, you know what were what 
was the process So you purchased

969
00:56:43,280 --> 00:56:47,720
a home what was the how long did
it take to get a residency and 

970
00:56:47,960 --> 00:56:49,880
all that stuff. 
Was it complicated? 

971
00:56:49,960 --> 00:56:53,760
Yeah. 
Yeah, at the at the beginning 

972
00:56:53,760 --> 00:56:56,560
it's very, I guess sort of 
intimidating. 

973
00:56:57,480 --> 00:57:00,680
But as you delve into it, 
there's so many people who who 

974
00:57:02,200 --> 00:57:06,320
who've made the the, the move 
and they're very happy to share 

975
00:57:06,320 --> 00:57:10,600
with you the the links and 
resources and answer questions 

976
00:57:11,440 --> 00:57:14,840
on Telegram or WhatsApp or or or
whatever. 

977
00:57:15,320 --> 00:57:19,120
So OK, we're still waiting on 
our residency. 

978
00:57:19,120 --> 00:57:25,840
We applied about a month ago. 
So typically they say it takes 

979
00:57:25,840 --> 00:57:29,120
about 45 days from date of the 
application. 

980
00:57:29,480 --> 00:57:34,760
So hopefully we'll get it in the
next next two, two weeks or so. 

981
00:57:35,680 --> 00:57:40,560
We we actually and and also 
we're we're living now we're 

982
00:57:40,560 --> 00:57:44,880
renting so we just want to 
remain mobile no matter how 

983
00:57:44,880 --> 00:57:50,400
great the country appears. 
We're not ready to to you know 

984
00:57:50,800 --> 00:57:58,240
but our forever home down just 
yet so we're renting so you can 

985
00:57:58,240 --> 00:58:04,080
see behind me it's like a 
beautiful view of the pool palm 

986
00:58:04,080 --> 00:58:10,520
trees and you know we're paying 
less than half of what we were 

987
00:58:10,520 --> 00:58:14,000
paying in Canada before we we 
move. 

988
00:58:14,800 --> 00:58:23,160
So yeah, there's a Telegram 
group called Expats, Bitcoiner 

989
00:58:23,160 --> 00:58:26,840
Expats, and there's many, many 
categories. 

990
00:58:29,120 --> 00:58:35,000
It's called Bitcoiners in El 
Salvador, and there are 

991
00:58:35,960 --> 00:58:40,440
subcategories in there that that
answers pretty much any question

992
00:58:40,440 --> 00:58:43,080
anybody might have. 
There's a category called 

993
00:58:43,520 --> 00:58:47,960
Residency and Relocation, 
restaurants, if if you have 

994
00:58:47,960 --> 00:58:51,520
questions about that, sports, if
you have questions about that, 

995
00:58:52,080 --> 00:58:57,040
healthcare, transportation, 
pets, permaculture, everything. 

996
00:58:57,040 --> 00:59:02,760
So you go in there if you have 
any questions, somebody will 

997
00:59:02,760 --> 00:59:06,960
always direct you to the right 
place or tell you know give you 

998
00:59:07,000 --> 00:59:09,800
the proper advice them 
themselves. 

999
00:59:10,480 --> 00:59:15,320
So and then there's websites 
that actually help you, 

1000
00:59:15,920 --> 00:59:18,360
especially if you don't speak 
Spanish, which we don't, 

1001
00:59:18,560 --> 00:59:23,440
although we've been taking 
lessons classes in the last week

1002
00:59:23,440 --> 00:59:28,080
and 1/2 or so. 
So there's there's services that

1003
00:59:28,160 --> 00:59:34,160
help people relocate here. 
So lawyers, immigration 

1004
00:59:34,160 --> 00:59:38,080
specialists who who asked, you 
know, it's different for 

1005
00:59:38,080 --> 00:59:42,280
everybody. 
There's about 1516 different 

1006
00:59:42,280 --> 00:59:46,560
types of residencies that you 
can get depending on whether 

1007
00:59:46,560 --> 00:59:52,040
you're retired or a digital 
nomad or an entrepreneur or a 

1008
00:59:52,040 --> 00:59:55,760
student. 
So you'd have to you'd have to 

1009
00:59:56,960 --> 01:00:00,200
fill them in on your situation 
and they will be able to help 

1010
01:00:00,200 --> 01:00:01,720
you. 
Very cool. 

1011
01:00:01,800 --> 01:00:03,920
Very cool. 
All right, Doctor Albert, I do 

1012
01:00:03,920 --> 01:00:07,080
want to pivot the conversation. 
I want to highlight what you are

1013
01:00:07,080 --> 01:00:12,320
working on. 
This is the me premade Bitcoin 

1014
01:00:12,320 --> 01:00:14,280
merch store. 
This is something that you 

1015
01:00:14,280 --> 01:00:17,760
wanted me to show on the show. 
So kind of walk us through 

1016
01:00:17,760 --> 01:00:20,720
what's on here. 
And I know what this is. 

1017
01:00:20,720 --> 01:00:23,240
This is something that your wife
makes. 

1018
01:00:23,280 --> 01:00:26,320
I got a custom Nikko one, which 
I'm so happy about. 

1019
01:00:26,320 --> 01:00:30,000
I didn't bring it with me, but 
you know, this thing is awesome.

1020
01:00:30,320 --> 01:00:33,560
It's called the Orange Pills Car
Pendant Bag Charm. 

1021
01:00:33,560 --> 01:00:36,440
It is so freaking cool. 
I can't emphasize that enough. 

1022
01:00:36,960 --> 01:00:39,240
So why don't you walk us through
this website, Doctor Albert? 

1023
01:00:39,800 --> 01:00:41,840
Sure, it's not my website, it's 
me. 

1024
01:00:41,840 --> 01:00:44,560
Premier Bitcoin's at BTC Pay 
Server. 

1025
01:00:44,560 --> 01:00:50,280
So about a week ago we went to a
Bitcoin meet up here in El 

1026
01:00:50,280 --> 01:00:54,000
Salvador and we were selling 
these little pills for for 10 

1027
01:00:54,000 --> 01:00:56,560
bucks and people seem to really 
like them. 

1028
01:00:57,080 --> 01:01:01,880
Then we got home and and my wife
and I talked about it and we 

1029
01:01:01,880 --> 01:01:05,440
decided that we didn't really 
want any of the profits from it.

1030
01:01:05,440 --> 01:01:11,400
So, So the next day I got in 
touch with Emilio from the 

1031
01:01:11,400 --> 01:01:16,880
Premier Bitcoin and told him 
that we'd like to keep producing

1032
01:01:16,880 --> 01:01:25,320
these and every cent of that $10
will go directly to me Premier 

1033
01:01:25,360 --> 01:01:28,240
Bitcoin. 
So we will bring them to meet 

1034
01:01:28,240 --> 01:01:35,760
UPS, we will supply them to 
couple of stores and when 

1035
01:01:35,760 --> 01:01:40,000
somebody purchases purchases it,
they will pull up. 

1036
01:01:40,400 --> 01:01:43,680
Well, not the, not the buyer, 
but the owner of the store will 

1037
01:01:44,040 --> 01:01:51,200
pull up this BTC pay server and 
it'll if you click on buy, buy 

1038
01:01:52,560 --> 01:02:00,400
the pendant, it'll show a 
dynamic lightning QR and you pay

1039
01:02:00,400 --> 01:02:05,320
for it and the money goes 
directly to the premier Bitcoin.

1040
01:02:05,680 --> 01:02:10,840
So you know that I'm not taking 
one penny out of that $10 and 

1041
01:02:10,840 --> 01:02:15,560
hopefully that will encourage 
more people to to just purchase 

1042
01:02:15,560 --> 01:02:17,560
because it's it's really a 
donation. 

1043
01:02:17,560 --> 01:02:22,600
We're really asking for a $10 
donation for for each of these 

1044
01:02:22,760 --> 01:02:26,560
little pills that my wife makes.
It is proof of work. 

1045
01:02:27,040 --> 01:02:32,200
She she crochets them. 
It takes about 30 minutes or so 

1046
01:02:32,200 --> 01:02:40,480
for this for this little one. 
So we we only can make so many 

1047
01:02:40,480 --> 01:02:44,040
per day but we're going to be 
bringing I think we've made or 

1048
01:02:44,040 --> 01:02:46,360
she's made about 20 of them and 
we're going to bring them to the

1049
01:02:46,360 --> 01:02:51,400
having party and hopefully 
people will buy them and and 

1050
01:02:51,400 --> 01:02:55,880
realize it's going to like an 
amazing amazing cause. 

1051
01:02:56,760 --> 01:03:03,400
Yesterday I was at the ME 
premier Bitcoin graduation for a

1052
01:03:03,400 --> 01:03:08,240
local school here where I I 
don't know how many exactly but 

1053
01:03:08,240 --> 01:03:13,440
probably between hundred 150 
students who took the ME premier

1054
01:03:13,520 --> 01:03:17,560
Bitcoin 10 week course 
graduated. 

1055
01:03:17,560 --> 01:03:20,240
It was like a normal graduation 
ceremony. 

1056
01:03:20,240 --> 01:03:25,440
They got their diplomas went up 
on stage, get their diploma and 

1057
01:03:26,000 --> 01:03:31,720
I was one of the the verifiers. 
So I would verify that each 

1058
01:03:31,720 --> 01:03:38,520
student was able to send and 
receive Bitcoin on lightning and

1059
01:03:38,520 --> 01:03:43,520
answer a couple of questions as 
well as restore seed phrase on 

1060
01:03:43,520 --> 01:03:48,160
their hot wallet. 
So yeah, so I think everybody 

1061
01:03:48,160 --> 01:03:53,280
passed. 
So yeah, new premier Bitcoin is,

1062
01:03:54,080 --> 01:03:57,040
is really going to help El 
Salvador. 

1063
01:03:57,040 --> 01:04:00,200
And actually I believe they're 
in 21 countries. 

1064
01:04:00,640 --> 01:04:07,280
I believe there's 700 Bitcoin 
teachers now that are signed up 

1065
01:04:07,280 --> 01:04:11,240
with them. 
So people often ask or criticize

1066
01:04:11,240 --> 01:04:14,160
Bitcoin, saying it's not, it's 
not working. 

1067
01:04:14,600 --> 01:04:18,000
I think it's failed. 
Not everybody, like hardly 

1068
01:04:18,000 --> 01:04:22,360
anybody accepts Bitcoin. 
I mean, you can't expect an 

1069
01:04:22,360 --> 01:04:26,960
entire monetary system of the 
world to change in one year, two

1070
01:04:26,960 --> 01:04:29,360
years, five years, 10 years, 
right? 

1071
01:04:29,360 --> 01:04:33,080
It just doesn't make sense. 
So from the ground up with the 

1072
01:04:33,080 --> 01:04:37,560
children learning, the 
difference between one of the 

1073
01:04:37,560 --> 01:04:41,560
questions for verifying the 
students was what's the 

1074
01:04:41,560 --> 01:04:44,040
difference between centralized 
and decentralized? 

1075
01:04:44,600 --> 01:04:47,200
Another question was what is 
inflation? 

1076
01:04:47,200 --> 01:04:50,880
What is the difference between 
the US dollar and Bitcoin? 

1077
01:04:51,440 --> 01:04:56,520
You know these are they should 
be basic questions but I mean I 

1078
01:04:56,520 --> 01:04:59,720
didn't even know the answer to 
those questions until a few 

1079
01:04:59,720 --> 01:05:05,320
years ago and I'm in my 50s so I
think it's going to a great 

1080
01:05:05,320 --> 01:05:11,240
great 'cause and yeah 011 other 
thing yesterday at that 

1081
01:05:11,240 --> 01:05:18,680
graduation BTC sessions, Ben was
there and so I I I chatted him 

1082
01:05:18,680 --> 01:05:27,400
up and I sold him one of these. 
So he is the first person to 

1083
01:05:28,480 --> 01:05:32,160
donate to me premier Bitcoin 
through these little orange 

1084
01:05:32,160 --> 01:05:35,240
pills. 
So, and I'd like for you to be 

1085
01:05:35,240 --> 01:05:38,920
the second person, if we could 
do that live on air to show 

1086
01:05:39,600 --> 01:05:43,760
people. 100% we can do that live
on air. 

1087
01:05:43,760 --> 01:05:49,440
Let's do that right now. 
This is is this main chain or is

1088
01:05:49,440 --> 01:05:51,760
this lightning? 
Here's the lightning here. 

1089
01:05:54,120 --> 01:05:58,040
All right, let's do this. 
Nico get two, I want to be the 

1090
01:05:58,040 --> 01:06:00,360
third. 
Let me. 

1091
01:06:00,480 --> 01:06:03,360
See, I can hear. 
Let me let's just let's see if 

1092
01:06:03,360 --> 01:06:04,920
we can make it through one 
first. 

1093
01:06:05,920 --> 01:06:09,320
Here we go, is this me? 
There we go. 

1094
01:06:09,840 --> 01:06:17,000
Meep your mid Bitcoin and it is 
sending the transaction right 

1095
01:06:17,000 --> 01:06:19,600
now. 
Oh, you got Zeus? 

1096
01:06:20,400 --> 01:06:22,720
I got Zeus. 
Nice. 

1097
01:06:24,160 --> 01:06:25,320
Boom. 
All right. 

1098
01:06:25,320 --> 01:06:30,240
Invoice paid. 
Boom, Boom, boom just made the 

1099
01:06:30,240 --> 01:06:36,120
second donation to. 
There you go to and I got AI. 

1100
01:06:36,120 --> 01:06:37,640
Got a little surprise for you 
all. 

1101
01:06:38,560 --> 01:06:39,320
Right. 
I'm. 

1102
01:06:39,320 --> 01:06:40,400
I'm all ears. 
I'm all. 

1103
01:06:40,400 --> 01:06:43,200
Ears. 
Let's see if you guys can guess 

1104
01:06:44,080 --> 01:06:48,920
who this might be. 
Oh, it's it's. 

1105
01:06:49,240 --> 01:06:51,160
Oh my God. 
Let's get Toby's reaction. 

1106
01:06:53,040 --> 01:06:55,960
I love it. 
I love it. 

1107
01:06:56,080 --> 01:06:59,320
That is so cute. 
Oh my God. 

1108
01:06:59,320 --> 01:07:03,360
It has headphones. 
I'm obsessed. 

1109
01:07:03,560 --> 01:07:06,600
I'm obsessed. 
That's so cute. 

1110
01:07:06,920 --> 01:07:08,840
Oh my. 
Everybody in the chat needs to 

1111
01:07:08,840 --> 01:07:12,440
be buying these right now. 
This is so adorable. 

1112
01:07:12,440 --> 01:07:15,480
Thank you so much. 
And thank you to your wife, Amma

1113
01:07:15,480 --> 01:07:16,280
says. 
Thank you. 

1114
01:07:17,640 --> 01:07:19,440
So you're. 
Very, very welcome. 

1115
01:07:19,920 --> 01:07:24,600
So if you'd like to maybe donate
again, but for this one, 'cause 

1116
01:07:24,600 --> 01:07:28,280
this one, yes, yes, later on, 
later on. 

1117
01:07:28,640 --> 01:07:32,840
I will definitely have to. 
I will donate again one more, 

1118
01:07:33,480 --> 01:07:37,400
one more time. 
But wow, this is Albert's won my

1119
01:07:37,400 --> 01:07:40,440
heart. 
Once again guys, you can check 

1120
01:07:40,520 --> 01:07:45,280
the link to get yourself one in 
in the live chat. 

1121
01:07:45,280 --> 01:07:47,760
I just put it, put the link 
there, put the link there twice 

1122
01:07:48,360 --> 01:07:51,640
so you can go straight there 
anyways. 

1123
01:07:51,720 --> 01:07:54,360
Actually, yeah. 
You can't buy directly from 

1124
01:07:54,360 --> 01:07:56,080
there. 
We don't, we don't deliver. 

1125
01:07:56,120 --> 01:08:00,640
So it's just for whoever's 
selling them to pull pull them 

1126
01:08:00,640 --> 01:08:04,160
up to pay. 
Well, it's a it's it's a it's a 

1127
01:08:04,160 --> 01:08:06,200
donation if you guys want to 
donate. 

1128
01:08:06,200 --> 01:08:09,920
And. 
And yeah, so Albert, thank you 

1129
01:08:09,920 --> 01:08:10,800
so much. 
Go ahead. 

1130
01:08:10,800 --> 01:08:13,760
Wait. 
Yesterday when I ran to BTC 

1131
01:08:13,760 --> 01:08:18,240
sessions, I said I I wanted them
to watch the show because we've 

1132
01:08:18,240 --> 01:08:20,880
got one for him too. 
Oh. 

1133
01:08:21,680 --> 01:08:23,840
There we go. 
There you go. 

1134
01:08:24,560 --> 01:08:27,920
There we go. 
It kind of looks like you. 

1135
01:08:28,359 --> 01:08:29,960
It does. 
It does, yeah. 

1136
01:08:31,560 --> 01:08:33,760
That'll be for him. 
Oh my God. 

1137
01:08:33,760 --> 01:08:34,840
I love it. 
I love it. 

1138
01:08:35,279 --> 01:08:36,840
Awesome. 
All right, guys. 

1139
01:08:36,840 --> 01:08:41,200
Well, thank you so much for 
tuning in to another episode of 

1140
01:08:41,200 --> 01:08:44,520
Simply Bitcoin Live, the second 
Simply Bitcoin Live episode 

1141
01:08:44,520 --> 01:08:49,040
streaming live from Sun Salvador
in El Salvador at the base of a 

1142
01:08:49,319 --> 01:08:52,279
volcano. 
I want to thank my beautiful 

1143
01:08:52,279 --> 01:08:54,960
wife Sophie for Co hosting today
Philly and for Opti. 

1144
01:08:55,240 --> 01:08:57,479
Thank you Sophie, really, really
appreciate it. 

1145
01:08:57,800 --> 01:09:00,960
And of course I also want to 
thank our very special guest 

1146
01:09:01,319 --> 01:09:05,640
Doctor Albert, which tends to 
win over my heart multiple 

1147
01:09:05,640 --> 01:09:08,000
times. 
We're going to be meeting in the

1148
01:09:08,000 --> 01:09:10,880
flesh very very soon at the 
having party. 

1149
01:09:11,120 --> 01:09:14,399
So next time guys, we'll see you
tomorrow for another episode of 

1150
01:09:14,399 --> 01:09:18,399
Simply Bitcoin Live. 
Live from the having party on 

1151
01:09:18,399 --> 01:09:21,399
the beach in El Salvador. 
Should be absolutely awesome. 

1152
01:09:21,399 --> 01:09:23,479
I don't know where we're going 
to be set up, but it should be a

1153
01:09:23,479 --> 01:09:25,840
lot of fun. 
Doctor Albert, please hang 

1154
01:09:25,880 --> 01:09:29,520
around in the in the the 
backstage for a little bit. 

1155
01:09:29,520 --> 01:09:31,120
Anyways guys. 
Love you all. 

1156
01:09:31,120 --> 01:09:34,640
If you guys enjoyed the show, 
like subscribe and we'll see you

1157
01:09:34,640 --> 01:09:35,800
tomorrow for a brand new 
episode. 

1158
01:09:35,800 --> 01:09:40,000
Peace out everybody. 
Well, because they want to. 

1159
01:09:40,080 --> 01:09:41,399
Sell. 
It eventually, Michael. 

1160
01:09:41,399 --> 01:09:44,200
I mean, let's be honest, most of
the people who are, yes, sure, 

1161
01:09:44,240 --> 01:09:47,279
some people pass it on to their 
children, but like most of the 

1162
01:09:47,279 --> 01:09:50,520
people who are buying assets at 
some point want to sell the 

1163
01:09:50,520 --> 01:09:53,399
assets at a profit. 
So I guess let me say it 

1164
01:09:53,439 --> 01:09:57,520
differently, people that use 
Fiat currency as a store of 

1165
01:09:57,520 --> 01:10:01,040
value, there's a name for them. 
We call them poor, OK? 

1166
01:10:02,600 --> 01:10:05,880
Was brought to you by 
bitcoinwell.com, a Bitcoin only 

1167
01:10:05,880 --> 01:10:09,040
platform on a mission to enable 
financial independence.

