It's all going to zero against Bitcoin.
It's going up forever. You're against Bitcoin.
You're against freedom. Yeah.
Welcome to another episode of Simply Bitcoin Live.
We're a number one source to the peaceful Bitcoin revolution.
Car breaking news culture, Matic Warfare.
We will be your guide through the separation of money and
state. Ladies and gentlemen, welcome to
the most watched Daily Bitcoin new show on YouTube, Rumble NX.
Welcome to Simply Bitcoin. Sit back, relax, Enjoy the ride.
This is the second day from live streaming from the beautiful
country, the shining country on the hill of of course I'm
talking about freedom country. Of course I'm talking about El
Salvador. In the background.
I literally have an actual volcano.
So we're going to be streaming simply bitcoins, going to be
streaming here from from El Salvador for the rest of the
week. This is my second day in San
Salvador. I had a me pre Med Bitcoin event
yesterday. I was with BTC sessions with Max
Kaiser, Stacy Herbert, Lena Seish Who else said tip and Z
she did the rap. It was incredible.
It was an auction to just celebrate.
You know the Bitcoin adoption here.
Me pre Med Bitcoin is doing some incredible things.
They're teaching the next generation how to use Bitcoin.
I think that's just so incredibly important.
So it was a privilege to be part of that auction and part of that
event. It was incredible.
I'm absolutely loving El Salvador.
The energy here is it's it's it's something very special.
If you're a Bitcoiner, I highly recommend making this pilgrimage
to this country. I know I've met a lot of
bitcoiners, one of which is a guest today that have actually
even moved here. I see the hope, I see the energy
in people. I'm Hispanic, I am bilingual.
So I every single opportunity I've had, I've.
I've literally tried to speak to a local, wanted to get their
thoughts on Bouquelay, wanted to get their thoughts on, you know,
the future of their country. And I see it.
And that's not something that you see, you know, around Latin
America, you don't see that most people want to leave.
They want to go to the United States and El Salvador.
I'm seeing something very different.
It's a very, very special place. If you're a bitcoiner, highly
recommend coming to El Salvador at least once and you'll see
what I mean. Anyways, today we're going to
talk about Bitcoin being binary in, in a way.
And this is something that I've said many times, that Bitcoin
either goes to 0 or it keeps going up forever, right?
A lot of that has to do with the having.
A lot of that has a lot of that has to do with the mining
incentives. And of course a lot of that has
to do with Infinity divided by 21 million.
Like if governments had the discipline, like not to print
money, like maybe we could have a conversation about it.
But it's like they can't help themselves.
But to do it, they have to do it.
The US is on an unsustainable fiscal path.
So yeah, I mean, you know, one thing is for sure is that they
have to keep printing money. If if they don't, if they stop
printing money, the US government isn't going to be
able to afford things. And the way that you protect
yourself obviously is get yourself Bitcoin and that
basically guarantees that this thing goes to a million,
basically. It's inevitable.
And the binary aspect of it is very interesting because that
means that it can't just stay at the same level like it.
It either goes up forever, Laura, or goes down to zero.
And that inspired me to, you know, to come up with some
original thought this morning where I said I would rather ride
Bitcoin to zero then go back to slavery.
What side are you on and on? That's a question for you guys.
What side are you on? Are you, Would you go back to
the Fiat system? Would you go back to working and
earning in a money that another man can create for free, another
man can censor based on your political beliefs?
Are are you up for that? You know, that's that's the
question that I have for you guys.
I have another clip for you guys as well of Kathy Wood.
She's been absolutely on fire on the legacy financial media here.
There's a clip of her on CNNBC talking about the global
currency devaluations happening worldwide.
And what's really interesting about Bitcoin is that it shines
like a light of truth on that. It shines a light of truth on,
you know, the failure of Fiat currencies, to put it bluntly,
like it's just these currencies are failing.
And the reason that they're failing is that governments
can't help themselves but to print.
Which, you know, Satoshi knew this.
This is part of the reason that Bitcoin was invented.
So this is what we're all here for.
So anyways, it's going to be a great episode tomorrow.
I'm going to be streaming from the beach, from the resort of
the where the having party is going to be hosted.
I don't know where we're going to be streaming from exactly,
but it's going to be a great show.
Today's show is going to be a great show, super, super
excited. And we also have a very special
guest, First, my Co host today who's going to be filling in for
Opti, who is currently on the plane on the way to El Sido, of
course, my beautiful wife Sophie, who just put down our
beautiful baby Sophie. Thank you.
Thank you so much for filling in for Opti today.
You're very welcome. I'm super excited to be here.
There's another little special person who's here who's not
exactly ready to make her Internet debut.
Hopefully until she's like 15. Yeah, I'm super excited to be
here. 15, No 15 we got, we got to move that, we got to move
that number up to like at least at least 18, at least 18
anyways. I'm just trying to and be
realistic, OK? Anyways, I do also want to
introduce our guests for today, Doctor Albert.
Doctor Albert is an ophthalmologist.
Did I say that right? Did I say that right?
An. Optometrist.
I was an optometrist. He.
He was an optometrist. He's a hardcore bitcoiner.
He is famous for making these Bitcoin pills.
Could you show it, Doctor Albert, we're gonna be.
My wife makes them. His wife.
His wife makes them and he's gonna be selling them at the
having party. And you know, I had a Nikko
special edition. I didn't bring it with me.
Doctor Albert's wife was kind enough to make one for me and
Opti, which was absolutely awesome.
So we're gonna talk about Doctor Albert's.
Why did you move to El Salvador? What's been your experience in
El Salvador? What's been your experience in
freedom country? And I'm gonna get to see you in
the flesh, like literally later today.
So that's gonna be awesome. Anyways, it's going to be a
great show. I I'm really excited for the
culture segment specifically because I want to hear Doctor
Albert make the case as to why he left where he was living and
he moved to Freedom Country. And I'm not going to lie, I I
didn't tweet this. I didn't, I didn't post this on
Twitter, but I posted this on Noster.
I said I'm not going to lie, guys, you know, I'm loving El
Salvador. I might want to move here and
I'm break. This is breaking news for
Sophie, 'cause she hasn't heard about this yet, but I mean if.
It's not good. I'm down.
I'm. It's.
It's awesome. It's really cool.
El Salvador is really, really awesome.
Highly recommend it. Like it was surreal just being
able. I've been literally just paying
for things in Bitcoin, like been going around, have my Lightning
wallet on my Zeus app and I'm like literally just paying for
things. It's absolutely surreal that
it's just treated like a currency, not everywhere, but in
in most places. So it's absolutely awesome.
Anyways, guys, it's going to be an epic show, so let's get into
it. But before we do that, I do want
to give a very, very, very, very, very, very, very special
shout out to our flagship sponsor.
And of course, I'm talking about Bitcoin.
Well, after you switch cameras for this, because it's the I
can't show the volcano and have this at the same time.
So there we go. All right, here we go.
One more time. All right.
Bitcoin well, is the best place to build your automatic self
custody Bitcoin stack. That's right.
You can't buy Bitcoin on Bitcoin.
Well, unless you're going to take self custody, which
perfectly aligns with this simply Bitcoin ethos of the
separation of money and state, guys, check out Bitcoin.
Well, help us make self custody this standard in the US.
Check out bitcoinwell.com today. They also have a live contest
that is going on. It's called the Bitcoin Jackpot
Contest. There's currently 4.1 million
Satoshi is in the jackpot. The way that you enter is you
sign up for Bitcoin. Well, you put in your e-mail
every time you make a Bitcoin purchase, you earn points and
then you could put those towards the towards the jackpot.
If you're an existing user, by the way, all you got to do is
you go to the reward section on the bitcoinwell.com website and
you can use your points that you've earned buying Bitcoin on
Bitcoin. Well, towards the jackpot, we
we've also been giving away Bitcoin merch like the
foundation passport, the hardware wallet, a book by said
Bunny seed plate. So stay tuned, we'll be giving
away a lot of stuff from Bitcoin.
Well, so guys, check out bitcoinwell.com.
Help us make self custody the standard in the US and the
United States of America. All right everybody, let's get
some numbers. We have a lot to talk about.
The Bitcoin numbers. Is your Bitcoin and cold storage
really secure? Is your seed phrase really
secure? Stamp seeds?
Do it yourself. Kit has everything you need to
hammer your seed words into commercial grade titanium plates
instead of just writing them on paper.
Don't store your generational wealth on paper.
Papers prone to water damage, fire damage.
You want to put your generational wealth on one of
the strongest metals on planet earth, Titanium.
Your words are actually stamped into this metal plate with this
hammer and these letter stamps. And once your words are in, they
aren't going anywhere. No risk of the plate breaking
apart and pieces falling everywhere.
Titanium stamp seeds will survive nearly triple the heat
produced by a house fire. They're also crush proof,
waterproof, non corrosive, and time proof.
All things That paper is not allowing you to huddle your
Bitcoin with Peace of Mind for the long haul.
Stamp your seed on stamp, seed. All right ladies and gentlemen,
we don't have Opti to be going through the chats in real time,
so I just have to pull this up because I thought it was
absolutely hilarious, Utxo says. Opti is stuck in customs.
The customs officers asking what is the purpose of this trip and
how did you earn the money to pay for it.
That is absolutely hilarious. Opti, please don't get stuck in.
In customs we have David watching from X and he says
watching from the pool at the having party in El Salvador.
David, I will see you in the flesh very very soon.
We got Brian de Mint in the chat.
What's up Brian? How you doing man?
The absolute marketing genius behind the orange palap and an
incredible author. Also anyways, at the time of
recording the Bitcoin price is 66,560 SATS per dollar, 1502
block height 837,568. Having estimate a big sorry
blocks to having 2432, having estimate April 19th oh oh it's
not on April 20th anymore. It's not on 4/20 anymore.
That's whack miners. You got to slow the F down.
OK, it's on April 19, 2024. Total lightning network capacity
4404. Bitcoin capacity value
293,000,000 U.S. dollars. Realized monetary inflation
1.73%. The market capitalization is
1.31 trillion U.S. dollars. Bitcoin versus gold market cap
bit is 9.47%. I want to give a shout out to
Sophie for multitasking and feeding our baby girl at the
same time as doing the show, which is I'm.
Struggling. She's not happy right now.
Very Bitcoin esque. I'm not gonna lie, extremely
Bitcoin esque. OK, so I do want to show you
guys this video by Kathy Wood once again.
She's just making the rounds on the legacy media and here she is
talking about their current their currency devaluations
around the world that people are not talking about.
The Nigerian Nara is down 60% and the Egyptian currency is
devalued 40%. Quote, Bitcoin is a hedge
against a loss of purchasing power.
We'll get into more of that in a second.
But the point that I wanted to kind of bring up a little bit is
the fact that these ideas, and I know that you guys always make
fun of me about talking about the Overton Window.
But guys, mimetics are important.
Like this is information narrative trench warfare.
We have to literally win over the hearts and minds of
individuals. So these types of interviews
that are happening on legacy media, whether it's Natalie
Burnell, Kathy Wood, Michael Saylor, Anthony Pompliano, they
make a big difference because the people that are listening to
that type of content aren't Bitcoiners.
Like we have to remember that Bitcoiners are in an echo
chamber, like we're already awakened, we're already base,
we're already in El Salvador, right?
We already know what the F is going on, but most people are
still asleep, most people are still in the Fiat matrix.
So it's our job as bitcoiners to really wake people up and in the
process of waking them up. I think a lot of the political
divisions that people are are feeling right now because of the
economic woes that are caused by currency theft or purchasing
power theft by inflation. I think a lot of that would like
literally go away or not all of it.
But I think a lot of people's, you know, issues, a lot of
people's hurt, a lot of people's economic woes would would
disappear if you fix the money, right.
So it's incredibly important when these types of interviews
happen. Anyways, let's check out what
Kathy Wood has to say. Can you explain?
And we were debating it the last couple of days about Bitcoin.
Joe Becky back in New York and together you've seen it.
What do you think is happening? I mean, we saw, we saw, we saw
Bitcoin get up to 70 something, $1000 to drop down to $66,000.
I was making the argument that it has been very tied to the
NASDAQ. It's been very tied to the
markets and as a result, it is more likely a function of
liquidity and sort of speculation than it is a
function of what the Federal Reserve is going to do, even
though the Federal Reserve is sort of been moving the markets.
What do you? What do you?
What's your analysis of why it's
moved the way it has? OK, up dramatically.
You have the ETFs. There's something else going on
around the world. There are currency devaluations
taking place that people are not talking about.
The Nigerian era is down 5060% in the last nine months.
Egypt just devalued by 40%, Argentina continuing to devalue.
I think this is a flight to safety, believe it or not,
taking place. A hedge against devaluation, a
hedge against a loss of purchasing power and wealth,
that's very important and we saw this even here last last year in
the United States regional banks imploded, Bitcoin went up 40%.
Bitcoin does not have counterparty risk I think and
and we're putting out a piece in the next few weeks which is this
is both get this a risk on asset and so you talk about the NASA
but it is risk off. I remember we got in at $250
when Greece was threatening to. Leave the euro, right?
But is that folks that are speculating about currency or is
that folks in Nigeria and in Greece and other places saying I
got to get my money out of this currency and and move it
themselves? Do you see what I'm saying?
Oh, yes. I think this is an insurance
policy against rogue regimes or against just horrible fiscal and
monetary policies. So, I mean, that last part is so
powerful, right? This is an insurance policy
against rogue regimes and irresponsible fiscal policy by
governments. Every single government is
guilty of this, even in the US. And one of the things that I
would like to mention as well is what you're seeing in the global
S is you're seeing the adoption of of Tether.
You're seeing the adoption of stable coins.
People are fleeing their local currency, their local Fiat
currency to to tether because they're trying to maintain their
purchasing power. But for the first time, we
actually reported it on on an episode last week where it was
an article in Fors by our our buddy Javier Bastardo.
And he literally said that people were actually buying
Bitcoin instead of buying Tether.
So I think it's just a matter of time before people start to
realize that yes, the dollar is the best of the Fiat currencies,
right in terms of of of quote UN quote stability, but there's a
superior currency which is Bitcoin.
I think it's just a matter of time, and I think it's an
educational issue before people. Actually, it's an educational
problem before people actually wake up to that reality.
So I I think what she said is so incredibly powerful.
And look, if you actually, like, make sense of what she's saying,
right? If all of a sudden you have a
way to protect your purchasing power, that provides hope,
right? That provides the ability to
save for the future. And again, don't trust, Verify.
We always go to this website called Price and Bitcoin 21 and
it literally just lays it out right how if you've been saving
in Bitcoin generally things to not.
Generally things get cheaper progressively over time,
specifically the longer you hold right.
So the US dollar is 92% cheaper. Oil is 92% cheaper.
Gold is 91% cheaper. S&P 500 is 86% cheaper. the
United States medium new house is 86% cheaper.
If you've been living on a Bitcoin standard, life gets
cheaper. The American dream is not dead.
In fact, the American dream has been exported worldwide.
Anybody in the world could live the American Dream.
The American dream is if you work hard enough and you put
your head down and you believe you have the ability to live a
great life, be able to afford a home, and now you can do that
with Bitcoin. If you earn in Bitcoin, mine
Bitcoin and of course take that Bitcoin into self custody, you
can achieve that dream. You can achieve a better future
for your family, which was impossible for a lot of people
because of Fiat currencies, right?
So I think Kathy Wood against again, once again, breaking the
Bitcoin echo chamber, moving the Overton window.
I know you guys are going to hate me for that, but I'm going
to keep hammering that concept in your guys's head, moving the
Overton window and getting to the people, you know, the the
boomers. Really that are watching that
type of television and getting them to understand like look a
currency can exist that isn't controlled by the government and
not only can it exist by it not being controlled by the
government, but it is actually even a superior currency to a
currency that is controlled and managed by the government,
right. So this is really, really is a
really big deal. We're making tremendous amount
of progress. And shout out to Kathy Wood,
Natalie Burnell, Anthony Pompliano that continue to
hammer that message home on legacy media.
And remember now there's a vehicle, there wasn't one before
where a lot of these boomers that don't feel comfortable with
self custody, perhaps they don't feel comfortable with some of
the on ramps. They can just get exposure
through the captured Bitcoin AK, the Bitcoin ETFs, right?
Which I think is a step in the right direction at least.
Anyways, I want to get Doctor Albert's take on this and then
we'll we'll pass it on to my wife Sophia.
Yeah, you you said you said it just the way it is.
The over tin window is not only shifting, it's it's breaking.
You know, we hear things that we never thought we would hear in
such a short period of time since I've started studying
Bitcoin. So it's been only three years.
And the kinds of things that we're hearing on CNBC and and
mainstream media has has totally, well, not totally, but
noticeably shifted in three years is not a long time when
we're talking about an entire monetary system that has been at
the that has been the scam that has been hidden from us with
propaganda for decades, hundreds of years.
So it's it's about to break. 100% the the the floodgates are
about to break. Oh Sophie, we caught, we caught.
You live. The poor thing has not stopped
since we went on air. Did you?
Did you miss? Did you miss the video?
Have you been? It seems like you have your
hands busy. No, I didn't actually.
And what's your take on it? Well it's really funny because
yesterday I was talking to my grandmother and she got upset at
me because she said why haven't you told me about how to buy
Bitcoin? You told me you were going to
tell me how to buy Bitcoin and you haven't done it because I
have my money in this account and it only gives me 1% a year
and and so when I told her you know of course like I'll I'll
help you do it. It just made me realize that
this thing is catching on. Even my grandmother is starting
to want to buy Bitcoin and and people are realizing that it it
is a hedge and it is like the the old system is just not
working. So yeah, what Kathy Wood said is
absolutely true and I think some yes exactly.
Some boomers do love Bitcoin, and they're if they're catching
on, then I think that gives me a lot of hope for future
generations. 100%, yeah. And I think it's just a matter
of keep messaging these that we we got to keep hammering, you
know these messages home, right? A money can exist without
inflation. Money can exist without the
necessity of government managing it or better said, mismanaging
it, because that's all they do. And I think these messages are
really, really important to kind of echo and once again, just
break that Bitcoin echo chamber, get that message out there.
All right everybody, let's get to the news.
We have a lot to talk about today, the binariness of
Bitcoin. It either goes to 0 or 1,000,000
we have. We have some tweets by by some
influential people and of course some videos by Michael Saylor.
And also in other news, it looks like the US government is on the
verge of selling some of that Silk Road Bitcoin that was
seized. So stay tuned, we have a lot
more to go. Let's check it out.
Here we go. The Daily News.
I wanna give a shout out to our sponsor, Foundation Devices.
It's self custody done right. They built a premium grade
hardware wallet called Passport right here in the US.
It's fully open source and verifiable.
It's the most intuitive Bitcoin wallet designed with the UX,
reminiscent of a simple feature phone, so you will know how to
navigate it and use it the moment you pick it up.
Get your Bitcoin off exchanges and into your into your own
hands in just a few minutes, experience the Peace of Mind
that comes with taking ownership of your own keys.
After a massive sellout during Bitcoin Miami 2023, the Passport
is back in stock at foundationdevices.com.
Bitcoin only, open source, verifiable completely air gap
security model, gorgeous design, craft premium grade materials.
If you're thinking about getting your Bitcoin off exchanges, this
is the one for you. Check out the passport link in
the show notes below to learn more.
All right ladies and gentlemen, incredibly easy for you guys.
You could scan the QR code on your screen.
It'll take you directly to the Foundation Devices website where
you can get yourself a Passport hardware wallet.
Remember guys, not your keys, Not your cheese.
All right, quick ETF update. It seems like it They're slowing
down honestly on the on the purchases, but BlackRock is
still up nonetheless. Last time yesterday I believe it
was at 253,000 Bitcoin, now it's at 256,000 Bitcoin.
Fidelity seems to have had a little bit of an uptake as well.
Yesterday there they were at 143,000 Bitcoin.
Currently they're sitting at 146,000 bitcoins and seems like
the institutional inflows seem to be slowing down a little bit.
But they're still going up, which is a good news.
And of course the grayscale people are just trying to get
rid of that as fast as humanly possible.
So quick ETF update. Also in other news, this is a
tweet by our friends over at Bitcoin Mag.
Shout out to Mike Germano, got to spend some time with him
yesterday President at Bitcoin Bitcoin Inc, BTC Inc.
So anyways, goes on to say US Bitcoin ETFs now hold over 4% of
bitcoins total supply. And if you add that with Michael
Saylor's 1%. So the ETFs and Michael Saylor's
MicroStrategy already own 5% of Bitcoin's total supply.
Guys, there's not enough to go around.
The stat that I always throw throw out there, because it's
the one that makes sense to me the most, is that there's 6060
million millionaires all around the world.
But there's only 21 million Bitcoin, right?
So even if every single millionaire wanted to buy just
one, they physically could not, right?
So this is the thing. This is absolute scarcity.
This is why Bitcoin is the best performing asset of the last 10
years. So anyways, So what I want to
talk about today is specifically the whole $1 million, you know,
that keeps being thrown around. I think we did an episode a
couple days ago. Again, this $1 million number.
And I think a lot of people are seeing it.
I think a lot of people are seeing the writing on the wall.
Here's here's Martin Shkreli. He is kind of famous for the
whole, like he was the the whole pharma bro.
He spent some time in jail, but basically he was, you know, this
very successful businessman. Then you know, he got charged
with all these crimes. He spent a couple years in jail.
Anyways, he's a very public figure.
Some people call him divisive figure.
But anyways, very interesting in terms of what he had to say here
in this tweet he says I think there's a 75% chance of Bitcoin
being $1 million by the end of year, by year end.
I can't talk about the thesis, but that's it.
My prediction, very similar. You're hearing something very
similar from Samsung Mau as well.
So we keep hearing this $1 million number.
Maybe people are feeling euphoric because of the of the
of the Bitcoin bull market. Some of the comments are
interesting. Here is duality.
He's responding to Martin's tweet and it says if Bitcoin hit
1,000,000 dollars by end of year then that would mean we'd reach
a systemic collapse of Fiat confidence and likely the worst
recessions last depression anyone alive has experienced.
Retail FOMO alone can't drive a top like that over the short of
duration. Now I also want to like mention,
and I know it's a little bit different because bitcoin's
market cap is so much bigger. But you know in 2017 we went
from 1000 U.S. dollars to 20,000 U.S. dollars.
That's about a 20X. OK.
So obviously, you know it's law of big numbers.
It's a lot harder for Bitcoin to 20X, that's 66,000.
But just even a 10X would put Bitcoin at 660,000, which is
pretty close to 1,000,000. So again, from, you know, from a
historical standpoint, I know it sounds crazy, but if if I would
have told you back in 2017, in January of 2017 that Bitcoin was
gonna be at 20K in December of 2017, you would have laughed me
out of the room. And again, all the stars are
aligning. That's why I showed you guys
this tweet by Bitcoin Magazine. US Bitcoin ETFs now hold over 4%
of bitcoins total supply. MicroStrategy holds another 1%.
All the big tech companies haven't even started getting
their feet wet. They haven't even started
getting exposure to Bitcoin, except for Tesla.
They're holding Bitcoin, but Google hasn't started buying.
Apple started hasn't started buying, right.
So I mean like look, like all you need is one of these
companies to announce that they're following micro
strategies strategy and you know all the the dam just breaks,
right? Anyway, so here is a a a video
of Michael Saylor talking about the whole binary aspect of
Bitcoin. I truly believe in this as well.
I actually tweeted about this many years before Michael Saylor
said this on TVI. Don't think he, I don't think he
mentions the binary aspect. But for me it's always it's
been, it's it's common sense, right?
Bitcoin either continues to go up, you know, or it's going to
0. Like the reason that I believe
that's the case is because of the, you know, the the, the the
having rewards keep getting cut in half, right.
What incentive do the miners have right, to keep mining this
right. So obviously the profitability
has to be there, the number, the number has to go up.
The halving gets the, you know, the the the supply keeps
shrinking. The amount of Bitcoin being
available keeps shrinking, but demands either stays the same or
keeps rising, right. And it's just basically fix
supply and demand, the price goes up.
Anyways, here is Michael Saylor on CNNBC once again shifting the
Overton window. I know a lot of you guys are
going to hate me for saying that, but let's check it out, 2%
and and I think that's really driving the trend.
It's I've said before. If.
Bitcoin's not going to zero, it's going to a million.
The real question is, is it legitimate asset?
If it's a legitimate institutional asset, everybody
is under allocated to it, so 2% and so I mean and I look it
speaks for itself, right. You know it's either going to 0
or it's going to a million. And in he he mentioned, he said
something really interesting, which is, is this a legitimate
institutional asset. I mean, you tell me.
You literally have the CEO of the largest asset manager in the
world, Larry Fink, going on the legacy media, and he's literally
telling everybody that, you know, he's literally talking the
Bitcoin ethos. He's literally talking it,
talking that to his entire audience about how, you know the
Bitcoin ETF is the most successful ETF in the history of
ETFs, right? There's 3100 ETFs in the US The
there's two Bitcoin ETFs that are already in the top five.
So you tell me, do you think it's already, you know, a
legitimate institutional asset? I think that's already the case.
I think it's incredibly obvious. It's really not rocket science.
In other news, I do want to talk about this as well and then I'll
get our panelists's thoughts. So this is a tweet by Bitcoin
archive. U.S. government just moved
30,000 Bitcoin from the Silk Road hack.
It's currently worth $2 billion. And you know where they moved it
to? They moved it to Coinbase.
Here is a Bitcoin Magazine article gives a little bit more
detail. Goes on to say today the US
government sent a transaction that appears to indicate it may
be on the verge of liquidating the remaining Bitcoin it
confiscated from the online marketplace of Silk Road.
According to On Chain Data, a .001 Bitcoin test transaction,
part of a larger stash of approximately 30,174 Bitcoin
worth $2 billion linked to the infamous Silk Road marketplace,
was moved by the US government. Coinbase, the largest
cryptocurrency exchange in the United States, received the
transaction from the Silk Road related funds.
Arkham Intelligence first identified the origins of where
the Bitcoin was coming from and the coins destination of
Coinbase. It appears the purpose of this
transaction is to sell the coins at it has previously done so in
the past. Last March, the US government
sold off 10,000 Bitcoin related to Silk Road, selling just over
9861 Bitcoin worth $216 million. OK, a couple things here.
Thing Number one, that was a horrible trade.
Last March they got absolutely wrecked.
They could have waited a little bit.
Second thing, why are they selling something that is
absolutely scarce for dollars of which they can just create out
of thin air? Just loyalty.
I mean, just like that. That in my mind makes absolutely
no sense, right? Like it like like are they just
taking like a, you know, are they just taking like a like an
ideological. Of course they are.
They're taking an ideological stance.
And they're saying like, oh, you know, like we can't have this.
And one last observation, then I'm going to pass it on to the
panelist. The fee for moving for moving
$1.9 billion was $1.48. Name me something else that
could do that. Nothing.
It doesn't exist. It's going up forever.
Laura. Anyways, I want to get Albert's
thoughts on this and then we'll we'll pass it on to my beautiful
wife, Sophia. Albert, what are your thoughts?
Yeah. So just to add to what you just
said about the fee, it also got settled.
Final settlement, probably 6 confirmations, one hour.
What else can, what else can do that?
If it was gold, it would probably take 2-3 weeks and
however many millions of dollars to move that with all the
security guards and the freight and the energy and gas required
and you don't even know you're getting real gold.
So that's that 100%. Yeah, I have.
It makes no sense for them like like you said, to sell something
night for something that they themselves can just create at
will. It's it's I guess they're
they're as stupid as we think they are.
There's there's no other explanation than stupidity.
They don't understand. They don't understand Bitcoin.
So no, no, they don't understand Bitcoin and if they did
understand Bitcoin then they they wouldn't sell it.
And then I'll, I'll pass it back to you, Albert.
Like, like the the whole aspect of the Martin Shkreli, you know
price prediction of $1 million by end of the year, very similar
to like kind of Samsung Mau as well.
And then also the binary aspect of Bitcoin, Do you agree with me
that Bitcoin is binary, it either goes to 0 or it keeps
going up forever. What are your thoughts on that?
Yeah, definitely think it's binary.
It's either going to Infinity against the US dollar, which by
the way it it, it doesn't matter.
Who cares if it goes to a billion U.S. dollars.
It's it's like it's it's this the US dollar to the Zimbabwe
dollar is like Bitcoin to the US dollar.
So why do we care if if Zimbabwe dollars go to Infinity, I mean
it, we're not going to go and start stacking Zimbabwe dollars,
are we? No, of course not.
So same thing for the US dollar, it's it's going to go with
1,000,010 million, 100 million, but who cares?
The only time that it actually matters is if you need to buy
something in the short term. So if you have some Bitcoin and
it goes to $1,000,000 and you cash out and you buy a house in
six months from now, then great, yeah, you did well.
But other than that, it makes no sense to think of Bitcoin in
terms of the US dollar. That's my thought on that.
Yeah, 100 percent, 100% agree with you.
Sophie, what are your thoughts on this, Sophie?
So Sophie's been a trooper, and the reason that she's been a
trooper is because you know, what tends to happen with with
Bitcoin wives is, you know, they're support their husbands.
But for the first couple of years they think, you know,
their husbands are absolutely batshit crazy.
And then the number go up does what number go up does?
And then all of a sudden they're like 21 million and the fucking
Fed and this Bitcoin thing was absolutely awesome.
My husband's a genius, right? But it's always like the, like,
steps, you know, the first one or two years, three years, you
know, it's like you're absolutely batshit crazy.
Your parents in law are like, this kid is fucking crazy and
then all of a sudden, you know, number go up, Does what number
go up does? Right.
So Sophie, back to you. You know, do you agree with the
binary aspect of Bitcoin, that $1 million prediction?
I know it's very, very aggressive, but I want to get
your thoughts. It's really, it's really not
that aggressive like you said, because it is an absolute,
absolutely scarce resource. But more than that, I think that
the reason people are seeing the writing on the walls to why
Bitcoin will shoot up to that quantity and beyond because it's
going up forever. Laura, as the great Michael
Saylor has said again and again and again is, is because there
is like this ominous writing on the wall.
I think that there are so many weird, like terrible things that
are happening around the world. The devaluation of the dollar,
war in Ukraine, war in in Gaza. I think that there are so many
tumultuous things happening. There's an election happening at
the end of the year that it's not crazy to think that some
terrible situation is going to happen where people are not
going to come to Bitcoin because necessarily of money go up,
which would be great for all of us, right?
That would be a happy ending. But it is going to come because
it's going to go to that height because of something terrible
happening. I think it's going to come out
of necessity. And once it comes out of
necessity, that number is just going to keep going up forever
and ever. And those who thought we were
crazy, who thought that we were just, you know, crazy people
online talking about conspiracy theories and, you know, things
that could never happen, once those things do happen, then you
know, we're going to, we're going to be the ones who are
prepared. And that's I think, why it'll go
up. And I've said that time and time
again, It's going to unfortunately take something
pretty awful. To orange pill the the masses
because Bitcoin is not necessarily the most convenient
technology to learn. It is going to save us all.
But a lot of people don't want to see that because they they
don't want to be inconvenienced and they don't want to take the
time to learn about how to change their monetary system.
Because again, it's it's difficult and it it takes
opening your eyes to the fact that you've been duped by the
system for most of your life in order to really, truly be orange
peeled and make that change. So I I am scared of what's to
come. As much as I want Bitcoin to hit
$1,000,000, I also think that that's a sign of something more
ominous to come. So we've all, we've all got to
be praying and watching each other's backs.
Yeah. I mean that's a that's a really
good take on on that aspect. But I mean yeah like it and it
and it and it kind of reminds me of what Kathy Wood was saying in
in you know in that clip earlier on in the show right that
Bitcoin functions as this type of insurance right for kind of
like irresponsible you know government spending and all that
stuff. So it it, it completely plays
into that narrative 100%. And also Sophie, I wanted to get
your take on the on the US government selling.
Not only doing Sophie's. Sophie, you know, I'll give you
a little bit of a little bit of insider knowledge but Sophie
gives me, you know, crap all the time for, you know, not buying
at the right time. Like we're like, should we DCA
lump sum like no idea. Like Sophie's like we should do
this. I should do this Like, you know,
so we like try to like DCA Sometimes we can't help
ourselves and we just lump sum but talk about bad trades yet.
Kathy Wood sorry. You had the US government
selling 10,000 Bitcoin in March of last year.
I mean they got absolutely wrecked.
They would have gotten billions of dollars more for that
Bitcoin. And then that's not even the
crazy part, Sophie. The crazy part to me is they're
selling something that is absolutely scarce.
You can't create more of it unless you're going to invest in
the mining infrastructure and then they're selling it for
something that they can literally just create out of
thin air, which is absolutely, absolutely insane.
And I think it's a testament to the dysfunction of government.
What are your thoughts on that? I think, I mean, it's like I
said to you earlier, loyalty, right to their own corrupt
system. And also why would they enable
the system that is going to be the cause of their downfall?
You know what I'm saying? Like, it was a terrible trade,
but I think they were willing to take the L for the sake of
appearing as the stronghold. Because remember, Fiat is not
backed by anything. It's backed by an idea.
And the idea is that the United States is solid.
We are not trillions and trillions of dollars in debt.
We are productive. We don't have a health crisis on
our shoulders, both mentally and physically.
It's so. So the appearances are very
important for the sake of maintaining Fiat.
Fiat is actually all about appearances.
Even if you look at it culturally, somebody will, you
know, buy a car, for example, that is completely out of their
means just so that they can keep up appearances of, you know,
have it like having importance in society.
This is kind of the same thing. I think that them selling
Bitcoin at that price is to keep up the appearance that that
Bitcoin is never gonna catch on. It's just this like new
technology Internet magic money thing that you the real money is
the dollar. The real money is like this is
what we need to like express to the public.
And so, you know, they're they're willing to take the L to
keep up appearances, but at the end of the day, you can't stop
Bitcoin. And they're gonna really wish
that they hadn't traded that in at, you know, if they hadn't,
they would have more money to keep funding wars overseas right
now. Amen.
Amen that. Wow, that was such a great take.
I completely agree. It's the keep up appearances
100%. This is the strong dollar.
You know this magic Internet money you know, but they I I
think they can only keep that for like they can only keep that
up for so long. I think market forces are gonna
do what market forces do best. I think, you know, once
countries like El Salvador continue to thrive and then, you
know, cities in the United States continue to deteriorate,
I think people are going to start asking more and more
questions. And I think this is really why
you see the rise of populism in really the last, you know, half
decade or so. Anyways, guys, it's going to be
a great show. I'm so excited because we're
going to talk to Doctor Albert. Doctor Albert, did he, He did a
bold move. He bit the bullet.
He moved to Freedom country, he moved to El Salvador.
And I'm really, really interested to hear what his
thought process was behind it. I I think I know he announced it
before he did it, but now he did it.
Now he's there. The proof is in the work, so
we're going to dive into that during the culture segment.
But before we get to that, I do want to give a shout out to our
sponsor, the Orange Pill App. Guys, I highly recommend this
app. Stack.
Friends who Stacks Sats joined the 9000 773 bitcoiners that are
currently on the app. You can scan the QR code on your
screen right now or you could check the link in the video
description and it will take you to the App Store of your choice
where you can download the app. The Orange Pill app has this
awesome filtration system where literally you will only interact
with bitcoiners. Who on the Orange Pelap you
won't find web three, you won't find shit coiners, you'll only
find bitcoiners. And what it does also is that it
shows you the bitcoiners that are around your area.
And what I've tended to, what I've tended to notice is like,
you know you're on a different operating system than no
coiners. They don't really understand you
anymore. You know who understands you?
Bitcoiners and Orange Pelap. It allows you to connect with
other like minded individuals. Not to mention the fact that
bitcoiners are going to be the most powerful and influential
people in the next decade, so probably maybe be a good idea to
stack friends who stacks that. So go check out the orange pull
up today. It's also the number one
resource for creating Bitcoin only events.
You can again scan the QR code or check the link in the video
description. And I'm also extremely active,
so I really appreciate all the messages that you're sending me
on the Orange Pill app. I take the time to go through
each and every single one of them and reply.
If you guys want to reach me directly, it's much better.
Hit me up on Orange Pill app, Don't hit me up on Twitter and
get flooded by the if you send me two Bitcoin, if you send me
one Bitcoin, I'll send you 2. So you can DM me on Orange Pill
app and also join the Simply Bitcoin Group on the Orange Pill
app. All right, everybody, let's get
to the culture and talk to Doctor Albert.
The Daily Culture. I also want to give a shout out
to our other Sponsor Kaboom racks.
They're the most trusted place to buy, sell, and host mining
equipment. Check out the racks today.
You can do that by scanning the QR code or checking the link in
the video description. That will take you directly to
their Telegram marketplace. Or you can connect with the
member of their sales team. They make purchasing their
products easy and transparent. What about selling mining
equipment? Kaboom Racks has your back
access their vast network of domestic and international
customers when you sell your mining equipment with Kaboom
racks. This is where I personally buy
my Bitcoin Mining A6. What are you waiting for?
Start your Bitcoin mining jersey today.
Check out Kaboom Racks, scan the QR code or check the link in the
video description. All right, no more delay.
I do want to have this conversation with Doctor Albert.
Doctor Albert, last time you came on simply Bitcoin, you were
talking about moving to El Salvador.
You finally did it. You finally, you know, you
finally pull up. Pulled the trigger.
What made you do that? Were you already?
You would. You are.
Were you always set on it? Were you always convinced that
you were going to do it or what? What was the catalyst?
What made you finally get on a plane, sell your stuff in Fiat
country and move to Freedom Country?
Yeah, I was on your show back in June.
I had, I actually had bought the having party tickets in May of
last year thinking that we would come here to check out El
Salvador and that the having party would be our first visit
and we would basically be tourists and check out the
country to see if it was a place that we might want to move to.
Yeah. So that was May last year.
And then by the time I was on your show, our house was being
we, we were cleaning out our house and getting ready to sell
it because we realized that, well #1, it's a big a house, the
biggest ship coin of the mall. And we can see that the housing,
the real estate market is, is going to tank.
Well, it's it's going to either tank or it's going to
hyperinflate. When the dollar hyperinflates,
when people look to store value in hard assets such as houses in
stocks, they might go up, but they're not going to go up
nearly as much as the dollar will go down.
So, so we were in the process of selling the house or sorry,
cleaning out the house when I was on your show last.
And then a few weeks later we put it for sale.
And and as the months rolled by we just see more and more of of
what I had learned when I was studying Bitcoin and and history
in other countries when a monetary system is collapsing.
And if you've ever read the book The Mandibles.
So good. So good.
Such a good book. Yes, highly recommend.
I mean it's playing out like the Mandibles and which which was
written I believe in two thousand 2017.
So it's not like the book was written a year or two ago.
It was written quite a while ago and everything it predicts is
correct and it's not a Bitcoin book.
I believe it only mentions the word Bitcoin once but you know
now today I we're at the stage of squatters.
I I I don't know if you've seen that on Twitter.
All these houses squatters are taking over people's houses and
that was talked about in the mandibles and I when I was
reading the book I I just from knowing just from seeing what's
happened in other countries in the past I knew it was going to
happen and now it's happening. So you know things like that, I
mean other things would be, I mean you just look at society in
general. People are becoming homeless,
drug addicted, you know, living in tents all over, you know it
used to be maybe a couple of big cities in the US, but now it's
Toronto, smaller cities around Toronto, Vancouver, LA,
Philadelphia, Baltimore, Chicago, San Francisco, New
York. And I I don't it's it's crystal
clear to me. I may be wrong on the exact
timeline, but we're not waiting till till it completely
collapses on us and we're in danger before we move.
And once once people realize what's happening because
everybody's still asleep now or not everybody but majority of
people are still asleep and they they they don't want to know the
truth. They'd rather watch Netflix and
shop on Amazon rather than try to open their eyes and they they
move their goal posts. I try to, I try to orange fill
my friends. I try to tell them what's
happening and it's, I don't know the the typical response is, oh
that's in other countries and and then I show them, Oh well
now it's in Canada. Oh yeah, well, that's not in
Toronto. And I show them stuff in Toronto
and then it still doesn't make them wake up because there's a
lot of cognitive dissonance. In order for them to to accept
the truth, they have to accept that that they've been fooled
their entire lives and especially the people who are
successful, they they would have to admit that they they are only
successful through a a not faulty what's the word?
I'm looking for a a scammy system.
They played the scam system. It wasn't their it wasn't
necessarily their hard work and intelligence that got them where
they are. They played the game right,
which is borrow, borrow, borrow Fiat dollars and put it into
hard assets while us savers are getting poorer and poorer.
So yeah, so we, I just see the, I just saw the progression of
the of the decay of society happening on almost a month,
month to month basis. And and I just wanted to you
know if I'm wrong if somehow things magically turn around in
in in Canada, I just move back. I don't lose anything whereas if
I'm right and people stay in a place that traps them in CBDC,
they can't get out. So that is probably the biggest
reason why why we said you know what, we were just going to come
and visit during having party till to now.
We've moved here as of 6-7 weeks ago, mid February and we're
happy we did it. We did a lot of research, mostly
through Telegram, talking to people who actually came here
from all over the world, but especially Canada.
So we knew what to expect. It's not, it's not all you know,
paradise. We know there's poverty here,
but but it's going to get better, or at least the chance
of it getting better. We're on the up.
Whereas the rest of the world, most of the rest of the world
are on the way down 100. Percent 100% and and I and I see
that this is my first time you know in in El Salvador.
And I I see that come up like I said you know Sophie and I
specifically Sophie you know she like we lived in in in different
parts in Latin America and you know you it's a much different
vibe in El Salvador. It's a lot more hopeful and a
lot more energy and it's on the come up rather than you know,
the the come down. Now I wanted to ask you like
what were if anyone wanted to follow in your footsteps, Doctor
Albert, you know what were what was the process So you purchased
a home what was the how long did it take to get a residency and
all that stuff. Was it complicated?
Yeah. Yeah, at the at the beginning
it's very, I guess sort of intimidating.
But as you delve into it, there's so many people who who
who've made the the, the move and they're very happy to share
with you the the links and resources and answer questions
on Telegram or WhatsApp or or or whatever.
So OK, we're still waiting on our residency.
We applied about a month ago. So typically they say it takes
about 45 days from date of the application.
So hopefully we'll get it in the next next two, two weeks or so.
We we actually and and also we're we're living now we're
renting so we just want to remain mobile no matter how
great the country appears. We're not ready to to you know
but our forever home down just yet so we're renting so you can
see behind me it's like a beautiful view of the pool palm
trees and you know we're paying less than half of what we were
paying in Canada before we we move.
So yeah, there's a Telegram group called Expats, Bitcoiner
Expats, and there's many, many categories.
It's called Bitcoiners in El Salvador, and there are
subcategories in there that that answers pretty much any question
anybody might have. There's a category called
Residency and Relocation, restaurants, if if you have
questions about that, sports, if you have questions about that,
healthcare, transportation, pets, permaculture, everything.
So you go in there if you have any questions, somebody will
always direct you to the right place or tell you know give you
the proper advice them themselves.
So and then there's websites that actually help you,
especially if you don't speak Spanish, which we don't,
although we've been taking lessons classes in the last week
and 1/2 or so. So there's there's services that
help people relocate here. So lawyers, immigration
specialists who who asked, you know, it's different for
everybody. There's about 1516 different
types of residencies that you can get depending on whether
you're retired or a digital nomad or an entrepreneur or a
student. So you'd have to you'd have to
fill them in on your situation and they will be able to help
you. Very cool.
All right, Doctor Albert, I do
want to pivot the conversation. I want to highlight what you are
working on. This is the me premade Bitcoin
merch store. This is something that you
wanted me to show on the show. So kind of walk us through
what's on here. And I know what this is.
This is something that your wife makes.
I got a custom Nikko one, which I'm so happy about.
I didn't bring it with me, but you know, this thing is awesome.
It's called the Orange Pills Car Pendant Bag Charm.
It is so freaking cool. I can't emphasize that enough.
So why don't you walk us through this website, Doctor Albert?
Sure, it's not my website, it's me.
Premier Bitcoin's at BTC Pay Server.
So about a week ago we went to a Bitcoin meet up here in El
Salvador and we were selling these little pills for for 10
bucks and people seem to really like them.
Then we got home and and my wife and I talked about it and we
decided that we didn't really want any of the profits from it.
So, So the next day I got in touch with Emilio from the
Premier Bitcoin and told him that we'd like to keep producing
these and every cent of that $10 will go directly to me Premier
Bitcoin. So we will bring them to meet
UPS, we will supply them to couple of stores and when
somebody purchases purchases it, they will pull up.
Well, not the, not the buyer, but the owner of the store will
pull up this BTC pay server and it'll if you click on buy, buy
the pendant, it'll show a dynamic lightning QR and you pay
for it and the money goes directly to the premier Bitcoin.
So you know that I'm not taking one penny out of that $10 and
hopefully that will encourage more people to to just purchase
because it's it's really a donation.
We're really asking for a $10 donation for for each of these
little pills that my wife makes. It is proof of work.
She she crochets them. It takes about 30 minutes or so
for this for this little one. So we we only can make so many
per day but we're going to be bringing I think we've made or
she's made about 20 of them and we're going to bring them to the
having party and hopefully people will buy them and and
realize it's going to like an amazing amazing cause.
Yesterday I was at the ME premier Bitcoin graduation for a
local school here where I I don't know how many exactly but
probably between hundred 150 students who took the ME premier
Bitcoin 10 week course graduated.
It was like a normal graduation ceremony.
They got their diplomas went up on stage, get their diploma and
I was one of the the verifiers. So I would verify that each
student was able to send and receive Bitcoin on lightning and
answer a couple of questions as well as restore seed phrase on
their hot wallet. So yeah, so I think everybody
passed. So yeah, new premier Bitcoin is,
is really going to help El Salvador.
And actually I believe they're in 21 countries.
I believe there's 700 Bitcoin teachers now that are signed up
with them. So people often ask or criticize
Bitcoin, saying it's not, it's not working.
I think it's failed. Not everybody, like hardly
anybody accepts Bitcoin. I mean, you can't expect an
entire monetary system of the world to change in one year, two
years, five years, 10 years, right?
It just doesn't make sense. So from the ground up with the
children learning, the difference between one of the
questions for verifying the students was what's the
difference between centralized and decentralized?
Another question was what is inflation?
What is the difference between the US dollar and Bitcoin?
You know these are they should be basic questions but I mean I
didn't even know the answer to those questions until a few
years ago and I'm in my 50s so I think it's going to a great
great 'cause and yeah 011 other thing yesterday at that
graduation BTC sessions, Ben was there and so I I I chatted him
up and I sold him one of these. So he is the first person to
donate to me premier Bitcoin through these little orange
pills. So, and I'd like for you to be
the second person, if we could do that live on air to show
people. 100% we can do that live on air.
Let's do that right now. This is is this main chain or is
this lightning? Here's the lightning here.
All right, let's do this. Nico get two, I want to be the
third. Let me.
See, I can hear. Let me let's just let's see if
we can make it through one first.
Here we go, is this me? There we go.
Meep your mid Bitcoin and it is sending the transaction right
now. Oh, you got Zeus?
I got Zeus. Nice.
Boom. All right.
Invoice paid. Boom, Boom, boom just made the
second donation to. There you go to and I got AI.
Got a little surprise for you all.
Right. I'm.
I'm all ears. I'm all.
Ears. Let's see if you guys can guess
who this might be. Oh, it's it's.
Oh my God. Let's get Toby's reaction.
I love it. I love it.
That is so cute. Oh my God.
It has headphones. I'm obsessed.
That's so cute.
Oh my. Everybody in the chat needs to
be buying these right now. This is so adorable.
Thank you so much. And thank you to your wife, Amma
says. Thank you.
So you're. Very, very welcome.
So if you'd like to maybe donate again, but for this one, 'cause
this one, yes, yes, later on, later on.
I will definitely have to. I will donate again one more,
one more time. But wow, this is Albert's won my
heart. Once again guys, you can check
the link to get yourself one in in the live chat.
I just put it, put the link there, put the link there twice
so you can go straight there anyways.
Actually, yeah. You can't buy directly from
there. We don't, we don't deliver.
So it's just for whoever's selling them to pull pull them
up to pay. Well, it's a it's it's a it's a
donation if you guys want to donate.
And. And yeah, so Albert, thank you
so much. Go ahead.
Wait. Yesterday when I ran to BTC
sessions, I said I I wanted them to watch the show because we've
got one for him too. Oh.
There we go. There you go.
There we go. It kind of looks like you.
It does. It does, yeah.
That'll be for him. Oh my God.
I love it. I love it.
Awesome. All right, guys.
Well, thank you so much for tuning in to another episode of
Simply Bitcoin Live, the second Simply Bitcoin Live episode
streaming live from Sun Salvador in El Salvador at the base of a
volcano. I want to thank my beautiful
wife Sophie for Co hosting today Philly and for Opti.
Thank you Sophie, really, really appreciate it.
And of course I also want to thank our very special guest
Doctor Albert, which tends to win over my heart multiple
times. We're going to be meeting in the
flesh very very soon at the having party.
So next time guys, we'll see you tomorrow for another episode of
Simply Bitcoin Live. Live from the having party on
the beach in El Salvador. Should be absolutely awesome.
I don't know where we're going to be set up, but it should be a
lot of fun. Doctor Albert, please hang
around in the in the the backstage for a little bit.
Anyways guys. Love you all.
If you guys enjoyed the show, like subscribe and we'll see you
tomorrow for a brand new episode.
Peace out everybody. Well, because they want to.
Sell. It eventually, Michael.
I mean, let's be honest, most of the people who are, yes, sure,
some people pass it on to their children, but like most of the
people who are buying assets at some point want to sell the
assets at a profit. So I guess let me say it
differently, people that use Fiat currency as a store of
value, there's a name for them. We call them poor, OK?
Was brought to you by bitcoinwell.com, a Bitcoin only
platform on a mission to enable financial independence.