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Yo, Larry Laparde accurately 
predicted this recent market 

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crash, but also made a shocking 
prediction about where Bitcoin 

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goes next. 
Let's get straight into this 

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prophecy from only 8 days ago, 
and I want you guys to pay very 

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close attention to what Larry 
predicted about Bitcoin's price 

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after he nailed this recent 
market crash. 

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Let's check out the clip. 
Larry, what's going on with the 

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price of Bitcoin? 
And your answer was fascinating.

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Yeah. 
So, yeah, let me just elaborate 

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on what I think's going on. 
And it's probably not what 

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Bitcoin is want to hear right 
now. 

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But so I, I think if you look at
what's going on where we are on 

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the movie, right, we're at the 
point in time where the the US 

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stock market is about to roll 
over. 

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It started rolling over, broke 
through some critical resistance

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and we're in a little bit of a 
bounce right now, but I think 

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we're about to have another leg 
down. 

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And this is all being driven by 
the Trump policies, you know, 

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the tariffs and, and kind of the
disruption stuff he's doing. 

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And, you know, the market 
doesn't like uncertainty. 

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There's a lot of uncertainty. 
So and, and the market's very 

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overvalued using any historical 
measures. 

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So I believe we're about to 
enter a market downturn, fairly 

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significant one. 
It's kind of down 10% from the 

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top. 
I think we could easily go down 

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20 and maybe even 30 or 40 over 
the next few months. 

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And if that's the case, that's a
negative liquidity event, You 

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know, people, stocks get marked 
down and people feel less 

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wealthy and, and it's, you know,
a cyclical thing for the 

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economy, etcetera. 
And so typically when that 

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happens, all asset prices go 
down because people have to sell

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to meet margin calls, so on and 
so forth. 

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And as I was saying to Nico pre 
pre show, you know, bitcoins not

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immune from this, sadly, it, it 
is sound money. 

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It, it should be a, a safety 
bid, but, but it won't 

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necessarily get a safety bid. 
And, and so I'm actually of the 

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view that just to cut to the 
chase that we could see a lower 

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Bitcoin price before we see a 
much higher Bitcoin price. 

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And you know, by that I mean, 
maybe something in the high 70s,

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something starts with a 70, 
which I know is not what people 

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want to hear, but I think it's, 
I think it's possible. 

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If it does happen, I don't think
it'll last for long. 

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The reason I say that is that 
the Federal Reserve has already 

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started to indicate they're 
going to loosen. 

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They, they, they reduce the 
amount of quantitative 

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tightening that they are doing 
from 25 billion a month to 5 

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billion a month. 
That's a big cut in a 

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concession, I think, on the part
of of Powell to to help Trump 

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out. 
And, and I think that when the 

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market rolls over the way we're 
describing, it won't be long 

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until the economy and employment
and all the other indicators 

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start to indicate softness too. 
And even though they haven't 

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really licked inflation, they're
going to look beyond that and 

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just say, well, OK, time to time
to get more aggressive about 

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cutting and they're going to 
cut. 

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And when that happens, then 
bitcoin's going to go the other 

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way. 
And it's because that in my 

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view, will be the the prelude to
what will ultimately be coming, 

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which of course is the name of 
the book, the big print. 

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And so, you know, as I said to 
Nico, I also think by the end of

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the year, bitcoin's going to be 
at 1:40 to 2:50. 

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So that's December. 
But I guess the point I'm trying

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to make it, and this is just a 
guess. 

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I mean, I've been wrong a lot 
probably be wrong about this 

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too. 
But you know, you have to win. 

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You're a macro guy and you're 
making investments, you're 

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managing a fund. 
You got to try to make your best

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estimate of what's going to 
happen. 

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And, and I, I think the stock 
market's in trouble and I think 

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that right now there's a lot of 
correlation between the high 

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tech stocks and Bitcoin. 
I think this cycle will break 

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that correlation, that this will
be the time when you know the 

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stock market will roll over and 
they will come with liquidity to

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try and prevent the downturn 
from occurring and the stocks 

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will ignore it. 
All right, everybody. 

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And Larry got that absolutely 
100% right. 

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That was only 8 days ago 
backstage at the Mining Disrupt 

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conference in Fort Lauderdale, 
FL. 

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And exactly what he predicted in
regards to the market is 

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happening completely red. 
I mean, the S&P is literally 

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falling off a Cliff. 
If you look at the chart and 

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what what Larry said regarding 
the decoupling is actually 

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happening. 
The Bitcoin price is actually 

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holding strong despite one of 
the worst days in the SNP. 

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So I mean, this is crazy, bro. 
This was this was prophetic. 

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Is Larry Leopard the new Lisan 
Al Gaib? 

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Josh Mandela held the title for 
a couple of weeks, and now it 

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could be a couple of days. 
And now it's Larry Leopard and 

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we have a little sneak peek for 
you guys. 

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We're actually going to be 
interviewing Larry Leopard here 

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at the Bit Block Boom 
conference. 

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Dante's going to be having that 
interview. 

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So we're going to have another 
update for you guys from the new

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Profit because he hit the nail 
on the absolute head here. 

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But again, what's really 
interesting to me, I was 

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thinking Bitcoin was going to 
fall off a Cliff. 

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Like the fact that Bitcoin is 
holding strong. 

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Like Bitcoin historically has 
been treated like a risk on 

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assets. 
So it it should be falling off 

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the off the Cliff with the S&P. 
But that's clearly what's not 

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happening. 
Anyways, Opti, what's your take 

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on all this bro? 
Yeah, well, shouts out to Larry 

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and and honestly shouts out to 
him in that in that clip, 

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because he was very humble about
it. 

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I know he kind of gets a lot of 
a lot of the trash talking on 

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Twitter. 
They call him a doomer all the 

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time. 
And he's like, look, as a macro 

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guy, you make predictions, you 
may be wrong. 

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You got to, you know, eat that 
humble pie when you're wrong. 

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But hey, a week ago, we didn't 
really know what was going to 

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take place with all these 
tariffs. 

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Obviously, now in hindsight, we 
know what happened. 

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There's been global chaos in all
markets. 

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You know, Nasdaq's down this 
morning worse than it was 

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yesterday. 
We're seeing even gold's kind 

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of, you know, not hitting all 
time high right now. 

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So we're seeing that there is a 
lot of uncertainty in the 

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markets. 
But the biggest signal here is 

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what Nico just said. 
Bitcoin is holding very strong. 

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It's super resilient right now. 
I know when we were watching the

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speech the other day, we saw it 
go up to about 87, almost 88, 

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and then it went down to 81. 
But today it's at like 83 in. 

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In the face of all this economic
uncertainty being caused by 

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tariffs, I think Bitcoin is 
holding on very, very strong. 

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I think that is the silver 
lining right now. 

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And maybe this is the greater 
trend we've been thinking was 

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going to play out in a long 
time. 

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The tariffs are causing a lot of
economic uncertainty, but now 

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maybe maybe people are starting 
to understand that Bitcoin isn't

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necessarily that risk on asset 
that they thought it was. 

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It might in fact be that risk 
off asset and the fact that it 

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is holding this strong in the 
face of literally the worst. 

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I think of the I think Rusty and
I were talking about this this 

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morning. 
It was all on CNBC, the worst 

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two day market downturn since 
2020 and Bitcoin didn't dump 

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this time. 
So we're may not be seeing a 

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Black Swan moment like we saw in
2020. 

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This may be, I don't know if you
say it the opposite way, like a 

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white swan moment here where 
Bitcoin is acting very, very 

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well right now. 
And I know like Larry was 

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saying, hey, this is probably 
not what Bitcoiners want to 

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hear. 
He's kind of saying maybe it 

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goes to 75 K, but by the end of 
the year, it might or probably 

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will go into the mid 6 figures. 
I know Arthur Hayes is kind of 

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saying something similar. 
We covered that on Monday. 

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He said, look, I think it might 
go down to 76 K, but I think 

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shortly after it'll go into, you
know, 200K territory and he's 

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kind of leaning more towards 200
K territory. 

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So what do we really know? 
Obviously, we're reading tea 

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leaves here, but it is 
absolutely incredible that Larry

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Leopard kind of, you know, hit 
the ball out of the park on this

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prediction. 
And I think it really goes to 

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once you understand Bitcoin 
fundamentals and of course, now 

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we're all macro experts because 
we have to be. 

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You kind of see the writing on 
the wall and you're seeing, hey,

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things are essentially playing 
out how we've been talking about

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all week. 
You know, we're seeing this war 

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between Scott Besset and Jay 
Powell. 

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It seems like Powell is kind of 
getting put in his place. 

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And you know, the 10 year 
Treasury is down under 4%. 

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And there, if you watch that 
whole clip, Larry said there's 

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four things that he watches. 
He watches the price of Bitcoin,

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the price of gold, the price of 
the NASDAQ, and then of course 

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the 10 year Treasury bond yield.
And most of those things are in 

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the red. 
And Bitcoin is holding very 

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solid right now. 
So I would say it's a lot of 

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bullish indicators in Bitcoin's 
favor. 

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Obviously we want to see the 
Bitcoin price RIP because of 

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course we're, you know, we're, 
we're stupidly bullish on 

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Bitcoin always. 
But I think in the face of all 

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the economic uncertainty, 
Bitcoin is holding up very 

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strong. 
And this tariff stuff is, is a 

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big deal right now. 
And we're seeing that there is a

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lot of fear in the markets. 
And I mean, yesterday we were in

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a Lyft and even our Lyft drivers
were talking about what's going 

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on in the markets. 
So we're we're almost I I don't 

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want to say we're at the like 
shoeshine boy being bullish on 

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Bitcoin, but we are at the 
shoeshine boy talking about the 

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global, global markets because 
it's that impactful. 

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So it seems like Bitcoin is 
just, I don't know. 

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I would say it's ABS absolutely 
doing an incredible job right 

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now. 
I'm I'm just happy I'm a 

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bitcoiner considering everyone 
else is freaking out. 100% I 

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mean it, it's crazy that again, 
Bitcoin is not acting like a 

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risk on asset. 
People are using it. 

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I mean it, it, this is this is 
uncharted territory right now. 

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Again, I think Trump, Trump's in
the driver's seat. 

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I think Trump is actively trying
to force the hand of the Fed to 

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change from that QT stance to 
that QE stance. 

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And during the new segment, 
we're actually going to do a 

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little bit of a deep dive. 
We have a theory we're 

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speculating here. 
There's no way to confirm this 

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for sure, but it's Trump trying 
to end the Fed all together. 

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I mean, we have a couple of 
clips that we have compiled and 

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it makes a very strong case that
that is his goal. 

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I don't think from an Overton 
Window perspective, that is 

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something that he can publicly 
say. 

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But there is a very famous clip 
going around a couple days ago 

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of Elon Musk essentially being 
asked by a member of the crowd. 

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He was actively campaigning, I 
think it was in Wisconsin. 

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And he was act like, you know, 
Elon, what do you think about 

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the Fed? 
And then as a joke, Elon was 

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like and the Fed and the Fed. 
And then he ended the 

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conversation with essentially 
making the case that hey, look 

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like, you know, he started 
talking about waste and he 

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started talking about doge, 
right? 

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So we've been making the case 
that, look, even if DOGE gets 

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some of this crazy deficit 
spending under control, there's 

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still going to be a tremendous 
amount of waste because it's not

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addressing the root cause. 
And we're just one 

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administration away from 
essentially reversing all the 

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work that DOGE has done. 
The root cause of all this is 

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the central Bank of the United 
States. 

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It is the Federal Reserve. 
It's the ability for the 

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government to create money for 
free that everyone else has to 

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work for. 
All the things that are 

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happening in the in in 
government right now with all 

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these inefficiencies, that is 
the root cause. 

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00:10:44,920 --> 00:10:48,760
And if you don't address the 
root cause, the problem is going

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to continue repeating. 
Not only repeating, it's going 

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to continue to get worse. 
So we're going to be talking 

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about this. 
We have a bunch of clips 

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compiled to make the case for 
you guys. 

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00:10:59,200 --> 00:11:03,080
I mean, Trump might be playing 
3D forty chess right now. 

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00:11:03,200 --> 00:11:06,720
His goal might be to end the 
Federal Reserve. 

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Once you guys see these clips 
towards the middle of the show, 

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I mean, they make a very, very 
strong argument of just that. 

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00:11:13,640 --> 00:11:18,040
But today's headline is Bitcoin 
is holding strong while the 

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00:11:18,040 --> 00:11:20,880
market, the SNP, continues to 
meltdown. 

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00:11:21,040 --> 00:11:24,280
Again, this was predicted by 
Larry Leopard 8 days ago. 

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00:11:24,280 --> 00:11:25,560
We just played you guys the 
clip. 

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00:11:25,680 --> 00:11:29,240
We're going to get you guys a 
new interview regarding Larry's 

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00:11:29,240 --> 00:11:32,040
current thoughts at the Bit 
Block Boom conference. 

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I think tomorrow that's going to
be happening. 

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So guys, it's going to be a 
great show. 

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We have tons to cover. 
We also have a clip of you guys 

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00:11:39,640 --> 00:11:43,680
of Preston Pish talking about 
essentially what's going on, 

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what's going on with Bitcoin, 
how Bitcoin is essentially 

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00:11:46,480 --> 00:11:50,320
changing the whole global 
macroeconomic landscape. 

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00:11:50,480 --> 00:11:54,400
It's forcing people to forcing 
countries, it's forcing nation 

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00:11:54,400 --> 00:11:57,920
states, it's forcing economies 
to kind of change their outlook 

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00:11:58,320 --> 00:12:00,960
because Bitcoin exists. 
And again, you don't change 

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00:12:00,960 --> 00:12:03,320
Bitcoin, Bitcoin changes you 
guys. 

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00:12:03,320 --> 00:12:05,640
It's going to be a great show. 
If you guys are enjoying it so 

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00:12:05,640 --> 00:12:11,360
far, 1200 of you guys watching 
live between YouTube and X, make

246
00:12:11,360 --> 00:12:14,480
sure to smash that like button 
and want to give a shout out to 

247
00:12:14,480 --> 00:12:18,240
the live chat and appreciate the
Super chat from Vault Dweller. 

248
00:12:18,440 --> 00:12:21,680
Thank you for the $2.00. 
So guys smash that like button. 

249
00:12:21,680 --> 00:12:25,000
If you guys are enjoying today's
show, we still have a ton of 

250
00:12:25,000 --> 00:12:27,520
content to get to. 
We'll be right back. 

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00:12:27,520 --> 00:12:30,200
We're going to hit the number 
second numbers segment. 

252
00:12:38,840 --> 00:12:41,880
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today. 
All right, everybody, we are 

275
00:14:06,720 --> 00:14:09,280
back. 
Let's jump straight into today's

276
00:14:09,280 --> 00:14:11,360
numbers. 
We have tons to talk about. 

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00:14:11,560 --> 00:14:13,680
Here we go. 
At the time of recording, the 

278
00:14:13,680 --> 00:14:20,840
Bitcoin price is $83,120. 
Block height 890,916 sats per 

279
00:14:20,840 --> 00:14:26,840
dollar 1203 market cap 1.65 
trillion Bitcoin versus gold 

280
00:14:26,840 --> 00:14:33,600
market cap 7.72% Percentage 
issued 94.5% decline from all 

281
00:14:33,600 --> 00:14:39,440
time high -23 point 9% Realize 
monetary inflation .8 through 

282
00:14:39,480 --> 00:14:41,800
eight 8%. 
Anyways, I have a clip for you 

283
00:14:41,800 --> 00:14:47,200
guys from the BTC session show. 
Preston Pish has some thoughts 

284
00:14:47,200 --> 00:14:50,200
regarding the whole Fiat system 
Bitcoin. 

285
00:14:50,200 --> 00:14:51,520
I thought it was really 
interesting. 

286
00:14:51,600 --> 00:14:54,160
I'm going to play it for you 
guys and then me and Opti will 

287
00:14:54,160 --> 00:14:57,440
discuss. 
When I look at everything that's

288
00:14:57,440 --> 00:15:00,440
happening right now, they're 
being forced, traditional 

289
00:15:00,440 --> 00:15:04,000
finance, Fiat, all of it. 
They're being forced to play our

290
00:15:04,000 --> 00:15:06,920
game is all there is to it. 
There's going to be a lot of 

291
00:15:06,920 --> 00:15:08,840
confusion. 
This is going to be very messy. 

292
00:15:08,960 --> 00:15:11,560
No one ever thought this was 
going to be very simple. 

293
00:15:11,600 --> 00:15:14,560
And just like in the individual,
when they come into this space 

294
00:15:14,560 --> 00:15:17,200
and they get all excited and 
they go out and they buy a bunch

295
00:15:17,200 --> 00:15:19,040
of this coin, that coin, and 
they really don't even 

296
00:15:19,040 --> 00:15:21,720
understand what it's all about. 
You see that then happen at an 

297
00:15:21,720 --> 00:15:24,560
organizational level and now 
you're literally watching it 

298
00:15:24,560 --> 00:15:27,920
happen at a nation state level. 
And it shouldn't surprise 

299
00:15:27,920 --> 00:15:32,360
anybody because it at the very 
top of a nation is a leader and 

300
00:15:32,360 --> 00:15:35,120
a person who's calling the shots
and their whole staff is falling

301
00:15:35,120 --> 00:15:37,560
in underneath of them and 
they're they're propagating 

302
00:15:37,560 --> 00:15:40,160
these messages. 
And so sometimes you see in El 

303
00:15:40,160 --> 00:15:42,440
Salvador where somebody just 
kind of gets it right out of the

304
00:15:42,440 --> 00:15:43,760
gate. 
They're orange pill. 

305
00:15:43,760 --> 00:15:45,440
They understand why bitcoins 
very different. 

306
00:15:45,440 --> 00:15:47,760
And you get that's that 
leadership that's all underneath

307
00:15:47,760 --> 00:15:50,160
of that. 
And you saw that, you know, in 

308
00:15:50,160 --> 00:15:52,080
style. 
You saw this also with 

309
00:15:52,080 --> 00:15:54,880
MicroStrategy with Michael 
coming in and he's a hardcore 

310
00:15:54,880 --> 00:15:56,280
bitcoiner. 
The only thing he buys is 

311
00:15:56,280 --> 00:15:59,120
Bitcoin. 
You might see that approach. 

312
00:15:59,120 --> 00:16:02,400
You might not see that approach.
I would argue in the US where we

313
00:16:02,400 --> 00:16:05,760
came from in the past 
administration and what they 

314
00:16:05,760 --> 00:16:09,520
were trying to do with a crypto 
army to defeat it and put all 

315
00:16:09,520 --> 00:16:11,520
these things in place. 
I mean, Gary Ginsler was a 

316
00:16:11,520 --> 00:16:15,880
puppet, trying everything to 
stop the SAB 1/21 as an example.

317
00:16:16,000 --> 00:16:19,400
All of those things, they're all
being reversed and turned inside

318
00:16:19,400 --> 00:16:21,400
out. 
And so as I'm looking at this, 

319
00:16:21,400 --> 00:16:23,040
why am I bullish? 
Well, I'm bullish because 

320
00:16:23,040 --> 00:16:24,560
they're being forced to play our
game. 

321
00:16:24,920 --> 00:16:28,960
And when I look at like SAB 121,
all these banks, they're going 

322
00:16:28,960 --> 00:16:31,880
to come into this hardcore, 
they're going to come into this 

323
00:16:32,000 --> 00:16:33,280
okay. 
And if you think you're going to

324
00:16:33,280 --> 00:16:37,360
turn that off after four years, 
after they get totally ingrained

325
00:16:37,360 --> 00:16:39,960
into this ecosystem, you're 
totally kidding yourself. 

326
00:16:40,240 --> 00:16:42,280
Now, are there going to be a lot
of mistakes? 

327
00:16:42,640 --> 00:16:45,040
I, I hope not. 
I hope I'm trying to do 

328
00:16:45,040 --> 00:16:47,360
everything I can, writing 
different articles talking about

329
00:16:47,360 --> 00:16:50,280
rehypothecation and the risks 
that are associated with that 

330
00:16:50,280 --> 00:16:52,720
being pulled back and, and what 
not. 

331
00:16:52,720 --> 00:16:54,960
But we got to try the best we 
can. 

332
00:16:54,960 --> 00:16:56,920
And it's an, it's an education 
burden. 

333
00:16:56,920 --> 00:17:01,600
And I'm super, super, holy crap 
am I bullish going into this 

334
00:17:01,600 --> 00:17:04,640
year. 
But I also want to take all the 

335
00:17:04,640 --> 00:17:08,680
lessons we've learned for the 
past decade and 1/2 and try to 

336
00:17:08,680 --> 00:17:12,680
apply that to and try to teach 
people the best we can so that 

337
00:17:12,680 --> 00:17:15,640
we don't keep repeating the same
mistakes. 

338
00:17:15,680 --> 00:17:18,720
And my God, there's a lot of 
mistakes we've made or seen in 

339
00:17:18,720 --> 00:17:20,359
the past that I think we can 
learn from. 

340
00:17:20,720 --> 00:17:23,560
Today's bullish bit was brought 
to you by Coin Kite, makers of. 

341
00:17:26,520 --> 00:17:27,720
Sorry about that. 
The end. 

342
00:17:28,079 --> 00:17:31,600
Anyways, Opti, what's your take?
I mean press and pitch dropping 

343
00:17:31,880 --> 00:17:36,080
the wisdom on why are we 
bullish, What are your thoughts?

344
00:17:36,480 --> 00:17:39,960
Yeah, well, obviously I love 
Preston pitches analysis on all 

345
00:17:39,960 --> 00:17:42,840
things stock market. 
You know he, I think he's been 

346
00:17:42,840 --> 00:17:45,880
one of the and I hate to use it,
thought leaders in the Bitcoin 

347
00:17:45,880 --> 00:17:48,760
space who's been nailing a lot 
of this stuff and, and I find it

348
00:17:48,760 --> 00:17:49,920
very interesting. 
You know, a lot of us 

349
00:17:49,920 --> 00:17:54,160
bitcoiners, we we do kind of get
ahead of our skis at times when 

350
00:17:54,160 --> 00:17:58,800
we talk about Bitcoin because we
fundamentally have our biases 

351
00:17:58,800 --> 00:18:01,120
being confirmed constantly. 
We think Bitcoin is the best 

352
00:18:01,120 --> 00:18:04,640
asset, the best money in the 
world to hold and a lot of times

353
00:18:04,760 --> 00:18:08,400
we forget just how tiny the 
Bitcoin market is in general 

354
00:18:08,400 --> 00:18:12,400
compared to other global assets.
But as press and pitch is kind 

355
00:18:12,400 --> 00:18:16,360
of laying out, it's we're 
starting to see that every other

356
00:18:16,360 --> 00:18:18,720
institutional asset manager, 
basically everything in the 

357
00:18:18,720 --> 00:18:21,560
world right now that has to do 
with capital is starting to play

358
00:18:21,560 --> 00:18:22,960
our game. 
And I love how he said it's like

359
00:18:22,960 --> 00:18:24,680
they're being forced to play our
game. 

360
00:18:24,680 --> 00:18:27,080
And of course, by that we're 
talking about the Bitcoin game, 

361
00:18:27,080 --> 00:18:29,880
hard cap, supply, censorship 
resistant, permissionless 

362
00:18:29,880 --> 00:18:33,640
network, 24/7 global liquidity. 
And, and we're starting to see 

363
00:18:33,640 --> 00:18:36,880
that there is this transition 
era that we're going through. 

364
00:18:36,880 --> 00:18:39,160
Yes, Bitcoin is maturing. 
Yes, we're entering a new 

365
00:18:39,160 --> 00:18:42,640
paradigm, but it it's starting 
to seem like the, you know, the 

366
00:18:42,640 --> 00:18:45,960
leaders of the world or the 
leaders of capital in the world,

367
00:18:45,960 --> 00:18:48,480
whether it's the Larry Finks, 
the Donald Trump's or everyone 

368
00:18:48,480 --> 00:18:51,920
around the world is starting to 
have to take a very serious look

369
00:18:51,920 --> 00:18:53,880
into Bitcoin. 
And I think that's what Preston 

370
00:18:53,880 --> 00:18:56,120
pitch is laying out there. 
Obviously, he can say it a lot 

371
00:18:56,120 --> 00:18:59,200
better than I can, but we're 
starting to see that a new game 

372
00:18:59,200 --> 00:19:01,920
is starting to kind of 
proliferate right now. 

373
00:19:02,200 --> 00:19:05,600
And hey, as we know, the meme, 
as Max Keiser's been saying 

374
00:19:05,600 --> 00:19:08,760
forever on every show he's ever 
been on, is you can't change 

375
00:19:08,760 --> 00:19:10,160
Bitcoin. 
Bitcoin changes you. 

376
00:19:10,480 --> 00:19:12,320
Now, of course, Bitcoin is tiny 
right now. 

377
00:19:12,440 --> 00:19:16,920
So are we going to see Bitcoin 
instantaneously change 

378
00:19:16,920 --> 00:19:18,960
traditional finance? 
Obviously, no. 

379
00:19:18,960 --> 00:19:21,600
We've been doing this for about 
16 years in the Bitcoin space. 

380
00:19:21,600 --> 00:19:25,560
So that who knows how long this 
next transition phase is going 

381
00:19:25,560 --> 00:19:28,440
to be, whether it's, you know, 
by the end of the Trump 

382
00:19:28,440 --> 00:19:30,440
administration, whether it's two
cycles from now. 

383
00:19:30,640 --> 00:19:33,680
But we're starting to see that 
people are waking up to the 

384
00:19:33,680 --> 00:19:36,760
proof of work mechanisms that is
Bitcoin in every aspects of 

385
00:19:36,760 --> 00:19:38,200
life. 
I've been saying this for a long

386
00:19:38,200 --> 00:19:41,080
time on the show. 
Proof of work is a lifestyle. 

387
00:19:41,200 --> 00:19:43,360
It's not just, you know, how 
mining works. 

388
00:19:43,560 --> 00:19:46,400
You have to put in the work. 
You have to adjust to how proof 

389
00:19:46,400 --> 00:19:49,840
of work works and, and it seems 
like we might be moving away 

390
00:19:49,840 --> 00:19:54,320
from a Fiat proof of stake 
system into a Bitcoin proof of 

391
00:19:54,320 --> 00:19:56,360
work system. 
Obviously it's going to take a 

392
00:19:56,360 --> 00:20:00,080
long, short or sorry, a long 
drawn out time here. 

393
00:20:00,240 --> 00:20:02,880
It's not going to be easy. 
But I do think we are starting 

394
00:20:02,880 --> 00:20:05,840
to see the beginning of people 
capitulating and bending the 

395
00:20:05,840 --> 00:20:08,800
knee towards Bitcoin. 
It's, and it's not even because 

396
00:20:08,800 --> 00:20:11,720
they want to, It's because they 
have to look at the markets 

397
00:20:11,720 --> 00:20:13,600
today and look at the markets 
yesterday. 

398
00:20:13,840 --> 00:20:17,400
People are freaking out right 
now, so they have to adjust 

399
00:20:17,400 --> 00:20:18,960
their world. 
View and obviously as a 

400
00:20:18,960 --> 00:20:21,440
bitcoiner, we're like we have 
the best world view we're able 

401
00:20:21,440 --> 00:20:23,920
to predict where the future is 
going we're able to predict 

402
00:20:23,920 --> 00:20:26,880
where the ball is going and we 
are just kind of waiting at the 

403
00:20:26,880 --> 00:20:28,800
finish line. 
Obviously I'm not going to go 

404
00:20:28,800 --> 00:20:31,920
full pod comped on Uniko and say
that Bitcoin has already won, 

405
00:20:32,120 --> 00:20:35,160
but we are ahead of the curve 
and we're just seeing everyone 

406
00:20:35,160 --> 00:20:39,080
kind of start to realize what 
the hell is going on and somehow

407
00:20:39,080 --> 00:20:42,880
45 IQ bit corners on YouTube are
like guys, it's it's it's pretty

408
00:20:42,880 --> 00:20:44,120
simple. 
We've been telling you all week 

409
00:20:44,120 --> 00:20:46,240
what is going on and now it 
seems to be playing out. 

410
00:20:46,240 --> 00:20:49,280
The dominoes are falling and I 
think Preston Pitch is right, 

411
00:20:49,360 --> 00:20:52,040
the world is being forced to 
adopt Bitcoin, they're being 

412
00:20:52,040 --> 00:20:55,080
forced to adopt our game and you
just love to see it. 

413
00:20:55,080 --> 00:20:59,120
A. 100% and anyone who doesn't 
have Bitcoin is going to be left

414
00:20:59,120 --> 00:21:02,400
behind. 
I think that is clear as day and

415
00:21:02,600 --> 00:21:05,160
really exciting times, man, 
we're heading in like even 

416
00:21:05,160 --> 00:21:09,000
despite the market just dropping
like crazy in the SNP, Bitcoin 

417
00:21:09,000 --> 00:21:12,240
is holding strong again. 
The US government has every 

418
00:21:12,240 --> 00:21:16,120
intent to, with this current 
administration to acquire more 

419
00:21:16,120 --> 00:21:18,400
Bitcoin. 
I mean, I mean, this is pretty 

420
00:21:18,400 --> 00:21:19,880
crazy. 
This is this, this is going to 

421
00:21:19,880 --> 00:21:23,400
be a crazy 4th, 4th turning. 
I think the next four years 

422
00:21:23,560 --> 00:21:27,360
we're going to see some crazy, 
crazy events that we've never 

423
00:21:27,360 --> 00:21:31,400
seen in world history before. 
I think Breedlove thesis was 

424
00:21:31,400 --> 00:21:35,360
that essentially at the end of 
this 4th turning, people are 

425
00:21:35,360 --> 00:21:38,520
going to discover the answer to 
what is money. 

426
00:21:38,520 --> 00:21:42,160
I think the world is slowly 
awakening to that, the global 

427
00:21:42,160 --> 00:21:46,320
consciousness and of course, all
roads lead to Bitcoin. 

428
00:21:46,320 --> 00:21:49,360
Guys, stay tuned because during 
the news segment, I'm going to 

429
00:21:49,360 --> 00:21:53,880
be making the case as to why the
Trump administration possibly 

430
00:21:54,160 --> 00:21:58,040
has the intent to end the 
Federal Reserve. 

431
00:21:58,040 --> 00:22:02,680
There's a lot of things that he 
has said that, you know, makes 

432
00:22:02,680 --> 00:22:05,360
you question. 
And again, I'm not the only one 

433
00:22:05,360 --> 00:22:08,680
saying this, a lot of people are
are, are also coming to this 

434
00:22:08,680 --> 00:22:11,040
theory as well. 
So I'm going to be laying out 

435
00:22:11,040 --> 00:22:13,880
the case for you guys. 
Also, it seems like there's 

436
00:22:13,880 --> 00:22:17,200
currently some politics 
happening between the Fed that's

437
00:22:17,200 --> 00:22:19,960
supposed to be independent. 
But if the Fed is independent, 

438
00:22:20,400 --> 00:22:22,920
who tells the Fed what to do, 
right? 

439
00:22:23,120 --> 00:22:26,760
Like, you know, we always hear 
about a danger to democracy. 

440
00:22:26,760 --> 00:22:29,680
We always hear about democracy, 
democracy this, democracy that. 

441
00:22:30,120 --> 00:22:34,920
the Fed isn't democratically 
elected. the Fed is appointed, 

442
00:22:35,160 --> 00:22:38,960
right? 
So you know that I find quite 

443
00:22:38,960 --> 00:22:44,320
interesting because it's like we
elect the president, but the 

444
00:22:44,320 --> 00:22:48,360
president isn't the one making 
the decisions about the money. 

445
00:22:49,000 --> 00:22:51,480
What's going on here, right? 
The curtain, I think, is being 

446
00:22:51,480 --> 00:22:53,640
revealed. 
I think slowly but surely, the 

447
00:22:53,640 --> 00:22:57,160
Overton window is shifting. 
And I think people at the end of

448
00:22:57,160 --> 00:22:59,520
the day, when they're going to 
come to the conclusion that the 

449
00:22:59,520 --> 00:23:05,600
Fed is the sole cause for a lot 
of the economic woes that people

450
00:23:05,600 --> 00:23:08,320
are going through, I think 
people are feeling the wealth 

451
00:23:08,320 --> 00:23:10,560
inequality. 
I think people are feeling the 

452
00:23:10,560 --> 00:23:13,120
hurt of not being able to afford
housing. 

453
00:23:13,320 --> 00:23:16,000
I think people are feeling the 
hurt of not being able to afford

454
00:23:16,000 --> 00:23:18,080
rent. 
The millennial and Gen. 

455
00:23:18,080 --> 00:23:21,520
Z generation were the first 
generations that are poorer than

456
00:23:21,520 --> 00:23:24,240
our parents, right? 
Like that, That's absolutely 

457
00:23:24,240 --> 00:23:26,600
crazy, right? 
But what is the root cause? 

458
00:23:26,600 --> 00:23:29,400
The root cause is broken money. 
The root cause is the ability 

459
00:23:29,400 --> 00:23:31,800
for the governments to just 
create money for free that 

460
00:23:31,800 --> 00:23:34,560
everyone everyone else has to 
work for inflation. 

461
00:23:34,560 --> 00:23:39,200
Inflation is breaking the world.
This is the whole basis of of of

462
00:23:39,200 --> 00:23:43,080
Larry's book, the big print. 
But Bitcoin fixes this and you 

463
00:23:43,080 --> 00:23:45,000
don't have to wait for an 
election. 

464
00:23:45,000 --> 00:23:47,040
You don't have to wait for a 
president. 

465
00:23:47,240 --> 00:23:50,880
You can start adopting the 
Bitcoin standard today and start

466
00:23:50,880 --> 00:23:53,880
benefiting from bitcoins number 
go up technology. 

467
00:23:54,160 --> 00:23:57,320
It provides an Oasis and a sea 
of inflation. 

468
00:23:57,320 --> 00:23:59,200
Anyways, everybody we're going 
to get to the news. 

469
00:23:59,200 --> 00:24:00,920
We have tons to talk about, 
guys. 

470
00:24:00,920 --> 00:24:07,280
Smash that like Button Help us 
break 150 likes within the first

471
00:24:07,280 --> 00:24:10,280
hour of the show. 
Smash that like button. 

472
00:24:10,440 --> 00:24:13,280
It really, really helps with the
algos, guys. 

473
00:24:13,280 --> 00:24:15,160
We'll be right back. 
We're going to hit the new 

474
00:24:15,160 --> 00:24:16,200
segment. 
Let's check it out. 

475
00:24:17,800 --> 00:24:20,240
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501
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502
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roll over the loan as well, and 
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515
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516
00:26:42,000 --> 00:26:45,760
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517
00:26:49,160 --> 00:26:50,800
All right, everybody, we are 
back. 

518
00:26:50,800 --> 00:26:54,720
All right guys, bear with me 
because this is a this is a bit 

519
00:26:54,720 --> 00:26:57,920
of a rabbit hole. 1st, I'm going
to play you guys this clip from 

520
00:26:57,920 --> 00:27:02,760
Matt Gaetz show again, we aren't
the only ones that are coming to

521
00:27:02,760 --> 00:27:05,480
this conclusion. 
And what is that conclusion? 

522
00:27:05,760 --> 00:27:11,360
That conclusion is, I believe 
Trump wants to end the Fed, but 

523
00:27:11,360 --> 00:27:14,440
he can't overly say overtly say 
it. 

524
00:27:14,760 --> 00:27:18,840
So bear with me, right? 
And we always talk about the 

525
00:27:18,840 --> 00:27:20,440
Overton window and you guys make
fun of me. 

526
00:27:20,760 --> 00:27:23,320
But I'm going to, I'm going to, 
I'm going to define what it is. 

527
00:27:23,320 --> 00:27:26,160
So the Overton window is the 
acceptable window of discourse. 

528
00:27:27,280 --> 00:27:30,240
If you talk about a subject 
that's outside of the Overton 

529
00:27:30,240 --> 00:27:33,560
window, you get, you get 
othered, you get considered a 

530
00:27:33,560 --> 00:27:38,440
radical, you get it, it, it, it 
seems crazy to most people. 

531
00:27:38,840 --> 00:27:42,240
So our job as Bitcoiners is to 
move that Overton window. 

532
00:27:42,240 --> 00:27:44,080
And we've done that 
tremendously. 

533
00:27:44,080 --> 00:27:46,880
Elon has been mentioning 
mentioning on X all the time. 

534
00:27:46,880 --> 00:27:50,040
He's like the Overton window has
shattered because of how many 

535
00:27:50,040 --> 00:27:52,480
things have happened in the last
year and a half, two years, 

536
00:27:52,480 --> 00:27:54,840
right? 
So the disintermediation of 

537
00:27:54,840 --> 00:27:56,680
information completely happened,
right? 

538
00:27:56,800 --> 00:27:59,200
The vast majority of people now,
not the vast majority, but the 

539
00:27:59,200 --> 00:28:03,480
majority of people now get their
news on social media and they 

540
00:28:03,480 --> 00:28:05,040
don't get their news on legacy 
media. 

541
00:28:05,360 --> 00:28:09,000
If you get your news on social 
media, you live in a completely 

542
00:28:09,000 --> 00:28:13,080
different world than people that
live in the get their news from 

543
00:28:13,080 --> 00:28:14,840
legacy media. 
It's a completely different 

544
00:28:14,840 --> 00:28:17,920
reality, right? 
So again, more people are 

545
00:28:17,920 --> 00:28:21,640
awakening, more people are doing
their own research, more people 

546
00:28:21,760 --> 00:28:25,840
are getting their information 
from independent media sources, 

547
00:28:26,560 --> 00:28:29,040
and in the process, they're 
waking up to reality. 

548
00:28:29,280 --> 00:28:33,240
But again, if you're a 
politician, you can't just say 

549
00:28:33,240 --> 00:28:37,840
things that seem radical because
again, that gives ammunition to 

550
00:28:37,840 --> 00:28:42,880
your political opponents and it 
also reveals what your next move

551
00:28:42,880 --> 00:28:45,640
is. 
So instead of judging people on 

552
00:28:45,640 --> 00:28:49,200
what they say, judge people 
based on their actions. 

553
00:28:49,200 --> 00:28:50,880
So that's what we're going to 
focus on today. 

554
00:28:51,120 --> 00:28:55,080
Now, again, this is speculation.
We're making a theory for you 

555
00:28:55,080 --> 00:28:56,920
guys. 
We're we're making the case for 

556
00:28:56,920 --> 00:29:00,480
you guys. 
And then let let us know what 

557
00:29:00,480 --> 00:29:02,320
you guys think. 
Let us know down in the comments

558
00:29:02,320 --> 00:29:05,320
if if you guys believe we're 
seeing things that are not 

559
00:29:05,320 --> 00:29:07,400
there. 
So first let's play this clip 

560
00:29:07,560 --> 00:29:11,200
from the Matt Gates podcast and 
then we'll talk about it. 

561
00:29:12,600 --> 00:29:15,920
Tyler, there was also this order
that came out stopping the 

562
00:29:15,960 --> 00:29:18,200
creation of a central bank 
digital currency. 

563
00:29:18,400 --> 00:29:22,400
What do you make of that? 
So I was just talking to Josh 

564
00:29:22,400 --> 00:29:23,840
about this. 
We've been actually talking 

565
00:29:23,840 --> 00:29:25,640
about it all day. 
I've been making videos about it

566
00:29:25,640 --> 00:29:28,440
all day. 
And what it tells me is that, 

567
00:29:28,920 --> 00:29:31,760
and this could be up for debate,
but maybe Trump's looking to end

568
00:29:31,760 --> 00:29:34,760
the Fed or at least have some 
control over the Fed. 

569
00:29:34,760 --> 00:29:36,360
And we haven't had that in a 
long time. 

570
00:29:36,360 --> 00:29:39,160
And I know it's a very bold 
statement, but that's what it's 

571
00:29:39,160 --> 00:29:42,400
looking like to me. 
One of the big things Josh has 

572
00:29:42,400 --> 00:29:45,480
brought up tokenization, that's 
going to be massive as well. 

573
00:29:45,680 --> 00:29:49,280
So, you know, one of the one of 
the other biggest things is the 

574
00:29:49,280 --> 00:29:54,000
regulation side of it, right? 
When I think about this, this is

575
00:29:54,000 --> 00:29:58,240
a huge step towards freedom of 
money, freedom of commerce that 

576
00:29:58,240 --> 00:30:01,480
we haven't had in so long, 
right? 

577
00:30:01,680 --> 00:30:05,080
And with the Fed coming in and 
saying, with Trump saying to the

578
00:30:05,080 --> 00:30:07,280
Fed, you're, you're not coming 
in, you're not going to be part 

579
00:30:07,280 --> 00:30:08,640
of this. 
I mean, he literally said that 

580
00:30:08,880 --> 00:30:10,640
it's not going to be for the 
Fed, It's not going to be for 

581
00:30:10,640 --> 00:30:12,840
the FDIC. 
You know, these groups that were

582
00:30:12,840 --> 00:30:14,880
forming, you're not allowed 
access. 

583
00:30:14,880 --> 00:30:18,160
And it tells me that he's trying
to decentralize our money and, 

584
00:30:18,160 --> 00:30:21,400
and in turn that's going to 
decentralize everything that 

585
00:30:21,400 --> 00:30:26,440
we're doing from. 
So, so think about what he said 

586
00:30:26,440 --> 00:30:30,080
for a second, right? 
So decentralize the system. 

587
00:30:30,080 --> 00:30:34,040
So the Fed, essentially Trump 
stopped the Fed from being 

588
00:30:34,040 --> 00:30:37,920
involved in Bitcoin and crypto 
from a regulatory perspective. 

589
00:30:38,440 --> 00:30:43,240
He also completely stopped what 
what I believe is the only 

590
00:30:43,240 --> 00:30:46,200
future for central banks, the 
central bank digital currency 

591
00:30:46,200 --> 00:30:50,200
and his executive order. 
He explicitly forbade the United

592
00:30:50,200 --> 00:30:54,960
States government from launching
a central bank digital currency.

593
00:30:55,160 --> 00:30:59,680
Now, if you take a look at his 
strategy with the tariffs and 

594
00:30:59,680 --> 00:31:03,200
you take a look at what Howard 
Lupnik is saying, Howard Lutnick

595
00:31:03,200 --> 00:31:07,120
said in an interview that 
essentially the goal is to end 

596
00:31:07,120 --> 00:31:12,360
income tax for anyone who's not 
making 100, anyone who's making 

597
00:31:12,360 --> 00:31:15,680
150K or below, they get to pay 
no income tax. 

598
00:31:15,880 --> 00:31:19,880
But the only way that Trump is 
able to do that, again, he can't

599
00:31:19,880 --> 00:31:22,280
overtly do this. 
He's telling you his goal, but 

600
00:31:22,280 --> 00:31:26,040
the only way he's he, the only 
way he's able to do that is to 

601
00:31:26,040 --> 00:31:30,720
replace that revenue with a 
different form of revenue, which

602
00:31:30,720 --> 00:31:32,240
is what the tariffs are all 
about. 

603
00:31:32,400 --> 00:31:34,760
This is why he continues to talk
about the tariffs. 

604
00:31:34,960 --> 00:31:39,280
He references the late 1800s. 
He's basically said that was one

605
00:31:39,280 --> 00:31:42,240
of the wealthiest moments in 
American history. 

606
00:31:42,360 --> 00:31:44,760
We had so much money, we didn't 
know what to do with it. 

607
00:31:45,000 --> 00:31:47,920
And the reason that the US 
government was so well funded 

608
00:31:48,120 --> 00:31:52,440
was because of the tariffs. 
So again, he's not directly 

609
00:31:52,440 --> 00:31:55,320
saying, OK, let's end the income
tax via executive order. 

610
00:31:55,320 --> 00:31:58,440
He's saying let's replace the 
income tax with another form of 

611
00:31:58,440 --> 00:32:00,840
revenue. 
I think he might be doing the 

612
00:32:00,840 --> 00:32:03,400
same thing with the Federal 
Reserve. 

613
00:32:03,640 --> 00:32:06,080
But again, it's not what he's 
saying overtly. 

614
00:32:06,160 --> 00:32:10,640
It's with his action. 
So again, he's taking away the 

615
00:32:10,640 --> 00:32:13,240
Fed's ability to launch a 
central bank, digital 

616
00:32:13,240 --> 00:32:14,600
currencies. 
And no, no, that's not that's 

617
00:32:14,600 --> 00:32:16,000
not going to happen in the 
United States. 

618
00:32:16,280 --> 00:32:21,120
He's taking out the Federal 
Reserve from the regulatory 

619
00:32:21,480 --> 00:32:25,800
decisions with about the Bitcoin
and crypto industry. 

620
00:32:25,920 --> 00:32:30,280
Remember last year it would we 
found out multiple times I had 

621
00:32:30,280 --> 00:32:34,720
Caitlin Long on the show and she
explicitly told us about the 

622
00:32:34,720 --> 00:32:40,320
Fed's hostility towards a lot of
these crypto Bitcoin friendly 

623
00:32:40,320 --> 00:32:44,400
banks, specifically Custodia 
bank that Caitlin Long was, was 

624
00:32:44,560 --> 00:32:47,880
applying for a federal banking 
charter, which would allow her 

625
00:32:47,880 --> 00:32:49,840
to be competitive with other 
other banks. 

626
00:32:50,160 --> 00:32:53,680
She the Fed slow walked her. 
She needed the approval of the 

627
00:32:53,680 --> 00:32:56,600
Fed to get that banking charter 
with Trump. 

628
00:32:56,600 --> 00:32:58,840
Trump's coming in says no, you 
don't even need approval of the 

629
00:32:58,960 --> 00:33:00,920
we're going to separate that 
right. 

630
00:33:01,040 --> 00:33:03,280
So again, don't pay attention to
what they're saying. 

631
00:33:03,280 --> 00:33:04,760
Pay attention to what their 
actions. 

632
00:33:04,760 --> 00:33:10,360
Now take a look at this clip 
from so-called liberation day. 

633
00:33:10,440 --> 00:33:12,520
That's what Trump called it. 
That's not what we called it. 

634
00:33:12,760 --> 00:33:16,040
He mentions a very specific 
year. 

635
00:33:16,760 --> 00:33:22,760
That year is 1913. 
In 1913, two things happened, 

636
00:33:23,360 --> 00:33:29,320
the introduction of the income 
tax and the establishment of the

637
00:33:29,320 --> 00:33:35,360
Federal Reserve Bank. 
Let's check out the clip. 1789 

638
00:33:35,360 --> 00:33:40,800
to 1913, we were a tariff backed
nation in the United States was 

639
00:33:40,800 --> 00:33:43,680
proportionately the wealthiest 
it has ever been. 

640
00:33:43,680 --> 00:33:48,000
So wealthy in fact, that in the 
1880s they established a 

641
00:33:48,000 --> 00:33:51,600
Commission to decide what they 
were going to do with the vast 

642
00:33:51,600 --> 00:33:53,280
sums of money they were 
collecting. 

643
00:33:53,280 --> 00:33:56,280
We were collecting so much money
so fast we didn't know what to 

644
00:33:56,280 --> 00:33:58,520
do with it. 
Isn't that a nice problem to 

645
00:33:58,520 --> 00:33:59,720
have? 
What do you think Marco? 

646
00:33:59,720 --> 00:34:02,640
Good problem. 
Marco would love that problem, 

647
00:34:03,400 --> 00:34:06,440
but we don't have that problem 
anymore. 

648
00:34:06,440 --> 00:34:08,840
But we're not going to have it 
very much longer, I will tell 

649
00:34:08,840 --> 00:34:10,800
you. 
But they collected so much money

650
00:34:11,159 --> 00:34:13,639
they actually formed a 
Commission to determine what 

651
00:34:13,639 --> 00:34:15,600
they were going to do with the 
money, who they were going to 

652
00:34:15,600 --> 00:34:19,280
give it to and how much. 
Then in 1913, for reasons 

653
00:34:19,280 --> 00:34:23,280
unknown to mankind, they 
established the income tax so 

654
00:34:23,280 --> 00:34:26,080
that citizens rather than 
foreign countries would start 

655
00:34:26,080 --> 00:34:29,080
paying the money necessary to 
run our government. 

656
00:34:29,679 --> 00:34:33,800
Then in 1929 it all came to a 
very abrupt end with a Great 

657
00:34:33,800 --> 00:34:37,280
Depression and it would have 
never happened if they had 

658
00:34:37,280 --> 00:34:44,560
stayed with the tariff. 
So 1913, the establishment of 

659
00:34:44,560 --> 00:34:48,239
the Federal Reserve, the whole 
point of the Federal Reserve was

660
00:34:48,239 --> 00:34:52,080
to like essentially stabilize 
markets, right? 

661
00:34:52,080 --> 00:34:56,400
You know, make sure that 
unemployment is low, make sure 

662
00:34:56,400 --> 00:35:00,800
that inflation is low. 
The two biggest depressions and 

663
00:35:00,800 --> 00:35:05,640
recessions in American history 
have happened under central 

664
00:35:05,680 --> 00:35:10,080
banking, the 1930s, and, of 
course, the Great Recession that

665
00:35:10,080 --> 00:35:13,480
happened in 2008, which led to 
the creation of Bitcoin. 

666
00:35:13,960 --> 00:35:15,800
And all of this is connected, 
right? 

667
00:35:16,880 --> 00:35:20,200
And I love his answer. 
His response for reasons 

668
00:35:20,200 --> 00:35:23,240
unknown, right? 
Of course he knows the reasons. 

669
00:35:23,520 --> 00:35:27,360
Of course he knows the reasons. 
But perhaps the reasons are 

670
00:35:27,360 --> 00:35:31,720
outside of the Overton window. 
Now, again, I would say the good

671
00:35:31,720 --> 00:35:33,920
news is that I think people are 
waking up. 

672
00:35:34,240 --> 00:35:38,480
Here is Elon during a campaign 
and someone from the audience 

673
00:35:38,480 --> 00:35:42,000
explicitly asks him about the 
Federal Reserve. 

674
00:35:42,280 --> 00:35:46,080
Take a look at Elon's answer. 
It's extremely important that 

675
00:35:46,080 --> 00:35:50,800
you guys pay attention because 
Elon strolling Lee says and the 

676
00:35:50,800 --> 00:35:55,040
Fed, but he ends up talking 
about wastes. 

677
00:35:55,520 --> 00:35:56,800
And this is what we've been 
saying. 

678
00:35:57,080 --> 00:36:01,440
The waste is enabled by the 
central banks. 

679
00:36:01,680 --> 00:36:05,400
The central banks is what allows
the waste to happen because if 

680
00:36:05,400 --> 00:36:07,640
you don't have a central bank, 
if you don't have a money 

681
00:36:07,640 --> 00:36:12,600
printer, the only form of 
revenue the government has is 

682
00:36:12,600 --> 00:36:16,400
via direct taxation. 
And you could only make that so 

683
00:36:16,400 --> 00:36:18,320
high before people start to get 
pissed off. 

684
00:36:19,320 --> 00:36:23,040
But the reason that people don't
notice that they're getting 

685
00:36:23,040 --> 00:36:27,920
taxed in two different ways is 
because it's a very insidious 

686
00:36:27,920 --> 00:36:31,680
tax. 
It's a the actual number in your

687
00:36:31,680 --> 00:36:36,240
bank account stays the same. 
So you don't realize that you're

688
00:36:36,240 --> 00:36:41,200
purchasing power decreases. 
And make no mistake, the cause 

689
00:36:41,200 --> 00:36:45,680
of inflation, the cause of 
monetary debasement is not the 

690
00:36:45,680 --> 00:36:48,240
weather. 
It's not what's happening in 

691
00:36:48,240 --> 00:36:51,440
Ukraine. 
It's not, you know, whatever 

692
00:36:51,440 --> 00:36:54,120
reason they, they've given us 
every single reason at this 

693
00:36:54,120 --> 00:36:56,040
point. 
It's not any of those things. 

694
00:36:56,520 --> 00:37:00,000
It is literally the government 
printing money. 

695
00:37:00,680 --> 00:37:05,200
And remember, the US government 
has a $2 trillion deficit year 

696
00:37:05,200 --> 00:37:10,600
over year. 
How are they able to spend more 

697
00:37:10,600 --> 00:37:14,560
money every single year than 
they collect in tax revenue? 

698
00:37:15,640 --> 00:37:18,200
They're able to do that because 
they're able to print the 

699
00:37:18,200 --> 00:37:21,200
difference. 
And people, our job as 

700
00:37:21,200 --> 00:37:26,800
Bitcoiners is to wake up people 
to that reality because all 

701
00:37:26,800 --> 00:37:29,640
roads lead to Bitcoin. 
Bitcoin fixes this. 

702
00:37:29,640 --> 00:37:34,080
Remember, every single block 
that Bitcoin survives continues 

703
00:37:34,080 --> 00:37:38,000
to exist. 
It proves that money can exist 

704
00:37:38,000 --> 00:37:41,320
without inflation. 
I show you guys this number all 

705
00:37:41,320 --> 00:37:45,560
the time in Clark Moody's 
dashboard and I point, I pointed

706
00:37:45,560 --> 00:37:48,840
out on the very bottom right 
when me and Opti started 

707
00:37:48,840 --> 00:37:52,760
covering the realized monetary 
inflation of Bitcoin, it was at 

708
00:37:52,760 --> 00:37:56,400
roughly 3 or 4%. 
We've been covering this stat 

709
00:37:56,400 --> 00:37:59,400
for you guys for about like a 
year and a half, two years now, 

710
00:37:59,640 --> 00:38:02,480
and it's continued to go down. 
It's at .88%. 

711
00:38:02,480 --> 00:38:06,320
It's going to go down to .5. 
It's going to go down to .1. 

712
00:38:06,320 --> 00:38:13,640
It's going to go down to .2. 
Even if central banks get to 

713
00:38:13,640 --> 00:38:18,360
that magic 2% number, Bitcoins 
inflation rate is still lower. 

714
00:38:19,800 --> 00:38:24,160
Bitcoin proves that money can 
exist without inflation. 

715
00:38:24,760 --> 00:38:28,360
And remember what NBK said on 
yesterday's show, and it's 

716
00:38:28,360 --> 00:38:30,520
something really important for 
you guys to remember. 

717
00:38:31,760 --> 00:38:36,800
If you have any type of wealth 
or any type of savings, you are 

718
00:38:36,800 --> 00:38:41,400
forced to invest just to 
maintain your purchasing power. 

719
00:38:41,760 --> 00:38:45,680
What if you're a painter? 
What if you are a plumber? 

720
00:38:46,160 --> 00:38:50,160
What if you're a doctor? 
Why do you have to learn how to 

721
00:38:50,160 --> 00:38:55,240
invest just to live? 
This is the problem that Bitcoin

722
00:38:55,240 --> 00:38:58,560
fixes. 
All Bitcoiners are advocating 

723
00:38:58,560 --> 00:39:04,200
for is live your life, live 
below your means, save in 

724
00:39:04,200 --> 00:39:11,000
Bitcoin and you can get by. 
We live in an upside down world 

725
00:39:11,760 --> 00:39:15,360
because of Fiat, because of 
central banks. 

726
00:39:16,040 --> 00:39:20,360
And I think Trump and Elon know 
this. 

727
00:39:20,440 --> 00:39:23,960
I think Howard Lopnik know this.
Remember, Howard Lopnik is a 

728
00:39:23,960 --> 00:39:26,160
bitcoiner. 
Anyways, let's check out the 

729
00:39:26,160 --> 00:39:28,920
clip from Elon. 
The half of America for the 

730
00:39:28,920 --> 00:39:31,280
idiots you have to deal with, 
for what you're doing for us to 

731
00:39:31,280 --> 00:39:35,160
improve our country. 
Second of all, my question is 

732
00:39:35,160 --> 00:39:38,440
what is your opinion on the 
Federal Reserve and do you have 

733
00:39:38,480 --> 00:39:40,920
any intentions of doing anything
with them? 

734
00:39:40,920 --> 00:39:50,680
And the Fed, yeah, I don't know.
I always wanted to say that, you

735
00:39:50,680 --> 00:39:54,880
know, but, but I mean, I think 
that's like 20,000 people that 

736
00:39:54,880 --> 00:39:56,520
work at the Fed seems pretty 
high. 

737
00:39:57,160 --> 00:39:58,880
In fact, there's a lot of people
who work with the Fed on us 

738
00:39:58,880 --> 00:40:01,800
things like why do we have so 
many people at this at the Fed 

739
00:40:01,800 --> 00:40:06,360
and what do they do? 
And you know, sometimes I wonder

740
00:40:06,360 --> 00:40:10,760
which one would win, you know, 
the federal for interest rates, 

741
00:40:11,160 --> 00:40:14,400
the, the federal, the board of 
the Federal Reserve or a Magic 8

742
00:40:14,400 --> 00:40:18,040
ball. 
And I'm like, I think the Magic 

743
00:40:18,040 --> 00:40:22,560
8 ball might win, you know? 
So then I'm like, well, Magic 8 

744
00:40:22,560 --> 00:40:28,480
ball is a lot cheaper, so. 
You know, it's like you shake 

745
00:40:28,480 --> 00:40:29,880
it, it says check back again 
later. 

746
00:40:29,880 --> 00:40:39,080
I'm like, OK, same thing. 
But but I think we, we, we, we, 

747
00:40:39,160 --> 00:40:43,400
we. 
What really matters is that the 

748
00:40:43,400 --> 00:40:48,360
government spending it is, is 
not far in excess of government 

749
00:40:48,360 --> 00:40:50,720
revenue. 
That's a fundamental issue that 

750
00:40:50,720 --> 00:40:55,760
we have where the, we have a, a 
deficit of $2 trillion and we 

751
00:40:55,760 --> 00:40:59,840
have interest payments that now 
exceed the entire budget of the 

752
00:40:59,840 --> 00:41:02,840
military. 
In fact, that that was a big 

753
00:41:02,840 --> 00:41:06,040
wake up call for me was when 
the, the amount of money that 

754
00:41:06,040 --> 00:41:09,120
we're paying national debt 
interest exceeded the Defense 

755
00:41:09,120 --> 00:41:11,520
Department budget. 
And like Defense Department 

756
00:41:11,520 --> 00:41:15,800
budget is very big and interest 
is higher than that and, and, 

757
00:41:15,880 --> 00:41:19,840
and climbing. 
That's a disaster, You know, so 

758
00:41:20,640 --> 00:41:23,200
the, the very simple, 
straightforward goal of, of the 

759
00:41:23,200 --> 00:41:27,240
doge team is to get rid of waste
and forward. 

760
00:41:27,240 --> 00:41:29,800
It's, it's mostly waste. 
It's it's or depending on how 

761
00:41:29,800 --> 00:41:32,280
you know, I'd say it's probably 
80% waste, 20% for. 

762
00:41:35,920 --> 00:41:38,200
All right, everybody, so let's 
break it down. 

763
00:41:38,200 --> 00:41:39,760
There's a lot of things that he 
said there. 

764
00:41:40,080 --> 00:41:45,280
First of all, he said, listen it
a Magic 8 ball will do a better 

765
00:41:45,280 --> 00:41:48,840
job at essentially picking 
interest rates than the Fed. 

766
00:41:51,040 --> 00:41:54,440
20,000 people work at the Fed. 
What do those people do? 

767
00:41:55,160 --> 00:41:57,680
Right? 
Like again. 

768
00:41:57,720 --> 00:42:01,120
And then he trollingly said 
like, I think to cover. 

769
00:42:01,520 --> 00:42:03,240
Like what? 
How he actually felt like end 

770
00:42:03,240 --> 00:42:05,920
the Fed, end the Fed. 
You know, like he said it as a 

771
00:42:05,920 --> 00:42:08,040
joke. 
But then he made the argument as

772
00:42:08,040 --> 00:42:11,200
to like, he was basically saying
this is obsolete. 

773
00:42:11,680 --> 00:42:14,920
And then at the end he talked 
about waste. 

774
00:42:15,680 --> 00:42:20,720
I mean, like, did he? 
I mean, he did explicitly say 

775
00:42:20,720 --> 00:42:22,240
it. 
He said it jokingly, I think to 

776
00:42:22,240 --> 00:42:25,160
cover, you know, because Elon's 
in the headline. 

777
00:42:25,160 --> 00:42:27,320
Anything he does is in the 
headlines these days. 

778
00:42:28,240 --> 00:42:32,400
But I, I, I don't know, I don't 
know how much of a stronger case

779
00:42:32,400 --> 00:42:37,000
we can make for you guys. 
Trump mentions 1913. 

780
00:42:38,360 --> 00:42:42,840
Elon explicitly says and the Fed
says the interest rate, that 8 

781
00:42:42,840 --> 00:42:46,840
ball could do a better job at 
picking the interest rates. 

782
00:42:47,840 --> 00:42:51,120
Talks about waste, talks about 
22,000 people working there. 

783
00:42:52,760 --> 00:42:56,000
I mean, I think it's, it's clear
as day, but I think they're, 

784
00:42:56,040 --> 00:42:59,680
they're using the same strategy 
that they did that they're doing

785
00:42:59,680 --> 00:43:03,920
with attempting to end the 
income tax. 

786
00:43:04,920 --> 00:43:06,880
I don't think they can do it 
overtly. 

787
00:43:07,640 --> 00:43:12,800
I think they have to prove that 
the system can function without 

788
00:43:12,800 --> 00:43:15,520
those things. 
And I think for the income tax, 

789
00:43:15,520 --> 00:43:17,040
he's trying to do it with the 
tariffs. 

790
00:43:18,120 --> 00:43:24,120
And I think with the Fed, you 
might be able to do it with 

791
00:43:24,120 --> 00:43:28,440
Bitcoin, you might be able to. 
But again, I might not. 

792
00:43:28,440 --> 00:43:31,040
I might not be seeing something 
that's actually there. 

793
00:43:31,720 --> 00:43:35,720
But this is pretty explicit 
like, and again, I'm not the 

794
00:43:35,720 --> 00:43:37,320
only one to reach this 
conclusion. 

795
00:43:37,720 --> 00:43:40,200
I played you guys a clip from 
the Matt Gaetz podcast. 

796
00:43:40,680 --> 00:43:47,800
Why is Trump taking out the Fed 
from Bitcoin and crypto 

797
00:43:47,800 --> 00:43:52,240
regulation? 
Why in the same executive order 

798
00:43:52,520 --> 00:43:57,200
regarding Bitcoin that he or 
digital assets that he 

799
00:43:57,200 --> 00:44:02,480
explicitly say that he forbids 
the federal government for 

800
00:44:02,480 --> 00:44:06,960
launching a central bank digital
currency Again, all you have to 

801
00:44:06,960 --> 00:44:11,200
do is pay attention and connect 
the dots, right? 

802
00:44:11,480 --> 00:44:17,440
And our boy G money, right, has 
been saying this for about two 

803
00:44:17,440 --> 00:44:19,920
years now. 
Me and Opti have been probably 

804
00:44:19,920 --> 00:44:21,880
longer. 
We've been looking at him like, 

805
00:44:21,880 --> 00:44:23,760
there's no way. 
I think he's wrong. 

806
00:44:24,600 --> 00:44:27,880
But I mean, all things point to 
something. 

807
00:44:27,920 --> 00:44:32,800
Oh, and I forgot to mention, 
right now there's a heated 

808
00:44:33,280 --> 00:44:38,920
political battle between the two
institutions or the the 

809
00:44:38,920 --> 00:44:42,000
executive branch and the Federal
Reserve. 

810
00:44:42,640 --> 00:44:44,520
I'll show it up. 
I'll show it to you guys. 

811
00:44:44,720 --> 00:44:49,400
So this is Trump's Truth Social 
post from this morning at 10:00 

812
00:44:49,400 --> 00:44:52,600
AM. 
He said this would be a perfect 

813
00:44:52,600 --> 00:44:56,520
time for Fed Chairman Jerome 
Powell to cut interest rates. 

814
00:44:57,000 --> 00:45:00,960
He is always late, but he can 
now change his image and 

815
00:45:00,960 --> 00:45:04,280
quickly. 
Energy prices are down, interest

816
00:45:04,280 --> 00:45:08,960
rates are down, inflation is 
down, even with even eggs are 

817
00:45:08,960 --> 00:45:11,880
down 69%. 
That's hilarious. 

818
00:45:12,360 --> 00:45:15,200
And jobs are up, all within two 
months. 

819
00:45:15,480 --> 00:45:18,600
A big win for America. 
Cut interest rates. 

820
00:45:18,600 --> 00:45:24,960
Jerome, stop playing politics. 
What's really interesting is Fed

821
00:45:24,960 --> 00:45:29,480
Chair Jerome Powell says tariffs
will raise inflation in the 

822
00:45:29,480 --> 00:45:33,040
coming quarters. 
And remember, this gives him the

823
00:45:33,080 --> 00:45:38,160
air cover to keep rates high 
because, again, the whole point 

824
00:45:38,160 --> 00:45:41,160
of keeping rates high is to 
lower inflation. 

825
00:45:41,800 --> 00:45:44,240
And he's saying, oh, look, 
inflation with the tariffs, 

826
00:45:44,240 --> 00:45:48,080
inflation is up, you know, So 
this is a game of chicken. 

827
00:45:48,240 --> 00:45:51,480
This is politics. 
But this is crazy to me because 

828
00:45:51,480 --> 00:45:55,840
if you see it on its head, we 
are supposed to be living in a 

829
00:45:55,880 --> 00:45:58,080
democracy. 
We hear that all the time. 

830
00:45:58,360 --> 00:46:01,400
Democracy this, democracy that, 
democracy this. 

831
00:46:04,560 --> 00:46:07,520
Nobody elected Jerome Powell. 
He was appointed. 

832
00:46:11,000 --> 00:46:13,360
The American people elected 
Trump. 

833
00:46:14,280 --> 00:46:16,080
Whether you disagree with him or
not. 

834
00:46:16,440 --> 00:46:20,200
That's democracy, right? 
The American people elected 

835
00:46:20,440 --> 00:46:22,640
Senate. 
The senators, American people 

836
00:46:22,640 --> 00:46:28,560
elected the congressman and 
woman. the Fed is acting like an

837
00:46:28,560 --> 00:46:33,160
independent entity with no 
democratic check. 

838
00:46:34,040 --> 00:46:36,640
That's weird. 
That's really strange. 

839
00:46:38,440 --> 00:46:40,720
That's very, that's very effing 
strange. 

840
00:46:40,720 --> 00:46:42,200
I don't know what else to say 
about that. 

841
00:46:42,440 --> 00:46:45,560
Right. 
So again, like, isn't the 

842
00:46:45,560 --> 00:46:49,040
president supposed to be, you 
know, the commander in chief, 

843
00:46:49,040 --> 00:46:52,840
the one leading the country, and
he has to essentially tell 

844
00:46:52,840 --> 00:46:56,320
someone who's appointed like, 
hey, lower the interest rates 

845
00:46:56,600 --> 00:46:59,720
and then he's playing politics. 
And then if you take a look at 

846
00:46:59,720 --> 00:47:04,640
the the article that was 
released by Arthur Hayes, Arthur

847
00:47:04,640 --> 00:47:12,800
Hayes explicitly said, hey, you 
know, Powell explicitly tried to

848
00:47:12,800 --> 00:47:16,200
get Kamala elected, like 
politically, right? 

849
00:47:17,240 --> 00:47:20,720
So again, it's supposed to be an
independent, you know, 

850
00:47:20,960 --> 00:47:23,560
institution, entity, whatever 
you want to call it. 

851
00:47:25,120 --> 00:47:28,080
It's not supposed to be 
political, but it's been acting 

852
00:47:28,080 --> 00:47:31,320
political. 
I don't know what else to say. 

853
00:47:31,720 --> 00:47:33,000
You know, I don't know what else
to say. 

854
00:47:33,240 --> 00:47:35,920
Listen, Bitcoin exposes 
incentives. 

855
00:47:36,000 --> 00:47:38,080
I think incentives are being 
exposed. 

856
00:47:38,800 --> 00:47:41,800
I think the Fed has to end. 
I think this conversation of, 

857
00:47:42,160 --> 00:47:46,560
you know, this conversation of 
Bitcoin strategic reserve, it's 

858
00:47:46,560 --> 00:47:48,680
great. 
Fine, the Overton window is 

859
00:47:48,680 --> 00:47:53,840
moving, but I think Bitcoiners 
should not lose the eye on the 

860
00:47:53,840 --> 00:47:56,080
price. 
I think Bitcoiners should not 

861
00:47:56,360 --> 00:47:58,720
forget what the end goal is 
here. 

862
00:47:59,440 --> 00:48:04,480
The end goal here is to end the 
tyranny of central banking. 

863
00:48:05,040 --> 00:48:07,320
That is the goal. 
We have the tool. 

864
00:48:07,320 --> 00:48:11,040
The tool is Bitcoin. 
It's very difficult to Co opt, 

865
00:48:11,320 --> 00:48:13,400
especially if a lot of 
individuals are taking self 

866
00:48:13,400 --> 00:48:15,680
custody. 
But we should keep our eye on 

867
00:48:15,680 --> 00:48:19,600
the prize. 
The eye the prize is and the Fed

868
00:48:20,120 --> 00:48:25,160
and the Fed and the Fed. 
Anyways, if you guys are 

869
00:48:25,160 --> 00:48:29,480
enjoying today's live show 2300 
of you guys watching live, make 

870
00:48:29,480 --> 00:48:35,960
sure to smash that like button. 
Currently we're at 174 likes. 

871
00:48:35,960 --> 00:48:39,720
If you guys are enjoying the 
show, make sure to smash that 

872
00:48:39,720 --> 00:48:42,840
like button. 
Help us break 250 likes to see 

873
00:48:42,840 --> 00:48:44,320
someone in the chat. 
Nico is pissed. 

874
00:48:44,600 --> 00:48:47,440
You're right that I'm pissed. 
You're right that I'm pissed. 

875
00:48:47,680 --> 00:48:53,040
Our generation got the short end
of the stick because of the Fed,

876
00:48:53,320 --> 00:48:54,720
right? 
Look at what happened happened 

877
00:48:54,720 --> 00:48:58,320
in 2008. 
No significant banker went to 

878
00:48:58,320 --> 00:49:02,760
jail for what happened in 2008. 
What happened in 2008 was a 

879
00:49:02,760 --> 00:49:06,160
crime. 
Main St. bailed out Wall Street 

880
00:49:06,400 --> 00:49:10,040
and no central banker paid the 
politician. 

881
00:49:10,200 --> 00:49:14,040
I mean paid the price. 
In fact, they got bailed out by 

882
00:49:14,040 --> 00:49:16,520
the government. 
You want to know if you're, you 

883
00:49:16,520 --> 00:49:18,880
want to know why, if you're a 
millennial or Gen. 

884
00:49:18,880 --> 00:49:21,880
Z, you cannot afford a house. 
You guys want to know why? 

885
00:49:22,000 --> 00:49:23,160
You guys want to know the 
reason? 

886
00:49:24,000 --> 00:49:26,240
That's the reason. 
Because of what happened in 

887
00:49:26,240 --> 00:49:29,720
2008. 
But that was only enabled 

888
00:49:29,840 --> 00:49:31,640
because the Federal Reserve 
exists. 

889
00:49:31,640 --> 00:49:34,400
That was only enabled because 
central banking exists. 

890
00:49:34,600 --> 00:49:39,480
Remember what is in the genesis 
block, Chancellor on the brink 

891
00:49:39,560 --> 00:49:43,520
of the second bailout for banks.
This is why Bitcoin was 

892
00:49:43,520 --> 00:49:46,720
invented. 
This is why Bitcoin exists. 

893
00:49:47,200 --> 00:49:50,840
So yes, number go up. 
Yes, the ETFs are great. 

894
00:49:50,920 --> 00:49:53,200
Yes. 
Oh my God, you know strategic 

895
00:49:53,200 --> 00:49:56,320
Bitcoin reserve Who kumbaya? 
We're all going to get rich. 

896
00:49:57,400 --> 00:50:01,760
We are here for the revolution. 
We are here because we want the 

897
00:50:01,760 --> 00:50:05,000
world to be better for our 
children and the future 

898
00:50:05,000 --> 00:50:08,640
generations. 
And if that world is a future of

899
00:50:08,640 --> 00:50:13,640
central banking, it's going to 
be a future of slavery, nihilism

900
00:50:13,640 --> 00:50:17,600
and endless wars. 
If we want a future of Bitcoin, 

901
00:50:17,800 --> 00:50:22,280
it's going to be a future of 
peace, prosperity, opportunity 

902
00:50:22,440 --> 00:50:24,600
for all. 
So and the Fed. 

903
00:50:24,840 --> 00:50:28,760
And I think Trump, whether he's 
actively or consciously doing 

904
00:50:28,760 --> 00:50:33,360
it, the silver lining is at 
least he's moving the Overton 

905
00:50:33,360 --> 00:50:36,640
window. 
At least he's referencing the 

906
00:50:36,640 --> 00:50:42,800
year that this institution was 
established, 1913. 

907
00:50:43,520 --> 00:50:45,360
Let's keep going down that 
rabbit hole. 

908
00:50:45,960 --> 00:50:50,920
You know, I used to say we 
haven't won until we get a 

909
00:50:50,920 --> 00:50:53,760
central bank. 
I mean, a a Bitcoiner in the 

910
00:50:53,760 --> 00:50:55,240
White House. 
I used to say that. 

911
00:50:55,880 --> 00:50:59,600
I said, so listen, if if we get 
a bit of a pro Bitcoin president

912
00:50:59,600 --> 00:51:02,520
in the White House, we won. 
If we get a president that 

913
00:51:02,600 --> 00:51:06,440
freeze Ross, we won. 
I used to say that and we got 

914
00:51:06,440 --> 00:51:08,240
that. 
And maybe I'm getting a little 

915
00:51:08,240 --> 00:51:12,320
bit greedy, but we need a 
Bitcoiner in the White House 

916
00:51:12,720 --> 00:51:16,200
that says, and the Fed, that's 
what we need next. 

917
00:51:16,640 --> 00:51:18,800
So Trump is good. 
He's done a lot of good things 

918
00:51:18,800 --> 00:51:21,840
for Bitcoin. 
But we got to continue moving 

919
00:51:22,000 --> 00:51:26,600
that mother effing Overton 
window until you have the US 

920
00:51:26,600 --> 00:51:31,280
president looking at a camera 
and telling the American people 

921
00:51:31,560 --> 00:51:35,680
that the reason they're all poor
and they can't afford things is 

922
00:51:35,680 --> 00:51:39,080
because of the Federal Reserve. 
That's what we need. 

923
00:51:39,800 --> 00:51:41,600
That's what's actually going to 
fix things. 

924
00:51:42,160 --> 00:51:45,320
So until that happens, it's OK. 
It's OK. 

925
00:51:45,600 --> 00:51:48,720
You can save and earn in Bitcoin
and you'll be protected from the

926
00:51:48,720 --> 00:51:52,720
monetary debasement. 
Anyways, my, my rant and my 

927
00:51:52,720 --> 00:51:55,600
ramble is over. 
I wanted to give you guys a 

928
00:51:55,600 --> 00:51:59,520
little bit of Nico Jones on 
Friday like we did in the OG 

929
00:51:59,520 --> 00:52:02,400
Simply Bitcoin Days. 
Opti, what's your take on all 

930
00:52:02,400 --> 00:52:04,520
this, brother? 
Well, First off, Nico Jones is 

931
00:52:04,520 --> 00:52:06,640
back. 
It's been a while. 

932
00:52:06,640 --> 00:52:10,560
It's been a while since Nico 
Jones has been on the show. 

933
00:52:11,000 --> 00:52:13,880
I think we finally got him back.
You know, he he was hibernating 

934
00:52:13,880 --> 00:52:16,560
during the bear market, but the 
kid is back. 

935
00:52:17,520 --> 00:52:20,920
Honestly, before I kind of, you 
know, take give my take. 

936
00:52:20,920 --> 00:52:24,320
I mean Nico nailed it. 
So but I do want to mention like

937
00:52:24,320 --> 00:52:26,360
this morning, while we were we 
were all sitting here. 

938
00:52:26,360 --> 00:52:29,240
We're we're in Dallas, Airbnb, 
the whole simply Bitcoin team is

939
00:52:29,320 --> 00:52:32,040
is sitting here and we were 
watching CNBC and we're seeing 

940
00:52:32,040 --> 00:52:34,040
the bloody markets. 
We're seeing Bitcoin kind of, 

941
00:52:34,240 --> 00:52:35,840
you know, hold itself really 
well. 

942
00:52:35,840 --> 00:52:39,080
And the vibe that Nico just put 
out is the vibe we had here in 

943
00:52:39,080 --> 00:52:41,800
the morning and we're just 
sitting here like, man, like I'm

944
00:52:41,800 --> 00:52:45,040
finally feeling excited again. 
It's been a, it's been a rough 

945
00:52:45,040 --> 00:52:48,960
year or two here in the Bitcoin 
space where we have so much 

946
00:52:48,960 --> 00:52:51,080
bullish news. 
And right now, I think we're all

947
00:52:51,080 --> 00:52:54,480
more bullish on things happening
outside of Bitcoin and then just

948
00:52:54,480 --> 00:52:56,880
how strong Bitcoin is reacting. 
And we're all sitting here 

949
00:52:56,880 --> 00:52:59,200
watching the news. 
Ruston was you guys watch 

950
00:52:59,200 --> 00:53:01,440
Ruston's show. 
He was doing that just here 

951
00:53:01,440 --> 00:53:03,120
chilling with us. 
He was losing his mind. 

952
00:53:03,120 --> 00:53:05,040
He's losing his mind on the back
end right now. 

953
00:53:05,400 --> 00:53:08,720
And I I think we're all getting 
more and more excited 

954
00:53:08,720 --> 00:53:10,480
considering the economic 
landscape. 

955
00:53:11,120 --> 00:53:14,280
Breaking news Breaking. 
Rustin is going to pull up a 

956
00:53:14,280 --> 00:53:19,600
chair and Rustin. 
Rustin, pull up a chair, bro. 

957
00:53:19,600 --> 00:53:21,560
Pull up a chair. 
Rustin, get in here. 

958
00:53:21,560 --> 00:53:24,480
Rustin get in here, bro. 
Sonny was Opti. 

959
00:53:24,480 --> 00:53:27,880
What were you saying? 
I I got, I got sidetracked. 

960
00:53:27,880 --> 00:53:30,800
I'm I'm trying to find what 
Rustin just sent us. 

961
00:53:31,560 --> 00:53:34,240
All right, let me see. 
Rustin, what are you sending? 

962
00:53:34,240 --> 00:53:37,240
What are we looking for? 
Oh, oh, we got. 

963
00:53:37,240 --> 00:53:39,040
Breaks in the water. 
We got breaking. 

964
00:53:39,040 --> 00:53:43,600
We got breaking news from one of
the latest interviews with Scott

965
00:53:43,600 --> 00:53:46,840
Besson, the US Treasury 
Secretary. 

966
00:53:47,280 --> 00:53:49,880
Bitcoin is. 
Becoming a store value. 

967
00:53:49,880 --> 00:53:53,040
It's an hour long clip. 
Bitcoin is. 

968
00:53:53,040 --> 00:53:56,520
Becoming a store value. 
The Treasury Secretary on one of

969
00:53:56,520 --> 00:54:01,160
the most watched shows on the 
face of the planet, Tucker, the 

970
00:54:01,160 --> 00:54:07,560
Tucker Carlson show just said, 
quote, Bitcoin is becoming a 

971
00:54:07,720 --> 00:54:11,240
store of value. 
So again, I'm trying to point 

972
00:54:11,400 --> 00:54:14,360
and our boy Ruston actually 
knows a lot of things about 

973
00:54:14,360 --> 00:54:17,320
Scott Besson. 
Ruston, let's, let's fill. 

974
00:54:17,320 --> 00:54:20,600
Let's fill in the audience, bro.
Yesterday we dove into Besson 

975
00:54:20,840 --> 00:54:23,120
quite a bit. 
I've been sitting on this and, 

976
00:54:23,720 --> 00:54:27,720
you know, being kind of a 
regarded person like myself, I 

977
00:54:27,720 --> 00:54:31,400
need something, someone kind of 
intelligent to support my ideas.

978
00:54:31,400 --> 00:54:34,000
And Marty Bent basically came 
out and said what I've been 

979
00:54:34,000 --> 00:54:40,880
telling Nico for the past couple
of months here on Besant and all

980
00:54:40,880 --> 00:54:45,800
the moves, the strategy, the 
absolute savagery of this man. 

981
00:54:46,200 --> 00:54:49,720
If you know his background and 
if you understand what Bitcoin 

982
00:54:49,720 --> 00:54:54,760
is and how it could work and how
you could use it as a macro 

983
00:54:54,760 --> 00:54:59,240
weapon against your enemies, I 
don't know, man, this, this 

984
00:54:59,240 --> 00:55:01,360
stuff is. 
And I just saw another thing, if

985
00:55:01,360 --> 00:55:05,200
we look at the movement of 
Bitcoin today against the S&P 

986
00:55:05,200 --> 00:55:09,400
dropping further a little bit of
a decoupling, but obviously 

987
00:55:09,400 --> 00:55:12,480
there are massive Bitcoin buyers
out there right now. 

988
00:55:12,480 --> 00:55:15,280
That's why we're at 83 and 
everything else is getting 

989
00:55:15,280 --> 00:55:19,440
absolutely destroyed. 
They are subtly telegraphing 

990
00:55:19,880 --> 00:55:22,600
some major moves here. 
I think, Nico, and I think 

991
00:55:22,600 --> 00:55:25,360
you've just been nailing, I've 
been listening the whole time. 

992
00:55:25,360 --> 00:55:28,520
You guys are killing it. 
And this besant news is big. 

993
00:55:28,880 --> 00:55:32,000
I can't wait to dive into that 
interview because I think it's 

994
00:55:32,000 --> 00:55:33,960
just crazy. 
We, we were talking about how 

995
00:55:34,680 --> 00:55:37,240
the the tariffs were going to be
used not just as tariff, but 

996
00:55:37,320 --> 00:55:39,920
also as a weapon to force free 
trade. 

997
00:55:40,240 --> 00:55:42,920
And you see some countries 
already bending the knee there 

998
00:55:43,280 --> 00:55:45,680
and where Bitcoin fits in to 
this. 

999
00:55:45,680 --> 00:55:49,600
Everyone's looking for that 
neutral monetary system, and it 

1000
00:55:49,640 --> 00:55:54,960
feels like they're pushing 
everyone in this direction. 100%

1001
00:55:54,960 --> 00:55:58,480
I mean, it's, it's, it's crazy. 
It's cryptic, though, Ruston. 

1002
00:55:58,720 --> 00:56:01,960
It's cryptic because they're not
explicitly saying these things. 

1003
00:56:02,240 --> 00:56:04,400
But for anyone who's paying 
attention and you start 

1004
00:56:04,400 --> 00:56:08,560
connecting the dots, it's very 
clear what their intent is. 

1005
00:56:08,680 --> 00:56:11,280
What was one of the most savage 
things that Besson said? 

1006
00:56:11,560 --> 00:56:13,440
You, you showed me the clip. 
The thing was like. 

1007
00:56:13,440 --> 00:56:17,120
Just raise love where he said 
sounds like a mag Seven problem.

1008
00:56:17,360 --> 00:56:18,880
You know, but. 
There was something, there was 

1009
00:56:18,880 --> 00:56:20,520
something else. 
I think it was Dante that played

1010
00:56:20,520 --> 00:56:26,800
the clip this morning. 
So would that be you elevate the

1011
00:56:26,800 --> 00:56:29,240
situation, escalate to 
deescalate? 

1012
00:56:29,680 --> 00:56:32,320
Yeah, maybe. 
I can find that he was basically

1013
00:56:32,320 --> 00:56:38,160
warning the world like look like
if, if don't mess with us, we're

1014
00:56:38,160 --> 00:56:40,920
going to raise these tariffs. 
The whole point of raising these

1015
00:56:40,920 --> 00:56:45,040
tariffs is so that there is a 
essentially it's, it's neutral 

1016
00:56:45,040 --> 00:56:47,080
trading across the across the 
world. 

1017
00:56:47,360 --> 00:56:49,520
If you don't mess with us, we 
won't mess with you. 

1018
00:56:50,360 --> 00:56:53,680
That's the goal. 
So again, we're witnessing. 

1019
00:56:53,720 --> 00:56:56,960
Have the muscle as one of the 
largest consumers there. 

1020
00:56:57,000 --> 00:56:59,360
There's some of that too. 
So oh, you're going to going to 

1021
00:56:59,360 --> 00:57:01,280
try to counter. 
Well, you're just hitting your 

1022
00:57:01,360 --> 00:57:04,360
own wallets as well. 
So this is what people don't 

1023
00:57:04,360 --> 00:57:09,800
understand like, like people 
have been tariffing US 304050 

1024
00:57:09,800 --> 00:57:12,840
sixty 8090% and we haven't 
tariffed them. 

1025
00:57:13,160 --> 00:57:16,840
And why has that been going on? 
Why have we been subsidizing 

1026
00:57:16,840 --> 00:57:19,680
other nations basically all this
time? 

1027
00:57:19,680 --> 00:57:23,880
Doesn't that seem like a little 
sketchy maybe, You know, those 

1028
00:57:23,880 --> 00:57:29,320
came post, post 19, post 1913. 
You have to end and then you 

1029
00:57:29,320 --> 00:57:31,320
have to institute an income tax,
right. 

1030
00:57:31,880 --> 00:57:35,960
Well, you don't need that 
anymore with where they're going

1031
00:57:36,000 --> 00:57:37,640
and where they're pushing 
things. 

1032
00:57:38,080 --> 00:57:39,560
And I think they're they're 
they. 

1033
00:57:40,120 --> 00:57:43,840
Yeah, as you've said, the subtle
hints, the the constant 

1034
00:57:43,840 --> 00:57:48,880
mentioning of 1913 by the orange
man whose hotels are encrusted 

1035
00:57:48,880 --> 00:57:53,000
in gold, like he doesn't know 
hard assets or sound money. 

1036
00:57:53,640 --> 00:57:55,680
I think it's all coming 
together. 

1037
00:57:55,680 --> 00:57:59,360
It seems like it's all part of 
the plan in in some ways. 

1038
00:58:00,040 --> 00:58:02,920
A A 100% like it. 
It sure does feel like that. 

1039
00:58:03,160 --> 00:58:05,720
And now there is a a very famous
clip. 

1040
00:58:06,080 --> 00:58:06,880
Of yeah, let's play the the 
best. 

1041
00:58:07,920 --> 00:58:08,880
One, yeah. 
There's. 

1042
00:58:09,440 --> 00:58:10,680
Some time stamps. 
There we go. 

1043
00:58:11,240 --> 00:58:12,720
And should we view these as 
permanent? 

1044
00:58:13,880 --> 00:58:17,840
That, you know, again, I, I 
think we're going to wait and 

1045
00:58:17,840 --> 00:58:21,360
see how this plays out. 
And if countries retaliate, 

1046
00:58:21,360 --> 00:58:23,640
which some have said that they 
would, some have said they 

1047
00:58:23,640 --> 00:58:26,520
wanted to wait and see, what is 
the White House's response going

1048
00:58:26,520 --> 00:58:30,400
to be to those countries? 
Well, the, the Caitlin one, one 

1049
00:58:30,400 --> 00:58:33,800
of the messages that I'd like to
get out tonight is everybody sit

1050
00:58:33,800 --> 00:58:37,400
back, take a deep breath. 
Don't immediately retaliate. 

1051
00:58:37,480 --> 00:58:40,880
Let's see where this goes. 
Because if you retaliate, that's

1052
00:58:40,880 --> 00:58:43,640
how we get escalation. 
And then it becomes a 

1053
00:58:43,640 --> 00:58:45,120
full-fledged trade war in your 
view? 

1054
00:58:45,920 --> 00:58:50,640
Not a not a trade war depends on
the country, but remember that 

1055
00:58:50,800 --> 00:58:57,880
the that the history of trade is
we are the deficit country. 

1056
00:58:58,120 --> 00:59:00,240
The deficit country has an 
advantage. 

1057
00:59:00,440 --> 00:59:03,480
They are the surplus countries. 
The surplus countries 

1058
00:59:03,600 --> 00:59:06,880
traditionally always lose any 
kind of a trade escalation. 

1059
00:59:06,880 --> 00:59:10,760
So I. 
So I mean, look it, it's, it's 

1060
00:59:10,760 --> 00:59:12,560
clear as day. 
I also want to show you guys 

1061
00:59:12,560 --> 00:59:15,440
this right again, we're 
connecting the dots for you 

1062
00:59:15,440 --> 00:59:16,920
guys. 
Guys, please make your own 

1063
00:59:16,920 --> 00:59:19,000
decision. 
Is there my personal opinions? 

1064
00:59:19,000 --> 00:59:20,920
This are Ruston's personal 
opinions. 

1065
00:59:20,920 --> 00:59:22,320
These are Opti's personal 
opinions. 

1066
00:59:22,800 --> 00:59:25,640
We are speculating, but we are, 
we are simply Bitcoin, 

1067
00:59:25,640 --> 00:59:29,680
tomorrow's Bitcoin news today. 
We, we've been more right, more 

1068
00:59:29,800 --> 00:59:31,560
we've been more right than 
wrong. 

1069
00:59:31,640 --> 00:59:33,640
One thing. 
Is like when you have that right

1070
00:59:33,640 --> 00:59:37,040
and then the, the the actions 
continue or these events take 

1071
00:59:37,040 --> 00:59:41,200
place and then the probabilities
just keep going up rather than 

1072
00:59:41,200 --> 00:59:43,560
dwindling. 
So it's just that that type of 

1073
00:59:43,560 --> 00:59:46,320
thing. 100% and then I want to 
show you guys this before we 

1074
00:59:46,320 --> 00:59:50,120
move on to the culture segment. 
So of course we know that 

1075
00:59:50,360 --> 00:59:54,320
President Trump and Bukele met. 
They're getting along really, 

1076
00:59:54,320 --> 00:59:57,160
really well. 
And remember one of the things 

1077
00:59:57,160 --> 00:59:59,480
that Bukele said, we don't have 
enough time to play you guys a 

1078
00:59:59,480 --> 01:00:01,920
clip, but we will drop it in the
live chat. 

1079
01:00:02,160 --> 01:00:05,680
But one of the things that 
Bukele said in a. 

1080
01:00:06,440 --> 01:00:09,960
A speech at C PAC. 
This is a quote from President 

1081
01:00:09,960 --> 01:00:14,040
Buchele. 
You pay taxes only to uphold the

1082
01:00:14,080 --> 01:00:18,840
illusion that you are funding 
the government, which you are 

1083
01:00:18,840 --> 01:00:22,200
not, right? 
Moving the Overton window. 

1084
01:00:22,200 --> 01:00:25,360
We're shifting it. 
I think people are waking up to 

1085
01:00:25,360 --> 01:00:29,840
this reality. 
And again, all roads lead to 

1086
01:00:29,840 --> 01:00:32,920
Bitcoin. 
This is the president of the 

1087
01:00:32,920 --> 01:00:36,880
first Bitcoin country. 
Look at how much the IMF fought 

1088
01:00:36,880 --> 01:00:39,160
El Salvador. 
What are they scared of? 

1089
01:00:39,400 --> 01:00:43,440
Why are they scared of Bitcoin? 
Why are they scared of this 

1090
01:00:43,440 --> 01:00:48,320
small Central American nation 
that has AGDP of $32 billion? 

1091
01:00:48,440 --> 01:00:52,160
Why are they so terrified that 
Bitcoin is legal tender? 

1092
01:00:52,280 --> 01:00:57,440
And the reason is simple. 
Bitcoin proves that money can 

1093
01:00:57,440 --> 01:01:00,200
exist with all with without 
inflation. 

1094
01:01:00,400 --> 01:01:02,680
All you guys have to do is 
connect the dots. 

1095
01:01:02,840 --> 01:01:04,640
The answers are right in front 
of you. 

1096
01:01:04,640 --> 01:01:07,120
It's very simple. 
It's very simple. 

1097
01:01:07,600 --> 01:01:11,640
Also, Nico, the IMF is here to 
enslave people, not to empower 

1098
01:01:11,640 --> 01:01:13,600
people, and that's what Bitcoin 
does. 

1099
01:01:14,440 --> 01:01:17,640
Like, you know, to to add to 
Russians point, it sure does 

1100
01:01:17,640 --> 01:01:21,320
feel like that. 
Like why is the IMF telling a 

1101
01:01:21,320 --> 01:01:24,400
sovereign country that 
democratically elected their 

1102
01:01:24,400 --> 01:01:28,280
leader, their leader has the 
most, the highest popularity 

1103
01:01:28,640 --> 01:01:33,440
popularity percentage in out of 
any president in in all of the 

1104
01:01:33,440 --> 01:01:36,800
Americas? 
Why is the IMF dictating to a 

1105
01:01:36,800 --> 01:01:40,720
sovereign country what they can 
and cannot do with their money? 

1106
01:01:41,200 --> 01:01:45,400
So what, what what Ruston is 
saying might sound hyperbolic on

1107
01:01:45,400 --> 01:01:49,520
its on the surface, but take a 
look at the actions of the IMF. 

1108
01:01:50,400 --> 01:01:53,120
What is that but not but not 
servitude? 

1109
01:01:53,120 --> 01:01:55,360
What sharks? 
What is that but not servitude? 

1110
01:01:55,520 --> 01:01:57,520
Right again. 
Anyways, guys, we're going to 

1111
01:01:57,520 --> 01:02:00,080
get to the culture segment. 
We still have a hell of a show 

1112
01:02:00,080 --> 01:02:02,360
for you guys. 
We're going to be right back. 

1113
01:02:03,560 --> 01:02:06,720
I want to give a shout out to 
our partner Hive Digital 

1114
01:02:06,720 --> 01:02:10,280
Technologies. 
As the first ever public miner, 

1115
01:02:10,400 --> 01:02:15,760
Hive's position to quadruple 
their global footprint in 2025 

1116
01:02:16,000 --> 01:02:20,640
and as the first with an AI 
strategy, Hive continues to make

1117
01:02:20,640 --> 01:02:24,360
moves in sustainable high 
performance computing. 

1118
01:02:24,560 --> 01:02:28,720
They consistently topped the 
industry in Bitcoin mine per 

1119
01:02:28,720 --> 01:02:32,520
Exahash, and now they're 
headquartered in the USA. 

1120
01:02:32,680 --> 01:02:35,600
They're leaning me, they're 
green and clean, and they're 

1121
01:02:35,600 --> 01:02:39,240
changing the game. 
You can catch the latest buzz by

1122
01:02:39,240 --> 01:02:43,080
following them at Hive Digital 
Tech or check out their website 

1123
01:02:43,120 --> 01:02:57,320
at Hive digitaltech.com. 
I want to give a shout out to 

1124
01:02:57,320 --> 01:03:00,520
our partner coin kite. 
If you take your Bitcoin 

1125
01:03:00,520 --> 01:03:04,560
security seriously, you'll need 
the best Bitcoin hardware wallet

1126
01:03:04,560 --> 01:03:06,600
on the market to take self 
custody. 

1127
01:03:06,800 --> 01:03:10,680
That's where cold card comes in 
The cold card Q is the most 

1128
01:03:10,680 --> 01:03:13,640
advanced Bitcoin signing device 
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1129
01:03:13,800 --> 01:03:18,000
It's got a full keyboard, larger
screen and NFC support, making 

1130
01:03:18,040 --> 01:03:20,240
air gap signing easier than 
ever. 

1131
01:03:20,320 --> 01:03:23,640
It's built for power users who 
want the ultimate security 

1132
01:03:23,680 --> 01:03:27,440
without sacrificing usability. 
And if if you're looking for a 

1133
01:03:27,440 --> 01:03:32,840
battle tested on compromising 
cold storage, the Cold Card MK4 

1134
01:03:32,840 --> 01:03:36,480
is your go to. 
With PSBT signing an industrial 

1135
01:03:36,480 --> 01:03:40,320
grade secure element and USBC, 
it's the perfect blend of 

1136
01:03:40,320 --> 01:03:44,800
security and convenience. 
Both devices are of course 100% 

1137
01:03:44,960 --> 01:03:49,040
Bitcoin, only open source and 
built by Bitcoiners for 

1138
01:03:49,040 --> 01:03:51,800
Bitcoiners. 
Secure your Bitcoin the right 

1139
01:03:51,800 --> 01:03:54,800
way with the Cold Card queue and
the MK4. 

1140
01:03:54,960 --> 01:03:59,400
Head over to coldcard.com today 
and use promo code simply to get

1141
01:03:59,400 --> 01:04:06,800
5% off anything on the store. 
All right, everybody, so back in

1142
01:04:06,800 --> 01:04:08,720
during the Revolutionary War, 
right? 

1143
01:04:08,720 --> 01:04:10,160
You know, they had muskets, 
right? 

1144
01:04:10,160 --> 01:04:13,840
They had muskets to, to, you 
know, to, to stand up against 

1145
01:04:13,840 --> 01:04:16,200
tyranny, to stand up against the
British crown. 

1146
01:04:16,800 --> 01:04:18,400
It's not that type of 
revolution. 

1147
01:04:18,400 --> 01:04:21,240
This is a peaceful revolution, 
the Bitcoin revolution. 

1148
01:04:21,240 --> 01:04:22,680
But what is this revolution all 
about? 

1149
01:04:22,680 --> 01:04:26,440
Instead of getting yourself a 
musket, pay yourself a cold card

1150
01:04:26,760 --> 01:04:28,040
because that's what it's all 
about. 

1151
01:04:28,040 --> 01:04:31,960
It's about individuals taking 
self custody of their wealth and

1152
01:04:31,960 --> 01:04:36,000
in the process reclaiming back 
their financial sovereignty. 

1153
01:04:36,400 --> 01:04:39,840
This is the best Bitcoin Harbor 
wallet in the entire industry. 

1154
01:04:39,840 --> 01:04:43,680
It's completely open source the 
the back is transparent so you 

1155
01:04:43,680 --> 01:04:46,320
can see if anyone has been 
messing with your hardware 

1156
01:04:46,320 --> 01:04:49,360
wallet while you're not there. 
Guys, I highly recommend it has 

1157
01:04:49,360 --> 01:04:52,880
two secure elements. 
You can sign transactions with 

1158
01:04:52,880 --> 01:04:57,160
the QR code scanner, the NFC, 
the little tap tap, or with the 

1159
01:04:57,160 --> 01:04:59,160
QR code. 
Or you could just plug it in. 

1160
01:04:59,440 --> 01:05:04,080
So get yourself a cold card 
Bitcoin hardware wallet signing 

1161
01:05:04,080 --> 01:05:07,000
device, however you want to call
it, scan the QR code on your 

1162
01:05:07,000 --> 01:05:11,080
screen right now or go to 
coinkite.com and use promo code 

1163
01:05:11,080 --> 01:05:14,160
simply. 
And you got 5% off anything on 

1164
01:05:14,160 --> 01:05:17,600
the Coinkite store. 
Anyhow, Opti, what are we going 

1165
01:05:17,600 --> 01:05:18,880
to talk about during the culture
today? 

1166
01:05:18,880 --> 01:05:22,640
Yes, thank you. 
So last night we went to the 

1167
01:05:22,640 --> 01:05:26,480
first Bitlock boom dinner and 
many of the conversations that 

1168
01:05:26,480 --> 01:05:29,200
we were having was, or rather a 
lot of people asking me, and 

1169
01:05:29,200 --> 01:05:31,040
we've been having this 
conversation all week on the 

1170
01:05:31,040 --> 01:05:33,920
show, is this idea of the four 
year cycle? 

1171
01:05:33,920 --> 01:05:35,880
Everyone's like, is the four 
year cycle over? 

1172
01:05:36,080 --> 01:05:37,720
Are we seeing the commodity 
cycle? 

1173
01:05:37,720 --> 01:05:41,240
And I know I was having a a 
super bearish conversation with 

1174
01:05:41,240 --> 01:05:44,480
Stefan Lavera and he's like 
diminishing returns Bros. 

1175
01:05:44,480 --> 01:05:48,160
And I don't know, as Russian 
just said a minute ago, you 

1176
01:05:48,160 --> 01:05:51,440
know, since I have a 45 IQ, I 
make some, you know, 

1177
01:05:51,440 --> 01:05:53,840
predictions. 
But when smarter people say the 

1178
01:05:53,840 --> 01:05:56,400
same thing that I say, that's 
how I know I'm right. 

1179
01:05:56,400 --> 01:05:58,400
I'm obviously confirming my own 
bias. 

1180
01:05:58,560 --> 01:06:02,320
But here we have Arthur Hayes 
and he seems to be saying what 

1181
01:06:02,320 --> 01:06:06,000
we we've been saying on the show
that we might be entering a new 

1182
01:06:06,000 --> 01:06:07,680
cycle and not the four year 
cycle. 

1183
01:06:07,960 --> 01:06:10,200
So let's hear this and then 
we'll chat about it. 

1184
01:06:10,200 --> 01:06:14,040
And it also seems like on this 
morning that Bitcoin is 

1185
01:06:14,040 --> 01:06:18,280
decoupling from the S&P 500. 
It seems like we are finally 

1186
01:06:18,280 --> 01:06:21,240
seeing the decoupling happen. 
Obviously we need a little more 

1187
01:06:21,240 --> 01:06:23,760
data, but let's just play the 
clip and then rust in at myself 

1188
01:06:23,760 --> 01:06:26,880
and Nico will talk. 
About it so I think that. 

1189
01:06:27,920 --> 01:06:30,440
The Four. 
Year Bitcoin having a cycle and 

1190
01:06:30,440 --> 01:06:33,920
sort of the minor profitability 
and how that swings over time 

1191
01:06:34,560 --> 01:06:39,880
made a lot more sense in terms 
of a market cycle when Bitcoin 

1192
01:06:39,880 --> 01:06:42,640
was a much smaller asset class. 
And I guess in crypto and 

1193
01:06:42,640 --> 01:06:45,680
general, because with Bitcoin 
goes, everything else follows. 

1194
01:06:46,400 --> 01:06:50,960
But now that Bitcoin and crypto 
are a bona fide asset class, you

1195
01:06:50,960 --> 01:06:53,440
know, they're talked about in 
every major financial network in

1196
01:06:53,440 --> 01:06:55,120
the world. 
Every central bank has an 

1197
01:06:55,120 --> 01:06:57,280
opinion on it, whether it's good
or it's bad. 

1198
01:06:57,800 --> 01:07:00,760
You have the leader of the 
empire of the US talking about 

1199
01:07:00,880 --> 01:07:03,960
Bitcoin and policies and, you 
know, everybody's responding 

1200
01:07:03,960 --> 01:07:06,960
with that sort of stuff. 
So now I think Bitcoin has 

1201
01:07:06,960 --> 01:07:11,360
transitioned from this sort of 
technological digital bear asset

1202
01:07:11,360 --> 01:07:15,960
into the best smoke alarm for 
Fiat liquidity that we have 

1203
01:07:15,960 --> 01:07:18,120
globally. 
Previously that will sell by 

1204
01:07:18,120 --> 01:07:20,480
gold. 
Gold and Bitcoin has some 

1205
01:07:20,480 --> 01:07:22,680
different properties that make 
them react a little bit 

1206
01:07:22,680 --> 01:07:25,760
differently to things. 
And now I think we have a 24/7 

1207
01:07:25,760 --> 01:07:27,320
market. 
Anyone with an Internet 

1208
01:07:27,320 --> 01:07:33,960
connection can access it. 
Absolutely incredible. 

1209
01:07:33,960 --> 01:07:36,800
I think this is a spot on take. 
We've been kind of covering this

1210
01:07:36,800 --> 01:07:40,120
it from different angles and, 
and I think, I think Arthur is, 

1211
01:07:40,120 --> 01:07:44,360
is 100% correct here And my boy 
CJI think we put it on our, our 

1212
01:07:44,360 --> 01:07:46,800
YouTube already. 
Maybe I, I'm, you know, I'm 

1213
01:07:46,800 --> 01:07:49,680
missing missing dates here, but 
he's saying something similar. 

1214
01:07:49,680 --> 01:07:53,120
Now we're seeing a lot of people
in, in, you know, in or around 

1215
01:07:53,120 --> 01:07:55,440
Bitcoin asking a very similar 
question. 

1216
01:07:55,440 --> 01:07:57,880
What is going on with Bitcoin? 
Why is it trading with 

1217
01:07:57,880 --> 01:08:00,200
traditional markets? 
And then we see Sailor 

1218
01:08:00,240 --> 01:08:03,120
essentially destroyed Dave 
Portnoy this morning or 

1219
01:08:03,120 --> 01:08:05,800
actually, sorry, it was last 
night very, very clearly. 

1220
01:08:05,840 --> 01:08:07,920
And some people were saying 
maybe he's using ChatGPT for 

1221
01:08:07,920 --> 01:08:09,840
this, but who knows. 
Anyways, the the response is 

1222
01:08:09,840 --> 01:08:11,480
great. 
So we have Dave partner and he 

1223
01:08:11,480 --> 01:08:13,280
goes, I have a dumb Bitcoin 
question. 

1224
01:08:13,280 --> 01:08:15,960
If the point of Bitcoin is to be
independent of the US dollar and

1225
01:08:15,960 --> 01:08:18,960
non regulated, why does it 
basically trade exactly like the

1226
01:08:19,000 --> 01:08:22,120
US stock market nowadays? 
Mark it up, Bitcoin up, mark it 

1227
01:08:22,120 --> 01:08:24,840
down, Bitcoin down. 
And then Sailor goes Bitcoin 

1228
01:08:24,840 --> 01:08:27,520
trades like a risk asset short 
term because it's the most 

1229
01:08:27,520 --> 01:08:30,040
liquid saleable 24/7 acid on 
earth. 

1230
01:08:30,200 --> 01:08:33,160
In times of panic, traders sell 
what they can, not what they 

1231
01:08:33,160 --> 01:08:34,880
want to. 
Doesn't mean it's correlated 

1232
01:08:34,880 --> 01:08:37,560
long term, just means it's 
always available. 

1233
01:08:37,800 --> 01:08:42,160
Now moving forward this morning 
we're also seeing something very

1234
01:08:42,160 --> 01:08:44,920
interesting. 
Bitcoin priced in NASDAQ 

1235
01:08:44,920 --> 01:08:48,399
breaking back above 2021 highs. 
Wow. 

1236
01:08:48,680 --> 01:08:52,720
You know, NASDAQ and S&P 500 are
getting absolutely wrecked. 

1237
01:08:52,720 --> 01:08:54,359
And Pete Rizzo dropped this this
morning. 

1238
01:08:54,520 --> 01:08:57,200
Bitcoin just broke its 
correlation with the S&P. 

1239
01:08:57,359 --> 01:08:59,920
This is not priced in fire 
emoji. 

1240
01:08:59,920 --> 01:09:03,359
And you can see some numbers 
here, you know, March 1220, 20, 

1241
01:09:03,520 --> 01:09:09,160
when S&P dropped 9.51%, Bitcoin 
dropped 39%, and then they got 

1242
01:09:09,160 --> 01:09:12,000
the Bitcoin versus S&P ratio. 
Now, you know, you can look at 

1243
01:09:12,000 --> 01:09:15,640
these charts, you can pause it 
and going forward to yesterday, 

1244
01:09:15,840 --> 01:09:19,040
or rather, yeah, yesterday and 
today. 

1245
01:09:19,040 --> 01:09:23,720
So April 3rd, 2025, S&P 500 went
down -4.8%. 

1246
01:09:23,960 --> 01:09:27,279
Today or yesterday, sorry, 
Bitcoin went down 5.7%. 

1247
01:09:27,479 --> 01:09:30,800
And today, which is the big, I 
think the big signal, the big 

1248
01:09:30,800 --> 01:09:33,399
kahuna in the room here. 
And this might be the 

1249
01:09:33,399 --> 01:09:36,399
fundamental shift we're seeing 
right now. 

1250
01:09:36,399 --> 01:09:41,720
S&P 500 went down -3% and 
Bitcoin stayed pretty solid at a

1251
01:09:41,720 --> 01:09:45,520
positive .77%. 
Obviously, a lot of bitcoiners 

1252
01:09:45,520 --> 01:09:48,080
want the price to RIP, but in 
the face of economic 

1253
01:09:48,080 --> 01:09:51,319
uncertainty, Bitcoin is just 
holding it down right now. 

1254
01:09:51,600 --> 01:09:54,160
And our. 
Yeah, which is absolutely crazy.

1255
01:09:54,440 --> 01:09:57,280
And and we've been saying this 
the whole show, we this is, you 

1256
01:09:57,280 --> 01:10:00,680
know, we're just giving you some
more data points on to this same

1257
01:10:00,680 --> 01:10:04,280
fundamental message. 
And Vijay, like always, I think 

1258
01:10:04,280 --> 01:10:07,560
killed it in the face of yet 
another major global equity sell

1259
01:10:07,560 --> 01:10:10,120
off, Bitcoin is acting extremely
resilient. 

1260
01:10:10,400 --> 01:10:12,880
All those people complaining 
that Bitcoin was just moving 

1261
01:10:12,880 --> 01:10:15,760
with tech stocks. 
Here is your answer, guys. 

1262
01:10:15,960 --> 01:10:17,600
We were having this conversation
last. 

1263
01:10:17,640 --> 01:10:20,200
Well, rather, I was having this 
conversation with people last 

1264
01:10:20,200 --> 01:10:23,400
night and we keep kind of 
pointing at different directions

1265
01:10:23,400 --> 01:10:26,440
or different data points. 
We obviously have no clue 

1266
01:10:26,440 --> 01:10:29,520
exactly what's going on. 
But from what we can speculate, 

1267
01:10:29,520 --> 01:10:32,160
from what we can see, from what 
we can work out from first 

1268
01:10:32,160 --> 01:10:36,920
principles, it seems like we are
getting another scenario, almost

1269
01:10:36,920 --> 01:10:38,840
like the birth of Bitcoin in 
2008. 

1270
01:10:39,360 --> 01:10:43,240
You know, 2020 was a brutal 
year, but now if we're seeing 

1271
01:10:43,240 --> 01:10:45,840
one of the biggest sell off 
since 2020 and Bitcoin is 

1272
01:10:45,840 --> 01:10:47,880
reacting in a totally different 
way. 

1273
01:10:48,080 --> 01:10:51,600
Yeah, a totally different, 
different, you know, market 

1274
01:10:51,600 --> 01:10:55,000
structure. 
I don't know guys, it does seem 

1275
01:10:55,000 --> 01:10:57,560
like this, you know, four year 
cycle might be over. 

1276
01:10:57,920 --> 01:11:00,800
Obviously we want to see the 
price pump because this is the 

1277
01:11:00,800 --> 01:11:03,800
year of 2025, this is the year 
of the pump and we're still all 

1278
01:11:03,800 --> 01:11:07,600
thinking, hey, I think, you 
know, 200K ish by the end of the

1279
01:11:07,600 --> 01:11:10,520
year could play out. 
But maybe, you know, we're going

1280
01:11:10,520 --> 01:11:13,640
to see not not a necessarily a 
diminishing returns, but a 

1281
01:11:13,640 --> 01:11:17,320
longer extended cycle. 
And if that is true, then the 

1282
01:11:17,320 --> 01:11:20,040
cycle theory will break in a 
different way and we'll see you 

1283
01:11:20,040 --> 01:11:22,560
maybe a new all time high in 
2026. 

1284
01:11:22,960 --> 01:11:25,720
Who who knows what's really 
going on yet we'll obviously can

1285
01:11:25,720 --> 01:11:30,040
only see what's happening in 
hindsight, but in in the interim

1286
01:11:30,040 --> 01:11:33,360
man, it does seem like Bitcoin 
has decoupled at least today 

1287
01:11:33,760 --> 01:11:37,360
it's it's acting very very 
strong right now, even though 

1288
01:11:37,360 --> 01:11:42,480
the world is melting 84. 1000 
Holding strong again The S&P. 

1289
01:11:43,880 --> 01:11:47,280
The the S&P list hit it. 
Rustin hit it. 

1290
01:11:47,480 --> 01:11:49,720
All right, all right, so this is
absolutely crazy. 

1291
01:11:49,720 --> 01:11:53,720
So 2020, you guys remember that 
that was around the time that I 

1292
01:11:53,880 --> 01:11:58,240
like first like bought Bitcoin 
because like I was like, how is 

1293
01:11:58,240 --> 01:12:01,560
it still alive and everyone was 
talking about it crashing, but I

1294
01:12:01,560 --> 01:12:04,240
was like I remembered it at like
300 bucks. 

1295
01:12:04,240 --> 01:12:07,000
I was like this is nuts dude. 
I need to buy some of this shit.

1296
01:12:07,680 --> 01:12:11,120
But anyway, think about that. 
The market sentiment around the 

1297
01:12:11,120 --> 01:12:15,560
world is like completely in the 
shitter and Bitcoin is still 

1298
01:12:15,920 --> 01:12:19,320
slowly chugging along and even 
just to maintain where it is 

1299
01:12:19,320 --> 01:12:24,440
right now is absolutely insane, 
which says of that 3.5 trillion 

1300
01:12:24,440 --> 01:12:29,440
that left the S&P 500, it's 
likely that portions of that are

1301
01:12:29,440 --> 01:12:32,000
already entering or big buyers 
are already there. 

1302
01:12:32,000 --> 01:12:34,720
Now we talked about this 
prolonged cycle. 

1303
01:12:35,640 --> 01:12:39,040
That's going to depend on how 
how long J Pal is going to be 

1304
01:12:39,040 --> 01:12:41,760
playing it, playing it tough 
over here. 

1305
01:12:41,760 --> 01:12:44,200
Once he folds, it's over. 
So that's where you could get. 

1306
01:12:44,920 --> 01:12:46,400
They're playing a game of 
chicken right now. 

1307
01:12:46,640 --> 01:12:48,320
Yeah, 100%. 
They're playing a game of 

1308
01:12:48,320 --> 01:12:50,160
chicken. 
But I mean, I mean Arthur. 

1309
01:12:50,200 --> 01:12:53,440
So you played a clip of Arthur 
just recently, Opti, you know, 

1310
01:12:53,440 --> 01:12:58,000
Arthur dropped a very, very good
article called the BBC, you 

1311
01:12:58,000 --> 01:13:00,520
know, a couple days ago. 
We read you guys, a lot of it 

1312
01:13:00,520 --> 01:13:03,880
isn't family friendly, a lot of 
the, the, the rhetoric that he 

1313
01:13:03,880 --> 01:13:06,560
used in that article. 
But essentially he was making 

1314
01:13:06,560 --> 01:13:11,920
the case that, you know, Pow was
beholden to Besset, you know, 

1315
01:13:11,920 --> 01:13:15,960
eventually and Besset knows it. 
And essentially we've been 

1316
01:13:15,960 --> 01:13:18,040
making the case. 
We picked this up actually a 

1317
01:13:18,040 --> 01:13:20,560
couple of weeks ago. 
We've been making the case here 

1318
01:13:20,560 --> 01:13:24,120
at simply for a while now that 
essentially Trump is doing this 

1319
01:13:24,120 --> 01:13:28,080
on purpose. 
Because without essentially the 

1320
01:13:28,080 --> 01:13:33,560
Fed going along with Trump, 
Trump can't fulfill his agenda. 

1321
01:13:33,560 --> 01:13:36,600
He needs the money printer. 
But right now, essentially, 

1322
01:13:36,600 --> 01:13:41,240
Powell has the cover of, oh, 
inflation to justify the rates 

1323
01:13:41,400 --> 01:13:44,640
remaining high, right? 
So essentially, you know what 

1324
01:13:44,760 --> 01:13:46,320
what we are. 
Speculating the last two 

1325
01:13:46,320 --> 01:13:48,040
readings has come down. 
Exactly. 

1326
01:13:48,040 --> 01:13:51,280
So like we've been making the 
cases like look like Trump is 

1327
01:13:51,280 --> 01:13:53,720
essentially forcing the hand of 
the Fed. 

1328
01:13:53,720 --> 01:13:56,880
But it's really interesting that
the Fed came out with that 

1329
01:13:56,880 --> 01:13:59,600
statement earlier on saying, 
listen, the tariffs are going to

1330
01:13:59,600 --> 01:14:02,320
cause inflation. 
Now is that just grandstanding 

1331
01:14:02,480 --> 01:14:03,920
it? 
You know, is, is Powell trying 

1332
01:14:03,920 --> 01:14:07,440
to essentially, you know, but 
make it seem that, you know, the

1333
01:14:07,440 --> 01:14:10,320
Fed remains independent, but in 
reality, the Fed is going to act

1334
01:14:10,320 --> 01:14:12,080
some, act something out 
differently. 

1335
01:14:12,200 --> 01:14:14,360
That could be the case. 
I think that's what Arthur 

1336
01:14:14,360 --> 01:14:16,200
believes. 
But we shall see. 

1337
01:14:16,200 --> 01:14:19,360
I mean, but it's, it's crazy 
that there's so much politics 

1338
01:14:19,360 --> 01:14:21,320
involved. 
Driving even more attention to 

1339
01:14:21,320 --> 01:14:23,880
the fact that they are 
politicized and aren't 

1340
01:14:23,880 --> 01:14:27,480
independent indirectly. 
It's a it's a politicized 

1341
01:14:27,480 --> 01:14:30,560
institution. 
And again, they're they have 

1342
01:14:30,560 --> 01:14:32,680
bankroll. 
And it's not federal and has no 

1343
01:14:32,680 --> 01:14:34,760
reserves. 
There we go, there we go. 

1344
01:14:34,760 --> 01:14:37,040
Let's continue moving this this 
Overton window. 

1345
01:14:37,040 --> 01:14:41,280
But yes, the TLDR from today's 
show, all right, The TLDR from 

1346
01:14:41,280 --> 01:14:45,320
today's show is yes, we got a 
pro Bitcoin president in the 

1347
01:14:45,320 --> 01:14:48,240
White House. 
Now we need a bitcoiner in the 

1348
01:14:48,240 --> 01:14:50,320
White House. 
And when that Bitcoiner in the 

1349
01:14:50,320 --> 01:14:53,240
White House, the main goal of 
that bitcoiner should be to 

1350
01:14:53,480 --> 01:14:56,880
Andrew Jackson, 2 point O and 
the Federal Reserve. 

1351
01:14:56,880 --> 01:15:02,040
That's what we need to do. 
Yeah, I miss Nico Jones. 

1352
01:15:02,280 --> 01:15:04,200
Whose bust? 
Hangs in the orange man's. 

1353
01:15:04,200 --> 01:15:07,480
Office, this is true. 
If you know, you know what what?

1354
01:15:07,480 --> 01:15:10,080
Hold on, keep going because I do
kind of want to pivot a little 

1355
01:15:10,080 --> 01:15:10,880
bit. 
There we go. 

1356
01:15:10,960 --> 01:15:13,800
Like, okay, so do you think he 
just has that painting there for

1357
01:15:13,800 --> 01:15:15,800
for, you know, for shits and 
giggles? 

1358
01:15:15,800 --> 01:15:19,640
Like it's on purpose? 
Like guys, there's two he he 

1359
01:15:19,640 --> 01:15:23,720
name dropped the year 1913 and 
what was it that he said he was 

1360
01:15:23,720 --> 01:15:26,680
like for? 
Reasons unknown to mankind of. 

1361
01:15:27,000 --> 01:15:29,440
Course, we all know. 
We all know what the hell What 

1362
01:15:29,440 --> 01:15:32,000
happened in Jekyll Island? 
What happened? 

1363
01:15:32,120 --> 01:15:34,720
Go read 13 What happened, 
everybody? 

1364
01:15:34,880 --> 01:15:38,080
Go read The Creature from Jekyll
Island and you'll know exactly 

1365
01:15:38,080 --> 01:15:42,760
what happened in 1913 I. 
Have the two largest world wars 

1366
01:15:42,760 --> 01:15:45,920
in the world. 
Why have they happened since the

1367
01:15:45,920 --> 01:15:47,360
establishment of the Federal 
Reserve? 

1368
01:15:47,720 --> 01:15:50,600
Why, why, why is all, why are 
all these things happening 

1369
01:15:50,600 --> 01:15:53,240
again? 
I think a lot of people have 

1370
01:15:53,240 --> 01:15:56,520
known this for a while. 
I mean, some people, Ron Paul, 

1371
01:15:56,520 --> 01:15:58,520
who is the author of The 
Creature from Jekyll Island, G 

1372
01:15:58,840 --> 01:16:01,920
Edward Griffin, G Edward 
Griffin, and people like Rustin 

1373
01:16:01,920 --> 01:16:05,520
and Goldbugs, Larry Leopard. 
Also, there's been a lot of 

1374
01:16:05,520 --> 01:16:08,160
people that have known this for 
a while, right? 

1375
01:16:09,000 --> 01:16:12,680
45 IQ. 18 year old OPDE, we now 
have the solution. 

1376
01:16:13,240 --> 01:16:16,480
We now have the solution to 
replace this right there. 

1377
01:16:16,480 --> 01:16:21,200
There was this very famous, very
famous Thomas Sowell video where

1378
01:16:21,200 --> 01:16:24,600
they asked him like, so you 
know, when we get rid of the 

1379
01:16:24,600 --> 01:16:27,280
Federal Reserve, like what do we
replace it with? 

1380
01:16:27,280 --> 01:16:30,560
And Thomas Sowell was like very 
wisely said, he's like, you 

1381
01:16:30,560 --> 01:16:34,920
know, when you cut out a cancer,
you don't replace it, right? 

1382
01:16:35,200 --> 01:16:40,080
So again I'm moving the Overton 
window yes great we got a pro 

1383
01:16:40,080 --> 01:16:43,120
Bitcoin president. 
He's done so good repeal of SAB 

1384
01:16:43,120 --> 01:16:47,800
121 and of operation choke .2 
point O free free Ross Albrecht 

1385
01:16:47,880 --> 01:16:52,720
strategic Bitcoin reserve. 
But now we need a bitcoiner and 

1386
01:16:52,720 --> 01:16:56,760
the White House with the goal of
ending central banking. 

1387
01:16:57,040 --> 01:17:00,320
We end central banking. 
We end, we, we free the human 

1388
01:17:00,320 --> 01:17:05,760
race, simple as that. 
Anyways, we hit we hit 250 

1389
01:17:05,760 --> 01:17:08,360
likes, guys, smash that like 
button. 

1390
01:17:08,480 --> 01:17:10,600
We're getting close to the end 
of the show, guys. 

1391
01:17:10,600 --> 01:17:14,600
We're going to be live streaming
all of bit block Boom tomorrow. 

1392
01:17:14,600 --> 01:17:17,600
We're going to be at the news 
desk, me and Opti from very, 

1393
01:17:17,600 --> 01:17:20,400
very early in the morning, 9:00 
AM central time. 

1394
01:17:20,520 --> 01:17:23,880
We're going to be live streaming
all the awesome panels. 

1395
01:17:24,360 --> 01:17:26,560
How how many, what what people 
do we have on tomorrow? 

1396
01:17:26,560 --> 01:17:28,960
We have Marty Bent. 
We have Larry Leopard. 

1397
01:17:29,040 --> 01:17:31,040
We have Dante. 
We have Dante. 

1398
01:17:31,880 --> 01:17:35,400
Parker Lewis Yeah, we got we, we
got it's, it's going to be an 

1399
01:17:35,400 --> 01:17:37,160
incredible, incredible 
conference. 

1400
01:17:37,520 --> 01:17:39,720
You guys definitely don't want 
to miss it. 

1401
01:17:39,760 --> 01:17:44,080
But in case you did, I guess you
guys couldn't make it to Dallas 

1402
01:17:44,080 --> 01:17:47,880
for this year's bit block boom. 
I do want to give a shout out to

1403
01:17:49,000 --> 01:17:55,320
the Bitcoin conference that's 
coming up in Las Vegas, NV at 

1404
01:17:55,400 --> 01:18:01,400
the Venetian Hotel, May 27th 
through the 29th. 

1405
01:18:01,680 --> 01:18:04,000
The entire Simply Bitcoin crew 
is going to be there. 

1406
01:18:04,000 --> 01:18:08,200
In fact, we are going to have a 
booth on the floor and we're 

1407
01:18:08,200 --> 01:18:10,280
going to be streaming. 
Hopefully, if we get the figure,

1408
01:18:10,280 --> 01:18:13,120
if we get the Internet figured 
out, it's going to be absolutely

1409
01:18:13,120 --> 01:18:17,000
awesome. 
Hope to see you guys in Vegas, 

1410
01:18:17,000 --> 01:18:20,920
Las Vegas, NV at the biggest 
Bitcoin conference of the year. 

1411
01:18:21,040 --> 01:18:24,960
I call it the Bitcoin Super Bowl
May 27th through through the 

1412
01:18:24,960 --> 01:18:30,200
29th of 2025 at the Venetian 
Hotel Las Vegas, NV. 

1413
01:18:30,400 --> 01:18:34,240
Get your tickets quickly before 
the prices go up and they do go 

1414
01:18:34,240 --> 01:18:36,560
up. 
So scan the QR code on your 

1415
01:18:36,560 --> 01:18:41,600
screen or search Bitcoin 2025 on
Google and make sure to use 

1416
01:18:41,600 --> 01:18:46,960
promo code simply again, promo 
code simply to get 10% off your 

1417
01:18:46,960 --> 01:18:52,080
tickets to the largest and 
biggest Bitcoin conference in 

1418
01:18:52,080 --> 01:18:56,800
the world, Bitcoin 2025 live. 
Anyways, guys, I hope you guys 

1419
01:18:56,800 --> 01:19:00,280
enjoyed today's show. 
I'm your host, Nico joining us 

1420
01:19:00,280 --> 01:19:04,360
today in the Coho seat Optimus 
Fields and our special guest in 

1421
01:19:04,360 --> 01:19:09,080
the house, the goat, the legend,
the man, the myth, the legend, 

1422
01:19:09,160 --> 01:19:13,840
Russian in the house. 
Smash that like Simply Bitcoin 

1423
01:19:13,840 --> 01:19:15,320
Live, and we'll see you on 
Monday. 

1424
01:19:15,320 --> 01:19:20,520
For a brand new episode. 
Today's episode was brought to 

1425
01:19:20,520 --> 01:19:24,080
you by bitcoinwell.com, a 
Bitcoin only platform on a 

1426
01:19:24,080 --> 01:19:26,480
mission to enable financial 
independence.