This is the year after the halving.
Historically, price tends to run up and bitcoins become like a.
Stable coin. Volatilities really, you know,
decrease tremendously. What's the deal with that?
I think. If.
You're talking about $1 million Omega candles.
It's all happening. It's just a matter of time.
I think there are a number of things happening.
Maybe it's the shake out. Recently we dropped well 20K and
that's kind of we got, we got the major.
Candle just in the right direction.
But you can see like the volatility has declined a lot.
Like I think that was the largest flush ever of
liquidations, that largest flush ever of liquidations.
And all we do is drop 20 all the coins dropped, you know, down to
the depths of hell. But you know, Bitcoin largely
unaffected. And it goes to show like the
resilience is there. It's just there are factors that
will push us down or keep us down.
You can theorize about many things, but maybe I it's not one
answer, it's many different things.
Maybe there is an exchange selling Bitcoin that they don't
have, like FTX did. Maybe it is some paper Bitcoin.
Maybe it's whales rotating. Maybe it's people moving into
ETFSI don't know. Maybe there's people taking
profits. All of these things can be
possible. We don't know.
But what we do know is there is a limit.
And what we do know is it's impossible that, you know,
Michael Saylor gets 10% of the supply at these levels.
He's going to get 10%. Like that's just ridiculous.
So the price has to move sooner or later and I think it's going
to be sooner. The other thing probably is like
also running too hot. Ethereum was like, you know,
getting past its all time highs ripples at like $3.50, which is
ridiculous. And I think when alts run too
high, there's always a correction.
And I, I've after our volcano interview, I kind of felt
bearish because the alts were grunting.
And we just know like that is unsustainable.
And when they go, you know, Bitcoin always will follow down
a bit, but then we kind of shake them off and we go back up.
Yeah, and they never recover, right?
Yes. So Samson, we are getting to the
end, but we saw the sunset, you know, while we were recording
this timed it perfectly. We we saw a wild Bevin dolphin,
which was hilarious. It's.
Not a volcano, but it's pretty good.
Yeah, this is good. This is good.
I want to ask you, 100 years from now, 200 years from now,
500 years from now, 1000 years from now, how do you want to be
remembered? What is Samsung's legacy?
What is the Jan 3 legacy? Well, hopefully we actually do
get Bitcoin bonds launched. I think that will be a big game
changer for the world. It's it's showing that the
strategy playbook which has worked will work for nation
states. I think the question will will
really be as we transition from the Fiat world into a Bitcoin
world, did it go well or did it go poorly.
And if it goes well, I would like to be remembered as someone
that push it on the track to going well.
I love that Samsung, Mel, thank you so much.
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