1 00:00:00,320 --> 00:00:04,600 Yo, a new bombshell clip has just dropped, specifically 2 00:00:04,600 --> 00:00:09,360 coming from CNBC that exposes global Bitcoin, nation state 3 00:00:09,360 --> 00:00:12,600 FOMO, something that we've been talking about for a couple 4 00:00:12,600 --> 00:00:14,200 weeks. I mean, incredible. 5 00:00:14,200 --> 00:00:17,800 Also, there was a prediction in this clip as well, $3,000,000 6 00:00:17,800 --> 00:00:21,240 Bitcoin by 2050, which is a little bit bearish in my 7 00:00:21,240 --> 00:00:22,560 opinion. But anyways, let's check out 8 00:00:22,560 --> 00:00:24,200 this clip and then we'll talk about it. 9 00:00:27,160 --> 00:00:30,400 It's a non-us asset, it's an emerging markets asset. 10 00:00:30,400 --> 00:00:32,600 And while we were all hyperventilating about the 11 00:00:32,600 --> 00:00:36,520 election over the last week, BRICS had a conference in 12 00:00:36,520 --> 00:00:38,800 Russia. There's six new members of BRICS 13 00:00:38,800 --> 00:00:42,200 this year. So BRICS GDP is now greater than 14 00:00:42,240 --> 00:00:47,480 the combined GDP of G7. Of the six new members, three of 15 00:00:47,480 --> 00:00:51,920 them, Argentina, the UAE and Ethiopia, are now mining Bitcoin 16 00:00:51,920 --> 00:00:55,840 with government resources. So there is tremendous urgency 17 00:00:56,200 --> 00:01:00,520 outside of the US to find a way to circumvent the irresponsible 18 00:01:00,520 --> 00:01:03,520 fiscal policy that we've been running here in the US. 19 00:01:03,920 --> 00:01:07,280 In fact, Russia announced an initiative, there's sovereign 20 00:01:07,280 --> 00:01:10,000 wealth fund is going to invest in a regional initiative to 21 00:01:10,000 --> 00:01:13,440 build Bitcoin mining and AI infrastructure throughout bricks 22 00:01:13,440 --> 00:01:16,560 with an idea of settling global trade in Bitcoin. 23 00:01:16,800 --> 00:01:20,040 So look, someday, I don't know if it's five years, 10 years, 24 00:01:20,040 --> 00:01:21,520 Putin's going to die. We're going to look to 25 00:01:21,520 --> 00:01:23,400 reintegrate some of these countries into the world 26 00:01:23,400 --> 00:01:25,160 financial system and they're going to be trading with 27 00:01:25,160 --> 00:01:26,040 Bitcoin. What are we going to? 28 00:01:27,640 --> 00:01:30,600 OK. Bro, I mean, starting the week 29 00:01:30,600 --> 00:01:33,640 off strong, Opti, this is something that you and I have 30 00:01:33,640 --> 00:01:37,240 been speculating about, you know, for the last 6-7 months or 31 00:01:37,240 --> 00:01:39,400 so. We've got tremendous amount of 32 00:01:39,400 --> 00:01:41,520 indication. The most bullish one in my 33 00:01:41,520 --> 00:01:44,720 opinion was the Kingdom of Bhutan finding out that they had 34 00:01:44,720 --> 00:01:48,600 1/3 of their entire GDP in Bitcoin, of which they mined 35 00:01:48,600 --> 00:01:50,360 that. None of it, none of none of that 36 00:01:50,360 --> 00:01:53,040 Bitcoin did they acquire in a coercive manner. 37 00:01:53,040 --> 00:01:56,640 And now you have, you know, these giant countries bricks 38 00:01:56,840 --> 00:01:58,960 basically signaling that, hey, you know what, we're going to 39 00:01:58,960 --> 00:02:00,880 mine Bitcoin, we're going to adopt Bitcoin. 40 00:02:01,160 --> 00:02:04,120 Then you have someone from someone on legacy media 41 00:02:04,120 --> 00:02:07,160 basically saying, Hey, what's the what's the US doing here? 42 00:02:07,160 --> 00:02:08,680 Are they going to get caught off guard? 43 00:02:08,880 --> 00:02:11,920 I mean, this is what Kaiser was talking about when he was when 44 00:02:11,920 --> 00:02:14,280 he coined the term global hash war. 45 00:02:14,280 --> 00:02:18,080 I mean, I think it's happening in full time, like in right in 46 00:02:18,080 --> 00:02:20,280 front of our eyes. And what's really interesting to 47 00:02:20,280 --> 00:02:23,320 me too as well is you have the Kingdom of Bhutan, you have El 48 00:02:23,320 --> 00:02:27,360 Salvador, you have Paraguay, but also the news about Russia this 49 00:02:27,360 --> 00:02:32,440 year, specifically how Putin was unbanning Bitcoin in the country 50 00:02:32,680 --> 00:02:36,400 and basically legalizing Bitcoin mining, at least like on a 51 00:02:36,400 --> 00:02:39,800 bigger scale within the country. I mean, this is bitcoins 52 00:02:39,800 --> 00:02:41,480 incentives. I, I don't think any of these 53 00:02:41,480 --> 00:02:43,800 countries are, are just willingly saying, hey, you know 54 00:02:43,800 --> 00:02:46,480 what, we like freedom. Therefore, we're going to adopt 55 00:02:46,560 --> 00:02:48,440 something like Bitcoin. I think that's Bitcoins 56 00:02:48,440 --> 00:02:51,520 irresistible incentives doing their thing. 57 00:02:51,520 --> 00:02:55,160 Anyways, Opti, you were covering this like I believe Thursday or 58 00:02:55,160 --> 00:02:58,200 Wednesday of last week you started to cover this story in 59 00:02:58,200 --> 00:03:01,720 regards to the BRIC summit. I mean, more news coming out. 60 00:03:01,720 --> 00:03:04,360 Does this surprise you at all? No, not at all. 61 00:03:04,360 --> 00:03:07,440 I mean, well, it actually a little bit we, we did kind of 62 00:03:07,440 --> 00:03:12,080 mention that the some BRICS nations are mining Bitcoin. 63 00:03:12,080 --> 00:03:14,320 But I think it is very interesting that these are 64 00:03:14,320 --> 00:03:17,400 government funded mining operations, which is something 65 00:03:17,400 --> 00:03:20,360 that Kaiser's been saying for a long time that the global hash 66 00:03:20,360 --> 00:03:23,880 war is happening right now. And whoever doesn't adopt 67 00:03:23,880 --> 00:03:26,800 Bitcoin is going to be late to the party and of course start to 68 00:03:26,800 --> 00:03:29,320 wreck their citizens. And so considering all the 69 00:03:29,320 --> 00:03:32,960 things that we've seen come out of the US in regards to Bitcoin, 70 00:03:32,960 --> 00:03:35,400 you know, chokepoint 2.0, which we've been covering all year, 71 00:03:36,200 --> 00:03:40,280 it's not looking good for America on that front. 72 00:03:40,280 --> 00:03:45,120 We've you know, I know, I know in that as in America, we have 73 00:03:45,120 --> 00:03:49,000 this need to protect the dollar, protect our world reserve 74 00:03:49,000 --> 00:03:51,200 currency, world reserve currency status. 75 00:03:51,480 --> 00:03:55,320 And hence why we kind of are incentivized to panic a little 76 00:03:55,320 --> 00:03:58,520 bit and and ensure that Bitcoin doesn't become the global 77 00:03:58,520 --> 00:04:01,440 reserve currency. But as you're seeing now, we say 78 00:04:01,440 --> 00:04:04,480 it all the time, like if you fight Bitcoin, you're not only 79 00:04:04,480 --> 00:04:06,920 going to hurt yourself, but you're, you know, you're going 80 00:04:06,920 --> 00:04:09,480 to start losing the race. And if you want to maintain your 81 00:04:09,480 --> 00:04:12,720 position in the world or even for smaller countries, you want 82 00:04:12,720 --> 00:04:17,279 to hopscotch your what's a frog leap, your place in the world, 83 00:04:17,279 --> 00:04:20,959 then you have to adopt Bitcoin. And yeah, we covered the initial 84 00:04:20,959 --> 00:04:24,440 kind of opening of the BRICS statement, which was Putin 85 00:04:24,440 --> 00:04:26,920 basically talking about the dollar being weaponized. 86 00:04:27,160 --> 00:04:29,960 And now we're getting more signal that all of the BRICS 87 00:04:29,960 --> 00:04:32,720 nations, now that, you know, maybe it's not a public 88 00:04:32,720 --> 00:04:36,080 announcement, but you know that privately they're all starting 89 00:04:36,080 --> 00:04:39,480 to look at Bitcoin as a legitimate vehicle to store your 90 00:04:39,480 --> 00:04:42,640 value, a legitimate vehicle for international trade settlement. 91 00:04:43,080 --> 00:04:46,800 And I mean, we even the bricks nations, like, you know, there 92 00:04:46,800 --> 00:04:49,320 was rumors when we covered this news that they were going to do 93 00:04:49,320 --> 00:04:51,680 their own, their own like currency, basically create like 94 00:04:51,680 --> 00:04:55,400 a new euro for the bricks. And now they're doing some like, 95 00:04:55,400 --> 00:04:59,880 you know, a batch of currency, you know, that they're going to 96 00:04:59,880 --> 00:05:01,960 use. So you can still tell that the 97 00:05:01,960 --> 00:05:05,960 dinosaurs out there aren't fully embracing digital currencies or, 98 00:05:06,040 --> 00:05:10,040 you know, Bitcoin and the like. But the fact that we are getting 99 00:05:10,040 --> 00:05:12,840 to the point now and the Jack Mueller said this in Bitcoin 100 00:05:12,840 --> 00:05:16,360 Amsterdam, that once we get a country that turns on the money 101 00:05:16,360 --> 00:05:20,840 printer to start to buy Bitcoin, like it's, it's really game over 102 00:05:20,840 --> 00:05:22,840 for every other country behind them. 103 00:05:22,840 --> 00:05:25,320 And now that we're seeing, you know, the BRICS nations, their 104 00:05:25,320 --> 00:05:28,800 governments are actively trying to pivot themselves into the 105 00:05:28,800 --> 00:05:32,360 mining space. Bitcoin mining is it's becoming, 106 00:05:32,360 --> 00:05:34,920 you know, not only is it the only free market left in the 107 00:05:34,920 --> 00:05:39,080 world, but it's becoming a super competitive industry. 108 00:05:39,360 --> 00:05:42,560 And now that nation states are getting into it, man, I don't 109 00:05:42,560 --> 00:05:43,640 know. I'm, I'm getting a little 110 00:05:43,640 --> 00:05:48,120 worried for all the small solo miners out there because we 111 00:05:48,120 --> 00:05:51,000 don't have the resources to compete with a money printer 112 00:05:51,000 --> 00:05:53,920 behind, you know, Bitcoin mining infrastructure. 113 00:05:54,080 --> 00:05:56,280 But it's something we have been saying on the show for a long 114 00:05:56,280 --> 00:06:00,840 time that once nation States and or the energy producers start to 115 00:06:00,840 --> 00:06:04,960 realize the incentives of Bitcoin mining, they're going to 116 00:06:04,960 --> 00:06:07,160 start to morph and they're going to become one. 117 00:06:07,400 --> 00:06:12,200 And if you don't have a nation state Bitcoin mining operation 118 00:06:13,040 --> 00:06:14,560 that you're just leaving money on the table. 119 00:06:14,560 --> 00:06:18,120 So it is very interesting that the BRICS nations are, are 120 00:06:18,120 --> 00:06:21,600 taking Bitcoin mining and Bitcoin seriously, yet we don't 121 00:06:21,600 --> 00:06:24,000 have an official, you know, announcement that they're like 122 00:06:24,000 --> 00:06:27,680 fully adopting Bitcoin. But it's definitely becoming 123 00:06:27,680 --> 00:06:30,120 that global hash war playing out in real time. 124 00:06:30,120 --> 00:06:33,120 And what a what a crazy start to the week where it's like, this 125 00:06:33,120 --> 00:06:36,520 is official. Three of the new 6 BRICS nations 126 00:06:36,760 --> 00:06:40,200 are actively with government backing mining Bitcoin. 127 00:06:40,960 --> 00:06:43,400 This is this is a huge development as far as I'm 128 00:06:43,400 --> 00:06:45,520 concerned. And I'm, I'm sure we're going to 129 00:06:45,520 --> 00:06:48,600 see some more big names pop out by either the end of this year 130 00:06:48,600 --> 00:06:52,320 or the beginning of next year of who's fully diving into Bitcoin. 131 00:06:52,720 --> 00:06:54,880 Yeah, absolutely. And then of course, you know, 132 00:06:54,880 --> 00:06:58,160 there there's a big year for for Bitcoin and Bitcoin, the Bitcoin 133 00:06:58,160 --> 00:07:00,840 regulatory environment, right? You have the US election coming 134 00:07:00,840 --> 00:07:04,760 up in less than a week or so and of course depending on who gets 135 00:07:04,760 --> 00:07:08,400 into office, you either going to have a pro Bitcoin candidate in 136 00:07:08,400 --> 00:07:11,280 the White House or a less pro Bitcoin candidate in the way 137 00:07:11,280 --> 00:07:14,880 that she she did walk back a lot of her policy in the last couple 138 00:07:14,880 --> 00:07:18,160 weeks or so as we come closer to Election Day. 139 00:07:18,160 --> 00:07:22,040 Also in that same legacy media interview as well, a price 140 00:07:22,040 --> 00:07:25,960 prediction was dropped $3,000,000 Bitcoin by 2050, 141 00:07:26,080 --> 00:07:29,000 which sounds a little bit bearish in my opinion, but 142 00:07:29,000 --> 00:07:30,280 anyways, let's check it out. Here we go. 143 00:07:32,200 --> 00:07:36,200 That assumes that by 2050, this is very long term that Bitcoin 144 00:07:36,200 --> 00:07:40,960 becomes a reserve asset that's used in global trade and held by 145 00:07:40,960 --> 00:07:44,200 global central banks at a very modest 2% weight. 146 00:07:44,440 --> 00:07:48,240 And in that model we arrive at a $3,000,000 price target for 147 00:07:48,240 --> 00:07:50,080 Bitcoin. Now that sounds, you know, 148 00:07:50,080 --> 00:07:54,240 extreme, but that's a 16% compound annual growth rate for 149 00:07:54,240 --> 00:07:56,760 a couple decades. You know that that's not really 150 00:07:56,760 --> 00:07:59,440 that extreme. So into the millions over the 151 00:07:59,440 --> 00:08:01,200 medium term is high conviction call. 152 00:08:02,000 --> 00:08:05,400 So I mean, yeah, I like, you know, I, I would say it's a 153 00:08:05,400 --> 00:08:07,800 little bit bearish. I mean, if you do compare that 154 00:08:08,040 --> 00:08:13,640 to Michael Saylor's prediction, by the way, it's definitely on 155 00:08:13,680 --> 00:08:19,120 the lower end of things, right. So Michael Saylor's base case 156 00:08:19,120 --> 00:08:23,080 prediction for 2050, I believe, sorry, yeah. 157 00:08:23,080 --> 00:08:28,960 For 2045 is about $13 million per per coin. 158 00:08:29,240 --> 00:08:31,360 So I mean, I don't know Opti, what do you think? 159 00:08:33,159 --> 00:08:37,400 3,000,000 by 2050 sounds bearish to me. 160 00:08:37,960 --> 00:08:40,880 I mean compare. I mean, compared to sailors, 161 00:08:40,880 --> 00:08:45,360 Sailors was definitely. Hey, what 2020 50 is what like 162 00:08:45,360 --> 00:08:48,520 25 years from now? Like you don't think Bitcoin's 163 00:08:48,520 --> 00:08:51,120 going to be higher than 3 million in 25 years? 164 00:08:51,120 --> 00:08:54,520 Like, come on man, I I it does sound good on paper, you know, 165 00:08:54,520 --> 00:08:56,680 like $3,000,000 Bitcoin prediction. 166 00:08:57,120 --> 00:08:58,920 But in 25 years? Like. 167 00:08:59,520 --> 00:09:02,240 I, I even think that, you know, I'm not a big power law guy 168 00:09:02,240 --> 00:09:06,360 here, but I think even based off that metric here, if it does 169 00:09:06,360 --> 00:09:10,440 hold, like I think it's 3 million in like, you know, 5 to 170 00:09:10,440 --> 00:09:13,640 10 years. So I don't know, 25 years, 3 171 00:09:13,640 --> 00:09:15,640 million sounds super bearish to me. 172 00:09:15,960 --> 00:09:20,560 But hey, a $3,000,000 Bitcoin, I guess it's not that bad. 173 00:09:20,560 --> 00:09:23,520 But I don't know, that sounds bearish to me as far as I'm 174 00:09:23,520 --> 00:09:28,840 concerned. 100 percent, 100% yeah, it's but let's see let's 175 00:09:28,840 --> 00:09:32,000 see. We will we'll stay we'll stay on 176 00:09:32,000 --> 00:09:36,320 top of it and let's see if simply I mean, bro, 2050 is a 177 00:09:36,320 --> 00:09:38,200 long time from now, but is a little bit bearish. 178 00:09:38,200 --> 00:09:40,760 I mean I like Sailor's prediction more 13 million by 179 00:09:40,760 --> 00:09:42,440 2045. I think that sounds better. 180 00:09:42,440 --> 00:09:46,000 But someone in the chat let's get let's get to 100K first 181 00:09:46,000 --> 00:09:47,120 boys. Yeah, I completely agree 182 00:09:47,680 --> 00:09:49,440 anyways. Wait, wait wait before you go. 183 00:09:49,440 --> 00:09:52,160 I literally told that to Nico this morning on my pro A 184 00:09:52,360 --> 00:09:56,640 $3,000,000 Bitcoin prediction. Like can we we break 70 K 1st 185 00:09:56,640 --> 00:09:59,160 and then we'll talk about $3,000,000 Bitcoin of? 186 00:09:59,320 --> 00:10:02,520 Course someone in the chat would say that anyways I do to give a 187 00:10:02,520 --> 00:10:04,840 shout out to our lead sponsor. Of course I'm talking about the 188 00:10:04,840 --> 00:10:07,400 best place to build your automatic self custody Bitcoin 189 00:10:07,400 --> 00:10:08,760 stack. Of course I'm talking about 190 00:10:08,760 --> 00:10:12,400 bitcoinwell.com. Bitcoinwell.com is like I said 191 00:10:12,520 --> 00:10:15,040 that automatic self custody. What does that mean That means 192 00:10:15,040 --> 00:10:17,680 when you buy Bitcoin on Bitcoin well, it goes straight to 193 00:10:17,680 --> 00:10:20,280 yourself custody Bitcoin wallet address doesn't even allow you 194 00:10:20,280 --> 00:10:24,120 to leave your Bitcoin on the exchange as a clear 1% spread. 195 00:10:24,280 --> 00:10:27,800 It's obviously Bitcoin only and it's completely non custodial, 196 00:10:27,840 --> 00:10:30,960 empowering sovereign ownership with free automatic self 197 00:10:30,960 --> 00:10:32,440 custody. To get started, head over to 198 00:10:32,440 --> 00:10:36,400 bitcoinwell.com today. Also check out Bitcoin Well 199 00:10:36,400 --> 00:10:37,920 infinite. I remember this is one of the 200 00:10:37,920 --> 00:10:40,800 things that you guys have been asking about specifically for 201 00:10:41,000 --> 00:10:43,960 large transactions. They just launched Bitcoin while 202 00:10:43,960 --> 00:10:46,960 infinite in the United States. So if you're looking for a white 203 00:10:46,960 --> 00:10:49,800 glove Bitcoin experience tailored to transactions of 204 00:10:49,800 --> 00:10:55,320 $50,000 or more, head over to bitcoinwell.com/OTC to get 205 00:10:55,320 --> 00:10:57,000 started. You could also send me an e-mail 206 00:10:57,000 --> 00:11:00,680 at nico@bitcoinwell.com if you're interested. 207 00:11:00,680 --> 00:11:04,000 So I'm going to be dropping more information about Bitcoin, well 208 00:11:04,000 --> 00:11:05,720 Infinite over the next couple of days. 209 00:11:05,720 --> 00:11:07,720 But again, this is one of the things that you guys have been 210 00:11:07,720 --> 00:11:11,080 asking for specifically for larger transactions. 211 00:11:11,080 --> 00:11:13,200 So if you're interested in that, again, head over to 212 00:11:13,200 --> 00:11:17,080 bitcoinwell.com/OTC to get started or send me an e-mail 213 00:11:17,080 --> 00:11:21,560 nico@bitcoinwell.com. Also, if you are buying a 214 00:11:21,560 --> 00:11:25,000 Bitcoin on Bitcoin Well, you earn Bitcoin Well points and you 215 00:11:25,000 --> 00:11:27,560 could redeem those points towards the Bitcoin Wishing Well 216 00:11:27,560 --> 00:11:28,880 contest. So we're going to do that. 217 00:11:28,880 --> 00:11:30,480 We're going to do it for you live right now. 218 00:11:31,240 --> 00:11:32,960 You're gonna toss a coin into the wishing well. 219 00:11:32,960 --> 00:11:34,120 Get your Lightning wallets ready. 220 00:11:34,120 --> 00:11:38,480 First person to scan the QR code has 1500 Satoshis. 221 00:11:38,680 --> 00:11:42,720 If you use promo code Simply BTC again, Simply BTC to sign up to 222 00:11:42,720 --> 00:11:46,720 bitcoinwell.com today you get 3 tosses into the Bitcoin wishing 223 00:11:46,720 --> 00:11:49,000 well absolutely free. All right, everybody, let's hit 224 00:11:49,000 --> 00:11:50,200 heads. Head to the numbers. 225 00:11:50,200 --> 00:11:51,880 Lots to talk about today. Let's check it out. 226 00:11:51,880 --> 00:12:01,280 Here we go. Everybody, I want to tell you 227 00:12:01,280 --> 00:12:03,440 guys about our sponsor stamp seed. 228 00:12:03,680 --> 00:12:06,440 Usually when you buy a hardware wallet, it comes with a piece of 229 00:12:06,440 --> 00:12:12,000 paper or you know, a piece of paper or yeah, it comes with a 230 00:12:12,000 --> 00:12:14,200 piece of paper. Don't write down your seed where 231 00:12:14,200 --> 00:12:16,760 it's on a piece of paper. Paper paper is prone to water 232 00:12:16,760 --> 00:12:19,720 damage, fire damage. Your dog could potentially eat 233 00:12:19,720 --> 00:12:21,040 it. You want to store your 234 00:12:21,040 --> 00:12:24,000 generational wealth properly, which is exactly why we 235 00:12:24,000 --> 00:12:27,560 recommend the Stamp Seed Titanium Seed Frayed Storage Kit 236 00:12:27,800 --> 00:12:30,600 comes with everything you need so that you can literally stamp 237 00:12:30,600 --> 00:12:33,120 your seed into a plate of titanium. 238 00:12:33,440 --> 00:12:35,880 It comes with the metal, it comes with the titanium plate, 239 00:12:36,040 --> 00:12:38,280 it comes with the hammer, it comes with the letter stamping 240 00:12:38,280 --> 00:12:40,320 tools. And you literally stamp each 241 00:12:40,320 --> 00:12:44,920 letter, proof of work, letter by letter into a plate of titanium, 242 00:12:44,920 --> 00:12:49,440 which is going to stand resist or yeah, survive the test of 243 00:12:49,440 --> 00:12:51,480 time. It is. 244 00:12:51,960 --> 00:12:55,160 They've put it in a pit of fire. They've put it in salt water. 245 00:12:55,160 --> 00:12:57,520 Your dog's probably not going to eat a plate of titanium. 246 00:12:57,760 --> 00:13:00,800 This is the correct way to store your generational wealth. 247 00:13:01,000 --> 00:13:04,840 Head over to stampc.com today and use promo code simply again. 248 00:13:04,840 --> 00:13:07,280 Promo code simply to get 15% off. 249 00:13:07,280 --> 00:13:12,080 At the time of recording, the Bitcoin price is $68,550 sats 250 00:13:12,080 --> 00:13:19,080 per dollar 1459 block height 867,789 Realize monetary 251 00:13:19,080 --> 00:13:24,120 inflation 1.26% market capitalization 1.36 trillion 252 00:13:24,320 --> 00:13:32,560 Bitcoin verse gold market cap 7.08% money supply 19,774,124 253 00:13:32,560 --> 00:13:38,120 BTC percentage issued 94.16%. In the grand scheme of things, 254 00:13:38,120 --> 00:13:41,720 Bitcoin is just getting started. Anyways, a topic that we've been 255 00:13:41,720 --> 00:13:46,160 covering for the last couple days or so is this idea of the 256 00:13:46,160 --> 00:13:49,280 great last couple months. It's actually a recurring theme 257 00:13:49,280 --> 00:13:52,720 on simply Bitcoin, which is this idea of what I call the great 258 00:13:52,720 --> 00:13:56,200 disintermediation. So what is first happening is 259 00:13:56,200 --> 00:13:58,360 the great disintermediation of information. 260 00:13:58,360 --> 00:14:03,400 I think we're like and heading to the end of that, in my 261 00:14:03,400 --> 00:14:06,320 opinion. And I think what's to come is 262 00:14:06,320 --> 00:14:08,000 the great disintermediation of money. 263 00:14:08,000 --> 00:14:11,360 So what do I mean by this? You have, you have the Internet 264 00:14:11,360 --> 00:14:14,400 has enabled mass scale peer-to-peer communication and 265 00:14:14,400 --> 00:14:16,960 mass scale peer-to-peer money, which is obviously Bitcoin. 266 00:14:17,240 --> 00:14:19,120 And that completely changes the conversation. 267 00:14:19,120 --> 00:14:22,280 Because in in the old world, specifically as it relates to 268 00:14:22,280 --> 00:14:24,640 information, we've seen this over the last six months or so, 269 00:14:25,200 --> 00:14:27,880 there was a, there was a handful of legacy media outlets. 270 00:14:28,040 --> 00:14:32,000 There was a handful of of there was a handful of legacy media 271 00:14:32,000 --> 00:14:35,400 outlets and they were able to essentially control the 272 00:14:35,400 --> 00:14:38,160 narrative. But what we saw specifically 273 00:14:38,160 --> 00:14:42,080 this weekend, we literally saw one of the most popular, you 274 00:14:42,080 --> 00:14:45,560 know, videos, one of the most popular interviews to hit the 275 00:14:45,560 --> 00:14:49,920 Internet, Joe Rogan interview presidential candidate Donald 276 00:14:49,920 --> 00:14:52,600 Trump. And it was a long form 277 00:14:52,600 --> 00:14:55,440 interview. It was three hours long, has 278 00:14:55,440 --> 00:15:00,120 currently 34 million views, which is absolutely gnarly. 279 00:15:02,200 --> 00:15:04,760 The thing went absolutely viral. And if you listen to that 280 00:15:04,760 --> 00:15:06,960 conversation, I mean, Joe Rogan says this himself. 281 00:15:07,240 --> 00:15:12,400 The, the, the, the format is so radically different than what 282 00:15:12,400 --> 00:15:15,200 we're used to getting from the legacy media, which I would say 283 00:15:15,200 --> 00:15:17,720 is a terrible format. It's like 20 minutes. 284 00:15:17,920 --> 00:15:20,040 They fill it with like gotchas, right? 285 00:15:20,040 --> 00:15:23,960 And like, the whole purpose of it is to like paint A-frame of 286 00:15:23,960 --> 00:15:26,520 the person in their interview. It's not like a conversation. 287 00:15:26,520 --> 00:15:29,640 It's not like a long form podcast that you see with like 288 00:15:29,640 --> 00:15:33,960 Joe Rogan and stuff and you're starting to see we're finally 289 00:15:33,960 --> 00:15:38,600 starting to cross the chasm where this type of content is 290 00:15:38,600 --> 00:15:43,440 actually getting more attention and getting more views than the 291 00:15:43,440 --> 00:15:46,680 legacy media. And I think that has that has 292 00:15:46,680 --> 00:15:48,760 very big implications. What are the very big 293 00:15:49,000 --> 00:15:51,760 implications? Well, now all of a sudden, the 294 00:15:51,760 --> 00:15:54,240 people that are going to have the most influence in society 295 00:15:54,240 --> 00:15:57,280 are going to be it's going to be independent media rather than 296 00:15:57,280 --> 00:15:59,160 legacy media. I mean, if you were to ask me, 297 00:15:59,160 --> 00:16:00,880 and I might be a little bit biased here, I would say that's 298 00:16:00,880 --> 00:16:03,520 a good thing. I think legacy media has abused 299 00:16:03,520 --> 00:16:07,360 that trust, especially if you've been watching them over the last 300 00:16:07,360 --> 00:16:09,240 five years. There's a lot of things that 301 00:16:09,240 --> 00:16:11,960 they got wrong. And if you reported otherwise, 302 00:16:11,960 --> 00:16:14,760 they would call you names, they would say it's disinformation, 303 00:16:14,760 --> 00:16:17,040 etcetera, etcetera. But here's Brian Armstrong. 304 00:16:17,040 --> 00:16:19,880 Brian Armstrong is the CEO of Coinbase. 305 00:16:19,880 --> 00:16:22,400 And he says, by the way, as usual, Bellagi's was early, but 306 00:16:22,400 --> 00:16:25,960 right on this, he was the first one I saw caught out this trend 307 00:16:25,960 --> 00:16:27,840 probably 7-8 years ago at this point. 308 00:16:28,320 --> 00:16:30,920 And Brian Armstrong said, this seems like the first election 309 00:16:30,920 --> 00:16:34,080 where new media has fully flipped traditional media, long 310 00:16:34,080 --> 00:16:37,600 form podcast X slash social prediction marks, etcetera, 311 00:16:37,840 --> 00:16:40,800 deciding this election also holding traditional media 312 00:16:40,800 --> 00:16:45,040 accountable happen gradually, then suddenly 100%. 313 00:16:45,040 --> 00:16:49,320 And I mean, this is like, again, one of the one of the main 314 00:16:49,320 --> 00:16:52,800 things that we've been covering on simply right, this idea of 315 00:16:52,800 --> 00:16:55,600 what I call the great disintermediation, right? 316 00:16:55,600 --> 00:16:58,480 And it's it's really exciting. Here's more takes on it. 317 00:16:58,800 --> 00:17:01,120 Here's David Sachs. David Sachs says, I agree that 318 00:17:01,120 --> 00:17:05,000 legacy media has lost most of its relevance, credibility and 319 00:17:05,000 --> 00:17:08,200 audience. That said, it seems it still 320 00:17:08,200 --> 00:17:10,599 seems to set the terms of the discourse. 321 00:17:10,839 --> 00:17:15,200 Most of the bait on X consists of legacy media asserts A, 322 00:17:15,440 --> 00:17:19,359 alternative media debunks A, legacy media doesn't doesn't 323 00:17:19,359 --> 00:17:23,839 acknowledge, debunk, moves on to asserting B, alternative media 324 00:17:23,839 --> 00:17:28,040 debunks B, and so on. Well known legacy media is over 325 00:17:28,119 --> 00:17:31,600 when it's ignored completely. Getting to that point should be 326 00:17:31,600 --> 00:17:33,760 the goal over the next four years. 327 00:17:34,200 --> 00:17:36,400 You know you guys always make fun of me when I bring up the 328 00:17:36,400 --> 00:17:39,760 term the Overton window that's been being brought up in recent 329 00:17:39,760 --> 00:17:43,080 discourse. Elon Musk tweeted on October 330 00:17:43,080 --> 00:17:46,240 28th he said. Ever wonder about the Overton 331 00:17:46,240 --> 00:17:48,920 window? And here is the guy that I 332 00:17:49,080 --> 00:17:51,600 apparently invented it. His name is John Overton. 333 00:17:52,000 --> 00:17:54,360 But essentially the Overton window, for anyone who hasn't 334 00:17:54,360 --> 00:17:56,400 been listening, is simply Bitcoin and me repeating this 335 00:17:56,400 --> 00:17:58,760 term over and over again. The Overton window is 336 00:17:58,760 --> 00:18:01,440 essentially the acceptable window of discourse. 337 00:18:01,760 --> 00:18:05,280 And our job as Bitcoiners is to continue moving that window 338 00:18:05,640 --> 00:18:08,120 towards the idea of what is money. 339 00:18:08,320 --> 00:18:10,840 Why should the state have a monopoly on money? 340 00:18:11,120 --> 00:18:14,640 And should the government have the ability to create money for 341 00:18:14,640 --> 00:18:16,440 free that everyone else has to work for? 342 00:18:17,000 --> 00:18:19,880 And as we move the Overton window closer and closer to 343 00:18:19,880 --> 00:18:23,080 that, closer and closer to those ideas, people will naturally 344 00:18:23,080 --> 00:18:28,040 start to question their local Fiat currency and start to seek 345 00:18:28,080 --> 00:18:30,880 the better alternative, which is obviously Bitcoin. 346 00:18:31,200 --> 00:18:35,120 All we have to do is continue to shift that where people 347 00:18:35,120 --> 00:18:38,560 questioning what is money, it doesn't seem very radical. 348 00:18:38,560 --> 00:18:42,360 It starts to seem acceptable as people start to question the 349 00:18:42,360 --> 00:18:46,520 very idea of inflation, right? Like, why should my money have 350 00:18:46,520 --> 00:18:49,520 to lose purchasing power in order to function? 351 00:18:49,720 --> 00:18:51,920 Here's election wizard, he says. Axios. 352 00:18:51,920 --> 00:18:54,800 Behind the curtain, The big media era is over. 353 00:18:54,920 --> 00:18:58,800 The mainstream media's dominance in narrative and reality shaping 354 00:18:58,920 --> 00:19:03,280 in president presidential elections shattered in 2024. 355 00:19:03,320 --> 00:19:07,400 Axios very, very good point and I'll leave it at this. 356 00:19:07,520 --> 00:19:11,400 There was a crazy I wouldn't. There was a there was a 357 00:19:11,920 --> 00:19:14,480 political rally that happened yesterday. 358 00:19:15,200 --> 00:19:19,800 There was Elon Musk, Vivek Ramaswamy, RFK Junior, I believe 359 00:19:19,800 --> 00:19:24,280 Donald Trump, and you had the chairman of of counter 360 00:19:24,280 --> 00:19:28,320 Fitzgerald introducing Elon Musk and dropping this idea that 361 00:19:28,320 --> 00:19:32,360 actually Joe Rogan asked Donald Trump about on his podcast, this 362 00:19:32,360 --> 00:19:35,840 idea of getting rid of the federal income tax. 363 00:19:35,960 --> 00:19:38,920 Now, what's really interesting about this too, is when Elon 364 00:19:38,920 --> 00:19:42,720 took the stage, he said, look, inflation is a tax. 365 00:19:42,960 --> 00:19:45,480 I mean, where have you heard? It's it's like, how long have we 366 00:19:45,480 --> 00:19:48,320 been saying that Opti And again, this, this is the concept of the 367 00:19:48,320 --> 00:19:50,240 Overton window. You guys have been listening to 368 00:19:50,240 --> 00:19:53,440 this idea for a very long time. But no, coiners have not been 369 00:19:53,440 --> 00:19:56,400 listening to this. People that have not been tuning 370 00:19:56,400 --> 00:19:58,200 into simply Bitcoin have not been listening to this. 371 00:19:58,480 --> 00:20:01,480 But again, it, it's, it's not a crazy concept. 372 00:20:01,680 --> 00:20:04,320 It's just, it's, it's a little bit outside of the Overton 373 00:20:04,320 --> 00:20:06,720 window. But when Elon Musk's drops the 374 00:20:06,720 --> 00:20:09,880 concept of inflation is theft, right? 375 00:20:09,880 --> 00:20:12,800 Which he's saying that inflate to put he he quotes it as 376 00:20:12,840 --> 00:20:17,080 inflation is taxation that is moving the Overton window that 377 00:20:17,080 --> 00:20:19,400 is getting people to ask what inflation is. 378 00:20:19,840 --> 00:20:22,200 That is getting people to ask, wait a second. 379 00:20:22,400 --> 00:20:25,960 So all the thing the when they print money, it's not free. 380 00:20:26,360 --> 00:20:29,040 So when they off, when the government or politician offers 381 00:20:29,040 --> 00:20:33,400 me free things, it's not free. No, it's a form of taxation. 382 00:20:33,720 --> 00:20:37,560 And they dropped, I would say the equivalent of a nuclear bomb 383 00:20:37,560 --> 00:20:41,080 equivalent in the media landscape where they're dropping 384 00:20:41,080 --> 00:20:45,160 this idea of getting rid of the federal income tax altogether, 385 00:20:45,600 --> 00:20:48,480 which again, doesn't sound too radical if you're a Bitcoiner 386 00:20:48,480 --> 00:20:51,080 and you understand the history of all of it and you've gone 387 00:20:51,080 --> 00:20:54,120 down the rabbit hole. But if you're a normie, right, 388 00:20:54,120 --> 00:20:56,960 you, you hear that you're like, the country's going to go broke. 389 00:20:57,160 --> 00:21:00,680 But again, because the concept is so outside of the Overton 390 00:21:00,680 --> 00:21:02,880 window, that is the natural response to it. 391 00:21:03,160 --> 00:21:07,280 But if you look into the details of when the federal income tax 392 00:21:07,280 --> 00:21:10,080 was introduced, which is 1913, which coincidentally was the 393 00:21:10,080 --> 00:21:13,360 same year that the federal, the Federal Reserve was established, 394 00:21:13,360 --> 00:21:16,880 1913. And then what was the outcome of 395 00:21:16,880 --> 00:21:19,360 the federal income tax being established? 396 00:21:19,360 --> 00:21:22,920 And again, how much money does the federal government spend on 397 00:21:22,920 --> 00:21:26,480 a yearly basis versus how much they collect in tax revenue? 398 00:21:26,800 --> 00:21:28,600 And then you come to the conclusion, wait a second, they 399 00:21:28,600 --> 00:21:30,560 spend more money than they collect in tax revenue. 400 00:21:30,560 --> 00:21:33,560 So they're taxing my income and then they're taxing my money 401 00:21:33,560 --> 00:21:36,000 through inflation. Like maybe the government 402 00:21:36,000 --> 00:21:38,080 doesn't have a tax revenue problem. 403 00:21:38,320 --> 00:21:41,840 Maybe the government has a, a, a spending problem. 404 00:21:42,080 --> 00:21:46,360 And again, it's really important that mainstream figures, we've 405 00:21:46,360 --> 00:21:49,480 been talking about this for a long time now are bringing these 406 00:21:49,480 --> 00:21:52,280 ideas up to the mainstream consciousness. 407 00:21:52,600 --> 00:21:55,520 Because now all of a sudden you move that over to when it in 408 00:21:55,520 --> 00:21:58,440 fact, you don't move it, you shatter it, right? 409 00:21:59,200 --> 00:22:00,800 And then people start to ask questions. 410 00:22:00,800 --> 00:22:04,400 And I'll tell you what, ladies and gentlemen, this rabbit hole, 411 00:22:04,960 --> 00:22:09,480 once you start going down, it ends with one thing and one 412 00:22:09,480 --> 00:22:12,840 thing only ending the Federal Reserve. 413 00:22:13,000 --> 00:22:16,080 That's how it ends. So once you start going down 414 00:22:16,080 --> 00:22:22,160 this path, you inevitably reach to what the root problem, the 415 00:22:22,160 --> 00:22:26,560 root cause of all this evil is, which is the central bank, the 416 00:22:26,560 --> 00:22:29,840 Federal Reserve, right? So I'm really glad that it's 417 00:22:29,840 --> 00:22:34,040 moving in this direction and I and I hope it ends where we want 418 00:22:34,040 --> 00:22:35,680 it to end, which is ending the Fed. 419 00:22:35,680 --> 00:22:38,920 And, and a lot of the the questions is like, OK, so let's 420 00:22:38,920 --> 00:22:40,920 say you end the Fed. What do you replace it with? 421 00:22:40,960 --> 00:22:43,800 I remember Thomas Sowell getting asked this question and the way 422 00:22:43,800 --> 00:22:45,880 he answered it was like super, super clever. 423 00:22:45,880 --> 00:22:49,880 And he's basically like, so when you cut out a cancer, what do 424 00:22:49,880 --> 00:22:51,680 you replace it? Like it's a stupid, it's a 425 00:22:51,680 --> 00:22:54,080 stupid question. Like you don't replace it with 426 00:22:54,080 --> 00:22:56,320 anything. Anyways, here again is Howard 427 00:22:56,320 --> 00:23:01,200 Shrupnik the the chairman, CEO Lupnik Shrupnik. 428 00:23:01,320 --> 00:23:05,120 Forgive me. Here's Howard Lupnik, the CEO 429 00:23:05,120 --> 00:23:06,680 and chairman of of Counter Fitzgerald. 430 00:23:06,680 --> 00:23:17,070 Let's see what he has to say. We all say make America great 431 00:23:17,070 --> 00:23:21,510 again, but let's just go over for a minute what that means, 432 00:23:21,710 --> 00:23:24,030 because we all say it as a slogan. 433 00:23:24,710 --> 00:23:30,470 When was America great? At the turn of the century our 434 00:23:30,470 --> 00:23:36,320 economy was rocking. This is 99125 years ago. 435 00:23:37,080 --> 00:23:49,320 We had no income tax and all we had was tariffs. 436 00:23:50,280 --> 00:23:58,400 All we had was tariffs, and we had so much money that we had 437 00:23:58,600 --> 00:24:02,280 the greatest businessmen of America get together to try to 438 00:24:02,280 --> 00:24:07,160 figure out how to spend it. That's who we were then. 439 00:24:08,040 --> 00:24:13,120 But then we had World War One and we had World War 2, and we 440 00:24:13,120 --> 00:24:18,080 felt we had a duty to rebuild the rest of the world. 441 00:24:18,640 --> 00:24:23,360 So here's what we did. We took down our protection. 442 00:24:23,800 --> 00:24:30,760 We took down our tariffs and we turned instead, and we taxed 443 00:24:31,000 --> 00:24:36,880 Americans so that we could export the power of our economy 444 00:24:37,160 --> 00:24:42,000 and save the rest of the world, which we did. 445 00:24:42,640 --> 00:24:44,800 Now let me now, let me ask you a question. 446 00:24:45,960 --> 00:24:49,560 What decade should that have ended? 447 00:24:50,200 --> 00:24:52,680 Should it have ended in the 80's? 448 00:24:53,280 --> 00:24:58,720 The 90s, 2000? What in the world are we doing? 449 00:24:58,960 --> 00:25:04,640 We're letting the rest of the world eat our lunch, and it is 450 00:25:04,640 --> 00:25:10,320 time to make America great again. 451 00:25:15,800 --> 00:25:21,640 OK, so let's let again, This is why Elon is talking about the 452 00:25:21,640 --> 00:25:25,120 concept of the Overton window. This is why I'm talking about 453 00:25:25,120 --> 00:25:26,520 the concept of the Overton window. 454 00:25:26,920 --> 00:25:31,760 If you are not a simply Bitcoin viewer, regular viewer, if you 455 00:25:31,760 --> 00:25:35,360 are not a Bitcoiner in general and you hear the idea of ending 456 00:25:35,360 --> 00:25:40,080 the federal income tax that is so outside of what you think is 457 00:25:40,080 --> 00:25:42,760 acceptable, you're like, wait a second, who's going to pay for 458 00:25:42,760 --> 00:25:44,880 everything isn't going to bankrupt the federal. 459 00:25:44,880 --> 00:25:48,840 Again, I ask you to not react initially. 460 00:25:48,840 --> 00:25:51,880 I ask you to do a little bit of research, go down that rabbit 461 00:25:51,880 --> 00:25:55,200 hole and I, and I promise you, like you're not, you're not 462 00:25:55,200 --> 00:25:57,440 necessarily going to be happy with what you find. 463 00:25:57,800 --> 00:26:04,440 But yeah, I mean, you know, the, the, the, this idea that you 464 00:26:04,440 --> 00:26:07,920 work your butt off and let's say you're in the higher income tax 465 00:26:07,960 --> 00:26:10,240 bracket. If you're in some countries, 466 00:26:10,240 --> 00:26:15,120 you're paying 50% of that income to the government, 50% of it. 467 00:26:16,560 --> 00:26:18,840 Are you getting 50% of value back? 468 00:26:19,560 --> 00:26:21,840 That's my question for you guys, right? 469 00:26:22,160 --> 00:26:26,720 And again, it's not that you're paying income tax, but you're 470 00:26:26,720 --> 00:26:30,840 also paying currency tax, which is inflation. 471 00:26:31,480 --> 00:26:34,760 So add that on top of the income tax that you're paying. 472 00:26:36,200 --> 00:26:39,240 And again, like that leads you to a conclusion. 473 00:26:39,240 --> 00:26:42,120 It's like the like, you know, is this fair? 474 00:26:42,520 --> 00:26:45,600 Is this equitable? Is this, you know, is this 475 00:26:45,600 --> 00:26:48,680 working out? And one of the most insidious 476 00:26:48,680 --> 00:26:53,400 things about the inflation tax is that it disproportionately 477 00:26:53,400 --> 00:26:57,320 affects the lower and middle classes the most because the 478 00:26:57,320 --> 00:27:02,200 lower and middle classes are the ones who save and earn in Fiat. 479 00:27:03,120 --> 00:27:06,640 And if you save and earn in Fiat, the inflation tax is going 480 00:27:06,640 --> 00:27:10,520 to disproportionately affect you the most, right? 481 00:27:10,920 --> 00:27:15,800 So anyways, yeah, I wanted to touch on that. 482 00:27:15,800 --> 00:27:18,480 I think it's really interesting. I mean, Opti, I think we got 483 00:27:18,480 --> 00:27:20,440 this right. I mean, how long have we been 484 00:27:20,440 --> 00:27:22,120 talking about? How long have we been talking 485 00:27:22,120 --> 00:27:24,760 about the Overton window? How long have we been talking 486 00:27:24,760 --> 00:27:27,920 about the inefficiencies of government? 487 00:27:28,040 --> 00:27:30,720 How long have we been talking about the inflation tax? 488 00:27:31,400 --> 00:27:33,720 It's almost as if, I mean, we've been talking about this for 489 00:27:33,720 --> 00:27:37,480 quite a long time. I didn't anticipate this fucking 490 00:27:37,480 --> 00:27:40,920 window moving over so quickly, so rapidly. 491 00:27:40,920 --> 00:27:44,880 I still thought we had years of, of dialogue before getting to 492 00:27:44,880 --> 00:27:47,120 this point. But it she it seems like this 493 00:27:47,120 --> 00:27:51,960 year's election environment really, really move things 494 00:27:53,560 --> 00:27:58,000 forward a lot quicker in regards to Bitcoin, in regards to tax 495 00:27:58,000 --> 00:28:02,360 policy, in regards to money. And again, once these ideas are 496 00:28:02,360 --> 00:28:05,760 thrown out into the mainstream consciousness there, you can't 497 00:28:05,760 --> 00:28:07,680 put them back in the bottle right? 498 00:28:07,680 --> 00:28:10,840 They, they're, they're going to continue to grow from this, this 499 00:28:10,840 --> 00:28:13,240 point. The fact that a mainstream 500 00:28:13,240 --> 00:28:19,000 political candidate is talking about ending the income tax is 501 00:28:19,240 --> 00:28:21,360 radical. It's extreme. 502 00:28:21,640 --> 00:28:25,000 But again, what I have to say for you guys is why did they 503 00:28:25,000 --> 00:28:29,560 implement the income tax? Well, the whole idea was to pay 504 00:28:29,560 --> 00:28:33,120 for some wars to, to get some value back. 505 00:28:33,120 --> 00:28:36,680 But but what Howard Lepnick was basically saying is that like, 506 00:28:37,000 --> 00:28:39,960 look how wealthy we were in the beginning of the century. 507 00:28:39,960 --> 00:28:43,640 Like, what did we get for paying all of this money? 508 00:28:43,960 --> 00:28:45,720 Right? You can say the, you know, this, 509 00:28:45,760 --> 00:28:49,640 this giant bloated bureaucracy, like what did, what was the 510 00:28:49,640 --> 00:28:51,320 value? What was the value? 511 00:28:51,520 --> 00:28:54,600 What was the value added back? Like maybe in the beginning you 512 00:28:54,600 --> 00:28:57,320 could have pitched us the idea and we could have given you the, 513 00:28:57,920 --> 00:29:00,200 you know, the, the, the benefit of the doubt. 514 00:29:00,440 --> 00:29:05,520 But at this point you're just kind of like, like maybe, maybe 515 00:29:06,080 --> 00:29:08,440 radical idea, crazy idea, everyone. 516 00:29:08,680 --> 00:29:12,800 Maybe it's time to try something a little bit different and to 517 00:29:12,800 --> 00:29:15,600 see how it ends up. Anyways, guys, if you guys are 518 00:29:15,600 --> 00:29:19,400 enjoying the show show so far, make sure to smash that like 519 00:29:19,400 --> 00:29:22,640 button really, really helps with the algos and getting to push 520 00:29:22,640 --> 00:29:27,360 this message forward further, further, further moving that 521 00:29:27,360 --> 00:29:30,200 Overton window. Anyways, Opti, what's your take 522 00:29:30,200 --> 00:29:32,560 on all this? Yeah. 523 00:29:32,560 --> 00:29:36,680 Well, first of all, I think what we just heard is something I've 524 00:29:36,680 --> 00:29:38,640 kind of been saying on the show for a long time. 525 00:29:38,640 --> 00:29:41,120 It feels like the pendulum is swinging away from, you know, 526 00:29:41,120 --> 00:29:43,840 the left and going more towards the right or some might argue 527 00:29:43,840 --> 00:29:46,000 more towards like a base perspective. 528 00:29:46,240 --> 00:29:49,880 And I think people are just really tired of the the left 529 00:29:50,200 --> 00:29:53,240 progressive ideologies that's been basically forced on us. 530 00:29:53,240 --> 00:29:56,760 And I think this is just like a good encapsulation of what the 531 00:29:56,760 --> 00:29:59,440 zeitgeist is right now. And they wouldn't be saying 532 00:29:59,440 --> 00:30:02,120 these things if the majority, or at least the majority of their 533 00:30:02,120 --> 00:30:04,360 vote voting base didn't believe the same things. 534 00:30:04,600 --> 00:30:07,600 And so I do love that they are kind of floating these ideas. 535 00:30:07,600 --> 00:30:10,440 I actually do have the Trump clip for the culture, but I was 536 00:30:10,440 --> 00:30:12,640 going to kind of gloss it over. So maybe if we want to play it 537 00:30:12,640 --> 00:30:14,600 later in the show, we can hit on it. 538 00:30:14,880 --> 00:30:19,800 But I think there was a really, really big point that Howard 539 00:30:19,800 --> 00:30:22,600 Lutnick said in that speech, which is something we've 540 00:30:22,600 --> 00:30:24,960 obviously as bit corners talk about constantly. 541 00:30:25,280 --> 00:30:30,480 And it's the idea that all wars are banker bankers wars and the 542 00:30:30,480 --> 00:30:33,720 World War 2 military industrial complex. 543 00:30:33,720 --> 00:30:37,280 The military machine hasn't been turned off since World War 2. 544 00:30:37,520 --> 00:30:40,440 And This is why we are in the position that we are right now 545 00:30:40,440 --> 00:30:42,720 is because like Howard was saying that, you know, the 546 00:30:42,720 --> 00:30:47,440 income taxes how basically how we justify going into the war. 547 00:30:47,440 --> 00:30:50,360 And that's how supposedly we pay for all the wars going on in the 548 00:30:50,360 --> 00:30:52,520 world. But there was another point that 549 00:30:52,520 --> 00:30:56,680 I do want to hate on, which is what David Sacks said. 550 00:30:57,000 --> 00:30:59,680 And I think that's such an important, important message 551 00:30:59,680 --> 00:31:05,240 right now, though I would argue that, you know, us here and 552 00:31:05,400 --> 00:31:09,120 whatever you want to call them, you know, right leaning people 553 00:31:09,120 --> 00:31:11,920 on the Internet. I think one of the problems that 554 00:31:11,920 --> 00:31:15,680 US independent content creators do have right now is we are very 555 00:31:15,680 --> 00:31:19,760 reactionary towards the media. And like, like David Saxon 556 00:31:19,760 --> 00:31:22,120 saying, you know, the media says one thing and we spend all our 557 00:31:22,120 --> 00:31:24,920 time debunking it. And you know, what we try to do 558 00:31:24,920 --> 00:31:28,360 here constantly is yes, we do like our job is to debunk the 559 00:31:28,360 --> 00:31:30,480 corporate press. But I think a lot of the stuff 560 00:31:30,480 --> 00:31:34,160 that we need to do not only as simply Bitcoin, but independent 561 00:31:34,160 --> 00:31:37,120 content creators is, is go on the offensive a little more 562 00:31:37,120 --> 00:31:40,520 versus just being reactionary. Because that's how the left in 563 00:31:40,520 --> 00:31:41,920 the corporate press is really good. 564 00:31:41,920 --> 00:31:45,160 They just keep, you know, shooting missiles metaphorically 565 00:31:45,160 --> 00:31:48,840 and and just like attacking while we have to spend all the 566 00:31:48,840 --> 00:31:51,400 time debunking stuff, which reminds me of what's that mean? 567 00:31:51,400 --> 00:31:55,760 Where it's like it takes like twice as long or whatever, three 568 00:31:55,760 --> 00:31:59,920 times as long to dislike, disprove lies and all that 569 00:31:59,920 --> 00:32:01,120 stuff. And that's where we are right 570 00:32:01,120 --> 00:32:04,760 now. And so I think my mic is messing 571 00:32:04,760 --> 00:32:06,280 up. No, you're good. 572 00:32:06,280 --> 00:32:10,520 So it is an interesting trend that we find ourselves in 573 00:32:10,520 --> 00:32:13,120 because I do think like, I've been saying it for a while and 574 00:32:13,120 --> 00:32:15,680 it's really just been more of like a gut feeling and, and 575 00:32:15,680 --> 00:32:18,800 seeing what's going on that it seems like the pendulum is is 576 00:32:18,800 --> 00:32:22,040 swinging towards the other way. And we'll see what happens in 577 00:32:22,040 --> 00:32:25,520 this election because like, you know, there was another point 578 00:32:25,520 --> 00:32:28,600 there where I think it was David Sacks or maybe it no, it was 579 00:32:29,280 --> 00:32:32,040 Brian Armstrong who said, like, this is going to be the first 580 00:32:32,040 --> 00:32:36,000 election that the independent content creators are basically 581 00:32:36,000 --> 00:32:38,440 outperforming the the media class. 582 00:32:38,800 --> 00:32:42,760 And remember what we said, you know, 2016, when Trump did get 583 00:32:42,760 --> 00:32:46,920 elected, it was because the media, the corporate press 584 00:32:46,920 --> 00:32:51,000 wasn't ready for, for basically a band of Internet memers to 585 00:32:51,000 --> 00:32:54,440 continue to combat the truth. And now that this is kind of the 586 00:32:54,520 --> 00:32:57,160 that is quo, that independent content creators are just 587 00:32:57,160 --> 00:33:00,920 absolutely blowing the corporate press out of the water right 588 00:33:00,920 --> 00:33:04,400 now, I think it is going to move towards that direction. 589 00:33:04,600 --> 00:33:08,320 And we all know that only really, you know, like 60 plus 590 00:33:08,320 --> 00:33:10,720 are the ones watching the news and everyone else gets their 591 00:33:10,720 --> 00:33:13,520 news in real time from Twitter or even like TikTok. 592 00:33:13,840 --> 00:33:16,280 And so we are entering a new era right now. 593 00:33:16,280 --> 00:33:18,520 And it's just very interesting what's going on. 594 00:33:18,720 --> 00:33:21,720 And obviously stay vigilant and make sure that you're not 595 00:33:21,720 --> 00:33:24,880 trusting, but you are verifying. But it is crazy that this this 596 00:33:24,880 --> 00:33:26,840 stuff's even getting floated out right now. 597 00:33:27,120 --> 00:33:30,240 And it's almost like the Ron Paul meme, like it's happening, 598 00:33:30,240 --> 00:33:32,120 like it feels like it is happening right now. 599 00:33:32,440 --> 00:33:34,440 And man, it's just crazy. It's going to it's going to be 600 00:33:34,440 --> 00:33:37,360 very interesting what's happening next week. 100 601 00:33:37,360 --> 00:33:39,840 percent, 100%, man, it's all happening right now. 602 00:33:40,400 --> 00:33:42,120 We're in a we're in a really good spot man. 603 00:33:42,320 --> 00:33:45,400 It's just like can't believe all this is happening, but I think 604 00:33:45,400 --> 00:33:47,800 it's all bullish for Bitcoin. All right everybody, let's get 605 00:33:47,800 --> 00:33:49,160 to the news. We have lots to talk about. 606 00:33:49,160 --> 00:33:50,120 Let's check it out. Here we go. 607 00:33:52,120 --> 00:33:55,280 Special shout out to our sponsor Compass Mining. 608 00:33:55,680 --> 00:33:59,080 They make Bitcoin mining accessible to everyone from 609 00:33:59,080 --> 00:34:01,680 beginners to experienced investors. 610 00:34:01,960 --> 00:34:06,240 Their turnkey miners gets you online and hashing within 48 611 00:34:06,240 --> 00:34:09,960 hours, making it easier than ever to start your mining 612 00:34:09,960 --> 00:34:12,520 journey. Plus, with their active 613 00:34:12,520 --> 00:34:16,360 marketplace, you can resell your miner at any time, adding 614 00:34:16,360 --> 00:34:18,880 flexibility and value to your investment. 615 00:34:19,480 --> 00:34:23,280 Visit their website to access a wealth of resources, learning 616 00:34:23,320 --> 00:34:25,840 everything you need to know about Bitcoin mining. 617 00:34:26,000 --> 00:34:29,719 Take your first step into the world of Bitcoin mining with 618 00:34:29,719 --> 00:34:32,760 confidence. Discover more at Compass Mining 619 00:34:32,840 --> 00:34:36,400 dot IO. Again, Compass mining dot IO and 620 00:34:36,400 --> 00:34:39,880 see how Compass Mining can power your success. 621 00:34:47,870 --> 00:34:50,520 I want to give a shout out to our sponsor foundation. 622 00:34:50,600 --> 00:34:54,360 It's self custody done right. They built a premium grade 623 00:34:54,360 --> 00:34:58,000 hardware wallet called Passport right here in the US, and it 624 00:34:58,000 --> 00:35:01,560 integrates seamlessly with their free app called Envoy. 625 00:35:02,240 --> 00:35:05,000 Passport is fully open source and verifiable. 626 00:35:05,160 --> 00:35:08,400 It's the most intuitive Bitcoin wallet design with a UX 627 00:35:08,400 --> 00:35:11,880 reminiscent of a classic feature phone, so you'll know how to 628 00:35:11,880 --> 00:35:14,440 navigate it and use it the moment you pick it up. 629 00:35:14,640 --> 00:35:18,520 It's also air gaps, meaning Bitcoin stays offline, never 630 00:35:18,520 --> 00:35:21,440 touching an Internet connection. It's Bitcoin only. 631 00:35:21,560 --> 00:35:25,600 Open source, verifiable air gap security model, gorgeous design 632 00:35:25,600 --> 00:35:29,760 craft, premium grade materials. Get your Bitcoin off exchanges 633 00:35:29,920 --> 00:35:32,080 and into your own hands in just a few minutes. 634 00:35:32,240 --> 00:35:36,760 With passport at foundation dot XYZ slash simply get Peace of 635 00:35:36,760 --> 00:35:40,360 Mind for your piece of. Bitcoin, everybody. 636 00:35:40,400 --> 00:35:44,000 I do want to talk about this by the way guys, get yourself a 637 00:35:44,000 --> 00:35:48,160 passport by Foundation Devices, scan the QR code on your screen, 638 00:35:48,360 --> 00:35:51,400 take you directly to the Foundation Devices website where 639 00:35:51,400 --> 00:35:54,680 you could use promo code simply to get a a small discount. 640 00:35:54,800 --> 00:35:58,640 Not your keys, not your keys. Anyways, so I did want to cover 641 00:35:58,640 --> 00:36:03,480 this. Check this out specifically this 642 00:36:03,480 --> 00:36:08,600 person, Sitaya Nadella. He is the chairman and CEO of 643 00:36:08,600 --> 00:36:11,960 Microsoft and Microsoft essentially held a meeting. 644 00:36:11,960 --> 00:36:15,560 Opti talked about this last week, but they held a meeting in 645 00:36:15,560 --> 00:36:21,720 regards to I'll read this specifically and this comes. 646 00:36:21,880 --> 00:36:24,680 I believe that they sent this to their investors and whatnot and 647 00:36:24,680 --> 00:36:26,600 shareholders. MicroStrategy, which like 648 00:36:26,600 --> 00:36:30,080 Microsoft is a technology company, but unlike Microsoft 649 00:36:30,800 --> 00:36:34,160 holds Bitcoin on its balance sheet, has had its stock 650 00:36:34,160 --> 00:36:40,400 outperform Microsoft stock this year by 313% despite doing only 651 00:36:40,400 --> 00:36:43,680 a fraction of the business that Microsoft has and they're not 652 00:36:43,680 --> 00:36:46,000 alone. The institutional and corporate 653 00:36:46,000 --> 00:36:48,720 adoption of Bitcoin is becoming more commonplace. 654 00:36:48,880 --> 00:36:52,720 Microsoft's second largest shareholder, BlackRock offers 655 00:36:52,720 --> 00:36:59,120 it's clients a Bitcoin ETF. So very, very interesting. 656 00:37:00,240 --> 00:37:03,320 And again, this is something that we've also called on. 657 00:37:03,320 --> 00:37:10,120 Simply, we've been saying that, we've been saying that market 658 00:37:10,120 --> 00:37:12,480 forces are going to do what market forces do best. 659 00:37:13,120 --> 00:37:18,920 And essentially, if you don't get on the Bitcoin train, you 660 00:37:18,920 --> 00:37:24,000 risk getting left behind. And I think this is an example 661 00:37:24,000 --> 00:37:28,600 of a company saying, wait a second, like we're doing well. 662 00:37:28,760 --> 00:37:32,400 You know, we're doing well as a company closing deals, right? 663 00:37:32,400 --> 00:37:36,200 We have a lot of profit. Why is Micro Strategy, which is 664 00:37:36,200 --> 00:37:39,720 supposedly a much smaller company, outperforming our stock 665 00:37:40,240 --> 00:37:42,040 and then they come to the inevitable conclusion? 666 00:37:42,120 --> 00:37:44,960 The reason that MicroStrategy is outperforming everyone is 667 00:37:44,960 --> 00:37:48,560 because they have the cheat code and the cheat code is Bitcoin, 668 00:37:48,840 --> 00:37:50,920 right? So I would say that it's 669 00:37:50,920 --> 00:37:53,040 inevitable. And Michael Saylor has been 670 00:37:53,800 --> 00:37:57,760 beating the battle drum over the last couple of weeks like 671 00:37:57,760 --> 00:38:02,120 posting and tagging CE OS and like basically like poking them 672 00:38:02,400 --> 00:38:04,800 and basically saying like, look, the reason I'm outperforming 673 00:38:04,800 --> 00:38:07,320 everyone is because I'm on a Bitcoin strategy. 674 00:38:07,560 --> 00:38:10,080 And if they get on the Bitcoin train, all of a sudden their 675 00:38:10,080 --> 00:38:13,080 incentives align with ours, their start, their stock starts 676 00:38:13,360 --> 00:38:16,240 to outperform everyone else. And the reason is because 677 00:38:16,240 --> 00:38:19,080 they're on a Bitcoin standard and it just becomes this like 678 00:38:19,080 --> 00:38:22,440 self fulfilling prophecy that just you know, it just, it's, 679 00:38:22,440 --> 00:38:26,240 it's again aligned incentives. So anyways, I thought that was 680 00:38:26,280 --> 00:38:28,520 really fascinating. I didn't get a chance to talk 681 00:38:28,520 --> 00:38:29,560 about it 'cause I was travelling. 682 00:38:29,560 --> 00:38:32,040 I was at the Plan B forum in Lugano, Switzerland. 683 00:38:32,720 --> 00:38:35,960 Absolutely great conference. But I didn't get to talk about 684 00:38:35,960 --> 00:38:37,480 it. But I thought, I thought that 685 00:38:37,480 --> 00:38:39,760 was the news. Like that is signal. 686 00:38:39,760 --> 00:38:43,400 Like, I wonder what the, the ending vote is gonna be. 687 00:38:43,520 --> 00:38:46,880 And even if it's negative, even if they don't vote to acquiring 688 00:38:46,880 --> 00:38:50,520 Bitcoin, MicroStrategy is still going to outperform everyone. 689 00:38:50,880 --> 00:38:55,440 So if you have Tesla and MicroStrategy, they both have 690 00:38:55,440 --> 00:38:58,440 Bitcoin. All those other tech companies 691 00:38:58,480 --> 00:39:02,200 are at a competitive disadvantage to MicroStrategy 692 00:39:02,200 --> 00:39:04,280 and Tesla. Obviously, MicroStrategy has 693 00:39:04,280 --> 00:39:10,600 acquired so much Bitcoin that like essentially like that stock 694 00:39:10,600 --> 00:39:13,440 is just gonna follow the price of Bitcoin like ultimately. 695 00:39:14,000 --> 00:39:16,040 But anyways, Opti, what's your thoughts on this? 696 00:39:16,040 --> 00:39:18,120 You initially covered this last week when the news dropped. 697 00:39:18,600 --> 00:39:21,080 Yeah. I mean, obviously it kind of 698 00:39:21,080 --> 00:39:25,520 just sort of repeating myself. We've been saying that by the 699 00:39:25,520 --> 00:39:27,800 end of this year, we're going to see some of the biggest names 700 00:39:27,960 --> 00:39:32,840 start to at least take the Bitcoin thesis seriously. 701 00:39:33,200 --> 00:39:36,880 And now we have it, you know, Microsoft is basically, I think 702 00:39:37,520 --> 00:39:40,520 it is actually it's the second largest company in the world. 703 00:39:40,800 --> 00:39:43,560 And the fact that they're having a shareholder meeting to vote to 704 00:39:43,560 --> 00:39:46,640 add Bitcoin to their balance sheet or add it as an 705 00:39:46,640 --> 00:39:52,280 investment, I think is a huge point in the Bitcoin story. 706 00:39:52,960 --> 00:39:54,600 We'll see what actually happens with this. 707 00:39:54,600 --> 00:39:58,720 But the real signal here is that it's probably not just Microsoft 708 00:39:58,720 --> 00:40:01,440 that are thinking about this. Yes, they haven't taken it to a 709 00:40:01,440 --> 00:40:04,520 shareholder meeting yet, but I'm sure that the, you know, the 710 00:40:04,520 --> 00:40:07,600 heads up high at Apple are also talking about this. 711 00:40:07,600 --> 00:40:10,080 We all know Tesla has Bitcoin on their balance sheet. 712 00:40:10,080 --> 00:40:11,800 They're the 12th largest company in the world. 713 00:40:12,160 --> 00:40:15,200 So every company, the biggest companies in the world have to 714 00:40:15,200 --> 00:40:18,680 take Bitcoin seriously. We'll see how this plays out. 715 00:40:19,080 --> 00:40:21,880 You know, being a little more cynical, I guess you could kind 716 00:40:21,880 --> 00:40:24,080 of say like. Microsoft isn't really like a 717 00:40:24,080 --> 00:40:27,520 Bitcoin company, I don't think. I don't think any Bitcoiner even 718 00:40:27,520 --> 00:40:31,160 uses Microsoft. And maybe maybe we don't want 719 00:40:31,160 --> 00:40:33,520 Microsoft to add Bitcoin to their balance sheet. 720 00:40:34,000 --> 00:40:37,480 But hey, it just goes to show that the signal's spreading and 721 00:40:37,480 --> 00:40:41,280 Bitcoin as an asset, or rather as a currency as we like to see 722 00:40:41,280 --> 00:40:44,320 it say it. It's becoming a a very serious 723 00:40:44,320 --> 00:40:46,760 topic and people have to look into Bitcoin. 724 00:40:46,760 --> 00:40:48,520 They have to at least take it seriously. 725 00:40:48,800 --> 00:40:53,160 If you are laughing at Bitcoin at this point, you know, it's 726 00:40:53,160 --> 00:40:54,920 just a classic like have fun staying poor. 727 00:40:54,920 --> 00:40:58,000 I mean, like, if if the biggest names in the world aren't 728 00:40:58,000 --> 00:41:01,440 getting you at least a little bit curious as to what this 729 00:41:01,440 --> 00:41:04,840 Bitcoin is and you're not doing even like a, you know, couple 730 00:41:04,840 --> 00:41:07,800 hour research into reading Bitcoin, reading into what 731 00:41:07,800 --> 00:41:11,440 Bitcoin is, its value proposition, then, you know, you 732 00:41:11,440 --> 00:41:13,560 you really are a dinosaur and you're not keeping up with the 733 00:41:13,560 --> 00:41:15,440 times. And I think this is just further 734 00:41:15,440 --> 00:41:18,080 confirmation to everything we've been saying that now everyone 735 00:41:18,080 --> 00:41:22,400 has to take Bitcoin seriously. And we'll see what this vote or 736 00:41:22,400 --> 00:41:25,240 we'll see what happened with this vote and whether they added 737 00:41:25,240 --> 00:41:27,240 or not. I think it's besides the point, 738 00:41:27,240 --> 00:41:29,720 but it just goes to show these conversations are happening. 739 00:41:29,720 --> 00:41:33,520 And you have to you have to at least seriously judge whether 740 00:41:33,520 --> 00:41:35,320 you need to add Bitcoin to your balance sheet. 741 00:41:35,320 --> 00:41:38,680 Yes, you could argue that like, oh, I'm already diversifying My 742 00:41:38,680 --> 00:41:40,880 Portfolio well enough or I don't need Bitcoin. 743 00:41:40,880 --> 00:41:43,640 Sure, you you can you know, I'll give you the benefit of the 744 00:41:43,640 --> 00:41:46,320 doubt and and say that yeah, maybe you're correct, but I 745 00:41:46,320 --> 00:41:49,560 don't know. I think, you know, Bitcoin is 746 00:41:49,560 --> 00:41:52,680 the fastest race in the horse and if you really want to 747 00:41:52,680 --> 00:41:55,520 outperform the markets, then why would you ignore Bitcoin? 748 00:41:55,520 --> 00:41:57,160 It's blowing everything out of the water. 749 00:41:57,400 --> 00:42:00,040 I think next year it's going to blow everything out of the water 750 00:42:00,360 --> 00:42:04,480 and you know, whatever, like, I guess we just frant ran Wall 751 00:42:04,480 --> 00:42:07,160 Street and it is what it. Is absolutely all right, 752 00:42:07,160 --> 00:42:09,040 everybody, Let's get to the culture. 753 00:42:09,040 --> 00:42:10,840 We have a lot to talk about. Let's check it out. 754 00:42:10,840 --> 00:42:25,160 Here we go. Hi everybody, I do want to tell 755 00:42:25,160 --> 00:42:27,240 you about the orange pull up. The orange pull up is the 756 00:42:27,240 --> 00:42:30,440 Bitcoin social layer. Stack friends who stacks ATS 757 00:42:30,440 --> 00:42:35,480 join the 12,233 bit corners that are currently on the app. 758 00:42:35,800 --> 00:42:38,320 The orange pull up is a great resource. 759 00:42:38,320 --> 00:42:40,760 If you're traveling, you're on the go, perhaps you're going to 760 00:42:40,800 --> 00:42:43,120 a conference and you don't know any bit corners around you. 761 00:42:43,120 --> 00:42:46,320 The orange pull up is for you. It has a really clever 762 00:42:46,320 --> 00:42:48,760 geographical feature that it will show you the bit corners 763 00:42:48,760 --> 00:42:52,080 that are near you and it'll it'll give you the capability to 764 00:42:52,080 --> 00:42:55,400 send them a message and connect with them directly. 765 00:42:55,640 --> 00:42:57,520 It's also one of the best ways to reach me. 766 00:42:57,520 --> 00:43:00,360 If you have a question for me, don't send me a message on 767 00:43:00,360 --> 00:43:01,840 Twitter. Don't e-mail me. 768 00:43:01,840 --> 00:43:03,520 Send me a message on the orange pull up. 769 00:43:03,520 --> 00:43:07,240 And every week or two, I make sure to get back to every single 770 00:43:07,240 --> 00:43:09,240 one of you guys. Download the orange pull up 771 00:43:09,240 --> 00:43:12,960 today to get started, scan the QR code or check the link in the 772 00:43:12,960 --> 00:43:15,120 video description. All right, obviously you have a 773 00:43:15,160 --> 00:43:17,160 video pulled up. What are you going to talk about 774 00:43:17,160 --> 00:43:18,680 today? Yeah. 775 00:43:18,720 --> 00:43:20,240 Wait, wait, wait, wait. Hold on, hold on. 776 00:43:20,680 --> 00:43:22,800 Did I say fastest race in the horse again? 777 00:43:22,800 --> 00:43:24,320 I I was getting trolled in the chest. 778 00:43:25,880 --> 00:43:28,240 OK, fastest horse in the race. All right, my bad. 779 00:43:28,240 --> 00:43:31,640 I I keep messing that one up. Yeah, I guess maybe I said that 780 00:43:31,640 --> 00:43:33,440 again. I I I saw that I said that last 781 00:43:33,440 --> 00:43:36,440 anyway. Anyways, anyways, Nico, you 782 00:43:36,440 --> 00:43:39,280 brought this up. We we can play this after if we 783 00:43:39,280 --> 00:43:42,960 if we got time, But this isn't the clip that I wanted to hit on 784 00:43:43,120 --> 00:43:46,160 considering this is the culture and I think we had two big 785 00:43:46,160 --> 00:43:49,920 cultural moments yesterday. Obviously Trump win on Joe Rogan 786 00:43:50,080 --> 00:43:54,680 has now 37 million views in what like 3 days or something, which 787 00:43:54,680 --> 00:43:58,520 I think is like the fourth or fifth biggest episode on Joe 788 00:43:58,520 --> 00:44:00,320 Rogan. And all the other episodes have 789 00:44:00,320 --> 00:44:01,840 been out for like 4 to five years. 790 00:44:02,040 --> 00:44:05,520 So again, it goes to show that these type of topics, whether 791 00:44:05,520 --> 00:44:08,880 you love or hate Trump, the fact that he can go on Joe Rogan and 792 00:44:08,880 --> 00:44:11,560 talk about eliminating the income tax and it be taken 793 00:44:11,560 --> 00:44:13,240 seriously. And now people are like, whoa, 794 00:44:13,240 --> 00:44:15,920 OK. Like as a Bitcoiner, I never 795 00:44:15,920 --> 00:44:19,600 thought that that would even be a something coming out of a 796 00:44:19,600 --> 00:44:21,920 presidential candidate's mouth. Whether they'll be follow 797 00:44:21,920 --> 00:44:24,000 through on that, it's a totally different story. 798 00:44:24,000 --> 00:44:26,520 But the fact that we're talking about this, I think is a is a 799 00:44:26,520 --> 00:44:30,400 good precedent for moving forward of what are some actual 800 00:44:30,400 --> 00:44:34,400 things we can do to fix our country here, but also every 801 00:44:34,400 --> 00:44:36,520 country around the world. And especially when you're 802 00:44:36,520 --> 00:44:39,880 seeing some countries in the EU go just like completely the 803 00:44:39,880 --> 00:44:43,320 opposite way and, you know, force taxes and do all kinds of 804 00:44:43,320 --> 00:44:45,840 crazy stuff that are going to hurt their citizens anyways. 805 00:44:45,840 --> 00:44:48,440 We can play this after. But the real, the real clip that 806 00:44:48,440 --> 00:44:52,760 I wanted to hit was again, part of the Trump Vance ticket, JD 807 00:44:52,760 --> 00:44:57,440 Vance going on Tim Dylan's show and as a bitcoiner, you know, 808 00:44:57,440 --> 00:45:02,240 we're all basically like offsprings of Ron Paul and what 809 00:45:02,240 --> 00:45:04,880 he set out and what he's been saying for a long time. 810 00:45:04,880 --> 00:45:08,720 Hashtag and the Fed and we had JD Vance go on Tim Dylan. 811 00:45:08,720 --> 00:45:13,040 I don't have the numbers on how big of a reach this one got, but 812 00:45:13,360 --> 00:45:16,320 he does do a little nod to Ron Paul. 813 00:45:16,520 --> 00:45:20,080 And I do want to cover his response, Ron Paul's response to 814 00:45:20,080 --> 00:45:21,560 this. So I'm going to play this and 815 00:45:21,560 --> 00:45:24,240 then we'll we'll chat about it. And if we have some time, I can 816 00:45:24,240 --> 00:45:28,200 play the Trump clip. Isn't it BlackRock? 817 00:45:28,200 --> 00:45:33,280 Is there a way to calm that down where they're purchasing all and 818 00:45:33,280 --> 00:45:35,080 they're driving up the cost of real estate? 819 00:45:35,280 --> 00:45:37,880 You walk around New York City, there are buildings that are 820 00:45:37,880 --> 00:45:42,120 full of empty apartments because it's money laundering from 821 00:45:42,120 --> 00:45:45,320 people overseas that are stashing money and it's raising 822 00:45:45,320 --> 00:45:47,680 the cost of living for the entire city. 823 00:45:47,840 --> 00:45:50,600 That's exactly right. And and you know, if like I'm 824 00:45:50,600 --> 00:45:55,360 actually not a Ron Paul guy, one of my one of my dear friends is, 825 00:45:55,360 --> 00:45:57,840 is a big Ron Paul guy. But like, I've kind of come 826 00:45:57,840 --> 00:46:01,640 around to the Ron Paul argument. I don't fully agree with it, but 827 00:46:01,640 --> 00:46:04,200 the criticism of the Federal Reserve that makes the most 828 00:46:04,200 --> 00:46:08,560 sense to me is that it gives massive corporations a lower 829 00:46:08,560 --> 00:46:12,080 cost of money than the average American, right? 830 00:46:12,080 --> 00:46:14,640 So part of the reason BlackRock has been able to buy all these 831 00:46:14,640 --> 00:46:17,920 homes is you ask, well, what is BlackRock borrowing at, right? 832 00:46:17,920 --> 00:46:20,200 What rate are they borrowing at? Because the average American 833 00:46:20,200 --> 00:46:22,280 right now, I think, I think the average mortgage interest rate 834 00:46:22,280 --> 00:46:24,360 is somewhere around 7% right now. 835 00:46:24,800 --> 00:46:29,480 OK, Blackrock's borrowing at like 1.52 point 5%, right? 836 00:46:29,720 --> 00:46:34,560 So if they're paying a much lower cost for bought for debt 837 00:46:35,080 --> 00:46:37,360 then the average American, then they have a huge advantage. 838 00:46:37,360 --> 00:46:39,520 They buy up all the homes, they Jack up all the costs. 839 00:46:39,520 --> 00:46:42,200 And again, going back to the Jeffersonian idea of Americans 840 00:46:42,200 --> 00:46:45,200 as owners and as citizens in their own country. 841 00:46:45,480 --> 00:46:49,920 Well, what happens when BlackRock owns your home and say 842 00:46:50,200 --> 00:46:52,320 they, they say you're not allowed to own a firearm because 843 00:46:52,320 --> 00:46:54,640 we own this home. You, you don't own this home. 844 00:46:54,640 --> 00:46:56,080 OK, there goes the Second Amendment. 845 00:46:56,320 --> 00:47:00,880 What if they say, well, for all residents in our, in our places, 846 00:47:00,880 --> 00:47:04,200 we don't want you to put up yard signs for certain political 847 00:47:04,200 --> 00:47:05,480 candidates? Well, there goes the First 848 00:47:05,480 --> 00:47:07,320 Amendment. There's a connection, There's a 849 00:47:07,320 --> 00:47:10,280 very deep connection between the idea of, of American 850 00:47:10,280 --> 00:47:13,880 citizenship, the full idea and the liberties that actually make 851 00:47:13,880 --> 00:47:16,120 American Society such a cool place to live. 852 00:47:16,360 --> 00:47:19,360 And if we turn everybody into renters, we're going to destroy 853 00:47:19,360 --> 00:47:21,160 that. I mean, I I think that like. 854 00:47:21,160 --> 00:47:24,440 Here's where you're wrong now. People really like these shows 855 00:47:24,440 --> 00:47:29,200 where people buy $20 million homes like Selling Sunset most. 856 00:47:29,480 --> 00:47:31,400 Isn't that as good as owning a home? 857 00:47:31,680 --> 00:47:36,000 Because there's thirty shows about people buying mansions and 858 00:47:36,000 --> 00:47:39,280 people get to watch them. So you don't have to cut grass. 859 00:47:39,560 --> 00:47:41,000 You can watch somebody else buy a. 860 00:47:41,120 --> 00:47:42,880 House, but that is what's happening by the. 861 00:47:43,080 --> 00:47:45,920 Way you can live in a pod and eat and eat your roasted 862 00:47:45,920 --> 00:47:48,800 cricket, but watch other people live in the American tree. 863 00:47:49,320 --> 00:47:52,800 Yeah, hilarious. The last part, The last part, 864 00:47:52,800 --> 00:47:55,880 you know, AKA the Make America Healthy again. 865 00:47:56,240 --> 00:47:59,600 You could, you know, eat the grasshoppers and live in the pot 866 00:47:59,600 --> 00:48:02,720 and watch other people be rich. Yeah, This is the weave. 867 00:48:02,920 --> 00:48:04,360 You will owe nothing and be happy. 868 00:48:04,360 --> 00:48:07,840 But the Ron Paul point, which is really, I mean, I think it's 869 00:48:07,840 --> 00:48:12,800 kind of amazing that Trump and Vance are both themselves kind 870 00:48:12,800 --> 00:48:15,840 of saying a lot of things that would come out of Ron Paul's 871 00:48:15,840 --> 00:48:17,600 mouth. Kind of, you know, I know 872 00:48:17,600 --> 00:48:21,280 Trump's kind of been trying to persuade the libertarians to 873 00:48:21,720 --> 00:48:24,840 vote for him, but they are starting to say some of the 874 00:48:24,840 --> 00:48:27,280 talking points that Ron Paul's been saying for a long time. 875 00:48:27,520 --> 00:48:30,480 And Ron Paul on Twitter just basically double s down on this, 876 00:48:30,480 --> 00:48:34,240 which is what we say all the time on the show. the Fed is the 877 00:48:34,240 --> 00:48:36,240 prime source of our economic problems. 878 00:48:36,240 --> 00:48:38,200 Our nation needs sound money again. 879 00:48:38,400 --> 00:48:41,640 And I'd be very happy to discuss this with you, JD Vance. 880 00:48:41,960 --> 00:48:45,440 And so, hey, are we there yet? I don't know. 881 00:48:45,440 --> 00:48:49,120 But it does seem like, you know, we have Trump on one hand saying 882 00:48:49,120 --> 00:48:51,240 maybe we should eliminate the income taxes. 883 00:48:51,360 --> 00:48:54,400 We have Vance, on the other hand, being, yeah, actually, you 884 00:48:54,400 --> 00:48:58,240 know, I'm not a full Ron Paul guy, but a lot of the things 885 00:48:58,240 --> 00:49:01,000 he's saying I'm starting to believe in and what's like Ron 886 00:49:01,000 --> 00:49:04,720 Paul's main message. And the Fed, the Federal Reserve 887 00:49:04,720 --> 00:49:07,240 is not federal. It has no reserves. 888 00:49:07,440 --> 00:49:10,440 The central banks out there, especially in America, the Fed, 889 00:49:10,440 --> 00:49:13,920 of course, they are the root cause of our economic problems 890 00:49:13,920 --> 00:49:18,880 because it all boils down to one simple explanation of inflation. 891 00:49:18,880 --> 00:49:21,080 Where is the root cause of inflation? 892 00:49:21,360 --> 00:49:23,360 It's them expanding the money supply. 893 00:49:23,360 --> 00:49:27,200 And so, hey, JD Vance kind of, I think missed it a little bit 894 00:49:27,360 --> 00:49:30,040 when he's talking about the interest rates and stuff, it's 895 00:49:30,040 --> 00:49:32,120 really about the expansion of the money supply. 896 00:49:32,120 --> 00:49:35,840 Those who can control the money obviously can print money that 897 00:49:35,840 --> 00:49:38,120 we all have to work for. They can put it where, where 898 00:49:38,120 --> 00:49:40,400 they want to. And he, you know, he kind of 899 00:49:40,400 --> 00:49:42,680 touched on that about the interest rates, but he isn't 900 00:49:42,680 --> 00:49:45,080 hitting the, the, the root source of this. 901 00:49:45,080 --> 00:49:48,920 But it does seem like, as Nico was saying earlier, the Overton 902 00:49:48,920 --> 00:49:52,760 window has shifted at least enough where we can at least 903 00:49:52,880 --> 00:49:55,880 seriously have these conversations in America about 904 00:49:55,880 --> 00:49:59,000 eliminating income taxes. Maybe the Federal Reserve is the 905 00:49:59,000 --> 00:50:02,080 main problem here. Maybe the problem is creating 906 00:50:02,080 --> 00:50:04,720 money out of thin air. Maybe we need to go back to a 907 00:50:04,720 --> 00:50:06,840 sound money era. And you can see that the 908 00:50:06,840 --> 00:50:11,240 Republican Party is at at seemingly at least in rhetoric 909 00:50:11,400 --> 00:50:14,120 talking about protecting Bitcoin, protecting the Bitcoin 910 00:50:14,120 --> 00:50:16,360 industry. And so I think these are all, 911 00:50:16,400 --> 00:50:19,040 you know, very good developments when you kind of look at the 912 00:50:19,040 --> 00:50:20,920 opposite side and they're like, yeah, we're going to tax you out 913 00:50:20,920 --> 00:50:22,480 of existence. We're going to, you know, choke 914 00:50:22,480 --> 00:50:25,760 .2 point OU we're going to do whatever we can to hamper the 915 00:50:25,760 --> 00:50:27,880 Bitcoin industry. So I, I just find it very 916 00:50:27,880 --> 00:50:31,640 interesting that on some of the biggest mainstream podcasts, we 917 00:50:31,640 --> 00:50:34,440 can have these conversations and we're not just relegated to, you 918 00:50:34,440 --> 00:50:37,040 know, dark corners of the Internet or on Twitter where 919 00:50:37,040 --> 00:50:38,440 it's just Bitcoin Twitter. Uh oh. 920 00:50:39,160 --> 00:50:42,040 All right, go Nico. Yeah, Opti. 921 00:50:42,560 --> 00:50:44,200 Opti's. Well, I don't know what happened 922 00:50:44,200 --> 00:50:47,120 with Opti. No, bro, listen, I I want to 923 00:50:47,120 --> 00:50:48,680 talk about this Overton window console. 924 00:50:48,680 --> 00:50:51,360 Opti, just use your FaceTime. I want to talk about the Overton 925 00:50:51,360 --> 00:50:55,960 window, the concept, right, which is like something that 926 00:50:56,160 --> 00:51:00,200 we've been talking about for many, many months now. 927 00:51:00,760 --> 00:51:05,400 And it's happening, right? Like the Ron Paul, you know, 928 00:51:05,400 --> 00:51:08,120 meme thing. It's happening, It's happening. 929 00:51:08,520 --> 00:51:14,120 And it's just like the Bitcoin becoming electoral issue. 930 00:51:15,160 --> 00:51:18,640 It's happening a lot quicker than I anticipated. 931 00:51:19,440 --> 00:51:22,560 I thought that Bitcoin was going to become an electoral issue 932 00:51:22,560 --> 00:51:26,560 without a shadow of a doubt by 2028, guaranteed. 933 00:51:27,160 --> 00:51:31,000 And I think the current administration expedited that by 934 00:51:31,000 --> 00:51:33,840 taking such a hostile stance towards the industry. 935 00:51:34,120 --> 00:51:37,960 Thank you, Elizabeth Warren. I mean, I'll say thank you once 936 00:51:37,960 --> 00:51:40,640 I found out the results of the election because it could really 937 00:51:40,640 --> 00:51:42,680 go either way from a regulatory perspective. 938 00:51:43,200 --> 00:51:47,360 But yeah, I mean, you know, that Overton Window is shifting 939 00:51:47,360 --> 00:51:54,400 hardcore and I you, the third party candidates, no doubt in my 940 00:51:54,400 --> 00:51:57,280 mind, they would bring up these concepts like the Libertarian 941 00:51:57,720 --> 00:52:00,800 Party up there, like going up there and saying these things 942 00:52:00,800 --> 00:52:02,320 like it's like that's not surprising. 943 00:52:02,480 --> 00:52:08,960 But but main party candidates bringing this up, like, bro, you 944 00:52:08,960 --> 00:52:13,400 know, this is just to kind of give you an idea, guys like just 945 00:52:13,400 --> 00:52:16,920 these two things. Donald Trump at the Bitcoin 946 00:52:16,920 --> 00:52:19,240 conference says he'll protect the right to self custody and 947 00:52:19,240 --> 00:52:22,080 he's thinking about making Bitcoin a strategic reserve 948 00:52:22,080 --> 00:52:25,040 asset. Fast forward three or four 949 00:52:25,040 --> 00:52:27,600 months later, I want to end the income tax. 950 00:52:27,600 --> 00:52:30,960 Like, like guys like this is gnarly. 951 00:52:31,240 --> 00:52:34,280 This is gnarly. And if you're on the other side 952 00:52:34,280 --> 00:52:38,560 of this, like if you're part of the unelected Bureau, let me ask 953 00:52:38,560 --> 00:52:41,520 you guys something. Who's running the country right 954 00:52:41,520 --> 00:52:44,920 now? Who's running the country right 955 00:52:44,920 --> 00:52:46,520 now? Do you think? 956 00:52:46,520 --> 00:52:52,360 It's Joe Biden? Like, so OK, I'm going to, I'm 957 00:52:52,360 --> 00:52:55,200 going to leave that right there. I'm just I'm not going to 958 00:52:55,200 --> 00:52:56,720 answer. That yeah, I was going to joke 959 00:52:56,720 --> 00:52:59,200 too, but. I'm I'm going to just leave that 960 00:52:59,200 --> 00:53:02,600 simmering. OK, so if he hasn't been 961 00:53:02,600 --> 00:53:04,640 running, running the country, who's been running the country, 962 00:53:04,760 --> 00:53:08,400 the sample, the ample, the the the the answer is simple. 963 00:53:09,160 --> 00:53:12,680 The person who's been the the machine has been running the 964 00:53:12,680 --> 00:53:14,760 country. It's always been running the 965 00:53:14,760 --> 00:53:19,560 country in my opinion. And you have to identify what is 966 00:53:19,560 --> 00:53:22,160 the source of funding for said machine. 967 00:53:22,400 --> 00:53:28,000 And as the machine gets bigger, it naturally has to take away 968 00:53:28,120 --> 00:53:34,080 more and more of your freedoms because it essentially it need, 969 00:53:34,080 --> 00:53:37,880 it needs funding, it needs a revenue source, it needs a 970 00:53:37,880 --> 00:53:40,840 revenue source. And what is that revenue source? 971 00:53:40,840 --> 00:53:46,040 The American people, right? So I think what's happening 972 00:53:46,040 --> 00:53:48,920 right now is really, really fascinating. 973 00:53:48,920 --> 00:53:51,840 We're like a really interesting point in history. 974 00:53:52,880 --> 00:53:56,360 We're exiting the disintermediation of 975 00:53:56,360 --> 00:53:59,120 information. I think that's come full circle. 976 00:53:59,560 --> 00:54:04,920 I think with the Joe Rogan interview with Trump, I think it 977 00:54:04,920 --> 00:54:09,320 represented something that started like four years ago or 978 00:54:09,320 --> 00:54:16,920 so, but now all of a sudden the independent media is now getting 979 00:54:16,920 --> 00:54:18,840 more traction than the legacy media. 980 00:54:19,000 --> 00:54:21,480 For some reason. The legacy media is still 981 00:54:21,520 --> 00:54:26,240 setting the debate, but the independent media has become the 982 00:54:26,240 --> 00:54:29,040 media. What I anticipate is going to 983 00:54:29,040 --> 00:54:34,040 happen in the next four years or so is what just happened with 984 00:54:34,040 --> 00:54:37,640 the disintermediation of information is going to happen 985 00:54:37,640 --> 00:54:40,280 with money. And it's going to be called, in 986 00:54:40,280 --> 00:54:44,440 my opinion, the disintermediation of of the 987 00:54:44,680 --> 00:54:47,440 disintermediation of money, the separation of money and state. 988 00:54:48,160 --> 00:54:51,760 And you're starting to see the first innings of that when 989 00:54:51,760 --> 00:54:54,600 they're talk about and the income tax. 990 00:54:55,840 --> 00:54:58,760 That's a really great indication to where this is going. 991 00:54:59,280 --> 00:55:04,200 If you start asking that question, the secondary natural 992 00:55:04,200 --> 00:55:07,680 question, the inevitable question is end the Fed. 993 00:55:08,640 --> 00:55:12,440 If you're going to say end income tax, you're going to end 994 00:55:12,440 --> 00:55:15,600 with end the Federal Reserve, that's what's going to happen. 995 00:55:15,600 --> 00:55:17,920 That's like the natural evolution of this. 996 00:55:18,160 --> 00:55:21,800 And if this is where we are, if the Overton window has moved to 997 00:55:21,800 --> 00:55:25,080 this point, where do you think it's going to be in four years? 998 00:55:26,200 --> 00:55:31,400 Bitcoiners have not won until we end central banking. 999 00:55:31,400 --> 00:55:34,120 That's why Bitcoin was born. That's why we're here. 1000 00:55:34,360 --> 00:55:39,120 That's what's really going to end the enslavement of humanity, 1001 00:55:39,680 --> 00:55:42,880 central banking. Until we end the central banks, 1002 00:55:44,000 --> 00:55:46,600 things will not change. Humanity will never be free. 1003 00:55:47,080 --> 00:55:49,760 That's what we have to do. And we have to do it with 1004 00:55:49,960 --> 00:55:54,200 informing the populace with the dangers of central banking. 1005 00:55:54,840 --> 00:56:03,000 And again, I would say putting pressure on the machine, and you 1006 00:56:03,000 --> 00:56:06,960 can't do that in any other way. You have to do it peacefully, 1007 00:56:07,320 --> 00:56:11,880 you have to do it legally, and you have to do it with truth and 1008 00:56:11,880 --> 00:56:15,400 information. And now that they've lost their 1009 00:56:15,400 --> 00:56:19,680 monopoly on information, their control on the narrative, these 1010 00:56:19,680 --> 00:56:22,800 types of ideas are going to be a lot easier to propagate. 1011 00:56:23,360 --> 00:56:27,840 Because when you tell someone like Joe Rogan, I want to end 1012 00:56:27,840 --> 00:56:31,760 the income tax, he's going to ask you a genuine question about 1013 00:56:31,760 --> 00:56:35,120 it. If you say that on legacy media, 1014 00:56:35,320 --> 00:56:38,240 they will attack you in three different ways. 1015 00:56:38,240 --> 00:56:40,680 Why? Because they are part of the 1016 00:56:40,680 --> 00:56:43,760 system. They are part of the system of 1017 00:56:43,760 --> 00:56:47,760 control itself. So the fact that the discussion 1018 00:56:47,960 --> 00:56:52,480 is happening outside of the system of control is very good 1019 00:56:52,480 --> 00:56:55,920 for Bitcoin. It's very good for our movement. 1020 00:56:56,240 --> 00:56:59,200 And the fact that this is happening, you're going to start 1021 00:56:59,200 --> 00:57:04,720 to hear many topics that were otherwise never going to be able 1022 00:57:04,720 --> 00:57:07,920 to be talked about being talked about. 1023 00:57:08,720 --> 00:57:13,120 And we are entering a very, very interesting moment in human 1024 00:57:13,120 --> 00:57:16,120 history. I don't think it's like a new 1025 00:57:16,120 --> 00:57:19,080 renaissance. I don't think America has gone 1026 00:57:19,080 --> 00:57:25,800 through this type of fork in the road in a very long time. 1027 00:57:26,360 --> 00:57:30,360 And I think this upcoming election, I agree with Elon when 1028 00:57:30,360 --> 00:57:35,360 he says this is really going to determine which way we go for 1029 00:57:35,360 --> 00:57:39,240 the foreseeable future. I think if one party wins and 1030 00:57:39,240 --> 00:57:42,000 the other party doesn't win, I think that this, what's 1031 00:57:42,000 --> 00:57:43,880 happening right now is inevitable. 1032 00:57:44,520 --> 00:57:47,160 I think the cause of this is the Internet. 1033 00:57:47,760 --> 00:57:51,720 I think the Internet makes the every everyday person more 1034 00:57:51,720 --> 00:57:56,240 informed on everyday issues. I think social media gives them 1035 00:57:56,240 --> 00:57:58,880 the power of information at their fingertips. 1036 00:57:59,280 --> 00:58:02,640 That information isn't censored, that information is in control, 1037 00:58:02,640 --> 00:58:03,720 even though they're trying to do that. 1038 00:58:05,080 --> 00:58:07,080 And I think that informs the populace. 1039 00:58:07,280 --> 00:58:11,280 And once the populace is informed, the inevitable outcome 1040 00:58:11,280 --> 00:58:15,040 of that is why does my money need to steal from me? 1041 00:58:16,320 --> 00:58:18,760 Why does central banking need to exist? 1042 00:58:19,520 --> 00:58:22,120 Why am I poorer than my parents? Right. 1043 00:58:22,120 --> 00:58:26,080 And then you start to ask those questions and you're like, and 1044 00:58:26,080 --> 00:58:30,080 they don't have answers to this. Their answers are to gaslight 1045 00:58:30,080 --> 00:58:32,800 you, to call you racist, to call you an extremist. 1046 00:58:33,240 --> 00:58:34,920 But they don't want to answer this. 1047 00:58:34,920 --> 00:58:37,120 They don't want to answer. They don't want to talk about it 1048 00:58:37,240 --> 00:58:39,600 because they don't have a good response. 1049 00:58:39,800 --> 00:58:43,360 So they would rather bury it. But now that they can't bury it 1050 00:58:43,480 --> 00:58:46,600 because they've lost their monopoly on information, they 1051 00:58:46,600 --> 00:58:49,560 have to confront it. And if they have to confront it, 1052 00:58:49,560 --> 00:58:53,200 they can only give you like actual valid reasons. 1053 00:58:53,800 --> 00:58:57,400 You want to know why the Rogan interview took off the way it 1054 00:58:57,400 --> 00:59:00,720 did? It's because people know that 1055 00:59:00,720 --> 00:59:04,360 when Trump went on Rogan Rosen, Rogan wasn't just going to go 1056 00:59:04,360 --> 00:59:06,240 like, gotcha, gotcha. You're a racist. 1057 00:59:06,240 --> 00:59:08,440 Like it. It was going to be a natural 1058 00:59:08,440 --> 00:59:11,520 free flowing conversation. And that's what you got for 1059 00:59:11,520 --> 00:59:14,800 three hours. And that's in stark contrast to 1060 00:59:14,800 --> 00:59:19,160 what the media has been telling you for the last nine years that 1061 00:59:19,160 --> 00:59:23,280 Trump essentially is, is like, you know, the second coming of 1062 00:59:23,280 --> 00:59:26,320 Satan, essentially. And, you know, I'm not a big 1063 00:59:26,600 --> 00:59:29,200 like I'm not a fan of all of Trump's policies. 1064 00:59:29,680 --> 00:59:33,440 But at the same time, I want to be able to do my own research 1065 00:59:33,440 --> 00:59:37,760 and come to my own conclusion rather than the media getting to 1066 00:59:37,760 --> 00:59:41,320 dictate how you, how you should feel about certain things. 1067 00:59:41,880 --> 00:59:46,400 Like we, we don't, we, we don't live in a free society. 1068 00:59:46,640 --> 00:59:51,120 If the media is getting to dictate the narrative and how 1069 00:59:51,120 --> 00:59:54,800 you should feel about certain topics, topics and issues, we 1070 00:59:54,800 --> 00:59:58,320 don't live in that society. The Internet is bringing that 1071 00:59:58,680 --> 01:00:03,520 like bringing that to light and rather than them adjusting and 1072 01:00:03,520 --> 01:00:07,280 pivoting, they keep doubling down on this idea of we should 1073 01:00:07,280 --> 01:00:10,800 be the ones that get get to dictate what is true and what is 1074 01:00:10,800 --> 01:00:13,480 not true. Anyways, Opti you want to close 1075 01:00:13,480 --> 01:00:16,600 it out. No, I mean, I think you, I think 1076 01:00:16,600 --> 01:00:20,040 you kind of killed it, man. It just goes to show that we are 1077 01:00:20,040 --> 01:00:24,640 entering into a new paradigm. And what's the man? 1078 01:00:24,640 --> 01:00:28,920 What's the for, for the O GS here that been in Bitcoin for, 1079 01:00:28,920 --> 01:00:33,080 you know, 7 + a year? What what's the Carlos Matteo or 1080 01:00:33,080 --> 01:00:35,400 Carlos Matos? I'm blanking the big connect 1081 01:00:35,400 --> 01:00:37,840 guy's name. It's like we no longer live in 1082 01:00:37,840 --> 01:00:42,160 the world that we once lived in or whatever it was. 1083 01:00:42,160 --> 01:00:45,040 This is where we are. We are in entering a new 1084 01:00:45,040 --> 01:00:47,880 paradigm and it is very interesting. 1085 01:00:48,840 --> 01:00:51,320 Obviously there there's going to be some trade-offs along the 1086 01:00:51,480 --> 01:00:54,680 along the way, and I think things will get kind of crazier 1087 01:00:54,680 --> 01:00:58,560 as we start to move along into this new paradigm that we find 1088 01:00:58,560 --> 01:01:01,160 ourselves in. But hey, as Bitcoiners, we're 1089 01:01:01,160 --> 01:01:05,800 protected and Bitcoin is speech after all, and free speech is 1090 01:01:05,800 --> 01:01:09,040 super important. And hopefully more people 1091 01:01:09,040 --> 01:01:11,760 realize that. Yeah, man, like conversating on 1092 01:01:11,760 --> 01:01:14,480 the Internet, peer-to-peer is the most important thing to be 1093 01:01:14,480 --> 01:01:16,400 doing. Again, I'm always reminded of 1094 01:01:16,400 --> 01:01:20,240 the headline of doing your own research is bad. 1095 01:01:20,240 --> 01:01:22,960 Like trustee experts, like this is the world they want us to 1096 01:01:22,960 --> 01:01:27,720 live in A2 tiered system where the quote UN quote, you know, 1097 01:01:27,720 --> 01:01:31,440 financial elites tell you what the truth is and us peasants 1098 01:01:31,440 --> 01:01:34,720 have to just eat it and, and you know, take it as it's gold or 1099 01:01:34,720 --> 01:01:36,040 you know, the holy word over here. 1100 01:01:36,040 --> 01:01:39,160 And it's like, no, now that game is changing. 1101 01:01:39,480 --> 01:01:42,240 And that means that there is upward mobility. 1102 01:01:42,240 --> 01:01:44,680 If you understand what is going on, if you have the asymmetric 1103 01:01:44,680 --> 01:01:47,200 knowledge and understanding of how the world really works, 1104 01:01:47,440 --> 01:01:50,480 which we think Bitcoin does and allows for more, more people, 1105 01:01:51,120 --> 01:01:53,840 then you're entering into a better world. 1106 01:01:53,880 --> 01:01:55,560 And what do you always say, Nico? 1107 01:01:55,760 --> 01:01:58,080 Fiat is the world of pessimism, nihilism and war. 1108 01:01:58,080 --> 01:02:01,360 And Bitcoin is the world of optimism, freedom and peace. 1109 01:02:01,360 --> 01:02:03,960 Like, I don't know, it's such a simple, it's so simple. 1110 01:02:03,960 --> 01:02:05,760 It's really so simple. Simple. 1111 01:02:05,840 --> 01:02:07,760 Complicated people make it complicated. 1112 01:02:07,760 --> 01:02:10,000 Anyways, guys, if you guys enjoyed the today's show, make 1113 01:02:10,000 --> 01:02:12,640 sure to smash that like button share this video. 1114 01:02:12,640 --> 01:02:15,680 It seems like we got a little bit of of yeah, I think we go a 1115 01:02:15,680 --> 01:02:18,200 little bit. I don't even know what we can 1116 01:02:18,200 --> 01:02:21,280 say a little bit a little bit. It's been happening at like like 1117 01:02:21,440 --> 01:02:23,920 at least once a week for the last of Microsoft. 1118 01:02:23,920 --> 01:02:25,880 We have a neat. Topic that we can't talk about, 1119 01:02:26,400 --> 01:02:28,600 yeah, but. Yeah, share today's video and of 1120 01:02:28,600 --> 01:02:30,840 course, we'll be back tomorrow for a brand new episode of 1121 01:02:30,840 --> 01:02:31,640 Simply Bitcoin. Live. 1122 01:02:31,640 --> 01:02:32,840 Peace out everybody. Take care. 1123 01:02:34,760 --> 01:02:37,720 Brought to you by bitcoinwell.com, a Bitcoin only 1124 01:02:37,720 --> 01:02:40,920 platform on a mission to enable financial independence.