1 00:00:20,840 --> 00:00:22,160 None. It's national. 2 00:00:22,160 --> 00:00:24,760 Cheeseburger day, evidently. Oh, I loved it all. 3 00:00:25,920 --> 00:00:28,200 I've got some burgers and Diet Coke the. 4 00:00:29,040 --> 00:00:31,600 Best. Burger in the City and David's 5 00:00:31,600 --> 00:00:33,160 doing a good job, everybody, right? 6 00:00:33,160 --> 00:00:35,960 I think David does. Everyone know David? 7 00:00:38,320 --> 00:00:41,720 He's doing a good job. You got this whole thing 8 00:00:41,720 --> 00:00:43,440 started? Yeah. 9 00:00:43,680 --> 00:00:44,800 I'll sign that menu. Yeah. 10 00:00:45,240 --> 00:00:46,640 Would you like 1? You want a hamburger? 11 00:00:46,640 --> 00:00:49,200 These burgers are killers. They're really. 12 00:00:49,200 --> 00:00:56,240 They're good. That's great, man. 13 00:00:57,000 --> 00:00:57,680 How's that? Nice. 14 00:00:57,680 --> 00:01:00,560 That's perfect. Amazing, you know, And one more 15 00:01:00,560 --> 00:01:02,600 right here would be fantastic. Don't mind. 16 00:01:02,600 --> 00:01:04,879 If anything, we have some gifts. For you. 17 00:01:04,879 --> 00:01:06,360 Good. I want Bitcoin. 18 00:01:12,160 --> 00:01:15,160 OK, you got it. Appreciate your open mindedness. 19 00:01:15,160 --> 00:01:16,320 Thank you so much for coming here. 20 00:01:16,320 --> 00:01:17,440 It's great. It's a new. 21 00:01:17,880 --> 00:01:20,680 It's a new era. That's what's happening. 22 00:01:20,920 --> 00:01:23,960 It's amazing to see what's happened in such a short period 23 00:01:23,960 --> 00:01:25,040 of time. Congratulations. 24 00:01:25,040 --> 00:01:26,200 Thank you, Mr. President. Thank you. 25 00:01:26,200 --> 00:01:30,520 Thank you, everybody. Thank you, Mr. President. 26 00:01:30,560 --> 00:01:37,040 Thank you. This suckers are good too. 27 00:01:39,240 --> 00:01:43,280 Yeah. This is a crypto burger. 28 00:01:46,880 --> 00:01:50,120 You should name them. Name a Bitcoin and a crypto. 29 00:01:52,080 --> 00:01:55,960 Plenty of them. You think you're going to be in 30 00:01:56,000 --> 00:01:58,440 good shape back there? Last bottle though. 31 00:01:58,800 --> 00:02:00,560 Do you want one? Huh. 32 00:02:00,600 --> 00:02:05,320 You want one? She's been great. 33 00:02:08,759 --> 00:02:11,320 I just think Greg Gutfeld, you have to watch it tonight. 34 00:02:11,320 --> 00:02:12,840 Greg, how many people were there? 35 00:02:12,840 --> 00:02:14,560 And Doug, you with it? Yeah, that's cool, right? 36 00:02:15,240 --> 00:02:18,400 He's done a good job. Is everyone no Pulitzer Prize 37 00:02:18,400 --> 00:02:21,400 winner that is one of the greats going to be Saints. 38 00:02:21,440 --> 00:02:23,040 Embarrassed. Embarrassed. 39 00:02:23,680 --> 00:02:25,520 OK, here you go, Doug. You're great. 40 00:02:27,400 --> 00:02:28,760 Always. He makes me look thin. 41 00:02:28,760 --> 00:02:32,760 That's. All I have a good time everybody 42 00:02:35,320 --> 00:02:37,400 yeah Windows 7 Bitcoin live your number one source of the 43 00:02:37,400 --> 00:02:39,520 peaceful Bitcoin revolution company breaking news 44 00:02:39,520 --> 00:02:41,360 culturomatic warfare will be your guide through the 45 00:02:41,360 --> 00:02:44,760 separation of money and state. Here is the first clip of Donald 46 00:02:44,760 --> 00:02:47,920 Trump at pub key in New York City and he did. 47 00:02:47,920 --> 00:02:53,360 This is the first time AUS president completed a Bitcoin 48 00:02:53,360 --> 00:02:55,280 transaction. We have the clip of that 49 00:02:55,280 --> 00:02:58,920 specifically later on in the show, but there you have like 50 00:02:58,920 --> 00:03:01,240 Trump bought burgers for everyone in the bar, just 51 00:03:01,240 --> 00:03:03,560 handing it out. I think at one point he said he 52 00:03:03,560 --> 00:03:05,520 called it a crypto burger. You can just hear the whole 53 00:03:05,520 --> 00:03:09,080 crowd say Boo, Boo. Anyways, from a historical 54 00:03:09,080 --> 00:03:11,280 perspective, this is absolutely massive. 55 00:03:11,800 --> 00:03:13,400 You can never have imagined this. 56 00:03:13,520 --> 00:03:18,600 You know 27 2016 2017 when I got in Ben got in earlier than I did 57 00:03:19,080 --> 00:03:22,240 can never have imagined this right Bitcoin being made legal 58 00:03:22,240 --> 00:03:27,680 tender in El Salvador 20/21/2024 You'd have a potential an ex 59 00:03:27,680 --> 00:03:30,600 president and potential future president, you know saying he'll 60 00:03:30,600 --> 00:03:32,120 protect the right to self custody. 61 00:03:32,320 --> 00:03:33,840 You know he'll protect the right to mine. 62 00:03:34,000 --> 00:03:37,720 He'll stop the operation choke .2 point O and there he is 63 00:03:37,720 --> 00:03:41,560 completing his first Bitcoin transaction at the famous 64 00:03:41,560 --> 00:03:44,680 Bitcoin bar in New York City pub key. 65 00:03:44,680 --> 00:03:48,280 So absolutely crazy historic. Here's the second part of the 66 00:03:48,280 --> 00:03:54,280 clip. Donald Trump, he is in a bar, I 67 00:03:54,280 --> 00:03:57,640 believe in downtown New York called the Pub Key in downtown 68 00:03:58,000 --> 00:04:00,240 Manhattan. Maybe we can play up some sound 69 00:04:00,240 --> 00:04:01,560 here guys. And see if he says anything. 70 00:04:01,560 --> 00:04:11,440 He's. Going to scan this QR code here 71 00:04:11,440 --> 00:04:14,560 with this phone. If you want to take that from 72 00:04:14,560 --> 00:04:15,960 him, scan the QR code right? Here. 73 00:04:16,040 --> 00:04:17,839 Right there. Right there. 74 00:04:17,839 --> 00:04:42,400 Just that one. And fantastic it went through. 75 00:04:54,800 --> 00:04:57,120 So absolutely historic moment as you could say he was having 76 00:04:57,120 --> 00:04:59,640 trouble. There was glare, he tried to 77 00:04:59,640 --> 00:05:02,440 scan it first it wasn't scanned, then they did it for him, but 78 00:05:02,440 --> 00:05:04,120 still it still counts in my opinion. 79 00:05:04,360 --> 00:05:07,040 Yeah, I mean, it's funny looking at that. 80 00:05:07,120 --> 00:05:12,240 It reminds me of the days of old where you would have somebody 81 00:05:12,240 --> 00:05:15,000 like onboarding a, a merchant or something and you'd have the 82 00:05:15,000 --> 00:05:18,960 demo video of like, look, we did the transaction and but now it's 83 00:05:19,440 --> 00:05:23,040 president doing it and it's just history doesn't repeat, but it 84 00:05:23,040 --> 00:05:25,400 rhymes. Yeah, absolutely. 85 00:05:25,400 --> 00:05:29,320 Man, this is such a historic moment, absolutely huge. 86 00:05:29,320 --> 00:05:31,800 And again, also a reminder of something that we've been 87 00:05:31,800 --> 00:05:35,040 talking about for the last couple days, the last couple of 88 00:05:35,040 --> 00:05:39,240 months really about the this upcoming election in the United 89 00:05:39,240 --> 00:05:42,120 States. It will have a major impact in 90 00:05:42,120 --> 00:05:45,440 the regulatory environment for Bitcoin businesses in the US. 91 00:05:45,680 --> 00:05:48,600 You don't want those Lightning wallets to continue to flee like 92 00:05:48,600 --> 00:05:52,000 wallet of Satoshi, like Phoenix wallet and also the persecution 93 00:05:52,440 --> 00:05:55,320 of Bitcoin developers like the Samurai guys. 94 00:05:55,320 --> 00:06:00,240 So yeah, it is going to be the first Bitcoin election and I 95 00:06:00,240 --> 00:06:01,840 think that is definitely a show of good faith. 96 00:06:01,840 --> 00:06:03,760 And I do want to give a shout out to the people that made it 97 00:06:03,760 --> 00:06:07,080 happen, I believe is Anthony Pompliano and David Bailey that 98 00:06:07,280 --> 00:06:11,640 played a big role in getting Trump to pub key to make his 99 00:06:11,640 --> 00:06:16,080 first Bitcoin president. The the first time AUS president 100 00:06:16,200 --> 00:06:19,720 makes a Bitcoin transaction. Absolutely historic moment in 101 00:06:19,720 --> 00:06:22,320 Bitcoin's history. And I do want to go legendary 102 00:06:22,400 --> 00:06:25,160 host who's here on the wings today. 103 00:06:25,280 --> 00:06:26,960 Optimus Field. How you doing bro? 104 00:06:28,280 --> 00:06:29,640 What's up, dude? What's up, Ben? 105 00:06:29,720 --> 00:06:31,000 How you doing? How you doing? 106 00:06:31,800 --> 00:06:33,280 I'm doing. I'm doing well, man. 107 00:06:33,440 --> 00:06:35,560 Everything's great. But yeah, what a what a 108 00:06:35,560 --> 00:06:37,680 interesting clip, to say the least. 109 00:06:37,920 --> 00:06:43,000 First of all, of course, seeing Donald Trump on a superficial 110 00:06:43,000 --> 00:06:47,200 level do a Bitcoin transaction does, as Nikka always say, break 111 00:06:47,200 --> 00:06:49,920 the Overton window. And then I think the most 112 00:06:49,920 --> 00:06:51,880 interesting part is there was a lot of Bitcoiners kind of 113 00:06:51,880 --> 00:06:55,200 talking about the fact that one, you know, didn't even seem like 114 00:06:55,200 --> 00:06:58,040 Trump was doing it himself. It's like, OK, he's like a 115 00:06:58,040 --> 00:07:00,960 boomer learning new technology. Like give the guy a break. 116 00:07:01,240 --> 00:07:05,800 But the the fact that this was on Fox News, like I think that 117 00:07:05,800 --> 00:07:08,520 is a historic event. Of course, for all of us younger 118 00:07:08,520 --> 00:07:11,520 people, none of us are watching corporate press and we probably 119 00:07:11,520 --> 00:07:14,520 don't watch Fox News. And I think the demographic is 120 00:07:14,520 --> 00:07:17,320 like 60 plus. But again, with the idea of the 121 00:07:17,320 --> 00:07:22,120 Overton window and having that transaction take place, yes, it 122 00:07:22,120 --> 00:07:25,280 was a little clunky considering that there was a lot of glare 123 00:07:25,280 --> 00:07:27,880 and there was some QR code issues with the lights and 124 00:07:27,880 --> 00:07:30,000 stuff. And yes, it wasn't necessarily 125 00:07:30,000 --> 00:07:32,840 Trump doing it himself. But again, he's still in his 126 00:07:32,840 --> 00:07:35,040 learning curve. And I think I got to give him a 127 00:07:35,160 --> 00:07:36,520 give him a break a little bit here. 128 00:07:36,840 --> 00:07:39,200 The fact that he's actually doing this, I think it's super 129 00:07:39,200 --> 00:07:41,200 historic. Of course, this is him 130 00:07:41,200 --> 00:07:43,640 campaigning. Like, let's not, you know, go 131 00:07:43,640 --> 00:07:46,120 into who's just a politician. This doesn't matter. 132 00:07:46,240 --> 00:07:48,640 Bitcoin doesn't need Trump or Bitcoin doesn't need 133 00:07:48,640 --> 00:07:50,480 politicians. Politicians need Bitcoin. 134 00:07:50,720 --> 00:07:53,760 We totally get it, guys. Like, of course we all think the 135 00:07:53,760 --> 00:07:57,040 same thing, but it is a historic event. 136 00:07:57,040 --> 00:07:59,440 Now everyone's saying is what was it? 137 00:07:59,440 --> 00:08:02,680 September 18th, official burger day for Bitcoiners. 138 00:08:02,680 --> 00:08:05,320 Like we have pizza day. But Nico, I know you want to get 139 00:08:05,320 --> 00:08:08,080 into the show real quick, but I do want to kind of do a little 140 00:08:08,080 --> 00:08:10,240 update on what the stack was here. 141 00:08:10,360 --> 00:08:13,720 Got this good tweet from Will Cole kind of clarifying a lot of 142 00:08:13,720 --> 00:08:16,440 stuff here. And Will Cole goes so lots of 143 00:08:16,440 --> 00:08:18,720 questions in regards to this transaction. 144 00:08:18,800 --> 00:08:21,920 We'll call this the Trump stack. Donald Trump wielded a strike 145 00:08:21,920 --> 00:08:25,360 wallet paying a Zaprite app Lightning invoice belongs to pub 146 00:08:25,360 --> 00:08:28,360 key who are running their own lightning LND node on voltage 147 00:08:28,360 --> 00:08:30,440 cloud. Very stable and reliable setup. 148 00:08:30,640 --> 00:08:33,720 In fact, everyone, everybody says it's the best thing. 149 00:08:33,720 --> 00:08:37,120 It's the best thing I've ever. And then just to clarify, Mags 150 00:08:37,120 --> 00:08:40,159 responds that was not as smooth as lightning transactions 151 00:08:40,360 --> 00:08:41,440 usually are. What happened? 152 00:08:41,640 --> 00:08:45,440 And Wilco responds lots of flash photography causing glare on the 153 00:08:45,440 --> 00:08:48,760 screen, plus an invoice that had been open for a long time in 154 00:08:48,760 --> 00:08:50,960 anticipation. They take lightning payments 155 00:08:50,960 --> 00:08:52,440 there every night with no hiccups. 156 00:08:52,560 --> 00:08:56,880 Was just a lot going on. And so I did see a lot of people 157 00:08:56,880 --> 00:09:00,000 basically saying like, oh, this was just a photo op. 158 00:09:00,000 --> 00:09:03,880 Of course, you know, like this was just a campaign political 159 00:09:03,880 --> 00:09:05,400 op. Totally was. 160 00:09:05,640 --> 00:09:07,680 Of course it was, of course it was. 161 00:09:07,680 --> 00:09:12,000 But still, I think the point remains the same that this was a 162 00:09:12,200 --> 00:09:15,520 historical historic moment in the in the Bitcoin space at 163 00:09:15,520 --> 00:09:17,720 large. Obviously, as Bitcoiners, we 164 00:09:17,720 --> 00:09:19,920 like to hype everything up. We get super excited about 165 00:09:19,920 --> 00:09:22,400 everything. But let's not take away from the 166 00:09:22,400 --> 00:09:25,480 fact that, you know, technically the 1st U.S. 167 00:09:25,480 --> 00:09:28,680 President to do a Bitcoin transaction at Pub Key in New 168 00:09:28,680 --> 00:09:31,800 York, I think is a legendary moment, which just goes to show 169 00:09:31,800 --> 00:09:35,120 how far this industry has grown. But I get it that, you know, a 170 00:09:35,120 --> 00:09:39,480 lot of anti politicians in the Bitcoin space, like bro, like 171 00:09:39,480 --> 00:09:42,560 when he had, when is he going to have his own lightning wallet, 172 00:09:42,560 --> 00:09:44,600 his own lightning non custodial wallet? 173 00:09:44,800 --> 00:09:46,320 And so there's just a lot of purity test. 174 00:09:46,320 --> 00:09:49,000 But still, guys, come on, he's a boomer. 175 00:09:49,040 --> 00:09:51,840 Like give the guy a break. I know there's boomers out there 176 00:09:51,840 --> 00:09:55,040 that do know how to use Bitcoin, but he's still early in his 177 00:09:55,040 --> 00:09:58,680 Bitcoin journey. And so it's still an important 178 00:09:58,680 --> 00:10:00,400 moment. But you know, I'll get hate on 179 00:10:00,400 --> 00:10:01,280 that. I don't really care. 180 00:10:01,280 --> 00:10:03,200 It is what it is. Yeah. 181 00:10:03,200 --> 00:10:06,480 And and I also got to say like do you remember the first time 182 00:10:06,520 --> 00:10:10,600 that do you remember the first time that you used a Bitcoin 183 00:10:11,080 --> 00:10:13,120 Lightning, I mean a Bitcoin wallet and a lightning 184 00:10:13,120 --> 00:10:14,920 transaction? Like you like it? 185 00:10:14,920 --> 00:10:17,720 It was, it was like somewhat difficult to do right. 186 00:10:18,680 --> 00:10:20,720 So yeah, this is a 78 year old man. 187 00:10:20,720 --> 00:10:23,720 He is pandering, but that's the whole point of politicians. 188 00:10:23,960 --> 00:10:26,560 And some of the things that, like I've been explaining, is 189 00:10:27,040 --> 00:10:30,920 Bitcoiners are now becoming part of his donor class. 190 00:10:31,200 --> 00:10:35,200 And at the end of the day, DC is run by DC. 191 00:10:35,200 --> 00:10:38,200 Politicians are run by their donors fundamentally. 192 00:10:38,360 --> 00:10:41,080 That's why Trump went there because they raised a lot of 193 00:10:41,080 --> 00:10:44,440 money for him in Nashville. And you know, he's he's doing 194 00:10:44,440 --> 00:10:47,520 the favor back. So we want Bitcoiners to be part 195 00:10:47,520 --> 00:10:50,920 of the donor donor base because that's how you actually 196 00:10:50,920 --> 00:10:54,680 influence American politics. Ben, do you want to add to that? 197 00:10:55,840 --> 00:10:59,280 I, I do and the most bullish thing about this, other than the 198 00:10:59,280 --> 00:11:02,960 fact that yes, we have a, a president, you know, that that 199 00:11:02,960 --> 00:11:07,080 is doing a lightning transaction is to me the pub key set up and 200 00:11:07,080 --> 00:11:08,920 what they've done. Because in the days of old, 201 00:11:09,760 --> 00:11:12,120 look, we're doing a Bitcoin transaction and the person would 202 00:11:12,120 --> 00:11:15,640 be receiving like the merchant would be receiving via BitPay, 203 00:11:15,640 --> 00:11:17,880 which is getting dumped to dollars immediately. 204 00:11:18,160 --> 00:11:20,040 And they've got first of all, ZAP rights. 205 00:11:20,040 --> 00:11:23,040 Incredible. I use that myself for invoicing, 206 00:11:23,680 --> 00:11:26,280 but they, they have their own, their own lightning node. 207 00:11:26,400 --> 00:11:28,560 They've got this full set up where they can accept it on the 208 00:11:28,560 --> 00:11:30,000 spot. And I can testify to the way 209 00:11:30,000 --> 00:11:32,800 that they've got it set it up because it's very much the the 210 00:11:32,800 --> 00:11:35,600 way that I use it. And it works beautifully. 211 00:11:35,800 --> 00:11:38,880 And it's and, and you have control over the full stack and 212 00:11:38,880 --> 00:11:40,240 they're stacking those sats, right? 213 00:11:40,240 --> 00:11:42,320 They're not, they're not dumping them to dollars. 214 00:11:42,320 --> 00:11:44,640 So that's the bullish thing here, in my opinion. 215 00:11:45,320 --> 00:11:47,800 Absolutely. And of course, like, you know, 216 00:11:48,760 --> 00:11:52,760 we all work in showbiz, right? But when you have a president 217 00:11:53,160 --> 00:11:56,120 right there, you know, your hands a little bit more shaky 218 00:11:56,120 --> 00:12:00,160 than it normally would. But but yeah, maybe it maybe it 219 00:12:00,160 --> 00:12:04,440 caused a bad impression on Trump, but normally it works. 220 00:12:04,440 --> 00:12:07,800 Florida State anyway, so. The the best part was is like we 221 00:12:07,800 --> 00:12:09,480 brought a gift for you. It's like, yes, I want Bitcoin. 222 00:12:09,480 --> 00:12:12,160 I want. Bitcoin, he definitely knows. 223 00:12:12,160 --> 00:12:13,960 He definitely knows the things to say. 224 00:12:13,960 --> 00:12:16,600 In other news, we're going to talk about Congressman Warren 225 00:12:16,600 --> 00:12:23,080 Davidson continuing to just criticize Gary Gensler and his 226 00:12:23,080 --> 00:12:26,080 attack on self custody. We're also going to talk again 227 00:12:26,080 --> 00:12:30,080 about the RNC platform this year, about their promises about 228 00:12:30,320 --> 00:12:35,200 a the ending, the crackdown on the industry, supporting the 229 00:12:35,240 --> 00:12:38,360 right to self custody, the offend, the right to mine, and 230 00:12:38,360 --> 00:12:43,280 also opposing the creation of a central bank digital currency. 231 00:12:43,440 --> 00:12:47,840 The state of Louisiana becomes the first state to accept 232 00:12:47,840 --> 00:12:50,480 cryptocurrency payment. So we're going to get into the 233 00:12:50,480 --> 00:12:53,120 details of that. And of course, BlackRock 234 00:12:53,120 --> 00:12:58,040 released a report specifically mentioning all these things 235 00:12:58,040 --> 00:12:59,360 about they, they sound like bitcoiners. 236 00:12:59,360 --> 00:13:02,560 It's crazy, but we all have to be very, very wary because at 237 00:13:02,560 --> 00:13:06,240 the end of the day, they don't actually, you know, that what 238 00:13:06,240 --> 00:13:08,600 they're what they're recommending is Bitcoin, but 239 00:13:08,600 --> 00:13:12,040 what they're recommending is ETF Bitcoin, not spot Bitcoin. 240 00:13:12,040 --> 00:13:14,880 So that's something important to keep in mind. 241 00:13:15,080 --> 00:13:17,640 Anyways, during the culture segment we are going to, we are 242 00:13:17,640 --> 00:13:20,840 going to highlight Ben's new company beat Bitcoin mentor. 243 00:13:21,040 --> 00:13:23,880 We're also going to talk about Bitcoin circular economies and 244 00:13:23,880 --> 00:13:27,480 just interview the legend himself, BTC sessions. 245 00:13:27,480 --> 00:13:29,120 So guys, this is gonna be a great show. 246 00:13:29,120 --> 00:13:32,040 Stay tuned and for the guy for everyone who's watching now, 247 00:13:32,200 --> 00:13:34,160 make sure to smash that like button. 248 00:13:34,280 --> 00:13:38,480 Help us break 100 likes within the 1st 20 minutes of the show. 249 00:13:38,480 --> 00:13:41,080 And of course, if you guys are watching us on X rumble and 250 00:13:41,080 --> 00:13:43,880 Noster, we really appreciate it all our everyone watching us on 251 00:13:43,880 --> 00:13:47,200 Noster. We appreciate the the the zaps. 252 00:13:47,760 --> 00:13:50,160 Quite surprised how many we've been getting these last couple 253 00:13:50,160 --> 00:13:52,200 days. So we're gonna continue posting 254 00:13:52,200 --> 00:13:55,440 on Noster protocols over platforms. 255 00:13:55,520 --> 00:13:57,840 Anyways, before we get into the show, I do want to give a shout 256 00:13:57,840 --> 00:13:59,520 out to simply Bitcoin's lead sponsor. 257 00:13:59,520 --> 00:14:01,000 Of course I'm talking about Bitcoin. 258 00:14:01,000 --> 00:14:03,640 Well, Bitcoin well is the best place to build your automatic 259 00:14:03,640 --> 00:14:06,600 self custody Bitcoin stack. Buy real Bitcoin, enable your 260 00:14:06,600 --> 00:14:09,360 independence with the fastest and safest way to buy Bitcoin in 261 00:14:09,360 --> 00:14:11,480 Canada in the USA. 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Get your lightning wallets ready 272 00:14:38,760 --> 00:14:41,760 first person to scan the QR code as an opportunity to win up to 273 00:14:41,960 --> 00:14:46,440 1,000,000 satoshi. So today's prize is 500 sats. 274 00:14:46,440 --> 00:14:50,600 If you use promo code Simply BTC, again, Simply BTC to sign 275 00:14:50,600 --> 00:14:54,400 up to bitcoinwell.com today you get 3 tosses into the Bitcoin 276 00:14:54,400 --> 00:14:57,000 wishing well absolutely free. All right everybody, let's hit 277 00:14:57,000 --> 00:15:05,320 the numbers. Alright everybody. 278 00:15:05,320 --> 00:15:08,440 So usually when you buy a hardware wallet, it usually 279 00:15:08,440 --> 00:15:12,920 comes with a piece of paper, 1224 words and you're meant to 280 00:15:12,920 --> 00:15:14,840 write down your seed words on that piece of paper. 281 00:15:14,840 --> 00:15:17,840 The problem is paper is prone to water damage, fire damage. 282 00:15:17,840 --> 00:15:21,000 Your dog could eat it, which is exactly why you should get 283 00:15:21,000 --> 00:15:24,640 yourself a stamp seed. A stamp seed is a titanium seed 284 00:15:24,640 --> 00:15:28,280 phrase storage kit comes with everything you need to literally 285 00:15:28,280 --> 00:15:33,080 proof of work your seed into a piece of titanium. 286 00:15:33,880 --> 00:15:37,240 It comes with the hammer, it comes with the metal metal 287 00:15:37,240 --> 00:15:41,040 stamping tools. It comes with, it comes with the 288 00:15:41,040 --> 00:15:44,480 anvil, it comes with everything. And also they're offering a 289 00:15:44,520 --> 00:15:47,160 promo that's currently live right now. 290 00:15:47,440 --> 00:15:52,360 And if you buy more than $30.00 worth worth of products from 291 00:15:52,640 --> 00:15:57,680 stamp seed, you get a custom Bitcoin metal stamping tool. 292 00:15:57,880 --> 00:16:00,920 So comes with all the letters. But there there's a very there's 293 00:16:00,920 --> 00:16:05,880 a custom piece that comes with with with the stamp seed today. 294 00:16:05,880 --> 00:16:08,040 It's a special offer. You're not going to be able to 295 00:16:08,440 --> 00:16:11,800 get it later. Opti's showing it off right now. 296 00:16:12,120 --> 00:16:16,360 So if you go right now, hard to see you go right now and you get 297 00:16:16,360 --> 00:16:21,200 yourself a stamp seed kit today it will come show the show the B 298 00:16:21,200 --> 00:16:22,320 Opti. There we go. 299 00:16:22,640 --> 00:16:24,440 It won't zoom really. There it is. 300 00:16:24,440 --> 00:16:28,320 There it is. So today there's a special sale 301 00:16:28,320 --> 00:16:32,440 going on on stamp seed only today if you buy more than 302 00:16:32,440 --> 00:16:36,400 $30.00 worth worth of products, you get a limited edition 303 00:16:36,680 --> 00:16:41,400 Bitcoin letter stamping tool. So head over to stampse-ed.com 304 00:16:41,400 --> 00:16:45,400 today. Use promo code simply to get 15% 305 00:16:45,400 --> 00:16:48,480 off anything on their website. At the time of recording the 306 00:16:48,480 --> 00:16:56,120 Bitcoin price is 63,450 sats per dollar, 1576 Block height 307 00:16:56,120 --> 00:17:03,960 861,988 blocks to having 188,001 hundred 112 having estimate 308 00:17:03,960 --> 00:17:08,720 March 28, 2028 total lightning network capacity 5059 BTC 309 00:17:08,720 --> 00:17:12,880 capacity value roughly 321 million U.S. dollars, realized 310 00:17:12,880 --> 00:17:19,200 monetary inflation 1.36%, market capitalization 1.25 trillion and 311 00:17:19,200 --> 00:17:23,880 Bitcoin versus gold market cap 7.07%. 312 00:17:23,880 --> 00:17:27,319 In the grand scheme of things, we are just getting started. 313 00:17:27,520 --> 00:17:31,360 Anyways, I do want to show you guys a clip of Warren Davidson 314 00:17:31,360 --> 00:17:35,360 absolutely grilling and questioning Gary Gensler's 315 00:17:35,360 --> 00:17:37,400 leadership. This is the same Gary Gensler 316 00:17:37,600 --> 00:17:40,440 that did not want the Bitcoin ETF approved. 317 00:17:40,440 --> 00:17:44,000 It was only because of the pressure that was being mounted 318 00:17:44,000 --> 00:17:49,040 by BlackRock that they were able to finally get that through. 319 00:17:49,200 --> 00:17:52,360 By the way, I have a better image of the limited edition 320 00:17:52,480 --> 00:17:54,480 letter stamping tool from Stampede. 321 00:17:54,480 --> 00:17:57,480 Again, it's only available today if you head over to 322 00:17:57,480 --> 00:18:00,120 stampede.com. Use promo code simply. 323 00:18:00,120 --> 00:18:03,080 If you buy more than $30.00 worth of stuff, you'll get 324 00:18:03,080 --> 00:18:06,320 yourself one of these completely limited edition, limited 325 00:18:06,320 --> 00:18:07,680 edition. So they're scarce. 326 00:18:07,680 --> 00:18:11,040 Once they run out, they run out Anyway, so back to Warren 327 00:18:11,040 --> 00:18:12,800 Davidson. This is about a 4 minute clip. 328 00:18:12,800 --> 00:18:15,720 It's absolutely awesome and I just love clips where Gary 329 00:18:15,720 --> 00:18:17,360 Glenzer is getting absolutely wrecked. 330 00:18:17,360 --> 00:18:19,640 Let's check it out. Mr. Reiners, I hope no one's 331 00:18:19,640 --> 00:18:23,120 listening to you about this. Oh, sorry about that, ladies and 332 00:18:23,120 --> 00:18:23,880 gentlemen. Here we go. 333 00:18:23,880 --> 00:18:26,680 Let's try that one more time. Listening to you about this 334 00:18:26,680 --> 00:18:29,880 market, especially as a student trying to understand the space, 335 00:18:30,920 --> 00:18:33,280 it's over a trillion dollars just for Bitcoin. 336 00:18:33,360 --> 00:18:37,440 The markets over $2 trillion. Clearly lots of consumers find 337 00:18:37,440 --> 00:18:40,360 value in this space. And frankly, the idea that you 338 00:18:40,360 --> 00:18:43,080 could point out that there's only one time that the SEC was 339 00:18:43,080 --> 00:18:46,200 even partially wrong has to be willful ignorance. 340 00:18:46,200 --> 00:18:48,480 I mean, I don't know how it could be anything other than 341 00:18:48,480 --> 00:18:49,320 deceit. I don't. 342 00:18:49,560 --> 00:18:53,040 It's hard for me to understand because on August 29th, 2023, 343 00:18:53,480 --> 00:18:56,520 the Circuit Court upheld the position that the SEC violated 344 00:18:56,520 --> 00:18:59,960 the Administrative Procedures Act when it denied Grayscale's 345 00:18:59,960 --> 00:19:05,040 application to convert Grayscale Bitcoin Trust into a Bitcoin 346 00:19:05,360 --> 00:19:08,320 ETP. Following that decision, the SEC 347 00:19:08,320 --> 00:19:12,040 waited until January of 2024 to actually approve the conversion. 348 00:19:12,440 --> 00:19:19,560 And they basically was a was a pure review of of the actions. 349 00:19:19,640 --> 00:19:22,840 If you look at Debt box, another pure review, lawyers would 350 00:19:22,840 --> 00:19:26,960 normally get disbarred for the conduct of SEC in the debt box 351 00:19:26,960 --> 00:19:29,360 case. So there are lots of cases where 352 00:19:29,360 --> 00:19:31,760 they've been caught and told that they were wrong by the 353 00:19:31,760 --> 00:19:35,040 courts, and the market continues to reinforce that there really 354 00:19:35,040 --> 00:19:37,800 is value. Just looking at at Bitcoin 355 00:19:37,800 --> 00:19:42,880 alone, people right now believe that it's a secure way to store 356 00:19:42,880 --> 00:19:47,120 value with a level of confidence of around $60,000. 357 00:19:48,320 --> 00:19:51,440 I mean, that's a, a new security product on the market that you 358 00:19:51,440 --> 00:19:57,120 could digitally secure a unit of value and people believe in it 359 00:19:57,120 --> 00:20:01,240 enough to put almost $60,000 into one unit of measure in a 360 00:20:01,240 --> 00:20:03,080 Bitcoin. And they don't just want to 361 00:20:03,080 --> 00:20:05,920 store it there, they want to be able to transfer it in a 362 00:20:05,920 --> 00:20:09,200 permissionless peer-to-peer way. So if you read the Bitcoin white 363 00:20:09,200 --> 00:20:13,240 paper available at bitcoin.org, you could see the concept even 364 00:20:13,240 --> 00:20:16,040 if you just read the abstract. It's not just meant to be parked 365 00:20:16,040 --> 00:20:18,240 there or speculated on. It's meant to be able to. 366 00:20:18,840 --> 00:20:23,760 Be moved in a permissionless way and we don't know how much of 367 00:20:23,760 --> 00:20:29,080 that trillion dollars of market cap in Bitcoin is self custody 368 00:20:29,080 --> 00:20:34,080 versus third party custody. But the SEC under Gary Gensler's 369 00:20:34,080 --> 00:20:37,720 leadership has willfully undermined the ability for 370 00:20:37,720 --> 00:20:42,800 anyone to custody digital assets, not just Bitcoin but the 371 00:20:42,800 --> 00:20:46,520 rest of the space as well. So they've decided that if they 372 00:20:46,520 --> 00:20:52,000 can't completely end the entire space, they want to push custody 373 00:20:52,000 --> 00:20:56,080 of it to some third party that they can control or manipulate. 374 00:20:56,080 --> 00:21:00,040 They certainly don't want individual American citizens to 375 00:21:00,040 --> 00:21:04,320 custody their own wealth and be able to move it amongst others. 376 00:21:04,600 --> 00:21:11,960 So Mr. Fazzaro, when, when, when you look at this space and the 377 00:21:11,960 --> 00:21:17,560 special purpose broker dealer path that we saw people saying 378 00:21:17,680 --> 00:21:21,000 we'd love to try to custody digital assets for others. 379 00:21:21,240 --> 00:21:24,160 What kind of problems did you find with the current framework 380 00:21:24,240 --> 00:21:30,080 offered by Mr. Gensler? A few of the challenges related 381 00:21:30,080 --> 00:21:34,600 to this framework are that relate specifically to Bitcoin 382 00:21:34,600 --> 00:21:37,200 and crypto exchange traded products that I can mention. 383 00:21:38,640 --> 00:21:43,360 One is that as an issuer an offer of the someone who wants 384 00:21:43,360 --> 00:21:48,200 to offer these products. The larger and well established 385 00:21:48,200 --> 00:21:52,520 custody banks that typically participate in custody of assets 386 00:21:52,520 --> 00:21:56,560 in collective investment vehicles are effectively barred 387 00:21:56,840 --> 00:22:00,400 from participating in the space. They don't have a way to bring 388 00:22:00,400 --> 00:22:04,080 custody services to the market. That's one challenge. 389 00:22:04,440 --> 00:22:07,600 A second one that I'd like to mention is that in the ETF 390 00:22:07,600 --> 00:22:11,320 structure itself or the ETP structure itself, typically the 391 00:22:11,320 --> 00:22:15,880 funds have a creation of redemption mechanism that works 392 00:22:15,880 --> 00:22:19,600 through what is known as an in kind process where the fund 393 00:22:19,600 --> 00:22:24,440 exchanges shares in in exchange for the underlying asset itself. 394 00:22:25,000 --> 00:22:28,560 Because broker dealers are not able to handle Bitcoin and 395 00:22:28,560 --> 00:22:33,560 crypto, we can't have that type of mechanism in the exchange 396 00:22:33,560 --> 00:22:35,320 trader. Is that a consistent way that 397 00:22:35,320 --> 00:22:37,640 it's applied for ETP ETF products? 398 00:22:37,800 --> 00:22:39,280 Are they treating this differently? 399 00:22:40,800 --> 00:22:44,280 In in overseas jurisdictions, we have in kind transactions that 400 00:22:44,280 --> 00:22:48,040 occur in ETFs and Etps, but it's consistently applied here in 401 00:22:48,040 --> 00:22:50,320 that we're not able to bring that type of structure to 402 00:22:50,320 --> 00:22:53,360 market, which is the thing that we we think slightly increases 403 00:22:53,360 --> 00:22:57,240 cost for end users. So I mean, like again, it's the 404 00:22:57,240 --> 00:23:01,760 continuation of Operation Choke .2 point O and the continuation 405 00:23:01,760 --> 00:23:05,000 of like, OK, maybe we can't ban this thing outright, but if we 406 00:23:05,000 --> 00:23:08,520 ban self custody, it still achieves the same thing. 407 00:23:08,520 --> 00:23:12,520 And you could still see them doing this in the background, 408 00:23:12,560 --> 00:23:14,840 right? And this leads me to the 409 00:23:14,840 --> 00:23:16,840 importance of this year's election. 410 00:23:16,840 --> 00:23:21,800 So we have one party that is anti Bitcoin, pro CBDC and we 411 00:23:21,800 --> 00:23:26,080 have another party who is pro Bitcoin, anti CDC. 412 00:23:26,080 --> 00:23:29,920 And now that RFK has bowed out out of the race and supported 413 00:23:29,920 --> 00:23:32,840 Donald Trump, it's literally it's a two party system. 414 00:23:33,000 --> 00:23:35,960 I know it's not perfect. I know Trump is not a pure 415 00:23:35,960 --> 00:23:38,880 Bitcoin maxi. He supports Bitcoin and crypto. 416 00:23:38,880 --> 00:23:42,520 I know that's unpopular with a lot of Bitcoiners, but the the 417 00:23:42,520 --> 00:23:46,040 other option I think is terrible as highlighted in that clip. 418 00:23:46,280 --> 00:23:49,680 And just to continue the continuation of this this attack 419 00:23:49,680 --> 00:23:51,880 on the industry. So this is the official 420 00:23:51,880 --> 00:23:55,960 Republican Party platform on #5 it says champion innovation 421 00:23:55,960 --> 00:23:57,960 specific. There's a specific part that 422 00:23:57,960 --> 00:24:01,720 focuses on Bitcoin and crypto and it says Republicans will end 423 00:24:01,720 --> 00:24:04,640 Democrats unlawful and UN American crypto crackdown and 424 00:24:04,840 --> 00:24:07,320 oppose the creation of a central bank digital currency. 425 00:24:07,320 --> 00:24:10,200 We will defend the right to mine Bitcoin and ensure every 426 00:24:10,200 --> 00:24:13,200 American has a right to self custody of their digital assets 427 00:24:13,480 --> 00:24:16,200 and transact free from government surveillance and 428 00:24:16,200 --> 00:24:18,840 control. So it's very, very clear there. 429 00:24:19,400 --> 00:24:21,840 I know it's very uncomfortable for a lot of people having this 430 00:24:21,840 --> 00:24:23,840 conversation. And the reason for that is 431 00:24:23,840 --> 00:24:26,160 because I think politics are divisive. 432 00:24:26,160 --> 00:24:28,360 I think by definition they're divisive. 433 00:24:28,360 --> 00:24:32,480 It's the organization of power. But what I would say is, 434 00:24:32,480 --> 00:24:35,200 remember Bitcoin is a separation of money and state. 435 00:24:35,200 --> 00:24:37,120 Bitcoin fixes a lot of these problems. 436 00:24:37,120 --> 00:24:41,400 So it's important to put Bitcoin over party and we have two clear 437 00:24:41,400 --> 00:24:44,360 choices ahead of us in this upcoming election in the United 438 00:24:44,360 --> 00:24:47,520 States in November. And I got to say, you know, I 439 00:24:47,520 --> 00:24:50,360 would rather vote for Trump. That's not perfect. 440 00:24:50,520 --> 00:24:57,120 Then vote for the Kamala Harris that will continue their crusade 441 00:24:57,120 --> 00:24:59,560 against the industry as highlighted right there. 442 00:24:59,560 --> 00:25:01,120 You, you, you saw Warren Davidson. 443 00:25:01,120 --> 00:25:03,840 He he, he identified it. He's like, look, even if they 444 00:25:03,840 --> 00:25:07,320 don't get rid of digital assets altogether, they're going to go 445 00:25:07,320 --> 00:25:09,320 after self custody. And the reason for that is 446 00:25:09,320 --> 00:25:12,800 simple. They don't want for people to be 447 00:25:12,800 --> 00:25:15,840 able to hold money of which they can't debase. 448 00:25:16,040 --> 00:25:18,560 That's fundamentally what it comes down to. 449 00:25:18,560 --> 00:25:21,240 But this doesn't surprise me. This is the separation of money 450 00:25:21,240 --> 00:25:22,840 and say this is what it's all about. 451 00:25:23,000 --> 00:25:26,880 But we now have the ability to do something about it as 452 00:25:26,880 --> 00:25:29,120 bitcoiners become part of the donor class. 453 00:25:29,400 --> 00:25:32,760 And if Trump does get elected, I think it will be very, very 454 00:25:32,760 --> 00:25:36,480 positive from a regulatory perspective for Bitcoin and 455 00:25:36,480 --> 00:25:39,280 Bitcoin businesses in the US. Anyways, I'm gonna pass it on to 456 00:25:39,280 --> 00:25:42,280 Ben. Ben, similar in Canada in the 457 00:25:42,280 --> 00:25:46,840 sense that right, you had Trudeau, the the famous Canadian 458 00:25:46,840 --> 00:25:49,080 truckers protest, which you're a part of. 459 00:25:49,280 --> 00:25:53,520 And then you have Poli Rare who's running and he has a pro 460 00:25:53,520 --> 00:25:56,040 Bitcoin stance as well. So this isn't just AUS 461 00:25:56,040 --> 00:25:58,120 phenomenon. This is happening on a global 462 00:25:58,120 --> 00:26:03,520 level. Yeah, and and, and we so Polyev 463 00:26:03,520 --> 00:26:08,960 came out relatively early in in support of Bitcoin and, and you 464 00:26:08,960 --> 00:26:13,600 could you could see him as he navigated the waters of Bitcoin 465 00:26:13,600 --> 00:26:15,600 and crypto. And actually he, he kind of went 466 00:26:15,600 --> 00:26:18,920 the opposite direction of Trump in that he started specifying 467 00:26:18,920 --> 00:26:22,480 Bitcoin specifically of what he he likes. 468 00:26:22,600 --> 00:26:25,760 He's, he's a very free market type person, but he does, he 469 00:26:25,760 --> 00:26:29,960 does have a preference of what he likes and to, to Trump's 470 00:26:30,000 --> 00:26:33,240 burger. I'll, I'll see Trump's burger 471 00:26:33,240 --> 00:26:36,360 and I'll raise you a future Prime Minister of Canada that 472 00:26:36,360 --> 00:26:39,160 bought shawarma at Tahini's with Bitcoin. 473 00:26:39,720 --> 00:26:43,600 So, so yeah, he, he's very likely to be the next Prime 474 00:26:43,600 --> 00:26:45,720 Minister of Canada. So are you saying that Poli bear 475 00:26:45,720 --> 00:26:49,800 he front ran Trump he. Did he definitely did, yeah, 476 00:26:49,840 --> 00:26:52,680 because that was a few years ago that he was buying shawarma at 477 00:26:52,680 --> 00:26:58,800 Tahini's in Ontario. And and yeah, I mean, he, he, I 478 00:26:58,800 --> 00:27:03,560 don't know that he'll, he'll be, that he'll make sweeping 479 00:27:03,560 --> 00:27:06,480 regulatory changes that are, you know, like we're not going to 480 00:27:06,480 --> 00:27:08,960 have legal tender Bitcoin in, in Canada. 481 00:27:09,160 --> 00:27:13,080 However, what I'll say in in what you're talking about, well, 482 00:27:13,080 --> 00:27:19,800 you've got a binary choice here. You want as much runway as you 483 00:27:19,800 --> 00:27:24,600 can to build out the tools so that people can self custody, so 484 00:27:24,600 --> 00:27:27,840 people can continue to transact in a permissionless manner 485 00:27:27,840 --> 00:27:31,680 because at at some point all these tools become too difficult 486 00:27:32,000 --> 00:27:36,560 to crack down upon. But if we can get more time and 487 00:27:36,560 --> 00:27:40,440 yes, if it, if that comes with like a side of crypto, 488 00:27:40,440 --> 00:27:44,520 unfortunately, you know, I prefer that to throwing devs in 489 00:27:44,520 --> 00:27:46,160 jail. So that's those are a choice. 490 00:27:46,200 --> 00:27:49,120 100% right, It is pretty black and white in my opinion. 491 00:27:49,400 --> 00:27:52,160 OPT Do you want to chime in real quick before we move on to news 492 00:27:52,160 --> 00:27:55,680 because we have a lot to cover? Yeah, well, first and foremost, 493 00:27:55,680 --> 00:27:58,720 shouts out to Lauren Davidson. He's been on the beat for a long 494 00:27:58,720 --> 00:28:02,880 time and I think he is without a doubt a bitcoiner. 495 00:28:02,880 --> 00:28:06,000 He's definitely done his homework and love to see that he 496 00:28:06,000 --> 00:28:09,200 is in that position and actively fighting for the Bitcoin 497 00:28:09,200 --> 00:28:11,600 industry. So love to see that. 498 00:28:11,600 --> 00:28:16,480 Second, I've said it before, I think it was very obvious who 499 00:28:16,480 --> 00:28:18,240 Gary Gensler was actually working for. 500 00:28:18,320 --> 00:28:22,360 Everyone knows that he was an MIT professor doing a Bitcoin 501 00:28:22,360 --> 00:28:25,600 and blockchain class. And then he becomes the head of 502 00:28:25,600 --> 00:28:30,320 the SEC and he basically actively fought to stop the 503 00:28:30,320 --> 00:28:32,800 Bitcoin ETF as far as everyone was concerned. 504 00:28:33,040 --> 00:28:36,200 It looked like he was, you know, telling the line for some people 505 00:28:36,200 --> 00:28:38,520 above him. So that's why he gets a lot of 506 00:28:38,560 --> 00:28:42,160 really bad rap. And then the Republican versus 507 00:28:42,160 --> 00:28:43,960 Democrat party. I've said it before, you know, 508 00:28:44,040 --> 00:28:45,840 either way, all roads lead to Bitcoin. 509 00:28:45,840 --> 00:28:48,640 We will accelerate towards Bitcoin adoption whoever gets in 510 00:28:48,640 --> 00:28:50,880 power. I think the four year cycle is 511 00:28:50,880 --> 00:28:53,640 still intact. But when you really kind of look 512 00:28:53,640 --> 00:28:57,920 at both sides, it seems to be 1 is anti Bitcoin pro CBDC and the 513 00:28:57,920 --> 00:29:00,800 other one, and it may not be perfect, but it's pro Bitcoin 514 00:29:00,800 --> 00:29:03,960 and shit coins and wants to accelerate Bitcoin adoption. 515 00:29:04,200 --> 00:29:08,360 So it's all going towards hyper bitcoinization at some point. 516 00:29:08,560 --> 00:29:11,640 But actually before I move on, sorry, Nico Sessions, you 517 00:29:11,640 --> 00:29:13,800 reminded me, did we ever get one? 518 00:29:13,800 --> 00:29:15,440 And maybe I, you know, I have a bad memory. 519 00:29:15,440 --> 00:29:16,720 I have a goldfish memory here guys. 520 00:29:16,920 --> 00:29:20,960 But did we ever see a video of Naibu Kelly doing transactions 521 00:29:20,960 --> 00:29:23,520 with Bitcoin? Because that was one of the big 522 00:29:23,520 --> 00:29:25,600 criticisms that people were saying of Trump. 523 00:29:25,600 --> 00:29:27,320 He's like, oh, he didn't actually do it. 524 00:29:27,520 --> 00:29:30,160 And then I was thinking, I'm like, yeah, and yet we love 525 00:29:30,160 --> 00:29:33,120 Naibu Kelly, but I don't remember him actually doing like 526 00:29:33,120 --> 00:29:34,920 a video. You know, obviously a political 527 00:29:34,920 --> 00:29:39,320 campaign, a political op in doing a transaction, but I don't 528 00:29:39,560 --> 00:29:42,400 that interesting. I, I don't recall seeing that 529 00:29:42,400 --> 00:29:45,600 also like they're, they're pushing the, the Chivo wallet 530 00:29:45,600 --> 00:29:48,480 down there, which it, it, it had its issues out the gate. 531 00:29:48,480 --> 00:29:53,480 So I feel like that demo would have been rockier than than 532 00:29:53,480 --> 00:29:54,640 Trump's. Just there. 533 00:29:54,760 --> 00:29:57,080 So yeah, no, I don't recall having seen it. 534 00:29:57,080 --> 00:29:58,120 I don't know. Nico, do you remember? 535 00:29:59,000 --> 00:30:02,560 I don't recall, but what I will say is I'm going to give Naimbu 536 00:30:02,560 --> 00:30:04,760 Kayla a free pass here. And the reason for that is 537 00:30:04,760 --> 00:30:07,560 simple. I was able to when I landed in 538 00:30:07,560 --> 00:30:10,400 El Salvador, you pay a customs fee and I was able to pay that 539 00:30:10,400 --> 00:30:14,280 customs fee in Bitcoin on chain or Lightning. 540 00:30:14,280 --> 00:30:16,000 It was it was absolutely surreal. 541 00:30:16,280 --> 00:30:20,680 And he did make Bitcoin legal tender, so I'm. 542 00:30:20,800 --> 00:30:23,760 Gonna give a naive but this was more on people talk. 543 00:30:23,760 --> 00:30:26,400 I'm gonna give him that moment. I'm gonna give him a free pass. 544 00:30:26,400 --> 00:30:29,960 But anyways, I guys I do. I got more information. 545 00:30:30,000 --> 00:30:32,040 You guys have been waiting to get the stamp seed. 546 00:30:32,040 --> 00:30:37,400 Today is the only day you will be able to you will be able to 547 00:30:37,400 --> 00:30:43,600 get the limited edition Bitcoin stamping tool and it looks like 548 00:30:43,600 --> 00:30:46,960 this when you stamp it into the plate and there are there are 549 00:30:46,960 --> 00:30:50,760 only there's only 30. So the first 30 people that buy 550 00:30:50,760 --> 00:30:54,760 the stamp seed today using promo code simply are going to get the 551 00:30:54,760 --> 00:30:57,880 limited edition Bitcoin stamping tool. 552 00:30:58,040 --> 00:30:59,680 All right everybody let's get to the news. 553 00:30:59,680 --> 00:31:01,320 We have a lot to talk about. Let's check it out. 554 00:31:01,320 --> 00:31:05,400 Here we go. Very special shout out to our 555 00:31:05,400 --> 00:31:09,000 sponsor, Compass Mining. 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It's also air gaps, meaning 577 00:32:28,240 --> 00:32:32,000 Bitcoin stays offline, never touching an Internet connection. 578 00:32:32,240 --> 00:32:36,200 It's Bitcoin only open source, verifiable air gap security 579 00:32:36,200 --> 00:32:39,280 model, gorgeous design craft premium grade materials. 580 00:32:39,440 --> 00:32:43,480 Get your Bitcoin off exchanges and into your own hands in just 581 00:32:43,480 --> 00:32:47,760 a few minutes with passport at foundation dot XYZ slash Simply 582 00:32:48,000 --> 00:32:51,480 get Peace of Mind for your piece of Bitcoin. 583 00:32:52,000 --> 00:32:54,080 We have a special promo for you guys. 584 00:32:54,080 --> 00:32:56,000 Opti's going to model it off right now. 585 00:32:56,000 --> 00:33:00,200 Opti please If you use the promo code simply you will get a 586 00:33:00,200 --> 00:33:04,000 discount to a passport by foundation devices hardware 587 00:33:04,000 --> 00:33:05,800 wallet. Incredibly easy to use Bitcoin 588 00:33:05,800 --> 00:33:10,120 only and open source again, promo code simply get yourself a 589 00:33:10,120 --> 00:33:12,000 hardware wallet today. Thank you, Opti. 590 00:33:12,800 --> 00:33:17,480 All right, so today's news is Louisiana State government 591 00:33:17,480 --> 00:33:19,920 accepts first cryptocurrency payment. 592 00:33:20,600 --> 00:33:24,000 Louisiana State Treasurer John Fleming announces an innovative 593 00:33:24,000 --> 00:33:27,320 transition with state government's plan to accept 594 00:33:27,440 --> 00:33:30,080 cryptocurrency as a valid form of payment. 595 00:33:30,200 --> 00:33:33,480 You can't have it both ways. You can't say Bitcoin isn't 596 00:33:33,480 --> 00:33:36,400 money and then say, hey, we're going to accept it as a form of 597 00:33:36,400 --> 00:33:39,160 payment, right? You can't pick and choose which 598 00:33:39,160 --> 00:33:42,720 laws are convenient anyways. Allowing the integration of 599 00:33:42,720 --> 00:33:45,560 digital currency into Louisiana's public operations, 600 00:33:45,560 --> 00:33:48,920 Louisiana residents will now have the option to pay for state 601 00:33:48,920 --> 00:33:51,920 services with their private secure crypto wallets. 602 00:33:52,680 --> 00:33:56,040 These popular type of currencies will be accepted Bitcoin, 603 00:33:56,080 --> 00:33:59,280 Bitcoin, Lightning and USD coin. That that that isn't 604 00:33:59,360 --> 00:34:02,200 cryptocurrency payments, that is Bitcoin and that is Lightning. 605 00:34:02,200 --> 00:34:06,560 I'm so that is crazy that they're accepting Lightning off 606 00:34:06,560 --> 00:34:08,920 the gate. Hopefully, it will go a little 607 00:34:08,920 --> 00:34:12,679 bit smoother than the Trump one. In fact, the first 608 00:34:12,679 --> 00:34:16,040 cryptocurrency payment was made today to the Louisiana 609 00:34:16,040 --> 00:34:18,159 Department of Wildlife and Fisheries. 610 00:34:18,280 --> 00:34:21,760 Fisheries, a unique service, converts incoming cryptocurrency 611 00:34:21,760 --> 00:34:25,199 payments, depositing U.S. dollar amounts into state government 612 00:34:25,199 --> 00:34:28,120 accounts like a credit slot or debit card transaction. 613 00:34:28,320 --> 00:34:31,040 The service protects the state from previous worries about 614 00:34:31,040 --> 00:34:34,520 accepting cryptocurrency and promotes the adoption of new 615 00:34:34,520 --> 00:34:37,239 technologies in the state's infrastructure. 616 00:34:37,400 --> 00:34:39,679 I mean, again, this is a continuation of the trend. 617 00:34:39,840 --> 00:34:44,480 This happens literally, I think the day before Trump did that 618 00:34:44,480 --> 00:34:47,480 transaction. So just imagine five years from 619 00:34:47,480 --> 00:34:50,880 now where we'll be. And it makes me incredibly, 620 00:34:50,880 --> 00:34:53,000 incredibly bullish. Anyways, you guys want to 621 00:34:53,000 --> 00:34:55,920 comment on this before we move on to the BlackRock news. 622 00:34:55,920 --> 00:35:00,440 Ben. Yeah, so I, I I do find it funny 623 00:35:00,440 --> 00:35:02,240 though, the following cryptocurrencies will be 624 00:35:02,240 --> 00:35:05,040 accepted Bitcoin, Bitcoin Lightning as if they're like 625 00:35:05,040 --> 00:35:07,680 different, different currencies and and USD coin. 626 00:35:07,920 --> 00:35:12,520 So I'm I'm I'm torn on this because on one hand I'm I, you 627 00:35:12,520 --> 00:35:17,200 know, I'm not a fan of giving Bitcoin to governments, But on 628 00:35:17,200 --> 00:35:21,320 the other side of things, I will say that for somebody, you know, 629 00:35:21,320 --> 00:35:25,240 if somebody's like like myself, a crazy person living on 630 00:35:25,240 --> 00:35:29,040 Bitcoin, things like this where you can just like get your bills 631 00:35:29,040 --> 00:35:31,960 out of the way and just easily pay with Bitcoin and via 632 00:35:31,960 --> 00:35:34,160 lightning from anywhere on the planet, even if you're 633 00:35:34,160 --> 00:35:37,120 travelling, you can like ZAP and pay a bill or something like 634 00:35:37,120 --> 00:35:39,920 that. That is, that is a step above 635 00:35:39,920 --> 00:35:45,040 and beyond and it's, it's a, a, a huge step forward over the 636 00:35:45,040 --> 00:35:47,160 legacy system. So I I think that's important. 637 00:35:47,680 --> 00:35:53,800 100% and and one of the things I I found curious as well is that 638 00:35:53,800 --> 00:35:56,280 they're converting it to Fiat immediately. 639 00:35:56,480 --> 00:35:59,160 So it's like, yeah, we'll accept your Bitcoin, but we're going to 640 00:35:59,160 --> 00:36:02,800 convert it back to we're going to convert it back to something 641 00:36:02,800 --> 00:36:07,200 that we can just print money out of thin air of Yeah, I mean, I 642 00:36:07,200 --> 00:36:09,920 agree with you. It's like don't give money to 643 00:36:09,920 --> 00:36:12,560 the state, but at the same time the state is immediately 644 00:36:12,560 --> 00:36:16,200 converting it back to Fiat, which is absolutely hilarious. 645 00:36:16,200 --> 00:36:20,320 Anyways, Opti, what's your take on this yellow Opti cane some 646 00:36:20,320 --> 00:36:22,440 muscle mass. We got yellow in the house. 647 00:36:23,040 --> 00:36:27,280 Yellow is the CEO of Bitcoin. He is Satoshi. 648 00:36:27,400 --> 00:36:32,240 So any price movements are one hundred 100% caused by yellow. 649 00:36:33,040 --> 00:36:35,800 So if you guys have any complaints or anything at all 650 00:36:35,800 --> 00:36:39,960 about Bitcoin's price, please, you know, tag yellow or message 651 00:36:39,960 --> 00:36:41,760 yellow on Twitter. That's a joke. 652 00:36:41,760 --> 00:36:44,240 But anyways, Opti, what's your take on this? 653 00:36:44,440 --> 00:36:47,400 I mean, it is bullish in the sense that I think we get the 654 00:36:47,400 --> 00:36:50,720 best of both worlds, right? Louisiana's accepting Bitcoin as 655 00:36:50,720 --> 00:36:53,880 payment and lightning as payment, and they're selling it 656 00:36:53,880 --> 00:36:57,760 immediately. So like, you know, I think we 657 00:36:57,760 --> 00:36:59,920 get the best of both worlds as Bitcoiners here. 658 00:37:00,680 --> 00:37:03,760 Yeah, I have to double down on the same thing that session 659 00:37:03,760 --> 00:37:06,120 said. I'm not a fan of giving 660 00:37:06,120 --> 00:37:09,840 governments your Bitcoin, but I think it does go to show that 661 00:37:09,840 --> 00:37:11,600 the Bitcoin industry is maturing. 662 00:37:11,760 --> 00:37:14,320 I know one of the big flood lines that I hear all the time 663 00:37:14,320 --> 00:37:17,000 is that classic like, oh, well, you can't buy things with 664 00:37:17,000 --> 00:37:21,480 Bitcoin or, you know, wait until a government is is taking 665 00:37:21,480 --> 00:37:23,480 Bitcoin for taxes and then we'll talk. 666 00:37:23,680 --> 00:37:27,080 Well, it seems like that point and we've, we're there like 667 00:37:27,080 --> 00:37:30,320 we've crossed that bridge now. And yeah, hey, if they want to 668 00:37:30,320 --> 00:37:33,320 convert, get back to Fiat, like have fun staying poor. 669 00:37:33,320 --> 00:37:37,480 I guess there's still a lot of room to go in terms of education 670 00:37:37,480 --> 00:37:40,680 and teaching people that you want to store the Bitcoin, not 671 00:37:40,680 --> 00:37:44,240 just receive it as payments. But hey, we'll take baby steps. 672 00:37:44,240 --> 00:37:46,640 We'll take baby steps here. And people have to learn this. 673 00:37:46,640 --> 00:37:50,040 So over time, more and more people will learn this, more and 674 00:37:50,040 --> 00:37:52,040 more nations will learn this, more and more states will learn 675 00:37:52,040 --> 00:37:54,000 this. So hopefully more states do 676 00:37:54,000 --> 00:37:57,360 follow. And it really, it really goes to 677 00:37:57,360 --> 00:38:01,640 the next question of how are they going to beat Bitcoin in 678 00:38:01,640 --> 00:38:05,160 returns in, in terms of capital gains tax and all that stuff. 679 00:38:05,400 --> 00:38:07,480 People were kind of saying the same thing with the Trump 680 00:38:08,040 --> 00:38:11,080 transactions, like did he play, did he pay cap gains on that 681 00:38:11,080 --> 00:38:12,880 transaction? What's going on here? 682 00:38:13,120 --> 00:38:16,440 So I think it's it's interesting developments and we're going to 683 00:38:16,440 --> 00:38:21,400 see more and more data points of seeing States and countries try 684 00:38:21,400 --> 00:38:24,520 to figure out how to actually deal with Bitcoin since it is a 685 00:38:24,520 --> 00:38:27,960 whole new money tech. There is a learning curve and it 686 00:38:27,960 --> 00:38:32,000 seems like we're still in the early fax days, the AOL Internet 687 00:38:32,000 --> 00:38:34,880 days. But hey, we'll take slowly but 688 00:38:34,880 --> 00:38:38,760 surely over, you know, catastrophe here any day. 689 00:38:38,760 --> 00:38:41,400 So I think this is, this is, I don't know if I'd say bullish 690 00:38:41,400 --> 00:38:45,320 Nico, but I think this is, this is good signal that things are 691 00:38:45,320 --> 00:38:49,000 improving and politicians and regulators and people in power 692 00:38:49,000 --> 00:38:53,040 are at least at the very lowest terms looking at Bitcoin 693 00:38:53,040 --> 00:38:57,200 differently because it it is maturing. 100% also shout out to 694 00:38:57,200 --> 00:39:01,600 the 1000 of you guys watching live between YouTube Rumble X 695 00:39:01,600 --> 00:39:03,200 and Noster. If you guys are enjoying the 696 00:39:03,200 --> 00:39:05,880 show, make sure to smash the like button, share the video and 697 00:39:05,880 --> 00:39:07,720 Noster. We appreciate all the zaps 698 00:39:07,720 --> 00:39:10,760 coming in Anyways everybody before we move on to the 699 00:39:10,760 --> 00:39:14,400 culture, I just want to talk about Blackrock's presentation 700 00:39:14,400 --> 00:39:16,840 that they released a couple days days ago. 701 00:39:16,840 --> 00:39:20,280 The name of the presentation for the audio listeners is Bitcoin, 702 00:39:20,320 --> 00:39:24,280 a unique diversifier. Why Bitcoins appeal to investors 703 00:39:24,280 --> 00:39:28,760 lies and it's detached from traditional risks and return 704 00:39:28,880 --> 00:39:30,000 drivers. That's right, ladies and 705 00:39:30,000 --> 00:39:31,840 gentlemen. That was BlackRock that said 706 00:39:31,840 --> 00:39:35,000 that not too long ago. They're talking about ESG. 707 00:39:35,200 --> 00:39:37,120 You know, Bitcoin really does fix things, I guess. 708 00:39:37,320 --> 00:39:41,000 Anyways, it goes on to say key points number one, investors 709 00:39:41,000 --> 00:39:43,720 considering allocating to Bitcoin are grappling with how 710 00:39:43,720 --> 00:39:46,600 to analyze it relative to traditional financial assets 711 00:39:46,600 --> 00:39:49,560 given Bitcoin's unique properties and limited history. 712 00:39:49,560 --> 00:39:53,520 2 Bitcoin, with its high volatility, is obviously a quote 713 00:39:53,560 --> 00:39:56,120 risky asset on a stand alone basis. 714 00:39:56,280 --> 00:39:59,440 However, most of the risk and potential return drivers Bitcoin 715 00:39:59,440 --> 00:40:02,920 faces are fundamentally different from traditional risky 716 00:40:02,920 --> 00:40:06,840 assets, making it unfitting for most traditional finance 717 00:40:06,840 --> 00:40:09,800 frameworks, including the quote risk on and. 718 00:40:09,880 --> 00:40:13,360 Risk off framework employed by some macro commentators. 719 00:40:13,560 --> 00:40:17,760 That line is so important because this isn't a report 720 00:40:17,760 --> 00:40:22,480 coming from a rando on Twitter. This is coming from BlackRock 721 00:40:22,800 --> 00:40:26,040 and this is being shown to all the wealth management banks. 722 00:40:26,040 --> 00:40:28,840 This is being that this report is being read by everyone and 723 00:40:28,840 --> 00:40:31,680 they're literally telling you this is not a risk on asset. 724 00:40:31,680 --> 00:40:34,640 You can't treat it as such. This is a completely different 725 00:40:34,640 --> 00:40:38,080 asset. Key point #3 Bitcoins nature as 726 00:40:38,080 --> 00:40:41,040 a scarce non sovereign, non sovereign. 727 00:40:41,200 --> 00:40:44,760 The centralized global asset has caused some investors to 728 00:40:44,760 --> 00:40:48,600 consider it as a flight to safety option in times of fear 729 00:40:48,800 --> 00:40:52,920 and fear and around certain geopolitically disruptive events 730 00:40:53,080 --> 00:40:57,720 #4 over the long term, Bitcoin adoption trajectory is likely to 731 00:40:57,720 --> 00:41:01,480 be driven by the intensity of concerns over global monetary 732 00:41:01,480 --> 00:41:04,840 stability, geopolitical stability, US fiscal 733 00:41:04,840 --> 00:41:07,720 sustainability. Dude this is crazy that 734 00:41:07,720 --> 00:41:09,720 BlackRock is. They're basically saying, like, 735 00:41:09,920 --> 00:41:13,160 look, Bitcoin's gonna go up forever, Laura, because the US 736 00:41:13,160 --> 00:41:15,880 government is putting too much money and US political 737 00:41:15,880 --> 00:41:17,800 stability. This is an inverse of the 738 00:41:17,800 --> 00:41:20,960 relationship that is generally attributed to traditional risk 739 00:41:20,960 --> 00:41:23,160 assets with respect to such forces. 740 00:41:23,400 --> 00:41:26,840 That is so insane because they're basically saying like, 741 00:41:26,840 --> 00:41:32,560 look guys, even if the US political situation and the 742 00:41:32,560 --> 00:41:36,400 fiscal situation gets worse in the US, that's actually good for 743 00:41:36,400 --> 00:41:38,200 Bitcoin and that makes number go up. 744 00:41:38,640 --> 00:41:41,720 And again, this is BlackRock saying this out of everyone 745 00:41:41,720 --> 00:41:44,280 right now. They have this little graphic 746 00:41:44,280 --> 00:41:46,920 here for the audio listeners. It says what makes Bitcoin 747 00:41:46,920 --> 00:41:49,480 relevant? Persistent historical challenges 748 00:41:49,480 --> 00:41:52,400 around money prone to inflation in the basement given a non 749 00:41:52,400 --> 00:41:55,000 fixed supply 2. Difficult to transact across 750 00:41:55,000 --> 00:41:57,080 borders 3. Access limited to one's 751 00:41:57,080 --> 00:41:59,400 particular country controlled by central authority. 752 00:41:59,880 --> 00:42:02,800 Then they said what bit what Bitcoin made possible. 753 00:42:02,800 --> 00:42:06,840 Fixed maximum supply of 21 million, digitally native and 754 00:42:06,840 --> 00:42:09,440 borderless permission permitting, near instantaneous 755 00:42:09,440 --> 00:42:13,640 global transfer of value. First truly Open Access global 756 00:42:13,640 --> 00:42:16,920 monetary system. And then it just goes and shows 757 00:42:17,160 --> 00:42:19,800 the charts. This is insane. 758 00:42:19,800 --> 00:42:22,120 And then of course, you know, it's it's it's saying that the 759 00:42:22,120 --> 00:42:27,880 returns and the XS, the first cycle 592 X, the 2nd 555 X, the 760 00:42:27,880 --> 00:42:33,840 3rd 104 X, the, I think the 4th 21 X and then the upcoming one, 761 00:42:33,840 --> 00:42:36,440 nobody knows. But yeah, I mean, this is crazy. 762 00:42:36,440 --> 00:42:38,960 They're making the case that it's an uncorrelated asset. 763 00:42:39,240 --> 00:42:42,200 And again, guys, the signal here is the fact. 764 00:42:42,200 --> 00:42:44,560 And look, it's showing you all the events and how Bitcoin 765 00:42:44,560 --> 00:42:48,720 performed, right. So US, Iran escalation, the S&P 766 00:42:48,720 --> 00:42:53,600 fell the pandemic, the S&P only did 2% Bitcoin, which is green 767 00:42:53,960 --> 00:42:56,360 on every single thing. Bitcoin does not care. 768 00:42:56,360 --> 00:43:00,440 The honey badger does not care. And again, the signal here is 769 00:43:00,440 --> 00:43:04,120 the fact that this report came from BlackRock. 770 00:43:04,360 --> 00:43:07,800 And this is being read by wealth managers all around the world, 771 00:43:07,960 --> 00:43:10,880 the biggest banks, the biggest institutional investors. 772 00:43:11,080 --> 00:43:14,360 And they're seeing this. And BlackRock, Larry Fink is 773 00:43:14,360 --> 00:43:18,040 making the case as to why Bitcoin is an alternative asset. 774 00:43:18,280 --> 00:43:20,360 Bitcoin is going to go up no matter what. 775 00:43:20,520 --> 00:43:24,360 And actually, despite unstable political situations in the 776 00:43:24,360 --> 00:43:28,600 United States, despite the, you know, the unsustainable fiscal 777 00:43:28,600 --> 00:43:32,760 policy that actually benefits Bitcoin, which is crazy that you 778 00:43:32,760 --> 00:43:34,880 have Larry Fink as admitting to something like that. 779 00:43:35,480 --> 00:43:39,840 Yeah, it's it's funny at this phase of Bitcoins adoption, 780 00:43:39,840 --> 00:43:46,360 watching the suits trumpet the exact same points that 781 00:43:46,360 --> 00:43:48,640 bitcoiners have been making for years. 782 00:43:48,840 --> 00:43:52,600 You know, you have Larry Fink saying while cap supply, it's 783 00:43:52,600 --> 00:43:56,440 meant to stand in the face of money printer go Burr, you know, 784 00:43:56,440 --> 00:43:58,600 in more professional language than that, But that's 785 00:43:58,840 --> 00:44:01,520 effectively what he's saying. He's saying, listen, listen, 786 00:44:01,520 --> 00:44:04,400 Bros, money printer go Burr, that's bad. 787 00:44:04,400 --> 00:44:06,320 We need cap supply. We need censorship. 788 00:44:06,560 --> 00:44:11,280 Like he's basically saying that to, to money managers and it's 789 00:44:11,280 --> 00:44:16,000 wild to see it's I, I, I again, all of the things we just 790 00:44:16,000 --> 00:44:19,760 finished talking about a previous and possibly future 791 00:44:19,880 --> 00:44:21,360 U.S. President buying burgers with 792 00:44:21,360 --> 00:44:23,680 Bitcoin. We're talking about the CEO 793 00:44:23,680 --> 00:44:26,840 BlackRock orange Pilling money managers around the globe. 794 00:44:27,120 --> 00:44:30,200 We're we're in in my wildest dreams. 795 00:44:30,200 --> 00:44:34,240 I didn't realize it would happen this quickly, which makes me 796 00:44:34,240 --> 00:44:37,280 wonder what's in store in the next epoch or two. 797 00:44:38,360 --> 00:44:40,080 Dude, it's going to be absolutely nuts. 798 00:44:40,080 --> 00:44:42,320 Opti. I mean, bro, does this surprise 799 00:44:42,320 --> 00:44:44,080 you? It sounds like they're, they've 800 00:44:44,080 --> 00:44:47,520 been listening to simply Bitcoin and Opti. 801 00:44:47,840 --> 00:44:50,680 And I think they were taking some inspiration while they were 802 00:44:50,680 --> 00:44:54,160 writing that report, my friend, because it's they're saying a 803 00:44:54,160 --> 00:44:56,160 lot of the things that we've been saying for years now. 804 00:44:56,760 --> 00:44:58,640 They've been listening to Piero Shard. 805 00:44:58,640 --> 00:45:00,200 Let let's get this straight. Let's get this. 806 00:45:00,240 --> 00:45:01,760 Straight. Yeah. 807 00:45:01,800 --> 00:45:03,960 I mean, look, I've been saying this for a while and I think the 808 00:45:03,960 --> 00:45:08,360 biggest news to come out of this whole BlackRock ETF was a couple 809 00:45:08,360 --> 00:45:10,800 of weeks ago when they said that they were going to unleash. 810 00:45:10,800 --> 00:45:14,880 I forget what the number is, but like 1500 or actually that might 811 00:45:14,880 --> 00:45:16,240 have been Morgan Chase, I forget. 812 00:45:16,480 --> 00:45:20,440 But essentially the idea is now that BlackRock has finally got 813 00:45:20,440 --> 00:45:25,080 into the space, now that Bitcoin is got that legitimization of 814 00:45:25,080 --> 00:45:29,280 BlackRock, they're unleashing all of their asset institutional 815 00:45:29,280 --> 00:45:32,520 managers out there and sending this out to all of their 816 00:45:32,520 --> 00:45:34,080 clients. And so I look this up real 817 00:45:34,080 --> 00:45:36,440 quick. BlackRock manages assets for 818 00:45:36,440 --> 00:45:38,880 clients in over 100 countries. The company helps over 819 00:45:38,880 --> 00:45:42,600 35,000,000 Americans invest to save for retirement on behalf of 820 00:45:42,680 --> 00:45:44,560 client. BlackRock manages the pension 821 00:45:44,560 --> 00:45:47,640 savings of over 12 million people in the UK alone and of 822 00:45:47,640 --> 00:45:51,280 course has approximately $10.5 trillion in assets under 823 00:45:51,280 --> 00:45:54,240 management. So this isn't just some small 824 00:45:54,240 --> 00:45:58,360 YouTube podcast here they are sending these reports to some of 825 00:45:58,360 --> 00:46:01,760 the wealthiest people out there. A huge cohort of people out 826 00:46:01,760 --> 00:46:03,920 there are listening to what BlackRock is saying. 827 00:46:04,280 --> 00:46:08,240 And I, I venture to guess that they got this in their e-mail on 828 00:46:08,240 --> 00:46:10,720 whenever it came out, what was it yesterday or whatever, Like 829 00:46:10,960 --> 00:46:13,440 it hit all of their client, it's emails. 830 00:46:13,440 --> 00:46:16,560 And now they're all reading about Bitcoin and they're all 831 00:46:16,560 --> 00:46:19,160 getting the same signal that we're saying except for it comes 832 00:46:19,160 --> 00:46:21,040 from the suit. So it holds a little more 833 00:46:21,040 --> 00:46:24,120 legitimacy here. And, yeah, it's beautiful to see 834 00:46:24,120 --> 00:46:27,080 that they're saying exactly what we are saying, which should 835 00:46:27,080 --> 00:46:31,600 really get people to kind of be more concerned about where the 836 00:46:31,600 --> 00:46:34,720 economy really is right now. If they're going this bullish on 837 00:46:34,720 --> 00:46:37,400 Bitcoin and they're sending this these kinds of reports out to 838 00:46:37,400 --> 00:46:40,040 people. I don't know, if I was someone 839 00:46:40,040 --> 00:46:43,400 with a lot of wealth that wasn't a young person, I would probably 840 00:46:43,400 --> 00:46:45,800 listen to them and be like, yeah, maybe I need to get some 841 00:46:45,800 --> 00:46:49,800 Bitcoin right now because things aren't exactly as they seem. 842 00:46:49,800 --> 00:46:53,080 And maybe the traditional financial world isn't as healthy 843 00:46:53,080 --> 00:46:55,840 as I believe it to be. And maybe money printing is a 844 00:46:55,840 --> 00:46:59,120 bad thing. And so as much as BlackRock does 845 00:46:59,120 --> 00:47:02,280 make me feel icky and, you know, it gets me concerned that they 846 00:47:02,280 --> 00:47:05,960 basically own everything on planet Earth, it's good to see 847 00:47:05,960 --> 00:47:08,280 that they're at least spreading that signal out there and more 848 00:47:08,280 --> 00:47:12,000 people are going to look to Bitcoin as a viable investment 849 00:47:12,000 --> 00:47:14,000 option. Of course they're showing their 850 00:47:14,000 --> 00:47:17,040 ETF, but slowly but surely they'll go into spot Bitcoin 851 00:47:17,040 --> 00:47:20,600 once they realize that there's financial trickery that can play 852 00:47:20,600 --> 00:47:23,440 out in the ETF. And also like, like the, the 853 00:47:23,560 --> 00:47:26,560 ETFs, right? So like with people like, OK, so 854 00:47:26,560 --> 00:47:28,680 like you're doing, I guess for convenience 'cause you want to 855 00:47:28,680 --> 00:47:31,120 buy it with like your Charles Schwab account or whatever, but 856 00:47:31,120 --> 00:47:35,480 like, OK, you're, you have to pay a fee when you buy the ETF 857 00:47:35,760 --> 00:47:39,040 number one. And #2 you have third party 858 00:47:39,040 --> 00:47:42,480 custody risk. So there's literally no upside 859 00:47:43,480 --> 00:47:47,480 for buying the ETF instead of buying spot Bitcoin and taking 860 00:47:47,480 --> 00:47:49,720 itself custody. I get it from a legal 861 00:47:49,720 --> 00:47:53,680 perspective, there are some type of institutions that can't buy 862 00:47:53,680 --> 00:47:56,280 spot Bitcoin, They have to buy the ETF there. 863 00:47:56,280 --> 00:47:59,200 I understand. But for the vast majority of 864 00:47:59,200 --> 00:48:03,440 people, BlackRock, I appreciate you being the employee of the 865 00:48:03,440 --> 00:48:05,520 year employee of the month for Bitcoin. 866 00:48:06,400 --> 00:48:10,120 But just keep in mind everybody spot Bitcoin is a real thing. 867 00:48:10,120 --> 00:48:13,520 ETF Bitcoin is is is definitely ruggable. 868 00:48:13,520 --> 00:48:16,360 Anyways guys, stay tuned. To hilari pump my bags. 869 00:48:16,960 --> 00:48:19,800 Stay tuned for the culture. We got BTC sessions. 870 00:48:19,800 --> 00:48:21,920 Coming up, we're gonna talk about Bitcoin, mentor, circular 871 00:48:21,920 --> 00:48:24,840 economy, SAT's market, all that. All right, let's check it out. 872 00:48:24,840 --> 00:48:38,600 Here we go. All right everybody I do want to 873 00:48:38,600 --> 00:48:41,120 give a shout out to our sponsor, the Orange Pull app Stack 874 00:48:41,120 --> 00:48:46,240 friends who stats the orange pop is the Bitcoin social layer join 875 00:48:46,320 --> 00:48:50,160 the 12,233 bitcoiners that are currently on the app. 876 00:48:50,560 --> 00:48:53,320 If you're on the go for a conference or perhaps you've 877 00:48:53,320 --> 00:48:55,760 lived in your city for a while, you know any bitcoiners around 878 00:48:55,760 --> 00:48:56,880 you you pull up the orange pull up. 879 00:48:56,880 --> 00:48:59,160 It has a really clever geographical feature and it will 880 00:48:59,160 --> 00:49:01,440 literally show you the bitcoiners near you and it will 881 00:49:01,520 --> 00:49:05,680 allow you to send them a message directly you can also send Ben a 882 00:49:05,680 --> 00:49:07,240 message directly on the orange pull up. 883 00:49:07,240 --> 00:49:09,640 You can send Opti a message directly on the orange pull up. 884 00:49:09,640 --> 00:49:11,800 You can send me a message directly on the orange pull up. 885 00:49:12,040 --> 00:49:14,280 In fact, it's one of the best ways to reach me. 886 00:49:14,280 --> 00:49:16,920 Don't really answer Twitter DMS these days or random emails. 887 00:49:17,200 --> 00:49:19,400 So if you want to contact me, send me a message on the orange 888 00:49:19,400 --> 00:49:21,360 pull up. And every two or three weeks or 889 00:49:21,360 --> 00:49:24,200 so, I make sure to get back to each and every single one of you 890 00:49:24,200 --> 00:49:26,240 guys. So download the orange pull up 891 00:49:26,240 --> 00:49:30,440 today and scan the QR code or check the link in the video 892 00:49:30,440 --> 00:49:32,080 description. Anyways, we have a very special 893 00:49:32,080 --> 00:49:35,280 guest today. We have BTC sessions in the 894 00:49:35,280 --> 00:49:37,720 flesh right next to me. We are streaming live by the 895 00:49:37,720 --> 00:49:42,680 way, from the Real World Suite at Unconfiscatable 2024 courtesy 896 00:49:42,800 --> 00:49:45,360 of Tone Vase and it's pretty sick. 897 00:49:45,360 --> 00:49:47,320 Sweet man. Me and Ben have been staying in 898 00:49:47,320 --> 00:49:49,160 the same room for the last three days. 899 00:49:49,760 --> 00:49:50,680 Wait. Stay in bed. 900 00:49:52,400 --> 00:49:56,440 Stuff got weird for sure. Yeah, yeah, yeah, definitely, 901 00:49:56,520 --> 00:49:59,280 definitely. So yeah, no, it's pretty cool. 902 00:49:59,280 --> 00:50:00,800 It's pretty cool. It's love this venue. 903 00:50:00,800 --> 00:50:03,640 I think Tone did an incredible job and really, really enjoying 904 00:50:03,640 --> 00:50:05,760 this event so far. And yeah, man. 905 00:50:05,760 --> 00:50:09,360 So Ben, you've been working on quite, quite a couple things. 906 00:50:09,360 --> 00:50:12,240 I want to start off with Bitcoin Mentor, which is your latest 907 00:50:12,240 --> 00:50:14,040 project. You are Co founder with your 908 00:50:14,040 --> 00:50:16,680 partner Mike. Yeah. 909 00:50:16,720 --> 00:50:22,080 So basically I, I for quite some time I was doing one on ones 910 00:50:22,080 --> 00:50:23,800 with people. You know, obviously there's, 911 00:50:23,800 --> 00:50:27,560 there's eight years worth of, of tutorial content online and that 912 00:50:27,560 --> 00:50:29,200 that does a lot of people a lot of good. 913 00:50:29,640 --> 00:50:34,400 But often times you can kind of encounter hurdles and maybe 914 00:50:34,400 --> 00:50:37,400 maybe you run into a snag that wasn't present in the video or 915 00:50:37,400 --> 00:50:40,440 you just are uncomfortable. You want somebody to hold your 916 00:50:40,440 --> 00:50:42,840 hand while I was doing one on ones with people. 917 00:50:43,600 --> 00:50:46,960 But it got to a point where I was being booked so frequently 918 00:50:47,080 --> 00:50:48,720 that I couldn't keep up with the channel. 919 00:50:49,040 --> 00:50:54,840 And so it it was just kind of meant to be that that I I met my 920 00:50:54,840 --> 00:50:58,880 Co founder Mike Cook in Calgary and he came to me with this idea 921 00:50:58,880 --> 00:51:00,720 of like, hey, let's build out this thing. 922 00:51:01,000 --> 00:51:05,200 And we, we basically put out the word for people who wanted to be 923 00:51:05,200 --> 00:51:07,880 Bitcoin educators and we put them through the gamut. 924 00:51:08,200 --> 00:51:12,840 And, and we had, I think in a couple of weeks, we had well 925 00:51:12,840 --> 00:51:16,880 over 300 people apply to be mentors for Bitcoin mentor. 926 00:51:17,440 --> 00:51:20,040 They went through a series of interviews and then the, the 927 00:51:20,040 --> 00:51:24,280 final boss was me because they had to teach me how to, how to 928 00:51:24,280 --> 00:51:27,360 use something or how, how to use Bitcoin in a wallet or hardware 929 00:51:27,360 --> 00:51:30,920 or whatever. And so we ended up with a team 930 00:51:32,080 --> 00:51:35,080 of, of we really whittled it down to the best of the best. 931 00:51:35,320 --> 00:51:38,880 And now we have this amazing team of educators where if you 932 00:51:38,880 --> 00:51:42,960 are either a newcomer trying to learn something and level up, or 933 00:51:42,960 --> 00:51:46,120 if you've been around Bitcoin for a while and you, you kind of 934 00:51:46,120 --> 00:51:49,000 consider yourself to be a bit of a Bitcoin Luddite where you've, 935 00:51:49,000 --> 00:51:51,880 you've learned your one thing, you know how to do your one 936 00:51:51,880 --> 00:51:52,840 thing. But now you're beginning to 937 00:51:52,840 --> 00:51:55,080 question like, is my setup good enough? 938 00:51:55,080 --> 00:51:57,360 Should I level up? Absolutely. 939 00:51:57,360 --> 00:52:00,280 Always be learning. And and that's what the the team 940 00:52:00,280 --> 00:52:01,680 at Bitcoin Mentor is there to do. 941 00:52:02,000 --> 00:52:04,200 That's awesome, man. Yeah, It's very, very cool what 942 00:52:04,200 --> 00:52:05,640 you guys are doing. And I feel like it's like a 943 00:52:05,640 --> 00:52:08,640 natural continuation of what you've been doing with your 944 00:52:08,640 --> 00:52:11,720 one-on-one sessions, right? But people can still book you, 945 00:52:11,720 --> 00:52:13,520 right? Yeah, yeah, yeah. 946 00:52:13,520 --> 00:52:17,240 So I'm I'm on there. You you can get one on ones with 947 00:52:17,240 --> 00:52:19,400 me. I'm I'm more seldom than the 948 00:52:19,400 --> 00:52:20,280 other guys. And that was. 949 00:52:20,280 --> 00:52:23,520 Kind of that's Ben's very nice way of saying he's the premium. 950 00:52:23,520 --> 00:52:26,320 He's he's premium VIP. You could still get Ben, but 951 00:52:26,320 --> 00:52:32,640 he's top shelf now. I I, yeah, I, I, I, I maybe am 952 00:52:32,960 --> 00:52:37,360 am slightly less less booked because it's it can be a little 953 00:52:37,360 --> 00:52:40,960 bit more expensive because the only thing more scarce than 954 00:52:40,960 --> 00:52:45,040 Bitcoin is is once time and and thus Bitcoin mentor came to 955 00:52:45,040 --> 00:52:47,480 fruition. But honestly, every, every 956 00:52:47,480 --> 00:52:51,640 mentor there not only was already an incredible educator, 957 00:52:51,800 --> 00:52:55,760 but we have weekly calls to make sure one, everybody's up to 958 00:52:55,760 --> 00:52:58,280 snuff. Everybody has their skill set or 959 00:52:58,520 --> 00:53:01,800 they're constantly leveling up and making sure that we, we 960 00:53:01,800 --> 00:53:05,240 basically back and forth teach each other how to be better 961 00:53:05,240 --> 00:53:06,760 educators. And when you get a bunch of 962 00:53:06,760 --> 00:53:09,920 educators in a room and we all and we all do a little scrum on, 963 00:53:09,920 --> 00:53:13,120 on, on what's up, you level up quick, which is amazing. 964 00:53:13,120 --> 00:53:16,040 So where can people start? They, they, they hear this or 965 00:53:16,040 --> 00:53:17,120 that? This is interesting. 966 00:53:17,120 --> 00:53:18,800 I don't know. I don't have the technical know 967 00:53:18,920 --> 00:53:20,080 now. Perhaps I want to set up my 968 00:53:20,080 --> 00:53:21,320 passport. Where? 969 00:53:21,320 --> 00:53:24,560 Where could they go? Yeah, so you go to a Bitcoin 970 00:53:24,560 --> 00:53:29,400 mentor dot IO and what you can do without having to to commit 971 00:53:29,400 --> 00:53:32,880 right out the gate is you can book a free 15 minute discovery 972 00:53:32,880 --> 00:53:34,640 session. And the way that works is you're 973 00:53:34,640 --> 00:53:37,560 going to sit down, you're going to chat with my Co founder Mike, 974 00:53:37,760 --> 00:53:40,200 and you're just going to outline like, Hey, this where I'm at, 975 00:53:40,360 --> 00:53:42,880 this is where I think I might want to go. 976 00:53:43,360 --> 00:53:49,400 And, and he'll basically look at your unique case and say, OK, so 977 00:53:49,400 --> 00:53:52,320 you're looking to do this, that and the other thing, Well, I, 978 00:53:52,640 --> 00:53:55,640 you know, and from our pool of mentors, he'll say, OK, the 979 00:53:55,640 --> 00:53:58,600 person with the best skill set to complement what you're trying 980 00:53:58,600 --> 00:54:01,120 to do is this person. Let's set up your initial 981 00:54:01,120 --> 00:54:04,600 session or your package of sessions, depending on how much, 982 00:54:04,960 --> 00:54:06,920 how much time it's going to take and go from there. 983 00:54:06,920 --> 00:54:10,000 So, you know, even if you're curious, it's worth reaching out 984 00:54:10,000 --> 00:54:11,920 and just saying, Hey, this is where I'm at. 985 00:54:11,920 --> 00:54:13,040 What? What do you think would be a 986 00:54:13,040 --> 00:54:16,160 good trajectory for me? Absolutely, 100%. 987 00:54:16,160 --> 00:54:19,000 And I also, I, I want to pivot the conversation a little bit to 988 00:54:19,720 --> 00:54:21,360 I was up there, I was in Calgary. 989 00:54:21,360 --> 00:54:23,800 I love that part of Canada. By the way, Alberta's dope. 990 00:54:24,880 --> 00:54:29,640 And you did something, I think you went through something 991 00:54:30,560 --> 00:54:32,080 during the Canadian truckers protest. 992 00:54:32,680 --> 00:54:35,800 And I think it, it really, and I think we're seeing this in the 993 00:54:35,800 --> 00:54:37,360 United States. You've seen Warren Davidson 994 00:54:37,360 --> 00:54:39,320 talking about it earlier how they're going after self 995 00:54:39,320 --> 00:54:41,240 custody. The thing is, when you have a 996 00:54:41,240 --> 00:54:44,480 circular economy and you're not dealing with the traditional 997 00:54:44,480 --> 00:54:48,320 financial system, like good luck, bro, right? 998 00:54:48,320 --> 00:54:51,800 It's like you can't like how you going to, you're gonna like you 999 00:54:51,800 --> 00:54:54,440 shut off the entire Internet, like it's gonna be a little bit 1000 00:54:54,440 --> 00:54:57,480 more difficult, right? And this is the importance of 1001 00:54:57,480 --> 00:55:00,920 circular economies. And you did you, you started 1002 00:55:00,920 --> 00:55:03,120 doing these markets, they're called SAT's markets. 1003 00:55:03,120 --> 00:55:06,800 And you get different vendors from, you know, people that make 1004 00:55:06,800 --> 00:55:10,680 tea, people that make jerky, people that made like mustard. 1005 00:55:10,880 --> 00:55:14,440 And I remember I loaded up like a wallet with like 250 U.S. 1006 00:55:14,440 --> 00:55:17,120 dollars and I went to each and every single vendor and I bought 1007 00:55:17,120 --> 00:55:18,920 something. I don't even know if I took 1008 00:55:18,920 --> 00:55:21,920 everything home, but I wanted to support the circular economy. 1009 00:55:22,120 --> 00:55:26,400 And I think that is something that's already happening in the 1010 00:55:26,400 --> 00:55:29,240 developing world where people just don't trust the traditional 1011 00:55:29,840 --> 00:55:32,040 traditional financial system. But that is something that 1012 00:55:32,040 --> 00:55:35,880 definitely needs to be more popular in the developed world 1013 00:55:35,880 --> 00:55:39,840 where the traditional system is convenient enough for people to 1014 00:55:39,840 --> 00:55:43,840 live on on it. But they're working within a 1015 00:55:43,840 --> 00:55:48,600 system that is highly political, that can and has been used 1016 00:55:48,600 --> 00:55:51,000 against them in the past. And I think the Canadian 1017 00:55:51,000 --> 00:55:53,000 truckers protest was an example of that. 1018 00:55:53,720 --> 00:55:57,760 Yeah, 100% I'm, I'm, I'm very much on the train now where 1019 00:55:57,760 --> 00:56:01,760 where one of my number one missions is not only creating my 1020 00:56:01,760 --> 00:56:05,000 own, kind of selfishly creating my own circular economy at home 1021 00:56:05,000 --> 00:56:07,520 because I'm one of those crazies that already lives on Bitcoin, 1022 00:56:07,840 --> 00:56:12,160 but in, in, in creating that learning lessons and 1023 00:56:12,160 --> 00:56:15,400 blueprinting that out for other places to replicate it. 1024 00:56:15,400 --> 00:56:18,960 Because you're right, you know, other nations that maybe aren't 1025 00:56:18,960 --> 00:56:22,960 first world countries, they're kind of leapfrogging us in that 1026 00:56:22,960 --> 00:56:27,000 circular and that community aspect because they, they 1027 00:56:27,000 --> 00:56:32,640 already didn't really have access to, to, you know, like 1028 00:56:32,640 --> 00:56:35,560 banking, things like that. And so it's easier to, to 1029 00:56:35,560 --> 00:56:38,600 leapfrog and create that, that circular economy. 1030 00:56:38,600 --> 00:56:42,800 Whereas if you're in a major city and yeah, there's a bunch 1031 00:56:42,800 --> 00:56:45,440 of bit corners and everything, but everybody's just using Fiat. 1032 00:56:45,440 --> 00:56:47,600 They've got their credit cards, they've got their whatever. 1033 00:56:47,840 --> 00:56:51,760 And you may be passionate about Bitcoin, it's tougher to connect 1034 00:56:51,920 --> 00:56:53,880 and figure out how to navigate that. 1035 00:56:53,880 --> 00:56:57,400 And that's what we're trying to do in my city of Calgary is we 1036 00:56:57,400 --> 00:56:59,960 started with the Bitcoiners. We said, listen guys, you 1037 00:57:00,040 --> 00:57:02,280 already understand this is the better money. 1038 00:57:02,400 --> 00:57:06,240 Obviously you know that you already earn a paycheck and then 1039 00:57:06,240 --> 00:57:09,480 you take that paycheck and you you convert some of that to 1040 00:57:09,480 --> 00:57:11,640 Bitcoin to save for the long term. 1041 00:57:12,400 --> 00:57:15,320 You all have skills, you all, some of you have businesses and 1042 00:57:15,320 --> 00:57:16,880 create goods and services for others. 1043 00:57:17,040 --> 00:57:22,800 Why would you not accept Bitcoin and just like cut out a step 1044 00:57:22,800 --> 00:57:24,040 here? And so that's, that's what we're 1045 00:57:24,040 --> 00:57:25,960 doing. The first one that we did was 1046 00:57:25,960 --> 00:57:30,440 last Christmas. It was super successful in, in I 1047 00:57:30,440 --> 00:57:34,400 think 3 weeks notice. We got 35 vendors together and 1048 00:57:34,400 --> 00:57:35,960 just did, did our Christmas market. 1049 00:57:35,960 --> 00:57:37,720 It was amazing. We did another one in the 1050 00:57:37,720 --> 00:57:41,080 spring. We did another one right before 1051 00:57:41,080 --> 00:57:44,440 the Bitcoin Rodeo and we're gearing up for another one this 1052 00:57:44,440 --> 00:57:46,560 December for another Christmas market where I think we're going 1053 00:57:46,560 --> 00:57:50,080 to do it twice a year. But the point is you don't have 1054 00:57:50,080 --> 00:57:53,880 to be at the market to benefit from this because once you once 1055 00:57:53,880 --> 00:57:56,640 you've been to the market, you establish those relationships 1056 00:57:56,640 --> 00:57:59,680 and then you continue down that path of supporting your local 1057 00:57:59,680 --> 00:58:02,000 Bitcoiners. My dad just called me up the 1058 00:58:02,000 --> 00:58:03,120 other day. He's like, Oh my God, my 1059 00:58:03,120 --> 00:58:04,560 toilet's broken. What did I do? 1060 00:58:04,680 --> 00:58:07,320 I called up the Bitcoin plumber. He showed up. 1061 00:58:07,440 --> 00:58:12,560 He got shit handled literally. And and and and yeah, my dad has 1062 00:58:12,640 --> 00:58:16,440 a a fancy new working toilet paid for with sats. 1063 00:58:16,560 --> 00:58:19,200 Shit going, problem fixed. Boom and it's peer-to-peer 1064 00:58:19,360 --> 00:58:21,160 right. Beautiful, beautiful, beautiful 1065 00:58:21,160 --> 00:58:24,680 yeah, man, I'm I'm I had a great time guys, if you haven't made 1066 00:58:25,040 --> 00:58:27,560 definitely go to that part of Canada specifically, I would say 1067 00:58:27,560 --> 00:58:32,360 take advantage of the Bitcoin Rodeo conference and just go up 1068 00:58:32,360 --> 00:58:34,560 there. It's it's incredible conference. 1069 00:58:34,560 --> 00:58:37,040 This year we did the roast of BTC sessions. 1070 00:58:37,920 --> 00:58:44,160 We had a very, very famous comedian, JJP Sears, JP Sears, I 1071 00:58:44,400 --> 00:58:48,400 got his name right this time. And no, it was absolutely 1072 00:58:48,400 --> 00:58:50,200 hilarious. So it's it's a great time. 1073 00:58:50,200 --> 00:58:53,240 Highly recommend the pilgrimage. Highly recommend that 1074 00:58:53,240 --> 00:58:54,800 conference. It's high signal, great 1075 00:58:54,800 --> 00:58:57,680 production and a great job. Anyways, we are at the top of 1076 00:58:57,680 --> 00:58:59,640 the hour. I do want to give opportunity to 1077 00:58:59,640 --> 00:59:02,920 Opti to have some last words, then Ben and then we'll wrap it 1078 00:59:02,920 --> 00:59:05,640 up. Well, I really want to ask Ben a 1079 00:59:05,640 --> 00:59:08,320 question. So it was like a hair in my 1080 00:59:08,320 --> 00:59:12,600 mouth 'cause we were trying to bring Ben on a while ago, we got 1081 00:59:12,600 --> 00:59:15,320 requests for Ben to come on. And I don't want you to dock 1082 00:59:15,320 --> 00:59:18,000 your setups or whatever gets you in trouble here. 1083 00:59:18,240 --> 00:59:20,600 So you can plead the 5th if you want to. 1084 00:59:20,640 --> 00:59:24,280 But for people out there, they are very curious of how do you 1085 00:59:24,280 --> 00:59:28,920 actually live on the Bitcoin standard and how do you connect 1086 00:59:28,960 --> 00:59:31,480 to the Fiat world? And I'm, I'm sure you have 1087 00:59:31,480 --> 00:59:35,080 videos on this, but just a quick little TTLDR for the people out 1088 00:59:35,080 --> 00:59:37,560 there, how do you actually live on the Bitcoin standard? 1089 00:59:38,600 --> 00:59:41,560 Yeah. So, so there's a a few things in 1090 00:59:41,560 --> 00:59:47,120 practice that I do. So number one is we're very 1091 00:59:47,120 --> 00:59:52,000 lucky in Canada that we've got some great companies, some great 1092 00:59:52,000 --> 00:59:57,440 Bitcoin companies, one of them Co sponsor of of simply Bitcoin 1093 00:59:57,440 --> 00:59:59,880 and and BTC sessions. By the way, 1094 00:59:59,880 --> 01:00:03,720 bitcoin.bitcoinwell.com/BTC sessions, great cut. 1095 01:00:03,720 --> 01:00:05,640 No, no, no, hold on hold. On hold on 1096 01:00:05,640 --> 01:00:07,160 kickerboy.com/thesimply. BTC. 1097 01:00:07,720 --> 01:00:12,240 Kick em off the show. But what the main point being in 1098 01:00:12,240 --> 01:00:16,160 in Canada is very easy to pay your bills with, with a service 1099 01:00:16,160 --> 01:00:17,400 like Bitcoin. Well, they, they do an 1100 01:00:17,400 --> 01:00:20,200 incredible job. I can pay lightning and it can 1101 01:00:20,200 --> 01:00:22,400 go and it can pay a bill. It can go to a bank account, It 1102 01:00:22,400 --> 01:00:25,120 can do all of these things. So, so that bridge is a major 1103 01:00:25,120 --> 01:00:28,360 gap for me. Another great service that I use 1104 01:00:28,360 --> 01:00:29,880 regularly. And there's a number of them, 1105 01:00:29,880 --> 01:00:33,440 but I love bit refill. And so for things like gas and 1106 01:00:33,440 --> 01:00:37,000 groceries, things like that, I can just like literally in line 1107 01:00:37,000 --> 01:00:39,520 at the grocery store, I pull up my Lightning wallet, I hit a bit 1108 01:00:39,520 --> 01:00:43,320 refill, I get my myself a grocery card and I pay for it. 1109 01:00:43,320 --> 01:00:45,560 And now they know me. Like they don't know exactly 1110 01:00:45,560 --> 01:00:47,320 what's going on, but they're like, there's the guy that 1111 01:00:47,320 --> 01:00:51,120 stockpiles gift cards. I'm like, yes, absolutely. 1112 01:00:51,200 --> 01:00:53,720 So those, those take care of a lot of it. 1113 01:00:53,720 --> 01:00:57,400 But I recognize I'm using services to make that possible. 1114 01:00:57,600 --> 01:01:02,400 And thus the impetus for the SAT market is, you know, to be truly 1115 01:01:02,400 --> 01:01:06,320 ungovernable, uncensorable, you have to have a community, you 1116 01:01:06,320 --> 01:01:10,160 have to know people and be able to say, hey, you know, I, I, I 1117 01:01:10,160 --> 01:01:13,800 know my, my local rancher, I've shaken his hand and I bought, 1118 01:01:14,280 --> 01:01:15,880 you know, a quarter cow from him. 1119 01:01:16,160 --> 01:01:19,480 And, you know, I things like that where you, you can't 1120 01:01:19,640 --> 01:01:22,200 prevent people from having relationships with each other. 1121 01:01:22,200 --> 01:01:24,520 And that's the true strength. So those, that's kind of the, 1122 01:01:24,520 --> 01:01:27,040 the, the three pronged approach that I have right now. 1123 01:01:27,040 --> 01:01:28,640 And it seems to be working pretty well. 1124 01:01:29,120 --> 01:01:32,400 Love that love that. Anyways, guys, this was a a 1125 01:01:32,640 --> 01:01:36,240 special these last three days special edition simply Bitcoin 1126 01:01:36,240 --> 01:01:40,960 live streaming from the real world suite at unconfiscatable 1127 01:01:40,960 --> 01:01:45,000 2024 courtesy of Tone vase. I'm gonna be heading back to 1128 01:01:45,000 --> 01:01:48,240 Miami later tonight. Opti is gonna be taking the host 1129 01:01:48,240 --> 01:01:51,520 seat tomorrow with Chris or Brandon Opti. 1130 01:01:51,520 --> 01:01:55,960 I think it's Brandon Brandon and I'll be back for the Monday show 1131 01:01:56,200 --> 01:01:59,560 guys, this was simply Bitcoin Live for September 19, 2024. 1132 01:01:59,800 --> 01:02:02,440 I'm your host Nico. This is our guest for today. 1133 01:02:02,440 --> 01:02:05,680 Of course the legendary BTC sessions and of course my 1134 01:02:05,680 --> 01:02:07,840 legendary Co host, Optimus Fields. 1135 01:02:07,840 --> 01:02:09,600 All right everybody, if you guys enjoyed the show, you know what 1136 01:02:09,600 --> 01:02:10,880 to do. Smash the like button, consider 1137 01:02:10,880 --> 01:02:15,160 subscribing and go outside, touch some grass and I'll see 1138 01:02:15,160 --> 01:02:17,400 you guys on Monday. Everybody peace out everybody. 1139 01:02:20,240 --> 01:02:23,160 Brought to you by bitcoinwell.com, a Bitcoin only 1140 01:02:23,160 --> 01:02:26,400 platform on a mission to enable financial independence.