1 00:00:03,520 --> 00:00:06,320 It's all. Going to zero against Bitcoin. 2 00:00:07,120 --> 00:00:17,000 It's going on forever. You're against Bitcoin. 3 00:00:17,040 --> 00:00:23,760 You're against freedom. Yeah. 4 00:00:23,760 --> 00:00:25,600 Welcome to another episode of Simply Bitcoin Live. 5 00:00:25,600 --> 00:00:27,600 Your number one source for the peaceful Bitcoin revolution. 6 00:00:27,600 --> 00:00:29,920 Cover breaking news culture. Matic Warfare will be your guide 7 00:00:29,920 --> 00:00:32,119 through the separation of money and state. 8 00:00:32,119 --> 00:00:35,000 Ladies and gentlemen, welcome to the most watched Daily Bitcoin 9 00:00:35,000 --> 00:00:36,960 Live show on YouTube. Rumble Annex. 10 00:00:36,960 --> 00:00:41,000 Welcome to Simply Bitcoin. Lots of stuff to cover on 11 00:00:41,000 --> 00:00:43,880 today's show. Blackrock's ETF. 12 00:00:43,880 --> 00:00:47,080 The ETFs in general make a comeback. 13 00:00:47,080 --> 00:00:50,680 It looks like Grayscale has been dumping their Bitcoin. 14 00:00:50,680 --> 00:00:53,840 People have been dumping the Grayscale ETF and it's putting a 15 00:00:53,840 --> 00:00:57,040 lot of downward cell pressure on the market. 16 00:00:57,920 --> 00:00:59,680 But they made an enormous comeback. 17 00:00:59,800 --> 00:01:05,680 This is exactly why we went from 62K back up to 70,700 I think we 18 00:01:05,680 --> 00:01:10,320 touched and now we're sitting at 70 K So look, we're literally 19 00:01:10,320 --> 00:01:12,360 like 2K away from all time highs. 20 00:01:12,360 --> 00:01:15,800 This is, you know, this, we're very close to price discovery 21 00:01:15,800 --> 00:01:17,640 mode. I think it's going to happen a 22 00:01:17,640 --> 00:01:21,720 lot sooner rather than later. Also in other news, I was kind 23 00:01:21,720 --> 00:01:24,360 of like going back and forth and I saw a lot of you guys in the 24 00:01:24,360 --> 00:01:26,680 chat asking about this. I was like, should I make the 25 00:01:26,680 --> 00:01:29,280 title about BlackRock or should I make the title about Jack 26 00:01:29,280 --> 00:01:31,640 Mahler's? But Jack Mahler's went on an 27 00:01:31,640 --> 00:01:35,800 epic little like rant or speech and he basically revealed what 28 00:01:35,800 --> 00:01:39,200 his portfolio is. And it's very similar to what 29 00:01:39,200 --> 00:01:41,840 simply Bitcoins portfolio strategy is very similar. 30 00:01:41,880 --> 00:01:45,920 Similar to what my personal portfolio strategy is, but it's 31 00:01:45,920 --> 00:01:49,160 really not that simple. But I understand how a lot of 32 00:01:49,160 --> 00:01:53,080 people can see it as complicated because we've been living in 33 00:01:53,080 --> 00:01:58,240 this upside down Fiat world where you are forced to become a 34 00:01:58,320 --> 00:02:02,200 part time investor just to maintain your purchasing power 35 00:02:02,560 --> 00:02:05,640 on a Bitcoin standard. If you're saving and earning in 36 00:02:05,640 --> 00:02:09,160 Bitcoin, you don't have to become a part time investor. 37 00:02:09,400 --> 00:02:12,960 You literally buy Bitcoin, earn Bitcoin, mine Bitcoin, take that 38 00:02:12,960 --> 00:02:15,960 Bitcoin into self custody and that's it. 39 00:02:15,960 --> 00:02:17,600 Simple. You could do whatever you want. 40 00:02:17,600 --> 00:02:20,560 If you're a dentist, you know, if you surf, if you make 41 00:02:20,560 --> 00:02:23,080 content, life becomes a lot easier. 42 00:02:23,080 --> 00:02:26,040 Because if you earn any type of wealth, right, or if you earn 43 00:02:26,040 --> 00:02:29,520 any type of money, you could just, you know, save it for a 44 00:02:29,520 --> 00:02:31,520 rainy day. Bitcoin is savings. 45 00:02:31,520 --> 00:02:35,200 Bitcoin makes it simple. In fact, if you spent so much 46 00:02:35,200 --> 00:02:38,120 time in the Fiat matrix, Bitcoin is so simple. 47 00:02:38,120 --> 00:02:41,720 The Bitcoin strategy of stay humble, stack SAT, stay solvent. 48 00:02:41,960 --> 00:02:44,720 It's so simple. It's complicated for people. 49 00:02:44,960 --> 00:02:48,160 In other news also we're going to do a little quick update on 50 00:02:48,160 --> 00:02:52,560 the EU and their recent measures with the, I'm going to call it 51 00:02:52,560 --> 00:02:57,000 the draconian AML and KYC requirements are going to have a 52 00:02:57,000 --> 00:02:59,800 little update on on for for you guys on that. 53 00:03:00,000 --> 00:03:04,080 And of course this just came out on Reuters this morning, quote 54 00:03:04,080 --> 00:03:07,800 swift planning launch of new central bank digital currency 55 00:03:07,800 --> 00:03:10,960 platform in the next 12 to 24 months. 56 00:03:10,960 --> 00:03:14,160 So ladies and gentlemen, the future in front of you is 57 00:03:14,160 --> 00:03:17,840 Bitcoin or slavery. When I say slavery, of course 58 00:03:17,840 --> 00:03:21,680 I'm referring to the central bank digital currencies. 59 00:03:21,800 --> 00:03:25,120 That's going to give like a God like power to the bureaucrats, 60 00:03:25,120 --> 00:03:28,960 to the government to basically get to dictate what you can and 61 00:03:28,960 --> 00:03:30,680 what you cannot do for your money. 62 00:03:30,680 --> 00:03:34,440 So it's really, really important to stay on top of, you know what 63 00:03:34,440 --> 00:03:36,920 the other side of what the other side is doing. 64 00:03:36,920 --> 00:03:40,080 The party of green, remember guys, is not left versus right, 65 00:03:40,080 --> 00:03:42,760 It's not red versus blue. It's the party of Bitcoin, the 66 00:03:42,760 --> 00:03:46,160 party of orange versus the party of green, the party of Fiat, the 67 00:03:46,160 --> 00:03:49,320 party of optimism, the party of prosperity, the party of hope 68 00:03:49,320 --> 00:03:54,320 versus party of nihilism, slavery and all the bad things 69 00:03:54,320 --> 00:03:56,160 under the sun. Anyway, it's going to be a great 70 00:03:56,160 --> 00:03:59,480 show ladies and gentlemen and we have some awesome guests today. 71 00:04:00,040 --> 00:04:02,520 But first I'm going to bring up my Co host who's always 72 00:04:02,520 --> 00:04:04,800 optimistic. That's why they call him 73 00:04:04,800 --> 00:04:06,560 optimist fields. How you doing Opti? 74 00:04:07,520 --> 00:04:10,360 I'm doing wonderful, man. Optimism is a superpower in 75 00:04:10,360 --> 00:04:13,000 clown world today. So you got to stay optimistic. 76 00:04:13,000 --> 00:04:14,880 And of course we're bit corners like life. 77 00:04:15,560 --> 00:04:18,000 How can we complain? We we got the best money in the 78 00:04:18,000 --> 00:04:20,240 world. We got the best operating system 79 00:04:20,240 --> 00:04:23,000 in the world and then we can lookout at the rest of the world 80 00:04:23,000 --> 00:04:25,160 and be like, man, y'all are crazy. 81 00:04:25,160 --> 00:04:27,480 What is going on here? Just simplify your life, man. 82 00:04:27,480 --> 00:04:30,040 Just simplify your life. Stack Bitcoin and chill. 83 00:04:30,240 --> 00:04:32,320 It's the it's the easiest life. Chill. 84 00:04:32,360 --> 00:04:35,120 You gotta brand that stacked Bitcoin and. 85 00:04:35,160 --> 00:04:38,440 It's the easiest thing to ever do And and back to kind of what 86 00:04:38,440 --> 00:04:40,480 you said in the beginning and I'm glad you're going to play 87 00:04:40,480 --> 00:04:44,040 the Jack Muellers clip. This is literally the shill. 88 00:04:44,040 --> 00:04:46,600 I tell everyone I I think I even brought it up yesterday. 89 00:04:46,600 --> 00:04:50,280 I was having a conversation with an Uber driver and she's telling 90 00:04:50,280 --> 00:04:52,440 me she's like, Oh yeah, trade stocks. 91 00:04:52,440 --> 00:04:55,040 And I'm trading cryptos and I'm watching the charts. 92 00:04:55,040 --> 00:04:58,960 And I'm like, I do not want to look at charts anymore in my 93 00:04:58,960 --> 00:05:01,440 life. I just want to stack Bitcoin and 94 00:05:01,440 --> 00:05:04,800 know that it's going to go up, that my purchasing power is not 95 00:05:04,800 --> 00:05:06,720 going down. It's so simple. 96 00:05:06,960 --> 00:05:09,720 We we live in this world now where we love to complicate 97 00:05:09,720 --> 00:05:11,200 things. And when you give them a simple 98 00:05:11,200 --> 00:05:13,680 answer, they're like, no, that that can't work. 99 00:05:13,680 --> 00:05:15,680 We got to do all this financial trickery to get rich. 100 00:05:15,680 --> 00:05:17,480 And you're like, no, just save in Bitcoin. 101 00:05:17,480 --> 00:05:20,400 It's literally this easy. Anyways, let's get up. 102 00:05:20,400 --> 00:05:22,520 Let's get our guests up. And before we get our guests up, 103 00:05:22,520 --> 00:05:25,000 I do want to give a very quick shout out to the Super Chat. 104 00:05:25,720 --> 00:05:28,280 Will and I appreciate the $2.00. I have arrived. 105 00:05:28,280 --> 00:05:30,840 I'll replay after. Appreciate it. 106 00:05:30,840 --> 00:05:32,400 Will, thank you so much for supporting the show. 107 00:05:32,400 --> 00:05:33,800 All right, ladies and gentlemen, no more delay. 108 00:05:33,800 --> 00:05:36,120 I do want to bring our very special guest. 109 00:05:36,320 --> 00:05:40,960 And of course we got the boys from the BTC Prague conference. 110 00:05:41,280 --> 00:05:43,120 We got Martin and we got Matthias. 111 00:05:43,120 --> 00:05:45,600 How you doing guys? Thank you so much for joining us 112 00:05:45,600 --> 00:05:48,760 on Simply Bitcoin Live. Hey, everyone. 113 00:05:49,520 --> 00:05:50,320 Hello. Thank you. 114 00:05:51,720 --> 00:05:54,520 The. Boys and and the brothers, yeah, 115 00:05:54,520 --> 00:05:58,520 we talk at the same time. Well, I appreciate you guys 116 00:05:58,520 --> 00:06:00,520 joining us. It was awesome seeing you guys 117 00:06:00,520 --> 00:06:02,840 at Bitcoin Atlantis in my later Portugal. 118 00:06:02,840 --> 00:06:05,280 It was really nice meeting you guys in the flesh and I'm so 119 00:06:05,280 --> 00:06:08,200 happy you guys join. Are going to join us today on on 120 00:06:08,200 --> 00:06:10,600 today's show. For anyone who doesn't know, 121 00:06:10,600 --> 00:06:14,120 these guys are the geniuses behind one of Europe's best 122 00:06:14,120 --> 00:06:17,200 conferences, the BTC Prague conference. 123 00:06:17,400 --> 00:06:21,040 You guys have an amazing lineup. Are you drinking, Mati? 124 00:06:22,080 --> 00:06:23,640 Yes, yes. Oh, what? 125 00:06:23,680 --> 00:06:26,040 You have Mati over there? Oh my God. 126 00:06:26,040 --> 00:06:27,360 OK, it's. Imported it's. 127 00:06:28,000 --> 00:06:32,280 Imported anyways, So yeah. So we're gonna talk a little bit 128 00:06:32,280 --> 00:06:34,400 about what are we gonna talk about today, Opti? 129 00:06:35,080 --> 00:06:38,440 Well, I asked them before the show. 130 00:06:38,440 --> 00:06:39,960 You know, I like to get some pre notes. 131 00:06:39,960 --> 00:06:43,120 Obviously we're gonna talk about BTC Prague, the conference 132 00:06:43,120 --> 00:06:46,840 that's going to happen in June. But they're telling me that they 133 00:06:46,840 --> 00:06:49,200 want to give a little history about the, you know, 134 00:06:49,240 --> 00:06:54,440 Czechoslovakia and why Czechs are such ardent bit corners. 135 00:06:54,440 --> 00:06:56,680 And I think there's going to be some good contact for you guys. 136 00:06:56,680 --> 00:07:00,200 So I'm I'm excited for this one. I love history lessons. 137 00:07:00,200 --> 00:07:01,600 Wait, it's check. Hold on. 138 00:07:01,760 --> 00:07:03,880 It's not Czechoslovakia. It's the Czech Republic. 139 00:07:03,920 --> 00:07:07,040 Oh, the Czech Republic. Yeah, #opti's stupid. 140 00:07:10,880 --> 00:07:12,840 No worries, we are. We are used to it. 141 00:07:14,040 --> 00:07:15,480 Hashtag. I'm an American. 142 00:07:15,480 --> 00:07:16,720 I went to public school in America. 143 00:07:16,720 --> 00:07:17,760 Oh man. Dude. 144 00:07:18,200 --> 00:07:21,600 Oh man, that's embarrassing. OK, but yes, we're going to talk 145 00:07:21,600 --> 00:07:24,400 about Prague. Absolutely Beautiful city as 146 00:07:24,400 --> 00:07:26,160 well. And we're going to talk about 147 00:07:26,160 --> 00:07:28,200 the conference. Lots to uncover, guys. 148 00:07:28,200 --> 00:07:30,080 Strap in. It's going to be a great show. 149 00:07:30,080 --> 00:07:31,920 We have a lot to talk about, guys. 150 00:07:32,800 --> 00:07:35,200 Someone in the comments. Opti's stuck in the 1980s. 151 00:07:35,800 --> 00:07:38,240 Oh man, alright. Guys wasn't even born yet and 152 00:07:38,240 --> 00:07:40,040 I'm still stuck in there. Oh man. 153 00:07:40,040 --> 00:07:42,440 Alright guys, before we jump into SO I do want to give a 154 00:07:42,440 --> 00:07:45,720 shout out to our lead sponsor and of course I am talking about 155 00:07:45,720 --> 00:07:49,800 our boys over at Bitcoin. Well Bitcoin well is the best 156 00:07:49,800 --> 00:07:54,560 place to build your automatic self custody Bitcoin stack. 157 00:07:54,560 --> 00:07:57,800 It's a publicly traded company coming out of Canada that 158 00:07:57,800 --> 00:08:02,240 recently expanded to all 50 States and that's right, it is 159 00:08:02,240 --> 00:08:04,360 self custody by default. You can't buy Bitcoin on 160 00:08:04,360 --> 00:08:07,120 Bitcoin. Well unless you are going to 161 00:08:07,400 --> 00:08:10,720 take self custody. Let's make self custody the 162 00:08:10,720 --> 00:08:15,800 default all over the world and guys, check out bitcoinwell.com 163 00:08:15,800 --> 00:08:17,440 today. I also want to give a shout out 164 00:08:17,440 --> 00:08:21,720 to the Bing Jackpot contest. Currently the jackpot is over 165 00:08:21,720 --> 00:08:25,960 3,000,000 satoshi's. The way you enter is by going to 166 00:08:25,960 --> 00:08:30,720 bitcoinwell.com/contest. If you're an existing user, you 167 00:08:30,720 --> 00:08:34,280 can go to the reward section and if you enter into the contest, 168 00:08:34,280 --> 00:08:36,159 you have an opportunity to win the jackpot. 169 00:08:36,480 --> 00:08:39,880 And of course we'll we've we have been giving away all these 170 00:08:39,880 --> 00:08:42,440 prizes over the last couple of weeks, like a passport, hardware 171 00:08:42,440 --> 00:08:46,400 wallet, a book by Seb Bunny, and we gave away seed place as well. 172 00:08:46,600 --> 00:08:49,320 So guys, check out the Bitcoin Jackpot contest. 173 00:08:49,520 --> 00:08:52,640 Every time you buy Bitcoin on Bitcoin, well, you earn some 174 00:08:52,640 --> 00:08:54,360 points. You could put it to the jackpot. 175 00:08:54,960 --> 00:08:56,040 You know, what do you have to lose? 176 00:08:56,040 --> 00:08:58,880 You stack some Sats and you have the opportunity to win more Sats 177 00:08:58,880 --> 00:09:03,040 only on bitcoinwell.com/contest. All right, everybody, no more 178 00:09:03,040 --> 00:09:04,720 delay. Hey, I love this. 179 00:09:04,720 --> 00:09:06,280 I love this message. I have to pull it up. 180 00:09:06,640 --> 00:09:10,000 Have to pull it up. Make self custody great again. 181 00:09:10,200 --> 00:09:11,960 Amen. Self custody by default. 182 00:09:11,960 --> 00:09:14,080 bitcoinwell.com. All right, everybody, let's get 183 00:09:14,080 --> 00:09:15,120 to the numbers. Let's do this. 184 00:09:15,120 --> 00:09:20,640 Here we go. The Bitcoin numbers. 185 00:09:21,120 --> 00:09:23,880 Is your Bitcoin and cold storage really secure? 186 00:09:24,040 --> 00:09:26,560 Is your seed phrase really secure? 187 00:09:26,680 --> 00:09:28,280 Stamp seeds? Do it yourself. 188 00:09:28,280 --> 00:09:32,000 Kit has everything you need to hammer your seed words into 189 00:09:32,000 --> 00:09:36,240 commercial grade titanium plates instead of just writing them on 190 00:09:36,240 --> 00:09:39,080 paper. Don't store your generational 191 00:09:39,080 --> 00:09:42,320 wealth on paper. Papers prone to water damage, 192 00:09:42,320 --> 00:09:44,320 fire damage. You want to put your 193 00:09:44,320 --> 00:09:47,400 generational wealth on one of the strongest metals on planet 194 00:09:47,400 --> 00:09:50,240 earth, Titanium. Your words are actually stamped 195 00:09:50,240 --> 00:09:53,800 into this metal plate with this hammer and these letter stamps. 196 00:09:53,840 --> 00:09:56,360 And once your words are in, they aren't going anywhere. 197 00:09:56,440 --> 00:10:00,080 No risk of the plate breaking apart and pieces falling 198 00:10:00,080 --> 00:10:02,520 everywhere. Titanium stamp seeds will 199 00:10:02,520 --> 00:10:05,480 survive nearly triple the heat produced by a house fire. 200 00:10:05,480 --> 00:10:08,640 They're also crush proof, waterproof, non corrosive, and 201 00:10:08,640 --> 00:10:10,880 time proof. All things that paper is not 202 00:10:10,920 --> 00:10:14,120 allowing you to huddle your Bitcoin with Peace of Mind for 203 00:10:14,200 --> 00:10:17,560 the long haul. Stamp your seed on stamp seed. 204 00:10:18,200 --> 00:10:20,160 All right ladies and gentlemen, I made it incredibly easy for 205 00:10:20,160 --> 00:10:22,240 you guys. You could scan the QR code on 206 00:10:22,240 --> 00:10:25,600 your screen right now to get you directly to the stamp seed 207 00:10:25,600 --> 00:10:30,000 website where you can use promo code simply to get 15% off. 208 00:10:30,040 --> 00:10:32,520 Guys, store your generational wealth properly. 209 00:10:32,520 --> 00:10:36,200 Don't want don't write your 24 word seed phrase on paper? 210 00:10:36,440 --> 00:10:39,640 Put it on titanium. And I've seen this talked about 211 00:10:39,640 --> 00:10:42,320 in the comments. You don't send your seed to 212 00:10:42,320 --> 00:10:44,840 stamp seed. They literally send you a stamp 213 00:10:44,840 --> 00:10:47,360 seed kit. So you could do it at home in 214 00:10:47,360 --> 00:10:50,360 the privacy of your own home. It's absolutely awesome to give 215 00:10:50,360 --> 00:10:54,080 you a hammer, the actual little things to stamp the seed in. 216 00:10:54,080 --> 00:10:56,440 There's like a back plate. It's absolutely awesome. 217 00:10:56,520 --> 00:10:59,240 There's custom seed plates as well. 218 00:10:59,240 --> 00:11:02,200 Check out their website. Go to stamp seed today. 219 00:11:02,200 --> 00:11:03,560 All right. At the time of recording, the 220 00:11:03,560 --> 00:11:09,520 Bitcoin price is 69,930 stats per dollar, 1430 block height, 221 00:11:10,200 --> 00:11:17,520 836,388 blocks to having 3600 and six 3612 having estimate 222 00:11:17,800 --> 00:11:23,920 April 20th 2024 total Lightning network capacity 4343 Bitcoin 223 00:11:24,720 --> 00:11:26,840 stamp seed in the chat. Go pull it up Opti. 224 00:11:26,840 --> 00:11:28,040 Pull it up Opti. Pull it up. 225 00:11:28,280 --> 00:11:31,040 Stamp seed in the chat Opti went to Rockefeller Fiat school. 226 00:11:31,040 --> 00:11:33,880 Don't blame him. That's actually so funny you say 227 00:11:33,880 --> 00:11:38,320 that because we just had our boy Daniel Prince on to talk about 228 00:11:38,320 --> 00:11:41,680 Fiat schools that simply Bitcoin IRL is going to be dropping 229 00:11:41,680 --> 00:11:43,760 tomorrow at 5:00 PM Eastern Standard Time. 230 00:11:44,120 --> 00:11:47,920 Anyways, having estimate April 20th, 2024 total lightning 231 00:11:48,080 --> 00:11:53,440 network capacity 4343, Bitcoin capacity value 303 million, U.S. 232 00:11:53,440 --> 00:11:57,240 dollars Realized monetary inflation 1.73% The market 233 00:11:57,240 --> 00:12:02,000 capitalization of Bitcoin one point the yeah 1.38% one point 234 00:12:02,520 --> 00:12:08,600 1.38 trillion and the Bitcoin verse gold market cap 9.96%, 235 00:12:08,600 --> 00:12:12,000 almost 10%. I here that once the Bitcoin 236 00:12:12,000 --> 00:12:16,160 market cap reaches 10% of gold, there's a tear that goes down 237 00:12:16,160 --> 00:12:18,960 Peter Schiff's face. Anyways, ladies and gentlemen, I 238 00:12:18,960 --> 00:12:23,840 do want to show this epic epic video by Jack Ballers. 239 00:12:23,840 --> 00:12:27,080 I mean Jack Ballers and look, he says it best. 240 00:12:27,080 --> 00:12:29,480 I'm a simple man. We are simply Bitcoin. 241 00:12:29,480 --> 00:12:32,560 It's really that like there's there's there's a method to the 242 00:12:32,560 --> 00:12:34,040 madness. Is there a reason that we called 243 00:12:34,040 --> 00:12:36,560 this show simply Bitcoin? Because it's literally just 244 00:12:36,560 --> 00:12:39,600 simply Bitcoin. It's really that simple and 245 00:12:40,120 --> 00:12:42,560 seems like Jack Maulers is on that tip as well, he says. 246 00:12:42,560 --> 00:12:44,640 I'm a simple man. I own my business, the roof over 247 00:12:44,640 --> 00:12:45,880 my head in Bitcoin. That's it. 248 00:12:45,880 --> 00:12:48,040 That's My Portfolio. Everything else is short. 249 00:12:48,040 --> 00:12:49,000 Bitcoin. No thanks. 250 00:12:49,000 --> 00:12:52,240 Let's check it out. Don't own anything outside of 251 00:12:52,560 --> 00:12:56,240 Bitcoin, my house and my company, period. 252 00:12:56,520 --> 00:13:00,840 Because that and we internally at Strike, we actually have this 253 00:13:00,840 --> 00:13:03,400 culture where the cost of capital is Bitcoin. 254 00:13:04,080 --> 00:13:07,000 So it's like we don't, we don't have a culture where people are 255 00:13:07,000 --> 00:13:08,880 like, oh man, we're doing so well. 256 00:13:09,000 --> 00:13:11,680 We really want to hire all these people or we really want to get 257 00:13:11,680 --> 00:13:15,000 nicer, nicer desks. We don't have that. 258 00:13:15,200 --> 00:13:17,520 We as a business, we just stack sets. 259 00:13:19,000 --> 00:13:21,320 That's 'cause that's it, that's it. 260 00:13:21,680 --> 00:13:24,280 It's like everything that you spend capital on that isn't 261 00:13:24,280 --> 00:13:28,120 Bitcoin is your short Bitcoin. So for me personally, this is 262 00:13:28,120 --> 00:13:30,480 how I live my life. It's either an experience I 263 00:13:30,480 --> 00:13:36,680 value with people I love or it's a a home, a place where I can 264 00:13:36,680 --> 00:13:39,000 build experiences and take care of people that I love. 265 00:13:39,080 --> 00:13:40,960 That's it. That's it. 266 00:13:41,120 --> 00:13:43,440 I eat ground beef. It is. 267 00:13:43,520 --> 00:13:47,200 It's crazy. But like, I I mean, my girl 268 00:13:47,600 --> 00:13:51,000 who's, you know, wasn't initially A bitcoiner when I met 269 00:13:51,000 --> 00:13:52,720 her. And initially you're like, oh 270 00:13:52,720 --> 00:13:57,320 man, you know, do you want to get a place in my. 271 00:13:57,320 --> 00:13:59,040 No, no, no. I get. 272 00:13:59,360 --> 00:14:04,320 I get homes if I live in them. I don't get real estate. 273 00:14:04,360 --> 00:14:07,800 I don't get fancy clothes. I don't get anything outside of 274 00:14:07,800 --> 00:14:09,560 SAT's. That's it. 275 00:14:09,920 --> 00:14:13,200 I'm not. I'm not buying fucking 276 00:14:13,720 --> 00:14:19,320 Balenciaga. Fucking no shorting Bitcoin for 277 00:14:19,480 --> 00:14:27,680 pants. I mean, dude, he's absolutely 278 00:14:27,680 --> 00:14:29,960 right. And then let's put the, let's 279 00:14:29,960 --> 00:14:33,400 put the, let's put the actual, you know, don't trust verify 280 00:14:33,400 --> 00:14:36,000 behind it. He's absolutely spot on. 281 00:14:36,320 --> 00:14:39,200 If, you know, if, if you're buying something else, you short 282 00:14:39,200 --> 00:14:40,960 Bitcoin. And if you actually take a look 283 00:14:40,960 --> 00:14:43,920 at the numbers, you guys know that we love this website. 284 00:14:43,920 --> 00:14:46,720 Price in Bitcoin 21. Yeah. 285 00:14:46,720 --> 00:14:49,680 I mean, everything gets cheaper. Housing it gets cheaper. 286 00:14:49,680 --> 00:14:51,720 Look, yeah, average house in the United Kingdom? 287 00:14:51,720 --> 00:14:54,240 92% cheaper if you've been living on a Bitcoin standard for 288 00:14:54,240 --> 00:14:56,760 five years. House in the US? 289 00:14:56,800 --> 00:15:02,080 87% cheaper. Commodities, propane, gasoline, 290 00:15:02,080 --> 00:15:07,080 natural gas, oil. All 90% plus cheaper if you've 291 00:15:07,080 --> 00:15:08,480 been living on a Bitcoin standard. 292 00:15:08,480 --> 00:15:10,160 Precious metal. This is for you Peter. 293 00:15:10,160 --> 00:15:13,960 Ship gold has got a 92% cheaper if you've been living on a 294 00:15:13,960 --> 00:15:15,520 Bitcoin standard. What about Fiat? 295 00:15:15,520 --> 00:15:21,640 Same thing, Dollar, 94% cheaper. I mean, look, I mean, it's 296 00:15:21,640 --> 00:15:25,280 pretty self-explanatory. Look, this is personally the 297 00:15:25,280 --> 00:15:27,760 life philosophy that I live on, right? 298 00:15:27,920 --> 00:15:29,760 Obviously you need a roof over your head. 299 00:15:30,520 --> 00:15:33,240 You need the basics, I would say. 300 00:15:33,800 --> 00:15:38,640 But yeah, I mean, I think I saw a post actually on Nasser by 301 00:15:38,640 --> 00:15:42,560 American Hoddle. I mean, look, someone in the 302 00:15:42,560 --> 00:15:46,440 chat stock market, Mike says. Pants greater than Bitcoin. 303 00:15:46,440 --> 00:15:49,320 Yeah, 100% if you have. Bitcoin greater than pants? 304 00:15:49,640 --> 00:15:51,320 Bitcoin greater than pants. Yeah, that's right. 305 00:15:51,320 --> 00:15:54,880 If you have pants, if you still own pants, you are short 306 00:15:54,880 --> 00:15:57,480 Bitcoin. But if you get arrested for 307 00:15:57,480 --> 00:15:59,960 walking around without pants, it is not my fault. 308 00:15:59,960 --> 00:16:05,480 I didn't say that, but but yeah man, I I 100% agree with the way 309 00:16:05,480 --> 00:16:07,120 that Jack Mahlers is approaching it. 310 00:16:08,240 --> 00:16:11,640 Maybe it's a generational thing, Opti, maybe it's a generational 311 00:16:11,640 --> 00:16:13,840 thing, man, because I've seen this. 312 00:16:14,280 --> 00:16:16,560 It's a little bit different. I've seen I I don't want to name 313 00:16:16,560 --> 00:16:19,880 any names, but let's say I've had people on on. 314 00:16:20,760 --> 00:16:24,480 IRL two weeks ago on. IRL that you know are like, look 315 00:16:24,480 --> 00:16:27,880 like you know, you're you're gonna you're gonna buy the nice 316 00:16:27,880 --> 00:16:29,280 things and you're gonna buy the thing. 317 00:16:29,280 --> 00:16:31,320 It's like, dude, I can afford the nice things. 318 00:16:31,320 --> 00:16:34,960 I just like, you know, I would rather have more sats, right? 319 00:16:36,120 --> 00:16:39,720 So yeah, and I saw Hoddle, Hoddle say something very 320 00:16:39,720 --> 00:16:42,720 similar on Noster and literally it was. 321 00:16:42,880 --> 00:16:46,480 And again, what's interesting is if all these people are kind of 322 00:16:46,480 --> 00:16:51,200 saying the similar, a similar thing, then I mean I don't think 323 00:16:51,200 --> 00:16:53,360 it's just one person feeling this way. 324 00:16:53,880 --> 00:16:57,120 Here is here's Hoddle he, he tweeted this about a day ago 325 00:16:57,120 --> 00:16:59,840 this on Noster, he said after American Hoddle. 326 00:16:59,840 --> 00:17:01,320 He says. After having a little money for 327 00:17:01,320 --> 00:17:04,480 a few years and dabbling and some of the finer things, I 328 00:17:04,480 --> 00:17:06,720 could tell you that nothing beats an ordinary life. 329 00:17:07,000 --> 00:17:10,119 Getting a slice of pizza and seeing a movie with your wife. 330 00:17:10,119 --> 00:17:12,240 Hitting the bar and having drinks and conversation with 331 00:17:12,240 --> 00:17:13,680 your friends. Hanging out at the park. 332 00:17:13,920 --> 00:17:16,560 Throwing a Frisbee around. Taking kids for ice cream on a 333 00:17:16,560 --> 00:17:19,520 hot summer day. An economy plane ticket to go 334 00:17:19,520 --> 00:17:22,839 visit family or an old friend. A reliable car that takes you 335 00:17:22,839 --> 00:17:26,119 where you need to go. A great blanket to snuggle in, 336 00:17:26,119 --> 00:17:29,720 Snuggle up in on a cold day if you have these things. 337 00:17:29,720 --> 00:17:31,720 Trust me, you're wealthier than you know. 338 00:17:31,920 --> 00:17:35,600 Drinking $1000 wine and eating caviar with famous people won't 339 00:17:35,600 --> 00:17:38,000 make you any happier. In fact, it may. 340 00:17:38,000 --> 00:17:41,440 It may have the opposite effect as the Bitcoin price rises. 341 00:17:41,440 --> 00:17:44,040 You should definitely dabble and fancy shit if you feel 342 00:17:44,040 --> 00:17:48,000 compelled, but once you get a peek behind the curtain, you'll 343 00:17:48,000 --> 00:17:50,280 find out pretty quickly. It's hollow and meaningless 344 00:17:50,280 --> 00:17:52,200 compared to the things that really matter. 345 00:17:52,200 --> 00:17:56,280 Ladies and gentlemen, I live in Miami and I can fucking 100% 346 00:17:56,280 --> 00:18:01,560 attest to what American Huddle just said in that look. 347 00:18:01,560 --> 00:18:04,200 It's pretty simple. Life is pretty straightforward. 348 00:18:04,200 --> 00:18:07,320 If you can put food on the table for your family, if you have, 349 00:18:07,320 --> 00:18:11,200 you put a roof over your head, If you do what you love, if you 350 00:18:11,200 --> 00:18:16,720 have a purpose to get up in the morning, you know, I I I think 351 00:18:16,760 --> 00:18:19,560 you'll be happy. Life is pretty straightforward 352 00:18:19,560 --> 00:18:22,280 that way. And what's awesome about Bitcoin 353 00:18:22,280 --> 00:18:26,080 is that you know it it it, it gives you the tool. 354 00:18:26,080 --> 00:18:30,320 It empowers everyone to live that life, that live live the 355 00:18:30,320 --> 00:18:32,960 life that they want to live, being able to provide for their 356 00:18:32,960 --> 00:18:35,600 family, being able to put a roof over their head. 357 00:18:35,880 --> 00:18:38,640 And I think in the Fiat world, I think that's impossible. 358 00:18:38,640 --> 00:18:42,200 You can't have that life as long as money's stealing from you. 359 00:18:43,000 --> 00:18:46,320 And this is more, this is, this is you could see this more in 360 00:18:46,320 --> 00:18:49,720 countries that don't have, you know, the financial privilege 361 00:18:49,720 --> 00:18:52,800 that we have in the West, that we have relatively stable Fiat 362 00:18:52,800 --> 00:18:56,240 currencies that are not stealing from us enough for us to, for 363 00:18:56,240 --> 00:18:58,360 the vast majority of the population to notice. 364 00:18:59,080 --> 00:19:02,640 But yeah, man, Bitcoin fixes this, you know, fix the money, 365 00:19:02,640 --> 00:19:05,520 fix the world. And, you know, just stay humble. 366 00:19:05,520 --> 00:19:07,880 This is what about humble? This is what humble's being all 367 00:19:07,880 --> 00:19:10,000 about. Look, Mahler's is, you know, the 368 00:19:10,000 --> 00:19:12,600 CEO of one of the most successful Bitcoin companies in 369 00:19:12,600 --> 00:19:15,040 the industry. And he's a simple man. 370 00:19:15,080 --> 00:19:17,680 I'm a simple man too. Opti, on the other hand, he's 371 00:19:17,680 --> 00:19:21,040 gonna get, he's gonna get leopards and gold chains. 372 00:19:21,080 --> 00:19:23,360 Opti, could you pull up your picture 'cause that that shit's 373 00:19:23,360 --> 00:19:25,960 absolutely on? It pass it to the guests and 374 00:19:25,960 --> 00:19:28,360 then. But I I will say this, guys like 375 00:19:29,280 --> 00:19:34,520 the the high life, the the the Miami life, the Lambo life, it's 376 00:19:34,520 --> 00:19:39,440 it's very overrated. Life has a lot more purpose, a 377 00:19:39,440 --> 00:19:41,040 lot more things to make you happy. 378 00:19:41,200 --> 00:19:44,080 Start a family, have kids and do what you love. 379 00:19:44,280 --> 00:19:48,720 And yeah, if what you love is driving Lamborghinis, then OK, 380 00:19:48,720 --> 00:19:51,280 fine. But I would say 99% of people 381 00:19:51,280 --> 00:19:54,200 don't fit into that category and we pass it on to Martin first. 382 00:19:54,520 --> 00:19:58,920 So wait before I do that this is what happens when Bitcoin hits, 383 00:20:00,080 --> 00:20:06,040 you know, 100K, this is Opti. But the the rest of us, you 384 00:20:06,040 --> 00:20:09,320 know, the the rest of us live a little. 385 00:20:09,320 --> 00:20:11,320 Bit there will be signs, right there will be signs. 386 00:20:11,760 --> 00:20:14,240 There will be signs but. Let let hold on, Let's back up. 387 00:20:14,240 --> 00:20:17,480 That's in like 20-30 years, man. Can't your boy live after a 388 00:20:17,480 --> 00:20:20,360 certain point? Man, All right, So, Martin. 389 00:20:20,600 --> 00:20:24,520 Nico does living in Miami instead of children public means 390 00:20:24,520 --> 00:20:26,240 that you are shorting the Bitcoin. 391 00:20:26,320 --> 00:20:29,160 Yes, yes, 100%. I want to get the F out of here. 392 00:20:29,160 --> 00:20:31,480 I've been wanting to get the F out of here. 393 00:20:31,480 --> 00:20:36,120 See, Miami is an interesting place because it's so much fun 394 00:20:36,440 --> 00:20:40,160 and it's so alluring that you know, you could literally be 395 00:20:40,160 --> 00:20:43,680 doing the same exact thing for like 10-15 years. 396 00:20:43,680 --> 00:20:46,320 And what happens is that it's an effing time machine. 397 00:20:46,320 --> 00:20:50,080 So your body ages right, And you see the people around you 398 00:20:50,080 --> 00:20:55,160 getting older, but you're doing the exact same thing and it's 399 00:20:55,160 --> 00:20:57,560 just as fun. So Miami's a bit of a trap. 400 00:20:57,560 --> 00:21:00,520 It's a great city to live, but at the same time it's the most 401 00:21:00,520 --> 00:21:03,160 Fiat fucking city on the face of the planet. 402 00:21:03,440 --> 00:21:10,720 And if you if you move here yeah it's it's it's you're definitely 403 00:21:10,720 --> 00:21:12,320 short Bitcoin if you live in Miami. 404 00:21:12,320 --> 00:21:14,240 So trying to trying to get the F out of here. 405 00:21:14,520 --> 00:21:17,400 Anyways, Martin, I hope that answered your question. 406 00:21:18,200 --> 00:21:19,720 Yeah, yeah, yeah. You answered the question. 407 00:21:19,720 --> 00:21:21,600 You are more than welcome to join us here, man. 408 00:21:21,600 --> 00:21:25,720 And I believe that you're going to be surprised how welcoming 409 00:21:25,720 --> 00:21:28,640 and how many opportunities and options you have here. 410 00:21:28,680 --> 00:21:33,160 And as we told before, the live show that nobody gives gives a 411 00:21:33,160 --> 00:21:36,040 shit in Czech Republic, so you can really do whatever you want, 412 00:21:36,320 --> 00:21:40,600 Be happy stack sets, be humble and still enjoy and not being 413 00:21:40,600 --> 00:21:44,720 like sorry for yourself that you are short on Bitcoin just 414 00:21:44,720 --> 00:21:47,160 because living Fiat Miami style we have. 415 00:21:47,160 --> 00:21:52,200 No offense, man, Yeah. Yeah, throw him under the bus. 416 00:21:52,520 --> 00:21:55,480 I definitely don't. I definitely, I definitely don't 417 00:21:55,480 --> 00:21:59,240 live the Fiat, the the Miami Fiat lifestyle anymore. 418 00:21:59,480 --> 00:22:03,880 Nice in the suburbs. Go to sleep at 9:00 PM, you 419 00:22:03,880 --> 00:22:07,000 know, Get worried about Opti if he stays past, if he's, if he's 420 00:22:07,000 --> 00:22:08,280 out and about. Sleep at all. 421 00:22:08,320 --> 00:22:10,560 You text me at like 1:00 AM my time. 422 00:22:11,360 --> 00:22:15,960 Bro I'm nocturnal. I I I worry about things but I'm 423 00:22:15,960 --> 00:22:17,160 I. What I'm trying to say is I 424 00:22:17,160 --> 00:22:19,360 relax. Anyways Matthias what what are 425 00:22:19,360 --> 00:22:22,040 your what are your thoughts on this man What are your thoughts 426 00:22:22,040 --> 00:22:24,240 on what Mahler's said Do you agree with him? 427 00:22:24,240 --> 00:22:25,120 Do you disagree? I. 428 00:22:25,960 --> 00:22:29,720 Absolutely agree and I believe that Bitcoin has a great side 429 00:22:29,720 --> 00:22:33,920 effects that it humbles people. Like some people are natural for 430 00:22:34,080 --> 00:22:36,920 being humble and if they make money in different business, 431 00:22:36,920 --> 00:22:41,600 they still do the same stuff and enjoy the normal life, which is 432 00:22:41,600 --> 00:22:44,240 great. I've been living on on the 433 00:22:44,240 --> 00:22:46,720 village. I like to grow my own vegetable 434 00:22:46,720 --> 00:22:50,600 and it doesn't matter how much money I have, how much Bitcoin I 435 00:22:50,600 --> 00:22:52,960 have, I will be still doing the same shit, you know. 436 00:22:53,760 --> 00:22:59,880 Sorry to swear don't want to ruin your algorithms, but no I 437 00:22:59,880 --> 00:23:04,120 absolutely agree. And the portfolio like once you 438 00:23:04,120 --> 00:23:07,760 decide or realize that the Bitcoin is so strong you don't 439 00:23:07,760 --> 00:23:13,800 want to spend anything what is not necessary because you just 440 00:23:14,160 --> 00:23:19,080 you just know that it will get 10 times less expensive, 10 441 00:23:19,080 --> 00:23:21,080 times cheaper and 100 times cheaper. 442 00:23:21,360 --> 00:23:27,000 So the time preference, the side effect of Bitcoin is that you 443 00:23:27,000 --> 00:23:30,280 learn about the time preference and that changes everything A. 444 00:23:31,080 --> 00:23:34,600 100% yeah the the time preference right Miami is 445 00:23:34,600 --> 00:23:37,680 definitely high time preference is is Prague. 446 00:23:37,680 --> 00:23:40,800 Is it safe to say that Prague is a low time preference city? 447 00:23:43,720 --> 00:23:47,480 Good question man. I it it go you need to maybe 448 00:23:47,480 --> 00:23:50,760 just judge case by case. You know the city center of the 449 00:23:50,760 --> 00:23:54,040 Old Town is definitely like high time preference. 450 00:23:54,040 --> 00:23:57,320 A lot of clubs, a lot of parties, a lot of tourists 451 00:23:57,360 --> 00:24:01,280 spending a nonsense amount of money on like standard stuff. 452 00:24:01,760 --> 00:24:05,040 But if you go like out of the city center, I believe that 453 00:24:05,040 --> 00:24:10,240 chicks are mostly humble ones. You know, definitely compared to 454 00:24:10,240 --> 00:24:12,600 like Miami standard. Yeah, I would say. 455 00:24:13,480 --> 00:24:16,120 OK, OK. But you can definitely find low 456 00:24:16,120 --> 00:24:18,600 time preference areas. Is that safe to say? 457 00:24:19,280 --> 00:24:21,880 Absolutely, yeah. We have many villages, many 458 00:24:21,880 --> 00:24:26,360 small villages where people still live in a self sustained 459 00:24:26,360 --> 00:24:28,480 way. They they like to grow their own 460 00:24:28,480 --> 00:24:32,520 vegetable after work. They work on the garden and and 461 00:24:32,520 --> 00:24:36,160 and they craft something and I would say that's that's a sign 462 00:24:36,320 --> 00:24:39,280 of low time preference. Amen to that. 463 00:24:39,360 --> 00:24:41,440 Amen to that. All right, guys. 464 00:24:41,680 --> 00:24:43,800 Well, we have a Wait. Let me get my tape before you 465 00:24:43,800 --> 00:24:45,080 cut me off again. No, no. 466 00:24:45,760 --> 00:24:46,680 Hear it? OK, fine. 467 00:24:46,680 --> 00:24:48,040 If you're going to give your tape, we're going to. 468 00:24:48,120 --> 00:24:49,720 Have this up. Yeah, yeah, fine. 469 00:24:49,720 --> 00:24:52,280 That's fine by me. That's fine by me Again, guys. 470 00:24:52,280 --> 00:24:53,760 Hey, let your boy live a little bit. 471 00:24:53,760 --> 00:24:56,120 Just a little bit. Like, well, I think we all want 472 00:24:56,120 --> 00:24:57,280 cheetahs. What's going on here? 473 00:24:57,840 --> 00:25:00,440 No, but but seriously, what? What? 474 00:25:00,440 --> 00:25:02,360 Jack. What Jack mileage was saying. 475 00:25:02,560 --> 00:25:05,320 It's like same literally just own Bitcoin. 476 00:25:05,800 --> 00:25:07,720 Simply Bitcoin in like recording gear. 477 00:25:07,720 --> 00:25:09,640 I I don't own anything more than that. 478 00:25:09,640 --> 00:25:13,240 I have a shitty Toyota that I think it's like I I don't even 479 00:25:13,240 --> 00:25:16,720 know when it is it's like 2007 or something like that like it's 480 00:25:16,720 --> 00:25:20,840 older than Bitcoin. It's it runs I I just need a car 481 00:25:20,840 --> 00:25:24,360 to go from point A to point B. And I I've had this thought 482 00:25:24,360 --> 00:25:27,520 experiment with myself. I I maybe I even said it to Nika 483 00:25:27,520 --> 00:25:30,960 one time where it's like look guys ask yourself right now if 484 00:25:30,960 --> 00:25:33,480 if you're doing what you love if you're doing what you really 485 00:25:33,480 --> 00:25:36,320 enjoy in life. You know, if you were gifted $10 486 00:25:36,320 --> 00:25:38,600 million right now, like, what would you do? 487 00:25:39,080 --> 00:25:41,680 My answer was like, I just like buy more Bitcoin. 488 00:25:41,680 --> 00:25:43,880 Like that's the only thing I want. 489 00:25:43,880 --> 00:25:46,000 It's just more Bitcoin. Everything else is like, yeah, 490 00:25:46,000 --> 00:25:48,400 you want to enjoy your life, you know, even Jack Mahler's kind of 491 00:25:48,400 --> 00:25:50,960 said I want to. The only thing I spend my money 492 00:25:50,960 --> 00:25:53,400 on is experiences. And I the only thing I spend my 493 00:25:53,400 --> 00:25:56,120 money on is like food. That's all I really care about 494 00:25:56,120 --> 00:25:58,480 is like eating some decent food, eat getting steaks. 495 00:25:58,640 --> 00:26:03,560 Like that's about it. And I think this is definitely a 496 00:26:03,560 --> 00:26:08,840 a thing that we are experiencing and coming up against with the 497 00:26:08,840 --> 00:26:11,360 Fiat world because everyone comes for Bitcoin because they 498 00:26:11,360 --> 00:26:13,120 all want to get rich, right like everyone has. 499 00:26:13,120 --> 00:26:16,720 The meme came for Bitcoin, for the money, stayed in Bitcoin to 500 00:26:16,720 --> 00:26:19,880 fix the money. And we're so used to 501 00:26:19,880 --> 00:26:23,200 complicating our lives to be everyone, be an investor in the 502 00:26:23,200 --> 00:26:26,320 Fiat world that once you start to simplify your life and 503 00:26:26,320 --> 00:26:29,000 accumulate Bitcoin, you realize a lot of the things that you 504 00:26:29,000 --> 00:26:31,400 kind of want. You're just like, I really don't 505 00:26:31,400 --> 00:26:32,960 even need this. All I really want is more 506 00:26:32,960 --> 00:26:35,920 Bitcoin. And as long as like even the 507 00:26:35,920 --> 00:26:38,800 huddle post, I saw that this morning and I was like, yeah, 508 00:26:38,800 --> 00:26:41,080 shout out the huddle. You know, he's always kind of 509 00:26:41,080 --> 00:26:43,120 been like a Big Brother where he's gone through the 510 00:26:43,120 --> 00:26:46,160 experiences and then he'll be like you'll after, like you'll 511 00:26:46,160 --> 00:26:48,520 go through this soon. And when I read that this 512 00:26:48,520 --> 00:26:51,560 morning, I was like, man, you're boys blessed right now. 513 00:26:51,560 --> 00:26:53,120 Like you're boys thriving right now. 514 00:26:53,120 --> 00:26:55,200 It feels so good and it's just 'cause we're on the Bitcoin 515 00:26:55,200 --> 00:26:57,600 standard. And then I just want to touch on 516 00:26:57,760 --> 00:26:59,480 Jack Mahler's at the very end of that. 517 00:26:59,480 --> 00:27:02,840 He's like, if you are buying Balenciaga pants, you are 518 00:27:02,840 --> 00:27:05,320 shorting Bitcoin. Like, couldn't be me. 519 00:27:05,600 --> 00:27:09,200 Absolutely hilarious. But to be fair though, Jack, 520 00:27:09,200 --> 00:27:13,120 Jack Ballers has some pretty fly hoodies. 521 00:27:13,120 --> 00:27:15,360 So you know, he owns some things. 522 00:27:15,360 --> 00:27:17,000 He's got some fresh hoodies out there. 523 00:27:17,000 --> 00:27:18,800 I know you guys are seeing his hoodies. 524 00:27:18,800 --> 00:27:20,520 He's got some good, some good hoodies over there. 525 00:27:20,520 --> 00:27:23,640 So hey, he owns a few things more than just Bitcoin. 526 00:27:23,680 --> 00:27:25,880 Opti doxing. Opti doxing. 527 00:27:26,000 --> 00:27:27,520 Do you guys seen him? He's got fresh. 528 00:27:27,520 --> 00:27:29,760 Hoodies. Speaking of hoodies guys, if you 529 00:27:29,760 --> 00:27:32,640 want to support the show, make sure to stack some Sats first, 530 00:27:32,760 --> 00:27:34,760 but go check out our new collection. 531 00:27:34,760 --> 00:27:39,120 We teamed up with the Bitcoin artist called Asanoa and we have 532 00:27:39,160 --> 00:27:41,880 different like, check this out. The Peaceful Bitcoin Revolution 533 00:27:42,200 --> 00:27:44,440 shirt. We got the Gold Bitcoin, Gold 534 00:27:44,440 --> 00:27:47,240 Bitcoin Pill shirt. We got a gold Bitcoin snapback. 535 00:27:47,240 --> 00:27:50,600 We got a gold Bitcoin dad hat. We got ladies merch as well. 536 00:27:50,600 --> 00:27:54,920 It's flying off the shelf so get yours while supplies last, go 537 00:27:54,920 --> 00:27:57,520 check out our new collection. You can scan the QR code or 538 00:27:57,520 --> 00:27:59,680 check the link in the video description. 539 00:27:59,680 --> 00:28:01,560 All right, ladies and gentlemen, let's get to the news. 540 00:28:04,080 --> 00:28:08,160 The Daily News. I want to give a shout out to 541 00:28:08,160 --> 00:28:12,520 our sponsor, Foundation Devices. It's self custody done right. 542 00:28:12,520 --> 00:28:16,120 They built a premium grade hardware wallet called Passport 543 00:28:16,280 --> 00:28:19,200 right here in the US. It's fully open source and 544 00:28:19,200 --> 00:28:21,840 verifiable. It's the most intuitive Bitcoin 545 00:28:21,840 --> 00:28:25,720 wallet designed with the UX reminiscent of a simple feature 546 00:28:25,720 --> 00:28:28,600 phone so you will know how to navigate it and use it the 547 00:28:28,600 --> 00:28:31,880 moment you pick it up. Get your Bitcoin off exchanges 548 00:28:31,880 --> 00:28:34,600 and into your into your own hands in just a few minutes. 549 00:28:34,600 --> 00:28:37,640 Experience the Peace of Mind that comes with taking ownership 550 00:28:37,680 --> 00:28:40,640 of your own keys. After a massive sell out during 551 00:28:40,640 --> 00:28:44,640 Bitcoin Miami 2023, the passport is back in stock at 552 00:28:44,640 --> 00:28:48,360 foundationdevices.com. Bitcoin only, open source, 553 00:28:48,360 --> 00:28:52,320 verifiable completely air gap security model, gorgeous design, 554 00:28:52,320 --> 00:28:55,680 craft premium grade materials. If you're thinking about getting 555 00:28:55,680 --> 00:28:58,520 your Bitcoin off exchanges, this is the one for you. 556 00:28:58,760 --> 00:29:01,920 Check out the passport link in the show notes below to learn 557 00:29:01,920 --> 00:29:03,960 more. All right ladies and gentlemen, 558 00:29:03,960 --> 00:29:05,560 I made it incredibly easy for you guys. 559 00:29:05,560 --> 00:29:08,200 You can scan the QR code code on your screen. 560 00:29:08,200 --> 00:29:11,720 It'll take you directly to the Passport by Foundation Devices 561 00:29:11,720 --> 00:29:13,720 website. You can get yourself an open 562 00:29:13,720 --> 00:29:17,240 source Bitcoin hardware wallet. Remember guys, not your keys, 563 00:29:17,640 --> 00:29:20,560 not your cheese. Our ETF update. 564 00:29:20,560 --> 00:29:25,120 These guys are just stacking the corn elevator. 565 00:29:25,120 --> 00:29:27,600 If you fix Check Engine Light, you're short Bitcoin. 566 00:29:28,760 --> 00:29:31,400 That is absolutely hilarious. Hey, safety is a priority, bro, 567 00:29:31,680 --> 00:29:35,800 OK? Anyway, so MicroStrategy stack 568 00:29:35,800 --> 00:29:41,760 currently a 214,000 Bitcoin marathon. 16,930 Bitcoin 569 00:29:42,000 --> 00:29:44,320 Grayscale Bitcoin Trust, currently sitting on three. 570 00:29:44,640 --> 00:29:48,240 Whoa, whoa, yeah, the grayscale 350,000 Bitcoin. 571 00:29:48,800 --> 00:29:51,360 If you guys zoom in a little bit, you see that little, like 572 00:29:51,360 --> 00:29:54,280 literally falling off a Cliff. That's the down. 573 00:29:54,320 --> 00:29:57,240 That's where the down downward cell pressure, that's where it's 574 00:29:57,240 --> 00:29:59,960 coming from. The good news is though, is that 575 00:29:59,960 --> 00:30:02,480 grayscale could only sell that Bitcoin one time. 576 00:30:02,480 --> 00:30:06,160 So once they run out of Bitcoin to sell, you know, there's, 577 00:30:06,640 --> 00:30:08,520 that's it, right? And the halving's around the 578 00:30:08,520 --> 00:30:12,000 corner. Absolute scarcity, you know, and 579 00:30:12,000 --> 00:30:15,080 it just kind of builds this perfect situation. 580 00:30:15,320 --> 00:30:19,600 Currently the BlackRock Bitcoin Trust continuing to stack SAT's 581 00:30:19,600 --> 00:30:25,320 like crazy. 243,000 Bitcoin. Fidelity seems to be going a 582 00:30:25,320 --> 00:30:31,520 little bit sideways. 136,000 Bitcoin Anyways, here is the 583 00:30:31,520 --> 00:30:34,120 downward cell pressure. This is literally what caused 584 00:30:34,120 --> 00:30:36,360 the dump that we all experienced. 585 00:30:36,360 --> 00:30:38,760 I hope you guys had an opportunity to stack Bitcoin at 586 00:30:38,760 --> 00:30:44,120 60, two $63,000, but it was coming from GBTC and you guys 587 00:30:44,120 --> 00:30:47,280 can check out this chart by Huddle 15 Capital. 588 00:30:48,120 --> 00:30:50,840 The inflows have been mostly green on most on most of the 589 00:30:50,840 --> 00:30:57,280 days, but on March 18th, 19th, 20/21/22, yeah and 22, the 590 00:30:57,400 --> 00:31:00,320 outflows have been red. And this is again. 591 00:31:00,320 --> 00:31:02,520 Once again, this goes back to what I was saying about the 592 00:31:02,520 --> 00:31:05,240 grayscale trust. People are just, you know, 593 00:31:05,360 --> 00:31:06,960 dumping, dumping their grayscale. 594 00:31:06,960 --> 00:31:09,080 They don't like it. Maybe they're trying to move 595 00:31:09,080 --> 00:31:13,440 over to BlackRock, another ETF, because you know, they they they 596 00:31:13,440 --> 00:31:16,760 give better fees, right? But anyways, again, once 597 00:31:16,760 --> 00:31:20,120 Grayscale runs out of Bitcoin, once people you know, you know 598 00:31:20,120 --> 00:31:22,040 get Sarah, they they get comfortable with it. 599 00:31:22,080 --> 00:31:24,840 You know that stops anyways. So it looks like it's flipped 600 00:31:24,840 --> 00:31:27,560 green finally. And you know that explains the 601 00:31:27,560 --> 00:31:30,200 run up. Here's an article literally 602 00:31:30,200 --> 00:31:33,880 called Finally, Bitcoin ETFs are making Enormous comeback. 603 00:31:33,880 --> 00:31:36,040 Those are big words. Anyways, it goes on to say 604 00:31:36,040 --> 00:31:39,240 Bitcoin ETFs are finally making a comeback with net outflows 605 00:31:39,240 --> 00:31:42,000 turning into inflows thanks to the market recovery. 606 00:31:42,200 --> 00:31:45,040 After a period of consistent outflows, a changes here 607 00:31:45,040 --> 00:31:48,120 signaling a potential trend change for Bitcoin. 608 00:31:48,600 --> 00:31:50,880 According to So So values latest data. 609 00:31:50,880 --> 00:31:54,000 The Bitcoin spot ETF's have received a substantial net 610 00:31:54,000 --> 00:31:59,200 inflow of 15.7 million disrupting A5 day sequence of 611 00:31:59,200 --> 00:32:02,520 net outflows. In stark contrast, Grayscale's 612 00:32:02,520 --> 00:32:08,400 Bitcoin Trust experience a single day net outflow of $350 613 00:32:08,400 --> 00:32:10,560 million. People are really trying to get 614 00:32:10,560 --> 00:32:12,600 rid of grayscale. Leading the charge in this 615 00:32:12,600 --> 00:32:16,440 influx of Fidelity's Bitcoin ETF, which alone accounted for a 616 00:32:16,440 --> 00:32:19,840 remarkable $216 million in that inflows. 617 00:32:20,120 --> 00:32:24,480 Not far behind was BlackRock ETF with a commendable net inflow of 618 00:32:24,480 --> 00:32:28,600 35.48 million in one day. Such movements on the markets 619 00:32:28,600 --> 00:32:32,280 may suggest we are on the cusp of a significant rally reversal, 620 00:32:32,520 --> 00:32:35,120 potentially laying the groundwork for groundwork for 621 00:32:35,120 --> 00:32:38,240 bitcoins growth. Investor sentiment as reflected 622 00:32:38,240 --> 00:32:42,720 in ETF inflows often precedes broader market trends implying 623 00:32:42,760 --> 00:32:45,880 renewed confidence in the assets future. 624 00:32:46,040 --> 00:32:49,240 Now all that being said, all that bullish news being said, 625 00:32:49,440 --> 00:32:54,120 remember ladies and gentlemen, the having is in less than a 626 00:32:54,120 --> 00:32:57,000 month. I think it's let me check Clark 627 00:32:57,000 --> 00:33:01,040 Moody's dashboard right now. It's currently April 20th, 2024. 628 00:33:01,040 --> 00:33:04,720 So in less than a month the downward cell pressure from the 629 00:33:04,720 --> 00:33:07,560 miners is literally going to get cut in half. 630 00:33:07,800 --> 00:33:12,640 Not to mention, if you take a look on the amount of Bitcoin 631 00:33:12,640 --> 00:33:15,720 left on exchanges, it continues to go down. 632 00:33:15,720 --> 00:33:19,680 This really hasn't happened in in Bitcoin's history, right? 633 00:33:19,840 --> 00:33:22,840 Usually what tends to happen when the price of Bitcoin goes 634 00:33:22,840 --> 00:33:26,880 up, usually the amount of Bitcoin on exchanges tends to go 635 00:33:26,880 --> 00:33:29,280 up with it because people want to sell their Bitcoin. 636 00:33:29,400 --> 00:33:33,320 What we're seeing this cycle is the exact opposite. 637 00:33:33,320 --> 00:33:37,040 As the price of Bitcoin has gone up, the amount of Bitcoin 638 00:33:37,040 --> 00:33:41,600 leaving exchanges has gone down. So there's literally not enough 639 00:33:41,600 --> 00:33:44,600 Bitcoin to go around. Again, we're an uncharted 640 00:33:44,600 --> 00:33:47,040 territory. Bitcoin made an all time high 641 00:33:47,280 --> 00:33:51,000 before the halving. So I got to say, man, I feel it. 642 00:33:51,000 --> 00:33:53,160 I'm extremely excited about this cycle. 643 00:33:53,320 --> 00:33:56,240 I think it's going to blow a lot of people's minds away. 644 00:33:56,720 --> 00:34:00,400 Like I said, we're in uncharted territory, but it's extremely 645 00:34:00,400 --> 00:34:03,640 exciting, man. It's, you know, I see the, I 646 00:34:03,640 --> 00:34:05,880 think that's the little thing behind you, right? 647 00:34:05,880 --> 00:34:10,280 The 21 million, It's Infinity divided by 21 million and Wall 648 00:34:10,280 --> 00:34:12,159 Street is just waking up to that reality. 649 00:34:12,159 --> 00:34:15,920 So it kind of explains why Mahler's you know, is acting the 650 00:34:15,920 --> 00:34:19,280 way he is, is kind of explains why you know you got to live 651 00:34:19,280 --> 00:34:22,120 below your means to stack those sats because if not, you're 652 00:34:22,120 --> 00:34:24,159 short Bitcoin Anyways, I'm going to start with Martin. 653 00:34:24,400 --> 00:34:25,880 Martin, what's your take on this man? 654 00:34:25,880 --> 00:34:27,920 The Bitcoin roller coaster been going up. 655 00:34:27,920 --> 00:34:29,880 We've been going down. How you doing? 656 00:34:29,880 --> 00:34:32,679 How you feeling? How you liking the Bitcoin 657 00:34:32,679 --> 00:34:35,520 roller coaster? Yeah, up forever, Laura, right? 658 00:34:36,120 --> 00:34:40,920 It's going up forever, yeah. No, man, I don't like to tell 659 00:34:40,920 --> 00:34:43,360 what the price of Bitcoin gonna be because it's hard. 660 00:34:43,639 --> 00:34:47,360 If you say something about the price of Bitcoin, you are on the 661 00:34:47,360 --> 00:34:50,679 same site saying what the price of the dollar gonna be. 662 00:34:50,679 --> 00:34:54,679 So if Bitcoin is gonna be $1 million, does it mean that 663 00:34:54,679 --> 00:34:58,840 Bitcoin is so great or the dollar is so useless, you know? 664 00:34:58,840 --> 00:35:01,520 Or maybe, maybe, maybe both. I don't know. 665 00:35:02,000 --> 00:35:06,200 But I'm super optimistic. There is no better thing to save 666 00:35:06,280 --> 00:35:08,960 our money in. So come on, you know I won't be 667 00:35:08,960 --> 00:35:13,680 doing BTC Prac, I won't be here, I won't be working for Bitcoin 668 00:35:13,680 --> 00:35:17,560 like crazy if I won't have like such a big trust in it. 669 00:35:17,880 --> 00:35:21,120 And it actually seems like a nonsense for me, How is it still 670 00:35:21,120 --> 00:35:25,720 possible possibly that people are waiting for 12 K to buy buy 671 00:35:25,720 --> 00:35:28,520 for Bitcoin? You know, I don't understand it, 672 00:35:28,520 --> 00:35:33,720 but but come on, yeah, I believe that we can expect like only 673 00:35:33,720 --> 00:35:37,360 great years and great months or I don't know, but the future is 674 00:35:37,560 --> 00:35:41,760 exciting from my perspective. 100% the future is exciting on a 675 00:35:41,760 --> 00:35:45,320 Bitcoin standard guys. We have 1000 live viewers 676 00:35:45,320 --> 00:35:48,160 between YouTube, Rumble and X, so if you guys are enjoying the 677 00:35:48,160 --> 00:35:51,400 show right now, make sure to smash that like button. 678 00:35:51,760 --> 00:35:54,880 If you see it on Rumble, there's a little Gray thumbs up and if 679 00:35:54,880 --> 00:35:57,640 you smash it, it turns green. On YouTube, Smash that like 680 00:35:57,640 --> 00:36:01,320 button and on on the X formerly known as Twitter, you can just 681 00:36:01,320 --> 00:36:02,960 heart it. It really, really helps with the 682 00:36:02,960 --> 00:36:05,880 algos and helps us push the orange signal forward. 683 00:36:05,880 --> 00:36:07,600 Anyways, I'm going to pass it on to Matthias. 684 00:36:07,800 --> 00:36:09,600 Matthias, what are your thoughts on this man? 685 00:36:09,720 --> 00:36:12,040 Are you enjoying the Bitcoin roller coaster? 686 00:36:12,040 --> 00:36:15,200 The ETFs really, definitely change change things up. 687 00:36:16,240 --> 00:36:19,200 Oh yeah, well I am enjoying this of course. 688 00:36:19,240 --> 00:36:24,920 But regarding the ATFS like I I don't have like real educated 689 00:36:24,960 --> 00:36:28,360 opinion on it. Other than I I have no idea who 690 00:36:28,360 --> 00:36:33,120 is still selling Bitcoin. That's that's what what really 691 00:36:33,120 --> 00:36:40,000 bugs me and I'm I'm, I'm really for self custody so this is not 692 00:36:40,000 --> 00:36:44,640 not for me but still it will bring some new people into 693 00:36:44,640 --> 00:36:47,320 Bitcoin so I would consider it net good. 694 00:36:47,440 --> 00:36:55,080 Also it will maybe bring some more like different to from the 695 00:36:55,080 --> 00:36:59,680 regulatory perspective like now, now they cannot like shut down. 696 00:36:59,880 --> 00:37:02,520 Of course they they couldn't shut down Bitcoin even before. 697 00:37:02,520 --> 00:37:05,920 But this is a great argument for normies like you, you can say, 698 00:37:06,120 --> 00:37:09,360 yeah, now even there are even Bitcoin Atfs. 699 00:37:09,360 --> 00:37:12,880 Yeah, now the government's will cannot really shut it down if 700 00:37:12,880 --> 00:37:17,800 BlackRock is buying Bitcoin. So I'm considering really 701 00:37:17,880 --> 00:37:21,840 bullish news, but it's it's not for me. 100% no. 702 00:37:21,840 --> 00:37:24,600 And and I agree with that. This is simply Bitcoin after 703 00:37:24,600 --> 00:37:29,040 all, we we only recommend spot Bitcoin and taking that real 704 00:37:29,040 --> 00:37:31,960 Bitcoin, not that captured Bitcoin and taking that Bitcoin 705 00:37:32,240 --> 00:37:34,800 into cold storage into self custody. 706 00:37:35,000 --> 00:37:37,520 But on the price levels, you know the ETFs do play. 707 00:37:37,520 --> 00:37:39,400 I think. I think they've definitely 708 00:37:39,400 --> 00:37:42,240 influenced the price a little bit and I think that's why you 709 00:37:42,240 --> 00:37:45,880 know we've we've run up the way that we have run up specifically 710 00:37:45,880 --> 00:37:47,360 before the halving. It's never been done. 711 00:37:47,360 --> 00:37:49,200 It's never happened in Bitcoin's history. 712 00:37:49,360 --> 00:37:53,120 We've never broken all time highs before the halving and I 713 00:37:53,120 --> 00:37:55,200 think that has to do with the ETF. 714 00:37:55,200 --> 00:37:58,680 So I completely agree with you Matthias, from the revolutionary 715 00:37:58,680 --> 00:38:01,840 aspect, from the self custody aspects, who cares about the 716 00:38:01,840 --> 00:38:03,480 ETF? They're not really important. 717 00:38:03,640 --> 00:38:06,120 And of course from the price standpoint, yeah, I think 718 00:38:06,120 --> 00:38:09,600 they're they're a positive, definitely positive on the price 719 00:38:09,600 --> 00:38:12,880 level, definitely captured Bitcoin that the the Bitcoin and 720 00:38:12,880 --> 00:38:15,480 ETF. But I love the way that you that 721 00:38:15,480 --> 00:38:18,400 you framed it from the regulatory standpoint. 722 00:38:18,600 --> 00:38:21,920 Once you have BlackRock in your corner, you know you're a 723 00:38:21,920 --> 00:38:23,960 politician. You're gonna have a hard time 724 00:38:24,480 --> 00:38:26,840 passing something that's gonna hurt black rocks. 725 00:38:26,840 --> 00:38:28,920 Bottom line. Anyways, Opti, what are your 726 00:38:28,920 --> 00:38:32,000 thoughts on this, man? You know, some some Bitcoin 727 00:38:32,000 --> 00:38:34,920 roller coaster news and then we're gonna talk about the EU 728 00:38:34,920 --> 00:38:36,760 regulations. I'm really, really curious to 729 00:38:36,760 --> 00:38:39,160 hear what Martin and Matthias have to say about that. 730 00:38:39,560 --> 00:38:42,080 Yeah. So just on the ETF, like at 731 00:38:42,080 --> 00:38:46,280 large, I think at first we were all super excited about the ETF. 732 00:38:46,280 --> 00:38:48,680 And now I'm kind of, I think I'm getting like black pilled on it. 733 00:38:48,680 --> 00:38:53,960 I'm like, man, there's a nonzero chance they're gonna do some rug 734 00:38:53,960 --> 00:38:56,200 pooling with some paper Bitcoin. Obviously there's some 735 00:38:56,200 --> 00:38:59,040 legalities there. And I'm like man, I don't know 736 00:38:59,040 --> 00:39:01,760 how I feel about BlackRock buying up so much Bitcoin. 737 00:39:01,760 --> 00:39:04,880 You know they're like they're they're like the the main 738 00:39:04,880 --> 00:39:08,240 problem here. But as a bitcoiner, as a 739 00:39:08,240 --> 00:39:10,800 consensualist here I understand that you know bitcoins for 740 00:39:10,800 --> 00:39:13,640 enemies and and bitcoins for anyone and so there's nothing I 741 00:39:13,640 --> 00:39:17,120 can do to stop this. Further we knew that this was 742 00:39:17,120 --> 00:39:21,240 going to eventually happen. So like it's not a surprise but 743 00:39:21,480 --> 00:39:24,040 we're we're bitcoiners. We like spot Bitcoin. 744 00:39:24,040 --> 00:39:26,320 We think you guys should be holding Bitcoin directly. 745 00:39:26,320 --> 00:39:28,680 This is the way opt out of the whole system. 746 00:39:29,000 --> 00:39:31,240 Do not trust the middleman. It was literally in the white 747 00:39:31,240 --> 00:39:32,280 paper. There's no need for the 748 00:39:32,280 --> 00:39:34,120 middleman. There's no need for the ETFs. 749 00:39:34,280 --> 00:39:36,520 But I understand if you have a bunch of money in the Fiat 750 00:39:36,520 --> 00:39:39,360 system, then yeah, you might want some Bitcoin exposure and 751 00:39:39,360 --> 00:39:40,640 then hopefully you can rotate out. 752 00:39:40,640 --> 00:39:44,200 So like, I get all the the nuance here, but of course as a 753 00:39:44,200 --> 00:39:48,360 as a, you know, a cult member, maxi quote UN quote, it's all 754 00:39:48,360 --> 00:39:51,640 about buying spot Bitcoin. But the very interesting part I 755 00:39:51,640 --> 00:39:56,040 think about this whole thing is just how much Bitcoin Grayscale 756 00:39:56,040 --> 00:39:58,680 has dumped. Or rather, how much Bitcoin has 757 00:39:58,880 --> 00:40:02,720 rotated out of the GBTC and then gotten bought and up by, you 758 00:40:02,720 --> 00:40:07,320 know, retail Bitcoiners and the Black Rock ETF and the Fidelity 759 00:40:07,320 --> 00:40:10,160 ETF. It's like they've dumped so much 760 00:40:10,160 --> 00:40:13,480 Bitcoin, maybe it's just rotating into another ETF and 761 00:40:13,480 --> 00:40:17,600 yet the price is, it's doubled in this time and we got the 762 00:40:17,600 --> 00:40:21,240 halving in less than a month. It's like, man, I I really don't 763 00:40:21,240 --> 00:40:24,000 think people understand where this is going. 764 00:40:24,320 --> 00:40:26,920 And it's going to be a crazy ride as a bitcoiner just 765 00:40:26,920 --> 00:40:28,680 watching the price action we are starting. 766 00:40:28,760 --> 00:40:31,520 Starting to enter price discovery mode, and that's when 767 00:40:31,520 --> 00:40:33,120 the FOMO is really gonna kick in. 768 00:40:33,120 --> 00:40:35,760 This is when our jobs are gonna get that much easier. 769 00:40:35,760 --> 00:40:38,360 And then also that much more complicated, because we're gonna 770 00:40:38,360 --> 00:40:42,800 be going into this eternal September moment where we got an 771 00:40:42,800 --> 00:40:45,640 influx of new bitcoiners that are trying to learn. 772 00:40:45,640 --> 00:40:49,120 We're gonna be going over the same flood stuff, answering the 773 00:40:49,120 --> 00:40:51,800 same Bitcoin questions, but hey, this is our job. 774 00:40:51,800 --> 00:40:55,200 This is what we're supposed to do, is educate people and incept 775 00:40:55,200 --> 00:40:58,200 the ideas of why Bitcoin is so important in today's world. 776 00:40:58,200 --> 00:41:01,400 And so man it it's just it's it's such a fun ride being a 777 00:41:01,400 --> 00:41:03,520 Bitcoin, even though there's you know the roller coaster of 778 00:41:03,520 --> 00:41:05,520 Bitcoin. It's like we're bitcoiners. 779 00:41:05,520 --> 00:41:08,240 We're we're we're living quote UN quote in paradise right now. 780 00:41:08,240 --> 00:41:09,720 Like we got the best money in the world. 781 00:41:09,960 --> 00:41:12,240 We got the best you know best diets. 782 00:41:12,240 --> 00:41:15,320 We have the best perspective on the world and then everyone else 783 00:41:15,320 --> 00:41:18,440 is just like running crazy. It's it's like literally the the 784 00:41:18,440 --> 00:41:20,480 dog in the in the house on fire meme. 785 00:41:20,480 --> 00:41:23,200 Like this is fine. Like this is all perfectly fine. 786 00:41:23,480 --> 00:41:26,640 I I've out of the Fiat system. You know I just stack Bitcoin 787 00:41:26,640 --> 00:41:28,240 and chill. I enjoy my life. 788 00:41:28,520 --> 00:41:32,480 I I have purpose I like life is great on the Bitcoin standard 789 00:41:32,640 --> 00:41:36,520 and just to wrap this up it reminds me of something I say. 790 00:41:36,520 --> 00:41:40,960 I was saying constantly last year that like you are a walking 791 00:41:40,960 --> 00:41:43,760 billboard for Bitcoin and just the fact that you're living a 792 00:41:43,760 --> 00:41:46,400 good life and you're and you're showing people the best way to 793 00:41:46,400 --> 00:41:49,320 use Bitcoin. I think that is the best way to 794 00:41:49,320 --> 00:41:52,560 spread the Bitcoin message. And as we start to see more 795 00:41:52,560 --> 00:41:55,640 cracks in the Fiat system, more people are going to look to us 796 00:41:55,640 --> 00:41:59,440 and understand or rather try to understand why you're you're 797 00:41:59,440 --> 00:42:01,160 living a good life, why you are happy. 798 00:42:01,160 --> 00:42:05,400 So the TLD Rs guys just don't let your friends buy spot 799 00:42:05,840 --> 00:42:08,400 Bitcoin ETFs, make them buy spot Bitcoin. 800 00:42:08,440 --> 00:42:10,280 This is the way, this is how we win. 801 00:42:10,280 --> 00:42:13,560 Just continue doing what we're doing. 100% beautiful, 802 00:42:13,560 --> 00:42:15,400 Beautiful. I would maybe just add one 803 00:42:15,400 --> 00:42:17,560 thing. You know, that I realized that 804 00:42:17,560 --> 00:42:22,160 maybe we should consider and understand that with ETFs we got 805 00:42:22,160 --> 00:42:24,880 to face different completely new use cases in Bitcoin. 806 00:42:24,880 --> 00:42:28,920 Now you know it's not only about the privacy, self sovereignty, 807 00:42:30,440 --> 00:42:33,560 let's let's kill the Fiat. You know there are new people 808 00:42:33,560 --> 00:42:38,160 coming into in with definitely new intentions with news cases 809 00:42:38,840 --> 00:42:41,680 because of the ETFs. Now they can trust it from their 810 00:42:41,680 --> 00:42:43,440 perspective they can finally trust it. 811 00:42:43,440 --> 00:42:47,000 It's like legal stuff It's it doesn't it's not going to die 812 00:42:47,000 --> 00:42:50,280 like Bitcoin died many times. And you know, with this being 813 00:42:50,280 --> 00:42:53,000 said, I believe that we have switched from like early 814 00:42:53,000 --> 00:42:56,880 adoption phase to the early majority phase and we probably 815 00:42:57,480 --> 00:43:00,680 would need to get used to that. They're going to be people that 816 00:43:00,680 --> 00:43:04,600 would come up with to reach us or reach you, reach us with 817 00:43:05,640 --> 00:43:09,320 questions we won't expect. You know, we probably won't face 818 00:43:09,320 --> 00:43:13,400 such a questions in context of Bitcoin till now. 819 00:43:13,400 --> 00:43:18,760 But ETF changes this completely. I I, I don't like it at all to 820 00:43:18,760 --> 00:43:21,000 be honest. But it's inevitable, you know 821 00:43:21,000 --> 00:43:22,920 what can we, what can we really do about it? 822 00:43:22,920 --> 00:43:25,160 Yeah. Yeah, it's Bitcoin is the money, 823 00:43:25,160 --> 00:43:29,360 is the money of enemies. Anyways, I do want to talk to 824 00:43:29,360 --> 00:43:32,760 Matthias and Martin about this. This is something that we've 825 00:43:32,760 --> 00:43:34,800 been covering over the last couple days. 826 00:43:34,920 --> 00:43:40,160 The news we broke on Friday and they finally passed it yesterday 827 00:43:40,520 --> 00:43:45,040 I believe, but basically the EU to vote on new draconian AML 828 00:43:45,040 --> 00:43:47,840 package for service providers on April 22nd. 829 00:43:48,840 --> 00:43:51,840 It goes on to say the sweeping AML package aims to eliminate 830 00:43:51,840 --> 00:43:56,400 anonymous cash payments over €3000 in commercial transactions 831 00:43:56,800 --> 00:44:01,040 and prohibit prohibit cash payments above €10,000 in 832 00:44:01,040 --> 00:44:04,880 business transactions. It would also require AML slash 833 00:44:04,880 --> 00:44:09,400 KYC checks on all Bitcoin payments to custodial wallets 834 00:44:09,600 --> 00:44:12,720 operated by regular regulated service providers. 835 00:44:13,040 --> 00:44:16,080 I believe this is an example of regulatory creep and this is how 836 00:44:16,080 --> 00:44:17,800 they start. And then eventually they're 837 00:44:17,800 --> 00:44:21,880 going to say, hey, you know what, those that self custody 838 00:44:21,880 --> 00:44:25,280 Bitcoin, we can't have that. You can't withdraw more than 839 00:44:25,280 --> 00:44:28,880 €3000, the equivalent of €3000 at the same time. 840 00:44:29,200 --> 00:44:32,080 So Matthias and Martin, you guys live in Europe, you guys 841 00:44:32,480 --> 00:44:35,240 building a Bitcoin business, a fabulous Bitcoin business in 842 00:44:35,240 --> 00:44:37,600 Europe. And you know, how do you feel 843 00:44:37,600 --> 00:44:39,000 about this? How do you feel about this 844 00:44:39,000 --> 00:44:45,120 regulation? Maybe I start from the 845 00:44:45,280 --> 00:44:50,320 individual level. I would say this just brings us 846 00:44:50,320 --> 00:44:56,280 to the time when we really need to think as an algorist, just 847 00:44:56,280 --> 00:44:59,600 looking for tools which will help us to go around these 848 00:44:59,960 --> 00:45:04,120 Draconians measures. And also I believe that nothing 849 00:45:05,080 --> 00:45:07,520 has to be eaten so hot as we cook it. 850 00:45:07,520 --> 00:45:11,360 Yeah, so it's not like enter it through and and Twitter makes a 851 00:45:11,360 --> 00:45:15,840 lot of a lot of noise around around this stuff. 852 00:45:15,840 --> 00:45:20,320 I also read some some threat regarding this, maybe I'll link 853 00:45:20,320 --> 00:45:23,840 it later. But back to the algorithm. 854 00:45:24,800 --> 00:45:29,680 I really believe that we should buy Bitcoin without KYC. 855 00:45:30,280 --> 00:45:34,480 So in the future we will not have have this problem with with 856 00:45:34,480 --> 00:45:40,160 the regulators and and just normalize coin join and then if 857 00:45:40,200 --> 00:45:48,200 if everybody will be doing that it's it's the law is only their 858 00:45:48,480 --> 00:45:51,720 thinking. If we don't accept it and there 859 00:45:51,720 --> 00:45:56,040 will be many people like us, they cannot, they cannot. 860 00:45:57,560 --> 00:46:04,240 Like was was the worst. Yeah, they cannot judge us and 861 00:46:04,240 --> 00:46:05,560 and they. Can't. 862 00:46:05,560 --> 00:46:07,040 They can't. It's unenforceable, is what 863 00:46:07,040 --> 00:46:08,560 you're. Saying yeah, thank you that 864 00:46:08,560 --> 00:46:10,040 that's the word I was looking for. 865 00:46:10,280 --> 00:46:12,560 It's not enforceable it's not forcible. 866 00:46:12,600 --> 00:46:18,600 So we just we just need to put our middle finger and and and go 867 00:46:18,600 --> 00:46:21,080 around. Unfortunately it's not for 868 00:46:21,080 --> 00:46:27,760 everyone and many people are afraid, but I I think that this 869 00:46:27,760 --> 00:46:31,840 is a learning experience like everything else in our life and 870 00:46:31,840 --> 00:46:36,560 and we need to be strong and and don't be lazy and try it and on 871 00:46:36,560 --> 00:46:40,560 the end it's not so so difficult to go around a. 100% Martin, 872 00:46:40,560 --> 00:46:44,240 what's your take on this man? Yeah I completely follow and I 873 00:46:44,240 --> 00:46:47,840 will might be at one different perspective that actually you 874 00:46:47,840 --> 00:46:52,360 know this is just another proof how detached those those guys 875 00:46:52,360 --> 00:46:55,720 are from the reality. You know they they they know 876 00:46:55,720 --> 00:46:59,720 nothing and I I actually understand why they are doing 877 00:46:59,720 --> 00:47:04,080 such a steps. I don't like it, but just being 878 00:47:04,080 --> 00:47:06,640 like a devil's advocate, I understand why they are 879 00:47:06,880 --> 00:47:11,160 approaching AML and KYC approaches in such a manner 880 00:47:11,160 --> 00:47:15,200 because they they can really feel that they are losing their 881 00:47:15,200 --> 00:47:18,400 ground that they cannot build on on anything stable. 882 00:47:18,400 --> 00:47:24,600 You know, for the, for their, for their Fiat future and maybe 883 00:47:24,600 --> 00:47:27,920 another perspective of it. This is a this is just another 884 00:47:28,120 --> 00:47:33,400 great example of European Union acting in the way that it seems 885 00:47:33,400 --> 00:47:38,200 like to be like the greatest example of of unsustainability 886 00:47:38,200 --> 00:47:41,080 ever. You know it seems like maybe 887 00:47:41,080 --> 00:47:43,960 legend from the perspective but come on you know it solves 888 00:47:43,960 --> 00:47:47,320 nothing. So but it it it helps the 889 00:47:47,320 --> 00:47:51,120 Bitcoin, it probably gonna end up with more people using non 890 00:47:51,120 --> 00:47:55,600 KYC Bitcoin which which is which is the best what we can get from 891 00:47:55,600 --> 00:48:00,040 the Bitcoin to buy peer-to-peer, sell, sell peer-to-peer, support 892 00:48:00,040 --> 00:48:03,880 circular economy and use it in like normal ways. 893 00:48:04,960 --> 00:48:09,000 We are not there yet, but I believe that such a steps which 894 00:48:09,000 --> 00:48:13,000 European Union are considering to be like empowering them are 895 00:48:13,000 --> 00:48:16,160 actually working for us, maybe not from the long term 896 00:48:16,160 --> 00:48:19,800 perspective, but from the from the short term perspective, but 897 00:48:19,800 --> 00:48:23,480 from the long term perspective absolutely. 100% yeah, they're 898 00:48:23,480 --> 00:48:26,920 the the, I love that the bureaucrats are the biggest 899 00:48:27,440 --> 00:48:30,920 Bitcoin advertisers. You know the more they clamp 900 00:48:30,920 --> 00:48:35,840 down the more they they try to keep people in the box the more 901 00:48:35,840 --> 00:48:40,400 people are going to seek out. You know an alternative usually 902 00:48:40,400 --> 00:48:43,320 when you when you have to build a wall to get people inside 903 00:48:43,320 --> 00:48:47,640 metaphorically that usually isn't the the best system right. 904 00:48:48,080 --> 00:48:51,960 When you try to coerce people to keep people do you try to coerce 905 00:48:51,960 --> 00:48:57,320 people to play by your arbitrary set of rules rather than people 906 00:48:57,320 --> 00:48:59,680 wanting to use it because of the incentives. 907 00:49:00,040 --> 00:49:03,040 Then you, I think you have some self reflecting to do. 908 00:49:03,040 --> 00:49:06,120 But I think you know power hungry bureaucrats and 909 00:49:06,120 --> 00:49:09,760 politicians that have had this monopoly of being able to 910 00:49:09,760 --> 00:49:12,960 control money and print money for free that everyone else has 911 00:49:12,960 --> 00:49:16,560 to work for. I don't blame them for trying to 912 00:49:17,040 --> 00:49:20,480 wanting to retain that power. Anyways, let's get to the 913 00:49:20,480 --> 00:49:22,760 culture. We have a lot to talk about with 914 00:49:22,760 --> 00:49:24,600 these two gentlemen here. Let's do it. 915 00:49:24,600 --> 00:49:28,640 Here we go. The daily culture all. 916 00:49:34,400 --> 00:49:36,320 Right, ladies and gentlemen, I do want to give a shout out to 917 00:49:36,320 --> 00:49:39,560 our sponsor racks. They are the most trusted place 918 00:49:39,560 --> 00:49:42,400 to buy, sell and host Bitcoin mining equipment. 919 00:49:42,560 --> 00:49:45,240 You could check out their racks by checking the link in the 920 00:49:45,240 --> 00:49:48,440 video description or scanning the QR code on your screen. 921 00:49:48,680 --> 00:49:52,200 If you can buy mining equipment with them, check out their 922 00:49:52,200 --> 00:49:54,280 inventory on Telegram. You can connect with a member of 923 00:49:54,280 --> 00:49:57,280 their sales team. They will make purchasing the 924 00:49:57,280 --> 00:49:59,520 purchasing their products easy and transparent. 925 00:49:59,520 --> 00:50:02,560 You could also sell your mining equipment with them Access their 926 00:50:02,560 --> 00:50:05,520 vast network of domestic and international customers. 927 00:50:05,640 --> 00:50:08,120 When you sell your mining equipment with kaboom racks, 928 00:50:08,280 --> 00:50:10,920 what are you waiting for? Start your Bitcoin mining jersey 929 00:50:10,920 --> 00:50:12,680 today. This is where I personally buy 930 00:50:12,680 --> 00:50:16,520 my Bitcoin mining A6. Check out Kaboom racks. 931 00:50:17,040 --> 00:50:18,840 All right, Opti. It's all yours, my friend. 932 00:50:19,480 --> 00:50:21,320 All right, let's go. All right, boys. 933 00:50:21,320 --> 00:50:27,440 So they host BTC Prague. But before we get into that, I 934 00:50:27,440 --> 00:50:29,880 think it was Martin, I I I have a goldfish memory. 935 00:50:29,880 --> 00:50:33,000 You were telling me that. I think a good place to start. 936 00:50:33,000 --> 00:50:37,480 Here is some context of of why you guys are art in bitcoiners. 937 00:50:37,480 --> 00:50:40,040 So let's start with there. Yeah. 938 00:50:40,040 --> 00:50:42,120 Thank you. Thank you for, for it, Opti. 939 00:50:43,200 --> 00:50:47,800 Yeah, I believe that, yes, actually telling why BT, why we 940 00:50:47,800 --> 00:50:51,400 do BTC Prague and why Prague is actually Bacon Capital of the 941 00:50:51,400 --> 00:50:55,120 world maybe requires everybody to hear some kind of the 942 00:50:55,120 --> 00:50:57,960 context. And that will definitely put 943 00:50:58,000 --> 00:50:59,720 everything in the right perspective. 944 00:51:00,000 --> 00:51:02,600 You know, because we as a Czechs, we were always like 945 00:51:02,800 --> 00:51:07,760 freedom fighters, you know, we gained our freedom, we lost it 946 00:51:07,760 --> 00:51:11,240 many times. We fought again and again, so I 947 00:51:11,240 --> 00:51:14,560 do not really want to give you like a restore lesson here. 948 00:51:14,560 --> 00:51:17,480 So I'm going to try to make it short, like one or two minutes. 949 00:51:18,040 --> 00:51:22,040 But the whole story basically starts even sooner than in 15th 950 00:51:22,040 --> 00:51:26,040 century, actually. And it was like the great 951 00:51:26,040 --> 00:51:29,400 definition of Prague when corrupt officials were actually 952 00:51:29,440 --> 00:51:32,160 thrown out of the town town hall windows. 953 00:51:32,720 --> 00:51:36,360 And that marked an early struggle for religious and civil 954 00:51:36,360 --> 00:51:39,080 liberty already here in Czech Republic, you know, And it 955 00:51:39,360 --> 00:51:43,600 happened 200 years after again, you know, So in 17th century 956 00:51:43,600 --> 00:51:46,080 there was a second definition in Prague. 957 00:51:46,760 --> 00:51:53,280 And again like 200 years after later in 19th century, we worked 958 00:51:53,600 --> 00:51:57,720 to emphasize Czech language and identity, which ended in the 959 00:51:57,720 --> 00:52:01,720 revolution here in Prague, when we finally get gained some 960 00:52:01,720 --> 00:52:03,760 independence from the German monarchy. 961 00:52:03,760 --> 00:52:09,280 But Chikoslovakia will finally establish actually at the end of 962 00:52:09,280 --> 00:52:12,600 the World War One. So that leads us to the year of 963 00:52:12,600 --> 00:52:17,640 1918 when we finally felt like being like free because of 964 00:52:17,640 --> 00:52:22,120 Austro Hungarian Empire was was collapsed basically. 965 00:52:22,560 --> 00:52:26,240 But you know the history. So not for too long, because 966 00:52:26,360 --> 00:52:30,760 from the beginning of World War Two, we got fully occupied by 967 00:52:30,760 --> 00:52:35,480 Nazis, we lost off, we lost a significant part of our our 968 00:52:35,520 --> 00:52:37,760 land. So we basically had to strive 969 00:52:37,760 --> 00:52:41,880 again. after World War Two, we felt like, OK, yeah, finally 970 00:52:41,880 --> 00:52:45,920 checks can be free, but Soviet Union troops felt maybe 971 00:52:45,920 --> 00:52:51,320 different, so they invited us in 68, stayed here for another 2020 972 00:52:51,320 --> 00:52:54,280 years with the oppressive communist regime. 973 00:52:54,680 --> 00:52:57,520 There's not a single nice perspective on top of this. 974 00:52:58,480 --> 00:53:01,920 But you know, Czechs, actually we are like, we like to work for 975 00:53:01,920 --> 00:53:07,240 our freedom and we fought hard. So in year 77 we came up with 976 00:53:07,240 --> 00:53:11,080 the heart of 77. The manifesto signed even with 977 00:53:11,080 --> 00:53:15,320 Vatslav Havel, our first Czechoslovakian Czech Republic 978 00:53:15,320 --> 00:53:19,480 President, and we demanded the government to recognize at least 979 00:53:19,480 --> 00:53:23,480 some of the basic human rights, which was maybe like the first 980 00:53:23,960 --> 00:53:27,440 very peaceful step for the Velvet Revolution, which 981 00:53:27,440 --> 00:53:32,840 actually happened 11 or 12 years after in the year 1989, 982 00:53:32,840 --> 00:53:36,720 basically few weeks after the Berlin War went down. 983 00:53:37,120 --> 00:53:42,240 And I do not really want to go into real details, but those 984 00:53:42,240 --> 00:53:45,960 were just the few like most important points of our history 985 00:53:45,960 --> 00:53:50,000 where we proved ourselves to be like freedom fighters. 986 00:53:50,320 --> 00:53:54,040 We love our freedom. And with this being said, I 987 00:53:54,040 --> 00:53:58,200 believe that you know, just considering Bitcoin and how why 988 00:53:58,200 --> 00:54:02,600 we are so, so strong in Bitcoin and why Prague is a capital of 989 00:54:02,600 --> 00:54:05,800 the of the Bitcoin world, that this was just a natural 990 00:54:06,760 --> 00:54:09,160 evolution of it. You know that Bitcoin is just 991 00:54:09,160 --> 00:54:15,240 another tool that helped us to do the stuff we do for for ages, 992 00:54:15,240 --> 00:54:20,800 you know, and maybe Matthias can help me to to put like the 993 00:54:20,800 --> 00:54:23,760 Bitcoin history in the real context, but this was just a 994 00:54:23,760 --> 00:54:27,760 natural escalation of of our freedom fighting for already 995 00:54:27,760 --> 00:54:31,360 like 600 years basically. Love it. 996 00:54:31,360 --> 00:54:32,920 I love it. All right, Matthias, you want to 997 00:54:32,920 --> 00:54:35,800 you want to jump in here? Yeah, yeah, for sure. 998 00:54:36,160 --> 00:54:44,200 So, so Martin covered really the the, the, the history and this, 999 00:54:44,320 --> 00:54:49,760 this kind of cultivate Craftsman culture in Czechoslovakia and 1000 00:54:49,760 --> 00:54:53,760 then Czech Republic. So because in the communism 1001 00:54:53,760 --> 00:54:56,480 regime there was not enough stuff on the market. 1002 00:54:56,480 --> 00:55:02,440 So people used to build their own furniture and and repair 1003 00:55:02,440 --> 00:55:06,600 stuff because it was it was needed and this Craftsman 1004 00:55:06,600 --> 00:55:11,600 culture and that's, that's my opinion why, why Czechs and 1005 00:55:11,600 --> 00:55:13,560 Slovaks are so strong in Bitcoin. 1006 00:55:14,440 --> 00:55:18,240 This Craftsman culture brought people together in very early 1007 00:55:18,240 --> 00:55:24,200 days in 2009 in 2010 and they were geeking out and geeking 1008 00:55:24,200 --> 00:55:28,600 around the Bitcoin and coming with solutions to solve their 1009 00:55:28,600 --> 00:55:32,120 own problems. So in 2010 there was a first 1010 00:55:32,120 --> 00:55:37,120 ever Bitcoin mining pool, Slash Pool, which was invented in 1011 00:55:37,120 --> 00:55:40,160 Prague. In 2012 there was a first 1012 00:55:40,240 --> 00:55:45,080 hardware wallet invented by Slash and Stick from Satoshi 1013 00:55:45,080 --> 00:55:51,320 Labs together with BIP 39. The the seed phrase then General 1014 00:55:51,320 --> 00:55:55,160 Bytes is the biggest manufacturer of Bitcoin ATMs 1015 00:55:55,160 --> 00:55:59,280 that also happened in Prague. Brains, the mining company 1016 00:55:59,520 --> 00:56:03,160 operating slash pool until now mined more than 1,000,000 1017 00:56:03,160 --> 00:56:08,840 Bitcoin as well from Prague. Still operating from Prague and 1018 00:56:09,400 --> 00:56:14,320 or the three floor black building parallel new police 1019 00:56:14,960 --> 00:56:19,880 which is base for cypherpunk thinking and anarcho capitalist 1020 00:56:20,320 --> 00:56:26,160 community operating since 2014 until now without Fiat payments 1021 00:56:26,200 --> 00:56:33,080 only solely on cryptocurrencies. This this companies and people 1022 00:56:33,280 --> 00:56:38,120 have laid a very strong base for Bitcoin ecosystem. 1023 00:56:38,200 --> 00:56:40,040 And you know how is it with Bitcoin. 1024 00:56:40,440 --> 00:56:44,080 If you need to know and understand Bitcoin, it takes 1025 00:56:44,080 --> 00:56:47,560 time. So we started early and with the 1026 00:56:47,560 --> 00:56:53,280 snowballing effect. We came to this point where we 1027 00:56:53,280 --> 00:56:56,560 have a great community, very well educated, with the right 1028 00:56:56,560 --> 00:56:59,120 ethos. People know how to use Bitcoin 1029 00:56:59,120 --> 00:57:03,040 privately, people trading Bitcoin peer-to-peer, buying 1030 00:57:03,040 --> 00:57:08,400 without KYC keeping in self custody, talking about freedom 1031 00:57:08,400 --> 00:57:14,280 and using more advanced techniques and the communities 1032 00:57:14,280 --> 00:57:18,760 is huge. It's it's probably more than 2% 1033 00:57:18,760 --> 00:57:21,960 of of the population of Czech Republic. 1034 00:57:22,360 --> 00:57:26,960 The the estimation is that we have probably like 200 until 1035 00:57:26,960 --> 00:57:33,200 300,000 of Bitcoin slash crypto users in Czech Republic with 10 1036 00:57:33,200 --> 00:57:38,840 million inhabitants in total. So that put us in quite good 1037 00:57:38,840 --> 00:57:43,360 position to actually throw such a big conference, because we 1038 00:57:43,360 --> 00:57:47,640 have a very good base of bitcoiners for which is easy to 1039 00:57:47,640 --> 00:57:53,520 come and create this great atmosphere because chicks also 1040 00:57:53,560 --> 00:57:55,960 make great beer. So this this helps. 1041 00:57:58,240 --> 00:58:00,640 Yeah, love it, Love it. I also wanted to yeah, I got it. 1042 00:58:00,880 --> 00:58:05,160 Yeah, I just wanted to just show off the the, the, the lineup 1043 00:58:05,160 --> 00:58:08,640 'cause this is a extremely impressive lineup that you guys 1044 00:58:08,760 --> 00:58:11,280 managed to get together. So just to name a few of the 1045 00:58:11,280 --> 00:58:13,840 speakers, you have Michael Saylor, you have Adam back, you 1046 00:58:13,840 --> 00:58:16,160 have Francis Pulio, you have Turdemister, you have Allen 1047 00:58:16,160 --> 00:58:19,280 Farrington, you have Parker Lewis, you have Anita Posh, you 1048 00:58:19,280 --> 00:58:23,520 have Martiti Malmi, and you have Thank you. 1049 00:58:23,560 --> 00:58:27,440 And then you have, of course, Giacomo Zuko, just to name a 1050 00:58:27,440 --> 00:58:30,040 few. So yeah, man, this is, this is, 1051 00:58:30,320 --> 00:58:33,360 there you go, there's the beer, great beer and traditional pubs. 1052 00:58:33,880 --> 00:58:36,800 And so this is absolutely incredible for anyone who 1053 00:58:36,800 --> 00:58:41,920 doesn't know about the BTC Prague conference here in the 1054 00:58:41,920 --> 00:58:44,360 States. You guys definitely have to make 1055 00:58:44,360 --> 00:58:48,040 this pilgrimage. It is one of the best, if not 1056 00:58:48,040 --> 00:58:50,680 the best Bitcoin conference in Europe. 1057 00:58:51,320 --> 00:58:54,160 Absolutely incredible. I've heard amazing, amazing 1058 00:58:54,160 --> 00:58:55,920 things. How old is the conference? 1059 00:58:55,920 --> 00:58:58,080 How, how many years guys been doing this? 1060 00:58:58,080 --> 00:58:59,920 This is the second year I believe, right? 1061 00:59:01,920 --> 00:59:05,920 Yeah, this is the second year of BTC Prague, but we are not, not 1062 00:59:05,920 --> 00:59:08,840 quite, we are not really new in the in the Bitcoin even 1063 00:59:08,840 --> 00:59:13,320 management as we have our second conference which is called Chain 1064 00:59:13,320 --> 00:59:15,480 Camp. This is check only Bitcoin only 1065 00:59:15,480 --> 00:59:19,560 conference and it's actually quite interesting that we we've 1066 00:59:19,560 --> 00:59:22,960 realized that there's actually none a single Bitcoin conference 1067 00:59:22,960 --> 00:59:27,480 already in 2019. So we've decided with Matthias 1068 00:59:27,480 --> 00:59:29,320 that we're going to organize one. 1069 00:59:29,320 --> 00:59:33,440 But you remember then COVID. COVID appeared. 1070 00:59:33,440 --> 00:59:36,120 So we had to postpone the first year of it. 1071 00:59:36,640 --> 00:59:39,720 But for some reason we were like super lucky because we picked a 1072 00:59:39,720 --> 00:59:44,960 date in the end of the year of 2020 when the restrictions were 1073 00:59:44,960 --> 00:59:47,880 down here in Czech Republic for a week for some reason. 1074 00:59:47,880 --> 00:59:51,960 I still don't know why, it was like a bit crazy, but we fit 1075 00:59:51,960 --> 00:59:55,240 into that time frame. So as we were basically the only 1076 00:59:55,240 --> 00:59:58,680 ones who organized anything back then, we got like huge traction 1077 00:59:58,680 --> 01:00:04,360 from the beginning. Attracted 450 visitors on 1st 1078 01:00:04,720 --> 01:00:09,120 check on the Bitcoin conference and the escalation then was like 1079 01:00:09,120 --> 01:00:12,160 a pretty obvious. So we've doubled the numbers 1080 01:00:12,160 --> 01:00:15,480 year after, doubled again the next year. 1081 01:00:15,840 --> 01:00:20,360 So that leads us to year 2022 and we had 2000 visitors on 1082 01:00:20,680 --> 01:00:24,000 check on the Bitcoin conference. Still, we have to consider that 1083 01:00:24,000 --> 01:00:26,920 we are talking about the Czech Republic, so 10 mil inhabitants, 1084 01:00:26,920 --> 01:00:30,200 That was probably quite impressive. 1085 01:00:30,240 --> 01:00:32,960 And we've already saw some demand from like foreign 1086 01:00:32,960 --> 01:00:36,640 speakers and foreign partners and even like visitors asking 1087 01:00:36,640 --> 01:00:41,800 guys us like, hey guys, how we can come and contribute or what 1088 01:00:41,800 --> 01:00:44,600 we can do together. So we thought about it a lot. 1089 01:00:44,600 --> 01:00:48,200 And actually we've realized that implementing like foreigners 1090 01:00:48,200 --> 01:00:52,080 into our Czech conference would require us to move from the city 1091 01:00:52,080 --> 01:00:56,440 of Ostrava where we organize it to Prague and switch from Czech 1092 01:00:56,440 --> 01:00:59,400 to English and that would ruin the brand, you know. 1093 01:00:59,400 --> 01:01:02,600 So we, we realized that we definitely need to come up with 1094 01:01:02,600 --> 01:01:06,600 another brand which is BTC, Prac is and the last year was the 1095 01:01:06,600 --> 01:01:10,200 first year of it. It was quite challenging as we 1096 01:01:10,640 --> 01:01:16,680 set our goals to attract like as much visitors as is needed to be 1097 01:01:16,680 --> 01:01:19,880 the biggest in the Europe. And we had 6 1/2 thousand 1098 01:01:19,880 --> 01:01:23,160 visitors, 75 companies in the Expo section. 1099 01:01:23,160 --> 01:01:27,280 So I believe that considering the bear market, we have proven 1100 01:01:27,280 --> 01:01:31,320 ourselves to to be quite legit actually and mostly we got 1101 01:01:31,320 --> 01:01:34,880 behind the trust issue which was, which was the most, most 1102 01:01:34,880 --> 01:01:37,080 hardest on, on top of all of this, yeah. 1103 01:01:37,840 --> 01:01:40,480 Oh yeah, love it. And then we got a question from 1104 01:01:40,920 --> 01:01:43,040 Elaine pulling it up. What are the dates of the 1105 01:01:43,040 --> 01:01:44,480 conference? The dates of the conference is 1106 01:01:44,480 --> 01:01:48,920 June 13th through the 15th. That's when the BTC Prague 1107 01:01:49,360 --> 01:01:53,200 conference is going to happen. I've heard so many great things 1108 01:01:53,200 --> 01:01:55,160 about this conference, guys is I can't. 1109 01:01:55,320 --> 01:01:57,640 I can't. I can't emphasize that enough, 1110 01:01:57,640 --> 01:02:00,800 Opti. Yeah, I mean, I I just want to 1111 01:02:00,800 --> 01:02:05,120 maybe give the floor to Mattias and be like, OK, what's what's 1112 01:02:05,120 --> 01:02:09,360 the TLDR show for why people should come to BTC Prague? 1113 01:02:09,480 --> 01:02:12,600 Why should Why should people make the journey from the US and 1114 01:02:12,600 --> 01:02:15,040 Canada, which is where most of our audiences are? 1115 01:02:15,080 --> 01:02:17,920 We have audience in Europe as well, but why should people make 1116 01:02:17,920 --> 01:02:19,920 the journey to BTC Prague with Yes? 1117 01:02:20,120 --> 01:02:23,680 Thank you. It's it's pretty pretty easy. 1118 01:02:23,680 --> 01:02:28,360 Like if you want to get to know all the European bitcoiners, 1119 01:02:28,360 --> 01:02:34,800 there is no better place than at BTC Prague because Europe is is 1120 01:02:35,400 --> 01:02:39,160 not so big, but we have so many different languages, the 1121 01:02:39,160 --> 01:02:43,120 communities are really different and each of the state, each each 1122 01:02:43,160 --> 01:02:47,960 of each country is behind their own language barrier. 1123 01:02:48,200 --> 01:02:53,800 So we don't know what is the use case in Germany and what are the 1124 01:02:53,800 --> 01:02:59,480 people like and what are Czechs like and and and and Bulgarians 1125 01:02:59,480 --> 01:03:01,800 and Italians. Each of the community is a 1126 01:03:01,800 --> 01:03:07,000 little bit different and this realization is really important 1127 01:03:07,000 --> 01:03:11,680 because we tend to live in in our own bubble. 1128 01:03:12,040 --> 01:03:18,200 But once you get the whole picture and unite bit under the 1129 01:03:18,320 --> 01:03:22,920 the whole like Bitcoin orange flag, this absolutely changed 1130 01:03:22,920 --> 01:03:28,720 the perspective and it gives you gives you the ability to stack 1131 01:03:28,720 --> 01:03:33,080 sats even harder. So that's the pitch. 1132 01:03:33,080 --> 01:03:37,800 I would say come and meet other bitcoiners and and talk to 1133 01:03:37,800 --> 01:03:42,080 Europeans because they are different, they are more more 1134 01:03:42,080 --> 01:03:45,720 focused on, they are focused on different parts of Bitcoin. 1135 01:03:46,480 --> 01:03:50,320 We have 4 main topics we focus on of course money, we focus on 1136 01:03:50,320 --> 01:03:55,560 technology, we focus on community and freedom and 1137 01:03:55,880 --> 01:03:59,400 everyone gets something what he likes on our conference. 1138 01:03:59,760 --> 01:04:03,840 The conference is 3 day long, but we also throw one day 1139 01:04:04,400 --> 01:04:07,520 conference before the conference and that's dev heck day. 1140 01:04:07,800 --> 01:04:13,520 So that's only for 500 people and only for like let's say very 1141 01:04:13,520 --> 01:04:18,760 technical users and people who like to Friday brain before the 1142 01:04:18,760 --> 01:04:22,360 conference even starts. And and then we have an industry 1143 01:04:22,360 --> 01:04:28,000 day, which is the best if you want to just meet other people 1144 01:04:28,000 --> 01:04:30,560 from the industry and maybe even look for a job. 1145 01:04:31,680 --> 01:04:37,880 Now is the time when now is the perfect timing to actually step 1146 01:04:37,880 --> 01:04:40,880 out from your comfort zone and somehow contribute back to the 1147 01:04:40,880 --> 01:04:44,000 Bitcoin. That's our mission for this 1148 01:04:44,000 --> 01:04:48,440 year, Bring more people like strengthen the hardcore 1149 01:04:48,440 --> 01:04:54,440 community because we feel that the the adoption will happen 1150 01:04:54,440 --> 01:04:58,720 anyway. But we need more hardcore users. 1151 01:04:58,720 --> 01:05:04,040 We need more workers, let's let's say because who else will 1152 01:05:04,440 --> 01:05:07,400 be working for the companies who are scaling up? 1153 01:05:07,840 --> 01:05:10,640 Yeah. So we, we like to say that we 1154 01:05:10,640 --> 01:05:13,160 are building the bridges and we would love to build the bridge 1155 01:05:13,440 --> 01:05:17,680 between Europe and the US. I absolutely love that man. 1156 01:05:17,920 --> 01:05:21,800 Love that Guys check out the BTC Prague conference. 1157 01:05:21,800 --> 01:05:24,320 We won't simply Bitcoin won't be making it this year but 1158 01:05:24,400 --> 01:05:27,760 definitely, definitely looking into making it next year. 1159 01:05:28,080 --> 01:05:34,320 And guys, incredible conference. Check it out BTC Prague Guy, I'm 1160 01:05:34,320 --> 01:05:36,840 going to I'm going to pass it on to Martin Martin If you have any 1161 01:05:36,840 --> 01:05:39,360 last words for our audience, what would they be? 1162 01:05:40,520 --> 01:05:42,760 Yeah, thank you. I like when you say check it 1163 01:05:42,760 --> 01:05:46,120 out, you know, makes me feel proud. 1164 01:05:47,840 --> 01:05:49,960 No, but I believe that Matthias covered it well. 1165 01:05:49,960 --> 01:05:53,800 I do not want to repeat himself, but and I'm biased about from my 1166 01:05:53,800 --> 01:05:55,880 perspective, you know, it's a no brainer. 1167 01:05:55,880 --> 01:05:57,640 You know, Europe is so different. 1168 01:05:57,640 --> 01:06:01,600 It's really wonderful. And if somebody haven't been 1169 01:06:01,600 --> 01:06:04,960 here yet, it's not only about the Prague, but spending here a 1170 01:06:04,960 --> 01:06:09,200 week or two, travel around. The distances aren't so crazy 1171 01:06:09,200 --> 01:06:12,280 like in the US, you know, So you can easily travel many different 1172 01:06:12,280 --> 01:06:14,920 wonderful medieval cities in car in few days. 1173 01:06:15,520 --> 01:06:18,880 And again, the beer and the and the Prague and the vibe and the 1174 01:06:18,880 --> 01:06:21,160 energy is like really empowering. 1175 01:06:21,560 --> 01:06:26,280 And having all of this with bitcoiners around and hardcore 1176 01:06:26,280 --> 01:06:29,840 bitcoiners, like, I believe that you're going to be amazed, guys. 1177 01:06:32,080 --> 01:06:36,440 It makes me, and I believe that even everyone around so bullish 1178 01:06:36,560 --> 01:06:38,960 on Bitcoin, basically. Amen to that. 1179 01:06:38,960 --> 01:06:42,360 Amen to that. We have Winekiss in in the chat, 1180 01:06:42,960 --> 01:06:45,880 basically who runs the company? He's like, we're going what the 1181 01:06:45,880 --> 01:06:50,600 fuck? Oh man, there's so many places 1182 01:06:50,600 --> 01:06:55,600 to go this year. OK, but wine wants. 1183 01:06:55,600 --> 01:06:57,720 Proud girlfriend. You heard it here first, of 1184 01:06:57,720 --> 01:06:58,600 course. He does. 1185 01:07:00,200 --> 01:07:01,320 Matthias What? What? 1186 01:07:01,400 --> 01:07:03,680 Do you have any final words for our audience? 1187 01:07:04,720 --> 01:07:07,880 Yeah, I do. Let's fucking go. 1188 01:07:07,880 --> 01:07:12,240 Never under underestimate the the power of individual. 1189 01:07:13,360 --> 01:07:18,640 I was only a blab a few years ago and now with Martin we are 1190 01:07:18,640 --> 01:07:22,240 running the biggest European Bitcoin conference and it's just 1191 01:07:22,240 --> 01:07:25,680 because we love what we do and we we work hard. 1192 01:07:25,680 --> 01:07:32,920 So just yeah, let's fucking go and and and and Don't be lazy. 1193 01:07:32,920 --> 01:07:38,200 Study Bitcoin stack sets and and I'm looking forward to meet 1194 01:07:38,200 --> 01:07:40,160 everyone in Prague. Absolutely. 1195 01:07:40,160 --> 01:07:44,680 Work, work. Proof of work, Proof of work. 1196 01:07:45,360 --> 01:07:47,400 Anyways, ladies and gentlemen, thank you so much for tuning 1197 01:07:47,400 --> 01:07:49,640 into another episode of Simply Bitcoin Live. 1198 01:07:49,640 --> 01:07:51,720 I'm your host Nico. This is my legendary Co host 1199 01:07:51,720 --> 01:07:57,360 Optimus Fields and these are our boys from BTC Prague, Martin and 1200 01:07:57,360 --> 01:07:59,920 Matthias. Guys, check out BTC Prague. 1201 01:07:59,920 --> 01:08:05,320 Go to the site right now. You have to go to btcprague.com, 1202 01:08:05,320 --> 01:08:08,320 get yourself tickets. There is going to be a ticket 1203 01:08:08,320 --> 01:08:11,400 price increase in five days and 19 hours. 1204 01:08:11,400 --> 01:08:13,720 So you want to get your tickets quickly, Get all your 1205 01:08:13,720 --> 01:08:17,160 accommodation set up again. It is one of the world's best 1206 01:08:17,160 --> 01:08:20,399 Bitcoin conferences, so check out Bitcoin Prague today. 1207 01:08:20,760 --> 01:08:22,439 All right everybody, love you all. 1208 01:08:22,800 --> 01:08:25,479 We'll see you tomorrow for a brand new episode of Simply 1209 01:08:25,479 --> 01:08:27,720 Bitcoin Live. But before we go, one final 1210 01:08:27,720 --> 01:08:33,439 message from the Chad himself. Well, because they want to sell 1211 01:08:33,439 --> 01:08:35,680 it eventually, Michael. I mean, let's be honest, most of 1212 01:08:35,680 --> 01:08:38,560 the people who are, yes, sure, some people pass it on to their 1213 01:08:38,560 --> 01:08:42,359 children, but like most of the people who are buying assets at 1214 01:08:42,359 --> 01:08:45,040 some point want to sell the assets at a profit. 1215 01:08:45,359 --> 01:08:48,640 So I guess, let me say it differently, People that use 1216 01:08:48,640 --> 01:08:52,200 Fiat currency as a store of value, there's a name for them. 1217 01:08:52,200 --> 01:08:54,160 We call them poor. OK. 1218 01:08:54,720 --> 01:08:58,160 But it was brought to you by bitcoinwell.com, a Bitcoin only 1219 01:08:58,160 --> 01:09:01,359 platform on a mission to enable financial independence.