Latest / Simply Bitcoin / 1% Club of Bitcoin Holders Revealed | EP 822

Transcript

1% Club of Bitcoin Holders Revealed | EP 822 · Simply Bitcoin

• 0:07
  It's all. Going to zero against Bitcoin,
• 0:10
  It's going up for everyone. You're against Bitcoin, you're
• 0:20
  against freedom. Welcome to some of the Bitcoin
• 0:29
  Live. We're your number one source for
• 0:30
  the peaceful Bitcoin revolution. Color breaking news, culture,
• 0:32
  medical warfare. We will be your guide through
• 0:34
  the separation of money and stay Today we're going to cover an
• 0:37
  interesting topic. I think I saw someone else
• 0:40
  making content in relation to this topic and I thought it
• 0:44
  would. I thought it'd be interesting if
• 0:45
  they'd be interesting to cover it.
• 0:46
  But what we're going to do differently is we're going to
• 0:49
  cover all the sources and the $1,000,000 question or the
• 0:51
  million sack question. Better said is how much Bitcoin
• 0:55
  does it take to be in the top 1% of Bitcoin holders?
• 0:59
  That's the question, right? And there's so many different
• 1:01
  answers to that, right? Cuz it's like of Bitcoin holders
• 1:05
  around the world of just overall Bitcoin holders.
• 1:08
  So we're gonna lay out, you know, all the cases, all the
• 1:11
  cases that everyone makes. So it's gonna be a really good
• 1:14
  show. I'm excited.
• 1:16
  And yeah, it's gonna be fun. And of course I have my
• 1:19
  legendary cohost with me. He's always optimistic.
• 1:22
  Giant smile on his face, like always.
• 1:25
  How you doing? Happy.
• 1:27
  I'm good, bro. I'm good.
• 1:30
  The intro. The intro cracks me up every
• 1:32
  single day. Anyways.
• 1:34
  I'm doing well. I'm doing.
• 1:35
  Doing well, great and well. I'm doing Growl.
• 1:38
  Yeah, what's up? Everyone in the chat I'm doing
• 1:39
  growl. Too, bro.
• 1:40
  I'm doing growl dude. It's already early.
• 1:43
  I'm already getting roasted in the chat.
• 1:44
  So hey, it's gonna be a good day.
• 1:47
  But yeah, I'm interested on touching this topic.
• 1:51
  I know all of you guys out there want a little feel good helping
• 1:54
  get some dopamine rushes and feel good about your stacks.
• 1:57
  And then for the people that are new stackers.
• 2:00
  These are the goals that you're going to have to, well, not have
• 2:03
  to that you'd want to hit. I mean, in my era it was 6.15,
• 2:07
  but I think we're in a new era now, Nico, I think this is a
• 2:11
  new, new, new part of the cycle. But anyways, let's get into the
• 2:15
  in the show. Guys it's just a button up, but
• 2:19
  thank you. Thank you.
• 2:20
  We have Opti is getting professional.
• 2:22
  Opti is getting. Professional on the regular,
• 2:24
  anyway. Let's bring in our guest.
• 2:25
  Let's bring in our guests Bitcoin merch.
• 2:26
  But someone asked Tyler Dernan asked how about the point 1%?
• 2:29
  We have the answer to that as well.
• 2:31
  We we have you covered. We have you covered.
• 2:33
  Anyways, I want to bring up our very special guest, Anil.
• 2:36
  He makes amazing content on Twitter.
• 2:38
  Some of the best. How you doing bro?
• 2:41
  Welcome to the show. Doing great, chance.
• 2:44
  Thank you for having me. Appreciate you joining us man.
• 2:48
  Opti, what are we going to cover during the?
• 2:50
  Well, I'm going to not only tee up Anil on some of his Bitcoin
• 2:56
  education work, but we will talk about, I saw you just released a
• 2:59
  book, some of your other stuff, all the other content that
• 3:02
  you're doing. And I I think on today's show, I
• 3:06
  want to kind of dive in on like why Bitcoin with you, Anil,
• 3:10
  because I know that's one of the big things that you talk about
• 3:12
  and how everything converges to money.
• 3:15
  Scarcity, scarce money leads to abundance of everything.
• 3:19
  I think today is going to be a good lesson for people and we're
• 3:21
  gonna get them stupidly bullish. I know I said bullish too much
• 3:24
  today, but I think today, especially considering what Nico
• 3:28
  is going to cover, I think it'll be a good, like well-rounded
• 3:31
  episode where we can explain their goals, they're stacking
• 3:35
  goals and then why we hold Bitcoin.
• 3:37
  So I think it's gonna be a great show.
• 3:40
  All right, before we jump into it, is it still, is it still
• 3:44
  6.15? Is this is that still the goal?
• 3:47
  It it always will be, always will be bro.
• 3:50
  I know what What do you think? Oh, man, I gotta.
• 3:53
  Sorry, guys. I gotta, I gotta reject the
• 3:55
  frame. You know, it's a different
• 3:57
  number for everyone. OK, OK, OK.
• 4:00
  Could you could you elaborate? What does that mean?
• 4:02
  What does that mean? It means that if you tie.
• 4:07
  In the same it's the same problem with Fiat wealth, right?
• 4:10
  You're tying your happiness to some particular number that when
• 4:14
  you get there, everything will be great.
• 4:17
  And that's just we know that's not true.
• 4:19
  You know, I think you'll be happier just adopting Bitcoin as
• 4:24
  a unit of account because you will always see that increasing
• 4:28
  in what you can buy time. I love that.
• 4:32
  So it's not a number goal. It's just adopting Bitcoin and
• 4:38
  then that changes your perspective on the world.
• 4:41
  I absolutely love that. That makes me wanna change the
• 4:43
  topic of today's video. But we do not have time to do
• 4:47
  that. So we're gonna jump straight
• 4:48
  into it. All right, guys, let's jump
• 4:50
  straight into numbers. Let's do it.
• 4:52
  Here we go the Bitcoin numbers. Is your Bitcoin and cold storage
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• 6:04
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• 6:07
  Get get one today. At the time of recording, the
• 6:09
  Bitcoin price is 26,235 sats per dollar 3812 block height 807,361
• 6:20
  blocks to having 32,639 having estimate April 22nd, 2024 Total
• 6:27
  Lightning network capacity 4725 Bitcoin capacity value 124
• 6:34
  million U.S. dollars Realize monetary inflation 1.75% Market
• 6:40
  capitalization $511 billion Bitcoin versus gold market cap
• 6:45
  3.99%. Those are the numbers for today.
• 6:49
  I got two videos for you guys. First shout out to Bitcoin fax,
• 6:54
  thanks for tagging us, he says. Mexican billionaire Ricardo
• 6:58
  Salinas uses the language that bit Volt 7 uses on his Simply
• 7:02
  Bitcoin show. Does Ricardo Salinas watch
• 7:05
  simply Bitcoin, or is Ricolo Salinas an optimist?
• 7:09
  What? Come on, man.
• 7:13
  All right. Like is that cuz opti is Mexican
• 7:19
  like Jesus. No, because I date central
• 7:21
  bankers. He's a he's a he's not a central
• 7:24
  banker, he's a billionaire. Billionaire, bro.
• 7:26
  I'm trying to get close to the money spigot.
• 7:29
  Opti will do anything for the culture anyway, So this could
• 7:32
  mean one of two things. Ricardo Salinas watch is simply
• 7:36
  Bitcoin. I highly doubt that.
• 7:37
  Or or also, you know, we've always said Bitcoin is this like
• 7:46
  single pillar of truth in the middle of of of the public
• 7:49
  square, right. And a lot of people come to it
• 7:52
  from different angles, right? So different backgrounds,
• 7:56
  different religions, different anything but you, you, you come
• 8:00
  to Bitcoin and you find it and and you know you understand and
• 8:04
  you are you. You start to ask questions and
• 8:08
  the most fundamental question is you know what is money?
• 8:12
  Should the state be involved in money?
• 8:15
  And you start asking very basic questions and that starts ask.
• 8:18
  That starts making you ask a lot of questions about a lot of
• 8:21
  things. And one of the theories that
• 8:23
  we've come up with on simply Bitcoin is that it's not left
• 8:26
  versus right. We we truly believe that's a
• 8:28
  divide and conquer strategy. Whichever political parties in
• 8:31
  power, the issue remains the same.
• 8:33
  A bureaucratic elite have the privilege of being able to
• 8:36
  create money for free that everyone else has to work for.
• 8:39
  They benefit from that the rest of society does not.
• 8:43
  And if you look at it from that end, that lens, then you really
• 8:46
  truly understand that it's not Democrat versus Republican, it's
• 8:49
  not liberal versus conservative. It's it's the party of green,
• 8:53
  the party of state money, nihilism, poverty, despair
• 8:57
  versus the party of Orange, which is a party of Bitcoin
• 9:00
  peace, prosperity and bit and Bitcoin.
• 9:03
  Right. So you know, I, I I love the
• 9:06
  fact that Ricardo Salinas is is thinking along the same lines.
• 9:09
  But I truly believe that anyone who's been in Bitcoin for long
• 9:12
  enough, you will come to that inevitable conclusion because
• 9:16
  you know they don't call it the Bitcoin rabbit hole for no
• 9:18
  reason. Anyways about 15 second clip.
• 9:20
  Let me play it. Can't hear it, Nico.
• 9:27
  Yeah, it's weird, man. I can't hear it either.
• 9:32
  Left and right it's There we go. There we go.
• 9:35
  This is not a question of left and right.
• 9:37
  It's it's free and slavery. It's it's it's freedom and
• 9:41
  responsibility. Or irresponsible theft.
• 9:49
  Boom. Like, you know, that sounds very
• 9:51
  familiar, that wording. But again, like, I doubt Ricardo
• 9:55
  Salinas watches simply Bitcoin. Maybe he does.
• 9:59
  Maybe we're underselling ourselves.
• 10:00
  But I would really just like to stick to the conclusion that if
• 10:03
  you're in Bitcoin long enough, you start asking questions about
• 10:06
  money. You start asking questions
• 10:08
  about, you know, the state. You start asking questions about
• 10:11
  individualism versus collectivism.
• 10:13
  You start asking. Those are very basic questions
• 10:15
  that I think anybody who's been in Bitcoin is taking Bitcoin
• 10:18
  into self custody. Starts asking those questions.
• 10:21
  Anyways, here is an explanation of as to why Bitcoin is winning
• 10:27
  by Safe Dean and he is giving a talk at the Soho forum.
• 10:31
  And mind you, this is before Safe Dean like he was.
• 10:35
  He was on everyone's radar at this point, but this was way
• 10:38
  before Safe Dean became the safe Dean that he is today and it's
• 10:44
  just interesting. He's always been on top of it,
• 10:46
  so let's check it out. This is what is happening all
• 10:49
  over the world, You know, with negative interest rates and with
• 10:51
  the inflation around the world, it's just becoming harder and
• 10:54
  harder for people to be able to store value in their money in
• 10:57
  their national currencies. And so Bitcoin is is essentially
• 11:01
  winning by default right now because nothing else is even
• 11:04
  trying to be a store of value because.
• 11:06
  The world is full of Keynesians who think that store of value is
• 11:09
  a bad thing and that, you know, people shouldn't have a store of
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  value because, you know, the government knows what they
• 11:14
  should invest in or whatever. So in a sense, Bitcoin is
• 11:16
  already winning in this regard that is already growing, that
• 11:19
  this is what is happening all over the world, You know, with
• 11:21
  negative interest rates and with the inflation around the world,
• 11:24
  it's just becoming harder and harder for people to be able to
• 11:26
  store value in their money, in their national currencies.
• 11:30
  And so Bitcoin is. Is essentially winning by
• 11:33
  default right now because nothing else is even trying to
• 11:36
  be a store of value. Because the world is full of
• 11:38
  Keynesians who think that store of value is a bad thing and
• 11:42
  that, you know, people shouldn't have a store of value because,
• 11:44
  you know, the government knows what they should invest in or
• 11:46
  whatever. So in a sense, Bitcoin is
• 11:48
  already winning in this regard that is already growing after
• 11:51
  this is what is happening all over the world, you know, with
• 11:53
  negative interest rates and with the inflation around the world,
• 11:56
  it's just becoming harder and harder for people to be able to
• 11:58
  store value in their money. In their national currencies.
• 12:02
  And so Bitcoin is is essentially winning by default right now
• 12:06
  because nothing else is even trying to be a store of value,
• 12:09
  because the world is full of Keynesians who think that store
• 12:12
  of value is a bad thing. And that you know.
• 12:14
  I think it's looping. Value OK.
• 12:16
  Anyways, passing on to Anil first.
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  Do you agree with Safe A Dean? I mean, I've learnt a lot from
• 12:27
  him, so. You know, my views in some way
• 12:30
  are just regurgitating his. Ultimately he taught me
• 12:35
  economics. So yeah, you know, the negative
• 12:39
  interest rates in themselves are just that that shit crazy idea.
• 12:43
  You know, who who would pay someone to borrow money from
• 12:47
  them? That's insane.
• 12:49
  It just doesn't compute. So yeah, absolutely.
• 12:52
  You know, the the more you dig into politics in a Fiat system,
• 12:55
  you realize politics is purely just reacting to to.
• 12:59
  Technological innovation, you know, and trying to keep the
• 13:01
  people happy and fighting against technology deflation.
• 13:07
  So yeah, it's focus on technology and understand
• 13:13
  central banking and politics becomes irrelevant 100%.
• 13:17
  And I think I love, I love that last part, right?
• 13:20
  Which is politics. I think Bitcoin in the long run
• 13:24
  makes politics irrelevant. I completely agree.
• 13:27
  And this is also a theory that was talked about in the in the
• 13:30
  book The Sovereign Individual, which you referenced many, many,
• 13:32
  many, many times on simply Bitcoin.
• 13:36
  I completely agree. But what worries me is not so
• 13:38
  much in the long term because I agree with you and you know like
• 13:41
  the I love our chat. I think in the long on the long
• 13:47
  term I think it it does just that right.
• 13:49
  It does the legendary BTC sessions in the house.
• 13:53
  Hey, Ben. So yeah, it does make it.
• 13:56
  It does make it relevant. But what worries me, what keeps
• 13:58
  me up at night, so to speak, is the transitionary period.
• 14:01
  There was a Coin Stories podcast where Natalie Burnell
• 14:05
  interviewed the Chad Sailor and she asked him what keeps you up
• 14:11
  at night, and his response always stuck with me.
• 14:14
  He said what keeps me up at night is that no one cares about
• 14:17
  sound money. And as long as people don't
• 14:20
  really care about sound money, they're up by by default.
• 14:23
  They're opting into politics, they're opting into a political
• 14:27
  system. I think a lot of people, and I
• 14:29
  think it's really the cause of the political divide, at least
• 14:32
  here in the US, where it's just it's so polarized.
• 14:36
  I think people inherently know that something is wrong with the
• 14:39
  system. I think that they feel it in
• 14:41
  their bones. And I think that part of the
• 14:43
  divide, the reason that it's so aggressive the way it is, is
• 14:47
  because people are trying to seek a solution.
• 14:49
  They're they know something's broken.
• 14:51
  Like, how do we fix this? You know, how do we, how do you
• 14:54
  know, how do we, how do we get a, how do you know, how do we
• 14:57
  make this better? Where I think they're wrong is
• 15:00
  they're seeking a political solution to a nonpolitical
• 15:04
  solution because the solution is really enough people opting out
• 15:07
  of the system entirely and then taking back custody of their
• 15:10
  wealth and putting it into their own hands.
• 15:13
  So I don't know if you want to add to that nail or we could
• 15:16
  pass it on to Opti. Yeah, I got to sorry, sorry, Mr.
• 15:19
  Sailor, I got to disagree with you on that one.
• 15:21
  Like, I think people do care about sound money, but they only
• 15:26
  care about sound money after they've felt the consequences of
• 15:30
  unsound money. And you know, I know Michael
• 15:33
  Sailor knows this because he uses Argentina as the perfect
• 15:36
  example of, you know, Argentinians understand sound
• 15:39
  money because they have felt very real consequences.
• 15:43
  Of unsound money for a very long time.
• 15:45
  So you know, it's just unfortunate that we're at the
• 15:49
  point in this cycle where it's the Western sovereign nations
• 15:54
  that are going to have to now feel the consequences of unsound
• 15:57
  money. So you know, we were just lost
• 16:00
  in the queue. Okay, I like that.
• 16:04
  I like that. I think it was Jeff Booth.
• 16:07
  When he came on the show, he said something very similar.
• 16:09
  He said that, you know, the people that are the farthest
• 16:13
  away from the monopoly, so to speak, are the ones that are
• 16:17
  going to 1st adopt an alternative because they're not
• 16:20
  benefiting from it. And I think that's exactly what
• 16:24
  we're seeing, whether it's in Argentina and Turkey and
• 16:27
  Nigeria. But what's really interesting is
• 16:28
  that a lot of these countries, yes, there's, there's people
• 16:31
  that are adopting Bitcoin, but a big percentage are actually
• 16:34
  adopting stable coins, right? So like they're actually
• 16:37
  adopting like USDT or the USD, Tron or whatever, whatever the F
• 16:42
  that stable coin part, whatever it is.
• 16:45
  But a lot of people are choosing to opt into that.
• 16:48
  Now our perspective on that has always been that it provides a
• 16:51
  false sense of financial sovereignty.
• 16:54
  You know, it's not truly, is that on my end, it's.
• 16:59
  Not me. Yeah, it's you.
• 17:04
  I think that's on my end. Your house is burning gown.
• 17:08
  Yeah. Or the states financial
• 17:11
  sovereignty, You take it away while I try to fix it, yeah.
• 17:15
  No. Well, first and foremost, Ania,
• 17:18
  I really love, I really love what you said, cuz I I've been
• 17:22
  saying it for a while as well. It's very interesting how a lot
• 17:26
  of the stuff that we're doing here is Bitcoiners is really
• 17:29
  about like human psychology. And as much as bitcoiners as
• 17:34
  much as us as bitcoiners, we kind of like Chase.
• 17:38
  The pleasure and the benefits of Bitcoin, Most people are going
• 17:41
  to have to feel the pain of the discomfort of Fiat money.
• 17:45
  And as we see around the world, a lot of people are waking up,
• 17:48
  or at least as we've kind of been noticing, they're at least
• 17:51
  sensing that there's a problem in the world.
• 17:54
  But they of course don't know what the actual solution is.
• 17:57
  And as safety and would always say, you know, this is by design
• 18:00
  because Keynesianism is Uber complicated on purpose, so that
• 18:04
  the average person thinks there's too stupid to understand
• 18:06
  economics or that, you know, like we should give it to the
• 18:09
  experts because they'll control it better.
• 18:11
  They know what they're doing and they've outsourced that
• 18:14
  understanding of how the economy works.
• 18:18
  And so we're seeing this happen. And then just kind of circling
• 18:20
  back to the Ricardo clip, I think something that is very
• 18:24
  interesting and it's one of my favorite things about Bitcoin,
• 18:27
  is that once you get to the shelling point of Bitcoin, once
• 18:30
  you get to the shelling point of understanding Bitcoin, like it
• 18:34
  all inevitably leads you to the understanding that it's not left
• 18:37
  versus right, but orange versus green, or as we always say,
• 18:40
  individualism versus collectivism.
• 18:42
  And it all boils down to just a basic.
• 18:47
  Understanding of should we allow a small cabal of people to
• 18:51
  control the money supply and what are the effects of this on
• 18:54
  the average person out there? And as we know, the more they
• 18:58
  expand the money supply, the poorer we all get because we are
• 19:01
  not close to the money spigot. Hence why we have the running
• 19:04
  joke that I always try to date central bankers so that I can
• 19:07
  get close to the money spigot. It's a joke guys, but I
• 19:10
  appreciate the trolling and and another point, you said, Neil.
• 19:15
  I also was taught economics via safety, and so he well, it's
• 19:19
  safety and Pierre Rashard and Bitstein.
• 19:22
  And I never learned the Keynesian economic system until
• 19:26
  after I learned about Austrian economics.
• 19:29
  And now everything. I viewed the world through just
• 19:34
  the Austrian Bitcoiner lens, and it just, you know, it.
• 19:37
  It all boils down to human action and that humans act
• 19:39
  purposefully towards their, you know, their benefit and their
• 19:43
  own interest. And once you understand this
• 19:46
  basic economic law or understanding, you understand
• 19:49
  why you need to do what you can to protect yourself from people
• 19:53
  that control the money system. And of course they have the
• 19:55
  monopoly on violence and they are forcing us to use their
• 19:59
  money. But you can opt into Bitcoin.
• 20:02
  It's permissionless. You don't have to ask anyone.
• 20:04
  You just have to make that choice and start to protect
• 20:07
  yourself. And and this is where we are.
• 20:08
  And and again, like we say it all the time in in memetic form,
• 20:12
  you fix the money, fix the world.
• 20:14
  And yes, we understand that Bitcoin won't fix all of the
• 20:18
  world's problems. But starting with fixing the
• 20:21
  money and getting on a hard money standard will inevitably
• 20:24
  ripple out and fix the rest of the world.
• 20:26
  So it starts with the money. Guys like it fundamentally
• 20:29
  starts with the money. Everything revolves around the
• 20:31
  money and the sooner you understand this, the better your
• 20:34
  future will be. So you know, that's why we are
• 20:37
  repetitive of times to tell you guys that you need to take
• 20:42
  Bitcoin into self custody. This is the most important thing
• 20:45
  to do. You need to save in Bitcoin, you
• 20:47
  need some capital and then spread that understanding for
• 20:50
  more people because still people don't understand what's going on
• 20:53
  in the world and you do. So I I think it's upon us to
• 20:57
  keep educating people, keep inspiring people, keep incepting
• 21:00
  these ideas so that they can also protect themselves.
• 21:03
  Like this is all we're doing. Hey, man.
• 21:05
  Yeah, dude. Opti was so on fire that my fire
• 21:09
  alarm went off. Yeah, man.
• 21:12
  Ah, man. See, we're doing it live.
• 21:15
  We're doing it live, all right, guys?
• 21:17
  Let's move on to the news. We got a lot to cover.
• 21:19
  But before we move on to the news, I want to give a very
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  news. We've got a lot to talk about
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  the Daily News. I wanna give a shout out to our
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• 23:17
  Anyways guys, I want to I want to go through this list.
• 23:20
  It's very very interesting. This list was made a while ago
• 23:24
  and it kind of goes through the distribution of wealth.
• 23:27
  But before I get into that, I just want to echo.
• 23:31
  Anil's point in the very, very beginning of the video, we're
• 23:33
  just doing this, you know, for we have an expression here in
• 23:36
  Miami for shits and giggles, right, Because it's
• 23:38
  entertaining. It's something to talk about.
• 23:40
  I think a lot of people, you know, like this is an
• 23:42
  interesting topic, right? What's what's most important, I
• 23:46
  completely agree with Anil when he said it in the very beginning
• 23:49
  of the video, is just migrating to a Bitcoin standard period,
• 23:54
  right? Your life will improve,
• 23:56
  especially if you wait about four years or so.
• 23:59
  If you huddle for four years. Cuz my belief and experience, it
• 24:03
  truly takes about one cycle to really start feeling the
• 24:09
  benefits of adopting a Bitcoin standard, but it completely
• 24:13
  changes your outlook on the world because most people are on
• 24:17
  a. Deflation.
• 24:19
  An inflationary operating system.
• 24:21
  The cost of living continues to go higher and higher and higher.
• 24:25
  They constantly have to work harder and harder and harder for
• 24:28
  less and less pay. When you transition to a Bitcoin
• 24:31
  standard and you start saving in Bitcoin, you start putting away
• 24:34
  some of your money for the future.
• 24:37
  Life gets cheaper. That Bitcoin will buy you more
• 24:40
  with less Bitcoin, and the longer you wait, the more it
• 24:44
  buys you right. This is very crazy.
• 24:46
  There's those. Epic memes of people.
• 24:49
  Like in 2010, like one iPhone cost you thousands of Bitcoin.
• 24:54
  You know, Fast forward a couple years, you know 10 years later,
• 24:58
  it's like .1 Bitcoin, .01 Bitcoin, right?
• 25:00
  It's something ridiculously low compared to where it was in the
• 25:03
  beginning. So yes, the deflationary money
• 25:07
  is absolutely powerful. This is why you have to adopt A
• 25:09
  Bitcoin standard. All that being said, let's break
• 25:13
  it down. What does it take to be in the
• 25:15
  top 1% of Bitcoin holders? I know we got a comment in the
• 25:19
  very beginning of the video that mentioned what was the top .1%.
• 25:23
  Well, that's included in this list as well.
• 25:26
  So let's kind of go through them and we'll we'll we'll stop at
• 25:28
  the top 10%. So to be in the top .001% of
• 25:32
  Bitcoin holders? It takes a minimum of 7021
• 25:36
  Bitcoin. There's an estimated of 250
• 25:40
  Bitcoin holders that are in that percentile.
• 25:43
  To be in the top .003% of Bitcoin holders, it takes about
• 25:47
  2189 Bitcoin. There's estimated to be about
• 25:51
  500 Bitcoin owners that are in that percentile to be in the top
• 25:56
  .01% of Bitcoin holders takes about 433 Bitcoin.
• 26:01
  There's estimated to be about 1750 Bitcoin owners that are in
• 26:06
  that percentile To be in the top .03%, it takes about 215
• 26:11
  Bitcoin. There's about 5000 Bitcoin
• 26:14
  owners that are in that percentile to be in the top .1%,
• 26:17
  which is a question from one of you guys, takes about 89 Bitcoin
• 26:22
  and there's about 17,500 people in that percentile to be in the
• 26:26
  top 1% of Bitcoin owners, which is the title of the video.
• 26:30
  According to this list, and there's many others, it takes
• 26:33
  about 15 Bitcoin and it's there's estimated to be around
• 26:37
  225,000 people in that list. To be in the top 10% of Bitcoin
• 26:44
  holders, it takes about 1.28 Bitcoin.
• 26:47
  There's estimated to be about a quarter million people in that
• 26:51
  to be in the top 50%. Takes about .037 Bitcoin, So
• 26:57
  very, very interesting. I would say we're still super,
• 27:00
  super early. Now this is a breakdown from
• 27:03
  Luke Broyles and he had another take on this.
• 27:05
  And it's important because you can't just, you know, make your
• 27:09
  judgment based on one list. You have to make it on multiple
• 27:12
  list. You have to make it because
• 27:13
  everyone's facing this at it from a different angles.
• 27:17
  I love the way that Luke Burrows explains it.
• 27:19
  He explains it in the sense of human beings have a hard time
• 27:22
  understanding exponentials. And that's incredibly true right
• 27:28
  after. After all, it is 21,000,000
• 27:30
  divided by Infinity after all, I don't think the human race has
• 27:34
  ever really felt. What absolute scarcity is, but
• 27:38
  so far that has proven to be, you know, the fastest
• 27:42
  appreciating asset the world has ever seen.
• 27:45
  So I, I, I, I just, you know, I don't think, I don't think
• 27:49
  people truly can wrap their head around it.
• 27:53
  And it's not only 21 million that there's estimated that
• 27:55
  between 2:00 to 3:00 millionaire lost.
• 27:56
  I know that's debatable. I know some people disagree with
• 27:58
  that, but that's just what people say.
• 28:01
  But this is another breakdown, right?
• 28:03
  So. And he breaks it down not by
• 28:04
  percentiles, but by he he calls it entities, right?
• 28:09
  So the first entity is nation slash the mega rich.
• 28:13
  According to him, there's a 10%, there's ten of them and what's
• 28:18
  required is 140,000 Bitcoin. Then after that is multibillion
• 28:22
  slash small nation, he estimates.
• 28:26
  According to this, there's about 8000 people that fit into that.
• 28:30
  Sorry, you require 8000 Bitcoin to fit into that and there's
• 28:35
  about 200 people that fit into that category.
• 28:38
  Then below that, there's billionaire slash Mega
• 28:41
  Corporation. According to him, there's about
• 28:43
  5000 people or entities that fit into that.
• 28:46
  It takes about 120 Bitcoin to fit into that category.
• 28:51
  Then there's the multimillionaire slash Large
• 28:53
  Corporation. According to him, there's about
• 28:55
  70,000 people that fit into that category.
• 28:59
  And the minimum amount of Bitcoin is about 10 Bitcoin.
• 29:02
  Then there's the millionaire slash companies.
• 29:04
  There's about 80 million people that fit into that category
• 29:07
  about you. You need .06 Bitcoin to fit in
• 29:11
  there. Then upper middle class, you
• 29:13
  know there is almost a billion people in that category.
• 29:18
  And this is super, super overly bullish.
• 29:21
  You know this report by Luke Broyles.
• 29:23
  Apparently you only need .008 Bitcoin to be in the upper
• 29:27
  middle class. This this is how bullish he
• 29:30
  feels about where Bitcoin is going anyways.
• 29:34
  And I know Opti's here, so it wouldn't be complete without a
• 29:38
  meme. Because at the end of the day we
• 29:40
  have to we have to give Opti a shout out.
• 29:44
  So this is the Pepe the Pepe Citadel.
• 29:48
  Stack Castle. And over here it says the year,
• 29:53
  the year of 2028 of the Second Age 1 Bitcoin is now worth of $1
• 29:57
  million adjusted for inflation and the Pepe meme Castle at the
• 30:02
  top, you know there's those two twins that it made memes.
• 30:05
  There's the 10,000 Bitcoin stack, then there's the whale
• 30:09
  stack at 1000 Bitcoin. Then there's the King stack at
• 30:13
  100 Bitcoin. Then there's the Duke stack at
• 30:15
  50 Bitcoin. Then there's the generational
• 30:18
  wealth at 10 Bitcoin. Then there's the make it stack
• 30:21
  the break it stack around 5 Bitcoin.
• 30:23
  Then the suicide stack at one Bitcoin.
• 30:26
  I I think that this meme is old because the reality is that at
• 30:29
  $26,000 one Bitcoin is a lot of money for a lot of people you
• 30:35
  know. And then there's the hope, the
• 30:36
  the cope, the rope, and then the worst.
• 30:39
  I think it we you could put the no coiner in there.
• 30:42
  That still hasn't woken up to Bitcoin being the best money in
• 30:45
  the world. And to end to, I think I'm going
• 30:49
  to head to a calculator at the end to break down some different
• 30:53
  type of math. But this was the prediction by
• 30:56
  ARC Investments, what they believe could be, you know, the
• 31:00
  total price of Bitcoin. They have a bear case, a base
• 31:04
  case and a bull case. They're bear case.
• 31:06
  They make the case for a $258,000 Bitcoin, a base case.
• 31:11
  They make the case for a $682,000 Bitcoin.
• 31:15
  And for a bull case, they make the case for a $1.48 million
• 31:18
  Bitcoin. These are all 2030 price
• 31:21
  targets. I tend to be on the conservative
• 31:24
  side to be honest, but maybe that's because I got a little
• 31:26
  bit burnt because of the last bull market.
• 31:30
  But anyways, if you divided 21 million equally behind every
• 31:34
  human being on planet earth, it give you a little bit different
• 31:38
  of math, right? So let's do the math.
• 31:40
  So. 21,000,000 divided by roughly 8 billion people and
• 31:47
  that gives you .002625 and you multiply that by 100 and you get
• 31:53
  .26 point 2625. So to be in the top 1% of the
• 31:59
  human race of Bitcoin owners you need about .2625 Bitcoin.
• 32:06
  So. All of that being said, I just
• 32:09
  want to echo what Anil said in the very, very beginning migrate
• 32:13
  to A to a Bitcoin standard. I think that's priority number
• 32:16
  one. I think your your life will
• 32:18
  improve by default, especially the more patient you are,
• 32:22
  especially the long, the longer you huddle.
• 32:25
  I think you will start to feel a net benefit of living on a
• 32:30
  deflationary currency standard. I think that I I think that's
• 32:34
  true without a doubt. I could definitely speak from my
• 32:37
  own experience. I can speak from Opti's
• 32:38
  experience what it's done for simply Bitcoin, what it's done
• 32:42
  for my family, what it's done for my fiance.
• 32:45
  Adopting adopting Bitcoin just by itself is is key.
• 32:50
  So I just want to say that anyways, really interesting what
• 32:53
  you kind of break it down like that because I think a lot of
• 32:55
  people have misconceptions, they don't really have an answer to
• 32:57
  that question, right. So the general consensus is
• 33:00
  between 15. 2.26 Bitcoin. But if your court if, if it's
• 33:06
  according to Luke Broyles, you know it's like .06 to be in the
• 33:10
  upper middle class of of of society and whatnot.
• 33:13
  So, O'Neal, what did you think about all those numbers, all
• 33:16
  those breakdowns? Did did any of them, and
• 33:19
  specifically any of those lists, resonate with you at all?
• 33:23
  Yeah, I well, I think a really underappreciated fact is OK,
• 33:28
  take the people who are publicly.
• 33:31
  Admitted to owning a large amount of Bitcoin.
• 33:35
  So Saylor, Don Ricardo, Ross Stevens, Bill Miller, Paul
• 33:39
  Tudor, Jones, What do they all have in common?
• 33:42
  They're all in their 60s and 70s and so I don't wish anyone any
• 33:50
  harm, but we can assume that in 30 years from now, all that
• 33:55
  Bitcoin is getting redistributed.
• 33:57
  Whether that's through a trust they've set up, whether it's
• 34:00
  getting passed on to their children, that Bitcoin will be
• 34:04
  in someone else's hands potentially.
• 34:07
  So it's easy to get to compare yourself to someone like Russ
• 34:15
  Stevens holding, you know, 20-30, forty thousand Bitcoin
• 34:18
  today. But if you're young, you've got
• 34:20
  time on your side and I think people discount that fact.
• 34:26
  That the earlier in your life you can adopt A Bitcoin
• 34:30
  standard, the more likely you're going to live a life where your
• 34:35
  quality of life continues to increase.
• 34:37
  And at the end of the day, I think that's all you really
• 34:39
  want, right? You don't want to get to 70,
• 34:42
  have all this Fiat wealth converted all into Bitcoin and
• 34:47
  then die. So factor in your age into the
• 34:51
  equation. I think that's something that's
• 34:54
  kind of missing from from these calculations, but overall
• 34:58
  really, really good insight, really good color to to where
• 35:01
  all that bitcoins being held right now.
• 35:03
  Yeah. And that that's really, that's
• 35:05
  really true, right. You're factoring, factoring your
• 35:07
  age. And then also not to mention of
• 35:09
  course this is very unfortunate. I just want to, I want to, I
• 35:12
  want to give a disclaimer before that.
• 35:14
  But you know, the reality is that there's definitely a
• 35:17
  percentage of people that are going to pass away.
• 35:20
  And they didn't set up the infrastructure to to hand over
• 35:25
  those keys. So therefore, though that
• 35:27
  Bitcoin is is gone forever And to use one of Satoshi's own
• 35:31
  quotes, right, you know, if you lose Bitcoin, it's a small
• 35:34
  donation, maybe a big donation depending on how much Bitcoin it
• 35:37
  is to everybody else. So yeah, I completely agree with
• 35:40
  you and Neal and that's a really good insight.
• 35:43
  And you know, someone just commented like is sailor like,
• 35:45
  yeah like sailor. Sailor is like either in his his
• 35:48
  mid mid to late 50s if not early 60s.
• 35:53
  Anyways, Opti, what's your take on all this, brother?
• 35:56
  Yeah, well, I am going to kind of start and echo what Anil said
• 36:00
  because it's something I've realized as well.
• 36:03
  You know, we, we are Bitcoin entrepreneurs and you hear a lot
• 36:06
  of people saying like, oh, I wish I and this is kind of not
• 36:09
  even coming from bitcoins, but like in in in normal land
• 36:12
  they're like, oh, you know, I wish I could just like quit my
• 36:15
  job, but I'm living paycheck to paycheck.
• 36:17
  And first and foremost, like you need some capital to live the
• 36:20
  life you want to live. So like you're going to have to
• 36:22
  save something and that's the perks of freedom money that is
• 36:26
  Bitcoin is you are able to save and and you don't get caught up
• 36:29
  in the hamster wheel. So I really like Anil's point of
• 36:32
  view where it's like do not beat yourself up if you don't get
• 36:34
  some of these stack goals. Obviously the first stack goal
• 36:37
  is usually, you know, 50 million Sats.
• 36:41
  You know, like work your way up 10 million Sats, 25,000,000
• 36:43
  Sats, 50 million Sats, a whole coin.
• 36:46
  And if you are making money, you have a good cash flow, Then
• 36:50
  obviously you want to hold as many coins as possible.
• 36:53
  This is a, you know, this is a margin call.
• 36:56
  Wait, is it margin call or Wall Street?
• 36:58
  The movie like Greed is good guys.
• 36:59
  You know you want to save money and this is a game that
• 37:03
  incentivize you to save. And I say it all the time like
• 37:05
  we are playing Hungry Hippo here.
• 37:07
  You want to stack as many sets as possible and do it ethically
• 37:10
  and do it in a principled way, but you want to try to usher in
• 37:13
  as many sets as possible. And I think the point that Anil
• 37:18
  said is what I was going to echo as well is like, the time metric
• 37:22
  is the biggest thing. And there's people in the chat
• 37:24
  asking, like, you know, how long should I be hoddling this
• 37:27
  Bitcoin? Basically everyone asks the same
• 37:29
  question, like, how long do I need to hold Bitcoin before I'm
• 37:32
  rich? And I think it's something I've
• 37:34
  been saying for a while, is like, I'm relatively young, I'm
• 37:37
  in my 30s, and I feel like I'm going to be saving in Bitcoin
• 37:41
  for the rest of my life. Like I I can't see a future
• 37:46
  where I don't save in Bitcoin there it's just like this is my
• 37:50
  new store value. Like, yes, maybe when I'm like,
• 37:54
  you know, older I'll, I'll you know, die, divest into other
• 37:59
  things like a house or something like that, something that has
• 38:02
  some utilities, some some other kind of assets.
• 38:04
  But for the most part, I feel like I will always be saving in
• 38:07
  Bitcoin because I have, you know, God willing, another 60
• 38:10
  years of this life and and I want to live a good life.
• 38:13
  I want to pass stuff down to my family, and so I just don't
• 38:17
  think that this game ever ends as a Bitcoin or as we say all
• 38:20
  the time. Like, what are you gonna do?
• 38:21
  Go back to the Fiat world? Like it?
• 38:23
  Just that makes absolutely no sense.
• 38:25
  You only need as much Fiat as you need to transact in for like
• 38:28
  your bills and your rent and all that stuff and everything else
• 38:30
  where you're gonna put it as someone like me that literally
• 38:33
  had no savings before Bitcoin. I finally learned how to save
• 38:38
  because of Bitcoin. And now I'm like, yeah, I'm
• 38:40
  going to save in Bitcoin forever and hopefully, you know, get I I
• 38:45
  always say like I'm just trying to get to a billion sets.
• 38:47
  I want to be a billionaire. You know that billion sets to me
• 38:50
  is like it obviously like a Neil saying it won't, it won't
• 38:53
  probably make me happy there. Like, I have to work on myself
• 38:56
  before that point, but I really, really believe in the meme of,
• 39:01
  like, if you own one Bitcoin, then you can kind of equate that
• 39:05
  too. And I, and I think even the math
• 39:07
  is lower than that. But it it's just like a good
• 39:09
  meme that sticks in people's heads.
• 39:11
  It's like if you own one Bitcoin, you can pretty safely
• 39:14
  say that that's like owning a block on Manhattan.
• 39:17
  And like that's the type of level of thinking that I think
• 39:20
  more people should try to understand.
• 39:23
  And shouts out the surfer Jim, because he did a whole breakdown
• 39:25
  of this. It's like Bitcoin is equal to
• 39:27
  real estate or something like that.
• 39:28
  It was Citadel 21 or Bitcoin divided by the amount of land in
• 39:34
  the world or something. And anyways the the whole point
• 39:37
  of this is saying, like, yes, stacking goals are good.
• 39:40
  You know as humans we like whole numbers.
• 39:42
  We like to hit goals. You know, we like that dopamine
• 39:45
  rush. But I I'm very, very much
• 39:48
  convinced that any Bitcoin that you hold today and you can hold
• 39:51
  this for a long time time, whether it's one cycle, whether
• 39:55
  it's 12 cycles, it's going to be worth a lot more than it is
• 39:59
  today. And so you know to you guys out
• 40:01
  there, don't get discouraged. You want to stack you know,
• 40:04
  shouts out to my boy Mclovin. Cuz he he he keeps sticking in
• 40:08
  my head because we we taught him to drop his shit coins and he's
• 40:11
  on that journey like we were all on the journey and I started
• 40:15
  this. Show with the the classic meme
• 40:18
  of American auto, you know 6.15 for eternal riches and you guys
• 40:22
  know the rest. And it's really about just
• 40:26
  pushing yourself to try to stack and save as much as possible
• 40:29
  Site you can live the life you want.
• 40:31
  It is called freedom money for a reason.
• 40:33
  And personally, in my life, Bitcoin has changed everything
• 40:36
  about my life because I just followed the blueprint.
• 40:39
  Stack Sats, stay humble, stay solvent, do not get over your
• 40:43
  skis. Take your Bitcoin into self
• 40:44
  custody. And the longer you do this and
• 40:47
  the more committed and disciplined you are In this
• 40:50
  process, you will finally have a treasure chest, a nest egg that
• 40:54
  you can start to unleash your human capital.
• 40:57
  I don't know what your dreams are in life.
• 40:59
  I don't know what you're good at.
• 41:00
  I don't know what you want to do with your life, but you are
• 41:04
  going to need to have some savings.
• 41:06
  And again, I've been watching a lot of Alex Hermosi stuff.
• 41:09
  I really enjoy his content and one of the things he was saying
• 41:13
  is like as someone that is an entrepreneur, you are going to
• 41:17
  need to have it like a two year runway.
• 41:20
  So before you quit your job guys make sure you have some savings.
• 41:24
  And if that means owning one coin, 2 coins, 10 coins, I think
• 41:28
  it's kind of irrelevant And it's kind of what Anil was saying.
• 41:32
  It's like just getting on a Bitcoin standard will improve
• 41:35
  your life and this is what more people need to know.
• 41:39
  And what's the number Nico 15 coins for the top 1% or
• 41:42
  something like that? Well.
• 41:43
  Okay. So for the world, it's point
• 41:45
  2.26. For according to that list it's
• 41:49
  15 Bitcoin and according to Luke Broyles it's like .06.
• 41:56
  Wait and how are these owners measured?
• 41:59
  Is this like on chain metrics? I think it's just, it's just, I
• 42:03
  don't know dude, they all are using clearly.
• 42:05
  Clearly they're all using different.
• 42:07
  I use basic math for mine but like just 21,000,000 / 8 billion
• 42:12
  people and that's how I got to and then you know times 100, the
• 42:16
  top .1%, the 1% and then that's how I got to my number.
• 42:21
  But you know, but but yeah, so well.
• 42:27
  Yeah, and jets. I also think we got to just
• 42:29
  appreciate how insanely lucky we all are to firstly be alive.
• 42:35
  Think of everyone that's lived, every human that's lived pre
• 42:39
  Bitcoin to be alive during Bitcoin to speak English because
• 42:44
  white paper was released in English, a lot of the early
• 42:46
  content is in English to have access to the Internet, to
• 42:50
  continue to self educate, connect with likeminded
• 42:52
  individuals and then have access to on ramps.
• 42:55
  And the hardware to self custody like to tick all those boxes is
• 43:01
  insane. So anyone watching this, the
• 43:04
  fact that you're even here is just you should not feel that
• 43:09
  you're at any disadvantage in any way.
• 43:13
  You have the time like up to you might have 5 decades ahead of
• 43:16
  you on a Bitcoin standard. Think of what that's going to be
• 43:19
  like. Think of how many people in the
• 43:22
  future who haven't been born yet.
• 43:24
  Would kill to be in your position right now in like prime
• 43:28
  earning years focused head on straight.
• 43:31
  You know it's just use it. Grab that opportunity, yeah yeah
• 43:38
  Neon. And we'll get a little more in
• 43:40
  this in the culture as well cuz I wanna pick your brain on this.
• 43:43
  But I think a lot of us you know and I and I say this all the
• 43:46
  time like even bitcoiners aren't bullish enough in regards to the
• 43:51
  life changing opportunity that Bitcoin is.
• 43:54
  And and we really can't wrap our heads around what truly digital
• 44:00
  scarcity means in a world that is just a Fiat world with an
• 44:03
  unlimited money printer like it. It really I I don't think we
• 44:08
  understand how big numbers work and yes, we're so early and we
• 44:12
  like we can get as bullish as possible.
• 44:14
  But I I think we are still under estimating how powerful the
• 44:18
  stacks we have today will be going in the future.
• 44:22
  And the longer you can hold it, the more purchasing power you
• 44:25
  will retain. And and like you said Anil, you
• 44:27
  know living on a Bitcoin standard for five decades, like
• 44:29
  Oh my goodness, I'm feeling great right now.
• 44:32
  Nico, let's go. All right guys, before we get
• 44:37
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• 46:08
  Let's go. All right and Neil.
• 46:09
  So everyone in the chat really enjoys the how did you get into
• 46:14
  Bitcoin stories? So if you could TLDR us on how
• 46:19
  you ended up here because I think people can relate to these
• 46:21
  stories. Everyone thinks, you know, like,
• 46:23
  oh, I'm I'm not smart enough to be in Bitcoin.
• 46:26
  You know, like I didn't come from this background and it's
• 46:29
  like, guys, we've all come from different directions and we
• 46:32
  found Bitcoin and and now we're all just so bullish on Bitcoin.
• 46:35
  So Anil, maybe TLDR us, what is your Bitcoin journey and how did
• 46:40
  you get here? Yeah, Okay used to work in the
• 46:44
  music industry and specifically, I spent a lot of time working
• 46:50
  around the economics of ticketing.
• 46:53
  So you go to an event, tickets have prices.
• 46:56
  I used to be one of the guys that gave input and advice on
• 47:00
  how that happened. So I'm doing this at a time when
• 47:04
  tickets go digital. So they go from lining up at
• 47:07
  your physical box office, you get a paper ticket.
• 47:10
  So now you're buying them online?
• 47:11
  You're getting a bar code that you print yourself or it's on
• 47:13
  your phone. If you think of your local arena
• 47:17
  or stadium, it has a fixed number of seats.
• 47:21
  Now, this is all happening at a time when StubHub was just about
• 47:25
  starting tickets, scalping or resellers, like it was still
• 47:30
  usually a British guy standing outside the event, you know,
• 47:33
  yelling at you. So for me, I got exposed to what
• 47:38
  I think was really the first example of.
• 47:41
  Digital scarcity or digitally scarce?
• 47:43
  Good, because there is a fixed number of seats in a venue and
• 47:48
  these tickets were being traded peer-to-peer on marketplaces
• 47:52
  outside the issuer. So when Bitcoin was presented to
• 47:57
  me through no skill of my own pure luck, I had something to
• 48:03
  compare it to. I could understand the
• 48:06
  importance of something that was digital and scarce, the
• 48:09
  difference being. A concert ticket is perishable,
• 48:13
  like an option. You know, the event date
• 48:14
  happens, the price drops to 0. Bitcoin obviously does not have
• 48:19
  that. It's it's not perishable.
• 48:22
  So I was just really lucky to have that previous experience
• 48:27
  and then I landed in a city that just happened to be very early
• 48:31
  to Bitcoin in terms of having meetups and the first ATM
• 48:35
  happened to be down my street. Again, this is all luck, you
• 48:39
  know. I don't put any of that in term,
• 48:43
  like it's not my own brilliance. So I would be an idiot if I
• 48:48
  could not connect those dots. So that's what led me down the
• 48:52
  Bitcoin rabbit hole. But at first I made the same
• 48:55
  mistake a lot of people did. I thought it was a payments
• 48:57
  network. I thought, that's cool, I can
• 48:58
  transact cash, cross borders frictionlessly.
• 49:02
  Took me a while to understand and appreciate sound money.
• 49:05
  See This is why we always ask this question to start it
• 49:08
  because I I think more people will be like oh wait, this
• 49:12
  sounds exactly like my life journey and this whole Bitcoin
• 49:16
  thing isn't out of reach for me. And so anyways that's just a
• 49:20
  little tangent. Anil, you are a Bitcoin
• 49:23
  educator. I do have some tweets over here
• 49:25
  from you you work. I'm, I'm going to guess
• 49:28
  tirelessly on these Bitcoin visualization.
• 49:32
  So my question would be to you like what do you think is the
• 49:35
  best way to explain Bitcoin to someone?
• 49:37
  And maybe what is your elevator pitch for someone?
• 49:40
  Okay, so up to you. Earlier on you brought up Wolf
• 49:43
  of Wall Street margin call. You know those movies.
• 49:47
  So there's that line in The Big Short where Vinny's talking to.
• 49:53
  What's that guy's name, The broker?
• 49:55
  Anyway, the line is I'll, I'll buy it.
• 49:57
  But just tell me how I'm getting effed and I feel like rather
• 50:01
  than trying to convince someone to buy Bitcoin.
• 50:04
  Try to help someone understand how they're being effed by the
• 50:07
  current system, and for me, that's all you have to do.
• 50:10
  If someone's curious and open minded, they will eventually
• 50:14
  find Bitcoin. But you know, help them
• 50:17
  understand how the Fiat system is working to their
• 50:20
  disadvantage. If they're not part of that in
• 50:22
  the circle, Wow, I love it. Absolutely love it.
• 50:26
  I think that's a great, great way.
• 50:28
  I mean, and we try to do that and we say it all the time, you
• 50:30
  know, like we explain the mechanisms of what's going on in
• 50:36
  the world. And yet people still just, I
• 50:40
  don't know, they fight you so hard on it.
• 50:42
  Anyways, going back to your Twitter, because these are
• 50:45
  points that I like to beat in people's heads and there's this
• 50:48
  clip here and I'm just gonna do your tweet on top of it.
• 50:51
  So maybe you can elaborate on it, but we talk about it all the
• 50:54
  time. The Fiat system normalizes debt,
• 50:57
  it normalizes you getting over your skis, you know, getting
• 51:01
  over leverage. But Bitcoin normalizes savings
• 51:04
  and I even talked about it earlier.
• 51:06
  So maybe can you elaborate on to the listener out there?
• 51:09
  Just like how revolutionary Bitcoin is in just terms of
• 51:14
  savings, even though it seems so mundane, it it seems like some
• 51:18
  nonchalant issue, but like savings is important.
• 51:21
  Yeah, yeah. So I live in one of the highest
• 51:26
  cost of living cities in the world and for a period of time I
• 51:30
  worked managing the admissions for a Business School and the
• 51:36
  price tag of Business School, education and the average price
• 51:41
  of a home. You know you got a couple of
• 51:44
  these things together in this city are all astronomical when
• 51:47
  you compare them to the average salary, but.
• 51:51
  You look at how much people are able to borrow, then it'll make
• 51:56
  sense, take away all that ability to borrow.
• 52:01
  No one is going to Business School.
• 52:03
  No one is buying a house in the city.
• 52:06
  So then what does the city look like without all that fee up
• 52:11
  debt? And I think that's what you have
• 52:13
  to kind of wrap your head around if you've never lived outside a
• 52:18
  western developed city. So yeah, savings is a
• 52:24
  prerequisite to investment. Love it.
• 52:26
  OK. And I kind of touched on this
• 52:28
  earlier, but we have one of your visuals here, Neil.
• 52:31
  And it's the idea that scarcity and money brings abundance and
• 52:35
  everything else. And there is a visual here, but
• 52:38
  maybe you can explain it for the audio listeners.
• 52:40
  What's your thinking here? And this is something I I try to
• 52:43
  explain to people. And so hopefully having other
• 52:46
  people explain it to our audience, it'll beat the nail in
• 52:50
  their head so they understand why scarce money is so
• 52:53
  important. So if you don't have scarcity
• 52:58
  and money, people can't reliably store value.
• 53:02
  They exchange their labor. They need to put what they
• 53:05
  received somewhere that will preserve value.
• 53:07
  If money is abundant or being printed arbitrarily, money is
• 53:11
  not a good place to do that. So you look for the next best
• 53:15
  option you have access to. Where I live, that is housing.
• 53:19
  So everyone is storing the wealth that they have in
• 53:22
  housing. It is being financialized.
• 53:25
  It has a monetary premium. It's being used as money.
• 53:31
  Flip side of that, when money is scarce, when someone can't
• 53:34
  arbitrarily create more of it, when it requires work to to
• 53:40
  produce, well, all of a sudden now I can store my.
• 53:44
  My earnings in IT, it will retain purchasing power for me.
• 53:48
  Therefore, if someone wants my money, they have to create
• 53:51
  something of value for me. And usually that's in the form
• 53:55
  of other things that currently are attracting A monetary
• 53:58
  premium. So yeah, look at how the supply
• 54:03
  of money expands and contracts and look at the monetary
• 54:07
  premiums that nest into assets that get financialized.
• 54:11
  Same things, kind of like an accordion.
• 54:13
  Love it. Okay.
• 54:14
  And before I get into all the projects you're working on, I
• 54:17
  wanna touch on one last thing. Because again, we do our best to
• 54:22
  explain Bitcoin to the non bitcoiner and then we also try
• 54:27
  to steal views from the shit coin channels.
• 54:29
  And there is still so much contention out there on the idea
• 54:33
  that Bitcoin is more than just digital payments.
• 54:36
  And I really like how you put it in this tweet.
• 54:38
  Here you said what all coiners fail to appreciate is that
• 54:41
  payments must logically follow robust money.
• 54:44
  So what is robust money and why is Bitcoin more than just
• 54:47
  digital payments? And Neil?
• 54:51
  It's the old horse before the car analogy if you do not have
• 54:56
  sound money first and foremost. Why do you need fast transaction
• 55:01
  speeds? Why do you need to be able to
• 55:04
  move it at the speed of light? You know, you first have to have
• 55:08
  sound money. Yeah, this is a quote from the
• 55:12
  block Size War. Go out and read it.
• 55:14
  Otherwise, Parker Lewis has a great essay about this where
• 55:17
  he's comparing, you know, Bitcoin to the Visa and PayPal,
• 55:21
  and he explains how that argument just completely misses
• 55:24
  the point. It's a red herring.
• 55:27
  You know, so if you're out there looking at evaluating a token on
• 55:34
  the basis of speed, you've you, you've missed it.
• 55:39
  You've completely missed the point of all of this.
• 55:41
  And that's first creating sound money that is censorship
• 55:45
  resistant as a result of being decentralized.
• 55:48
  Because without that, no one's going to want to use it to pay
• 55:52
  for anything. Yeah, 100%.
• 55:55
  And you kind of reminded me of my my shit coin journey.
• 55:59
  You know, I I found Bitcoin 2017 where everything was pumping.
• 56:02
  It took me like 2 weeks to get sidetracked by all the shit
• 56:05
  coins and got wrecked basically a month later.
• 56:08
  And the fundamental question that saved me from all this was
• 56:12
  just asking myself, wait, what is Bitcoin?
• 56:14
  I think I need to study Bitcoin so I can better compare all
• 56:17
  these other shit coins and it inevitably leads you back to
• 56:20
  this whole idea of hard money. You know it's a store of value
• 56:24
  over just digital payments. Anyways, let's get into some of
• 56:28
  the stuff you're working on Anil.
• 56:30
  So you just launched a book. Well, you know, this year.
• 56:34
  What is the Bitcoin handbook and where can people find it?
• 56:38
  Yeah, so the Bitcoin Handbook is a collection of first
• 56:41
  principles. So there's a lot of great
• 56:43
  Bitcoin books out there. Go read them.
• 56:45
  This is not meant to compete with those.
• 56:47
  This is kind of like a reference style guide that you can use
• 56:50
  while you're learning about Bitcoin.
• 56:52
  Think of it like a thesaurus, you know?
• 56:54
  So it covers things like Gresham's Law, the canteen
• 56:59
  effect, scarcity, opportunity cost.
• 57:03
  You know, it's kind of like the textbook I wish existed when I
• 57:06
  was first learning about Bitcoin, to kind of take all
• 57:09
  these concepts and mental models and frameworks and just put them
• 57:12
  in one easy to digest. Place.
• 57:16
  So you know, it's not meant to end with convincing you to buy
• 57:21
  Bitcoin. It's just to give you the first
• 57:23
  principles that you can keep coming back to.
• 57:26
  To understand why Bitcoin's important.
• 57:28
  And I would always encourage people stop focusing on breaking
• 57:32
  news or the latest trend. Just keep understanding first
• 57:36
  principles. Just keep repeating that process
• 57:39
  because, yeah, that's. The timeless stuff is what you
• 57:42
  want to focus on and that's what I tried to put in this book.
• 57:45
  I couldn't agree more. We say this all the time.
• 57:47
  It's like once you have the Bitcoin fundamentals, everything
• 57:50
  else just kind of finds a way of you know, leveling out and and
• 57:55
  you view the world correctly as far as I'm concerned.
• 57:58
  And the last thing I have over here and Neil for you is your
• 58:01
  gum Rd. What What do you have over here
• 58:02
  on your gum Road and is it all free or is it all donation based
• 58:08
  it it? It's all free.
• 58:09
  You know what? I create a lot of visuals
• 58:14
  because early on I was giving a lot of presentations about
• 58:17
  Bitcoin and I was doing a terrible job.
• 58:19
  Stuff would not land. Ideas, yeah, just would not
• 58:22
  connect with people. So I realized that to go back,
• 58:25
  do some actual work, get feedback from, you know, Bitcoin
• 58:30
  is on Twitter, I would iterate and I would try to create slides
• 58:33
  that other people could use when they're presenting to friends,
• 58:37
  family, conferences, giving a keynote.
• 58:41
  So they're all arranged by topics, You know, They try to
• 58:45
  cover a different key point. It's all free.
• 58:49
  Put zero in the price field. Download it, share it, steal it.
• 58:56
  Yeah, this is kind of what I hope will be my contribution to
• 59:00
  the Bitcoin cannon. Absolutely love it, dude.
• 59:04
  Well, first and foremost, shout to you.
• 59:06
  Kudos to you. We understand how hard it is to
• 59:09
  be a Bitcoin educator, how tirelessly we work to try to
• 59:13
  spread the signal, and just how we have to constantly iterate on
• 59:18
  our message. Because you realize that you can
• 59:21
  give the person all the logics and all the facts and yet they
• 59:26
  won't fight you tooth and nail. So you have to find creative
• 59:29
  ways to, as we say, when the hearts and minds of the masses
• 59:32
  out there. So you know, keep doubling down,
• 59:35
  really appreciate your work and Neil and is there anything else
• 59:37
  on in the down the road map for you?
• 59:40
  Yes. So I'm launching a course only
• 59:44
  because people have asked me to, you know, same thing with
• 59:48
  writing a book. The only reason I did it was
• 59:51
  because people kept asking. For it to be put in that format.
• 59:56
  So the same thing with the course.
• 59:57
  There are a lot of great free courses out there go for it.
• 1:00:01
  This one is not going to be, I think it's reasonably priced,
• 1:00:05
  but it'll be just for people who want to really condensed high
• 1:00:10
  level coverage of networks and money and how Bitcoin fits into
• 1:00:14
  that. Other than that, thank you
• 1:00:17
  gentlemen for creating a forum like this for other Bitcoin has
• 1:00:20
  to come on. And, you know, discuss ideas.
• 1:00:23
  I think that's really important too.
• 1:00:25
  I see the chat. Is the course going to cost 850
• 1:00:28
  bucks? No.
• 1:00:30
  Yeah, I know that reference. But no.
• 1:00:32
  You know what? It's right now.
• 1:00:34
  I'm hoping to keep it for about 6979 bucks only because.
• 1:00:39
  Did you just say 69? I did.
• 1:00:43
  I did, yeah. So you know, it's the same thing
• 1:00:48
  with, I think people think you got a book out, you must be
• 1:00:50
  rolling it. It's like, no, actually, when I
• 1:00:52
  think about the amount of time I put into it, if, you know, I'm
• 1:00:57
  at a massive loss. But I did it because I needed it
• 1:01:00
  to exist. I wanted it to be there for my
• 1:01:02
  kids. And I think that's what people
• 1:01:06
  have to look at Bitcoin educators with that lens, so.
• 1:01:12
  Love it. OK.
• 1:01:13
  And actually we got one more question in here.
• 1:01:15
  And this could be a whole segment in and of itself.
• 1:01:17
  So just TLDR this, if you can. Someone asks what are some of
• 1:01:21
  these Bitcoin fundamentals? And we talked about them
• 1:01:24
  constantly in mimetic form. I'll do a whole culture on this.
• 1:01:28
  It'll take us. You know, we could be here for
• 1:01:29
  an hour for this, but maybe just in a few sentences.
• 1:01:33
  What are some important Bitcoin fundamentals in you?
• 1:01:35
  Yeah, creative destruction is a good one.
• 1:01:38
  You know, I understand how technology is going to change
• 1:01:42
  existing structures. And again, none of these are
• 1:01:45
  like my ideas, right? I'm just a curator.
• 1:01:48
  I just take ideas of other people, give them credit for it,
• 1:01:51
  and then try to create a lattice work of them.
• 1:01:54
  So, you know, Jeff Booth writes a huge amount about creative
• 1:01:57
  destruction, safety, and writes a lot about opportunity, cost,
• 1:02:02
  time, preference. You know, sailors always going
• 1:02:06
  on about dominant digital networks.
• 1:02:08
  Like each person contributes by connecting the dots between
• 1:02:14
  Bitcoin and the thing they know really well.
• 1:02:17
  So yeah, the book is really just trying to collate all of those
• 1:02:22
  ideas. You know, Pierre, Rashad and
• 1:02:25
  Bitstein, big on savings. Why is that important?
• 1:02:29
  These are the questions you got to ask yourself.
• 1:02:33
  Well, I love it 100%. Well, dude, it's been an honor
• 1:02:37
  to have you on the show and keep doing what you're doing, bro.
• 1:02:40
  Keep fighting the good fight. I know we're fighting in
• 1:02:42
  different trenches, but we're all heading in the right
• 1:02:44
  direction. We all want the same thing.
• 1:02:46
  All right, everybody, let's get to the memes.
• 1:02:48
  Let's do it. The Daily Meme Review.
• 1:02:54
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  Have you? Heard of the new Rex?
• 1:03:22
  All right guys, you already know the deal.
• 1:03:23
  This is the meme review where you guys tag me in memes on
• 1:03:26
  Twitter, either at Simply Bitcoin TV or my personal
• 1:03:30
  account at Optimist Fields and I will bring them on the show or
• 1:03:33
  drop them in our Telegram group. T dot me slash simply Bitcoin
• 1:03:39
  tweet to the bullets memes of the artillery.
• 1:03:41
  As you can tell, we are in information war, and it's upon
• 1:03:45
  us to spread the signal. To incept the ideas of freedom
• 1:03:49
  money into your friends and family's minds and then of
• 1:03:52
  course ridicule the corporate press on their BS.
• 1:03:56
  Anyways, this 1st meme is by the BTC therapist and it goes just
• 1:04:00
  oh wait, hold on, this is therapist.
• 1:04:03
  I love this one, hold on back back story.
• 1:04:06
  I read this meme before I read your tweet, so I'm going to do
• 1:04:09
  it the same way. And we got Kevin Hart here and
• 1:04:11
  he's gambling and he's going and what my financial advisor.
• 1:04:17
  Sees after I tell him I'm 100% in on Bitcoin and it's Kevin
• 1:04:22
  Hart going all in and I in my head, literally I was like, you
• 1:04:26
  got a financial advisor and Bick went there because just.
• 1:04:29
  I don't have a. Financial Advisor This is the
• 1:04:32
  way you are your own financial advisor.
• 1:04:34
  But hey, you know, I know some people want them out there and
• 1:04:37
  he should be telling you to stack sets.
• 1:04:39
  Anyways, this next meme is by Ronan under score 21 million and
• 1:04:42
  he goes. Or 21 M and he goes good morning
• 1:04:45
  clubs. A kind reminder to the
• 1:04:47
  sectarians, and this is from What's that movie thing?
• 1:04:51
  I'm blanking on what the movie is Life of Brian.
• 1:04:54
  Yeah, Life of Brian. Exactly.
• 1:04:55
  And we got a screenshot here, and it's Brian.
• 1:04:59
  And it goes, it puts the Toshi on the top and he goes, will you
• 1:05:02
  please listen, I am not the Messiah.
• 1:05:04
  And then all the bitcoiners out there with laser eyes telling us
• 1:05:08
  and everyone out there, that's a Toshi.
• 1:05:09
  He is the Messiah. He's come to save us.
• 1:05:13
  I like. This one because, you know,
• 1:05:14
  either on the one hand we're a cult member or we are religion.
• 1:05:17
  Either way, we need the religious tax cuts.
• 1:05:20
  Here we go. The next one by the big one
• 1:05:23
  company, AKA at the BTC Co on Twitter.
• 1:05:26
  And it goes, understanding Bitcoin can be a lonely place
• 1:05:29
  sometimes. And you're not alone though
• 1:05:31
  we're all right here with you. And it's just a picture of a
• 1:05:35
  person in an orange hoodie in front of a dark group.
• 1:05:40
  Of masses out there. I only wanted to bring this one
• 1:05:43
  up because I remember when I was the sole delusional bitcoiner in
• 1:05:48
  my community, in my neighborhood with of my friends and IT it was
• 1:05:52
  a little soul crushing to try to have these conversations with
• 1:05:55
  people. But This is why we all
• 1:05:57
  congregate on Twitter. This is why you guys come to
• 1:05:59
  simply Bitcoin. This is why you go to Bitcoin
• 1:06:01
  meetups. This is why I'm sure only.
• 1:06:06
  Your best friends are bitcoiners because it's about being with
• 1:06:10
  like minded individuals that understand how the world works
• 1:06:12
  so that we can all prosper together.
• 1:06:15
  This is a game of prosperity. Stack more sets, stay humble,
• 1:06:19
  build Bitcoin businesses, this is the way anyways.
• 1:06:21
  This next one is a video. I'm not going to play the audio
• 1:06:24
  though and it's by a cipher hoodlum and it goes multi, Sig
• 1:06:28
  explained. And we have three people on a
• 1:06:32
  skateboard, shoulder to shoulder, and they're doing a
• 1:06:34
  kick flip together. This is the way this is
• 1:06:37
  multisig. See this is 1 visuals.
• 1:06:39
  Kind of. I know.
• 1:06:40
  I know. Not really.
• 1:06:41
  Not really, but it's it's a funny, it's a.
• 1:06:43
  Funny, it would be like as if the one dude kicked it and then
• 1:06:48
  the skateboard froze and then the other guy completed the
• 1:06:51
  process and then the other guy landed it be something like
• 1:06:54
  that. OK, all right.
• 1:06:55
  Miko, getting technical on us? Uh, hit Nico up to explain
• 1:06:59
  multisig. OK, this next one is by the
• 1:07:02
  Bitcoin conference. And it goes.
• 1:07:04
  This is why we Bitcoin. And this isn't the first time
• 1:07:06
  I've seen it, but sometimes we got to read.
• 1:07:08
  It if it's and if it's a 2. Of three, one guy could be off
• 1:07:11
  the skateboard. Maybe we got to do a whole multi
• 1:07:15
  thing that's a three of three multi cig and all signing it at
• 1:07:19
  the same time, basically. Wow, you're such a nerd.
• 1:07:22
  All right. Freaking actually my meme.
• 1:07:25
  OK, anyways, we got fiction. Of a man fishing and it goes man
• 1:07:33
  versus the state and you can see the man fishing and he's putting
• 1:07:36
  his fish in his basket and you can see the state or the
• 1:07:40
  bureaucrat in his top hat and he's fishing from your basket.
• 1:07:43
  Literally can't explain it better.
• 1:07:44
  Guys, as we like to say, you know, defund the high level
• 1:07:48
  parasites. From stealing your Well, by
• 1:07:51
  saving in Bitcoin, this is the way we talked about the whole
• 1:07:53
  show and shuts out the Bitcoin conference Twitter account for
• 1:07:57
  reposting this meme. All right, this next one shouts
• 1:08:00
  out the sessions. Because I think he captured the
• 1:08:03
  zeitgeist of everything on Twitter very well.
• 1:08:06
  And we got the classic spider Man meme where everyone's
• 1:08:09
  pointing at each other and it goes, you're an influencer, but
• 1:08:11
  I really like sessions tweet here and he goes, yo dawg, I
• 1:08:14
  heard you like to be influenced. So I want to influence your
• 1:08:16
  opinion on this influencer that is having a bad influence on
• 1:08:19
  people I would rather influence. Super meta meme.
• 1:08:25
  Love it. Sasha.
• 1:08:26
  OK and the last one doubling down on the meme.
• 1:08:28
  We have seed signer here doing the classic Hotline Bling Drake
• 1:08:31
  meme, and he's doing no trusting influences and companies, but
• 1:08:36
  yes, to trusting the math and the protocol.
• 1:08:38
  This is what we're all doing here.
• 1:08:39
  Trust the Bitcoin protocol. Don't trust.
• 1:08:42
  Verify. Run a node.
• 1:08:44
  Take Bitcoin into self custody. You know, experiment with new
• 1:08:48
  tech. Don't.
• 1:08:51
  Outsource your understanding. What's your score?
• 1:08:54
  What's your score, bro? Hold on.
• 1:08:55
  Hold on, man. What?
• 1:08:56
  Just finished. What's your score?
• 1:08:58
  God, I'm trying to finish my. I want to know.
• 1:09:00
  Your score. Is drop your meme review score
• 1:09:02
  on the other side of Nico and we will cover them live.
• 1:09:05
  My meme review score is I don't know if I've given this one, but
• 1:09:09
  maybe I've given another one of these.
• 1:09:11
  I don't know. I have so many of them.
• 1:09:13
  Um, it is an Electro Voice 635, a microphone.
• 1:09:18
  Oh, I. Might have given it.
• 1:09:20
  But these are the old interviewer mics that people
• 1:09:25
  would walk around. Now they just have like the
• 1:09:27
  little Rd. clips. But this is what people used to
• 1:09:29
  use anyways. That is a fucking badass score,
• 1:09:33
  Anil. What would you give those memes?
• 1:09:35
  Let's see. Let's find out.
• 1:09:38
  Let's go. I think we've gone.
• 1:09:43
  I think we went for a sheep. I think I heard a Bah.
• 1:09:45
  Yeah, Bah. OK.
• 1:09:47
  All right. I like that.
• 1:09:48
  That's a great fuck. Pretty strong.
• 1:09:50
  It's pretty strong. Great score.
• 1:09:52
  All right, I would give the memes this sticker, and I think
• 1:09:55
  it's like a Pepe Michelin Man smoking a cigarette.
• 1:09:59
  Boom. All right, Pepe Michelin.
• 1:10:03
  Pepe Michelin man smoking a cigarette.
• 1:10:05
  But so much better before the tobacco ban.
• 1:10:07
  That's but he's. Not a Michelin man, it's a
• 1:10:09
  Michelin Pepe smoking a cigarette.
• 1:10:13
  Boom. All right everybody.
• 1:10:16
  Before we get to the scores, I want to give a shout out to our
• 1:10:18
  merch store. If not, wine will kick my ass.
• 1:10:21
  Guys, check out the new Simply Bitcoin Merch drop.
• 1:10:25
  Get it while supplies last. I'm wearing the classic Simply
• 1:10:28
  Bitcoin Hoodie. You can get yours in any size
• 1:10:31
  you want. We also came out with a simply
• 1:10:33
  Bitcoin shirt. We pay attention to details.
• 1:10:36
  It literally says Bitcoin or slavery in the stitching.
• 1:10:40
  It's made by your friends over at Represent.
• 1:10:42
  Get yourself some simply Bitcoin merch.
• 1:10:45
  All you gotta do is scan the QR code Anyways, Opti, let's get
• 1:10:49
  through some of the scores first.
• 1:10:52
  Score by Be Aware and focus Yellow Plushy fishing for
• 1:10:56
  tadpoles with potato. OK, I like it.
• 1:11:00
  All right, next one by John Pleb.
• 1:11:02
  Score Matthew Mcconaughey's second rule from his five rules
• 1:11:06
  for the For the Rest of your life by There is no second best.
• 1:11:10
  What's the second best? There is no second best.
• 1:11:13
  OK, very good. Very good.
• 1:11:14
  Second score. Third score by opti's mustache
• 1:11:17
  with a big with a big Max. Get sent.
• 1:11:23
  Anil does a grab that opportunity, possibly also
• 1:11:27
  including include grabbing a six year old central banker lady as
• 1:11:30
  your wife. I can't tell if he's on the
• 1:11:33
  grab. Anil doesn't know, so I can't.
• 1:11:37
  Tell if he's trolling me or Anil on that one.
• 1:11:39
  Opti Opti likes dating. Concealing airs.
• 1:11:43
  So. Opti's.
• 1:11:44
  This is more a thing of necessity.
• 1:11:46
  This is this is not an opportunistic thing, not a not a
• 1:11:49
  like thing, OK? Opti's dated a custom Carson's
• 1:11:53
  Janet. Yellen And his latest ex was
• 1:11:56
  Christie Lagarde, which you've got to follow the incentives,
• 1:12:00
  right? Like, don't hate the place this
• 1:12:02
  guy gets right. Yes, 100 percent, 100%, But but
• 1:12:07
  Opti, you're doing it for the culture.
• 1:12:08
  All right. Next one.
• 1:12:10
  Matt Wallet, I don't know what you're talking.
• 1:12:12
  About my meme review score is 69.
• 1:12:14
  All right, I like it. All right.
• 1:12:16
  Next one. We got Kim Gage multi sync for
• 1:12:19
  plebs equals two in the pink one.
• 1:12:23
  What happened to the filter? I didn't read it, sorry.
• 1:12:29
  I just saw multi sync, but let's do this odd score anyways
• 1:12:32
  because this is I'm getting trolled.
• 1:12:34
  God damn it, bro. OK, I'm sorry I didn't with the
• 1:12:38
  Big Max set says alt score in case I get censored.
• 1:12:42
  Opti interviewing Anil for another hour on how to score a
• 1:12:45
  mustache. That's everyone's trolling me
• 1:12:47
  because. I can't grow a mustache, and
• 1:12:50
  apparently you have a nice one. I saw the Meme Factory.
• 1:12:53
  You can grow a thick one. Okay.
• 1:12:55
  Yeah, it was real authentic. I know Yeller likes to hate on
• 1:13:00
  it, but I think that's just coming from insecurity.
• 1:13:08
  All right, next score by Tom Redeye.
• 1:13:10
  I'm giving those memes a pair of 112 tens. 12 tens, 12/1 last
• 1:13:19
  one, one last one. All right, Phil, CI give the
• 1:13:22
  memes hope that everyone could reach .5 Bitcoin.
• 1:13:25
  I love that. I love that that is the correct
• 1:13:28
  answer. All right everybody.
• 1:13:30
  If you enjoy the show, you know what to do.
• 1:13:31
  Smash that like button. Consider subscribing if we if
• 1:13:34
  you feel like we provided you value.
• 1:13:36
  But the number one thing you could do is smash.
• 1:13:38
  I mean, share this content, share all Bitcoin content.
• 1:13:41
  Want to give a very special shout out to my cohost Opti?
• 1:13:45
  I'm Nico, your host. And a very special shout out to
• 1:13:47
  our guest. Anil.
• 1:13:48
  Thank you so much for joining us today on Simply Bitcoin Live.
• 1:13:52
  Why don't you tell everybody where they could find you on the
• 1:13:54
  interwebs? Find me on Twitter X, whatever
• 1:13:58
  it's called. Download my free content on Gum
• 1:14:03
  Rd. Steal it.
• 1:14:04
  Use it to teach your loved ones and the people you care about.
• 1:14:07
  Help them preserve their purchasing power.
• 1:14:09
  Niko, thanks for having me, Opti.
• 1:14:11
  It's been a pleasure. Thank you so much Opti.
• 1:14:13
  You pulled up the wrong caption bro.
• 1:14:15
  Come on now. Come on.
• 1:14:19
  Oh man. Anil, thank you so much for for
• 1:14:21
  for joining us, man. We appreciate it guys.
• 1:14:23
  That was our show. If you want to hang out in the
• 1:14:25
  after party, we're hosting a spend a space with our friends
• 1:14:29
  over at Swan Bitcoin. Best place to build your Bitcoin
• 1:14:31
  stack. You could find us there.
• 1:14:33
  Opti's going to be holding it down until 2:00 PM Eastern
• 1:14:35
  Standard Time, so about another 29 minutes or so, but love you
• 1:14:40
  all, we'll see you tomorrow for a brand new episode of Simple.
• 1:14:55
  Nico, what is going on here? He's he's getting a little
• 1:14:58
  trigger happy with these transitions on today's show.
• 1:15:03
  All right, guys, all right, all right, all right.
• 1:15:07
  You guys already know the deal. This is the simply Bitcoin
• 1:15:09
  spaces. 5 bitcoins, 4 bitcoins. So come up here, add your two
• 1:15:14
  sats to the conversation. Maybe some breaking news happen
• 1:15:19
  on Twitter. Maybe just, you know, we can.