Latest / Simply Bitcoin / Nasdaq Company FOLLOWS Saylor's Bitcoin Strategy | EP 999

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Nasdaq Company FOLLOWS Saylor's Bitcoin Strategy | EP 999 · Simply Bitcoin

• 0:02
  It's. All going to zero against
• 0:05
  Bitcoin. It's going on forever.
• 0:15
  You're against Bitcoin. You're against.
• 0:17
  Freedom that the future of crypto and the future of Bitcoin
• 0:26
  will be made in the USA, not driven overseas.
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  I will support the right to self custody to the nation's 50
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  million crypto holders. I say this with your vote.
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  I will keep Elizabeth Warren and her goons away from your Bitcoin
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  and I will never allow the creation of a central bank
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  digital currency. I will also.
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  Yo, welcome to some of the Bitcoin live, your number one
• 0:56
  source for the peaceful Bitcoin revolution.
• 0:58
  Card breaking news, culture, romantic warfare will be your
• 1:00
  guide through the separation of money and state.
• 1:02
  Wanted to start with the cold opening because I think it was a
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  historic moment. Donald Trump at the Libertarian
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  conference, dropping absolute fire, not only promising that if
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  he gets elected, he'll finally free Ross Albrecht and of
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  course, protecting the rights of Bitcoiners in the United States
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  to take self custody and of course stopping Elizabeth
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  Warren's so-called anti crypto army.
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  So man, it's just, I can't believe it.
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  Like I knew this was gonna happen.
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  I was anticipating it was gonna happen in 2028.
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  But really, I think this the, the hornet's nest got stirred up
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  the moment that they put one of us in a box.
• 1:40
  The samurai privacy developers, it kind of like awoken the
• 1:43
  beast. It awoken the Bitcoin community
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  and you know, I think I think we fought back to say the least and
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  I think this is just the very beginning of it.
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  In other news, it seems like another public company, another
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  NASDAQ public company is following in the steps of micro
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  strategy and they announced that they are putting a Bitcoin on
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  their balance sheet. And I think that's just the
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  beginning of something, something absolutely huge.
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  And of course, whether it's politicians, you know, talking
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  about Bitcoin, saying they're going to protect the rights of
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  bitcoiners or public companies falling in the footsteps of
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  MicroStrategy, they're not doing this out of the goodness of
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  their heart. They're doing this because of
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  the game theory, because of bitcoins incentives.
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  Bitcoins incentives are superior.
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  That's why we're going to win at the end of the day.
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  We also have a very special guest today, someone that I
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  personally look up to, someone that who has accomplished a lot
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  in the new media field. He's currently the president of
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  Bitcoin Magazine and the Bitcoin Conference.
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  Of course, we have Mike Germano on the show.
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  So thank you so much for joining us, man.
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  Appreciate it. I'm I'm so thrilled to be here.
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  My first time on the show. Love it.
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  It's my favorite live Bitcoin show.
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  So so excited to be here. Thanks for the invite.
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  Man, that means so much coming from you.
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  Mike, I appreciate you coming on today, Dude, I started off with
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  that cold opening just because of how how big of a part, you
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  know, Bitcoin magazine has played in in the Trump campaign.
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  And really, you know, well, a lot of people have to understand
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  like Trump isn't saying all the right things just on his own.
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  It's because the right people are in his ear.
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  And I know that you guys have been working a lot behind the
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  scenes to make this happen. And I just want to emphasize the
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  fact that he said Bitcoin, right?
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  He, he differentiated between Bitcoin and crypto in that
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  video, in that speech. And I think that's a huge deal.
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  And it's almost as if someone was telling him the right
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  things. You know, hey, this is Donald
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  Trump. He knows exactly what he's
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  doing, You know, and I don't think we want to say that
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  anyone's been in his ear. But I will say that we're
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  fortunate that because of our conference, because of our
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  magazine, we get the opportunity to talk to a lot of people in
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  the field that are interested about it.
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  And we spend a lot of time trying to orange pill everybody
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  we can, whoever they are. And we're lucky that the Trump
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  administration, sorry, the Trump campaign was excited to talk to
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  us about it. And David Bailey, I mean, you
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  can see what he's saying on Twitter drives me crazy half the
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  time. I'm like, shush, we got to move,
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  you know, in, in, you know, in silence.
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  But but you know, David's out there and and telling everybody
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  and getting excited about it, which is, is, is good for is, is
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  good for us. And we are obviously always
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  pushing the Bitcoin narrative. I mean, first you hear Trump say
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  he's not going to let CBD CS happen.
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  And then, you know, free Ross. You know, just to think about
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  how many hundreds of hours have gone into and how many things
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  have had to move into, come into position to allow us to even
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  get, you know, the current front run for president of the US to
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  to not acknowledge that, but say he's going to do that on day
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  one. I mean, these are these are huge
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  things that every kind of bitcoiner really gets excited
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  about. And you know, we feel very
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  privileged that we have an opportunity to to talk to all
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  these people and help make it happen.
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  Well, you guys are doing an incredible job and and it's just
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  such a huge demographic. You know, I think someone ran
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  the numbers the other day. It's like 50 million people that
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  feel so passionate about this. And another thing that I want to
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  comment is that we didn't make this a partisan issue.
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  This was never a partisan issue for us.
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  But the moment that they started persecuting us, going after the
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  industry, you know, it it, it became a little bit personal,
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  right? So, but we didn't do that.
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  We didn't do that. I don't think bitcoiners want to
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  make it a partisan issue. I mean, I think one of our
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  issues we had in print was we called it the Orange Party where
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  I'm a single issue voter, right? I, I was very politically
• 5:30
  active. I was actually unfortunately got
• 5:32
  elected to public office when I was younger.
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  So I only served one term until I got kicked out of office for
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  putting GPS and all the public works cars, but, you know, and
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  trying to hold the town accountable financially.
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  But, you know, so I knew, I knew politics and this wasn't a
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  political issue. This is a, you know, a single
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  issue vote. We're the Orange Party, you
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  know, we're not supposed to be Republican or supposed to be
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  Democrat. I know a lot of people don't
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  don't get excited about that, but but really what we're seeing
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  is I think we didn't realize under Trump's last
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  administration that he didn't really get that involved in
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  crypto and Bitcoin. And now we're seeing what
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  Biden's administration is willing to do.
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  And you know, when we had RFK and then once again, we have to
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  give a tremendous amount of credit to RFK who went, you
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  know, his first campaign stop, I think was our conference last
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  year. And when he spoke about Bitcoin,
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  I mean, and once again, those were his words.
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  He did his own research. He knew the fight, You know,
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  what was important about, you know, financial independence.
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  It really started getting the ball rolling for how serious
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  was. And once again, if Biden has his
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  little goon army, his Elizabeth Warren goon army, that they they
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  want to go against crypto. It's not just about Bitcoiners
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  supporting Donald Trump. It's about showing all the
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  political parties that if you go against Bitcoiners, this is a
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  block of people you don't want to go against, right.
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  And I think that's really, look, I know never trust a politician
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  in their actions. You know, they have to actually
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  fall through with things. But but what's most important,
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  we need to show the rest of the political community that this is
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  not a group to go after. And if we're a single issue
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  voter and we count for, you know, even if it's a couple
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  100,000 votes in the right state, you know that that's
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  going to that's going to choose the next president.
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  So I have no problem with us hanging our hat on the candidate
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  who wants to support Bitcoin. And if worse comes to worse,
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  everyone's going to say, Oh yeah, bit quarters are the ones
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  who elected Trump. Like, yeah, bit quarters are
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  that important that they help select the next president.
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  I'm willing, I'm willing to take that.
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  I'm willing to wear that fried. Absolutely 100% I also want to
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  introduce my Co host for today Opti couldn't make it, but we
• 7:22
  have the creator of simply Bitcoin are with us joining us.
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  We got simply bitcoins. Crazy in house.
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  Libertarian anarcho capitalist rustin in the house.
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  How you doing bro? Hey, I'll hold on to the anarcho
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  capitalist, but let's hold that libertarian banner for a little
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  bit. I'm, I'm repping Team Orange, my
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  friend. OK, I have defected completely
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  to Team Orange. And what I wanted to say this is
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  I'm looking at the comments, you crazy sons of bitches memed
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  orange man loving orange coin into reality.
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  What the hell is going on? The the the former president,
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  possibly to be president, went on into a lion's den of lunatics
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  and said orange coin's good. He called Elizabeth Warren a
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  goon. My cup has runneth over.
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  We are in in insane times, my friend.
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  I, I saw someone commented on a tweet this morning rusting like
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  I, I was thinking this is like 810 years in the future, like a
• 8:24
  cycle or two down the road. Me and Nico talked about this,
• 8:27
  but we're going to get into some news soon that looks like hyper
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  bitcoinization could be on America's doorstep.
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  It's knocking it. You get a letter in.
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  Let's go, baby. Let's go.
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  Oh, and we got a. The Orange Party issue, that's
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  what it's all about, man. Not Republican, Democrat.
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  The Orange Party. The Orange Party.
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  And there's an article in there written by Naimbu Kelly called
• 8:48
  Don't Drink the Elite's Kool-aid.
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  And one of the lines that really stuck with me as a content
• 8:54
  creator, as someone who's in media, is that their most
• 8:57
  important weapon is their control on truth.
• 8:59
  And we're slowly starting to break that with the power of the
• 9:03
  Internet. Mass scale, peer-to-peer
• 9:05
  communications, right? It's able, we're able to
• 9:07
  communicate directly to you, circumventing the gatekeepers of
• 9:11
  information. And it's a very, very powerful
• 9:14
  tool. But man, this is all happening a
• 9:17
  lot faster than I anticipated. You know, the historic Bitcoin
• 9:22
  conference 2021, first time I was in mainstage, it was
• 9:24
  absolutely crazy. We had Naimbu Kelly on stage,
• 9:28
  Naimbu Kelly playing a video basically saying that he's going
• 9:30
  to make Bitcoin legal tender in El Salvador.
• 9:34
  Man, I, I think, I think things are going to get even more
• 9:37
  exciting. And I can't wait to to, you
• 9:40
  know, to hear what's going to happen.
• 9:42
  Anyways guys, there's already almost 600 of you guys watching
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  live view. You guys are enjoying the show
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  so far. Smash the like button really
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  8.25%. In the grand scheme of things we
• 13:49
  are just getting started anyways, kind of like this is a
• 13:52
  developing story. So I I want to talk about this
• 13:54
  today. I also want to take advantage of
• 13:56
  the fact that we have Mike Germano to comment on this, but
• 14:00
  kind of connecting this with the cold opening that we that we
• 14:03
  played for you guys in the beginning in regards to Trump
• 14:06
  making those block those huge announcements at the Libertarian
• 14:09
  conference. Here's David Bailey.
• 14:11
  Trump is going to pick up millions of new voters because
• 14:14
  of his because of his Bitcoin and crypto views.
• 14:17
  Biden admin is freaking out and attempting to pivot.
• 14:20
  If they were sincere at all, they would commute Ross Albert's
• 14:22
  sentence tomorrow. They won't though.
• 14:24
  This tells you all you need to know.
• 14:25
  I think the key here is the millions of new voters, right?
• 14:29
  There's a lot of people that feel like Russ and feels like
• 14:32
  Mike feels like I feel we are single issue voters.
• 14:35
  We, we really love Bitcoin. We believe in the concept that
• 14:39
  fix the money, fix the world. So I mean, like, it's not really
• 14:43
  about red versus blue, left versus right, conservative
• 14:46
  versus liberal. It's the party of orange versus
• 14:48
  the party of Fiat, the party of green.
• 14:50
  That's really what it's all about anyways.
• 14:53
  Also, this is making the rounds. You have Michael Saylor saying
• 14:56
  nothing is more powerful than an idea whose time has come.
• 14:59
  And of course, he's quote tweeting the clip of of Sailor
• 15:02
  talking about Bitcoin at the Libertarian conference.
• 15:05
  David Bailey says there is no second place.
• 15:07
  And I think the thing that I really want to talk about,
• 15:08
  really wanted to focus on is this right here.
• 15:11
  Trump inquired if Bitcoin could aid in solving the $35 trillion
• 15:16
  U.S. National debt problem.
• 15:18
  I mean, bro, that's pretty huge. I want to get Mike's thoughts on
• 15:21
  this. According to the article, David
• 15:22
  Bailey, CEO of Bitcoin Magazine, apparently also an aid.
• 15:27
  And I, I, I don't, I want to ask you about that, Mike.
• 15:30
  An aid to the Trump campaign revealed that the former
• 15:32
  president asked if Bitcoin could be leveraged to solve the US
• 15:35
  national debt problem during an X space on Sunday night.
• 15:38
  Bailey revealed that the first time he met Trump, he asked if
• 15:41
  Bitcoin could do anything about the $35 trillion debt.
• 15:45
  I mean, Mike, the, the way that I see this is I, I think that
• 15:50
  we're seeing Bitcoin really enter the political sphere.
• 15:54
  Like the fact that that was even brought up, that was even talked
• 15:57
  about is absolutely massive. I'll give you, I'll give you
• 16:01
  guys a little bit of Inside Baseball.
• 16:03
  Mike had to reschedule last week.
• 16:05
  And there is a reason for that. I literally had to hold it in.
• 16:09
  I had to hold it in 'cause I knew this was gummy, but I had
• 16:11
  no idea he was going to go bananas at the Libertarian
• 16:15
  Conference. Ruston was losing it completely
• 16:19
  because Trump was dropping those bombs, man.
• 16:22
  So. And and like I told you after
• 16:25
  that, there have been some stuff out there, but there's an
• 16:27
  account called Being a Libertarian.
• 16:29
  They ran a poll and 80% of the people on that poll, mostly
• 16:35
  libertarian, went orange man. So I think that's a sign of the
• 16:39
  effect that he had at the conference directly.
• 16:42
  But yeah. Mike, could you what's going on
• 16:46
  here, brother? What what's your, I mean, and
• 16:48
  let me give a little bit of context to the audience, guys.
• 16:51
  Mike is very has tremendous experience in the media
• 16:56
  landscape, right? You've definitely lived through
• 16:58
  some things, you've seen some things.
• 17:01
  So you're coming from a place of, of experience, right?
• 17:05
  How, How crazy is this moment in history that we're living
• 17:08
  through right now? Well, I appreciate that.
• 17:13
  One of the things about being in the traditional media space and
• 17:15
  you know, I've, I've worked and helped tons of media companies
• 17:18
  and, and when I fell in love with actually Bitcoin, I try to
• 17:23
  buy Bitcoin magazine when we were over at Vice and luckily
• 17:26
  David didn't sell to us, but you know, always had a big
• 17:28
  relationship. I'm like, you have such a great
• 17:30
  asset. This is such a, this is the
• 17:31
  archive of Bitcoin, which I think is going to be the most
• 17:33
  important, you know, I, I, I would say the most important
• 17:38
  thing of, of my generation, We have the archive of it at
• 17:40
  Bitcoin magazine, you know, start in 2012.
• 17:42
  This is a huge opportunity. How do we build off of it?
• 17:46
  And once again, when I came to join the company, I just came
• 17:48
  here to originally just reprint the print magazine and have fun
• 17:51
  and live a retired life. But I got sucked in because
• 17:54
  Bitcoin is not only the peaceful revolution, but it combines all
• 17:57
  the things I truly love. You know, the political, the
• 17:59
  political side of it, the money side of it, the, the tech side
• 18:02
  of it, and really the freedom side of it.
• 18:04
  And freedom of speech is always important.
• 18:05
  I watch traditional news really go downhill and lose trust by
• 18:09
  all their viewers. And if you're looking at what's
• 18:11
  happening, I think that plays into what Trump was able to do
• 18:15
  because Trump is the biggest foe to traditional media.
• 18:18
  They hate having to cover him. We've dealt with this.
• 18:20
  You know, if you look at our conference, we got tons of
• 18:23
  exposure in 21, but in 23, when we said we wouldn't have RFK,
• 18:27
  traditional media got really nervous to give that man a
• 18:29
  platform at all. And we're going to experience
• 18:31
  the same thing with, you know, Trump bring up Bitcoin.
• 18:34
  It's finally where the media can't stop people from listening
• 18:39
  to Trump. They try.
• 18:40
  He just had a Bronx rally and all of a sudden they're like,
• 18:43
  no, no one's there. Don't look, don't look at the
• 18:45
  man behind the curtain. But Bitcoiners are great at
• 18:47
  getting that message out there. And, and part of that is because
• 18:50
  we were lucky that Dorsey at Twitter liked Bitcoin and was
• 18:53
  willing to give it a shot where the other platforms, you know,
• 18:57
  really restricted what was being said with with Bitcoin.
• 18:59
  So it's kind of if you think of all the steps that have gotten
• 19:02
  there in media to allow for the current front run of the
• 19:04
  president to to bring up, I'm going to support Bitcoin.
• 19:08
  You're right to have, you know, you're right to have that.
• 19:11
  Let's not have a CBDC the most you know, and you would think
• 19:14
  Trump would be someone who'd be really pushing for that.
• 19:16
  Well, well, well, he's not. But then bringing up it, bring
• 19:19
  this up at a libertarian conference, which he's not a
• 19:23
  libertarian, but he's going into quote the enemy to say, Hey, I
• 19:26
  want your vote, you know, please vote for me.
• 19:29
  And I think Bitcoin's a huge part of it.
• 19:31
  The thing that you that you all, you know, should, should care
• 19:33
  about because if you listen to the whole presentation, people
• 19:35
  are booing him. They were clapping for him.
• 19:36
  They were going back and forth. But when he brought Ross, when
• 19:38
  he brought Bitcoin, the place erupted.
• 19:40
  So the only time he had a 100%, like everyone was behind it,
• 19:43
  were on those issues. And that's kind of, there's two
• 19:46
  parts here. A lot of bitcoins sometimes get
• 19:48
  mad and say, why are we supporting this?
• 19:50
  We're not, but we're showing this candidate what's possible
• 19:53
  and and what's possible if you support Bitcoin is look at this
• 19:57
  base, look at these people who care about.
• 19:58
  So I really find it important when Bitcoin or show off, you
• 20:01
  know, that they're excited about the support and then to hold
• 20:03
  them accountable because now once again, if he gets elected,
• 20:06
  he's going to have to do what he says.
• 20:08
  And when I look at all the politicians, they all say a lot.
• 20:10
  They all say a lot, but he's one that's shown time again that he
• 20:13
  has he's won't take those kind of what everyone else thinks are
• 20:17
  radical stance. And, you know, you bring up
• 20:19
  David Bailey, our CEO of our company, you know, real, you
• 20:23
  know, visionary and firecracker and leader, you know, in the
• 20:26
  space. And he utilizes the magazine
• 20:29
  conference as a way to really promote Bitcoin.
• 20:31
  You know, him and Trump have had meetings, you know, they've,
• 20:33
  they've been able to discuss this.
• 20:35
  I think that that that David's alluded to it.
• 20:38
  But the truth is, you know, the difference is Trump knows what
• 20:41
  he's talking about. He hears about this.
• 20:43
  And some people might show, well, Trump first said it was a
• 20:45
  scam. Well, how many of you, when you
• 20:47
  first heard about Bitcoin, thought it was a scam?
• 20:49
  Now, it was much earlier on. But, you know, once again, this
• 20:52
  is someone who's picking up on it, understanding.
• 20:54
  One things that Trump has always done well is he reads the tea
• 20:57
  leaves. He knows what the community is
• 20:58
  asking for and looking for. And, you know, he's able to, I
• 21:01
  think, know when to pivot. What especially what's important
• 21:05
  is it's not just Trump saying this now, this now is going to
• 21:08
  become part of the Republican platform.
• 21:11
  So it's not, you know, this Trump is a unique vessel that
• 21:13
  once again is willing to not do the traditional thing
• 21:16
  politically. Now all of a sudden he's willing
• 21:18
  to have a pro Bitcoin stance. Does this now get cemented into
• 21:22
  the Republican platform? Is it harder for the next
• 21:24
  candidate to run opposing this? And finally, the most important
• 21:28
  thing with this is, you know, it's not just about the
• 21:31
  politician, it's about the people that maybe follow the
• 21:35
  campaign that could become future Bitcoiners.
• 21:36
  How many people came on board of Bitcoin because of Ron Paul?
• 21:39
  You believed in Ron Paul. You heard what he had to say,
• 21:41
  you listened, you educate yourself and there was fellow
• 21:44
  Bitcoiners there. Well, let me tell you something.
• 21:46
  There's more people voting for Donald Trump than hold Bitcoin
• 21:49
  in the United States. So this is a huge opportunity
• 21:52
  for us to on board, you know, the next generation of people
• 21:55
  care about it. So that's something I think
• 21:57
  we're really excited about that if, if it's our job to orange
• 22:01
  pill as many people as we can and show people about Bitcoin.
• 22:04
  You know, it's, it's funny that we're, I think using Donald
• 22:07
  Trump more than Donald Trump is using US. 100% I think it's also
• 22:10
  a testament to the strength of our movement.
• 22:13
  But before I pass it on to Rustin, we had a super chat.
• 22:16
  Marin, appreciate the €50 man. Thank you so much.
• 22:20
  Appreciate you supporting the show, Rustin.
• 22:21
  I'm gonna pass it on to you, man.
• 22:23
  So you went through this conversion, right?
• 22:25
  You know, we call Rustin the in house libertarian anarcho
• 22:29
  capitalist. That's simply Bitcoin.
• 22:31
  But you corrected me in the beginning.
• 22:32
  You said, Nico, you know, I've converted man.
• 22:35
  I've seen the light. And I think that's just because
• 22:38
  like, look like, like guys like the the battle at hand, people
• 22:42
  have to fundamentally understand this.
• 22:44
  It's not liberal versus conservative.
• 22:46
  It's not left versus right. It's really are you for CBDCS?
• 22:51
  Are you for Bitcoin? Are you anti CBDCS?
• 22:54
  Are you pro Bitcoin? Like that's really are you.
• 22:57
  That's really the fight at hand here.
• 22:59
  That's really what what I'm looking at personally.
• 23:02
  ANYWAYS, Rustin, what's your take on this, what Germano had
• 23:05
  to say and just man this event on a historical sense?
• 23:08
  Yeah, it was massive. So I see a lot of comments out
• 23:11
  there. Yeah, some people were booing,
• 23:13
  but those were the delegates. And go ahead and look at who
• 23:16
  those people selected to represent their party.
• 23:19
  And you tell me if those people are based.
• 23:22
  You tell me if those people care about winning or pushing freedom
• 23:26
  and individual liberty forward. No, that was a sham.
• 23:30
  That was an absolute sham. And then and I saw someone else
• 23:33
  commenting, yes, RFK was an amazing option.
• 23:37
  And guess what? The Florida delegation nominated
• 23:40
  him. And guess what they did?
• 23:42
  They didn't nominate him. He even phoned in to accept it.
• 23:46
  So that tells you these people are not concerned with winning
• 23:49
  or moving. They're just Larping any of
• 23:52
  these people spreading the mess, Ron Paul's message and not
• 23:58
  supporting Bitcoin and those things get out.
• 24:01
  I have no time for that. And what we need to do is, yes,
• 24:05
  I was looking through that lens of like libertarian, right?
• 24:09
  Looking through that lens 1st instead of the orange lens
• 24:12
  first. Put that lens 1st and it'll
• 24:15
  it'll start to reshape things. You think about how do we move
• 24:18
  this thing forward, get it to the most people?
• 24:21
  How do we hyper bitcoinize America?
• 24:23
  How do we make sure this thing is available to more people?
• 24:26
  Because what happens in America a lot of times sets the standard
• 24:29
  the rest of the world over. And do you think the current
• 24:33
  regime is talking about putting using Bitcoin to stifle the
• 24:38
  debt? Their MMT people say debt
• 24:41
  doesn't matter. They want to print more at the
• 24:44
  same account. This is why libertarians a lot
• 24:46
  of time were bullying that final year was a disaster. 7 trillion
• 24:51
  printed. We know about that regime that
• 24:54
  took over. We want that to be fixed.
• 24:56
  We don't want establishment people in this cabinet.
• 24:59
  We want to make sure freedom minded people.
• 25:02
  But if you look at the who's available and you say who has
• 25:06
  the I was a political science major.
• 25:08
  This is my kind of shit. All right, I love this stuff.
• 25:11
  Who is able to build a freedom coalition and possibly a two to
• 25:17
  three term hyper bitcoinization cycle here?
• 25:21
  Because if you look who's probably the most popular person
• 25:23
  under him that educated him on CBD CS that is pushing him in
• 25:28
  this direction that stole the show at the libertarian
• 25:31
  convention with Clint Russell, the real based freedom orange
• 25:36
  coin libertarians. Yeah, there's a there's a big
• 25:40
  swell happening right here. And the free Ross, it stole the
• 25:43
  show, dude. You got Tim, you got Luke
• 25:46
  Grudkowski, you got Clint Russell, Josh Smith, all these
• 25:49
  Shane Hazel. Like that's that tells me Donald
• 25:54
  Trump was the one who won that. And Nico would tell you, I
• 25:58
  always would trash Trump because, well, he he had Mnuchin
• 26:03
  in his treasury. He printed trillions of dollars
• 26:06
  and he said Bitcoin was a scam, but eventually, as we've said
• 26:10
  time and time again, bitcoins game theory freedom brings
• 26:13
  people together. It it it's this virus that will
• 26:16
  never be stopped or contained. It was unleashed in 2008 and he
• 26:21
  it's culminating right now and it it's 1516 years of work that
• 26:26
  have brought this here and this is a massive moment to push this
• 26:30
  thing forward. So we gotta sees it.
• 26:32
  That's what I would like to do A. 100% all right guys we're at
• 26:35
  900 live viewers between YouTube Rumble and X.
• 26:38
  If you guys are enjoying the show, make sure to smash that
• 26:40
  like button guys again, historical moment.
• 26:44
  The Overton window didn't shift it absolutely exploded.
• 26:48
  Here's a live view of that everybody.
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  All right, everybody, let's check out the news.
• 28:18
  The Daily News. I want to give a shout out to
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  So here at Simply Bitcoin, not only do we keep you up to date
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  with the news, but we want you to have a good relationship with
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  your grandchildren. So one of the ways that you do
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  devices Scan the QR code or check the link in the video
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  description. All right, I do want to get to
• 29:56
  today's news kind of like, I don't know, it's like a historic
• 30:01
  moment. It's a new term was also
• 30:04
  invented by Michael Saylor. Apparently 1,000,000 Bitcoin is
• 30:08
  called an is called one Nakamoto.
• 30:10
  I think that's pretty cool. But anyways, here's the news.
• 30:13
  Bitcoin extra Bitcoin ETFs have reached a significant milestone,
• 30:16
  holding over 1,000,000 Bitcoin valued at approximately $68
• 30:20
  billion, which accounts for more than 5% of the circulating
• 30:23
  supply. The largest holders are
• 30:25
  Grayscale's Bitcoin Trust and Black Rocks Trust as well The
• 30:29
  this development reflects the growing mainstream acceptance of
• 30:33
  cryptocurrencies and the increasing demand for regulated
• 30:36
  investment vehicles in the digital space.
• 30:39
  Here's a kind of a quick update from Bitcoin Treasuries.
• 30:43
  Apparently the Grayscale ETF now holds 289,000 Bitcoin, the Black
• 30:49
  Rock ETF holds 287,000, Fidelity holds 161,000, the Arkan Vest
• 30:55
  48,000, Bitwise 36,000, and so on and so on.
• 31:00
  So I mean, that's a lot of Bitcoin, but just to give you
• 31:02
  guys a little bit of context before we move on to the next
• 31:05
  part of the news. Compared to the individual
• 31:07
  holders, it's estimated the individual holders are holding
• 31:10
  about 11,000,000 bitcoins. So in the grand scheme of
• 31:13
  things, it still seems like the individuals are holding the vast
• 31:16
  majority of the supply. And that was on purpose, like
• 31:19
  Bitcoin was a grassroots type of thing.
• 31:22
  Satoshi, you know, emailed an e-mail list.
• 31:24
  Initially it was, you know, crazy cypherpunks and people
• 31:29
  like for us and really dislike the government initially that
• 31:32
  adopted Bitcoin. Satoshi didn't call Goldman
• 31:35
  Sachs and JP Morgan and, you know, try to give him a, you
• 31:39
  know, a special deal on the early Bitcoin.
• 31:41
  Not that they would have bought some anyhow.
• 31:43
  It was. Just individuals that really
• 31:45
  believed in it back in the day, they were swing trading off
• 31:47
  Max's comments. Remember that that I.
• 31:50
  Don't remember that like. 2013 I'll I'll find it somewhere.
• 31:53
  But I mean, look, so I'll pass it on to you, Germano.
• 31:56
  Like, what's your take on this? A million Bitcoin by the ETFs.
• 31:59
  I think this is no, I know this is the most, this is the most
• 32:02
  successful ETF in history. The launch that of course the
• 32:06
  government did not want to happen.
• 32:08
  Gary Genzer completely dropped the ball on the launch.
• 32:11
  Their only job, the SEC is to stop market manipulation.
• 32:15
  And they ended up manipulating the market with that initial
• 32:18
  tweet and then they walked it back and you saw the price go up
• 32:20
  and down, people getting wrecked.
• 32:23
  So what's your take on this man? Look, it's something that I
• 32:27
  think every true bitcoiner hates the fact that there's an ETF.
• 32:30
  We all want to say we don't want this.
• 32:35
  You know, I, I made my stance, I think on it pretty public, but
• 32:39
  it not only is it here to stay, we knew it was going to take
• 32:42
  over when it happened. And it's just kind of it's an on
• 32:44
  ramp for everyone else. And what I'm really hoping that
• 32:47
  this all does is this needs to be the Trojan horse to get
• 32:50
  people to realize that they should be taking self custody,
• 32:53
  right? And I think we all get worried
• 32:54
  that oh, the ETF is going to, you know, take all these
• 32:57
  bitcoiners and make them just go in the, you know, the ETF route
• 32:59
  and never hold on to their own bit.
• 33:00
  And they get afraid. And I'm looking at the opposite.
• 33:03
  I'm looking at them buying Bitcoin as an ETF.
• 33:06
  Then they have to be able to back up their opinion why
• 33:09
  they're doing it. Maybe they do some more
• 33:10
  research, you know, number go up still on an ETF as it is on
• 33:14
  Bitcoin. But I when I look at Bitcoin
• 33:17
  magazine, when I look at the content that we have going out
• 33:19
  there, I look at the ETF as the beautiful Trojan horse.
• 33:22
  And I'm going to start to get all these people to start
• 33:24
  becoming their own bitcoiners and, you know, take custody,
• 33:27
  take their own custody of Bitcoin.
• 33:29
  Then, you know, slowly realize why do I even have this Charles
• 33:31
  Schwab account or why do I have these other accounts?
• 33:33
  I could just be taking custody in this because I don't, you
• 33:35
  know, I don't want to. I don't want to put all my faith
• 33:38
  in this bank and then and then BlackRock.
• 33:41
  Yeah, 100% and I, I, I agree with you man.
• 33:44
  And it it's, you know, we have the saying in Bitcoin, right?
• 33:48
  Bitcoin is the money of enemies. You're like, you can't, you're
• 33:52
  going to have to be OK with Larry Fink holding some Bitcoin
• 33:55
  as well and some people that you might not particularly like,
• 33:59
  right? That's what it's all about.
• 34:01
  Hey, I think. BlackRock came to us.
• 34:03
  BlackRock came to us to advertise a Bitcoin magazine and
• 34:06
  we said we went through what we would do if they want to do
• 34:09
  that. And we said, and I, I used
• 34:11
  ChatGPT and I showed what does BlackRock think of Bitcoin?
• 34:14
  And I pulled it up. I was like, it's for criminals.
• 34:16
  It sucks. Like I just went through
• 34:17
  everything it said and then finally was like, wow, it's an
• 34:19
  interesting asset we should look at.
• 34:20
  And now it's like, of course Bitcoin is the future.
• 34:22
  And so I'm like, look, just I this is what ChatGPT thinks,
• 34:25
  right? And I don't think they really
• 34:27
  found that funny. But you know, I went through
• 34:29
  saying, Hey, don't ask what you know Bitcoin can do for you.
• 34:33
  No one's, I'm not excited about what you're doing for Bitcoin.
• 34:35
  You know, what, what, what are you really at?
• 34:38
  What are you as a company doing for Bitcoin?
• 34:41
  And I really think there needs to be a ton more pressure on
• 34:43
  these companies for what they should do.
• 34:44
  Now. I keep pushing.
• 34:46
  I want to create the, you know, BSG score, you know, the
• 34:48
  Bitcoin, you know, making fun of a little bit of black rocks ESG
• 34:51
  score. But like, BlackRock would be the
• 34:53
  absolute lowest. I mean, they've done absolutely
• 34:55
  nothing for Bitcoin, right? And that needs to be exposed.
• 34:58
  And I just want to make sure that, you know, in the future,
• 35:01
  it's tough because why did you know BlackRock had a much bigger
• 35:04
  base that they could go out and get their get their buyers going
• 35:07
  more than maybe some of our smaller ETFs where we knew these
• 35:10
  people have contributed to the Bitcoin Bitcoin community in
• 35:14
  some way, shape or form, whether that's Bitcoin developers or or
• 35:17
  Bitcoin community in general. And I think that there needs to
• 35:19
  be some more pressure put on these other companies that, you
• 35:22
  know, I hate the fact that they're getting a percentage,
• 35:24
  you know, they're making money off of this.
• 35:26
  But the the reality is it's that that that percentage is because
• 35:30
  they've now on boarded a bunch of, you know, the Oklahoma, you
• 35:32
  know, retirement fund and you know, some other, you know, some
• 35:35
  random union around the world that they have all these media,
• 35:37
  you know, people thinking that now, you know, BlackRock and the
• 35:40
  companies are putting their name on Bitcoin, saying, Hey, this is
• 35:43
  a safe asset to invest in. It's a it's almost they're the
• 35:45
  marketing, you know, they're the marketing campaign to all the
• 35:48
  regular normies that hey, Bitcoin safe.
• 35:50
  Because you know what, they can't say it, it's bad anymore,
• 35:53
  right, That they now lost that argument, right?
• 35:55
  So now the banks can't go back. And the one that did Vanguard
• 35:57
  look. The CEO resigned.
• 36:01
  Yeah, that's that's not a coincidence.
• 36:03
  Oh, man, no, but I 100% agree. Look, when you have like, and I
• 36:07
  remember that I remember that Germano, like you had Larry Fink
• 36:13
  going on and saying that Bitcoin is an index of money laundering.
• 36:16
  You know, five years later, he's on, you know, legacy financial
• 36:20
  media and like saying like, look like Bitcoin can help people in
• 36:23
  developing countries solve themselves some currency
• 36:26
  debasement, like, you know, that that's what winning looks like.
• 36:29
  Rustin, what's your take on this before we move on?
• 36:32
  Man, I think it is very interesting when we get into
• 36:36
  BlackRock here like Mike was talking about.
• 36:39
  I was wondering about this when in your early conversations,
• 36:42
  because when their first prospectus came out, they wanted
• 36:46
  in kind redemptions and it was Gary that shot that down and he
• 36:50
  said on these first line of clearings.
• 36:53
  But then we have Hong Kong come out and they have in kind
• 36:56
  redemptions. And again, I see that like the
• 37:00
  possibly what we'll probably have is the the pressure from
• 37:04
  the public as they had to get the ETFs out will also pressure
• 37:09
  BlackRock for in kind redemptions.
• 37:11
  But maybe that's part of their stair, stair step process that
• 37:14
  they're trying to build as well. What I didn't know if you had
• 37:18
  talks with them on that or do they down the line see that
• 37:21
  coming as a in kind redemptions and just that's probably when
• 37:26
  that comes, that's when we're talking medium of exchange on a
• 37:29
  much, much larger scale. Yeah, I think Mark Gwen, you've
• 37:34
  had on the show a couple times, you know, I think he went into
• 37:36
  the, you know, tokenizing of everything.
• 37:38
  He had a great article on what BlackRock is doing or how
• 37:40
  they're looking at this space. I don't think they'll, I don't
• 37:43
  think they'll ever do redemptions.
• 37:44
  I think that they are just going to try to, you know, turn the
• 37:47
  whole world into an ETF. So I don't trust BlackRock at
• 37:51
  all. I don't think I, I, I ever will.
• 37:53
  But, you know, the enemy of your enemy is your friend.
• 37:55
  And somehow BlackRock became a, a friend to me or something.
• 37:59
  But you know, it's going to be, it's going to be interesting to
• 38:01
  see. Are you, are you hitting on that
• 38:03
  they're going to weaponize that cash redemption model because
• 38:07
  that means that they constantly accumulate, right?
• 38:10
  And then that is your state that that is US Bitcoin.
• 38:15
  Look, I think that they weaponize everything.
• 38:17
  That's what they're that's what their proof of work has shown
• 38:19
  that BlackRock weaponize everything.
• 38:21
  It's look, I'm an Italian American, I come from a land
• 38:24
  where someone is you have to pay someone off a little bit to make
• 38:26
  sure that you know, you have certain protection.
• 38:28
  And I think that's what BlackRock has become to the
• 38:30
  Bitcoin community. It's like we're unfortunately
• 38:31
  having to pay them off a little bit, but they're the ones that
• 38:34
  have their little octopus, you know, hands into every part of
• 38:36
  every government, everything else like that.
• 38:38
  And the difference is they're now financially incentivized to
• 38:41
  make sure that Bitcoin does well, not hurt it.
• 38:43
  And that isn't the unfortunate truth when it comes to someone,
• 38:46
  you know, something like that. No one should cheer for
• 38:47
  BlackRock. No one should be excited about
• 38:49
  it. Don't tell your grandma to put
• 38:51
  her ETF into Black Rock, have it put into a different company.
• 38:53
  But once again, now we have a pretty big bully on the block
• 38:56
  that's now really supportive of the thing we care about most.
• 38:59
  100 percent, 100%. I mean, I think it was American
• 39:02
  Huddle that said that, right? It's like no one's better than
• 39:05
  their incentives. And right now Blackrock's
• 39:09
  incentives kind of align sort of definitely have to keep one eye
• 39:14
  open figuratively. Anyways, I, I do want to, I do
• 39:19
  want to address today's topic, which was the huge news, but I
• 39:22
  want to give a little bit of context as to why this is
• 39:24
  happening. So of course we know Michael, we
• 39:26
  know Michael Saylor, his stock is completely, you know,
• 39:30
  completely going bananas, outperforming everything.
• 39:34
  You know, he did the, the little flex and not the little flex, a
• 39:37
  massive flex when he was, he had a, a shareholders meeting or, or
• 39:41
  conference or whatever it was. And it was just a live stream.
• 39:43
  And I never forget it was Michael Saylor and he was just
• 39:46
  talking and whoever was running the stream tried to put this
• 39:51
  graphic down. They tried to pull it off like,
• 39:53
  and to, to make Michael Saylor full screen.
• 39:55
  He was like, no, no, no, no, leave it up.
• 39:57
  And I think he did that on purpose.
• 39:59
  It was a flex. It was just basically, you know,
• 40:01
  shut across a bow. And showing that clearly the
• 40:04
  Bitcoin strategy is working. This is what Bitcoin does.
• 40:07
  Just look at it like, come on, it's so obvious.
• 40:10
  So it's just a matter of time. And I remember talking, I
• 40:13
  remember talking to Sailor in, in, in Portugal and I was like,
• 40:18
  you know, like, why isn't anyone following you?
• 40:19
  And, and he was just like, and I remember he's like, I, I, I
• 40:23
  don't know, right. But I, I, I think it's, it's
• 40:25
  kind of like what what Germano was saying in terms of the
• 40:28
  legitimization in the eyes of the institutions when someone
• 40:33
  like BlackRock comes in and starts buying Bitcoin, I think
• 40:35
  it's a big deal. And I think the, the dam is
• 40:39
  starting to break slowly but surely.
• 40:42
  And that's what I want to talk about today.
• 40:44
  So of course for anyone who doesn't know MicroStrategy 166%
• 40:48
  up since they adopted the Bitcoin strategy in August 10th
• 40:52
  20/20/2020. A humble A Humble 166.
• 40:56
  Percent, a humble 166%. If you compare that even to the
• 40:59
  tech stocks, Apple's only up 51%, Microsoft 48%, Google 45%,
• 41:04
  Oracle 7072%. You know, clearly
• 41:07
  Microstrategy's outperforming everything and Bitcoin's
• 41:10
  outperforming everything as well.
• 41:11
  Well, it seems like another company has followed suit, a
• 41:15
  company that was listed on the NASDAQ.
• 41:17
  I'm not really familiar with the company.
• 41:18
  I I learned about them today, but the name of this company and
• 41:21
  and forgive me if I pronounce this incorrectly, English was my
• 41:24
  second language. Semler Scientific announces
• 41:29
  Bitcoin treasury strategy Quote Our Bitcoin treasury strategy
• 41:32
  and purchase of Bitcoin under score belief that Bitcoin is a
• 41:35
  reliable store of value and a compelling investment.
• 41:38
  Bitcoin is now a major asset class with one with more than
• 41:42
  one trillion of market value. We believe it has unique
• 41:45
  characteristics as a scarce and finite asset that can serve as a
• 41:49
  reasonable inflation hedge and safe haven amid global
• 41:52
  instability. We also believe it's digital
• 41:55
  architectural resilience makes it preferable to gold.
• 41:58
  That's a huge statement, which has a market value of
• 42:01
  approximately 10 times that of Bitcoin.
• 42:03
  Given the gap in value between gold and Bitcoin, we believe
• 42:06
  that Bitcoin has the potential to generate outsize returns as
• 42:10
  it gains increasing acceptance as future gold.
• 42:15
  I think I felt Peter Schiff cry just a little bit somewhere, but
• 42:19
  that is a big statement. And this isn't just coming from
• 42:21
  bitcoiners on Bitcoin Twitter. This is coming from a publicly
• 42:25
  traded company on the NASDAQ that's saying look like bitcoins
• 42:28
  going to match the market cap of gold.
• 42:29
  I think that would make the price of one Bitcoin roughly
• 42:32
  like between 600 to $700,000. Anyways, they continue to say.
• 42:37
  Furthermore, we we are energized by the global, by the growing
• 42:40
  global acceptance and institutionalization of Bitcoin
• 42:43
  reflected most recently by the SEC January 2024 approval of 11
• 42:49
  Bitcoin ETFs. These funds have reported more
• 42:52
  than $13 billion of net inflows with investments from nearly
• 42:56
  1000 institutions, including global banks, pensions,
• 42:59
  endowments and registered investment advisors.
• 43:01
  It is estimated that more than 10% of all bitcoins are now held
• 43:05
  by institutions. Moving on here, which is the
• 43:10
  news that I just talked about, but also Japanese company
• 43:13
  Metaplanet is buying another 250.
• 43:17
  I don't know what the Japanese yen, the Japanese currency of
• 43:21
  Bitcoin as well and look at this, the Bitcoin effect in real
• 43:26
  time. Take a look at what happened to
• 43:28
  the stock, very similar to what happened to MicroStrategy stock,
• 43:32
  right? Just as soon as that.
• 43:34
  Wait, it's a. 31% in a day bro that is absolutely bonkers.
• 43:39
  I think it was Muslim Bitcoin and nailed it over here.
• 43:42
  MicroStrategy outperformed Bitcoin strategy by adopting the
• 43:46
  Bitcoin strategy. This is how you win.
• 43:49
  Dude, this is this is absolutely crazy.
• 43:50
  Anyway, there's 1100 and 50 of you guys watching live between
• 43:54
  YouTube Rumble and X. If you guys are enjoying the
• 43:55
  show, smash the like button. I'm going to pass it on to Mike.
• 43:59
  Mike, what are your thoughts on this man?
• 44:00
  I mean, we knew that this was coming, but I feel like like
• 44:04
  it's just so obvious. Like how long until Apple or
• 44:08
  Google or Facebook or just like, listen, guys, you know, we hold
• 44:11
  way too much cash. You know, F DS bonds we're
• 44:15
  holding, we're we're buying Bitcoin now.
• 44:18
  Yeah. I must contain your ADD bro.
• 44:22
  It's OK. I'm, I'm really conflicted
• 44:25
  because I just don't want all these companies to adopt the
• 44:27
  Bitcoin strategy 'cause I don't want all these institutions to
• 44:29
  have Bitcoin. So I feel like we're trying to
• 44:32
  get everyone on the lifeboat to say like, Hey, get your Bitcoin
• 44:34
  now before these, these companies get in.
• 44:36
  But you know, you brought up Michael Saylor.
• 44:39
  It was the, it was his micro strategy conference that he has.
• 44:43
  And what he does is he has a big conference for his company that
• 44:45
  has thousand employees. And then he's got Bitcoin world,
• 44:49
  which is like the side side hustle event.
• 44:51
  It's like the Anders event, but the opposite.
• 44:53
  So no drinking and just, you know, a bunch of people the day
• 44:56
  before. So you know, we were happy.
• 44:58
  We want to live stream at Bitcoin magazine because we're
• 45:00
  like here, look, man, he's he's selling the playbook to
• 45:03
  institutions and a whole bunch of institutions were just
• 45:05
  showing up and they're watching. It takes a while for, you know,
• 45:07
  these small and medium sized institutions to adopt this.
• 45:10
  But let me tell you something, it didn't look like a bunch of
• 45:12
  Bitcoiners that were sitting at that conference.
• 45:13
  It looked like people were like, well, mathematically this all
• 45:16
  makes sense. And I understand why this for my
• 45:18
  institution. And, you know, you know, there's
• 45:19
  a lot of CFOs looking around. That's usually not the group
• 45:22
  that's that, that that's sitting there trying to be at a Bitcoin
• 45:24
  conference or event. So, you know, look, I think I
• 45:27
  think it's very obvious what's happening.
• 45:29
  I think a lot of these other companies are going to try to to
• 45:31
  do it. Obviously, you know, Dylan,
• 45:33
  Dylan Mcclair, who's with us at Bitcoin magazine, he just joined
• 45:36
  us, you know, director of Bitcoin strategy at Metaplanet.
• 45:38
  We've been you know, we're we're really close to the metaplanet
• 45:41
  folks. We've been testing this this
• 45:43
  strategy out. You know, we're just going to go
• 45:44
  for you know, you know, I think some unique currency battles if
• 45:47
  they want to give out 0% interest and we can use that to
• 45:49
  buy Bitcoin on publicly traded company.
• 45:51
  You know we're going to be doing the micro strategy, you know,
• 45:54
  game plan for everyone else. So it's inevitable, right?
• 45:59
  And that's the worst part is it is inevitable.
• 46:01
  And the more that someone gets a big pump and pay raise because
• 46:05
  some CFO is willing to take a risk and do it, they're all
• 46:08
  they're all going to start, they're all going to start doing
• 46:10
  this. And if we going back to a
• 46:12
  future, everything from Bitcoin helping get the next president
• 46:15
  elected and Bitcoin having a very favorable image, you know,
• 46:18
  and BlackRock saying it's the future, why wouldn't these small
• 46:22
  companies have a little cash on hand?
• 46:23
  What are they going to do? They're going to hold on the
• 46:25
  cash. Hold on the cash, give a
• 46:26
  dividend. No, you're going to buy Bitcoin.
• 46:29
  Yeah man, 100%. Where is that Stacey Herbert
• 46:32
  tweet where she said no they didn't.
• 46:34
  They didn't choose any of this other bullshit.
• 46:38
  They didn't choose any of this shit coins, Mike, could you
• 46:41
  could you, could you bury the lead there, my friend?
• 46:43
  What what do you mean by you guys are going to help like
• 46:46
  other people kind of follow the MicroStrategy and I know you
• 46:50
  guys hosted the Bitcoin for corporations about you guys did
• 46:53
  an incredible job like always by the way.
• 46:56
  So like what do you mean by that?
• 46:58
  Could you could you elaborate 'cause that sounds extremely
• 47:00
  exciting. Yeah, I mean, look, Metaplan's,
• 47:04
  you know, is an example of one where we, we got in early with
• 47:07
  them and we, we, we talked about this and, and look, I think
• 47:10
  we're, you know, sometimes, like when you have a European soccer
• 47:13
  or sorry, football team and you put someone out and loan, you
• 47:16
  know, we're kind of loaning Dylan out to, to metaplan it to
• 47:18
  help kind of, you know, really take the, the micro strategy
• 47:23
  playbook, which is very public. And and they're not a company
• 47:25
  that's trying to hide this, right?
• 47:27
  They're showing you what they're doing.
• 47:28
  People might, you know, I know it's, it's cool to sometimes get
• 47:32
  upset with Michael Saylor right now for his, his view on things,
• 47:34
  which is fine, but he's letting that playbook be out there and
• 47:38
  he's trying to push other institutions to adopt that
• 47:41
  strategy and they're all calling us.
• 47:43
  So the weird part about our business is because we're called
• 47:46
  Bitcoin magazine, the Bitcoin conference.
• 47:48
  Sometimes people come to us like, oh, so you're like
• 47:51
  bitcoins help desk and we're like, no, but how can we help
• 47:54
  you? So it's, it's, you know, and,
• 47:58
  and we have over what we have 10,718 articles that we've
• 48:02
  written. So we have more content than
• 48:05
  anyone else in the world on Bitcoin.
• 48:06
  So, you know, we kind of like look through.
• 48:09
  I feel like, you know, I don't, I hope we're not like the DM,
• 48:11
  you know, DMV for Bitcoin, but I feel like these companies calls
• 48:13
  up and we like look through like, well, here's this plan or
• 48:15
  tried it, you know, and here's this guy.
• 48:17
  And it's, it's the biggest issue we face is we just don't have
• 48:21
  enough time. We, we prepare for, you know,
• 48:24
  sometimes companies calls up and they're like, yes, we're going
• 48:26
  to adopt this. I'm like, who are you?
• 48:27
  We haven't even heard of you. And and, and, and all of a
• 48:30
  sudden we're we're doing our best and we can always use help
• 48:32
  from talented folks out there, but we do our best to sometimes
• 48:35
  talk to us coming. It doesn't make sense.
• 48:36
  How do we invest our time in into this?
• 48:38
  Because we still have to run a business, yet we're also trying
• 48:41
  to, you know, make sure we do our job by, by what is the
• 48:44
  maximum way for us to not only orange pill, but, you know, help
• 48:47
  really spread Bitcoin? Absolutely, man, and and you
• 48:50
  guys definitely do that for sure.
• 48:52
  And what one of the things I, I love, and I tell this to Nick,
• 48:56
  Nick Hoffman all the time, and I think I've told this to you as
• 48:59
  well, Germano, you guys have been the most successful and I
• 49:04
  believe will continue to be the most successful at breaking the
• 49:08
  echo chamber. Cuz a lot of Bitcoin content
• 49:10
  creators and a lot of you guys have to understand people that
• 49:14
  are watching your content are other Bitcoiners.
• 49:17
  How do you move the envelope? You move the envelope by
• 49:20
  breaking out of the echo chamber.
• 49:22
  And I think you guys have done an amazing job at doing that by
• 49:26
  the, the just the speakers that you guys have been able to get
• 49:30
  to your, your, your conference, right?
• 49:34
  So just to name a few, right, You had, please correct me if
• 49:39
  I'm wrong here. You had Edward Snowden, you had
• 49:41
  Vivek, you had Cynthia Lummus, you had RFK Junior with that
• 49:45
  huge splash, you had Naim Bukele, right?
• 49:49
  Of course, you had Michael Saylor, like just to name a few.
• 49:52
  You had Tulsi Gabbard, right? These aren't people that are in
• 49:56
  on Bitcoin Twitter 24/7. These are people that are
• 50:01
  mainstream and they already have a falling in mainstream.
• 50:05
  So the fact that they're at a Bitcoin conference brings
• 50:08
  attention to Bitcoin from outside of the echo chamber, and
• 50:12
  I think that's a massive deal. Yeah.
• 50:14
  Look, this is, I think one of the most important jobs that we
• 50:19
  have at at Bitcoin Magazine, the Bitcoin conference that it's
• 50:21
  hard for us to talk about is we've been around for, you know,
• 50:25
  over 12 years. Of course, we make content for,
• 50:29
  you know, we'll have technical content or we will have content
• 50:32
  for people that have been in it for seven years and the O GS.
• 50:35
  They don't read it as much. And then we have someone who's,
• 50:37
  you know, freshly involved and they're going to, you know, they
• 50:39
  feel like they know every answer and they've been in for a year.
• 50:41
  But I, I have that audience have take care of, but more
• 50:46
  importantly, there's the mainstream audience that it
• 50:48
  doesn't understand what Bitcoin is yet that that unfortunately,
• 50:50
  we're kind of one of the first steps in that journey.
• 50:53
  And unlike, you know, I want more content on Bitcoin and
• 50:57
  crypto, but our other competitors that are crypto
• 51:00
  content right there, they have more page views than us, of
• 51:03
  course, because they've written 700 articles about polka dot or
• 51:06
  this next, you know, scam that that this is going to sit there
• 51:09
  and you know, we can only talk about they all talk about
• 51:11
  Bitcoin. Sure.
• 51:12
  We can only talk about Bitcoin. And you know, the nice thing
• 51:16
  about that is for some of these people, they kind of were this
• 51:18
  kind of first content that they come to, you know, to break, to
• 51:23
  break out of the echo chamber. You know, it's not just us
• 51:26
  having these speakers because we're trying to say, Hey,
• 51:27
  speakers, you should listen to Tulsi Gabbard, right?
• 51:30
  Or you know, Michael Lewis, like, hey, you know, you should
• 51:32
  listen to Michael Lewis. I want Michael Lewis to listen
• 51:34
  to us, right? Like my big thing is when we got
• 51:37
  him as a speaker was I was afraid he was going to do the
• 51:39
  big short but for like FTX and he was going to think Bitcoin
• 51:43
  and crypto are the same thing. And, you know, when we had him
• 51:45
  speak, we're like, we, it was almost an investment on our
• 51:47
  angle that we're like, Bitcoin and crypto are two totally
• 51:51
  different things. They are not the same, right?
• 51:54
  This is the reason why this world is, you know, that this
• 51:56
  world has this problem. Do not lump us together.
• 51:58
  You know, come and you know, we brought him to a Bitcoin
• 52:00
  conference and he looked around and went, oh, OK, right.
• 52:04
  And once again, this might not pay off for six years than when
• 52:06
  he writes, you know, whatever thing that turns into a movie,
• 52:09
  the moneyball, whatever, you know, there's there's a handful
• 52:11
  of organizations that try to write, you know, they think they
• 52:14
  understand crypto and try to bundle it together and like,
• 52:16
  hey, what we're Bitcoin, we're different and to be a separate
• 52:19
  meeting, like we don't even talk about the other crypto
• 52:22
  currencies. It really is eye opening for
• 52:24
  them. And that's why, like I said
• 52:26
  before, it's important at our conference that it's not just us
• 52:29
  showing Bitcoiners speakers. We're trying to show the
• 52:31
  speakers who the Bitcoin world is.
• 52:33
  So that's why I want the best Bitcoiners, you know, all around
• 52:36
  to come celebrate with us at our conference.
• 52:38
  You know, it's any conference can have speakers.
• 52:41
  You know, we've done a great job getting the biggest speakers in
• 52:43
  the world. Great and a lot of other
• 52:44
  conferences follow that. That's totally fine.
• 52:46
  I love it right, like RFK now I think goes almost every crypto
• 52:49
  conference, which is which is an interesting thing.
• 52:52
  You never thought, you know, never think of.
• 52:53
  But you know, we're happy to help, try to pave that way.
• 52:55
  And to be honest, it takes us sometimes it takes us 2-3 years
• 52:59
  of talking with someone to get them to want to come on board.
• 53:02
  So, you know, sometimes you just think, oh, we threw people on
• 53:05
  stage. There's a massive investment
• 53:07
  that that's done on our end to try sit there and build that
• 53:09
  relationship, build that relationship out.
• 53:11
  But you know, I think in 21 or you know, obviously in 2019 when
• 53:16
  we had like less than 3000 people, you would never make a
• 53:18
  stop at the Bitcoin conference. Now this is like on the social,
• 53:22
  you know, on the social calendar, OK, this is something
• 53:24
  that's big. We had what, over 480 people
• 53:27
  from the press show up to our conference.
• 53:28
  That's bigger than most conferences.
• 53:30
  It's just the people that come from our press side, right?
• 53:32
  So we have to hold those relationships all year.
• 53:34
  And then even worse, we have to hold those media companies
• 53:36
  accountable throughout the rest of the year, right?
• 53:38
  So when they write articles that are lies, you know, we have our
• 53:41
  FUD fighter series that we go against and say like, Hey,
• 53:43
  you're just a lying sack of shit, right?
• 53:45
  And so like, sorry about that, you know, and we tell them, you
• 53:48
  know, that that isn't factual and, and only a media company
• 53:51
  sometimes can hold other media companies accountable in that
• 53:53
  way. So there's a there's a lot of
• 53:55
  relationships that get built to try to have a conference that's
• 53:58
  really just a three day celebration of Bitcoin.
• 54:00
  And it's not just about putting people on stage that they can
• 54:03
  say what their point of view is on, on Bitcoin is.
• 54:05
  We're trying to show the entire world who Bitcoiners are and why
• 54:08
  every time you look at it, you, you, you walk away.
• 54:10
  That's extremely positive. This is something I want to be a
• 54:12
  part of. I mean, Tulsi Gabbard was great.
• 54:15
  You know, she, you know, once again, I think there's some
• 54:17
  things I've, I really admire about Tulsi Gabbard, Right.
• 54:19
  And, you know, you could see her wheels turning when she was at
• 54:22
  the, you know, at the event and, and, and afterwards, you know,
• 54:25
  she's on Michael Saylor's yacht and everyone's kind of talking.
• 54:28
  She's like all these Bitcoiners a little bit different.
• 54:29
  Yeah. And, you know, like, where's the
• 54:31
  Lambo? I'm like these people aren't
• 54:32
  Lambo people like you're thinking of crypto people.
• 54:35
  That's not us, right, and you could see that these it takes
• 54:37
  them and sometimes that's one of the beautiful things about
• 54:40
  events is you get to understand it.
• 54:42
  You don't feel alone. You know, you don't you when you
• 54:44
  see how big it is, and that's just like quote normal people
• 54:46
  and the diversity all thing. It's there.
• 54:48
  You look around that conference go, OK, and it's a whole
• 54:51
  different thing. And sometimes it's hard to
• 54:53
  explain. And that's, you know, an
• 54:54
  important part of what we put together.
• 54:55
  But I think that's why we get the best speakers is because
• 54:58
  we've now built a reputation within the the community and the
• 55:00
  outside world of this is a, you know, this is a massive place.
• 55:03
  You know, you're going to have 25,000 people attendees, but
• 55:06
  you're going to have a quarter million people watching live.
• 55:09
  What else are you going to possibly have, you know, video
• 55:10
  views and, and really where does that move the needle?
• 55:13
  You know, in terms of every mainstream media outlet is kind
• 55:15
  of covering it one way shape or, or form, unless it's RFK and
• 55:18
  then the media can't cover it. But you know, it's an important
• 55:22
  part that we also combine media and conference.
• 55:25
  So by doing that, I have a full year of trying to do media
• 55:28
  articles. We can find out who's
• 55:30
  interesting, what's coming on board.
• 55:31
  We know that everyone wants to break news at our conference.
• 55:34
  That's hard to manage sometimes. We've had like numerous
• 55:36
  countries come to us be like, yes, we have someone here in our
• 55:39
  country we're going to operate, you know, Bitcoin, we're like,
• 55:41
  you know, it's like, it's like code red.
• 55:42
  Everyone runs around and then we like find out, no, it's actually
• 55:45
  not this. So they're like, yes, it's
• 55:46
  Bitcoin cash that we're trying to do.
• 55:48
  And we're like, no. So there's a lot of investment
• 55:50
  to make and there's like at least five different countries
• 55:53
  that want to do the El Salvador thing that we're like, well, you
• 55:55
  know, and how much time do you spend on that?
• 55:57
  But being part of Bitcoin mags in the media, so we can start to
• 55:59
  look into that information, we can start understanding it
• 56:02
  throughout the whole years as someone who we can have, you
• 56:04
  know, these conversations with other real Bitcoin, they're just
• 56:06
  trying to scam us onto something else.
• 56:07
  So, you know, there's a lot of other conferences, which is
• 56:11
  great. I'm happy there's more events.
• 56:12
  You know, we are, we are almost the ones who who have to, I
• 56:15
  think, validate them first, you know, and all of a sudden they
• 56:18
  kind of say, oh, we'll have you come speak at ours again.
• 56:20
  So there's a lot of hard work that we go because if we put
• 56:22
  someone bad on stage, you know, we'll never hear the end of it.
• 56:25
  Absolutely man, like I said, I think you guys do an incredible
• 56:28
  job and I'm extremely excited for the Bitcoin 2024 conference,
• 56:32
  which we're going to talk about during the culture segment.
• 56:35
  So like it let's get to it. But before we do that, I do want
• 56:37
  to give a very special shout out to our sponsor.
• 56:40
  Of course I'm talking about the orange pull up stack friends who
• 56:43
  stacks S the orange pull up Bitcoin social layer.
• 56:46
  Find local bitcoiners, events and merchants near you.
• 56:48
  Join the 10,485 bitcoiners that are currently on the app.
• 56:52
  It has a very clever filtration system, so you'll only find
• 56:56
  fellow bitcoiners on the application and also if you move
• 56:59
  to a new city, if you're traveling, if you're on the go,
• 57:02
  if you no longer have a lot in common with normies, you could
• 57:06
  pull up the orange pull app and it will connect you with like
• 57:09
  minded fellow bitcoiners in your local area in the geographical
• 57:14
  in the geographical sense. So it's one of the best ways to
• 57:16
  reach me. I don't really check Twitter DMS
• 57:20
  as much these days. So you could download the Orange
• 57:22
  Pill app, You could send me Adm and I'll try to get back to you.
• 57:26
  So guys, download the Orange Pill app today, scan the QR code
• 57:28
  or check the link in the video description.
• 57:31
  All right, everybody, let's hit the culture.
• 57:34
  The Daily Culture thank you Miami for the last three years
• 57:45
  in this amazing city. The whole world shut down, but
• 57:50
  Miami welcomed us with open arms.
• 57:53
  We want to show Bitcoin to the whole world.
• 57:57
  We are taking the conference on the road to set the stage for
• 58:01
  Bitcoin in a new city, Nashville.
• 58:17
  Bitcoin 2024 is coming to Nashville in Tennessee, a city
• 58:21
  that is known as a music and freedom city.
• 58:24
  Bitcoin 2024 in Nashville from July 25th to 27th.
• 58:33
  All right, dude, you guys do such an incredible job with the
• 58:37
  production and I believe that was Plug Music's voice.
• 58:40
  You can't, you can't, you can't miss it.
• 58:43
  So man, it's in Nashville this year.
• 58:46
  That's a big change up. I know you guys were in my my,
• 58:50
  my hometown. You guys were in Miami for the
• 58:52
  last three years. And then you guys have gone back
• 58:55
  to Nashville, which is where Bitcoin Bitcoin Magazine
• 58:58
  headquarters is set up. You guys have the the shop as
• 59:01
  well which I visited, which is incredibly awesome.
• 59:04
  So why do you guys decide to go back home, so to speak?
• 59:09
  Yeah. Listen, I think we have a
• 59:11
  certain responsibility with the Bitcoin conference.
• 59:13
  And, you know, Miami was great. I think we try to make sure
• 59:18
  everyone knew that, especially in 21 when no one was even
• 59:21
  holding conferences. Miami is willing to allow us to
• 59:23
  do that. And we had, you know, over
• 59:26
  12,000 people tend. It was the biggest, I think the
• 59:28
  biggest event in the US that year because everyone else was
• 59:31
  afraid, but Bitcoiners weren't. And so there was a lot of
• 59:34
  respect and excitement there. We appreciate Miami, you know,
• 59:37
  for that. In 2019, it was in San
• 59:39
  Francisco, but obviously California shut down in 2020.
• 59:41
  I think they're still shut down. So, you know, you're not going
• 59:44
  back there. And in reality, there's 22
• 59:48
  important things. One is Bitcoin belongs to to
• 59:51
  every city. And I really think that when you
• 59:54
  show Bitcoiners, we take a a big responsibility.
• 59:58
  It's not just people going for a conference.
• 59:59
  These are people saved up for this is their, you know, summer
• 1:00:02
  vacation that they really, you know, saved up for this.
• 1:00:05
  I want them to have a great experience.
• 1:00:06
  We've already done Miami now three times.
• 1:00:08
  Nashville's an exciting city. It's a lot of fun, you know, and
• 1:00:12
  once again you're going to be rolling there with, you know the
• 1:00:14
  30,000 bitcoins that attend and and the others that are just.
• 1:00:18
  Maybe you're too hungover after Andrews party to to come to the
• 1:00:20
  actual conference, but they'll still be there in national
• 1:00:22
  partying or or enjoying the the vibes.
• 1:00:25
  It's all of a sudden you're going to roll deep and want a
• 1:00:26
  great city with a bunch of Bitcoiners.
• 1:00:28
  You know, it's almost like, you know, whether you're going to
• 1:00:31
  you know, the Super Bowl and you're kind of the the home team
• 1:00:33
  playing. You know, everyone's going to be
• 1:00:34
  opening their doors to it's that we're trying to create every
• 1:00:38
  city to want to have bitcoiners to show off why they want accept
• 1:00:42
  bitcoiners and really, you know, put our mark on that city.
• 1:00:45
  This is a way for us to, you know, we're not just trying to
• 1:00:47
  orange, you know, people that are coming to the conference.
• 1:00:50
  I'm trying to orange pill an entire city.
• 1:00:52
  And the best way for me to do that, as, you know, economically
• 1:00:54
  by look what we can do, bring, bring our city there.
• 1:00:57
  And more importantly, Nashville's a freedom city.
• 1:00:59
  They take that seriously. We need to think about where
• 1:01:02
  Bitcoin itself kind of intersects with other people's
• 1:01:06
  values. And, you know, if you want to
• 1:01:08
  have a conference that talks about, you know, personal
• 1:01:10
  freedom, Nashville's a pretty good place to do it.
• 1:01:13
  You know, it's also a state, you know, also a state that might
• 1:01:15
  attract some, you know, certain interesting people that are
• 1:01:18
  going to be coming that we're going to be announcing soon
• 1:01:20
  because Nashville has its own identity.
• 1:01:23
  And, you know, sometimes if you do it in Florida, you know, we
• 1:01:26
  couldn't we couldn't do Florida again, probably go back there at
• 1:01:29
  some other time. But I think it's important to
• 1:01:31
  bring the show on the road. It really opens the doors to,
• 1:01:36
  like I said earlier, aren't pulling every city.
• 1:01:38
  We get both senators support of US governor and when we hold it
• 1:01:42
  at the we're holding at the Conference Center in Nashville,
• 1:01:46
  it's absolutely gorgeous. It's stunning.
• 1:01:48
  It's a great place to hold it. You know, they have thousands of
• 1:01:51
  businesses that are connected to that business unit.
• 1:01:52
  We get to tell them all about Bitcoin.
• 1:01:54
  So it's a great, you know, we're talking about businesses of how
• 1:01:56
  they can accept Bitcoin more so than Miami.
• 1:01:59
  You have the Convention Center right down the street is Broad
• 1:02:02
  Street is is kind of the Main St. in Nashville.
• 1:02:05
  All the bars are there. They're going to be absolutely
• 1:02:07
  packed. You know, people be celebrating
• 1:02:09
  this great music. I'm sure they'll be, you know,
• 1:02:11
  don't worry, I think they'll be probably less wizard hats and
• 1:02:14
  more cowboy hats. So, you know, and I think that
• 1:02:17
  every city is going to have its own identity and I think that's
• 1:02:20
  important to folks. So I'm cannot tell you how
• 1:02:24
  exciting about Nashville if you want good meat, right?
• 1:02:27
  And if you want good food, man, Nashville has the best brisket.
• 1:02:31
  So I think people are going to enjoy some some unbelievable
• 1:02:33
  food and really want to set the bar for how other cities can
• 1:02:36
  invite Bitcoiners in. So, you know, who knows where
• 1:02:40
  we're going to be holding the next Bitcoin conference.
• 1:02:42
  You know, I think that that's an important part that, you know,
• 1:02:44
  if you haven't been to Nashville yet, don't sleep on and think
• 1:02:47
  that this is going to happen next year because you know,
• 1:02:49
  we're going to constantly surprise you.
• 1:02:50
  And we do that because then all the altcoin companies that try
• 1:02:53
  to come to our events and not, you know, we don't allow them to
• 1:02:58
  sponsor our conference. They then try to buy everything
• 1:03:00
  around us. And they were doing that in
• 1:03:01
  Miami and driving up the prices. So we didn't tell them and we
• 1:03:04
  just rug pulled them and and, you know, left Miami and they
• 1:03:06
  had all these long term leases out on all these hotels.
• 1:03:08
  You know, it's a great way to make sure these altcoin
• 1:03:10
  companies can't, you know, take over the weekend.
• 1:03:12
  There's a little piece of history about Nashville.
• 1:03:16
  Certain legend. His last days were spent there.
• 1:03:19
  Do we know who that was by chance?
• 1:03:22
  Which legends last days were? 1st the 1st president that told
• 1:03:25
  the central bank to GFY Andrew Jackson Country my friends.
• 1:03:30
  There we go. Well.
• 1:03:31
  Love. That it's also now Kid Rock
• 1:03:33
  Country. So we're talking to him.
• 1:03:35
  I'm trying to get him, but I was like, look, you know, hey, if
• 1:03:38
  anyone cares about freedom, you know, he's got a great honky
• 1:03:41
  tonk down there. But you know, I, I wouldn't be
• 1:03:44
  surprised if, you know, if you didn't see some other excited
• 1:03:47
  people care about freedom. So it might not be Andrew
• 1:03:49
  Jackson, but I think Kid Rock is the Andrew Jackson music, so.
• 1:03:52
  Oh man, well, I'm excited for that guys.
• 1:03:54
  By the way, get your tickets quickly before the prices do go
• 1:03:57
  because they do go up overtime. The conference is going to be
• 1:04:00
  July 25th through the 27th and of course, Nashville, TN, the
• 1:04:05
  new frontier. So Russ and I, I, I kind of want
• 1:04:08
  to go back to you, Ben. And I remember, I think one of
• 1:04:11
  the first times we met in person.
• 1:04:13
  I can't emphasize that enough, right?
• 1:04:15
  Jake? Winner is like, like, look like
• 1:04:18
  there's the, you know, the cyberspace and then there's meet
• 1:04:22
  space, right? And there's something about in
• 1:04:25
  person events. Specifically, the Bitcoin
• 1:04:28
  conference is the, the largest Bitcoin conference in the world.
• 1:04:32
  It's very special. It's, it's very special.
• 1:04:35
  The atmosphere, you know what it's like to be in a room with
• 1:04:39
  more than more than 1000 people. How, how many people are
• 1:04:43
  expected to attend Mike? I mean.
• 1:04:48
  That one year was. Rusted ADD bro.
• 1:04:51
  No, no, you got a good point. Well, The funny thing is, so
• 1:04:53
  Miami told us, we, when we went to Miami with 27,900 tickets and
• 1:04:59
  the city itself said there was an additional 30,000 people who
• 1:05:02
  came down for it but didn't buy tickets.
• 1:05:04
  So, you know, you're looking at that number that's, you know,
• 1:05:06
  almost 60,000, you know, people not all at the conference.
• 1:05:10
  I mean, I, I, I think we're going to be well above 20,000
• 1:05:15
  ticketed guests. I mean, the tickets are rolling
• 1:05:17
  in. And once again, use, you can use
• 1:05:19
  code BM21. Everyone's supposed to say BM 10
• 1:05:23
  for 10% off, BM 21 to 20% off. So we're going to see if that
• 1:05:27
  works out right. Like I'm going to get in trouble
• 1:05:29
  for that one, but you know. Do it.
• 1:05:32
  Do it now. Yeah, there you go.
• 1:05:33
  Right until they shut it off. So look, I think you're going to
• 1:05:37
  have more than 20,000, but it's going to feel like so much more.
• 1:05:42
  And, and look, it's hard for us because everyone wants to have a
• 1:05:44
  big conference or a small conference.
• 1:05:45
  We try to have all these satellite events.
• 1:05:47
  I mean, like I said, Anders, all these other satellite events are
• 1:05:49
  awesome. I mean, Bitcoin vets have have
• 1:05:51
  event going on and that's something I'm I think we're
• 1:05:54
  really proud of. You know, we don't discourage
• 1:05:56
  that. We won't, you know, we want
• 1:05:58
  people to come down since everyone's in town, you have to
• 1:06:00
  come in anyway, right? And there's so many other side
• 1:06:03
  events happening. You know, there's a Bitcoin golf
• 1:06:04
  tournament, you know, that's happening.
• 1:06:07
  I'm still trying to get the Johnny Cash Museum to accept
• 1:06:09
  Bitcoin, but you know, that would be fun 1 to get done.
• 1:06:12
  But you know, there's, there's so many other additional events
• 1:06:14
  that are going on that really make it special that, you know,
• 1:06:17
  you don't. I understand sometimes our
• 1:06:19
  tickets are a little expensive. It costs us a lot to put on this
• 1:06:22
  event. You know, our, our, our budget
• 1:06:23
  for security, since we have these people coming in is more
• 1:06:26
  than budget that for other conferences entire budget.
• 1:06:29
  That's how much we have to spend on security.
• 1:06:31
  So, you know, we put a lot into it.
• 1:06:33
  But if you want to come down and celebrate with a bunch of bit
• 1:06:35
  corners, there's no there'll be no better place than Nashville.
• 1:06:38
  Absolutely. And, and I, I got to say so and,
• 1:06:41
  and 20,000, OK, so imagine 10s of thousands of people that are
• 1:06:47
  like minded in the way they think and meeting them in, in
• 1:06:53
  meet space and actually understanding that there's a lot
• 1:06:57
  of people that think like you, which could be quite isolating
• 1:07:01
  in, in kind of normie world. You know, is, is a really,
• 1:07:04
  really good experience in Ruston.
• 1:07:06
  I believe you and me met for the first time in person.
• 1:07:10
  I think it was like Bitcoin 2022 or Bitcoin 2023.
• 1:07:15
  So yeah, man, I mean, you were there, bro.
• 1:07:17
  You made the, you made the pilgrimage to Miami.
• 1:07:20
  What are your thoughts? Oh yeah, that was crazy.
• 1:07:22
  You had all those flight cancellations, and I remember I
• 1:07:25
  drove and two days from Kansas down to Miami to make sure I
• 1:07:30
  made it. And yeah, that was incredible.
• 1:07:32
  That was my first conference experience being there live.
• 1:07:36
  And yeah, being with all the Twitter homies, seeing them in
• 1:07:39
  person, got to hang out with a good friend, aunt, a lot of time
• 1:07:43
  there and those relationships you build.
• 1:07:46
  I had just kind of started watching simply at that time and
• 1:07:50
  they were walking by. I was actually talking with the
• 1:07:53
  guy from the XFL to try to get him to buy Bitcoin at that time.
• 1:07:58
  And I saw them walk by and I was like, yo, simply Bitcoin.
• 1:08:02
  Then we went up, took that and I saw them walk away and like,
• 1:08:04
  hey, they knew who they knew who we were or something like that.
• 1:08:07
  And I was like, people don't know who these guys are.
• 1:08:09
  Simply Bitcoin's cool, you know, but then you know, what was it a
• 1:08:14
  year later? And then Jacob and and.
• 1:08:17
  And, and, and by the way, what you said is not like an
• 1:08:20
  isolated, like if you're trying to get a job in the industry,
• 1:08:24
  one of the best ways is to go to the Bitcoin conference.
• 1:08:28
  And you guys even have a day for that, which is industry day,
• 1:08:31
  which is the day that I recommend because it's a little
• 1:08:33
  bit more died down. And that's the day that, like
• 1:08:35
  Sailor will make the rounds around the conference and, you
• 1:08:38
  know, you potentially could meet some of your favorite speakers
• 1:08:42
  and stuff. So yeah, man, Industry Day,
• 1:08:45
  definitely recommend it. You talk a little bit about
• 1:08:48
  that, Mike. What what you guys have lined up
• 1:08:49
  for this year? Look, it's a, it's a balancing
• 1:08:52
  act, right? We have to take care of the
• 1:08:53
  whole Bitcoin community. That's everyone from the plebs
• 1:08:55
  to the industry, you know, all the companies that are, that are
• 1:08:59
  in the space, everything from the miners to, you know, to the
• 1:09:02
  exchanges. And so industry days is #1 it
• 1:09:05
  helps us because we're having such a massive event that, you
• 1:09:08
  know, your first day you have like roughly 20%.
• 1:09:10
  Those are the people by the industry pass.
• 1:09:11
  It's a little bit centered towards more of a commercial
• 1:09:14
  conversation. But once again, all the booths
• 1:09:17
  that are open, it's it's, it allows for a whole extra day of
• 1:09:21
  content. We have our pitch day
• 1:09:23
  competition and this year we've opened it up to, you know, all
• 1:09:27
  different, all different types of businesses.
• 1:09:30
  I think pitch Day, we started a couple years ago, we had 400
• 1:09:32
  companies apply. So we put some of the best
• 1:09:34
  thriving new companies on stage. And that's, that's during
• 1:09:37
  industry Day. You'll have some really good
• 1:09:39
  conversations. You know, we start live
• 1:09:43
  streaming also during Industry Day.
• 1:09:45
  So we'll be, you know, live streaming all three days, you
• 1:09:47
  know, as much content as we can. We, you know, we don't get to
• 1:09:49
  show all the stages. We only usually show the
• 1:09:51
  mainstage, so there's a lot of additional content that's going
• 1:09:54
  to be made. Yeah.
• 1:09:55
  But industry day, that's kind of that.
• 1:09:56
  That's kind of that first day. I think it's it's, it's
• 1:09:59
  exciting. And once again, you probably do
• 1:10:01
  get a little bit more FaceTime with some other key people just
• 1:10:04
  'cause there's not everyone there.
• 1:10:05
  And then it gets open up more to the kind of the general public.
• 1:10:08
  Yeah, absolutely. I I 100% agree man.
• 1:10:11
  I I I personally, I love industry day.
• 1:10:13
  Industry Day is like my favorite to, to make the rounds around
• 1:10:16
  the, the, like the, the, the, what's it called, the exhibition
• 1:10:20
  area where like all those companies have booths and stuff
• 1:10:24
  that I love Industry Day for that.
• 1:10:25
  So Mike, also the, the, the way that you guys in terms of you
• 1:10:30
  scheduled the conference, I believe you scheduled it between
• 1:10:34
  the two political parties, like their events and you guys kind
• 1:10:38
  of did that on purpose. Like could you talk a little bit
• 1:10:41
  about that? You know, I look, I think, I
• 1:10:44
  think that the political party scheduled it around us.
• 1:10:46
  So I would like to think, you know, we're, we're we're more
• 1:10:50
  important, but it just works. It look, it works out perfectly
• 1:10:54
  once I give hats off to Brandon and our entire conference team,
• 1:10:59
  just being able to plan the dates that they actually have to
• 1:11:02
  have conferences kind of all around the world.
• 1:11:04
  We you know, we've we've toured almost every facility.
• 1:11:06
  So to be able to actually do that is, is, is tough.
• 1:11:09
  So there you go. I like that.
• 1:11:11
  Thanks, Ron. You know, I would say that it,
• 1:11:15
  it's hard to pick out timing and you know, look, this is in the
• 1:11:17
  summer, not ideal, but let me tell you something.
• 1:11:20
  We did that because this is the first year that we want people
• 1:11:22
  to bring their families and their kids.
• 1:11:23
  That was the biggest complaint. And you know what, let me tell
• 1:11:25
  you why Bitcoin is a little bit more, you know, bitcoins are
• 1:11:27
  different. They're like, hey, we'd really
• 1:11:29
  like to have my kids come here, one of my family, other
• 1:11:31
  conferences. They're like, I want to get away
• 1:11:33
  from my kids. And so now it's during the
• 1:11:35
  summer. We have a kids camp this year,
• 1:11:36
  which is exciting. So people can bring their kids
• 1:11:38
  and still kind of participate. So it's during the summer when
• 1:11:41
  school's out. So we're kind of really leaning
• 1:11:43
  into that. You know, you're not maybe
• 1:11:44
  bring, you know, your kids to Miami.
• 1:11:46
  That's maybe where that might not be the best place, but you
• 1:11:48
  know, Nashville, there's so many other fun activities.
• 1:11:50
  So we're excited to see because Bitcoin is something for your
• 1:11:53
  family and you're buying it because you care about your kids
• 1:11:55
  and your kids future. Why not show them why you think
• 1:11:58
  it's important? You know, I, I know my kids are
• 1:12:00
  going to be there happy running around, excited to see kind of,
• 1:12:03
  you know, the entire, I think Bitcoin community.
• 1:12:07
  But it's a it's a great opportunity for I think
• 1:12:09
  families. That's why we have it during the
• 1:12:10
  summer. So that timing is a little bit
• 1:12:12
  different than we traditionally have it and it's in between the
• 1:12:14
  political parties so that they should probably both stop by
• 1:12:17
  now. We we sent we sent the date to
• 1:12:19
  Joe Biden. I don't know if he he said
• 1:12:21
  what's Bitcoin? So I'm not sure if he
• 1:12:22
  understands what we're talking about, but you know, hey.
• 1:12:25
  Hey, one thing we do know is that Brandon and does hold and
• 1:12:30
  chat out to someone in the chat one Kakamoto.
• 1:12:33
  There you go. OK, OK.
• 1:12:35
  Very cool. Oh man, I gotta I gotta come up
• 1:12:39
  with the soundboard for rusted. OK, All right, Mike.
• 1:12:43
  So one of the favorite, one of my favorite things that you guys
• 1:12:46
  do at the the Bitcoin conference and you guys had the volcano at
• 1:12:52
  I think it was what is it 22 I believe, right.
• 1:12:56
  You guys do the epic music, you guys do the news desk, right?
• 1:13:02
  So could you talk a little bit about that?
• 1:13:04
  Sure. So look like the key here is we
• 1:13:09
  know not a lot of people are able to attend the conference,
• 1:13:10
  but with so many kind of announcements that are made, you
• 1:13:13
  know, it's pretty prime time. We treated it like it was
• 1:13:15
  college game day. You know, 21 live stream blew
• 1:13:18
  up. So for 22, we wanted to put some
• 1:13:20
  context. We created like college game
• 1:13:21
  day. We built that news desk, the
• 1:13:22
  Marathon desk. Thank you.
• 1:13:24
  Shout out to Marathon for sponsoring.
• 1:13:25
  We turned to like a big Bitcoin miner desk and of course, we
• 1:13:28
  spent way too much money on a gigantic volcano.
• 1:13:31
  So which, you know, once again that we were not staying humble
• 1:13:35
  then. But you know, I, I think that it
• 1:13:38
  was a it was a perfect backdrop. Live desk is important.
• 1:13:41
  We have so many viewers that are tuning in.
• 1:13:42
  How do we go in between the, the actual speakers itself?
• 1:13:46
  You know, we did that again for 22 and 23 and 24 coming up.
• 1:13:50
  You know, we have a lot more surprises.
• 1:13:52
  We have a lot more additions. I really want to show off the
• 1:13:54
  entire conference itself. People just think our conference
• 1:13:56
  is speakers and you know, it's just OK, you just have some
• 1:13:59
  speakers and then you have the news desk.
• 1:14:01
  Well, you know, there's 10s of thousands of people kind of
• 1:14:03
  going around the art exhibits. Absolutely amazing.
• 1:14:06
  You know, the Expo hall, you know, is, is awesome.
• 1:14:08
  Every time I look, I see Peter McCormick trying to sell Bedford
• 1:14:10
  jerseys. You know, I'm like, this is
• 1:14:11
  pretty neat. So you know, and really we had
• 1:14:14
  people who were it's almost a Comic Con feel.
• 1:14:16
  I'm not sure if you saw like everyone from like the guy who
• 1:14:18
  built out that whole ash shop, you know, Bitcoin suit kind of
• 1:14:20
  walk around. So really showcasing the
• 1:14:22
  community that's there. I think we're going to have a
• 1:14:24
  lot more behind the scenes, especially if we have these
• 1:14:25
  really exciting special guests you're going to and get behind
• 1:14:28
  the scenes. But you know, what I'm asking
• 1:14:30
  you, what I'm asking you is that this news desk and we have a lot
• 1:14:33
  of big names that are on it. But you know, big names are one
• 1:14:37
  thing. I think having the most
• 1:14:38
  important name when it comes to, you know, if we're going to have
• 1:14:40
  a live desk, you know, I think how we need to have, I think the
• 1:14:43
  simply Bitcoin team, you know, have a takeover, you know, and
• 1:14:47
  for each day or one day or whatnot, but I want to have a
• 1:14:49
  takeover, not just, you know, Nico, you did a great job during
• 1:14:52
  the Bitcoin having you were awesome.
• 1:14:53
  Thank you for joining our, you know, joining the stream.
• 1:14:55
  You, you, you, you made it awesome, but I really think the
• 1:14:58
  dynamics of having the whole simply Bitcoin team is like, you
• 1:15:00
  know, it's not just the Bitcoin magazine desk.
• 1:15:02
  I think we got to give it to simply Bitcoin for a little
• 1:15:04
  while. So would love to have you guys
• 1:15:06
  come over, take over the desk for a little bit, run your show.
• 1:15:10
  You know, might not be able to be as long as this one, but run
• 1:15:12
  your show, you know, run a simply Bitcoin show on on the
• 1:15:14
  desk at the conference. Would love to have you guys
• 1:15:16
  there and and to have it take over.
• 1:15:18
  Dude absolutely would be totally honored.
• 1:15:21
  Where? Are the horns at I want?
• 1:15:24
  A horn, I want a buzzer with the shot caller for Rusted whenever
• 1:15:29
  the ADD kicks in. But yeah, I'm so freaking
• 1:15:32
  excited. We'll hold it down for you guys
• 1:15:35
  and we'd be truly freaking honored, man, to do a simply
• 1:15:39
  Bitcoin, a news desk takeover at the Bitcoin 2024 conference.
• 1:15:44
  I'm so epically hyped for that and to do a show from the
• 1:15:48
  conference floor or as well, that'd be ridiculously epic.
• 1:15:52
  So I can't wait for this guys. Mike did drop a special promo
• 1:15:57
  code for you guys. I believe it's BM21.
• 1:16:01
  You guys get a you guys. Here's it.
• 1:16:03
  Before it gets locked down. Oh yeah, you guys get a nice
• 1:16:06
  little discount. Believe someone already in the
• 1:16:07
  chat has. Man, I'm I'm so epically
• 1:16:10
  excited. Rustin.
• 1:16:12
  How you feeling right now, brother?
• 1:16:14
  Dude, I'm pretty stoked you guys are going to 100% get Opti, but
• 1:16:18
  like I said, Nico Nico probably for the sake of the stream might
• 1:16:22
  have to no. Bro, there's three you're you're
• 1:16:25
  joining, are you? Kidding me?
• 1:16:27
  We're going in. Oh, we're going in.
• 1:16:29
  Yeah. OK, dude, I'm, I'm super stoked.
• 1:16:32
  It's this is awesome. It's something we've definitely,
• 1:16:35
  like wanted to do for a long time and get up there.
• 1:16:38
  And I know Nico and Opti got that appearance last year and it
• 1:16:41
  was super epic. Opti was in a suit and like
• 1:16:45
  dapper as hell. Oh no, we had that nice shirt,
• 1:16:47
  you remember? That was nice.
• 1:16:50
  So I think we're going to try and clean up, look nice.
• 1:16:53
  No, no, no, no, I want you to be you like that's the whole point.
• 1:16:56
  This is the best live show in Bitcoin, right.
• 1:16:58
  This is the best live show in Bitcoin, and that's a totally
• 1:17:00
  different thing. I give you guys so much credit
• 1:17:02
  doing what produces all the time, and that's what I want to
• 1:17:05
  show off. Look, you have a great, you have
• 1:17:07
  a great audience minus sat wise Jenks, you have a great
• 1:17:10
  audience, but they are also tuned in, you know, because it's
• 1:17:15
  exciting for you guys to show off.
• 1:17:17
  You know, I want you guys to show off your hype, your
• 1:17:18
  excitement. And we have, you know, a couple
• 1:17:19
  100,000 people watch the live stream at the conference, want
• 1:17:22
  to introduce, you know, them to everything you guys are doing
• 1:17:25
  because conferences were great, but afterwards, we've got to
• 1:17:28
  keep this going. So, you know, I look at this as
• 1:17:29
  sports talk radio and you know, you're the you're Bitcoin's
• 1:17:32
  biggest fans. And, and I think that it's
• 1:17:34
  important to when people fall in love after the conference and
• 1:17:37
  they feel good about what they're doing, how do we keep
• 1:17:39
  them on that ride? How we keep them informed and
• 1:17:42
  you know, we're not doing the live video at Bitcoin Magazine
• 1:17:45
  right now, but you know, you guys are killing it.
• 1:17:47
  We want to show off the people are doing it the best.
• 1:17:49
  And you know, we're not just the stage for Bitcoin Magazine.
• 1:17:52
  We're a stage for the whole Bitcoin industry.
• 1:17:53
  And we'd love to, you know, we'd be, we'd love to have you guys.
• 1:17:56
  Well, it's truly an honor, Mike. We are so freaking hyped.
• 1:18:00
  Rustin Opti Nico gonna be holding down the news desk at
• 1:18:03
  Bitcoin 2024, you guys heard? We're gonna bring it, baby.
• 1:18:06
  We're gonna bring it. We're gonna bring the fire.
• 1:18:08
  I'm so excited. It's gonna be absolutely
• 1:18:11
  awesome. Anyways, Mike, we're we're
• 1:18:14
  closely approaching the top of the hour.
• 1:18:16
  I want to give you an opportunity if you have any
• 1:18:18
  last, last messages for the audience, any golden Nuggets
• 1:18:22
  that you want to drop? Any sneak peeks in regards to
• 1:18:26
  the Big Bitcoin 2024 conference, please let us know.
• 1:18:29
  Look, I think the Bitcoin conference is going to be huge,
• 1:18:32
  OK? I think it's going to be huge.
• 1:18:33
  And I think it's going to be how the whole world sees Bitcoin for
• 1:18:36
  three days. It's, it's the biggest chance
• 1:18:39
  for Bitcoiners to get together and to, like I said before, show
• 1:18:42
  the world who we are. You, I, I, I know sometimes it's
• 1:18:47
  financially hard. People should always be stacking
• 1:18:49
  sets, but if you have the opportunity to come, you're
• 1:18:51
  going to regret it if you don't make it.
• 1:18:53
  So I think that this one is going to be bigger than all the
• 1:18:55
  rest. And there's a lot of big things
• 1:18:59
  that are happening, which are always exciting.
• 1:19:02
  And if you if you don't, if you don't, if you don't like, if you
• 1:19:07
  didn't appreciate the conference, I will make sure I
• 1:19:09
  buy you a beer in Nashville. But I I think that you're going
• 1:19:14
  to be enjoying it so much that, you know, you might be buying me
• 1:19:17
  a beer or you can go to Anders party and get what seems like
• 1:19:20
  open bar all night and drink and that, you know, once again,
• 1:19:23
  maybe those people skip industry days.
• 1:19:25
  So you guys can maybe need a hangover and and come to the
• 1:19:28
  rest. But I invite, even if you can't
• 1:19:30
  afford to get a ticket, you know, maybe beg borrower still
• 1:19:33
  get down in Nashville, because the truth is I want bit corners
• 1:19:36
  to have that, you know, have a couple days together to
• 1:19:39
  celebrate. You know, we just got through a
• 1:19:41
  bit. You know, we're probably the
• 1:19:42
  bear market. I want Bitcoiners getting
• 1:19:45
  together makes us all realize why we're doing this.
• 1:19:47
  It's a way to, I hate to say it, sometimes we all fight on
• 1:19:49
  Twitter and it's lame, right? Like because you know, once
• 1:19:52
  again, you're not actually seeing people.
• 1:19:53
  When you see people, especially people we completely disagree
• 1:19:56
  with, you realize how much we have in common as Bitcoiners and
• 1:19:59
  it's really something special. It's why I'm, I'm passionate
• 1:20:02
  about this community, why I put so much of my, you know, time
• 1:20:05
  and effort into it as I want to bring more of us together
• 1:20:07
  because I, I, I love meeting with people of all different
• 1:20:11
  viewpoints. But as long as we're Bitcoin at
• 1:20:12
  the core, you know, it's, it's good to be around each other.
• 1:20:15
  So let's take over Nashville. Let's show Nashville who we are
• 1:20:18
  and invite you all down. Absolutely man, I'm, I'm so
• 1:20:22
  effing hyped for the Bitcoin conference in Nashville, TN.
• 1:20:28
  You guys definitely don't want to miss it.
• 1:20:29
  The dates are July 25th through the 27th.
• 1:20:33
  It's going to be absolutely huge, wink wink.
• 1:20:37
  Can't make that any more obvious.
• 1:20:40
  So guys, you definitely don't want to miss the largest Bitcoin
• 1:20:42
  conference in the world, Bitcoin 2024.
• 1:20:45
  I'm super hyped for it. But before I close out the show,
• 1:20:47
  I do want to give a shout out to our sponsor.
• 1:20:49
  Of course I'm talking about Kaboom Rex.
• 1:20:51
  It's the most trusted place to buy, sell, and host mining
• 1:20:54
  equipment. To check out the rack, scan the
• 1:20:56
  QR code on the screen or check the link in the video
• 1:20:58
  description. That will take you directly to
• 1:20:59
  their Telegram marketplace where you connect with a member of
• 1:21:01
  their sales team. They make purchasing their
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  products easy and transparent. You could also sell your mining
• 1:21:06
  equipment with them. Also, if you scan the QR code,
• 1:21:09
  it will take you directly to the special deal that they have
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  going on. Right now, they're offering
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  instant hosting for the S19K Pro.
• 1:21:16
  This is where I personally buy my Bitcoin mining ASICS.
• 1:21:19
  Anyways, I do want to give a very special thanks to the
• 1:21:23
  president and someone that I personally look up to just
• 1:21:25
  because of what he's accomplished in the media world.
• 1:21:28
  Mike Germano. Mike, thank you so much for
• 1:21:30
  joining us on Simply Bitcoin Live Today.
• 1:21:32
  Thank you guys man, it's been an honor.
• 1:21:34
  Love it. Appreciate it.
• 1:21:35
  All right guys, this was Simply Bitcoin Live for May 28, 2024.
• 1:21:39
  I'm your host, Nico's my legendary Co host Ruston, the
• 1:21:43
  talent behind Simply Bitcoin Originals, and of course we have
• 1:21:45
  Mike Germano today. So you guys got run pulled on
• 1:21:49
  Opti today? He'll make it up soon.
• 1:21:51
  All right guys, love you all quit.
• 1:21:53
  It seems like Sailor has some last words and see you guys on
• 1:21:56
  the next one. Peace out well.
• 1:21:59
  Because they wanna sell it eventually, Michael.
• 1:22:01
  I mean, let's be honest, most of the people who are, yes, sure,
• 1:22:04
  some people pass it on to their children.
• 1:22:06
  But like most of the people who are buying assets at some point
• 1:22:09
  want to sell the assets at a profit.
• 1:22:12
  So I guess let me say it a different way.
• 1:22:14
  People that use Fiat currency as a store of value, there's a name
• 1:22:18
  for them. We call them poor.
• 1:22:20
  OK, so it was brought to you by bitcoinwell.com on a mission to
• 1:22:25
  enable independence.