Latest / Simply Bitcoin / Money EXPERT Explains How $1M Bitcoin in 673 Days Happens! | EP 1255

Transcript

Money EXPERT Explains How $1M Bitcoin in 673 Days Happens! | EP 1255 · Simply Bitcoin

0:01
Macro expert and literally one of the best Bitcoin analysts in
0:05
the space has just made a bombshell prediction at the
0:08
largest Bitcoin conference in the world.
0:10
But it's not only Arthur Hayes making $1 million predictions
0:14
here. The only man referenced in the
0:17
Bitcoin white paper also made a matter of fact statement that
0:21
you have to here to believe. But before we get into all that,
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let's play the clip of Arthur Hayes producer.
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Please play clip one. Where do I get this idea that
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Bitcoin could hit $1,000,000? So if we think about QE for poor
0:34
people, banks lending more into the real economy, I estimate
0:37
that that could be up to $3 trillion of bank credit that'll
0:40
be created between now and 2028. The statistic to look for is on
0:44
the weekly Federal Reserve balance sheet of the deposits
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and liabilities. We'll see that happening there.
0:50
If the banks are allowed to buy Treasury bonds, it's estimated
0:53
that $900 billion of foreigner demand could evaporate.
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And that has to be replaced by a commercial banks who now can buy
0:59
these Treasuries. Infinite leverage.
1:01
And finally, let's free Fannie and Freddie and bring $5
1:04
trillion of liquidity to the markets, which gets us close to
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$9 trillion printed or between now and 2028.
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And let's put this into context. During COVID, the COVID stimulus
1:17
programs and all the aid that was given to the financial
1:19
sector within the United States totaled about $4 trillion.
1:23
And from the lows of March of 2020 to 70,000 in 2021, in
1:28
November, we went up about 10X. Remember, price is set on the
1:33
margin. It matters about the much larger
1:36
marginal price, not the whole stock.
1:38
And so if we have less Bitcoin on exchanges due to ETF demand
1:42
and we're putting double the amount of money between now and
1:44
2028 than when we did till COVID, then Bitcoin $1 million
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is just easy. Yeah, you heard it, guys.
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It is easy, easy peasy, Nico going to $1 million.
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Now I know you're thinking you look, you bitcoiners are crazy,
1:59
you're click bait scammers. You're you're, you know, you're
2:02
doing whatever you can to play the game on social media.
2:05
But when you really break down the mass $1 million from where
2:08
we are today, I didn't even check the price this morning,
2:11
but it's I'm guessing around one O 7.
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You know, it's not too far away considering Bitcoin cycles here.
2:18
Now, when you really break down the numbers that Arthur Hayes is
2:21
talking about, we know how much money they printed in 2020
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during wait, we can say it during the COVID pandemic.
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And if we see something similar, because we all know Tradfi is
2:34
it's, it's acting funny right now.
2:35
And we know they're going to continue to inject liquidity
2:38
into the system. As Lynn Alden always says, there
2:41
is no stopping this train. And Larry Leppard, the legend
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Larry Leppard always talks about the big print is on the way.
2:49
So when you really look at the numbers and you know, a little
2:52
bit of speculation here, potentially 9 trillion will be
2:56
printed in, in what three years? A 10X from here.
3:01
I know it's crazy because of big numbers Nikko, but a 10X from
3:04
here is $1,000,000. And as Arthur Hayes says, it's
3:09
not that complicated to see this happen.
3:11
So Nikko before we go and actually if you don't know who
3:14
Arthur Hayes is, of course, Co founder, CEO or ex CEO of
3:18
Bitmex, one of the biggest derivative Bitcoin markets.
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He is, as I said, one of the best riders in the space.
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You may not know who Arthur Hayes is, but if you go to his
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writings, his meet, I think it's a sub sack.
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He has, I think some of the most spot on predictions of what's
3:35
going on in Bitcoin currently. Again, he understands the macro
3:39
landscape because he at one time worked in Tradfi, then created
3:43
one of the most profitable exchanges of the past.
3:46
And now he just sits back, covers the landscape and he's
3:50
like, it's not that hard. I think Arthur Hayes may be on
3:53
to something. I know the law of big numbers
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were they all kind of have PTSD from the last cycle.
3:59
We're like, you know, diminishing returns meme.
4:01
We're only going to see a 2X we hate.
4:04
We're hearing a lot of people saying we're going to top out at
4:06
one 5200. They're feeling bearish, man.
4:08
They're. Bearish, you're the bear.
4:10
They're bearish. They're bearish.
4:11
Look, you got to you got to look at the past if you want to learn
4:14
from the future, all right? And the reality is this, we all
4:17
remember, or perhaps you guys weren't here, but I remember
4:22
like I remember sub 1000 Bitcoin.
4:27
And if you would have told me that Nikko, within a decade or
4:31
basically a decade, we're going to be at 100,000, I would not
4:36
have believed you. I would have been like, no,
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that's impossible. It was inconceivable for people
4:42
to imagine $10,000 Bitcoin like $10,000 Bitcoin was like.
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Even 1000. It was like an imagination, like
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it was like there's no effing way we're going to reach
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$10,000. And that year, I remember 2017
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and this cycle by the way, reminds me a lot of 2017 in a
5:01
little bit of like an extended version of the 2017 bull market.
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And for anyone that doesn't know, in January of 2017, we're
5:09
under 1000. At the end of 2017 December,
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we're at $20,000 per coin. That's a 20X in a year.
5:18
I'm not saying that Bitcoin's going to do that this year, but
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what I'm trying to. Say is look.
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A lot of things could happen in a year, a lot of things could
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happen in six months. And remember from 1000 to
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20,000, that was a 20X. That was 2000% for Bitcoin to
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get from 100,000 or 106,000 to 1,000,000, That's less than a
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10X, right? So maybe it doesn't hit at this
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cycle, but in the next five years and the next before the
5:49
end of the Trump administration. I mean, that's conservative to
5:54
say the least. Look, the strategic Bitcoin
5:56
reserve, the repeal of SAP 121, the ability for banks to custody
6:01
Bitcoin, the pro Trump Bitcoin administration.
6:04
We got our friends over here at Rumble broadcasting free speech
6:07
worldwide like pro like we're winning.
6:11
This is this is what it feels like to win.
6:13
It's great. So yes, I mean, $1 million
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Bitcoin, it might seem unbelievable from where we're
6:19
standing, where we're sitting, Better said.
6:22
But I think it's going to happen a lot sooner than.
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Everyone thinks, you know, as much as I troll you about your
6:28
love for Trump, you yelled at me one day because I was talking
6:32
about presidents and all they do is print money.
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Just say, just say I am Optimus Fields and I love Trump because
6:38
he's going to pump my. Bag Trump is the goat,
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undisputedly the goat. But my point remains the same.
6:45
They're going to print a lot of money.
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We saw the budget bill. We see the numbers that they're
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talking about. Trillions of dollars are going
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to get printed. Whoever's in the office, they're
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going to print money. And this is what's going to
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drive the Bitcoin price going up.
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I was having actually a really good conversation with your dad
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yesterday, Nico, and he's like, if you really want to understand
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what the global liquidity is doing, look at the repo markets.
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And there's trillions of dollars being parked right now.
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You compound these trillions of dollars to try to find a home
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when they don't want to go and bond.
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The interest payments at the repo markets are just literally
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nothing. And they're looking at Bitcoin
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start pumping. Things could get absolutely
7:24
insane here. But Nico, it wasn't just Arthur
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Hayes saying $1,000,000 Bitcoin predictions at the Bitcoin
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conference in Las Vegas. We have the man, the myth, the
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legend himself, Adam Back saying it.
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And I think that the funniest part about this Nico is just how
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plainly simple he says it. He doesn't even back it up.
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He's just like, yeah, this is what it's going.
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So producer play clip two please, I'm.
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Going to pick an arbitrary date, let's call it five years from
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now. What is the price of Bitcoin
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Dan? 750,000.
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That's close to my, I was thinking in 10 years we're at a
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million. So that's my split the
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difference there. Adam, what do you think?
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Yeah, a 1,000,000 easy. Is there love that?
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All right, guys, So you heard a range here.
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Look, if Satoshi said I mean fat and back says it, it has to be
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true. Let's go.
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Yeah, Don't, Don't say that, Nico.
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Don't say that. What are you talking?
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About don't say that. All right, Nico, That was a
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range there, you know, 500 to 1,000,000 in five years.
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They're like cut it down the middle 750 and Adam Back comes
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on, he's like no $1,000,000 Bitcoin just like that, you
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know, no doubt in his mind. And the interesting part is
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Arthur Hayes and Adam Back both said it the same exact way.
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It is easy to get to $1,000,000 Bitcoin in three to five years.
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Now I know that sounds crazy. Yes, we are crazy.
9:05
We are Bitcoiners, we know this. But again, the math is simple.
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The effing math is very simple. And when you math the math,
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$1,000,000 bitcoins isn't too much.
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Now, we're not here to just, you know, promote NGU because
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there's a lot of things going on.
9:22
But Tratify is here. And I think this conference
9:25
yesterday in particular was one of those days to kind of show,
9:29
for better or worse, you know, the suits are here, or as they
9:32
used to say in the past, you know, the adults are in the room
9:35
now, guys. So I think Nico and I need to
9:37
start wearing suits. So you take us a little more
9:39
seriously on the show. But they're seeing what we're
9:43
seeing. They're talking about what we're
9:45
they're talking about they may be watching this show, they may
9:47
be watching our favorite Bitcoin content creators because they
9:50
they caught up very quickly. And this is something I've said
9:53
on this show for a long time, the learning curve to understand
9:57
Bitcoin now because of all the content, all the great Bitcoin
10:01
creators out there. It's very simple to get the
10:04
message and anyone that has a brain, you may have half a brain
10:08
like me, but you're looking at the all coins and you're like,
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yeah, I do not want to buy any of this crap.
10:13
I am going to go all on Bitcoin. I, I think, I think it's going
10:18
to happen. Nico, look, are we smoking the
10:20
Hopia look? No, I don't think so at all.
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I think we're manifesting what we we're look, at the end of the
10:26
day, Bitcoin eventually becomes this like self fulfilling
10:29
prophecy. And you know, I wish I would
10:33
have listened to Andreas. He he made that historic speech
10:38
in front of an empty audience. I mean, look at us now like
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we're in the middle. Yeah, 35,000.
10:42
The middle of Bitcoin 2025 in the Expo hall in Las Vegas, NV
10:46
at the rumble booth and there's thousands of people just walking
10:49
around like that conference. It was like in a, you know, it
10:53
was like in a three star hotel conference room.
10:58
There was literally no one sitting.
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And Andreas was like basically saying all the things we say
11:04
every single day, but it was a lot more.
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It was unbelievable back then, you know, because Bitcoin was at
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$100. Bitcoin was brand new.
11:12
But now when you have BlackRock, when you have the Trump
11:18
administration, when you have countries all time we had, I
11:22
don't know who, what you know, what role in government he had,
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but we had someone representing, representing the country of
11:29
Pakistan making an announcement that they had the intention of
11:34
creating a strategic Bitcoin reserve.
11:36
Like, I mean, all you have to do is connect the dots and the dots
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all point to Bitcoin being adopted not only by individuals,
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not only by institutions, but about countries worldwide,
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right. So I, I don't think it's a
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question of if Bitcoin's going to reach reach $1,000,000.
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I think it's a question of when is it going to reach $1,000,000
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and how long is it going to take for it to reach $1,000,000.
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I think that's the better question.
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I don't think it's a matter of if.
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I think it's a matter of when. And just like my personal
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opinion on this, I think it's going to take five years.
12:12
I think the run, I think it's going to take five years, you
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know, maybe 4. And if things get absolutely
12:19
crazy, maybe we see, you know, the Josh Mandel, the Lisa Naz
12:24
Gaib of this cycle prediction of 444,000 by the time this cycle's
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over. But this cycle might be
12:32
extended. A lot of people are.
12:33
Let's talk about that, Opti. A lot of people are thinking
12:35
that we might go deep into 2026. Yeah, I I've been saying this
12:41
for a minute. I really feel like we're going
12:44
to have an extended cycle. This cycle kind of it started
12:47
slow at the beginning of this year.
12:49
And let's not forget we got an all time high before the
12:52
halving. That's never happened before.
12:53
And I know a lot of the conversations that we saw on the
12:56
Nakamoto stage is this idea that hey, for better or worse, again,
13:01
guys, we're not here cheerleading the institutions.
13:03
We are, you know, separating state from money Maxis, but they
13:09
are here and they want Bitcoin. If you are selling your Bitcoin
13:13
right now, you're selling it to basically Michael Saylor and
13:17
Larry Feek. So don't sell your Bitcoin.
13:19
But with that comes I think a whole new demand of money to
13:22
keep the price up. I think the floor is raising
13:25
here and I think that's going to extend these cycles.
13:29
I know there's diminishing return meme.
13:31
A lot of people have been talking about it.
13:32
I know Nico fell into that for a, you know, a couple of weeks
13:35
and now he's starting to get bullish guys.
13:38
Nico the bear is starting to turn into a poor term, a bull
13:42
here. So extended bull market.
13:45
Not only would I like that on an individual level, but from our
13:48
company that would be absolutely amazing.
13:51
I would love to see that. It would be great.
13:53
No, I 100% agree with you, man. It would be, it'd be phenomenal.
13:57
And let's see what happens, man. Let's see what happens.
14:00
All I know is numbers going to go up and have low time
14:04
preference. And if you save on a Bitcoin
14:06
standard, your life gets progressively cheaper over time,
14:10
unlike you living on a Fiat standard, right?
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today. All right, guys, we are back.
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It's 1,000,000 sats. Yeah.
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But I mean, I got a not, not everyone knows that.
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And by the way, 1,000,000 sats is more than $1000 because we're
16:41
seeing that 106,000 currently. There we go.
16:45
And on that note, we are on Clark Moody's dashboard and
16:48
again the current Bitcoin price is $106,740 per Bitcoin and we
16:55
are currently at block height of 898,927.
16:59
All right, guys, so as I was telling telling you, we've
17:01
actually been covering this on the show for quite some time.
17:05
At first we were speculating on it.
17:06
We were wondering if we were, you know, confirming our biases
17:10
or if we were actually reading the room correctly and it looks
17:15
as we were right. Nico, what's the saying?
17:17
We always say tomorrow's Bitcoin news today and then we get
17:20
trolled. Yesterday's Bitcoin news today
17:23
as well. You know, love you guys in the
17:25
chat. We're seeing that Bloomberg, I
17:29
would say maybe our favorite source here because they are
17:33
essentially, you know, the the Fiat source machine here they
17:37
are on corporate press, the television, essentially saying
17:41
what we've been saying for a while.
17:43
One tradfly is noticing Bitcoin and they have to notice it
17:47
because Bitcoin is outperforming everything else.
17:50
And it does seem like we are in the early innings of Bitcoin
17:54
going mainstream, entering the mainstream, really capturing the
17:58
imagination of not only Trad 5, but hopefully retail soon.
18:03
I know retail has been quiet here lately, but they have to be
18:06
coming. And I wonder at what price
18:08
they're going to get into Bitcoin.
18:09
Probably 150K or something. But here we are anyways.
18:14
Producer play clip 3 please. Crypto.
18:16
First though, let's take a look at how Bitcoin is outperforming
18:19
those old school assets. So last week, stocks, bonds and
18:23
credit posted the worst synchronized sell off since
18:25
March. But check out what Bitcoin did.
18:27
It posted its sixth game in just seven weeks.
18:31
Remember, the Treasury market rebelled against President
18:34
Trump's tax bill. Crypto rallied.
18:37
Interestingly enough, it was also at the same time that
18:39
crypto deepened its institutional St. cred as policy
18:43
makers in DC normalized stablecoin Shonali for
18:46
mainstream. Focus on the framing here.
18:52
We covered this, I think it was last week when the corporate
18:56
press, the television, the news anchors were covering Bitcoin
19:00
and and gold. They were comparing Bitcoin to
19:02
gold. And you remember what they
19:03
called it, Nico, they called gold physical Bitcoin.
19:07
And here we have another clip coming out, this time from
19:11
Bloomberg essentially saying Bitcoin is I quo outperforming
19:15
those old school assets. Look at the framing here, old
19:19
school assets. Bitcoin is a new kid on the
19:22
block. It's the young gun here and
19:25
everyone has to start to take notice.
19:28
You can't ignore Bitcoin anymore because hey, in this turmoil
19:33
that we're seeing, we've been covering the bond markets, we're
19:36
seeing gold hit all time high. You know, the dollars kind of
19:40
acting iffy. They're framing Bitcoin in a way
19:45
that is kind of identifying and telegraphing that Bitcoin is the
19:50
new thing you need to own. And we all know how everyone
19:53
likes new shiny products. Bitcoin is the new asset here.
19:59
We like to think of it as, as you know, the perfect money.
20:01
But I will take the framing of calling everything else old
20:05
school assets. Nico Bloomberg calling
20:09
everything besides Bitcoin old school assets.
20:12
I mean. We're winning the narrative.
20:13
I keep telling you this, bro, we're winning.
20:15
You know that again, The change in administration, the
20:19
acceptance by BlackRock and these large institutions, this
20:23
is what winning looks like. And again, this isn't happening
20:27
because the people at Bloomberg all of a sudden hired Bitcoin
20:31
Maxis and those Bitcoin Maxis are, you know, the ones
20:34
reporting the news. No, this is happening because
20:38
Bitcoins incentives and Bitcoins characteristics, gold is scarce.
20:42
Bitcoin is absolutely scarce. When something that is scarce
20:46
competes with something that is absolutely scarce.
20:48
The thing is that the thing that is absolutely scarce is going to
20:52
out compete it over the long term.
20:54
And that is exactly what's happening now.
20:57
Gold has performed amazing I think the last 12 months or so.
21:01
People are freaking out. What about what's happening on
21:03
in the bond market? People are freaking about
21:05
inflation. But the reality is that look
21:09
bro, Bitcoin is just better. Bitcoin has outperformed for
21:13
gold for the last decade. Bitcoin is going to continue to
21:16
outperform gold for the next decade.
21:18
I think Bitcoin is going to take the market cap of gold.
21:22
That would put Bitcoin at roughly $1,000,000 per coin, and
21:25
then Bitcoin's going to go a whole lot higher than that.
21:28
I think that's the reality. It's absolute scarcity.
21:31
Gold has physical characteristics, meaning you
21:34
have to hire a security guard, you have to get a safe, you have
21:37
to go through all these hoops just to secure your gold.
21:40
With Bitcoin, you write down to 12 to 24 word seed phrase.
21:44
You put it down on paper, bomb, Bing bomb, boom.
21:47
It's it's just better. It's a superior asset, right?
21:50
Anyways. Guys, wait, wait, wait.
21:52
Nico, We got a great comment in the chat.
21:55
Doctor Daniel Howell goes. Nico sounds more like Max
21:58
Kaiser. Everyday Nico Kaiser.
22:02
I'll take it, I'll take it bro, I'll take it, I take.
22:05
I wish we had the sound board. Just remember.
22:08
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24:19
All right guys, we are back. But before we go on, I got to
24:23
remind you guys to like the video.
24:26
Hit that subscribe button on Rumble.
24:28
We will be doing more exclusive Rumble only content for you
24:32
guys, so make sure you guys are following us with the
24:36
notifications. OK Nico, the theme for today,
24:40
you know how I like to do themes for the show.
24:42
Everything is connected. We started the show with Arthur
24:45
Hayes basically saying, look, they're going to print a bunch
24:47
of money. It's going to $1 million.
24:50
Then we had Adam back say the same thing, $1,000,000.
24:53
That's easy. Then we have Bloomberg talking
24:56
about, hey, Bitcoin is the new kid on the block.
24:59
The narrative is shifting. The PTSD of 27 till rather 2020
25:04
is dying off. People are starting to feel good
25:06
about Bitcoin. We can feel the vibes here at
25:10
the Bitcoin conference in Las Vegas and then we got this
25:14
coming out this morning from the US Department of Labor
25:17
resigning, resending. Sorry, forgive me.
25:20
It's been a long couple of days. They're 2022 rule discouraging
25:24
Bitcoin in four O 1 KS. So I'm going to read this from
25:28
for you guys. We are on, I can't even read
25:30
this Nico dol.gov and this is Compliance Assistant release
25:35
number 202514 O 1K plan investments in quote
25:40
cryptocurrencies again from the US Department of Labor.
25:44
On March 10th, 2022, the Department of Labor issued
25:47
Compliance Assistant release number 20221 regarding 4 O 1K
25:52
plan investments in cryptocurrency.
25:54
This release memorializes the Department's decision to resend
25:59
the guidance in full. I repeat, they are nuking it.
26:02
The 2022 release directed plan fiduciaries to exercise I Quote
26:07
Extreme Care before they consider adding a cryptocurrency
26:11
option to their Four O 1K Plans investment menu for plan
26:14
participants. The standard of Quote Extreme
26:17
Care is not found in the Employee Retirement Income
26:20
Security Act and differs from ordinary fiduciary principles
26:24
there under. Prior to the 2022 release, the
26:27
Department had usually articulated A neutral approach
26:30
to particular investment types and strategies, and today's
26:33
release restores the Department's historical approach
26:36
by neither endorsing nor disapproving of planned
26:40
fiduciaries who conclude that the inclusion of crypto in a
26:43
planned investment menu is appropriate.
26:47
Nikko, I think Trump was right. You're going to get tired of
26:52
winning. We saw the SEC back down.
26:55
We see the Trump administration. Talking about.
26:58
I just want to hear you say I love Daddy Trump.
27:01
Say it Opti say it's OK. We're on Rumble bro.
27:05
They're already calling the status boot lickers in the
27:07
check. I love Daddy Trump.
27:09
I do love Daddy. Trump OK, there we go.
27:12
Back to the four O 1K thing, absolutely enormous, huge,
27:16
massive. I tried to do a, a bad Trump
27:19
impersonation. The reason I'm saying that is a
27:21
lot of people have 4 O1 KS. A lot of people have them.
27:26
And the fact that you weren't able to buy Bitcoin or let's
27:31
just say because a lot of people were offering this, but let's
27:33
say there was some regulatory hurdles and that would that
27:36
would scare people away from potentially using their four O
27:39
1K to invest into Bitcoin. The Trump administration is
27:43
keeping the word on their promise and saying, you know
27:46
what, listen guys, we're getting rid of all of Operation Choke .2
27:50
Point O. And one of that yesterday.
27:53
Exactly. And one of the things, by the
27:55
way, that you guys have to understand about Operation Choke
27:57
.2 Point O is that it wasn't one big regulatory move that they
28:03
did. It wasn't just one big.
28:05
Swipe of the pen. It was like death by 1000
28:09
regulatory. Cuts.
28:10
They're attacking the Bitcoin mining industry.
28:12
They were sabotaging banks left and right.
28:16
They were, you know, they destroyed Signature Bank.
28:19
It's come out. They did that on purpose.
28:21
They delayed the ETF, like the ETF launch was an absolute
28:27
embarrassment by Gary Gensler. So yes, the previous
28:31
administration, they had it out for our industry.
28:34
They're they arrested CZ, they arrested Arthur Hayes, they
28:38
arrested the samurai wallet developers.
28:41
A lot of those people, they Arthur Hayes got a pardon by the
28:44
president, right? We know this was law fair.
28:46
This was law fair that was conducted on President Trump
28:49
himself. The previous administration
28:52
wasn't actually doing this for consumer protection.
28:55
They wanted a monopoly for a central bank, digital currency,
28:59
full stop. That's exactly what Elizabeth
29:02
Warren has been advocating for. She's saying it.
29:05
She's like, I don't like Bitcoin, but I like CBDC's,
29:08
right? So yes, that this is the reality
29:10
of the situation and This is why, unfortunately, it is what
29:13
it is. Fiat politics are somewhat
29:16
important during this transitionary period from a Fiat
29:20
standard to a Bitcoin standard. So absolutely massive news.
29:25
Again, another win. Wait, Nico there?
29:28
Are we going to get tired of winning?
29:30
That's the question. I mean, I'm pretty tired today,
29:32
but not of winning. That's a totally different
29:34
conversation, Nico. I think one thing that is
29:36
interesting about this news of essentially, you know, not
29:40
picking winners and losers in 401K options is literally now
29:45
people are at the very least going to see it in their, you
29:48
know, Charles Schwab accounts or whatever.
29:51
You know, they're going to be able to at least see the option
29:54
that'll plant the seeds. And then once they take that
29:57
step, that's a lot of liquidity coming into Bitcoin.
30:01
And also, Nico, we, we might save the full story for you guys
30:05
tomorrow, but we saw Vanguard double down on them not wanting
30:10
their customers to get into Bitcoin.
30:12
So the pressure's on. Why would they have to double
30:15
down on this? It's because they know they want
30:17
Bitcoin. Look, we recommend and this is
30:21
what we do, you take Bitcoin into self custody, but for a lot
30:26
of people, they have no way of getting their capital into
30:29
Bitcoin. And if you have a four O 1K,
30:32
which we don't, you should probably be buying some Bitcoin
30:36
or you know, the ETF at the very least, it's going to outperform
30:40
everything. But Nico, I think this really
30:42
goes into I had a conversation with my Uber driver last night.
30:46
I was leaving the bugle event and, and you know, he's asking
30:49
me what I'm doing in Vegas. I, I was trying to avoid the
30:53
whole, I'm at the Bitcoin conference.
30:55
And then he asked me again. So I told him.
30:57
And his biggest criticism was it's just not safe yet.
31:01
No one, you know, no one uses it.
31:03
You know, what if people rob you, etcetera, etcetera.
31:07
It's looking like the tide is changing and now it's becoming
31:11
more normal. It's becoming just a thing that
31:14
you need to hold, even if it's one or two percent like
31:16
BlackRock tells you, you need to hold a little bit of Bitcoin.
31:20
At the very least, you need to get off 0.
31:23
This is the only way to win right now.
31:25
And now, Hey, I know I I talked to smack on the boomers sometime
31:29
on this show. I do love you boomers out there,
31:32
but the boomer money's getting ready to get deployed, Nico.
31:36
Maybe you can finally put to rest the perma bear.
31:41
Yeah, I mean, look, Bitcoin is I, I, I think it was the way
31:45
that David Bailey phrased it, right?
31:47
Like Bitcoin is going mainstream.
31:50
This is like what happens if your favorite band is going
31:53
mainstream? And, and, and I think that hits
31:55
a lot of Bitcoiners the wrong way.
31:57
And I think the reason it hits them the wrong way is because
31:59
they're so used to being the counterculture.
32:02
Bitcoin's not the the counterculture anymore.
32:04
You had the vice president of the United States literally
32:07
speaking on stage saying how much he loves the industry and
32:10
how the US government, the current administration, has the
32:13
intent of protecting the industry.
32:15
By definition, that's not the counterculture anymore.
32:17
We are now mainstream culture or we're on the verge of becoming
32:21
mainstream culture. So yeah, like, look, you're
32:24
going to have to get used to it. One of my favorite quotes from
32:28
Jeff Booth is one of the things about Bitcoin is that you're
32:31
going to have to be OK with even your worst enemy using Bitcoin.
32:36
And I'm not saying your enemies are boomers, but.
32:40
You know. I'm not saying that, but what
32:43
I'm trying to say the, the reason I said that quote is
32:45
everyone, including the people you don't like, including
32:49
governments, including institutions.
32:52
You know, North Korea's buying Bitcoin, Burma's buying Bitcoin,
32:55
El Salvador's buying Bitcoin, everyone can buy Bitcoin and
32:58
that's by design. Everyone could custody Bitcoin,
33:01
right? So yeah, I mean, look, if
33:04
boomers want to buy Bitcoin with their four O 1 KS, great.
33:07
What we personally recommend here at simply Bitcoin is it's
33:11
not real Bitcoin unless it's in self custody.
33:13
And you're doing yourself a disservice if your Bitcoin is
33:18
not in self custody, right? That's the reality of it.
33:21
But again, another victory by this pro Bitcoin administration.
33:26
They continue to show good faith and look, promises made,
33:31
promises kept. The only promise that I'm
33:33
waiting for that I want to see is Bitcoin was supposed to go to
33:38
the moon. That's what we have promised,
33:40
didn't. Say 150 K by first 100 days.
33:42
What happened? Bitcoin was supposed to go to
33:45
the moon. It has not gone to the moon yet.
33:47
I'm still waiting on that. Well, Nico, that was the last
33:50
thing before we, you know, wrap up our coverage here at Bitcoin
33:55
Las Vegas from the Rumble studio.
33:58
Hold on is the meme. Follow the money, show me the
34:02
money and the money is starting to get pointed at Bitcoin.
34:05
All roads lead to Bitcoin. Guys, you need to get off zero.
34:09
Stop sitting on the sidelines. Literally the biggest and
34:13
deepest pockets in the world are looking at Bitcoin or at the
34:17
very least opening the gate for you to flood in.
34:20
Take that as you will, it is going to get crazy.
34:23
Producer, play the last ad, please, and let's just chat
34:27
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36:29
Guys, we are back. It's been a long three days for
36:32
us here at the Bitcoin conference.
36:34
First of all, shouts out to the Rumble team for letting us use
36:37
their desk. So you can see I have to get my
36:39
coffee because your boys wreck. Nico, bro, I got to listen.
36:43
I got to say this like I absolutely love these guys at
36:47
Rumble. What they're doing, what they're
36:50
doing for free speech, you know, providing an alternative.
36:53
Oh my God. We got the uncle Rock star.
36:56
We got Uncle Rock Star in the house with presents the.
37:02
World Records. We are part of world.
37:04
Record what? What?
37:05
Yes. World record Did we break?
37:07
4000 transactions at in person event in eight hours we broke.
37:12
It 4000 transactions in an in person event in eight hours.
37:17
This has never been done in Bitcoin's history.
37:21
If this is not the culture, I don't know what is bro.
37:24
No and no. So Nico and Opti there in the
37:26
Guinness Book of World Records, right next to that guy with the
37:30
longest fingernails. So that's where.
37:32
We are. I love it.
37:33
I love it. I'll take it.
37:35
Listen. Also, I'm going to leave one of
37:37
my business cards with you here. Oh, wait, is that wait, is that
37:41
Fiat the. Wrong business card.
37:43
Business card? It's the business card, bro.
37:47
Would you mind if I rip your business card do?
37:49
You want more to RIP? Keep ripping.
37:51
You want to RIP together? I mean, this is fake money
37:54
anyways, right? Fake money.
37:57
This is fake money. This is fake money.
38:01
Did we just RIP this? Is this is fake?
38:04
Yeah, this is fake. Money.
38:05
This is fake. Money.
38:06
It's OK. It's OK to.
38:08
Red dollars are fake. This is fake stuff.
38:13
Oh man. Guys, this is uncle Rockstar,
38:18
the Rockstar dev on Twitter and he literally just came on his
38:22
show about a week ago and he he gave us a lot of love on the
38:28
show Nico. That's where he coined that we
38:30
are click baiting people into profits.
38:33
We're scamming you into profits here on simply Bitcoin.
38:37
Yes, we scam you into profits. We don't make any money from you
38:42
buying Bitcoin and you just, you know, Hoddle that number go up.
38:46
But man, I'm pretty hyped on these both cards.
38:49
This is crazy, dude. Let's go.
38:52
These are crazy. Let's.
38:54
Go. I got Senator Lummis, you got
38:56
Michael C Are we? Trading Are we trading?
38:59
Lummis. Let me get that Satoshi.
39:01
Satoshi bro. What do you want?
39:03
What do you have? Jack Dorsey and Sailor.
39:08
I'm good. Rug porn.
39:12
Rug porn. Senator Lummus, I've interviewed
39:15
and this is, you know, this. Is I want this is.
39:18
Doshi bro. That's cool, that's cool.
39:21
You know, anyways, let's go quick for the.
39:24
For the last 5 minutes or so, this has been, I would say, a
39:28
successful conference. So we've been working non-stop
39:33
the first day, 5:00 AM. For everyone out there that says
39:37
we don't work, that we need a job, we've been putting in 14
39:42
hour days here at the conference.
39:44
It's been. From 5:00 AM to like 10:00 PM at
39:47
night. Yeah, it's been pretty effing
39:50
wild. Yeah, guys.
39:52
And, and I just want to appreciate all you guys for
39:55
watching, for tuning in. We've been doing a Rumble
39:57
exclusive. Like I said, subscribe to us on
39:59
Rumble. We're going to be doing more
40:01
content exclusively on the Rumble channel.
40:04
Want to thank Rumble for allowing us to stream from the
40:06
booth as well. Absolutely love these guys, love
40:09
what they're building, love the platform.
40:11
And yeah, man, it's been great. The Freedom Conference, it's
40:14
winning. Like, if you were to compare
40:17
like the significance of what I call the slavery conference.
40:21
Davos, World Economic Forum and the Freedom Conference, The
40:25
freedom conferences. I don't know man, more people
40:28
are tuning in. I saw Fox Business, MSNBC
40:32
literally stream the whole speech of the vice president
40:37
like. Let's go.
40:38
Five years ago I didn't know it was less than that.
40:40
Like 6 years ago. I think they were doing the
40:42
conference in a parking garage, right?
40:44
I think it was like a picnic table.
40:46
It was like a picnic table. 2019 picnic table so 5.
40:49
Years later, five years later, vice President.
40:51
Imagine where we're going to be 5 years from now.
40:53
Bro some. Million.
40:55
Dollar Bitcoin $1,000,000. Bitcoin confirmed though Nico,
40:58
before we go, I do want to give Bitcoin Mag a shout out as well,
41:02
of course to David Bailey and putting on the conference guys.
41:05
This is why this conference is so important for the very reason
41:09
Nico just said. We are on all media.
41:13
This conference is so big, they can't ignore us.
41:16
We are taking over the world. The best money in the world is
41:19
catching on. Might be fitting to you know.
41:22
Get. I mean just hold.
41:24
On right this segment. Right.
41:26
This segment is called the culture though.
41:27
Are we the culture now? Is that what?
41:29
We're Morpheus. We are the culture now.
41:31
It's the culture like. When we become complain a.
41:34
Little bit I know we're trying to get out of here.
41:37
You said we're going mainstream bro and Bitcoin isn't counter
41:40
culture anymore. This is mainstream.
41:42
RIP RIP. Opti gets more views than Rachel
41:45
Maddow. It's done.
41:47
It's over. Opti is the new Rachel Maddow.
41:51
Well, I think it's. Optimus Field.
41:52
Migo, I think we got the she. Already has the glasses and
41:55
everything I. Think we got the same?
41:56
Haircut too, there. Same haircut.
41:59
Anyways, you know Mama, I made it.
42:07
Anyways, guys, if you guys enjoyed today's show, like I
42:09
said, smash the like button on Rumble, share the content on
42:13
Rumble, subscribe to us on Rumble, go watch us on Rumble,
42:17
go watch everyone on Rumble. We love you all.
42:20
We appreciate you all. We'll be back tomorrow streaming
42:23
from a little bit of a downgrade back back in our Airbnb and
42:27
we'll be back in Miami on Monday.
42:29
Guys love you all. Appreciate it.
42:30
Thank you guys so much. I'll see you guys next time.