Latest / Simply Bitcoin / Bhutan Reveals Massive Mining Bitcoin Stack | EP 1077

Transcript

Bhutan Reveals Massive Mining Bitcoin Stack | EP 1077 · Simply Bitcoin

• 0:20
  2016 But I also think there are Americans who are engaged in
• 0:26
  this kind of propaganda and whether they should be civilly
• 0:30
  or even in some cases criminally charged is something that would
• 0:35
  be a better deterrence because yo welcome to some of the
• 0:39
  Bitcoin live your number one source for the peaceful Bitcoin
• 0:41
  revolution of cover breaking news culturamatic warfare.
• 0:43
  We'll be your guide through the separation of money and straight
• 0:46
  streaming live from the unconfiscatable real world suite
• 0:49
  here at gold spake the gold spike in Las Vegas, NV courtesy
• 0:54
  of tone vase. ANYWAYS, starting off the cold
• 0:56
  opening with Hillary Clinton basically saying that any
• 1:00
  narrative, any information that is not officially approved is
• 1:05
  dangerous propaganda and that American be locked up for that.
• 1:09
  I mean that that contradicts completely what the 1st
• 1:12
  amendment is all about. I mean, it's we are heading to
• 1:16
  very dangerous territory where government officials, very
• 1:19
  powerful government officials, including Kamala Harris are
• 1:22
  saying the things along the lines of like, look like, you
• 1:25
  know, Elon Musk has too much power because of what he can
• 1:28
  because he controls Twitter. You know, it's, it's, it's a
• 1:31
  very slippery slope when government officials get into
• 1:35
  discussions about speech. And we've seen this play out
• 1:39
  throughout history over the last 100 years or so.
• 1:42
  It never ends well. Freedom of speech isn't perfect,
• 1:45
  but I would say that it's a much better alternative than a group
• 1:49
  of very powerful bureaucrats getting to decide what speech is
• 1:53
  OK and what speech is not OK. And then this brings me to the
• 1:56
  idea of central bank digital currencies.
• 1:58
  If they're not OK with you transacting information freely,
• 2:03
  what makes you think they're going to be OK with you
• 2:05
  transacting money freely? So I think freedom of speech is
• 2:09
  the front line for the, for the disintermediation of money and
• 2:13
  state. It is the disintermediation of,
• 2:15
  of state and information. So I think it's very important
• 2:18
  that we continue to highlight this because it's, it's pretty
• 2:21
  insane. And I got to say guys, and, and
• 2:24
  we have a very special guest to talk about this today.
• 2:27
  We're this is the first election, the election of 2024,
• 2:32
  this presidential election where depending on the candidate that
• 2:35
  gets into office that wins, it will have a impact on the
• 2:40
  regulatory environment for the Bitcoin industry in the United
• 2:44
  States. And that's something that as a
• 2:47
  Bitcoin podcasts or content creation or media company,
• 2:53
  however you would you would like to call us, it's something that
• 2:55
  we have to bring up. It's something that we have to
• 2:57
  talk about, right? And what I've seen, what I saw
• 3:00
  over the weekend, I was kind of being a little bit hyperbolic
• 3:03
  when I said, Oh my God, look, this, you know, the it's not a
• 3:06
  coincidence that the first Bitcoin presidential candidate
• 3:09
  was almost assassinated twice. You know, I said that half
• 3:13
  jokingly, but the responses surprised me a lot because a lot
• 3:17
  of people were basically saying like, oh, look, you know,
• 3:20
  Trump's not pro Bitcoin, Trump's pro crypto.
• 3:23
  And my responses were like, so what's the alternative exactly?
• 3:27
  You know, it's very clear to me, especially after RFK has, you
• 3:32
  know, gone out of the race, we have a pro Bitcoin candidate
• 3:36
  slash anti CBDC candidate versus a anti Bitcoin candidate slash
• 3:42
  pro CBDC candidate. So from my perspective, is it
• 3:46
  perfect? No, but if you use a little bit
• 3:48
  of common sense, it's very easy to, you know, to decide who you
• 3:54
  should put your support behind, specifically if you're a
• 3:56
  Bitcoiner or if you're a Bitcoin business owner in the United
• 4:00
  States. Anyways, no more delay.
• 4:01
  I do want to bring up McShane on to the stage.
• 4:05
  McShane is the director of programming for the Bitcoin
• 4:08
  Conference man, and you guys have done an incredible job.
• 4:11
  Bitcoin 2024 was I would say on par with Bitcoin 2021 in terms
• 4:18
  of historical milestones Bitcoin 2021 of course, was when Naimbu
• 4:22
  Kelly announced making Bitcoin legal tender in El Salvador.
• 4:26
  But you guys got an ex president, potentially a future
• 4:30
  president to speak at the Bitcoin conference and not to
• 4:33
  mention RF KS speech holy cow he he sounded like a maxi man.
• 4:39
  It was insane. It was crazy.
• 4:41
  So really, really happy to have McShane on the show today.
• 4:44
  How you doing, man? I'm.
• 4:45
  Doing well, man. Good morning, it's a beautiful
• 4:48
  day. Love to see this price action
• 4:50
  despite our political, you know, climate Right now.
• 4:53
  I'm just loving life man. Loving being a big corner.
• 4:58
  Absolutely. I think once you reach bitcoins
• 5:00
  then you have Bitcoin in self custody, you know, you feel
• 5:04
  protected. You're like, look, no matter
• 5:05
  what is going on in crazy clown world Fiat world, you know, life
• 5:12
  is getting progressively cheaper for me because I'm on a better
• 5:14
  unit of account. Absolutely.
• 5:16
  I want to bring up my legendary coast who's always optimistic
• 5:19
  streaming live from Dallas, TX. How you doing Opti?
• 5:22
  I am doing wonderful. I am having a little bit of FOMO
• 5:26
  because I'm not in Vegas right now, but hey, you know, Nika's
• 5:30
  got to keep me safe and away from the party, so I get how it
• 5:33
  is. But on that note, Nika drinking
• 5:37
  a root beer at 9:00 AM in the morning in Las Vegas.
• 5:39
  Love to see it. Love to see it when in Vegas.
• 5:44
  I mean, Speaking of speaking in Vegas, bro, I mean, there's
• 5:47
  going to be quite an event coming up next year, early next
• 5:51
  year in Vegas. And I'll be at that one.
• 5:53
  Yes, he'll definitely be at that one.
• 5:55
  May 27th through 29th Bitcoin 2025.
• 5:58
  I don't know how we're going to outdo ourselves from last year,
• 6:01
  but I promise you that we will. Let's go.
• 6:04
  I totally, totally believe it. Anyways, what are you going to
• 6:08
  talk about? Yeah.
• 6:09
  Well, before I get into the culture, I do kind of want to
• 6:11
  comment on that cold, cold open we saw in the morning.
• 6:14
  And I'm, I'm really going to troll it out because if, if
• 6:17
  Hillary does have her way, I am convinced that not only us, but
• 6:21
  every other Bitcoin podcaster is going to be in the gulags.
• 6:24
  So the gulags are going to be lit.
• 6:26
  I'm super excited to hang out with all my friends in the
• 6:28
  gulags because we are saying things that are very unpopular
• 6:33
  as far as the corporate press is concerned, or rather the system
• 6:36
  is concerned. So, you know, fingers crossed
• 6:38
  that we make it. Fingers crossed that we're cool
• 6:40
  enough to make it. But yeah, in in the culture, of
• 6:43
  course, we got McShane on today. So we're going to be talking
• 6:45
  about, of course, first and foremost, you guys got another
• 6:48
  epic event coming up in Amsterdam.
• 6:50
  So we'll cover the conferences in Amsterdam, Las Vegas, Abu
• 6:54
  Dhabi. And then depending on how much
• 6:55
  time we got, we're going to we're going to pick Mcshane's
• 6:58
  brain on just like alternative modes of living.
• 7:01
  I know you've been off the grid. You were telling me before the
• 7:03
  show you're like, dude, I'm completely checked out from the
• 7:06
  online narratives. So maybe we'll talk about that
• 7:09
  and then, you know, thoughts on the general culture.
• 7:11
  Noster, I know you really want to chat about Metaplanet as
• 7:14
  well. So we'll try to wrap all this
• 7:16
  stuff up in a, in a good short times sequence or else the show
• 7:21
  will go on for like 2 hours. But yeah, we got a, we got a jam
• 7:23
  packed show today. Yeah, we got we got loads of
• 7:26
  content so stay tuned guys. If you guys are enjoying the
• 7:28
  show so far, it really, really helps with the algos if you
• 7:31
  smash the like button. Also shout out to our audience
• 7:35
  on Rumble on Noster as well as ZAP dot Stream.
• 7:39
  Really, really love you guys appreciate it.
• 7:41
  We were, we were blown away the moment we got deplatformed and
• 7:44
  the fact that a lot of you got most of, I would say the vast
• 7:47
  majority of you guys followed us to alternative platforms and
• 7:51
  protocols was really broke our hearts and we really, really
• 7:54
  appreciate it. So we're going to continue to
• 7:56
  put a lot of emphasis, a lot of emphasis and a lot of work into
• 8:00
  alternative platforms like X and Rumble and alternative protocols
• 8:04
  like like Nostril where you can't get to platform period,
• 8:07
  right? And especially in this era of
• 8:09
  censorship, I think that is incredibly, incredibly
• 8:12
  important. Anyways, before we jump into the
• 8:14
  show, I do want to give a very special shout out to our lead
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• 9:10
  Let's hit the numbers. All right, everybody, I want to
• 9:20
  tell you guys about stamp seed. Usually when you buy yourself a
• 9:24
  hardware wallet, it comes with a piece of paper.
• 9:26
  Opti's showing the custom Simply Bitcoin stamp seed plate.
• 9:30
  It comes with a piece of paper, and what you're supposed to do
• 9:33
  is you're supposed to write down your seed words on that piece of
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• 10:14
  15% off anything on the website. At the time of recording the
• 10:18
  Bitcoin price is 60,820 sats per dollar 1644 block height 861,720
• 10:26
  blocks to having 188,280 having estimate March 26th 2028 total
• 10:32
  lightning network capacity 5045 BTC capacity value 370 three 107
• 10:38
  million realize monetary inflation continuing to take
• 10:41
  Fiat currencies to absolute school 1.346% market
• 10:45
  capitalization 1.2 trillion and Bitcoin versus gold market gap
• 10:50
  6.69%. Anyways, Trump held a a spaces
• 10:55
  yesterday with some shit coiners.
• 10:57
  I'll be honest with you. But again, I think the message
• 11:01
  that I want to hammer in home today is it's a two party
• 11:05
  system. You really only have two
• 11:07
  choices. You have the Biden Harris
• 11:12
  administration slash campaign that has shown us over the last
• 11:16
  two and a half, I would say 3 1/2 years, their outlook on the
• 11:20
  industry in the Democratic Party platform of 2024.
• 11:25
  It does not mention digital currencies or digital assets or
• 11:29
  crypto or Bitcoin. One time we know how Elizabeth
• 11:32
  Warren feels about the industry. She wants to create a monopoly
• 11:35
  for a central bank digital currency.
• 11:37
  And then if you compare and contrast that with not only what
• 11:40
  Trump said at the Bitcoin conference, but the Republican
• 11:44
  Party platform, it literally said verbatim, we'll protect the
• 11:48
  right to mine, we'll protect the right to self custody, and we'll
• 11:52
  end the, you know, the attack on the industry.
• 11:56
  It's pretty clear to me, but again, I understand some
• 11:59
  Bitcoiners, I empathize with them.
• 12:01
  I understand that, you know, a lot of people feel that Bitcoin,
• 12:04
  that Trump is not a, you know, a a pure Bitcoin maximalist, but
• 12:11
  it's not perfect. But you really only have two
• 12:13
  choices. One choice is pretty bad and one
• 12:15
  choice is much better. So here's a recap and shout out
• 12:18
  to Sophie for taking notes. So first, they brought up the
• 12:22
  campaign promise on crypto and Bitcoin.
• 12:24
  Second, the Biden Harris campaign will continue.
• 12:27
  This is a claim made by Trump. I believe it as well, just based
• 12:31
  on the actions that we've seen over the last couple months.
• 12:34
  For example, when the Crypto for Harris initiative was launched
• 12:39
  the same day the Federal Reserve sued one of the last friendly
• 12:44
  crypto slash Bitcoin banks in the United States.
• 12:48
  And I mean, don't pay attention to what they say.
• 12:51
  Pay pay attention to what they do right.
• 12:53
  So Trump claims Biden Harris campaign will continue to make
• 12:57
  crypto adoption or Bitcoin adoption more difficult, but he
• 13:00
  will leave us alone and help us thrive.
• 13:02
  That's also something that he promised at the Bitcoin
• 13:04
  conference, says that there's a learning curve that his kids
• 13:08
  understood right at the beginning that his kids,
• 13:10
  specifically Barron Trump is managing his wallets and has
• 13:14
  taught him. He says that the US has has to
• 13:16
  be #1 not only in Bitcoin slash crypto, but also AI and all
• 13:20
  technology. For that to happen, we need
• 13:22
  twice the electricity we already have.
• 13:24
  We cannot be left in the dust. He says that during his
• 13:27
  administration, they become the leader in the space and they'll
• 13:31
  do the same with crypto, AI and mining.
• 13:33
  This is when you tie what? What you OK?
• 13:36
  And then this is when I want to bring up my discussion that I
• 13:39
  had with Wicket, because I kind of did this like half jokingly,
• 13:44
  half serious. But the reality is that Trump
• 13:48
  has faced now two assassination attempts.
• 13:51
  I made the case that it's no coincidence that the first
• 13:53
  Bitcoin pro Bitcoin presidential candidate has had that happen to
• 13:58
  him. But to my surprise, there was a
• 14:01
  lot of people that felt very passionate about it,
• 14:03
  specifically a well known Bitcoiner in the community,
• 14:06
  wicked and he said they had a they have a pro Bitcoin, a pro
• 14:10
  crypto stance. That's a very, very different
• 14:12
  that's very, very different than a pro Bitcoin stance and shows
• 14:15
  how little they actually understand what's really going
• 14:18
  on. My first response to that is
• 14:20
  number one, do you remember the first year that you got into
• 14:23
  Bitcoin? Did you know the difference
• 14:24
  between Bitcoin and crypto? That's my first response.
• 14:27
  My second response and the reason I believe it's a bad take
• 14:30
  is it's fundamentally A2 party system.
• 14:33
  So you have a choice between a pro Bitcoin slash anti CBDC
• 14:37
  candidate and an anti Bitcoin slash pro CBDC candidate.
• 14:41
  And not to mention the fact that one of the candidates it has
• 14:45
  promise to free Ross. Is it perfect?
• 14:48
  No. Is it better?
• 14:49
  Absolutely. And I would say that if you're
• 14:52
  going down the purity test route, it's basically you want a
• 14:56
  continuation of the regulatory crackdown.
• 14:59
  And then I made a meme which Pierre Rashard and BK and a lot
• 15:02
  of predominant Bitcoiners liked or retweeted and I said, you
• 15:06
  know, it's like the bell curve meme right at the at the left it
• 15:09
  says Trump 2024 on the right it says Trump 2024 protect self
• 15:12
  custody free Ross pro Bitcoin anti CBDC right to mine and
• 15:16
  operation Trump .2 point O. And then the middle, the middle
• 15:19
  of the bell curve is Trump is pro crypto.
• 15:22
  He's not a maxi. So I'm going to be I'm going to
• 15:24
  keep doubling down on that, right.
• 15:26
  It's not a perfect system. It's a two party system.
• 15:29
  We don't have a, you know, a, a, a pure Bitcoin maxi president
• 15:37
  presidential candidate, but I would say it's much better than
• 15:41
  the alternative. And he's already shown good
• 15:43
  faith and he's already shown good faith by not only including
• 15:47
  it in the official Republican presidential policy, but also
• 15:52
  are the official Republican Nico wrong.
• 15:56
  Third party is Bitcoin. The third party candidate is RFK
• 15:59
  and he literally got out of the race and supported Trump.
• 16:03
  That's what I would say. And and another thing that I
• 16:05
  would say as well is because I think a lot of us Bitcoiners
• 16:07
  really fundamentally believe this because we read the
• 16:10
  sovereign individual and we believe in the thesis that over
• 16:13
  the long term, you know, the Internet and digital and Bitcoin
• 16:16
  specifically is going to make politics irrelevant.
• 16:18
  But right now, during the transitionary period, I think
• 16:22
  politicians and the regulatory environment can have a
• 16:25
  meaningful impact in the life of Bitcoiners in that specific
• 16:29
  jurisdiction. Specifically if you're a Bitcoin
• 16:32
  entrepreneur, if you're trying to build Bitcoin business, you
• 16:34
  don't want to build it in a hostile regulatory environment,
• 16:37
  which is why you see a lot of these lightning wallets leaving
• 16:41
  the United States like the and I and I saw a very powerful tweet
• 16:45
  and it was basically along the lines of there's three countries
• 16:48
  that have banned wall of Satoshi, China, North Korea and
• 16:52
  the United States. Like you don't want that.
• 16:54
  You don't want that at all, right?
• 16:56
  And I think Trump coming in, yes, you know, he he will bring
• 17:00
  a lot of all coinary for sure, without a doubt.
• 17:04
  But at the same time, he's going to leave that alone and he's
• 17:07
  going to allow Bitcoin to thrive.
• 17:09
  And Bitcoin doesn't need any special privileges or special
• 17:12
  advantages. It is superior money.
• 17:15
  It's going to win based on its own merit by itself.
• 17:18
  It just needs to be left alone, at least from a regulatory
• 17:21
  perspective. Now, does this mean that Bitcoin
• 17:23
  needs a politician for it to succeed?
• 17:26
  No, but I would say that does it mean that potentially the United
• 17:31
  States could get left behind from an innovative aspect, from
• 17:35
  a regulatory aspect, 100%. And if you're a Bitcoiner living
• 17:39
  in the United States, then yeah. I mean, this, this election
• 17:43
  coming up in 2024 will have a meaningful impact.
• 17:47
  And I think purity tests could potentially be dangerous.
• 17:50
  Anyways, I've been on a a little bit of a ramble here.
• 17:52
  I want to pass it on to McShane. McShane, you guys have done an
• 17:55
  incredible job at the Bitcoin conference getting not only RFK,
• 17:59
  but Trump and also members on the other side of the aisle as
• 18:03
  well. Ro Khanna, I hope I pronounced
• 18:06
  that correctly from the Democratic, from the Democratic
• 18:09
  side that have all been pro Bitcoin slash crypto.
• 18:13
  So I want to get your takes on this.
• 18:15
  I'm sure you have a little bit more insight on this.
• 18:19
  Yeah, I would say we we invite members of Congress from both
• 18:23
  sides of the aisle and they don't always show up.
• 18:25
  It's been hard to get them to show up.
• 18:27
  You know, Kamala turned us down in the 11th hour.
• 18:32
  I don't know. For me, it's not really, it's
• 18:34
  not really about these, these parties.
• 18:36
  I'm I'm a big orange party guy. I don't, you know, Full
• 18:39
  disclosure, I don't, I don't vote at all.
• 18:41
  I don't, I don't like our system.
• 18:43
  I don't I don't think that this experiment in like pseudo
• 18:47
  representative democracies worked out well, but there are
• 18:50
  certain advantages that the United States can accrue by
• 18:55
  putting leaders in charge to understand Bitcoin on some
• 18:59
  level. And I would say, you know, I'm
• 19:02
  also very disappointed and, you know, the Trump campaign's
• 19:05
  choice to launch about cryptocurrency.
• 19:08
  And but I at the same time, I think that some exposure to
• 19:13
  Bitcoin's better than none. And I still believe, you know,
• 19:17
  everything's good for Bitcoin. And the path to Bitcoin is
• 19:19
  through altcoins. It's always been that way.
• 19:22
  That's the origin story of most people probably watching this
• 19:26
  stream. They probably dabble.
• 19:28
  And I think they're going to get burnt real bad by this.
• 19:31
  I think, you know, Trump was been kind of on a down
• 19:35
  downstream since, you know, that the debate launching the crypto,
• 19:39
  it's just a bad look. I think it's going to backfire
• 19:41
  and hopefully they learn their lesson.
• 19:43
  I hope he gets, you know, some of these people out of his ear
• 19:45
  who are encouraging this sort of, I don't know, it's me, it's
• 19:50
  fraud. These these cryptos all make
• 19:51
  fraudulent claims. And you know, people are going
• 19:54
  to get hurt. So I'd like to see a return to
• 19:57
  Bitcoin. I still think the alternative's
• 19:59
  a lot worse. You know, this, this censorship
• 20:02
  regime of like the Democratic Party, I mean, we, we can't, we
• 20:07
  can't tolerate this. I, I don't think that would be
• 20:10
  good for Bitcoin at all. I think you'll see an exodus of
• 20:12
  Bitcoiners from the United States if Kamala gets elected.
• 20:16
  100% I, I 100% agree with that. And Opti, I mean, this is
• 20:21
  something that we've been talking about for quite a while
• 20:23
  now. We've been on the fence.
• 20:25
  We've tried to remain neutral. And I think what really was a
• 20:28
  breaking point for us was when the Samurai wallet guys got
• 20:33
  arrested. Then I felt like I got very
• 20:36
  passionate at that point. The attack on self custody, the
• 20:39
  proposed 30% Bitcoin mining tax, the the denial of Caitlin Long's
• 20:48
  federal banking charter for her bank Custodia Bank, even though
• 20:51
  it's fully Reserve Bank. All those things like it just
• 20:54
  kind of starts to add up. And then you have to start to
• 20:57
  question yourself. Like at what point do I speak
• 20:59
  up? At what point do I make my voice
• 21:01
  heard and say, you know what, like it's probably not a good
• 21:05
  idea that, you know, the current administration gets another four
• 21:09
  years just based on how they treated the industry.
• 21:12
  And I, I just want to be specific guys like if Kamala
• 21:15
  came out tomorrow and, you know, didn't say it through her
• 21:20
  subordinates, like didn't say it through the media, but it
• 21:23
  actually came out of her mouth. Like, you know, I'll protect
• 21:26
  the, you know, I'll protect self custody.
• 21:28
  I'll leave the industry alone. Then I think we would change
• 21:31
  stance on simply because I completely agree with McShane.
• 21:35
  Like this isn't red versus blue, liberal versus conservative.
• 21:38
  It's really the party of Fiat versus the party of Bitcoin.
• 21:42
  But the reality is that one party in the Fiat sense has
• 21:46
  played ball better and the other party has just been extremely
• 21:50
  hostile towards the industry as a whole.
• 21:52
  So and that's just a reality that we have to point out.
• 21:54
  Like, go ahead, Mitch, Shane. I was going to say, I just, I
• 21:58
  can't stop thinking about the, you know, custodia bank being
• 22:01
  denied a federal banking charter.
• 22:03
  I mean, people need to realize it's illegal in this country to
• 22:05
  run a bank with four reserves. You have to take unsecured loans
• 22:10
  from citizens, risk them on the market and and socialize your
• 22:14
  loss to that's that's status quo.
• 22:15
  That's the law, insanity, insanity.
• 22:19
  And that what that tells me is that that system is completely
• 22:21
  unviable. Do not trust those people with
• 22:23
  your money. Instead, learn to use Bitcoin
• 22:24
  well in self custody and and go that direction.
• 22:27
  You're going to you're going to have a lot more prosperity and
• 22:29
  try to mess around with these banks. 100% I, I 100% agree with
• 22:34
  that. And, and I think it also shows
• 22:35
  like, and I think it was like a, a Cameron or Tyler Winklevi,
• 22:39
  like the way that he was describing it in a tweet thread
• 22:41
  where he's basically making the, the case that like the Federal
• 22:45
  Reserve is positioning itself on a regulatory level, on a, on a
• 22:49
  legal level where they have the final say to approve what bank
• 22:54
  in the United States has the ability to bank anyone that has
• 23:00
  any type of relation or interaction with the Bitcoin
• 23:04
  slash crypto industry. So it's kind of like an
• 23:07
  unelected bureaucracy because we don't elect the head.
• 23:12
  The chairman of the Federal Reserve is basically has a
• 23:17
  literal choke point. And they're the deciding factor
• 23:21
  of what banks are allowed to interact with the industry and
• 23:24
  what banks are not allowed to interact with the industry.
• 23:27
  And then you could also make the case that central banks have the
• 23:31
  most to lose if our industry succeeds.
• 23:33
  So it's kind of like, why would you like that?
• 23:36
  Doesn't make any sense. It's not allowing innovation,
• 23:40
  which is what originally America was based on, right?
• 23:43
  This idea of individualism, meritocracy, innovation.
• 23:47
  But it seems like it's been going away from that.
• 23:49
  Opti, we've been covering this for a couple months now.
• 23:53
  It's not surprising at this point.
• 23:55
  It's quite disappointing for my as a first generation American.
• 23:59
  That's how I'm interpreting it. What's your take?
• 24:03
  Yeah. Well, First off, I do want to
• 24:04
  mention that today is a very important day in regards to the
• 24:08
  Samurai case. It's their first hearing, so
• 24:11
  let's wish the best for them and and I think this is going to set
• 24:14
  a huge precedent, so hopefully we get some good news coming out
• 24:17
  of this. With that being said on the
• 24:19
  other news, you know I said this the other day we were getting
• 24:24
  trolled by our by everyone's favorite cat in the chat and he
• 24:27
  was saying are we still single issue voters now that Trump is a
• 24:30
  shit coiner? And I responded with basically
• 24:33
  the same thing we just said. Well we still have on one side
• 24:36
  one that is anti Bitcoin pro CBDC and the other one that I
• 24:40
  guess now is more pro shit coin and pro Bitcoin.
• 24:43
  So all roads are going to lead to Bitcoin adoption.
• 24:47
  Either they're going to try to fight Bitcoin and it's going to
• 24:50
  accelerate the adoption of Bitcoin, or we get four more
• 24:53
  years of cover and Bitcoin gets to do its thing.
• 24:55
  And hopefully Trump actually holds up his, you know what he's
• 24:59
  saying where he's going to allow the industry to prosper, because
• 25:02
  we've been saying it for a long time that America, if they want
• 25:06
  to stay in a position of power, will have to adopt Bitcoin.
• 25:09
  And it's, it's the most sensible move right now.
• 25:12
  It's don't fight the industry. This industry is good for the
• 25:14
  people. And I think that's the the most
• 25:17
  important thing right now. And as much as Trump getting
• 25:20
  into shitcoins is definitely disappointing.
• 25:22
  I again, I remember when I got in the Bitcoin, I didn't really
• 25:25
  know much about Bitcoin. So he's still in his learning
• 25:28
  curve. We can't expect him to just
• 25:30
  instantly get into Bitcoin or announce some pro Bitcoin
• 25:33
  policies and go full maxi. But as McShane said, and as the
• 25:37
  meme goes, the best way to become a Bitcoin maxi is by
• 25:40
  getting burned with shitcoins. So all roads lead to Bitcoin.
• 25:43
  But even with that said, if you're still on the fence of
• 25:47
  Kamala versus Trump, like, yes, the Trump family is seemingly
• 25:51
  going down the shit coin path, but at least they're not
• 25:55
  advocating for stealing your Bitcoin for them, fighting
• 25:57
  freedom of speech for them, taking away your firearms,
• 26:00
  introducing price controls. So there's a lot of things going
• 26:04
  on behind the scenes that yes, I know Niko, he says single issue
• 26:07
  voters, but there's a lot of things that if Kamala gets back
• 26:10
  in power is going to really affect not only Bitcoin, but the
• 26:14
  freedom movement that we are a part of.
• 26:16
  So I think it's all good for Bitcoin.
• 26:20
  And really, like I was saying in that tweet is like, yeah, Trump
• 26:24
  may be going bullshit coin now, but hey, at least they are going
• 26:28
  pro crypto. And we all know what shit coins
• 26:30
  really do. They just play cover.
• 26:32
  They're just smokescreens for Bitcoin.
• 26:33
  So if we have one side that's more pro crypto, then Bitcoin's
• 26:37
  going to very obviously win on that front.
• 26:39
  And you know, for all the free market Maxis out there that are
• 26:43
  complaining about it's like, let Bitcoin win and you know, you
• 26:47
  know, let let them unleash all of the shit coins out there, Let
• 26:50
  them unleash the the floodgates and on on that front, Bitcoin
• 26:54
  will prove itself to be the best.
• 26:56
  I mean, I joked a while ago when the SEC approved the ETF that
• 26:59
  like, oh, no, sorry, when they approved the ETF that is now
• 27:03
  Gary Gantz, they're going to prove all the shit coin ETF's
• 27:06
  and just open the floodgates and wreck the wreck the citizenry
• 27:09
  out here. And I'm like, game on.
• 27:11
  Let's go like this sounds fun. Bitcoin's going to win And you
• 27:15
  know, as much as what we do is try to protect people from
• 27:19
  wrecking themselves and just going into Bitcoin, you know,
• 27:22
  people want to gamble and and you play stupid games, you win
• 27:25
  stupid prizes. And so I think they're going to
• 27:28
  learn. But one of the biggest things
• 27:29
  that did come out of that space is the fact that Eric Trump is a
• 27:32
  huge Michael Saylor fan. So maybe they're still in their
• 27:36
  learning curve, but at least there's a lot of good signal out
• 27:39
  there. So hopefully, like I've said
• 27:40
  again in the past, all the time on this show, that now when you
• 27:44
  get into Bitcoin, your education is accelerated because there is
• 27:49
  so much good signal. There is a lot of good content
• 27:52
  out there to get people to the pro Bitcoin stance and hopefully
• 27:56
  get to become a Bitcoin maxi. But yeah, man, you know, I'm not
• 28:01
  a fan of stable coins and I'm here for Bitcoin.
• 28:04
  I'm not here to perpetuate the dollar.
• 28:06
  But yeah, they're going through their learning, their learning
• 28:09
  paces here. But eventually, eventually, once
• 28:12
  the Trump's become Bitcoin Maxis, they're gonna become the
• 28:15
  most toxic Maxis. So I am here for it.
• 28:19
  Yeah, absolutely. I mean there is a learning
• 28:20
  curve. I mean I don't wanna say that as
• 28:22
  an excuse, but I will say based on the two party system and the
• 28:27
  two choices, I think it's very clear if you use a little bit of
• 28:30
  common sense anyways, I do want to give a shout out to the 986
• 28:34
  of you guys watching live between YouTube and X and of
• 28:38
  course, the 100 or so of you guys watching live on rumble 20
• 28:42
  of you guys watching live on ZAP dot stream.
• 28:43
  If you guys are enjoying the show so far, make sure to smash
• 28:47
  the like button really really helps the algos or ZAP of some
• 28:50
  sass. That would be nice too anyways
• 28:52
  guys stay tuned. We have a lot of content loaded
• 28:54
  for you guys. Let's hit the news.
• 28:56
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• 31:12
  Anyways, I do want to continue the conversation.
• 31:15
  We were talking about the Trump's earlier.
• 31:17
  McShane, you did want to bring up a quick note on Eric Trump.
• 31:23
  Yeah, I think, I think a lot of Bitcoiners, I was just reading
• 31:25
  through the chat just kind of throw up arms like this is the
• 31:28
  way it is. You know, we're we're in Eric's
• 31:30
  ear trying to re steer this ship that's kind of gone awry.
• 31:36
  I'm working with him. Other Bitcoiners are working
• 31:38
  with him. He does claim to be best friends
• 31:40
  with Sailor, so I'm sure Sailor is working on him as well.
• 31:44
  That's not that's not an endorsement.
• 31:47
  You know, I wouldn't go out and necessarily vote for these
• 31:49
  people just just because of that.
• 31:51
  But but there's hope. We don't have to be all, you
• 31:53
  know, pessimistic about about both parties.
• 31:56
  I think everyone comes around eventually and we're going to
• 31:58
  see, you know, we're going to see that bright orange future
• 32:00
  that we've been looking forward to.
• 32:01
  Absolutely 100% agree. I think everyone has to pay
• 32:05
  their price of tuition. And just just keep in mind what
• 32:10
  like with Sailor and with Trump and Trump's family, they're
• 32:17
  going through the, they're paying their price of tuition
• 32:20
  and paying their dues, but they're public figures.
• 32:23
  But I would just ask you guys, do you remember the first year
• 32:27
  that you were in Bitcoin? I've been doing this for quite a
• 32:29
  long time. 99% of Bitcoiners, 99% of Bitcoiners that I've met
• 32:35
  have all gone through a shit coin phase.
• 32:37
  This is the fact. Like I've seen it happen over
• 32:40
  and over and over again. And then it's only by burning
• 32:43
  their finger on the metaphorical stove is that when they come to
• 32:47
  the realization that, you know, Bitcoin is different, Bitcoin is
• 32:50
  king, right? So I'm not trying to make
• 32:52
  excuses, but I'm also trying to be a realist.
• 32:55
  Like, you know, these aren't God like figures, like these aren't,
• 32:57
  you know, these are human beings after all.
• 33:00
  And it's going to help a lot if Trump gets elected and he knows
• 33:07
  that a lot of that support, either from the donor base or
• 33:11
  from the voter base came from the community.
• 33:13
  That's going to give him more of an incentive to pay attention to
• 33:18
  what's going on. That's my two sats on the
• 33:20
  matter. But anyways, I do want to pivot
• 33:23
  the conversation a little bit on two really, really bullish
• 33:26
  things. I believe Opti talked about this
• 33:28
  yesterday. If you want to know, if you want
• 33:33
  to know why, if you want to know why the legacy media went
• 33:40
  absolutely bonkers and when the IMF also went, got very upset as
• 33:46
  to why El Salvador made Bitcoin legal tender.
• 33:49
  Even though if you take a look at the GDP of El Salvador, which
• 33:52
  is only 32 billion. To put that in perspective, Elon
• 33:56
  Musk's Elon Musk's net worth is like 250 billion, right?
• 34:01
  So El Salvador's GDP is only 32 billion.
• 34:03
  So it's a very, it's a, it's a, it's a small country, it's a
• 34:06
  developing country. As a Hispanic myself, someone
• 34:10
  comes from originally from Venezuela.
• 34:11
  I'm looking at El Salvador and I see inspiration, I see hope,
• 34:15
  right? But the reason that the media
• 34:19
  was so hell bent on attacking them, the reason that the IMF
• 34:22
  was so hell bent on attacking them is because all of a sudden,
• 34:28
  if these developing countries have an alternative to the IMF
• 34:33
  loans, it starts to become very difficult to control them.
• 34:38
  And I think that's fundamentally what it boils down to.
• 34:42
  Naimbu Kelly wrote a very famous piece for Bitcoin magazine.
• 34:46
  It was called don't drink the elites kool-aid.
• 34:48
  In that article, he made the case that their most important
• 34:51
  weapon was their control on the truth, right?
• 34:55
  And that they're willing to do everything to keep that control.
• 35:00
  And if you connect the dots with the Hillary Clinton cold opening
• 35:04
  kind of explains a lot of things, right?
• 35:07
  I think that if you control money, if you have this unique
• 35:09
  ability, which governments have to create money for free that
• 35:12
  everyone else has to work for, that comes with a tremendous
• 35:15
  amount of influence and power. And, you know, obviously the
• 35:18
  powers that be don't want to let that go.
• 35:20
  So I, I found this inspirational.
• 35:23
  Naimbu Kelly posted financial independence announcement on
• 35:27
  Independence Day. And not to mention the fact
• 35:30
  talking McShane was talking about Caitlin's Caitlin Long's
• 35:34
  bank, how it is a fully reserved bank and it was denied a federal
• 35:38
  banking charter. One of the things that El
• 35:40
  Salvador did was that they made their Bitcoin reserves public
• 35:46
  and that's in stark contrast with how gold reserves are run.
• 35:52
  We haven't seen a video or a picture of the United States
• 35:57
  gold reserves since the 1970s. We have to take the United
• 36:02
  States government's word for it, El Salvador said.
• 36:06
  You know what, we're going to make our reserves public.
• 36:10
  And when when they do that, they make it very difficult for any
• 36:14
  politician to skim a little. Bit off the top.
• 36:18
  And if you compare that with how other countries treat their gold
• 36:22
  reserves, it's in stark contrast.
• 36:24
  One is of transparency, one is of accountability, and one one
• 36:29
  is of trust me, bro, we're going to do the right thing, right?
• 36:33
  And the whole ethos of Bitcoin is don't trust verify.
• 36:36
  Now, what makes me really bullish, and this is what I want
• 36:38
  to focus on today's episode is it seems like El Salvador isn't
• 36:42
  the only country that is moving along with this Bitcoin
• 36:46
  strategy. We've been talking a lot about
• 36:49
  the Kingdom of Bhutan. The Kingdom of Bhutan is a very
• 36:52
  small country in the Aegis in the Himalayas that has a
• 36:56
  tremendous amount of hydroelectric power capability
• 37:01
  because it has such a small population.
• 37:03
  But because it has so much hydroelectric power capability,
• 37:07
  it has a lot of excess energy. And Bitcoin miners love that
• 37:12
  because excess energy means that it's cheap.
• 37:15
  Excess energy means that it's not being used.
• 37:18
  So that's where Bitcoin miners come in and they become the
• 37:21
  buyer of last resort. And this is another kind of
• 37:24
  follow up article to the Kingdom of Bhutan, something that we've
• 37:27
  been covering over the last couple of months.
• 37:28
  First piece of news was that bit deer, a publicly traded Bitcoin
• 37:33
  mining company in the United States, actually partnered with
• 37:36
  the small Kingdom to to increase their mining capability from I
• 37:42
  think I believe it was 100. I'm I'm going to butcher the the
• 37:47
  electricity thing. So I don't want to say that, but
• 37:52
  anyways, they increased their their mining capability from
• 37:57
  100. Here we go.
• 38:00
  Here it is because I don't want to, I don't want to butcher
• 38:03
  this, here we go. So they increased their mining
• 38:05
  capability from 100 megawatts to 600 megawatts, meaning they
• 38:10
  added 500 megawatts of mining capability despite the halving
• 38:16
  going around the corner. And that's an indication of the
• 38:21
  how they feel about the future price appreciation because they
• 38:24
  wouldn't make that type of investment without feeling
• 38:28
  optimistic about, you know, Bitcoin's future.
• 38:32
  So here's an article dropped by our friends over at Bitcoin
• 38:35
  Magazine written by our boy Nicholas Hoffman.
• 38:40
  And the headline is Bhutan's Bitcoin Holding Revealed the
• 38:44
  Kingdom owns $780 million in BTC from mining.
• 38:49
  It goes on to say South Asian country Bhutan, a Buddhist
• 38:53
  Kingdom on the Himalaya Himalayas eastern edge, has been
• 38:56
  revealed as a major Bitcoin holder, owning 13,011 BTC,
• 39:01
  around $780 million, according to a report by Arkham
• 39:06
  Intelligence. The public data company
• 39:09
  identified Bhutan's Bitcoin address, marking the first time
• 39:12
  this information has been shared publicly.
• 39:15
  Bhutan is the 4th largest government with Bitcoin holdings
• 39:18
  on our platform with over $700 million in BTC.
• 39:23
  Unlike most governments, Bhutan's BTC does not come from
• 39:26
  law enforcement asset seizures, but from Bitcoin mining
• 39:31
  operations, which has ramped up dramatically since early 2023.
• 39:35
  We have satellite photos here that goes on to say Bhutan's
• 39:40
  Bitcoin mining activities are conducted by the kingdoms
• 39:42
  investment arm Duck Holdings. According to Arkham, the country
• 39:46
  has constructed mining facilities at multiple sites,
• 39:49
  with the largest on the grounds of the defunct Education City
• 39:52
  project. Markham further noted.
• 39:55
  Quote we were able to collab corroborate the timeline of on
• 39:59
  chain mining activity with the time lapse time lapse satellite
• 40:03
  imagery of facility construction.
• 40:05
  That is so freaking cool. By the way, in May 2023, bit
• 40:09
  dear partnered with drug holding and investments to develop the
• 40:12
  100% carbon free Bitcoin mining operation of Bhutan.
• 40:16
  I mean. Like this is awesome.
• 40:19
  This is so cool. The way that they were able to
• 40:22
  do this research and see the mining facilities built out.
• 40:26
  And another thing, Bhutan has been quite humble about this and
• 40:30
  I, and I believe it has to do with the press's reaction to the
• 40:33
  industry as a whole. It they've been keeping this
• 40:36
  under wraps. They haven't really been saying
• 40:37
  anything. This has been third parties
• 40:40
  doing research into Bhutan, but it isn't Bhutan advertising
• 40:44
  that, hey, we're mining Bitcoin. And I just got to say, this is
• 40:47
  in stark contrast to what Western countries are doing, not
• 40:51
  only in the United States, not Texas.
• 40:53
  Texas is great, but let's say the overall federal, federal
• 40:57
  regulatory, our environment, let's say they haven't been, you
• 41:01
  know, the friendliest towards the industry.
• 41:04
  But if you take a look at Norway, Norway bans Bitcoin
• 41:08
  mining and the price of electricity for residents went
• 41:11
  up like 20 or 30%, right? So I'm really bullish on
• 41:16
  developing countries adopting Bitcoin.
• 41:19
  And we're seeing that. And it's not only El Salvador
• 41:21
  that has been quite vocal about it, but it's also been these
• 41:25
  very small countries in Asia that I would say most people, if
• 41:30
  you tell them where is Bhutan on the map, they would not be able
• 41:32
  to tell you they've been mining Bitcoin.
• 41:35
  I think this is a trend that's going to continue.
• 41:37
  I'm very bullish on Bitcoin mining, Bitcoin mining and
• 41:41
  Bitcoin adoption in developing countries in South America and
• 41:46
  in Southeast Asia, and I suspect that trend will continue.
• 41:49
  Anyways, I'm going to pass it on to McShane.
• 41:52
  McShane, what are your thoughts on this?
• 41:53
  It's not surprising at all, man. Like honestly, if you understand
• 41:56
  Bitcoin's incentives, you understand that this has always
• 41:59
  been inevitable. Yeah, it takes just a few people
• 42:02
  and a few touch points to kick off initiatives like this.
• 42:06
  Just to go back, I mean, following up on on El Salvador,
• 42:11
  it's amazing to see kind of on the nation state level, the the
• 42:15
  prosperity that a nation can accrue and the changes that it
• 42:18
  makes to it's sort of livelihood.
• 42:20
  Just like we all have had, you know, Bitcoin affect us
• 42:23
  personally and sort of change the way we live.
• 42:26
  You know, in in the beginning who Kelly ran on infrastructure
• 42:29
  and security. And I think what you're going to
• 42:31
  see over the next year is an announcement to help boost that
• 42:34
  GDP, which is going to take the form of goods and services
• 42:38
  produced in El Salvador that are free of the poisons that our
• 42:42
  corporations have invaded all of the global S with.
• 42:47
  You're going to see corner stores with blue and gold
• 42:48
  branded, you know, tooth toothpaste, free of toxins,
• 42:52
  everything, just anything to bring that economy back home.
• 42:55
  And and you'll see this country begin to behave more and more
• 42:58
  like a truly self sovereign nation that they won't need to
• 43:02
  be dependent on IMF loans, which is the best we can hope for.
• 43:05
  And this, this is a, you know, El Salvador has its faults, Boo
• 43:09
  Kelly as well, but this is there are big rays of hope there.
• 43:14
  And I think it's going to be a positive example for for
• 43:17
  countries around the world. A. 100% I, I 100% agree with
• 43:21
  that outlook. Opti, what's your take on this?
• 43:23
  I mean, we've been covering this for quite a while, man.
• 43:26
  It's not surprising at this point, Opti.
• 43:30
  Yeah, no, I mean, I think the most, there's two points to me
• 43:33
  that the that are the most interesting one kind of doing or
• 43:36
  jumping off. What McShane was saying is once
• 43:40
  you get off off those touch points and you fully dive into
• 43:43
  the Bitcoin space, like there's no going back.
• 43:45
  And so you just love to see that the Kingdom of Bhutan again,
• 43:48
  another relatively unknown country just getting put on the
• 43:52
  map because of their Bitcoin strategy plays.
• 43:55
  And let's not forget that we wouldn't have even known that
• 43:57
  Bhutan was mining Bitcoin if they didn't get caught up in a
• 44:00
  bankruptcy and it got exposed. So like they probably still
• 44:03
  would have been mining secretly. And so that really makes you
• 44:07
  think of what other nations are out there doing something
• 44:10
  similar, what other corporations are at least trying to keep it
• 44:12
  hush hush and individuals doing something very similar.
• 44:15
  And so to me, that's one of the most interesting aspects about
• 44:18
  the Bhutan news is that they're just doubling down.
• 44:21
  They expanded their mining supply and now they're just
• 44:24
  continuously stacking and mining Bitcoin.
• 44:26
  So you just love to see it. But the second point is the idea
• 44:30
  that there's only two countries in the world that have gotten
• 44:33
  their Bitcoin ethically, and that is El Salvador and the
• 44:36
  Kingdom of Bhutan. El Salvador obviously buying
• 44:38
  Bitcoin, one Bitcoin a day for I forget how long it's been now, a
• 44:42
  year or so. And then of course, you know,
• 44:45
  going on to a Bitcoin reserve strategy playbook.
• 44:49
  And then the Kingdom of Bhutan by mining their Bitcoin.
• 44:52
  Every other government that currently holds Bitcoin is
• 44:55
  because they took it from theft. They, they, they stole it from
• 44:59
  their citizens. And this is where we are right
• 45:01
  now. And so I think it really reminds
• 45:03
  me of that Satoshi quote. And I always butcher it.
• 45:05
  But as an honest actor, it pays more to just follow the rules of
• 45:10
  Bitcoin, to stack Bitcoin, to mine Bitcoin.
• 45:13
  And only times going to show whether these countries are
• 45:16
  correct and whether they're going to make it and whether
• 45:18
  it's going to actually improve their nations and their
• 45:20
  economies. And so you just love to see it
• 45:23
  like the signal has gotten out there and now everyone is waking
• 45:26
  up to the idea that not only is Bitcoin a mature asset that you
• 45:29
  need some, but it's a viable solution to the problems that we
• 45:33
  all face, which is there's nothing else to store your value
• 45:35
  in. Yes, you can store your value in
• 45:37
  gold. You know, the other hard money
• 45:39
  out there, yes, it just hit all time high, but it's basically
• 45:43
  been going sideways for what I don't know, like 50 years or
• 45:46
  something like that. And so gold for for all intents
• 45:49
  and purposes is a stable coin at this point.
• 45:52
  It's just going sideways. It's holding your value.
• 45:55
  Treasuries are looking like they're going up in smoke and
• 45:58
  more people are moving away from treasuries, especially when you
• 46:01
  talk about all the stuff going on in the BRICS nations.
• 46:04
  And then no one in their right mind is trying to save in
• 46:06
  dollars if they understand what's going on.
• 46:08
  And so the only solution here, again, all roads lead to
• 46:12
  Bitcoin. There is no alternative.
• 46:14
  You need to hold some Bitcoin. You have to hold some Bitcoin if
• 46:17
  you want to survive what's coming in the future.
• 46:19
  And it's not like some dystopian future thing.
• 46:21
  It's just math that the system that we are a part of needs to
• 46:25
  inject more Fiat into the system to keep it going.
• 46:29
  And that means everyone else is getting poorer, that's holding
• 46:32
  dollars. And so everyone is looking for a
• 46:33
  solution. And yes, of course, it's going
• 46:35
  to start with these tiny countries at first because they
• 46:38
  don't have as much to lose, I would say, than the US or other
• 46:44
  first world Western countries. But I think soon enough, again,
• 46:48
  going back to the Titanic meme that I use all the time, it
• 46:52
  takes a lot more to turn these countries around and make them
• 46:55
  pivot than it does a small, nimble country.
• 46:57
  And so you just love to see that El Salvador and the Kingdom of
• 47:00
  Bhutan are being nimble on their feet and they are stacking
• 47:03
  Bitcoin. They are trying to save in
• 47:05
  Bitcoin. And I think in the future, these
• 47:07
  are going to be very important historical data points to show
• 47:10
  that these were the smartest countries, the people that were
• 47:13
  in power at this time. Others should follow suit.
• 47:17
  And then, you know, we go back to the whole election stuff in
• 47:19
  the US and we have one side fighting us and one side going
• 47:22
  full shit coin. So it's just interesting times
• 47:25
  all around in regards to Bitcoin adoption.
• 47:28
  But all roads lead to Bitcoin, so it's good to see.
• 47:31
  And I think in 2025, we're going to see even more interesting
• 47:34
  news stories come out in the same regard. 100 percent 100%
• 47:38
  all right everybody stay tuned there's 1280 of you guys
• 47:42
  watching live just between YouTube and X and a couple 100
• 47:46
  of you guys watching live between rumble and ZAP stream.
• 47:49
  If you guys are enjoying the show, make sure to share the
• 47:51
  show like smash the like button really, really helps with the
• 47:54
  algos. Stay tuned because we're going
• 47:56
  to talk to Mick Shane about the Bitcoin conference about about
• 48:01
  the noster. We're going to talk about about
• 48:03
  him being unplugged from the matrix, so to speak and living
• 48:08
  off grid a little bit. So I'm really excited to to
• 48:11
  explore this conversation. So stay tuned.
• 48:13
  We're going to hit the culture. Here we go.
• 48:27
  All right, everybody, I do want to give a shout out to our
• 48:29
  sponsor, the Orange Pull app Stack friends who stack SAT's
• 48:32
  join the 12,233 Bitcoiners that are currently on the app.
• 48:36
  The Orange Pull app is the Bitcoin social layer.
• 48:39
  So if you're on the go, if you're travelling, you're going
• 48:42
  to a new city, perhaps you're in a city for a Bitcoin conference,
• 48:45
  and perhaps the Bitcoin conference is only two or three
• 48:47
  days, but you're there for a week.
• 48:48
  The Orange Pull app is for you. It's the number one resource for
• 48:51
  Bitcoin only events. It allows you to DM bitcoiners
• 48:54
  that are around you. So it tells you geographically
• 48:57
  the bitcoiners that are around you and it'll it'll give you the
• 49:00
  ability to send them a message directly.
• 49:02
  It's also one of the best ways to reach me if you want to
• 49:05
  contact me. I don't really answer Twitter or
• 49:07
  emails these days. You could you could contact me
• 49:09
  via the orange pull out. So to get started, scan the QR
• 49:13
  code on your screen or check the link in the video description.
• 49:17
  Man, I'm so excited to have McShane on the show first.
• 49:20
  I do want to give him a little bit of credit bro, because the
• 49:23
  Bitcoin conference, dude, you guys absolutely freaking crushed
• 49:27
  it. It was incredible.
• 49:30
  Trump's speech was historic. RF KS speech was historic.
• 49:35
  I definitely believe in my heart that it was a milestone in
• 49:40
  Bitcoin's history. And I know a lot of people were
• 49:42
  just like, dude, RFK's speech was better than Trump's speech.
• 49:44
  And I'm like, dude, RFK is independent.
• 49:47
  Trump is running from a mainstream political party.
• 49:49
  It's a little bit different, but I think you guys did a fabulous
• 49:53
  job on that. And I know that you guys are not
• 49:56
  stopping and you guys have future plans in regards to more
• 50:01
  conferences and more programming upcoming.
• 50:04
  So very, very excited for that. Yeah, it's thanks, man.
• 50:09
  It's, it's getting wild out there.
• 50:11
  We're looking at 4 conferences in the upcoming year.
• 50:15
  You know, we're looking at Las Vegas.
• 50:16
  We've got Abu Dhabi down the line in December.
• 50:20
  We've got, of course, Bitcoin 2025 in Vegas and Amsterdam.
• 50:26
  They already mentioned Vegas. Yeah, we're going to Amsterdam
• 50:28
  here in a couple of weeks. I'm pretty excited for that.
• 50:32
  And then we'll be back in Hong Kong and Asia, man.
• 50:34
  So we're just kind of doing what we can to support Bitcoin
• 50:38
  adoption globally and just set, set roots and plant seeds
• 50:41
  wherever we can. Absolutely.
• 50:44
  And I think that I think the conference really move what what
• 50:48
  I experienced as a Bitcoin content creator is something
• 50:51
  that I called the Bitcoin echo chamber, which is bitcoiners
• 50:54
  create content for other bitcoiners.
• 50:57
  How you move the envelope is getting people that are popular
• 51:02
  in the mainstream to talk about Bitcoin.
• 51:05
  I I one of the, one of the, one of the things that went most
• 51:08
  viral and it was from the Bitcoin conference and it was,
• 51:12
  it was a comedian and he was basically identifying the fact
• 51:16
  that like a lot of most of the world's problems, you can
• 51:20
  literally you can identify the root cause.
• 51:24
  And the root cause of that is the government's ability to
• 51:27
  create money for free. It's it's Fiat money.
• 51:29
  And I forget what his name is Opti.
• 51:31
  I don't know if, if, if you can remember off the top of his
• 51:33
  head, off the top of your head, it was very Dave Smith, exactly,
• 51:37
  very famous comedian. And he was on a panel with I
• 51:40
  believe American Hoddle was on that panel as well.
• 51:42
  Is that correct, McShane? I don't think American Huddle
• 51:46
  was on that one. I'm sorry.
• 51:48
  I can't recall who else was on the panel.
• 51:49
  But yeah, Dave Smith has been really, really big into this
• 51:53
  sort of libertarian narrative and really critical of, you
• 51:56
  know, the government at president and really friendly to
• 51:59
  Bitcoin, which we love to see. But I would like to point out
• 52:01
  it's it's super fun. Like I have a really, really fun
• 52:05
  job which is trying to bring new people into Bitcoin.
• 52:08
  I know people, you know, come to a conference and they want to
• 52:10
  see just bright orange across all stages and just tried and
• 52:14
  true Maxis. And there is definitely there is
• 52:17
  definitely a a place for that. And that's a beautiful thing.
• 52:19
  But the way that we, as you said, insert Bitcoin into more
• 52:24
  and more of the daily lives of people is taking some risks,
• 52:28
  bringing in new people and educating them through their
• 52:31
  participation in these, in these events and discussions and
• 52:35
  getting them to meet, you know, all the folks that are, you
• 52:38
  know, in the, in the comments showing up to these, showing up
• 52:41
  to these events. And just just those touch
• 52:44
  points, man, that's that's what it's all about.
• 52:46
  So we're going to, yeah, we're going to see this is going to be
• 52:49
  really interesting to go to Abu Dhabi and the MENA region, I
• 52:54
  think because this is like the the gold bug capital of the
• 52:58
  world. You know, we've got a lot of
• 53:00
  work to do there. We've got a lot of people to to
• 53:03
  convert there. And Bitcoin is, you know, halal.
• 53:06
  It's the most Islamic form of money.
• 53:07
  And we have a mission to prove that to these people and get
• 53:10
  them to experiment with Bitcoin and try it. 100% and and just to
• 53:15
  just to specify, it was Mark Moss and Guy Swan that was on
• 53:20
  that panel with, with Dave Smith and it was it it.
• 53:24
  And it's incredibly important with what you're saying,
• 53:26
  McShane, because it's like when you bring in Russell Brand, when
• 53:29
  you bring in these creators that got famous not by not through
• 53:34
  Bitcoin, but they just got famous through the mainstream.
• 53:37
  When they tell their audience, when they turn to the audience
• 53:40
  and they say, you know, Bitcoin fixes a lot of these things, it
• 53:43
  carries a lot more weight, right?
• 53:45
  That's how you break the Bitcoin echo chamber.
• 53:48
  I think you guys were incredibly successful at that at this
• 53:51
  year's conference with getting comedians like Dave Smith,
• 53:56
  getting people like Russell Brand, getting people like RFK,
• 53:59
  getting people like Trump. And then you guys are expanding
• 54:02
  it, right? You guys are expanding to the
• 54:05
  Middle East as well. And what I'm most bullish about
• 54:08
  is because it's coming up, it's right around the corner is
• 54:11
  Bitcoin Amsterdam. By the way, you can use promo
• 54:14
  code McShane to get 10% off your tickets.
• 54:17
  Could you tell us a little bit about what you what you guys
• 54:19
  have, maybe some some exclusive Intel for the simply Bitcoin
• 54:24
  audience? Some exclusive Intel.
• 54:27
  I think First off, I'm very, very excited.
• 54:31
  This is going to be the coolest production and Bitcoin mainstage
• 54:36
  you all have ever seen, guaranteed.
• 54:39
  It's going to be absolutely insane.
• 54:40
  I don't know if people saw what we did last year in Amsterdam.
• 54:43
  It's two or three times as epic. And I can't wait to give these
• 54:48
  big corners, you know, panelists, you know, these
• 54:50
  fireside chats and keynotes, the the love and the production
• 54:54
  quality that they deserve because they're on the world
• 54:56
  stage now. And you know, we, we have to
• 54:59
  scale to suit them because they're, they're absolute
• 55:02
  superstars coming out. And I think it's a really
• 55:05
  important event for Europe. I mean, we just see increasingly
• 55:10
  hostile Bitcoin policy and and frankly freedom policies that
• 55:16
  are that are gunning to take away yourself sovereignty and
• 55:19
  take away freedom of speech across countries in Europe.
• 55:22
  And we we have to have a response to that.
• 55:26
  It's very important to be there and to send our message and to
• 55:29
  make new friends and make new bit corners out of these people.
• 55:33
  100% I think it's, it's incredibly important that you
• 55:36
  have to plant the flag and you have to make your, your, your
• 55:41
  voice heard. 100% You can't just give up on, on a, on a specific
• 55:46
  continent specifically. Like, and I would, and I'll be
• 55:48
  honest, like, like we're complaining about the US, but
• 55:50
  like Europe has gone like, like right behind China, like
• 55:55
  straight up so and, and, and, and you know, I'll, I'll even
• 56:00
  say something, I'll say like, I don't think if people were fully
• 56:03
  informed and were fully aware, I don't think they, they would go
• 56:07
  along with it. I think governments are taking
• 56:10
  advantage of the fact that people are not fully informed on
• 56:14
  Fiat and fully informed on Bitcoin.
• 56:18
  And that's how they're kind of sneaking in these dystopian
• 56:23
  totalitarian regulations because I think if they fully
• 56:28
  understood, they wouldn't go along with it.
• 56:31
  That's my two sats on the matter.
• 56:33
  And I do want to ask Opti have Sally dancing in front of me and
• 56:37
  it's distracting. I do want to ask Opti.
• 56:41
  Opti, you have dated Christine Lagarde in the past.
• 56:44
  What did you do to her for her to feel so vengeful that she's
• 56:51
  cracking down in Europe? Well, I pulled the card that
• 56:56
  hurts women the most, and it's when you don't commit to them.
• 56:59
  So I didn't fully commit. I tried.
• 57:01
  I, you know, I did the best I could.
• 57:03
  I wore a few silk scarves, but I just wouldn't give her
• 57:07
  commitment. And that's why she's so spurned
• 57:09
  out there. But yeah, you know, it is what
• 57:11
  it is. So my, my dating life is not
• 57:13
  what's on blast here, Nico. So let's ignore that.
• 57:16
  But I do want to mention one thing in regards to what McShane
• 57:20
  was saying before we go into some of these other topics and
• 57:22
  wrap up today's show. Nico and I, I were sitting at
• 57:25
  actually, we were texting back and forth while we were watching
• 57:27
  the DNC. And the production was
• 57:30
  incredible at the conference. It was like a Hollywood
• 57:34
  production. And I think a week or so before
• 57:38
  there was a Libertarian conference and we were
• 57:41
  mentioning like, man, that like simply Bitcoin could have done a
• 57:44
  better job at at doing the stream.
• 57:46
  And then we were kind of also joking about that the RNC
• 57:50
  production just wasn't up to par with the DNC production.
• 57:53
  And that's like, I think people underestimate how important it
• 57:57
  is to have really good production at these events.
• 57:59
  So it is like it is an experience.
• 58:01
  And so again, kudos to you, McShane.
• 58:03
  And I'm glad that you guys are are, are seeing the same things
• 58:07
  we're seeing. And like, we got to make sure
• 58:08
  that this show that this is an experience.
• 58:11
  So yeah, I can't wait to see what the live stream and stuff
• 58:14
  like that. I'm not going to be in
• 58:15
  Amsterdam, Nico. Well, let me go to Amsterdam,
• 58:18
  but maybe next time. Maybe next time.
• 58:20
  Nico, I did see you pulled up Vegas, so you want to, you want
• 58:23
  to touch on that real quick. Yeah, absolutely.
• 58:25
  So there's a couple conferences coming up for for BTC Inc.
• 58:31
  Of course there is the Amsterdam that's coming up in October.
• 58:35
  There is, there is Abu Dhabi that's coming up in December, I
• 58:40
  believe. And there is the Bitcoin 2025
• 58:44
  conference that is happening at the Venetian in Las Vegas May
• 58:50
  27th to the 29th. My birth, No, I don't want to
• 58:53
  dox my birthday, but let's just say it's around that time.
• 58:56
  So it's the it's, it's around that time.
• 58:59
  I didn't give you the exact date, but could you tell us a
• 59:02
  little bit about why you guys? So you guys were in Miami, which
• 59:06
  was awesome because I didn't have to get on a plane and you
• 59:09
  guys were doing the conference in my hometown.
• 59:11
  And it was kind of surreal, like seeing the Bitcoin conference
• 59:15
  literally right where I grew up. And you guys decided to pivot to
• 59:19
  Nashville, which was incredible. Great venue, great attendance.
• 59:23
  I would say Bitcoin 2021 and Bitcoin 2024.
• 59:28
  I would say Bitcoin 2024 went up that which is like, I don't, I
• 59:32
  don't know how that's possible because 2021 was historic in in
• 59:36
  my books. I thought the meme was that the
• 59:39
  price crashes on the conferences.
• 59:40
  What's going on here? Do price is noise, But the point
• 59:44
  is though, is that from a from a milestone from a milestone
• 59:48
  aspect and from breaking the Bitcoin echo chamber.
• 59:51
  It was it was huge. I think what you guys
• 59:54
  accomplished at 2024, but you guys have Bitcoin 2025 coming
• 59:58
  up. If Bitcoin continues its its
• 1:00:01
  price cycles, it should be the year of the bull market.
• 1:00:04
  So everyone should be very, very hyped and you guys decided to
• 1:00:08
  move it from Nashville to Las Vegas.
• 1:00:10
  So it it you it changed a little bit from staying in Miami.
• 1:00:14
  I think you guys stayed in Miami a couple years.
• 1:00:16
  To changing from Nashville to Las Vegas, what was the
• 1:00:20
  motivations behind that and what can you tell us?
• 1:00:23
  What do you have in store for Bitcoin 2025 McShane?
• 1:00:28
  Look, we got to take this show on the road.
• 1:00:29
  We need to plant seeds all over the world and that's kind of our
• 1:00:32
  that's kind of our mission here. I can tell you Vegas is going to
• 1:00:37
  be the world's largest Bitcoin conference.
• 1:00:39
  We're going to break our three previous records for holding
• 1:00:42
  that. And I'm excited to go to a
• 1:00:44
  completely new region and new city for me and kind of embrace
• 1:00:48
  the irony of Bitcoin as this, you know, speculative, you know,
• 1:00:52
  gamblers asset and just just really lean into it and onboard
• 1:00:58
  new people, man, get them excited about Bitcoin.
• 1:01:00
  Show them the the prosperity that Bitcoiners have enjoyed the
• 1:01:03
  past few cycles and and and get them hyped.
• 1:01:06
  Could you tell us anything? Could you, could you, could you
• 1:01:09
  give us a little little sneak peek about Bitcoin 2025 in
• 1:01:14
  Vegas? By the way, promo code McShane
• 1:01:17
  is, is is available if you guys want 20 and and by the way, it's
• 1:01:21
  early bird tickets. So you'll, you'll be getting a
• 1:01:23
  very special deal on the Vegas tickets.
• 1:01:25
  Could you, could you tell us, McShane, could you drop us a
• 1:01:27
  little nugget? Oh, can I drop you?
• 1:01:31
  How do we outdo ourselves? Look, I've got I've got 2 events
• 1:01:34
  until then so. Fair enough, fair enough, fair
• 1:01:39
  enough. But our track record speaks for
• 1:01:43
  itself. I think I this is already
• 1:01:45
  tracking to be the world's biggest Bitcoin conference.
• 1:01:47
  Those early bird tickets are key.
• 1:01:49
  I mean, you know, go ahead and get some, get some for your
• 1:01:51
  friends and family. It's not going to be one you're
• 1:01:53
  going to want to miss. We are on the level where there
• 1:01:57
  is no one on earth that we can't get in touch with and have a
• 1:02:00
  conversation about coming to speak at these conferences.
• 1:02:02
  And that is kind of our mission right now.
• 1:02:04
  It's just like who are the most important people that need to
• 1:02:07
  get on board to help protect your rights, not only at here at
• 1:02:10
  home in the United States and not just from a political
• 1:02:13
  perspective, but from a cultural perspective as well.
• 1:02:16
  So I think you're going to see bigger speakers.
• 1:02:19
  I think you're going to see, you know, amazing production and
• 1:02:22
  just, it's just a good time, man.
• 1:02:24
  It's, it's not even just our conferences.
• 1:02:26
  Like have you ever been to a Bitcoin conference where you're
• 1:02:28
  like, wow, that was, that was not a good time.
• 1:02:30
  No, these are people who think like you.
• 1:02:32
  We're living our day-to-day lives just having these
• 1:02:34
  conversations about Bitcoin. A lot of people in their heads.
• 1:02:37
  If you're out in a rural area or you know, a small town, there's
• 1:02:40
  not many Bitcoiners. Maybe your family doesn't get
• 1:02:42
  it. It's very important to get out
• 1:02:45
  and kind of network and spend time with Bitcoiners in real
• 1:02:49
  life. And it's, it's very affirming.
• 1:02:51
  It it it, it really makes you feel that, you know, I'm not
• 1:02:54
  wrong, I'm not crazy. This is this is really not only
• 1:02:58
  the future, but the present. And you could absolutely opt out
• 1:03:00
  with Bitcoin and, and these are the events that makes it make it
• 1:03:03
  happen. I would also add these are the
• 1:03:07
  best places to get jobs in the Bitcoin, if you want to call it
• 1:03:11
  an industry in Bitcoin in the world.
• 1:03:13
  I can't even name how many great companies in the space have been
• 1:03:16
  started at our events or how easy it is to meet people and
• 1:03:19
  start a project on the ground at the events.
• 1:03:21
  So I think if you're looking to exit a Fiat career, this is this
• 1:03:25
  is the best quote, UN quote job fair in the world for that.
• 1:03:29
  I completely agree. I completely agree.
• 1:03:32
  On that point, Nico and I didn't meet at Bitcoin Miami, but Niko
• 1:03:37
  literally came to me and was like, yo join simply Bitcoin and
• 1:03:40
  I'm like. At Bitcoin, at Bitcoin 100%, if
• 1:03:44
  you're trying to get a job in the industry, this is this is
• 1:03:46
  where you network. This is how you meet the right
• 1:03:49
  people. Before we move on, McShane, I do
• 1:03:51
  want to highlight this because I think this is the first, you
• 1:03:54
  guys are doing a Bitcoin conference in the Middle East,
• 1:03:57
  specifically in the United Arab Emirates in Abu Dhabi, December
• 1:04:01
  9th and 10th. So it is this year.
• 1:04:04
  What motivated you guys to do that?
• 1:04:06
  You were mentioning earlier about them being huge gold bugs.
• 1:04:10
  Do you think that they can transition to seeing Bitcoin as
• 1:04:13
  the new gold? That's my personal goal is to
• 1:04:16
  get as many people on stage destroying gold bugs as possible
• 1:04:23
  and to, to, to, to get them to allocate, you know, something of
• 1:04:27
  their crazy Arabian royalty net worth into, into Bitcoin.
• 1:04:31
  But along with that, this is a very exciting event because this
• 1:04:34
  is one day after the F1 race. We're working on a, a
• 1:04:38
  partnership with them. You know, one of the most
• 1:04:41
  viewed, you know what we call it spectator events in the world.
• 1:04:45
  There's going to be a number of really highly influential global
• 1:04:49
  leaders and leaders from North Africa and in the Middle East.
• 1:04:52
  There we're talking heads of state.
• 1:04:55
  We're talking some of the wealthiest individuals and
• 1:04:59
  families and and royalty in the world.
• 1:05:01
  And I think I think it's going to make quite the statement and
• 1:05:05
  it's long overdue. To my knowledge, there hasn't
• 1:05:07
  been a really large Bitcoin only conference there, there, there,
• 1:05:11
  there a lot of crypto, there's a lot of extended bloated
• 1:05:15
  bureaucracy in the region. And I think our message just
• 1:05:19
  will speak truth, truth to power in that area in a way that's
• 1:05:23
  very refreshing for, for for people who live there, people
• 1:05:26
  who are looking for an alternative way to live.
• 1:05:29
  Absolutely spreading the Satoshi gospel guys.
• 1:05:32
  By the way, you can use promo code McShane again, McShane to
• 1:05:36
  get 10% off any of these conferences.
• 1:05:39
  Highly recommend the Bitcoin 2025 and of course, Amsterdam.
• 1:05:43
  That's coming up. And if you live in the Middle
• 1:05:45
  East, Abu Dhabi, the United, the UAE is is is is a beautiful
• 1:05:50
  country. You've never been there before,
• 1:05:52
  highly developed, very, very nice Dubai, Abu Dhabi, very,
• 1:05:56
  very nice cities and and definitely worth the journey of
• 1:06:00
  the the pilgrimage. Anyways, I do want to pivot the
• 1:06:02
  conversation. I want to take advantage of the
• 1:06:04
  last couple minutes of the show. Nick, Shane, you were talking
• 1:06:06
  about earlier before we went on air and you actually mentioned
• 1:06:09
  it when you were talking about the conferences, this idea of
• 1:06:12
  unplugging, right? This idea of I think 2024 has
• 1:06:17
  been this year of of course, nostril, taking off AI, taking
• 1:06:22
  off the Twitter algos, being highly manipulative and
• 1:06:27
  psychological and getting into your fields and just getting you
• 1:06:31
  like kind of in the fold. But you're talking about like
• 1:06:34
  this idea of unplugging. You're talking about this idea
• 1:06:36
  of just like, you know, like I, I've achieved bitcoins and I
• 1:06:40
  know my bitcoins in cold storage.
• 1:06:42
  I'm OK. I know my future generations are
• 1:06:44
  OK. My life is on track.
• 1:06:47
  I don't really have to be on social media.
• 1:06:48
  I don't really have to be on the web.
• 1:06:51
  So could you talk a little bit about that?
• 1:06:52
  Because I think people are getting their dopamine receptors
• 1:06:57
  completely hijacked by these very, very sophistic, very
• 1:07:02
  sophisticated algorithms. Yeah, I think a lot of people,
• 1:07:08
  you know, we spend all day evangelizing for Bitcoin and and
• 1:07:11
  pushing people to hold it in self custody.
• 1:07:15
  But a not too much conversation around what do you actually do
• 1:07:18
  with your Bitcoin in your time, You know, several cycles in, I
• 1:07:22
  think a lot of people will relate to this.
• 1:07:24
  You start, you know, feeling pretty comfortable.
• 1:07:26
  Life life is pretty easy. You're playing life on on cheap
• 1:07:29
  mode by holding Bitcoin and you need to find new challenges and
• 1:07:35
  ways to push yourself. And I think one of them is
• 1:07:38
  breaking up with these. You have these basically drugs
• 1:07:42
  that are being served to you all day through your food and
• 1:07:44
  through through the endlessly entertaining algorithms, the
• 1:07:49
  centralized platforms. And I found myself at one point
• 1:07:53
  really almost living in service of these, you know, got to catch
• 1:07:57
  the next news quick. Got to make a tweet about this,
• 1:07:59
  got to produce more content. And I didn't feel good, didn't
• 1:08:03
  feel good in my body, didn't feel good in my mind.
• 1:08:06
  Got super into no sur where it was a lot more value for value
• 1:08:11
  and not virtue for value. You know, people sending Bitcoin
• 1:08:14
  around on the web and they they, they really appreciate it when
• 1:08:17
  you're your authentic self. And you know, I think the less
• 1:08:21
  time you spend on these sort of centralized platform platforms
• 1:08:27
  that are serving you up likes all day, the the better you're
• 1:08:29
  going to feel in your body. I think that's obvious intuitive
• 1:08:33
  to a lot of us, but actually doing it is, is really hard.
• 1:08:37
  You know, removing those apps from your phone, setting down
• 1:08:40
  the phone, spending more and more time outside, soaking up
• 1:08:42
  the sun all day is I think just an infinitely better way to
• 1:08:46
  spend your time that is that's on par with a Bitcoin lifestyle.
• 1:08:52
  Like that is a worthy way to spend your time, your energy,
• 1:08:55
  and your Bitcoin. Everyone has to make those
• 1:08:57
  decisions for themselves. There's a lot of nuances, but
• 1:09:00
  but I'm kind of all in on that. I'm trying to move my life in a
• 1:09:03
  direction that is, you know, completely free of these, these
• 1:09:08
  addictions that have really snuck up on us as a society.
• 1:09:11
  100% they're, they're, they're, they're digital drugs, like
• 1:09:15
  really like I, I, I really see it as that, like they, they're
• 1:09:18
  able to hijack your receptors in your brain with these
• 1:09:22
  algorithms. And before you know it, you
• 1:09:24
  spend a ridiculous amount of time on these apps when there's
• 1:09:29
  a, you know, there's sunshine outside, there's grass to touch,
• 1:09:32
  there's experiences to be had, right?
• 1:09:34
  So anyways, we are getting to the top up of the show.
• 1:09:36
  McShane, I do want to give you the floor if you have any final
• 1:09:39
  messages for the 1442 people that are watching us live
• 1:09:44
  between YouTube and X and then of course the couple 100 that
• 1:09:48
  are watching us between Noster and Rumble.
• 1:09:50
  What would those final words be? I would encourage all of you, if
• 1:09:55
  you haven't already to give Noster a shot if you tried it,
• 1:09:58
  you know, a year and a half ago, come back and see where we are
• 1:10:02
  now and maybe even tune into this stream on ZAP dot stream
• 1:10:06
  next time and give it a watch. It's amazing.
• 1:10:08
  You don't give up any user data using most of these clients, not
• 1:10:12
  at all. Only the information you choose
• 1:10:14
  to serve up. You can operate anonymously.
• 1:10:16
  You know, it's a free and open source protocol and you're going
• 1:10:19
  to find yourself not being served basically engagement
• 1:10:25
  drugs all day. You're going to have the freedom
• 1:10:27
  of algorithmic choice. You know, we've got a long way
• 1:10:31
  to go to make these platforms as easy and intuitive as the other
• 1:10:36
  centralized ones with mega, you know, inflation funding.
• 1:10:41
  But we're getting there, man. They're they're they're they're
• 1:10:44
  extremely powerful and it's extremely fun to be in a
• 1:10:47
  basically a niche new community. It's like finding Bitcoin in
• 1:10:49
  like 2010. I I 100% agree with that because
• 1:10:54
  I recently went through a deep platform deplatforming
• 1:10:59
  experience and it wasn't until then that I realized the
• 1:11:03
  importance of Noster protocols over platforms. 100% agree.
• 1:11:10
  And then going down the nostril rabbit hole and figuring out how
• 1:11:14
  to properly post content there. And by the way, shout out to
• 1:11:18
  everyone that's helped Walker America, the CEO of Primal.
• 1:11:22
  I'm going to butcher your name, bro.
• 1:11:24
  I'm sorry, Kiran and the rest of you guys have helped me through
• 1:11:28
  this kind of Nico 2016 Bitcoin newbie question experience.
• 1:11:34
  I appreciate you all and we're going to continue putting all of
• 1:11:37
  our content on there because I really, really believe in the
• 1:11:40
  future of the protocol. So Alex McShane, thank you so
• 1:11:44
  much for joining us on simply Bitcoin Live Today.
• 1:11:46
  Really, really appreciate it guys.
• 1:11:48
  Today was September 17th, 2024. This is simply Bitcoin live.
• 1:11:52
  I'm your host Nico is my legendary Co host Optimus Fields
• 1:11:54
  and our guest for today McShane, director of programming for BTC
• 1:11:59
  Inc and the Bitcoin conference. Love you all.
• 1:12:02
  If you guys enjoyed the show, make sure to smash the like
• 1:12:04
  button, consider subscribing and share this content.
• 1:12:07
  That's how we get the message out there.
• 1:12:09
  Tomorrow we'll be live again from the I'm going to butcher
• 1:12:14
  this if I don't read this The real World Unconfiscatable Suite
• 1:12:18
  here in Las Vegas, NV with Tone Vase.
• 1:12:21
  So stay tuned for that episode. Until then, love you all, go
• 1:12:24
  touch some grass and we'll see you on the next one.
• 1:12:29
  To you buy bitcoinwell.com, a Bitcoin only platform on a
• 1:12:32
  mission to enable financial independence.