Latest / Simply Bitcoin / "Bitcoin Will Hit $5 Million Per Coin" | EP 929

Transcript

"Bitcoin Will Hit $5 Million Per Coin" | EP 929 · Simply Bitcoin

• 0:03
  It's. All going to zero against
• 0:06
  Bitcoin. It's going up forever.
• 0:16
  You're against Bitcoin. You're against freedom.
• 0:24
  Yeah. Welcome to another episode of
• 0:25
  Simply Bitcoin Live. We're the number one source for
• 0:27
  the peaceful Bitcoin revolution. Curb Breaking News.
• 0:30
  Culture. Matic Warfare.
• 0:31
  We will be your guide through the separation of money and
• 0:34
  state. We have a lot to talk about,
• 0:37
  ladies and gentlemen Seem Wait, hold on.
• 0:39
  Let me see if the YouTube stream is going up.
• 0:44
  Opti seems like the oh, there we go.
• 0:46
  YouTube is here. Seems like we're having some
• 0:48
  some technical issues, but now we're OK Guys, welcome to the
• 0:52
  most watched Bitcoin Daily live show.
• 0:55
  Simply Bitcoin. For anyone who's new to the
• 0:57
  channel, Welcome, welcome. We are your number one source
• 1:00
  for the peaceful revolution guys.
• 1:02
  Look, we like to give our viewers what they want to watch.
• 1:06
  And we did an episode last week where we covered a high profile
• 1:13
  person, and that high profile person said that the Bitcoin
• 1:18
  price was going to hit, you know, a certain price by a
• 1:21
  certain date. Now, us as simply Bitcoin, we
• 1:24
  don't like to speculate. So what we'll do though, is
• 1:28
  we'll lay out the case for you guys, We'll pull out the
• 1:31
  receipts and, you know, we'll we'll try to determine as to why
• 1:38
  these people believe that, you know, Bitcoin's gonna hit $5
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  million per coin, which obviously, you know, you guys
• 1:45
  know our own biases. You know, we wouldn't do this
• 1:48
  every single day if we didn't believe Bitcoin eventually was
• 1:50
  gonna hit 5 million. But there is logic behind it.
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  This isn't just, you know, drawing lines on a chart, which
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  we don't do. There is logic behind this type
• 2:01
  of thinking. And that's what we're gonna
• 2:04
  break down on today's episode. How is Bitcoin gonna hit
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  $5,000,000 per coin? Because we hear that all the
• 2:11
  time, right? But who's saying this?
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  Why do they believe this? How is that going to happen?
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  We're going to get to all that in a second.
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  And just to remember, guys, you know back in when Bitcoin was
• 2:24
  first starting, this thing was less than a dollar in
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  20/10/2011, right? Look at where we are now,
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  $51,000, right? So if you use that same type of
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  mentality and you look into the future, if you couldn't believe
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  that Bitcoin was going to hit $50,000 per coin in 2010, what
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  makes you think you're going to, how are you going to wrap your
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  head around a $5,000,000 Bitcoin, you know, 10 years from
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  now, right? Or 15 years from now?
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  How are you going to do that? Right?
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  So anyway, so we're going to get into that discussion.
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  I'm really, really excited about it and of course during the
• 3:04
  during the number segment, we're going to have a quick update for
• 3:07
  you guys on the Bitcoin Spot, Bitcoin Spot ETF, which
• 3:10
  continues. They continue to gobble up
• 3:13
  enormous amounts of Bitcoin and also we have a problem in front
• 3:19
  of us. It's not really a problem, but
• 3:21
  it's the battle of our time. It's the battle of our
• 3:25
  generation and I and I've really kind of like I and and and you
• 3:28
  know, you go down the Bitcoin rabbit hole, your facial hair
• 3:32
  gets longer and you start to coming, start to come to these,
• 3:37
  you know, these inevitable conclusions, right.
• 3:40
  And one of those inevitable conclusions is yes, it's not
• 3:43
  left versus right. It's not red versus blue, you
• 3:47
  know, it's green versus orange. We've already established that.
• 3:50
  But another thing that we have to establish is, guys, we really
• 3:54
  have to break the echo chamber. We really have to move the
• 3:58
  Overton window. We really have to educate the
• 4:01
  masses on inflation because like the government, you know, they
• 4:06
  say they're bringing inflation down.
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  You know, there's a couple misrepresentations there, right?
• 4:11
  It's like just because you bring in inflation down doesn't mean
• 4:14
  that prices are going to go back to where they were before.
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  But the most important topic and discussion that we have to have
• 4:20
  is money doesn't need to exist with inflation.
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  Like the idea that your money has to lose purchasing power or
• 4:31
  else it won't work is ludicrous, right?
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  And us as bitcoiners, the more we propel that idea forward, the
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  easier it's gonna become for us, because all roads will lead to
• 4:43
  Bitcoin at that point. That being said, that pill
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  right? That obstacle, that hill that we
• 4:51
  have to climb, climb over is very difficult.
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  It is super well entrenched into people's minds that not only do
• 5:01
  they have to use government money, but for some reason
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  inflation is this fact of life. It's it's baked into Mother
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  Nature. You cannot change this thing.
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  Just money has to lose purchasing power.
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  And while everyone's distracted from the real problem at hand,
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  they lose kind of a perspective on what is actually going on.
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  It's not the left, it's not the right, You know, that's what
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  they do. They do the divide and conquer
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  strategy. It's the fact that money is
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  stealing from everyone if you're using Fiat, right?
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  And if you were to believe that the official CPI numbers, why
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  does my money need to lose 3% purchasing power?
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  Their argument is like then you wouldn't spend.
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  But who are you to determine why?
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  Who are you to tell me that I can't use the money that doesn't
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  decrease in purchasing power? I never signed up for that,
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  right? You can make the argument with
• 6:02
  with taxes, right? You can make the argument with
• 6:05
  income tax, even though I know it's not very popular in Bitcoin
• 6:08
  circles, which, but you know you can make the argument right but
• 6:13
  no one signed up for the inflation tax.
• 6:16
  If people knew about the inflation tax, they wouldn't be
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  OK with it. And it's an inflation tax that
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  the vast majority of that tax affects the lower middle classes
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  that get hurt the most because they don't have the means to
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  save in assets. So they save in Fiat currencies
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  and they also earn in Fiat currencies, so they get hurt the
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  most, right? That's the battle at hand.
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  So you gotta ask yourself not what Bitcoin can do for you.
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  Ask yourself what you can do for Bitcoin And more importantly,
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  how do you get to the people around you, to the person on
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  your left, to the person on your right.
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  And you convince them, hey guys, inflation isn't necessary.
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  And, like, that's a very, very strong statement, right?
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  It's like, it's like and and I've seen a lot of people like,
• 7:06
  do this where they have like straight up Stockholm syndrome
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  and they're protecting the dollar.
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  Like in the bank account, you know, you have a bank account in
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  the US, there's one called the checking account and there's one
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  called a savings account. Like that saving account.
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  Like, yeah, it has higher interest, but that interest rate
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  is not higher than the inflation rate.
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  So in that's that account that they call a savings account,
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  it's literally being devalued by, you know 3 to 8 to 5 to 2%
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  on the year. So what savings are you getting,
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  right? And then that forces people to
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  invest just to maintain their purchasing power.
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  Like, we have so much truth on our side.
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  Like we have such an edge, but we have this monumental hill to
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  overcome to educate the masses on the fact that, guys, money
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  doesn't have to be this way. You shouldn't have to invest to
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  maintain your purchasing power. And that is not only the
• 8:06
  responsibility as us Bitcoin content creators and other
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  Bitcoin educators, but it is the responsibility of you as the
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  individual to get the message out there.
• 8:16
  This is a war. This is not a kinetic war.
• 8:19
  This is not a bloody war. This isn't a, you know, a bloody
• 8:23
  revolution. This is a peaceful revolution is
• 8:25
  about a revolution over winning over the hearts and minds of
• 8:28
  individuals and bringing them together.
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  And Bitcoin does that. It is the great unifier.
• 8:34
  So all that being said, it's gonna be a great show.
• 8:36
  We're gonna talk about all of that.
• 8:38
  But I wanna bring up Dairy Co host who is always optimistic.
• 8:41
  His name is Optimus Fields. How you doing Opti?
• 8:45
  I'm good, I'm good. Just trying to get our guest
• 8:48
  camera to work or else we got to pivot.
• 8:49
  But before we go on, I'm I'm chatting to him behind the
• 8:53
  scenes on Twitter. So if you can hear me, check the
• 8:56
  settings. Hopefully we can get this.
• 8:58
  He popped in a little bit late. I want to clarify one thing,
• 9:00
  Nico, you said something about once you're in Bitcoin long
• 9:03
  enough your facial hair grows. This is as much as it grows bro.
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  I I I can't have any more facial hair.
• 9:08
  I wish I did. Anyways, let's see if we can
• 9:12
  bring our guest in there. Seems like his camera's still
• 9:16
  off. So Jim, if you wanna pop off and
• 9:19
  pop back in again, yeah, we're trying.
• 9:21
  To get sorry for Jim in here. Yeah, so it would.
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  Be a good conversation. I do have something that we can
• 9:26
  talk about, so let's just go to the numbers and then we'll try
• 9:29
  to troubleshoot as we're live. Absolutely, like we always do.
• 9:33
  You guys know this is a live yeah, I do want to give a shout
• 9:37
  out to our flagship sponsor guys here at Simply Bitcoin.
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  All right, everybody, let's get to the numbers.
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  Stamp your seed on stamp, seed. Before we jump into the numbers,
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  I do wanna make it incredibly easy for you guys.
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  For you guys to put yourself in the correct position of not
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  your screen. Take you directly to the Stamp
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  Seed website where you can use promo code simply to get 15%
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  off. At the time of recording, the
• 12:37
  Bitcoin price is 52,050 SAT's per dollar. 1921 block height
• 12:44
  831,149 blocks to having 8851 having estimate April 19th, 2024
• 12:54
  Total Lightning Network capacity 4643 Bitcoin capacity value 241
• 13:02
  million U.S. dollars. Realize monetary inflation
• 13:05
  1.74%. The market capitalization of
• 13:09
  Bitcoin is 1.02 trillion U.S. dollars.
• 13:13
  Bitcoin versus gold market cap 7.1 seven .41%.
• 13:19
  All right, quick ETF update, ladies and gentlemen.
• 13:22
  Currently the Grayscale Trust holds a little bit under
• 13:26
  500,000. Bitcoin 456,000 the Bitcoin
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  iShares a Bitcoin trust holds 115,000 Bitcoin.
• 13:34
  The Fidelity ETF holds 83,000 Bitcoin.
• 13:38
  Keep in mind, ladies and gentlemen, that markets are
• 13:40
  closed. It is Presidents Day.
• 13:41
  But you know what isn't closed? Bitcoin.
• 13:43
  Bitcoin's open for business. Bitcoins open 24/7.
• 13:46
  That's so strange. That's so analog, man, that the
• 13:48
  fact that like market. Yeah, let's just close the
• 13:50
  markets for the weekend. You know, it's it's it's kind of
• 13:53
  crazy how that works, right? So So anyways, that was a quick
• 13:57
  ETF update. Now let's talk about inflation,
• 14:00
  right, 'cause this is a very important topic, and this is a
• 14:05
  topic that, that that we have to work on the most.
• 14:13
  This is a topic that we have to spread.
• 14:16
  This is a topic that you have to convince your family, your
• 14:20
  friends, your neighbor. You have to convince the people
• 14:23
  around you that this is a problem.
• 14:25
  This is you have to do that because if you don't convince
• 14:28
  them, they just won't care. That's the issue, right?
• 14:31
  You have to wake them up to this reality, this reality, that
• 14:35
  inflation is an issue. It's a it's a problem.
• 14:40
  And inflation, not the person in office, is responsible for a lot
• 14:46
  of their economic woes that they continue to seek a political
• 14:49
  solution to, even though there is none.
• 14:52
  So this is Bitstein and he says the seen cost of inflation are
• 14:56
  high in are higher prices. The unseen costs are thousands
• 15:00
  of percent of economic growth potentially eviscerated.
• 15:04
  All that hard work and productivity capacity for
• 15:08
  nothing inflation destroys economies.
• 15:11
  Even 2% annual inflation should be considered hyperinflation.
• 15:17
  Here is a game of trades. Remember, all of all roads lead
• 15:22
  to Bitcoin. Eventually all people are gonna
• 15:24
  gonna realize that Bitcoin is a solution to this.
• 15:26
  I'll get to that in a second. So this is this is shocking.
• 15:29
  The market is up 5000% since 1970, but only 500% when
• 15:35
  adjusted for inflation, right? So I mean, like kind of sucks,
• 15:43
  right? Kind of sucks.
• 15:45
  Doesn't have to be that way anyways.
• 15:48
  Now before I get to this like, you have to understand like part
• 15:54
  of the problem is, and and by the way, this isn't just like a
• 15:57
  Conservative and Liberal thing. Both political parties believe
• 16:01
  this and the reason they believe this is because the US
• 16:05
  government and all governments frankly they cannot survive
• 16:10
  without printing money. They're they're if they were on
• 16:13
  a, if they were constricted to a sound money standard, they would
• 16:19
  only be able to spend money that they collected via direct
• 16:24
  taxation. Without that mechanism.
• 16:29
  Forget about, you know, a, a a a government politician making 150
• 16:33
  KA year being worth hundreds of millions of dollars in a couple
• 16:37
  decades. Forget about that.
• 16:38
  That grift is gone. Right.
• 16:40
  And this goes back to the original thesis in the sovereign
• 16:42
  individual how information technologies, not only the
• 16:46
  disintermediation of information but also the disintermediation
• 16:49
  of money, was going to lead to the irrelevance of politics,
• 16:55
  right. If you separate money from state
• 16:57
  right, if all of a sudden, you know the epicenter right is not
• 17:03
  Washington DC, it's not the Federal Reserve, you know, then
• 17:09
  it's you know then it's a becomes a problem right comes a
• 17:13
  problem for the politicians that are used to taking advantage of
• 17:17
  the system. Now we played you guys a video
• 17:20
  of Joe Biden, you taking advantage of the Super Bowl to
• 17:25
  talk about shrink flation and how the government was going to
• 17:29
  step in and stop these greedy corporations from you know, from
• 17:35
  shrinking products and making products inferior.
• 17:38
  Well, corporations wouldn't do that if they weren't forced to
• 17:44
  because of inflation itself. And now Elizabeth Warren is
• 17:48
  coining terms such as such as greed, inflation like that,
• 17:54
  that's that's like unhosted wallets.
• 17:56
  That term, it was completely invented, right?
• 18:00
  This is the definition of gaslighting, greed.
• 18:02
  Inflation, also known as working people or paying the price for
• 18:06
  corporate greed. What about working people paying
• 18:09
  the price for the Federal Reserve printing an ungodly
• 18:14
  about, an ungodly about an ungodly out of money?
• 18:18
  If you really care about working people, Elizabeth Warren, I
• 18:22
  think you got to fix the money. But here's the thing you It's
• 18:26
  like if you fix the money, the grift is over, right?
• 18:29
  So this goes back to one of my favorite features about Bitcoin,
• 18:34
  which is that Bitcoin exposes incentives, right?
• 18:37
  Are you really a politician that's for the people, by the
• 18:40
  people. Or are you really a politician?
• 18:43
  That as long as we're the solution, we're by the people,
• 18:47
  for the people, right? So let's take a look at this
• 18:53
  from dictionary.com. Apparently it's so crazy, the
• 18:57
  propaganda's strong rise in prices, rents or the like that
• 19:01
  is not due to market pressure or any other factor organic to the
• 19:06
  economy, but is captured by corporate executives or boards
• 19:10
  of directors, property owners, etcetera, solely to increase
• 19:15
  profits that are already healthy or excessive.
• 19:18
  Greed, inflation, I mean. Anyways, moving on so the gas
• 19:25
  lighting doesn't stop there. Here is the Prime Minister of
• 19:29
  the United Kingdom. I told you this wasn't a liberal
• 19:32
  or conservative thing. The current Prime Minister is a
• 19:35
  conservative, right? Let's let's take a look at what
• 19:39
  he has to say. Hi.
• 19:40
  I wanted to talk to you a little bit about what's going on in the
• 19:42
  economy and the plan that we're working towards.
• 19:44
  But before then, I wanted to take you back to the context
• 19:47
  that we found ourselves in. We all remember COVID and the
• 19:49
  enormous impact it had on all of us.
• 19:51
  And because of that, we did a lot of things to get the country
• 19:54
  through COVID, like supporting the NHS vaccine program.
• 19:58
  Furlough those things cost around £400 billion with all the
• 20:01
  other support we provided. And just as we were recovering
• 20:03
  from COVID, we saw a war when Russia invaded Ukraine.
• 20:06
  That meant that everyone's energy bills went up.
• 20:10
  Ofgem estimated that they would go up from around 1300 lbs to
• 20:13
  4500 lbs unless the government did something about it, which it
• 20:16
  did. It provided about £100 billion
• 20:17
  of support to everyone with their energy bills.
• 20:20
  But all of these things meant that we saw high inflation, and
• 20:23
  that's what caused all the. OK.
• 20:25
  Whoa, let's back up here. COVID did not 'cause inflation.
• 20:32
  The war did not 'cause the energy prices to go up.
• 20:36
  That was literally the energy policy of governments, right?
• 20:41
  Also the 100 billion, I'm speaking from the USI don't know
• 20:45
  how much money. I'm sure the UK sent money to
• 20:47
  Ukraine, like they didn't have to do that, right?
• 20:53
  So energy policies, response to the pandemic, all of these
• 21:01
  things, that was governments, they they caused this.
• 21:09
  The the inflation wasn't caused by the war.
• 21:12
  It wasn't caused by the pandemic.
• 21:14
  It was caused by the central bank printing money to pay for
• 21:19
  things they couldn't afford that that that's the sole for it.
• 21:23
  But this is, you see how, how he framed it.
• 21:26
  And This is why I said it's not a conservative versus liberal
• 21:29
  thing. He said the government reacted
• 21:31
  to this. The government is the problem.
• 21:35
  Like, this is what I'm trying to tell you, is that the government
• 21:38
  is the issue. Like, that's the fundamental
• 21:40
  issue. That's what you have to
• 21:41
  understand, and that's what Bitcoin fixes, right?
• 21:45
  If you take away the government's ability to pay for
• 21:51
  things it cannot afford unless it's via direct taxation, then
• 21:58
  forget about your energy bill going up.
• 22:00
  Forget about, you know, inflation because you're sending
• 22:04
  $100 billion to Ukraine even though American cities are
• 22:08
  falling apart. Forget about that.
• 22:10
  That mechanism is gone now, right?
• 22:13
  So this, ladies and gentlemen, is the battle at hand.
• 22:16
  This is what I'm talking about. Like, this is the issue at hand.
• 22:21
  This is the information warfare. This is narrative trench
• 22:25
  warfare. This is what Naeem Bukele talks
• 22:28
  about when he says they control the printers.
• 22:31
  They control the narrative. Their most important, their most
• 22:35
  important weapon is their control on truth.
• 22:39
  We have to get the truth out there.
• 22:41
  You had a liberal politician in the US and you had a
• 22:45
  conservative politician in the US literally saying that
• 22:49
  everything and anything is the cause of inflation but
• 22:53
  themselves, even though the central bank is the only
• 22:58
  institution that is allowed to create more Fiat currency.
• 23:04
  So if they're the ones, respond like all it needed, all you guys
• 23:09
  needed to do is just stop printing money.
• 23:12
  That's all you guys needed to do.
• 23:13
  And then they wouldn't happen regardless of the war,
• 23:16
  regardless of the pandemic. And I even said something on
• 23:19
  Twitter, and perhaps it's a little bit controversial, but I
• 23:21
  truly believe this. I think that if governments did
• 23:24
  nothing, I think there might have been a better outcome.
• 23:29
  My opinion, my humble opinion, Maybe not every time, but like,
• 23:34
  the fact that I can't, you know, not, not specifically, but let's
• 23:38
  say my generation and the younger generations can't afford
• 23:43
  a place to live. Even though in when their
• 23:47
  parents were growing up, you were allowed to live a noble and
• 23:52
  a a a life with dignity off a single income and you could take
• 23:56
  your kids to school and you can buy a house And the millennials
• 24:01
  and the Gen. Z ears, we can't even fucking
• 24:02
  afford rent. That's broken money, dude.
• 24:06
  That's 'cause you printed it and now you're coming to me with the
• 24:09
  gall and saying like, yo, like greed flay should like, excuse
• 24:13
  me guys, shut the fuck up, motherfucker.
• 24:15
  Like you're spitting out my face.
• 24:16
  You think I'm stupid. But here's the thing guys.
• 24:20
  Most people are still eating this up.
• 24:22
  Most people still are like looking at it's like oh Biden
• 24:25
  and Trump. It's like dude, like holy crap
• 24:27
  as bitcoiners. Like you really got to get the
• 24:30
  message out there ladies and gentlemen.
• 24:31
  It's not Biden or Trump that are that's coming to save you.
• 24:34
  It's putting your money in wealth and time and energy into
• 24:37
  Bitcoin so it doesn't get debased by these these
• 24:42
  interesting people. Anyways, here is beauty on he's
• 24:48
  an absolute beast. He's the founder of Azteco.
• 24:51
  And here's Wall Street Silver. See, like guys, you'll start to
• 24:54
  notice an interesting pattern, right?
• 24:57
  It's game of trades. Wall Street Silver.
• 25:00
  These aren't Bitcoin accounts, OK?
• 25:02
  These aren't Bitcoin accounts, is why I get so upset when I I
• 25:05
  hear like, you know, the the certain types of independent
• 25:09
  media, like, at least Tim Poole's catching on, right?
• 25:13
  And they're like, dude, this is so crazy.
• 25:14
  Like all these problems, all this stuff is going on and I'm
• 25:17
  like, dude, like there's a solution that exists.
• 25:21
  All we need is just a big portion of the population to opt
• 25:24
  out entirely and the gig is up, it's over, it's done.
• 25:28
  Anyways, OK, so beauty house says what is causing inflation
• 25:33
  and why does Wall Street Silver tell?
• 25:35
  Why doesn't Wall Street Silver tell you?
• 25:37
  Inflation is by definition increase in the supply of money,
• 25:41
  not an increase in prices. Bitcoin is the answer to this
• 25:45
  because its supply is fixed and cannot change.
• 25:48
  The answer to increasing prices is therefore for everyone to use
• 25:52
  Bitcoin, like and and guys, we are simply Bitcoin.
• 25:57
  We back up our statements and our claims with data, OK?
• 26:00
  And we're going to do that in a second.
• 26:02
  But before I get to that, I just want you guys to internalize
• 26:07
  what Elizabeth Warren said. And I want you guys to
• 26:10
  internalize what this guy said, painting this like guys like,
• 26:17
  look, I know it's bad. The war, you know, the pandemic,
• 26:23
  like all the energy crisis, like it's it sucks.
• 26:26
  It sucks ass guys. But don't worry, we have a
• 26:28
  solution to this. It's coming for you.
• 26:33
  But beauty on says it. The solution just just to lose.
• 26:36
  Use the money that can't be debased.
• 26:39
  And this leads me to price in Bitcoin 21.
• 26:42
  This is like, if anyone talks badly about Bitcoin or they they
• 26:47
  can't get convinced and they're like, dude, this is a scam or
• 26:50
  whatever and you're just living on this Bitcoin standard.
• 26:54
  You're protected by the Orange Force field and you're just
• 26:56
  like, I mean like my life is getting cheaper.
• 27:02
  But if you still don't believe me, here are the numbers.
• 27:06
  And of course it's a tough pill to swallow.
• 27:09
  It's a tough pill to swallow for people that have been living in
• 27:11
  the Fiat matrix the majority of their lives.
• 27:13
  And it's a tough pill to swallow for bureaucrats and politicians
• 27:17
  because all of a sudden the solution is not something they
• 27:20
  can provide. In fact, you can make a very
• 27:24
  strong argument that they are the problem because they
• 27:27
  continue to spend money they don't have.
• 27:30
  Therefore, they devalue the currency enabled to in order to
• 27:33
  do that. But let's get to the numbers,
• 27:36
  right? I've given you this whole spiel,
• 27:37
  You know, I've given you this whole thing.
• 27:39
  I'm like, dude, look, Elizabeth Warren, the Prime Minister of
• 27:43
  the UK, like, you guys are off the rocker.
• 27:46
  Like, you guys are just completely wrong.
• 27:48
  Elizabeth Warren gaslighting this guy, basically saying like,
• 27:51
  look, guys, the reason would like everything is so fucking
• 27:54
  expensive and you guys are like suffering right now is because
• 27:57
  of all these reasons, right? And then it's like all those
• 28:00
  reasons were just reasons that you guys used in order to
• 28:04
  justify printing more money. But what happens if there's a
• 28:10
  system? Hear me out real quick.
• 28:12
  What happens if there's a system where no matter what, no matter
• 28:17
  what, you cannot change the rules?
• 28:21
  And not only does the supply stay the same, it gets fucking
• 28:26
  cut in half every four years. What happens in that system?
• 28:31
  Well, like Beauty on says, all of a sudden that inflation thing
• 28:35
  doesn't exist anymore. So could you imagine living in a
• 28:40
  world where, And I know it sounds so ludicrous to anyone
• 28:45
  who hasn't been living on a Bitcoin standard, but I promise
• 28:48
  you, it exists. I've been living it the last
• 28:51
  eight years of my life. So has Opti.
• 28:53
  So as my mom, so has the people around me.
• 28:56
  The first couple years they think you're absolute
• 28:58
  psychopaths and then all of a sudden they get a taste of
• 29:01
  number go up technology. My parents in law recently got
• 29:05
  orange peeled. Why?
• 29:06
  Number go up right? It does its thing.
• 29:09
  You know, they hear you screaming from the rooftops for
• 29:11
  five years, you know, And then all of a sudden, holy crap, this
• 29:14
  thing's that 50K he told started telling me about it at 3500 at
• 29:18
  10,000. Maybe he's not so crazy anymore.
• 29:22
  Same thing happened with Tim Poole.
• 29:24
  Same thing happened with Alex Jones, right?
• 29:27
  It's Infinity divided by 21 million.
• 29:29
  So anyways, let's get to the actual numbers, because let's
• 29:33
  get this because you know, a talk, a talk, a big talk, but
• 29:35
  let's back it up with data, all right?
• 29:38
  If you've been saving in Bitcoin, you've been Bitcoin is
• 29:42
  your unit of account on a five year scale.
• 29:47
  Life has got in if you're the dollar has got in 92% cheaper
• 29:51
  oil, 90% cheaper. Gold 89% cheaper.
• 29:56
  S&P 587% cheaper. A house which has doubled in the
• 30:01
  US because of the amount of money they printed. 82% cheaper.
• 30:05
  What about commodities? What about food?
• 30:07
  Because it governments love to include the food stuff and they
• 30:12
  love to include the foodstuff. Like when you hear the videos
• 30:14
  and stuff, right. So on a five year scale, beef
• 30:18
  has got an 89% cheaper egg, 79% cheaper.
• 30:21
  Cheese 91% cheaper. Soybeans 91% cheaper.
• 30:24
  Wheat 91% cheaper lumber, 90% cheaper.
• 30:27
  Milk 87% cheaper. Orange juice 78% cheaper.
• 30:31
  Coffee 86% cheaper. Cotton 91% cheaper.
• 30:35
  Cocoa 82% cheaper. Rice, 87% cheaper.
• 30:39
  Oh, 90% cheaper. Sugar, 87% cheaper.
• 30:43
  Corn 92% cheaper. And we're not even like in the
• 30:48
  bull like we're in the beginnings of the bull market.
• 30:51
  But I'm sure you guys get my point at this.
• 30:52
  I'm sure you guys get. What I'm trying to say at this
• 30:55
  point is that when you hear politicians talking about this
• 31:00
  Mierra and they're like dude, like it's the war, it's this,
• 31:06
  it's the spending, like it's the like, it's the pandemic, it's
• 31:12
  the supply chain. There is going to be no
• 31:14
  inflation, shrink flation, those fucking companies, they're
• 31:18
  assholes. We're the solution.
• 31:21
  Blah blah blah blah, blah, blah, blah, blah, blah, blah blah,
• 31:23
  blah blah. They are the problem.
• 31:26
  They are printing money they don't have.
• 31:29
  Therefore they're devaluing the money.
• 31:31
  They're they're they're devaluing the money.
• 31:33
  It's as simple as that. If you switch over to a system
• 31:37
  of which no one can create more of it unless they're willing to
• 31:41
  pay for the price of electricity to mine it, just like everyone
• 31:45
  else, the supply is the supply. The supply gets cut in half
• 31:50
  every four years, or the amount being mined gets cut in half
• 31:53
  every four years. It does not change.
• 31:55
  Anybody can audit it. It's an open Ledger.
• 31:58
  You don't have to take the government's, you know, you
• 32:02
  don't have to take the government's number and you
• 32:04
  don't have to trust them in that.
• 32:06
  And not to mention the fact that I believe they truly have abused
• 32:09
  that trust over and over and over and over and over again.
• 32:12
  What is the definition of insanity?
• 32:14
  Trying the same thing and expecting the same.
• 32:16
  Like trying the same thing and expecting different results.
• 32:19
  Like it's time to try something new and you want to know how.
• 32:24
  I know we're over the target is because how much they attack the
• 32:27
  new thing. Like the fact that Elizabeth
• 32:30
  Warren wants to make it illegal for you to write down 12 words
• 32:35
  tells you everything you they need.
• 32:37
  You need to know about how much of A threat you holding a money
• 32:43
  that can't be debased and can't be confiscated is to their
• 32:48
  system. Like that should tell you
• 32:50
  everything. So anyways, we have a lot of
• 32:54
  work to do as individuals, not you guys.
• 32:57
  I'm sure you guys tune into the show.
• 32:59
  You enjoy the content. But as individuals, that's not
• 33:02
  what what Bitcoin could do for you as what you could do for
• 33:05
  Bitcoin. Are you an an accelerationist?
• 33:09
  Are you a decelerationist? What side do you want to be on?
• 33:12
  If you're an accelerationist, what you got to do there is you
• 33:15
  got to get out there and you got to get people to ask a very
• 33:18
  simple question. And that question is simple.
• 33:21
  It's very simple. It's it just it opens it, you
• 33:24
  know, it opens your mind. What is money?
• 33:27
  Why do I have to be? Why does my money lose
• 33:30
  purchasing power? They don't have an answer to
• 33:33
  that. They do not have an answer to
• 33:36
  that Like you see it with Opti's ex-girlfriend and all these
• 33:39
  central bankers. Like when they talk about CBD,
• 33:42
  CS and like all this stuff they talk about, they talk about you
• 33:48
  know the efficiency of payments that's you always hear is like
• 33:51
  we have to make payments more efficient.
• 33:54
  In fact they just like kind of released a new video we'll play
• 33:56
  it for you guys tomorrow. Their, their, their mnematics
• 33:59
  are improving, I guess. But yeah, that's their, that's
• 34:03
  their talking point. Like we have to make payments
• 34:05
  more efficient, right? No, that's not why I'm seeking
• 34:09
  an alternative. I'm seeking an alternative
• 34:10
  because I'm tired of my currency being debased.
• 34:13
  But they can't bring that up, right, because then the shtick
• 34:15
  is over. So are they, how are they going
• 34:18
  to justify the inflation? How are they going to justify
• 34:23
  inflation? The inflation tax to the public,
• 34:27
  I don't think they have an answer to it.
• 34:29
  And because they don't have an answer to them, to the we have
• 34:31
  to make them answer that question.
• 34:34
  If I already pay my taxes and I pay a lot of taxes, you pay the
• 34:38
  estate tax when you die and you have over a certain amount of
• 34:41
  money. You pay taxes on that.
• 34:43
  You pay the income tax when you buy something.
• 34:45
  You buy, you pay the sales tax. When you buy a piece of real
• 34:48
  estate, you know, you pay, you pay the initial tax and then you
• 34:51
  pay the property tax. You pay all these taxes, right.
• 34:54
  I never agreed to the inflation tax.
• 34:56
  Where is that? In the contract?
• 34:58
  Right. So we have to make them answer
• 35:01
  the question that they can't answer without exposing
• 35:03
  themselves, right? Which is why am I being forced
• 35:06
  to use the money that steals from me Anyways?
• 35:08
  Opti, what's your take on this? Well, as everyone is saying,
• 35:12
  hold on, everyone's saying in the chat, Nico's Ranto meter is
• 35:17
  over 100, Nico's just Nico Jones flying in hot this Monday.
• 35:21
  Love to see it. Love to see it.
• 35:23
  OK, first and foremost, going all the way back to the
• 35:26
  beginning, I absolutely love that they're just making up
• 35:30
  words at this point, like they're trying to play the
• 35:33
  mimetic warfare game and they're just getting naked out there.
• 35:36
  And then green inflation, it's not even a good word.
• 35:39
  So I I really hope it doesn't catch on, but let's just point
• 35:43
  out what's going on here. Of course they're trying to
• 35:46
  distract people and always point fingers at the greedy
• 35:49
  corporations or the greedy capitalists and that they're the
• 35:51
  reason why your broker, like you said, never pointing at
• 35:55
  themselves as the real problem. By definition, inflation is
• 35:58
  called caused by the expansion of the money supply.
• 36:01
  They have printed in obscene amounts of money since 2020 and
• 36:05
  this morning shouts out to the Twitter team, the simply Bitcoin
• 36:08
  TV Twitter team, someone I I don't know who it was from our
• 36:11
  team that dropped stopped it. But remember the COVID stimulus
• 36:15
  checks the $1400 that all Americans got.
• 36:18
  Well one of them did the math and that $1400 is now roughly
• 36:22
  $10,000. So absolutely incredible that
• 36:26
  this is how much they destroyed the purchasing power since 2020.
• 36:31
  And again, just going back to the meme or the very bad meme of
• 36:35
  greed inflation, this is something I always said and
• 36:38
  Nico's touching on it. Nico keeps hinting on it as
• 36:40
  well. And then maybe I psyop Nico into
• 36:43
  talking about this a lot is that people would not, or they
• 36:46
  wouldn't be able to get away with this if people didn't fall
• 36:49
  for the gaslighting. If people didn't actually
• 36:51
  believe, you know, of course, wrongly and misinformed that
• 36:55
  greedy corporations and greedy capitalists were the problem,
• 36:59
  then they wouldn't be able to get away with such heinous memes
• 37:02
  out there. Greed, flation and and you know
• 37:04
  sputtering and pointing fingers at everything.
• 37:07
  But the problem which is printing more money, it just
• 37:10
  it's absolutely incredible. It just goes to show that we
• 37:12
  have so much work to actually educate people whether they want
• 37:15
  to or not. Like the main issue here is the
• 37:18
  fact that they are printing obscene amount of money and also
• 37:21
  guys can we acknowledge that the I don't even know to say his
• 37:23
  name the the Rishi Sunak video that his little drawing to cause
• 37:29
  all the the you know to inform the public literally look like a
• 37:32
  virus like what is going on here.
• 37:34
  Do they do they even acknowledge this stuff when they do it?
• 37:37
  Like the the explanation literally look like a virus.
• 37:40
  What is going on here? Look at this.
• 37:42
  It looks like the COVID virus itself.
• 37:44
  Like what is going on? Absolutely incredible.
• 37:47
  That is where we are. Like cost of living.
• 37:51
  Dude, it looks like the My goodness, what's?
• 37:55
  Happened to inflation. Like we gotta have inflation
• 37:58
  well. According Okay, drop it, drop
• 37:59
  it, drop it. The unproductive class is the
• 38:02
  virus and Bitcoin is the cure. Like my goodness and I
• 38:06
  absolutely love beauty ONS account, especially when he
• 38:09
  trolls these LARP accounts that always skirt around the actual
• 38:13
  problem and never talk about the solution.
• 38:16
  It's like Wall Street Silver and the GameStop guys like the the
• 38:21
  Wall Street bets crew. I've been saying for a while.
• 38:22
  Like once those guys all actually understand the game
• 38:25
  being played and they all become bitcoiners.
• 38:28
  Like, Bitcoin is the real GameStop, the real Wall Street
• 38:30
  bets movement. And yet they all go back into
• 38:33
  the stock market like straight up Stockholm Syndrome and not
• 38:36
  understanding the game going on actually shouts out to kidding.
• 38:40
  I don't, I don't even know what his name is.
• 38:42
  It's QTR on Twitter. He just became a Bitcoin.
• 38:44
  It's like quote the Raven or something like that.
• 38:46
  He was on what Bitcoin did and there's a clip going around and
• 38:49
  he basically said the same thing.
• 38:50
  He's like, once these GameStop guys understand what's actually
• 38:53
  going on and all the the Ron Paul people, you know, I think
• 38:57
  he had some numbers like the 5 million Wall Street bets people,
• 38:59
  the 2 million Ron Paul people, and then all the savage Bitcoin.
• 39:02
  Once they all pile into Bitcoin, like the game's going to
• 39:07
  fundamentally be changed. And yet no one except bitcoiners
• 39:12
  understand what's going on. And most people on Twitter are
• 39:14
  just there for the dopamine of engagement and not actually
• 39:17
  trying to fix things. And so here we are.
• 39:19
  But man, it's incredible. It's an it's incredible that
• 39:23
  this is where we are in the game and that they're literally
• 39:25
  making up words to gaslight the populations.
• 39:28
  It's it's nuts, man. It's nuts. 100% and and and and
• 39:33
  This is why, you know, I went off on it this morning because I
• 39:37
  saw that video and I was like, I saw the video and then I saw the
• 39:41
  tweet by by Elizabeth Warren. And I was just like, like guys
• 39:46
  like the fact that they can get away with this, like the fact
• 39:49
  that they can get away with like this type of like like
• 39:52
  gaslighting, 'cause that's essentially what it is.
• 39:55
  And blaming everyone and anything but themselves.
• 40:00
  And then saying like, no, no, no, no, no, We are the solution.
• 40:03
  The government is the solution, even though like.
• 40:06
  They are responsible for this. They 'cause this.
• 40:08
  Like they they do this. They they can't control
• 40:11
  themselves. But to print money and there's a
• 40:14
  cost to it. It affects people.
• 40:17
  It is theft. Printing money is theft.
• 40:21
  It's not OK, whatever the justification is, because you're
• 40:25
  devaluing someone else's purchasing power when you do
• 40:29
  that. So like unless, until we got to
• 40:33
  a point where you know, we have a politician like Ron Paul, I
• 40:37
  think is the only one is really like acknowledge that where we
• 40:39
  get to a politician where it's just like like the Federal
• 40:42
  Reserve is the problem, like ending the Fed.
• 40:46
  We have to end the Fed. I don't think we'll be able to
• 40:48
  do so politically because of how well entrenched it is.
• 40:51
  But you know, we can find, you know, it's a higher quote,
• 40:54
  right? We can find that sly roundabout
• 40:56
  way. And that sly roundabout way is
• 40:59
  Bitcoin in self custody, I might add.
• 41:02
  All right, everybody, let's get to the news.
• 41:04
  We have a lot to talk about today.
• 41:05
  Let's check it out. Here we go.
• 41:10
  The Daily News. I wanna give a shout out to our
• 41:14
  sponsor, Foundation Devices. It's self custody done right.
• 41:18
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• 41:22
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  your Bitcoin off exchange changes, this is the one for
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  you. Check out the passport link in
• 42:06
  the show notes below to learn more.
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  I made it incredibly easy for you guys so you could scan the
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  QR code on your screen right now and it'll take you directly to
• 42:15
  the Foundation devices website where you guys can get yourself
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  a passport hardware wallet member.
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  Guys, not your keys, not your cheese.
• 42:23
  Everything that I just said just now.
• 42:25
  None of that matters if you're not taking Bitcoin to self
• 42:28
  custody. If you have your Bitcoin on an
• 42:29
  exchange that has captured Bitcoin, you have a Bitcoin ETF
• 42:33
  that is captured Bitcoin. Bitcoin University just dropped
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  an incredible video this morning, highly recommend it Go
• 42:39
  check out his channel. One of the best content create
• 42:42
  one of the best Bitcoin content creators in the business and
• 42:45
  he's basically saying like look if your bitcoins on Coinbase, it
• 42:49
  will be 61O2. I believe that as well right?
• 42:52
  History has shown that every time governments get themselves
• 42:55
  into some type of pickle, they seize wealth and then what do
• 43:00
  they? They can't just seize wealth and
• 43:02
  just be like, ha ha, you know, F you.
• 43:04
  No, but they hand over the paper money in return, right.
• 43:07
  So if you have Bitcoin to self custody, that makes it very
• 43:10
  difficult for them to do that, right.
• 43:13
  So anyways, take self custody guys.
• 43:16
  And we recommend our sponsor the the Passport by foundation
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  devices. All right, guys.
• 43:22
  So I, I do want to talk about Edward Snowden.
• 43:25
  So, you know, not in the Bitcoin community.
• 43:30
  In the Bitcoin community. He's not a divisive, divisive
• 43:32
  figure. But let's just say that he was
• 43:34
  one of the he he got famous for essentially breaking news that
• 43:42
  the US government was using, was essentially spying on everyone,
• 43:47
  right, Including allies. And he fled to Russia and he got
• 43:53
  asylum in Russia. And you know, this kind of goes
• 43:58
  back to something that we've been covering for quite a while
• 44:03
  now, which is the disintermediation of
• 44:06
  information. That interview, however, which
• 44:09
  way you feel about Putin and that the context of the
• 44:13
  interview is not important. The fact that that interview was
• 44:15
  able to happen was a big deal because if any type of
• 44:22
  information that was not approved or pre approved would
• 44:27
  not pass the gatekeepers of information.
• 44:30
  So any traditional media outlet captured and now governments are
• 44:35
  having an incredibly difficult time with independent media.
• 44:43
  How do you stop a million people that have now they have the
• 44:47
  ability to to talk directly to each other without going through
• 44:52
  a handful of sources. How do you stop them from
• 44:55
  talking? And that's actually something
• 44:59
  that Tucker actually covered in one of his latest interviews,
• 45:03
  which I highly, highly recommend.
• 45:04
  It will blow your effing mind type of thing.
• 45:11
  And he covered it and it I think it was last week and I said this
• 45:15
  interview confirmed what I've been saying for months.
• 45:17
  The rise of social media has severely diminished government's
• 45:20
  ability to control narratives through a handful of
• 45:22
  gatekeepers. It's an hour and a half.
• 45:24
  I highly suggest watching the thing.
• 45:26
  It will blow your mind. And it's confirmed something
• 45:30
  that we've been saying for the last couple of months and it's
• 45:34
  been and it's confirmed something that we've that has
• 45:37
  been shown how Elizabeth Warren used the Wall Street Journal
• 45:40
  article in order to achieve a certain political agenda to
• 45:44
  attack Bitcoin. Just like in 2001, the New York
• 45:49
  The New York Times was used by the national security state to
• 45:55
  convince the American public that Iraq had weapons of mass
• 45:58
  destruction, which led to the inevitable invasion of Iraq.
• 46:03
  The Internet is disintermediating.
• 46:05
  Information is disintermediating money.
• 46:08
  That's what's happening. Wake up.
• 46:10
  Anyways, so this is Edward Snowden is a very influential
• 46:13
  figure because when he dropped the news, he had to go through
• 46:17
  traditional media and this is something that they couldn't
• 46:21
  stop and he was persecuted for it.
• 46:23
  Now you you could see two sides of the story.
• 46:27
  You could say, you know he was working for the CIA.
• 46:30
  He had no right to declassify that type of information.
• 46:34
  But at the same time as as American citizens did, we know
• 46:40
  that the US government was spying on everyone.
• 46:43
  And isn't that against the 4th Amendment, which is no
• 46:46
  unreasonable searches and seizures?
• 46:50
  So anyways, just food, you know, food for thought anyways.
• 46:54
  So Edward Snowden very consequential figure.
• 46:57
  However, which way you feel about him?
• 47:00
  He says unpopular, but true. Bitcoin is the most significant
• 47:04
  monetary advance since the creation of coinage.
• 47:07
  If you don't believe me or don't get it, I don't have time to try
• 47:12
  to convince you. Sorry, and if you still don't
• 47:15
  understand why he's saying that, think about everything that I
• 47:19
  just said in the numbers segment as it relates to inflation.
• 47:23
  You want to know why it's so significant.
• 47:26
  You know why? Want to know why it's so
• 47:27
  consequential? There you go.
• 47:31
  It's the separation of money in state.
• 47:33
  It allows you to send, however, which doesn't matter the amount
• 47:38
  of money, as long as you have the seed phrase anywhere around
• 47:40
  the world, instantaneously pay a fee doesn't.
• 47:45
  You don't need to get an approval from a government or a
• 47:47
  bank, and that completely changes the dynamics of power
• 47:53
  between the state and the individual, and I truly believe
• 47:55
  it's going to make the world a better place for it.
• 47:58
  I think there will be unintended consequences like like with
• 48:01
  everything else, but you know, I think the world would be a
• 48:04
  better pace for it. Anyways.
• 48:05
  I do want to get to today's topic, which is $5,000,000
• 48:09
  Bitcoin, right? So here's Max Kaiser.
• 48:14
  And Max Kaiser chatted with the legendary had Howard Lutnik, he
• 48:19
  is the CEO of Counter Fitzgerald and they apparently they spoke
• 48:25
  to you know the Bitcoin president and you'll notice
• 48:28
  someone here. This is Paulo Paulo's the Chief
• 48:30
  Technology Officer over at Tether and Bit Fenix and very
• 48:36
  interesting type of conversation.
• 48:39
  And the reason that they were meeting is his recent
• 48:41
  affirmation that Counter Fitzgerald manages Tether's 97
• 48:45
  billion treasury port blew mines at Davos slash CNNBC.
• 48:49
  And that's another thing, guys, that you guys all have to
• 48:51
  understand is that Tether is one of the largest purchase
• 48:55
  purchasers of U.S. Treasury bills.
• 48:58
  A lot of people don't know that, right?
• 49:01
  His classic Wall Street background who has a one of 24
• 49:06
  primary dealers, occupies the Nexus of the multi trillion
• 49:10
  dollar USD universe. I gave him my pitch.
• 49:14
  Actually Greg Foss's pitch. Bitcoin is an incredibly cheap
• 49:19
  CDs on the imploding global Fiat money world and how $5,000,000
• 49:25
  per coin is the fair market value for Bitcoin.
• 49:29
  His response was a mixture of horror and excitement.
• 49:34
  Remember my credo? No billionaire left behind
• 49:37
  right? And there he is, shanking,
• 49:39
  shaking hands with Naimu Kelly. Now.
• 49:41
  A lot to unpack here. This continues to show the
• 49:45
  importance of El Salvador in this movement.
• 49:49
  It is the beachhead for the Bitcoin movement.
• 49:53
  We need a nation state where Bitcoin is legal tender, where
• 49:57
  Bitcoin is protected by the men with guns, right, 'cause that's
• 50:01
  something that the state has, right?
• 50:03
  The state has a monopoly on violence.
• 50:04
  Well, we need a state right where you know that monopoly on
• 50:08
  violence protects. Bitcoin.
• 50:10
  Or protects, you know, protects the interests of Bitcoin in my
• 50:15
  opinion. Maybe that is maybe that's
• 50:17
  controversial with some people. That's my belief anyways.
• 50:22
  So couple things, right? This, this meeting did not
• 50:26
  happen in the US This meeting happened in El Salvador, right?
• 50:32
  This pitch that Max Kaiser gave him happened again and El
• 50:37
  Salvador did not happen in the United States, right?
• 50:41
  That tells you and I always tell you guys that I'm more bullish
• 50:44
  and optimistic on the global S than I am on, you know, the the
• 50:50
  US And the reason for that is all the reasons that I just laid
• 50:54
  out in the beginning. In these countries, they're
• 50:57
  still gaslighting us telling us that they are the solution to
• 51:01
  the problem that they caused. And El Salvador, they're saying,
• 51:04
  yeah, it's time, it's time to try an alternative and that
• 51:06
  alternative is Bitcoin and then take a look at who the media is
• 51:10
  attacking, right. That should tell you what is it
• 51:13
  flak? Is is is you know hardest over
• 51:16
  the target or the whatever that saying is so $5,000,000 per coin
• 51:22
  you can say OK Nico that's absolutely crazy but don't worry
• 51:25
  don't get your your panties in a bunch.
• 51:26
  We are simply Bitcoin and we do have the receipts for you guys.
• 51:29
  This is a this is a a spaces that Michael Saylor went on
• 51:35
  about two years ago or so and he lists the three reasons that he
• 51:42
  believes are necessary. The three things that need to
• 51:45
  happen in order for Bitcoin to reach $5,000,000 per coin.
• 51:49
  So let's check it out Catalyst that 10X it really is the moment
• 51:53
  that JP Morgan Chase or other the big money center banks can
• 51:56
  custody these for large corporates.
• 51:57
  That's it. That's the sea change because
• 51:58
  there's really no reason why they shouldn't be diversifying
• 52:00
  the assets on their balance sheet.
• 52:01
  Is that is that your take? Because I know that like Tim
• 52:03
  Cook I don't know where it came from.
• 52:04
  Earlier this week he said something like I own some
• 52:05
  Bitcoin but we have no designs on anything or I don't know if
• 52:07
  he said Bitcoin or crypto in general is that the thing And
• 52:09
  then and then I think there's a phrase well look first of all
• 52:11
  it's going up by a factor of 10 whether they fix any of this
• 52:13
  stuff right it's going to go a lot.
• 52:14
  It's going to be a grind up by a factor of 10 just because gold
• 52:17
  is broken and Bitcoin is going to replace gold and now
• 52:20
  everybody in the universe knows they need a non solver and store
• 52:22
  of value in the form of a bearer instrument.
• 52:24
  So now they're looking the amount of stories for last year
• 52:27
  people said inflation may be coming we're not sure.
• 52:29
  Now the mainstream narrative is flipped to inflation is here you
• 52:32
  need inflation edge so it's going to grind up to replace
• 52:34
  gold. It look at a $500,000 a coin
• 52:36
  regardless of why they fix these things.
• 52:37
  But there are three things that are massive catalyst that cause
• 52:40
  an acceleration and I don't think that those three things
• 52:43
  don't take us to 500,000 they take us to 5 million a coin
• 52:45
  right. Those three things are a spot
• 52:48
  ETF where someone can go ahead and buy $100 million of Bitcoin
• 52:51
  via security. An ETF security I think that's
• 52:53
  1/2 is your bank is going to custody it for you and lend
• 52:56
  against it. And three is I can mark it up
• 53:00
  and mark it down on my balance sheet based on fair value para
• 53:03
  pursue, it'll be para pursue to the way I handle apple stock or
• 53:06
  at least not good if it's if you have property with fair value
• 53:09
  accounting by the way it becomes para pursue to the way you
• 53:13
  handle treasury bonds on a treasury balance sheet.
• 53:15
  Treasuries are better than stocks because treasury is
• 53:17
  property whereas a stock is a security and you're capped out
• 53:20
  at 40% of your balance sheet of security.
• 53:22
  So. So it would be a major, major
• 53:24
  breakthrough if you saw any of those three things.
• 53:27
  And I'll end with this one observation, I just waited this
• 53:29
  last week. I still I think it's very
• 53:30
  powerful. It's if the banks can hold this
• 53:32
  stuff on their balance sheet then a whole new class of
• 53:35
  investors are going to buy it. People are going to put in
• 53:37
  billion in multi billion dollar orders to buy it as a treasury
• 53:39
  asset. Nobody's going to sell it
• 53:41
  because because there's no reason to sell it if you can
• 53:42
  borrow against it at Libor plus Art Sofer plus 50 basis points,
• 53:47
  right. So you'll be you'll be barring
• 53:48
  as Bitcoin. So for plus 50 or so for plus
• 53:50
  100 basis points no one's ever going to sell it.
• 53:52
  And then as I joked you won't be able to afford it.
• 53:54
  I mean you will be able to afford it, but you know,
• 53:55
  everybody gets Bitcoin at the price they deserve when the
• 53:57
  banks normalize it and you can draw $100 million credit line at
• 54:00
  100 basis points from an FDIC insured bank at that point,
• 54:04
  right. We're going to blow through the
• 54:05
  market cap of gold by a factor of 10.
• 54:08
  You know, I think the best thing is those three things are highly
• 54:10
  likely to happen. I don't know if they happen in
• 54:12
  36 months or 24 months or 12 months, but I would be shocked
• 54:15
  if it's more than 36 months. And I hope guys, I hope it
• 54:18
  doesn't happen in 12 months because my view is the longer it
• 54:21
  takes, the the more progressive the grind, the more time I have
• 54:24
  to buy more of it. So every single thing, mind you
• 54:28
  this this interview happened two years ago.
• 54:30
  Every single thing that he said needed to happen in order for
• 54:35
  Bitcoin to potentially hit $5,000,000 per coin, right?
• 54:39
  He said, look, none of these things need to happen.
• 54:41
  Bitcoin's going to hit 500 K regardless.
• 54:44
  But he said, look, if these three things happen, Bitcoin
• 54:46
  goes to 5 million. That's not Nico, that's not
• 54:48
  Opti. Speculating, that's Michael
• 54:50
  Saylor and Michael Saylor's been pretty on point, to say the
• 54:53
  least. One of those things was the
• 54:56
  approval of the Spot Bitcoin ETF.
• 54:58
  We know how that went, right? You know how much the certain
• 55:02
  government officials grinding their teeth, They did not want
• 55:05
  that to happen, but it happened. We have a spot Bitcoin ETF
• 55:08
  record inflows. The spot Bitcoin ETF is already
• 55:13
  in the top two of them. Already in the top 10 of 3100
• 55:18
  ETFs in the US. Bitcoin ETFs already in the top
• 55:21
  ten of that Number one. Number two, the fair fair value
• 55:27
  accounting, right. Michael Saylor kept saying para
• 55:30
  pursue, para pursue, para pursue.
• 55:32
  It basically means it's a lot in expression, basically means
• 55:35
  being treated equal to the other thing, so equalize.
• 55:39
  So Apple stock is treated on an accounting standard equal to
• 55:43
  Bitcoin. And that wasn't the case before
• 55:47
  the change in the FASB accounting rules.
• 55:50
  Now that goes into effect, guess what?
• 55:52
  In 2025, when it's all expected that, you know, everyone's
• 55:56
  expected. If Bitcoin continues to follow
• 55:58
  its pattern of peaking or or going into a parabola about a
• 56:02
  year or nine months after the halving go set into effect in
• 56:06
  2025. But companies could start
• 56:08
  applying to them applying that earlier.
• 56:11
  So that's thing #2. OK, now thing what?
• 56:14
  What is thing number three? Thing #3 is for banks to be a
• 56:18
  custody Bitcoin. That is happening all over the
• 56:22
  world. Banks all over the world are are
• 56:25
  or applying for licenses to custody Bitcoin right Banco
• 56:31
  Santander, Deutsche Bank banks in the US there's a recent
• 56:35
  article we'll we'll we'll we'll show it to you guys where
• 56:37
  essentially banks are getting their panties in a bunch for the
• 56:43
  parrot soup. Banks are getting their panties
• 56:45
  in a bunch because they can't. They can't get access to the
• 56:50
  Bitcoin ETF, right? Bitcoin is a black hole.
• 56:54
  It's going to suck everything up and it's because it has superior
• 56:57
  incentives. Now those are the three things
• 56:59
  Michael said, Michael Saylor said needed needed to happen in
• 57:03
  order for Bitcoin to hit $5,000,000 per coin.
• 57:05
  All those three things happened. Max Keiser is literally
• 57:09
  preaching to one of the most powerful men on Wall Street.
• 57:14
  Same thing. Listen, this thing's going to 5
• 57:17
  million. And here's the thing about
• 57:19
  orange peeling people, ladies and gentlemen, is that they
• 57:22
  usually don't listen to you the first time or the second time,
• 57:25
  third time, but number go up is a really painful teacher.
• 57:29
  Why? Because you listen the first
• 57:31
  time it like plants a seed in your head.
• 57:35
  And then three years later, when this thing's at like 150, two,
• 57:38
  100K per coin and you remember when that bitcoiner told you at
• 57:44
  40K at 20, K like, hey, yo, like, it's like, this is
• 57:48
  inevitable. Infinity divide by 21 million,
• 57:51
  you're going to remember, and eventually you're going to
• 57:53
  convert, right? The vast majority of people,
• 57:55
  there's still people like Peter Schiff that, like, hold out for
• 57:58
  ideological reasons, but the vast majority of us are like,
• 58:00
  you know what, Even Michael Saylor, I might add, right?
• 58:04
  He was hyper critical of Bitcoin back in 2013.
• 58:07
  He said this thing is going to fail, right?
• 58:09
  Even he admitted, like, I I was late.
• 58:12
  I got it wrong, right? So eventually everyone bows down
• 58:15
  to the king. The question is how we know
• 58:18
  what's the price of tuition you're willing to pay?
• 58:20
  Everyone buys Bitcoin at the price they deserve at the end.
• 58:24
  Fundamentally comes down to that.
• 58:26
  So yeah, I mean, you know, let history show whether simply
• 58:30
  Bitcoin was right with this episode.
• 58:34
  Let history show whether Michael Saylor and Max Kaiser were right
• 58:37
  with these $5,000,000 per coin predictions.
• 58:40
  But I can tell you where my money's at anyways.
• 58:44
  Opti, what's your take on all this, brother?
• 58:46
  Yeah well first and foremost I I think everyone on the on the
• 58:50
  stream knows that I'm I'm not the biggest tether maxi here.
• 58:54
  I I I've been kind of going down Mark Goodwin's Bitcoin Mag's
• 58:58
  Editor stablecoin Rabbit hole recently and and it's not not
• 59:03
  the the prettiest sight it it can get a little little icky and
• 59:06
  scary down that rabbit hole. But that's not what I want to
• 59:09
  talk about. 5 million a coin man.
• 59:11
  That's bearish. What's going on here?
• 59:13
  No, I like, I I he didn't really give a time frame.
• 59:16
  So of course like 5 million a coin at some point, like all us
• 59:19
  bitcoiners think that that is an inevitability.
• 59:21
  It's going to happen. It's not a matter of if, it's a
• 59:23
  matter of when. No one knows when this is going
• 59:26
  to happen. Of course we have no crystal
• 59:28
  ball. But the things that he was
• 59:32
  saying, there's a point in that clip that Sailor said he's like,
• 59:34
  once people know and and we say it all the time, like once you
• 59:37
  understand Bitcoin, there's no going back to the Fiat system.
• 59:40
  And even though we are seeing Wall Street take their first
• 59:43
  steps into Bitcoin and the spot Bitcoin ETF is taking up so much
• 59:47
  Bitcoin, it's making me uncomfortable because there's
• 59:50
  not going to be any Bitcoin left.
• 59:51
  I don't, I don't think you guys understand what digital scarcity
• 59:54
  really means. There's only 900 Bitcoin that
• 59:55
  gets released a day. They're buying like 10,000
• 59:58
  Bitcoin, scooping it up into their spot Bitcoin ETFs and the
• 1:00:01
  halvings, what, three months away, two months away and
• 1:00:03
  there's only going to be 450 a day.
• 1:00:06
  And Saylor said something in there that while we all believe
• 1:00:09
  the same thing. As bitcoiners should really
• 1:00:12
  start to get your radars to go off, especially when we always
• 1:00:16
  frame spot Bitcoin ETFs as being captured Bitcoin.
• 1:00:19
  It's like once you buy Bitcoin, you're never going to sell it.
• 1:00:22
  Remember how much Bitcoin the spot Bitcoin ETFs are buying up?
• 1:00:26
  There's a lot of Bitcoin that they are scooping up.
• 1:00:29
  And again, guys, I don't think very many people can wrap their
• 1:00:33
  head around the idea of digital scarcity.
• 1:00:35
  We say it all the time. We try to hit it from different
• 1:00:37
  angles. Infinity divided by 21 million,
• 1:00:41
  there's not that much Bitcoin. There's 21 million Bitcoin.
• 1:00:44
  And if Wall Street is buying this much Bitcoin, the price has
• 1:00:48
  to go up. The demand is increasing and we
• 1:00:50
  haven't even hit the FOMO retail Ridge or FOMO FOMO retail stage
• 1:00:54
  yet. Like this is going to get
• 1:00:56
  absolutely out of control. Again, I don't want to do a
• 1:00:59
  super cycle, but man, it's feeling like the next cycle is
• 1:01:03
  going to be. I'd say we still have the cycle
• 1:01:06
  theory playing out, but we might be in for a lot more blow off,
• 1:01:10
  top in and the end of the bull run and a lot less of a downward
• 1:01:14
  turn because people are starting to understand why they hold
• 1:01:18
  Bitcoin. So if you are watching this show
• 1:01:21
  and you have taken your foot off the gas, you want to stack sets.
• 1:01:25
  Maybe you just fell on this show by chance.
• 1:01:27
  You're getting interested in Bitcoin.
• 1:01:29
  You should definitely budget and save as much Bitcoin as possible
• 1:01:33
  right now. I think we might have, you know,
• 1:01:35
  till summertime ish before things start to get absolutely
• 1:01:38
  crazy. But I can confirm one thing.
• 1:01:41
  We know it is going to get absolutely insane in regards to
• 1:01:46
  price movement. But we're not all just here for
• 1:01:48
  number go up. Yes, increasing your purchasing
• 1:01:50
  power is is why we all get, you know, incentivized and we all
• 1:01:54
  catch the FOMO bug of Bitcoin. But we can't just only focus on
• 1:01:58
  number go up. It is about running nodes.
• 1:02:01
  It's about taking Bitcoin into custody because we don't want to
• 1:02:04
  just basically create our own golden chain when it's all
• 1:02:08
  captured Bitcoin and these Wall Street guys are able to do what
• 1:02:11
  they've always done with traditional financial techniques
• 1:02:15
  and tools. So I'm just staying vigilant.
• 1:02:17
  I I'm, I, you know I'm trying not to get too caught up in the
• 1:02:20
  opium of the number go up but we do know it is going up.
• 1:02:24
  If you've been in Bitcoin long enough, you know this is this is
• 1:02:28
  asymmetric, it is binary. Bitcoin is either worth 0 or is
• 1:02:32
  worth a fraction of the world economy which means it has to go
• 1:02:39
  up. The Bitcoin price right now is a
• 1:02:40
  rounding error at 50K. It's this is a great opportunity
• 1:02:45
  for us to stack Bitcoin because it looks like the big boys, you
• 1:02:48
  know, the adults are here and they want all the bitcoins, so
• 1:02:51
  don't sell them the Bitcoin. Hot all your Bitcoin and make
• 1:02:54
  sure you can make it through the next year or two.
• 1:02:57
  It's it's getting, it's getting insane, man.
• 1:02:59
  Absolutely hollow that Bitcoin. Don't, don't let it.
• 1:03:03
  Don't let it get out of your hands.
• 1:03:04
  All right everybody. Before we move on, I do want to
• 1:03:07
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  All right, everybody, no more delay.
• 1:04:01
  Let's jump straight into the culture.
• 1:04:03
  We have a lot to talk about. The Daily Culture.
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  screen. All right, let's talk about
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  culture. Opti this is.
• 1:05:05
  Yeah, yeah. Yeah, we're.
• 1:05:06
  Going to try culture. He's up, man.
• 1:05:09
  All right, guys. So again, we are, I wouldn't say
• 1:05:13
  branching out, but we we'd like to have a little more social
• 1:05:17
  commentary on what's going on in popular culture and not
• 1:05:19
  necessarily just propagate the Bitcoin culture because like we
• 1:05:23
  said all the time, you know, and and we get yelled on the chat
• 1:05:26
  too because we say it and it's it's not left versus right, it
• 1:05:28
  is orange versus green. And Bitcoin is apolitical, which
• 1:05:31
  means that anyone can join the network.
• 1:05:34
  I don't care who you are. If you see the value of Bitcoin,
• 1:05:37
  you can join, which inherently makes Bitcoin a very political
• 1:05:40
  thing. Hence why we're going to be
• 1:05:41
  touching on a lot of cultural things, a lot of relevancy going
• 1:05:44
  on in popular culture. Well, this one is a, you know,
• 1:05:48
  it does have a little bit of the Bitcoin culture in it, because
• 1:05:52
  this is just absolutely hilarious.
• 1:05:54
  Hold on, let me reframe. Let me me rephrase that.
• 1:05:57
  Yeah, yeah, Doom in. We have to win over the culture.
• 1:06:01
  Like there we go I. Think they just talked to you
• 1:06:04
  about the inflation thing and whatever.
• 1:06:06
  That is a cultural war, guys, OK?
• 1:06:09
  And the cultural war right now is between the Fiat left and the
• 1:06:14
  Fiat right us. Our job as bitcoiners isn't to
• 1:06:17
  say like like yo like like put them apart and be like yo you
• 1:06:22
  dumb mother effers stop fighting like you're getting ripped the F
• 1:06:27
  off. Like I'd say you guys have a lot
• 1:06:30
  more in common than you think. But but that's the mechanism.
• 1:06:33
  That's how they divide and conquer you like.
• 1:06:36
  That's how. That's how, like, regardless of
• 1:06:38
  what political party gets in power, they just print money and
• 1:06:42
  everyone gets poorer, right? So what do you do?
• 1:06:45
  You have to take over the culture, so.
• 1:06:47
  Yeah, what? What's that?
• 1:06:48
  What's that one meme? We always say politics is
• 1:06:51
  downstream from culture. And it it's not and I didn't
• 1:06:54
  coin coin it by the way, the great Andrew Breitbart did.
• 1:06:57
  So it's essentially you know politics is downstream from
• 1:07:01
  culture. You won over the You wanna win
• 1:07:02
  over the the political war. You have to win over the
• 1:07:06
  cultural war. Like that's that's how it goes.
• 1:07:09
  Definitely it's it is a culture war, but it's not the culture
• 1:07:11
  war that you're thinking of. Yeah, it's it's a it's the
• 1:07:14
  Bitcoin culture war. How do we get people to ask the
• 1:07:17
  fundamental question what is money?
• 1:07:19
  We get them to ask that question.
• 1:07:21
  We win by default all. Right.
• 1:07:23
  Love it, love it. Great context because we've been
• 1:07:26
  showing a lot of examples the last couple of weeks of Bitcoin
• 1:07:31
  hitting popular culture and I say it all the time.
• 1:07:34
  This year I think is going to be huge in Bitcoin saturating
• 1:07:38
  popular culture. You're going to be seeing it on
• 1:07:40
  television. Everyone's going to be talking
• 1:07:42
  about it as the price runs and we're seeing more and more
• 1:07:44
  examples. Anyways, let's get to this video
• 1:07:46
  because you might be wondering what is going on in this video.
• 1:07:50
  I'm not going to play the video because it's 10 minutes, but
• 1:07:52
  there is some funny things here. We found an unlikely Bitcoin
• 1:07:56
  hero who went absolutely viral over the weekend.
• 1:07:59
  So this guy Ben and Wanda Hart AKA Ben Hart under score Freedom
• 1:08:02
  on Twitter because I wake up at 6:00 AM to find that my daughter
• 1:08:06
  has posted a TikTok video trashing me.
• 1:08:08
  She's a big social media influencer with millions of
• 1:08:10
  follows. Here it is.
• 1:08:12
  Here's the video. You can see it got 7.1 million
• 1:08:15
  views and if you look closely, look at this guys shirt, he's
• 1:08:18
  wearing a Bitcoin shirt and let me just Fast forward a little
• 1:08:20
  bit. There's a point in here.
• 1:08:21
  So apparently the dad, you know is clearing up some things about
• 1:08:24
  what his daughter was saying and part of it is that he's a 64
• 1:08:28
  year old break dancer and he's on television and there's a
• 1:08:31
  point here where he's in the Bitcoin shirt with the Bitcoin
• 1:08:34
  flag in the background. Just do it.
• 1:08:36
  I think it's break here. Maybe we play a little little
• 1:08:39
  break here for you guys. Unlikely Hero and then even
• 1:08:44
  another one. Where towards the end can I find
• 1:08:47
  it? Towards the end he's also, you
• 1:08:49
  know, in public with another Bitcoin shirt.
• 1:08:52
  So Bitcoin culture is starting to saturate popular culture.
• 1:08:56
  I'm sure you're seeing the Bitcoin stuff.
• 1:08:58
  We saw Jack Dorsey at the Super Bowl with the Satoshi shirt.
• 1:09:01
  Dad was making fun of him, like, look what Dad could do that?
• 1:09:05
  Yeah, my stepdad cannot do that, I'll tell you that much.
• 1:09:08
  But he's, he's decked on Bitcoin merch.
• 1:09:11
  And again, guys, it's what we've been saying he's.
• 1:09:13
  Like a 60 year old man, look at the flexibility in the movie
• 1:09:17
  Can't do. This and he's.
• 1:09:18
  Dirty I can do this? Anyways, guys, the reason we're
• 1:09:22
  bringing it up, 7.1 million views on this, whether these
• 1:09:26
  people actively look at this video.
• 1:09:28
  Dorsey stuff. Exactly.
• 1:09:30
  Dorsey stuff. Yeah.
• 1:09:30
  This is. This is.
• 1:09:32
  What we've been saying, and this is the whole goal of simply
• 1:09:34
  Bitcoin, is to try to break into the YouTube algos so that
• 1:09:39
  average everyday people start to understand, stand and get their
• 1:09:42
  first touch points on Bitcoin and realize like, oh man, maybe
• 1:09:45
  this Bitcoin thing is a real thing.
• 1:09:47
  I thought Bitcoin was dead and now we're going to see the price
• 1:09:49
  rip and everyone's going to be wearing their Bitcoin merch.
• 1:09:51
  And you're going to see more examples of this of people
• 1:09:53
  talking about Bitcoin in popular culture.
• 1:09:55
  I'm thinking of the one it was like the Bachelor or something.
• 1:09:58
  The guy like gets dumped or the girl cheats on him or something
• 1:10:01
  and she gives him back at the ring and he's like that's one
• 1:10:03
  Bitcoin. Like, we're going to see more
• 1:10:04
  and more examples of this, and 7 million people saw this.
• 1:10:08
  And we do our best to break out of the Bitcoin echo chamber
• 1:10:11
  because like, what's the point of only talking to people that
• 1:10:13
  believe what you believe? We want more people to hold
• 1:10:15
  Bitcoin. You want to spread the signal
• 1:10:18
  far and wide so that people understand that Bitcoin is the
• 1:10:21
  best money. And it's really a thing about
• 1:10:24
  power and numbers. Because you know, as much as we
• 1:10:27
  love Bitcoin, as much as we want to stack as much Bitcoin as
• 1:10:30
  possible, it means nothing if it's just a very small minority
• 1:10:34
  of people holding Bitcoin anyways.
• 1:10:36
  Steven Lobka broke this down. Very good on Twitter and he just
• 1:10:41
  goes strap in Daughter posts viral tick tock about dad
• 1:10:44
  abandoning the family for break dancing.
• 1:10:46
  Next post. This is after another viral tick
• 1:10:48
  tock where she claimed the feminists left her body when a
• 1:10:50
  man paid for a day. Dad records a video correcting
• 1:10:53
  the record, Dad is wearing a Bitcoin shirt, describes a
• 1:10:56
  divorce, was living down the street, et cetera, et cetera, et
• 1:10:59
  cetera. Paid 5 million in settlement
• 1:11:01
  drops a banger line about inflation, subtle nod to
• 1:11:04
  Bitcoin, and dad who is 66. Then breakdance in front of a
• 1:11:07
  giant Bitcoin flag win podcast and the inflation line that he
• 1:11:12
  was talking about. He basically said in 2005 I paid
• 1:11:15
  $5 million for what do you call it, Alimony.
• 1:11:19
  No child. Whatever the child, you pay for
• 1:11:22
  the kid after a divorce and he's like, and now that's probably
• 1:11:25
  like $10 million. So average people.
• 1:11:28
  Obviously he's a bit corner, so I won't say he's average, but
• 1:11:31
  that signal is spreading and people are starting to realize
• 1:11:34
  what the problem is with inflation and the reason why.
• 1:11:38
  But Elizabeth Warren can go out and go greed, inflation.
• 1:11:41
  It's not because of the greedy corporation, it's not because of
• 1:11:43
  the greedy capitalists. It's because they're printing
• 1:11:45
  too much money and they are destroying the dollar.
• 1:11:47
  And everyone is waking up to this.
• 1:11:49
  And as more and more people start to get flashes of the
• 1:11:53
  Bitcoin logo, of Bitcoin content, of the Bitcoin price
• 1:11:56
  ticker on corporate press about the price moving up the FOMO
• 1:12:00
  that we are about to unleash on the hard cap Bitcoin supply of
• 1:12:04
  21,000,000 is really going to rock the world.
• 1:12:08
  We are entering into, I believe a prime time in Bitcoin price
• 1:12:12
  movement. I don't believe in diminishing
• 1:12:14
  returns because there's very few people that are even holding
• 1:12:16
  Bitcoin. I think it's going to go crazy.
• 1:12:19
  But you're seeing that Bitcoin is starting to saturate popular
• 1:12:22
  culture, whether it was like last week, you know, Tim Poole
• 1:12:24
  talking about it. We've seen Tucker talk about it.
• 1:12:27
  We've seen, you know, this guy, what's what's his name?
• 1:12:31
  Ben. Ben Hart shouts out to him.
• 1:12:34
  Just an unlikely hero of the Bitcoin community.
• 1:12:37
  I saw this video going viral over the weekend, and I never
• 1:12:39
  clicked it. And then I clicked it this
• 1:12:40
  morning. I'm like, wait, this guy's
• 1:12:41
  decked? And bitcoins?
• 1:12:43
  Like, what is going on here? 7 million views?
• 1:12:45
  Like, wow. All right, guys.
• 1:12:47
  Anyway, this is part of the idea we talk about here, breaking the
• 1:12:51
  echo chamber and politics is downframes from culture.
• 1:12:55
  If more and more people hold Bitcoin saving Bitcoin, then it
• 1:12:59
  doesn't matter what these unproductive class people like
• 1:13:01
  Rishi Sanak or whoever Elizabeth Warren say about Bitcoin.
• 1:13:05
  We know the problem. They've printed too much money,
• 1:13:07
  they destroyed the dollar, and there's no way out of it.
• 1:13:10
  They have to keep printing the dollar, and the only way to
• 1:13:13
  protect yourself is by saving in Bitcoin.
• 1:13:16
  Hence why Nico kind of brought up the beauty on tweet where
• 1:13:18
  he's talking about the Wall Street bets guys, Wall Street
• 1:13:20
  silver guys. It's like they can pinpoint the
• 1:13:22
  problem all they want, but they're not talking about the
• 1:13:24
  solution. And you can fix this and that is
• 1:13:27
  the problem. You can fix this by opting into
• 1:13:29
  Bitcoin. There is a solution here.
• 1:13:32
  It is Bitcoin and we were going to see more and more of this so
• 1:13:35
  unlikely. Hero shouts out to the 64 year
• 1:13:38
  old break, 66 year old break dancing dad dude winning.
• 1:13:41
  Win the culture. Winning over the culture.
• 1:13:43
  We have to get this guy on simply Bitcoin.
• 1:13:46
  Speak to him. He's probably super based, but
• 1:13:49
  this is how you win guys. We have to take over the
• 1:13:52
  culture. We have to win over the hearts
• 1:13:54
  and minds, one person at a time. No individual left behind unless
• 1:13:59
  they for whatever reason they want to continue using Fiat.
• 1:14:03
  But but yeah, this is this is how we win.
• 1:14:06
  Anyways, guys, thank you so much for tuning in to simply Bitcoin
• 1:14:09
  guys, if you enjoyed the show. We literally broke.
• 1:14:12
  We had 115 people watching us on on a rumble alone, 360 on
• 1:14:19
  YouTube, another. I think we peaked at like 40 or
• 1:14:22
  50 on Twitter. Guys, if you're watching the
• 1:14:25
  show and you're enjoying it, smash the like button really,
• 1:14:28
  really helps with the algos. Please share this content.
• 1:14:32
  If you have a family member they don't understand, share this
• 1:14:35
  video. Share it, share it.
• 1:14:36
  Simply Bitcoin. Get the message out there.
• 1:14:39
  If you have Bitcoin stickers, post them everywhere.
• 1:14:42
  Bitcoin merch, You know, wear it.
• 1:14:46
  Wait, wait, Simply Bitcoin does Wait.
• 1:14:48
  Simply, Bitcoin does not endorse vandalism.
• 1:14:51
  We don't exactly. We don't endorse vandalism, but
• 1:14:53
  if you guys merch, merch works. Look at the Jack Dorsey stuff.
• 1:14:57
  So anything Bitcoin related, you have to win over the culture.
• 1:15:01
  Share Bitcoin music, share Bitcoin content.
• 1:15:04
  Get the message out there. This is how we win.
• 1:15:06
  Spread it far and wide. A lot of people are.
• 1:15:10
  They feel the discontent, they feel the hurt.
• 1:15:13
  They feel the yeah, it's political.
• 1:15:17
  It's not. It's the broken money fix.
• 1:15:19
  The money fix. The world.
• 1:15:21
  Can I touch on that real quick? This is the whole point of it,
• 1:15:24
  man. Like, look out into the world.
• 1:15:27
  Everyone is feeling the pain right now.
• 1:15:29
  And you know, I know a lot of people like, yo, I don't even
• 1:15:32
  talk about Bitcoin anymore. We did the Snowden tweet.
• 1:15:34
  Like, if you don't get it, I don't have time to convince you.
• 1:15:36
  But I don't know. I look at my friends and my
• 1:15:38
  family and I sympathize with them.
• 1:15:41
  I empathize with them. And hence why I constantly hit
• 1:15:45
  my parents as much as possible with the signal.
• 1:15:47
  You know, they're they're kind of orange pilled, but like, I
• 1:15:50
  wish they were fully orange pilled.
• 1:15:52
  And so I do my best to not be too preachy when I talk about
• 1:15:56
  Bitcoin, but also just like be an example, like this is what
• 1:15:59
  you should be doing. Here's the problem.
• 1:16:01
  The solution is Bitcoin. So the more we do this, the more
• 1:16:05
  people can actually benefit from Bitcoin and help themselves and
• 1:16:09
  live a better life. And that's what this is all
• 1:16:11
  about, is you guys out there living a better life because
• 1:16:14
  you're on the Bitcoin coin standard.
• 1:16:15
  It's not just about ranting about Bitcoin virtue signaling
• 1:16:18
  about Bitcoin, it's about improving your life with the
• 1:16:21
  Bitcoin standard because we are all feeling the detrimental
• 1:16:25
  effects of the number go down technology that is the Fiat
• 1:16:28
  standard we currently live in. Bars.
• 1:16:31
  All right, guys, you know, you know the deal.
• 1:16:33
  Smash the like button. We're almost at 200 likes.
• 1:16:36
  Almost a 200 likes on on YouTube.
• 1:16:38
  Smash it, we're at 193. Anyways, love you all guys.
• 1:16:42
  Have an amazing day. I know it's a holiday here in
• 1:16:44
  the US, but simply Bitcoin doesn't stop.
• 1:16:46
  Honey Badger Media doesn't stop. We'll be back tomorrow for a
• 1:16:49
  brand new episode of Simply Bitcoin Live.
• 1:16:51
  Enjoy the rest of your day guys. We love you all.
• 1:16:54
  Peace out, everybody. Today's episode was brought to
• 1:16:58
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:17:02
  mission to enable financial independence.