Latest / Simply Bitcoin / BREAKING: Donald Trump Officially on Team Bitcoin | EP 987
Transcript
- 0:02It's. All going to zero against
- 0:05Bitcoin. It's going up forever.
- 0:15You're against Bitcoin. You're against freedom.
- 0:22Yeah. Welcome to another episode of
- 0:24Simply Bitcoin Live. We're the number one source for
- 0:27the peaceful Bitcoin revolution code breaking news called
- 0:29traumatic warfare. We will be your guide through
- 0:30the separation of money and state.
- 0:32Ladies and gentlemen, welcome to Simply Bitcoin.
- 0:34The most watched daily Bitcoin only live show on YouTube.
- 0:37Rumble, Annex. Sit back.
- 0:39Relax. Enjoy the ride.
- 0:40We have a lot to talk about today.
- 0:42It's one of those episodes where yeah, yeah, yeah, we're gonna go
- 0:46there because you know what? No one is saying The choir part
- 0:48out loud and the reality is this.
- 0:50OK there's AUS election coming up.
- 0:55All the candidates are not exactly great.
- 0:58I would say they all they're not amazing but there's a big
- 1:03there's there's big difference between you know one and then
- 1:08the other two which are FK Junior and and Trump and and
- 1:11Biden. Right.
- 1:14And I want you guys to really understand what is the ultimate
- 1:18end goal. The ultimate end goal here is
- 1:21the separation of money and state.
- 1:24That being said I'm a single issue voter.
- 1:26I I I don't really care about the Fiat politics.
- 1:29I think the Fiat politics are a symptom of broken money.
- 1:33I think if we fix the money we do separate money from state.
- 1:36I really do believe in the theory from the sovereign
- 1:38individual. I think it makes politics
- 1:40irrelevant over the long run. That being said, we are still in
- 1:44a transitionary period, so unfortunately politicians can
- 1:50make your life a living hell if you live in a certain
- 1:55jurisdiction. And what we have seen from the
- 1:58current administration over the last two years, whether it's
- 2:02Operation Shook .2 point O. Whether it's the proposed 30%
- 2:07mining tax, whether it's, you know, locking up Bitcoin,
- 2:12privacy developers, hashtag, free samurai, whatever it oh,
- 2:17advocating for central bank digital currencies.
- 2:20It is an undeniable fact from a regulatory perspective, purely
- 2:25that the current administration is not friendly towards Bitcoin.
- 2:30They don't like it. They want a monopoly.
- 2:33They want a central bank digital currency monopoly.
- 2:36They've made that clear as day so I'm approaching it from that
- 2:41angle And the other candidates that have a shot at winning,
- 2:44which is RFK Junior and Donald Trump have both taken a now it's
- 2:50official have both taken an anti central bank digital currency
- 2:54stance and Trump last night we're going to play you guys.
- 2:58The video has taking has taken a pro Bitcoin stance, pro crypto,
- 3:04put Bitcoin in there 'cause I don't think they really know the
- 3:07difference between the two RFK and Trump.
- 3:10So we have gotten to a point in bitcoins history where Bitcoin
- 3:16is entering into the political landscape, it's entering into
- 3:20the political sphere. This was always an
- 3:23inevitability. This is a separation of money
- 3:26and state ultimately comes down to power.
- 3:29There's a bureaucratic elite that have this very special
- 3:32privilege of having the God like power of being able to create
- 3:36money for free that everyone else has to work for.
- 3:40Did you really think that they were just going to hand over the
- 3:42keys and say you have found better money, we're just going
- 3:45to pack it up and go home? Absolutely not.
- 3:48They're going to pull, they're going to take out all the tools
- 3:51that they have and they're going to try to stifle innovation.
- 3:56They're going to try to stop this.
- 3:57And this is exactly what's been happening now.
- 4:00Politicians need to get elected, right?
- 4:03So, you know, they, they like to tell their constituents and they
- 4:07like to tell people things that would get them elected.
- 4:11And Trump or RFK would not be saying these things if they
- 4:16didn't believe that there was a base of people that supported
- 4:20the industry that liked Bitcoin. Therefore, because if not, they
- 4:25wouldn't be saying it right. You know, no one is better than
- 4:27their incentives fundamentally. So we have reached that part
- 4:32where we unfortunately, it's a very uncomfortable conversation.
- 4:36I would say it's slightly outside of the Overton window,
- 4:39the acceptable window of discourse to talk about very
- 4:43divisive figures, one of them being Donald Trump, RFK Junior,
- 4:49not so much. And guys like we have to face
- 4:53that reality. We have to face that reality
- 4:55that unfortunately here in the US there's three choices, one
- 5:01being very negative from a regulatory standpoint and the
- 5:06other two being very positive from a regulatory standpoint.
- 5:11I'm not the only one that is picking up this trend.
- 5:13It's becoming incredibly obvious.
- 5:15However, I will say that I was one of the first to say the
- 5:19choir part out loud, which was. And the reason that I had a
- 5:23feeling that, you know, I I was like holding in that tweet for
- 5:26like months. And I was going back and me and
- 5:28Opti were going literally back and forth saying like, dude,
- 5:30like, I can't release this tweet.
- 5:32Like it's outside the Overton window.
- 5:35And then the samurai wallet thing happened.
- 5:38When the samurai wallet thing happened, I I took the gloves
- 5:41off and I said, you know what? If they're locking us in a box,
- 5:44it's time to just say the choir part out loud, which is the
- 5:48current administration is anti Bitcoin and pro central bank
- 5:52digital currency, and the candidates that the current
- 5:55administration is up against in the next election are pro
- 5:59Bitcoin and anti central bank digital currency.
- 6:02As a bitcoiner whose goal is the separation of money and state
- 6:06like which of the three, which which option is is best suited
- 6:12in order for you to achieve your goal, right?
- 6:14It's, it's incredibly obvious, but because this is such a
- 6:17divisive environment, because it's such a, you know,
- 6:20politically heated, very divided country at the moment, I think
- 6:25people are getting lost in the Fiat politics sense.
- 6:29I ask you not to do that. I ask you to pay attention to
- 6:33the end goal. The end goal is the separation
- 6:35of money in state and the end goal is fix the money, fix the
- 6:39world. I truly believe Bitcoin is the
- 6:41great unifier. It's going to bring people
- 6:43together, but the last thing you want to happen is a hostile
- 6:47regulatory environment which is incentivizing Bitcoin companies
- 6:51to pack up and move overseas. That is already happening at a
- 6:55record pace, Wasabi Phoenix Wallet, Wallet of Satoshi.
- 7:01Like, you can literally put the you can go down the list and you
- 7:06can point out so many Bitcoin companies that have just chosen
- 7:09just to like, you know, what? the United States of America,
- 7:13out of all countries on the face of the planet is now way too
- 7:17hostile for me to develop my Bitcoin business here.
- 7:21Like, no, no, you know, it's, it's crazy.
- 7:26So what's the choice? The choice is.
- 7:29And I know a lot of people in the chat are saying, like, our
- 7:32votes don't matter, votes don't count, like, blah, blah, blah.
- 7:36Look, reality is this, elections have consequences.
- 7:40That's number one. #2 is you might not care about politics,
- 7:45but it surely does care about you.
- 7:48That's the reality. So unless you want to, unless
- 7:51you have the means and the willpower to literally pack up
- 7:56and move to another location, which you could always do, you
- 7:59can vote with your feet. Unfortunately it is what it is
- 8:03and you you kind of have to see it because if we're heading into
- 8:07a territory and we've been covering this for the last
- 8:09couple weeks where they're demonizing and they're planting
- 8:12the seeds to I think eventually criminalize self custody, shut
- 8:16off the on ramps. And if you think that that is
- 8:18totally crazy or hyperbolic they've done this in the past
- 8:23with the six one O 2 order. You know they literally made it
- 8:25illegal for American citizens to own gold.
- 8:28Like if you think that like a wounded animal trapped into a
- 8:33corner, the state isn't capable of doing things to ensure it's
- 8:38self preservation, you're absolutely naive and you haven't
- 8:42been paying attention to what's been happening the last five
- 8:44years, right? So wake the F up, you know, take
- 8:50your emotional stuff and put it aside and focus on our end goal
- 8:56here. And our end goal here is the
- 8:59separation of money and state. One candidate is hostile towards
- 9:03it. Two candidates are pro Bitcoin,
- 9:07which furthers our 'cause. I can give a flying F about all
- 9:12the other policies because it's just Fiat garbage, like it's
- 9:17meant to divide and conquer. That's like, I really believe
- 9:20that, right? So anyways, it's going to be a
- 9:23spicy episode, so no more delay. I do want to bring up my
- 9:26legendary guy who is already giggling and laughing, 'cause he
- 9:29knows. He knows.
- 9:30He sees the writing on the wall and he's like, oh God damn God.
- 9:35This is gonna be a great show. This is gonna be a great show.
- 9:37I'm excited for this. When the chat's going wild.
- 9:39Right now, this might be the most active chat we have we've
- 9:42had in a while. So you know, this is a great
- 9:43topic. But before, before I go into it,
- 9:46I'm not even gonna give my take on what what Trump said and all
- 9:50that. But first and foremost, I think
- 9:52everyone knows my initial fundamental stance is I don't
- 9:56trust politicians. I know that politicians always
- 10:00say things to try to get favor from the populace, but hey,
- 10:05there is a very defining trend that we're seeing right now.
- 10:09One side is anti Bitcoin pro CBDC and the other side is anti
- 10:13CBDC pro Bitcoin. So I'm not a one issue voter per
- 10:17se, but hey, if you are endorsing Bitcoin, I I'm
- 10:21starting to like you more. I'm not going to lie, you know,
- 10:24I was trolling, trolling my mom and and my brother and sister
- 10:26last night and basically saying like I'm I'm pro Trump now, like
- 10:29I'm a trumper because he's pro Bitcoin.
- 10:31Like let's go. But I think the real signal
- 10:34here, and I think the real defining motion here is, is what
- 10:38you said. Nico, is that Trump's a
- 10:40businessman and he sees the landscape, he's reading the room
- 10:44and he realizes that there is a lot of businesses that are
- 10:48coming out of Bitcoin. And hey, if you want to improve
- 10:52your country, you don't hold on, hold on.
- 10:54Hold on. No, no, no.
- 10:55I'm gonna stop you right there. Dude.
- 10:56I don't even know what the Trump is.
- 10:58Hey, I don't. Know what to.
- 11:00Expect. But.
- 11:04But, but, but like like, let's take it to 1st.
- 11:08Let's let's take it to the fundamental basics.
- 11:11Bro 'cause I don't want to advocate for a candidate like,
- 11:15oh Trump, is this RFK? Is that Biden?
- 11:18Is this No, no, no, no. I don't even want to go there.
- 11:20I'm just going to say this one hates Bitcoin.
- 11:24The other two are pro Bitcoin and anti CBDC.
- 11:29It's Bitcoin or slavery, Bitcoin or central bank digital
- 11:32currencies. There's two options, right?
- 11:34There's two guys that are pro Bitcoin, anti CBDC meaning anti
- 11:39slavery. And then there's one guy that's
- 11:41anti Bitcoin. So I mean anti freedom and pro
- 11:44slavery which is central bank digital currency.
- 11:47That's it. I'm not going to get into the
- 11:49whole rabbit hole of discussing Trump is this RFK is that I
- 11:53don't give a flying FII just don't care because my mind is on
- 11:58the goal, which is the separation of money and state.
- 12:02My goal is fix the money, fix the world.
- 12:05And I believe that if we get another four years of the
- 12:09current administration, I would not be surprised.
- 12:12I'm going on record saying this, that they literally make a self
- 12:18custody Bitcoin illegal or they tried to shut off the on ramps
- 12:22altogether. I would not be surprised at all.
- 12:25All right. Opti, I'm sorry to interrupt
- 12:26you. Yeah, I won't let you finish,
- 12:28Nico. Sheesh, let me finish.
- 12:30No, all I'm saying is it is in the benefit of the US to
- 12:34incentivize businesses to stay in Bitcoin and incentivize
- 12:38entrepreneurs to come into Bitcoin.
- 12:40That's that's where I was going with Nico.
- 12:42But yeah, man, hey, it's the meme.
- 12:44We say it all the time, Bitcoin or slavery.
- 12:47It's becoming very clear, at least on paper and in rhetoric,
- 12:51who's who. So I agree with you Nico.
- 12:54Like, I mean like guys. And I know there's going to be a
- 12:56lot of people because it's such an emotional thing.
- 12:59And I understand and I empathize with you, but you have to look
- 13:03at it from a purely objective like fact.
- 13:06And that's what we're going to lay out for you guys today.
- 13:09We're going to literally compare and contrast the two.
- 13:12We've covered RKRFK tremendously and we'll let you guys decide
- 13:17like it is an objective fact. You cannot deny it at this
- 13:21point. Has nothing to do with right or
- 13:23left, has nothing to do with conservative or liberal right.
- 13:27RF, KS, Dope 2. From the Bitcoin regulatory
- 13:30standpoint, I don't really care about the policies and that all
- 13:34that other stuff right. Anyways, so I do want Josh,
- 13:37Josh, unfortunately you have you've had to join us on one of
- 13:40the most spicy episodes that I think we'll do.
- 13:45But I think it's also a very necessary episode that we have
- 13:48to do. So Josh, we saw each other at
- 13:52the Bitcoin having party in El Salvador.
- 13:54It was great to meet you and you have some awesome projects that
- 13:59you're working on which I think are incredibly important.
- 14:01I think, you know, guys, we have to look at this, the separation
- 14:05of money and state as a combined effort of individuals and we all
- 14:09have a role to play, right? So Josh, can you give a quick
- 14:13elevator pitch on what you're working on these days?
- 14:16Yeah. Hey.
- 14:17Hey, thanks. Thanks for having me guys.
- 14:19And yeah, it was good to, good to meet you in El Salvador, Nico
- 14:23and Opti. I was looking for you in El
- 14:26Salvador, but I guess you were busy chasing this El Salvador.
- 14:30So you know, you say you're always looking to get close to
- 14:33the money printer, but I think you're getting closer to baby
- 14:37maker on that one. But.
- 14:39Hey, we got to make more babies, so I endorse this message.
- 14:42I don't. But hey, you know what?
- 14:44Props to you, man, because you don't make shots you don't take.
- 14:48So good job, man. Definitely.
- 14:50Let's go. Exactly.
- 14:51Wayne Gretzky gets it. Yeah, 100.
- 14:54Percent. So, so you you wanted to ask
- 14:59what I'm what I'm working? On Yeah.
- 15:00So what are you working on these days, Josh?
- 15:02Sure, sure. So I am, I'm in real estate and
- 15:06I have, I've been into it for the last 25 years.
- 15:13And I guess I got to kind of pull back a little bit, give you
- 15:16a little bit of back story. So 25 years ago, the thing to do
- 15:21was when you started making money and acquiring some wealth,
- 15:25you would buy a house, you know, beyond your primary residence
- 15:30and that you would make it a rental and you'd put a tenant in
- 15:35it. You'd get them paying the rent
- 15:38and then you'd get that up and running and that money that the
- 15:41tenant would pay would pay your mortgage.
- 15:45And then once that's spinning OK, it's like spinning a plate.
- 15:49And once you got that one plate spinning, then you'd go to the
- 15:52next one and you'd buy another house and just pretty much
- 15:55replicate the the, the sauce and just keep keep doing it over and
- 15:59over and over again. And so that was what I was doing
- 16:04for, for several years was just buying rental properties,
- 16:07investment properties and just trying to get the tenants to pay
- 16:13the mortgages. And then over 20 years, I found
- 16:17that hey, guess what, they've pretty much paid the mortgage
- 16:19off. And so that was the traditional
- 16:22way to to garner wealth and I'm in my mid 40s.
- 16:27So that was kind of the way our generation looked at it.
- 16:32But then in the last 15 years, we had this magical Internet
- 16:38money show up and and now it's Bitcoin.
- 16:42And that's where I've been pursuing that over the last
- 16:48seven years. And so now I'm actually kind of
- 16:53flipping the script and I'm starting to sell off rental
- 16:56houses to buy Bitcoin. Awesome and and I think that's
- 17:01like an example of right we and I think Parker Lewis wrote and
- 17:05not I think I know Parker Lewis wrote an incredible police said
- 17:07it was released by Unchained Crawled the great define de
- 17:12financialization. Essentially, he was making the
- 17:15case that a lot of these assets, whether it's real estate, art or
- 17:19whatever you can think of, have a monetary premium 'cause people
- 17:23are trying to maintain their values or maintain their
- 17:26purchasing power or actually increase their purchasing power
- 17:29over time. But what happens when there's a
- 17:31superior asset like Bitcoin? A lot of that is going to flow
- 17:35from those assets into Bitcoin, right?
- 17:38That's the theory. It's not only a theory now
- 17:40because now we have like an example of of an individual
- 17:44who's doing just that. So I'm excited to cover that in
- 17:47the culture. So guys, it's going to be a
- 17:49great show. Before we jump into it, I do
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- 20:35Bitcoin prices 62,440 block height 842,726 SATS per dollar
- 20:431602 The market cap of Bitcoin currently at 1.23 trillion
- 20:49Bitcoin priced in gold. 26.9 oz Bitcoin versus gold market cap 7
- 20:55point 7.69% percentage issued 93.79% declined from all time
- 21:03high 15.3% it's a 15% discount if you stack those sats today.
- 21:09Forward monetary inflation .85% Realize monetary inflation 1.69%
- 21:18you know on simply we we we we try to adopt the Bitcoin ethos
- 21:26and the game theory aspect of Bitcoin.
- 21:28So a lot of the things that I think are playing out today and
- 21:32we try to take the logic from the sovereign individual, try to
- 21:35apply it to where we are in a historical sense.
- 21:40So there's a lot of things when you apply game theory and
- 21:43incentives to certain situations that you can anticipate, you
- 21:49can't predict, but you can anticipate like, OK, it was
- 21:53obvious that a country was going to make Bitcoin legal tender.
- 21:57It was obvious that eventually there was going to be an ETF.
- 22:00Now it was obvious, But just because it's obvious doesn't
- 22:04mean that you're going to believe it's going to happen
- 22:06because it's never happened before.
- 22:07So it's like literally just living in your imagination.
- 22:10Now, one of the things that we predicted or speculated on was
- 22:15back in back three months ago, we said, you know, is Donald
- 22:20Trump on Team Bitcoin? Why did we say that?
- 22:22Well, it was becoming incredibly obvious that the current
- 22:25administration was taking a political stance on Bitcoin,
- 22:29right? And Vivek, shut up Vivek
- 22:32Ramaswamy, which did great in the Republican presidential
- 22:35candidate candidate race. We know that he tapped on Donald
- 22:41Trump and told them about central bank digital currencies
- 22:44to the point that Trump actually mentioned this on the campaign
- 22:48trail. I'll let you guys hear the
- 22:51video. We I love him too.
- 22:53Now, I didn't love him when he was running, but I like him now.
- 22:56It's amazing the way you can like somebody when you win,
- 23:00right? But Vivek is great.
- 23:04He's really great. But he wanted this and I'll give
- 23:07him full credit for it is very important actually.
- 23:09I will never allow the creation of a central bank digital
- 23:13currency. OK, so first video right off the
- 23:18rip. Please pay attention to what we
- 23:24want. Separation of money and state,
- 23:25right? Fix the money, fix the world.
- 23:29Policies are relevant, right? Bitcoin, if you're a bitcoiner
- 23:33and you want the separation of money and state, you believe
- 23:36that Bitcoin will eventually make politics completely
- 23:39irrelevant, right? So the question is, how do we
- 23:42get from A-Z? All right, that's that's that's
- 23:44the question, right. So when he said this, I was
- 23:50like, OK, I think it's just a matter of months before he joins
- 23:54Team Bitcoin. But let's talk about the Overton
- 23:58window, because I think a lot of the reason, and I know take a
- 24:03shot, by the way, if you're in the audience, I know that's one
- 24:05of the jokes. One of the reasons that this is
- 24:08so unpopular, you can't even say this is because of how divisive
- 24:13Donald Trump is. And RFK Junior, not so much.
- 24:18But you can't say these types of things.
- 24:21At the risk of being other, at the risk of people interpreting
- 24:25what you're saying and saying you like Trump, I can no longer
- 24:28talk to you. And again, it's outside of the
- 24:34Overton window. But the moment where they put
- 24:37one of us in a box, the moment that they arrested a Bitcoin
- 24:40privacy developer, they have escalated Essentially what is
- 24:47what is happening right now. They've escalated the situation.
- 24:53So I thought it was incredibly important to mention this and
- 24:57you know, on on on Twitter, what tends to happen is a tweet only
- 25:02performs if it resonates with a lot of people.
- 25:08And back in April 25th, so not that long ago I said, all right,
- 25:12I'm going to say it because it was incredibly obvious at that
- 25:14point. No one is saying it, which I was
- 25:17very surprised in the Bitcoin community.
- 25:20Biden winning re election would be terrible for Bitcoin in the
- 25:24US and I'll make the case for why that is and I've been
- 25:27threading it with multiple examples of one from Pierre
- 25:32Richard, his words not mine. Biden's authoritarian attack on
- 25:35Bitcoin is anti competition. He wants a central bank digital
- 25:40currency and then when we'll get to during the news segment in
- 25:45regards to the current legislation, why I believe, you
- 25:50know, the administration has gone out of the way and say
- 25:52listen, even if this passes the House and the Senate, we're
- 25:56going to veto it. I believe it's a political
- 25:59stance. So let's go through some of the
- 26:03before I play you guys the, you know the the Trump video from
- 26:08from yesterday. I want to go through some of the
- 26:11things that Biden has done, the Biden administration
- 26:14specifically has done towards the industry.
- 26:18Obviously the most obvious one has been the 30% Bitcoin mining
- 26:25tax in the budget proposal for 2025.
- 26:29Keep in mind, Bitcoin miners are like toasters.
- 26:31They use electricity just like a washing machine, just like a
- 26:34video game. Why is there a 30% tax
- 26:37specifically on Bitcoin miners and not on everything else?
- 26:42Well, obviously it's because they want to kill the industry
- 26:44in the United States right there.
- 26:45It's a political move, not so much a you know, for whatever,
- 26:51you know, whatever the other reason is.
- 26:53Now Nick Carter wrote this incredible piece which we
- 26:55covered when it came out. Wow, it's almost been more than
- 26:58a year now. That's crazy.
- 27:00And we were talking about it. Operation Choke .2 Point O and
- 27:04Nick Carter did an incredible point, incredible job laying out
- 27:08all the different things that they have done over the last
- 27:12couple of weeks. So I'll start off with the top,
- 27:15it says what began as a trickle is now a flow. the US government
- 27:19is using the banking sector to organize a sophisticated,
- 27:22widespread crackdown against the crypto industry.
- 27:25And the administration's efforts are no secret.
- 27:28They're they expressed plainly in memos, regulatory guidance,
- 27:31and blog posts. However, the breadth of this
- 27:34plan spanning virtually every financial regulator as well as
- 27:37its highly coordinated nature as even the most steely eyed crypto
- 27:41veterans nervous that the crypto businesses might end up
- 27:44completely unbanked, stable coins may be stranded and unable
- 27:48to manage flows in and out of crypto, and exchanges might be
- 27:51shut off from the banking system entirely.
- 27:54And it goes through a bunch of different things.
- 27:57So on December 6th, Senator Elizabeth Warren, John Kennedy
- 28:00and Roger Marshall send a letter to crypto friendly bank
- 28:03Silvergate scolding them for providing services to FTX and
- 28:07Almeida Research and lambasting them for failing to report
- 28:09suspicious activities associated with those clients.
- 28:12Signature Analysis is intent to have deposits described to
- 28:16crypto clients. In other words, they'll give
- 28:18customers their money back, then shut down their accounts.
- 28:21Goes on to say the Fed, the FDIC and the OCC released a joint
- 28:25statement on the risks of banks engaging with crypto.
- 28:28Not explicitly banning banks ability to hold crypto or deal
- 28:32with crypto clients, but to strongly discourage them from
- 28:35doing so on a safety and sound basis.
- 28:40Metropolitan Commercial Bank announces a total shutdown of
- 28:43crypto assets related vertical Silvergate stock falls to a low
- 28:47of 11.55 on a bank. RUM and insolvents of years have
- 28:50traded as high has $160. Binance announces that due to
- 28:54policy at Signature Bank that they will only process user Fiat
- 28:58transactions. More than 10,000 Fast forward.
- 29:00A year later, Roger Ver was arrested in Spain for not paying
- 29:06his exit taxes. CZ was sentenced.
- 29:10The richest man in the world sentenced to four men, four
- 29:13months in prison. Arthur Hayes was also charged.
- 29:16The founder of Bitmex, right? And keep in mind you would say,
- 29:19wow, these are all shit coiners, Nico.
- 29:22They deserve absolutely no mercy.
- 29:24The problem is that now they're coming after us when they lock
- 29:27Bitcoin privacy developers in jail.
- 29:29And I also want to remind everyone that no banker went to
- 29:32jail in 2008 and I would make the argument that they did a lot
- 29:37more damage to society than any of these altcoin shit coin
- 29:41casinos right? Like 2008 was very destructive.
- 29:48And the fact that no banker went to jail tells you that it's they
- 29:52play by a different set of rules, the different, the cartel
- 29:56functions differently, and they actually want you to know that.
- 29:59Also, not to mention the public's, the quote, UN quote
- 30:02public service announcement that came out from the FBI of all
- 30:05people, literally kind of. It's kind of like a veiled
- 30:08threat in a way. But they, you know, in this
- 30:11public service announcement, they say avoid using services
- 30:14that advertise themselves for legal purposes, right.
- 30:16You can make a good argument for that.
- 30:18Be cautious when using cryptocurrency services known to
- 30:21be used by criminals to launder their funds.
- 30:23I mean like you could say like Sparrow wallet, you know, It
- 30:29says beware financial services that do not ask for KYC
- 30:32information including name, date of birth, address and an ID.
- 30:36Understand that just because an app can be found in an App Store
- 30:39does not necessarily mean it is a legal service and is complying
- 30:42with federal requirements. Like you can see how like that
- 30:46is a very slippery slope, right? Oh, Electrum wallet was used for
- 30:51illicit means and it didn't ask for KYC and date of birth.
- 30:56And also we didn't give it a a stamp of approval.
- 30:59And just because it was an App Store, like, you know, Sparrow
- 31:02Wallet, yeah, you guys have to pack up shop.
- 31:05Bitcoin, Bitcoin Core, you know, like you can see where they're
- 31:08going. It's obvious like the they're
- 31:11coming after self custody, right.
- 31:14So I do want to play the the video from yesterday.
- 31:20And we have to understand from the historical perspective that
- 31:25now a presidential election will determine the regulatory
- 31:29environment for the Bitcoin industry for the next four
- 31:32years. This isn't just me saying this,
- 31:36you know, observing this and pointing this out.
- 31:38Here you have the CEO and founder of River saying this is
- 31:42objectively true. And he's agreeing to my
- 31:45observation in terms of the current administration's
- 31:48hostility towards the space. And this is the point that I
- 31:52want to make to you guys before I play the video.
- 31:54But this is the reality and this is separation of money and
- 31:58state. And Bitcoin itself might be
- 32:00neutral, but the consequences of what a Bitcoin standard is, is
- 32:07going to have for the world are incredibly political in the
- 32:10sense that yes, it takes power away from central bankers and
- 32:14politicians and it gives it back to the people.
- 32:17Like that is literally a revolution of sort, right?
- 32:21Like this was always going to happen.
- 32:24So it's incredibly important for you guys to understand what is
- 32:27going on. Be aware, right.
- 32:30So this is what I said yesterday.
- 32:31I said Bitcoin is entering the political sphere.
- 32:34And the reason that politics is uncomfortable for most people is
- 32:37because it concerns power at the highest level where morality
- 32:41completely goes out the window. You might not care, but the
- 32:44regulatory, you might not care, but the regulatory environment
- 32:47in your country will have an impact on your life.
- 32:51And that is a fact. Like you can't deny that, like
- 32:54unless you want to keep moving and you have the means because
- 32:58you hear that a lot from bitcoiners and I'm one of them.
- 33:00But multiple passports, big fan, you know multiple jurisdiction
- 33:04jurisdictional arbitrage, Let's get the F out of here, move to
- 33:07Dubai, all all fine and dandy, but I would say most people
- 33:12don't have the means or have family ties in their
- 33:15jurisdiction that they're in. Right.
- 33:18So I'll play you guys the video. It's about 29 seconds long and
- 33:21here is basically, you know, a crypto shit coiner asking Trump
- 33:27you know, some questions. Let's let's check out what he
- 33:29has to say. Thank you for the statement.
- 33:30Yeah, with the goggles on. A lot of the smartest.
- 33:33People in crypto are moving their businesses out of the.
- 33:36US because they're scared of like EU s s regulations.
- 33:39Because of the hostility, correct?
- 33:40Yeah, crypto is moving out of the US because of hostility
- 33:43toward crypto. Correct.
- 33:44So what are you going to do is stop it.
- 33:45Well, we'll stop it. Because I don't want that.
- 33:47I don't want that. I want that.
- 33:49If we're going to embrace it, we have to let him be here.
- 33:52Yes, Sir. Morgan.
- 33:56So again, anti CBDC, right? You could not be a fan of how
- 34:01Trump says things. It's interesting, right?
- 34:04But he's taking a stance, right? He's basically saying like,
- 34:08look, and I know a lot of people were nitpicking and basically
- 34:10saying Nico, he said crypto and not Bitcoin.
- 34:13It's like bro, people don't even know what Bitcoin is and you
- 34:16expect a perfect candidate to come in there and be a a non
- 34:19Bitcoin hardcore Max. I mean a a non shit coiner
- 34:23hardcore Bitcoin maxi. Like I'll take what I can get
- 34:26type of thing right. Anyways, here's like another
- 34:30another vantage point of this thing, a little bit better of a
- 34:34video. Let's check it out.
- 34:35They are against it. The Biden Biden doesn't even
- 34:38know what it is. If you ask Biden, Sir, are you
- 34:41for or against crypto? What's that?
- 34:43What the heck? Get me off the stage, you say.
- 34:46Get me off the stage. He has no idea.
- 34:49But look against her is very much against it.
- 34:53The Democrats are very much against it.
- 34:55And I say this, a lot of people are very much for it.
- 34:58Probably a lot of the people in this group.
- 35:01And I'm fine with it. I want to make sure it's good
- 35:03and solid and everything else, but I'm good with it.
- 35:06And if you want, if you like crypto in any form, and it comes
- 35:09in a lot of different forms, if you're in favor of crypto, you
- 35:13better vote for Trump. They are against.
- 35:16Politician fundamentally at the end of the day but guys you know
- 35:20it is what it is. I'll leave you with this last
- 35:23comment from Nick Carter. It says haven't heard from the
- 35:26crypto is nonpartisan and quote we have no way of telling who is
- 35:32better crowd lately. And then he goes on to say today
- 35:36Orange Man directly endorses crypto.
- 35:39Joe Biden threatens to veto SAB 121 Overturn which we'll get to
- 35:44in the news and Dems close ranks around FDIC chair corrupt Marty.
- 35:49There's no ambiguity, ambiguity at all.
- 35:53If you are in any way connected to crypto and you vote Democrat,
- 35:57you're directly voting against your own interests.
- 36:01Like guys, I am sorry. Like I'm sorry.
- 36:06Like like it. It's just because like like one
- 36:11has taken 1 stance and the other guys have taken another stance.
- 36:15Now to give Troy Cross credit, and I believe this is incredibly
- 36:19important, Democrat voters are no more likely anti crypto than
- 36:24Republican voters completely agree the politicians are
- 36:28another matter. So that's something to keep in
- 36:31mind. And I completely agree with this
- 36:33because remember, it's not red versus blue.
- 36:36It's not liberal versus conservative.
- 36:39It is the party of orange, the party of Bitcoin, peace,
- 36:42prosperity, opportunity, equality, equity versus the
- 36:46part, the party of slavery, nihilism, war, poverty,
- 36:52nihilism, which is a party of central bank, digital currencies
- 36:56and Fiat. So it's not about Democrat
- 37:00versus Republican. And it's our job to get the
- 37:03message out there and say, hey guys, you know, I, I, I don't,
- 37:07you know, you can have, you're entitled to have your
- 37:10ideological beliefs and your political beliefs.
- 37:12I don't really care about them. But what I can tell you is that,
- 37:15look, you're using a broken money and it is having a
- 37:18negative impact on your life, right?
- 37:22Let's come together and fix the money.
- 37:24Which is why it's not only Trump, it's also RFK Junior who
- 37:30who is, is part of all of this as well, right.
- 37:34So, and that's what I'll say for you guys, right?
- 37:38You have two choices, three choices in front of you, right.
- 37:41You have one which is completely hostile towards the industry.
- 37:45I can't emphasize this enough. I've laid out the the facts for
- 37:48you guys, literally laid it out. And then you have the others.
- 37:53RFK literally gave a speech at literally gave a speech at the
- 37:56Bitcoin conference saying he'll protect your right as a
- 38:00bitcoiner to take self custody and he's anti CBDC, literally
- 38:05going in depth as to why CBDC's are horrible.
- 38:10And then you have Trump which is way more divisive which you
- 38:14heard it, I just played you guys the video anti CBDC and you know
- 38:20pro crypto and whatever, right. So you know it doesn't matter
- 38:25right? Either of them.
- 38:27But there's two choices right? And then there's the the, the,
- 38:34the, the bad choice, you know, So I, I, I hope I laid it out
- 38:38for you guys in a way where you can look at this objectively and
- 38:43see what's going on. I encourage you to do your own
- 38:46research. If you don't believe me, if you
- 38:48feel like I'm I'm being biased. We've tried.
- 38:52We've gone above and beyond on simply Bitcoin to remain as
- 38:56neutral as possible and be objective about this.
- 39:02But the moment they put one of us in a box, the moment they
- 39:06start going after self custody, the moment that you have
- 39:10multiple lightning wallets leaving the United States of
- 39:13America, which is supposed to be the land of opportunity and
- 39:16entrepreneurship, we have a problem and there are current.
- 39:22There are currently candidates that are literally saying we'll
- 39:25do the exact opposite of the people in power.
- 39:28So we have to say it, we have to say the choir part out loud.
- 39:33And unfortunately the choir part out loud is slightly outside of
- 39:38the Overton window. It's it's an uncomfortable
- 39:40conversation because of how divisive Donald Trump is as a
- 39:46figure, right. But you have to look at this
- 39:49objectively from our end goal, which is the separation of money
- 39:54and state. Because we believe that with the
- 39:57separation of money and state, you fix the money, you fix the
- 40:00world, and you make all of this political bullshit completely
- 40:04irrelevant, 100%. So I know guys, slightly
- 40:10uncomfortable conversation, but it is what it is and you cannot
- 40:15deny the data. It's right there, it's right up
- 40:18in your face. They're literally telling you
- 40:20they don't want you to hold the money that doesn't steal from
- 40:24you, and they're literally telling you.
- 40:27We want to retain the privilege of being able to create money
- 40:30for free that everyone else has to work for.
- 40:32Opti Yeah. Wait, Nico.
- 40:34Before we go on though, we did get a super chat, so.
- 40:39Jong, appreciate the $20 Man really helps the show.
- 40:42Thank you so much, Jong said. I voted for Biden.
- 40:45I've witnessed how this administration has been
- 40:47destroying freedoms bit by bit, as have the prior
- 40:51administrations before him. RFRFK, though imperfect,
- 40:55believes in freedom, transactional and speech vote
- 40:58best. Exactly.
- 40:59Boom. Right?
- 41:00It doesn't matter. Trump RFK, it literally doesn't
- 41:03matter, right? It's just like you just have to
- 41:05be aware and I want you guys to be aware if you vote right, that
- 41:10if you vote for Biden, you are literally voting against the
- 41:14Bitcoin regulatory environment in the United States.
- 41:17I can care less and I'm not going into go into all the
- 41:20political issues because this is not that type of show.
- 41:23This is a Bitcoin show anyways, Opti, What's your take on all
- 41:25this, brother? Yeah, so of course, first and
- 41:28foremost, I'm going to caveat everything with you guys know
- 41:31me. I do not trust politicians, at
- 41:34least this current brand of politicians.
- 41:36I think we can all agree that most politicians in in today's
- 41:41politics are either corrupt or they're just straight up you
- 41:45know don't know what they're they're they're idiots to get
- 41:48to. They're corrupt.
- 41:48So you know that's that's my caveat here and of course he is
- 41:52a politician so of course he's going to say what he think will
- 41:56win him votes. With all that being said I'm I
- 41:59think I'm just going to come out and say I like Trump just won
- 42:02the the 2024 election by embracing Bitcoin.
- 42:06I mean and everyone in the chat saying like oh he said crypto.
- 42:09He didn't say Bitcoin Guys, for most average people, when they
- 42:12say crypto, they're talking Bitcoin and everything else.
- 42:16So like you don't need a nitpick on the he said crypto or he
- 42:19didn't really actually say Bitcoin.
- 42:21We kind of know how the game works.
- 42:22If they say crypto, at least in the Norman population that
- 42:25usually means Bitcoin. And he even differentiated
- 42:28there. There's like a lot of different
- 42:29versions of crypto. And so like we, we don't need to
- 42:32nitpick on that whole idea of, oh, he didn't actually say
- 42:35Bitcoin, though. I think the point remains the
- 42:37same that we are seeing two sides of the coin here.
- 42:41There is one that is embracing CBDC's We've seen them attack
- 42:46Bitcoin, we've seen them attack Bitcoin businesses.
- 42:49And if they continue going down that route, we know that it's
- 42:54going to get worse for every single one of us.
- 42:56Unless you're going just full acceleration is mode here where
- 42:58it's like let's get Biden back in there, accelerate this fight
- 43:02and we're going to win anyways, which I I kind of totally agree.
- 43:07On the other side though, hey, I would love a president that at
- 43:11least doesn't attack us as bitcoiners.
- 43:14And so we say it all the time it's Bitcoin or slavery.
- 43:16It's CBD, CS versus Bitcoin. And right now if you're a
- 43:20bitcoiner and I know a lot of bitcoiners out there are one
- 43:23issue voters here. It's becoming a very easy choice
- 43:27here. It's like, yeah, you're voting
- 43:28for Trump. It is what it is guys.
- 43:31Unless a Democrat comes out and being like I'm going to, you
- 43:34know, not attack Bitcoin, then I think your your vote's already
- 43:38made-up for you and I really find it interesting.
- 43:41I gotta, I gotta, I gotta like, interrupt you right there, Opti,
- 43:44because it's not a monolith, right.
- 43:46So there are Democrats that are probably going right, and there
- 43:49are Republicans that are. Also, I do want to caveat that
- 43:53with, I think there is a very huge difference and Troy Cross
- 43:57said it very well. Like, I think there's a very
- 44:00huge difference between those in power, in in the official
- 44:03positions on the left and the right versus just the average
- 44:06everyday people. Like, I fundamentally believe
- 44:08that most people are probably indifferent to Bitcoin.
- 44:11They're just like, yeah, whatever.
- 44:12Like, I don't care about Internet nerd money.
- 44:14Like I I don't need it. They don't see the need or the
- 44:17use case or the problem that Bitcoin is solving.
- 44:21And that's why it's on us to go out there and have these
- 44:24conversations, hopefully wake people up and all that.
- 44:26So I totally agree that like it's not a monolith and we can't
- 44:30separate quote UN quote those in power versus just like the
- 44:33average voting population. Like I I totally agree with
- 44:36that. But it is very interesting to
- 44:40see this conversation play out. I mean, Nico, we were saying, I
- 44:43think we were kind of pushing this out to the 2028 election
- 44:47and being that bitcoins going to be a defining conversation in
- 44:50election soon, we were kind of thinking like oh, maybe not in
- 44:532024, but it does seem like everything is is getting pushed
- 44:57up and it seems now that in 2024 there will be a huge
- 45:01conversation in regards to CBDC's versus Bitcoin.
- 45:05And on that note, you know, I think we do have to give a hat
- 45:07tip to Vivek here for I'm sure he's had these conversations.
- 45:12Of course Trump is, you know, he, he's a he he's very good at
- 45:16rhetoric and and he's good at reading the audience.
- 45:19And of course he's going to say what he think is going to get
- 45:21him elected. He's a politician and all that.
- 45:23But we've seen what happens to a country when they embrace
- 45:28Bitcoin. We see what happened with
- 45:29Buchelle and what he's done with El Salvador in attracting
- 45:32businesses and entrepreneurs to the country like this would be
- 45:36the best thing for our country. In America, we want
- 45:39entrepreneurs building companies here.
- 45:42We want to ensure that we're not getting attacked here.
- 45:44We want to ensure that the best money in the world can circulate
- 45:48in America and all that good stuff.
- 45:50So. I I mean hey man this is this is
- 45:53so great. I think this is going to be so
- 45:55interesting moving forward and I'm I'm like I dude I voted once
- 45:59and I feel like I got scammed so like I'm I'm still on the fence
- 46:02whether I'm going to vote again but I absolutely love hearing
- 46:05this type of rhetoric coming out from Donald Trump.
- 46:08He's absolutely hilarious. Like whether you like him or not
- 46:11the guy is absolutely hilarious and very charismatic and hey,
- 46:15the best part about this I think though and and be and I just
- 46:18remembered I was going to say before Nico cut me off like oh
- 46:20he's up. I find it.
- 46:23The most interesting aspect here is there is such a strong Trump
- 46:29Derangement Syndrome that no. One Yeah, we're not going there,
- 46:32dude. Well, no, I'm just saying.
- 46:33I'm just saying that no one, no, we're not going clearly here
- 46:36we're. Not going there, we're.
- 46:37Clearly on this topic, and you're gonna see a lot of.
- 46:41People, we're not. We're not, we're not engaging.
- 46:44We're not we're not going there, dude.
- 46:45We're not going there. Look, I I respect everyone's
- 46:49opinion, right? Trump is a very divisive figure.
- 46:52I completely acknowledge that. I understand it.
- 46:55But our job as Bitcoin content creators is support report to
- 47:00you guys the objective truth in terms of what is going on with
- 47:04the separation of money in state right.
- 47:07The current administration, their regulatory stance on
- 47:10what's going on in the Bitcoin Bitcoin industry and the other
- 47:14two candidates stance in terms of of how they look at the
- 47:18industry. That's it.
- 47:20I I don't not going into the political slogans or any of
- 47:23that. That's not our job or the
- 47:24purpose of this show. Josh, I do want to hand it off
- 47:26to you. I know we've been rambling for
- 47:28quite a bit. What's your take on all this?
- 47:34That over the last couple of months this issue of Bitcoin is
- 47:41definitely becoming more of a point of friction.
- 47:45And so I think that it is becoming more and more divisive
- 47:50and it is interesting to hear what what Trump had to say.
- 47:55Obviously you know me being neutral down the middle here.
- 47:58I do think you guys kind of overlooked something though
- 48:01because I I believe Trump has been a bit corner for a long
- 48:04time, right. Because you know, bitcoins,
- 48:07orange, orange signal and Trump has orange hair, right.
- 48:10So I mean I think there's a parallel there that we should
- 48:13consider that he might have been giving us a subtle hints for a
- 48:16long time. But you know, kidding aside, he,
- 48:21he was pitching NF TS you know, years ago and selling his Trump
- 48:26trading cards. So I think he's starting to come
- 48:29around, you know, like a lot of us do.
- 48:31It takes takes time to come around, but by supporting
- 48:35Bitcoin and the ecosystem, he's going to gain a big user base,
- 48:42right? I mean there's a lot of people
- 48:44in the Bitcoin industry, in the crypto industry that is going to
- 48:49vote orange and they're going to be 11 issue voters and just like
- 48:55pretty much probably, you know 90% of the people that are
- 48:58watching this are going to be a one issue voter.
- 49:01And so Trump is definitely he's he's doing the right thing to to
- 49:06bring a bigger voter base for him in 24, and it'll be
- 49:12interesting to to see what happens. 100% and I I think
- 49:15that's the that's the you know that's and I and I see all the
- 49:19slack in the chat Opti God damn bro open the doors box guys we
- 49:27we we want to be as inclusive as possible of everyone's opinions
- 49:32and you know we we try we want to stay objective in what is
- 49:36going on that this has been this is very very delicate
- 49:40unfortunately all of this Anyways guys we have a lot to to
- 49:44talk about during the news and more on this story but before we
- 49:50get to that I want to give a shout out to our sponsor and of
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- 50:49video description. All right everybody, let's get
- 50:50to the news, the Daily News. I want to give a shout out to
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- 52:16All right everybody, this is what I want to talk about today.
- 52:20The House votes to nullifies SCC anti crypto banking guidance,
- 52:26SAB 121. So what am I talking about?
- 52:30Goes on to say the Coin Telegraph article for our audio
- 52:32listeners. The United States House of
- 52:34Representatives has voted to pass a bill overturning
- 52:37controversial SCC guidance preventing banks from owning
- 52:41crypto. President Joe Biden, however,
- 52:43warned early in the day that he would veto the new bill if it
- 52:47were to make it to his desk. So this ended up passing, I
- 52:52might add. Here's the legislation and it
- 52:57passed 28228 to 182. As you could see, it was
- 53:03basically across party lines. The Republicans voted 207 yes,
- 53:1010 voted 10, did not vote on the Republican side.
- 53:14On the Democratic side, 21 voted yes and 182 voted no. 10 did not
- 53:21vote at all. Right.
- 53:23So I do want to give a shout out to the 21 Democrats that did
- 53:28vote yes. So First off, it's a Cunicos.
- 53:33Boyle, Cavaro, Costa, Craig, Cooler, Davis, Gallego,
- 53:38Gottenheimer, Holohan, Moskowitz, Moulton, Nickel,
- 53:42Papas, Phillips, Shirl, Slokan, Soto, Swalwell, Torres, and
- 53:47Wiesly, all those Democrats in the House of Representatives all
- 53:50voted to vote yes on this bill here.
- 53:54And why did why did Biden veto this?
- 53:58Well, I mean, I think it's very, I mean, why did he threaten to
- 54:01veto this? I think it's incredibly obvious
- 54:04as to why the moment that banks and financial institutions start
- 54:10custodying Bitcoin, all of a sudden their their incentives
- 54:16align with Bitcoin. All of a sudden, their ability
- 54:20to control those financial institutions, those banks, it
- 54:25starts to slip out of their hands.
- 54:27What if they start to realize, holy cow, I would rather hold
- 54:31Bitcoin than these treasury bills.
- 54:34I would rather own Bitcoin than I'd rather have Bitcoin on my
- 54:38balance sheet than U.S. dollars, right?
- 54:42That's what it's about. That's why they're threatening
- 54:45to veto this. And here, look, here's Michael
- 54:48Saylor making the cases to what are the three things that need
- 54:52to happen in order for Bitcoin to hit $5,000,000?
- 54:55I'll let you hear. I'll let you, I'll let you guys
- 54:57hear it. Bitcoin or crypto in general, is
- 54:59that the thing? And then and.
- 54:59Then the other three, look, first let's go out by a factor
- 55:01of 10 whether they fix any of the stuff, right.
- 55:03It's going to go, it's going to be a grind up by a factor of 10
- 55:07just because gold is broken and bitcoin's going to replace gold
- 55:10and now everybody in the universe knows they need a non
- 55:13sovereign store of value in the form of a bearer instrument.
- 55:16So now they're looking the the amount of stories for last year
- 55:20people said inflation may be coming.
- 55:21We're not sure. Now the mainstream narrative has
- 55:24flipped to inflation is here. You need an inflation hedge.
- 55:26So it's going to grind up to replace gold.
- 55:28It'll go to $500,000 a coin regardless of why they fix these
- 55:31things. But there are three things that
- 55:33are massive catalysts that cause an acceleration and I I don't
- 55:37think that those three things don't take us to 500,000, they
- 55:40take us to 5 million a coin, right.
- 55:42Those three things are a spot ETF where someone can go ahead
- 55:46and buy $100 million of Bitcoin via security.
- 55:49An ETF security. I think that's 1/2 is your bank
- 55:53is going to custody it for you and lend against it.
- 55:56There you go. Right.
- 55:58So and the third one, by the way, is the FASBE accounting
- 56:01rules. ETF approved FASBE accounting
- 56:05rules changed bank. This is the last domino, ladies
- 56:08and gentlemen, that Michael Saylor said needed to happen,
- 56:12Needed to fall in order for Bitcoin to reach $5,000,000 a
- 56:16coin. Remember how much they fought
- 56:18the ETF? Remember that.
- 56:20Well, this is what they're doing.
- 56:21They're fighting. They're fighting this now.
- 56:25Why are they fighting this? They're fighting this because
- 56:29once people have an alternative, this goes away.
- 56:34The endless wars, politicians spending anything and everything
- 56:40that they want on any idea that comes out of their heads.
- 56:45Effective wealth redistribution mechanisms through currency
- 56:48debasement, poof goes away. The ability for politicians to
- 56:54control money, control the money flows, weaponize money, sanction
- 57:00certain countries, goes away. That's what it's about.
- 57:05This is what the separation of money and state fundamentally
- 57:08boils down to. So yeah, I mean, pretty crazy,
- 57:13right? That even though, you know, this
- 57:17is passing House of House of Representatives, let's see how
- 57:21it does in the in the Senate, you know, the executive branch
- 57:24literally before it even has reached the Senate.
- 57:27Say, listen, no, we would just completely veto this altogether.
- 57:31We don't want highly regulated financial firms to custody
- 57:36Bitcoin and crypto. And why and why would they?
- 57:39Why would they? Because like as the the moment
- 57:44they start to taste the number go up, incentive, like all of a
- 57:49sudden we always talk about aligned incentives on simply
- 57:52Bitcoin. All of a sudden your incentives
- 57:55are aligned with Wall Street. Now if Wall Street is holding
- 57:58Bitcoin, your incentives are you know and that's kind of a
- 58:02stretch. So I I don't want to say that
- 58:04your incentives are totally aligned with BlackRock, but
- 58:06let's say you guys saw it, you saw Larry Fink on, you know, on
- 58:10legacy financial media, literally using all the Bitcoin
- 58:13talking points. Why, 'cause he's incentivized by
- 58:18number go up. Now, of course, Wall Street and
- 58:20BlackRock, they want you to buy the captured Bitcoin, and I
- 58:23think that's what governments are going to want you to do
- 58:25there. They've already come to fact.
- 58:27They've already come to terms with the fact that they're not
- 58:29going to be able to make this thing go away.
- 58:31So I think the next, you know, the next step if if you use
- 58:36common sense is stop the ability for individuals to take self
- 58:41custody of this asset. And I think that's the next
- 58:43battle at hand. But it also tells me that we're
- 58:47winning. And it tells me that we're
- 58:49winning because of like look at how much they're resisting and
- 58:54look at the fact that now this has become a mainstream
- 58:57political issue not only in the United States, but also in
- 59:02Argentina, also in Canada, everywhere.
- 59:07By 2028, I'm sticking to what I said, it is going to be unviable
- 59:12for a politician to take an anti Bitcoin stance.
- 59:16So they're really in a race against time to roll out the
- 59:20central bank digital currencies. Anyways, that's my take on all
- 59:24this. There's about 1152 of you guys
- 59:28watching live between YouTube and X and another 60 of you guys
- 59:31watching live on Rumble. You guys are enjoying the show
- 59:34so far and this has been a hard one because of the topic.
- 59:38Make sure to smash that like button.
- 59:40Really, really helps with the algos.
- 59:42So smash the like button. Anyways, I'm going to pass it on
- 59:45to Opti. Opti, what's your take on all
- 59:47this, brother? Yeah, I mean I know I am like I
- 59:52know I'm like the probably the most anti political person ever.
- 59:56But I think this is one of those moments where having people in
- 1:00:01politics, people in power that are actually trying to do some
- 1:00:04good is a beneficial thing. And like we said in the news or
- 1:00:08the number segment, it's very interesting to see 21 Democrats
- 1:00:13vote for the veto as well. Like that just goes to show it's
- 1:00:16not a monolith. There still are some people
- 1:00:19that. That are thinking critically and
- 1:00:21understand where this stuff ends up.
- 1:00:23And so I mean I think it's going to be very interesting to just
- 1:00:26see how this, how this goes on moving forward.
- 1:00:29And it's like I think we've been talking about this for a while
- 1:00:31the idea of captured Bitcoin and making sure that there is you
- 1:00:36know regulated Federated custodians and trying to get
- 1:00:40people to hold that Bitcoin. And I mean it it, I think it
- 1:00:43just kind of full circles back to what we were talking about in
- 1:00:46the numbers segment and and the importance of that getting
- 1:00:48people in positions of power that are pro Bitcoin.
- 1:00:51So hey, we'll see how this plays out.
- 1:00:53I think this is one of those stories that's that's still kind
- 1:00:56of currently going, but man, very interesting, interesting
- 1:01:00stuff playing out in the world today.
- 1:01:02Absolutely. What's your take on all this,
- 1:01:03Josh? So I think that when we when you
- 1:01:08showed on screen Nico the vote in the House and how it was kind
- 1:01:13of along party lines, honestly it it's kind of disappointing to
- 1:01:18me because I mean, Bitcoin is freedom technology, right, that
- 1:01:23everyone should embrace, everyone wants freedom.
- 1:01:27So I'm kind of surprised that you know that the guys can't get
- 1:01:31together and find something like freedom that we can't all agree
- 1:01:36upon. And I just wish that there would
- 1:01:39be a way that they could come together.
- 1:01:41And 'cause I think at a fundamental level, we're all in
- 1:01:45agreement, Democrats and Republicans, that we want more
- 1:01:49freedom in our life. So I I just, I wish, I wish I
- 1:01:54could do something, but the only thing I can do is take my money
- 1:02:01out of the Fiat matrix and put it into Bitcoin.
- 1:02:04And that's that's our way of protesting.
- 1:02:06And so encourage everyone to keep doing it.
- 1:02:09It's working. Absolutely.
- 1:02:10I mean 100%, that's the most important vote you can make,
- 1:02:13right? It is vote with your wallet,
- 1:02:17right? It is an election year.
- 1:02:18Most important vote you can make is taking Bitcoin into self
- 1:02:21custody, right? 100% completely agree with that.
- 1:02:25Anyways guys, before we move on to the culture to talk to Josh
- 1:02:27and what he's working on, I do want to give a very special
- 1:02:30shout out to our sponsor. And of course I'm talking about
- 1:02:34the Orange Pill app. Find local bitcoiners events and
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- 1:02:47very strange messages like if you send me one Bitcoin, I'll
- 1:02:50send you two. Also tells you that
- 1:02:52geographically which bitcoiners are around you, right?
- 1:02:57So it's a great resource to connect with with fellow
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- 1:03:03If you're travelling to a new city, you can send me an Opti, a
- 1:03:06direct message on the orange Pull up and we'll try to get
- 1:03:09back to each and every single one of you.
- 1:03:11So guys, download the orange pull up today, scan the QR code
- 1:03:15or check the link in the video description.
- 1:03:17Let's hit the culture. Here we go.
- 1:03:22The Daily Culture. All right, everybody.
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- 1:04:29description OPTI. Yeah.
- 1:04:31Let's go. All right.
- 1:04:32So we're going to pivot the conversation a little bit here.
- 1:04:36We're going to go into a totally different topic, but I think you
- 1:04:38guys are going to really enjoy this one.
- 1:04:39So Josh, I know you saw Nico in El Salvador and the conversation
- 1:04:45that we're going to have, you titled it the disintermediation
- 1:04:48of real estate. And I think you even mentioned
- 1:04:51it yourself that you're in the front lines maybe in the early
- 1:04:54innings of real estate investors figuring out that Bitcoin might
- 1:04:58be a better investment. So let's start with what do what
- 1:05:01do you mean by the disintermediation of real
- 1:05:03estate? I guess I I looked it up on
- 1:05:08Google and I'll just kind of explain it the way Google said
- 1:05:11it was. The disintermediation of real
- 1:05:13estate is removing unnecessary parties to a transaction in
- 1:05:18favor of direct contact between the buyer and the seller.
- 1:05:23So how I explain that is typically when you would sell a
- 1:05:28home, you would have to get a realtor involved.
- 1:05:31He would list the home, put it up for sale, and it doesn't sell
- 1:05:35right away. But once you get it under
- 1:05:37contract, then it would go to a title company.
- 1:05:41Then they search the title and they spend a couple weeks, a
- 1:05:45week or two on that and then make sure your title's clean.
- 1:05:49Then they'll pass it off to an attorney to review the
- 1:05:53documents. And then finally you will, oh,
- 1:05:56and before that, you also have a home inspection, right.
- 1:05:58So you have someone else involved.
- 1:06:00So there's four people involved right there that are involved in
- 1:06:03the transaction before you can actually close it and move on.
- 1:06:08So typically a real estate transaction will take about 45
- 1:06:11days to close. And so that's a long time,
- 1:06:16right. So what I've seen was say you're
- 1:06:20in, you're in a bind, you're in a need, you have a rental
- 1:06:23property that you need to sell, You need to sell it right now,
- 1:06:27you need the money and it's going to take you probably 45
- 1:06:31days if it goes under contract right away to to get the money
- 1:06:36in your hand. And so if you're looking for
- 1:06:39that you know 500,000 out of a home that you're trying to get,
- 1:06:42it's going to take you every bit of 45 to 90 days to get that
- 1:06:45money. And whereas with Bitcoin it will
- 1:06:50take you a total of maybe 10 minutes for the transaction to
- 1:06:53clear. So it is quick, it's immediate
- 1:06:58and you don't have to have a trusted third party oversee your
- 1:07:02transaction. So that that's why I think that
- 1:07:05things are changing. And I'm usually in the past, my
- 1:07:11my history has been I've been fairly early to some of these
- 1:07:14things, to reading different markets.
- 1:07:18And so I've been thankful that the Lord's given me wisdom for
- 1:07:21that. But I think that there is going
- 1:07:24to be a wave of people that are going to start selling their
- 1:07:28rental homes for Bitcoin and the the real estate market guys is
- 1:07:35330 trillion, right. So obviously that money's not
- 1:07:40going to pour in immediately and it's also not going to be a
- 1:07:44massive amount of percentage wise.
- 1:07:46But say we get, say we get 1% of guys that are like me that have
- 1:07:52learned about Bitcoin. And as you know, the more you
- 1:07:55learn about it, the more you put money into it, the more you put
- 1:07:59money into it, the more you read about it.
- 1:08:02So it's kind of a vicious cycle and it becomes a black hole
- 1:08:06financially, at least that's what it's become in my life.
- 1:08:10So I think that if we see 1% of that $330 trillion, that's $3
- 1:08:19trillion that goes into a Bitcoin market that has right
- 1:08:25now a cap of 1.26 trillion. So what do you think's going to
- 1:08:30happen? I mean, the number's going to go
- 1:08:32up. And yeah.
- 1:08:34And thank you, Nika. That was that's a that's a
- 1:08:37great. No, that was Opti shout out.
- 1:08:39To Opti Opti. Good job, buddy.
- 1:08:41But that was from I I pulled that off of one of Michael
- 1:08:44Saylor's podcast. But so real estate is a really
- 1:08:48big market and I think that we're going to see a small, a
- 1:08:53small percentage, 123 percent over the next 10 years that's
- 1:08:59going to bleed into the Bitcoin market because everybody's
- 1:09:04chasing the best asset and a lot of people don't know about
- 1:09:09Bitcoin just cause a lot of you guys that are in here, we're
- 1:09:13we're early we're that we're on the cutting edge, right.
- 1:09:16So we might have heard about it, you know 5-6, seven years ago or
- 1:09:20it might have been two years ago, but we've heard about it
- 1:09:23and there's a lot of people that own real estate that haven't
- 1:09:27heard about it or they're just starting to hear about it.
- 1:09:31So I feel that we're, we're really early and I think that
- 1:09:35money's going to bleed out of real estate and going to bleed
- 1:09:38into Bitcoin and it's going to be NGU technology and we're
- 1:09:42going to keep going at an upward trajectory. 100 man 100% hold
- 1:09:48on. All right, Josh.
- 1:09:52I, I do want to hit on a few other points.
- 1:09:55I know we're going a little long today, but I have a lot of
- 1:09:58conversations with my friends and I I've seen this, this same
- 1:10:02narrative and the same trend going on on social media.
- 1:10:05And we kind of talked about it before the show of, you know
- 1:10:08there there's a a big push right now from that I'm seeing from
- 1:10:11like a lot of millennials on this idea of like passive
- 1:10:14income. And so I kind of want to get
- 1:10:16into the idea, maybe what would be your take on people thinking
- 1:10:23of investing in real estate versus just investing in
- 1:10:27Bitcoin? So investing in Bitcoin is
- 1:10:34obviously easier and taking self custody, You have it, nobody can
- 1:10:39take it from you and and then you don't have to do
- 1:10:44maintenance. Costs carry costs, you don't
- 1:10:46have to kick out a tenant. There's a lot of things that you
- 1:10:51don't experience by owning Bitcoin so or by bit by owning
- 1:10:57Bitcoin. But when you are owning real
- 1:10:59estate, there is monthly maintenance, there's carry
- 1:11:04costs, there's pressure washing, there's plumbing issues, AC
- 1:11:09issues, electrical. It's non-stop and it's become
- 1:11:13kind of to a degree a full time job to the point where a lot of
- 1:11:18people like me that own several homes, they have just farmed it
- 1:11:22out to a management company that takes a cut off of it and they
- 1:11:26they manage it. But but we've only done that
- 1:11:30because in the past that was the best asset, that was the fastest
- 1:11:35horse. But now we have a new faster
- 1:11:38horse that we can invest in. And I mean I I don't see why.
- 1:11:43There's another reason why not to to buy Bitcoin.
- 1:11:46Now. I now I will say just to clarify
- 1:11:48my point because I saw one of the guys in the chat talk about
- 1:11:52primary residence. Now I, I, I do advocate buying a
- 1:11:56house and making it your primary residence, right.
- 1:11:58We have to live. We got to have a place.
- 1:12:01But I'm just saying that if you have disposable income that you
- 1:12:04can start buying other rental properties and earning money
- 1:12:08that way, you may want to look into Bitcoin and and the current
- 1:12:12returns. So like, I pulled up some of the
- 1:12:15returns in the United States since 1983 and the average real
- 1:12:21estate return guys is 5.1%, right?
- 1:12:25Like, that's rookie numbers compared to Bitcoin, right?
- 1:12:28I mean, we've had on average the last 10 years with Bitcoin,
- 1:12:32we've had a return of like 65%. So when you start comparing the
- 1:12:39numbers, I mean there is a clear faster horse and that's where
- 1:12:45I'm starting to put my money. Love it, love it.
- 1:12:48And there was a you did send me some notes and I think there's
- 1:12:5111 statistic or you did some math and you ran the numbers and
- 1:12:56I found it a very interesting number and you basically framed
- 1:12:59it as the ratio of homes to Bitcoin.
- 1:13:02Can you talk about that a little bit?
- 1:13:04Because I think that does just further give us a visualization
- 1:13:08of how scarce Bitcoin actually is.
- 1:13:11Sure, sure. So most of us, we like scarcity,
- 1:13:15right. So we, we want to find one of
- 1:13:16the most scarce assets that are out there.
- 1:13:19So when I was looking for, when I was preparing for this, I was
- 1:13:23just kind of looking at some of the, the overall numbers.
- 1:13:25So we've got 8.1 billion people in the world, right?
- 1:13:318.1 billion in the world. We have 2.3 billion houses in
- 1:13:38the world. So if you divide that by 21
- 1:13:43million Bitcoin, you're looking at 109 homes to one Bitcoin.
- 1:13:50So if you guys are in a subdivision with, you know, 300
- 1:13:55homes in your subdivision realized that if it was all
- 1:13:58spread equally, that whole subdivision could only have
- 1:14:01three less than three Bitcoin. So Bitcoin is really, really
- 1:14:07scarce. I mean, we don't realize how
- 1:14:09scarce it is. That number that blows my mind
- 1:14:13when I read that I'm like it, it it like I knew scarcity.
- 1:14:17But when you when you put it in terms of houses, so you're like,
- 1:14:19oh man, this, this is actually going to get incredibly,
- 1:14:24incredibly crazy. OK.
- 1:14:26And the other thing, it's something I hear all the time
- 1:14:30when in regards to real estate And and you touched on it as
- 1:14:33well and you might have touched on a little bit in today's show,
- 1:14:36but one of the big points that I try to get across to people is
- 1:14:40the idea that your house didn't get gain value but you're
- 1:14:43actually just losing purchasing power.
- 1:14:45So how would you explain this to someone like their in fifth
- 1:14:48grade? Sure.
- 1:14:51OK. So yeah, 'cause if you look at
- 1:14:53from COVID, in some markets, like in Florida, houses are up
- 1:14:584050% per year. You're going, wow, I'm, I'm
- 1:15:01making all this money, right? No, not exactly.
- 1:15:05It's because your dollar is being diluted that much.
- 1:15:09So I mean if we go back just to COVID, which was only literally
- 1:15:13what four years ago, we have, the United States has printed
- 1:15:1842% of all the dollars that have ever existed, were created in
- 1:15:24the last four years. So I mean that's crazy, right?
- 1:15:29And it's and it's not sustainable, It is absolutely
- 1:15:32not sustainable. Absolutely incredible.
- 1:15:36Yeah, man these, I think these are the important conversations
- 1:15:40because as a bitcoiner again you know I'm using Niko's term,
- 1:15:43we're all outside of the Overton window where we're all
- 1:15:45considered speculators. But when you look at what is
- 1:15:49quote UN quote like the the non risky investments today you're
- 1:15:52like I don't know, I mean maybe I'm so biased in Bitcoin but it
- 1:15:57seems like Bitcoin is the best thing to be holding and it's
- 1:15:59hard to explain or have these conversations with people
- 1:16:03without them having their own biases and and them having like
- 1:16:06knee jerk reactions and close mind to the idea that maybe you
- 1:16:09want to get some Bitcoin. It just it's that simple like
- 1:16:12just stack Bitcoin and chill. It's super simple, but I guess
- 1:16:15we like to complicate things. Yeah, absolutely.
- 1:16:19So I'll, I'll tell you a little, a little story.
- 1:16:22So I had a home that I sold and it closed in January of 2020,
- 1:16:28right. So the price of Bitcoin was
- 1:16:319300. And I thought, wow, that's
- 1:16:33that's a great entry point. And so I went to the closing
- 1:16:37table and my realtor and the title agent was asking me, hey,
- 1:16:41So what what are you going to do?
- 1:16:42Why, why did you sell in the 1st place?
- 1:16:43And I told him I was, I was buying Bitcoin and they were
- 1:16:46going, wow, that's that's weird, that's strange.
- 1:16:49And the one lady didn't even never even heard of Bitcoin.
- 1:16:52So, but then so, so I I bought Bitcoin, right?
- 1:16:56And so I have a conviction and I thought, yes, I'm doing the
- 1:16:59right thing. And then two months later,
- 1:17:01right, COVID hit and Bitcoin was down to 3900 on on March, on
- 1:17:06March 12. And so I mean talk about a
- 1:17:10little bit of panic ensuing, but you know, Bitcoin will do that,
- 1:17:13right? So I mean Bitcoin has
- 1:17:16exponential growth, but you also have to accept that the it's,
- 1:17:21it's volatile and it it goes up and it goes down.
- 1:17:25But as long as you have a firm conviction during that time,
- 1:17:29even though, you know, my investment went down over 50% in
- 1:17:32two months, I wasn't worried about it.
- 1:17:35And and even I I pinned on my on my tweet, I I did something on
- 1:17:39Twitter and I posted something about, you know, we're printing
- 1:17:42all this money with COVID and I'm getting more and more
- 1:17:45bullish on Bitcoin. And it's absolutely been the
- 1:17:48case. We've we've seen that.
- 1:17:51Do you think that, Josh, do you think that there's more people
- 1:17:54like yourself, you know, successful, you know, real
- 1:17:57estate investors that are seeing the trend like they're seeing
- 1:18:01the orange light? Sure, absolutely.
- 1:18:04So I I honestly thought that I was kind of one of the only guys
- 1:18:07in my area that that did cause I've got probably 15 Bitcoin
- 1:18:13buddies in my local area, but but no one going as hardcore as
- 1:18:18as me. But I'll tell you, when I was in
- 1:18:20El Salvador, me and my buddy Stan were out there just we were
- 1:18:24hanging out at the bar and at the having party, just having a
- 1:18:27good time. But we were just interviewing
- 1:18:29people and everyone there was so nice.
- 1:18:31And one of the guys who's 28 years old and he was from Canada
- 1:18:36and young guy, he was single and we were just chatting about
- 1:18:40stuff. And he told me he said I
- 1:18:42actually sold a house for it was a rental house he had.
- 1:18:45He goes, I sold it two years ago and I bought Bitcoin with it and
- 1:18:50I was like, wow, that that's crazy.
- 1:18:52I said, you know, between you and me, you're the only people,
- 1:18:55you're the only one that I know that's really done it.
- 1:18:57And so I'll tell you that trend is is happening.
- 1:19:01I mean, albeit people are going to be quiet about it.
- 1:19:05You know, a lot of bitcoiners are very private and they won't
- 1:19:08tell you what what they're doing.
- 1:19:09But but yeah, it's it's more prevalent than I think that
- 1:19:15that's out there. Yeah.
- 1:19:17And on that point, Josh, you did mention the the importance of
- 1:19:21continuing to have these orange peeling conversations.
- 1:19:24So you want to elaborate on that and then we'll probably be
- 1:19:26wrapping up today's show. So yeah, absolutely.
- 1:19:30You you want to keep having having the conversation, you
- 1:19:33want to keep talking to your friends.
- 1:19:35And so actually it's funny but in the last 60 days I have three
- 1:19:41of my buddies became orange peeled and so all three of them
- 1:19:46are now doing weekly buys on Bitcoin.
- 1:19:50We just we just were talking about it over and over and it's
- 1:19:54sad that two of my friends they heard about it when Bitcoin was
- 1:19:57$4000 back in 20/18/19 and they just didn't pull the trigger and
- 1:20:04but like you guys say. You get it at the price you
- 1:20:08deserve. But they are now, they're now
- 1:20:11buying on a weekly basis and we keep talking to each other about
- 1:20:15it. And I mean iron strengthens
- 1:20:17iron. So by having these conversations
- 1:20:20it helps build your conviction. And also the more that you guys
- 1:20:25are, you know, tuning into simply Bitcoin and listening to
- 1:20:30other Bitcoin related podcasts, you're gonna gain knowledge and
- 1:20:34with knowledge and power. And with that comes a a better
- 1:20:38conviction so that you can stomach when things go down.
- 1:20:42100% agree. 100% agree. All right, last two sats.
- 1:20:46Josh, what's the last message you want to leave with the
- 1:20:47audience? And then let's wrap up today's
- 1:20:50show. OK.
- 1:20:51Gotcha. Well, well, yeah.
- 1:20:53Hey, thanks for having me, guys. And so I just kind of wanted to
- 1:20:56throw out five points, 5 quick little points that I thought
- 1:21:00that, you know, will make has made my life easier.
- 1:21:03And guys, I feel that if if you look into that, you'll do the
- 1:21:06same. And so the first thing is I got
- 1:21:08down, get right with Jesus and read the Bible.
- 1:21:13That'll help. Go outside, get fresh air, get
- 1:21:17sunlight, go on a walk. That's what I do every day.
- 1:21:21I go on a walk with the dogs and I plug in simply Bitcoin and it
- 1:21:25just it's it's been good. Be positive.
- 1:21:29Hang out with positive people. The negative people that are
- 1:21:34causing you drama. Get them out of your life right
- 1:21:38#4 Set goals, write them down, write them on a chalkboard, put
- 1:21:43them on a wall and pursue those goals.
- 1:21:46And then the last one, which is really easy for all of us is buy
- 1:21:50Bitcoin, put it in self custody and disconnect from the Fiat
- 1:21:54matrix. Man I, I, I, Josh, it was it was
- 1:22:01a pleasure to have you on today and thank you so much for you
- 1:22:04know exposing your your your knowledge to the Bitcoin verse
- 1:22:08and our audience and you know it's people like yourself that
- 1:22:11are are really truly you know you are you are speculating you
- 1:22:16are launching a a a speculative attack on the dollar via real
- 1:22:21estate and we totally you know could get behind it And I agree
- 1:22:26with your, you know your five points specifically the first
- 1:22:30one. So Josh, thank you.
- 1:22:33Thank you so much for coming on the show.
- 1:22:34I appreciate it. Hey, thanks for having me.
- 1:22:37Love to. Let's get Let's get you back on
- 1:22:39in a couple of months, man. I'd love to hear like a like a
- 1:22:41like an update. OK.
- 1:22:43Yeah, yeah, let's, let's do it. Cuz I have one house that's for
- 1:22:47sale right now. So I'll have more to tell you in
- 1:22:49about 60 days. Absolutely.
- 1:22:51Well, appreciate it. Wait, wait.
- 1:22:52Before we go, Nika, sorry Josh, is there anything you'd like to
- 1:22:55plug for the audience where they can follow you all that good
- 1:22:57stuff? Oh, sure, sure.
- 1:22:58Thanks. Thanks, Opti.
- 1:23:00So Bitcoin, Josh one on Twitter and also on the Orange Pill app.
- 1:23:06I'm on what am I, Moto Moto X Josh, I'm a motorcycle guy.
- 1:23:11And so, yeah, I mean, if you want to send me send me messages
- 1:23:14on Twitter, that'd be great. I actually have a a big Twitter
- 1:23:18following. I have all these Asian women
- 1:23:21between 18 and 24 that are just asking me all the time how my
- 1:23:25trading's going and they want to help me out.
- 1:23:27They want to, they want to give me two Bitcoin if I send them 1.
- 1:23:30So it's it's really nice of them so.
- 1:23:32Oh, you're funny. All right.
- 1:23:34Actually last question, Josh, 2 stroke or 4 stroke?
- 1:23:38Well, I have both, but if you guys are around in Florida, I
- 1:23:42have a track so DM me and come to come to my house.
- 1:23:46I got extra bikes. Dang, that's what's up.
- 1:23:49Love it. Love it.
- 1:23:49All right, Josh. Well, thank you so much for
- 1:23:51joining us guys. That was our show.
- 1:23:53Josh, our guest, my legendary Co host Optimus Fields.
- 1:23:57I'm your host Nico. Guys, as a media organization,
- 1:24:02we officially endorse Donald Trump and RFK Junior for
- 1:24:07President because they are pro Bitcoin and anti CBDC and we
- 1:24:15can't stand behind Joe Biden. Not because of his policies or
- 1:24:20his ideology, but specifically because he has been incredibly
- 1:24:25hostile towards the industry from a regulatory standpoint.
- 1:24:30And our goal at simply Bitcoin is the separation of money in
- 1:24:33state. And we truly believe that if you
- 1:24:36fix the money, you fix the world and you make the world a much
- 1:24:39better place for everyone, right?
- 1:24:41Anyways, love you all. If you guys enjoyed the show,
- 1:24:44you know what to do. Smash the like button.
- 1:24:45Consider subscribing if you feel like we provided you value.
- 1:24:48And we'll be back tomorrow for the Friday show and Opti's meme
- 1:24:52review. All right everybody, love you
- 1:24:53all. Catch You Guys Later episode was
- 1:24:57brought to you by bitcoinwell.com on a mission to
- 1:25:00enable independence.