Latest / Simply Bitcoin / "$1 Million Bitcoin this Cycle is Conservative" | EP 959

Transcript

"$1 Million Bitcoin this Cycle is Conservative" | EP 959 · Simply Bitcoin

• 0:03
  It's all. Going to zero against Bitcoin.
• 0:07
  It's going on forever. You're against Bitcoin.
• 0:17
  You're against freedom. Yeah.
• 0:23
  Welcome to another episode of Simply Bitcoin Live or number
• 0:26
  one source for the peaceful Bitcoin revolution.
• 0:28
  Breaking news Culture. Matic Warfare will be your guide
• 0:30
  through the separation of money and state.
• 0:32
  Ladies and gentlemen, welcome to welcome to Simply Bitcoin, the
• 0:34
  most watched daily Bitcoin live show on YouTube.
• 0:38
  Rumble and X. Sit back, relax, enjoy the ride.
• 0:41
  Smash the like button really really helps push the orange
• 0:44
  signal forward the Bitcoin only signal on YouTube right?
• 0:48
  So we we we need more of that. We need more Bitcoin only
• 0:52
  content being pushed so people could see see who the king is.
• 0:56
  Anyways, today we're going to talk about some interesting
• 1:00
  stuff. We're going to start off the
• 1:01
  week strong. I'm in a good mood because I
• 1:04
  leave till Salvador tonight. My first time in Bitcoin
• 1:08
  country, the shining country on a hill.
• 1:11
  El Salvador, the savior first country to make a Bitcoin legal
• 1:15
  tender, the beachfront for the Bitcoin movement worldwide.
• 1:20
  So I'm really, really excited for that.
• 1:21
  But we had some interesting characters.
• 1:24
  We had Pierre, Richard, we had Kathy Wood and they were
• 1:29
  throwing some very, very interesting calls for this
• 1:33
  cycle. And I also want to make the
• 1:36
  case, and I've made this case strongly and I haven't heard
• 1:39
  enough people talk about it, how I believe that the last cycle
• 1:44
  was cut short because of the China mining ban.
• 1:48
  And I think this time things are completely different.
• 1:52
  The hash rate is going absolutely parabolic.
• 1:57
  I think the reason that we didn't hit 100K minimum last
• 2:01
  cycle was because of the China mining ban.
• 2:05
  I think this cycle things are completely different.
• 2:09
  What is different? Well, obviously the China mining
• 2:13
  ban could only happen one time. The majority of the hash rate is
• 2:18
  located here in the US in the great state of Texas.
• 2:21
  Texas is extremely pro Bitcoin. There's some hash track, there's
• 2:25
  some hash in in Kazakhstan as well.
• 2:28
  It's decentralized worldwide, so I think that the probability of
• 2:34
  a mining ban in the middle of the next bull cycle is quite
• 2:38
  low. You never know what could
• 2:39
  happen, but it's quite low in my opinion.
• 2:42
  And also the stars are aligning in the sense that the ETF got
• 2:45
  approved January 9th in 2024, the same day many many years
• 2:50
  ago. That how Finney tweeted out
• 2:52
  January 9th, 2009 running Bitcoin.
• 2:56
  So quite a coincidence there, but the ETFs got approved and
• 3:00
  the ETFs are absolute game changers.
• 3:03
  Not to mention the fact that Larry Fink said that the ETF,
• 3:06
  the Bitcoin ETF, was the best performing ETF in history.
• 3:11
  Really. Not to mention the fact that the
• 3:14
  Bitcoin ETFs, two of them, the Fidelity One and the BlackRock
• 3:18
  One, are already in the top five out of 3100 ETFs and it's only
• 3:24
  been a couple months. So the amount of institutional
• 3:27
  demand coming in, you know, is absolutely insane.
• 3:32
  And then this month in 2019 days is the Bitcoin halving.
• 3:37
  So it looks like all the stars are aligning and you know, if
• 3:42
  you take a look at the numbers, it makes sense.
• 3:43
  This is the first time in Bitcoin's history that Bitcoin
• 3:47
  made an all time high before the halving, right?
• 3:52
  So we're in uncharted territory. I think the best is yet to come.
• 3:56
  I think we're gonna, you know, this is going to be a great
• 3:59
  cycle. And another reason that I
• 4:01
  believe so is because a lot of people still have PTSD.
• 4:06
  Like if you look at the Wall Street Cheats CHEAT SHEET, one
• 4:10
  of the sections is kind of like the disbelief.
• 4:12
  I think we all got so PTSD from the last cycle, you know, this
• 4:17
  kind of like the the double top and it just didn't really go
• 4:20
  parabolic like a lot of people thought that.
• 4:23
  A lot of people, what I'm seeing this time, unlike the previous
• 4:27
  cycles, the previous cycle, everyone thought that Bitcoin
• 4:30
  was gonna hit 100K guaranteed. What I'm seeing this cycle is
• 4:34
  that people are like being a little bit bearish and Bitcoin
• 4:39
  and markets tend to do the exact opposite of what the masses
• 4:43
  think they're gonna do, right. So I think we might be in for,
• 4:47
  you know, a pleasant surprise on the price level.
• 4:51
  But remember guys, the revolution is self custody.
• 4:55
  So you guys could be benefiting from the price if you bought
• 4:59
  Bitcoin and you know you bought that Bitcoin ETF, but it's not
• 5:03
  really your Bitcoin. So remember guys, buy real
• 5:06
  Bitcoin, earn Bitcoin, mine Bitcoin and take that Bitcoin to
• 5:09
  self custody. And you know, that's that's
• 5:13
  really how we really change the world.
• 5:14
  If enough of us do that, if enough of humanity does that,
• 5:18
  that's the separation of money and state.
• 5:20
  So anyways we have a lot of video guy.
• 5:21
  We have a lot of videos for you guys today, a lot of like kind
• 5:24
  of like price speculation, price analysis.
• 5:27
  I'm going to make the case for the China ban and also how the
• 5:31
  China ban affected the price last run up.
• 5:33
  And also I have a video for you guys as well from I think like
• 5:37
  10 years ago where they were just talking, you know, S on
• 5:42
  Bitcoin. And you know the price of
• 5:44
  Bitcoin at the time was $300 or $400.00.
• 5:48
  Right. And the reason I like playing
• 5:50
  these types of videos is 10 years from now, where do you
• 5:54
  think the price of Bitcoin is going to be?
• 5:56
  You know, I think a lot of people are going to kick
• 5:58
  themselves in the foot metaphorically for not stacking
• 6:02
  those sats AT68K. Anyway, it's going to be a great
• 6:05
  show. I want to bring up my legendary
• 6:06
  nose. He's smiling today looking
• 6:08
  beautiful. The legendary Optimus fields.
• 6:11
  How you doing Opti? I I I'm doing wonderful.
• 6:14
  Suggest following Opti's Instagram.
• 6:18
  Dude, Jesse, we gotta we gotta make Bitcoin fun, sexy and cool.
• 6:22
  So I guess we're on the forefront of that one Nico.
• 6:24
  But hey man, it's Monday and we're starting the week off
• 6:27
  strong, getting very bullet hearted.
• 6:30
  This is my favorite things to do.
• 6:32
  Obviously we get young all the time.
• 6:33
  Uh, speculating, click baiting and all that stuff.
• 6:36
  But this Pierre Rashard quote or clip that I know we're going to
• 6:39
  play today is is absolutely, it's like just chef's kiss.
• 6:43
  It's it's such a good clip. I'm, I'm super excited for this.
• 6:46
  And Pierre Rashard, one of the best memers, one of the OG
• 6:49
  memers in the Bitcoin space. So I love hearing his takes and
• 6:52
  I think you're right. You know, I always jokingly say
• 6:55
  with wine all the time that I counter trade Bitcoin Twitter
• 6:58
  all the time. So whatever Bitcoin Twitter
• 6:59
  says, you just counter trade it. And I it's my it's my contrarian
• 7:04
  view here. So if we're all having PTSD
• 7:07
  right now about 100K Bitcoin, then you counter trade that and
• 7:10
  we're going way past 100K100K is bearish.
• 7:13
  I said here first, we're getting bull tarded this morning, it's
• 7:17
  OK, it's OK Monday bull tards. This is where we're at right
• 7:19
  now. No, no, no.
• 7:20
  But I'm telling you I'm telling you like we could and and again
• 7:24
  guys we'll be replicate for on simply Bitcoin is stay humble
• 7:28
  stack SATS stay solvent and just DCADCA is the way time in the
• 7:34
  market beats timing the market every time.
• 7:37
  I'm telling you that from experience, OPTI experience to
• 7:41
  two most bitcoiners I've talked to, this is this is what they
• 7:44
  this is what they say as well. Don't don't try to time it.
• 7:48
  Just stay humble. Stack SATS, literally just focus
• 7:52
  on increasing your income and putting as much of it as humanly
• 7:55
  possible into Bitcoin while keeping your expenses low.
• 7:58
  Also, during the culture segment, we have a very guest.
• 8:02
  We have Will who's trying to one up Brian de Mint by reading his
• 8:06
  his book. He's reading his three books.
• 8:10
  Let me let me make you full screen.
• 8:11
  He's reading three books at the same time.
• 8:14
  Hey, guys. Yeah, I didn't see you there.
• 8:16
  I saw Brian on the live show Friday Reading.
• 8:19
  And yeah, I just read three books at the same time.
• 8:21
  So you know, there you go, Brian.
• 8:24
  No man. All right, so Will is an author.
• 8:27
  Will, what books did you author, man?
• 8:31
  Yeah, so my first book The Bitcoin Dog, following the scent
• 8:35
  to the Bitcoin C++ source code. Really having fun.
• 8:39
  My dog running around the Australian Outback talking to
• 8:41
  animals to read the actual C++ code of Bitcoin and go into the
• 8:45
  code. Second book, which I'm going to
• 8:47
  talk about today is the fiction novel Bitcoin Girl.
• 8:50
  Save the world, have a new anniversary edition with a new
• 8:52
  cover. Hopefully later in the show OPTI
• 8:54
  can read chapter one out loud. You don't want to miss that.
• 8:57
  And I wrote a short story for the first ever Bitcoin fiction
• 9:00
  anthology 21 Futures Tales from the Time Chain published on
• 9:04
  Consensus Network. So that's A and I promoted that
• 9:08
  a couple months ago on simply Bitcoin.
• 9:11
  Awesome, man. Well, dude, I'm excited.
• 9:13
  I'm. I'm excited to talk about your
• 9:14
  works today and what they're all about, why people should buy
• 9:18
  them, why people should get them.
• 9:21
  And guys, I can't emphasize this enough.
• 9:23
  If we want to win this, we gotta, we gotta win over the
• 9:27
  culture. That's that's how we do it.
• 9:29
  And the way that you went over the cultures by writing books,
• 9:32
  reading books, write, making music, making content, you got
• 9:37
  to, you got to get that into people's minds, man.
• 9:39
  You fix the money, you fix the world.
• 9:41
  It's not left versus right. It's not liberal versus
• 9:43
  conservative. It's the party of green versus
• 9:45
  the party of orange. And the way that you raise
• 9:48
  awareness to this is you make Bitcoin cool, you make you know.
• 9:51
  Doubling down that Nico, it's truth versus lies at this point.
• 9:56
  Optic coming in strong. Anyways, ladies and gentlemen,
• 9:58
  it's going to be a great show. I am extremely excited.
• 10:02
  My last show in Miami before I go to El Salvador.
• 10:05
  I can't wait. I can't wait.
• 10:06
  I heard so many good things about this place.
• 10:09
  Can't wait to, you know, buy some things with Bitcoin, like,
• 10:14
  like, I can't. I like that.
• 10:15
  Get some pupusas with. Lightning Can't even believe it.
• 10:18
  Can't even believe it already loaded up my Lightning wallet.
• 10:20
  Like, ready to go. So it's gonna be great.
• 10:23
  That's where she goes. Nico, the Bitcoin girl Destiny
• 10:26
  goes to El Salvador, so you're gonna have to read the book to
• 10:29
  get ready for. Your trip there I am.
• 10:32
  I am beyond excited. Anyways guys, it's gonna be a
• 10:35
  great show. But before we jump into the show
• 10:38
  guys, I want to give a shout out to our lead sponsor.
• 10:41
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• 10:52
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• 11:02
  That's right, you can't purchase Bitcoin on Bitcoin.
• 11:06
  Well, unless you're going to take self custody, which
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• 11:14
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• 11:25
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• 11:41
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• 11:42
  The current jackpot that number isn't updated.
• 11:45
  It's well north of 3.5 million satoshi's.
• 11:49
  We want to hit 10 million satoshi's by the halving because
• 11:54
  that's when the jackpot ends. So make sure to enter.
• 11:58
  If you're an existing user of Bitcoin, well go to the rewards
• 12:01
  section guys use a Bitcoin on ramp that is self custody by
• 12:05
  default. Self custody is the revolution.
• 12:08
  That's why you got to use Bitcoin.
• 12:09
  Well. Also not to mention all the
• 12:11
  giveaways they've done. We've given away a passport, a
• 12:13
  said Bunny book, seed plates. We're going to be giving away
• 12:16
  more stuff as well. So stay tuned guys.
• 12:20
  Check out bitcoinwell.com today. This is where simply Bitcoin
• 12:24
  stacks their Bitcoin. All right everybody, let's get
• 12:27
  to the numbers. We have a lot to talk about the
• 12:31
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• 12:34
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• 12:37
  secure? Stamp seeds?
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• 12:46
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• 12:48
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  Papers prone to water damage, fire damage.
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  You want to put your generational wealth on one of
• 12:57
  the strongest metals on planet earth, Titanium.
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  Your words are actually stamped into this metal plate with this
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• 13:07
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  apart and pieces falling everywhere.
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  produced by a house fire. They're also crush proof,
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  waterproof, non corrosive, and time proof.
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  All things that paper is not allowing you to huddle your
• 13:23
  Bitcoin with Peace of Mind for the long haul.
• 13:26
  Stamp your seed on stamp seed. You wanna make it over the
• 13:31
  effing finish line with your Bitcoin and that's why you have
• 13:35
  to store your Bitcoin properly on the stamp seed, right?
• 13:40
  And no, I get a lot of people asking questions about it.
• 13:44
  You don't store your you don't send your seed phrase to stamp
• 13:47
  seed. They send you a stamp seed
• 13:49
  storage kit to your house where you literally hammer the seed
• 13:53
  phrase into titanium plates so it could last multi generations.
• 13:58
  You could pass it on to your grandchildren, your
• 14:01
  grandchildren's grandchildren, to the point where you'll be so
• 14:04
  badass that they'll put a portrait over the fireplace of
• 14:07
  the family home. It'll be like, see my grandpa,
• 14:10
  my great, great great grandfather, He was buying
• 14:13
  Bitcoin AT70K. Can't believe it.
• 14:16
  Anyways, at the time of recording the Bitcoin price is
• 14:19
  68,580 stats per dollar 1000 four 1458 block height 837,266
• 14:27
  blocks to having 2734 having estimate April 20th 2024 Total
• 14:32
  Lightning network capacity 4407 Bitcoin capacity value 302
• 14:41
  million U.S. dollars Realized monetary inflation 1.73% The
• 14:47
  market capitalization of Bitcoin 1.35 trillion U.S. dollars
• 14:52
  Bitcoin versus gold market cap 9.76%.
• 14:57
  In the grand scheme of things, Bitcoin is just getting started,
• 15:01
  just revving up its engines. Anyways, I do have a video for
• 15:05
  us to react to today. Here's Neil Jacobs, and he's
• 15:08
  posting a clip from exactly 10 years ago when the Bitcoin price
• 15:13
  was at $479. Don't you wish you can buy
• 15:18
  Bitcoin at $479? That'd be great.
• 15:21
  Anyways, let's check out what the legacy media had to say on
• 15:25
  Bitcoin. Let's take a look at it.
• 15:26
  Technically, two ways to look at it.
• 15:28
  Obviously, rich, big, downtrend from its highs.
• 15:30
  Lost more than half its value. But it is only back to the level
• 15:34
  it was back in mid November of last year.
• 15:36
  It's not like Bitcoin is completely collapsed, you know
• 15:39
  to to levels of just a couple of years ago.
• 15:41
  Technically, any sign of support here for Bitcoin?
• 15:45
  Yeah, it it hasn't completely collapsed yet.
• 15:47
  I think is the point here, Brian.
• 15:49
  This has transitioned from a trade into a scandal, which is
• 15:53
  like a duck transitioning into Ala Raj.
• 15:55
  It's not a good thing here from a technical standpoint.
• 15:58
  We have this massive descending triangle with the peak up around
• 16:02
  1100. The base of that triangle very
• 16:04
  well defined around $500. A key psychological level I
• 16:08
  guess to some. Now that break below 500
• 16:11
  actually projects measure downside to -100.
• 16:15
  Now that doesn't really make sense but given the recent
• 16:17
  history, given the Mount GOC scandal or jocks if you will, I
• 16:22
  could see this thing in negative.
• 16:23
  It could actually cost you money to own this thing.
• 16:25
  At the end of the day, it could just disappear that quickly.
• 16:28
  So not a big fan either. I'm with Gina as well.
• 16:32
  Probably get some negative comments out there.
• 16:34
  But Brian, this is not a good chart.
• 16:35
  It's not a good story. I I I don't know what good could
• 16:38
  really come of it at this point. You guys are negative.
• 16:40
  Listen, I, I, I don't have an opinion on the way, but I will
• 16:43
  say this, it's got a lot of backers, got a lot of believers.
• 16:45
  It's got some very powerful. Backers as well.
• 16:47
  I'm not sure I'd write Bitcoin off just yet, even though it is
• 16:51
  obviously evolving. It's new.
• 16:52
  It could change. Someone's got to take the other
• 16:54
  side. That's about the best I can do.
• 16:56
  Rich Ross, Gina Sanchez, thank you very much.
• 16:58
  Folks, what do you think about Bitcoin?
• 16:59
  Obviously, a difficult last couple of months for the digital
• 17:02
  currency or digital property. What will happen?
• 17:05
  Let us know. We're on Twitter at CNBC
• 17:07
  numbers. I'm Brian Sullivan.
• 17:08
  Talk to you soon. I mean, I mean that guy must Oh
• 17:17
  yes, someone put it in the chat. That guy is now unemployed.
• 17:21
  I hope not. That'd be that'd be that'd be
• 17:24
  me. But look, the reason that those
• 17:27
  videos are so significant is not to beat yourself up and be like,
• 17:30
  Oh my God, like, it's because you have to remember that you
• 17:36
  will look back and these times right now, and you will see the
• 17:42
  same thing. It's going up forever, Laura,
• 17:46
  right? It's Infinity divided by 21
• 17:49
  million. So there will be a moment in
• 17:51
  time where you'll look back 510 years from now and you'll think,
• 17:58
  holy crap, this thing was at 60 AK and this thing's now at $1.5
• 18:03
  million. Or this thing's at $5 million,
• 18:06
  or this thing's at $10 million. You know, you know, 10 years
• 18:09
  from now, 15 years from now, 20 years from now, and you had an
• 18:13
  opportunity to buy it at 68 K It's going to be the same thing,
• 18:17
  right? So those types of videos are
• 18:20
  just kind of a like, a reminder. Like, look at the confidence in
• 18:25
  that guy's voice. He's like the Mount G ox thing
• 18:28
  happened. It's a descending triangle.
• 18:30
  This thing peaked at 1000. Oh, it's going back to three,
• 18:33
  $200. Could you have imagined buying
• 18:37
  this thing at 3 to $200? It would have been insane,
• 18:41
  right? So you you when when in doubt,
• 18:45
  you got to zoom out, right? The opportunity's still there.
• 18:49
  The vast majority of the world go into an Uber.
• 18:53
  Go talk to people on the street, talk to them about Bitcoin, see
• 18:56
  what they say, and you'll know. We're early.
• 18:59
  People still don't know what this thing is.
• 19:01
  We're jumping the the chasm between or the chasm between the
• 19:07
  innovator stays the early adopter to the early majority,
• 19:10
  right. We're like jumping that we're in
• 19:12
  the process of that. I really believe we're in the
• 19:14
  beginnings of the early majority phase.
• 19:17
  There's still a minimum of 100 X in this thing, right?
• 19:21
  So you got to ask yourself, you know you're going to, you're
• 19:24
  going to be that guy. At least the anchor was humble
• 19:27
  enough to be like, you know, a lot of powerful people like he
• 19:30
  had a little bit of humility, right?
• 19:32
  But that guy doesn't look very, very smart right now.
• 19:35
  So you either jump on the train or you get left behind.
• 19:39
  Now all of that being said, I want you guys to put that video
• 19:44
  in your forefront. When we start talking about when
• 19:48
  we start playing you guys, the videos from Pierre, Richard and
• 19:51
  Kathy Wood, and they're talking about $1,000,000 Bitcoin, $1.5
• 19:56
  million Bitcoin, right? Just just put that video in your
• 20:00
  mind. If you think it's unbelievable,
• 20:02
  if you think it can't happen as quickly as they say it could
• 20:06
  happen, no one knows the future. But I can tell you something.
• 20:11
  There will only ever be 21 million Bitcoin.
• 20:14
  It is the best asset the world has ever seen.
• 20:17
  It is a black hole. It's the best money the world
• 20:20
  has ever seen. It is uncorruptible sound money
• 20:24
  that is, you know, literally designed to go up forever.
• 20:28
  Because they're going to continue printing dollars
• 20:30
  forever. So anyways Opti, I want to get
• 20:33
  your point on. I want to get your thoughts on
• 20:36
  that dude, that guy. Like holy cow man, holy cow.
• 20:41
  Look look to be fair, at that point Bitcoin was still new.
• 20:47
  Like no one knew what it was. Like all the on ramps that you
• 20:50
  guys benefit from right now, like Bitcoin.
• 20:53
  Well and all the other ones, they didn't exist back then.
• 20:56
  Like it would like this thing. Like Mount Gox was the thing,
• 20:59
  right. So the thing to buy Bitcoin
• 21:02
  literally just disappeared off the face of the planet.
• 21:05
  So it was very uncertain times. Michael Saylor, even at that
• 21:09
  moment in time, that moment in history was like, no, this
• 21:12
  thing's going to go away, right? So it's a lot easy to say.
• 21:17
  It's a it's a lot easier to say, oh, I would have bought Bitcoin
• 21:19
  at that time. No, there is a whole lot more
• 21:21
  uncertainty now. There's a lot more certainty
• 21:25
  right now. I think it's incredibly obvious
• 21:27
  at this point, but there's still people that don't think so,
• 21:30
  which is why Bitcoin is still only at 68.
• 21:34
  Ki think if people really woke up to Bitcoin and they really
• 21:37
  found out how powerful this thing is, I think we would be
• 21:40
  north of 100K easily by now. Anyways.
• 21:43
  Opti, what's your take? And then we'll get Will's take.
• 21:46
  Yeah, just on that last point, I I always say it on the show, I
• 21:50
  don't know every other couple of weeks that I think the Bitcoin
• 21:53
  price is a real time metric of people's understanding of
• 21:56
  Bitcoin. And like Niko said, you know, if
• 21:59
  people really understood what Bitcoin is, then we'd have a lot
• 22:02
  more people holding Bitcoin currently and we wouldn't be at
• 22:05
  these prices. So this has been an opportunity
• 22:07
  for all of us to try to stack as much Bitcoin as humanly possible
• 22:10
  before the Larry thinks of the world came in.
• 22:13
  And you know, going back in time, what what year was this?
• 22:16
  This was around Mountain Gox. So, you know, a long time ago in
• 22:20
  Bitcoin world and real like in the recent memory or rather in
• 22:26
  the current zeitgeist of where Bitcoin is like in my opinion
• 22:29
  and to all of us bitcoiners and I think to anyone that is
• 22:33
  starting to gain interest in Bitcoin, Bitcoin is the least
• 22:36
  risky thing to be holding today. It's been de risk.
• 22:39
  You know, we have Larry Fink now embracing Bitcoin sailors been
• 22:42
  vindicated. We have IE Bukele with El
• 22:45
  Salvador having Bitcoin. And so that signal is getting
• 22:48
  out there. And we had a really cool
• 22:50
  conversation the other day Nico and I and I don't wanna dox him
• 22:54
  but a friend of ours was basically telling us that he was
• 22:58
  having conversations with very high net worth individuals and
• 23:02
  you know basically traders and and people with with a lot of
• 23:05
  capital and they are moving slowly right now and they're
• 23:09
  doing the research like they basically do their research
• 23:11
  before they invest a lot of money.
• 23:13
  Whereas all of us bitcoiners just like throw money at it and
• 23:15
  then we learn on the back end. So we're seeing that the signal
• 23:19
  is starting to spread and it's getting de risked in real time
• 23:22
  and people are looking towards Bitcoin as a viable solution, or
• 23:26
  rather a viable alternative to the traditional financial world.
• 23:30
  And in that time when that video was being played, most people,
• 23:34
  even bitcoins, didn't even know what they were holding.
• 23:36
  And it's just funny because I don't even remember how many
• 23:39
  obituaries there are for Bitcoin.
• 23:41
  But Bitcoin never dies. And every time I see these types
• 23:44
  of videos, it always reminds me of the early, like, I don't
• 23:49
  know, early 20, 10s, ish when or early 2000s rather when people
• 23:54
  were talking about like the impact of the Internet or social
• 23:57
  media. And you see these clips all the
• 23:59
  time on the Internet and they had no idea what the Internet
• 24:03
  is. They're like literally like
• 24:04
  monkeys looking at typewriters, like what is this thing?
• 24:06
  And if you go and look back on those videos, you're just like,
• 24:10
  Oh my God, like the Internet is basically ubiquitous with the
• 24:14
  modern world. And even when a new technology
• 24:16
  like the Internet comes out, people are still hesitant.
• 24:20
  They don't understand and what it is, they're afraid of change.
• 24:22
  And it's just funny looking back at old Bitcoin videos because it
• 24:25
  reminds me of people talking about, you know, I think there's
• 24:28
  one of like Oprah talking about the Internet and they're like
• 24:31
  this. They don't understand what's
• 24:32
  going on. And and this is just kind of the
• 24:35
  the, the, the facts of the matter when new technology comes
• 24:38
  out, people, I wouldn't say they're dumb, but they're slow
• 24:41
  to deep dive the technology until it has an actual effect on
• 24:46
  society and we're seeing this happen in real time in Bitcoin.
• 24:49
  So it's so awesome looking back on those videos.
• 24:52
  And then another point, This is why we tell you guys to not
• 24:55
  trade Bitcoin. Time in the market beats timing
• 24:57
  the market. Because if you're just looking
• 24:59
  at charts, you know, you're looking at lines on your charts,
• 25:01
  you may think you've you're late to Bitcoin, you may trade
• 25:06
  yourself out of a position. But remember what I keep telling
• 25:09
  you guys, we're playing Hungry Hippo with Bitcoin.
• 25:11
  The name of the game is accumulate accumulate,
• 25:14
  accumulate. Buy as much Bitcoin as you
• 25:16
  possibly can hold it for as long as you can and you're gonna be
• 25:20
  happy in the future and and you won't go back and look at videos
• 25:23
  of yourself talking about Bitcoin and and like beat
• 25:25
  yourself up about it. I mean we have the the famous
• 25:28
  sailor tweet where he was calling Bitcoin dead and now
• 25:30
  he's like the biggest bull in the game.
• 25:32
  So like I think it's another meme we always talk about here
• 25:35
  in in Bitcoin land is that there are no critics to Bitcoin.
• 25:40
  Because once you actually start to test your assumptions against
• 25:45
  Bitcoin and you deep dive Bitcoin, all your criticism kind
• 25:49
  of flows away. Because you, the more you try to
• 25:52
  criticize Bitcoin with an actual open mind and and in good faith
• 25:56
  you start to realize, wait, this Bitcoin thing might be something
• 26:00
  huge like. And then This is why all of us
• 26:02
  bitcoiners always say they're not big, bringing us their best
• 26:06
  critics. Because the best critics of
• 26:08
  bitcoiners always end up being bitcoiners.
• 26:11
  And you can just tell who is. You know for lack of better
• 26:14
  terms, the NPCS out there that are just regurgitating the same
• 26:17
  headlines they've heard from other people and those that
• 26:19
  actually try to understand what is going on in good faith
• 26:23
  because they always end up being bitcoiners.
• 26:25
  So this is just part of the process. 100 percent, 100% will.
• 26:30
  What's your take on that video, my friend?
• 26:33
  Yeah, really fast. I want to say stick around for
• 26:35
  the culture segment. I'm going to give away two
• 26:37
  signed copies of Bitcoin Girl, Save the World.
• 26:39
  I forgot to say that earlier. My take on the video is it's so
• 26:44
  early, let's go, let's do it. I mean, just like look at these
• 26:50
  guys drawing lines on charts, $1000 crashing to $500.
• 26:55
  We crashed $1000 while we were recording and nobody even say
• 26:59
  anything. Nobody even noticed.
• 27:01
  So I absolutely remember Bitcoin in 2013.
• 27:04
  In 2014, when Mount Gox collapsed, I was like, oh, this
• 27:08
  is a scam. This is going to zero.
• 27:10
  I'm. I'm not going in.
• 27:11
  But look, here we are. It takes education.
• 27:15
  It takes shows like simply Bitcoin.
• 27:17
  It takes people to learn. And how I know we're so early to
• 27:21
  Bitcoin is all of us here on this podcast listening live.
• 27:25
  We are the ones we weren't in the space earlier.
• 27:28
  Some of us might not have been here in 2013, including me.
• 27:30
  I know Nikko, you said you were class of 2016.
• 27:33
  Every year we're only going higher and higher and look the
• 27:37
  previous, I know what you're talking about in terms of the
• 27:41
  PTSD this bear market, we fell below the prior cycle all time
• 27:46
  high 19,000, we fell into the 15 thousands.
• 27:49
  But now look at us, we're breaking all time high before
• 27:52
  the having something that has never happened in Bitcoin's
• 27:55
  history. So it's it's only bullish from
• 27:57
  here. Let's go.
• 27:59
  I'm ready. Hold on, hold on.
• 28:03
  Let's. Don't forget be humble.
• 28:04
  Yeah, don't forget be humble. Let's.
• 28:06
  Effing go. Wait.
• 28:07
  Hold on, Miko. Seems like we got a super chat
• 28:09
  from from from from vague let's. The homie Vague.
• 28:14
  Opti's cycle is very conservative.
• 28:16
  Just like Bitcoin, he only beat bleeds once dude shuts up.
• 28:23
  Vague, appreciate, appreciate the 10 bucks.
• 28:26
  Vague. By the way, guys, by popular
• 28:28
  request we have the Super chats live.
• 28:32
  So if you guys are enjoying the show, really, really appreciate
• 28:35
  the Super chat. Also, our Bitcoin address is
• 28:37
  down in the video description, podcast description.
• 28:40
  Also, we have lightning there as well anyways.
• 28:43
  Anyways, that's fun. That's that's having hilarious.
• 28:50
  God damn. God damn it.
• 28:51
  The other thing I was thinking was the other thing the guy said
• 28:54
  is for every seller there is a buyer.
• 28:56
  That was his last defense. And that's us.
• 28:59
  We are the hobblers. We are the remnant.
• 29:01
  We are the ones accumulating all. 100% I'll buy it from you,
• 29:05
  dude. Like if you wanna take that
• 29:07
  attitude, that pomp like I was going to zero, I'll buy it from
• 29:10
  you anyway. Oh Hamasito, appreciate the 2
• 29:13
  bucks man. Thank you, thank you, thank you.
• 29:15
  Anyways, I do want to give a shout out to our merch drop.
• 29:19
  We teamed up with a Bitcoin artist named Asanoa.
• 29:22
  We have the ladies merch. We have the peaceful Bitcoin
• 29:25
  Revolution shirts, the gold Bitcoin pill.
• 29:30
  We have the gold point snapback, the gold Bitcoin dat.
• 29:34
  I absolutely love this shirt. Absolutely clean.
• 29:37
  It's super, super cool. Get yours while supplies last.
• 29:40
  We are running out of sizes so you got to you got to get
• 29:44
  yourself some simply Bitcoin merch.
• 29:46
  But first buy Bitcoin 1st. And if you have some.
• 29:50
  Wait, also Nico, if you're going to be at the having party, I
• 29:53
  think Mika is going to bring some merch with him.
• 29:55
  I'm. Going to be bringing some merch
• 29:56
  with me so but it is limited edition guys.
• 29:59
  There's only one round of of these so get yours.
• 30:02
  Well supplies last. Anyways everybody, let's get to
• 30:04
  the news. We have a lot to talk about.
• 30:05
  Let's check it out. Here we go, the Daily News.
• 30:14
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• 30:18
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• 30:24
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• 31:01
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• 31:04
  changes, this is the one for you.
• 31:06
  Check out the passport link in the show notes below to learn
• 31:09
  more. All right ladies and gentlemen,
• 31:11
  I made it incredibly easy for you guys.
• 31:14
  Oh Opti, we should definitely maybe show the the March Madness
• 31:20
  maxi bracket 'cause that's hilarious.
• 31:22
  During the culture segment guys, get yourself a hardware wallet.
• 31:26
  Remember guys, not your keys, not your cheese.
• 31:28
  If you don't take self custody, it's not really your Bitcoin.
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  Completely open source, absolutely beautiful.
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  Incredibly easy to use guys. Has a little keyboard,
• 31:42
  especially if you pair it up with the Envoy app.
• 31:45
  It's it's so easy to use it Use your cold storage bit.
• 31:50
  Anyways, let's check out quick ETF update.
• 31:54
  Let's refresh the page. MicroStrategy currently holds
• 31:57
  still 214,000 Bitcoin, grayscale, continuing to sell
• 32:04
  off 335,000 the BlackRock ETF, 252,000 Bitcoin.
• 32:09
  The Fidelity 143,000 seems like it's going sideways.
• 32:14
  None of them have really increased that much all that
• 32:16
  much. So interesting.
• 32:18
  The ARK and VEST seems to be going up 44,000 Bitcoin bitwise,
• 32:23
  31,000 Bitcoin. So very interesting.
• 32:26
  Very interesting. Clearly there's been, there's
• 32:28
  been some winners in the ETF front and I really do believe
• 32:32
  it's Arc, Fidelity and BlackRock out of all.
• 32:36
  I think it was like 11 ETFs that applied.
• 32:38
  But it seems like these guys are the winners.
• 32:40
  And it seems like that grayscale people just continue to dump the
• 32:44
  the the grayscale ETF. Maybe it's because of the
• 32:47
  pricing, maybe they had a bad experience with GBTC, Heard a
• 32:50
  lot of people had bad experiences with GBTC.
• 32:53
  Anyways, I do want to play this clip.
• 32:56
  This is what we're all here for. Here's Pierre Richard on on
• 33:00
  Marty Bench show TFTC. Huge fan by the way.
• 33:03
  And he had some something interesting to say in terms of
• 33:07
  Bitcoin and this cycle and where he thinks it could reach.
• 33:12
  And we'll make the case for it. We'll make the case for it
• 33:15
  right. This isn't just, you know,
• 33:16
  complete bull porn. We'll make the case for it is
• 33:19
  Monday. We want to start off strong, but
• 33:21
  we'll make the case why this is. And again guys, we at Simply
• 33:25
  Bitcoin we don't make price predictions ever.
• 33:28
  But, but when notable, reputable figures like Samson Mao, Adam
• 33:33
  Back, Pierre, Richard, Max Kaiser, Kathy Wood, when they
• 33:38
  bring up, you know, these these, these, these, these these price
• 33:43
  speculations, we like to cover it and we like to try to make
• 33:47
  sense of it. Sometimes they don't make sense
• 33:49
  whatsoever, but we at least like to have the conversation and
• 33:53
  remember the video that we played for you guys during the
• 33:55
  number segment? That guy was literally making
• 33:58
  fun of Bitcoin. Bitcoin was at $200.00 at that
• 34:01
  point. If I told you back then that
• 34:04
  Bitcoin was eventually going to hit $70,000 ten years later, you
• 34:09
  would have laughed me out of the effing room.
• 34:11
  You would have laughed me out of the room.
• 34:12
  So just keep that in mind. Keep that in the back of your
• 34:14
  mind. Anyways, let's check it out.
• 34:16
  And I think that the ETFs opened that up and we're starting to
• 34:22
  see the banks say, hey, in the past we have not been able to
• 34:27
  touch Bitcoin due to, you know, the Fiat maxi overlords.
• 34:32
  But because BlackRock and everyone else can get their
• 34:37
  hands on Bitcoin, we're at a disadvantage competitively and
• 34:41
  it's not fair. We need to level the playing
• 34:42
  field and allow everybody to, you know, be able to use
• 34:45
  Bitcoin. And so I think that we're
• 34:48
  starting to see a move in that direction.
• 34:52
  And so now I think that we've got a lot more clarity on the
• 34:57
  path to hyper bitcoinization completion, right, because
• 35:02
  obviously we've been in hyper bitcoinization for 15 years now,
• 35:05
  right. You don't go from a $0.00 to $1
• 35:09
  trillion market cap and not call that hyper Bitcoin organization.
• 35:13
  Bitcoin's the 5th largest base money in the world.
• 35:15
  Yeah, in an astonishingly short period of time.
• 35:20
  You know, given that human civilization has only been
• 35:23
  around for 1000 years or whatever.
• 35:26
  So yes, the answer is yes. And now?
• 35:32
  We got to we. Got to caution people, there are
• 35:34
  going to be big drawdowns, right?
• 35:36
  So it's not going to be a straight line up and to the
• 35:39
  right, it's going to crash obviously.
• 35:42
  So don't go crazy with leverage, don't use leverage, don't use
• 35:47
  the ETFs. Also things might get hairy.
• 35:51
  So you know, learn how to use a cold card, learn how to use
• 35:54
  multi sink and get get not your keys, not your Bitcoin, you
• 35:59
  know, get it off the exchanges because we're going to go in for
• 36:04
  a wild ride here. How wild?
• 36:07
  $1,000,000, you know, is kind of my expectation for for this
• 36:11
  cycle. Really.
• 36:12
  Absolutely. And like and arguably that's
• 36:15
  just like naively conservative because of massive tailwinds.
• 36:21
  I think the biggest headwind, honestly, is the paper hands,
• 36:24
  the people who are like the lettuce hands who.
• 36:28
  The Dave Portnoy's in the world. So I mean, again, it's not
• 36:32
  coming from simply bitcoins, it's coming from Pierre Richard.
• 36:35
  Pierre Richard is the VP of Research at a publicly traded
• 36:38
  mining company, Riot Platforms. It's on the NASDAQ by the ticker
• 36:42
  symbol Riot. So I mean, like, yeah, like,
• 36:45
  obviously his incentives are for him to say stuff like that.
• 36:49
  Just like it's Samson Maus incentives to say $1,000,000
• 36:52
  Bitcoin, just like simply Bitcoins incentives to be
• 36:55
  perfectly transparent, it's to say $1,000,000 Bitcoin.
• 36:58
  But at the same time, remember the video that I played you guys
• 37:01
  in the beginning of the show? Look, Bitcoin is an aligned
• 37:05
  incentive structure model, right?
• 37:08
  So miners, they're not mining out of the goodness of their
• 37:12
  heart, They're mining out of the pursuit of profit.
• 37:15
  Node operators are not roading. They're not running their own
• 37:17
  nodes out of the goodness of their heart.
• 37:20
  They're running nodes because they don't want to trust someone
• 37:23
  else's copy of the Bitcoin blockchain or they want to run
• 37:26
  their own version of their Bitcoin software.
• 37:29
  By the way, if you're thinking about running your own Bitcoin
• 37:32
  node, which you truly should, you got to take self custody.
• 37:34
  You got to get yourself a Bitcoin node.
• 37:36
  I recommend the Start nine. That's the one I personally use,
• 37:39
  Start 9 Pure. It is absolutely badass.
• 37:43
  There's a promo in the link in the video description if you
• 37:45
  guys are interested. But yeah, I mean $1 million
• 37:49
  Bitcoin, $1 million Bitcoin this cycle.
• 37:54
  I love the fact that he's like, it's conservative.
• 37:59
  Exactly. Thanks, Opti.
• 38:01
  Is it possible? Absolutely.
• 38:03
  I think anything's possible. I think you kind of have to
• 38:06
  prepare yourself for any type of possibility.
• 38:08
  Look, we're only AT70K, right? We're at .07 million right now,
• 38:15
  per Bitcoin. The the having hasn't happened
• 38:20
  yet. The bull hasn't happened yet.
• 38:23
  I mean, are you trying to make the case to me that we're gonna
• 38:27
  just hit 100K and then pack it up and then wait like another
• 38:31
  cycle? Or like maybe maybe that's the
• 38:33
  case, Maybe maybe that's the case, maybe I'm not.
• 38:35
  But you know, I think when Pierre Richard speaks, it's a
• 38:39
  good idea to listen anyways. So this many, many times Bitcoin
• 38:45
  is likely to scale into a multi trillion dollar market.
• 38:49
  And here's the Barrett, the barrier case, the bull, the base
• 38:53
  case, the bull case, the bear case is 258,000.
• 38:57
  The base case is 682,000. The bull case is 1.5 million.
• 39:02
  Now Kathy Wood released this in 2023, right?
• 39:07
  She's completely changed her outlook on this 100%.
• 39:13
  She's actually fast forwarded it to 1.5 million by 2027.
• 39:19
  And the reason for that I think is the same reason that Pierre
• 39:23
  Richard is bringing it up. It's because of the spot Bitcoin
• 39:29
  ETFs, the spot Bitcoin ETFs and the amount of institutional
• 39:33
  inflows. Not to mention the vindication
• 39:36
  and the validation of the Bitcoin public Company Strategy
• 39:41
  by Micro by Michael Saylor Michael Saylor.
• 39:45
  Have you guys seen his stock Opti?
• 39:47
  Could you pull up the micro strategy like?
• 39:50
  Yeah, it's nuts. It's.
• 39:51
  Absolutely absurd. I have to show this to you guys.
• 39:56
  Like, guys like this is insane. You don't see this on Wall
• 40:01
  Street, OK? You see this hockey stick, You
• 40:05
  see this, like, look, his stock was going sideways for like 10
• 40:10
  years, OK? This is when he started the
• 40:12
  Bitcoin strategy, right? When it peaked at 800, went back
• 40:15
  down to like $200.00 and this thing went to it's at 1782
• 40:21
  dollars. All he did.
• 40:24
  Look, right now, five on a five year scale, it's up 1000.
• 40:28
  It's 10X on a five year scale. OK, why is this happening?
• 40:33
  OK, all he did, he didn't change his business strategy into
• 40:39
  whatever. He leveraged his company to buy
• 40:44
  Bitcoin and hold Bitcoin on their balance sheet.
• 40:48
  And I'm not saying that every company could follow has to
• 40:51
  follow Micro Michael Saylor's footsteps.
• 40:54
  But if you're a company like Apple or Google, right, and you
• 40:59
  are holding massive reserves of cash that are like melting ice
• 41:03
  cubes, if you just put 1 to 2% or 3% or 4% or 5% into that,
• 41:11
  into Bitcoin, it could, it could compensate for the amount of
• 41:18
  purchasing power you're losing by holding cash.
• 41:22
  And as Micro Saylor has proven, it could also potentially help
• 41:29
  your stock price if you're holding a good amount of
• 41:32
  Bitcoin. This is what Michael Saylor is
• 41:34
  proving. No, no, no, no.
• 41:36
  This is not what he this is not what he's proving.
• 41:38
  He proved this already, right. OK, So that's the public company
• 41:43
  aspect of it. Now on the nation state level,
• 41:46
  it gets very fucking exciting. You have Naim Boukale, who's
• 41:51
  been buying one Bitcoin a day since this thing was at 26,000
• 41:56
  and he's in the profit too. Do you remember how much S the
• 42:01
  legacy media was giving him? The IMF was like, this is going
• 42:06
  to be a disaster. They had to eat their effing
• 42:11
  words. In fact, it kind of reminds, it
• 42:13
  reminds me of this guy right here talking.
• 42:18
  So surely that's how that's the IMF gave me those vibes when
• 42:21
  they're like saying they were talking S about El Salvador
• 42:24
  adopting a Bitcoin standard, right?
• 42:27
  So look, markets do what markets do best.
• 42:34
  And at the end of the day, if this micro strategy stock keeps
• 42:38
  performing the way it's performing, other public
• 42:42
  companies are going to get pressured by their investors to
• 42:48
  say, hey, what are you guys doing, how you guys being out
• 42:52
  competed by a company that's literally just holding Bitcoin.
• 42:58
  That's where the pressure is going to come in.
• 43:00
  And I think it's going to happen a lot faster than people
• 43:03
  realize. All it takes is NVIDIA,
• 43:06
  Microsoft, Google, Facebook, Apple, All it takes is 1 press
• 43:12
  release saying Chevron. Chevron.
• 43:15
  Exactly. All it takes is one of those
• 43:17
  companies to announce, hey, we're holding Bitcoin and you're
• 43:20
  going to see a tidal wave of Bitcoin Bitcoin purchase.
• 43:25
  And now here's the thing. Unlike gold, it doesn't matter
• 43:30
  how much the price of Bitcoin goes up, the production not only
• 43:34
  stays the same, it gets cut in half every four years.
• 43:39
  And that is where the supply shock is coming in.
• 43:41
  So when you hear Pierre, Richard and Kathy Wood bring out these
• 43:49
  predictions, that's where it's coming from.
• 43:52
  That's what they're seeing when you have the CEO and chairman of
• 43:59
  the largest asset manager in the world, BlackRock, who holds
• 44:03
  trillions of dollars, assets under management, say stuff like
• 44:07
  this. Look, I'm I'm very bullish on
• 44:12
  the long term viability of Bitcoin.
• 44:14
  As I say, did that surprise? Me, did that surprise me how
• 44:16
  much that's gone up, I mean look at it's it's it is we're we're
• 44:20
  creating now a market that has more liquidity more transparency
• 44:24
  and I'm, I'm pleasantly surprised and it would never
• 44:27
  have predicted it before we filed it that we were going to
• 44:31
  see this type of retail. So you thought you'd do good,
• 44:33
  but not this good. I thought, well.
• 44:37
  Ibid Ibid. Is your ETF over at iShares?
• 44:42
  It's about to overtake Grayscale, which was in the
• 44:45
  business certainly a lot longer. You look at the gains since
• 44:50
  January 11th when it first came about.
• 44:53
  Have you ever? Seen this much inflow this
• 44:56
  quickly into. Ibid is the fastest growing ETF
• 45:00
  in the history of ETFs. Did you hear that?
• 45:05
  Did you hear that? A Bitcoin ETF is the fastest
• 45:09
  growing ETF in the histories? A history of ETFs.
• 45:15
  Now pair this guy's connected dots.
• 45:17
  This is simply Bitcoin. Connect this with the micro
• 45:19
  strategy stock. Literally.
• 45:21
  Look at this. Look at that.
• 45:24
  That's not normal, right? Wait, Wall Street still has not
• 45:30
  completely waken up to this. That's what you guys have to
• 45:33
  understand. So we're when when they throw
• 45:36
  out these predictions, Pierre, Richard, Kathy Wood, this is
• 45:41
  where it's coming from here is Kathy Wood saying $1.5 million
• 45:46
  Bitcoin by 2027? Let's check out what she has to
• 45:49
  say. We have all kinds of metrics,
• 45:52
  but when I was at Abundance the the forecast was our poll case
• 45:59
  was $1.5 million in five years, so that would have been 2027.
• 46:02
  We still have time and and we still think that's going to be
• 46:06
  right. If you just look at the
• 46:08
  institutional push into Bitcoin, this new asset class, they have
• 46:13
  to consider it as fiduciaries. When you use that those code
• 46:17
  words new asset class what it means the correlation of these
• 46:20
  returns are very low compared to those of other assets.
• 46:25
  Especially as as bonds and stocks are becoming more
• 46:27
  correlated, you need something uncorrelated, yes.
• 46:29
  Absolutely, absolutely. And so they have to consider it.
• 46:32
  Now, what are we saying? There are 19.6 million Bitcoin
• 46:36
  out there right now and the highest it will ever go is 21
• 46:39
  million. Well, OK, there's real scarcity
• 46:42
  value and what what is going to happen?
• 46:44
  The price increase for every institutional dollar pushing in
• 46:49
  now is going to be much higher than it was last year, two years
• 46:54
  ago. It's, you know, we're going to
• 46:56
  get into if these institutions really want to own it.
• 46:59
  What I found fascinating recently, just learned it this
• 47:02
  morning is typically when you go through a a price move, a
• 47:05
  Bitcoin price move to the upside, you usually see long
• 47:09
  term holders, which is a metric we monitor.
• 47:11
  It's on on chain analytic analytics metric and it means
• 47:16
  people who have not moved or wallets that have not moved
• 47:18
  their Bitcoin in 155 days or more.
• 47:22
  Yes. Well, normally when you go
• 47:24
  through a price move to the upside, a very nice one like
• 47:26
  we've seen in the last year, that tends to start moving down
• 47:30
  and it did that true to form, but it has reversed in recent
• 47:34
  days because what we learned is GBTC sold some of its Bitcoin.
• 47:41
  So that was those wallets hadn't been changed in a long time.
• 47:45
  Right Now that is done at least for the time being.
• 47:48
  Now that is done and it's going back up again as the price goes
• 47:53
  up. That's highly unusual and I
• 47:55
  think it is because the long term holder saying why would I
• 47:59
  sell now when I know all these institutions which own nothing,
• 48:03
  own nothing in this realm, in this new asset class, they have
• 48:07
  to consider it because it is a new asset class.
• 48:10
  I have friends of mine who. All right.
• 48:13
  So all that being said, right, all that being said, now you
• 48:18
  have Kathy Wood, extremely intelligent, very successful.
• 48:23
  You have Pierre, Richard, extremely intelligent, very
• 48:26
  successful, right. But what happened last market?
• 48:30
  I'm going to tie it up with this.
• 48:32
  And this is something that again, I do not hear enough
• 48:35
  people talk about, but I believe that we were destined to hit
• 48:40
  100K in 2021. But something happened.
• 48:46
  Bitcoin was attacked by a nation state.
• 48:48
  In fact, not only was it just any old nation state, it was the
• 48:53
  one of the most powerful tyrannical nation states on the
• 48:56
  face of the planet. And of course, I'm talking about
• 48:59
  China, which is controlled by a single party, the CCP, and they
• 49:05
  banned Bitcoin mining and Bitcoin in the middle of the
• 49:13
  last bull run. I don't think it was AI, don't
• 49:16
  think it was a coincidence. I think it was on purpose.
• 49:19
  I think they were trying to attack the price.
• 49:21
  I don't hear a lot of people say that, but I'll make the case for
• 49:24
  you guys today because again, this is just so obvious.
• 49:29
  It's it's so incredibly obvious if you're taking a look at the
• 49:34
  data. So the line up top for audio
• 49:38
  listeners, I'm going to have to describe this to you, is the
• 49:40
  price of Bitcoin at the time. The line on the bottom is the
• 49:45
  Bitcoin hash rate. The Bitcoin hash rate is a
• 49:47
  representation of the amount of computational power that's
• 49:50
  actively mining the mining Bitcoin, therefore securing the
• 49:55
  Bitcoin network right and getting rewarded for it.
• 49:59
  If you take a look at the price, take a look at what happens with
• 50:05
  when the price starts to dump, the hash rate starts to dump
• 50:09
  with it. In fact, the hash rate dumps and
• 50:12
  the price goes down with it. Now why did that happen?
• 50:15
  Well, that's because there was a concentration of the Bitcoin
• 50:19
  hash rate in China at the time and all of those Chinese miners
• 50:26
  had to sell their Bitcoin stack and their mining equipment to
• 50:31
  relocate to more favorable jurisdictions.
• 50:35
  And this happened in the middle of the last run up.
• 50:39
  Now I think it had so much momentum that that's why we got
• 50:42
  the double peak, but not that many people talk about that now.
• 50:47
  What's different this time? Take a look at the hash rate.
• 50:50
  It's gone absolutely parabolic with the price.
• 50:54
  And I don't think there's going to be a ban.
• 50:56
  I mean, they're trying to like Elizabeth Warren is trying to
• 50:59
  and Co, right? She's doing everything in her
• 51:01
  power. But the vast majority of this
• 51:04
  hash rate, or good portion of this hash rate is located in
• 51:07
  Texas, and Texas is extremely friendly towards Bitcoin mining.
• 51:11
  And the more that the price of Bitcoin goes up, the more
• 51:13
  friendlier the state of Texas will be, right?
• 51:16
  Bitcoin is not a friend of tyrannical governments, which is
• 51:19
  why China had to get rid of it and to push forward their
• 51:21
  central bank digital currency. So another thing that I wanted
• 51:25
  to mention as well is that the hash rate recovered in about 9
• 51:31
  to 10 months. It distributed in the process
• 51:34
  became more decentralized, right?
• 51:38
  Without any type of central authority or any type of CEO or
• 51:42
  leader telling them to do so. That's absolutely incredible.
• 51:47
  And look, it's just going parabolic.
• 51:49
  And why did it do this? Bitcoins, Incentives.
• 51:52
  So I think this was one of the key factors.
• 51:55
  Last cycle, a lot of people were talking about FTX and the
• 51:58
  rehypothecation. I think that played a part, but
• 52:01
  I think that this was the primary 'cause.
• 52:04
  Now I don't think that's gonna happen this cycle anyways, I
• 52:08
  wanted to say that. So not only, you know are you
• 52:11
  hearing 1.5 to $1 million Bitcoin predictions by very
• 52:17
  reputable figures, but you're you're kind of hearing also the
• 52:21
  thought process behind how we're getting to those numbers as
• 52:25
  well, right? So very, very interesting.
• 52:27
  I'm extremely bullish on this cycle.
• 52:30
  What do you guys think? Let us know in the comments if
• 52:33
  you're watching the pre recorded or the recorded version of the
• 52:36
  show. If you guys missed the live
• 52:37
  show, drop in the comment. If you guys think those are
• 52:40
  absolutely absurd numbers. If you're watching us live,
• 52:44
  comment. And of course if you guys want
• 52:46
  to help push the orange signal forward, smash that like button
• 52:49
  If you're watching us on YouTube, on Rumble or on X
• 52:53
  formerly known as Twitter. We're currently at 1400 live
• 52:58
  viewers so appreciate all you guys for watching.
• 53:00
  Anyways, Opti, I know you're more bull hearted than I am in
• 53:04
  general, so bull. Heart is life.
• 53:07
  But I mean like bro, like I, I, I, I, I wanted to kind of break
• 53:10
  it down. Like I wanted to make the case
• 53:12
  as to why they're they're saying these things because you can
• 53:16
  just throw numbers out there. But if you don't explain the
• 53:19
  thought process behind it, you know, it kind of doesn't make
• 53:22
  sense. So you know, now that I broke it
• 53:24
  down, we pulled the data. We showed the receipts.
• 53:28
  What are your thoughts, man? Is 1,000,000 possible, dude
• 53:32
  1,000,000 by 2027? Bro, That's what like 3 years
• 53:36
  from now? That'd be absolutely effing
• 53:38
  massive. Yeah.
• 53:40
  No, I mean, First off, the context here.
• 53:44
  You know, speculating is fun. Obviously, we all bitcoiners
• 53:49
  speculate on the price whether publicly or privately.
• 53:52
  The problem is when you like throw all of your net worth in
• 53:56
  Bitcoin at a certain price expecting a higher price or you
• 54:00
  leverage your house or mortgage your house or get a HELOC and
• 54:03
  you make really risky decisions because you think the price of
• 54:06
  bitcoins going up forever. So obviously guys, you know PSA
• 54:10
  don't do that. Like that's why I think the stay
• 54:13
  humble meme is so strong. It's stay humble in your
• 54:16
  finances. You know work your job saving
• 54:18
  Bitcoin, try to get provide as much value so that you can get a
• 54:22
  good cash flow and then put all that in the Bitcoin.
• 54:24
  With all that being said, I absolutely love this bull tarted
• 54:27
  take. Pierre is the king of being bull
• 54:30
  tarted. I remember him last cycle he
• 54:32
  was, he was definitely one of the dudes like Paul Revere.
• 54:36
  Like we're going to 100K, like hyper bit colonization is here
• 54:38
  and then we all got a little piece of humble pie.
• 54:41
  So obviously he might be kind of doing something similar here,
• 54:45
  cuz 1,000,000 by 2027, as much as I believe it's a nonzero
• 54:50
  chance and there's a very good probability of that happening,
• 54:53
  it still seems like one of those far fetched numbers.
• 54:55
  But again, when I bought Bitcoin in 2017 at like 10K or it went
• 55:00
  to three, Ki wouldn't be saying that we'd be at 70K in what,
• 55:04
  three to four years like that. Those numbers seem like, oh,
• 55:07
  maybe one day we'll get there. But again, I think what we're
• 55:10
  seeing here is that Bitcoin's getting adopted at such an
• 55:13
  incredible pace right now and now the floodgates are going to
• 55:17
  get open up to Bitcoin. And so I think this is where
• 55:20
  Pierre's taking it. Like all your models are broken.
• 55:23
  Your your lines on your chart are imaginary lines and and
• 55:27
  yeah, there might might be some psychological like point on the
• 55:32
  on the Bitcoin price that people want to sell out.
• 55:34
  But again what are you selling out to?
• 55:36
  You're going to sell your Bitcoin for Fiat.
• 55:37
  You're going to sell something that is hard capped, that is
• 55:41
  digitally scarce for something that they can print for
• 55:44
  Infinity. But I do tend to agree with
• 55:47
  Pierre Rochard because what 100K is only like a 50% move from
• 55:51
  here. You know you guys can check my
• 55:54
  mass on this but it's not that far away.
• 55:56
  It's only 30 K away from here. So if you think we're going to
• 55:59
  stop this cycle at 100K or you know, I was doing and me and
• 56:04
  Nico would have these kind of conversations and then almost
• 56:06
  like low key arguments. But I'm like dude, like 300 K
• 56:09
  seems like a conservative idea of where the Bitcoin price is
• 56:13
  going to be. But again, that was before we
• 56:16
  saw the level of demand that we're seeing from institutions.
• 56:19
  And again, bringing back the little story I just told you in
• 56:21
  the numbers, is that high net worth individuals, they don't
• 56:24
  move as quickly here. So they're doing their research
• 56:27
  and they move slow, but when they do make a move, they make a
• 56:31
  huge splash. So it's only going to take a
• 56:34
  couple very rich people with very high conviction in Bitcoin
• 56:39
  to move the market and also rather some unsophisticated
• 56:43
  buyers like if they're buying. I think I saw over the weekend
• 56:45
  Nico and someone can Fact Check me, but someone just bought like
• 56:48
  a billion dollars just on the open market over the weekend.
• 56:51
  Just like not even caring. Just like stacking Bitcoin.
• 56:55
  You know if you're a high net worth individual, you're
• 56:56
  probably going to like over the counter Bitcoin sellers.
• 57:01
  But there it's only going to take one conviction, 1 high
• 57:05
  level conviction from a very wealthy person to really kick
• 57:09
  the can down the road and make this start to move.
• 57:13
  And so you know the ETFs are what, three months old?
• 57:16
  Obviously we don't advise you to buy the ETF, we want you guys to
• 57:20
  buy Bitcoin directly. But there was one point in there
• 57:23
  that Marty mentioned and it was just in passing.
• 57:26
  But Bitcoin today is the 5th largest base money in the world.
• 57:30
  I don't think you guys understand what is that, what
• 57:33
  what that really means right now.
• 57:34
  Like Bitcoin. Yes, all of us bitcoiners are
• 57:36
  super excited about Bitcoin. It's all we can talk about.
• 57:39
  But again, if you talk to normally people with normal
• 57:41
  people in everyday life, they still think Bitcoin is some fad
• 57:45
  and yet it's the 5th largest base money in the world.
• 57:49
  Like it's one of the biggest monies in the world.
• 57:52
  And right now no one's even talking about Bitcoin.
• 57:54
  So just wait till that FOMO starts to catch on again.
• 57:57
  I remember I got into 2017 and it seemed like it was a FOMO
• 58:00
  craze. You get caught up in the FOMO
• 58:02
  craze. It does seem like hyper
• 58:03
  bitcoinization is coming or it's here rather, but I do think that
• 58:07
  we really underestimate the tsunami of demand that is on the
• 58:11
  horizon for the next year or two.
• 58:13
  So I'm not saying that a million is absolutely bullet hearted.
• 58:17
  I think it could be a possibility.
• 58:19
  But it does seem like one of those far fetched numbers.
• 58:22
  But again, when you put all these dots together, the fact
• 58:25
  that they won't be able to ban Bitcoin or Bitcoin mining again,
• 58:28
  the fact that we're seeing institutional demand by the
• 58:31
  what, hundreds of billions? The fact that we haven't even
• 58:34
  got retail to FOMO into Bitcoin, The fact that Bitcoin is only at
• 58:38
  what maybe like 1% adoption rate and I would say less on the
• 58:42
  amount of people that really understand what Bitcoin is.
• 58:46
  I'm not a bear. I'm actually more bullish than
• 58:49
  Nico is. But Bitcoin is being adopted at
• 58:52
  at a spectacular rate. It's I think at this point we
• 58:55
  can safely say it's the fastest adopted technology ever, faster
• 59:00
  than the Internet. Like the Internet was made just
• 59:02
  for Bitcoin and it's getting getting adopted at an incredible
• 59:06
  pace right now. But like I said, the paper hands
• 59:10
  out there that are looking at psychological price points to
• 59:12
  sell Bitcoin. There will be some pull backs.
• 59:15
  It's not going to be just, you know, God candles after God
• 59:18
  candles. But This is why we tell you guys
• 59:20
  all the time that the real game is holding and accumulating
• 59:23
  Bitcoin for as long as possible and not looking for price
• 59:27
  targets. Just, you know, as my buddy
• 59:28
  Wino, he says he's like, I buy it, I buy a I buy Bitcoin tops
• 59:32
  as historical time stamps. It doesn't matter at what price
• 59:35
  you buy Bitcoin, it's that you hold Bitcoin long term.
• 59:39
  And again, going back to high net worth individuals, you think
• 59:42
  they really care about buying Bitcoin AT70K or 65K or 75K.
• 59:47
  When they think this is going to $1,000,000, that's just a
• 59:50
  rounding error on their balance sheet and they're like, I don't
• 59:53
  care buy this, it's going up forever.
• 59:55
  I need to store in something that doesn't lose value, and
• 59:58
  that's a totally different mind shift than people that are.
• 1:00:01
  Basically treating Bitcoin like a penny stock that are
• 1:00:03
  speculating on the price and they're just trying to turn
• 1:00:05
  their like $1000 into what? Like $1500?
• 1:00:09
  It's like it's a totally different game.
• 1:00:11
  When you understand that Bitcoin is the best thing to store your
• 1:00:14
  value through time and space that has ever been created and
• 1:00:18
  you switch your mindset once you get on the Bitcoin operating
• 1:00:20
  system, you're like, I don't want dollars, what's the what?
• 1:00:24
  Like I don't want dollars, but hey, $1,000,000 by 2027, let's
• 1:00:29
  go. All right.
• 1:00:32
  Will, what's your take on all this?
• 1:00:34
  Are we being, are we being ultra bearish?
• 1:00:38
  Are we being bullish? Bearish.
• 1:00:40
  You you guys are so bearish. I mean, Oh my gosh, I thought
• 1:00:43
  the simply Bitcoin host would be more bullish.
• 1:00:45
  So look, as you say Nico, the revolution is the self custody.
• 1:00:50
  And I'm just, I'm ready because BlackRock is coming.
• 1:00:55
  They're going to try to buy more of our ETF.
• 1:00:57
  They're going to knock on your door, on Alfie's door, on my
• 1:00:59
  door saying please, please can I can I buy some of your Bitcoin?
• 1:01:03
  I have institutional investors who would like to buy some
• 1:01:06
  Bitcoin and there's just not enough on the exchanges.
• 1:01:09
  Please, will you sell it to us for a million?
• 1:01:11
  No, I'm not selling for a million.
• 1:01:13
  I'm not selling for one and a half million because that's not
• 1:01:16
  my price target. Actually, there is no price
• 1:01:18
  target. Bitcoin is freedom and I can't
• 1:01:20
  put a price on that. So we're never.
• 1:01:23
  Selling. Hold on dude, I I absolutely
• 1:01:28
  love our guest today. We are in selling.
• 1:01:30
  I wish we had the Wolf of Wall Street clip, it'd be very, very
• 1:01:34
  fitting for for this moment. Anyways guys, we have a lot to
• 1:01:37
  talk about during the culture segment.
• 1:01:40
  But first, I do want to give a very, very special shout out to
• 1:01:45
  our new sponsor. And of course I am talking about
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  the best place to build the this one.
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• 1:01:58
  Anyways, sorry guys, Check out the Orange Pill app Stack
• 1:02:01
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  just move to a new city, you down the orange pilap and it
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  connects you with other other bitcoiners near you.
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  It's also the best place to create a Bitcoin event.
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  all coiners. I love the way that they filter
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  it. It's really, really cool.
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  I met a lot of friends in Bitcoin on the Orange Pill app.
• 1:03:04
  So guys, download the Orange Pill app today, Scan the QR code
• 1:03:08
  or check the link in the video description.
• 1:03:11
  All right, everybody, let's get to the culture, The daily
• 1:03:15
  culture. All right, everybody else, I
• 1:03:23
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  journey Opti. Yeah, so will long time friend,
• 1:04:02
  another content creator. And we say it all the time on
• 1:04:04
  the show. The way we win this is by taking
• 1:04:07
  over the culture. I jacked this for a second guys.
• 1:04:09
  We just broke 1000 live viewers on Twitter.
• 1:04:14
  We have almost 500. We have a 440 on YouTube and we
• 1:04:18
  have around 80 on Rumble. Guys, if you're enjoying the
• 1:04:22
  show, it really, really helps. If you smash the like button, it
• 1:04:25
  tells the algos to push the orange signal forward.
• 1:04:29
  So I appreciate all you guys for tuning in to Simply Bitcoin
• 1:04:32
  Live. Anyways, update it's all yours.
• 1:04:33
  OK, before I was rudely interrupted.
• 1:04:36
  No, we always say all the time the way to win here is by
• 1:04:39
  pushing the culture forward and getting Bitcoin into every Ave.
• 1:04:43
  possible. Talking about Bitcoin and maybe
• 1:04:46
  not so usual ways like a podcast, but it's creating art
• 1:04:50
  and books and music and all that good stuff that gets Bitcoin in
• 1:04:54
  front of their eyes. And well, you're doing this so I
• 1:04:57
  can pull up your tweets and and videos or websites here and all
• 1:05:01
  that stuff, but maybe let's start with what made you create
• 1:05:05
  books. Like what made you write Bitcoin
• 1:05:07
  books? Yeah, well I really didn't want
• 1:05:10
  a divorce. So I love, I love my wife a lot
• 1:05:14
  and I was just talking about Bitcoin constantly non-stop and
• 1:05:18
  she's assured me that she loves me and supports me.
• 1:05:23
  So shout out for when she watches this recording later.
• 1:05:26
  But it was it was just a little much.
• 1:05:28
  So thank goodness I could channel all of my energy, my
• 1:05:31
  passion for Bitcoin into writing, into writing about it.
• 1:05:36
  And then I could make a book that she could read later.
• 1:05:38
  And then I'll eagerly be like, what did you think?
• 1:05:40
  Did you like it? But yeah, in particular, do your
• 1:05:46
  own research. That's what we always say about
• 1:05:47
  Bitcoin. And for me, my background is a
• 1:05:50
  computer science as a software engineer and I really needed to
• 1:05:54
  understand the code of Bitcoin for myself.
• 1:05:56
  So my very, my very first book, The Bitcoin Dog, following the
• 1:06:00
  scent to the Bitcoin C++ source code to actually read the the
• 1:06:04
  code of the having. Like how does the having work?
• 1:06:07
  How does the 21 million Bitcoin limit actually work?
• 1:06:10
  So here in my book, I have in color that code, and it was
• 1:06:15
  really an exercise in myself, You know, for other people, if
• 1:06:18
  they're able to just watch simply Bitcoin, see the graphs,
• 1:06:21
  see the hash charts that Nico presents, and they get it,
• 1:06:24
  that's fantastic. For me, I had to get into the
• 1:06:26
  actual C source code to really convince myself and have that
• 1:06:30
  conviction to invest a little bit of my net worth into
• 1:06:33
  Bitcoin. So I went from there.
• 1:06:36
  And then when I wrote my first book, I found people really they
• 1:06:39
  didn't like the code parts that much.
• 1:06:41
  They really liked the story. So that's when I had to write
• 1:06:44
  Bitcoin Girl, Save the World to just do a fiction novel Destiny
• 1:06:48
  heading to El Salvador. So I'm excited for Nico to get
• 1:06:53
  inspired for his trip to El Salvador.
• 1:06:55
  The journey just continues from there, connecting with other
• 1:06:58
  fellow authors. Last time I was on simply
• 1:07:00
  talking about 21 futures they had a writing contest to get
• 1:07:03
  inspired and think about where Bitcoin could take us.
• 1:07:06
  So 21 different fellow Bitcoin riders.
• 1:07:09
  My short story Who let the Bitcoin dogs Out.
• 1:07:11
  You read a sample last time and the plebs just keep plugging.
• 1:07:14
  Stack Chain Magazine My latest article will be in the Stack
• 1:07:18
  Chain Magazine volume 3 having issue which is available for
• 1:07:21
  pre-order. Now shout out to any stack
• 1:07:23
  chainers who also follow Simply Bitcoin but I've just really
• 1:07:27
  enjoyed connecting with people. I got my Simply Bitcoin sticker
• 1:07:30
  on and I have this other sticker from some other company that has
• 1:07:34
  some if you know you know so that that's right that's right
• 1:07:38
  and you know also bit plebs LA my local Bitcoin meet up yeah
• 1:07:42
  and I just I love doing participating in the giveaways
• 1:07:45
  were so early that you can enter a Bitcoin giveaway and actually
• 1:07:49
  win. So even this shirt Fix the Money
• 1:07:51
  Fix the World was from a proof of ink giveaway, giving away
• 1:07:55
  free shirts. And that's where I'll be giving
• 1:07:56
  away two signed copies of my book, Bitcoin Girl Save the
• 1:08:00
  World, with a new anniversary edition.
• 1:08:03
  But yeah, that's that's how I got into it.
• 1:08:04
  I just didn't. I just wanted to stay married to
• 1:08:06
  my wife all. Right.
• 1:08:08
  Well, I got a new cover here. Jump in, Mika.
• 1:08:10
  So yeah, just going to hijack test for a second.
• 1:08:12
  We did get a super chat. Appreciate you Ironman.
• 1:08:17
  I hope I pronounced that correctly.
• 1:08:19
  Ironman 3080 Appreciate the 10 Australian dollars.
• 1:08:24
  With the amount of gold it would take to pay off the US national
• 1:08:28
  debt, you can build the entire Eiffel Tower 50 times over.
• 1:08:32
  Give or take $1,000,000 BTC incoming.
• 1:08:36
  I think Opti in my mind with the horns.
• 1:08:41
  All right, Opti, back to OK, well, so let's talk about the
• 1:08:44
  new cover and you want to do a giveaway live and then we'll
• 1:08:48
  we'll, you know, direct people to where they can get it and all
• 1:08:51
  that good stuff. That's right.
• 1:08:54
  So, so Destiny, she actually joins an armed eco resistance
• 1:09:00
  group in El Salvador where all of a sudden she has to get
• 1:09:04
  trained in close quarter combat and guns and jumping into
• 1:09:08
  military Chinook helicopters. So I got some feedback from Brad
• 1:09:13
  Mills on Twitter saying, bro, you got to make this, you know,
• 1:09:16
  cover more aggressive to reflect, you know how destiny is
• 1:09:21
  a badass. So here we go.
• 1:09:23
  So I have a new cover and additionally a new foreword by
• 1:09:26
  esteemed Bitcoin book reviewer Eric Buys, as well as an updated
• 1:09:31
  chapter one with the advice from my writing podcast with Maxwell,
• 1:09:35
  Alexander, Drake and Marie Mullaney.
• 1:09:38
  So yeah, I I'm very excited about it.
• 1:09:41
  I'm excited to give away two signed copies.
• 1:09:42
  OK, so let's let's do that. I think you told us you already
• 1:09:46
  did the the the contest picker or you already picked the
• 1:09:52
  winners, so you're going to have to trust him on this and not and
• 1:09:56
  then you can verify on the back end, but well, maybe tell them
• 1:10:00
  how you picked it and then who the winners are.
• 1:10:04
  Yeah, so to pick you had to repost my post on XI, put it in
• 1:10:10
  the simply Bitcoin telegram. So everybody in that simply
• 1:10:13
  telegram, I had it there ready for you as well as follow me,
• 1:10:19
  follow simply Bitcoin and comment with your favorite
• 1:10:21
  fiction book. So those are the rules to enter
• 1:10:23
  all. Right, cool.
• 1:10:25
  All right, let's let's, let's pick pick the names out of the
• 1:10:27
  hat, all right. Where's my Do you have an air
• 1:10:34
  horn? Drum roll sound Live I.
• 1:10:36
  Got you. Give me one second.
• 1:10:37
  Give me one second. Here we go.
• 1:10:38
  Live. Show.
• 1:10:39
  Let's go. Uh huh, That.
• 1:10:41
  Wait, is this the one? All right, first winner is
• 1:10:50
  Siduck, so Siduck SC, Siduck, Stack Chain.
• 1:10:53
  So congratulations, Siduck. And your favorite fiction book
• 1:10:58
  was Shantaram And the second winner Wait.
• 1:11:03
  Opti OK, hold on. I changed screens.
• 1:11:12
  Mukwano Coffee Guy, the other winner and his favorite fiction
• 1:11:18
  book was RE recaptured. So thank you guys, you are the
• 1:11:22
  winners. I will reach out to you to get
• 1:11:23
  your address to mail you your signed, autographed.
• 1:11:26
  Copies. Let's tell Hell yeah, man, hell
• 1:11:28
  yeah. OK, so let's someone said in the
• 1:11:31
  chat, I I want to get that that the dog book.
• 1:11:34
  So I do have the Amazon page here for for you.
• 1:11:37
  So tell the people where they can get it, and then we'll plug
• 1:11:39
  your website and all that good stuff.
• 1:11:42
  Yeah, sure. So, so on Amazon, if you search
• 1:11:47
  Bitcoin Girl, save the world. Or if you search the Bitcoin Dog
• 1:11:52
  following the scent, that is the way to get to my Bitcoin Dog
• 1:11:55
  book. I have it on Kindle, paperback
• 1:11:59
  and hardcover for Bitcoin Girl. Yeah, you can click big two of
• 1:12:02
  two. The Bitcoin Dog to get to the
• 1:12:04
  series. Yep.
• 1:12:06
  And then there's the Bitcoin dog on the left for for the other
• 1:12:10
  book. But yeah, those are the books if
• 1:12:13
  you want a paperback and hardcover or Kindle version.
• 1:12:16
  And then I have another link for you.
• 1:12:18
  Off the did this one. This is yeah, this is Bitcoin
• 1:12:24
  girl book.com. So I hate Fiat.
• 1:12:26
  Fiat's the worst. I want to pay to read in
• 1:12:29
  Bitcoin. So this is.
• 1:12:30
  I'm really excited about this. This is a lightning powered
• 1:12:32
  website through a lightning startup called Get Mash where
• 1:12:35
  you can pay to read the book one chapter at a time.
• 1:12:39
  So it's only it's online only. But you could do checkout with
• 1:12:43
  Lightning so you don't have to use a credit card or anything.
• 1:12:46
  There's no e-mail address. There's no account name or
• 1:12:50
  password or anything like that. So you could read silently.
• 1:12:53
  You only keep reading as long as you like the book.
• 1:12:55
  So it pushes me to be a better author.
• 1:12:58
  I think it's a new paradigm and MASH has made it so you can do
• 1:13:00
  reactions on a different sections or things.
• 1:13:02
  So I added Laser eyes reaction to the cover for a big three
• 1:13:06
  girls say the world. But so it's more and that's a
• 1:13:09
  premium reaction. So that one costs 2100 sets, but
• 1:13:11
  you can do comment emojis or comment on gifts throughout
• 1:13:15
  throughout the chapter. So in in chapter one also I had
• 1:13:18
  a like a GIF of just slow, so steamy, Sebastian, you know, so
• 1:13:22
  exciting. So yes, I'm just very excited
• 1:13:24
  about where lightning will take us.
• 1:13:26
  Again, we're so early transcend the reading paradigm.
• 1:13:29
  Let's go. Let's go.
• 1:13:30
  All right, let's plug your your other website, Bitcoin.
• 1:13:35
  Yeah. Well, like do can you do real
• 1:13:38
  Bitcoin dog really fast. Real bitcoindog.com.
• 1:13:41
  Oh, OK. Yeah, it's like 4 different
• 1:13:45
  ones. So this is my website,
• 1:13:48
  realbitcoindog.com, which has links to everything.
• 1:13:50
  So you can subscribe to my e-mail newsletter here and then
• 1:13:52
  just Scroll down a little bit. Let's see if the individual is
• 1:13:54
  Yeah, here. So I have a new merch to go
• 1:13:56
  along with the new cover. I got models showing off the
• 1:13:59
  hats. Wow.
• 1:14:00
  Oh my gosh. So exciting.
• 1:14:02
  They are not AI generated for everybody who wants to know if
• 1:14:05
  they are AI generated. They are not.
• 1:14:07
  New socks, new bras, new hats. And then we'll go to the merch,
• 1:14:10
  the merch store. So the one you were on before.
• 1:14:12
  But yeah, this is the last site. Yep.
• 1:14:14
  And so just just for you guys, I have a promo code simply for 21%
• 1:14:18
  off. The promo code is only good for
• 1:14:20
  48 hours. So if you want 21% off code,
• 1:14:23
  simply yeah, I love it. And.
• 1:14:27
  I. Yeah, there it is.
• 1:14:30
  And you can buy the epub file here.
• 1:14:32
  So even if you don't have a Kindle, you could buy the
• 1:14:34
  digital version here. But yeah, look at all this
• 1:14:36
  tasty, tasty merch for you to cuddle up.
• 1:14:39
  Snuggle up in your favorite Bitcoin dog or Bitcoin girl
• 1:14:42
  socks. The Bitcoin Girl bras are very
• 1:14:44
  popular. We got trucker hats, we have dad
• 1:14:46
  hats, We have sweatshirts, you know, and a dog feeding that,
• 1:14:50
  that, that and then some pet T-shirts.
• 1:14:52
  Yes, I have that stuff for for the dogs and stuff.
• 1:14:55
  But yeah, thank you guys for supporting your fellow pleb.
• 1:14:59
  And I'm dying for Opti to read chapter one of Bitcoin Girl Save
• 1:15:02
  the world Right now. It's very short.
• 1:15:04
  Chapter won't take too long. Where?
• 1:15:05
  Where's it at? Where's it at?
• 1:15:07
  I sent you the word. OK, And I'm slacking on this,
• 1:15:12
  but yeah, let's see. You're doing, you're doing OK.
• 1:15:14
  I do have it. And then just scroll to where
• 1:15:18
  the chapter. Let's see if I can.
• 1:15:20
  I can pull this up for everyone. All right, here we go.
• 1:15:28
  All right, here we go. The illustrious, sultry voice of
• 1:15:31
  Optimus Fields reading Bitcoin. Girl, save the world by whale.
• 1:15:36
  I'm going to ruin your last name, so I'm not even going to
• 1:15:38
  try. Oh my God, Keep So let's keep
• 1:15:42
  going. Let's go to chapter.
• 1:15:44
  One All right, here we are here. We are here.
• 1:15:47
  We are here, we are. Keep going, keep going, keep
• 1:15:48
  going, keep going. That's the.
• 1:15:50
  Forward by Oh my God, Here we go here.
• 1:15:53
  We go. Chapter one, The quiet life.
• 1:15:57
  There will be no future if there never was a past.
• 1:16:00
  I'm trying and trying, but all I get is pain.
• 1:16:03
  Silence. Deep in the jungle of the
• 1:16:06
  interwebs. I'm trying to make my presence
• 1:16:08
  known and leave my mark, but I can't get noticed.
• 1:16:11
  A quiet life is not for me. I don't want to die in nobody.
• 1:16:15
  I want to be remembered for all times.
• 1:16:17
  Going out in a blaze of glory. I go to my bedroom mirror and
• 1:16:20
  apply my makeup, foundation, blush, curl my blonde hair, blue
• 1:16:24
  eyeshadow lashes to the nines and of course, that cherry red
• 1:16:28
  lipstick. I turn on the bright lights of
• 1:16:30
  my vanity and get ready to fire up my webcam.
• 1:16:33
  It's time to live stream to my followers.
• 1:16:35
  I check myself out one more time in the mirror.
• 1:16:38
  Damn girl, you look good. I always say to myself to boost
• 1:16:41
  my confidence, but I have to admit, this morning I don't look
• 1:16:44
  good. I leave a big red smooch on the
• 1:16:47
  mirror as a final good luck kiss.
• 1:16:48
  Open up my laptop and get started.
• 1:16:51
  Good Saturday morning, followers.
• 1:16:53
  It's your girl Destiny here. Ready to give you some of that
• 1:16:55
  tasty influence. No need to wonder what products
• 1:16:59
  to buy. I've got all the answers for you
• 1:17:01
  right here. Now, who wants to pay $5 for a
• 1:17:04
  super chat to ask me a question on a product to buy?
• 1:17:07
  Crickets. My eyes drift down to the
• 1:17:10
  participants. Am I alone?
• 1:17:12
  Yes. No one is online listening.
• 1:17:14
  My hands are trembling on the keyboard.
• 1:17:16
  Sadly, I would only get four out of that $5 after paywall gets
• 1:17:21
  its cut. If only there was a way for my
• 1:17:23
  followers around the world could pay me directly without the need
• 1:17:26
  for an intermediary. Sigh.
• 1:17:28
  If only I had followers. A girl can dream.
• 1:17:33
  Go. Oh man, oh man.
• 1:17:35
  Wait, Where are we? Where are we?
• 1:17:37
  Nika got right here. OK, I look cute in the camera
• 1:17:42
  and I totalled my hair. No super chats come in.
• 1:17:44
  Typical. I've been telling the meathead
• 1:17:47
  jocks at my high school to watch me for weeks now, but they've
• 1:17:50
  shown no interest. I'm now desperate since we're
• 1:17:52
  about to graduate. Yesterday I even went over to
• 1:17:56
  the environmental hippies in their blue overalls at lunch to
• 1:17:59
  ask them to tune in, and they absolutely no fashion.
• 1:18:02
  They absolutely have absolutely no fashion sense and look
• 1:18:05
  completely lost. My computer chimes that someone
• 1:18:07
  has logged on a follower. Words appear on the screen as a
• 1:18:11
  follower. Types.
• 1:18:13
  Hi Destiny, it's Optimus Fields. Good morning, Optimus Fields, I
• 1:18:17
  say into the camera. I don't recognize that name.
• 1:18:20
  All the environmental hippies look the same to me.
• 1:18:23
  No reason to diminish one from the other.
• 1:18:25
  Still, I'm excited to have someone to talk to you this
• 1:18:28
  morning. Thanks for stopping by.
• 1:18:30
  Yesterday at lunch, you told us to tune in for fashion tips.
• 1:18:34
  But that's not why I'm here. You never paid attention to us
• 1:18:37
  or our cause before. But we could use your help.
• 1:18:40
  Use my help. Why could these
• 1:18:42
  environmentalists use my health 4.
• 1:18:44
  All I've seen them do is chain themselves to tree in the middle
• 1:18:48
  of the quad. Seems like they've seems like
• 1:18:51
  they've got it all handled for themselves.
• 1:18:52
  Still, I'm interested. What do you The door slams,
• 1:18:56
  nearly ripping off its his hinges.
• 1:18:59
  Destiny Mom bursts into the room.
• 1:19:02
  I growl for the camera, trying trying to make it cute.
• 1:19:05
  What is it mom? I wear in my chair to give her a
• 1:19:09
  dirty look. Can't you see I'm trying to
• 1:19:12
  promote myself over here? Destiny, it's time for you to
• 1:19:15
  get ready for your community service.
• 1:19:17
  Mom puts her hand, her hand, her hands on her hips.
• 1:19:21
  Do you want to help in the soup kitchen today or pick up the
• 1:19:24
  trash on the on the beach? Why should I care about cleaning
• 1:19:28
  up the beach? It all goes into the ocean
• 1:19:30
  anyways, I reply. Well, that is a weird word.
• 1:19:33
  Smartly, my laptop chimes again. Ask your mom if you can help
• 1:19:38
  join our environmental protest today.
• 1:19:40
  Environmental protest? Uh, those are so annoying.
• 1:19:44
  They close down the main highway and make my Uber ride take twice
• 1:19:48
  as long to get to the mall. Still, I'd prefer to be seen
• 1:19:52
  picking up trash at the beach wearing plastic gloves instead
• 1:19:56
  of tanning in my bikini quote. Sorry, Mom, I've got other
• 1:19:59
  plans. I'm going to head to the
• 1:20:01
  environmental protest down the street with my classmate Optimus
• 1:20:05
  Fields. Oh, that's good to hear.
• 1:20:07
  I'm just glad you'll be outside actually helping to make the
• 1:20:11
  world better a better place instead of just putting lipstick
• 1:20:14
  on and talking to yourself in front of your computer all day.
• 1:20:17
  Mom, you're so embarrassed. Embarrassing.
• 1:20:20
  I slam my laptop shut and storm off, ready to meet Optimus
• 1:20:24
  Fields at the protest. Oh, my God.
• 1:20:29
  All right, all right, hold on. I got to clear something up.
• 1:20:33
  Here would like to skies himself as environmentalist to get the
• 1:20:38
  attention of an E girl. Wait, wait, I got to clarify
• 1:20:42
  things here because Will was telling me I was going to get
• 1:20:45
  put on the spot. So I think I'm the E girl and I
• 1:20:49
  am courting an environmentalist. That that's that's the inside
• 1:20:53
  joke here that I'm the E girl putting my lipstick on to
• 1:20:56
  talking to the computer. Well, Opti is simply so everyone
• 1:21:01
  knows. That man.
• 1:21:05
  Man, this is good. Hold on one comment here.
• 1:21:07
  Loco TX says send this to an AI and let's make it the video
• 1:21:10
  episode. Fade to black.
• 1:21:14
  Let's go. Oh man.
• 1:21:16
  But that's the start. That's the humble beginnings.
• 1:21:18
  She'll go, She'll go to El Salvador, She'll join an armed
• 1:21:22
  eco resistance, She'll start a big Bitcoin mining rig.
• 1:21:26
  It's all going to go wrong. She's captain of Delta Squad.
• 1:21:29
  She's got to jump into the Humvees.
• 1:21:31
  She's literally got to save the world.
• 1:21:34
  And she's doing it by raising Bitcoin on her pocket.
• 1:21:37
  Love it. Love it.
• 1:21:38
  Love it, love it. Oh, man.
• 1:21:39
  All right, guys. So you guys, you guys could get
• 1:21:42
  yourself a copy of the book. Go follow at Real Bitcoin Dog
• 1:21:48
  for more info. Guys, thank you so much for
• 1:21:50
  tuning in to another episode of Simply Bitcoin Live.
• 1:21:53
  We really appreciate if you guys enjoyed the show.
• 1:21:55
  You know what to do, Smash the like but and consider
• 1:21:56
  subscribing if you feel like we provided you value.
• 1:21:59
  But the number one thing you could do to help push the
• 1:22:02
  peaceful Bitcoin revolution. Share Bitcoin content, Buy
• 1:22:06
  Bitcoin books. Share Bitcoin music.
• 1:22:09
  We went over the culture. We win the war.
• 1:22:12
  Will, thank you so much for joining us today.
• 1:22:13
  I really appreciate it. Always, always laughing.
• 1:22:18
  Always smiling. Bright orange.
• 1:22:19
  Future. Appreciate it, Will.
• 1:22:20
  Thank you so much. All right, guys.
• 1:22:22
  I will be streaming live from the shining country on a hill,
• 1:22:27
  El Salvador tomorrow, 12:15 PM Eastern Standard Time.
• 1:22:32
  I did book a A room with a volcano view, so I'm gonna try
• 1:22:36
  to get that into the shot. I love you all.
• 1:22:39
  Thank you guys so much for coming in.
• 1:22:42
  Appreciate it. And we'll see you tomorrow for a
• 1:22:44
  brand new episode of Simply Bitcoin Live.
• 1:22:49
  So it was brought to you by bitcoinwell.com, a Bitcoin only
• 1:22:53
  platform on a mission to enable financial independence.