Latest / Simply Bitcoin / Why Micheal Saylor Will NEVER Sell Bitcoin | EP 931

Transcript

Why Micheal Saylor Will NEVER Sell Bitcoin | EP 931 · Simply Bitcoin

• 0:03
  It's. All.
• 0:04
  Going to zero against Bitcoin. It's going up forever.
• 0:16
  You're against Bitcoin. You're against.
• 0:18
  Freedom. Yeah, welcome to Simply Bitcoin
• 0:24
  Live. You're your number one source
• 0:25
  for the Peaceful Bitcoin Revolution group.
• 0:27
  Bringing news, culture, dramatic warfare will be your guide
• 0:29
  through the separation of money and state.
• 0:30
  Ladies and gentlemen, welcome to the most watched Bitcoin Daily
• 0:33
  live show on YouTube, Rumble and X.
• 0:36
  Thank you guys for tuning in. If you guys are already enjoying
• 0:38
  the show, smash that like button really, really helps with the
• 0:41
  YouTube algos I got. I got some Octi in me today,
• 0:43
  this morning anyways for this afternoon today we're going to
• 0:47
  talk about Michael Saylor saying the quiet part out loud on
• 0:50
  legacy media, basically saying like look, you're you know
• 0:53
  billions of dollars in profit, when are you going to sell?
• 0:56
  And Michael Saylor's reached a point in the his rabbit hole
• 1:00
  journey. When you come to realize and and
• 1:02
  I get this question all the time, which is Neo, what are you
• 1:04
  going to sell? It's like sell for what?
• 1:06
  What are you going to sell for? And it's like you're going to
• 1:09
  take profit. It's like, OK, so you want me to
• 1:11
  sell something that has absolute scarcity for something that you
• 1:15
  can create an infinite amount of, that bureaucrats in DC can
• 1:19
  just print out of thin air. Is that what you want me to
• 1:21
  sell? And then that kind of, like
• 1:22
  gives you a little bit of clarity, but I understand
• 1:25
  because the first year or two, you know, you're getting, you
• 1:28
  just take the orange pill, you're looking in, you're
• 1:30
  looking at those profits. So once again, I'm glad that
• 1:33
  Michael Saylor is moving the Overton window, shattering the
• 1:36
  Overton window, getting this message out there, saying this
• 1:39
  on legacy media. And he's not only talking the
• 1:42
  talk, right? He has the proof of work behind
• 1:45
  him, right? He has the fact that his
• 1:47
  strategy, the micro strategy, Bitcoin strategy has
• 1:50
  outperformed everything since they've adopted it.
• 1:54
  So it's outperformed the SNP, it's outperformed all the big
• 1:57
  tech stocks. And so he has that backing
• 2:00
  behind him. I think it's just a matter of
• 2:02
  time before another public company follows in his
• 2:05
  footsteps. And in other news as well, you
• 2:07
  know, Tucker's really been blowing up.
• 2:09
  You know, he left Fox News and you know he's become an
• 2:12
  independent journalist and he's been doing these, you know,
• 2:15
  interviews with with public figures.
• 2:16
  And yesterday he had or maybe a couple days ago, but he had an
• 2:20
  interview with Glenn Beck from Blaze TV.
• 2:23
  And it's very interesting. He apparently asked for an
• 2:27
  interview with an ex Prime Minister of the United Kingdom
• 2:31
  and apparently that ex prime, you have to trust him, you know,
• 2:34
  for what he's saying. But at the same time, it doesn't
• 2:36
  surprise me. The guy asked him for either
• 2:39
  $1,000,000 in cash, $1,000,000 worth of gold, or $1,000,000
• 2:43
  worth of Bitcoin, right. So as much as, like, governments
• 2:47
  and nation states demonize this thing, don't pay attention to
• 2:51
  what they say. Pay attention to what they do.
• 2:53
  Like the fact that they, he asked for Bitcoin is kind of a
• 2:56
  big deal, right? So we're going to talk about
• 2:59
  that. We're going to unpack all the
• 3:00
  news. It's going to be a great show.
• 3:02
  And we have a very special We have the Big Sean Harris.
• 3:05
  How you doing buddy? I'm doing great, man.
• 3:09
  I'm doing great. I would like $1,000,000 in
• 3:11
  Bitcoin as well. I just want to know where's
• 3:13
  Tucker at with that $1,000,000. Yeah, we gotta, we gotta get, we
• 3:17
  gotta get Big Sean Harris paid, man.
• 3:19
  We gotta get him on Tucker and paid as well, paid in Bitcoin.
• 3:22
  Would you take, would you take that?
• 3:24
  $1,000,000, of course. Wait, wait, wait, Didn't we send
• 3:28
  Big Sean Harris $1,000,000 for this appearance?
• 3:31
  Like what's going on? Did yellow.
• 3:33
  Did did Did Did Yellow take it? I don't want people to know my
• 3:37
  prices, yeah. Dude, Big Sean Harris.
• 3:40
  Big Sean Influencer Harris. Over here, yellow.
• 3:44
  Yellow took the money and ran. Huh.
• 3:46
  Yeah, of course. Wait, here he is.
• 3:49
  He's in. He's in Miami.
• 3:50
  OH, right now. He's invisible.
• 3:52
  Taking your money. Yeah man, Nico, it's it.
• 3:56
  I was honestly legitimately surprised when I saw that clip
• 3:58
  and and we'll talk about it more.
• 4:00
  But again, guys, this just goes to what I've been saying for I
• 4:03
  don't even know now I'm a broken record at this point, but
• 4:05
  Bitcoin is saturating popular culture.
• 4:08
  Oh, sorry guys, I guess my mic's off.
• 4:10
  Your Eastern is messing up on me.
• 4:12
  Over here. Boom.
• 4:14
  Boom. All right.
• 4:15
  But yeah, man, it really goes to show that Bitcoin is saturating
• 4:19
  the popular culture. And we're only at the second
• 4:20
  month of this year the Bitcoin price is it hasn't even started
• 4:24
  ripping. It's going to get absolutely
• 4:26
  crazy. But anyways, we'll talk about
• 4:27
  that during the show. What we're going to talk about
• 4:28
  in the culture is the Bitcoin. Everybody in El.
• 4:31
  Salvador with Big Sean Harris. This is going to be great.
• 4:34
  Hope hopefully we see all the people down there, man.
• 4:37
  I'm getting super excited. Me and Nico were talking about
• 4:39
  it this morning. It's a man.
• 4:41
  I can't wait to get back down there.
• 4:42
  It's been 2 years for me. So Big Sean Harris.
• 4:45
  Maybe TLDR are the people before we get into the culture.
• 4:48
  What? Is the Bitcoin having party?
• 4:51
  The Bitcoin having party is it's a place for everyone to come to
• 4:56
  El Salvador. Everyone's wanted to get down to
• 4:59
  Bitcoin country and so we're making it an opportunity for
• 5:03
  everyone to get there. And now you know what you're
• 5:05
  going to do. You're going to hang out with
• 5:06
  bitcoiners, you're going to have a great time on the beach or at
• 5:09
  the pool. We're at an all inclusive
• 5:11
  resort. So come to El Salvador and come
• 5:14
  hang out with simply Bitcoin and with the Bitcoiners and go get
• 5:17
  your tickets and the code as it says right here, right there is
• 5:21
  simply So come down to El Salvador and get 10% off tickets
• 5:26
  right now with your simply code. And hear the horn in person.
• 5:32
  In all of Bitcoin is Opti Soundboard.
• 5:35
  Well, I'm so glad I brute forced it on everyone 'cause I would
• 5:38
  have been hate for a while. And the horn I I got people in
• 5:41
  the chat, they're. Like hit the horn, hit the horn.
• 5:43
  All right, all right. Anyways, anyways, Nico, I'm.
• 5:45
  I'm getting hyped this morning. I.
• 5:46
  Swear there's a There's a Bitcoin kindergarten that I
• 5:49
  listened to one time and Opti had the horn going non-stop.
• 5:53
  That's when I first got it. There's something to the horn.
• 5:56
  Even when Nico first got the soundboard, actually my greatest
• 5:58
  achievement in Bitcoin is getting all the Bitcoin content
• 6:00
  creators, Getting all the Bitcoin content creators to step
• 6:05
  their audio game up. And once, once you get the sound
• 6:08
  board going, it's hard not to. Abuse it.
• 6:10
  But anyway, Sure, Odell followed in your footsteps.
• 6:12
  Everyone did. Dude, I'm an influencer's
• 6:14
  influencer. Oh, he's.
• 6:16
  Your favorite He's your favorite Bitcoiners.
• 6:19
  Bitcoin. Oh man, I don't know about.
• 6:22
  I'm probably the most hated bitcoiners bitcoiner, but.
• 6:25
  Hey, we'll take it. We'll take it if.
• 6:27
  If they're if they're all stealing the sound board, I This
• 6:30
  is good for Bitcoin. I'm voting for Opti in 2024 too.
• 6:33
  Bad opti for. He's doing his part.
• 6:35
  He's doing his part right now, all.
• 6:40
  Right ladies and gentlemen, before we jump into the numbers,
• 6:42
  I do wanna give to our flagship sponsor, Bitcoin.
• 6:46
  Well, ladies and gentlemen, Bitcoin Well, is the self
• 6:48
  custody Bitcoin platform on a mission to enable independence?
• 6:52
  Enter your e-mail to get started.
• 6:54
  Free and automatic withdraws, 1% fees.
• 6:56
  Nothing else. Recurring purchases coming soon,
• 6:59
  fast. Account verification.
• 7:01
  We're proud to partner with Bitcoin well, because they're
• 7:03
  bringing self custody by default.
• 7:06
  Self custody is the revolution. If people don't take self
• 7:09
  custody, nothing changes. So go check out bitcoinwell.com
• 7:14
  today. All right, everybody, let's get
• 7:16
  to the news. We have a lot to talk about.
• 7:17
  Now. Let's get to the numbers first,
• 7:18
  and then we'll get to the news. Let's check it out.
• 7:22
  The Bitcoin numbers. Is your Bitcoin in cold storage
• 7:26
  really secure? Is your seed phrase really
• 7:29
  secure? Stamp seeds?
• 7:30
  Do it yourself. Kit has everything you need to
• 7:33
  hammer your seed words into commercial grade titanium plates
• 7:37
  instead of just writing them on paper.
• 7:40
  Don't store your generational wealth on paper.
• 7:43
  Papers prone to water damage, fire damage.
• 7:46
  You want to put your generational wealth on one of
• 7:48
  the strongest metals on planet earth, Titanium.
• 7:51
  Your words are actually stamped into this metal plate with this
• 7:55
  hammer and these letter stamps. And once your words are in, they
• 7:58
  aren't going anywhere. No risk of the plate breaking
• 8:01
  apart and pieces falling everywhere.
• 8:04
  Titanium stamp seeds will survive nearly triple the heat
• 8:07
  produced by a house fire. They're also crush proof,
• 8:09
  waterproof, non corrosive, and time proof.
• 8:12
  All things that paper is not allowing you to huddle your
• 8:15
  Bitcoin with Peace of Mind for the long haul.
• 8:18
  Stamp your seed. On stamp Seed.
• 8:21
  You have absolutely no excuse. I made it incredibly easy for
• 8:24
  you guys. You could scan the QR code on
• 8:27
  your screen right now. Take you directly to the Stamp
• 8:30
  Seed website where you can get yourself a stamp seed seed
• 8:34
  phrase storage kit. You want to store your
• 8:36
  generational wealth properly. You don't want to store it on
• 8:39
  paper anyways. At the time of recording, the
• 8:41
  Bitcoin price is 51,210 SATS per dollar. 1953 block height
• 8:47
  831,428 blocks to having 8572 having estimate April 19th, 2024
• 8:56
  Total Lightning Network capacity 4665 Bitcoin capacity value 238
• 9:01
  million U.S. dollars Realized monetary inflation 1.74% The
• 9:06
  market capitalization of Bitcoin 1.01 trillion U.S. dollars
• 9:10
  Bitcoin versus gold market cap 7.29%.
• 9:14
  In the grand scheme of things, Bitcoin is just getting started.
• 9:20
  So before I show you guys the guys, the video, like I said,
• 9:23
  Michael Saylor is breaking the Overton window.
• 9:26
  He's going on the legacy media and he's just, he's just
• 9:29
  dropping, watching the quiet parts out loud, the the, the
• 9:33
  parts, you know, you could never imagined bit corners would be
• 9:37
  saying on mainstream television television.
• 9:40
  So it's kind of a kind of a big deal.
• 9:43
  Anyways, so the reporter apparently asked him, You own 10
• 9:47
  billion Bitcoin, where $10 billion with the Bitcoin?
• 9:50
  When do you sell for profit? And then Michael Saylor replies,
• 9:53
  like an absolute legend I'll be buying forever.
• 9:55
  Let's check out the full clip. Last I checked, you have just
• 9:59
  under 200,000 Bitcoin. You take a look at the new spot
• 10:02
  Bitcoin ETFs. All told, they own over 700,000.
• 10:06
  Of course, a lot of that is the Grayscale Trust, but a lot of
• 10:09
  that too. 200,000 or so is from the 9 new ETFs on the market.
• 10:15
  With this new competition, is it going to become harder to source
• 10:18
  new Bitcoin for MicroStrategy to buy?
• 10:22
  Well, I think it's a very virtuous cycle.
• 10:24
  The spot ETFs have opened up a gateway for institutional
• 10:27
  capital to flow into the Bitcoin ecosystem.
• 10:31
  The demand for the spot ETFs, especially the new ones net has
• 10:35
  been far in excess of the supply from the miners every day, in
• 10:40
  some cases up to 8 to 10 times as much demand as supply every
• 10:44
  day. This is this is a rising tide
• 10:48
  that's going to lift all boats. MicroStrategy has got a levered
• 10:52
  operating strategy for Bitcoin. But if you look at what these
• 10:57
  spot ETFs are doing, they're facilitating the digital
• 11:00
  transformation of capital. And every day, hundreds of
• 11:02
  millions of dollars of capital is flowing from the traditional
• 11:06
  analog ecosystem into the digital economy.
• 11:12
  And to your point, I mean it actually, Gemini Co founder
• 11:15
  Cameron Rinklevoss, he tweeted last week that the demand from
• 11:18
  the new Bitcoin ETFs, it's at least 10 times as much as the
• 11:22
  number of new tokens that are actually being minted by those
• 11:25
  miners. So really interesting supply
• 11:27
  demand dynamics going on there. But let's talk about your
• 11:30
  existing holdings. As I mentioned in the intro, now
• 11:33
  worth around $10 billion. You have paper gains of about
• 11:37
  70% or so, which a lot of people would like to see that sort of
• 11:41
  return at any point, would you sell?
• 11:44
  When would it make sense to take profits there?
• 11:48
  Well, I've famously said I'm going to be buying the top
• 11:50
  forever. Bitcoin is is the exit strategy.
• 11:54
  It is the the strongest asset. So what we see right now is the
• 12:00
  Bitcoin has just emerged as a trillion dollar asset class and
• 12:03
  it's alongside names like Apple and Google and Microsoft.
• 12:07
  But the difference between Bitcoin and the Magnificent 7 is
• 12:11
  bitcoins an asset class. It's not a company.
• 12:14
  There's not a lot enough room in the capital structure of those
• 12:16
  companies to hold 10 trillion or $100 trillion worth of capital.
• 12:21
  So bitcoins competing against gold, which is 10X what it is
• 12:25
  right now. It's competing against the S&P
• 12:26
  index, it's competing against real estate, $100 trillion plus
• 12:30
  asset class as a store of value. So we believe capital is going
• 12:34
  to keep flowing from those asset classes into Bitcoin because
• 12:39
  Bitcoin is technically superior to those asset classes.
• 12:43
  And that that being the case, there's just no reason to sell
• 12:46
  the winner to buy the losers. I mean, absolutely bullish.
• 12:52
  And yeah, I mean something that was saying.
• 12:55
  What did he say at the very end, which is like absolute sauce.
• 12:59
  There's no reason to sell the winner for the losers.
• 13:02
  Was he referring to Fiat currencies?
• 13:04
  There? Was that like a little jab?
• 13:07
  If so, it's a jab at everything. It's a jab at everything, right?
• 13:10
  Just Bitcoin, man. I saw the laser eyes coming out
• 13:13
  of him and the reporter like, I feel like she gave.
• 13:16
  She gave him a layup, 'cause she smiled after she like she always
• 13:19
  she like, almost knew. What?
• 13:21
  He was holding bags. There's.
• 13:24
  There's some tension on there, but going between Sailor and any
• 13:27
  female reporter, that's that's always Did you hear that she
• 13:31
  called? She didn't call him Cameron
• 13:33
  Winklevoss. She called him Cameron
• 13:35
  Wrinklevoss. You think that was on purpose?
• 13:40
  Yeah, that at the Winklevike you.
• 13:42
  Think that was on purpose? No.
• 13:43
  I. Don't, actually, I don't think
• 13:44
  it was. I don't think.
• 13:47
  But I, I, I, I do see the tension though.
• 13:50
  I do see the tension that that was there, that existed, that
• 13:54
  wasn't I I didn't imagine that. Yeah, you know, there's there's
• 13:58
  no greater aphrodisiac than Bitcoin, so.
• 14:03
  Anyways, Opti, what's your take? What's your take?
• 14:06
  Oh man, love it. Yeah, so as as Taylor was
• 14:11
  saying, I I've been saying this for a long time as well.
• 14:13
  Like, I can also not imagine a future where I will not buy
• 14:17
  Bitcoin. Like, what else are you going to
• 14:19
  save in? I'm trying to save in the
• 14:21
  hardest money possible. Bitcoin, as far as I can tell
• 14:26
  and for the foreseeable future, is the best thing to be holding
• 14:30
  until a future where you know other assets can keep up to
• 14:34
  Bitcoin. Just saving in the hardest money
• 14:37
  in the world is the best bet and the most conservative bet.
• 14:40
  So I've been saying for a while, like what are you going to do?
• 14:44
  Just sell your Bitcoin for dollars?
• 14:46
  Like what? What do you say?
• 14:47
  Like, I'm I'm never going to sell my winners for my losers.
• 14:49
  And we all know that the dollar paper currencies, IOU like those
• 14:53
  are the losers. This is what's going on here.
• 14:55
  We are repricing the world in Bitcoin.
• 14:59
  The dollar is a bad way to store your value.
• 15:02
  And I say it all the time. You know, I used to be one of
• 15:04
  the just the the average normal person that was very big on
• 15:08
  saving dollars under the mattress until I realized that
• 15:11
  that is what's wrecking me and that the dollars is what's
• 15:14
  keeping me pouring in the rat race.
• 15:16
  And so, you know, kudos to the reporter lady because even
• 15:21
  though she's like playing her part, she's kind of doing the,
• 15:25
  you know, the smirk. I'm guessing she probably holds
• 15:28
  a little Bitcoin. She's definitely heard Taylor
• 15:29
  talk about Bitcoin before. It still amazes me just how many
• 15:33
  people miss the mark, how many people still don't fundamentally
• 15:36
  understand where the world is going.
• 15:38
  And if you're watching this show, you're smart, You
• 15:40
  understand where the world's going, You understand Bitcoin is
• 15:43
  the best way to store wealth. And you're so ahead of the game,
• 15:46
  it's absolutely incredible because look, I I don't really
• 15:49
  like using the meme where it's still early, but what's the
• 15:52
  global full adoption of Bitcoin? Or even even even on a lesser
• 15:57
  term, the amount of people holding Bitcoin is still a
• 16:01
  minuscule portion of the global population.
• 16:04
  So there's still a long room to run.
• 16:06
  I I keep quoting that number of like $900 trillion of total
• 16:10
  assets in the world. Now we all know Bitcoin isn't
• 16:13
  going to, you know, scoop up all that $900 trillion of total
• 16:16
  assets in the world. But it take, if it takes just a
• 16:18
  portion of that, Bitcoin has to go up.
• 16:20
  We all know it's going up forever.
• 16:22
  So the world is being repriced in Bitcoin.
• 16:25
  And as my boy wine always says, you know, we buy historical
• 16:28
  tops. No, we buy tops because of
• 16:30
  historical time stamps. So you know, you you're gonna be
• 16:35
  telling your kids, like, yeah, I bought Bitcoin at 69 K and
• 16:37
  they're gonna be like, man, my grandpa was a legend, You know,
• 16:40
  my dad was a legend. How did he even do that?
• 16:42
  He bought it 69 K and then it went down to 15 K and then he
• 16:45
  rolled it all the way up to 1,000,000.
• 16:47
  Like, what an absolute Chad of a bloodline that I am a part of.
• 16:51
  And yet people get terrified when they buy, when they see the
• 16:54
  Bitcoin hit 69 K or all time high and then it drops.
• 16:57
  And I was even saying this to Niko this morning.
• 16:59
  It's like we can see on our viewership from on our audience
• 17:04
  and and what happens on YouTube when the price pumps.
• 17:06
  People love Bitcoin and then it goes sideways for a little bit.
• 17:09
  And like no one likes Bitcoin. And it's like if you liked it
• 17:13
  when it was pumping, why don't you like it when it's on
• 17:15
  discount? It just makes no sense to me.
• 17:17
  Like we still have a lot, a lot of work out there.
• 17:20
  We still got to educate a lot of people.
• 17:22
  We still have to entertain. We'll have a job for a little
• 17:24
  bit, Nico. Dude, I mean it's like it's like
• 17:27
  the like human psychology. Like you know, like it.
• 17:30
  It's like you you you like it when number go up.
• 17:33
  Wine gets you like it when number go up, right you you kind
• 17:36
  of ignore it, you know? And every other wine, Wine says
• 17:40
  he's smarter than Michael Sailor.
• 17:42
  Cap If you got into Bitcoin before sailor, does that make
• 17:46
  you smarter than sailor? Well, you wonder, can I jump in
• 17:50
  here, Nico? And then Sean, you guys jump in
• 17:52
  as well. You know I'm so left side of the
• 17:53
  bell curve that I transcend the bell curve and I get to the
• 17:56
  right side of the bell curve. Oh man.
• 18:01
  Guys, if you're enjoying the show, you know what to do.
• 18:02
  Smash that like button. We have 70 likes.
• 18:04
  Help us break 100 likes within the first hour of the show.
• 18:08
  Just get If you're enjoying the show on YouTube, just smash that
• 18:11
  like button. We got 200 people watching us
• 18:14
  live. Anyways, Big Sean Harris, what's
• 18:16
  your take man? My take is, you know, so many
• 18:19
  people just don't understand what Bitcoin is yet because
• 18:23
  they're so caught up doing their jobs, right?
• 18:25
  You, you have so much that you have to do.
• 18:27
  There's all this money that you have to make, You have your
• 18:29
  families you have to take care of, and you just don't set the
• 18:33
  time apart to sit down and think, when I'm earning this
• 18:37
  dollar that I earn or whatever Fiat currency, what is it that
• 18:40
  I'm actually earning? Is there some work that's put
• 18:43
  behind this money? Why is it fungible with another
• 18:46
  thing that they can print in Washington, DC by the Press of a
• 18:50
  button? When I have to work, you know, I
• 18:52
  have to work my butt off every single day for this thing.
• 18:55
  And so as people start to go down that rabbit hole, and what
• 18:58
  pushes people down that rabbit hole is inflation, because they
• 19:02
  realize that they're that they're losing the value of
• 19:05
  their money. And when inflation hits hard
• 19:08
  enough, then people start to realize and they start to go
• 19:10
  down that rabbit hole. And so that's all it takes is
• 19:13
  we're going to see more inflation because we live in a
• 19:16
  world that's full of Fiat currencies.
• 19:18
  And one by one, each country will see all time highs in
• 19:21
  Bitcoin. And we've already seen it's like
• 19:23
  20 different fiats out there where Bitcoin's already at its
• 19:27
  all time high because of inflation.
• 19:29
  And so it's only a matter of time where we'll see that in the
• 19:32
  dollar again and and that'll that'll happen that more more
• 19:36
  than likely, in my opinion, pretty soon after the having.
• 19:39
  So I can't wait to watch it happen.
• 19:41
  But it's more than just price. And I think that's what a lot of
• 19:44
  people don't get. That's what these reporters
• 19:45
  don't get. These economists don't get that
• 19:48
  obviously the price is going up, but there's a reason why the
• 19:51
  price is going up. And that's because Bitcoin
• 19:54
  fundamentally is better money. And you have to figure out what
• 19:58
  the characteristics of money are.
• 19:59
  And when you figure that out, then it makes all the sense in
• 20:02
  the world why the price of Bitcoin keeps going up.
• 20:04
  Forever. Wait up, Sean.
• 20:08
  You you you just sparked an idea here.
• 20:10
  This is a free product Shark Tank idea.
• 20:14
  We need some Bitcoin dominoes. Like we need dominoes that are
• 20:16
  orange colored Bitcoin branded because the dominoes are falling
• 20:20
  in real time and you're watching them fall.
• 20:22
  I like that. I like that transition.
• 20:24
  Anyways, ladies and gentlemen, let's get to news.
• 20:26
  We got a lot to talk about. Let's check it out.
• 20:28
  Here we go. The Daily News.
• 20:35
  I want to give a shout out to our sponsor, Foundation Devices.
• 20:38
  It's self custody done right. They built a premium grade
• 20:42
  hardware wallet called Passport right here in the US.
• 20:45
  It's fully open source and verifiable.
• 20:48
  It's the most intuitive Bitcoin wallet designed with the UX,
• 20:51
  reminiscent of a simple feature phone so you will know how to
• 20:55
  navigate it and use it the moment you pick it up.
• 20:58
  Get your Bitcoin off exchanges and into your into your own
• 21:01
  hands in just a few minutes. Experience the Peace of Mind
• 21:04
  that comes with taking ownership of your own keys.
• 21:06
  After a massive sell out during Bitcoin Miami 2023, the passport
• 21:11
  is back in stock at foundationdevices.com.
• 21:14
  Bitcoin only, open source. Verifiable completely air gap
• 21:18
  security model, gorgeous design, craft premium grade materials.
• 21:22
  If you're thinking about getting your Bitcoin off exchange
• 21:24
  changes, this is the one for you.
• 21:26
  Check out the passport link in the show notes below to learn
• 21:30
  more. I made it incredibly easy for
• 21:33
  you guys. You could scan the QR code on
• 21:35
  your screen right now, take you directly to the Foundation
• 21:38
  Devices website where you can get yourself a passport hardware
• 21:42
  wallet member. Guys, not your keys, not your
• 21:44
  cheese. You definitely want to take self
• 21:46
  custody of your precious, precious Bitcoin and the way
• 21:50
  that you do that is getting yourself a hardware wallet.
• 21:53
  Anyways, I do want to talk about this very, very interesting and
• 21:58
  I'll kind of summarize it with everything else that's going on,
• 22:01
  right. So we've been covering this for
• 22:03
  quite a bit, many, many months now.
• 22:05
  There is this attack, this attack from different elements
• 22:10
  of different governments that are extremely hostile towards
• 22:13
  Bitcoin. Even in, you know, the United
• 22:16
  States where you would say, you know, supposedly this is the
• 22:19
  home of the free, you know, whatever the saying is.
• 22:21
  Right? But apparently it's not
• 22:24
  functioning like that. It's, you know, we had that
• 22:27
  infamous tweet coming out of wallet of Satoshi basically
• 22:31
  saying that, you know, we're not available in China, North Korea
• 22:36
  and the United States. Like, that's a very powerful
• 22:39
  statement, you know, And you would think somewhere like the
• 22:42
  United States is supposed supposedly the bastion of
• 22:45
  freedom and individualism and capitalism, you would think that
• 22:50
  it it would be, you know, at the vanguard, the forefront of
• 22:54
  innovation. But it's very interesting
• 22:56
  because maybe it's not. And the reason that it's not is
• 23:00
  because, you know, the government of the United States
• 23:03
  benefits tremendously from having this control over money.
• 23:08
  And apparently other wallets are following suit.
• 23:11
  This is Exodus IO. Shout out to Carl for tagging me
• 23:15
  on Twitter and it says Lightning unavailable in the United
• 23:18
  States, Withdraw funds. Our lightning provider is no
• 23:21
  longer available in the United States due to regulatory
• 23:23
  reasons. Please withdraw your funds from
• 23:26
  Lightning, right. And I think this has to do with
• 23:29
  the FinCEN proposal. This has to do like it is not a
• 23:33
  friendly environment to do business.
• 23:35
  And I think essentially what they're trying to do is that
• 23:37
  they're trying to KYC Bitcoin, like any type of Bitcoin
• 23:41
  transaction, right? They want a KYCI.
• 23:43
  They want to make it an extension of the existing
• 23:45
  system. But The thing is, from an
• 23:47
  architectural perspective, you can't do the same thing, right?
• 23:51
  Like, how do you stop? You know, let's say I wanted to
• 23:53
  send, you know, 100, you know, 100,000 Satoshi's to Big Sean,
• 23:59
  right? How do you stop me?
• 24:01
  Right. Big Sean sends me his address.
• 24:04
  I send it to him. We're not going through a
• 24:06
  middleman. You know, I can connect to a
• 24:09
  Bitcoin node that's, you know, orbiting the Earth, shout out
• 24:12
  block stream, right. You know, you could like,
• 24:15
  theoretically broadcast, and this has been proven like a
• 24:18
  Bitcoin transaction using radio signals, using ham radio.
• 24:22
  So it's like, like it's it's like, I get it right?
• 24:26
  Like all that stuff is like exceedingly complicated.
• 24:28
  But the point that I'm trying to make is like, how do you stop
• 24:30
  this? You don't.
• 24:32
  Right. So and then I think the
• 24:34
  inevitable conclusion of because you can't stop it is, is that
• 24:37
  it's going to change society. Like the fact that governments
• 24:40
  can't access the wealth of, you know, a a percentage of the
• 24:45
  population that is taking Bitcoin into self custody is
• 24:48
  going to kind of and not access, not access it easily, right.
• 24:52
  Because their only other option is to like knock down doors and
• 24:55
  be like, yo give me your Bitcoin like that's crazy.
• 24:57
  Like the reason that they were able to, like, peacefully get
• 24:59
  away somewhat peacefully get away with the 6102 order is
• 25:02
  because everyone custodied their gold with these banks.
• 25:06
  So the government really only had to knock on the door of a
• 25:08
  handful of banks and say, hey, you know what, that gold is mine
• 25:11
  now. They didn't have to go to
• 25:12
  individuals and say that gold is mine now, right?
• 25:15
  Is it that that would have been a totally different
• 25:17
  conversation. Right.
• 25:19
  So yeah, I mean, it kind of sucks.
• 25:21
  It's not surprising. And then here comes this other
• 25:24
  video where they, they finally said the quiet part aloud.
• 25:28
  And this is something that we've been speculating on.
• 25:31
  This is something that we've been saying was going to happen
• 25:34
  because it was incredibly obvious, right.
• 25:37
  Which is this idea that that they're going to try to force
• 25:40
  Bitcoin miners to censor, specifically to censor, you
• 25:45
  know, Bitcoin addresses or whatnot that are, you know, on
• 25:49
  the list of the Office of Foreign Asset Control.
• 25:51
  They don't want Bitcoin to be used to circumvent sanctions.
• 25:54
  And it's like, like, you know, we had Tucker and he had this
• 25:58
  very, very monumental kind of interview with with Putin,
• 26:02
  whether you agree with the interview or not.
• 26:04
  But there was a part of the interview that like, I
• 26:06
  completely agree with, which is this idea that the dollar has
• 26:09
  been used as a political tool. It's been weaponized.
• 26:13
  And the moment that you do that, you create an incentive for
• 26:17
  other countries to seek an alternative.
• 26:19
  So it's kind of like the Pikachu meme.
• 26:21
  Like, you know, it's like U.S. government does something then
• 26:26
  that causes something else. And they're like how could that
• 26:29
  happen? Like, you know, like what do you
• 26:30
  mean people are seeking alternative like that's
• 26:32
  ridiculous. Like, you know, and it's like,
• 26:34
  yeah, bro, like what do you think was going to happen?
• 26:37
  So they're trying to expand this sanction policy to Bitcoin and
• 26:42
  we've been covering this for many, many months.
• 26:44
  I don't think they'll be successful.
• 26:46
  All it takes is 1 miner around the world that's not following
• 26:50
  the OFAC to, you know, find a block and then include that in
• 26:55
  the block and then what are they going to do?
• 26:56
  Are they going to fork it? Right.
• 26:57
  A lot of people are speculating that but like it gets kind of
• 27:00
  complicated is what I'm trying to say.
• 27:02
  Right. So the the the worst they can do
• 27:04
  is technically they could slow down transactions or they could
• 27:08
  say, OK, you know the OFAC transactions, you can't, you
• 27:11
  can't have those. But it's like, yeah, then you
• 27:12
  have a Russian mining pool that's like, yeah, I'd love to
• 27:14
  include these, like why not? Like, you know, they're paying a
• 27:16
  high fee. So the worst I could do is like
• 27:18
  slow it down and then are are we gonna get into the conversation
• 27:21
  where there's gonna be a U.S. government approved fork and a
• 27:24
  non-us government approved fork? Like are we gonna head down that
• 27:27
  maybe we do, but like what I'm trying to say is it's not easy.
• 27:31
  So anyways, let's check out this clip.
• 27:33
  So in the D5 report that you mentioned, we highlighted lots
• 27:36
  of different types of technical features and compliance controls
• 27:39
  that can be built in at different layers of the
• 27:41
  ecosystem That could focus, for example, at the network layer
• 27:45
  where minors exist. A good place to start might be
• 27:48
  something like sanctions. OFAC has already stated in their
• 27:51
  compliance guidance that minors may already have sanction
• 27:54
  screening obligations. So a good place to start right
• 27:56
  now before imposing new AML obligations on minors or those
• 28:01
  who exist at the network layer could be to enforce the existing
• 28:04
  obligations when they, when they validate transfers.
• 28:07
  Going to sanctioned actors like Lazarus Group, I mean it's just
• 28:12
  like it's crazy. This is something that we've
• 28:14
  been saying for a while. This is why, you know, the ocean
• 28:18
  mining pool Stratum V2 is so important because yes, like this
• 28:23
  is a known kind of attack. And again, like, I don't think
• 28:26
  they'll be like unless they capture every single mining pool
• 28:29
  around the world, I just don't see that happening.
• 28:31
  And then of course like go ahead Sean, I.
• 28:33
  Was gonna say even if they catch your mining pools, remember when
• 28:37
  China banned mining and there were still miners that were
• 28:40
  mining in China after they banned mining?
• 28:43
  Like, it wasn't like it went to 0% hash rate in China.
• 28:46
  But there's still gonna be people that are just gonna say
• 28:49
  we won't comply. And they're smaller miners.
• 28:52
  Obviously they're not the huge miners, but they're smaller and
• 28:56
  they will continue to mine and they're not going to comply.
• 28:58
  There's going to be people who who stand up and and will stand
• 29:02
  up for what they believe in. And we'll just say, like this
• 29:05
  rule, and this law is ridiculous, I'm going to keep
• 29:07
  doing what I'm doing and it'll be extremely hard for the
• 29:10
  government to really find them. Yeah, I I 100% agree with that
• 29:14
  and it's really interesting and this is what brings me full
• 29:17
  circle. This brings me to this next
• 29:19
  clip, which is this idea of, like, you know, don't pay
• 29:24
  attention to what I do. What was the.
• 29:27
  It's like The thing is saying, like, don't pay attention to
• 29:29
  what I say, pay attention to what I do.
• 29:32
  And here's Boris Johnson. Boris Johnson was the Prime
• 29:34
  Minister of the United Kingdom before the new Prime Minister.
• 29:38
  And it's very interesting. I'll, I'll, I'll play the clip
• 29:41
  and then we'll talk about it. For an interview with Boris
• 29:43
  Johnson's, I have many times because he's constantly
• 29:45
  denouncing me as a tool of the Kremlin.
• 29:47
  He says no. So I'm thinking about saying
• 29:48
  getting more annoyed. So I know a lot of people who
• 29:49
  know Boris Johnson, so I reach out to them.
• 29:52
  Finally, one of his advisors gets back to me and says he will
• 29:54
  talk to you, but it's gonna cost you $1,000,000.
• 29:57
  He wants $1,000,000 what? In U.S. dollars, Gold or
• 30:00
  Bitcoin? No one.
• 30:01
  This just happens. So I mean, like that is, you
• 30:05
  know, that's sauce, right? Like, why is that sauce?
• 30:08
  Because you see kind of the, the demonization, right, the
• 30:13
  demonization of Bitcoin, right? Like this thing is bad.
• 30:17
  It's skirting. So why is this politician
• 30:19
  wanting, you know, gold and Bitcoin?
• 30:22
  Like, like, why is that? And then remember the politician
• 30:25
  that it was a, it was a Democrat, if I forget from which
• 30:27
  state, which was like accusing Naimbu Kelly of corruption And
• 30:31
  then they found gold bars in his trunk and they like it.
• 30:34
  It became apparent that he himself was corrupt, right.
• 30:37
  So why is it that these politicians want gold bars and
• 30:40
  Bitcoin? Like, if they were so confident
• 30:43
  and they believed in their system so much, why isn't that
• 30:46
  they're asking for their own Fiat currency?
• 30:48
  Like like Boris Johnson's from the UK?
• 30:51
  Like why isn't he asking for British pounds?
• 30:52
  Why is he asking for gold? Why is he asking for Bitcoin?
• 30:55
  Like why, right? It tells you everything you need
• 30:58
  to know. Like it tells you what they see
• 31:01
  as the better money, Like it tells you everything.
• 31:03
  And I was basically saying about how this is spreading
• 31:08
  everywhere, right. I think that this is a kind of a
• 31:10
  long term strategy and it came out earlier this earlier this
• 31:14
  week, a couple days ago, February 19th, that Coinbase
• 31:17
  commerce merchant payment processing platform no longer
• 31:20
  supports Bitcoin. Now I'll give you the reasons as
• 31:23
  to why that is. I suspect I'm calling it now.
• 31:26
  We've been pretty accurate with our calls the last year or so.
• 31:30
  I think this has to do with this.
• 31:32
  I think this has to do with regulatory reasons.
• 31:35
  And it's a lot easier for Coinbase to say, you know what?
• 31:38
  Like, yeah, you can send crypto to each other as long as you
• 31:41
  have a Coinbase account. So like, you know, like it.
• 31:44
  It's just like, it's just bullshit, you know?
• 31:46
  And then they're basically trying to demonize Bitcoin,
• 31:48
  'cause they're saying it's too expensive for the fees.
• 31:50
  Like, no. And they and and I remember
• 31:52
  Coinbase promising that they wanted to roll out the Lightning
• 31:54
  Network. Like, whatever happened to that?
• 31:56
  You know? So I thought, it's bullshit,
• 31:57
  Sean, You were going to say something.
• 31:59
  I, I was just going to say you know, going back to even even a
• 32:03
  mining ban, right? Like look, this is what's going
• 32:05
  on in Latin America. It's what's going on in El
• 32:07
  Salvador is people are are deciding that they they are
• 32:12
  sovereign individuals and they're not held down by
• 32:14
  sovereign countries. And so they're deciding to move.
• 32:18
  And if you just saw recently too in Ethiopia, they just opened up
• 32:22
  like a $250 million operation to to do mining out in Ethiopia as
• 32:27
  well. So like we have, if we wanted to
• 32:29
  mine, we can mine in the US if we want to or we can mine in
• 32:33
  China if we want to. But if they shut that down, it's
• 32:35
  like the miners will go to wherever, wherever they're
• 32:39
  treated the best. And there will be countries that
• 32:42
  will welcome miners with open hands.
• 32:44
  And and so it's gonna happen no matter what.
• 32:47
  It just may. It just may be that the United
• 32:50
  States like what China did, the United States may shut
• 32:53
  themselves off to Bitcoin, right?
• 32:55
  Like the whole You can't ban Bitcoin.
• 32:57
  You just ban yourself from Bitcoin.
• 32:59
  And we see that happening. Yeah, 100%.
• 33:02
  And it's just it's just crazy. It's you know it's it's crazy
• 33:06
  that again it's crazy that it's happening here in the US right.
• 33:09
  That's the crazy part cause how the US markets itself, you know
• 33:13
  what the country's ethos is. You know it's kind of going
• 33:17
  against it. So here's like the official
• 33:20
  statement. So it says customers can use any
• 33:22
  self custody EVM wallet to pay the fastest checkout is with any
• 33:26
  native asset or ECR 20 token including Rap Bitcoin on Layer.
• 33:31
  Two's customers can also pay with any asset in their Coinbase
• 33:35
  account. Quote The new commerce product
• 33:38
  enforces the details of each payment on chain, supports
• 33:41
  hundreds of assets native and ECR 20s across base Polygon,
• 33:45
  Ethereum, and automatically converts payments to USDC on
• 33:49
  chain at a Guaranteed Rate to merchants.
• 33:51
  Delivering the same capabilities on the Bitcoin blockchain
• 33:54
  without smart contracts and stable coins was challenging and
• 33:57
  we therefore made the difficult decision to remove Bitcoin and
• 34:00
  other UTXO support. I mean, that's kind of weird.
• 34:05
  Customers retain the ability to pay with UTXO assets like
• 34:08
  Bitcoin from their Coinbase account, which accounts for a
• 34:11
  significant portion of the Bitcoin volume we were seeing
• 34:14
  before making these changes. Since making the change, the
• 34:17
  results have brought us much closer to executing on our
• 34:20
  mission, which is what exactly? See, this is the problem.
• 34:24
  Like, like there's a problem with, like, altcoin exchanges.
• 34:27
  It's like it's not the separation of money in state.
• 34:30
  And what's really scary also is that Coinbase is a custodian for
• 34:33
  all these ETFs, right? So they're a big player.
• 34:36
  They're not going anywhere. It's a it's a giant public
• 34:39
  company. And like, clearly, they're not
• 34:41
  working for Bitcoin. Like, clearly, and you can make
• 34:43
  the argument that they've always been anti Bitcoin.
• 34:46
  Their business model is trying to convince you that these
• 34:49
  altcoins are gonna somehow, you know, overtake Bitcoin, That
• 34:53
  that's basically their business model, right?
• 34:55
  So I mean, it's just kind of disappointing.
• 34:58
  And then we had different takes from we had different takes from
• 35:02
  different bitcoiners, like influential bitcoiners.
• 35:05
  So this is a BTC, say, server, BTC pay server, retweet or
• 35:10
  repost. And the original tweet came from
• 35:13
  Nicholas Darriere and he said the best time, the best time to
• 35:18
  switch was six years ago. The second best time is now,
• 35:21
  Jimmy Song said. Coinbase doesn't think Bitcoin
• 35:24
  has smart contracts. This has never been and never
• 35:27
  will be a tech company. It's a regulatory arbitrage
• 35:30
  slash rent seeking company and they deserve every bit of scorn
• 35:34
  they're getting. Here's Francis Pulio.
• 35:36
  He says. Very poor excuse from Coinbase.
• 35:39
  Bitcoin does have smart contracts, but this has nothing
• 35:42
  to do with accepting on chain or lightning payments.
• 35:45
  It's wild that bull. Bitcoin.com has been processing
• 35:47
  Bitcoin payments for thousands of billers when instant with
• 35:51
  instant exchange rate lock in and Fiat settlement since 2013
• 35:55
  with 0 VC funding. And we built open source
• 35:58
  Lightning network processing in 2020 with a couple of devs, and
• 36:02
  somehow a multibillion dollar public corporation with
• 36:05
  thousands of employees cannot pull it off.
• 36:07
  Even more. Wild Bitcoin Jungle CR is
• 36:10
  processing payments for hundreds of merchants in Costa Rica on
• 36:13
  chain via Lightning and it is run entirely by volunteers doing
• 36:16
  this for fun as a side gig and via bull Bitcoin we can convert
• 36:20
  and settle inbound payments from self custodial lightning to 3rd
• 36:23
  party Fiat in a local bank account in seconds.
• 36:27
  But Coinbase cannot pull that off.
• 36:29
  I completely agree. Like I I completely agree with
• 36:32
  Francis. I think Francis has the best
• 36:33
  take. We've seen this with Bitcoin
• 36:36
  only companies that they're focusing exclusively on Bitcoin
• 36:39
  because they know that Bitcoin is the base layer, Bitcoin is
• 36:43
  the better money. What's the point of building on
• 36:45
  an inferior, you know, system, an inferior network?
• 36:48
  And then you could say, OK, but Bitcoin's too expensive.
• 36:51
  Well look, the reason the fees are the way they are and the
• 36:54
  reason that Bitcoin is designed the way it is, is
• 36:57
  decentralization above all. If you don't have a truly
• 37:01
  decentralized cryptocurrency, which Bitcoin is the only one in
• 37:03
  my opinion, you cannot separate money from state and whatever it
• 37:07
  is, it will inevitably be Co opted by the state.
• 37:10
  So it has to be actually decentralized.
• 37:13
  And I believe, and Jimmy Song really touched upon this.
• 37:16
  I think it is a regulatory capture.
• 37:18
  I think that's really what is. I think that's really what it's
• 37:21
  all about. Like, I think, you know, they
• 37:23
  got the thumbs up from the from the SEC, like, oh, you guys want
• 37:27
  to custody, you know, the spot Bitcoin ETFs, you guys want to
• 37:30
  make a ton of money off of that. Well, let me tell you about some
• 37:35
  concessions that you can make. I don't think Coinbase is an
• 37:37
  ally of Bitcoin. I'm saying it.
• 37:39
  They haven't acted like it. They say they're going to
• 37:42
  develop the Lightning Network. They never did, and now they're
• 37:45
  rolling back the ability to pay. Would Bitcoin like, what is
• 37:48
  that? Like, what does it cost them?
• 37:50
  Like they had to, like, actively shut that switch off.
• 37:54
  Like that's like a sign of aggression.
• 37:55
  Anyways, Big Sean, what's your take?
• 37:58
  I just think what you're saying is spot on, right?
• 38:00
  The the mission of Coinbase is not the mission of Bitcoin.
• 38:04
  And I think that's that's the issue with a lot of these big
• 38:07
  companies is they realize that their mission is to stay in
• 38:11
  business. And so they're doing everything
• 38:12
  that they can to to follow along with whatever the government
• 38:17
  tells them to do. And it seems like that they have
• 38:19
  been captured by the government. That's what would be my
• 38:22
  assumption is that there's someone in government telling
• 38:24
  them how they can act and what they can and can't do.
• 38:27
  And so this is what they've been told.
• 38:30
  And so it's it's not, it's not a company that's ever been their
• 38:35
  mission to advance Bitcoin. And yeah, it's probably where
• 38:38
  most of us, you know, a lot of us bought our first Bitcoin was
• 38:41
  on Coinbase, You know, I know I did.
• 38:43
  And so that's great. But once you realize, you know,
• 38:47
  once you go further down the rabbit hole, then you realize
• 38:49
  like they've just been peddling altcoins this whole time, they
• 38:53
  didn't even save that much Bitcoin for how much, you know,
• 38:55
  for how long they've been in business for and how much
• 38:57
  Bitcoin they could have saved this whole time.
• 38:59
  So they're not really bitcoiners.
• 39:01
  I would say they're more Fiat shills.
• 39:04
  They're trying to get government capture.
• 39:07
  That's just how they're set up. And you know for us as
• 39:11
  Bitcoiners we realized that our goal is the separation of money
• 39:14
  in state. It's that we can't, we don't, we
• 39:16
  can't live with a trusted third party and and that's what
• 39:20
  Coinbase essentially wants to be, is the trusted third party
• 39:23
  that you'll do deals with them and hope that that they won't
• 39:27
  rug pull you, that they won't steal your money from you and
• 39:30
  that they won't 61 O2 you. So all those things, that's
• 39:34
  that's my take. I don't think that.
• 39:35
  I don't think Coinbase is really a bitcoiners A bitcoiners
• 39:39
  exchange in my opinion. I 100% agree and we actually had
• 39:42
  a really good comment, Hajami said.
• 39:47
  Brian Armstrong is part of the establishment.
• 39:50
  We know this CZ out of the way and now Coinbase can shine with
• 39:53
  the blessings of the USA. I think that comment is on
• 39:56
  point. Yeah, I completely agree.
• 39:59
  You know, I know that Binance was like, you know, 'cause it
• 40:02
  was over, quote UN quote, it was overseas, you know, and I know
• 40:06
  that it was a pain in the ass for them.
• 40:07
  Like, from a regulatory standpoint, I feel like Coinbase
• 40:09
  is like, let's take a different approach.
• 40:11
  Let's just get in bed with these guys.
• 40:13
  Yeah. And I actually saw a video.
• 40:17
  It was, it was, it was like trending on Twitter.
• 40:19
  It was like a couple days ago or something.
• 40:21
  But it was basically like someone from Coinbase, like
• 40:25
  basically complaining about tether.
• 40:28
  And just being like Tether is overseas, like basically skirts
• 40:33
  compliance, like essentially like we have USDC.
• 40:37
  Like they're not talking shit about Tether just to talk shit
• 40:39
  about tether. They're talking shit about
• 40:40
  Tether cuz they got their own stable coin and they want their
• 40:42
  own stable coin to be adopted and used.
• 40:45
  So yeah, I mean you might see an evil alliance, or maybe there
• 40:48
  already is one. I suspect there already is one.
• 40:50
  I suspect they're already in bed together, Coinbase and the
• 40:53
  government. Here's the thing, If if you
• 40:55
  shoot at the king, you best not miss.
• 40:57
  And right now the king is the US government.
• 40:59
  And so if you're Coinbase and you, they missed, right?
• 41:02
  They tried to shoot at the US government and they missed and
• 41:05
  they realize it. And This is why you're seeing
• 41:08
  people moving to El Salvador, because El Salvador is friendly
• 41:12
  towards Bitcoin, not altcoins, not crypto.
• 41:16
  They're friendly towards Bitcoin, and they're on a
• 41:18
  Bitcoin mission. You know, Bukele didn't give his
• 41:20
  people some El Salvador coin, right?
• 41:23
  He didn't make up his Miami coin like Suarez did in Miami, right,
• 41:28
  Bukele? He freed his country.
• 41:30
  And then what does he do? He gives them freedom, money in
• 41:33
  Bitcoin. Like it's amazing and they're
• 41:36
  friendly towards Bitcoin and they want advancement.
• 41:39
  They're not worried about capturing their piece of the pie
• 41:42
  and their power they want. They know that the best, like
• 41:46
  the best model right now is to provide freedom for their
• 41:50
  citizens. And then people will come to
• 41:53
  them. The best talent will be
• 41:54
  attracted to them and that's what they're doing.
• 41:56
  And it's a winning strategy. And we're only we've only seen
• 42:00
  the beginning of this. And so it'll be a lot of fun to
• 42:02
  see how much, how much more growth we can see in El Salvador
• 42:06
  over the years because of the strategy that they're playing
• 42:09
  versus the strategy that the United States is playing, which
• 42:12
  this is the strategy, it's strategy that any government
• 42:15
  that is ruling the world would play.
• 42:18
  They want to hold on to whatever they have because it's hard to
• 42:22
  think about moving towards a new future.
• 42:25
  And it's easy for El Salvador to do it because they don't have
• 42:28
  the power, right. So it's easy for them to say we
• 42:30
  can take an alternative route to getting more, to getting more
• 42:34
  citizens and more money in our in our country.
• 42:36
  And and it's the correct decision to make.
• 42:39
  It's the right decision for them. 100%, I I 100% agree with
• 42:43
  that statement, dude, it's it. It it's a lot easier, 'cause
• 42:46
  they didn't have a legal tent, they didn't have a legal, they
• 42:48
  didn't have a Fiat currency, they were using the dollar.
• 42:50
  So they were already outsourcing their monetary policy and
• 42:54
  they're just like, you know what, it's time to try something
• 42:56
  new. And you know how I know that El
• 42:58
  Salvador was over the target, the amount of attacks that were
• 43:01
  coming from the legacy media, which I would say is an arm of
• 43:05
  the government. Like I know that's very
• 43:06
  controversial, but I mean I really suggest the Tucker
• 43:09
  interview that dropped like two or three days ago.
• 43:12
  There's so much fire in there. I I just, I see it.
• 43:15
  You see the this legacy machine, legacy media machine.
• 43:20
  And once you see you can't Unsee it like it's so crazy how like
• 43:24
  they just act in like they they just like it's like a step by
• 43:29
  step. As soon as Larry Fink and
• 43:31
  BlackRock was like, you know, this Bitcoin stuff is dope, all
• 43:35
  of a sudden, right? You, you have anchors on legacy
• 43:39
  media defending Bitcoin to the death, even with Gary Gensler,
• 43:43
  right? So like clearly, like the legacy
• 43:45
  media, like it's it's just it's captured by special interests,
• 43:49
  whether that's the government or these large corporations like
• 43:52
  BlackRock. I just don't trust it.
• 43:54
  I don't trust it. And the amount of vitriol, the
• 43:57
  amount of hate going on to El Salvador, even though it's a
• 44:00
  country that went through like a 30 year civil war, one of the
• 44:03
  most violent countries, you know, until Bukele, of course.
• 44:06
  And then they like got their stuff together and you would
• 44:10
  they ignore every other country in Central America, right?
• 44:13
  It's just they ignore that and they're like El Salvador is a
• 44:17
  problem. And it's like, why is El
• 44:18
  Salvador is a problem? Did you guys see?
• 44:20
  Actually this reminds me, Opti, do you have the video of Bukele
• 44:24
  replying to the BBC 'cause he just absolutely.
• 44:27
  I can pull it out real quick. He just absolutely did, which I
• 44:30
  think it's worth playing that video.
• 44:32
  That video's so good because it was like 11 minutes long though,
• 44:35
  right? Yeah, we won't play the whole
• 44:37
  thing, but I do have it right here.
• 44:38
  So one second all. Right.
• 44:40
  Yeah. Because I think it's worth it
• 44:42
  because it just kind of shows like, it just shows like how
• 44:46
  disconnected it is. Thank.
• 44:48
  You I. Don't think anybody could
• 44:58
  suggest. That you haven't changed the
• 45:00
  face of security in the last five years, but my question?
• 45:06
  Is. It'll get louder.
• 45:07
  Guys, hold on. Specifically.
• 45:08
  In terms of thousands who have the rights organization, so no
• 45:14
  consent will be. He's asking about the innocent
• 45:21
  people that are locked up in. And I can pass, obviously on His
• 45:26
  mother was bringing food to the prison where he was at.
• 45:28
  It turns out he'd been moved to the secot some weeks, months in
• 45:31
  fact, earlier, while she was faithfully bringing food to the
• 45:33
  prison. Seems like he's completely lost
• 45:35
  in the system. And there are two Ordoganis de
• 45:37
  Liberacion in his name, one as recently as June last year and
• 45:41
  yet he's simply not been released even over 20 days is
• 45:44
  obviously now six months ago, by which time he should have been
• 45:46
  out. I'm wondering what if if your
• 45:49
  intention is to sort of work on the legal side of things,
• 45:53
  assuming you win today and that you are president for the next
• 45:55
  five years to start unpicking those sorts of problems and
• 45:59
  errors in in in the state of exception.
• 46:01
  And secondly, if you also plan to only serve one more term from
• 46:04
  here, and if you don't plan to lift term limits altogether.
• 46:08
  Thank you. Well, it's important to say that
• 46:13
  every police in the world, because I find this some
• 46:15
  somewhat amusing when they say, oh, but you know what, El
• 46:18
  Salvador, they arrest people and some of the arrested are
• 46:21
  innocent. And I'm a little baffled because
• 46:25
  I wonder if in the UK all of the arrests are of guilty people or
• 46:29
  your police. Some sometimes arrest innocent
• 46:31
  people. I mean I bet there will be a
• 46:33
  percentage of people arrested by UK police, the police of the
• 46:37
  government that you work for. And they will arrest sometimes
• 46:40
  innocent people as a mistake or because they were they had a
• 46:44
  wrong tip or. But they will go to a judicial
• 46:46
  system. If there were no arrest of
• 46:49
  innocents in any. If there was one police in the
• 46:52
  world, one police force, UK, Spain, France, you name it, any
• 46:57
  country, the US, Canada, any police force that has only that
• 47:02
  has zero percentage of margin of error.
• 47:05
  They only arrest guilty people. Why you?
• 47:07
  Why would you need prosecutors or defense or a justice system?
• 47:10
  You will need that because the police is perfect in your
• 47:13
  country. So every country in the world
• 47:15
  will have an imperfect police. Now it is different when you
• 47:19
  have in countries that promote ethnic cleansing for example.
• 47:23
  Or they promote or they arrest political opponents or they
• 47:26
  arrest a minority. But in our case all of the
• 47:29
  arrests are made to end the bloodshed that was that was that
• 47:33
  we lived for decades and we have ended it.
• 47:35
  Now there are police made a couple of mistakes.
• 47:38
  Of course they did. That's why our judicial system
• 47:40
  has been freed innocent people and they will freed every
• 47:41
  innocent people that that the police has wrongly arrested and
• 47:44
  we have already freed 7000 people.
• 47:46
  Now I would, I would assume that the criticism may come from a
• 47:50
  hypothetical country that doesn't have any any arrest of
• 47:53
  innocence. But I'm sure that in the UK they
• 47:55
  do plenty arrest of innocent people And then they are proven
• 47:58
  innocent in in court. But sometimes, and we have seen
• 48:00
  a lot of cases in the US, in the UK, Europe that they find them
• 48:04
  that they're innocent 20-30 years after being convicted
• 48:09
  because they found some DNA evidence.
• 48:11
  So what does that mean? That means that you shouldn't
• 48:12
  arrest criminals. No, it means that police made a
• 48:15
  mistake and some retributions have to be made to the people
• 48:17
  that have been arrested wrongfully.
• 48:19
  But we don't. We don't think, we think it's
• 48:23
  it's weird or we're baffled by by the criticism of something
• 48:28
  that you know, you well know that any police in the world
• 48:31
  would make which is a small percentage of of innocent people
• 48:35
  getting in the net. One point on that, of course, is
• 48:38
  that 75,000 people in the space of the.
• 48:40
  Year, so he just. Keeps going and he like
• 48:42
  absolutely slays it. It is a pretty long video, but I
• 48:44
  highly recommend checking it out.
• 48:46
  And like, this is what I was talking about.
• 48:49
  Like when I was talking about and he even said it like, like,
• 48:52
  I don't know, is it like a Freudian slip or something?
• 48:55
  But he even said it. He's like the government, you
• 48:57
  know, the UK, the government that you work for.
• 48:58
  Like he, well, Kelly even said it himself, right.
• 49:01
  So, you know, this is what I'm talking about.
• 49:03
  Is that like the media, the way that I see it, the legacy media,
• 49:07
  like it's not it's clearly not unbiased.
• 49:11
  It's clearly, it clearly has a bias.
• 49:12
  It clearly, like, protects. It clearly is being used as a
• 49:18
  mechanism. And I think this has been
• 49:20
  happening for a long time. I just think that the Internet
• 49:23
  really just opened our eyes to it.
• 49:25
  I think before you could have made made the argument that we
• 49:28
  were asleep, but I think the Internet opened our eyes to it
• 49:31
  because of social media, right? So now you have the rise of
• 49:33
  independent content and that independent content is is
• 49:37
  telling you the truth more than the quote UN quote reputable
• 49:40
  sources and you start to ask questions like you know like
• 49:43
  what the F are having what what, what are these people been
• 49:46
  telling me this entire time what is going on right.
• 49:49
  So anyways, I want to get Sean's take, Opti's take, then let's
• 49:52
  let's get to the culture. So I really love this because
• 49:54
  this is something I've been talking about a lot, you know,
• 49:56
  especially with with being down in El Salvador a couple of
• 49:59
  times. I used to live in, in Honduras.
• 50:02
  I lived in Honduras for two years, which borders El
• 50:04
  Salvador. And I lived in the most
• 50:06
  dangerous city in the world in Honduras at that time, and then
• 50:09
  ended up the murder capital world, ended up coming to El
• 50:12
  Salvador. And for me, it's like a lot of
• 50:15
  people come with their eyes from the United States or from
• 50:18
  England or from the Western world, and they want to judge a
• 50:22
  country that's the murder capital of the world or that was
• 50:24
  the murder capital of the world with the same liberal democracy
• 50:28
  ideals that we have. And they want to impose that on
• 50:32
  them. And it doesn't, it doesn't
• 50:33
  translate, it doesn't work. And one of the other points that
• 50:36
  that Buchelli ended up making, which I think is the greater
• 50:39
  point is, you know, you know, you shouldn't have any errors in
• 50:43
  making arrests. I agree like that should that
• 50:46
  should be 0. But every country does it does
• 50:48
  that make it an excuse? No, it doesn't make it an
• 50:51
  excuse. But what the bigger point is in
• 50:53
  my opinion is these gang members who who identified themselves as
• 50:59
  killers and rapists by their tattoos and that's how they
• 51:02
  identify themselves is by their tattoos that they have killed
• 51:05
  and then they have raped. And so they identify, they self
• 51:09
  identify themselves, they're bragging about their what
• 51:11
  they've done and you know what are they doing?
• 51:15
  They're killing innocent people. So the question is do do their
• 51:19
  kids and their wives and their brothers and their sisters
• 51:23
  deserve to be killed innocently because if they don't lock up
• 51:27
  the criminals, that's what does happen.
• 51:29
  And so that was, that was the dilemma that they faced, was
• 51:32
  we're going to arrest all of these murders and criminals and
• 51:36
  rapists. And when we do it, there's going
• 51:38
  to be an air raid and we're going to arrest some people that
• 51:40
  are innocent more than likely because that's what happens in
• 51:44
  any police force. But that was the decision that
• 51:47
  they made. And you know, and I think it
• 51:50
  overall, I think it was the right decision to make.
• 51:53
  I think if I was put in his shoes, I would have made the
• 51:55
  same decision. And it's a hard decision to
• 51:57
  make. But when you see innocent people
• 51:59
  dying every day, then you realize, well, maybe if we have
• 52:02
  to lock up some innocent people and they're in prison for a few
• 52:05
  months, that's better than having our people dying and
• 52:08
  being murdered innocently. And that that was, that was what
• 52:12
  was, you know, weighing in the balance for them.
• 52:14
  And I think it's the right decision.
• 52:15
  And it was a tough decision. But look at El Salvador now.
• 52:18
  It's a way more safer than it's ever been.
• 52:21
  It's the safest country in all of Latin America now.
• 52:24
  And if you talk to any Latin American outside of El Salvador
• 52:28
  or inside of El Salvador, they all love Bukele.
• 52:30
  If they're not in El Salvador, they say we wish Bukele was our
• 52:33
  president. We wish he would do in our
• 52:35
  country what he's done in El Salvador.
• 52:38
  And it's like, would you rather have Biden as your leader or
• 52:41
  Bukele like, look at how Bukele speaks.
• 52:43
  He can do this in another language.
• 52:45
  He can speak better in English than Biden can speak in English,
• 52:48
  and that is what is pretty amazing.
• 52:50
  So kudos to Buchelli and El Salvador and everything that
• 52:53
  they're doing for their people. Yeah, 100%.
• 52:56
  I think that's a really, really good take.
• 52:58
  Opti, what's your take? Yeah, yeah, so we we strayed a
• 53:01
  lot from the videos in the in the beginning.
• 53:04
  So let me go back a little bit. First thing we start with like
• 53:09
  the lightning, Exodus, dropping Lightning and the Coinbase.
• 53:13
  Well you know Exodus is a shit coin wallet.
• 53:16
  So connecting the dots, Coinbase is a shit coin casino.
• 53:20
  So you. Can't play.
• 53:22
  That card. I know, I know.
• 53:23
  Satoshi did it. First, I know, I know.
• 53:26
  So that's where I was going. You know, the cynical surface
• 53:30
  level take is that they probably dropped lightning because
• 53:34
  they're incentivized because of the shit coins.
• 53:36
  But giving them the benefit of the doubt, we've been covering
• 53:39
  the government crackdown on Bitcoin.
• 53:42
  And it's definitely, definitely an attempt to try to hamper
• 53:45
  Bitcoin. You know, shoot Bitcoin in the
• 53:46
  knees hypothetically or metaphorically so that more
• 53:49
  people don't use Bitcoin. And we know the classic playbook
• 53:52
  flood Bitcoin and we know the classic shit coin playbook too
• 53:55
  Fudd Bitcoin. So you buy my shit coin we we we
• 53:57
  know the game being played. And then adding that with the
• 54:01
  the lady I I don't know who she was and I don't know where she
• 54:03
  was testifying. But that video of her testifying
• 54:06
  on Bitcoin mining and tagging and bagging Bitcoin miners and
• 54:10
  you know we've been saying that this was going to happen for a
• 54:12
  while. Now they're actually saying it
• 54:14
  out loud and it all goes back to the same thing when you connect
• 54:18
  this to that Boris Johnson Tucker Carlson clip.
• 54:23
  Don't watch or don't don't watch what I do.
• 54:25
  Listen to what I say meme. We know that the people in
• 54:28
  power, they maybe not everyone. I'll I'll give them the negative
• 54:33
  benefit of the doubt here. But the people in power fully
• 54:36
  understand Bitcoin as far as I'm concerned.
• 54:38
  At first I was kind of naively thinking that yeah, maybe they
• 54:40
  just don't understand Bitcoin because you can hear when they
• 54:42
  talk about Bitcoin, they obviously don't technically
• 54:45
  understand Bitcoin, but they understand what is at stake and
• 54:49
  This is why we're seeing all of this stuff play out.
• 54:51
  And when I saw that Tucker Call video, not gonna lie, I I kind
• 54:55
  of maybe thought that Boris Johnson was kind of trolling
• 54:58
  Tucker by saying, you know, $1,000,000 in cash, Bitcoin or
• 55:01
  gold. And now whether that actually
• 55:04
  happened or not within might be debatable.
• 55:06
  But again, this goes back to the idea that the politicians, the
• 55:09
  central bankers, you know, Jamie Dimon's been saying this for
• 55:11
  forever, you know, Bitcoin for only criminals and yet he is the
• 55:15
  authorized partner of the BlackRock ETF.
• 55:17
  So again, they say things publicly and then behind the
• 55:20
  scenes they embrace Bitcoin. So I wouldn't be surprised prize
• 55:24
  if we learn that some of these big wigs that come out against
• 55:27
  Bitcoin have huge Bitcoin stacks.
• 55:30
  And again, it kind of goes into the Bitcoin is for enemies or
• 55:33
  Bitcoin is for anyone. So obviously they see the value
• 55:38
  of a currency that is separate from the ridiculous things that
• 55:42
  the state is doing in every corner of the world.
• 55:45
  And let's not forget, did you guys catch the Freudian slip in
• 55:48
  that testimony from the lady you know, talking about hard forking
• 55:51
  Bitcoin? Are we gonna, are we gonna get
• 55:53
  an AirDrop soon? I am so hype.
• 55:55
  Can we get an shit coin AirDrop soon?
• 55:57
  That would be absolutely amazing, she did say.
• 56:00
  Fork, she did say. She did say.
• 56:02
  Fork. And then touching on that last
• 56:03
  thing, Nico, you were you've been talking about it all week.
• 56:06
  And last night I sat down and watched that Talker Carlson
• 56:09
  interview with the, I think his name is Matt Benz.
• 56:11
  And man, we've been saying this for a while and he just dropped
• 56:16
  the receipts on that whole thing last night of the media
• 56:18
  corruption and, you know, social media platform corruption and
• 56:23
  controlling the narrative and the fact that the Internet has
• 56:26
  disintermediated information and how they just were hopefully
• 56:31
  unprepared for the boom of Internet and social media.
• 56:35
  And it just goes to show that we are really ahead of the vanguard
• 56:38
  here as Bitcoiners, as. As users of social media, as
• 56:42
  users of Noster and, you know, Telegram and Signal and all the
• 56:47
  stuff we talk about constantly that peer-to-peer communication,
• 56:52
  peer-to-peer money. Like you're so ahead of the game
• 56:55
  that that is why everyone thinks we're crazy is because when
• 56:58
  you're that far ahead, everyone's like yo, you guys are
• 57:01
  like you guys are in like a sci-fi future.
• 57:04
  And I forget that the normie is still like stuck in the Fiat
• 57:08
  mindset. They're still stuck in the Fiat
• 57:10
  operating system and they don't understand that there is a
• 57:13
  solution, that there is an exit route.
• 57:15
  And This is why all of us bitcoiners realize the
• 57:18
  importance of trying to incept these ideas and educate people
• 57:23
  in Bitcoin. Because again I was even ranting
• 57:25
  with Nico this morning. We just got on the call and
• 57:27
  we're talking about, you know, what we're doing here at Simply
• 57:30
  and how we can improve and and whether we're actually be doing
• 57:32
  something of value. And we realize that there is
• 57:36
  just such a long road ahead because so few people really
• 57:40
  understand what is going on. They they really miss the trees
• 57:45
  or miss the forest for the trees that they're they're
• 57:47
  sleepwalking right now. And you guys have the tools.
• 57:51
  We have the tools. Everyone's been talking about
• 57:54
  the problems and people are addicted to talking about the
• 57:57
  problems. Yet only bitcoiners are the ones
• 57:59
  talking about the solution. And it's very simple.
• 58:01
  Saving Bitcoin, stack Bitcoin, take Bitcoin into self custody,
• 58:04
  and then continue to propagate the meme.
• 58:06
  Some more people understand what is at stakes.
• 58:09
  This is what we're all doing here.
• 58:11
  You guys are frontline soldiers in the mimetic war that we find
• 58:14
  ourselves in. Yeah, dude, Bars, bars,
• 58:18
  absolutely. Yeah.
• 58:23
  And it's, you know, it's a disintermediation of of
• 58:26
  information and money. It's all happening at the same
• 58:28
  time. And governments are just
• 58:30
  unprepared. Like they're not, they're not
• 58:31
  prepared for unapproved sources building their own platforms and
• 58:35
  having their own ideas. And it's crazy to say that,
• 58:39
  like, even in the US, like you'd you would think in the US, you
• 58:42
  know, out of all countries, you know, the press would be free,
• 58:45
  the press wouldn't be compromised.
• 58:46
  But I think over the last five years, what it's really shown is
• 58:50
  it's like, are they really journalists or are they
• 58:52
  propagandists, 'cause they sound like propagandists to me, maybe.
• 58:55
  I might be a little biased, but sure feels like that when I see
• 58:59
  them attack, you know, tiny country of El Salvador because
• 59:04
  they want to get their shit together.
• 59:06
  Like, who are you? BBC?
• 59:07
  Like you know, who are you to say that?
• 59:09
  Anyways, I do want to give a shout out to our sponsor Kevin
• 59:13
  Max. They are the most trusted place
• 59:14
  to buy, sell and host mining equipment.
• 59:17
  You could check out their racks by scanning the QR code on your
• 59:19
  screen. It'll take you directly to their
• 59:21
  Telegram marketplace where you can connect with the member of
• 59:23
  their sales team. They make purchasing their
• 59:26
  products easy and transparent. You could also sell your mining
• 59:29
  equipment with them access their vast network of domestic and
• 59:32
  international customers. When you sell your mining
• 59:35
  equipment with kaboom racks, what are you waiting for?
• 59:37
  Check out kaboom racks today. Again, scan the QR code or check
• 59:40
  the link in the video description.
• 59:42
  All right, everybody, let's get to the culture.
• 59:46
  The Daily Culture. All right ladies and gentlemen,
• 59:55
  I also want to give a shout out to our sponsor, Bitcoin
• 59:57
  Evangelism Planting Seeds for Decentralized Revolution We have
• 1:00:00
  10 Million People to Orange Pill.
• 1:00:01
  Bitcoin Evangelism by Brian de Mint is an absolute beast of a
• 1:00:05
  resource for orange billing. No coiners and all corners like
• 1:00:08
  this is a book for bitcoiners who know Bitcoin but have a hard
• 1:00:11
  time explaining it to their friends.
• 1:00:13
  It's a book for bitcoiners who are trying to explain Bitcoin
• 1:00:16
  only to all coiners. You can scan the QR code.
• 1:00:19
  Go directly to Amazon get yourself a copy.
• 1:00:22
  This is the tool that you want to arm yourself with if you have
• 1:00:24
  that stubborn uncle, aunt, brother, mother, father, et
• 1:00:27
  cetera et cetera that they just they just still don't believe
• 1:00:30
  you yet they're for some reason they're still listening to Peter
• 1:00:33
  Schiff. Anyways let's get to let's get
• 1:00:36
  to the the having party, which Octi and I are are we will be
• 1:00:40
  there, we're very. Good.
• 1:00:43
  Let's go. OK.
• 1:00:45
  Well, Big Sean Harris, the one and only you kind of touched on
• 1:00:49
  it in the beginning, but let's let's kind of go with like what
• 1:00:53
  sparked the idea to do the Bitcoin having party and what is
• 1:00:57
  the audience gonna gonna experience when they get down
• 1:01:02
  there? Perfect.
• 1:01:04
  Perfect. Yeah, you know what sparked the
• 1:01:06
  the Bitcoin having party for me was just my first having was in
• 1:01:09
  2020 and I was getting really excited.
• 1:01:12
  I started buying Bitcoin in 2019.
• 1:01:15
  I was studying it all the way from 2017.
• 1:01:18
  Two years later, I finally decided to buy.
• 1:01:21
  And I was very excited for the halving because to me that was
• 1:01:25
  like, oh, the last two halvings. Bitcoin just exploded in price.
• 1:01:29
  And that's what I thought was going to happen.
• 1:01:31
  And it did happen. And then 2020 rolled around and
• 1:01:35
  it was the lamest thing that we've ever seen.
• 1:01:38
  It was pomp on YouTube cracking a beer.
• 1:01:41
  Like I said before, like that's what I did for the halving in
• 1:01:44
  2020, and it sucked. And so since that moment, I was
• 1:01:49
  like, we should do this, like we should do some type of
• 1:01:52
  celebration. Then it just worked out
• 1:01:56
  perfectly when El Salvador made Bitcoin legal tender because
• 1:01:59
  then it was like, now we have a place to do the having.
• 1:02:03
  And I've known so many people that have wanted to go down
• 1:02:06
  there that want to have an excuse to go down there.
• 1:02:08
  And it's been great. You know, there's been we've had
• 1:02:11
  right now we have almost 400 people that are coming to the
• 1:02:14
  having party from all over the world.
• 1:02:16
  I was just talking to a lady last night her family's coming
• 1:02:19
  from Australia to the having party and she was just like, you
• 1:02:23
  know we're so thankful that you you finally like we're getting
• 1:02:27
  to El Salvador. And the reason we're getting
• 1:02:29
  there is because of the having party.
• 1:02:31
  And it just makes me really happy because I remember when I
• 1:02:34
  first, when we first went after this, I was a little scared
• 1:02:37
  because, you know, I put down about, you know, I was putting
• 1:02:40
  down some down payments and getting things ready.
• 1:02:42
  And I was like, I don't know if I'm ever going to see this back.
• 1:02:45
  And it's been really cool to just see that if if you have a
• 1:02:49
  goal, we can, we can go out there and make it happen.
• 1:02:52
  And there's a lot of people that are going to come down.
• 1:02:54
  So what to expect? We're going to have just a
• 1:02:57
  blast. We're going to an all inclusive
• 1:02:58
  resort. We're going to have the hardest
• 1:03:00
  working men in Bitcoin, which is the simply Bitcoin crew right
• 1:03:03
  here. Nikku and Opti are going to be
• 1:03:05
  here. They're going to be there.
• 1:03:07
  And in my opinion, they're the hardest working men in Bitcoin.
• 1:03:09
  We're trying. I'm trying to catch up to them
• 1:03:12
  and and so they're going to be there.
• 1:03:15
  We're going to have a lot of good guests down there.
• 1:03:17
  Obviously Max and Stacy are going to be there.
• 1:03:19
  You know Preston Pish and Layer the part and a lot of good
• 1:03:22
  people. You can see him right here.
• 1:03:24
  Anders is going to be doing a toxic happy hour panel and
• 1:03:29
  there's just a lot of good people that are going to be down
• 1:03:30
  there to to celebrate, you know, Miss El Salvador, Mike Peterson
• 1:03:35
  from Bitcoin Beach Tone Vase is going to be doing a poker night.
• 1:03:39
  So it's just going to be a time for bitcoiners to get together
• 1:03:43
  to meet in Bitcoin country. And we will have some speakers.
• 1:03:48
  If you want to learn about Bitcoin, if you want to learn
• 1:03:50
  about the having, if you want to learn how to self custody, BTC
• 1:03:53
  Sessions is going to be there. There's going to be a lot of
• 1:03:56
  good people there to teach you about Bitcoin.
• 1:03:59
  But most importantly, when you go to a conference or you go to
• 1:04:02
  an event that's based on Bitcoin, the best thing is you
• 1:04:05
  get to meet your fellow Bitcoiners and you get to talk
• 1:04:07
  with them and understand a little bit more about their
• 1:04:10
  perspective. And you get to and you get to
• 1:04:12
  move out of that rat race life of when everyone's talking
• 1:04:17
  about, you know, current politics or the current whatever
• 1:04:21
  the normie topic is. And you get to go deeper into
• 1:04:24
  Bitcoin topics. And that's what's going to be
• 1:04:26
  for three days. So we're really excited to to
• 1:04:30
  host this and I see Elaine's comment, Elaine, we'll see you
• 1:04:34
  in 2028, but for everybody else we'll be seeing you in 2024 at
• 1:04:38
  the having party in El Salvador. And don't forget it's promo
• 1:04:42
  code. Simply that'll get you 10% off
• 1:04:45
  on your tickets if you use promo code.
• 1:04:47
  Simply our prices do go up at the end of this month, so buy
• 1:04:50
  them now. And remember, it's the promo
• 1:04:52
  code on the second page, not the first page.
• 1:04:55
  So a lot of people get mixed up. If you go to our to
• 1:04:58
  bitcoinhavingparty.com, all you got to do is, you know, get
• 1:05:02
  tickets and then click in dollars, pay in dollars, select
• 1:05:05
  your ticket amount and it'll take you to the next next page
• 1:05:08
  and that's where you put the promo code for simply in and
• 1:05:12
  that'll get you a 10% off. So come on down.
• 1:05:15
  This is the event. If you know this is what I say
• 1:05:18
  to everyone. If you wanted to get to El
• 1:05:20
  Salvador and you haven't gotten there yet, this is your chance
• 1:05:24
  to come to Bitcoin country. This is the time to do it.
• 1:05:28
  There's no better time than right now because this is when
• 1:05:30
  everyone else is coming and we are providing an awesome event
• 1:05:35
  and I am personally excited because I'm making the event fun
• 1:05:39
  for me and and I can't wait to meet everybody and to just have
• 1:05:43
  a great time. Wait, Sean, I feel a little bit
• 1:05:46
  rug pulled here because when you first pitched me on the Bitcoin
• 1:05:51
  having party, you told me it was a party and not a conference.
• 1:05:55
  And yet there's speakers. What's going on here?
• 1:05:58
  Yeah, you're right. It is.
• 1:05:59
  It is a party. It's not a conference.
• 1:06:01
  But what else are we gonna do? We're bitcoiners.
• 1:06:04
  We love talking about Bitcoin. We love talking about it and so.
• 1:06:08
  The difference is that you have to fucking force all the
• 1:06:11
  speakers just to take like 10 shots.
• 1:06:13
  Before they like like it's gonna be, it's gonna be a lot less you
• 1:06:18
  know formal right. And that's that's how we.
• 1:06:20
  It's like the regular panel's just like, really fucked up like
• 1:06:24
  that shit would. Be every every panel is a toxic
• 1:06:26
  happy hour. Got it.
• 1:06:28
  Oh man, that's. Hilarious, running three times a
• 1:06:30
  day. That's hilarious.
• 1:06:32
  All right, Well, Sean, I do have this video that Rope told me
• 1:06:37
  that that's a little trailer, but also drop.
• 1:06:39
  When is these dates so that the audio viewers listeners can?
• 1:06:44
  April. We're running April 3rd through
• 1:06:46
  the 5th. So this April through through
• 1:06:48
  through the 5th, if you don't have a passport yet, you don't
• 1:06:50
  have to worry, you can still get one expedited.
• 1:06:52
  My brother just got a got his passport.
• 1:06:55
  He got it in three weeks. Got it expedited, So don't worry
• 1:06:59
  if you if you haven't had your passport yet and you want to
• 1:07:00
  come, there's still plenty of time to to get your tickets.
• 1:07:03
  Get your passport. Come on down.
• 1:07:05
  Beautiful. Beautiful.
• 1:07:06
  All right. All right.
• 1:07:07
  Let's play a little bit of this little trailer from our boy rope
• 1:07:10
  and then we can we can wrap this one up.
• 1:07:20
  Oh wow. Very pretty.
• 1:07:46
  I'm pretty sure this, but yeah. Yeah, let me let me mute this.
• 1:07:50
  Let me mute the audio. And.
• 1:07:52
  Then and then, yeah, we'll play let's.
• 1:07:54
  Do you want to sing over it? No, no, no, no.
• 1:07:57
  I actually, I actually want to ask Sean one more question
• 1:08:00
  because I noticed that this isn't in Elzante.
• 1:08:03
  So how close is this to Bitcoin Beach?
• 1:08:06
  Correct. So, so you've been to Elzante
• 1:08:08
  and you cannot fit 400 people in Elzante.
• 1:08:14
  It's way too small to do that. But it's about an hour down the
• 1:08:17
  coast from Elzante. So it's it's still right as you
• 1:08:21
  can see it's right on the beach and there's these, there's nice
• 1:08:26
  pools, there's four different restaurants, there's two
• 1:08:28
  cafeterias that do buffet style food.
• 1:08:31
  Will yellow be there? Yellow will be.
• 1:08:37
  There in a puppet St. hopefully. In a puppet.
• 1:08:40
  I don't want to see him in real life.
• 1:08:41
  You're going. To meet you're going to meet
• 1:08:44
  Yellow. You will meet Yellow.
• 1:08:45
  His ticket is bought, his flight is bought, and he is coming.
• 1:08:49
  So. OK, Yellow is coming that I'm
• 1:08:52
  really excited for that. Does that say steakhouse?
• 1:08:55
  Oh man. Yes, yeah, there is a
• 1:08:56
  steakhouse. There is a steak.
• 1:08:57
  That's one of the restaurants. That's where that looks
• 1:08:59
  delicious. Yeah, yeah, they got ceviche.
• 1:09:02
  They got desserts. They we're gonna have pupusas,
• 1:09:05
  barbecues, they got cultural shows and rope and yellow are
• 1:09:11
  gonna fall in love. Oh man, no meant to be meant to
• 1:09:15
  be guys. You can use promo code simply to
• 1:09:18
  get yourself a discount to the having party.
• 1:09:21
  Go to object you pull it up, go to bitcoinhavingparty.com and
• 1:09:27
  then in the check out on the second page you can use promo
• 1:09:30
  code. Simply get yourself a discount
• 1:09:33
  opting. I will be there.
• 1:09:34
  Hope to see you guys there. It's gonna be a big celebration
• 1:09:37
  celebrating bitcoins, what it's like 4th halving, third halving,
• 1:09:42
  3rd or 4th halving. 4th halving with epoch.
• 1:09:46
  Let's epoch so. It's a, it's.
• 1:09:48
  A new it's a new it's a new day in Bitcoin.
• 1:09:51
  Hopefully this is gonna make the price moon and.
• 1:09:55
  I'm really freaking. Wait, Nico, before we fully wrap
• 1:09:57
  this up, because Sean, I have one of my favorite, one of my
• 1:10:00
  favorite people. He's got that winner's
• 1:10:02
  mentality. I I just love where his head's
• 1:10:04
  at. You know, ex pro basketball
• 1:10:06
  player, he knows how to win in life.
• 1:10:08
  So I want to give you the opportunity to just drop the
• 1:10:11
  last two sets on our audience. It could be about the having
• 1:10:14
  party. It could be about life in
• 1:10:15
  general, it could be about Bitcoin.
• 1:10:16
  What's the last message you want to leave with the audience?
• 1:10:20
  My, my last message is, thank you by the way, is when is if
• 1:10:27
  you want to build something on Bitcoin, you don't have to be a
• 1:10:30
  developer to build something on Bitcoin.
• 1:10:32
  And I'm proof of it. I'm a basketball player and I'm
• 1:10:36
  able to build something called the having party on top of
• 1:10:38
  Bitcoin. And so I think that was one
• 1:10:40
  thing that I was worried about when I've seen what Bitcoin can
• 1:10:44
  do, and I want to be a part of this revolution, and I felt like
• 1:10:48
  I couldn't be because I don't know how to code.
• 1:10:51
  And and I just made the jump. I had an idea and I have the
• 1:10:55
  Mean factory with me. And I couldn't have done this
• 1:10:58
  with, you know, this is not just me, This is the mean factory,
• 1:11:01
  that we're doing it together. We have an amazing sponsor, by
• 1:11:04
  the way, named Amber App that's really helping us out.
• 1:11:07
  But more than anything, if you want to go after your goals and
• 1:11:11
  you want to build something on Bitcoin, I mean, look at Nikko
• 1:11:13
  and Opti. They're doing something amazing
• 1:11:15
  right now with simply Bitcoin. They're not developers either.
• 1:11:19
  And so if you feel like you have an idea, you want to make a
• 1:11:22
  difference, you want to do your part in Bitcoin, go after it.
• 1:11:25
  You can get it done. It's scary at first, but believe
• 1:11:29
  me, the right people will pop up along the way to help you along.
• 1:11:32
  And you can always reach out to me.
• 1:11:34
  You can reach out to these guys, and if we can help connect you
• 1:11:37
  to the right people in Bitcoin, we will.
• 1:11:39
  And there's always new things to be built, because this is gonna
• 1:11:43
  be the bedrock of our financial world in the future, and
• 1:11:46
  everything will have to be built on it, just like everything's
• 1:11:49
  built on the Internet right now. Everything will be built on top
• 1:11:52
  of Bitcoin. So get started.
• 1:11:54
  We need more things that are built on Bitcoin.
• 1:11:56
  Amen to that man that was. Beautifully said.
• 1:11:59
  I completely agree. That is, that's what Opti was
• 1:12:02
  referencing. The winner's mentality.
• 1:12:04
  Yeah man, you you got to think that way.
• 1:12:06
  You got to think that way. You.
• 1:12:08
  Know, let me cut you off real quick.
• 1:12:10
  We were literally talking about this exact thing this morning.
• 1:12:13
  We're like, man, are we are we doing anything of value here?
• 1:12:16
  We're just like, yeah, look backwards and then look where
• 1:12:19
  we're going and just enjoy the moment.
• 1:12:22
  It's it's it's weird because like you know, like we are happy
• 1:12:26
  be getting a hundred a hundred live viewers last year and then
• 1:12:30
  you know this year we're like 5-6 hundred and we're like oh
• 1:12:34
  OK, you know, and it's it's just it's crazy how that kind of
• 1:12:38
  happens. But I'll tell you this guys,
• 1:12:40
  it's my seventh year in Bitcoin. It's gonna be the fourth years
• 1:12:43
  of simply Bitcoin dreams come true.
• 1:12:45
  You just have to work really fucking hard and it's gonna be
• 1:12:50
  extremely painful and you're gonna have a lot of moments
• 1:12:54
  where you completely doubt yourself.
• 1:12:56
  I also wanna give a shout out to the rest of the Simply Bitcoin
• 1:13:00
  crew, cuz this wouldn't be possible without them.
• 1:13:02
  So of course, Winekiss Ruston, John Sartak Ani Jack's, Jack's.
• 1:13:11
  Yeah, Sophie, Morpheus, Sophie. Wait, Sophie might be the
• 1:13:15
  biggest unsung hero because she's got to deal with Nico
• 1:13:17
  every day, So. She's the best place.
• 1:13:22
  The numbers. So she does.
• 1:13:24
  So. So yeah, so you know, it
• 1:13:26
  wouldn't be possible about the rest of the Simply Bitcoin crew.
• 1:13:29
  Really. We have this amazing team.
• 1:13:30
  We're blessed. But yeah, if you guys have a
• 1:13:32
  dream or something, you want to contribute to Bitcoin, attack
• 1:13:35
  it. I had no experience in media
• 1:13:37
  whatsoever and it completely opened the doors for me just
• 1:13:41
  starting this journey And then I'm, I'm, I'm assuming Sean, you
• 1:13:45
  had no experience kind of throwing events.
• 1:13:47
  No, so. I'm assuming you learned a lot
• 1:13:49
  of things along the way and you'll refine it for next time.
• 1:13:53
  So yeah, it's it's, you know, it's funny how life works like
• 1:13:57
  that, but we're incredibly excited.
• 1:13:58
  Simply Bitcoin will be at the having party.
• 1:14:01
  I believe we will have a panel as well.
• 1:14:03
  We're going to have like a simply Bitcoin live Winekiss is
• 1:14:06
  going to join us on stage. It's going to be great and it's
• 1:14:09
  going to be a lot of fun. So guys, use promo code.
• 1:14:11
  Simply go to the website bitcoinhavingparty.com and we
• 1:14:16
  love you all. Thank you guys so much for
• 1:14:17
  tuning in. We'll see you tomorrow for
• 1:14:19
  another episode of Simply Bitcoin Live.
• 1:14:23
  Today's episode was brought to you by bitcoinwell.com, a
• 1:14:26
  Bitcoin only platform on a mission to enable financial
• 1:14:29
  independence.