Latest / Simply Bitcoin / Did BlackRock JUST LOSE CONTROL of Bitcoins price?! | EP 1418

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Did BlackRock JUST LOSE CONTROL of Bitcoins price?! | EP 1418 · Simply Bitcoin

0:01
Bitcoin just pumped to $97,000 and everyone is wondering the
0:07
same thing. Are we back or is this a dead
0:12
cat bounce? We saw massive inflows into the
0:15
ETFs yesterday but BlackRock is no longer dominating the ETF
0:20
race. So did BlackRock just lose
0:23
control of Bitcoins price and have we finally seen the
0:28
beginning of the parabolic Bitcoin bull run?
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Obviously no one knows. We really don't know.
0:34
I, I think this is a timing thing.
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I think within a month we will have a lot more clarity of where
0:39
we are though. I see everyone in the chat,
0:41
they're like, if we get to 100K by today, then we might, we
0:45
might know a lot sooner than a month, but I think within a
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month we're going to definitively know where we are
0:51
in the price action of Bitcoin. As I've been saying, I think
0:55
we're going to go sideways and start to break up.
0:57
It's happening as we speak. It's happening exactly as I
1:00
said. And yet I show Nico this and
1:03
he's like bro, dead cat bounce. So these are the these are the
1:06
two sides of the same coin right now.
1:08
Anyway, let's go into the source material today, which is very
1:13
interesting. Remember, whether we like it or
1:16
not, you got to be watching the ETF inflows because it is
1:20
telling us what is going on on the institutional level.
1:24
Obviously the ETF inflows don't necessarily mean that BlackRock
1:28
or JP Morgan or Wells Fargo or any of these big banks and
1:33
institutions asset managers are buying Bitcoin themselves, But
1:37
it is telling you the appetite of the quote retail
1:41
institutional investor. If they're piling into the ETFs,
1:45
then obviously they think there is a long term bullish view of
1:49
Bitcoin and further maybe even a short term bullish take on
1:52
Bitcoin. So first chart here is the last
1:56
ETF inflows for about two weeks. Can see it's been extremely
2:01
volatile ever since the October 10th crash, things have kind of
2:05
cooled off. We've seen a lot of outflows.
2:08
But yesterday we saw the largest inflow since about November, I
2:13
believe it is. And I think this is telling you
2:16
a lot about sentiment coming from the institutions.
2:19
Again, you got to compare that to the Bitcoin sentiment right
2:24
now on Twitter or even in the chat or even on the show, me and
2:28
Nico are split on what Bitcoin is currently doing.
2:32
We obviously have no clue. We're still kind of using old
2:35
paradigm thinking to explain where we are.
2:37
Though from my perspective, I'm my old kind of pattern
2:42
recognition is starting from when the ETF started.
2:45
I think that fundamentally changed things.
2:47
So we really have no clue. But the fact that the ETF
2:51
inflows are picking up, I think is a bullish signal.
2:55
Remember, there may be a lot of us here, Bitcoiners, we are
2:58
probably all out of Fiat. They're the ones with real
3:01
capital, real deep pockets, and they seem to have an appetite
3:05
for Bitcoin. So going into this a little
3:07
further, I'm over here on Yahoo News and here's the headline.
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Bitcoin ETF see biggest inflow in three months after reversal
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outflows. They're linking this to the
3:16
Trump terrorist decision. I saw they were supposed to
3:20
happen a few times this week. I didn't double check this
3:24
whether we're getting them today or if they got delayed again.
3:28
But apparently the Supreme Court is is going to it's going to
3:31
happen at some point this week. I think it's supposed to happen
3:33
today, but I didn't check before I went live whether that got
3:36
delayed more. But I don't necessarily think
3:39
that that is the reason for Bitcoin to pump.
3:41
As always when you're in Bitcoin, you're always looking
3:45
for a catalyst. You're always looking for some
3:47
kind of news story, some kind of headline to explain why the
3:50
Bitcoin price is moving, whether they're up or down.
3:53
And I think this is kind of what we're seeing here.
3:55
But going into this again, US Bitcoin ETFs recorded $750
3:59
million in inflows, almost a billion dollars of inflows.
4:02
It's it's a significant number. And then of course, Bitcoin
4:06
jumped over 95 K. We're currently around 97 K.
4:09
So it looks like the volatility is back in.
4:12
It looks like there's some life back in the market, though
4:15
depending on your perspective, you could argue maybe this is,
4:19
you know, the last pump before it really dumped, which I'm not
4:23
really on that on that boat though looking into dead cat
4:27
bounce moves. Not going to lie it it could be
4:30
the gates though I'm bullish. Anyways, the real interesting
4:34
aspect of this article, or rather about the ETF inflows is
4:39
who is leading this, which I think might be telling us some
4:43
things. OK, So the Fidelity F bit LED
4:48
this charge of $750 million in Bitcoin ETF inflows with 351
4:54
million inflows themselves, followed by Bitwise's Bit B ETF.
5:00
And then in third was the BlackRock I bit with 126
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million. So I repeat Fidelity's ETF 351,
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Bitwise's ETF 159,000,000 and then Blackrock's I bit with 126
5:14
million. Now if you aren't totally well
5:16
versed in the Bitcoin kind of lore, if you're not on Bitcoin
5:20
Twitter as much as I am or for everyone in the chat, these
5:24
names might not really be registering what this means or
5:28
at least what this means to me. Fidelity's number one, at least
5:32
yesterday and and also the mechanics of the ETF from what I
5:35
remember, it's it's basically like a + 1 filing.
5:42
So even though we got these numbers and the date is
5:45
attributed to January 13th, I think these inflows are on a + 1
5:51
delay for the most part, which means these are probably
5:53
Monday's inflows that we're covering right now.
5:56
But it the point remains the same.
5:58
We are finally seeing the ETF inflows recover versus what
6:03
we've been seeing the last couple of weeks, which is we've
6:05
seen a lot of outflows. I've been the BlackRock ETF,
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they've been selling millions or other customers have been kind
6:11
of dropping off coins right now. I think it's because of this
6:14
four year cycle concern. But again, remember the names
6:17
top three right now. So as of yesterday and just on
6:20
yesterday's filing is Fidelity Bitwise and BlackRock.
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Now why am I making the point to rename and reiterate these three
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banks Oregon 3 asset managers, ETF holders so directly is
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because as I've been covering on the show for the last couple of
6:37
weeks, Fidelity and Bitwise are both extremely bullish on multi
6:43
decade Bitcoin runs. They've been adamant about this
6:47
idea that the four year cycle was is dead.
6:49
There's been a Fidelity chart going around essentially saying
6:51
4 year cycle is over. They're on corporate television,
6:54
you know, on the corporate press, the news channels
6:57
basically saying the four year cycle meme has been overstated.
7:01
That's not what they're seeing because of the institutions,
7:04
because of the regulatory kind of over change we're seeing,
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which I will cover. We do have some some updates on
7:10
this on later in the show. And then Bitwise also said the
7:15
same thing Matt Hogan has been saying for the last actually
7:19
since Q4 of last year, saying from their perspective, the four
7:24
year cycle is over, the four year cycle is dead.
7:28
Now, could this be just because Fidelity and Bitwise are
7:33
probably talking to their customers and saying, look, you
7:37
should be buying right now. The four year cycle is done.
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It's been overstated. This bear market's been
7:42
overstated. I think we're consolidating and
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we're going to make our next move up.
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You could obviously say that, yeah, it's just because Fidelity
7:50
and Bitwise are out there showing Bitcoin to their
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customers. This is why they're beating the
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the ETF inflows. BlackRock has been pretty quiet
7:58
in regards to the four year cycle where they think the price
8:01
is going, though of course Larry Fink has been very adamant in
8:05
saying, hey, it could go to 700 K overnight.
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So what we saw, if this continues, then it really leads
8:13
into what I've been telling you the last couple of days, which
8:17
is in my opinion, it seems like the four year cycle meme, the
8:21
four year cycle rhetoric is a self fulfilling prophecy.
8:25
If enough people currently believe the four year cycle is
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going to happen, then it's going to happen.
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On the flip side, if enough capital comes in, it could
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completely reverse this idea of the four year cycle.
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Though from my perspective, I think the four year cycle is
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broken. Leaning on 2 very important
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metrics in my opinion. All time high before the
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halving. And then of course we didn't see
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a parabolic green year in 2025. The three green years, one red.
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I think it's completely over. Though there is still the fact
8:55
that Bitcoin did hit new all time high 18 months out of the
8:58
halving. That one metric is still in
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place. So if you're, you know, tallying
9:03
up the charts, while one of the three metrics kind of held on,
9:06
so maybe that means the four year cycle's still in play.
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I'm on the opposite. I'm like 2 of the three metrics
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didn't hold. Therefore, the four year cycle
9:14
is over plus all of the macro factors right now, plus the
9:20
midterms. I think we're going to see the
9:23
money printers get turned on into OverDrive.
9:25
And I do have an interesting clip from Trump that came out
9:28
yesterday and he said that much essentially you need to hold
9:31
assets. So I'm seeing all these factors
9:34
now. I'm thinking the same as
9:36
Fidelity and Bitwise. I think the four year cycle is
9:39
over, but I do have a new clip from Bitwise.
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They're talking about the four year cycle.
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So I'm going to play that right now for you guys.
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They're going to lay out the case and then I'll chat about a
9:49
little more and and I'll I'll do a live price update.
9:53
Yeah. So bitcoins historically
9:54
operated in four year cycles with three strong years in one
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down year. And a lot of Bitcoin analysts
10:00
expected 2026 to be another fourth during that cycle and it
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to be a down year. We released our predictions at
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Bitwise the end of last year and we actually forecast 2026 will
10:10
be a positive year for Bitcoin. We think that there's multi year
10:13
tailwinds and catalysts that drive Bitcoin higher this year,
10:16
next year and over the next decade.
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Those things include institutional option, which
10:22
first and foremost is the largest driver of Bitcoin's
10:25
price rally. If you look back to when ETFs
10:28
launched back in January 2024, Bitcoin was trading around 35 or
10:32
40,000. Today it trades around 90,000.
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And that's a function of institutional investors stepping
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into the space and having so much buying power at their hands
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and allocating to Bitcoin. 1235 percent of their portfolio is
10:47
now being allocated to Bitcoin, and we think that's just the
10:50
gun. I agree with this.
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I think 2025, I've said this multiple times since towards the
10:58
end of the year, that when you look back on 2025, it's very
11:03
obviously, at least to me, pointing to the idea that it's
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the first official year that all the institutions could get into
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Bitcoin. And what did they do?
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They tried to get a good positioning.
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They launch all their products at essentially the 80K bottom.
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If it holds up, If when we look back at the end of this year, we
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look back at the 80K kind of October 10th dump, we're going
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to look back and be like, it was so obvious that Wall Street got
11:31
into Bitcoin. They played a lot of games with
11:33
the price to kind of do a short term price suppression.
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They launch their products at the exact bottom and then it
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starts ripping. Like to me, that just logically
11:42
makes sense. And I think 2026 is going to be
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the year that we see these institutions move into Bitcoin
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in bulk again. They've probably just barely
11:53
dipped their toe into Bitcoin and you can see how big of a
11:56
splash they made in the industry.
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And I think this is kind of a greater trend that we're going
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to see retail bitcoiners. And I'm I'm locking bitcoiners
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into retail right now. Us plebs out here, us everyday
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bitcoiners, the the crypt crypto degens are no longer in control
12:16
of the Bitcoin price. As all of the statements we've
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been hearing from these institutions from Wall Street
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have been saying, it's like, yeah, we love Bitcoin.
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Bitcoin's not going away. Blockchain all the things,
12:25
tokenize all the things, bro. The only thing wrong is the
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leverage markets. The leverage markets are
12:30
controlling the Bitcoin price. And what have they been doing?
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They've been eating everyone's lunch, clearing the leverage,
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barting it, taking Long's money, taking shorts money.
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And now it seems like either paper Bitcoin the year is
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finally over or the fact that Fidelity and Bitwise are
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starting to lead the ATF inflows and they're institutionally
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bullish and they're dwarfing BlackRock right now.
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I think we're starting to see a battle play out from the
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institutions. Maybe BlackRock has been
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suppression the price. Maybe BlackRock has been trying
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to build a larger position until something breaks.
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And this could be the something breaks moment.
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That's kind of where I'm at right now.
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I don't want to say I'm bullish because every time I say I'm
13:16
extremely bullish, the price starts dumping.
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And since I'm going to pull up the price right now, I, I'm, I'm
13:21
tentatively feeling OK. Here's a daily chart again.
13:26
I've been looking at the daily, you know, the weekly not so hot,
13:29
but we're, we're not necessarily going to do some TA though.
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I, I know you guys love the TA. I will do a little TA on here.
13:37
You know, it's, it's actually looking bullish today.
13:40
The weekly is looking bullish. And my biggest thing is this is
13:44
what I'm seeing here. I think these areas are very
13:48
similar. And so this is kind of what I'm
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looking at. Ever since 2024, the
13:56
institutions change the game and we've seen the Bitcoin price do
14:00
something similar multiple Times Now.
14:02
You could lay your hat on the cycles, we have 3 cycles or you
14:07
lay your head on these three data points.
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It's it's about the same thing. We don't have that one to data
14:12
yet. Only time will give us enough
14:14
data. But when I look at what's going
14:16
on, it does kind of look exactly what happened in March, April of
14:22
last year. You know, we get a dump, we
14:24
consolidate, we can kind of get a little bigger dump and then we
14:27
finally again hit the 50 day moving average and we make a
14:32
solid move up. It's playing out exactly the
14:36
same right now. Again, obviously I don't have
14:39
much data. I'm speculating.
14:41
I'm betting that this is what's going on.
14:44
That's kind of my view of the current price action right now.
14:47
I do steal and see, hey, we took this level that I've been
14:51
talking about for a while, 94 K. The next real big level is going
14:56
to be that 100K 100 ish one O 2. Maybe you could say one O 7
15:03
range. Until we break that range, it
15:06
could potentially be dead cat bounce guys.
15:08
OK, I was trolling this morning with Luke.
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I'm like, do I just go on and be extremely bullish on the show?
15:14
And I just, you know, lead lead the chat to the metaphorical
15:19
slaughter here. No, I and what I'm seeing is it
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we're seeing a reversal. We're currently seeing a
15:27
reversal, though a dead cat bounce is it is in play.
15:32
And the only reason I say that Niko was trolling me 'cause I, I
15:36
actually did. I don't know if you guys saw
15:38
that Trump meme where he's like flipping off someone.
15:42
So I did a tweet. I'm like 4 year cycle was dead.
15:44
I flipped everyone off and Niko's like wrong.
15:45
And then I flipped them off again and then he trolled me
15:48
about the dead cat bounce. He's like, dude, it's a dead cat
15:51
bounce. And so this morning, you know, I
15:53
do a little, I do AI do a little research.
15:56
I I wouldn't really call it research, but typical dead cat
16:02
bounce. You know, it's not it's not too
16:07
too wrong. You could, you know, depending
16:09
on your perspective, you could say, oh, it's not loading on me.
16:12
You could say dead cat bounce. It could be in play.
16:15
I mean, just depends on your perspective.
16:19
I choose to be bullish. I choose to see the silver
16:22
lining. I think we're going up higher.
16:24
But again, we could bounce up to 100K and then we could drop back
16:29
down. So until we break 100K and I'll
16:32
give it about a month or so, it could be today, it could be this
16:36
week. I think from a a month from now,
16:39
we will very definitively know where we currently are in the
16:42
market. That's I think the kind of big
16:45
take away though To add to this, this is an interesting headline.
16:51
It's not necessarily about the ETF inflows, but it is coming
16:57
from a legendary institutional investor.
17:00
And further, it is fundamentally breaking the premises of
17:05
institutions. And I think they're seeing this
17:07
data currently. And obviously I'm overstating
17:11
things. They're, they're probably not
17:12
really caring about this data, but I said it when Sailor was
17:16
doing really well. If you are, you know, huge
17:20
institution, corporation and you're looking at what Sailor
17:23
did, maybe not right now 'cause he's kind of in a bear market.
17:26
But if you saw Sailor's gain since he took on the Bitcoin
17:30
position, it's very hard to see that and not start to FOMO and
17:35
not see the benefit of what he's doing.
17:38
Even if you fight Bitcoin, even if you think it's digital, you
17:40
know, toys or pet rocks or index of money laundering or whatever,
17:45
whatever they say about it, it's hard to look at the hard data
17:49
and not at the very least think about should I add Bitcoin to my
17:55
balance sheet. Now, that's not what this
17:57
headline is saying, but it is without a doubt showing us that
18:01
the traditional 6040 portfolio is just getting cooked right
18:05
now. So I saw this morning, I wasn't
18:08
really sure if I should cover this in this segment or
18:10
somewhere else, but I think it fits in here because of this
18:13
whole institutional talk. And I think this might be what
18:17
people are seeing and starting to invest a little heavier in
18:22
Bitcoin. Obviously we're still at the 1
18:24
to 4% though, as our boy Brian said yesterday, that's kind of
18:28
just their conservative cover our ass numbers.
18:31
If you hear invest 1 to 5%, you're probably like, well, why
18:35
don't I do more? They're like, yeah, well, you
18:38
probably should, but I'm just here to protect myself.
18:40
I'm here for the liability anyways.
18:42
The Bitcoin and gold allocation outperforms traditional
18:46
portfolios, backing Ray Dalio's 50% hedge thesis, Bitwise fines.
18:52
So Bitwise analysts found portfolios holding a 15%
18:56
combined allocation to Bitcoin and gold achieved a sharp ratio
19:00
of .679, which basically means you know the higher the sharp
19:04
ratio, the better your returns, the better the investment
19:07
portfolio, nearly triple the .237 ratio of a traditional 6040
19:12
portfolio. Now I probably butchered what
19:14
the sharp ratio actually means so you guys can actually meet in
19:17
the chat, but for us average IQ people, that's all you really
19:21
need to know anyways, the research concluded that this
19:23
produced the best balance between downside protection and
19:26
upside participation without the volatility of a Bitcoin only
19:29
allocation. Now obviously I recommend the
19:32
big one only allocation, like if you're under 35, like dude, what
19:39
are you doing? Just go all in, you know, stop
19:42
being afraid. Just go all in.
19:43
You don't have any money anyway. Just go All in all right, you'll
19:45
be good. But again, remember the names of
19:49
the ETF companies that are pushing a lot of volume into
19:55
Bitcoin, It is Fidelity and Bitwise.
19:57
So Bitwise is out here basically telling all their customers and
20:00
Fidelity as well, like don't worry about the four year cycle,
20:03
Invest in Bitcoin, get a good position at least 15%, whether
20:07
that's split between gold and Bitcoin.
20:09
So you could even say 7%, which is higher than what bank in the
20:12
Bank of America has been suggesting, 1 to 4%.
20:16
I think the data now after 2025, even though we had a negative
20:21
year. It's starting to show the
20:23
institution, starting to show Wall Street, starting to show
20:26
the professional investor out there that you can't ignore
20:30
Bitcoin. And the data also shows us that
20:33
even though Bitcoin had a down year, the institutions didn't
20:37
get shaken out. I think the end of the year data
20:41
was like 97% of the capital that flowed into the ETF stayed in
20:46
the ETFs. So I know I give boomers a lot
20:49
of shit here. Maybe it's an age difference
20:52
thing, you know, maybe it's because I'm I'm a a scorn child.
20:58
But hey, the boomers coming into Bitcoin, not only are they
21:03
bringing their capital, but they got some diamond hands.
21:06
So I'm all for every boomer that gets into Bitcoin and holds it
21:11
for, you know, even themselves or their grandchildren, you
21:13
know, if they want to buy yachts with it, Hey, who am I to tell
21:15
you what to do with your money? But I think the the signal is
21:19
spreading. You need to have some Bitcoin
21:22
bitcoins in the mainstream conversation.
21:24
Bitcoin is a macro asset now. It is no longer a decision
21:29
between not owning it and owning Bitcoin.
21:34
The conversation is how much Bitcoin should I add to My
21:37
Portfolio, which is a fundamental paradigm shift.
21:41
It's not like, oh, I'm never going to hold this again or I'm
21:45
never going to hold this ever. It's should I go all in?
21:50
Should I just buy a little bit? Should I just hedge My Portfolio
21:53
and just do a little 1%? It's a totally different
21:55
conversation. I think we've we've jumped the
21:57
hurdle of whether people should invest in Bitcoin or not.
22:01
It's really can I go all in and still survive?
22:08
Am I going to get better returns in Bitcoin than holding the S&P
22:12
500? Or maybe 2026 is the year that
22:15
Bitcoin outperforms gold and silver.
22:18
Maybe 2026 is the year that I buy a significant chunk of
22:23
Bitcoin. We have fundamentally entered
22:26
the conversation of Bitcoin on the macro world stage.
22:30
It is something you need to hold.
22:33
And when I play you this clock, this Trump clip that I'm about
22:36
to play you, he's literally saying if you aren't holding
22:41
assets right now, you are absolutely going to be cooked.
22:47
And remember, Nico made fun of me the other day.
22:49
He's like, oh, Opti's out here saying like, F the middle class,
22:52
like don't save in dollars. You're you're going to be poor
22:54
forever. Look, I'm not saying that this
22:57
is what the leaders of the world are saying.
23:00
These are what the people in control of the money printer are
23:04
saying. I'm just trying to, you know,
23:07
translate what they're saying so it makes sense to you.
23:12
And they're telling you one very simple message, they are going
23:17
to destroy the dollar. You need to buy assets.
23:22
And I think this is catching on with the institution.
23:24
So if BlackRock did lose control of of the Bitcoin price, or
23:28
maybe this is just my click bait scamming on on YouTube, maybe
23:33
it's just a simple supply demand economics, Fidelity, Bitwise,
23:39
these other large Bitcoin ETFs are finally getting their
23:44
customers to buy more, to engage more, to believe more in
23:47
Bitcoin. While Blackrock's been very
23:50
quiet, there's been I think BlackRock might be distracted
23:53
right now with all the other stuff going on, namely that it
23:56
looks like the CIO of BlackRock might become the new Fed chair.
24:01
So it looks like BlackRock, or as Simon Dixon calls it, the
24:04
financial industrial complex is wholly going to be in control of
24:09
not only the World Economic Forum, not only the largest
24:12
asset manager in the world, but also potentially the Fed.
24:17
And what do you think they want to do?
24:19
Pump the acids, baby. You know, what was that Trump
24:25
meme? Pump, baby, pump.
24:27
But he was talking about oil. I think he was really talking
24:31
about acids, guys. I think they just want to pump
24:34
acids to the moon. I think it's becoming very,
24:37
very. Obvious anyways, I'm going to
24:40
keep it moving. I'm getting you out to play the
24:41
clip. I'll be right back.
24:44
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the current Bitcoin price is 96,730 so I jinxed it.
27:02
We're not at 97 K, but hey, we're close enough anyways.
27:05
That is a 23.3% discount from all time high.
27:10
If you like Bitcoin at all time high, you're gonna love it at a
27:13
23% discount. Who doesn't like discounts
27:16
anyway? The market cap.
27:17
Look at that boys. Where are we at 1.88 yesterday
27:20
We're at 1.93 trillion today we're coming for the $2 trillion
27:26
market cap and I think this time we will stay there.
27:28
Don't hold me to it though. Anyways, the block height,
27:32
current block height, TikTok next block.
27:34
The only time that matters on planet earth is the block
27:37
height. It is currently not actually the
27:39
only universal time. Dude, clock that one.
27:44
The only universal time on planet Earth is the block
27:48
height, and it is currently at 932,277.
27:53
I repeat, 932277. Damn, bro, I'm cooking today.
27:58
The only universal time is block height.
27:59
That's crazy. All right, anyways, hold on,
28:03
this refreshed on me. Here we go.
28:05
All right, so Trump talked yesterday, and bro, the war
28:11
between Trump and the Fed is going into OverDrive.
28:17
Now. Don't get distracted by the
28:21
bread and circus here. I want you to listen between the
28:24
lines here. That's what your job is here.
28:27
OK? Listen between the lines of what
28:30
Trump is saying. That's where you're going to get
28:33
the signal. So here's the clip, Jake Fever.
28:36
Here's the clip, bro. All right, let's play it today.
28:42
If you announce great numbers, they raise interest rates to try
28:45
and kill it. So you can never really have the
28:46
kind of rally you should have. What happens at what we want,
28:51
We're going to have a lot of great months, a lot of great
28:54
quarters. I want the market to go up.
28:57
You announce unbelievable numbers and the market goes down
29:00
because they know they're going to.
29:01
You're going to do everything possible in the Fed.
29:05
We have a real stiff in the Fed, but that's for another day.
29:09
But they raise rates. So everyone says, oh, they
29:13
announced great numbers, it's great, great, great.
29:15
And the market goes down because they immediately raise rates.
29:18
No, when the market goes up, they should lower rates.
29:22
You want to see 20% and 25%. You want to see what we can do.
29:26
We've got to go back to an old standard.
29:28
When there's good news, the market should go up, not go
29:31
down. Does that make sense to
29:33
everybody? And that's the way it used to be
29:34
for most of the time. That's the way you make a
29:36
country great. But our growth potential is
29:39
unlimited and could be much higher if we went back to
29:43
sanity. We're not doing it anymore.
29:45
We're talking about the head of a Fed, of the Fed.
29:49
And I want somebody that when the market is doing great,
29:52
interest rates can go down because our country becomes
29:55
stronger. See, you view it differently.
29:56
Our country becomes stronger and therefore interest rates should
29:59
go down, not up. They kill every rally.
30:03
If it's no matter who, it's beyond me as president, no
30:06
matter who's president, you have a good quarter and they want to
30:09
kill it because you're so petrified of inflation and
30:11
growth and inflation don't necessarily go hand in hand.
30:15
You can have growth and very low inflation.
30:17
In fact, often times growth is good for low inflation.
30:21
So we're going to work on that, Scott, right?
30:23
I think we're going to work on that very hard.
30:24
I mean, it's so strongly. I get it's sickening.
30:27
We announce good numbers and we see the stock market drops 300
30:31
points. I say, what the hell is going
30:32
on? Yeah, love him or hate him, he
30:39
cooks. He's the funniest president
30:42
ever. Oh man.
30:43
Anyways, anyways, let's get to the topic here, bro.
30:47
Oh my God. Look, whether you like him or
30:52
not is besides the point. Whether you think Trump lies on
30:57
stage constantly or tells you the truth, you have to take him
31:02
on his word. What he says.
31:04
I think he says it very strategically to either, you
31:08
know, distract his enemies or to literally tell you exactly what
31:14
he's going to do or what he's focused on.
31:16
Like, I don't think he is the, you know, 5D psychopathic genius
31:22
that people think he is. I think he's probably like a
31:25
high IQ but also semi egotistical.
31:29
So he just tells you what he wants, wants to happen.
31:32
And it's basically like, I'm going to tell you what I want
31:35
and if you can stop me, like, good on you.
31:37
But you just can't. Like, that's kind of the vibe I
31:39
get from Trump. And again, read between the
31:42
lines. The funniest part was like, can
31:44
we get back to normal where good news pumps the market?
31:47
Because I got all this good news and they're trying to kill the
31:50
markets again. Trump has been saying for over a
31:54
year, ever since he was on the campaign trail, that he's
31:58
looking at the stock market and of course, the Bitcoin price as
32:03
a metric for how successful he is as a president.
32:07
Now, you could look back at his first presidency and maybe the
32:11
numbers don't necessarily prove this point, but anecdotally,
32:17
everyone felt a little richer under Trump the first term.
32:20
I, I remember having a conversation with my dad and
32:23
over the years, my mom's kind of like badgered him.
32:25
And so he's like, you know, he'll take me the side and be
32:27
like, Trump's still kind of hilarious.
32:28
But oh, you know, I I don't like him.
32:31
I love you, dad, But hey, I got to put you off last year.
32:34
But even he said he's like, yeah, I, I was way richer under
32:37
Trump the first term. And if he does the same thing, I
32:40
think he's going to be very successful, though last year
32:43
there's a lot of uncertainty. There was still a lot of
32:45
fighting coming from a lot of the people that are in positions
32:49
of power that don't like Trump. And I don't know, he started the
32:52
year very, very strong. Anyways, when I hear that clip,
32:58
he basically just said if you don't own assets, you're going
33:01
to be poor and destitute. I don't think that as much as
33:07
the MAGA base, or rather the MAGA rhetoric is, you know,
33:12
America first, where for the American people, a lot of the
33:16
things he does is not necessarily for that.
33:20
Like there's a, there's a, a huge gap between what he says he
33:26
wants and what he's actually doing.
33:28
And I think Simon Dixon's really been on point where, like, Trump
33:31
works for the financial industrial complex.
33:34
And, you know, Trump is a huge real estate mogul, so he
33:38
understands assets and he understands the connection
33:41
between assets and inflation. And he's basically saying, hey,
33:46
bro, I want assets, the stock market, equities to RIP so that
33:51
we can lower interest rates at the same time so that we can
33:55
expand the money supplies so that we can get better, you
33:58
know, trade negotiation. So they're saying exactly what
34:02
the Mar a Lago accords are. Lower interest rates flood the
34:07
market with dollars. That's how they view they could
34:11
get out of this position of all this debt by adding more debt on
34:15
it, or rather making the debt cheaper to pay back because now
34:18
the dollars are worthless. And then having low interest
34:21
rates so that people feel like they can invest again.
34:24
He just said that he's like, bro, can we get this under
34:28
control so that whenever I do something good, the stock
34:30
market's pump. Akai want assets to pump higher
34:35
so that my constituents feel richer so that I can win the
34:39
midterms or else I'm getting impeached.
34:41
Like guys, he's telling you exactly what he wants.
34:46
It is get a tattoo of Trump, bro.
34:49
I've I've been the most critical of Trump.
34:51
I just take him at his words when he's talking about stuff.
34:54
Sometimes you can't do that. But he's been very consistent on
34:59
this message of, hey, I want to pump assets.
35:04
I think it'd be dumb not to listen to him.
35:06
That's just kind of my view on this.
35:07
But hey, you know, what do I know?
35:09
I don't know. I, I know as much as you do.
35:12
Anyways, I don't know about that.
35:16
Jake Down not fully aware of this.
35:21
Anyways, I am going to go into the news because we do have the
35:27
crypto markup bill coming out of the Senate.
35:34
There's some interesting wreak wrinkles about this.
35:37
There's an interesting kind of fight going on that I think we
35:41
probably should have talked about earlier, but it's
35:44
happening now and so we're going to cover it.
35:47
Anyways, I'll be right back. I want to give a shout out to
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38:25
Excuse me. Oh, man.
38:29
I, I, I I kicked the hornet's nest by talking about Trump.
38:33
The chat's freaking out about it anyways.
38:36
All right, So there is some crypto markup going on right now
38:43
about regulations and legislation around, you know,
38:46
cryptos right now. As everyone's been kind of
38:50
saying, the regulatory clarity, that's going to be a good thing
38:56
for the industry. I've been kind of neutral about
39:01
it. I've been, you know, hopeful
39:04
that this would be the case, that, you know, have some clear
39:08
rules of the road and then maybe we'd be able to move forward
39:12
from this kind of idea that Bitcoin is, I don't know, some
39:17
kind of scam and maybe be embraced a little bit.
39:22
Though I did tell you that I believe a lot of this regulatory
39:28
clarity in in quotation marks. We'll probably do more harm than
39:33
good. And I'm only saying that right
39:36
now because from what I can see, this is most likely the case.
39:41
Though there is a difference between this markup bill and the
39:46
Clarity Act. Again, I wish Nico was on the
39:49
show with me and he was supposed to pop in, but maybe I'm I'm
39:53
ripping through a little too quick.
39:55
But the this is the the Senate talking about the markup bill
40:01
and then the House of Representatives has the Clarity
40:04
Act. So they are touching on a very
40:07
similar idea or theme, but they're coming from two
40:12
different areas. Anyways, let me start with this
40:16
one. First of all, shouts out to
40:19
Eleanor Terrett. She's been doing some great
40:21
journalism. She's a real journalism.
40:23
She's journalists. She's a real journalist.
40:25
She's got credentials. OK, Anyways, this was on January
40:29
12th. So what was that?
40:30
Monday she goes new. The Senate Banking Committee is
40:33
aiming to file its latest still bipartisan market structure text
40:37
before midnight. That was on Monday.
40:39
After what's been described to me as a doozy of a day full of
40:43
intense heartburn from both sides over stablecoin yield now
40:47
emerging as the thorniest issue as we head towards Thursday.
40:52
So Thursday is the day that we're going to finally get a
40:56
vote, but today as well, we're going to see at least what both
41:01
sides or sorry, the Senate Banking Committee is going to,
41:05
you know, try to push through. Now going further here, I will
41:09
read a little bit of this. This is from our website Crypto
41:11
America 278 pages, 137 amendments crypto ways new
41:15
Senate Banking bill ahead of Thursday's highly anticipated
41:19
markup, the crypto industry spent yesterday reviewing and
41:23
reacting to the new text. This was dropped this morning.
41:27
So it's the eve of the Senate Banking committee's markup on
41:31
market structure, which is basically, you know, like the we
41:35
have the Senate Banking Committee and then Senate
41:38
Agricultural Committee, I believe.
41:40
Again, I wish Nico's here, he's more of a political nerd than
41:43
me, but they both do this market bill where they each propose
41:48
their bill and then later on they will merge them together.
41:52
And then that's what we'll get past.
41:53
So tomorrow we will get the final vote on what the Senate
41:57
Banking Committee is saying, and that's where all this
42:00
conversation is coming from. But we're getting, again, as we
42:04
always say, Bitcoin has a way of exposing incentives and the
42:08
incentives are becoming very clear with a lot of these
42:10
amendments anyways, and we breakdown where things stand.
42:13
Plus crypto policy expert, yadda, yadda, yadda.
42:16
Anyway, crypto industry spent all of Tuesday parsing a 278
42:20
page bill filed late Monday by the Senate Banking Committee,
42:23
the product of five months of bipartisan negotiations.
42:26
It was the first time much of the industry, excuse me, had
42:29
seen both parties text in full, and reactions have been somewhat
42:32
measured with little in the way of overwhelming criticism or
42:35
praise. Most stakeholders appear to be
42:36
withholding final judgement until they see the outcome of
42:39
the amendment details offered by senators, some of which will be
42:42
voted on during Thursday's markup.
42:45
Those details hit many of the same focal points of frustration
42:48
and drama in recent weeks. D Phi now grappling with a
42:51
surprise new section causing industry heartburn.
42:54
Stable coin yield, which many crypto stakeholders say is
42:57
already on lost life support. Ethics, where details remain
43:01
limited and a deal between the White House and Democrats has
43:04
yet to be reached. And a new concern whether the
43:06
tokenization language feathers favors traditional finance.
43:10
There are more than a few things in here we're concerned about,
43:13
and we need to understand the scope of the American amendments
43:15
and whether they make things better or worse so we can really
43:18
know what we're dealing with. I've been saying that this whole
43:23
time. Anyways, amendments are due at
43:25
5:00 PM yesterday, resulting in 137 separate modifications
43:31
proposed by members of the Banking Committee.
43:33
Now, this is where I think the extensive start to get exposed.
43:38
Let me go. But was it here?
43:41
We'll start with Jake Chervinski, who is of course a
43:46
lawyer, but I, I forget what he was a part of some Bitcoin
43:50
Policy Institute. I don't think he was Bitcoin
43:52
Policy Institute per SE, but I think it's this one blockchain.
43:58
That's that's the one blockchain association.
44:01
Anyways, he goes, there are a few things left that could blow
44:04
up the market structure. Bill and stablecoin yield is one
44:07
of them. What does stablecoin yield have
44:09
to do with the market structure you ask?
44:11
Good question. Nothing except the banks have
44:14
influence and they want their regulatory Moat back and he's
44:18
quote tweeting, of course, the Eleanor Terrett tweet.
44:21
Now moving further, we got this little headline here.
44:25
JP Morgan CFO says stablecoins that pay interest are quote,
44:30
obviously dangerous and undesirable translation
44:34
dangerous to the bank's business model.
44:37
And here's like a, I guess it's a back and forth and it goes JP
44:41
Morgan fourth quarter earnings quote.
44:43
We always embrace competition, Barnum says.
44:45
But the bank doesn't want to compete against a brand new
44:48
parallel ecosystem of deposits and interest that has no
44:52
appropriate regulation. Allegedly.
44:55
Max Abelson is reporting this for the Finance reporter.
44:58
Now going further, it goes or rather before this Glenschnorr
45:02
from Evercore kicked us off with a question about federal rules
45:05
on stablecoins and how it might impact bank deposit deposits.
45:09
Not what we were expecting. Barnum takes it.
45:12
JP Morgan has been quote, quite involved in block chains for a
45:15
long time and has been doing some quote, really cool stuff on
45:18
the quote, cutting edge. We're engaged, we're watching,
45:21
we care, he adds. Barnum goes on to say that it's
45:25
very clear that the creation of a parallel banking system that
45:28
includes something that looks a lot like a deposit, that pays
45:30
interest without the associated safeguards is, quote, an
45:34
obviously dangerous and undesirable thing that is the
45:38
core of our advocacy. So JP Morgan is scared of stable
45:42
coin yields, apparently. At least this is this is what
45:44
what we're hearing here. Now, going further, this is
45:48
where it starts to get a little interesting.
45:51
First off, shouts out to Alex Thorne.
45:54
Of course he's at Galaxy HQI believe anyways he goes.
45:59
Alex Storm tweets. Elizabeth Warren has filed 38
46:02
amendments to the market structure bill.
46:04
Remove developer protections, more sanctions, compliance
46:08
obligations, more illicit activity powers for government,
46:11
more AML obligations for D5 front ends repeal positive OCC
46:16
guidance for banks, got SC CS ability to allow tokenization
46:20
and we have Chad. We got a Chad tweeting Elizabeth
46:24
Warren. And the Dems work on behalf of
46:26
the banking elite. That's a fact.
46:30
Hey, Bitcoin exposes their incentive.
46:35
Anyways, he goes on. The Dems are working to protect
46:37
the banks at all costs. That's just a fact, not FUD.
46:40
Here's a quote. What is threatening progress is
46:42
not a lack of policy maker engagement, but the relentless
46:45
pressure campaign by the big banks to rewrite this bill to
46:48
protect their own incumbency. Their demands to eliminate
46:51
stable coin rewards are designed to choke off consumer choice and
46:54
kill innovative financial products before they can
46:56
compete. Going further crypto not happy
46:59
with market structure right now, Blockchain Association CEO
47:02
Summer Mersinger says quote what is threatening progress?
47:06
There we go. I just read that.
47:07
So as you can see, as I stated very early on, as much as I'm
47:14
OK, or rather I'm tentatively neutral in regards to regulatory
47:20
clarity, I, I just inherently knew it was going to be probably
47:26
worse than better for us. And it's becoming the case that
47:31
this is probably what's going to happen.
47:33
So not feeling too good about this per SE.
47:37
I, I've been saying for a while, it's probably going to hurt us
47:39
more than than we want it to, though everyone's saying, hey,
47:43
the regulatory clarity is going to make sure that Bitcoin gets
47:45
to 200K or something. I'm like, man, I don't know.
47:48
Anyways, we got Bohind. If Democrats kill the landmark
47:51
legislation that would cement US leadership and fintech simply to
47:55
score political critical points, they'll have to explain that
47:58
choice to voters in November. And he's, quote, treating
48:02
Brendan Peterson, senior reporter of Punch Bowl News.
48:06
And he goes, it is very, very likely that this answer from the
48:08
White House will not fly Senate Democrats.
48:10
Many want ethics requirements to cover the president's family,
48:13
but it's a red line to not cover the president himself.
48:16
Again, quote tweeting saying that hey, very close this market
48:20
structure Bill is very close to getting to the president.
48:24
Honestly, it seems like it's going to do a lot more harm than
48:29
good. So that's my take.
48:32
And I, I see my guest is in the background.
48:36
So I I will hold on. Let me let me talk to him.
48:40
Hey, can you hear me? Can't see you OK, dude, It's
48:46
hard to do the whole show by yourself.
48:49
So it's start, it's starting to look and we'll we will get,
48:52
obviously we'll get a little more insights tomorrow.
48:55
I did want to cover this earlier on in the week, but I felt maybe
49:00
the timing is better. This is happening tomorrow.
49:03
I don't think there was anything we really could have done.
49:06
We're not in the Senate. We're not, you know, we're not
49:09
part of these conversations. But this is an update of where
49:13
we are right now. It seems like.
49:16
And again, I don't like to paint with a thick brush here, but it
49:20
seems like the Democrats are fighting this market structure
49:24
bill, even though it has been shilled as a bipartisan crypto
49:29
regulation. So again, the Senate Banking
49:33
Committee will vote on this tomorrow and then I believe the
49:38
Senate Agricultural Committee, which is going to give us the
49:41
other half and their view. So the Senate Banking Committee
49:44
is really talking about their market structure from the SEC
49:48
vantage point. The Senate Agriculture is really
49:51
doing their perspective on crypto market regulation from
49:55
the CFTC perspective and the Agriculture Committee, they got
50:01
delayed until the end of this month.
50:03
So we are seeing the Senate Banking committees take right
50:06
now. And are you surprised that the
50:09
Senate Banking Committee is being stalled because of what
50:12
the big banks want to do? I think it's becoming very clear
50:17
that, yes, they are betting the knee on Bitcoin.
50:20
Yes, they're like begrudgingly accepting Bitcoin, but they're
50:24
doing whatever they can to protect themselves because not
50:28
only is really Bitcoin going to disintermediate the big banks,
50:32
but it's interesting that their main concern is around
50:35
stablecoin yields. And remember, just a few months
50:39
ago, they were super excited about stable coins.
50:42
It was always like stable coins is is a new hot thing, bro.
50:46
And now they're like, actually, we might be getting, we might
50:51
have let the, we might have let the dragon in and it's going to
50:54
eat our lunch. So here we are guys.
50:59
We'll see what happens tomorrow. I think Nico should be on
51:03
tomorrow. Maybe he can give us his more
51:05
political take. I already know what he's going
51:07
to say. You know the Dems are fighting
51:09
Trump and you already, you already know the angle.
51:12
You already know. Yo, hey, chat, chill, chat,
51:19
chill. All right, guys, I'm going to
51:23
move into the culture we have. We have something very
51:26
interesting and cool to announce to you guys.
51:29
I hope there is no hiccups on this.
51:31
So last commercial break and we'll be right back.
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I want to give a shout out to our partner Hive digital
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freedom. Heidi, then we are back.
53:33
Oh, wait, this got up a little too early, a little too early, a
53:36
little too early. Nate Barker, thank you so much
53:40
for showing up on today's show. We are super proud to announce.
53:44
I guess at this point I'll give you the floor.
53:46
I I already kind of blew the the the surprise here officially
53:50
live here. But Nate, take the floor.
53:53
What is moon match? What are we talking about today?
53:57
Hey, it's a it's a pleasure to be on.
53:59
Thanks for having me. My name is Nate and I am the
54:02
developer and partner for the development of Moon Match.
54:07
Moon Match is our brand new game that we have developed with you
54:12
at Simply Bitcoin to basically give.
54:16
It's a brand new game where you can earn Bitcoin as you play.
54:20
So we wanted to build something that was fun, casual, easy to
54:25
get started with, and made it super easy to earn Bitcoin.
54:28
I think there are a lot of people out there who are
54:30
interested who are maybe a little reluctant or not on this
54:33
podcast. I mean, this is all experts, but
54:37
who are maybe reluctant to get started, don't necessarily know
54:39
how to do it. So we made a game.
54:42
That game is Moon Match. It is primarily like a mahjong
54:47
tile matching style, a casual game, like a puzzle game, and
54:54
you earn free satoshis as you're playing.
54:57
So the entire objective is to make it so that you have to
55:00
spend no money. You can just play and earn
55:03
Bitcoin as you're playing. And this is our game, and it's
55:06
called Moon Match. Yeah, I've downloaded it this
55:10
morning. It's officially live.
55:12
I was playing it a little bit. I earned three sets in like, I
55:16
don't know, a minute or something like that.
55:18
I I literally winning blind. I knew we were working on this.
55:21
I'm actually though I do have a bone to pick, though.
55:24
It's Rustin over here. You know, I I was hoping it was
55:27
me man, this looks like Rustin, but no, it's cool.
55:30
I'm joking. It's it's.
55:30
Yeah. We we only have one model in
55:33
there. I think one of your questions at
55:35
some point is, you know, what are some upcoming features and
55:38
things. So yeah.
55:42
You gotta get that handsome one, dude.
55:44
You gotta get me. I'm the I'm the most handsome 1
55:46
so. His stubble was so hard, you
55:48
know, lot of time on that so. Let's go.
55:53
All right. OK, so here we go.
55:55
I'm just going to go for the audience.
55:57
This is probably the question everyone wants to know Family.
56:00
Diaz is like, OK, so how do you make money on the game, though?
56:03
So. Let's just make money or.
56:05
No, yeah. I mean, would you don't make
56:07
money? We're just, we're we're
56:09
literally giving you money. We're giving you Bitcoin.
56:11
This was just a proof of concept bro.
56:14
Yeah, the the the whole concept behind it and the way that this
56:17
stuff works is that we have things like any kind of mobile
56:21
game that you're playing where there's, you know, rewarded
56:23
video ads. So those are like the opt in
56:25
style ads and some small in app purchases.
56:28
But it's essentially just arbitrage.
56:29
Like we take that money and then we just convert it into Bitcoin
56:33
and then we give it to you. Everything is done through a
56:37
partner called ZBD if you're playing any rewarded games.
56:41
And in fact, I think you guys may have promoted or.
56:44
Yeah, we love, I love ZBDZ. BD is great, they're a huge
56:48
partner of ours. I'm actually going to see the
56:50
the whole ZBD team at next next week in London.
56:56
There's a pocket gamer connects. So if you are in London and you
56:59
want to meet up and talk Bitcoin, talk Bitcoin games, we
57:02
will be there. I guess like a delegation from
57:05
Moon Match and ZBD is the basically they're they're the
57:11
essentially the bank, the the transactions are all done
57:15
through them. So if you get the game, you can
57:21
follow the links in there. You can sign up for ZBD, get
57:24
your ZBD wallet, and as long as you kind of go through that KYC
57:28
process with them, they can begin sending you Satoshi's
57:32
every day. It's quite simple.
57:35
Yeah, it's totally simple. ZBD loved the ZBD team and also
57:38
our chat is super suspicious. They're super suspicious of
57:41
everything we say should be. Don't mind them, don't mind them
57:44
too much. Though.
57:45
There is a good question here 'cause I was wondering this as
57:48
well. Like I said, I I jumped on
57:50
before I wanted to play with it. I wish I knew how to connect
57:55
this streaming software to my phone so I could like play it
57:57
live with you guys. Maybe I can pull it up.
58:02
But I saw my three sets and I'm like, is there like is there a
58:07
filter or like a threshold I have to get before I can get the
58:10
sets out? Like how does that work?
58:13
Oh, that there might be a, it varies.
58:18
So basically because we're using there, there you go.
58:21
Because we're using ZBD in order to remit all of the payments to
58:25
you guys, they will occasionally have certain thresholds.
58:30
Generally it's pretty low. I think it's like 20 SAT's as
58:35
like a kind of threshold. So what we didn't want to do and
58:40
kind of the way that we built this, like sometimes you'll play
58:42
games or you'll see things like this where you have to earn some
58:45
ungodly number of either Fiat currency or Bitcoin or something
58:52
in order to withdraw. It's, it's not something like
58:56
this where it's like a huge amount.
58:57
So at the end of the day, you're looking at something like the
59:00
equivalent of like 20-20 cents and USD that you would need.
59:05
Mostly the reason that's done is because you need a certain
59:09
amount that covers just the like transaction fee.
59:13
Things like Visa, like Visa will charge this sort of stuff if we
59:16
want to get it into your bank account or any of the banks, but
59:18
it's like it's like $0.20. So a pretty small amount.
59:21
Yeah. Hit me up with all of your, your
59:23
most suspicious questions. I'm happy to answer.
59:27
That well be be careful what you wish for cause the the the chat
59:31
the chat. I don't know if you see the
59:32
chat, but the chat is pretty savage here.
59:35
I have. No, I, I I see booties first.
59:40
I don't, I don't know what else. OK, Yeah.
59:42
Yeah, yeah, the the I always say don't look at the chat or be be
59:47
prepared for an onslaught of of just nonsense and tomatoes
59:53
'cause that's what they do. But do you know further this is
59:57
live on? I'm on iOS so this is live on
1:00:00
Google and iPhone. Yep, iOS and Android.
1:00:06
Best way to get it is to go to simplybitcoin.com and you'll see
1:00:10
at the header free Bitcoin game. So that'll take you if you are
1:00:15
on, If you're on your phone, it will take you directly to the
1:00:19
App Store. If you're not on your phone,
1:00:21
it's going to take you just to kind of like a landing page.
1:00:24
That's what you see right there. If you're the type of person
1:00:27
that's afraid to click on links on the Internet, and you should
1:00:29
be because be careful out there, there are some suspicious maybe
1:00:33
not on simply Bitcoin. Dot com Hey hey hey dude, don't
1:00:35
call us scammers here. I get called that every day
1:00:37
anyways. Oh yeah, yeah, no, I'm going to
1:00:40
be I'm going to be doing all of those like man in the middle
1:00:43
attacks on, on everybody clicking on that link.
1:00:45
No, if you're suspicious or whatever reason, have your,
1:00:48
your, your phone there, open up on your device, go to the App
1:00:52
Store or the Google Play Store and just look up moon Match and,
1:00:57
and we'll be there. So yeah, you can just search for
1:01:02
it and it's it's pretty easy to find.
1:01:04
Yeah, yeah, I, I, I got on the call with Jacob this morning and
1:01:09
I'm like, yo, do we have some assets and, you know, I, I had
1:01:11
the that asset playing that I blew the surprise with and so I
1:01:16
was sitting there and I just searched it, you know, I
1:01:20
searched the moon match. I'm like, oh, there it is like
1:01:22
it's live already let's go earning free Bitcoin instantly.
1:01:26
Didn't have to sign up guys. It's, you know, I didn't just, I
1:01:30
just started playing. Super easy, yeah.
1:01:32
You don't need to give us any of your information.
1:01:34
It's not like one of those things.
1:01:35
It's since it's all through ZBD, which is a, a third party, it's
1:01:40
makes it much more easy to sign up and you know where your
1:01:43
information is. ZBD is just so you guys know,
1:01:48
they're a, they're basically a company, They're based in the
1:01:52
UK. They have licenses.
1:01:55
They have licenses all over, all over the world and they have a
1:02:01
ton of different ways that you can withdraw currency.
1:02:04
They're primary and the one that they're most interested in.
1:02:07
The reason we're working with them is because they're the only
1:02:09
partner that will allow you to withdraw directly in, in
1:02:13
Satoshi. So you can use it for, for
1:02:16
Bitcoin. There's a few others out there.
1:02:18
Maybe you've seen other rewarded games and we'll have things like
1:02:21
PayPal and Amazon gift cards and stuff like that, but we wanted
1:02:25
something that was really specific to Web 3 and more
1:02:29
specifically for for Bitcoin. And they're the only guys that
1:02:32
can do it. It took an army of lawyers, I
1:02:34
found out in order for them to be able to do this.
1:02:37
I think they spent the better part of three years just in just
1:02:42
in some sort of like legal hell so they could get licensed.
1:02:45
They are live in I think something like 100 countries.
1:02:49
So if you're listening to this now, it would be the USUK,
1:02:54
Western Western Europe, Canada, Australia, all over the map,
1:03:00
basically any place that it has a good relationship with
1:03:06
American and British banking authorities, that's the standard
1:03:12
they're going to use. You can you can use that to sign
1:03:15
up and they're adding more partners as they go.
1:03:17
All of that is listed, I think on their website, and we try to
1:03:19
also add some of those in the header in the description.
1:03:25
But if you have any issues and you're from a country that you
1:03:27
can't sign up for ZBD, just hit us up in support@romergames.com.
1:03:32
That's our studio and we can contact ZBD to see what the hell
1:03:37
is going on with adding more countries.
1:03:39
But they're adding a lot more now.
1:03:41
Let's go. OK, so you did mention there was
1:03:44
going to be some more updates and can the audience participate
1:03:50
in feedback for updates? How is is this a possibility?
1:03:53
Because I know our chat is always telling us how to get
1:03:58
better. That's their main job is yelling
1:04:00
at me to get better at everything.
1:04:02
So I'm sure they will divert some of that attention away from
1:04:06
me on to you guys now. So can they participate in
1:04:10
feedback and you know, is there some sneak peek updates?
1:04:13
We all know one you're we're getting.
1:04:15
We're getting an Opti version up here soon enough.
1:04:17
Oh hell yeah, we're getting an Opti.
1:04:20
We are opting into that one. We yes.
1:04:24
So audience feedback is essential for us.
1:04:28
So we made this game. This is just like us dipping our
1:04:31
go into the water of creating these kind of games for you
1:04:35
guys. We have some experience in
1:04:37
building these, but never with a partner like like simply
1:04:41
Bitcoin. And a big thing that we wanted
1:04:43
to do was actually connect with people who are super
1:04:47
knowledgeable about the space, who know where where Bitcoin is
1:04:52
headed, who know more about like defy in general.
1:04:56
And so that's kind of why we wanted to connect with with you
1:04:58
guys. If you have feedback, there is
1:05:01
myriad ways that you can give it to us.
1:05:04
You can either just leave hopefully nice reviews on the
1:05:07
App Store. You can contact us through
1:05:09
support. You can join us on our Discord.
1:05:12
You can message simply Bitcoin and just give these guys all of
1:05:16
your, all of your and then they can send that to us.
1:05:21
We're in constant communication and in terms of upcoming stuff,
1:05:26
we have a bunch of things planned.
1:05:28
So we have more content, more levels.
1:05:31
We want to add potentially more mini games.
1:05:35
So right now there's like a little trivia mini game that we
1:05:37
added. We're testing.
1:05:39
We also want to do contests, so we know that at a certain point
1:05:44
you guys are going to master the gameplay of this.
1:05:47
And once you get to that, we can begin to run contests for even
1:05:50
bigger and bigger prizes. So if you're like, look, you
1:05:53
know, the 100 or 200 bucks of Bitcoin I'm earning monthly is
1:05:56
not enough, and I want a chance to earn something that's pretty
1:05:59
substantial. That's where we want to work in
1:06:02
things like contents, contests, tournaments, stuff like that.
1:06:08
Let's go. Well, knowing, knowing the chat
1:06:13
and knowing that most of them hang out with me at midday every
1:06:16
single day, I'm guessing this is going to become a significant
1:06:20
amount of someone's income just by playing a game.
1:06:24
No, no, I'm trolling guys that that was trolling.
1:06:25
I'm trolling. I only know one of my friends
1:06:28
that's unemployed and watches the show.
1:06:30
All you other guys are stacking Bitcoin like normal people, but
1:06:34
hey, maybe you want to jump on the game and and stack some
1:06:38
bitcoins, stack some sets. We're here to get, we're here to
1:06:41
give back to you guys. So Nate, anything else, any
1:06:45
final elevator pitch that you want to give to the audience?
1:06:49
Because we're coming towards the end of the show, but I want to
1:06:53
give you some more time to to, you know, chat with the
1:06:56
audience, chat directly to them about what you guys are
1:06:59
building, maybe some other future plans.
1:07:01
You know what? Whatever you want, the floor is
1:07:02
yours. Yeah, Thank you.
1:07:05
So I would say the easiest part of this and kind of like the
1:07:08
core pitch is that this is a super easy way to just start
1:07:12
stacking Sats. You can sit on the couch, play
1:07:17
this. We tried to make it something
1:07:19
where you can get into a bit of a flow state, so you can just
1:07:21
keep playing and keep earning as long as you're sitting there
1:07:24
playing, there is no limit. We're not going to limit you via
1:07:28
energy or any other things like that.
1:07:29
As long as you are matching, it is relatively easy to continue
1:07:33
to earn. And honestly, we need your
1:07:37
feedback on this and, you know, to get good ideas of what to add
1:07:41
further out. I mean, I think, you know,
1:07:43
you're the players and so you're going to know bet better than us
1:07:46
even what's working and what's not working.
1:07:50
Please continue to tell us. We have other games that we'd
1:07:53
love to do too, so other ways that we can continue to provide
1:08:00
you with opportunities to earn anything from stuff that maybe
1:08:04
is easier, stuff that's harder, more core games, casual games.
1:08:11
Really. We're gonna want to get your
1:08:12
feedback to know what is best. Likewise, if there's anything
1:08:16
you don't like in the game, this would be the time to start to
1:08:21
tell us what is there. But you know, honestly, we're
1:08:24
just really excited. We're really excited because of
1:08:26
the community. We're really excited because you
1:08:29
guys are so passionate about this and we're just happy to be
1:08:32
sitting in our little little offices, a little sort of bear
1:08:35
office right now, making games and sharing them with the rest
1:08:38
of the world and making games with simply Bitcoin.
1:08:41
Yeah, it's been pretty great. That's awesome, man.
1:08:44
Look, so I'm still only on level 4 again, guys, I only got on
1:08:48
this morning. So you guys have probably
1:08:50
already gotten farther than I have.
1:08:53
But I do wanna know 'cause I was thinking maybe, maybe a way to
1:08:56
get more stats is like a expert mode where you have like a
1:08:59
timer. If you could beat the timer then
1:09:01
you get some more sets, but. That's cool.
1:09:03
I don't know. I don't know if it builds to
1:09:05
that. So 'cause I, I failed one level,
1:09:09
I was trying to do it live and I, I was like, oh, what happens
1:09:11
if I what happens if I don't? You know, what happens if I fill
1:09:14
up the whole thing? And I was like, oh, I fail.
1:09:16
OK, cool. Well, now I know how it works.
1:09:19
It is possible to fail. Yeah, there's there's actually a
1:09:23
few different ways that we can we're planning to create these
1:09:27
features where you can increase the rate that you're getting in
1:09:29
SAT's. A lot of it comes from some of
1:09:33
the like the more what we called like live OPS features.
1:09:36
So in in gaming terminology, essentially live OPS are events
1:09:41
and activities that happen for a game.
1:09:47
It basically in a game. So like the old way of making
1:09:50
games is I'm going to give you a completed product.
1:09:52
You're going to take this and you're going to make and you're
1:09:55
going to play it and then it's over.
1:09:56
But now you have games like especially like League of
1:09:59
Legends League yeah, sorry League of Legends where you're
1:10:01
like, you know, these tournaments, you have new
1:10:03
characters, you have new power ups, you have new weapons, you
1:10:06
have all this sort of stuff, tournaments, sales, things like
1:10:10
that. The more of these we do, the
1:10:13
more events we do, you know, it gives us the opportunity to have
1:10:17
more ways to earn SAT's. So you can imagine just like,
1:10:23
you know, forsake of an example, if we were to do a like a
1:10:29
Christmas event. So we just had the Christmas
1:10:31
holiday, but something like this where every single day leading
1:10:36
up to Christmas, we increase the number of levels in the
1:10:41
tournament. We try to look like, you know,
1:10:44
how, how how many can you beat at any given time?
1:10:49
How many can you beat with certain parameters, you know,
1:10:51
certain difficulty levels And as we stack up that difficulty, it
1:10:56
gives you more and more ways to to beat your opponents.
1:10:59
We're lucky, you know, we just started, we just launched this.
1:11:03
We have a lot of time together that we can be building, working
1:11:07
on this game. And as the, you know, the year
1:11:09
progresses, we'll have the opportunity to launch new games.
1:11:12
We're a pretty small, nimble studio.
1:11:15
So if you're looking for more ways, you know another way to
1:11:18
earn additional Bitcoin is just to play additional games, right?
1:11:23
So my vision is just like a suite of simply Bitcoin games.
1:11:29
So we can get anything from these kind of casual things
1:11:34
together to more hardcore games, your League of Legends types,
1:11:39
your whatever, so that you can keep earning in different ways.
1:11:45
You know, sometimes you want something where you're going to
1:11:47
be focusing, maybe making wagers, right?
1:11:49
You can imagine like like playing poker for Bitcoin, but
1:11:55
legally on your phone anywhere in the world versus, you know,
1:12:00
something where maybe you're just earning a few here or there
1:12:03
while you're like on the bus. That's kind of like the ultimate
1:12:07
vision for for what we're trying to do together here, but we will
1:12:11
need your help in your feedback to get there.
1:12:14
Let's go Nate Well, let's see if I can beat level 4 after the
1:12:19
show. I.
1:12:20
Think you can I I believe in you.
1:12:24
All right, Nate, well appreciate actually how about plug your
1:12:27
Twitter and the Roamer Twitter so that people can get in touch
1:12:32
with you and we'll wrap up today's episode.
1:12:35
Sure we should be we I think it's oh man, I feel like so bad
1:12:40
about this. We have a Twitter for our crypto
1:12:44
crawler, but I think probably the best way is if they ping you
1:12:46
guys and then we'll that way our our Twitter is sort of sad.
1:12:51
I don't even want. To all right, no worries no
1:12:53
worries all right guys, I guess give me all the feedback.
1:12:57
I we'll we'll get it to me. But Nate, thank you so much.
1:13:01
I know you've been talking with with our boy wine about this
1:13:04
wine. Super excited and we got the
1:13:07
official launch. So go to the I forget Google
1:13:10
Play store or the Apple App Store and search moon match and
1:13:15
you can stack or just. Go to.
1:13:17
Or go to siblingbitcoin.com. It's there.
1:13:19
It's. Right there on the homepage.
1:13:20
There we go All right, Nate, well, thank you so much for
1:13:24
coming on today's show. Hang out in the back for a
1:13:27
second and I will wrap up today's show.
1:13:30
All righty then, guys, here we are.
1:13:32
We're at the end of the show. We love you, we appreciate you.
1:13:37
I guess we got no Nico today, so that's why I was able to get a
1:13:40
little bullish on today's show, but we'll see what happens
1:13:43
tomorrow. I might be holding down the
1:13:45
duties all week long. You know I got the team on my
1:13:48
back. No, but it's all good on that
1:13:51
note, love you guys have a good rest of your day.
1:13:53
I will see you tomorrow. I I'll see you tomorrow.
1:13:56
That's that's without a fact. All right, later.
1:14:00
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1:14:06
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