Latest / Simply Bitcoin / How Much Bitcoin Do You Need to Be in the Top 1% | EP 1035

Transcript

How Much Bitcoin Do You Need to Be in the Top 1% | EP 1035 · Simply Bitcoin

• 0:02
  It's. All going to zero against
• 0:05
  Bitcoin. It's going up forever.
• 0:15
  You're against Bitcoin, you're against freedom.
• 0:23
  Rate is going up while crime statistics all over the world
• 0:27
  are. Going down because they're
• 0:29
  taking their criminals and they're putting them into our
• 0:32
  country, a certain country. And I happen to like the
• 0:37
  president of that country very much, but he's been getting
• 0:39
  great publicity because he's a wonderful shepherd of the
• 0:44
  country. He says how well the country's
• 0:46
  doing because their crime rate is down.
• 0:48
  And he said he's training all of these rough people.
• 0:51
  They're rough, rough, rough. He's training them.
• 0:53
  And I've been reading about this for two years.
• 0:55
  I think, oh, that's wonderful. Let's take a look at it.
• 0:58
  But then I realized he's not training them.
• 1:00
  He's sending all of his criminals, his drug dealers, his
• 1:04
  people that are in jails. He's sending them all to the
• 1:07
  United States. And he's different in that he
• 1:10
  doesn't say that. He's trying to convince
• 1:12
  everybody what a wonderful job he does in running the country.
• 1:15
  Well, he doesn't do a wonderful job.
• 1:17
  And by the way, if I ran one of the countries, many countries,
• 1:19
  many, many countries from all over, I would be worse than any
• 1:23
  of them. I would have had the place
• 1:24
  totally emptied out already, but we become a dumping ground for
• 1:34
  the rest of the world, which is laughing at us.
• 1:36
  They think we're stupid and they can't believe that they're
• 1:40
  getting a guys. Welcome to the Bitcoin, the most
• 1:45
  watched daily Bitcoin live show on YouTube.
• 1:47
  Rumble Annex. Sit back, relax, enjoy the ride.
• 1:50
  We'll be your guide through the separation of money and state.
• 1:53
  Trump at the RNC speech yesterday, the first speech he's
• 1:57
  made since his attempted assassination, criticizing
• 2:02
  Naimbukele, which is very strange because his his sons and
• 2:06
  daughters were at Buchelli's inauguration, you know, shot
• 2:11
  across the bow of which Buchelli responded to basically accusing
• 2:16
  Naimbukele of exporting some of those gangs out of El Salvador
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  to the United States. From my understanding and for my
• 2:25
  research, they put them in prison in El Salvador, right?
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  Like a huge percentage of the El Salvadorian population is it's,
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  I think it's like 1% or so is in prison because they were like
• 2:39
  tied to like gang affiliations, which is why the crime rate went
• 2:42
  down. This is the first time I've ever
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  heard on any type of media, including independent media,
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  including X, that, you know, the reason that El Salvador lowered
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  its crime rate was because they were exporting the criminals to
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  the United States. Very strange, you know, and
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  especially because Buckele has only talked well about Trump.
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  So I don't know what's going on there.
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  Could it be that they're competing?
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  Could it be that Buckele is taking the limelight from Trump
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  and Trump likes the limelight and now they're like competing
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  for the limelight? I got to say I don't like it as
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  much as I've been, you know, pro Trump, you know, this entire
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  week, of course, because I live in the United States and he's
• 3:25
  taking a pro Bitcoin stance that I did not like whatsoever.
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  Was he talking about another country?
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  Was he talking about? No, I don't think so because he
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  said this is a president that I do like.
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  And of course, he's talking about El Salvador, so I don't
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  know what's going on there. Very, very strange part of the
• 3:42
  speech. Everything else I kind of
• 3:44
  enjoyed. He didn't mention inflation, he
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  didn't mention AI, but he did not mention Bitcoin, which means
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  that Bitcoin is not in the discussion yet.
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  So we still have a tremendous amount of work to do as
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  Bitcoiners to make Bitcoin inflation and the very idea of
• 4:03
  central banking. We have to make that part of the
• 4:07
  political discourse. You know, there's a very famous
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  quote by Andrew Breitbart, which is politics is downstream from
• 4:14
  culture. We have to win the culture war.
• 4:16
  And I'm not saying about the culture war that everyone, that
• 4:19
  culture war, I'm talking about the Fiat versus Bitcoin culture
• 4:22
  war. But other than that, it was a
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  great speech yesterday at the RNC.
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  Still looking forward to his speech at the Nashville Bitcoin
• 4:31
  conference next week. We will be in Nashville.
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  We'll be live streaming from Nashville.
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  So looking forward to that speech as well.
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  But I gotta say, as a bitcoiner, as a very, very vocal supporter
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  of Naimbu Kelly and what he's done for El Salvador, I was not
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  very happy about his comments in relation to Boo Kelly.
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  But it is what it is. And again, you know, if this is
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  a competition, right? If this is Trump saying, you
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  know, I don't like Boo Kelly taking limelight from me, I want
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  actually Bitcoin and Bitcoin companies to set up shop in the
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  United States. And that's, you know, his
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  motivation. OK, That's compound.
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  That's competition. As individuals, we win.
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  We win when nation states are competing for your business.
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  But you know, I don't have enough information.
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  I just want to point that out there because I did not like
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  that whatsoever. Anyways, in today's show, you
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  guys absolutely love it when we talk about this topic.
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  So we're going to talk about it again, which is how much Bitcoin
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  do you need to be in the top 1%? And that varies, right?
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  Is it the top 1% of Fiat net worth as a top 1% by age group?
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  Is it the top 1% of the last cycle?
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  Is it the top 1% of this cycle? Is it the top 1% of just the
• 5:46
  general world, right? So we're going to kind of just
• 5:48
  go through all this and kind of explore it.
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  How much Bitcoin does it take to be in the top 1%?
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  And because you guys, like I said, really, really enjoy that
• 5:59
  topic. So we're going to further
• 6:00
  explore that. Also in other news as well,
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  Craig Wright, he's been forced to admit publicly that he is a
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  fraud. This is something that he's
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  posted on Twitter. And you know, it's again, it's
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  that that cycle, that circle has been closed.
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  You know, shout out to Hot or Not.
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  Shout out to Peter McCormack for resisting the law fair.
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  And the, you know, the character attacks the private
• 6:28
  investigators to try to dox the space cat.
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  All of that BS. It is all coming to a close.
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  Craig Wright has been forced to admit that he perjured himself
• 6:41
  and he forged documents. So I'm glad that that saga is
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  finally coming to an end because, man, he was an enemy of
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  Bitcoin and all that. It stands for just going after
• 6:53
  specific Bitcoiners because of their speech, because they were
• 6:56
  saying that he's a fraud. Look, everyone should have the
• 6:59
  right to speak freely. And, you know, the whole thing
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  about freedom of speech is, you know, I might not like what you
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  have to say, but I'll protect your right to say it, right?
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  We have to be OK with that type of world.
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  I believe in that. You know, I welcome criticism.
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  If you, if you hate me, if you dislike me, if you, you know,
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  find something about me funny, you know, then, you know,
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  criticize me on Twitter and you know, I'll slap back.
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  That's the way things should be. There should be open discord
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  discourse and discussion. How it works right now, how the
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  legacy media worked and how the government works is this is the
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  official approved narrative and everyone just has to go along
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  with it. Those days are over.
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  The information age is killing that era of history.
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  And of course, Elon. I know as much Bitcoiners are
• 7:47
  fans of Noster. I'm a fan of Noster.
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  I post every day on Noster. In fact, some of my most
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  personal posts go on Noster. I didn't even post it on
• 7:56
  Twitter. So I'm a huge fan of the
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  platform. Very, very bullish on it.
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  But the reality is that Twitter has the network effect.
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  And since Elon freed the bird, made it, made it from Twitter,
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  and he made it into X, you know, that has done wonders for free
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  speech. And I think that that's been
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  incredibly positive for the world.
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  I know and I know a lot of people dislike Elon just because
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  of, you know, his, his chicoinery and his support for
• 8:22
  doge. But but yeah, I mean, he did
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  good in, in, in that sense. And I think it's two things
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  could be true at the same time. So yeah, pack show today, ladies
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  and gentlemen, we'll talk 1st about, you know, Trump's
• 8:35
  accusation against El Salvador and Naimbu Kelly.
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  We'll kind of explore to it beauty on how to great post.
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  And of course, we'll also talk about, you know, how much
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  Bitcoin it takes to be in the 1% overall.
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  It's going to be a loaded show. And of course, it's the Friday
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  show, baby. So we're going to have the meme
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  review. That's a fan favorite.
• 8:53
  And Opti's got those memes lined, guys.
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  So Opti, did you manage to catch the speech last night or was
• 9:01
  that the first time? OK, what literally was the first
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  time I've seen an RNC? Yeah, it.
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  Was the first time. It was the first time I've ever
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  seen an RNC thing. And I think it had to do with
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  with the attempted assassination attempt.
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  It from the Fiat political sense, like, you know, it felt
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  really good As Bitcoiners, we're one step ahead, right?
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  Because we're not just looking at it like, Oh my God, this
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  guy's going to come in and just save the thing.
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  It's this guy's going to come in, Let Bitcoin thrive, let
• 9:35
  Bitcoin do its thing. But like I've said earlier on
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  the week, the end goal here is ending the Federal Reserve.
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  That is the root cause of a lot. That is the root cause of a lot
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  of these problems, right? So, you know, I see Trump as a
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  means to that end. But when he goes out, when he
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  goes out there, like all the good of that speech, you know,
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  it was a very good speech and made me feel something as an
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  American. As soon as he criticized El
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  Salvador as a bitcoiner, I'm just kind of like, what's going
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  on there bro? So what's your take on that
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  Opti? Well, I've I don't have anything
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  to reference RNC presidential but acceptance not a speech.
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  So I, I can't really, you know, compare it to something in the
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  past, but overall, I don't know. I, I, I thought it was kind of a
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  mid speech, to be honest. Like there was a lot of, you
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  know, there's a good, good rhetoric, but it just didn't
• 10:31
  seem like it had too much weight to it, though.
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  There was a lot of conversation about energy and of course
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  inflation and like bringing the prices down and hopefully
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  building up a better economy, which is obviously right now one
• 10:44
  of the biggest polling. What do you call it Concerns,
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  Yeah, issues right now is everyone's realizing the economy
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  is absolutely wrecked. I think though, with with
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  without falling into the left versus right dichotomy, I think
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  it's very obvious that Trump would be better than the Biden
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  administration at this point. So on that note, yeah, like I, I
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  kind of think it's a, it's a no brainer if you're a bitcoiner
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  and you still do vote. But yeah, that, that quote right
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  there, that that little part of the speech on seemingly dunking
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  on El Salvador seemed kind of strange.
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  And then I don't know if you're going to pull up Naive
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  Buchelli's tweet, but he. Yeah.
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  So you know, you will. We'll talk about it later.
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  But yeah, I, I don't have anything really to compare it to
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  though. I don't know, I, I was kind of
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  hoping for like a funnier, more energetic Trump.
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  But it seemed since, you know, yeah, since he, you know, had an
• 11:38
  attempt on his life, he seemed a little more somber.
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  But I think it does lead to this idea of like being a strong
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  leader, you know, being a little more humbled, talking slower and
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  having a little more conviction in what he's saying.
• 11:52
  Hopefully this is where it's going.
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  But, you know, what do I know? I, I really didn't think there
• 11:56
  was too much meat in that conversation.
• 11:58
  Again, I'm not the most political person.
• 12:00
  It's the first RNC I've ever seen, but it's going to be
• 12:03
  interesting seeing what the the Democratic National Convention
• 12:08
  will look like and sound like considering it sounds like maybe
• 12:12
  Biden is dropping out now. So I, I don't know what's going
• 12:15
  on with that. Apparently we might get news
• 12:17
  over the weekend about it. So things are getting, things
• 12:20
  are getting a little little weird.
• 12:22
  You know, all of this talk from the legacy media about the a
• 12:25
  threat to democracy seems like it's coming from the left now,
• 12:29
  considering that the the populist won't even be able to
• 12:33
  vote for who their presidential candidate will be.
• 12:35
  So isn't it strange things that make you say anyways, we'll talk
• 12:39
  about this all in the show. What we're going to talk about
• 12:42
  in the culture today is about this global outage we saw this
• 12:45
  morning, you know, a bunch of airlines and and banks and.
• 12:49
  The Cynthia Lummis St. pulled. They don't, but I I can pull it
• 12:52
  up. But it does kind of remind me of
• 12:55
  a lot of pre programming we've seen in the last couple of years
• 12:58
  about cyber attacks or what was it called cyber Polygon or
• 13:01
  something like that. But this is a Bitcoin show and
• 13:04
  we have been talking about nodes this week.
• 13:07
  So this is a perfect way to put a bow tie on that conversation,
• 13:11
  especially just just the the very unoriginal thought and idea
• 13:15
  of just how incredible it is that Bitcoin is operational
• 13:18
  given given the fact that all these computers have brick
• 13:21
  today. You know, Bitcoin is the most
• 13:23
  resilient asset network and software ever created.
• 13:26
  And I checked my note this morning and my note is still
• 13:30
  running, you know, shouts out to Foss and open source software.
• 13:34
  And the fact that you know, there is no pushes on updates
• 13:38
  and nodes. And This is why I, I harped so
• 13:41
  hard yesterday on this idea of you guys running your own nodes,
• 13:44
  because again, you know, if you run the software, this won't
• 13:49
  happen to you. This open source software, you
• 13:51
  don't have to update your node if you don't want to.
• 13:54
  You don't get random updates that will break the whole
• 13:57
  network. Like this is the importance of
• 13:59
  running a node. And and now we have a real time
• 14:01
  example of this happening and not, of course, of course, not
• 14:04
  Bitcoin, but in the in the world at large.
• 14:07
  And so this is the culture and this is what we're talking
• 14:09
  about. And yeah, man, it sounds, it
• 14:11
  seems a little fishy considering all the conversations we've
• 14:14
  heard from the World Economic Forum about cyber attacks.
• 14:18
  So was this a test? Was this, was this, was this a
• 14:22
  quote UN quote just a bad update?
• 14:24
  I don't know. I got some videos and some takes
• 14:26
  from bitcoiners and I, I, I think we're going to have a good
• 14:29
  combo. And I, I do have memes.
• 14:31
  I, I was going to joke about not having memes, but no, I got
• 14:33
  memes. I got memes.
• 14:34
  So I'll make my thing short and then hopefully we get to the
• 14:37
  memes today. Guys, we always got memes.
• 14:39
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  U.S. dollars Realized monetary inflation 1.51% market
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  7.88%. In the grand scheme of things,
• 18:11
  we're just getting started. All right, ladies and gentlemen,
• 18:14
  let's talk about this because I got to say, you know, big fan of
• 18:18
  Trump obviously because he's been pro Bitcoin and of course
• 18:22
  you know, they try to assassinate him and I truly
• 18:26
  believe it's because he's been against the globalist.
• 18:29
  He's a populist. And of course, you know, I think
• 18:32
  Bitcoin and populism go hand in hand.
• 18:35
  So I got to say quite disappointed when he's
• 18:39
  criticizing another world leader that has been pro Bitcoin and
• 18:44
  much more pro Bitcoin than Trump has because Buchele went out of
• 18:48
  his way to make Bitcoin legal tender in El Salvador.
• 18:51
  And you know, and not, you know, but not help or or allow any
• 18:57
  chicoinery to thrive in the country.
• 18:59
  So not to mention the fact there's a lot in America,
• 19:02
  there's a lot in American myself, you know, watching what
• 19:06
  Buckele has done to El Salvador has been inspiring.
• 19:09
  I think it's been, you know, inspiring for the region.
• 19:12
  I think it makes El Salvadorians something to be proud of.
• 19:16
  As a lot of American, I feel proud of what Buckele has done
• 19:20
  in in El Salvador and visiting the country.
• 19:24
  I see the hope and people. I talked to so many people when
• 19:28
  I was down there, so many locals.
• 19:30
  I'm a native, I'm a native Spanish speaker.
• 19:32
  So I went out of my way to don't trust verify.
• 19:35
  And I can. And I can tell you for a fact
• 19:37
  that Bitcoin usage might not be mainstream in El Salvador, but
• 19:42
  you can definitely feel that people feel hope and optimism
• 19:45
  about the future. So, yeah, I'm quite disappointed
• 19:49
  that that Trump was went out of his way to criticize El
• 19:53
  Salvador. And what's really interesting to
• 19:56
  ladies and gentlemen is, you know, you have where I'm from,
• 20:00
  you have a lot of people from Venezuela, you know, crossing
• 20:03
  the southern border. You have a lot of people from
• 20:06
  other countries crossing the southern border.
• 20:08
  Why was it that he focused on El Salvador?
• 20:11
  Because El Salvador, I would say, is, is, you know, the
• 20:14
  shining country on a hill in Latin America.
• 20:17
  You know what, what's going on there?
• 20:19
  Could it be that Trump is, is jealous of, of Naimbu Kelly's
• 20:23
  success, of his limelight of, you know, the, you know, of, of
• 20:27
  the positive coverage on him? I saw Naimbu Kelly do an
• 20:31
  interview with Tucker and Naimbu Kelly gave Trump great advice
• 20:35
  right on, on how to win the election.
• 20:37
  So I don't get with the beef. They're also Trump's kids were
• 20:42
  at Naimbu Kelly's inauguration. So strange.
• 20:46
  I don't know what's going on. Anyways, so here's the The post
• 20:49
  Trump's accusations sparks debate over El Salvador's
• 20:52
  progress Former U.S. President Donald Trump accused
• 20:55
  El Salvador President Anbuchele of sending the country's worst
• 20:58
  criminals to the United States, a claim that has been widely
• 21:01
  criticized and refuted by various sources.
• 21:03
  I agree. I don't, I've never.
• 21:06
  And guys, I do a lot of research, my job, right, whether
• 21:09
  it's from the legacy media or from Bitcoin, Twitter and
• 21:13
  independent media. I haven't seen anything to back
• 21:17
  that up. Anyways.
• 21:18
  While Trump's statement has been met with criticism, the accuracy
• 21:21
  of his claims remain unsubstantiated.
• 21:24
  Buchelli's supporters emphasize the positive changes in El
• 21:27
  Salvador under his leadership, but the lack of evidence
• 21:30
  supporting Trump's accusation raises questions about his
• 21:34
  validity. And I agree and you know, and
• 21:37
  again, guys, I can't emphasize this enough.
• 21:39
  The world is not black and white.
• 21:41
  It's full of grace, right? So two things could be true.
• 21:45
  Trump being elected in the United States could be very
• 21:48
  positive, positive for the pro, for the Bitcoin industry in the
• 21:52
  US and also Naimbu Kele, you know, doing what he's doing in
• 21:57
  El Salvador is very positive for the Bitcoin movement worldwide
• 22:01
  and in El Salvador. So two of those things could be
• 22:04
  true at the same time, while at the same time Trump, you know, I
• 22:09
  don't know, going out of his way to to criticize Naimbu Kelly.
• 22:13
  Now, Naimbu Kelly responded to this because, of course,
• 22:16
  everyone was watching this speech.
• 22:19
  And Naimbu Kelly said, taking the High Road, here's our boy
• 22:22
  Javier Bastardo. And he said I would expect him
• 22:25
  to set the record straight. To be honest, it's too weird to
• 22:28
  talk about El Salvador in that way, especially when his son and
• 22:31
  some other reps come to your inauguration and someone people,
• 22:36
  a lot of people are basically saying he's talking about
• 22:38
  Venezuela, which is maybe he confused the countries.
• 22:42
  But again, I, I'm positive that that Trump wasn't talking about
• 22:48
  the president of Venezuela because I know he doesn't like
• 22:50
  Maduro. So he I know he was talking
• 22:52
  about Buchele. Yeah, I don't know.
• 22:55
  Anyways, here is Bution's take and he says if you think the
• 23:00
  baseless attacks on El Salvador are bad now, just wait until
• 23:03
  that country becomes the center of all Bitcoin activity and
• 23:06
  world e-commerce. Every conceivable and
• 23:09
  inconceivable lie will be told against El Salvador and its
• 23:11
  righteous government as it begins to rise and completely
• 23:15
  eclipse the collapse collapsing Western democracies.
• 23:18
  El Salvador has already beaten Western countries for safety
• 23:22
  statistics and this is an affront to Westerners who are
• 23:25
  jealous of President Naim Bukele and his popularity and the
• 23:28
  success of El Salvador and its spectacular comeback story and
• 23:32
  safety. Bear in mind also, through being
• 23:35
  first, any country that comes after with Bitcoin adoption and
• 23:39
  rational criminal reform will be copying President Naim Bukele's
• 23:43
  El Salvador miracle and by dint of this, a follower nation.
• 23:48
  These are plain facts. Whether or not you like them,
• 23:51
  they are true. El Salvador is a leader nation,
• 23:54
  not a follower nation. And leader nations go and come
• 23:57
  first. And no amount of rah rah
• 23:59
  rhetoric can change these facts. If you want to be first, you
• 24:03
  have to go first. You can't expect everyone in the
• 24:07
  world to wait for permission to do things from America.
• 24:10
  Those days are over. It's not the 40s, the 50s, the
• 24:13
  60s, or the 70s anymore. And going first doesn't mean
• 24:17
  getting computer illiterate crony capitalist buggy whip
• 24:20
  manufacturers to regulate how the automobile should be
• 24:23
  regulated. But it gets worse.
• 24:25
  Now Trump is considering notorious Luddite and anti
• 24:28
  Bitcoiner Jamie Dimon for Treasury Secretary after a love
• 24:32
  fest CEO meeting. What a pathetic joke.
• 24:35
  Jamie Dimon if dropped into this appointment will be the first to
• 24:38
  start Saul of Damascus level anti Buchelli anti Bitcoin
• 24:42
  propaganda. An attack from inside the Trump
• 24:45
  White House further crippling America's chance of dominance.
• 24:49
  You could see it coming a mile away.
• 24:51
  Steve Mnuchin was Treasury Secretary when Geo POTUS was
• 24:54
  POTUS. Apparently he stopped Trump from
• 24:57
  going after Bitcoin after having had it explained to him.
• 25:00
  Nice job Steve. He's not too bright.
• 25:03
  However, despite being fractionally better than others
• 25:05
  and way better than digital dullard diamond.
• 25:09
  The euphoria doesn't last long in the twenty 20s, does it?
• 25:12
  And you know what beauty on I know is also supporter of Trump.
• 25:16
  Big fan of Trump. But again, when you see a drop
• 25:19
  ball like that and beauty on did mention jealousy, but beauty on
• 25:23
  I think pointed it out when he said, you know, Trump can't say
• 25:27
  that he's now the 1st president to, you know, stomp out this
• 25:32
  crime wave. Naimbu Kelly is the 1st
• 25:35
  president. So does it come from that?
• 25:38
  It might, right? But I got to say I was, I was, I
• 25:42
  was quite disappointed. And you know, it's it's not
• 25:46
  cool. But at the same time, like, look
• 25:49
  at all the progress that El Salvador is making, right?
• 25:52
  Like, it doesn't surprise me either, you know, And in regards
• 25:56
  to Jamie Dimon, we were talking about this actually on
• 25:58
  yesterday's show. Yeah.
• 26:00
  I mean, you see already Donald Trump providing cover for Jamie
• 26:04
  Dimon going on the Forbes article and saying actually he's
• 26:07
  had a change of heart on Bitcoin.
• 26:09
  Now, here's the thing. I think Trump finds himself in a
• 26:12
  difficult spot because now that he's taking massive donations
• 26:16
  from our industry, you know, he has to have some type of loyalty
• 26:20
  towards the industry as well, right, Or he'll make his donors
• 26:25
  pretty upset, not to mention a big part of his of his voter
• 26:28
  base. So, you know, if Trump decides
• 26:31
  to go with with Jamie Dimon, you know, again, some donors might
• 26:35
  get upset, but it's not a good sign.
• 26:37
  Again, this criticism of this unwarranted criticism of El
• 26:43
  Salvador. And again, it did, you know,
• 26:45
  like as as beauty on was pointing out, it was coming from
• 26:48
  a place of, you know, perhaps jealousy, perhaps, you know,
• 26:54
  just perhaps wanting to be first and now knowing that you can't
• 26:57
  be first because El Salvador was first to the punch.
• 27:01
  But anyways, another news as well.
• 27:04
  This I just find it beautiful. I've, we coined the term that
• 27:10
  the, there's a law of, of, of politician and central banker
• 27:14
  projection. It's unbreakable.
• 27:16
  Everything that they accuse Bitcoin of, they are guilty of
• 27:19
  themselves. And ladies and gentlemen, here
• 27:20
  is Senator Menendez. Senator Menendez was basically
• 27:24
  accusing El Salvador of laundering money and, you know,
• 27:28
  criminal activity because of the Bitcoin law.
• 27:32
  And it's absolutely hilarious and poetic in a way that that
• 27:37
  same senator who called Bitcoin the ideal choice for criminals
• 27:41
  is convicted of bribery after they found giant wads of cash
• 27:46
  and literal gold bars in his in his Mercedes-Benz, which I find
• 27:52
  absolutely hilarious. So, yeah, I mean, it's, it's
• 27:56
  interesting to me that the potential future president of
• 28:00
  the United States and some of the politicians in the United
• 28:03
  States are so hell bent on attacking there.
• 28:09
  It is iron law of projection. So hell bent on attacking El
• 28:12
  Salvador. You know what that tells me?
• 28:14
  That El Salvador is over the target, baby, Whatever Naive
• 28:17
  Kelly is doing, keep doing it, man.
• 28:20
  Keep doing it, Mr. President, because obviously it's working.
• 28:24
  If it wasn't working, then you wouldn't have these attacks from
• 28:29
  the left and the right in the United States if Naimbu Kelly's
• 28:34
  strategies were not working. So, yes, as as someone who's pro
• 28:39
  Trump and his, his, his, his policy, I got to emphasize
• 28:44
  enough, loved his speech last night, but was very, very
• 28:48
  disappointed when he singled out El Salvador and Naimbu Kelly
• 28:53
  with his comments. Anyways, Opti, what's your take
• 28:55
  on all this? Yeah, so I stand corrected.
• 28:59
  I, I guess I misremembered. I thought it was a little more
• 29:01
  vague, but he and he even played in the beginning.
• 29:04
  I guess I'm still asleep. This coffee isn't kicking in.
• 29:07
  Yeah, this seems like a weird, weird step.
• 29:10
  I really liked Beauty On's take on this, considering that Beauty
• 29:14
  On is a huge Donald Trump fan. And I think as a bitcoiner, it's
• 29:19
  very important for us to, even if you are embracing someone,
• 29:24
  it's important to, you know, be critical on everything that
• 29:26
  they're doing and not having blind faith in everything that a
• 29:30
  politician tells us. Ron's talking shit about me.
• 29:33
  I think if Nico ever figured out how to say it, dude, I could say
• 29:38
  it. El Salvador.
• 29:38
  If you want me to say it in Spanish I can say it perfectly
• 29:41
  bro. Say it in English.
• 29:42
  Say it in English. El Salvador, that's not how you
• 29:47
  say it. You say Elsa Rathod, which is
• 29:49
  the actual name, but I'm trying to make it easy for you guys
• 29:53
  all. Right, well case.
• 29:55
  In point, I'm going to use the actual name.
• 29:57
  Now I'm not going to try. To make case in.
• 29:59
  Point they do they criticize you for it.
• 30:01
  Yeah, that's what I was going to say.
• 30:02
  Case in point, it's good to be critical.
• 30:05
  And I think as Bitcoiners, it's important for us to stay
• 30:08
  critical and not just blindly trust, you know, people that say
• 30:12
  good things about Bitcoin. So, you know, I think this is
• 30:15
  healthy. This is this is healthy for the
• 30:18
  US. And of course, this should be
• 30:20
  the case with other countries as well.
• 30:21
  Like we've seen in different parts of the world that you
• 30:24
  literally can't say anything about your government or
• 30:27
  they'll, you know, ostracize you, kick you off off the
• 30:29
  banking system, lock you up in jails.
• 30:32
  At least we, we still have that freedom of speech here in the
• 30:36
  US. Obviously he's not president.
• 30:37
  And when you know, like, we'll, we'll, we'll cross that road
• 30:40
  when we get there. But yeah, that, that was a
• 30:42
  weird, that was a weird tangent in that speech.
• 30:45
  But going to the Menendez story, you just got to love it.
• 30:50
  I absolutely love the what's the iron law of projection?
• 30:53
  Iron law. It was like I stole.
• 30:55
  It from the iron law of woke projection, which is like so on
• 30:58
  point and I started noticing the pattern with iron law of
• 31:02
  politician and central banker projection as it relates to
• 31:06
  Bitcoin. Anything they accuse Bitcoin of,
• 31:08
  they are guilty of themselves, which is just absolutely
• 31:11
  hilarious. And then I see some people in
• 31:13
  the comments like like Ron, he's basically saying like Nico, you
• 31:16
  should say, you know how obnoxious that is.
• 31:18
  I hate it in a conversation when someone's talking about like a
• 31:22
  Latin American country and they're just speaking in an
• 31:24
  English accent and they're like what they might else, you know,
• 31:27
  like it's like it's, it's kind of obnoxious when people say
• 31:30
  it's like Guatemala, right? Or like when you know it's
• 31:33
  because it's. Like a change in tune I I can
• 31:35
  barely speak Spanish and I still do it.
• 31:37
  Elitist. It's like a bit elitist.
• 31:39
  It's like, Oh yeah. So I went to Venezuela, you
• 31:42
  know, the other day, like that's like, it's like, OK, cool, bro,
• 31:45
  you can. Nope.
• 31:45
  You could pronounce it like, you know, like I don't know all.
• 31:49
  Right, all right, enough tangent.
• 31:50
  Nika triggered in the chat. They got triggered in the chat.
• 31:54
  The Menendez thing is hilarious. Like what do we always say here
• 31:57
  on the show? Into El Salvador.
• 31:59
  I have been there at Sabado. Alright, alright, alright.
• 32:07
  Let's get back to Menendez. It, it is.
• 32:10
  It is so funny to me that, you know, we say it every day,
• 32:14
  Bitcoin has a way of exposing people's incentives and usually
• 32:19
  the people that come out the hardest against Bitcoin are the
• 32:23
  very people that are doing the stuff that they project on
• 32:26
  Bitcoin. And it's just awesome that we
• 32:28
  see this happen. I, I don't know the time frame
• 32:31
  I, but I'm pretty sure it was last year of him, you know,
• 32:35
  cheating on Bitcoin and Bitcoiners in general.
• 32:37
  And now, you know, one year later, he's, he's in trouble for
• 32:41
  doing the very thing he told us that we were doing.
• 32:43
  So I just love to see it. And it seems like the lag
• 32:46
  between the lies and reality are becoming shorter and shorter.
• 32:50
  And I think this is a good thing.
• 32:51
  And, and we've been talking about this all week in regards
• 32:54
  to Larry Finks and Jamie Diamonds.
• 32:56
  And we've been covering it on the show for a long time about
• 32:59
  the corporate press where their lies just don't have the weight
• 33:03
  anymore. And the reality of the situation
• 33:07
  is starting to be exposed for more and more people.
• 33:09
  Us bit corners have been ahead of this for a long time, but now
• 33:13
  they're lies. They can't get away with it.
• 33:15
  And I think this is a good thing of the media smashing down into
• 33:21
  reality so more people can see what's actually happening in in
• 33:24
  the world versus believing all the propaganda and the lies.
• 33:27
  So, you know, I love to see these kind of stories come out
• 33:31
  because it just proves that the people, quote UN quote, the
• 33:33
  people in power, the people that are the most legit in the world,
• 33:36
  are really the biggest criminals in the world.
• 33:38
  So hey, winning so hard. This is the best timeline ever.
• 33:43
  Dude, see. No, no, it's the best.
• 33:45
  It's the best. Time makeup trigger in the chat
• 33:47
  room. Just talking about the thing I'm
• 33:49
  telling you, it's such like a like a weird thing, like maybe
• 33:53
  it's like a pet peeve bro. But like, you know, anyways,
• 33:57
  anyways, okay, before we move on to the next topic, I do want to
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  give a shout out to our sponsor. Of course, I'm talking about the
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  factory from 1910 with brick walls and tons of proof of work
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  now before they sell out. All right, everybody, let's hit
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  All right, everybody, let's get to the news.
• 36:42
  A little bit of a victory lap. Craig Wright referred to UK
• 36:48
  prosecutors for consideration of perjury and forgery charges
• 36:53
  today. Verdict A verdict was handed
• 36:55
  down against Craig Wright in the Copa versus CSW trial.
• 36:59
  Judge Miller ruled that Wright's behavior warrants a referral to
• 37:03
  the Crown Prosecutor Service for a a possible criminal
• 37:07
  investigation on charges of perjury and forgery of
• 37:10
  documents. The judge underscored that the
• 37:13
  gravity of Wright's actions and false statements could lead to
• 37:16
  an arrest warrant or extradition.
• 37:19
  Wright will also be barred from initiating further legal
• 37:22
  proceedings and any jurisdiction to re litigate his claim of
• 37:26
  being Satoshi Nakamoto. Quote.
• 37:28
  I have no doubt that I should refer the relevant papers in
• 37:31
  this case to the CPS for consideration of whether a
• 37:34
  prosecutor should be condemned against Doctor Wright for his
• 37:38
  whole scale perjury and forgery of documents, or whether a a
• 37:41
  warrant for his arrest should be issued, or whether his
• 37:44
  extradition should be sought from wherever he is, wherever he
• 37:49
  now is. All those matters are to be
• 37:51
  decided by the CPS. So here's Cobra, the Bitcoin
• 37:56
  white paper is now. This is a huge win bro.
• 37:59
  Hell yes. The Bitcoin white paper is now
• 38:02
  available for people in the UK to read freely.
• 38:05
  Once again, the default judgement obtained fraudulently,
• 38:08
  fraudulently by Craig Wright has been overturned.
• 38:12
  Thank you to everyone who helped.
• 38:14
  Right. So this is a big win.
• 38:16
  By the way, I suggest anyone, if you have a website, host the
• 38:21
  Bitcoin white paper on that website.
• 38:23
  If you go to Bitcoin, you go to my website, bitvault.com, you'll
• 38:26
  see Bitcoin white paper is hosted on that freaking website.
• 38:30
  So host the white paper on your website.
• 38:32
  Let this is this is you. You can't, you can't, you can't
• 38:35
  stop us. It's everywhere.
• 38:37
  This idea, it's, it's everywhere.
• 38:38
  It's spread like a, like a virus.
• 38:40
  It's all over the place, you know, and the Bitcoin white
• 38:44
  paper, it's only 9 pages and, you know, it's, it's such a,
• 38:48
  it's like the, the, I would say it's, it's as important of a
• 38:53
  document as the US Constitution in terms of, of humanities, you
• 38:59
  know, continued continued fight and continued pursuit of
• 39:07
  freedom, right? And I think that if the founding
• 39:10
  fathers had Bitcoin when they wrote the Constitution, it would
• 39:14
  have been part of the Constitution, right?
• 39:16
  But they didn't have it back then.
• 39:18
  So maybe Bitcoin is the last part of, you know, the last part
• 39:23
  that America needs in order to really fulfill its original
• 39:28
  vision that this country was based upon before being, you
• 39:32
  know, taken over by the central banking system, which we are
• 39:36
  going to take down peacefully anyways.
• 39:39
  So that being said, let's talk about how much Bitcoin it takes
• 39:43
  to. Be.
• 39:43
  Yeah. Wait.
• 39:44
  Before you go on, I just want to say to Craig Wright, you know,
• 39:46
  welcome to law. I'd love to see this.
• 39:48
  Keep it going. Mic drop.
• 39:51
  Love it. OK, so you guys absolutely love
• 39:55
  this topic. I love talking about this topic
• 39:57
  too. So let's talk about this topic.
• 39:59
  It is Friday, so we're gonna start with a meme.
• 40:01
  This is the Citadel, right? And kind of breaks it down into
• 40:06
  kind of like the tiers of of, of, of Bitcoin, of how much
• 40:10
  Bitcoin you need to be in the different tiers.
• 40:12
  And let's start with the very bottom right, the no coiner, no
• 40:18
  coiners, just a melting face. You know, $100.
• 40:22
  The rope $1000 point 001 The the the rope the .01 The cope, The
• 40:30
  .1 the hope, the .5 the suicide stack one BTC The break it 5
• 40:36
  BTC. The make it between 5 BTC and 10
• 40:40
  BTC. The generation of wealth 10 BTC.
• 40:43
  The Dukes 50 BTC. The Kings 100 BTC between the
• 40:49
  kings and the emperor's 500 BTC the emperor's 1000 BTC and then
• 40:54
  these two twins up top with 10,000 BTC.
• 40:57
  The Chad sailors and such and here's like the the Pepe frog
• 41:02
  the year of 2028 of the second age 1 Bitcoin is now worth
• 41:07
  1,000,000 USD adjusted for inflation.
• 41:10
  I really, really kind of enjoyed that.
• 41:12
  Here's like another meme before we move on to the next part.
• 41:16
  And this I think is more adjusted towards this epoch.
• 41:22
  That meme was created in the earlier epochs when obviously
• 41:26
  Bitcoin was a lot cheaper. So I like this one too.
• 41:30
  On the bottom Debt slave. It's so true.
• 41:33
  Dust or no sats, the Bitcoin pleb less than .01 BTC the
• 41:39
  Bitcoin soldier .01 to .25 BTC the Bitcoin mercenary .25 to .5
• 41:46
  Bitcoin, the Bitcoin Yeoman .5 to one Bitcoin, the Bitcoin
• 41:50
  knight one to three Bitcoin, the Bitcoin Baron three to 10
• 41:54
  Bitcoin, the Bitcoin Lord 10 to 20.99 Bitcoin and then the
• 42:00
  Bitcoin king 21 Bitcoin or above so moving on to the next bit.
• 42:06
  I think this has been one of the most accurate you.
• 42:09
  There's no way to know that, so just scratch what I just said.
• 42:14
  But I think that this has been one of the charts that I think
• 42:16
  has helped me kind of break this down in terms of how much
• 42:20
  Bitcoin it takes to be in the 1%.
• 42:23
  And it breaks it down by the number of Bitcoin holders and
• 42:27
  the amount. So obviously I'm, I'm, yeah, I
• 42:29
  mean, let's start with what it takes to be in the top 50%.
• 42:32
  So it takes about .37 Bitcoin, .037 To be in the top 20%, it
• 42:39
  takes about .56 Bitcoin. To be in the top 10%, it takes
• 42:43
  about 1.28 Bitcoin. To be in the top 5%.
• 42:47
  It takes about four Bitcoin to be in the top four percent. 5.4
• 42:53
  to be in the top three, 7.44 to be in the top 2710.56.
• 42:58
  To be in the top 1% takes 15. To be in the top .1% it takes
• 43:04
  89. To be in the .03% it takes 215.
• 43:09
  To be in the .01% takes about 433.
• 43:13
  To be in the .0003% takes about 2189 BTC.
• 43:19
  To be in the top .001% takes about 7000.
• 43:24
  Hey Nico, the chat's asking if you can zoom in on those
• 43:26
  numbers. Oh yeah, for sure, absolutely.
• 43:28
  Here you go. I hope this is useful for you
• 43:31
  guys. And then it also kind of breaks
• 43:33
  down how much people are in these categories, right?
• 43:36
  So in the 1%, there's about 225,000 people in that category.
• 43:42
  In the point 1%, there's only about 17,000.
• 43:45
  That's at about an NBA arena fill fill of people.
• 43:48
  So it's really in the grand scheme of things, not that many
• 43:50
  people. In the top .03% there's only
• 43:53
  about 5000 people. In the top .01% there's only
• 43:57
  about 1700 people. In the top .003% there's only
• 44:02
  about 500 people and the top .001% there's only about 250
• 44:06
  people. So, you know, as you can tell,
• 44:08
  it just gets, you know, lower amount of people as it goes
• 44:11
  higher, higher amount of Bitcoin required to kind of fit into
• 44:14
  those categories. And just to kind of give you
• 44:17
  guys an idea also, I think this is something to keep in mind,
• 44:19
  right? We always hear about the ETFs
• 44:22
  and these businesses and the government's like, Oh my God,
• 44:24
  they have so much Bitcoin. But remember, Bitcoin started as
• 44:28
  a grassroots movement, started from the bottom up.
• 44:31
  Satoshi didn't hit up Jamie Dimon said, yo, Jamie, I got
• 44:35
  some special deal for you, bro. I got some, you know, early
• 44:38
  Bitcoin, you're going to get it cheap.
• 44:40
  No, no, no, no, no. It was individuals.
• 44:43
  It was individuals that sacrificed their CPU power
• 44:47
  initially to support the Bitcoin network when Bitcoin was worth
• 44:51
  nothing. And those individuals were
• 44:53
  rewarded the most, rightly so, right?
• 44:59
  And the bulk majority of Bitcoin is actually held by, you guessed
• 45:05
  it, individuals. So almost 12 million Bitcoin out
• 45:08
  of the 21,000,000 is held by individuals, only 758,000 is
• 45:13
  held by businesses. Even with the ETFs going bananas
• 45:17
  and Burt are like you know ape shit going into the bit into
• 45:22
  Bitcoin, they still only hold about 818,000 Bitcoin.
• 45:26
  Governments hold about half a million.
• 45:28
  So bullish on that number so, but keep in mind ladies and
• 45:31
  gentlemen, the people buying Bitcoin right now are the
• 45:34
  businesses, the ETFs and the government.
• 45:36
  So if you're selling Bitcoin right now, you're selling it to
• 45:39
  them. We want more Bitcoin in the
• 45:41
  hands of individuals and of course the miners, you know,
• 45:44
  rightly, rightly so, own about 714,000 Bitcoin and Satoshi
• 45:51
  holds about 1,000,000 Bitcoin. But I personally, this is my
• 45:55
  belief. I could be completely wrong
• 45:57
  here. I, I don't think those coins are
• 46:00
  ever going to move. I think those keys were lost a
• 46:03
  long time ago. And and of course, it's
• 46:07
  estimated that between 3:00 and 4:00 million Bitcoin is lost and
• 46:12
  gone forever. So especially in the early days
• 46:16
  when just people didn't think it was worth anything, here is, oh,
• 46:20
  what did I do? OK, here, here is gloss node and
• 46:23
  kind of break it down and also break it down by individual
• 46:27
  cohorts. And I'm going to, I also connect
• 46:28
  this with with the ultra high net worth individual
• 46:34
  conversation. So an ultra high net worth
• 46:36
  individual is defined as someone who, it's kind of changed as of
• 46:40
  late, but it's, it's defined as someone who has a net worth of
• 46:46
  between 30 and $50 million. And when Bitcoin reaches a
• 46:51
  million, the percentage of ultra high net worth individuals that
• 46:57
  are going to be Bitcoiners actually going to be quite high.
• 46:59
  It's going to be like 30 to 40% of the population of the ultra
• 47:03
  high net worth population. And if you break it down, right,
• 47:07
  so you just kind of Add all these numbers up, it roughly
• 47:09
  gives you about 25,000 people in this category of people that own
• 47:14
  50 Bitcoin or more. So once Bitcoin hits $1 million,
• 47:19
  it's about 25,000 people that are going to be worth $50
• 47:23
  million or more that are going to be bitcoiners.
• 47:26
  I'm very bullish on that number because ultra high net worth
• 47:31
  people are the people that influence politics.
• 47:33
  They influence the world. Currently it's a contillion air
• 47:36
  conference in Davos with the contillion airs, of course, that
• 47:40
  have benefited from the Fiat system.
• 47:42
  As Bitcoin continues to grow, it's going to be Bitcoiners that
• 47:45
  are going to be influencing world politics and all that.
• 47:48
  So, yeah, so just kind of give it a breakdown.
• 47:51
  Humpback whales, There's only about you need 5000 Bitcoin to
• 47:55
  fit into that category. There's only roughly 220
• 47:58
  individuals according to this Glass node data.
• 48:01
  A whale is defined as someone between 1000 to 5000 Bitcoin.
• 48:05
  There's roughly only 2000 people in that category.
• 48:07
  A shark is someone between 500 to 1000 Bitcoin.
• 48:11
  There's roughly 1500 people that fit into that category.
• 48:14
  A dolphin is someone between 100 and 500 Bitcoin.
• 48:17
  There's only about 10,000 people that fit into that category.
• 48:20
  A fish is someone who has 50 to 100 Bitcoin.
• 48:23
  There's only about 11,000 people that fit into that category.
• 48:27
  An octopus is someone who has 10 to 50 Bitcoin, roughly 72 1000
• 48:31
  people fit into that category. A crab is someone who between A1
• 48:35
  Bitcoin and 10 Bitcoin, there's roughly about half a million
• 48:38
  people that fit into that category.
• 48:40
  And a shrimp is someone who has less than one Bitcoin.
• 48:43
  There's roughly about 22 million people that fit into that
• 48:46
  category according to the glass node data.
• 48:48
  Now this is what I was talking about in regards to the, the,
• 48:53
  the glass node data, you know, and just kind of the rankings,
• 48:56
  right. Credit Suisse again defines
• 48:59
  someone with an ultra high net worth as someone who has $50
• 49:04
  million or above. So again, you know, once Bitcoin
• 49:08
  reaches these levels, you know, big percentage of that is going
• 49:11
  to be Bitcoiners. Now what what is your wealth
• 49:15
  bracket denominated in Bitcoin? Are you know, here is river,
• 49:19
  they kind of put together this nice little chart and it breaks
• 49:22
  it down by age group, right. So how much Bitcoin do you need
• 49:26
  to be in the top 1% based on your age?
• 49:31
  And of course, this is in Fiat purchase.
• 49:34
  So what they took is they took Fiat and, and they said, OK,
• 49:38
  this is the Fiat price. This is the, this is how much
• 49:42
  your net worth needs to be in Fiat terms to be in these top
• 49:45
  brackets, right? So someone who is in the top 1%
• 49:50
  in the United States is someone defined with a wealth of about
• 49:54
  12 between it's between 10 to $12 million USD.
• 49:58
  If you have a net worth of that, you're considered to be in the
• 50:02
  top 1% of the United States. But of course, that varies by
• 50:05
  age, right? Someone who is older has
• 50:08
  obviously had more time to accumulate wealth than someone
• 50:12
  who is younger. So we're going to go through
• 50:15
  kind of the age groups of, let's start with the top 10% and then
• 50:20
  we'll move on to the top 1%. So between the ages of 18 and
• 50:24
  24, to be in the top 10% of Bitcoin holders, you need about
• 50:29
  2.689 Bitcoin. To be in the top 1% of Bitcoin
• 50:33
  holders in the age group of 18 to 24, you need about 99.5
• 50:38
  Bitcoin. In the ages of 25 to 29, to be
• 50:42
  in the top 10%, you need 4.3 Bitcoin.
• 50:45
  To be in the top 1% between the ages of 25 to 29, you need about
• 50:50
  30 point nine to four Bitcoin. In the ages of 30 to 34, you
• 50:54
  need about 7.8852 to be in the top 10%.
• 50:58
  To be in the top 1% you need about 38.4 to 9% to be in the
• 51:03
  top 1% of the 30 to 34 age group.
• 51:06
  In the 35 to 39 you need 12.597 Bitcoin to be in the top 10%.
• 51:13
  And to be in the top 1%, you need about 69.
• 51:16
  To be in the top 1% of the 35 to 39, 40 to 44, you need 17.
• 51:23
  To be in the top 10%, you need 114.
• 51:26
  To be in the top one percent, 45 to 49, you need 20.
• 51:30
  To be in the top 10%, you need 126 to be in the top 1%.
• 51:36
  And 50 to 54, you need 37 to be in the top 10%.
• 51:42
  You need 192 to be in the top 1%, 55 to 59.
• 51:47
  You need 38 to be in the top 10%.
• 51:49
  You need 224 to be in the top 1% sixty to 64.
• 51:55
  You need 44 to be in the top ten, and you need 260 to be in
• 52:00
  the top one percent, 65 to 69 you need 43 To be in the top
• 52:05
  10%, you need 322 To be in the top one percent, 70 to 74, you
• 52:12
  need 43 To be in the top 10%, you need 273.
• 52:16
  To be in the top one percent 75, you need 42 to be in the top
• 52:21
  10%, you need 289 to be in the top 1% and 80 plus you need 37
• 52:27
  to be in the top 10% and you need 236 to be considered in the
• 52:32
  top 1%. So again, a variety of different
• 52:35
  data kind of laying it out for you guys.
• 52:37
  But what I will say right, is if you have one Bitcoin, I I like
• 52:43
  that, you know that British huddle thing that he does.
• 52:46
  If you have one Bitcoin, I think you are in an elite group.
• 52:51
  If Hal's Finney, Hal Finney's prediction comes true of, you
• 52:56
  know, $1 million Bitcoin, sorry, $10 million Bitcoin, I think you
• 53:01
  know, more than one Bitcoin is going to be more than enough in
• 53:05
  my humble opinion. So I think you need to get to 1
• 53:08
  Bitcoin and you know, the the meme last cycle with American
• 53:13
  Huddle was 6.15 eternal riches, you know, big things, you know,
• 53:20
  I think it was it was feasible. You know, when, but when the
• 53:24
  Bitcoin prices were in the, in the 10 KS and 35 hundreds,
• 53:28
  right. But now that bitcoins in the,
• 53:30
  you know, 66,365, you know, not that many people have that that
• 53:35
  type of purchasing power to get 6.15.
• 53:38
  So I would say try to get to 1 Bitcoin, especially if you're
• 53:40
  new, do whatever it takes. I think you will have a couple
• 53:44
  of years where it's going to range in this price.
• 53:47
  I think we'll you know, maybe we'll top out in the couple
• 53:50
  $100,000 range, but we will come back down.
• 53:53
  So you will have a, you know, the next, I would say you know,
• 53:58
  next 2-3 years at this kind of range, plus or minus probably
• 54:03
  more on the upside where you'll have an opportunity to stack to
• 54:07
  one and do whatever you have to do in order to try to get to 1
• 54:12
  Bitcoin. Cuz I think with one Bitcoin,
• 54:14
  you'll be fine. I think you'll be more than fine
• 54:16
  in my humble opinion. So anyways, I know you guys love
• 54:21
  this type of content. So I hope you guys enjoyed it.
• 54:23
  We try to do it at least once a month and we'll, we'll take a
• 54:27
  different angle every single time, but I hope you guys found
• 54:31
  found that valuable. Anyways, Opti, what do you
• 54:33
  think? Well, I heard a lot of numbers
• 54:36
  Nico and I am a keep it simple stupid kind of guy and I am
• 54:42
  still convinced that if you hold one coin, which is starting to
• 54:46
  become. I agree.
• 54:48
  Unfeasible for a lot of people. Then you will be in the upper
• 54:51
  echelons of wealth in the entire world.
• 54:54
  Do we know how long this is going to take?
• 54:56
  No idea, but if you just simply break down the math, you know,
• 55:00
  21 million Bitcoin, what about 8 billion people?
• 55:04
  Someone do the quick maths for me.
• 55:05
  It's it's a pretty low percentage of the total
• 55:08
  population. And so right now, like you were
• 55:11
  saying, I think it's super important for people out there,
• 55:13
  especially if they're new entrants or maybe you've been in
• 55:16
  Bitcoin for a couple of years. It's very important to try to
• 55:18
  accumulate as much Bitcoin as possible.
• 55:20
  As I say, all the time we are playing Hungry Hippo, we are
• 55:23
  playing Pac-Man here with Bitcoin.
• 55:24
  The name of the game is accumulation.
• 55:27
  You want to hold on to this Bitcoin for as long as you can,
• 55:30
  you know, live below your means, save Bitcoin.
• 55:33
  And you know, in a decade or two, I think you will be in a
• 55:36
  very, very good position. As Kaiser always says, he who
• 55:40
  owns the bitcoins makes the rules.
• 55:42
  So I think just very simply, Bitcoin is the best money in the
• 55:46
  world right now. They can print dollars to
• 55:49
  Infinity. There is a hard cap on Bitcoin.
• 55:52
  So I'm still convinced that a lot of us bitcoiners aren't
• 55:56
  bullish enough, especially the last four years.
• 55:58
  You know, the, this crabby, you know, bull market scene we've
• 56:03
  been in, we, we didn't really even get a full bull market last
• 56:06
  cycle. And I, I think we all kind of
• 56:08
  have some PTSD in where we don't, we don't want to get too
• 56:12
  bullish because we don't want to get what I cannot even say it.
• 56:17
  We don't want to get blue balled.
• 56:18
  You know, we're all sitting here like, man, we, we didn't get the
• 56:20
  price pump we thought we would the last time it pumped.
• 56:23
  And so we're all kind of underestimating where the price
• 56:26
  is going. There's the means of diminishing
• 56:28
  returns, but on a long enough time frame, if you own one
• 56:31
  Bitcoin, I'm convinced that you will be holding an incredible
• 56:36
  amount of wealth and two people that you know, never think they
• 56:39
  can get to one Bitcoin. I think any of the stats that
• 56:41
  you hold today long term as you continue to accumulate will be
• 56:46
  worth a lot more than they are today.
• 56:48
  As CK always says, none of us are bullish enough.
• 56:50
  What's it 37 SAT is generational wealth.
• 56:53
  So really, when you get down to the numbers in a long enough
• 56:58
  time frame, as our boy Chris was saying last week in regards to
• 57:02
  people stack shaming themselves, in 100 years, you know one Sat's
• 57:06
  going to be the block reward. And if you do some simple math
• 57:09
  of what the block reward is today, then you can kind of
• 57:12
  speculate on how much a single SAT will be worth in the future.
• 57:15
  And I am just convinced it's going to, it's going to be an
• 57:18
  incredible amount. It's going to be exponential
• 57:21
  amount of gains compared to what we are seeing today and we I
• 57:24
  think we are all as much as big corners.
• 57:26
  We love to say that we need to lower our time preference.
• 57:30
  Time preference. You know, we're still like, man,
• 57:33
  why isn't Bitcoin $1,000,000 in Fiat terms today?
• 57:36
  You know, we're all, we're all like, man, just get there.
• 57:38
  Just please get there. I'm, I'm tired of being a wage
• 57:41
  cut. I'm tired of being in the Fiat
• 57:43
  matrix. I, I, I want to get rich now
• 57:46
  because we all know, you know, as the meme goes, like money
• 57:49
  doesn't buy you happiness. But hey, I've never seen a
• 57:52
  unhappy person on a jet ski. So money does improve your life.
• 57:57
  It's not going to make you a better person if you're empty
• 58:00
  and hollow inside and having more money won't fix that.
• 58:02
  But if you huddle these sats, it will build character.
• 58:06
  So continue to stack sats and again, just simple math
• 58:09
  21,000,000 / 8 billion people if you hold a coin, yeah, I think
• 58:13
  even if you hold half a coin, I think the math is still in your
• 58:16
  favor and you will be in the upper echelons of wealth moving
• 58:19
  forward. So I think us Bitcoiners just
• 58:22
  need to kind of relax a little bit and huddle our sats.
• 58:30
  Yeah, man, I completely agree. I completely agree.
• 58:34
  Get yourself to one Bitcoin. It's really as simple as that.
• 58:38
  I agree with British Huddle in that sense.
• 58:41
  It like just get yourself do whatever it takes to get
• 58:43
  yourself to one Bitcoin and you will literally you're running
• 58:46
  out of time like because it's just going to be progressively
• 58:49
  harder and harder hustle and. Bride to one coin.
• 58:52
  I, I, I had a man, how do I say this?
• 58:58
  I had a lot more. I have a I've had, as I've
• 59:01
  gotten older, I've had more purchasing power, right?
• 59:04
  As you know, your career continues to develop, but I've
• 59:08
  never been able to stack as much as I was able to stack when I
• 59:13
  had less purchasing power back when the price of Bitcoin was,
• 59:18
  you know, $600 a $1000. It's just because it just gets
• 59:23
  progressively more expensive. So let that be a lesson, right?
• 59:28
  Like just, you know, try to get to 1 Bitcoin that's like, you
• 59:33
  know, do whatever it takes and your life will get better for
• 59:38
  it. And I think it's like it you get
• 59:41
  to one Bitcoin and you wait, you know, five years, 10 years, like
• 59:46
  you're going to be really, really, really, really happy you
• 59:48
  did. Here's a comment from the
• 59:50
  future. Anarchy says only .1% of the
• 59:52
  world holds Bitcoin and only .0125% of the world owns one or
• 59:57
  more Bitcoin. That's a really good point,
• 59:59
  right? Anyways, everybody, let's get to
• 1:00:01
  the culture. Lots to talk about, Let's check
• 1:00:03
  it out. The daily culture, all right.
• 1:00:14
  Everybody I do want to give a shout out to our sponsor, the
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  with the bitcoiners that are near you.
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  It has a really cool geographical feature allow you
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  to DM them and you connect with fellow bitcoiners Stack friends
• 1:00:44
  who stack sats. One of the best ways to reach
• 1:00:46
  me. I don't really answer Twitter
• 1:00:48
  DMS or e-mail flooded with messages these days, but if you
• 1:00:51
  want to reach me, send me Adm on the Orange Pull app and I will
• 1:00:54
  get back to you. If you're going to Nashville
• 1:00:56
  next week and you don't know any of the side events, the Orange
• 1:00:59
  pull Up is a great resource for finding out the latest and
• 1:01:02
  greatest events of Bitcoin events near you.
• 1:01:05
  So guys, download the freaking Orange pull up today.
• 1:01:09
  It's awesome, it's dope. Scan the QR code or check the
• 1:01:13
  link in the video description. All right, everybody.
• 1:01:17
  Opti, what do you have for us today, my friend?
• 1:01:20
  Well, well, well, interesting times we live in.
• 1:01:24
  And apparently this morning we had a global outage because of a
• 1:01:29
  bad update. So we're going to talk about
• 1:01:31
  this and of course we're going to bring this and and wrap this
• 1:01:34
  around into Bitcoin because I have been talking about nodes
• 1:01:37
  and hey, you know, Bitcoin, Bitcoin didn't stop.
• 1:01:40
  Bitcoin has the best up time period and I checked my node
• 1:01:42
  this morning. Hey, Bitcoin still running.
• 1:01:45
  Who would have guessed? Who would have knew that
• 1:01:47
  decentralization in Bitcoin and open source software for the
• 1:01:50
  win? Anyways, I'm over here on
• 1:01:52
  Reuters for the audio listeners and we got an article here just
• 1:01:56
  kind of covering some of the stuff that's happening.
• 1:01:58
  So global tech outage disrupts industries and highlights online
• 1:02:02
  risk. And I'm going to wrap this into
• 1:02:05
  a lot of the pre programming we've seen in the last couple of
• 1:02:07
  years. So again, some highlights.
• 1:02:09
  Crowdstrike software updates trigger outages for Microsoft
• 1:02:12
  users. Crowdstrike ranks amongst
• 1:02:14
  leading global cybersecurity firms, lol.
• 1:02:17
  Wide range of industries affected.
• 1:02:19
  Companies reporting restored services after outages.
• 1:02:22
  And Crowdstrike shares fall, cybersecurity rivals gain.
• 1:02:25
  So a worldwide tech outage this morning crippled industry from
• 1:02:28
  travel to finance on Friday before services started coming
• 1:02:31
  back online after hours of disruption, highlighting the
• 1:02:34
  risk of a global shift towards digital interconnected
• 1:02:37
  technologies. I'm not going to read the whole
• 1:02:38
  article, just kind of highlight some of the industries that did
• 1:02:41
  get affected. So we have crowd strike.
• 1:02:43
  CEO George Kurtz said on social media platform X that a defect
• 1:02:48
  was found in a single content update for Windows host that
• 1:02:51
  affected Microsoft's customers and that it fixed was being
• 1:02:55
  deployed. Microsoft later said it was
• 1:02:57
  fixed. So just going down this article
• 1:02:59
  a little bit, just kind of highlighting what happens when
• 1:03:02
  you push an update that has a bug and messes up the global
• 1:03:06
  interconnected digital Internet world we live in.
• 1:03:08
  So early on Friday, major US airlines, American Airlines,
• 1:03:12
  Delta Airlines and United Airlines grounded flights while
• 1:03:15
  other carriers and airports around the world reported delays
• 1:03:18
  and disruptions. Banks and financial services
• 1:03:20
  companies from Australia to India and Germany warned
• 1:03:23
  customers of disruptions, and traders across markets spoke of
• 1:03:26
  problems executing transactions. A quote here from one trader.
• 1:03:30
  We are having the mother of all global market outages.
• 1:03:33
  In Britain, booking systems used by Dockers were offline,
• 1:03:36
  multiple reports posted on X by medical officials said, while
• 1:03:39
  Sky News, one of the country's major news broadcasts, was taken
• 1:03:43
  off air and apologized for being unable to transmit live.
• 1:03:47
  And the last little highlight, even government agencies were
• 1:03:49
  affected by this because apparently everyone's running
• 1:03:52
  windows. Amazing, amazing.
• 1:03:55
  So, you know, just doubling down, getting some takes from
• 1:03:57
  bit corners. Boy, bend the car, man goes.
• 1:03:59
  Why is so much infrastructure using Windows?
• 1:04:02
  And there's this clip from Disclose TV of Sky News.
• 1:04:05
  They literally like recorded an update from their iPhone and the
• 1:04:08
  audio's all messed up, but their whole system was down.
• 1:04:11
  Apparently people were getting a blue screen of death because
• 1:04:14
  they're all running Windows. Amazing, amazing.
• 1:04:17
  Anyways, going further down and this is where I put my tinfoil
• 1:04:22
  hat on. I saw this great quote here from
• 1:04:24
  Whitney Webb and she goes for those interested in the recent
• 1:04:27
  news regarding Crowd Strike, consider that Crowd Strike is
• 1:04:30
  part of the Global Cyber Alliance, part of the World
• 1:04:33
  Economic Forum LED effort to force you to adopt Digital ID
• 1:04:36
  for Internet access in order to stop cybercrime.
• 1:04:39
  Microsoft is part of this to see above article for more on the
• 1:04:42
  groups pushing Digital ID as a prerequisite for Internet access
• 1:04:46
  and the push to end online privacy, see entirely.
• 1:04:50
  They include the GCA, the World Economic Forum, Partnership
• 1:04:53
  Against Cybercrime, and several more.
• 1:04:56
  And remember this video here of our favorite villain clause
• 1:05:01
  Schwab. So I'm going to play this and
• 1:05:04
  you know, this was July 8th, 2020.
• 1:05:06
  So just kind of interesting to see that the pre programming is
• 1:05:10
  happening and then it's they're so ahead of the curve.
• 1:05:13
  You know, they've been talking about this for a while, that
• 1:05:15
  there's going to be cyber attacks.
• 1:05:16
  That's going to be a global. Cyber.
• 1:05:18
  Exactly. So let's play this and then we
• 1:05:20
  can chat about it. Still pay insufficient attention
• 1:05:25
  to the frightening scenario of a comprehensive cyber attack,
• 1:05:31
  which would bring to a complete halt to the power supply,
• 1:05:37
  transportation, hospital services, our society as a
• 1:05:41
  whole. The COVID-19 crisis would be
• 1:05:46
  seen in this respect as a small disturbance in comparison to a
• 1:05:53
  major cyber attack. To use the COVID-19 crisis as a
• 1:06:00
  timely opportunity to reflect on the lessons cyber security
• 1:06:07
  community can draw and improve our in preparedness for
• 1:06:13
  potential cyber pandemic. Amazing, amazing.
• 1:06:18
  So that's from the horse's mouth.
• 1:06:20
  And, and, you know, not, not the irony isn't lost on me that it
• 1:06:24
  says the Great Reset literally in the background.
• 1:06:26
  But hey, you know I'm a conspiracy theorist.
• 1:06:28
  This guy's a fucking. Psycho.
• 1:06:30
  Yeah, literally. But this does also lead into
• 1:06:33
  some of the pre programming we see come out of the the
• 1:06:36
  entertainment sphere. Remember the movie on Netflix
• 1:06:39
  that got everyone's panties in the bunch which was produced,
• 1:06:42
  executive produced by the Obamas called Leave the World Behind?
• 1:06:45
  Where, you know, a pandemic happens and everyone freaks out
• 1:06:48
  because there's no Internet and no phones and everyone's
• 1:06:50
  wondering how to interact in the in the modern world.
• 1:06:53
  Well, yeah, maybe it's a good time to rewatch this because it
• 1:06:57
  seems like either we just had a test run.
• 1:06:59
  It was a bug, you know, update. Sorry, we pushed the bad update
• 1:07:03
  or was this, I don't know, I don't want to say planned or
• 1:07:07
  something, but hey, it's just very interesting that we've seen
• 1:07:11
  the pre programming come out of media.
• 1:07:12
  We've seen the World Economic Forum talk about this.
• 1:07:15
  They've been talking about the cyber Polygon attacks for years
• 1:07:19
  now. And then we get this bug that
• 1:07:22
  literally shuts off travel, finances, media, corporations,
• 1:07:27
  you know, the government agencies, medical devices.
• 1:07:31
  And it's because everyone is using Windows.
• 1:07:34
  So, you know, just getting some Bitcoiners takes here.
• 1:07:36
  Before we talk about just how robust the Bitcoin network is
• 1:07:40
  and why you should be running unknown, Here's Senator Cynthia
• 1:07:43
  Lummus. And she goes, do you know what
• 1:07:44
  form of currency hasn't been affected by a widespread cyber
• 1:07:47
  outage? Bitcoin, Bitcoin and, you know,
• 1:07:50
  going further. Remember all of the flood we've
• 1:07:52
  heard for forever about Bitcoin. But what if the Internet goes
• 1:07:55
  out? Well, it seems like it almost
• 1:07:57
  did. And Bitcoin is still running and
• 1:07:59
  it's pumping, and you just love to see it.
• 1:08:02
  But this is where we go into the conversation we've been having
• 1:08:05
  this week about you guys running nodes.
• 1:08:07
  Shout out to Pierre Rashard, one of the OG goats out here, one of
• 1:08:10
  the OG memers. And he goes, one of the most
• 1:08:13
  important features of Bitcoin node software is the absence of
• 1:08:16
  automatic updates pushed by developers.
• 1:08:18
  Users have to voluntarily seek out and run new versions.
• 1:08:23
  And then he dunks on Ethereum, which you just love to see.
• 1:08:25
  And then I'm over here on Bitbo. Well, really Bitcoin uptime.com
• 1:08:29
  by Bitbob and you can see Bitcoin point uptime ticker.
• 1:08:32
  You know, it's been up 99.98914894313% of the time
• 1:08:38
  since its inception on January 3rd, 2009 and the only time it
• 1:08:42
  was down was very early in Bitcoins history.
• 1:08:45
  It's been running for I, I forget the number.
• 1:08:47
  Here we go. Last downtime event was 4148
• 1:08:51
  days ago, which is a long time from here.
• 1:08:54
  And you know, just just adding on to this dunking on this a
• 1:08:57
  little bit, shouts out to the boys over at Bitcoin.
• 1:08:59
  Well, because they go Bitcoin never goes down, obviously, but
• 1:09:02
  your favorite exchange might self custody all your Bitcoin so
• 1:09:05
  you don't have to ask for permission and hope the faulty
• 1:09:08
  centralized databases are operational just to use your
• 1:09:10
  Bitcoin. And then I'm going to leave you
• 1:09:12
  with a little bit of homework here.
• 1:09:14
  Shouts out to Bitstein again, an OG Bitcoiner.
• 1:09:17
  Him and Pierre Rashard basically made all the Bitcoin memes we
• 1:09:20
  love and he goes repeat after me.
• 1:09:22
  Trusted third parties are security holes.
• 1:09:24
  So go to Nakamoto Institute or just search on Google.
• 1:09:27
  Trusted third parties are a security holes.
• 1:09:29
  Reread this. And This is why I wanted to
• 1:09:32
  bring this up today, excuse me, since this week we were talking
• 1:09:36
  about you guys running a node and you guys running the
• 1:09:39
  software yourself, hopefully on open source software.
• 1:09:43
  So you're not running Windows. And I mean, even on this point,
• 1:09:47
  you know, all the Linux users out there feel vindicated
• 1:09:49
  because Linux is running great, Windows is down, and you guys
• 1:09:53
  can shame me for using Apple all you want, but at least my
• 1:09:57
  Bitcoin node software is completely open source.
• 1:10:00
  It's running as designed. And this is the importance of
• 1:10:03
  you guys running a Bitcoin node. So the robustness of the Bitcoin
• 1:10:08
  network continues to propagate. Bitcoin is the most resilient
• 1:10:11
  asset, the most resilient network and the most resilient
• 1:10:13
  software period ever created. And in the face of the, the, all
• 1:10:18
  of the computers being bricked, the Bitcoin network is up.
• 1:10:21
  And furthermore, the irony isn't lost on me that, you know, some
• 1:10:25
  banks and financial services went down.
• 1:10:27
  I saw that Zelle and PayPal and all of the payment apps that
• 1:10:32
  people use were down. And remember what all the
• 1:10:35
  central bankers have been telling us forever.
• 1:10:37
  This is all about payments, guys.
• 1:10:38
  It's only about payments. It's it's only about making more
• 1:10:41
  efficient payments. And yet the Bitcoin network just
• 1:10:44
  keeps chugging along. And I think it's going to
• 1:10:46
  become, as we're seeing in the political sphere, as we're
• 1:10:48
  seeing in the corporate press narratives, we're going to see
• 1:10:53
  that in this Internet age, as we, you know, potentially lead
• 1:10:58
  into cyber attacks as it in, you know, it's been named and
• 1:11:01
  quoted. I think Bitcoin will be
• 1:11:03
  resilient enough to withstand this.
• 1:11:05
  So it's very interesting that we got this this morning,
• 1:11:08
  considering all the crazy stuff we've seen in the last week or
• 1:11:11
  so. But hey, Bitcoin unaffected,
• 1:11:14
  Bitcoin doing what it does. And This is why I always say
• 1:11:16
  that the the Bitcoin block height might be the most
• 1:11:19
  important number of Bitcoin in general.
• 1:11:22
  TikTok, Nick's Block, while the world and the Internet and
• 1:11:25
  computers go down, all the developers out there and all of
• 1:11:30
  you guys running a node that ensure that Bitcoin stays
• 1:11:32
  decentralized, that it's using open source software continues
• 1:11:35
  to run and it's just so beautiful to be a bitcoiner.
• 1:11:38
  Everyone else is panicking and we're like, hey, my monetary
• 1:11:40
  network is still working. What's going on with you guys?
• 1:11:43
  I thought you guys had the best financial system period and it
• 1:11:46
  goes down because of a bug. Amazing.
• 1:11:49
  This is also. Projection.
• 1:11:50
  Yeah, exactly. Iron Law projection also
• 1:11:53
  emphasizing the importance of of not just updating your Bitcoin
• 1:11:56
  nodes right away. Give it some time because you
• 1:11:58
  never know if a bad bug does happen and you know it.
• 1:12:02
  Really, it really just highlights the the attack vector
• 1:12:07
  of centralized computing and people pushing updates that
• 1:12:13
  haven't been fully checked. And here we are.
• 1:12:15
  We saw an example of this. Bro they literally how were they
• 1:12:18
  able? To shut down.
• 1:12:20
  How are they able to shut down like that is like, I already see
• 1:12:25
  news of Elon, like just saying like, yo, we're taking this,
• 1:12:28
  this software off off of, you know, our, our, our computers
• 1:12:33
  and stuff. Like how are they able to shut
• 1:12:36
  down? Like think about how nuts that
• 1:12:38
  that means that they could just shut that could just be shut.
• 1:12:41
  They could just shut down everyone's computer like that,
• 1:12:43
  right? Like that's crazy.
• 1:12:45
  Like like whoever thought that was a good idea?
• 1:12:49
  Like they're definitely going to definitely going to lose a shit
• 1:12:52
  ton of users after this. I don't think people realize and
• 1:12:56
  they're saying it's a bug. What if it was a hack?
• 1:12:59
  Like that's a tremendous amount of power to give to a single
• 1:13:02
  company. And Opti, you absolutely nailed
• 1:13:06
  it. Like this highlights one of
• 1:13:10
  beautiful features of Bitcoin, which of course the Bitcoin
• 1:13:13
  Senator Cynthia Lummis mentioned, like try doing this
• 1:13:17
  with Bitcoin. And This is why you should be
• 1:13:19
  running your own node, right? There's a freaking node.
• 1:13:21
  There's a Bitcoin node literally orbiting planet Earth.
• 1:13:24
  Shout out to block stream, right?
• 1:13:26
  Like, good luck shutting us down, right?
• 1:13:29
  So This is why, you know, it's so important to run a node.
• 1:13:34
  This is why decentralization, in my opinion, is the future.
• 1:13:38
  Someone said it in the chat. Decentralization means no
• 1:13:41
  honeypot. What a what a horrific idea.
• 1:13:44
  Let's just give this, you know, this cybersecurity company, all
• 1:13:48
  this control over administrative access over all these computers
• 1:13:54
  and yeah, nothing's going to happen.
• 1:13:56
  We're in good hands. Like, oops, like to say the
• 1:14:00
  least. Anyways, Opti, I am going to rug
• 1:14:04
  us. We're going to do wait, hold on.
• 1:14:07
  We do have I I do have an IRL in in should we do it?
• 1:14:14
  Should we do it, man, bro? But back-to-back shows, OK.
• 1:14:17
  Whatever, whatever, it doesn't matter.
• 1:14:19
  Let them throw tomatoes. We we can wrap this up.
• 1:14:22
  I do have an IRL with BIG with Ben Gagnon, CEO of Bit Farms in
• 1:14:27
  about an hour and 20 minutes, so I do want to unplug a little
• 1:14:31
  bit. Streaming back to her back is a
• 1:14:33
  little rough, but we will we'll do the meme review on Monday.
• 1:14:37
  I'll I'll cut the news shorter so we can fit in the meme
• 1:14:40
  review. But anyways, guys, I hope you
• 1:14:43
  guys enjoyed Simply Bitcoin this week.
• 1:14:47
  It's been a great week for us. We really appreciate the support
• 1:14:50
  we are beyond excited for. It's lazy outsourcing.
• 1:14:54
  Do you guys not understand? They're not talking about us.
• 1:14:57
  They're talking about the the outage.
• 1:14:59
  They're talking about the computer outage back to.
• 1:15:01
  Back. Wait, wait.
• 1:15:01
  Hold on, guys. Hold on, hold on, guys.
• 1:15:03
  Nikka triggered twice on the show.
• 1:15:05
  Count it twice on the show. Get a hold you have no IRL.
• 1:15:10
  I do have an IRL. It's at 3:00 PM.
• 1:15:12
  It's literally in an hour. Wait, wait 20 minutes guys.
• 1:15:16
  You don't get a meme review today, but you get Nico
• 1:15:18
  triggered in the chat twice. I think that's worth a meme
• 1:15:21
  review. So guys, catch that interview.
• 1:15:26
  It's it's going to be awesome. Ben was just named the CEO of
• 1:15:29
  Bit Farms. Bit Farms, one of the largest
• 1:15:31
  Bitcoin publicly traded mining companies.
• 1:15:34
  I also consider him a dear friend.
• 1:15:37
  So really looking forward to that conversation.
• 1:15:39
  And of course next week, Nico being a politician promising
• 1:15:43
  memes, we're not delivering. So true.
• 1:15:47
  We will be back next week. We don't care about your health
• 1:15:50
  Nico, we care about our memes. Wine.
• 1:15:54
  Came here to say this is bullish.
• 1:15:57
  Drink a soda bro. Oh my God, all.
• 1:16:00
  Right. Just wrap it up.
• 1:16:01
  Wrap it up, wrap it up. Awesome.
• 1:16:04
  Music we will be streaming next week from Nashville.
• 1:16:08
  It's going to be absolutely awesome.
• 1:16:10
  We're going to be having a great time.
• 1:16:11
  I we just got the confirmation also I think on Thursday of this
• 1:16:16
  week we will be doing a simply Bitcoin takeover of the Bitcoin
• 1:16:21
  2024 conference news desk for about an hour or so.
• 1:16:26
  So really looking forward to that.
• 1:16:28
  It's going to be absolutely awesome hope to see a lot of you
• 1:16:31
  guys in in in Nashville next week and it's going to be it's
• 1:16:36
  going to be awesome. All right, everybody, love you
• 1:16:39
  all getting I I deserve it. I deserve it.
• 1:16:42
  I deserve it bring all the hate. But anyways, I do have to
• 1:16:45
  prepare for this interview. Love you all.
• 1:16:47
  We'll see you guys next week streaming live from Nashville,
• 1:16:52
  TN Peace out everybody. This episode was brought to you
• 1:16:56
  by bitcoinwell.com on a mission to enable independence.