Latest / Simply Bitcoin / White House INSIDER REVEALS America's Plan To BUY ALL The Bitcoin?! | EP 1222

Transcript

White House INSIDER REVEALS America's Plan To BUY ALL The Bitcoin?! | EP 1222 · Simply Bitcoin

• 0:00
  A White House insider is about to reveal America's plan to buy,
• 0:05
  quote an infinite amount of Bitcoin.
• 0:08
  But how is that even possible? There's only 21 million Bitcoin.
• 0:12
  But as crazy as this sounds, this is the same man who said
• 0:16
  that the US might sell their hundreds of billions of gold
• 0:19
  reserves to purchase Bitcoin. And also, as a lot of us
• 0:23
  bitcoiners say, will they eventually start printing
• 0:25
  Bitcoin or printing money to buy Bitcoin?
• 0:27
  We're not there yet. But before we get into all that,
• 0:30
  before we break down everything, let's just see the sneak peek of
• 0:33
  an interview that goes live tonight at 5:00 PM that might
• 0:37
  just break the Internet. Here we go and we will chat
• 0:41
  about it. You know, the president has made
• 0:43
  it very clear that we're going to be the Bitcoin superpower of
• 0:46
  the globe. I'm here with Bo Hines.
• 0:47
  He's the executive director of the Crypto Council.
• 0:49
  Do you have a personal goal for the number of Bitcoin that the
• 0:51
  United States could have? I'd like it to be infinite.
• 0:53
  I want as much as we can possibly accumulate.
• 0:56
  The White House administration has been taken by storm by a
• 0:58
  bunch of Bitcoiners. We've publicly said that we
• 1:01
  believe that Bitcoin is digital gold, and with the Strategic
• 1:04
  Bitcoin Reserve we wanted to build a digital Fort Knox.
• 1:06
  I think a lot of the American people want to understand what
• 1:09
  does this asset mean for me? You.
• 1:10
  Know, this is an industry that's been broadly be beaten down and
• 1:13
  kicked down really over the course of the last decade and a
• 1:15
  half. The President made it very clear
• 1:17
  that he wanted to basically eradicate anything that
• 1:19
  undergirded the Operation Choke .2 point O.
• 1:21
  There's a lot of cool opportunities you had, but you
• 1:24
  chose to do this and so why did you choose to do that?
• 1:26
  You can feel the energy here. It's palpable.
• 1:29
  People are excited again. Have you guys been?
• 1:31
  Fielding calls from foreign governments or, you know, people
• 1:33
  outside the United States that are saying, why'd you set up the
• 1:35
  Strategic Bitcoin Reserve? We're thinking about it as well.
• 1:41
  OK guys, OK, you saw that. All right, So what interview we
• 1:44
  talking about? Anthony Pompolano is going to
• 1:47
  talk with Bo Hines. And of course guys, I'm not
• 1:50
  alone. We have our boy Crystal Amo
• 1:52
  filling in the Co host seat and we have some very, very cool
• 1:56
  stuff for you guys in the culture.
• 1:57
  We got the coined ad from the Bitcoin Mining Museum.
• 2:00
  We're going to show you some history on today's show and
• 2:02
  we're even going to do a little giveaway.
• 2:04
  So you guys want to stick around for the whole show anyways, as
• 2:06
  we saw Bo Hines, he is what's the executive director of the
• 2:11
  Crypto Advisory group. He's been the one talking with
• 2:15
  Trump. I'm sure you guys have heard him
• 2:17
  go around talking about different ways for the US to
• 2:21
  acquire Bitcoin in a quote budget neutral way.
• 2:24
  It seems like we're going to get some more information coming out
• 2:26
  later today. Now the big kahuna here is this
• 2:29
  idea that Bo Hines keeps saying we want to buy as much Bitcoin
• 2:33
  as possible. We got a new development here.
• 2:35
  He said, we want to buy an infinite amount of Bitcoin.
• 2:38
  And of course, all the bitcoiners are like, wait,
• 2:40
  there's only 21 million Bitcoin. How is this even possible?
• 2:43
  What do you mean by buying an infinite amount of Bitcoin?
• 2:46
  And I think he kind of followed it up with we want to buy as
• 2:49
  much Bitcoin as possible. And it seems like they are
• 2:53
  doubling down on this. Now.
• 2:54
  Let's remind you of something that he said a couple of weeks
• 2:58
  ago. And I'm over here on
• 2:59
  benzigabenziga.com. Let me get this ad out.
• 3:03
  And he goes, White House says the gold reserves may be used to
• 3:07
  purchase Bitcoin. We covered this in the past, and
• 3:10
  it seems like this idea is still being thrown around.
• 3:13
  Obviously, I said last week that what would be very interesting
• 3:16
  right now, considering all the global trade wars we're seeing,
• 3:19
  it looks like someone is dropping U.S.
• 3:21
  Treasuries. They're probably buying gold.
• 3:24
  And right now, if you're in the US, the move would be to pivot
• 3:28
  away from gold and buy Bitcoin. So if this move happens, that
• 3:32
  would be absolutely crazy. So here we go.
• 3:35
  Let me break this down a little bit for you guys, and then we
• 3:37
  will chat about it. A senior White House official
• 3:39
  has hinted at the possible possibility of the US utilizing
• 3:42
  its gold reserves to acquire more Bitcoin.
• 3:44
  What HAPPENED? Bo Heinz, the executive director
• 3:46
  of the President's Council of Advisors on Digital Assets,
• 3:49
  suggested in an interview that the US could capitalize on the
• 3:52
  gains from its gold holdings to purchase more Bitcoin.
• 3:55
  This move, according to Heinz, could be a budget neutral way to
• 3:59
  increase the country's Bitcoin reserves.
• 4:01
  And I think would be a historic geopolitical move here.
• 4:04
  If we dropped gold and just went all in on Bitcoin, that I think
• 4:08
  that would truly break the Internet and we probably see
• 4:11
  some crazy price pumping. But anyways, Heinz referenced
• 4:14
  the Bitcoin Act of 2025 proposed by Senator Cynthia Lummus of
• 4:17
  Wyoming, which advocates for the US to acquire 1,000,000 Bitcoin,
• 4:21
  approximately 5% of the total Bitcoin supply over a span of
• 4:25
  five years. This acquisition would be funded
• 4:28
  through the sale of the Federal Reserve gold certificate.
• 4:31
  Now moving forward, quote, if we actually realize the gains on
• 4:34
  the US gold holdings, that would be a budget neutral way to
• 4:37
  acquire more Bitcoin, Heinz said, adding that there's been
• 4:40
  countless ideas and the best ideas will be enacted by
• 4:44
  President Donald Trump. Now I think that is the signal
• 4:47
  here. Countless ideas of course, are
• 4:49
  throwing stuff at the chalkboard, seeing what sticks,
• 4:51
  but the best ideas will be enacted.
• 4:54
  And maybe I'm biased here as a bitcoiner, but that would be
• 4:58
  probably the best move. I know it would have extremely
• 5:02
  huge geopolitical ramifications if the US sold all of their
• 5:06
  gold, bought Bitcoin. I kind of broke it down last
• 5:09
  week, this idea that, but it seems like we don't know who's
• 5:12
  selling these Treasuries right now.
• 5:13
  Obviously, it seems like the Treasury markets, the stock
• 5:16
  markets are kind of relaxing now after all of these, you know,
• 5:19
  trade tariff talks that kind of been rolled back.
• 5:21
  They've been paused now and no one really know what's going on.
• 5:24
  But it seems like the markets are kind of, you know, mellowing
• 5:27
  out right now. But we did see that someone
• 5:30
  seemingly was dropping treasuries.
• 5:32
  A lot of people are speculating maybe it's the Euromarkets or
• 5:36
  maybe it was China. We did see the bond yield
• 5:40
  increase increase in the in the China trading hours.
• 5:43
  So is China dropping U.S. debt to acquire more gold?
• 5:47
  We know they've been acquiring gold.
• 5:48
  And I think the big move would be if the US just double s down
• 5:52
  on Bitcoin, that would break the Internet.
• 5:55
  I think a lot of people would be extremely surprised by that
• 5:57
  move. So who knows what is actually
• 6:00
  going on. We will be covering if we get
• 6:03
  some good clips coming from this tonight on the pomp interview
• 6:05
  with Bo Hines, I'm sure we'll play them for you guys tomorrow.
• 6:09
  This is going to happen tonight, 5:00 PM Eastern Time.
• 6:11
  So we're all watching on pins and needles here.
• 6:14
  What's going to go on? What's going to be said?
• 6:16
  Are we going to get some more information of how the strategic
• 6:19
  Bitcoin reserve is going to play out?
• 6:21
  Are they going to talk about the gold reserves?
• 6:22
  And I think what we seeing, and I know it's Monday guys, so you
• 6:26
  probably don't want to drink yet, but the over window around
• 6:30
  Bitcoin is completely being shattered.
• 6:33
  I know Nico's not here, but this is a theme we constantly talk
• 6:37
  about here on the show. So very interesting stuff we're
• 6:39
  seeing there is new developments.
• 6:41
  I know a lot of you guys have been saying like, man, we're
• 6:43
  always talking about things that haven't happened yet.
• 6:45
  Well, this is kind of part of being a Bitcoiner.
• 6:47
  You can predict the future. Even Trump had an interesting
• 6:50
  tweet this morning. He says, you know, the smartest
• 6:52
  and most intelligent people in the world are the ones that can
• 6:55
  predict the future. And Bitcoiners have been
• 6:57
  predicting the future for decade, for a decade now and
• 7:00
  being very correct on most, if not everything here.
• 7:04
  So we are bitcoiners. We got good first principles,
• 7:07
  good fundamentals. And it's it's very easy to
• 7:10
  predict where the world is going once you fix the money.
• 7:12
  And that's going to be a constant theme on today's show.
• 7:15
  Anyways, I've been blabbing enough.
• 7:16
  I want to pass it over to the coin dad here.
• 7:19
  I kind of might know what Chris is going to say.
• 7:21
  So coin dad, thanks for coming guys, really.
• 7:25
  Really. To hang out with the coin dad
• 7:27
  today we got some interesting stuff for the culture on the
• 7:29
  tail end of the show. But Coindead, you know, the
• 7:32
  founder creator of the Bitcoin mining museum.
• 7:34
  What's your thoughts on the strategic Bitcoin reserve
• 7:37
  announcement? What, what do you think would
• 7:39
  happen if we did dump all our gold to buy Bitcoin?
• 7:42
  What's what's your thoughts hearing this clip today?
• 7:45
  Well, my thought on that is, well, First off, thanks for
• 7:48
  having me on the show. Appreciate it.
• 7:51
  The, the fact that we don't, we have to 1st confirm that there's
• 7:53
  gold. It was supposed to come out like
• 7:56
  last Monday or something like that, like 30 days to find out
• 7:59
  if there's gold in there. What happened to the whole live
• 8:02
  streaming of The Walking through there and all that good stuff
• 8:05
  that they were talking about? We so we haven't even confirmed
• 8:08
  if the United States has the gold.
• 8:10
  This is true. And also further, we don't even
• 8:13
  know if the US has the Bitcoin as well.
• 8:16
  So there's still a lot of questions going on.
• 8:19
  Yeah, a lot of questions, a lot of questions.
• 8:22
  Anyways, Chris, what's your thoughts on this?
• 8:25
  Well, so first thing I want to say with the Bo Hines interview
• 8:28
  and he's like, we want infinite amount of Bitcoin.
• 8:30
  Any Bitcoiner like looks at that kind of puzzle then be like,
• 8:32
  wait, there's 21 million bitcoins.
• 8:34
  So he gave an answer like that or as much Bitcoin as we can
• 8:36
  get, which he kind of alluded to it almost kind of seems like a
• 8:39
  Fiat or crypto answer in my opinion.
• 8:41
  In terms of I had a great or listen to a great episode with
• 8:44
  Lawrence Leopard on what Bitcoin did with Danny Knowles over on
• 8:47
  their podcast. And there was two points that
• 8:50
  Lawrence brought up that were great. 1 He thinks that a lot of
• 8:53
  the hedge funds are blowing up because we saw bond yield
• 8:55
  spiking as you were mentioning OPTI, which can be a lot of
• 8:58
  different things. It could be people that are
• 9:00
  shorting the market or, or putting on a short and then, you
• 9:03
  know, basically goes the other direction.
• 9:05
  It could be people using leverage, so they're trying to
• 9:07
  get squeeze more out of the bond yields and then in doing so,
• 9:11
  it's causing them to blow up. Obviously, normally when bond
• 9:13
  yields spike, it's because people are selling.
• 9:15
  So the bond yields have to go up in order to entice people to
• 9:18
  come back into the market. If bond yields go down, it's
• 9:20
  normally people are buying. It's a flight, quote UN quote to
• 9:23
  safety. As bitcoiners know, bitcoins,
• 9:25
  the only Bitcoin in cold storage is the only safe and freest
• 9:29
  asset that you have, not U.S. government.
• 9:31
  If anything, they're like the worst lenders that you can lend
• 9:33
  your money to. But you know, in traditional
• 9:35
  finance, they see bonds as the safest play, But I think we're
• 9:39
  slowly turning the tides to that and that will change.
• 9:41
  Last thing, the note on the gold.
• 9:43
  So another point that Lawrence Leopard brought up on the
• 9:45
  podcast. So you know, there's been a lot
• 9:47
  of speculations for the last 50 years since we've gone off the
• 9:49
  gold window with the Nixon chalk in 71.
• 9:52
  Is that like, oh, do we have the gold that we say we can?
• 9:54
  Obviously France called our bluff in 71 and said we want the
• 9:57
  gold. And then England was like, hey,
• 9:59
  we want our gold back as well. And then that's when Nixon
• 10:01
  basically took us off the gold standard and basically was like,
• 10:04
  hey, like we'll redeem paper and then we're fixing the price of
• 10:07
  gold at that amount. So some interesting thing that
• 10:09
  came out during COVID actually, I think either in 2019 or 2020,
• 10:13
  Germany had lent gold to the United States years ago, decades
• 10:17
  ago actually at that point. And they want to redeem their
• 10:20
  gold. And in doing so, the US actually
• 10:22
  did make good on their promise on the amount of gold.
• 10:25
  But the thing that stood out in the transaction is normally when
• 10:28
  you lend or you let someone hold on to your gold, their gold bars
• 10:31
  or the large amount of gold when you have it.
• 10:33
  I have gold bars and they have serial numbers.
• 10:35
  When we returned the gold back to Germany, a lot of the serial
• 10:38
  numbers that they originally had given to us were missing.
• 10:41
  So even though they got, you know, let's just use a
• 10:43
  hypothetical number, let's just say they had a ton of gold in
• 10:46
  Fort Knox. When we sent them the ton of
• 10:48
  gold back, a lot of the numbers were missing, which gives
• 10:51
  speculation to the gold bugs that maybe we lent out gold, but
• 10:54
  we didn't have. And in order to read like give
• 10:57
  the order back, we had to buy gold elsewhere in order to give
• 11:00
  it back to them. I know probably 3 or 4 weeks ago
• 11:02
  as well, gold at the Comex and also at the London Metals
• 11:06
  Exchange, it spiked from 48 hours to delivery to six weeks
• 11:09
  to on delivery, which means that if I'm speculating, I'm not a
• 11:12
  gold guy, I don't owe any gold. But if I had to speculate, it
• 11:15
  means that some people didn't have the gold.
• 11:17
  They said they did. So they're giving themselves
• 11:18
  more time to find the physical gold in order to get the
• 11:21
  counterparties that they needed. So like I said, this is just
• 11:24
  something that we want to see. I agree with Coindad.
• 11:26
  We need to go in there and figure out whether we actually
• 11:28
  have it. I don't think Trump or anyone in
• 11:30
  his cabinet would go in there and it not be there.
• 11:33
  But I definitely think that they would, you know, put the gold in
• 11:35
  there or find ways to fill it. And then as soon as the cameras
• 11:39
  stop rolling, all right, now, these need to go back to the
• 11:41
  people we're borrowing it from. That's just speculation.
• 11:43
  I don't know. I don't have any insight into
• 11:45
  that. But, you know, if they were
• 11:46
  going to do it, they'd make this grandiose gesture and show.
• 11:49
  But whether it actually remains there remains to be seen.
• 11:51
  Yeah, totally. Great, Great points there.
• 11:53
  And I know there's been a lot of speculation of what's going on
• 11:57
  in the gold markets right now. I of course this isn't simply
• 12:00
  gold, but we are, we're Mac, we're all macro now.
• 12:03
  You know, we're all macro experts now.
• 12:05
  And it is very interesting to see the settlement times of the
• 12:07
  gold, what's going on with who's getting what gold?
• 12:10
  Why are we seeing this delay on the Fort Knox audit?
• 12:14
  Do they have the gold? Are they trying to basically get
• 12:17
  gold into the Fort Knox so that they seemingly have all the gold
• 12:20
  they claim? Of course, we all understand, or
• 12:23
  at least if you've been in Bitcoin for a long time, you
• 12:25
  you're all very aware of this idea of re hypothecation.
• 12:29
  And this is something a lot of us Bitcoiners have been calling
• 12:32
  the bluff of the US government. It's like what Maybe we're a
• 12:35
  little cynical. It's like they don't even have
• 12:36
  the gold. They're trying to get gold
• 12:38
  there. So it looks like we have the
• 12:39
  gold. They probably sold more paper
• 12:41
  than gold that they actually own.
• 12:43
  So there's still a lot of questions to be answered, but I
• 12:45
  do want to pose to Coyne. Dad, one question.
• 12:47
  Me and Chris have talked about this before.
• 12:49
  So Chris, you know, I'm I'm going to skip you on this one,
• 12:52
  but we have a we have a OG on the show here, So coined dad,
• 12:56
  what's your thoughts on even strategic Bitcoin reserve at all
• 13:00
  from any government? Do you like this idea?
• 13:02
  Are you one of these bitcoins? Like I don't want any government
• 13:05
  to own Bitcoin. What's your thoughts on the
• 13:08
  strategic Bitcoin reserve? Just just in general, just the
• 13:11
  idea of 1. I do like the idea.
• 13:15
  I think it's going to happen inevitably with many of the
• 13:18
  countries out there in the future.
• 13:21
  I would like to see us take the lead on it, which looks like we
• 13:23
  are with this administration. I do hope that they're going to
• 13:27
  be open about it, you know, like publicly put the address out
• 13:30
  there for us to keep an eye on things ourselves, not just
• 13:33
  themselves. Because right now, not knowing
• 13:35
  if those 200,000 Bitcoin that are supposed to be owned by the
• 13:40
  United States exists, like how come they haven't shown proof of
• 13:43
  that yet? So they're not showing the gold
• 13:45
  at Fort Knox and they haven't shown the 200,000 Bitcoin that
• 13:48
  we're supposed to have. And that's really why, you know,
• 13:51
  Bitcoin is decentralized in public and we should be able to
• 13:54
  verify that they have it. So if they do the Bitcoin
• 13:57
  strategic reserve, I hope that they're just going to keep it
• 13:59
  open for us to see. Let's go.
• 14:02
  Yeah, I totally agree with that. I mean, as the meme goes, you
• 14:05
  know, Bitcoin is for anyone you you got to kind of get used to
• 14:08
  or comfortable with the idea that your worst enemy will hold
• 14:11
  Bitcoin as well, a neutral, a political money, everyone will
• 14:15
  eventually hold it. So I I totally agree with that.
• 14:17
  Anyways, guys, we still got a jam packed show.
• 14:20
  I have a clip from Jack Mahler's about global liquidity.
• 14:24
  What's going on in the Bitcoin price?
• 14:25
  I know guys, the whole PM's here on Monday.
• 14:28
  Everyone's wondering what's going on with the price.
• 14:29
  If we're seeing all these big people buy Bitcoin, why is the
• 14:32
  price so stagnant? We'll kind of cover that a
• 14:34
  little bit. And then in the news today, we
• 14:37
  literally just saw a press conference between Naive Buckele
• 14:41
  and Trump. And there's some interesting
• 14:43
  stuff there. They didn't mention Bitcoin, but
• 14:45
  I think obviously Bitcoin is essentially what got Buckele
• 14:49
  into the White House guys. So jam packed show.
• 14:52
  Make sure you smash the like button.
• 14:54
  Let's get to 150 likes in the next 25 minutes.
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  By the first half of the show I want to see 150 likes.
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• 18:08
  $84,500. I'm sure you guys watched it.
• 18:11
  We got all the way up to 85 K this weekend.
• 18:14
  We're we're starting to see the price get a little bubbly.
• 18:16
  I'm starting to feel a little a little hope on myself in this
• 18:19
  Bitcoin price, but who knows what's going on.
• 18:21
  It's probably going to go sideways for summer.
• 18:23
  I I don't know, just keep stacking cheap sats.
• 18:25
  This is the way anyway. The sats per dollar, AKA how
• 18:28
  much Bitcoin you can buy for a single dollar, AKA how much the
• 18:31
  dollar is worth in Bitcoin is currently at 1183 sats per
• 18:35
  dollar. The current block height,
• 18:36
  probably the most important number in Bitcoin is 892,406.
• 18:42
  The market cap is currently at $1.68 trillion.
• 18:46
  The Bitcoin versus gold market cap is at 7.39%.
• 18:49
  So much room to run in the hard money game in the store of value
• 18:52
  game and the total percentage of Bitcoin that will ever be issued
• 18:55
  is currently at 94.52%, roughly 19.85 million Bitcoin in
• 19:01
  circulation. That's total circulation so far
• 19:04
  and you know, there's, there's a good, good guess that there's
• 19:07
  millions of Bitcoin lost. So there's less Bitcoin out
• 19:09
  there than you probably think. And the realized monetary
• 19:12
  inflation is currently at .86%. Again, the strongest money in
• 19:16
  the world currently it is Bitcoin.
• 19:19
  All right, guys. So as I was telling you guys,
• 19:21
  you know, we've been kind of covering not only just what's
• 19:24
  going on in the macro market, but we've been trying to figure
• 19:26
  out what's going on with the Bitcoin price.
• 19:29
  We're seeing some really big buyers in the market.
• 19:31
  Obviously we all know about the ETF.
• 19:33
  There's a huge concern about paper Bitcoin.
• 19:35
  Everyone's trying kind of wrap their head around what's going
• 19:38
  on. Are we still in cycle theory?
• 19:40
  Are we in a new paradigm? What is going on with the
• 19:43
  Bitcoin price? And of course, last week we all
• 19:45
  were wondering, did Bitcoin finally decouple?
• 19:47
  And then, you know, come Monday, recoupled again.
• 19:50
  But there will be the day when Bitcoin does decouple.
• 19:53
  And I, I don't think it's too far away.
• 19:55
  So let's hear Jack Muller's explain this and then the coin
• 19:59
  Dad and Chris and I will talk about this.
• 20:02
  And this, This is why Bitcoin will decouple because Bitcoin
• 20:06
  isn't priced on earnings. And if countries are looking for
• 20:08
  something to own, you're going to want scarce reserve assets.
• 20:13
  Long gold, long Bitcoin, easy, easy.
• 20:16
  So I people don't understand what we're living through.
• 20:19
  And I'm looking on the Internet and everyone's freaking out.
• 20:22
  And my message to my audience and to the Bitcoiners is just
• 20:24
  relax. You got to breathe, calm down,
• 20:28
  understand what you own, understand what we're living
• 20:31
  through right now. Let the stock market puke and
• 20:33
  figure itself out. And by the way, is it over?
• 20:36
  No, what are we living through right now?
• 20:38
  We're trying. I'm literally on Wall Street
• 20:41
  having meetings with Wall Street people.
• 20:43
  This city is a full of a bunch of over levered, pompous hedge
• 20:48
  fund assholes. These guys, I mean, the stock
• 20:51
  market's down like 4%. These guys are begging and
• 20:53
  pleading and screaming for a bailout.
• 20:56
  Give me a break. Everyone wants a relief rally.
• 21:00
  We're now at the phase where everyone's like, you hear that?
• 21:03
  Oh, my God, Trump. Trump said that he's open to
• 21:06
  negotiations. Trump said he might walk back
• 21:09
  what he said. And no one's actually pricing in
• 21:12
  the fact that Trump means business, whether you like it or
• 21:16
  not. Trump wants to help the poor
• 21:20
  American. Trump wants to create factory
• 21:22
  jobs. Trump wants to produce stuff
• 21:24
  here. Trump wants to fix the deficit
• 21:26
  problem that that's until I see otherwise.
• 21:31
  Trump is about business. Trump is keeping his promises
• 21:35
  whether you like it or not. This is not a political podcast.
• 21:39
  I'm just calling it how I see it.
• 21:41
  And you've got a bunch of over levered people here in New York
• 21:44
  that are just losing their mind. It listen, it is what it is.
• 21:51
  And and this is so bullish for Bitcoin.
• 21:54
  They're going to have to print so much money.
• 21:56
  They're going to have to Bitcoin is really priced with how much
• 21:59
  Fiat currency is sloshing around in the world.
• 22:02
  And in order for all of this to play out and work, we have to
• 22:07
  debase our currency, we have to devalue our debt, and we have to
• 22:11
  create more Fiat. Let's go first of all, I love
• 22:19
  Jack Mahler's and and really this is something we've been
• 22:22
  seeing in the markets as bitcoiners are like 4% like
• 22:25
  moves and you guys are freaking out.
• 22:26
  Like that's like, you know, that's like lunchtime movement
• 22:30
  for Bitcoin. And all of us Bitcoiners are
• 22:31
  like, yeah, this is minor guys. Everyone is freaking out in the
• 22:35
  world right now. But it is exactly what Chris
• 22:37
  said. Jack Mahler's basically just
• 22:39
  confirmed exactly what Chris said.
• 22:41
  Wall Street, you know, all trad fired.
• 22:43
  They're over leverage to the gills.
• 22:46
  And This is why they're all freaking out.
• 22:48
  And you know, Jack Ball is like a bunch of I I can't even say
• 22:52
  the words here that I really want to say, but they're all
• 22:55
  scared for some, you know, very minimal volatility in the stock
• 22:58
  market, in treasuries, etcetera. As Bitcoiners like bro, and we
• 23:02
  all know where this is going at the end.
• 23:03
  They have to print a lot of money.
• 23:06
  This is the only way this ends. As Lynn Alden's been saying for
• 23:09
  a long time, as Larry Leopard's been saying, the big print is
• 23:12
  coming. You can't stop this train, but I
• 23:15
  did see something on Twitter over the weekend and you know,
• 23:19
  hold your tomatoes guys. I'm I'm not going to go full
• 23:21
  macro TA, you know, tea leaving tea leaf reading here, but I did
• 23:25
  see an interesting chart and I and I I think it I don't know,
• 23:28
  you know, I think it holds some value here, and this might be my
• 23:32
  new favorite account right now. I think he's doing a really good
• 23:34
  job. So at tech dev under score 52
• 23:37
  goes. Let's make this clear.
• 23:38
  As the business cycles bottoms the red zones global liquidity
• 23:42
  leads Bitcoin. Whatever it does, Bitcoin does.
• 23:44
  A few months later, a liquidity breakout after retest, which is
• 23:47
  now starts bitcoins parabolic leg.
• 23:50
  That's what matters, not the halvings, not the ETF, not the
• 23:52
  tariffs. So spicy take here follow what's
• 23:55
  matters. It's already shown what comes
• 23:57
  next. And you can see here we have the
• 23:59
  Bitcoin price, he's got some bubbles here to kind of explain
• 24:02
  the the sideways action and then the pump action have followed
• 24:05
  under it with global liquidity. And as you can see, he also has
• 24:09
  the business cycles, Blues when it's booming, you know, Reds
• 24:12
  when it's printing or Blues when it's contracting, Reds when it's
• 24:14
  printing. And, and as you can see here,
• 24:17
  I'll zoom in here, global liquidity is breaking out.
• 24:20
  I've been saying this. I think this might be the case.
• 24:23
  We've all kind of been watching the M2 money supply.
• 24:26
  Now we have a chart with the global liquidity.
• 24:28
  It literally confirms exactly what Jack Mueller said.
• 24:31
  What brings the Bitcoin price up is the global slosh of Fiat out
• 24:35
  there and it eventually getting into Bitcoin.
• 24:38
  So look I it is Monday. I am giving you some opium here.
• 24:41
  It looks like we might be seeing a pump soon.
• 24:43
  Guys, please Sir me familia, can we finally start pumping Bitcoin
• 24:47
  global liquidity? My Bitcoin price needs you
• 24:49
  number go up soon anyways. Anyways, enough tea leaf reading
• 24:52
  for us today. Chris, what's your thoughts on
• 24:55
  on what Jack Ma said and then also that chart I showed?
• 25:00
  No, I love Jack. You know, I definitely agree.
• 25:03
  I think we're in the the same boat that the hedge funds are
• 25:06
  levered to the tits with, you know, all the different assets
• 25:09
  that they have. It goes down 4%.
• 25:10
  They're crying for a bailout. You know, Bitcoin, it goes up
• 25:13
  4%. It goes down 4% in a few hours.
• 25:15
  And we're just like, you know, TikTok next block in terms of
• 25:19
  the chart. I actually really like that
• 25:20
  chart. I know that's doctor Jeff is a
• 25:22
  good friend of mine. He's over on Nostra only now,
• 25:25
  but he talks about basically liquidity kind of mirrors what
• 25:28
  happens. So like, you know, liquidity is
• 25:30
  going up, Bitcoins pumping, liquidity is getting withdrawn
• 25:33
  or going down. You know, Bitcoin normally
• 25:35
  follows that. I know he normally use, like I
• 25:38
  said, maybe we're a macro on a gold podcast now Opti, but I
• 25:40
  know he always says that he personally looks at gold and
• 25:43
  depending on the direction that gold goes up, you know, the gold
• 25:46
  bugs always love to let us know on all the social media
• 25:47
  platforms like gold's outperforming Bitcoin right now,
• 25:50
  it's over. You know, we're going back onto
• 25:51
  a gold standard. Not going to happen.
• 25:53
  You know, I love the gold guys, but I don't think that's going
• 25:55
  to happen anytime soon. But the one thing I will say as
• 25:58
  of right now, the trend always seems that gold normally leads
• 26:00
  where bitcoins going. So if gold starts breaking out
• 26:02
  and hitting all time highs or hitting, you know, starts going
• 26:05
  up again, normally a few weeks to a few months later, Bitcoin
• 26:08
  breaks out and goes much, much higher, obviously.
• 26:10
  So it's good to follow basically the liquidity as well as the
• 26:16
  gold price as well as the Bitcoin price just to kind of
• 26:18
  see where it's going. Or you could just be like a
• 26:20
  normal pleb like me, stay humble and stack sacks.
• 26:22
  You know, people like it's going up.
• 26:23
  It's like, all right, more people are buying than selling.
• 26:25
  It's going down. More people are selling than
• 26:27
  buying. But I just like to keep it
• 26:28
  simple. Yeah, keep it simple, just stack
• 26:31
  Bitcoin. Obviously now we are forced to
• 26:34
  become a macro podcast that maybe we're just simply macro
• 26:37
  now, because Bitcoin is becoming a macro asset.
• 26:39
  We've entered the big leagues, boys and girls, So we'll
• 26:42
  probably be talking about macro and politics a lot more.
• 26:45
  I know guys hold the tomatoes. It's it's horrible.
• 26:47
  This is where we are in the story.
• 26:49
  Anyways, Coindad, what's your thoughts on what Jack Muller
• 26:52
  said? And, you know, kind of a spicy
• 26:54
  take, like cycle theory is, is not what matters here anymore.
• 26:57
  So what's your thoughts on this? Well is the price of gold really
• 27:01
  going up or is does it just take more U.S. dollar to get the same
• 27:05
  gold? Because over the last, since
• 27:07
  COVID started, it's been 4 to $5 trillion that they printed out
• 27:10
  of thin air, diluting the whole financial system.
• 27:14
  I mean, the news with Bitcoin and all the positive things that
• 27:18
  we've been experiencing and especially since the Trump
• 27:21
  administration came into office, you know, I got me thinking back
• 27:24
  in 2017, like I remember a little bit of piece of news
• 27:28
  comes out and Bitcoin skyrockets.
• 27:30
  So like if we had the news we have today and go back to 2017,
• 27:34
  we'd probably be about $500,000 Bitcoin right now.
• 27:38
  So to me, like I feel like this is just my, my, my vibe.
• 27:42
  I feel like it's, it's a beach ball that's just under the
• 27:45
  ocean, under the water waiting to pop out 'cause it's just
• 27:48
  being pressurized and keeping the price low.
• 27:50
  And we're at all time high with the hash rate as of today.
• 27:53
  Right now we hit it again. So these are like all, you know,
• 27:58
  positive news that we should that should cause Bitcoin to go
• 28:01
  up higher. So I'm kind of puzzled that
• 28:03
  we're at this price right now. I feel like we should
• 28:05
  technically already be at $150,000 today.
• 28:08
  Yeah, I mean, a lot of people have been saying that as well,
• 28:11
  like not only just the news, but I guess, you know, the Bitcoin
• 28:14
  fundamentals. You would think that the price
• 28:16
  of Bitcoin would be way higher than it is right now.
• 28:19
  So maybe, you know, the billionaire fund playbook, I
• 28:21
  always talk about someone's trying to stack some Bitcoin
• 28:24
  before it takes off. Who is it?
• 28:26
  We won't know until it actually happens.
• 28:28
  But I did see a, a very interesting take over the
• 28:31
  weekend, or rather it might have been last week since we're
• 28:34
  seeing Bitcoin or sorry, gold price go all time high.
• 28:37
  And, and sorry, guys, I spilt water on my shirt.
• 28:39
  It's, it's distracting me right now since since we're seeing the
• 28:44
  gold price hit basically all time highs, Of course, we're all
• 28:47
  macro, we're all macro experts now we're seeing what's going on
• 28:50
  in the stock markets and the treasury bond yields and there's
• 28:53
  very interesting stuff playing out.
• 28:55
  But someone was saying that maybe, you know, what Bitcoiners
• 28:58
  don't want to hear right now is that the fact that gold is going
• 29:01
  up doesn't necessarily necessarily mean Bitcoin will go
• 29:03
  up as well. There might be a different use
• 29:05
  case here, but we all know eventually all roads lead to
• 29:08
  Bitcoin. It's only a matter of time until
• 29:09
  people realize that Bitcoin isn't the risk on asset that
• 29:13
  they think it is. It's really the truly risk off
• 29:15
  asset, the neutral apolitical money in the world that no one
• 29:19
  controls. And I think that information is
• 29:21
  starting to spread out there. So it is very interesting what
• 29:24
  we're seeing right now. And I know Bitcoiners and kind
• 29:26
  of what Chris was saying, you know, if you're just like a play
• 29:28
  about average Bitcoiner, all you care about is Bitcoin.
• 29:31
  But I think I think it is very, very important to kind of look
• 29:35
  at Bitcoin in the larger landscape here and not just look
• 29:38
  at Bitcoin in the vacuum. And there's a lot of crazy stuff
• 29:41
  going on in the world right now, guys.
• 29:42
  And Bitcoin is now a part of that as we are hearing from
• 29:45
  Trump, as we're hearing from other nation state leaders, of
• 29:48
  course, as we're hearing from Wall Street, Bitcoin is now a
• 29:52
  part of the equation. So we do have to kind of factor
• 29:55
  in these macro factors going into Bitcoin now because we've
• 29:58
  we're growing up, guys. We are growing up.
• 30:00
  Bitcoin is what 16 now? It's its Sweet 16 birthday and
• 30:04
  it seems like we have matured as a as an industry, as a commodity
• 30:08
  and asset, as a money. However you want to frame it, I
• 30:10
  look at that as the money. But anyways, anyways you guys
• 30:14
  want to chime in there a little bit or we could keep it moving
• 30:16
  because we still have a jam packed show.
• 30:20
  I don't have anything else to add we can keep.
• 30:21
  It moving all right, let's keep it moving all right guys well,
• 30:23
  we hit our goal of 150 likes. So I'm moving this up 250 likes
• 30:27
  by the end of the show. Let's get to the news because we
• 30:31
  saw very you know I I would say a pretty huge momentous moment
• 30:35
  for El Salvador, but of course for bitcoiners and I'm I'll give
• 30:39
  you guys a saga so naive, but Kelly just met with trump, which
• 30:42
  I would argue was brought to you by Bitcoin.
• 30:45
  We all know it was brought to you by Bitcoin.
• 30:47
  Without Bitcoin, but Kelly probably wouldn't have been on
• 30:50
  the map. But yeah, yeah, show, show the
• 30:51
  people the the picture real quick.
• 30:53
  There we go without Bitcoin Boutele.
• 30:57
  Lot of grab right there. Let's go.
• 30:59
  That's amazing. That's awesome guys.
• 31:01
  Brought to you by Bitcoin. As we say all the time, fix the
• 31:04
  money, fix the world. So let's get into today's news
• 31:07
  story and I got a little saga for you guys.
• 31:11
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• 33:43
  OK, guys. So as Coin Dad was showing,
• 33:46
  there is this picture here of Naibu Kelly shaking hands with
• 33:50
  Donald Trump. And of course, I, I, I don't
• 33:53
  remember if Naibu Kelly posted this video picture himself, but
• 33:56
  we got the one with them in laser, laser eyes.
• 33:59
  Now we did get, I didn't get to hear the whole thing, but from
• 34:02
  what I can tell, there was not much talk about Bitcoin in this
• 34:05
  press conference. But I think there is some signs
• 34:08
  here. There's some signal here on of
• 34:11
  course, Bitcoin will be one of the focus at least maybe behind
• 34:15
  the scenes and Naibu Kelly, you know, put it in a tweet and this
• 34:19
  is I think may this might be the signal.
• 34:21
  We all know how some of our boys like G money talks about that
• 34:25
  there's a lot of symbolism with Trump and that you know, some he
• 34:29
  said certain things that are interesting and you can see
• 34:32
  Naibu Kelly just quote President B yes, we all know your last
• 34:36
  name is BU Kelly, but President B sounds like he's hinting at
• 34:40
  Bitcoin. Anyways, here's a Donald Trump's
• 34:42
  truth social post and this was over the weekend or this was
• 34:46
  Friday and it goes looking forward to seeing President
• 34:49
  Buchelli of El Salvador on Monday.
• 34:51
  Our nations are working closely together to eradicate terrorist
• 34:54
  organizations and build a future of prosperity.
• 34:58
  President Buchelli has graciously accepted into his
• 35:00
  nation's custody some of the most violent alien enemies of
• 35:03
  the world and in particular the United States.
• 35:05
  These Barbarians are now in the sole custody of El Salvador, a
• 35:09
  proud and sovereign nation again, a proud and sovereign
• 35:13
  nation, and their future is up to President B and his
• 35:17
  government. They will never threaten or
• 35:19
  menace our citizens again. Again, you know, I I don't want
• 35:23
  to be one of these, you know, read between the lines trust the
• 35:27
  plan kind of guys, but interesting phrasing here
• 35:30
  sovereign nation and President B sounds like some Bitcoin
• 35:34
  narratives popping through here guys and he also, of course, as
• 35:38
  I was saying, actually let me pull that up first for you guys.
• 35:41
  The, the main take away here was as Mario Mario Nafal wrote on
• 35:47
  Twitter, the conversation was basically a meeting about law
• 35:50
  and order and 0 apologies and Naibu Calais taking in criminals
• 35:55
  to the very massive, you know, super, super prison here that
• 36:00
  has caught a lot of Flack. Well, you know, we'll
• 36:02
  acknowledge the fact that there's people that do not like
• 36:04
  it and Trump himself on true social basically played the
• 36:08
  video of the, you know, the PR, the whatever you want to call
• 36:13
  it, the, the initial release of the big mega prison that El
• 36:18
  Salvador built down in El Salvador.
• 36:21
  Now, of course there is a lot of Flack.
• 36:23
  There's people that agree with this, people that don't, but we
• 36:26
  all know what is really well and maybe not all of us, but some of
• 36:29
  us bit corners have a a particular view here.
• 36:32
  The first thing President Buchelli had to do was fix the
• 36:34
  money as he did announcing the strategic or sorry, the Bitcoin
• 36:38
  is legal tender. Yes, there's some, you know,
• 36:40
  some pullback now with this whole IMF loan, people are kind
• 36:43
  of being critical about that. But first you have to fix the
• 36:46
  fix the money and then you need to reinstate law and order,
• 36:50
  which President Buchele has done.
• 36:52
  I don't know if you guys saw, I think it was 2 weeks ago, but El
• 36:56
  Salvador officially got a Gold Star level 1 for one of the
• 37:00
  actually the safest nation in the world.
• 37:03
  The tourist level is level 1. It's it's been officially
• 37:07
  released that it's one of the safest places, if not the safest
• 37:10
  place to travel to, which I think is incredible thing to
• 37:14
  see. It literally went from the
• 37:15
  murder capital of the world to the safest place in the Americas
• 37:19
  and us Bitcoiners. Now it's because of Bitcoin.
• 37:22
  We all know it's because of Bitcoin.
• 37:24
  Yes, he's doing other things outside of Bitcoin, but he's a
• 37:27
  bitcoiner. And Bitcoin was a huge part of
• 37:30
  the renovation, the restoration of El Salvador, of course, the
• 37:34
  savior in Central America. Anyways, you can see here,
• 37:38
  here's a President Trump meeting Naibu Kelly this morning.
• 37:43
  You know, just a very friendly handshake.
• 37:45
  I'm not going to play the whole press release because they
• 37:48
  didn't really talk about big at all.
• 37:50
  They, they really talk more about law and order.
• 37:52
  And they got a lot of questions about, you know, the, the prison
• 37:55
  and people being shipped there, maybe wrongfully, maybe
• 37:58
  rightfully, you know, is he going to release these people,
• 38:01
  etcetera, etcetera, etcetera. You you already know what's
• 38:04
  going on. But hey, here is the link if you
• 38:07
  guys want to go check it. I'll drop this in the chat for
• 38:09
  you guys real quick. So there you go guys.
• 38:11
  It's on Twitter, of course, or you just go to now you but
• 38:13
  Kelly's Twitter account, you can watch the whole thing.
• 38:16
  Well, I, I would say it was a good, good press conference.
• 38:19
  Again, Bitcoin wasn't talked about here.
• 38:22
  So this is a Bitcoin show. But you know, I think all roads
• 38:25
  do lead back to Bitcoin and the signal might just be President
• 38:28
  B. You know, maybe maybe we're tea
• 38:29
  leaf reading here again with the Trump tweet.
• 38:32
  But I'm going to bring this full circle because we have seen
• 38:35
  something very interesting also play out.
• 38:38
  And of course it's going to involve Sailor the, the Bitcoin
• 38:41
  billing of the Giga chat himself.
• 38:43
  So everyone knows Sailor's been buying a bunch of Bitcoin.
• 38:46
  He basically had, he, he projects, you know, he
• 38:49
  telegraphs his buys on Bitcoin. Well, now it's very interesting.
• 38:54
  So Sailor this morning dropped another strategy buy.
• 38:58
  Of course, he acquired 3459 Bitcoin for roughly $285.8
• 39:03
  million. But we also saw Simon Gerovich,
• 39:07
  of course, of Metaplanet at fame now by 319 bitcoins.
• 39:11
  So and of course, David Bailey's just kind of trolling the CLBTC
• 39:15
  Inc. He's like laughing my ass off
• 39:17
  because now we have just two, you know, huge companies now
• 39:21
  just just competing to buy more Bitcoin every day.
• 39:25
  And and the real question is, is like, how long can this be kept
• 39:29
  up with their buying hundreds, if not thousands of Bitcoin?
• 39:32
  Like, how is the price still going sideways?
• 39:35
  This is the question we're all wondering and, and really there,
• 39:38
  there can't be too many of buyers like this buying Bitcoin
• 39:41
  constantly if we have this much demand for Bitcoin.
• 39:46
  I don't know guys, it's very simple here.
• 39:47
  The price will have to go up. Now what does this have to do
• 39:51
  with the naive Bukele story? Well, I got a clip from Sailor
• 39:55
  himself, so This is why I wanted to bring in to this the story
• 39:59
  with Saylor and Simon buying Bitcoin strategy and metaplaner
• 40:03
  buying Bitcoin is because of this clip of Michael Saylor.
• 40:06
  And this is what we'll discuss what's going on. the US could
• 40:10
  drop the ball on a strategic Bitcoin reserve here.
• 40:12
  What do you think? I think the Bitcoin is
• 40:14
  unstoppable. So the truth is Bitcoin doesn't
• 40:16
  need America. America does need Bitcoin.
• 40:19
  It's the idea of a strategic reserve is a monetary strategy
• 40:22
  among other things. So you use glass beads as money
• 40:25
  and then Europeans come along and notice that you think
• 40:27
  they're valuable and so they manufacture 1,000,000 glass
• 40:29
  beads and buy everything in Africa and they own you.
• 40:31
  You're impoverished. And at some point you wake up
• 40:33
  and you realize that actually the glass beads didn't make good
• 40:35
  money. And then if you're using silver
• 40:37
  and someone demonetizes the silver with gold, they end up
• 40:39
  owning everything. Or the giant stone coin of the
• 40:41
  yacht people is they thought the giant stone coins were money.
• 40:43
  And then some European with a ship came along and realized he
• 40:45
  could just bring giant stone coins to the island.
• 40:47
  He did that until he bought up half the island.
• 40:49
  And then they realized they were impoverished and they were the
• 40:50
  slaves of the dude with the wooden boat and the giant stone
• 40:53
  coins were pretty stupid money. Now, what's money in the modern
• 40:56
  world? The 20th century world has $450
• 40:58
  trillion of capital money, and it's sitting in the form of
• 41:01
  private and public equity, foreign real estate, sovereign
• 41:05
  debt, especially foreign sovereign debt, other people's
• 41:07
  currency, corporate bonds. Bitcoin is better money.
• 41:11
  So we can either just leave the world the way it is, or we
• 41:14
  introduce this idea of Bitcoin. Now, by the way, we can't stop
• 41:17
  it. Satoshi started the fire.
• 41:18
  The fire is burning and every single day, 10s or hundreds of
• 41:21
  millions of dollars of capital are flowing into the network.
• 41:24
  It's going to go from 2 billion to 20 billion to 200 billion to
• 41:27
  2 trillion, to 20 trillion to 200 trillion.
• 41:29
  And when it gets to 200 trillion, it'll chop along at
• 41:31
  plus 20% to eventually 304 hundred $500 trillion.
• 41:35
  And where is that capital going to come from?
• 41:36
  It's going to come from Russian real estate.
• 41:38
  It's going to come from Chinese private equity.
• 41:40
  It's going to come from everything in Africa, everything
• 41:42
  in South America. You have capital flowing from
• 41:44
  foreign financial and physical assets to Bitcoin.
• 41:48
  You have capital flowing from 20th century assets to Bitcoin
• 41:51
  to the capital is going to flow from the 20th century to the
• 41:53
  21st century. It's going to flow from physical
• 41:55
  to digital. It's going to flow from currency
• 41:57
  based derivatives to to a digital commodity derivative.
• 42:01
  So it's already happening. It's unstoppable.
• 42:04
  It's literally like for me to say bitcoins going to demonetize
• 42:06
  gold under states it yeah, it's going to demonetize gold.
• 42:08
  Then it's going to demonetize the real estate that's 10X more
• 42:10
  than gold. Then it's going to.
• 42:15
  All right, guys, sorry, everyone's yelling at the fact
• 42:17
  that it was sailat 1.5 X here, but you know the the signal
• 42:22
  remains the same. This is what we were talking
• 42:24
  about. This is why I wanted to bring
• 42:25
  this into the Naibu Kelly and President Trump meeting at the
• 42:29
  White House today is because we all know that it's not that
• 42:33
  America or Bitcoin needs the American government here.
• 42:37
  It's the government that needs Bitcoin.
• 42:39
  And we're starting to see that that signal is catching on.
• 42:42
  And we have a perfect example of what that does to a the country.
• 42:45
  Obviously El Salvador has its own problems.
• 42:48
  It was a small country. The GDP I think is still roughly
• 42:51
  around 32 billion. So it's a tiny country.
• 42:54
  And you could see what Bitcoin does to that country.
• 42:57
  But of course it's it was the most dangerous country in the
• 42:59
  Americas, in the world actually. And Bitcoin was a huge part of
• 43:05
  its turn around. And I would love to see
• 43:08
  something similar happen in the US Yes, I know we talk about the
• 43:11
  separation of money and state here on simply Bitcoin
• 43:13
  constantly. But we we all know that if you
• 43:16
  start acquiring Bitcoin, if you have a more friendly Bitcoin
• 43:19
  environment, your country, your economy is going to improve.
• 43:24
  And that's the signal that we constantly try to spread to more
• 43:27
  people. As an individual, you need
• 43:29
  Bitcoin, as a corporation, you need Bitcoin.
• 43:31
  And yes, even as a nation state, you need Bitcoin.
• 43:35
  All roads lead to Bitcoin. This is the future that we're
• 43:37
  heading towards. And yes, I know a lot of people
• 43:39
  like, oh, cashless future. This sounds horrible.
• 43:42
  There's a choice here. It's either CBDC distilled or
• 43:46
  it's a freedom Max the world with Bitcoin.
• 43:49
  And obviously here we, we recommend Bitcoin, we, we have
• 43:52
  our biases. We think Bitcoin will usher in a
• 43:55
  new era of prosperity, not just for the US or El Salvador, but
• 43:59
  for the world. And This is why we do what we do
• 44:01
  because it will help you as an individual, but it will help
• 44:04
  freedom number go up will help freedom go up will help
• 44:07
  responsibility go up and this will get exported to everywhere
• 44:11
  on every corner of planet Earth. Anyways, I've been yapping too
• 44:14
  long. Chris, what's your thoughts on
• 44:16
  this? Yeah, I think Sailor makes many
• 44:19
  great points about Bitcoin. I think like the point remains
• 44:23
  the same that Bitcoin doesn't need America, but America needs
• 44:27
  Bitcoin. And I think in the long run,
• 44:30
  like you can take that to any, any individual or any person,
• 44:33
  like you want the hardest, the strongest form of money in the
• 44:36
  world. You know, gold was kind of
• 44:37
  coalesced on the last 5000 years.
• 44:39
  We've talked about the issues that gold has and bitcoins been
• 44:42
  the perfect money. And that's the best money that
• 44:44
  we see for the foreseeable future at this point.
• 44:47
  You want to build the foundation of your family, your community,
• 44:50
  your state, your nation state, governments, whatever it may be.
• 44:54
  You want to build it on the bedrock of of the hardest money
• 44:56
  ever and I think worlds your life is only getting up better.
• 44:59
  If we have El Salvador as a small example of that, a much
• 45:02
  smaller country with 6 million people or there about, you know,
• 45:05
  and they've kind of seen a resurgence in their economy, the
• 45:08
  safety that people like, everything small business,
• 45:12
  tourism and everything like that.
• 45:13
  I think that they built it on Bitcoin is a big factor of it.
• 45:16
  Obviously, there's many other components of Buchelli's
• 45:18
  leadership and his team that they did, but it was built on
• 45:21
  Bitcoin in the beginning and I think that was a big part of the
• 45:24
  resurgence there. I hope the Trump and Trump's
• 45:26
  administration, they seem to have very a basic understanding
• 45:29
  of Bitcoin, but I hope that they dive into it and do more
• 45:32
  research into it and delve into understanding and learning about
• 45:35
  Bitcoin compared to all the other cryptocurrencies, compared
• 45:37
  to Fiat currencies, compared to bonds and all the other things.
• 45:40
  Yeah, I totally agree. Chris couldn't couldn't have
• 45:42
  said it better. See, This is why Chris and I are
• 45:44
  a good balance. I I give the, you know, lukewarm
• 45:46
  IQ take here, a 45 IQ and Chris steps it up to we'll say like
• 45:51
  120 IQ. You know, like I'm not going to
• 45:53
  say you're the genius on the show, but we're we're a good
• 45:55
  balance. Anyways, anyways, I'm trolling
• 45:57
  Coindad. What's your thoughts on let's
• 45:59
  start with obviously the the press conference of Buchele and
• 46:03
  Trump and then this idea or this quote from sailor of Bitcoin
• 46:07
  doesn't need America. It's America that needs Bitcoin.
• 46:11
  So I have a lot of respect for President Buchelli.
• 46:15
  I think that him being here with Trump to discuss safety, I think
• 46:20
  might even be a little bit more important than talking Bitcoin
• 46:24
  right now. The reason why I say that is
• 46:27
  because he started fixing El Salvador on the safety side
• 46:30
  before he made Bitcoin legal tender.
• 46:34
  And I have been there several times to El Salvador.
• 46:36
  I went to Bitcoin Beach. I've seen the Capitol and I have
• 46:41
  experienced first hand the safety of the country.
• 46:46
  And I was there, ironically, the the weekend that I went there, I
• 46:50
  was there when he had his election.
• 46:52
  So I seen like SWAT team trucks where they were moving paper
• 46:56
  ballots from, you know, an election line that was long as
• 47:00
  heck early in the morning. People were waiting in line to
• 47:02
  to vote for him. I have, I have photos on my
• 47:05
  phone of all this stuff. And, and the crazy part is, is
• 47:09
  like, I wanted to go to the beach, enjoy a little drink and
• 47:11
  stuff. There's no alcohol allowed in El
• 47:13
  Salvador during the elections because they want you to make a
• 47:16
  sound decision when you're voting that you're not messed
• 47:19
  up. So the day before, the day of
• 47:20
  and the day after, it's illegal in the whole country of El
• 47:23
  Salvador to drink alcohol. But when I moved around the
• 47:26
  country, I seen elderly, like 80 year old people that were just
• 47:31
  like enjoying shooting dice and playing cards in the park with
• 47:34
  the pigeons flying kids going through the fountains of the
• 47:37
  water from the water park that's in the downtown area there.
• 47:42
  And, and you just felt this freedom oozing out of the people
• 47:45
  that live there. And I actually got a little bit
• 47:48
  jealous while I was there and experienced that.
• 47:50
  And I'm not going to lie to you like, so I figured out that
• 47:54
  safety is really first, because even if you get into Bitcoin and
• 47:59
  do all the Bitcoin stuff, you got to keep your mouth shut.
• 48:01
  You can't tell anybody like you're even into it for the most
• 48:05
  part, because you don't know who you're going to talk to that's
• 48:07
  on the bad apple side that wants to harm you or, or Jack you up
• 48:11
  or whatever, like some of the stories that you hear online.
• 48:14
  So he fixed the safety of the country and built that prison
• 48:18
  and, and swooped all the bad people off the road and to the
• 48:21
  where there's nothing left but good people.
• 48:23
  And I felt it and I experienced it.
• 48:25
  And I would love to see America, you know, slowly start to heal
• 48:29
  on that side of the house alongside, of course of bitcoins
• 48:32
  growth and and mass adoption in the country.
• 48:35
  So yeah, that's it's contagious, that freedom and that runs along
• 48:40
  with Bitcoin. Totally, totally.
• 48:43
  Yeah. One of the things he said at the
• 48:45
  press conference today that Trump even kind of that was
• 48:48
  saying like, hey, that that's actually some pretty good
• 48:50
  marketing you got there. Can I steal That was Boo Kelly
• 48:54
  essentially said, yeah, there's been a lot of people talking
• 48:57
  smack about what I've done in the prison.
• 48:59
  And you know, there's there's people that are cynical and
• 49:02
  critical of what he's doing and he's like, yeah, they're saying
• 49:05
  that I imprisoned, you know, that 10s of thousands of people
• 49:08
  and he's like, but I flipped it and what I really did is I
• 49:11
  liberated millions of people and I thought that was really good
• 49:15
  framing that some good memetics by Boo Kelly and Trump was in
• 49:18
  like, oh, I like that. That's great.
• 49:20
  I'm can I use that? You know this in classic Trump
• 49:23
  fashion. So I I think you're 100% spot
• 49:26
  on, guys. All right, guys, we have over
• 49:29
  2500 of you guys watching live. Make sure you smash the like
• 49:32
  button, push this in the algos. But we got a very, very cool.
• 49:36
  I think this is a a world premiere, a simply Bitcoin first
• 49:40
  with the coin dad on today's show.
• 49:43
  So you want to stick around? We're doing a giveaway.
• 49:45
  We got some really cool stories here.
• 49:47
  So really, really fun stuff on today's culture.
• 49:50
  Hopefully it goes, but without any glitches.
• 49:53
  I, I have to actually figure out live how we're going to fully do
• 49:56
  this. But anyway, let's get to the
• 49:58
  culture. This is going to be really fun.
• 50:00
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  today. All right guys, we are back for
• 52:03
  the culture. This is going to be a fun one.
• 52:05
  So I am going to start with the giveaway first and foremost
• 52:09
  before we get into unpacking what the coin dad does with the
• 52:13
  Bitcoin mining museum again. I I do have to if you guys were
• 52:18
  here for the last giveaway guys, you know it gets a little crazy
• 52:21
  here. We did the bitlock boom ticket
• 52:22
  giveaway and I I had to do it live.
• 52:25
  I was trying to be objective, so I'm going to probably be a
• 52:29
  little subjective here a little bit.
• 52:31
  Anyway, Coindad, let's do the giveaway, do the giveaway rules
• 52:35
  real quick and then we can do some show and tell talk about
• 52:38
  the Bitcoin Mining Museum. What is going on with the
• 52:41
  giveaway? We'll give the the audience a
• 52:42
  chance so we can do this live. So, Coindad, take it away.
• 52:47
  All right, so basically it's kind of like an online scavenger
• 52:51
  hunt for all the viewers out there.
• 52:54
  If you guys go to BTC Mining Museum on X and follow us, then
• 53:00
  yeah, there you go. These two cards right here,
• 53:03
  they're serialized only one out of 500 in the world that will
• 53:06
  ever be made from BTC trading cards.
• 53:09
  Shout out to Aladdin for making this great idea of having, it's
• 53:13
  kind of like getting into Pokémon but early for Bitcoin.
• 53:17
  But these are autographed. When I met Nico at the Mining
• 53:21
  Disrupt conference a couple weeks ago, he signed them for me
• 53:24
  and I'm donating these to the community for this giveaway.
• 53:29
  So the thing to do is to my first question to you guys.
• 53:35
  Wait, wait. Give him a second.
• 53:36
  Give him a second. So first of all.
• 53:38
  Guys, go follow the BTC mining museum on Twitter, give him a
• 53:43
  follow and then you're going to have to go down the timeline and
• 53:47
  you're going to have to find the right post to answer these
• 53:50
  questions. And then what you said, if they
• 53:53
  do it in the comments section, the 1st 10 will get some trading
• 53:57
  cards, but in the. Line you get a pack.
• 54:00
  OK, but for for the, the, the signed, you know, simply Bitcoin
• 54:05
  trading card, my, mine's actually not signed.
• 54:08
  I didn't, I didn't sign it, but I don't have Nico signing it
• 54:11
  either. But for the live giveaway of the
• 54:13
  cards, we're going to do the first person to do it in the
• 54:16
  chat and then we'll figure out how to how to, you know, get in
• 54:20
  touch with you guys and and make sure that you don't get exposed
• 54:23
  here or whatever. So make sure you go follow and
• 54:26
  the coin Dad's gonna give you guys a couple questions here.
• 54:29
  You're gonna have two chances. 2 questions, first one to answer
• 54:33
  in the YouTube. Live channel.
• 54:35
  It's not it's not the first one to answer.
• 54:37
  OK, every everybody answers and I have 10 packs to give away.
• 54:44
  So everybody in the 1st 10 people would get a pack plus
• 54:47
  some stickers or whatnot. And then you from everybody that
• 54:51
  replies, you have to pick a random person that wins the
• 54:54
  card. OK, OK, so let me.
• 54:56
  Pull and Chris y'all can both do it.
• 54:58
  OK, let me let me pull these Tweets up so I can, you know, do
• 55:04
  some nepotism here on the show and pick, pick some people here.
• 55:09
  OK, so first question coin Dad, guys, get your motors running.
• 55:16
  Yeah. OK.
• 55:17
  So over, over, over the course of just the last couple of weeks
• 55:22
  on our X account on Bitcoin mining, the question is crap.
• 55:31
  Where's my question? Should I have this up fast?
• 55:33
  You know, all right, I think I got it.
• 55:35
  I got it. I got it.
• 55:36
  If you don't have it, I have it over here.
• 55:38
  I wrote them down OK. Good thing I've heard within the
• 55:40
  last two weeks on our BMM account.
• 55:43
  Find a famous bitcoiner standing next to Nico and find out and
• 55:49
  tell me what gift did that bitcoiner give me and name that
• 55:54
  gift in the reply and tag simply Bitcoin in the reply.
• 56:00
  Or you don't. Probably don't have to tag it
• 56:01
  because we can see you in there when you're.
• 56:04
  Replying yeah, I I have it pulled up here I have it pulled
• 56:06
  up here So what was the gift that Samson Mao gave the coin
• 56:14
  Dad? OK, that's.
• 56:15
  You, you already. You already cheated.
• 56:18
  Why? Because I never said Samson Mao.
• 56:20
  That's for them to find out. Oh wow, rib.
• 56:26
  It's OK, now they know to go look for Samsung Mail, but it's
• 56:29
  all right, let them still find what the gift is.
• 56:31
  Is that coin dad? Hey, Nico.
• 56:35
  There he is is. That coin, Dad.
• 56:37
  Oh, I got, I got the, I got the the club music here.
• 56:44
  I was wrapping up a meeting I wanted.
• 56:45
  To drop by, say hi. I appreciate that, man.
• 56:49
  Appreciate. Yeah, we're right in the middle
• 56:50
  of putting out the this scavenger hunt.
• 56:54
  OK, OK, next one and I won't ruin this one.
• 56:57
  OK, next question and then we'll do some show and tell.
• 57:00
  I'll give you guys some time to comment and then we'll we'll
• 57:02
  pick some some winners live. So Coindad, the second question
• 57:06
  for these live viewers, what's the question?
• 57:09
  And. Then over the over the last
• 57:12
  couple weeks down our stream, there's different posts.
• 57:15
  Find the post that tells you what the oldest miner in my
• 57:20
  museum is and put that model in the reply What is the oldest
• 57:25
  miner in my museum? Which just got added and we
• 57:28
  showcased it at Mining Disrupt for the first time.
• 57:31
  Let's What is the oldest miner in my museum now?
• 57:34
  OK, let's go, Let's go. All right, there you go.
• 57:37
  First two questions, guys. I'll give you some time so that
• 57:40
  we can pick some winners here, but no, please don't.
• 57:45
  Please. My, my mental, my mental
• 57:47
  bandwidth cannot handle that. OK, OK, Anyways, Coindad, let's
• 57:52
  do some show and tell so people can comment, can search real
• 57:55
  quick. You have some really cool miners
• 57:57
  behind you. Actually, let's talk just the
• 58:00
  general Bitcoin mining museum and then you can do show and
• 58:03
  tell. So what is the Bitcoin Mining
• 58:05
  Museum for those people that aren't aware?
• 58:08
  So the Bitcoin Mining Museum is basically preserving the history
• 58:13
  of the only tangible part that Bitcoin has.
• 58:16
  You know, everybody's always like you can't see Bitcoin, you
• 58:18
  can't touch Bitcoin, but there is a tangible part and that's
• 58:21
  the miners. And just like we're saving Apple
• 58:25
  computers and, and Macintoshes from the old days and all that,
• 58:29
  there's a history for the computers or for any museum type
• 58:34
  out there. We're preserving.
• 58:36
  Nobody out there is preserving the history.
• 58:38
  And I figured this out like four or five years ago while I was
• 58:42
  searching online trying to find a Bitcoin museum because I had
• 58:44
  some rare machines already. And I'm like, you know, let me
• 58:47
  see what's out there. And, and it was crickets.
• 58:49
  There was nothing out there when I was searching for Bitcoin
• 58:52
  museums. So I'm like, why don't I just
• 58:54
  start one? So I'm, I'm met, you know, Tyler
• 58:58
  and Parker and, and Lance and they're all huge.
• 59:02
  They're guys on my team that I call hash historians instead of
• 59:05
  historians. But yes, for the last five years
• 59:09
  I've been searching around the globe, I've met a lot of Ogs
• 59:12
  from the very early days as far back as to one of the 1st 50
• 59:17
  Bitcoin miners in the world. So they helped me out with
• 59:21
  finding different machines. So over the last half a decade
• 59:25
  we built up to over 128. There you go right there, 128
• 59:29
  different machines. Now that's our gallery.
• 59:33
  It's pretty impressive to see all this in person when I go to
• 59:36
  the exhibits or I go to the conferences with my exhibit.
• 59:39
  And what's dope is to see not just Ogs see their old miners
• 59:45
  from a decade ago and, and get emotional over it, but to see
• 59:48
  the newbies that come in because they want to learn about
• 59:50
  Bitcoin. And then they physically see
• 59:53
  this whole chronological order history of Bitcoin miners.
• 59:57
  And then they figure out like this is legit.
• 1:00:00
  So they actually go home with his mind frame.
• 1:00:02
  Like man, I just seen something real.
• 1:00:05
  So I, I love what we built. We're continuing to continuing
• 1:00:09
  to scale. Every single conference I meet
• 1:00:11
  somebody new that has something that I don't have.
• 1:00:14
  We either buy it from them where they donate it or whatnot.
• 1:00:17
  So yeah, that behind me right now is literally the backbone of
• 1:00:23
  everything that we're doing in this space.
• 1:00:24
  That's the DNA. Like nobody would have a job in
• 1:00:27
  this industry. Sailor wouldn't be doing what
• 1:00:29
  he's doing. You guys wouldn't have this
• 1:00:31
  show. Like I wouldn't have the museum.
• 1:00:34
  Nobody would have nothing without the backbone of what's
• 1:00:36
  behind me right there. So I think that is highly
• 1:00:39
  important because this is how we educate the future.
• 1:00:42
  How can we educate the future if we don't preserve the past?
• 1:00:46
  Totally, totally couldn't agree more.
• 1:00:48
  And we were we were kind of a we were kind of a trolling before
• 1:00:53
  we went live. Hold on.
• 1:00:54
  It's looking weird. We're looking weird here.
• 1:00:57
  There we go. We were kind of talking about it
• 1:01:00
  and it's very interesting. So the first time I saw the
• 1:01:04
  museum calling dad, one thing that I noticed was essentially
• 1:01:08
  the size of the miners, how they've increased.
• 1:01:10
  So, you know, there was a small little miners and then they got
• 1:01:14
  really big and now they seem to be getting smaller again.
• 1:01:18
  And I just find that so interesting.
• 1:01:20
  It it never clicked until I saw it like all, you know, lined up
• 1:01:23
  going chronological. I was just like, oh, man, it
• 1:01:25
  started so small and then they got huge.
• 1:01:28
  And now, you know, they're getting better at creating these
• 1:01:31
  machines. They're getting smaller again.
• 1:01:33
  And Chris was kind of trolling. He's like, yeah, and soon
• 1:01:35
  they're going to get even bigger, and then they'll get
• 1:01:37
  even smaller again, maybe getting back to like Ausb kind
• 1:01:40
  of, you know, ASIC or something. Everyone's going to have an ASIC
• 1:01:44
  in their pocket or in their neural link or whatever.
• 1:01:47
  But computer on this quantum computing on this little thing
• 1:01:52
  10 years from now. But yeah, show and tell I got.
• 1:01:58
  Let's see something interesting that a lot of y'all probably
• 1:02:00
  don't know clean this up here, but this right here is a cell
• 1:02:06
  phone. It's an N 900 Nokia and back in
• 1:02:10
  December 7th, 2010, somebody actually mined off of they had
• 1:02:15
  the blockchain on here. They hadn't, they mined off the
• 1:02:19
  battery and then I think it was .43 Bitcoin that they sent to
• 1:02:24
  another Nokia cell phone holder and then the blockchain, the
• 1:02:27
  network difficulty the very next day moved up.
• 1:02:30
  So you couldn't even do this anymore after that one moment in
• 1:02:34
  time, which is actually on Bitcoin Talk.
• 1:02:37
  So that story is about on Bitcoin Talk about it.
• 1:02:43
  Then we have this too. So this is again, like I said,
• 1:02:50
  these conferences are dope because I meet people that I've
• 1:02:53
  never met before that have stories that I never heard
• 1:02:55
  before. And that's one thing We're not
• 1:02:57
  just preserving the history of the machines, but we're
• 1:03:00
  interviewing privately interviewing OG's because some
• 1:03:03
  of them don't want to be publicly known or whatnot and
• 1:03:06
  getting stories from them because this is some of the
• 1:03:08
  stuff you can't Google online. You can't just search for
• 1:03:11
  somebody's personal experience about, you know, using stuff
• 1:03:14
  like this. So this is the chips on here is
• 1:03:17
  130 nanometer and this is a ASIC blade V1 ASIC miner and there's
• 1:03:24
  a guy named fried cat back in the day.
• 1:03:25
  He's kind of like the Vitalik Buterin of, of mining, skinny
• 1:03:29
  Chinese guy, very smart and he invented one of the first ASIC
• 1:03:35
  chips in the world and the 130, I mean, imagine the, the
• 1:03:39
  efficiency 130 nanometer in here and today we're at what, 323?
• 1:03:45
  3 nanometers. 2 nanometers. 3 nanometers now, I mean, in a
• 1:03:48
  decade, we moved into so much efficiency in just a decade.
• 1:03:53
  I mean, compare that to like brick and mortar banks.
• 1:03:55
  A bank that's from 10 years ago is still there today.
• 1:03:58
  Maybe they upgraded their computer network with whatever
• 1:04:01
  software they're using, but still same air conditioners,
• 1:04:04
  still same big old freaking Fiat vaults sitting in there.
• 1:04:08
  Nothing ever got more efficient. Still got the same old
• 1:04:10
  buildings, but with the Bitcoin network, it just gets better and
• 1:04:14
  better and faster and faster and more efficient over time.
• 1:04:17
  And this is living proof of it. But yeah, this is one of the
• 1:04:21
  they came like this too. You had to get your own box fan.
• 1:04:24
  You had to figure out how to put these together and, and, and
• 1:04:27
  keep them cool and stuff. This one came with a heat sink,
• 1:04:31
  but they didn't come in like a like back here with these cases
• 1:04:35
  and stuff with fans already built on them.
• 1:04:36
  That was later on. So this is a really cool piece
• 1:04:40
  of history right here. The other one I want to show is
• 1:04:46
  technically one of the questions.
• 1:04:49
  I can't even show it right now, it looks.
• 1:04:53
  Like, OK, so it looks like we did get someone that answered it
• 1:04:57
  correctly in the chat. So let me pull that up.
• 1:04:59
  And then there's still chance to answer the first question.
• 1:05:02
  Maybe we need to reiterate the first question, but the second
• 1:05:05
  one, which was the oldest miner you got?
• 1:05:08
  Hold on. I'm I'm trying to find it in the
• 1:05:09
  chat. So again, comment on the Twitter
• 1:05:12
  post the 1st 10 of you guys, you'll get some training cards,
• 1:05:16
  but we we got the answer in the chat here.
• 1:05:19
  So someone got it. I'm I'm trying to find it.
• 1:05:21
  Chris commented on it. Let me see where it went to the
• 1:05:25
  winner is yes and and Elaine, I I did kind of blow it, but hey,
• 1:05:29
  you know, I'm doing it live. I'm doing it live.
• 1:05:30
  You know it's it's hard. So here we go.
• 1:05:34
  Where is it? OK, It was haws up haws up, I
• 1:05:39
  believe got the first one. Where'd it go?
• 1:05:42
  Where's the correct answer? I have.
• 1:05:43
  I haven't seen it. OK, Ha's up.
• 1:05:45
  Here we go. Ha's Sup on YouTube.
• 1:05:48
  Got it correct. FPGA minor.
• 1:05:52
  So let's show it now, OK? All right.
• 1:05:55
  Yeah, DM me on DM the Simply Bitcoin TV on Twitter.
• 1:05:58
  I don't know how we'll verify if you're Ha's Sup, but we'll
• 1:06:01
  figure it out. We'll figure it out.
• 1:06:06
  Yeah, yeah, yeah. You're good.
• 1:06:08
  You're good. So here, here, here, this one
• 1:06:11
  gets its own case like this is like like to me.
• 1:06:17
  So so you had the era of CPU with laptops and computers when
• 1:06:21
  they first started mining when Satoshi first released Bitcoin,
• 1:06:25
  right? Then you had that was roughly
• 1:06:28
  2009, 2010 going in a little 2000, mostly 2010, then 2011,
• 1:06:33
  2012 was GPU era. But in 2012, before January 2013
• 1:06:40
  when ASICS came out, you had a short period.
• 1:06:45
  I have a OG group in in my museum with a board like a 10 O
• 1:06:49
  GS in there. And I talked to them about it
• 1:06:52
  and we agreed that it was roughly a six to 10 month
• 1:06:55
  period, a very short period where Fpgas were mining Bitcoin
• 1:07:00
  before ASICS killed the FPGA area very quickly.
• 1:07:04
  So the era, because it's so small, they're very hard to
• 1:07:08
  find. So this took me over 4 years to
• 1:07:10
  find, but this one is from the founder himself and two cool
• 1:07:18
  things that he did for me. One, it's the only one ever
• 1:07:22
  signed by him. He's never signed a minor before
• 1:07:25
  ever. So this is the FPGA, each one of
• 1:07:29
  these chips right here there there's basically 1234 chips and
• 1:07:33
  behind the heat sinks they only do 250 mega hash.
• 1:07:38
  So this whole miner is only one giga hash.
• 1:07:41
  So you need like, I don't know, a million of them or more to
• 1:07:45
  equal like today's miner. Now they I think it's more than
• 1:07:48
  a million. I think it's these right here
• 1:07:50
  that you need almost 1,000,000, this is several million to equal
• 1:07:54
  today's miner. But the other cool part that
• 1:07:57
  nobody in the world has that he donated to the museum is the
• 1:08:03
  prototype of the board of the miner that he made, and he
• 1:08:07
  signed it as well. So this was the first prototype
• 1:08:10
  before he made these and sold these.
• 1:08:12
  And the other cool part about this is, is that this actually
• 1:08:15
  mined the 50 Bitcoin block in the first epoch in 2012.
• 1:08:20
  So to say that this actually mine 50 Bitcoin is insane.
• 1:08:24
  Yeah, that's the story about the FPGA right there.
• 1:08:28
  And I I easily see this being worth millions of dollars in the
• 1:08:32
  future. Love it love it OK, well, Chris
• 1:08:35
  tells me I I can't confirm here, but I'm I'm, you know blame
• 1:08:39
  Chris here he's my confirmation checking in the chat but all
• 1:08:45
  right wait man, I I got to double check it.
• 1:08:47
  OK, now I now I have to actually confirm all right Coindad deal
• 1:08:50
  with do another story, because I'm trying to confirm the first
• 1:08:53
  question in the chat now now there's some doubt with there's
• 1:08:56
  some we got to verify the election results here on live on
• 1:09:00
  the chat all right I'm trying to figure it out.
• 1:09:04
  It looks like we might have a winner, but I I got to double
• 1:09:06
  check the chat. So Coindad continue shut
• 1:09:08
  something else real quick. Or actually, oh, someone, I
• 1:09:12
  think, I think someone just answered it, though maybe we'll
• 1:09:17
  have to loosen, loosen the, the, the the answer a little bit
• 1:09:22
  'cause they aren't being that. For which question?
• 1:09:26
  The first or. The first one, the first one.
• 1:09:27
  So actually Coindad before, before we verify the results
• 1:09:32
  here, let's do a bit World Center.
• 1:09:36
  We'll plug that real quick. And then of course, we we will
• 1:09:39
  announce the the final winner here on the show live.
• 1:09:43
  OK, you have the. Yeah, I have it.
• 1:09:45
  Pulled it out right here. One second.
• 1:09:46
  Here we go, all. Right.
• 1:09:49
  So this is my vision now that Trump is in office or this
• 1:09:55
  administration that's pro Bitcoin is in office, I think
• 1:09:59
  it's a great time to for me to tell my vision to the world.
• 1:10:05
  And my idea is bit World Center. Bit World Center would basically
• 1:10:11
  be like the backbone of the museum would the museum would be
• 1:10:14
  the backbone of this place, but it would be a center to where
• 1:10:18
  you can do multiple different things.
• 1:10:20
  Where you'd have like a Bar and Grill with a menu where you know
• 1:10:23
  the peoples from like Satoshi and Hal Finney and all these OG
• 1:10:27
  names are in there keep their name alive.
• 1:10:29
  You would have a education place where you can do like a orange
• 1:10:34
  pill course and be orange pilled.
• 1:10:36
  After a couple hours of being a personal walkthrough through the
• 1:10:40
  museum, getting educated, the somebody that's a Bitcoin maxi
• 1:10:47
  wants to get married and be surrounded by the history of
• 1:10:49
  Bitcoin. They can rent this place out on
• 1:10:51
  a Saturday and have a Bitcoin themed wedding.
• 1:10:54
  A sailor can bring CE OS there to orange peel them while
• 1:10:58
  they're physically seeing stuff. But the reason why I chose DC,
• 1:11:04
  there was many options. There was Dallas and Charlotte
• 1:11:06
  and Nashville and Miami to do something like this.
• 1:11:10
  But the reason why I like these DC is because we still have
• 1:11:14
  people that are high of age in Washington DC that don't
• 1:11:20
  understand Bitcoin and buy them. Just coming down the street and
• 1:11:23
  physically being able to see a physical history of Bitcoin with
• 1:11:26
  the machines might help orange peel them to see that, you know,
• 1:11:30
  bitcoins real. The other thing is the
• 1:11:34
  educational system with schools, middle school, high school, some
• 1:11:38
  colleges, they do field trips to DC to go see the White House and
• 1:11:42
  go see, you know, the capital and stuff like that.
• 1:11:44
  And by having the Bitcoin bit World Center over there, then
• 1:11:48
  they could also funnel through and see the history of Bitcoin,
• 1:11:52
  you know, maybe somewhere around the Smithsonian or something
• 1:11:55
  over there. I don't know.
• 1:11:58
  I, I don't know where funding is going to come from for, for
• 1:12:00
  this, but I do believe in manifestation.
• 1:12:04
  That's why I'm bringing it out there to you guys, to the
• 1:12:06
  community. On that site is a Bitcoin wallet
• 1:12:10
  address. Maybe there's a whale out there
• 1:12:13
  with 5000 Bitcoin who's like, you know what I love his, I love
• 1:12:17
  what he's doing. Here's 10 Bitcoin.
• 1:12:19
  Go make it happen. I thought about a non profit,
• 1:12:22
  but I didn't really like the idea of the whole board of
• 1:12:25
  directors because sometimes I have to make fast decisions and
• 1:12:28
  I ain't got time to wait 5 days. Like I, I want that freedom to
• 1:12:32
  move quick 'cause I'm, I'm a fast mover when it comes to
• 1:12:35
  stuff. And I didn't like the idea of
• 1:12:39
  maybe, I don't know, I'm, I'm, I want to speak to Bo Hines and,
• 1:12:43
  and David Sachs maybe at, at the, at the conference in Las
• 1:12:46
  Vegas since they're speaking there.
• 1:12:48
  But you have, you know, Elon Musk mentioned that over 400
• 1:12:53
  federal buildings are not being used and they're going to start
• 1:12:55
  selling them. So maybe the government might
• 1:12:58
  say, you know what? We Trump wants the United States
• 1:13:03
  to be the Bitcoin capital of the world, right.
• 1:13:05
  So what better moment in time to have bit world center set up in
• 1:13:08
  DC and as a part of Trump's vision and, and donate one of
• 1:13:12
  these 400 buildings that they're talking about and, and, and, and
• 1:13:16
  let us build out of that. And then the community come in
• 1:13:18
  together to help with whatever needs to be done to to pay the
• 1:13:21
  bills in there. I got a five man team with my
• 1:13:23
  museum. I live five hours away.
• 1:13:26
  So it kind of be a pain in the butt right now to go back and
• 1:13:29
  forth, but I could find people that are in DC that could run
• 1:13:32
  it. But I have a lot of ideas like
• 1:13:35
  like like just imagine walking in and the floors made out of
• 1:13:38
  the genesis block and the ceiling has S 9 miners hanging
• 1:13:42
  everywhere as LED lights with the little green and red
• 1:13:45
  flashing lights. Look like the whole ceiling is
• 1:13:47
  mining Bitcoin while you're walking into this place.
• 1:13:51
  Haven't haven't. This is right here under this
• 1:13:54
  Lambo is the Avalon one. That's the world's first ASIC
• 1:13:58
  minor, first dedicated machine right there.
• 1:14:01
  They only made 600 of them. That machine, the the is
• 1:14:05
  actually at the world's biggest computer museum in in
• 1:14:09
  California. They have one too, but imagine
• 1:14:13
  that being the centerpiece of Bit World Center, where you walk
• 1:14:16
  in and you got these laser lights around it, kind of like
• 1:14:18
  the Mona Lisa of mining, you know, like holy smokes, that's
• 1:14:21
  freaking awesome when you walk in.
• 1:14:23
  I don't want no boring museum. I want something that's as fun
• 1:14:26
  and as awesome as Bitcoin. So why not build the world's
• 1:14:30
  first Bit World Center? Love it guys.
• 1:14:33
  So for the audio listeners, make sure you go to a bit
• 1:14:36
  worldcenter.com if you're interested in this project that
• 1:14:40
  Coindad's building. OK, we finally we have the
• 1:14:43
  results are in. Actually, it was it was answered
• 1:14:48
  earlier by what was it Skater 113, But he said he cheated
• 1:14:53
  because he was sitting that he he was there when this happened
• 1:14:56
  and he doesn't he doesn't need the the prize gift.
• 1:14:58
  So I, you know, I tried to triple verify this.
• 1:15:01
  So it seems like the second winner is Satoshi 21.
• 1:15:06
  We're we're going to be a little looser here because we're live
• 1:15:09
  and we got to wrap up the show. But Samson gave Coindad a hat.
• 1:15:14
  You know, if if there was, if there's some specific here,
• 1:15:17
  there you go. There you go.
• 1:15:19
  So that was the correct answer. Again, Satoshi 21 reach out to
• 1:15:25
  us on simply Bitcoin TV. And the first one was Ha's up.
• 1:15:29
  I believe it is. Reach out to us on Twitter, DM
• 1:15:34
  us, and we will figure out a way to verify that you guys are
• 1:15:37
  actually the people who actually won.
• 1:15:40
  Here we go. All right, guys.
• 1:15:41
  Well, Congrats on OK. Well, Coindad, thank you so
• 1:15:45
  much. Let's do you know one, one last
• 1:15:47
  final message to the audience and then we will wrap up today's
• 1:15:50
  show. Oh me.
• 1:15:54
  Yeah, yeah, Coindad, what's the final message sounded?
• 1:15:57
  Like you were going to a commercial or something.
• 1:16:03
  Well, buy more Bitcoin. How about that?
• 1:16:06
  There's the best. Like to be honest with you, I'm,
• 1:16:12
  I've, I've gotten numb to the volatility of Bitcoin over the
• 1:16:15
  years. I, I hope that more people get
• 1:16:17
  to that level to where you just, you don't really care what the
• 1:16:20
  price is because you know that the technology's never going to
• 1:16:23
  change. The fundamentals will never
• 1:16:24
  change no matter what happens in this world, whatever negative
• 1:16:28
  news you see out there, if you see the price drop, go sell your
• 1:16:32
  dog, go mow somebody's lawn, do what you got to do to get some
• 1:16:36
  more sats and keep stacking. They, they, they told me all my
• 1:16:39
  life growing up, don't put all your eggs in the one basket.
• 1:16:42
  I think that has finally changed and that for the first time in
• 1:16:45
  our lives, we have a more than all in one basket, which is
• 1:16:49
  Bitcoin. So on the museum side, I thank
• 1:16:54
  you for following me and everything that we're building.
• 1:16:57
  Shout out to my team 'cause I wouldn't be able to do it
• 1:16:59
  without them. So thank you to my whole team
• 1:17:02
  that helped me build it. Let's go.
• 1:17:04
  Really appreciate it, Coindad. Chris, plug your socials real
• 1:17:07
  quick and then we will wrap up today's show.
• 1:17:10
  Yeah, so you can follow me over on Twitter even though I'm not
• 1:17:12
  there much at Chris Alamo and then the number six or over at
• 1:17:15
  Noster at primal.net/chris Alamo.
• 1:17:19
  So kind of posting a little bit more on Noster trying to build
• 1:17:22
  the world that I want to see. So decentralized social media
• 1:17:24
  and I'll just leave you similar to what the Coindad said, stay
• 1:17:27
  humble and stacks that's. Let's go.
• 1:17:30
  Well guys, thank you for coming on and and Chris is going to be
• 1:17:33
  a more regular Co host here on the show.
• 1:17:36
  So you'll be seeing Chris a lot on the show.
• 1:17:38
  Coindad, thank you so much for coming on.
• 1:17:40
  Hopefully you can come on soon and we will get some updates on
• 1:17:43
  everything you're working on. I wish you the best.
• 1:17:45
  OK guys, let me pull you to the side.
• 1:17:47
  Hang out for a second. On that note, boys and girls, I
• 1:17:51
  do want to tell you about a Bitcoin Conference 2025 in the
• 1:17:57
  Las Vegas. The Simply Bitcoin team
• 1:17:59
  officially has a booth at the Las Vegas floor.
• 1:18:03
  We will be at the Venetian. We're going to hang out, we're
• 1:18:06
  going to do a live stream. Well, this are playing, we're
• 1:18:09
  going to do a live stream from the booth and you know, from the
• 1:18:11
  floor of the Bitcoin Conference 2025 in Las Vegas.
• 1:18:14
  Embracing the game theory on May 27th to the 29th.
• 1:18:18
  Hopefully that's what we do. So, you know, if you want to see
• 1:18:20
  us live, we should be on the floor.
• 1:18:22
  The whole Simply Bitcoin team will be there.
• 1:18:24
  Get your tickets now, guys. It's coming up quickly.
• 1:18:27
  It's actually what less about a month away.
• 1:18:29
  And guys, it's going to be huge. There's going to be Bo Hines,
• 1:18:32
  David Sacks, and of course, Ross Ulbricht himself is going to be
• 1:18:36
  speaking for the first time publicly at Bitcoin Conference
• 1:18:40
  2025 in Las Vegas. So scan the QR code and use
• 1:18:44
  Simply all CAPS for 10% off. Guys, it's going to be great.
• 1:18:48
  They they always outdo themselves.
• 1:18:50
  And I think this year is going to be the same.
• 1:18:52
  If if the price starts pumping, there's going to be a
• 1:18:54
  celebration. If the price isn't pumping, it's
• 1:18:57
  still going to be a celebration. Just a just a little different
• 1:19:01
  tip. All right, guys.
• 1:19:02
  Anyways, this your boy Opti, it's good to have you.
• 1:19:05
  I hope you guys have a good rest of your day.
• 1:19:07
  I'm pretty sure Nico will be here tomorrow.
• 1:19:09
  Don't hold me to it, but you already know the deal guys.
• 1:19:12
  Get outside, touch some grass, eat some good food, get a
• 1:19:14
  workout in, and of course stack more Bitcoin and take it into
• 1:19:19
  cold storage. On that note guys, I will see
• 1:19:21
  you tomorrow. Peace out.
• 1:19:23
  This has been the show for April 14th.
• 1:19:27
  Today's episode was brought to you by bitcoinwell.com, a
• 1:19:31
  Bitcoin only platform on a mission to enable financial
• 1:19:34
  independence.