Latest / Simply Bitcoin / LEAKED CONVERSATION: US SECRET Bitcoin Plan EXPOSED?! | EP 1350

Transcript

LEAKED CONVERSATION: US SECRET Bitcoin Plan EXPOSED?! | EP 1350 · Simply Bitcoin

• 0:00
  Oh well, most people have been. Waiting for the US to finally
• 0:03
  buy more Bitcoins, Scott Besson, the US Treasury Secretary, might
• 0:07
  have accidentally revealed EU s s secret plan to a well known
• 0:11
  public Bitcoin miner. Before we get into this private
• 0:14
  conversation that they had, Senator Cynthia Lummus, the
• 0:17
  Bitcoin Senator also had some interesting things to say about
• 0:20
  the future of Bitcoin in America.
• 0:23
  Let's dive into this supposed leaked conversation with Scott
• 0:27
  Besson. Before we jump into that, we got
• 0:30
  a special guest joining us on the show, Alex Spetsky.
• 0:34
  But before we get to that, let me pull up the 1st post, my
• 0:39
  friend, and let's start going through this source material.
• 0:43
  And Spetsky's joining us. Oh, sorry about the here we go.
• 0:48
  So let's get into the source material.
• 0:50
  This is a stunning admission from ECB President Christine
• 0:54
  Lagarde. That's the wrong one.
• 0:56
  Which one is it? You have the wrong one.
• 0:58
  That one. OK, thank you.
• 1:01
  You sent me that. You sent me that one.
• 1:03
  Anyways, we just finished a small dinner with Secretary
• 1:07
  Besset and Chairman Scott. We talked about the market
• 1:11
  structure, Bill. We talked about the economy and
• 1:13
  we talked about the 11 finalists for the Chair of the Fed, and we
• 1:17
  talked about the strategic Bitcoin reserve. the US holds
• 1:21
  about $17 billion of Bitcoin and will not sell and plan to
• 1:26
  continue to accumulate. Those things were cool.
• 1:29
  What's cooler? Being at the table, being in the
• 1:32
  room talking about land power, sovereign AI, talking about
• 1:36
  Bitcoin. The actual secretary of Treasury
• 1:38
  of the United States of America and the chairman of the Banking
• 1:42
  Committee care enough about when we do to sit down and talk about
• 1:46
  how they can help. We're so early, but we're about
• 1:50
  to arrive five, no other crypto or AI or AI folks were there
• 1:55
  TikTok. I mean, that's, that's crazy.
• 1:59
  And this is the CEO of Cleanspark, one of the largest
• 2:02
  Bitcoin mining companies on planet Earth.
• 2:05
  And you said it right there. He's he's he's telling the
• 2:08
  world, right. the US Treasury Secretary is admitting that the
• 2:12
  United States holds $17 billion worth of Bitcoin and they have
• 2:16
  absolutely no plans to sell. So I mean, again, this isn't
• 2:20
  just some random and on posting this information, there's ACEO,
• 2:24
  but I believe Cleanspark is a publicly traded company, right?
• 2:27
  So I think it holds weight. We were talking about Senator
• 2:30
  Lummus early on this week. Let's chat about this.
• 2:33
  I 'cause there's a, there's a few things in this is like this,
• 2:36
  this with this last part, here is something you say all the
• 2:40
  time. It doesn't really matter if
• 2:42
  you're a bitcoiner if you're not in the room.
• 2:44
  Like that's like a Nico Nico's special.
• 2:47
  Yeah. So what I've, what I've been
• 2:49
  saying is like when it comes to politics and all that stuff,
• 2:52
  like you guys have to understand, we're in this like
• 2:53
  weird transitionary period in human history where we're
• 2:57
  transitioning from the Fiat era where, you know, politics holds
• 3:02
  a tremendous amount of weight. I, I think it gets, I don't want
• 3:06
  any, I don't even want to go there, but let's just say it
• 3:08
  holds a tremendous amount of weight because it's a popularity
• 3:10
  contest for control of the money printer.
• 3:13
  That's really how I see modern day politics and you see all the
• 3:16
  dysfunction that comes with it. What I believe bitcoins going to
• 3:21
  bring into the future is this era where politics is not going
• 3:25
  to hold so much importance because I think people, more and
• 3:28
  more people are going to start voting with their feet and also
• 3:31
  their wallet, and they're going to go to jurisdictions where
• 3:33
  they're treated best. But I think that that
• 3:35
  transitionary period is going to take a very long time.
• 3:38
  And I think, Spetsky, this is your words, the Spetsky's words,
• 3:45
  the people that I can't say, I have to say, have to be nice.
• 3:48
  I have to be. I want to say but I can't say.
• 3:51
  I have to be nice. The people that most benefit
• 3:54
  from the old system, the previous system, they might feel
• 3:58
  a certain way about the new system.
• 3:59
  And we gave you guys 2 examples of that last on last week's show
• 4:04
  where we played you guys a clip of Joy Reid, I believe her name
• 4:08
  was, and she was literally saying it.
• 4:11
  It was so crazy. Like things that you would find
• 4:13
  normal. I'll quote this to you guys
• 4:16
  'cause I want to get Svensky's thoughts.
• 4:18
  I mean, I'm scared to get Svensky's thoughts on this
• 4:21
  actually. But basically Joy Reid, which is
• 4:24
  a very popular, you know, talk show host here in the United
• 4:27
  States, she said they want to take us back to no income tax,
• 4:32
  no regulations, earn what you want, Family inherits
• 4:36
  everything, right. So, I mean, you hear that on
• 4:40
  surf on the surface, and you're like, earn what you want.
• 4:43
  I mean, isn't that the whole point of capitalism and
• 4:45
  meritocracy? Like family, family inherits
• 4:47
  everything. Like, yeah, I mean, it doesn't
• 4:50
  sound too crazy, but again, they're they're saying that
• 4:54
  these types of positions are extremists.
• 4:56
  And then there was a part where a CNBC anchor was talking about
• 5:03
  Bellagi's theory about the network state versus the nation
• 5:06
  state. So.
• 5:07
  Even. People that perhaps don't
• 5:10
  believe in the ideas of Bitcoin and the political implications
• 5:13
  of what the world would look like under a Bitcoin standard
• 5:16
  are starting to see people, they become sovereign individuals and
• 5:21
  choose to opt out. And it's crazy because they have
• 5:23
  such a problem with that. But anyways, going back to
• 5:26
  traditional politics, weaving it back in what I've been making
• 5:30
  the case. For with this last election.
• 5:32
  Is that it was incredibly important in the United States
• 5:35
  and a lot of bitcoiners give me a lot of Flack for that because
• 5:37
  they say big politics don't matter, right?
• 5:40
  This is what Bitcoin is all about.
• 5:41
  I was making the case that yes, you're absolutely right in
• 5:44
  theory, but during this transitionary period, politics
• 5:48
  absolutely do matter. We got Ross Olberg freed, we
• 5:52
  ended operation choke .2 point O.
• 5:55
  If you're a Bitcoin entrepreneur in the United States right now,
• 5:58
  you have a little bit more breathing room.
• 5:59
  Bitcoin has breathing room in order for it to thrive and do
• 6:02
  its thing. And what I was telling Opti,
• 6:04
  going back to what he was referencing, is in Washington,
• 6:08
  DC, if you're not in the room, you're not in the deal.
• 6:11
  And Bitcoiners were not in the room, the last administration
• 6:15
  and the administration after that, because the previous
• 6:19
  administration attacked Bitcoiners the way they did with
• 6:21
  Operation Choke .2 Point O, with arresting CZ, with arresting
• 6:25
  Arthur Hayes, with arresting the Samurai wallet developers, with
• 6:28
  arresting the Tornado Cash developers.
• 6:30
  It galvanized the industry and essentially it forced us to
• 6:34
  throw our political hat in the ring, right?
• 6:36
  And you saw that with different Bitcoiners, I'm not going to
• 6:38
  name a lot of them, but basically different Bitcoiners
• 6:40
  started to become part of the donor class in DC.
• 6:44
  And the donor class in DC is the ones who actually make
• 6:48
  decisions, right? So this is what Opti was talking
• 6:51
  about. And the fact that again, you
• 6:53
  have the CEO of a publicly traded Bitcoin miner having a
• 6:57
  private audience with the US Treasury Secretary and the US
• 7:01
  Treasury Secretary telling him, yes, we hold, we're holding $17
• 7:06
  billion worth of Bitcoin and we have no plan to sell it and we
• 7:09
  plan to stack more is a big effing deal.
• 7:12
  Last year, me and Opti were seriously considering moving,
• 7:15
  leaving the country because of the regulatory hostility.
• 7:19
  We saw the writing on the wall like it was very obvious they
• 7:22
  did not like our industry. And then you had this recent,
• 7:25
  recent election. Now, does that mean that things
• 7:27
  can't go back to where they were before?
• 7:29
  No, that doesn't mean that at all.
• 7:30
  But the case I'm trying to make is we all want to live in the
• 7:33
  the the world of the sovereign individual.
• 7:36
  I make the case that it's not here yet.
• 7:38
  We're in this bumpy transition era.
• 7:40
  But at the same time, I think our side is winning.
• 7:42
  Like our side, the side of freedom, sovereignty, peace,
• 7:45
  prosperity. I think it's winning.
• 7:47
  I think it will continue to win as more and more country, more
• 7:50
  and more country see bitcoins incentives and they want to be a
• 7:53
  part of it. Anyway, Svetsky, before we move
• 7:55
  on, bro, guys, if you don't know Svetsky, Svetsky's one of the
• 7:59
  best effing writers in the space.
• 8:01
  He's a hell of an entrepreneur. He's founded companies that you
• 8:05
  guys are familiar with. He's wrote books that you guys
• 8:07
  are familiar with. I call him.
• 8:09
  I call him a good friend of mine.
• 8:11
  I'm happy to have him back on the show.
• 8:14
  Svetsky, dude, you've written on all these topics extensively,
• 8:18
  man. One of your latest pieces and
• 8:23
  books. I actually have it in my
• 8:24
  bedroom, Sophie, I think put it there.
• 8:28
  The Bushido of Bitcoin. So you talk a lot about a lot of
• 8:32
  these topics about like look like this is gonna be a
• 8:34
  radically different world. What is gonna be where I'm
• 8:38
  currently at in my head, Svetsky is where what is gonna be the
• 8:42
  role of government in this new society that I think we're all
• 8:46
  heading into. Svetsky, this floor is yours.
• 8:49
  Just a reminder bro we are on YouTube so.
• 8:54
  Thank you for the kind words bro.
• 8:56
  It's been a while since I've been back.
• 8:59
  There's a, there's a quote that I like from Pericles.
• 9:01
  It says just because you do not take an interest in politics
• 9:04
  doesn't mean politics won't take an interest in you.
• 9:06
  And you know, for a long time I was a raging bitcoiner, raging
• 9:11
  libertarian, raging anti statist and all this sort of stuff.
• 9:14
  But I think I've kind of matured a little bit, and my position
• 9:18
  these days is that there's no such thing as a world without
• 9:21
  politics. We, we have a world today of too
• 9:26
  much politics because you have people think voting in the
• 9:30
  franchise is a right, which traditionally throughout history
• 9:34
  never was a right. It was something that was
• 9:37
  reserved for the few and the few were those who were in charge of
• 9:41
  politics. So it was kind of like managed
• 9:43
  or it was kind of isolated to the the elites who are the ones
• 9:48
  who are most adept at dealing with that part of the world or
• 9:52
  that part of existence. Today.
• 9:55
  What we have is that there was a really, really good tweet, if up
• 9:58
  to you want to find this from Devin Erickson, which I
• 10:01
  retweeted today. I'm off Twitter largely and I'm
• 10:03
  not doing any more my own posting anymore.
• 10:06
  But I did just retweet Devin Erickson's post today, which was
• 10:10
  spot on around the position on if we had a society in which
• 10:18
  fewer people and the, the basically the, the, the true
• 10:21
  natural elite were the ones who were quote UN quote voting and
• 10:27
  doing the political process, the world would look very, very
• 10:30
  different because you wouldn't have all the idiots and the, the
• 10:34
  stupid people basically having the same say as the people who
• 10:38
  understand what's going on. So anyway, I, I will let people
• 10:40
  read that tweet if they want to sort of go down that rabbit hole
• 10:43
  and understand the nature of this thing.
• 10:46
  But my, my, my point here is that just the, the nature of
• 10:52
  politics just means like affairs of a state or affairs of a group
• 11:00
  of people. Now libertarians will sit there
• 11:03
  and say, Oh yeah, you know, well, once Bitcoin wins and you
• 11:05
  know, the we'll remove the state and the state won't exist and
• 11:09
  all this sort of stuff. And then when you kind of like
• 11:10
  push the the conversation to kind of its end state, state, no
• 11:16
  pun intended, what what sort of ends up coming out is this idea
• 11:19
  of, well, look, you know, there won't be a a nation state or,
• 11:24
  you know, or a public state in the way it's exists today.
• 11:27
  But you know, the things will be run by these large scale
• 11:30
  corporations and, and behind everything is kind of like
• 11:33
  insurance companies and everything like that.
• 11:34
  So they kind of make a economic justification for everything.
• 11:38
  But what they're making a justification for is a
• 11:40
  organization or a coordination amongst human beings along
• 11:45
  purely economic lines. That is still a state.
• 11:50
  I'm sorry to stay, you know, like it's, it's still, it's a
• 11:52
  different form of state. It's a more economically
• 11:55
  oriented form of state. But I would.
• 11:57
  Argue that maybe that's even not a good idea.
• 11:59
  Maybe that sort of version of a future where everything is sort
• 12:02
  of like economically rational is not great.
• 12:06
  Like maybe the nation state is actually superior to that
• 12:10
  because there's some element of of blood ties, there's some
• 12:13
  element of kin, there's some element of sort of.
• 12:18
  Hegemony. Yeah, exactly.
• 12:19
  There's some there's some there's some relationship
• 12:22
  between people more than just the economic relationship that
• 12:25
  you have in, you know, something that.
• 12:27
  I mean I I. Don't know if you guys have ever
• 12:28
  been to Dubai, I love Dubai. But it.
• 12:30
  Feels very plastic. It feels very artificial, right?
• 12:32
  There's nothing. It's, it's very different than
• 12:34
  going to somewhere like Japan where the relationships in the
• 12:38
  state is organized around ethnicity.
• 12:40
  It's a very different feeling. So I'm definitely no longer a
• 12:45
  libertarian in the sense that, you know, I don't agree with
• 12:48
  sort of economics as the primary thing.
• 12:51
  I don't agree with this idea that the state is going to
• 12:53
  dissolve and disappear forever because all we're going to do is
• 12:55
  just replace it with a different state.
• 12:58
  I do agree though that Bitcoin will make the economic dimension
• 13:03
  of the operation of a state more honest.
• 13:05
  And that is good irrespective of what flavour the state takes,
• 13:09
  whether it's a economic one, whether it's an ethnic one,
• 13:11
  whether it's a national one, whether it's a religious 1,
• 13:13
  whatever, right? That doesn't matter.
• 13:15
  If the economic dimension is more difficult to, to cheat with
• 13:21
  and to take advantage of the state will naturally be more
• 13:25
  honest. And ideally you will get more of
• 13:28
  a natural elite that that runs the state.
• 13:31
  But this idea that we're going to move beyond the, the, the
• 13:35
  concept of a state, we're going to move beyond the concept of
• 13:37
  politics as like kids, you know what I mean?
• 13:39
  It's kind of like, you know, the, the, the average 25 year
• 13:42
  old leftist atheist, you know, that's kind of like, you know,
• 13:45
  you have to go through that stage.
• 13:46
  You know, you grow up religious, you become a raging atheist
• 13:49
  because you're stupid. And then, you know, you reach
• 13:50
  your sort of 30s and you grow up and you like realize that
• 13:52
  there's something larger than all of us.
• 13:54
  That's kind of libertarianism. Like you, you sort of you go
• 13:57
  through the process, you realize that, oh, you know, this is
• 14:00
  evil. That's evil.
• 14:01
  You become a libertarian. And then at some point you grow
• 14:03
  up and you realize that no, it's not that simple.
• 14:06
  It's not that clean. That's not how the world works.
• 14:08
  The world is much messier than than that.
• 14:11
  So that's that's my. Yeah, I, I, I think it's a
• 14:14
  really, really like deep, deep, deep, you know, deep take.
• 14:19
  And I think it, there's a lot to unpack there.
• 14:21
  And the way that I would say it is basically, you know, at the
• 14:26
  OK. So essentially the way that it's
• 14:29
  set up right today is someone who has a lot at stake in
• 14:35
  society, meaning someone who has built a a business, someone who
• 14:40
  is employing a lot of people, their vote is equal to someone
• 14:47
  that perhaps hasn't contributed as much to society, right?
• 14:52
  And I think the, that incentive structure essentially creates a
• 14:57
  system where eventually the majority of people are going to
• 15:03
  vote to redistribute wealth, right?
• 15:07
  I think that's essentially. Yes, right.
• 15:10
  Yeah, that that's one part of it.
• 15:12
  The the second part of it is the actual understanding of the
• 15:14
  ramifications of political decisions.
• 15:16
  Man, this shit is complex. It's complex as hell.
• 15:20
  Like the average? Person has no fucking idea
• 15:23
  what's going on in the machinations and the the
• 15:25
  ramifications of their ideas, like the consequences of messing
• 15:28
  around with any sort of complex system.
• 15:30
  You know, like the average person can't manage.
• 15:32
  Their own household have a say on how global, you know macro
• 15:36
  things should be managed. It's like the dumbest thing
• 15:38
  possible. Like, you know, the fact that,
• 15:40
  like, we have this idea that everyone has a right to vote,
• 15:42
  it's so stupid. It's absolutely the dumbest
• 15:44
  thing that's ever happened to civilization.
• 15:46
  Sorry, I'm getting worked up. I'm going to shut up.
• 15:48
  Yeah, it's. It's, it's definitely, I would
• 15:51
  say, I would, I would say it's definitely, you know, it's
• 15:54
  definitely, again, I'm, I'm looking at it from like, kind of
• 15:59
  like a, a stakeholder perspective, right?
• 16:01
  Which is if you contribute more to society, right?
• 16:04
  You know, you, you work harder, you get, you know, you, you bust
• 16:08
  your ass, you contribute more to your local community.
• 16:13
  It that reflects in business, that reflects in how much income
• 16:16
  you're able to make. But in terms of your political
• 16:19
  power over society, it, it when it comes to your actual vote,
• 16:24
  it's actually equal to someone that perhaps didn't contribute
• 16:27
  as much. Right.
• 16:28
  And I think as Svetsky was saying, that perhaps misaligns
• 16:31
  incentives. And yeah, so anyways, that's a
• 16:35
  rabbit hole. I want to get back to some of
• 16:38
  the things we were talking about earlier, but this is what
• 16:40
  happens when we have Svetsky on the show.
• 16:41
  We go through these fascinating rabbit holes.
• 16:46
  One of the things. I want to cover is this this
• 16:48
  article that dropped by the Rage and it says the US Treasury
• 16:53
  won't tell us how much Bitcoin it owns.
• 16:56
  The Freedom of Information Act does not require agencies to
• 17:00
  answer to fishing expeditions, IRS tells The Rage.
• 17:03
  Earlier earlier this year, we filed a request with the
• 17:06
  Department of the Treasury under the Freedom of Information Act
• 17:09
  to disclose the amount of Bitcoin held by the US Treasury,
• 17:13
  distinguished by Bitcoin CS and Bitcoin Forfeited.
• 17:17
  The request was made in light of our previous reporting that
• 17:21
  revealed that the US Marshall Service, the agency which
• 17:24
  manages the US government's forfeiture program, holds less
• 17:27
  than 30,000 Bitcoin, far off from the 200,000 Bitcoin
• 17:31
  advertised to be owned by the US government as alleged by
• 17:34
  President President Trump. Our reporting on the US Marshall
• 17:37
  Services Bitcoin holdings cause both confusion and outrage that
• 17:41
  went so far as garnering responses from Senator Lummus of
• 17:45
  Wyoming who speculated that the government may have secretly
• 17:48
  sold its Bitcoin stash. The background for said
• 17:52
  confusion was set by sites which attempted to track the US
• 17:55
  government's Bitcoin holdings but do not differentiate between
• 17:59
  Bitcoin that has been seized, meaning Bitcoin that may have
• 18:02
  been may have to be given back to victims of criminal activity.
• 18:05
  The inclusion of Bitfinex funds on the US government's addresses
• 18:08
  displayed on the intelligence platform Arkham and Bitcoin that
• 18:12
  has been forfeited, meaning Bitcoin that is actually the
• 18:14
  government's property. So anyways, is this something we
• 18:17
  recovered, we covered when the news broke?
• 18:19
  But again, I find it interesting again that the CEO of Cleanspark
• 18:24
  is saying, look, you know, it's a trust me, bro type of
• 18:27
  situation for sure. All right?
• 18:28
  I don't want to take away from that.
• 18:31
  But you know, he is saying, look, the Treasury Secretary
• 18:33
  looked at me in the face and he said we hold $17 billion of
• 18:36
  Bitcoin and we intend not to sell, right, Which I find very,
• 18:41
  very interesting. Anyways, Opti, you did send me
• 18:43
  this. No, no, no.
• 18:45
  I. Sent you a different tweet bro.
• 18:47
  Which one? It's Senator.
• 18:49
  Lummis OK, so let me. Pull up the Senator Lummis one,
• 18:51
  then here I'll. Resend it to you.
• 18:53
  You boys are on a roll. Today I know.
• 18:55
  Right. Nika's blaming me for his
• 18:57
  inadequacies. It's a.
• 18:59
  It's a Thursday. It's Thursday, Nika.
• 19:01
  'S not allowed to vote anymore. My vote's been taken away.
• 19:05
  I cannot vote. I can't even.
• 19:06
  Pull up a tweet. I can't even vote.
• 19:08
  Anymore. OK, so the next one that we want
• 19:10
  to talk about is the Jack Dorsey they just rolled out Bitcoin
• 19:15
  payments for for businesses at proof of sales.
• 19:17
  It's just fantastic in my opinion.
• 19:20
  It's been extremely complicated as a business to receive Bitcoin
• 19:24
  payments, and especially if you're just running a mom and
• 19:28
  pop shop like a Taco stand or whatever, you know you're going
• 19:33
  to go through the technical hurdles of being able to receive
• 19:37
  Bitcoin. Well, Square made that
• 19:38
  incredibly easy, but it still doesn't solve one of the
• 19:41
  fundamental problems, which is Bitcoin is not treated as money,
• 19:48
  it's treated as property. Therefore, every time you use
• 19:51
  Bitcoin to transact, if you want to do it legally, you have to
• 19:56
  report the capital gain or the capital loss at the end of the
• 20:00
  year, you know, when you're filing your taxes.
• 20:02
  So Jack Dorsey goes on X and he says we need a de minimis tax
• 20:06
  exemption for everyday Bitcoin transactions.
• 20:09
  Senator Lummus responds with working on it.
• 20:11
  If this is of interest to you, please tell your Senator Slash
• 20:15
  House member. I know that this was tried.
• 20:17
  It was, it was attempted to be included in one of the recent
• 20:22
  bills. I think it was like the Clarity
• 20:23
  Act or something like the no, it was actually the the big
• 20:27
  beautiful bill, actually Donald Trump's bill that he passed
• 20:32
  early on this year, the no tax on tips one.
• 20:36
  They actually tried to include this passage in it.
• 20:38
  Unfortunately, it was not included in the bill.
• 20:41
  But yeah, I mean, it would be fantastic if there was, you
• 20:44
  know, a, a tax exemption for everyday Bitcoin transactions.
• 20:48
  Because right now the way that it works is it's ludicrous.
• 20:52
  And by the way, if you're using Fiat in another country, let's
• 20:57
  say you're using the Euro or the pound or the Swiss franc or
• 21:01
  whatever, whatever currency or Fiat you want to use, you don't
• 21:05
  have to pay taxes on that, right?
• 21:07
  So like if you go to Brazil and, or if you go to Spain or if you
• 21:11
  go to France or whatever and you swipe your debit card to pay for
• 21:15
  whatever thing you're buying, you don't have to pay taxes on
• 21:18
  that, on that purchase, right? So this idea is, is, is very,
• 21:23
  very interesting. So anyways, that's the intro
• 21:27
  segment of today. We're also crashing, which is,
• 21:29
  which is interesting. It's over, Bros. 120. $1000
• 21:33
  after the 126 high, it's over. It's.
• 21:37
  Over we had a good run. Pack it up.
• 21:40
  But yeah, I want to get your thoughts on this, Betsy, because
• 21:43
  again, it's quite interesting going back to what you were
• 21:45
  saying earlier, right, which is it's quite naive to think that,
• 21:50
  you know, politics don't play a role in just, you know, your
• 21:55
  life and your situation. And at the end of the day, you
• 21:59
  know, if they do manage this, I don't think they have enough.
• 22:02
  I don't think they have the votes.
• 22:03
  But if they had the, if they have the public support, this
• 22:07
  would make the lives of everyday Bitcoiners here in the USA whole
• 22:11
  lot easier. And I know most other countries,
• 22:13
  it's the same concept, right? If you use, if you use Bitcoin,
• 22:16
  if you spend Bitcoin, it's treated as property.
• 22:19
  It's not treated as money. I mean, that's always been the
• 22:23
  biggest hurdle for, I mean, there's two hurdles for Bitcoin
• 22:26
  adoption for medium exchange. 1 is the volatility of the price
• 22:30
  and you can't do anything about that other than wait.
• 22:33
  And two is the tax treatment. So the tax treatment is a purely
• 22:38
  artificial construct. It's something that is applied,
• 22:42
  you know, by the dumbasses in government.
• 22:45
  So, you know, if that can be changed thanks to a few, you
• 22:50
  know, intelligent people, then rock'n'roll, let's do that like
• 22:53
  this. This to me is like the a no
• 22:56
  brainer of an unblock, because then that'll make the process of
• 23:00
  accepting Bitcoin much easier. It's like I, I, I know many
• 23:03
  Bitcoiners like when I was in Australia, like in the in.
• 23:06
  My early days of Bitcoin. Trying to get them to accept
• 23:09
  Bitcoin for payments and this and that, man, it was it was a
• 23:12
  fucking. Nightmare.
• 23:12
  And it wasn't out of lack of interest.
• 23:15
  In having another payment mechanism, it was always,
• 23:18
  always, always, always boiled down to the price of Bitcoin and
• 23:23
  more importantly, the tax treatment.
• 23:26
  Because, you know, even even with the price of Bitcoin, it's
• 23:28
  not that bad because it doesn't mean that someone's sales are
• 23:30
  100% going to be in Bitcoin, right?
• 23:32
  Like they would be more than happy to take some, you know,
• 23:34
  sale here and there in Bitcoin. And then they would, you know,
• 23:37
  generally after they understood what it was, they would just
• 23:39
  keep it. But because of the tax
• 23:41
  treatment, because of the bullshit, the consumer doesn't
• 23:44
  want to spend because then they have to deal with the.
• 23:46
  The the nightmare of doing that stuff as does the does.
• 23:50
  The owner of the business as soon as they need to convert it
• 23:53
  for paying for cost of goods. So anyway, that's like, I think
• 23:56
  that's a nothing burger in the sense of like, I don't have an
• 23:59
  opinion out there that's, I don't know, interesting outside
• 24:06
  of let's do that for the States and that this should be a thing
• 24:09
  that should be done everywhere in the world.
• 24:10
  Yeah, I think. And also too, I think if you
• 24:13
  know the states finally, you know if they, if they move along
• 24:16
  with this, I think other countries, you know, just the
• 24:19
  game theory starts to be baked in and other countries follow
• 24:23
  suit, right? This is why a.
• 24:26
  Lot of bitcoiners were hyped with the strategic Bitcoin
• 24:28
  Reserve because they're thinking, OK, look like if this
• 24:31
  happens, you know other countries are going to start
• 24:35
  buying Bitcoin. We're going to be talking more
• 24:36
  about that during the news section actually, because a
• 24:38
  breaking news first European country announces that they're
• 24:42
  putting, let me be specific here, make sure I'm not
• 24:45
  butchering it. They're putting 1% of their
• 24:49
  sovereign wealth fund in in Bitcoin.
• 24:51
  So that's kind of it's kind of a big deal.
• 24:53
  So we're going to be talking about that during during the
• 24:55
  news segment. Also, we have Svetsky joining us
• 24:58
  on the show today. So we're going to be talking
• 24:59
  about SAT Lanis dot IO. You guys should definitely go
• 25:02
  check it out. I already signed up on the app.
• 25:04
  I got my I got my handle on Satlantis already.
• 25:07
  So you can't take my handle, but you can sign up and make your
• 25:10
  own handle. So we're going to be talking
• 25:12
  about Satlantis in a little bit. And yeah, guys, if you guys are
• 25:16
  enjoying the show so far, I think we peeked at 620 live
• 25:19
  viewers on YouTube Rumble audience almost at 100 Nosters
• 25:24
  coming in strong, loving, loving streaming on Noster via Primal.
• 25:28
  So shout out to everybody who's watching us on Noster and thank
• 25:31
  you for everyone who's sending us sats.
• 25:32
  Are we streaming on Noster? Is this working?
• 25:34
  I think it is. Maybe it's not.
• 25:37
  ANYWAYS, I'm still still getting out the kinks, but I think we're
• 25:42
  live everywhere else. So if you guys are enjoying the
• 25:43
  show, like I said, make sure to smash that like button.
• 25:47
  It's going to be a great show today.
• 25:48
  We have tons to talk about. But before we get into that, I
• 25:51
  do want to give a a very special shout out to our lead sponsor.
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• 26:42
  start the show. We have tons to talk about.
• 26:43
  We're going to be right back in just a second.
• 26:51
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• 28:04
  All right everybody, we are back at the time of recording the
• 28:06
  Bitcoin prices $119,960 block height, 918,330 SAT's per
• 28:13
  dollar, 834 SAT's per dollar market cap 2.39 trillion Bitcoin
• 28:19
  versus gold market cap 8.49%, decline from all time high
• 28:23
  -4.9%, realized monetary inflation .84%.
• 28:28
  And the grand scheme of things, we are just getting the party
• 28:31
  started, ladies and gentlemen. Anyways, I have a clip from
• 28:35
  Larry Leppard. Larry Leppard's been going hard
• 28:38
  in the paint. It says Lawrence Leppard says
• 28:41
  Jerome Powell has lost control. And when markets realize it,
• 28:44
  $450 trillion will flood into assets that can't be printed.
• 28:49
  Bitcoin is massively underpriced.
• 28:51
  So let's check out the clip and then we will all talk about it.
• 28:55
  Powell is bluffing. He says we're going to get
• 28:58
  inflation back to 2%. He says we haven't lost control
• 29:01
  even though he has and the market believes him because the
• 29:04
  forward swaps are at 275 for five year inflation.
• 29:08
  It's bullshit, but people believe him.
• 29:10
  When things start to break, he will have to change his tune
• 29:13
  well before the inflation rates 2% and everyone's going to go,
• 29:17
  uh huh, that's interesting. He really has lost control.
• 29:22
  He cannot get inflation down. All those guys have been talking
• 29:26
  about inflation is inevitable. They are right.
• 29:29
  And then you're going to see just an enormous movement of
• 29:33
  capital from other things into our things.
• 29:35
  There's $450 trillion of Fiat shit in the world, Cash, stocks
• 29:41
  and bonds, all of Bitcoin. What does it say?
• 29:43
  350 billion, 400 billion. So 450 trillion, you know, 400
• 29:49
  billion of Bitcoin, let's call it 6 or 7 trillion of sound
• 29:53
  money, Bitcoin, gold, gold, stocks.
• 29:55
  OK, 450 trill of unsound money, bonds, cash and stocks.
• 30:01
  When a quorum of the people come to the conclusion that they can
• 30:05
  never stop printing and that it is inevitable that they will
• 30:08
  have to continue to print, they are going to say please protect
• 30:12
  my assets in stuff that you cannot be printed.
• 30:16
  All it takes, it doesn't take the whole 450 coming into
• 30:18
  Bitcoin or gold for us to go way up in price.
• 30:22
  Even if only 10% of it comes in, that's $45 trillion chasing 7.
• 30:28
  How much does the value of our stuff have to go up?
• 30:31
  You know, it's, it's true that in, in 1980 when gold was very
• 30:34
  hot and very, you know, everyone thought inflation would go on
• 30:36
  forever, right at the peak of that market before Volcker tamed
• 30:39
  it, OK, in 1980, you know, gold represented 20% of all financial
• 30:44
  assets, you know, at that time, I mean, gold and Bitcoin today
• 30:48
  represent less than 1% of all financial assets.
• 30:52
  So there's plenty of upside here in the sound money stuff if one
• 30:55
  assumes that they can never stop printing.
• 30:58
  And I believe that, you know, with every, you know, every bone
• 31:01
  in my body, I believe that. I think other people are coming
• 31:04
  to believe that. But for our stuff to work, we
• 31:07
  need more people to believe that.
• 31:09
  And, you know, human beings do tend to, you know, want to
• 31:12
  protect themselves. And so, you know, as the word
• 31:14
  spreads and as the inflation continues to get bad or worse,
• 31:18
  more and more people are becoming aware, right?
• 31:21
  I mean, more and more people are being orange pilled.
• 31:23
  More and more people are aware of inflation.
• 31:25
  More people are interested in gold.
• 31:26
  I mean, you know, everyone kind of gets it.
• 31:28
  I mean, this thing is broken. I mean, California, let's, let's
• 31:31
  send out checks to help with inflation.
• 31:33
  Oh, that's a good idea. Spain just announced they're
• 31:35
  doing that. I mean, it's these guys can't
• 31:37
  stop. We're, we're in the right place.
• 31:40
  But sadly it's, it's, it's not going as fast as I would like
• 31:44
  because, you know, we all have limited time on this planet.
• 31:46
  I just, it's like, let's RIP this Band-Aid on.
• 31:48
  Let's get this over with, you know, let's just solve it.
• 31:54
  Hi everybody, Laura Lair Leopard dropping the wisdom, dropping
• 31:57
  the sauce. As always, I want to get
• 32:01
  Svetsky. What's your reactions bro?
• 32:04
  No reaction. I I guess I agree.
• 32:06
  I I mean I I have no idea about any of Jerome Powell or what
• 32:11
  they're doing. Or couldn't give two shits
• 32:13
  anymore bro True. Bitcoiner.
• 32:15
  True Bitcoiner. Like.
• 32:17
  Not even that, it's just like I. I fucking don't care bro, I just
• 32:24
  don't give a shit. Oh man, I love Larry, you know?
• 32:30
  But like, man, I, I, you know, I, I just am so far like removed
• 32:38
  from anything that's going on in like the markets or any of that
• 32:41
  sort of stuff, like 17 billion, three billion, like I don't even
• 32:45
  know what any of those numbers mean.
• 32:46
  I don't even know what it like. Like has literally 0 interest to
• 32:51
  me. I mean that dude, that is the
• 32:55
  most Bitcoin answer. Bitcoin Zen, I think confirmed
• 32:58
  Svetsky has reached Bitcoins end.
• 33:00
  It's confirmed. So Opti, what do you think about
• 33:04
  Larry LaPorte? Are you on Svetsky's level?
• 33:06
  Because I kind of, I mean. Svetsky is my spirit animal.
• 33:11
  100% spirit animal. I I if it wasn't for the show I
• 33:16
  would be 100% on board with exactly what Svetsky is saying.
• 33:20
  That's literally how I came to Bitcoin.
• 33:22
  This whole idea of like, I just don't care anymore.
• 33:24
  I'm just trying to save in something that won't get
• 33:27
  destroyed. Recently, you guys know I have,
• 33:30
  I have been dabbling in the macro stuff because I think the
• 33:33
  gold market is telling us a lot of interesting stuff that's
• 33:35
  going on. And like I've been saying, what
• 33:39
  what we're starting to see recently is this whole new meme
• 33:43
  coming out of Wall Street. This whole debasement trade is
• 33:46
  the hottest trend going on right now.
• 33:48
  And I actually saw Larry LaPorte, I don't have his tweet
• 33:51
  up right now, but he he did a tweet the other he's like, I
• 33:54
  literally wrote a whole book about the debasement trade.
• 33:56
  At least they're finally waking up to what's going going on.
• 33:59
  And I think that's just where we are right now.
• 34:02
  And like Larry said, you know, I'm obviously I'm what, maybe
• 34:06
  half of Larry's age here, but I think we are all, you know,
• 34:12
  spirit animals with with, or rather are spirit animal.
• 34:15
  We're all just like guys, It's like so obvious.
• 34:17
  You guys don't see this. It's taking you guys 15 years to
• 34:20
  wake up to this. At least it took you a year or
• 34:23
  two to wake up to what's going on.
• 34:25
  Ever since the ETF was launched, ever since, it's been kind of
• 34:28
  palatable for people to embrace Bitcoin.
• 34:30
  But it still feels like it's going way slower than any of us
• 34:34
  could have imagined. But at least it's happening in
• 34:36
  real time. And it does feel like the
• 34:38
  classic trope of just watching a slow motion train crash
• 34:42
  happened, but it is happening. And you're starting to see that
• 34:45
  more people aren't waking up to this idea.
• 34:47
  Of course, they coined it, the debasement trade.
• 34:50
  In reality, everyone knows what's going on.
• 34:52
  They're just destroying Fiat currencies and essentially
• 34:55
  inflating their asset prices because the people that are in
• 34:58
  control hold assets that no one holds dollars.
• 35:00
  And if you know what's going on, you don't hold dollars.
• 35:03
  But this is happening in real time.
• 35:05
  It's happening probably a lot slower than we thought it would.
• 35:07
  But yeah, I totally agree. What do you say?
• 35:09
  You know, there's a $450 trillion of trash out there that
• 35:12
  people are holding, and now they got to find a new home for that.
• 35:16
  And as we're seeing with gold hit all time high, people are
• 35:21
  waking up to this idea that they need hard money.
• 35:23
  And so obviously Bitcoin and Bitcoiners are just waiting for
• 35:27
  that moment to happen Until we start to see a tsunami of
• 35:31
  capital start to enter Bitcoin, then most people are still going
• 35:33
  to be asleep at the wheel. And I've been telling you guys,
• 35:35
  you know, like personal anecdotes of of this happening
• 35:39
  again. I'm repeating myself from
• 35:40
  yesterday, but had a combo with my mom and she basically was
• 35:44
  saying the same thing. So many people are going to be
• 35:46
  sitting there on the sidelines and being like, oh, I wish I had
• 35:49
  bought Bitcoin. And I've been going further and
• 35:52
  saying, yeah, everyone's going to be saying that, and they're
• 35:54
  going to get mad at us Bitcoin and for not telling them.
• 35:56
  And it's like, guys, we've been doing this for 15 years at this
• 35:58
  point, you know, Nico, and I've been doing this for five years
• 36:01
  on the Internet trying to do it. And, you know, we might be one
• 36:05
  of the most successful ones doing it.
• 36:06
  And yet still people don't care. It seems like a lot of people
• 36:09
  are asleep at the wheel and it's really going to take a lot of
• 36:13
  pain for people to finally wake up to what's happening.
• 36:16
  And it's super unfortunate, but hey, we have Bitcoin.
• 36:19
  We're chilling here. I was actually talking to Sal
• 36:21
  this morning, Nico, my, my trainer, Setzi, and we were all
• 36:26
  just talking. We were me and him were going
• 36:28
  back and forth and we're like, man, it's just crazy how people
• 36:32
  are just oblivious of what's going on when it's so obvious to
• 36:36
  us that at this point where it's like this is this is elementary,
• 36:41
  guys. Like when are you going to wake
• 36:42
  up to what's going on? It seems like it's going to take
• 36:45
  a lot longer than we probably even imagine.
• 36:49
  I think it'll be in our lifetimes.
• 36:50
  Maybe. You know, I actually, I'm not
• 36:53
  going to say that that's kind of.
• 36:54
  That's kind of me. But it's going to happen in our
• 36:57
  lifetimes guys, so just stack sats and chill.
• 37:02
  Absolutely stack sats everybody want go ahead.
• 37:06
  I was going to say the. Same people that Opti just
• 37:09
  described are voting, so we really need to know about the
• 37:13
  world. Everybody wants to reach Svetsky
• 37:17
  Zen, Bitcoin Zen. I think everybody wants to reach
• 37:20
  that point in in your Bitcoin journey, in your Bitcoin career.
• 37:24
  It's extremely peaceful. It's very quiet.
• 37:27
  It's very Zen. Anyways, guys, it's going to be
• 37:30
  a fantastic show. We still have a lot to cover.
• 37:33
  Breaking news, a European country has started buying
• 37:37
  Bitcoin. I already know Svetsky's answer
• 37:39
  to this. And then we're going to be
• 37:41
  talking about SAT Lantis during the culture segment.
• 37:44
  So you guys are going to want to stay tuned.
• 37:46
  If you guys are enjoying the show so far, make sure to smash
• 37:48
  that like button and we're going to be right back in just a bit.
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  anything on their website. Bit key dot world again, Bit key
• 40:43
  dot world. Anyways, the breaking news for
• 40:45
  today is Luxembourg joins the Bitcoin Arms Race Nation's
• 40:51
  wealth fund to buy Bitcoin For the first time, Luxembourg is
• 40:55
  officially joining the ranks of governments investing in
• 40:58
  Bitcoin. The country's intergenerational
• 41:01
  sovereign wealth fund will allocate 1% of its portfolio
• 41:05
  over seven €7 million to Bitcoin and other crypto, Finance
• 41:11
  Minister Gills Roth announced Wednesday during his 2026 budget
• 41:15
  presentation in the Chamber of Deputies.
• 41:19
  Quote This is really great news for crypto assets because this
• 41:23
  is the first investment of a public fund in Bitcoin in
• 41:26
  Luxembourg. The move positions Luxembourg as
• 41:29
  the first Eurozone nation to allocate sovereign wealth into
• 41:33
  Bitcoin ETFs, making a significant symbolic step for
• 41:37
  Europe's financial landscape. It goes on to say Bitcoin as a
• 41:41
  strategic financial allocation. As of June 30th, 2025, the FSIL
• 41:46
  held $887,000,000 in assets, primarily an investment grade
• 41:51
  bonds index funds with less than 1% in cash.
• 41:55
  The planned allocation, if implemented at current levels,
• 41:58
  would translate to roughly $9.5 million in Bitcoin exposure
• 42:02
  through ETF. Luxembourg's director of
• 42:05
  Treasury confirmed the details in a Wednesday post, explaining
• 42:09
  that the decision follows the government's July 2025 approval
• 42:13
  of a revised investment policy allowing up to 15% of FSIL
• 42:19
  assets to be placed in, quote, alternative investments,
• 42:22
  including private equity, real estate and cryptocurrencies.
• 42:26
  He acknowledges the bait surrounding the move.
• 42:28
  Quote Some might argue that we're committing too too little
• 42:32
  too late. Others will point out the
• 42:34
  volatility and speculative nature of the investment.
• 42:37
  Yet, given the Fsils particular profile admission, the Funds
• 42:42
  Management Board concluded that a 1% allocation strikes the
• 42:46
  right balance while sending a clear message about Bitcoins
• 42:49
  long term potential. Kifer clarified that the
• 42:53
  exposure would not involve direct Bitcoin holdings to avoid
• 42:57
  operational risk. The exposure to Bitcoin has been
• 43:00
  taken through a selection of ETFs.
• 43:03
  Luxembourg as a Bitcoin hub The decisions also aligns with
• 43:07
  Luxembourg's broader strategy to cement its status as a fintech
• 43:11
  and digital assets hub within the European Union.
• 43:14
  The country has increasingly become a base for crypto Ferns,
• 43:17
  applying for Mika licenses, which allow companies to operate
• 43:22
  across the EU under unified regulatory standards.
• 43:25
  By integrating Bitcoin ETFs into a state investment fund,
• 43:29
  Luxembourg is signaling that digital assets are entering the
• 43:32
  financial mainstream, not as speculative gambles, but as long
• 43:35
  term strategic holdings. Kind of connecting the next
• 43:38
  piece of news with this next Gen. golf airs push family
• 43:43
  wealth into crypto and hedge funds.
• 43:45
  The canoe twins LED one of the regions earliest family offices
• 43:49
  office Bitcoin bets in 2020. Next Gen. airs in the Gulf for
• 43:53
  steering centuries old fortunes towards crypto and hedge funds,
• 43:57
  signaling a break from the traditional focus on real estate
• 44:00
  and local businesses. It goes on to say leading the
• 44:03
  charge are I can't pronounce those in his names, I'm sorry.
• 44:06
  A very wealthy family from Bahrain who pushed their family
• 44:10
  office back to Bitcoin in 2020. According to a Tuesday report by
• 44:13
  Bloomberg, their proposal, initially met with skepticism by
• 44:16
  the family's investment head James Burke, was eventually
• 44:20
  approved by Canoe's group committee.
• 44:22
  Despite resistance from older members, a small Bitcoin
• 44:26
  allocation was made and later sold out of profit.
• 44:28
  Since then, the family office has continued investing in
• 44:31
  digital assets sets, now opting for hedge fund structures to
• 44:34
  manage risk and exposure. So as you can see, Bitcoin
• 44:38
  adoption on a nation state level on a on a ultra high net worth
• 44:42
  individual level is spreading worldwide.
• 44:45
  It's catching like wildfire everywhere all across the world.
• 44:50
  And this is really, really cool that this is happening.
• 44:54
  But as Bitcoins, as as Fetsky said, I don't care.
• 45:02
  I'm, I'm in Bitcoin's end, right?
• 45:05
  So I'm already anticipating what Svetsky's going to say.
• 45:07
  I'm going to pass it on to Opti. Well, look, first thoughts are
• 45:12
  one percent, $7,000,000. Like these are rookie numbers.
• 45:16
  We got to we got to, you know, pump these numbers up here.
• 45:20
  Though I do like the name of this fund, sovereign wealth fund
• 45:24
  with generational wealth. This I don't know what the rest
• 45:27
  of it was, but hey, you know, the memes are playing out in our
• 45:30
  favor. And and someone in the rumble
• 45:31
  chat was like, OK, cool. Like the smallest country in
• 45:34
  Europe embraced Bitcoin. Yeah, they're also like the
• 45:37
  richest per capita. So it really reminded me of like
• 45:40
  Bhutan, the Kingdom of Bhutan, where it's what what was their
• 45:43
  stuff? It's like a country that is
• 45:45
  based on like peace and prosperity is embracing Bitcoin.
• 45:48
  And now we got one of the I think they're considered like
• 45:51
  the wealthiest country in Europe.
• 45:53
  I know not by like how much money they have, but again, by
• 45:56
  per capita. So it does look like not only
• 45:59
  people that want a little more peace in their life, but those
• 46:01
  that have some wealth are looking at Bitcoin as a way to
• 46:04
  maintain their wealth. So you kind of love to see this.
• 46:08
  And then the news of the Middle East brothers embracing Bitcoin,
• 46:12
  this is kind of the trend we've been seeing all throughout the
• 46:15
  year is that people with a lot of wealth are looking into
• 46:18
  Bitcoin. The Middle East has been one of
• 46:20
  the hot spots throughout this year of capital flowing into
• 46:23
  Bitcoin. Now the whole, you know, just
• 46:26
  they want exposure to Bitcoin through the ETFs.
• 46:29
  Like it's not how I would like to see this happen.
• 46:32
  But again, like, what is my opinion really worth?
• 46:34
  I just talk a lot of shit on YouTube, but you are starting to
• 46:38
  see, and I think that last sentence was kind of the kicker
• 46:41
  here, you're starting to see that Bitcoin is being accepted
• 46:44
  mainstream. It's no longer being looked at
• 46:46
  as a speculation. And I think that is kind of the
• 46:49
  trend of what we saw seen all year.
• 46:52
  It's no longer just considered a speculative asset.
• 46:54
  Yes, there is speculation involved in where Bitcoins going
• 46:57
  to go, but now it's starting to become kind of the cornerstone
• 47:00
  of a lot of people's portfolio. So hey, it's starting at 1%.
• 47:03
  I'm sure they're going to ramp this up.
• 47:05
  I'm sure everyone does something similar.
• 47:07
  You kind of dip your toes in one percent, 2% into Bitcoin and
• 47:11
  then they will eventually probably get this up to like 20
• 47:15
  plus percent. You know, they they should go
• 47:16
  all in if they really want to save some generational wealth.
• 47:19
  It should be 100% of this going in and they have like
• 47:22
  887,000,000. So that'd be a nice little buy
• 47:25
  for Luxembourg. But you know, I guess baby steps
• 47:29
  is good. Absolutely, absolutely.
• 47:32
  All right, everybody we're going to hit the culture segment.
• 47:34
  He's like, I don't care. We yeah, I mean, I think it's a.
• 47:37
  Fucking good thing we've been talking about this shit for
• 47:39
  years now and it's like the fact that it's happening, it's like
• 47:41
  it's actually happening. We.
• 47:43
  We. We prophesied this shit.
• 47:45
  Everyone should be bowing down to us and be like these better
• 47:48
  so the future. And it's like, yeah, that's
• 47:51
  right. That's why we get a vote and you
• 47:52
  don't. Oh.
• 47:54
  Man, come on, everybody. We're going to, we're going to
• 47:58
  hit the culture segment. We have tons to talk about.
• 48:00
  We're going to be right back in just a little bit.
• 48:03
  Here we go. I want to give a shout out to
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  our partner Hive Digital Technology.
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  digitaltech.com. I want to give a shout.
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  freedom. Oh.
• 50:08
  Right, Alex, Or rather it honestly, it feels weird when I
• 50:12
  call you by your first name. So that's Ski.
• 50:14
  I know, I know you've been saying or I don't know if you
• 50:18
  said it on the show or after the show or before the show, sorry
• 50:21
  about you being off social media, but a lot of the stuff
• 50:24
  you've been doing is revolving around social media.
• 50:27
  It's just not necessarily Twitter or YouTube.
• 50:30
  You've been going very hard on Noster and as this article is,
• 50:35
  you know, as Noster as possible. So what is this concept of am I
• 50:38
  going to say this anap like it's like ancap but without the C
• 50:41
  anap. What are you?
• 50:43
  What are you? Trying to do here.
• 50:45
  No, dude. Actually.
• 50:46
  To, to, to push back even on that.
• 50:49
  Like I, I don't give a fuck about social media, whether on X
• 50:52
  or Nostra or anything like that. I, I don't think nostrils any
• 50:54
  better either. Like I'm, I'm sort of done with
• 50:57
  social media and the online world all together.
• 50:59
  We, we've had some big changes with Atlantis in the last month
• 51:02
  and a half, two months since we came back from Prague.
• 51:06
  Basically, I, I am no longer convinced and this is going to
• 51:09
  sound bearish, but whatever, I'm no longer convinced nostril
• 51:13
  stands a chance against like X or Rumble or Substack or any of
• 51:16
  that sort of stuff to win in the attention economy.
• 51:21
  YouTube, Instagram, Twitter, TikTok, they're all just too
• 51:26
  good. They're they're they're too good
• 51:27
  at hijacking the the mental space in people's minds,
• 51:33
  particularly like now that the whole censorship resistant
• 51:36
  narrative has changed. Like, you know people, I mean,
• 51:39
  you guys are on Rumble I. I.
• 51:41
  Could almost guarantee you get more people who are interested
• 51:44
  in censorship resistance through rumble then through nostril.
• 51:48
  I could be wrong, but you correct me if I'm wrong there.
• 51:51
  So that sort of mindspace has been taken up.
• 51:53
  So my whole philosophy around all of this stuff has evolved.
• 51:57
  And as such, we're we're evolving our product big time.
• 52:00
  So we're we're actually going to kill the the content feed part
• 52:04
  of the product. We're we're going to move away
• 52:07
  from being about, you know, getting people to post content
• 52:10
  on a new place because honestly, that just increases the
• 52:12
  friction. Like even for you guys, I can
• 52:15
  imagine as content creators, like do you really want to post
• 52:20
  content on Twitter and then on Instagram, then on sub Stack and
• 52:24
  then on Rumble and then also on fucking Noster?
• 52:27
  No, like, really. Is that is that that solving a
• 52:29
  problem for you? It's the bait.
• 52:30
  Of my existence like 100% right? So, so to me, I've kind of just
• 52:37
  had this epiphany. I was like, well, fuck, what
• 52:38
  have we been doing? Like, and you know, we, we, we
• 52:40
  sat there trying to build like a, you know, a, a social network
• 52:43
  for sovereign individuals. But you know, we went to a bunch
• 52:45
  of conferences and stuff and realized people don't give a
• 52:47
  fuck, man. Like.
• 52:49
  I, I really have to be honest here.
• 52:50
  So we throwing away the social side of it or or at least
• 52:54
  throwing away the content side of it, content and feed and
• 52:57
  we're going specifically and you, you've, you've got it on
• 52:59
  the screen now. The experience economy is like
• 53:02
  there is this movement now of people who just want to sort of
• 53:05
  get offline and like live in the real world.
• 53:08
  And now that doesn't mean you get off and like become Ted
• 53:10
  Kaczynski, right? Like, and you're going to go
• 53:11
  live in a fucking in, in the forest somewhere.
• 53:14
  No, what I'm talking about is, yeah, you might have some level
• 53:17
  of online stuff going on and you know, a lot of people run online
• 53:19
  businesses and stuff. But you know, the real juice of
• 53:21
  life comes through events, comes through some sort of travel
• 53:25
  comes through doing stuff. So in short, Atlanta's becoming
• 53:30
  an events app, simple as that. Like run and host events and get
• 53:35
  paid in Bitcoin like. You know, so I.
• 53:38
  Don't know if you guys know Luma or Eventbrite or meetup.com, but
• 53:41
  basically like our whole pitch is simplifying now and it's
• 53:44
  just, hey, we're going to build the best events app on the
• 53:48
  planet where you can as a host, spin up an event and get paid in
• 53:54
  stats. We'll, we'll introduce also
• 53:56
  Tether and we'll add Fiat as well because we're an events
• 53:59
  app. We're not a noster app or a
• 54:01
  Bitcoin app or all of that bullshit like, and I, I have a
• 54:04
  whole theory around this, which is the next generation of
• 54:07
  Bitcoin companies, the next generation of, you know,
• 54:10
  meaningful companies are not going to be Bitcoin companies on
• 54:13
  the surface. They're like we're an events
• 54:15
  product and we're going to build the best goddamn events app on
• 54:18
  the planet. And it would just happen to have
• 54:22
  Bitcoin payments in there. It'll have tether payments in
• 54:25
  there as well, USD T and we'll have Fiat payments for those who
• 54:27
  want to do that. But it'll have the best feature
• 54:29
  set for running events and growing a community around your
• 54:32
  events so that you as the host can monetize and grow that
• 54:37
  community and build better and better events.
• 54:39
  Simple as that. So, you know, if you're familiar
• 54:41
  with like Luma, Luma I think is the gold standard in in events
• 54:44
  apps these days. But they're Solana Bros, right?
• 54:48
  So fuck them. We're going to build a Bitcoin
• 54:50
  native events app and we're going to build the best one
• 54:52
  possible where you can host calendars, you can build
• 54:56
  community, you have a social layer in there.
• 54:59
  The discovery experience is really cool.
• 55:00
  So this is where the social element comes in is that I can
• 55:03
  see, because me and Nico are connected, I can see that Nico's
• 55:07
  running an event, all that Nico and Opti are going to X event.
• 55:11
  And that's interesting to me, right?
• 55:12
  So that is like that is social context coming into the app, but
• 55:16
  it's not about post. It's not about Nikko and Opti
• 55:19
  posting content. I don't even fuck about that.
• 55:21
  I know who you guys are and I want to see if we're like, you
• 55:24
  know, I'll, I'll give you one example.
• 55:25
  When you go to like Vegas or Miami for the big BBC media
• 55:29
  conference and there's like 10,000 satellite events
• 55:32
  happening, how do you know which one to go to?
• 55:35
  Like you're sitting there on WhatsApp and Telegram and Signal
• 55:37
  like, hey bro, which one you going to?
• 55:39
  It's like a fucking mess. Imagine if you got like a
• 55:42
  beautiful calendar page with all the satellite events and you can
• 55:44
  see instantly, OK, my friends are going here or there or
• 55:47
  whatever. You RSVP, one click, send some
• 55:50
  sats, boom, you ZAP the fucking event and it's done.
• 55:52
  You go. That's it.
• 55:54
  So simple, clean, easy. We're going to build the best
• 55:58
  Bitcoin native events product on the planet.
• 56:01
  That's what we're doing. Fuck.
• 56:04
  One, one question here, 'cause we, we were, we were, you know,
• 56:08
  kind of trolling about posting to a bunch of different social
• 56:10
  media apps. But so how is this calendar
• 56:17
  going to like connect? So like, I don't have to
• 56:20
  actually go and be like, OK, I'm going to all these events.
• 56:23
  Is this going to be like through Noster?
• 56:26
  So like people. Know so.
• 56:27
  Like if I just click it and I buy to go this one place, it's
• 56:30
  like, you know it's there and everyone can see this.
• 56:34
  Well, the idea is that you are logged in with your Nostra
• 56:37
  account, right? So your.
• 56:39
  Your Nostra connection still works.
• 56:41
  So like I'm I'm viewing Nostra completely differently now.
• 56:44
  I don't think Nostra can compete, at least not for the
• 56:46
  next 10 years on content and feeds, right?
• 56:50
  But when Nostra has a massive edge is that it is an open
• 56:54
  social graph. So I can now build an events app
• 56:58
  where I can surface some social information, which is, hey, who
• 57:01
  of your connections are going somewhere?
• 57:03
  That to me is really interesting.
• 57:05
  It's not interesting for me to get content creators to come and
• 57:07
  post on Atlantis now all of a sudden, because then you as a
• 57:10
  content creator are like, fucking hell, now I have to post
• 57:11
  over here as well. Like you don't want to do that.
• 57:14
  Whereas here it's like you have an option.
• 57:16
  You can host an event on Eventbrite by all means as a
• 57:20
  host, no worries. But you'll pay 10%, you'll pay
• 57:24
  through the nose for the tickets that you sell to Eventbrite.
• 57:27
  So you don't like that. And then for your attendees on
• 57:30
  Eventbrite, you know, they might virus VP to an event that you're
• 57:34
  hosting, buy a ticket, but they can't see who of their friends
• 57:38
  are going to that event because Eventbrite doesn't have a social
• 57:41
  graph underlying it. So we are going to out compete
• 57:44
  Eventbrite, give the attendees a better experience and give the
• 57:47
  host a better experience. That's the that's the name of
• 57:51
  the game here is build better fucking tools and use Bitcoin
• 57:54
  and nostril as tools that enhance the product.
• 57:58
  But don't get lost in building a fucking noster product or
• 58:02
  building a Bitcoin product. This, this four Bitcoin
• 58:05
  products, maybe 3 real ones and one fake one.
• 58:08
  There is wallets, there is exchanges, there is miners and
• 58:13
  now there's fucking treasury company Ponzi schemes, right?
• 58:16
  That's it. Name.
• 58:18
  Name for me. Another Bitcoin company that
• 58:20
  exists that is outside of those categories.
• 58:24
  Propaganda. OK.
• 58:25
  Oh yeah. Yeah, yeah.
• 58:27
  Media company, but you're not a Bitcoin company, you're a media
• 58:30
  company. Yeah, that's true that's true
• 58:32
  Talk about Bitcoin exactly right.
• 58:33
  So so all these other ones so they're the only real Bitcoin
• 58:36
  companies. So in my opinion with like the
• 58:38
  age of Bitcoin companies is sort of done it's been you know, no
• 58:42
  one's launching a new exchange. All of that shit, it's it's done
• 58:44
  now that's been had. I think the next generation of
• 58:47
  quote UN quote business around the Bitcoin space is build a
• 58:52
  media company, build an events app, build a travel app, build a
• 58:57
  community app, you know, like orange peel app, build whatever
• 59:00
  and then make Bitcoin a part of it.
• 59:03
  Yeah, no, I. I totally agree with that.
• 59:05
  I actually was saying this, I, I forget at some point this
• 59:08
  weekend. It's obviously an old trope at
• 59:11
  this point, you know, like Bitcoin hasn't had the iPhone
• 59:13
  moment, but I was watching that Steve Jobs movie with Ashton
• 59:17
  Kutcher. And that's exactly like with the
• 59:20
  thought I got here is like, no one really cares.
• 59:23
  You know how to build a computer.
• 59:25
  You just want to use a computer so that you can do what you want
• 59:28
  to do. And then I watched the Air
• 59:30
  Jordan movie and it was the same thing.
• 59:31
  It's like no one really cares about a sneaker.
• 59:34
  It's about kind of the social status.
• 59:37
  It's around the sneaker that makes it something It's about
• 59:40
  the person that puts the shoe on that really makes like an
• 59:43
  impact. And I think I've been saying
• 59:46
  this on the show for a while and everyone knows like I'm really
• 59:49
  bad at responding to like text messages and, and DMS. And it's
• 59:52
  like a it's a running joke now. But it's because I'm like on the
• 59:56
  same tip as you where when I get off work here, you know, it's
• 1:00:00
  simply Bitcoin and I'm done doing what we need to do for
• 1:00:03
  work. I'm just basically tuned out of
• 1:00:06
  social media. And I've started to realize in
• 1:00:09
  the last couple of weeks now that I am down here in Miami and
• 1:00:12
  I kind of have to like build, you know, a new kind of social
• 1:00:16
  life around my new life down here.
• 1:00:19
  I've just been SO. Kind of grateful for all the
• 1:00:23
  relationships in my life. And it really, really I like it
• 1:00:25
  resonated with me where it's like community is the most
• 1:00:29
  important aspect of what we're doing and being on social media,
• 1:00:32
  especially right now, it's a bunch of crazy stuff on social
• 1:00:35
  media and it's, it is like an engagement farming and, and we
• 1:00:38
  partake in it because that's our business.
• 1:00:40
  We are a media company. But like, the importance of the
• 1:00:43
  relationships in the last couple of weeks has really dawned on
• 1:00:47
  me. And I'm just like so grateful
• 1:00:49
  for all of the people in my life that know me, that love me, that
• 1:00:53
  understand who I am. And, you know, just getting on
• 1:00:56
  the phone every once in a while and talking to your friends is
• 1:00:59
  like, I forgot how much I, I'm like, I'm still a human.
• 1:01:03
  I forgot how much that actually means to me.
• 1:01:05
  And so I think what you're doing, this whole community
• 1:01:08
  connection aspect is just like, I, I think it's really
• 1:01:11
  underrated right now. And people are really kind of
• 1:01:14
  missing the point because we're just so caught up in social
• 1:01:16
  media that like, we're basically already robots, right?
• 1:01:19
  We're just like feed the algorithm so that I can get some
• 1:01:22
  more clout versus like, Hey, how about like connecting with
• 1:01:25
  people at in, in person, in, in, in, in the what?
• 1:01:29
  What do they call it in the real world or the meat space?
• 1:01:32
  Meat space. Yeah, I.
• 1:01:34
  Mean the, the we're, we're simultaneously more connected
• 1:01:38
  than ever, but like more disconnected.
• 1:01:40
  Yeah, exactly. That's why, I mean, that's why I
• 1:01:42
  invited you guys to the, to the Discover Fluoripa event that we
• 1:01:45
  want to run down here. It's like, you know, it's cool
• 1:01:48
  you, you guys and us catching up on, you know, catching up with
• 1:01:52
  you guys. Sorry, on, on, on this call, but
• 1:01:54
  dude, it's so much better in real life.
• 1:01:57
  And that's like, that's the whole revamp here for, for
• 1:02:01
  Atlanta. It's like, you know, I, we, we
• 1:02:02
  tried to do too much like with two little resources.
• 1:02:05
  And, you know, we went really wide and we drank the nostril
• 1:02:08
  kool-aid. You know, we're like, Oh yeah,
• 1:02:10
  you know, we're going to sort of like, you know, defeat all of
• 1:02:15
  these big incumbents and everything like that because
• 1:02:16
  Nostra is going to take off and it's going to take over the
• 1:02:18
  world and all this sort of stuff.
• 1:02:19
  And then, you know the the effect of the Kool-aid wore off.
• 1:02:22
  You know the effect of the crack wore off.
• 1:02:26
  Metaphorical. Crack.
• 1:02:28
  Metaphorical crack. And you know, I sort of like
• 1:02:34
  woke up and I was like, wait a minute, no, let's let's just
• 1:02:38
  build something really simple and different.
• 1:02:41
  And it's funny because I realized along the way and I
• 1:02:44
  couldn't, I don't know if you guys have realized this, but
• 1:02:45
  there is no actual good dedicated events app that can
• 1:02:50
  kind of like compete properly with Eventbride or Luma or
• 1:02:53
  something like that. That is Bitcoin native, like
• 1:02:55
  where you can spin up an event and get paid in Bitcoin.
• 1:02:58
  Like the fact that that doesn't exist.
• 1:02:59
  I was like, what the fuck? Like, you know, people kind of
• 1:03:01
  fandangle these like, you know, they build a website and then
• 1:03:04
  they kind of like RAM Bitcoin. What is it BTC pay server in
• 1:03:08
  there or some shit like this. It's kind of like all of this
• 1:03:10
  stuff like bolted together, but there's no like really smooth,
• 1:03:15
  Hey, click create event description image Co hosts
• 1:03:21
  tickets, Bitcoin price submit like and that experience and
• 1:03:28
  then be able to edit and stuff like that.
• 1:03:29
  Man, it doesn't exist. So we're going to make that
• 1:03:32
  really smooth mobile app web app.
• 1:03:36
  That's the like we we have the first version already.
• 1:03:39
  Bitcoin payments will roll out in a couple of weeks and then
• 1:03:42
  yeah, my my call to action for anyone listening is if like if
• 1:03:45
  you go to any Bitcoin meetups in the real world, if you are a
• 1:03:48
  host of any meetups like get off meetup.com, get off Eventbrite,
• 1:03:52
  get off Luma, stop supporting fucking shit Coiners and come
• 1:03:55
  and host your event on Celantis. Simple as that.
• 1:03:58
  Let's roll, guys. Go to.
• 1:04:00
  SAT Lantis dot IOI put it in the Rumble.
• 1:04:03
  Rumble's popping off right now, by the way.
• 1:04:05
  Speaking of Rumble, 300 live viewers on Rumble, almost 600
• 1:04:08
  live viewers on YouTube X always in the thousands.
• 1:04:11
  Wait, Nico. Before and I and I forgot.
• 1:04:13
  Out of all days, I forgot I forgot to set up Primal today.
• 1:04:19
  I forgot to set up. Primal, but we usually work on
• 1:04:22
  primal and I love the. Primal guys, yeah, literally
• 1:04:24
  make, we're actually making Shetzi's point by having to set
• 1:04:28
  up everything on all these different accounts.
• 1:04:30
  It's yeah, it's it's rough anyway, so let me, let me.
• 1:04:34
  Say one thing. Sorry, let me say one thing.
• 1:04:36
  This is not to take away for like, I love the guys at Primal
• 1:04:38
  as well. What they're doing is a fucking
• 1:04:40
  gargantuan task. Like Primal is going up against
• 1:04:42
  Rumble and Twitch and X and all that sort of stuff.
• 1:04:45
  I'm here. I'm saying, look, I'm a fucking
• 1:04:46
  pussy. I can't do that.
• 1:04:49
  I'm I'm going to go, I can't do that.
• 1:04:52
  Like I, I don't have the the the capacity and all that sort of
• 1:04:55
  stuff. So you know, Godspeed and
• 1:04:56
  everything to, to Primal on that, that they built a
• 1:04:59
  fantastic app. And in my opinion, honestly,
• 1:05:01
  like even in the nostril space, there's one winner for content.
• 1:05:06
  Like the idea that you're going to use Primal and Damus and
• 1:05:08
  Amethyst and fucking Iris and Atlantis and all this other shit
• 1:05:11
  just to see like the same content from the same people you
• 1:05:14
  follow is retarded, right? So you've got 1 winner in the
• 1:05:17
  nostril space and that's Primal for content.
• 1:05:20
  And then we want to win the event space and the fact that
• 1:05:24
  you can use your one identity to log into both, that is
• 1:05:27
  interesting. But we're completely different
• 1:05:29
  apps now. That's why I said we're killing
• 1:05:30
  the feed and we're going to let's go.
• 1:05:33
  I'm going after a much smaller player, which is Eventbrite and
• 1:05:37
  meetup.com. You know, that's probably
• 1:05:39
  combined there. That's like a billion dollars
• 1:05:41
  worth of valuation. Primal is going for like as I
• 1:05:43
  said, Twitch AX sub stack. That's like 10s of billions or
• 1:05:47
  hundreds of billions. Go hard.
• 1:05:49
  I'm going for a smaller player, but I will give event hosts the
• 1:05:54
  best fucking event experience and the ability to monetize in
• 1:05:57
  sets because that's what you want at the end of the day.
• 1:05:58
  You want to earn some fucking sets, so let's go.
• 1:06:02
  Hey, wait, Nico, before we wrap up, I do have one small
• 1:06:04
  question. I've heard of the attention
• 1:06:08
  economy. Did you create experience
• 1:06:10
  economy or is that like a new trend?
• 1:06:12
  Because I've never heard that before.
• 1:06:13
  Yeah. That's.
• 1:06:14
  Like, I mean, it came to me as I was kind of thinking about what
• 1:06:17
  we're doing with this product and what are we, what matters?
• 1:06:18
  It's like experiences, right? And like, I want to move away
• 1:06:21
  from the attention economy to the experience economy.
• 1:06:23
  So I don't know if someone else has said it or if I
• 1:06:25
  subconsciously stole it from someone, but it's kind of like a
• 1:06:28
  thing now. It's like, hey, experience
• 1:06:30
  economy, let's build stuff where people have experiences in the
• 1:06:33
  real world. Retreats, meetups, conferences,
• 1:06:36
  micro events, all that sort of stuff.
• 1:06:38
  Let's get people together in the real world.
• 1:06:41
  Much needed right now. I think the, the one of the
• 1:06:45
  things you said, it's, it's a trope at this point, but you
• 1:06:48
  know, we're more interconnected than ever.
• 1:06:50
  But as the research comes out and everyone, I think if
• 1:06:53
  everyone's being honest with themselves, like, wait, we feel
• 1:06:55
  lonely, lonelier and more isolated than ever, even though
• 1:06:58
  we are on all these social medias.
• 1:07:01
  You know, you have the, your phone connected to everyone,
• 1:07:04
  you're on the computer, you're on the apps and you're still
• 1:07:07
  like, man, I should feel more interconnected in the world.
• 1:07:11
  And it just seems crazier than ever.
• 1:07:13
  Like, and I think we can all acknowledge the last month or so
• 1:07:16
  has been crazier than ever. And we're inundated with all of
• 1:07:20
  this information on social media.
• 1:07:22
  And that's, that's really been a lot of the Bitcoin trend
• 1:07:25
  recently. I've I've seen a lot of friends
• 1:07:28
  and OG's like man, I just need to get off Twitter.
• 1:07:31
  Like I love Twitter, but I just need to get off of this because
• 1:07:35
  I feel it. I, I stayed on the show all the
• 1:07:37
  time. Like I will log off and Nika
• 1:07:40
  will like blow me up and I'm just like, dude, my brain is
• 1:07:43
  just fried. I just cannot do any more social
• 1:07:46
  media right now. Like I'm chilling.
• 1:07:48
  He's like, what are you doing? I'm like, I'm on the couch
• 1:07:50
  rotting right now because my brain is just melting.
• 1:07:54
  Yeah, man, it's tough, Tough gig.
• 1:07:56
  Yeah, man, this. This I mean this.
• 1:07:58
  Aligns with my new life sort of like direction everything like
• 1:08:01
  when I was buildings Atlantis as a social network sort of app,
• 1:08:06
  you know, I had this sort of like, I need to be public.
• 1:08:08
  I need a public figure. I need to, you know, do all this
• 1:08:10
  sort of shit. And honestly, man, like since
• 1:08:12
  since the baby came and all this sort of stuff, I don't want to
• 1:08:15
  be public. Like I'm happy to jump on a
• 1:08:17
  podcast or two here and there with like people I like, but
• 1:08:20
  honestly, I don't want to fucking go on podcasts anymore.
• 1:08:22
  I don't want to post on Twitter anymore.
• 1:08:24
  I don't want to be public anymore.
• 1:08:25
  I don't want to get on stage anymore.
• 1:08:27
  None of that shit. I'm done.
• 1:08:28
  Like it's over. Stetsky's going duck and he's
• 1:08:31
  going to focus on building a cool product, take care of his
• 1:08:35
  kids and his wife, and doing doing some stuff here locally
• 1:08:39
  where I live and actually building community here, not on
• 1:08:42
  fucking line like a dork. So.
• 1:08:46
  Well, I feel you. I literally.
• 1:08:48
  I tell Nico this all the time. I'm like, I don't want to
• 1:08:50
  travel. I just want to sit in front of
• 1:08:51
  the computer and the camera and do our work and then like,
• 1:08:54
  don't, but don't bother me later, Nico.
• 1:08:56
  All right, everybody. If you guys enjoyed today's
• 1:09:00
  show, go to SAT lantis dot IO again, SAT lantis dot IO.
• 1:09:05
  Go check out Svetsky's later latest entrepreneurial and
• 1:09:10
  endeavour. Svetsky is an absolute genius in
• 1:09:12
  the space. He's been here for a long time.
• 1:09:14
  He's can. She's wrote many books, he's
• 1:09:16
  built many companies and go check out satlantis.
• 1:09:20
  Anything that Svetsky touches is you know it, it turns out it
• 1:09:23
  turns out good. So go check it out.
• 1:09:25
  Ladies and gentlemen, go to SAT Lantis dot IO.
• 1:09:28
  You guys enjoyed today's show. Smash that like button and
• 1:09:30
  consider subscribing if you feel like we provided you value
• 1:09:33
  again, simply bitcoins going to be at mining disrupts later this
• 1:09:36
  year. I hope to see you guys in
• 1:09:39
  November at mining disrupts. It's one of the largest Bitcoin
• 1:09:42
  mining conferences in the world. It's in Dallas, TX, they're
• 1:09:46
  bringing it to Dallas's first time, so get your tickets now by
• 1:09:49
  scanning the QR code. Anyways guys, we love you all.
• 1:09:51
  We'll see you tomorrow for another episode of SB Live
• 1:09:54
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• 1:10:00
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