Latest / Simply Bitcoin / How Much Bitcoin Do You Need to Retire by 2025!? | EP 870

Transcript

How Much Bitcoin Do You Need to Retire by 2025!? | EP 870 · Simply Bitcoin

• 0:07
  It's. All going to zero against
• 0:09
  Bitcoin. It's going up forever.
• 0:19
  You're against Bitcoin. You're against freedom.
• 0:24
  Yo, welcome to another episode of Simply Bitcoin Live or your
• 0:27
  number one source for the peaceful Bitcoin revolution.
• 0:29
  Code breaking news Culture, Matic Warfare.
• 0:30
  We will be your guide through the separation of money and
• 0:32
  state. And make no mistake ladies and
• 0:34
  gentlemen, that's exactly what we are living through these
• 0:37
  days. Today we're going to ask.
• 0:39
  Very important question, I think.
• 0:40
  A question that a lot of people ask, especially if you've been
• 0:43
  stacking Bitcoin for quite a while, and the question is how
• 0:47
  much Bitcoin do you need to retire?
• 0:49
  Well, no one really knows for sure.
• 0:51
  I released a poll later on later this morning on Twitter, kind of
• 0:56
  asking. What the Bitcoin Twitterverse
• 1:00
  thought of what what they thought would be a good amount
• 1:03
  of Bitcoin to retire on. Luke Broyles has also done an
• 1:06
  incredible job writing about this particular topic.
• 1:10
  And then of course we have a bunch of data and analytics,
• 1:13
  just a just a kind of give an idea of how much Bitcoin do you
• 1:16
  need to retire and then also. In regards to that question as
• 1:19
  well, it really also depends on where you live.
• 1:22
  Like if you live in South Florida or like where I live or
• 1:25
  like if you live in California, if you live in New York City,
• 1:28
  any of the big cities in in the United States or any of the big
• 1:31
  cities in the world. Right.
• 1:32
  Your cost of living is, is is going to be, you know, quite a
• 1:37
  lot higher than than for example, Central America.
• 1:40
  That's where a lot of bitcoiners that I've heard are moving.
• 1:43
  They're flooding to Costa Rica. They're they're going to El
• 1:46
  Salvador as well. And on the second part of the
• 1:49
  show, we have a very, very special guest, someone that
• 1:52
  we've been trying to get on the show for quite a while now.
• 1:55
  We have Andre Nevis. He's the Co founder of ZBD.
• 1:58
  How you doing, man? Hey, man, how we doing?
• 2:00
  It's a pleasure to be here. It's an honor, actually.
• 2:03
  Man, the honor is all ours and I'm excited to hear about what
• 2:08
  you guys are working on at ZBD and OPTI.
• 2:11
  OPTI could prep us for it. Yeah, man.
• 2:14
  Well, I mean, if anyone knows my history, everyone knows I love
• 2:17
  ZBD. It's one of my favorite Bitcoin
• 2:20
  companies out there. But yeah, we're just going to,
• 2:22
  we're going to do a maybe a high level view of what ZBD has to
• 2:25
  offer. We're going to show you guys the
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  app, we're going to show you why you guys should download it.
• 2:29
  And you know, I'm sure some of you guys like to play video
• 2:32
  games and you can get Sats while you do it.
• 2:34
  So I think this is a win win. But yeah, we got Andre here and
• 2:38
  he'll, he'll run you through it, man.
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  He'll show you all the features and why it's a special company
• 2:43
  in my opinion. Especially for streamers, that's
• 2:45
  where it plays a really. Yeah, I might have to pick on
• 2:50
  you a little bit on how do we integrate.
• 2:53
  This we have to integrate CBD into the Bitcoin.
• 2:56
  What are we waiting for? What's going on?
• 2:58
  Restream restream is does restream.
• 3:03
  They have maybe, maybe after the show.
• 3:06
  Yeah. They got this QR code thing here
• 3:07
  but like I can't figure it out. So I don't know.
• 3:10
  I don't know what the deal is. We'll get some.
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  We'll get some devs to look into it.
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  Let's go oh. Man, I'm so excited CBD plug in
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  for simply Bitcoin. Whoa.
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  Well, for restream to be clear, it's not just.
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  For restream and simply Bitcoin. For restream.
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  And then we'll use it for simply Bitcoin.
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  Anyways, guys, no more delay. Let's jump straight into the
• 3:28
  show. We have a lot to talk about
• 3:30
  today. Let's hit the numbers.
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  Let's do this the Bitcoin numbers.
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  of recording. The Bitcoin price is 36,305 SATS
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  per dollar 2754 block height 817,197 blocks to having 22,803
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  5291 Bitcoin capacity value 192 million U.S. dollars Realized
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  Capitalization of Bitcoin $710 billion with AB Bitcoin versus
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  gold market cap 5.34%. In the grand scheme of things,
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  Bitcoin is still a tiny little baby.
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  Anyways, I have a video for you guys to check out.
• 5:37
  This is Warren Davidson. Warren Davidson is a
• 5:42
  representative in the US House of Representatives and he is
• 5:46
  extremely pro Bitcoin. He's spoken at multiple Bitcoin
• 5:49
  conferences in Miami. And this is finally, you know,
• 5:53
  he's saying the quiet part out loud because Elizabeth Warren
• 5:57
  and her media allies, specifically the Wall Street
• 6:00
  Journal, they used this this BS article to write a letter to the
• 6:06
  White House. And then the White House put
• 6:07
  pressure on the Treasury. And then the Treasury actually
• 6:11
  proposed these crazy, all-encompassing regulations
• 6:16
  that would basically make it. That how they stand and the how
• 6:21
  the definitions are so broad that basically every single
• 6:25
  Bitcoin transaction would basically have to be reported to
• 6:28
  the FinCEN, right. So that includes single use
• 6:31
  addresses that that includes collaborative custody.
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  The Lightning Network would fit under this umbrella.
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  It's absolutely crazy. But don't leave of course the
• 6:39
  government's going to take advantage or some members of the
• 6:41
  government are going to take advantage of a crisis, the
• 6:44
  tragedy that is happening in Middle East.
• 6:47
  To introduce or try to slip in this tyrannical legislation.
• 6:53
  Anyways, here's Warren Davidson, and he's rebuking the claims
• 6:58
  made by Elizabeth Warren and Co Let's check it out.
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  My statement, But is it objectively true, Mr. Levin?
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  Thank you for the question, Congressman.
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  So when it comes to the Iranian economy, the Iranian economy
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  does not run on the blockchain. And so that is not.
• 7:10
  The Iranian criminals or any other criminals, the US dollars,
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  the reserve currency for a reason.
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  Cash is king when it comes to illicit finance, not
• 7:17
  cryptocurrency. Is is that beyond the speed?
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  I think Analysis put out a report that said it was like
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  .12% of all the crypto transactions were illicit.
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  And and all crypto transactions combined are a tiny fraction of
• 7:29
  U.S. dollar transactions. So could it possibly be
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  objectively true that the preferred currency for illicit
• 7:35
  activity is crypto? Yeah.
• 7:37
  No. So I think thank you for the
• 7:38
  question, Congressman. When it comes to the set of
• 7:40
  transactions, we said it was .24% of the transactions in
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  cryptocurrency can be linked specifically to illicit
• 7:46
  activity. And yes, that's a very, very
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  small subset of the overall transaction volume in the
• 7:50
  traditional financial system. Yeah.
• 7:52
  And so I just think like there's so many fallacies like that and
• 7:55
  you know we can't just accept them at face value.
• 7:57
  Another one miss you, miss you Menez.
• 7:59
  In your testimony, you use the presence of digital asset
• 8:01
  related SARS suspicious activity reports as an indication of
• 8:04
  overwhelming amount of crime in the digital.
• 8:06
  A class set ecosystem, you know in my view that kind of
• 8:09
  prejudges it as you know guilty until proven innocent.
• 8:13
  I think the Biden family would want the innocent until proven
• 8:15
  guilty given their their number of SARS.
• 8:18
  But according to the Department of Treasury and I quote SARS are
• 8:21
  preliminary and unverified tip and lead information quote.
• 8:25
  Given this important context, would it be fair to say that
• 8:27
  digital asset related SARS are actually demonstrate US based
• 8:31
  exchanges are trying to comply with the BSA framework.
• 8:33
  It would be evidence that they're trying to comply,
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  correct? Yes.
• 8:39
  However, there's also enforcement actions against
• 8:40
  numerous US based SAS for failing to file SARS.
• 8:43
  Thank you. So I mean, look, so it came out
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  right. Very small percentage of global
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  illicit finance is in, you know, in Bitcoin and in shit coins.
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  But that still didn't stop the FIN send from.
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  Using the tragedy misrepresenting data, the Wall
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  Street Journal article to include these crazy, crazy,
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  crazy regulations. Now, Andre, these regulations
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  would encompass the Lightning Network, so I'm sure that it was
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  on your radar when this happened.
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  What's your take on all this? I mean, we've seen the the
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  recent move in the UK as well, right?
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  Like the the travel rule and how Gemini UK is only going to allow
• 9:27
  sending in and out from your account to verify Vasps as the
• 9:32
  name. I think this is yet another blow
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  to, you know, just the the usability of Bitcoin.
• 9:39
  But also it goes completely against the the idea that
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  Bitcoin is meant to be this sort of frictionless, permissionless
• 9:49
  system. It's it's you know as a
• 9:52
  regulated company in the US it's really tough to play this this
• 9:55
  side because on one side we have to abide by local you know
• 9:58
  regulations and jurisdictions. But at the same time we want to
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  pursue more and more of these non custodial, these self
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  custodial properties of Bitcoin. So yeah, it's a blow to the to
• 10:11
  the industry and we'll continue seeing more and more of that,
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  right. You we say it all the time, the
• 10:14
  government's not going to waste opportunities to be able to sort
• 10:18
  of curtail the system, especially when they don't
• 10:21
  control the Lightning Network is interesting because it poses a a
• 10:25
  a sort of an interesting problem on the technical side because we
• 10:28
  can't really see a lot of the Lightning Network information,
• 10:32
  right. You only see your nearby peers.
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  So there is no way to go to a Lightning Network Explorer where
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  you can see every transaction as you can on on base layer.
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  So it'll be interesting to see how one can enforce that type of
• 10:45
  of stuff. Yeah, we'll have to see. 100% I
• 10:49
  I would say like their end goal here.
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  And and Elizabeth Warren had like a Freudian slip, you know,
• 10:56
  and that when she was testifying in the Bennett and the Banking
• 10:59
  Senate Committee and she's saying that you know, the the,
• 11:03
  you know, the the criminals are using these ever more
• 11:06
  sophisticated ways of evading money laundering by taking self
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  custody, right. She's trying to connect.
• 11:15
  Self custody with crime. You could say it was a Freudian,
• 11:19
  slim Freudian slip. I had a live stream with the Ann
• 11:22
  Pritzker who is the Co founder and CTO of Swan Bitcoin.
• 11:25
  He said. No, Nico, that's not a Freudian
• 11:27
  slip. She did that on purpose.
• 11:29
  So I wanted to get your take on that.
• 11:31
  I mean, yeah, the the, the blatant sort of missed note.
• 11:37
  They just like you had to get a representative from the House of
• 11:40
  Representatives to spell it out that even in the grand scheme of
• 11:44
  things, 0.24% of transactions being illicit out of a tiny,
• 11:48
  tiny market out of the whole like 99.9% of illicit activity
• 11:53
  is, you know, U.S. dollars, right?
• 11:56
  But but they just brush that aside that's the like the
• 11:59
  blatant brushing of that information aside to then say
• 12:03
  it's crypto and it's Bitcoin and it's like come on man, it's it's
• 12:06
  so blatant, right? There's no if.
• 12:08
  If it's it's like rules for for thee, not for me, right.
• 12:12
  That's the the saying so it's sad, right.
• 12:15
  It's really sad to to see and and it's hard to know what to
• 12:18
  even do. Like, how does one move forward?
• 12:21
  But it's definitely not a Freudian slip.
• 12:22
  It's on purpose. It's This is all premeditated in
• 12:26
  my opinion. 100% Opti, what's your take on all this?
• 12:28
  Brother Yeah, I mean just kind of doubling down on what Andre
• 12:31
  said, is it. It's really incredible to see
• 12:35
  the computer illiterate politicians out there and and
• 12:38
  the, you know, the ABC man, the the official authorities trying
• 12:42
  to regulate Bitcoin and whether it is a Freudian slip, whether
• 12:46
  it's just them being miseducated or whether it's nefarious.
• 12:50
  It just kind of shows that they really don't understand what is
• 12:52
  going on over here and these are the people that are here to
• 12:55
  protect us. It's just it's really, really
• 12:57
  ridiculous when you when you kind of like wade through all of
• 13:00
  the mud and you realize what's actually happening, like these
• 13:03
  people don't understand what is going on with this technology.
• 13:05
  They don't. They don't.
• 13:06
  They probably don't even understand how the Internet
• 13:08
  works. And yet they're here to regulate
• 13:09
  the Internet. And it's just like these people
• 13:12
  are really dinosaurs and and they are getting.
• 13:16
  Out competed on the free market constantly.
• 13:19
  And it just goes to show that they're trying to maintain the
• 13:21
  regulatory Moat. And Nico, you've been the 1:00
• 13:25
  throughout the last couple of years to kind of hit me to
• 13:28
  politics. And you know me, I'm not that
• 13:30
  fond of politics. But having bit corners be
• 13:32
  politicians I think is a very good thing.
• 13:34
  And we're seeing this happen in real time.
• 13:37
  Having Ward Davidson, putting people's, you know, feet to the
• 13:39
  fire and at the very least exposing other people to the
• 13:44
  truth of the matter, that it's like.
• 13:46
  Criminals aren't using Bitcoin. The real criminals are using the
• 13:49
  dollar guys that like the cash is king and you you guys all see
• 13:53
  movies. You guys know that criminals
• 13:54
  want cash. You know only recently have you
• 13:57
  seen Bitcoin pop up in culture, popular culture as something
• 14:01
  that you know is is untraceable and all this stuff.
• 14:04
  But it's really just goes to show that Bitcoin being such a
• 14:11
  disruptive. Technology movement that they
• 14:15
  will do whatever they can to gaslight us, to basically make
• 14:19
  sure that Bitcoin doesn't get this mass adoption threshold.
• 14:23
  Because when Bitcoin does what we know it will do, all of this
• 14:28
  goes out of the window. They cannot regulate Bitcoin,
• 14:31
  They cannot stop Bitcoin, and their sham gets exposed.
• 14:34
  And that is what they're most terrified of is like, Oh my
• 14:37
  goodness, if these bitcoiners do what they say they're going to
• 14:40
  do. Then our jobs are at risk, and
• 14:44
  this is what we're seeing the politician just playing cover
• 14:46
  for all this stuff. And you know, whether they're
• 14:49
  nefarious or misinformed, it's all the same thing.
• 14:52
  They have no idea what they're messing with and they have no
• 14:55
  idea how to stop this. So it's just kind of beautiful
• 14:57
  to see. Amen.
• 14:58
  Amen. All right guys, before we move
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  All right, ladies and gentlemen, we are going to ask the
• 17:20
  question, how much Bitcoin do you need to retire?
• 17:24
  First we need to break down some numbers.
• 17:26
  First of all, how is the wealth? How's the wealth?
• 17:30
  Distributed in Bitcoin. So to be in the top .001% you
• 17:35
  need a minimum of 7000 Bitcoin. To be in the top .003%, you need
• 17:40
  2000 Bitcoin. To be in the top .01%, you need
• 17:43
  400 and 433 Bitcoin. To be in the .03% you need 215
• 17:49
  Bitcoin to be in the point 1%. You need 89 Bitcoin to be in the
• 17:53
  1% you need 15 bitcoins. So according to this study
• 17:57
  according and I forget who was actually released by that is the
• 18:03
  Bitcoin wealth distribution. And here is according to glass
• 18:09
  node, which a lot of people use for for analysis as well.
• 18:15
  To be a humpback, to be considered a humpback, you need
• 18:18
  it. You need, I think it's 5000
• 18:20
  Bitcoin. And there's only .001% of people
• 18:23
  that fall into that category, or 220.
• 18:26
  To be a whale, you need between 1000 to 5000 Bitcoin, there's
• 18:30
  only about 2000 people that fit into that category.
• 18:33
  To be a shark, you need 500 to 1000 Bitcoin.
• 18:36
  There's only 1500 people that fall into that category.
• 18:39
  To be considered a dolphin, you need 10.
• 18:41
  You need 100 to 500 Bitcoin. There's only 10,000 people that
• 18:45
  fit into that category to be a fish.
• 18:47
  You need between 50 to 100. There's only 11,000 people that
• 18:51
  fit into that category. To be considered an octopus, you
• 18:54
  need 10 to 50 Bitcoin. There's only about 72,000 people
• 18:58
  to fit it that fit into that category.
• 19:00
  To be a crab, there's one to 10. You need one to 10 Bitcoin.
• 19:04
  There's about half a million people that fit into that
• 19:07
  category. And to be a shrimp, you need
• 19:10
  less than one Bitcoin. About 22 million people fit into
• 19:15
  that category. So that is the Bitcoin wealth
• 19:18
  distribution according to these two separate studies.
• 19:22
  Now here is the question that you guys all came to to to to at
• 19:27
  least hope to be answered. And the question is how much
• 19:31
  Bitcoin do you need to retire, right?
• 19:34
  So let's get to it. Low income is among the reasons.
• 19:38
  Many workers are less confident about saving enough money to
• 19:41
  retire as of 20. As of 2020, the medium household
• 19:45
  income in the United States was 67,000, according to the Census
• 19:49
  Bureau. At least half a million is
• 19:51
  needed for retirement, but retirees only have 191,000
• 19:56
  saved. On average, according to a
• 19:58
  recent study by Cane Island Digital Research, the study
• 20:01
  found that average retirees spend about 48,000 annually,
• 20:05
  including on additional 44,800 thousand 4800 in expenses for
• 20:11
  Medicare for medical care. Considering the expenditure and
• 20:14
  other factors such as the rise of inflation and outliving of
• 20:18
  life expectancy, Cane Island said that Gen.
• 20:20
  Z workers would need about $7,000,000 before reaching their
• 20:25
  full retirement. Now it goes on to say given
• 20:29
  these concerns, many investors and workers are starting to look
• 20:32
  into different directions like Bitcoin and other digital assets
• 20:35
  to shore up their retirement funds on popular demand.
• 20:39
  Leading US mutual fund company Fidelity Investments announced
• 20:44
  in April it will provide investors with the option to add
• 20:47
  Bitcoin to their 401K. However, there were mixed
• 20:50
  reactions. Of course, you know Janet Yellen
• 20:52
  Elizabeth Warren were not so fond about that announcement and
• 20:57
  it goes on to say so how much Bitcoin needed to retire
• 21:00
  comfortably, Comfortably. In the study report, Cane Island
• 21:04
  provided insight into the number of bitcoins investors needed to
• 21:07
  retire. While the report does does not
• 21:10
  think Bitcoin or cryptocurrency will completely replace
• 21:12
  traditional retirement savings, it suggests that Bitcoin could
• 21:16
  be an excellent option to supplement the funds following
• 21:20
  its annual percentage returns over the past years.
• 21:23
  The report assumes that minimal BIC, the minimum Bitcoin annual
• 21:27
  percentage return from 2023 to 2042 will be 19.6%.
• 21:34
  Based on this assumption, it recommends the following for the
• 21:37
  different age groups. By age 25, you need 2.44 Bitcoin
• 21:42
  If planning to retire at 45 years of age with $3.9 million
• 21:47
  in savings at retirement, Having a minimum of 1.4 Bitcoin.
• 21:51
  Of planning to retire at age 59 with 5.6 million in savings at
• 21:57
  retirement. Having a minimum of 1.08 Bitcoin
• 22:00
  if planning to retire at 65 years of age with 6.4 million in
• 22:05
  savings at retirement. Having a minimum of .72 Bitcoin
• 22:10
  if planning to retire at 72 of a 72 years of age with $7,000,000
• 22:15
  in savings at retirement. What about age 35?
• 22:19
  Having a minimum of 11 Bitcoin if planning to retire at 45
• 22:24
  years of age with 2.6 million in savings at retirement.
• 22:27
  Having a minimum of 1.84 Bitcoin if planning to retire at 59
• 22:32
  years of age with 3.8 million in savings at retirement.
• 22:36
  Having a minimum of 1.4 Bitcoin if planning to retire at 65
• 22:41
  years of age with $4.3 million in savings at retirement, or
• 22:45
  having a minimum of .96 if planning to retire at 72 years
• 22:50
  of age with $4.8 million in savings at retirement.
• 22:54
  So I mean it doesn't sound as crazy as people would think,
• 22:59
  right? I, I, you know, like we're
• 23:01
  getting close to the point that I think one Bitcoin for 1% is
• 23:06
  going to be out of reach by the time next cycle is over.
• 23:10
  But these aren't crazy, crazy amounts.
• 23:12
  Point 96.72, right? So if you're at the age of 25,
• 23:19
  if you or you're at the age of 35, these are the numbers
• 23:22
  according to report. But of course this is just
• 23:25
  according to this report. I also asked Bitcoin Twitter
• 23:29
  what they would think, what they thought and I said going to do
• 23:33
  today. Simply Bitcoin.
• 23:35
  Go on. How much Bitcoin do you need to
• 23:36
  retire by 2025? What is that magic number for
• 23:40
  you? The vast majority 33% answered
• 23:43
  one to 10 Bitcoin, 29% answered 10 to 20 Bitcoin. 18.4% answered
• 23:51
  20 to 50 Bitcoin. 18.3% answered 100 Bitcoin and I got something
• 23:58
  else for you guys which you guys will really appreciate.
• 24:00
  This is an open source tool. Shout out to Jimbo, fellow
• 24:04
  bitcoiners. Shout out Jimbo and the project
• 24:08
  is called When Moon. And it's awesome because you can
• 24:11
  just plug in specific stats that you want.
• 24:15
  You can plug in the annual inflation rate, so let's use the
• 24:19
  most recent inflation numbers, so 3.3%, the annual of Bitcoin
• 24:26
  appreciation rate. I'm going to, I'm going to pass
• 24:28
  that on to Andre. Andre, what do you think the
• 24:30
  annual appreciation rate is going to be for Bitcoin over the
• 24:34
  next 10 years? Percentage wise, yes.
• 24:38
  Oh Jesus, 33. Is that too bearish?
• 24:40
  That's too bearish 5100 100%. 5050505050.
• 24:47
  So final answer, 50, OK. So we have 50, OK.
• 24:50
  And then your desired income in in today's dollars, I'm going to
• 24:54
  pass that on to OPTI. OPTI, how much money would you
• 24:57
  want to withdraw every single year based on your Bitcoin
• 25:01
  savings? Let's go six figures, 100 KA,
• 25:05
  100K. So I'm going to leave that as it
• 25:06
  is. And then let's ask the audience
• 25:09
  for this, what is your stack size in Bitcoin?
• 25:13
  So drop, don't dox yourself, just drop it in the chat.
• 25:17
  Just put it in there. Put it in there.
• 25:19
  We'll pick a random number if because there is a bit of a
• 25:22
  delay. Opti, let's go with the number
• 25:24
  for you. What is your?
• 25:26
  Just do one coin. Do one coin. 100 million coins.
• 25:29
  Let's do with one coin. Or should we use the examples
• 25:32
  from the study? Yeah, study.
• 25:36
  Why not? Let's do the examples from the
• 25:37
  study. So let's wait.
• 25:38
  Wait, do a millennial do a millennial cause?
• 25:40
  Like, who cares about the zoomer?
• 25:41
  No, no, I'm just joking. We're we're we're all
• 25:45
  millennials here. I'm I'm trying to figure this
• 25:46
  out for myself. OK, so let's do age 35 and then
• 25:51
  planning to retire, but OK, let's let's do the 1.84 Bitcoin.
• 25:55
  Let's do that. All right.
• 25:56
  Here we go. So 1.84 Bitcoin.
• 26:00
  So your personal moon date if your stack size is 1 point.
• 26:05
  Show it Nico. Show it.
• 26:06
  You're on the other page. Sorry about that.
• 26:07
  If your stack size is 1.84 Bitcoin and you wanna take out
• 26:14
  100,000 and the annual inflation rate in the US the last print
• 26:19
  was 3.3 and the annual Bitcoin appreciation rate is 50, which
• 26:24
  by the way I agree with that is a bit bearish.
• 26:27
  Bitcoins annual appreciation rate so far has been 250%.
• 26:32
  So we're being conservative, being very conservative.
• 26:36
  The Moon day B 2027. Let's go.
• 26:41
  That's when you'd be able to start withdrawing and you'd be
• 26:45
  able to live out your life. Right.
• 26:47
  So by next cycle, amazing. Yeah, Yeah.
• 26:50
  So this is. Sitting here like, oh shit, this
• 26:52
  is this is an awesome open source tool.
• 26:56
  I'm going to put it in. I'm going to put it in the video
• 26:58
  description so you guys can play around with it, but I wanna get
• 27:05
  your guys's thoughts. I wanna, I wanna open up the
• 27:07
  conversation. What did you guys think of these
• 27:10
  numbers? Were you guys a little bit let
• 27:12
  down? Were you guys feeling optimistic
• 27:15
  about it? What's your guys take?
• 27:16
  So I'll start with Andre first. Well, I thought it was just kind
• 27:20
  of bearish. You know, I thought if I thought
• 27:23
  if someone had five Bitcoin in five years, that is a should be
• 27:28
  a significant more amount of money.
• 27:31
  In my opinion, not money but like purchasing power, right.
• 27:34
  Like value and and just the last one if what was it?
• 27:37
  If you had 2.84 Bitcoin you could retire in four years.
• 27:40
  So if you have 5, like yeah I think and and it's still bearish
• 27:45
  I think let's play around let's let's let's have some
• 27:48
  experiments right. So if you have 5 Bitcoin right,
• 27:53
  your moon date actually. Is next year?
• 27:57
  Next year? Next year.
• 28:01
  This is so bad for our mental health.
• 28:03
  Oh man, and then it gets all bit.
• 28:06
  Corners got to start flexing in the chat, so if you know if it
• 28:10
  was 10 Bitcoin, your moon day already happened.
• 28:14
  If. Already happened?
• 28:15
  You can stop 20 Bitcoin. It happened two years ago.
• 28:21
  So yeah, man, this is. Nico, we got someone in the
• 28:23
  chat. How about someone who is 68?
• 28:26
  Let's let's up this how can? We do this 68, OK, so let's do
• 28:31
  the calculation. So 68 are they gonna drop how
• 28:34
  much Bitcoin they have? No, no, don't dox them.
• 28:37
  Do. Don't dox yourself.
• 28:38
  Just just do like 1. Bitcoin or something.
• 28:40
  I don't know. OK, one Bitcoin.
• 28:43
  No. What?
• 28:43
  What's so like? How much?
• 28:45
  He's 68? So what?
• 28:46
  He's a He's a boomer. What?
• 28:48
  What was the numbers in the the, the that first article like how
• 28:52
  much is the average boomer you want?
• 28:54
  OK, do you want to go? OK, so you want to go?
• 28:56
  So it's like 500 K or something like that.
• 28:57
  You want to go here? OK, so at age 35.
• 29:01
  Go down. I think the other one.
• 29:03
  Is there another one? Yeah.
• 29:04
  There you go. I'll wait.
• 29:06
  There's a chart. There's a chart right here,
• 29:10
  yeah. Yeah, it's a retirement, so it
• 29:13
  tells you how much Bitcoin you need by age for specific
• 29:17
  countries. Very, very cool according to
• 29:20
  this data. But I do recommend using this
• 29:23
  open source tool the most 'cause you can have the most amount of
• 29:28
  funds with it. And of course, if you want to
• 29:29
  send some sats to Jimbo for coming up with this.
• 29:32
  Sorry, sorry guys. Not a boomer.
• 29:34
  He's a Gen. X.
• 29:35
  Or my bad, awesome, awesome tool.
• 29:37
  OK. But I mean let's let's see if
• 29:39
  someone put a number in the chat and then we'll move on to the
• 29:42
  culture to talk about ZBD and Andre all.
• 29:45
  Right, all right, Nico, why you're, why you're?
• 29:46
  Sure, looking in the chat. Drop a number, guys.
• 29:49
  Drop a Bitcoin. Take on this, of course.
• 29:53
  Of course, guys, you need 6.15 for eternal riches.
• 29:56
  And you guys know the rest of the game, so let's do that 6.15
• 30:00
  but. Seriously, I I kind of don't
• 30:02
  believe in retirement. I I kind of have the view like
• 30:04
  retirement is a scam. We have to keep ourselves busy,
• 30:07
  you know, keep ourselves sharp because then you just start to
• 30:09
  dwindle. I I've seen so many studies on,
• 30:14
  you know. Elderly people that like once
• 30:16
  they retire and once their spouse dies, they're just like
• 30:20
  they're gone in like 9 to like 2 years, nine months to like 2
• 30:23
  years. And it's it's absolutely
• 30:24
  incredible how just like keeping yourself busy makes you live
• 30:28
  longer. And I know we all are trying to
• 30:30
  opt out of the rat race and I think we, I think we can kind of
• 30:35
  connect both of these or it's like like I think keeping
• 30:37
  yourself sharp and on purpose and then building into your old
• 30:40
  age can be worthwhile but also. You know I just, I don't fully
• 30:45
  believe in retirement I think. But anyways if I'm going to
• 30:48
  answer the question of retirement by 2025, I kind of
• 30:52
  chose that like 20 to 100 range. And you guys can say I was being
• 30:55
  bearish, but I was doing these numbers based on like 6 figure
• 30:58
  price predictions and basically being like at least a multi
• 31:02
  millionaire or a deca millionaire.
• 31:04
  I think that's like kind of what you need to be live a very nice
• 31:07
  life. And in today's world, and I
• 31:10
  think some of these numbers here were actually very, very
• 31:12
  surprising. What did it say, like retirement
• 31:14
  for average boomer or Gen. Xers, like what was it like
• 31:19
  that, the high like $500,000. So if that's true, then it's
• 31:22
  like 2 to 5 coins right now. And again, like I I I think we
• 31:27
  forget how big numbers work and just like how bullish, even when
• 31:32
  we're bullish, we're still bearish in regards to how
• 31:35
  Bitcoins price will appreciate. And it it really just like blows
• 31:39
  my mind and then just being you know doubling down, we, I am a
• 31:42
  millennial. I know a lot of our friends are
• 31:44
  millennials. And it's just like for us young
• 31:46
  people of normal means like we got time to just continue
• 31:49
  stacking continuing providing value continuing to build
• 31:52
  businesses. And I I I think we're really
• 31:55
  going to be surprised by how little Bitcoin we need to live a
• 31:58
  good life moving forward. And that those numbers in that
• 32:01
  first article you pulled up were were absolutely incredible like.
• 32:05
  People retiring on so little money, it's it's actually
• 32:08
  incredible and sad at the same time.
• 32:10
  So like maybe maybe we're all just super greedy and they're
• 32:13
  like I want to be a multi millionaire when I retire at 40
• 32:16
  years old. But I don't know, I I think the
• 32:20
  the saying that we always say and every it's kind of like the
• 32:23
  common meme here. It's like just get to a coin,
• 32:25
  guys. Huddle that coin for a long time
• 32:28
  and you're going to be extremely well off.
• 32:30
  Of course, you know what I mean? But let's run that experiment,
• 32:33
  let's run that experiment, Let's, let's take the greedy
• 32:35
  route because we have been, you know, it's slightly
• 32:38
  conservative. So and then we'll move on to the
• 32:41
  culture segment, 'cause I really want to talk about CBD and I
• 32:43
  really want to talk about what Andre is working on these days.
• 32:46
  So let's be extremely greedy. Let's have a instead of a
• 32:50
  $100,000, a $500,000 withdrawal, 500.
• 32:56
  So your moon day, that's $500,000 a year with a annual
• 33:00
  Bitcoin appreciation rate. Even with just .69 Bitcoin, your
• 33:06
  moon day would be 20-30. It's crazy what happens when you
• 33:10
  live on a deflationary standard and let's say you have one
• 33:14
  Bitcoin, because I think that was the general consensus of
• 33:17
  what we wanted to plug in your moon day.
• 33:20
  If the annual Bitcoin appreciation rate continues at
• 33:23
  50% a year, if the US inflation rate stays at 3% and you want to
• 33:28
  take out $500,000 a year to live right, you want to live like a
• 33:32
  king. Like Opti said, your moon day
• 33:35
  would be 20-30 thirty. So about 10 years from now.
• 33:39
  Bitcoin, it's an actual appreciation rate.
• 33:41
  Like what did you say it was 100 and 5200 or something?
• 33:45
  250 Historically, your personal, your, your your moon day would
• 33:51
  actually be two years. Wait, wait.
• 33:55
  Have fun in the chat. Too much Moon Boy math.
• 33:58
  Yeah. So have fun with Wait Have.
• 34:01
  Fun with this open course are asking for the I I did drop it
• 34:05
  in the video description but I will drop it in the chat as well
• 34:09
  so you guys could check it out. I really recommend you send
• 34:12
  Jimbo some Sats if you guys are having fun with it.
• 34:15
  But yeah, that I hope that answers your question.
• 34:18
  When you know how much Bitcoin you need to retire, it's not as
• 34:22
  much as you think. And the reason for that is
• 34:24
  because it's sound money, there's absolute scarcity and
• 34:28
  it's deflationary rather than inflationary.
• 34:32
  So all of a sudden it's not a question of will I be able to
• 34:35
  afford something, It's a question of how long do I need
• 34:38
  to work? I mean, how long do I need to
• 34:39
  wait in order to afford that certain thing?
• 34:43
  So yeah, Bitcoin is awesome. This is why we're all here.
• 34:45
  And imagine the whole world on this deflationary mindset.
• 34:49
  I really think the world would be a better place.
• 34:52
  Anyways, I know it's the Friday episode.
• 34:54
  Moon Boy Math on Friday with some Moon Moon Boy math.
• 34:58
  But hey, we didn't. We didn't claim anything.
• 35:00
  We didn't say anything. Whatever.
• 35:02
  You can plug in whatever numbers you want there.
• 35:04
  You can be extremely conservative with that
• 35:06
  calculator and you can plug in whatever data that that you
• 35:10
  want. Anyways, everybody, let's get to
• 35:12
  the culture. So we could talk about ZBD and
• 35:16
  Andre, but before we get to that, I do want to give a shout
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• 36:25
  All right, guys. You already know what we do here
• 36:27
  on the culture. We have Andre Nevis of ZBD.
• 36:30
  In my opinion, I am biased here, one of my favorite Bitcoin
• 36:34
  companies because I use it so much and it's really, it's so
• 36:37
  much fun. Anyways, we'll we'll we'll touch
• 36:39
  on that in the end. Andre, for people that aren't
• 36:42
  aware of what ZBD is, what is ZBD and what are you working on?
• 36:47
  Yeah. So ZBD is a very multifaceted
• 36:49
  company, but at at our core, we empower people with Bitcoin
• 36:54
  capabilities. Right.
• 36:56
  So what we do is we empower people with Bitcoin
• 37:00
  capabilities. So whether you're a business API
• 37:04
  is sort of a developer, a game developer, a consumer, even just
• 37:09
  a newcomer to Bitcoin, you should encounter ZBD in your
• 37:13
  journey. So on on the gamer side, here on
• 37:16
  the user side, what you're showing on the screen is our ZBD
• 37:19
  dot GG website. So this is talking about the ZBD
• 37:22
  app. Which is one of the three facets
• 37:25
  right of of the business and this is the entry point for
• 37:28
  everyone to get started with Bitcoin.
• 37:30
  This is the simplest way to on board what we like to call
• 37:34
  those, you know we we bitcoiners call them pre coiners.
• 37:38
  The majority of ZVD users are folks that don't actually have
• 37:42
  any experience with Bitcoin, right.
• 37:44
  So we're on boarding a massive use of user base of gamers of
• 37:49
  general mainstream, you know audience.
• 37:52
  And so the idea here is to give them that first experience, that
• 37:56
  first aha moment where they come in and they're doing something
• 37:59
  incredibly familiar, like playing video games on their
• 38:01
  phones, like playing mobile games, like they always do, you
• 38:04
  know, whether you're going on the subway to your work or
• 38:07
  whether you're stuck in traffic like people do this already.
• 38:11
  So the idea is let's on board them into Bitcoin, a little bit
• 38:14
  like a Trojan horse meme that we like to use, right?
• 38:17
  So the way this works is you play a bunch of games from
• 38:20
  inside of the ZBD app. There's a bunch of other stuff
• 38:23
  too. There's we have surveys, we have
• 38:25
  offers, we have games, we have extensions, which we'll talk
• 38:28
  about. But the idea is every everything
• 38:32
  inside of the CBD app is about earning Bitcoin, right.
• 38:34
  So instead of having this risk on appetite for Bitcoin, which
• 38:38
  is very, you know, I have to go through these hurdles to acquire
• 38:42
  a Bitcoin, you don't have to do that, right.
• 38:44
  You can get involved with Bitcoin by earning it and it's
• 38:47
  it's risk free. You just earn it and you get
• 38:49
  your first few SAT's. And you know the games can go
• 38:53
  from little mobile games all the way to, you know, Counter
• 38:55
  Strike, right? So CSCS GO was our first, you
• 38:59
  know, AAA title game that we did in early 2021 and CS2 is a is a
• 39:06
  big, you know, question mark for everyone what, when are we doing
• 39:08
  infusing CS2? So, but you know, this is this
• 39:13
  is the reality now. And with ZBD you can participate
• 39:16
  in tournaments and events. You can earn Sats and then of
• 39:19
  course on the other side, developers, game developers and
• 39:24
  developer partners use ZB, DS Lightning Infrastructure API
• 39:28
  infrastructure to power these experiences, right?
• 39:30
  That's the idea, right? We empower users and developers
• 39:34
  with money capabilities online. And then to touch on the, the
• 39:39
  favorite product that Opti kept talking about, that's.
• 39:44
  Clearly my favorite. Yeah.
• 39:46
  So the ZVD product suite is meant to be all-encompassing,
• 39:50
  right? So if you're if you're a
• 39:52
  consumer of nowadays something like Venmo for example, Venmo
• 39:56
  works everywhere, right? You can send Venmo to everyone,
• 39:58
  you can use it to pay stuff. Paypal's the same thing.
• 40:01
  So if you're going to introduce a new, a new type of of money, a
• 40:05
  new capability, it has to be everywhere.
• 40:06
  So we use this tagline. CBD is with you wherever you are
• 40:10
  as a user, right? So if you find yourself on the
• 40:12
  phone, on the go, we're there on the phone, mobile, iOS or
• 40:15
  Android. If you're on on your computer,
• 40:17
  we have a browser extension, right?
• 40:18
  If you're on Discord chatting with your friends or on
• 40:21
  Telegram, you know Bent are talking about crypto and Bitcoin
• 40:24
  and stuff like that, then we have an extension for that.
• 40:27
  And then if you're a streamer, this is what we do with the CBD
• 40:30
  streamer. We allow you to plug into, you
• 40:33
  know, we're not tied to a platform.
• 40:35
  We allow you to plug into any OBS or stream elements or
• 40:38
  whatever platform you use. And I guess restream is one we
• 40:42
  need to look into which allows you to put AQR code and the
• 40:46
  screen your your audience members can tip you.
• 40:49
  In Sats there's a super chat with all the messages that
• 40:51
  appear and you can even hook in gifts and sounds that that show
• 40:55
  up in the middle of the stream. So it's really a way to interact
• 40:59
  and break that 4th wall between the user and the audience member
• 41:02
  participating in your live stream.
• 41:04
  You know a lot of gamers use it as one.
• 41:06
  They tip you, you get to see the chat and it's it's there's more
• 41:13
  right to your to your engagement in the to the user and to the
• 41:17
  streamer. So it's one of our favorite
• 41:19
  products too. There's a lot of updates coming,
• 41:21
  lots of noster things coming to that in the future, but so
• 41:25
  that's a bit of the the ZBD product suite.
• 41:28
  Awesome, awesome. Wait, Nico, before you go,
• 41:31
  Andre, one of the things that. I I have so.
• 41:33
  Many questions you can keep going after this.
• 41:35
  I I just kind of want to comment here because I I think it's it's
• 41:39
  kind of goes into what we always talked about and we talked about
• 41:41
  this at Pacific Bitcoin. It's the idea of breaking the
• 41:44
  echo Chamber of, you know, Bitcoin.
• 41:46
  We're we're always talking to Bitcoiners.
• 41:48
  And what I really like is how you guys have been more gamer
• 41:52
  focused and necessarily just being like Bitcoin maxi focus.
• 41:55
  And I think it's just like, it's so obvious to me that gamers and
• 41:59
  bitcoiners like they should be one in the same thing.
• 42:01
  Like I I believe all video games should have like ways to get
• 42:05
  sets and like. It just seems so.
• 42:07
  It's it seems so intuitive, and it just amazes me that game
• 42:11
  developers just haven't, like caught on to this idea that
• 42:14
  like, yo, adding real money to your video game will probably
• 42:19
  incentivize more users than these fake tokens that are a
• 42:22
  part of every video game. We used to use a tagline.
• 42:26
  Real economies in virtual worlds like what?
• 42:28
  You know, we talk about. I love that we talk about nation
• 42:32
  state monies and how we shouldn't use those and we
• 42:35
  should use a better money. So then, like, what if?
• 42:38
  What if it's a? Give me a ring.
• 42:43
  Shut up Vt Hano Yeah, why? Why would we want different
• 42:47
  monies for virtual worlds? You know, like why do I need V
• 42:49
  bucks for Fortnite? Why do I need gold for a while?
• 42:51
  World of War, right? Like we should just have a
• 42:53
  medium of exchange, or like it should be frictionless, right?
• 42:56
  To use this type of stuff. So that's our thesis as well in
• 43:00
  in video games and it it's it's the Norman, it's growing really
• 43:04
  fast. It's just that video games take
• 43:06
  much longer than you know MVP apps to build, right.
• 43:09
  Game devs do a lot of testing and stuff, but there's a lot of
• 43:12
  big titles launching in the next couple couple weeks and months,
• 43:16
  so pretty big announcements till the end of the year, you know,
• 43:20
  all over. So we should see some fun stuff.
• 43:22
  Love it. So this is incredible.
• 43:25
  Look, I'm an Opti knows this. I'm a bit of a nerd.
• 43:27
  He's a gamer. Low key Nika's a gamer.
• 43:29
  I play, I play, Yeah, 'cause I have so like in between meetings
• 43:32
  and whatnot, I have like, I don't know if I could show this,
• 43:35
  but I have a little monitor here, you know?
• 43:38
  And I got my. I got my little stuff because
• 43:40
  of. Right, actually win FIFA over
• 43:41
  there with ZBD. And I play and I play.
• 43:44
  No, no, no. But let's take it, let's zoom
• 43:45
  out a little bit, right. So.
• 43:47
  And I play in between meetings or whatever, you know, I'll pull
• 43:50
  up my controller. Play a game of FIFA and
• 43:53
  whatever. Do you see this eventually going
• 43:58
  to AAA games, right. Like do you do you see because
• 44:01
  because it's so obvious, like it's so because you have the
• 44:04
  fake in game. I mean it's just like Monopoly
• 44:07
  money that they give you. Like why can't it be Bitcoin?
• 44:10
  It's so obvious. So what's your take on that?
• 44:14
  So there's a lot of things I can't say.
• 44:18
  The short answer is yes, AAA titles are all over this.
• 44:22
  You know, one one thing that you need to understand is the market
• 44:25
  was sort of took a big hit with regards to the big wave of
• 44:31
  adoption for crypto and NFTS and all of that, right?
• 44:34
  There's there's now kind of a big blowback from that.
• 44:37
  So there's a lot of companies in general from from a from a
• 44:40
  company and brand standpoint that are very wary of attaching
• 44:43
  themselves or or connecting themselves to something that is
• 44:47
  highly political and politicized.
• 44:49
  So there's a bit of that's right.
• 44:50
  So sometimes conversations just don't go forward because of the
• 44:53
  the negativity, the stigma around it.
• 44:56
  But those that do go forward and there are plenty.
• 44:59
  And and again I can't disclose much but stay tuned till the end
• 45:02
  of the year because big things are coming.
• 45:04
  Triple H students all know of Bitcoin and they all understand
• 45:07
  Bitcoin is part of the conversation now.
• 45:09
  They understand like we power the biggest web three title in
• 45:13
  the market right like which which has millions of of monthly
• 45:16
  active users and it's all in Bitcoin.
• 45:18
  They like to call it Web 3, but it's it's Bitcoin, it's Bitcoin
• 45:21
  Rewards that deals with the whole thing.
• 45:22
  So it's here and it's going to, it's only going to grow.
• 45:25
  And I think the 2nd we get a A hit doesn't even necessarily
• 45:29
  have to be a AAA title, but like something like Among Us, right,
• 45:33
  which is a game that explodes and all of a sudden has a viral
• 45:37
  hit. I think every developer is going
• 45:39
  to start to have to answer the question of why not Bitcoin.
• 45:43
  It's right now the question is why Bitcoin?
• 45:45
  And I think once there are bigger hits, it'll be like why
• 45:48
  shouldn't we use Bitcoin, right. The same way that when people
• 45:50
  put Bitcoin into their balance sheet, it wasn't like should we
• 45:53
  put Bitcoin to the balance sheet is it became why, why shouldn't
• 45:56
  we, You know we flipped the conversation a little bit.
• 45:59
  So again stay tuned till the end of the year.
• 46:02
  There's there's things coming. It's very exciting.
• 46:04
  Yeah, and and, and I think you brought up a really good point,
• 46:07
  right, which is the fact that it doesn't necessarily need to be a
• 46:11
  AAA studio that adopts us first. It could be an indie studio,
• 46:15
  right, That adopts it? And all it needs is for the game
• 46:19
  to take off, like Triple No Man's Sky for example.
• 46:24
  Terrible launch, but they got their stuff together after the
• 46:27
  fact. But now that's won a ton of
• 46:31
  awards. Very well respected.
• 46:34
  So yeah, all it takes is that just one There's indie
• 46:36
  developer, Yeah, go ahead. There's hundreds of apps and
• 46:40
  games in the platform now at this point.
• 46:42
  So the ZBD app will show you all of them.
• 46:46
  And what's fascinating is gaming is definitely the focus and the
• 46:50
  bread and butter and where we've been focusing all of our
• 46:52
  efforts. But the reality is that folks
• 46:55
  kept knocking on our door. Like, hey, I want to power my
• 46:58
  other thing that isn't a game, but it's an app with this and I
• 47:01
  want to do my Noster Social thing over here with you guys
• 47:04
  and I want to do this. So we actually had to open the
• 47:07
  developer dashboard up for everyone, right?
• 47:09
  So you can go to the Zebedee IO dashboard and sign up and just
• 47:13
  like you can with with something like stripe.com to receive your
• 47:17
  Fiat payments, you could use it with CBD by just you know,
• 47:21
  accepting it. So we power Fountain, which is
• 47:23
  the biggest podcasting app that accepts, you know, value for
• 47:27
  value and things like that. So it's it's really big.
• 47:31
  The platform's now processing millions and millions of
• 47:33
  transactions on a monthly basis and so it's it's fascinating to
• 47:37
  watch the growth of Lightning as well so.
• 47:39
  Awesome. And we're huge fans of of as
• 47:42
  content creators. We're huge fans of Fountain.
• 47:45
  Opti and his, his, his with Bitcoin Kindergarten with.
• 47:49
  Project guys. Someone Roman in the chat was
• 47:53
  asking like how do I do this? This streamer kit with OBS guys.
• 47:57
  It's super simple. You literally copy a URL over to
• 48:01
  your OBS and you can use all of the features and you can
• 48:04
  basically bypass the YouTube Super chat feature and just have
• 48:08
  your audience directly stream you Sats and.
• 48:12
  Metaphorically bypass. Yeah, yeah, yeah, yeah, yeah.
• 48:17
  Metaphors. And experimentation, we're not
• 48:19
  saying we're going to do that YouTube, but Opti was just
• 48:23
  saying that that could be done hypothetically.
• 48:26
  Well, there's a very, and I told Andre this in person before, One
• 48:30
  of the cool things about it is you don't need to have a huge
• 48:33
  following. To be able to monetize your
• 48:36
  stream with the ZBD streamer kit, you literally, if you have
• 48:40
  one or two viewers, they can stream you Sats.
• 48:42
  And so now and now at the point of the show where we're like all
• 48:45
  right after the show we're going to try to figure out how we
• 48:48
  integrate this with the restream so that we can also add QR codes
• 48:51
  because everyone yells at us like, oh you're not taking
• 48:53
  Lightning QR code and I'm like I can't figure it out with
• 48:56
  restream yet. So and and what I think to to
• 48:59
  follow up on your point off to what I think is fascinating is
• 49:02
  the fact that it you don't need a lot to be able to monetize
• 49:05
  your content online is really important.
• 49:07
  Because up to this point unless you're a big following type of
• 49:10
  Instagram influencer or Twitch influencer some some gamer
• 49:15
  online like you need to have a large fan base to be able to
• 49:18
  monetize that effectively. And you need to go through many
• 49:20
  hoops and and ways with with the ZBD stack of products you can do
• 49:24
  that yourself. If you're a streamer you do that
• 49:26
  yourself. You keep 99% of the game.
• 49:28
  We only take the 1% so we can pay some routing fees and
• 49:30
  lightning right. Apart from that you can you can
• 49:33
  receive it and you can withdraw to your wallet like immediately.
• 49:35
  We don't, we don't want to keep your funds.
• 49:37
  That's besides the point and now we're opening up our social
• 49:40
  experience on the app. So the ZBD app is also a full
• 49:43
  blown Noster client. So you can ZAP, you can post,
• 49:46
  you can upload photos. We have a tight integration with
• 49:49
  Wave Lake for music so you can ZAP directly.
• 49:51
  We have an integration, a tight integration with Geezer.
• 49:53
  Fun Guys are fun so you can tip, donate directly to projects like
• 49:58
  and All of this is powered by Noster right?
• 49:59
  So a user can come in, someone that doesn't understand anything
• 50:03
  about Bitcoin, doesn't understand anything about
• 50:04
  lightning. They can doesn't understand
• 50:06
  anything about Noster but wants to see the value in it, right?
• 50:09
  We believe in the show. Don't tell to the general folk
• 50:12
  telling them about the benefits from a technical standpoint of
• 50:15
  why you should use a decentralized social network.
• 50:18
  It's too big, it's too broad. We need to start by showing them
• 50:20
  the value. So get them in and they have a
• 50:24
  their Google with their with their Apple accounts, whatever,
• 50:27
  or even an e-mail that's familiar.
• 50:30
  They're in. They Start learning about
• 50:31
  Bitcoin. They earn their first Sats, they
• 50:33
  play some games, they ZAP some friends, they participate in
• 50:36
  some DMS and some zapathons and then it's like okay.
• 50:38
  There's value to this. I want to learn more.
• 50:40
  Great, Go deeper. They will always come to Zebedee
• 50:43
  because Zebedee is where they come in for games, for earning
• 50:46
  Bitcoin, for interacting with friends.
• 50:47
  But we hope that they push forward into the journey of the
• 50:51
  rabbit hole where they come in and download their non custodial
• 50:53
  wallet, right? Because they want to understand
• 50:56
  I download their their by a node right?
• 50:59
  Like run a fucking node, Everyone should run a node.
• 51:01
  We run multiple nodes right? So I think it's a stage, but we
• 51:04
  can't onboard everyone with by giving them 24 word seed
• 51:07
  phrases. We have to onboard them by
• 51:08
  meeting them where they are. And so there are plenty of
• 51:11
  companies building Bitcoin products for bitcoiners and I
• 51:14
  use all of them right? I'm, I'm a user, we support open
• 51:16
  source work, we are big supporters of all over the
• 51:19
  place. But someone needs to build
• 51:20
  products for the non bitcoiners that need to become bitcoiners,
• 51:24
  and we can't make them bitcoiners by just yelling
• 51:25
  Bitcoin in their face, right? So we need to show them the
• 51:28
  value and that's what the ZBD app's hoping to do.
• 51:32
  I talked a lot dude. Sorry.
• 51:33
  Love it? Well, any.
• 51:34
  Any last? Words, bro.
• 51:35
  Keep it going. Rip it bro.
• 51:38
  Rip it. I'm just upset that Opti still,
• 51:41
  you know, still hasn't figured out how to incorporate it into
• 51:44
  simply. Keep bitcoiner chill out.
• 51:47
  WWTF man, WTF No. Yeah, it's cool.
• 51:51
  If you want to check it out, head over to ZBD dot GG for the
• 51:55
  app and then zebedy dot IO for the for the dashboard and we can
• 52:00
  get you in and you can you can do it all by yourself.
• 52:02
  Power any experience with Z? With ZBDAPI we have a dope
• 52:06
  developer dashboard and API documentation.
• 52:08
  So and for anyone that you want to onboard into Bitcoin and
• 52:11
  Nostar, have them download ZBD so they have an easy experience
• 52:15
  and then as they go down the rabbit hole you on board them to
• 52:17
  other experiences right as they go deeper and deeper.
• 52:19
  Love. It and just to be clear, Andre,
• 52:21
  for the audio listeners, this is for iOS and Android, correct?
• 52:26
  Correct. Yeah, we'll continue to have
• 52:28
  some, you know, hurdles with iOS.
• 52:29
  We'll continue fighting those, but yes, correct, iOS and
• 52:32
  Android at the moment. Let's go.
• 52:35
  Awesome. Awesome.
• 52:36
  All right, everybody, let's hit the memes.
• 52:38
  We got a lot of memes to review. Let's Do it, The Daily Meme
• 52:44
  Review. All right.
• 52:50
  Boys and girls Mainly boys. But some girls shouts out to the
• 52:54
  girls that hang out with us. This is the meme review where
• 52:57
  you guys tag us on Twitter at simply Bitcoin TV or or you guys
• 53:02
  forget about the OR you drop them in our telegram group.
• 53:05
  T dot me slash simply Bitcoin TV.
• 53:07
  As you guys know the loyal listeners here tweet to the
• 53:11
  bullets memes of the artillery we.
• 53:12
  Are in an information war. I say it all the time.
• 53:15
  We got to ridicule the corporate press.
• 53:16
  We got to get the calls of actions to get people on
• 53:19
  Bitcoin, like what Andre is doing with Zebedee.
• 53:21
  And of course, you got to make them funny humors to keep your
• 53:24
  friends heads in the game. And you know me, I do my best to
• 53:29
  avoid nepotism on the meme review because I I I don't want
• 53:32
  to hear you guys yell at me that oh you're just putting your own
• 53:35
  memes in there bro. But I got yelled at on the
• 53:39
  opposite side so shouts out to Matthew Jay.
• 53:41
  He's like, yo, you guys need to put your own memes in the meme
• 53:43
  review more often. I'm like, OK, here we are.
• 53:46
  OK, so 1st meme is by us simply Bitcoin And it goes World War
• 53:51
  three is an information war. You are the front lines of non
• 53:53
  get people to exit with Bitcoin. Get people to download Bitcoin.
• 53:56
  Wallets get people to save in Bitcoin and then the meme is
• 54:01
  tweets are the bullets, memes are the artillery.
• 54:02
  This is an information war And we got Nika.
• 54:05
  You probably know this better, but I'm pretty sure this is a
• 54:08
  Dragon Ball Z. And it goes.
• 54:10
  He's speaking the language of gods.
• 54:13
  Tweets are the bullets, memes are the artillery guys, you are
• 54:15
  frontline soldiers. OK, next one is by Boomer AKA at
• 54:19
  the rulers broke and he goes a huge shout out to sessions.
• 54:22
  Wicked Smart Bitcoin Boomer, BTCM 1K.
• 54:26
  Three and any other pleb who warned me and tagged me at
• 54:30
  Optimus Fields from the meme review and we got this guy.
• 54:31
  I don't know what show this is, but it looks like it's on AMC
• 54:35
  and it's a big boy sleeping on a lot of dollars.
• 54:40
  And it goes Plebs who merged the UTXOS when fees were low?
• 54:44
  I hope you guys are going to. Consolidate your UTXOSI.
• 54:50
  I've been warning you guys for a minute that you need to
• 54:52
  consolidate your UTXOS and now the Wizards and the ordinals are
• 54:57
  clogging the men pool and now fees are getting crazy.
• 54:59
  But soon it'll it'll get a little less crazy and you might
• 55:03
  have one more chance before there is a lot of demand on the
• 55:06
  Bitcoin network. OK, the next one is I raise UBTC
• 55:09
  shouts out to you and he goes Nico opti.
• 55:12
  Let's see which neighbor in my building gets it and you can see
• 55:16
  here it is his. Wi-Fi hotspot and it goes BTC or
• 55:21
  SLAVERY true MVP. And when I saw this last night,
• 55:24
  I'm like Dang, I need to do something like this, but I'm
• 55:27
  just afraid of of knocking. On my door, my wife.
• 55:32
  Docks my life. I know this guy's crazy, but
• 55:35
  absolute legend, OK? And.
• 55:37
  I'm going to like I think my Wi-Fi network is called Fiat
• 55:40
  maximalist. Nice dude.
• 55:43
  Very good opsec. Very good opsec.
• 55:45
  OK, this next one shouts at the top roller AKA at stacking under
• 55:49
  score top roller and he literally DM me and he's like yo
• 55:52
  before this makes waves and you guys think this is real this is
• 55:55
  a fake news headline. But anyways, he goes, yo guys,
• 55:58
  you seeing this? And we got this fake news CNN
• 56:01
  head. Line, he goes, Twitter X space
• 56:03
  is a hotspot for anti government crypto hackers.
• 56:06
  Oh my God, it's so good that like, you wouldn't even have
• 56:09
  known that this wasn't a fake headline.
• 56:11
  This is what we're seeing constantly coming out of the
• 56:15
  corporate press. Okay.
• 56:16
  Next one is the BTC therapist and he goes this is the way
• 56:18
  #BTC. And we got what's it Mark
• 56:21
  Wahlberg and goes when everyone is saying they're going to keep
• 56:24
  buying the dip and he's got a confused face and with with what
• 56:27
  money. Who's who has money still?
• 56:29
  I like you guys. What are you waiting for 12 K?
• 56:32
  I'm I'm out of Fiat. I'm out of dry powder.
• 56:35
  I wish I was a smarter trader but I capitulate my Fiat
• 56:37
  instantly. OK, this next meme is by Bitcoin
• 56:40
  for Freedom, AKA BTC for Freedom.
• 56:42
  BTC under score for under score. Freedom on Twitter and it goes.
• 56:46
  Hashtag Bitcoin Shields you from the Elite's greedy hands.
• 56:50
  And we got the 300 with their Shields getting ready and
• 56:56
  protecting themselves. OK, the next one is by Rd. under
• 56:58
  score BTC and he goes, you OK there buddy And shouts out to
• 57:01
  Andre. He he literally talked about
• 57:03
  this in the culture and he goes when you ask your shit corner
• 57:06
  friend how his NFT collection is going and he yeah, probably
• 57:11
  absolutely wrecked and decimated.
• 57:12
  This is why we are Bitcoin only and the last one since we are
• 57:17
  getting close to Thanksgiving. And I'm sure you guys are going
• 57:20
  to have these conversations. Shouts out to Zach, AKA at under
• 57:23
  score Base. under score money. What's up?
• 57:25
  Brony goes at that point. It's that point in the cycle
• 57:29
  where ridicule works best. Let the orange peeling commence
• 57:32
  and we got Willy Wonka here and he goes, Bitcoin is money for
• 57:35
  smart people. You wouldn't be interested.
• 57:39
  The complete opposite of what we talked about in the culture.
• 57:42
  Be nice to the pre corners. We want them to get on the
• 57:45
  Bitcoin network and you know, calling them idiots.
• 57:49
  Isn't the best marketing route, guys.
• 57:51
  You know, get them involved somehow.
• 57:54
  But you know Bitcoin is going to Bitcoin.
• 57:56
  So here we are anyways. Drop your meme review score in
• 57:59
  the chat guys as we review ours lives.
• 58:02
  All right. My Nico is it's this glass jar
• 58:04
  with my water in it. It it did hold pomegranate juice
• 58:08
  but now it's become my water jar.
• 58:10
  I'm I'm I'm learning Nico. Avoid plastic as much as
• 58:13
  possible. Yeah, I I was an essential maxi
• 58:16
  and then Opti would. Yeah.
• 58:18
  He gets it. It's the best water.
• 58:21
  It's the best water in the world.
• 58:22
  The bottles are just great size, I'm not gonna lie.
• 58:24
  So what are you gonna do? And then Opti was like, no the
• 58:28
  plastics, the plastics, plastics bro.
• 58:31
  The micro plastics bro. I invested in a a a filter that
• 58:36
  makes what you get the water taste.
• 58:39
  Did you get a Brookie? I got no.
• 58:41
  I got like the cool bro, like Ultraviolet, like all the Is it
• 58:46
  a smart one? Does it have an app that you can
• 58:48
  connect to if it doesn't? Yes, it's the whole thing.
• 58:50
  Do you do you mineralize it with salts or what?
• 58:55
  The entire because that look essentia is like the gold
• 58:58
  standard that water tastes so good so that my girlfriend's
• 59:00
  like, no the plastic my fiance gets.
• 59:02
  Like no the. Plastic, the plastic, the
• 59:04
  plastic. And I'm like fine.
• 59:06
  I will move from Essentia if the water tastes exactly the same
• 59:09
  out of the filter. So yeah, we just, we invested in
• 59:13
  the in the filter and. Stack sats.
• 59:16
  First, invest in your water. Second, you need clean water
• 59:23
  anyways I. Already I just that was my meme
• 59:26
  score. That was my meme score, my my.
• 59:29
  I think what the brand is like cooligan filters.
• 59:31
  And now 3 Shields. Nico who?
• 59:35
  Hooligan, hooligan, hooligan. Hooligan Hooligan.
• 59:39
  My Meme score is a limited edition ZBD lighter.
• 59:43
  We made like a a dry run. Like ten of these.
• 59:46
  Maybe 20 of them. And then this is all busted up
• 59:48
  too. It's all used.
• 59:50
  Wow, Doc you. Got the proof?
• 59:52
  You got the proof of work in there.
• 59:54
  Got the proof of work in there? Anyways guys, if you want to
• 59:57
  support the show, check out our merch.
• 1:00:01
  You can scan the QR code on your screen right now.
• 1:00:03
  It'll take you directly to simplybitcoin.com.
• 1:00:05
  You can get yourself a Simply Bitcoin shirt or a Simply
• 1:00:08
  Bitcoin hoodie help help support the show.
• 1:00:11
  Get some of our merch while supplies last.
• 1:00:14
  Anyways, opt. In and to the giveaway people,
• 1:00:17
  we'll we'll handle that. Hopefully this weekend we'll get
• 1:00:19
  that out to you guys. Hopefully this weekend I mean
• 1:00:22
  we'll handle it to. Speak, I I meant to say
• 1:00:25
  hopefully we ship it out this weekend.
• 1:00:27
  So we're we're going. We'll get that to you by next
• 1:00:29
  week. Oh, man.
• 1:00:31
  OK, all right, the music. There we go.
• 1:00:35
  All right, Elaine. She gives her scores after the
• 1:00:39
  2024 US Bitcoin States and countries around the world
• 1:00:42
  welcomed millions of wealthy bitcoiner early retirees.
• 1:00:46
  Elaine, always the best score and also winner of the giveaway.
• 1:00:49
  She won herself a short turn up, huddle, meme score whole and pub
• 1:00:53
  key out loud. Still typing.
• 1:00:55
  Wait for it, Phil. CI give the memes my moon date
• 1:01:01
  of October 2025. Let's fucking go.
• 1:01:04
  Awesome, Nigel. I give the memes a jacket half
• 1:01:08
  as good as opti's, and that's still a really good jacket.
• 1:01:11
  Yeah. So that shit's fresh, right?
• 1:01:13
  OK, Very fancy, Very fancy. All right, Elaine, after the You
• 1:01:17
  after 20. 24 You said that. You said that.
• 1:01:21
  All right, Tom Redeye. I give the memes a palace 8.65
• 1:01:26
  OK, OK, OK The next one skip down the road meme scored.
• 1:01:35
  There was a young lady from Des Moines who became a big fan of
• 1:01:38
  Bitcoin. She hated politicians and
• 1:01:40
  bankers and all the all coin wankers and dreamed of kicking
• 1:01:44
  Gary Gensler in the groin. All right, Chad GBT ING to to to
• 1:01:49
  rhyme it I guess. Igor I give the memes a haystack
• 1:01:52
  with no needle for no coiners to search.
• 1:01:55
  OK, wait. Wait, wait, wait.
• 1:01:57
  Read this one. And then I I'm.
• 1:01:59
  I need to read some. Wait.
• 1:02:01
  All right, all right, all right. But turn off the music.
• 1:02:03
  Turn off the music. Let me let me read the one.
• 1:02:05
  Hold on, pull up the. Score.
• 1:02:06
  Let me read it from Let me read it from Rumble, 'cause they're
• 1:02:08
  getting mad at me, 'cause I keep forgetting.
• 1:02:09
  So we have one here by John Pleb and he goes meme score Bitcoin.
• 1:02:13
  Wait no, can I even say this one?
• 1:02:16
  Bitcoin performing Erotica by Madonna.
• 1:02:18
  Give it up. No.
• 1:02:19
  Give it up and let. Me have my way.
• 1:02:22
  I'll give you love. All right.
• 1:02:25
  Sorry. Yeah, whatever.
• 1:02:26
  OK. One one last score by Opti's
• 1:02:29
  digital ID Mr. Opti's field container boyfriends, my price
• 1:02:34
  to use DBD just went up. To give Peachy 160 9% raise.
• 1:02:39
  Also, she's the best bitcoiner at the peachy.
• 1:02:42
  No comment, no comment. Anyways, guys, thank you so much
• 1:02:46
  for tuning into another episode of Simply Bitcoin Live.
• 1:02:49
  I'm your host Nico. It's my legendary Co host Opti.
• 1:02:52
  I want to thank our very special guest, the one the only, the
• 1:02:56
  legendary Andre Nevis of ZBD. Guys, check out ZBD dot IOI
• 1:03:00
  pulled it up on screen for you guys.
• 1:03:02
  Andre, thank you so much for joining us on the show today.
• 1:03:05
  Thanks, everyone. It's been an honor.
• 1:03:07
  We'll see you next time. Appreciate it.
• 1:03:10
  All right, everybody. If you guys enjoyed the show,
• 1:03:12
  smash that like button. Consider subscribing if you feel
• 1:03:14
  like we provided you value. But the number one thing you
• 1:03:16
  could do to help push the peaceful Bitcoin revolution.
• 1:03:19
  Share Bitcoin content. Share Bitcoin culture.
• 1:03:21
  Share Bitcoin projects, Share it all.
• 1:03:23
  That's how we really, really win this thing.
• 1:03:25
  Love you all, Everyone enjoy their weekend and we will see
• 1:03:28
  you on Monday for brand new episode of Simply Bitcoin Live.