Latest / Simply Bitcoin / THIS Middle Eastern Central Bank is Printing Fiat To Buy MicroStrategy | EP 1246

Transcript

THIS Middle Eastern Central Bank is Printing Fiat To Buy MicroStrategy | EP 1246 · Simply Bitcoin

• 0:00
  Michael Saylors Bitcoin warning has just forced these Middle
• 0:05
  Eastern giants to start printing money to buy Bitcoin.
• 0:10
  That's right, literally today, hours ago, the Saudi Arabian
• 0:15
  central bank was just quietly exposed for buying 25,000 shares
• 0:21
  of micro strategy. And in the very same SEC filing,
• 0:26
  we've also found that the $500 billion sovereign wealth fund
• 0:32
  that belongs to another Middle Eastern giant giant Abu Dhabi,
• 0:36
  they also just increased their holdings of Black Rocks Bitcoin
• 0:42
  ETF. Ibid to over $400 million, we
• 0:47
  have a lot of stuff to unpack today.
• 0:49
  We want to be having a look at why is the Middle East quietly
• 0:54
  buying Bitcoin through MicroStrategy and Bitcoin ETFs.
• 0:59
  And we're also going to be exposing the 15 entities who
• 1:03
  have just also put Bitcoin in their retirement accounts
• 1:08
  through also buying micro strategy.
• 1:11
  So I'm going to be doing all of this today with an All Star
• 1:14
  panel. I've got Craig from Bitcoin
• 1:16
  Magazine, I've got Opti who's always optimistic and I also
• 1:20
  have our fearless leader, Nico. Guys, I want your your first
• 1:24
  kind of thoughts here on what is happening in the Middle East.
• 1:29
  Yeah, man, first of all, dude, the the master of masters, of
• 1:33
  masters of hooks, Luke the legend, the GOAT of YouTube.
• 1:38
  Yeah, man, it's extremely exciting.
• 1:39
  I mean, this is what Max Keiser has been coining the global hash
• 1:43
  war. It's happening in real time and
• 1:45
  it seems like there's been a tremendous amount of interest in
• 1:48
  the Middle East regarding Bitcoin, not only in acquiring
• 1:52
  just spot Bitcoin, but also I'm hearing rumors that they're
• 1:55
  mining Bitcoin as well. I believe the Bitcoin
• 1:58
  conference, you guys threw a conference in Abu Dhabi, I
• 2:01
  believe I was called Bitcoin MENA, and there was a lot of
• 2:04
  essentially just bombshell news that was dropped there.
• 2:07
  So there's a tremendous amount of interest.
• 2:09
  And also, recently, Trump just made a whole tour of the entire
• 2:14
  region. I believe he visited Qatar, He
• 2:17
  visited Saudi Arabia. They literally rolled out
• 2:19
  multiple, you know, red carpets with camels.
• 2:23
  It was absolutely crazy. They're like, you know, Saber
• 2:26
  rattling. It was absolutely nuts.
• 2:28
  And, of course, why am I bringing up Trump?
• 2:29
  Well, we know that Trump's son who's going to be making an
• 2:32
  appearance at the Bitcoin conference, Eric Trump, is just
• 2:35
  announcing that he's launching his own version of a kind of
• 2:40
  Bitcoin treasury company as well that I believe is going to be
• 2:42
  publicly listed. So incredibly exciting stuff.
• 2:45
  So much to unpack. And remember.
• 2:47
  Guys, the Middle East is, has so much money.
• 2:52
  Qatar is literally the wealthiest country on the face
• 2:55
  of the planet by GDPI believe if, if you break it down, it's
• 2:58
  like one point, it's like $1.05 million per citizen.
• 3:03
  Like, it's, it's ridiculous, right?
• 3:05
  Anyways, I'm going to pass it on to Craig.
• 3:07
  Craig, thank you so much. Craig is programming the Bitcoin
• 3:11
  conference that's coming up at the end of the month.
• 3:13
  The entire Simply Bitcoin crew is going to be there.
• 3:15
  Craig, do you have some insights from what happened in Bitcoin
• 3:19
  MENA regarding the Middle East and Bitcoin?
• 3:22
  Yeah. I mean, I don't want to take
• 3:24
  credit for what's happening over there right now with Bitcoin,
• 3:27
  but we did host our event over there in Abu Dhabi.
• 3:30
  We had numerous His Highnesses and His Excellencies attend the
• 3:35
  event. We had Eric Trump come and speak
• 3:38
  at the event as well. There's some great clips of his
• 3:41
  Bitcoin understanding and I really think that we helped kick
• 3:44
  start what's happening over there right now.
• 3:47
  I mean, the content was incredible.
• 3:49
  We had a ton of finance people, people from Dubai came over,
• 3:53
  people from all over the region flew in for this event and now
• 3:57
  we're starting to really see the the effects of that event on
• 4:01
  what's happening in the region. Absolutely 100% agree with that.
• 4:06
  And I mean, it's just a, a convergence of forces.
• 4:09
  I mean, there you, you have Elon Musk over there, you know, you
• 4:12
  have Howard Lupnik involved. Of course, you have Trump
• 4:15
  himself going in person taking Air Force One.
• 4:18
  He's taking interviews on Air Force One where he's literally
• 4:21
  saying like, yes, I support crypto, I support Bitcoin.
• 4:24
  While the audio is absolutely terrible and Opti's having a
• 4:27
  trouble had trouble playing the video.
• 4:29
  Anyways, Opti, we've been covering this for quite a while,
• 4:32
  man. I'm going to continue what I've
• 4:34
  been saying for the last months. This has been the best bull
• 4:38
  market by far in terms of news. It makes Opti's job easier, it
• 4:42
  makes it Luke's job easier, it makes my job easier.
• 4:45
  But in terms of price action, it's been one of the worst
• 4:48
  cycles so far. But I'm optimistic for the end
• 4:53
  of the year. How about you Opti?
• 4:55
  Yeah. I mean, I think this is an
• 4:57
  incredible news that we're hearing.
• 4:58
  Hold on. We've been speculating and
• 5:02
  hearing a lot of rumors lately that, you know, some very huge
• 5:05
  sovereign wealth funds are getting into Bitcoin.
• 5:07
  We're seeing that there's been increasing interest around
• 5:11
  Bitcoin in the Middle East, and now we have confirmation of that
• 5:14
  actually happening. And we all know Bitcoin is a
• 5:16
  global phenomenon. It doesn't just take one country
• 5:19
  to really kick off the Bitcoin bull run.
• 5:21
  But as we're seeing in the last couple of weeks, or rather
• 5:24
  really since, you know, the beginning of this year, we're
• 5:27
  seeing that Bitcoin is being taken very seriously by
• 5:31
  literally the deepest pockets in the world.
• 5:33
  And now everyone wants some form of Bitcoin exposure.
• 5:36
  Of course, we want them to eventually end up holding spot
• 5:40
  Bitcoin. But I think the easiest low
• 5:42
  hanging fruit here is people seeing what Michael Saylor is
• 5:45
  doing with what strategy has done.
• 5:48
  And they're like, look, I can get a lot of capital in the
• 5:50
  strategy. I can kind of get a premium on
• 5:53
  these Bitcoin buys and I can get incredible returns.
• 5:55
  And so I think this is the first step into people kind of falling
• 5:59
  into the Bitcoin fumble that we all have felt because first you
• 6:03
  kind of dip your toes, you know, get get into an acceptable way
• 6:06
  to get Bitcoin exposure. And then eventually it leads to
• 6:09
  it. Maybe I just need to buy this
• 6:11
  Bitcoin thing directly. Maybe I just need to follow what
• 6:14
  Michael Saylor is doing and not just buying his company stock.
• 6:17
  Maybe I need to just buy Bitcoin directly.
• 6:20
  And now we have the confirmation that this is actually happening.
• 6:23
  So for the last couple of weeks and months we have been covering
• 6:27
  basically the rumors and speculation that it's happening.
• 6:30
  But today we have that confirmation that this is
• 6:32
  actually happening. So it's no longer just us
• 6:35
  Bitcoiners kind of being, you know, hype beast out here and
• 6:38
  being like, look, I'm telling you, it's happening over there.
• 6:41
  Now we have the news, we have the SEC filings that are showing
• 6:45
  it is happening. So look, you might want to get
• 6:48
  some of this Bitcoin because it is catching on.
• 6:50
  So if you're new to the show, I don't know how much more signal
• 6:54
  and how many more data points you need to make you go all in
• 6:58
  on Bitcoin. At the very least buy some
• 6:59
  Bitcoin. But as Nika said, the news is
• 7:02
  getting extremely bullish and it's making me feel like the
• 7:06
  price is going to start ripping soon.
• 7:07
  So Luke, let's let's pull up some of this source material
• 7:10
  here and let's cover the news story.
• 7:14
  Absolutely. So it is not only happening like
• 7:17
  you said, Opti, but I think it's bigger than most people think.
• 7:20
  I I think, but you know, before we start looking at the
• 7:24
  trillions of dollars of pension funds in America who just
• 7:28
  quietly stuck micro strategy on their balance sheet, let's have
• 7:31
  a look at how much money is in the sovereign wealth funds in
• 7:34
  the Middle East. So I jumped on over and I asked
• 7:37
  my best friend chat over here. This is ChatGPT.
• 7:40
  I asked him how much money is controlled by the sovereign
• 7:43
  wealth funds in the Middle East and we can see just the
• 7:47
  sovereign wealth funds. This isn't central banks, this
• 7:50
  is just the sovereign wealth funds control $3.5 trillion
• 7:56
  worth of money. Now this is huge.
• 7:58
  This is massive. Don't get me wrong, this is
• 8:01
  outrageous, the size of these sovereign wealth funds in the
• 8:05
  Middle East, but it's not just sovereign wealth funds that are
• 8:09
  buying Bitcoin. It's also central banks in the
• 8:13
  Middle East. Before we get there, let's Fact
• 8:15
  Check myself. So this is some of the largest
• 8:17
  sovereign wealth funds in the world.
• 8:18
  You guys can see the Norwegian sovereign wealth fund, $1.3
• 8:21
  trillion. But the ones we're interested
• 8:24
  in, have a look at that. Abu Dhabi Investment Authority,
• 8:27
  $993 billion in size. We've got Kuwait, $800 billion.
• 8:33
  We've also got the public investment fund that belongs to
• 8:37
  Saudi in Arabia, $700 billion, like Nico mentioned earlier,
• 8:41
  Qatar's investment authority, they hold $450 billion and now
• 8:48
  some of the largest sovereign wealth funds in the entire
• 8:51
  world. I need to be careful with what I
• 8:54
  say here, but they're going all in on Bitcoin and I think it's
• 8:58
  underrated. I don't think enough people are
• 9:01
  really paying attention to what's happening in the Middle
• 9:03
  East. And I think we are seeing signs
• 9:07
  that it's not just happening in the Middle East, it's happening
• 9:10
  in America. Before we get to America and
• 9:13
  before we get to the exact warning that Michael Saylor sent
• 9:17
  to the Middle East in an interview that literally came
• 9:20
  out last week, a week before these filings, let's check this
• 9:24
  out. So this is an official central
• 9:26
  bank filing from Saudi Arabia. Can you guys see that little
• 9:31
  name that's highlighted there on their back on their little
• 9:33
  balance sheet? They're holding 25,000 shares of
• 9:38
  micro strategy. What do you guys think of that?
• 9:40
  Why MicroStrategy and why not Bitcoin directly?
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  Do we think that this is maybe implying that they might be
• 9:49
  buying Bitcoin privately and maybe even mining Bitcoin
• 9:53
  privately as well? Or do you think they just like
• 9:55
  the stock MicroStrategy for its business intelligence?
• 9:59
  I don't know. What do you guys think?
• 10:01
  Yeah, absolutely. I mean, dude, first of all,
• 10:02
  incredible research and I-100, I mean, I can't say with 100%
• 10:07
  certainty, but with 99% certainty just because of the
• 10:11
  amount of energy that is in Saudi Arabia.
• 10:15
  Like, I mean, this is the, the world, I believe the world's
• 10:17
  largest oil field, right? You have so much, you know, you
• 10:21
  have so much excess energy, right?
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  Bitcoin loves excess energy. Bitcoin miners love excess
• 10:26
  energy. Bitcoin miners essentially
• 10:29
  monetize excess energy. And we already discovered, like
• 10:32
  according to Telegram, Telegraph, Coin Telegraph
• 10:35
  articles from like two or three years ago, that about 4% of the
• 10:39
  hash rate is already located in the UAE.
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  And the UAE is a tiny, tiny country.
• 10:44
  So are you trying to tell me that the neighbor of the UAE,
• 10:47
  which is like Saudi Arabia, isn't mining Bitcoin themselves?
• 10:51
  For sure, They're mining Bitcoin.
• 10:52
  I mean, the small Himalayan Kingdom of Bhutan, 1/3 of their
• 10:56
  GDP is in Bitcoin. They're mining Bitcoin.
• 10:59
  So I believe that Saudi Arabia 100% is mining Bitcoin.
• 11:03
  I believe all these Middle Eastern countries that have a
• 11:06
  lot of energy, they have a lot of oil, they have a lot of
• 11:09
  natural gas, you know, they're using some of that to mine those
• 11:13
  precious, precious Satoshi's. So I mean, that's an awesome
• 11:16
  discovery, Luke. And I mean, look, it seems like
• 11:19
  the whole world is getting exposure to MicroStrategy.
• 11:22
  And then you create a situation where essentially you have no
• 11:26
  choice but to have exposure to Bitcoin.
• 11:28
  And kind of connecting this with the story that we covered
• 11:31
  earlier on in the week when we made the announcement that the
• 11:35
  that Coinbase was going to join the S&P 500.
• 11:38
  Listen, most people own an index fund of the S&P 500 and whether
• 11:43
  they like it or not, they will have indirect exposure to
• 11:47
  Bitcoin in some form or fashion. And now you have one of the
• 11:51
  wealthiest countries on the face of the planet, Saudi Arabia,
• 11:54
  basically confirming that they are bullish on Bitcoin because
• 11:58
  if you buy MicroStrategy, you are bullish on the future of
• 12:03
  Bitcoin. Opti, what do you think?
• 12:06
  Yeah. I mean to answer Luke's question
• 12:08
  at first, I think it's really kind of a few different factors
• 12:12
  that we're seeing right now. Obviously, I think it's probably
• 12:15
  a lot easier for people to buy micro strategy directly or
• 12:18
  strategy now the stock it then just going all in on Bitcoin
• 12:22
  because of course of all the different regulatory hurdles.
• 12:24
  And then further, you know, but maybe they don't want to show
• 12:28
  that they are stacking Bitcoin as everyone here would like to
• 12:31
  say, you know, they're OPSEC, a little bit of privacy here.
• 12:34
  They're like, yeah, we're super bullish on MicroStrategy.
• 12:37
  And for people out there like the Financial Times that we
• 12:39
  covered yesterday, you know, maybe they're still trying to
• 12:41
  wrap their heads around why you would buy MicroStrategy in the
• 12:44
  1st place. But like Luke said, you're
• 12:46
  pretty much only buying MicroStrategy because you think
• 12:50
  their Bitcoin strategy is a good thing and it's going to take
• 12:53
  off. And now it really kind of begs
• 12:55
  the question here, and we've been kind of asking this
• 12:57
  question on the show for the last couple of weeks.
• 12:59
  Can anyone catch up to Michael Saylor or Strategy's Bitcoin
• 13:04
  holdings? And with the amount of FOMO
• 13:06
  we're seeing going into just the Strategy stock right now, I
• 13:08
  don't think anyone's going to be able to compete with Michael
• 13:11
  Saylor at this point. He's probably going to become
• 13:13
  the leader of the wealthiest company in the world because of
• 13:17
  this half a million plus Bitcoin that he owns.
• 13:20
  So it is getting very interesting here.
• 13:22
  Now I am not AI like the stock kind of guy here, but man, he's
• 13:27
  he's killing it over there. He's he's obviously taking the
• 13:30
  narrative and he's taking the attention and it's all leading
• 13:33
  back to Bitcoin. So hard not to be bullish on
• 13:36
  what Sailor is doing. And now I think we have that
• 13:39
  tacit approval from all the biggest institutions, the nation
• 13:42
  states, you know, central banks. They all see what he's doing
• 13:46
  with Bitcoin. And they're like, yeah, I want
• 13:48
  to play this game with you. So I think eventually, of
• 13:52
  course, all roads lead to Bitcoin.
• 13:53
  Hopefully they will be buying Bitcoin directly.
• 13:56
  And I think this is just kind of the writing on the wall where
• 13:59
  things are going. But before we pass it on to
• 14:01
  Luke, I do want to give a shout out to the live stream.
• 14:03
  We have 1150 people watching live between YouTube and X and
• 14:08
  shout out to the Rumble crowd coming in hot today. 300 people
• 14:12
  watching live on Rumble. If you guys are enjoying today's
• 14:14
  show, make sure to smash that like button.
• 14:18
  Luke, I think you have a very interesting video lined up,
• 14:20
  don't you? Yes.
• 14:22
  I mean, Opti brought it full circle kind of seamlessly there.
• 14:25
  He did mention Michael Saylor and I want to play the clip that
• 14:30
  I think kind of sparked a lot of the FOMO that I think he's only
• 14:34
  going to accelerate in the Middle East.
• 14:36
  So then this clip right here, it is 8 days old.
• 14:40
  So again, let's think about the timeline and the chronological
• 14:44
  order of events of what happened 8 days ago.
• 14:46
  And then a week later, we get all of this bullish news coming
• 14:50
  out of the Middle East. Let's play this clip.
• 14:54
  So tell me if you're a sovereign wealth fund, Saudi Arabia,
• 14:57
  United Emirates, Kuwait. How would you be diversifying
• 15:02
  that portfolio? How much Bitcoin would you own?
• 15:05
  All of it. Look, I, to tell you the truth,
• 15:09
  I always want, I think it's kind of an IQ test.
• 15:12
  It's like if you had a billion dollars and you wanted to double
• 15:15
  it, you would buy the billion dollars of Bitcoin and put on a
• 15:17
  press release. But if you wanted to make a
• 15:19
  trillion dollars, you would try to buy as much as my company has
• 15:23
  right now. You go buy five $50 billion
• 15:26
  worth of Bitcoin and just keep buying and it'll be a trillion
• 15:29
  dollars to you. So you want money, right?
• 15:35
  I think that my forecast for Bitcoin is it goes up 29% a year
• 15:40
  compounded for 21 years, which is going to be 3-4 times better
• 15:46
  than the next best thing. So yeah, I could tell you, you
• 15:50
  put 5% of your portfolio in it, but smarter would be to put 150%
• 15:54
  of your portfolio in it. If you wanted ten extra money,
• 15:57
  you buy Bitcoin. If you want 100 extra money, you
• 16:00
  buy Bitcoin with somebody else's money.
• 16:01
  And if you want 1000 extra money, use somebody else's
• 16:05
  money, buy Bitcoin and you lever it, right.
• 16:07
  That's the simplest thing going. Borrow money at 345 percent,
• 16:11
  invested it 30 to 60%, keep the difference.
• 16:16
  My company went from a $600 million enterprise value to $108
• 16:20
  billion enterprise value in 4 1/2 years.
• 16:23
  And we just did that formula. We're just levering it.
• 16:27
  So I, I think as much as you can get is the right answer.
• 16:31
  That's pretty unstoppable. As much as you can get, How much
• 16:36
  do you guys want to get? I mean that those are some
• 16:38
  pretty big numbers he was throwing out there.
• 16:40
  What did he say, $550 billion buy?
• 16:44
  Isn't that the I think that's a really interesting number for
• 16:47
  Michael to throw out there. It's almost as if he knows
• 16:51
  exactly how much money these massive sovereign wealth funds
• 16:55
  in the Middle East hold. He, he said 550 billion.
• 17:00
  Well, let's have a look. Kuwait owns 800 billion, Abu
• 17:02
  Dhabi 900 billion. And as we showed you guys, Saudi
• 17:05
  Arabia 700 billion and Qatar $450 billion.
• 17:09
  I think that's absolutely fascinating.
• 17:11
  So that was the clip that came out what last week and then
• 17:14
  what's happened 8 or 9 days later, guys, do you think
• 17:17
  there's any connection there? Do you think the Middle East is
• 17:20
  listening for the words of the Bitcoin billionaire Michael
• 17:23
  Saylor himself? 100%, I think not only the
• 17:25
  Middle East, I think the world is listening.
• 17:28
  I think the game theory is coming into place.
• 17:31
  I think you see, you see, you see all these treasury companies
• 17:34
  that are popping up everywhere left and right.
• 17:38
  I can't really talk about it, but let's say South America,
• 17:40
  there's going to be some treasury companies coming out of
• 17:42
  there. There's obviously multiple
• 17:45
  treasury companies in the United States.
• 17:47
  You had the announcement of Jack Mahler's company with Tether and
• 17:50
  SoftBank. SoftBank, that's enormous
• 17:53
  Tether, you know, the largest stable coin in the world.
• 17:55
  You had David Bailey's, you know, Bitcoin treasury company,
• 17:59
  Nakamoto, who was just announced as the lead sponsor at the
• 18:02
  Bitcoin 2025 conference. You have three massive Bitcoin
• 18:06
  treasury companies. You have the success of
• 18:08
  Metaplanet. Everyone's paying attention to
• 18:11
  this. If you're a sovereign wealth
• 18:12
  fund, it's exactly what Michael Saylor is saying.
• 18:15
  Like you know it it, it would be stupid just to put 5%.
• 18:18
  Look at what he was able to accomplish.
• 18:21
  His company was a zombie company essentially for 20 years.
• 18:25
  This is the ultimate vindication. youknowthe.com boom
• 18:29
  made him a billionaire. Then it went down and it
• 18:31
  literally went sideways for 20 years.
• 18:33
  And the moment he adopted a Bitcoin treasury strategy in
• 18:37
  2020, more than 100 X his market cap in like 4 years.
• 18:43
  Of course, you're going to be paying attention if you're a
• 18:45
  sovereign wealth fund. And if you think this is going
• 18:47
  to decelerate, you're incredibly naive.
• 18:50
  Like I feel extremely bad for that financial kind of for that
• 18:54
  Financial Times journalist who is basically like, look, I don't
• 18:58
  get this, but don't take my, you know, don't take my word for it
• 19:02
  because I've obviously been a bad, you know, a bad judge about
• 19:05
  this. But, you know, it's probably not
• 19:06
  a good idea to get some, you know, moving forward.
• 19:09
  Like, no, that is horrific advice from the Fiat times.
• 19:12
  You should definitely get as much Bitcoin as possible.
• 19:15
  I don't know about the leverage thing.
• 19:17
  I think you got to be responsible.
• 19:20
  I'm personally 100% Bitcoin. I've been for many, many years
• 19:23
  now. I know Opti is, I definitely
• 19:25
  know Luke is, but I want to get Craig's thoughts on this.
• 19:28
  Craig Michael Saylor had a phenomenal keynote last year at
• 19:34
  the Bitcoin conference where that was the first time he
• 19:38
  essentially announced the, you know, the, the $13 million
• 19:42
  prediction by 2045. How in the hell is he going to
• 19:47
  one up that keynote? Is, is, is that number going to
• 19:50
  go up? Is it $13 million by 2045 or is
• 19:54
  it going to be $50 million? I think that was his bullish
• 19:57
  case. Well, I don't have the exact
• 19:59
  details of the his keynote besides when it's happening.
• 20:03
  But one thing that I think is interesting is from that last
• 20:07
  year, if I, if I understand, if I remember correctly, he didn't
• 20:11
  have all of these different financial instruments that he's
• 20:14
  created. I actually believe using AI he
• 20:17
  created some of these ideas like.
• 20:19
  Strike. And the strike all these
• 20:22
  different or Stark or whatever that other product is, he's
• 20:26
  created all these different financial instruments where he
• 20:29
  has created a way for different buckets of capital to be buying
• 20:35
  or buying shares of his company and allowing him to lever up.
• 20:39
  I'm totally with you on the leverage.
• 20:41
  I took out a Bitcoin back loan at one point and definitely did
• 20:45
  not like doing that, even though that is exactly what Sailor
• 20:49
  recommends. I am definitely 100% in Bitcoin,
• 20:52
  but I prefer the DCA approach as opposed to levering up.
• 20:56
  I just know that Sailor is is, so he's creating a
• 21:02
  groundbreaking way that is just truly ingenious.
• 21:06
  And I definitely think that other people are paying
• 21:08
  attention whether or not other people are going to be able to
• 21:11
  recreate what he's done. He has the first mover
• 21:14
  advantage, he has the liquidity and he has the people listening
• 21:17
  to what he's doing, as evidenced by all of these different
• 21:21
  interviews, even with people who still clearly don't get it, like
• 21:24
  the Financial Times. Absolutely.
• 21:26
  And and then also too like the kind of favorable terms as well,
• 21:29
  right? Which is like, you know it for
• 21:32
  us, it's a little bit different, right, Craig, Like when we take
• 21:35
  a Bitcoin back loan, right, we're getting a little bit
• 21:37
  higher rates. He's able to essentially
• 21:39
  leverage his company to essentially get almost like 0%
• 21:44
  interest debt, right? So like it's a like the only way
• 21:48
  that Michael Saylor would essentially put himself in
• 21:50
  jeopardy is if Bitcoin didn't go up in the next 5 years, right?
• 21:54
  Like that's an obvious play. And then I believe that, you
• 21:57
  know, the stock is an indication of how people feel about his,
• 22:01
  you know, he literally changed the name of his company.
• 22:03
  It's in the name of the company now, his strategy, right?
• 22:06
  Anyways, back to you, Luke. Luke, I think you're muted.
• 22:14
  My friend Luke is muted. Opti.
• 22:22
  Yeah, Yeah, I do want to hit on one thing about Sailor.
• 22:26
  And if you guys watch that Financial Times video, he
• 22:29
  literally said it directly. He's like, yeah, I am doing
• 22:32
  financial engineering with strategy and there's no way for
• 22:36
  me to get liquidated over like five years.
• 22:38
  So yes, maybe we don't have Michael Saylor's financial
• 22:42
  engineering skills to take out these very cheap, you know,
• 22:46
  loans. It's sort of like 0% loans for
• 22:48
  five years. That's like a no brainer when it
• 22:50
  comes to taking that money and buying Bitcoin.
• 22:53
  And it just goes to show like if you can do it, it's really the
• 22:58
  easiest move to to take. Like it's the easiest trade
• 23:01
  ever. You take free, basically free
• 23:03
  money that is printed out of nowhere and then you buy Bitcoin
• 23:07
  with it and you pay off the difference.
• 23:09
  Like if you have those engineering skills or rather
• 23:13
  those very favorable loans, it's a total no brainer.
• 23:16
  But for most of us, people that don't have, you know, billion
• 23:20
  dollars plus of credit and you know, have Direct Line with
• 23:24
  banks, you're better off, as Craig said, to just buy Bitcoin
• 23:27
  directly. So there's that.
• 23:29
  But Luke did poise the question of do you think that Abu Dhabi
• 23:35
  or anyone else in the Middle East is buying Bitcoin?
• 23:38
  And yes, we do have them now with the combination that they
• 23:43
  are getting into Bitcoin. So let's pull that up, Luke, and
• 23:46
  hopefully you don't fall out on us again.
• 23:49
  Yeah, I was a little bit muted there and stuck in the matrix.
• 23:53
  But yeah, we do know that the acceleration, so to say that
• 23:57
  we're seeing in the Middle East, it's not just Saudi Arabia, it's
• 24:03
  not just, you know, Qatar. There's lots of other little
• 24:07
  countries in the Middle East who are also quietly getting into
• 24:11
  Bitcoin. And obviously we have the
• 24:12
  rumours as well. Who remembers the rumours that
• 24:15
  Max Kaiser is always tweeting about Saudi Arabia and Qatar?
• 24:19
  Want to buy a million Bitcoin? These are the rumours that
• 24:21
  circulate around on Twitter. Again, these rumours have been
• 24:25
  circulated for years now. Is this a little piece of
• 24:28
  confirmation that maybe there's some truth to the rumours?
• 24:31
  Who knows if they can get a million Bitcoin?
• 24:33
  I mean, there's only 2.5 million on exchanges, but do you guys
• 24:37
  think these official announcements that are coming
• 24:40
  out maybe suggest there could be a sliver of truth there?
• 24:44
  I think 100% and I think the indication.
• 24:47
  Source. Luke Yeah.
• 24:48
  And there no, no, but I mean 100% like you just connect the
• 24:51
  dots. It's just common sense.
• 24:53
  I think, you know, with Trump's trips to the Middle East, Eric
• 24:56
  Trump had a phenomenal speech at the Bitcoin Nina conference last
• 25:01
  year where he was talking about Bitcoin and that was literally
• 25:05
  in Abu Dhabi. Like you know, and we know that
• 25:07
  Abu Dhabi, we know that the UAE has about 4% of the global hash
• 25:11
  rate, like 100%. These countries are getting
• 25:15
  exposure to Bitcoin and, and The thing is, as soon as the United
• 25:18
  States government announced its intentions with the strategic
• 25:21
  Bitcoin reserve, which we still don't know the exact number of,
• 25:24
  we were supposed to see the audit numbers a couple weeks
• 25:28
  ago. That still hasn't come out, but
• 25:30
  let you know Trump has indicated the end of Operation Choke Point
• 25:34
  2.0 regulatory clarity. I'm going to be happy.
• 25:37
  I'm going to be having a conversation with Congressman
• 25:40
  Begich of Alaska later on today. I'm going to be asking him
• 25:43
  essentially what is the latest with the Genius Act, the stable,
• 25:46
  the stable coin bill and of course, the Bitcoin Act was this
• 25:50
  is the bill that was introduced by Congressman Begich and
• 25:53
  Senator Lummus of Wyoming, right?
• 25:56
  So I mean, you have all this very, very promising, you know,
• 26:00
  regulations coming into play. And the reason that's that's the
• 26:03
  reason that all of that is important.
• 26:05
  And I get it from a Bitcoiners perspective, you're like, Nico,
• 26:08
  like what do you mean regulations?
• 26:09
  What are you talking about, bro? I just stacked stats and I put
• 26:11
  into self custody. The the reason that all this is
• 26:14
  important is that it gives regulatory clarity to
• 26:19
  institutions to accumulate Bitcoin without, without fear of
• 26:24
  essentially potential regulatory uncertainty in the future,
• 26:30
  right? That's the reason that these
• 26:31
  regulations are so important, right?
• 26:33
  And that's all the indications are pointing to that with this
• 26:36
  new administration coming in, we know that RFK junior owns
• 26:40
  Bitcoin. We know that the president's
• 26:42
  kids own Bitcoin. We know the president owns
• 26:44
  Bitcoin. We know the vice president owns
• 26:47
  Bitcoin and they're going to the Middle East.
• 26:50
  What do you think is? But do you think, do you think
• 26:52
  that in one of those conversations, Bitcoin wasn't
• 26:56
  brought up? I mean, like, come on now, come
• 26:58
  on now. And by the way, Speaking of the
• 27:00
  vice president, the vice president was just confirmed to
• 27:03
  be speaking at the Bitcoin conference is happening in Las
• 27:07
  Vegas later on this week before well, we continue with the show.
• 27:11
  I do want to give a shout out to the live stream, 583 live
• 27:15
  viewers on YouTube, Rumble popping off 400 live viewers and
• 27:19
  X hitting it strong with 1000 live viewers.
• 27:23
  Craig, before we move on, do you have any thoughts, man?
• 27:26
  How? How did you guys manage to get a
• 27:28
  sitting vice president at a Bitcoin conference?
• 27:34
  Well, I wish I could give you all the inner workings of how it
• 27:38
  happens, but at this point, we're very well connected.
• 27:42
  Trump obviously spoke at our event last year, as did RFK.
• 27:45
  We've had Tulsi Gabbard, and this year we've got a ton of
• 27:48
  other incredible speakers, including the vice president.
• 27:52
  I mean, we're not even done announcing some of these big
• 27:55
  names that I think people are going to be really excited to
• 27:57
  hear from. But the content is just
• 28:00
  incredible this year. I mean, even I as working event,
• 28:05
  when I look through the schedule, there's no way that I
• 28:07
  would easily be able to decide where I should go and what to
• 28:10
  see. And I think that many of the
• 28:12
  attendees are going to have the same challenge because we've got
• 28:15
  like Lynn Alden doing a keynote, we've got Elizabeth Stark
• 28:19
  speaking, we've got Paulo coming from tether, I mean the vice
• 28:23
  president, we have so many amazing things happening on our
• 28:27
  mainstage. And that's just one of the
• 28:29
  stages. We have a ton of different
• 28:31
  stages. So I mean, the vice president's
• 28:33
  coming to the event, I don't think he's ever made a public
• 28:38
  statement on Bitcoin besides the fact that he has disclosed his
• 28:42
  ownership of the asset. So I, I'm personally really
• 28:46
  interested to hear what he has to say about Bitcoin and I think
• 28:49
  it's going to be very interesting.
• 28:51
  Absolutely. All right, guys, we got to move
• 28:53
  on to the next segment. This segment was was was quite
• 28:56
  interesting. I like this Luke.
• 28:57
  Starting off with the fire, we got Optimus Fields looking like
• 29:01
  looking like Johnny Depp. And of course, we got our
• 29:04
  special guest today, Craig from Bitcoin Magazine, Opti.
• 29:08
  I was just to say, Luke, let's pull up the source real quick
• 29:10
  before we move on to the next segment 'cause this confirms
• 29:13
  everything we've been saying. Oh, wait, so it wasn't, it
• 29:17
  wasn't a rumor, was it? Well, well, we have a rumour and
• 29:21
  we are going to make the people stick around to for that
• 29:24
  discussion about the pension funds, the trillions of dollars
• 29:28
  of pension funds buying Bitcoin and micro strategy.
• 29:32
  But this is a little bit of the speculation.
• 29:35
  So for those who might have missed it, Max Kaiser expects
• 29:39
  Qatar's sovereign wealth fund to buy $500 billion a Bitcoin.
• 29:44
  Again, these are rumours that are circulating on Twitter.
• 29:46
  But there is a little bit more truth to these rumours.
• 29:50
  Let's not forget that El Salvador was lucky enough to
• 29:54
  host the Amir. I think they call him one of the
• 29:59
  one of the one of the big dogs from Qatar.
• 30:02
  And we also know that there was a private jet from the leader of
• 30:08
  Qatar spotted in Madeira on the same day.
• 30:12
  There was that Bitcoin conference happening when
• 30:15
  Michael Saylor was speaking on the very same day.
• 30:18
  So again, just speculation. But this whole rumor and
• 30:22
  speculation mill about the Middle East wanting to buy
• 30:26
  significant swaths of Bitcoin. It's not just the new Twitter
• 30:31
  rumor. Again, the Emir of Qatar met
• 30:34
  with President Bukhale way back in late 2023.
• 30:38
  So again, A2 year rumor, maybe we're beginning to see some
• 30:42
  signs that they could be a little bit more truth to that
• 30:44
  rumor. Man, it sure, it sure does look
• 30:48
  like that. Guys, you're going to want to
• 30:50
  stick around because it's going to be an incredible show.
• 30:52
  We have so much to unpack today. We have clips of Bo Hines, which
• 30:55
  is going to be speaking at the Bitcoin conference.
• 30:58
  And of course, we have more news regarding Eric Trump's American
• 31:02
  Bitcoin, which is going public. Apparently that's the name of
• 31:06
  the company which the the owners include Eric Trump, Donald
• 31:10
  Trump, which own 98% of this company.
• 31:13
  That's right. The president of the United
• 31:16
  States is launching a company, publicly traded company called
• 31:19
  American Bitcoin. You guys ain't bullish enough.
• 31:23
  Stick around because we're going to be talking about all that.
• 31:25
  And by the way, all these people are going to be speaking at the
• 31:28
  Bitcoin conference. And then of course, during the
• 31:29
  culture segment, we're going to take advantage of the fact that
• 31:32
  we got Craig here in the House joining us to talk more about
• 31:36
  Bitcoin 2025 in Las Vegas, NV. Before we jump into the rest of
• 31:41
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  the Bitcoin price is $104,080 Block height 896,988 sats per
• 34:58
  dollar under 1000. Love to see it. 961 Market cap,
• 35:01
  2.07 trillion Bitcoin versus gold market cap 9.16% Percentage
• 35:06
  issued 94.59% decline from all time high -4.7% Realized
• 35:12
  monetary inflation .84% Continuing to take Fiat
• 35:16
  currencies to absolute school. So again, guys, the most bullish
• 35:21
  cycle in terms of news. Again, this is Bo Hines.
• 35:25
  He's part of the administration and he has some interesting
• 35:29
  things to say about potential regulation coming up in August.
• 35:35
  I remain very optimistic. I think that our colleagues on
• 35:37
  the Hill, on both sides of the aisle understand how important
• 35:40
  stable coin legislation is for the American people.
• 35:42
  We've. Seen our volume definitely
• 35:43
  increase in crypto and I think it's a combination of both the
• 35:47
  interests of our customer being present but also the the
• 35:51
  regulatory clarity that is starting to appear is making
• 35:54
  people a bit more excited about the space I.
• 35:56
  Think you're seeing here at this conference is a recognition of
• 36:00
  cryptos resilience that even in the face of unprecedented
• 36:06
  intense political pressure in the United States and all.
• 36:11
  So again, the keyword for you guys to pay attention to there
• 36:15
  in that clip is the regulatory clarity.
• 36:19
  Legacy financial institutions, Tradfi sovereign wealth funds,
• 36:23
  they're not going to invest into Bitcoin if they believe that
• 36:27
  there's regulatory uncertainty in the future.
• 36:30
  That's why it's such a big deal for these types of regulatory
• 36:34
  relations to go through. I have another clip of Bo Hines
• 36:37
  and then we'll all talk about it.
• 36:39
  I think that they've they've come together and pulled this
• 36:41
  bill to a place to where we actually get to the best
• 36:44
  outcome. And, you know, our colleagues up
• 36:46
  on the Hill recognize how important this is the United
• 36:48
  States of America in the world more generally.
• 36:51
  And we're talking about updating very archaic payment rails that
• 36:56
  have existed for quite some time.
• 36:57
  We're talking about, you know, creating a world in which
• 37:00
  payments are much more expeditious with instant
• 37:02
  settlement times, much more cost effective and much more
• 37:05
  transparent. You know, this should be
• 37:07
  extremely nonpartisan in nature. And that's, you know, a lot of
• 37:11
  the frustration that the American people have especially
• 37:14
  is when issues like this arise, where we're dealing with
• 37:17
  something that we should be able to come together on and push
• 37:19
  forward because, you know, it's it's to the benefit of all
• 37:21
  Americans. There's really nothing partisan
• 37:23
  about it. You know, my challenge to, you
• 37:26
  know, my colleagues and the Republican side and the
• 37:28
  Democratic colleagues over the course next couple of days is
• 37:31
  let's get this thing home. It's time.
• 37:33
  The traditional financial players are are ready for
• 37:36
  adoption. We're ready to integrate these
• 37:37
  technologies and we're ready to revolution.
• 37:42
  Wow. I wish I would have just cut off
• 37:44
  most of that clip and just left the last 20 seconds because that
• 37:48
  was the signal there. That was the most bullish part.
• 37:51
  Again, once these regulations pass, once there's regulatory
• 37:56
  certainty, that's when you're going to see even more, more
• 38:00
  interest in Bitcoin more than there already is.
• 38:03
  And then hopefully that makes Bitcoin, Bitcoin again and we
• 38:08
  get out of this stable coin phase that Bitcoin has
• 38:10
  essentially become. Anyways, before we move on,
• 38:13
  Opti, what are your thoughts? We'll pass it on to Luke and
• 38:15
  then Craig. Yeah.
• 38:17
  Well, you know, my initial knee jerk reaction here when I hear
• 38:22
  regulatory clarity is usually not a good thing.
• 38:26
  We've seen some some some laws kind of pass on the state level
• 38:30
  that are kind of being championed as good things and
• 38:34
  they kind of are bad things. And even though I'm not against,
• 38:36
  you know, politicizing and politicking for the states to
• 38:41
  adopt Bitcoin, etcetera, you know, Bitcoin is for anyone.
• 38:44
  I do think from what we're seeing and the general sentiment
• 38:47
  is that it will be very favorable for Bitcoin.
• 38:51
  And you guys know, my take here on the show, I've been saying it
• 38:53
  for a long time, like as long as they kind of get out of our way
• 38:56
  and remove the roadblocks like Bitcoins going to be OK.
• 39:00
  And you know, the only use case for shit coins here is basically
• 39:03
  cover for Bitcoin. So as long as we don't get or
• 39:06
  see what we saw under the Biden administration, an active attack
• 39:10
  against Bitcoin and the adoption of Bitcoin, I think it's all
• 39:13
  going to be very favorable for our industry and of course for
• 39:17
  the Bitcoin network. And from the general sentiment
• 39:20
  that we're seeing, and I know everyone's like nothing ever
• 39:22
  happens memes. So it's like that.
• 39:23
  No one's really like holding their breath to see what
• 39:26
  happens. I think we are seeing a lot of
• 39:28
  good things. And as we saw ever since Trump
• 39:30
  got elected, there has been a lot of roadblocks have been
• 39:33
  removed, especially SAB 121 FAZ be accounting rule change.
• 39:37
  And now we're seeing that maybe we'll see, you know, a more
• 39:40
  light touch approach to Bitcoin. And in the, in the, you know,
• 39:44
  the short term, we have seen some Bitcoin companies move back
• 39:47
  into America, which I think is very favorable and kind of
• 39:50
  promising of where we're going. And now that we really have, and
• 39:53
  I know, I know, you know, Bitcoiners don't like this, but
• 39:56
  we have basically the full, full weight of the US government kind
• 40:00
  of pushing in our directions. I think this is only going to be
• 40:02
  a good thing. I'm still kind of holding my my
• 40:05
  breath here because I, I just like, you know, me.
• 40:08
  I'm not I'm not the biggest stable coin fan here.
• 40:10
  And it seems like that's what they're pushing.
• 40:12
  But as long as Bitcoin kind of just gets left out of all this
• 40:16
  stuff, I think it's going to be a good thing.
• 40:18
  We saw kind of what's going on in Missouri.
• 40:20
  You know, they're they're on the verge of signing a bill to
• 40:24
  eliminate income taxes, which includes Bitcoin.
• 40:27
  If we see more of that stuff happening like it's a it's game
• 40:31
  over, it's completely game over for Bitcoin and I just love to
• 40:34
  see it. Absolutely, I do want to give a
• 40:36
  shout out to the stream before we get Luke's thoughts. 1800 of
• 40:40
  you guys watching live between YouTube and X300 of you guys
• 40:43
  watching live on Rumble. Help us break our goal.
• 40:46
  We're at 169 likes. Help us break 250 likes by the
• 40:50
  time the show ends. So smash that like button 550
• 40:54
  live viewers on YouTube alone. Luke, what's your take on this
• 40:58
  man? Because we have we have a
• 40:59
  divided audience. I'll be honest with you, we have
• 41:01
  some people in the rumble chat saying Nico, you're cheering on
• 41:04
  for regulations. What are you talking about?
• 41:05
  You forgot the ethos. What happened, dude?
• 41:07
  This is about number go up. This is about, you know, the
• 41:10
  separation of money and say what I will say is that Bitcoin is a
• 41:14
  Trojan horse. Remember guys, Alex Godstein
• 41:17
  wrote an amazing article for Bitcoin magazine.
• 41:19
  It's called Bitcoin is the Trojan horse for freedom and
• 41:22
  essentially he makes the case that number go up technology and
• 41:25
  freedom go up technology are inextricably linked.
• 41:28
  You cannot disconnect the 2. So once you let the Trojan horse
• 41:32
  of Bitcoin go in the door because you want to benefit from
• 41:34
  number go up, you are inevitably letting in the freedom go up,
• 41:39
  the freedom mind virus which is spreading worldwide.
• 41:42
  Luke, what's your take on all this?
• 41:44
  Freedom go up will accelerate forever.
• 41:46
  That is an up and to the right trend, but I think it's really
• 41:49
  interesting, Opti said. Something that caught my
• 41:51
  attention there. Yes, the politicians are doing
• 41:54
  nothing publicly. There's a lot of talk, there's a
• 41:56
  lot of chitter chatter. There's a lot of I love Bitcoin,
• 41:59
  support me and vote for me. I get all of that.
• 42:01
  I get it all, but what I think is really interesting is all of
• 42:04
  this public chitter chatter and all of this embracement of
• 42:08
  Bitcoin in the public arena. I think it's creating something
• 42:12
  really interesting in the private arena.
• 42:14
  I've pulled up a little chart here and it's showing you guys
• 42:17
  that 900,000 Bitcoin have left the exchanges over the past 2
• 42:22
  1/2 years. So I think that all of this
• 42:25
  public Chita chatter and all of this public embracement of
• 42:28
  Bitcoin that I think we've seen change since the year 2020.
• 42:33
  Again, before 2020, there was no billionaires, there was no
• 42:35
  pension funds, there were no nation states led by the Bitcoin
• 42:39
  Chad Buchelli making Bitcoin legal tender.
• 42:42
  There were no billionaires like Michael Saylor.
• 42:44
  There was no public and who knows how many private companies
• 42:48
  were buying Bitcoin pre 2020. But post 2020, all this has
• 42:52
  changed. And I think the post 2020
• 42:54
  environment that we're in right now is I think going to create
• 42:59
  something that most people aren't ready for.
• 43:01
  We already seen the supply suffocation accelerate again.
• 43:05
  I just showed you guys 900,000 Bitcoin is just gone.
• 43:08
  It's gone off the exchanges in the past 2 1/2 years.
• 43:11
  And I think a lot of this is accelerating because of the
• 43:14
  public embracement of Bitcoin by these politicians who, yes, a
• 43:19
  lot of them are just talking cheap.
• 43:21
  They're saying nice things about Bitcoin.
• 43:23
  They're saying, hey, Bitcoin is there's potentially 10s of
• 43:27
  millions of you guys in America, I'm pro Bitcoin, send me your
• 43:31
  money in the form of donations and vote for me.
• 43:34
  But I think what's really interesting is I think it's
• 43:36
  creating a little bit of a silent supply suffocation.
• 43:40
  And if this trend continues, I think we're finally going to see
• 43:43
  the real value of Bitcoin. And I think all of this
• 43:46
  politicking that has emerged post 2020, I think it's finally
• 43:51
  in the data. I think it's slowly but surely
• 43:54
  confirming that people are finally realizing what Bitcoin
• 43:58
  is. It's money savings that you hold
• 44:02
  for thousands of years. And I think the data clearly
• 44:04
  shows pre 2020, people didn't understand what Bitcoin was.
• 44:09
  You could see very clearly the number of Bitcoin on exchanges
• 44:12
  only grew from 2009 to 2020. It grew from zero to 3 million.
• 44:16
  People were like, oh, this is cool, I'm going to mine this
• 44:19
  Internet money. I'm going to send it to an
• 44:21
  exchange and I'm going to sell it for a Lambo, right?
• 44:24
  All of a sudden, the data is clearly confirming something's
• 44:27
  changed. No longer are the masses sending
• 44:31
  Bitcoin to exchanges. Yes, there are people selling
• 44:34
  Bitcoin, don't get me wrong, but on mass, the net trend is supply
• 44:38
  suffocation. The net trend is for five years
• 44:41
  we've seen over a million Bitcoin leave the exchanges.
• 44:44
  So I think finally on mass, on net, the world is coming to
• 44:48
  realize what Bitcoin is and that is sound money that should be
• 44:51
  taken off the exchanges into your own self custody.
• 44:54
  Because again, we don't get freedom go up unless we actually
• 44:58
  hold the damn things in our own self custody.
• 45:01
  That is the beautiful thing about Bitcoin.
• 45:03
  Number go up is great. But again, we only get freedom
• 45:06
  go up if we're actually holding our own damn cheese.
• 45:09
  Amen to that, Opti. Air horns, please.
• 45:11
  Air horns anyways, Craig, today's show is perfectly suited
• 45:17
  for you, my friend, because literally every single topic
• 45:20
  that we're covering on every single block of today's simply
• 45:22
  Bitcoin Live, by the way, smash the like button.
• 45:25
  We're about to break 2000 likes between YouTube and X and the
• 45:28
  Rumble. The Rumble live stream is
• 45:31
  popping off once again. Craig, what are your thoughts?
• 45:34
  Man, all these people are speaking at the Bitcoin
• 45:36
  conference. Could you give us a little bit?
• 45:38
  Could you give us a little bit of a snippet, a little bit of a,
• 45:41
  you know, behind the curtain type of sneak peek, correct
• 45:45
  please, but begging you, correct.
• 45:46
  Thing yeah I mean well first of all I I'm I land more where
• 45:51
  where opti does with the regulations like for me Bitcoin
• 45:54
  is cypherpunk money and at the same time we just had four years
• 45:59
  where our entire industry was basically being shut down in any
• 46:03
  way possible so it was a prime example of why Bitcoin is useful
• 46:06
  but until we reach hyper bitcoinization there still needs
• 46:09
  to be work and like and interaction with the yacht
• 46:13
  system including banks and operation choke point 2.0 was
• 46:17
  limiting our industry from being able to have access to bank
• 46:21
  accounts. So I definitely think that no
• 46:24
  matter what Bitcoin is going to succeed and then to Luke's point
• 46:28
  Bitcoin as money holding your own keys is the most important
• 46:32
  part for having the freedom go up because just holding shares
• 46:38
  of micro strategy is still even though it is great to have in
• 46:42
  your portfolio it's still just another stock so it's not the
• 46:46
  same as having that self custody Bitcoin so in terms of content
• 46:50
  at the Bitcoin conference we have something for everybody
• 46:53
  because we have an entire stage the open source stage dedicated
• 46:57
  to the cyberpunk movement, how Bitcoin is operating on a
• 47:01
  technical level and how best to interact with Bitcoin in that
• 47:05
  way the ways that Bitcoin could potentially.
• 47:08
  Change. Or have upgrades.
• 47:09
  And then as well as an enterprise stage where we are
• 47:13
  talking about Bitcoin treasury companies, there's an entire
• 47:16
  content track day on the 27th that is Bitcoin for
• 47:20
  corporations. All of these Bitcoin treasury
• 47:22
  companies that are coming out and announcing their new
• 47:24
  strategies for having a Bitcoin treasury will be engaged on
• 47:28
  content on that first day. And then the other two days are
• 47:31
  focused as well on enterprise content, proof of reserves,
• 47:36
  taking out lending products with Bitcoin, taxes and Bitcoin,
• 47:40
  things like that. We also have a a mining stage
• 47:42
  which is completely dedicated to mining content.
• 47:45
  I mean, going back to the UAE and mining in the UAE, we have
• 47:49
  content about mining with at home and like with axes and
• 47:55
  things like that. We have content about pools and
• 47:58
  their payout structures, things like that.
• 48:00
  And then things like on the energy side as well.
• 48:03
  So we've got a ton of content there and then on the mainstage
• 48:07
  we have an entire day dedicated to regulations and some stable
• 48:11
  coin content as well. I'm also not a huge stable coin
• 48:14
  fan. However, that is a huge piece of
• 48:17
  the conversation this year in general because we have seen the
• 48:21
  Genius Act being debated and at least for now struggling on the
• 48:26
  floor of Congress. And but there is regulation in
• 48:30
  the works for stable coins and especially when it comes to
• 48:33
  private stable coins. So I think that is something
• 48:36
  that is extremely relevant and something that we will be
• 48:39
  hosting at least on one of the days at the conference as well
• 48:42
  as we have started to see some stable coins now being issued on
• 48:46
  Bitcoin with Taproot assets. So I think that will be some
• 48:49
  interesting content that we have on the mainstage, but we also
• 48:52
  have just some politicians and regulators who are coming to now
• 48:58
  that the Trump administration is more interested in engaging with
• 49:03
  our industry. We will have these people come
• 49:05
  and speak to the to our attendees.
• 49:07
  And really it will be a both a give and take because they'll be
• 49:12
  speaking to our audience, but they will be at the event.
• 49:14
  I mean, we have people coming from all over the world.
• 49:18
  So I mean, a lot of the names that you might recognize on the
• 49:20
  on the list are like Bo Hines, David Sachs, JD Vance, the Eric
• 49:26
  and Don Junior. Those are some people that you
• 49:29
  might recognize. Senator Lummus, of course.
• 49:31
  However, we also have some people that are coming and
• 49:34
  speaking that are not necessarily household names in
• 49:38
  our country. So we have like basically the
• 49:42
  David, David Sachs of Pakistan is coming and he'll be speaking.
• 49:46
  His name is Bilal. We also have the mayor of Panama
• 49:50
  City in Panama who's going to be coming and joining Max and
• 49:53
  Stacy. Actually, they've been hanging
• 49:55
  out this week and they've been posting a lot together because
• 49:58
  they are creating a, an alliance of sorts to try to bridge the
• 50:05
  gap between El Salvador and Panama.
• 50:07
  The country of Panama, which is pretty rare for, for that region
• 50:12
  of having Kayleigh has been very open with his, his Bitcoin
• 50:16
  strategy and wanting other countries in the region to adopt
• 50:19
  it. So those are just a couple of
• 50:22
  the, the internationally known people that are coming to speak.
• 50:26
  And then we also have tons of executives and not C-Suite and
• 50:29
  people that are in the industry who are coming and will be
• 50:33
  engaged with our audience. I mean, Brian Johnson is coming
• 50:37
  his, I think his talk is going to be really interesting.
• 50:39
  It's a lower your time preference.
• 50:42
  Try not to die or something along those lines.
• 50:45
  So yeah, I mean, there's really, there's something for everybody.
• 50:48
  I know sometimes our event can get a little, can get some Flack
• 50:53
  with the content, but really there's something for everybody.
• 50:56
  And like, you could go and park at one stage.
• 50:58
  If you're interested in mining content, just come sit.
• 51:00
  At the mining. Stage If you're a dev and you
• 51:02
  want to learn about the technical size of Bitcoin, just
• 51:04
  come and sit at the open source stage.
• 51:06
  It's going to be an awesome area and there's definitely something
• 51:08
  for everyone to do. Me personally I if I was just
• 51:12
  attending the event I probably wouldn't be at the mainstage,
• 51:15
  but that said there is so many huge names that I I think this
• 51:19
  year I would have a hard time missing it.
• 51:22
  It's going to be absolutely incredible, guys.
• 51:24
  You definitely don't want to miss the biggest Bitcoin
• 51:26
  celebration on earth on the verge of breaking 2000 live
• 51:30
  viewers. Guys, smash the like button.
• 51:32
  We're going to hit the news segment.
• 51:33
  We're going to be talking about the president's son and the
• 51:36
  president launching American Bitcoin.
• 51:40
  We have the details regarding that.
• 51:42
  I mean, how could you not feel bullish right now?
• 51:45
  I feel like the price hasn't caught up to the news yet.
• 51:48
  I feel like the price, you know, like it knows about the news,
• 51:51
  but it hasn't realized that the news is happening.
• 51:54
  When that happens, man, Luke Opti and my job is going to be
• 51:58
  10 times easier. Nico, Nico, you know Bitcoin
• 52:01
  can't read, just like Nico can't read so.
• 52:03
  You know, it's symbiotic. All right everybody, we'll be
• 52:06
  right back in just a second. I want to give a shout out to
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  our sponsor, Casa. Casa makes self custody easy and
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  our partner, Coin Kite. If you take your Bitcoin
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  and use promo code simply to get 5% off anything on the store.
• 54:17
  All right everybody, we are back and this is what everyone calls
• 54:22
  the Bitcoin. Johnny Depp Optimus Fields in
• 54:25
  the flesh in showing the a cold card.
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  Guys, go check it out. The cold card queue is the best
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  Bitcoin hardware wallet on the market and you can use promo
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  code simply to get 5% off. Not Opti, but the cold card.
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  You can get a cold card queue or an MK4.
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  Again, scan the QR code or check the link in the video slash
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  podcast description. Anyways, let's get to today's
• 54:47
  news. Opti looking fresh today.
• 54:51
  Eric Trump's American Bitcoin going public in latest crypto
• 54:55
  move by president's family that goes on to say the Bitcoin
• 54:59
  mining company backed by President Donald trump's son
• 55:03
  Eric trump and Donald Trump junior is set to go public on
• 55:06
  the NASDAQ through an all stock merger with gryphon digital
• 55:10
  mining. Shares of gryphon were up more
• 55:12
  than 300% Monday. The combined company American
• 55:16
  Bitcoin will trade under the ticker symbol abtc, with the
• 55:20
  transaction expected to close as early as the third quarter of
• 55:24
  2025. Existing stockholders of
• 55:26
  American Bitcoin, including the president's two eldest sons,
• 55:30
  will own about 98% of the new entity.
• 55:33
  It is the latest high profile move from the Trump's family
• 55:36
  growing crypto empire, which already includes the
• 55:39
  controversial Trump mean coin that is offering a private
• 55:42
  dinner with the president to the top holders of the coin.
• 55:45
  That's hilarious. Eric Trump, who is Co founder
• 55:48
  and chief strategy officer of the mining firm, framed the move
• 55:51
  as part of a broader strategy to cement the country's leadership
• 55:55
  in the global Bitcoin mining race.
• 55:57
  Quote, Every single sophisticated country is using
• 56:00
  their excess power to mine Bitcoin, which completely echoes
• 56:05
  what Luke Opti, myself and and Craig were saying in the
• 56:10
  beginning of the show regarding the Middle East.
• 56:13
  I'm going to say this again. Every single sophisticated
• 56:16
  country is using their excess power to mine Bitcoin.
• 56:21
  That's the signal that one quote and again guys, no one is better
• 56:25
  than their incentives. I think that's American Hoddle
• 56:27
  who coined that phrase. And it comes down to this,
• 56:31
  right? The president's children, the
• 56:33
  president's children, the vice president who's speaking at the
• 56:36
  Bitcoin conference, they all own Bitcoin.
• 56:39
  What do you think they want? What, what, where, where do you
• 56:42
  think they want the price to go? I'm just going to ask you guys
• 56:45
  that. Where do you think they want the
• 56:46
  price to go? And do you guys remember RFK
• 56:48
  Junior last year, I believe it was at the the Nick Carter fight
• 56:53
  where he was like getting interviewed.
• 56:55
  He admitted, he said, look, I put basically all my assets into
• 56:59
  Bitcoin. RFK Junior is sitting on the
• 57:02
  cabinet. This is RFK, our friends over at
• 57:06
  the Bitcoin conference. You guys managed to get him to
• 57:08
  speak last year. I think his speech was so
• 57:12
  bullish. It was interesting having RFK
• 57:15
  speak before Trump because what RFK was promising was nuts.
• 57:20
  It was like, we're going to buy 5 million, but it was like
• 57:23
  absolutely crazy. So, Craig, is Eric Eric speaking
• 57:27
  at the conference this year, is he not?
• 57:30
  He is. He will be speaking definitely
• 57:34
  his company American Bitcoin it will they have a panel and then
• 57:39
  still still navigating some of the other content that I'm I'm
• 57:42
  hopeful that they will. Be participating on but Eric is
• 57:45
  definitely speaking. Awesome, awesome.
• 57:48
  Luke, do you have any thoughts? My thoughts are that if you had
• 57:54
  told me five years ago the President of America would be
• 57:58
  this bullish on Bitcoin, I firstly wouldn't have believed
• 58:01
  you. I said in 2025 the president of
• 58:03
  America would be openly saying we want every single Bitcoin to
• 58:08
  be mined, made and minted in America.
• 58:11
  That's what Donald Trump is openly saying.
• 58:13
  If you'd have told me that would have been happening in 2025, I
• 58:16
  honestly would have thought that you were crazy.
• 58:19
  Again, in 2020, I was of the opinion that a lot of these
• 58:24
  cycles would continue. I genuinely thought, OK, the
• 58:28
  buyer in Bitcoin hasn't changed retail money.
• 58:31
  Retail is still the only game in town.
• 58:34
  So yeah, I actually believed in a lot of these stupid models,
• 58:37
  like the power law model before I got famous and all of these
• 58:41
  models of diminishing returns and all of this stuff.
• 58:44
  And now it's like you've kind of said earlier, Nico, the price is
• 58:48
  not reflecting the fundamentals. We actually have the President
• 58:52
  of America saying some of the most bullish things that anybody
• 58:55
  has ever said about Bitcoin. So I think price is a massive
• 58:59
  lagging indicator. And when it actually does snap
• 59:03
  back and catch up to the fundamentals, most people I
• 59:07
  think are probably going to do what our good friend who we
• 59:09
  mentioned earlier in the show, Dave Portnoy did, going to let
• 59:13
  us hand their Bitcoin. They're not going to be holding
• 59:16
  as much Bitcoin as they should because I don't think enough
• 59:19
  people are bullish enough. I think too many people are
• 59:22
  staring at stupid lines on charts thinking, oh, I'm a
• 59:24
  genius. I'm going to sell my Bitcoin at
• 59:26
  180 K because some expert told me to do it.
• 59:30
  And I again, I didn't think about anything critically
• 59:32
  myself. I just looked at lines on a
• 59:34
  chart that I think are using flawed data and I'm going to get
• 59:37
  wrapped. So I just think the news of the
• 59:41
  president's getting into Bitcoin, the news of the entire
• 59:44
  Trump family getting into Bitcoin, the news of the right
• 59:47
  hand man of the president, Mr. what's his name, Bo Hines,
• 59:52
  saying what he's saying about Bitcoin, saying they want to
• 59:55
  acquire as much Bitcoin as possible.
• 59:57
  All of these things are just science that look, the
• 59:59
  fundamentals are here, the price is here, The price is going to
• 1:00:03
  catch up to fundamentals in a pretty rapid way.
• 1:00:05
  And I don't think most people have prepared themselves for how
• 1:00:09
  that gap is crossed. I think one of the few people
• 1:00:12
  who does understand this. Is the man by the name of Samson
• 1:00:16
  now? Yeah. 100% he's talking about
• 1:00:19
  the Omega candles, the infamous Omega candles, 100K and one day
• 1:00:25
  right I mean it's going to happen it's going to happen I
• 1:00:27
  mean if you guys were around, you know in the you know 2
• 1:00:30
  cycles ago or so right, you know it was unbelievable to see
• 1:00:35
  Bitcoin reach $10,000 per coin. It was it, you could not believe
• 1:00:40
  it, right? So like, kind of like put
• 1:00:42
  yourself, you know, you have to remember the pass if you, you
• 1:00:45
  wanna see what you know, could potentially happen in the
• 1:00:47
  future, right? I think we're gonna be looking
• 1:00:50
  back 10 years from now and we're gonna be kicking ourselves and
• 1:00:53
  we're gonna say, look, Michael Saylor said it.
• 1:00:54
  We should have leveraged ourselves 150% and bought
• 1:00:57
  Bitcoin because like, God damn, this thing's gonna go up
• 1:01:00
  anyways. Bitcoin.
• 1:01:02
  Johnny Depp, what are your thoughts?
• 1:01:05
  Oh man, well you guys are cracking me up.
• 1:01:07
  First, the Sailor 150X leverage or 150% leverage?
• 1:01:11
  Is and by the way, that's not financial advice.
• 1:01:13
  That was just it's a joke. Yeah, that's totally trolling.
• 1:01:17
  The second. One was let his hands for it.
• 1:01:19
  No, just killing it today. The I think what Luke said is
• 1:01:24
  probably the biggest thing that I am taking away from this news
• 1:01:29
  and it really goes into what Bo Hines has been saying about this
• 1:01:31
  whole regulatory clarity stuff. It's like, look, we haven't
• 1:01:35
  covered it on the show, but there has been an article like
• 1:01:37
  CNN has been covering this, like there's a whole crypto conflict
• 1:01:41
  of interesting going on. And I know that Speaker Mike
• 1:01:46
  Johnson also is like trying to push through a bill of
• 1:01:49
  congressman not being able to like trade stocks while they're
• 1:01:52
  in office. So there is like this growing
• 1:01:55
  narrative around what is going on here.
• 1:01:58
  But I think the point remains the same.
• 1:02:00
  If Trump's kids are going into Bitcoin mining and they're
• 1:02:03
  actively saying like, we want to mine as much Bitcoin as
• 1:02:07
  possible, we want to make this the biggest public mining
• 1:02:09
  company in the world base or at least sorry in America.
• 1:02:13
  I think that is kind of growing trend or growing this idea that
• 1:02:17
  we're probably going to be seeing a more like laissez faire
• 1:02:21
  policy around Bitcoin. And I am totally for this, Like
• 1:02:25
  I am one hundred 100% for this. Just like keep your hands off of
• 1:02:29
  Bitcoin and we're going to win. And someone in the chat said
• 1:02:33
  something interesting and Craig brought it up, this whole genius
• 1:02:37
  act stablecoin regulation stuff. I think that it's it's kind of
• 1:02:41
  like, you know, for better or worse, the way that Bitcoin does
• 1:02:44
  get out of the door is they kind of pack in all the stablecoin
• 1:02:47
  stuff with Bitcoin. And again, if this happens, like
• 1:02:51
  we're going to be seeing a whole new paradigm here in in America
• 1:02:55
  in regards to how countries look at Bitcoin.
• 1:02:58
  And that's only going to kind of ripple down to every other
• 1:03:01
  country. And maybe we find ourselves in a
• 1:03:03
  point where Bitcoin is our sorry, America is kind of
• 1:03:08
  heading towards more of a Dubai kind of, you know, scenario
• 1:03:11
  where they're just like no cap gains, you know, just bring the
• 1:03:14
  business here. We're going to win.
• 1:03:16
  And again, I am all for this. So I am kind of starting to get
• 1:03:19
  hopeful with all these news. Of course, you know me, I'm not
• 1:03:22
  the most like political guy here.
• 1:03:24
  I have I've only recently followed politics because they
• 1:03:27
  landed on Iowa front doorstep. But hey, I'm all for some free
• 1:03:32
  market capitalism being unleashed in America.
• 1:03:35
  And man, if that means you know what we're seeing in Missouri, I
• 1:03:39
  I don't know if you know if that's possible.
• 1:03:42
  Let let Bitcoin run like just, you know, let Bitcoin cook, bro,
• 1:03:45
  Come on, let, let let's let's just see this get out of the
• 1:03:48
  door and we're just going to win so hard.
• 1:03:50
  Maybe we are entering into the golden age of we are winning so
• 1:03:54
  hard you're going to get tired of.
• 1:03:55
  Winning it doesn't feel like it bro.
• 1:03:58
  The price, the price come on come on, come on Bitcoin, come
• 1:04:01
  on Bitcoin. You know you guys know the meme
• 1:04:02
  where the guys like little the little stick figure guys like
• 1:04:05
  poking the the Bitcoin with the stick and then all of a sudden
• 1:04:08
  it goes well bam, yeah we're waiting for that Well, bam.
• 1:04:11
  Anyways, guys, we still got a lot of content for you guys.
• 1:04:14
  I want to give a shout out to the stream 2000 live viewers
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• 1:04:24
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  Help us break 275 likes by the time the show ends anyways guys
• 1:04:33
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  All right, everybody, we are back.
• 1:06:41
  Ladies and gentlemen, we are joined by Craig.
• 1:06:43
  Craig is programming the Bitcoin 2025 conference again.
• 1:06:49
  This is the largest Bitcoin conference in the world year
• 1:06:52
  after year, every single year. I always ask.
• 1:06:56
  I asked McShane last year. I'm going to ask you this year,
• 1:07:00
  Craig, you guys just keep one upping yourselves, but you guys
• 1:07:04
  keep setting the bar so ridiculously high.
• 1:07:07
  Like it just starts to become impossible.
• 1:07:09
  So last year you got a presidential candidate, you got
• 1:07:12
  an ex president, President Trump, who it became president
• 1:07:17
  basically promised the entire crowd.
• 1:07:19
  I was in there. I think I was on the 4th or 5th
• 1:07:21
  row. I literally like, I forgot who's
• 1:07:24
  like Germano or someone who's like, do you want to be on the
• 1:07:26
  desk or do you want to see Trump?
• 1:07:27
  I'm going to go see Trump and yeah, it was crazy, just like
• 1:07:31
  the energy in that room and then him getting elected.
• 1:07:35
  It, it was just, it was, you know, it was surreal.
• 1:07:37
  It was surreal to see that knowing that this was the end of
• 1:07:41
  Operation Choke .2 Point O. This is a very different year.
• 1:07:45
  This is a victory year essentially.
• 1:07:47
  This is OK. You know, we put in the effort.
• 1:07:50
  We got out to vote. We got Ross Olberg freed, we got
• 1:07:54
  SAB 121 repealed. We got Operation Choke .2 Point
• 1:07:58
  O terminated. What's what's going to happen
• 1:08:01
  now because you promised us Bitcoin was going to go to the
• 1:08:04
  moon and Bitcoin is not at the moon right now.
• 1:08:07
  So anyways, I do want to go through the speaker list.
• 1:08:10
  Of course. We have president JD Vance again
• 1:08:13
  confirmed Bitcoin holder. We have Ross Oberich, freedom
• 1:08:17
  fighter freed after a completely unjust sentencing.
• 1:08:23
  They tried to make an example out of him, essentially.
• 1:08:26
  You know, I never forget the first Bitcoin conference I spoke
• 1:08:29
  at. Literally, I was thrust into the
• 1:08:32
  fire, put on the mainstage. And I remember my talk was right
• 1:08:37
  after they played a video or an audio recording from Ross in
• 1:08:43
  prison. And it was so I, I remember it
• 1:08:46
  was it like all my fears of speaking in front of people just
• 1:08:50
  went away because I remembered why we are here, what we're
• 1:08:53
  fighting for. Three years later, four years
• 1:08:55
  later, Ross Gottfried ain't absolutely incredible.
• 1:08:59
  And it's a testament to the power of our movement.
• 1:09:01
  Now, what's really interesting, Craig too, is that usually
• 1:09:04
  Michael Saylor is all the way. He's the main, he's the main
• 1:09:08
  speaker. But this year, of course, it's
• 1:09:10
  JD Vance, Vice president of the United States, Ross Ulbricht.
• 1:09:13
  And of course, we have a heavy hitters as well, Senator Cynthia
• 1:09:16
  Lummis, David Sachs, Beau Hines, Vlad Tenef, he's the chairman
• 1:09:21
  and CEO of Robin Hood. We have Adam Back, Jack Mahlers,
• 1:09:26
  Paulo, I believe Satoshi speaking.
• 1:09:29
  So yeah, it's it's going to be crazy.
• 1:09:30
  It's going to be a crazy conference.
• 1:09:33
  So, yeah, I mean, Craig, you have some some insights into
• 1:09:36
  some of these speakers? Yeah, I mean, I when I pulled up
• 1:09:41
  this list, I was shocked that I hadn't even mentioned Ross yet
• 1:09:44
  because Ross is really one of our main headliners and he's
• 1:09:48
  closing out the entire event. So definitely make sure, if
• 1:09:51
  you're planning to come, make sure you're staying until the
• 1:09:54
  very, very end because he is our closer.
• 1:09:56
  And I cannot even begin to imagine how emotional it will be
• 1:10:02
  because his he's one of the main reasons like we're here and
• 1:10:07
  we're doing what we're doing. We have Chen Wing, who is the
• 1:10:10
  founder of F2 pool, who is also the first Bitcoiner in space,
• 1:10:14
  who will be attending and speaking.
• 1:10:16
  I think we'll we'll get to hear a little bit about his back
• 1:10:19
  story. The ever beloved Peter Schiff is
• 1:10:22
  coming and he's going to be sitting down with Trace Mayer,
• 1:10:25
  who is one of the Trace is one of the people that got me
• 1:10:28
  interested in Bitcoin and has kind of fallen out of the
• 1:10:31
  limelight for a little bit because of his dabbling with
• 1:10:34
  other coins. But really he is a huge Bitcoin
• 1:10:37
  maxi and has been in the space for so long and it's just an
• 1:10:41
  incredible voice. So I'm excited to hear how they
• 1:10:44
  how they interact about gold. We have Casey, the founder of
• 1:10:48
  Ordinals. That should be funny to hear his
• 1:10:51
  take, especially based on his his panels based on his comment
• 1:10:56
  last year about spit in my mouth, daddy talking about the
• 1:11:00
  government and how we all the bitcoiners are, are interested
• 1:11:03
  in in the government regulation. So I'm curious to hear his talk.
• 1:11:08
  We also have the the author of Confessions of an economic
• 1:11:12
  hitman, John Perkins. He'll be speaking.
• 1:11:15
  So I mean, we have so many incredible speakers.
• 1:11:18
  We're actually pushing 500 total speakers this year.
• 1:11:22
  So there is definitely something for everyone.
• 1:11:25
  We've got so many incredible people here, tons out like Vlad,
• 1:11:30
  the CEO of Robin Hood, there's Nico.
• 1:11:32
  I see. I mean, the the content this
• 1:11:35
  year is just top notch and it really is everything from the
• 1:11:40
  technical to the mining to the CEOs to the politicians.
• 1:11:45
  You ask how we top it every year.
• 1:11:47
  I truth, I have no idea how we managed to do it, but every year
• 1:11:52
  we somehow managed to make this even more exciting, even more
• 1:11:56
  incredible with the the names that we get the people that we
• 1:11:59
  bring on and our our job is we see our job as as multifaceted
• 1:12:05
  because we want to get the hardcore Bitcoin Maxis on the
• 1:12:10
  stage. That's definitely one thing we
• 1:12:12
  want to do. We also want to get the people
• 1:12:14
  that are somewhat tangential to the Bitcoin industry, but who we
• 1:12:17
  know are bitcoiners in waiting and we invite them to be on
• 1:12:22
  stage. Brian Johnson is a prime example
• 1:12:25
  of this. He has made some posts about, I
• 1:12:27
  guess crypto as more broadly, but we think that by getting him
• 1:12:31
  to come to our event, he can really see the value of Bitcoin
• 1:12:34
  specifically and we can help push him over the edge to really
• 1:12:38
  be a become more of a bitcoiner. So our event has something for
• 1:12:42
  everybody. And one of my favorite things is
• 1:12:45
  making sure that pleb voices are heard.
• 1:12:47
  So, you know, typically it's a little bit harder to get pleb
• 1:12:51
  voices on the mainstage with some of these other people
• 1:12:54
  they're competing against. But we try to elevate as many
• 1:12:57
  voices from as many walks of life as possible.
• 1:13:00
  We have content about Bitcoin merchants and people that sell
• 1:13:03
  their products for Bitcoin. We have content from a formerly
• 1:13:09
  incarcerated individual who has now uses Bitcoin to educate
• 1:13:15
  people that are in prison and how Bitcoin can help make them
• 1:13:18
  better people. We have content about reusing
• 1:13:23
  heat from Bitcoin mining and how you can actually be more energy
• 1:13:27
  efficient in that way. So I mean, in addition to all of
• 1:13:31
  the the current administration and people that have political
• 1:13:35
  views and especially potentially right leaning, we like to have
• 1:13:40
  all sorts of the spectrum when it comes to Bitcoin.
• 1:13:44
  And so really there is something for everybody at the event and
• 1:13:48
  we I just can't recommend coming enough.
• 1:13:50
  It's going to be a blast. I mean, this doesn't mean get
• 1:13:52
  into all the side events that are happening, all the after
• 1:13:55
  parties, all the other things that are going on during the
• 1:13:58
  day, during the night. Like it's going to be an
• 1:14:01
  incredible time and I am psyched to see you guys there.
• 1:14:05
  Absolutely. The side events are going to be
• 1:14:07
  absolutely incredible. Some of them are, you know,
• 1:14:09
  there's the, the golf tournament, there's a Rocka
• 1:14:12
  Moto. I'm announcing this live.
• 1:14:15
  Opti's about to find out. Pub Key and TFTC are are are are
• 1:14:20
  teaming up and the meme review is making a comeback.
• 1:14:23
  Opti and I will be doing a live meme review on a Las, actually
• 1:14:29
  on a Las Vegas stage. So the meme review is coming
• 1:14:33
  back, but you guys are gonna have to see it in person in Las
• 1:14:36
  Vegas again. Get your tickets because the
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• 1:14:45
  What other side events, of course you have will night,
• 1:14:48
  which is gonna be great. I think it's gonna be a little
• 1:14:50
  bit more formal this year, is it not?
• 1:14:53
  And so, so really, really cool stuff, guys.
• 1:14:56
  Las Vegas, incredible, incredible location to have this
• 1:15:01
  amazing Bitcoin celebration. I call it the Bitcoin Super Bowl
• 1:15:04
  week because that's really what it is.
• 1:15:07
  You're going to have the greatest minds all in one city,
• 1:15:10
  all in one place. Can you imagine all that Bitcoin
• 1:15:13
  that's in that location? Like holy cow, man.
• 1:15:16
  Literally 0 because we all lost it in voting action.
• 1:15:18
  We all lost it there ever. I don't have any Bitcoin 0
• 1:15:21
  Bitcoin anyways. Very securely locked up.
• 1:15:24
  Anyways, I do want to thank our special guest today, Craig from
• 1:15:30
  Bitcoin Magazine, BTC Inc for joining us today.
• 1:15:33
  It's going to be an incredibly special conference in Las Vegas,
• 1:15:37
  NV. Again, you guys could use promo
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  regarding Eric Trump regarding the beginning of the show
• 1:15:48
  regarding Bo Hines. All those people are going to be
• 1:15:51
  at the Bitcoin conference. So if you want to see them in
• 1:15:53
  the flesh, if you want to see a live meme review, if you want it
• 1:15:55
  back, we hear you in the chat. You have to go to Las Vegas.
• 1:15:59
  OK, This is this is what happens and use promo code simply so
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  anyways, I'm your host Nico, our Co host today we got Luke Mikic
• 1:16:07
  in the house best Bitcoin YouTube in the game and of
• 1:16:10
  course, my legendary Co host Optimus Fields, the Bitcoin
• 1:16:14
  Johnny Depp. We're simply Bitcoin.
• 1:16:16
  If you guys enjoyed the show like subscribe all that good
• 1:16:19
  stuff. We'll see you guys on Monday.
• 1:16:20
  Peace out, everybody. Today's episode was brought to
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  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:16:27
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