Latest / Simply Bitcoin / BREAKING: What Iran JUST Did COULD Be The BIGGEST BITCOIN ANNOUNCEMENT OF 2026?! | EP 1478

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BREAKING: What Iran JUST Did COULD Be The BIGGEST BITCOIN ANNOUNCEMENT OF 2026?! | EP 1478 · Simply Bitcoin

• 0:02
  Markets are up massively today on the news of a two week
• 0:05
  ceasefire in the Middle East. But what's more interesting is
• 0:10
  what the Financial Times reported this morning.
• 0:13
  Iran is apparently demanding payments in Bitcoin for all the
• 0:17
  vessels that pass through the Strait of Hormuz.
• 0:20
  That's $2,000,000 of Bitcoin for every vessel.
• 0:23
  Considering roughly about 100 vessels pass through the Strait
• 0:28
  of Hormuz every day, that would imply about $200 million of
• 0:32
  Bitcoin either needing to be bought every day or at least
• 0:36
  being transacted in. And that's about $60 billion a
• 0:41
  year. And on Monday, Bloomberg is
• 0:43
  reporting that the Iran war killed the Petro dollar.
• 0:47
  So did the Financial Times just tell us that Bitcoin is now the
• 0:52
  replacement for the dollar? Are we watching the world
• 0:55
  transition to adopting Bitcoin as the new neutral reserve
• 0:59
  currency? It's honestly happening a lot
• 1:02
  faster than I thought. This is was one of those very
• 1:04
  surprising things that come out of this war.
• 1:08
  But I will start with the ceasefire.
• 1:10
  As I was telling you guys yesterday, last night was a the
• 1:13
  Super Bowl for monitoring the situation.
• 1:16
  Everyone was watching what was going to happen by 8:00 PM
• 1:19
  Eastern Time and and then we got this at about 7:00 PM Eastern
• 1:24
  Time or yeah, about 7. It's 647 is when the White House
• 1:29
  posted. So this is the official
• 1:31
  announcement from President Donald J Trump on the official
• 1:35
  White House Twitter. I don't know if I should need to
• 1:38
  read the whole thing, but we got here based on conversations with
• 1:42
  the Prime Minister Shabaz Sharif and Field Marshall Aseem Munir
• 1:46
  of Pakistan and wherein they request that I hold off the
• 1:50
  destruction force being sent tonight to Iran and subject to
• 1:53
  the Islam Republic of of Iran agreeing to the complete,
• 1:57
  immediate and safe opening of the Strait of Hormuz.
• 1:59
  I agreed to suspend the bombing and attack of Iran for a period
• 2:02
  of two weeks. Now not to read the whole thing,
• 2:06
  but the other part that really is I think the the linchpin to
• 2:11
  this whole conversation, especially regarding Bitcoin is
• 2:14
  this part. We received a 10 point proposal
• 2:16
  from Iran and believe it is a workable basis on which to
• 2:19
  negotiate. Now, this is where there's still
• 2:23
  a lot of confusion here because a lot of people are wondering
• 2:26
  like, is the war over? Is this just a ceasefire?
• 2:30
  Is there actually negotiations happening?
• 2:33
  Or is this another delay tactic? And in two weeks, everything's
• 2:37
  going to resume as it has been doing the last couple of days or
• 2:41
  rather the last couple of attempts here.
• 2:43
  Here is the official statement from Iran posted by the White
• 2:47
  House Twitter account. And, and we have on behalf of
• 2:50
  the Islamic Republic of of Iran, I express gratitude and
• 2:54
  appreciation for my dear brothers.
• 2:55
  He HE Prime Minister of Pakistan, Sheriff and HE Field
• 3:00
  Marshall Munir for their tireless efforts to end the war
• 3:02
  in the region. In response to the brotherly
• 3:04
  requests of Prime Minister Sharif in his tweet and
• 3:07
  considering the request by the US for negotiations based on its
• 3:10
  15 point proposal, as well as announcement by POTUS about
• 3:13
  acceptance of the general framework of Iran's 10 point
• 3:16
  proposal as a basis for negotiation.
• 3:19
  If attacks against Iran are halted, our powerful armed
• 3:22
  forces will seize their defensive operations at least
• 3:26
  for a period of two weeks. Safe passage through the Strait
• 3:28
  of Hormuz will be possible via coordination with Iran's armed
• 3:32
  forces and with due consideration of technical
• 3:34
  limitations. Now, if you were watching the
• 3:37
  markets, like I was telling you guys last night, we saw some
• 3:41
  interesting, interesting things happen.
• 3:43
  The, I think the biggest one for the global macro picture is that
• 3:49
  WTI crude oil basically dropped 20%.
• 3:53
  So I think that's the biggest drop we've seen since 2020,
• 3:57
  since the pandemic. And I think this is where all of
• 4:01
  these conversations have been happening.
• 4:03
  As much as maybe Trump really wants to do what he's saying in
• 4:09
  Iran, what has really been holding him back is the fact
• 4:12
  that we're seeing oil go absolutely crazy.
• 4:15
  Doesn't seem like rate cuts are on the table for bonds.
• 4:17
  So if this prolong longer and there's still an if that's still
• 4:22
  kind of, you know, up in the air at the moment.
• 4:25
  But the main concern was going to be oil prices.
• 4:27
  That is probably the biggest concern for everyone watching
• 4:30
  what was going on in the Middle East and now it seems hey on
• 4:35
  this ceasefire the markets have cooled.
• 4:37
  The markets are you know, and especially in oil 20% discount
• 4:42
  literally overnight now in terms of Bitcoin we saw Bitcoin
• 4:46
  basically pump up to around 72 eight and here is kind of a
• 4:51
  headline covering it from the block and there you go Bitcoin
• 4:54
  jumps on US Iran ceasefire talks long term rally remains
• 4:58
  uncertain. Obviously, once we heard about
• 5:00
  the ceasefire last night, Bitcoin rebounded very strong,
• 5:04
  which was one of the things I was telling you guys I was
• 5:07
  watching last night is, hey, first of all, what what's going
• 5:11
  to happen? Is there going to be a massive
• 5:13
  bombing campaign last night? If so, how is that going to
• 5:16
  affect global markets? Well, we got a ceasefire.
• 5:19
  Seems like markets are cooling off and at the same time Bitcoin
• 5:23
  started pumping. Feels good.
• 5:24
  It feels like we're almost back, right?
• 5:26
  Well, there's still some uncertainty up in the air.
• 5:29
  I think the next two weeks are going to be very interesting in
• 5:33
  regards to what happened, but further what happened in the
• 5:35
  global markets and how Bitcoin reacts.
• 5:37
  Now that's just to kind of cover the basics.
• 5:40
  If you were weren't on Twitter last night, if you weren't
• 5:42
  following social media, that's where we currently stand, though
• 5:45
  there are some developments this morning that I will cover a
• 5:49
  little bit. But the big news for us as
• 5:52
  Bitcoiners, I think the big kind of defining story here is what
• 5:56
  the Financial Times reported. Now, I don't have a Financial
• 5:59
  Times account, but I did, you know, Fact Check that this was
• 6:03
  true. Here's Bitcoin magazine's
• 6:05
  coverage of it. Iran to accept Bitcoin for
• 6:07
  Strait of Hormuz transit as ceasefires takes hold.
• 6:12
  Iran plans to charge ships. Hold on.
• 6:16
  Iran plans to charge ships bitcoins tolls to pass through
• 6:18
  the Strait of Hormuz, tying the cryptocurrency to a key global
• 6:23
  energy checkpoint. Now, I've talked about this idea
• 6:27
  on the show for a long time. Currently, if you understand how
• 6:33
  the world works, it's really run by the petrodollar.
• 6:35
  It's the fact that energy, or rather oil is tied to dollars,
• 6:40
  that the only way you can really interact and buy oil is through
• 6:45
  interacting and using dollars. This is the petrodollar system.
• 6:48
  This is where everything kind of is connected to the dollar
• 6:53
  because the dollar is connected to oil, or rather energy.
• 6:56
  And one of the things that Bitcoiners have been saying for
• 6:59
  a long time is the idea of the petrosat or the Petro Bitcoin
• 7:03
  system, that Bitcoin being a money, a currency, a commodity,
• 7:09
  however you want to frame it. But being directly died tied to
• 7:14
  energy is one of the things that gives Bitcoin the value that it
• 7:19
  does. But what would be a very
• 7:22
  revolutionary and huge step would be if energy is priced in
• 7:27
  Bitcoin, not only is it in energy money, but if energy was
• 7:32
  priced in Bitcoin and therefore people would be using Bitcoin to
• 7:37
  purchase their energy needs. Now this is where the story does
• 7:41
  get very interesting because at least allegedly from what the
• 7:46
  Financial Times has reported, and the only reason we're really
• 7:49
  talking about the Financial Times today in a positive light
• 7:51
  is because they are a quote trusted institution here.
• 7:55
  Like they, this is not just Bitcoin Twitter and non accounts
• 7:59
  posting this and saying this is happening.
• 8:01
  This is not an April Fool's joke.
• 8:03
  This is what they're officially posting on Financial Times.
• 8:06
  So it is a reputable source, at least for the most part.
• 8:10
  Now, we can obviously talk about whether these are rumors,
• 8:13
  whether this is actually the current state of affairs.
• 8:17
  Nico wants to pop in all. Right.
• 8:19
  So this is super real and the geopolitical implications of
• 8:24
  this are absolutely massive. 100%.
• 8:29
  I can't emphasize enough, Opti said about this not being just
• 8:35
  noise. This is Seif Idina Moose, author
• 8:38
  of The Bitcoin Standard. This is his post and it is a
• 8:42
  screenshot of the financial. Yeah.
• 8:43
  Well, I was going to get to that, but OK.
• 8:46
  Iran is collecting is its Hormuz toll in Bitcoin.
• 8:51
  This completely falls into the theory as to why we believe
• 8:57
  Bitcoin is going to be the world reserve currency.
• 9:02
  Reason number one, right? You can't debase it. the US
• 9:06
  government gets a tremendous amount of power from being able
• 9:09
  to debase its own currency. Do you think other countries
• 9:12
  that hold the United States dollar appreciate that?
• 9:17
  Do you think they like that? They don't like that they deal
• 9:20
  with it because the dollars is a great way to, you know, transact
• 9:24
  overseas. However, the dollar has been
• 9:29
  weaponized, right? As soon as the sanctions started
• 9:32
  happening against Russia, when the Ukraine conflict started
• 9:36
  happening, what did a lot of Western countries do?
• 9:40
  They froze the accounts of any entities that were related to
• 9:44
  Russia. I received a wire from Brazil.
• 9:47
  Check this out. I received a wire from Brazil
• 9:51
  because I made an investment in Brazil and the LLC that I was
• 9:56
  receiving the wire to in the United States, it had some type
• 10:02
  of like apparently there's a, there's a, some type of entity
• 10:06
  in Russia that has a very similar to this LL CS name.
• 10:09
  Even though the LLC is literally based in the United States, the
• 10:13
  businesses business in the United States.
• 10:15
  I have nothing to do with Russia.
• 10:18
  I don't have a family in Russia. I don't have anything in Russia.
• 10:21
  And that wire got stuck in limbo for a week, a week, 7 days.
• 10:28
  And I would call the bank and I'd be like, like, hey, like,
• 10:33
  what's going on? Like where's my money?
• 10:37
  And they were like, you know, KYC AM L regulations and
• 10:41
  apparently this is tied to an entity like whatever.
• 10:44
  And I'm like, just because it has similar names, whatever.
• 10:47
  Long story short, I ended up getting the money.
• 10:49
  It was seven days later. I had no idea where the money
• 10:52
  was for seven days. And if you compare and contrast
• 10:57
  that with Bitcoin, right? And this gets to my second
• 10:59
  point. If someone says they sent you a
• 11:04
  Bitcoin transaction, it's not a trust me bro type of situation.
• 11:09
  It's a here's the mem, here's a mem pool.
• 11:12
  You could see your transaction. You could see the transaction
• 11:15
  the moment they sent it. You could see exactly where it
• 11:18
  is. You can get an estimated idea of
• 11:21
  when the transactions going to confirm, right?
• 11:25
  It's that open. So this narrative that Bitcoin
• 11:29
  is somehow, you know, private money and somehow Fiat money is
• 11:35
  public money is utter BS and pure central banker projection
• 11:42
  because that's 100% what it is. The so-called public money is Co
• 11:49
  opted. It's political, it gets
• 11:52
  censored. Do you guys remember the
• 11:54
  Canadian truckers protest? That's your money.
• 11:57
  You earned it. You paid taxes on it, and they
• 12:01
  still censored it. They froze it because of your
• 12:05
  political opinions. So imagine, put yourself in Iran
• 12:11
  shoes, right? They're just going through this
• 12:13
  conflict. Their whole leadership, you
• 12:16
  know, got affected. You know, I don't know how much
• 12:19
  confidence they have in their local currency.
• 12:22
  And check out this line, which by the way, I guarantee you this
• 12:28
  is going to be weaponized. This statement is going to be
• 12:32
  weaponized because this is exactly what happened when the
• 12:35
  Russia conflict started to break out.
• 12:37
  There was articles that Elizabeth Warren was quoting on
• 12:41
  X that literally said, Oh my God, the Russians are using
• 12:46
  Bitcoin to skirt OFAC sanctions, right?
• 12:50
  So I guarantee you this statement is going to be
• 12:53
  weaponized. IA 100% guarantee it.
• 12:56
  But at the same time, you know what it's signaling?
• 13:00
  You know what it's signaling? As much as Christine Lagarde and
• 13:04
  the central bankers are saying that Bitcoin isn't money, as
• 13:08
  much as, you know, you have these authors, these so-called
• 13:12
  economists, right? You know, I the, the, the
• 13:15
  favorite one on YouTube, he was going viral for a while.
• 13:17
  I think he kind of dropped off the radar.
• 13:19
  Gary so Stevenson or. Something like that anyway, like
• 13:22
  he had like this like, you know, like the he had this British
• 13:25
  accent and like. Very.
• 13:26
  I think it was Gary. It was Gary something.
• 13:27
  I think it was Stevenson it. Was like, you know, Gary's
• 13:29
  economics or something like that.
• 13:31
  And he's like, listen, like, you know, and he's really cool and
• 13:34
  he has like, you know, the swag and I, I guess that's debatable,
• 13:37
  but whatever. And he has like a rhythm to it.
• 13:40
  But he's basically making the case that.
• 13:42
  Listen, Bitcoin, is it money? You know, it's like this isn't
• 13:46
  money. This isn't it's volatile.
• 13:48
  It's this, it's that. Ladies and gentlemen, ladies and
• 13:52
  gentlemen, you couldn't make this more poetic if you tried,
• 14:00
  right? Do you think Iran likes Trump?
• 14:03
  No. You know how much Trump has
• 14:06
  invested in Bitcoin? Hundreds of millions of dollars,
• 14:10
  possibly billions. And there you have his worst
• 14:16
  enemy essentially right now saying, hey, I want to get paid
• 14:20
  in Bitcoin. And this goes back to Jeff
• 14:23
  Booth's quote and thesis, which is like, the thing about Bitcoin
• 14:26
  is that you have to be OK with even your worst enemy using
• 14:32
  Bitcoin. If this is not an indication
• 14:37
  that Bitcoin is slowly but surely becoming the global
• 14:42
  reserve currency because of its characteristics, I don't know
• 14:47
  what other type of example you can provide.
• 14:53
  Check out the quote. Once the e-mail arrives and Iran
• 14:57
  completes its assessment, vessels are given a few seconds
• 15:01
  to pay in Bitcoin, ensuring they can't be traced or confiscated
• 15:07
  due to sanctions. You know what happens when you
• 15:12
  politicize the money? The incentive is for other
• 15:19
  countries that are on that sanction list, whether you agree
• 15:24
  with them or not, they're going to seek alternatives.
• 15:29
  That is inevitably what is going to happen.
• 15:33
  So if you are Russia or if you are Iran, you're saying I'm not
• 15:40
  going to touch the US dollar system because if I touch the US
• 15:44
  dollar system, there is a risk that depending on the
• 15:48
  administration, depending on who is in power, they're just going
• 15:53
  to seize it. They're just going to freeze the
• 15:55
  account. And I have absolutely no
• 15:58
  recourse. That is what's going to happen.
• 16:01
  So if you're Iran, you're saying I still want to get paid, right?
• 16:06
  By the way, we'll get into that Iran stuff later.
• 16:12
  Guys, this wasn't a victory whatsoever is Iran basically got
• 16:17
  the terms it wanted. It got a ceasefire.
• 16:20
  It essentially got complete control over the Strait of
• 16:23
  Hormuz. It's also updated news this
• 16:25
  morning where it's still unsure whether the Strait of Hormuz is
• 16:29
  open and the ceasefire still on, of course, So if you're.
• 16:32
  If you're an insurance company, right, would you essentially are
• 16:37
  you going to send the first ship?
• 16:39
  Like that's the question, are you going to send the first
• 16:41
  ship, you know, through the Strait?
• 16:43
  So, but that's besides the the point.
• 16:46
  We're not a political channel. We talked a lot about politics
• 16:49
  yesterday. Today I want to focus on how
• 16:52
  consequential this is. We went from 15 years ago,
• 16:58
  Bitcoin being used to buy, was it Papa John's?
• 17:02
  It was Papa John's, right, Papa? Little Caesar's?
• 17:05
  No, it wasn't Papa John's. I forget.
• 17:07
  It was Papa John's or Domino's. It wasn't Domino's.
• 17:09
  I think it's Papa John's. It's Papa John's so.
• 17:11
  We went from Bitcoin being used to test a test transaction being
• 17:16
  used to buy 2P John's pizzas 10,000 Bitcoin.
• 17:22
  Fast forward 15 years later for it being used as a way to
• 17:29
  transact, because if it's not used in this way, the money
• 17:37
  could and can be confiscated. Now, the Financial Times is not
• 17:43
  our friend, OK? They're not a friend of Bitcoin.
• 17:49
  This specific passage plays directly into the narrative that
• 17:58
  the enemies of Bitcoin are propagating.
• 18:03
  So I 100% guarantee that the Elizabeth Warren camp is going
• 18:09
  to take this quote and they're going to absolutely run with it.
• 18:14
  And something that I've been saying for years on this show is
• 18:18
  that guys, Bitcoin is an open monetary protocol.
• 18:26
  And the way that the current financial system works is it's a
• 18:32
  system of control. It's a system of control.
• 18:36
  I gave you the example about receiving a wire from an
• 18:40
  investment that I made in Brazil, and it took seven days.
• 18:46
  It's supposed to take 24 hours. It took seven days because they
• 18:49
  were essentially checking that, you know, it wasn't related to
• 18:53
  whatever, even though it was an entity in the United States.
• 18:59
  So I don't think, and perhaps it's a little bit like unpopular
• 19:09
  to say this, but I just think it's the reality, like the
• 19:13
  architectural reality. I don't think the two systems
• 19:17
  are compatible. I don't think you can have the
• 19:23
  bureaucratic control that governments are used to having,
• 19:27
  which by the way, they squandered this because if they
• 19:30
  didn't, they couldn't help themselves.
• 19:32
  But they they didn't weaponize the dollar, then people would
• 19:36
  keep using the dollar. But if as soon as they weaponize
• 19:40
  the dollar, as soon as they politicize the dollar, do you
• 19:46
  think Russia, do you think Iran, or do you think any country that
• 19:51
  has been sanctioned by the United States, do you think that
• 19:54
  they'll ever go back to using the dollar?
• 20:00
  That's that's a one that's a one way door.
• 20:03
  You're not going back. Of course you're not going back.
• 20:06
  Now I know what some people might be saying in the chat, but
• 20:12
  Nico like it's Iran, it's Russia, it's North Korea.
• 20:20
  I don't know what happened. I got like a burp or something
• 20:24
  I. Don't know where that came from.
• 20:25
  I was like a burp. It's, it's Iran, it's Russia,
• 20:29
  it's North Korea. The people most affected by
• 20:41
  these sanctions are not the governments of those countries.
• 20:45
  And the reasoning behind the sanctions in the 1st place.
• 20:51
  The reason we get told. Cuba included in there as well.
• 20:56
  The reason we get told we were sold on the sanctions against
• 21:03
  Russia in order for a regime change.
• 21:08
  That is why we get told. What we don't get told is that
• 21:13
  the majority of people living in those countries are just like
• 21:17
  you and I. Do you think they give a flying
• 21:20
  F about geopolitics? No, the majority of people in
• 21:25
  those countries are just trying to live and feed their families
• 21:31
  and get by and just because of the place they happen to be born
• 21:36
  in, they're being told you are not allowed to interact with the
• 21:43
  global economy. This is what Bitcoin is for.
• 21:49
  This is literally why Bitcoin is part of the reason Bitcoin was
• 21:53
  invented. Now, I don't know if the
• 21:59
  political apparatus, which is why I think this article by the
• 22:05
  Financial Times is not an innocent 1, is going to be OK
• 22:10
  with this. I, I, I don't think they are.
• 22:14
  I don't think they are. I think they're going to be, I
• 22:17
  think they're going to weaponize this.
• 22:19
  I think that they're going to use this as a justification as
• 22:22
  to why you can't withdraw to your own self custody address.
• 22:26
  I think that this is going to be a justification to put even more
• 22:29
  pressure on mining pools to censor certain Bitcoin
• 22:32
  transactions. I think this is going to be used
• 22:34
  as a justification to attack the censorship resistant properties
• 22:39
  of Bitcoin without. I don't have a doubt in my mind
• 22:43
  that's the case, right? So, yeah, I'm telling you, this
• 22:51
  is one of the biggest pieces of news I think we've seen all
• 22:54
  year, man. And it and it goes, it plays
• 22:57
  directly into our thesis, our theory.
• 23:03
  If you have any doubt that Bitcoin is going to become the
• 23:06
  global reserve currency and and you're writing a book about
• 23:11
  this, maybe you're like a historian and you're writing a
• 23:13
  book about, you know, the the adoption of Bitcoin.
• 23:17
  This is going to be one of those moments that you're going to put
• 23:22
  in the book. And I remember it was like the
• 23:24
  ex Prime Minister of of of of the UK and Tucker Carlson was
• 23:31
  trying to do an interview. With him.
• 23:32
  Oh yeah, yeah, Boris. Johnson.
• 23:34
  It was Boris Johnson. And it's so funny.
• 23:37
  The guy was like, yeah, I'll do an interview with you if you pay
• 23:40
  me half $1,000,000 in Bitcoin or gold.
• 23:44
  Funny how that works, right? Funny how that works.
• 23:48
  This is the same politician. That and then he came about like
• 23:51
  a Week, 2 weeks ago saying like, I've never heard of this Bitcoin
• 23:53
  yeah and. And this is like, again, this is
• 23:56
  the same politician that is implementing these, you know,
• 24:00
  monetary controls in their countries.
• 24:03
  But when it comes to them getting paid, when it comes to
• 24:05
  them receiving funds, yeah, Bitcoin's fine, right?
• 24:08
  This is this is part of the reason Bitcoin became so popular
• 24:12
  like in the early days, WikiLeaks, right, which you
• 24:17
  know, the whole Julian Assange thing became super, super
• 24:20
  famous. Their whole thing was listen,
• 24:24
  we're going to expose government corruption and things that are
• 24:27
  being covered up. The reason they got so famous is
• 24:29
  that they released a video of an Apache gunship essentially.
• 24:36
  I don't know how much I how I don't know how graphic I could
• 24:40
  be on YouTube, but essentially it was a, a video that was
• 24:45
  leaked of an Apache gunship and some, some people were targeted
• 24:52
  that were not supposed to be targeted.
• 24:54
  And it was like, it was, it was pretty bad, right?
• 24:57
  And of course, you know, the United States military covered
• 25:00
  it up like from from an optics perspective.
• 25:04
  And WikiLeaks actually got a hold of the video and they
• 25:06
  leaked the video and it became a major, major scandal right Now,
• 25:11
  what was the first thing that happened to WikiLeaks?
• 25:14
  Well, what the governments do, Governments put pressure on the
• 25:18
  payment providers. So WikiLeaks could no longer
• 25:21
  accept donations and Visa or MasterCard.
• 25:26
  So what did they do? They started accepting donations
• 25:30
  in Bitcoin. That was one of the best trades
• 25:34
  that ever happened to them because this was back in
• 25:36
  20/12/2013. Actually, this is one of the
• 25:39
  reasons that Satoshi decided to disappear was when that the
• 25:43
  whole WikiLeaks debacle started. So it's just, it's fascinating
• 25:48
  to me that this quote came and the Financial Times is dropping
• 25:57
  this. And of course, you have none
• 25:59
  other than Seif Idina Moose, the author of, I would say, one of
• 26:04
  the most consequential economic books of our generations, the
• 26:11
  Bitcoin Standard, tweeting about it.
• 26:14
  Iran is collecting its Hormuz toll in Bitcoin.
• 26:18
  Good reasons for holding U.S. dollars get fewer every day.
• 26:21
  And again, I don't think they can help themselves.
• 26:27
  Full stop. I, I, I, I, they, they can't
• 26:31
  help themselves but to debase and they can't help themselves
• 26:36
  but to politicize the money, but to police the money.
• 26:39
  And if they politicize the money, if they police the money,
• 26:43
  if they debase the money, you know what?
• 26:47
  That is the primary reason. That is the major incentive.
• 26:51
  That is why you say, hey, listen, I don't want to deal
• 26:54
  with that anymore. I don't want, I don't want, I
• 26:57
  don't want political money. I don't, I don't want money that
• 27:01
  you can freeze. I don't, I don't want money that
• 27:04
  I have to ask for permission to use because that concept is
• 27:07
  insane. If you think about it.
• 27:12
  You work, you pay taxes, you earn money.
• 27:16
  And despite you quote UN quote earning money, they could still
• 27:20
  debase it and they could still censor it for retroactive
• 27:26
  reasons. So it's it's not like, OK, you
• 27:29
  broke this law. It's like, no, no, no.
• 27:31
  All of a sudden we made a law, and then because we made this
• 27:35
  new law, we could just freeze all the money.
• 27:38
  Imagine if we lived in a world where governments didn't have
• 27:44
  the capacity to do that. I think there's going to be pros
• 27:48
  and cons, 100%, no, no doubt about it.
• 27:53
  But I personally believe, I think you're going to see a much
• 27:56
  more honest world, a much more transparent world.
• 28:00
  And at the same time, I don't want to be lectured by the
• 28:06
  government because the last time we as a people elected a
• 28:13
  government to go in there and audit and see what they're doing
• 28:17
  with our tax dollars, Elon went in there, someone who literally
• 28:22
  invented self driving cars and self landing rockets and they
• 28:26
  literally ran him out of town. So we can't audit them.
• 28:31
  They can audit us. They can freeze our shit.
• 28:35
  We can't freeze them. They say that our shit is
• 28:39
  private and they say that their shit is public, even though we
• 28:44
  can't audit the Fed, even though we can't, you know, send I can't
• 28:49
  send AUS wire to someone in Cuba, right?
• 28:54
  Let's say it's just a family member, not collected, not
• 28:57
  connected to anybody in the government whatsoever, just a
• 29:01
  family member. I can't do that.
• 29:03
  And if I can, they're going to take an absorbent fee and it has
• 29:06
  to go through a middle man. And there's a possibility that
• 29:09
  it doesn't even get to the to the to the position.
• 29:12
  Listen, the majority of people don't give a flying F about the
• 29:17
  geopolitical situation and the war.
• 29:20
  The majority of people on planet Earth are like you and I.
• 29:23
  You know what they care about? Feeding their families, putting
• 29:26
  food on the table and just going about their day.
• 29:29
  That's what they care about, and that is who Bitcoin is for.
• 29:34
  They don't care about the political situation.
• 29:37
  They don't care. So this is enormous news.
• 29:41
  This is massive news. And you put the, the, the, the
• 29:44
  bullish news aside, what Opti was talking about in terms of
• 29:47
  how much money that is, it plays.
• 29:50
  Yeah, the precedent is way bigger.
• 29:52
  The precedent is way bigger, but let's talk about the numbers
• 29:54
  because I know you guys love number go up, so let's talk
• 29:57
  about it, OK? You add the fact that stretch is
• 30:02
  literally buying the entirety of the supply.
• 30:05
  No, two times the two times so far this.
• 30:08
  Year, right, That's just one entity.
• 30:12
  You, you don't even bring up MicroStrategy, you don't even
• 30:15
  bring up Metaplanet. You don't even bring up the
• 30:17
  sovereign wealth funds. You don't even bring all that
• 30:20
  up. You have one of the a nation
• 30:24
  state with 90 million people that's basically saying, hey
• 30:27
  listen, every ship roughly 100 a day, you have to pay me a fee
• 30:32
  and that fee has to be in Bitcoin like.
• 30:36
  Yeah, so, so the numbers I looked was 80 to 130 ships a
• 30:40
  day. What?
• 30:40
  Did we cover yesterday? Morgan Stanley ETF launched
• 30:43
  today. I don't know if we're covering
• 30:45
  that today, but there is some interesting news about its
• 30:47
  release. Maybe.
• 30:48
  Maybe I'll cover it in the culture, if you know, I'm the
• 30:49
  news I mean. Like, guys, this isn't rocket
• 30:53
  science, ladies and gentlemen, All right?
• 30:56
  This isn't rocket science, OK? This is not rocket science.
• 30:59
  This is not rocket science. You don't have to be, you know,
• 31:03
  particularly plugged into the geopolitical situation or what's
• 31:06
  going on here or what's going on there.
• 31:09
  This is massive. And this proves exactly our
• 31:14
  thesis. And This is why Bitcoin
• 31:16
  ultimately is going to win, because it is a money that is
• 31:23
  owned and controlled by nobody. It's rules without rulers.
• 31:30
  It proves that money can function without a nation state.
• 31:37
  That's what it proves. And not only can it does it
• 31:40
  prove that it could function without a nation state, it
• 31:42
  proves that it's actually better without the ruler.
• 31:47
  It proves that the ruler has consistently abused their power
• 31:53
  and control over the money to benefit themselves at the
• 31:56
  expense of the people. That's what Bitcoin proves.
• 32:01
  And this massive breaking news today confirms that.
• 32:06
  It confirms that 100%. They're saying, hey, listen, the
• 32:11
  Prime Minister of the UK that wanted to get interviewed by
• 32:14
  Tucker Carlson, don't pay me in pounds.
• 32:17
  They could censor that, pay me in Bitcoin, pay me in gold.
• 32:22
  Iran, who just in a conflict of the United States, yeah, we're
• 32:26
  going to collect that toll. But that toll, we don't want it
• 32:30
  in dollars. Why don't they want it in
• 32:31
  dollars? Because they're going to freeze
• 32:33
  that shit. You know what they want it in?
• 32:35
  They want it in Bitcoin, and they'll probably keep it in
• 32:38
  Bitcoin. Another thing that I want to
• 32:40
  mention too is in terms of the hash rate.
• 32:43
  I think Iran represents this like 5 to 8.
• 32:45
  Percent. I think it's higher than that,
• 32:47
  but yeah, a significant amount of the hash.
• 32:49
  They represent a huge part of the overall Bitcoin hash rate.
• 32:52
  Now here's the thing. Bitcoin doesn't care about what
• 32:57
  your political beliefs are, what your religion is, what your you
• 33:01
  know, what your race is. That's the beauty of it.
• 33:04
  It's neutral money. It's neutral money.
• 33:09
  So the reason I'm giving all of this context and I'm getting all
• 33:12
  hyped up and I'm talking about all this is make no mistake,
• 33:17
  over the next 5 to 10 years when they start trying to cry
• 33:21
  boogeyman and wolf, Oh my God, it's this is evil.
• 33:25
  This is horrible. We can't live in a world where
• 33:28
  we can't censor the money. It.
• 33:30
  This is going to cause global financial instability and crime
• 33:33
  is going to rise. You have to ask yourself, do
• 33:38
  those people actually have the moral standing to tell you all
• 33:41
  of those things? I don't know.
• 33:47
  I do remember the daycares, though, that I think that made
• 33:51
  the news cycle for like a week. And then I don't know what
• 33:53
  happened. It's almost as if that story
• 33:56
  dropped off the face of the Earth.
• 33:57
  I don't know what happened there.
• 33:58
  Man, That was weird. That was strange, right?
• 34:03
  It's like, we got Doge in there. We got Elon.
• 34:07
  You know, it's one of the smartest guys.
• 34:08
  That's maybe some people don't like Elon.
• 34:10
  I'm I'm a fan of Elon, got in there and he's like, all right,
• 34:15
  look, look at all these inefficiencies.
• 34:17
  Did they run? They ran him out of town.
• 34:21
  OK. And then how many audits has the
• 34:25
  Pentagon failed in a row? What is it like 7?
• 34:31
  When's the last time they actually even got out of it?
• 34:33
  It's a real question. When was the last time we saw
• 34:36
  gold at Fort Knox? Yeah, where is the gold on it?
• 34:39
  Where is the gold? Right.
• 34:41
  So again, it's rules for thee, but not for me.
• 34:47
  OK, you could say that was the best system.
• 34:51
  I got a crazy solution. You ready Rules without rulers?
• 34:56
  Who are, who's the only people that are going to be upset in,
• 35:00
  in that proposal? It's going to be the rulers,
• 35:03
  right? And again, maybe they had this
• 35:06
  moral justification why as to there should be rulers.
• 35:11
  But what I've seen, and I've mentioned a couple examples from
• 35:15
  the last 15 to 20 years, is that, boy, oh boy, do those
• 35:19
  rulers use those rules against you.
• 35:22
  And, and, and they and they, they kind of use them as like,
• 35:25
  you know, recommendations for themselves.
• 35:32
  What happened in that island, man?
• 35:34
  What happened? What happened?
• 35:36
  What happened? What's going on?
• 35:41
  Hey, yo, those files sure, you know, dropped off the face of
• 35:48
  the earth, did they not? Huh.
• 35:50
  Never saw them again. They just disappeared anyways
• 35:53
  guys it's going to be a great show.
• 35:54
  We have tons to talk about other breaking news as well.
• 35:58
  Charles Schwab, one of the biggest brokerages in the United
• 36:02
  States announcing that they're going to be releasing Bitcoin
• 36:06
  trading for their clients and they released the
• 36:11
  recommendations to how much Bitcoin should someone purchase?
• 36:17
  And most importantly, they, they put in that very important
• 36:20
  number, that very important assumption of, hey, listen, this
• 36:25
  might appreciate 25, this might have a 25% CAGR.
• 36:29
  So we're going to be talking about this.
• 36:30
  Also kind of relating to this theme and this topic as well is
• 36:35
  Michael Saylor went on Peter Mccormack's show a while back
• 36:41
  and he was actually talking about the Hyatt quote where he
• 36:45
  was talking about, listen, we got big problems.
• 36:49
  We can't really, and this is what Elon experienced, and this
• 36:53
  is, I think something that I learned with this election
• 36:56
  cycle. You can't really change the
• 36:58
  system from within the system because the system will fight
• 37:02
  you back. So you kind of have to find this
• 37:04
  sly, roundabout way, right? So it's interesting hearing
• 37:09
  Sailor talk about that in particular because I think
• 37:12
  everyone's perception of Sailor as of late has been that, hey,
• 37:16
  listen, he's just this like suit coiner and that's what he's
• 37:20
  about, etcetera, etcetera. So anyways, guys, it's going to
• 37:24
  be a fantastic show. We have 500 live viewers on
• 37:26
  YouTube alone. If you guys are enjoying it,
• 37:28
  make sure to smash that like button.
• 37:30
  Consider subscribing and shout out to everybody watching us on
• 37:33
  Rumble on YouTube on X, your platform of choice.
• 37:36
  Another historic day in Bitcoin and we got a little bit of a
• 37:42
  price pump, which was nice. It was.
• 37:44
  Nice. Well, it, it retraced a little
• 37:46
  bit, but we're, we're above 70. That's all that, really.
• 37:49
  We're above 70 anyways. We got a ton to talk about.
• 37:53
  We're going to be right back in just a bit.
• 37:55
  We'll be right back. Today's episode is brought to
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  bitcoinwell.com/simply? At the time of recording the
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  944,215 Realized monetary inflation .83% Market cap 1.43
• 41:00
  trillion Bitcoin versus gold market cap is 4.77%.
• 41:05
  Percentage issued 95.3% decline from all time high 43.3%.
• 41:11
  So if you're buying Bitcoin right now, you're getting it at
• 41:13
  a 43% discount. Boy is it hot in here, dude, we
• 41:17
  got to figure out. This ACH, I keep saying it,
• 41:21
  it's. Out of control.
• 41:22
  I am sweaty. I keep saying it.
• 41:25
  Anyhow, back to the topic at hand.
• 41:28
  Our boy Sam Callahan, who's now with Oranje BTC.
• 41:33
  Shout out guy. Very interesting post this
• 41:37
  morning. Charles Schwab is launching BTC
• 41:42
  trading for its 46,000,000 clients in Q2.
• 41:46
  That in and of itself is a story our boy Luke and Opti are
• 41:50
  probably gonna get gonna get upset because I I, Yeah.
• 41:52
  You just stole our story. I just burnt a headline.
• 41:54
  Whatever, whatever. We we got other stuff.
• 41:56
  I just burnt a headline. I'm sorry, boys.
• 41:59
  Dude, this guy's making my job so much harder.
• 42:01
  This. Is a good headline story so you
• 42:03
  guys are getting 2 headline stories back-to-back on today's
• 42:06
  show it's a good show smash the like button consider subscribing
• 42:10
  check out our sponsors anyways Charles Schwab is launching BTC
• 42:14
  trading for its 46,000,000 clients in Q2 yeah I messed up
• 42:18
  bro that's literally a title that's.
• 42:22
  Literally a title dude. This guy makes my job so much
• 42:24
  harder. They now say that if an investor
• 42:29
  expects beat that I'm sorry, I apologize.
• 42:32
  I I this is. So just keep going.
• 42:36
  Just keep going. Whatever, whatever we're
• 42:38
  feeding, we're feeding the chat today.
• 42:39
  We're feeding the chat. This is a headline story.
• 42:41
  You guys are getting 2 headline stories back-to-back.
• 42:44
  Special treat. They now say that if an investor
• 42:48
  expects BTC to return 25% annually, the optimal allocation
• 42:53
  is 3% to 22%. Historically, BTC has returned
• 42:58
  well over 25% annually in the in the five years following 50%
• 43:04
  corrections. So why is this a big deal?
• 43:09
  Why should you care? Why is this important, and how
• 43:12
  does this affect me? Those are all very good
• 43:14
  questions. Now let me tell you why.
• 43:19
  Wait, hit, hit that, hit that visual and just keep it on the
• 43:21
  screen. Yeah, one of the largest.
• 43:25
  They got ether in there. I don't know.
• 43:27
  They listen. They can't be perfect.
• 43:29
  Everyone, it's not perfect, but you know, it's getting there.
• 43:32
  It's close. It's close.
• 43:34
  Charles Schwab is the brokerage. The most important thing.
• 43:39
  Charles Schwab is the brokerage that rejected Opti, OK, It's
• 43:43
  true. So we're going full circle in
• 43:45
  this lore right now, OK? They have come back to Opti and
• 43:50
  they have said indirectly, listen, man, we listen to your
• 43:54
  show. We apologize.
• 43:56
  We're still not opening an account for you, but.
• 43:59
  Yeah, I'm still broke. I'm.
• 44:02
  You were right. I'm joking, but I'm also being
• 44:06
  serious. This is take the Iran stuff,
• 44:11
  take the Morgan Stanley stuff. Now you have one of the largest
• 44:16
  brokerage firms in the United States.
• 44:20
  This is like what my family uses to buy stocks, right?
• 44:24
  Like one of the largest brokerage firms in in the United
• 44:28
  States, 46,000,000 clients. I think they're tied to a bank,
• 44:33
  by the way, basically announcing that say, listen, we're
• 44:38
  launching BTC trading for its 46,000,000 clients.
• 44:41
  Do you think it's because they read the Bitcoin standard?
• 44:44
  No, it's because they're seeing what BlackRock is doing.
• 44:48
  They're seeing what strategy is doing.
• 44:50
  They're seeing the fortune that Robin Hood, Coinbase and all
• 44:55
  these other, you know, exchange thing.
• 44:57
  What are you pointing at? Chad, dude, don't worry about
• 45:00
  what I do. Keep going.
• 45:02
  OK, anyhow, but you're like, you've been pointing at this
• 45:05
  whole show. It's 'cause I I I'm emphasizing
• 45:07
  the comments here dude, but. Where are the are the comments?
• 45:11
  We should do that. Should pull up dude.
• 45:13
  Just keep going, keep going. And they're saying, hey, to
• 45:18
  quote Sam now, say that if an investor expects BTC to return
• 45:24
  25% annually, the optimal allocation is 3 to 22%.
• 45:30
  That's wild, wild, wild. And then they put annual return
• 45:37
  assumption. So if you think it's zero,
• 45:40
  obviously your allocation should be 0.
• 45:42
  If it's five, a little bit of a jab there.
• 45:45
  They're like, it should be 0 if it's a 10% return.
• 45:50
  They think your allocation should be 1.5.
• 45:53
  Aggressive is 1.9. If you think, and this goes to
• 45:58
  Michael Saylor's thesis, which he thinks that the annual return
• 46:02
  of Bitcoin for the next 20 years is going to be 20%.
• 46:07
  Charles Schwab is saying you should allocate A moderate
• 46:12
  allocation should be 16.9%. If you think Bitcoin's CAGAR for
• 46:19
  the next 20 years is going to be 15%, your allocation should be
• 46:24
  6.6 and that is moderate. If you think the annual return
• 46:30
  assumption is going to be 25%, they're saying you should put
• 46:33
  22% of your portfolio into Bitcoin.
• 46:40
  I definitely effed up using this as the numbers because this on
• 46:45
  in and of itself is a is a good intro story.
• 46:48
  Yeah, well, you know, The funny thing is I told you not to put
• 46:51
  this on the show, but whatever, it's all good.
• 46:53
  It's all good. We're we're feeding the chat.
• 46:54
  But for, for those people that don't know, I've told the story
• 46:58
  before, but before I found Bitcoin, I went to Charles
• 47:01
  Schwab with $250 and they, they literally laughed me out of the
• 47:04
  building and they were like, sorry, it takes $2500 to start
• 47:08
  an account here. That's before Robin Hood.
• 47:10
  That's before, you know, all of the prediction markets are even
• 47:14
  a thing. That's before you can really
• 47:17
  invest basically nothing. That's before Cash App.
• 47:20
  You can buy a dollar of stocks. And now it is, you know, when I,
• 47:26
  when I heard the story, I went down memory lane.
• 47:29
  I'm like, man, I remember that. And here we, here we are full
• 47:33
  circle. It's been about 10 years since
• 47:35
  that happened. And the only thing I can really
• 47:38
  think about again, me being self-centered here, I, I had to
• 47:42
  pat myself on the back. I'm like, dude, I got, I'm
• 47:45
  really glad they denied me 'cause I wouldn't have found
• 47:47
  Bitcoin first and foremost. Second, it took them 10 years to
• 47:52
  catch up to what we're all doing here.
• 47:54
  But I guess you know, better late than never.
• 47:56
  But the allocations I, I was just thinking of, you know, the
• 48:01
  Wolf of Wall Street, Matthew McConaughey meme.
• 48:03
  It's like they got to pump these numbers up.
• 48:05
  If you think it's going to go up 25%, I think it's I, I guess
• 48:08
  annual kegger, you know, on an annualized basis that's probably
• 48:12
  pretty safe bet. But dude, we need to see that
• 48:16
  100%, OK? We need to.
• 48:19
  See the Charles Schwab recommending everyone go all in.
• 48:22
  But again, obviously I'm trolling.
• 48:24
  That's like at what we think that's what we do.
• 48:26
  You know, just average people. They're obviously making
• 48:30
  conservative bets here because they do have financial, you
• 48:34
  know, what's a fiduciary responsibilities and so they
• 48:37
  can't just go full bull charge. But that's besides the point.
• 48:40
  I think the main point here is something that a lot of us
• 48:44
  Bitcoiners and a lot of people in the chat don't really like to
• 48:47
  talk about. They are seeing what we've seen
• 48:52
  a long time ago. The banks are putting their
• 48:54
  stamps of approval on Bitcoin. And I know a lot of us look at
• 48:57
  this story and we're like, I don't really care what the banks
• 49:01
  tell me, I totally get that. But what we are seeing is really
• 49:06
  connected to the idea of us potentially jumping the chasm
• 49:10
  from the early adopters, The Pioneers to the early majority.
• 49:14
  And I think this is the start of the early majority when the
• 49:17
  biggest banks in the world finally come around.
• 49:20
  Actually, someone said in the chat a minute ago, it's like
• 49:22
  what happens after the then they fight you stage, it's the then
• 49:26
  you win stage. Now obviously I think we're
• 49:28
  still in the then they fight you stage.
• 49:30
  But we're starting to see that, hey, the big banks, the big
• 49:34
  hedge funds, the institutional investors, in the face of all of
• 49:39
  the uncertainty in the world, in the face of basically
• 49:42
  potentially not seeing great returns, what are they looking
• 49:46
  towards? They're starting to see that,
• 49:48
  hey, maybe this Bitcoin thing is a viable investment.
• 49:51
  Now, one of the things we usually do with all of our news
• 49:54
  stories on this show is in the hopes that if a random person
• 49:59
  comes on this, that they're not fully sold on Bitcoin, that we
• 50:04
  just give them a bunch of different data points so that
• 50:06
  maybe they start to understand that this Bitcoin thing is
• 50:09
  taking over the world or is going to take over the world.
• 50:12
  Now today we did basically give you 2 headline stories.
• 50:15
  So if someone watches this, maybe they don't like Iran,
• 50:19
  maybe maybe they think, you know, like they're bad guys.
• 50:22
  I don't want them. I, I don't want to touch
• 50:24
  something that the bad guys are touching.
• 50:26
  Totally. I think reasonable response if
• 50:28
  you're just an average person, like if, if you're just watching
• 50:31
  the news, you're seeing this Bitcoin thing.
• 50:33
  What have they been calling Bitcoin forever?
• 50:35
  Like money for criminals and, and stuff now.
• 50:38
  And now it's like, OK, that first news story, maybe that one
• 50:41
  didn't hit. Now we have someone that they're
• 50:43
  probably trading with. They probably have an account
• 50:46
  with basically saying, hey, we think it's going to go up about
• 50:50
  25% a year, the our most bullish case.
• 50:53
  So you should probably invest, what was it, 1 to 25% or 5 to
• 50:59
  25%? It's like, how many more data
• 51:03
  points do people need for them to start to understand that this
• 51:06
  Bitcoin thing isn't going away. It's not going to zero and
• 51:10
  further. It's going to continue to go up.
• 51:12
  But even more so on top of that, it's literally starting to, and
• 51:19
  some people might not like this, incorporate itself with the
• 51:22
  traditional financial system. It's, it's becoming the bedrock
• 51:25
  foundation of finances. It is the neutral settlement,
• 51:30
  geopolitically neutral money of the world.
• 51:32
  It is the neutral money of the world with instant settlement,
• 51:37
  with irreversible payments that is permissionless this year.
• 51:43
  I, I said it a couple of days ago, maybe it's a few weeks ago
• 51:46
  now, but if 2025 was the year that was very lackluster in
• 51:52
  terms of price. We did get a lot of significant
• 51:56
  stepping stones that are setting us up for what can potentially
• 52:00
  be an incredible run 202720282029 to 2030 because all
• 52:06
  the foundations are being built out right now.
• 52:08
  And what are we seeing in 2026? We're at month 4 for the year,
• 52:12
  not even at fully, you know, not even at the end of the fourth
• 52:15
  month. And we're seeing all of the
• 52:18
  biggest institutions starting to unleash Bitcoin products. 2026
• 52:23
  might be the year that we thought 2025 was going to be.
• 52:27
  And I know I saw some people in the chat and they're like, how
• 52:29
  come bitcoins going down with all these big news?
• 52:32
  It's usually pretty simple. There's just probably a lot of
• 52:34
  sellers right now, as we've been covering, there's been, there's
• 52:37
  there's a little bit of tension and pressure going on these
• 52:39
  Bitcoin treasury companies. If the price is going down, even
• 52:43
  in the face of all of the buying, it means that there's
• 52:46
  probably more sellers right now. We we don't have the data to
• 52:49
  pinpoint where that's coming from.
• 52:51
  But once the selling does become fully exhausted, it's like
• 52:57
  Sailor himself is going to be driving this price, let alone
• 53:00
  with all of the other good news. I don't know man, 2026 is
• 53:04
  seeming seemingly going to be end up a very, very good year is
• 53:08
  all I'm going to say, but. 100 percent, 100% we'll see.
• 53:12
  Anyways, guys, I do before we move on, I do want to give a
• 53:17
  huge shout out to our sponsor guys.
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• 53:28
  right now that we're like essentially 45% down, so the
• 53:31
  risk is significantly lower, is you obviously don't want to sell
• 53:36
  your Bitcoin. You don't want to sell it.
• 53:39
  So what happens, can't you? You have this Bitcoin wealth,
• 53:43
  but you can't tap into it. This is where Bitcoin
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  There's no tax implications for that because again, it's a loan,
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  right? This is actually going to Mark
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  Moss's thesis. Like Mark Moss's thesis has been
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  making a lot of content about this, where he's been making the
• 54:06
  case he's like, look, hey, you don't actually, you shouldn't be
• 54:12
  selling your Bitcoin as you retire.
• 54:15
  You should be essentially using your assets to take loans
• 54:21
  against your assets. And that's where you live.
• 54:23
  And by the way, this is what the very wealthy do with companies.
• 54:27
  So like the reason you hear that, like Elon Musk or Jeff
• 54:30
  Bezos doesn't pay taxes, it's because they never actually sell
• 54:34
  their stock in their companies. What they do is they go to a
• 54:37
  bank and they say, hey, could you give me a loan against this
• 54:41
  amount of equity in my company? And then those banks are like,
• 54:44
  sure, I would love to do that. So again, Leaden is a great way
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• 56:00
  All right everybody, let's move on to the next segment.
• 56:02
  We have tons to talk about. We have a clip of the one and
• 56:05
  only Michael Saylor saying the quiet part out loud, saying what
• 56:10
  we've been talking about, the general theme of this show.
• 56:12
  We're going to be right back in just a bit.
• 56:16
  I want to give a shout out to our partner Leadin, the leader
• 56:19
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• 56:22
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• 56:59
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• 58:03
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• 58:04
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  So you definitely don't want to miss that.
• 59:59
  Anywho, let's get to this video. It is a 4 minute video so I
• 1:00:03
  don't know if I'll play the whole thing, but first of all I
• 1:00:07
  want to give a shout out to the content creator.
• 1:00:10
  What Bitcoin did? Peter McCormack, I know it's
• 1:00:12
  with Danny Knowles now, but this is when Peter was hosting the
• 1:00:16
  podcast and this is one of his legendary rips with Michael
• 1:00:23
  Saylor. And maybe Saylor has changed
• 1:00:26
  since then, like his perspective and what not, but I do, I do
• 1:00:33
  find it interesting. Let me know if you guys could
• 1:00:36
  hear it. Once you realize that so many
• 1:00:40
  things you took for granted aren't necessarily so and it and
• 1:00:44
  it and it caused you to open your eyes toward a bunch of
• 1:00:47
  things in the world. Well, there's there's, there's
• 1:00:51
  two responses you could have. One response is not, there's 100
• 1:00:55
  things that are wrong with the world and start to complain
• 1:00:57
  about all hundred of them. And the other response is just
• 1:01:03
  to pick one single thing that you can do that might make a
• 1:01:06
  difference. And, and I'm of the opinion that
• 1:01:13
  I could complain about 100 things in the world that I
• 1:01:15
  disagree with that I would talk about with you privately.
• 1:01:18
  But the world doesn't want my opinion and it doesn't care.
• 1:01:21
  And, and, and those things aren't going to change based
• 1:01:25
  upon me complaining about them. I don't have any real power.
• 1:01:28
  And I, and I also think I'm, I remember the words of, of Hayek,
• 1:01:35
  you know, he says, you know, you want to take money away from the
• 1:01:38
  state. You know, you can't do it.
• 1:01:41
  You know, in a frontal assault, you have to do it in a sly,
• 1:01:44
  roundabout way. So my view is, how do you fight,
• 1:01:51
  you know, something which is so entrenched in the civilization
• 1:01:56
  that the harder you push, the harder it pushes back.
• 1:01:59
  And the answer is you have to end.
• 1:02:01
  You have to introduce a new idea that will go viral.
• 1:02:05
  So, for example, Bitcoin, you know, is a new idea.
• 1:02:14
  You could view it as freedom technology, a freedom virus.
• 1:02:18
  And you can also view it as a monetary virus to give sound
• 1:02:21
  money to the world. So if I want to give freedom and
• 1:02:24
  sovereignty and dignity and empowerment to 8 billion people,
• 1:02:29
  I don't loudly scream that their overlords ought to stop leaning
• 1:02:34
  on them. You know, I'm not going to
• 1:02:37
  topple every government and every corporate over overlord
• 1:02:39
  and everything. So what I do is I introduce a
• 1:02:41
  new technology that spreads virally.
• 1:02:44
  And if I want to give property rights to 8 billion people, I
• 1:02:48
  introduce a new technology. And when you introduce a new
• 1:02:52
  technology, you, there's a right way to do it, a wrong way to do
• 1:02:55
  it. I think when you say you're
• 1:02:58
  wrong, you're stupid. I'm smart.
• 1:03:01
  Do it my way. Change your way, right?
• 1:03:04
  The harder you, the louder you say that, the harder someone
• 1:03:07
  pushes back against you. That's like, that's like
• 1:03:09
  parenting. You create inflammation.
• 1:03:12
  Yeah, right. And, and there are examples in
• 1:03:14
  our political system where certain political parties, their
• 1:03:17
  position is the other party is wrong, we're right, they're
• 1:03:21
  stupid, we're smart, do it our way and give us credit and blame
• 1:03:24
  them, right. And so that that's an
• 1:03:26
  inflammatory approach. I think that you could spend
• 1:03:31
  $100 billion trying to to jam your idea on someone that
• 1:03:35
  doesn't want it. They will just Crowdsource $100
• 1:03:38
  billion of power to push back. And that's called fighting a
• 1:03:42
  war, right? You're just going to war.
• 1:03:44
  I think that the more elegant way is to introduce a new idea.
• 1:03:51
  You know, Bitcoin, what is it good for?
• 1:03:53
  Oh, it'll it'll be good for your family.
• 1:03:56
  What else? It'll be good for your company,
• 1:03:58
  What else? Oh, it'll help your bank.
• 1:04:01
  What else? It'll help your state.
• 1:04:02
  What else? It'll help your city, It'll help
• 1:04:04
  your country. What else?
• 1:04:06
  You know you want to fight a war to help you win the war.
• 1:04:08
  You know you disagree with X. It'll help your political party.
• 1:04:12
  You want to win an election? Will help you win, right?
• 1:04:14
  What? What is Bitcoin?
• 1:04:16
  Bitcoin is is good for you, right?
• 1:04:18
  Bitcoin is empowerment technology that will allow you
• 1:04:22
  to be the best version of yourself.
• 1:04:25
  Who's losing? Nobody's losing.
• 1:04:28
  Who's wrong, Nobody's wrong. Just everybody's just better
• 1:04:32
  with this is better living through technology.
• 1:04:35
  And I, you know, my approach is I think about the one thing that
• 1:04:40
  can make the world a better place.
• 1:04:42
  And I think about the one thing I might accomplish.
• 1:04:44
  Like I, I literally, I don't think micro strategy spent 7 1/2
• 1:04:48
  billion dollars buying Bitcoin. I don't think that if we spent 7
• 1:04:53
  1/2 billion dollars on the next 100 things you think are wrong
• 1:04:57
  with the world, I don't think it would make a difference.
• 1:05:00
  I think that you would just spend the money and the counter
• 1:05:03
  side, the other opposition would spend an equivalent amount of
• 1:05:07
  money to negate the amount of money you're spending.
• 1:05:10
  So I don't think you change the world through full frontal
• 1:05:13
  attacks and I don't think you change it through aggressive
• 1:05:16
  confrontation. I think you change it through
• 1:05:19
  elegant diplomatic innovation. I mean, I don't know if the
• 1:05:29
  things have changed. But I would argue differently,
• 1:05:35
  just like watching what we're seeing with Strike, sorry, with
• 1:05:37
  Stretch, he basically did exactly what he, what he said he
• 1:05:42
  was going to do in, in that, in that clip.
• 1:05:44
  It's just a little different because if what we're seeing
• 1:05:48
  happened with Stretch right now. And then I was trying to find
• 1:05:50
  the numbers for you guys for what what we're seeing happen.
• 1:05:54
  But literally, I, I, I don't have the numbers off the top of
• 1:05:57
  my head right now, but we saw in the 1st 45 minutes of the market
• 1:06:00
  open today and we saw it yesterday as well.
• 1:06:02
  And we've seen it for the last couple of weeks.
• 1:06:06
  The stretch product is literally doing exactly what he said.
• 1:06:09
  It's it's such a good product that it's going viral.
• 1:06:13
  And the amount of capital that it's attracting right now, the
• 1:06:16
  amount of Bitcoin that just the stretch product alone is
• 1:06:19
  acquiring or being able to buy Bitcoin with is it's literally
• 1:06:24
  doing what he said. You introduce a an idea that is
• 1:06:27
  so good that it's going viral. And I don't think anything has
• 1:06:31
  really changed. I just think like Saylor
• 1:06:35
  obviously realizing the power of Bitcoin and just sitting,
• 1:06:42
  sitting in his throne in the in his mansion is just thinking of
• 1:06:45
  the best products and how do I tap into all of these different
• 1:06:48
  liquidity pools. And I think he's finally found
• 1:06:51
  the one that is really going to be like the product that
• 1:06:54
  everyone's going to want to follow, or rather that
• 1:06:58
  everyone's going to be attracted to.
• 1:07:00
  They made the stream private on YouTube.
• 1:07:03
  Really. Yeah, rip your YouTube feed.
• 1:07:11
  Just cut RIP. We just made it public again.
• 1:07:17
  Oh man, here we go again. Anyways, let's keep the show
• 1:07:28
  going. Let's move on to the culture,
• 1:07:31
  shall we? Yes.
• 1:07:39
  I want to give a shout out to our partner Hive Digital
• 1:07:42
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  performance. At Hive, you've got dual
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  unison. They're lean and mean, they're
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  Digital Tech dot. Com Wow, we were on a roll
• 1:08:22
  there. We were on a roll.
• 1:08:24
  We were on a roll. It's all good.
• 1:08:26
  We still got some people coming back.
• 1:08:29
  We'll be all right. We'll be all right.
• 1:08:30
  Anyways, guys, I do want to update you guys on the Morgan
• 1:08:34
  Stanley ETF. As we covered on yesterday's
• 1:08:37
  show, it's officially launched today.
• 1:08:39
  It's officially live on the New York Stock Exchange and it
• 1:08:43
  really adds to what I was just saying before, before we
• 1:08:47
  realized what happened. The amount of interest coming
• 1:08:51
  into Bitcoin right now is at levels that we've never seen
• 1:08:55
  before. And, and I know there's been a
• 1:08:56
  lot of pushback from the community from, you know, the
• 1:08:59
  more hardcore, maybe cypherpunk leaning Bitcoiners.
• 1:09:04
  It's basically like the matrix meme, you know, like not like
• 1:09:06
  this, you know, that one seemed like not like this.
• 1:09:10
  But I think if you really have thought out where and how
• 1:09:16
  Bitcoin was going to revolutionize the world, then it
• 1:09:20
  had to become financialized. It had to get integrated into
• 1:09:23
  the financial system or else it's, it wasn't going to be the
• 1:09:27
  world reserve currency or the world's neutral money.
• 1:09:30
  And we're starting to see that this is happening now in 2026.
• 1:09:34
  We've been in Bitcoin for, you know, many years now.
• 1:09:38
  And in previous bear markets, the rumors, the the speculation,
• 1:09:43
  the one thing that many people can basically rest their hopes
• 1:09:48
  on was this idea that institutions were coming. 2024,
• 1:09:52
  it officially unlocked the institutions. 2025, we saw, you
• 1:09:58
  know, pretty good interest. We finally saw the banks being
• 1:10:01
  allowed to get in. Now it seems that 2026, we're
• 1:10:05
  seeing a snowball effect right now.
• 1:10:07
  And one of those data points is what we're seeing from Morgan
• 1:10:10
  Stanley. Again, the 1st U.S. bank to
• 1:10:12
  launch an ETF. It's not just a hedge fund, It's
• 1:10:15
  not just them being an authorized participant to an
• 1:10:19
  ETF. They have taken upon themselves
• 1:10:23
  to launch their own ETF. And as we covered yesterday,
• 1:10:26
  Morgan Stanley holds about high on the higher level about $6
• 1:10:30
  trillion of clients assets. They're recommending about 1 to
• 1:10:33
  4% allocations in the Bitcoin. They have 16,000 advisors now
• 1:10:37
  literally today basically on the phone telling their client, hey,
• 1:10:42
  you need to get some Bitcoin and particularly obviously you need
• 1:10:45
  to buy the Morgan Stanley ETF. It's going to be very
• 1:10:47
  profitable. Well, we have the numbers, at
• 1:10:50
  least so far. You know, the trading day, we
• 1:10:53
  still have about 3 hours left, so this hasn't been updated.
• 1:10:55
  I'm sure the numbers will, the final numbers will be bigger
• 1:10:58
  than this. But here is the numbers being
• 1:11:03
  shared by Eric Balkunis. And this was at noon, so about
• 1:11:07
  two hours ago, an hour and a half ago.
• 1:11:09
  So we can only expect that these are higher.
• 1:11:11
  Here's Eric Balkunis. He goes trading day is half
• 1:11:14
  over. At this point, we don't have an
• 1:11:16
  update. I did check his Twitter, we
• 1:11:17
  don't have an update on this, but trading day is half over.
• 1:11:21
  And the Morgan Stanley Bitcoin Trust is at $27 million in
• 1:11:26
  volume. So it's definitely going to
• 1:11:28
  clear that $30 million estimate probably end up around $50
• 1:11:33
  million on its first day, which is huge top 1% of ETF launches.
• 1:11:40
  If this is not an indicator of just how much interest there
• 1:11:43
  actually is in Bitcoin products, especially when it comes from a
• 1:11:49
  a huge U.S. bank, I think they're like top six bank in the
• 1:11:54
  US, one of the top banks of the world.
• 1:11:59
  If this continues, who knows where this is going to end up
• 1:12:02
  today. It could be, it could be bigger
• 1:12:04
  than the 30 or $50 million speculations, but if this
• 1:12:09
  continues, it continues to snowball.
• 1:12:11
  And as we've all kind of I guess maybe begrudgingly got our got
• 1:12:16
  our heads around, it seems like these ETFs are actually buying
• 1:12:20
  all of this Bitcoin now. There's probably some
• 1:12:22
  technicalities and some details there that let.
• 1:12:25
  Let's, let's, let's cover this on tomorrow's stream.
• 1:12:28
  Seems like we're having some issues on the side.
• 1:12:31
  We're going to wrap it up guys. Love you.
• 1:12:32
  We'll see you guys tomorrow. Today's episode was brought to
• 1:12:35
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:12:38
  mission to enable financial independence.