Latest / Simply Bitcoin / BREAKING: The EUs NEW Plan To FREEZE YOUR Money is SPREADING To The Rest of The World | EP 1373

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BREAKING: The EUs NEW Plan To FREEZE YOUR Money is SPREADING To The Rest of The World | EP 1373 · Simply Bitcoin

• 0:00
  The UK and EU are coming for your money and your bank
• 0:03
  account. It's not hyperbolic whatsoever.
• 0:06
  The European Central Bank just admitted their central bank
• 0:09
  digital currency will have $500 saving limits.
• 0:14
  I mean, that's in stark contrast to the message that we've been
• 0:17
  getting from Christine Lagarde all these months.
• 0:20
  They seem obsessed with it, as if they mentioned the word
• 0:24
  holdings 41 times in the update this week.
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  But this isn't the first time that they've hinted at
• 0:30
  confiscation. And not that they're not the
• 0:33
  only country talking about it either.
• 0:35
  The UK has also been advancing their central bank digital
• 0:39
  currency. This is a worldwide phenomenon,
• 0:42
  and that will also have a holding limit.
• 0:45
  We have a lot to talk about today, but let's start today's
• 0:49
  deep dive with this most recent clip from the head of the
• 0:52
  European Central Bank, Christine Lagarde.
• 0:55
  Let's check it out. Hello, I have good news for you
• 0:59
  on the digital euro front today. The Governing Council has
• 1:03
  decided to move ahead on the next and final phase of the
• 1:09
  preparatory work for the digital euro.
• 1:13
  The other good news is that on October 23rd, the European
• 1:16
  Council has asked us and all those involved to accelerate the
• 1:21
  process so that we can roll out the digital euro as early as
• 1:25
  possible. This is important because as
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  much as banknotes will continue to circulate, we want cash to be
• 1:35
  in the form of digital euro as well, so that you can circulate
• 1:38
  banknotes and click cash with the digital euro.
• 1:43
  More work is going to be done in the next few months and if we
• 1:47
  receive the approval by the European Parliament in the
• 1:51
  course of 26, we'll be able to pilot the digital euro as of 27.
• 1:57
  And if the pilot is conclusive and positive, it will be a
• 2:00
  formal roll out in the whole of Europe in 2029.
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  This is a big project because the euro is our currency, your
• 2:09
  currency. It brings us together.
• 2:11
  It's a symbol of trust in our common destiny.
• 2:13
  So off we go with the digital euro in that next and final
• 2:18
  phase of the preparation. So that is one of the most
• 2:22
  dystopian things I've ever seen. And it's very important to pay
• 2:26
  attention to the narrative in the framing that she's using,
• 2:28
  right? She's making it seem like this
• 2:30
  is good news. This is your money, this is
• 2:33
  great for Europe, this is fantastic.
• 2:36
  But if you take a look at the details, it tells a very
• 2:39
  different story, right? So let's take a look at some of
• 2:43
  their own, you know, their own language.
• 2:46
  And shout out to our boy Luke Mikic, who covered this the
• 2:49
  other day. Digital euro holding limits in a
• 2:52
  range identified in the request, namely from €500 to €300 per
• 2:59
  individual yeah, if you all do, if you do a search on the page
• 3:03
  itself, it's the holding limit term is mentioned 41 times.
• 3:10
  So let me get this straight, you work for money, you spend time
• 3:15
  away from your family, you have the 9:00 to 5:00, you grind, you
• 3:20
  put your head down, you get to work, you pay the taxes on that
• 3:24
  money, But also with the CBD CS, now they're getting to say how
• 3:31
  much money you can hold. And I think down the line, it's
• 3:34
  very obvious what you can and what you cannot do with that
• 3:38
  money. I mean, if that is the not the
• 3:42
  one of the most dystopian things, I don't know what is.
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  And then the question that I have for you guys is what
• 3:49
  problem does this solve? A government is supposed to
• 3:53
  represent your needs. It's supposed to represent, you
• 3:56
  know, it's supposed to better your life.
• 3:58
  That's the whole point, right? But all I'm seeing here is a
• 4:02
  quest for power and control. And again, if you take a look at
• 4:07
  the videos, none of that is mentioned.
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  It's mentioned in the very TikTok type fashion like this is
• 4:14
  great news. This is excellent.
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  We want your input and this is this is your money to use her
• 4:21
  words. But they never mentioned the
• 4:23
  fine details. They never mentioned the fine
• 4:25
  print, so it continues to say in this other Reuters article, it's
• 4:32
  not only in Europe that there's going to be this cap also in the
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  United Kingdom. Britain's face 20,000 digital #
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  cap under Bank of England # plan Britain's would be limited to
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  20,000 digital pounds each if the country goes ahead with a
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  digital currency, Bank of England Deputy Governor John
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  Cunliffe said on Tuesday. Britain's government said on
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  Monday that that it and the BOE were pressing on with work on a
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  positive digital on a possible digital pound that was likely to
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  enter circulation in the second-half of this decade and
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  be held in a wallet provided by banks.
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  Although no final decision has been made, we propose a limit
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  between 10,000 lbs and 20,000 lbs per individual as the
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  appropriate balance between managing risks and supporting
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  wide usability. Of the digital pounds, a limit
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  of £10,000 would mean that 3/4 of people could receive their
• 5:36
  pay in digital pounds, as well as holding pre-existing balances
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  in the same amount. While a 20,000 LB limit would
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  all allow almost everyone to use digital pounds for day-to-day
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  transactions, money above the cap would be swept into a
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  customer's commercial bank account.
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  Given that, a digital pound would not be a means for storing
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  wealth. I mean like that last part is
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  insanity. So OK, hold on, let's let's
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  connect the dots here for a second.
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  So just because the pounds are swept to a bank, that doesn't
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  solve the inflation thing. That doesn't solve the inflation
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  issue whatsoever at all. Zero.
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  What I think is happening is that this is a reaction to the
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  popularity of stable coins, which is happening worldwide.
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  People are are are adopting specifically digital dollars be
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  a Tether and Circle and all the other stable coins, specifically
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  Tether. And this is a reaction to it.
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  But the way that I'm interpreting this is this is a
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  problem seeking a solution like this.
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  This this wasn't this isn't meant to better your life like
• 7:03
  they're pitching it to you like it's going to make your life
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  better. But then none of the videos and
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  all the happy talk because that's what we've been hearing.
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  We don't hear any of the caps, we don't hear any of the
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  regulations. And and if you're in the United
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  Kingdom, like at least here in the United States, there are so
• 7:22
  many means of payment, whether that's Zelle, Cash App, PayPal.
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  So again, what is the necessity for a central bank digital
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  currency? I don't see one for a for a
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  person. I don't see one for an
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  individual. I don't see one now for a
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  government, for a politician. I do see one because you keep
• 7:45
  people within the system. And then that leads me to again,
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  this is a must read book if you're a bitcoiner at this
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  point. The book The Sovereign
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  Individual and I think it perfectly laid out why these
• 7:59
  things were going to happen and how they're happening.
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  So new technologies will allow the this is, mind you, this is
• 8:06
  written in 19 in the 1990s, new technologies will allow the
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  holders of wealth to bypass the national monopolies that have
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  issued in regular regulated money in the modern period.
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  Their importance for controlling the world's wealth will be
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  transcended by mathematical algorithms that have no physical
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  existence. In the new Millennium, cyber
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  money controlled by private markets will supersede Fiat
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  money issued by governments, It continues to say.
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  Lacking their accustomed scope to tax and inflate, government,
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  even in traditionally civil countries, will turn nasty as
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  income tax becomes uncollectible.
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  And of course, I'm talking about the Fiat tax, right?
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  The inflation tax. Older, more arbitrary methods of
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  extraction will resurface. Now connect the dots, right?
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  Rodger Ver. He gave up his citizenship and a
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  couple years later he was arrested for, you know, they
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  said that he owed taxes and he ended up settling, right?
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  I think it was like a $48 million settlement.
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  But again, you're, you're, you're seeing the parallels,
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  right? What happened to Arthur Hayes?
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  What happened to CZ, right? This is what this is what we're
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  talking about is it's they're going after the entrepreneurs
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  that are building the rails and the mechanisms for people to use
• 9:28
  alternatives to Fiat money. And I think that is the main
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  motivation as to why roll out these central bank digital
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  currencies as fast as they're doing.
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  The ultimate form of withholding tax, the de facto or even overt
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  hostage taking will be introduced by governments
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  desperate to prevent wealth from escaping beyond their reach.
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  Unlucky individuals will find themselves singled out and held
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  to ransom, and in almost medieval fashion, businesses
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  that offer services that facilitate the realization of
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  autonomy by individuals will be subject to infiltration,
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  sabotage, and disruption. This is coming on the heels of
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  the samurai wallet developers getting five years in prison for
• 10:19
  developing a privacy tool. So this is where we are in the
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  movie, ladies and gentlemen. And again, more proof, more more
• 10:28
  more evidence to pack the back this up, back this case up.
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  This just broke couple days ago. France advances tax proposal
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  targeting crypto as quote, unproductive wealth.
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  So as long as you have 100,000, you know, maybe €1000 in your
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  bank account and it's being taxed via inflation, I guess
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  that's productive wealth. But as long as your money is in
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  quote UN quote crypto, the government of the, the Senate of
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  Franks, France is calling it unproductive wealth.
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  It goes on to say France has moved a step closer to taxing
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  cryptocurrency holdings as part of a sweeping reform of its
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  wealth tax system after lawmakers approved a
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  controversial amendment labeling digital assets as as
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  unproductive wealth. The.
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  The proposal, however, must still pass through the Senate
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  and the rest of the parliamentary process before
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  becoming law. The amendment will replace
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  France's existing. I can't pronounce that IFI the
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  real estate wealth tax with a broader IFI 2 point O or tax on
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  unproductive wealth. On the reform, the scope of
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  taxable assets would expand beyond real estate to include a
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  range of items views as economically inactive or non
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  productive. These include luxury goods such
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  as yachts, private jets, jewelry, collectible art and,
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  for the first time, digital assets like Bitcoin or other
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  cryptocurrencies. The amendment raises the tax
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  threshold from 1.3 million euros to €2 million and replaces the
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  current progressive rates .5 to 1.5% with a flat rate of 1% on
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  the proportion of net assets exceeding that threshold.
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  Gold coins, classic cars, yachts, and works of art are
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  excluded from the current tax base, yet they represent forms
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  of wealth that do not create jobs or innovation.
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  This reform corrects that inconsistency.
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  I mean, I read you the passage from the sovereign individual.
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  Like This is why this is happening, right?
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  To use Christine Lagarde's own words, Bitcoin is an escape
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  valve, an escape hatch. And the reaction to it is,
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  rather than adjusting the reaction to it, is more
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  coercion, right? Trying to coerce you to keep you
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  within the current system. So I mean, not surprising at
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  all. We've been calling it for years.
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  I've been saying that, you know, we're, we're entering into this
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  era in human history where we are living through, you know, we
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  just lived through the disintermediation of information
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  in the state. You saw that with the rise of
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  social media and how independent media is now the mainstream
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  media. I would say more people are
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  getting their information from the Joe Rogan podcast and
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  corporate media, and the veil of corporate media has been lifted.
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  You don't really trust what they have to say anymore.
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  They might be in a very fancy studio, you know, with a suit
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  and with a tie. But the information that they're
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  saying, I think what we've learned over the last 10 years
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  doesn't really align with reality a lot of the time.
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  You know, it's part of the reasons that simply Bitcoin blew
• 14:09
  up in, in the early, in the early years when Bitcoin wasn't
• 14:13
  a stable coin, it was because Opti and I ran into this.
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  We were like, dude, like we're kind of more accurate than
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  corporate media. And that didn't make sense to
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  us. So over the last 10 years,
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  there's been this great distance remediation, which again the
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  book The Sovereign Individual talks about where people are
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  seeking in the information, doing the critical thinking and
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  they're not going to the mainstream approved sources,
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  they're going to their favorite independent content creators.
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  And that trend is going to continue to accelerate.
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  Now the distance remediation that's to come that I think is
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  going to be much more tumultuous is the distance remediation of
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  money. And I think that's where we're
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  in the early innings of just that.
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  And you guys have to understand that the state has had a
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  monopoly on money for ever since, for a very, very long
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  time in human history. So what happens when for the
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  first time ever in human history, there's the money that
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  can exist, that is uncorruptible, that is
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  censorship resistant, that has rules without the necessity of
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  having rulers. The rulers have to justify why
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  they should rule. And that's exactly what central
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  bank digital currencies are. So my statement to you guys is
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  compare and contrast the two systems.
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  Rather than just listening to what they have to say, rather
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  than just taking their happy talk, their videos at face
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  value, actually compare and contrast the two systems.
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  CBDCS are obfuscated. You can't audit the central
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  bank. You can't create more CBDCS.
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  They have controls, they have limits, they have arbitrary
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  rules that bureaucrats set. And you compare that with a free
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  open monetary network that has a cap supply is completely
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  audible. You can audit it at any time.
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  It's completely transparent and there are no rules.
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  You can transact with anybody freely.
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  And in my opinion, I think that's going to free the world
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  because right now if you're a Venezuelan for someone in
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  Afghanistan, and I'm, I'm not talking about the politically
• 16:45
  compromised people, I'm talking about the everyday person in
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  those countries. You have no mechanism to
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  interact with the global economy, and that is because of
• 17:00
  those limits and rules that those bureaucrats put in place.
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  So, yeah, this is the future that we have ahead.
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  And I think you guys have to really, you know, understand
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  what's at stake here. And I don't think I'm being
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  hyperbolic when I say the freedom of humanity is at stake
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  and we have a fork in the road and we have to decide which
• 17:28
  route we want to take. Do we want to take the route of
• 17:31
  freedom or do we want to take the route of slavery?
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  Because that's exactly what central bank digital currencies
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  will enable. And they're already telling you
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  they can't help themselves, they have to control it.
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  Because if you had a choice, you would obviously pick better
• 17:51
  money. So they want to take that choice
• 17:53
  away from you. And you know, I'm thinking about
• 17:59
  it more and more. You work, you get taxed, and now
• 18:08
  they get to decide what you can do with the labor that you put
• 18:14
  in. Because that's really what it
• 18:16
  is. They're getting to dictate what
• 18:18
  you can do with your labor. You, you spend all this time
• 18:22
  accumulating, you know, this money, this wealth for what if
• 18:29
  there is these arbitrary limits that who sets, who do they
• 18:32
  protect? I think that's the better
• 18:34
  question. Who do they protect?
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  Do they protect you or do they protect them?
• 18:41
  And I think that's the big question.
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  And I think that's the thing that Bitcoin exposes.
• 18:47
  I think Bitcoin takes away the curtain, reveals the curtain.
• 18:54
  You could look behind the curtain.
• 18:57
  I think that's really why they don't like Bitcoin, because it
• 19:00
  proves that you can have an open monetary network that doesn't
• 19:04
  require a government for it to run.
• 19:07
  And not only does it prove that, it proves that it's better money
• 19:10
  in the 1st place. So I understand Christine
• 19:15
  Lagarde coming out and saying, hey, guys, I have good news.
• 19:19
  The digital euro is moving forward.
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  I understand where she's coming from.
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  She's coming from a place of fear.
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  And that's what central bank digital currencies, that's where
• 19:29
  they're coming from. They're coming from places of
• 19:31
  fear ultimately. So you have a choice as an
• 19:36
  individual to become a sovereign individual or you have a choice
• 19:42
  to be a captured individual. Because make no mistake, if you
• 19:47
  live your life on a central bank digital currency standard, not
• 19:52
  only will you be consistently progressively getting poorer due
• 19:55
  to inflation, you're going to be a slave as well.
• 20:01
  Put, to put it bluntly, like that's what it is.
• 20:04
  And a lot of these countries are now setting up exit taxes.
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  A lot of these countries, you know, what do you think they're
• 20:13
  going to be? Happy with you saying, hey, you
• 20:18
  know what, Like, I love my country, I love this country,
• 20:22
  this is great. But you know, Florida's looking
• 20:26
  awfully nice right now, or Dubai's looking awfully nice
• 20:30
  right now, or El Salvador's looking awfully nice right now.
• 20:34
  Do you think they're going to be just OK with you just saying,
• 20:37
  all right, peace, bro, I'll talk to you later.
• 20:39
  Do you think they're going to be OK with that?
• 20:41
  That's a question that I have for you guys.
• 20:45
  Of course not, right? So anyhow, I just wanted to
• 20:49
  leave it up there. I didn't want to make the Friday
• 20:51
  show all doom and gloom, bro, but you know, it is it is a
• 20:56
  pretty intense topic. What do you think, Opti?
• 20:59
  Yeah. Well, First off, I think you
• 21:01
  asked a very important question. And I know for us, we we're
• 21:05
  constantly in this maybe an echo Chamber of what's going on.
• 21:10
  But when you listen to what the, you know, officials, the
• 21:13
  institutions are saying and you kind of break it down and you
• 21:17
  read between the lines. The question that Nico asked I
• 21:20
  think is the most important question that most people
• 21:22
  probably don't ask themselves. And it's who is this actually
• 21:25
  benefiting? When they talk about the CBDC
• 21:29
  and how much you need it and how much it's going to update the
• 21:31
  system, they always say kind of a similar thing like this is for
• 21:36
  your benefit. But in reality, if you
• 21:39
  understand their game plan where they want this to go, the end
• 21:42
  goal, you understand this is for their benefit, this is to
• 21:45
  protect themselves. This is about total control.
• 21:48
  And of course, before I get to the solution, I think kind of
• 21:51
  expanding on the problem a little more is where most people
• 21:55
  need to maybe do just some critical thinking on it.
• 21:58
  If you listen to what she's saying, a lot of the stuff that
• 22:01
  she said is essentially if you give us your money in the bank,
• 22:04
  it is no longer your money and we can do whatever we want with
• 22:07
  that money. Now, if you, you're a normal
• 22:10
  free thinking adult, I'm sure you're hearing that.
• 22:13
  And if it maybe maybe you aren't connecting the dots.
• 22:16
  But when you hear that, you should be hearing this idea that
• 22:20
  if I give up control of my money, it is no longer my money
• 22:23
  and they think that they can do whatever they want with that
• 22:25
  money. Now, personally, that terrifies
• 22:28
  me. It makes me angry.
• 22:29
  It it's absolutely ridiculous that the people in power
• 22:33
  currently, of course, at central banks and and many politicians
• 22:36
  think that, hey, you're essentially too dumb to do
• 22:39
  anything with your money and we have the right to do whatever we
• 22:42
  want with your money. Personally, This is why I view
• 22:47
  everything going on. And I think this is where we
• 22:49
  have this maybe unique land. It's probably, you know, similar
• 22:53
  to everyone in the chat. But if you talk to a normal
• 22:56
  person, they don't even get this connection.
• 22:58
  They don't even ask themselves this ideas like, oh OK, so when
• 23:01
  my money goes to the bank, it's no longer my money.
• 23:04
  That should literally wake most people up, but they don't even
• 23:08
  get that far. And then the second part that is
• 23:10
  even crazier to me is limiting your wealth.
• 23:13
  They're going to do a 500 or 300,000 LB or euro cap on it or
• 23:18
  A20K pound cap on it. And from a kind of like working
• 23:24
  class perspective, all I'm hearing is like, wait, you're
• 23:27
  literally not going to let me build wealth.
• 23:30
  You want me to go into a digital euro or a digital # system and
• 23:34
  you're going to cap my wealth because I can't hold more than
• 23:38
  20 K or I can't hold more than 50,000 or $500 in saving or
• 23:43
  $3000 in savings. It's like, what kind of world
• 23:46
  are we talking about here that's it's worse than serfdom?
• 23:49
  It's like a digital totalitarian, authoritarian
• 23:52
  serfdom. And they are trying to persuade
• 23:57
  us in this view that this is actually good for you, this is
• 24:00
  good for you. You shouldn't be able to save
• 24:01
  any money. You know, all these really rich
• 24:03
  people, these billionaires, they're evil people.
• 24:05
  We should tax them. And hey, also we're going to tax
• 24:08
  you. Or rather, we're going to do
• 24:10
  something even worse, worse, basically seize your property so
• 24:13
  that you can't have any money ever.
• 24:16
  It's, it's absolutely insane. And that's the framing you
• 24:19
  should be hearing when you hear them say, we're going to make
• 24:22
  programmable money. The CBDC is going to be good for
• 24:24
  you. Oh, we're going to cap your
• 24:25
  savings. What they're really saying is,
• 24:27
  hey, we have the right to steal from you.
• 24:30
  You don't have the right to save money.
• 24:32
  You don't have the right to save.
• 24:33
  Well, we know what's best for you.
• 24:36
  We will do whatever we want with this money.
• 24:37
  You have no, no opinion on this matter because trust us, this is
• 24:42
  going to benefit your life. This is moving us into the 21st
• 24:45
  century. When I hear that it literally
• 24:48
  makes my butt blood boil. It makes me so angry to hear
• 24:51
  people say, Hey, you don't have a right to build wealth and get
• 24:56
  yourself out of the position that you're in, because the only
• 24:58
  way you're actually going to change your life is by building
• 25:02
  some capital. I, I, I think that's like
• 25:05
  literally the only thing that you can do 1 build your skills
• 25:08
  up so that you can get more capital and then be able to save
• 25:11
  and maintain and usher in that capital for the foreseeable
• 25:14
  future. And if they're telling you you
• 25:16
  cannot save money, that hey, actually, we're going to have to
• 25:19
  freeze your savings account. Actually, we're going to have to
• 25:22
  take control of your money. All that hard work, all that
• 25:25
  blood, sweat and tears, literally your precious time
• 25:29
  that you spent so that you can survive, so that you can pay,
• 25:31
  pay for your family. Well, guess what, guys?
• 25:34
  We're going to cap that at a certain point because you, you,
• 25:36
  you, you, you, you don't deserve that.
• 25:38
  You can't actually save your wealth anymore.
• 25:41
  And the fact that they're trying to frame this as this is going
• 25:45
  to be a benefit to you, me, your parents, your aunts and uncles,
• 25:50
  your family. It really, it really is like a
• 25:56
  not only nefarious but just disgusting kind of worldview
• 26:00
  where it's like, hey, you know, I really, I don't even view you
• 26:03
  as a human. You can't save any money.
• 26:05
  Like we're going to take this money from you.
• 26:07
  Shut up, take it like it's no concern to me if you're not
• 26:11
  saying what, what we want you to say, if you're not doing what we
• 26:14
  want to, to do, we will literally cut you off from your
• 26:17
  own money, from your own time, from your own labor.
• 26:20
  And, and honestly, it, it's, it's just disgusting.
• 26:23
  It makes me so mad to hear this. And, and This is why I you know
• 26:27
  where what we do. This is why we do what we do
• 26:29
  because we've seen the narratives, we've seen the the
• 26:33
  projections, we've seen them Telegraph where they want to go
• 26:37
  and then they're playing the social media game of trying to
• 26:40
  spin the narrative so that you will accept your own servitude
• 26:44
  like this should make everyone really, really mad.
• 26:48
  But I think a lot of people are just too busy with their
• 26:50
  day-to-day lives. You know, a lot of people are
• 26:52
  struggling right now. Things are more expensive than
• 26:54
  ever. Things are getting worse than
• 26:56
  ever. And when you hear them say stuff
• 26:58
  like this, it only it always makes me think of one thing as
• 27:02
  these nation states have more trouble to stay solvent, as as
• 27:06
  they kind of people wake up to the idea that most nation states
• 27:10
  are actually broke and bankrupt, They're telling you exactly what
• 27:14
  they're going to do. Hey, we are actually, you know,
• 27:16
  we have no money. So we're just going to take your
• 27:19
  money so that we can continue the game going like one.
• 27:23
  I I don't even like to use the terms like fair, but like, it's
• 27:27
  disgusting. It's absolutely evil, nefarious
• 27:30
  and horrible. And look, I'm not even trying to
• 27:32
  paint this in like a like an emotional kind of plea, but it's
• 27:36
  just like, this stuff should get you very upset that they're so
• 27:40
  blatantly telling you, yeah, we were literally going to steal
• 27:43
  your property. It's insane.
• 27:45
  Like it's absolutely insane that they're trying to write
• 27:49
  legislation to steal from you. These people are supposed to
• 27:52
  work for us. I know the ECB and central banks
• 27:55
  are private institutions, but they come out here and they,
• 27:59
  they have this like holier than thou pretentious like we are,
• 28:03
  you know, public servants. Oh, but guess what?
• 28:06
  We're going to steal from you and you're just going to have to
• 28:08
  take it. Like it's, it's absolutely
• 28:10
  insane. It blows my mind that people can
• 28:12
  fall for this. It I mean, it's just nuts that
• 28:14
  this is where we are. And of course, from our
• 28:17
  perspective, like there's really only one solution and that is
• 28:21
  saving and something that they can't do this with.
• 28:24
  That's why we are so hardcore about this idea that, look,
• 28:29
  they're telling you what they want to do.
• 28:32
  They want to turn or, quote UN quote, turn the dollar or the
• 28:36
  pound or the euro. They want to turn physical cash
• 28:39
  into digital cash. Now, they don't really tell you
• 28:42
  that cash is already basically digital.
• 28:44
  Yeah, you can, you know, hold some physical cash.
• 28:47
  They've been telling you they're going to do away with physical
• 28:49
  cash, but they're also telling you, hey, we need to update this
• 28:53
  system so that we can actually control this better so that we
• 28:58
  can take more from you so that you literally have no hope of
• 29:02
  ever escaping the system that they're trying to implement on
• 29:05
  you. It's absolutely insane.
• 29:08
  Like these people, I, I know I'm on YouTube and I, I'm, I'm
• 29:11
  getting fired up. I'm get, I'm the solutions, some
• 29:16
  of them and I'm, I'm not a, you know, I'm not, I'm, I'm really a
• 29:18
  chill person. But if we didn't have Bitcoin,
• 29:24
  the solution would be horrendous to say the least.
• 29:27
  And we, we don't want to see that get to this point or get to
• 29:31
  that point. But things are like, this is
• 29:35
  absolutely nuts. The fact that they're out here
• 29:37
  saying this stuff publicly is just absolutely insane to me.
• 29:42
  It really blows my mind that most people do not see the
• 29:45
  problem with this. Like she should just.
• 29:47
  She should be getting ratioed on on Twitter.
• 29:50
  She should just be getting demolished in the comments
• 29:53
  because no one should agree to this at all.
• 29:56
  I am I'm totally surprised that the European nations that rather
• 30:01
  the citizens of these European nations, the citizens of UK are
• 30:06
  just asleep at the wheel, docile and OK with this.
• 30:09
  Like if if we heard, I heard this happen here, I think it
• 30:13
  would be absolutely insane. Even though people don't fully
• 30:16
  understand the solutions, just the fact that they're proposing
• 30:19
  this is absolutely ludicrous. Yeah, 100%.
• 30:22
  I mean, dude, it's, you know, it's dystopian.
• 30:25
  It's dystopian. It's like a level of control.
• 30:29
  You're giving a level of control that I don't think any anybody
• 30:32
  should have, right. Like that's the, that's the core
• 30:35
  concept. And again, like I, I, I don't,
• 30:37
  I, I just don't see this as something that society needs.
• 30:42
  Like it, it doesn't solve anything, right?
• 30:45
  It doesn't solve the key. Look, the key problem with money
• 30:49
  is that it inflates. That's my opinion.
• 30:52
  That's my opinion as a bitcoiner.
• 30:55
  It inflates so you lose your purchasing power.
• 30:58
  That's like literally the money is broken and it's horrible.
• 31:01
  The, the, the, the, the consequences of broken money.
• 31:04
  Like we can spend another 30 a 30 minutes talking about that
• 31:09
  central bank digital currencies don't fix that problem.
• 31:14
  They don't fix that problem. They don't.
• 31:17
  And, and look, and the market I think has determined too that
• 31:20
  people do want dollars. They do want forms of of digital
• 31:24
  Fiat. I think stable the the adoption
• 31:27
  of stable coins indicate that. But again, that's not a
• 31:30
  government run solution. That was a solution invented by
• 31:34
  the by by the private sector. And I don't think a European
• 31:40
  CBDC that is developed by a bureaucracy is going to be able
• 31:46
  to be, is going to be able to compete with something that was
• 31:50
  developed by the free, by the private market, right?
• 31:53
  It's, it's, it's, it's, it's as simple as that.
• 31:55
  So again, like, I, I understand, you know, I understand where
• 31:59
  Christine Lagarde is coming from.
• 32:00
  I understand her incentives. But this is the beauty of
• 32:04
  Bitcoin. Bitcoin exposes incentives and I
• 32:06
  think it's exposing that, hey, look like, you know, you won't.
• 32:10
  You're not really working for me.
• 32:13
  Like I pay your salary. I pay your salary through taxes.
• 32:17
  You're not really working for me.
• 32:19
  You're watching out for your own best interests.
• 32:21
  You're not watching out for my best interest.
• 32:24
  And I think that's what Bitcoin exposes and it exposes it for
• 32:27
  the world to see, right. So anyways, guys, it's gonna be
• 32:29
  a fantastic show. If you guys are enjoying today's
• 32:32
  show, make sure to smash that like button.
• 32:34
  You, you guys are listening to simply Bitcoin.
• 32:36
  We, we took a little bit of a different approach today,
• 32:39
  covering a different topic, because you know, what's going
• 32:42
  on is pretty crazy. And you know what?
• 32:44
  By the time most people realize, I think it'll be too little too
• 32:48
  late. So it's better to get ahead of
• 32:50
  the curve, buy yourself some Bitcoin, put it in self custody,
• 32:54
  become a sovereign individual. And that's really how you get
• 32:58
  out of this. That's really how you get out of
• 32:59
  this, right? Because if not, you know, it's
• 33:02
  it's just one they want to take this in One Direction.
• 33:06
  And if you think they're going to let this go, you're naive for
• 33:09
  them. Listen, this is a game of keeps.
• 33:13
  They want to win. This is what you guys have to
• 33:15
  understand, right? Again, read the book The
• 33:18
  Sovereign individual. I think it lays out the case why
• 33:21
  all this is happening, the reasons as to why this is
• 33:24
  happening and how the Internet has completely changed the game.
• 33:29
  And what you're seeing is a reaction to the, the, the, the
• 33:34
  freedom that the Internet gives you.
• 33:36
  And you're seeing again, these very old institutions react to
• 33:41
  that freedom. And you would think a lot of
• 33:43
  these countries are, are democracies.
• 33:46
  A lot of these countries, you know, they say they value
• 33:49
  freedom, you know, but the, the moment rubber, rubber hits the
• 33:53
  road, it's like, oh, you know, actually freedom light.
• 33:57
  We actually like freedom light here.
• 33:59
  We, we don't like actual freedom.
• 34:00
  Freedom light is, is, is actually what, what we're about,
• 34:03
  right? So anyways, guys, this is going
• 34:06
  to continue to heat up. We're going to be covering it
• 34:09
  and you know, through the next decade or so, this is just going
• 34:14
  to be more and more I'm, we've been pretty accurate with our
• 34:18
  predictions here, right? Our our geopolitical
• 34:20
  predictions. I think over the next decade or
• 34:23
  so, you're gonna see this as more and more of a mainstream
• 34:26
  issue. So the midterms are coming up in
• 34:29
  the United States in 2026 and we're gonna be we're gonna do
• 34:33
  it. We're gonna be doing our best to
• 34:34
  give you guys coverage of pro Bitcoin candidates, anti CBDC
• 34:39
  candidates. And again, in the country that
• 34:41
  you're from, I know we have an international audience.
• 34:45
  You know, guys, pay attention because if not, it will be too
• 34:50
  little too late by the time most people notice.
• 34:53
  Anyways, guys, it's going to be a fantastic show.
• 34:55
  We have tons to cover today. We have, we have some
• 34:58
  interesting clips. Kathy Woods lowers her 20-30
• 35:03
  target from a 1.5 to 1.2, so we're going to cover that.
• 35:08
  And then again, we're going to be talking about Trump's
• 35:12
  presidency, how Bitcoin has done, done so far during his
• 35:16
  first term. And I think how they're reacting
• 35:20
  to it because I think this last election that happened this week
• 35:24
  and the blue victories, the massive blue victories really
• 35:28
  was a shot across the bow. Like you saw the Poly market
• 35:31
  odds drop, the percentage, the probability that the Republicans
• 35:35
  will will keep the House. It dropped dramatically dropped
• 35:38
  by like 1560% on the betting odds websites, right?
• 35:42
  So you know, this is this is a wake up call, right?
• 35:45
  I think people want the markets to pump.
• 35:48
  I think people want Bitcoin to pump at the end of the day.
• 35:51
  And that was one of the things that were promised by the by the
• 35:54
  Trump administration. My assessment is I think they're
• 35:57
  finally starting to take that seriously.
• 35:59
  So we have some clips and we have some articles to lay out
• 36:01
  that point. But yeah, it's gonna be a
• 36:03
  fantastic show. It's the Friday show.
• 36:05
  If you guys are enjoying the show so far, make sure to smash
• 36:07
  that like button. If you're watching us on
• 36:09
  YouTube, on Rumble on X, on your favorite podcasting platform,
• 36:14
  smash that like button. Really, really, really helps
• 36:16
  with the algos. Anyways guys, no more delay.
• 36:20
  I do want to give a very special shout out to our lead sponsor
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• 37:14
  All right everybody, let's dive into the show.
• 37:16
  We have tons to cover. We're going to be right back in
• 37:18
  just a bit. I want to give a shout out to
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  our partner Stamp seed. Is your Bitcoin and cold storage
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  se-ed.com store. Alright everybody at the time of
• 38:39
  recording the Bitcoin price is 102 dollars 600 a hundred
• 38:43
  102,000 dollars 620. I said that wrong but you guys
• 38:47
  got the point. Block height 922,637 market cap
• 38:51
  2.05 trillion Bitcoin versus gold market cap 7.23% decline
• 38:57
  from all time high Bitcoins currently at almost a 20% dip.
• 39:03
  People are feeling the pain. They don't understand it's
• 39:06
  November, what's going on? Number is supposed to be going
• 39:10
  up, what's going on, what's going on?
• 39:13
  People don't understand. People are adjusting their price
• 39:16
  targets. The Bitcoin market is humbling
• 39:19
  every single person. This year people had
• 39:22
  expectations for where the price was going to go, but the price
• 39:26
  didn't do what everyone thought it was going to do, which is how
• 39:29
  markets work. I think people under appreciated
• 39:31
  the markets. People had a lot of
• 39:34
  expectations, had a lot of high expectations for Bitcoin this
• 39:37
  year. Clearly you know that that
• 39:40
  hasn't worked out too well. So anyways, here is Kathy Wood
• 39:44
  again adjusting her price target for 20-30 her her bullish price
• 39:50
  target and she gives part of the reasons as to why she was making
• 39:53
  that adjustment. Let's check out the clip.
• 39:56
  Bitcoin down about 16% I think for the month now, past month.
• 40:01
  What one O 2 now one O 3, something like that.
• 40:05
  Where do you think it, where do you think we're going?
• 40:06
  I know you have you have big ambitions for Bitcoin.
• 40:10
  Yes, we do. I will tell say one thing that
• 40:14
  has shifted for us in the last few years.
• 40:18
  Stable coins are usurping part of the role that we thought
• 40:22
  Bitcoin would play. So our bullish forecast out
• 40:25
  there is 1.5 million by 2030. Given what's happening to stable
• 40:30
  coins, which are serving emerging markets in a way that
• 40:33
  we thought Bitcoin would, I think we could take maybe
• 40:38
  $300,000 off of that bullish case just just for stable coins.
• 40:43
  So watch that space. Stable coins are, are scaling
• 40:48
  here, I think much faster than anyone would have been.
• 40:51
  This this is news because this is a.
• 40:54
  This is a different expectation. So again, this is, you know, how
• 41:00
  many price adjustments have been changed over the last week or
• 41:04
  so. I don't know what's going on
• 41:06
  with this camera optic keeps getting out of focus.
• 41:09
  But yeah, I don't I don't know how many expectations have been
• 41:13
  changed over, you know, over the last week or two.
• 41:18
  You know, the markets have a way of of humbling you.
• 41:21
  And again, I think the keyword is expectation.
• 41:24
  I think a lot of people had expectations for, you know, a
• 41:29
  more more more positive, more bullish 2025, especially since
• 41:35
  you have a pro Bitcoin administration going into the
• 41:38
  White House and that that isn't at all what's been happening.
• 41:43
  That isn't at all what's been happening.
• 41:44
  You've had something, you know, completely different happen.
• 41:49
  So yeah, I mean, it's it's quite interesting.
• 41:54
  I think we are in uncharted territory right now that we've
• 41:57
  had basically two of the most bullish months historically have
• 42:02
  been read so far. And you know, some people are
• 42:06
  saying the cycle or the cycle is over.
• 42:08
  Some people are talking about extended cycles and but at the
• 42:13
  end of the day, we shall see. This is uncharted territory.
• 42:15
  Ladies and gentlemen, we don't know.
• 42:17
  We don't know. And I actually like the fact
• 42:19
  that I could say we don't know what's gonna happen with the
• 42:22
  price because all I've been seeing this year is price
• 42:26
  predictions left right here there.
• 42:29
  I even said my own expectations where I thought the price of
• 42:32
  Bitcoin would go. And so far, listen, even the
• 42:36
  most popular, the most well followed, I'm not going to name
• 42:39
  any names. A lot of these people are my
• 42:40
  friends. Everyone has got it
• 42:44
  catastrophically effing wrong this year.
• 42:47
  Just totally wrong, totally wrong.
• 42:50
  And now the expectations are are, you know, are being, you
• 42:54
  know, said a little bit saying, Hey, you know what, calm down,
• 42:59
  calm down, bro, calm down, calm down South Optia.
• 43:02
  I want to get your take. I want to get your opinion, bro,
• 43:04
  because even Kathy Wood, bro, remember we were using that that
• 43:09
  bullish. We were using that bullish
• 43:11
  expectation for a long time on the show.
• 43:15
  Seems like we can't use that title anymore bro.
• 43:18
  No, no, we're all bears now. We're all bears.
• 43:23
  I, I honestly, I think that's kind of the take away, Nico,
• 43:25
  where since we had no clue what's going on this year,
• 43:28
  everyone was completely wrong. I think especially since Kathy
• 43:32
  Wood is like, you know, a big figure.
• 43:35
  She had the company or is the figurehead of a company.
• 43:38
  I think what we're seeing right now is that everyone is
• 43:43
  essentially trying to temper expectations.
• 43:47
  I think people are are, you know, being a little less
• 43:49
  bullish because we saw this year wasn't that good and it is kind
• 43:53
  of like a saving face moment. I, I, I would argue what I do
• 43:58
  kind of agree with her is this, this stablecoin idea.
• 44:02
  It's not something that I really want to see, but it is actually
• 44:05
  happening that stablecoins and, and further, you know, the, the
• 44:09
  Trump administration has been pushing stablecoins.
• 44:11
  They, they want to expand stablecoins.
• 44:13
  It is going to this, this idea that a lot of people are
• 44:18
  adopting stable coins more so than going into Bitcoin.
• 44:22
  I I think there's something to this idea that people are just
• 44:24
  so used to the dollar that they, they like that quote, UN quote
• 44:27
  dollar stability, but they're, they're not doing 2nd order
• 44:30
  thinking and realizing that they're losing value by saving
• 44:33
  in the dollar. And it's, it's an unfortunate
• 44:37
  development, I would say. But if we have anything, you
• 44:41
  know, any kind of power, any kind of influence, and we will
• 44:44
  continue to do this day in and day out.
• 44:46
  We want more people holding Bitcoin.
• 44:48
  So hopefully we can look back on this in what five years and be
• 44:52
  like Kathy Wood was wrong. I think that you know, I I
• 44:56
  forget what the are. You calling for 1.5 million?
• 44:59
  Dollars. I'm calling for more than that
• 45:01
  bro. Wow, I'm calling for more.
• 45:05
  Let's get to 200 K first. I'm with you.
• 45:09
  You know if if we get there before we're 85.
• 45:13
  Not gonna happen. Anyways, guys, we have a
• 45:19
  fantastic show lined up for you guys.
• 45:21
  We still have a ton to talk about.
• 45:23
  There's a Forbes article that dropped talking about, you know,
• 45:27
  what's going on with the Trump administration.
• 45:30
  You know a lot of people had had, you know expectations for
• 45:35
  his presidency. I tell you guys all the time
• 45:38
  when Trump was inaugurated, the price of Bitcoin was $109,000.
• 45:43
  A 1010 to 11 months later, the most pro Bitcoin president ever,
• 45:49
  right? The price of bitcoins at
• 45:50
  $102,000, right. Personally, I was very excited
• 45:54
  for the Trump administration coming in and the end of
• 45:57
  Operation Choke .2 Point O. But simultaneously the most
• 46:01
  important promise that I think the that most people cared about
• 46:05
  was number go up and that obviously hasn't come to
• 46:09
  fruition. So anyways, guys, we're going to
• 46:11
  be talking about all that. We're going to be right back in
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  just a bit. I want to give a shout out to
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  planet earth. Take self custody of your
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  Bitcoin. The literally the entire first
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  segment of this show was a like an indirect message of becoming
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  sovereign and taking self custody of your coins.
• 49:15
  Let's check out this article drop by Forbes.
• 49:19
  And it's interesting. It's almost as if Forbes Watch
• 49:22
  is simply Bitcoin 'cause we did go.
• 49:25
  Ham dude. Our boy Billy Bambaugh for sure.
• 49:27
  Watch. We we did go ham a couple days
• 49:29
  ago talking about this topic. Forbes the headline Trump bet
• 49:33
  big on Bitcoin. His timing couldn't have been
• 49:36
  worse. Donald Trump, the crypto skeptic
• 49:40
  termed chief crypto advocate, became one of the world's
• 49:43
  biggest Bitcoin investors this summer when his Trump Media and
• 49:47
  Technology Group purchased $2 billion of the cryptocurrency on
• 49:51
  stage at Bitcoin conference in Las Vegas, one day after news of
• 49:56
  the plan became public, first son Donald Trump Junior couldn't
• 49:59
  help but gloat. I think you saw all the
• 50:02
  announcement yesterday, he said, his voice raising like a
• 50:06
  politician anticipating applause.
• 50:08
  We're very long crypto. I mean, it's a huge part of
• 50:11
  everything we do right now. The price of Bitcoin has jumped
• 50:14
  57% in a year. Don Junior predicted it would
• 50:18
  increase about 35 to 60% more in the year to come.
• 50:22
  Next to him on stage, his brother Eric foresaw a 55% jump.
• 50:26
  1/2 year later, those calls look like signs of an overheated
• 50:30
  market from the tribe. Trump media purchased his pile
• 50:33
  of Bitcoin in July. The cryptocurrency is down an
• 50:37
  estimated 12%. The president, in turns out got
• 50:41
  in at the top or pretty close to it.
• 50:44
  Volatility is inherent in crypto, as Donald Trump pointed
• 50:48
  out in 2019. I'm not a fan of Bitcoin and
• 50:50
  other cryptocurrencies which are not money and whose value is
• 50:54
  highly volatile based on thin air, he tweeted at the time.
• 50:58
  Five years later, with crypto money pouring into the 2024
• 51:02
  election, he changed his tone. You are the modern day Edsons,
• 51:06
  Wright Brothers and Carnegie's and Henry Ford's, he told a
• 51:09
  gathering of Bitcoin enthusiasts in Nashville as the price of
• 51:13
  Bitcoin soared. The president's social media
• 51:15
  business flailed Truth Social, trump's media copycat of
• 51:21
  Twitter, never attracted as many users as the original its market
• 51:25
  debuted in early 2024, nonetheless caught the
• 51:27
  imagination of mean stock traders who like the idea of
• 51:31
  Trump powered social media. Then Elon Musk purchased the
• 51:35
  real Twitter, reversed Trump's ban, and made the idea of a more
• 51:39
  conservative Twitter seem pointless.
• 51:41
  Losses piled up at Trump Media and shares tanked, declining 68%
• 51:46
  from their peak a raising 3.3 billion from Trump's net worth
• 51:50
  by May, surely hoping to spawn spawn another stock surge.
• 51:55
  Trump Media announced its Bitcoin play that month,
• 51:58
  promising the president, who now owns 51% of the shares, an
• 52:02
  indirect position in the cryptocurrency, roughly $830
• 52:06
  million. Investors, perhaps wary after
• 52:10
  the company struggles, didn't think much of the idea.
• 52:13
  Shares dropped 19% in three days, and Trump lost another
• 52:17
  5500 and $60 million. Of course, this is on paper at
• 52:22
  some point between July 1st and July 21st.
• 52:25
  It's not clear exactly when Trump Media amassed its Bitcoin
• 52:29
  stockpile, buying when the price was an estimated $115,000 per
• 52:34
  coin. It looked like a decent bet for
• 52:36
  a while, with Bitcoin moving up and down in a relatively tight
• 52:40
  band. Then over the last month, the
• 52:42
  cryptocurrency dropped 17%. Trump's media Bitcoin holding,
• 52:47
  which cost $2 billion, are now worth an estimated 1.7 billion.
• 52:53
  Shares of Trump Media, which amount assumed assumed about a
• 52:58
  billion dollars of debt in the process, fell 24%, wiping out
• 53:03
  $490 million of Trump's now $6.7 billion personal fortune.
• 53:08
  A turn around and Bitcoin's price could send the stock and
• 53:12
  the president's net worth up again, a little bit of an
• 53:16
  observation here. It seems like not even the the
• 53:19
  president of the United States is immune from paying bitcoins
• 53:24
  price of tuition. Cuz like dude, that's crazy.
• 53:27
  That's crazy, man. Like it, you know, it goes into
• 53:31
  the details of of all of this stuff.
• 53:33
  But again, these are a lot of the expectations that a lot of
• 53:37
  us were thinking, you know, heading into the year, a lot of
• 53:41
  us were thinking you had a pro Bitcoin president.
• 53:44
  We just went off. We just went, we just got out of
• 53:46
  Operation Choke .2 Point O. And the fact is that Bitcoin's
• 53:50
  price, despite A hostile administration, was performing
• 53:55
  better under Joe Biden than it's performed under President Trump.
• 54:01
  And that's a fact, right? So I don't know what's going on
• 54:05
  here. I have no idea.
• 54:06
  Could this be market manipulation to to to get more
• 54:10
  cheap Bitcoin? You know, could this be the
• 54:13
  Federal Reserve purposely sabotaging the Trump
• 54:16
  administration because they have a pro Bitcoin outlook?
• 54:20
  But I will say this. I think that if the Republicans
• 54:25
  don't start delivering economically, they're going to
• 54:29
  get merked during the midterms. They're not going to do well
• 54:33
  during the midterms. That's just a reality.
• 54:35
  They're not going to do well, right?
• 54:38
  So, you know, they gotta, and I think they know that.
• 54:42
  And I'll, I'll, I'll, I'll back that up with a clip from Scott
• 54:46
  Besson. Treasury Secretary Scott Besson
• 54:49
  talking about how he foresees 2026 to be a more positive year.
• 54:56
  As as you may know, I am also not only the Treasury Secretary,
• 55:00
  but I am the IRS commissioner and I can see what is happening
• 55:05
  with withholding. So the president's working
• 55:10
  class, they had tax policies, no tax on tips, no tax on overtime,
• 55:16
  no tax on Social Security deductibility, on auto loans of
• 55:20
  American made cars. No one has changed their
• 55:24
  withholding for 2025 S in the first quarter of 2026.
• 55:30
  Working families are going to see very good refunds coming
• 55:34
  out. They will change their
• 55:36
  withholding on January 1. So they will get real wage
• 55:40
  increases. And, you know, as you said,
• 55:43
  inflation is under control. And, you know, I think the
• 55:46
  economy is going to go gangbusters.
• 55:49
  So let's see. I mean, he's saying that also.
• 55:53
  Trump said this in one of his most recent speeches.
• 55:56
  For three years to embrace a vital industry here in Miami.
• 56:01
  I've also signed historic executive orders to end the
• 56:04
  federal government's war on crypto.
• 56:06
  Crypto was under siege. It's not under siege anymore
• 56:10
  because it's a big industry. It's a big industry and I have a
• 56:14
  lot of people that are great people, great business people.
• 56:17
  There are other businesses, but they're in crypto too, and it
• 56:20
  takes a lot of the pressure off the dollar it takes.
• 56:22
  It does a lot of good things, but we're into it.
• 56:25
  Biden was vicious on crypto. They were going after these
• 56:29
  crypto guys. It was terrible.
• 56:31
  They were under indictment, but I got indicted too.
• 56:34
  I got indicted. I made a phone call.
• 56:37
  Congratulations on your victory. He made a phone call.
• 56:40
  Let's indict him. These people are the worst.
• 56:43
  Then they say he's going to have to call me.
• 56:46
  They indicted me, they impeached me, They did everything.
• 56:50
  It's unbelievable. Who the hell else could have
• 56:52
  taken that? Do you guys know anybody else
• 56:53
  that could have taken it? I don't think so.
• 56:56
  A lot of people say you're the only one could have taken that.
• 56:58
  I don't know if that's true, but there aren't too many.
• 57:01
  We're making the United States the Bitcoin superpower, the
• 57:04
  crypto capital of the world, and the undisputed leader in
• 57:08
  artificial intelligence. We're leading China by a lot.
• 57:14
  Don't forget, if we don't do the crypto properly, China, China
• 57:17
  wants to do it. They're starting it, but they
• 57:19
  want to do it. Other countries want to do it.
• 57:20
  If we don't do it, it's a big industry.
• 57:23
  We're honored to be. So that is one of one of his
• 57:28
  most recent speeches. Again, all he's spitting facts
• 57:32
  like it's true, right? Did and Operation Choke Point
• 57:35
  2.0. I do have to say this though,
• 57:37
  one of the Samurai Wallet developers, he did, he was
• 57:42
  officially sentenced and he got the maximum sentence possible
• 57:46
  for for his guilty plea for operating an unlicensed money
• 57:50
  transmitter. He will serve 60 months in
• 57:52
  prison and pay a $250,000 fine. More details on today's
• 57:58
  sentencing hearing soon. So again, the overall industry I
• 58:06
  think is in better shape. I think ending Operation Choke
• 58:10
  .2 Point O was really important, but privacy, that doesn't seem
• 58:16
  to be getting the attention that it should be getting right.
• 58:22
  So, yeah, I mean, I think the only thing that's missing from
• 58:28
  Trump completing his promise and me being a super, you know,
• 58:34
  super Trump fan again, like I was in the beginning of the
• 58:36
  year, is the price to pump. So, you know, let's see what
• 58:40
  happens, man. Let's see what happens.
• 58:42
  Well, Nico, there is a couple of things I agree with.
• 58:46
  One, obviously, as I as I was saying yesterday, there does
• 58:49
  seem to be an active attack on privacy, which is highly
• 58:52
  concerning. The second thing you said is I
• 58:55
  do believe the Trump administration is very clearly
• 58:59
  watching the economy. They, I think they understand
• 59:02
  what's at stake. If they don't figure out the
• 59:04
  economic issues, if people don't feel wealthier, then they're
• 59:07
  going to get absolutely devastated next year in the
• 59:10
  midterms and that's not going to look good for 2028.
• 59:13
  So I think they're very keenly aware of that.
• 59:16
  Now this is where I think we might differ and it's honestly,
• 59:20
  guys, it's going to be a little crazy because usually Nico's the
• 59:23
  one standing MAGA. And I'm, I think at this point
• 59:26
  I'm actually going to kind of kind of do something similar.
• 59:30
  And I'm not here to kind of, you know, go full MAGA on you or go
• 59:36
  full, you know, Trump. It's the best.
• 59:38
  But I think what is kind of been on my mind lately is I see they
• 59:44
  are trying to do stuff. Now, I am not, you know, very
• 59:47
  aware in politics or even on all the moves that Scott Beston is
• 59:52
  doing. But what I do see with a lot of
• 59:55
  the stuff they're doing, and I know they, they, it does seem
• 59:57
  like there's some form of distraction like.
• 1:00:00
  I know sometimes the messaging isn't as clear as we would all
• 1:00:03
  like and there has been a lot of pushback against him and I'm
• 1:00:07
  hoping that they do listen. Anyways, the, the reason I'm
• 1:00:10
  saying this is because if you kind of look at where we are
• 1:00:13
  right now, not just for the last year, you zoom out a little bit
• 1:00:17
  like you're not going to turn around, you know, years and
• 1:00:20
  years and years of decay and really bad policy in one year.
• 1:00:25
  It's, it's kind of the same idea of like, you know, if you gain a
• 1:00:28
  lot of weight, you're not going to lose it very quickly.
• 1:00:30
  If you jump back into the, into the gym and start eating good,
• 1:00:34
  like it takes a while for things to change.
• 1:00:37
  And it is kind of one of those lower your time preference
• 1:00:40
  moments. And it is kind of funny to me
• 1:00:42
  that like, I'm I'm here like sticking up for the Trump
• 1:00:45
  administration and Nico's feeling like, bro, they forgot
• 1:00:49
  about us. Because I think it just, it's
• 1:00:52
  taking time. I think they're trying and, and
• 1:00:55
  again, I'm I'm as skeptical as anyone, but it does seem like
• 1:00:59
  they are trying to kind of turn the ship now.
• 1:01:02
  The biggest thing though, is like for a lot of people and me
• 1:01:06
  included, and I think people that were very pro Trump, even a
• 1:01:10
  lot of the bit corners that are very pro Trump, it does seem
• 1:01:13
  like he may have forgot about his voter base.
• 1:01:16
  And I think that's what's making everyone feel a little
• 1:01:19
  concerned. I think that's what's making
• 1:01:20
  people feel like, oh, you know, they're not listening to us,
• 1:01:24
  They're not doing the right thing.
• 1:01:25
  Everyone very critical. But I, and I know I've been
• 1:01:28
  saying, you know, the midterms are coming up.
• 1:01:30
  They are running out of time. But if anyone can like kind of
• 1:01:34
  do the impossible, I, I think it is, is Trump.
• 1:01:37
  And so I'm, I'm just like, look, I know politics and
• 1:01:41
  institutions, they move very slow.
• 1:01:43
  They move a lot slower than we want them to do.
• 1:01:46
  And especially when you're kind of talking about turning around
• 1:01:49
  year again, like decades of bad economic policy and, and you
• 1:01:53
  know, you can be very, very critical and say like, you know,
• 1:01:57
  the MAGA America first for the little man kind of narrative is
• 1:02:02
  it's like not who he's like, we're not who he's working for.
• 1:02:05
  He's working for the institutions, you know, the
• 1:02:08
  industrial financial complex. Like I'm, I'm totally on board
• 1:02:11
  with that. But I think if we kind of take
• 1:02:14
  him at his word, and I know a lot of people in the chat are
• 1:02:16
  like, you can't take him on his word.
• 1:02:18
  But it does seem like they are trying economically to change
• 1:02:21
  the plumbing and they are trying to, you know, re reroute this
• 1:02:25
  ship. I'm just saying at this point,
• 1:02:28
  like it's hard to really pick out the noise from the signal.
• 1:02:32
  And it does seem like it. I'm again, you guys know me.
• 1:02:35
  I'm a, I'm a, I'm a big Tom Luongo fan and he came from like
• 1:02:39
  a very libertarian perspective. And recently in a lot of the
• 1:02:43
  stuff he's saying is like people don't understand what he's doing
• 1:02:46
  and he's actually trying and doing good stuff.
• 1:02:48
  So I am kind of holding out my opinion on what they're doing
• 1:02:52
  right now because yeah, yeah, a little opposite.
• 1:02:56
  And it is interesting, 'cause you're you're usually more pro
• 1:02:59
  Trump, I'm more kind of cynical and.
• 1:03:01
  Skeptical, but I think it is a little too early to tell.
• 1:03:05
  And, and the reason I kind of been feeling this way is
• 1:03:08
  because, you know, if Nico is getting burnt out on the Trump
• 1:03:12
  administration right now, then that's what makes me kind of
• 1:03:16
  think like, OK, I know I'm super critical.
• 1:03:18
  Me and Nico have these arguments all the time off air.
• 1:03:21
  Like we, we getting heated political arguments.
• 1:03:23
  And I'm like a, a rookie in politics, you know, but we, we
• 1:03:26
  always get these conversations and I just think it's, I just
• 1:03:31
  think we need to kind of hold back because we really don't
• 1:03:34
  know what's going on. Again, a lot of the stuff we're
• 1:03:37
  seeing has been misdirection and a lot of people are sticking to
• 1:03:40
  certain narratives that really are outdated.
• 1:03:43
  There is a lot of, you know, bias against Trump.
• 1:03:48
  And I think that article is like, to me, when I was reading
• 1:03:50
  that, I'm, I was a little disappointed in Forbes, to be
• 1:03:53
  honest. They've been really good in
• 1:03:54
  their, in, in their journalism recently.
• 1:03:58
  To me, that just sounded like a hit piece.
• 1:03:59
  And even though I agree, like I want to see Bitcoin pump, he,
• 1:04:03
  you know, he said we're going to pump it.
• 1:04:05
  And I do believe that they're looking at Bitcoin as one of
• 1:04:07
  their economic factors to show that they're doing good.
• 1:04:11
  But to me that just sounded like a hit piece.
• 1:04:13
  You know, yes, Bitcoin this year has been very disappointing in
• 1:04:17
  price terms. But the Trump Media Group,
• 1:04:21
  they're like the number 8 Bitcoin treasury right now.
• 1:04:22
  They just bought like another 400 coins, I believe this
• 1:04:25
  morning. So like, I think they are
• 1:04:28
  trying, I'm not here to be, you know, like whitewashing the
• 1:04:33
  Trump administration because you know, me, I'm as critical as
• 1:04:35
  anyone. And, and I've, I've come on the
• 1:04:37
  show and said some probably pretty nasty things about the
• 1:04:41
  Trump administration throughout the year.
• 1:04:43
  But I, I think, I think there are trying and I, and we're
• 1:04:47
  getting to this point right now where there is like a fork in
• 1:04:50
  the Trump administration. And if they don't listen to what
• 1:04:53
  the base is doing, like the Republicans are cooked for 2028,
• 1:04:57
  they're cooked for 2026 midterms.
• 1:05:00
  It's like it's over. I think they burnt so much
• 1:05:02
  daylight this year focusing on, you know, focusing on issues
• 1:05:08
  that their their their core voter base did not really care
• 1:05:12
  about. Like the donor class maybe, but
• 1:05:16
  the core voter base did not really care about and I think.
• 1:05:21
  And that's like the huge. Divide.
• 1:05:22
  I don't know, do you? See the numbers from the, the,
• 1:05:25
  you know, you did bring up the, the elections that just
• 1:05:28
  happened. And I think I'm, I'm blanking on
• 1:05:31
  the exact number, but he lost like 10% of the younger
• 1:05:35
  generation, which is exactly what Nico's been saying is like
• 1:05:38
  if they don't figure this out. And I know a big, big part of
• 1:05:42
  the donor base was bitcoiners. Like we could say we kind of
• 1:05:45
  were the last push to get him elected.
• 1:05:47
  And if they forget about us and they forget about the young
• 1:05:50
  people and what they want it, it's not looking good, just to
• 1:05:54
  say the least, no. It's not looking good at all.
• 1:05:56
  And I think that's like, you know, again, look at the end of
• 1:06:02
  the day, guys, like if you're young in the United States, like
• 1:06:08
  you are going through right now, you're going through right now,
• 1:06:11
  you can't afford. This is why they elected who
• 1:06:13
  they elected in New York. There's an affordability crisis,
• 1:06:18
  right? And that's why you have populist
• 1:06:20
  movements coming up on the left and on the right.
• 1:06:24
  Like people are not about the establishment anymore.
• 1:06:27
  They feel like the establishment has failed them.
• 1:06:30
  And Trump, I think a part of the reason he was able to win over
• 1:06:35
  Kamala and, and, and Joe Biden was because he was seen as this
• 1:06:40
  populist candidate. But what I've seen over the last
• 1:06:44
  10 months or so is I feel like he's forgot about his base,
• 1:06:51
  right? And those low propensity boat
• 1:06:53
  voters didn't come out in this week's election, right?
• 1:06:57
  They didn't come out. They didn't come out.
• 1:06:59
  They didn't want to go out and vote.
• 1:07:01
  And Trump's the only people that can get get those people to come
• 1:07:04
  out and vote. But again, you kind of need to
• 1:07:06
  incentivize them. You kind of need to incentivize
• 1:07:09
  them. And again, I'm a single issue
• 1:07:11
  voter. Yeah, I was just going to say,
• 1:07:12
  Nick, you want to get the Bitcoiners back and then, you
• 1:07:15
  know, print the money, destroy the dollar and buy the.
• 1:07:18
  Year like like it's. Pretty no, That's horrible.
• 1:07:21
  That's horrible. That's horrible.
• 1:07:22
  We're really happy with the regulatory side of things.
• 1:07:25
  Like it's fantastic. I'm not trying to downplay that,
• 1:07:27
  but like, you know, the first pro Bitcoin candidate and you
• 1:07:32
  know, price isn't doing so hot, right?
• 1:07:35
  And, and I know what a lot of people are saying, Nico, the
• 1:07:38
  price has nothing to do with the president.
• 1:07:41
  OK, fine, I'll take that argument at face value.
• 1:07:44
  Sure. Every single big ass mother
• 1:07:49
  effing dump that we've had this year came from a Truth Social
• 1:07:54
  post. The massive dumps that we've
• 1:07:58
  seen came from a Truth Social post.
• 1:08:02
  So like, hey, yo, hey, yo, Dico, did you ever watch that one
• 1:08:05
  documentary about the Trump campaign where he had like that
• 1:08:09
  one blonde lady tweeting for him, whoever that Lady was?
• 1:08:12
  Can you just take the tweets away?
• 1:08:15
  Like, like, I'm, I'm being dead serious right now.
• 1:08:17
  Like that, that one, like the biggest drops that we've seen
• 1:08:22
  this year have come because the president goes on Truth Social
• 1:08:26
  and he talks about the tariffs, right?
• 1:08:29
  And I think This is why you're seeing Scott Besson change tune.
• 1:08:33
  Like This is why they're changing tune.
• 1:08:35
  Listen, the midterm is literally a year away.
• 1:08:39
  It's a year away. They have a year to turn this
• 1:08:42
  ship around. Now they got less than that Bro
• 1:08:44
  they got like 6 months. Yeah, dude, they got a year,
• 1:08:47
  like 6 months to turn turn this ship around or it's like you're
• 1:08:50
  not going to get people out there motivated voting.
• 1:08:53
  And you're hearing this from, you know, we were super pro
• 1:08:56
  Trump in exactly a year ago during the election.
• 1:09:01
  We were super pro we, we, we endorsed Trump for president and
• 1:09:05
  the beginning of the year, we are pro Trump too.
• 1:09:07
  And I think it was super important for our movement,
• 1:09:10
  super important for Bitcoin entrepreneurs, Bitcoin
• 1:09:13
  businesses in the United States to end Operation Choke .2 Point
• 1:09:16
  O. But here we are 10 months later
• 1:09:20
  and from like a price perspective, it's it's gone
• 1:09:24
  flat, like Bitcoin became a stable coin, right?
• 1:09:28
  So eventually, I think, you know, we're going to want to see
• 1:09:31
  number go up. So let's see guys.
• 1:09:34
  I think it's really exciting to me at least, because over these
• 1:09:38
  next two months or so, we're really going to know whether the
• 1:09:42
  cycles are a thing or the cycles are over.
• 1:09:46
  And if the cycles are over, I am so effing happy because Opti and
• 1:09:49
  I are going to have a great time next year literally covering
• 1:09:53
  things as they come. Because nobody on planet Earth
• 1:09:57
  is going to have any idea how to chart this thing.
• 1:10:02
  If the cycles are broken or, or, or we could be heading into a
• 1:10:08
  bear market. But I will say this about a bear
• 1:10:11
  market, if we are heading into a bear market, I don't think it's
• 1:10:17
  going to be that crazy because you don't get like we never had
• 1:10:21
  a parabola. So if you don't have a parabola,
• 1:10:23
  you're not going to get those 50, sixty, 7080% draw downs.
• 1:10:27
  They wouldn't make sense, right? It's been this slow methodical
• 1:10:32
  grind up, right? We've had a very slow methodical
• 1:10:35
  grind up in Bitcoin terms. So to see a parabola coming, I
• 1:10:39
  don't know. I like this tweet.
• 1:10:42
  Four year cycle is in price discovery.
• 1:10:45
  Let's let. Let's, let's see what happens.
• 1:10:47
  Let's see what happens. We'll stay on top of it anyways,
• 1:10:49
  guys, let's get to the culture. Let's end Friday strong.
• 1:10:52
  I'm excited. Yeah, we're trolling.
• 1:10:54
  We're trolling. We're gonna, we're gonna pour
• 1:10:55
  one out for the greatest trader of our generation.
• 1:10:57
  All. Right, we're gonna be right back
• 1:10:58
  in just a bit. I want to give a shout out to
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• 1:13:02
  All right, guys, Nico, it's the end of an era.
• 1:13:06
  Guys. It's an end of an era.
• 1:13:08
  We're pouring one out for the greatest gener, greatest trader
• 1:13:11
  of our generation, actually, not just our generation, our parents
• 1:13:14
  generation as well. So what am I talking about?
• 1:13:20
  Nancy Pelosi won't seek re election ending her story career
• 1:13:24
  in the US White House. The greatest trader of our
• 1:13:27
  generation is officially out. Literally has been around DC
• 1:13:32
  since JF KS time. Dude.
• 1:13:35
  End of an era. Absolutely.
• 1:13:37
  End of an era. She's worth $150 million.
• 1:13:42
  Yeah, what's a what's a what's a politician's?
• 1:13:45
  175 K was her salary. Dude, such a good trader.
• 1:13:49
  Honestly the best trader of our generations.
• 1:13:52
  Yes, end of an era. Sorry, wrong one.
• 1:13:55
  End of an era. Yeah, something just went off.
• 1:14:00
  Anyways, here's Trump's response here, which is hilarious.
• 1:14:04
  Nancy Pelosi, the old and broken political hack when Teach Me
• 1:14:07
  Twice in laws, is finally calling quits.
• 1:14:10
  She illegally made a fortune in the stock market, ripped off the
• 1:14:13
  American public, and was a disaster for America.
• 1:14:16
  I'm glad to see you go, yo. Absolutely hilarious.
• 1:14:24
  But no, I mean, look, I, I am, I am kind of trolling.
• 1:14:27
  It is Friday. I wanted to troll a little bit.
• 1:14:29
  You know, we do a little troll on Friday, but my my like, kind
• 1:14:34
  of this is where this is where I want to bring Nico in in the
• 1:14:37
  chat and then I I will kind of I I do have one kind of, you know,
• 1:14:41
  final, final send off for what we should be watching over the
• 1:14:45
  weekend. But my question here Nico is
• 1:14:50
  since she retired, since she's out officially out.
• 1:14:55
  Does this mean that she's selling the top and she knows
• 1:14:58
  the recession or depression is coming in, or is this going to
• 1:15:03
  be good for the economy? That's my question to you.
• 1:15:06
  Is this the top? Is it gonna get?
• 1:15:07
  Worse or. Is it gonna get better?
• 1:15:10
  As much as like, as much as I initially rooted for the
• 1:15:15
  government shutdown, I was like, you know, like this is great
• 1:15:19
  because like obviously I'm a small government type of person,
• 1:15:22
  like minimize the state to like as small as possible.
• 1:15:27
  I think the government shutdown is, will start affecting, you
• 1:15:31
  know, asset prices. And I think, I think, you know,
• 1:15:35
  that's what's happening right now.
• 1:15:37
  I think it's definitely, I think the moment that you hear an
• 1:15:40
  announcement that the government reopens, I think that there's a
• 1:15:42
  high probability we're going to RIP to the upside, even if it's
• 1:15:46
  just for like a little while. So I don't know.
• 1:15:50
  She's also very old, man. Like she's also very old.
• 1:15:53
  And as much as I don't agree with a lot of the things that
• 1:15:57
  she did politically, you know, she she has been around for a
• 1:16:02
  very long time. I think she was the first.
• 1:16:05
  I think she was the first, Madam Speaker, I believe I could be
• 1:16:09
  wrong there, but. Someone got Big short too.
• 1:16:15
  Confirmed. Yeah, dude, honestly, I saw this
• 1:16:18
  and and like look on, on like a human level, obviously like.
• 1:16:23
  Yeah, she was the first. She was.
• 1:16:25
  So she was the 1st, She was the first woman who served as the
• 1:16:30
  Speaker of the US House of Representatives.
• 1:16:32
  And and what year was that? 2007 OK 2007 so as much.
• 1:16:37
  As when did her career political career start?
• 1:16:39
  As much as I, I, I disagree with with a lot of her stances, you
• 1:16:44
  know, at the end of the day, like, you know, she, she she was
• 1:16:47
  a legend in her own right. And she actually, she actually
• 1:16:51
  crushed it as a trader, as a trader, not like, you know, as
• 1:16:57
  as a stock trader, right? Like we got to be specific.
• 1:16:59
  Here. Yeah.
• 1:17:00
  As a stock trader. Well, what do the other trader
• 1:17:02
  mean? Oh.
• 1:17:03
  Oh, yeah. No, not like as a stock trader.
• 1:17:05
  Yeah. Yeah.
• 1:17:06
  OK. My bad.
• 1:17:07
  My bad. My bad.
• 1:17:08
  My bad. So, so she absolutely crushed
• 1:17:11
  it, you know? And dude, best trader of our
• 1:17:14
  generation. Best stock trader?
• 1:17:16
  Sorry, sorry. I forget, I forget.
• 1:17:19
  This is a financial show. It's best stock trader of our
• 1:17:22
  generation trader of our. Financial generation of our
• 1:17:25
  generation, right? Yeah, but I mean, honestly, look
• 1:17:30
  like on a human level, like Nico's saying legend in her own
• 1:17:33
  right. My mom loves Nancy Pelosi, by
• 1:17:35
  the way. She's she's a huge fan of Nancy
• 1:17:37
  Pelosi and we have all we argue all the time about it.
• 1:17:41
  But I literally my first thought was like, dude, did she just
• 1:17:44
  sell the top for the last time? You know, gets out the market's
• 1:17:48
  going to go into a depression. She's got a fat bag of Fiat but
• 1:17:52
  scoops it up. That was literally my first
• 1:17:55
  thought. I'm not going to lie it.
• 1:17:56
  Would be terrible for the Trump administration.
• 1:17:58
  You know it like the the Republicans would get creamed,
• 1:18:02
  man. Yeah, no, 100% they.
• 1:18:04
  Would get cream during the midterms.
• 1:18:06
  I, I think they know this by the way, I think that this is like a
• 1:18:09
  well known thing. And I think that's like one of
• 1:18:13
  the reasons that Scott Bessett is saying, hey, I feel
• 1:18:15
  optimistic about 2026. But my response to that is like,
• 1:18:19
  bro, what took you so long? You know, like, like, God damn.
• 1:18:23
  And like those, those Truth social posts, like they didn't
• 1:18:26
  help. Like I, I might be complaining
• 1:18:29
  here and I might. And again, like, you know,
• 1:18:30
  Trump's a smart guy, like, and there's a plan and all that
• 1:18:34
  stuff, but that's not that type of show.
• 1:18:37
  I'm like talking about my own lived experience this year and
• 1:18:40
  like. Hey, Nico, I said it the other
• 1:18:41
  day and you kind of got angry at me.
• 1:18:43
  It's like like, let's say what you want about Trump as the
• 1:18:47
  first Bitcoin president. So what have you done for my
• 1:18:51
  bags anyways, anyways, anyways, I do want to I do want to send
• 1:18:56
  this off on one thing. I I did bring this up yesterday.
• 1:19:01
  We are, you know, I'm, I'm not going to do some chart boy on
• 1:19:04
  you guys, but I'm going to bring a chart.
• 1:19:06
  This is what I want you guys to watch over the weekend because I
• 1:19:08
  think this is very important to watch right now.
• 1:19:11
  A very interesting, interesting moment right now.
• 1:19:18
  Wow, it just kicked us off again.
• 1:19:19
  They don't they don't want you, they don't want you to get the
• 1:19:21
  signal. As I was telling you guys, I
• 1:19:24
  don't know if you guys saw Bitcoin mag this morning, but
• 1:19:27
  they were making the case that we are, you know, just breaking
• 1:19:33
  this trend here and I'll and I'll chart our chart boy for
• 1:19:36
  you. Basically like that like we just
• 1:19:38
  broke this trend then that we had from 2023.
• 1:19:42
  Technically, I would say they're right, but I I don't really
• 1:19:45
  think that this line is what's actually holding it up.
• 1:19:48
  What I oops, sorry, what I want you guys to watch over the
• 1:19:51
  weekend and we still have two days, but if we close under this
• 1:19:56
  fifty week moving average guys. Which is at let me check, let me
• 1:20:02
  check right here. 50 week moving average is at 102983.
• 1:20:08
  So if we if we close under that fifty week moving average and
• 1:20:11
  it's not a Wick, I'm honestly going to start feeling extremely
• 1:20:16
  bearish. So I that's what I want everyone
• 1:20:19
  to watch this weekend. Yeah, that's what I want
• 1:20:22
  everyone to watch this weekend. I mean, it's just if it closes
• 1:20:26
  like where we are right now, it could do a Wick here.
• 1:20:29
  Like like I'll show you again, I'll show you again.
• 1:20:31
  We could totally Wick below it. But if we don't, if we close
• 1:20:37
  under that fifty week moving average, I'm honestly not
• 1:20:42
  feeling very hot about the price.
• 1:20:44
  And you know me, I'm I'm Uber bullish on everything, but that
• 1:20:48
  might the dude, we're just we're we're on a precarious time right
• 1:20:53
  now. OK, that's all I'm going to say
• 1:20:55
  here. Let's hope we close above the 50
• 1:20:58
  week moving average. It's been supporting us since
• 1:21:00
  2023. So that's what I want you guys
• 1:21:03
  to watch this weekend. We'll see.
• 1:21:05
  I'll come back on Monday and I'll do the I'll do the culture
• 1:21:08
  on it. You know, not chart bowling, but
• 1:21:10
  we'll we'll talk about it more vibes on it.
• 1:21:12
  So that's what I'm watching this weekend, that's what I suggest
• 1:21:15
  you guys watch this week and hopefully we have some action
• 1:21:18
  once the markets close after 5:00 PM today Eastern.
• 1:21:22
  And if we do, I'm gonna be feeling extremely bullish.
• 1:21:25
  We're. At 102500 SO.
• 1:21:28
  So we need like 400 bucks. 400 bucks. 400 bucks so.
• 1:21:32
  Anyways, if you guys enjoyed today's show, you know what to
• 1:21:34
  do. Smash that like button, consider
• 1:21:36
  subscribing. Enjoy the weekend, go outside,
• 1:21:38
  get some sun, touch some grass, eat some steak, spend time with
• 1:21:41
  your family. And of course, we'll be back
• 1:21:43
  tomorrow for we'll be back on Monday for a brand new episode
• 1:21:47
  of Simply Bitcoin Live. Take care, everybody.
• 1:21:50
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• 1:21:53
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• 1:21:56
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