Latest / Simply Bitcoin / This Indicator JUST CONFIRMED The Unthinkable For Bitcoins Bull Run... | EP 1378

Transcript

This Indicator JUST CONFIRMED The Unthinkable For Bitcoins Bull Run... | EP 1378 · Simply Bitcoin

• 0:00
  Yo, Michael, Michael Saylor just had something interesting to say
• 0:04
  about Bitcoins terrible price action this year.
• 0:08
  But over the weekend, an interesting indicator that I'm
• 0:12
  sure all of you guys have heard of just flashed a warning for
• 0:15
  the first time in over six months.
• 0:19
  Today we're going to be looking at what's really going on with
• 0:22
  the price and why there are some reasons that the magical
• 0:25
  indicator might not be living up to its name this time around.
• 0:30
  But before we get into all of what all this means, let's check
• 0:33
  out this clip from the legends, the one, the only Michael Saylor
• 0:38
  himself. Hello.
• 0:40
  You think Bitcoin goes in the cycle right here?
• 0:43
  If it goes any lower, where does it go?
• 0:44
  I. Think it's pretty stable where
• 0:45
  it is right now. I mean most of the liquidation
• 0:48
  selling is out of the system. I think we should rally from
• 0:51
  here. And then what do you think it
• 0:52
  is? I don't, but I don't believe in
• 0:53
  four year cycles anyway, I mean. I never believed in the.
• 0:56
  I think that that they might have had some credence in the
• 0:59
  1st 12 years, but I just right now the four year cycle is
• 1:03
  somehow based on the idea that 225 Bitcoin a day get taken out
• 1:07
  of the supply after the next having.
• 1:10
  That's $22 million or $20 million of buying.
• 1:14
  Trust me, $20 million of buying. The market traded 100 billion
• 1:17
  yesterday. 20 million is is not even a third order issue at this
• 1:23
  point. Yeah, the dynamics in the market
• 1:26
  are much more that, you know, Jerome Powell thinks he wants to
• 1:29
  hold interest rates higher for longer, right.
• 1:31
  It's macroeconomics, it's political, it's structural.
• 1:35
  When you know, when ibits derivatives market went from 10
• 1:39
  billion to 50 billion, it did that in four weeks.
• 1:41
  I mean, so so those kind of things when JP Morgan's, you
• 1:45
  know, offers 10 or $100 billion of loans against Bitcoin, that
• 1:50
  will dwarf the four year cycle. It's the actions of the mega
• 1:55
  finance actors that are determining the future of
• 1:59
  Bitcoin right now. And all the fundamentals are
• 2:01
  good. So my advice to anybody is,
• 2:04
  first of all, if you make decisions with a 12 month or
• 2:07
  less time frame, you're a trader.
• 2:09
  If you're a trader, you know you're a trader.
• 2:11
  I have 0 advice for you. You know I'm not a trader.
• 2:14
  I'm not a good trader. I don't purport to be.
• 2:17
  I have 0 advice for you. On the other hand, if you're an
• 2:20
  entrepreneur or if you're an investor, you should have a time
• 2:24
  frame of four years or longer, 4 to 10 years.
• 2:30
  All right, everybody. Well, I mean, you heard it from
• 2:33
  the man, the myth, the legend himself kind of explaining
• 2:36
  what's going on here. He's confirming that he doesn't
• 2:40
  believe in the four year cycle, which I think is kind of a big
• 2:46
  deal. And let's go through a little
• 2:49
  bit of his logic behind that, right, Which is something that
• 2:51
  we've been this theme that we've been talking about over the last
• 2:54
  couple of of weeks here at simply Bitcoin since October was
• 2:59
  in October, since November didn't really perform that well.
• 3:04
  And I will say this about the four year cycle already guys,
• 3:07
  because for the four year cycle to for the four year cycle
• 3:10
  theory to play out, things need to happen that haven't happened
• 3:15
  in the past. And I would already say I
• 3:18
  actually tweeted this out this morning.
• 3:20
  I'd already say that we are already in uncharted territory.
• 3:24
  Why am I talking about that? And we're going to get to the
• 3:26
  indicator in just a little bit. Opti's have it pulled, Opti has
• 3:29
  it pulled up. But what am I talking about?
• 3:33
  For the first time in the year after having October wasn't
• 3:38
  October, it was a red October, November wasn't green, it was
• 3:44
  red, right? This entire year has been red.
• 3:50
  It's kind of been, you know, vacillating a little bit.
• 3:54
  It's been going up a little bit, a little bit, a little bit more,
• 3:56
  a little bit a little bit down. But in the grand scheme of
• 4:00
  things, if nothing changes between now and the end of the
• 4:03
  year, Bitcoin basically is up either 2% or down 3% for the
• 4:10
  entire effing year. So what does that mean?
• 4:14
  That means that if you bought the S&P 500, you would have
• 4:19
  outperformed Bitcoin this year. Good luck having those
• 4:24
  conversations and Thanksgiving dinner because you know that
• 4:28
  that uncle of yours that's talking about the S&P, you know,
• 4:32
  like it's the end all be all and, you know, talking about
• 4:35
  value investing and Warren Buffett and Charlie Munger and
• 4:39
  all that. I got to say something.
• 4:42
  Oh, and the gold bugs. Gold took Bitcoin to school this
• 4:47
  year. Gold's up 59% this year.
• 4:51
  The S&P 500's up 1010% this year.
• 4:55
  Bitcoin is up 0. In fact, it's down like 2%,
• 5:00
  maybe up 3%, right? So to go back to Sailor's Point,
• 5:06
  to weave it back in, we're already in uncharted territory.
• 5:12
  I would make the case that the four year cycle is already
• 5:15
  broken. We, the, the theme, the, the,
• 5:19
  the mimetics is this. It's 3, three years green, one
• 5:24
  year's red. So far it's been 2 years green
• 5:29
  and one year red. Let's see what happens on the
• 5:33
  fourth year. We don't know.
• 5:34
  Historically the year after, after the halving is so is is a
• 5:42
  bear market year. So far it looks like it's lining
• 5:46
  up to be a bear market year. In fact, a year from now we
• 5:51
  might be at $50,000 per coin, right?
• 5:54
  It could be that could be the case, but I will say is that
• 5:58
  like it's already, it's already broken the pattern, we've
• 6:02
  already broken the pattern, we've already broken the four
• 6:06
  year cycle theory. It's already been broken because
• 6:10
  if it was intact, we would have pumped in October, we would have
• 6:14
  pumped in November, but that that wasn't the case.
• 6:18
  So I would say we are already in uncharted territory now.
• 6:22
  Michael Saylor's logic behind why you know that could be the
• 6:28
  case this time is 2 things. Thing Number one is the amount
• 6:33
  of institutional interest. So if you look at the amount of
• 6:38
  Bitcoin being mined versus the amount of Bitcoin being bought,
• 6:44
  institutions are buying like 4 times as much Bitcoin than is
• 6:48
  being mined. That's number one.
• 6:51
  They're just gobbling, gobbling it all up #2 I'll say that back
• 6:59
  in the day, the first having it was 50 Bitcoin per block, 50.
• 7:08
  So every 10 minutes if someone found a block, they'd be
• 7:13
  rewarded 50 Bitcoin. Today this block subsidy is down
• 7:19
  to 3.25, something like that. It's like 3 point. 2/5.
• 7:25
  It's like 3.25 and in four years, so it's like 2028, right?
• 7:31
  So three years actually, or two years from now essentially it's
• 7:36
  going to be down. It's going to go down to it's
• 7:38
  going to go down less than that. So this idea that the half the
• 7:44
  this idea that the halvings are going to have less and less and
• 7:47
  less of an effect are 100% true. Now I'll tell you guys what I
• 7:53
  said this morning on X. I'm incredibly excited and the
• 7:58
  reason I'm incredibly excited is for two reasons.
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  Reason number one is nobody and their mother has any effing idea
• 8:08
  what the price of Bitcoin is going to do.
• 8:11
  Every single person that I've been listening to this year,
• 8:16
  content creators, influencers, you name it, they've gotten this
• 8:22
  year catastrophically wrong. And I fall into that category
• 8:26
  too. We were really bullish in the
• 8:28
  beginning of the year. We were like, Oh my God, I'm
• 8:30
  still bullish. Pro Bitcoin president.
• 8:33
  This thing's going to half, $1,000,000 per coin.
• 8:37
  Nope, Nope, that didn't work out at all.
• 8:41
  So and then thing #2 is I love the fact that nobody knows like
• 8:50
  this is how markets are supposed to be, right?
• 8:53
  This is how markets are supposed to be like people forgot it.
• 8:56
  Isn't this like, Oh my God, everyone and their mother knows
• 9:00
  exactly where Bitcoin is going and everyone has an idea.
• 9:04
  Oh my God, OK, Bitcoins going to go up.
• 9:07
  You know, it's going to follow the four year cycle.
• 9:09
  Like if that were the case, everyone would get rich.
• 9:13
  And that's not how markets work. That's like fundamentally
• 9:16
  against how markets work. The majority has to be wrong.
• 9:22
  The majority has to be wrong. That's how it works.
• 9:25
  Not the majority knows that in December and October and
• 9:28
  November, there has to be a pump, right?
• 9:31
  And markets are proving what markets do best.
• 9:35
  The majority got it wrong. And now what's the majority
• 9:38
  saying heading into 2026? So far, the majority, including
• 9:45
  the OG whales are selling as if the cycle is over.
• 9:51
  How much, how much would your mind be blown next year if all
• 9:56
  of a sudden we actually went up next year?
• 10:01
  It was March, it's March next year.
• 10:03
  Like think of put this idea in your head and and tell me how
• 10:06
  uncomfortable makes you feel. It's March of next year and
• 10:10
  we're actually at 125135K. You'd be confused.
• 10:15
  You'd be like, what the F is going on?
• 10:18
  So I think we're going through this process of digesting the
• 10:23
  fact that, Oh my God, this four year cycle thing is actually not
• 10:27
  even a four year cycle. We're in completely uncharted
• 10:31
  territory. I don't even know how to figure
• 10:34
  this out where Bitcoin is going. It could be that or we peaked at
• 10:39
  126 K in October and now we're in the beginnings of a bear
• 10:46
  market. I don't know which one it could
• 10:49
  be. And then that leads me to my
• 10:51
  second topic, which is in the title of the thumbnail, the
• 10:55
  title of the video, which is the indicator.
• 10:59
  There's this, there's this indicator, I think it's called
• 11:01
  the death Cross, right? Well, it's the 500 we day moving
• 11:05
  average and the 200 day moving average.
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  And here I'll, I'll just pull it up.
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  But before I get to that, Nico but please.
• 11:12
  Explain. Please explain what?
• 11:14
  Yeah, yeah. Well, I'm gonna get to that.
• 11:16
  What? Yeah, please explain what that
• 11:18
  indicator is. Yeah, I'm.
• 11:19
  I'm gonna get to that so. That people could like,
• 11:21
  understand, you know, the significance of it.
• 11:24
  But that's my rant, bro. My rant is like, dude, like
• 11:28
  everyone's got it wrong. That's how market should work,
• 11:32
  right? A lot of people are saying, hey,
• 11:34
  you know what? The four year cycle wasn't even
• 11:38
  a thing. And seems like sailor's on that
• 11:43
  boat. Joe Carlosar is on that boat.
• 11:46
  A lot of people are on that boat and it would catch so many
• 11:49
  people by surprise because they're buying into the four
• 11:54
  year cycle theory, right? So I don't know.
• 11:57
  No one knows the future. This is the lesson that I
• 11:59
  learned in in 2025, right, is that no one has any idea what
• 12:04
  the F is going to happen with Bitcoin because every single
• 12:08
  person that has made any attempt at a prediction or at a
• 12:13
  assumption or better said at an expectation has got it super,
• 12:20
  super wrong. So my lesson, my personal, my
• 12:24
  personal lesson, my New Year's resolution is gonna be Nico,
• 12:28
  enjoy the ride, stay humble, stack sats, keep making the show
• 12:33
  with Opti. Keep making it fun and just bro,
• 12:37
  you know, let yourself go. Just let yourself go.
• 12:40
  Let, just let yourself enjoy the the wave, right?
• 12:44
  Just let let let yourself enjoy the roller coaster that is
• 12:47
  Bitcoin because, dude, like expectations gone.
• 12:53
  You know that dopamine itch that you've been dying to scratch
• 12:57
  gone, right? It's just, it's just going to
• 13:00
  surprise you or bore you. And I think this year, 2025 has
• 13:05
  been the year of boredom. It's been the year of boredom,
• 13:09
  right? And I think the cherry on top
• 13:11
  out of all this, as much as I love what the Trump
• 13:15
  administration has done for the Bitcoin industry, is that the
• 13:20
  price is now lower than when Trump was inaugurated.
• 13:24
  On January 20th, he was inaugurated and the Bitcoin
• 13:28
  price was at 109,011. Months into his administration,
• 13:34
  the price of Bitcoin is at 92,000.
• 13:38
  So the first pro Bitcoin administration we've actually
• 13:42
  got in negative price action. And this leads me to my final
• 13:47
  point before I pass it on to Opti.
• 13:49
  So you can talk about this indicator bring back Joe Biden,
• 13:59
  bring back bring back Operation choke .2 point O bro.
• 14:03
  Because like you know, listen, at least we were getting
• 14:09
  attacked regularly. At least some, some of us are
• 14:11
  getting jailed for no reason. You know, some of us are getting
• 14:16
  deplatformed, but at least the price was ripping, bro.
• 14:22
  At least the price was ripping. At least the price was ripping,
• 14:26
  bro. You know, maybe they're not
• 14:28
  related, maybe they are, I don't know.
• 14:32
  But right now you're hearing 11 months of sideways action for a
• 14:41
  Bitcoin show. Like dude, dude, hold on, I'll
• 14:45
  do that. I don't know.
• 14:46
  I don't know, Opti, I don't know, I might be losing my mind
• 14:49
  a little bit, bro, might be might be losing my mind a little
• 14:52
  bit. But anyways, guys, we have a
• 14:55
  loaded show for you guys. We have some clips of the one,
• 14:58
  the only legendary Andreas Antonopoulos dropping some hot
• 15:03
  fire like always. That's what he does.
• 15:06
  And then Opti is going to be talking about the indicator.
• 15:09
  And then I got an interesting post actually that I posted on
• 15:13
  November 3rd 'cause it was followed up by a post by Naval
• 15:19
  on November 15th. And it kind of talks about the
• 15:23
  same thing. So I, I really want to focus on
• 15:25
  this theme, which is really interesting.
• 15:29
  So guys, it's going to be a great show.
• 15:31
  You guys are going to want to you, you guys want to stay tuned
• 15:34
  in, smash the like button, share the show with your family.
• 15:38
  If they're, if they're hurting right now, if they're like, you
• 15:41
  know, this thing's boring you, you showed me Bitcoin and the
• 15:44
  S&P 500 outperformed it. Like, you know, go away.
• 15:49
  Go away, little kid. Go away.
• 15:51
  Go, go have fun with your bitcoins.
• 15:53
  Have fun with your bitcoins. So Opti, what is this indicator
• 15:57
  that. Yeah, yeah.
• 15:59
  Before I get that, I do want to kind of comment on one of the
• 16:01
  things you said and if you really connect this with what
• 16:04
  Sailor is saying. The one thing that I think we
• 16:07
  all kind of missed this year is that retail is no longer in
• 16:11
  control of Bitcoin. And a lot of people have been
• 16:13
  saying like, oh, bitcoins being Co opted, but it just shows that
• 16:16
  the institutions are in control right now and they're going to
• 16:19
  do whatever they want with this price.
• 16:20
  I've I've been arguing for a while that it looks like they
• 16:23
  are trying to keep the price down so that they can pack their
• 16:25
  bags. And here let me let me just
• 16:27
  start pulling. And guys, sorry, you know, some
• 16:29
  of you love it, some of you don't, but I am going to do a
• 16:31
  little chart buying for you guys.
• 16:32
  And and I know some of you guys love to see me fail when I do
• 16:37
  some chart boy and stuff, but this is absolutely insane right
• 16:41
  here. What Nikka was saying.
• 16:42
  This is the first time we have seen a red year after the
• 16:47
  halving. So yeah, it's literally been so.
• 16:51
  So this morning. I was watching this all morning.
• 16:54
  It was up I think like a little bit.
• 16:56
  So we still had a green yet and forgive me guys, I I do blue as
• 16:59
  green and red is normal just because you guys know I'm I'm
• 17:02
  super color blind Nikos trying to tell me this is actually
• 17:05
  green, but I know better than that because I picked the colors
• 17:07
  anyways, this is the first time we've ever seen a red year
• 17:11
  falling to halving. And obviously there's still
• 17:14
  there's still some time left in this year.
• 17:15
  Things can happen. We all know that the Bitcoin
• 17:17
  price runs very quickly in a short amount of time, but it is
• 17:21
  very clear retail is no longer in control.
• 17:24
  And I think that's kind of what Saylor was saying where the four
• 17:26
  year, 4 year cycle, the halving cycle doesn't have an an effect
• 17:31
  anymore because the amount of Bitcoin that hits the market now
• 17:35
  is really not that much compared to the supposed institutional
• 17:39
  demand in Bitcoin. Now we all have to remember that
• 17:41
  there has been a lot of Bitcoin hitting the exchanges.
• 17:45
  A lot of people been saying the Ogs are selling out.
• 17:48
  They finally hit their, you know, IPO moment, the 100K
• 17:50
  number. They can finally cash in, use
• 17:53
  their savings how they want to. There's also the other narrative
• 17:56
  that Bitcoin is being rolled over into these Wall Street
• 18:00
  product. So a lot of different things are
• 18:02
  happening right now. But if you look at the charts,
• 18:05
  it's not it's not a pretty chart right now.
• 18:07
  We, we can all agree that now the indicators and this is what
• 18:11
  everyone was watching on Twitter over the weekend.
• 18:16
  It is, we have, we just crossed the death crossed.
• 18:19
  And what's this mean? Obviously this is a lagging
• 18:22
  indicator. So I, I had my buddy again hit
• 18:24
  me up. He's like, it's over, bro, we're
• 18:26
  going to 50K. And I'm like, no, we're not.
• 18:28
  I, I don't believe we're going to 50K And, and I'll make my
• 18:30
  case here right now. So as I was telling you the
• 18:33
  other day, you know, the 50 week moving average was holding us
• 18:36
  for a while. It finally broke down.
• 18:39
  But the other indicator which is similar, you know, the
• 18:42
  essentially the moving average is just, you know, the last 50
• 18:46
  days, what's the average of that price?
• 18:48
  The last 200 days, what's the average of that price?
• 18:51
  Usually when the 50 day crosses over, the 200 day moving average
• 18:54
  is when you're in bullish territory and when it does the
• 18:56
  opposite, you are in bearish territory.
• 18:59
  So when the 50 day right here crosses over the 200 day moving
• 19:02
  average, that's called the golden cross.
• 19:04
  That's where, you know, most traditional traders would look
• 19:07
  at something and be like, all right, this is good territory to
• 19:10
  be buying. We're going to go higher when
• 19:12
  the opposite happens to call it a death cross because usually
• 19:15
  the price is going to go down. Now, what is interesting about
• 19:18
  this though, is since 2023, whenever we have this death
• 19:24
  cross happen, the price essentially bottomed out.
• 19:28
  And that's what everyone is looking at right now.
• 19:30
  So I have friends that are telling me, oh, dude, bear
• 19:33
  market, it's over. I'm kind of taking maybe a more
• 19:36
  contrarian view. This death cross to me is just
• 19:38
  showing that the prices have bottomed out.
• 19:40
  It's going sideways after this. And you can see this happened in
• 19:43
  September 2023. It happened in August of 2024
• 19:47
  and it happened in April of 2025.
• 19:50
  And so if this follows through the same way, it looks like the
• 19:53
  price is going to go sideways. So even though people are saying
• 19:56
  and I and I saw this really good tweet here and this guy's goes I
• 20:00
  have bad news and good news. The bad news is that the
• 20:02
  technical analysis team tells me Bitcoin printed a desk death
• 20:06
  cross today and this was yesterday.
• 20:08
  A death cross occurs when the 50 day moving average of DMA of an
• 20:11
  assets price falls below its 200 day moving average, often
• 20:15
  interpreted as a bearish technical signal indicating
• 20:18
  potential downward momentum in the medium term.
• 20:21
  The good news is, though. As the following chart shows,
• 20:24
  that's completely meaningless when it comes to Bitcoin.
• 20:27
  And I'll pull up this chart and you can see in the short term,
• 20:30
  yeah, it's not going to be, you know, a crazy pump, but usually
• 20:35
  in the long term it, it's a good thing it, it's going to average
• 20:39
  out to something good. So one week after these, this
• 20:43
  death cross, the average is .25%.
• 20:45
  Two weeks later it's 2.27%. Three weeks later, 2.35.
• 20:49
  Anyways, a year later, on average, we get 85% returns
• 20:53
  after this. Now I also saw something else
• 20:57
  that I think is kind of going into what's been going on with
• 21:00
  the Bitcoin price since 2023. Remember, I've been making the
• 21:03
  case that since the institutions got into Bitcoin, the Bitcoin
• 21:06
  price market structure has fundamentally shifted.
• 21:10
  Essentially what sailors saying the four year cycle no longer
• 21:13
  holds true. And I think the very simple view
• 21:15
  of this is like retail is not in control here.
• 21:18
  These are the institutions. But Bitcoin therapist posted
• 21:21
  this and I think this, this is this is holding some water to
• 21:25
  this. And he goes, there was never a
• 21:27
  four year cycle in Bitcoin. It was the underlying business
• 21:30
  cycle. And we've been contracted since
• 21:32
  2023. I think we know what happens
• 21:35
  next. And you can see here is the
• 21:36
  United States ISM manufacturing PMI and every time it goes up is
• 21:41
  when the bull cycle plays out in Bitcoin 2016 in 2020 and since
• 21:46
  2023, it's just gone absolutely sideways, hence why we all are
• 21:50
  feeling Bitcoin as a stable coin.
• 21:53
  So again, I know everyone are is saying on the timeline like, oh,
• 21:57
  we're going to 58 K, we're going to 50 Ki.
• 22:00
  Think what happened over the weekend is we are we're pretty
• 22:02
  close to closing the CME futures gap.
• 22:05
  I think it's roughly around 91 K, maybe 92 K.
• 22:08
  We did hit like 9394. So I think I think it's the
• 22:13
  magnet dude. I think it's going down to that
• 22:14
  price, it's going to consolidate and I'm still convinced we are
• 22:18
  going to have another leg up. I don't think that the cycle or
• 22:22
  the retail kind of FOMO and fear cycle is playing out anymore.
• 22:27
  It's the institutions. And what have the institutions
• 22:29
  been saying? They're all trying to get into
• 22:31
  Bitcoin. They all have.
• 22:33
  Well, not all. Again, I'm being, you know, I'm
• 22:35
  generalizing here. They have this long term view of
• 22:38
  Bitcoin. They're accumulating Bitcoin for
• 22:40
  the long term. It has fundamentally shifted
• 22:43
  into a macro asset now. It's no longer just a
• 22:46
  speculative wave of retail buying Bitcoin.
• 22:49
  So I know everyone's looking for the Optihopium today.
• 22:54
  I'm I'm convinced, I'm still convinced that the four year
• 22:57
  cycle is broken. I don't think this is the end of
• 23:00
  the bear, the bull run. I think we're going to go into
• 23:03
  this like, you know, consolidation period and then
• 23:05
  it's going to RIP again. And I think, Nico, I think 2026
• 23:09
  is going to be a red, sorry, a green year.
• 23:11
  I, I think next year is going to go up.
• 23:14
  And we've been saying this for a minute because we didn't see a
• 23:16
  FOMO blow off top. It means we're not going to see
• 23:20
  a crazy correction. And if this year was the
• 23:22
  correction, remember we had to have all time high before the
• 23:25
  halving last year fundamentally broke everyone's models.
• 23:30
  Now we have a, you know, a red basically what should be the
• 23:35
  parabolic year. Yeah, exactly.
• 23:38
  You know, we we broke the three green, one red cycle.
• 23:42
  So again, all our models are broken right now.
• 23:45
  And I think what it is is most people are still using old kind
• 23:49
  of paradigm thinking of what Bitcoin should do what it is
• 23:53
  doing. And as we've been saying for a
• 23:55
  while, right now is the time where people, people's
• 23:59
  convictions are being tested. And so if you are being scared
• 24:01
  out right now, I hate, I hate to say it, but I might go full
• 24:04
  British huddle like you deserve to get shaken out.
• 24:07
  This is diamond hands area. This is when you should be
• 24:10
  stacking. Bitcoin is on sale right now.
• 24:12
  Again, we have no clue what the price is going to do short term,
• 24:16
  but we know what it's going to do long term.
• 24:18
  It's gonna go up into the right. This freedom movement, freedom
• 24:21
  money movement is catching on. This is is that 2025 is that
• 24:25
  fundamental foundation year where things shifted.
• 24:29
  We are seeing a transition right now and I'm I'm super bullish.
• 24:33
  I, I look, maybe I had it's because I had a week off and you
• 24:35
  go, but I'm feeling bullish right now, boys.
• 24:39
  Yeah, I don't know, man. Like, I look, two things could
• 24:43
  be true, right? Which is I, I just don't see a
• 24:47
  crazy 80% correction happening without euphoria.
• 24:53
  I, I don't see that happening. The last time we had a semblance
• 24:57
  of euphoria was in November and December of 2024, but it was
• 25:03
  extremely short lived. We have not had euphoria at all
• 25:08
  whatsoever in 2025. We've had disbelief.
• 25:13
  We've had like maybe a small smidge of hope, which got
• 25:18
  completely, you know, completely extinguished in October.
• 25:25
  And also I think the market manipulation aspect, I think
• 25:28
  that's like a point that really needs to be talked about because
• 25:32
  every single time we've had Bitcoin pumping in this year, we
• 25:40
  had a Trump, we had a tariff, we had a tariff.
• 25:43
  Truth Social post, right? Every single time like October,
• 25:47
  this is what you guys have to remember.
• 25:49
  You know why the October pump finished?
• 25:53
  Because of the truth Social post.
• 25:55
  You know, you want to know why we went down all the way down to
• 25:58
  like 76 K during the summer? It was a truth Social post.
• 26:03
  It was a tariff post. That's literally why things fell
• 26:07
  the way they they fell the way they did and they fell hard the
• 26:10
  way they did, right? So, you know, we know that the
• 26:15
  the Trump family is heavily involved with the industry.
• 26:20
  Do I blame them and do I blame the institutions for wanting to
• 26:25
  fill their bags before this thing goes to the moon?
• 26:28
  No, I don't think so. But this goes back to the other
• 26:32
  thing that I was saying is that I think that, you know, the only
• 26:37
  chance in hell that the Republicans have at keeping the
• 26:41
  House in 2026 is if, you know, Main Street has a good time
• 26:47
  economically. And that hasn't been the case.
• 26:50
  That has not been the case. And Trump was elected by this
• 26:55
  kind of populist movement. And I think a lot of people,
• 27:01
  including myself, I'll put myself in that camp from the
• 27:04
  price perspective, I think from the, you know, from the, from,
• 27:11
  from the regulatory aspect, I think Trump has kept all his
• 27:15
  promises. And I'm super happy, I'm super
• 27:18
  happy that Ross Albrecht got free.
• 27:21
  You know, all jokes aside, I'm, I'm pretty happy with the
• 27:24
  Republican platform, Republican Party's platforms against crypto
• 27:29
  assets as a whole. I'm super happy that the Genius
• 27:32
  Act and the Clarity Act seems like it's going to be passed as
• 27:36
  well. I think that's really good.
• 27:38
  But the most fundamental thing that bitcoiners care about,
• 27:43
  which is number go up, didn't come to fruition, right?
• 27:47
  So, you know, you could say, oh, Nico, it's not 100%.
• 27:51
  You know, it's not 100%. Like Trump doesn't control
• 27:54
  markets, bro. If he's posting on Truth Social
• 27:58
  and crashing the markets, 50%, what is that?
• 28:01
  But not controlling the markets a little bit right So anyways,
• 28:07
  yeah, it's quite interesting let's see if this this so-called
• 28:11
  death cross is going to lead to a pump Opti's feeling bullish
• 28:16
  I'm. So that means we're dumping.
• 28:18
  I, I've, I've reached Bitcoin Zen at this point.
• 28:21
  I'm, I've come to this point where I'm like, you know what,
• 28:25
  enjoy the ride, enjoy the roller coaster.
• 28:26
  I don't know if you guys have seen the meme of the guy on the
• 28:29
  roller coaster and he has just no emotions.
• 28:32
  I'm at that point, I just, I, I'm just like, look, stay
• 28:35
  humble, stack stats, enjoy the ride.
• 28:39
  This is awesome. This is the types of things that
• 28:41
  you're going to be talking about 20-30 years from now.
• 28:44
  But boy, oh boy, did we take the 2017 days for effing granted.
• 28:50
  We took those days for granted, man, We took those days for
• 28:54
  granted and we thought they were coming back and no, they weren't
• 28:57
  coming back. That was a one in a lifetime
• 29:01
  opportunity to live through days like that.
• 29:05
  And we thought 2021 was bad. We thought 2021 was bad.
• 29:09
  Nope. Four years later, this is bad.
• 29:12
  You know this is bad. There's no way.
• 29:14
  There's nowhere, there's no other way to slice it.
• 29:17
  It's it's just bad. Yo-yo, someone in the chat says
• 29:21
  little. Nico, this is your Zen.
• 29:25
  I, I've just, I've just come to terms with, I've just come to
• 29:28
  terms with, with the fact, with the, with the reality of the
• 29:31
  situation. I do want to read the poll that
• 29:34
  I posted. I want to get everyone's
• 29:37
  thoughts. So I, I, I asked you guys, do
• 29:39
  you believe in the four year cycle?
• 29:41
  422 of you guys voted 75% of you guys voted no.
• 29:49
  So 75, the majority does not believe in the four year cycle
• 29:53
  anymore. 2525% believe in the four year cycle.
• 29:58
  So I'm going to end that poll right there.
• 29:59
  Anyways, if you guys are enjoying simply Bitcoin live,
• 30:02
  we're back. It's Monday, it's a new week,
• 30:05
  rise and shine. It's going to be a great week.
• 30:08
  Smash that like button, consider subscribing, share the show with
• 30:12
  your family, with your friends. You're listening to the most
• 30:16
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• 30:19
  Simply Bitcoin live smash that like.
• 30:21
  But I want to give a shout out to the YouTube viewers. 675 live
• 30:26
  viewers on YouTube alone, about 100 or so watching live on
• 30:30
  Rumble and about 1000 or so watching live on X across all
• 30:34
  streaming platforms and we are streaming on Noster.
• 30:37
  We have not forgot about Noster. We've got 63 sats zapped to us
• 30:41
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• 30:44
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• 30:49
  like Noster and support the community community.
• 30:52
  And I also I think we hit 22,000 followers on Noster on and we're
• 30:57
  on the verge of hitting 17,000 followers on Rumble.
• 31:01
  So follow us on alternative video platforms, guys anyways,
• 31:05
  down under Blues. What, what did that comment say?
• 31:07
  I wanna read that comment. Nico is stuck within the Q42025
• 31:13
  blow off top narrative. I, I, you know what?
• 31:15
  I totally was. I totally was you, you, you
• 31:17
  caught me, bro, you caught me. I'm guilty.
• 31:19
  I'm guilty. I did believe.
• 31:21
  I did believe in that. So did Opti, though Opti has his
• 31:24
  hands dirty on this. As well.
• 31:25
  Look, I still believe it's going to 300 Ki.
• 31:27
  Don't know what you guys are talking.
• 31:28
  About 300 K When? When the end of year?
• 31:31
  No, no, no, I don't. Know what's going?
• 31:33
  On whoa whoa anyways, that's some hopium guys.
• 31:38
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• 34:09
  All right everybody, we are back.
• 34:10
  At the time of recording, the Bitcoin price is $92,890.00
• 34:17
  block height 924,050 market cap, 1.85 trillion Bitcoin versus
• 34:24
  gold market cap. It was making such gains.
• 34:27
  Think it got to like 10% and then gold, gold, gold, Peter.
• 34:33
  I'm going to call 2025 the year of Peter Schiff's revenge.
• 34:39
  It only took 15 years, but he finally got it right.
• 34:43
  He finally got a year that gold outperformed Bitcoin by a large
• 34:49
  margin. Maybe Peter Schiff could be
• 34:51
  right. Maybe we should have him on the
• 34:53
  show. Get his opinion.
• 34:56
  Didn't you already do that? I mean, I had an interview with
• 34:59
  him and he did call all of this, kind of call it, he did call all
• 35:03
  of this declined from all time high -26.4%.
• 35:10
  So right now you're buying Bitcoin, you're getting it at a
• 35:13
  26% discount, but it could go lower.
• 35:20
  Next, next thing I want to read. I thought this was really
• 35:23
  interesting. So Naval said in 1971, money
• 35:29
  changed from a natural system, gold, to a socialist system,
• 35:33
  Fiat. Crypto is tech to replace
• 35:36
  socialist money with a free market system.
• 35:39
  Market systems are inherently competitive, and as tech
• 35:42
  evolves, new monies will continue to emerge to challenge
• 35:46
  existing ones. It's quite interesting 'cause I
• 35:49
  said this 12 days earlier, I said the most evil thing about
• 35:53
  Fiat is that it makes most people think capitalism failed
• 35:57
  them when in reality it was socialism in disguise.
• 36:02
  So do I think they've all read the tweet?
• 36:05
  Maybe, possibly. This tweet did go viral, but I
• 36:08
  think the fact that we're all kind of saying the same things,
• 36:14
  I think makes it worthy of a conversation.
• 36:16
  So what does that mean? Like, what does that mean?
• 36:19
  Like what? Like Naval is saying Fiat money
• 36:22
  is socialist, I'm saying Fiat money is socialist.
• 36:26
  Well, yes, it's inherently socialist because it's centrally
• 36:28
  planned, right? Not only that, it allows the the
• 36:33
  redistribution of wealth through monetary debasement, right?
• 36:38
  So it's two, it's two, it's two very strong principles right at
• 36:48
  2, very strong components that make Fiat money socialist,
• 36:53
  centrally planned, centrally controlled, and it allows the
• 36:58
  redistribution of wealth. Now, what I think is very evil
• 37:02
  about it is that the the vast majority of people have this
• 37:09
  perception that we've been living in this capitalistic
• 37:12
  society. If that were true, no big banks
• 37:18
  would have been bailed out in 2008 and 2009.
• 37:23
  That doesn't happen in a capitalist free market system.
• 37:27
  Those banks would have gone down.
• 37:32
  They would have gone bankrupt. There is no such thing as this
• 37:37
  concept of too big to fail. I'm sure you've heard of it by
• 37:40
  now. Too big to fail, that that's not
• 37:44
  a reality. The only reason something look
• 37:48
  under a Bitcoin standard, the government only has the Bitcoin
• 37:54
  that it has. It can't print more of that
• 37:57
  Bitcoin. So if a bank is going under, the
• 38:01
  government can't bail out that bank.
• 38:04
  The fact that the government could bail something out is
• 38:08
  ridiculous. That's essentially that is,
• 38:11
  maybe you can call it a hybrid, but it is some type of centrally
• 38:16
  planned economy where the government gets to pick who wins
• 38:19
  and who loses. Now, what's really interesting
• 38:22
  about this is that it leads to the same outcomes as a centrally
• 38:29
  planned economy. Right now, I would say the
• 38:33
  wealth inequality in the United States of America has never been
• 38:38
  this bad in my lifetime. It is so bad most young people
• 38:46
  Gen. Zers which I would say are like
• 38:50
  extremely base millennials are like dude like why am I broker
• 38:56
  than my parents? I don't understand.
• 38:58
  Productivity has increased, global wealth has increased but
• 39:04
  I can't even pay rent. You want to know why Mandami won
• 39:09
  in New York? Because his messaging was on
• 39:12
  point. His messaging was on point.
• 39:17
  People can't afford anything. But the tragedy out of all of
• 39:22
  this, again, is the fact that people like, think that it's
• 39:26
  capitalism that failed them. Peter Thiel has said capitalism
• 39:31
  has failed millennials, right? He said that the other day,
• 39:35
  right? And that's, that's just wrong.
• 39:39
  Capitalism hasn't failed millennials.
• 39:42
  Millennials haven't been experiencing capitalism.
• 39:44
  Look, I think Breedlove has said it best as if if a country has a
• 39:50
  central bank, it's halfway communist already.
• 39:54
  There's a reason that the 5th tenant in the Communist
• 39:58
  Manifesto is the necessity for the centralization of credit
• 40:03
  AKAA central bank, right? So.
• 40:10
  What Bitcoin is doing is that it's creating a non sovereign
• 40:16
  alternative that can't be Co opted and it can't be controlled
• 40:21
  by the powers it be. That's what makes it so
• 40:24
  powerful. That's why Bitcoin, if you use
• 40:28
  Bitcoin as your unit of account, everything gets progressively
• 40:32
  cheaper for you over time. If you're still using Fiat as
• 40:37
  your unit of account, everything gets progressively more
• 40:39
  expensive over time, Right? So yeah, that's my point, man,
• 40:45
  Is that like, you know, first of all, Bitcoin has a marketing
• 40:49
  problem. Second of all, capitalism has a
• 40:54
  marketing problem. I think governments just
• 41:00
  completely, you know, took advantage of the fact that they
• 41:03
  can just print money to high heaven.
• 41:06
  And people think that there is no consequences of of
• 41:10
  governments being able to do that.
• 41:13
  And I think that's what we're living through right now as a
• 41:15
  society. But again, I think things are
• 41:17
  going to break. I was talking to my wife this
• 41:20
  morning and she's like, things are just getting so regarded.
• 41:25
  And Opti's like, things could get more regarded.
• 41:29
  But yeah, man, like this is this is some interesting territory
• 41:32
  that we're in. And I think things are going to
• 41:36
  get better before they get worse until people finally wake up and
• 41:40
  they say enough is enough. You know, it's it's time to try
• 41:44
  something new, right? That's my take.
• 41:47
  It's my two sats Opti. Yeah, Excuse me.
• 41:55
  You hear this line a lot that capitalism failed us.
• 41:59
  And you know, as a bitcoiner, you always do the like, actually
• 42:01
  like we've never really lived in the capitalist system ever since
• 42:04
  1930. Like literally no one that you
• 42:06
  know has ever lived in a capitalist system as Nico was
• 42:09
  saying it. It's basically like a hybrid
• 42:12
  capitalist sort of socialist system.
• 42:15
  And everyone likes to blame capitalism for.
• 42:18
  It's like, oh, you know, the capitalism is, you know, it's
• 42:22
  evil and it what do, what do they always say?
• 42:25
  It oppresses the workers or whatever, whatever, whatever.
• 42:28
  And from our perspective, it's very simple.
• 42:30
  It's like the money's broken. There is a wealth extraction
• 42:33
  mechanism with Fiat money. But when you get into economics,
• 42:36
  everyone kind of has their eyes glaze over and they're like,
• 42:39
  cool story, bro, I'm broke. I don't care about your
• 42:42
  economics. It makes no sense to me.
• 42:44
  You know, like let's just point our fingers at the bad guys
• 42:46
  because we know who they are. They're the head of the
• 42:48
  corporations. You know, you could also say
• 42:50
  we've made maybe, probably, most likely live in like a corporate
• 42:54
  talker, see right now where the corporations actually control
• 42:57
  everything. It's crony capitalism.
• 42:59
  Yeah, 100%. But when you talk to someone and
• 43:02
  you say, Oh yeah, like we never live in a capitalist system,
• 43:05
  it's crony capitalism. They're like, but you're still
• 43:07
  saying capitalism and you're like, no, you don't get how this
• 43:10
  works. Anyways, I, I do want to talk
• 43:13
  about one thing 'cause I did have this thought the other day
• 43:15
  when we were in Dallas, I was hanging out with some of our
• 43:19
  team over there. And it's just like very
• 43:23
  interesting. The more you see from the news,
• 43:26
  the more you start to realize that bit corners are in such a
• 43:30
  blessed position right now because like the average person
• 43:33
  has no money. And yeah, this year hasn't
• 43:36
  played out exactly how we wanted to.
• 43:37
  But if you've been in Bitcoin for, you know, four or five,
• 43:41
  almost 10 years, like you're really not that stressing right
• 43:45
  now. And anyways, the the
• 43:45
  conversation we were having is we were all kind of looking each
• 43:48
  other like, yeah, man, like it seems like most people are
• 43:51
  broker than ever. They're having a really hard
• 43:53
  time and us bit corners have been around for a while.
• 43:56
  We're all just kind of like chilling.
• 43:57
  We're like, yeah, you know, I really wish number would go up
• 44:00
  more. But like, we're not really
• 44:02
  struggling, but we're also just like very bored because of the
• 44:06
  price. And like I, I totally see why
• 44:08
  people that aren't bitcoiners, they just go for like, you know,
• 44:12
  voting for a Mondami or what's his name Mondani Momdami.
• 44:20
  So like you totally get what they, what, what they're trying
• 44:23
  to do. But anyways, you, you, it's very
• 44:25
  clear that almost everyone can point at the problem, but it's
• 44:31
  the solutions that differ. And it's the solutions that will
• 44:34
  fundamentally change your literal course of your life,
• 44:38
  your, your generations to come. It's the solutions that will
• 44:42
  change the problem. And most people just want a
• 44:45
  bigger government. They want to tax the rich.
• 44:47
  And as Bitcoiners are like, no, how about we just use a money
• 44:50
  that isn't broken, that doesn't steal from us, that you can save
• 44:53
  in that you don't have to ask permission for that cannot be
• 44:56
  stopped. And most people just kind of
• 44:58
  think this is like too radical, but it's, it's the simplest,
• 45:03
  best solution there is out there.
• 45:05
  There. It literally is no other
• 45:06
  solution. But it's just, it's just kind of
• 45:09
  crazy that, you know, all I literally had to do was, you
• 45:13
  know, save essentially like beer money in Bitcoin for an extended
• 45:18
  period of time and literally get out of our mom's basement.
• 45:21
  Like, it's just, it's, it really, it's like a meme in and
• 45:24
  of itself. It's it's just kind of mind
• 45:25
  blowing. Yeah, 100%.
• 45:27
  And unlike the the also like the insanity, you know what's the
• 45:32
  definition of insanity is like trying the same thing and
• 45:35
  expecting different results. I think that's the definition,
• 45:38
  right, Opti? So like, again, this model of
• 45:43
  giving the government more power and then giving them the
• 45:47
  government the ability to like fix prices and like basically
• 45:51
  centrally plan parts of the economy that has been tested for
• 45:57
  like 100 years with catastrophic results.
• 46:02
  So like in some countries now you kind of have this like
• 46:05
  hybrid model where it's capitalism, it's the free market
• 46:10
  that's funding socialist aspects of the economy or, or of
• 46:15
  society. But fundamentally it's still
• 46:17
  capitalism. It's the free market.
• 46:19
  That's the engine, right? So that's been tried and tested.
• 46:24
  Like, I can debate you for hours on this particular subject and,
• 46:32
  you know, giving the government more power over your life, even
• 46:37
  though they're the ones who are solely responsible for breaking
• 46:41
  the money in the 1st place and then looking to them and saying,
• 46:46
  hey, can you fix my life? Like that is insanity.
• 46:51
  Like that's insanity. That's crazy.
• 46:53
  That's crazy talk. It's time to try something new.
• 46:57
  It's time to get out of this box.
• 47:00
  It's time to stop waiting for this.
• 47:04
  Like, Oh my God, every two years, every four years, I get
• 47:08
  to vote for team blue or I get to vote for team red and team
• 47:11
  blue or team red is going to make my life better.
• 47:14
  But both of them, both team blue and both team red have done
• 47:20
  exactly the same thing, which is print an absurd amount of money.
• 47:27
  And if you're part of the working class, if you're part of
• 47:30
  the lower class, if you're earning in wages, if you're
• 47:34
  saving in wages, you are getting wrecked, full stop.
• 47:41
  So when you hear politicians come out and say I have a
• 47:46
  solution for you, I'm here for the worker and I'm here to make
• 47:50
  your life better. When I hear that I say, are you
• 47:53
  going to stop printing money? Because if you the number one
• 47:57
  thing a politician could do to improve the life of workers that
• 48:03
  are that are living for salaries is stop debasing the currency.
• 48:10
  That is the number one thing you could do.
• 48:13
  Other than that, it is grade ABS.
• 48:17
  That's all it is. It's BS.
• 48:21
  It's political slogans and low information voters.
• 48:26
  People that don't understand will fall for it every time
• 48:31
  because it sounds great. And This is why Mandami won in
• 48:35
  New York. Mandami won because he hit the
• 48:38
  nail on the head. I can't.
• 48:40
  I'm going to make life in New York affordable.
• 48:46
  Like, that sounds fantastic. That sounds great.
• 48:49
  What Bitcoiners are saying is, hey, if you've been living on a
• 48:54
  Bitcoin standard for four years, for eight years, not only is
• 48:59
  life in New York affordable, life in New York is getting
• 49:03
  cheaper for you over time without the need of voting in a
• 49:10
  politician, like this idea that a politician is coming to save
• 49:15
  you. We've tried this.
• 49:17
  This is what I'm trying to tell you guys.
• 49:19
  It doesn't matter whether you vote right or left.
• 49:21
  I'm not saying that traditional Fiat voting isn't important.
• 49:25
  It totally is. You totally want a pro Bitcoin
• 49:28
  candidate in positions of power. I'm not saying that that's not
• 49:32
  important, but what I'm trying to say is seeking a solution
• 49:37
  from the government, where the government is the one who debase
• 49:41
  the currency in the first place. In my opinion, is is just going
• 49:46
  to lead you nowhere. Like you're going to be
• 49:48
  extremely frustrated. Take the agency, take the action
• 49:55
  yourself to opt out into better money and watch how how your
• 50:00
  life will improve. Is it going to improve
• 50:02
  overnight? No, if you adopted Bitcoin in
• 50:06
  the beginning of the year and I told you guys I'm like, listen
• 50:09
  guys, Bitcoins going to improve your life, you would probably
• 50:12
  hate me by now. You'd say, Nico, Bitcoin hasn't
• 50:16
  done dog S in 11 months. I should have bought the SNP.
• 50:22
  You're right, You're right. But let's have a conversation in
• 50:27
  four years. Let's have a conversation in six
• 50:29
  years. Let's have a conversation in
• 50:31
  eight years and then you're going to tell me, OK, I
• 50:34
  understand now. I get it, I get it.
• 50:37
  But in the short term, Bitcoin's unpredictable.
• 50:40
  I think that's the lesson of 2025.
• 50:43
  Every single person got it catastrophically wrong.
• 50:45
  So anyways, that's the theme that I wanted to focus on.
• 50:48
  That's what I wanted to talk about when I saw my ex post and
• 50:52
  then I saw Naval's ex post basically saying the same thing,
• 50:56
  which is Fiat money is inherently socialist because it
• 51:01
  is inherently centrally planned. And if something is centrally
• 51:05
  planned rather than left to the free market, the free market is
• 51:10
  going to do 100% better job on everything than something that
• 51:16
  is centrally planned and something that is ran by the
• 51:17
  government. Like don't take my word for it,
• 51:22
  look it up yourself. Look up the historical examples.
• 51:25
  Don't buy into the ideologues, don't buy into the propaganda.
• 51:29
  Just do your own research. History is so vast that you have
• 51:34
  100 plus years of examples, right?
• 51:38
  Just look it up. Anyways guys, it's going to be a
• 51:41
  great show. We still have so much to cover
• 51:43
  today. Michael Saylor bought a huge
• 51:47
  amount of Bitcoin, almost a billion dollars and then the
• 51:51
  price dump. And then we have a clip of the
• 51:57
  one, the only Andreas Antonopoulos, which I miss very
• 52:00
  dearly. He's the one that I I used to
• 52:02
  just listen to on repeat. Guys, when I got in the game,
• 52:06
  there was no Bitcoin content. There was Max and Stacy and
• 52:10
  there was Andreas. And Andreas would drop these
• 52:13
  lectures that were absolute fire that he would just do off the
• 52:18
  cuff, off the Dome, right? And he went, he actually went on
• 52:23
  the Joe Rogan experience. So we actually have a clip of
• 52:25
  him from back in the day. And a lot of the predictions, a
• 52:30
  lot of the foresights that he saw back then have actually come
• 52:34
  to fruition. So we're very excited about
• 52:36
  that. And then, of course, Opti's got
• 52:38
  something lined up for you guys in the culture.
• 52:40
  So you guys stay tuned. It's going to be a great show.
• 52:42
  We're going to be right back just a bit.
• 52:45
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  and the biggest hang up is self custody.
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  even though they're great. You know, bit key has found a
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• 56:53
  And anyways, so let's get into today's news.
• 56:56
  So first I do want to cover this breaking news, ladies and
• 57:02
  gentlemen, price dumped right after this.
• 57:05
  I I think I saw will panda talk about this.
• 57:07
  He was like making fun of he's like, oh, sailor, he just
• 57:10
  announced a buy. How fantastic.
• 57:13
  That's so great. Price is going to dump and Diddy
• 57:17
  got it right. So Sailor said Big Week on on
• 57:23
  November 16th, So that was yesterday.
• 57:25
  I'm going to like it. Big Week and Strategy acquired
• 57:31
  8178 BTC for $835 million at $102,000 per coin.
• 57:39
  Ouch, Ouch. Wooh wooh.
• 57:48
  That's all the way there bro. So before I move on to the
• 57:54
  Andreas video Opti, do you have some some thoughts in mind when
• 57:59
  you see that? Well, I just want to say shout
• 58:02
  out to Sailor for buying the top for us.
• 58:05
  Thank you very much. A real Chad out there.
• 58:08
  No, I mean, I as much as I don't like Oil Panda, it is very
• 58:14
  interesting that you could see a billion dollar buy right now
• 58:17
  from Michael Saylor and the price is dumping, which makes
• 58:21
  you think that there is some funny business going on.
• 58:24
  It it just you're looking at this and it and in the past, if
• 58:28
  we saw a billion dollar buys of Bitcoin, like the price would
• 58:32
  absolutely RIP. So on the one hand, it is very
• 58:35
  interesting that we are seeing all of this institutional
• 58:39
  demand. And and I know a lot of
• 58:41
  Bitcoiners are like, oh, it's paper Bitcoin.
• 58:42
  They're not actually buying Bitcoin.
• 58:44
  The other side of the coin is it's still holding up very good.
• 58:49
  So even though we're under 100K right now, who knows how long
• 58:53
  that's going to be. I know people are saying it's
• 58:54
  going into a bear market. In the past, if a billion
• 58:59
  dollars, you know, was either bought or sold, like the market
• 59:03
  would fundamentally fluctuate. And what we're seeing now, I
• 59:06
  don't think it's because sailors buying, but it does look like,
• 59:10
  you know, if you're looking at the MicroStrategy stock, it does
• 59:12
  look like someone is trying to liquidate Sailor and he's been
• 59:16
  going around and making the rounds.
• 59:17
  He's like, there's literally no way for us to get liquid.
• 59:19
  But I don't think you guys understand my business model.
• 59:21
  But it is looking like if you take the OK, if you do look at
• 59:30
  what's going on right now, it does seem like someone is
• 59:35
  playing with the price. I know I, I don't really like to
• 59:38
  use market manipulation because people have like negative
• 59:41
  connotations, but Bitcoin still is under $2 trillion market cap.
• 59:45
  So again, that's like smaller than Apple.
• 59:50
  If you don't think they're doing some funny business trading out
• 59:52
  there, like you really don't understand how the markets work.
• 59:56
  But all of this is still telling me it's like, OK, if they're so
• 59:59
  afraid of Bitcoin going up, then that's the clear buy signal for
• 1:00:03
  me. This this makes me want to own
• 1:00:05
  it more. Yes, it's on sale.
• 1:00:06
  It's under 100K. We have no idea what's going on
• 1:00:09
  with the price, but I'm just like.
• 1:00:13
  This is lit. This is like, this is fun.
• 1:00:15
  It's like, OK, we, they, they're that afraid of what we do that
• 1:00:19
  they're trying to keep the price low.
• 1:00:21
  Every single one of us should be buying right now.
• 1:00:23
  We should all be buying generational time stamps, AKA
• 1:00:26
  local tops, because we're going to look back on this in a few
• 1:00:29
  years and be like, those were good buys.
• 1:00:31
  Like this was, this was totally worth it.
• 1:00:33
  Yeah. I mean, that's a very optimistic
• 1:00:36
  way of looking at things, I would say.
• 1:00:39
  They don't call you optimist fields for no reason, right?
• 1:00:42
  Dude, you buy highs and buy lows.
• 1:00:44
  Like Roxham said in the chat, Sailor buys high and lows, and I
• 1:00:47
  do. Too.
• 1:00:47
  This is the way. Anyways, I got some, some other,
• 1:00:53
  some other stuff. Yeah.
• 1:00:55
  And by the way, if you have not bought the, the the local top,
• 1:01:01
  you, you, you shouldn't call yourself a bitcoiner.
• 1:01:04
  It's literally like a rite of passage.
• 1:01:06
  You've had to buy the top. At least you've had to buy the
• 1:01:10
  top. I bought the 20K top.
• 1:01:14
  I bought the 69 K top. I bought, I bought all the tops
• 1:01:18
  like this is. So yeah, that's that's my that's
• 1:01:27
  my, that's my opinion on this matter.
• 1:01:29
  But anyways, moving on to the second piece of news, which I
• 1:01:32
  think is is very cool. I have a clip of the goat,
• 1:01:37
  literally the goat. This is the man who orange
• 1:01:40
  peeled me. There was no Bitcoin only
• 1:01:43
  content back then. Like things like simply Bitcoin
• 1:01:46
  did not exist. You know, like it didn't exist,
• 1:01:50
  like things didn't exist, right? So it was part of my motivation
• 1:01:55
  is starting simply is because there was no Bitcoin only
• 1:01:58
  content. But here's Andreas explaining
• 1:02:01
  many, many years ago what exactly is happening in society
• 1:02:09
  and due to the broken money. And again, connect this with
• 1:02:12
  what we were talking about during the during the numbers
• 1:02:16
  segment about the money being centrally plans, right?
• 1:02:20
  So I'm going to play you guys the clip, then we're going to
• 1:02:23
  talk about it. We're going to have a
• 1:02:24
  discussion. Let's check it out.
• 1:02:25
  Here's the one the only legendary Andreas Antonopoulos.
• 1:02:31
  The problem is we are going to a digital currency society where
• 1:02:34
  cash will be gradually eradicated either through non
• 1:02:37
  use or a lot of countries and a lot of governments are are
• 1:02:40
  trying to actively ban it. So they're putting limits on how
• 1:02:44
  much you can use cash. Say you know, $1000 and if it's
• 1:02:48
  more than $1000 using cash is illegal.
• 1:02:51
  When we go to the society, we have to really think about the
• 1:02:53
  implications. Do we want a society in which
• 1:02:55
  our digital money is under complete surveillance and
• 1:02:59
  complete control? Where if you go to the wrong
• 1:03:01
  protest, or if you support the wrong political campaign, or if
• 1:03:05
  you make a payment to the wrong person or receive money from the
• 1:03:07
  wrong person, suddenly your money disappears.
• 1:03:10
  It's no longer yours anymore. It's frozen, it's seized, it's
• 1:03:13
  gone. And someone has control of that.
• 1:03:17
  Corporations, banks, governments.
• 1:03:18
  And in most cases, there is no difference between Corporation,
• 1:03:21
  Bank and government, right? And so that's one scenario.
• 1:03:25
  And the other scenario is 1, in which individuals control their
• 1:03:28
  money. And it is digital money, but
• 1:03:29
  it's digital cash, like Bitcoin, where you can pay an individual
• 1:03:32
  from one person to another, just like I can with cash today
• 1:03:35
  without any other party getting involved.
• 1:03:38
  What really strikes me as amazing is that we've gotten
• 1:03:40
  used to this idea so quickly, which is that we no longer pay
• 1:03:45
  people. We no longer pay people
• 1:03:48
  directly. The less we use cash, the more
• 1:03:50
  we pay people through a corporation, right?
• 1:03:54
  So from tipping your valet to tipping your taxi driver to
• 1:03:57
  tipping wherever, tipping is pretty much the last remaining
• 1:04:01
  part of our society where cash is used to pay from one person
• 1:04:06
  who is not an incorporated entity to another person who is
• 1:04:09
  not an incorporated entity. Everything else you have to pay
• 1:04:11
  for a corporation, whether it's a bank, right, whether it's
• 1:04:14
  Venmo, whether it's PayPal, whether it's any of those
• 1:04:17
  things. And we've gradually gotten used
• 1:04:19
  to this environment where we can't pay another person unless
• 1:04:21
  there's a corporation involved. And that's astonishing to me.
• 1:04:25
  And as cash disappears, that then becomes a final fact that
• 1:04:29
  every single payment in your life will be from you to a
• 1:04:32
  corporation. And that corporation takes a
• 1:04:34
  piece of that every single thing.
• 1:04:35
  And not just that, it doesn't just take a piece, it also
• 1:04:38
  controls and surveils and monitors your use.
• 1:04:40
  And if you violate the terms and conditions, you are destitute.
• 1:04:43
  Wow. So our so the issue is not what
• 1:04:47
  we have today versus the digital currency of the future or
• 1:04:51
  Bitcoin or whatever. It's both futures are digital
• 1:04:54
  currency and in both futures cash will no longer exist.
• 1:04:58
  That is inevitable. We are going down that road and
• 1:05:00
  now we have to choose. Do we go to the digital cashless
• 1:05:04
  Society of corporate control over money with the complete and
• 1:05:08
  total merging of corporate and state money, where instead of
• 1:05:12
  having separation of state and money, have the merging of state
• 1:05:15
  and money and corporation and money?
• 1:05:16
  Where your money is branded money.
• 1:05:19
  You have Chase dollars, you have Goldman Sachs dollars, you have
• 1:05:24
  Coca-Cola dollars, right? You have money that is
• 1:05:27
  controlled by a corporation. Or do we go down the other
• 1:05:29
  future where we have money that is basically an Internet
• 1:05:32
  Protocol that is completely global, that any person can pay
• 1:05:35
  any person they meet in the streets without any corporations
• 1:05:37
  getting involved? Just for me to you digital cash
• 1:05:40
  and and that's really the, it's a less optimistic view because
• 1:05:43
  I'm fully aware of what the other future is and it's already
• 1:05:46
  playing out and it is a very, in my opinion, a very dangerous
• 1:05:49
  future. Mind you, this was recorded a
• 1:05:53
  very, very long time ago. And one of the things that
• 1:05:59
  worries me about today that Bitcoin has been embraced by
• 1:06:05
  Tradfi is that more and more people are forgetting Bitcoin's
• 1:06:10
  original mission. Like, boy, like were we so
• 1:06:15
  militant? In a way, we still are.
• 1:06:18
  Take a lot of take a lot of pride.
• 1:06:21
  I told you this while I was on the plane.
• 1:06:23
  Take a lot of pride in that in a in a way, simply Bitcoin still
• 1:06:26
  holds the ground for sure holds the line in that regard.
• 1:06:32
  But you know, guys, remember why we're here, right?
• 1:06:38
  Remember why we're here, like I'm sure the majority of you
• 1:06:43
  tuning in are, are here 'cause you guys want to get rich.
• 1:06:46
  OK, I get it. But remember, you came for you
• 1:06:50
  came for the money, you stayed for the revolution, right?
• 1:06:54
  So remember, self custody. Bitcoin in self custody is the
• 1:07:01
  revolution. Bitcoin in self custody is what
• 1:07:05
  is going to fundamentally change the world for the better.
• 1:07:11
  I cannot emphasize that enough. And Andreas, in his prophetic
• 1:07:18
  ability, literally called out exactly what is happening to
• 1:07:25
  cash. We reported this last week and
• 1:07:31
  this was introduced not too long ago, but basically the maximum
• 1:07:36
  amount for a single cash transaction between a business
• 1:07:39
  and a person will be €10,000. This is happening in the
• 1:07:44
  European Union. The new rules are expected to
• 1:07:47
  come into force in mid 2027. Private transactions The limit
• 1:07:53
  will generally not apply to payments made between private
• 1:07:56
  individuals who are not acting in a professional capacity.
• 1:08:02
  The purpose The legislation is aimed at combating money
• 1:08:04
  laundering and the financing of terrorism by making large,
• 1:08:08
  anonymous cash transactions more difficult to conduct and easier
• 1:08:15
  to trace. So this is what's happening.
• 1:08:21
  And while everyone's paying attention to the ETFs in the
• 1:08:25
  Bitcoin treasury companies, we have forgot our fundamentals.
• 1:08:31
  We forgot the reason we came here.
• 1:08:34
  Like Bitcoin Twitter was so militant.
• 1:08:38
  You got, maybe you guys weren't, maybe it was before your time,
• 1:08:41
  but it was such, it was so militant for so many years, like
• 1:08:47
  people knew the mission, we knew the mission and the mission is
• 1:08:53
  this. We need to end the tyranny of
• 1:08:57
  central banking. We need to end centrally planned
• 1:09:01
  money. We need to have a money that is
• 1:09:08
  separated from the state. That is the mission and Bitcoin.
• 1:09:13
  We can live that mission. We can fulfill that mission, but
• 1:09:17
  we cannot fulfill that mission if you are distracted by the
• 1:09:23
  latest and greatest treasury company or the latest and
• 1:09:28
  greatest ETF. But that's just a fact.
• 1:09:33
  And maybe we're like ideologues and maybe we just have like
• 1:09:36
  we're seeing the the world with like rose covered glasses or
• 1:09:40
  whatnot. But I want that world because
• 1:09:44
  the other worlds, we only have two choices.
• 1:09:49
  We have a choice of living in a world with a central bank
• 1:09:52
  digital currency, or we have a choice of living in a world with
• 1:09:57
  Bitcoin, an open monetary network that I think is in the
• 1:10:02
  process of being captured. Or a central bank digital
• 1:10:09
  currency dystopia where bureaucrats will get to decide
• 1:10:13
  what you can and cannot do with your money.
• 1:10:16
  This is already happening in Europe.
• 1:10:18
  This is already this. This has been happening in China
• 1:10:21
  for a while now. That interview that he had with
• 1:10:25
  Joe Rogan happened half a decade before the Canadian truckers
• 1:10:31
  protest. When, When was that I?
• 1:10:34
  I was when, when, when did that air?
• 1:10:37
  Dude, it was so long ago, 2016 bro, and he called all of it,
• 1:10:44
  all of it. And, and, and again it it's not
• 1:10:47
  because the the guy could see into the future.
• 1:10:51
  It's just game theory. Like it's just common sense.
• 1:10:56
  Why are they trying to get rid of cash?
• 1:10:58
  Why? Because they want everyone using
• 1:11:02
  digital cash. Why do they want everyone using
• 1:11:04
  digital cash? Because they can control it.
• 1:11:08
  Why do they want to roll out a a digital ID?
• 1:11:11
  What is the per what? What is?
• 1:11:13
  What does a digital ID solve? It doesn't solve anything, but
• 1:11:20
  it sure does give them a lot more control.
• 1:11:24
  And then you got to ask yourself, why do they want more
• 1:11:26
  control? They want more control because
• 1:11:29
  now they have something that's competing against them.
• 1:11:33
  So instead of doing what you do in in a free market, when your
• 1:11:37
  competition steps up their game, you're like, OK, I got to step
• 1:11:42
  up my game too because if not, I'm going to get left behind,
• 1:11:44
  bro. Like damn.
• 1:11:46
  That's not what they're doing. They're saying, no, you can't
• 1:11:50
  compete with us. We are the default.
• 1:11:54
  You have to use our system. It is your patriotic duty to use
• 1:11:59
  our system. This is your money.
• 1:12:02
  I'm using their words, by the way.
• 1:12:04
  This is your money. Aren't you excited for this
• 1:12:08
  digital euro? You get to design it.
• 1:12:10
  You get to choose what faces you put on the bills of cash that
• 1:12:15
  we're trying to also get rid of. But I'm super excited because
• 1:12:18
  this is your money, right? Even though you can't create
• 1:12:21
  more of it because that's counterfeit, Even though you
• 1:12:24
  can't audit the bank because they can't, they don't let you
• 1:12:28
  do that. But with Bitcoin, anyone could
• 1:12:31
  create more Bitcoin. Anyone could audit the chain at
• 1:12:34
  any time. So what sounds more public and
• 1:12:39
  what sounds more private to you? And this is what this whole CBDC
• 1:12:44
  thing is all about. They are scared.
• 1:12:50
  I, I can't even say the word because I don't want to curse.
• 1:12:55
  They're really worried about this thing.
• 1:12:58
  And in a way, right now, as things stand, they are winning.
• 1:13:02
  They're winning hardcore with these treasury companies and
• 1:13:11
  with these ETFs, with BlackRock and stuff.
• 1:13:15
  You'd understand if most people are getting exposure to Bitcoin
• 1:13:22
  through captured Bitcoin, we will lose.
• 1:13:28
  It's game set match, it's over. If we don't have individuals
• 1:13:34
  using Bitcoin in their in their custodial wallets and using it
• 1:13:41
  to transact Bitcoin loses. The fact that we have less
• 1:13:49
  volume today on chain since the introduction of the ETFs is
• 1:13:55
  really bad. The fact that we have less
• 1:13:58
  people taking self custody of their Bitcoin since the
• 1:14:02
  introduction of the ETFs is really bad.
• 1:14:06
  It's just really bad. But anyways, maybe this was this
• 1:14:13
  like ideological, you know, sugar Coe and and you know what
• 1:14:18
  and it was Peter Thiel also too Opti who was talking about this.
• 1:14:23
  Remember he said like, look like, you know, I was very
• 1:14:26
  excited about Bitcoin when it had these cypher, cypherpunk
• 1:14:29
  roots and all that. And like now it's just kind of
• 1:14:33
  become the shadow of its former self.
• 1:14:35
  And I think a lot of, by the way, what Opti calls price
• 1:14:39
  manipulation comes from the fact that a lot of this Bitcoin is
• 1:14:43
  controlled by institutions. So, you know, not to be a, a
• 1:14:50
  downer or anything, but that's my opinion on all this, bro,
• 1:14:56
  'cause I'm listening to Andreas and I remember bro, I used to
• 1:14:59
  listen to his lectures and I was inspired and I was like, we're
• 1:15:02
  going to win. We're going to win, dude.
• 1:15:05
  This is a game changer. This is how our generation
• 1:15:09
  stands up and fights. Not voting for Mandami, right?
• 1:15:16
  But maybe I was wrong, maybe I was naive.
• 1:15:20
  I don't know. I know what I'm doing.
• 1:15:24
  I'm taking the Bitcoin that I don't have and I'm putting it
• 1:15:27
  into self custody. You, you got me on that one.
• 1:15:33
  I was like, wait, what? I I do want to comment on before
• 1:15:39
  I kind of agree with what Nico was saying and and expand on it
• 1:15:42
  a little bit. I also was orange pillowed by
• 1:15:46
  Andreas back in the day. And when I heard those, those
• 1:15:51
  interviews and the Andre speeches, that's what that's
• 1:15:57
  what made me become a bitcoiner. I I was like, I heard it all.
• 1:16:01
  I'm like, he's hitting, he's hitting the problems like on,
• 1:16:05
  you know, on the head. And there needs to be a new
• 1:16:08
  solution. And it's just kind of crazy that
• 1:16:13
  what Andre said is happening right now.
• 1:16:17
  And at the time when I was hearing this stuff, you know,
• 1:16:20
  2017, it seemed like it was going to happen a long, like,
• 1:16:26
  way further into the future. And here we are, you know, a few
• 1:16:30
  years later, maybe almost a decade later, and it's it's
• 1:16:34
  happening exactly as he said it would.
• 1:16:37
  And, you know, Andreas isn't really in the limelight anymore.
• 1:16:39
  He's not really making that much content anymore.
• 1:16:41
  But like he is one of the original Bitcoin influencers out
• 1:16:46
  there that that basically sparked a whole whole new
• 1:16:49
  revolution. And we and we're kind of, you
• 1:16:52
  know, his children here, like we all started with Andreas and now
• 1:16:55
  here we are orange peeling you guys.
• 1:16:58
  And and that's kind of what I want to talk about later in the
• 1:17:00
  culture after going to mining disrupt.
• 1:17:02
  But anyways, what we are seeing right now is exactly what I've
• 1:17:06
  been saying for a while, and I'm not, I'm not the only one to say
• 1:17:09
  this. Simon Dixon has been all over
• 1:17:11
  this. A lot of Bitcoiners have been
• 1:17:13
  all over this. But we are starting to see that
• 1:17:16
  there is a fork in the road right now.
• 1:17:18
  And there is captured Bitcoin, which is through these ETFs,
• 1:17:21
  through these Bitcoin treasury companies, you know, Wall Street
• 1:17:24
  capturing Bitcoin, capturing Bitcoin price exposure, and then
• 1:17:28
  everyone else that holds Bitcoin in self custody.
• 1:17:31
  And I think this is the battle that we're going to be on for
• 1:17:35
  the foreseeable future. It's fighting your own self so
• 1:17:38
  that you don't let give up your Bitcoin to get into these Wall
• 1:17:41
  Street products. As we saw and as we're seeing
• 1:17:45
  Wall Street essentially realize they can't stop this or the
• 1:17:48
  government or they whoever you want to say is those boogeyman
• 1:17:52
  out there. They have realized the
• 1:17:54
  corporatocracy, whether you know the whatever you want to call
• 1:17:57
  it, they have realized they cannot stop Bitcoin.
• 1:18:00
  So what is their next attack is getting in the middle of you and
• 1:18:04
  that Bitcoin and so you you got to do everything you can right
• 1:18:08
  now to make sure that you are taking Bitcoin into custody.
• 1:18:11
  Do not get swayed by the swan song.
• 1:18:14
  That's the siren song of Wall Street products for your Bitcoin
• 1:18:19
  because you need to be holding it in self custody.
• 1:18:22
  As Andres was saying, we are entering a future of digital
• 1:18:25
  currencies, whether that's a CBDC or a Bitcoin future.
• 1:18:29
  And then on top of that we are we're seeing a fork in the road
• 1:18:32
  right now between captured Bitcoin and self custody,
• 1:18:35
  sovereign Bitcoin and the majority of your Bitcoin.
• 1:18:39
  I would say all of your Bitcoin should be in self custody.
• 1:18:41
  Now I see why there's, you know, different use cases for people
• 1:18:44
  to use these Wall Street products.
• 1:18:46
  Say you have a 41K etcetera, but you got to make sure that you
• 1:18:50
  are self custodying your Bitcoin because if we like Nico's
• 1:18:53
  saying, you know, if we lose this fight, then the very thing
• 1:18:56
  we thought was going to free us is going to do the opposite.
• 1:18:59
  So again, make sure you're taking into self custody, you're
• 1:19:02
  telling everyone to take into self custody because that is the
• 1:19:04
  fight captured Bitcoin and truly self sovereign Bitcoin in self
• 1:19:09
  custody. That's the fight we're in.
• 1:19:11
  And I mean, a lot of our a lot of our friends and we love them
• 1:19:18
  are are shilling these treasury companies.
• 1:19:20
  I think we're probably like the only ones that are like, hey,
• 1:19:22
  we're covering the news, but. I I.
• 1:19:26
  I buy Bitcoin. I like it.
• 1:19:28
  So like, you know, to be clear, like I like, I like, you know,
• 1:19:32
  the treasury companies are cool. I just like you got to remember
• 1:19:35
  why we're here. Like the treasury companies were
• 1:19:38
  an inevitability of, of Bitcoin entering the traditional
• 1:19:42
  financial system. Like that was always going to
• 1:19:44
  happen, right? But you got to remember that
• 1:19:47
  Bitcoin is a revolution of the people.
• 1:19:49
  Bitcoin is a revolution of individuals.
• 1:19:52
  So like if you're an individual like you know, and you have the
• 1:19:56
  ability to buy spot Bitcoin and put into self custody like there
• 1:20:01
  is literally no effing reason as to why you should not do that.
• 1:20:07
  I I I can't look at you straight in the face and just take you
• 1:20:10
  seriously, right, like I just can't you know, and you know to
• 1:20:15
  each their own like some people. Oh, someone just became a
• 1:20:18
  member. I appreciate it.
• 1:20:20
  Thank you Skywalker. By the way, if you guys want to
• 1:20:22
  support the show even more, you guys could become.
• 1:20:25
  A member of the Simply Bitcoin channel and become a Simply
• 1:20:28
  Sovereign. I don't know why I named it
• 1:20:30
  that, but become Simply Sovereign to help support the
• 1:20:34
  show. We appreciate it.
• 1:20:36
  But anyways, guys, we still have a lot to cover.
• 1:20:39
  We're going to hit the culture segment.
• 1:20:40
  We're going to be right back in just a bit.
• 1:20:42
  After a few words, I want to give a shout out to our partner
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  All right, we're back. Oh man, let me get.
• 1:22:50
  Fixed All right, all right guys, our camera just keeps on
• 1:22:55
  focusing on us. But anyways, this is the culture
• 1:22:59
  and you know me, I, I can hijack this segment and then do what I
• 1:23:05
  want on it and, and I'm really I, I think I'm feeling a little
• 1:23:09
  sentimental guys. Obviously I was I was gone all
• 1:23:12
  week the first time. I haven't been on the show in
• 1:23:15
  like I don't even know for an extended period of time over a
• 1:23:18
  few years. I didn't actually get a break at
• 1:23:21
  all though. I just wasn't on the show.
• 1:23:24
  And I think I had a lot of time to like reflect on what we do
• 1:23:26
  here and and kind of our role in in what we are doing here.
• 1:23:32
  And my biggest take away, and I, and I've said this before, I
• 1:23:35
  think I even said it last week was when I was at mining
• 1:23:40
  disrupt, you know, doing work and stuff, a lot of you guys
• 1:23:44
  came up to me. I, I can't even, I can't even
• 1:23:47
  remember everyone that came up to me, but I but I got the
• 1:23:50
  general sentiment from it. And you know, Nico and I always
• 1:23:54
  forget that. Like you guys are people out
• 1:23:57
  there and we are a part of your lives.
• 1:23:59
  And the amount of people that came up to us and were like, you
• 1:24:01
  orange peeled me at like the darkest point of the bear market
• 1:24:05
  and like, I wouldn't be here without you.
• 1:24:08
  It really meant something to me. And I was sitting there like, Oh
• 1:24:11
  yeah, I remember why we do this. Like we are here every single
• 1:24:15
  day. Obviously not because it's just
• 1:24:17
  our business, but because we're trying to make sense out of all
• 1:24:20
  the crazy stuff going on. And, and I'll be the first one
• 1:24:23
  to tell you like I'm wrong all the time, but I'm here not only
• 1:24:27
  you like lecturing, I'm here learning with you.
• 1:24:30
  And I'm, I'm trying to cut through the noise and, and I, I
• 1:24:33
  really just feel grateful that we get to do this.
• 1:24:37
  And also that you guys come up to me and we're like, look, you
• 1:24:40
  know, you're not perfect, but you do do your best to try to
• 1:24:44
  cut through all of the noise and bring us to sing the signal
• 1:24:48
  every single day. And the amount of love they gave
• 1:24:50
  me of like you guys show up every day.
• 1:24:53
  I, I ask everyone if you see me in person, I, I always do the
• 1:24:56
  same thing. You know, you show me love.
• 1:24:58
  I'm like very appreciative. And I ask you most everyone the
• 1:25:01
  same thing. Like what do you love most about
• 1:25:02
  the show? And a lot of the take away that
• 1:25:05
  I got from people is obviously they love the entertainment,
• 1:25:07
  they love the news. But one of the things that I
• 1:25:10
  that really was surprising, everyone's like, I just love
• 1:25:13
  that you guys show up every single day.
• 1:25:15
  Try to give us the best signal possible.
• 1:25:18
  Like you guys are actually doing some good work here.
• 1:25:21
  And even if they're like, you know, F the haters and all this.
• 1:25:23
  And I'm like, man, thank you so much because that's all we
• 1:25:26
  really try to do. It's like, look, I don't think I
• 1:25:29
  know it all. I'm learning on the job with you
• 1:25:31
  guys every single day. And I'm trying to make sense of
• 1:25:35
  this. And This is why I think it's so
• 1:25:37
  authentic and you guys resonate with this is because we come out
• 1:25:40
  here and we're like, look, this is what I think is happening.
• 1:25:43
  I hold the right to be wrong. But it, it was just like amazing
• 1:25:47
  to see everyone out in Dallas and come up to us and be like,
• 1:25:50
  man, I love the show. I was reminded that it's not
• 1:25:53
  just numbers on YouTube or Rumble or Twitter.
• 1:25:56
  Like you guys are people. We're a part of your lives.
• 1:25:59
  You guys, you know, show up every single day.
• 1:26:02
  You guys watch the videos, even if we're not live.
• 1:26:04
  And you have made us a part of your lives.
• 1:26:07
  And to me, I'm just humble. I'm grateful, I'm super
• 1:26:10
  appreciative of it. And and it's really just a
• 1:26:13
  testament to what we've done, Nico.
• 1:26:15
  And while we were watching that Andres video, it just like
• 1:26:19
  reminded me of Andres did that for us.
• 1:26:23
  And now we're doing it for a whole new generation that got in
• 1:26:26
  maybe 202020222024 and we are their orange pill journey.
• 1:26:33
  And it just blows my mind, you know, like each one teach one.
• 1:26:36
  We are part of the new generation of, of getting more
• 1:26:39
  people on Bitcoin and it's just it's truly is humbling.
• 1:26:43
  I, I don't know, I'm ranting. I'm ranting at this point, but.
• 1:26:45
  No, I think it, I think you're 100% on the dot, dude.
• 1:26:48
  I mean like it's, it is pretty crazy.
• 1:26:51
  You know, for, for you, you guys have to understand, like for me
• 1:26:54
  and Opti, like we are interacting with each other most
• 1:26:58
  of the time, right? So, you know, we have our, for
• 1:27:01
  better or worse, we have our, we have our ritual in the morning
• 1:27:05
  to like prep the show and you know, it takes us about an hour
• 1:27:09
  and change. We have, you know, some team
• 1:27:13
  members that help us through it. And, you know, it's a process.
• 1:27:19
  It's not easy, right? And you know, when we go live,
• 1:27:27
  yeah, we see the numbers. So like we see the numbers on
• 1:27:31
  YouTube, we see the numbers on X, we see the numbers on Rumble.
• 1:27:36
  And that feels really good. Like obviously I'm not going to
• 1:27:39
  lie, but simultaneously you guys also have to understand that
• 1:27:45
  it's like, like, how do I put this?
• 1:27:52
  It's you know, it's just a number on a screen.
• 1:27:58
  Like I don't know what, you know, like if if you visualize
• 1:28:01
  it, it's like, Oh my God, you know, like, you know, I'm just,
• 1:28:05
  I'm just using the YouTube number for now.
• 1:28:07
  It's like 580 people watching. You put 580 people in a room.
• 1:28:12
  That's a lot of people, right? That's a lot of people.
• 1:28:15
  Like if you do like a like a Bitcoin event, you know, maybe
• 1:28:18
  20 people show up, right? Like maybe like a maybe 80, if
• 1:28:23
  the room is packed like 600 people, sometimes you have 1000
• 1:28:27
  people and that and that's like, you know, and then we see some
• 1:28:30
  pictures of like people watching us, like they'll post a picture
• 1:28:34
  of them watching us on TV or like stuff like that.
• 1:28:37
  So that is surreal to me as well.
• 1:28:41
  But when you guys see us in person and you guys go up to us
• 1:28:47
  and like spark a conversation with us, like you might know us,
• 1:28:52
  we don't know you, right? So like, you guys know our
• 1:28:56
  antics. You know, you guys know like our
• 1:28:59
  back and forth by now, but we have no idea who you are, right?
• 1:29:04
  So we're meeting you for the first time.
• 1:29:07
  And it's surreal to us because it's like, oh, like, you know, I
• 1:29:12
  had no idea. Like, like, you know, we were
• 1:29:15
  doing this right. So for us, it's extremely
• 1:29:18
  humbling. Every conference we go to,
• 1:29:23
  something very similar happens. And please keep doing that
• 1:29:29
  because it's it, it makes us understand why we do what we do,
• 1:29:34
  right? Because at the end of the day,
• 1:29:37
  you guys have to understand we don't see any of that.
• 1:29:41
  We see numbers on a screen. We see the numbers and we're
• 1:29:44
  like yo, that show did really well.
• 1:29:47
  But you know, like our shows when everything is said and
• 1:29:51
  done, get between 20 to 30,000 views and listens and everything
• 1:29:54
  each episode. Like I can't even that's like a
• 1:30:01
  that's like 2 NBA stadiums bro. Like, I don't even know what
• 1:30:04
  that means, right? Like I can't even conceptualize
• 1:30:07
  that mentally, right. So when you guys come up to us
• 1:30:12
  in person, it's like, oh, I get it now, right?
• 1:30:15
  I understand. I, I, I, there's a human
• 1:30:19
  element, this person, right? So it's extremely humbling to
• 1:30:24
  me. And it is to Opti as well and it
• 1:30:28
  is to our. Our whole team our.
• 1:30:30
  Whole crew. Dante Rustin, Sophie, you know
• 1:30:34
  all the all the crew in the back that make this happen.
• 1:30:40
  We have a we have a pretty decently sized crew guys, and
• 1:30:44
  every single one of them plays a role for to make this happen.
• 1:30:47
  So I do want to give a shout out to the entire simply Bitcoin
• 1:30:51
  crew because we wouldn't be here without all of you guys.
• 1:30:54
  So yeah, I mean. And the audience shout out to
• 1:30:57
  the audience. This is an audience
• 1:30:58
  appreciation. This is an audience appreciation
• 1:31:01
  shout out. I'm just trying to can you go
• 1:31:03
  wide shot again? It looks good.
• 1:31:06
  I don't know. I like the lighting.
• 1:31:08
  I think it's focused on. Yeah, yeah, yeah, yeah.
• 1:31:11
  We look clear here. The the the logo looks unclear,
• 1:31:15
  but it looks better. We gotta figure.
• 1:31:17
  This out but anyways guys we love you all we appreciate you
• 1:31:22
  all If you guys enjoyed today's show, smash the like button and
• 1:31:25
  consider subscribing share this with your friends.
• 1:31:27
  You want to know what if you guys really, really want to help
• 1:31:30
  us, obviously check out our partners, but share the show
• 1:31:34
  with your family and friends. Like help us break the echo
• 1:31:37
  chamber. Cause again, every time you
• 1:31:40
  share the show with someone outside of Bitcoin, it grows the
• 1:31:45
  movement, right? So it really, really helps our
• 1:31:49
  channel as well 'cause it's really hard to get out of this
• 1:31:52
  effing echo chamber. Cause at the end of the day,
• 1:31:54
  it's an echo chamber, like all Bitcoin content is made for
• 1:31:58
  other Bitcoiners, right? So our mission is to move the
• 1:32:02
  cultural needle for mainstream Bitcoin adoption worldwide.
• 1:32:06
  That's our mission. That's what we dedicate
• 1:32:08
  ourselves to. So help us fulfill that mission
• 1:32:13
  and share the show. Anyways, guys, until then, we
• 1:32:17
  love you all. We appreciate you all.
• 1:32:20
  Thank you guys so much. We wouldn't be here without you.
• 1:32:23
  And thank you guys for coming up to us at these conferences.
• 1:32:26
  We might look exhausted because we are exhausted, and we might
• 1:32:31
  look a little bit like discombobulated, but it's not
• 1:32:34
  because of you. It's because we're like,
• 1:32:36
  literally running on fumes on some of these, moderating,
• 1:32:42
  hosting, running the live show, setting everything up, putting
• 1:32:46
  everything down. Yeah.
• 1:32:49
  Anyways, love you all. I'll see you guys in the next
• 1:32:51
  one. Today's episode was brought to
• 1:32:53
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:32:57
  mission to enable financial independence.