Latest / Simply Bitcoin / BREAKING: $30 Trillion to Flow into Bitcoin in 2024-2025 | EP 891

Transcript

BREAKING: $30 Trillion to Flow into Bitcoin in 2024-2025 | EP 891 · Simply Bitcoin

0:06
It's all going to zero against Bitcoin.
0:09
It's going on forever. You're against Bitcoin.
0:19
You're against freedom yo. Welcome to Simply Bitcoin Live.
0:25
Your number one source for the peaceful Bitcoin revolution.
0:28
Cover breaking news, culture. Matic warfare.
0:29
We will be your guide through the separation of money and
0:32
state. Shout out to the best producer
0:34
in the game. Producer Jacob.
0:36
I am wearing a Santa hat. He thought it would be
0:38
appropriate for you know these these festive days these the
0:43
holiday season. I might I might wear it on
0:46
Friday on BTC sessions. Christmas special Friday.
0:50
I don't know. Let me let me know what you guys
0:52
think. In the comments today we're
0:54
going to talk about simply Santa.
0:56
I like that. I like that shout out of lane.
0:59
So today we're going to talk about, I mean the the elephant
1:03
in the room, right. You know, Bitcoin is gathering
1:06
so much momentum, so much positivity.
1:09
Wall Street is starting to market Bitcoin.
1:12
They came out with the Most Interesting Man in the World
1:14
commercial. I'm sure that there's going to
1:16
be much more commercials and it's going to be something
1:19
interesting because as Bitcoiners, we have always kind
1:22
of been in the shadows for the longest time, right?
1:25
But now it's starting to like kind of crossover into Wall
1:29
Street. And then of course, Wall Street
1:31
is going to try to sell it to, you know, to to the Main Street,
1:36
right. So they're going to come up with
1:37
all these, like, you know, commercials and they're going to
1:39
invest a lot of money. But it's kind of like different
1:41
than the, you know, the, the commercials for the crypto
1:44
exchanges that were commercials on the crypto exchanges
1:48
themselves. These are like, these are
1:50
commercials on Bitcoin. I mean not to be clear, not
1:53
Bitcoin, Bitcoin, but like Bitcoin ETF.
1:56
So it's like really promoting, you know, the Bitcoin ETF.
1:59
And I'm sure we're going to start to see more and more and
2:02
more of those. And then also Sailor saying the
2:06
choir part out loud, which is like, you know, Berkshire
2:08
Hathaway and Apple, you know, have more than $100 billion in
2:12
cash right now that they can invest.
2:15
And you know, of course, if you're sitting on all that cash,
2:18
it's like sitting on a melting ice cube.
2:22
And if you've seen how Michael Saylor's Bitcoin strategy has
2:27
performed over the last two or three years, it's an it's an
2:31
undeniable fact that the Bitcoin strategy is the way forward.
2:35
So what is the next public company to follow suit?
2:39
I don't know. We shall see.
2:41
But we'll we'll you know, we'll be on top of it for you guys and
2:45
the big news of today, which we're going to cover and this is
2:48
something that we're proud at simply Bitcoin.
2:51
We've been calling for the last couple of months.
2:53
We've been making the case that trillions of dollars are going
2:57
to go into into Bitcoin and that's because of these enormous
3:03
asset managers. And it's not only simply Bitcoin
3:07
that has said this. Now we had the grayscale CEO go
3:11
on CNNBC, which did quite a little bit of a a rebrand.
3:14
I don't know if you guys noticed these last couple days and he
3:18
said the quiet part out loud. He said that there's going to be
3:20
$30 trillion in advice in advised wealth that is going to
3:25
have the capability to buy Bitcoin.
3:27
Like talk, talk about a tsunami of capital that could
3:32
potentially be flowing in. And in other news, we're also
3:35
going to talk about this today as well.
3:37
Elizabeth Warren has been writing really, really mean
3:40
letters. She's losing the plot.
3:44
She's obviously, I would say scared or better said her.
3:48
Her, her donors are scared. And when I reference her donors,
3:53
I'm talking about her banking donors.
3:56
I think they're they're really, they're really terrified.
3:58
They're really scared. And like you know if you're
4:01
Jamie Dimon, if you're a traditional bank, you have a
4:04
problem with the younger generations if they can take
4:07
self custody. Because, you know, I speak for
4:10
myself as a millennial, I I, you know, and now that I've taken
4:13
Bitcoin as self custody, like the idea of of holding a large
4:17
sum of wealth, you know, in, in, in a bank is just so crazy to
4:24
me. You know, if it's not in self
4:27
custody, it would be weird. And could you imagine if like 20
4:31
to 30 to 40% of the population starts thinking that way, the
4:35
banks no longer have a business model at that point, right.
4:38
Because banks make money off of your money.
4:41
They use your money. They lend it out.
4:42
You know, they, they, you know, they rack in the interest.
4:45
They give you a little bit of it's kind of a joke to be
4:48
honest. But yeah, so of course Bitcoin
4:52
comes along and this is radical idea of people being able to
4:55
custody their wealth without the need of a bank.
4:59
And of course the banks are going to be like, yeah, it's not
5:02
going to fly. And what they're doing is
5:05
they're using lawfare, right. And they're using their allies
5:08
like Elizabeth Warren to do that.
5:10
Now what's really interesting, though, is that Elizabeth Warren
5:12
was like the figurehead or she was a big proponent of the
5:17
Occupy Wall Street movement. You know, when after the 2008,
5:22
2009 financial crisis, boy, have the times have changed.
5:25
What has changed? Elizabeth Warren.
5:27
It's funny. It's like, yeah, Occupy Wall
5:29
Street. And then Wall Street starts
5:31
becoming a donor. And then it's like, you know, I
5:34
love Wall Street, you know, F Bitcoin, you know, the actual
5:37
solution to the whole Occupy Wall Street thing.
5:39
Because that that whole movement started because of the 2008
5:42
financial crisis. And Bitcoin is the solution to
5:44
that. It's just funny, you know, It's
5:46
just funny how how life works like that.
5:49
So we're going to talk about all these subjects on today's show.
5:51
It's going to be a great show. Like I said, I'm feeling
5:54
festive. It's going to be a simply
5:56
Bitcoin holiday special for the rest of the week.
6:00
And just to remind you guys, we are going to be taking the last
6:05
week of December off. We're going to be taking it
6:08
easy. I haven't taken a break in three
6:10
years, so I'm going to be taking some time off.
6:13
Simply. I'm going to be taking some time
6:14
off Swan to just unplug from the Matrix and relax and so is Opti.
6:20
So just just to let you guys know that next week will be on
6:25
vacation. I guess you'd call that or
6:27
taking a break. Better said.
6:28
Anyways, I do want to bring up my legendary Co host up on
6:31
stage. He's always optimistic he will
6:34
be wearing a Christmas hat tomorrow, but he'll be wearing
6:37
an elf hat. No, no, no elf hat.
6:43
You should wear an elf hat. Anyways.
6:46
What's up everyone? How you doing this morning?
6:48
It's great to be back. It's great to be here.
6:51
You know, on that Elizabeth Warren point, Nico, You know,
6:55
it's very funny that it's very hard to bite the hand that feeds
6:59
you. You know, I I wonder, I wonder
7:02
where Elizabeth Warren got all this money from.
7:04
Things that make you say, hmm, I wonder, I wonder, I wonder,
7:11
Guys, this is literally, what's that Star Wars meme, You know,
7:14
Things going exactly as planned. That was a good comment.
7:20
That was a good comment. Things are going exactly as
7:23
planned, guys. We're we're seeing it play out
7:25
exactly as planned. And let's bore with my favorite,
7:30
favorite politician. I absolutely love the fact that
7:32
she's as terrified and makes me feel good and giddy inside
7:35
because I know we're winning Anyways.
7:38
Anyways, let's get into the show.
7:40
We do have a guest today, shouts out to Bevin Waite.
7:44
Rustin make a video about the elves bro.
7:47
Making him no. Why did I say that?
7:50
Oh man, oh man. Bevin, how you doing this
7:54
morning? Good to have you, bro.
7:56
Pretty good guys. Thanks for having me on the
7:58
show. Awesome, awesome.
8:00
So guys, Bevin is also a fellow Bitcoin content creator, so
8:04
we'll get into that. During the culture, what do you
8:07
always say, Nico cultures downstream or upstream from
8:09
politics? Which one?
8:10
It wasn't, actually. It was an Andrew Breitbart
8:13
quote, which is essentially politics is downstream from
8:18
culture. So if you want to win the
8:20
political, you want to win the political game, you got to win
8:23
the cultural game, right? Anyways.
8:25
Guys, make your own propaganda. This is the way this is.
8:29
The way this is the way. OK.
8:34
All right, Nika, let's get into the show.
8:35
We got it. We had a lot to talk about.
8:37
All right, let's do it. All right everybody, let's get
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the Bitcoin price is 41,980 SATS per dollar 2382 Block height
10:28
Opti blocks to having 18,000 and 40 I'm just kidding.
10:33
Block height 821,000, nine 821,961 Having estimate April
10:39
19th, 2024 Total Lightning Network capacity 5000 for
10:44
Bitcoin capacity value roughly 210 million U.S. dollars
10:48
Realized Monetary inflation 1.75% The market capitalization
10:53
of Bitcoin 820 and 821.5 billion U.S. dollars Bitcoin versus gold
10:59
market cap 6.0% In the grand scheme of things, Bitcoin is
11:04
still a tiny little baby and I can't wait for Bitcoin to
11:09
overtake the market cap of gold. And that number is sitting at
11:13
like 110 percent, 120%. One day, 200 percent, 300% is
11:16
going to feel really good. And I think maybe, maybe, maybe
11:20
then Peter Schiff will admit he he was wrong.
11:24
Maybe I doubt. He won't.
11:26
I doubt it. Yeah, I doubt it.
11:28
Anyways, here is the Venexio. He expects the Bitcoin price to
11:33
hit new all time highs in the next 12 months.
11:36
And again, the rebrand from CNNBC is interesting.
11:40
They've had the same branding for like like over a decade, so
11:44
it's a bit of a shock. Anyways, let's check out what he
11:47
has to say. Has Bitcoin already made the big
11:49
gains and now kind of treading? No, because it's also, it's
11:51
growing up. Like I said, it's like a child
11:53
that's growing up and so, so I, you know, you can argue about it
11:56
being a bubble and when I say it's no bubble.
11:57
So it bubbled in 2017, but then it hit all time highs in 2021.
12:01
So there's nothing has ever been a bubble that then has
12:03
outperformed itself. And so I fully expect in this
12:05
cycle and you have this happening thing happening in
12:07
April, which is great technically for Bitcoin.
12:09
I expect all time highs in the next 12 months.
12:11
So you guys are amongst those who have filed to have the first
12:14
or one of many spot Bitcoin ETF's.
12:15
How do you think they're going to prove it?
12:16
Literally one at a time, firm by firm.
12:18
Or is it going to be kind of a batch all at once?
12:20
Your ticker, I have to say to your credit, is HODL.
12:23
We're very happy with the ticker which we announced last week,
12:25
but I I very much expect it'll be all one day because that's
12:29
what happened with Ethereum futures.
12:30
So because the, you know, SEC decided to sort of put
12:33
everything on hold on crypto, just depending on paperwork,
12:36
effectively someone could have an unfair advantage.
12:38
And they've said from a policy perspective, no, let everyone
12:40
start at the same time. So a couple things there, right?
12:43
The ticker is going to be huddle, which is funny.
12:47
Second thing is, you know, you have this have anything
12:51
happening in the next 12 months. I'll be honest with you, I just,
12:56
I don't, I don't even know if Wall Street really understand.
12:59
Of course, you know, there's analysts and there's people that
13:02
do understand Bitcoin, but I don't think that they're
13:05
bitcoiners. I don't think that they really
13:06
appreciate what Bitcoin is, but it's just another example of
13:11
Bitcoin's incentives being so strong that they can't resist
13:15
it. Right?
13:16
Which is just beautiful to see. It's beautiful to watch.
13:19
And if you would have told me that this moment would have come
13:21
in 2017, I wouldn't have believed you.
13:26
Now here is the Grayscale CEO. He also went on CNNBC.
13:30
So you've been, you've been seeing like just them hammer
13:35
this point home on, you know, on the legacy financial media, just
13:41
they're they can't stop talking about Bitcoin.
13:44
That's bitcoins incentives for you.
13:47
You had Larry Fink say the other day, right.
13:50
You know it's a flight to quality, right?
13:52
You know, and then what, 3-4 years ago they were talking
13:56
about how this thing is useless and now it's boiling the oceans
13:59
and you know, and all this stuff, what's changed?
14:03
Nothing's changed. It's just, you know, if you
14:05
can't beat them, you join them, right?
14:07
So Wall Street is coming. I know a lot of Bitcoiners are
14:09
not a fan of that. But look, beauty on, I think
14:15
says it best. You know, I think bitcoiners,
14:18
really. I think some bitcoiners, to put
14:21
it more fairly, have you know, fallen in love with the, you
14:26
know, the Bitcoin of really till then, which is this Bitcoin that
14:33
has been semi accepted. It's kind of lived in the
14:36
shadows, You know it it really hasn't been accepted by the
14:43
traditional financial system or the traditional players.
14:47
It's been, you know, it's really been adopted by the people, by
14:51
the early adopters. But if you really want Bitcoin
14:55
to take over the world, as you know, we all want, we all want
14:59
this hyper bitcoinization, you're going to have to be OK
15:02
with, you know, these institutions wanting a piece of
15:05
the pie. Now the good news is that you
15:09
front ran them right, especially if you guys have been here, you
15:14
know, a couple years and you still have the opportunity to
15:17
front run them. You have about a month or so.
15:21
You know, you do want to front run the the spot Bitcoin ETF
15:26
because when that happens, I mean, you know, like Wall
15:29
Street's here essentially, you know, you have all this, you
15:31
know, institutional money coming in.
15:34
Anyways, here's the clip itself. It was kind of hard to find to
15:37
be honest, but I did end up finding it.
15:41
Let's check out what he has to say.
15:42
Saw from I mean it was as low as 17,000 list this year.
15:46
Sure, sure. Well, you know Joe, I'm not one
15:47
to make price predictions, but I do think there is a lot of
15:50
optimism again in the market. I think a lot of investors are
15:52
adding Bitcoin to their portfolios.
15:54
And when we look ahead to the hopeful approval for spot
15:56
Bitcoin ETFs, it really is going to unlock the opportunity to a
15:59
part of the investment community that for better or worse, but I
16:02
would say for worse has unfortunately been locked out of
16:05
the opportunity to participate in having Bitcoin exposure in
16:07
their portfolios. We're really talking about the
16:09
advise market here in the US, which is today about $30
16:12
trillion worth of advised wealth that we hope the approval let's
16:15
spot Bitcoin, ET adds. The UP listing of DBTC will
16:17
allow for that opportunity and for those investors to partake
16:20
in it as well. So I mean beautiful.
16:23
Just good news overall. And again, I can't emphasize
16:27
this enough. It's like, like, you know, it's
16:30
CNNBC interview after CNNBC interview after CNNBC interview.
16:35
The change in tune is just striking, right?
16:41
Opti remembers. I remember, you know like three
16:45
years ago they'd be like Bitcoin.
16:46
What is Bitcoin like that's so weird.
16:48
Like it's a it's a it's the money from the Internet Like how
16:51
strange it's not issued by the. I think it's a scam and now
16:55
they're like yeah, bitcoin's awesome.
16:57
You should definitely buy some you know so but yeah, a toxic
17:01
Sophie has a really good point which is never trust a GB, TC
17:05
paper Bitcoin company. And I want to emphasize that,
17:08
right, because at the end of the day, I think Alex Stanzic hosted
17:11
Cafe Bitcoin says the best where he calls it captured Bitcoin in
17:16
an ETF. And I do agree.
17:19
I think it is captured Bitcoin absolutely, 100%.
17:21
It's not real Bitcoin. Like it it I, I would consider
17:26
if you don't have Bitcoin in self custody, like if it's not
17:29
in in self custody, then is it really yours?
17:32
That's, that's what I got to say.
17:34
Anyways. Opti, what's your take on all
17:35
this? And then we'll pass it on to our
17:37
guest. Yeah, yeah.
17:38
I mean, first and foremost, there was a few things that were
17:41
said in that video that we've been saying all year.
17:43
I know a lot of big corners have been, I guess just being tired
17:48
that, you know they're they've been bombarded with so much
17:50
macro stuff and and everyone's doing like the macro, macro,
17:53
macro meme on Twitter because like that is where we are right
17:56
now in the Bitcoin story. And I forget who the first
18:00
person was in that video, Nico, so you can correct me.
18:03
But he basically said what we've been saying all year.
18:05
It's like Bitcoin is maturing and for better or worse this is
18:08
where we are guys. And so the quote, UN quote
18:12
adults in the room, they're looking at Bitcoin now.
18:15
They want Bitcoin exposure and now they're like OK, hey this,
18:19
this industry is mature enough for us to allocate some capital
18:22
into it. And what the grayscale guy at
18:26
the end he he said basically you know there's $30 trillion
18:29
eligible to get into Bitcoin. Obviously it's not going to flow
18:32
into Bitcoin like right away, but at a certain point a lot of
18:35
that capital will flow into Bitcoin.
18:37
And remember Bitcoin is not even a trillion dollar market cap
18:39
right now. Like it's got beat up this bear
18:42
market we've been building in a bear market guys all you guys
18:45
have front run the institutions and Wall Street and remember
18:51
like we saw the most interesting man in the world commercial
18:53
yesterday and Wall Street and them they're going to spend
18:57
millions of dollars to educate their clients their their their
19:01
customers out there like they're going to do such such good
19:05
education and ads for us it's going to be it's going to be
19:08
incredible and and Nico you said like you only have a month to
19:11
front run these institutions. I might push back on that.
19:15
I think I think we're gonna have a lot longer to front run
19:20
because like I don't think they're necessarily here to play
19:23
the accumulation game of Bitcoin.
19:25
I don't think a lot of them want to have Bitcoin in custody.
19:28
They just want that Fiat games. And so while they're paying, no,
19:32
no, no. Why?
19:33
They're playing, why they're playing hot potato and musical
19:35
chairs with Fiat and Bitcoin. You just accumulate Bitcoin, you
19:40
play Hungry Hippo, you take Bitcoin into cold storage and
19:43
hey, you'll you still will get the, you know, the price
19:47
appreciation. But like, they can have The
19:50
Dirty, worthless paper money while we'll take Bitcoin.
19:53
And this game is going to go on until everyone realizes what the
19:57
real game is. It's just which is accumulating
19:59
as much Bitcoin as possible. Yes, you know, we all want to
20:02
increase our purchasing power. But hey, they they can take the
20:06
Fiat games. Like while they're going to be
20:08
stuck in their Fiat Trad 5 vehicles, we're going to be
20:12
taking Bitcoin into custody. We will call their bluff, and at
20:15
a certain point they'll realize that we were right, that they
20:18
needed to take Bitcoin into custody, that it's not just
20:21
about price exposure. And hey, they'll do all the
20:24
education for us. They will pump our bags for us.
20:27
They will. They will do all the, you know,
20:29
maturing and and legitimizing of Bitcoin while we just continue
20:34
to siphon and the game away and stack as much Bitcoin as
20:37
possible. It's it's such a beautiful game
20:40
that's playing out because the asymmetry that we still have as
20:43
bitcoiners, I don't think that that's going to go away in a
20:46
month once institutions start to come in, we're going to be
20:48
playing the same cycle. Remember how long it took you to
20:51
realize that, oh, the game is not about Fiat games, it's about
20:54
accumulating Bitcoin. Well, now the biggest asset
20:57
managers in the world are have to are going to have to play
20:59
that game themselves. Everyone on Wall Street's going
21:01
to have to learn the game for themselves, either the easy way
21:04
or the hard way. But they're all going to have to
21:06
learn that they want to hold some Bitcoin in custody and not
21:09
just have exposure to the price. But hey, you know, people are
21:13
still inundated with the with the disease of Fiat money.
21:16
And here we are, we're the front lines.
21:19
We're the ones taking Bitcoin into custody.
21:21
So it's going to be a beautiful game.
21:23
I I think we still have a lot more time to front run these
21:26
institutions even though they're now getting into it.
21:29
I'm I'm not, I'm going to say we're front running them until
21:31
they're like ardent bitcoiners until they want only Bitcoin.
21:36
We're still going to be front running.
21:37
We still have the asymmetric knowledge out there.
21:39
So just continue to stack. Guys, don't take your foot off
21:41
the gas Next year is going to get crazy.
21:43
The price is going to get crazy. We're going to see so much
21:46
capital go into Bitcoin, but you still have the advantage because
21:50
you want Bitcoin, not dollars. And this is the way.
21:53
This is how you win. Absolutely, 100%.
21:56
I do want to give a shout out to the Rumble chat.
21:58
There's an absolutely hilarious comment in there.
22:01
It said Bitcoin kicked ESG in the nuts.
22:05
Shout out the more, Rand shout. Out the more Rand.
22:07
Also guys, we really appreciate you watching the show.
22:10
If you're enjoying the show, make sure to smash that like
22:12
when we we did break 2000 followers on Rumble.
22:15
So shout out to the Rumble crew of course shout out shout out to
22:20
the YouTube crew. And of course, shout out to
22:22
everyone watching us on X, formerly known as Twitter.
22:25
Sure. And if you guys like I said, if
22:26
you guys are enjoying the show, make sure to drop a comment,
22:29
leave a like. It really helps with the
22:31
algorithm algorithm. Wow, Nika's shilling shit coins
22:36
already. Algorithms, the algo, the algo,
22:40
the algo. It really helps with the algo
22:42
anyways, what does our guest think?
22:44
What's up, man? Well, it's really crazy that
22:47
like, all the institutions are coming in now.
22:50
I remember back in 2020 when Michael Saylor was like, you
22:52
know, starting to buy Bitcoin and everyone was talking about
22:55
institutions are going to follow.
22:56
They're just kind of like snowball after him.
22:58
And that didn't really happen. And kind of the same thing with
23:01
El Salvador adopting Bitcoin. Everyone was thinking that like,
23:04
you know, there's just going to be this cascade of countries
23:06
that come after it. And it turns out it's taking a
23:08
little bit more time. But I think that's OK Like, you
23:11
know, as bitcoiners like the only thing we have is time and
23:15
we just want to stack as much as possible.
23:17
So if if we can have more time to stack before the institutions
23:21
come in, I think that's a win for us.
23:23
But you know, of course everyone wants to see number go up, so
23:27
once that money starts flowing in and the number starts going
23:30
up, it's going to feel really crazy.
23:32
But yeah, you know, another point too is that like Bitcoin
23:35
is, you know, there's never really a bad time to buy Bitcoin
23:38
unless it's like at the top of the market and you don't want to
23:42
hold for over 4 years. But you know, when bitcoin's
23:46
over $100,000, when Bitcoin's $1,000,000, like it's still
23:48
going to be a good time to buy it because it will still
23:51
continue to go up over time after that.
23:54
So I think that's an important thing to note.
23:57
You know, even though we're front and running the
23:59
institutions right now, that's going to feel really good in the
24:01
long term. Even if you don't front run the
24:03
institutions, it's still going to be a good idea to buy
24:05
Bitcoin. Yeah I couldn't agree more.
24:08
I, I I always say that as well. Like always buy Bitcoin,
24:11
continuously buy Bitcoin, constantly buy Bitcoin.
24:14
I I really don't believe in a bad time to buy Bitcoin.
24:18
Of course, you know like if you're new to the market and you
24:20
buy a local top like you're going to be like my friend
24:23
scammy. But as as me and my friends
24:27
always say is like we buy local tops as historical time stamps
24:31
of buying Bitcoin, so like it, it's just part of the game.
24:34
There's no there's no wrong time to buy Bitcoin.
24:37
Someone in the comments like did my boy said algorithm you did
24:41
you did I say I what is isn't that like a planet?
24:44
A shit coin. I think it's a shit coin.
24:46
Yeah, it's a it's a shit coin, yeah.
24:47
Oh. God.
24:49
Algorithm, algorithm algorithm Algorithm Algorithm algorithm.
24:56
Anyways, yeah, yeah, it's a good talk, good conversation.
25:00
I'm really enjoying it. Anyways, I do want to give a
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27:44
Anyways, so there we go. Anyways guys we are going to
27:51
talk about one of bitcoins biggest opponents here in the US
27:58
right now Elizabeth Warren who is really acting on you know on
28:04
behest of on on behalf of her donors and of course that's
28:08
that's you know the big the banks she sits on the on the on
28:14
the Senate Banking Committee and she her her bill would
28:19
essentially ban outlaw Bitcoin in the United States.
28:23
The quote UN quote anti money laundering act.
28:26
Not to mention all the fact all the times that she showed up on
28:28
TV the last couple weeks she's gotten the CEO of EU s s largest
28:34
bank JP Morgan Chase to testify in front of Congress calling for
28:40
a global ban on Bitcoin. So yeah she she's been on a
28:45
warpath. I'm not going to lie.
28:47
And you know this bill has 20 senators signed up.
28:52
So you know the Senate has 100 senators 20.
28:54
It's like 20% of signed up for banning Bitcoin in the US.
28:59
Elizabeth Warren is no joke, right?
29:01
She she's really taking this seriously.
29:03
She really wants to take the honey badger down.
29:07
I tweeted out this morning and it actually did pretty well.
29:10
So I'm gonna, I'm gonna, I think, I think I can remember it
29:13
off the top of my head. But essentially what I said is
29:16
Elizabeth Warren is not worried that criminals are going to use
29:19
Bitcoin. Elizabeth Warren is scared that
29:22
everyone else will. And I think that's really,
29:25
really what this is about. Now.
29:27
Elizabeth Warren has been writing some very, very angry
29:31
letters to supporters of Bitcoin all around the world.
29:36
The first one was to Elizabeth Warren pushes back at blockchain
29:41
lobbing efforts. The Blockchain Association's
29:45
effort to lobby the US Congress, in what political called a not
29:49
so secret weapon, is an affront to efforts to stop Hamas and
29:54
other terrorist groups using crypto to finance themselves.
29:58
See now see that this is the thing that pisses me off so much
30:04
is that we know that that article that she's referring to
30:07
is bullshit. Like it was debunked even in
30:13
congressional testimony. Like Cynthia Lummus wiped the
30:16
floor with it. You had multiple professional
30:21
people giving testimony. They're saying that's not true.
30:25
The Cynthia Lummus graphic, which we've pulled up like 100
30:28
times on this show that literally shows that 99% of
30:32
illicit finances is is done with the traditional banking system
30:37
and only in less than 1% of illicit finance uses quote UN
30:43
quote crypto. But she just keeps going with
30:46
the with the narrative even though it's bullshit.
30:48
And This is why it was like and This is why like I remember I
30:52
remember like it was yesterday and like Opti was like texting
30:54
me. He's like Nikko breathe but I
30:56
knew what was coming. That's why I couldn't breathe.
30:59
Which was the the DOJ press conference with Binance.
31:03
I highly If you guys haven't watched it, I highly recommend
31:06
watching it. Literally that entire press
31:09
conference. Every single.
31:11
And they were heavy hitters, right?
31:13
You had Janet Yellen, you had Garland, You know, you had like,
31:16
you know, the top echelons of the of of the US bureaucracy.
31:21
And they mentioned terrorism like 50 times.
31:26
I'm exaggerating, but they mentioned terrorism a lot.
31:29
What does terrorism have to do with the shit coin exchange?
31:35
Right. You could say that, you know,
31:36
there is some type of connection.
31:40
But the amount of times that they said it, and I said this
31:43
when I was hosting the swan spaces and I was like starstruck
31:47
and I was like, they're going to try to ban self custody in the
31:51
US It was so obvious what they're going to try to do.
31:54
And then of course, two or three weeks later, you know, now we
31:58
know that's exactly what they were trying to do.
32:00
So, like, I make no mistake, like this is a coordinated
32:03
effort. And of course I think it's
32:06
Senator. Senator Elizabeth Warren is the,
32:08
the figurehead of that. And now she's going after
32:12
lobbying. So she's like, you can't even
32:14
lobby for the industry. No, you can't even do that
32:17
either. So I go to something to say.
32:19
I write regarding a troubling new report that your association
32:24
and other crypto interests are working to undermine bipartisan
32:28
efforts in Congress and the Biden administration to address
32:31
the role of cryptocurrency and financing Hamas and other
32:35
terrorist organizations. The narrative that crypto
32:39
provides material support to Hamas, however, has been
32:42
disproven. Blockchain analytics firm
32:45
contest the Wall Street Journal article claims of extensive
32:49
crypto funding that Warren cites in her letter saying the actual
32:52
amount is in the thousands of dollars rather than 10s of
32:56
1,000,000. But do you see how she keeps
32:58
going even though it was debunked?
33:00
Even the Wall Street Journal article offered a correction.
33:07
It doesn't matter. She keeps going with the because
33:09
that's she needs the narrative. Without that narrative, it's
33:13
like, I just want to ban it because it's a competition
33:16
against banks in the US dollar. Like, that's the reality.
33:19
But she can't say that. So it's terrorism, right?
33:23
And remember, terrorism, right, was used to pass the Patriot
33:27
Act. So it's like you always need the
33:31
boogeyman. You always need that.
33:33
Like, Oh my God, I need the government to come save me from
33:36
this, you know, from this thing. So I have to give up my freedoms
33:39
in order for that to happen. So it goes on to say US
33:43
lawmakers have asked President Biden and Treasury Secretary
33:46
Yellen to assess the extent of cryptocurrency used by Hamas for
33:49
fundraising. Amidst debates about the scale
33:52
and impact of such activities, quote, the response of the
33:55
crypto industry appears to be focused on delaying or denying
33:58
new rules that would restrict crypto's use by terrorists and
34:02
criminals. Yeah, but again, like
34:05
misrepresentation, right? Because her bill right, doesn't
34:10
address all the illicit finance that's happening in the
34:13
traditional financial system. And her bill would essentially
34:17
force minors, validators and open source software developers
34:24
to KYC, essentially, which is impossible.
34:28
So that's why it would be a de facto ban.
34:30
This is just, this is absurd at this point.
34:34
But I'm, I'm telling you, ladies and gentlemen, this would not be
34:36
happening if we weren't winning. Like if we were winning, if we
34:41
were losing. We wouldn't hear anything.
34:44
But it's because we're winning. And American Huddle pointed
34:46
something out the other day which I think was very astute.
34:49
And he's like, it's not a coincidence that they're trying
34:52
to ban self custody. Self custody on the verge of the
34:55
ETF approval. That's not a coincidence.
34:58
And remember it, ladies and gentlemen, without self custody,
35:01
the revolution is no more. It's over.
35:04
It's done. Bitcoin has been captured.
35:06
Self custody is the revolution. That is what changes the whole
35:11
power dynamics, right? It changes.
35:14
It's so consequential that it fundamentally changes the
35:17
relationship between the state and the individual.
35:21
Because the state's return on violence, there's no amount of F
35:28
sixteens and aircraft carriers that's going to break.
35:31
You know, a a a Bitcoin private key can't you can't brute force
35:35
your way in. So it changes the dynamics of
35:38
the situation. I really think that's what it's
35:40
about fundamentally. And if you're a, a, a, a, you
35:45
know, a government, a government bureaucrat or a politician that
35:50
has been benefiting from the current system and then comes
35:54
this other system that was born out of reaction to the current
35:59
system being so fundamentally broken.
36:04
Of course you're not going to like it.
36:06
It's of course you're not going to.
36:07
It's it's not for you anyways, Pierre Rashard says.
36:12
When you start sending angry letters at trade associations to
36:16
try to intimidate them into silence, you've lost.
36:20
And here's Pierre Rashard. Former public servants and
36:23
veterans who choose to do Bitcoin advocacy, are mission
36:26
oriented. The letter, in purging their
36:29
integrity, may reflect the difficulties Senator Elizabeth
36:32
Warren is facing in Congress. And look, as more time goes by,
36:38
the lie we have to call it for what it is, OK?
36:42
The lie that that somehow that, you know, terrorist funding, a
36:49
large part of terrorist funding is coming from Bitcoin and
36:52
crypto. The more she sits on that lie,
36:55
the more the lie will get exposed, right?
36:58
Like the fact that she's so blatant about it and she keeps
37:00
doubling down even though we know it's false, tells me that
37:04
she has nothing to stand on. So I do agree with Pierre.
37:07
Now shout out to Peter McCormack and his podcast with Bitcoin
37:10
did, and essentially he interviewed this person called
37:17
Opti. Can you help me with that
37:18
pronunciation, please? I think it's Perian.
37:22
Perian. Perian.
37:23
Who's the founder and CEO of Digital Chamber, advocate for
37:26
Bitcoin And some interesting things were said, but here's the
37:32
quote. Senator Marshall.
37:34
Played in the background while I read the quote says the American
37:37
the American Bankers Association wrote the bill.
37:40
The fight is happening now. Things have really heated up and
37:44
I think we're in the and then they fight you stage and then we
37:48
win and I think we're clearly winning and I and I
37:51
fundamentally agree, I I agree 1000%.
37:55
So shout out to Peter. You should play the whole clip,
37:58
bro. Maybe there's maybe there's a
38:00
reason why you why you're not, but it's a good clip.
38:03
It's a good clip. Should we play it?
38:05
OK, well, I I do want to give. I do want to give credit to
38:08
Peter. This is from what Bitcoin did go
38:10
go listen to episode What Bitcoin Did 750 if you guys want
38:15
to listen to the entire episode. But here's a clip from that
38:17
episode. Senator Marshall talked about
38:21
the bill the digital asset anti money laundering legislation
38:25
which I'm calling AKA the banned crypto in the United States Bill
38:30
he he shared and I don't think this was known but he shared
38:35
that the American Bankers Association wrote the bill.
38:40
So he said and we we have a recording of it.
38:44
We we will be releasing it soon so you can see it in here with
38:48
your own eyes. But he said, you know, we're
38:50
concerned about illicit finance with crypto.
38:52
So the first thing we did is we went to the American Bankers
38:55
Association and said how do we fix the issue?
38:57
And that's where the bill came from.
39:00
So that's that's now been shared privately soon to be made
39:04
publicly known by eyes. And at the, you know, The funny
39:10
thing, the crazy thing he had, you know, his notes that his
39:13
staff wrote them. So he's at the podium.
39:15
He forgot the name of the bill. He stumbles through just even
39:20
saying the name of the bill. So you know you can kind of tell
39:23
he's relying on other people to, you know pull this legislative
39:28
initiative together. He doesn't get the name right,
39:30
stumbles through it says yeah, we went to the banks, the
39:34
American Bankers Association you know you know got us the, the
39:37
language. And then he ends his talk by oh
39:41
and that's really all I know about crypto.
39:43
So he also devotes like he doesn't he.
39:45
He doesn't have an understanding of the technology itself.
39:49
So it's. I mean, I'll, I'll, I'll stop it
39:52
there guys. Check out, check out the, you
39:54
know, check it. Like I said check out, check out
39:56
the whole podcast What Bitcoin Did 750 with Peter McCormack
40:01
when he interviews his guest. If you guys want to listen to
40:03
the whole thing. But you guys get the whole the
40:06
gist of it right? Which is just so ridiculous.
40:10
And here are other responses. So here's Jerry Brito.
40:12
Jerry Brito is part of Coin Center.
40:15
And you know, Elizabeth Warren sent them a very angry letter.
40:18
Oh, and this one is actually, like, titled to him.
40:20
Mr. Brito, I'm going to, I'm going to read it like an angry
40:24
Karen. OK, so I apologize beforehand.
40:28
Dear Mr. Brito, I write regarding a troubling new report
40:31
that your organization and other crypto interests are flexing a
40:35
not so secret weapon, a small army of former defense, national
40:39
security and law enforcement officials to work on your behalf
40:42
to undermine my bipartisan efforts in Congress, the Biden
40:45
administration to address the role of cryptocurrency and
40:48
financing on US and other terrorist organizations.
40:50
All right, you guys get the gist of it.
40:52
I mean, it is kind of a bit of a copy paste, right?
40:54
It seems like she sent the same letter to a lot of people and
40:59
here is Niraj and he also part of Coin Center.
41:05
They do a great job, and this is what he responded.
41:11
Engaging like minded experts to advocate against legislative
41:15
proposals that one sincerely believes are unconstitutional
41:18
and detrimental to the nation's welfare does not constitute
41:22
undermining bipartisan, bipartisan efforts in Congress.
41:25
Rather rather, it is the exercise of the fundamental
41:28
right to freely associate and petition the government.
41:33
It's everyone's right, and no one should apologize for doing
41:36
it. Resorting to questioning motives
41:38
often reflects an inability to prevail on the merits of an
41:41
argument itself. What a effing Chad, bro.
41:45
What a Chad. What a Chad response, dude, what
41:48
a Chad response. And I think that's the signal,
41:51
right? What the coin center fellas
41:54
pointed out pointed out what Peter's guessed.
41:58
It said on what Bitcoin did, We're winning.
42:03
And because we're winning, you're starting to see panic.
42:07
And they're relying on lies. They're they're relying on
42:11
misrepresentations of data and facts in order to, you know,
42:18
propel or push forward a political goal.
42:22
But it's crazy. And it would be a very, very sad
42:25
day in America, you know, if this thing were to pass.
42:29
Because it it passing is based on a misrepresentation of data,
42:35
misrepresentation of of facts, and they're lying about it and
42:39
they don't care that they're lying.
42:41
What's the What's the what's the The thing that we always say
42:43
OPTI, it's like. I forgot they're like.
42:46
We know they're lying. They know they're lying.
42:48
They know we, they know we know they're lying and they're lying
42:52
anyways, right? It's it's like that's where we
42:54
are in the movie. But that tells you how powerful
42:58
this is, right? They they essentially want to
43:01
ban your ability to write down 12 words in the US like that.
43:05
That's how scared they are of it.
43:07
Which is just it's it's just crazy to see what a wild time to
43:11
to to be living through. Anyways, I do want to get our
43:14
guests thoughts. I went on a bit of a ramble
43:16
covering this very, very this very deep topic.
43:21
What are your thoughts, man? Well, I feel like Elizabeth
43:26
Warren is like a a toddler starting to have a tantrum, and
43:30
that tantrum will come with more Bitcoin adoption.
43:33
When she sees that what her efforts to you know squash this
43:37
thing aren't really working. I think her everything that
43:41
she's saying is is going to get louder and louder and louder and
43:44
she's going to start yelling louder and louder and it I I
43:47
personally don't think it's gonna work.
43:50
I think I can't remember the exact number but like it like
43:55
the opposite of BlackRock. You know how BlackRock has
43:57
applied for like so many ETFs and only one has been rejected.
44:00
I feel like Elizabeth Warren has like proposed like 70 plus bills
44:04
and none of them have been like made into law.
44:08
So personally it doesn't really make me that concerned.
44:11
It it does. It's just a little unfortunate
44:16
that the US is kind of taking this approach.
44:20
And it's really unfortunate to see the degradation of, like,
44:24
her integrity over the years. You know, like she started by
44:28
supporting the Occupy Wall Street movement.
44:30
She was against big banks and, you know, the conglomeration of,
44:35
like, massive corporations and monopolies.
44:38
And so in theory, like, all that stuff is good, right?
44:41
You know, power to the people. But she should love Bitcoin.
44:44
She should love why Bitcoin gives power back to the people.
44:50
But I think she's just gone so far down the government rabbit
44:54
hole and been corrupted by money.
44:57
And I, you know, I'm, I'm done. I'm not an expert so I don't
45:00
know how much I I should say, but I I just feel like it's a
45:06
missed opportunity for her to go the path that she's going.
45:11
Yeah, I mean, you know, and and and then again, like it, it
45:15
makes you question like, was she ever for Occupy Wall Street or
45:20
was she an opportunist? That's.
45:23
A good question, I don't know. Like, because from my
45:26
perspective, it looks like she was an opportunist, right?
45:29
Like, I don't think that she was ever for the things that she
45:32
said she was for because that, like, if she was really for
45:36
those things that she would stand for Bitcoin, right?
45:38
Because, you know, Bitcoin is like I, in my opinion, one of
45:44
the best things for the middle class, you know, apparently
45:48
that's what she stands for, but I don't think so, right?
45:52
She she she wants people to to Did they add Twitter comments on
45:58
here? Yeah, yeah.
45:59
Holy cow. Let's pop it up.
46:02
Look at that. I've been popping them up.
46:04
I've been popping them up. OK, that's pretty cool.
46:09
Anyways, so but yeah, I mean it. It's it's a shame.
46:14
Opti, you dated her. What do you think?
46:20
Well, well, first before before we get into this like Elizabeth
46:25
Warren, I kind of want to touch on a few things like that.
46:29
Guys go definitely watch that clip from what Bitcoin Did Peter
46:34
Mccormick's podcast with I I I forget her name.
46:36
But Perry Ann, it it's so telling.
46:39
And we've been saying this all year, like, ever since Elizabeth
46:42
Warren's got on our radar. You know, we've been hinting and
46:45
joking at the idea that like, oh, I wonder who's paying her.
46:48
I wonder who she's lobbying for. And now we have more and more
46:52
evidence that she's obviously not doing what's best for the
46:55
citizenry. She's not here to protect you
46:57
guys. She's just playing cover for the
47:00
big banks. And, you know, at times we were
47:01
speculating who's actually playing cover for the big banks.
47:04
And I think we know for sure that it's Elizabeth Warren and
47:06
Co, And like Hoddle said, I don't think it's a coincidence
47:11
that Elizabeth Warren's comes out at the very same time that
47:14
we are about to prove a spot Bitcoin ETF.
47:17
And then I think yesterday we got news that BlackRock is not
47:21
going to be able to redeem their spot Bitcoin ETF for Bitcoin.
47:25
They're only going to do it for cash.
47:27
These are the things that make you say whom, I wonder what
47:29
they're actually doing. Guys, it's very easy.
47:31
They want you guys custodying, you know, quote UN quote,
47:35
custodying your Bitcoin with them.
47:36
They want to continue to maintain their middleman
47:39
privilege. We see the game, this is the 5D
47:42
chess match going on guys. So do not fall for this like oh,
47:45
we're here to protect the little guy.
47:46
And then in response to the blockchain association letter,
47:51
did you guys see on Twitter that like some semi renowned
47:55
economist was basically saying like if you are into crypto,
47:58
you're a traitor to? America or something.
48:01
Like, like, this is the next level of fun that we're going to
48:05
be seeing now. We're like as an American.
48:09
I gotta say, though, hold on. I'm sorry to interrupt you,
48:11
Opti. We fucking called this shit.
48:14
We called this like a year and a half ago.
48:17
We're like, they're gonna, you know, I, I, I, I said this.
48:19
What? What did I say exactly?
48:20
I said they're gonna tell you that holding Bitcoin is a danger
48:25
to national security. Yeah, and we're already there.
48:28
They're already laying the groundwork for that.
48:30
And it's like, it's absolutely incredible, like these
48:32
politicians, they're they're supposed to uphold the first,
48:36
second, you know, all the amendments.
48:38
This is literally. That's what I'm saying.
48:41
They they do not care about the Constitution.
48:43
This is a First Amendment issue. Like Elizabeth Warren's trying
48:46
to ban you remembering words like I thought this is a freedom
48:49
of speech issue. I thought I can say and do what
48:51
I want in the home of the brave land of the free.
48:53
And here we are. They're telling us, oh, you're
48:55
too dumb to hold your own money. You know you got to trust the
48:58
banks here. Like this is absolutely
48:59
ridiculous. And of course they're going to
49:01
angle this so that all the capital and all the people
49:05
holding Bitcoin is in an ETF so that the game keeps going as
49:08
normal. And and they can seize it
49:11
whenever they want. Like that's the that.
49:13
I think that's the exactly. That's the racket, essentially.
49:16
And and then just like doubling down on this guys and and being
49:19
a little preemptive and understanding where this is
49:22
going and and and basically having one of those, like we
49:24
called it moments again, like we know where this is going to go.
49:28
The FUD is going to get even louder.
49:30
They're going to call us even even more heinous criminal.
49:34
Just remember why we do this. It's to literally stop them from
49:37
stealing from us. Like the fact that the criminals
49:40
out there, the true criminals are afraid of you holding your
49:43
Bitcoin just shows why Bitcoin is so important in the 1st
49:46
place. The fact that big banks don't
49:48
want you to hold Bitcoin. The fact that big banks have to
49:50
go out here and and and roll out this this parade about like how
49:55
Bitcoin is dangerous and and they're in the back ends working
49:58
on the bill guys. It just shows that we're so
50:01
right like Bitcoin, you know in the in the vein of Elizabeth
50:04
Warren Bitcoin is the true Occupy Wall Street and they're
50:07
absolutely terrified about it. This is why you custody your
50:10
Bitcoin. This is why you teach everyone
50:12
around you that they need to hold some Bitcoin because it it
50:15
breaks their monopoly on money and they're absolutely terrified
50:19
they're doing whatever they can scrambling to control
50:22
information again and they're losing And it just it's so
50:26
freaking awesome to be a bitcoiner to see all this stuff
50:29
play out again. We say it all the time.
50:31
Once you have the Bitcoin fundamentals and you look
50:34
through the Bitcoin lens and and you have these these.
50:40
The bugles. The bugles.
50:41
Emailing me right now. They're DM ING me right now.
50:43
Oh. Oh wait, are they breaking news?
50:46
Breaking news? Opti talking to Christy again.
50:49
I got the Bugle hitting me up right now.
50:51
I I lost my train of thought. I lost my train of thought.
50:55
The Bugle article just dropped DOJ launches formal
50:58
investigation into Elizabeth Warren, citing her stance on
51:00
Bitcoin as suspicious. The Bugle is the best journalist
51:03
in the game, apparently, but it doesn't meant it.
51:07
Just goes to show how ridiculous this whole thing is is where the
51:10
very people that are robbing from you are telling you that
51:13
you're the criminal, like couldn't make this stuff up.
51:16
This is the very reason for Bitcoins existence in the first
51:18
place. And yet it's only going to get
51:21
in. It's only going to intensify.
51:22
So just buckle down. Understand that they're going to
51:25
paint you as a criminal, Continue to take Bitcoin into
51:27
custody. Like, I I wouldn't be in this if
51:30
the Elizabeth Warrens of the world weren't calling me a I
51:33
don't even know at this point. She's been calling us, what?
51:36
Illiterate finance, Sears. I don't know, AD IQ, you know,
51:42
money launderers, financial criminals.
51:44
Now we're traders like just keep them coming, dude, just keep it
51:48
coming. I love all the branding that
51:50
they're giving us. You know, they I take it and run
51:52
with it. She can't stop this.
51:55
Like, like Bevin said, it it is very disappointing to see how
51:59
the US government is responding to Bitcoin.
52:03
I'm not surprised, considering that they are in a position to
52:07
lose it all if they aren't, you know, holding their cards
52:10
correctly. And this is the game.
52:12
Guys just know that this is what's happening and it's no
52:15
longer us just speculating on if this is the reason.
52:17
Like, in their own words, they're telling us exactly what
52:20
we've been saying. They're going to call you
52:22
criminals, they're going to call you traitors, They're going to
52:24
call you money launderers because the pot is calling.
52:28
What's it the pot is calling the?
52:31
I don't know. They're basically projecting, is
52:33
what I'm saying. Anyways, let's get into the
52:36
culture, Nico, unless you want to jump some.
52:38
Oh yeah, shadowy super coders. Wow, how can I forget that one
52:42
man, man? Yeah, she she, I don't know,
52:44
dude. I think.
52:45
I think she's racist against bitcoiners.
52:47
I do want, I do want to give a shout out to our sponsor, my
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54:37
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the West Coast. Opti and I had a great time last
54:48
year. I highly recommend it.
54:50
It's very festive. They threw they throw the
54:53
celebration and then I swear to God in an airplane hangar.
54:57
It's really badass. The venue's awesome.
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many more. You definitely.
55:13
When is it this year, Nico? They haven't released They
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haven't released the They haven't released the dates yet,
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but we will release them very, very soon.
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OK, guys. Well, you already know the deal.
55:30
This is the culture where we feature our guest.
55:34
So Bevin, before, before we get into what you're working on, I I
55:38
think it would be fitting to kind of give people context of
55:41
your previous life and then how you got into Bitcoin and then
55:45
we'll talk about what you're currently working on.
55:48
Totally. So I've, I've been a filmmaker
55:51
for the last like 6-7 years. I've worked on ski films, I've
55:55
worked on fishing films, but mostly like all things camera.
55:59
I've worked on a bunch of like other, you know, productions
56:02
that weren't necessarily like my production.
56:06
And I've been making videos, but I don't, I haven't had a YouTube
56:10
channel. I've just been doing like client
56:11
work for for a long time. But recently in the last like
56:15
3-4 months, I have kind of had this like Switch go off where I
56:20
realized that I think like if I spent my time making Bitcoin
56:25
educational content, engaging Bitcoin educational content,
56:30
then the world would be a better place.
56:33
And you know, I might actually help the world become a little
56:36
bit better replaced. So I have since kind of
56:39
transitioned to doing that. I started a YouTube channel
56:42
called Bit Intelligence that you guys should go follow.
56:45
We're almost at 1000 subscribers, so no 250 more.
56:48
You'll get me there. But we've been putting out films
56:52
that I've made with a variety of like really influential articles
56:56
that have helped Orange Pill me and I make them with AI
57:01
generated content. I kind of got like when all that
57:05
AI stuff was coming out, you know, the text to video, text to
57:09
to image stuff. I went down the rabbit hole and
57:13
then I realized that you could I really make all your visuals for
57:19
these films with this AI generated content which kind of
57:24
opened me up to like this new style of content.
57:26
Traditionally I I do like documentary style content where
57:31
I go, I show up, I interview someone, I film with them for a
57:34
couple days and then I make like a video cutting their interview
57:37
together with all the B roll that we filmed.
57:40
But obviously with Bitcoin, like it's a little bit harder than
57:42
that. You can use stock footage, but
57:44
everyone uses stock footage. So to be a little bit more
57:47
original, we started making a lot of our own content.
57:51
This one that Nico has up right now.
57:53
We do like two different styles of content.
57:55
One is like these articles that we make AI generate content for
57:59
and then the other is like podcast recaps, at least is what
58:03
I've been calling them. So I noticed that like there's
58:05
so much great content buried in long form podcasts that pretty
58:10
much anyone like on, you know, listening to us right now we'll
58:14
we'll probably deep dive into like 2 1/2 hour Bitcoin podcast.
58:18
But for the normies out there that aren't gonna, you know
58:21
spend that much time learning about something that they don't
58:24
even know they should be interested in it, it seems hard
58:28
to get someone to be like, oh you'll like, totally understand
58:31
Bitcoin if you like, listen to this really live podcast.
58:34
So hopefully like by shortening them to their main points,
58:37
putting a little bit of like engaging stock footage on top of
58:39
it, the idea is that a few more people you know might get the
58:44
the bug. But yeah, that's that's where
58:47
I'm at right now. I I have a lot of ideas.
58:50
I got a lot of content plans in the future months and I think
58:54
it's perfect timing with the having coming up.
58:56
You know I think Bitcoin is going to be a hot topic in the
58:59
media. So hopefully we get some more
59:02
people orange filled. That's awesome, man.
59:04
It's awesome that you use AI and you know and all that.
59:08
So it's a very, you know, it's a very, it's a very potent tool,
59:13
right, in content creation, which is just adding like kind
59:16
of stock footage, epic music too, just behind someone.
59:19
If someone's talking and you just put like an epic kind of,
59:22
you know, B roll soundtrack on on the end and you know some
59:26
some visuals and all that stuff, you'd be surprised like if if
59:30
you're not in content creation, how effective that is at, you
59:33
know, capturing people's attention and whatnot.
59:36
So it's really, really cool. And now the part that interests
59:38
me is the AI aspect. So you said you use AI to make
59:43
some of this. What do you mean by that?
59:47
Yeah, so there's right now, you can't yet type a sentence in and
59:53
prompt an entire video, which is good.
59:56
I I think that's good. I think if people were doing
59:58
that, the AI content would go off the rails pretty.
1:00:01
Is that an AI person right now? No, this is just stock footage.
1:00:06
This is like one of. The.
1:00:10
You should you should go to The Greatest Heist in History by
1:00:14
Tomas Troile. It's one of the recent.
1:00:16
OK. OK.
1:00:17
One second. Let me let me pull that up.
1:00:21
But yeah, so like using a lot of these AI tools, it's kind of
1:00:24
like, you know, an orchestra and you're the conductor and you
1:00:29
have to kind of like link this tool with that tool and that
1:00:32
tool or like this tool leads to that tool.
1:00:36
So all this stuff is. You're using like Mid Journey
1:00:39
for the images and stuff like that, right?
1:00:41
Yeah, gotcha. Yeah.
1:00:43
OK, and then you turn the images into animations using another
1:00:48
tool. Called Run that is that is very
1:00:50
cool, man. That is very, very cool, dude.
1:00:53
Yeah, I mean, dude AI is fascinating, but dude, this is
1:00:58
really cool. This is taking over the world,
1:01:00
Nico. You don't be fascinated.
1:01:02
Be afraid of it. Look at look at these videos.
1:01:04
It's so scary. You're going to put film makers
1:01:07
out of work. Or maybe create new film makers,
1:01:09
dude. I don't know bro.
1:01:10
Yeah, they create different, different film makers.
1:01:13
Wow, this is so cool. Holy.
1:01:15
Wait, wait, wait. Before, before we move on a
1:01:18
little bit, Bevin I I just want to commend you because I always
1:01:23
say it kind of jokingly, but I'm like usually very serious when I
1:01:26
say it. But I I say it just because I
1:01:28
understand how, like people take this when I say this phrase.
1:01:32
But I think it's so important to be making Bitcoin propaganda
1:01:35
because we are fighting their propaganda war with our own
1:01:38
propaganda and it's really what we say here all the time on the
1:01:41
show. We're here working and fighting
1:01:44
for the hearts and minds of the masses and and pictures and
1:01:47
short form content and and digestible content.
1:01:50
Better yet is I think the most important thing we can be doing
1:01:54
for for just the average person out there, it's like get the
1:01:57
message across in an entertaining way that they
1:02:00
understand why we do what we do. It's it's not that difficult.
1:02:03
And you know, they'll call us propagandist.
1:02:05
I'll lean in and call myself a propagandist, but you know, so
1:02:09
many bitcoiners, we, we've, we've been building the bear
1:02:13
market and so many of us get lost in the sauce.
1:02:15
And it's like, there's not enough Bitcoin content there.
1:02:17
There's clearly not enough Bitcoin content because the
1:02:19
world isn't on a Bitcoin standard yet.
1:02:22
So, you know, kudos to you for just like stepping up doing this
1:02:26
on your own, your own time, from your own initiative.
1:02:28
And I think more people should be doing this.
1:02:30
They will be doing this, and it's only a matter of time until
1:02:34
there's just so much good Bitcoin content out there.
1:02:36
What do we say, Nico? Cultures downstream from
1:02:39
politics or up? What's it politics is?
1:02:41
Downstream, I can't take credit for that quote, but yeah, that's
1:02:44
a Breitbart that, that's an Andrew Breitbart quote.
1:02:47
Continue to add to the culture guys.
1:02:50
This is how we change this. Yeah, yeah.
1:02:52
And like, you know, one of the go ahead, one of the things that
1:02:56
I that I've noticed on YouTube at least like doing a lot of
1:03:00
research on YouTube is like there's so many people that make
1:03:04
financial content or economics content or even like
1:03:07
philosophical content that get what the problem is in our
1:03:11
society. They nail it on the point you
1:03:13
like watch these videos, you're like bam, that's the problem.
1:03:16
But like how are you not incorporating Bitcoin as as at
1:03:20
least part of the the solution. And so I've found a ton of these
1:03:24
videos and I'm just like I have a list of them going into Google
1:03:27
Sheet and I'm just like going to remake them, you know in my own
1:03:29
way with in my own words, but offer some sort of solution at
1:03:34
the end of those videos. Because like realistically, like
1:03:37
you know, inflation is theft, right?
1:03:39
It's it's caused all these like misaligned incentives in our
1:03:43
society that that have just wreaked havoc for the last 50
1:03:46
years and and caused all these problems and people get it like
1:03:51
people. You know, if I ask anyone on the
1:03:53
on the street like if you know, their life was better 1015 years
1:03:58
ago or you know, their their money purchase more things 1015
1:04:01
years ago. But then like they've seen this
1:04:03
degradation in like their city that they've lived in.
1:04:06
You know, where there's more homeless people, there's more
1:04:08
crime, there's more, you know, all sorts of different things.
1:04:12
But basically, I'm kind of finding those videos and putting
1:04:17
my own spin on it and offering a solution.
1:04:19
Because as Bitcoiners, we know that, you know, Bitcoin won't
1:04:24
fix the entire world, but there's so many incentives that
1:04:28
it will flip on its head right now that will lead us to a more
1:04:33
prosperous, prosperous world. So yeah, anyway.
1:04:37
Love it, love it. And and this is such a trip
1:04:40
saying like the AI mid journey pictures like become animated.
1:04:44
It's. How long?
1:04:45
How long does one of these take to make?
1:04:49
It's like a week. I would say.
1:04:51
There's a lot of, yeah, there's a lot of waiting.
1:04:54
Like AI tools are are kind of expensive if you want to use
1:04:57
them quickly because they make you pay like per, you know,
1:05:01
processing power. So if you're just like hitting
1:05:04
the generate, generate, generate button, then you know you're
1:05:06
going to end up spending like 20 bucks every hour.
1:05:09
But if you do it in like relax mode, they only let you generate
1:05:14
a few things at a time. So I always like I'm doing some
1:05:17
other thing and then I like you know go generate in the
1:05:20
background. Well, this is incredible work.
1:05:24
This is very, very good stuff. And the way that you put it
1:05:27
together, it's very, very effective, I'm sure you know,
1:05:31
and Tomer's an amazing writer. So many good pieces that he's
1:05:35
made and he's written. So this is very, very cool
1:05:38
stuff. You guys could check out
1:05:41
Beavin's YouTube channel Bit Intelligence on YouTube and stay
1:05:46
tuned cuz I'm sure you'll see a lot of other fire type of
1:05:51
content dropping in the next couple of months.
1:05:54
These images are just they're absolutely like they're so eye
1:05:59
popping and they just capture your attention and it's it's a
1:06:05
very effective way of of making content and it just adding.
1:06:09
Bitcoin propaganda? Adding B roll.
1:06:13
But the the awesome part about AI is that you can essentially
1:06:17
instead of searching through like you know just this B roll
1:06:21
library to like find the perfect fit, you literally ask AI to
1:06:26
make that thing that you in your head.
1:06:29
You want a reality. Which is so freaking cool and so
1:06:34
freaking neat. So, man.
1:06:36
One last question from the chat, Bevan toxic selfie.
1:06:39
Of course with the hard hitting questions, couldn't someone just
1:06:42
use multiple or non accounts to generate AI stuff so you can do
1:06:44
it quicker? Oh.
1:06:48
I mean, yeah sure, I I have actually a guy that I work with
1:06:51
that helps me generate the images, so I'm not doing it all
1:06:54
by myself. Either, of course.
1:06:57
He's like, wait, how can I scam the AI algorithms?
1:07:01
Oh man, the chat's undefeated. Oh, that's Santa hat man.
1:07:04
It's you get hot under there, bro.
1:07:06
It's pretty crazy. It's pretty crazy.
1:07:08
Anyways, guys, thank you so much for tuning into another episode
1:07:11
of Simply Bitcoin Live. If you enjoyed the show, you
1:07:12
know what to do. Smash that like button.
1:07:13
Consider subscribing if you feel like we provided you value.
1:07:16
But the number one thing you could do to help push the
1:07:18
peaceful Bitcoin revolution is share all Bitcoin content
1:07:21
including bevins cuz it's looks epic AF.
1:07:24
So definitely check out his channel, share his content.
1:07:28
Someone said it, the actual quote in the chat.
1:07:32
I am going to pull it up if I find it in three seconds 32 Yep,
1:07:36
I did find it in time. Politics is downstream from
1:07:40
culture. That's why we got to take over
1:07:42
the culture. The way you do that is with
1:07:43
media, podcast, art, music, all of that good stuff.
1:07:47
This is how we. Went in the seeds of freedom in
1:07:50
your normies minds anyways. Guys buckle up.
1:07:52
This is the separation of money in state we are definitely
1:07:55
getting we're definitely in the then they fight you stage.
1:07:58
Take self custody of your Bitcoin member.
1:07:59
Not your keys, not your Bitcoin. There's so many things that we
1:08:02
promote on the show that make that incredibly easy.
1:08:05
So you have absolutely no excuse.
1:08:07
Smash the like button. You enjoyed the show.
1:08:09
Like I said, Afti and Sophie will be back tomorrow for brand
1:08:13
new episode of Simply Bitcoin Live.
1:08:15
I'll be back Thursday, Friday. Everyone have an amazing rest of
1:08:20
your Tuesday. Peace out, everybody.