Latest / Simply Bitcoin / The Stock Market Is RIGGED at Every Level! (Here's the Receipts) | Beyond Bitcoin
Transcript
- 0:00I've been sitting with this story all week.
- 0:01A fan of the show passes me a tweet that absolutely reframes
- 0:05my thinking. What's the headline here?
- 0:09Stock market's rigged. And I've been pulling on that
- 0:10thread ever since. Here's what happened.
- 0:13You sat down and someone handed you a game.
- 0:16You played. You lost.
- 0:19They sold you a better strategy. You lost again.
- 0:23They sold you a robot to play for you.
- 0:25The robot lost the robot also quietly stole your wallet all
- 0:31the way out quietly. And this is the part that really
- 0:34got me thinking about our current inflection point,
- 0:36Bitcoin and AI. Give me about 15 minutes.
- 0:40I want to show you the scam that's likely affecting you
- 0:42personally and the one thing that you can do about it on
- 0:44oceans. This is beyond Bitcoin.
- 0:46Let's go. So where we at right now?
- 0:53We're at 68,400 and 12/13 dollars.
- 0:58Bitcoin is at the $70,000 range of this recording down from its
- 1:03high up from its low, right where it always is somewhere
- 1:06that makes exactly half the Internet feel vindicated and the
- 1:09other half feel slightly. I'll.
- 1:12I want you to hold on to that number because we're probably
- 1:13going to come back to it and I'm sure it'll still be there, but
- 1:16here's what I want to talk about today.
- 1:18While Bitcoin is doing whatever Bitcoin does, the stock market,
- 1:23you know, the one in your 401K, the one your financial advisor
- 1:26keeps pointing at like it's the source of truth.
- 1:28If you still have a financial advisor that is has had a very
- 1:31illuminating week. Today we're going to talk about
- 1:343 topics with one idea. First, we're going to go back to
- 1:372014 with Michael Lewis, who's the author of the book Flash
- 1:41Boys, which is a book so well reported that the New York
- 1:44Attorney General preemptively opened an investigation before
- 1:48it even hit shelves. We're talking about the
- 1:50infrastructure rig, the millisecond theft, the one that
- 1:54set the template for everything else.
- 1:56Second, the 2026 upgrade. This isn't fiber optic cables
- 2:00anymore, this is Truth Social. On March 20th, the NASDAQ 100
- 2:04did something that the Kobesi letter caught in real time.
- 2:08And I want to walk you through the timestamps because the
- 2:10timestamps are actually the whole story.
- 2:12And 3rd, the solution. So we've all been hearing about
- 2:15this thing called Openclaw, the AI agent framework that hit 2
- 2:18million users in 60 days and was going to democratize trading,
- 2:22level the playing field and let retail finally compete with the
- 2:26big guys. You see where this is going,
- 2:28right? Three versions of the same scam.
- 2:31So I want to take you back to 2014 with Michael Lewis, the
- 2:34same guy who wrote Moneyball. The Big Short Liar's Poker
- 2:38published a book called Flash Boys, and the thesis was, and
- 2:42I'm only paraphrasing slightly here, the American stock market
- 2:46is rigged. Not metaphorically rigged.
- 2:48Not the house always wins. Rigged mechanically,
- 2:52deliberately, and systematically rigged by the exchanges
- 2:55themselves, by the big Wall Street banks, and by a category
- 2:59of professionals most people have never heard of, called High
- 3:03Frequency traders. Here's how it works.
- 3:06You submit a buy order through your brokerage.
- 3:08That order travels electronically to the Exchange,
- 3:11which is simple. Except firms like Citadel
- 3:13Securities, Jane St. Capital and Virtue Financial
- 3:17have spent, and we're talking billions of dollars here,
- 3:21building fiber optic cable infrastructure to physically
- 3:24locate their servers closer to the Exchange.
- 3:27Not to analyse the market better, not to build better
- 3:30products, but to receive your order signal 50 microseconds
- 3:34earlier than the market does. So what happens in that 50
- 3:37microseconds? Well, they buy the stock ahead
- 3:41of you, and then they sell it back to you at a higher price.
- 3:44And they do this automatically every time, at machine speed 100
- 3:48times faster than you can blink. That's like trading with someone
- 3:51who knows they have a defective product.
- 3:52The stock market's rigged. The United States stock market,
- 3:55the most iconic market in in global capitalism, is rigged.
- 4:00By whom? By a combination of the stock
- 4:03exchanges, the big Wall Street banks and high frequency
- 4:07traders. Who are the victims?
- 4:09Everybody who has an investment in the stock market.
- 4:14Michael Lewis isn't talking about the stock market that you
- 4:16see on television every day that ceased to be the center of U.S.
- 4:20financial activity years ago and exists today mostly as a photo
- 4:25op. This is the stock market that
- 4:28Lewis is talking about, the one where most of the trades take
- 4:31place now, inside hundreds of thousands of these black boxes,
- 4:36located at more than 60 public and private exchanges, where
- 4:40billions of dollars in stock change hands every day with
- 4:43little or no public documentation, Trades are being
- 4:47made by thousands of robot computers programmed to buy and
- 4:51sell every stock on the market. It speeds 100 times faster than
- 4:56you can blink an eye. The system so complex it's all
- 5:00but invisible. If it wasn't complicated, it
- 5:03wouldn't be allowed to happen. The complexity disguises what is
- 5:07happening. If it's so complicated you can't
- 5:09understand it, then you can't question.
- 5:11And this is all being done by computers.
- 5:13All being done by computers. It's too fast to be done by
- 5:15humans. Humans have been completely
- 5:16removed from the marketplace. The most iconic market in global
- 5:19capitalism is rigged. The victims, everybody.
- 5:23But what about Robin Hood? Robin Hood's safe right.
- 5:26They democratized investing, you know, made it fun and easy to
- 5:29understand. Flash Boys came out in 2014.
- 5:33The response from Wall Street was denial, counter narratives
- 5:36and very expensive PR. The Attorney General opened an
- 5:40investigation and then not much changed.
- 5:43Shocking. Citadel paid fines, Jane St.
- 5:46paid fines, Virtue paid fines. Nobody went to prison.
- 5:50The practice continues. The SEC has studied it with the
- 5:53enthusiasm of Bueller. Bueller.
- 5:59Here's an amazing stat. Virtue Financial went public in
- 6:022015. In their IPO filing, they
- 6:04disclosed that over 5 1/2 years of trading, 12137 trading days,
- 6:10they had exactly 1 losing day. One one losing day in 5 1/2
- 6:15years in a market where the average retail investor
- 6:18underperforms the index. Hmm.
- 6:20Megatron must have had a bug that day and no one really asked
- 6:22questions about it because it was legal because the game was
- 6:25designed that way. But, and this is the key thing,
- 6:28in 2014, you could still say, OK, the infrastructure is
- 6:32tilted, but at least the information is fair.
- 6:35At least we are all getting the same news at the same time,
- 6:38right? You could have said that in
- 6:392014, but you obviously can't say that now with all our
- 6:42current algorithms feeding us constant information that, you
- 6:45know, all of us are getting different information all the
- 6:47time. By the way, have you heard of
- 6:49Taco? Not like Taco Bell, Trump always
- 6:52chickens out. That is a trade.
- 6:53Actually. That is an actual name of it
- 6:56that people are using when the markets sell off because
- 6:58something Trump said, Iran tariffs or whoever he's
- 7:02threatening this week, you end up buying because history shows
- 7:05he actually walks it back sometimes within hours,
- 7:08sometimes within 90 minutes. Hold that for a second, 90
- 7:11minutes. March 20th of this year, the
- 7:13market has a rough day. Iran, Hormuz, everything that
- 7:17we've been discussing on this channel, oil at numbers nobody
- 7:20was prepared for. The S&P 500 hits a new 2026 low.
- 7:24As Trump says, quoting directly, I don't want to do a ceasefire
- 7:28with Iran. My terrible Trump impersonation.
- 7:30At 3:40 PM Eastern Time, 3 minutes before that statement,
- 7:35the NASDAQ 100 the QQQ starts moving upward.
- 7:39Options flows on long calls surge into the 4:00 PM market
- 7:44close. At 5:13 PM.
- 7:46Eastern Time, 13 minutes after futures markets have already
- 7:49closed for the weekend, Trump posts on Truth Social that the
- 7:54US is considering winding down military operations in Iran.
- 7:58Of course, the Kobayasi letter documented this in real time.
- 8:01Quote the NASDAQ 100 ETFQQQ surged 1.1% between 3:40 PM and
- 8:095:00 PM today without any major news options flows on the QQQ
- 8:15long calls were surging into the 4:00 PM close.
- 8:19At 5:13 PM, President Trump said he was considering winding down
- 8:24the Iran war. The move happened before the
- 8:27news chat. Is that illegal?
- 8:30I genuinely do not know of course, and that is somewhat
- 8:36precisely the point. Flash Boys was legal.
- 8:40This is question mark. The rules of this game are
- 8:44written by people who benefit from how the game is played.
- 8:47Do you write the rules of the game?
- 8:49You do you mind throwing a rule in there for me?
- 8:51Arthur Hayes, who ran one of the largest crypto derivatives
- 8:53exchanges in the world before the government had thoughts
- 8:56about that, wrote something a couple years ago that I keep
- 9:00coming back to about what the Fiat system actually forces you
- 9:03to do. There's all these things that
- 9:06the average person needs that the government can't print.
- 9:09And if I guess going to not allocate the losses for all
- 9:12this, this debt, which is essentially that is I'm going to
- 9:15take the future and I'm going to spend it today, right?
- 9:18So we spent the future. There's no more future, right?
- 9:21We have to pay for it. And so if you have money inside
- 9:25of the system, you will pay for it.
- 9:27And it's an implicit tax on anyone who saves and things that
- 9:31don't go up as fast as the amount of money printed.
- 9:33And so that's the game. It creates a financial
- 9:36speculator out of everyone. Even if you don't think you're a
- 9:38speculator, you are a speculator.
- 9:39You are a speculator, whether you want to be or not, whether
- 9:43you understand the game or not, whether you were even paying
- 9:46attention or not. That's the thing that nobody
- 9:48says to you when you open up your 401K, you're not saving.
- 9:52You're speculating in a market where the infrastructure isn't
- 9:55equal, where the information isn't equal, where the rules are
- 9:58written by the same people the rules are supposed to govern.
- 10:01Larry Leppard, fund manager and sound money advocate, said this
- 10:05plainly. This market is uninvestable.
- 10:08Long or short, the only winning move is to exit for the sound
- 10:12money of gold or Bitcoin. Uninvestable.
- 10:15This is a guy who manages money professionally, saying he can no
- 10:18longer run the play. And we haven't even gotten to
- 10:20the part where they sold you the solution.
- 10:22What's the solution? Not to disrupt your viewing
- 10:25experience, but real quick, this episode is brought to you by
- 10:28Mining Disrupt. We just spent 10 minutes talking
- 10:31about a rigged infrastructure, fiber optic cables, front
- 10:33running, millisecond theft, all of it legal, all of it ongoing.
- 10:38Now you want to see the infrastructure that can't be
- 10:40rigged? It's Bitcoin mining.
- 10:42And the people who build it, the operators, the energy companies,
- 10:46the hardware manufacturers, the data centers, they're all going
- 10:49to meet in one place this July at Mining Disrupt Miami, the
- 10:5421st through the 23rd, the world's largest Bitcoin mining
- 10:57conference. It's two days of panels,
- 10:59keynotes, and the kinds of conversations that don't happen
- 11:03on Twitter. Tickets are limited.
- 11:04Genesis and minor tiers go first, so make sure you hop on
- 11:07that train. Use promo code Simply Bitcoin
- 11:10for 20% off at miningdisrupt.com.
- 11:13That's Mining disrupt.com promo code Simply Bitcoin.
- 11:16Tell them Ocean sent you, but you don't really have to tell
- 11:19them Ocean sent you anyway. See you there.
- 11:22So the infrastructure is rigged, the information is rigged.
- 11:25But what if you could automate around it at a similar speed?
- 11:28What if you had a bot you know, not as fast as Citadel, nothing
- 11:32is as fast as Citadel, but faster than you, faster than the
- 11:35manual TA, faster than your emotional responses.
- 11:38So this is the pitch, and it has a name right now.
- 11:41And that name is Openclaw. Openclaw is an open source AI
- 11:45agent framework. You give it natural language
- 11:48commands, you know like buy Bitcoin whenever drops below
- 11:5180,000 or execute this option strategy when the VIX spikes
- 11:55above 30 and the framework runs it automatically through a
- 11:58marketplace of plug insurance. They call them skills, and this
- 12:02is the thing that got 250,000 GitHub stars in 60 days. 2
- 12:07million users at peak. Over 300 finance and trading
- 12:10skills are available on that platform.
- 12:13Every company in the world today needs to have an open claw
- 12:16strategy and a Gentex system strategy.
- 12:19This is the new computer. Now, this is just the exciting
- 12:24part. This is enterprise IT before
- 12:27open claw, you know, and, and I mentioned earlier the way
- 12:31enterprise IT works and the the reason these reason why it's
- 12:34called data centers is because these large rooms, these large
- 12:37buildings held data, held the files of people, the structure
- 12:42data of business. It would pass through software
- 12:45that has tools and, you know, systems of records and all kinds
- 12:49of workflow that's codified into it and that turns into tools
- 12:53that humans would use, digital workers would use.
- 12:57That is the old IT industry, software companies creating
- 13:01tools, saving files. And of course, GS is consultants
- 13:06that help companies figure out how to use these tools and
- 13:08integrate these tools. These these tools are incredibly
- 13:11valuable for governance and security and privacy and
- 13:15compliance. And all of that continues to be
- 13:17true. It's just that post open clock,
- 13:22post agentic, this is what it's going to look like.
- 13:25This is the extraordinary part. Every single IT company, every
- 13:29single company, every SAS company, every SAS company will
- 13:35become a a gas company. The pitch was clean,
- 13:40democratized trading. Let retail do what institutions
- 13:44do. Automate it, execute its speeds
- 13:46closest to the big players, level the playing field.
- 13:49But there's been a lot of chatter around the subject.
- 13:51Lots of open claw made me $1000 this week, or open claw made me
- 13:55$400 million in three seconds. And I use this prompt.
- 13:59I went down that rabbit hole in February 2026.
- 14:02Last month, researchers discovered something they called
- 14:05Claw Havoc. A supply chain attack had
- 14:08injected 11184 malicious skills into the open Claw marketplace.
- 14:13At its peak, approximately 20% of all downloadable skills were
- 14:17malware targeting crypto wallet keys, browser credentials, SSH
- 14:21keys, API tokens. That was one in five.
- 14:25If you downloaded a random finance skill in February, you
- 14:28had a one in five shot at also downloading something that would
- 14:31quietly drain everything attached to your device quietly.
- 14:359 Cves or common vulnerabilities and Exposure's advisories from 2
- 14:40governments, 135,000 exposed instances and the most poetic
- 14:44detail they attack used AI to generate convincing fake skills
- 14:49to blend in with the real ones. The solution to human market
- 14:52manipulation was a platform where AI was manipulating AI.
- 14:57Oh, by the way. And there's also an open claw
- 14:59meme token. Of course there is.
- 15:01That's down 96.4% from its all time high.
- 15:04That's not a shocker at all. As Alex Stanczyk always says,
- 15:09don't shit coin, it's bad for you.
- 15:11So it turns out you're not leaving the playing field.
- 15:13They just changed the court. Flash boys was the
- 15:15infrastructure rig the Taco trade?
- 15:18Is the information rig Open claw?
- 15:20The solution was the AI rig. 3 versions of the same thesis.
- 15:25Now we just spent the last 8 minutes talking about what
- 15:27happens when you trust an institution with your money.
- 15:30HFT firms front running your trades, Political insiders
- 15:33moving markets before the announcement, AI marketplaces
- 15:37where one in five plug insurance is malware.
- 15:39The bitcoinway.com is about getting your Bitcoin off of all
- 15:43of that self custody. Your keys, your coins.
- 15:47Not Your keys, Not Your coins is not just a bumper sticker, it's
- 15:50a description of what actually is happening to people out
- 15:53there. Now if you go to
- 15:54thebitcoinway.com/beyondbitcoin, you can get a free 30 minute
- 15:58consultation and they'll walk you through self custody step by
- 16:01step with no jargon, no judgement.
- 16:04That's the bitcoinway.com/beyond Bitcoin.
- 16:07So here's the three acts. The infrastructure rig at 50
- 16:09microseconds faster than anyone else.
- 16:11Billions of fiber optic cable from Citadel, Jane St. and
- 16:15Virtue is legal and is ongoing. The information rig Truth Social
- 16:20Futures close at 4:00 PM. 13 minutes later, a tweet moves
- 16:24markets that are apparently already priced in for the right
- 16:27people. Also legal.
- 16:29Definitely happening. And the AI rig, the
- 16:32democratization of trading. 2 million users, 300 finance
- 16:36skills, but 20% of them are malware. 1 meme token down 94%.
- 16:42Dang, that sounds like a winner. 3 versions, one template.
- 16:45The game is rigged at the infrastructure level, at the
- 16:48information level, and now at the AI level, and every
- 16:52generation gets sold a new way to finally beat it.
- 16:54Bitcoin, No, I would wait. I think that the longer that
- 16:57this conflict goes on, the higher the likelihood that the
- 17:00Fed has to print money to support the American war
- 17:02machine. And that's when I'm going to buy
- 17:04Bitcoin. When the central banks start
- 17:07printing money. I mean, we're starting to hear
- 17:08rhetoric that Trump says he might put boots on the ground.
- 17:11He's here for the long term, however long it takes, whatever
- 17:14that means. The more you know, the longer
- 17:16the inventory is on that's going to have to print because they,
- 17:20that's what they do. They've done it for every other
- 17:21Middle East, major Middle Eastern conflict, at least in,
- 17:24in my lifetime. And so I think if you're saying,
- 17:27OK, war is good for Bitcoin, like what you're really saying
- 17:30is war means money printing, money printing is good for
- 17:34Bitcoin. And so wait for the money
- 17:35printing, don't try to time it. Hayes is not trading the Taco.
- 17:39He's not running an open claw. He's waiting for the moment the
- 17:42system breaks loudly enough to force the Fed's hand, and then
- 17:46he's in Bitcoin. Now I want to play one more
- 17:48clip. This one's from Andreas
- 17:49Antonopoulos from a few years back.
- 17:52He gave a talk about what he calls unstoppable code,
- 17:55specifically about the difference between a system that
- 17:57won't do something and a system that can't.
- 18:00Take a look. What's the difference between
- 18:02can't and won't? Two life sentences plus 40 years
- 18:07is the difference between can't and won't.
- 18:11When you say you want governance, beware what you ask
- 18:15for. Governance changes Can't into
- 18:20won't. And the moment you go over that
- 18:23line, what became what started as an ability becomes a
- 18:30responsibility. And if you claim you don't have
- 18:35the ability anymore, that responsibility just became
- 18:40negligence. Criminal negligence, governance
- 18:46and unstoppable code are going to form this very, very fine
- 18:51line that we have to tread very carefully.
- 18:56Is your line the Silk Road? Probably not you.
- 19:00Can't, not won't. The HFT firms can't front run
- 19:04Bitcoin. There is no order book to see
- 19:07before the market does. There's no fiber optic cable
- 19:09advantage. There's no exchange with a
- 19:12financial stake in your trade. The political insiders can't
- 19:15Taco Bitcoin. There is no truth social feed
- 19:18that moves the Bitcoin market. Bitcoin trades 24 hours a day,
- 19:21365 days a year. There is no futures close at
- 19:244:00 PM. There is no after hours window.
- 19:27It just open constantly for everyone.
- 19:30The malware developers can't compromise the Bitcoin protocol.
- 19:33You can compromise the marketplace of plug insurance,
- 19:35you can compromise in exchange, you can compromise a wallet app,
- 19:39and you should protect against that.
- 19:41But you cannot compromise the Bitcoin protocol itself.
- 19:45The rules are enforced by math, not an institution that can be
- 19:48pressured, bribed, or slow walked by a regulator.
- 19:51This is not a knock on people that are still in the stock
- 19:53market, and it's not a knock on people who got excited about
- 19:56Open Claw and bought and Mini Mac.
- 19:58It's a description of what Bitcoin is and what it is not.
- 20:01Bitcoin is the exit, not from risk, from this specific
- 20:05category of risk. The kind where the table is
- 20:07tilted before you sit down, the kind where the information isn't
- 20:11equal, the kind where the rules are written by the people who
- 20:14break them. Let me check the price really
- 20:16quick. OK, We're still around $68,000.
- 20:18Shocker. Real quick.
- 20:19Before I sign off, I want to talk about Club Orange, formerly
- 20:22known as the Orange Pill app. If you've been watching this
- 20:24show for a while, you know what I think about the solo orange
- 20:28Pilling journey. It's a lonely Rd. but club
- 20:30orange is how you find people who are already on that journey
- 20:34bitcoiners, builders, people who have done the reading and want
- 20:37to actually connect with you download the app today and if
- 20:40you want to connect with me directly I'm at oceans OSHINS.
- 20:44You can come say hi and tell me what you thought of the show
- 20:46whatever you want to say that's cluborange.org, formerly known
- 20:49as the orange pill app. See you there.
- 20:51Here's the thing that actually keeps me up at night, other than
- 20:53my very demanding 3 year old. Flash Boys came out in 2014 and
- 20:58we all read it. We all nodded and we said yeah,
- 21:01the system is rigged. Then we went back to our four O
- 21:041 KS. The Taco trade has been
- 21:06documented in real time in public with time stamps on a
- 21:09free website by a newsletter anyone can read.
- 21:12And the people doing it are still doing it.
- 21:15Openclaw got 2 million users in 60 days.
- 21:18A month after Claw havoc, people are still downloading skills.
- 21:22The information is not the problem.
- 21:24The information is everywhere. Michael Lewis handed us the
- 21:26information back in 2014 and it's still a best seller.
- 21:30The answer to all of this, you got to study some Bitcoin.
- 21:33The question is whether you move fast enough before the answer
- 21:37becomes obvious to everyone else.
- 21:39Thank you so much for watching this episode.
- 21:40If you like what you see and you want to see more, make sure you
- 21:42hit that like button below. Or you can subscribe to the
- 21:44Simply Bitcoin channel for more content like this.
- 21:46We're coming out with it every single day of the week.
- 21:49Also, do not forget to hit that notification bell.
- 21:51Leave us a comment, whatever you want to do.
- 21:53If you want to reach out to me directly, I'm run dance Bitcoin
- 21:56on X. Other than that I'm oceans.
- 21:59This is beyond Bitcoin. Until next time.