Latest / Simply Bitcoin / Could The NEXT 24 Hours Change The 2025 Bitcoin Bull Market? | EP 1197

Transcript

Could The NEXT 24 Hours Change The 2025 Bitcoin Bull Market? | EP 1197 · Simply Bitcoin

• 0:00
  No, everyone has been speculating that a huge
• 0:03
  announcement is going to happen tomorrow.
• 0:06
  And then there's this clip we're about to play for you guys only
• 0:10
  takes the speculation to the next level because Sailor seems
• 0:13
  like he knows the huge announcement that's coming
• 0:17
  tomorrow. I mean, I've never seen a smile
• 0:21
  of this size on sailors face. And of course what is happening
• 0:25
  tomorrow, the up and coming much anticipated White House crypto
• 0:30
  summit, the largest players in the entire industry are going to
• 0:34
  be there. Of course Michael Saylor is
• 0:36
  going to be there. And a lot of people are
• 0:38
  speculating that this is where Trump is going to announce that
• 0:41
  the United States is going to buy 1,000,000 Bitcoin.
• 0:45
  And Saylor kind of mentioned this in the clip.
• 0:48
  He was interviewed on Legacy Financial Media.
• 0:50
  It was like about a 7 minute clip.
• 0:51
  We'll break it down for you guys.
• 0:52
  And he kind of talked about it and he seemed extremely giddy.
• 0:55
  He seemed extremely happy. So anyways, at the same time, in
• 1:00
  the last 24 hours, there's extremely bullish news coming
• 1:04
  out of South Korea, Belarus, Japan.
• 1:07
  I mean, so much stuff to get to. And I'll break some of that news
• 1:12
  down before we get to the sailor clip.
• 1:13
  So Belarus, the president went on, you know, their equivalent
• 1:18
  of mainstream media and basically announced to the
• 1:20
  entire country that they're going to start mining Bitcoin
• 1:24
  using surplus energy. South Korea is going to approve
• 1:30
  Bitcoin ETFs and Dubois biggest bank NBD to launch Bitcoin and
• 1:36
  crypto services according to Bloomberg.
• 1:41
  So anyways, what clip am I talking about before we jump
• 1:44
  straight into it, I do want to bring up our show panelists
• 1:48
  today. We got Gary Leland in the house
• 1:51
  from bit block boom and of course, my legendary Co host
• 1:54
  Optimus fields. All right, ladies and gentlemen,
• 1:56
  no more delay. Let's jump straight into the
• 1:59
  clip of Michael Staler. Let's check it out.
• 2:02
  A worldwide supply 500,000. Let's just, let's just get your
• 2:06
  view because everybody's dying to know about the summit and
• 2:10
  what they think is going to be announced.
• 2:12
  How do you think this crypto reserve will be financed?
• 2:16
  Well, I think that there's a six month process that's been laid
• 2:20
  out by the executive order and I think the president was fairly
• 2:23
  deliberate in that there are 12 members on the presidential
• 2:26
  working committee. They'll be involvement from the
• 2:29
  industry, they'll be involvement from the Senate and from the
• 2:32
  House and I, and it's above my pay grade to decide how it is
• 2:37
  determined. But the Lummus bill has laid out
• 2:41
  the idea of acquiring Bitcoin strategically over four years,
• 2:44
  just consistently, day by day, in order to reach a million
• 2:48
  Bitcoin target. OK.
• 2:49
  The government has 200,000 Bitcoin as I understand it, we
• 2:54
  equal about 17 billion at today's prices.
• 2:57
  So to get up there, how they would have to purchase Bitcoin,
• 3:01
  right? So as the government purchases
• 3:06
  these Bitcoin and other tokens, what is that going to do to the
• 3:09
  price? I mean, supply goes down, the
• 3:11
  price goes up. Well, the most responsible thing
• 3:14
  would be to go slow and steady and deliberate with clear
• 3:18
  telegraphing and transparency so that the real key about Bitcoin
• 3:23
  is for people to understand that it's digital property.
• 3:25
  Very interesting. Just kind of break it down.
• 3:27
  He didn't deny it. He didn't deny it, right?
• 3:30
  Because that's a really good point, right?
• 3:32
  He just, the lady said, listen, the US government has 200,000
• 3:35
  Bitcoin. We covered on yesterday's
• 3:36
  episode a lot of it, they don't know where it is, but apparently
• 3:39
  on the books they have two 200,000 Bitcoin.
• 3:42
  If they want to get to that 1,000,000 Bitcoin, they need to
• 3:45
  purchase some. Saylor didn't deny that, right?
• 3:49
  He just said he's talking about how they should go about it in
• 3:54
  terms of announcing it. And if Trump's speech from like
• 3:57
  one or two days ago is any indication, I mean, that was one
• 4:01
  of the best joint session speeches I've ever seen.
• 4:05
  Trump goes up there and he's like, there's someone that's 360
• 4:08
  years old collecting Social Security.
• 4:10
  Like, it was absolutely hilarious.
• 4:13
  If that is any type of indication of how this summit's
• 4:16
  going to go. I'm assuming it's going to be
• 4:19
  something very similar. I mean, this is the president
• 4:22
  that, you know, is announcing that he wants to buy Greenland,
• 4:26
  and he renamed the Gulf of Mexico to Gulf of America.
• 4:28
  OK. You can't really push anything
• 4:30
  past him. And it was really interesting,
• 4:32
  sailors response, because he didn't deny it, right?
• 4:35
  It's a savings account that empowers every single American
• 4:39
  to save their wealth and preserve it over time.
• 4:42
  And So what the government can do is, is to give clarity to the
• 4:46
  asset class and confidence to every American citizen so they
• 4:51
  know they have an alternative to gambling and the stock market.
• 4:55
  I know you said that it's above your pay grade to decide, but
• 4:58
  you are allowed an opinion. Do you think taxpayer money
• 5:02
  should be used to purchase these tokens and points to fill the
• 5:06
  reserve? I think the way to think with
• 5:08
  the industry is there's digital commodities, that's Bitcoin and
• 5:11
  asset without an issuer. There's digital currencies like
• 5:15
  the stable coins that's really important for U.S. dollar
• 5:18
  supremacy and digital commerce. There are digital securities
• 5:21
  like tokenized stocks and bonds that will actually provide a
• 5:25
  capital efficiency and globalization for American
• 5:28
  securities. And then there are digital
• 5:30
  tokens, assets with issuers to provide digital utility that are
• 5:33
  very interesting and compelling. Their role is capital creation
• 5:37
  for the small and mid sized companies that are blocked from
• 5:41
  the capital markets right now. I think that it's wise to
• 5:45
  capitalize a country or a company on a commodity, an asset
• 5:49
  without an issuer, something like a property, you could buy
• 5:53
  oil. Bitcoin is a commodity.
• 5:55
  I think that. Is is attached to a company
• 5:59
  Ripple? I think that those are tokens
• 6:02
  and we should have a regulatory framework to allow them to be
• 6:06
  issued because. Issued, but in the reserve.
• 6:09
  Should they be in the reserve? I think the emerging consensus
• 6:12
  in the industry is that Bitcoin should be the element in a
• 6:17
  strategic reserve over the long term for the country.
• 6:21
  But if you wanted to support various investments in a
• 6:25
  sovereign wealth fund, that would be up to the executive.
• 6:27
  OK. So let's be clear.
• 6:28
  I'm hearing you say the reserve fund should really have the
• 6:32
  tested one and that is Bitcoin and not Solano or Cardano or
• 6:38
  Solana. And the important thing to keep
• 6:39
  in mind is Bitcoin is the one universally agreed upon
• 6:43
  foundation asset and the entire crypto economy.
• 6:47
  I'll leave it right there. So, so much to unpack there.
• 6:50
  But I mean, look, Trump basically announcement of truth
• 6:53
  social post to kind of confirm what Saylor was saying.
• 6:59
  Howard Lupnik. Howard Lupnik is the secretary
• 7:03
  of commerce. He says, I quote, the president
• 7:05
  definitely thinks that there's a Bitcoin strategic reserve now
• 7:09
  quote now there will be the question of how do we handle the
• 7:13
  other crypto currencies? And I think that model is going
• 7:17
  to be announced on Friday when we do that.
• 7:21
  So Bitcoin is clearly going to be treated differently.
• 7:24
  That's the general consensus, not only from Howard Lupnik,
• 7:29
  also the CEO of of Coinbase, right, one of the biggest
• 7:33
  altcoin casinos in the world. He's saying, listen, guys, like,
• 7:36
  let's let's be real here. It needs to be Bitcoin only
• 7:39
  only. I forget the other predominant
• 7:41
  figure as well, even Peter Schiff.
• 7:45
  This announcement made Peter Schiff a Bitcoin maxi, right?
• 7:48
  So very predominant people, including altcoin influencers.
• 7:51
  I remember, I think altcoin daily even said that it should
• 7:54
  be Bitcoin only, right? So many predominant people in
• 7:58
  the altcoin space are saying, listen, guys, this should be the
• 8:02
  the reserve should be Bitcoin only, which I found very
• 8:05
  surprising. Of course, Sailor.
• 8:07
  I don't think I've ever seen him smile like this in the entire
• 8:11
  four years that we've been covering him like this is this
• 8:14
  is a, this is this is, this is a big smile, right?
• 8:17
  The BTC therapist is speculating.
• 8:20
  This is the face you make when you know the US is about to
• 8:23
  announce their intention to buy 4 million Bitcoin for the
• 8:26
  strategic reserve that according to BTC Therapist, that's how he
• 8:29
  interpreted it. And let's take a look at some of
• 8:31
  the heavyweights that are gonna be attending this historic
• 8:34
  meeting tomorrow. Of course, we're gonna be
• 8:36
  covering it on the Monday show, I believe.
• 8:38
  I think it's gonna be after Simply Bitcoin Live.
• 8:40
  But I mean, it's pretty big heavyweights from the entire
• 8:44
  industry. So the Bitcoin industry and the
• 8:46
  altcoin industry. So of course you have Donald
• 8:48
  Trump on the top. You have Bo Hines, you have
• 8:51
  David Sachs. You have Brad Garlinghouse, you
• 8:53
  have Michael Saylor. You have Paulo, the CEO of
• 8:55
  Tether. You have Kyle Samoni of Multi
• 8:59
  Coin Capital. You have Thank you Opti.
• 9:01
  You have Kathy Wood of Arc. You have Charles Hodgkinskins of
• 9:05
  Cardano. You have an Anatoli from Solana.
• 9:08
  You have Vitalik from Etherium. You have Nat Elison from Undo.
• 9:12
  I don't know what Undo is. You have Marc Andreessen from
• 9:16
  A16Z, you have Paul Atkins, you have Bryan Armstrong and you
• 9:22
  have CZ from Binance. It's quite interesting with CZ
• 9:26
  being on the list because I believe CZ was, was convicted
• 9:30
  last year. I think he, he settled, he had
• 9:32
  to serve some time. So but C ZS there is, is, is
• 9:36
  Trump going to give CZ a pardon? I don't know.
• 9:38
  We shall see. But anyways, this is going to be
• 9:40
  a historic meeting, that's for sure.
• 9:42
  The last thing I'll do is read this post by David Sachs, the
• 9:45
  so-called AI and Cryptozar for the current administration.
• 9:49
  He says President Trump has announced a crypto strategic
• 9:52
  reserve consisting of Bitcoin and other top crypto currencies.
• 9:56
  This is consistent with his one week executive order 14178.
• 10:02
  President Trump is keeping his promise to make the US the quote
• 10:05
  crypto capital of the world. More to come at the summit.
• 10:10
  So for our entire industry, for the price, I think a lot of
• 10:13
  people are going to be looking at this thing and I think a lot
• 10:17
  of people are disappointed, but it seems like Bitcoin is going
• 10:20
  to be treated differently than the rest.
• 10:24
  But I think it caught a lot of people in the industry by
• 10:27
  surprise that of course, you know, the Cortana could be added
• 10:31
  to the so-called strategic reserve, right?
• 10:34
  Anyways, I do want to give a shout out to the live stream
• 10:37
  today. It's absolutely popping.
• 10:38
  We're about to break 1000 live viewers on X Shout out to you
• 10:41
  guys. 650 live viewers on YouTube.
• 10:44
  And of course, shout out to the Rumble audience. 81 live viewers
• 10:48
  on Rumble. If you guys are enjoying the
• 10:50
  show so far, make sure to smash that like button.
• 10:52
  I'm going to set a target. Let's help us break 200 likes
• 10:55
  within the 1st 20 minutes of the show.
• 10:57
  So if you guys are enjoying the show so far, make sure to smash
• 11:00
  that like button. Anyways, we got Gary Leland in
• 11:03
  the house, the Bitcoin boomer, the organ of the Bit block boom
• 11:08
  conference coming up in April in Dallas, TX.
• 11:11
  We got him in the house today. Gary, are you, are you excited
• 11:14
  about this, this so-called summit that's happening in the
• 11:17
  White House? I mean, a lot of things have
• 11:19
  changed in the last year. Yeah, yeah, I am excited.
• 11:22
  And a lot of things have changed the last year.
• 11:24
  Oh my gosh, You would have thought that we're talking about
• 11:27
  putting Bitcoin in a national reserve.
• 11:29
  But then again, once you heard that, who would have thought
• 11:32
  we'd be putting that, talking about putting ADA in there?
• 11:35
  I mean, God, that's crazy talk. Yeah, you even have Brian
• 11:39
  Armstrong and the Winklevoss twins saying it should be
• 11:43
  Bitcoin only, it looks like to me.
• 11:45
  So it's crazy that the shit coins are tokens as sailors
• 11:49
  calling them are in there. I guess that's a politically
• 11:52
  correct way to say it. Instead of shit coins is tokens.
• 11:55
  So but I am very excited. I mean, this is like, you know,
• 12:01
  you knew this was going to happen.
• 12:03
  I mean, it was just a matter of time.
• 12:04
  But I didn't expect it to happen in 2025.
• 12:08
  You know, I thought it would be in the twenty 30s or twenty 40s.
• 12:12
  But yeah, I'm excited as hell. I can't wait to see what happens
• 12:15
  tomorrow and how it affects the price.
• 12:18
  And everybody needs to, you know, we've been saying this for
• 12:23
  years and years, but everybody needs to work on getting some,
• 12:26
  you know, and, and holding on. I know that everybody watching
• 12:29
  this show probably has some, you know, are the odds a high
• 12:31
  percentage of them do. But gosh, you know, you need to
• 12:34
  start orange peeling your friends harder.
• 12:36
  They're getting ready not to have the opportunity before
• 12:38
  long. This is the, you know, we're on
• 12:40
  the final countdown here, final year or two, probably.
• 12:43
  So get out, get your ass out there and start orange peeling
• 12:46
  people. I.
• 12:50
  Mean boom boom yeah. Could you imagine having that
• 12:53
  conversation you got front ran by the US government like that
• 12:57
  would be that'd be so it's so. Embarrassing.
• 13:02
  There'll be there'll be like pre and post STSR.
• 13:10
  I'm pre Sr. Oh you son of a bitch.
• 13:12
  That was post Sr. Opti, what's your take on all
• 13:16
  this bro? Well, first of all, can you pull
• 13:20
  up that face again? Do you have the tweet there of
• 13:22
  of the game? Someone in the chat's like I
• 13:24
  don't see the giddenness again, guys, it was a 7 minute clip and
• 13:26
  we just kind of, you know, took the the the most important chunk
• 13:29
  out of that clip. But I don't know, you know,
• 13:31
  sailor or sorry, therapist is saying.
• 13:34
  Thing is, hold on a second pause pause.
• 13:36
  I noticed this. Two.
• 13:37
  I've never seen Michael Saylor smile like this in my.
• 13:41
  Like it. We've been covering him for four
• 13:43
  years. I've never seen him.
• 13:44
  OK, look, look, we're gonna break this down second by
• 13:47
  second, all right? We're gonna add commentary,
• 13:50
  right? Here we go.
• 13:51
  Look at this. Right, 123-4560.
• 13:57
  I've never seen sailors smile for six seconds straight.
• 14:01
  That doesn't happen. So anyways, out to everything.
• 14:07
  You know, therapist was saying that's the smile you make when
• 14:10
  you know the the US government's going to buy 4 million Bitcoin.
• 14:14
  You know, kind of trolling a little bit.
• 14:15
  Maybe that's the smile you make when you know that MicroStrategy
• 14:18
  will be the strategic Bitcoin reserve for the US.
• 14:22
  But no, like seriously, I think the main signal there, because
• 14:26
  there is two things I want to, I want to comment on the list, but
• 14:29
  kind of the the clip of Sailor himself, I think the main signal
• 14:33
  there for a lot of people is the differentiation between Bitcoin
• 14:37
  and altcoins or tokens as he's calling it.
• 14:39
  And this is what we tried to explain to a lot of people.
• 14:42
  The difference between Bitcoin or what Lutnick is saying that
• 14:44
  Bitcoin will seemingly be treated differently into the
• 14:47
  strategic Bitcoin reserve is that it has no issuer, no known
• 14:51
  issuer. There's no company, no CEO
• 14:53
  behind it, no one is, you know, pulling the strings behind
• 14:56
  Bitcoin. It had this Immaculate
• 14:58
  Conception. No one controls the network.
• 15:01
  It is a neutral money or a neutral monetary network.
• 15:04
  And that is the fundamental difference between Bitcoin and
• 15:06
  everything else. And I think that's a message
• 15:08
  that we need to constantly stress here is like, This is why
• 15:11
  there's Bitcoin and This is why there's everything else.
• 15:13
  And, you know, obviously sailors been a good spokesman.
• 15:16
  He's obviously been the biggest driver for Wall Street or
• 15:21
  corporations and institutional managers to kind of take Bitcoin
• 15:24
  seriously. And I do kind of find it, I find
• 15:26
  it funny that I keep saying this, it's above my pay grade
• 15:29
  thing. I mean, the guy's a billionaire.
• 15:30
  Like, if it's above his pay grade, like what?
• 15:33
  What, you know, who's the guy that is actually making
• 15:36
  decisions? Is it just Elon Musk over here?
• 15:38
  You know, is he going to be the first trillionaire sailor or
• 15:41
  Musk? The the president.
• 15:44
  The president, bro. Obviously I, I, I get it, but
• 15:47
  it's just trolling. Like he's a billionaire, like
• 15:49
  what's above your pay grade bro. But the second thing that I want
• 15:52
  to hit on is that list yesterday we were hearing some
• 15:56
  speculations of who was going to be a part of this working group
• 15:59
  summit and we didn't hear Brad Garlinghouse being a part of it.
• 16:04
  We all know the Ripple lobby has been lobbying the strategic
• 16:08
  Bitcoin reserve and trying to get their shit coins or their
• 16:10
  tokens into the strategic Bitcoin reserve.
• 16:13
  And now we got kind of, you know, some bad confirmation that
• 16:17
  hey, this list personally, guys like I, I see three bit corners
• 16:21
  on this list in particular, you know, Michael Saylor, Paolo from
• 16:25
  Tether, you know, you guys know my view on Tether, but he's a
• 16:27
  Bitcoiner. And I would say Kathy Wood and
• 16:30
  then maybe Bryant Armstrong, like maybe David Sachs and
• 16:33
  everyone else is part of the altcoin lobby.
• 16:35
  So, you know, I'm not that hopeful on it.
• 16:39
  Hopefully we could have got some more Bitcoiners in here.
• 16:41
  But again, one thing that was interesting in that clip from
• 16:45
  Saylor is this idea of the strategic Bitcoin reserve, or
• 16:50
  rather the digital asset reserve will mainly be Bitcoin and then
• 16:54
  maybe the sovereign wealth fund, which, you know, is basically
• 16:56
  like the the USVC funding will have altcoins in it.
• 17:00
  So I think if that's like the differentiation here and that's
• 17:03
  kind of the news that comes out, I think a lot of bit corners
• 17:05
  will be happy. Obviously, we're not going to be
• 17:07
  happy that the US government pumping, pumping all coins, But
• 17:12
  hey, I think that might be the best outcome here.
• 17:14
  Or as everyone in the chat is kind of saying, nothing's ever
• 17:17
  going to happen. I'm sure nothing's going to
• 17:18
  really come out of this and the price is going to dump.
• 17:20
  So, you know, the cynics in the chat like it's just nothing ever
• 17:24
  happened. Here we are again.
• 17:25
  But I think we will see at the very least some kind of clarity
• 17:29
  here on where they're moving forward.
• 17:30
  Maybe we get an official announcement like yo.
• 17:33
  I think, I think he already, he already posted about it on Truth
• 17:37
  Social. Like he already said, we're
• 17:39
  going, we're going forward with this now.
• 17:42
  I think people have very good questions and that journalist
• 17:47
  did an excellent job interviewing Sailor.
• 17:49
  Sailor is an excellent interviewee because his
• 17:52
  responses were extremely well crafted and well thought out.
• 17:57
  He didn't agree to anything. He didn't disagree to anything.
• 18:00
  But essentially it's the smile that gives it away from me,
• 18:03
  right? He must know something we don't.
• 18:05
  We know that Sailor was at Mar a Lago, but essentially like
• 18:11
  essentially like the way that I'm seeing it is Trump's
• 18:14
  basically confirm this. If we've looked at Trump's
• 18:17
  presidency so far, I mean, he's definitely moved the envelope.
• 18:21
  Like with the, you know, the Gulf of America, the Canada
• 18:26
  thing, 51st day, like that's hilarious.
• 18:28
  The the Greenland thing, like that's hilarious.
• 18:31
  And you could tell he's like half serious, right?
• 18:33
  Like he's half serious and all those things.
• 18:36
  He was serious with the Gulf of America.
• 18:38
  So if he goes out there and he says, listen, United States is
• 18:41
  going to, you know, buy $1 million worth of Bitcoin.
• 18:43
  Like, I mean, like, that's not out of the question.
• 18:47
  So I think tomorrow's summit at the White House is going to be a
• 18:50
  big deal. I don't know if there's going to
• 18:52
  be live coverage of it. I'm going to be paying attention
• 18:55
  to that. But I think it's going to be a
• 18:57
  very, very big deal for our industry.
• 18:59
  And I'm telling you guys, I've been telling you this since the
• 19:01
  beginning of the year, and all of you guys have gotten so upset
• 19:05
  with me, but I'm going to stick to my guns.
• 19:08
  If the United States announces that it's going to purchase a
• 19:12
  million Bitcoin or it's going to be a strategic reserve, which it
• 19:16
  basically has already have been announced, is I would not be
• 19:20
  surprised if we saw half $1,000,000 Bitcoin this year.
• 19:22
  I'm, I'm, I'm sticking to it. So many people will give me
• 19:25
  shit. So many people are giving me
• 19:27
  problems for they're like Nika, how can you say that we, we
• 19:29
  can't even cross 100K? I'm telling you, the moment that
• 19:32
  is like telegraphed around the world that the world's most
• 19:37
  powerful and richest and wealthiest government is like
• 19:40
  actively buying the the scarcest asset the world has ever seen,
• 19:45
  like number goes up. Like it's not rocket science.
• 19:48
  Now, the last thing that I'll say and I want to get Gary's
• 19:50
  thoughts before we move on to next segment is Trump is kind of
• 19:56
  in a bind here because he can do this via executive order.
• 20:00
  The problem is that when you do something via executive order
• 20:04
  the the upcoming administration, the next administration can
• 20:09
  reverse it. So if you want something that
• 20:11
  lasts, it has to be done through the legislative process, which
• 20:14
  is the Cynthia Lamas's bill, the Bitcoin Act, right?
• 20:18
  And I don't know if they have the votes.
• 20:19
  The Republicans have 53 votes. They need 7 Democrats to
• 20:23
  essentially sign. They do have a majority,
• 20:25
  majority in the House. So I'm not really worried about
• 20:27
  that. So do they have enough votes to
• 20:30
  really get this, the Bitcoin Act on Trump's desk?
• 20:33
  I don't know. And I asked Senator Lamas this
• 20:36
  question in DC too. She seems very confident about
• 20:40
  it. But I believe the states are
• 20:42
  actually going to beat the federal government to the punch
• 20:44
  because the the the progress the states have been doing on the
• 20:49
  strategic reserve initiatives has been insane.
• 20:51
  Like Utah, it's basically on the finish line.
• 20:54
  So, and shout out to Dennis Porter because he's done an
• 20:56
  incredible work on that end. Anyways, Gary, we're at 883 live
• 21:03
  viewers on YouTube alone, 2400 live viewers across all
• 21:07
  platforms. Do you have any thoughts on this
• 21:10
  specific subject before we move on?
• 21:12
  Well, I don't know. Should I change my thoughts
• 21:13
  since there's so many? Is that why you were updating?
• 21:15
  So I wouldn't know to say the correct thing.
• 21:18
  Hey, I just know one thing that you were talking about when it's
• 21:22
  announced. If it's announced, it's going to
• 21:24
  go to a million because of the people.
• 21:25
  But if they announced they're buying Bitcoin, all the other
• 21:29
  countries that maybe are even buying Bitcoin now will start
• 21:32
  announcing it. Not to be left in a trail.
• 21:34
  China's going to announce it. Taiwan's going to announce it.
• 21:37
  A ton of people are going to announce a ton of countries.
• 21:39
  So it's not just going to affect the, the people.
• 21:43
  It's not just the US that's going to like help it grow.
• 21:45
  It's going to be all the other countries that get on the
• 21:47
  bandwagon once the US gets on the bandwagon.
• 21:50
  And I, I do think that you have a point that the limits bill
• 21:54
  doesn't get brought that an executive order can be
• 21:58
  overruled, but you can do the executive order, put it in
• 22:03
  there. And as people see what's
• 22:04
  happening, other senators and congressman, they'll go, oh,
• 22:07
  wow, that's really doing well. You know, it's a backup, you
• 22:10
  know, that they get on the bandwagon because they see
• 22:12
  what's happening and they start buying.
• 22:15
  I mean, would approve the vote on that just because they see
• 22:18
  what's happening, you know, to the money they're looking at.
• 22:20
  They got some. It's just like if you buy a
• 22:23
  little Bitcoin, you got some skin in the game.
• 22:25
  So you start watching it. An individual starts watching it
• 22:28
  at the dollar cost averaging or whatever, and they get some skin
• 22:31
  in the game and all of a sudden they go, Oh my gosh, I get it.
• 22:34
  And they start buying even bigger.
• 22:35
  And that's what would happen with an executive order probably
• 22:38
  as they'd see what's happening, they'd go, Oh my gosh, why
• 22:41
  didn't we vote on this earlier? Why was I against this?
• 22:43
  I get it now because once you see it, you can't Unsee it and
• 22:47
  it's just a matter of doing whatever it takes to make them
• 22:49
  see him in. An executive order would be the
• 22:52
  next step if we can't get it voted in.
• 22:55
  Yeah, I, I I completely agree and and what I'll say too.
• 22:57
  And we got some we got a comment in the chat, Gary, my beloved
• 23:01
  boomer super fan of bit block boom and the the commenter is
• 23:05
  plastic. That's the name of the the
• 23:07
  username. But but what I will say is there
• 23:10
  is some historical context to what Gary was saying, because
• 23:13
  the six one O 2 order by FDR where essentially it made it
• 23:17
  illegal for Americans to hold gold.
• 23:20
  That was an executive order. The legislation happened after
• 23:24
  the fact, right? Like it went to the courts, like
• 23:27
  it was a whole big deal that the president did this.
• 23:30
  But then essentially it became legislation after the executive
• 23:35
  order. So this has happened in history
• 23:37
  before. Now the question is, how far is
• 23:41
  Trump willing to go? I mean, he did promise this
• 23:43
  number go up. He did say that you're going to
• 23:45
  have fun with your bitcoins in Nashville.
• 23:48
  Let's see what he does. Let's see what he does.
• 23:49
  I'm looking forward to it. I think it's going to be a
• 23:52
  historic, you know, summit at the White House.
• 23:56
  And boy, have we come a long way as an industry.
• 23:58
  I mean, I think last year we were essentially on live
• 24:02
  support, on life support because of the attacks coming out of the
• 24:07
  Biden administration. Like it's been essentially a
• 24:09
  complete, you know, complete 180, which has been amazing.
• 24:14
  I do want to give a shout out to the live show today.
• 24:15
  Absolutely popping almost 1000 live viewers on YouTube.
• 24:18
  Guys, if you guys are enjoying the show so far smash that like
• 24:21
  button 167 viewers on Rumble Rumble Rumble's popping off and
• 24:26
  of course the X audience 1600 live viewers.
• 24:29
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• 24:32
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• 24:34
  help us break 300 likes within the 1st 30 minutes of the show
• 24:37
  smash that like button share the show as well.
• 24:41
  Try to help us get the orange signal out there anyways guys
• 24:44
  before we move on to the next segment.
• 24:46
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• 26:31
  All right, everybody, let's hit the numbers.
• 26:32
  We have tons to cover on today's show.
• 26:34
  I'm going to give you a little bit of, we have a clip from Luke
• 26:38
  Gorman on the Tucker Carlson show.
• 26:40
  We have an article coming out of Forbes.
• 26:43
  I mean, this is something that check, check out this headline,
• 26:47
  right? It's crazy.
• 26:48
  Watch out, forget Trump, China is quietly priming A1 point $4
• 26:53
  trillion Bitcoin price boom. That is Forbes, ladies and
• 26:57
  gentlemen, That is not a simply Bitcoin title.
• 27:00
  So we're going to definitely go check out that article, Really
• 27:02
  looking forward to it. And during the culture segment,
• 27:05
  we're going to take advantage of the fact that we have Gary
• 27:07
  Leland in the house and we're really talking about Bitlock
• 27:10
  boom, one of the best Bitcoin conferences of the year.
• 27:13
  It's coming up in Dallas, TX. In less than a month.
• 27:16
  We hope to see all you guys there.
• 27:18
  We're going to be talking about that during the culture segment.
• 27:20
  So everybody stay tuned. Smash the like button and we'll
• 27:23
  be right back. I want to tell you guys about
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  Use promo code simply to get 15% off anything on the Stamp
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  se-ed.com store. At the time of recording, the
• 29:08
  Bitcoin price is 88,570, block height 886, 1607 sats per
• 29:15
  dollar, 1129 market cap 1.76 trillion Bitcoin versus gold
• 29:21
  market cap 8.57% percentage issued 94.44% decline from all
• 29:26
  time high -18% That's right, ladies and gentlemen, if you buy
• 29:30
  Bitcoin right now, you're getting basically a 20%
• 29:34
  discount. That's very nice.
• 29:35
  Realize monetary inflation, we're sitting pretty at .95%.
• 29:40
  I mean that number continues to go down.
• 29:42
  When me and Opti started covering this, it was actually
• 29:44
  higher than 2%. When we started adding the stat
• 29:48
  3 something, it was like 3 something man.
• 29:50
  And and it's just continued to go down and we're going to
• 29:53
  continue. This is my favorite stat out of
• 29:55
  everything. It just embarrasses Fiat
• 29:56
  currencies. Even if they get it to 2%,
• 29:58
  Bitcoin is just going down forever the inflation rate.
• 30:01
  Anyways, here's John Harr, appreciate his work.
• 30:04
  Big fan of his and he reposts this clip of of Tucker Carlson,
• 30:09
  the Tucker Carlson show and he's Luke Roman.
• 30:11
  Luke Roman has done the rounds, you know, across all the he's
• 30:15
  done all the Bitcoin circuit podcasts, right.
• 30:19
  But John Hart says it's incredible to see otherwise
• 30:21
  knowledgeable people really consider the question what is
• 30:25
  money for the first time. And I think this is a question
• 30:29
  that a lot of us, we obviously know we're like, we, we, we find
• 30:34
  the solution, but I think the world is slowly asking that
• 30:38
  question themselves. What is money, right?
• 30:39
  And I think we're seeing this the most in the developing world
• 30:43
  where essentially people are, are seeking alternatives out of
• 30:47
  necessity. So for the first time, if you
• 30:51
  live in, you know, an, an African country or a South
• 30:54
  American country with, with high inflation, because of the
• 30:58
  Internet, you have the ability to just download a digital
• 31:01
  wallet and use an alternative form of money other than your
• 31:05
  local Fiat currency. But I think in the West, where
• 31:09
  we have the financial privilege to use Gladstein's words, the
• 31:13
  incentive really isn't there. Like, so people are more asleep
• 31:16
  to it because to use Jeff Booth's way of describing it,
• 31:20
  the money, the inflation, the inflation rate isn't high enough
• 31:24
  for people to realize they're being stolen from.
• 31:26
  I love the way he phrases that, right.
• 31:28
  So anyways, let's take out this this this clip from the Tucker
• 31:31
  Carlson show. And then me, Opti and Gary are
• 31:34
  going to talk about it. I don't know that these ancient
• 31:37
  cultures were thinking about gold in terms of stock to flow,
• 31:41
  but I think ultimately what they were looking at is stock to flow
• 31:46
  means it keeps well, right? You can put gold in.
• 31:49
  It's it's the most money like commodity there is.
• 31:53
  And that's why I think independently around the world,
• 31:56
  all these cultures, all these cultures, excuse me, arrived at
• 32:00
  gold as the savings store of value par excellence.
• 32:06
  It doesn't. That's so interesting.
• 32:08
  So you wait, you're so I said, well, how weird that gold would
• 32:11
  be, You know, the most enduring story of value because you can't
• 32:15
  eat it or heat your house with it.
• 32:16
  And you're saying that's why it's the most enduring.
• 32:19
  It's precisely why, I mean, it's, it's very, it's easily
• 32:21
  divisible, right. So in the old, even in old days
• 32:23
  using old technology thousands of years ago, you could you
• 32:26
  could divide into very small amounts.
• 32:28
  It doesn't rust. And so there were obviously in
• 32:31
  the old days in particular, very practical applications.
• 32:34
  You know, you store a bunch of your wealth and wheat and it
• 32:37
  gets mold and it's all gone, right?
• 32:39
  You use oil, you have a spill, it's all gone.
• 32:42
  The gold, it's much more portable.
• 32:44
  It's divisible, malleable, it doesn't rust.
• 32:46
  So there's, I think some practical things, but I think
• 32:48
  ultimately it's the most money like thing with those and it has
• 32:55
  always been for all recorded history.
• 32:57
  I, I, I do think there's something at the core like
• 33:06
  everyone is reaching the same conclusion, right?
• 33:09
  And this is something that I think people have to understand,
• 33:12
  right? Which is once you start going
• 33:14
  down this rabbit hole, and I've had conversations with with gold
• 33:17
  bugs about this, like I think the gold bugs to give them a lot
• 33:22
  of credit. Ron Paul, Larry Leopard, Gary,
• 33:25
  Were you a fan of gold? No, I never was a fan of gold to
• 33:30
  be honest with you. I wasn't a gold bug that turned
• 33:33
  into a a Bitcoin guy. I was a.
• 33:38
  Bitcoin guy, straight, straight Bitcoin guy.
• 33:40
  So a lot of the the gold bugs got it right, like their their
• 33:43
  thesis, their thesis about broken money, sound money.
• 33:47
  It was right. But I think where gold came up
• 33:49
  short is its physical characteristics, right?
• 33:52
  And it's because of its physical characteristics is essentially
• 33:55
  allowed the government to Co opt it in a way, right?
• 33:57
  You can't send golds, you know, across the ocean
• 34:00
  instantaneously. You don't know how much gold is
• 34:04
  in space or under the ground. Like you have no idea, right?
• 34:08
  And then this is where Bitcoin is superior.
• 34:10
  This is what sailor has been essentially screaming for the
• 34:13
  from the rooftops for the last four years.
• 34:15
  It is a better form of gold. And I think people are still not
• 34:19
  not waking up to it. We got wine a kiss in the chat
• 34:22
  trolling us, bro. You're asking Gary like he was
• 34:24
  there for the gold rush. That's funny.
• 34:28
  Oh, man, wine, wine. I'm wine a kiss.
• 34:32
  So but yeah, it's it's crazy that people are are are you
• 34:38
  know, wine a kiss at the Super chat.
• 34:41
  Where do I get Optus hoodie? We'll get to that wine.
• 34:45
  But yeah, so I mean, it's it's crazy that that people are just
• 34:49
  coming to this conclusion, right?
• 34:51
  They're coming to this conclusion of of like they're
• 34:53
  going down the rabbit hole. They're reaching gold
• 34:56
  inevitably, if you ask the question, what is money?
• 34:58
  What is sound money? You're going to come to the
• 35:01
  inevitable conclusion that it's Bitcoin.
• 35:03
  It's just a matter of time. Like there's there's people like
• 35:06
  they're Peter Schiff that they spent their entire life, you
• 35:09
  know, screaming from the rooftops that it was gold.
• 35:11
  They built a business around it. And then, you know, of course
• 35:15
  they didn't, they didn't feel like they got in at the right
• 35:17
  time. So they feel a little bit sour
• 35:19
  about it. But even I think Peter Schiff
• 35:21
  knows that he's, you know, that he got it wrong.
• 35:25
  Also appreciate the $10 from Ron P Thank you bro.
• 35:28
  Appreciate the Super chat. I'm going to pass it on to Gary
• 35:31
  cause Gary, apparently, according to our chat, people
• 35:35
  believe that you were at the you were in the gold rush.
• 35:39
  Yeah, yeah, for sure. You know, I didn't even too much
• 35:43
  thinking about what was money or how is being destroyed or any of
• 35:48
  those things that all Bitcoiners think of and worry about.
• 35:52
  And I guess gold bugs do too. Until I got into Bitcoin and
• 35:55
  that really, really made me see all that and and actually start
• 35:59
  studying money. And I've read so much on that
• 36:01
  now that I feel like I'm kind of like a a semi expert on it.
• 36:05
  But Bitcoin does that for sure. I think, you know, Peter Schiff,
• 36:11
  for instance, has got to be the worst financial advice of all
• 36:14
  time. You know, I mean, literally, I
• 36:17
  mean, he's still gold's gone up, don't get me wrong.
• 36:20
  But he keeps talking about Bitcoin, telling people not to
• 36:23
  do it. I mean, you know, and it just
• 36:25
  keeps destroying gold. So, you know, we were talking
• 36:29
  about gold and people talking about it, but gosh, it's it's
• 36:31
  just he's the worst there ever. Was.
• 36:34
  I don't, I don't even know how anyone does business with him.
• 36:37
  I mean, or does anyone do business with him and he just
• 36:39
  gets out there and yaks and everybody thinks people do
• 36:42
  business with him and use him as an advisor.
• 36:44
  But yeah, the The thing is, Bitcoin might be portable, which
• 36:49
  was said by that guy in that statement.
• 36:51
  That's one of the key things. But it isn't that damn portable.
• 36:55
  You know, if you're trying to leave the country and stuff's
• 36:58
  happening and you got $1,000,000 worth of gold, you're not
• 37:01
  getting much anywhere. I mean, it's not you're doing a
• 37:03
  wheelbarrow or put it in the back of your car and make it
• 37:05
  through the borders, you know, without someone taking all that
• 37:08
  from you. So I think there's a different
• 37:12
  concept of portability between Bitcoiners and everybody else.
• 37:16
  Bitcoiners know what true portability is.
• 37:19
  The rest of the people just think what they have is
• 37:21
  portable, but it's not portable at all.
• 37:24
  I mean, if all hell breaks loose, you know, which could
• 37:26
  happen. I mean, societies breakdown all
• 37:28
  the time. If all hell broke loose and you
• 37:30
  got in your car and started driving down the road with all
• 37:32
  your gold in the back and think probably going to wear your
• 37:35
  tires down first of all, that shit so heavy.
• 37:38
  But first blockade you come to, and it's going to be blockades
• 37:40
  like every 10 miles, someone claiming that piece of land, by
• 37:43
  the time you get where you're going, you aren't going to have
• 37:46
  your car, much less all the gold in the back there, and you
• 37:48
  certainly aren't hauling it in the backpack.
• 37:50
  So portability is different things to different people.
• 37:54
  And I think Bitcoiners really understand portability more than
• 37:57
  anyone else does because they have something that's portable,
• 38:00
  truly. Portable.
• 38:01
  So that's my thoughts on. That 100 percent, 100% Winekiss
• 38:04
  is trolling, is trolling us in the chat.
• 38:07
  I think that's a really good point, Gary.
• 38:09
  I think, I think a lot of people forget that, right?
• 38:13
  You know, God forbid something happens or, you know, we've seen
• 38:16
  this throughout history so many times, right, where, you know,
• 38:19
  the political situation in that country gets bad.
• 38:22
  Yeah. Try getting on a plane with your
• 38:25
  life savings, right? What if it's in cash or gold?
• 38:29
  And if you think that the border guards on the other side aren't
• 38:32
  going to know, you know, you're completely naive.
• 38:35
  But that changes the discussion when you can essentially
• 38:38
  memorize 12 words or 24 words. And what are you going to do?
• 38:42
  Like, what are you going to do? Right.
• 38:44
  So anyways, yeah, it's it's it's a complete, you know, pivotal
• 38:48
  shift in in human history. Bitcoin enables this.
• 38:51
  Opti, what's your take on this man?
• 38:53
  I mean, Luke Groman, bro, he's so close, but so far submit.
• 38:57
  But people were mentioning his his show on TFTC.
• 39:03
  Believe he was on TFTC recently. What's your take?
• 39:06
  Copy? I don't know if you saw that.
• 39:07
  Now, I didn't catch it, but I do catch some snippets of Luke
• 39:10
  Roman going around and he does seem to be super close.
• 39:14
  It seems like he's like right on the edge of the Cliff to
• 39:17
  understand Bitcoin. I thought he was a Bitcoiner, to
• 39:19
  be honest, because he talks with a lot of Bitcoiners so much that
• 39:23
  I, I guess I, I gave it as a given that he was a Bitcoiner.
• 39:26
  But the point that I kind of want to hit on, which I think is
• 39:29
  the main point and Gary hit on it as well, is, you know, seeing
• 39:32
  Tucker's response to what is money?
• 39:35
  You're starting to see that literally no one ever asked
• 39:37
  himself what money is, especially if you're in the US.
• 39:40
  We, we take the dollar for granted and it, you know, you
• 39:43
  don't really understand, require as much money as possible to
• 39:45
  survive. And yet so few people actually
• 39:48
  ask themselves what money is until you probably start to fall
• 39:52
  down the Bitcoin rabbit hole. I know I never asked myself what
• 39:55
  money was before I found Bitcoin.
• 39:56
  And then once you find it and you realize, you know, there are
• 39:59
  money properties that make one money a better money.
• 40:03
  And if you know any historical context of like monetary
• 40:06
  history, you know money's changed from different forms
• 40:09
  throughout the, the, you know, the dawn of man, whether it's
• 40:11
  been from salt seashells, you know, to big stones.
• 40:14
  To gold, to paper, to now finally Bitcoin.
• 40:16
  And so I do think we are seeing kind of and I don't know if I'd
• 40:21
  say the great awakening yet, but you know some a level of
• 40:24
  consciousness raising around what money is.
• 40:26
  And I think this is happening in real time.
• 40:28
  And so even just having these conversations on a big platform
• 40:31
  like Tucker Carlson and seeing Tucker kind of like ask the
• 40:34
  question that we talk about all the time, and then no one asks
• 40:37
  themselves what money is. And yet people are starting to
• 40:39
  ask themselves what money is because we're starting to see
• 40:42
  that, hey, things are crumbling around us.
• 40:43
  Like, what is the reason? Obviously, Bitcoin is what we
• 40:46
  say it's about the money. It's always been about the
• 40:48
  money. It will always be about the
• 40:49
  money. And what we're seeing is people
• 40:51
  start to adopt A harder, better money and thus live a better
• 40:55
  life and thus build a better society.
• 40:58
  It's happening slow, but I think just having these conversations
• 41:01
  and people ask themselves what is money is the 1st move to
• 41:05
  becoming a bitcoiner. If you don't ask yourself that
• 41:07
  fundamental question, you're never going to be a bitcoiner.
• 41:10
  You're going to take the dollar for granted.
• 41:11
  You're going to be like, OK, you know, whatever.
• 41:13
  I don't care about this stuff going on the Internet.
• 41:15
  You nerds with your Internet nerd money don't care about
• 41:18
  that. I get dollars.
• 41:20
  That's all I care about. You know, $1.00 equals $1.00.
• 41:22
  In reality, when people start to learn, you're like, wait,
• 41:25
  actually my purchasing power, my store value capabilities in this
• 41:28
  dollar are getting diminished. And This is why I'm stuck in the
• 41:31
  rat race. And once you unplug and ask
• 41:33
  yourself that question, what is money?
• 41:35
  You become a big corner. That's the first move there.
• 41:38
  So, you know, I love to see people ask themselves these
• 41:40
  questions because we do it all the time.
• 41:44
  Oh man, the chat is. Wild today I can't I can't keep
• 41:49
  a straight face. Nico hired a plumber as his
• 41:53
  interior decorator. Nailed some.
• 41:54
  All right, guys, if you guys are enjoying the show so far, make
• 42:01
  sure to smash that like button. We're on the verge of breaking
• 42:03
  1000 live viewers on YouTube. We just broke 2000 live viewers
• 42:06
  on X and 250. Holy cow, 250 live viewers on
• 42:11
  Rumble. If you guys are enjoying the
• 42:12
  show, make sure to smash that like button.
• 42:15
  I do want to mention we just dropped our limited edition
• 42:19
  merch which is flying off the shelves.
• 42:21
  We should have ordered more but hindsight is 2020 guys get the
• 42:25
  newly branded simply Bitcoin hoodie that says moving the
• 42:29
  cultural needle towards worldwide Bitcoin adoption.
• 42:31
  On the back, the simply Bitcoin T-shirts and of course the hats.
• 42:35
  The hats are what sell out first normally, so get yours while
• 42:40
  supplies last. If you guys want to support the
• 42:42
  show, the hoodie is extremely comfy.
• 42:44
  Opti's wearing it right now. We really pay attention to
• 42:47
  quality. Opti's going to model it.
• 42:49
  Opti, could you model it for us please?
• 42:54
  Thank you, Opti, appreciate it. So yeah, get your get yours
• 42:57
  while supplies last. Head over to simplybitcoin.com
• 43:01
  today. This is a great way to support
• 43:03
  the show and help push the peaceful Bitcoin revolution.
• 43:06
  All right everybody, we're going to hit the news segment.
• 43:09
  We're going to be talking about this crazy, absolutely bonkers
• 43:13
  Forbes article, which you guys are definitely going to want to
• 43:15
  hear about. It's titled Watch out, Forget
• 43:18
  Trump. China is quietly priming a $1.4
• 43:22
  trillion Bitcoin price boom. So what is all, what is all of
• 43:28
  that about? I mean, everyone's paying
• 43:29
  attention to what's happening at the White House and Forbes is
• 43:32
  like, no, no, no, you got to pay attention to what's happening in
• 43:34
  China. So we're going to be talking
• 43:35
  about that. We're really excited for it.
• 43:37
  And of course, during the culture segment, we have Gary
• 43:40
  Leland in the house, creator of the Bit Block Boom Conference.
• 43:44
  And we're going to be talking about the Bit Block Boom
• 43:46
  conference that's coming up in less than a month.
• 43:50
  And you guys definitely don't want to miss it.
• 43:51
  So we will be right back. I want to give a shout out to
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• 46:26
  All right, everybody, we. Are back and we are going to go
• 46:30
  jump straight into the China article.
• 46:33
  But first I'm going to make Opti full screen.
• 46:39
  All right, everybody, the name of the.
• 46:41
  Article is watch out. Forget Trump, China is quietly
• 46:44
  priming a $1.4 trillion Bitcoin price boom.
• 46:49
  It goes on to say Bitcoin has traded across a range almost
• 46:52
  20,000 this past week as investors gear up for what could
• 46:56
  be an explosive weekend. The Bitcoin price has bounced
• 47:00
  back after dropping to under $80,000 per coin, climbing to
• 47:04
  over 90,000 as U.S. President Donald Trump Commerce
• 47:08
  Secretary Howard Leupnick reportedly confirms a Trump
• 47:11
  bombshell. Now, after Elon Musk issued a
• 47:14
  surprise crypto price warning, China is considering ramping up
• 47:18
  its economic stimulus measures, something that's previously
• 47:22
  pushed risk assets like Bitcoin higher.
• 47:26
  And it goes on to say watch out for the so many ads.
• 47:30
  Wow, watch out for China, Arthur Hayes, a Co founder of Bitcoin
• 47:35
  and crypto derivatives pioneer Bitmex who went on to set up the
• 47:39
  Malstrom Investment Fund, wrote in a blog post predicting a
• 47:43
  final filthy Fiat financial market convolution before the
• 47:48
  the globe led by the US can retaliate and take Bitcoin
• 47:52
  beyond $1 million. Xi Jinping wants to keep the
• 47:56
  yuan stable against the dollar, whether for good or bad.
• 47:59
  If the dollar supply increases, he can instruct the People's
• 48:03
  Bank of China to increase the yuan supply, ensuring they don't
• 48:07
  the dollar yuan exchange rate remains stable.
• 48:10
  This week, China's central bank governor Bang Gongshang
• 48:14
  confirmed the People's Bank of China will cut interest rates
• 48:17
  and inject liquidity into the financial system through cuts to
• 48:21
  the amount banks are required to hold as as reserves.
• 48:25
  China's stimulus this plans have been accelerated by Trump's
• 48:28
  tariffs on the country, which are threatening to escalate into
• 48:32
  a full blown global trade war. In November, China unveiled a
• 48:37
  $1.4 trillion debt package to ease local government financing
• 48:42
  strains and stay stabilized. Flag flagging flagging flagging
• 48:48
  economic growth amid pressure from the re election of Donald
• 48:51
  Trump as U.S. President.
• 48:53
  Quote In previous instances when China has ramped up monetary
• 48:57
  stimulus and injected excess liquidity into the system in
• 49:00
  2015 and in 2020, excess liquidity found its way into
• 49:05
  alternative assets, a spokesperson for Bitcoin and
• 49:09
  crypto platform Nexo told The Block.
• 49:12
  Quote, Such stimulus could have broader implications for global
• 49:17
  markets, increasing appetite across equities and alternative
• 49:21
  assets. And it goes on to say,
• 49:24
  meanwhile, unconfirmed report, unconfirmed rumors and wild
• 49:28
  speculation are flying on social media that China could be
• 49:32
  planning to create its own Bitcoin reserve.
• 49:34
  This is something that Gary said in the beginning of the show.
• 49:37
  Other countries are not going to have a choice but to follow in
• 49:41
  the footsteps of the United States if they go along with the
• 49:46
  US strategic reserve. So it goes on to say, quote,
• 49:49
  China is now working double time to stand up their own strategic
• 49:53
  Bitcoin reserve, said CEO of Bitcoin Magazine.
• 49:56
  David Bailey goes on to say, quote, they've been holding
• 50:00
  closed door meetings on the topic since the election.
• 50:04
  That's not surprising at all. This is the game theory playing
• 50:07
  out in real time. So while everyone's paying
• 50:10
  attention to the White House meeting tomorrow across the
• 50:13
  Pacific, China might be stacking the dip as we speak anyways.
• 50:18
  I mean, this is pretty crazy. Not surprising whatsoever.
• 50:23
  And this is the game theory. We all knew this was gonna
• 50:25
  happen. This was an inevitability in the
• 50:27
  eyes of Bitcoiners. Gary, what are your thoughts?
• 50:31
  Is China going to beat the US to the punch?
• 50:35
  Whether they beat it to the punch.
• 50:37
  Is, is not really the deal, is not really the concern.
• 50:40
  This goes back to what we were talking about earlier.
• 50:42
  And if they have to do an executive order to start the
• 50:46
  reserve and then China goes and buys 1.4 trillion, do you really
• 50:50
  think they're going to have a really super hard time getting
• 50:52
  that voted through? You know, if so, if the
• 50:55
  executive order to start it is what makes China by one 4.4
• 50:59
  trillion, that's going to come back to us and then we're going
• 51:03
  to vote it in instead of it being an executive order.
• 51:06
  So that's a positive really doesn't matter who goes first.
• 51:09
  But the thing I thought was interesting about that is how
• 51:11
  little people care about devaluing money that they
• 51:15
  announced that a US prints any money they're going to print
• 51:18
  more. I mean, it's just like, hey,
• 51:20
  just print the hell out of this stuff.
• 51:21
  Nothing to it. Turn the button on the computer,
• 51:24
  We'll have a lot more money here.
• 51:25
  Who cares what it does to the people?
• 51:27
  So which we know they don't care anyway.
• 51:30
  But yeah, the the real thing is if China gets $1.4 trillion
• 51:36
  worth of Bitcoin, I don't even know much Bitcoin that is, I
• 51:39
  guess that's got it. That's most of the that's most
• 51:41
  of the supply. It's got to be over a million.
• 51:46
  I mean, so, but anyway, that's all I got to say is that it'll
• 51:50
  make US. Yeah, absolutely.
• 51:52
  So the market cap of Bitcoin I believe is 1.7 trillion.
• 51:56
  So it would essentially be buying almost on the entire
• 52:00
  supply. Market cap just doubled.
• 52:02
  Overnight. No, it would it.
• 52:05
  Would that's going to get expensive.
• 52:08
  Bro if they. Smash bought 1.4 trillion.
• 52:11
  That the price would go to a million, dude.
• 52:12
  More than that, that no one would say.
• 52:14
  No one would sell. Would you sell?
• 52:16
  I wouldn't sell. I'm not.
• 52:18
  I'm not selling. Opti.
• 52:19
  What's your take on this man? Is China going to be?
• 52:22
  I don't think Trump's going to allow that.
• 52:24
  I don't think Trump's going to allow that, man.
• 52:26
  Yeah, well, I mean. I think, well, first of all,
• 52:29
  this, this is massive. It's true, obviously massive.
• 52:33
  It's true. We all know that when
• 52:36
  governments start, you know, creating more money that more
• 52:41
  liquidity in the market. Quantitative easing or wait, no,
• 52:44
  yeah, quantitative easing and all that liquidity will
• 52:47
  eventually find its way into Bitcoin.
• 52:49
  Money printers seemingly is going to go Burr.
• 52:52
  And once they create more dollars, people either
• 52:55
  intuitively or very consciously understand that they are
• 52:58
  debasing the currency and they have to go in something that
• 53:01
  cannot be debased. And obviously, we always think
• 53:03
  that that's going to be Bitcoin. So if this is actually
• 53:06
  happening, this is huge. And and like Gary was saying,
• 53:09
  like Miguel was saying, the US is obviously not going to let
• 53:13
  China just get away with this. Let them print a bunch of money,
• 53:16
  buy a bunch of Bitcoin, stack their own strategic Bitcoin
• 53:19
  reserve, and then we sit on the sideline and not compete on the
• 53:22
  monetary level of getting our own Bitcoin.
• 53:25
  Like that's just not going to happen.
• 53:27
  As anyone knows anything about politics right now.
• 53:30
  There's a few big biggie men in the room and China is one of
• 53:33
  them. And we're not going to let them
• 53:34
  win in this race to Bitcoin, especially when Trump's been
• 53:37
  talking about it and telegraphing this for so long.
• 53:39
  So if the money printer is going to get get turned on in China
• 53:43
  and people are going to get used some of that liquidity get into
• 53:46
  Bitcoin, I'm sure we will turn on our money printer and the
• 53:49
  game just accelerates and everyone sitting here, well,
• 53:55
  just get richer because all that money is going to find its way
• 53:57
  into Bitcoin. But yeah, hey, one point what
• 53:59
  $1.4 trillion smashed by a Bitcoin.
• 54:03
  Who knows what that multiplier effect will be into Bitcoin.
• 54:06
  But I would venture to guess we would hit overnight prices that
• 54:09
  are unheard of right now. And then the US would magnify
• 54:12
  that exponentially and do the same thing and debase their
• 54:16
  currency. And then it seems like it's game
• 54:18
  over for this and Bitcoin just wins like overnight.
• 54:21
  Obviously, as someone that's become more, more bearish on a
• 54:25
  strategic Bitcoin reserve recently, let's hope that they
• 54:28
  don't do this. I do not want China nor the US
• 54:30
  government to hold that much Bitcoin.
• 54:32
  But hey, I, you know, I, I, I don't mind the narrative around
• 54:35
  it. I think that's what Gary is
• 54:36
  saying, which is the biggest thing happening right now that
• 54:40
  as we're seeing, we are kind of in bull market territory and any
• 54:42
  good news is going to pump the price.
• 54:44
  And I think the narrative around the strategic Bitcoin reserve is
• 54:47
  a lot stronger than if anything even magnifies.
• 54:49
  So the fact that we're seeing this game theory play out or
• 54:52
  like, you know, a Mexican standoff here where everyone's
• 54:55
  pointing guns and saying like, hey, we need to buy some
• 54:58
  Bitcoin. I think that is the catalyst
• 55:01
  here for for pumping the Bitcoin price.
• 55:02
  It is narrative, it is rhetoric. Yes, we acknowledge that, But I
• 55:06
  think this is sending a huge signal around the world that you
• 55:09
  need to buy some Bitcoin. You can no longer sit on the
• 55:11
  sidelines right now, especially when you have countries in the
• 55:14
  Middle East, you have China, you have the US, you have basically
• 55:18
  all of the big superpowers in every, you know, decent economy
• 55:22
  in the world talking about acquiring some Bitcoin.
• 55:24
  What are you doing sitting on the sideline as an individual
• 55:27
  right now? You should be buying Bitcoin.
• 55:29
  It's very simple and you can tell that a lot of people still
• 55:33
  don't understand what is going on.
• 55:34
  Maybe it's because they don't understand what money is.
• 55:37
  But hey, the game theory is in OverDrive and it looks like the
• 55:40
  end of the year is going to get crazy if they turn on the money
• 55:43
  printer. Absolutely.
• 55:45
  You know if. This goes to.
• 55:46
  If they buy 1.4 trillion as Bailey's saying, and as you're
• 55:50
  saying, the price goes to a million, what in the hell is
• 55:53
  micro Stretchy gonna be? Is that gonna be the most?
• 55:56
  Expensive. Stock there is, I mean is.
• 55:58
  That gonna be like the. Most expensive stock on the
• 56:00
  planet, most valuable company on the planet.
• 56:02
  I don't know. I don't know what the numbers
• 56:04
  are on that, but I know it's gonna move him up.
• 56:06
  I think he's definitely and. I think, I think, oh man, this
• 56:09
  is gonna be crazy. It's gonna be absolutely nuts.
• 56:11
  I mean, we, we've all been expecting this.
• 56:14
  It's just happening a lot faster than we anticipated.
• 56:16
  By the way, we broke 1000 live viewers on YouTube 1009.
• 56:23
  Shout out to the YouTube audience.
• 56:24
  We're on the verge of breaking 300 live viewers on Rumble and
• 56:27
  on X. We're at 2298 live viewers.
• 56:31
  If you guys are enjoying the show so far, make sure to smash
• 56:34
  that like button. We blew past our goal of 300
• 56:37
  likes. We're on the verge of breaking
• 56:39
  400 likes. Help us break 500 likes.
• 56:41
  That's right, 500 likes by the end of the show.
• 56:46
  Guys, we still have a loaded show for you guys.
• 56:47
  We're going to be talking to Gary Leland, the organizer of
• 56:52
  the Bit Block Boom Conference coming up in Dallas, TX, April
• 56:56
  3rd through the 6th. You definitely don't wanna miss
• 56:58
  it. It's gonna be one of the best
• 57:00
  Bitcoin conferences of the year. So we're gonna be talking to
• 57:03
  Gary about that. Also, by the way, for anyone
• 57:06
  who's tuned in right now, we are going to be giving away a
• 57:09
  ticket, That's right, a free ticket to the Bit Block Boom
• 57:14
  Conference during the culture segment, and Opti is going to
• 57:18
  pick the winner. That's right.
• 57:19
  Opti is going to pick the winner out of everybody.
• 57:23
  If he doesn't pick you, you have to get upset with Opti.
• 57:28
  No, but I guess we're going to figure it out live.
• 57:30
  We're going to roll with it live.
• 57:32
  Drop something in the comment, drop something in the chat.
• 57:34
  Let us know you guys are tuned in.
• 57:36
  You guys want to go to Bitblock Boom and we'll figure it out.
• 57:39
  So anyways, guys, we're going to hit the culture segment.
• 57:42
  We will be right back. I want to give a shout out to
• 57:46
  our partner Hive Digital Technologies.
• 57:49
  As the first ever public miner Hive's position to quadruple
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  their global footprint in 2025 and as the first with an AI
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  they're green and clean, and they're changing the game.
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  You can catch the latest buzz by following them at Hive Digital
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  Tech or check out their website at hivedigitaltech.com.
• 58:38
  I want to give a very special. Shout out to our sponsor Compass
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  your success. I'm making up the full screen.
• 59:32
  Once again, could you break down the rules of the giveaway?
• 59:35
  Honestly, I don't know the. Rules yet we're literally making
• 59:38
  them in real time, Gary told us literally right before we
• 59:41
  started the show to. Give to give Gary credit, OK, he
• 59:46
  did tell me a couple days ago, but I completely forgot I
• 59:49
  completely. Forgot so we.
• 59:50
  Told me right at the start of. The show, hey, we're giving a
• 59:52
  free ticket and we tried to do the random one, but I don't
• 59:56
  know, I guess you guys are working right.
• 59:58
  You guys are working. So let's actually, let's throw
• 1:00:01
  some, let's throw some ground rules here guys.
• 1:00:04
  Before we do, you know why we should go there?
• 1:00:07
  If you're wanting to go, make sure you're actually capable of
• 1:00:11
  going. So I don't want to give away a
• 1:00:12
  ticket to someone that can't make it.
• 1:00:14
  It is literally a month away. It's going to be in Dallas.
• 1:00:18
  You know, you're going to have to figure out where to stay trip
• 1:00:20
  to get there. So make sure you're actually
• 1:00:22
  capable of going before I start picking people.
• 1:00:25
  But I do feel really good. I feel like a a dictator emperor
• 1:00:29
  here because everyone's simping for me in the chat.
• 1:00:31
  So I'll do my best to be objective here.
• 1:00:34
  Nico, I don't know how we're going to do this.
• 1:00:38
  I should have some more warning on this.
• 1:00:39
  But we'll figure it out. So in the chat right now, before
• 1:00:43
  Gary talks about big box boom, let me know if you can actually
• 1:00:47
  get to Dallas in a month to go to this conference.
• 1:00:50
  And then from there I'll figure out something as the bit goes on
• 1:00:54
  to, you know, finalize who I'm going to pick.
• 1:00:57
  OK, Gary, thank you for coming on.
• 1:01:01
  As you can tell, we have we have a frenzy in the chat now about
• 1:01:04
  getting a free ticket. Maybe we should have done a
• 1:01:07
  tweet about it or something. But anyways, Gary's, you know,
• 1:01:11
  the, the, the self-proclaimed Bitcoin boomer behind Bit Block
• 1:01:16
  Boom. It's our home conference, Nico
• 1:01:18
  and I love this conference. I've, I've been telling you for
• 1:01:20
  a long time, this is where I met all of my, I would consider now
• 1:01:23
  my family that are Bitcoiners. I literally moved to Dallas
• 1:01:27
  after meeting Bitcoiners at Bit block Boom.
• 1:01:30
  And yeah, here we are. So Gary, the floor is yours.
• 1:01:33
  Let's talk about Bit block Boom and I'll, I'll kind of look at
• 1:01:36
  the chat and see what's going on in here.
• 1:01:38
  OK, we'll figure it out there, Opti.
• 1:01:40
  Well, a bit. Block boom is April the 3rd,
• 1:01:42
  4th, 5th and 6th that's the full time of events there it's in
• 1:01:47
  Dallas, TX. This is our 8th year, which
• 1:01:49
  makes us the longest running Bitcoin conference is which is
• 1:01:54
  pretty cool. We we did it even COVID.
• 1:01:56
  I think we're the only ones that did it during COVID.
• 1:01:58
  So we are we like doing conferences.
• 1:02:01
  We have we have a great time at the conference tickets.
• 1:02:04
  Thinking about buying a ticket, It goes up and prices go up in
• 1:02:07
  25 days. And if anyone who has a ticket
• 1:02:11
  already, I do want to state this.
• 1:02:13
  If you already got a ticket for bit block room and you win this
• 1:02:15
  one, then it goes the next year. So you'd have one for next year.
• 1:02:19
  So that's the scoop on that. So you're not going to you can
• 1:02:22
  still enter even if you're coming for the free ticket and
• 1:02:25
  get one next year. You know, we have a great
• 1:02:28
  lineup. We have great times.
• 1:02:30
  It's, I mean, it's a networking event, I like to call it, where
• 1:02:34
  you, you make more contacts and meet more people and talk to
• 1:02:37
  more people. I do want to mention though that
• 1:02:39
  this is sponsored by our Platinum sponsors Unchained.
• 1:02:42
  I think they've been a platinum sponsor like five Times Now
• 1:02:46
  maybe. So they've been real supportive
• 1:02:48
  of us for sure. And we've got, well, I think
• 1:02:52
  it's a great lineup. Parker, Lewis, James Lavish,
• 1:02:54
  Stefan Ravan, Marty Bent. We have Bidstein, Dante Cook,
• 1:02:59
  Bob Burnett, Glenn Barstow, Guy Swan, Luke Broyles.
• 1:03:03
  We just added him day before yesterday and we're still adding
• 1:03:06
  people, but we've got a ton of other people.
• 1:03:08
  I'm not going to go through them all now, but we've got a great
• 1:03:11
  lineup. You're going to have a good time
• 1:03:13
  if you come, that's for sure. So go to the site even if you
• 1:03:17
  don't want to check it, ticket and check out Bit Block
• 1:03:19
  boom.com. Maybe we should make him put Bit
• 1:03:22
  Block boom.com just in the the. Text so that I get some.
• 1:03:27
  Links out of the deal. Some follow links somehow on
• 1:03:30
  YouTube or whatever. Yeah, someone, someone said.
• 1:03:34
  Highest super chat wins the ticket.
• 1:03:36
  We're just, I don't. Know about that?
• 1:03:40
  But I'm chilling. I'm chilling.
• 1:03:43
  Yeah, it's pretty smart. Also the.
• 1:03:44
  Entire simply Bitcoin. Crew will be there by the way,
• 1:03:47
  Nico, Opti, Rustin, Sophie, Jacob Dante's going to be there
• 1:03:52
  as well as as Gary mentioned. So it's going to be a great
• 1:03:54
  time. You guys definitely don't want
• 1:03:56
  to miss Bitblock Boom. As Gary said, it is a great
• 1:04:00
  networking event. In fact, it's the first event
• 1:04:02
  where me and Opti actually met each other in person.
• 1:04:05
  Surfer Jim kind of talked us into it and it is, you know,
• 1:04:10
  it's, it's, it's a phenomenal event.
• 1:04:12
  And there's a there's a couple side events too that are really
• 1:04:15
  like some of the highlights to me, like the Texas BBQ are, is
• 1:04:20
  amazing. Gary does a great job.
• 1:04:22
  Last year I was at at like this, like Ferris wheel.
• 1:04:24
  There's like live music and you get to approach your favorite
• 1:04:28
  Bitcoiners and just talk with them, exchange, you know,
• 1:04:30
  contact information, you know, it's, it's a, it's a great event
• 1:04:34
  to just kind of make those connections so that people see
• 1:04:37
  your face, people see what you're doing.
• 1:04:39
  And it's very well known in the Bitcoin industry.
• 1:04:42
  So very, very heavy hitters make this event.
• 1:04:46
  And also what makes a different too is and the way that Gary
• 1:04:49
  sets it up is there is no Backpage, right?
• 1:04:51
  So, you know, as soon as the speaker finishes, they just go
• 1:04:55
  into the audience, right? And it's very normal that you
• 1:04:58
  just see some of your some of the most high profile Bitcoiners
• 1:05:01
  just on one of the, you know, on one of the tables just sitting
• 1:05:05
  watching all the presentations, right.
• 1:05:06
  So it's going to be a great time.
• 1:05:09
  We're going to be live streaming the event, so that's going to be
• 1:05:11
  awesome. And, you know, let's see how we
• 1:05:14
  pull off the news desk this year.
• 1:05:15
  Every year it's different, but it's going to be a great time.
• 1:05:18
  And yeah, it's it's going to be absolutely awesome.
• 1:05:21
  Definitely don't want to miss Bitlock Boom.
• 1:05:22
  April 3rd, 4th, 5th, 6th in Dallas, TX of this year.
• 1:05:28
  And if you use promo code BBB 21, you get $100 off your
• 1:05:32
  ticket. So get your tickets quickly
• 1:05:34
  because the prices do go up. Opti Hey, you know.
• 1:05:39
  Nico, one thing I just want to say and and there's no where I
• 1:05:43
  go. There's no conference that I go
• 1:05:46
  to that I don't have someone that I I may not even know
• 1:05:50
  about. Women would do so quick.
• 1:05:51
  But I never go to a conference that I'll have someone come up
• 1:05:55
  to me and say dream job at Bit Block Boom, that I got a job or
• 1:06:01
  Bitcoin or marathon somewhere because I went to Bit Block
• 1:06:07
  Boom. And maybe they'd eat that
• 1:06:09
  person, but they were talking to people about what they were with
• 1:06:11
  someone else, do somebody and set them up.
• 1:06:15
  So if you're wanting to get a job in the Bitcoin world, it's
• 1:06:19
  pretty good for people being able to network that easily with
• 1:06:22
  big names, absolutely. I I completely.
• 1:06:25
  Agree. It's it's a great, great
• 1:06:27
  networking event and there's multiple events.
• 1:06:29
  And if you don't want to go Opti, could you Scroll down
• 1:06:32
  please? If you if you don't want to go,
• 1:06:36
  let's say you just want to go to a dinner or you know, or you
• 1:06:40
  know, go to the go to the the tickets, the ticket section on
• 1:06:44
  the left. Yep, thank you and Scroll down.
• 1:06:46
  So let's say you just want to go to specific events, right?
• 1:06:49
  Like let's say you the GA gives you the GA ticket, gives you
• 1:06:53
  access to the Friday workshops, the Saturday conference and then
• 1:06:57
  the Saturday night casino party. But let's just say you want to
• 1:07:00
  go to the dinners. They actually sell the the
• 1:07:02
  dinners individually. So Opti, can you Scroll down?
• 1:07:05
  So there's the pro pass that gives you access to everything.
• 1:07:09
  Scroll down again. If you use promo code BBB 21,
• 1:07:11
  you get $100 off. There's the dinner and night
• 1:07:14
  party. You can buy those individually
• 1:07:16
  for 1:59. There's the sorry the, the
• 1:07:20
  welcome party, the welcome dinner party.
• 1:07:23
  Then there's the bit block boom party, which is Friday night.
• 1:07:26
  Well for 179, there's the bit block boom brunch, which I still
• 1:07:30
  have not eat gone to, which I'm going to this year.
• 1:07:34
  I've been going to the conference for many years in a
• 1:07:36
  row now. I still haven't gone to the
• 1:07:37
  brunch, but I'm going to go this year.
• 1:07:38
  Then there's the bit block shoot event where your bitcoiners all
• 1:07:42
  go to the shooting range. It's a lot of fun.
• 1:07:44
  Go down, go down Opti, please. Then there's the axe throwing
• 1:07:47
  contest. There's the casino night.
• 1:07:50
  There's the chess tournament. Of course, it's just famous, so
• 1:07:53
  you definitely don't want to miss this.
• 1:07:55
  It's going to be absolutely awesome.
• 1:07:56
  I think we just got breaking news.
• 1:07:58
  By the way, I don't know if this is confirmed.
• 1:08:00
  Speaking of Texas, apparently the Texas reserve just passed.
• 1:08:04
  Is that confirmed? Do we have confirmation here?
• 1:08:07
  Do it here in Texas, right? Reserve.
• 1:08:13
  OK, let's see. Let's see, do we have?
• 1:08:15
  Confirmation in Texas. Opti, let's give a while.
• 1:08:17
  I verify this. Let's let's let's do a giveaway.
• 1:08:20
  So I was as you. Saw I got off the screen.
• 1:08:23
  I was going to flip a coin, but I'm getting some consensus in
• 1:08:26
  the chat here. We're going to give it to Kerry
• 1:08:29
  W Alaska Mama. She says I have family there.
• 1:08:33
  I have miles there. I can get there.
• 1:08:35
  So Kerry, hopefully you have a Twitter or Gary, do you have an
• 1:08:40
  e-mail that she can actually that's not going to work.
• 1:08:43
  How do we verify this? How do we verify?
• 1:08:46
  Who's? Reaching out?
• 1:08:47
  Well, she needs to. She needs to write an e-mail
• 1:08:50
  address she's going to send it from.
• 1:08:51
  OK. Yeah, Carrie, put your e-mail
• 1:08:53
  here and we can send a message to bitblockboom@gmail.com and
• 1:09:00
  then I'll see it's from this e-mail address she's going to
• 1:09:03
  give us and on. That sounds like a good.
• 1:09:08
  Verification method. That sounds like a great.
• 1:09:11
  Verification thinking on the fly.
• 1:09:13
  Kerry, congratulations. You have just won a free ticket
• 1:09:17
  to the Bit Block Boom conference.
• 1:09:20
  Hope to see you there again. The conference is coming up in
• 1:09:23
  less than a month. You guys definitely.
• 1:09:26
  Hey, there's another Alaskan coming.
• 1:09:28
  That just got the ticket the other day.
• 1:09:29
  He's hosting the conference in Alaska.
• 1:09:31
  So yeah, I heard about. That heard about that
• 1:09:33
  conference. So congratulations Carrie.
• 1:09:36
  Follow up with follow up with Gary.
• 1:09:38
  Follow up the rules. I do want to wait, wait, wait.
• 1:09:41
  Yeah, yeah. Pull up the Texas stuff and
• 1:09:43
  Carrie respond with your e-mail so we can verify this on the
• 1:09:46
  back end before the show ends. Yes, so breaking.
• 1:09:50
  News Here's the moment the Texas Senate passed SB21 Strategic
• 1:09:57
  Bitcoin Reserve into law. Ladies and gentlemen, it is
• 1:10:01
  real. The domino has fallen.
• 1:10:04
  It has happened live on simply first state, apparently the
• 1:10:10
  first state. So the way that the politics
• 1:10:13
  works in the United States, there's the lower house, which
• 1:10:14
  is the House, and then there's the upper house, which is the
• 1:10:16
  Senate. And then it goes to the governor
• 1:10:19
  or the president for them to sign the bill into law.
• 1:10:22
  Here's the moment that the Texas Senate passed SB 21.
• 1:10:27
  Senator Schwerten, are you recognized?
• 1:10:29
  For a motion. Thank you, Senator, and thank
• 1:10:32
  you. Senators for the discussions.
• 1:10:36
  New final passage of. Committee substitute symbol 21
• 1:10:39
  to bring Texas into the digital currency era, Senator Shortener
• 1:10:44
  moves. Final passage of committee
• 1:10:45
  substitute for Senate Bill 21. Secretary will call the roll.
• 1:10:49
  Alvarado, Bettencourt, Bergwell. Blanco, Campbell, Cook,
• 1:10:52
  Creighton Eckhart. Notice be 25 ayes and. 5 nays
• 1:10:55
  bill is finally passed. Congratulations Senator.
• 1:10:58
  That is. Absolutely incredible we're
• 1:11:01
  watching his. But we're.
• 1:11:06
  Watching history in the making, absolutely crazy that it
• 1:11:10
  happened, you know, live on simply Bitcoin while we're
• 1:11:13
  talking about bitlock boom, that is in Texas and the first state
• 1:11:17
  apparently is the great state of Texas and I'm just not going to
• 1:11:21
  mention Opti. I guess Nico needs to move to
• 1:11:24
  Texas. Now you know you got to leave
• 1:11:26
  that shit. State called.
• 1:11:27
  Florida and you move to Texas. Hey, Florida's another version
• 1:11:30
  of. Texas.
• 1:11:31
  Man oh man, that is a shit state.
• 1:11:33
  That is a shit state. So many damn.
• 1:11:37
  Stay on errands where the. Weather.
• 1:11:40
  The weather. 'S specially fine.
• 1:11:42
  Oh man. And.
• 1:11:43
  And we're Bitcoin today, yeah. You guys are shit corners.
• 1:11:49
  You guys are hilarious. Wait wait, wait.
• 1:11:51
  Before we go, Carrie. If you're still listening, we
• 1:11:54
  need to verify an e-mail here. I chat.
• 1:11:56
  Do not spam her. I need an e-mail here before we
• 1:12:00
  end it. We do got to end it, but I need
• 1:12:02
  an e-mail here. Hopefully you're still in here.
• 1:12:04
  Doesn't come through. We're going to have to like.
• 1:12:08
  Come out with another way I mean.
• 1:12:09
  You know, yeah, well, if it doesn't come through.
• 1:12:11
  We could do a a Twitter post about it and yeah, no, no, no,
• 1:12:15
  no, hold on. Carrie's saying thank you.
• 1:12:17
  Carrie, you have to. You know what?
• 1:12:20
  You know what it might be, though, Opti, is that maybe it
• 1:12:22
  won't give it. Maybe.
• 1:12:24
  YouTube doesn't allow you. To drop emails, well, tell her
• 1:12:27
  to do. A.
• 1:12:28
  A stagnated e-mail with like her name, name and then an X where
• 1:12:31
  the AT would be and then. Yeah, that's good point, you
• 1:12:36
  know. Then the.
• 1:12:37
  Like Gmail. Yeah, Carrie, can you just now
• 1:12:39
  she. Gives us a damn hint.
• 1:12:41
  Put put your username. Put your username.
• 1:12:43
  I think that that works. That works in two separate.
• 1:12:46
  Ones do the first part and then the second part the.com part but
• 1:12:50
  withoutthe.com No, just put just put your username.
• 1:12:52
  Just put your username. OK, she put her Twitter.
• 1:12:56
  Handle. She can put her Twitter handle.
• 1:12:58
  You can put your Twitter handle too Carrie that works or.
• 1:13:01
  First person to first person to put their Twitter handle.
• 1:13:05
  Put an e-mail in that I don't. Know.
• 1:13:08
  Oh man. The chat OK, first person to OK,
• 1:13:12
  just you know what? Just reach out to us on Simply
• 1:13:15
  Bitcoin, send us a, send us Adm, send us Adm Carrie, and yeah,
• 1:13:21
  we'll go from there. OK, great e-mail.
• 1:13:25
  At Carrie e-mail, people are. Going to make fake emails.
• 1:13:30
  Oh my God. OK all.
• 1:13:31
  Right well, congratulations Carrie on the ticket.
• 1:13:35
  Just send us Adm on on Twitter and you know we'll get you the
• 1:13:39
  free ticket. We'll get we'll get you the
• 1:13:41
  ticket to bit block boom. Looking forward to seeing all
• 1:13:44
  you guys there. I do have to give them a shout
• 1:13:46
  out because Gary and Bit Block Boom is a sponsor of Simply
• 1:13:51
  Bitcoin. So guys go to go to Bit Block
• 1:13:56
  Boom April 3rd through the 6th of 2025.
• 1:13:59
  It's the longest running Bitcoin conference celebrating their 8th
• 1:14:03
  year. You can pay in Bitcoin or Fiat
• 1:14:06
  and you want to get your tickets quickly before the prices
• 1:14:09
  increase the whole simply Bitcoin crew is going to be
• 1:14:12
  there we're going to be live streaming the conference it's
• 1:14:14
  going to be a whole lot of fun. You guys definitely don't want
• 1:14:17
  to miss one of the best Bitcoin conferences of the year.
• 1:14:20
  Use promo code BBB 21 to get $100 off of your tickets to bit
• 1:14:28
  block boom all right ladies and gentlemen that was our show for
• 1:14:32
  today. If you guys enjoyed the show,
• 1:14:33
  you know what to do smash the like, but it consider
• 1:14:35
  subscribing. I mean we broke 1000 live
• 1:14:38
  viewers on YouTube Opti. That feels good.
• 1:14:40
  I think that was like the what third or fourth time you've ever
• 1:14:43
  done that feels really good, man.
• 1:14:44
  You know, it feels even better because I was.
• 1:14:46
  Struggling on this morning's title and we killed it, Yeah.
• 1:14:49
  And. Rumble rumbles crush into 300
• 1:14:53
  live viewers there as well and 2500 live viewers on X.
• 1:14:57
  So absolutely amazing show today.
• 1:14:59
  Love you guys appreciate y'all. Today was March 6, 2025.
• 1:15:05
  If you guys enjoyed today's show, like I said, smash the
• 1:15:07
  like button, consider subscribing if you feel like we
• 1:15:09
  provided you value and we will see you tomorrow for a brand new
• 1:15:12
  episode of simply Bitcoin live. I'm your host Nico, our guest
• 1:15:15
  today Gary Leland and of course my legendary Co host Optimus
• 1:15:19
  Fields. We will see you tomorrow for a
• 1:15:21
  brand new episode of Simply Bitcoin Live.
• 1:15:25
  Today's episode was brought to you.
• 1:15:26
  Bybitcoinwell.com a Bitcoin only platform on a mission to enable
• 1:15:31
  financial independence.