Latest / Simply Bitcoin / Worlds Richest Man Sends HUGE WARNING: YOUR Money In The Bank Is DOOMED!) | EP 1282

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Worlds Richest Man Sends HUGE WARNING: YOUR Money In The Bank Is DOOMED!) | EP 1282 · Simply Bitcoin

• 0:00
  Yo, the world's richest man just sent a huge warning about your
• 0:04
  money in the bank. Why is he finally saying this
• 0:07
  now? Could it be related with the
• 0:09
  recent spat that he had with President Donald Trump, who just
• 0:13
  passed the big beautiful bill that inevitably is going to lead
• 0:18
  to massive big beautiful printing?
• 0:21
  Or is it because his recent failure at DOGE?
• 0:24
  Let's dive straight into what's going on.
• 0:27
  And of course, I am talking about a Elon Musk.
• 0:31
  So what is the big posted this morning, ladies and gentlemen?
• 0:37
  You know, we say it all the time here at Simply Bitcoin Narrative
• 0:41
  Trench warfare on the battlegrounds of the Internet.
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  Bitcoiners have been tagging him left and right.
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  Elon Musk decided to launch the America Party.
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  The reason as to why he's launching the America Party is
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  because the big beautiful bill would apparently increase the
• 0:59
  debt ceiling. He's been making memes about the
• 1:01
  debt ceiling means like, what's the point of having a debt
• 1:04
  ceiling if you're not even going to follow it?
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  And that is the reasoning as to why he started the America
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  Party. He's saying like, listen, the
• 1:11
  country's going to go broke if we continue this spending.
• 1:14
  A lot of people are making other theories as to why the fallout
• 1:18
  with Trump a, a, a certain list not being released.
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  That's all I could say about that matter.
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  And you know, him and Trump had a, had a pretty big fallout,
• 1:28
  right? So this is, you know, this is
• 1:29
  the, the richest man in the world, but this is a Bitcoin
• 1:32
  show. What does this have to do with
• 1:33
  anything? So he tweeted 17 hours ago the
• 1:38
  America party is the solution and someone is basically saying
• 1:42
  like look this is crazy both parties don't work.
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  And Renato Lima give him a shout out.
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  He says Elon Musk will America party embrace Bitcoin?
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  It got 7300 likes and Elon said Fiat is hopeless.
• 1:57
  So yes, that is a massive deal. Here's another tweet.
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  This is the memes that I'm talking about.
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  And you know, it's the, I forget what, this guy's, this guy's.
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  Ron Swanson. Ron Swanson, he says tax cuts
• 2:11
  are worthless if the government keeps overspending.
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  Inflation is the real tax, and Elon Musk says exactly so.
• 2:19
  Put these both together. Elon Musk saying Fiat is
• 2:24
  hopeless and of course he is basically saying look, inflation
• 2:27
  is a tax. And Fox News picked up on the
• 2:31
  signs and here's their headline. Elon Musk indicates his new
• 2:35
  political party will be pro Bitcoin, pro gun and pro
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  Bitcoin. The second American amendment is
• 2:41
  sacred. I think this is the Trump
• 2:43
  reacting to Elon. Actually.
• 2:46
  Let me see if I can play the clip.
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  Starting a third party. I think it's ridiculous to start
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  a third party. We have a a tremendous success
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  with the Republican Party. The Democrats have lost their
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  way, but it's always been a two party system and I think
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  starting a third party just adds to confusion it really seems.
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  To have been developed for two parties.
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  Third parties have never worked. So, so so Trump.
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  Trump is actually accurate there.
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  Two parties have never worked in the two party system that we
• 3:18
  have in the United States. But what I will say is, again,
• 3:22
  you mean three parties, the three parties have never worked
• 3:24
  in the United States. They've always just led to one
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  candidate or the other losing votes.
• 3:30
  But the signal here is again, what I tweeted out actually a
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  couple weeks ago before all of this started happening.
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  I was taking credit this morning and I, and I, I was just, I had
• 3:44
  a feeling. I had a feeling because me and
• 3:46
  Opti have been covering about, we're covering this about for
• 3:48
  like 6 months or so. And I said like, listen, guys,
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  like Elon Musk isn't going to fix anything with Doge.
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  Why? Because the very system benefits
• 3:59
  from the money printer. So like, if it benefits from the
• 4:02
  money printing, it's incentivized to fight everything
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  it can to basically end that system.
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  And I said, hey, Elon Musk, instead of creating a new party,
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  why don't you put your full support behind Bitcoin as
• 4:17
  someone who believes in first principles, thinking you'd be
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  addressing the root cause of the problem?
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  Because that's the problem, right?
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  Whether it's a Democrat or Republican, regardless of who
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  you vote into power, both parties do exactly the same
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  thing. They print money and they spend
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  money that we don't have, creating a bigger and bigger
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  deficit and basically kicking the can down the road.
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  And I said, look, if you're thinking, if you're really about
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  first principles like Bitcoin is the party like instead of like
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  focusing on the left or the right, just get a portion of
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  American citizens or wherever, wherever you're from, whatever
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  country you're from, holding Bitcoin, having Bitcoin in self
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  custody. And it will be this grassroots
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  movement from the bottom up instead of from this top down.
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  Creating a third party isn't going to work.
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  I agree with Trump. It's been tried in the past.
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  And again, it just leads to another, a certain candidate
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  getting more votes because essentially that candidate
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  bleeds votes to this alternative third party.
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  That's what happened in the George, George Bush, George Bush
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  senior and the Bill Clinton election.
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  They like you could make an argument that the third
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  candidate actually cost George Bush senior the the his second
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  term. So anyways, so I tagged Elon
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  Musk and I said, hey, look like instead of creating a new party,
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  why don't you put your full support behind Bitcoin?
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  That was July 1st. This tweet got 3000 likes.
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  That's a lot of likes, right? And then a couple days later,
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  and I've been tagging him like crazy, Elon Musk says, hey, you
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  know what? Fiat is hopeless.
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  So, yes, so his new party will embrace Bitcoin.
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  So this goes back to something that we have been talking about
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  for a very long time now, which is, guys, the power is in your
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  hands. Narrative trench warfare on the
• 6:03
  battlegrounds of the Internet, right?
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  I'm tweeting about it. People are responding.
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  Renato Lima is tweeting about it.
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  He's responding to Elon Musk. Elon is admitting that Fiat is
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  hopeless, that Fiat money is a scam.
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  He's admitting that, hey, look, tax cuts don't even matter if
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  the government is overspending, it creates inflation, and
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  inflation is a tax, right? This is how we win.
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  This is narrative trench warfare on the battlegrounds of the
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  Internet. And remember, Elon has a history
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  with Bitcoin back in 2020 before he got tapped on the shoulder
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  Bitcoin, Elon said Bitcoin is my safe word.
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  And at that moment Elon actually allowed you to buy Teslas with
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  Bitcoin before he got tapped on the shoulder.
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  And Tesla till this day holds about 10,000 Bitcoin.
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  Now this is a commentary account.
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  I don't think this is the official America Party account,
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  but it says crypto is in a threat.
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  It's a tool, a tool to decentralized power, protect
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  value and build systems that actually work.
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  The America Party supports technology that gives you more
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  control. A follow up to Michael Saylor
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  posting. Some weeks you just need to
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  huddle. The America Party responds with
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  some weeks you just need to huddle.
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  Some decades you need a political, a new political
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  party. The America Party built for
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  what's next and I follow that up with Bitcoin is the political
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  party. You will cost you will cost the
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  only pro Bitcoin party votes advocate for the adoption of
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  Bitcoin. Save, save time and save money.
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  Mind you, that tweet came out July 6th and Elon I again, the
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  pressure baby. The pressure baby.
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  Admitting that Fiat money's a scam, that Fiat money's
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  hopeless, admitting that inflation is a tax.
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  I think it's just a matter of time.
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  His companies hold Bitcoin, SpaceX holds Bitcoin, Tesla owns
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  bitcoins. One of the highest holders of
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  Bitcoin. Yeah, bro.
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  I mean, I think this is the biggest, this big deal, the
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  richest man in the world basically advocating for
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  Bitcoin. Now my only concern here, Opti,
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  I'm going to pass it on to you before we continue discussion,
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  is this might cost the Republican Party votes.
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  And whether you like the Republican Party or not, they
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  have been pro Bitcoin. The entire party is pro Bitcoin.
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  So I'm, I, I'm worried that we're going to have a George
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  Bush senior Bill Clinton type of election, 2 point O.
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  And this cost Republicans, you know, Senate, Senate seats or
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  House seats. And then all of a sudden you
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  have the anti Bitcoin party basically winning.
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  And then the anti Bitcoin party basically reverses all the
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  things that the Trump administration has done.
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  Because listen, whether you like Trump or not, I went hard on
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  Trump in the paint a couple weeks ago when the whole war
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  thing started, which he literally promised he wouldn't
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  start. He did end Operation truck .2
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  point O. He did free Ross Ulbricht.
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  There was breaking news today, by the way, that July 22nd the
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  administration is going to drop a report and it's going to show
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  how much Bitcoin the government has and if they acquired more
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  Bitcoin. So I think the Trump
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  administration has been extremely pro Bitcoin.
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  That's my only concern with this new America party.
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  But it leads to something that I've been telling you for months
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  for years now, Opti all roads lead to Bitcoin.
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  Elon tried to to fix the system within the system.
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  You can't fix the system within the system because the very
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  system itself is funded by the Fiat money printer.
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  The only way to fix the system is to create an alternative
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  system, and that's exactly what Bitcoin is.
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  So Elon, whether he's pandering or whether he's coming to the
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  realization because of all the people tagging him, hey, listen,
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  Elon, Bitcoin fixes this. Regardless of the reason, he's
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  finally starting to see the light.
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  He's saying inflation is a scam, inflation is a tax, Fiat is
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  worthless. My new party will support
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  Bitcoin. And what have we been saying for
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  the last couple of months? I will support simply Bitcoin
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  will support whatever party, whatever individual candidate
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  supports Bitcoin, because if you fix the money, you fundamentally
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  fix the world. Anyways.
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  Happy to be back Opti. Holding it down last week for me
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  while I was travelling. I went to Canada for the Bitcoin
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  rodeo. That was a whole lot of fun.
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  Happy to be back Opti. What's your take on this man
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  Elon, the richest man in the world?
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  I know you're not a big fan dude, but he is calling Fiat a
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  scam. He is saying that Fiat is
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  worthless. Moving the Overton window bro
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  for sure. Yeah, I mean, first point about
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  Elon, essentially, you know, influential world S richest man.
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  I think whether you like him or hate him, everyone knows his
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  name. And to come out and essentially
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  say the quiet part out loud, the feed yacht is hopeless.
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  It is, you know, a cult that is an octave 1, you know, taxation.
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  The real taxation is inflation. I love the fact that he's saying
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  this. Will people actually listen?
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  I think it might be the bigger question here is are people
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  actually going to listen to what Elon Musk is saying?
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  Will they take this warning and run with it?
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  Because as we know as bitcoiners, this is probably the
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  biggest issue going on. I know there's other issues in
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  the world right now, but the runaway train, as Lynn Alden
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  always calls it, the the amount of spending that these
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  governments do is on a level that is astronomical.
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  And it's really stealing from the future to try to drive
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  Protiviti in the present. And it's really set in the
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  course and the trajectory of where not only this country is
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  going, but where planet Earth is going.
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  And so I love that he's out here saying this again, I don't have
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  too much faith in Elon Musk being like a, you know, an
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  ardent Bitcoin maxi. But I think the point remains
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  the same. The fact that he is kind of
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  disillusioned with government. Again, I saw some some some
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  tweets and some people, some anecdotal takes around Musk.
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  Like when he got into the office for Doge, he was really excited.
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  You can tell that he really believed what he was saying to
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  try to cut government spending. And Doge was basically an utter
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  failure at this point. And then him, you know.
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  Say that doge is an utter failure because I would say the
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  party that must put money behind.
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  By the way, shout out to the 1200 people watching live
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  between YouTube and X smash the like button if you guys are
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  enjoying the content. But I wouldn't say doge is a
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  failure because doge is a failure.
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  I think the very system itself resisted.
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  The yeah, yeah, that's well, that's, that's my point and.
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  Then he got disillusioned and he's like, I'm starting a third
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  party. This is absolute madness.
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  That is my point. Like we.
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  Thought we were going to have fiscal conservative privatism
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  and we were going to spend beyond the budget.
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  You know, this big beautiful bill is spending.
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  It's basically setting the United States on course to spend
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  more money than it collects in tax revenue.
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  And this is the big problem. This is the fundamental problem.
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  And if you are to believe Elon, because there are a lot of
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  motivations here, apparently part of the new bill forced it
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  ended the EV mandate. And a lot of people are
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  speculating that Elon is pissed off because the EV mandate got
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  ended. But you know, his reason, his
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  official reason, Elon's official reason is basically like, look
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  like if the US keeps spending the way it's spending, it's
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  going to go broke. And This is why I'm creating the
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  America Party now as Bitcoiners, right?
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  Like, all I'm seeing is basically the Overton window
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  moving and shifting and a third party backed by the world, by
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  the world's richest man basically saying the quiet part
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  out loud after six days of us tagging him on Twitter.
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  And he's admitting that Fiat is a scam.
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  He's admitting that inflation is a form of taxation.
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  This is how you win. And his new party, by the way,
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  is created for the centrist. It's created for the people in
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  the middle. It's created for the people that
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  are tired of the whole left right thing.
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  They're just like, dude, like I just want a sensible government
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  that kind of does their job. I don't know if that's possible,
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  but like, you know, This is why he's creating this party, right?
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  He's disillusioned with the system.
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  He was inside the system. The system fought him tooth and
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  nail. And he says enough is enough.
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  It's time for a change. Is he going to be successful?
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  I don't know, but I will tell you this, A third party that's
• 14:39
  pro Bitcoin, the Republican Party, they're pro Bitcoin.
• 14:42
  We're winning. This is what winning looks like.
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  The Overton window is shifting. Now all we need is a sitting
• 14:49
  U.S. President, and this is going to
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  happen within the decade. I'm calling it right now.
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  This is going to happen within the decade.
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  We are going to have a president in the White House sooner rather
• 15:01
  than later that's going to say inflation is a scam, That's
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  going to say Fiat money is a scam.
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  Remember, this isn't too far fetched.
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  Not too long ago there was Trump at a press conference that
• 15:13
  basically said that, look, Bitcoin is a good thing.
• 15:15
  It actually takes pressure off the dollar.
• 15:17
  Remember that press conference? So like, yes, we need a
• 15:20
  president in the White House like Andrew Jackson, that wants
• 15:24
  to end central banking, that wants to end the Federal
• 15:28
  Reserve. That's the problem.
• 15:30
  That's what's creating wealth inequality.
• 15:32
  That's why the younger generations can't afford
• 15:34
  anything. That's the real problem.
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  That's the real issue. But remember this, the very
• 15:38
  system itself is funded by the central bank.
• 15:42
  So expect a lot of pushback. But dude, in terms of the
• 15:46
  Overton window shifting, in terms of US making progress,
• 15:49
  we're making tons of progress, bro.
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  We're winning. The world's richest man just
• 15:53
  told everybody on X Fiat is hopeless.
• 15:57
  Inflation is a form of taxation Opti.
• 16:00
  Yeah, that's exactly what I was going to say, Nico.
• 16:02
  That's, that's the whole point that I that I was trying to get
• 16:04
  across is like whether it was Doge failing or the system
• 16:08
  itself is designed in such a way.
• 16:10
  I think him being in the belly of the beast proved to himself,
• 16:13
  Hey, this thing, it doesn't work the way it it's set up right
• 16:17
  now. Now I think he's misguided with
• 16:19
  this idea of like, oh, a third party will fix it.
• 16:22
  It literally reminds me of, you know, Hey, if we just vote the
• 16:25
  right people in positions of power, then things will change.
• 16:27
  It's like, no, this system is designed in this way and nothing
• 16:31
  will stop it unless you basically eliminate the control
• 16:35
  of the money printer. And so I, you know, I applaud
• 16:38
  the effort from Musk. I think it is one of those
• 16:42
  defining moments and I think people will kind of at, at the
• 16:44
  very release on the surface, look at what Musk is doing.
• 16:47
  It's like, hey, maybe he has a point from like a more Bitcoin
• 16:51
  Austrian economics first principles kind of perspective,
• 16:54
  though I think he's fundamentally flawed.
• 16:56
  It's not a new third party that needs to come up and take power
• 16:59
  and put the right people in position.
• 17:01
  It's the fact that the money printer is the, is the, the
• 17:04
  driving force behind politics. And if they can control the
• 17:06
  money, then it doesn't matter what else they do because
• 17:09
  everything is being backed by the money printer here.
• 17:12
  So as much as I kind of think that this is an important
• 17:16
  cultural moment here where Elon Musk, you know, either the
• 17:20
  world's richest man or one of the world's richest man is
• 17:22
  depending on what list you're looking at, comes out basically
• 17:25
  saying what we've been saying for a long time.
• 17:27
  Hey, Fiat is doomed. Fiat is hopeless.
• 17:29
  There is nothing in the system, the Fiat system, Fiat politics
• 17:33
  that can actually change with how it's set up right now.
• 17:36
  This is why we fundamentally think take your money out, take
• 17:39
  your wealth out of the Fiat system, saving Bitcoin.
• 17:43
  And as the Fiat system, the money printer starts to get
• 17:46
  defunded, then these government powers will be in checked.
• 17:49
  And this is what it's all about. It's all about power here.
• 17:51
  And I just, I agree with Trump on that clip where he's like
• 17:55
  like a third party system. It's, it's not going to do
• 17:57
  anything there. There's been a lot of third
• 17:59
  parties. They don't do anything here.
• 18:01
  If anything, as Niko was saying, it's going to make things worse
• 18:04
  for the the the right right now. So no.
• 18:07
  No, but I want him to go full Bitcoin.
• 18:09
  Will he get there? I don't want to do the whole
• 18:11
  right and left thing because we want to be inclusive on the
• 18:14
  show. But you guys got to look at it
• 18:17
  from the political landscape, right?
• 18:19
  Like the Republican Party has fully embraced Bitcoin, right,
• 18:23
  The new American Party is fully embraced Bitcoin.
• 18:26
  The Democratic Party has not embraced Bitcoin yet.
• 18:29
  In fact, there are elements of the Democratic Party it's forget
• 18:32
  about right and left that are actively hostile towards Bitcoin
• 18:36
  and they're actively working for a central bank digital currency.
• 18:39
  So my only fear here is that by Elon creating a new third party,
• 18:47
  it might take votes away from the Republican Party.
• 18:53
  And and as much as the Republican Party is not perfect,
• 18:56
  right, it could potentially set it up where it allows the anti
• 19:02
  Bitcoin party to, and it's not monolithic.
• 19:04
  I want to be very specific here, but it allows a party that is
• 19:08
  more hostile towards Bitcoin to potentially win right now.
• 19:12
  I'm sure that's going to change in the future, but I just want
• 19:14
  to pull you guys an example of what it is I'm talking about.
• 19:17
  But before we do that, I do want to read.
• 19:20
  Not fully, but I want to read some of Bution's takes.
• 19:24
  I was going to bring that. Up so this is.
• 19:26
  Did you bring it up? So Elon, so beauty on posted
• 19:29
  this a while ago and I'm going to say it in a certain way to
• 19:36
  for it to be friendly, right? So Beauty on posted this on like
• 19:40
  in May and he said Elon's mistake was his belief in the
• 19:42
  system and that politicians are motivated by the good of the
• 19:45
  people and not self-interest and greed above all else.
• 19:48
  How do you realize this? He would have never embarked on
• 19:51
  his campaign to reform government.
• 19:53
  Government workers in the state itself doesn't seek reform.
• 19:55
  This is the key piece. This is what Bitcoiners knew
• 19:57
  from the very beginning. It seeks that minimum, the
• 20:00
  status quo, and at all times to increase the pelf levels.
• 20:03
  The correct analysis of the problem is understanding that
• 20:06
  the form of money and the ability to print it out of
• 20:09
  nothing is the natural constraint that needs to be
• 20:12
  imposed, not regulation or reform or efficiency.
• 20:16
  Once the state can't print money at will, the automatic result
• 20:19
  will be the constraint of the spending of the state because
• 20:22
  there is no money, right? We are one step closer to that.
• 20:27
  Once you hear, once you see these types of tweets, once you
• 20:31
  see these types of memes being posted, we are one step closer
• 20:36
  to having someone in a position of power that understands that
• 20:42
  it's the, it's not the system that's broken.
• 20:45
  It's the fact that the system can just print money at will.
• 20:49
  That is what is broken. And the way that you end that is
• 20:53
  by ending central banking, right?
• 20:57
  Anyways, so next thing I want to show is a post by Max Keiser and
• 21:04
  he's referencing. We're going to talk about this
• 21:06
  during the news, by the way, and again, the America Party
• 21:10
  responding to Michael Saylor. Again, guys, this is just
• 21:14
  happening so, so quickly, right? So anyways, there you go.
• 21:25
  All right, let me have that lined up ready to go.
• 21:28
  OK, so Max Keiser says M NAV crash.
• 21:33
  Maybe not. This is why we see Saylor
• 21:36
  embracing Elon today to remove the seizure risk of MSTR by the
• 21:40
  US government. There are lots of ways to
• 21:42
  navigate the global hash war and come out on top of these two
• 21:45
  cooperate, right? And he's taking a screenshot of
• 21:48
  Michael. Saylor says some weeks you just
• 21:50
  need to huddle. And Elon's America Party says
• 21:53
  some weeks, some weeks you just need to huddle.
• 21:55
  Some decades, you need a new political party.
• 21:58
  The America Party built for what comes next, right?
• 22:01
  And again, I have to specify, though, that is not affiliated
• 22:05
  with Elon Musk. It's a commentary account.
• 22:07
  But regardless, Elon's been going pretty ham on X talking
• 22:11
  about this new party. So yes, ladies and gentlemen,
• 22:14
  the richest man in the world, the richest man in the world who
• 22:18
  has benefited from the Fiat system itself has just said Fiat
• 22:22
  is hopeless. And he re quoted a a meme says
• 22:26
  tax cuts are worthless if the government keeps overspending.
• 22:29
  Inflation is the real tax. The Band-Aid has been removed.
• 22:34
  Now here is the only danger. Ladies and gentlemen, I got to
• 22:37
  say this. I got to pull this up.
• 22:39
  We got to go back in history. So back in 1992, after the
• 22:44
  Reagan revolution, remember, Reagan won two terms in a row,
• 22:48
  right? So he won the 1980 election, and
• 22:52
  then he won the 1984 election. And then he did such a good job
• 22:56
  that a, this usually doesn't happen.
• 22:58
  American politics, what tends to happen is that they're switching
• 23:01
  between the parties. His vice president, George HW
• 23:05
  Bush, the father of George W Bush, he won SO3.
• 23:10
  Republicans won in a row. And then what happened in the
• 23:12
  1992 election, and this is my only concern, is that there was
• 23:16
  three parties, right? So there was the an Opti.
• 23:19
  Apparently he's a fan of this person.
• 23:21
  Yeah, Ross Perot, he's he's huge in Dallas.
• 23:23
  So, so, so there was three parties and what happened?
• 23:27
  So of course, you had Bill Clinton against the incumbent.
• 23:30
  Usually the incumbent president wins, right?
• 23:33
  And Bill Clinton won. But let's, let's break down the
• 23:36
  numbers, right? So the popular vote, he won by
• 23:38
  44 million votes. George HW Bush won 39 million
• 23:43
  votes. Now take a look at how many
• 23:46
  votes Ross Perot won. He won 20 million votes.
• 23:50
  So you can make a very strong argument, and I'm sure I'm
• 23:53
  assuming if he's from Texas, he's pro freedom, he's super
• 23:56
  based. OK.
• 23:58
  So I'm assuming you can make a very strong argument that the
• 24:01
  majority of those 19 million votes, right could have gone to
• 24:08
  storage HW. Yeah, but peron's more based.
• 24:11
  OK, this is the point I'm trying to make is the American party is
• 24:14
  probably more based, right? But this is it.
• 24:16
  This is what Trump was saying in this video that I was playing
• 24:19
  for you guys in the beginning, right?
• 24:21
  This has never worked out historically.
• 24:23
  This has never worked out. This has never worked out
• 24:27
  historically. This is why he's saying it's
• 24:29
  ridiculous. But anyways, that that only
• 24:32
  danger with a third party, right?
• 24:34
  The only danger with a third party is you're taking votes
• 24:36
  away from a Whoa, what is that? Nice, nice bad you're taking.
• 24:44
  You're taking votes away from, right from the pro Bitcoin, pro
• 24:50
  Bitcoin party, right? That's the only that's the only
• 24:54
  issue with a third party. It's I know it's with good
• 24:57
  intention, but that's what happens and by the.
• 24:59
  Way. Well, now we can see which one's
• 25:00
  more pro Bitcoin. Happened in 1996 as well, right?
• 25:04
  He got less votes this time around, right?
• 25:06
  And then back in 2000, we were back to two, right.
• 25:10
  So that's the only issue with a third party is that it costs, it
• 25:14
  costs votes from certain candidates.
• 25:17
  This is a two party system. Like Trump is 100% right there.
• 25:20
  But again, I want to, I want to share two more points to kind of
• 25:24
  wrap it up and put a nice bow on top.
• 25:26
  Narrative trench warfare, ladies and gentlemen, the reason we got
• 25:30
  Elon Musk to say these types of things is because of posts like
• 25:33
  these, because of posts like these also, right?
• 25:37
  You know, you're going in there and you say, hey, Elon Musk,
• 25:39
  will you embrace Bitcoin, right? I'm saying this too, tagging
• 25:43
  Elon Musk right saying hey Elon, you know, like instead of
• 25:48
  creating a new party, will you embrace Bitcoin?
• 25:50
  This is how you get these types of results.
• 25:52
  This is how you get this. This is how you get Elon saying
• 25:55
  Fiat is hopeless, right. This is how you get Elon re
• 25:58
  quote reposting these types of things.
• 26:01
  Narrative trench warfare on the battlegrounds of the Internet.
• 26:03
  Now Opti, we did get a super couple super chats.
• 26:05
  Yeah, we're not reading them. We're not reading them.
• 26:07
  Thank you, Mexico Hotto, but we're not reading those.
• 26:10
  No, but before that we got one. For yeah, it was Mexico Huddle.
• 26:13
  We're not reading them. They got shit coins.
• 26:15
  Oh oh, Oh yeah we can't. Dude, what are you doing
• 26:17
  anyways? He's trolling.
• 26:19
  I appreciate appreciate the Super chats though.
• 26:20
  Yeah, thanks for the Super chats.
• 26:22
  Do you want to give a shout out to today's live stream?
• 26:24
  But almost 2000 people watching live between YouTube and X.
• 26:28
  If you guys are enjoying the show so far, make sure to smash
• 26:32
  that like button. You are watching simply Bitcoin
• 26:35
  live and again ladies and gentlemen, the breaking news
• 26:38
  today. The richest man in the world has
• 26:41
  confirmed that Fiat is worthless and that inflation is a form of
• 26:47
  taxation. The Overton window is shifting.
• 26:50
  It's only a matter of time Opti before the world wakes up right
• 26:55
  and again guys, it's important to remember it's not left verse
• 26:58
  right. You got to vote for candidates
• 27:00
  that are pro Bitcoin. It's as simple as that.
• 27:02
  Bitcoin is the party. Bitcoin is the party.
• 27:06
  It's as simple as that. Vote for people that support
• 27:08
  Bitcoin. It fixes is it fixes everything
• 27:11
  else top to bottom. You fix the money, you fix the
• 27:14
  world. The problem with the world right
• 27:15
  now is the money's broken. It's inherently broken.
• 27:18
  Governments have a monopoly on the creation of money.
• 27:21
  They're doubling down. Look at what's happening in
• 27:23
  Europe. We're not going to cover that
• 27:24
  today. We're going to cover that
• 27:25
  tomorrow. They're doubling down on CBD CS.
• 27:27
  They want to retain that monopoly.
• 27:29
  They want to maintain that monopoly and control over money.
• 27:32
  And you are the one footing the bill.
• 27:34
  Make no mistake, every time they debase the currency, you are
• 27:37
  paying for it. It's a form of taxation.
• 27:40
  And if you are in the lower and middle classes, it affects you
• 27:43
  the most because you don't have the means to save in assets, so
• 27:46
  you save in Fiat. So every time they debase, guess
• 27:49
  what happens to your savings? It loses purchasing power.
• 27:52
  It's it's terrible world. And the rich, the very wealthy,
• 27:55
  the people that do have the means to save in, in assets,
• 27:58
  guess what happens when they print money?
• 28:00
  Their assets go through the roof, right?
• 28:03
  The asset prices. Look, in 2021, we experienced
• 28:06
  hyperinflation. It just wasn't hyperinflation in
• 28:09
  consumer goods. It was hyperinflation in real
• 28:12
  estate. It was hyperinflation in the
• 28:14
  stock market. All of it doubled.
• 28:16
  Do you think the value of real estate doubled?
• 28:18
  Do you think the value of the stock market doubled?
• 28:20
  No, it was hyperinflating, right?
• 28:22
  This is a reality of the world. So you got to fix the money, fix
• 28:25
  the world. And the way that you do that is
• 28:26
  about you by electing candidates that are pro Bitcoin.
• 28:30
  But the most important vote you can make is buying Bitcoin,
• 28:33
  earning Bitcoin, mining Bitcoin, and then putting that Bitcoin to
• 28:36
  self custody. If enough of the population does
• 28:38
  that, we win by default and there's absolutely nothing they
• 28:41
  can do about it. Opti thoughts before we move on.
• 28:46
  I know if you don't like politics, buy Bitcoin.
• 28:48
  This is simple. I love that.
• 28:51
  All right everybody, before we move on to the next segment, I
• 28:54
  do want to give a very special shout out of course, to our lead
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• 32:01
  today. Alright everybody, we are back.
• 32:07
  At the time of recording, the Bitcoin price is 107,000.
• 32:12
  Bitcoin is a stable coin. Holy cow man.
• 32:17
  You know when Trump was inaugurated, the president,
• 32:19
  Bitcoin was 109,006. Seven months later, seven months
• 32:23
  right, seven months later, we're back at 100 seven, 107,000.
• 32:29
  Ladies and gentlemen, Bitcoin is a stable coin.
• 32:32
  Block height 904,483 sats per dollar 928 Market cap 2.14
• 32:38
  trillion Bitcoin versus gold market cap 9.17% decline from
• 32:43
  all time high -3.7% realized monetary inflation.
• 32:47
  That that go up, dude, that's weird.
• 32:50
  That went up anyways, So what I want to talk about today is
• 32:55
  this. I keep seeing this image over
• 32:58
  and over again on Bitcoin Twitter.
• 33:00
  Optic, could you make us actually let me just make this
• 33:03
  bigger? There we go.
• 33:04
  Yeah, there we go. So I keep, I keep.
• 33:07
  I keep. Yeah, I want a second.
• 33:08
  I just want to read this. I keep seeing this over and over
• 33:11
  and over again on X and apparently a lot of you guys
• 33:15
  felt the same way or else it wouldn't have got as many likes,
• 33:18
  right? And I said, is there an actual
• 33:20
  correlation or is the data being manipulated to paint a certain
• 33:24
  narrative? And what am I explaining?
• 33:26
  So you guys have seen this. If you guys are on X on Twitter,
• 33:30
  you guys have seen this post and it's basically the global M2
• 33:35
  money supply and the Bitcoin price, right?
• 33:39
  And people keep making the argument, hey, you know what?
• 33:41
  It's correlated. You know, like Bitcoin's just
• 33:43
  catching up the M2 money supply. And I'm like thinking like to
• 33:47
  myself, I'm like, dude, like, is that the case?
• 33:49
  Like is this actually really true?
• 33:51
  And here are two people that I highly respect in terms of, you
• 33:56
  know, like market analysis, we have Cena who came out with a
• 34:00
  quantile model, right? And then we have of course
• 34:04
  Checkmatey and Checkmatey has a very popular sub stack kind of
• 34:07
  doing like this Bitcoin analysis, where are we in the
• 34:09
  Bitcoin bull market, etcetera, etcetera.
• 34:11
  A big fan of it, big fan of him and his work.
• 34:14
  So Cena is basically saying I had the misfortune of having to
• 34:17
  discuss it. So Cena is not a big fan and
• 34:21
  check Maddie says it's ABS chart.
• 34:25
  They take monthly or even quarterly government issued M2
• 34:28
  data and multiply it by USD exchange rate, then tweak the
• 34:32
  shift until it looks bullish. Correlated over quarters to
• 34:36
  years but not the way it's presented.
• 34:38
  Classic chart crime. So that's an answer to your
• 34:41
  question right? And then he checkmate he goes on
• 34:44
  to reply to certain people. Cope hard or lol.
• 34:47
  It's highly correlated on a medium time frame.
• 34:50
  Checkmate says might want to reread the tweetmate.
• 34:54
  And it goes on to say I mean literally and wrathful Buddha
• 35:01
  says so. Your issue with the chart is it
• 35:03
  usually tends to be presented in such a way that suggests there
• 35:06
  will be a massive breakout tomorrow, whereas over long time
• 35:11
  frame there is absolutely an undeniable close correlation
• 35:14
  check. Matey says yes.
• 35:15
  It's also dishonest manipulation of the data.
• 35:18
  It's really measuring the DXY in a roundabout way and it goes on
• 35:23
  to someone goes on to say I don't know mate.
• 35:25
  It looks pretty correlated over 3 three month time frame even
• 35:29
  going back to 2016 bull run. Please refer to 3rd sentence.
• 35:32
  So what is the third sentence correlated over quarters to
• 35:36
  years but not the way it's presented.
• 35:37
  So the TLDR, ladies and gentlemen, is there is a
• 35:41
  correlation between the M2 money supply, the global M2 money
• 35:45
  supply, but it's not this tight. It's correlated over years and
• 35:51
  quarters, but it's not correlated the way they're
• 35:53
  framing it out to be. And this is, this was my
• 35:56
  suspicion, right? This is why I asked Bitcoin X or
• 35:59
  Bitcoin Twitter. I said like, hey guys, like this
• 36:02
  feels like it's being manipulated to paint a certain
• 36:04
  narrative because if this were true, everyone would know
• 36:07
  exactly where the Bitcoin price is going.
• 36:08
  And I think what this market has shown, what this bull market has
• 36:12
  shown is that no one has any effing idea where the price is
• 36:17
  going to go. We are in completely uncharted
• 36:20
  territory. That being said, it wouldn't be
• 36:22
  Monday if I didn't end with something very bullish.
• 36:25
  This is an account that I've been following and it basically
• 36:30
  follows the power law model and it adjusts basically the prices
• 36:38
  of the different cycles. But it also take into account
• 36:41
  that of course, the market cap is a lot bigger.
• 36:44
  The times have changed, but I love this model.
• 36:47
  I love it. I love it.
• 36:48
  So I couldn't just start with Checkmatey and you know, this
• 36:51
  thing with the M2 being bearish without a bullish tweet, kind of
• 36:56
  finishing up the number. So let's check this out.
• 36:59
  So it's Bitcoin power law, power curve time contours.
• 37:04
  And then let me play the video overlaying 4 year cycles
• 37:08
  expecting a strong Q3 and Q4. So here's 2013, here's 2017,
• 37:14
  here's 2021, here's 2025 S let's play it.
• 37:19
  So Bitcoin all time high price power curve time contours,
• 37:25
  right? Four year, five years ahead of
• 37:28
  support. And then here are the different
• 37:31
  cycle peaks and tops, right? And then you're putting them all
• 37:35
  together, right? And then you put them here.
• 37:40
  And then you. Yeah, I mean it, pretty much.
• 37:46
  Looks and then you get a 200 or 300K top.
• 37:48
  Let's go. It looks like and here is like
• 37:51
  the last frame frozen. So if you compare the cycles,
• 37:59
  it, it doesn't look like this year's cycle is doing so well.
• 38:02
  But if you are just for the power law and you adjust for the
• 38:05
  fact that the market cap is a lot bigger and you take a look
• 38:10
  at where the tops are, the tops have always been around the same
• 38:13
  place. So 2017, 20/13/2021, I think
• 38:18
  2021 was a little bit different because of the China mining ban.
• 38:22
  But you know, again, like all you need to do is pick one of
• 38:27
  those tops, bro. And you're in the 200 K 200 or
• 38:32
  almost 300K region if we have a 2017 type of vibe.
• 38:37
  So let's see, I'm, I personally, bro, I'm extremely bullish for
• 38:41
  Q3. I think Q3 and Q4 is going to be
• 38:44
  extremely explosive. What do you think?
• 38:46
  I know we're heading into the speculation territory, but this
• 38:49
  is the numbers segment. This is literally what it's.
• 38:51
  For I just want to acknowledge the fact that now Nico is
• 38:55
  getting bullish because he sees some chart crime.
• 38:57
  I'm okay with this. I like this.
• 39:00
  First of all, though, to the M2 liquidity chart, it does seem to
• 39:05
  not be fully correlated. Also, I saw another tweet thread
• 39:09
  about it and I, I couldn't find it.
• 39:11
  I didn't like it this morning. I, I should have liked that.
• 39:12
  I didn't know you were going to talk about this, but he was
• 39:15
  essentially saying that the M2 global liquidity chart that
• 39:18
  everyone's kind of pointing towards right now is China.
• 39:22
  And I believe India's money printing right now.
• 39:25
  And the US is only really accounting for like 5% of that
• 39:28
  money printing happening if you look at the EU S S M2 supply.
• 39:33
  And so I don't I I think it's almost even more bullish than
• 39:37
  what we're saying. Yes, it doesn't fully correlate.
• 39:39
  Yes, you know that that chart is is some blatant chart crime
• 39:42
  there. But I think the point does kind
• 39:44
  of remain the same. And I think check maybe kind of
• 39:47
  acknowledged that as well. It's like, yes, Bitcoin does
• 39:49
  follow global liquidity. I think everyone knows this, but
• 39:52
  it doesn't necessarily follow that chart exactly.
• 39:54
  And as we are seeing, there is in an incredible amount of money
• 39:58
  printing happening right now. As we all know, the big
• 40:00
  beautiful bill just passed and they're going to basically turn
• 40:03
  on the money printers themselves.
• 40:04
  So maybe that chart doesn't align perfectly, but I think the
• 40:09
  fundamentals of it, I guess if you could even say that like the
• 40:12
  the idea of it does kind of track and it's the idea more
• 40:17
  global liquidity. It's got to find a home.
• 40:19
  Eventually it will find a home in Bitcoin.
• 40:20
  Now, on that last chart, the power curve law chart or
• 40:25
  whatever they call it now, I don't know if they're true, but
• 40:29
  I love anything that tells me that I'm right, that we're going
• 40:31
  to see 203100K by the end of the year.
• 40:33
  Though the timing is kind of interesting.
• 40:36
  If you looked at that chart, it said somewhere around September,
• 40:38
  December. So it kind of aligned for a
• 40:44
  while on this show that hey, we might have a kind of slow
• 40:47
  summer. It's going to be a explosive end
• 40:50
  of the year. I'm.
• 40:51
  Starting to buy into the extended bull market?
• 40:54
  Me too. Me too, though I do want to say
• 40:56
  something, Nico on here and we could debate it a little bit.
• 40:59
  Like if you if you do look at this chart, I know you've been
• 41:03
  making the rounds and you've been a bear on the show and
• 41:05
  you're like, it's extremely disappointing in terms of price
• 41:08
  action. But but, but, but look at this
• 41:10
  chart here. The chart is basically showing
• 41:13
  like, yeah, maybe it's not what what 2021 kind of early top
• 41:18
  before it double top. But based on the 2013 and the
• 41:22
  2017 cycle, to me it looks like it's right on time.
• 41:25
  That looks like it's doing exactly what it's supposed to be
• 41:28
  doing right there. So I don't know, maybe, maybe
• 41:31
  it's the optimistic orange glasses here, but it looks like
• 41:34
  it's doing exactly what it's supposed to be doing.
• 41:36
  I mean, according to this, yeah, Again, you have to adjust for
• 41:38
  the fact that the markets a lot bigger true.
• 41:41
  You have to adjust for the fact of the power law.
• 41:44
  So essentially it everything takes twice as every cycle.
• 41:47
  The basically the TLDR the guys that you the way that you guys
• 41:50
  have to see it is that everything takes twice as long,
• 41:53
  right? That's the essentially the case
• 41:56
  that's been made right now. Again, what I will say is that
• 42:01
  I've been following a lot of people and no one has got this
• 42:04
  right. This cycle has been completely
• 42:08
  like it's very, very difficult to kind of figure out what's
• 42:12
  happening. And what I will say is I think,
• 42:15
  and it was Mauricio Co founder of Ledin that was talking about
• 42:19
  this. The reason is because this cycle
• 42:22
  is primarily primarily being driven by institutional money,
• 42:27
  AK smart money. So what happens?
• 42:31
  They're not, they're not just going on Bitcoin well and smash
• 42:36
  buying Bitcoin. No, no, no, no.
• 42:38
  They're doing it in a way not to run up the price, right?
• 42:41
  They're doing it in a strategic way.
• 42:43
  There's a reason it's called smart money.
• 42:45
  They don't want to buy half a billion dollars worth of Bitcoin
• 42:49
  and the price for it to go up 20%.
• 42:52
  They don't want to do that. In fact, they would actually
• 42:54
  want the price to go down so they can buy those cheap, cheap
• 42:58
  sats. Now, The thing is eventually
• 43:01
  like a beach ball that you put under the water, eventually it's
• 43:05
  just going to shoot up. It's just a matter of time.
• 43:07
  And the more time Bitcoin continues being a stable coin
• 43:11
  because I think it has like an identity crisis right now.
• 43:15
  That's better for Bitcoin long term, right?
• 43:17
  Because then you have a stronger, healthier kind of run
• 43:20
  up, right? So this is really, really good
• 43:23
  for, you know, like a long term bull market cycle, but for, you
• 43:28
  know, the people that have experienced the previous cycles
• 43:31
  and have gotten those crazy dopamine hits, right, You know,
• 43:34
  the 2017 dopamine hits of Bitcoin, just 2345 Xing in a
• 43:39
  matter of months. Like, yeah, it sucks.
• 43:42
  I'm not going to lie, it does suck, right?
• 43:44
  I see Opti looking at the charts right now.
• 43:46
  Yeah, yeah. Well, I I was clearing it up.
• 43:48
  It was, it was dirty. But I agree with Toby here.
• 43:51
  As long as the chart crime is bullish, I'm fine.
• 43:55
  I also asked people in the chat, by the way guys, if you guys are
• 43:58
  enjoying the show so far. We're almost at 200 likes.
• 44:00
  Smash that like button. We're at 187 likes so smash that
• 44:03
  like button. Shout out to the 100 of you guys
• 44:05
  watching live on Rumble. Love rumble big fan of rumble.
• 44:10
  Rumble is absolutely huge. It's massive and of course shout
• 44:13
  out to the 1700 of you guys watching live on XI asked you
• 44:17
  guys on on YouTube right now. Right now it's at 50505050.
• 44:22
  This poll right now I said we'll get a 2017.
• 44:26
  Will we get a, will we get a 2017 blow off top 5043 votes
• 44:31
  Right now, 51% of you guys said no, 49 percent, 48% says yes.
• 44:38
  Basically, this tells me that no one has any idea what's going to
• 44:41
  happen to the price of Bitcoin. Anyways, guys, it's going to be
• 44:44
  an incredible show. We still have tons of bullish
• 44:46
  news to cover. Ladies and gentlemen, Strategy
• 44:50
  announces a $4.2 billion program to buy even more Bitcoin.
• 44:57
  So we're going to be doing a deep dive analysis of what this
• 45:01
  program is. I got a couple screenshots of
• 45:04
  the presentation. I'm going to be breaking down
• 45:07
  what those screenshots represent and it's going to be a great
• 45:10
  show. And then also big breaking,
• 45:13
  ultra breaking, massive breaking.
• 45:15
  The Trump administration to publish on Bitcoin and crypto
• 45:19
  policy around July 22nd quote it may include recommendations on
• 45:26
  funding A strategic Bitcoin reserve that's right July 21st,
• 45:30
  22nd put it in your calendar. That might be the day that the
• 45:35
  United States of the United States government, the executive
• 45:38
  branch, officially announces that they bought Bitcoin or how
• 45:43
  they're going to buy Bitcoin or that they have the intention of
• 45:46
  buying Bitcoin, which would be insanely awesome.
• 45:49
  So once again, I'm going to keep saying what I've been saying for
• 45:52
  many, many months now. This has been one of the most
• 45:54
  bullish cycles from a news perspective, but from a price
• 45:59
  action perspective, it still has not caught up just yet.
• 46:03
  All right, everybody, let's move on to the news segment.
• 46:05
  We will be right back in just one second.
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  today with Cold Card. But everybody Opti is holding
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  They make different colors. Get yourself a cold card today
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  anything on the store cold card.com take self custody of
• 49:21
  your Bitcoin using the best Bitcoin hardware wallet in the
• 49:25
  game. All right, ladies and gentlemen,
• 49:27
  Michael Saylor continues to gobble up all the Bitcoin in
• 49:33
  freaking existence right now with after this market, after
• 49:37
  this announcement, he's going to own 600,000 Bitcoin.
• 49:42
  That's 3% of the effing supply. That is absolutely massive.
• 49:47
  That is huge. That is fantastic.
• 49:50
  That is fabulous. It's so much corn.
• 49:52
  It's too much corn. Is it too much corn?
• 49:55
  It's a lot of corn it. Makes it.
• 49:57
  Makes me feel incredibly poor bro 600,000 Bitcoin, holy cow.
• 50:02
  Anyway, so he made an announcement about this and
• 50:06
  we're going to go through some of the details about this this
• 50:13
  this, let me be specific here. Strategy announces a $4.2
• 50:18
  billion STRD at the market program.
• 50:23
  So I did a little bit of a kind of a, you know, summary of why
• 50:27
  this is massive. So Michael Saylor's company
• 50:30
  Strategy just dropped a bombshell.
• 50:33
  But they're launching a $4.2 billion stock offering to raise
• 50:37
  money and you guessed it, they're using to buy more
• 50:40
  Bitcoin. So what's actually happening?
• 50:42
  Strategy is selling a special type of stock called STRD
• 50:46
  Preferred Shares. This isn't your regular stock.
• 50:50
  It pays a 10% dividend, but Strategy only has to pay it if
• 50:55
  they choose to. They're selling it a bit by bit
• 50:58
  on the open market to raise funds.
• 51:00
  Why does it matter? They're doing this so they could
• 51:03
  buy more Bitcoin on the top of the 597,000 BTC they already
• 51:08
  hold. That's nearly 3% of the supply.
• 51:11
  Bitcoin pumped from 82K to 1088K and Q2.
• 51:16
  This gives Strategy a fourteen $14 billion in unrealized gains.
• 51:22
  With momentum on their side, they're doubling down.
• 51:24
  So what's the big picture? The move shows that strategy is
• 51:28
  all in on Bitcoin as money, not Fiat.
• 51:31
  They're betting their entire corporate future on BTC becoming
• 51:36
  the global reserve asset. It gives a giant middle finger
• 51:39
  to the Fiat system and a playbook for corporations to
• 51:43
  monetize their stock to acquire hard money.
• 51:46
  Now that moves that that leads me to this next picture, right?
• 51:52
  So strategies, Bitcoin holdings versus Bitcoin corporate biggest
• 51:57
  corporate treasuries. I'm going to make a call here.
• 52:01
  And Opti, we've been more accurate than we have been wrong
• 52:04
  on simply Bitcoin. And we're not even journalists,
• 52:07
  right? I think we just use common sense
• 52:09
  or Bitcoin sense. Maybe, maybe you could phrase it
• 52:12
  that way. So here's the TLDR. So this is
• 52:17
  Michael Saylor. This is strategy, right?
• 52:20
  And these are all these companies from Berkshire
• 52:23
  Hathaway, Amazon, Google, Microsoft, Apple, Ford, Meta,
• 52:27
  General Motors, Exxon, NVIDIA, PayPal, CVS.
• 52:32
  And strategy is sitting at #11 Mind you, this was a company
• 52:37
  that less than five years ago had a market cap less than a
• 52:41
  billion dollars. Now just it's Bitcoin holdings
• 52:47
  alone, make it 11 on in terms of companies that are holding
• 52:54
  assets or cash, cash equivalents or Bitcoin holdings.
• 52:58
  I'm gonna make a I'm gonna speculate a little bit here.
• 53:03
  I'm gonna rub my 8 ball. I'm gonna speculate into the
• 53:08
  future, make a call, make a prediction.
• 53:12
  If things stand and none of these companies, NVIDIA, Exxon,
• 53:17
  General Motors, Meta, Ford, Apple, Microsoft, Google,
• 53:20
  Amazon, or Berkshire Hathaway, do nothing, I guarantee you that
• 53:25
  strategy by the end of the decade will be at the top of the
• 53:27
  list. Because just with the 2X, it
• 53:32
  puts it on par with Apple. Just with the 3X, it makes it
• 53:38
  basically the second biggest company holding, just doing
• 53:44
  nothing. They're not doing anything.
• 53:46
  They're not, you know, selling a product.
• 53:49
  They're just holding a superior asset to cash and cash, cash
• 53:54
  equivalents. And this is the point that
• 53:57
  Michael Saylor is trying to trying to prove.
• 54:00
  So while everyone else holds cash, strategy is the only one
• 54:05
  doing this with Bitcoin. They're not just making a
• 54:07
  statement. They're changing what a modern
• 54:10
  corporate treasury is. While Apple and Microsoft hold
• 54:14
  dollars, strategy holds hard money, and they're signaling to
• 54:18
  the world that Bitcoin isn't a hedge anymore.
• 54:21
  It's the standard. Now that brings me to the second
• 54:26
  slide that Michael Saylor showed in his presentation.
• 54:29
  So 97% of institutional capital is mandated to equity and
• 54:34
  capital. 30X more institutional capital available for BTC equity
• 54:39
  and BTC credit compared to BTC in commodity form.
• 54:44
  So what is the significance of this?
• 54:46
  Only 3% of global institutional capital is even allowed to talk
• 54:51
  touch commodities like Bitcoin, but 97% is locked into equity
• 54:56
  and credit mandates. That's why strategy is wrapping
• 55:00
  Bitcoin inside equity. That's why the STRSTRD stock is
• 55:06
  such a big deal, because global institutions can't buy spot
• 55:10
  Bitcoin, but they can buy exposure to Bitcoin through
• 55:14
  equities, through the STRD stock and eventually credit products
• 55:21
  because it opens the door to 30 times bigger pools of capital.
• 55:26
  Now, I get what you're saying as a bitcoiner, Nico, why does all
• 55:29
  this matter? Like what is the significance of
• 55:31
  all this? Well, the significance of this
• 55:34
  is when we're at this size of a market cap, when we're sitting
• 55:38
  pretty at $2.1 trillion plebs, buying a smash buying $100 a
• 55:46
  Bitcoin isn't going to move the needle anymore.
• 55:49
  Ladies and gentlemen, if we want to get to the market cap of
• 55:52
  gold, you need the Microsoft's, the Googles, the billionaires of
• 55:57
  the world's not smash buying $100 worth of Bitcoin, but smash
• 56:02
  buying half a billion dollars worth of Bitcoin, or a billion
• 56:06
  dollars worth of Bitcoin, or 10 million, $10 billion worth of
• 56:09
  Bitcoin. That is what's going to move the
• 56:12
  move the needle, right? And this is what Saylor
• 56:15
  fundamentally understands and that's why he's creating
• 56:18
  products for companies to get exposure to Bitcoin despite the
• 56:25
  regulatory hurdles and requirements.
• 56:28
  So this is absolutely massive. Michael Saylor is a savant
• 56:32
  essentially. He really understands the game
• 56:35
  and I think his experience, his 20 years experience in the
• 56:39
  capital markets is allowing him to come up with financial
• 56:44
  products that allow institutions and high net worth individuals
• 56:50
  to get exposure to Bitcoin without having to deal with the
• 56:55
  regulatory hurdles. And then of course that's
• 56:58
  profitable for his company. Of course, he's using the Fiat
• 57:02
  system to raise money to buy something that has absolute
• 57:05
  scarcity, which is Bitcoin, which eventually is going to
• 57:08
  make the price go up. And this is a all in type of
• 57:12
  play. If Bitcoin, you have to
• 57:14
  understand something, ladies and gentlemen, if Bitcoin does not
• 57:17
  go up five years from now, MicroStrategy is done, it's
• 57:22
  over. He, by definition, is going all
• 57:26
  in. This is something that I think a
• 57:27
  lot of us have done in this show.
• 57:30
  We've gone all in. Me and Opti have gone all in.
• 57:32
  We've been all in for like 9-10 years now.
• 57:34
  Like don't look back, right? I wish we had a exposure.
• 57:38
  I wish we had the the same tools that sailor has, but we don't
• 57:42
  cuz we're plebs. But dude like like eventually
• 57:47
  the beach ball is gonna explode and go out of the pool and go
• 57:50
  out of the water and it's gonna reach new heights the likes of
• 57:53
  which have never been seen before.
• 57:55
  And then you, then you sprinkle in the fact that you have a pro
• 57:59
  Bitcoin administration that isn't trying to destroy Bitcoin,
• 58:03
  you know, by attacking it from a regulatory perspective.
• 58:08
  And you're creating a perfect situation where in the next, you
• 58:13
  know, four years or so during Trump's second term, dude, like
• 58:20
  I, I think we're going to see some, some crazy heights.
• 58:23
  I think we're going to see some crazy heights to say the least.
• 58:25
  Bro, I, I, I wouldn't be surprised with half $1,000,000
• 58:28
  Bitcoin by the end of Trump's term and then this term, this,
• 58:33
  this, this cycle specifically, I wouldn't be surprised with 200K
• 58:36
  Bitcoin dude either. So anyways, Opti, what's your
• 58:38
  take brother? Yeah, well, I watched the sailor
• 58:42
  call this morning. It was like 40 minutes.
• 58:45
  Just trying to wrap my head around what sailors actually
• 58:48
  doing cuz you know, I'm not, I'm not going to claim to understand
• 58:52
  what his game plan is or what exactly all these products were,
• 58:55
  but he did a great job kind of explaining what is actually
• 58:59
  going on with these products. And if you pull, well, you pull
• 59:01
  up that 97% chart again, there was, there's a few points in
• 59:05
  there. Obviously he did a whole rundown
• 59:07
  of all the things around Bitcoin.
• 59:10
  No, the other one, the other one.
• 59:11
  Actually, you could you could stay here though.
• 59:13
  Just this chart itself is pretty crazy.
• 59:16
  I was going to bring this up before you brought this chart
• 59:18
  up, but the fact that sailor is or rather strategy, you know,
• 59:22
  has been catapulted to the number 11 spot of biggest
• 59:25
  corporate treasuries just simply by holding Bitcoin is just it's
• 59:29
  just nuts to say the least. And I think your prediction
• 59:32
  isn't that crazy. I think he will be the number
• 59:34
  one biggest corporate treasury period.
• 59:36
  And we saw the $14 billion unrealized games is like, I
• 59:40
  forgot, I think they said in the, in the presentation, I
• 59:43
  think they're up there in like the top five or the top 10 games
• 59:49
  out of all the companies. So this chart right here doesn't
• 59:52
  have like financial corporate treasuries, which are like the
• 59:55
  big banks and stuff. But his unrealized gains for Q1
• 59:59
  is on par with some of those big financial behemoths that we all
• 1:00:03
  know and love the, the, the other one, the, the 97 percent
• 1:00:06
  1. So as everyone in the chat or
• 1:00:08
  even people and I, I am going to kind of talk about corporate
• 1:00:11
  treasuries in general in the culture.
• 1:00:13
  But if you pull. The culture is corporate.
• 1:00:18
  Trust. Yeah, yeah, yeah.
• 1:00:20
  It's all the rage. No, the other chart.
• 1:00:22
  Pull up the other chart. All right, so when they were
• 1:00:28
  talking about this chart, he said a few important things that
• 1:00:32
  I think a lot of people can't really wrap their head around
• 1:00:36
  and, you know, meet myself being one of them.
• 1:00:38
  This is why I watched the call this morning and I'm trying to
• 1:00:41
  understand what Sailor is actually doing.
• 1:00:44
  And before he showed this slide, he basically said, look,
• 1:00:47
  everyone asked me why should I even care about these products
• 1:00:51
  when I should just buy Bitcoin directly?
• 1:00:53
  And he's like, yeah, that's the point.
• 1:00:54
  Like you should be buying Bitcoin directly.
• 1:00:57
  But when you put this chart and you kind of understand what's
• 1:00:59
  going on here, as it says, 97% of institutional capital is
• 1:01:03
  mandated, again, keyword mandated to buy equity and
• 1:01:07
  credit. And that's a 30X compared to
• 1:01:10
  what you see at the very bottom, that $3 trillion that can go
• 1:01:13
  into to commodities. And so essentially what's going
• 1:01:18
  on is like, yes, the status, the, the, the view that we talk
• 1:01:22
  about here constantly, you know, not your keys, not your Bitcoin.
• 1:01:25
  That's exactly what you should be doing on an individual level
• 1:01:29
  or even on a small business level, like your private
• 1:01:32
  business, just put Bitcoin on the treasury, you're going to
• 1:01:35
  have a longer runway. That's, that's what you know, we
• 1:01:38
  constantly talk about. But as we're seeing, Bitcoin is
• 1:01:41
  maturing, it is, you know, essentially for better words
• 1:01:44
  being financialized right now. And there's still a ton of
• 1:01:48
  capital that can't find its way by law into Bitcoin.
• 1:01:52
  And so a lot of these products, what are the STRKSTRDSTRF and of
• 1:01:59
  course, MSTR itself are basically like tailored products
• 1:02:04
  for different types of investors out there.
• 1:02:07
  And so every product is hitting a different type of investor.
• 1:02:10
  And I find that really interesting that, hey, look, I
• 1:02:13
  may not fully understand what's going on, but he is creating
• 1:02:17
  these securities for these investors to get into Bitcoin.
• 1:02:20
  And the way that they're doing it is, as we all know, you know,
• 1:02:24
  this perfect feedback loop where everything that Sailor is doing,
• 1:02:28
  whether you like him or not, he's doing trying to do one
• 1:02:31
  thing. He's essentially trying to
• 1:02:33
  increase the price of Bitcoin so that his products do that much
• 1:02:36
  better. And so when you kind of think of
• 1:02:38
  it in that sense, it's like, all right, so for everyday people
• 1:02:43
  like us, we should just probably follow the Sailor strategy and
• 1:02:46
  we just buy Bitcoin. We hold it on our personal
• 1:02:49
  portfolios balance sheet, however you want to look at it,
• 1:02:52
  but these new products are created and marketed and for a
• 1:02:58
  specific investor out there that can't or is kind of afraid of
• 1:03:02
  volatility or has certain, you know, variables that they need
• 1:03:06
  to hit with their capital. And he's tailoring these
• 1:03:09
  different products for these different investors.
• 1:03:12
  And so as you can see here, what is this 100, about $100 trillion
• 1:03:19
  that can flow into Bitcoin via these different strategy
• 1:03:23
  securities like it, it, it's absolutely, you know, a master
• 1:03:28
  class. It is genius here.
• 1:03:29
  And I mean, I, I can't pretend to even understand the full end
• 1:03:34
  game here, but I think this is going to be huge.
• 1:03:38
  The, the reason that Taylor's stock like 20X right in like a
• 1:03:43
  matter of years is because he served, he, he provided a
• 1:03:49
  product that was necessary for institutional capital to get
• 1:03:54
  exposure to Bitcoin because of the just regulations.
• 1:03:59
  So they didn't feel comfortable just buying spot Bitcoin and put
• 1:04:02
  into self custody. So what Saylor did was like,
• 1:04:05
  look, guys, you can get exposure to Bitcoin buying my stock, but
• 1:04:10
  that wasn't enough, right? There's people that want fixed
• 1:04:13
  income, there's people that, you know, there, there's, there's
• 1:04:17
  different types of different types of investors with
• 1:04:20
  different types of needs and there's pros and cons to all the
• 1:04:23
  stocks, all the products that that Sailor is releasing, right?
• 1:04:28
  And this is one of them. But this is absolutely massive
• 1:04:30
  what Opti is saying. I mean, that's 30X, bro.
• 1:04:34
  Like imagine if we just captured 10X of that, you know, 5X of
• 1:04:38
  that, 6X of that, right? Numbers obviously going to go
• 1:04:41
  up. Anyways, Ladies and gentlemen,
• 1:04:43
  we still have to cover. Apparently Opti is going to talk
• 1:04:46
  about. Well, we're really talking about
• 1:04:48
  paper Bitcoin, but it's, you know, that's, that's the real
• 1:04:51
  theme here. But it's a good continuation.
• 1:04:53
  It's about corporate treasuries. We will be right back in just a
• 1:04:55
  second. Ladies and gentlemen.
• 1:04:56
  We're going to hit the culture. We have tons to talk about.
• 1:04:58
  Stay tuned, We'll be right back. Smash that like button.
• 1:05:03
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• 1:06:45
  OK, All right. So putting dovetailing rather
• 1:06:50
  the conversation we just had, I saw this this morning on Twitter
• 1:06:54
  and there's been a, you know, there's been a push back from
• 1:06:57
  the community on this idea of whether these corporate
• 1:07:00
  treasuries are good. Is it, are they buying the
• 1:07:03
  Bitcoin? Is it all paper Bitcoin,
• 1:07:04
  etcetera. And I saw this and I I thought
• 1:07:08
  it's worth kind of talking about considering what we just talked
• 1:07:12
  about with sailors. So this is Jeff Park.
• 1:07:14
  I don't he's over at bitwise, OK, he's head of alpha
• 1:07:17
  strategies at bitwise. So it's not just some random
• 1:07:20
  here. And he goes on Bitcoin treasury
• 1:07:22
  FUD. Now FUD might be a strong word
• 1:07:25
  here, but that's what he tweeted and he goes why believing in
• 1:07:28
  Bitcoin treasuries is believing in capitalism and it's
• 1:07:31
  fundamental freedom. Now, when I was, you know,
• 1:07:34
  originally hearing about sailor, you're like, yo, I don't get it.
• 1:07:37
  He's he's putting on a master class now he holds over 600,000,
• 1:07:41
  will hold over 600,000 Bitcoin, which I think at this point is
• 1:07:45
  probably never going to get caught up to.
• 1:07:47
  And then everyone followed it. And I think our knee jerk
• 1:07:50
  reaction was like, this probably is not going to end well.
• 1:07:54
  And now I think as more people dive into like the paper Bitcoin
• 1:07:58
  meme, I, I'm starting to kind of lean towards what this is saying
• 1:08:03
  this, this starts to make more sense to me.
• 1:08:05
  So I'm going to read it here and then we'll kind of discuss it a
• 1:08:08
  little bit. And then I think maybe show that
• 1:08:11
  they probably are buying all this Bitcoin anyways.
• 1:08:13
  Jeff Park tweets, it goes. I see a lot of fun going around
• 1:08:16
  about Bitcoin treasury companies, especially the claim
• 1:08:19
  that they're just quote paper Bitcoin creating 3X dilution
• 1:08:22
  through the M NAV premium. I get why people say this, but
• 1:08:25
  I'd like to shift the Overton window on the conversation.
• 1:08:28
  And you know, we just love Overton Window goes over here.
• 1:08:30
  So there are two foundational tenants of capitalism.
• 1:08:35
  There are two foundational tenants of capitalism.
• 1:08:38
  You either accept or you don't as basic human rights.
• 1:08:41
  The 1st is OK. The first is 1.
• 1:08:46
  Do you believe in the value of a liquid public market?
• 1:08:48
  If so, then you must also accept that volatility is a feature,
• 1:08:51
  not a bug, as an inevitable byproduct of liquidity and price
• 1:08:54
  discovery. And if you believe that
• 1:08:56
  volatility can be harnessed, turned into income, then quote
• 1:08:59
  yield is not some distortion, it's a structural feature of
• 1:09:02
  monetizing public markets. The second is trickier.
• 1:09:05
  Do you believe in credit creation?
• 1:09:07
  In other words, do humans have the right to borrow and lend
• 1:09:09
  against their own assets? If the answer is yes, then
• 1:09:12
  credit is another fundamental expression of the freedom to
• 1:09:14
  trade, trade and transact. It's important to draw a line
• 1:09:17
  between Fiat based credit creation, which is a form of
• 1:09:20
  systemic rot, and a price species system rooted in actual
• 1:09:23
  collateral. Bitcoin offers the potential to
• 1:09:26
  build a far more honest credit model than anything we've seen
• 1:09:29
  before. So yes, while Bitcoin treasury
• 1:09:31
  companies are a capitalist innovation, that doesn't mean
• 1:09:34
  they must be a Fiat system captive or anti Bitcoin values.
• 1:09:38
  If you believe in open markets for all and freedom to trade and
• 1:09:41
  transact, then Bitcoin treasury companies could become the most
• 1:09:45
  most important and productive permanent capital vehicle for
• 1:09:47
  Bitcoin financialization. It's time to believe and of
• 1:09:51
  course, Steven Lobka, he's now at Nakamoto and he goes markets
• 1:09:55
  demand different risk profiles. As we just talked about treasury
• 1:09:58
  companies being higher risk slash volatility than Bitcoin
• 1:10:02
  isn't a bad thing. In the same way preferred being
• 1:10:05
  lower risk isn't a bad thing. Even if you are comfortable
• 1:10:08
  holding 100% Bitcoin, just understand the entire capital
• 1:10:12
  stack won't be. And that's exactly what say
• 1:10:15
  Taylor just kind of showed in that one screenshot.
• 1:10:18
  And now going further look, there probably is some paper
• 1:10:21
  Bitcoin in the system, but it does look like the exchanges are
• 1:10:25
  losing Bitcoin at a rapid rate right now.
• 1:10:28
  And at first, I did kind of have a knee jerk reaction and I'm
• 1:10:33
  still open to the possibility that there will be some copycats
• 1:10:36
  to this Bitcoin treasury strategy that probably blow up.
• 1:10:40
  But I do lean to what Jeff Park said on here.
• 1:10:44
  Again, we are unabashed, full unashamed capitalist here.
• 1:10:48
  And when you read it in this term, I don't necessarily think
• 1:10:51
  it's as bad of a thing as a lot of people are saying.
• 1:10:53
  Yes, on the individual level, I believe that you should just
• 1:10:57
  hold Bitcoin in, you know, cold storage, hold the keys.
• 1:11:00
  It's not your Bitcoin if you don't hold the keys.
• 1:11:02
  But from the perspective of the very end of rather what Love Cut
• 1:11:07
  said, you know, the whole capital stack is not necessarily
• 1:11:11
  comfortable withholding their own keys.
• 1:11:12
  And furthermore, they have these regulations that basically stop
• 1:11:17
  them from holding their own keys.
• 1:11:19
  And so if you kind of zoom out a little bit, yes, you may not
• 1:11:22
  agree with it, but I don't necessarily think it's as bad as
• 1:11:26
  it's been framed on Twitter. And I actually someone in the
• 1:11:29
  chat just sent me this. So I haven't read it yet, but
• 1:11:33
  this came out of Bitcoin Mag and it's Bitcoin treasury companies
• 1:11:36
  are bubbles. So you can see both sides of the
• 1:11:38
  aisle here. I'll have to read this article.
• 1:11:40
  I didn't actually read it yet. So the chat literally just gave
• 1:11:42
  it to me. I'll read it and we'll chat
• 1:11:44
  about it later. But this idea here of if you are
• 1:11:48
  pro capitalism, then of course, Bitcoin treasury companies are
• 1:11:51
  probably where the financialization of Bitcoin is
• 1:11:55
  going. Now.
• 1:11:56
  Will people get over their skis and some people get wrecked?
• 1:11:58
  Yes, probably. But I don't necessarily think
• 1:12:01
  that it is this poison pill, this bad thing going on.
• 1:12:06
  I'm I'm trying to really understand exactly what sailors
• 1:12:09
  doing exactly what these Bitcoin treasury companies market fit is
• 1:12:14
  and it seems like they do have a market fit here.
• 1:12:17
  So I know a lot of people in the chat are saying, you know, paper
• 1:12:20
  Bitcoin, it's all paper Bitcoin. You guys talk about self custody
• 1:12:23
  of Bitcoin. I think I don't think it's an
• 1:12:26
  either or thing. I think it can be both of these
• 1:12:28
  scenarios playing out in real time.
• 1:12:30
  So I found that very interesting.
• 1:12:32
  And of course, you know, we talked about sailors new STRD
• 1:12:35
  product. He's raising 4.2 billion.
• 1:12:38
  He's got 600,000 Bitcoin. I think it does start to paint a
• 1:12:42
  new light on what these things are and what they're doing and
• 1:12:46
  what niche they are kind of attacking here.
• 1:12:49
  And it is opening up a huge amount of capital to come into
• 1:12:52
  Bitcoin, which of course, for all of us means the Bitcoin
• 1:12:55
  price is going to go up. So enough ranting here, Nico.
• 1:12:58
  I know you're a capitalist here. So what was your take hearing
• 1:13:01
  that? Yeah.
• 1:13:02
  I mean, like, look, like I think this cycle has been it's been
• 1:13:10
  positive, but also a little bit bittersweet.
• 1:13:13
  I think Bailey had the best like line when it comes to this.
• 1:13:17
  It's like your favorite band just went mainstream.
• 1:13:20
  And there's always like downsides to that and upsides
• 1:13:24
  like the kind of counterculture which we we're gonna do our best
• 1:13:30
  to keep alive here at simply. And you know, before no, it me
• 1:13:33
  and Opti are wearing ties and stuff to the show.
• 1:13:37
  But the kind of counterculture that is Bitcoin, right?
• 1:13:40
  And the cyberpunk type of, you know, mentality, you know, when
• 1:13:45
  the President of the United States is basically, you know,
• 1:13:48
  saying like, yo number go up, you're not really counterculture
• 1:13:52
  anymore. When Wall Street is like
• 1:13:53
  embracing it, when Jamie Dimon is admitting, OK, guys, like you
• 1:13:57
  can buy Bitcoin through my platform.
• 1:13:59
  Like you win, you know, like you're not really counterculture
• 1:14:04
  anymore. Like you've won the game.
• 1:14:06
  Now, what I will say is we have to be careful here.
• 1:14:11
  And I don't know, like I think it doesn't matter how much I say
• 1:14:15
  this like market forces are going to do what market forces
• 1:14:18
  do best. I just hope that Bitcoin doesn't
• 1:14:21
  become gold 2 point O where the reason that gold isn't
• 1:14:27
  significantly higher is because of the amount of paper gold
• 1:14:30
  basically. And I hope that it doesn't get
• 1:14:34
  captured, institutionally captured, because that's what it
• 1:14:38
  looks like it's happening right now, right?
• 1:14:41
  Like I didn't like, as much as I appreciate Sailor for all he's
• 1:14:45
  done in terms of promoting Bitcoin, I don't like his answer
• 1:14:49
  at the Bitcoin conference to Mitchell Hoddle or Mitchell
• 1:14:52
  Hoddle was like, why don't you just make your reserves public?
• 1:14:54
  And he was like, I don't want to do that.
• 1:14:56
  And he's like, just ask AI and AI, you know, we'll tell you why
• 1:15:01
  that's a bad idea. Listen, I don't have experience
• 1:15:03
  in the capital markets, but I think I have common sense and so
• 1:15:07
  does Opti. Like you know, Paulo from Tether
• 1:15:12
  literally copy pasted the Tether address as 94,000 coins.
• 1:15:16
  El Salvador, El Salvador's reserves, country's reserves are
• 1:15:22
  public for the world to verify. That should be the standard
• 1:15:27
  because if you have accountability like that and and
• 1:15:32
  shout out to some there, there has been some on ramps that have
• 1:15:35
  been pushing this as well, like every and let in our our partner
• 1:15:40
  like they have proof of reserves.
• 1:15:43
  You should have proof of reserves.
• 1:15:45
  Like there isn't a with gold. You couldn't have that because
• 1:15:50
  the proof of reserve would essentially been like the
• 1:15:53
  government auditing their own reserves and saying, Hey, trust
• 1:15:56
  me, bro. Here's a piece of paper like
• 1:15:59
  this is a public Ledger. You don't it's not like trust me
• 1:16:03
  bro, like you can do proof of reserves if you do proof of
• 1:16:07
  reserves. And if that's the standard, I
• 1:16:10
  have nothing against Bitcoin treasury companies at the end of
• 1:16:15
  the day, like look, I am a capitalist.
• 1:16:17
  I love capitalism. Capitalism is the only way for
• 1:16:21
  society to function in a non coercive way, right?
• 1:16:24
  So, you know, let like let these products come out.
• 1:16:30
  If you don't like them, don't buy them.
• 1:16:32
  That's, you know, that's the reality.
• 1:16:34
  Like I, you know, I, I'd say this Optia all the time.
• 1:16:37
  I'm, I, I personally like spot Bitcoin.
• 1:16:39
  I've had spot Bitcoin, but looking at the MicroStrategy
• 1:16:41
  price go up, I'm like, dude, like that sucks.
• 1:16:45
  Like maybe if I just took 10% of my stack, 20% of my stack, put
• 1:16:48
  it in MicroStrategy, like that would have been nice, right?
• 1:16:53
  So, yeah, I mean, you know, but again, that goes against the
• 1:16:58
  Bitcoin ethos of not your keys, not your cheese, right?
• 1:17:00
  That that kind of goes against where we came from, right?
• 1:17:05
  So yeah, man, I mean, it is a very interesting discussion to
• 1:17:08
  have. I definitely think there is
• 1:17:12
  paper Bitcoin without a shadow of a doubt.
• 1:17:14
  Now, is it gonna be enough to suppress the price forever?
• 1:17:19
  Forever? I don't think so.
• 1:17:23
  Do I think paper Bitcoin is suppressing the price right now?
• 1:17:26
  Yes, 100%. I think the market has acted
• 1:17:31
  extremely weird since the ETF introductions in the beginning
• 1:17:35
  of 2024. But again, like there's only 21
• 1:17:40
  million Bitcoin. So like eventually, like
• 1:17:45
  eventually like it's, it's gonna be like wait a second.
• 1:17:47
  So MicroStrategy owns 5 million Bitcoin and you know, this
• 1:17:50
  company owns 2,000,000, but that like if you Add all that up it,
• 1:17:54
  it's more than 21 million. What's going on?
• 1:17:56
  What's what's happening here? Right, so there's only so much
• 1:18:00
  they can do with this is my opinion.
• 1:18:05
  Someone in the chat says BTC plus MSTR plus MSTY is the way
• 1:18:10
  to go. P Ran says imagine having the
• 1:18:14
  largest Bitcoin stack with the president that just flipped on
• 1:18:17
  Elon. Johnny Lee Young says Satoshi's
• 1:18:23
  honey pot is in the wide open, a testament to the security of our
• 1:18:26
  blockchain. I love that comment.
• 1:18:28
  That was a good comment. Buck 52,000 says Sailor has
• 1:18:34
  revealed that he owns 17,000 Bitcoin purchase for 175,000,000
• 1:18:38
  at an average price of 9000 per Bitcoin April 2025.
• 1:18:46
  Yeah, someone someone agrees with us as sounds like a
• 1:18:49
  workaround to the BTC scarcity rule.
• 1:18:51
  Yeah, I mean, this is something that we're going to cover.
• 1:18:54
  Eventually the truth will get exposed.
• 1:18:56
  It is an open Ledger. Unlike Gold's, it's not an open
• 1:18:59
  Ledger. It really does follow the Trust
• 1:19:01
  Me Bro model. The chain analysis stuff kind of
• 1:19:05
  allows a lot of people, to my eyes, really bothering me today.
• 1:19:10
  It kind of allows people to, you know, analyze the chain, right.
• 1:19:17
  So anyways guys, if you guys enjoyed today's show July 7th
• 1:19:21
  2025 Smash that like button. I'm your host Nico is my
• 1:19:25
  legendary Co host Optimus Fields.
• 1:19:27
  I got to give a shout out to Opti for holding it down all of
• 1:19:33
  last week while I was travelling.
• 1:19:35
  I went to Canada for Bitcoin Rodeo.
• 1:19:37
  I am back this week so I will be back on the show.
• 1:19:40
  Guys. Thank you so much for watching
• 1:19:42
  Smash the like button. Subscribe if you feel like we
• 1:19:45
  provided you value and we'll be back tomorrow for a brand new
• 1:19:48
  episode of Simply Bitcoin Live. Today's episode was brought to
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  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:19:57
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