Latest / Simply Bitcoin / Largest Nation in The World DUMPING $4.4 Billion of Bitcoin? | Ep 1094

Transcript

Largest Nation in The World DUMPING $4.4 Billion of Bitcoin? | Ep 1094 · Simply Bitcoin

• 0:00
  Yo, is the largest nation in the world preparing to dump $4.4
• 0:06
  billion of Bitcoin? Well, something happened in the
• 0:09
  US court system this week that now opens up the door for the US
• 0:13
  government to sell 69,370 Bitcoin literally days before
• 0:19
  the next presidential election. And before you think that's so
• 0:22
  crazy and we're off our meds, let's not forget that the very
• 0:25
  day after Trump announced his intentions to make Bitcoin a
• 0:28
  strategic stock pile for the US, the US government move some of
• 0:33
  the Bitcoin to another address. And if they weren't going to
• 0:36
  sell that Bitcoin, why would they be moving their Bitcoin
• 0:39
  just weeks before the presidential election?
• 0:42
  If you're a Bitcoin holder patiently waiting for the next
• 0:45
  leg of the Bitcoin bull run, you have to watch what we have to
• 0:48
  show you today. You may be getting some cheap
• 0:50
  sats on the horizon. So before I get into the news
• 0:53
  story, I do want to bring in our guest, the legendary 3D printer
• 0:57
  Rick from Crypto Cloaks and Power Boy, our Co host Brandon
• 1:02
  Gentilly. So let's get into this new story
• 1:04
  guys. Let me pop this up for you guys
• 1:06
  so you guys can follow along with us.
• 1:08
  So if you don't know what's going on over there on the
• 1:11
  Twitter verse, it looks like the US Supreme Court has knocked out
• 1:16
  a case over the $4.4 billion at Silk Road.
• 1:20
  So here's a title from Coin Telegraph.
• 1:23
  US Supreme Court knocks back case over 4.4 billion Silk Road
• 1:26
  Bitcoin. The top court in the US won't
• 1:28
  hear Battleborn Investments case claiming it purchase rights to
• 1:32
  69,370 Bitcoin CS by the US from Silk Road.
• 1:37
  So diving into the article the United States Supreme Court
• 1:40
  declined to take on the case concerned the ownership up that
• 1:43
  sick Rd. Bitcoin worth approximately 4.38
• 1:47
  billion that the US seized from Silk Road.
• 1:50
  The request for review was brought by Battleborn
• 1:52
  Investments, a company that claimed it had purchased rights
• 1:55
  to the seized Bitcoin through a bankruptcy estate.
• 1:58
  The Supreme Court refused to hear the case and that could
• 2:01
  clear the US government to sell that stack of Bitcoin.
• 2:05
  Battleborn previously failed to convince a District Court in
• 2:08
  2022 and an appeals court in 2023 that it had acquired the
• 2:12
  Bitcoin point through a bankruptcy claim.
• 2:14
  After Silk Road was shut down in 2013, it got denied out of a San
• 2:19
  Francisco appellate court and last year in 2023, claiming they
• 2:23
  didn't have a valid case to the BTC hall.
• 2:26
  And this is the crux of it. The Supreme Court's decision
• 2:28
  means that the US government civil forfeiture action is now
• 2:31
  far more likely to succeed, allowing it to sell all of that
• 2:35
  Bitcoin. We've seen that the US
• 2:37
  government already moved about $2 billion worth of that Silk
• 2:40
  Road link Bitcoin on July 29th, again literally days after Trump
• 2:44
  denounced that strategic Bitcoin reserve and the transfers were
• 2:47
  tied to the Marshall Service, which use Coinbase Prime to
• 2:50
  custody seize crypto currencies, AKA Bitcoin.
• 2:54
  Obviously, if the government sells 69,370 Bitcoin, it's going
• 2:58
  to be a considerable amount of selling pressure and market
• 3:02
  volatility. We've seen this play out member,
• 3:04
  you know a little while ago the German government sold about
• 3:07
  50,000 Bitcoin or at least part of the German government sold
• 3:10
  50,000 Bitcoin. It's probably why we've been in
• 3:12
  such a hey long bear market again.
• 3:15
  It's not clear what the US intends to do with this coins
• 3:18
  again. Trump said he was going to
• 3:21
  announce or rather build a strategic Bitcoin stockpile
• 3:24
  should he win in the election in November 5th and we haven't
• 3:27
  heard anything come out of Kamala Harris.
• 3:29
  She hasn't said anything about what they're going to do with
• 3:32
  that seize Bitcoin. Of course, if you don't know you
• 3:35
  haven't been in Bitcoin for a long time.
• 3:37
  Silk Road was created by Ross Olbrich hashtag free Ross day
• 3:40
  one who's serving a life sentence for we're not even
• 3:43
  going to read that last part for creating a website.
• 3:45
  And again, Trump promised to release Ulbrich.
• 3:48
  So very interesting. Again, guys, you know, you could
• 3:51
  say we're fighting here, you know, oh, more flood.
• 3:54
  I saw someone in the chat saying, oh, more flood from
• 3:56
  these guys. No, guys, what happened now is
• 4:00
  they are opened up to potentially selling that
• 4:02
  Bitcoin. And we've seen that the US
• 4:04
  government has actively and and verbally committed to selling
• 4:09
  all of that Bitcoin. They, they sold some this year,
• 4:12
  they said that they're going to sell four more tranches of that
• 4:15
  Bitcoin. So potentially that total 69,370
• 4:19
  Bitcoin from Silk Road is going to hit the market.
• 4:22
  And yes, it's very interesting since we're just going into what
• 4:25
  we all believe to be the next leg up of the bull run if we get
• 4:30
  all that Bitcoin on the market. Man, it looks like, again, the
• 4:34
  US government and friends seem to be suppressing the Bitcoin
• 4:38
  price, or rather just shooting themselves in the foot by
• 4:41
  selling all of their Bitcoin. And I do have a clip from Jack
• 4:44
  Mahler that Bitcoin Amsterdam basically explaining why that's
• 4:47
  a dumb idea, but we'll get into that later.
• 4:50
  Anyways, Rick, you've been in the Bitcoin space for a long
• 4:53
  time, so what's your thoughts on the US government potentially
• 4:57
  selling all of that Silk Road Bitcoin?
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  I love it personally. I know everybody wants a
• 5:02
  strategic reserve, but I want Bitcoin out of the government's
• 5:05
  hands and into the people's hands.
• 5:07
  That's where our freedom money comes from.
• 5:09
  I don't want governments controlling it or having any so
• 5:13
  I want more people, more plebs to have Bitcoin.
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  So fucking sell it all. Get soap Rd. money back to the
• 5:18
  people. The US is stupid anyways right
• 5:20
  now, so let it buck. Let's go.
• 5:25
  Yeah. I mean, look, I'm 100% with you,
• 5:30
  obviously, as, as I'll show you later in that clip from Jack
• 5:33
  Maulers, the US government actually embracing Bitcoin or
• 5:37
  Trump, if he gets elected, embracing Bitcoin would validate
• 5:39
  this market. But I'm with Rick on this one.
• 5:42
  It's like they stole that Bitcoin in the 1st place.
• 5:45
  Let's distribute that back into the market.
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  If that means cheaper stats for a short period of time, that
• 5:51
  means we can acquire more Bitcoin.
• 5:53
  And this is the real separation of money in state is when AUS or
• 5:58
  rather any government nation state in the world shoots
• 6:01
  themselves in the foot and sells all of their stolen Bitcoin back
• 6:04
  into the market. So hey, will we see this happen?
• 6:07
  We don't know. This is just the beginning of
• 6:09
  it, but we do know that the US government has committed to sell
• 6:13
  those bitcoins in four different tranches.
• 6:15
  So we'll see if it all hits the market by next year and it's
• 6:19
  going to be interesting if they're selling it into to and
• 6:22
  you know, exponential plus size price run of Bitcoin and they're
• 6:28
  just going to be so wrecked. I mean, I remember the last time
• 6:30
  they sold it, I think they sold it and the market recovered very
• 6:34
  quickly and within like a month or so they would the price of
• 6:37
  Bitcoin was up like 25% or something.
• 6:38
  So it's just beautiful to see them get wrecked like this.
• 6:41
  And hey, play stupid games, win stupid prizes.
• 6:45
  Hey, the people always gobble it back up, so sell it back to the
• 6:47
  people. Let's go.
• 6:48
  We'll take care of the rest. Let's go.
• 6:51
  All right, Brandon, what's your thoughts on this?
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  Yeah, I I couldn't agree more with Rick, what Rick said.
• 6:57
  I mean, there's not too much more my my two sets besides that
• 7:01
  are it's, you know, really important to go watch O GS
• 7:06
  older, older Bitcoiners too. This is going to be kind of
• 7:09
  ironic with what I'm about to say, but you know, when you have
• 7:11
  people that have wisdom, generally older people, right?
• 7:14
  These aren't absolutes. But when you go watch older
• 7:16
  people, whether it's a sailor or whether it's the Bob Burnetts of
• 7:19
  the world or the Larry Leopard's, these are guys that
• 7:20
  have been through, you know, the Fiat their entire life for a lot
• 7:23
  longer than I have being 37 years old.
• 7:26
  And they have a lot of wisdom to to, you know, I think they're
• 7:29
  some of the most important people in a way, because they
• 7:31
  didn't have the humility to transfer to where where they've
• 7:35
  been or all the things they've learned, had to then unlearn and
• 7:37
  then relearn. I mean, you think about how hard
• 7:39
  that really is at the end of the day to do that.
• 7:41
  And it's a little bit easier for younger people to do.
• 7:44
  But at the same time, right, you have this group, this cadre of
• 7:47
  of wise bitcoiners, and then you have this hippie bubble.
• 7:52
  And you know, like, like Rick said, I mean, the government,
• 7:54
  you know what, you know, taking the Bitcoin through these
• 7:58
  illicit means will say they need to go buy it, you know, use the
• 8:00
  money printer or whatever, you know, use do something at least
• 8:03
  to, you know, to to purchase actual Bitcoin.
• 8:06
  But in saying that, the big thing like again, like people
• 8:10
  out doom or FUD, it's like now at the end of the day, life is
• 8:12
  going, we talked with this offline.
• 8:13
  Life is going to be so different 10 years from now.
• 8:16
  You can't even imagine, you know, again, offline, we were
• 8:18
  talking about AI and 3D printing, obviously, and that
• 8:21
  combined with Bitcoin, those three things that triangle, that
• 8:24
  trifecta is going to, you know, 20342032 to 2036.
• 8:29
  You're not going to recognize the world you live in.
• 8:31
  That's how far and different things are going to be.
• 8:33
  And really in wrapping this up and landing the plane, the 3D or
• 8:36
  the the hippie bubble, as we talked about many times, is is
• 8:40
  really popping. And it's the, the hippies
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  generation it they are the ones controlling all of academia, all
• 8:46
  of politics, every company, you name it.
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  They are in every walk of life leading things.
• 8:51
  And as that changes and they, they go into the sunset, they
• 8:55
  are not controlling things anymore.
• 8:56
  And guess who's there to take the place, right?
• 8:58
  Some Gen. Xers, a lot of millennials, some
• 9:00
  Gen. Z, they're taking that place
• 9:01
  over the next 10-15 years. And we can comprehend the change
• 9:05
  that is coming because of this. So that's, that's my, my two
• 9:08
  sats on. And I think that, again, Rick
• 9:10
  kind of hit the nail on the head, but I just wanted to
• 9:11
  expand on that. Yeah, 100%.
• 9:14
  I mean, as we've been covering as Bitcoiners for a long time,
• 9:17
  this is the great distribution of wealth that's playing out
• 9:20
  right now from the analog world into the Bitcoin world or the
• 9:23
  digital world. And if you are a young person, I
• 9:27
  think it's it's basically your duty to take advantage of this
• 9:30
  and you know, start stacking Bitcoin.
• 9:33
  But there is a good comment in here in the chat, which which is
• 9:36
  one of the ironies that I always, I always notice when we
• 9:39
  see the government talk about Bitcoin or sell their Bitcoin.
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  So forgive me because I'm going to butcher your name, but
• 9:44
  Vershell Tyus, I believe. Sorry bro, the government is
• 9:48
  such a conflict of interest. They don't want us to have it,
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  but yet they're going to sell it like sell it to to who?
• 9:54
  What is going on here And you you really see the hypocrisy
• 9:58
  coming out of the governments where they're like yeah, you
• 10:00
  know we we got to protect you. You can't get into Bitcoin.
• 10:03
  We got to do operation choke .2 point O.
• 10:04
  So you can't even get capital into Bitcoin.
• 10:06
  But hey, we got all this Bitcoin and we're just going to sell it
• 10:09
  to you guys. And we're just like, So what is
• 10:11
  it? Is it, is it money?
• 10:13
  Is it just an investment? What like what, what are the
• 10:16
  rules here? U.S. government, obviously, as
• 10:18
  long as the US government can profit from it, they're like,
• 10:20
  Yep, we're going to sell this. And we're like, thank you.
• 10:23
  Give me them cheap shats. Give me them cheap shats.
• 10:25
  Yeah, they got to try to pay off the debt somehow, which is
• 10:27
  impossible, but they'll try anything.
• 10:31
  Yeah, don't point out their hypocrisy, guys, because they
• 10:34
  need to make their money too. Oh, man, absolutely incredible.
• 10:38
  All right, guys, let's get into the show because of course we
• 10:41
  got a long show for you guys. We got, we got some good stuff.
• 10:44
  Like I told you today, we got a Jack Muller's clip coming out of
• 10:46
  Bitcoin Amsterdam. We actually have a very
• 10:48
  interesting story in the news segment.
• 10:51
  We we really don't talk about altcoins or shit coins much, but
• 10:54
  an interesting story came out from the FBI and you know,
• 10:58
  market manipulation and pumping dumps in the shit coin space.
• 11:01
  Absolutely incredible story. And then of course, we got Rick
• 11:04
  from crypto cloak. So if you haven't been exposed
• 11:07
  to 3D printing, today's the day where we're going to be talking
• 11:10
  about 3D printing for you guys. So it's going to be an epic
• 11:12
  show. Stick around.
• 11:13
  But before we do that, of course, we got to pay the bills
• 11:16
  over here at simply Bitcoin and shout out to our lead sponsor at
• 11:19
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  If you want a full recap, watch yesterday's show.
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  We had Adam the CEO come on just absolutely love when Adam comes
• 11:43
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  code and you can use the promo code simply BTC to get 3 tosses
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  into the Bitcoin well wishing well.
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  And what is that? It's just a game a little, you
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  know, a little gamification over here.
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  You throw some coins in and you receive some sats back.
• 12:00
  You have a potential to win a million sets and we got a 2100
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  sets scan the QR code first come first served.
• 12:08
  On that note, boys and girls, let's get into the rest of the
• 12:13
  show. Of course, of course, everything
• 12:23
  we do on this show, all of our sponsors are Bitcoin companies
• 12:27
  to help you protect your Bitcoin and get more Bitcoin.
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  So get yourself a stamp seed guys, Make sure you are putting
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  and you can use the promo code simply to get 15% off, you know,
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  and it's hammer time, boys and girls.
• 12:59
  All right, anyways, let's move on.
• 13:01
  Of course, of course this is the number.
• 13:03
  So we got to go over some time change stats.
• 13:05
  We're over here on Clark Moody's dashboard and the Bitcoin price
• 13:08
  is currently $60,500. It looks like we're turning back
• 13:12
  to 58 K guys, I guess it's 58K forever.
• 13:15
  Absolutely devastating over here.
• 13:17
  The stats per dollar 8K dollars worth in Bitcoin AKA how much
• 13:21
  Bitcoin you can buy for a single dollar is currently at 1653
• 13:25
  stats. Or for the bits Maxis in the
• 13:28
  back that no longer yell at me 165 bits I.
• 13:32
  I really hope the bit stats debate comes back around because
• 13:35
  it's always so fun to see people pick sides on that one.
• 13:37
  It's hilarious. Anyways, the current block
• 13:39
  height is 865,000 and 52. The current market cap and Fiat
• 13:44
  terms is $1.2 trillion. Dang man, we're getting wrecked
• 13:48
  by the silver market cap right now.
• 13:50
  You guys need a pump as well. It's BlackRock.
• 13:52
  Pump our bags here. Let's get out of this $1.2
• 13:55
  trillion market cap. The Bitcoin versus gold market
• 13:58
  cap is 6.58%. Obviously.
• 14:00
  So much room to run in the hard money gang.
• 14:03
  It's not over guys. Bitcoin isn't dead,
• 14:06
  metaphorically I guess. And the total money supply, the
• 14:08
  percentage issued is 94.12%, which means 19,765,571.11 BTC is
• 14:17
  currently circulating. And shout out to Chris
• 14:20
  yesterday. By 2035 I believe 99% of all the
• 14:23
  bitcoins will be distributed and will be fighting for the last 1%
• 14:27
  for the next 100 years. So, you know, absolute digital
• 14:30
  scarcity. It's beautiful.
• 14:31
  Love to see it. All right, anyways, as I was
• 14:34
  telling you, Bitcoin Amsterdam is going on right now, hence why
• 14:38
  I'm hosting and Nico's over there in Amsterdam being an
• 14:40
  influencer and I'm stuck at home doing the show.
• 14:42
  But you know, the show goes on, the show goes on.
• 14:45
  But there was a great clip that came out from Jack Maulers and
• 14:48
  even, you know, Rick and I, we were talking about this before
• 14:50
  the show. We talked about on the show,
• 14:52
  there is a lot of contention right now in the Bitcoin space,
• 14:55
  whether the US doing a strategic Bitcoin stockpile or, you know,
• 15:00
  the Bitcoin and reserve strategic asset is a good idea.
• 15:03
  You know, we can we can make our cases on both sides.
• 15:06
  One side is like we need the separation of money in state.
• 15:09
  The other side is like, well, if the US really wants to pay off
• 15:12
  their debt, they should probably be holding that Bitcoin.
• 15:15
  And as we covered in the beginning, it looks like they
• 15:17
  might be selling all of the coin that they already hold.
• 15:20
  So it they're just shooting themselves in the foot.
• 15:23
  But I really do like how Jack Mueller's explains why he thinks
• 15:27
  the US is the most likely candidate to print money and buy
• 15:30
  Bitcoin. And we've been covering this on
• 15:32
  the show for a while, that once a nation state turns on the
• 15:35
  money printer to buy Bitcoin, it is game over.
• 15:38
  It is number go up to Valhalla, We are hitting the moon.
• 15:41
  We're going to Mars if they do that.
• 15:43
  But who knows? Obviously, I think if they did
• 15:46
  that, it would kind of prove the very fact of Bitcoiners being
• 15:50
  right that hey, maybe this money, this Fiat currencies
• 15:54
  we're using, it's worthless if they're printing obscene amount
• 15:57
  of it, debasing your Fiat holdings to buy more Bitcoin.
• 16:00
  You might want to buy some Bitcoin.
• 16:01
  I don't know, maybe let's cut out the middle man and just
• 16:04
  continue to buy Bitcoin and hold your Fiat to just pay whatever
• 16:07
  you need to. Anyways.
• 16:08
  Let's hear Jack Mullins explain this.
• 16:10
  I think the next big step would be if a government that has the
• 16:15
  ability to print and debase and uses a central bank to
• 16:18
  manipulate and control and influence the time, energy,
• 16:22
  effort and labor of the populace and of society.
• 16:26
  If a if a government that has that power is able to buy
• 16:31
  Bitcoin and acknowledge it. Not even the legal tender part,
• 16:34
  just acknowledge it, own it and validate it.
• 16:40
  That would be huge deal. And I actually think the United
• 16:43
  States of America is probably in the best position to do that.
• 16:48
  And where I think they're the most likely candidate because
• 16:51
  they have the world reserve currency.
• 16:53
  Like the US is like, like we just issued debt.
• 16:58
  Like we're, you know, being part being the world reserve currency
• 17:01
  implies that we run these massive deficits and we issue
• 17:05
  all of this debt, right? And so we are the most
• 17:07
  incentivized to actually start backing our future promises with
• 17:12
  something real. So I told, you know, my chief of
• 17:16
  staff is somewhere in the audience.
• 17:18
  I told him, like after El Salvador, people would ask me,
• 17:21
  you know, what's the next? Is it, you know, Guatemala,
• 17:24
  Argentina, everyone was like looking on a map, looking
• 17:26
  through Latin America. I said, you know, it might be
• 17:29
  the United States. Bitcoins very American, and the
• 17:33
  United States in theory is technology, innovation,
• 17:37
  inclusion, equality. Every note on the network is
• 17:40
  treated equal. You can come and go as you
• 17:42
  please. So maybe I'm manifesting a
• 17:46
  little bit. Maybe this is less of a
• 17:47
  prediction, more of a hope, but I think that would be a really
• 17:51
  big deal. And as big of a deal as El
• 17:53
  Salvador was, the next step would be a government that
• 17:56
  actually can print their money and debase the populace through
• 18:00
  money printing. If they were to say this Bitcoin
• 18:03
  thing's legit and we should have some, I think that'd be massive.
• 18:09
  Love it, Absolutely love it. I've been sent.
• 18:11
  Look, I've been getting yelled out here, especially by Nico
• 18:15
  because he's always like, man, things are getting so bad.
• 18:17
  When are we moving to El Salvador?
• 18:18
  And I'm like, I'm not leaving. I don't want to leave the USI
• 18:22
  don't want to give up our country here.
• 18:24
  And as much as I am on the same line of thinking as Rick, where
• 18:28
  it's like, look, I want the separation of money in state.
• 18:31
  I'm also not naive in thinking that, hey, if a government with
• 18:35
  what are we at now almost $36 trillion of debt, like if they
• 18:39
  ever really want to get out of that debt, then they need to be
• 18:41
  holding some Bitcoin. And this is the only way that
• 18:44
  there's a potential possibility for them to pay off that
• 18:47
  Bitcoin. And I really like how Jack
• 18:48
  Mileage is putting this. Like, I also fundamentally
• 18:51
  believe that Bitcoin is as American as a, as apple pie.
• 18:55
  It, it's I, I think we've heard in the past like Bitcoin
• 18:58
  instills the American ideals in cyberspace.
• 19:01
  Maybe Taylor said that, I don't know.
• 19:03
  But I also think that it's very interesting to think of it in
• 19:06
  this terms that really once we get a first world nation, like
• 19:09
  shouts out to El Salvador, they will be #1 forever in the
• 19:12
  history books in regards to embracing Bitcoin.
• 19:15
  But I think considering their GDP is what, 32 billion right
• 19:19
  now, it's like it's smaller than Apple.
• 19:21
  Like it's a third of what Apple is like.
• 19:24
  Once we get a first world nation to turn on the money printer to
• 19:27
  acquire Bitcoin, to acquire the hardest asset in the world, I
• 19:30
  think that's when the game theory really starts to play out
• 19:33
  and things start to get really crazy.
• 19:35
  I know Kaiser loves to call it the the global hash war playing
• 19:38
  out. Of course he's talking about
• 19:39
  mining. But when the global Hungry Hippo
• 19:43
  Pac-Man game kicks off and the game of accumulation really hits
• 19:46
  the nation stage level, I don't think the Bitcoin price is ever
• 19:49
  going to come down again, especially if they're holding
• 19:51
  that Bitcoin for a long time. Of course, Cynthia Lummus has
• 19:54
  been on this beat for a long time talking about that.
• 19:56
  This is the only way for the US to continue to compete on the
• 20:00
  world stage, though. As we've seen throughout this
• 20:03
  whole year, it seems like the US wants to crumble.
• 20:07
  It seems like they're doing everything in their power to
• 20:10
  stop Bitcoin adoption. So are we going to see this
• 20:13
  happen? Who knows.
• 20:14
  But I do agree with Jack on on that point.
• 20:16
  If they want to stay competitive, and they are really
• 20:20
  the most incentivized to do this, considering that countries
• 20:23
  around the world are looking at treasuries and bonds as very
• 20:26
  skeptical. We're seeing the BRICS nations
• 20:28
  drop them like no one wants to hold U.S. debt anymore.
• 20:31
  And now, well, they don't have to.
• 20:33
  We have Bitcoin. And as much as I do agree with
• 20:36
  Jack on the idea that once, you know, BlackRock came into
• 20:39
  Bitcoin, it it legitimizes space.
• 20:41
  If the US government cuts into Bitcoin, it validates all our
• 20:44
  thesis. I'm kind of, you know, a
• 20:47
  Contrand. And it's like we don't need
• 20:48
  their validation. But to the normies out there, it
• 20:51
  would be one of those eye opening moments where it's like,
• 20:54
  oh, well, hey, the US government's buying Bitcoin.
• 20:56
  Maybe I need to buy some Bitcoin.
• 20:58
  Like maybe you do need to buy some Bitcoin.
• 21:00
  Anyways, Rick, I see you shaking in your head, nodding along.
• 21:03
  So what's your thoughts on Jack Mahler's clip right there?
• 21:06
  I personally think the US government doesn't give a shit
• 21:09
  about how much debt it has or how it ever is going to pay it
• 21:13
  back. I think they're just going to
• 21:14
  run the printer forever. Yes, they might have Bitcoin on
• 21:18
  their balance sheet. Maybe.
• 21:19
  I'm not a doomer or a gloomer. I'm just, I just think
• 21:21
  personally, I'm being realistic. The government has never cared
• 21:25
  about debt after 71. You look back at the graph, it's
• 21:29
  only just going up exponentially.
• 21:31
  I don't think they care if they hit 36 trillion this year or 40
• 21:34
  trillion next year. They, they really don't care
• 21:36
  about debt. They'll just keep printing and
• 21:38
  doing whatever the hell they want.
• 21:40
  Something eventually is probably going to crack and then might.
• 21:42
  We might see a change, but I just don't see the US government
• 21:46
  ever caring about how much debt it has.
• 21:50
  I mean, I mean, you're totally right.
• 21:51
  Like they get all their power from the debt and they're
• 21:54
  incentivized, especially in the Fiat system to just keep
• 21:57
  printing. We all know that the best
• 21:59
  strategy in the Fiat traditional world is take out as much debt
• 22:02
  as possible, leverage that, put it in the assets.
• 22:05
  And I think the only problem here is like the US government,
• 22:08
  you know, like how much money do they have in actual hard assets?
• 22:11
  And I think that is, you know, the rub here is because, as you
• 22:15
  just said, if something does blow up, you know, they can keep
• 22:20
  printing money forever. But if it blows up, that's when
• 22:23
  they're really going to get stuck in a hard place.
• 22:24
  But I think you might be right. I don't think they care.
• 22:27
  I, I don't think they're, they, they really are worried about
• 22:30
  the debt. They're just going to continue
• 22:32
  to inject as much liquidity into the system as possible until
• 22:36
  eventually it gets to a point where everyone's like, you know
• 22:38
  what, I'm fed up with the US debt.
• 22:40
  I'm dropping it. We're seeing beginnings of this,
• 22:42
  You know, we're seeing the talks in the BRICS nations right now.
• 22:44
  So we're seeing, I think we're in the early endings of this.
• 22:47
  But hey, man, once they turn on the money printer to buy
• 22:50
  Bitcoin, like, Oh my God, we're not just number go up Maxis
• 22:53
  here. But that would mean number was
• 22:56
  going to go up at like literally Omega candles coming soon times
• 22:59
  10. That would be a glorious day,
• 23:02
  though. It would make us feel a little
• 23:03
  icky, you know, like it'd make us feel a little weird on that
• 23:07
  point. But anyways, Brandon, what's
• 23:08
  your thoughts on Jack Maulers? Yeah, I, I could agree more.
• 23:13
  I think that the next thing is that, you know, one of these
• 23:16
  countries, AG 7 country maybe or AG 20 country, or, or it could
• 23:19
  be a bricks country. I mean, someone that it has,
• 23:22
  I'll call it unlimited resources in the sense of either a
• 23:25
  currency printer or just natural resources where they can really
• 23:28
  start going down the rabbit hole of this.
• 23:30
  So I think that is it's going to happen.
• 23:32
  It's weird because you guys might have touched on this
• 23:34
  earlier, but again, it's, it's, it's going to happen sooner than
• 23:37
  we think, but also longer than it, it probably should type of
• 23:40
  thing where it's the the whole, what's the saying of like, you
• 23:44
  know, everything, you know, happens in a decade or, you
• 23:47
  know, happens at what we just experienced a decade and a day
• 23:49
  type of thing that that's going to happen.
• 23:51
  I mean, you look at like, I think it was Dante the other day
• 23:53
  right here, you know, with Bitcoin simply right on the
• 23:55
  channel and, and talking about Putin.
• 23:58
  And I mean, that was if no one saw what he had said, like his
• 24:01
  quote, Holy cow. I mean, that was maybe one of
• 24:04
  the strongest statements I've seen from from Putin maybe ever.
• 24:07
  Basically just saying the, you know, the dollar is a complete
• 24:09
  fake and we're going to take it out in essence, Long story
• 24:13
  short. So, you know, people, the
• 24:15
  confidence made me think of some of you guys were talking about
• 24:17
  too, with like the, you know, the bond market, everything.
• 24:19
  That's all confidence as well, right?
• 24:21
  The if the legal system, I mean, people look at America and the
• 24:24
  confidence in the dollar is many things.
• 24:26
  It's not just, oh, they're printing it, it's also the legal
• 24:28
  system. It's also the people that are
• 24:30
  there. We've had a brain drain here in
• 24:32
  America. I've, I've seen it here, growing
• 24:33
  up in Michigan, we saw over the last 50 years people leaving the
• 24:36
  city of Detroit, who was once, you know, the 50s, sixties,
• 24:39
  70's, the the richest, wealthiest, biggest city in the
• 24:42
  world. And, and then it just drained
• 24:44
  out, right? The people started leaving.
• 24:45
  They're like, whoa, what is going on?
• 24:46
  Because the legal system started getting out of whack and, and
• 24:49
  then and homelessness and, you know, all these drugs being
• 24:52
  implemented in the city, you feel like all these crazy things
• 24:55
  were happening because of terrible leadership.
• 24:57
  Well, people leave. That happens at a country level,
• 24:59
  not just a city level. And that's something that no one
• 25:01
  talks about. And people around the world look
• 25:03
  at that and they say, Hey, all you're smart people are leaving,
• 25:05
  they either leaving states or leaving the country.
• 25:08
  And your legal system's a mess. And you're, you're just
• 25:11
  attacking people politically. Why would I want to buy your
• 25:14
  bond, right? Why would I want to hold your
• 25:16
  dollar? And that's what the rest of the
• 25:18
  world is, is seeing to a degree, But it still might take five
• 25:21
  years, 10 years, 15 years, right?
• 25:22
  And it coincides guys, with the hippie bubble and changing
• 25:24
  demographics. So Jack is, you know, at the end
• 25:27
  of the day, I could talk for hours about this topic just
• 25:29
  because it is the true macro picture.
• 25:30
  But you know, Jack is I think it's spot on.
• 25:33
  It's going to it's going to happen at the USA is going to be
• 25:35
  up there because we're going to have a real change in, in
• 25:38
  leadership in the next, call it eight years, 12 years.
• 25:40
  And we're going to have people starting to do what what should
• 25:42
  be done. Yeah.
• 25:44
  I mean, sorry. Yeah, You want to do the black
• 25:47
  pill version, Rick? I'll try not to.
• 25:50
  Like I said, I'm not a doomer. I'm just trying to be a realist,
• 25:52
  man, It's crazy. Yeah, no, 100%.
• 25:55
  Always. Literally they don't care within
• 25:56
  that. Yeah, they don't.
• 25:57
  Care, they don't care until they they're going to care.
• 25:59
  Right. Like we've kicked the can down
• 26:00
  the road for how how you know, 50 years and really called 100
• 26:03
  years in a way, or 110 years since the Federal Reserve.
• 26:06
  But at some point the the chick, you know, the last 50 years the
• 26:11
  crash has happened. The WTF happened in 1971.
• 26:15
  People did we use it as a meme? But that really has been the and
• 26:18
  we talked about a couple weeks ago when I was Co hosting as
• 26:21
  well. And that's been the crash like
• 26:24
  that. We've gone through a crash.
• 26:26
  We might go through an even more violent one, a really quick
• 26:29
  violent one potentially, but we've been through the crash.
• 26:31
  I mean, again, we look at the the amount of families that are
• 26:33
  broken apart. We have all, you know, we have
• 26:36
  no farmers and but we have all kinds of hospital
• 26:38
  administrators. We have all kinds of lawyers.
• 26:40
  Now we have all kinds of people that aren't productive in the
• 26:43
  oh, sorry, after you talking. No.
• 26:46
  No, no, you're, you're good. Keep going, keep going.
• 26:48
  We're trolling Rick in in the chat right now.
• 26:52
  All right, good. So anyway, that I think that's
• 26:54
  important to note, though, is that it's we've been through
• 26:57
  this crash. But the demographics, Rick, to
• 26:59
  your point, I'm white pilled in the sense of the demographics is
• 27:02
  destiny at the end of the day and the demographics changing is
• 27:05
  what is going to usher in. What do they say?
• 27:07
  Science progresses one funeral at a time.
• 27:09
  You know, things are very slow because the the the hippie class
• 27:12
  runs the entire world, right. So and the hell yeah, I didn't
• 27:16
  make that up. Don't come at me.
• 27:18
  But it it does. I mean, adoption of these
• 27:20
  things, progress one funeral at a time, it's life, right?
• 27:22
  That's life cycle. That's how life works.
• 27:24
  And the younger generations are sitting there seeing how much
• 27:27
  they've been screwed over, whether it's, you know, it's not
• 27:29
  one person's fault, right? But seeing what's happening,
• 27:32
  that change is coming in in in short order, and it's going to
• 27:35
  be massive over the next decade. Yeah, I know, Brandon.
• 27:39
  Well, first of all, I, I haven't heard that quote.
• 27:41
  I, I really like it. It's a, it's a very strong
• 27:44
  quote, but, you know, I, I love shocking quotes like that.
• 27:48
  But one thing that you did mention, and I, I find it very
• 27:51
  interesting as well, that few people understand that the
• 27:55
  reason the system is going the way it's going is because people
• 27:58
  still trust in the institution. People still trust in the
• 28:00
  legitimacy of the system. And like, who knows how long
• 28:04
  that trust can continue to be built and sustained because hey,
• 28:08
  look, you know, not trying to be a a doomer here and being super
• 28:11
  black pilled, but it really blows my mind how many people,
• 28:16
  the majority of people, I would argue, fundamentally believe in
• 28:19
  the legitimacy of the system. And all of us Bitcoiners are
• 28:22
  just calling their bluff out here.
• 28:23
  So like, we don't know how long that can maintain, but we do
• 28:27
  know that when that shift happens, when that trust is
• 28:30
  lost, like this can change overnight.
• 28:32
  We've seen this play out. Say, you know, in the 80s during
• 28:35
  the Cold War, everyone thought that, you know, Soviet Russia
• 28:38
  was going to be there for a long, a long time.
• 28:39
  And literally pretty much overnight, it crumbled.
• 28:42
  And I think this is where we are right now in America, where
• 28:46
  look, personally, I love America.
• 28:48
  I love where I live. I want it to continue to be a
• 28:50
  world superpower. But it's looking like that is
• 28:55
  fundamentally changing right now.
• 28:57
  And who knows how quickly that trust is going to be lost,
• 29:01
  especially right now. It seems it seems more divided
• 29:03
  than ever. And it's all based on people
• 29:06
  waking up and not trusting the system.
• 29:08
  And part of that is because they just continue to print more
• 29:10
  money. We're all broker than ever.
• 29:12
  It seems like the unproductive class out there, you know, the
• 29:15
  administrative class is just totally detached from reality.
• 29:18
  They don't care what the citizens are doing.
• 29:20
  And people are fighting back or at the very least waking up and
• 29:24
  realizing, wait, is everything a scam?
• 29:26
  Is the whole world a scam right now?
• 29:28
  Is this whole everything happening in Washington, DC a
• 29:31
  scam? And I'm, and I'm the sucker
• 29:33
  here. Like why am I holding U.S.
• 29:35
  government debt right now when they can literally print this to
• 29:39
  to obscenity like it can go to Infinity.
• 29:40
  That's why the canute spawn hole meme is so hard.
• 29:44
  Everything divided by 21 million.
• 29:46
  This is why Bitcoin is going to go up.
• 29:48
  This is why we think Bitcoin is freedom money because you need
• 29:50
  to protect yourself and save something that cannot be
• 29:53
  debased. It all comes back to owning
• 29:55
  property that will maintain its value through, you know, the
• 29:59
  next digital decade or two. And we're in that transition
• 30:03
  right now. And it just amazes me how few
• 30:05
  people see the writing on the wall.
• 30:07
  And we're the crazy ones. You know, Rick's been in Bitcoin
• 30:10
  as long, if not longer than I am.
• 30:11
  And we're still considered the the crazy guys here.
• 30:14
  Well, if you talk to normies, we're like, you're a bitcoiner.
• 30:17
  You're stupid. And you're like, like, OK, hold
• 30:20
  up. Like, do you understand what is
• 30:22
  going on right now? Do you understand the stakes
• 30:24
  that we're currently diving through?
• 30:26
  And most people are completely oblivious.
• 30:28
  So it's it's men. It's crazy.
• 30:30
  Yeah, I think it's definitely important to keep morale up.
• 30:33
  The the the government and the whole entire system is just
• 30:36
  trying to beat people down, keep you divided, keep you separated,
• 30:39
  keep your morale down. Like there's no hope.
• 30:41
  America for me is the greatest country on the planet.
• 30:44
  Yes, it's in a whole bunch of a mess right now, but I still
• 30:47
  believe in what the American values are.
• 30:49
  You look down at what happened in North Carolina and shit in
• 30:52
  the actual like American spirit that happened.
• 30:55
  That's what gives me hope. Bitcoin is the only thing that
• 30:58
  also brings me hope into the world in the future that we can
• 31:01
  actually have a money that allows corruption to get erased.
• 31:05
  So the American spirit is live. It's thriving.
• 31:09
  Doom and gloom is out there. I still believe in America.
• 31:11
  I still believe in Bitcoin. Don't let the fucking government
• 31:14
  take you down. They want your morale down.
• 31:16
  That's how they win. Don't let it happen.
• 31:19
  Hold on, hold on. Get cold.
• 31:23
  Motherfucking fuck. I haven't used that soundboard
• 31:25
  in a minute. Let's go, Rick.
• 31:26
  Absolutely agree, guys. This is why optimism is a way of
• 31:30
  life, guys. We will win in the end.
• 31:32
  It doesn't mean there isn't hard work to do, but optimism is the
• 31:36
  way to win. This is how we do it.
• 31:39
  There's a lot of work to be done, but we're going to win.
• 31:41
  The good guys win in the end. It's biblical at this all right,
• 31:43
  guys, let's get into the news story because we do have a very
• 31:46
  interesting news story and you guys know our show it's simply
• 31:49
  Bitcoin. We're Bitcoin only we haven't
• 31:51
  really talked about shit coins on this show for a long, long
• 31:55
  time. But I couldn't help myself on
• 31:58
  today's story and we have we have to dive into this story,
• 32:01
  which is just it's it's it's literally mind blowing right
• 32:04
  now. You guys are going to you guys
• 32:05
  are going to be like what WTF what is going on here?
• 32:08
  But hey, I'm conflicted on this story.
• 32:11
  So I, I was talking to my friend about it and it's like like,
• 32:13
  wait, were they doing something good here?
• 32:15
  Like anyways, let's get into this.
• 32:17
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  for Christmas so I can get them them on the simplest hardware
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  wallet to use. It is grandma friendly.
• 34:34
  Anyways, let's get into this news story.
• 34:38
  So again, here let me let me do a little PSA guys before we get
• 34:41
  into this. The reason I really wanted to
• 34:44
  bring this on is because we constantly harp on Bitcoin only,
• 34:48
  that Bitcoin only is the way to go.
• 34:51
  That all shit coins are scams. They're all affinity scams to
• 34:54
  get your Bitcoin and they're all pump and dumps and the markets
• 34:59
  in in shit coin land are all manipulated.
• 35:01
  And if you really just want to hold something long term, you
• 35:06
  need to save in Bitcoin. And on that note, I know a lot
• 35:11
  of people on Bitcoin and Twitter are always like, ah, dude,
• 35:13
  you're a fed. There's feds everywhere here.
• 35:15
  They're infiltrating the market. Well, guess what guys?
• 35:18
  We have a literal example of this happening in the shit coin
• 35:21
  space. So I'm over here on Gizmodo.
• 35:24
  Here's the headline. FBI created a crypto token to
• 35:28
  bait, pump and dump scammers. You heard this correctly.
• 35:32
  The FBI created a shit coin to quote UN quote, but bait, pump
• 35:36
  and dump scammers. This is why I was saying like,
• 35:39
  wait, I'm conflicted here. The FBI created a shit coin.
• 35:43
  Like are you serious? But they did it to catch
• 35:46
  scammers in the market. Are they protecting them?
• 35:49
  Like what? What is going on here?
• 35:50
  Anyway, let's look at this press release.
• 35:52
  I'm over here on justice.gov and here's the press release for
• 35:57
  this article I'm going to read a little bit on this because I it
• 36:00
  makes a lot of good points that we constantly talk about here
• 36:03
  and it's coming from the FBI and again, I'm not here to be like
• 36:07
  FBI are good guys because they said it.
• 36:09
  I'm I'm just it's just incredible story here all right
• 36:12
  so again on justice.gov, here's the headline 18 individuals and
• 36:16
  entities charged in international operation
• 36:19
  targeting widespread fraud and manipulation in the
• 36:22
  cryptocurrency markets. So the first ever criminal
• 36:25
  charges against financial services firms for market
• 36:28
  manipulation and quote UN quote wash trading in the
• 36:31
  cryptocurrency industry. 18 individuals and entities have
• 36:34
  been charged for widespread fraud and manipulation in the
• 36:37
  cryptocurrency markets. Charges were unsealed in Boston
• 36:41
  against the leaders of four crypto companies for crypto
• 36:43
  financial services firm nor known as market makers and
• 36:47
  employees of those firms. These, you know, 4 defendants
• 36:51
  have pleaded guilty, another defendant has agreed to plead
• 36:54
  guilty, and authorities apprehended three other
• 36:56
  defendants in Texas, the UK and Portugal this week.
• 36:59
  More than $25 million in crypto has been seized and multiple
• 37:03
  trading bots responsible for millions of dollars worth of
• 37:05
  wash trade for approximately 60 different cryptos have been
• 37:09
  deactivated. According to the charging
• 37:12
  documents, the defendants who created crypto companies made
• 37:15
  false statements about their cryptos, their tokens and and
• 37:18
  this is what we tell you guys constantly and executed sham
• 37:21
  trades in those tokens AKA wash trades to create the appearance
• 37:25
  of trading activity that would make the tokens look like good
• 37:28
  investments. These deceptive tactics
• 37:30
  allegedly attracted new investors and purchasers which
• 37:33
  resulted in an increase in the tokens training price.
• 37:36
  The defendants are then alleged to have sold their tokens at the
• 37:39
  artificially inflation inflated price of a fraud commonly known
• 37:43
  as pump and dump. The largest of these crypto
• 37:45
  companies, Saitama, at one point had a multi billion dollar
• 37:49
  market value. The crypto companies also
• 37:52
  allegedly hired financial services firms AKA market makers
• 37:56
  to watch trade their tokens in exchange for payment.
• 37:58
  As one market maker defendant who has agreed to plead guilty
• 38:01
  describe the practice to a prospective client.
• 38:04
  The objective on the secondary markets is to find other buyers
• 38:07
  from the community, people you don't know about or don't care
• 38:10
  about because we have to make the other buyers lose money in
• 38:13
  order to make profit. And quote 3 market makers
• 38:17
  Quaint, CLS Global and Mytrade, along with their employees are
• 38:21
  charged with allegedly wash trading and or conspiring to
• 38:24
  wash trade on behalf behalf of Next Fund, AIA crypto company
• 38:28
  and token created at the direction of law enforcement as
• 38:32
  part of the government's investigation.
• 38:34
  A fourth market maker Got Bit its CEO and two of its directors
• 38:37
  are also charged for perpetuating a similar scheme.
• 38:41
  And here's a pretty good quote. Specifics regarding the
• 38:43
  defendants and conduct are detailed in attachment A below.
• 38:46
  This investigation, the first of its kind, identified numerous
• 38:49
  fraudsters in the cryptocurrency.
• 38:51
  I would I would put a caveat the shit coin industry wash trading
• 38:55
  has long been outlined in the financial markets and crypto is
• 38:58
  no exception. These are cases where an
• 39:00
  innovative technology crypto met a century old scheme, the pump
• 39:03
  and dump. The message today is if you make
• 39:06
  false statements to trick investors, that's fraud period.
• 39:09
  Our office will aggressively pursue fraud, including in the
• 39:13
  shit coin industry or rather crypto industry.
• 39:16
  These charges are also a stark reminder of how vigilant online
• 39:19
  investors must be and doing your homework before diving into the
• 39:22
  digital frontier is critical. People consider making
• 39:25
  investments in crypto industry should understand how these
• 39:27
  scams work so that they can protect themselves.
• 39:29
  And last quote here guys with the FBI uncovered in this case
• 39:32
  is essentially a new twist to old school financial crime.
• 39:35
  Operation Token mirrors targeted nefarious token developers,
• 39:39
  promoters and market makers in the crypto space.
• 39:42
  What we uncovered has resulted in charges against the
• 39:44
  leadership of four crypto companies for crypto market
• 39:47
  makers and their employees who are accused of the spearheading
• 39:50
  a sophisticated trading scheme that allegedly built honest
• 39:54
  investors out of millions of dollars.
• 39:56
  The FBI took the unprecedented step of creating its very own
• 40:00
  crypto token and company to identify, disrupt and bring
• 40:04
  these alleged frost trotser to justice.
• 40:07
  Very interesting. They also put out this
• 40:10
  attachment here that, you know, they're seeking information in
• 40:12
  the crypto investment fraud investigation and basically this
• 40:16
  quote right here. If you bought or sold any of
• 40:18
  these cryptos reference above or otherwise believe that you have
• 40:21
  been impacted by the alleged conduct, please fill out this
• 40:23
  form. It sounds like the FBI scammed
• 40:27
  honest investors out here by trying to catch, you know, fraud
• 40:31
  and market manipulators in the industry, which is just I can't
• 40:35
  tell if it's hilarious or just outright nefarious at this
• 40:39
  point, but This is why we tell you guys just buy Bitcoin, snap
• 40:43
  Bitcoin and hold it for the long term.
• 40:44
  So again, these charges allege that these individuals and
• 40:47
  companies promoted the following cryptos in particular through
• 40:50
  one or more fraudulent tactics. Saitama, Saita Realty and Saita
• 40:54
  Chain Robo, Enu, VZZN, Lillian Finance and Next Fund AI, which
• 41:00
  was literally created by the FBI.
• 41:03
  And while all this came out, you know, here's the the TLDR guys.
• 41:07
  Basically it's just this is insane.
• 41:09
  The FBI created their own coin called the next fund AI token
• 41:13
  and enlisted the services of the firm indicted to catch them
• 41:16
  creating a pump and dump coin to catch pump and dumpers.
• 41:20
  I, I can't tell this is just absolutely hilarious or just
• 41:24
  ridiculous at this point, but you know, it's a token created
• 41:28
  by FBI operated on the Ethereum blockchain and a security.
• 41:33
  And then the last interesting point of this before I pass this
• 41:36
  over to Rick is I'm not sure this is by Jay Connor Grogan on
• 41:41
  Twitter, because I'm not sure if the FBI realized this, but they
• 41:44
  doxed their wallets shortly after deployment.
• 41:47
  The wallet, that FBI wallet deployed capital to multiple
• 41:51
  other wallets making dozens of trades.
• 41:53
  FBI wallets own at least 75% of the token supply from what I can
• 41:57
  tell and for what I can tell, FBI link wallets have recently
• 42:01
  deposited to token lawn, Binance, Zizipay and HTX.
• 42:05
  And here's part of their portfolio.
• 42:07
  If you want to copy their trade, don't copy their trade.
• 42:10
  The FBI is long ETH. You can see it's what, 38 K and
• 42:14
  ETH wrapped ETH about, you know, $700.00 some apparently USD
• 42:18
  treasure and US DC coins. So some stable coins and some
• 42:22
  shit coins. So I guess maybe the silver
• 42:25
  lining is that the FBI docks their wallets here.
• 42:29
  But we've been saying this for a long time, don't buy shit coins.
• 42:34
  Not only because now we know the FBI is literally creating fed
• 42:38
  coins out there besides stable coins, but they're trying to
• 42:41
  catch pump and dumpers and in the process they're racking
• 42:44
  retail investment with a pump and dump.
• 42:46
  Like you can't make this stuff up here.
• 42:48
  It's absolutely insane. Again, the the irony isn't lost
• 42:53
  on me. On the one hand I I don't mean
• 42:55
  to be callous here but it is kind of funny that the FBI
• 42:59
  created a shit coin and on the other hand like they did it to
• 43:03
  protect investors but at the same point wrecked investors and
• 43:07
  they need you to reach out to them if you get wrecked.
• 43:09
  Like it's just absolutely insane and ridiculous.
• 43:12
  This is why we tell you don't play stupid games so you don't
• 43:16
  win stupid prizes. Just stack Bitcoin, huddle
• 43:19
  Bitcoin, take it in the cold storage and hold it for the long
• 43:22
  term. Do not buy shit coins.
• 43:25
  Absolutely incredible. A real throwback to a daily fail
• 43:28
  here on the show. Don't buy shit coins, period.
• 43:31
  Anyways, Rick, what's your thoughts on this?
• 43:34
  Are you surprised? What?
• 43:36
  What is going through your head? You know the worst fucking part
• 43:39
  about all this is the feds are probably going to make sure you
• 43:42
  pay your taxes on all those trades.
• 43:45
  Not only do they scam the fucking people, they're also
• 43:48
  going to now dot make you dox your addresses that you've used
• 43:52
  and make sure that you've paid your fucking taxes to the IRS on
• 43:55
  all this fucking shit. I hate shit coiner scammers, but
• 43:59
  I hate the AB CS 10 times more and this is just another example
• 44:04
  of their bullshit. It pisses me off beyond, beyond
• 44:09
  belief because you know they're going to fucking ask for taxes
• 44:11
  on all this shit. I I can't.
• 44:14
  Yeah, and and also like I think I also I think another smoking
• 44:19
  gun which people right here BTC believer kind of just did like
• 44:22
  how many other shit coins have they created to, you know,
• 44:25
  protect investors or rather scam investors out there?
• 44:29
  You know, maybe maybe the biggest shit coin in the room,
• 44:31
  you know, the mother asshole that all shit coins come out of.
• 44:33
  Maybe that is also an OP that, you know, only Bitcoiners are
• 44:37
  calling out. Maybe it's only like there's one
• 44:40
  crypto out of there that is the only thing that you we should be
• 44:43
  buying, the only thing that is safe from this type of
• 44:45
  shenanigans, AKA simply Bitcoin. Like, come on, guys.
• 44:50
  It Yeah, like Rick said it best like it it should piss you off.
• 44:54
  And it's also just absolutely ridiculous.
• 44:56
  Like what in the world is going on out here?
• 44:59
  Anyways, Brandon, what's your thoughts on this before we move
• 45:01
  on into the culture? Yeah, I mean simply it's we go
• 45:05
  back to the the full story and just I've been diving into it
• 45:09
  again. I was telling you guys offline
• 45:11
  and just you know, their story is a story that all of us need
• 45:14
  to remember in the sense of just stacking sats, right.
• 45:17
  This is why you don't shit coin. This is why you don't go lurking
• 45:21
  around these corners. You, you find the truth and you
• 45:23
  stick with it. It's much easier to live with
• 45:25
  the truth and to operate on the truth than it is to be, you
• 45:28
  know, remembering all your lies and trying to claw them all
• 45:31
  back. And this is, you know, it's,
• 45:33
  it's, it's why fool got into the business of just stacking SAS,
• 45:36
  right? That helped their customers
• 45:37
  doing it. And they're like, shit, this is
• 45:38
  amazing. Like all of our customers are
• 45:40
  getting wealthier and wealthier of the last five years.
• 45:41
  Maybe we should do that too. So they started doing that too.
• 45:44
  That happens at a personal level, a company level, and a
• 45:46
  sovereign level. And everyone will keep realizing
• 45:48
  that because these are the games, like you said, play
• 45:50
  stupid games, you get stupid prizes.
• 45:52
  And this is just Idiocracy playing out.
• 45:54
  It's the end of the road like we've been talking about.
• 45:56
  And people are just out there trying to, you know, sometimes
• 45:59
  through an old fault of their own, right?
• 46:01
  We've been forced down these these rabbit holes to try to
• 46:03
  find extra return, find some alpha or whatever it is just to
• 46:07
  to live, you know. And and so this is this is that
• 46:11
  that thing where yeah, it's just it's comedy.
• 46:12
  Like it pisses you off and it's comedy at the same time.
• 46:14
  You don't know where, where to kind of term because it is, it
• 46:17
  is, you know, government creating this, this, this scam
• 46:21
  coin to, to scam people and then to then in turn find scammers.
• 46:25
  I just, it makes no sense. And it's, it just makes you
• 46:28
  pissed and, and, you know, cry and laugh all at the same time.
• 46:31
  But this is the important, This is why it is important not to
• 46:34
  you for you to share these stories once in a while to just
• 46:36
  remember, Hey, this, you know, remember the full story in the
• 46:39
  sense of will talking about this over the last year or so.
• 46:41
  He has these stories of, Hey, all these great customers in the
• 46:44
  company, what we're doing and seeing your purchasing power go
• 46:47
  up on time. And then you kind of juxtapose
• 46:49
  it with, Hey, if you go in this scam world, this is what's
• 46:51
  happening. You know, you have to, you have
• 46:52
  to somehow have, you know, be a quant and, and have this
• 46:56
  algorithmic trading and and then know the people that do, you
• 46:58
  know, it's like, what, what world do you want to live in?
• 47:00
  You know, that you want to live in this world of truth where you
• 47:02
  can just go to work and stack stats and be with your family
• 47:05
  and touch grass and be outside. Or do you want to be over here,
• 47:08
  you know, scamming and lying and doing all these ridiculous
• 47:11
  things just to try to scam others out of there, right?
• 47:14
  I mean, it's really that simple at the end of the day.
• 47:17
  Totally, totally shout out the Roman in the chat.
• 47:20
  It's common. It brings a whole new angle to
• 47:22
  everybody is a scammer. This is like exactly what I was
• 47:26
  saying in the new in the the numbers portion where like once
• 47:30
  everyone wakes up to the fact that the quote UN quote
• 47:33
  legitimate institutions out here are the biggest scammers and
• 47:36
  criminals in the world. Like that's when the that's when
• 47:38
  the trust in the system collapses.
• 47:40
  And just, it's, I really feel callous right now because,
• 47:44
  because I'm like laughing about it, but it's just like, man,
• 47:46
  being a big that's been in this since 2017.
• 47:49
  You know, we've we've been, we've been speculating on this
• 47:52
  and, and hearing rumors about this.
• 47:54
  But now that we see this is actually the case that like,
• 47:57
  yeah, we're going to make a shit coin pump and dump to protect
• 48:01
  the investors from pump and dumping.
• 48:03
  And yet people are going to get caught up in it.
• 48:06
  But again, it also does expose kind of the psychology behind
• 48:09
  shit coins out there. And This is why it it's a lose,
• 48:13
  lose situation for the average person on the street.
• 48:16
  Like, yeah, you know, if you look at the markets out there,
• 48:18
  you look at a, you know, shit coin exchange, everything might
• 48:21
  be green, but you never know when the rug pool is coming.
• 48:25
  And personally, I don't want to be gambling in a shit coin
• 48:28
  casino. I just want to hold hard assets.
• 48:30
  I want to hold the best money in the world.
• 48:31
  I want to hold something that won't debase my value, that
• 48:34
  isn't stealing my time and energy.
• 48:36
  I just wanted to sit there and grow over time.
• 48:38
  And This is why. Just keep it simple to stack
• 48:41
  stabs and stay humble. It's it's literally the best
• 48:44
  way. Guys.
• 48:44
  This is the only actually at this point, this is the only way
• 48:47
  because now we have examples of literally FBI creating shit
• 48:51
  clones. Anyways, ANYWAYS, I'm sure we
• 48:53
  could rant about this for a minute, but I do want to talk
• 48:55
  with Rick about 3D printing because I absolutely love 3D
• 48:59
  printing. And he was, you know, he was
• 49:01
  hipping me to some of the new 3D printing machines, which, you
• 49:04
  know, I might have to go cop one now.
• 49:05
  I might have to go buy one now. All right, let's go.
• 49:08
  Let's get in the culture, boys, all righty then boys and girls,
• 49:22
  make sure you go to orangepop.com stack friends who
• 49:25
  stacks that as we are covering and been covering on the show,
• 49:30
  Bitcoiners and Bitcoin is going to take over the world and you
• 49:34
  want to ensure that you have like minded individuals around
• 49:37
  you, because this is how we win. I I I see this trend a lot where
• 49:41
  yes us bitcoiners are communicating on the Internet,
• 49:44
  but there's a fundamental difference when you interact
• 49:47
  with people in meat space. You can build these
• 49:49
  relationships. You literally build a new
• 49:51
  family. As far as I'm concerned.
• 49:52
  Some of my best friends are bit corners that I've met on the
• 49:55
  Internet and put them in meat space, and I know now that I'm
• 50:00
  never going to live a day without them.
• 50:02
  So if you're the sole Bitcoiner in your community, if you're the
• 50:05
  crazy bitcoiner, none of your family listens to your Bitcoin
• 50:08
  rant, get on Orange Pelap, see if there's other Bitcoiners in
• 50:10
  the area, Maybe start an event, See what you can do on the
• 50:13
  grassroots community level. Go to orangepelap.com.
• 50:17
  Stack friends who stacks stats. All right, let's get into this.
• 50:20
  So let's do a little little TLDR here, Rick 'cause I know you,
• 50:26
  you've been in the Bitcoin space basically since I got in the
• 50:28
  Bitcoin space, but you're telling me you've been, you've
• 50:31
  been, you know, unplugging and touching grass and hanging out
• 50:33
  with the fam. So let's do a little TLDR. What
• 50:36
  is Crypto Cloaks and why did you create it?
• 50:39
  Yeah, So it Crypto Cloaks is a 3D printing and design company
• 50:44
  started about seven years ago back in 2017 used to be an
• 50:48
  industrial engineer for Jennie O Turkey, killing 35,000 turkeys a
• 50:51
  day and getting covered in blood and shit every day.
• 50:54
  And I got sick of that. And as I worked there for seven
• 50:57
  years, I built up Crypto Cloaks working 5 of it on the side
• 51:02
  until I finally told the wife, hey, I, I think I can do this
• 51:06
  full time. Are are we going to take it?
• 51:08
  Take the shot? And she's like, yeah, let's
• 51:10
  fucking do it. Why not?
• 51:11
  We have nothing to lose. So then I got to quit Jenny O
• 51:13
  Turkey, the corporate world, work for myself.
• 51:15
  And now I've been running Crypto Cloaks for almost three years
• 51:18
  full time and I am loving every minute of it.
• 51:22
  I love it bro this is wait before before I pull up like
• 51:25
  some of the stuff that you print.
• 51:27
  This is one of the things that I've noticed as well is like
• 51:31
  once you start stacking Bitcoin enough, it really changes your
• 51:34
  mind from just like an employee or consumer to a producer and an
• 51:38
  entrepreneur. Not everyone is an entrepreneur.
• 51:41
  Not everyone's built out to be an entrepreneur.
• 51:43
  But once you start saving in Bitcoin, it does fundamentally
• 51:46
  rewire your brain And you're like, wait, like, what do I want
• 51:49
  to do with my money? Like what do I want to do with
• 51:51
  my life now that I have a stack and I've escaped the rat race?
• 51:54
  Maybe there's some cool shit that I can do.
• 51:56
  Maybe I, you know, can create something dope and provide more
• 52:00
  value into the world. And you know, it's just so
• 52:02
  interesting that you can just basically turn a hobby into a
• 52:07
  Bitcoin company that you were just telling me is now global.
• 52:10
  Like I remember you had like what, like 10 printers and now
• 52:14
  you're telling me you've got like 30 of them.
• 52:16
  So just it's man, it's so awesome to see Rick.
• 52:19
  I would say don't even wait till you have a stack, build it up on
• 52:22
  the side. That's what I did.
• 52:24
  I didn't even have a stack before I started the company or
• 52:27
  did the full thing. It's just build up something
• 52:29
  you're truly passionate about on the side in Bitcoin and it will
• 52:32
  reward you 10 times. Totally, dude, 100%.
• 52:36
  All right, Let's look into some of the stuff you guys you create
• 52:39
  on the website. Actually, actually, how about
• 52:42
  let me, let me, let me rewind a little bit, let me rewind this a
• 52:45
  little bit, Rick. Yes.
• 52:49
  Let's do a TODR show for why everyone should have a 3D
• 52:54
  printer, because I know, I know, you were telling us before the
• 52:57
  show what you think is the importance of people having a 3D
• 53:01
  printer. Yeah, there's two things that I
• 53:03
  always tell people is you should have Bitcoin and the second is
• 53:06
  every Bitcoin or should have a 3D printer because it's self
• 53:09
  sovereignty on a whole different level.
• 53:12
  The the things you can print are endless.
• 53:15
  If you have an imagination, you can create anything you want,
• 53:18
  print anything you want. If you break something at your
• 53:20
  home and you need to print a replacement part, there's
• 53:23
  opportunities. If you want to do the gun route,
• 53:26
  you can 3D print your own guns and I've done tons of those
• 53:29
  before Colorado became a commie state and made me get rid of
• 53:32
  them all. So I would say 3D printing is
• 53:37
  self sovereignty to a whole different level and it goes
• 53:39
  perfectly with Bitcoin. You have the the money self
• 53:42
  sovereignty and now you have the aspect where you can create and
• 53:45
  design anything you want. There's billions of files out
• 53:48
  there. You if you think of something
• 53:49
  that you want to print, you can search on the Internet and you
• 53:52
  can print that file at home on a 3D printer.
• 53:55
  Love it, bro, love it. OK, again, but some advice for
• 53:59
  people out there. If people and, and I literally
• 54:01
  asked you this before the show, if people are looking to buy a
• 54:04
  3D printer, what do you recommend to them?
• 54:07
  I know there's, you know, different price ranges, so maybe
• 54:10
  go on the lower end if they just kind of want to experiment.
• 54:13
  And then what is your recommended 3D printer?
• 54:17
  Yeah, so if you want to even just get started, you can just
• 54:20
  start out still with Creality V twos, Crawley 3V twos.
• 54:24
  They're like $100 on sale. If you just want to get your
• 54:27
  feet wet, see if it if it's even something that interests you, I
• 54:31
  always recommend that you can 3D print parts on your printer to
• 54:35
  make that printer better. So then you can learn a whole
• 54:37
  different aspect on that. If you have a bigger budget, say
• 54:40
  like 5 to $700.00 and you just want pretty much something
• 54:43
  that's print go and you don't really need a tune anything.
• 54:47
  I used to have Prusa MK threes all the time.
• 54:50
  I've slowly swapped to bamboos MK fours came out they're great
• 54:54
  but I'm just a bamboo fan now. I would get AP1P or AP1S and
• 54:59
  that's what I recommend now is the bamboo P1P or P1 S.
• 55:02
  They are super fast, the quality is amazing and you you can't go
• 55:06
  wrong. Yeah, man, I literally asked you
• 55:08
  this before the show cuz I, I bought an Ender 3 like, I don't
• 55:11
  know, 2-3 years ago and I, I think I broke it.
• 55:15
  So I was like, yeah, I, I didn't take care of it well and I'm
• 55:18
  pretty sure I broke it and I couldn't get another print
• 55:20
  going. And so I asked you before the
• 55:21
  show. I'm like, all right, which one
• 55:23
  should I buy? I've heard the Person 10s are
• 55:25
  really good, but they're, they're a little more pricey and
• 55:27
  you're like, get the bamboo and I'm like, OK, this is more in
• 55:31
  the price range. You know, you can get $700.00.
• 55:33
  I I can do that? Like you can get prusa MK fours
• 55:36
  for probably I think they're $1100 pre built or 799 for the
• 55:40
  kit and then you just build it yourself.
• 55:42
  But honestly I would just get a bamboo P1P.
• 55:46
  Yeah, and you guys can see that's that's what he's got
• 55:48
  behind him right there. Oh wrong hand, there we go.
• 55:51
  There is our whole row and then it goes all the way this way on
• 55:54
  another rack and I only have 4 Prusa MK threes now left.
• 55:58
  Let's go. All right, so you get a bamboo
• 56:01
  guys and you can do. Just get a printer in general,
• 56:05
  get a pretty printer and start the rabbit hole.
• 56:07
  It's awesome. It's awesome.
• 56:08
  All right, let's talk about some of this stuff.
• 56:10
  Actually actually let's let's start on this cause Nico did
• 56:14
  kind of sneak peek this on the show.
• 56:18
  So if you're a Crocs maxi out there, you can get some simply
• 56:22
  big. I don't even know what they're
• 56:23
  called. Are these called inlets?
• 56:25
  They're called jibbits technically, but then we used
• 56:28
  that term and Crocs actually did a cease and desist on us and
• 56:31
  like went after us for using jibbits and I was like, Jesus
• 56:34
  Christ. OK, we'll call them Shutoshi's
• 56:36
  then. So it's literally just Croc
• 56:39
  jibbits but with a different name because they'll come after
• 56:41
  you. That's so funny.
• 56:44
  Yeah, gibbets. Not gibbets.
• 56:46
  They're shoot Toshis. They're shoot toshis.
• 56:48
  OK, let's look at some of this other stuff.
• 56:50
  So yeah, guys, go to cryptoclerks.com.
• 56:52
  If you wear Crocs and you like the, you know, stupid little
• 56:54
  things on your shoes, I, I, I wear Crocs and I don't, I don't
• 56:57
  like them, but Nika loves them. He's he's all about it.
• 57:00
  He's. The one that brought them back,
• 57:01
  I mean, we stopped making them for a year and he's like, where
• 57:03
  the hell are they in all caps? And I was like, OK, we'll start
• 57:05
  them over again. So, yeah, so you get a little
• 57:06
  Bitcoin logo, a little SD logo. What else you got in here?
• 57:10
  Nirvana Smiley. Let's go.
• 57:12
  All right, let's talk about some of this other stuff.
• 57:14
  What's actually I was going to say what's your favorite
• 57:16
  product? But I'm guessing it's like being
• 57:18
  a dad and you can't pick your favorite child so.
• 57:23
  Yeah, man, being a being a dad, fucking awesome.
• 57:25
  The latest project, God, I don't even bit.
• 57:28
  X cases are always the hottest thing now, but my favorite
• 57:31
  product is forever is the Bitcoin grenade that is pretty
• 57:36
  much a staple of where we came from.
• 57:39
  What? What really made us into it,
• 57:41
  besides all of our node cases? Oh yeah, there's Max Kaiser's El
• 57:44
  Salvador. Version are you still, are you
• 57:47
  still printing all? Yeah, here we go, custom colors.
• 57:52
  You can fully customize everything.
• 57:54
  Yeah, let's go. That's our go to.
• 57:57
  Let's go, OK, And what do you see, say node cases, Can I pull
• 58:00
  these node cases? Yeah, we do a lot of like mining
• 58:02
  shrouds. One of my favorite projects I
• 58:05
  think we've ever done is the S9 space heaters and we fully open
• 58:08
  sourced all of that. You can print your own case.
• 58:12
  You can print all the adapters to turn your S9.
• 58:14
  We actually have a 30 page guide that kind of walks you through
• 58:17
  everything that's on the top under God, where is it?
• 58:22
  Do file factory 2 point O We can show people where to do it and
• 58:25
  then do the future of space heaters.
• 58:28
  You might have to scroll up and then go down on the little
• 58:31
  highlight it right there. The future of space heaters.
• 58:35
  Yeah. So this is a 30 page guide of
• 58:37
  how to build your own electric space heater out of an S9 and
• 58:42
  heat your house. If you're using electric space
• 58:44
  heater, stop it. I built the guide to literally
• 58:48
  help you use a Bitcoin miner instead and get sats and all
• 58:52
  this. All the files are open source.
• 58:54
  You can literally print your own.
• 58:56
  If you want to buy the case from us, you can do it.
• 58:58
  If you want to buy an S9, get it from Kaboom Racks, build it,
• 59:01
  build it out. But absolutely, the cold
• 59:03
  season's coming. That is my favorite project.
• 59:06
  We did that I think a year or two ago and it still is my
• 59:09
  favorite thing that we've done. Let's go yeah, dude, 3D printing
• 59:13
  is super cool and you can, you know, print yourself some cases
• 59:16
  for your hardware, print yourself a honey badger, you
• 59:20
  know, get you print yourself a Bitcoin preferred sign if you
• 59:22
  are brick and mortar over here. So, so many cool stuff over
• 59:26
  here. But I do want to mention this
• 59:29
  that I think is yes, it's up here.
• 59:31
  Sorry, I was looking at some of the products here.
• 59:34
  You do have this 3D printing basics guide here.
• 59:36
  Yeah, it's a, it's a work in progress.
• 59:38
  So it used to look way better with pictures and everything.
• 59:41
  But ever since we got rug pulled from our Bluehost hosting
• 59:45
  provider after they completely took down our site with no
• 59:48
  warning, we had to rebuild completely in two days.
• 59:52
  And I have yet to get that page because we've just been so busy.
• 59:55
  There's very basic like words as you can tell, there's no pretty
• 59:59
  pictures like it used to be. I will work on getting that up.
• 1:00:02
  Let's go. Absolutely incredible.
• 1:00:05
  But yeah, man, I also will highly recommend 3D printing one
• 1:00:09
  of my boys, Joe Rogers. He's a huge fan of 3D printing.
• 1:00:12
  Love Joe Yeah, Joe's a goat out there.
• 1:00:14
  And I I totally agree that I, you know, I had a 3D printer and
• 1:00:20
  I just moved so. And I think in the process I
• 1:00:22
  broke it even more. So I was asking Rick, I'm like,
• 1:00:25
  wait, which 3D printer do I get? Wait, I don't have to spend
• 1:00:28
  $2000 to get an Epic one? Like, OK, I'm getting more
• 1:00:32
  excited about this. But you guys, Brandon, I know
• 1:00:34
  you were asking Rick some questions before the show.
• 1:00:36
  You want to jump in right here. Yeah, First off, I'm I'm ticked
• 1:00:39
  because I have my I got some crypto cloaks, Bitcoin trading
• 1:00:43
  cards holders, but I think they're at the other office.
• 1:00:46
  So I'm ticked because I forgot them, thought I had them here.
• 1:00:49
  So yeah, Rick's made so many cool things protecting some of
• 1:00:52
  our Bitcoin trading cards everything but some
• 1:00:54
  collaborations there. But one of the questions I had
• 1:00:56
  for you, Rick, was how are you using like the 3D printing
• 1:01:00
  rabbit hole? Like I was saying, offline is
• 1:01:01
  not something I've gone down very much.
• 1:01:03
  I've been getting it down the AI rabbit hole really kind of just
• 1:01:05
  this year or more. But how are you or have you
• 1:01:08
  used? Because the 3D printing sounds
• 1:01:11
  similar to the ChatGPT prompt in a way.
• 1:01:13
  Like you said, getting creative. I mean, the more you work with
• 1:01:17
  AI, obviously you get more detailed, you get more nuanced,
• 1:01:19
  you get the better answers it's going to give you.
• 1:01:21
  Have you done any AI and 3D, you know, printing and in
• 1:01:25
  conjunction with each other? Have you, you know, kind of
• 1:01:27
  played with that much yet or just?
• 1:01:28
  I haven't much, but there's now software out there with AI that
• 1:01:32
  is starting to do text to 3D models and that is evolving
• 1:01:36
  super fast. So all the stuff that I would
• 1:01:38
  design is you can now get really basic stuff, type in your text
• 1:01:42
  of like say I want a gear with 38 spokes and the inner
• 1:01:47
  diameter, outer diameters, and you press a button and it will
• 1:01:49
  literally create an STL for you within like 30 seconds.
• 1:01:52
  And then you can just bring that to your printer and slice that
• 1:01:55
  in print. Wow, yeah, it just seems, it
• 1:01:59
  seems limitless with, you know, the 3D printing in general.
• 1:02:02
  Yeah, I mean like in between with the Internet and the 3D
• 1:02:05
  printing, it seemed limitless. But now with with AI, what you
• 1:02:08
  can do and just helping you brainstorm or give you plans or
• 1:02:11
  blueprints or whatever, it's just like, holy cow, like this
• 1:02:13
  is limitless. What you can end up doing it.
• 1:02:16
  And we are talking offline too, where my my working amateur
• 1:02:19
  theory for something like Amazon for for instance, is just that
• 1:02:23
  they'll be a material fulfillment company, not not
• 1:02:25
  giving you the product. Like you said, if everyone has a
• 1:02:27
  3D printer in their home, which I believe they will in 10 years,
• 1:02:29
  then they're just going to be giving you got to get the the
• 1:02:32
  materials from somewhere. So I love your thoughts on that,
• 1:02:34
  I guess of where you get the materials and how that that's
• 1:02:36
  going to be a whole different can of worms, right?
• 1:02:38
  Like can I get some uranium over here?
• 1:02:39
  Can I get some? You know, we're coming into
• 1:02:41
  these conversations we had probably really decades ago in a
• 1:02:44
  way now it's like people are looking for different material
• 1:02:46
  and what's, what's legal, what's not, You know, it's just we're
• 1:02:48
  it's. Pretty wild what's happening in
• 1:02:50
  the 3D printing space just on base of materials that used to
• 1:02:53
  be just plastic where you used to shred up plastic bottles and
• 1:02:57
  make that into a filament. And now you can print with
• 1:03:00
  chocolate, you can print with metal, you can print houses with
• 1:03:04
  cement. It's really, it's really
• 1:03:07
  starting to evolve and the metal 3D printing is something that
• 1:03:10
  really interests me. But they're like $100,000 to
• 1:03:12
  start out with. So I'm slowly saving to get one
• 1:03:14
  of those. And what that does is actually
• 1:03:16
  comes you, it's a bin of powder and a laser goes through and
• 1:03:21
  makes the layers as it goes up through the powder in the
• 1:03:23
  specific spots as it goes down. It's it's mind blowing.
• 1:03:28
  Wow, yeah, it's crazy. Like 3D printing houses.
• 1:03:31
  I saw that and I'm like, what is going on here?
• 1:03:34
  I. Don't know if I trust that yet,
• 1:03:36
  but I mean it's super cool to watch a whole house go up with a
• 1:03:38
  giant crane and a 3D printer attachment on it and you're like
• 1:03:41
  holy shit. Yeah, guys, Twitter searched it.
• 1:03:44
  I'm sure you can find it on Twitter.
• 1:03:45
  It's it's absolutely incredible. All right, we do have a good
• 1:03:48
  question here from Roman for you, Rick, he goes, does the
• 1:03:53
  printer come with software to design stuff?
• 1:03:56
  You kind of answered this, but to clarify.
• 1:03:59
  OK, so the the printer itself, depending on what brand you buy
• 1:04:02
  with bamboo printers, it'll come with software that is the slicer
• 1:04:06
  software. So that'll actually take the 3D
• 1:04:08
  model, slice it up into individual later layers and then
• 1:04:12
  that will send the G code file to the printer to print.
• 1:04:15
  For the design software, you can use free ones like Tinkercad or
• 1:04:20
  Fusion Three 60s free for hobbies also, that's what I use.
• 1:04:24
  But you can only have like 10 different projects available at
• 1:04:27
  once. That or you have to pay for all
• 1:04:29
  the other stuff. But there's there's programs
• 1:04:31
  like Tinkercad and stuff like that where you can literally
• 1:04:33
  just to start designing stuff and those are free.
• 1:04:36
  Love it, love it. All right, Rick, let's let's
• 1:04:39
  plug the crypto cloaks. Your your company at large.
• 1:04:42
  You were just telling me before the show that now you're not
• 1:04:46
  just in the US. So if we do have some, you know,
• 1:04:49
  UK listeners, you might be able to get some of these products to
• 1:04:52
  you very quickly. So let's plug that stuff.
• 1:04:55
  So we have our website, cryptocloaks.com, crypto cloques
• 1:04:59
  on Twitter, crypto cloques on Noster, crypto cloques on
• 1:05:02
  everywhere. My personal account is Rick V 3D
• 1:05:06
  on Twitter. But we have a guy called Knoll
• 1:05:09
  Engineering and he's out of Germany that is starting to
• 1:05:11
  print space heater cases. And now we're looking to change,
• 1:05:15
  like add more products so he can start distributing those.
• 1:05:19
  There's a link on the space heater case to get to his
• 1:05:20
  website. I'm working with him to try to
• 1:05:22
  bring it to make it easier to go to him and order stuff.
• 1:05:27
  Let's see what else. I lost my train of thought.
• 1:05:29
  There's just so much. What was the other question?
• 1:05:33
  I think you answered it. Did I answer it?
• 1:05:36
  Yeah, I think you did that. You, you guys are worldwide from
• 1:05:39
  literally a hobby. To, I remember, sorry, there's
• 1:05:42
  the, there's the place that just opened up in France, London,
• 1:05:46
  that is starting to sell a whole bunch of our products.
• 1:05:48
  He bought a ton of stuff and now he's selling them in his local
• 1:05:53
  bazaar, the Bitcoin Bazaar in London.
• 1:05:55
  You can grab them from there too.
• 1:05:57
  Actually one last question like I was actually looking at, I
• 1:06:01
  remembered you were you were doing the the paid for SAT So
• 1:06:04
  you guys can name the the printers first one quickly.
• 1:06:09
  Are you still doing that or does everyone have a name already?
• 1:06:12
  No, we still have I think 3 or 4 printers.
• 1:06:16
  OK. And then the next question is,
• 1:06:18
  is pretty similar if there's someone out there like maybe not
• 1:06:23
  that tactical doesn't know how to create CAD files, can they
• 1:06:26
  send you stuff and you print for them?
• 1:06:28
  Like what? What's the process with that?
• 1:06:29
  Yeah, absolutely. So if you don't, if you want us
• 1:06:32
  to design it, we'll design it. If you want us just to print
• 1:06:35
  something that you find on the Internet, we can absolutely
• 1:06:37
  print that. What we do is we just charge $3
• 1:06:40
  per print hour for whatever you send us, and then we'll ship it
• 1:06:43
  to you. Great.
• 1:06:45
  Absolutely incredible. Except maybe there's a caveat
• 1:06:48
  here. No Pew pews, I'm guessing.
• 1:06:51
  Can't do that. No, I can't print you lowers.
• 1:06:54
  That's illegal and I'm not going to federal prison.
• 1:06:56
  So please do not send lowers. I have all the files but I will
• 1:07:00
  not print them and send them to you.
• 1:07:02
  That is illegal and I will not do well in prison, so I don't
• 1:07:05
  plan on going. Yeah, we got to put some
• 1:07:09
  guardrails on here or else your flood box is going to be
• 1:07:13
  incredible and. Buy your own printer, print your
• 1:07:16
  own gun. That's what I highly suggest.
• 1:07:18
  That's how you stay self sovereign.
• 1:07:20
  Let's go, let's go. All right, guys.
• 1:07:22
  Well, we're at the end of the show and wrapping up.
• 1:07:24
  Rick, I want to give you your last two sets.
• 1:07:27
  What's the last message you want to leave with the audience?
• 1:07:29
  It could be out printing, it could be out life, whatever,
• 1:07:31
  whatever. What's the last message you want
• 1:07:33
  to leave with the audience? Fuck the feds.
• 1:07:35
  Family first. Let's go.
• 1:07:40
  I highly endorse this message totally again, One, one more
• 1:07:44
  time. Rick, what are your socials?
• 1:07:46
  Where can people find you and how can people get in touch with
• 1:07:49
  you? Absolutely. cryptocloaks.com.
• 1:07:51
  You can send me an e-mail at rick@cryptocloaks.com.
• 1:07:54
  You can find us on Twitter, Instagram, Telegram, Noster at
• 1:08:00
  Crypto Cloaks. So we're there.
• 1:08:02
  Let's go. Love it bro, really appreciate
• 1:08:05
  it. I will do the same thing.
• 1:08:06
  Brandon, what is your final message for the audience?
• 1:08:10
  Thank you for Co hosting today. Absolutely always love being
• 1:08:13
  here. Have to keep the education going
• 1:08:15
  forward. Find a a finite asset for your
• 1:08:19
  finite time and energy. That's that's my, my message.
• 1:08:23
  Yeah, follow, follow Rick, follow some people Bitcoin, you
• 1:08:25
  guys got awesome shows going on Ruston's show, Dante's show,
• 1:08:28
  this show just incredible content out there to help
• 1:08:31
  Orangeville people educate them, help people not be in FBI pump
• 1:08:36
  and dump scam, you know, things like that.
• 1:08:38
  So just beautiful stuff. Get sovereign, get a 3D printer.
• 1:08:41
  There's so much information right there just on Rick's
• 1:08:43
  website alone. So go check that out.
• 1:08:45
  So cool. Check out Bitcoin trading cards
• 1:08:48
  again, educating people and just everything we can do to move
• 1:08:51
  this this ball forward because the the next 10 years is as we
• 1:08:55
  can see with this show, look is going to look very different
• 1:08:58
  compared to what we are standing here today.
• 1:09:00
  So let's get ready for it. It's going to be a beautiful
• 1:09:02
  thing. So yeah, just Brandon under
• 1:09:04
  score Gentilly on all the different socials, Twitter,
• 1:09:06
  master, YouTube everything. Love it, love it actually.
• 1:09:09
  Sorry, I do have one more hard hitting question from the chat
• 1:09:12
  for you Rick. This is from Opti search
• 1:09:15
  history. How deep does D?
• 1:09:16
  How deep does TSA search? Hey Ricky, do you print lint?
• 1:09:20
  Rollers I I'm pretty sure there's probably a file out
• 1:09:23
  there that you can 3D print your own lint roller.
• 1:09:25
  You see this? You get lighter colored shirts.
• 1:09:27
  You can't see cat hair anymore. That's how you do it.
• 1:09:30
  I don't wear black shirts anymore.
• 1:09:31
  Fuck that. Love it.
• 1:09:37
  Oh, man. Well, Rick, thanks for coming on
• 1:09:39
  the show. Can't wait for you to come back
• 1:09:41
  on. Yeah, next time.
• 1:09:42
  Next time you got some cool stuff coming on or you want to
• 1:09:45
  rant about 3D printing or something, we'll bring you back
• 1:09:48
  on. So let me pull you behind the
• 1:09:49
  scenes. Same to you, Brandon.
• 1:09:51
  You'll be on the show more often because Nikka travels and I stay
• 1:09:55
  home in the gilded cage that is simply Bitcoin.
• 1:09:58
  So appreciate you Brandon and everyone else out there.
• 1:10:02
  This was our Thursday, October 10th show episode 1093.
• 1:10:06
  Of course, a like comment, comment your thoughts guys, we'd
• 1:10:09
  like to hear your thoughts share, subscribe to this
• 1:10:12
  content, make sure you put your notifications on.
• 1:10:14
  Of course, we go live Monday through Friday, 12:15 PM Eastern
• 1:10:18
  Time. Well, we said at 12:15, we
• 1:10:20
  probably go out live around like 12:20.
• 1:10:22
  So you know, and stop yelling at me for being late.
• 1:10:25
  We got to work some things out. We make you wait for the algos,
• 1:10:28
  hashtag for the algos, but we appreciate you guys get outside,
• 1:10:33
  touch some grass, eat some good food, call your loved ones, make
• 1:10:36
  sure you are living the Bitcoin lifestyle, not just stacking
• 1:10:41
  stash. There's a lot of work to be done
• 1:10:42
  here. But as you can see, we're on the
• 1:10:45
  precipice of Bitcoin taking over the world and you are on the
• 1:10:48
  front line. So continue to be the Bitcoin
• 1:10:51
  soldier that you need to be. On that note guys, peace out
• 1:10:55
  this your boy Opti and I'll see you tomorrow bybitcoinwell.com a
• 1:11:02
  Bitcoin only platform on a mission to enable financial
• 1:11:06
  independence.