Latest / Simply Bitcoin / What JUST Happened CONFIRMED Bitcoin is about to EXPLODE!! | EP 1410

Transcript

What JUST Happened CONFIRMED Bitcoin is about to EXPLODE!! | EP 1410 · Simply Bitcoin

• 0:01
  It's official, Bitcoin has just entered a new era and I think
• 0:07
  most people are about to get caught off sides.
• 0:09
  In 2026. It looks like retail is panic
• 0:12
  selling, whales are panic buying, and it's all because
• 0:16
  Bitcoin just did something it's never done before.
• 0:20
  So let's dive into all the different narratives playing out
• 0:23
  right now. It's been an interesting start
• 0:26
  of the year. We are we are officially bullish
• 0:28
  pumping every single day of 2026, which isn't saying much.
• 0:32
  It's it's just the second day. But hey, hey, you know, forgive
• 0:36
  me for for getting bullish today.
• 0:38
  Anyways, let's start with where a lot of people are talking.
• 0:41
  There is a little bit of contention on this official or
• 0:44
  first story here. There's been this kind of recent
• 0:48
  trend, this recent conversation around whales buying Bitcoin.
• 0:53
  It does seem like retail and not just the, you know, the bit
• 0:57
  corners have been around for a while, but as they were dubbed,
• 0:59
  the tourists have been selling. There's literally been no one
• 1:02
  but bitcoiners in the Bitcoin space.
• 1:05
  I think in 2025, basically what I'm saying is that if you've
• 1:09
  been a bitcoiner for more than a few years, you're probably the
• 1:12
  only one buying Bitcoin at this point.
• 1:13
  Everyone else is either completely out of the market or
• 1:16
  they just have no money. But this recent trend, which I
• 1:20
  think is some contention, but there's there's kind of these
• 1:23
  tweets going around. They could just be for
• 1:25
  engagement farming. But essentially the idea is that
• 1:28
  Wales, usually people with about 1000 Bitcoin or more are
• 1:32
  accumulating Bitcoin, which is making everyone feel a little
• 1:34
  bullish. So first one here is 1000 K
• 1:37
  Bitcoin balance has changed. You can see it's starting to go
• 1:40
  up. The second one is something very
• 1:42
  similar. The realized cap for New Wales,
• 1:44
  it's going parabolic. Now where it starts to get a
• 1:47
  little interesting here is when someone else kind of delve into
• 1:51
  the data here and, you know, you could argue that this is kind of
• 1:54
  bearish. Maybe you can say, oh, this is
• 1:56
  just engagement baiting on Twitter.
• 1:58
  But here is I think what probably is going on here.
• 2:02
  And essentially, I don't know if you could say it was fully
• 2:05
  debunked, but someone looked into the numbers and they're
• 2:07
  like, look, all these whale charts right now are essentially
• 2:11
  the exchange is consolidating. And if you eliminate the
• 2:15
  exchanges consolidating, then it looks like on net everyone is
• 2:19
  still selling Bitcoin. There's still more sellers than
• 2:21
  buyers currently in the market. And I think it's very easy to
• 2:24
  kind of talk about this because as I've been saying, the only
• 2:28
  people on Bitcoin are people that have been in Bitcoin for a
• 2:31
  long time. And if you're in Bitcoin
• 2:33
  recently, if you're a big kind of, you know, deep pocket
• 2:37
  person, then, you know, you might be scared.
• 2:40
  I don't know if you guys are watching the ETF inflows, but
• 2:43
  the ETF inflows are hurting right now.
• 2:45
  I think they dropped about 420 million in the last couple of
• 2:48
  weeks. So hey, retail coming through
• 2:50
  the ETFs, they're not they're not so happy right now.
• 2:53
  And as everyone knows, we finally ended the year on a red
• 2:57
  year. But before I get into all that,
• 3:00
  I think this is pretty interesting.
• 3:02
  The Bitcoin long term holders, which I think is super bullish,
• 3:05
  has finally flipped positive. So if you bought Bitcoin in the
• 3:08
  last 155 days and you held it for that time, then the long
• 3:12
  term holder statistics are showing us, hey, we have some
• 3:15
  new people building conviction, some new people buying Bitcoin
• 3:18
  at these prices and starting to feel bullish.
• 3:21
  Now I've been bullish for a little bit here on the show.
• 3:24
  I I think I'm the last bitcoiner that has been bullish left on
• 3:27
  YouTube. Even my partner who's not here
• 3:30
  today, it has been extremely bearish on me and it's it's
• 3:34
  literally been it's been low key wearing on my soul here every
• 3:38
  single day. Guys, it's been rough, I'm not
• 3:40
  going to lie. But what is interesting and I
• 3:42
  have been telling you guys that you got to watch what's going on
• 3:45
  in the leverage in the leverage of Bitcoin is where I think the
• 3:50
  game is being played out. And as you can see here, you
• 3:53
  know, here's the Binance liquidation maps.
• 3:55
  There is there's some some shorts or some longs down here
• 3:58
  in around the 88 K range. Not much going on up here in the
• 4:03
  shorting range. There's been about 100 and
• 4:07
  something million. I have the official number here
• 4:10
  for you guys, 115,000,000 Bitcoin shorts being liquidated
• 4:14
  in the last couple of hours rather the last day.
• 4:17
  And I think this is where the signal is really happening right
• 4:21
  now. So we are above 90K currently as
• 4:24
  the show's going on. And I think what is interesting
• 4:27
  is we've seen hundreds of millions of dollars on Bitcoin
• 4:32
  shorts being liquidated right now and we just popped up above
• 4:37
  90K. And it makes you wonder is there
• 4:41
  a silent buyer currently in the market because there is a lot of
• 4:45
  leverage short kind of pressure right now.
• 4:48
  But someone is scooping this all up.
• 4:50
  And I don't know if you guys watched the price action this
• 4:52
  morning, but some bullish developments have happened.
• 4:55
  Let me let me pull this up real quick shouts out to my boy
• 4:59
  Ansel. He's got his own Bitcoin show.
• 5:01
  He does great work. He is noting and I think anyone
• 5:05
  that's kind of a little bit of ATA chart boy is starting to see
• 5:09
  some some bullish reversals right now.
• 5:11
  You can see he's got a a trend line here on the day, but we
• 5:14
  have officially officially made it over the 50 day moving
• 5:19
  average. Now obviously TA is is you know
• 5:23
  astrology for men. So I, I don't know if we can
• 5:27
  really lay our hats on this, but we are starting to see kind of a
• 5:30
  bullish reversal on Bitcoin. We have made it over the 50 day
• 5:33
  moving average. We are bubbling UP90K around
• 5:37
  right now. So in the face of all the
• 5:39
  leverage shorts that we're seeing, we're seeing Bitcoin
• 5:43
  pump in the face of that, which makes me believe or rather makes
• 5:47
  me kind of speculate that there is a buyer in the market, a big
• 5:52
  buyer in the market right now that wants to scoop up this
• 5:54
  Bitcoin under 90K, which is kind of what I've been telling you
• 5:57
  guys for the last couple of weeks now.
• 5:59
  Obviously, I was on one hand speculating, on the other hand
• 6:04
  kind of just making my case for where we are currently and it's
• 6:08
  been holding up very well. I told you guys months ago and
• 6:11
  we dumped under the, you know, 80K or dumped down to the 80 K
• 6:15
  range that I believe the Bitcoin price is most likely going to go
• 6:19
  sideways here. That we're going to go sideways
• 6:21
  for a couple of months. And then once the accumulation
• 6:24
  happens, once the buyers or rather the sellers get tired and
• 6:28
  the buyers get back into position, which is kind of where
• 6:31
  we are right now, you we'll start to see the Bitcoin price
• 6:34
  get frothy and move upwards. Now, obviously, if you're
• 6:37
  watching the price this morning, I did pull up the one minute
• 6:40
  chart this morning, I was watching the one minute chart.
• 6:42
  So shouts out to you guys that love the one minute chart bit.
• 6:45
  Now it was very interesting to watch what happens around that
• 6:49
  90K range. The bears really didn't want
• 6:51
  Bitcoin to go above 90K though. We kind of we broke through that
• 6:55
  a little bit. So it's going to be very
• 6:57
  interesting to see if we continue the run where we are
• 7:00
  and we start heading upwards, which is going to be essentially
• 7:04
  a a bullish reversal here. Doing exactly what I said I was
• 7:07
  going to do. It dumped down to 80 K.
• 7:09
  It goes sideways and then it starts going up, though I don't
• 7:12
  think that's telling us the whole picture here.
• 7:15
  Obviously we all saw what happened in 2025.
• 7:19
  It wasn't the year we all thought it was going to be.
• 7:21
  In fact, it fundamentally, in my opinion, broke the four year
• 7:25
  cycle. It's over.
• 7:28
  Yes, you could look at what happened with Bitcoin in terms
• 7:31
  of when the halving date was it did kind of top at exactly when
• 7:36
  we all expected it to roughly 18 months after the halving and
• 7:39
  then it did go down to essentially like a 30%
• 7:42
  correction. But officially the four year
• 7:45
  cycle is broken. It is over.
• 7:48
  We can no longer lay our hats on the meme of three green years,
• 7:52
  one red. It's officially done.
• 7:54
  So our four year cycle Maxis AKA Nico, look, you're going to have
• 8:00
  to readjust your narrative because the four year cycle meme
• 8:03
  is officially done. And I made the case that it was
• 8:06
  changing throughout the year. We got a all time high before
• 8:09
  the halving. We didn't get a parabolic year,
• 8:12
  you know, 18 months after the halving and then we didn't get
• 8:15
  the three green, one red meme. It's officially over.
• 8:18
  In my opinion though. Does that mean Bitcoin can't go
• 8:21
  down next year? Obviously no one knows what's
• 8:24
  going on. We are literally in uncharted
• 8:26
  waters. I believe we are in a new era of
• 8:29
  Bitcoin ever since Larry Fink came into Bitcoin.
• 8:32
  Ever since the institutions and Wall Street's came into Bitcoin,
• 8:35
  it has officially changed the trajectory of Bitcoin.
• 8:38
  This is a is a brand new era in my opinion.
• 8:41
  Everything we knew about Bitcoin no longer holds like it used to.
• 8:46
  We used to know exactly what the Bitcoin price was going to do.
• 8:49
  Now moving forward, we're going to have to kind of adjust our
• 8:52
  narratives and just how we view Bitcoin, adjust where we think
• 8:55
  the Bitcoin price is going. But in my opinion, again, this
• 8:59
  is all my opinion, not financial advice.
• 9:01
  I'm just a YouTube. I'm just a guy that looks at
• 9:03
  Bitcoin. I think 2026 is going to be a
• 9:06
  great year anyway. Simon Dixon tweets, he goes RIP
• 9:09
  the Bitcoin four year cycle. It was fun.
• 9:12
  Now we have to part in 2026. We enter a new era.
• 9:16
  Remember, only Bitcoin in self custody is real Bitcoin, which I
• 9:21
  fully endorse this message. I've been saying this for the
• 9:25
  last three to six months. The only thing that matters is
• 9:28
  are you acquiring more Bitcoin and are you taking that Bitcoin
• 9:31
  into self custody? Yes, I love the idea of my
• 9:35
  purchasing power going up, but in reality, what really matters
• 9:40
  is are you holding that Bitcoin? We all like to feel like we're a
• 9:43
  little more wealthier than we were, you know, last year.
• 9:46
  And in some in some cases you could argue that that isn't cat
• 9:50
  in in fact, what happened this year, though, we didn't really
• 9:54
  see a parabolic bull run. You know, we didn't see the
• 9:56
  price action we really wanted. But if you're looking at the
• 9:59
  Bitcoin yearly lows, we're still above what we were last year or
• 10:03
  in 2024. And here you can see bitcoins
• 10:06
  pretty much every year has gone up on the yearly low except for
• 10:10
  one year IN2016366-IN2017788IN 2018 3185 in 20/20/2020 nineteen
• 10:20
  3.3 K 2024.9202129 K 202215K23162439 and then last
• 10:31
  year the bottom was 76 K. So if you zoom out, the Bitcoin
• 10:36
  thesis still holds up up and to the right.
• 10:39
  The best store of value, the best performing asset over the
• 10:43
  last 15-16 years. And you know very fittingly,
• 10:48
  tomorrow is Bitcoins birthday, January 3rd.
• 10:51
  So we are officially entering the 17th year of Bitcoin and
• 10:57
  last year I think everything changed.
• 10:59
  Like I'm saying the institutions have fundamentally changed the
• 11:01
  course of Bitcoin up to this point, for better or worse.
• 11:04
  That's just, that's just what happened.
• 11:06
  You know, I, I, I think looking forward into what happens in
• 11:10
  2026 and 2027 is going to be exactly what I've been saying
• 11:14
  for the last couple of months. I've been broken record at this
• 11:16
  point, but 2025 was the fundamental year that we are
• 11:21
  going to look back on and be like, yes, everything changed in
• 11:24
  2025. Now, if, if you're taking
• 11:27
  Bitcoin into self custody, if you're still accumulating
• 11:30
  Bitcoin even though the price has been down, you know, you
• 11:33
  just flip your, your perspective and you're like, I'm getting it
• 11:36
  on discount. I think we're all going to look
• 11:38
  back at 2025 and be like, it was inevitable.
• 11:40
  We knew where it was going. It it was very obvious.
• 11:43
  Now another little kind of interesting tidbit here that
• 11:48
  kind of shows we have fundamentally entered a new era
• 11:51
  in the Bitcoin kind of perspective point of view of
• 11:56
  where Bitcoin is going. Is this funny tweet here.
• 12:00
  Shout to the Jameson Lott for the first one to point point
• 12:02
  this one out. But in 2025, we got zero, I
• 12:07
  repeat, zero Bitcoin obituaries. And if you don't know what that
• 12:11
  means, essentially not one time last year did the mainstream
• 12:16
  press, the corporate press or anyone out there, right, the
• 12:20
  Bitcoin is dead meme. It was a 0 on the year.
• 12:24
  So very interesting. Now, again, 2025 feels like the
• 12:29
  year that we have crossed the Rubicon going into the
• 12:32
  mainstream consciousness. And no one actually believes
• 12:35
  that Bitcoin's going to 0. No one actually believes that
• 12:38
  Bitcoin isn't going to go up and to the right, go to million
• 12:41
  millions of dollars. Plus.
• 12:43
  No one is sitting here thinking, Oh yeah, you know, this Bitcoin
• 12:46
  thing, it went to 100K, it's going to go to 0.
• 12:48
  Now I'm sure there was some chart boys out there saying
• 12:51
  like, oh, it's going to go to 10K1K, all these crazy bearish
• 12:55
  predictions. But not one time in the year
• 12:58
  2025 did we get the corporate press or any big publication say
• 13:04
  that Bitcoin died, which I think is kind of a culmination.
• 13:09
  Or maybe as you guys know, I love the word zeitgeist.
• 13:12
  A a full zeitgeist of where we are right now. 2025, I think
• 13:17
  will prove to you in hindsight that Bitcoin is here, it's going
• 13:23
  to stay. I think everyone is looking at
• 13:25
  Bitcoin and realizing, yeah, it's not going away in part or
• 13:29
  mostly in part because of Wall Street coming into this.
• 13:33
  If Wall Street is coming in, they want products, yes, they're
• 13:36
  trying to tokenize everything, but it it's just it's here, it's
• 13:39
  not going away. And if you are talking to people
• 13:42
  and they're telling you, hey, bitcoins it, it's going to go to
• 13:45
  zero, bro, you know, quantum computing flood, it's going to
• 13:47
  crack Bitcoin, yadda, yadda, yadda.
• 13:50
  I think they're all completely wrong, which just goes to show
• 13:52
  that every side of the aisle needs to update their Bitcoin
• 13:55
  perspective right now, whether you're bullish on Bitcoin or
• 13:58
  you're bearish on Bitcoin, everyone is fundamentally in the
• 14:03
  need of updating their models of what Bitcoin is doing, where
• 14:06
  it's at right now. And I do have a good clip from
• 14:09
  Doctor Jeff Ross, shots at the Doctor Jeff Ross kind of maybe
• 14:12
  mapping where we're going to go. And I'm going to play that in
• 14:15
  the numbers in a second. But I think we all fundamentally
• 14:19
  were wrong. All models were wrong.
• 14:21
  Yes, you know, you could have caught some local tops, some
• 14:23
  local bottoms. But Bitcoin has evolved.
• 14:26
  It has grown up. Tomorrow's at 17th birthday.
• 14:29
  Wall Street got into Bitcoin 2025.
• 14:32
  No one is saying Bitcoin is dying.
• 14:34
  We're starting to see a reversal on the price itself.
• 14:36
  We're bubbling over 90K at this, at this current moment.
• 14:40
  It it's starting, it's starting to look like 2026 is going to be
• 14:44
  a good year. And just to kind of end this on
• 14:47
  a on a little more bullish hopium vibe.
• 14:50
  Shouts out to our boy Bohines. And I really wish Nico was here
• 14:54
  today 'cause I could dunk on him, 'cause he really loves
• 14:57
  bohines. And he just tweeted yesterday
• 14:59
  and he actually quote tweeted this again with a rocket emoji.
• 15:02
  And he goes, anyone bearish on Bitcoin heading into 2026 is
• 15:07
  foolish, Which is kind of what I, oh, I didn't pull it up.
• 15:11
  What I've been saying to you guys for a minute, what I'm
• 15:14
  looking at, what you should be looking at, the macro trends,
• 15:19
  the uncertainty, it seems like all of that is being resolved.
• 15:23
  And as we saw, 2025 wasn't the year we thought it was going to
• 15:27
  be. Now obviously who knows what's
• 15:30
  going to happen in terms of Bitcoin price, I have no clue.
• 15:34
  But it does feel like we're not going to see another, another
• 15:38
  negative red year on Bitcoin. That would be fundamentally
• 15:42
  unprecedented. We are already in uncharted
• 15:44
  waters because Bitcoin had a red year.
• 15:47
  It went down what, 6% last year, even though we hit all time
• 15:50
  high, we ended 6% lower than we started the year, which is just
• 15:55
  like, OK, if this was the bear market, if 2025 was the bear
• 15:59
  market, which a lot of people have been saying it's the least
• 16:03
  volatile bear market we've ever had, which is extremely bullish
• 16:06
  in my opinion. If 2025 is the bear market,
• 16:10
  we're only down. We were only down 6% on the
• 16:12
  year. And 2026 is going to be a bull
• 16:16
  market. We're starting the year strong.
• 16:18
  I'm not going to lie, you know, hey, it's just two days, two
• 16:20
  days out of 365. But we've been pumping every day
• 16:24
  in 2026, which you know, that's that's going to be a short lived
• 16:27
  meme here. But 2025 again, if it's the bear
• 16:31
  market, it's the least volatile bear market we've ever seen.
• 16:35
  Again, you guys know me. It's optimist fields for a
• 16:38
  reason. Yes, maybe I'm wrong on the
• 16:41
  short term perspective of where Bitcoin is going, but in the
• 16:44
  long term, we know what's going on.
• 16:45
  And I always have to look at the silver lining. 6% down last
• 16:50
  year. If we start to pump, if we see
• 16:53
  the Omega candles again for 2026, if if Samson Mao comes out
• 16:58
  and starts ripping the Omega candles and we actually see one,
• 17:01
  I think 2026 is going to be a very, very good year.
• 17:05
  A lot of the macroeconomic factors which were headwinds in
• 17:08
  2025 are starting to become tailwinds for 2026.
• 17:13
  And I don't know if you guys noticed, I will cover it later,
• 17:16
  but the Fed is injecting liquidity.
• 17:18
  It looks like QT officially over most economies.
• 17:21
  The western economies and even some eastern economies are
• 17:25
  injecting liquidity. They have to print again.
• 17:28
  They can't stop this trend. The narratives around Bitcoin on
• 17:31
  the long term are always the same.
• 17:33
  They have to inject liquidity into the system.
• 17:36
  Fiat currencies this year. If you're looking at the Dixie
• 17:39
  chart, the dollar lost about 10% of purchasing power this year.
• 17:43
  Yes, Bitcoin was down 6% this year.
• 17:46
  So, you know, in in relative terms, Bitcoin I think held on
• 17:51
  very strong, though it didn't feel that good all year long.
• 17:55
  When you see gold pumping, you saw silver pumping, you saw the
• 17:58
  S&P 500 pumping, you know, NASDAQ was pumping basically
• 18:03
  everything but Bitcoin pumped in the year 2025.
• 18:06
  And I fundamentally think it's because the new, the new players
• 18:10
  in the market, AKA Wall Street, the Larry Finks, the Jamie
• 18:13
  Diamonds of the world, they wanted to get themselves a good
• 18:16
  position. And if they've entered a market
• 18:19
  at 100K, they got a 30% discount to them.
• 18:22
  That's a good trade. And then at literally, if, if
• 18:26
  I'm looking forward, if I'm correct on this, and this was
• 18:29
  the bottom, the formation of a bottom here, they launch all of
• 18:33
  their Bitcoin products at the absolute bottom of 2025 and then
• 18:38
  they're going to ride it in 2026.
• 18:40
  So I'm I'm starting to look at the price, especially now that
• 18:44
  we made it over 90 Ki think, you know, there there's been some
• 18:48
  trading TA stuff that I saw this morning saying 92K.
• 18:52
  I mean eve pattern, which I don't even know what that fully
• 18:55
  means. I'm not I'm not a traitor like
• 18:56
  that. I don't really look at TAII.
• 18:58
  Just kind of troll you guys with the one minute chart because I I
• 19:01
  think it's fun to watch. You can see in real time the
• 19:04
  bears and the bulls, but it's hard not to feel bullish right
• 19:08
  now guys I'm I'm look, I'm as transparent a YouTube as
• 19:14
  possible. You guys know me if you've met
• 19:16
  me offline, I'm the same person that I am on this show.
• 19:20
  I am constantly bullish. Yes, there's sometimes when the
• 19:22
  price action starts to mess with me, but I think 2026 is going to
• 19:28
  be a great year, guys. I fundamentally believe this is
• 19:30
  a new era for Bitcoin. Everything's changed.
• 19:34
  All the models we've been kind of hanging our hats on are
• 19:37
  fundamentally broken. We don't know what's happening
• 19:40
  currently, but I can tell you one thing.
• 19:42
  I can point at the chart and tell you one thing.
• 19:46
  There are some very big silent buyers right now that are
• 19:51
  battling the bears and if they can get the run, if the bulls
• 19:54
  can get back in control and we get a good run from here, I
• 19:59
  think I think it's going to be a great 2026, my boys, I think, I
• 20:03
  think we're here. I think 2026 is going to be our
• 20:05
  years though there are there are some I'm not going to be
• 20:08
  completely bullish on on everything going on.
• 20:11
  There are some macro uncertainties that can
• 20:14
  potentially, you know, hurt Bitcoin specifically kind of the
• 20:19
  the big Black Swan event that a lot of people are saying it's
• 20:22
  like, look, if we enter something worse than a
• 20:26
  recession. Than Bitcoin currently being
• 20:29
  treated on treated as a risk on kind of investment it could
• 20:34
  fund, it could obviously be hurt.
• 20:36
  Bitcoin is the most liquid salable asset in the world and
• 20:40
  it is currently being treated like a risk on assets.
• 20:43
  So if the macro factors don't maintain bullishness throughout
• 20:48
  2026, then we could be in uncharted waters to the
• 20:52
  downside. If the macro factors do switch
• 20:55
  to our, our tailwinds in in in our favor, then 2026 could
• 21:00
  finally be the year that everyone's been saying 2025 was
• 21:04
  going to be because everyone kind of was laying their hats
• 21:07
  on, oh, gold's running. If only a little bit of that got
• 21:10
  in the Bitcoin, then Bitcoin's out 400 + K.
• 21:14
  Same thing happened to silver. Bitcoin really didn't do
• 21:18
  anything. But as we've seen again, maybe
• 21:21
  the only last historical meme we have left is that Bitcoin always
• 21:25
  runs after gold runs. There is a time delay, so
• 21:30
  Bitcoin finally starts making its run.
• 21:32
  It's going to be harder and higher and faster than gold was.
• 21:37
  And I think once the FOMO comes back in is when things are going
• 21:40
  to be get get crazy. Now there has been a lot of talk
• 21:43
  about the business cycle. Well, if you're looking at the
• 21:46
  business cycle right now, it is starting to look extremely
• 21:50
  bullish in favor of Bitcoin. Now, obviously, I think that
• 21:54
  meme is still not fully tested. Yes, you can back test it.
• 21:57
  Hindsight's 2020, but I saw, I think I believe it was this
• 22:01
  morning that someone posted the bull cycle chart and they're
• 22:05
  like, we got a, we got a golden cross on the bull market.
• 22:08
  Bitcoin's absolutely bottom. It's going to RIP.
• 22:11
  You know, I saw some Good Hope. I'm saying if history repeats,
• 22:14
  it's like 400 K in play. Look, I'm just trying to get to
• 22:18
  100K again. I'm just trying to get to all
• 22:20
  time high here. So I'm not going to get
• 22:22
  extremely bullish and start making crazy price predictions,
• 22:26
  but I am tentatively very bullish on Bitcoin making a
• 22:30
  climb back up to all time highs start to break 100K.
• 22:33
  If we can maintain this current price action the next couple of
• 22:37
  days when we go past like 9293 K, we'll start to make a run to
• 22:41
  100 Ki think we're in playboys. I think we are in play here.
• 22:47
  So it looks like all our memes, you know, all our memes are are
• 22:52
  dreams now 'cause they're all broken.
• 22:54
  They were they were actually nightmares at this point.
• 22:57
  But four year cycle, in my opinion, and maybe you guys can
• 23:00
  let me know in the chat if you believe the four year cycle is
• 23:03
  broken. Now, what I find the most
• 23:05
  interesting is when you talk to bitcoiners, we all understand
• 23:08
  the four year cycle, but when you talk to anyone outside of
• 23:11
  the Bitcoin ecosystem, the four year cycle does not even
• 23:14
  register. They they don't understand what
• 23:16
  that means. And I think, as we've been
• 23:18
  talking about it all year long, it was a self fulfilling
• 23:22
  prophecy here. Everyone was expecting the four
• 23:25
  year cycle. So we got a lot of selling
• 23:27
  around the top. But what I think few people
• 23:30
  expected was this unlimited bid holding Bitcoin up at 80 K.
• 23:35
  I think if we saw the four year cycle play out exactly as we all
• 23:39
  thought, then we probably would have saw saw a bigger drop and
• 23:42
  we wouldn't be seeing Bitcoin cross the 50 day moving average.
• 23:45
  We wouldn't see Bitcoin kind of pumping back up over 90K.
• 23:49
  So I think my thesis is still correct guys, we're going to go
• 23:53
  sideways. We have just finished the
• 23:55
  sideways and now it's time to make a climb.
• 23:57
  Now, obviously this is not financial advice.
• 24:01
  You know, I'm just a YouTube, I'm just telling you what I
• 24:05
  think's going on. And I don't do this just for the
• 24:07
  views. This is literally what I think
• 24:08
  is going on. I think the institutions have
• 24:12
  fundamentally changed to the course of where Bitcoin is going
• 24:15
  in the short term because it's not playing out how how we
• 24:19
  thought it was, which just goes to show you that the interest
• 24:22
  for Bitcoin right now is just starting to heat up.
• 24:27
  The institutions are just barely dipping their toes in the market
• 24:30
  and you can see how much they're able to kind of, you know, force
• 24:34
  volatility in the market. Though again, in hindsight, on
• 24:37
  another side, this is the least volatile bear market we've ever
• 24:41
  seen. It's extremely bullish scenario,
• 24:43
  I think going into the rest of 2026.
• 24:47
  But hey, we're at the very beginning of this year.
• 24:49
  So we'll we'll have some time. I'll have some time to eat some
• 24:53
  crow here. I'll have some time to look back
• 24:55
  and be like, yeah, you know, maybe I was a little too bullish
• 24:59
  on the first episode back into 2026.
• 25:02
  But I think this is our year, guys.
• 25:05
  I think this is our year. Hold me to it, throw me all you
• 25:10
  want. I think things have changed
• 25:12
  fundamentally in terms of where Bitcoin is going in the short
• 25:17
  term, but in the long term, I think we know exactly what's
• 25:19
  going to happen. I think we are very, very
• 25:23
  solidly in the then they fight you stage, they are doing
• 25:27
  whatever they can to try to fight Bitcoin.
• 25:29
  I think that's only going to ramp up.
• 25:32
  Let's not get complacent here for 2026.
• 25:34
  I think that's going to be kind of my motto for the year is
• 25:37
  don't get complacent here. Make sure you're stacking, make
• 25:40
  sure you're saving SAT's, make sure you're securing that
• 25:42
  Bitcoin. That's the only thing that
• 25:44
  matters. This is, you know, never doom
• 25:47
  2026. Don't get complacent.
• 25:50
  We are going to win big in 2026, guys.
• 25:54
  So that's what I'm that's kind of what I'm watching right now.
• 25:58
  Are we entering the expansion phase for Bitcoin?
• 26:01
  Are we leaving the contraction bear market consolidation?
• 26:05
  Only time will tell. We'll see what happens over the
• 26:08
  weekend though. The 10 AM kind of dumps are
• 26:10
  still happening. The Barts are happening.
• 26:13
  It's crazy out there in the Bitcoin chart right now.
• 26:15
  If you guys are watching the one minute chart, the hour chart,
• 26:18
  it's crazy out there guys. It's the volatility in the short
• 26:22
  term. Short term time frames are
• 26:24
  absolutely insane. I would not want to be trading
• 26:26
  right now. This is why we just stack sats
• 26:30
  and chill. Just take that Bitcoin in the
• 26:32
  cold storage. This is the best way yeah.
• 26:35
  Never go full 25. Yeah, that's the true.
• 26:39
  That's so true, so true. All right guys, so as I said, I
• 26:44
  got a clip from doctor Jeff Ross kind of giving his new map of
• 26:48
  what he think is going on, you know, for the next 5-10 twenty
• 26:51
  years from now. And then we we got an
• 26:54
  interesting news, which isn't necessarily Bitcoin related, but
• 26:57
  we got some interesting news coming out of Greece.
• 27:00
  And we all know what happened in the great financial crisis.
• 27:02
  We all know when Greek, Greek, you know, they got bailed out.
• 27:06
  Well, it looks like, you know, some, some smart financial
• 27:10
  planning's coming out of there, which is in stark contrast to
• 27:13
  what we're seeing out of the US. So I I think there's a lesson to
• 27:17
  be learned from this. OK.
• 27:19
  And then I got an interesting post for the culture to kind of,
• 27:22
  you know, we recapped all of 2025 on Friday or wait,
• 27:26
  Wednesday. And I, I got this kind of
• 27:30
  infographic of what the biggest kind of media trends were for
• 27:34
  2025 around Bitcoin. And it might surprise you guys.
• 27:38
  And I think it really goes into this idea of we are all in the
• 27:41
  Bitcoin echo chamber, what the normies look for on Twitter,
• 27:45
  what the average, you know, non bitcoiner is hearing.
• 27:48
  It's not what you see on Bitcoin Twitter.
• 27:50
  So that's the layout for today's show.
• 27:52
  I will be back after a quick commercial break.
• 27:55
  So give me one minute and we will continue on today's
• 27:58
  episode. Today's episode is brought to
• 28:03
  you by Bitcoin Well Infinite. If you're a serious Bitcoin
• 28:06
  buyer, you've probably hit the same wall.
• 28:08
  Most platforms make you give up custody just to play by the
• 28:12
  rules. Bitcoin Well Infinite fixes
• 28:14
  that. They're North America's only
• 28:16
  publicly traded, non custodial OTC desk listed on the TSX
• 28:22
  Venture Exchange, which means transparent operations and 0
• 28:26
  counterparty risk. You buy Bitcoin, you take
• 28:29
  immediate control period for trades over $50,000, you get a
• 28:33
  dedicated executive Bitcoin advisor, competitive spread
• 28:37
  starting at 1%, and immediate delivery straight to your own
• 28:41
  wallet. No custody risk, no withdrawal
• 28:44
  fees, just institutional grade execution with full asset
• 28:48
  control. If you want to buy Bitcoin the
• 28:50
  right way, book a free consultation at
• 28:52
  bitcoinwell.com/OTC or e-mail infinite@bitcoinwell.com.
• 28:59
  I want to give a shout out to our partner stamp seed.
• 29:02
  Is your Bitcoin and cold storage really secure?
• 29:04
  Are your seed phrases really secure?
• 29:07
  Stamp seeds do it yourself kit has everything you'll need for
• 29:10
  you to hammer your seed words into commercial grade titanium
• 29:14
  plates instead of just writing them down on paper.
• 29:17
  Paper is fragile. Titanium plates are strong.
• 29:21
  Your words are actually stamped into the titanium plate with
• 29:24
  this hammer and these letter stamping tools.
• 29:28
  Once the words are in, they aren't going anywhere.
• 29:31
  No risk of the plate breaking apart and pieces falling
• 29:34
  everywhere. Titanium stamp seeds will
• 29:37
  survive nearly triple the heat produced by a house fire.
• 29:40
  They're also crush proof, waterproof, non corrosive, and
• 29:44
  time proof. And now you can customize your
• 29:47
  titanium seed plates. You can upload your design or
• 29:51
  logo and they will laser engrave it on the back of your seed
• 29:55
  plate, the opposite side of where the words are.
• 29:57
  Stamp your seed on stamps and use promo code simply to get 15%
• 30:03
  off anything on the Stamp se-ed.com store.
• 30:11
  All righty then, boys and girls. So the current Bitcoin price is
• 30:15
  90,260. Some life back in it boys,
• 30:20
  there's some life back in the market, which is currently a 28
• 30:24
  1/2% discount from all time high.
• 30:27
  The market cap we're inching back towards 2 trillion is
• 30:30
  currently at 1.8 trillion and the block height the only time
• 30:33
  that matters TikTok next block 930,000 and 609 three 0600 Dude.
• 30:41
  I always messed that up All right anyways, Jeff Ross was
• 30:45
  just on what Bitcoin did great clip Shout out to Morpheus for
• 30:49
  clipping this our boy on the Twitter team, but he's got AII
• 30:54
  think a very interesting narrative here and I and I think
• 30:56
  doctor Jeff Ross has been just like me.
• 31:00
  You know, we were very confident in the beginning of the year of
• 31:02
  what Bitcoin was going to do, but then as the year kind of
• 31:07
  progress, you do have to update kind of what's going on, your
• 31:11
  mental models of what's going on.
• 31:13
  And I think seeing him kind of evolved throughout the year is
• 31:16
  very interesting. So here's his most recent take
• 31:19
  of what he thinks is happening, what he thinks is going to
• 31:22
  happen in the next couple of years, which I think is a great
• 31:25
  framework. I'm, I'm, I'm literally said the
• 31:28
  same thing on the Wednesday show that we are in this for a multi
• 31:33
  generational struggle. Now I know that sounds a little
• 31:37
  a little rhetorical, a little propaganda, but as I've been
• 31:43
  telling you, I think you need to lock in.
• 31:45
  It's not about what happens next year, the next two, five years.
• 31:48
  It's what's going to happen the next 1020 years because I think
• 31:51
  that's when we're going to really see the fundamental
• 31:54
  impact of Bitcoin. So here's Jeff Ross.
• 31:57
  I'll come back and I'll chat about it.
• 32:00
  Deflation is incompatible with the credit based Fiat monetary
• 32:04
  system. So if it takes hold and
• 32:07
  continues, I actually think that's the end of that
• 32:11
  government's Fiat currency. So I, so I would keep a close
• 32:14
  eye on China and as they continue to accelerate their
• 32:18
  robotics and manufacturing and AI, I think that deflation is
• 32:22
  going to get so bad that I, I don't know, it might be the end
• 32:26
  of their currency. And I think that's why they're
• 32:28
  stockpiling gold. And, and I think Bitcoin will do
• 32:32
  well too, but they obviously don't like Bitcoin because it's,
• 32:34
  you know, they can't control it. They can't fence it in as much.
• 32:41
  I think, I think we're going to see Fiat currencies really
• 32:43
  struggle in the next 10 years or so.
• 32:46
  What is so, So what does that mean for Bitcoin?
• 32:49
  I think we're going to see at some point, you know, probably
• 32:53
  if we get that massive, you know, deflationary event, it's
• 33:00
  hard to know because historically speaking, when we
• 33:03
  have deflation, at least here in the US, that's actually been
• 33:05
  negative for the price of Bitcoin in dollar terms.
• 33:09
  I don't know, you know, honestly, I don't know how to
• 33:11
  think about that because because I think the only thing that
• 33:14
  survives are, you know, actually sound money are gold and
• 33:19
  Bitcoin, but you don't get those huge price tag.
• 33:23
  I think what you just get is you have Weimar Germany type
• 33:26
  movements in Fiat currency. So you'll see that in the price
• 33:29
  of Bitcoin and the price of gold as well.
• 33:31
  And then the Fiat currency will just die at that point and then
• 33:34
  the only thing left standing will be the sound monies.
• 33:38
  It's really hard to predict though what that means going
• 33:41
  forward. I think just at the other side
• 33:43
  of that, the world is priced in Bitcoin and that kind of fits
• 33:46
  with my theory. What I've been talking about for
• 33:48
  a while now is the the multi decade approach.
• 33:51
  So, so the 20 tens was the collectible phase for Bitcoin.
• 33:54
  The 20 twenties which we're in now is the store of value phase.
• 33:58
  Then comes the medium of exchange in the twenty 30s and
• 34:01
  by the 20 forties, I think Bitcoin is the world's unit of
• 34:04
  account and I think everything is.
• 34:06
  And you don't even think about Bitcoin in dollar terms or Fiat
• 34:08
  currency terms anymore. It's just the world is priced in
• 34:10
  Bitcoin at that point. So like you know, sailors
• 34:13
  projections of whatever 1021 million by 2045 or whatever
• 34:17
  things are, I don't think they'll even be the dollars
• 34:21
  around necessarily to think like that anymore.
• 34:23
  I think the world will just be priced in Bitcoin.
• 34:25
  And so the way I look at it is how much will like a New York
• 34:28
  strip state cost in Sats at that point?
• 34:31
  How much will my rib eyes be in Sats in the 1020 years?
• 34:36
  All right, the first thing that that popped out when I, when I
• 34:38
  was like kind of prepping for the show is it's just, it's so
• 34:42
  obvious to me on this side of being a Bitcoiner, just like
• 34:46
  Bitcoiners are living in the future.
• 34:48
  You know, you guys yell at me constantly about like one
• 34:50
  Bitcoin equals one Bitcoin. You guys are Fiat Maxis because
• 34:54
  you are always talking about the price of Bitcoin in Fiat
• 34:56
  dollars. And like, you can't even price
• 34:58
  Bitcoin with something that they can print to Infinity.
• 35:01
  And I'm like, yeah, dude, I, I, I get all of that, bro.
• 35:03
  Like I'm, I'm on come 100% on board with you.
• 35:07
  But where we currently are, the best metric to understand the
• 35:12
  value of Bitcoin is in Fiat currencies.
• 35:15
  For better or worse. That's the, you know, that's
• 35:17
  where we are. As I've joked with a few of you
• 35:19
  guys on in the chat, it's like, OK, then what do we price
• 35:22
  Bitcoin in? Like 1 Bitcoin equals one
• 35:24
  Bitcoin doesn't mean anything to a normal person.
• 35:27
  It's like, do we price Bitcoin in, you know, jars of Mayo or
• 35:31
  like, you know, pounds of steak you can buy?
• 35:34
  Like what? What do we do here guys?
• 35:35
  Are, are we kind of using our own mental models to go back to
• 35:39
  bartering? Because Fiat dollars are, are
• 35:41
  are, you know, trash. It's like, no, that's the
• 35:44
  easiest metric for value that most people understand isn't
• 35:47
  Fiat dollars. But I do fundamentally agree
• 35:50
  with Doctor Jeff Ross on this, that in a long enough time
• 35:53
  frame, 1020 years from now, I do also believe that Bitcoin will
• 35:58
  be the world's metric for value. It will be what we price the
• 36:02
  world in. I always talk about the
• 36:04
  petrosat. Once we get Bitcoin or rather
• 36:07
  oil priced in Bitcoin, that's when we can fundamentally start
• 36:10
  to shift the unit of account for the world.
• 36:13
  We're not there yet. You're starting to see some
• 36:15
  inklings of this, but we're not there yet.
• 36:17
  But as Def Frost was saying, you know, when we start pricing our
• 36:21
  stakes and SAT's, you know, we really want.
• 36:23
  Now, the other interesting part about what he said and really
• 36:27
  why I wanted to bring this up is because as I keep saying, this
• 36:31
  is a generational thing. Like we're going to be doing
• 36:34
  this for the next 10, at least 10 to 20 years.
• 36:39
  And if you aren't ready to do this for the next foreseeable
• 36:42
  future for the, you know, long basically the rest of my adult
• 36:46
  life, like, what are you doing here?
• 36:49
  This is a revolution. This is a generational
• 36:52
  revolution. Though I do like his framing
• 36:55
  here and it's not, he's not the first person to say this, but
• 36:57
  when you kind of look at that model, it really kind of, I
• 37:02
  don't know, alleviates your, your time frames, your
• 37:04
  perspectives. You're like, OK, that, you know,
• 37:07
  that makes sense. 1st 10 years was collectible.
• 37:09
  The next 10 years where we're right smack dab in the middle of
• 37:12
  its store value. And then medium exchange.
• 37:15
  And I know eventually world reserve currency.
• 37:18
  And in the last couple of years there has been a big push for
• 37:22
  medium exchange on Bitcoin. It's like you need to use
• 37:25
  Bitcoin, like you need to buy things with Bitcoin.
• 37:27
  We need more merchants buying Bitcoin and while I do agree
• 37:30
  with the fundamental kind of message, we need it to store
• 37:35
  value. Hence why we constantly tell you
• 37:38
  guys or I constantly say that I think number go up in the in the
• 37:42
  short term is the most important thing about Bitcoin.
• 37:45
  Like Bitcoin has to go up for it to succeed, for it to do what we
• 37:50
  want it to do. It has to if Bitcoin just goes
• 37:53
  sideways forever. I've heard a lot of people say
• 37:55
  like, oh dude, Bitcoin can go sideways at 100K forever.
• 37:59
  And it's like, no, it can't. If it does that and they print
• 38:02
  more dollars, Bitcoin isn't even keeping up with inflation.
• 38:05
  So it has to go up. It needs to succeed the store of
• 38:09
  value phase. And yes, Bitcoin does all of
• 38:11
  the, you know, various characteristics of money, medium
• 38:14
  of exchange, store value, unit of account.
• 38:17
  It does all that at the same time.
• 38:19
  Some of us are already on Bitcoin, some of it's already
• 38:23
  are, you know, 0 Fiat bitcoins are a unit of account.
• 38:26
  We think in SAT's, you know, one Bitcoin equals one Bitcoin.
• 38:29
  Like some of us are already living in the future, but the
• 38:32
  world hasn't caught up to that yet.
• 38:34
  And in the meantime, for better or worse, we do have to deal
• 38:38
  with the Fiat system to survive. Unless you're one of those
• 38:40
  Bitcoiners that, you know, can use Bitcoin to pay their bills,
• 38:44
  their rent, their groceries, everything they want to do.
• 38:48
  If you are in a community that allows you to function and
• 38:52
  thrive on a Bitcoin standard, then you are really living in
• 38:55
  the future. But most of us are kind of, you
• 38:58
  know, fully in Bitcoin, but we still have to deal with the Fiat
• 39:02
  world. And as we're seeing this is
• 39:04
  starting to evolve, there's become a lot of Bitcoin products
• 39:07
  that you can now kind of, you know, use your Bitcoin in a way
• 39:11
  that you don't have to completely get wrecked by the
• 39:14
  Fiat system. But we're still very early in
• 39:16
  this process. So I think for this today,
• 39:20
  obviously great framework by Doctor Jeff Ross, but looking
• 39:24
  into what's going to happen in 2026, it's kind of one of those
• 39:28
  years where it's like, all right, look, whatever happens
• 39:30
  this year, maybe I got caught up in all the fervor and all the
• 39:33
  different narratives, which I am going to cover the main
• 39:35
  narratives for 2025 in a bit. I got to remember what I'm doing
• 39:41
  here. I got to remember this is a long
• 39:43
  term generational decade thing. This is a decade, 2-3 decades of
• 39:49
  us needing to be here every single day, updating our mental
• 39:53
  models, continuing to stat, continuing to get more people
• 39:56
  that are loosely aligned with our perspectives.
• 40:00
  To start to save in Bitcoin, you need to save in Bitcoin.
• 40:05
  It is very it is very simple. Actually, I was having this
• 40:09
  conversation with Luke and I wasn't going to bring this up,
• 40:11
  but we're having this conversation this morning kind
• 40:15
  of updating the four turning model.
• 40:19
  And I've been saying, and you guys know I've been, I've been
• 40:22
  talking about this constantly where like if you're a Bitcoiner
• 40:26
  in 2025, yeah, we didn't, we didn't see, you know, the
• 40:29
  parabolic purchasing power games we wanted.
• 40:33
  But I'm guessing you weren't really struggling.
• 40:36
  You I'm, I'm guessing if you were saving in Bitcoin, maybe
• 40:40
  mentally you, you felt the pain. But when it came to your, your
• 40:43
  financial health, I don't think you were struggling like a lot
• 40:47
  of people that are still completely locked into the Fiat
• 40:51
  system. And I think if you look at this
• 40:54
  from that perspective, what did we see all of 2025?
• 40:58
  It seemed like the Fiat world, like the the average person, the
• 41:01
  normie, not a bitcoiner, is finally waking up to everything.
• 41:05
  They're in that initial stage of waking up and realizing they got
• 41:09
  handed a bad hand. But big corners, we've
• 41:12
  understood this for a long time. 2025 for us was more of like,
• 41:16
  see, I told you so. I told you that this was going
• 41:19
  on. And so we are seeing like a fork
• 41:22
  in the road right now. You're either a big corner, a
• 41:24
  sovereign individual, you know, getting your information not
• 41:28
  from the corporate press. And maybe you're not necessarily
• 41:31
  thriving on the rocket ship, but you can start to see it breaking
• 41:35
  away. You know, you're starting to see
• 41:37
  the fruits of your labor. You're starting to see, hey, my
• 41:39
  life is getting better while everyone around me is getting
• 41:42
  worse. While they're getting more
• 41:43
  upset, you know, they're getting more flustered.
• 41:46
  They want to protest. They're angry about these
• 41:48
  institutions. They're angry about the fraud
• 41:50
  and the corruption as bitcoiners are sitting here like, yeah, you
• 41:53
  know, I've, I've literally been telling you guys this for years.
• 41:56
  This is why I became a bitcoiner in the first place.
• 41:59
  And so it does seem like there is a fork in the road right now.
• 42:03
  You're either a bitcoiner, you're either doing the research
• 42:06
  for yourself, you're either looking at alternative news.
• 42:10
  You're, you know, really trying to opt out of the Fiat system.
• 42:13
  You're trying to deleverage yourself from the Fiat system as
• 42:16
  much as possible, or you're just, you're just on the
• 42:20
  nosedive with the Fiat currencies.
• 42:22
  You're just like, hey, you know, buckle up.
• 42:24
  The plane is crashing type stuff.
• 42:26
  You're angry, but you don't know that there's a solution, which
• 42:30
  is one of my favorite things to say.
• 42:32
  Like most people just don't understand that Bitcoin is the
• 42:36
  solution to the problem. It seems too simple.
• 42:39
  It seems almost naive when you're like, hey, look, your
• 42:41
  life sucks. I I get it.
• 42:43
  You can't pay your rent. You're living paycheck to
• 42:46
  paycheck. You know, you're, you're doing
• 42:49
  payment plans on your burrito, bro, but you should really be
• 42:52
  buying Bitcoin. And they're like, bro, I can't
• 42:54
  even survive right now. I have no excess.
• 42:57
  And it really, my heart really goes out to everyone.
• 43:00
  I'm like, man, you know, I was even thinking this morning and
• 43:03
  last night, I'm like, OK, you know, how can I cut back on my
• 43:06
  expenses so that I can stack more Bitcoin than I did last
• 43:10
  year? And I'm like, oh, you know, I
• 43:11
  could cut down on here and here. I was literally thinking of that
• 43:14
  last night, like, oh, you know, I could cut down here, here and
• 43:17
  here and stack more Bitcoin and I'll be better off in the
• 43:20
  future. But most people won't even
• 43:22
  consider that idea. They're like, Nah, those bit
• 43:24
  corners are dumb. You know, there's much bigger
• 43:27
  problems. Fixing the money is not going to
• 43:30
  fix the world. And and from our perspective,
• 43:33
  it's like, look, it's not going to fix everything in the world.
• 43:35
  But our main problem right now, or rather the source, the root
• 43:39
  of all of our problems comes from the fact that they can have
• 43:44
  the unlimited money printer just print up money, you know,
• 43:48
  magically make dollars appear and then start throwing that at
• 43:52
  all this stuff that we do not like, that doesn't benefit us.
• 43:55
  That is completely detached from reality.
• 43:59
  It's really a simple choice. You either start saving in
• 44:02
  Bitcoin, your life is going to steadily improve, or you go down
• 44:06
  metaphorically down with the ship on Fiat.
• 44:09
  They're telling us what's going on.
• 44:10
  Again, your purchasing power. If you are a dollar maxi, Fiat
• 44:14
  cash maxi, you've lost 10% of your purchasing power.
• 44:17
  That means your life just got 10% harder, in my opinion.
• 44:21
  Your expenses just got 10% more. You need to save in something
• 44:25
  that they cannot print, whether that means you're buying gold or
• 44:28
  silver. I mean, technically you can
• 44:30
  always find some more gold and silver as long as you're in
• 44:33
  sound money or at the very least as long as you're in assets.
• 44:36
  At this point, you know, you're you're starting to move in the
• 44:39
  right direction. But the end goal, the end game
• 44:42
  is always ending up in Bitcoin, full stop.
• 44:46
  And once you get your dollars, your hard earned labor, your
• 44:49
  hard earned time into Bitcoin, you can finally chill at the end
• 44:53
  of the finish line and be like, ah, all right, you know, panic
• 44:56
  averted. I'm safe, everything is good.
• 44:58
  I think that's how most of us bitcoiners look at this game.
• 45:02
  It's you don't feel safe until it's in Bitcoin or further, you
• 45:05
  don't feel safe until it's in Bitcoin in cold storage and you
• 45:09
  get that notification that, OK, my Bitcoin has confirmed it's
• 45:12
  real Bitcoin. I'm chilling.
• 45:15
  It's just a mental switch going on.
• 45:17
  And I think more people are primed to make that mental shift
• 45:22
  because of what we saw in 2025. Now they're going to be upset.
• 45:26
  You know, there's going to be some pain there.
• 45:28
  There's going to be some crying. You know they're going to fight
• 45:30
  you. But it's our time.
• 45:33
  It's our time to show people why Bitcoin was created, why they
• 45:37
  need to save in Bitcoin, how this will improve their life.
• 45:40
  It's not so much about the monetary history.
• 45:42
  It's not so much about the technicals.
• 45:44
  It's about. Hey use.
• 45:46
  This thing to live a better life, that's the sell because I
• 45:51
  think we're starting to see bitcoiners are doing very well.
• 45:55
  Yes, we didn't have the best year ever, but we're doing,
• 45:57
  we're not panicking here. You know, we're not really
• 45:59
  struggling. We're kind of just chilling.
• 46:01
  We're kind of just chilling. All right, guys, I do want to
• 46:04
  cover this grease story. It's a little different than
• 46:07
  what I'd normally do, but it's almost like the the world is
• 46:12
  healing a little bit. It's almost like it's healing
• 46:14
  all right. Anyways, I'll be right back.
• 46:18
  I want to give a shout out to our partner Let In, the leader
• 46:21
  in Bitcoin Back Loans unlock the liquidity in your Bitcoin
• 46:25
  without having to sell your Bitcoin.
• 46:27
  They've issued $9 billion in loans to over 10,000 customers
• 46:32
  since 2018. I absolutely love these guys.
• 46:35
  Not only do I have an account with them, but I also have a
• 46:37
  loan. And what I love about them is
• 46:39
  that there are no monthly payments and you could pay back
• 46:42
  the loan at any time. As soon as you send your Bitcoin
• 46:45
  as collateral, you'll have cash in your account within 20 4
• 46:48
  hours. Over 1005 star customer reviews
• 46:52
  and they've never lost a single dollar or sat of customer money.
• 46:56
  Go to learn dot leaden dot IO slash simply today and you'll
• 47:01
  get .25% off your first loan. I want to give a shout out to
• 47:05
  our partnersat123.com. Sovereignty isn't just about
• 47:10
  your money, it's about your communications too.
• 47:12
  When the grid goes down, most people go dark.
• 47:15
  Cell towers fail and hurricanes, cyber attacks and blackouts the
• 47:18
  satellite phones. They don't rely on local
• 47:20
  infrastructure. Iridium has 77 satellites in
• 47:24
  orbit, giving you a Direct Line anywhere in the US, even
• 47:27
  offshore. If you hold your own Bitcoin
• 47:29
  keys, you should hold your own comstoosat123.com also has
• 47:34
  everything you need need to start building your Bitcoin.
• 47:36
  Citadel, Starlink, battery backups, Faraday bags to protect
• 47:40
  your hardware wallets and much much more.
• 47:43
  It's a one stop shop for anyone serious about resilience and off
• 47:47
  grid independence. Stay connected, stay
• 47:49
  independent, stay software. Go to sat123.com/simply today
• 47:54
  and use promo code simply to get 15% off anything on the store.
• 47:59
  I want to give a shout out to our partner Bitkey.
• 48:01
  If you already self custody your Bitcoin, you know the deal with
• 48:04
  hardware wallets by now. Complex setups, clumsy
• 48:07
  interfaces and a seed phrase that can be lost, stolen or
• 48:11
  forgotten. Bit Key fixes that.
• 48:14
  Bit Key is a multi sig hardware wallet built by the team behind
• 48:17
  Square and Cash Out. It packs a cryptographic
• 48:21
  recovery system and built an inheritance feature into an
• 48:24
  intuitive, easy to use wallet with no seed phrase to sweat
• 48:28
  over. It's simple, secure self custody
• 48:31
  without the stress time names Bit Key.
• 48:33
  One of the best inventions of 2024 get 20% off at bitkey dot
• 48:38
  world. That's BITKEY dot world with the
• 48:43
  code simply. All righty then, boys, mainly
• 48:52
  boys and some girls. Here is this story.
• 48:57
  So this came out, this actually came out a couple of days ago,
• 49:02
  obviously because it's not necessarily Bitcoin related that
• 49:05
  it kind of slipped under my radar.
• 49:07
  But I, I think, I think it's a strategy of what they're doing
• 49:12
  that when you compare it to what the US is doing is very
• 49:16
  interesting. So Greece pays EU creditors
• 49:19
  ahead of schedule to boost market confidence.
• 49:23
  Very interesting from a financial stability standpoint.
• 49:28
  So Greece's early repayments of its first bailout loans
• 49:31
  underscores an important turn around, cutting future interest
• 49:34
  costs and accelerating debt reduction as the country seeks
• 49:37
  to strengthen market confidence. So, of course, if you weren't
• 49:42
  sleeping under a rock, I think everyone is is vaguely familiar
• 49:47
  with the Greek economy blowing up.
• 49:50
  You know, they got bailed out. It was the start of all the pain
• 49:54
  we felt when I became an adult around 2008.
• 49:57
  Well, you know, they took a lot of loans out.
• 50:00
  And now they are paying their debt back ahead of schedule
• 50:05
  literally by years. And I think the big take away
• 50:08
  here and actually shots at the jet crews for kind of pointing
• 50:11
  it out. He's like, the lesson for 2026
• 50:13
  is do what Greece is doing, which is eliminate your debt and
• 50:16
  pay off what you what you have outstanding because you don't
• 50:21
  want to get into a position right now where you have
• 50:24
  outstanding debt. So Greece completed an early
• 50:27
  repayment of €5.3 billion in loans from its first eurozone
• 50:30
  bailout program this week. The settlement of the debt,
• 50:33
  originally scheduled to mature after 2031 or even into the 20
• 50:37
  forties, marks a positive step in Greece's decades long effort
• 50:41
  to stabilize its public finances.
• 50:44
  Of course, in 2010 they blew up, right?
• 50:50
  What's that? What's that?
• 50:51
  Well, you know, a global thing for us.
• 50:54
  So Greece lost access to financial markets in 2010, and
• 50:58
  the loan facility prevented the country from default, defaulting
• 51:01
  immediately, limiting risk to other EU members.
• 51:05
  Between late 2009 and 2018, Greece suffered a severe
• 51:09
  sovereign debt crisis triggered by years of fiscal
• 51:11
  mismanagement, large deficits and weak economic
• 51:14
  competitiveness. The crisis necessitated 3
• 51:17
  international bailouts and Greece bailouts unfolded in
• 51:20
  phases. They're no longer active in the
• 51:23
  lending facility. But as you can see now, since
• 51:27
  2023, Greece has restored investment grade credit rating
• 51:30
  for major agencies, reflecting improved fiscal performance and
• 51:34
  institutional stability. In turn, this has helped to push
• 51:37
  down borrowing costs. And then there's of course, you
• 51:41
  know, debate over whether this is a smart move.
• 51:44
  Obviously, the Keynesians out there are like they should have,
• 51:47
  they should have invested that money instead of repaying.
• 51:50
  They're losing out on stuff. From their, the government's
• 51:53
  perspective, they're like, look, we, we paid 5.3 billion off EUR
• 51:58
  of loans, which means we've cut about $1.3 billion of loan
• 52:02
  interest. It seems like a smart move.
• 52:05
  Now, obviously not necessarily putting it in Bitcoin terms yet,
• 52:10
  but we did see some very interesting stuff come out of
• 52:13
  the Fed, which I would argue is the complete opposite angle
• 52:17
  here. So Greece, of course was one of
• 52:20
  the epicenters of the last financial crisis in 2010.
• 52:25
  Obviously 2008 to 2010 is where things got very rocky.
• 52:29
  They had to take a loan out because of their, their
• 52:33
  financial mismanagement. Well, it looks like now they're
• 52:37
  flipping the script here instead of continuing down to Keynesian,
• 52:41
  just take out as much debt as possible.
• 52:44
  You know, print the money, like just inflate your debt away.
• 52:48
  They're doing the opposite. They're like, look, I'm, I'm
• 52:51
  tired of paying debt. I'm tired of these interest
• 52:54
  payments. I'm going to start paying this
• 52:56
  off ahead of schedule by 5 or 6 years, maybe four or five years,
• 53:00
  which you can argue is completely 180 away from
• 53:04
  financial mismanagement. Excuse me, it is, you know, very
• 53:08
  prudent financial management, which I think is kind of the,
• 53:13
  the, the lesson here, the, the kind of take away from what is
• 53:17
  going on. I, I don't think currently on a
• 53:20
  personal, individual level that you should be over leveraging
• 53:25
  yourself, taking up more debt than you need to.
• 53:28
  Yes, they're going to inflate the debt away, but personally,
• 53:31
  you probably not where you want to be, especially when you start
• 53:35
  to consider that the US is doing the complete opposite.
• 53:38
  We saw Japan kind of shift their perspective from, you know, the
• 53:42
  risk free lender of the world to now, oh shit, we have to raise
• 53:46
  interest rates. We're going to inject liquidity.
• 53:49
  So one of my favorite kind of conspiracy theories or or
• 53:54
  tinfoil hats or kind of Bitcoin lore is the idea that the reason
• 53:58
  Satoshi Nakamoto picked the name Satoshi Nakamoto as his
• 54:02
  pseudonym to create Bitcoin under was because it was kind of
• 54:07
  a nod to the US or to the Western world.
• 54:10
  And be like, if you don't figure out your debt problem, your
• 54:12
  money printing problem, you will become Japan.
• 54:16
  Of course, that was 17 years ago.
• 54:18
  And Japan has been able to be running the, you know, running
• 54:22
  on fumes for the last 17 years. But the the shit has finally hit
• 54:26
  the fan. And that's what we saw happen in
• 54:28
  2025. Now, part of that kind of lore
• 54:32
  was, hey, if the US doesn't figure out its spending problem,
• 54:36
  it will become Japan. Well, Japan just hit that wall.
• 54:40
  Now, does that mean the US will have 17 years to figure it out
• 54:44
  or because everything is more intertwined that it might
• 54:48
  unravel a lot faster? And that's really the big
• 54:52
  question here in the global markets is can they paper over
• 54:57
  the fundamental cracks in the Fiat system?
• 55:00
  And we are starting to see those cracks happen because over the
• 55:04
  weekend, we saw that the Fed injected, what is it, 74 billion
• 55:11
  into the overnight repurchase agreement, which in context, if
• 55:15
  you look back here, isn't as crazy as what we saw in 2020
• 55:20
  with, you know, $152 billion. But it is kind of the start of
• 55:26
  right before 2020 when, of course, we got locked down.
• 55:32
  They had to print an obscene amount of money.
• 55:35
  This I think is a precursor of where we are going.
• 55:38
  So look, if 2026 kind of plays out like we've seen in the past
• 55:43
  and this just got in the buzzer and 2025 was a 2019 year or a,
• 55:49
  a, a corollary to the 2019 year. Does this mean that 2026 is when
• 55:54
  things get really crazy and the liquidity just gets turned on?
• 56:00
  I do want to look at the M2. I'm going to look at it live
• 56:03
  with you guys because I forgot to pull this up this morning.
• 56:06
  Let's see, we'll do the M2 for the United States 10 year here.
• 56:13
  Let me let me is this up? Is this up the right one up?
• 56:17
  We do. OK, so you can see, you know,
• 56:20
  here is a 2008 financial crisis. Didn't do too much, right?
• 56:26
  And then, oh, this one's the old one.
• 56:28
  This one, This 1 ended in 27. This 1 ended when things
• 56:31
  actually got interesting. We'll go to this one.
• 56:34
  OK, so here we are, Max. Let's go Max, so you can see all
• 56:41
  the inflection points 2001 the.com bubble, 2008, the great
• 56:46
  financial crisis, this little hockey slip sliver, hockey stick
• 56:50
  sliver is 2020. And again, we are at all time
• 56:55
  highs for the M2 liquidity right now.
• 57:00
  So look, I think it's becoming very clear they cannot stop this
• 57:05
  trend. The liquidity is coming back on
• 57:07
  board. Now does that necessarily mean
• 57:08
  it's going to end up in Bitcoin right away?
• 57:11
  No, I don't think so. But what we are seeing in the
• 57:14
  repo markets right now is the Fed is injecting liquidity into
• 57:18
  it. They have to inject liquidity
• 57:20
  into it. And then if you really kind of
• 57:22
  combine that with what's going on in the silver markets, it
• 57:25
  looks like they're trying to crush silver.
• 57:27
  So as the rumors have been the last couple of days, it seems
• 57:32
  like there might have been some very big banks on the wrong side
• 57:36
  of silver shorts and they had to inject liquidity to kind of, you
• 57:41
  know, silently bail them out. Now we won't know if that is the
• 57:46
  case, then obviously I don't think we'll go bankrupt.
• 57:49
  But I do think they'll probably get rolled into like JP Morgan
• 57:52
  or something like that. It'll they'll get the big banks
• 57:55
  will get rolled into the even bigger banks.
• 57:57
  So very interesting stuff going on in the more trad FI markets
• 58:01
  right now, which I think is really kind of showing you the,
• 58:06
  the dichotomy. Here we have Greece, which was
• 58:10
  the, they, they probably learned their lessons from the last time
• 58:13
  that they caused the great financial crisis or was rather
• 58:17
  blown up around that time. They're starting to make smarter
• 58:21
  financial moves. And here in the US and in Japan,
• 58:26
  I guess Japan's starting to wake up and they're making better
• 58:29
  moves. You could argue maybe they're
• 58:31
  not depending on your view, but I think it's it we're starting
• 58:35
  to, you should be starting to ask the question, will the
• 58:40
  Federal Reserve start to make smarter moves?
• 58:45
  And how do you position yourself for that?
• 58:48
  And how do you position yourself for the opposite of them not
• 58:52
  making smarter moves and continuing down the same path
• 58:55
  that they've been on? Obviously, I think from our
• 58:59
  perspective, the solution is very simple.
• 59:03
  You start to save in something that they cannot print, which is
• 59:06
  of course Bitcoin. You need to start saving in
• 59:10
  Bitcoin like your life depends on it.
• 59:13
  I know that's hyperbolic, but it's true.
• 59:17
  You need sound money. That's the full stop of this.
• 59:20
  And I think Bitcoin's the best money.
• 59:22
  I think Bitcoin's going to take over the next 5-10, twenty
• 59:24
  years. I think it's Bitcoin's time to
• 59:26
  shine. Yes, 2025 was our last year,
• 59:29
  wasn't what we thought it was going to be.
• 59:31
  It was a transitional year. Things were changing.
• 59:33
  But now we are in a new era where I think Bitcoin will start
• 59:37
  to see its star rising. It's going to take its spot as
• 59:41
  the best money moving forward from here on out.
• 59:44
  First we got a, we got a dethrone goal and then we're
• 59:48
  going for the rest of it baby and then we're going for the
• 59:50
  rest of the market. So that's kind of my views on
• 59:53
  what we're going on right now. And then right now to end the
• 59:58
  show, I do want to kind of go back and look at all the
• 1:00:01
  different trends for 2025. And there is some, you know,
• 1:00:05
  some takeaways for this for us big corners that are perpetually
• 1:00:08
  online. But one last commercial break
• 1:00:11
  and I will be right back. I want to give a shout out to
• 1:00:15
  our partner Hive Digital Technologies.
• 1:00:17
  Fueled by clean energy, Hive has quadrupled its global Bitcoin
• 1:00:22
  mining footprint and channels that same scale into high
• 1:00:26
  performance compute, where their AI cloud is now ranked number
• 1:00:30
  one in the world for network performance.
• 1:00:33
  At Hive, you've got dual engines, Bitcoin and AI humming,
• 1:00:37
  roaring, accelerating and unison.
• 1:00:40
  They're lean and mean, they're green and clean, and they're
• 1:00:42
  rewriting the playbook on sustainable digital
• 1:00:46
  infrastructure. You can catch the latest buzz at
• 1:00:49
  Hive Digital Tech or at Hive digitaltech.com.
• 1:00:53
  I want to give a shout out to our partner Bitcoin Ben dot IO.
• 1:00:56
  If you're into freedom Bitcoin and building a real community,
• 1:01:00
  this is for you. Gain exclusive access to real
• 1:01:03
  world members only private clubs across the globe featuring poker
• 1:01:08
  nights, expert LED classes, Co working spaces, educational
• 1:01:13
  meetups, live events and more. Current locations include
• 1:01:17
  Sarasota, Nashville, Boston, Dallas, Las Vegas and Saint
• 1:01:21
  Louis, with new clubs launching soon in West Palm Beach,
• 1:01:25
  Scottsdale, Alabama and beyond, not to mention Bitcoin Bends
• 1:01:30
  Resorts and El Salvador. There's three of them and
• 1:01:33
  they're absolutely beautiful. You'll also get access to the
• 1:01:37
  first fully backed Bitcoin bank with Fiat ramps and savings
• 1:01:42
  account. It's called private KeyBank and
• 1:01:45
  you guessed it, it's based out of El Salvador.
• 1:01:48
  Go peer-to-peer with Bitcoin bulk buys, tap into home equity
• 1:01:53
  for long term Bitcoin growth and join their exclusive mining
• 1:01:56
  pools. If you're interested in mining,
• 1:01:58
  what are you waiting for? Head over to Bitcoin bend dot
• 1:02:01
  IO. Join today where Bitcoin meets
• 1:02:04
  freedom. All right, all right, all right,
• 1:02:11
  all right, all right, all right. All right.
• 1:02:18
  Anyways, anyways, anyways, yeah, yeah, All right.
• 1:02:21
  So shouts out to our boy Fernando.
• 1:02:25
  He's been on the show. This is his Twitter account BTC
• 1:02:28
  Perception, where he kind of maps the various narratives
• 1:02:34
  around Bitcoin, trying to give people high signal stories and
• 1:02:40
  not only Bitcoin stories, but what is getting the most amount
• 1:02:45
  of not just engagement baiting, but like what is the
• 1:02:48
  conversation about? And I think this year there,
• 1:02:52
  there has been a huge, I think misunderstanding of what are the
• 1:02:59
  biggest kind of headlines outside of our echo chamber and
• 1:03:04
  what is necessarily kind of shaping the narrative around
• 1:03:08
  Bitcoin. And I saw this, I was going to
• 1:03:10
  do do this a couple of days ago, but you know, it, it, it's
• 1:03:16
  still, it's still in time, it, it's still in vogue, I guess.
• 1:03:19
  So BTC perception on Twitter goes these Bitcoin narratives
• 1:03:23
  capture the attention in 2025. So let's look at them.
• 1:03:28
  We have MicroStrategy and Sailor, I think extremely
• 1:03:31
  obvious, you know, Sailor stacked an unbelievable amount
• 1:03:35
  of Bitcoin, I think finally getting up to like 7% of all
• 1:03:38
  Bitcoin supply if if I remember the numbers correctly.
• 1:03:41
  And then of course, Trump at the beginning of the year.
• 1:03:43
  And so look you for the audio listens, you'll you'll see kind
• 1:03:47
  of their, you could call it like a grasp, you know, it's it's
• 1:03:50
  almost looks like the price, the price action here.
• 1:03:53
  And I'm guessing, you know, January here to December.
• 1:03:58
  And you can start to see when they were more active and how
• 1:04:02
  they kind of related to other stuff.
• 1:04:04
  Of course, Trump in the very beginning of the year was one of
• 1:04:08
  the biggest narratives around Bitcoin in 2025.
• 1:04:11
  Whether you loved him or hate him or you thought it was good
• 1:04:13
  or bad, it did definitely revolve around Trump embracing
• 1:04:18
  Bitcoin and everything they're doing with Bitcoin and shit
• 1:04:21
  coins. Now this one's kind of
• 1:04:23
  interesting mining cause from our perspective, whenever we
• 1:04:25
  talk about Bitcoin mining, you guys tune out.
• 1:04:28
  You guys don't want to see it, but from a corporate press, they
• 1:04:32
  love the mining stuff and you can see it only picked up, you
• 1:04:36
  know, continue to pick up until the end of the year.
• 1:04:38
  Because I, I think there is a lot of interesting stuff going
• 1:04:41
  on with hash rate right now. And, and everyone's wondering
• 1:04:43
  like is this is, is this when we see the Bitcoin price start
• 1:04:47
  running? Then of course, Bitcoin ETFs,
• 1:04:50
  again, one one of the bigger news stories throughout the
• 1:04:53
  year, the amount of inflows, the amount of outflows, whether they
• 1:04:56
  were launching ETFs, whether they didn't.
• 1:05:00
  It is interesting that it picked up towards the end of the year
• 1:05:03
  because I think that was probably due more to we saw a
• 1:05:06
  lot of outflows coming from the ETFs, though at the same time,
• 1:05:11
  you know, we'll see a lot of inflows.
• 1:05:13
  So it's very interesting that it was more popular towards the end
• 1:05:16
  of the year. Personally, it felt like it was
• 1:05:18
  more popular during the beginning of the year.
• 1:05:20
  Anyways, all time high, record high.
• 1:05:22
  I think you can you can see these spikes here exactly and
• 1:05:25
  know exactly when those all time highs happen.
• 1:05:28
  This is what I forgot. What?
• 1:05:30
  When was it March? This one's obviously October.
• 1:05:33
  I think this one was around June.
• 1:05:36
  I I don't even remember when Bitcoin hit all time high before
• 1:05:39
  October 'cause it felt like it never was doing anything but
• 1:05:43
  that. That one speaks for itself.
• 1:05:46
  The SEC or Gary Gensler? Gary Gensler was in the news a
• 1:05:49
  little bit this year. I kept trolling that he's coming
• 1:05:52
  out of the full Bitcoin maxi, but obviously the SEC had a very
• 1:05:56
  positive take on Bitcoin throughout 2025.
• 1:06:00
  Now crash and plunge. It was honestly, it was silent
• 1:06:04
  all year long until the October top.
• 1:06:07
  The October top happened and guess who was out there saying
• 1:06:10
  Bitcoin's crashing, it's plunging, it's over.
• 1:06:13
  I forget Jamie Dimon, he was the one backing all this up.
• 1:06:18
  Strategic Bitcoin Reserve. Again, the beginning of the year
• 1:06:23
  was huge on Bitcoin reserves, strategic reserves, whether
• 1:06:26
  that's from the federal government, the state level, or
• 1:06:30
  even on the corporate level. Towards the end of the year, it
• 1:06:34
  completely fizzled out, which is why I kept saying I'm like,
• 1:06:37
  look, we're not seeing any action coming from the US,
• 1:06:40
  though we saw it come from the states.
• 1:06:43
  I think officially now we're at like 4, but that narrative just
• 1:06:48
  completely, just completely got naked.
• 1:06:50
  Of course, BlackRock has been dominating all year long.
• 1:06:53
  Then we got fraud and scams. Of course they're going to roll
• 1:06:55
  out the fraud and scams. Oh, we're starting to put some
• 1:06:58
  of those sagas behind us. AKA, you know, the FTX stuff is
• 1:07:03
  Sam Bakeman freed is, is in jail.
• 1:07:07
  Hopefully, you know, actually I'm not, I'm not going to say
• 1:07:09
  that, but we've seen a lot of fraud stuff around Bitcoin.
• 1:07:12
  The Lightning Network shouts out to my boy Jesse from Ambos.
• 1:07:17
  Dude, Lightning Network is killing it right now.
• 1:07:21
  The Lightning Network has really been the unsung hero of 2025.
• 1:07:26
  While there's been a lot of narratives, the boys building
• 1:07:30
  lightning, you know, doing the coding, the developers that are
• 1:07:33
  creating the lightning products, dude, they were under the radar
• 1:07:38
  all year long and really, really saw some, some really cool stuff
• 1:07:45
  in Lightning that I think is really securing Lightning as the
• 1:07:50
  de facto way to scale Bitcoin. Now, obviously it's not perfect,
• 1:07:55
  but I think if you, if you look into some of the more recent
• 1:07:59
  lightning news, I, I think you'd be pleasantly surprised where
• 1:08:02
  they, where they were all year long.
• 1:08:04
  And it really goes into kind of the, the Bitcoin ethos of just
• 1:08:08
  like keep your head down and code.
• 1:08:10
  And yeah, they don't get that much fanfare.
• 1:08:13
  It doesn't get the headlines. But they built it.
• 1:08:16
  They built in 2025. They just shut up and built.
• 1:08:20
  So shouts out to everyone over building on Lightning.
• 1:08:24
  You know, shouts out to my personal friend Justifer.
• 1:08:26
  He's, he's been covering this incredible work over on the
• 1:08:29
  Lightning Network. Of course, 100K milestone,
• 1:08:32
  beginning of the year in the middle, you know, first part of
• 1:08:36
  the year we got 100K and then of course in October when we hit
• 1:08:39
  100K. Then hacks and thefts.
• 1:08:41
  There was a lot of hacks, there's a lot of thefts.
• 1:08:45
  Does obviously get the headlines trying to scare you away.
• 1:08:48
  El Salvador had a little bit of action in the beginning of the
• 1:08:50
  year and then quantum computing speed up towards the end of the
• 1:08:54
  year. Anyways, I didn't mean to go
• 1:08:56
  through all of it, but there is probably a stark omission here.
• 1:09:01
  If you're a Bitcoiner, you're like, I thought the biggest news
• 1:09:03
  in Bitcoin was core versus knots.
• 1:09:06
  Well, how about this surprise not to see the core knots was
• 1:09:09
  here and they just retweet core versus knots.
• 1:09:12
  Bitcoin existential crisis of 2020, 591.7% contained to
• 1:09:17
  Bitcoin slash or Bitcoin Twitter slash X8 point 3% everywhere
• 1:09:22
  else combined. Your timeline is not reality,
• 1:09:26
  which is one of the, I think probably a bigger message here
• 1:09:31
  than what was, you know, really talked about in Bitcoin.
• 1:09:36
  You guys were lecturing me all year long.
• 1:09:39
  You're like, I'm not going to watch the show.
• 1:09:40
  You guys aren't covering Corvor's knots enough.
• 1:09:43
  I'm like, dude, we've covered it.
• 1:09:44
  We covered it like 6 times. I, I can't keep talking about
• 1:09:47
  the same stuff. Well, I can, but in regards to
• 1:09:52
  Corvor's knots. But I think it just like that
• 1:09:56
  last point is the most poignant, like your timeline is not
• 1:09:58
  reality. And when you do unplug from what
• 1:10:02
  you see in the echo chamber, you start to realize like most
• 1:10:04
  people don't know what we're talking about.
• 1:10:06
  They don't know what matters to us.
• 1:10:09
  Hence why I kind of shifted tune towards the end of the year and
• 1:10:12
  was like, I think the biggest attack on Bitcoin is coming from
• 1:10:15
  Wall Street. And most people weren't really
• 1:10:18
  talking about that at the time. Obviously, that was when we saw
• 1:10:21
  the Bitcoin treasury company struggling.
• 1:10:23
  We saw JP Morgan attacking Bitcoin.
• 1:10:27
  You know, we saw Larry Fink being pretty bullish on Bitcoin,
• 1:10:30
  but I think the biggest attack and I, I think I might be proven
• 1:10:35
  right now, you know, entering 2026.
• 1:10:37
  So the biggest attack on Bitcoin was from Wall Street.
• 1:10:40
  The institutions, whether it was, you know, the Jane St.
• 1:10:43
  algorithm trading, whether it was the fighting of Bitcoin so
• 1:10:47
  that they could scoop up lower, whether it's incentivizing ways
• 1:10:51
  for you to give up your keys. I think the bigger attack was
• 1:10:54
  coming from Wall Street all year long.
• 1:10:57
  You could even argue that maybe the FUD around court versus not
• 1:11:02
  was, you know, some form of institutions trying to Co-op
• 1:11:06
  Bitcoin. Not going to go too deep into
• 1:11:09
  that. But it's very interesting when
• 1:11:11
  you objectively step back on the Bitcoin narratives and you start
• 1:11:16
  to see, oh, you know, what are people thinking, feeling and
• 1:11:21
  talking about around Bitcoin? And some of those might have
• 1:11:24
  surprised you. So that's it for me today, guys,
• 1:11:29
  it is Friday. As you can tell, I'm not fully
• 1:11:33
  back yet. My, my voice is still messed up.
• 1:11:36
  I, I'm still kind of stuffy over here.
• 1:11:39
  So hopefully on Monday I'm probably going to keep it pretty
• 1:11:42
  chill all weekend. Hopefully I can get over
• 1:11:45
  whatever this bug is. I, I think when I went home, it
• 1:11:49
  was cool. It was drier.
• 1:11:52
  I got off the plane to Miami. It was hot, it was humid and
• 1:11:55
  then in the last couple of days down here, it got cold.
• 1:11:58
  So I'm I'm still dealing with my, you know, whatever is going
• 1:12:01
  on here. But anyways, enough of me.
• 1:12:04
  I love you guys. I appreciate you guys.
• 1:12:08
  Let's let's lock in for 2026. All right, We are locking in for
• 1:12:13
  2026. We are not dooming, we're not
• 1:12:19
  getting complacent. We're stacking.
• 1:12:22
  We're storing our Bitcoin in cold storage.
• 1:12:25
  We'll continue to spread the Bitcoin propaganda because the
• 1:12:29
  Fiat world's propaganda is an OverDrive and we got to fight
• 1:12:33
  fire with fire. Anyways, as always, it's a
• 1:12:38
  weekend. Get some sun, eat some good
• 1:12:40
  food, hang out with your loved ones, or at the very least call
• 1:12:43
  your loved ones. So those are the things that
• 1:12:46
  matter. And if also, hey, if you're
• 1:12:47
  getting paid today, probably stack some sets, I wouldn't be
• 1:12:51
  surprised if it starts ripping on us guys.
• 1:12:53
  All right, peace out boys and girls.
• 1:12:55
  I will see you on Monday. Today's episode was brought to
• 1:13:01
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:13:05
  mission to enable financial independence.