Latest / Simply Bitcoin / Bitcoin OG Predicts The Bull Run Is JUST Starting (PREPARE NOW) | EP 1207

Transcript

Bitcoin OG Predicts The Bull Run Is JUST Starting (PREPARE NOW) | EP 1207 · Simply Bitcoin

• 0:01
  Yo Bitcoin OG Arthur Hayes has just made a massive prediction
• 0:05
  declaring that the Bitcoin bull run is not over and 77 K was
• 0:11
  probably the bottom. Let me know if you guys agree
• 0:14
  let us know in the comments. With QT potentially offering and
• 0:18
  ending at on April 1st, a lot of people are beginning to
• 0:22
  speculate whether where is the Bitcoin bull run headed next?
• 0:27
  As Bitcoin is rebounding strongly this week, some people
• 0:31
  are beginning to believe in the predictions that Arthur Hayes
• 0:34
  made. Also, the mysterious Josh Mandel
• 0:38
  absolutely hit the nail on his head on the head with the 84K
• 0:43
  call and remember his next prediction is 440K Bitcoin later
• 0:50
  this year. So I don't know, let us know
• 0:52
  what you guys think. Is the Bitcoin bull run over?
• 0:55
  Is it just getting started? So many things to unpack today.
• 0:59
  We also have a video of President Donald Trump at the
• 1:02
  first, let me get this correctly.
• 1:05
  At the first Digital Asset Summit, it seems like he zoomed
• 1:08
  in. So we have a video of that to
• 1:10
  play for you guys. And of course, we're going to be
• 1:13
  talking about Europe. Seems like Europe is taking the
• 1:16
  exact opposite direction that the United States is heading.
• 1:20
  They want to double down, they want to triple down, they want
• 1:22
  to quadruple down on central bank digital currency.
• 1:25
  So we definitely have to pay attention to what they're doing
• 1:27
  over there and it's going to be a great show.
• 1:30
  Anyways, guys, no more delay. Let me bring up my legendary Co
• 1:33
  host who's always optimistic optimist fields.
• 1:36
  And of course we got Brad Mills in the house.
• 1:39
  In my opinion, the best beard in Bitcoin.
• 1:43
  Hello gentlemen, How you guys doing?
• 1:46
  Well, honestly, Nico, I was going to wait for this, but
• 1:48
  let's get this over with. I'm a little I'm a I'm a little
• 1:51
  devastated this morning because I'm getting whooped in March
• 1:54
  Maxi madness. So I need every single one of
• 1:57
  you guys to go vote for me and not sailor.
• 1:59
  I am dropping it in the chat. Let's let's pump these numbers.
• 2:02
  Let's let's get a let's get a pump over here, Nico.
• 2:04
  Absolutely guys, if you guys are enjoying the show so far, make
• 2:07
  sure to smash that like button. Help us break 100 likes within
• 2:11
  the 1st 10 minutes of the show. Anyways, guys, let's jump
• 2:14
  straight into the news. What are we talking?
• 2:16
  About today, so let me pull it up.
• 2:18
  Here we go. So Arthur Hayes says we are
• 2:22
  making lower lows in this current wave.
• 2:25
  I was tempted to add risk this morning, but looking at this
• 2:28
  price action, I think we have one more violent wave down below
• 2:32
  80 K most likely over the weekend.
• 2:34
  Then crickets for a while. Hold on to your butts.
• 2:37
  And then one of his recent things that he came out
• 2:41
  recently, he said Jay Powell, Jay Powell delivered, Jay Powell
• 2:47
  delivered QT basically over April first.
• 2:51
  The next thing we need to get bold up for reals is either SLR
• 2:56
  exemption or a restart of QE. QE is essentially money
• 3:01
  printing. Was BTC 77 K the bottom?
• 3:05
  Probably. But stonks probably have more
• 3:07
  pain left to fully convert Jay to Team Trump.
• 3:11
  So stay nimble and cash up Benjamin Cohen.
• 3:16
  He's a very famous YouTube. He says QT is not basically over
• 3:20
  on April first. They still have 35 billion
• 3:22
  months coming off from mortgage-backed securities.
• 3:25
  They just slowed QT from 6 billion month to four billion a
• 3:30
  month. And here is a really interesting
• 3:32
  article that Arthur Hayes wrote. I think it was March 3rd, so it
• 3:36
  was like 17 days ago, but I still think it applies to you
• 3:41
  know what he's recently saying the name, the name of the
• 3:44
  article is kiss of death. And I essentially went through
• 3:48
  the entire article and I highlighted some of the most
• 3:51
  notable parts. He asked the audience, he asked
• 3:54
  his the the people that read the article.
• 3:57
  You know what was 78 K the the bottom of Bitcoin.
• 4:01
  The majority said no, the majority were right because we
• 4:03
  definitely went below that. But in this article, Arthur
• 4:06
  Hayes made essentially couple predictions and trying to
• 4:10
  explain the general macro environment.
• 4:13
  So essentially Trump doesn't have the Fed on his side.
• 4:18
  For him to roll out the America First policy and obviously roll
• 4:23
  out all this, you know, all this stuff, he needs the Fed on his
• 4:27
  side. And Arthur Hayes essentially
• 4:28
  makes the prediction or makes the claim.
• 4:32
  And it's something that we've been saying actually the last
• 4:34
  couple of weeks is that he wants, you know, he essentially
• 4:39
  is trying to slow down the economy with the goal of getting
• 4:44
  Jay Powell on his side. So what Arthur Hayes is claiming
• 4:48
  is that Trump is using doge to slash government a bloat.
• 4:54
  And essentially what that was going to do is it's going to
• 4:57
  rise The it's going to the jobless claims in DC or rising.
• 5:01
  The home prices are dropping. Recession fears are growing.
• 5:05
  Trump is using Doge to reduce spending, force layoffs, and
• 5:09
  create economic pressure to trigger Fed action.
• 5:14
  And then the Powell pivot, which I think Arthur Hayes followed up
• 5:17
  with one of his most recent, one of his most recent posts that is
• 5:22
  coming. He makes the case, he makes the
• 5:24
  case that the printing is inevitable and that Powell will
• 5:28
  be forced to cut rates and QT. So, so far, QT has been slowed
• 5:34
  down, but it hasn't been ended. And restart QE.
• 5:38
  And when QE gets restarted, that's when Arthur Hayes makes
• 5:43
  the case that Bitcoin is on the road or on the way to $1 million
• 5:50
  Bitcoin. He makes the claim that
• 5:51
  historically, money printing always fuels Bitcoin rallies and
• 5:57
  if the Fed injects 3 trillion, Bitcoin could 10X from its lows
• 6:03
  reaching 1,000,000 or more. So anyways, kind of exciting
• 6:08
  stuff in in the sense that Arthur has been right with this
• 6:11
  recent call about the potential Bitcoin bottom being around the
• 6:15
  70K region. But I mean, who knows?
• 6:19
  Bitcoin recently had a rally from I think it was like 80, Ki
• 6:22
  was like 78, K went all the way to 86, we're back down to 74.
• 6:28
  So it seems like it's channeling, but that just gives
• 6:30
  you more time to stack cheaper sats.
• 6:33
  I don't know. Let us know down in the comments
• 6:35
  if you agree with Arthur's prediction that the 77 K was the
• 6:40
  likely Bitcoin bottom, that the slowing down of QT is very
• 6:45
  bullish for Bitcoin. And also I do agree with Arthur.
• 6:48
  I'm not a macro guy, but QE is definitely incredibly bullish
• 6:53
  for Bitcoin. Historically, when money printer
• 6:56
  goes for the, the Bitcoin price goes up.
• 7:01
  Anyways, Brad, welcome to the show, man.
• 7:03
  I think this is the first time you join.
• 7:04
  You're joining us on Simply Bitcoin Live.
• 7:07
  You've been in this industry for quite a long time now.
• 7:10
  You've seen the highs, you've seen the lows.
• 7:13
  Any thoughts on Arthur Hayes most recent prediction?
• 7:17
  Brad, the floor is all yours. Yeah, I just literally had to go
• 7:21
  check for the price of Bitcoin. I was like, shit, are we at 74?
• 7:24
  Ki think you accidentally said we're at 74.
• 7:28
  It's like, yeah, it's at 84, Nico.
• 7:30
  Oh, I misspoke. I apologize.
• 7:32
  You meant to say 84? Yes.
• 7:36
  But yeah, you freaked me out, man, Don't.
• 7:37
  Do that. I'll screw another white patch
• 7:41
  here. Yeah.
• 7:45
  I mean, honestly, I, I think everything is great.
• 7:51
  It's just hard to be, it's hard. It took me a long time to get
• 7:55
  into the mindset of Bitcoin is inevitable.
• 7:58
  And you know, I've been in Bitcoin for four cycles, 5
• 8:01
  cycles now and yeah, everything that we thought might happen in
• 8:09
  the early days is happening and yet we're still early.
• 8:14
  So it's still, it's just, it's crazy like I, I, I don't
• 8:19
  necessarily follow the macro anymore because I found it was a
• 8:22
  little bit of a waste of my energy and my creativity to just
• 8:27
  be following this macro stuff so closely.
• 8:30
  Because when you look at the fundamentals and we all know
• 8:33
  this, it's, it's inevitable. Like Bitcoin is got this giant
• 8:39
  network of people that are volunteer evangelists that are
• 8:43
  never going to stop educating policy makers and decision
• 8:47
  makers around the world as well as regular people.
• 8:49
  And as entrepreneurs start to sort of understand that this is
• 8:55
  becoming a must own asset. It's not like this fringe thing
• 8:59
  that they shouldn't pay attention to.
• 9:00
  It's just the network effects keep gaining strength and it's
• 9:06
  not only a matter of time really before the supply and demand
• 9:09
  thing kicks in. So I honestly used to panic a
• 9:12
  lot about the possibility of Bitcoin prices dropping a lot.
• 9:16
  And famously in 2020, I was like using Twitter as a diary.
• 9:22
  And I was just like, dear diary, I sold 5% of my Bitcoin today
• 9:26
  because COVID is gonna come and my back is sore and I don't
• 9:29
  wanna see my net worth drop 50% again.
• 9:32
  And American Huddle got really like riled up all the plebs.
• 9:36
  I didn't know who he was at the time.
• 9:37
  I was like, all I knew him about was that he had 6.15 Bitcoin.
• 9:41
  I was like, why is this guy that only has 6.15 Bitcoin like on my
• 9:44
  ass so hard? Like get more Bitcoin and then
• 9:47
  maybe you'll understand the stress that I'm under, man.
• 9:50
  So I didn't understand that was a meme.
• 9:53
  But yeah, I, I was, I was right in that way before anybody was,
• 9:58
  well, not anybody. But like Arthur Hayes actually
• 10:01
  at the same time was ringing the ringing the alarm bells about
• 10:04
  COVID going to disrupt the markets.
• 10:06
  And I was just like, I can't, I, I, I can't just sit there and
• 10:12
  just like see my net worth drop again like that.
• 10:14
  Like I got to take action. And every time I have a bad
• 10:19
  decision of selling Bitcoin, I grow one of these white patches
• 10:22
  in my beard that, that, that wizard in the streak.
• 10:27
  But I was right. But what happened?
• 10:30
  I sold some Bitcoin, not a lot of it, but I sold enough Bitcoin
• 10:35
  so that my back pain would would go down and then I was like, OK,
• 10:39
  I'm at this comfortable point now where I've got enough, but
• 10:41
  then it kind of stings because you got to pay your cap gains
• 10:43
  taxes on that and you're like, I'm going to buy back lower.
• 10:46
  And I was right. The price of Bitcoin dropped
• 10:47
  like 50%. But in the moment I was like, is
• 10:50
  that the bottom like 50%? Like should I buy back now?
• 10:54
  Should I wait another week? Like it can't, it can't rebound
• 10:57
  this quickly. It was like 2 weeks later the
• 10:59
  price of where I thought it was going to be.
• 11:01
  So moral of the story is like fundamentally understanding
• 11:05
  Bitcoin is a lot. It makes a lot more sense to
• 11:09
  just get the 1000 hours or whatever of understanding
• 11:12
  Bitcoin and paying attention to the like long term history of
• 11:16
  money and things rather than the short term movements and even
• 11:19
  the medium term movements of the markets.
• 11:21
  Because the trend is clear. And now I'm so comfortable
• 11:26
  holding Bitcoin through volatility.
• 11:27
  Finally after 12 years, was it like 2011?
• 11:32
  So 14 years, it took me probably 13 years to get to the point
• 11:38
  where I'm comfortable holding through volatility and actually
• 11:41
  doesn't bother me anymore. So this drop, yeah, it's it's
• 11:45
  actually like I look at it like, oh, what a good opportunity for
• 11:47
  people that I'm trying to help get Bitcoin now.
• 11:50
  Like they can buy some more Bitcoin.
• 11:52
  You're you're Brad, you're blowing my mind right now, man.
• 11:55
  And so. 4 cycles that that's guys I got in 2016.
• 12:01
  I'm based this is my second or third maybe I don't know, third
• 12:04
  cycle you would say before 4 like God, wow, you said. 55 then
• 12:10
  yeah. Wow.
• 12:11
  OK. I have so much, so many
• 12:14
  questions for you. So one of the things that I want
• 12:16
  to focus on where you said you've been in, you've been in
• 12:19
  this for a long time, basically almost since the very beginning,
• 12:22
  Brad, but you said we are still early.
• 12:26
  How, how could you reasonably believe that?
• 12:28
  I mean, you're buying Bitcoin for under, under $1000, under
• 12:33
  $500. How could you still say we're
• 12:35
  still early when Bitcoin's at 83,000 almost $84,000 right now?
• 12:42
  Have you ever seen this guy Michael Saylor before?
• 12:46
  He's really good. I think I'm speaker.
• 12:48
  I think I've heard of him. Around yeah, I started watching
• 12:53
  some videos by him and I was like, you know what anything
• 12:56
  could go to $10 million or more. We are still early.
• 13:00
  So I recommend the viewers if they haven't heard of Michael
• 13:03
  Saylor, go watch some of his Youtubes.
• 13:05
  He's good, he's good speaker. But it's funny because back in I
• 13:11
  got into Bitcoin in 2011. So I was actually on the forums
• 13:16
  like when Satoshi was like not posting anymore, but like he had
• 13:20
  just recently been posting and he's like kind of still on the
• 13:23
  on the mailing list or whatever. But I thought I was late then
• 13:27
  cuz when I heard about Bitcoin, it was $5 in like April 2011, I
• 13:32
  think was the time. And I was like, OK, this is
• 13:36
  interesting. I got to look into this a little
• 13:38
  bit more and then I bought some video cards and I started trying
• 13:42
  to mine some Bitcoin and I started trying to get money on a
• 13:45
  Bitcoin exchange. At the time it was, I think it
• 13:50
  was called Trade Hill that you had to go like as an
• 13:53
  intermediary before he could get on the Mount Cox.
• 13:56
  And so anyways, by the time that all happened, my video cards
• 14:01
  came and I got the money over to buy some Bitcoin.
• 14:03
  It was 10 bucks. So I'm like, shit, I missed it.
• 14:05
  This thing went from a dollar earlier in the year to $10.
• 14:08
  Like I'm I'm late. I'm I'm too late.
• 14:11
  So and then it went to $30 over that summer and I sold half my
• 14:16
  Bitcoin because I was like, yeah, I'm so smart.
• 14:18
  Like people are telling me to like take my profits and let,
• 14:22
  you know, play with the house's money and all that shit.
• 14:24
  So or take your principal, play with the house's money.
• 14:27
  So you can. I mean, first of all, the advice
• 14:31
  there for anybody that's listening now is don't take
• 14:34
  advice from poor people. If somebody's telling you
• 14:37
  something financially and they don't have wealth, then you
• 14:40
  probably should just smile and nod and don't take their advice.
• 14:43
  And you should invest the time into understanding like risk
• 14:47
  management and the difference between trading and investing.
• 14:49
  Because I was coming at this from like a speculative gambler
• 14:52
  mindset, not an investor mindset, even though I knew that
• 14:56
  what I was doing was investing in the future of money.
• 14:59
  And I was so excited by the idea of a money that there was no
• 15:02
  intermediary. And literally back then, it
• 15:04
  sounds stupid now because every single shit coin does this and
• 15:07
  it's no longer a selling point. But literally back then the,
• 15:10
  the, the most exciting thing was being able to send money on the
• 15:13
  Internet back and forth from wallet to wallet.
• 15:16
  Like with no company in the middle and not having to make an
• 15:18
  account because we were all used to having to use PayPal and
• 15:20
  stuff. So anyways, the same things that
• 15:25
  I saw back then are still happening.
• 15:27
  That's The funny thing. Like the other day I was on
• 15:29
  Facebook and my mom sent me this Facebook from one of her
• 15:32
  friends, just an average person. She was like, Oh my God, I can
• 15:36
  buy Bitcoin at the corner store. And she capitalized the B and
• 15:39
  put a space and capitalized the C just like I can buy Bitcoin at
• 15:42
  the corner store. This is so crazy.
• 15:44
  So like most people still have no idea about Bitcoin and they
• 15:49
  still spell it like I used to spell it in 2011 when I first
• 15:53
  heard about it. It's coin.
• 15:55
  So, you know, it's, it is literally still early in the, in
• 15:59
  terms of like amount of people that have Bitcoin and even the
• 16:04
  amount of people that have Bitcoin that understand what the
• 16:07
  Bitcoin is. Probably 2% or something of, of
• 16:11
  the planet has exposure to Bitcoin in some fashion.
• 16:14
  I'd say maybe 2% of those people understand what they have.
• 16:18
  Do you know what I mean? Like there's no, this is all
• 16:20
  anecdotal. I don't think we can really know
• 16:22
  for sure, but we are definitely in that, you know, crossing the
• 16:28
  chasm moment where either we've we've kind of like we're
• 16:32
  crossing it now or we've just crossed it or something.
• 16:35
  But it it is exciting to see all this stuff happen and yet still
• 16:40
  the price is only point 8.08 million Bitcoin for Bitcoin.
• 16:48
  Man, Brad, I'm so happy you come on the show today, man, that
• 16:51
  that was extremely bullish. Appreciate you giving us that,
• 16:55
  that perspective, especially from someone who's been in the
• 16:58
  industry and Bitcoin for such a long time now.
• 17:00
  The other thing that I wanted to.
• 17:01
  Focus on that. You said as well was that you
• 17:04
  guys believe that a lot of this thing was going to happen back
• 17:08
  then. How was that mentally?
• 17:11
  You know, cuz one thing is imagining in in your head and
• 17:15
  then it actually being played out in real real time.
• 17:19
  So you know the strategic Bitcoin reserve, right, the El
• 17:22
  Salvador making Bitcoin legal tender.
• 17:25
  Like if you understand bitcoins game theory, you understand that
• 17:27
  all of this was an inevitability.
• 17:30
  But one thing is understanding the theory behind it and one
• 17:34
  thing is actually seeing it in actuality.
• 17:36
  I mean, back in back when I got in like they're like, do people
• 17:41
  forget this? Like they're like the hardware
• 17:43
  wallets were good. They they were just becoming
• 17:46
  good. There was no like a variety of
• 17:49
  different wallets that you can use.
• 17:51
  There wasn't like multi sig solutions.
• 17:54
  You kind of had to do everything yourself.
• 17:56
  Brad, you got into an era, you got into Bitcoin into an era
• 17:59
  where I don't think the seed phrases were a thing yet.
• 18:03
  It was just still like paper wallets and stuff.
• 18:05
  So how has that been, man? Like essentially watching
• 18:10
  Bitcoin grow up and, you know, became become this like major
• 18:14
  global financial player. Well, OK, so there's multiple
• 18:22
  angles you can go at this, right?
• 18:23
  The first angle is the hard money maximalist, you know,
• 18:28
  Bitcoin maximalist that gets distracted by the success of the
• 18:33
  shit coins and is like kind of unable to really grasp like what
• 18:40
  happened here and what is happening because they're
• 18:42
  distracted by the Trump shit coin or like, you know, Ripple
• 18:47
  is attacking Bitcoin or, or whatever.
• 18:50
  And and that can like taint your, your view of things.
• 18:54
  I've seen a lot of like, like Bitcoin people on Twitter and
• 18:58
  stuff that are kind of leaning more towards like this is
• 19:01
  negative. Like almost like, oh, like
• 19:04
  Bitcoin is, you know, when you discover like an underground
• 19:09
  band or something, then they start to get popular and you're
• 19:11
  like, oh, that band sucks. Now it's like I see people doing
• 19:14
  that, which is unfortunate for them because it's like in a way,
• 19:19
  it's just controlling your emotions and, and realizing
• 19:23
  that, you know, you're not free in this area.
• 19:26
  Like if you're, if you're able to not enjoy the success of like
• 19:29
  you being right and you being early and you still being right
• 19:32
  and on the righteous path and having the moral path forward of
• 19:36
  like what is good for not just you and your family, but the
• 19:39
  world. Because some shit coin guy has
• 19:44
  like donated $10 million and has been able to influence a tweet
• 19:47
  that the president makes just like kind of maybe take a step
• 19:51
  back because it doesn't. How does it help you like that?
• 19:55
  That doesn't help you. That just puts you into a
• 19:57
  negative mindset to not be able to like expand your happiness
• 20:01
  and like having Bitcoin and like Bitcoin being this thing that's
• 20:05
  that's moving into this must own sort of phase like the Bitcoin
• 20:08
  gold rush decade that Sailor talks about.
• 20:11
  And that is, that is, that is like.
• 20:18
  Probably one of the best things about Sailor for me anyways is
• 20:21
  like listening to him talk about being cheerful and constructive
• 20:26
  has helped me tamper that Bitcoin immune reaction thing
• 20:31
  that I that I was involved in with like, you know, the block
• 20:35
  size wars and all that. We were doing a lot of debating
• 20:37
  and arguing and it was very contentious and whatever.
• 20:40
  But it's almost like a form of identity politics that's leached
• 20:44
  its way into Bitcoin, that it's not good, whether it's in
• 20:48
  Bitcoin or it's that's for your own mental state.
• 20:50
  I mean, it's just probably just disconnect from all that stuff.
• 20:53
  And just like Saylor says, try to remain careful and
• 20:56
  constructive because the like the momentum that you can bring
• 21:01
  towards positively building or positively pushing Bitcoin
• 21:05
  knowledge forward is much greater than the like resistance
• 21:08
  you're going to get from trying to like, stop this insane clown
• 21:13
  world reaction of broken money that's just showing up as shit
• 21:16
  coins and meme coins and all this other nonsense.
• 21:20
  So I just think that that is for each individual, probably the
• 21:26
  best choice. Like just focus on the good
• 21:28
  things about Bitcoin and just kind of like ignore all the
• 21:30
  noise because Bitcoin is inevitable.
• 21:32
  And in that way, I see it sort of like understand where Sailor
• 21:38
  as a lot of people criticize Saylor now because certain
• 21:41
  things, he's like almost like a shit coin apologist or whatever.
• 21:44
  But like, I think he's doing it right, man.
• 21:46
  I think he's like he's pushing, he's getting influence in the
• 21:50
  places that matter and he's staying focused.
• 21:52
  He's protecting his own mindset. He's being 100% in on Bitcoin
• 21:58
  and pushing Bitcoin forward for all of us and for himself.
• 22:01
  And there's never been a time in history where people make the
• 22:06
  rational choice only like there's always irrational
• 22:08
  choices being made everywhere. So as long as we got Bitcoin,
• 22:11
  like the orange rail, that's like we're able to hold on to
• 22:15
  and pull ourselves forward through all this cloudiness in
• 22:18
  the world. I think that's what we should
• 22:20
  do. And I, I appreciate that he does
• 22:22
  that and sends that message for people like me to understand.
• 22:24
  Like, you know what, I should just focus on Bitcoin.
• 22:26
  I should just focus on the positive.
• 22:28
  I shouldn't talk about, oh, you shouldn't do this shit coin or
• 22:30
  Gary Vee launches this NFT. You shouldn't buy it.
• 22:32
  Like, you know, who cares? Like bitcoins winning.
• 22:35
  And we got a lot of work to do left because like you said, when
• 22:38
  I got in Bitcoin, we were still using private keys and using
• 22:42
  custodians and stuff like, you know, when you're mining out a
• 22:46
  pool, you just leave your balance in the pool because it's
• 22:48
  like complicated to get your own private key going.
• 22:50
  So there was no seed phrases, there was no hardware wallets.
• 22:54
  And we're still there now. Like most people don't even know
• 22:58
  what mini script is. And mini script is going to
• 23:00
  enable a whole new unlock like Anchor Watch and companies like
• 23:05
  Anchor Watch that well, there is only one company like Anchor
• 23:07
  Watch right now that does like insurance on your self custody
• 23:10
  Bitcoin. That's a new unlock for Bitcoin
• 23:13
  like this is we are so early because people don't even have
• 23:17
  insurance on their Bitcoin. People aren't even using
• 23:19
  miniscript Bitcoin. The the the unlocks that Bitcoin
• 23:22
  will get from companies that are building a miniscript.
• 23:28
  Anchor Watch is one of them, Bit Hive is another one with Keeper
• 23:32
  wallet, Liana Wallet's another one.
• 23:34
  There's like maybe 3 or 4 companies that are using
• 23:37
  Miniscript right now. Miniscript is a technology that
• 23:39
  block stream supported that enables more composability in
• 23:44
  multi C So we are so early in just Bitcoin custody right now
• 23:49
  that you got like exchanges holding billions of dollars of
• 23:53
  Bitcoin. They don't even know how they
• 23:56
  can hold it with Miniscript and get rid of a lot of risk and
• 23:59
  insure it because Bitcoin technology rocks.
• 24:02
  So there's so much more room to grow in Bitcoin.
• 24:07
  And yeah, even user experience upgrades are are still to come.
• 24:13
  So that's pretty exciting. So like when we, I don't know if
• 24:15
  it's going to take 10 years or more, but by the time where
• 24:18
  there's like, OK, we figured it all out and there's nothing more
• 24:22
  to unlock, then then maybe I'd be like, OK, yeah, we're not
• 24:26
  early anymore. And Bitcoin's $1,000,000 or
• 24:29
  $5,000,000 or something like that.
• 24:30
  Like, OK, we're not early anymore.
• 24:32
  But at that point, it seems like we're going to transition to
• 24:34
  like, OK, now Bitcoin is just the best way to hold your money.
• 24:39
  And it's still gains on, on inflation, but not like this,
• 24:43
  you know, 60% a year that we're used to.
• 24:46
  Yeah, absolutely man. Very amazing insights from Brad
• 24:51
  Mills Opti. Do you want to chime in on this
• 24:53
  man? Arthur Hayes Peace.
• 24:55
  A lot of the wisdom and experience that Brad was talking
• 24:58
  about Opti. Yeah, well, I just kind of want
• 25:01
  to echo what Brad was saying. I've been saying for a long time
• 25:03
  and, and it is like an anecdote, but if you guys still talk to
• 25:07
  normal people, most people still don't know what Bitcoin is.
• 25:09
  And like Brad was saying, even the people that are in Bitcoin
• 25:13
  or have some exposure to Bitcoin, I, I, it's still hard
• 25:16
  to believe that everyone understands Bitcoin.
• 25:18
  Like, you know, the Bitcoin Maxis out there, they're just
• 25:21
  looking at it as an investment. They just want some Fiat games.
• 25:24
  And as much as bitcoiners like to say, you know, we don't care
• 25:27
  about the price, like the price is, you know, or rather the, the
• 25:30
  floors of the Bitcoin price is a real time metric of people's
• 25:33
  understanding of Bitcoin and the price in general is, is kind of
• 25:37
  showing just the adoption levels of people following into
• 25:41
  Bitcoin. So like, like as much as we try
• 25:42
  to avoid talking about price on the show, it is a very important
• 25:46
  metric. As number goes up, the the
• 25:49
  utility of using Bitcoin and storing your value in Bitcoin
• 25:52
  goes up as well. So it's all interlinked.
• 25:54
  And I know a lot of people like to say like, oh, the price
• 25:56
  doesn't matter, but I'm kind of the opposite.
• 25:59
  Like it's not about just a number go up so that we can get
• 26:02
  rich. It just goes to show that more
• 26:03
  people are coming into the market.
• 26:05
  And again, like I was saying and what Brad was saying, when you
• 26:07
  talk to normal people about Bitcoin, even if you go outside
• 26:11
  and you, you know, just bring up Bitcoin, they're still like, oh,
• 26:13
  you're a crypto Bitcoin bro. Like cool story, let's change
• 26:16
  the top. You know, like, how's the game
• 26:18
  going, bro? And it's like, we're still very
• 26:20
  early in this game. Even if Bitcoin is at 80K or
• 26:23
  100K, like the price is kind of a distraction in the sense that
• 26:27
  if you are looking at 100K Bitcoin, you're probably
• 26:29
  thinking, I am late. But as we've been showing on the
• 26:32
  show constantly, the adoption levels, the ratio of Bitcoin to
• 26:36
  global capital and global wealth, like it's tiny right
• 26:39
  now. And I, I'm also on the fence
• 26:41
  that I think this is going forever.
• 26:44
  Like we're still a tiny, tiny portion of global capital.
• 26:47
  I think it's still early and it's even early in the year.
• 26:50
  You know, we're in what, third month?
• 26:52
  We're all kind of expecting it to go crazy this year.
• 26:55
  And I think we're just living out that like Bitcoin meme where
• 26:58
  you're poking it and you know, Bitcoin, can you do something?
• 27:00
  And that's why we're. All kind of just rips.
• 27:03
  And then it just rips. And that's why probably people
• 27:05
  are getting salty on Twitter right now because we've all
• 27:07
  were, you know, promised what, 150 K first 100 days.
• 27:11
  And we're we're starting to get to that 100 days and we haven't
• 27:13
  gotten 150 K yet. So.
• 27:16
  Brad, Brad, you've been through many cycles so far.
• 27:19
  What is your how has been your experience with this cycle?
• 27:23
  I mean it it's, it definitely feels a little bit slower if you
• 27:26
  compare it with the rest like you know, it's.
• 27:29
  Underperformed. It's it's, it's not, it's not,
• 27:33
  it's not been as exciting. Do you still think cycles are
• 27:36
  even a thing anymore? I don't know about the cycles
• 27:41
  thing. I think like it makes sense that
• 27:43
  as Bitcoin becomes more of a percentage of global wealth,
• 27:49
  then it will have less volatility to the downside just
• 27:53
  because it will be held by larger amounts of people in more
• 28:00
  sophisticated custody set up. So like if you're using a two or
• 28:04
  three multi sig to secure your Bitcoin as your savings for your
• 28:07
  retirement, it's a little different than if you're got it
• 28:11
  on an exchange and you're kind of like FOMO or emotionally
• 28:13
  trading it. So, yeah, I mean, over the years
• 28:16
  as more and more people are holding Bitcoin like digital
• 28:19
  property or digital capital, if you want to use Michael Saylor's
• 28:23
  frame it phrasing or at least a chunk of their Bitcoin is looked
• 28:29
  at as retirement, generational wealth, basket money.
• 28:32
  And it's in like hard to access schemes like a multi sig with
• 28:38
  mini script or something. Then there will be less emotion
• 28:42
  on the chart because when you're fearful it won't be easy to sell
• 28:45
  it just like property, like real estate markets can dump, but
• 28:50
  it's not liquid. So it's not easy to just sell
• 28:53
  your house when the when the price of it tanks.
• 28:56
  So I think over time we'll get a little bit of that in there, but
• 29:00
  that might take a couple decades.
• 29:02
  I don't know if we're going to see major reduction of
• 29:04
  volatility. I'm still planning and preparing
• 29:07
  for being able to survive at least 250% drops.
• 29:11
  So whether that's from 5th 500,000 or from a million or
• 29:14
  from 200,000 or from 110,000, like I'm, I'm planning, I always
• 29:19
  want to be able to prepare to to be prepared to survive at least
• 29:22
  250% drops and be ready for the third one because I think that's
• 29:27
  90%. So it's always good to be aware
• 29:31
  that that is a likely scenario or a possible scenario in
• 29:34
  Bitcoin. So don't over leverage yourself,
• 29:38
  You know, if you're borrowing or if you're trading or something
• 29:41
  like that, you always got to be aware that that volatility is
• 29:43
  there. But that's just for the like
• 29:46
  prepper part of me, you know, like for the optimistic part of
• 29:49
  me, I'm actually surprised by this cycle.
• 29:52
  Man, I thought I've been like, I thought we were.
• 29:55
  I think we're ahead of schedule. Like when we broke the all time
• 29:58
  high last year, I was, I was not expecting the all time high to
• 30:01
  be broke until 2025. So I also was not expecting the
• 30:06
  Bitcoin ETFs last January to be approved so quickly.
• 30:11
  And I was not expecting MicroStrategy to be buying $20
• 30:17
  billion of Bitcoin and for like the president to start a Bitcoin
• 30:22
  strategic reserve. Like all this shit, this is
• 30:25
  freaking crazy, man. Or in my opinion, like we're, we
• 30:28
  were ahead of schedule and it's like moved way faster than I
• 30:31
  thought it was going to move. But I still think we're in the
• 30:35
  early stages of the structural bull market.
• 30:37
  So in my opinion, like this isn't like this isn't like all
• 30:42
  the bull market has been going on for a year and a half now and
• 30:45
  we're kind of hit the top and now it's like back down in my
• 30:49
  mind. It's just it's a unique, it's a
• 30:53
  unique thing that happened where the bull market kind of started
• 30:56
  early. We got a new all time high.
• 30:58
  We got all this insane bullish news.
• 31:01
  We got this new sort of free markets are back vibe in in the
• 31:07
  Wall Streets and Silicon Valley and in the United States
• 31:11
  generally. And in that world, this calming
• 31:18
  down of the fervent run is probably just an accumulation
• 31:25
  zone for for larger players that were kind of like on the
• 31:29
  sidelines watching Bitcoin, not sure politically what was going
• 31:32
  to happen. And now that it's like pretty
• 31:34
  clear where the trend of the world is going, they're placing
• 31:40
  their bets like Cantor Fitzgerald's getting in.
• 31:42
  They're they're going to be providing Bitcoin loans to
• 31:44
  Bitcoiners. It seems like the next 10 years
• 31:49
  we're going to see Bitcoin like really integrated into the
• 31:52
  financial system so that Bitcoiners are going to be able
• 31:57
  to use Bitcoin as collateral at their banks and pay pretty good
• 32:01
  interest rates. So with all of that stuff going
• 32:05
  on, I mean, doesn't really matter to me if it's a cycle
• 32:10
  thing or if it's just a slow crawl or if it's a gradually
• 32:14
  then suddenly thing and then you know, it all signs to me point
• 32:18
  towards up and to the right overtime.
• 32:20
  And that's what I'm trying to trying to stay in that zone.
• 32:24
  Amazing, amazing, beautiful, beautiful answer.
• 32:27
  All right, guys, before we jump into the numbers segment, I do
• 32:30
  want to give a shout out to the live stream we have.
• 32:32
  Almost. 2000 of you guys watching live between YouTube
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• 36:55
  time of recording the Bitcoin price.
• 36:57
  Is $83,900 Block height 888,652 sats per dollar 1192 market cap
• 37:06
  1.66 trillion Bitcoin versus gold market cap 7.79% percentage
• 37:14
  issued 94.47% decline from all time high -23.1% realized
• 37:21
  monetary inflation. This number continues to go
• 37:23
  down. It's currently sitting at .91%.
• 37:27
  Anyhow, some big news so President Trump to address the
• 37:32
  Digital Asset Summit tomorrow. So and I'll read some of the
• 37:36
  details. President Donald Trump is
• 37:38
  expected to deliver a speech via recording at Blockworks Digital
• 37:42
  Assets Summit in New York. This will be the first time a
• 37:45
  sitting U.S. President has addressed a
• 37:48
  Bitcoin and conference crypto conference highlighting the
• 37:52
  growth the growing influence of digital assets in mainstream
• 37:55
  Financial Policy. Trump has previously engaged
• 37:58
  with the Bitcoin community, having spoke in person at the
• 38:02
  world's largest Bitcoin conference in Nashville.
• 38:05
  His return to the stage now as president further highlights the
• 38:08
  continued support from the US government on Bitcoin.
• 38:12
  So I have the clip of his speech or whatever from the conference.
• 38:16
  I'm going to play it and then we'll all talk about it.
• 38:19
  At the Blockworks Digital Assets Summit, it's an honor to speak
• 38:24
  with you about how the United States is going to dominate
• 38:27
  crypto and the next generation of financial technologies.
• 38:31
  And it's not going to be easy, but we're way ahead.
• 38:35
  Just two weeks ago, we hosted the first ever White House
• 38:38
  Digital Asset Summit, bringing together many of the world's top
• 38:42
  leaders in crypto for a conversation led by our White
• 38:46
  House AI and crypto Czar David Sachs, who's a fantastic and
• 38:50
  very brilliant guy. That same week, I signed an
• 38:54
  order creating the brand new Strategic Bitcoin Reserve and
• 38:58
  the US Digital Asset Stockpile, which will allow the federal
• 39:01
  government to maximize the value of its holdings instead of
• 39:05
  foolishly selling them for a fraction of their long term
• 39:09
  value, which is exactly what Biden did.
• 39:11
  He got a fraction of their value.
• 39:13
  We're ending the last administration's regulatory war
• 39:16
  and crypto and Bitcoin, and that includes stopping the lawless
• 39:20
  Operation Choke Point 2.0. Operation Choke Point went
• 39:25
  beyond regulation, and I mean far beyond.
• 39:28
  It was a form of lawfare through government weaponization.
• 39:31
  Frankly, it was a disgrace. But as of January 20th, 2025,
• 39:36
  all of that is over. I've also called on Congress to
• 39:40
  pass landmark legislation creating simple common sense
• 39:44
  rules for stable coins and market structure.
• 39:47
  With the right legal framework, institutions large and small
• 39:50
  will be liberated to invest, innovate, and take part in one
• 39:54
  of the most exciting technological revolutions in
• 39:58
  modern history. It's so big.
• 40:00
  It's, I think, as big as you can get.
• 40:03
  Pioneers like you will be able to improve our banking and
• 40:06
  payment system and promote greater privacy, safety,
• 40:09
  security and wealth for American consumers and businesses alike.
• 40:14
  You will unleash an explosion of economic growth and with the
• 40:18
  dollar backed stable coins, you'll help expand the dominance
• 40:22
  of the US dollar and many, many years to come.
• 40:25
  It'll be at the top. And that's where we want to keep
• 40:28
  it. We only want to keep it at the
• 40:29
  top always. I can already see that the
• 40:33
  energy and passion of the crypto community is the kind of spirit
• 40:37
  that built our country. And it is exciting to watch as
• 40:41
  you invent the future of finance.
• 40:43
  And right here, it's going to be right here in the USA, the good
• 40:47
  old USA. Together, we will make America
• 40:50
  the undisputed Bitcoin superpower and the crypto
• 40:54
  capital of the world. Thank you.
• 40:56
  Good luck, God. All right, I mean, I'm going to
• 41:03
  pass it on to you first, Brad. You know, could you have ever
• 41:07
  have imagined this back in the early days of Bitcoin?
• 41:11
  I mean, is it perfect? No, kept saying crypto.
• 41:17
  I mean, to give him credit, he did.
• 41:19
  He did differentiate Bitcoin a couple times, right?
• 41:23
  Obviously, as Bitcoiners, we would want a Bitcoiner
• 41:26
  president. This is like a Bitcoin and.
• 41:28
  Crypto President. But I mean, from a historical
• 41:32
  standpoint, like, holy cow, you know, we went from essentially
• 41:37
  the entire industry being attacked last year with
• 41:40
  Operation Choke .2 Point O and then boom, bomb Bing Bing.
• 41:45
  And you know, things have changed, things have turned
• 41:48
  around. So Brad, what is your take on
• 41:51
  this? What is your opinion as a
• 41:53
  Bitcoin OG? I mean, how could you be
• 42:01
  anything but excited for the future of Bitcoin if we're now
• 42:08
  given at minimum four years to stack more sats without any fear
• 42:15
  of persecution from a dystopian anti survey or like pro
• 42:21
  surveillance, anti privacy, you know, oligopoly or whatever
• 42:25
  state that's like the boot has been lifted.
• 42:31
  And we don't need them to like lift the stuff like like Simba,
• 42:35
  you know, we don't need that. We just we didn't even need the
• 42:39
  Bitcoin superpower. We just wanted not to be
• 42:42
  persecuted. And we not, you know, we just
• 42:44
  wanted not to be scared to use Bitcoin and scared to talk about
• 42:49
  Bitcoin because there was a long time there back maybe like 2011
• 42:54
  to 2016 even where I'm like friends of mine had been
• 42:59
  arrested and stuff like Charlie Schramm went to prison just for
• 43:02
  like running a Bitcoin exchange. And obviously we all know the,
• 43:08
  the state's campaign against Bitcoin through the Silk Road.
• 43:11
  And like there was, it wasn't just Operation Choke Point,
• 43:16
  which is a little bit like of a red herring because Operation
• 43:23
  Choke Point was really in some ways probably hunting down
• 43:31
  criminals and Ponzi scheme operators more than Bitcoin
• 43:34
  businesses. But crime is legal now, so.
• 43:40
  So Ponzi schemes are back on the menu.
• 43:42
  But if the choice is communism or Ponzi schemes with being able
• 43:49
  to use Bitcoin, I mean, I'd rather see communism not win.
• 43:53
  So, so that's just the way that I'm framing it to retain my
• 43:57
  sanity that, you know, sure, we got AUS president who's out
• 44:01
  there shilling scams and Ponzi tokens and stuff, but like he is
• 44:06
  unleashing free markets. And if you, if you really are a
• 44:10
  libertarian, you got to take the bad with the good.
• 44:13
  And we got to let people make their own decisions.
• 44:16
  And we just have to be out there educating and broadcasting the
• 44:20
  signal through all the noise so that we influence culture like
• 44:24
  you guys are trying to do so that people will follow the
• 44:27
  signal and they won't be going off and getting stuck in these
• 44:30
  scams. Because just like to boil it
• 44:32
  down is like there's no longer headwinds.
• 44:37
  We, we've got every cycle. We've got one of the biggest
• 44:42
  fears taken away. Like last cycle, I was actually
• 44:45
  extremely bullish when China banned Bitcoin because that was
• 44:50
  one of the biggest things that I had to contend with for, you
• 44:52
  know, talking to people about Bitcoin for years.
• 44:55
  It was like all China owns Bitcoin and it's a it's a China
• 44:58
  communist coin and China's going to ban it and then that's going
• 45:01
  to crash Bitcoin. And then so when that was taken
• 45:04
  away, it was like, what what's, you know, let's shine the light
• 45:08
  on what your concern is actually.
• 45:10
  Like you're just, you're just like a salty no coiner then,
• 45:12
  right, Because China is no longer their threat.
• 45:16
  And so now it was for the longest time, well, the
• 45:17
  government's going to ban it. And now what are those people
• 45:20
  saying? Like, what can they say?
• 45:21
  I mean, this is just, this is just great.
• 45:23
  So, yeah, we we don't necessarily need bit the Bitcoin
• 45:29
  superpower of the world. Like that's insane that that is
• 45:31
  like where we are. I mean, this is like way beyond
• 45:33
  what I thought was going to be. I just thought we were going to
• 45:36
  be like not haunted down and we're just going to have freedom
• 45:39
  to use Bitcoin. But now it's like, Oh no,
• 45:41
  they're going to be they're going to be the Bitcoin
• 45:43
  superpower of the world. Well, what does that signal send
• 45:46
  to all the other countries? You know, so I mean extremely,
• 45:49
  extremely positive, obviously. 100% a hundred 100% agree with
• 45:57
  that take by the way I do want to give a shout out to the
• 45:59
  stream 2100 of you guys watching live between YouTube and X and
• 46:04
  almost 100 of you guys watching live on rumble.
• 46:06
  If you guys are enjoying the show so far, make sure to smash
• 46:09
  that like button Anyways, let's. Let's break.
• 46:13
  Where I got one more. Yeah, hit it, hit it, Brad.
• 46:16
  One more thing could you mention Rumble?
• 46:20
  One of the most bullish things that came out of this last six
• 46:23
  months is the Tether story. Like the Tether, like even at
• 46:27
  the bottom at like 1516 seventeen, 20,000 and under, we
• 46:31
  had like Bitcoiners out there screaming about how Tether was
• 46:34
  going to be shut down by the US government and that was going to
• 46:37
  crash Bitcoin. Like Bitcoin influencers on
• 46:40
  Twitter were saying this. So that was another thing that
• 46:43
  was like for, for me as an early Bitcoiner that followed the
• 46:47
  Tether story from like when they launched it and like knowing
• 46:50
  that they were like real Bitcoiners behind the scenes and
• 46:53
  that they're doing things to acquire more Bitcoin and to
• 46:56
  support Bitcoin. And that all this Tether flood
• 47:00
  and stuff was just like, it was just that it was just not
• 47:03
  actually understanding the context of what was going on
• 47:05
  with the fraud that was happening against Tether when
• 47:08
  they had hundreds of millions of dollars stolen from them.
• 47:11
  And the fact that they had been able to get themselves out of it
• 47:13
  with some creative lending from Bit Fenix, a Tether, all that
• 47:16
  stuff. I mean, the Tether flood was one
• 47:19
  of the biggest issues as well that now this, it's just
• 47:22
  amazing. Like Tether is now one of the
• 47:24
  largest buyers of U.S. Treasuries and the freaking
• 47:27
  president and the Treasury Secretary and all these people
• 47:30
  are now like inviting Tether to come to the White House and talk
• 47:34
  about how great it is that Tether supports the, the dollar
• 47:36
  dominance or whatever. So it's like the threat of
• 47:39
  Bitcoin being persecuted, the threat of Tether getting shut
• 47:43
  down by the government, those, those two things are completely
• 47:46
  gone now, at least for the next 4 years.
• 47:49
  And Tether is one of the most profitable company on the planet
• 47:53
  if you go by headcount. And they're, they're like super
• 47:56
  invested into freedom technology.
• 47:58
  They're building Keat, they're investing heavily in the Rumble.
• 48:01
  So I'm a such a big fan of the timeline that we're in, not just
• 48:05
  that like the the laws are like the policy risks are being
• 48:09
  removed and it's super bullish. Things are being built
• 48:13
  foundationally for Bitcoin adoption, but also that the
• 48:16
  right people are getting wealthy and it's they're doing things
• 48:20
  with their wealth like supporting rumble and free
• 48:23
  speech. So anyways, just wanted to toss
• 48:25
  that in there because that is such a such an amazing bullish
• 48:27
  development over the last few months, even that I just was
• 48:30
  like a bonus on top of everything else.
• 48:33
  Like Ross is those Bitcoin strategic reserve and tethers
• 48:37
  getting, you know, the the recognition they deserve for for
• 48:41
  for being actually like a net positive in the industry.
• 48:47
  Absolutely 100% agree. Opti, what is your take on I I
• 48:52
  forgot what we were talking about because Brad was dropping
• 48:55
  so many good points. So anyways, it was Trump's
• 48:58
  speech at the Digital Asset Summit Opti floor is.
• 49:02
  Yours my first, my first cynical take was that beginning part
• 49:05
  where he's like, we're going to we're going to dominate crypto.
• 49:08
  Just that that phrasing it like, you know, if you want to be
• 49:11
  cynical, it's like, what's that actually mean?
• 49:13
  Like are we going to dominate with the Bitcoin or are they
• 49:16
  going to dominate Bitcoin? That you know that that's my
• 49:19
  cynical take. But kind of going where Brad is
• 49:21
  going towards the end, like as much as you may or may not like
• 49:26
  Trump, like the rhetoric we're getting right now of the US
• 49:28
  becoming a Bitcoin superpower, like, I don't know, I'll take
• 49:32
  that. That sounds amazing to me.
• 49:33
  I would love for the US to be a Bitcoin superpower.
• 49:36
  You guys know, we've been on the show for a while and it got a
• 49:39
  little hairy last year. There was a point where we're
• 49:40
  like, man, it looks like we're, you know, Bitcoiners are going
• 49:43
  to get prosecuted. Now, as Brad was saying, it's
• 49:46
  like, yeah, you know, there is going to be some shit coin Ponzi
• 49:49
  schemes and you know, the floodgates are are opening up
• 49:52
  and all like everything's on the table.
• 49:54
  But we all know that, hey, Bitcoins going to win.
• 49:56
  And if we get four years of just Bitcoin kind of being left alone
• 50:00
  or even better, like Bitcoin being pushed right now, in 40
• 50:04
  years, it's going to be probably pretty incredible where Bitcoin
• 50:07
  is. So I like this rhetoric that
• 50:09
  we're hearing right now. Yes, I know everyone's like
• 50:11
  other politicians are saying what you want to hear,
• 50:14
  obviously, But what we're hearing is this is a signal for
• 50:18
  everyone around the world that, hey, if you don't embrace
• 50:20
  Bitcoin, you are going to lose right now.
• 50:22
  So I'd much rather as an American like to see the US
• 50:25
  embrace Bitcoin than fight us, though.
• 50:27
  You guys know my, my, you know, view on dollar dominance.
• 50:30
  So that like stablecoin, you know, riff in the middle, kind
• 50:34
  of like, but hey, this is a necessary evil.
• 50:36
  I think that we've all kind of known was going to play out.
• 50:39
  But if you see the the ending message there, if we do get some
• 50:43
  good quote UN quote market structure here or good
• 50:46
  regulations around Bitcoin, bitcoins going to win.
• 50:49
  And I think this is all beneficial for us.
• 50:51
  So I'm pretty excited to see what plays out this year and the
• 50:55
  next four years around Bitcoin. Like if they just get out of our
• 50:57
  way, Bitcoin's going to take over and that's going to be huge
• 51:01
  for all of us. And then we'll see what happens
• 51:03
  in four years. Because as of now, it looks like
• 51:06
  we are going to get four years of just like clear roads ahead
• 51:09
  around Bitcoin and, and it's hard to not be bullish on that.
• 51:12
  So hey, Bitcoin superpower, let's go like I'm with that.
• 51:16
  Absolutely, 100%. All right, everybody, before we
• 51:19
  move on to the next segment, I do want to give a very special
• 51:22
  shout out to our our new merch. So it's just dropped check it
• 51:26
  out get it while supplies last the one of our hats already sold
• 51:30
  out. This is this is flying off the
• 51:32
  shelves. Obviously buy Bitcoin first but
• 51:34
  if you guys want to support the show.
• 51:36
  Check out our new merch. Opti and I are wearing the cream
• 51:39
  hoodie right now. It's incredibly, it's incredibly
• 51:41
  comfortable. We pay attention to detail, has
• 51:44
  custom tags and everything. This isn't drop ship.
• 51:47
  We buy the inventory before and we pay attention to the quality
• 51:51
  of the material. So you can get the simply
• 51:54
  alternative black tea, the Bitcoin saves cream tea or the
• 51:58
  cream hoodie, which is my personal favorite.
• 52:00
  It's incredibly, incredibly comfortable.
• 52:03
  So if you guys want to support the show, head over to
• 52:04
  simplybitcoin.com, out the collections and the new merch
• 52:09
  drop. Get it while supplies last.
• 52:11
  Like I said, we didn't order enough and they're flying off
• 52:15
  the shelves. All right, everybody, let's hit
• 52:17
  the new segment. We have tons to talk about.
• 52:20
  Let's check it out. We will be right back.
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• 54:55
  All right, everybody, we are back.
• 54:57
  If you guys are enjoying the show so far, we broke 650 likes
• 55:01
  smash that like button. I'm going to raise the target to
• 55:05
  300 likes by the time the show. And so if you guys are enjoying
• 55:08
  the live stream so far, smash that like button, you're
• 55:12
  listening to Simply Bitcoin Live.
• 55:14
  And of course, our special guest today is.
• 55:17
  Bitcoin OG Brad Mills and we're going to be talking about what
• 55:21
  he's doing. Seems like Brad, you're, you're
• 55:24
  let me let me pull this up. Let me pull this down.
• 55:26
  When we talk about this, Brad, you're pivoting to media, right?
• 55:29
  You're, you're doing a media project.
• 55:30
  Is that correct? Yeah, yeah, I started a a media
• 55:35
  company, it's Palmedia is what it's called proof of work.
• 55:40
  Obviously trying to harness Bitcoin inevitability and and
• 55:45
  proof of work. It's not just a Bitcoin
• 55:48
  algorithm, it's a lifestyle so trying to not just do that with
• 55:52
  the medium. Also been going to the gym 5-6
• 55:55
  days a week for the last year so trying to trying to use proof of
• 56:00
  work for my fitness as well. Love that, love that.
• 56:03
  All right, guys, we're only talking about proof of work
• 56:06
  media, just proof of work lifestyle with Brad during the
• 56:09
  culture segment. So you guys are going to want to
• 56:11
  stay tuned for that. But before we jump into it,
• 56:14
  let's talk about today's. News smash that like button want
• 56:18
  to give a shout out to the live stream of course 1753 of you
• 56:23
  guys watching live on X 534 of you guys watching live on on on
• 56:29
  YouTube and rumble 389 of you guys watching live on rumble.
• 56:34
  So if you guys are enjoying the show so far, make sure to smash
• 56:37
  that like button you're listening to Simply Bitcoin
• 56:41
  Live. Anyways, let's talk about the
• 56:42
  central bank digital currency phenomenon that's happening in
• 56:46
  Europe. Seems like the United States is
• 56:48
  going down the private route, like saying, you know what
• 56:51
  Bitcoin is the thing, you know, Bitcoin is the future strategic
• 56:56
  Bitcoin reserve. You know, we'll use the stable
• 56:59
  coins to, you know, to spread, spread the dollar, etcetera,
• 57:03
  etcetera. The European Central Bank and
• 57:05
  Europe in general, they're doubling down, they're tripling
• 57:08
  down on this idea of a central bank digital currency.
• 57:12
  This is one of the recent posts by by the European Central Bank.
• 57:16
  The digital euro is not just about creating a new form of
• 57:20
  money, says chief economist Philip R Lane.
• 57:24
  It is about ensuring that Europe retains control over its
• 57:27
  monetary and financial destiny in the digital age against a
• 57:32
  backdrop of increasing geopolitical fragmentation.
• 57:36
  Now, the way that I interpret this post, right, because
• 57:40
  they're talking about they're over.
• 57:43
  It's my monetary and financial destiny.
• 57:46
  I mean for the politicians, for the bureaucrats, but if you
• 57:50
  really want to control your monetary and financial destiny.
• 57:55
  You got to opt out. You got to you got to buy
• 57:58
  Bitcoin, earn Bitcoin, mine Bitcoin and put that Bitcoin in
• 58:02
  self custody. Because if not, you have
• 58:04
  absolutely no control over, you know, your monetary or financial
• 58:10
  destiny, right? So I just love how they phrase
• 58:13
  it in a way where it's like, all right, guys, we're, we're it's
• 58:16
  for you. It's not for us anyways.
• 58:19
  Here is Rob Ruse. I believe he's a, a, a
• 58:22
  politician, the European Union and he's talking about digital
• 58:27
  wallets. And again, you know, you have a
• 58:29
  central bank, digital currency. It just opens the door for all
• 58:33
  this potential tyrannical control.
• 58:35
  I mean, in Canada, it's like, trust us, bro.
• 58:39
  But in Canada, you know, even Canada, a Western democracy,
• 58:44
  right, that values freedom, you know the truckers protest,
• 58:47
  right? I don't think the government
• 58:50
  should have control over money. History has shown that they will
• 58:54
  abuse it. They will abuse that power.
• 58:57
  They will abuse that control. This is the problem that fix
• 59:00
  that Bitcoin fixes. Anyways, let's check out this
• 59:02
  clip. I just left the room where we
• 59:05
  had the negotiations about the digital identity and I have bad
• 59:10
  news. The Member States and the
• 59:12
  European Parliament came to an agreement that means that
• 59:17
  probably not far from now, the digital identity will be
• 59:21
  affected in the European Union right after this agreement,
• 59:26
  Commissioner Britton said. Now we have the digital identity
• 59:30
  wallet, we have to put something in it.
• 59:33
  And what he meant was the digital euro, also known as the
• 59:37
  central bank digital currency. And this is a very bad
• 59:42
  development. They always promise us not to
• 59:44
  make this connection. And even a lot of experts,
• 59:50
  privacy experts and security experts want also last week.
• 59:54
  This is a very bad idea for our privacy and our freedom.
• 1:00:02
  I just left the room. So I mean a digital ID connected
• 1:00:06
  with a digital wallet. I, I mean, I remember us
• 1:00:10
  Bitcoiners complaining and bringing this up and they would
• 1:00:13
  gaslight us, they would say. No, that's not happening.
• 1:00:15
  You guys are seeing things that are not there.
• 1:00:17
  That's that's fake news. I mean, doesn't sound like
• 1:00:20
  that's fake news at all. Anyhow, moving on to the some of
• 1:00:26
  the latest news. This article was written by a
• 1:00:28
  friend of mine, Efrat. Great content creator, great
• 1:00:31
  podcaster, and she's saying the ECB prepping the ground for
• 1:00:36
  digital euro launch. It goes on to say the European
• 1:00:39
  Union is laying the groundwork for the probable launch of its
• 1:00:43
  wholesale and retail CBDC, the digital euro.
• 1:00:47
  Christine Lagarde, president of the ECB shared this update at
• 1:00:51
  their latest press conference. Quote.
• 1:00:54
  President Lagarde stressed that the digital euro is more
• 1:00:57
  relevant than ever. Lagarde emphasized that the
• 1:01:00
  digital euro The EUCB EDC solution is set to launch in
• 1:01:05
  October 2025, provided it passes the legislative phase involving
• 1:01:10
  key stakeholders including the European Commission, Parliament
• 1:01:14
  and Council A Notably absent was this process is the European
• 1:01:19
  public, despite the significant impact this initiative will have
• 1:01:24
  on their daily lives. So again, when they talk about
• 1:01:27
  central bank money and they essentially phrase it in a way
• 1:01:33
  that it's for the public, central bank money is for the
• 1:01:35
  public and Bitcoin is actually private money.
• 1:01:38
  Remember this, This doesn't sound like democracy.
• 1:01:41
  I mean, look at what F fraud is saying.
• 1:01:42
  Notably absent from this process is the European public.
• 1:01:46
  I remember there is a poll that was released and most people in
• 1:01:50
  Europe are just like, we don't need this.
• 1:01:52
  I mean, why do you need a digital euro?
• 1:01:54
  Like, think about it, you have a bank account, your money is
• 1:01:58
  essentially digital at this point.
• 1:01:59
  At this point where this is a this is this is something
• 1:02:05
  searching for a problem. This is a solution searching for
• 1:02:08
  a problem which there isn't none.
• 1:02:09
  And also something to keep in mind as well is a central bank.
• 1:02:13
  Digital currency won't solve the issue that Bitcoin solves.
• 1:02:18
  What is the issue that Bitcoin solves?
• 1:02:20
  Bitcoin is money without inflation.
• 1:02:22
  That's why it's better money #2 Bitcoin is censorship resistant.
• 1:02:27
  You don't have to ask permission to send Bitcoin.
• 1:02:30
  You have to ask permission if you use a central bank digital
• 1:02:33
  currency and it doesn't solve the inflation problem.
• 1:02:36
  So they can't address that directly so that they'll use all
• 1:02:40
  this complicated language about European sovereignty and about
• 1:02:44
  dictating our future. No, dictating the future of of
• 1:02:48
  central bankers, dictating the future of politicians, but
• 1:02:52
  definitely not dictating the future, not benefiting any
• 1:02:56
  freedom minded individual that values their sovereignty, that
• 1:03:00
  values their privacy. Anyways, why is the digital euro
• 1:03:04
  more relevant than ever, says Efrat.
• 1:03:06
  Could it be linked to Ursula von der Leer's recent Rearm Europe
• 1:03:10
  announcement, which proposes the creation of the of an EU army?
• 1:03:14
  This initiative requires an estimated 800 billion in funding
• 1:03:18
  money. The EU doesn't have the options
• 1:03:21
  extracting it from the EU member States and their citizens, or
• 1:03:25
  printing fresh funds via the ECB.
• 1:03:28
  Either way, it's time to warm up the EC BS money printer.
• 1:03:33
  And here is Ursula von Dolan. I believe she's like the I
• 1:03:38
  forget her specific title. She's the president of the EU
• 1:03:41
  Commission anyhow, and, and, and as you can see too, like, you
• 1:03:47
  know, This is why Bitcoiners say, you know, Bitcoin ends
• 1:03:49
  wars, right? Like what a lot of people forget
• 1:03:53
  is that Bitcoin Fiat money is a wealth redistribution mechanism.
• 1:03:59
  Every time they print money, essentially it takes money from
• 1:04:03
  people that are not saving in assets, which are the lower and
• 1:04:06
  middle classes. They're living paycheck to
• 1:04:08
  paycheck. They're living on their
• 1:04:09
  salaries. They're, it's a wealth
• 1:04:11
  redistribution mechanism from them back to the government and
• 1:04:15
  back to the people that do own assets, but specifically back to
• 1:04:19
  the government. And I remember there is this
• 1:04:20
  this speech that Naimbu Kayla gave at CPAC where he's
• 1:04:24
  basically saying like, look, it doesn't make sense that all
• 1:04:27
  y'all are paying taxes because the primary method of which
• 1:04:31
  governments are using to fund themselves is printing money.
• 1:04:36
  But they want to give you this illusion that you are the ones
• 1:04:39
  essentially funding the That's not that's not true.
• 1:04:42
  Anyways, Efrog continues to say. Furthermore, the EU has
• 1:04:45
  introduced the quote Savings and Investments Union, aiming to
• 1:04:49
  redirect 10/10 trillion in unused savings from its citizens
• 1:04:54
  to finance military growth. I mean, that was crazy.
• 1:04:58
  I don't know if you guys ever saw that.
• 1:05:00
  Look, take a look at this. This this post.
• 1:05:03
  Brad was talking about communism early, earlier on.
• 1:05:06
  I mean, if this is the most, if this isn't the most communistic
• 1:05:10
  post, I don't know what is. Check out this post by Ursula
• 1:05:14
  von Derlin. She says Europe has all it needs
• 1:05:18
  to take the lead in the competitive race.
• 1:05:21
  This month the EU Commission will unveil savings and
• 1:05:25
  investments. Union will turn private savings
• 1:05:29
  into much needed investment. That is effing crazy.
• 1:05:34
  With a central bank digital currency, they can do that.
• 1:05:38
  They can play God with money. With Bitcoin in self custody,
• 1:05:43
  they cannot do that, which is why they're not a fan of
• 1:05:47
  Bitcoin. I mean, do you guys remember
• 1:05:49
  Christine Lagarde's own words where she says that Bitcoin is a
• 1:05:53
  quote? Escape.
• 1:05:54
  Valve, I mean, that is absolutely bonkers.
• 1:05:58
  Brad, what's your take on that? The president of the EU
• 1:06:01
  Commission saying, quote, we'll turn private savings into much
• 1:06:07
  needed investment. That is nuts that she feels
• 1:06:10
  entitled to your savings, Brad. Well, I didn't see that.
• 1:06:16
  Actually, I, I try not to follow the news as closely these days
• 1:06:20
  because I try to study history more because it just triggers me
• 1:06:23
  and activates that like Bitcoin activists sort of mindset where
• 1:06:29
  I was like, oh, I got to save people, I got to give my
• 1:06:30
  opinion. I got to stop all the whatever
• 1:06:33
  The thing is, which is just a total waste of my time, puts me
• 1:06:36
  in a bad mood and then I'm like, it's affecting my actual life.
• 1:06:39
  So I try, I try to not follow the news.
• 1:06:41
  So like that's crazy. I just, I just heard about that
• 1:06:44
  from you right now. So I, I just read the book
• 1:06:49
  daylight robbery by Dominic Frisbee.
• 1:06:51
  I'm not sure if you guys have heard of that before.
• 1:06:54
  Dominic's a comedian. He's like makes music and
• 1:06:59
  musical comedy and and he also wrote this book, Daylight
• 1:07:02
  Robbery. And he's, he's been on a few
• 1:07:04
  podcasts. I'm not sure if you guys have
• 1:07:05
  had him on. If you haven't, you should
• 1:07:07
  definitely bring him on because he's an expert in tariffs and
• 1:07:10
  taxation history. And one of the things I learned
• 1:07:13
  from his book was Europe's history of confiscation of
• 1:07:17
  wealth through wartime periods, including during like the
• 1:07:21
  Napoleonic wars. There's typically what it is is
• 1:07:27
  they will see the property, like the savings and the estates and
• 1:07:31
  the businesses of wealthy people in the occupied territories, or
• 1:07:36
  they will put reparations on the country that invaded if they
• 1:07:39
  lost. But like this honestly reminds
• 1:07:41
  me more of like the Nazi Germany history of when they found all
• 1:07:47
  these wealthy Jewish people that had businesses and tons of tons
• 1:07:52
  of money in the bank accounts and they literally just like
• 1:07:55
  confiscated all their wealth. And they even had this thing
• 1:07:58
  where any soldier could break into a Jewish estate and ship
• 1:08:04
  home anything they could fit in like a helmet or something.
• 1:08:07
  The weird, weird way they had it was like they could keep.
• 1:08:10
  And so it was like ship steal as much as you possibly can, ship
• 1:08:13
  it back to the government. And that was inside of Germany.
• 1:08:17
  So I mean, this, this is creepily kind of giving me vibes
• 1:08:21
  of like Nazi Germany policy, like feel everybody's wealth and
• 1:08:26
  use it for defense. Like, that's kind of insane that
• 1:08:29
  they're, they're saying that stuff out loud.
• 1:08:33
  Absolutely. I'm 100% I 100% agree with you,
• 1:08:36
  man. Because it is.
• 1:08:37
  It is. It is it in a way it is theft.
• 1:08:41
  It like it's crazy that you know, a politician feels
• 1:08:45
  entitled to someone savings and you could definitely see a lot
• 1:08:50
  of the parallels from 1930s nineteen 40s Germany Opti what
• 1:08:55
  what's your take on this, my friend?
• 1:08:57
  Like this is this is crazy. What did you do to Chrissy
• 1:09:01
  Lagarde? Brad, if you don't know, Opti
• 1:09:03
  dated Chrissy Lagarde. Once Upon a time and.
• 1:09:06
  We have a theory here at Simply Bitcoin that the reason that the
• 1:09:08
  European the central bank wants to double down on central bank
• 1:09:12
  digital currencies is to get back at Opti.
• 1:09:15
  So technically Opti is responsible for the roll out of
• 1:09:19
  CBD CS in Europe. Opti, what do you have to say
• 1:09:22
  for yourself? Yeah, well, I apologize, guys.
• 1:09:24
  I I fell for the scarves. But you know, it should happen.
• 1:09:28
  Should happen. My my take a look.
• 1:09:30
  I've been saying it for a while. You know, Europe's on the
• 1:09:32
  downside like they're sliding. I was trying to find this meme.
• 1:09:36
  I saw it this morning and and the rumble chat keeps yelling at
• 1:09:39
  me because we're not doing memes, but I tried to find the
• 1:09:41
  meme here. I couldn't find it, but someone
• 1:09:44
  did a really good take on this announcement here.
• 1:09:47
  So I pulled it up. Now go back, go back to all
• 1:09:50
  right. So you know here's the post and
• 1:09:52
  forgive me, I forget who did it. I couldn't find it right now.
• 1:09:55
  I thought I liked it this morning, but the real meaning of
• 1:09:57
  this tweet here is basically this.
• 1:10:00
  The digital euro is not money and it is about ensuring that
• 1:10:06
  Europe retains control. That's the real meaning of this
• 1:10:09
  tweet. And we've been talking about
• 1:10:11
  this forever on the show that CBDC is all about control.
• 1:10:15
  And as we see, you know, the US is embracing Bitcoin and stable
• 1:10:19
  coins and they are kind of taking a more pro freedom, pro
• 1:10:22
  free market stance right now. And on the opposite side, we're
• 1:10:26
  seeing the European Union, you know, metaphorically shoot
• 1:10:29
  themselves in the foot and they are doing everything they can to
• 1:10:32
  clamp down on capital. As we as you put that one tweet
• 1:10:35
  of Ursula, you know, they're trying to turn private
• 1:10:38
  investments and private savings as an investment.
• 1:10:41
  And they're even using this like new rhetoric about unused
• 1:10:44
  savings. Like what does this even mean?
• 1:10:46
  Like savings by itself, like that is a use case to save your
• 1:10:50
  capital. So it.
• 1:10:51
  Looks like the. European Union is in decline
• 1:10:54
  right now. And you know, there's a lot of
• 1:10:56
  people kind of on the Tom Luongo side where they're saying that
• 1:10:59
  the has been fighting the ECB and, you know, the European
• 1:11:03
  Union seems to be going bankrupt.
• 1:11:05
  And, and as they decline, they're doing whatever they can
• 1:11:07
  to control capital. So, you know, I'm pretty glad
• 1:11:10
  that I'm an American at this point because the EU is, is not
• 1:11:14
  looking good right now. And I think it's only going to
• 1:11:16
  get worse. And as, as we've seen
• 1:11:18
  historically, when an empire or you know, a country goes into
• 1:11:23
  decline, some of the first things they do is capital
• 1:11:25
  controls because they understand, hey, people start to
• 1:11:27
  move capital like we're going to go bankrupt quicker.
• 1:11:30
  And this is exactly what the European Union's doing right
• 1:11:33
  now. So it's not looking good for the
• 1:11:36
  EU at this point. And if this isn't a signal for
• 1:11:39
  why you need Bitcoin, then I really don't know, you know,
• 1:11:42
  what you're looking at and what you think, cuz this should be a
• 1:11:45
  clear signal that, yeah, if they're going to go full CBDC, I
• 1:11:50
  probably want some Bitcoin. And now they're even talking
• 1:11:52
  about taking your bank account and turning that into, you know,
• 1:11:56
  state investments. It's like, man, it is, is
• 1:11:59
  looking really bad to be in the EU currently.
• 1:12:02
  So I would not wish this upon any Bitcoin or over there or
• 1:12:05
  even just the normal citizenry. I bet they don't understand
• 1:12:07
  what's going on. Maybe they even think this is a
• 1:12:09
  good thing. But man, this is a a clear
• 1:12:11
  signal for why you need Bitcoin. Absolutely, 100%.
• 1:12:15
  Anyhow, ladies and gentlemen, if you guys are enjoying the stream
• 1:12:17
  so far, 2500 of you guys between X and YouTube and let me check
• 1:12:24
  the Rumble audience. Rumble is flying. 311 of you
• 1:12:27
  guys watching live on Rumble. Make sure to smash that like
• 1:12:32
  button. You're listening to simply
• 1:12:33
  Bitcoin live with Nico Opti and our guest for today, Brad Mills.
• 1:12:38
  The best beard in Bitcoin guys. We're going to be heading to the
• 1:12:41
  culture segment we're going to be talking to.
• 1:12:44
  Brad about his. Latest entrepreneurials,
• 1:12:47
  entrepreneurial endeavors. So we will be right back for the
• 1:12:51
  culture segment. I want to give a shout out to
• 1:12:55
  our partner Hive Digital Technologies as the first ever
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  public miner Hive's position to quadruple their global footprint
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  sustainable high performance computing.
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  They. Consistently topped the industry
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  in Bitcoin mine per exahash, and now they're headquartered in the
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  USA, they're. Lean and mean, They're green and
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  clean and they're changing the game.
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  You can. Catch the latest buzz by
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  following them at Hive Digital Tech or check out their website
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  at Hive digitaltech.com. I want to.
• 1:13:47
  Give a shout out to our partner Coin Kite.
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  and use promo code simply to get 5% off anything on the store.
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  All right, everybody, we are back.
• 1:14:57
  That's right. Ladies and gentlemen, we have a
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  new hardware wallet sponsor. This is the cold card queue.
• 1:15:02
  It's incredibly awesome. Incredibly.
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  Easy to use it's our daily driver here at Simply Bitcoin
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  and you could check out the MK4 as well.
• 1:15:11
  I don't have it on me, but I'll have it on me tomorrow and it
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  comes with any color. It comes in all these different
• 1:15:15
  colors. So obviously you can get the
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  original transparent 1. You can get the you can get it
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  in red, you can get it in black. I like the black one.
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  The black 1 looks really, really cool.
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  There's a glow in the dark one as well.
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  So guys, I always get this message.
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  Nico, how do we support the show?
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  off anything on their store. Opti uses it, I use it.
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  It's a great hardware wallet. Guys, check out Cold card.com.
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  Someone in the chat says love my queue.
• 1:15:51
  Anyways, we got Brad Mills in the house joining us today.
• 1:15:55
  Brad. How you doing bro?
• 1:15:58
  Oh, I'm doing excellent, man. Too much, Too much winning.
• 1:16:04
  Too much winning, man. I mean Trump.
• 1:16:05
  Said You guys are going to get tired of winning anyways, Brad,
• 1:16:09
  you've started a media presence and media operation.
• 1:16:15
  Why'd you do that, bro? You've been in Bitcoin four or
• 1:16:17
  five cycles now. You're thriving.
• 1:16:20
  You know you're living a you're living a good life, but why did
• 1:16:24
  you decide to start a media company?
• 1:16:27
  Well, about a year ago, January, February 2024, I felt this urge
• 1:16:39
  because I turned 40 and I guess it was midlife crisis, maybe a
• 1:16:43
  little bit related. I felt this urge to upgrade my
• 1:16:48
  lifestyle. I was not happy with the, the
• 1:16:51
  home I was living in. And I was like, you know, I've
• 1:16:55
  been practicing delayed gratification.
• 1:16:58
  I've been, I've been doing my best to support other people
• 1:17:02
  around me. I've been kind of like upgrading
• 1:17:04
  the lifestyle of my family members, bought a bought a place
• 1:17:09
  for my sister and my dad and my mom and kind of like used a lot
• 1:17:14
  of my Bitcoin cash outs that I had done to invest in Bitcoin
• 1:17:20
  startups and do some Angel investing.
• 1:17:22
  And, you know, I did a little bit of a little bit of my stuff
• 1:17:29
  of myself. I bought an RV and I was like,
• 1:17:31
  you know, I bought, I built a little vacation home on the East
• 1:17:34
  Coast of Canada so that I could travel back to my, my family
• 1:17:40
  lives there in Cape Breton by the by the ocean.
• 1:17:44
  And I was like, you know, I want to like really surround, upgrade
• 1:17:50
  my surroundings so that I can wake up and be in a place that
• 1:17:55
  gives me an inspiration feeling, you know, rather than just kind
• 1:17:58
  of living in a normal middle class home.
• 1:18:00
  I was like, I want to, I want to live in like a luxury home.
• 1:18:03
  I live in a dream home. I want to, I want doors with
• 1:18:06
  like wooden circles in the background, you know what I
• 1:18:08
  mean? And I was like, OK, why am I
• 1:18:14
  feeling this way? Like what is going on here?
• 1:18:17
  Am I am I like, is this middle life crisis?
• 1:18:19
  Do I need this? And it was because I was not
• 1:18:25
  happy with the way that my life was going.
• 1:18:27
  Like I was, I was happy with my financial situation because
• 1:18:32
  Bitcoin is kind of provides you that, that ability to slow down
• 1:18:36
  and think long term and not have to be so, you know, reactive to,
• 1:18:44
  to, to the short term. So I was spending a lot of my
• 1:18:49
  time on clubhouse with like a lot of Bitcoin friends, American
• 1:18:53
  Huddle and John Seth and you know, the anchor watch crew and
• 1:18:57
  all the, all the, the clubhouse crew.
• 1:19:00
  And I was like 8 hours a day on clubhouse.
• 1:19:03
  And we're like started off of doing a lot of orange peeling
• 1:19:06
  and like constantly helping people.
• 1:19:08
  People come in, we bring them up, we answer the questions
• 1:19:10
  about Bitcoin, we debate with them about shit coins a lot of
• 1:19:13
  the time. And it was just like an outlet
• 1:19:16
  for, for education and creativity.
• 1:19:18
  But then as the market went on and went to the bear market,
• 1:19:22
  like it just became more of like a social hangout place for us
• 1:19:25
  all the kind of hangout and, and, and commiserate together
• 1:19:28
  and be a group support. So I had that urge to want to
• 1:19:34
  educate more people and I, I'm always getting people messaging
• 1:19:37
  me about, oh, what should I do? Like I, you know, you said to
• 1:19:40
  buy Bitcoin. So, you know, I bought some, I
• 1:19:42
  bought some Bitcoin. What do I do now?
• 1:19:44
  It's, it's, it's down to $1.50. And I'm like, what do you mean
• 1:19:50
  your Bitcoin's down to $1.50? And like, yeah, I bought a
• 1:19:52
  Bitcoin, a Dogecoin Bitcoin. And like, no, that's not
• 1:19:56
  Bitcoin. That's, that's shit going.
• 1:19:59
  So, you know, you get those people.
• 1:20:01
  Plus I get entrepreneurs that are coming to me being like, I
• 1:20:04
  want to, you know, I feel like I'm kind of being left behind
• 1:20:08
  here. Like I'm doing all the right
• 1:20:10
  things. I have a financial advisor but I
• 1:20:12
  feel like I'm treading water. Could you give me a hand with
• 1:20:15
  this? And I just feel like I desire to
• 1:20:18
  help a lot of people, but it's very difficult to actually scale
• 1:20:22
  that from a time perspective. So I would always just do what I
• 1:20:26
  could, but it was kind of like I was ineffective and I was
• 1:20:32
  spending more of my time just like on Twitter, shit posting,
• 1:20:35
  arguing with people, getting triggered by the latest crypto
• 1:20:38
  news, getting triggered by this or that.
• 1:20:41
  And then on Clubhouse, kind of like wasting my time.
• 1:20:44
  A lot of the times it was just shooting the shit about politics
• 1:20:46
  or, or whatever random thing was happening in culture, not even a
• 1:20:49
  lot of Bitcoin stuff, stuff. And then the rest of my time I
• 1:20:52
  was investing in Bitcoin startups, talking to Bitcoin
• 1:20:55
  founders. So I was like, that's the one
• 1:20:56
  thing that I'm like feeling like effective about.
• 1:20:59
  Like I really, I really love doing that where I can meet with
• 1:21:02
  Bitcoin founders that are trying to build cool Bitcoin products
• 1:21:05
  and support them and back them and see, see what, see what they
• 1:21:09
  can do. But then everything else in my
• 1:21:11
  life, I was just kind of feeling a little bit like I'm not doing
• 1:21:14
  proof of work. Like I wasn't going to the gym,
• 1:21:16
  I wasn't eating right. I was waking up late, I was
• 1:21:19
  going to bed late. I wasn't getting my time in with
• 1:21:21
  my wife and my daughter like I wanted to.
• 1:21:23
  And I, I just felt like the urge to buy the new home was just
• 1:21:27
  like covering up of all my problems.
• 1:21:31
  So I was like, first of all, I was like started to step back,
• 1:21:35
  like, why are you feeling like this?
• 1:21:37
  And if Bitcoin is inevitable, which after some thought you
• 1:21:42
  realize that it is inevitable if it's.
• 1:21:45
  And then so you get into that mindset of like, OK, Bitcoin is
• 1:21:48
  inevitable. What if I just have to just hold
• 1:21:52
  on? Like what if I don't have to do
• 1:21:54
  shit if if all I have to do is just hold on to Bitcoin and not
• 1:21:58
  lose my grip as it rockets to global wealth asset and like
• 1:22:02
  creates new a new wealth class and power class.
• 1:22:06
  You just have to hold on as tight as you can.
• 1:22:08
  You don't really have to do anything else.
• 1:22:10
  You don't have to be out there educating people.
• 1:22:12
  You don't have to be out there like arguing with people about
• 1:22:15
  shit coins and you don't even have to be building a Bitcoin
• 1:22:17
  business or anything like that. But that is like, they're two
• 1:22:21
  separate things, like what are you passionate about?
• 1:22:23
  What are you going to try to do for your career and what are you
• 1:22:26
  going to do with Bitcoin? And just just like hold on as
• 1:22:30
  hard as you possibly can is, is the thing I realized I should be
• 1:22:32
  doing. So in one way I was like, OK, I,
• 1:22:36
  I, I can do that. I can hold on as as hard as I
• 1:22:39
  can. And then if it gets to a
• 1:22:41
  million, if it gets to 5 million, if it gets to 10
• 1:22:43
  million per coin, do I actually have the leadership skills and
• 1:22:48
  the strength and the, you know, clarity of mind to be able to
• 1:22:52
  like manage that level of wealth and build a Bitcoin citadel and
• 1:22:56
  actually influence people and show up in my community?
• 1:23:00
  And the answer to for me was like, no, I'm not ready.
• 1:23:03
  So it, I took the year basically before buying my new home to
• 1:23:10
  sort all that shit out. I was like, I got to learn
• 1:23:12
  leadership skills. I got to become a more effective
• 1:23:15
  with my time. I have to exercise more.
• 1:23:17
  I have to prioritize my relationships with my wife and
• 1:23:20
  my daughter and just get more structure in my life and be able
• 1:23:23
  to start being more effective with my time so that I can then
• 1:23:28
  try to do something. And then that's what I spent the
• 1:23:31
  whole year doing. So I hired some coaches and I
• 1:23:34
  started doing a lot of coaching. I said I got a fitness coach.
• 1:23:37
  I started hitting the gym six days a week and just got a lot
• 1:23:41
  of like changes in my life. I really kind of disconnected
• 1:23:44
  from that reactive sort of like Twittersphere and I just started
• 1:23:46
  focusing more on me and my, you know, up levelling myself.
• 1:23:51
  And so the whole plan around the media company is to take the
• 1:23:56
  things I'm passionate about and be able to do it in a way that
• 1:23:58
  doesn't just deplete my Bitcoin stack.
• 1:24:01
  So before what I was doing was just, it was just always
• 1:24:05
  depleting my Bitcoin stack. Like everything I was trying to
• 1:24:08
  do, whether it was investing or helping people or hiring
• 1:24:11
  somebody or whatever, donating to causes, it was all just
• 1:24:14
  depleting my stack. And so I got to the point where
• 1:24:18
  I figured a way that I can borrow against my Bitcoin.
• 1:24:21
  So I did end up upgrading my lifestyle a month ago.
• 1:24:27
  And so now I'm in this beautiful new home.
• 1:24:29
  And I didn't make the mistake that I made in the past where
• 1:24:32
  before I would, I would have sold Bitcoin and be like, it's
• 1:24:36
  OK, you deserve it. You can take some off your
• 1:24:38
  stack, You know, you've held for so long.
• 1:24:41
  But then I'm like, shit, man, like Michael Saylor's actually
• 1:24:43
  going to help pump this thing to $10 million.
• 1:24:45
  So I gotta why would I let the grip go at all?
• 1:24:48
  I can hold on the side as I can. And it's true that as Bitcoin
• 1:24:53
  matures into this asset class that's like respected by
• 1:24:57
  everybody in is a must own asset and integrated into the
• 1:25:01
  traditional system and banks will see it as collateral then.
• 1:25:06
  Yeah, I mean, that's just more network effects.
• 1:25:07
  So I figured out a way that I could safely without taking too
• 1:25:12
  much risk, borrow against my Bitcoin where I was not giving
• 1:25:16
  up custody of my Bitcoin because that was the biggest problem for
• 1:25:19
  me. I avoided all the like, lending
• 1:25:21
  collapses and all that shit. I was out there ringing the
• 1:25:24
  alarms of like, you know, Block Fi and Celsius and all these
• 1:25:27
  things last cycle. So I was like, it doesn't matter
• 1:25:30
  how badly I want to upgrade my lifestyle and get my wife and my
• 1:25:33
  family and myself into a nicer home with some land for my dog
• 1:25:35
  to run around on. I don't want to let somebody
• 1:25:38
  else hold my Bitcoin because I don't know what they're going to
• 1:25:41
  do with it. I don't want them re
• 1:25:41
  hypothecating. I don't want them doing what God
• 1:25:44
  knows what with their Bitcoin, giving it to the next crypto
• 1:25:46
  fund. That's, you know, maybe Eric
• 1:25:47
  Trump starts a friggin shit coin thing and he they're like, oh,
• 1:25:50
  what's this the president's son? He won't screw it up.
• 1:25:53
  Here you go. Here's the Bitcoin and then it
• 1:25:55
  blows up. So I figured, OK, I got to get
• 1:25:58
  all my shit together. I got to have people that I can
• 1:26:00
  hire that can support me. I've got to be more efficient
• 1:26:02
  with my time. And I got to become the person
• 1:26:05
  that is capable through proof of work, to be able to be more
• 1:26:09
  effective and influence other people and hopefully inspire
• 1:26:12
  other people to be the best versions of themselves as well
• 1:26:15
  that, that they can be. So that's the journey I'm on.
• 1:26:18
  That's why I started the podcast or the, the, the pal media
• 1:26:22
  company. And it's kind of been like a
• 1:26:24
  whole proof of work lifestyle upgrade journey that I'm kind of
• 1:26:28
  still on. But I feel very confident in the
• 1:26:31
  in the progress I've made so far.
• 1:26:33
  That's awesome, man. And, and, and it's, it's
• 1:26:36
  interesting because I've seen it, I've seen it for, for older,
• 1:26:42
  more like older than you, Brad, like like high net worth
• 1:26:45
  individuals, like they make it in life.
• 1:26:47
  You know, they don't need to work a day in their life if they
• 1:26:50
  don't want to. But it seems like, as if human
• 1:26:54
  beings are like, like people need purpose, right?
• 1:26:59
  So like, you know, I think materialistic materialism only
• 1:27:04
  takes you so far. Like it brings you a ton of
• 1:27:06
  comfort. You get the car you want, you
• 1:27:07
  get the house you want, but it's almost as if you need a reason
• 1:27:11
  to get up in the morning, right? And you know, it's as
• 1:27:16
  Bitcoiners. I was like going through, I
• 1:27:18
  forget, I think it was Parker Lewis that made the
• 1:27:20
  presentation, but it was essentially he was making the
• 1:27:22
  argument that as Bitcoin. Continues to go up in value.
• 1:27:30
  I think the number was between. 30 and 40.
• 1:27:33
  Percent of ultra high net worth individuals are going to be
• 1:27:37
  bitcoiners. So an ultra high net worth
• 1:27:38
  individuals defined as someone who has $30 million of assets or
• 1:27:43
  more. And that percentage as bitcoins
• 1:27:46
  price continues to grow, that percentage is going to get
• 1:27:49
  higher and those people are going to have more and more
• 1:27:53
  influence over the world because that's how it works, right?
• 1:27:56
  You're a wealthy person, you have more influence over
• 1:27:58
  society. Like that's just how things are,
• 1:28:01
  right? So what is this society that
• 1:28:03
  we're going to be inheriting right as Bitcoiners, as you
• 1:28:06
  know, like we ran into the best money the world has ever seen
• 1:28:09
  Bitcoin heads hits 10 million like.
• 1:28:13
  What are you? What are you going to do and and
• 1:28:15
  what are you going to do to leave the world a a better place
• 1:28:18
  than than? What you found it right for your
• 1:28:20
  kids, right? Because you know, the way that I
• 1:28:23
  see it, Brad, is like really we have two futures ahead of us.
• 1:28:26
  We have the Fiat future, which is the slavery future, and then
• 1:28:30
  we have the Bitcoin future. How do we ensure that the world
• 1:28:34
  is heading towards a future of freedom, peace, prosperity,
• 1:28:37
  opportunity for all? So I commend you for that, man.
• 1:28:40
  That's very, very admirable. You don't have to do this if you
• 1:28:44
  don't want to, but you felt like you had the necessity to and and
• 1:28:47
  that's really, really awesome. Now I want to, I want to kind of
• 1:28:50
  ask you for a couple of things, right?
• 1:28:53
  First thing is the don't sell your Bitcoin and upgrading your
• 1:28:58
  lifestyle in the right way, right?
• 1:29:01
  This is something. That like for me personally,
• 1:29:04
  I've been at this for nine years.
• 1:29:06
  Like I'm maybe not as exhausted as you, Brad, but I'm tired.
• 1:29:11
  I'm tired. And I'm like, oh man, you know,
• 1:29:14
  but you did it in a way where you didn't sell your Bitcoin
• 1:29:18
  stack, but you were able to leverage your Bitcoin stack to
• 1:29:22
  still upgrade your lifestyle without having to sell your
• 1:29:25
  coin. So I know you talked a little
• 1:29:27
  bit about using Debbie Fi and, and, but how did how did you go
• 1:29:31
  about it? What would be the strategy you
• 1:29:34
  would give to somebody that's listening right now because we
• 1:29:37
  have Bitcoiners? From all walks of life.
• 1:29:40
  People that got in in 2020, so they still got their dues to pay
• 1:29:43
  you still got a couple cycles to pay, you know, before you start
• 1:29:47
  thinking about this. But let's say you have
• 1:29:49
  Bitcoiners from 2013, 2016, 2017, you know, perhaps 2021.
• 1:29:57
  What what? What would your advice to them
• 1:29:58
  be? Yeah, I mean, honestly, I went
• 1:30:02
  through it myself and there is a certain percentage of this look,
• 1:30:07
  I have, I, I, I, I seek the counsel of many smarter and
• 1:30:13
  wealthier people than myself in Bitcoin when I'm making these
• 1:30:17
  decisions. So I mean, I, I spoke to
• 1:30:19
  American Huddle about this quite a bit.
• 1:30:20
  And Jeff Booth and Jason Williams and Becca from, you
• 1:30:27
  know, Becca Rubenfeld, like I speak to a lot, I seek the
• 1:30:30
  counsel of a lot of people before I make moves.
• 1:30:33
  And I, I, it's just the way I operate.
• 1:30:35
  I always try to go out and gather insights and, and input
• 1:30:38
  from people and see what their thoughts are.
• 1:30:40
  And, and then I also do some thinking myself and kind of
• 1:30:43
  meditate on things in journal and stuff before I make
• 1:30:46
  decisions, like big decisions. And in the previous cycle, so
• 1:30:50
  like, we'll say like my third cycle in, I didn't sell a single
• 1:30:55
  SAT until 2017. So except for the stupid move I
• 1:31:00
  made in 2011 when I sold half my Bitcoin 30 bucks.
• 1:31:05
  So that was the first dumb move I made.
• 1:31:07
  And then I was like, OK, this thing is not an asset that that
• 1:31:10
  I should be trading. I'm not, I'm not, I shouldn't be
• 1:31:13
  putting it on exchanges and letting exchanges get hacked.
• 1:31:15
  Like that's a dumb move. And then I also made a dumb move
• 1:31:18
  of trying to like, well, I'm an entrepreneur, so I'm going to
• 1:31:20
  start a mine, I'm going to start mining Bitcoin.
• 1:31:22
  And I invested a lot of money into mining Bitcoin that blew
• 1:31:25
  up. Actually one of the partners in
• 1:31:28
  that company turned out he was a a drug addict and he didn't pay
• 1:31:32
  any of the bills. Instead of paying the bills, he
• 1:31:34
  bought more drugs. And then our all of our shit got
• 1:31:37
  seized and we didn't realize what was happening until it was
• 1:31:40
  too late. And thankfully he didn't steal
• 1:31:42
  the Bitcoin, but he like screwed everything up and we lost a lot
• 1:31:45
  of money on that. Then I had a partner kind of
• 1:31:48
  like have a mental breakdown on another issue, kind of took half
• 1:31:52
  my Bitcoin. So I didn't sell Bitcoin, but I
• 1:31:56
  lost Bitcoin. I had to get back in.
• 1:31:58
  So it's not like all my, my cost basis is all at like 10 bucks or
• 1:32:02
  something like that. I had to come back in quite a
• 1:32:05
  few times. Even COVID was the another
• 1:32:08
  example where I was like buying back the coins that I sold at
• 1:32:11
  you know, 8 or $9000 for like 15 and $20,000 because I realized
• 1:32:17
  like, OK, I screwed that up. I got to get my position back
• 1:32:20
  like so my cost basis is much higher.
• 1:32:24
  But the whether your cost basis is like $20,000 or if it's
• 1:32:29
  $50,000, I mean, or, or or 5000 or 1000, it doesn't, it doesn't
• 1:32:36
  really make too much of a difference in the end.
• 1:32:38
  Because if you think this thing's going to 10 million,
• 1:32:41
  even a slight chance of it going to 10 million and you think in
• 1:32:43
  the next 5 to 8 years it's going to be at a million.
• 1:32:48
  It doesn't matter the cost basis really.
• 1:32:50
  The, The thing is, how much can you stomach losing that gain and
• 1:32:55
  to upgrade your lifestyle in the present?
• 1:32:58
  And you just got to make that calculation for yourself.
• 1:33:00
  And I, so I had done that a couple of times.
• 1:33:03
  Like when I go back and look at how much Bitcoin I sold in 2017
• 1:33:07
  to to buy my mom a house and buy my grandmother a house and buy
• 1:33:09
  my dad a house and pay my mortgage off and start investing
• 1:33:13
  in Bitcoin businesses. Terrible, terrible decision.
• 1:33:17
  Like I should have just been renting or I should have.
• 1:33:18
  I should have just figured something else out or been
• 1:33:21
  slower about doing moves. But I was holding for six years
• 1:33:26
  at that point. So I was like, well, it's, I
• 1:33:28
  deserve it. I got to take some off.
• 1:33:30
  Stupid move really in the end because just for my house alone,
• 1:33:35
  like I sold 21 Bitcoin to pay off my mortgage which was worth
• 1:33:38
  $280,000 at the time in 2018. And that 21 Bitcoin now is what
• 1:33:44
  like $3,000,000 or something like that in Canadian.
• 1:33:50
  So obviously I was stupid financially when you look back
• 1:33:53
  and even to upgrade my life, like who cares if I didn't have
• 1:33:56
  that? So I would have been paying an
• 1:33:58
  extra $700.00 or 1200 bucks a month on a mortgage.
• 1:34:02
  That's not a big deal to get $3,000,000.
• 1:34:05
  So I would just say that there's one school of thought that seems
• 1:34:10
  to be shared by a lot of my Bitcoin council friends, which
• 1:34:15
  is like take 5% or 10% or whatever, whatever your number
• 1:34:19
  is, there's a certain percentage of your, of your wealth that you
• 1:34:22
  should just, who cares what you spend it on?
• 1:34:24
  If it's going to upgrade your lifestyle, it's going to make
• 1:34:25
  your wife feel better. If it's going to give your kids
• 1:34:27
  a nice place to grow up in, if it's going to make you feel more
• 1:34:30
  inspired, then it just doesn't matter.
• 1:34:32
  Just spend it. And then there's another school
• 1:34:35
  of thought, which is like the Michael Saylor, Jeff Booth
• 1:34:37
  school of thought, which is like, hold on as tight as you
• 1:34:41
  possibly can if you're smart because this thing is going so
• 1:34:44
  high that you're going to be so wealthy.
• 1:34:46
  If you don't make those decisions in the short term.
• 1:34:48
  Or if you figure out a way to generate some revenue and become
• 1:34:51
  valuable to provide value for other people, to pay off the
• 1:34:54
  interest of loans that you can finance upgrading your lifestyle
• 1:34:57
  with Bitcoin or borrow money some other way, then just do
• 1:35:01
  that, like exhaust every potential option you can before
• 1:35:05
  you start selling Bitcoin. Because if we're right about
• 1:35:07
  this thing, it's going to go so much more tired that you're
• 1:35:10
  going to be like me looking back at like 5 years ago selling 21
• 1:35:14
  Bitcoin thinking like what a stupid idea that was, even if it
• 1:35:18
  was like, but it's worth it. And you know, if I'm right about
• 1:35:21
  the price of Bitcoin, I'll still be very well off and I still
• 1:35:24
  will be OK. It's like, who cares?
• 1:35:26
  I would have had 21 more Bitcoin.
• 1:35:27
  Like that's a lot of, that's a lot of extra cushion for being
• 1:35:32
  able to meet margin calls on Bitcoin lending or, you know, in
• 1:35:36
  five years being able to do so much more with 21 Bitcoin and
• 1:35:40
  then I was able to do five years ago.
• 1:35:42
  So my advice on this is like, you got to figure out what type
• 1:35:44
  of person you are. Are you willing to like let
• 1:35:47
  yourself off the hook in the future for making terrible
• 1:35:49
  moves? And are you accepting spending
• 1:35:53
  three, you know, $3,000,000 worth of Bitcoin for $280,000 in
• 1:35:57
  the future? You know what I mean?
• 1:35:58
  If you're willing to be OK with making dumb financial decisions
• 1:36:03
  to make yourself feel better in the present, and it's not going
• 1:36:06
  to like really materially affect you negatively anyways, then I'd
• 1:36:10
  say probably that's OK for you to make that decision.
• 1:36:14
  But at least for me personally, I, I, I got to the point where I
• 1:36:17
  said no, more like I am not financing my lifestyle by
• 1:36:21
  selling Bitcoin anymore. From now on, I want to make sure
• 1:36:25
  that I'm thinking about this like a Rockefeller would do or
• 1:36:28
  like Michael Saylor talks about that.
• 1:36:30
  This is digital property. This is generational wealth.
• 1:36:33
  You don't sell your block of real estate in Manhattan, you
• 1:36:36
  borrow against it. And the other key part of this
• 1:36:39
  is like if you still have the energy and the creative output
• 1:36:42
  and the ability to create revenue, then you can borrow
• 1:36:47
  against your Bitcoin in a Safeway that's not over
• 1:36:49
  leveraged and not too risky to be able to survive 50% drops or
• 1:36:53
  two at least. And then use that at revenue
• 1:36:56
  that you create to pay off the interest of the loans or, you
• 1:37:00
  know, farm some Fiat, you know, upgrade your skills somehow and
• 1:37:03
  get a better job. Whatever it is, use that Fiat
• 1:37:07
  money coming in to pay off the interest on the Bitcoin loan
• 1:37:09
  that is not taking counterparty risk.
• 1:37:12
  So you don't have the risk of losing the Bitcoin if you're
• 1:37:14
  using something like Debify, which I used, or Lava, which is
• 1:37:19
  another great one that I'm an investor in both of those.
• 1:37:21
  I should put a disclaimer in there.
• 1:37:22
  I invested in, in both of those companies because I'm not just
• 1:37:26
  the, not just the president of the hair club for men.
• 1:37:29
  I'm also a user, you know what I mean?
• 1:37:31
  Like I like to use what I invest in and I only like to invest in
• 1:37:35
  things I'm going to use. Just like you were saying with
• 1:37:38
  Leaden, one of the sponsors of the shows that, you know, you
• 1:37:41
  got a Leaden loan out. So clearly it's it's you're not
• 1:37:44
  going to take a sponsor on that you wouldn't use.
• 1:37:46
  Same thing for me with investing and using.
• 1:37:48
  So sorry, there's a little bit of a rant there, fellas.
• 1:37:51
  Hopefully that that gives some insight.
• 1:37:53
  No, man, that was absolutely incredible.
• 1:37:55
  Brad, thank you for thank you for sharing that.
• 1:37:58
  And the audience is absolutely loving it.
• 1:38:00
  Opti, do you have any questions for Brad before we wrap up the
• 1:38:03
  show? Well, just one, and I told Brad
• 1:38:07
  we'd do this before the show, considering that you are kind of
• 1:38:11
  building a team for Palmedia. I know our audience is super
• 1:38:15
  hyped on trying to find some Bitcoin jobs.
• 1:38:17
  So call to action for you. I know you're looking for
• 1:38:20
  someone. Let's do that right now and then
• 1:38:22
  we'll wrap up today's show. Yeah, I am.
• 1:38:25
  I'm trying to, you know, like this isn't like a like I was
• 1:38:30
  saying, it's still a developing thing for me.
• 1:38:32
  So we're scaling this up. We're in launch mode right now.
• 1:38:35
  So you might have seen me on Instagram posting videos.
• 1:38:39
  If you're not following me on Instagram, I'm at Brad Mills can
• 1:38:42
  there on Instagram and I try what my strategy is.
• 1:38:45
  I'm trying to reach entrepreneurs, real estate
• 1:38:48
  investors, higher net worth folks that are kind of like
• 1:38:51
  scrolling around on these Instagram circles and you know,
• 1:38:55
  they're not typically bitcoiners aren't typically super active on
• 1:38:59
  Instagram. So I'm trying to hit the, the
• 1:39:02
  audience there and I'm trying to do like inspirational,
• 1:39:05
  educational and entertaining content on Instagram.
• 1:39:09
  So I'm doing viral reels and I've been, you know, hired a
• 1:39:13
  coach that's helping me figure out the whole thing around viral
• 1:39:16
  hooks and all that stuff. So I'm building a team, we've
• 1:39:19
  got like 3 or 4 people that were I'm working with right now and
• 1:39:23
  we shoot once a week. And I'm really looking right now
• 1:39:26
  for comedy writers to be able to help me create funny viral
• 1:39:31
  content cuz I have a couple of content pillars that I'm trying
• 1:39:34
  to hit. Like I said, education,
• 1:39:36
  entertaining inspiration and we're looking for a comedy
• 1:39:40
  writer right now that can kind of, we've got a, a job
• 1:39:44
  description that's going to go up on the website soon and then
• 1:39:46
  you'll do a test project for us. If you're interested in comedy
• 1:39:49
  writing for me, then you may have seen the post that I did on
• 1:39:53
  Twitter about a month ago as crypto traders doing their
• 1:39:56
  taxes. And it was just this long
• 1:39:57
  rambling rant about all these ridiculous names that crypto
• 1:40:01
  traders are going to have to talk to their accountants and
• 1:40:03
  the the tax man about it when they're trying to do their
• 1:40:06
  taxes. And that went pretty good too.
• 1:40:08
  Two and a half million views or something like that on Twitter,
• 1:40:11
  but really trying to hit that that niche on on Instagram and
• 1:40:16
  then, you know, provide a ton of value for like their average
• 1:40:19
  scroller on Instagram and then be able to speak to the higher
• 1:40:22
  net worth people that I can then do like one-on-one or group
• 1:40:26
  coaching with, but give all the information away for free in
• 1:40:30
  these videos. Some of them will be funny, some
• 1:40:32
  of them will be serious. But yeah, looking for a writer.
• 1:40:35
  And we're also going to be looking for some other roles
• 1:40:37
  too. So it's at bradmills.ca and I
• 1:40:40
  think it's slash careers, but there should be a careers button
• 1:40:44
  on the website. If you click on that, that'll
• 1:40:46
  show you all the open job postings.
• 1:40:49
  And yeah, hopefully we can, we can just kind of like educate
• 1:40:53
  people on the, on the Instagram. Actually the, the, the executive
• 1:41:02
  assistant 1 is already filled. I should probably take that
• 1:41:04
  down. Let's go guys.
• 1:41:07
  So hey, if you're looking for a Bitcoin job, you guys usually
• 1:41:10
  ask us, hey, are you guys hiring?
• 1:41:12
  Well, currently we're tapped out, but Brad is looking for
• 1:41:16
  some people. So reach out to him and maybe
• 1:41:19
  you guys can help Brad on that journey and provide some value.
• 1:41:22
  So Brad, the audience is loving the advice you just gave us here
• 1:41:27
  guys. I'll send you the the link right
• 1:41:29
  hear they're they're they're loving what you just said
• 1:41:32
  because they're like first hand advice.
• 1:41:34
  Love to hear it, especially from an OG like yourself that's been
• 1:41:37
  probably made all the Bitcoin mistakes and you know now they
• 1:41:40
  just got some lessons. They got some first hand advice
• 1:41:43
  what they should be doing, how they should be thinking.
• 1:41:45
  So I I think you gave a tremendous amount of value for
• 1:41:47
  the audience today you needed. What happened there?
• 1:41:54
  Absolutely, Brad, thank you so much for joining us, man.
• 1:41:57
  Those stories were incredible. Thank you for sharing that and
• 1:42:01
  sharing your, your experience And just it's a good insight for
• 1:42:06
  people. You know that wherever you are
• 1:42:09
  in your Bitcoin journey, you know, something that you have to
• 1:42:11
  understand is you have to pay your dues.
• 1:42:14
  It's an inevitability in Bitcoin.
• 1:42:17
  The more cycles you know you do, the more things you learn on
• 1:42:22
  what not to do. But there's lots of ups and
• 1:42:26
  downs. It changes you as a person.
• 1:42:27
  It changes you on a spiritual level.
• 1:42:29
  And just Brad, you're you're you're very deep down that
• 1:42:32
  rabbit hole, my friend. So thank you for sharing your
• 1:42:35
  insights and your experiences on the show today.
• 1:42:38
  Anyways, guys, if you guys enjoyed today's show, make sure
• 1:42:40
  to smash that like button. Of course, consider sharing
• 1:42:44
  today's video. We're at 2771 live viewers
• 1:42:49
  across YouTube and X and 300 of you guys watching live on
• 1:42:52
  rumble. If you guys again enjoy today's
• 1:42:55
  show, smash the like button, consider subscribing.
• 1:42:57
  Share today's content. I am your host, Nico.
• 1:43:00
  It's my legendary Co host Optimus Fields and our special
• 1:43:03
  guest for today's day, the best beard in Bitcoin.
• 1:43:06
  Brad Mills in the house. This was March 20th, 2025.
• 1:43:11
  This was simply Bitcoin live. Love you all.
• 1:43:13
  We'll see you tomorrow on the next one.
• 1:43:15
  Peace out, everybody. Today's episode was brought to
• 1:43:18
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:43:22
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