Latest / Simply Bitcoin / BREAKING: Michael Saylor Reveals That EVERY MAJOR Bank is Buying Bitcoin?! | EP 1394

Transcript

BREAKING: Michael Saylor Reveals That EVERY MAJOR Bank is Buying Bitcoin?! | EP 1394 · Simply Bitcoin

• 0:00
  Wholesaler just revealed that every major bank is privately
• 0:04
  asking him how to buy Bitcoin. And once you hear what he says
• 0:08
  in this clip we're about to play for you, you might finally
• 0:11
  understand why he's been frantically buying as much
• 0:15
  Bitcoin as possible in 2025. It's really all starting to make
• 0:20
  sense why he's been projecting he wants to own a million
• 0:24
  Bitcoin. It's it's kind of nuts, as we've
• 0:27
  been asking on the show for a long time.
• 0:29
  It's like, what does he know? Well, he finally revealed it to
• 0:32
  everyone what he's been sitting on.
• 0:35
  Let's hear from the Bitcoin MENA stage.
• 0:38
  Major inflection point is all of the large banks in the United
• 0:42
  States have gone from not banking Bitcoin 12 months ago to
• 0:47
  in the past six months. I have I have noted and been
• 0:51
  approached by BNY Mellon, by Wells Fargo, by Bank of America,
• 0:57
  by Charles Schwab, by JP Morgan, by city.
• 1:03
  They are all starting to issue credit against either Bitcoin or
• 1:07
  against Bitcoin derivatives like I bit.
• 1:10
  And so there's a sea change here.
• 1:13
  Wells Fargo and City of both announced intent to allow the
• 1:18
  custody of Bitcoin within the banks.
• 1:20
  And the year 2026, they'll start to extend credit.
• 1:25
  You heard it there guys, literally every major bank.
• 1:28
  Now, I know from a Bitcoiner perspective, from like a
• 1:30
  hardcore perspective, you're like, who cares, man?
• 1:33
  Like I, I didn't get in this for the banks to adopt Bitcoin.
• 1:37
  But as we always say, you know, Bitcoin is for enemies.
• 1:40
  And if you hear some of the earliest ridings in Bitcoin,
• 1:43
  again, in particular how Finney, this is kind of how it was
• 1:46
  always going to play out. And so as I've been saying for
• 1:49
  you guys, 2025 is fundamentally that year where we did cross the
• 1:55
  Rubicon. I remember earlier in this year,
• 1:57
  I kept kind of hinting on this idea that it feels like 2025 is
• 2:02
  the year that all the institutions come in that we do
• 2:05
  get mainstream acceptance. And yet, and though retail
• 2:08
  hasn't really survived here, or rather hasn't really arrived
• 2:12
  here, we have noticed that fundamentally the institutions
• 2:17
  want your Bitcoin. And not only do they want your
• 2:20
  Bitcoin, but they are positioning themselves to
• 2:23
  unleash all of these Bitcoin products.
• 2:26
  And as I said, you know, sailors been out here frantically buying
• 2:30
  Bitcoin. Actually, when I was kind of
• 2:31
  going over this idea this morning, I, I was making the
• 2:35
  analogy that Sailor reminds me and he's been in Bitcoin for
• 2:38
  what, over four or five years at this point?
• 2:40
  But Sailor reminds me of when you first get into Bitcoin and
• 2:44
  you have this feeling like Bitcoin is going to RIP and
• 2:48
  you're just trying to stack as much Bitcoin as possible
• 2:51
  because, you know, like, it's going to go soon.
• 2:53
  Now, we didn't see that play out in 2025, but as we've kind of
• 2:58
  been hearing throughout the year, Sailor has been hinting on
• 3:00
  all of these ideas is like, like some of the conversations I'm
• 3:04
  having with some of the biggest names.
• 3:07
  It's really happening now. And This is why I think he's
• 3:10
  been, you know, buying as much Bitcoin as possible, unleashing
• 3:13
  all of these different Bitcoin products so that he can position
• 3:16
  himself. And he has said he wants to get
• 3:19
  to 1,000,000 Bitcoin. Now, for a while there, it was
• 3:22
  like, that's going to be impossible.
• 3:23
  But you got to remember, since the Trump administration came
• 3:27
  out pro Bitcoin, Sailor has stacked about 400,000 plus
• 3:31
  coins. Now, if the price stays at these
• 3:34
  levels for another six months, I don't think it's gonna be too,
• 3:38
  too big of a guess to say that sailor might actually acquire
• 3:41
  another what, 350,000 coins? I, I think he might be on that
• 3:45
  boat now. I'm not alone of course.
• 3:47
  I got Sophie with me today before I play another clip
• 3:51
  coming out of Bitcoin MENA where he also dropped another
• 3:54
  bombshell about who's he's talking to right now.
• 3:57
  Let's start here 'cause Soph, I know we've been covering the
• 4:00
  news of the institutions, the banks on On one hand, it doesn't
• 4:03
  really make you feel the best. You're like, I'm here to
• 4:05
  separate money from state. But now we know that the signal
• 4:09
  has been essentially shot. Like if you are looking at all
• 4:13
  this news right now and it doesn't make you feel like you
• 4:17
  need to own some Bitcoin. If you are a no coiner right now
• 4:19
  and you're seeing all of the biggest banks in the world.
• 4:22
  And this is basically like, Oh yeah, you know, I knew I
• 4:25
  shouldn't have bought it because the banks want it.
• 4:27
  Now it it's really hard to see how people are looking at this
• 4:31
  and not trying to stack as much Bitcoin as possible when every
• 4:34
  signal is saying you should probably get some of this stuff
• 4:37
  right now. So actually Sophie, I know we
• 4:40
  were talking this morning about Wall Street Co opting Bitcoin.
• 4:43
  I don't know if this is the angle you want to go on, so I'm
• 4:45
  going to just throw that out there.
• 4:47
  What's your thoughts on this? So.
• 4:48
  I mean, it's it's not so much just that Wall Street is Co
• 4:52
  opting Bitcoin or seeing the writing on the wall.
• 4:54
  I think that we've been making that case for, you know, the
• 4:58
  longest time, I think ever since October was a total failure.
• 5:02
  But what surprises me about what sailors talking about, and, you
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  know, now I am, I understand the reason that he was so calm this
• 5:10
  entire time about, you know, we all thought, oh, my God, he's
• 5:14
  going to get liquidated AT70K. What happens if that happens?
• 5:18
  And this man was just like, totally cool.
• 5:21
  Even when he had that attack by JP Morgan Chase, he was he was
• 5:26
  like, well, that might be kind of an exaggeration.
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  Like he just totally took it in stride.
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  And I think it's because the banks have absolutely humbled
• 5:36
  themselves to Sailor. They have not just bent the knee
• 5:40
  to Bitcoin, which, you know, was a no brainer.
• 5:44
  I think anybody could see that eventually traditional finance
• 5:47
  was going to bend the need to Bitcoin.
• 5:50
  But they've bent the need to Sailor.
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  They've bent the need to the outsider, essentially.
• 5:56
  And I find that extremely interesting because if they're
• 6:01
  capitulating to Sailor, then that means that not just not
• 6:06
  just sailors frantically buying Bitcoin, but they are too.
• 6:10
  And that could probably explain why there has been so much price
• 6:14
  manipulation. I think now we've confirmed that
• 6:17
  it's coming from inside of trad Phi and we've also seen some
• 6:22
  manipulation from the government.
• 6:25
  Frankly, I mean, for for our side, for our side, it's been a
• 6:29
  totally positive type of manipulation, but it is
• 6:32
  manipulation nonetheless. I mean, there are laws that are
• 6:35
  trying to be passed in favor of Bitcoin, in favor of stable
• 6:39
  coins, in favor of creating an infrastructure that supports
• 6:44
  Bitcoin. So they aren't just buy the the
• 6:47
  banks are kind of like they I feel like they think that
• 6:50
  they're late to the game. They aren't just admitting that
• 6:52
  they want to buy Bitcoin, but they're also saying we don't
• 6:56
  know how. And when they say they don't
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  know how the, the humility that is required to ask Sailor
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  specifically, that's the real signal that while we've been in
• 7:07
  a quote, UN quote bear market year, we have so much to look
• 7:12
  forward to in 2026. And this is absolutely not the
• 7:16
  end. I think that if you would have
• 7:18
  asked Bitcoiners 2 years ago if we would be happy with 94 K
• 7:23
  Bitcoin, we would all be over the moon.
• 7:25
  So it's just a matter of following the, you know, the,
• 7:30
  the principles of long time preference and being a little
• 7:35
  bit patient, right? Because eventually they are all
• 7:39
  gonna be on the same boat as us. Yeah, I mean, I think, I think
• 7:43
  it's become very clear this year that and I actually like the
• 7:46
  point that you said, they all kind of not just bent the knee
• 7:49
  to Bitcoin, but they bent the knee to Sailor and remember how
• 7:52
  much Flack Sailor was getting. And look, I, I've given Sailor a
• 7:55
  lot of shit on this show. I like I'll, I'll be, you know,
• 7:58
  I'm completely transparent on that.
• 7:59
  I do talk a lot of shit, you know, and I think everyone knows
• 8:03
  that. But I think, like the biggest
• 8:07
  example of this was the JP Morgan kind of scenario where,
• 8:11
  you know, they flooded strategy and then literally a week later
• 8:14
  they announced their own kind of sailor copycat model.
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  And now kind of it goes into what Simon Dixon was saying for
• 8:22
  a while there. He's like, look, JP Morgan is
• 8:24
  not out here attacking Michael Saylor.
• 8:27
  And now Michael Saylor himself says, like, yeah, I was having
• 8:29
  conversations with JP Morgan, so that's probably going into why
• 8:33
  he was just like, yeah, you know, my stock's kind of getting
• 8:36
  pummeled right now. You know, I get it.
• 8:38
  It's kind of like a bear market vibe.
• 8:40
  Everyone's piling on. But remember all those clips?
• 8:44
  He was very calm. He was actually almost gleeful
• 8:47
  through them. He's just like, yeah, dude, it
• 8:49
  doesn't matter. Like we're going to issue more,
• 8:52
  you know, more, more shares, we're going to, we're going to
• 8:54
  still buy more Bitcoin, etcetera.
• 8:56
  And I actually on a, on a kind of slightly different note
• 8:59
  before I do cover a little more of this stuff, I like, I like
• 9:01
  this comment right here by Rofo and it goes, it's the opposite.
• 9:04
  Buy Bitcoin because the banks are buying got to get it first.
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  And I, I think this is like the best signal 'cause there is a
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  lot of people out there, even hardcore bitcoiners that are
• 9:14
  thinking, man, I, I'm not going to buy any more Bitcoin.
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  Like Wall Street's here, Bitcoins here, Bitcoin has lost
• 9:22
  it's, you know, cypherpunk revolutionary spirit.
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  And this comment kind of hits the nail on the head.
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  It's like, no, you should be buying more now so that you
• 9:32
  actually get the Bitcoin instead of the banks.
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  That's what you should be doing, especially when they're out here
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  telling you, yeah, we want to acquire as much of this as
• 9:39
  humanly possible. The only thing you can actually
• 9:42
  do if you do believe in the cypherpunk ethos, if you do
• 9:45
  believe in the self custody revolution, is you need to
• 9:48
  acquire more Bitcoin. Now, obviously we don't have to
• 9:51
  capital of banks, but every SAT that you do buy and take into
• 9:55
  cold storage is 1 less SAT that the institutions in Wall Street
• 10:00
  get. So you know, shouts out the ROFO
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  on that because that that is literally what I was trying to
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  say. OK, you.
• 10:05
  Know I I agree with that. I think that if Sailor is
• 10:09
  scrambling to buy a million Bitcoin, then you should also
• 10:14
  probably be scrambling to raise your stack as much as possible.
• 10:19
  Because once institutions get their grubby little hands on
• 10:23
  Bitcoin and they start repurposing it as paper Bitcoin
• 10:28
  and selling it to your grandma and grandpa and start, you know,
• 10:31
  promoting 4 O1 KS with Bitcoin ETFs, you're going to wish that
• 10:37
  you had more Bitcoin. Whether that's that's for better
• 10:41
  or for worse, you're going to wish.
• 10:42
  Look at the topic though. Look at the comet.
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  Oh God, what? Even Sophie is more Polish than
• 10:48
  Nico. Well, well behind the scenes she
• 10:51
  was actually probably more bearish.
• 10:52
  I was. Having a moment.
• 10:53
  I was having a moment. I was really scared.
• 10:56
  I was like, it's over, we're done.
• 10:59
  We're going to have to hibernate for another two to three years.
• 11:03
  You know, the, the typical Penelope Cruise and that scene
• 11:06
  of blow. What are we going to do to live?
• 11:09
  But yeah, that was me. But I'm I'm OK now.
• 11:13
  I'm back to earth. I've.
• 11:15
  Been making content so I've been drinking my own Hopi.
• 11:18
  I'm getting high on my own supply and, and honestly, I
• 11:23
  just, I need to take my emotions out of it and realize that all
• 11:26
  of the pieces are coming together.
• 11:28
  I need to like switch from my female brain to my male brain
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  and just be like, all right, logically speaking, the
• 11:35
  government, traditional finance Sailor, they are all going hard
• 11:43
  on Bitcoin. Something listen, it's going to
• 11:46
  happen. You just got to have faith.
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  You got to wait. I'm a woman of God.
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  I, I have been through this before on a spiritual level.
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  And this is, and this is what it is.
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  It's just having a little bit of, of faith and I think it's
• 12:01
  going to be OK. I, I really, honestly this,
• 12:04
  everything that Sailor said at this conference put me back into
• 12:09
  the paradigm that we are going to possibly RIP in 2026.
• 12:15
  Yeah, I'm sorry. The chat, the chat's, the chat's
• 12:18
  killing it right now. All right, anyways, let's let's
• 12:20
  go a little further on this first particular news before I
• 12:23
  play you one more clip from Sailor at the Bitcoin MENA
• 12:26
  conference. I really like this response here
• 12:28
  from Caitlin Long. Obviously you guys remember her
• 12:32
  whole kind of saga with her custodia bank where they
• 12:36
  basically didn't give her a bank charter because she was fully
• 12:39
  collateralized and then said, oh, this isn't safe.
• 12:42
  Here's her take on this. So she is, I would argue, an
• 12:45
  insider on how banks work and how Bitcoin bank should properly
• 12:49
  work. And now that the big banks are
• 12:51
  coming into Bitcoin, this is her take.
• 12:54
  This is fine as long as the loans never go above 1 to one.
• 12:57
  If the banks are leveraged over 1 to one, this is not fine.
• 13:01
  Understand the difference between commodity credit versus
• 13:04
  circulation credit. Commodity credit is fine.
• 13:06
  Circulate credit is not so, you know, as as much as Sailor has
• 13:11
  come out here and he's been really touting this idea of
• 13:14
  digital credit, it's like, you know, it's his new kind of line
• 13:18
  here. Remember it was like cyber
• 13:19
  Hornets. I, I forget, I forget what the
• 13:21
  old stuff was what you know, I, I forget, you know, the energy
• 13:26
  of cyber Hornets protecting the goddess of, of money.
• 13:29
  I, I forget what they were, but I, I did like the old sailor
• 13:33
  isms. Now, you can tell if you did
• 13:36
  watch this Bitcoin MENA conference, I think all of his
• 13:38
  kind of not just a keynote, but every presentation he had, you
• 13:43
  can kind of see a different tone and kind of a different,
• 13:48
  slightly different perspective of what he's doing.
• 13:50
  And I think that is because he understands that he's talking to
• 13:53
  a whole new audience. He's no longer talking to the
• 13:56
  plebs out here. He's talking to sovereign wealth
• 13:58
  funds, nation states, the institutions, and so his his, I
• 14:04
  don't want to say his narrative is shifted, but his kind of
• 14:07
  example. His tone of voice is his.
• 14:10
  Examples are shifted. Had to shift.
• 14:12
  If you talk to these people, I'm not even going to say what was
• 14:17
  on my mind originally. You talk to these people in the
• 14:21
  same with the same incentives that would drive regular people,
• 14:27
  plebs, what have you, cypherpunks into buying Bitcoin.
• 14:31
  They're going to be like, why would we want this?
• 14:33
  But if you start speaking their language and say digital asset
• 14:38
  borrowing, whatever, like mumbo jumbo, if you start packaging it
• 14:43
  up in this neat, nice little wrapping paper with a cherry on
• 14:47
  top and disguise it as the stuff that they have usually been
• 14:53
  selling to their clients. Well then it might just work for
• 14:58
  them. And that those might be their
• 15:01
  reasons for buying it. And The funny thing is that our
• 15:04
  incentives don't have to necessarily align because
• 15:08
  Bitcoin is going to do what it's going to do.
• 15:10
  It's rooted in truth. You can't print more of it.
• 15:13
  You can't control it. You can't.
• 15:15
  But if you if you tell these people you're going to be super
• 15:19
  rich if you just buy a bunch of Bitcoin and repackage it and
• 15:22
  sell it. However you want, but the whole
• 15:24
  point is buying more Bitcoin and to us smarter people keeping it
• 15:29
  in self custody, then, you know, it's kind of a win win for both
• 15:33
  sides in my opinion. Yeah, there's there's comment on
• 15:37
  Rumble. Hilarious, He goes, what is it,
• 15:39
  Ben Benazit, Ben Assets. He goes, it's OK to be on the
• 15:44
  same boat as long as it's not the Titanic.
• 15:46
  So as long as we're not on the Titanic, we should be good.
• 15:51
  OK. Anyways, I do want to play one
• 15:54
  more clip. To that point, self custody
• 15:56
  would be the life. Yeah, yeah, exactly 100.
• 15:59
  Percent Think about who it is that tied on the Titanic, but
• 16:02
  that's that's a that's conspiracy theory for a
• 16:05
  different day. We're not here to talk about
• 16:08
  conspiracy theories. I love it.
• 16:11
  I love what Sophie thought. OK, OK, OK, next clip here.
• 16:14
  I don't know if you guys saw this, but Sailor also revealed
• 16:20
  other people that he's talking to.
• 16:23
  And I, I thought this was almost good enough for a show
• 16:27
  yesterday, but I'm really glad I saved it until we heard Sailor's
• 16:30
  keynote. Because if you combine both of
• 16:32
  these clips together, I think he's really kind of telegraphing
• 16:36
  and projecting where things are going.
• 16:38
  It's really the first half of this clip, but since he's been
• 16:41
  talking about digital credit and all this stuff, I'm going to
• 16:44
  play the whole clip that that's kind of the reason why I didn't,
• 16:47
  I didn't play it yesterday because I'm like, like the first
• 16:49
  part of the clip is really good. Now this whole digital credit
• 16:51
  stuff, I maybe it's because I'm a 42 IQ and I can't really
• 16:54
  understand fully what he's doing.
• 16:57
  I've never, I, I've never been shy to say on the show that I
• 17:01
  don't fully understand what Sailor is doing.
• 17:04
  I think he's doing something that in hindsight will look back
• 17:07
  and be like, OK, that was genius.
• 17:09
  So I'm going to play the clip in entirety, but really connect
• 17:13
  that first clip with the first part of this clip.
• 17:16
  And then and then you'll kind of get, you know, the second part
• 17:18
  of the clip might, might seem like it's really not related,
• 17:21
  but but I do kind of think it is.
• 17:23
  So here's the second clip from Bitcoin Mina.
• 17:26
  This actually aired before his keynote speech.
• 17:28
  So again, combining these two clips together, it's hard to not
• 17:32
  stay bullish right now, even though the price has pretty much
• 17:35
  been down all year. Stable coin it it's it hasn't
• 17:38
  been the best year, to be honest, but let's play the clip
• 17:40
  and we'll be right back. So I've been meeting with, I've
• 17:45
  been obviously meeting with all the sovereign wealth funds.
• 17:48
  I've been meeting with, I don't know, 50, a hundred different
• 17:55
  investors, hedge funds, family office investors that are
• 18:00
  interested. I've been meeting with banks and
• 18:05
  people that own banks, Oregon run banks.
• 18:08
  I've been meeting with fund managers that offer financial
• 18:13
  products. I've been meeting with
• 18:15
  regulators in every jurisdiction.
• 18:19
  And I think, and my message by the way is, is very, very
• 18:25
  straightforward. My message is we now have
• 18:30
  digital capital. Bitcoin is digital capital is
• 18:33
  digital gold. On top of digital capital we
• 18:37
  have a new asset class called digital credit.
• 18:41
  Digital credit strips the volatility from the capital and
• 18:46
  provides yield income. So the simple idea is if you
• 18:52
  have a 5 year old kid, you can give them $1,000,000 worth of
• 18:55
  land in Manhattan. That's capital and tell them
• 18:59
  wait 30 years and then maybe they'll be rich but there are no
• 19:03
  cash flows. Or you can give them a credit
• 19:06
  instrument that pays them $10,000 a month forever,
• 19:09
  starting now. It's yeah, like crazy financial
• 19:15
  engineering to say the least. But I like, I don't, I don't
• 19:20
  know. What that just meant that just
• 19:22
  put me on the other side of the bell curve.
• 19:24
  Yeah, yeah. No, I mean like, look, as a long
• 19:27
  time Bitcoiner, anytime I hear he'll yield, hear the idea of
• 19:32
  getting yield on your Bitcoin, it's ended in a disaster.
• 19:37
  And so maybe this is, I don't know, May just like old
• 19:42
  thinking, like PTSD, you know, maybe I haven't updated my model
• 19:47
  and fully understood this idea of yield.
• 19:49
  I know, I know Tratfi loves this idea of yield.
• 19:52
  That's one of their biggest kind of retorts against Bitcoin is
• 19:55
  like, oh, Bitcoins an unproductive product.
• 19:57
  It's got no yield, bro. And now sailor seems to have
• 20:01
  figured it out, though. I know a lot of people, even
• 20:04
  some of my friends in the chat are like, it sounds like he's
• 20:06
  running a Ponzi, bro. I look, I don't know about even
• 20:09
  kind of Jack Mahler's almost kind of said that the other day.
• 20:13
  But I have also heard some of my friends basically tell me like
• 20:18
  yeah the msty product 10% a month bro like.
• 20:21
  I just give them some Bitcoin. I don't even work a job.
• 20:24
  I make a good income and I'm like, yo, hey, teach me about
• 20:28
  this a little bit. So look, it is, it is, it is
• 20:32
  very intriguing to say the least.
• 20:36
  But this whole idea that he's kind of on again, he is talking
• 20:40
  to a whole new audience. So he is probably tailoring a
• 20:43
  whole the all these products as I've been saying for Tranfi
• 20:47
  institutions for people that are a bit more critical of Bitcoin
• 20:53
  and kind of giving them what they want.
• 20:55
  And again, I, I don't have the, the IQ level or the experience
• 21:02
  from Wall Street to really kind of judge these products.
• 21:07
  Again, I learned all of my knowledge through the lens of
• 21:10
  Bitcoin. And so this is one of those
• 21:12
  points where I know I need to kind of like really dive down
• 21:15
  and understand this is like, is this actually a viable product?
• 21:19
  Can this actually work out? Because I have seen a lot of
• 21:21
  friends do it, but you can tell if you connect the first the
• 21:26
  first clip with this clip, he said what a couple one very
• 21:31
  specific trend he's like, I've been talking to everyone,
• 21:34
  literally everyone who is anyone with any capital is getting
• 21:38
  interested in Bitcoin right now and you're still bearish like
• 21:43
  Saylor has been knowing about this for months.
• 21:46
  This is why he's been so calm, even though he's kind of been
• 21:49
  getting blasted right now in his stock portfolio.
• 21:51
  He's still acquiring Bitcoin, but the stock hasn't been
• 21:54
  looking too good. He is kind of getting attacked
• 21:56
  from all sides, but this is how you know that there is some
• 22:00
  crazy stuff coming down the pipeline.
• 22:02
  And this is how I've kind of maintained my my bullishness
• 22:07
  throughout this year into 2026 is just looking at all the news.
• 22:11
  And before I had Sailor basically tell me what I've kind
• 22:14
  of intuitively understood is that with all the news we've
• 22:18
  seen this year, it's just very hard for me to believe that with
• 22:23
  them. And by them, I mean the
• 22:25
  institutions, the hedge funds, the nation states, the sovereign
• 22:28
  wealth funds, the banks, with all of them trying to scramble
• 22:32
  to launch Bitcoin products, scramble to buy Bitcoin, acquire
• 22:36
  Bitcoin. You're telling me that 2026 is a
• 22:40
  going to be a -80% bear market? I'm like, it just makes no sense
• 22:44
  with the amount of Bitcoin that they are.
• 22:46
  And I will do scare quotes allegedly buying here.
• 22:49
  I know it's paper Bitcoin summer, but with the amount of
• 22:53
  Bitcoin that even Sailor himself is buying, it's just, it's, it's
• 22:58
  going to overwhelm the amount of coins that eventually are going
• 23:02
  to be sold by the whales, by retail, and then of course by
• 23:05
  the amount of Bitcoin that gets issued block by block.
• 23:09
  It's it, it, there's going to be a breaking point here soon.
• 23:12
  And I think 2026 is probably going to be that year since
• 23:15
  we've had such a weird 2024-2025.
• 23:19
  I don't want to say cycle, but year like from from last year
• 23:23
  into this year, obviously all our models are broken.
• 23:26
  We're really not fully understanding what's going on.
• 23:30
  But as I said yesterday, or maybe it was Friday, as the
• 23:32
  year's gone along more and more and we kind of have more data
• 23:36
  and we start to see more of the playbook being unleashed or
• 23:39
  maybe be leaked. It just makes me think like 2026
• 23:42
  is going to continue to go up. And the fact not just because
• 23:46
  they're saying it's going to go up.
• 23:47
  Uh oh, all the buying. All right, we're back.
• 23:56
  We're going to make it, Bros. We're going to make it.
• 23:58
  We're going to make it anyway. So you want to add on this or
• 24:02
  are we could keep the show moving?
• 24:03
  I mean, I'm trying to figure out a sophisticated way of
• 24:07
  explaining this. There's this website, right,
• 24:12
  that you probably know of better than I do, where you put in your
• 24:18
  Bitcoin stack and then your year over year interest or sorry, not
• 24:23
  interest, the inflation in your country and how much money
• 24:28
  essentially you need to live year over year.
• 24:31
  And then eventually as time progresses, you reach like your
• 24:36
  Bitcoin day and you can survive. Oh, it's the retirement
• 24:41
  calculators. Yeah, it's like a retirement
• 24:43
  calculator, but it's called something specific.
• 24:45
  I don't know. Nico and I have like tried it
• 24:47
  out just for fun and, and I the reason I bring that up is
• 24:53
  because I think that this is a concept that banks and
• 24:56
  institutions are starting to understand.
• 24:59
  And I think that's why they are so aggressively trying to create
• 25:03
  this bubble around the ETFs and why they're trying to launch
• 25:08
  them so hard. I think that they know that the
• 25:11
  more Bitcoin they have in self custody, the more powerful they
• 25:15
  are and then the more they can sell their ETFs so that they can
• 25:19
  profit off of selling the ETFs and the yield that Bitcoin
• 25:24
  naturally produces. Does that make sense the way
• 25:27
  that I'm saying it or no? Yeah.
• 25:30
  Optus. Look, Amy word.
• 25:32
  Absolutely no. I, I, I don't want to say it on
• 25:34
  the stream again because I told you I wasn't going to do that.
• 25:38
  Oh, you weren't listening to me, He.
• 25:40
  Did it again. I I was looking at the chat.
• 25:42
  Sorry. No, it's all good.
• 25:44
  Repeat it simply one more time. Sorry.
• 25:46
  Banks want to keep Bitcoin in self custody so that they can
• 25:50
  sell you paper Bitcoin and make money off of your buying paper
• 25:55
  Bitcoin. Yes, yes, 100.
• 25:56
  Percent. And so that's like, I mean,
• 25:59
  eventually, one day you could become the bank by holding
• 26:03
  Bitcoin in self custody. Eventually you could be that
• 26:07
  powerful. And I think that they very much
• 26:10
  understand that. I think Sailor understands that.
• 26:12
  I think that's why everybody is trying to have a Bitcoin
• 26:16
  treasury company right now. I think that's why they're
• 26:19
  calling it kind of like the ICO of this cycle.
• 26:23
  And I think that's why sailors going to be successful because
• 26:26
  he understands that he can make money off of just keeping
• 26:30
  Bitcoin in self custody and he's telling us to our faces what
• 26:34
  he's doing. Now The thing is, are, are
• 26:37
  people going to take the convenient route of keeping, you
• 26:42
  know, buying Bitcoin from the banks and letting them keep
• 26:46
  profiting off of your money the way that Fiat has done for a
• 26:51
  long time now? Or are you going to break the
• 26:54
  cycle and keep your Bitcoin in self custody?
• 26:57
  This is why we talked about it and we make such an emphasis on
• 27:00
  it. It's not just, you know, we, we
• 27:02
  want you to opt out for no reason.
• 27:04
  We want you to opt out so that you can like enjoy your
• 27:07
  grandkids and possibly like retire early and not have to
• 27:11
  deal with all of this nicely packaged garbage because that's
• 27:16
  essentially what it is. You're buying paper Bitcoin.
• 27:18
  You're buying something that isn't really the real thing.
• 27:22
  It's like people who buy gold over the stock market.
• 27:26
  You're not actually buying gold. You're not buying the bars of
• 27:28
  gold. You're buying the the gold that
• 27:32
  the the guy from Binance was giving Peter Schiff the other
• 27:36
  day. It's like not real.
• 27:39
  And and that's why we encourage you to take Bitcoin in self
• 27:42
  custody because what Sailor said about, you know, buying land in
• 27:46
  Manhattan 100 years ago, it's it's an analogy that most people
• 27:50
  can understand. And then having it produce yield
• 27:53
  right away. He's telling you to your face
• 27:56
  what it is that he is doing himself and what banks are
• 27:59
  asking him about himself. And if you don't understand
• 28:02
  that, if you think that, you know, banks are just in it
• 28:05
  because, oh, Bitcoin is a hard asset and it's a hedge against
• 28:09
  inflation. No, no, no, no, no, no, no, no.
• 28:11
  These people are the most powerful people in the world.
• 28:14
  And all they want is to get more powerful overtime.
• 28:18
  And they see this as a tool to to get more powerful overtime.
• 28:23
  And while it might seem like a win win for you and them, it's
• 28:27
  actually a bigger win for them overtime because they get that
• 28:30
  yield instantly. That's how Bitcoin works.
• 28:33
  And if you haven't seen that calculator, I highly encourage
• 28:36
  you to to look at it. I don't know what it's called,
• 28:39
  but I'm sure someone in the in the comments will figure it out.
• 28:43
  Yeah, I think we've we've put it on the show before, but I'm I'm
• 28:46
  blanking on on on the. Name.
• 28:48
  Right. Yeah, but I don't know what the
• 28:49
  website was, but to a couple of your points.
• 28:53
  Yeah, I mean, I'm, I'm fully convinced that as this year's
• 28:58
  progress, and I think it was, I don't know if it was Sailor or
• 29:01
  if it was Croesus earlier in the year, maybe it was the end of
• 29:04
  last year. But there was kind of this idea
• 29:07
  that at a certain point, once Bitcoin is kind of not
• 29:12
  necessarily the world reserve currency, but when it is so
• 29:15
  prominently accepted, when all the banks really want Bitcoin,
• 29:18
  they're going to be looking for Bitcoin.
• 29:20
  And since there really isn't that much Bitcoin left, there's
• 29:23
  going to be a point where they're essentially coming to
• 29:25
  Bitcoiners and paying us to, you know, like paying us a lot so
• 29:30
  that they can use that Bitcoin. It's like what a savings account
• 29:34
  used to be like. They'll actually pay you for
• 29:36
  your your productive assets, even though productive assets
• 29:39
  might be. Different.
• 29:39
  I think that that is exactly what happened in October and
• 29:43
  November of this year. I think that's why these months
• 29:47
  kind of got cut short to put it, to put it lightly.
• 29:52
  I think a bunch of, I mean, we saw it, a bunch of Ogs were
• 29:55
  selling massive amounts of Bitcoin.
• 29:57
  And I would have loved to have been a family on the wall for
• 30:00
  those conversations because I, I genuinely think that they sold
• 30:04
  it to these large institutions, maybe at a premium even, because
• 30:09
  they saw the opportunity in the writing on the wall.
• 30:13
  Yeah, totally. I I think I totally agree with
• 30:17
  that. So Sophie, wait, there already
• 30:19
  is a Sofi bank, Sophie Bank soon, Optibank soon.
• 30:23
  Simply Bitcoin chat bank soon. No, no, we won't.
• 30:27
  We won't be doing that anyways. Well, well, maybe.
• 30:31
  Maybe, I don't know, Like, no, not not us personally, but but I
• 30:35
  think individuals in general, I think that that person has the
• 30:39
  right idea. I think individuals in general
• 30:41
  might start decentralizing finance as we know it, and I
• 30:46
  think that's what the banks want to try to avoid by all means
• 30:50
  necessary. That's why they're trying to
• 30:52
  front run us. But the reality is that a lot of
• 30:55
  us have already seen the writing on the wall.
• 30:58
  We already hold Bitcoin in self custody and now you know, our
• 31:02
  our patience is being tested. We are trying to get shaken out
• 31:06
  by the very system that we are opting out of.
• 31:10
  And you just got to keep fighting.
• 31:12
  This is the peaceful revolution, but it doesn't mean that you
• 31:15
  don't have to fight. Yeah, totally.
• 31:18
  And wow, I just blanked on the the last part.
• 31:22
  What? What did you say?
• 31:22
  I wanted to respond. I, I, I, I I got distracted in
• 31:27
  the chat and I had a good response to this and.
• 31:30
  Just because it's the peaceful revolution doesn't mean that you
• 31:32
  don't have to fight. No, no, no, it was before that.
• 31:36
  Well, anyways, anyways, whatever.
• 31:38
  That's on you for not. Listening.
• 31:40
  No, it wasn't it wasn't that I wasn't listening.
• 31:42
  I I actually was listening and I was gonna have a good response,
• 31:45
  but I completely blanked on what I wanted to say.
• 31:48
  Anyways guys. Do you had a very good weekend
• 31:51
  this weekend? Hey yo chill, hey yo, stand on
• 31:56
  my business selfie. Sheesh, man, there was something
• 32:01
  I wanted to say anyways, whatever, it'll come back to me
• 32:03
  later. Of course guys, before I keep
• 32:06
  the show going, I want to remind you to smash the like button,
• 32:09
  comment on the show, let us know what you think and of course,
• 32:11
  hit the subscribe if you like. Sophie over here, she's dropping
• 32:14
  content. We also have Dante and Rustin
• 32:17
  and Ocean's dropping content. We drop the most content guys
• 32:20
  anyways. Also huge shout out to my boys
• 32:24
  over at Bitcoin. Well, go to
• 32:26
  bitcoinwell.com/simply and get yourself some Bitcoin guys.
• 32:32
  It's the best place to buy Bitcoin because they never hold
• 32:34
  your Bitcoin. They will never lose your
• 32:37
  Bitcoin because again, it goes straight into your cold storage.
• 32:40
  So once your dollar is clear, it goes straight into your Bitcoin
• 32:44
  wallet. This is the best way to buy
• 32:46
  Bitcoin because again, we are self custody Maxis here.
• 32:50
  We believe the revolution is in self custody.
• 32:53
  As we kind of explained in the beginning, there is a war going
• 32:57
  on right now between Wall Street custodial products and Bitcoin
• 33:01
  held in self custody. And I truly believe that the
• 33:04
  only way to really survive what's coming is you need to
• 33:08
  have control over your Bitcoin. Stop giving control of your
• 33:14
  money over to someone else. That's why we've gotten in this
• 33:17
  position in the 1st place. So you need to use a self
• 33:21
  custody by default platform, AKA Bitcoin.
• 33:24
  Well, use the promo code simply BTC and you will win three
• 33:27
  chances to win a million sets. That's right, they're giving out
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  free money if you play in the Bitcoin wishing well.
• 33:35
  All right, guys. I'll be right back after a quick
• 33:38
  commercial break. I want to give a shout out to
• 33:47
  our partner Stamp Seed. Is your Bitcoin and cold storage
• 33:50
  really secure? Are your seed phrases really
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  Titanium plates are strong. Your words are actually stamped
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  stamped into the titanium plate with this hammer and these
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  and use promo code simply to get 15% off anything on the Stamp
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  se-ed.com store. Alrighty then guys, we are back.
• 34:59
  The current Bitcoin price is $93,950.
• 35:04
  I repeat 93,950. We are back above 93 guys, if we
• 35:09
  can hold on to 93 K, I'm really I'm like gonna be stupidly
• 35:14
  bullish on the show. Obviously my next number is one
• 35:16
  O 8. If we break one O 8, I think
• 35:19
  it's game on. But if we can hold on to this 93
• 35:22
  I, I, I think it's, it's pretty healthy guys.
• 35:25
  It's looking a little frothy anyways.
• 35:26
  We are at a -25.5% discount from all time high and the market cap
• 35:31
  is currently 1.88 trillion. We're coming back to 2 trillion.
• 35:35
  And then of course, really the only time that matters on planet
• 35:39
  Earth is the block height. And we are currently at 927,156
• 35:44
  again. TikTok next block.
• 35:47
  All right guys, So this next clip, first of all, you know
• 35:52
  what's up? What's this?
• 35:53
  What's up with Dasha though? Dasha burns Hello.
• 35:55
  Hey, I like her Dasha hello. Anyways, Anyways anyways
• 36:03
  anyways. One's in the.
• 36:06
  Chat if you miss me anyways. Anyways, we we've been covering
• 36:10
  on this show for a while, actually basically all year.
• 36:14
  The war between the Trump administration or the the
• 36:18
  Treasury Secretary versus the Fed, Trump versus Jay Powell,
• 36:22
  Scott Besson versus Jay Powell. And recently, as we've been
• 36:26
  covering on the show, it seems like we might be getting a, you
• 36:32
  know, X Coinbase advisor to replace Jay Powell and Trump
• 36:36
  just did this interview. And, you know, obviously if
• 36:40
  Trump is able to kind of corral the Fed and really put them
• 36:44
  under their their kind of control, then we all know what
• 36:48
  he wants to do. He wants to cut interest rates,
• 36:50
  obviously, you know, increase liquidity into the system QE by
• 36:53
  any other name. Well, in this interview, he got
• 36:56
  asked point blank if this is what he he wants to do and he
• 37:00
  pretty much said so. So let's listen to this real
• 37:02
  clip. It's short.
• 37:03
  It's like 20 seconds and we'll be right back in.
• 37:05
  Remember this a little bit. I want to ask about interest
• 37:08
  rates because a lot of Americans agree with you that they're too
• 37:11
  high. You're going to pick a new Fed
• 37:13
  chair soon. Is it a litmus test that the new
• 37:15
  chair lower interest rates immediately?
• 37:17
  Yes. Well, this guy too should too,
• 37:21
  but I think he's a combination of not a smart person and
• 37:25
  doesn't like Trump. Yeah, he's still got it, guys.
• 37:30
  He's still got it. Got it.
• 37:32
  Say what you want about Trump, but the man is entertaining.
• 37:34
  Yeah, he is hilarious. A natural born comedian, so
• 37:39
  entertaining. Yeah, 100% now.
• 37:41
  OK. The reason I'm bringing this up
• 37:43
  is obviously we are going to see tomorrow whether we get rate
• 37:47
  cuts. I think it's almost a lock in.
• 37:49
  I didn't look at the Poly market odds this morning, but I think
• 37:53
  I, I think the consensus right now is it's not so much if we're
• 37:57
  going to get rate cuts, it's just how much are we going to
• 38:00
  get rate cuts. And obviously, as he kind of
• 38:04
  leaked in that, you know, maybe telegraphed a little bit, he is
• 38:08
  going to pick a new Fed chair. A lot of people in the cabinet
• 38:11
  have been saying it's going to happen by end of year.
• 38:13
  There's been a lot of rumors saying that Jay Powell is going
• 38:17
  to resign the beginning of the year.
• 38:19
  I highly doubt he will resign considering that his tenure's up
• 38:22
  in April. So, you know, I'm pretty sure
• 38:25
  he'll be in in his position until April.
• 38:29
  Who knows what happens, Obviously political circus and
• 38:32
  all that stuff. But what we do know is the next
• 38:36
  Fed chair, basically the guy to replace Jerome Powell, is most
• 38:41
  likely going to be a Trump guy. And right now, as I've been
• 38:45
  saying, the odds are that Coinbase X or ex Coinbase
• 38:50
  advisor Kevin Hassett seems to be the leader on this.
• 38:53
  And he has been around doing the round basically saying that it's
• 38:57
  time to cautiously start cutting rates again.
• 39:01
  You know, cautiously start cutting rates.
• 39:03
  Who knows what that means? It could still be an aggressive
• 39:06
  rate cutting schedule, but it could be kind of, you know, 25
• 39:09
  bits here, 25 bits there. A lot of people, I think he even
• 39:13
  said a couple of weeks ago that the Fed should cut like 100 bits
• 39:17
  this month. So tomorrow we'll see if that
• 39:21
  happened. We're going to see.
• 39:22
  I mean, I, I think rate cuts are pretty much locked in.
• 39:25
  But again, as I've been telling you guys all year long, look,
• 39:30
  Trump is kind of hilarious. He is soda sort of like low key
• 39:33
  bipolar sometimes, you know, sometimes the tariffs are on,
• 39:36
  sometimes they're off. 1 moment we're in a trade war, next
• 39:40
  minute we're not in a trade war. You know, there's, there's been
• 39:43
  a lot of conflicting information coming out of the Trump
• 39:46
  administration so that the not only the whole world, but all of
• 39:50
  the world's economics are kind of in this, in this weird
• 39:53
  purgatory right now. Because we really don't know
• 39:56
  what's going to happen. We we don't know if this week is
• 39:58
  going to be the same as next week.
• 40:00
  But one thing has maintained the same throughout the whole year.
• 40:04
  Trump really wants rate cuts. He wants cheaper money.
• 40:08
  He wants more liquidity. And now we know for a fact that
• 40:12
  the next guy that comes in is most likely going to be all on
• 40:17
  board on the Mar A Lago Accords. AKA cut rates, increased
• 40:21
  liquidity. We all know QT just ended a
• 40:23
  couple days ago. The money printer is about to go
• 40:27
  into OverDrive. Guys, this is like they're
• 40:29
  they've been they've been saying this without saying it for the
• 40:33
  whole year. Now it's becoming very obvious
• 40:35
  that this is the case. If it is Kevin Hassett as the
• 40:38
  next chair of the Fed, obviously, I guess you could
• 40:42
  argue kind of a bitcoiner, maybe the bitcoiners are taking over
• 40:45
  the Fed Obviously we wanted to end the Fed, but I guess first
• 40:48
  step is taking over the Fed. So, you know, baby steps here, I
• 40:52
  mean. What better way to end the Fed
• 40:55
  but to show people that we can just print money into oblivion?
• 41:00
  What better way to show people that this model is dead than to
• 41:05
  print money for free that you have to work for, as Nico always
• 41:08
  said. And remember, Trump is between a
• 41:12
  rock and a hard place. The GOP has to have midterms
• 41:17
  next year. And people are really pissed off
• 41:20
  with the party. A lot of people who voted for
• 41:23
  Trump are extremely dissatisfied with his presidency.
• 41:28
  It is not at all what people thought it would be.
• 41:31
  And if the economy doesn't rebound, then the GOP is going
• 41:35
  to lose. I mean, I don't know what magic
• 41:37
  he's going to pull out of his, you know what?
• 41:39
  But he he's got to do something. And I think that at this point,
• 41:44
  having Kevin Hassett be the new Fed chair is kind of like a Hail
• 41:49
  Mary. And even then, like we who knows
• 41:53
  what how this is going to actually affect the economy.
• 41:57
  I think this is going to be great for Bitcoin.
• 41:59
  And, you know, don't forget that him and his family have a
• 42:04
  personal vested interest in in Bitcoin.
• 42:08
  But how is this going to affect the rest of the country?
• 42:12
  We don't know. I'm I'm hoping that it's it's a
• 42:15
  positive thing. Well, I mean, if a few things.
• 42:20
  First off, we've been saying rate cuts are going to be very
• 42:24
  positive all year. Every time they did it, the
• 42:27
  Bitcoin price dropped. So I think in the short term it
• 42:31
  might not be the best. So there might be some
• 42:34
  volatility, but in the long run, what Sophie said is true.
• 42:38
  We all know what is going to happen.
• 42:40
  They're going to increase the money printer, they're going to
• 42:42
  increase the liquidity. All that's going to eventually
• 42:45
  find a home. We think Bitcoin's going to go
• 42:47
  up because of that. So in the short term, you know,
• 42:50
  the Fed rate cuts haven't actually been that bullish when
• 42:53
  they happen, but they've been bullish in the long term
• 42:56
  afterwards. So like, I think that's what's
• 42:58
  going to play out, will probably play out tomorrow.
• 43:00
  I think what Trump is looking for is just like headline,
• 43:04
  right? He just needs good press at this
• 43:07
  point because everything has been against him.
• 43:10
  And I'm talking about this as someone who witnessed him go
• 43:14
  through Russiagate, get impeached twice.
• 43:18
  I don't think I've ever seen so many people, especially on his
• 43:23
  side be against Trump. And it's because he has no room
• 43:27
  to stand or no leg to stand on anymore.
• 43:30
  He can't just blame all of this on the Democrats.
• 43:33
  He has the House, he has the Senate.
• 43:35
  He, it's his administration. He won the presidency.
• 43:37
  So what is going on? And the thing that he ran on,
• 43:42
  which was improving the economy, he is really not delivering on
• 43:48
  that promise. I mean, he, he literally, he, he
• 43:51
  decreased the, the rates, the interest rates and somehow the
• 43:57
  price of housing just kept going up.
• 43:59
  We know how that under how that works.
• 44:02
  We understand how inflation works.
• 44:04
  We understand how Fiat works and it's to our benefit, it's to the
• 44:09
  benefit of bitcoiners and people holding hard assets.
• 44:12
  But how does that affect the daily person like the normal
• 44:17
  average person? And that's kind of the concern
• 44:20
  that I have with him cutting rates.
• 44:22
  I mean obviously like on a selfish level would be great,
• 44:26
  but how, how is this going to affect the economy for real?
• 44:32
  Yeah. And to your point, again, I I
• 44:36
  don't really believe the official data and the polling
• 44:38
  out there, but I did just see a recent poll and I believe it was
• 44:43
  on CNN. So again, take it with a grain
• 44:44
  of salt here. It's probably not totally
• 44:47
  factually correct, but they did just have a headline that said
• 44:51
  like 75% of Americans are not happy with the economy.
• 44:55
  And if that is the case, you know, again, I'm, I'm, I'm
• 44:58
  taking that as a given here, an assumption.
• 45:01
  If that is the case, what we've been saying the last few weeks,
• 45:04
  like they really do have an uphill battle here because,
• 45:07
  look, Republicans usually run on a better economy.
• 45:10
  And if the economy is getting worse, they're going to get
• 45:13
  absolutely cooked in the midterms.
• 45:14
  And then anything that happens after the midterms, any,
• 45:17
  anything that the Trump administration want to do with
• 45:19
  Bitcoin or any other kind of, you know, legislation that they
• 45:23
  had on board or in mind, it's not going to happen.
• 45:26
  It's totally over. But then here's the other side
• 45:29
  of that coin. What if the people who are his
• 45:33
  biggest donors have to gain from this?
• 45:36
  Because remember when he when they made the biggest rate cuts
• 45:40
  back in 2021 when, you know, the whole pandemic happened, like a
• 45:48
  lot of people became very wealthy, very wealthy overnight,
• 45:52
  especially people in real estate, especially people
• 45:55
  invested in the S&P 500, etcetera.
• 45:58
  And you know, that was that was great for for them.
• 46:03
  And So what if these rate cuts are benefiting the very, very
• 46:08
  tiny, you know, small percentage at the top and the people who
• 46:12
  are actually running our politics?
• 46:14
  Wait, what if? What if?
• 46:16
  Yeah, Well, well. Crazy extremist over here.
• 46:20
  What if? I'm just asking questions I
• 46:22
  can't actually. Yeah, wait.
• 46:24
  Oh, yeah, sorry. It was a rhetorical question.
• 46:25
  Rhetorical. I actually am not allowed to
• 46:27
  make any bold statement. My opinions are.
• 46:31
  My own, not the. Opinions of simply Bitcoin?
• 46:33
  I, I mean, I love how it was rhetorical.
• 46:37
  I would argue that we're probably seeing the politicians
• 46:41
  raid the coffers right now and it's becoming very obvious
• 46:45
  because everyone is getting poorer.
• 46:47
  So like, anyways, anyways, let's keep it moving because we do
• 46:51
  have, again, guys, I, I said it yesterday, we have a lot of news
• 46:56
  coming out of the banks right now.
• 46:57
  And it really does go into what Saylor was saying.
• 47:02
  And then not only that, but we do have some recent news coming
• 47:05
  out of the regulatory front, which on its surface is you
• 47:09
  could say maybe a little shit, Coiny.
• 47:12
  But I think this will eventually lead to what a lot of us bit
• 47:15
  corners have been saying for a while, that Bitcoin is pristine
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  Yeah, it's good every time. OK.
• 50:25
  OK. All right.
• 50:26
  OK. Yeah, some hard time.
• 50:28
  Let's go. Yeah, and people actually like
• 50:30
  it, which is funny. OK, anyways, let's let's get a
• 50:33
  little serious here. So first.
• 50:34
  Serious. First, yeah, first serious,
• 50:36
  seriously serious here. First bit of news here is PNC
• 50:41
  becomes the first major bank to launch a direct Bitcoin access
• 50:45
  for its clients powered by Coinbase's quote crypto as a
• 50:49
  service infrastructure. So they just announced that they
• 50:52
  launched direct spot Bitcoin trading capabilities for their
• 50:56
  eligible clients. I think big point here, eligible
• 50:59
  clients for PNC Private bank. Now you may not know PNC,
• 51:03
  they're not the biggest bank, they're like the 7th largest
• 51:06
  bank. They hold about half a trillion
• 51:07
  dollars of assets, but it is technically the first major bank
• 51:12
  to unleash quote direct spot Bitcoin trading capabilities.
• 51:16
  Again, it's for a quote eligible client, which is a trend we've
• 51:21
  seen throughout this whole year and started last year that first
• 51:25
  they unleash this to usually their high net worth
• 51:27
  individuals, you know, the high net worth clients and then
• 51:30
  eventually they'll let the peasants get it afterwards.
• 51:32
  It seems to be that this is what they're doing again.
• 51:34
  But hey, you know, announcements coming from the bank, as I've
• 51:37
  been telling you guys all all this week and all of last week,
• 51:42
  every bank since JP Morgan came out and offered their, you know,
• 51:47
  strategy, Copycat is now positioning themselves.
• 51:50
  They seem to be launching these Bitcoin products like, you know,
• 51:54
  Domino's falling. As Sailor said in the beginning
• 51:57
  of the show, every major bank, every hedge fund, sovereign
• 52:01
  wealth fund in the world has been talking to him.
• 52:03
  And now it's finally happened. Now my biggest question to this,
• 52:08
  and I don't know if I want to read any of the any of the
• 52:10
  quotes in here, but you know, it's kind of like it's kind of
• 52:13
  it's kind of just like standard. Hey guys, I just I want to tell
• 52:17
  you a little secret ready coming closer.
• 52:21
  You can just buy Bitcoin. You don't you don't have to be a
• 52:25
  high net worth individual. You don't even have to buy a
• 52:27
  whole entire Bitcoin. You can just buy Bitcoin and
• 52:32
  keep it in self custody. Yes, and let all the rest of the
• 52:36
  people buying paper Bitcoin have fun staying poor. 100% here
• 52:42
  actually I will read a little more of this because there's a
• 52:44
  couple interesting, you know, you can kind of really see what
• 52:48
  what they want to do these. People are crazy.
• 52:50
  Like these people are insane. I'm I'm actually like kind of
• 52:55
  about to crash out on this. OK, eligible.
• 52:58
  You have to be an eligible client to buy this super
• 53:03
  exclusive Bitcoin ETF. Like, are you OK?
• 53:09
  Like, I'm sorry, are people really that lazy?
• 53:14
  I think so. Like just buy Bitcoin.
• 53:17
  Just buy Bitcoin. Just literally like buy Bitcoin
• 53:21
  and if your family doesn't know how to do it, buy Bitcoin for
• 53:24
  them. Well, well, well, I think what
• 53:27
  is most interesting and I, I am going to read a couple of
• 53:31
  comments here or sorry, a couple of the quotes from this press
• 53:33
  release before I do have some other news here.
• 53:35
  But what I do find to be the most interesting it, it is kind
• 53:39
  of what Sophie just said. It really does blow my mind that
• 53:43
  a lot of people out there are still kind of waiting for their,
• 53:47
  you know, asset manager, their money manager to, to give them
• 53:50
  the green light to go into Bitcoin and.
• 53:54
  It's crazy. Yeah.
• 53:55
  And then what, what's more interesting to me is even though
• 53:59
  they are coming out and saying all of this, it doesn't seem to
• 54:03
  be moving the needle like we thought it would in the past.
• 54:05
  You'd think that like the Black Rock asset managers, the
• 54:08
  Vanguards, the JP Morgan's and all them coming out and talking
• 54:11
  to their clients and be like, hey, you should probably have
• 54:13
  like 1 to 4% of Bitcoin in your portfolio.
• 54:16
  You you'd think that more people would start to understand this.
• 54:20
  Well, why would they do that? It would make their jobs
• 54:22
  obsolete. Well, they're but The thing is,
• 54:24
  is they are shilling it. They they still are.
• 54:26
  Shilling it. They're shilling.
• 54:28
  I mean, I of course, but still, even even though they're
• 54:31
  shilling. They're not going to tell you to
• 54:33
  buy Bitcoin unless they can make money off.
• 54:36
  Of I totally agree. I totally agree.
• 54:38
  You buying Bitcoin and this is like, this is the beautiful
• 54:41
  thing about it. Like they figured it out, they
• 54:44
  figured it out. They figured out how to pay, how
• 54:47
  to package Bitcoin in a way where it's like no, no, no, no,
• 54:50
  no. You don't have to buy it.
• 54:52
  You don't have to go that self custody thing that's too
• 54:54
  complicated for your tiny little pea brain that doesn't even know
• 54:58
  how to how to trade in the US Stock Exchange.
• 55:03
  They think you're stupid and they want your money.
• 55:07
  Yeah, but further, people don't even seem to be buying it, which
• 55:10
  is kind of the point where I was like like, they're shilling it
• 55:13
  and people still don't even seem to want it, which is just crazy
• 55:16
  to me. Anyway, I do want to read a
• 55:18
  little bit of this before I move on 'cause it's going to make
• 55:20
  Sophie crash out even more. It goes The first generation of
• 55:23
  PN CS new crypto for clients quote solution integrates
• 55:27
  Coinbase's institutional grade CAAS infrastructure within the
• 55:32
  PNC Private Bank online platform through portfolio view.
• 55:36
  Eligible clients can now access this crypto custody type
• 55:38
  capabilities to directly buy, hold and sell Bitcoin.
• 55:42
  With more than 100 offices and serving high and ultra high net
• 55:45
  worth clients, PNC Private Bank is positioned to offer its
• 55:49
  client base access to the digital asset economy.
• 55:54
  Nice love, love to see it. Hey, if you're if you're rich,
• 55:57
  you get, you get first dibs on Bitcoin.
• 56:00
  If you're just an average person like us, you don't go through
• 56:03
  the bank to buy the Bitcoin, you just buy the Bitcoin.
• 56:06
  But you love how they kind of try to separate the 2.
• 56:08
  This is like the last thing that boomers are doing in the world
• 56:13
  to just like to just like be like, F you, we're out.
• 56:19
  We're for our final act. We are going to make all these
• 56:24
  institutions even more rich than we've made them before by giving
• 56:30
  them our money to buy Bitcoin and continue to keep control
• 56:37
  over the world by in the grave. OK, OK.
• 56:44
  I want to keep it moving. I want to keep it moving.
• 56:47
  Instead of just like just give that money to your kids so that
• 56:51
  they can buy you Bitcoin so that they can like help you like your
• 56:55
  actual family members that will actually take care of you into
• 57:00
  like, you know, This is why so many of them are in retirement
• 57:03
  homes. If you don't want to end up in a
• 57:06
  retirement home, give your money to your crazy Bitcoiner child
• 57:11
  who you see as a child, but is actually 35 and living at your
• 57:15
  house and let them buy you Bitcoin so that you can be rich
• 57:20
  and powerful. And so then one day they might
• 57:23
  be rich for their kids and give them the same things that you
• 57:27
  maybe gave your kids. I don't know, it seems like you
• 57:30
  hate them. It seems like you hate them for
• 57:34
  giving your money to the banks that have literally screwed you
• 57:39
  over. They've just been leeching off
• 57:41
  of your bank accounts forever and you're too dumb to realize
• 57:47
  it. Yeah, Boomer's final act.
• 57:50
  F dem kid. Wait.
• 57:51
  Boomer's fun. Sorry, I'm muting myself.
• 57:53
  I meant to mute Sophie. I said Boomer's final act.
• 57:56
  Just F them, kid. Don't care yeah that that was
• 58:00
  good good crash out so good crash out OK all right let me
• 58:03
  keep it moving because I I do want to cover this on today's
• 58:06
  show we are we are getting a little late on this one so here
• 58:10
  is the next we're. All we're having fun.
• 58:11
  Yeah, we're having fun. Smash the like button if you're
• 58:14
  having fun and if you like me crashing out and also check out
• 58:17
  our merch store if you want this super comfortable hoodie.
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  It's very warm. I'm actually sweating my like.
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  Which size? Which size is this?
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  an extra oversize, oversize. Yeah, definitely go with the
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  That yeah, yeah, we, yeah, we'll deal with that behind the scenes
• 58:42
  anyways. Anyways, here we go.
• 58:44
  So we just got this note coming out of the CFTC.
• 58:49
  Again, as I've been telling you last week, it does seem like the
• 58:53
  SEC and the CFTC are kind of working together to give us
• 58:58
  some, as they always say, clear route, Rd. rules, clear rules of
• 59:02
  the road. Wow, that was a tongue twister
• 59:04
  for a little bit. Anyways, we got acting Chairman
• 59:06
  Pham announces, announces launch of digital assets pilot program
• 59:11
  for tokenized collateral in derivatives markets.
• 59:14
  Now, my initial reading of this is like, OK, they're going to
• 59:18
  tokenize all the things. And I think that is probably the
• 59:21
  initial read of this, but I think it all will eventually
• 59:25
  lead to Bitcoin in in due time. So CFTC Acting Chairman Caroline
• 59:30
  D Fam today announced the launch of a digital asset pilot program
• 59:33
  for certain digital assets, including Bitcoin, ETH and USD.
• 59:37
  C Very interesting that they added USDC in particular, but
• 59:43
  you know, that's a whole other can of worms to be used as
• 59:46
  collateral in derivatives market guidance on tokenized collateral
• 59:50
  and withdrawal of outdated requirements given the enactment
• 59:53
  of the GENIUS Act. So there's going to be hinging
• 59:56
  on whether they can pass the GENIUS Act, but today's
• 59:58
  announcement marks a significant milestone in the expanded
• 1:00:02
  adoption of digital assets and regulated markets with
• 1:00:04
  appropriate guardrails and follows A tokenized collateral
• 1:00:08
  initiative. Acting Chairman fam launched in
• 1:00:10
  September as part of CFT CS crypto Sprint to implement
• 1:00:13
  recommendations in the President Working Group on digital assets
• 1:00:16
  market report quote under my leadership this year, the CFTC
• 1:00:20
  has led the way forward into America's golden age of
• 1:00:24
  innovation in crypto. This imperative has never been
• 1:00:27
  more important given recent customer losses on non-us crypto
• 1:00:30
  exchanges. Americans deserve safe U.S.
• 1:00:33
  markets as an alternative to offshore platforms and that's
• 1:00:36
  why last week I announced that spot crypto so can now be traded
• 1:00:39
  on CFTC registered exchanges. Today I am launching AUS digital
• 1:00:45
  ass pilot program for tokenized collateral, including Bitcoin
• 1:00:49
  and the mother of all shit coin in our derivatives market that
• 1:00:52
  establishes clear guard rails to protect customer assets and
• 1:00:55
  provides enhanced CFTC monitoring and reporting.
• 1:00:59
  The CFTC is also providing regulatory clarity through
• 1:01:02
  tokenized collateral, guidance for real world assets like U.S.,
• 1:01:05
  Treasuries, and withdrawing CFTC requirements that are now
• 1:01:08
  outdated under the Genius Act. As I've said before, embracing
• 1:01:14
  responsibility innovation ensures that U.S. markets are
• 1:01:18
  the world leader and drives progress that will unleash U.S.
• 1:01:21
  economic growth. Market participants can safely
• 1:01:24
  put their dollars to work smarter and go further.
• 1:01:27
  Anyways, the initial read obviously, as I was kind of
• 1:01:31
  saying a minute ago, is it does kind of lend the idea of what
• 1:01:36
  Larry Fink's been saying for a while.
• 1:01:38
  He's like, we're going to tokenize all the things, all the
• 1:01:41
  equities, you know, all the commodities, everything's going
• 1:01:44
  to get put on the blockchain. It's like we've heard that,
• 1:01:48
  we've heard that before. We've heard that in 20/16/2017
• 1:01:52
  we're going to tokenize all the things and you know, every,
• 1:01:55
  everything in the world is going to have its own token.
• 1:02:00
  Well, it seems like now that is official.
• 1:02:04
  But I think the more less cynical read of this is that no
• 1:02:09
  longer is Bitcoin kind of the speculative outsider.
• 1:02:14
  This is, it's fundamentally being brought inside.
• 1:02:18
  They're making the rails here, and I think the powers that be,
• 1:02:22
  these regulators, I think they believe that by doing this,
• 1:02:25
  they're going to basically be able to control Bitcoin.
• 1:02:29
  But I think it's going to be the reverse.
• 1:02:31
  Like they just let the Trojan horse in and eventually it's all
• 1:02:35
  going to lead to Bitcoin being the pristine collateral, which
• 1:02:38
  is a lot of what Bitcoiners have been talking about.
• 1:02:40
  So this is a quote test pilot. So yeah, they're testing some
• 1:02:44
  other things here, but I think it's all going to eventually
• 1:02:47
  lead to just Bitcoin being the best collateral.
• 1:02:49
  Period. Go back to 2018 to 2021 and
• 1:02:55
  they'll get their test results. Yeah, 100% so.
• 1:03:01
  Like I don't get why they're talking about this.
• 1:03:03
  This is just so stupid. Well, it is a fundamental shift,
• 1:03:07
  like from a quote, regulatory stance like this is a
• 1:03:11
  revolutionary difference. I think that this is just, you
• 1:03:15
  know, institutions going through what the regular old person and
• 1:03:21
  went through back in 20 again, look between 2018 and 2021 and
• 1:03:27
  you will see the future of of all this testing.
• 1:03:33
  Everything is going to have a token like good luck.
• 1:03:37
  Good luck. There's it's been this hard to
• 1:03:40
  get people to buy into Bitcoin, which is the hardest asset that
• 1:03:44
  has ever existed in the world. Good luck getting people to buy
• 1:03:50
  your random token coin and like actually feel like a serious
• 1:03:56
  individual. What do you what do you mean?
• 1:03:59
  I thought fart coin was taking over the world.
• 1:04:01
  Sophie. I'm dead I I wonder how is is
• 1:04:04
  like. Dude it went out like 15X this
• 1:04:05
  year like it was it honestly like outperformed Bitcoin by a
• 1:04:08
  lot. You should have known the memes
• 1:04:10
  were going to do well, but that totally totally different
• 1:04:13
  conversation. A lot of the memes did poorly.
• 1:04:16
  Like listen. Yeah, but it was called fart
• 1:04:18
  coin. You should have known it was
• 1:04:20
  going to pop. That's the logic behind it
• 1:04:25
  anyways. Anyways, Anyways, let's keep it.
• 1:04:27
  Oh, wrong one. Dude, I'm spazzing out on the
• 1:04:30
  soundboard today anyways cuz I keep interrupting.
• 1:04:33
  Yeah, yeah, I keep muting myself.
• 1:04:35
  No, he he wants to mute me but I keep interrupting.
• 1:04:39
  Him anyways, we'll be right back.
• 1:04:41
  I have look, I'm going to be completely honest with you guys
• 1:04:45
  here. I'm just do, I'm just throwing
• 1:04:47
  some bull sauce out here. I fully don't even know what it
• 1:04:49
  means, but hey, it makes me feel bullish.
• 1:04:51
  So I want to relay it to you guys.
• 1:04:53
  So that's literally what I'm doing today on the culture.
• 1:04:56
  So one last ad and we will be right back to wrap up the show.
• 1:05:01
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  freedom. All right guys you got you guys
• 1:07:00
  are killing it in the chat. It's it's pretty funny yeah
• 1:07:04
  doing good anyways, I saw this post again.
• 1:07:07
  Maybe you guys can fully explain this to me.
• 1:07:09
  I did kind of like ChatGPT this because I I don't know what it
• 1:07:14
  means, but you know me. My job is to stake stupidly
• 1:07:18
  bullish on here, and when I see some bull sauce, you already
• 1:07:22
  know I'm going to be talking about it, OK?
• 1:07:24
  I've been staying bullish while everyone around me has become
• 1:07:29
  bearish and so I'm literally going to be when we pump.
• 1:07:32
  I'm going to be so vindicated and so obnoxious about it that
• 1:07:36
  I'm starting my victory lap now and I think it's going to start
• 1:07:39
  ripping, OK? Anyways, here is what I saw.
• 1:07:43
  I saw Geordie Vizer Vizer post this and he's the guy that did
• 1:07:47
  the Bitcoin IPO moment where he kind of explained what
• 1:07:52
  potentially is happening in 2025 where finally Bitcoin is liquid
• 1:07:55
  enough that the OG whales are able to kind of sell out or sell
• 1:08:00
  part of their stacks without completely demolishing the
• 1:08:02
  market. And it seems to be a really good
• 1:08:05
  framework of what's going on. And he's actually been doing a
• 1:08:07
  lot of good kind of articles similar on his sub stack.
• 1:08:11
  The last one was something like there is light at the end of the
• 1:08:14
  Bitcoin tunnel or something like that.
• 1:08:16
  It was a good read. I, I think I was going to cover
• 1:08:18
  it or I might have read a little bit on the show, but he just
• 1:08:22
  dropped this chart. Now, again, maybe I'm, I'm not
• 1:08:25
  the biggest macro guy, you know, I, I've been dabbling in the
• 1:08:28
  macro, but hey, a little bull sauce for you guys on Tuesday to
• 1:08:32
  keep you going. That's my job here.
• 1:08:34
  OK, Anyways, he dropped this and he goes.
• 1:08:38
  The stock market is giving a warning that Bitcoin is about to
• 1:08:41
  rally pure volatility in quotes, beta versus pure profitability.
• 1:08:47
  Quote quality fell hard as Bitcoin fell, fell from 1:15 to
• 1:08:52
  80, which I believe was right here.
• 1:08:56
  This this kind of yellow line drop here and says now beta
• 1:09:01
  versus quality has ripped back to highs in 10 of the last 16
• 1:09:05
  days right here while Bitcoin is trying to gain its footing.
• 1:09:09
  Pure volatility versus quality correlated to PMI over time,
• 1:09:14
  higher Bitcoin to come again, I I ChatGPT this because I'm like
• 1:09:18
  what the hell is he talking about?
• 1:09:19
  This is like way more macro than I I even understand he's using
• 1:09:23
  all these acronyms. You know I'm just like what the
• 1:09:25
  hell am I reading anyways? The TLDR without reading the
• 1:09:28
  whole ChatGPT, you know, isms and dashes and all that stuff
• 1:09:32
  was this line right here, which I think is really kind of the
• 1:09:38
  big take away that it does feel like this is happening.
• 1:09:42
  And if this is what Jordy Bizer saying, if this is what the
• 1:09:45
  markets are kind of looking at, is this one sentence.
• 1:09:48
  The core idea, risk appetite and equities is coming back fast.
• 1:09:52
  And historically that lines up with Bitcoin rallying shortly
• 1:09:56
  after. That's the whole thesis right
• 1:09:58
  there that it looks like people are in the stock market looking
• 1:10:02
  for more risky bets, you know, more risky investments.
• 1:10:05
  And if that money comes back on the table, because we have been
• 1:10:08
  contracted acting as an economy, we have seen, you know, without
• 1:10:11
  all the crazy stuff we've seen this year, everyone has pretty
• 1:10:15
  much been sitting on the sidelines, like, I don't know
• 1:10:17
  what to do with my money right now.
• 1:10:18
  I have no clue what to do. Again, like I said, you know,
• 1:10:22
  one week there's a trade war. The next week it's off.
• 1:10:25
  One day it's 100% tariffs on China, the next day it's zero,
• 1:10:30
  and then the following day it's 150%.
• 1:10:33
  It's like no one's been able to really understand what's going
• 1:10:37
  on. And especially when you see
• 1:10:38
  what's going on. But the feds, something very
• 1:10:39
  similar. One day the signal is, hey, the
• 1:10:43
  feds going to cut rates. The next, they're not.
• 1:10:45
  You know, they came out before the last Fed rate cut.
• 1:10:47
  And they were like, yeah, we're not going to actually cut this.
• 1:10:50
  Even the Fed board members themselves were confused on what
• 1:10:54
  to do right now. So there's been a lot of
• 1:10:56
  uncertainty. But as you can see, it does.
• 1:11:00
  Look, at least this is what ChatGPT is telling me.
• 1:11:03
  You know, you guys in the chat could explain this better to me.
• 1:11:06
  Maybe you guys with the experience, but it seems like
• 1:11:10
  the investors are looking for a little a little more risk, a
• 1:11:13
  little more return, which kind of tells me that the uncertainty
• 1:11:18
  in the market is starting to kind of, you know, ease its way
• 1:11:21
  out and people are starting to make their bets for what's going
• 1:11:25
  to happen in 2026. So hey, if this plays out, I'll
• 1:11:28
  I'll show you the chart one more time.
• 1:11:31
  It looks like What would this be?
• 1:11:34
  You know, we're going to RIP back up to all time high very
• 1:11:37
  shortly, which I'm all for. I have been talking one of my
• 1:11:41
  friends and I I was actually trolling with Sophie.
• 1:11:44
  I didn't know if I was going to bring it up because it it like I
• 1:11:47
  am kind of trolling with him, but he's also like I'm kind of
• 1:11:50
  serious about it and I trolled him the other day.
• 1:11:53
  I'm like, yo, like he's getting into astrology now, which is
• 1:11:57
  just like hilarious to me. So I'm like, I don't know if I
• 1:11:59
  believe it, but I kind of do. And I asked him like, all right,
• 1:12:03
  do do the Bitcoin price as like an astrology chart.
• 1:12:07
  And he was telling me he's like, dude, December 10th is when it's
• 1:12:10
  a RIP and it lines up with the Fed rate cuts.
• 1:12:12
  And I'm like, if you're right, you're my official astrologer
• 1:12:15
  now throw everything. I I'm all for the bull saws.
• 1:12:21
  I didn't understand anything that you just talked about, and
• 1:12:24
  now I know. Until, until it was astrology.
• 1:12:27
  Well, now I know. I was going to say now I know
• 1:12:29
  how men feel when women talk about astrology like this is it
• 1:12:35
  when you guys chart boy, I'm just like, OK, like you can tell
• 1:12:39
  the future, but also like you're wrong half the time.
• 1:12:42
  It's literally. Yeah, Well, well, charts is
• 1:12:45
  literally astrology. So, you know, that's why I
• 1:12:48
  thought I was going to add this, but I yeah, let's, let's do,
• 1:12:51
  let's do selfie's analogy because this one's actually kind
• 1:12:54
  of funny too. And we're just, we're just
• 1:12:56
  shooting the shit here, guys. It just you know this one.
• 1:12:59
  This one's really, really different.
• 1:13:03
  Pull up. Pull up the the screenshot that
• 1:13:05
  I sent you. Oh, yeah.
• 1:13:07
  Wait, wait, hold on. Did you text it to me?
• 1:13:09
  I did text it to you in the. Group chat.
• 1:13:12
  Oh, in the group chat. Oh yeah, the group chat.
• 1:13:14
  OK, wait, wait. I don't know if I can, Can I
• 1:13:16
  share this group chat? Hold on.
• 1:13:17
  No, just pull up the screenshot dude.
• 1:13:20
  I don't know. Give me a second.
• 1:13:22
  Yeah, just to give you a. Little bit of background, I got
• 1:13:25
  it. I am part of a different group
• 1:13:27
  chat. It's a mom group chat.
• 1:13:30
  It's specifically a mom group chat that is exclusively a lot
• 1:13:35
  of bitcoiners and we all got pregnant at the same time
• 1:13:42
  completely by chance. We did not plan this.
• 1:13:45
  We're not even that close of friends, but but you know, over
• 1:13:50
  time we've we've become friends and at the time that we all had
• 1:13:55
  our children. The price of Bitcoin in you
• 1:14:00
  know, I gave it a range between January 1st 2024 to March 31st
• 1:14:06
  2024, the price went from 42,582 to 71,333.
• 1:14:18
  We are all pregnant again at the same time at the same damn time
• 1:14:25
  this like again, not planned, but it's like the craziest thing
• 1:14:30
  and it it's so weird and so now my point of.
• 1:14:37
  Yeah, your astrology chart of the.
• 1:14:39
  Astrology chart of We're going to the moon is all of us Bitcoin
• 1:14:44
  moms our children are going to bring the price up and if if
• 1:14:49
  that happens honestly like we're we're we all got to like talk
• 1:14:52
  about making this happen again for 1/3 time because.
• 1:14:55
  Yeah, just keep. Single handedly carrying the
• 1:14:58
  price of Bitcoin on our backs. Yeah, there's this comment in
• 1:15:03
  here. That's crazy.
• 1:15:04
  Robert's crazy. Robert's crazy in the chat.
• 1:15:06
  That's that's a good one, dude. I don't.
• 1:15:11
  Know all the comments have been going.
• 1:15:15
  Oh my God, that was bloody man. Well.
• 1:15:18
  But yeah, no, that's a true story.
• 1:15:21
  Obviously not going to name any names, but like a lot of us, I
• 1:15:24
  think it's like at least like five of us are like a week apart
• 1:15:29
  in our due dates. And it's it's really crazy.
• 1:15:33
  And I guess I'll let you know if this conspiracy theory is is
• 1:15:38
  real. Yeah, well, you know, I think
• 1:15:41
  your theory on Bitcoin moms getting pregnant to pump the
• 1:15:46
  price is as good a theory as astrology and Bitcoin, so I'm
• 1:15:51
  glad we did this today. You.
• 1:15:52
  Know what everything is? Energy.
• 1:15:55
  Everything is vibes. Vibes and energy and the market
• 1:15:59
  is heavily speculative so I'm not even joking about that.
• 1:16:02
  Like people put money down four things based on how they feel
• 1:16:07
  about it. It's not really always about the
• 1:16:10
  charts. The charts provide these
• 1:16:12
  feelings. And so I feel totally valid in
• 1:16:17
  in my. Analysis.
• 1:16:18
  Yeah, that was like the most Miami thing I've.
• 1:16:23
  Ever on the show was it I? Feel like it was more LA.
• 1:16:25
  It was giving more LA. Like.
• 1:16:27
  Valley girl kind of like crystals and and yoga.
• 1:16:33
  That was why anyways, as as you can tell, we got to get off the
• 1:16:36
  show or else it's going to really go downhill and off the
• 1:16:38
  rails. So.
• 1:16:40
  We should have an after show. I've said this for so long where
• 1:16:43
  like I can be unleashed because no one's ever.
• 1:16:47
  We don't, we, I don't think we, I don't think our brand can
• 1:16:49
  handle selfie unleashed that. Would be a Rumble exclusive.
• 1:16:52
  I don't even think it can make it too rumble.
• 1:16:54
  Exclusive and. Yeah, like it can make it to
• 1:16:59
  rum. No, Nico would literally come
• 1:17:01
  here and just like pull me off air.
• 1:17:02
  Be like you're done. You're done.
• 1:17:05
  That's that's literally what I'm doing right now.
• 1:17:08
  That's exactly what is happening right now.
• 1:17:10
  All right, guys, look, I hope you enjoyed this show.
• 1:17:14
  No, dude, you're muted. Get out of here.
• 1:17:16
  Niko's ending the Fed by by pumping the price.
• 1:17:20
  That's been my the best conspiracy.
• 1:17:22
  Well, he's not doing a good job at pumping the price, I'll tell
• 1:17:25
  you that much. Well.
• 1:17:26
  Just wait, baby's not here yet. Just.
• 1:17:29
  Wait, I get it now. OK, All right, enough.
• 1:17:31
  All right. You know, Sophie, I made the
• 1:17:33
  mistake of having you speak at the end of the show before.
• 1:17:37
  I'm not going to make that again.
• 1:17:38
  So she's cut off, completely cut off today.
• 1:17:42
  On that note, guys, I love you guys.
• 1:17:44
  We love you guys. Yeah, I don't know about that.
• 1:17:48
  More like simply Bitcoin done forever.
• 1:17:52
  Yeah, we're like simply wrecked. All right, guys, again, enough
• 1:17:57
  joking. We love you guys.
• 1:17:58
  We appreciate you guys. Smash the like button, comment
• 1:18:00
  on the show, subscribe, all that good stuff.
• 1:18:02
  We will be back tomorrow at roughly 1240 PMI know it says
• 1:18:07
  1216, but roughly 1240. You know, I, I, it takes it
• 1:18:11
  takes a lot to to be this beautiful and animated and
• 1:18:15
  charismatic on the show. So I have to doom scroll before
• 1:18:19
  a little bit and, you know, unwind and then I lose my shit
• 1:18:21
  on the show. This is this is how the magic
• 1:18:24
  happens. So quit yelling at me about it
• 1:18:26
  because I'm not going to change. All right.
• 1:18:28
  Anyways, we love you. We'll see you tomorrow.
• 1:18:31
  Have a good rest of your day. Actually, are you dropping a
• 1:18:33
  show tonight? I dropped a show this morning.
• 1:18:36
  You. Guys should totally.
• 1:18:37
  Check it out totally. Aware of that.
• 1:18:40
  It's a lot going on, all right, It's it's a lot going on.
• 1:18:43
  But if you love the show, go check it out.
• 1:18:47
  It's about the EU censoring people.
• 1:18:51
  What's new, what is new is that now they find Elon Musk $140
• 1:18:57
  million. So you should check that out.
• 1:18:59
  You should see how that affects Bitcoin and how we are kind of
• 1:19:04
  doing a version of that here in the United States.
• 1:19:06
  So check it out. Let me know what you think and
• 1:19:09
  if you like the show, hit the subscribe button, smash the like
• 1:19:13
  button. We love you guys.
• 1:19:17
  We love all the support that you guys give us.
• 1:19:19
  Without you, we wouldn't be here, and so thank you.
• 1:19:25
  Yep, Yep. Cosign. 100% cosign.
• 1:19:28
  All right, Bros, ladies and gentlemen, we appreciate you.
• 1:19:32
  We are out of here. We'll see you tomorrow.
• 1:19:35
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• 1:19:39
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• 1:19:42
  independence.