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How Much Bitcoin Do You Need to Retire by 2030? | EP 1090 · Simply Bitcoin

0:00
Down 3 different retirement strategies that Michael Saylor
0:04
has outlined in his new Bitcoin retirement calculator that is
0:09
completely open source and available on GitHub.
0:12
The name of this new calculator is Bitcoin 24, and it doesn't
0:16
matter whether you're all in on Bitcoin or whether you have a
0:18
small 5% allocation, you're going to want to stick around to
0:22
see all the different calculations we're going to be
0:24
running today. So of course, I'm going to share
0:27
my screen first, Opti, if you could pull it up, please, and
0:31
Opti and our guest for hey, you guys are familiar with this one.
0:35
This is when Moon, we've used it in the past and it's very
0:38
simple. You put in your Bitcoin stack,
0:41
you put in your desired income, and then it gives you a rough
0:44
estimation on when you'd be able to retire with your Bitcoin.
0:49
The thing is though, is that Michael Saylor actually just
0:52
released a new calculator called Bitcoin 24.
0:57
And essentially what it is, it's an Excel sheet which is
1:01
completely open source and it allows you to plug in some
1:05
numbers. So here is Saylor describing it
1:07
himself. This is a tweet.
1:09
He says Bitcoin 24 is an open source macro model forecasting
1:14
asset growth and Bitcoin adoption over the next 21 years,
1:18
along with micro models to evaluate various Bitcoin
1:21
strategies for individuals, corporations, institutions, and
1:26
nation states. So we're going to show that to
1:28
you guys today. It's going to be a little clunky
1:31
because it's Excel, so I'm going to have to share my screen.
1:36
Opti, if you could pull it up please and let me know if you
1:38
can see it. Gotcha.
1:40
Awesome. OK, so here it is everybody.
1:43
Here is the open source Excel calculator that Michael Saylor
1:49
has made public. You can go check it out on his
1:51
Twitter. We actually have a link for it
1:53
down below and you can plug in different.
1:57
Zoom in a little bit, Nico, because it's kind of small so.
1:59
You can plug in different numbers based on what your
2:03
strategy is and I'll break it down for you guys.
2:05
So you have the normie strategy. The normie strategy is
2:10
essentially that their portfolio, they have 0% of their
2:14
portfolio converted to Bitcoin, excess earnings 0% and their
2:19
savings rate is roughly 25%. A/B A/B TC 10% is someone who
2:25
converts. 10% of their portfolio to Bitcoin, excess earnings 10%.
2:31
A Bitcoin maxi, ABTC maxi, how Sailor calls it, converts 80% of
2:36
their portfolio to Bitcoin. What me and Opti are double
2:40
Maxis, 100% of your portfolio to Bitcoin and a triple maxi is
2:46
someone who converts 100 not only 100% of their portfolio to
2:52
Mac to to Bitcoin, but also starts to leverage some of their
2:56
assets in order to pick up even more Bitcoin.
3:00
Now, what's really awesome about this calculator is it allows us
3:04
to plug in different things. I'm assuming if you're tuning
3:09
into this show, I'm going to make an assumption that you're a
3:12
Bitcoin maxi. How Sailor defines a Bitcoin
3:16
maxi is someone who has 80% of their portfolio in Bitcoin.
3:21
So let's mess around with their with his model a little bit.
3:26
And by the way, guys, everything is multiplied by 1000.
3:30
So when you see this number right here or this is yeah.
3:36
So when you see this number right here, it's not 60, it's
3:39
60K. So when you see this number
3:42
right here, assets excluding Bitcoin, let's make an
3:46
assumption, Opti, what do you think the average savings for an
3:50
American right now is, let's say?
3:52
Well, I looked I looked at this yesterday.
3:54
So the US debt clock says $10,000.
3:57
So let's put in 10, right? So let's put in 10.
4:01
Let's do earnings. So how much is this person
4:04
making a year? I don't know what's the average
4:06
income, isn't it like 50K60? TO70K in the United States, so
4:10
let's put in 60 K and now here is the question that I want to
4:14
address from the title, which is .1 Bitcoin and now let's plug it
4:20
in if you're ABTC maxi, you have 80% of your portfolio in
4:24
Bitcoin. Let's see how much Bitcoin
4:27
you'll end up with by the year 2030.
4:32
So with a with his Michael Sayler's base case.
4:36
His base case, by the way, is $13 million per coin by the year
4:43
2045. His bare case is $2.9 million
4:48
Bitcoin by the year 2045, and his bull case is $49 million
4:55
Bitcoin by the year 2045. So for the sake of just breaking
5:01
this down, we're going to use the base case.
5:04
The base case is $13 million per coin by the year 252045.
5:10
Now what's really interesting to me, check this out, Opti.
5:14
So if you're ABTC maxi, you're putting 80% of your portfolio in
5:20
Bitcoin. You're putting 80% of your
5:22
excess earnings into Bitcoin. It it kind of pointed out for
5:28
you, right? So it shows you over the years
5:31
what your Bitcoin count is. So in 2024 would be .2, in 2025
5:38
it would be .3, in 20-30 it would be .6 and 2035 would be
5:43
point .6 and 2040 it'd be .7 and 2045 would be point be .7.
5:48
It's going to be continuously harder and harder to to
5:53
obviously stack Bitcoin because it's obviously going to become
5:58
more and more expensive. Now what's really interesting to
6:01
me, check this out ladies and gentlemen, is this ridiculous
6:06
chart. So what is .1 Bitcoin?
6:09
Right now? It's roughly $6190.00.
6:14
So according to Michael Saylor's base case, maybe 20-30 is, you
6:22
know, not your year, maybe 20-30 you're, you're not going to have
6:26
enough Bitcoin. But take a look at the year
6:30
2045. If Michael Saylor's base case
6:34
comes true, that means by the year 2045, if you are taking the
6:39
Bitcoin maxi strategy, which is converting 80% of your portfolio
6:44
into Bitcoin, putting 80% of your excess earnings into
6:48
Bitcoin, you end up with .7 Bitcoin and that roughly equates
6:53
to .7 Bitcoin, which is roughly $9 million per coin by the year.
7:01
Sorry, 9 million U.S. dollars by the year 2045.
7:05
That is absolutely insane. But that's most of us.
7:08
Most of us listening to simply Bitcoin.
7:09
I think we're all. Max do the double maxi real
7:11
quick before you. Do it.
7:12
Let me No, no, but OK, you want to do the double maxi?
7:14
Yeah, just like just let's see the numbers here.
7:16
Let's. Do the double maxi.
7:17
OK, you have to go. Over and over.
7:18
Just the final number. So the final number here, I
7:21
think it overlaps a little bit. Sorry guys.
7:23
So I'm going to have to kind of read over this.
7:25
This is an Excel sheet after all.
7:29
Oh, that's too small. You'll end up with .9 and I
7:36
believe that is $10 million or $11 million.
7:40
OK, now do the normie strategy. I'm just, I'm just doing it for
7:43
the audience that. Let's let's do the normie
7:46
strategy. So the normie strategy basically
7:49
infers that you are not going to be adding any more of your
7:54
portfolio or any more of your excess earnings into Bitcoin,
7:59
meaning you just buy .1 Bitcoin and you sit on it and let's
8:05
check out the numbers for, you know, the upcoming years.
8:09
So by the year 2035.1, Bitcoin would equate to $1 million
8:16
according to Sailor and by the year 2044 according to Sailor,
8:22
.1 Bitcoin would equate to $2,000,000.
8:27
So if you believe Sailor and his model, right, and we'll get to
8:32
in the numbers segment, how Sailor has accurately predicted
8:35
things in the past, right? So this sounds absolutely crazy
8:38
I'm sure to so many people, but it would sound absolutely crazy.
8:42
If I told you back in 2013 that Bitcoin was would be at 2070 K
8:49
in the year 2024, you would have laughed me out of the room.
8:52
You would have actually done everything in your power to
8:54
accumulate as much Bitcoin as possible.
8:57
So into the future, you know, a lot of this stuff might sound
9:01
insane, but is it really? So yeah, you could technically
9:06
be a millionaire according to Sailor by the year 2035 and it
9:11
would only cost you 6000 or $6215 today.
9:17
Absolutely crazy. I love this calculator.
9:21
Been kind of playing around with it, but I think like I said,
9:25
most of us fit into the BTC maxi category which is.
9:30
Double maxi. Double Maxi, which is putting
9:33
the majority of our earning excess earnings into Bitcoin and
9:36
the obviously 100% of our portfolio into Bitcoin.
9:40
So I do want to kind of mess around with with the numbers a
9:43
little bit and I do want to take advantage of our guests and I
9:45
want to introduce who they are. So Opti, could you oops, sorry
9:48
about that guys. It's it's a, we have a little
9:51
bit of a hiccup in production because we are showing.
9:53
You guys going to do the production?
9:54
We are going to be my drop ball, but yeah, it's I am showing an
9:59
Excel sheet. So it's a little bit, it's a
10:01
little bit different than what we normally do.
10:03
I do want to take advantage of our guests for today.
10:06
This is Christine and Graham. Christine was a huge help for me
10:12
while the Simply Bitcoin YouTube channel was de platformed and
10:17
that is something that she focuses on in her business.
10:20
And this is her husband Graham as well, who he originally
10:25
reached out to me on Noster out of all places and he was able to
10:29
connect me with Christine. So in honor of them helping me
10:33
through very, very dark times and you guys have no idea how
10:36
dark that weekend was for those four days that the channel was
10:41
down. Christine was there.
10:43
She was a helping hand and she guided me throughout this whole
10:46
process. So I want to actually ask them
10:50
to, you know, let let's have fun with this Excel sheet and let's
10:55
plug in some numbers and also let's get the chat involved as
10:58
well. Opti if you could share the
10:59
screen. Put one Bitcoin.
11:01
OK, if you could share the screen again, Opti.
11:03
So let's start off with our guests, Christine Graham, do you
11:07
want to plug in some numbers here in terms of let's, let's
11:10
say yearly earnings, the amount of Bitcoin you're starting with,
11:14
etcetera, etcetera? Well the $6000 number was
11:18
interesting because just this morning I was looking at one of
11:21
my wallets and it was a watch only wallet and I thought I had,
11:26
I think I deleted all the other files but of course I had the
11:31
seed words on a piece of paper so I was able to restore my
11:34
$6000. This morning.
11:38
I, I knew I had the seed words. I just waited to the last minute
11:41
or the last. My, my final try was that and it
11:45
worked. So I don't know what number
11:47
would you like to plug in there, let's say. 5000. $5000 OK.
11:56
So, OK, so, so $5000 in earnings or what are we talking about
12:02
here? I think Bitcoin, the Bitcoin
12:05
amount. OK, so $5000 in Bitcoin, so that
12:08
would be roughly .09. No 009.
12:14
Yeah, .09. No, it's 0. 09.09 is 9 million
12:18
sets. Oh, that's.
12:20
Thank you, Opti. So let's plug in that number.
12:23
And yeah, that's not, I don't think it goes that low.
12:29
I don't think it goes that low. So let's do something about.
12:32
Do .21. .21 OK. So .21 so 21 million SAT's and
12:39
this is with a normie. So Normie strategy is someone,
12:42
again, that doesn't put any excess earnings into BTC.
12:48
They just have .2, they're just going to be holding on to it to
12:51
the year 2030 and then the year 2045.
12:55
According to sailors model, by the year 2033.21, Bitcoin would
13:01
make you a millionaire. And according to sailors model,
13:05
by the year 2045.2 Bitcoin would make you worth $4 million.
13:13
I mean that's freaking insane. Any other numbers you guys want
13:18
to play with? How about $3000 a month?
13:22
$3000 a month. OK, so let's do the earnings.
13:25
What is $3000 * 1236? What is it?
13:31
3000 * 12 is 36,000. So 36,000.
13:34
So let's put it in $36,000 in earnings.
13:38
Is this person a maxi? Are they converting their
13:41
earnings into Bitcoin? It looks like it.
13:45
OK, so let's do this person is a maxi.
13:47
They're converting their earnings into Bitcoin.
13:49
They're earning $36,000 a year. Implied tax rate of 20%.
13:54
The earnings growth is 5% year over year.
13:57
They have 10K in savings other than Bitcoin, and they're
14:01
starting Bitcoin is .21. So they would end up with .6
14:06
Bitcoin by the year 2045 and check this out they would end up
14:10
with $8 million according to sailors open source GitHub XL
14:17
calculator. That is the power of Bitcoin.
14:20
That is absolutely insane. That is bonkers to me.
14:23
This is crazy. All right, Nico, now, now let's
14:25
do what everyone in the chat is one Bitcoin.
14:30
We can leave the earnings double Maxi this this is a real fun.
14:34
So double maxi. So what me and opti are I would
14:38
consider myself a triple maxi honestly.
14:41
So cuz I'm full D Gen. 100% plus anyway so starting starting
14:48
number of Bitcoin is one Bitcoin excess.
14:51
How much excess cash does this person?
14:53
Just do that 36K. So they have 36 K in earnings or
14:57
how much? So.
14:59
Like excess assets. So how much assets do they have
15:03
unrelated to Bitcoin? What's?
15:07
What's the difference between? Sure.
15:10
What what was the average for the American?
15:12
The average you said like 10K, so let's stick with 10K.
15:15
So we stick, OK. So starting with one Bitcoin,
15:19
they have excess assets other than Bitcoin is roughly $10,000
15:24
that includes real estate, equities, etcetera, etcetera.
15:27
Their earnings are $36,000 a year with an implied tax rate of
15:33
20%. So this person would have they
15:39
would have 1.1 Bitcoin. If they did that for a year, by
15:44
20-30 they would have 1.4 Bitcoin, and by the year 2045,
15:49
they would have 1.5 Bitcoin. Now their net assets, Holy shit,
15:55
they would be worth $20 million. Let's go by 2045 and by 2031, it
16:04
would be implied that they would be worth $1 million, which
16:07
perfectly correlates with the $1 million prediction by 20-30,
16:11
which is is what a lot of people are are anticipating.
16:16
So any more numbers you want to play the chat?
16:18
What? What are they telling you, Opti?
16:21
They're just, they're doing like 2 BTC, but it's just double it.
16:24
So let's see, let's double it. Do we want to increase the
16:28
earnings 'cause I think most people here earn more than 36?
16:30
Yeah. What?
16:31
What did we say the average was is like 50-60 K. 50-60 K, so
16:36
let's do 60 K 20% tax excess, you know, excess assets of of of
16:42
$10,000 and let's say this person has two Bitcoin.
16:46
So if they keep doing double maxi, a double maxi's defined as
16:50
someone who converts 100% of their portfolio into BTC.
16:55
This would be an opti do or try to do excess earnings converted
16:59
100% into BTC and their savings rate is implied at 25%.
17:06
So with the year 20/20/24, if they did that for a year, they
17:12
would end up with 2.1, by 20-30 they would end up with 2.6, and
17:18
by 2045 they would end up with 2.8.
17:20
Bitcoin. Their net worth however, holy
17:23
shit. I I believe that number is 37.
17:27
It is cut off a little bit, but let me see if I can make this a
17:30
little bit bigger. Actually no, it's cut off
17:37
unfortunately. But 31 million by the year 2044?
17:43
That is nuts dude. OK, OK, Nico, we got, we did get
17:46
one request in the chat. So go back up to the numbers,
17:48
we'll do double maxi one Bitcoin with 0.
17:53
What? What was this?
17:54
What do you say? 1 BTC with no earnings please.
17:58
One BTC with no earnings. OK.
18:03
And what about S excess assets? Just maybe 0.
18:07
Just do 0. So let's all in on Bitcoin.
18:10
All in on one Bitcoin. All in on one Bitcoin.
18:12
OK, so one Bitcoin. They just have one Bitcoin.
18:15
No excess, nothing. No, nothing.
18:18
They would end up with, by 2044, $11 million and $13 million if
18:27
Sailor's base case holds. Interesting.
18:31
Hey Nico, did you put the link in the description because
18:33
people are asking. The link is in the video
18:35
description and we're also going to put the link in the live chat
18:39
as well. Opti, could you stop sharing
18:41
screen so it doesn't look? Let me know when you do that.
18:45
You're good, OK. Awesome.
18:47
So what I'll do is I'll put the link to sailors tweet in the
18:51
live chat so you guys could do some of the math yourselves.
18:56
But yeah, this is incredibly, incredibly interesting and opt
19:01
if you can share the screen once again, I do want to cover your
19:06
some of these forecasts as well. So where where he's getting?
19:09
Let me know when it's. Up.
19:10
You're good. You're good, OK.
19:11
So you know Sailor does different cases, right?
19:15
So the bear case actually is 3.2 and he's assuming that Bitcoin's
19:19
going to be worth a it's going to be a $68 trillion market cap.
19:23
The base case is going to be worth 13 point 13.4 million with
19:29
a $281 trillion market cap and then the bull case, the 1032
19:37
trillion with a price of Bitcoin, 49.2 million per
19:42
Bitcoin. And you can all mess with this.
19:45
So you can actually plug in your own numbers.
19:48
Now the base case essentially assumes that the annual
19:55
appreciation rate is 50%. However, that 50% annual
20:01
appreciation rate actually decreases over time.
20:05
So next year instead of it being 50%, it will go down to 47%.
20:09
The year after that 45 percent, 4042% and then it kind of levels
20:14
out at roughly 20% by the year 202037.
20:20
So you these are all numbers that you can play with depending
20:24
on. You know how bullish you are,
20:27
what you're trying to speculate, and this will allow you to kind
20:31
of plan the future. Also, this is really cool too.
20:36
It shows you the total global assets.
20:39
So when you look at it by this point, it doesn't sound too
20:43
crazy, right? Because if you look at it, real
20:47
estate is the bulk of this. Bonds would be the bulk of this.
20:50
Equities would be the bulk of this.
20:52
Currencies would be the bulk of this.
20:54
Bitcoin would only be a small percentage of this.
20:58
For the audio listeners, I'll break it down.
20:59
South Real estate by the year 202045 would be 1365 trillion.
21:05
Bonds would be 835 trillion. Equity would be 150 trillion.
21:11
Currency would be 495 trillion. BTC would be only 280 trillion.
21:17
Of that whole total addressable market cap, art would be 110
21:22
trillion and gold would be 45 trillion.
21:26
So I mean, if you break it down like that, it doesn't sound too
21:30
radical. And we could actually change it
21:32
up, right? Let's make this a little bit
21:34
bigger so it shows I don't want to mess this up either.
21:38
There we go. By the year 2030, it it's pretty
21:44
conservative. So real estate is 495 trillion
21:48
bonds, 400 trillion equity, 205 trillion currency, 180 trillion
21:54
art, 30 trillion gold, 20 trillion BTC, 10 trillion.
21:59
A $10 trillion BTC would put Bitcoin roughly almost at $1
22:04
million per coin. So I mean, it doesn't sound like
22:09
it doesn't sound inconceivable at all either.
22:13
These are pretty, you know, this is pretty conservative.
22:17
We can also, you know, you could do you could do the bit the bear
22:20
case as well. It kind of changes the the
22:23
numbers, but I mean bear case by the year 2045, that's still
22:27
incredibly bullish. So anyways, guys, I thought I
22:29
would share this tool for you guys.
22:31
It also has corporations, also has institutions and allows you
22:36
to see how Bitcoin could potentially benefit your
22:42
financial situation. I thought it was fascinating
22:45
when I first ran into that calculator.
22:49
Anyways, Opti, some some thoughts before we move on to
22:52
the number segment. In the number segment, guys, I'm
22:55
going to make the case for you guys that Michael Saylor isn't
22:58
crazy. I'm going to make the case for
23:00
you guys that Michael Saylor has predicted these types of pivotal
23:05
moments in the past before. He wrote a book back in 2012
23:09
called The Mobile Wave and it predicted the fact that
23:13
computing would be condensed to your hands essentially right.
23:18
That back in the 90's, the theory was that everyone at home
23:21
would have a computer. That theory proved to be right.
23:25
What that theory, that theory where that theory was wrong was
23:29
the assumption that the computer would have a keyboard and a
23:32
screen. The computer ended up being this
23:36
your smartphone, right? So he predicted back in 2012
23:40
what the significance of what would happen to the world where
23:45
everyone would essentially have a mobile computer in their
23:49
hands. And he also predicted what
23:52
companies would be most benefiting from this mobile
23:56
wave. He predicted Apple, He predicted
23:59
Google and he predicted I, I believe a handful of others and
24:02
that by the way, if you invested in those companies back in 2011,
24:07
2012, that's when they just released the iPhone.
24:10
And just to give kind of give you guys an idea, Apple makes
24:13
the majority of their money from iPhones, right?
24:16
So you'd be getting a great deal, I believe the, the stock
24:20
1000 next or something like that.
24:22
It was something crazy, right? So anyways, I hope you guys
24:27
enjoyed the segment. We left you guys the link in the
24:31
video description and we put it in the chat as well.
24:34
Had fun with it. It's completely open source, you
24:36
can access it and you know, of course, Sailor created this
24:41
himself. I thought you guys would find it
24:43
interesting because we've been playing around with the Jimbo
24:45
calculator. Now Sailor has his own open
24:48
source Bitcoin calculator, Opti. Any final thoughts before we
24:51
move? On yeah, well, my first thought
24:53
is Sailor's got some great Ahopium.
24:55
That is great. Love to see those models.
24:58
I know I'm. Pretty conservative.
25:00
I'm trolling here. I'm trolling here, obviously.
25:03
I, I mean, and even also kind of jumping into on some sailorisms.
25:06
He's got the, the famous quote of like all your models are
25:09
broken. Obviously it's not like a sailor
25:11
quote directly, but he's one of those guys that's been
25:14
propagating that a lot. And I, I would kind of agree.
25:17
I, I think obviously we don't know where the Bitcoin price is
25:20
going, but it is fun to kind of speculate on what your holdings
25:25
is and you know, go down the timeline and be like, OK, what
25:29
will my work potentially be worth in the future?
25:31
And on that note, obviously it makes you feel good.
25:34
The dopamine rush is like, yes, I'm going to be rich.
25:36
I'm going to escape the, the rat race and escape the matrix and
25:39
all the memes that we talk about constantly.
25:41
But I think the silver lining of this is this idea of like, OK,
25:45
just speculate where the wealth and the price of Bitcoin might
25:48
go. And today, in today's terms,
25:51
think about how your, your self custody setup is and think about
25:56
whether it can, you know, withstand the test of time.
26:00
And if you don't have a good self custody setup right now,
26:04
maybe you need to, you know, 10X100X the amount of purchasing
26:08
power you have today and then reconsider what you're self
26:10
custody setup should be. So if you have, you know, say
26:13
you've been stacking and you're like, man, I only have 10
26:16
million sets. I don't really care.
26:18
I'm just going to leave it on a hot wallet on my phone using
26:21
these numbers. You're like, OK, maybe I need to
26:23
reconsider this and get myself a hardware wallet.
26:25
Maybe I need to consider put my, you know, one coin into a multi
26:29
sig setup. Like I think these are the
26:31
thoughts that that I personally are having watching this is
26:35
like, OK, these are some good good tools not to just kind of
26:38
get that dopamine hope opium of like, oh, I'm going to be rich
26:41
in the future. It's kind of like, okay, well,
26:43
this is my holdings now. If these models do work out, is
26:47
myself custody set up going to be secure enough for me to, you
26:51
know, handle that type of pressure and that much
26:54
purchasing power in the future? And so that I think that's kind
26:57
of like a secondary effect of this that you guys should be
26:59
thinking about. But actually, Nico, there was
27:02
one point there where you were giving us the numbers of the .7
27:06
in what was it like 2041 or 2045 or whatever.
27:10
And I, I don't know if you guys saw me on in the, in the video
27:13
guys, but I, I got to dagger to the heart because in my early
27:16
days in Bitcoin, I lost .7 Bitcoin.
27:19
And now it's like, you're telling me it's like $9 million.
27:22
I'm like, Oh my God, like, don't tell me this.
27:25
I like, oh, you know, I, I try not to think about it, but today
27:30
I'm like I for, for for the first time in a long time
27:33
thought about it. I'm like, damn, like really?
27:35
I lost $9 million like so. Right.
27:38
And then let's address this too as well.
27:40
And Opti, perhaps I have to pull up the screen as well, which is
27:43
everyone, the people are joining, just joining in the
27:47
live stream right now and they're trying to figure out, so
27:49
like, what is the number? Let's do it.
27:53
Beachy's saying, can he get to the point?
27:55
Let's plug it in, Let's plug it in.
27:56
What is Opti? Let me know when the screen is.
28:00
Sharing. Is it not pulling up?
28:06
No. OK, here we go.
28:08
Let's try that. All right, it's up.
28:12
All right, flip it over. Here we go.
28:14
I got you. All right, Beachy and new people
28:17
joining to the live stream. It all depends on, again, it all
28:21
depends on the number, right? So like what are we talking
28:25
about here, Beachy hit us with a number.
28:28
Are we talking about .1 BTC? Are we talking about .5 BTC?
28:33
Are we talking about point? Are we talking about one BTC?
28:36
Because that changes. What's the number that we've
28:41
been using for the amount you need to retire?
28:43
Was it like $10 million or something like that?
28:47
I would say, I would say like in the West you need like 4 or 5
28:50
million to retire. Like if you're in your 20s or
28:53
30s. Yeah, so, but again with one BTC
28:57
currently 60,000, you'll be worth more than 10 million if
29:01
sailors model holds by the year 2044 and you'll be a millionaire
29:06
by 20302031. So half of their money, half a
29:10
coin, 2030. So half a coin by 20-30.
29:13
I think that would be like half $1,000,000.
29:16
You just said one coin is 10 mil, right?
29:19
So one coin is 10 mil by 2045. Oh, 45.
29:24
OK. Yeah.
29:25
So, yeah, I mean guys. So 2.1 do 2.1 I think that. 2.1
29:30
Bitcoin. All right, let's do that 2.1
29:36
according to sailors model. 20-30 do 20-30 by. 20-30 It will
29:41
be worth 1,000,000, by 2035 it will be worth 4 million and by
29:46
the year 2045 it will be worth 28 million.
29:49
All right, so based on sailors, you need about 10 Bitcoin.
29:52
Yeah. So based on sailors, you need
29:54
roughly let's let's do the math real quick 10 Bitcoin.
30:00
So if you want to retire, Yep, Yep, you need roughly 10 Bitcoin
30:04
right now. If you want to retire by 20-30,
30:07
you'll have $6 million. And that's his base case.
30:11
And that's also assuming that you're a normie.
30:14
So you're not investing more of your earnings into Bitcoin
30:19
because that changes the whole conversation.
30:21
So if you're a Bitcoin maxi and you're investing 80% of your
30:25
earnings and let's say you're making the average earnings of
30:28
an American in the United States, then the conversation
30:31
kind of changes it Bitcoin just becomes so expensive, but you
30:35
will end up with half a half a Bitcoin more if you are a
30:40
Bitcoin maxi. Anyways, I'm going to end it
30:42
with with that segment. It was quite long, but I hope
30:45
you guys found it useful again, the all the information is in
30:51
the chat, the open source calculator, feel free to use it.
30:56
Feel free to plug in the numbers.
30:57
There's a bull case, there's a bear case, there's a base case.
31:02
So have fun with it. But anyways, let's start the
31:04
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Anyways, we were talking about Michael Saylor's calculator in
34:02
the beginning, and I can see how a lot of people are hesitant.
34:05
You looking at me and you're saying, Nico, are you trying to
34:07
tell me that $6000 investment today in 21 years could
34:12
potentially be worth millions of dollars?
34:15
What are you talking about? You're going to laugh me out of
34:17
the room. You're going to call me crazy.
34:19
We have to remember who Michael Saylor is.
34:23
And again, if you want to learn from the past, you have to study
34:27
it. Michael Saylor correctly
34:29
predicted the mobile wave. In fact, he released this book
34:33
back in 2012. The Mobile Wave, How Mobile
34:36
Intelligence Will Change Everything is a 2012 non fiction
34:40
book by Michael Saylor. The Mobile Wave provides an
34:43
analysis of then current trends in mobile technology from the
34:47
point of view of a scholar of the history of silent science.
34:51
The book argues that mobile devices will become essential
34:54
tools for life in the modern day, changing how businesses
34:58
operate and how industries and economies are powered.
35:01
Now you tell me back in remember back in the day, cell phones
35:07
were very basic, right? So in 2012, he predicted,
35:13
correctly predicted that mobile devices would become essential
35:17
tools for life in the modern day.
35:19
Is that correct, Opti? I would, I would, I would.
35:21
I would ask you that. Question yes, I'm a Cyborg.
35:24
I can't live without my phone. Did he predict?
35:26
Did he predict that correctly? Yes.
35:28
I'm going to pass it on to Christine.
35:30
Christine, did Sailor predict the mobile wave correctly?
35:35
Yes, looks like it. Looks like it, and it seems like
35:39
Graham agrees as well. I heard him in the background.
35:42
Anyways, I'm going to play you guys a clip of Sailor who
35:45
recently joined our boys G Money Pepe from Badlands Media.
35:51
They just had me on a couple days ago or a couple weeks ago.
35:54
They just had Sailor on and let's check.
35:57
Out rug, Paul. Radio Rug.
35:59
Paul Radio appreciate it Opti and let's check out what Sailor
36:02
had to say and he does reference his book the mobile Wave and how
36:05
that was how he used the same logic to predict what's going to
36:13
be happening with Bitcoin. Let's check it out.
36:15
It's a fun book to write. A lot of the principles still
36:20
hold. You know, it kind of prepared me
36:24
the the way to make money off the mobile wave was by Apple, by
36:28
Amazon, by Facebook, by Google, right?
36:30
They were the big winners. But it prepared me for the
36:34
Bitcoin wave. And the Bitcoin wave is the
36:38
digital transformation of energy.
36:41
The mobile wave was the digital transformation of communication
36:45
and relationship and digital transformation of handheld
36:49
devices and the consumer experience, etcetera.
36:55
And all the money that's been made in the past 50 years,
36:59
right? They're all these big digital
37:01
transformations. And inevitably the people being
37:04
attacked always don't even know they're being attacked.
37:07
They dismiss it or it's just too late before they can react to
37:12
it. That's why you want to read this
37:15
stuff. You want to be ready, and then
37:16
you want to figure out how to surf the next wave.
37:19
Surf the next wave. So that's the question that I
37:22
have for you guys. Are you guys prepared to surf
37:24
the next wave? This is someone who correctly
37:27
predicted the mobile wave, how cell phones were going to be a
37:31
quintessential part of life. And then also, how do you make
37:36
money from it? You invested in the companies
37:39
that were developing the software for the phones.
37:42
So iOS, Apple and Android for Google, right?
37:45
Those are the two big winning bets.
37:47
If you invested in those companies back in 2012, you
37:51
would have made a fortune due to the upcoming mobile wave.
37:55
So right now, right, we are in the first ink.
37:57
We're in the first innings of the separation of money and
38:01
state, the Bitcoin wave. And the question that I have for
38:04
you guys is are you prepared to catch the wave?
38:08
Anyways, for the sake of time, let's move to the news.
38:11
We have a lot to talk about today in regards to Naimbu
38:13
Kelly. And then guys, we have a special
38:16
edition Rumble X exclusive with our two guests today, Christine
38:21
and Graham. We're going to be talking about
38:24
some interesting topics, so stay tuned.
38:26
Wait, wait, but tell them. But tell them we're going to,
38:28
we're going to switch off the YouTube, the YouTube stream in
38:31
the culture and we're going to stream Rumble and Twitter only.
38:34
So get prepared to switch platforms on us.
38:37
Absolutely. All right, everybody, let's get
38:38
to news. We're going to talk about the
38:40
recent attack by the IMF on El Salvador.
38:44
Why is the IMF so concerned about El Salvador?
38:47
El Salvador is a very small country in Central America, has
38:50
the GDP of $32 billion. Just to kind of give you guys an
38:55
idea, Elon Musk's net worth is 250 billion, right?
39:00
El Salvador's GDP is only 32 billion.
39:03
Why is one of the most powerful institutions in the world so
39:07
concerned about El Salvador's Bitcoin law?
39:10
Like, why, why, why do they keep attacking El Salvador?
39:13
Well, we'll answer that question in right in a bit.
39:15
We'll be right back. We're going to hit the news.
39:17
Let's check it out. Here we go.
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All right, everybody, let's talk about this latest news dropping
41:51
by Reuters. IMF says Bitcoin remains key
41:54
element in El Salvador program talks program talks between the
41:59
IMF and El Salvador focus on strengthening reforms while
42:02
addressing risks from the use of Bitcoin remains a key element of
42:06
the discussions, the IMF said on Thursday.
42:09
Quote what we have recommended is a narrowing scope of the
42:12
Bitcoin law, strengthening the regulatory framework and
42:15
oversight of the Bitcoin ecosystem and limiting public
42:19
exposure to Bitcoin. Now, after everything that we
42:22
just covered, I showed you guys the calculator, I showed you
42:27
guys what's going on. Like you would think, right,
42:30
that, you know, this agency that's that's concerned about,
42:33
you know, the well beings of these up and coming countries,
42:36
you would think like, wait, wouldn't you want them to adopt
42:41
something like Bitcoin? Like what, what, what, what,
42:43
what's going on there? That doesn't make sense.
42:45
And anyways, let's take out, let's take a look at some of the
42:48
recent statements coming out of the IMF in regards to updates on
42:52
El Salvador. An International Monetary Fund
42:55
mission led by Rafael Espinoza issued a statement following in
42:59
person and virtual discussions over the past months with the
43:02
Salvadoran authorities. These discussions focus on
43:05
policies that can be supported by an INF program to address
43:09
macroeconomic imbalances and strengthen medium term growth
43:12
prospects and resilience. Quote Progress has been made in
43:16
the negotiations towards a fund supported program focused on
43:20
policies to strengthen public finances.
43:22
On the fiscal side, preliminary understandings have been reached
43:26
on improving the primary balance by around 3 1/2 percent of GDP
43:30
over the three three-year period to place public debt on a
43:34
sustainable path. Right.
43:35
So essentially what they're trying to do, what they're
43:38
trying to frame is the IMF is the only way for all these low
43:44
income countries around the world to be able to improve
43:48
their economies. That's what it boils down to.
43:50
That's how they're framing it. And now what's hilarious about
43:53
this report, also at the very bottom, it says on Bitcoin,
43:57
while many of the risks have not yet materialized, there is joint
44:02
recognition that further efforts are needed to enhance
44:04
transparency and mitigate potential fiscal and financial
44:08
stability risk from the Bitcoin project.
44:11
So what are those risks? Right?
44:13
So Michael Saylor has adopted a Bitcoin strategy.
44:17
His company right now is leading the S&P 500 in terms of
44:21
performance. El Salvador has made.
44:24
They're talking about transparency.
44:26
El Salvador has made their Bitcoin reserves public.
44:30
What Western democracy has made their gold reserves public?
44:34
We have to take their words for it.
44:37
Bitcoin is transparent, an open Ledger, right?
44:40
And then the potential fiscal and financial stability.
44:43
I would say that if your country doesn't make Bitcoin legal
44:46
tender continues on a Fiat standard, that is a bigger risk
44:52
to financial stability than not doing so.
44:55
And if you look at the data, ever since El Salvador has made
44:58
Bitcoin legal tender, their GDP has literally skyrocketed.
45:03
Not to mention the amount of crime that is happening in the
45:06
country. It's reaching all time lows.
45:09
Keep in mind this used to be one, this used to be the murder
45:13
capital of the world and it's gone down to 2.4 out of 100,000
45:19
inhabitants. That is safer than most big U.S.
45:22
cities. Just to kind of give you guys a
45:24
perspective, how fast things turn around now, why is this
45:28
happening? Like why is the IMF still
45:31
talking about Bitcoin? Why are they still trying to
45:34
make the case that, hey, you need us in order for you, for
45:38
your economy to, you know, stabilize and all this stuff?
45:41
Well, it kind of it comes down to this.
45:45
It comes down to the fact that if these small countries find an
45:52
alternative to the IMF system, they will no longer be reliant
45:57
on the IMF and therefore the IMF could no longer control these
46:02
countries through predatory loans.
46:05
And that's what it's all about. And that's why they freaking out
46:09
the where they're freaking out. And Naimbu Kelly knows this,
46:12
which is why he gave a big speech in regards to El Salvador
46:19
reaching total financial independence.
46:21
So check this out. El Salvador will no longer
46:24
borrow external debt for budget funding President Naimbu Kelly
46:29
announced that El Salvador will no longer require external debt
46:32
to finance its budget, achieving financial independence during
46:36
his Independence Day speech. This significant declaration was
46:40
made as part of the celebrations marking El Salvador's 200 and
46:43
3rd anniversary of independence, which was highlighted in post on
46:47
X around the early hours of September 16th.
46:50
Even the people in the comments know the IMF.
46:54
Big mad for big mad and the second comment think Bitcoin for
47:00
that. So this is what it boils down
47:01
to. This is why the IMF is so scared
47:05
of Bitcoin. This is a tiny country.
47:08
This is a country with a very small GDP.
47:11
But it all boils down to power and control.
47:15
And they can no. Longer Do you have the clip?
47:17
I, I, we got the clip here. We should play the clip.
47:19
We should play the clip. Could you pull it up?
47:21
Yeah, I got it right here. Just let me let me pull it up.
47:24
This is this is hilarious. All right, here we go.
47:27
Let's pull it in. So on El Salvador, IMF staff
47:34
have ongoing and ongoing engagement with the Salvadorian
47:38
authorities and the objective is to reach agreement on a new IMF
47:43
supported program that would help with the macroeconomic
47:50
stabilization and adjustment and also growth enhancing reforms.
47:55
Ongoing discussions are focused on policies to strengthen
48:00
reforms that can be used to boost productivity and economic
48:04
governance. Addressing risks arising from
48:08
Bitcoin is a key element of of these discussions.
48:13
And of course the goal is for the Fund to be in a position to
48:19
support a credible and well sequenced policy package that is
48:23
designed by the by the authorities.
48:30
With respect to the, the details on on Bitcoin, what we have
48:35
recommended is a narrowing of the scope of the Bitcoin law,
48:40
strengthening the regulatory framework and oversight of the
48:44
Bitcoin ecosystem and limiting the public sector exposure to to
48:52
Bitcoin. They are, could you send that to
48:56
me, Opti, drop that, drop that in the chat.
48:58
They're absolutely terrified. They're they're scared.
49:03
Excuse my language hitless. I, I, I, I cannot believe like,
49:09
and again, like the pompous, the, the like the attitude from
49:14
that Lady, like it's like, you know, this macro stability that
49:18
we're going to provide. The IMF has never been able to
49:20
do this. They've bailed out Argentina
49:23
like 3 or 4 times. The country continues to go into
49:26
hyperinflation. If the IMF's strategies have
49:31
worked, then how come any of these countries haven't pulled
49:35
out? As soon as Naimbu Kelly made
49:37
Bitcoin legal tender, dry crime dropped, the GDP skyrocketed.
49:43
And now he's saying we're not going to borrow any more from
49:46
anyone else. And they're basically trying to
49:49
say, listen, we're not going to give you money if you don't take
49:54
away the Bitcoin law. And these are the same people
49:56
lecturing us on democracy. Like, come on, dude, that,
50:00
that's some bullshit in 4K. But I could hear the fear in
50:06
that lady's voice. I could hear it because I'm
50:09
telling you guys, this is an idea.
50:10
This is a very powerful idea. And now it's infected the, the
50:15
US, the, the US economy through the, through the ETF.
50:21
Now Michael Saylor has proven that the Bitcoin strategy is
50:25
superior. We've showed you guys the
50:27
numbers in the beginning of the show and they're terrified that
50:31
this model gets proven on a nation state level because all
50:34
of a sudden people aren't going to be looking at the IMF in the
50:37
World Bank anymore. And what people have to
50:40
understand and think. Alex Gladstein, for a lot of his
50:43
work on this, the IMF and the World Bank have been used as
50:48
tools to exploit low income countries.
50:53
And they could no longer do that if those low income countries
50:56
transition to a Bitcoin standard.
50:58
That's what it's all about. But the fear in that lady's
51:01
voice was beautiful. It's a great way to end the
51:06
Simply Bitcoin episode on Friday guys, we are going to transition
51:10
exclusively to Rumble to talk to Christine and Graham.
51:15
Christine was essential in helping Simply Bitcoin get the
51:22
the the channel back when we were de platformed on YouTube.
51:26
So we're going to continue that conversation exclusively on X
51:31
and exclusively on rumble as well.
51:34
So if you guys want to continue watching the show, head over to
51:37
those platforms, but. Yeah, Nico, I put the link in
51:40
the chat and for the replay value, we'll put the show
51:44
episode in the description. I'll do that right now.
51:47
Yeah, absolutely. All right, everybody, we're
51:49
going to transition to the culture and we will see you guys
51:55
in a second exclusively on Rumble NX and of course Noster
52:00
as well. All right, everybody, before we
52:13
jump into it, I do want to give a very special shout out, of
52:18
course, to our sponsor, the Interlap Stack friends who
52:21
stacks SAT join the 12,233 Bitcoiners that are currently on
52:28
the app. The orange pull up is the number
52:31
one resource for Bitcoin only event.
52:33
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52:37
you don't know anybody any bitcoiners around you, you pull
52:39
up the orange pull up and it will allow you to connect with
52:42
them. Also, if you want to send me
52:45
ADMA, don't really answer Twitter DMS these days or
52:47
emails. Download the orange pull up,
52:49
send me Adm and I'll make sure to get back to every single one
52:52
of you guys. This is a great resource to
52:55
connect with fellow bitcoiners. Download the orange pull up
52:57
today, scan the QR code or check the link in the video
53:01
description. Anyways, I'm really excited
53:03
about today's culture and I can't thank Christine and Graham
53:07
enough. Graham, thank you so much for
53:10
introducing me to your wife, Christine.
53:12
Christine, thank you so much for holding my hands through those
53:17
dark times. So let's talk about this.
53:20
What is it that you do, Christine?
53:21
Because you specialize in this, I do want to mention the name of
53:25
your YouTube channel. It's called a YouTube Manager
53:29
Pro. So Christine and Graham, thank
53:31
you guys so much for joining us on the show.
53:35
Thanks. I would love to help you it it
53:42
depends because of many things I'm doing for the past I start
53:49
using Bitcoin I think about two years ago 2 and half maybe.
53:55
And This is why it's happened, because I moved to another
54:02
country and I'm originally Russian.
54:05
Actually, I'm just a YouTube manager.
54:08
Last five years I was managing YouTube channels, growing them
54:14
and supporting the other clients.
54:17
But clients was Russian and I was travelling.
54:22
I used to live in Turkey before then I moved to Mexico and when
54:28
I appeared here in 2022, my bank accounts was blocked because of
54:35
them. I don't know by the Russian law
54:39
I can't say war, but the war was started.
54:44
I've been in a difficult situation to get my money out of
54:48
the Russia because all my customers and is Russian.
54:52
Google was blocked in Russia for many reasons.
54:57
First it was blocked advertising in Russia in the Google
55:01
platforms. Then it was blocked.
55:06
Yeah, advertising. They start, I think this is
55:11
about yes, 2 1/2 years ago, I start recovering YouTube
55:15
channels and Google advertising accounts and Google AdSense
55:20
accounts. I don't even know is it the job
55:25
called like that the Google recover, but this is what most
55:33
things I'm doing. I think it helps me to do this
55:38
that my by my education. I'm originally lawyer in the
55:43
past. It was many, many years ago and
55:49
I was working with American companies and I graduated also
55:55
management university. I think I was lucky in it and it
56:02
was important for me to help you because I'm using crypto, not
56:09
all the Bitcoin. Sometimes I'm transferring money
56:13
by crypto. There's also a lot of
56:16
restrictions for citizens of Russia and I'm, I, I want it
56:25
very much for it become more popular and people know a lot
56:31
about it and all numbers. You said today it's important.
56:37
Actually it was funny. We went to the restaurant here
56:41
in Mexico and the waiter said that mostly Russians paces
56:47
Bitcoin, remember? Oh yeah, that's right.
56:51
Yeah, because we don't have any other options to transferring
56:55
money. No, we have some, but it's
56:57
difficult yes. And it was my strong desire to
57:02
help you because I think you're doing very important thing.
57:10
A lot of I was sure that it's only because of the Russia,
57:15
Belarusia, Ukraine, because I'm also recovering Ukraine
57:20
channels. But when Graham told me that it
57:25
was happened with you, I said no, I need to help.
57:29
I'm a help. And yes, we did it.
57:35
Yeah, we didn't. I highly appreciate it.
57:37
And the reason I wanted to bring you on today, Christine, first
57:40
of all, like, you know, we're, we're so much, so much gratitude
57:45
for, for helping us through like this dark process.
57:47
But also we are all, we also are very aware that not everyone has
57:53
the privilege that simply Bitcoin has.
57:54
And when I'm talking about privileges, we we've been able
57:58
to build a platform for a couple of years and we've been able to
58:02
build a very good reputation with the community.
58:05
So the community was able to make a huge outcry, but there
58:10
are other smaller Youtubers that don't have that privilege.
58:14
They they don't have that luxury.
58:16
And I think if you guys find yourself in a situation that you
58:21
guys are potentially platform de platformed on YouTube and and
58:25
Google, you guys could reach out to Christine and Christine can
58:30
help you guys out specifically if, if you don't believe that
58:33
you broke the community guidelines as as in was the case
58:36
of simply Bitcoin, I made sure to study the YouTube community
58:40
guidelines as thorough as possible.
58:43
And we like, I like, it's like we tried not to break them and
58:48
what in whatever way. And we were still de platformed.
58:53
I believe it was an algorithmic trigger.
58:56
And I believe that it was a combination of Christine's help
59:00
and also the outcry from the community and of course the
59:02
publications on Zero Hedge and Forbes that we were able to make
59:06
enough noise where there was an actual human being that was able
59:10
to look at the problem. So I, I, I want to talk about
59:16
the, the, the thing that you were talking about earlier in
59:22
regards to being able to transmit money while you were in
59:27
Russia and how Bitcoin was able to facilitate that remittance
59:33
while other, the legacy, the legacy financial system was not.
59:37
Because that's one of the, the comments that you hear from
59:40
central bankers all the time where they're basically making
59:43
the case that, hey, wait a second, like you don't need
59:46
Bitcoin. We have Fiat, we have monetary
59:49
rails. And it's like, yeah, because you
59:52
live in the US or because you live in the UK or because you
59:57
live in Europe. And that's an illusion too,
1:00:00
because the politicians, if they get upset, they'll just cut off
1:00:03
your money like instantaneously. I love that you were talking
1:00:07
about basically saying like, look, I didn't have an, I didn't
1:00:10
have a choice. Like it was either I, I either
1:00:13
use Bitcoin or I don't use anything at all and then I'm not
1:00:16
able to send money period. So I want to hear more about
1:00:19
that, Christine. Can I let me make a quick
1:00:22
comment. Christine spent some time in I,
1:00:29
I think she was in Russia a couple of years ago, maybe not
1:00:33
quite that long ago, but I had to transfer some money to her
1:00:36
Russian bank account. She needed the needed, needed
1:00:39
some money because she didn't have it in that account.
1:00:42
And what I've been using while I've been here in Mexico is
1:00:47
Wise. And so I have the Wise app on my
1:00:49
phone and I transfer money between, you know, between
1:00:52
myself and other people. But yeah, as soon as I try to
1:00:56
transfer money to Christine's Russian account, it gets flagged
1:01:00
as a sanctions violation. And somebody from the UK start
1:01:05
sending me messages and trying to figure out what's happening.
1:01:08
You know, here I am just trying to give sense of money to my
1:01:12
wife. And all of a sudden they think
1:01:15
I'm a criminal, you know. So I'll, I'll just let Christine
1:01:18
comment. Yeah, I didn't want to talk
1:01:21
about politic. I'm just trying to follow the
1:01:26
human rights, which is definitely how to say that it's
1:01:33
broken all the time. They just situation what was
1:01:37
happened with me. I appear in Mexico, 10,000
1:01:42
kilometers from my country and because someone in my country
1:01:48
made a mess, the international community just turn off the
1:01:56
SWIFT transfers and I must go to another city, meet the man I
1:02:02
never met for I would able to transfer money.
1:02:07
I was able to transfer money in Russia.
1:02:10
I would transfer, I was transfer money in Russian account to his
1:02:15
Russian wife account and only then he gave me a cash.
1:02:20
And it was happened in 2022 with a person with a lower education,
1:02:27
with a high management education in another country.
1:02:31
We I didn't broke any law, I didn't violate anybody.
1:02:36
I'm not a criminal, absolutely clean and I was with absolutely
1:02:42
0 money. Actually, I appreciate for that
1:02:47
because they made me learn things.
1:02:51
Of course I mean you. You.
1:02:54
You had the necessity and I want to talk about that because that
1:02:57
that point that you made, Christine, is so important,
1:03:01
which is just because of where you happen to be born.
1:03:08
Essentially, they took your right away to use money and they
1:03:13
essentially said you are a criminal not because of what you
1:03:18
did, but because of what your government did.
1:03:22
And that is insane. You talk, you're talking about
1:03:25
human rights, right? And a lot of these institutions
1:03:29
like the IMF, like the World Bank, like the United Nations,
1:03:35
they're talking about OPTI. Why is it like that?
1:03:38
What it's not like. Yeah, thanks.
1:03:42
And they, they give us this lectures about democracy and
1:03:47
freedom and human rights and all this stuff.
1:03:50
What about the human rights of everyday Russians?
1:03:53
Because those are the people that were affected by the
1:03:56
sanctions the most, not necessarily the Russian
1:03:59
government. What about the human rights of
1:04:02
Cubans? What if you're in Iran?
1:04:05
And again, the vast majority of people that live in those
1:04:08
countries have nothing to do with politics, have nothing to
1:04:13
do with the people in power. They just happen to be born in
1:04:18
those countries. And the way that the current
1:04:20
system works is because you happen to be born in a certain
1:04:24
country, you're not entitled to a bank account.
1:04:28
This is what Bitcoin is for. And anyone who's against Bitcoin
1:04:33
is basically making the argument that because you're a human
1:04:38
being and you happen to be born in a certain jurisdiction,
1:04:42
you're not entitled to use money.
1:04:45
We've taken that right away from you.
1:04:47
And that is absolutely disgusting.
1:04:50
And this is what Bitcoin fixes. This is why it's important to
1:04:55
have a non sovereign monetary alternative because the fact is,
1:05:00
is that Fiat money is highly, highly politicized.
1:05:05
And that's what people don't talk about.
1:05:08
We saw it with the Russian protest.
1:05:09
We saw it with the Canadian truckers protest.
1:05:12
OK, even in Canada, which the Canada, you know, democracy,
1:05:16
Western democracy, we always, always hear that they still cut
1:05:20
the money off of people because of their political perspectives.
1:05:26
They still, they, they said, no, your bank accounts closed.
1:05:28
So was it ever really their money?
1:05:31
It wasn't really their money. And This is why Bitcoin is so
1:05:34
important. This is why self custody is so
1:05:36
important, because it doesn't matter where you are, you if you
1:05:40
have a Bitcoin wallet, you can download it.
1:05:42
You can now transact with the global economy via Bitcoin
1:05:49
without the fear of debasement and confiscation.
1:05:54
And Bitcoin doesn't care what your religion is, what your skin
1:05:57
colour is, what your nationality is, what your beliefs are.
1:06:01
It doesn't care. It's for everyone and Fiat is
1:06:05
not for everyone. Fiat is for the the government
1:06:10
says it's it's a public money, but in reality it's a
1:06:14
government. It's a money by the government
1:06:17
for the government to benefit the government.
1:06:21
Bitcoin is truly the public money, and Bitcoin is a money by
1:06:26
the people, for the people, not this garbage Fiat that these
1:06:32
politicians are trying to peddle on us.
1:06:34
So I completely agree. And it's a very, very important
1:06:38
story that you're telling, Christine, because people don't
1:06:42
hear the other side, right? I had one more scary story.
1:06:48
I have clients. As I said, I've been recovering
1:06:52
for 2 1/2 years. Google YouTube channels and
1:06:57
Google AdSense accounts. I have few clients from Ukraine
1:07:01
and specially from Donetsk and specially from Crimea.
1:07:07
The Google just don't let them take money out of the Google
1:07:12
AdSense. One of my client having more
1:07:16
than $1500 only because she was born in Crimea.
1:07:24
She have nothing with the politic she's just YouTube
1:07:28
popular YouTube channel. She been cut off almost two
1:07:33
years ago and she doesn't earn any money and as extra they even
1:07:40
don't returning her money to her.
1:07:43
We was working for a year. This is only one client, I
1:07:47
didn't recover the channel. There is some reasons because,
1:07:53
and that's true, this is kind of nationalism well, and this is
1:08:00
what I'm working for. As I said, this is just more
1:08:05
scary story. Most the channels been
1:08:08
recovered, all of them except this one from Crimea.
1:08:13
And yesterday we started the game.
1:08:15
Well, Google is really censored. Your channel was deleted because
1:08:24
the topics you're talking about, because the words we are using.
1:08:30
And well, again, I was very glad to help you and I want you to
1:08:37
make your show more popular for more people.
1:08:41
Now about the resources we have. Yeah, and, and, and I'll forever
1:08:48
be grateful, Christine, for your help.
1:08:49
And I just wanted to highlight you guys, right?
1:08:53
You guys could find Christine and Graham on Oster.
1:08:58
We should put their end pubs in the podcast description, Opti.
1:09:03
And you guys could find Christine search for the YouTube
1:09:07
channel YouTube Manager Pro. And also, let's put Christine's
1:09:12
Telegram handle up on screen as well, Opti.
1:09:16
So if you guys are having trouble with YouTube or Google
1:09:20
ads and you guys have been banned and de platformed, you
1:09:25
guys could hit up Christine and she's a professional at those
1:09:29
things. So her her telegrams on screen
1:09:32
right now. Christine pro, you can
1:09:35
messenger. And I also want to thank Graham
1:09:37
for introducing us. Graham, we really, we, we highly
1:09:41
appreciate it. And thank you guys so much for
1:09:44
joining us on Simply Bitcoin and keep up the good fight.
1:09:48
We really appreciate it. Yep, thank you.
1:09:53
Wait, wait, Nico, let's do a last two sets.
1:09:55
Let's let's do last statement to the audience from Christine and
1:09:58
then we'll get one from Graham. She's confused.
1:10:05
There's just the last message you want to give to the
1:10:07
audience. Oh, I wasn't prepared.
1:10:14
I don't understand the immediately.
1:10:16
Sometimes I need time. It's all right.
1:10:18
We weren't using Bitcoin lingo. It's all right.
1:10:20
So what's the final message? What's the last message you want
1:10:22
to leave with the audience? I think stay in touch nothing
1:10:28
going to happen if I just easy don't say my husband.
1:10:31
I would like to help this guy and.
1:10:34
I'm getting sick and tired of these banksters, you know, you
1:10:38
know, I'm, I, I hit, I ramped up Bitcoin over the past year and a
1:10:44
half or so, almost two years. I I've been hitting it heavy so
1:10:49
and it has helped Christine and I out tremendously.
1:10:54
Awesome. Well thank you guys so much for
1:10:55
joining us guys. Hit up Christine Pro on Telegram
1:10:59
if you need your services, check out her YouTube channel, YouTube
1:11:02
Manager Pro and give Graham and Christine a follow on nosters.
1:11:07
Well, guys, I hope you guys enjoyed Simply Bitcoin live for
1:11:11
October 4th, 2024. We made it another week Opti
1:11:14
look at that and we will be back tomorrow.
1:11:18
Sorry, we'll be back next week. Ruston will be dropping some
1:11:22
some simply Bitcoin originals. We'll be dropping some clips
1:11:25
over the weekend as well. So you guys will continue to get
1:11:28
your dose of Bitcoin content. And on Monday I'll be I'll be
1:11:33
hosting Opti will be traveling and on Tuesday Opti will be
1:11:39
hosting. I will be traveling and for the
1:11:42
rest of October, I will be live streaming from you guys from
1:11:45
Paris, Amsterdam and Lugano. So it should be quite
1:11:49
interesting getting those setups and everything going.
1:11:52
But anyways, guys, we're going to do this without you.
1:11:55
Love you all. Thank you guys so much for
1:11:57
tuning in. If you guys enjoyed the show,
1:11:59
smash that like button, consider subscribing if you feel like we
1:12:01
provided you value. And again, guys, simply Bitcoin
1:12:05
is we pay the bills because our sponsors support us.
1:12:08
So if you guys want to, if you guys want to support us, check
1:12:12
out our sponsors. We are very picky on who we
1:12:15
choose to partner with. All of our Bitcoin companies
1:12:18
that sponsor us are companies that are going to enable you to
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become a sovereign individual. So check them out in the video
1:12:27
description. Anyways guys love you all have a
1:12:29
great weekend. Go outside, touch grass, get
1:12:32
some sun, eat some steak, enjoy your family.
1:12:35
I'm Nico, your host. This is my legendary Co host,
1:12:37
Optimus Fields and our guests for today, Christine and Graham.
1:12:41
We're simply Bitcoin. We'll be back on Monday.
1:12:43
Peace out everybody. Brought to you by
1:12:46
bitcoinwell.com, a Bitcoin only platform on a mission to enable
1:12:50
financial independence. Yeah, you can chat with them.
1:13:07
I want to cook some food. I'm OK.