Latest / Simply Bitcoin / Larry Fink Says "Bitcoin Protects You"!! | EP 903

Transcript

Larry Fink Says "Bitcoin Protects You"!! | EP 903 · Simply Bitcoin

• 0:03
  It's all going to zero against Bitcoin.
• 0:07
  It's. Going on forever.
• 0:16
  You're against Bitcoin. You're against freedom.
• 0:21
  Yo, good morning, good morning, good morning, good morning.
• 0:24
  How is everyone doing today? It is Friday, January 12th.
• 0:28
  We're back for another episode and of course we've been
• 0:31
  covering this for a while now. The ETF news finally dropped.
• 0:35
  Everyone's tired of talking macro, macro, Macro, I get it, I
• 0:39
  get it. But I think something that is
• 0:42
  very interesting coming out of this ETF news is just all the
• 0:45
  conversations that have been started outside of the spot.
• 0:49
  Bitcoin ETFs, as you guys know, it had a, you know, maybe a
• 0:53
  lackluster start with the price and considering the price.
• 0:57
  But from what I saw, I think it was about four plus billion
• 1:01
  dollars flowing into spot Bitcoin ETFs, which I think
• 1:05
  might be historically one of the best ETF launches in history.
• 1:10
  Anyways, that's not what we're here to talk about.
• 1:12
  Again, like I said, some interesting conversations have
• 1:14
  started outside of the spot Bitcoin ETF.
• 1:17
  And of course, first, as you guys can tell from the headline,
• 1:19
  Larry Fink this morning came out completely changing his tune in
• 1:23
  regards to Bitcoin and saying that Bitcoin is an asset class
• 1:28
  that protects you. Well Larry, what does it protect
• 1:31
  you from? He's also kind of linking it to
• 1:33
  gold and saying that, like gold, Bitcoin is an asset that
• 1:37
  protects your savings. It's something that you want.
• 1:41
  And we'll be talking about this, you know, is he just talking his
• 1:43
  bag? It's just very interesting to
• 1:45
  see Wall Street change their tune.
• 1:47
  As we say all the time on the show, Bitcoin changes you.
• 1:51
  You don't change Bitcoin. Well, I know you guys are going
• 1:53
  to speculate in the chat and and say what we've been trolling,
• 1:57
  saying that maybe Bitcoin changes BlackRock and BlackRock
• 2:01
  doesn't change Bitcoin. So still early in the game, but
• 2:05
  you guys already know and and maybe this is scaring you guys.
• 2:07
  Maybe you're like Dang Larry Fiks embracing Bitcoin.
• 2:10
  Maybe. Maybe Bitcoin isn't what I think
• 2:13
  it is. Nah, we know.
• 2:14
  We know the real deal here. And then secondly, we didn't
• 2:17
  cover it the other day considering the spot Bitcoin ETF
• 2:21
  was all the rage, but there was a Bitcoin spaces that Elon Musk
• 2:26
  joined and he got absolutely badgered by bitcoiners and we
• 2:30
  know that he's working at X to make it the WeChat of the West.
• 2:35
  He's supposedly going to drop peer-to-peer payments and you
• 2:41
  just wonder what exactly is he thinking?
• 2:44
  Will this be using Bitcoin again?
• 2:47
  He kind of he he he kind of got annoyed by bit corners which
• 2:51
  which I really don't blame him but you know I don't think Elon
• 2:55
  Musk is as dumb as you guys like to paint him.
• 2:59
  He is the richest man in the world.
• 3:01
  He does shoot rockets into space and I just think he's got a lot
• 3:05
  of moving parts going. And and you know, we know Tesla
• 3:08
  holds Bitcoin, I'm sure must still hold some Bitcoin.
• 3:12
  And again, the reason we're talking about this, I believe is
• 3:16
  because it's the conversations that are starting outside of the
• 3:20
  spot Bitcoin ETF. Yes, it's been all the rage the
• 3:22
  last couple of months. Yes, you know, everyone and
• 3:24
  their mother was talking about the spot Bitcoin ETF.
• 3:27
  We were all excited about it. And some people thought that the
• 3:29
  Bitcoin price was about to go nuclear, but it kind of just
• 3:33
  dumped and went back to prices that we've never seen since the
• 3:37
  morning of the ETF launch. But it just goes to show that
• 3:41
  hey, the adults are here, the suits are here and there is new
• 3:45
  conversations going shouts out to everyone that was telling us
• 3:48
  in the chat that their that their dad and mom now are like
• 3:52
  oh maybe I want some Bitcoin exposure.
• 3:53
  So it just goes to show that we are entering a new era and for
• 3:56
  better or worse the spot Bitcoin Paper ETF, if you want to call
• 4:01
  it that, is starting a new conversation.
• 4:04
  More and more people are going to realize that Bitcoin is here
• 4:08
  to stay, That maybe they want some of that Bitcoin in their
• 4:11
  portfolio. Maybe they just start with some
• 4:13
  Bitcoin exposure and then slowly but surely, we will get more
• 4:18
  people on the revolution, which is taking some Bitcoin into
• 4:22
  custody. But we know, we know, we know
• 4:24
  that the boomers out there probably don't want to custody
• 4:27
  their assets, but shout out to the boomers that do anyways.
• 4:30
  Anyways, I'm not alone. Nico had to go to an important
• 4:35
  meeting this morning, so I'm here with Sophie.
• 4:39
  What is that? How you doing this morning?
• 4:43
  I am doing well. The real estate in my body is
• 4:47
  currently diminishing faster than Bitcoin itself.
• 4:52
  I can't breathe. I can't eat.
• 4:54
  I swear to God, I breathe. And that is like eating.
• 4:56
  So we're doing well. We're doing very well.
• 5:01
  Niko's got you slaving, is it? There's got to be something
• 5:04
  against making your pregnant wife work.
• 5:06
  No, I mean thankfully, thankfully it doesn't take much
• 5:11
  physical labor to think and speak, so I will do it anytime.
• 5:15
  Plus, I love being here on simply Bitcoin and I love being
• 5:19
  your Co host softy. Let's get it.
• 5:21
  Let's do it. Sofa, sometimes we do need some
• 5:24
  feminine energy on simply Bitcoin and you are the queen of
• 5:29
  simply Bitcoin. All right guys, let's get into
• 5:31
  the show and and and guys, I do have a meme review.
• 5:34
  We do have a meme review guys. So we're back.
• 5:37
  It is Friday, there will be a meme review and then culture.
• 5:40
  I saw Roman in the chat yesterday say that maybe Opti
• 5:45
  can cover wallets. So I'll cover the wallets again
• 5:48
  and and I'll do over, you know, a a high level view of what you
• 5:52
  should be doing with you are still have some Bitcoin on
• 5:56
  exchanges, you know some some quick quick little tips on that.
• 6:00
  You know, I'm going to constantly be doing this over
• 6:02
  and over and over as more and more people come into Bitcoin
• 6:04
  and come on to simply Bitcoin again.
• 6:06
  Not everyone knows what you guys know and This is why we have the
• 6:10
  asymmetry and we the understanding of what Bitcoin
• 6:13
  is. And it's our duties to try to
• 6:15
  get as many people on the Bitcoin standard as possible
• 6:19
  safely and securely, because we don't want people getting
• 6:22
  wrecked and turned away and scared.
• 6:24
  Anyways, let's get into the show.
• 6:27
  The Bitcoin numbers. Is your Bitcoin in cold storage
• 6:31
  really secure? Is your seed phrase really
• 6:34
  secure? Stamp seeds?
• 6:35
  Do it yourself. Kit has everything you need to
• 6:38
  hammer your seed words into commercial grade titanium plates
• 6:43
  instead of just writing them on paper.
• 6:45
  Don't store your generational wealth on paper.
• 6:48
  Papers prone to water damage, fire damage.
• 6:51
  You want to put your generational wealth on one of
• 6:53
  the strongest metals on planet earth, Titanium.
• 6:56
  Your words are actually stamped into this metal plate with this
• 7:00
  hammer and these letter stamps. And once your words are in, they
• 7:03
  aren't going anywhere. No risk of the plate breaking
• 7:06
  apart and pieces falling everywhere.
• 7:09
  Titanium stamp seeds will survive nearly triple the heat
• 7:12
  produced by a house fire. They're also crush proof,
• 7:14
  waterproof, non corrosive, and time proof.
• 7:17
  All things that paper is not allowing you to huddle your
• 7:20
  Bitcoin with Peace of Mind for the long haul.
• 7:23
  Stamp your seed on stamp seed. Let's go, let's go.
• 7:27
  Obviously guys, scan the QR code.
• 7:29
  Make sure you get yourself a titanium stamp seed.
• 7:34
  Don't keep your seed phrase on a piece of paper in your sock
• 7:38
  drawer like everyone else. OK guys, let's get in the
• 7:41
  numbers here. Of course my numbers are
• 7:42
  different than Nico's, but I always start with my favorite
• 7:45
  number, which is the block height TikTok.
• 7:47
  Next block, Bitcoin simply works.
• 7:50
  It's working as designed and we get a new block roughly every 10
• 7:54
  minutes. So we are at block height of
• 7:55
  825,491. The current Bitcoin price is wow
• 8:00
  oh man. OK, current Bitcoin price is
• 8:04
  43,300 and 35300 $50. You see, it's kind of chugging
• 8:08
  along. We hit what, 49 yesterday?
• 8:11
  Wow. OK, nice little correction.
• 8:13
  Wall Street and the boomers getting wrecked.
• 8:15
  Welcome to Bitcoin. This is awesome.
• 8:18
  OK, the stats per dollar, AKA how much your Bitcoin is worth
• 8:21
  in filthy Fiat dollars, AKA how much Bitcoin you can buy for a
• 8:24
  single dollar. It's currently at 2308 stats per
• 8:28
  dollar or 230 bits for the bit Max.
• 8:30
  He's in the back. And of course, the total
• 8:33
  percentage of Bitcoin that will ever be issued is currently at
• 8:36
  93 point three 1%. The market cap of Bitcoin and
• 8:40
  Fiat terms is $849.3 billion. We are inching closer to that
• 8:46
  trillion dollar market cap. The realized monetary inflation
• 8:49
  taking Fiat currency to school is currently at 1.75.
• 8:53
  I forget guys, correct me in the chat, but when?
• 8:56
  Where? Where were we when we first
• 8:57
  started that I I? It seems like it's slowly but
• 9:01
  surely changing on us and and I don't even notice it because it
• 9:05
  it happened so slowly. Anyways.
• 9:07
  The Bitcoin versus gold market cap is currently at 6.25%.
• 9:11
  We're not even at 10% of gold market cap.
• 9:13
  So much space to run in the hard money arena and we have just
• 9:19
  begun this game. Anyways, the total lightning
• 9:22
  capacity total public lightning capacity is currently at 4794.72
• 9:27
  Bitcoin. The hash rate, The last 90 days
• 9:30
  it's been going crazy. Lot of different estimations.
• 9:33
  Right now at least. Clock Rudy's dashboard is 487.3
• 9:37
  extra hashes. The pending fees it's getting,
• 9:40
  you know it, it's getting a little a little normalized
• 9:42
  there. We're at 24.31 BTC and the
• 9:45
  blocks to having 14,509 blocks to the halving and the estimate
• 9:52
  roughly. As of today, we're not hitting
• 9:54
  the meme number. It is currently April 19th,
• 9:56
  2024. So hopefully we get the memes.
• 9:59
  You know, life is memes. Memes is life.
• 10:01
  Anyways, this dropped this morning and again, the reason we
• 10:05
  are talking about this I I hate before this chat starts trolling
• 10:09
  itself, I know they're all going to say, oh look, Opti is opti's
• 10:13
  praising Larry Fink now that he's talking about Bitcoin.
• 10:17
  That's not the case here. Yes, of course it is our duty to
• 10:20
  cover the zeitgeist and see what everyone is talking about
• 10:23
  Bitcoin. And anytime that Bitcoin gets
• 10:26
  talked about in the corporate press, of course we're going to
• 10:29
  cover it. Because for better or worse, the
• 10:32
  average person out there still has a sense of authority fallacy
• 10:37
  there. There's some legitimacy to the
• 10:39
  name of Larry Fink. Apparently there's legitimacy to
• 10:41
  wearing a suit on television or on streams.
• 10:45
  And it just seems to carry more weight than all of us and ONS
• 10:49
  and us crazy bitcoiners out here that talk about Bitcoin
• 10:52
  constantly. But this morning Larry Fink on
• 10:56
  CNBC said what we've all been saying for a while and it really
• 11:00
  makes you wonder what made him change his tune.
• 11:04
  As you guys know, as I said in the beginning, I really do just
• 11:07
  think it's him talking his bags. But remember the billionaire
• 11:12
  playbook, Remember the Cantalon playbook in regards to Bitcoin?
• 11:16
  It happened every single time and this is just another example
• 11:19
  of it. You talk smack about Bitcoin,
• 11:22
  you FUD Bitcoin. You try to stack Sats on the
• 11:25
  cheap and then once your bags are packed, you start to embrace
• 11:29
  Bitcoin. Well, it looks like Larry Fink
• 11:31
  is following the same play. But guys, so let's play this
• 11:34
  video and then we'll bring the receipts and then just show in
• 11:38
  real time that Larry, good old Larry Fink playing the
• 11:43
  billionaire playbook, a fighting Bitcoin, stacking Bitcoin and
• 11:46
  then saying, yeah, we're we love Bitcoin.
• 11:48
  Bitcoin's so great. All right.
• 11:50
  Anyways, here's Bitcoin Magazine, he goes.
• 11:51
  Justin BlackRock, CEO, says Bitcoin is no different than
• 11:55
  what gold represented for thousands of years.
• 11:57
  It is an asset class that protects you.
• 11:59
  So let's get this clip. I believe, you know, I believe
• 12:04
  it goes up as if the world is more frightened.
• 12:07
  If people have fearful of geopolitical risks, they're
• 12:10
  fearful of their own risk. It's no different than what gold
• 12:14
  represented over thousands of years.
• 12:16
  It is a it is a it is a asset class that that protects you.
• 12:22
  And and unlike gold, where we manufacture new gold, we're
• 12:25
  almost at the ceiling of the most of the amount of Bitcoin
• 12:28
  that we. Created somebody like, I mean
• 12:30
  when you hear somebody like Kathy Wood, yes it was on our
• 12:32
  broadcast yesterday say that her base case base case is that this
• 12:36
  turns into a $600,000 of Bitcoin valuation base case and a a you
• 12:43
  know million plus in a in a super optimistic case.
• 12:47
  Are you anywhere in her realm? I haven't thought about it.
• 12:51
  To me that what we are trying to do is offer an instrument that
• 12:56
  can, that can store well. I think if it gets that even
• 13:00
  close to that high, gold will represent even a bigger value
• 13:04
  and. And and and let's be clear, if
• 13:05
  you think it's digital gold, there's going to be a reference
• 13:08
  point between gold and Bitcoin. OK, All right.
• 13:13
  Before we we, before we respond and react to that video shouts
• 13:17
  out the Gabor Gabor on Twitter and he put it really, really,
• 13:22
  really well. This was actually last year, but
• 13:26
  we saw that Larry has been changing his tune.
• 13:29
  And you know, 2017, Larry, Bitcoin is an index of money
• 13:32
  laundering. So you can see here on CNBC as
• 13:35
  well, BlackRock CEO Larry Fink called Bitcoin an index of money
• 13:38
  laundering. We know that they always call US
• 13:40
  money launderers and criminals and shadowy super cutters and
• 13:44
  illiterate financial bitcoins, whatever they're calling us.
• 13:47
  And then now, you know Larry Fink saying Bitcoin could
• 13:51
  revolutionize finance. And as we see right now on this
• 13:53
  clip, what else did he say? He said, you know, Bitcoin
• 13:57
  protects you and all that good stuff.
• 13:59
  So what is going on here? In my opinion, guys, you already
• 14:03
  know me and what I usually say. He's just talking his bags of
• 14:07
  course, but there was some signal there guys.
• 14:10
  And first and foremost you know I love that they brought up
• 14:12
  Kathy Woods predictions of $600,000 Bitcoin being the
• 14:16
  minimum and it's like let's let's pump corporate press with
• 14:19
  more and more opium and and ridiculous Bitcoin prices.
• 14:23
  I, I, I, Sophia, I can't wait till we get people on on
• 14:27
  corporate press, CNBC and all the works.
• 14:30
  Just getting super bullet hearted is going to be the
• 14:32
  funniest thing ever. We're going to have so many good
• 14:34
  clips anyways. I'm even more excited for, you
• 14:38
  know what? Those people follow their Some
• 14:43
  people are saying it in the chat.
• 14:44
  Those people are just calling out their bags.
• 14:46
  Like they just want their bags to grow and they're gonna say
• 14:49
  whatever it takes. And you know what?
• 14:50
  If Bitcoin can rehabilitate an individual like Larry Fink,
• 14:55
  let's go. Bitcoin changes even the worst
• 14:58
  of us. Even the most degenerate people
• 15:01
  in this world look at that. But the people that I'm most
• 15:04
  excited to rehabilitate are those in government.
• 15:08
  The one that I want to see change her mind is Elizabeth
• 15:12
  Warren. I cannot wait.
• 15:14
  I cannot wait for the day that that woman admits that she was
• 15:19
  wrong and that she was calling out Bitcoiners as corrupt.
• 15:25
  I I just can't wait. Like, that's going to be my
• 15:27
  moment of redemption. Because this is easy.
• 15:30
  This is easy. This is just people, greedy
• 15:32
  people, following their own incentives, which is the beauty
• 15:35
  of Bitcoin. It's the beauty of Bitcoin is
• 15:37
  that you don't have to, like, necessarily be like the best
• 15:41
  moral person in the world. Like you just literally have to
• 15:44
  buy Bitcoin, keep it in cold storage and wait.
• 15:48
  And everyone is going to get what they want, even the greedy
• 15:51
  people. But the ones that I really want
• 15:53
  to see change their mind are the evil moronic people in our
• 15:58
  government who are trying to take it away from us so that
• 16:01
  they can keep power. Yeah, yeah, one 100%.
• 16:05
  So, and I just kind of want to touch on a few things.
• 16:07
  And while you were talking, it really reminded me of the sailor
• 16:11
  tweet back in the day where you said basically like, you know,
• 16:13
  Bitcoin isn't going to work. I think it was like 2013 or
• 16:17
  something. And then now he's like the
• 16:18
  biggest bull in the world. And it just goes to show that
• 16:22
  Bitcoin's incentives are aligned.
• 16:24
  And then I see people saying, like, oh, Wall Street's captured
• 16:26
  Bitcoin. I I don't think that's the case.
• 16:28
  They can't. They can't capture Bitcoin.
• 16:30
  That's not true. If you're really a bitcoiner,
• 16:32
  and if you believe that Wall Street or any institution in the
• 16:36
  world can capture Bitcoin, then you don't really understand
• 16:39
  Bitcoin. Wait, let's go.
• 16:44
  All right, all right. I want to touch on a few things
• 16:45
  though that that he that Larry Fink himself said in that in
• 16:48
  that clip. First off, in response to the
• 16:51
  Kathy Wood prediction, he he's he professionally said he hasn't
• 16:55
  thought about Bitcoin going up and someone in the chat said
• 16:58
  maybe that's too bearish, maybe he's thinking $1,000,000
• 17:01
  Bitcoin. Anyways, I say all that to say
• 17:03
  he's definitely thought about number go up and where the
• 17:05
  future is for Bitcoin and where it's going.
• 17:07
  Obviously publicly he's probably not going to give you price
• 17:10
  predictions yet. We'll see if we ever get them
• 17:12
  from from the Larry Finks of the world whether they get bullet
• 17:15
  hearted on on professional media.
• 17:18
  The next thing is if you guys listen closely to what he was
• 17:21
  saying and someone said it in the chat and we've been saying
• 17:24
  this for a while. It's not so much that Larry Fink
• 17:27
  quote, UN quote is a believer in Bitcoin.
• 17:29
  In my opinion, he's a Fiat maxi. But the signal there is that
• 17:33
  they're offering an instrument to their clientele.
• 17:36
  So obviously you can tell that the the customers of BlackRock
• 17:40
  and the people, the institutional retail investors
• 17:44
  out there have been asking, have been badgering him about getting
• 17:48
  exposure to Bitcoin. This is, this is the new
• 17:51
  financial asset of the world and they've been asking for this.
• 17:54
  So they're just offering a product that they know has a
• 17:57
  market fit, which is good, This is good for everyone.
• 18:01
  This just goes to show that everything we've been doing
• 18:03
  here, not just on simply Bitcoin, but you guys out there
• 18:06
  talking with your friends and family, badgering all the
• 18:08
  institution, all the Bitcoiners that go on corporate press and
• 18:12
  talk about Bitcoin. You know, the Michael Saylor's
• 18:14
  the naive boot Kellers of the world.
• 18:16
  Like it does make an impact because people are talking about
• 18:19
  Bitcoin. People want exposure to Bitcoin.
• 18:22
  And if you have a lot of capital locked up on institutions and
• 18:25
  then Wall Street, you haven't been able to get exposure to
• 18:28
  Bitcoin until yesterday. Now that that hurdle is unlocked
• 18:33
  and slowly but surely we will see more and more people going
• 18:36
  into custody. Maybe not the, you know, the
• 18:38
  Larry Finks of the world. They'll use the the custodial
• 18:41
  solutions that are offered because again, they did.
• 18:44
  That is institutional money. They don't, they don't want to,
• 18:46
  they don't want to take the keys themselves.
• 18:49
  It is what it is. We know that this is going to
• 18:50
  happen next. I really like the fact that he
• 18:55
  is talking about Bitcoin as a way to store wealth.
• 18:58
  This is something we've been talking about for a long time,
• 19:01
  he says. You know, in that clip, it is a
• 19:03
  short clip. He says Bitcoin protects you
• 19:05
  essentially like gold does. It stores your wealth through
• 19:08
  time and space. And of course, he's kind of
• 19:11
  starting with like the the meme of Bitcoin is digital gold.
• 19:14
  But it just goes to show that people are starting to
• 19:18
  understand that Bitcoin is the best way to store your wealth
• 19:22
  moving forward. And personally, you guys know my
• 19:24
  view. I think Bitcoin is better than
• 19:25
  gold. I love gold.
• 19:26
  You know, it's in my roots. It's in my DNA to love gold.
• 19:29
  And you know, one day when gold gets demonetized, I will be as
• 19:33
  gaudy as my grandmother was and I'll have it everywhere.
• 19:38
  You know, gold plated everything thing.
• 19:40
  But liking gold is like liking art at this point.
• 19:43
  Like you can resell it for a certain value, but it's gonna be
• 19:47
  a pain in the butt to move and you really only buy it because
• 19:51
  you think it looks pretty. Yeah, 100% and and that's the,
• 19:54
  that's the part that I wanted to jump on, is that Bitcoin is
• 19:58
  better than gold for a digital world.
• 20:00
  Like yes, gold has 1000 year track record.
• 20:03
  Yes, you know, central banks are still gonna be holding gold for
• 20:06
  the time being. And you know, like maybe if you
• 20:11
  are like you know of of my of MyHeritage Latino or like
• 20:16
  Indians, I know they their culture is very huge on gold.
• 20:19
  And storing gold. Like there will be a cultural
• 20:22
  shift from storing gold or quote UN quote hoarding gold to
• 20:27
  realizing that Bitcoin may in fact be a better way to store
• 20:30
  your wealth. And we're starting to see that
• 20:32
  this signal is spreading. And the last thing is basically,
• 20:36
  we we know Bitcoin is the superior way to store your
• 20:40
  wealth. It's the superior way to
• 20:42
  transact peer-to-peer on the Internet.
• 20:44
  It will be the world reserve currency unit of count for the
• 20:48
  world. And I just love to see that the
• 20:51
  meme of you don't change Bitcoin, Bitcoin changes you.
• 20:54
  Bitcoin's incentive structures are aligned.
• 20:57
  Where look, Wall Street's coming into Bitcoin.
• 20:59
  Yes, they're going to try to regulate Bitcoin.
• 21:01
  Yes, they're trying to neuter Bitcoin with paper Bitcoin.
• 21:03
  But remember the statistics guys, Most of the Bitcoin is
• 21:07
  being stored in cold storage and now you slowly start to see the
• 21:11
  Titanic shifting. The narrative is changing.
• 21:14
  And now that we have an ETF there, the next couple of weeks,
• 21:18
  I think we're going to see the black rocks, the the Vanex of
• 21:21
  the world. They're going to just unleash a
• 21:24
  marketing wave to the institutional retail investors
• 21:28
  out there, the normie investors. And they're going to do some
• 21:32
  great marketing. And I, I I'm here for it.
• 21:34
  This is going to be great. And here on Simply Bitcoin we
• 21:36
  can just, you know, devour and destroy their marketing and be
• 21:39
  like, Nah man, take your Bitcoin into custody.
• 21:42
  This is the way. But we totally understand that.
• 21:45
  Like institutions, corporations out there, nation states, of
• 21:48
  course they're they're not going to just have one guy holding the
• 21:51
  keys like that. That is, it doesn't make sense
• 21:53
  on that level. But on the individual level,
• 21:55
  guys, take Bitcoin into custody, protect yourself.
• 21:58
  You don't need a trusted third party to interact and transact
• 22:03
  and store your Bitcoin. This is a feature, not a bug.
• 22:06
  Anyways, I've been ranting self. Any more thoughts?
• 22:10
  Well, we've Speaking of the marketing, we've already seen
• 22:12
  the Christopher Nolan esque type of commercials that they've been
• 22:17
  coming out with about Bitcoin. And you know what, I think it's
• 22:22
  great. I think that the fact that Larry
• 22:26
  Fink is saying all of this stuff, that he's not talking
• 22:29
  necessarily about price, but he's talking about Bitcoin as a
• 22:32
  storage of wealth kind of makes him sound like a real bitcoiner.
• 22:37
  And to be honest with you guys, everybody, everybody has been
• 22:41
  there. Everybody has been where Larry
• 22:43
  Fink and Sailor circa 2013 has been.
• 22:48
  There are a lot of people who have been non believers, myself
• 22:51
  included. I don't like for people who
• 22:53
  don't know my story, my orange Pilling story, Nico, it took him
• 22:57
  two years to orange pill me. It takes a really long time.
• 23:01
  Not a lot of people understand Bitcoin.
• 23:04
  Not a lot of people want to understand Bitcoin.
• 23:06
  And yeah, you know what? Sometimes once they do let
• 23:09
  people like Elizabeth Warren who know exactly the implications of
• 23:13
  Bitcoin and exactly how it works, they will still try to
• 23:16
  take it away from you and not make it be a thing anyway.
• 23:20
  So the fact that Larry Fink has taken a stand on television and
• 23:25
  through his actions of, you know, offering it is at at least
• 23:29
  as an ETF so that traditional investors could have some
• 23:32
  exposure to Bitcoin. I think it's a positive thing
• 23:36
  whether we think that he is the devil, which you know, he
• 23:39
  probably is in a lot of ways buying up all this real estate
• 23:43
  and and you know, capturing that market is not really something
• 23:47
  that I'm behind. But let's just focus on the
• 23:50
  Bitcoin part. It's it's a positive that
• 23:53
  somebody like him who has a trillion dollar company is
• 24:00
  telling his investors to buy Bitcoin.
• 24:03
  And the cool part is, you know, at some point a lot of these
• 24:07
  people are just starting their Bitcoin journey and eventually
• 24:12
  they're going to get to the part where we're at of self custody
• 24:16
  and falling down that rabbit hole.
• 24:18
  So it's just a matter of time. You can't.
• 24:20
  You can't lose faith in people that quickly.
• 24:23
  Love it. Well, hey Sophie, you kind of
• 24:25
  brought it up. At least it's incentive
• 24:27
  structure. But what's your thoughts to the
• 24:29
  people out there that like, oh, Larry Fink is evil and now that
• 24:33
  he's embracing Bitcoin, it would turn them away?
• 24:37
  He is evil, I think, to be honest with you, like I I don't.
• 24:42
  I don't think the man is a good man.
• 24:44
  But that doesn't take away from the fact that what he's saying
• 24:48
  is a good thing. You know, as a musician, I see,
• 24:52
  for example, a lot of musicians who have done really, really bad
• 24:55
  things, like really shady things.
• 24:58
  But what I always say as a response is separate the art
• 25:02
  from the artist, separate what it is that they are saying from
• 25:08
  what they're like, from what who they actually are.
• 25:13
  And personally, like, I I don't know.
• 25:14
  I like to be objective about things.
• 25:17
  In that way, I won't make a decision based on who somebody
• 25:21
  is or like what their character flaws are.
• 25:24
  Hey, everybody is human at the end of the day.
• 25:27
  And I'm not here to judge because that's not really my
• 25:29
  problem. That's gonna be your problem
• 25:31
  with the creator when you go and die.
• 25:33
  But I like, listen again, if you're talking about Bitcoin, if
• 25:38
  you're telling me that it's the greatest store of wealth, that's
• 25:41
  something that I agree with anyway.
• 25:43
  You know, at at one point in World War 2, we were allies with
• 25:47
  the Russians. And then as soon as that was
• 25:49
  over, we were at war with them for many, many years.
• 25:51
  To this day, guys, so sometimes the enemy of my enemy is my
• 25:56
  friend and you can be enemies again.
• 25:58
  But at this, in this particular point, I agree with Larry Fink
• 26:03
  and I don't care who he is. If you're with Bitcoin, I'm with
• 26:06
  you. Yeah.
• 26:10
  I mean, I like everyone's saying in the chat and I and I truly
• 26:12
  believe this, you know, Bitcoin is for anyone, for people you
• 26:15
  like and people you dislike. And really this is just the next
• 26:19
  evolution of Bitcoin where it's like look if the Larry thinks of
• 26:23
  the world can neuter and capture Bitcoin then what are we really
• 26:26
  doing here? Like we need to have this real
• 26:28
  time test. You know at first we were we
• 26:31
  were not at first, but for a long history of Bitcoin's
• 26:36
  history, we were afraid of nation states.
• 26:37
  Then China tried to ban Bitcoin minor actually China banned it
• 26:40
  like I don't know 100 and something times or something
• 26:43
  like that. And we finally put that test
• 26:45
  behind us like yeah nation state cannot stop Bitcoin.
• 26:48
  And then we, you know we had the fork wars and we were wondering
• 26:52
  whether Bitcoin is this or Bitcoin is that or who actually
• 26:55
  controls Bitcoin. And we got that behind us.
• 26:58
  And now we're at the point in the game where it's like, can
• 27:01
  Bitcoin withstand the incentives of Wall Street?
• 27:05
  And I would say yes. And this is because everyone out
• 27:07
  there runs a node for themselves.
• 27:09
  They verify Bitcoin for themselves, and they are taking
• 27:11
  Bitcoin out of trusted third parties.
• 27:14
  And this is how you protect yourselves first and foremost,
• 27:17
  but also ensure that the Bitcoin network is what we say it is and
• 27:21
  it is going to withstand all the incentives that will be forced
• 27:26
  and thrusted on Bitcoin. So don't let Larry Fink scare
• 27:30
  you away from it. Like at the at a very
• 27:33
  superficial level, he knows how to make money.
• 27:35
  So I think we align on that portion.
• 27:38
  OK, guys, let's get into today's news story.
• 27:41
  We got a lot to talk about. The Daily News.
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  Shouts out to the foundation team.
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  Absolute absolute chads. Anyways, anyways, let's get into
• 29:16
  today's news story. So I prefaced this in the
• 29:18
  beginning. A lot of the conversations that
• 29:21
  have come out since the spot Bitcoin ETF.
• 29:24
  We saw Larry Fink talk about it. We're seeing it even talk talk
• 29:28
  about even more on corporate press.
• 29:30
  Well, a very interesting space happened and I actually missed
• 29:33
  it, which which I I I I feel I'm feeling the FOMO on the fact
• 29:37
  that I wasn't in this space and it was Elon Musk and I
• 29:40
  apparently you'll hear in the clip, excuse me, you're hearing
• 29:43
  the clip that Kathy Wood asked Elon Musk to join a Bitcoin
• 29:47
  space after the Spot Bitcoin ETF.
• 29:49
  And we know here we've been covering this for all year, ever
• 29:53
  since it came out, since Elon Musk has rebranded to X.
• 29:57
  The goal for him is to create the Quote UN Quote Everything
• 30:00
  app, or rather the WeChat of the West.
• 30:03
  And we've been hearing grumblings and we've been
• 30:06
  wondering exactly where he's trying to take this.
• 30:08
  Will he add Bitcoin to it? If you guys been on Twitter for
• 30:11
  a while, you know that you can do kind of a workaround and you
• 30:15
  can tip people with Bitcoin. But imagine if Twitter just like
• 30:19
  took the Noster capabilities and you're able to ZAP people like
• 30:23
  it. It would really, really
• 30:24
  disintermediate all the payment apps.
• 30:27
  It it, you know, if you're someone on the other side of the
• 30:31
  world and you're doing good content like you can get paid
• 30:34
  directly through Twitter. It would be such a beautiful,
• 30:36
  beautiful, I think at this point pipe dream.
• 30:39
  But this space? That happened.
• 30:43
  And again, guys, I missed it. But I saw some of the Twitter
• 30:45
  responses to this. Apparently Elon Musk jumped into
• 30:48
  space and he got just absolutely badgered by bitcoiners.
• 30:52
  And let's just play this clip. Yeah, yeah, apparently he did.
• 30:57
  Apparently. I mean, that's how he feels.
• 30:59
  That's how he feels. Well, that's also what
• 31:02
  bitcoiners said, but let let's let's listen to it ourselves and
• 31:06
  and see what exactly you think happened.
• 31:08
  All right, So starting off, it's going to be press and pitch
• 31:11
  asking Elon a question. And you can hear Elon.
• 31:16
  He's rather annoyed, but let's let's listen to.
• 31:17
  This stuff if you don't back the monetary units with with work,
• 31:21
  something that that actually takes energy as opposed to key
• 31:25
  strokes. I just don't know how how you
• 31:28
  can build a better system that actually pegs Fiat currency
• 31:33
  around the world without some type of proof of work mechanism.
• 31:36
  No, I I, I I'm not saying you shouldn't have some proof of
• 31:38
  work mechanism. No I'm I'm just saying that and
• 31:44
  and look I don't want to you know I'm I'm just call because
• 31:47
  Kathy asked me to be on this call not because I'm wish to
• 31:50
  argue about Bitcoin and so. I I I still do think that this
• 31:53
  is this is an. Important If we're getting
• 31:55
  Bitcoin annoying Bitcoin arguments, I'll, I'll, I'll sign
• 31:59
  off. Come on if you don't, OK, I love
• 32:04
  the end of it. But look, there's a there's
• 32:06
  another little little clip here. So let's play this Bitcoin.
• 32:10
  Hold on. There's things that I think
• 32:11
  about I think about Bitcoin very little.
• 32:15
  So but I I thought about monetary systems a lot.
• 32:17
  There's things that think about interesting, interesting, and
• 32:21
  and guys. Sold.
• 32:22
  If I sold my Bitcoin and saw the bull run that was about to just
• 32:28
  like Avalanche on the world, I would think very little about
• 32:32
  Bitcoin too. I would try to put it out of my
• 32:34
  mind as much as possible. Yeah, so like, I think you know,
• 32:41
  like before, before we accuse Elon of not understanding
• 32:46
  Bitcoin, I'll give him the benefit of the doubt that he
• 32:48
  possibly does understand Bitcoin and what's going on.
• 32:51
  And his annoyance is it's probably more likely to the fact
• 32:54
  that he, you know, he's got a lot of moving parts, he runs a
• 32:57
  bunch of companies and it's just not a high, high priority.
• 33:01
  You know, it's not the most interesting thing to him, 'cause
• 33:04
  like really guys like Bitcoin, it it's not too difficult to
• 33:07
  understand. It's open source software that
• 33:09
  lets you hold and move value any way you want.
• 33:13
  And it's not like what we always think.
• 33:15
  It's like some occult knowledge, like some secret knowledge that
• 33:17
  only few can understand. Like I I really do want to give
• 33:21
  the benefit of a doubt that he does understand, at least on a
• 33:25
  basic level. He said it himself.
• 33:26
  You know, like I have thought about monetary systems.
• 33:29
  Maybe he hasn't put too much salt into Bitcoin.
• 33:32
  I mean, Tesla holds Bitcoin. He holds some Bitcoin.
• 33:35
  So maybe he hasn't fully dove down like the Bitcoin rabbit
• 33:38
  hole and he understands all the technicalities of it and give it
• 33:42
  give give Preston pitch some credit first and foremost for
• 33:44
  asking some tough questions. But also he came back on Twitter
• 33:48
  later and he goes like be thoughtful and constructive.
• 33:50
  Go try running 7 groundbreaking technology companies and also be
• 33:54
  an expert on something as insanely complex as the
• 33:57
  technical underpinnings of Bitcoin.
• 33:59
  Let's embrace him and not punch him.
• 34:01
  And I think that's a point like, I don't think you need to do
• 34:04
  like a full deep dive to understand Bitcoin on a very
• 34:08
  like surface level. Understands like, yeah, it's a
• 34:10
  it's a permissionless Ledger that you can transact with
• 34:13
  anyone, anywhere, at any time. You don't need permission to do
• 34:17
  it. Like on on that level.
• 34:18
  I think most people can wrap their head around it.
• 34:21
  Wait. A minute, Opti?
• 34:22
  Does that mean that we're smarter than Elon Musk?
• 34:27
  Oh my God. Definitely.
• 34:28
  Not. Writing this on my resume.
• 34:31
  Definitely not me, but Preston definitely hits the nail on the
• 34:35
  head. Like it is insanely complex to
• 34:38
  understand. Like the technical underpinnings
• 34:40
  like to under like a basic understanding of Bitcoin is kind
• 34:44
  of like the iceberg. Like you can understand the top
• 34:46
  but if you want to understand like Austrian economics and
• 34:48
  computer science and and game theory, like there's a lot that
• 34:52
  goes down and I wouldn't say we're even down at the bottom of
• 34:55
  the rabbit hole. But what is Muss really
• 34:57
  interested in? Of course his main goal as of
• 35:01
  now at least publicly stated, is he wants and is doing everything
• 35:04
  he can to go to Mars. And so apparently there was a
• 35:07
  conversation during this. Again, you guys can Fact Check
• 35:10
  me about like Mars and Bitcoin point and all this stuff but
• 35:13
  shouts out to Adam back 'cause he went out on Twitter and he's
• 35:16
  correcting some answers. So anyways, here's Adam back and
• 35:19
  he goes Elon Musk from Ark Invest ETF Twitter space.
• 35:22
  The correct answer is Bitcoin on Mars with 12 to 22 light minutes
• 35:26
  is no problem with 10 minutes blocks.
• 35:28
  Plus think bigger, Kardashev type 2 requires A Dyson sphere
• 35:32
  around the sun and put all the miners there too.
• 35:36
  Problem solved. And some some other good bit
• 35:39
  corners. Not smarter than Adam back
• 35:40
  because what? And I'll try to break this down
• 35:44
  a little bit because there there is some, there is some some
• 35:48
  concepts here that that will have to break down for people.
• 35:51
  Anyways going down a couple more Adam back comments, so huddle
• 35:55
  not response goes. Only thing I can see is that you
• 35:57
  can't mine from Mars or rather it would be very unprofitable at
• 36:00
  best. Elon was confused and probably
• 36:02
  showed his ignorance a fair bit. Adam back responds, yeah if you
• 36:05
  want solar system, planetary mining you would have to
• 36:08
  increase the block time. Some things like that are even
• 36:11
  soft forkable or minor policy roll reward forward for a daily
• 36:16
  reward block by convention. Other block Coinbase pay forward
• 36:20
  to future minor hot or not response daily reward block
• 36:23
  would be a centralizing factor though right?
• 36:25
  And he goes makes luck more lumpy for pools but probably the
• 36:28
  stratum B2 and the not so good reward pooling going on interim
• 36:32
  can cope OK with that. Anyways another good response we
• 36:35
  got Ben key Nakamoto that goes Bitcoin is the bridge to type
• 36:38
  one civilization and then Adam back goes and interplanetary
• 36:42
  Bitcoin the bridge to Kardashev type 2 civilization.
• 36:45
  So it it's some high level stuff.
• 36:47
  So for those that don't know what a Dyson Sphere is, you can
• 36:50
  see here a Dyson sphere is a hypothetical megastructure that
• 36:53
  encompasses a star and captures a large percentage of its solar
• 36:57
  power output. And I really like some of these
• 36:59
  images, they're very futuristic and it it TLDR is trying to
• 37:04
  capture the energy coming from stars.
• 37:06
  We we haven't got there yet but hopefully in the future we can
• 37:11
  do there and there will be an incentive to capture the energy
• 37:15
  from stars and guys. The Cartership 1, Cartership 2
• 37:20
  type societies is being interplanetary.
• 37:23
  Like Adam Bax said. Anyway, Bitstein did a great
• 37:25
  response in here too, and he goes to put a twist on Carl
• 37:29
  Saigon. If you wish to make a Mars
• 37:31
  mission from scratch, you must first make a flourishing human
• 37:34
  civilization. And he goes.
• 37:36
  I have no doubt that must will one day come to fully appreciate
• 37:39
  what a vital and necessary role Bitcoin plays in that grand
• 37:42
  narrative. Private property, and by
• 37:44
  extension sound money, is the operating system that allows a
• 37:47
  civilization to achieve great things and then invites him to
• 37:51
  read stuff. And even mentions the fact that
• 37:53
  Bitcoiners have been talking about this idea of Bitcoin
• 37:56
  astronomy for a while. Shots of the through Bonsell.
• 37:58
  Great, great series that he wrote Anyways.
• 38:02
  Oh, you see it here? Yeah, so you can see that
• 38:05
  Bitcoin has been talking about this conversation for a while
• 38:08
  and there is a few things that Elon Musk will probably have to
• 38:13
  do. And one of them is, well, he'll
• 38:15
  have to humble himself to the understand that maybe there's
• 38:17
  things he doesn't understand about Bitcoin.
• 38:19
  Maybe these problems have already been solved.
• 38:22
  And of course we know that he's angling.
• 38:25
  X has the WeChat of the West and and we know if you know any
• 38:28
  history of Elon Musk and X that he's trying to do basically what
• 38:33
  Bitcoin has already done with X. You know, X was supposed to be
• 38:36
  PayPal and that never worked because you can't have a
• 38:40
  centralized control of the money or else someone will shut you
• 38:43
  down and and that's what Bitcoin is solving anyways, as we saw a
• 38:47
  couple days ago, Musk has said or X has said that they will
• 38:51
  launch peer-to-peer payments this year.
• 38:53
  It's going to be interesting to see what these peer-to-peer
• 38:56
  payments is. Of course we have been advocates
• 38:58
  and we've been saying for a while that the only real way
• 39:02
  that X can launch peer-to-peer payments is of course Bitcoin.
• 39:06
  But hey, who knows, you know, we all know he likes to troll.
• 39:10
  Maybe he's going to unleash doge on us or something.
• 39:12
  Something ridiculous anyways. Elon is on the I can do it
• 39:16
  better than Bitcoin tip. Yeah, he's.
• 39:18
  Having. He's having his little ICO
• 39:21
  moment and it's, it's it's not going to work.
• 39:23
  It's never going to happen. Elon, like, I mean, whatever
• 39:26
  everybody, not everybody. But like people that think they
• 39:29
  can do it better have to go through this painful process to
• 39:33
  realize that there is no second best.
• 39:36
  There is no second best. Anyways, I wanted to add on this
• 39:39
  tweet that Preston dropped yesterday because it's something
• 39:44
  that I say and then truthfully, guys, you know, you know my
• 39:46
  contrarian take as well on this. Like, I on on some level, I I
• 39:50
  really do agree with Musk in the sense of like, I'm not here to,
• 39:54
  I'm not here to have an annoying Bitcoin conversation.
• 39:57
  I say all the time, guys, sometimes as Bitcoiners, we are
• 40:00
  so unbearable when it comes to having these conversations.
• 40:03
  And and I even brought it up with Sophie earlier and she's
• 40:05
  like, it's so hard because we're right because we're right.
• 40:09
  Yes, I totally understand it. And I've been saying this for a
• 40:12
  while on the show, guys. As you know, I I took it for how
• 40:14
  to win friends and influences. Bait the hook for the fish
• 40:17
  you're trying to catch. It's not always about just
• 40:19
  beating people over the head with the facts.
• 40:22
  It's kind of going to the normally you're talking to your
• 40:25
  friends and family and finding ways to connect with them
• 40:29
  emotionally to what we're doing here with Bitcoin.
• 40:32
  For us, it's about liberty. It's about freedom.
• 40:34
  It's about controlling your own destiny.
• 40:36
  But not everyone is as free to minded as we are.
• 40:39
  And that's OK. You know like Larry Fink, maybe
• 40:42
  they're just greedy, maybe they just want that number go up
• 40:45
  technology, but you cannot separate number go up from the
• 40:48
  tech like money. Is the tech here a way to
• 40:52
  transact? That cannot be the base that is
• 40:54
  permissionless, that is censorship resistance.
• 40:58
  Like all these things, you cannot just separate it.
• 41:01
  But I am reminded of that one meme of, like the blind guys
• 41:05
  touching the elephant and they're all having different
• 41:07
  views about what they're touching.
• 41:09
  And that's what it that's what we're going on right now.
• 41:11
  Everyone views Bitcoin in a certain light based on what
• 41:14
  their perceptions are, based on their background and what
• 41:17
  they're the most interested in. So I know, I know I can and
• 41:21
  probably will this year kind of dunk on Musk.
• 41:25
  But also I just think as, as I said in the beginning, he that's
• 41:29
  just not high priority on his interest list.
• 41:31
  Anyways, I want to read this tweet from Preston Pitch because
• 41:33
  it is a sober take. Here Preston goes.
• 41:36
  Educating the world about Bitcoin can be exhausting, but
• 41:39
  it's the only way to make the transition out of clown world
• 41:41
  honorably fulfilling. Lots of people are suffering.
• 41:44
  They're working numerous jobs, AKA they're distracted to serve
• 41:48
  the Fiat machine. And we all need to be patient,
• 41:50
  empathetic and constructive. Some people learn through
• 41:53
  embarrassment, you know, maybe like this.
• 41:55
  But many more are probably turned off by such means,
• 41:58
  especially with their inherent struggles to stay afloat.
• 42:01
  This post is for myself as much as anyone else. 2024 is a very
• 42:06
  important year for growth into a new system.
• 42:08
  Let's lead honorably and before everyone in the chats like hey,
• 42:12
  if you don't get it, bro, I don't got time to convince you.
• 42:15
  I totally get that it's not everyone's job to try to
• 42:17
  communicate what Bitcoin is. If you just want to stack
• 42:20
  Bitcoin, you just want to huddle Bitcoin and go live your life
• 42:23
  and do whatever you want, by all means do what you do.
• 42:26
  This is. I'm not here to tell you what to
• 42:28
  do. I'm just saying if you are so
• 42:32
  inclined to try to orange pill friends and family, you may be
• 42:35
  doing yourself a disservice by being super pushy about it.
• 42:39
  Just, you know, plant the seeds. This is about planting and
• 42:42
  incepting the seeds of freedom, showing people that there is a
• 42:46
  solution, that there is an exit, an exit route.
• 42:49
  And hey, you might want to get some Bitcoin just in case it
• 42:52
  catches on. Because as we can see it is
• 42:54
  catching on. The idea has caught hold and now
• 42:58
  it's only a matter of time. Like the game we're playing here
• 43:00
  guys, is just time. It's a race against time.
• 43:03
  And soon enough, more and more people are going to get exposure
• 43:07
  to Bitcoin. More and more people are going
• 43:08
  to take custody of Bitcoin. And guys, we're right.
• 43:12
  So you know let's what's the the big short like don't dance like
• 43:16
  part of that don't dance thing is like just don't be an
• 43:19
  asshole. Yes.
• 43:20
  No. And for what it's worth, I agree
• 43:22
  with you completely. I don't think that we should be
• 43:25
  mean or use embarrassment or whatever.
• 43:28
  I mean, they're gonna embarrass themselves, but this is such an
• 43:32
  opposite situation to the Larry Fink situation.
• 43:35
  Like who would have thought that the people at BlackRock would
• 43:39
  understand Bitcoin as a store of wealth and something that is
• 43:43
  going? Well, it's incentives, really.
• 43:45
  Right. It's incentives.
• 43:46
  And then, you know, one of the the richest man in the world
• 43:51
  would pretend or feign ignorance about Bitcoin.
• 43:55
  I think he understands it perfectly.
• 43:58
  And there is someone in the comments, Zhang, who is saying
• 44:02
  that he understands it. But you know, he's subsidized by
• 44:06
  the government in a large way. He's subsidized by the SpaceX,
• 44:12
  Tesla, you get like a tax credit if you buy Tesla.
• 44:16
  So it's in his best interest. You know, he remember when he
• 44:20
  was so gung ho for Bitcoin and he was bullish on it and he
• 44:24
  bought all all that Bitcoin through Tesla.
• 44:27
  And then from one day to the next, just like that, he made-up
• 44:31
  some FUD, that Bitcoin. We can no longer invest in
• 44:35
  Bitcoin because it's bad for the environment and like it's not.
• 44:42
  And he knows that. He knows that more than anyone.
• 44:45
  He makes electric vehicles, for God's sakes, but he who, who
• 44:50
  tapped him on the shoulder, who told him to say that?
• 44:53
  I think he knows exactly how all of this works, but for his own
• 44:57
  benefit. Like you said, the incentives do
• 45:00
  not align for him and I would not be surprised if he has some
• 45:05
  sacks on his own personally and we.
• 45:09
  Just I think he does, if I remember correctly too.
• 45:11
  He absolutely has to, and he's just never gonna let anybody
• 45:16
  know. Bars.
• 45:18
  Actually before we go on, there's there's a few good
• 45:21
  comments. Shouts out the Nihilus fields he
• 45:24
  goes be the bully you wish. Bully of you into stacking sad
• 45:27
  sooner. That's that's a funny one.
• 45:31
  All right. Next one shouts at The xx, he
• 45:32
  goes. Plus, WTF does Musk need bit
• 45:36
  Bitcoin for anyways. And and that's probably the
• 45:38
  thing like he's the richest man in the world.
• 45:40
  You think he cares about melting ice cubes per SE.
• 45:42
  He's like whatever. I have incredible amounts of
• 45:45
  cash flow. Like it doesn't matter to me.
• 45:48
  Yeah, that I think that's what it is.
• 45:50
  And then again, you know, humbling myself here, like I I
• 45:53
  don't claim to know more than Musk.
• 45:56
  I don't claim to even understand what he is focused on or you
• 46:00
  know what is top of mind here. He's a billionaire.
• 46:02
  I'm not. Of course you guys can say
• 46:05
  certain things about how he got there, but still, oh look at it.
• 46:07
  Is scared of the life out of. Me, I just got.
• 46:13
  So scared of, like, OK, all right, guys, let's go.
• 46:17
  But yeah, it's it's it's very interesting to say the least,
• 46:20
  that these conversations are happening.
• 46:22
  Nico, you wanna give us a take on the Musk?
• 46:25
  The Musk clip. Yeah, OK.
• 46:26
  Yeah, I I do have a really good take on this.
• 46:29
  OK, so like Musk is used to being, can you move over a
• 46:32
  little bit? Musk is used to being the
• 46:35
  smartest guy in the room, right? Like he's always used to being
• 46:38
  the smartest guy in the room. This is a guy who literally
• 46:41
  built rockets and landed those fucking rock.
• 46:43
  Like, whatever you think about Elon Musk, find me someone else
• 46:47
  who's landing rockets. Doesn't exist, right?
• 46:49
  This is someone who proved that you could make a electric car
• 46:53
  company. I know a lot of people say that
• 46:54
  Tesla's unprofitable. Whatever, but you did it right?
• 46:57
  You get into a Tesla and you see the proof of work and you're
• 47:00
  like this car is dope. Right it is.
• 47:03
  Dope. And then not to mention that
• 47:04
  car. I hate how dope it.
• 47:06
  Is literally kind of drives itself.
• 47:08
  So you can't question Elon Musk's entrepreneurial ability,
• 47:13
  you can't question his ability to like innovate and all that
• 47:17
  stuff. And he's used to being the, the,
• 47:23
  the smartest guy in the room, right.
• 47:25
  So essentially, like, when Preston asked him that question,
• 47:30
  like, how, how can you have a currency that doesn't, you know,
• 47:36
  that doesn't have proof of work? Like, what's the, what's going
• 47:39
  to stop people from printing it? In his mind, he was trying to,
• 47:43
  like, come up with the solution to that.
• 47:45
  Right. And he couldn't come up with it.
• 47:47
  Right. So what?
• 47:49
  What was his reaction? His reaction was frustration.
• 47:51
  Like he was genuinely frustrated.
• 47:53
  He was like, wow, like, you know what?
• 47:56
  I didn't come here to talk about Bitcoin.
• 47:57
  Like, whatever. And he deflected.
• 47:59
  Right. But he did it, said Bitcoin on
• 48:02
  the title of the space. No, But he deflected on that
• 48:04
  talking point. And now, and here's the other
• 48:06
  thing. The last thing that I'm going to
• 48:07
  say is like for the last eight years in Bitcoin, I've got it
• 48:13
  into the habit of every single time I've had an opportunity
• 48:18
  that's worked in traditional finance like a banker.
• 48:21
  A good friend of mine works at, you know, one of the the big
• 48:23
  firms like Goldman. I always ask them questions
• 48:27
  about Bitcoin because I wanted to see if there is one time that
• 48:32
  someone would be like, Nico, I got you.
• 48:34
  You don't have a good response to that.
• 48:36
  Every single time I've put myself in those scenarios, the
• 48:41
  responses are always the same. Like people need monetary
• 48:45
  policy. Like, what do you mean a a money
• 48:48
  that is not controlled by the government?
• 48:51
  Of course you need inflation. So I think what you saw with
• 48:54
  Elon is essentially someone who's very intelligent, someone
• 48:58
  who's used to getting what he wants, someone who's used to
• 49:01
  achieving things and then being humbled by the king.
• 49:05
  But because he's not used to being humbled, he kind of lashed
• 49:09
  out a little bit. And that's something about
• 49:11
  Bitcoin is that you got to humble yourself.
• 49:13
  Like Adam back tweeted something out a couple months ago or maybe
• 49:17
  it was like a year ago. He's like, look, I'm, you know,
• 49:20
  he, Adam back's a doctor in something.
• 49:22
  I can't, I can't opt in. I don't know if you remember,
• 49:25
  but Adam back super well, studied like this guy knows what
• 49:29
  he's talking about and he's like, look, I spent like nine
• 49:34
  months trying to figure out how to make Bitcoin better.
• 49:36
  And what I realized is that every single little improvement
• 49:39
  came with a trade off, right? So, you know, I think Max Kaiser
• 49:44
  said it best. He's like if you're, you know,
• 49:46
  an egotistical maniac, bitcoins going to humble the F out of
• 49:50
  you. And I think that's what happened
• 49:53
  here. And I think that we saw it in
• 49:55
  real time and lifetime and like Elon didn't have a response to
• 50:00
  it. Like that's what happened.
• 50:02
  And it happened in spaces, so they couldn't edit it out.
• 50:04
  It was like a real, like real time reaction.
• 50:08
  But I think it's a testament to Bitcoin's strengths.
• 50:11
  Like you got to humble yourself to Bitcoin or Bitcoin will
• 50:14
  humble you. Think about every single person
• 50:17
  that's try to stand up to Bitcoin, whether that's the
• 50:21
  Elizabeth, the government bureaucrats, right, getting the
• 50:24
  SEC embarrassing themselves this last week.
• 50:28
  Whether that's like, you know, Larry Fink was saying that
• 50:31
  Bitcoin is only good for money laundering.
• 50:34
  There's so many examples of people literally having to walk
• 50:38
  back, you know, four or five years later, even Michael
• 50:41
  Saylor. Michael Michael Saylor has this
• 50:44
  famous tweet of saying this Bitcoin thing is not gonna work
• 50:48
  years later. You humble yourself before the
• 50:51
  king, right? Simple as that.
• 50:53
  And I think Elon, in my opinion, I'm a fan of wanting to become
• 50:57
  an interplanetary species, right?
• 51:00
  And I think eventually he'll come around and he'll realize
• 51:03
  that Bitcoin is a net positive for humanity.
• 51:06
  But one thing's for certain, honey Badger, don't care and
• 51:09
  number go up. Technology is going to do its
• 51:11
  thing whether Elon is. Part of the picture.
• 51:13
  Whether he's not part of the picture, that's my take.
• 51:19
  Bars. Bars.
• 51:20
  Hey, Nico, before you go. Before you go.
• 51:21
  Before you go. Hold on, you can't hit him back
• 51:24
  as AP. Yeah, you can tell him Adam Back
• 51:26
  has a PhD and distributed system.
• 51:28
  Exactly. So Adam back, like not only is
• 51:31
  he cited in the, you know, Bitcoin white paper, he knows
• 51:35
  what the F he's talking about. OK, Adam Back knows what he's
• 51:38
  talking about. Yeah, I'd say, I'd say anyways
• 51:43
  guys, before we move on to the culture and I give you guys a
• 51:46
  breakdown on the wallets shouts out to our boys over at Kaboom
• 51:50
  Racks, the best play, best place to buy and sell your Bitcoin
• 51:54
  ASICS. And of course they also are
• 51:58
  unleashing or rather rolled out a hosting program for you guys.
• 52:01
  Of course run the kaboom rack software for your ASICS.
• 52:05
  If you haven't already done it, go to kaboomracks.com or join
• 52:09
  their telegram group. I think it's T dot me slash
• 52:12
  kaboom racks. You might, I might, I may may
• 52:15
  have said that wrong. But anyways, you'll get your
• 52:17
  racks from kaboom racks and and then of course shout out to my
• 52:21
  boy Alex over there 'cause if you if you're on the fence and
• 52:24
  you're wondering whether you want to get into Bitcoin mining,
• 52:28
  talk to my boy Alex from kaboom racks.
• 52:30
  He will most likely tell you not to buy a six, even though it's
• 52:34
  his job to sell you a six. He will break it down for you.
• 52:37
  That white glove service over there.
• 52:39
  In my opinion, they're they're the best in the game and and
• 52:41
  This is why we partner with them anyways.
• 52:43
  Let's get into the culture so you guys can take your Bitcoin
• 52:45
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• 52:51
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• 53:14
  All right guys, so I didn't get any visuals 'cause we were
• 53:18
  supposed to have a guest for you guys today and they we had a
• 53:22
  timing mix up. Anyways, Roman shouts out the
• 53:25
  Roman in the chat. Because yesterday when we were
• 53:29
  talking about the spot Bitcoin ETFs and and why we custody our
• 53:33
  Bitcoin, someone was asking and we constantly get these same
• 53:37
  things here. I'll full screen myself so
• 53:39
  Sophie can hang out behind the scenes without just staring at
• 53:42
  me. We constantly get questions in
• 53:46
  our chat about taking Bitcoin into custody and someone was
• 53:51
  asking about the best wallets and how do we do this And I try
• 53:55
  to do this. I think I do this at least once
• 53:57
  1/4 and I'll continue to do it once 1/4 if not more than once a
• 54:02
  quarter. Because the more I see you guys
• 54:04
  asking how to take custody, the more I know that we need to do
• 54:08
  this constantly. You know what gets repeated,
• 54:10
  gets remembered, and what gets remembered gets repeated.
• 54:12
  This is how brains work. So the process is pretty simple
• 54:17
  as far as I'm concerned. Of course, it is terrifying for
• 54:20
  a lot of people, even even some of us were were talking about it
• 54:23
  earlier or yesterday. Sorry about the first time we
• 54:26
  ever took Bitcoin into custody. It it scared us.
• 54:28
  You know, there is no rewind. There is no one you can call.
• 54:31
  There is no customer service at you can, you know, call up a
• 54:35
  bank and be like, hey, so I don't know where my money went?
• 54:38
  No. If you mess this process up,
• 54:41
  it's gone. So there is a lot of personal
• 54:43
  responsibility that comes with being a bitcoiner.
• 54:46
  This is why it's self sovereign money.
• 54:48
  This is why you eliminate the trusted third parties and This
• 54:52
  is why it is so important for you to take it slow, take baby
• 54:56
  steps when this is your first time doing this.
• 54:58
  So if for I'm, I'm going to kind of start with someone that is
• 55:02
  new to Bitcoin. So you just heard simply
• 55:05
  Bitcoin, you just rushed out and you bought Bitcoin on an
• 55:08
  exchange, whatever exchange you want to do because usually
• 55:11
  that's kind of what happens for the new bitcoiner.
• 55:13
  They they don't go to like you know a a Bitcoin meet up and
• 55:16
  then buy it directly peer-to-peer or you know they
• 55:19
  don't use like bisque or robo sats.
• 55:21
  And if you're new just don't get lost in the in the in the
• 55:24
  different areas that you can buy Bitcoin Or probably maybe you
• 55:29
  don't know about Azteco and so you're going to like Swan or
• 55:35
  River or Unchained or hopefully not Coinbase.
• 55:38
  But you know, you never know or Gemini or all the big exchanges
• 55:41
  out there and you exchange your dollars or your Fiat, your paper
• 55:46
  money for Bitcoin and you have some Bitcoin sitting on the
• 55:50
  exchange. And then we sit here and we're
• 55:52
  like take your Bitcoin into custody using passport by
• 55:55
  foundation and write down your seed phrase.
• 55:58
  And usually the best way to do this guys is do a small
• 56:03
  transaction. So I don't know, just to make
• 56:06
  this easier, say you have $1000 in an exchange, don't send that
• 56:11
  $1000 to a new wallet directly. You know that you just, you just
• 56:16
  spun up, send the few dollars. So first and foremost you're
• 56:21
  going to have to create a wallet.
• 56:22
  I think baby steps works best for most people.
• 56:26
  I I kind of don't believe in. Just like throwing people from
• 56:29
  zero to 60 and go straight into a hardware wallet or what have
• 56:33
  you a multi sig setup. Most people just download a
• 56:36
  Bitcoin wallet on their phone. They don't know better and I I I
• 56:39
  don't think there's anything wrong with this.
• 56:41
  So usually you have money on exchange.
• 56:44
  You download a Bitcoin wallet on your phone.
• 56:46
  My favorite mobile wallets right now are blue wallet, green
• 56:49
  wallet, those are on chain. And then there's Phoenix and
• 56:53
  Breeze are lightning wallets. If you're not in the States and
• 56:59
  you can use wallet of Satoshi, I know it's custodial, but they're
• 57:02
  new. They'll get to, they'll get to
• 57:05
  being fully sovereign on the Bitcoin network.
• 57:07
  And then you know for you guys out there that are more, more,
• 57:11
  more advanced shouts out to Zeus, I think Zeus might be one
• 57:14
  of the best lightning wallets, but there's there's a lot of
• 57:16
  stuff. So if you're new, I really like
• 57:18
  Phoenix. One of my friends yelled at me
• 57:20
  that like Phoenix is, it's like Opti shield Phoenix and I'm
• 57:23
  having trouble. I love Phoenix, but I use Blue
• 57:27
  Wallet as like my daily driver. So I usually recommend you know
• 57:30
  a friend downloads Blue wallet. Write down your seed phrase.
• 57:34
  Make sure you write it on piece of paper.
• 57:36
  Don't screenshot it. Don't write it on your computer
• 57:39
  because you never know if that seed phrase is being leaked on
• 57:42
  the Internet. Never put your seed phrase on
• 57:43
  the Internet. Just write it down on a piece of
• 57:45
  paper and then what I recommend for most people is once you
• 57:49
  write down your seed phrase, you download it.
• 57:52
  So let's just go to the process. You have $1000 on an exchange.
• 57:55
  You download Blue wallet on your phone and you write down the
• 57:59
  seed phrase. You create a new wallet, you
• 58:00
  write down the seed phrase and then you're like, should I send
• 58:03
  Bitcoin there? Sure send.
• 58:06
  I don't know a little bit of Bitcoin.
• 58:07
  I know the men pools are getting kind of crazy.
• 58:09
  The fees might be getting a little high but usually from an
• 58:12
  exchange you won't pay those fees.
• 58:13
  So I'd recommend say like send like $10 to your blue wallet and
• 58:17
  then once you receive it and you know you just scan it or you
• 58:21
  copy and paste your your address, you send that $10 to
• 58:25
  your wallet and once it verifies, once it confirms in
• 58:30
  your wallet and you see that your money's there, What I
• 58:32
  recommend is that you essentially delete the wallet,
• 58:36
  you have the seed phrase backed up and then go through the
• 58:39
  process of putting your seed phrase back in.
• 58:43
  So put your seed phrase back in the wallet.
• 58:47
  After you cleared the wallet, you put it in your seed phrase.
• 58:52
  Back into the wallet and you'll see that your money's still
• 58:55
  there. Once you know you can recover
• 58:57
  your $10 and maybe you want to do less, maybe you want to do
• 58:59
  $5. Maybe $10 is a lot to you, so do
• 59:02
  like $5. And then once you're able to
• 59:04
  recover your wallet, 'cause you put in your seed phrase and you
• 59:08
  feel comfortable you backed it up, then send all your money to
• 59:11
  your mobile wallet Again, This is the first steps.
• 59:14
  You buy it on an exchange, you send a test transaction to your
• 59:18
  wallet, make sure you can secure that wallet again, clear the
• 59:21
  wallet, make sure you're able to get back into that wallet, and
• 59:24
  then finally send all your money to it.
• 59:26
  Now that'd be the first step. If you are on a mobile wallet,
• 59:29
  it's your first, you know, first couple days in Bitcoin.
• 59:32
  I don't think there's anything wrong with you just downloading
• 59:34
  a mobile wallet and holding some Bitcoin there in a mobile
• 59:38
  wallet. And then once you have enough
• 59:39
  money in that mobile wallet and you start to feel a little
• 59:42
  concerned about losing your phone and and you it feels like
• 59:46
  a lot of wealth then I highly recommend or you can do the same
• 59:50
  step as well you download a desktop wallet of course I I
• 59:54
  think it's almost a rite of passage to download Bitcoin core
• 59:57
  and get the initial block download run a node for yourself
• 1:00:00
  but I am a huge fan of Sparrow. I think Sparrow the the added
• 1:00:04
  complexity on top of Bitcoin Core.
• 1:00:06
  With Sparrow I I think it's one of the best desktop wallets.
• 1:00:09
  There's also Spectre. He is an Electrum Junkie is he's
• 1:00:13
  he just. It worked for him, so that's
• 1:00:15
  what he uses. But personally, I like Sparrow.
• 1:00:18
  I I think Sparrow's great. And then of course hardware
• 1:00:21
  wallets there. There's a lot of wallets out
• 1:00:23
  there. So these are the ones that I
• 1:00:25
  like. These are the ones that I
• 1:00:26
  recommend. Of course we have our sponsor
• 1:00:29
  passport by foundation next if you are so inclined and you want
• 1:00:36
  to build your own wallet. I love seed signer.
• 1:00:40
  Seed signer is great. You know my 3D printed.
• 1:00:43
  Actually I might have bought the 3D printer or she she gave me a
• 1:00:45
  3D printed cover for it. You build this wallet off parts
• 1:00:50
  from a shelf and then the industry standard cold card.
• 1:00:54
  All you guys love cold card. You already know the deal and
• 1:00:56
  then Oh my Jade's my Jade's in a in a drawer over there I think
• 1:01:01
  or and then block streams jade to me.
• 1:01:03
  I really love these wallets. They're Bitcoin only these.
• 1:01:07
  These are my favorite hardware wallets and I'd highly recommend
• 1:01:11
  all those in in full faith and confidence.
• 1:01:13
  And then so once you have enough money in a in a mobile wallet,
• 1:01:17
  maybe you get a little scared, Get yourself some hardware
• 1:01:19
  wallets. I think you know 25th word with
• 1:01:22
  your seed phrase is usually good enough for you guys that are
• 1:01:25
  just kind of starting out down the road to self sovereignty.
• 1:01:28
  If you want to complicate it a little more you get yourself a
• 1:01:32
  multi sig set up. But also in the meantime while
• 1:01:34
  I'm on this, get yourself one of these or something of the same
• 1:01:38
  nature. Make sure your seed phrase is in
• 1:01:40
  something that cannot be destroyed.
• 1:01:42
  Don't just leave it on a piece of paper in your drawer.
• 1:01:45
  This is like the best practice of high level overview.
• 1:01:48
  If you really want to get your your hand walked through this go
• 1:01:51
  to BTC sessions, YouTube channel.
• 1:01:53
  He'll walk you through this whole process.
• 1:01:55
  But really you don't have to overthink this, it is just a new
• 1:01:58
  paradigm shift. It's a new mental operating
• 1:02:00
  system, but it's just literally it's easiest sending an e-mail.
• 1:02:03
  As I always say, you can either scan it on your phone, scan an
• 1:02:06
  address and send Bitcoin or you just copy and paste an address
• 1:02:11
  from your desktop and it'll go into your wallet.
• 1:02:15
  So that's the high level. I know I kind of went through a
• 1:02:18
  little fast, but I'll, I'll keep doing this for you guys.
• 1:02:21
  So if you're in the chat and you wondered what wallets to use, I
• 1:02:24
  love Blue Wallet, Green Wallet, Phoenix, Zeus Breeze.
• 1:02:29
  If you're not in the States anymore, use Wallet as Satoshi.
• 1:02:32
  I know it's custodial or whatever.
• 1:02:34
  Bitcoin Core, Sparrow, Spectre, Electrum, Seed Signer, Passport,
• 1:02:38
  Cold Card, Jade. I know I'm giving you guys a lot
• 1:02:41
  of options and there is different trade-offs.
• 1:02:44
  There is different user experiences and user interfaces
• 1:02:47
  to all of this. So I just recommend you try them
• 1:02:49
  and see which ones you like the best.
• 1:02:51
  But personally, these are the ones I recommend.
• 1:02:54
  These are the ones all my friends have used.
• 1:02:56
  These are the ones that collectively have become the
• 1:02:59
  shelling point of what is an industry standard wallet that
• 1:03:03
  you should be using. On that note guys, let's see,
• 1:03:07
  let me see some of these comments.
• 1:03:08
  I'll bring Sophie back in. I know I ranted.
• 1:03:11
  I know I ranted. Oh, opinions on Trezor with the
• 1:03:13
  Bitcoin only software. I have a Trezor here I I don't
• 1:03:19
  know if you like it's a Trezor is a soft place in my spot in my
• 1:03:24
  heart because it's it's one of the earliest wallets.
• 1:03:27
  But I I think these ones might not have the best security.
• 1:03:33
  I think. I think the the newer version
• 1:03:36
  might be better. Ledger.
• 1:03:39
  Don't use Ledger. I love Ledger.
• 1:03:41
  It's the first one I got. Don't don't use Ledger that I do
• 1:03:45
  not recommend Ledger. Let me see.
• 1:03:48
  Ledger. Win off the wallet.
• 1:03:51
  Never. Never.
• 1:03:52
  I'm I'm I'm too Left bell curve for that bro.
• 1:03:56
  OK yeah. Also you can get some test net
• 1:03:59
  coin if you really want to play with Bitcoin.
• 1:04:02
  And you know there is still, I'm pretty sure there's still some
• 1:04:04
  test net faucets out there and they'll give you some quote UN
• 1:04:07
  quote free Bitcoin. It's test net Bitcoin.
• 1:04:09
  It has no value and you can mess with it and send it around.
• 1:04:12
  It's a lot easier. Let's see which other wallets
• 1:04:17
  have a chart like Ledger Live or Exodus.
• 1:04:20
  I don't. I I Are you talking about like
• 1:04:23
  the price? Either way, I wouldn't use
• 1:04:26
  Ledger Live because they might be doxing your transactions and
• 1:04:29
  I don't like Exodus. That's also one of the early
• 1:04:31
  wallets. So yeah, let's see, let's see.
• 1:04:38
  All right. Anyways, we're going long and I
• 1:04:40
  got to get to the meme review. Yes, Yes.
• 1:04:44
  So So actually TLDR, not not about the wallets, but maybe do
• 1:04:50
  you remember your first Bitcoin transaction?
• 1:04:54
  My first Bitcoin transaction was with Ledger before before they
• 1:04:59
  went completely insane. But I the funny story I
• 1:05:06
  actually, despite all the odds, know how to use a cold card.
• 1:05:11
  And I thought it was gonna be super difficult.
• 1:05:13
  But it's actually not. I got taken out of a a party
• 1:05:19
  like an after party at Pacific Bitcoin and Nico was like, oh,
• 1:05:24
  we're going to a workshop like. And he made it sound like so
• 1:05:28
  cool and I was like. Yeah.
• 1:05:30
  I was like workshop, like this is gonna be like a brunch
• 1:05:33
  workshop thing. Right.
• 1:05:35
  Right. It was not.
• 1:05:38
  It was it was like a legit like we were in a serious
• 1:05:42
  environment. Sit down and we learned how to
• 1:05:46
  use a cold card. Shout out to VTC sessions
• 1:05:49
  because he is an amazing teacher.
• 1:05:51
  I was like 3 glasses of wine in and he successfully taught me
• 1:05:57
  how to use a cold card and to this day I know how to use that
• 1:06:00
  cold card. I'm a little bit biased because
• 1:06:03
  I love, love, love The Passport by Foundation Devices wallet.
• 1:06:11
  I think this is the coolest thing ever.
• 1:06:14
  Like not just because it does sort of the same things as cold
• 1:06:19
  card, but because it's so cute. It is so Y2K and now they put
• 1:06:24
  Snake on it. It has a little camera.
• 1:06:26
  Like it would be cool if they like put in like a selfie mode
• 1:06:30
  or something like you can have like 5 or 10.
• 1:06:31
  No, no, I. Don't even need all that.
• 1:06:34
  I'm kidding. We.
• 1:06:34
  I. Don't need that.
• 1:06:35
  I know we don't need on any of that.
• 1:06:36
  I'm just kidding. I'm kidding.
• 1:06:38
  But. Yeah.
• 1:06:39
  So someone like this. How much?
• 1:06:41
  Yeah. How much is a passport?
• 1:06:43
  If I remember correctly, I think it's 199 right now.
• 1:06:46
  One other question Phil asked, what about Aqua?
• 1:06:50
  Let me see if I can pull this up for you.
• 1:06:52
  So Phil, I did download Aqua. I kind of like it.
• 1:06:58
  I was going to mentioned it. I I can't find the comment
• 1:07:00
  exactly, but Aqua just got released.
• 1:07:03
  It is. It's basically using the liquid
• 1:07:05
  network and Lightning together to do some layer two activity.
• 1:07:08
  It's pretty cool. I I just like.
• 1:07:10
  I haven't tested it long enough and rigorously enough but it's
• 1:07:14
  pretty sleek. I I kind of love what Samsung
• 1:07:17
  Mao and Jan 3 have have built over there.
• 1:07:19
  So as you can see guys, wallet software, hardware, it's ever
• 1:07:25
  evolving. I think everyone is working on
• 1:07:27
  trying to make self custody as easy as possible and secure as
• 1:07:30
  possible. So again I will probably change
• 1:07:33
  these wallets up as time moves on as we see cooler and newer
• 1:07:37
  stuff come out. But this is this is a good
• 1:07:39
  starting point. I I like Phil, I I kind of like
• 1:07:42
  Aqua. But again I don't know much of
• 1:07:44
  the stuff on the back end. You know like a moon was pretty
• 1:07:48
  cool and then the fees kind of got it a little wrecked.
• 1:07:50
  So this is all moving as quickly as possible, so we'll keep
• 1:07:55
  updating anyways. Anyways, let's get to the meme
• 1:07:57
  review before everyone starts freaking out.
• 1:07:59
  Where where is the memes? It is Friday after all.
• 1:08:04
  The Daily Meme Review. We have boys and girls.
• 1:08:13
  We are back. Don't think I forgot about you
• 1:08:19
  guys on the meme review. I was getting trolled yesterday
• 1:08:21
  on the Meme Factory that they might steal the meme review.
• 1:08:24
  So you might be able to get 2 meme reviews now.
• 1:08:26
  Thursday on meme Factory Friday on simply Bitcoin.
• 1:08:30
  Of course we say all the time tweet to the bullets.
• 1:08:33
  Memes are the artillery. I know memes are power, memes is
• 1:08:38
  life. But we've noticed that people,
• 1:08:41
  people log off on the memes guys.
• 1:08:42
  So you know, we're we're trying to balance out what people like
• 1:08:47
  on our show and of course trying to retain as much viewership and
• 1:08:51
  adding as much value as much bang for your buck in the hour
• 1:08:54
  of the show. So just remember, every Friday I
• 1:08:59
  will bring you memes and it makes my job easier.
• 1:09:01
  I I can kind of sum up the whole week in some memes and we can
• 1:09:06
  cover a lot of stuff so it'll it'll be a much more quality
• 1:09:09
  than quantity meme review. Anyways guys here's the first
• 1:09:14
  one shouts out to at under score Checkmatey under score and he
• 1:09:20
  goes. Turns out the SUC was behind all
• 1:09:22
  the market manipulation after all.
• 1:09:23
  And I just love scooby-doo. I it's it's I grew up watching
• 1:09:27
  scooby-doo. It's one of my favorite shows
• 1:09:28
  ever. Anyways, we got.
• 1:09:30
  Wow, how am I blanket? What's the guy's name?
• 1:09:32
  Oh, my God. Bad memory.
• 1:09:33
  Bad memory. Bad memory.
• 1:09:36
  This guy's Fred. Do you remember Fred?
• 1:09:38
  I don't know. Is it Fred?
• 1:09:40
  I don't know. Anyways, we got the.
• 1:09:41
  Blonde guy from. Scooby-doo?
• 1:09:43
  Yeah, look it up because I don't even know I forgot this.
• 1:09:46
  As you can tell, I only have so much RAM in my brain and I hate
• 1:09:48
  that. Empty it.
• 1:09:49
  Is Fred. It's Fred.
• 1:09:50
  OK, all right. We have Fred from scooby-doo,
• 1:09:53
  and he is titled SEC. And then he has a ghost tied up,
• 1:09:57
  and the ghost is market manipulators.
• 1:10:00
  And then Fred takes off the mask and the SEC SEC figures out that
• 1:10:04
  is the SEC that is market manipulating right now.
• 1:10:07
  Who would have thought this? Is the SEC even capable of
• 1:10:10
  protecting consumers when they can't even protect their Twitter
• 1:10:13
  account? Oh my goodness, what a clown
• 1:10:15
  world we live in. All right, next one.
• 1:10:17
  We showed this yesterday. Frank Franklin Templeton A fun
• 1:10:23
  I'm pretty sure they have a lot of Bitcoin in investment.
• 1:10:28
  They might even have an ETF if I'm I'm blanking right now.
• 1:10:30
  Again it's meme review. Anyways, they dropped this new
• 1:10:33
  profile pic and it is Ben Franklin with laser eyes and I I
• 1:10:38
  didn't bring on this just for the laser eyes.
• 1:10:41
  I really brought this up because what my boy Nick can't mine said
• 1:10:44
  he goes. We now have spot Bitcoin ETF
• 1:10:46
  issuers with trillions in assets under management memeing with us
• 1:10:50
  on the timeline. I told y'all this bull market is
• 1:10:53
  going to hit different boys and girls, girls and boys.
• 1:10:57
  I'm convinced. I'm convinced, wow.
• 1:11:01
  I'm convinced we are entering a new era of Bitcoin again.
• 1:11:06
  I I feel a bit cliche because like, I'm a Bitcoin.
• 1:11:09
  I'm like, oh, this time's different, this time's
• 1:11:10
  different. But it really does feel like
• 1:11:12
  this time might be different. We've never had this much
• 1:11:16
  attention. We've never had the
• 1:11:17
  institutional money, the biggest asset managers in the world
• 1:11:21
  being focused and excited about Bitcoin.
• 1:11:24
  So it really does feel like this time is different.
• 1:11:26
  And then of course guys, this is a meme review and life is memes
• 1:11:30
  and memes is life and everyone is just living in our meme
• 1:11:33
  world. So continue to meme, continue to
• 1:11:36
  ridicule the corporate press, continue to make the funniest to
• 1:11:39
  get your friends heads in the game.
• 1:11:40
  And on that note, we got Rick AKA at our Mess It on Twitter
• 1:11:45
  and he goes shut up Meg Bitcoin self custody of her spot ETFs.
• 1:11:50
  And we got the classic Family Guy meme here where we have Meg
• 1:11:53
  and she's an ETF buyer and goes. You guys always think that
• 1:11:55
  you're better than me. And then we have all the bit
• 1:11:57
  corners in self custody and top hats and suits and with the smug
• 1:12:01
  smile like we are better than you only old paper Bitcoin
• 1:12:04
  should have. Been like Elon Musks face on top
• 1:12:08
  of Meg. You guys always?
• 1:12:10
  Think you're better than? Me, If you're guys gonna be
• 1:12:13
  annoying bitcoiners, then I'm gonna sign off.
• 1:12:17
  Shut up. We are.
• 1:12:18
  We are definitely better than you.
• 1:12:20
  Shut up, Meg, Bitcoin and self custody over spot ETFs.
• 1:12:22
  Do not buy the spot ETF over spot Bitcoin.
• 1:12:25
  But we understand if you have money in your 401 KS, etcetera,
• 1:12:30
  it's better to get some Bitcoin exposure because it will be more
• 1:12:33
  profitable than whatever else is in your 401K.
• 1:12:36
  So I get it. I totally get it.
• 1:12:37
  I'm not here to tell you what to do with your money.
• 1:12:40
  All I'm saying that if you are buying Bitcoin, do not leave it
• 1:12:44
  on an exchange. Take it into custody.
• 1:12:46
  Bitcoin in self custody is the revolution.
• 1:12:49
  You do not need to trust third parties.
• 1:12:51
  This is literally what is written in the in the white
• 1:12:53
  paper. This is the way.
• 1:12:55
  This is how we ensure that the black rocks of the world do not
• 1:12:58
  control Bitcoin. All right, this next one shouts
• 1:13:00
  at my boy Ropium. He finally got another meme to
• 1:13:03
  go viral. Shouts out to you bro.
• 1:13:06
  That's AII. I'm trolling him because it it
• 1:13:10
  hurts him anyways. Rope.
• 1:13:12
  What's this? Oh, these emojis.
• 1:13:15
  All right, it's three people in wheelchairs.
• 1:13:17
  Wow, I'm super blind. Anyways, is it Is this the Green
• 1:13:23
  Goblin? Right.
• 1:13:24
  I forget who the actor is. I'm pretty sure this is William
• 1:13:28
  Dafoe. I'm pretty sure this is Green
• 1:13:29
  Goblin Spider Man and it goes when you sell the news but the
• 1:13:33
  news is fake. Wait you you you can't do this
• 1:13:36
  to me. Ohh my goodness.
• 1:13:38
  Imagine if people, you know, everyone been saying the spot
• 1:13:40
  Bitcoin ETF is a sell the news scenario.
• 1:13:44
  Maybe it was considering that we're done at 43 K today.
• 1:13:47
  But imagine if you sold the fake news on Tuesday and you got
• 1:13:52
  absolutely decimated. And on that note, Yellow did a
• 1:13:56
  perfect meme and he goes welcome to fucking Bitcoin boomers.
• 1:14:00
  You know what my theory is? Everybody just sold as soon as
• 1:14:05
  that news came out so that they could have some cash for when it
• 1:14:08
  goes right back up. That could, that could be a
• 1:14:11
  strategy. You know, a lot of people, a lot
• 1:14:14
  of people are trying to trade this thing and we tell them
• 1:14:17
  don't trade Bitcoin, just dollar cost average, never settle.
• 1:14:22
  And they they just don't listen. Oh, man, Hold on.
• 1:14:26
  Shut up. The real Let's go back.
• 1:14:27
  He's. He says you can't hurt me.
• 1:14:29
  I don't have feelings. Oh, man, Let's go.
• 1:14:32
  Oh, why Can't wait, Kiwi. Why can't he make one go by?
• 1:14:36
  Oh, man. All right, all right, all right,
• 1:14:38
  guys. Okay.
• 1:14:40
  Next one. Yeah, like I said, you know,
• 1:14:41
  yellow here. And it's the shining meme.
• 1:14:45
  Nicholas. What's his name?
• 1:14:46
  Jack Nicholson, he's, you know, when he puts his head through
• 1:14:49
  The Shining after he acts it and you know, this is Bitcoin, it's
• 1:14:54
  like. Happy about this price?
• 1:14:56
  So. Fun A.
• 1:14:57
  Because it was so fun a. Because like, now I can stack
• 1:15:01
  cheaper Sats and that's always a good thing.
• 1:15:03
  Wait, you still have Fiat left? Shit.
• 1:15:06
  Dude, you know what? I don't.
• 1:15:08
  But like now I'm now I'm incentivized to like go like
• 1:15:13
  scour wherever I need to, to try to buy some more.
• 1:15:18
  So like, even more than that, even.
• 1:15:19
  Saw your chairs. You're in a chair.
• 1:15:20
  What's going on here? I know you're pregnant.
• 1:15:22
  No, damn. I should just sit on my big ball
• 1:15:25
  that I bought my big pregnancy ball.
• 1:15:27
  This chair is too expensive for us big pointers.
• 1:15:31
  Well, but the other thing is I'm happy that boomers get to feel
• 1:15:36
  just a quarter, maybe even like 1% of the pain that us
• 1:15:41
  bitcoiners have been going through this entire bear market.
• 1:15:44
  So you know what? Let it rip.
• 1:15:45
  I hope the price drops to 12 K like somebody was saying in the
• 1:15:50
  comments. So they feel the pain and then,
• 1:15:53
  you know, obviously it's going to go up.
• 1:15:55
  It's going to go up forever, Laura.
• 1:15:57
  But I want them to feel the pain.
• 1:15:59
  I really do like deep down inside.
• 1:16:02
  Like, literally. All right, I was saying it on
• 1:16:05
  Wednesday when the ETF did get approved, I was watching the one
• 1:16:09
  minute chart. The don't trade, the one minute
• 1:16:11
  chart. But it's very entertaining to
• 1:16:13
  watch the bulls and the bears fight and when the price starts
• 1:16:16
  to run, it's like, it's you. You feel it.
• 1:16:19
  Anyways, I saw, I saw the Bitcoin one minute chart eat up
• 1:16:23
  48 K in like a minute. And there was a moment where I'm
• 1:16:26
  like, it was like, no, it took like 20 minutes, Sorry.
• 1:16:28
  And I was like wow, is Bitcoin going to rip right now?
• 1:16:31
  Like it would. It would have just been so
• 1:16:33
  glorious if the ETF came and Bitcoin just like Omega Candle
• 1:16:37
  10K. But it is very fitting that they
• 1:16:39
  come and Bitcoin just dumps on them and they're all like buying
• 1:16:42
  in the Bitcoin. It's like welcome to Bitcoin.
• 1:16:44
  You have just been initiated in the game.
• 1:16:47
  You thought this was going to be easy?
• 1:16:48
  Nope. You need to feel the pain of
• 1:16:51
  volatility. Anyways, this slash meme shouts
• 1:16:54
  out to my boy Kiwi because this just kills me.
• 1:17:00
  I added one extra one in here for you guys because you know
• 1:17:04
  this one's for me. So they were saying the other
• 1:17:07
  day that we need to make a meme of Opti riding a dragon, AKA
• 1:17:12
  Chrissy, Lagarde and Kiwi within like 20 minutes.
• 1:17:16
  Pop this one out and he goes. Don't wait too late to find your
• 1:17:20
  waifu wine at Optimus Fields will steal your girl.
• 1:17:24
  And I think this is a picture. I don't know.
• 1:17:26
  They were saying make it from the Game of Thrones.
• 1:17:28
  Anyways, we got a we got a Princess here with opti's head
• 1:17:31
  on top of it, riding a dragon with Chrissy Lagarde's head on
• 1:17:35
  it. You know you know out here.
• 1:17:36
  I'm. I'm trying to I'm trying to get
• 1:17:38
  close to the money printer. I'm right.
• 1:17:39
  I'm. I'm slaying Dragon for the
• 1:17:41
  culture because, yeah, Chrissy Lagarde is.
• 1:17:44
  Daenerys. And if you know Daenerys, she's,
• 1:17:48
  she's a bad bitch. So it's this game of.
• 1:17:50
  Thrones Game of Thrones. So Opti a bad beat.
• 1:17:54
  Opti, he's playing a bad bitch. And she's right.
• 1:17:57
  He's right. The.
• 1:17:58
  Shit out. Of I think my favorite part is
• 1:18:00
  my favorite part is Hawaiian. Just like, you know let the boy
• 1:18:03
  watch eating ice cream in the corner.
• 1:18:04
  Anyways, drop your meme score in the chat right now as we cover
• 1:18:10
  ours live and we will review your memes by the end of the
• 1:18:14
  show. OK, guys, so my meme review is,
• 1:18:16
  oh, actually it's gonna be this. So my water filter right now is
• 1:18:22
  empty. I I just replenished it.
• 1:18:24
  I only had enough water to make my coffee this morning and have
• 1:18:28
  One Cup. And I was I was like dehydrated
• 1:18:30
  before the show. So I ran out to the grocery
• 1:18:33
  store right around the corner. It's absolutely freezing
• 1:18:35
  outside. I was not prepared for it.
• 1:18:37
  I'm like, oh, it's sunny. It's nice.
• 1:18:38
  I froze. Anyways, I got this Voss water
• 1:18:43
  and it's the only thing that was still made in glass and Sophie's
• 1:18:48
  like wow, you got a boss still in a glass container.
• 1:18:51
  I didn't even know that was a that was a thing.
• 1:18:54
  It also exploded on me right when I started the show and
• 1:18:58
  literally my lap is wet because of the sparkling water.
• 1:19:02
  You know, I still have total functions of of my bowels, but
• 1:19:06
  yeah, I've been sitting in semi wet pants right now throughout
• 1:19:10
  the show. Because of my.
• 1:19:12
  Yeah, my water broke. My water broke Exactly.
• 1:19:15
  Exactly. OK, So what?
• 1:19:20
  Is your. First of all, you copied me
• 1:19:21
  because I was going to. Bring on the Let's go water.
• 1:19:25
  Maxis Sparkling water, Maxis metal and glass for the wind.
• 1:19:29
  Don't do plastic is bad for you, but.
• 1:19:31
  I mean, I think, I think aluminum might be just as bad on
• 1:19:35
  a different level. Yeah.
• 1:19:37
  Aluminum, from what I remember, they say that, man, Alzheimer's
• 1:19:42
  patients have a high level of aluminum in their system.
• 1:19:46
  So, I mean, I drink aluminum out of cans as well.
• 1:19:51
  But yeah, you wanna eliminate aluminum in plastic.
• 1:19:54
  Yeah. Yeah.
• 1:19:55
  Good to know. Good to know.
• 1:19:57
  Topo, Chico and now this. They're just taking away all the
• 1:20:01
  things I love. No, they've taken away too much
• 1:20:04
  for me from with this pregnancy way too.
• 1:20:07
  Much you're not. Taking away by lacrosse?
• 1:20:10
  No. But since you did that one, I
• 1:20:11
  won't do. I won't copy you, no.
• 1:20:13
  That's good. You can do it.
• 1:20:14
  We're water, Maxis. Doing the the lip plump by core
• 1:20:18
  costs Rs. Is that the stuff that like,
• 1:20:20
  burns your? Lips.
• 1:20:21
  It burns worse than Tiger Balm. This shit is a lip.
• 1:20:25
  This is a lip. Plump from North, North, North
• 1:20:27
  Korea. This is a lip plump from Korea.
• 1:20:30
  So it it hits different. It's really, really intense.
• 1:20:34
  It's like, 'cause if it was from North Korea, 'cause it's really.
• 1:20:37
  I I just saw that, like in, I just saw that Instagram where
• 1:20:40
  like a dude was like putting his girl's lip gloss on.
• 1:20:43
  And it was that. And he's like, it's burning
• 1:20:44
  what's going on in my face? Yeah.
• 1:20:45
  Yeah, it burns. It looks like a mofo.
• 1:20:48
  Anyways guys, before we get to your guys's meme scores, shouts
• 1:20:52
  out to everyone of you guys that supported us with the merge.
• 1:20:55
  We do have a few shirts left, a few hoodies left.
• 1:20:59
  I don't know. So if maybe you have some
• 1:21:01
  inventory, we we might ship out a few.
• 1:21:04
  We've been talking about it behind the scenes, what we might
• 1:21:06
  ship out a few to some of our loyal listeners and and
• 1:21:11
  supporters on Sub Stack. We still have to work this out,
• 1:21:14
  but I think we're like way less than like 20 shirts left.
• 1:21:21
  We might only have a few left after we pull this trigger on on
• 1:21:25
  our supporters, I think so. Do you remember how many
• 1:21:28
  sweaters we have? We're running low on everything.
• 1:21:31
  We do have a new batch coming. We've been talking with our
• 1:21:33
  supplier. It's just it's taking longer
• 1:21:37
  than we thought. We'll get you some hats and we
• 1:21:38
  got some new designs. So just just bear with us guys.
• 1:21:41
  We really appreciate all the support.
• 1:21:43
  It really does mean a lot. To us, we have around 20 hoodies
• 1:21:47
  left in different sizes, so definitely get yours while you
• 1:21:50
  can I. Don't think there's mediums.
• 1:21:52
  No more mediums. I don't think there's any more
• 1:21:54
  mediums. There's like one small left, but
• 1:22:00
  you know, you could always get an extra large wear.
• 1:22:02
  It is a dress. It's very comfortable.
• 1:22:04
  I wear these hoodies all the time even out in public, as
• 1:22:11
  orange as they are. They're they're yeah, like you
• 1:22:14
  could you could always like see me from wearing these, these
• 1:22:18
  orange hoodies. But yeah, we have like around 20
• 1:22:22
  left and I don't think we're gonna drop more for a very long
• 1:22:26
  time. So definitely cop your hoodies
• 1:22:30
  and your T-shirts. They're also very comfortable.
• 1:22:33
  Hey, you know, I would, I would much prefer to be the Walmart of
• 1:22:37
  our merch. But you know, we we, our our
• 1:22:40
  intern, wants us to be the supreme of Bitcoin merch.
• 1:22:43
  So when this is gone, I don't know if we're gonna print more
• 1:22:47
  of these designs, but I will get you guys the the hats you guys
• 1:22:50
  have been wanting the. Hats.
• 1:22:51
  So I'll. Print more than.
• 1:22:52
  Working on the ladies Wear. Listen, I have been so the
• 1:22:57
  reason it's taking so long is because I've been extremely
• 1:23:00
  picky about how the woman's wear is going to look.
• 1:23:04
  I know that you know women have a lot of places to shop from and
• 1:23:08
  we want quality, so and something that we can actually
• 1:23:13
  wear not just as a pajama shirt but out in public.
• 1:23:17
  So we I am working on it. Believe me.
• 1:23:20
  We have a really cute design that is up for you guys now.
• 1:23:25
  I'm working on finding the right supplier so that you guys can
• 1:23:30
  have a really nice shaped. I don't.
• 1:23:33
  I haven't decided if I'm gonna do AT shirt or a cami.
• 1:23:36
  I think I might do a cami So it's something cute you could
• 1:23:39
  wear to the gym. Something cute you could wear
• 1:23:42
  like you know out to the beach or out with your friends.
• 1:23:46
  And again, not just as a pajama shirt, 'cause I'm sure we all
• 1:23:49
  have a ton of those, I. Don't even know what a Cami is
• 1:23:53
  anyways. Anyways, all right guys, let's
• 1:23:54
  get to these meme scores. 1st meme score is by Elaine Lowell
• 1:24:01
  and she goes. My score is the price of Bitcoin
• 1:24:03
  in 2024. Plus the number of new bit
• 1:24:05
  corners, real bit corners who take self custody, heart heart
• 1:24:08
  heart. OK, let's go.
• 1:24:11
  OK, rope Meme score. Opti's epic appearance on the
• 1:24:15
  meme factory test stream. Go watch it.
• 1:24:18
  Yes, I had a blast of again, apologize everyone at the meme
• 1:24:23
  factory. I was 7 minutes late.
• 1:24:24
  My time got mixed up, but I think we had a blast.
• 1:24:27
  OK, next one. Nihilus Fields Tunnel
• 1:24:30
  disrespector score Taking my wife food to Bitcoin cold
• 1:24:34
  storage bum the Bitcoin cold storage workshop Okay meme score
• 1:24:41
  Justin Boyvin meme score Wall Street on its me in front of
• 1:24:45
  Satoshi divine power Yes this is the way Sail dog 18I give those
• 1:24:51
  names 5 power elons okay. I think this is the score car
• 1:24:57
  cart with stone some high quality H2O.
• 1:25:00
  Wait. Another call me water boy.
• 1:25:01
  OK, let's go. Next one Wait wait.
• 1:25:06
  Hold on. The bugle is calling me out as
• 1:25:09
  not a real journalist because I do not have a real suit and This
• 1:25:13
  is why we can't have nice things.
• 1:25:15
  Yes this is true fail. See, I give these memes a having
• 1:25:19
  on the timeline. Yes.
• 1:25:22
  OK, let's see. Is there more meme review
• 1:25:29
  scores? No.
• 1:25:30
  Apparently no more on YouTube. Let me check Rumble real quick,
• 1:25:34
  OK? This audio is like, is literally
• 1:25:36
  going like this, like it's going up, it's coming down.
• 1:25:40
  All right, yeah, that's getting it all right.
• 1:25:43
  Meme review on Rumble shuts on their normal tacos, he goes.
• 1:25:46
  I give those memes 1/2 can of Clare Bronze sparkling water
• 1:25:54
  from Wisconsin, the Badger states.
• 1:25:57
  I must try that. OK, Clare bronze.
• 1:26:00
  I'm a sparkling water maxi. I love sparkling water.
• 1:26:04
  All right, guys. Well you did the mean review.
• 1:26:15
  All right guys. We love you.
• 1:26:16
  We appreciate you guys shouts out to you guys Have a good
• 1:26:19
  weekend Sophie. Thank you for showing up.
• 1:26:22
  You know, let let's hope you don't you.
• 1:26:24
  Let's hope your water doesn't break live on the show like mine
• 1:26:26
  did. But shouts out to you.
• 1:26:29
  Have a good weekend. We really appreciate you coming
• 1:26:31
  on the show. It's good to have.
• 1:26:34
  It's good actually. I don't know if you saw the
• 1:26:36
  comment earlier. Someone said like, wow, Nico's
• 1:26:38
  wife is a real professional. She's really good at this.
• 1:26:41
  So people love you on the show. Thanks for coming on the show.
• 1:26:45
  We will probably be missing Sophie soon enough.
• 1:26:48
  She will have some baby duties. But once you're back, once
• 1:26:52
  you're ready to go, we'll bring her back on the show.
• 1:26:54
  Really appreciate you. Thank you guys.
• 1:26:57
  Have a good one guys. And so have a good rest of your
• 1:27:00
  day, guys. You already know the deal.
• 1:27:02
  It's the Friday show. We'll be back Monday, 12:15 PM
• 1:27:05
  Eastern Time with the breaking news, the memes, and the
• 1:27:09
  culture. Because we are the number one
• 1:27:12
  source for the Bitcoin revolution, the peaceful Bitcoin
• 1:27:15
  revolution. We will be covering the
• 1:27:16
  separation of money in state. We love you.
• 1:27:19
  Share all Bitcoin content like Squirt, subscribe, share all the
• 1:27:23
  YouTube things and we will see you on Monday.
• 1:27:27
  Have a good weekend. Get outside, get off Twitter, go
• 1:27:31
  touch some grass, eat some good food.
• 1:27:33
  Hang out with the people you love.
• 1:27:34
  This is the way. Make sure you are mentally in
• 1:27:37
  the game. Mentally and physically in the
• 1:27:40
  game. We have a long road ahead of us.
• 1:27:42
  This is a marathon, not a Sprint.
• 1:27:45
  But remember, guys, we are winning.
• 1:27:52
  You're against Bitcoin. You're against.
• 1:27:53
  Freedom. All right, Peace out guys.
• 1:27:55
  Have a good rest of your day. Have a good weekend.
• 1:27:58
  We will see you on Monday actually.
• 1:28:01
  Actually though, check the timeline.
• 1:28:03
  Russian's going to drop some heat for you guys and you are
• 1:28:06
  into the deal. We don't stop here on simply
• 1:28:08
  Bitcoin. Peace out.