Latest / Simply Bitcoin / This CONFIRMS That it Was ALL Planned!!! | EP 1413
Transcript
- 0:00Literally hours ago we got confirmation that Wall Street
- 0:03Wall Street's attack on Bitcoin has been completely coordinated.
- 0:07JP Morgan has spent the past three months loudly warning that
- 0:11MicroStrategy would be delisted from Morgan Stanley stock index.
- 0:15Now we have officially found out that that was all fake news.
- 0:20But before we get to that huge news story, just ask yourself,
- 0:24was all of this manipulation in 2025 a part of the bigger plan
- 0:29to crash Bitcoin so that Wall Street could buy cheaper Bitcoin
- 0:33and launch their Bitcoin products at the low?
- 0:37I think that that question answers itself at this point.
- 0:40But anyways, what am I talking about?
- 0:43Let's get into the source material first and foremost.
- 0:46We're going to start the saga here for you guys, which we
- 0:50covered this on the show a while ago.
- 0:53It was very interesting what happened.
- 0:54This all was also very clearly aligned with the last two dumps
- 1:00in Bitcoin, specifically the October 10th drop.
- 1:03So here's from Yahoo news. They're quoting crypto news.
- 1:06It goes JP Morgan accused of manufacturing the October 10th
- 1:09crash using a 42 day old document.
- 1:13If you guys don't remember that saga, you didn't watch that
- 1:16show. Essentially, JP Morgan came out
- 1:19and was talking about, oh, hey, there's this big concern about
- 1:22strategy being the Morgan strategy, Morgan Stanley Market
- 1:26Index, and they were talking about the potential fallout,
- 1:29what this would mean, how this is super bad.
- 1:33And then coincidentally, 2, I think it was literally 2 days
- 1:36later they launched JP Morgan, of course, launched A
- 1:40MicroStrategy copycat. So here we go.
- 1:43This is old news at this point, but this does set the stage for
- 1:47what we've seen happen just yesterday.
- 1:49So JP Morgan accused of orchestrating the October 10
- 1:52crypto crash by recycling, of course, an old letter warning of
- 1:56MicroStrategy delicking risk and triggering a $19 billion
- 2:01liquidation cascade, Which is there's a lot of the stuff we've
- 2:04been seeing and hearing not only from JP Morgan, but from Larry
- 2:08Fink himself essentially saying that, hey, bitcoins not going
- 2:13away. But the only problem right now
- 2:15is that the market is being driven by all of the leverage in
- 2:19the market, which if you're reading between the lines, was
- 2:23obviously a cue of saying we're going to liquidate all of the
- 2:27leverage in the market, basically reset the market and
- 2:31then we can start running again. Now, of course, there's still,
- 2:35there's still some debate on whether we are out of the woods
- 2:38so far. You know, I do have Nico here.
- 2:40Nico, Nico's still on the boat that yeah, we're we're
- 2:43definitely in a bear market. I'm like, bro, we're not.
- 2:46The sideways action is playing out exactly as I said it was.
- 2:50But that's the first story. So that's kind of setting the
- 2:53stage for what we're talking about here.
- 2:55Now, another interesting aspect of this is that when Saylor
- 3:01responded to this, he basically, you know, made the case that,
- 3:04yeah, strategy should stay in this index.
- 3:07We aren't concerned about this. And then of course, shortly
- 3:12after JP Morgan came out with what I've been calling a pseudo
- 3:16strategy product, a pseudo micro strategy product or a Michael
- 3:21Saylor copycat product. Literally at the exact bottom,
- 3:24it was like 80 K when JP Morgan came out and said, hey, you
- 3:27know, yeah, they're maybe all these concerns with strategy.
- 3:30But look at us. We're doing this as well.
- 3:32Trust us. Jamie Dimon's like, hey, trust
- 3:34me, bro. You know, I'm Jamie Dimon.
- 3:36Of course I know what I'm doing in the market.
- 3:39Another is interesting kind of tidbit of this saga is for the
- 3:43last month or so, we've seen Sailor pop around to, if not
- 3:47both of these banks, at least one of these banks taking photos
- 3:51and selfies at, you know, what look like the JP Morgan
- 3:54headquarters. I'm still not sure if he was at
- 3:57the Morgan Stanley headquarter for the JP Morgan headquarter in
- 4:00New York, but he was making the rounds, which now that we have
- 4:05found out what just happened yesterday, it all makes you
- 4:09wonder what is exactly going on. Again, my thesis has been pretty
- 4:13clear. 2025 is the year that all these big banks and institutions
- 4:17can finally get into Bitcoin, which it's not a coincidence
- 4:21that they all essentially entered Bitcoin at 100K.
- 4:24They want to get a good discount.
- 4:25They're literally unloading these Bitcoin products at the
- 4:29last bottom around 80 K, and now we find out that all of this was
- 4:33FUD. So here's the, you know,
- 4:35breaking news story. This is the official MSCI
- 4:39announcement. It's a it's like a really,
- 4:42really bad web page. So you know I'm going to
- 4:45struggle a little bit to read this 'cause I got to scroll
- 4:48through it, but just bear with me.
- 4:49So this is an announcement for the MSCI global standard indexes
- 4:54and MSCI again is Morgan Stanley Corporate Corporation corporate
- 5:01Institutional stock Index. I believe that's what MSCI
- 5:05don't, don't quote me on that one, but it's Morgan Stanley's
- 5:07stock index. Anyways, it goes, MSCI announced
- 5:10his results of the consultation on the treatment of digital
- 5:13asset treasury companies. MSCI is determined at this time
- 5:17not to implement the proposal to exclude digital asset treasury
- 5:20companies from the MSCI global investable market indexes.
- 5:24There you go. As part of the February 2026
- 5:28index review, however, MSCI intends to open a broader
- 5:32consultation on the treatment of non operating companies
- 5:34generally. This broader review is intended
- 5:37to ensure consistency and continued alignment with the
- 5:41overall objectives of the MSCI indexes, which seek to measure
- 5:45the performance of operating companies and exclude entities
- 5:49whose primary activities are investment oriented in nature.
- 5:53Now there's a little more of this, but we'll go into kind of
- 5:56what they're going to be looking at and it goes for the time
- 5:59being. The current index treatment of
- 6:01digital asset treasury companies identified in the preliminary
- 6:04list published by MSCI of companies whose digital asset
- 6:08holdings represent 50% or more of their total assets will
- 6:11remain unchanged. Digital asset treasury companies
- 6:14currently included in the MSCI Index will continue to be
- 6:17included, provided they continue to meet all the other index
- 6:20inclusion requirements. MSCI will not implement
- 6:24increases to the number of shares for an inclusion factor
- 6:27or domestic inclusion factor for these securities, and MSCI will
- 6:31defer any additions or size segment migration for all
- 6:35securities included in the Preliminary list.
- 6:37MCI may update the preliminary list as necessary to reflect
- 6:41relevant changes in company disclosures related to digital
- 6:44asset holdings. So essentially they're not doing
- 6:48anything. They're, well, literally not
- 6:50going to do anything. They're not going to, you know,
- 6:52increase the, the size of strategy or any of these digital
- 6:57asset treasury companies in the index, even if they do better in
- 7:012026. But they're also not going to
- 7:03kick them out. They're they're basically just
- 7:04going to freeze them where they are right now and and here's
- 7:08strategy or MicroStrategy, whatever you want to call it,
- 7:11here's their response. MSCI confirm digital asset
- 7:14treasury companies will remain in the MSCI index for their
- 7:17February 2020 sixth review, a strong outcome for neutral
- 7:20indexing and economic reality. Thank you to our investors and
- 7:24the Bitcoin community. So that's the initial kind of
- 7:28saga here before I kind of give you some of the, you know,
- 7:33Bitcoin Twitter takes of all this.
- 7:36I think it's, it's very clearly at this point been proven, been
- 7:41confirmed that there is some shenanigans happening from Wall
- 7:45Street. I've been kind of hinting to
- 7:48this actually. I've been way more direct than
- 7:50just hinting at it. It seems very obvious what's
- 7:52going on. Wall Street is playing Wall
- 7:55Street games. They come into a tiny market.
- 7:58They obviously want to do whatever they can to accumulate
- 8:01as much as they can in this market before the price goes up.
- 8:05And and it makes you wonder, was 2025 the bear market induced
- 8:10because of Wall Street playing games, whether it was James St.
- 8:14shorting at 10:00 AM every morning, whether it was, you
- 8:17know, some kind of agreement with market makers so that
- 8:22BlackRock, JP Morgan, all of these banks can get positions it
- 8:26for their ETFs or other products.
- 8:28And I think another little wrinkle that is super
- 8:31interesting is yesterday we just saw as well Morgan Stanley file
- 8:35for their own spot Bitcoin ETF. So as much as we were pointing
- 8:41at just maybe BlackRock or, you know, rather Larry Fink or Jamie
- 8:46Dimon and JP Morgan as being the, you know, the source for
- 8:50the manipulation, it's starting to become maybe a little broader
- 8:55than just those two monoliths, those two, you know, megalodons
- 9:00in Wall Street. It seems to be coming from
- 9:02almost everyone on Wall Street, which at this point, guys, are
- 9:05we really surprised? Look, Bitcoin's been
- 9:09outperforming Wall Street for the last 17 years.
- 9:12They just were able to get into Bitcoin at 100K.
- 9:14They got a 30% discount on it. It just seems like a, it seems
- 9:19honestly, as much as I'm a Bitcoiner and you can call me
- 9:21whatever you want, it seems like some smart, some smart market
- 9:25making here. They're like, look, we get in
- 9:26100K. We don't want this to run before
- 9:29we have a position to unleash our products.
- 9:31Obviously, before they got all of the regulatory clarity, it's
- 9:36pretty safe to assume they were having these conversations and
- 9:39talking and building these products.
- 9:41As we've been hinting and showing you guys on the show,
- 9:43the institutions didn't get scared out of Bitcoin in 2025.
- 9:47It seems like they were just planning themselves in the right
- 9:50position to take advantage of what happened in 2025 in Bitcoin
- 9:54in the price while everyone was freaking out expecting either,
- 9:57you know, huge parabolic runs or expecting the four year cycle to
- 10:01play out. Exactly.
- 10:03Hence why I've been saying I think the institutions entering
- 10:06Bitcoin, for better or worse, they fundamentally change what
- 10:10happens in Bitcoin. Now I know Nico's a little still
- 10:13on board that four year cycles playing out, which to this
- 10:16point, he's not wrong, but I am starting to warm up and and you
- 10:19know, start to take my victory lap here.
- 10:22I feel like I'm I'm going to be vindicated here soon, Nico.
- 10:25So but it's very clear from my opinion, if you survive 2025, if
- 10:30you've been stacking in 2025, you may have just stacked
- 10:34through the the biggest head fake of Bitcoin in in recent
- 10:39memory. The institutions came in, they
- 10:41tried to kneecap Bitcoin so they get a good position.
- 10:44They launched their products. It's literally playing out
- 10:46exactly like the billionaire Fudd playbook that I've been
- 10:48talking about for years now. You say, hey, Bitcoin's bad.
- 10:52I don't like it. You kind of FUD it.
- 10:54Then you accumulate or you launch products for Bitcoin and
- 10:58then once you're ready, it's go time and you're ready to just
- 11:01send all of the capital into Bitcoin.
- 11:03To me, it seems very obvious that this is what's playing out
- 11:06currently. But I, I will, I do have some
- 11:09some Bitcoin Twitter takes on this that we will kind of talk
- 11:12about in a minute. I will pass this to Nico.
- 11:15Nico, can we very clearly say that Wall Street has been
- 11:19manipulating Bitcoin all year long and also specifically
- 11:24trying to destroy strategy? Well, I have AI have a good
- 11:27friend. Well, the destroying strategy
- 11:29thing is not a thesis anymore like that was we caught them
- 11:33dead to rights right like JP Morgan, Jamie Dimon was
- 11:37literally, you know fudding strategy in every single way.
- 11:41You know, they were shorting strategy and then within a week
- 11:46they coincidentally announced that they were launching a
- 11:50Bitcoin related product that was going to compete with strategy.
- 11:54So that I don't think is AI, don't think that's a theory
- 11:58anymore. I don't think that's a
- 11:59conspiracy. That is you can't catch them
- 12:03more dead to rights. Also, I found it kind of
- 12:06interesting that you saw a picture of Michael Saylor at the
- 12:10JP Morgan headquarters in New York City.
- 12:12A lot of people were doing the Geo tracking.
- 12:15You could see the Central Park in the back background and like,
- 12:18people were basically, you know, coming to the conclusion that,
- 12:21yeah, the that was the JP Morgan headquarters where Michael
- 12:25Saylor was. So again, there's definitely
- 12:27some things happening in the background.
- 12:29Now, the first part that you brought up, which is like, has
- 12:33Wall Street been manipulating Bitcoin?
- 12:35Now, I had, I brought this up to a friend who worked in
- 12:40traditional banking. He like came from that industry.
- 12:43And I, I brought up that narrative to him.
- 12:46I'm like, dude, like they're manipulating the price and he's
- 12:48like Nico, like what are you talking about?
- 12:50Like this is what they do. This is not manipulation.
- 12:53Like this is this is Wall Street doing what Wall Street does
- 12:56best. Now, again, from a Bitcoiners
- 13:00perspective, because me and Opti, you know, got introduced
- 13:04to the financial markets through Bitcoin versus a lot of people,
- 13:08especially a lot of people that watch us, they got introduced to
- 13:10Bitcoin through traditional markets and then they got they
- 13:14ran into Bitcoin, right? So it was this kind of like, you
- 13:17know, one thing follows the other rather than we were forced
- 13:23to learn traditional markets just to kind of do a good job
- 13:25for you guys and to talk about it.
- 13:28But initially we were just Bitcoiners.
- 13:30We were the huddling Bitcoin, you know, we learned how to take
- 13:33self custody and then number go up.
- 13:36Now that Wall Street's kind of involved, it's become a much
- 13:38larger asset. The number go up thing has kind
- 13:42of really gone by the wayside. 2025, no matter how what, how,
- 13:48how you cut it, how you approach it, how you see it, It was a it
- 13:52was a terrible year for Bitcoin. It was down 8% on the year.
- 13:57Gold was up 63%, silver was up 123%.
- 14:02And the S&P 500, I don't know what it was up.
- 14:04It was like up like 30, like 20 or 3030%, right?
- 14:08So no, no matter how how you want to cut it or slice it or
- 14:13frame it, 2025 was a bad year for Bitcoin.
- 14:17Now, if you're a believer in the four year cycle theory, we're
- 14:21still following it to the T, right?
- 14:23We peaked in October of 2025. We have yet to hit an all time
- 14:28high. My base case is I think we're
- 14:31going to bottom out in the next couple of months or so.
- 14:34And then I think in the, I think 2026 is going to be a green year
- 14:37because the theory would be, do I believe that Bitcoin is going
- 14:42to be higher than $87,000 at the end of 2026?
- 14:46That's the theory. Of course it is.
- 14:49I, I, I would be very, very surprised if Bitcoin was below
- 14:54$87,000 at the end of 2026. But that doesn't mean that
- 14:58you're not going to have this crazy volatility in the middle
- 15:02of 2026. Now, another thing that I'll add
- 15:05to this as well is going back to your initial question regarding
- 15:09Wall Street manipulating and packing their bags.
- 15:12Wall Street is paying their dues.
- 15:14This is the the epoch that Wall Street pays their dues like like
- 15:20Michael Saylor and like Naimbu Kelley.
- 15:22This is the epoch that Wall Street pays their dues.
- 15:25And when Wall Street pays their dues and they realize that they
- 15:28made an amazing investment in Bitcoin, I think you're just
- 15:32going to see, you know, a bulls on parade, man.
- 15:36You're just going to see a Stampede of, of companies of of
- 15:41traditional companies that otherwise would have no interest
- 15:44in Bitcoin. All of a sudden you're just
- 15:46going to see them wanting to get some Bitcoin.
- 15:48And I kept talking to someone again, experience from like the
- 15:52corporate world, Fortune 500. And he kept telling me, he's
- 15:55kept saying this to me over and over again.
- 15:57One of the two things that stuck out to me were, listen, Nico, I
- 16:01think it's just a matter of time before the US government
- 16:04announce it. That announces that it's been
- 16:06accumulating Bitcoin. That's thing number one that he
- 16:08told me and thing #2 that he told me was like, look, I think
- 16:13people and companies in the world still have not truly
- 16:17appreciated Bitcoins absolute scarcity because if they have,
- 16:22then then it would be a totally different conversation.
- 16:24So I don't think, I think calling it manipulation would be
- 16:28the wrong word. I think Wall Street is doing
- 16:32what Wall Street has always done right.
- 16:35And it's to just make money off of retail, right?
- 16:38And I, I, I think and they've definitely.
- 16:40Made a lot of money off these ETFs.
- 16:42Yeah, and I mean, like last year, like there were so many,
- 16:46you know, the, the, the Trump's family, you know, has so much
- 16:53involvement in the sector in the space.
- 16:56And there is so many times where Bitcoin started to run.
- 16:59There was 2 times last year where Bitcoin started to run.
- 17:03It was doing fine. And then Trump would like fat
- 17:06finger on truth social talk about tariffs and all this stuff
- 17:10and the price would dump like 2030%.
- 17:12So like, you know, it's kind of like, you know, before they
- 17:16captured Maduro, there was this Poly market bet, right?
- 17:20Where someone bet like 30,000 that Maduro was going to be
- 17:23captured by the end of of January 31st.
- 17:27Whoever that person was made like, hey yo.
- 17:29Baron, let me get some tips bro. They.
- 17:31Made like they made like 4 or $500,000 off a $30,000
- 17:36investment. So they, they made a fortune.
- 17:38Now I'm they could have gone unlucky or they just they knew
- 17:43somebody that knew somebody, right.
- 17:45So again, like I, I don't like look, if you're saying oh Nico,
- 17:51that's unethical, fine, you can make an argument for that.
- 17:53Whatever. I don't I disagree, but you
- 17:56know, this is what all of do you think Nancy Pelosi is the most
- 18:01successful stock trader of all time just because she's like the
- 18:05next Warren Buffett? No, like, no, she's.
- 18:08Outperformed Warren Buffett. She's.
- 18:09Outperformed Warren Buffett, like, she's worth like $200
- 18:12million. Like, do you think she's worth
- 18:13$200 million? Because, like, you know, she's a
- 18:17fantastic trader. Like you're not supposed to make
- 18:20money in politics. She's made $200 million is
- 18:22'cause she knows some things about what laws are going to get
- 18:26passed and how those laws are going to benefit specific
- 18:29companies. And she knows before the laws
- 18:32are going to get passed. So she knows how to properly
- 18:34position herself. Like, you know, and I think that
- 18:38that could be the case with Bitcoin.
- 18:40Like you have Bitcoin now in the highest halls of power, right?
- 18:44You know, you have Howard Leupnick who's a huge fan of
- 18:47Bitcoin. Like he saw him on on on Anthony
- 18:49Pompliano's podcast talking about how, you know, he has
- 18:54plans to buy 10s of $1,000,000 worth of Bitcoin, hundreds of
- 18:57millions of dollars of worth of Bitcoin.
- 19:00And he is the secretary of Commerce, right?
- 19:02You have Trump's family, Trump himself like 8th largest Bitcoin
- 19:06treasury company. Trump's family is involved in
- 19:09the Bitcoin mining industry. Like to think that they don't
- 19:13want number to go up is extremely naive.
- 19:16And I think 2026, because the midterms are really around the
- 19:20corner and in less than a year, I think that it's in Trump's
- 19:25best interest to really make number go up because that's the
- 19:28only promise from Nashville that he hasn't completed yet.
- 19:33Because I'm still waiting for my bags to get pumped.
- 19:36President Trump and they haven't been pumped yet.
- 19:39But other than that, everything has been, you know, everything
- 19:42has been good. Now I, I last thing I'll say
- 19:44because I know I've been rambling for a while, is I got
- 19:47to give a shout out to Rumble. Rumble just announced their
- 19:51their non custodial wallet today so you could tip us on Rumble.
- 19:55We we already got our first Bitcoin tip on Rumble.
- 19:59You could tip us on Rumble right now.
- 20:01Someone just sent us Bitcoin. Thank you and.
- 20:06Maria Foreman shouts out the first tip.
- 20:09We just got, we just got our first tip on Rumble.
- 20:11So Rumble just launched a non custodial Bitcoin and Tether
- 20:15wallet. So you can tip us directly to
- 20:20our Rumble wallet. If you're a fan of the show, big
- 20:23shout out to Tether and for Rumble for rolling this out.
- 20:27And again, I get the key part here is that it's a non
- 20:30custodial wallet, right? So there's no third party
- 20:33interference. The assets can't be seized, the
- 20:37money can't be seized. It goes to it goes to the
- 20:39creator. Very, very empowering.
- 20:41And then I think that's what's gonna potentially put pressure
- 20:45on competitors to, you know, kind of get their act together
- 20:50and say, hey, listen, we kind of have to roll something out,
- 20:52right? Market forces do what market
- 20:54forces do best anyways. Pass it back to you, Opti.
- 20:58Yeah, man. I mean, look, I know you're
- 20:59feeling bullish for 2026, but I think you're crazy bro, because.
- 21:04Well, I I definitely am crazy so.
- 21:06The four year cycle's intact. It hasn't changed.
- 21:10I mean, it literally has though. How so?
- 21:16All time high before the having. OK.
- 21:19No 3 green, 1 red. OK.
- 21:22That's like the main part about it, which we got 2 green, one
- 21:26red and so does that mean we're going to see 2026 red or green,
- 21:32therefore invalidating the meme aspect of the four year cycle
- 21:37Though I do, I have been kind of conceding to the point that 18
- 21:42months after the halving we did get an all time highs.
- 21:44So you know that's the case we we hit we did get one of the
- 21:48factors. So it just it really depends on
- 21:50what are we talking about as the four year cycle.
- 21:53Now if that was the bear market, I'm totally OK with this.
- 21:58Maybe Sailor was right that the volatility is going down and
- 22:00we're not getting crazy bear markets again.
- 22:03But my more like institutional take on this that things have
- 22:08changed essentially since the ETF has came out and launched
- 22:11and that that thesis is still kind of holding up that we kind
- 22:15of will bubble up, we'll pull back, we'll go sideways and then
- 22:18we'll make another step up. It's kind of like a slinky right
- 22:21now. So I'm not completely vindicated
- 22:23yet, but with the recent price action, maybe not yesterday and
- 22:28today, but it it does feel especially and then also all of
- 22:32the Wall Street products that are being launched, even no, I
- 22:34don't endorse them. It just makes me feel like, like
- 22:38you said, you know, 2026, they're going to run the money
- 22:40printer extremely hot. All that extra liquidity is
- 22:44going to have to find a home and I think it's going to hit
- 22:46Bitcoin. Now we could, you know, have a
- 22:48blow off top and then come back down maybe to these prices or a
- 22:52little higher or something like that.
- 22:53But in my opinion, I think the four year cycle's already
- 22:55broken. Yeah, I mean, OK, so let's go
- 23:00step by step on what you just said.
- 23:02The meme is definitely invalidated 100%.
- 23:05I agree with you there. The all time high before the
- 23:09halving you can say that is some type of invalidation.
- 23:12I think the the two year the 2 green one red like that is
- 23:17weird. Like, that's strange, right?
- 23:19That's literally the four year cycle meme though.
- 23:22But three green, one red didn't have it.
- 23:24But the timing, the timing. I'll give you that the timing is
- 23:27the timing. Is still.
- 23:28The timing is still intact. 4 Chan's Wizards knew it so.
- 23:32For anyone doesn't know right, the the timing between the
- 23:35halvings hasn't broken in terms of when the bottom is and when
- 23:39the peak is, right? And it's followed this
- 23:42consistent pattern of I don't know how many months and this
- 23:45cycle has been no different. We peaked in October.
- 23:49I think it's 18 months after the halving is usually the all time
- 23:52high. I think that's kind of like.
- 23:53The main, and it could have like honestly too like what could
- 23:56have like thrown us a curveball is the fact that we peeked at
- 24:01the having like this could have been like a cycle where most of
- 24:06the gains were actually in the beginning of the cycle rather
- 24:09than towards the end of the cycle.
- 24:12How you how cycles normally play out.
- 24:13And another thing I'll like to say is everyone wants the 2017
- 24:18parabola. Like that is what everybody
- 24:20remembers. That's when Bitcoin went
- 24:22mainstream. But if you look at every single
- 24:26one of Bitcoin's havings, whether it's 23rd or or
- 24:29Parabolas or Euphoria years, whether it's 2013, 20/17/2021 or
- 24:352025, they've all played out different.
- 24:39The only textbook Parabola year that we've ever had was
- 24:4320/17/2013. We had like 2 double tops.
- 24:46We had like a double tops. You can argue the 2013 it.
- 24:51Was a double top. It was we had.
- 24:53One Oh yeah, yeah, yeah. And.
- 24:54Then it went down, and then it had another peak, and then 2017.
- 24:57It did go parabolic though. It went.
- 24:59Parabolic. It was 2 parabolic double tops
- 25:02and then 2017 was one giant parabola and then 2021.
- 25:08What my my base case is that it was cut short because of the
- 25:11Chinese Communist Party ban on Bitcoin mining.
- 25:14But regardless, you did have some type of peak and then and
- 25:19then the 2025 threw a curveball to everybody because everybody
- 25:25got caught with their pants down like everybody like scratching
- 25:29and hoping for, you know, a a dopamine hit and just we never
- 25:34got it just never came to fruition, bro.
- 25:37So I don't know, man. Let's see what hold on even even
- 25:42further. I I think honestly, like I, I
- 25:45know what you're saying, but I think you made my point for me.
- 25:48We we don't even have that much data to even even believe in the
- 25:51four year cycle. And yet we all did believe in
- 25:53the four year cycle. It's like we had 114 year cycle
- 25:57play out perfectly with 2017, though it it all played out
- 26:02three green one red. That didn't happen.
- 26:04So anyways, anyways, let's let me let me pull up some of these
- 26:08kind of takes on Twitter. There's a few good ones.
- 26:10Someone spicy here. I I'm going to start with the
- 26:12spicy one because this one is super interesting to me.
- 26:16So shouts out to Marilyn Hoddle here he's quote tweeting the
- 26:21Bitcoin mag tweet about this about the you know, strategy not
- 26:26being pushed out the MSCI index and he goes, it was all about
- 26:31Wall Street positioning keep MSTR keep strategy contained,
- 26:34engineering new Bitcoin based structured products to compete,
- 26:37suppressing the Bitcoin price long enough to fund and
- 26:40distribute them and delaying recognition of stretch as an
- 26:43unstoppable conversion mechanism.
- 26:45This is where it gets spicy. All right, this these aren't my
- 26:48words. This is a tweet and it goes.
- 26:49The only real question was whether sailor was in on it,
- 26:52whether government fingerprints were involved or whether this
- 26:55was simply Wall Street doing what it always does.
- 26:57At this point, it doesn't matter.
- 26:59We know where the puck is going. Congrats to those of you that
- 27:02survived the great Bitcoin head fake of 2025.
- 27:07Kind of spicy take there. I, I, I love a little spice.
- 27:11Here's a probably a more you know what, what do you call it?
- 27:16Measure take a more kind of neutral take.
- 27:19And he goes, basically, this is James E Thorne, Doctor J
- 27:23strategy on Twitter. And he goes, Yep, they're up to
- 27:26their old tricks. Yes, strategy is allowed to stay
- 27:28in the MSCI index, but under the surface, games are still being
- 27:32played to suppress Bitcoin in digital assets.
- 27:34MSCI move exposes how the status quo still quietly works to
- 27:38suppress Bitcoin. By freezing index driven upside
- 27:41while avoiding an explicit ban, they blunt the reflexive benefit
- 27:45fits of corporate Bitcoin adoption.
- 27:47This is framed as risk management but functionally
- 27:50protects legacy financial structures from a credible
- 27:53alternative. Did MSCI really think we would
- 27:56not read the fine print? This is probably like the best
- 27:59take of this, a more measured take of it.
- 28:02And then we got one last one we got James van Stratton.
- 28:06Oops, sorry, James van Stratton from Coindesk and he goes the
- 28:11game is rigged. The October liquidation crash
- 28:14was completely fabricated. It was all a chance for the big,
- 28:18big boys to get in lower, which is kind of my take that that's
- 28:22kind of what I've been seeing and what I'm viewing this as.
- 28:25But I, I think very clearly we, we can all agree that there is
- 28:30some shenanigans going on. And I think the, the more
- 28:35measure take is probably like the signal through the noise.
- 28:38Of course, I throw in some spicy memes in there.
- 28:41But as I've been saying the last couple of days, it is very clear
- 28:46that these institutions are begrudgingly accepting Bitcoin.
- 28:50They're not here for, you know, the Bitcoin revolution like we
- 28:53are. They don't really care to
- 28:55huddle. They're just here because, one,
- 28:57of course, clients are probably asking about that.
- 29:00And two, the greed's taking over, which is the aligned
- 29:02incentive to Bitcoin. They've looked at Bitcoin for
- 29:06the last 17 years and they're like, damn, we literally missed
- 29:09out on the best performing asset because we all thought we were
- 29:12too smart and we all thought this thing was going to go away.
- 29:15And now it's not. Now the president is embracing
- 29:18it. We have to embrace this whether
- 29:20we want to or not. And I think Vanguard was like a
- 29:22perfect example of this. The old CEO was like, we're
- 29:26never Vanguard's never going to have the Bitcoin ETFs, you know,
- 29:31a short time after they booted him out.
- 29:33And who did they bring in? The literal guy who launched the
- 29:36BlackRock Bitcoin ETF as the head of Vanguard shortly after,
- 29:40you know, towards the end of the year, they're like, OK, actually
- 29:44guys, we're we're going to launch the Bitcoin ETF.
- 29:46So a lot of shenanigans playing out, But I, I think it's very
- 29:50clear that they want a good position in Bitcoin and I think
- 29:53that's what's going on, hence why I'm starting.
- 29:56I'm still bullish. I'm like, yo, they're going to
- 29:58send it like they're not going to have, we're not going to have
- 30:00two red years. You know, if we do, hey, I'll be
- 30:04wrong. Like I was wrong this year.
- 30:05You guys have been calling me wrong in the chat all the time.
- 30:07Yeah, I was completely wrong last year.
- 30:09I did not factor in that. JP Morgan, Black Rock, Morgan
- 30:13Stanley and all of Wall Street wanted to get cheaper sets.
- 30:17OK, I sorry, you know I'm not an all seeing person here.
- 30:22I just been reading what's going on.
- 30:24I'm following it along like you guys, but I think 2026 they're
- 30:27going to send it is my take. Especially with the midterms
- 30:30coming up, especially knowing the macro factors, knowing
- 30:33they're going to run the money printer.
- 30:35The Fed just started expanding their balance sheet which is
- 30:37literally QE without saying QE. I'm like bro, they're just going
- 30:41to send it like they they have to.
- 30:43I mean, look, my base case is I think we're going to, I think
- 30:46we're going to bottom out towards the middle of the year.
- 30:50And then I think we're going to like, do I think that Bitcoins
- 30:53going to be lower at the end of 2026 then $87,000?
- 30:59No, if it's not lower then it's a green year, right?
- 31:02Like that's it's just. Going to be like it's going to
- 31:04be 8888 by the end of the year with some licks.
- 31:06If it's 90 Ki am I am bullish? I am bullish heading into
- 31:1120272028 and 2029 I'm. Extremely.
- 31:15I can't believe we're just completely skipping over 26 bro.
- 31:18Extremely bullish heading into those years because again, the
- 31:21longer Bitcoin consolidated in 2025 was a distribution slash
- 31:25consultant validation year. I think the, the more explosive
- 31:30upward movement is when it eventually comes.
- 31:33I, I, I don't think bitcoins parabolas are behind it.
- 31:36I still think Bitcoin has parabolas and it's in in its
- 31:40future history. I, I just don't see that like
- 31:43like going I just, I just don't see that going away, man.
- 31:46I don't see that going. Away.
- 31:47Yeah, someone, someone goes. Guess we're just here for the
- 31:50entertainment value now because there's no more number.
- 31:53Go up. I mean, we, we literally label
- 31:57ourselves as entertainment. So anyways, it's over bro.
- 32:01The over guys. It's going to be an incredible
- 32:06show. Thank you guys so much for
- 32:09tuning in. I do want to give a shout out to
- 32:10the YouTube audience, to the Rumble audience, to the X
- 32:12audience, and of course, if you're watching us later on DVR
- 32:16or if you're watching us on the podcasting platform.
- 32:18On what? DVR?
- 32:19Yeah. The DVR bro, I'm old.
- 32:22Man, dude, no one's. Watching us on DVR, Yeah.
- 32:24Bro. If they're watching, if they're
- 32:26watching the show not live, that's DVR.
- 32:29It's called Replay. OK, yeah, you're watching the
- 32:33replay of the show. Shout out to you smash the like
- 32:36button, consider subscribe, hit that subscribe button, hit that
- 32:40like button and again, check out Rumble.
- 32:42You can tip us directly and Bitcoin and USDT.
- 32:46It's it's fantastic. It's awesome.
- 32:48Highly recommend it. Anyways, guys, wait, wait, wait.
- 32:51Before we go, guys, you got to stick around.
- 32:54We're going to have Larry Lepard jump in in the culture today.
- 32:59Just jump in hot. Hopefully it worked for you
- 33:01guys. He's going to give us some
- 33:02market analysis, what he's viewing.
- 33:05You guys gotta stick around for the rest of the show.
- 33:07Absolutely. So Larry Laparde is gonna be
- 33:09joining us a little bit later during the culture segment at
- 33:132:00 PM. So in half an hour, Larry
- 33:15Laparde's gonna be joining us. John from Bitcoin Day is gonna
- 33:18be joining us as well. We have a packed show of a clip
- 33:21of Arthur Hayes calling for $576,000 Bitcoin by the end of
- 33:262026. I had to add some bull sauce and
- 33:29Opti's here and then. Wow, he's getting.
- 33:31Bullish. And then during the new segment,
- 33:33we're gonna be talking about the significance of the the rumble
- 33:35bought wallet. This is Trojan horse Trojan
- 33:38horsing the normies into Bitcoin adoption.
- 33:42They built it in a non custodial fashion.
- 33:44I had the pleasure. I had the honor of being able to
- 33:47interview the rumble CEO, Chris Pavlovsky and Lugano and we we
- 33:53we had a chance to talk about all that stuff.
- 33:55So anyways, guys, you're going to want to stay tuned.
- 33:57It's going to be an incredible show.
- 33:58I don't know if I'm going to be here for the rest of the week,
- 34:00guys. My I'm the birth of my daughter
- 34:03could have happened any day now. So Opti's going to be holding it
- 34:06down till I come back. But I had to join today's show
- 34:09anyways, guys, stay tuned. We're going to be right back in
- 34:12just a little bit. Today's episode is brought to
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- 36:25We are back. Whoa, what happened?
- 36:27There we go, we are back. We already got like $10 on
- 36:31Rumble people. Literally tipping us Bitcoin,
- 36:35which is fantastic, which is awesome.
- 36:37I do want to give a shout out to our special guest.
- 36:40We have John from Bitcoin Day joining us.
- 36:42John, how you doing? I'm doing great.
- 36:44How are you, Nico? Thank you for joining us.
- 36:46Later on during the culture segment, ladies and gentlemen,
- 36:49we're going to be talking about Bitcoin Day.
- 36:51It's coming around. It's, it's literally like 10
- 36:53days from now. It's going to be happening in
- 36:56Naples. So you definitely don't want to
- 36:57miss it. We're going to be talking about
- 36:58all things Bitcoin Day during the culture segment.
- 37:01But before we get into that, let's get into the numbers.
- 37:03At the time of recording, Bitcoin price is $91,290.00
- 37:07block height 931,301 market cap 1.82 trillion Bitcoin versus
- 37:14gold market cap 5.72% Declined from all time high -27.6%.
- 37:20The grand scheme of things, we are just getting the party
- 37:23started. Anyways, I told you guys I had a
- 37:25clip from Arthur Hayes calling for $576,000 Bitcoin by the end
- 37:31of 2026. That is effing bonkers.
- 37:35Let's check out the clip and then we'll talk about it.
- 37:38I'm sticking with it. I think I said $250,000 Bitcoin
- 37:41and I am going to stick with it until December 31st. 11:59
- 37:47Pardon me, I tried to make it a little better for you there,
- 37:50Arthur. I tried to say it was 200,000
- 37:52knocked 50 grand off, but you're sticking with the 250 by by the
- 37:57end of 2026. What do you think?
- 38:01I think we're be, you know, 500 to 750,000 Bitcoin, I think 2026
- 38:06and 2027. This is the meat of the money
- 38:09printing the the Trump administration is going to do
- 38:12what they know how to do best, whatever government knows how to
- 38:14do best. When in doubt, print the money.
- 38:16If the people are unhappy, print the money and hand them the
- 38:18goody and they're going to show up with the polls and hopefully
- 38:21vote for you. So that was the base case that
- 38:24we've had for a while now, right?
- 38:28But what I will say is, bro, you and Arthur Hayes would get along
- 38:33really, really well, Opti. Well, you know, I did see some
- 38:36pictures of him over at space a couple of times.
- 38:38So man, you know, you know, maybe we would get along, you
- 38:41know what I'm saying? But $576,000 Bitcoin, his bait,
- 38:47his theory though, is the same theory that we have, right?
- 38:50Which is we, the Republicans that are heading into a midterm
- 38:54year, they're going to get smoked.
- 38:57As things stand, the first year of Trump's presidency wasn't
- 39:01exactly his most popular. He definitely started the year
- 39:05strong with the Maduro thing that that definitely, you know,
- 39:10bumped him up in popularity. A lot of people appreciated
- 39:12that. He definitely won over the
- 39:14Hispanic vote, at least here in South Florida with that move.
- 39:18But I want to see more. I was promised all time highs in
- 39:22Nashville in 2024. Well, he came through with that.
- 39:27Yeah, bro, but it was like he said moon, he said have fun with
- 39:31your I was. Promised 150 early in the
- 39:33presidency. That's what I heard.
- 39:34I was promised a lot more, bro. So I want more.
- 39:37I want more. I want the print that money,
- 39:39print that money. That's what I wanna see.
- 39:41Jerome Powell is gonna get replaced this year.
- 39:44We're gonna have a more, you know, pro Trump Fed chair, which
- 39:48is good. We shall see how that ends up.
- 39:51But anyways, John, welcome to the show.
- 39:54Happy to have you. That prediction is is very
- 39:57aggressive. What?
- 39:59What would you say to that? Well, I mean, it's not as
- 40:01aggressive as some of the other predictions that were missed in
- 40:042025, right? I mean, the what the Samson Mao
- 40:07$1,000,000 prediction was way off.
- 40:10And but yeah, I think that's probably a little aggressive,
- 40:16but you know, I'm not much into price predictions.
- 40:20I just feel like Bitcoin is going to be at some higher level
- 40:30a year from now and it's going to be whatever it is.
- 40:35And I'm not really a price watcher.
- 40:37I, I look at it from the long term perspective, I'm in it for
- 40:42the long haul and I know that if I zoom out, I'm going to see a,
- 40:48an upward curve because the demand is going to continue to
- 40:51increase. And as we do this education that
- 40:55we do and we onboard more and more people and more and more
- 40:58people understand the principles of Bitcoin, the demand is going
- 41:04to continue to increase and that will just drive the price up
- 41:07because of the sound principles of sound money that Bitcoin has.
- 41:12OK, I'll take I'll take that argument at face value, John.
- 41:15But what the F happened in I'm gonna ask, I'm gonna ask Larry
- 41:19this question too. What the F happened in 2025?
- 41:22We got smoked by silver. We got smoked by gold.
- 41:27Literally got smoked by. Everybody, the S&P 500 took us
- 41:30to school. I think it was like the only
- 41:32Christmas where you know that that uncle that you have is
- 41:36like, ha, ha, ha, I got you. So Bitcoin does have all these
- 41:41characteristics, as you said, but why did it underperform in
- 41:452025 and what makes you think 2026 is going to be different?
- 41:51Man, you know, put me on the spot.
- 41:54I am not really an analyst, Nico.
- 41:56So I think that I, all I can tell you is what I'm what I hear
- 42:01from different people. The theory that I think I liked
- 42:04the most is that the set that there's so many institutions, so
- 42:10many large players in the game now that they were suppressing
- 42:15the price to get to the end of the year so they could claim
- 42:19capital losses. And that soon, I mean, it did
- 42:23happen kind of like they, like I heard that as soon as the
- 42:28January hit, we started to see a little bit of a price increase.
- 42:31It's not going up that much, but it's still kind of going
- 42:33upwards. And so maybe that theory is
- 42:36correct. Yeah, let's see.
- 42:39Let's see what happens. I'm I'm, I'm excited.
- 42:42I'm excited about 2026. Look, once we get through either
- 42:45the pain or the boredom, my base case is still 500K by by 20-30.
- 42:52That's my base case. If Bitcoin doesn't hit 500K by
- 42:5620-30 I think we need a new job bro.
- 42:59Oh, it's over dude. If Bitcoin is a stable coin this
- 43:02year, it's over for us without a doubt.
- 43:06So anyways, no, but but let me let me jump in here.
- 43:10Yeah, let me, let me a. Little bit on.
- 43:11That well, I'm just saying look, you know, number number go up
- 43:15drives new people into the space for better or worse.
- 43:18That's just how it works guys like don't shoot the messenger.
- 43:21That's just how it works. We've seen it play out multiple
- 43:24times. That's how I got into Bitcoin.
- 43:26You know, you, you come for the games, you stay for the
- 43:28revolution. That's usually how it works out.
- 43:30So if we don't see price go up, one, there's not going to be new
- 43:37people coming in learning about Bitcoin, 2 Bitcoins not even
- 43:40keeping up with inflation. At that point, we're just
- 43:42getting cooked overall, like everything's everything's
- 43:44broken. But I do want to hit on Arthur
- 43:48Hayes prediction a little bit. You guys know me, I'm I've been
- 43:52the only one bullish on this show throughout the whole year.
- 43:55Even when I was wrong. I'm still bullish on this year,
- 43:58but I'm I'm going to be honest with you, like what do you say
- 44:01575 by end of year like that? That's crazy talk in my opinion
- 44:05like hey, I'd love to see it. I do agree with this thesis.
- 44:11I think that is exactly what's going on.
- 44:13And that's why I am maintaining my bullishness is because, as he
- 44:18essentially said, the Trump administration is going into a
- 44:23midterm and, you know, he's not running again after the midterm.
- 44:28So, like, this is kind of his last hoorah.
- 44:31And if he does, if the Republicans do not maintain
- 44:33control during the midterms, like this whole presidency, his
- 44:39second term is just completely. Cooked dude.
- 44:41He said it at the GOP House retreat.
- 44:44He literally bro. By the way, you guys have to see
- 44:46this speech because me and Opie were just literally dying of
- 44:49laughing. Oh yeah, the one this morning
- 44:51was insane. That was that was insane.
- 44:55But that was part of his speech. But anyways, Trump was making
- 44:59the case that, look, here's the thing, if Trump doesn't keep the
- 45:05House, they're going to impeach him again.
- 45:07Yeah, it's over. It's not like they're going to
- 45:09impeach him to get him out of office, but they're going to
- 45:11impeach him to impede his presidency, right?
- 45:14So he really had these two years to make a mark.
- 45:17The first year, I'll give him AC plus to B minus.
- 45:22It was not that great so far, 2026 I'm giving him an A 'cause
- 45:27that the Maduro the. Editor Lit.
- 45:29And the memes and the things he was dropping, they were lit.
- 45:33And now he's just talking about like, as if he owns the country.
- 45:36And now gone for Greenland or something.
- 45:38You know what's? Going on now they're making a
- 45:40bid for Greenland. Like, yes, this is literally
- 45:43what I voted for. I don't know what the F happened
- 45:45last year. That was lame.
- 45:48So let's see what happens in 2026 because I'll tell you what,
- 45:52all of the bitcoiners, all of the people that own Bitcoin and
- 45:55crypto, if that, if that is making all time highs by the end
- 45:59of the year, by the time we get to midterms, Opti's probably
- 46:03going to vote. You know, Opti's going to be
- 46:05happy, Opti's going to be hyped, you know?
- 46:08That's a big if bro. Are you telling me that if we're
- 46:12not at half a $1,000,000 Bitcoin, you're not going to be
- 46:14like, yeah, I'm going to wow. I mean, I would just say that
- 46:17Bitcoin's doing Bitcoin things, you know, and.
- 46:20What do you think? So you don't think you don't
- 46:23think if the Dems take back the House, Bitcoin's going to just?
- 46:27Oh, yeah, we're going to get cooked.
- 46:28That's what I'm trying to tell you.
- 46:32That's what I'm trying to tell you.
- 46:33OK, OK. OK.
- 46:33All right, All right, Enough of that, Enough of that anyways,
- 46:36wait, wait. I do want to add a little bit
- 46:37because there there is like good context to this.
- 46:40I think kind of the biggest thing that like sunk into me
- 46:45recently is that, you know, the Republicans historically are
- 46:50voted in because they kind of run on this like pro, you know,
- 46:55really healthy economy. And as of last year, even though
- 46:59the official numbers have been coming out, the economy is doing
- 47:01so well. You've heard all of the, you
- 47:03know, Golden Age memes, etcetera, etcetera.
- 47:06But on Main Street, everyone's feeling something different.
- 47:10And so like what Arthur Hayes said is, you know, they might
- 47:14not go full helicopter money on this, but they got to run the
- 47:18economy so hot that everyone starts to feel like they're
- 47:21better off or else they're really going to get cooked in
- 47:23the midterm. So that's kind of my take.
- 47:25By the way, we got Larry Leopard, He just joined us.
- 47:29We're going to, we're going to include him right after the
- 47:31break. We're going to be back in just a
- 47:33little bit. I want to give a shout out to
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- 50:16Alright everybody, we got the man, the myth, the legend, the
- 50:19one and only Larry Leopard joining us on the show today.
- 50:25Larry, how you doing? I'm great.
- 50:26How are you guys doing? Thanks for joining us and of
- 50:29course we got John from Bitcoin Day.
- 50:31Larry, I, I, I haven't had you on the show.
- 50:33It's been a while now. It's been like 6 months.
- 50:37But I'm gonna start off with this because I think everybody
- 50:40has a lot of questions with what happened in 2025.
- 50:44You had a record year for silver golds, even though the, the size
- 50:49of the asset is enormous, literally went parabolic.
- 50:52I think it was up 63% on the year.
- 50:55The S&P had an incredible year as well.
- 50:58What the hell happened with Bitcoin, Larry?
- 51:02Well, Bitcoin became kind of risk off, you know, it liquidity
- 51:08didn't flow as much as we thought in, in the calendar year
- 51:122025. And you know, the the stock
- 51:17market held together just because it, it does that it's,
- 51:22you know, it's kind of engineered to hold together.
- 51:24And gold and silver took off because of the debasement trade
- 51:28and because, you know, most of the world still doesn't fully
- 51:31understand Bitcoin, but they do understand gold and silver in
- 51:35terms of being sound money. So you know, they're the first
- 51:38go to choice and and therefore they've they've taken off.
- 51:42I mean, what I would add, though, that I think is very
- 51:43important for your audience, for everybody to understand is that
- 51:46this is an incredibly positive development for Bitcoin because
- 51:51this happened once before. It's happened a couple times
- 51:53before. The most dramatic case of where
- 51:55it happened though, was in 2019-2020 when the original
- 52:00power Pivot took place and then COVID occurred.
- 52:03Gold went up from, I don't know, 1200 ish, 1300 area to 2000
- 52:09very, very quickly, which was quite a big move at the time.
- 52:12And Bitcoin set flat for another three to five, maybe six months.
- 52:16And then Bitcoin woke up and it went from 10 to 60.
- 52:19So it did a six bagger in, in literally in a matter of months.
- 52:23And that's kind of the way this asset trades, You know, it
- 52:26people didn't originally understand that all the
- 52:28liquidity that Powell was creating would flow into Bitcoin
- 52:31too. And so they kind of ignored
- 52:33Bitcoin. And, and to be fair, the, the,
- 52:35the liquidity is just getting started.
- 52:37I mean, the Fed pivoted in Q4. They didn't call it that, but
- 52:41they, it is what it is. They call it reserve management,
- 52:43but it's really just QE and printing money.
- 52:46They went from letting their balance sheet run off to
- 52:48expanding their balance sheet, you know, 40 billion a month.
- 52:51And that's just the beginning. And as Lynn says, it's, you
- 52:55know, she calls it the gradual print, which which I accept.
- 52:59I mean, 40 billion a month is only 480 on a balance sheet of
- 53:026.5 trillion. That's still modest, but I think
- 53:06the gradual print is going to morph into the big print.
- 53:08I think the reason that's going to occur is that we're back at
- 53:11the point at which money is really tight and there's all
- 53:13kinds of signs of that. You know, the Fed didn't want to
- 53:17cut rates in the fourth quarter. the Fed didn't want to do what
- 53:20it did. They've tried to rebrand it.
- 53:22You know, they made it seem like, oh, it's no big deal.
- 53:24This is just reserve management. It's not really printing money,
- 53:27but it's printing money. And so, you know, you can smell
- 53:30the big print coming. It's highly likely it'll come
- 53:34this year. And like when it comes, bitcoins
- 53:37going to scream. I mean, we're going to double or
- 53:39triple probably very quickly. So it's just the nature of the
- 53:43beast. I mean, it's, it's interesting
- 53:44to me psychologically that everyone in Bitcoin land now
- 53:48feels the way that the gold people felt in 2023 when gold
- 53:51was flat on its ass after, you know, what Bitcoin was too.
- 53:54But after Powell did his whole tightening act, it really
- 53:57hammered gold and more importantly, it hammered the
- 53:59gold miners. And so we were all walking
- 54:01around pretty, pretty beat up wondering if it's ever going to
- 54:05work. And of course, just give it a
- 54:06little bit of time and it's worked in spades.
- 54:08I mean, gold mining of the Seas, my fund, etcetera is up 150%
- 54:12plus in one year. And so I think with, you know,
- 54:16that's really what Bitcoin has had to look forward to.
- 54:18And you know, everybody's kind of getting tested, You know, do
- 54:20you truly have a long time preference or not?
- 54:23I mean, I, I get it, if you bought a year ago or two years
- 54:25ago or whatever, you know, even if you bought it at the top at
- 54:281:24, you know, you're down to 90.
- 54:30That's, that's uncomfortable. But those of us who've been
- 54:33around it for a long, long time know that, you know, it can lose
- 54:3570% of its value and it will come back.
- 54:37So it's going to come back and I expect it'll come back with a
- 54:42vengeance this year. By the way, it also makes micro
- 54:46strategy just an unbelievably compelling buy.
- 54:49And I find it hilarious that everybody's, you know, shitting
- 54:52on sailor and hating sailor. And, you know, all the people
- 54:55who got sucked into these, you know, Bitcoin treasury companies
- 54:58and lost a lot of money are very angry at the, at the narrative
- 55:02that some of the high profile influencers used, you know,
- 55:04this, this Bitcoin per share metric that they promoted as a
- 55:08kind of a professional motion machine, which it wasn't.
- 55:12And so there's a lot of, there's a lot of bitterness.
- 55:13And, you know, we just got to bring out all the weekends and
- 55:17then we'll go up to a new level. And like that new level will be
- 55:20somewhere between 180 and 300, something like that.
- 55:23And I think that'll probably be achieved, you know, this this
- 55:26year, early next year. I mean, but to be fair, I was
- 55:29wrong about this year. I thought Bitcoin, I thought
- 55:31gold this year would go to 4 or 5000.
- 55:33So that we got that right. I thought silver would go to 50.
- 55:36It overshot that. And I thought Bitcoin could go
- 55:39to 140 and, and actually made it to 123, but not for very long.
- 55:44And then it backed and filled around 91.
- 55:46So or 8090, you know, so we're, we're it's going to happen.
- 55:50And it's just, I mean, people have got to, they've got to dial
- 55:53out and take a longer term perspective.
- 55:55If if you're not happy with Bitcoin, you know, you're not
- 55:57looking at the longer term picture.
- 55:59That's kind of the way I see it. So, Larry, Bitcoin is not
- 56:02boring. The best days of Bitcoin are
- 56:04still in front of it. Absolutely.
- 56:07Wall Street has not been able to capture Bitcoin.
- 56:11Well, there's a little bit of paper, There's more paper
- 56:13Bitcoin today than there used to be.
- 56:14I mean, if you look at Checkmatee's data and he's the
- 56:17probably the best guy for following this.
- 56:19I mean, the, the Bitcoin futures market has grown.
- 56:21People are issuing paper Bitcoin.
- 56:22I mean, they're going to get their faces ripped off when it
- 56:25does what it does. You know, they've been issuing
- 56:28paper gold and silver for decades.
- 56:30And that's partly why once silver broke through 50, that's
- 56:33why it's been so aggressively up because people are asking for
- 56:36the, you know, the metal to be delivered and the paper is the
- 56:39paper outweighs the metal and the amount of metal.
- 56:41And everyone's realizing that. So we've got a massive short
- 56:44squeeze going on. But yeah, no, Bitcoin.
- 56:47Bitcoin has not been entirely captured, but it's it's becoming
- 56:50a wider held, more institutionally known asset.
- 56:53And there is a large futures market that trades around
- 56:57Bitcoin. And I'm sure there's some people
- 56:58who are short Bitcoin. I mean, that will be, you know,
- 57:02in a world of pain when this whole thing reverses on them.
- 57:05So I I think we have that to look forward to, but it just
- 57:09hasn't happened yet. Absolutely.
- 57:11I, I'm, I, I, I, I, I stand with you, Larry, I, I agree with you.
- 57:16But I will say that 2025 was quite surprising and it was like
- 57:21upside down world, you know, it was it, it was, it was like it
- 57:26was Peter Schiff's year. Is that safe to say?
- 57:29Oh, yeah. Well, I don't know, I mean it.
- 57:31Yeah. Yeah.
- 57:32He's, he's trying to do a victory dance of, you know,
- 57:36having one year out of, you know, 20 where he's been, 16
- 57:38where he's been right. But I, you know, it's this
- 57:42doesn't, I mean, so the the biggest thing I think people
- 57:45have to understand when they're making investments is they have
- 57:47to ask themselves what time frame am I trying to do this
- 57:49over? Am I trying to do this for three
- 57:51months, six months, a year, five years, 10 years?
- 57:54I mean, I, I invest for five and 10 years.
- 57:56And so, you know, at recognizing that, especially with this
- 58:00asset, there's a lot of volatility and it can turn
- 58:02against you, You know, if you go look at the draw downs, I mean,
- 58:05this is in my book, it shows historically there have been
- 58:07some very major draw downs, but it always comes back to make
- 58:09higher highs and it will again. I'm, I'm, I'm very, very highly
- 58:14confident of that unless something changes and I, I don't
- 58:17imagine, I can't really see anything changing.
- 58:19So, you know, and at that point in time, everyone will think
- 58:22it's going to a million overnight and it'll probably go
- 58:24to 2 or 300 and then it might correct back from there.
- 58:27I mean, this is, you know, it reminds me actually of of Amazon
- 58:31and the adoption of Amazon Bill Miller hold it held a big
- 58:34position in it from the beginning and it was down 90% in
- 58:372008. It was down 70% a couple other
- 58:40times it's down 50% many times it's down 30%, you know, a dozen
- 58:44times. And yet it always came back to
- 58:47make new highs because just like Bitcoin, it was a, it was a
- 58:49network that was growing in value based on the number of
- 58:52users as a leading online reseller of things.
- 58:54And, you know, bitcoin's the leading, you know, online
- 58:58version of money and most secure version of money in the world.
- 59:01And therefore, you know, it's, it's always going to come back.
- 59:03So I, I, I'm pretty calm about it all.
- 59:06But you know, I, that's because I've been at it for a long, long
- 59:09time. I'm sure you guys are too.
- 59:10But you know, we have to, we have to explain to the people
- 59:13who are newer in it and maybe more impatient.
- 59:16And I always, you know, I've always said to Bitcoiners, when
- 59:18we get people into this, we've got to explain to them what
- 59:21they're buying. We've got to tell them about the
- 59:23downside risk so that when it happens, their inclination is I
- 59:26want to buy more, not did I make a mistake?
- 59:28Should I sell it? And you know, it's, I mean, I've
- 59:31had a lot of bitcoins reach out to me and say, did I make a
- 59:34mistake? Should I sell it?
- 59:35And I'm like, no, you should be buying more right now and you
- 59:38should be buying MicroStrategy right now.
- 59:42You know, the power law model is a model that I use.
- 59:44I think it's a pretty accurate model and we'll I think it'll
- 59:47work until it breaks. It'll break when Fiat currency
- 59:50fails, but until that happens, it's a good model.
- 59:53And the power law has the has the coins at about 120,000 as
- 59:57fair value kind of midpoint. And so you know at 80 or 90
- 1:00:01we're below fair value. And as we all know, at times it
- 1:00:05trades at two or three times fair value.
- 1:00:06So it could easily go to a couple 100 and it probably will
- 1:00:10and then you know, off that 250 peak, it'll correct back to 120
- 1:00:13or something 130. I don't know.
- 1:00:15I mean, it's. It's, it's just, you know, you
- 1:00:17got to, you got to think about it longer term.
- 1:00:20And if you do that, you know, you can kind of relax and just
- 1:00:25recognize that you know, it, it's going to work for the next
- 1:00:2820 years. So that's kind of how I see it.
- 1:00:31Larry, before we start talking about Bitcoin Day, what is your
- 1:00:38thoughts on the four year cycle? Because a lot of people, I think
- 1:00:42a lot of Bitcoiners are expecting, hey, we peaked in
- 1:00:46October. It's been following this four
- 1:00:48year cycle. And you know, if history repeats
- 1:00:52itself, 2026 is destined to be kind of this bear market year.
- 1:00:58What what are your thoughts on that theory?
- 1:01:01Do you still think the four year cycle is intact?
- 1:01:03Was there ever a four year cycle?
- 1:01:05I think. There was a four year cycle,
- 1:01:06certainly in the earlier days when the reward was much larger
- 1:01:10and the institutional demand wasn't present.
- 1:01:14And we're just dealing with kind of individuals and miners and,
- 1:01:17and you know, larger rewards. I, I think it's gone now.
- 1:01:21I think it will continue to be cyclical, but it'll be cyclical
- 1:01:24just based on fear and greed and leverage, you know, and that's
- 1:01:28what drives all asset markets. You know, they bitcoins, Bitcoin
- 1:01:32is dead. And you know, right now the
- 1:01:35sentiment is pretty shitty or, you know, bitcoins going to a
- 1:01:38million and I can't get enough and I got to chase it.
- 1:01:40I got to go buy it at 2:50. That's that's the sentiment part
- 1:01:44of it. But you know, when you're down
- 1:01:46to less than 1%, you know, I think you're .9 or point into .9
- 1:01:50new issuance per year and you've got the ETFs and institutions
- 1:01:54gobbling up much, much more than that.
- 1:01:57It's really not a supply demand story on the mining basis on
- 1:02:01that, you know that that originally I think created the
- 1:02:03four year cycle when you're issuing 50 of them every 10
- 1:02:05minutes or you know, 25 or 12 1/2, that's a that's a lot of
- 1:02:11supply. You know, maybe compared to a
- 1:02:13demand that wasn't growing as fast.
- 1:02:15Now you've got demand everywhere.
- 1:02:17You've got it in sovereigns, you've got it in ETFs, you've
- 1:02:19got it in individuals, you've got people who read my book, you
- 1:02:22know, just everybody and their brother now understands what it
- 1:02:25is. And, and by the way, we're still
- 1:02:27pretty early. It's not, I say everybody, my
- 1:02:29brother, everybody, my brother who's woken up to it.
- 1:02:31Once you wake up to it and study it, you know, you got to own it.
- 1:02:34But you know, that's probably, we're still probably less than
- 1:02:375% total penetration of meaningful ownership.
- 1:02:41And by the way, I mean, the same is true of gold and silver.
- 1:02:43I mean, it's like gold and silver like 1 to 2% of
- 1:02:46institutional assets out there. I mean, you know, as recently as
- 1:02:49the beginning of this year, like 70% of the country didn't own
- 1:02:53any gold or silver, any like 0, you know, and those who did, I
- 1:02:57mean, the people who own more than 10% of their portfolio in
- 1:02:59gold and silver, that was probably measured in the single
- 1:03:02digits. So if, if you did own it, maybe
- 1:03:04it was 1 or 2%. And, you know, and then this
- 1:03:06year Morgan Stanley comes out and they says, you know, the
- 1:03:086040 stocks, bonds model that's broken.
- 1:03:11It should be 6460% stocks, 20% bonds, 20% gold.
- 1:03:16Well, that was an earthquake. And that's what led to the
- 1:03:19enormous growth in the gold ETF this year.
- 1:03:22And you know, Morgan Stanley manages trillions and trillions
- 1:03:24of dollars. And I've talked to Morgan
- 1:03:26Stanley brokers and what they say is, yeah, yeah, we heard all
- 1:03:28that. And yeah, we're, you know, we
- 1:03:30got our clients saying, hey, it's going up a lot.
- 1:03:32Why don't I own any? And so they, they kind of hold
- 1:03:35their, you know, nose and say, all right, well, we'll buy you
- 1:03:37some. And they, they add a 1%
- 1:03:38allocation or 5% allocation so that at the end of the year they
- 1:03:42can say, hey, see, you own some gold.
- 1:03:43And I said, OK, you know, when, when really they should own a
- 1:03:4630% allocation, you know what I mean?
- 1:03:49But the, the, you know, it's still, we're still very, very
- 1:03:52early in the widespread acceptance of this debasement
- 1:03:55trade. I don't, I don't think we're
- 1:03:57early in the widespread knowledge that people are
- 1:03:59getting screwed by inflation. I think that's actually, you
- 1:04:02know, that that knowledge is quite widespread.
- 1:04:05I think the issue is people have not figured out, many people
- 1:04:09have not figured out how to deal with it, but they will as they
- 1:04:12see, as they see the neighbors who own gold, silver and Bitcoin
- 1:04:15do well relative to them, they're going to think to
- 1:04:18themselves, huh, Why, why? Why don't I own some of that
- 1:04:21too? That's that's coming, right?
- 1:04:24Absolutely. Well, Larry and John, we have
- 1:04:28the Bitcoin Day coming up in 10 days from now in Naples, FL at
- 1:04:35The Four Seasons. Looking forward to it.
- 1:04:37I'm gonna be there. John's gonna be there.
- 1:04:39Obviously, Larry's gonna be there.
- 1:04:41We also have some other fantastic speakers including
- 1:04:45Natalie Burnell, CJ and many, many more.
- 1:04:50It's going to be awesome. Gary Cardone, Bob Barnett,
- 1:04:53Michelle Weekley, Luke Dash, Junior, it's going to be
- 1:04:57awesome. You guys don't want to miss it.
- 1:04:58It's going to be at The Four Seasons in Naples, FL January
- 1:05:0217th. John, if you want to talk a
- 1:05:05little bit about about it, floor is yours.
- 1:05:08Yeah, so we're super excited about the new venue.
- 1:05:12You know, it's, it's a huge upgrade from what we've done in
- 1:05:16the last few years. And The Four Seasons is, you
- 1:05:21know, right on the beach. It's, it's called the Naples
- 1:05:23Beach Club and it's the former Naples Beach and Golf Club.
- 1:05:27And it is a they, they completely demolished the old
- 1:05:31building and completely rebuilt everything.
- 1:05:34And it is an absolutely gorgeous venue.
- 1:05:39We're going to have, you know, all day.
- 1:05:42We'll be up in the Conference Center and doing all of those
- 1:05:47great panels and with the hearing all the great content
- 1:05:50from the speakers. There's going to be a lunch
- 1:05:52included. So there's lots of outdoor
- 1:05:55space. January and Naples, FL is
- 1:05:57absolutely gorgeous. And then for the after the
- 1:06:02conference is over at the end of the day, we'll have a reception
- 1:06:06down on a lawn that has an ocean view.
- 1:06:09So we'll move everybody down. We'll have a few drinks on the
- 1:06:12beach and and then close out the night at the sunset bar right
- 1:06:17there at the at the venue as well.
- 1:06:19So if you want to spend the day on the beach hearing some of the
- 1:06:24highest signal Bitcoin content that you've ever heard, come to
- 1:06:27Naples on January 17th. Absolutely.
- 1:06:31I could attest to that. I've been going to the ones the
- 1:06:33last couple of years. They've been fantastic.
- 1:06:36A lot of signal. Big step up, John.
- 1:06:39Four Seasons. Holy cow.
- 1:06:43We've. Arrived.
- 1:06:45Yes. Bitcoin is making moves.
- 1:06:48Bitcoin Day is making moves. So Larry, I know you're going to
- 1:06:50be there as well. John, do you want to give a
- 1:06:53little bit of a sneak peek on the panels that Larry's going to
- 1:06:56be on? Sure, Larry is going to be on
- 1:07:02the the first panel of the day. He's going to open the day and
- 1:07:09he's going to close the day for us.
- 1:07:13The first panel of the day, Bitcoin in the real world,
- 1:07:15Macromedia and adoption. So the the moderator of that
- 1:07:21panel is Bobby Iaccino, who does the Futures Edge podcast and he
- 1:07:27writes a a weekly newsletter. And then Natalie's going to be
- 1:07:31on the panel with Larry and Cedric too.
- 1:07:33So that'll be a really great start of the day macro panel.
- 1:07:37And then Larry's going to close this out at the end of the day
- 1:07:41with again, with Natalie and Gary Cardone and CJ, we're going
- 1:07:47to do an audience Q&A. So we're going to just open up
- 1:07:50the floor for the audience and give them 30 minutes to ask
- 1:07:54questions to these 4 great speakers.
- 1:07:58The other thing I would say John and and Nico is that we're we're
- 1:08:02going to be Natalie and I at both published books.
- 1:08:06Mine is, will be actually almost a year old and it came out in
- 1:08:09early February. And Natalie's is more recent.
- 1:08:12And yeah, thank you. Thanks for the plug.
- 1:08:14And I will have hard copies. I think Natalie will have copies
- 1:08:17of hers. And anyone who wants to buy a
- 1:08:20book and get it signed and inscribed to yourself, your
- 1:08:23friends or whatever, we'll be doing that throughout the day.
- 1:08:26So just want to make people aware of.
- 1:08:28That I keep Brett. Go ahead, John.
- 1:08:30Well. I was just going to say we're
- 1:08:31we're thrilled to provide a a space for Larry and Natalie to
- 1:08:35do that and share their books with everyone and have their
- 1:08:38fans get the the book signed. I got to say with Larry's book,
- 1:08:44I what's 1 of the things that me and Opti keep meaning, right?
- 1:08:48When we talk about the inevitable print that's coming,
- 1:08:52we keep referencing the Lynn Alden meme.
- 1:08:55Nothing stops this train. And of course, the Larry Leppard
- 1:08:59meme, the big print. So yeah, I, I think I, I do
- 1:09:03agree with Lynn. I do agree with Larry.
- 1:09:06It's inevitable. They tried to get Elon in there
- 1:09:09to like, cut the spending and he was literally kicked out of
- 1:09:12town, right? Well.
- 1:09:14Not only that, but what happened there is Elon's a smart guy and
- 1:09:18you know, he was there for 2-3 months and he realized, he said
- 1:09:20to himself, you know, this is FUBAR.
- 1:09:23I can't do it. I'm out of here, right?
- 1:09:27I mean, I, I don't think they kicked him out as much as he
- 1:09:29just gave up. And I who can blame him?
- 1:09:31I mean, the system really is incredible.
- 1:09:33I mean, I, you know, it's just one new outrage after another.
- 1:09:37I'm in this Nick Shirley video just had me seeing red.
- 1:09:40I just, I mean, I hope that's, I hope that's like, you know, the
- 1:09:43shots fired in Lexington, you know, on April 19th.
- 1:09:47I mean, it's just unbelievable how bad our government systems
- 1:09:51are and we just got to fix this stuff, you know?
- 1:09:54Yeah, And what's crazy, too, about the Nick Shirley video as
- 1:09:58well, is the governor of Minnesota, he was running for
- 1:10:01vice president. Oh, yeah.
- 1:10:04Oh, that's the wild part. Like that guy was very close to
- 1:10:07being vice president. And there is this like systemic
- 1:10:11fraud that was happening, you know, and the, the, and again,
- 1:10:16the millions of millions and millions of, of, of wasted
- 1:10:20taxpayer dollars. This is, this is what bitcoiners
- 1:10:23talk about. This is, you know, This is why
- 1:10:25we truly believe in the separation of money and state.
- 1:10:28We believe in that no one should have the ability to create money
- 1:10:30for free that someone else has to work for.
- 1:10:32It misaligns incentives and it creates situations like that.
- 1:10:36And it, it literally, it took a 23 year old YouTube to do the
- 1:10:42job that legacy media should be doing that has budgets of, you
- 1:10:48know, 10s of millions, hundreds of millions of dollars a year.
- 1:10:51And it literally took a kid with a GoPro and a microphone to
- 1:10:55uncover this fraud. And not only that, to get the
- 1:10:59government to actually do something about it, you know,
- 1:11:02and I know that, you know, the official announcement by Pam
- 1:11:05Bondi and Cash Patel. But it, it, it sounded like
- 1:11:09reactionary. It didn't.
- 1:11:11It didn't really sound like they actually gave an F on what was
- 1:11:15happening, nor were they aware of what was happening.
- 1:11:18So it, it, it was just like the amount of public pressure that
- 1:11:22was mounted, it just made the government look really, really
- 1:11:26bad. And it also didn't help the fact
- 1:11:29that a lot of these legacy media outlets, instead of again,
- 1:11:32reporting on the news, there's this very famous video of CNN
- 1:11:37basically trying to discredit Nick Shirley.
- 1:11:41And it was literally a video of the CNN reporter in in her hotel
- 1:11:45room calling the daycare centers.
- 1:11:49And they're like, OK, we can't report.
- 1:11:51We can't confirm that this is true because six out of the
- 1:11:54seven daycare centers didn't pick up the phone.
- 1:11:57And then the one that did pick up the phone said that they
- 1:12:00weren't committing fraud. Like it is like it.
- 1:12:03Yeah, You can't make it up. I mean, it's it's just, it's
- 1:12:07just horrific. I mean it.
- 1:12:09Yeah. But it's the beauty of of, you
- 1:12:12know, the the decentralization that technology has given us.
- 1:12:15I mean that he could have a cheap camera and a cheap phone
- 1:12:19and he could put it out there. And I think this, I think this
- 1:12:21is like the all time leading viral video on, on on YouTube or
- 1:12:26Twitter. I mean, I think he's got 140
- 1:12:28million plus views and it's just, it's unbelievable.
- 1:12:32And I, I watched, I was just stunned.
- 1:12:34I just could not believe it. Absolutely.
- 1:12:38And and. Why hasn't the mainstream media
- 1:12:39picked up on it? You know what I mean?
- 1:12:41I mean, they've all tried to discredit him or they've ignored
- 1:12:43it. I mean, they just try to, you
- 1:12:44know, cubbyhole it and it's yeah, I look, I mean, this is
- 1:12:50this is 1/4 turning and we need to fix all this stuff and fixing
- 1:12:54the money is where we start. And, and that's part of the
- 1:12:58basis of your book, Larry, is, you know, basically like a lot,
- 1:13:02a lot of these things that you're seeing in societies are
- 1:13:05symptoms of the money being broken.
- 1:13:07Absolutely why we're focusing on fixing the money, fix the world.
- 1:13:12That's not a hyperbolic statement that actually will fix
- 1:13:16a lot of these things that we're seeing going on in society.
- 1:13:18Yeah, the government, the government does what it does
- 1:13:22because it can get away with it and get away with it because it
- 1:13:24can print the money to do it. If you take the money away then
- 1:13:28a lot of problems arise for them as as should be the case so.
- 1:13:32Absolutely. Guys, if you want to see Larry
- 1:13:34Laparde in person, go to Bitcoin Day Naples again.
- 1:13:39It's coming up January 17th. Get your tickets now before the
- 1:13:43prices go up. John is throwing a hell of an
- 1:13:46event, the 4th annual Bitcoin Day Naples.
- 1:13:49Upgrading, going from a conference room to now The Four
- 1:13:52Seasons. I'll take it.
- 1:13:54That sounds fantastic. You're not going to want to miss
- 1:13:56it. January 7th, 20261017.
- 1:14:03Alright. Guys, I'm having.
- 1:14:05Person Two My wife is having a baby this week.
- 1:14:07I have not slept, so I'm doing the best that I can.
- 1:14:11January 17, 2026 Ten days away. You're not going to want to miss
- 1:14:16it. Four Seasons Bitcoin Day, Naples
- 1:14:19Opti. I'm trying to convince Opti to
- 1:14:21come. I'm going to put them on the
- 1:14:23spot after you're coming, right? I guess yes.
- 1:14:29And don't forget about our carnivore dinner with Doctor
- 1:14:32Sean Baker on Friday night. It's going to be excellent.
- 1:14:34We got a local rancher providing the the meat and and a Native
- 1:14:41American chef doing the cooking. So that's going to be an awesome
- 1:14:45event as well. You can get tickets on There you
- 1:14:47go. Thank you.
- 1:14:47You can get the tickets on the website for that as well.
- 1:14:51That sounds delicious and fantastic at the same time.
- 1:14:54I will be at the dinner as well. It's going to be great.
- 1:14:56Guys. Bitcoin Day Naples, go to
- 1:14:59Bitcoin Day dot IO to get your tickets today.
- 1:15:03Again, I'm going to be there. Opti's going to be there.
- 1:15:05Larry Leopard's going to be there, Natalie is going to be
- 1:15:07there, C JS going to be there, Michelle Weekly is going to be
- 1:15:09there, and many, many more hardcore bitcoiners.
- 1:15:12You're not going to want to miss it.
- 1:15:13Larry and John, thank you guys so much for joining us on the
- 1:15:16show today. Really, really appreciate it.
- 1:15:18Thank you. Nice to see you.
- 1:15:20Nice to see you, John. We'll see you soon.
- 1:15:22Yep, see you soon. Thank you guys.
- 1:15:23Take care. Alright everybody, We still have
- 1:15:25a ton of content left for you guys.
- 1:15:27We're going to be talking about the release of the Rumble wallet
- 1:15:32that just got dropped. We're going to be talking about
- 1:15:34it after the commercial break. We'll be right back in just a
- 1:15:36bit. I want to give a shout out to
- 1:15:38our partner Hive Digital Technologies.
- 1:15:41Fueled by clean energy, Hive has quadrupled its global Bitcoin
- 1:15:46mining footprint and channels that same scale into high
- 1:15:50performance compute where their AI cloud is now ranked number
- 1:15:54one in the world for network performance.
- 1:15:57At Hive, you've got dual engines, Bitcoin and AI humming,
- 1:16:01roaring, accelerating in unison. They're lean and mean, they're
- 1:16:05green and clean, and they're rewriting the playbook on
- 1:16:08sustainable digital infrastructure.
- 1:16:10You can catch the latest buzz at Hive Digital Tech or at Hive
- 1:16:14digitaltech.com. I want to give a shout out to
- 1:16:17our partner Bitcoin Ben dot IO. If you're into freedom Bitcoin
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- 1:17:34All right, ladies and gentlemen, we are back guys.
- 1:17:38Big effing news for content creators.
- 1:17:41The Tether, the Tether Rumble wallet was just released
- 1:17:44officially. It's called the Rumble wallet.
- 1:17:47It is so effing easy to use. Literally, guys, go, if you're
- 1:17:52watching us on Rumble right now, you click the tip button, AQR
- 1:17:55code pops up and boom you're ready to tip with the Rumble
- 1:18:02wallet. Download it today.
- 1:18:04It's live on the App Store, on the Google Play Store and on the
- 1:18:09Apple App Store. Guys, we already got $10 and
- 1:18:14tips. Shout out to who shout out to
- 1:18:16the people watching us on Rumble again, guys, the the
- 1:18:19significance of this and I had the pleasure of being able to
- 1:18:23interview the CEO of actually the CEO of of Tether and the CEO
- 1:18:27of Rumble in Lugano, Switzerland.
- 1:18:30We've been dropping the interviews over the last couple
- 1:18:32weeks on simply on all the simply Bitcoin channels.
- 1:18:35The significance of this is the non custodial aspect.
- 1:18:39So again, people can't freeze this.
- 1:18:44This is your money, right? So if people don't like what you
- 1:18:48have to say, what you have to what your your speech or your
- 1:18:53ideas or your opinions, regardless of how unpopular they
- 1:18:57are, they can't de platform you. And that's a big deal guys.
- 1:19:04So go to wallet.rumble.com and support your favorite creators
- 1:19:11on the number one free speech video platform on planet Earth,
- 1:19:15which in my opinion as a content creator is someone who has been
- 1:19:19the platforms in the past whose entire business depends on video
- 1:19:24platforms. We're big fans of the freedom
- 1:19:29free free speech alternative. Even though I do, I do got to
- 1:19:32give credit to credit is due. YouTube has been getting better.
- 1:19:37I do want to read the direct post by the CEO of Rumber
- 1:19:43Rumble, Chris Pavlovsky. If it's not clear, I'll make it
- 1:19:46clear. Rumble wallet will compete
- 1:19:48directly against Coinbase and Venmo.
- 1:19:50But we're not custodial and we cannot shut down your account.
- 1:19:54It's true financial freedom to buy, hold and tip in crypto
- 1:19:59built, backed, built and backed by Tether and Rumble.
- 1:20:03Tim Poole, one of the most well known content creators on the
- 1:20:06face of the planet, says not only is your account safe from
- 1:20:10third party pressure, but it allows regular people to easily
- 1:20:13trade USD, gold and Bitcoin. It is bringing crypto to a
- 1:20:17normie market, easier to trade and understand.
- 1:20:21It's the next big step needed if regular people use Bitcoin on a
- 1:20:25daily basis. They actually made an AI video
- 1:20:29of it. It's pretty cool.
- 1:20:30Let's play it and then we'll talk about it.
- 1:20:32I know many of you won't like what I'm about to say on this
- 1:20:35stream, but the truth needs to be heard.
- 1:20:39They said free speech, then shut down your mic.
- 1:20:43They said your money then froze your account.
- 1:20:46Guys, I'm about to show you the campsite.
- 1:20:51Whoa. You don't need permission to
- 1:20:54speak. You don't need approval to get
- 1:20:58paid. Rumble wallet is your fortress.
- 1:21:06No middle men, no de platforming, no one to cancel
- 1:21:10your tips. Not run by banks.
- 1:21:13Not hosted by Big Tech. Rumble is digital freedom is how
- 1:21:19you earn it. Rumble wallet.
- 1:21:22The GOAT wallet. Get Rumble Wallet to tip your
- 1:21:27favorite creators. Did we just see a talking goat?
- 1:21:35The goat wallet, the goat wallet.
- 1:21:38I'll take it, I'll take it. But it is it is you know, to
- 1:21:41give to give our boys that Rumble the credit where credit
- 1:21:45is due. It is a non custodial wallet,
- 1:21:48ladies and gentlemen, so you know, you do have a opportunity
- 1:21:51to write down your seed phrase and your seed.
- 1:21:53Oh, we're dumping again. Write down your seed words and
- 1:21:57your seed phrase. They don't like the rumble.
- 1:22:00And again, as a creator, this is fantastic.
- 1:22:03This is awesome. I, I, I love this, right?
- 1:22:06It's a free speech platform. There's a lot of things, Megan,
- 1:22:11there's a lot of things I have to show her that there.
- 1:22:16There's a lot of things that Opti and I have to, we have to
- 1:22:20be very conscious on what we say because of the platforms that
- 1:22:24we're on, right? If you guys happen to have
- 1:22:28caught the two or three or 4 Simply Bitcoin episodes that
- 1:22:34were Rumble exclusive, we went bananas, right?
- 1:22:38Like we just said, whatever the F we wanted and then we're going
- 1:22:41to be doing them once a month with our boy Bitcoin Ben and
- 1:22:47that is Rumble exclusive. We literally cut the feed on
- 1:22:51certain platforms and we only streaming on Rumble and Bitcoin.
- 1:22:55Ben could say whatever he actually wants to say, right?
- 1:22:59Which is great. This is the whole point of
- 1:23:01freedom of speech. Listen, guys, freedom of speech
- 1:23:03is not meant to be this pretty thing.
- 1:23:07It's meant to be messy. People are meant to have
- 1:23:09disagreements. Like that's the whole basis of
- 1:23:12this country. That's how it's supposed to
- 1:23:14function. The idea that, you know, again,
- 1:23:18if you're not calling for violence or anything, if you
- 1:23:20just have an opinion on a certain subject, the, the fact
- 1:23:23that you can't say that out loud, I think has had terrible
- 1:23:29implications for society. I think it's regressed society
- 1:23:32in many different ways. So the fact that you're able to
- 1:23:35say to speak your mind on a video platform that has volume,
- 1:23:40that has people on the platform, I think is a is a net benefit
- 1:23:46for humanity. It's a good for humanity.
- 1:23:48I really believe that in the bottom of my heart.
- 1:23:51And the fact that they've teamed up with Tether, which again is
- 1:23:55it's, it's a company run by Bitcoiners that and they've
- 1:24:01they've released a non custodial Bitcoin wallet is fantastic.
- 1:24:08It it's, it's really good. I hope it gets adopted.
- 1:24:11This is like Trojan horsing the normies.
- 1:24:15And let's see where it goes. Let's see where this takes us,
- 1:24:17right. That's how I feel about this.
- 1:24:24I actually like Nico and rumble. Yeah, I, I, I have PTSD guys, at
- 1:24:29this point, you know, I have to watch out with what I say and,
- 1:24:33and stuff like that, but it's just about survival.
- 1:24:36Like it's just what it comes down to.
- 1:24:37So you know anyways guys, I just.
- 1:24:42Wait, wait, I do want to add one last thing.
- 1:24:44I, I think, you know, we've been talking about as bitcoiners for
- 1:24:49a long, long time. We've talked about, you know,
- 1:24:52the adoption of Bitcoin or like the iPhone moment of Bitcoin.
- 1:24:56And I'm not necessarily saying that this is the iPhone moment
- 1:24:59for Bitcoin per SE. But I say all that to
- 1:25:02essentially say, you know, from the, from the numbers that I've
- 1:25:05seen, there's about 50 to 70 million people that use rumble
- 1:25:11now. They're obviously being kind of,
- 1:25:15I don't know, I, I, I'm slow rolled into Bitcoin maybe.
- 1:25:18So, you know, the, the real headline here could be basically
- 1:25:2150 to 70 million people are now able to be onboarded on Bitcoin.
- 1:25:25And that tweet by Pavlovsky was, was kind of a kind of a Chad
- 1:25:30take. He's like, we're we're coming
- 1:25:32after Coinbase and Venmo here, non custodial Bitcoin wallet.
- 1:25:35You can buy Bitcoin in it. You can send Bitcoin in it and
- 1:25:39I, I think this is one of those moments that is just like
- 1:25:42perfectly aligned with the Bitcoin ethos, you know, a
- 1:25:45freedom of speech platform integrating freedom money.
- 1:25:49It's just like this is what you love to see.
- 1:25:52You know, maybe for some people it's not perfect or you maybe
- 1:25:55they want to see it on like YouTube or something.
- 1:25:57But like shouts out to the Rumble team for basically
- 1:26:01unleashing Bitcoin on their platform, embracing Bitcoin,
- 1:26:05embracing the ethos. And we'll see how many of those
- 1:26:0850 to 70 million people are on boarded onto Bitcoin now because
- 1:26:13they will want to essentially tip their favorite, you know,
- 1:26:16creators on Rumble. And like Nico's saying, from our
- 1:26:19perspective, shit, if we could get a bigger platform on Rumble
- 1:26:24than on YouTube, hey, that would be amazing.
- 1:26:27Our Rumble channel is blowing the F up right like it's growing
- 1:26:31super fast. Shout out to all you guys
- 1:26:33subscribing to us. Go to rumble.com/simply Bitcoin.
- 1:26:36Yeah. Everyone on YouTube watches on
- 1:26:38Rumble. We're on Rumble and.
- 1:26:40It's growing fast, so we're huge fans of the platform.
- 1:26:43Again, we support free speech here.
- 1:26:45It's simply Bitcoin. And I just want to check out
- 1:26:48some of these comments before I wrapped it up.
- 1:26:50Also, shout out to Noster. We've got in 1409 sats today.
- 1:26:56Shout out to all the people that zapped us on Noster.
- 1:26:58We got 7 people watching live, so again, free speech platforms,
- 1:27:03free speech protocols, and of course the O, GS, YouTube and X
- 1:27:09even though X has been pretty good with free speech as well.
- 1:27:12Yeah, X has been. Pretty chill.
- 1:27:13Anyways, I do wanna I do wanna read some of these deprecating
- 1:27:18Nikko posts. Let's start with this one.
- 1:27:21I actually buck 52,000 says I actually like Nikko.
- 1:27:25On Rumble Family Diaz says Nico's one red candle away from
- 1:27:30crying on air. Just like Let's go Chef Tommy.
- 1:27:36BTC says money talks Nico. I don't know what that means,
- 1:27:39but I'll take it Down Under Blue says Nico's on fire On Rumble
- 1:27:45and Family. Diaz says Rumble, Nico Peak.
- 1:27:49Rumble, Nico's Peak. I don't know.
- 1:27:52I I think Nico. No peak was like 2 years ago I
- 1:27:55think. Nikko.
- 1:27:55Peaked in 2020. I was dropping some fire back.
- 1:28:00I don't even know if my brain could do that anymore, Chef
- 1:28:03Tommy says. I do really enjoy Nikko on
- 1:28:06Rumble and anyways. OK, OK, so if you like Nikko on
- 1:28:11Rumble, then we need everyone that watches us on YouTube to
- 1:28:17port over to Rumble so that maybe, you know, the incentives
- 1:28:22start aligning and we just go rumble only forever.
- 1:28:26Exactly. So guys, we have to go where the
- 1:28:28audience is at. We have to go where the volume
- 1:28:30is. You know, we're a media company
- 1:28:32at the end of the day, we survive off advertising revenue,
- 1:28:35we survive off views. So we we do our best, but we do
- 1:28:39have some some plans for 2026 that I think you guys are going
- 1:28:43to love and enjoy. We're going to be announcing
- 1:28:45those a little bit later anyways, guys, until then, guys,
- 1:28:48go to Bitcoin Day dot IO. Get your tickets.
- 1:28:51I'll see you guys in Naples, January 17th of 2026 at the four
- 1:28:57effing seasons, bro, that sounds fantastic.
- 1:28:59Sounds delicious, sounds very comfortable.
- 1:29:01I think I'm gonna get a room there for a night or something.
- 1:29:04Anyways guys, love you all smash the like button.
- 1:29:07Consider subscribing and we'll see you on the next episode of
- 1:29:10Simply Bitcoin Live. Today's episode was brought to
- 1:29:15you by bitcoinwell.com, a Bitcoin only platform on a
- 1:29:18mission to enable financial independence.