Latest / Simply Bitcoin / Bitcoin OG EXPOSES $100k Price Suppression | EP 1132

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Bitcoin OG EXPOSES $100k Price Suppression | EP 1132 · Simply Bitcoin

0:00
A Wall Street insider with 25 years of experience has just
0:04
exposed the exchanges paper Bitcoin games.
0:08
Maybe we'll see are we seeing exchanges and ETF issuers engage
0:13
in price suppression that else so the elite can buy Bitcoin
0:17
under 100 Ki mean it begs the question like we literally got
0:21
to 98,000 or 99,000 and we were not able to break that $100,000
0:27
barrier. Well, seems like this Bitcoin OG
0:31
has some theories behind that as to why we haven't broken that
0:35
100K barrier. So I'm going to play you guys
0:37
the video and then we're going to talk about it.
0:39
Let's check it out. We always get a Bitcoin comment
0:45
from you before we we let you go normally it got stuck under 100.
0:50
That's that's a pretty, it's a psychological level, I would
0:53
imagine. Yeah, I think some of this could
0:56
be there's a lot of folks who don't want Bitcoin over 100,000
1:01
and and some of it may be the exchanges themselves are
1:05
concerned because there is a pretty low supply of.
1:08
Bitcoin available over the counter, so you have a supply
1:11
shortage. And if Bitcoin makes a move
1:14
above 100,000, I think there'd be a big chase.
1:15
So I'm still confident Bitcoins going to close much higher
1:19
before year end, before year end, before year end, yeah.
1:22
So break $100,000 before they. End.
1:24
Yeah, well above 100,000 before year end.
1:27
It's just a matter of time. It's December 2nd.
1:29
It's not that long. Tom So it's going to do it in
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the next. Four weeks, Tom makes bold
1:35
short. I know he's nut.
1:37
You're nuts and they all come. Usually they come true.
1:41
I mean, you heard it from the man himself, right?
1:45
Bitcoin OG been in the game for a long time and you know you
1:51
heard it from his mouth. It's not just simply Bitcoin
1:54
speculating on this. There could be you heard it, he
1:57
said quote. There's a lot of people that
1:59
don't want Bitcoin over 100 Ki mean.
2:03
That's that's quite interesting. And I remember we all got so
2:07
excited. We got I was like we were
2:10
telling the the the simply crew, you know, let's let's let's do
2:15
the price party with the house music and the bomb Bing and the
2:19
whistles and that. And then we're like 9798 K
2:23
sailor was like house party incoming, the whole shebang.
2:27
And then it was like 9999 thousand 300 and like it was was
2:35
like a little whimper. I was like, but it could be
2:38
because the price is being suppressed, which doesn't
2:40
surprise me. It doesn't surprise me.
2:42
But I mean like Opti, I'm going to pass it to you.
2:46
Like what what I mean, is it because institutions want to be
2:51
able to stack Bitcoin before it reaches 100K?
2:53
Do you think that's the incentive behind this potential
2:59
price suppression that is happening?
3:02
What's your take, Opti? Well, it is interesting because
3:05
we have been kind of talking about this for a while,
3:07
especially ever since the ETFs dropped.
3:09
We, you know, there's definitely been a lot of concern in the
3:12
Bitcoin space about paper Bitcoin and how the ETF is used
3:17
to manipulate the price and keep it low.
3:19
And then I've always kind of jumped into we, we, and I don't
3:22
know where I first got this idea from, but the billionaire Fudd
3:26
playbook, It's, it's the classic, classic playbook we've
3:29
seen play out in, in the history of Bitcoin where you go out
3:32
there, you say bad things about Bitcoin, you try to keep the
3:35
price low because of course, a lot of people still kind of look
3:38
to the suit to the authority figures here to make their
3:41
trades. And then in the background,
3:44
they're secretly stacking Bitcoin.
3:46
And then once they talk good things about Bitcoin, the price
3:48
starts to run. So we have heard all that FUD
3:51
before, but I think this might be a new development, at least
3:55
coming from the exchange angle. And it is very interesting
3:58
because we all know that the Bitcoin, well, rather a lot of
4:01
us have been in Bitcoin for a long time.
4:03
Understand and that the Bitcoin price runs very quickly in a
4:06
short amount of time and so you can see Joe Kernan they're kind
4:09
of pushing back a little bit He's like dude it's going to be
4:12
well above 100K by the end of the year that's only in like 4
4:15
weeks and anyone that knows about Bitcoin knows Bitcoin
4:18
pumps really, really hard in a short amount of time It goes
4:22
sideways forever and then starts to pump.
4:24
So I don't think that that's too crazy to say that, you know,
4:27
Bitcoin might be at 100 a 125K by the end of the year.
4:31
You know, going into the holidays, I think we always as
4:33
bitcoiners love the holidays because it always seems to kind
4:36
of be pumping around Christmas time and stuff.
4:38
It's like our holiday gift here is the price starting to pump.
4:42
But it is interesting to kind of, you know, speculate on why
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the exchanges don't want Bitcoin to go above 100K.
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And we've been seeing a lot of people on Twitter, some of them
4:54
are trolling and some of them are are most likely serious
4:57
saying that, you know, the the meme right now, like I'm getting
5:00
calls from people and OTC desk have not that much Bitcoin.
5:05
You know, we've been seeing the numbers in the metrics about a
5:07
lot of Bitcoin leaving exchanges.
5:09
So it is interesting to see or at least have someone kind of
5:12
talk about it. And you know, Tom Lee with
5:15
funds, right, his his business is basically market analysis.
5:18
So I'm sure he's got some some receipts to back up what he's
5:22
saying. I'm sure he's not just
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necessarily, you know, talking out of both sides of his mouth
5:26
here, but it is interesting to kind of think on that idea of
5:30
like, well, who doesn't want the Bitcoin price to pump?
5:33
Obviously, like Nico was saying, I think it is kind of Wall
5:37
Street and institutional managers don't want Bitcoin to
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run because they want to pack their bags like they want to get
5:43
a good position before the Bitcoin price starts pumping.
5:46
With that being said, we all know that institutional
5:49
managers, they move slowly and, and I don't think they really
5:52
care about like a one 2%, you know, jump and, and if they're,
5:56
if they're holding Bitcoin for long term, I'm sure, you know, 1
5:58
to 5% in their position size isn't that big of a deal for
6:01
them. But for the exchanges, I mean,
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we all know the meme and the metric of Coinbase always going
6:07
down when the price starts running and everyone's like, OK,
6:09
now we're finally in a bull run. And if you really look in into
6:12
the mechanics of it, it might be because they just don't have
6:15
that much Bitcoin. And then, you know, the the gaps
6:18
there on the price are going to be incredible because as we all
6:22
know, like, yeah, there's only 21 million Bitcoin.
6:24
And the only way to incentivize Bitcoiners to sell that Bitcoin
6:28
is to hit a price that they want to sell that Bitcoin at.
6:31
And so right now, maybe the OTC markets are thin.
6:34
Maybe the Bitcoin that exchanges are holding isn't as much
6:37
Bitcoin as we think it is. You know, remember FTX, everyone
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got to remember what happened with FTX.
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They literally had no Bitcoin. So am I, am I surprised or am I
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thinking that this isn't a possibility?
6:52
No, I think there is an incentive for people to kind of
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fractionally reserve their Bitcoin and kind of, you know,
6:58
pump up how much Bitcoin they actually hold and do trades on
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the back end. I I don't think that that's
7:03
fully cleared out of the market, but I do think that, you know,
7:06
most people are probably learning the game that, yeah, I
7:08
should probably hold all of this Bitcoin that I say I do.
7:11
So would it would I be surprised if we get more information that
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the exchanges are trying to keep the price low because they don't
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have that much Bitcoin? Not not at all.
7:21
And we all know what happens when, when the fireworks do
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start to explode and if they don't have the Bitcoin that they
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claim they do, then the price is going to start running and
7:32
people's businesses are going to blow up.
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So I think there is a lot of incentive to keep the price
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suppressed right now because we all know 100K is that
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psychological point. Yes, I think retail right now is
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kind of looking at 100K Bitcoin and they're like, I don't want
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to buy this, this is way too expensive.
7:49
You know, I can't buy a whole Bitcoin, etcetera, etcetera.
7:51
We've all heard the classic floodlines, but from an exchange
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or an institutional manager like perspective, I think they also
8:00
kind of want to keep the price low so that they can pack their
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bags. Because I think everyone in
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Bitcoin right now is looking at 2025 and, and seeing the tsunami
8:08
on the horizon and wondering like how high can this go?
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I want to lock in my position, lock in my games right now.
8:15
So hey, I don't know, man. It is interesting to hear that
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perspective that it's the exchanges themselves that don't
8:21
want the price to go. We all kind of heard the the
8:24
other floodline or the the classic meme of it's Wall Street
8:27
that wants to keep the price low.
8:29
But now the game is starting to change and we're going to cover
8:31
this in the numbers. I believe today of of the nation
8:34
state FOMO, the game theory starting to kick in.
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Like everyone wants some Bitcoin right now, or rather most people
8:41
that are are paying attention know that they need to get some
8:43
Bitcoin right now. So who knows where the call is
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coming from, but I wouldn't be surprised if this is exactly
8:49
what's going on. And also, you know, just a
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classic meme of in Bitcoin, you know, you always get asked like,
8:55
why isn't the Bitcoin price going here?
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Like, why is the Bitcoin you, you see people in the chat
9:00
constantly like, why did the Bitcoin price go down?
9:02
And it's like, it's simple guys, there's more sellers than buyers
9:04
right now. Like it's, it's very simple
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supply, demand economics here. And so also, you know, that's
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the first time Bitcoin kind of touched 100K.
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So did I think it was going to break on its first touch of
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100K? Not really.
9:19
But, you know, you, you start to catch the FOMO and you start
9:21
getting excited and you're like, yeah, like, let's go.
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Like I'm ready. I'm ready for it to break 100K.
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So I don't know that I think it's an interesting perspective,
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which just means for everyone out there wondering what's going
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on with the price, just like you still have a chance to buy
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Bitcoin under 100K. Make sure you're buying that
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Bitcoin, taking it off exchange. And this, this really is noise
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in, you know, a year, 2510 years from now, Like, are you really
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going to care if you bought 95 K Bitcoin or 100K Bitcoin when
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everyone thinks it's going to a million Bitcoin?
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And it's like, not really. And I think this is what the
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institutional managers are kind of thinking.
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But for the exchanges, it could be an existential crisis if they
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don't have all the Bitcoin they claim they do.
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So there is an incentive there. Absolutely, man.
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Like dude, it's it's the no one's better than their
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incentives. The the great line for American
10:11
from American Huddle. Anyways, joining us on the show
10:14
today, we got our boy Prem Prem is the organizer of the Bitcoin
10:20
vortex. It is South Florida's Bitcoin
10:23
community. You can believe that down here
10:25
in South Florida, we have a Bitcoin community.
10:27
It's real, it exists. So Prem is the man behind the
10:31
scenes. Prem, welcome to Simply Bitcoin.
10:33
You have some events coming up next week that I'm really
10:37
excited about. How you doing man?
10:39
Good day, good day. Simply Bitcoin.
10:41
How's it going, everyone? Yeah, the Bitcoin Vortex starts
10:44
on Sunday. It's a week of Bitcoin events in
10:47
Miami. They're all free for the public
10:50
to attend. So the idea isn't so much that
10:53
you should come to every single event, but if you go to
10:55
btcvortex.com, there is an event for everyone.
10:58
So all over South Florida, if you're in the area, if you know
11:03
someone in the area who's either a bitcoiner or who's like
11:05
Bitcoin curious, then send them over.
11:07
And this is a great week to share in the the good vibes that
11:11
the Bitcoiners are feeling for the last few months.
11:14
I think absolutely. Man, yeah, the kind of in person
11:20
community building with Bitcoiners is incredibly
11:24
important. I know we all kind of live in
11:26
cyberspace, you know, just just something inherently about
11:31
Bitcoin and the Internet and all that stuff, but meet spaces
11:34
where you build those human connections.
11:37
And after all, you know, we are human.
11:39
Maybe some of us, I think Opti's AI, to be honest.
11:43
But but yeah, so definitely go check that out.
11:47
And we're going to talk a lot more about it during the culture
11:50
segment. Also in regards to other news,
11:54
Putin, that's right, the president of Russia basically
11:59
says that no one could ban Bitcoin.
12:02
Is this a coincidence that this is happening, you know, on the
12:06
heels of Donald Trump winning a historic victory?
12:10
I do not think that's a coincidence.
12:11
I think the geopolitical game theory is playing out in real
12:16
time for the world to see. Also, we have an update for you
12:20
guys in regards to the Tornado Cash case.
12:25
Now, what's really interesting as well is the fact that these
12:30
prosecutors and this case is changing with the incoming Trump
12:37
administration. Elections have consequences.
12:40
That's why we've been talking about all year.
12:44
We took a neutral stance for a very long time until they
12:49
arrested the Samurai wallet developers.
12:51
And we said, you know what, that's a line too far.
12:54
We're going to have to speak up. And unfortunately, you know, I,
12:59
I believe that the current administration created an
13:02
opportunity for Trump to capitalize on the opportunity to
13:07
get those Bitcoiner votes because Bitcoiners felt like
13:13
they were being prosecuted and, and targeted.
13:16
And of course, not to mention Trump's promise, which we're
13:19
going to hold his, you know, we're going to hold him
13:22
accountable for this. He did promise free Ross day
13:25
one. So let's see if if he comes
13:29
through on that promise. So anyways, guys, we have a a a
13:32
show for you guys today, jam packed full of content and
13:36
signal. You guys are enjoying the show
13:38
so far. Make sure to smash that like
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button really, really helps with the algos.
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Shout out to all you guys on YouTube, Rumble and X.
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Anyways, before we jump into today's show, I do shout out to
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At the time of recording, the Bitcoin price is $95,240.
18:12
Block height is 873,240 sats per dollar. 1050 market cap 1.89
18:20
trillion Bitcoin priced in gold 36 oz Bitcoin versus gold market
18:25
cap 10.24% Percentage issued 94.2% to 94.24%.
18:33
Decline from all time high -4.5%.
18:36
Realize monetary inflation that continues to tick down,
18:39
continuing to take Fiat currencies to absolute school.
18:43
So what is the big news today during the numbers segment?
18:47
Breaking news on X Putin, Bitcoin and digital assets to to
18:52
grow Despite sanctions Russian President Vladimir Putin has
18:58
declared that Bitcoin and digital assets will continue to
19:01
develop, as stated during the BRICS Business Forum in Moscow.
19:06
This statement aligns with Russia's growing interest in
19:09
digital currencies for investment.
19:13
And here is the most important part of this And as a strategic
19:18
response to Western sanctions suggesting a potential increase
19:24
in Russia's role in global cryptocurrency mining and
19:28
transactions. Recently, Vladimir Putin
19:32
legalized Bitcoin mining within Russia.
19:36
Also, a judge in China claimed that owning Bitcoin as property
19:42
is legal. So why are some of the most
19:45
totalitarian countries on earth doing a 180 on Bitcoin?
19:51
The reason is because the United States government has weaponized
19:56
the dollar in the form of sanctions.
20:00
Now, they pitched the American people that by weaponizing the
20:03
dollar, what they're doing is they're going after these
20:07
governments hoping for some type of regime change.
20:11
However, the victims of a lot of the sanction policy.
20:16
Are the citizens of these countries themselves these
20:21
citizens are innocents they have nothing to do with their
20:24
governments they're just like you and I they want to feed
20:27
their families and just get home and have a good life and work
20:31
make some money you know have a good time that's.
20:34
What I think 90% of the world is like that, right?
20:38
This is why Tether is becoming so popular all around the world
20:43
because essentially it lowers the ability for people to get
20:47
access to a stable Fiat currency.
20:50
Now, I think it's inevitable that Bitcoin, you know, kind of
20:55
plays a role as bitcoins price continues to grow and its
20:59
volatility decreases and it transitions from a store of
21:02
value into a medium of exchange. I think that's inevitably going
21:06
to happen. But it's beautiful to watch this
21:09
game theory play out because essentially you win as a
21:14
bitcoiner. You have Donald Trump saying,
21:16
hey, we want all the Bitcoin to be mined in the United States.
21:20
And then on the other side of the pond, we have Vladimir Putin
21:25
saying, hey, you know what, I kind of like Bitcoin.
21:28
It's great. It's it's awesome.
21:30
It's phenomenal. We're going to use it for mining
21:31
and transactions. When countries compete for your
21:35
business, when countries are competing to buy your Bitcoin,
21:38
you as an individual bitcoiner when?
21:41
Anyways, let's check out the clip of Mr. Putin or President
21:46
Putin better said it is in Russian, but there is captions
21:49
on the bottom. He's talking, he's having an
21:53
interview. There's one with the translator.
21:55
This one got the translator. Is this the one?
21:57
Let me see. Maybe the Bitcoin mag 1?
22:00
I don't. Know you could do it?
22:02
No, that's Russian. All right here, I'll send it to
22:05
you, but. You could do it.
22:08
I'll just translate. But anyways, so yeah, I'm going
22:12
to play you guys the video. If you guys are watching the
22:13
video version of this, I'm going to play it without audio, but
22:16
I'm going to translate what Putin is saying.
22:18
You guys are watching it on on. If you guys are listening to it
22:21
on audio, I'm just going to just read what he's saying.
22:23
So anyways, who can ban Bitcoin? Nobody.
22:28
And who can prohibit the use of other electronic means of
22:31
payment? Nobody because these are new
22:35
technologies and no matter what happens to the dollar, these
22:39
tools will develop one way or another because everyone will
22:44
strive to reduce costs and increase reliability.
22:51
So I mean that is massive. That is massive because you
22:56
know, this is the president of of the most nuclear armed nation
23:02
on the face of the planet, basically admitting that you
23:08
can't stop the honey badger, right?
23:11
And then simultaneously, what's happening in the United States
23:15
of America is you have the, which we didn't know at the
23:21
time, but we have the president-elect gave a, gave a
23:24
speech at the Bitcoin conference, you know, basically
23:29
saying, have fun with your Bitcoins and you know, I'm going
23:32
to make you guys rich and it's going to be phenomenal.
23:34
And guess what? Ever since Trump won the
23:36
election, we've had the Trump pump, right?
23:38
So do I think it's a coincidence that Putin is saying this?
23:41
Do I think it's a coincidence of what's happening in China?
23:44
Do I think it's a coincidence that all of a sudden Morocco
23:47
unbanned Bitcoin? Coincidentally?
23:49
No, they're seeing the United States and they're saying, holy
23:52
cow, if we don't change our regulatory outlook on this, we
23:57
risk ourselves getting left behind.
24:00
So very, very interesting. I'm going to pass it on to Prem
24:02
first. Prem, what is your take on this?
24:05
Like never in a million years could we have imagined one of
24:09
the most authoritarian governments or the leader of
24:14
that government basically saying like, you know, we, we can't
24:17
make this thing go away even if we wanted to.
24:19
What's your take? I think the most important
24:22
aspect of this story is the psychological effect that this
24:26
is going to have on populations all over the world.
24:29
The fact that the president of one of the most powerful
24:33
countries in the world is saying this and saying it more often is
24:40
going to start waking a lot of normies up.
24:43
There's a lot of no coiners, pre coiners, whatever you want to
24:46
call them, who still look at Bitcoin and other crypto
24:50
currencies as being weird or being strange, illegal, being
24:56
illicit. There's a lot of negative
24:57
connotation and baggage that comes with it.
24:59
So I think this and what Trump did at the Bitcoin conference,
25:03
it's moving the Overton window, right?
25:05
It's preparing entire civilizations to start
25:09
considering policies like a Bitcoin reserve that are going
25:14
to take us into the future and start to change world politics
25:16
in ways that we currently can't imagine.
25:19
But it's inevitable. And so I think Putin is
25:22
acknowledging the inevitable. I don't think this is new to
25:25
him, but the fact that he's doing it so publicly is
25:28
important because it's going to be it's going to open up a lot
25:31
of people's eyes. The same way I think Trump
25:32
saying it is going to open up a lot of people's eyes to the
25:34
point where it's going to take a little time.
25:36
But eventually, you know, even the the opposition of Putin and
25:40
the opposition of Trump, whatever, you know, these people
25:42
are also going to start accepting the reality of
25:46
Bitcoin. That's an inevitable tool that
25:48
is literally going to reshape the entire world economy.
25:52
Beautifully, beautifully put and I I think I heard you say
25:55
Overton window. We're a huge fan of the Overton
25:59
window here at simply Bitcoin. In fact, I think the chat has a
26:02
drinking game every time Nico says Overton window there
26:06
someone takes a shot. Well, every time the guest says
26:11
Overton window, I think it's two shots.
26:13
I think those are the rules, right Opti?
26:15
Anyways, Opti you're making. Them on the fly.
26:16
What is your take on Vladimir Putin?
26:19
Just keep in mind that you are talking about Vladimir Putin.
26:23
And you know, I'm personally, I think he's, he's a good
26:26
president. He's a good president of Russia.
26:27
That's my, that's my opinion. What's your opinion, Opti?
26:31
Well, let's not forget that Trump did just tweet like our
26:35
Truth Social post or whatever a couple days ago about the fact
26:39
that countries are leaving the US dollar.
26:42
And he basically threatened them about, hey, if you leave the US
26:45
dollar, you know, we're going to smack huge tariffs on you guys.
26:49
And he's basically forcing people to not leave the US
26:51
dollar, which is a trend we've been seeing throughout the whole
26:54
year, that a lot of people are looking at U.S. debt.
26:56
And they're like, yeah, I don't want to hold treasuries.
26:58
Like, why am I using the dollars?
27:00
It's something less bit corners talk about constantly.
27:02
It's like, why are we being forced to use a money that
27:04
another person can, that another person has control over and is
27:08
designed to steal from us? And now the cat is out of the
27:11
bag. And so I don't think that it's a
27:13
coincidence that a couple days later we're getting this sound
27:17
clip from, you know, Vladimir Putin saying, hey, they want to
27:21
sanction us, go for it. Like no one can stop Bitcoin.
27:25
You know, there's new technologies that are being
27:27
built. There's there's new avenues now
27:30
that no one has control over. And this is the global game
27:33
theory playing out in real time. And again, it's like continuing
27:38
back to what we've kind of been covering throughout the whole
27:41
year of the BRICS nations kind of posturing that they're going
27:45
to create their own new currency.
27:46
They've been looking for new payments vehicles, you know,
27:50
they're trying to create something that can rival the
27:52
SWIFT system. Am I surprised?
27:55
No, like, I am pretty sure that these conversations have
27:58
probably been happening behind the scenes for a long time.
28:01
But this is a new development with Putin kind of coming out
28:04
and being like, look, bro, you want to sanction us?
28:06
You want to kick us off the dollar?
28:08
Like now we have a technology that we can use.
28:10
And I think once they, you know, they as in China or Russia or
28:15
any of America's adversaries right now fully embrace Bitcoin,
28:20
then they're really kind of putting like a mental judo move
28:22
on America. And they're really going to
28:24
force us to either, you know, put up or shut up, and we will
28:28
have to be forced to use Bitcoin in America.
28:30
And now that Putin's kind of talking a little more favorably
28:32
about Bitcoin, it will be interesting to see if all the
28:35
BRICS nations, you know, very quickly start to adopt Bitcoin.
28:39
And if they do, instead of trying to create a new paper
28:42
Fiat currency or a new Swiss system and they just start to
28:45
use Bitcoin, like, that will fundamentally change the game
28:48
being played right now. And America will have no choice,
28:51
like China will have no choice but to use Bitcoin.
28:54
And obviously, this is what we've been talking about for a
28:57
long time, that the adoption of Bitcoin is a necessity.
29:00
And as things are, the US has been weaponizing the dollar
29:05
against the rest of the world. We only really have two exports.
29:08
Well, really, it's like 1. But I like to say that the US
29:11
exports its culture, and then we export our debt to everyone
29:15
else. And now everyone is waking up to
29:16
this. And so this is stuff that
29:19
Bitcoiners have been talking about for a long time.
29:22
And so it is, I think a new development where Putin is out
29:25
here very publicly saying like, hey, you want to sanction,
29:28
that's cool. Like no one can ban Bitcoin.
29:30
Remember the classic meme we've been saying on the show forever?
29:32
Like you can't ban Bitcoin. You can only ban yourself from
29:35
Bitcoin. And here we are.
29:36
It's playing out in real time. So as classic saying for
29:40
Bitcoiners go, hey, Bitcoin is for enemies.
29:43
We know everyone is going to eventually use Bitcoin.
29:46
A lot of people you don't like will use Bitcoin.
29:49
But that's the beauty of Bitcoin.
29:50
It is it is a political money, it is neutral money that no one
29:54
can control. And the whole world will
29:56
eventually get on the Bitcoin rails and and the Bitcoin
29:59
network and use Bitcoin as money.
30:01
And I think this is the the beginning of this happening now.
30:05
Now we're seeing that there is another option like there is an
30:09
alternative to being debanked from the SWIFT system and it is
30:13
adopting Bitcoin. So all the games that bricks has
30:15
been playing around this, you know, creating a new Fiat
30:18
currency, etcetera, etcetera. Like it it's starting to prove
30:22
that, hey, this is a futile response and if you really want
30:25
to win and you really want to kind of lead the game and be an
30:28
innovator, you need to adopt Bitcoin.
30:30
And it's happening very, very coincidentally ever since Trump
30:34
kind of came out and been like, oh, you want to leave the
30:36
dollar? Hey, BRICS nation, do you want
30:38
to abandon the dollar? Like I am going to punish you.
30:40
And now we're like, well, you can't ban Bitcoin.
30:42
And everyone's like, uh oh, I don't like Putin.
30:46
Putin bad. Therefore, in the future, I'm
30:48
sure we're going to see like Bitcoin bad because Putin uses
30:52
this is Bitcoin. And you know, we've we've been
30:54
constantly covering these attack vectors that we are as Bitcoin
30:59
is going to be kind of painted as criminals because we've
31:02
understood the game and we understand what's going on in
31:04
the world. And it's all about the control
31:06
of money. It's always about the money.
31:08
It will always be about the money.
31:10
And now there's a neutral money that no one controls and they
31:13
and the world's fundamentally changing.
31:14
So hey, game on. 100% game on. And this is the this is Bitcoins
31:21
incentive geopolitical game theory playing out in real time
31:27
as bitcoiners have been predicting for many, many years.
31:30
Max Keiser calls it the global hash wars.
31:34
You're going to see a race just like MicroStrategy is racing to
31:37
acquire as much Bitcoin as possible.
31:40
You're going to start to see nation states, you know, get in
31:43
the ring and say, hey, we want to acquire as much Bitcoin as
31:46
possible because Bitcoin is the superior asset.
31:51
Anyways, guys, let's get to news.
31:53
We have an update on the Tornado Cash case for you guys.
31:56
Again, Tornado Cash case is incredibly important because it
32:00
is the case that essentially is going to set the precedent as to
32:04
whether the United States government is able to sanction
32:07
open source software or not. And we have to remember, guys,
32:10
what is Bitcoin? Open source softer, right?
32:14
So we have an update for you guys.
32:16
It's positive on one end, it's negative on the other.
32:19
You're going to want to stick around to find out.
32:21
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34:48
important news. But before that, we should feed
34:51
some goats. So this is lightening goats.
34:55
And essentially the way it works is you scan that QR code, which
34:59
I'm going to do on the screen right now, and you send it some
35:04
sats and some food drops and the goats go wild and then they eat
35:10
the goat feed thing. So I'm just sent the lightning
35:15
transaction and we are about to see some goats to go wild.
35:21
Boom, it happened. The goats are moving and all the
35:26
goats are eating. Oh my God, what is happening?
35:31
OK, let's get to today's news because we got a lot of
35:34
important news to cover today. Opti is shaking his head.
35:37
I mean bro, like those goats haven't been fed man, and I was.
35:41
You're such a humanitarian, such a humanitarian or animalitarian,
35:46
I don't know. PETA would be proud.
35:48
The theme of today's show is elections have consequences.
35:54
We got a lot of crapola when we were covering the whole Trump
36:02
and and Biden thing. And we are making the case that
36:05
it wasn't a left or right thing. We were making the case that it
36:09
was a we are making the case that it was.
36:15
It was essentially having a pro Bitcoin administration in the
36:22
White House versus having an anti Bitcoin administration in
36:27
the White House. And we kept beating the battle.
36:29
We got so much because people got so tied up with Fiat
36:33
politics and we just went down this rabbit hole and like, and I
36:37
kept saying, guys, Bitcoin over party.
36:39
It's not about ideologies. Bitcoin is for everyone.
36:42
Doesn't matter whether you're left or right, but you would
36:45
obviously I hear goats in the background.
36:48
I did not believe that. It's like so, and I kept saying
36:54
I'm like, listen guys, this is not about party.
36:57
This is about whether you want a positive regulatory environment
37:01
in the United States, which is extremely important if you are a
37:05
Bitcoin entrepreneur or if you are just kind of a bitcoiner
37:11
living in the United States. And that's the case I'm going to
37:14
make for you guys today. Elections have consequences.
37:17
So just like Putin is changing his stance on Bitcoin,
37:21
legalizing Bitcoin mining China, the Chinese judge is basically
37:25
saying, hey, you know what, you can own it as property.
37:28
And remember, China's like super top down.
37:31
It's the CCP, right? So that judge would not be
37:35
saying that unless, you know, they got approval from the top,
37:39
right? But anyways, so moving on to
37:45
today's Samurai Wallet and Tornado Cash update again, do I
37:50
think it's a coincidence that this is happening on the heels
37:55
of a Trump victory? No, I do not.
37:58
So the headline is from No BS Bitcoin is Samurai Wallet and
38:02
Tornado Cash prosecutor Damian Williams to step down.
38:07
In December, Damian Williams, the United States Attorney for
38:11
the Southern District of New York and the District's chief
38:14
federal law enforcement officer announce his resignation.
38:19
Damian Williams assumed office on October 10th, 2021, appointed
38:24
by President Joe Biden. During his three-year tenure,
38:28
Williams has overseen many high profile cases, including the
38:32
convictions of SPF. Oh my God, I don't even know if
38:35
I could say that name. And the prosecutions of the
38:39
prosecutions of New York City Mayor Eric Adams, rap artist.
38:44
I can't even say that name either.
38:47
You guys just like all the things, all the people that
38:50
we're not supposed to be talking about.
38:52
Apparently this guy was the prosecutor of all that and and
38:57
as well as developers of Tornado Cash and Samurai Wallet.
39:02
Here is the official announcement quote.
39:06
Today's a bittersweet day for me as I announce my resignation as
39:11
United States a journey for the Southern District of New York.
39:15
It is bitter in the sense that I am leaving my dream job leading
39:19
an institution I love that is filled with the finest public
39:22
servants in the world. It is sweet that I am confident
39:25
I am leaving at a time when the office is functioning at an
39:28
incredibly high level, upholding and exceeding it's already high
39:33
standard of excellence, integrity and independence.
39:38
Lol here is Lola. She says here's a win for
39:43
Bitcoin. the US Attorney responsible for the prosecution
39:47
of Samurai Wallet and Tornado Cast just announced that he is
39:51
stepping down in December. Now do I think this is a
39:55
coincidence that he is stepping down right before the Trump
39:59
administration is coming in? Where the recently announced
40:03
head of the FBI Cash Patel. Said that he would if you guys
40:10
are you should you guys should watch the video version of the
40:12
show. OK Cash Patel said that he would
40:16
you know, uncensor a lot of these lists that belong to
40:22
certain people. So do I think that's a
40:25
coincidence? I don't think it's a
40:27
coincidence. Also, do I think it's a
40:30
coincidence that the special counsel that was investigating
40:35
and prosecuting Donald Trump steps down before Donald Trump
40:41
is inaugurated? No, I don't think that's a
40:43
coincidence. Do I think it's a coincidence
40:46
that Chair Gary Gensler is stepping down and literally the
40:51
day of inauguration, so symbolic January 20th?
40:55
No, I do not think that's a coincidence.
40:58
So going back to like the original theme that I've been
41:01
talking about, and I'm going to tell you guys, for all the
41:06
people that gave me an Opti crap, we told you So elections
41:11
have consequences. And I think Bitcoiners have this
41:14
very utopian view of they believe that the transition to
41:20
the information age has already happened, that, you know,
41:23
politics is irrelevant and that you can just, you know, go about
41:29
your life and do your thing. And we are still in the Fiat
41:33
world. We're transitioning to the
41:36
information age where politics eventually becomes less
41:39
relevant. The more that Russia and the
41:42
United States and China and all these countries start competing
41:46
for Bitcoin and the business of Bitcoiners, right, the more
41:49
favorable the jurisdictions are going to be because they're
41:52
going to want to attract talent, they're going to want to attract
41:54
entrepreneurs, they're going to want to attract capital.
41:57
But as things stand right now, we still kind of live in Fiat
42:02
world. And because we live in Fiat
42:05
world, elections have consequences.
42:09
I. Stick a few exclamation points
42:11
in there, Nico. Yeah, exactly right.
42:13
Not the periods. Elections have consequences.
42:15
And by the way, this is going to hold true for I would say the
42:20
next couple decades in my opinion.
42:22
So when the midterms come around in 2022, we will be covering
42:27
that. When the next presidential comes
42:29
around, presidential election comes around in 2028, we will be
42:32
covering that. We don't care whether it's a
42:34
Republican or Democrat, we will be supporting the candidate that
42:39
is pro Bitcoin. And if they're pro Bitcoin, they
42:42
are pro our movement. So great news on the Tornado
42:46
Cash case, great news on the Samurai wallet case.
42:50
I, I believe that there was another victory in the Tornado
42:53
Cash case where a judge ruled that essentially it was unlawful
42:59
for the Treasury to sanction open source software, which is
43:03
just insane just thinking about that.
43:06
But again, this just like the Putin news, this is not a
43:11
coincidence. Elections have consequences.
43:14
I cannot emphasize that enough. We have lightning goats in the
43:18
chat saying by 2028 they are all pro Bitcoin.
43:22
I would agree. But I, I texted Dennis this
43:25
because we, we try to get Elizabeth Warren elected out and
43:29
we got close. But it's a, it's a heavily blue
43:31
state. But you know, the, the
43:33
Republican opposition that was funded by the Bitcoin and crypto
43:37
lobby. We, we got somewhat close.
43:40
The job is not done until Elizabeth Warren is elected out.
43:43
So senators, for anyone who's not well versed in US politics,
43:47
senators have six year terms. So we still have to deal with
43:51
Elizabeth Warren for six years. That's the reality.
43:53
That's why I said this is going to be multi decade.
43:56
So hopefully in six years we'll be able to have enough influence
44:01
that we will be able to mount enough of an opposition to get
44:05
her out of office because our job isn't done until any anti
44:10
Bitcoin a politician is democratically elected out of
44:15
office because they are really not representing the best
44:20
interests of the American people.
44:22
Anyways, I'm going to pass it on to Prem.
44:24
Prem, what are your thoughts about this my friend?
44:27
Well. 1st, I want to say let's wait and see, because I think
44:31
one of the unfortunate realities about politics is that you don't
44:36
know until things really happen. So Trump has made a lot of
44:39
interesting suggestions for cabinet positions, but all these
44:42
positions need to be approved by the Senate.
44:45
I've seen my Twitter feed just blowing up with a lot of
44:48
optimism over the election. And I, like so many people do
44:52
hope for the best. I hope we're going to have a
44:54
really great four years. But you know, the politics is
44:58
getting get real dirty, can get real stab you in the back kind
45:02
of situation. And so I think for instance,
45:04
like with Gary Gensler, some people were a little bit
45:07
optimistic that based on the course that he had taught at
45:09
MIT, he seemed to be have a pretty good understanding of
45:13
Bitcoin and what differentiated Bitcoin from crypto.
45:16
But as, you know, as his term in office kind of went on, he he he
45:22
seemed to start to get more and more needlessly aggressive,
45:26
authoritarian, and perhaps it was to try to exert power
45:30
against some of the other, you know, agencies in the executive
45:32
branch. I don't really know what caused
45:34
things to turn out the way it did, but he turned into, I think
45:38
persona non grata for the crypto and for Bitcoin.
45:41
And so I, I hope for the best, but it's not until we, you know,
45:46
like the politics really plays out and everyone's in in their
45:49
different positions and start enacting policy that we're
45:52
really going to see what the next four years are going to be
45:54
like. So I'm hoping for the best.
45:55
But at the same time, I think the swamp is very deep and murky
45:58
and it might surprise us. 100% yeah.
46:02
And and, you know, they're the, there has been, you know, it is
46:07
an uphill battle. I think the Republican Senate
46:11
Majority Leader, I mean, he stepped down, but he's still
46:14
pulling the strings behind the scenes.
46:15
Mitch McConnell, I think got a huge victory when Matt Gaetz
46:19
essentially kind of bowed down and, you know, said he wasn't
46:23
going for attorney general. We got Pam Bondi from Florida.
46:26
She's great, but obviously not on the kind of Matt Gaetz level
46:30
of stuff. Obviously, we got to get Tulsi
46:33
Gabbard. We got to get RFK in there and
46:38
you know, Cash Patel and these are all going to be people that
46:42
are really, which is what I think we're up against.
46:45
They're really going to try to start the process of of
46:51
dismantling the administrative state, which is essentially the
46:55
unelected bureaucracy that remains in power regardless of
46:58
who gets elected, that continues to get bigger and bigger every
47:02
single year. And because government is
47:05
inherently unproductive, it doesn't make profit.
47:08
It's not a business. In order for government to
47:11
maintain itself is essentially needs to extract resources from
47:15
the people. But I agree with Prem.
47:18
The Republicans have a slim majority in the House.
47:24
California took 30 days to count votes.
47:27
Aren't they still counting? Yeah, it's very interesting.
47:30
Florida counted the votes in a day, and India, the largest
47:34
democracy on the planet Earth, took 24 hours, 30 days.
47:37
That's interesting. So, yeah.
47:40
And the Republicans have a slim majority in the House.
47:44
I believe it's 2020 to 2014. So yeah, I mean it, it's going
47:51
to be very interesting what happens.
47:54
I think it Trump does have a trifecta.
47:57
He has control of the House, he has control of the Senate, and
48:00
he obviously has control of the executive branch.
48:02
So he really has two years in control of government on all
48:07
kind of branches of government in order to really pass
48:11
legislation. And then there's the midterms.
48:13
Historically speaking, if you guys are not well versed in
48:16
American politics, the incumbent party tends to lose control of
48:20
the House during the midterm election.
48:23
So we'll see what happens. I'm optimistic like Prem said,
48:28
but you know, it's time to push up or shova.
48:31
You know what will make me really hyped?
48:33
If if Ross is freed. If Ross is freed.
48:36
And that should happen within the first month, right?
48:39
Because it remember he wished. Power.
48:42
I don't know about that, but he wished Trump and Trump wished
48:45
Bitcoin happy birthday right by name and he put a hashtag in
48:48
there free Ross day one. So I will I will be a Trump.
48:54
I will go from Trump fan to not a Trump fan very, very quickly
48:59
if we don't see movement on that front.
49:01
But I, I believe, I believe Ross is going to be freed Q1 of 2025
49:06
anyways. Opti, what is your take on all
49:09
this my friend? What are you seeing that we are
49:11
not seeing? Well, I think everyone knows
49:14
that I am the least political person here and the least amount
49:19
of faith in politics possible, which is kind of why I am a
49:23
bitcoiner in the 1st place. I, I guess I can probably say I,
49:27
I, I believe in the UNI party, you know, left, right, it's,
49:31
it's 2 wings of the same bird. And you know, you guys kind of
49:34
said it a minute ago that like there is a lot to clear out of
49:38
the swamps, so to speak. And This is why, you know, this
49:43
year I, I think I gained like a, I'm like the Grinch heart, you
49:46
know, it's almost Christmas. Like my heart grew a little bit
49:49
in, in terms of politics mattering and elections having,
49:52
you know, consequences and all that.
49:55
And it does seem like we're seeing a favorable
49:58
administration for Bitcoin. I'm still very critical of it
50:01
and I'm obviously very skeptical of what's going to happen.
50:04
And like you guys said, you know, I, I don't think the
50:06
battle is done until Ross is freed on day one.
50:09
Obviously, I will be super vocal if that doesn't happen when
50:13
Trump does get into office. And then going further,
50:16
considering the news stories we were talking about, you know,
50:18
the Tornado Cash and Samurai Wallet prosecutor stepping down,
50:22
we're seeing that the courts are kind of changing their tune in
50:25
regards to what the Tornado Catch and Samurai Wallet guys
50:29
did or didn't do. And so it is seeming like there
50:32
is some good, I don't know, like there is some good things kind
50:36
of developing. But with that, I do believe that
50:40
like the fights not done until the samurai wallet guys are out
50:43
and free and and, you know, walking and and we have some
50:46
closure on that going forward. But it does seem like we are
50:49
kind of seeing some clarity in regards to the fact that not all
50:53
of us who run nodes are criminals.
50:54
And you know, if you don't touch, if you don't actually
50:58
hold the coins, you know, you don't need a money transmitter
51:00
license. Now, obviously Bitcoin won't
51:03
bend the knee to politics and politics will have to bend the
51:06
knee to Bitcoin. And we're seeing that in real
51:08
time. Bitcoin is changing the course
51:10
of not only politics, but history or, you know, financial
51:13
future right now. And so I am hopeful at least in
51:17
this time right now, we still have about what like a month,
51:22
maybe six weeks or something until we do get some further
51:25
clarity on what's going on. But it is very hopeful.
51:28
And remember yesterday, you know, we got an announcement
51:31
that the new head of the SEC is going to be pro crypto, you
51:34
know, at large. And so it is kind of heading
51:37
towards the direction that things might be favorable for us
51:40
Bitcoiners in the US. And it really just kind of goes
51:43
to what I said throughout the year that like Bitcoin has a
51:47
movement, you can't ignore it. And I think if we do get four
51:51
years of cover here in 2028, it, it's going to be career suicide
51:56
to fight Bitcoin because it's going to be just so ubiquitous
52:01
with just the future with with reality and where we are right
52:04
now. It's like, imagine a politician
52:06
going out there and talking about banning the Internet.
52:08
People would be like, what, like, what are you even talking
52:10
about? Like, how are you even going to
52:11
do this? Like what kind of stupid
52:13
position is this? And I think we're kind of
52:15
heading towards that direction, but it is very interesting and I
52:18
am hopeful considering all the things we're seeing in the last
52:21
couple of weeks of this year, that things might be, you know,
52:24
moving in the right direction. But with that, I, I still have
52:27
my tinfoil hat on. I'm still skeptical of what's
52:30
what's going to happen. I don't have much faith in the
52:33
system as it is. I know that we, you know, we
52:35
live in society and there are rules and laws and stuff that
52:40
play out and have consequences on our lives.
52:42
And so hopefully in, in a couple of years, we, we do have some
52:46
clarity and people kind of come to the Bitcoin side and they
52:49
realize I can't find Bitcoin. And I mean, just kind of
52:51
connecting this with what Putin was saying.
52:53
It's like you're seeing this happen around the world now.
52:56
Will the US finally take that, you know, leap of faith here and
53:01
realize that Bitcoin is an anti American that, you know,
53:04
connecting your patriotism to the dollar might actually be the
53:08
anti American, you know, stance here here and that Bitcoin will
53:12
proliferate freedom and prosperity, which apparently,
53:15
you know, this country was supposedly built on.
53:18
And it seems like our political system and and the powers that
53:22
be have Co opted what what the, you know, US was supposedly
53:27
built on. And I'm hopeful for the future.
53:30
I'm hopeful for all peoples around the world.
53:32
And I think if they embrace Bitcoin and instead of fighting
53:35
Bitcoin, things will be better. So I do like to see these
53:38
developments but I don't know, maybe I just still have PTSD and
53:43
I'm just like, I don't trust. This like.
53:46
I just don't believe in it. Yeah.
53:47
But I'm hopeful. I am hopeful.
53:50
Incredible. Yeah.
53:51
Very, very great summary, Opti. I completely agree.
53:55
I think so many people have have lost faith in the political
53:59
system. And I think that's why really
54:01
you're seeing the rise of populism.
54:03
That's, you know, but Trump is a representation of that on the
54:07
left. You, you saw the rise of Bernie
54:09
Sanders before that, they stopped that in its tracks.
54:12
So you're seeing kind of like the rise of, of, of populism
54:16
around the world. And I think that really started
54:19
in 2008, right? Essentially Main St. bailed out
54:23
Wall Street and we're, we're still paying the consequences of
54:28
that till this day. And I think a lot of the PTSD
54:33
that a lot of us feel, especially if you're in the
54:35
younger generations, is because that was like the biggest crime
54:40
of the century. Would that has a has had a
54:44
severe impact on the younger generations.
54:48
You know, and they're, and they're even getting so
54:50
emboldened that their own, you know, propaganda is like, you'll
54:53
own nothing and be happy. And basically Bitcoin is a
54:56
revolution and saying, you know what, if you guys, I'll own
55:00
Bitcoin and be happy and I'm going to feed soats.
55:05
We're going to do that once again.
55:06
Yes, here we go. Let's up those goats.
55:10
Let's. Feed those goats even though I
55:11
don't see them on screen. Sat.
55:14
I don't know what you're doing bro, but let's let's do it.
55:18
How many sats 1050? Let's go.
55:22
Hope those goats are there to get the feed.
55:26
They'll be there once they hear the noise.
55:28
Let's see, it has been paid. They're out forging.
55:32
Oh, SAT you, you scammed me out of my lightning.
55:36
All right, everybody, we're going to transition to the show,
55:38
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Everybody well, we're back and I want to tell you guys about the
56:35
dopest or one of the dopest Bitcoin conferences of the year,
56:42
Bit Block boom 2025, and you definitely don't want to miss
56:47
it. It's April 4th, 3rd, 4th, 5th,
56:50
and 6th in Dallas, TX, maybe one of the best Bitcoin conferences
56:56
of the year. This is this is like a homie
56:58
Bitcoin conference where it's not too big, it's not too small,
57:03
It's just the right size where you have the opportunity to go
57:06
up to some of your favorite Bitcoiners and spark up a
57:10
conversation with them. Whether that's Opti, whether
57:12
that's like people like Jimmy Song, whether that's like Dante
57:16
Rustin, whoever you want to talk to, you can go up to them, spark
57:19
a conversation with them. Perhaps you want to get a job in
57:22
the industry. You know, you're like, I love
57:24
Bitcoin, I want to work in Bitcoin.
57:26
One of the best places to get jobs are these conferences and
57:31
highly recommend it. This is the first.
57:33
This is the conference where me and Opti talk.
57:36
We're going to be talking about meatspace today.
57:38
The first conference for me and Opti actually met in the flesh
57:41
in real life. So guys don't want to miss Bit
57:44
Bloc Boom in 2025. Get your tickets quickly.
57:48
The prices do increase the longer you wait.
57:51
So April 3rd, 4th, 5th and 6th of 2025 market in your
57:56
calendars. I want to see you guys in
57:58
Dallas, TX at Bit Block Boom 2025.
58:02
Use promo code BBB 21 to get $100 off of your tickets.
58:10
Anyways, we got our boy Prem in the house, South Floridian
58:16
Bitcoiner, the very, very few of us that exist.
58:19
We are real. We're not unicorns and Prim is
58:24
going to be throwing some back-to-back events down here in
58:28
South Florida. So we're really excited to have
58:31
them on the show today to talk about that Opti.
58:34
Yeah, I mean, let's let's just do a TLDR Prem, what is Bitcoin
58:39
Vortex Miami week and we'll get the dates.
58:42
I got your website and then we'll talk about why you're
58:44
doing it. And you know, I I got AI got a
58:46
question I asked you guys earlier.
58:48
So let's just start with the TLDR. What is Bitcoin Vortex?
58:51
So the Bitcoin Vortex is a bunch of different local meetups that
58:55
usually happen randomly, but through a bunch of begging and
58:59
pleading and asking nicely, I get them all to happen in the
59:03
same week. So it's a way to kind of bring
59:06
different local Bitcoin communities together and for
59:09
Bitcoiners to meet each other in person.
59:11
Because I think there are more Bitcoiners in South Florida than
59:15
we think. They just tend to.
59:18
They tend to live online mostly. And so I'm just kind of giving
59:21
them an opportunity to come out and meet other people.
59:24
Love it. Let's go over some of the dates.
59:26
So I got your website here, maybe highlight some events
59:29
here. You know what, when is this
59:31
taking place? And you know, is it you like you
59:34
said, it's free. So everyone just shows up like
59:36
what's the what's the technicals here?
59:38
Yeah. So like I said, these are mostly
59:40
different kinds of meet ups. So I, I do Bitcoin brunch.
59:43
I think the on Sunday the 8th, it's going to be the 186th week
59:47
in a row that I've done Bitcoin brunch in Miami.
59:50
And then, you know, Monday Broward County Bitcoiners.
59:53
On Tuesday we have the return of the Miami Bitcoiners meet up,
59:56
which used to be a pretty big meet up that would happen in
59:58
Brickell. On Wednesday.
1:00:01
We've got happy hour happening in Miami Beach.
1:00:04
And then the Broward County Cypherpunks is the inauguration
1:00:07
of a new meet up that's focused more on the, you know,
1:00:10
cybersecurity, on crypt cryptography and the more
1:00:14
technical side of things bit devs, which is like the classic,
1:00:18
you know. Bitcoin meet up where you learn
1:00:20
more about the technical side of Bitcoin development.
1:00:23
They're having their 36th meet up there and then Friday we're
1:00:28
it's still to be decided about the beach day, but we're
1:00:30
definitely going to have one. It's just a matter of, you know,
1:00:32
check the website for the announcement.
1:00:34
All this stuff is volunteer. Like I got a day job that I work
1:00:37
40 hours a week usually, but I'm really passionate about
1:00:40
bitcoiners meeting on Friday. We're doing a screening a dirty
1:00:43
coin. So it's very limited seating.
1:00:45
The link is on BTC vortex. So if you haven't seen it yet,
1:00:49
you can come Dirty Coin, there's only 20 seats available.
1:00:52
And then closing out the week, we've got a field day that's
1:00:55
going to be happening on Saturday in South Beach.
1:00:57
The details will be added today. So when people check later on,
1:01:00
they're going to see those details.
1:01:02
And then finally, I think the 187th Bitcoin brunch to close
1:01:06
out a week of Bitcoin meet up. So, you know, people sometimes
1:01:10
come from out of town. I know we've got some friends
1:01:11
from Saint Augustine coming and maybe some from some other
1:01:14
cities, and just really the idea is to get local.
1:01:17
So if you're in Miami, if you're in Broward, if you're in West
1:01:19
Palm Beach, please just find one of these dates and times that
1:01:22
work for you and come out and chill.
1:01:25
Love it, love it. And actually, you know, kind of
1:01:28
just diving into why you created the vortex for this week.
1:01:32
You were telling us earlier, you know, getting these
1:01:34
relationships into meat space. This is one of the things you're
1:01:37
passionate about. So let's get a little rant on
1:01:39
the importance of actually meeting other people in real
1:01:42
life. Oh, for sure.
1:01:44
I mean, there's so many things I could say to start with when I
1:01:46
started Bitcoin brunch a little over three years ago, Miami was
1:01:50
hands down cryptocity. It was just rampant.
1:01:54
We had, you know, Miami coin was coming up and I was just
1:01:58
overwhelmed with all of what what just kind of seemed like
1:02:01
distractions to me. And I was really interested in
1:02:03
Bitcoin. So I wanted to meet other
1:02:05
Bitcoiners. And we were just coming out of a
1:02:07
lot of the pandemic restrictions.
1:02:09
It was early 2021 and you know, I think a lot of people,
1:02:14
especially Bitcoiners, understand the extent to which
1:02:16
social networks and a lot of these platforms that we make use
1:02:19
of, these centralized platforms, they manipulate our emotions,
1:02:22
they manipulate our time. And so meeting in person is
1:02:27
really the only way in this day and age to experience another
1:02:31
person without being filtered through algorithms, without
1:02:34
being manipulated. And so to me, Bitcoiners,
1:02:36
because we're working on something so fundamentally
1:02:39
revolutionary to our planet and to our species, I think it's
1:02:43
really important that we meet in person and maybe even reserve
1:02:47
certain conversations for meeting face to face.
1:02:51
Absolutely, man, absolutely. I, I, I, you know, I've gone to
1:02:57
essentially all of these events, maybe except for the Broward
1:03:00
Bitcoin one. Definitely got to check that one
1:03:02
out. Love it.
1:03:03
The venues are great. The Bitcoin brunch is
1:03:06
phenomenal, the really, really good times.
1:03:09
And yeah, guys, if you're in the South Florida region or area,
1:03:14
I'd definitely recommend making the pilgrimage.
1:03:17
And yes, there are other bitcoiners that you know, exist
1:03:21
down here. We do exist.
1:03:22
So definitely recommend all these events.
1:03:26
I've gone to them. They're a great time.
1:03:27
I wish I, I, I can go to more, but on the weekends I'm so burnt
1:03:32
that I literally just like, but but yeah, man, it, it's a great
1:03:37
time. And you know, so Prem, why don't
1:03:41
you talk a little bit about the Bitcoin brunch?
1:03:44
Because that you, you, that's your baby.
1:03:46
You've been running it for a long time.
1:03:48
The venue that you guys use is, is, is quite interesting.
1:03:52
It's like this Jamaican place, right?
1:03:54
Jamaican Food. Well, it's Caribbean, not the
1:03:58
Jamaican, but Caribbean, and it's called Naomi's Garden.
1:04:02
My friends own the restaurant, so I knew that I would have a
1:04:05
certain amount of leeway withholding the event there.
1:04:08
I'm there for five hours every Sunday.
1:04:10
It's a little bit like a tropical something or other.
1:04:14
You, you know, when you go into Naomi's garden, suddenly there's
1:04:17
plants everywhere, trees and a little bit of water.
1:04:22
We've got some nice tables that we sit at.
1:04:24
I got a banner that says Bitcoin brunch and it's a nice vibe.
1:04:29
It's, it's really, you know, I started it because I wanted to
1:04:31
meet other Bitcoiners. I'm, I'm very passionate about
1:04:35
meeting people in, in face to face, having deep conversations,
1:04:38
really being able to, to perceive someone's emotions and
1:04:41
their feelings. And it's a good space for doing
1:04:44
it. The meet up is super casual.
1:04:46
So I, I don't have any kind of agenda or programming, except I
1:04:51
do sometimes read an essay. So I've got like a bunch of
1:04:53
essays that I guess I'll mention, I call them the musings
1:04:56
and I've done 93 out of 100 that I'm trying to do.
1:05:00
And so they're usually based on conversations that we have at
1:05:03
the Bitcoin brunch. So arguments or discussions that
1:05:06
that are coming up or that are kind of hot, I'll, I'll let it
1:05:08
ruminate my mind a little bit and then I'll pump out like a
1:05:11
page just to just to have something at the meet up to give
1:05:15
some people something to think about, like food for thought, so
1:05:18
to speak. And, and so that's the idea
1:05:20
behind brunch is to meet other Bitcoiners, to learn from them,
1:05:23
to teach them when I can, when I have something to teach them and
1:05:27
and to have good times bad. Ass bad ass.
1:05:30
Yeah, those, those in real life connections are so important.
1:05:34
I, I can't emphasize that enough.
1:05:36
And yeah, the venue is dope. Naomi's Garden in, in Miami.
1:05:40
It's it's absolutely incredible. Highly recommend it.
1:05:43
Yeah, man, it's guys, go check out BTC vortex.com for the whole
1:05:51
schedule of all the events that are going to be happening in the
1:05:54
South Florida region. So again, if you're in Florida,
1:05:58
you want to connect with other Bitcoiners.
1:06:00
Again, guys, I can't emphasize this enough.
1:06:03
Some of the best connections that I've made in this industry,
1:06:06
whether you know, it's business connections or just friendships,
1:06:10
have been in meet space. Like you meet people online, but
1:06:14
there's something about meeting people in person that you know
1:06:19
that you can't do online. Online is like very, it's
1:06:23
digital. It's awesome you're able to
1:06:25
leverage the Internet to reach a huge audience and and platform.
1:06:30
But in person events are, are still very special guys.
1:06:34
OK, so don't, don't lock yourself up and, you know, just
1:06:37
be matrix people. You got to get out of the matrix
1:06:41
sometimes and, you know, got I got to eat and and get some sun
1:06:47
and, you know, talk to people. And yeah, so like I said
1:06:52
earlier, you know, me and Opti met in meat space and you know,
1:06:58
like a year later, we were, we were doing Simply Bitcoin.
1:07:01
And when Opti joined the crew, Simply Bitcoin took off like a
1:07:05
rocket ship. So yeah, yeah, exactly.
1:07:10
Everyone, everyone's coming for Opti.
1:07:12
Anyways, wait, wait, Nico, before I, I, it feels like
1:07:15
you're trying to close up and I, I really want to ask both of you
1:07:17
guys a question because I, you know, I was joking about this
1:07:20
before the show. Do you guys think it's actually
1:07:24
possible to change Miami into a Bitcoiner city?
1:07:27
So let's go with prone first and then we'll get Niko's take.
1:07:30
There's no answer the the the only answer is.
1:07:33
No, or Niko's first, I guess. Niko.
1:07:34
'S first no dude this is like the the proof of state capital
1:07:39
of the world bro. It's it's literally physically
1:07:43
impossible. That's my opinion.
1:07:46
I think it's inevitable. It's just going to take time.
1:07:48
It's just take a lot of time and but Bitcoin's going to swallow
1:07:52
the world, so Miami's a part of that.
1:07:55
Dude, I mean, all those Lamborghini shops and you know,
1:07:58
all the Gucci shop, all that's just gone.
1:08:00
I guess. You know, you're you're barking
1:08:03
up a very dangerous tree man. I think, I think bitcoiners are
1:08:07
going to still want Lambos and, and you know, Louis Vuitton
1:08:11
stuff. It's just maybe you're going to
1:08:14
be a little bit more discerning about how often they buy.
1:08:16
It, yeah. I mean, oh man, oh man.
1:08:20
Oh man, oh man. Well, Prim is definitely more
1:08:22
optimistic than I am. I don't think we'll see that for
1:08:25
another thousand years or so. But yeah, eventually 300 to 500
1:08:30
years. OK, exactly.
1:08:31
So yeah, I I would agree with that.
1:08:33
Anyways, guys, if you guys enjoyed today's show, make sure
1:08:37
to smash that like button consider subscribing to simply
1:08:40
Bitcoin. If you enjoyed today's show and
1:08:43
you feel like we provided you content, I'm your host, Nico.
1:08:47
This is my legendary Co host Optimus Fields and our very
1:08:51
special guest today Prem, the founder and host of the BTC
1:08:56
vortex. So go check them out.
1:08:58
They have a whole lot of events that are happening next week in
1:09:02
South Florida. All right, love you guys.
1:09:04
We'll see you tomorrow for another episode of Simply
1:09:06
Bitcoin. Live it.
1:09:09
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