Latest / Simply Bitcoin / World’s Largest Known Pension Fund Seeks Bitcoin | EP 952

Transcript

World’s Largest Known Pension Fund Seeks Bitcoin | EP 952 · Simply Bitcoin

0:03
It's all going to zero against Bitcoin.
0:07
It's. Going on forever you're.
0:16
Against Bitcoin, you're against freedom, yo.
0:23
Welcome to another episode of Simply Bitcoin Live.
0:25
You're your number one source for the peaceful Bitcoin
0:27
Revolution Cup where you can use culture, aromatic warfare.
0:28
We will be your guide through the separation of money and
0:30
state. Ladies and gentlemen, welcome to
0:32
Simply Bitcoin, the most watched daily Bitcoin live show on
0:35
YouTube, Rumble Annex. We're streaming live from the
0:38
Bitcoin Grove in Miami, FL, Miami's premier Bitcoin
0:42
hackerspace. And I'm here with the founder of
0:44
Bitcoin Grove, My boy Roz. How you doing, Roz?
0:47
So the Bitcoin Grove baby, we doing it live.
0:50
So we have a history of simply live with the Bitcoin Grove, but
0:55
now we're here at the Citadel's our new digs.
0:57
Yeah, so they just got a new space last time.
1:00
Simply Bitcoin did a did a show from the Bitcoin Grove, Ben and
1:04
I BTC Sessions. We touched the tips live.
1:07
It was during the Bitcoin conference.
1:09
So love these guys. And we need to plant a flag in
1:12
Miami row because Miami's infected with a lot of this
1:15
altcoin shenanigans. I see those tips are still still
1:18
lasted though. It's nice to see that some
1:20
things can can hang on and and grow and become bigger and
1:25
that's what we're trying to make happen.
1:26
So yeah, we got a Bitcoin Grove crew that got together last year
1:31
around conference time and has been busy just continuing to
1:35
build and taking off a real high signal Bitcoin only community
1:41
within the city of Miami. Still pretty you know busy part
1:45
of the the big pictures. A lot of people that find
1:47
Bitcoin end up in Miami for you know, the reasons that you know
1:53
push you to Bitcoin whether it's a government that was playing
1:56
bad with the money or in a cross-border issues.
1:58
You know, they find it. And so all the stuff we're doing
2:02
we like to to meet all the people that kind of reaches and
2:06
and see hear their story. But now we've kind of got
2:09
assembled a team of Avengers that are kind of residents here
2:13
at Bitcoin Grove. So it's pretty exciting to
2:16
evolve into new form. Absolutely, man.
2:20
And Miami Miami is like this city of you know refugees that
2:25
are escaping collectivism from kind of all over the world and
2:29
you know says I would feel like it's like the perfect place for
2:32
Bitcoin. You know bitcoiners love freedom
2:34
and I think a lot of people that moved to Miami love freedom as
2:37
well or or at least know the importance of of living free
2:40
right. So anyways it's gonna be a great
2:42
show ladies and gentlemen big actual big news really.
2:46
So one of Japan's to be specific, one of Japan's
2:51
government funds which is has $1.5 trillion, that's trillion
2:57
with AT is looking to seek investments in potentially
3:02
Bitcoin. And this is like a continuation
3:04
of the trend of something that we reported around February
3:07
where Fidelity's all in So once again, this is the
3:21
legitimization of Bitcoin in the eyes of the, you know, legacy
3:25
institutions, legacy financial industry.
3:28
And this is a trend that's going to continue, especially as
3:30
number go up. Technology does its thing.
3:31
That's why the legacy, that's why, you know, legacy finance is
3:35
here because they couldn't resist bitcoins incentives, they
3:37
couldn't resist bitcoins number go up.
3:40
And it looks like that trend is also continuing.
3:43
Now a lot of people make fun of me because I make I bring up the
3:46
Overton window so many times. But it's really, really
3:48
important, right. And for anyone who doesn't know,
3:51
if you're newly tuned into the show, the Overton window is
3:54
essentially the acceptable window of discourse, and that
3:57
window of discourse continues to shift towards bitcoins favor.
4:01
We had Ron Paul go on Tucker Carlson yesterday and talk about
4:05
essentially how these crazy ideas of ending the Fed, right,
4:09
which is not crazy to us. Bitcoiners are starting to
4:12
become kind of mainstream. And it reminds me of a talk that
4:15
he did at Bitcoin 2021, the the year of the conference, the
4:18
first time that Bitcoin Magazine threw the conference in Miami
4:22
and they invited Ron Paul to speak.
4:24
And he was just surprised that so many young people, so many,
4:27
you know, the next generation, are so hyper focused on freedom.
4:31
They're so hyper focused on freedom enabling technologies
4:35
and protocols. And he was like, I don't, I
4:37
don't really understand Bitcoin, but I understand the general
4:40
theme which is freedom, right. So we we have that clip for you
4:43
guys as well. And then during the culture,
4:46
we're going to talk to our boy Roz here about Bitcoin Grove,
4:49
what he has planned and talk a little bit about the Miami
4:52
Bitcoin community. If there's any you know Miamians
4:54
in in listening to simply Bitcoin there's Bitcoiners here
4:57
we exist go check out Bitcoin Grove if you guys want to meet
5:00
up meet some of them. And I know that you guys throw
5:03
monthly events. Is that correct So.
5:05
Bitcoin Grove kind of started with a a core group of
5:08
contributors to the Miami bit devs discussions which were
5:10
happening once a month and more and more people would show up,
5:15
become regulars. And we kind of realized that,
5:18
you know we could use a physical space to host these and you know
5:22
see where some of the ideas for other Socratic style or
5:25
different types of events bring in a high signal for for Bitcoin
5:31
community here in Miami. We could see it happen other
5:34
places and we wanted to kind of replicate what works, but of
5:37
course make it fit for for people that are are here.
5:40
So that's that's what we do. The main thing we do once a
5:43
month is the Miami bit devs. There's also a stream that
5:45
happens every other week called Understanding Bitcoin Source,
5:48
which literally goes almost line by line depending on the topic
5:52
to see how Bitcoin actually works with a core contributor
5:55
that hosts that. There's a Miami Design club, the
5:59
Bitcoin Design Club here in Miami that meets with the
6:02
community design community. So those those meetings happen
6:06
usually on Monday or Wednesday mornings.
6:09
There's a pretty regular flow of different things.
6:11
So we're trying to trying to just, yeah, wave that flag.
6:14
As Nico mentioned it's it's worth doing it putting on for
6:16
the city and you never know who stops in Miami for a short term
6:21
and shows up and and share some interesting signals.
6:23
So I think that's some of the the perks of being a part of the
6:26
community is some of the cool networking and and high builder
6:30
signal here at Bitcoin Grove. So if you're building anything,
6:33
definitely stop by. Beautiful, beautiful, beautiful.
6:37
Anyways, anyways guys, it's going to be a great show and of
6:41
course I have my legendary Co host who much better at dealing
6:44
with the audio board than I am. We have optimist fields.
6:48
He's optimistic and it's I heard some rumors yesterday that he is
6:54
again once again talking to Christine Lagarde.
6:57
Is that true Opti? Well, I plead the 5th, but you
7:02
know me, I am trying to get as close to the money printer as
7:05
possible so I can get those. Canty on insider effects hasn't
7:08
been going very well. So I'm, uh, you know, I'm
7:11
gauging my options out there. We'll see what happens, Nika.
7:13
We'll see what happens. You know, actually on another
7:16
note, I saw her talking to Augustus Carson's yesterday.
7:18
So I'm not so happy about that. You know, I I think I'm getting
7:22
ghosted. No.
7:25
What's up guys? How you doing?
7:26
It's Thursday man. We we got another day and hey,
7:30
you know, shouts out to Japan. Japan I think is ahead of the
7:34
curve in regards to where America is going and it is
7:39
promising that they are looking for Bitcoin.
7:42
Of course, we don't want to see the American economy end up like
7:45
Japan's, but hey, at least they are looking for alternatives to
7:49
fix. They're very stagnant economy
7:53
and men, We're seeing it play out in real time.
7:55
We've been wondering when people are gonna follow Sailor's lead.
7:58
It looks like we are starting to see that signal trickle out and
8:02
people are waking up to the fact that they need some Bitcoin
8:06
guys. They need some Bitcoin Anyway,
8:09
What's up guys? I see you guys in the chat.
8:11
How you doing? It's gonna be a great show,
8:12
ladies and gentlemen. All right, ladies and gentlemen,
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Total light network capacity 4403 Bitcoin capacity value
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293,000,000 U.S. dollars Realized monetary inflation
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dollars Bitcoin versus gold market cap 9.47% In the grand
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Ladies and gentlemen, if you're enjoying the show and you're
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We're almost at 600 live viewers, so we appreciate you
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all. Anyways, ladies and gentlemen, I
12:46
do want to talk about this. I mean, this is just crazy.
12:50
Again, you know, the ideas of Mises, the ideas of Hayek are
12:54
going kind of Main Street mainstream is a good thing.
12:57
We had the first Libertarian candidate in world history.
13:00
All we needed was like over 100% inflation.
13:02
But we had the first Libertarian candidate to get elected to, you
13:06
know, to as president in Argentina, of course.
13:10
And already he's just making things better.
13:12
Who knew? I mean, Bitcoiners could have
13:14
told you that, right? It makes a big deal, you know.
13:16
It makes a big deal when people actually believe in, you know,
13:20
kind of sound economic theory, to say the least.
13:23
Anyway, so here's Tucker. Tucker's one of the most
13:26
popular, you know, broadcasters in the world, and he was
13:28
interviewing Ron Paul, and he was basically like the title of
13:32
the theme of the episodes. Like Ron.
13:33
Like, how did you knew? How did you know?
13:36
A lot of the things that you predicted so many, so many years
13:38
ago. And you know, Ron was like,
13:41
look, I, I, I, I looked at the right people.
13:44
You know, I looked at these libertarian economists, right?
13:46
And they just, they just knew what was going to happen.
13:48
Anyways, I'll play you the clip. Very interesting conversation.
13:51
I I recommend watching the entire interview.
13:53
It's about 15 minutes long. It's on YouTube, it's on
13:56
Twitter. But here's a clip of it and then
13:58
we'll talk about it. Let's check it.
13:59
Out. I had that experience.
14:00
I was just saying off air at one of your speeches probably 20
14:03
years ago. I'd never seen you speak before
14:05
and you went off about the Federal Reserve.
14:06
And I remember thinking, what a weird, what an esoteric subject
14:09
and knew nothing about it. I thought only crazy people
14:12
cared. But again, I was completely
14:14
ignorant about monetary policy at the time, and I was shocked
14:17
by how much the crowd loved it. They were completely tuned in.
14:21
They thought it was really important.
14:23
Why would the average person 20 years ago have a better sense of
14:27
that than, say, me, who was paid to follow the subject but
14:31
wasn't? How did people know I got it
14:34
from literature? You could read about it we.
14:37
Didn't have an. Internet.
14:38
We didn't have the radio or TV giving us good information, but
14:42
it was out there for for for one group that helped me a whole lot
14:46
was Leonard Reed, the Foundation for Economic Education.
14:51
I knew him and he he was a true believer.
14:54
He was a dignified person and very likable and he talked about
14:58
process how you reach people and but he was he was very very
15:04
libertarian his own way but he was he was sort of a an
15:08
intellectual and he influenced me a lot So I read everything he
15:12
did and he he did a lot of literature but the follow up of
15:17
that was of course the Visas Institute and and I was part of
15:21
that and and and I think see I I think they're important people.
15:27
I know people on TV are really important oh so so important, so
15:32
important but there there are a lot of people that are
15:36
important. I I think the ideas are the most
15:39
important. Let's talk a little bit about
15:43
that, right. The, you know, the ideas of of,
15:47
you know, of of Austrian economist.
15:49
Really the ideas of of, you know, sound money.
15:51
The ideas of, you know, people actually not believing absolute
15:56
insanities. And again, this was many, many
16:00
years ago. Tucker was basically saying,
16:02
like, how did you know all this stuff was gonna happen?
16:04
He's like, look, I just, I just, you know, I I looked at the
16:07
right ideas, right? And the thing that kind of
16:10
struck me a little bit was you had Tucker, who was plugged into
16:15
kind of the legacy media kind of institute.
16:17
Because back then, you know, this is many, many years ago,
16:19
Tucker was still with legacy media.
16:22
And he was like, look, I I didn't understand the whole this
16:26
whole and and the Fed thing. It was, it was such a radical
16:29
idea to me. But in terms of the average
16:32
everyday person, they're like, yeah.
16:34
And the Fed like, they, even if they didn't understand, they
16:36
innately knew that this institution was evil, right.
16:39
Or this institution was causing lots of harm.
16:42
And it's just, it's just, you know, and I'm so glad how much
16:46
progress we've made to talk about this to the point that,
16:50
you know, you literally had Javier Malay give a speech at
16:55
the Continuing Air Conference, AKA the World Economic Forum,
16:58
and literally talk about how money, money printing is a way
17:02
to control the masses, a way to control the population.
17:06
Right. So we've gone that far.
17:08
We've made that much progress in a couple decades from when Ron
17:12
Paul started it all. He was the one, like starting to
17:15
introduce these ideas into the mainstream consciousness and now
17:18
they're out there. People are starting to ask the
17:21
very fundamental question, what is money?
17:23
What is the Federal Reserve? Why there?
17:25
Why should there be a central bank?
17:26
And that's how we win. That's how we win.
17:28
Because the other side relies on basically having this monopoly
17:33
on information, the control on the narrative.
17:36
Naeem Bukele referenced this in his very famous article for
17:39
Bitcoin Magazine called. And literally, I'll paraphrase
17:42
here, but he said, quote, their most important weapon is their
17:45
control on the truth. I think if people really woke up
17:48
and they really started to ask questions about what the Federal
17:51
Reserve was, what the Federal Reserve is, why should the
17:54
government have the ability to create money for free that
17:56
everyone else has to work for? I think we'd win tomorrow.
17:59
And one of the best vehicles for people to really start asking
18:02
questions is to take the Orange Bill.
18:04
Like holding Bitcoin will make you start asking questions about
18:09
the dollar. It will make you start asking
18:11
questions about central banks, right?
18:13
It's just, you know, the famous saying you don't change Bitcoin,
18:15
Bitcoin changes you. I mean, Roz, you're a bitcoiner
18:18
like me, man. I'm sure you're a fan of Ron
18:21
Paul. But does this surprise you,
18:22
dude, that we've made this much progress?
18:24
I know we still have a lot of work to do.
18:26
We still got to, you know, stay attentive.
18:28
We still got to stay hyper focused on this, on this
18:31
revolution. But I mean, we've definitely
18:33
made a tremendous amount of progress, Yeah.
18:35
Dude, I mean, I think as long as he he's nailing the head on with
18:39
the truth, it tends to reveal itself.
18:41
It's pretty expensive over time to keep the truth from coming
18:44
out. So Ron Paul's been talking about
18:47
it. I think back to one of my my
18:49
personal Bitcoin journey highlights.
18:51
Was getting to see him there in 21 at the in Wynwood when they
18:57
put on the whole, not the largest.
18:59
I guess the next year was peak the largest gathering of
19:02
bitcoiners in Miami that in 2022 was was a little bigger, but it
19:07
it's evolved into that campaign rally.
19:09
I don't know what they're going to do in Nashville this year but
19:11
I'm sure they'll be back to Miami soon enough.
19:14
But as far as you know, like these talking points hitting a
19:17
new mainline like people actually asking questions about
19:20
the Fed. I yeah, I think more and more
19:23
when you look back and see who was calling it from before and
19:26
you see where where they getting, you know building their
19:29
mental model and seeing the world.
19:31
You know people that were talking about the Fed
19:32
continuously are right. And you know that that has a lot
19:36
of builds a lot of credibility. When you're right that often
19:39
when you're when you're talking about you know, money getting
19:42
destroyed and the externalities that people are dealing with.
19:46
They start to ask the same questions and they're going to
19:48
want to want to see who's who's been on this for a while.
19:51
So of course, Ron Paul is like on that Mount Rushmore of
19:54
calling out the Fed. You know, who do we put him up
19:56
there with? He's definitely one of the one
19:58
of the big ones that brought me into the political side of
20:01
Bitcoin, you know, as well as asking the right questions.
20:04
I would say like maybe like Andrew Jackson way.
20:08
Back killing the, killing the National Bank.
20:10
You know, we got to, we got to push back on that.
20:12
So if one day what bitcoiners will build the new Mount
20:15
Rushmore of, you know, ending the central bank and we'll have
20:18
Ron Paul right next to Andrew Jackson.
20:20
Anyways, Opti Opti, what's your take on this, brother?
20:26
And I I am surely do miss you on the soundboard because.
20:29
Yeah dude, you're trash over there, dude.
20:31
As you guys can tell, he doesn't know how to use.
20:34
This I'm so used to producing for myself bro, but optis optis
20:38
legends. OK, All right, all right, Let's
20:41
get into this. So I mean, look, personally,
20:44
guys like I didn't even know about Austrian economics versus
20:47
Keynesian economics before I found Bitcoin.
20:49
I barely even knew about Ron Paul before Bitcoin.
20:53
And it's just it's really incredible how understanding
20:57
Bitcoin fixes financial illiteracy and it opens up a
21:02
whole new world of understanding.
21:03
Of course, we say Bitcoin is truth all the time.
21:06
It is basically, you know what like natural law in cyberspace.
21:11
And once you understand what's actually going on with the
21:14
money, you can really start to understand in parts what's going
21:17
on in the world. And once you basically view the
21:20
world through your first principle as Bitcoin
21:22
fundamentals, you start to understand the the chicanery
21:26
that is going on in traditional financial world.
21:28
And and you start to get a new vantage point and untie all of
21:31
these knots that everyone of your family members and your
21:35
friends are fully enthralled. And it's like everyone has a
21:38
Fiat knot in their brain right now and they can't see the world
21:42
clearly. But once you put on those orange
21:44
lenses, once you put on those clear lenses that Bitcoin
21:47
provides for you, you can start to see the world clearly.
21:49
You can start to see people's incentives.
21:51
You can start to understand what is actually going on in the
21:54
world and where the root of the problem is.
21:55
And of course we say it all the time.
21:57
It is Fiat money anyways. This is Ron Paul and Tucker
22:00
Carlson clip reminds me of the short we just dropped Nico where
22:04
you had the IRL with Larry Leopard.
22:06
The I I think he's been on the show like three times, but it it
22:10
reminded me of it because Larry Leopard basically was passing
22:13
the torch to bit corners in the hard money gang and he and hard
22:16
money game and he's like, man, I've been a gold bug for what
22:20
like 30 years or something like that.
22:21
Basically longer than I've been alive.
22:23
Shout out the layer of the part. I know every time I say that
22:25
he's like, man, you're making me feel old.
22:27
That's not my point when I say that.
22:29
It's just that gold bugs were right in my opinion.
22:32
They understand hard money, you know, Ron Pauls and the Fed mean
22:36
was right. It's just they didn't have an
22:39
actual solution. And now we have the tools like
22:41
bitcoiners are actualizing what the gold bugs dreamt of doing.
22:46
And if we do this correctly, rather when we do this
22:49
correctly, Bitcoin will actualize the dreams of the hard
22:53
money standard guys let that that are the gold bugs out there
22:57
because there is a problem in the world.
23:00
And as Ron Paul said himself, you know when it's in, when it's
23:04
ideas time, it cannot be stopped.
23:07
And that's where Bitcoin is. And and we all know we we talk
23:10
about this every single day and we always double back on the
23:12
same idea. Like there is a problem in the
23:15
world right now and then the financial system is basically on
23:18
its last fumes and who knows how long they can possibly kick the
23:22
can down the road. But there will be another
23:25
financial crisis at some point on the horizon.
23:28
And now there's a thing you can do to protect yourself,
23:32
diversify your systemic risk. And it literally will take you
23:36
90 seconds to get out of the Fiat system.
23:39
You know go to bitcoinwell.com, start saving in Bitcoin, stack
23:43
SAT's, take Bitcoin into self custody.
23:45
A true hard cap. Digital money for the digital
23:47
world. This is how we fix these
23:50
problems going on right now. Like it's a new world.
23:53
Shouts out to Kalos Matos. For you guys that know it's all,
23:55
It's a brand new world, It's all, it's a totally new world
23:58
that we're living in now. And it's as simple as just
24:01
saving in Bitcoin. And you don't have to do all of
24:04
this financial trickery. Just provide value, save in
24:08
Bitcoin, store that value, and spend that value on things you
24:13
want in the future. Pay yourself first.
24:15
All that good stuff. Anyways, Nico.
24:17
Amen guys, bro, I do want to give a shout out to our merch.
24:21
It's a limited edition drop. We teamed up with the Bitcoin
24:25
artist Asanoa Opti. Did I say that right?
24:28
Asanoa. Yeah, close.
24:29
It's not Asanoa. It's Asanoa.
24:31
Asanoa Anyways, and This is why Opti pronounces all the very
24:36
difficult words and stuff. Anyways, this is a limited
24:38
edition drop. We got different.
24:40
We got the peaceful Bitcoin revolution shirt with the Guy
24:43
Fawkes mask. We got the orange pill or sorry,
24:46
the the gold Bitcoin pill, the simply Bitcoin logo, the gold
24:50
Bitcoin snapback, the gold Bitcoin dead hat.
24:53
And of course we got the ladies merch as well.
24:55
So guys go check this out while supplies last really helps.
24:58
Simply Bitcoin stay independent. Of course, you know, stack those
25:01
stats first. But if you do wanna support the
25:03
show, we really, really do appreciate it.
25:05
You can scan the QR code or check the link in the video
25:08
description. All right, ladies and gentlemen,
25:09
let's get to the news. We have a lot to talk about the
25:14
Daily News. I wanna give a shout out to our
25:18
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Check out the passport link in the show notes below to learn
26:12
more. Ladies and gentlemen, I made it
26:13
incredibly easy for you guys. You could scan the QR code on
26:17
your screen. Remember guys, not your keys,
26:19
not your cheese. You want to store your
26:20
generational wealth properly and the way that you do is by
26:23
putting it in cold storage. And of course, we recommend our
26:26
the hardware wallet by our sponsor, Passport by Foundation
26:30
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incredibly easy. I can't emphasize that enough,
26:39
so check out Passport by Foundation Devices, ladies and
26:42
gentlemen. You can do that by scanning the
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QR code or checking the link in the video description.
26:47
Anyways, I do want to give a quick ETF update, so
26:50
MicroStrategy currently holds about 214,000 Bitcoin.
26:56
And of course, the BlackRock just continues to stack.
27:00
Yesterday on yesterday's episode, they had 200,230, 3000
27:06
Bitcoin. They're up today at 200 and
27:09
239,000. That's 6000 Bitcoin that they
27:13
have stacked over literally the last 24 hours.
27:17
Absolutely crazy. Looks like the Fidelity ETF has
27:20
kind of, I don't want to say flatlined, but it's kind of
27:22
going sideways a little bit. But they still hold 135,000, 697
27:28
Bitcoin as you can see by the lines also they just continued
27:32
to go up and to the right, right.
27:33
So absolutely bullish, you know these these massive kind of
27:37
institutions, you know the asset managers better said continue to
27:41
stack the corn and of course micro strategy on the public
27:45
company level continuing to lead the pack absolutely slaying it.
27:49
Anyways, this is what I want to talk about today ladies and
27:51
gentlemen, which is Japan's $1.5 trillion government fund seeks
27:57
info on illiquid assets including Bitcoin for portfolio
28:01
diversification. I mean when they say illiquid
28:04
assets like bitcoin's like the most liquid asset ever, right?
28:08
I would even say that it's more liquid than cash, especially if
28:13
only if you're taking self custody though, right?
28:15
Because look, with cash, you still have to ask the bank and
28:18
the back bank still has to like basically ask for approval in
28:22
order for the bank has to approve whether they could send
28:26
that cash or not for you. But Bitcoin, if you have it in
28:30
self custody, you don't have to ask anybody for permission,
28:32
right. So I would say bitcoin's the
28:34
most liquid asset ever and especially like I mean look at
28:37
the market cap now, right? You can sell this thing pretty
28:40
quickly as well. So I mean, you know, it's
28:44
interesting how they say that maybe if it's a fund of 1.5
28:47
trillion, that's more than bitcoins total market cap.
28:50
Just to kind of give you guys an idea of how big this fund is,
28:53
maybe they could say Bitcoin is a liquid asset because you know
28:56
they have so much money and you know the Bitcoin market cap is
28:58
still tiny. But I don't, I don't know
29:01
interesting how that's phrased though.
29:02
Anyways, it goes on to say Japan's Government Pension
29:05
investment fund is seeking information regarding the option
29:08
to potentially invest Bitcoin in its investment portfolio.
29:12
The fund announced on Tuesday that it officially requests the
29:15
public to submit information on low liquidity assets such as
29:18
Bitcoin, gold and farmland. This is part of its five year
29:21
research to innovate investment strategies in response to
29:24
economic and social changes and the rapid development of
29:27
technology, the fund stated. Now it's really interesting,
29:30
right? They're putting Bitcoin next to
29:32
gold, right? And this is, you know, Sailor
29:34
says, the best. But Bitcoin is just better than
29:37
gold. It's a it's a superior asset.
29:39
And if Bitcoin reaches the market cap of gold, that would
29:42
put the price of one Bitcoin between 600 to $700,000 per
29:47
coin, right? And I think it's just a better
29:49
asset than gold. Gold isn't absolutely scarce.
29:52
Bitcoin is. You don't know how much gold is
29:54
floating in outer space or in the ground.
29:56
I know there will only ever be 21 million Bitcoin anyways.
29:59
It's just a matter of time before the rest of the world
30:01
wakes up to that reality. However, it is difficult to view
30:03
the latest announcement as indicative of the pension funds
30:06
inclination towards Bitcoin as it is in the stages of
30:09
collecting data prior to a proper discussion.
30:12
I'm telling you right now, the fact that they even put those
30:17
Bitcoin next to those things tells me that this is
30:20
inevitable. Tell me this is inevitable
30:22
stuff. Why do I say it's inevitable?
30:24
Because as number go up, does what number go up does best?
30:28
It's going to become very apparent that Bitcoin is a
30:31
superior asset to hold than gold and farmland.
30:35
I would, you know when they say low liquidity, I I guess you
30:37
could say low liquidity just because of the market cap of
30:41
Bitcoin, but I mean not for long.
30:44
Anyways, it goes on to say as of Q 3/20/23, Japan's portfolio
30:50
investment fund managed about ¥224 trillion, about about 1.5
30:55
trillion U.S. dollars. It is the world's largest known
30:58
pension fund. Did you hear that?
31:00
That is so absolutely bullish. The world's largest pension fund
31:06
is looking into investing in Bitcoin.
31:08
This comes as the price fell 5.43% in the past 24 hours,
31:13
retracing a portion of its record Record-breaking gains
31:17
made last week, however, remains up more than 50% year to date.
31:22
Absolutely bullish and again if you connect this with what is
31:26
happening with Fidelity and I mentioned this in the very
31:29
beginning of the show, Fidelity's 1 to 3% Bitcoin
31:33
Allocation in their all in You have the world's largest
31:50
pension fund and of course you have Fidelity.
31:53
They're all in one quote, UN quote conservative portfolio
31:56
already announcing this has already happened, that they're
31:59
allocating 1% with an option to allocate up to 3% of that all in
32:04
one conservative ETF into Bitcoin, right.
32:07
So this is a trend. You can't stop the train.
32:10
You either get on it or you risk getting left behind.
32:12
But this is incredibly bullish and I would say guys, if you
32:15
want to take something from today's episode, this is the
32:18
signal right here. The world's largest passion fund
32:23
is looking into investing into Bitcoin and they basically
32:27
equate Bitcoin to gold and a form of real estate.
32:31
So that is incredibly bullish news, at least from the price
32:34
perspective. From the revolution perspective,
32:36
again, the revolution is self custody.
32:39
But this is incredibly bullish nonetheless, man.
32:41
I mean, I can't, I don't want to say I can't believe it, but it's
32:45
totally believable. It's going up forever, Laura.
32:47
It's the best asset ever. But you know, it's it's just
32:50
incredibly bullish. If you would have told me this a
32:53
couple years ago, I would I I would have said that this was
32:55
going to happen. But still it's still surprising
32:58
nonetheless when these things happen, right.
33:00
And the reason that it's surprising is because, like you
33:05
know, when El sat, when Naimbu Kele made the announcement that
33:09
Bitcoin was going to become legal tender in El Salvador, you
33:12
know, you knew that was going to happen as a bitcoiner, but it it
33:15
still shocked you. You're still like what?
33:17
This is crazy. When Michael Saylor made that
33:19
announcement, you know, public company putting Bitcoin on their
33:23
balance sheet. You know, you knew that it was
33:24
gonna happen, but it's still surprising.
33:26
So now the world's largest pension fund is looking into
33:29
investing Bitcoin, and it equates it to gold and farmland
33:32
like you knew it was gonna happen.
33:33
But it's still surprising nonetheless.
33:36
Anyways, Roz, I mean, does this surprise you, brother?
33:38
You've been in Bitcoin for a little bit.
33:40
What's your take? No, of course, not all passively
33:43
to Bitcoin. I mean, it's a it's it's part of
33:46
the, you know, this is good for Bitcoin.
33:48
It's just everything's good for Bitcoin because it's the
33:51
emergent money that is is kind of defining where we're headed.
33:55
And people who see it sooner, they tend to, you know, benefit
34:00
to a larger degree than the people who are late.
34:02
And and if the world's largest pension fund is going to be at
34:06
this point, it's all coming. It's it doesn't surprise me at
34:10
all. I think what Roz said is that
34:13
this is inevitable. All right OPTI, I special
34:21
requests. Could you, did you soundboard
34:25
did you ever get a chance to soundboard where Michael Saylor
34:29
was basically said If if you don't.
34:31
No, I I haven't got it yet. I'll do that this weekend.
34:34
Yeah, I I completely blanked on it too much on my plate right
34:37
now. And also I kind of forgot how to
34:40
get my sounds on my soundboard. I need to.
34:42
I need to go back and do a tutorial.
34:44
Anyways. Anyways, reading this really
34:49
remind me. First of all, shouts out to our
34:51
boy Dom who's been on the show recently.
34:54
Absolute character, but also he's been beating that drum of
34:58
of this exact thing happening. Of course in the US and not in
35:00
Japan. But connecting this to what I
35:03
just said a minute ago, everyone that is aware of what's going on
35:08
in the world realizes we all have the same problem.
35:12
You cannot store value in Fiat currencies.
35:15
And I'm not particular. You know, I'm not.
35:17
I don't know all the particulars to what the pension funds are
35:21
holding, but I can venture to guess that they're holding
35:24
treasuries that they might have some cash on their balance sheet
35:28
and they're realizing that this isn't a sustainable path moving
35:31
forward. And so you know as Nico was
35:33
pointing out, the pension fund literally holds more money or
35:36
rather more value in assets than the total market cap of Bitcoin.
35:41
And the fact that the researching Bitcoin and
35:43
connecting Bitcoin as being a similar store value as gold and
35:48
farmland or real estate just goes to show that what we've
35:52
been saying has been right for so long and we knew this was
35:55
going to happen and I kind of mentioned it earlier but shouts
35:58
out to Nolan, count BTC who does the breakup, I absolutely love
36:01
his show in the morning really connecting and and and putting
36:04
the dots together highly, highly recommend you guys watch the
36:08
show. He mentioned that this is him
36:11
speculating a little bit, but he was saying that the reason that
36:13
Satoshi Nakamoto used that pseudonym as Satoshi Nakamoto
36:17
was because he was basically forecasting or or or
36:21
foreshadowing that what Satoshi was saying is that America has
36:26
basically was on the path of of becoming like Japanification.
36:31
I think it's the word he was saying.
36:33
And if you do a little bit of research or just a basic
36:36
overview of what's going on in Japan, you understand that they
36:40
are ahead of the game on basically the Fiat disaster
36:43
train that we find ourselves on. And so the fact that they are
36:47
looking towards Bitcoin, the fact that they're seeing Bitcoin
36:50
as a solution, I think is another, is just a foreshadow of
36:54
where America is going to go in the future.
36:57
It might even be a very short future from here.
37:00
You're going to see, I think, a very quick pivot from the ruling
37:05
class, from the politicians and the central bankers, and instead
37:09
of them fighting Bitcoin, they're going to embrace Bitcoin
37:11
and realize that, Oh my goodness, Bitcoin is the escape
37:15
hatch. Bitcoin is the safety net going
37:17
on and we might already be seeing this happen.
37:19
In regards to the interest in stablecoin shouts out to Mark
37:23
Goodwin again. I mentioned the Bitcoin dollar.
37:25
I just finished like yesterday. And I don't think that the
37:31
people that are in power, quote UN quote, let people like to
37:33
call them the elites or whatever.
37:35
I don't think that privately they misunderstand Bitcoin as
37:41
much as people publicly would like to say.
37:43
You know, Nico and I have been giving them the benefit of the
37:45
doubt for a while that they didn't understand what was going
37:48
on with Bitcoin. But the more you kind of see
37:52
what they're doing and not what they're saying, you start to
37:54
understand that they understand. What we understand is that the
37:58
financial system has a problem and there's basically 2 routes.
38:01
You know, Nico, we said there's Bitcoin or slavery.
38:04
And if there is a new financial crisis going on, obviously that
38:07
will be an excuse for them to kind of roll out a CBDC.
38:11
Even though Jay Powell has been out there saying, like, oh,
38:13
we're never going to have a CBDC.
38:15
We're just looking into how to modernize digital payments and
38:17
all that good stuff. But you understand that there's
38:20
literally only one thing that can be the the escape route, the
38:25
escape valve. It's like there is heat going on
38:28
in the system. There's a lot of pressure in the
38:30
financial world and the only way they can keep this going is
38:34
either by manipulating interest rates or printing more money.
38:39
And so it's an inevitability that they're going to be put in
38:42
a position where they have to manipulate the monetary policy
38:46
unless they start to slowly but surely trickle that value into
38:50
Bitcoin. So going back to Japan's pension
38:52
fund and embracing Bitcoin, or at least researching Bitcoin, I
38:56
think just goes to show that we're going to see very
38:59
interesting names come out. And I said this last week when
39:02
Dom was on, I think my Q2Q3Q4 of this year, we're going to see
39:07
very interesting. And by interesting, I mean huge
39:10
names start to either embrace Bitcoin or come out that that
39:14
they've already been stacking Bitcoin.
39:16
But that interest is starting to build because not only is
39:20
Michael Saylor putting on a map master class out there of what
39:23
people can be doing to stack Sats, but Wall Street is falling
39:27
in love with Bitcoin. Everyone wants the Bitcoin
39:30
gained because if you're holding dollars, you're holding melting
39:33
ice cubes. And everyone that understands
39:36
what's going on with the financial system understands
39:38
that holding Fiat currencies are melting ice cubes or even worse.
39:43
The quote UN quote risk free trade of holding Treasuries, AKA
39:47
government debt, is starting to become unfeasible on the market
39:51
because inflation's going so high, there's no possible
39:55
alternative for these people to maintain their value.
39:57
And it's literally either you know going back to buying gold
40:02
or or what we're seeing happen right now.
40:04
Everyone investing in real estate and becoming, you know
40:06
these, what do you call them like Airbnb flippers and storing
40:10
their value in or in real estate, They're going to look
40:14
for an alternative and we're seeing that that alternative is
40:16
Bitcoin. And man, of course this just
40:18
means number has to go up, Bitcoin price has to increase or
40:23
rather the purchasing power of 1.
40:24
Bitcoin has to go up and you guys have the front row for
40:28
this. But of course we say it all the
40:30
time. Self custody is a revolution and
40:32
you need to store your Bitcoin on keys that you control or else
40:37
we might find ourselves in a system where Bitcoin gets Co
40:40
opted by these people's incentives.
40:42
But bitcoins incentives are pure as long as you use it correctly.
40:45
And now we're seeing the literally the biggest pension
40:49
pension fund in the world starting to at the very least
40:51
look into Bitcoin. Man, it's going to, I think it
40:55
really like it. It goes to show that Bitcoin
40:57
market has matured and we're entering into a new era of
41:01
Bitcoin. And again, I say it all the
41:04
time, this is the importance of all of us communicating the
41:06
Bitcoin message, spreading the Bitcoin meme so that people
41:09
understand what exactly is going on, trying to educate our
41:12
friends. Again, hat tip to Nolan.
41:15
You know, continuing the propagation of the peer-to-peer
41:20
education network that is all of you Bitcoiners out there.
41:23
We are winning so hard that everyone is looking to Bitcoin
41:27
and we're just going to continue to win.
41:28
And the more people we educate, the harder we are going to win
41:32
and the harder it is for them to Co-op Bitcoin.
41:34
Hold on. They want horns.
41:38
Shout out to Kevin Opar for the Super Chat Dollar 99 hit the
41:42
horn for Japan to appreciate you Kevin.
41:46
By the way, we turned on the Super Chats on on on our show as
41:50
as a popular request to appreciate all the Super chats
41:53
that we've been getting in the last week or so guys.
41:56
Also, if you're enjoying the show so far, make sure to smash
41:59
that like button. It really, really helps.
42:01
So if you're watching us on YouTube rumble or X smash the
42:04
like button, it really, really helps.
42:06
Like I said anyways, yeah dude, I love Nolan's show.
42:09
The breakup, dropping so much sauce.
42:12
But you know it's a historic day ladies and gentlemen, it's
42:15
historic week. So many historic weeks in
42:17
Bitcoin, right? Every week's historic it's.
42:20
Literally. And things are just getting
42:21
started. But if you are to take away one
42:24
thing from today's show, the world's largest pension fund is
42:28
equating Bitcoin to gold and real estate.
42:31
And they are literally looking into potentially adding Bitcoin
42:37
to the world's largest pension fund.
42:39
Not to mention, what are the political implications of that?
42:42
Right? I guarantee you right, if
42:44
Bitcoin is added to that pension fund, Bitcoin will never be made
42:48
illegal in Japan, right? There will literally be a revolt
42:51
on the streets tomorrow. This is why Elizabeth Warren was
42:54
fighting so hard for Bitcoin not to be added to the ETFs, right?
43:01
This is literally why they were fighting so hard because they
43:03
know that all of a sudden if everyone starts owning the
43:06
Bitcoin ETF, if the US government tries to pass any law
43:09
that's going to hurt the price of Bitcoin, like you know, it's
43:13
going to be impossible. She's she's trying to act as
43:16
quickly as possible. And this is something that I I
43:18
said the moment I heard that Donald Trump out of all people
43:22
was literally saying that if you were to elect me into office, I
43:26
will make sure that a CBDC, you know it will never happen if I'm
43:30
president. I literally said when I heard
43:32
that, I literally said I'm like look, by 2028, which is the year
43:35
of the next presidential election and also the next
43:38
having, I might add, it will be politically unviable to pass any
43:44
type of anti Bitcoin register legislation.
43:48
Or sorry, it will. It will become politically
43:51
unviable for you to have a politically for.
43:54
It'd be politically unviable for you to have an anti Bitcoin
43:57
stance as a candidate. And I think it's going to happen
43:59
as fast as 2028. Anyways, I saw that comment,
44:06
Ross. Kid Rock is on the show.
44:08
Holy shit yeah, we got Kid Rock on the show.
44:11
He's a bitcoiner. Kid Rock a big.
44:13
Coiner. You're a bitcoiner?
44:15
No. But this is our boy Roz.
44:16
He is the founder of Bitcoin Grove here in Miami, and we were
44:20
recording live from the Bitcoin Grove space.
44:22
It's Miamis premier hacker space in in in Miami.
44:27
I said that already, but check that out.
44:29
Check out Bitcoin Grove go to at Bitcoin Grove on Twitter and
44:33
you'll see more information there.
44:35
Anyways, ladies and gentlemen, let's get to the culture.
44:37
We can talk more about Bitcoin Grove about Miami's Bitcoin
44:40
scene and what what any, what plans Roz has for for the whole
44:45
space. All right ladies and gentlemen,
44:46
let's get to the culture. Let's do it.
44:47
Here we go, the daily culture. All right, ladies and gentlemen,
45:00
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45:32
scanning the QR code or checking the link in the video or podcast
45:36
description. All right, ladies and gentlemen,
45:39
let's let's have this conversation.
45:40
Let's try to get Leron in here. Leron, pull up a chair.
45:44
A boy. Leron.
45:45
Leron is one of the most talented developers I've I've
45:48
met in my life. Leron, let's get let's get you
45:50
in between me and Roz, here we go.
45:53
And. Beautiful.
45:55
Let's get, yeah. Yeah, zoom out a little bit
45:57
kind. Of zoomed out a little bit.
45:59
We're we're we're producing on the fly everyone.
46:02
So I apologize and here we go, We got the full crew and here at
46:06
the Bitcoin Grove in Miami, Miami's own Bitcoin hackerspace.
46:11
And I'll start with you, Roz. What is a hackerspace?
46:13
Man, I don't even know what that is, but it sounds like sounds
46:15
badass. So.
46:17
Like a hackathon happens and a team forms and they come
46:22
together. Let's back up, dude.
46:23
I'm in media. What?
46:24
What? What is a Hackathon?
46:27
Well, in in the history of hackathons, it's usually a
46:30
prompt and a prize associated for building either the coolest
46:34
or the best thing with a certain theme.
46:38
So it it, you know, it's creators, it's builders, it's
46:41
mostly, you know, cypherpunks write code.
46:44
So it's a very heavy like dev leaning, but there's people that
46:47
do all sorts of stuff. So you know everybody kind of
46:51
brings their own skill set into the space and you know we're
46:54
trying to advance Bitcoin with, you know, that means to
46:57
something different to different people.
46:58
But we all see it as money and we see a better future using it
47:01
as money. So fill in the gaps.
47:04
Hacking things into into existence is really what hackers
47:07
do. But I'll let Leron talk about
47:10
how he, he kind of got involved building in this space and and
47:13
we have some other builders here.
47:14
So maybe we can kind of talk about what's being built at the
47:18
Bitcoin Grove to answer that question.
47:20
Beautiful. Beautiful.
47:20
So before we get Leron in the space, Leron is simply Bitcoin's
47:24
unofficial technical correspondent.
47:27
He's, yeah, We haven't had him on it for a minute.
47:29
We need some tech analysis. Yeah, we got to bring Leron on
47:32
the show. He he's one of the most talented
47:35
developers like I said that I know and you know, happy to have
47:39
him back. You know to to chat with us
47:41
today. How you doing, Leron?
47:42
Doing good, Doing good. I can't hear myself, so I can't
47:45
hear you either, Opti, but hi, how are you doing?
47:49
Yeah. So, you know, I've been a part
47:51
of Bitcoin growth since I guess the beginning.
47:55
Roz has done an amazing job, you know, cultivating a community.
47:58
And I've been really happy to to have this in Miami because, you
48:02
know, we the, the Miami, the community in Miami was a little
48:05
shady for for quite a while. So we have a really good
48:08
community of builders, you know, very, very strong thinkers.
48:12
And yeah, so, you know, I spend some of my time here, You know,
48:15
I'd love to to be here more often than I am.
48:18
I'm here usually once or twice a week.
48:20
But yeah, I'm spending my time here just building.
48:23
Right now. I'm working with TBD on Web 5.
48:26
So have you guys, you know, you've heard me talk about it
48:28
before, centralized identity, data storage and stuff like
48:31
that. We have some cool releases
48:33
coming in the near, very, very near future.
48:36
But all the stuff is available. It's all open source.
48:38
It's in a tech preview, right? Please go and play with it.
48:43
Awesome. So Leon, what is what you said,
48:45
Web 5 S Web three is where all the shit Coinery is happening,
48:49
right? But Web 5 is is Bitcoin related?
48:52
Can you kind of explain what Web 5 is?
48:54
Well, it's it's not exactly Bitcoin related, but many of us
48:59
that are working on it just believe in the Bitcoin ethos.
49:01
And we believe that you don't really need any of the shit
49:03
coins to do any of the stuff that people want to get out of
49:08
Web Three. You know, what people really
49:09
want out of Web Three is being able to own their own data and
49:12
be able to, you know, control their digital identity, their
49:16
online identity, their online presence.
49:19
And that's what Web 5 is really about.
49:20
It uses decentralized identifiers to identify
49:22
yourself. It uses something called
49:24
verifiable credentials as a standard way to issue
49:26
credentials and verify them between parties.
49:29
And then there's another component which I work on is
49:32
called decentralized web nodes. And that is where the storage
49:35
happens and some of the application rules of like who
49:39
can access what kind of so you can, you know build all sorts of
49:42
apps on there not, you know, it's it's analogous a little bit
49:48
to Noster, but it has some more standardization rules around it.
49:53
I'll say awesome, awesome. And this is exactly why Lee Ron
49:56
is simply bitcoins technical correspondence, because I have
49:59
no idea what any of that means. But I'm sure a lot of you do.
50:03
So anyways, so back to Roz. Thank you Lee Ron.
50:05
Let me give you a hug. Love this guy.
50:08
Love this guy. Incredible dude.
50:10
Anyways, so back to Roz. Roz, you decided to really start
50:16
at this kind of Bitcoin Oasis in this sea of shit.
50:21
Coinery. We had a little bit of a boost
50:23
with the Miami Bitcoin conference.
50:25
You know, had a lot of people kind of come and you know visit
50:29
and you know have a had a good time in Miami a little bit.
50:32
But Bitcoin conference has moved on.
50:34
It's, you know, it's in Nashville, right?
50:35
There's a huge Bitcoin presence in Nashville.
50:37
You have Bitcoin Park. You know of course you have the
50:40
Bitcoin conference, you have Bitcoin Magazine headquarters,
50:42
right. So it's you know it's we're
50:44
basically the last flag in in Miami.
50:47
So so yeah man. So talk a little bit about you
50:50
know why you started Bitcoin Grove in in Miami, why it's
50:53
important if there's any bitcoiners in Miami you guys
50:55
have to make the the trek here to Bitcoin Grove check out the
50:59
office space a bunch of bitcoiners here building.
51:02
So what are your thoughts? I mean, I just refuse to live
51:05
somewhere where people don't know what's up with Bitcoin.
51:08
They just refused to to get it. So I wanted to be a part of
51:11
that. When I was in the Bay Area, I,
51:13
you know, attended all this stuff, different crypto,
51:15
blockchain bullshit. And then I went to bit devs and
51:18
I started to like understand how Bitcoin works and pieces really
51:21
started to click for me and it made it easier and easier to see
51:25
through the bullshit. So that that was part of my
51:27
experience attending Socratic seminar series.
51:29
So when I got back to Miami, this is where my family is, this
51:32
is where I'm from. I, you know, I'm gonna live here
51:34
long term. There needed to be a regular bit
51:37
devs. So we started the Miami Bit Devs
51:38
a little over two years ago and I saw what other cities were
51:42
doing. So I went out to Pleb Lab, shout
51:44
out they they threw me some great swag here.
51:46
We got the Pleb Lab. TI don't know if that's on
51:48
camera or not. They doing it up in Austin with
51:51
a good density of builders. And then of course Bitcoin Park
51:54
out in Nashville. They've got the, you know, BTC
51:56
Inc there in their backyard too. And bringing the conference
51:59
home, it's putting on for the city of Nashville, seeing what
52:02
they were doing there with a very upscaled campus to advance
52:05
Bitcoin. You know it was like every city
52:08
needs that so why not Miami. So we're you know finding other
52:12
builders like minded that want to be a part of it, bringing
52:14
them under a roof, seeing what kind of synergies and what type
52:18
of places we can find that we can help each other out
52:20
different skills and different people.
52:22
So it's it's becoming it's emerging as this pretty
52:26
competitive scene in the grand scheme of the Bitcoin cities.
52:31
I think Miami has a has a lot of room to run to emerge as a big
52:35
Bitcoin city. So like winning hackathons here
52:37
with our our hackers that are members that's like one of the
52:40
ways we compete. You know we had a logo
52:43
competition which accord our it's a shame we don't have our
52:46
Bitcoin Grove hat on right now but we should have that logo up.
52:48
We put up design just kind of like, you know, where
52:52
competition happens, winners, the people win, other people
52:56
using what we're competing to build.
52:59
So we just want more and more cool stuff.
53:01
So it's fun to lean in a little bit to the rivalry across the
53:04
state. We got Bitcoin Bay over there,
53:06
someone shot those guys out there building a high signal
53:09
Bitcoin content in Tampa. So yeah, it's just seeing what
53:12
other people are doing and kind of I think having this vision
53:16
where every city is going to have its focused Bitcoin crew.
53:19
And if we can you use the economies of scale to kind of
53:22
share resources where not every builder needs to set up their
53:25
own suite and have something that can kind of lower the bar
53:29
to the cost of building on a Bitcoin standard and and really
53:32
pushing your community. You hear so much about people
53:35
piercing out to El Salvador, you know that doesn't really jive
53:38
with me. I'm, I'm, I love being in Miami
53:40
because it's so close to the US you know, I don't really want to
53:42
go anywhere. So we got to build here and I
53:44
think if you buckle in, I I was like the the first route to
53:48
really kind of commit to do it, you know, but there's other
53:50
routes that pop up, you know, and really start building that
53:54
network. And then the circular economy
53:56
happens. You know there's products and
53:58
and services and people are charging Bitcoin, people are
54:00
paying Bitcoin. So naturally you bring the
54:03
builders together. You see what they're working on.
54:05
You find places where it's in can change the community while
54:08
you're a part of it. So I'm very bullish on every
54:11
city having a citadel and you know, rather than escaping to
54:16
Bitcoin country, you know, make, make wherever you're at, like
54:18
happens. I believe it's it's a a matter
54:21
of lining the energy and finding other people that are, you know,
54:24
on the psychopath, Bitcoin or nothing.
54:28
You know, like refuse to work for something someone else can
54:31
make for nothing. Absolutely.
54:32
Wait, wait, can you can you tell that one more time to Nico that
54:36
we are not leaving the US? He needs to hear this
54:39
constantly. I have one question.
54:44
Yeah, yeah, I do have. I do have one question though, I
54:47
I I'm pretty sure I've asked this to Nico, I've asked this to
54:51
wine as well. But I'd like to get your take
54:53
because we all know that Miami is kind of, for better or worse,
54:56
kind of like a a shit coin city. You know there's a lot of shit
54:58
corners out there. There's a lot of superficial,
55:00
you know, money type of people. So what do you think it would
55:03
take to get a lot of people in Miami stacking Bitcoin?
55:07
Yeah, I think it needs to be. I think builders need to be able
55:10
to thrive, right? So resources available to
55:12
builders, you know, capital formation where if you, you have
55:15
a sustainable business model that is also aligned with
55:18
advancing Bitcoin, I think there needs to be more people, you
55:21
know, writing checks and backing those start-ups, turning them
55:23
into something that grows with the community.
55:25
So you're already seeing it. One of the hackathon projects
55:28
here, Resolver, is a bunch of the Bitcoin Grove members.
55:32
We got the runner up at Legends of Lightning, where we built a
55:34
bounty board that used Noster to try to solve some of the
55:37
problems around getting work to big bounties, bigger bounties
55:42
that lead to some disputes. You know, we've we've figured
55:45
out a way to resolve them with ZAP polls and we're working on
55:48
some other stuff to do it open source justice.
55:50
So that kind of started and we need more traction with it.
55:53
And I think everybody within their region, their city, they
55:57
kind of like put their flag out and build something and it tends
56:01
to be that like that piece of that black hole for the gravity
56:05
that would bring other builders that are are aligned to see
56:08
where they can advance it. So having a project, you know I,
56:11
I, I like to see in Austin it happened with Unchained.
56:14
You know they they had a big piece of part of the gravity to
56:17
make Austin a high signal Bitcoin city.
56:19
And of course in New York with the chain Code Labs guys doing
56:22
their thing, they have the original bit devs up there and
56:25
that's happening. So I think each city leans into
56:28
what they do for Miami, you know we have a lot of shady people.
56:33
So naturally having a open source justice movement out of
56:36
here makes a lot of sense to hold people accountable.
56:39
Sunny sunny City for shady people is is the truth And a lot
56:44
of it's the facade. You know, Miami Beach especially
56:47
puts on and you know, naturally Bitcoin Magazine showed up to do
56:50
their circus. But at the end of the day,
56:52
there's people living here and working here and and and
56:55
building an advancing Bitcoin in their with their skills.
56:58
So like, it doesn't just come on and disappear.
57:00
We're the gateway to the Caribbean.
57:01
There's a lot of people that end up, you know, Latin America,
57:04
really the capital of Latin America here in Miami.
57:06
So I think there's a lot of people that found Bitcoin and
57:09
are going to going to be pushing whatever they're doing right now
57:12
toward hyperbiquinization for the rest of their life.
57:14
So, you know, like there's others everywhere.
57:17
Well, you know, this is this is happening all over the place and
57:20
it's a beautiful thing to see here.
57:22
Love it. I'm going to one more question
57:24
for you Roz. Can anyone be a part of Bit
57:28
Grove, like what? What's the deal with this if
57:30
they're in Miami area, how how can they get involved?
57:33
And then I'll pass it to Nika. Yeah, it's membership's open for
57:39
inquiries, so if you want a dedicated desk, it's 450 a
57:42
month. That's what we do for our
57:43
resident members. We also take applications for
57:47
bitcoiners in residence, which kind of is a discounted resident
57:51
membership. But there's some strings
57:52
attached like more of the help with event organization, some of
57:56
the community responsibilities. So like there are two kind of
57:59
paths the resident members and bitcoiners in residence.
58:02
So the site has the link which is on it's linked to our our
58:08
Twitter handle so you can just click through for the membership
58:11
inquiry on Twitter at Bitcoin Grove.
58:14
Yeah for people that are in Miami or spend enough time here
58:17
to to make use out of that resident membership there's a
58:21
larger Co work with print stations coffee on tap it's it's
58:24
kind of like a a we work we have our little corner of it
58:27
dedicated to advancing Bitcoin. So if that appeals to you,
58:30
definitely get in touch. DMS are open.
58:35
Amen to that. And guys, I put it up on screen
58:38
and go to tinyurl.com/BTC Grove and you could sign up for the
58:43
website and you can you can apply to be a member, especially
58:46
if you live in Miami. Help, you know help grow the
58:50
Bitcoin community. Help us as bitcoiners plant a
58:52
flag. You know in Vice City right?
58:55
So anyways, you know guys, really appreciate you guys
58:58
tuning into tuning into today's show.
59:01
We got a we got 1380 live viewers across all platforms and
59:06
of course our our viewers over at Rumble.
59:09
So if you guys enjoyed the show, you know what to do.
59:11
Smash that like button. If you feel like we provided you
59:13
value, consider subscribing to the Simply Bitcoin channel on
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your favorite medium, of course. And of course, if you want to
59:19
help push the peaceful Bitcoin revolution, like the great
59:23
Andrew Breitbart said, if you want to win over the political
59:25
game, you have to take over the culture, right?
59:28
The way that you do that is winning over the hearts and
59:31
minds of the people. So share Bitcoin music.
59:33
Share Bitcoin art, Share Bitcoin communities like the Bitcoin
59:35
Grove. Tell it to your friends.
59:38
Share Bitcoin media. Share Bitcoin, everything.
59:39
We got to win over the hearts and minds of individuals.
59:42
Not left versus right. It's not Republican versus
59:43
Democrat. It is the party of green versus
59:46
the party of Orange. I thought it was quite a
59:49
coincidence. I found it funny that it was.
59:51
It's Greenpeace attacking Bitcoin.
59:54
Obviously. Green pieces on the party of
59:56
green. It's in the name.
59:57
I just don't think they they know that.
59:59
Anyways, guys, we love you, we appreciate you and we'll see you
1:00:03
tomorrow for a brand new episode of Simply Bitcoin Live.
1:00:07
Peace out, everybody. Episode was brought to you by
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