Latest / Simply Bitcoin / "Bitcoin Will Hit $280k Per Coin by 2025" | EP 925

Transcript

"Bitcoin Will Hit $280k Per Coin by 2025" | EP 925 · Simply Bitcoin

• 0:04
  It's all going to zero against Bitcoin.
• 0:07
  It's going on forever. You're against Bitcoin.
• 0:17
  You're against freedom. Yeah, Welcome to another episode
• 0:25
  of Simply Bitcoin Live. Your number one source for the
• 0:27
  peaceful Bitcoin revolution. Color breaking news culture.
• 0:30
  Matic Warfare will be your guide through the separation of money
• 0:33
  and state. Ladies and gentlemen, welcome to
• 0:35
  the most watched Bitcoin Daily live show on YouTube.
• 0:39
  Rumble. NX.
• 0:40
  Lots of stuff to talk about. There was, you know, usually we
• 0:43
  don't get into the speculative territory or the price
• 0:47
  prediction territory. I just really like how this
• 0:50
  thread kind of broke it down. And also, of course, Michael
• 0:53
  Saylor is feeling extremely bullish and he's following the
• 0:56
  Samson Mao kind of way of putting the price.
• 0:59
  So apparently you don't say 48,000, Let's round it up.
• 1:02
  Apparently you don't say $50,000 Bitcoin, you say .05 million,
• 1:07
  right? Everyone's getting prepared for
• 1:10
  the $1,000,000 Bitcoin that we all know it's going to.
• 1:12
  It's going to, We all know it's going to hit 'cause it's going
• 1:15
  up forever, Laura. And also in the beginning, very
• 1:20
  interesting. Central bankers hubris are
• 1:23
  reaching maximum levels. They literally, you know, over
• 1:28
  the last couple of years, like whether it's Christine Lagarde
• 1:32
  is literally calling Bitcoin an escape valve or, you know, all
• 1:36
  the things that we've seen, especially if you guys have been
• 1:39
  tuning into simply Bitcoin. You guys haven't missed a beat,
• 1:41
  but they literally said that central banking is a great
• 1:46
  business to be in. Like they literally talked about
• 1:49
  the racket itself. So we're going to talk, we're
• 1:53
  literally going to play you guys the video.
• 1:55
  Like why would they say this, Like this is such a great
• 1:59
  advertise advertisement for Bitcoin and then not to mention
• 2:03
  that that quote UN quote business or racket that they're
• 2:06
  part of has real life consequences.
• 2:08
  We've talked about this many times on simply Bitcoin.
• 2:11
  If you are, if you are in the lower and middle classes, that
• 2:15
  that generally means you're, you know, part of the younger
• 2:18
  generation. You don't have the means to save
• 2:21
  in assets. Therefore you don't benefit from
• 2:23
  asset inflation. Every time they print money, the
• 2:26
  price of assets go up, not necessarily because their value
• 2:30
  goes up, but because of the amount of money that they
• 2:33
  printed, right. But the vast majority of people
• 2:37
  on planet Earth don't have that privilege.
• 2:39
  So they save in Fiat currencies, they earn and they save in Fiat
• 2:43
  currencies, so they get devalued.
• 2:45
  Their purchasing power continues to decrease.
• 2:48
  It causes this nihilistic worldview, I would say,
• 2:51
  depression. You constantly have to work
• 2:53
  harder and harder and harder and you're getting paid less and
• 2:55
  less and less and less. This is what Bitcoin fixes.
• 2:59
  This is in the genesis block. It says, literally, Chancellor
• 3:02
  on the brink of the second bailout for banks, obviously
• 3:05
  referencing money printing. Money printing has real life
• 3:09
  consequences. Yesterday in the US, it passed
• 3:12
  the Senate. I don't know if it's going to
• 3:13
  pass the House, but essentially they just approved another $60
• 3:17
  billion package to fund the war in Ukraine.
• 3:22
  This is Money that we don't have. the US, the US is
• 3:25
  currently a $34 trillion deficit.
• 3:29
  The the the unfunded liabilities.
• 3:33
  The last time I checked, the debt clock is 212 trillion.
• 3:37
  That's right. With the T So it's just some
• 3:39
  absurd amount. But yeah, these central bankers
• 3:43
  hubris, you know, whether it's Opti's ex-girlfriend, Christine
• 3:46
  Lagarde or the central bankers out of New Zealand.
• 3:49
  I mean, you could the only one that you could say that doesn't
• 3:52
  have that type of hubris. But I'm not.
• 3:54
  I'm not making excuses. OK.
• 3:56
  So don't beat me up. Here was Jerome Powell in that
• 3:59
  60 Minutes interview that we played you guys last week or the
• 4:02
  week before right where he literally said we're the US is
• 4:05
  on an unsustainable fiscal path. So maybe not all of them you
• 4:09
  know it's got into their heads but at least some of them are
• 4:12
  saying the quiet part out loud. And Augustine Carson, you could
• 4:15
  put them in, you know in the in the hubris camp as well.
• 4:18
  So anyways, it's going to be a great show.
• 4:20
  We have a lot to talk about. Let's get it started.
• 4:22
  I'm going to get Opti in here and he already has a has a he
• 4:26
  already has a smile on his face. So that means it's going to be a
• 4:29
  great show. We're going to break all time
• 4:31
  high in numbers. Once Opti has a smile and the
• 4:34
  show started means that means we're doing something good.
• 4:37
  So what's up? Well, well, well, well, good
• 4:39
  morning. Good to see you guys.
• 4:40
  And yeah, man, we say it all the time.
• 4:44
  You know, as as hard as we try to push Bitcoin, we will never
• 4:47
  match the marketing capabilities of all of the central bankers
• 4:52
  and the politicians and everyone that doesn't like Bitcoin.
• 4:55
  You know, we can speculate and and we can put words in their
• 4:58
  mouths just based on, you know, the meme.
• 5:00
  What's the the saying? Not what they say.
• 5:02
  Watch what they do. Well, we've been watching what
• 5:05
  they've been doing for a long time and now they're saying what
• 5:07
  they've been doing. And it's absolutely incredible.
• 5:09
  And it really reminds me and I I hate to be like, oh man, always
• 5:13
  thinking about the Roman Empire. But it really feels like the end
• 5:16
  of the Roman Empire where the politicians and the bankers are
• 5:18
  just trying to take as much as humanly possible as quickly as
• 5:22
  possible. And we're we're seeing it in
• 5:25
  real time. It's absolutely amazing.
• 5:26
  Anyways, anyways, let's bring in our guests.
• 5:28
  And that's why I'm smiling today is because we got Tatum turn out
• 5:31
  on today's show though though I I do have to forewarn you guys.
• 5:36
  Tatum wants to be very serious here today.
• 5:39
  So less comedy and we're going to geek out on mining.
• 5:43
  So this is when when we were hanging out in Las Vegas, Tatum,
• 5:47
  Tatum like hit me. He's like bro like like
• 5:49
  literally put his arm around me. He's like bro, like, you know,
• 5:51
  everyone thinks I'm like a funny guy, but like, I really just
• 5:54
  want to geek out and talk about mining.
• 5:56
  So I'm like. Come on, you can't be a funny
• 5:59
  guy unless you're extremely intelligent.
• 6:01
  OK, you can't do it. You can't be a funny guy unless
• 6:04
  you're extremely Tatum. No, no, no, no, no.
• 6:07
  But. But but it's like on purpose
• 6:10
  funny, 'cause there's like two types of funny.
• 6:11
  There's like the funny where you don't try to be funny, but then
• 6:14
  there's the the highly rehearsed, skill set type of
• 6:17
  funny, which is definitely where Tatum falls in.
• 6:20
  But I just noticed something. Since Opti brought Tatum on the
• 6:25
  show, it's usually, you know, in between 2 ASICS, but right now
• 6:29
  it's Tatum in between 2:00 I. Don't know.
• 6:37
  I thought that was going to get dark real.
• 6:43
  Quick between 2 simplys. I don't know bro.
• 6:46
  I don't know what the correct term is.
• 6:48
  Anyways, guys, wait, wait, wait. Before we go, I'm sorry, can we
• 6:51
  all acknowledge Tatum's drip on today's show?
• 6:54
  Look at this guy. He's.
• 6:58
  Got a jacket? Where's the Where's the
• 7:01
  bulletproof vest, bro? Yeah.
• 7:03
  Dude, you're not on brand. Yeah, no, it was.
• 7:07
  It's in the shop right now. It's someone took a few shots at
• 7:10
  me and it's got to get look. It was yellow, yellow.
• 7:16
  Yellow's taught me. Yellow Yellow's a dangerous
• 7:19
  puppet. Yellow's a dangerous puppet.
• 7:21
  All right guys, if you're enjoying the show, make sure to
• 7:23
  smash that like like button. Consider subscribing really
• 7:26
  helps you know, with the peaceful Bitcoin revolution.
• 7:29
  Share Bitcoin content. So please subscribe to our
• 7:31
  channel if you're enjoying it so far.
• 7:33
  Anyways, before we jump into the numbers, I do want to give a
• 7:37
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  At the time of recording, the Bitcoin price is 48,585 S That's
• 9:45
  per dollar 2058 block height, 830,314 blocks to having 9686.
• 9:53
  It's coming up having estimate April 19th 2024 Total Lightning
• 9:58
  network capacity 4765 Bitcoin capacity value 231 million U.S.
• 10:05
  dollars. Realize monetary inflation
• 10:07
  continuing to take Fiat currencies to absolute school
• 10:11
  1.75% The market capitalization of Bitcoin $953 billion with AB
• 10:18
  and the Bitcoin verse gold market cap 6.91% Quick ETF
• 10:23
  update. Wall Street can't get enough of
• 10:26
  the corn. The iShares Bitcoin Trust holds
• 10:30
  95,276 Bitcoin almost at 100,000 Bitcoin.
• 10:37
  The Fidelity Trust Last week when we read you guys, This
• 10:41
  number holds 76,429, ladies and gentlemen.
• 10:46
  There's not enough Bitcoin for them there.
• 10:49
  There's not enough Bitcoin to go.
• 10:51
  This price Nico at this. Price this at this price
• 10:53
  exactly. I mean are you going to sell it?
• 10:56
  I'm not going to sell it. Did did OPTI just slip up?
• 10:59
  No, no, you there's there's enough Bitcoin at higher prices
• 11:03
  to go around. Opti just slip up.
• 11:05
  Opti just confirmed that he's gonna sell his Bitcoin to Larry
• 11:08
  I. Think I don't own any Bitcoin, I
• 11:11
  just talk about it constantly. That's a good answer in other
• 11:14
  news. Wait, wait, wait, Nico, can we,
• 11:15
  can we? Before you go into this guys, if
• 11:18
  if, if you're if you're buying an ETF, don't buy the BlackRock
• 11:23
  One and buy the Fidelity One 'cause they're actually
• 11:25
  bitcoiners. So pop up those Fidelity
• 11:28
  numbers. Yeah, What?
• 11:32
  Hey. By the spot.
• 11:34
  People are going to buy it. People are going to buy the ETF
• 11:36
  anyways. Exactly.
• 11:37
  Opti. What?
• 11:38
  What? What's gone into you today, bro?
• 11:40
  He went on a date with Chrissy. Yes, last night.
• 11:42
  That's. Yeah, yeah, I'm feeling good,
• 11:43
  dude. Yo, Opti, we.
• 11:46
  Talked about it, yeah. Yeah, he can't Opti can't, can't
• 11:50
  get enough of the contilion air effect, man.
• 11:52
  He loves that. He loves.
• 11:53
  Contilion Hey, play this clip and you guys won't understand
• 11:56
  why. Speaking of concilionaires, I'm
• 12:00
  pretty sure I updated her as well.
• 12:03
  Anyways, so there's a group of central bankers and they said
• 12:08
  the quiet part, like, like to be frank, like I don't know how
• 12:10
  else to put it. Like, you know, usually I don't
• 12:13
  say, you know what clown world is?
• 12:16
  Such clown world that we don't even have to be hyperbolic at
• 12:19
  this point. Like, we don't even have to
• 12:20
  like, you know, exaggerate or nothing.
• 12:23
  Like they're just saying it, whether that's Chrissy Lagarde,
• 12:26
  whether that's Jerome Powell admitting, you know, the
• 12:29
  unsustainable fiscal policy of the US.
• 12:32
  You know, whether it's like Elizabeth Warren, like, you
• 12:35
  know, basically using the Wall Street Journal, using legacy
• 12:38
  media, like they're we're at that point in the movie that
• 12:41
  like the, I think it was Max Kaiser that originally said this
• 12:44
  and it was genius. The excuses themselves are
• 12:47
  suffering from inflation, right. So anyways, so here's Robert
• 12:52
  Breedlove and a lot of predominant bitcoiners had to
• 12:54
  take on this. But before I read those takes,
• 12:57
  let's check out the video. It's about 26 seconds long.
• 13:01
  I'm going to play it for you guys a couple times because it's
• 13:03
  that crazy. You know the fiscal challenges
• 13:05
  etcetera that are there, so very focused on being cost effective.
• 13:11
  We actually fund ourselves and then work out what dividend is
• 13:14
  needed to pay. So we kind of work but it's a
• 13:17
  great business to be in central banking money and people believe
• 13:21
  it and and and touch wood and so.
• 13:27
  So it's it's a slightly different piece to so we kind of
• 13:31
  work but it's a great business to be in central banking.
• 13:34
  I'm going to play that one more time.
• 13:36
  That is not a parody. This is not, you know, AI.
• 13:40
  This is coming out in New Zealand.
• 13:42
  Central bankers in New Zealand saying the quiet part out loud.
• 13:46
  Maybe this guy didn't believe that the Internet Internet
• 13:50
  exists, but this is absolutely insane.
• 13:53
  Let's play it one more time. So I'm very focused on being
• 13:57
  cost effective. We actually fund ourselves and
• 14:00
  then work out what dividend is needed to pay.
• 14:03
  So we kind of work but it's a great business to be in central
• 14:06
  banking print money and people believe it and and and touch
• 14:12
  wood and so. So it's it's a slightly
• 14:16
  different piece to. It's a great business to be in.
• 14:21
  We print money and people believe it and they laugh and
• 14:28
  they laugh, which is like the equivalent.
• 14:29
  Of I I think it's crazy because they're they're not admitting,
• 14:33
  they're bragging and that's the worst part about.
• 14:36
  It. Yeah.
• 14:36
  And this is like the equivalent of, like, spitting in your face,
• 14:39
  essentially. So, you know, like, like, look
• 14:45
  at the smirks. Like, especially another one of
• 14:48
  Opti's exes. Like, she's just looking over.
• 14:51
  She's like laughing, you know, and and they're just dead
• 14:56
  serious and you just got like, chuckles.
• 14:58
  So here's what you know, Breedlove said.
• 15:00
  Whoa, talk about saying the choir part out loud.
• 15:03
  What is money will be regarded as the defining question of our
• 15:07
  time in history. I 100% agree because, you know,
• 15:12
  this is what bitcoiners have been saying.
• 15:14
  This is what Safedeen, you know, rewrote a book, right.
• 15:17
  The Bitcoin standard and then the Fiat standard.
• 15:19
  You know, Lynn Alden wrote a book as well, you know, very,
• 15:23
  very intelligent. Bitcoiners was a simply Bitcoin
• 15:25
  has been saying this every bitcoiner.
• 15:27
  You know every bitcoiner has been saying this, right?
• 15:29
  Even Satoshi and the Genesis bloc.
• 15:31
  It's like, yeah, central bankers are just literally creating
• 15:34
  money out of thin air. This is how governments are able
• 15:36
  to fund the endless wars. This how governments are able to
• 15:39
  spend money they don't have is by printing money.
• 15:42
  And here is a central banker literally admitting this is a
• 15:45
  great business. We print money and people
• 15:47
  believe it. Ha ha hee ha.
• 15:49
  Look, we have a lot of work to do, and I'm saying this
• 15:54
  referencing the the clip or the propaganda video coming out of
• 16:00
  the Abide administration yesterday, literally blaming
• 16:04
  companies for shrinkflation. And I think that video got like
• 16:07
  25,000 likes. Until that those types of videos
• 16:12
  come out and they have zero likes because people have woken
• 16:16
  up to what is money, what is actual real money, and what is
• 16:18
  fake money. We have a lot of work to do as
• 16:21
  bitcoiners. And yeah, you could tune into
• 16:24
  simply Bitcoin every single day. But ask yourself not what
• 16:28
  Bitcoin could do for you. Ask yourself what you can do for
• 16:32
  Bitcoin. So get that message out there.
• 16:35
  Don't fall into the left and right, divide and conquer
• 16:38
  tactics of governments, Democrat versus Republican.
• 16:41
  Whatever it is in your country, wake the F up and really tell
• 16:45
  the people around you, regardless of their ideology.
• 16:49
  It's like, guys, there's a problem here.
• 16:52
  There's a bureaucratic elite that gets to print money or
• 16:54
  create money for free that everyone else has to work for.
• 16:58
  And there are serious economic consequences to that special
• 17:02
  privilege that they have and that they've abused the decades
• 17:05
  and decades and like over 100 years actually, that central
• 17:09
  banking has been a thing. What was that great Ron Paul
• 17:12
  quote, right? It's not a coincidence that the
• 17:14
  bloodiest century in human history is the century of
• 17:18
  central banking. Right?
• 17:20
  So here we are, ladies and gentlemen.
• 17:21
  Here we are in the movie where they're literally saying the
• 17:23
  quiet part out loud. Here's Marty Bent.
• 17:25
  Central bankers are getting cocky quote it's a great
• 17:28
  business to be in. You can print money and and
• 17:31
  people believe it. We actually fund ourselves.
• 17:33
  Pride cometh before the fall. Bitcoin is a much more ethical
• 17:37
  and sensical monetary system. And we have sent Preston Pish
• 17:41
  saying central bankers think you are so dumb that they can just
• 17:46
  say this kind of stuff out loud. Bitcoin is your proof that they
• 17:50
  can't keep getting away with this theft.
• 17:52
  And that's 100% right from press and pitch.
• 17:55
  But I'll add an element to that It's not only your proof.
• 17:58
  It's only your proof if you are buying Bitcoin, earning Bitcoin,
• 18:03
  mining Bitcoin and taking that Bitcoin to self custody.
• 18:07
  If you're not doing so, I mean, you're kidding yourself.
• 18:12
  It's there is no proof, right? You're you're you know it's
• 18:16
  you're buying that you're you're buying more paper Bitcoin
• 18:19
  essentially you're you're you know you're falling more into
• 18:22
  the the legacy financial system. Bitcoin is a revolution.
• 18:26
  It's a stand up. It's basically saying enough is
• 18:29
  enough. I refuse to own a money that
• 18:31
  another man can create for free right.
• 18:33
  That's what Bitcoin is all about.
• 18:35
  But only if you take a little bit of personal responsibility
• 18:39
  and you take that Bitcoin that you mind that you bought and you
• 18:42
  take that Bitcoin into self custody.
• 18:44
  And if enough people do that, we win and you can't have these
• 18:47
  people just laughing at us anymore.
• 18:49
  And the whole dynamic between government and citizen, the
• 18:52
  state and the individual, all of that's going to change.
• 18:55
  Because if they don't have the ability to print money, those
• 18:59
  politicians are going to start being awfully nice to you.
• 19:02
  And they're gonna start off, they're gonna start wanting to
• 19:05
  do things for you all of a sudden, because there's gonna be
• 19:07
  no other way for them. He's the guy said it in the
• 19:11
  video. There's gonna be no other way
• 19:13
  for them to fund themselves other than via direct taxation,
• 19:17
  right? And if it's via direct taxation,
• 19:20
  the populace that you're taxing actually has to like you for
• 19:24
  them to agree with the spending, right?
• 19:27
  So anyways, lots of stuff to break down, but I mean, I'm
• 19:32
  going to start with Tatum. Tatum.
• 19:33
  Like what? Why?
• 19:35
  You should get that. You should get those people on
• 19:37
  your show brother, and you should say you should ask him
• 19:39
  some serious questions, because what the F?
• 19:42
  I've been trying to get Jerome Powell on the show for a very
• 19:45
  long time and it hadn't really worked out, but if anyone could
• 19:48
  put in a good word, Opti let me know.
• 19:52
  But I actually quoted that tweet as well, with a less less
• 19:59
  intelligent take. I just said get the stones
• 20:02
  because it's insane that they just outright in your face.
• 20:06
  Like they're they're saying it. And the the problem is, like, we
• 20:10
  are the bitcoiners are the people who understand like, oh,
• 20:14
  we've known that they're just saying it out loud.
• 20:16
  But there are people who don't recognize the severity of what
• 20:21
  he just said. Like your mom and pop stores and
• 20:26
  you, hell, some of your loved ones are just like, they're
• 20:29
  like, Oh yeah, that's just how things work.
• 20:30
  That's just how it is. The government does this so we
• 20:34
  can do this. Like it is a by default system
• 20:40
  that you can opt out of that people don't.
• 20:43
  Well, not a lot of people understand that you can't opt
• 20:44
  out of it, that you can't fight this and you don't have to, you
• 20:49
  know, sign any documents, go to court or anything like that.
• 20:53
  You just start getting Bitcoin and and holding it.
• 20:56
  Because I can look at the code and I have, I have several
• 21:00
  computers that look at the code every 10 minutes and they say
• 21:04
  like, OK, everything's still working like it is, there's
• 21:07
  still going to be 21 million. And it looks like these
• 21:11
  transactions are happening and these did happen and yeah,
• 21:15
  everything looks good. Can you do that with Fiat
• 21:19
  currency? No, you can't.
• 21:21
  People need to understand how big of a deal it is that you
• 21:24
  actually have the option to do this Now.
• 21:27
  That's all it is. Man makes you bad. 100% no.
• 21:31
  And I I, I love how you said that Tatum, 'cause that kind of
• 21:35
  brings me to one of their talking points.
• 21:37
  And their one of their talking points is essentially like, you
• 21:42
  know, the central bank money is public money and Bitcoin is
• 21:47
  private money. I, I don't know about you guys,
• 21:50
  but you can't audit, like what? What Tatum just said, you can't
• 21:53
  audit the Fed. You can't audit Fiat currency.
• 21:57
  You you don't know, right? You can't create more Fiat
• 22:01
  currency without going to jail, right?
• 22:03
  You can create more Bitcoin. You just have to, you know, get
• 22:06
  in line and mine it like everyone else.
• 22:08
  You can audit it like everyone else, right?
• 22:11
  So I don't know about you guys, but what sounds like a more
• 22:14
  public money and what sounds like a more private money,
• 22:18
  right? So I think it's just another
• 22:19
  case of the iron law of central banker and politician
• 22:24
  projection. They project onto US what it is.
• 22:27
  They are guilty of themselves, right.
• 22:29
  And this is a system that benefits politicians and central
• 22:34
  bankers the most, right. So they're both going to protect
• 22:37
  each other because it, you know, the central bankers fund the
• 22:39
  politicians and the politicians protect the central bankers,
• 22:42
  right. So, you know, and this becomes
• 22:44
  this like never ending kind of, you know, vicious circle.
• 22:47
  And then you have situations like in the US where, you know,
• 22:52
  we're sending billions of dollars overseas to fund these
• 22:57
  wars. And there's plenty of American
• 22:59
  cities that are just like, you know, falling apart, right?
• 23:03
  And you have to ask yourself like if we if if the US had this
• 23:08
  ability to create money for free, just literally just print
• 23:12
  money out of thin air, why isn't that money going back to help
• 23:17
  the people of that country in the first place?
• 23:19
  Why is that money only going to benefit, you know, a a a
• 23:24
  bureaucratic elite, you have to ask yourself that.
• 23:27
  And I think it just comes down to like human nature and
• 23:30
  incentives. And I think, you know the a lot
• 23:32
  of these politicians can't help themselves and I think that's
• 23:35
  really what it comes down to. So it's time to try something
• 23:38
  different. It's time for a change.
• 23:41
  We are at this point, you know, we saw so many signs and so many
• 23:45
  like little hints here and there that hinted to what this
• 23:50
  gentleman just said. And specifically he's the
• 23:53
  governor of of of he's the governor of central banking in
• 23:58
  New Zealand. Apparently his name is Adrian.
• 24:01
  So there's been so many little like hints and drops of what
• 24:05
  this guy was saying, but they we never found the smoking gun.
• 24:09
  We found the smoking gun. Here's the smoking gun.
• 24:11
  It's right here. Like we literally caught them
• 24:13
  dead to rights, admitting the choir part out loud.
• 24:17
  So anyways, Opti, what's your take on this?
• 24:21
  Yeah. So I mean, look, we've been
• 24:24
  saying this for a long time and we attack this exact
• 24:29
  conversation in multiple different ways.
• 24:32
  And we try to get to people logically and explain the fraud
• 24:35
  that is central banking, the fraud that is money printing.
• 24:39
  But I don't think we could do as good of a job as the smugness
• 24:44
  coming off of that clip right there.
• 24:45
  Like if that doesn't get you angry, get you like an emotional
• 24:52
  response watching that when when they're just sitting there
• 24:54
  laughing and basically telling you that we are stealing from
• 24:58
  you and there's nothing you can do about it because you are
• 25:00
  still using the dollar. I don't know what will.
• 25:03
  And we we will constantly probably reference this quote
• 25:06
  for the end of time until people start to wake up the fraud that
• 25:10
  is Fiat money, the fraud that is the money printer.
• 25:13
  And like we've been saying this constantly throughout the year,
• 25:16
  that the more money they can print, the more they can steal
• 25:18
  from you. And Nico, I think the quote that
• 25:20
  you said and and that you tweeted, I refuse to work for a
• 25:23
  money that other people can print for free or rather can
• 25:26
  print out of thin air, is is just so fitting right here
• 25:29
  because everyone out there, everyone of my loved ones.
• 25:32
  Everyone of your loved ones, they are all literally getting
• 25:36
  their life force drained away from them by people that can
• 25:40
  print money out of thin air. They literally don't have to
• 25:43
  provide any work. You labor away every single day.
• 25:47
  Your loved ones labor away every single day.
• 25:49
  They literally waste their life for a a worthless piece of paper
• 25:52
  and these guys can print it to oblivion and get filthy rich and
• 25:57
  trade those worthless Ious for all of the luxuries of life.
• 26:02
  And if this doesn't get you mad, I really don't know Will.
• 26:05
  And this is the type of stuff this is like why we Bitcoin.
• 26:08
  This is why in the genesis block there is Chancellor on the 2nd
• 26:11
  brink or was it Chancellor on the brink of second Bailout is
• 26:14
  because this is the whole thing about Bitcoin.
• 26:16
  Yes, Bitcoin is censorship resistant, yes it is
• 26:19
  permissionless, but it is hard cap money that cannot be
• 26:23
  debased. And that is why we always say
• 26:25
  fix the money, fix the world. And we constantly show examples,
• 26:29
  various examples on this same thread that they know that they
• 26:34
  are stealing from from you and yet most people are still
• 26:37
  oblivious to it. And yet here we have them just
• 26:39
  laughing in our faces. And I really wonder where this
• 26:41
  clip came from. It said at the bottom like
• 26:43
  committee meeting or something like that.
• 26:45
  So like, like, I think like you said in the beginning, maybe
• 26:48
  they didn't know it was going to hit the Internet, like, what is
• 26:50
  going on? Here that's like a complete.
• 26:52
  Actually, really, it's kind of the they just don't care.
• 26:55
  It's back to the The Big Short meme.
• 26:57
  Like they're just bragging. Yeah, and I do want to get.
• 27:00
  I want to do read some of the comments.
• 27:02
  So first one is from Briggs. The the government hates the
• 27:05
  people. I disagree.
• 27:07
  I I think that you have a misaligned incentive structure
• 27:10
  and I think that Fiat brings out the worst in humanity.
• 27:15
  Literally, it just brings out because it's a system that few
• 27:19
  benefit from it while everyone kind of gets hurt from it.
• 27:22
  And then the people that benefit from it are incentivized to
• 27:25
  protect the system that hurts everyone else, right?
• 27:28
  So and then from your perspective, you're just like,
• 27:30
  wow, these people are just evil. Like, how the hell are these,
• 27:33
  you know, senators sending billions of dollars to fund a
• 27:37
  foreign war? Like, like, where are their
• 27:39
  priorities? Well, they're doing that because
• 27:41
  they're getting kickbacks, right?
• 27:43
  They're doing that because they're they're trying to enrich
• 27:46
  themselves. They're feeding their families.
• 27:48
  What bitcoiners are advocating for is to fix the incentive
• 27:52
  structure itself, and we're getting an example of that in El
• 27:56
  Salvador. In El Salvador, I really, truly
• 27:58
  believe this, and maybe it's too early to tell, right?
• 28:01
  But you have a society. I don't think it's a coincidence
• 28:05
  that the first country that made Bitcoin legal tender, therefore
• 28:10
  they fix the incentive structure the the base layer of society.
• 28:14
  You have the most popular president in the Americas that
• 28:19
  got re elected with 87% of the vote.
• 28:22
  And then and then they're on top of that you have the whole
• 28:26
  legacy corporate media attacking him, questioning him, like
• 28:31
  questioning like El Salvador's democracy and all these things.
• 28:34
  Even though he was duly, democratically elected for
• 28:38
  actually doing a good job. Which is why people, him, people
• 28:42
  elected him back into office in the 1st place.
• 28:44
  Like, you know, what is that that saying, right.
• 28:47
  The Flack is heaviest over the target.
• 28:49
  And I, I I like like just like this guys, we've been saying
• 28:53
  this for for many, many months, maybe years at this point.
• 28:57
  We are saying that this is what central bankers are, are, are,
• 29:00
  are, are, are doing. But with El Salvador, I have a
• 29:04
  suspicion. What's the saying?
• 29:05
  Also OPTI right where where there's smoke, there's fire.
• 29:08
  Like, you know, I don't have that proof yet, but I'm starting
• 29:13
  to see the same signs. Like, I'm starting to see that
• 29:16
  what happens when the next country follows in El Salvador's
• 29:19
  footsteps, which I think is inevitable in the next five
• 29:22
  years as a number go up, technology does its thing.
• 29:25
  And then what happens then all of a sudden, you know that that
• 29:28
  that government, that country starts working a little bit
• 29:31
  better than countries under a Fiat standard.
• 29:33
  And then what's they're going to, what's their excuse going to
• 29:35
  be then? Listen, I think living on a
• 29:38
  Bitcoin standard makes everyone's life better, right?
• 29:41
  It makes your life better. It makes the people's, a people
• 29:45
  around you's life better. And the reason for that is an
• 29:48
  aligned incentive structure model.
• 29:50
  And the Fiat system is a misaligned incentive structure
• 29:54
  model. So I think it's as simple as
• 29:55
  that. I don't think it's rocket
• 29:57
  science, and I think the container's benefit from telling
• 30:01
  us that Fiat is a lot more money is a lot more complicated than
• 30:04
  it should be. Anyways, ladies and gentlemen,
• 30:07
  let's get to the news. We have a lot to talk about.
• 30:08
  Let's check it out. Here we go.
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• 32:07
  All right ladies and gentlemen, you want to make it over the
• 32:10
  finish line with your generation of wealth and you got to
• 32:13
  properly secure your seed words. But you also need yourself.
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  wallet. Remember guys, not your keys,
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  not your cheese. All right, ladies and gentlemen,
• 32:39
  so I do want to talk about this because it seems like this meme
• 32:42
  has caught on and here's Michael Sealer trolling a little bit.
• 32:48
  The price of Bitcoin is still less than a .05 million, which
• 32:54
  is absolutely hilarious. We're not even saying anymore
• 32:57
  because, like, bro, OK, listen guys, three years ago, if you
• 32:59
  would have told me that the price there, you know, or what
• 33:02
  in 2017, like when I got in 2016, the price of Bitcoin would
• 33:05
  be a 48,790, I would be like, no, bro, like, you're lying.
• 33:10
  That's impossible. And it just like, it's just
• 33:13
  hilarious. And like here's a here's
• 33:15
  documenting Bitcoin, how Sailor looks at the Bitcoin price.
• 33:19
  It's going up forever. Here's Samsung Mal, which
• 33:22
  created that meme. Says my man, my man.
• 33:25
  Here's the Bitcoin therapist, bro.
• 33:27
  MicroStrategy is pumping. Joe Burnett says.
• 33:31
  Totally incredible. Yeah, just bitcoiners are just
• 33:35
  dropping hot fire and the memes Walker.
• 33:38
  There is no second best. I mean I want some more of that
• 33:41
  Michael Sale, he was so pumped. I think that's when the price
• 33:43
  was pumping when he was saying all that stuff.
• 33:45
  Anyway, so I do want to cover today's topic and then we're
• 33:48
  going to pass it on, we're going to pass it, pass it between the
• 33:51
  panel and just have this conversation.
• 33:53
  But I went, I ran into this thread by Charles Edwards and he
• 33:58
  had some interesting takes and he comes to the conclusion that
• 34:02
  he's looking at a $280,000 Bitcoin next year.
• 34:06
  So let's take a look at some of his logic, how he got to this
• 34:09
  point. But I just want to specify,
• 34:11
  guys, if you guys are looking for a channel that speculates on
• 34:15
  the price of Bitcoin, this channel is not the one for you.
• 34:17
  We usually talk about Bitcoin news, culture, adoption, all of
• 34:21
  that stuff. But every once in a while, you
• 34:24
  know, if we run into notable, you know, speculations from
• 34:28
  interesting people, we do like to talk about it.
• 34:30
  We do like to break it down, right?
• 34:33
  So, you know, if sailors throwing out a prediction or at
• 34:35
  a back, we'll talk about it every once in a while.
• 34:38
  So anyways, all that being said, here's Charles Edwards and he
• 34:42
  says if bitcoins post having returns are the same as 2020, we
• 34:47
  are looking at a 280,000 Bitcoin next year.
• 34:51
  You might reasonably argue this cycles returns are less than
• 34:54
  2020. However, I believe the 2020
• 34:57
  cycle performance was mediocre and an outlier.
• 35:00
  By the way, For the record, I completely agree with this.
• 35:03
  And the reason that I agree with this is something that I've said
• 35:06
  for many, many months now. Before I ran into this thread
• 35:09
  was the infamous China ban, right?
• 35:12
  And I believe that really cut the last cycle in half.
• 35:17
  So I really think that we were meant to hit 100K last cycle.
• 35:21
  But if you take a look at the Bitcoin hash rate and also the
• 35:25
  price of Bitcoin, the Bitcoin hash rate dumped and the price
• 35:29
  of Bitcoin followed and it makes sense because all of those
• 35:32
  miners had to sell their mining equipment, had to sell Bitcoin
• 35:37
  to relocate to more favorable jurisdictions.
• 35:40
  Now the CCP could only pull that trigger once the hash rate has
• 35:44
  since recovered. But you know, we did take quite
• 35:48
  a, you know, I I think I think they might have done it on
• 35:51
  purpose actually, too. Like, do you think it's a
• 35:54
  coincidence that they banned Bitcoin mining on the run up of
• 35:57
  the last bull market? I think they're trying to attack
• 35:59
  the price to be perfectly frank. So and here is Mr. Edwards
• 36:05
  pointing out the same thing, Bitcoin mining network cut in
• 36:08
  half by China ban and then the second cycle peak.
• 36:12
  I think the SEC, I think I don't agree with him on the second one
• 36:15
  but most aggressive feds tightening cycle in history
• 36:18
  begins. I don't believe that that's the
• 36:21
  reason I think that this run up had so much momentum that it was
• 36:26
  able to kind of peak twice, right.
• 36:29
  But I think that this was just meant to go up just like every
• 36:32
  other previous cycle. The other the only kind of
• 36:35
  unknown variable was the China ban.
• 36:38
  Guys, don't trust me, verify for yourself.
• 36:41
  Take a look at Bitcoin price and Bitcoin hash rate and you'll
• 36:45
  literally see the hash rate drop off in the middle of the last
• 36:50
  Bitcoin bull market run up. So I really believe that that
• 36:53
  played a huge role as why you know a lot of people were blue
• 36:57
  balled so to speak on the last cycle run up.
• 37:00
  Anyways it goes on to say 2020 was the worst Bitcoin bull
• 37:03
  market in history. I believe overall performance
• 37:07
  was pinned down due to the 50% destruction of mining network by
• 37:11
  China and the most aggressive Fed tightening cycle in history.
• 37:15
  These were two massive stagnating forces on Bitcoin,
• 37:18
  the magnitudes of which we are highly unlikely to see again in
• 37:22
  the next two years. It goes on to say.
• 37:26
  In fact, 2024 marks the polar opposite of to 2021.
• 37:31
  QE has resumed and the Fed has started easing. the Fed chair
• 37:35
  Powell expecting three cuts this year.
• 37:39
  A weakened dollar equals a stronger Bitcoin, it goes on to
• 37:42
  say. Further.
• 37:43
  I consider the January Bitcoin ETF launches as powerful as as a
• 37:49
  second having. When the Gold ETF launched in
• 37:52
  2020, In 2004, the gold market cap was four times bigger than
• 37:57
  bitcoins is today. With a market cap of around 3.3
• 38:01
  trillion, Gold commenced A parabolic rise of over 300% to
• 38:06
  13 trillion in under seven years.
• 38:10
  Bitcoins market cap today is just over 800 billion.
• 38:14
  Smaller assets are generally capable of experiencing larger
• 38:18
  upside returns. This means a 300% appreciation
• 38:23
  from the ETF alone would probably be very conservative
• 38:26
  for Bitcoin, and all markets simply move much faster today
• 38:30
  than 20 years ago. Every major technological
• 38:33
  development in the last century has experienced progressively
• 38:36
  faster rates of adoption. Bitcoin is currently growing
• 38:40
  faster than the Internet. The bottom line, a 500% return
• 38:45
  over the 18 months following the halving would not be unusual for
• 38:49
  Bitcoin. Historically, An additional 300%
• 38:52
  return over the next two to five years from the ETFs alone would
• 38:56
  be a conservative assumption. When you drill it down to the to
• 39:01
  two most important factors for Bitcoin this cycle and add them
• 39:04
  together, it's easy to arrive at a conservative Bitcoin price of
• 39:08
  300K in the next couple years. A lot can happen between now and
• 39:12
  then to factor these numbers to to factor these numbers up or
• 39:16
  down. Other data will also become more
• 39:19
  relevant as at different points through time.
• 39:22
  So it's very important to do your own research and treat this
• 39:26
  as one perspective only, not investment advice.
• 39:29
  And I think, you know, the reason I wanted to cover these
• 39:32
  threats today guys is because I truly believe in the, in the
• 39:35
  China ban that it had a major effect in bitcoins price
• 39:40
  potential in in the bull market year of 2021.
• 39:43
  And also I think you know, he hits the nail on the head with
• 39:46
  his various points. I think there's two major
• 39:48
  catalysts that are happening. Catalysts #1 is the spot Bitcoin
• 39:54
  ETF and Catalyst #2 is of course the halving that's coming up and
• 39:59
  historically Bitcoin tends to moon about nine months after the
• 40:04
  halving. Are we going to see that type of
• 40:07
  behavior repeat itself perhaps. I mean bitcoins been it's
• 40:12
  followed the patterns it hasn't broken that.
• 40:14
  The only thing I'm telling you guys, the only thing that
• 40:17
  changed last cycle was the China ban and the halving the the hash
• 40:22
  straight drop the way the way it did.
• 40:25
  But if that's not going to happen this cycle, if the hash
• 40:27
  rate continues to go parabolic, which it has been right, If it
• 40:30
  continues to follow that pattern, if the inflows of the
• 40:34
  ETF continue the way that that they are, the supply getting cut
• 40:38
  in half in April. I mean like all the stars are
• 40:42
  aligning for this epic bull market that we might experience.
• 40:46
  I might be completely overly bullish here, but I mean, that's
• 40:51
  what I'm seeing from my perspective.
• 40:53
  A lot of things could change, right?
• 40:54
  You know, the regulatory hostility could increase.
• 40:57
  You know, a China, you know, an equivalent of a China ban could
• 41:00
  happen potentially in the US. So I'm not saying it's 100%
• 41:04
  certainty. No one knows where the price of
• 41:06
  Bitcoin is. I don't care who you are.
• 41:08
  If they're telling you that they know where the price of Bitcoin
• 41:11
  is is going to be tomorrow, they're 100% lying to you.
• 41:14
  But I mean, I I don't know, bro. I I saw that thread and I I it
• 41:19
  sounded pretty logical to me. I don't know.
• 41:21
  What do you think? What do you think, Tatum?
• 41:24
  I think another another factor for the last cycle that is
• 41:29
  somewhat overlooked was the whole FTX debacle because that
• 41:33
  was a lot bigger than people really actually thought it was
• 41:37
  with an extreme amount of fake Bitcoin and also literal price
• 41:44
  suppression to keep Bitcoin low. Like the the the leverage that
• 41:50
  was involved in FTX was crazily dunking the price more than we
• 41:57
  could have thought of. But when you're looking at hash
• 42:00
  rate, I definitely think that as of right now, as of a couple
• 42:04
  months ago, honestly it's a race to get the most Bitcoin you can
• 42:09
  in a 10 minute time period. Because if you look at the
• 42:12
  mimple chart of the hash rate over the past couple of years,
• 42:17
  hell if you look at it from all time, you can see the China ban,
• 42:20
  it dips like crazy and then immediately shoots right back up
• 42:24
  and continues to go parabolic. We're now at what like 600 XA
• 42:29
  hash globally or something like that.
• 42:32
  And it unfortunately as much as I want the having to be on April
• 42:37
  20th, April 20th, I do not think it will be because look at
• 42:41
  difficulty adjustments. Difficulty adjustments have been
• 42:44
  insane. I think there was one -1 in the
• 42:48
  past couple epochs, everything else has been positive.
• 42:52
  Sometimes scraping double digit percent increases and right now
• 42:57
  I think we're even looking at like a 7 to 8% increase meaning
• 43:01
  that more people are turning on minors, blocks are easier to
• 43:05
  find, difficulty has to adjust and we're going to, we're going
• 43:09
  to get to the halving a little earlier than we anticipate
• 43:12
  because people, especially institutions especially plebs
• 43:16
  honestly are wanting to get the most Bitcoin that they can
• 43:20
  because their machines are going to keep doing the same amount of
• 43:22
  work for half the reward. And I mean what's the price
• 43:27
  going to do after that? You're you're looking at supply
• 43:31
  and demand at that point. You know, people are demanding
• 43:34
  more Bitcoin. People are turning on a six.
• 43:37
  Whether they're demanding it over a a exchange table or
• 43:41
  they're demanding it via mining it, or however it may be you're
• 43:47
  you're we're we're getting closer and closer to the supply
• 43:50
  shock, especially with the daily production being far less than
• 43:54
  what the ETFs are demanding right now.
• 43:57
  A. 100% and and it's a really, really good take and I do want
• 44:04
  to show you guys cuz this is something that we keep talking
• 44:09
  about and I just let's show you guys a visualization of the
• 44:13
  signal of a span, right. So here is the Bitcoin hash rate
• 44:21
  and also the total market cap, right?
• 44:25
  So you could see guys, that here the hash rate is the dark blue
• 44:29
  line for audio listeners, right? It was at I can't read that
• 44:34
  'cause there's AQ at the end. I don't even know what that
• 44:35
  means. But literally it literally you
• 44:39
  see the market cap fall off a Cliff as the hash rate falls off
• 44:44
  a Cliff. Of course it recovered.
• 44:46
  It recovered in a decentralized fashion without no central party
• 44:50
  dictating those miners to plug themselves back in.
• 44:53
  It was the mere of Bitcoin's mere incentives alone.
• 44:56
  And of course it's just gone parabolic after that, which is
• 44:58
  extremely bullish. But guys, I think this was, this
• 45:01
  played a huge role, huge role on why we didn't see 100K Bitcoin
• 45:06
  in 2021. Now Tatum said something really
• 45:09
  interesting about the supply shock and I saw a really
• 45:11
  interesting comment and I wanted to talk about that.
• 45:14
  Matthew Jay said gobble gobble gold doubled in mining
• 45:19
  production after ETF Bitcoin will have.
• 45:23
  And that's a really good point because that's something to keep
• 45:25
  in mind, ladies and gentlemen, right when people compare
• 45:29
  Bitcoin to gold, something that you have to remember that gold
• 45:33
  when the price of gold goes up, the production of gold goes up
• 45:37
  with it. But even if the price of Bitcoin
• 45:40
  goes up, the production not only stays the same, right?
• 45:44
  Roughly 900 Bitcoin per day, it actually is going to get cut in
• 45:47
  half in April, right? No matter what, no matter what
• 45:50
  the price does. So I completely agree with
• 45:53
  Tatum. I think that there's an
• 45:54
  impending supply shock guaranteed, and I don't think
• 45:58
  we've ever seen something like that in human history.
• 46:01
  So I'm extremely bullish. Anyways, Opti, what's your take
• 46:04
  on all this? Yeah.
• 46:06
  So I am glad you brought this up, Nico, because I I think in
• 46:10
  in private we've had this conversation where we're just
• 46:13
  wondering what what's going to happen this bull run.
• 46:15
  And I don't have any data or anything, but I just felt it
• 46:18
  deep in my plums that this was going to be roughly around the
• 46:22
  price range. Like that's kind of what I've
• 46:23
  been thinking for this next bull run, especially considering like
• 46:27
  everything we talked about, you know, the China ban, the FTX
• 46:29
  money printer, rather paper, Bitcoin, all these had a factor
• 46:34
  in last bull run. And now we do have a different
• 46:37
  playing field with basically Wall Street having a full green
• 46:41
  light. We're seeing every corporate
• 46:43
  press talking head talking about Bitcoin, Bitcoin popping up in
• 46:46
  popular culture. So I think, you know I got in
• 46:49
  Bitcoin in 2017 and I remember the FOMO going around in just
• 46:55
  everyday normie conversations. And I think this next run, once
• 46:59
  it really gets into the deep stages of the last leg of the
• 47:02
  bull run, I think we're going to be seeing a an incredible amount
• 47:06
  of of fervor and FOMO going on. And I really do think that you
• 47:11
  know even though I'm I'm like trying not to be too bull tarted
• 47:14
  and too bullish like I really do feel that that 200K speculative
• 47:19
  price might even be conservative.
• 47:21
  So like I think that we are definitely going into the six
• 47:26
  figure range. And I again I don't have any
• 47:28
  data for this. I just kind of like that's kind
• 47:30
  of where my head was at since we started moving up after like the
• 47:34
  25 K range. I'm like this, this round we're
• 47:37
  going to the 200 K's. I just know it.
• 47:39
  I'm like we're going to hit like 300K.
• 47:41
  But what do I know? You know, like everyone saying
• 47:43
  in the chat and shout out to Make Love and because I say this
• 47:46
  all the time like we are in hungry hippo mode, guys, this is
• 47:49
  the game. If you guys are old like me, you
• 47:51
  know millennials, you remember playing hungry hippo.
• 47:54
  And the point of the game is to accumulate as much Bitcoin as
• 47:58
  possible. In my opinion, Bitcoin is
• 48:00
  valuable. Even if it was at a dollar, it's
• 48:03
  extremely valuable because it's finally a money that cannot be
• 48:07
  the base, that is censorship resistant, that you don't need
• 48:11
  someone permission to use, that you can send around the world
• 48:13
  literally instantly. And there is no middleman.
• 48:16
  And to me that is worth way more than the price it is today.
• 48:21
  So yes, we like to speculate, yes, all bitcoiners like to, you
• 48:24
  know, count their chickens before the eggs hatch.
• 48:27
  But I really do feel like this bull run is going to surprise a
• 48:30
  lot of people. And you guys know me, I've been
• 48:32
  saying on the show for a while, I'm not really a believer in the
• 48:35
  diminishing returns meme, even though, look, I can be wrong,
• 48:39
  but I just, I fundamentally think that that is is incorrect.
• 48:43
  We are adopting a new technology here, a better technology than
• 48:48
  the money technology we have currently and I think few people
• 48:51
  understand what that really means.
• 48:53
  And everyone in the chat, and everyone that is a Bitcoin bull.
• 48:56
  Everyone that is accumulating Bitcoin understands what they
• 49:00
  hold. I haven't looked at the glass
• 49:02
  node numbers recently, but remember, 70 to 80% of all
• 49:06
  Bitcoin in circulation is being huddled by people that know what
• 49:09
  they're holding. So there's only a small amount
• 49:12
  of Bitcoin on exchanges, and we know that traders basically move
• 49:16
  the price on the margin. There's very few Bitcoin that
• 49:19
  get traded and they will have to basically take Bitcoin to the
• 49:24
  moon to incentivize you to drop some Bitcoin or sell it for
• 49:28
  assets and things that you want to do.
• 49:30
  So right now is a time where you prepare your cold storage, you
• 49:34
  prepare yourself mentally and you do your best to make it
• 49:37
  through the auto buyout zone. I I fundamentally believe and
• 49:40
  again I don't have data for this.
• 49:41
  It's just a a feeling in my gut you know can can a brother just
• 49:45
  know things here and there that I think we're going to the 200 K
• 49:48
  range as well. Again, you know, Niko likes to
• 49:50
  say we don't like to speculate on the channel, but all life is
• 49:52
  speculation. And I I just, I think this next
• 49:55
  bull run is going to be absolutely crazy and I'm trying
• 49:58
  to mentally prepare myself. So I don't just absolutely lose
• 50:02
  my mind. But I I think that is a very
• 50:05
  generous and conservative view of where the price is going.
• 50:09
  I I think we just don't understand what's fundamentally
• 50:12
  going to happen in the next 18 months after the having.
• 50:14
  Nico said nothing opti's. Dropping Wait, wait wait wait,
• 50:18
  wait Hold on, hold on, hold on. Opti's opinions are not a
• 50:21
  reflection of simply been going. Anyways, Tatum, what's your
• 50:27
  take, man? Do you agree?
• 50:30
  You know, Do you agree? Since Opti already is dropping,
• 50:32
  dropping, dropping numbers? What's your take on this?
• 50:36
  What? What's your take on the thread?
• 50:37
  Do you think it's sound? The guy's Mr. Edwards logic?
• 50:42
  Do you think it's overly optimistic?
• 50:44
  Do you believe in the diminishing returns theory?
• 50:47
  What's your take on all this? Well, I have quickly learned in
• 50:53
  my journey through Bitcoin that I am wrong anytime I predict a
• 50:58
  number. So I honestly don't know how
• 51:02
  close I think that that that number falls, but I definitely
• 51:06
  think that we're going to go parabolic, we're going to melt
• 51:09
  faces. This cycle is different.
• 51:11
  People keep saying that, but like it is very, very different.
• 51:16
  Like it, it going into this cycle is aged, like just
• 51:25
  magnitudes different than the previous one in the best ways
• 51:29
  possible. I think that we're about to see
• 51:32
  ridiculous face melting on the negative side as far as the US
• 51:37
  dollar. I think we're about to see
• 51:40
  ridiculous face melting on the positive side as far as bitcoins
• 51:44
  price, because everything's lining up.
• 51:46
  Wall Street has green light, miners are becoming more
• 51:50
  efficient, more prominent, they're more home miners,
• 51:53
  they're more institutional miners like mining.
• 51:55
  It is just going parabolic as it is already.
• 51:59
  And you know, I don't doubt that we will see, we will see mid
• 52:05
  range 6 figures at the top of this cycle just because you
• 52:10
  know, like Opti said, you got to feel it in your plums.
• 52:14
  Yesterday Bitcoin hit 50K while I was in the bathroom and I got
• 52:21
  to go again. All right, so listen, just
• 52:24
  prepare yourself with that. This is not financial advice,
• 52:27
  but follow for more trading tips AKA just me telling you what I
• 52:30
  got to take a shit. So.
• 52:32
  Wait, wait, wait. Can I pop in here?
• 52:34
  I didn't even touch on Yo. If they turn on the money
• 52:36
  printer, let's accelerate the Bitcoin price.
• 52:39
  We're going to the moon. Oh.
• 52:41
  Man, it is party's over for. Party's over for the central
• 52:47
  bankers. Anyways, I do want to give a
• 52:49
  shout out to our sponsor. Of course we would.
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  peel that certain person. All right, everybody, let's get
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  to the culture and talk to Tatum.
• 53:36
  Let's do it. Here we go.
• 53:40
  The Daily Culture. All right, before we get to the
• 53:49
  culture, I do want to give a shout out to our sponsor, Cabin
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  Scan the QR code on your screen. All right, everybody, let's talk
• 54:22
  to Tatum. So guys, you know Tatum's a
• 54:26
  comedic genius and I'm saying genius very liberally here but
• 54:31
  before we get before we're not going to get too too comedic and
• 54:34
  and and you know talk talk funny stuff today.
• 54:38
  But before we get into geeking out on mining, guys rate Tatum
• 54:42
  set up in the chat right now. You guys can see it on the
• 54:45
  screen. Anyways.
• 54:46
  Tatum, like I was saying when we were in Vegas, you, you were
• 54:49
  lamenting about the fact that everyone just thinks that you're
• 54:53
  you're a comedian and no one ever wants to take you seriously
• 54:55
  and you really want to talk about mining.
• 54:57
  And so let's just geek out on mining for a little bit.
• 55:00
  So what's your thoughts actually, how about you said
• 55:04
  something about the efficiency of new miners and some new A6
• 55:08
  coming out. So let's start with let's start
• 55:09
  with the new A6 about to be dropped.
• 55:12
  And what's your thoughts on all that stuff?
• 55:15
  So yeah, a six are getting crazy.
• 55:20
  We have seen the the two main manufacturers, micro BTU with
• 55:26
  what's miner and bit made with Ant miners.
• 55:30
  Ant miners have released the a miner S 21 has come out with a
• 55:35
  sub 20 Joubert air hash efficiency, which is in layman
• 55:40
  terms. That's insane.
• 55:42
  We've never seen that before on a stock machine.
• 55:45
  Same with the M60 I believe with the with what's minor, both are
• 55:49
  boasting like 8. I want to say between 17 and and
• 55:53
  19 Joules per Tera hash. Which again, it's just
• 55:56
  absolutely nuts. But of course if you know
• 56:01
  anything about bit main machines, you remember the XP
• 56:04
  launch. Oh, I was so happy for the XPS
• 56:09
  and then I hated them with everything in my being.
• 56:12
  So we'll see how those turn out. A lot of design flaws that were
• 56:16
  trying to cut cost at a very like it.
• 56:20
  It wasn't worth it in my opinion.
• 56:21
  They had a lot of potential. We are seeing with the S 20
• 56:25
  ones, they're similar in similar but different in in structure as
• 56:32
  the XPS. However you're you're looking at
• 56:36
  shoot I forget what an S 21 sticker hash rate is.
• 56:38
  I think close to close to 180. I want to say I could be
• 56:42
  completely wrong there, but it it's going to be a game changer
• 56:46
  if these things actually work. I also have taken a new stance
• 56:49
  on mining as a whole. I am a super immersion bear in a
• 56:56
  super hydro cooled bull and we're very far from hydro
• 57:00
  cooling being norm. But wait, Wait wait wait.
• 57:03
  Tatum, can you can you break that down for people that don't
• 57:06
  know what you're talking about? What's the difference?
• 57:08
  So your your basic, you're you're like normal minor that
• 57:13
  you see is usually going to be air cooled.
• 57:14
  It's the one that goes wee and it's it's cooled by the air
• 57:17
  through fans. Immersion is when you There's
• 57:21
  some miners that are built for immersion but you can take the
• 57:23
  fans off of an ASIC and dip it into mineral oil there there's
• 57:28
  different oils that are specific to Bitcoin mining that basically
• 57:32
  cools it easier and you can over clock it a little safer.
• 57:35
  However, I hate that now. I hate it so much.
• 57:38
  It's a big stupid gimmick in my opinion.
• 57:42
  If it works for you, awesome cool.
• 57:44
  I don't want anything to do with that.
• 57:46
  Hydro cooling is there there you can't really.
• 57:50
  You can convert an an air cooled miner into hydro cooling with
• 57:54
  some aftermarket heat sink blocks.
• 57:57
  Not the best way to go about it, but I know that what's minor,
• 58:01
  both Ant minors and what's minors have hydro cooling
• 58:05
  specific ones. But I think that what's minor
• 58:09
  hydrocooled is going to be insane.
• 58:12
  It's a huge game changer. There's a company and I cannot
• 58:15
  remember the name, but they're actually partnering with what's
• 58:19
  minor to they're basically making these racks that you can
• 58:24
  put these hydrocooled machines in and it turns into a hot water
• 58:28
  heater that also mines Bitcoin. And I think that that's going to
• 58:32
  play a big part in, in the next, in the next run up of machines
• 58:38
  that we see after we kind of get a cool down from these new air
• 58:42
  cooled machines. I think that hydro cooling is
• 58:45
  the future and I think that there's going to be more
• 58:46
  innovation to make those more accessible because right now
• 58:49
  it's not for the everyday miner, but we'll see what happens.
• 58:54
  I'm I'm super excited. I am still bullish.
• 58:57
  As much as I hate bit made at this point in my life, I am
• 59:01
  bullish on mining and I have some crazy predictions that I
• 59:05
  don't know if they're at all any anywhere close to accurate, but
• 59:10
  we'll see what happens, man. Love it.
• 59:12
  OK also you are wait I don't know if you dropped it already
• 59:16
  or you're about to drop a between 2 nodes with Denver
• 59:19
  Bitcoin and and you wanted or you you gave me like a no and I
• 59:23
  actually want to ask you about the the efficiency and longevity
• 59:27
  of a six. Do you think they're going to
• 59:29
  have quick turnarounds or S 9 still going to be profitable
• 59:32
  after the halving? What's going on here, Tatum?
• 59:36
  Everyone needs to turn on an S9AS ASAP as possible.
• 59:39
  As I like to say the I'm working on I haven't dropped the episode
• 59:44
  yet. I'm I'm hopefully going to do
• 59:45
  that this week. I had some stuff come up and I
• 59:48
  couldn't get it pushed out but had a great discussion with Adam
• 59:52
  O from Upstream Data at Denver Bitcoin.
• 59:57
  If you want to look on X, he has some great insights and we kind
• 1:00:02
  of accidentally figured out that we nerd out on similar parts of
• 1:00:06
  mining such as like efficiency and value of a six.
• 1:00:10
  That push against metrics as far as like your basic efficiency as
• 1:00:15
  far as joules per terahash versus the revenue, meaning the
• 1:00:19
  price of Bitcoin over the course of a certain amount of blocks
• 1:00:22
  versus capital allocation to purchase these machines.
• 1:00:25
  Because the same machines that cost $14,000 whenever Bitcoin
• 1:00:31
  was hitting all time highs are now going for sub $1000 and
• 1:00:37
  there's a lot to to that goes into what you might find
• 1:00:41
  valuable in an ASIC minor. But the main thing that I'm
• 1:00:45
  focusing on is what was the value at this point in time.
• 1:00:50
  I'm going to work on charting data of like when it comes out
• 1:00:53
  to present day, because even S nines based on the capital
• 1:00:58
  allocation that you have to have to buy an S 9, which is nothing,
• 1:01:03
  those things are still going to be valuable to some people,
• 1:01:06
  especially the fact that those are still 110 and you don't have
• 1:01:09
  to get a special power set up for that.
• 1:01:11
  And S 9 is always going to be valuable to me and XP and S 19,
• 1:01:15
  XP not going to be too valuable for me personally.
• 1:01:19
  They're relatively expensive. They end up being just terrible
• 1:01:22
  hardware. But then also the efficiency is
• 1:01:27
  not as good as some of the other ones boast now, including going
• 1:01:31
  into the what's spider market as well.
• 1:01:33
  So I think that you're going to see what I, what I think is
• 1:01:38
  going to happen at the halving is I think that the acic market
• 1:01:41
  is going to become a lot more liquid.
• 1:01:43
  And meaning that I think that there's going to be a lot of
• 1:01:45
  cheap ASICS coming up because I think that some miners are going
• 1:01:49
  to be capitulating, not not capitulating, but liquidating
• 1:01:52
  some of their assets. As far as acic miners onto the
• 1:01:56
  market, which psychopaths and plebs like me are going to scoop
• 1:02:01
  up as much as they can because give it a couple months after
• 1:02:05
  the halving. I think every miner that is
• 1:02:08
  currently running right now that has a close margin of
• 1:02:12
  profitability talking about maybe like S 19 JS onward, those
• 1:02:18
  are all going to be easily profitable in, in the next
• 1:02:21
  couple of months after the having.
• 1:02:23
  So that's my big prediction. Don't buy ASICS blindly.
• 1:02:28
  I will say that I I say that everyone needs to have an ASIC
• 1:02:31
  and everyone needs to play around with it.
• 1:02:33
  But if you're doing it for the wrong reasons, IEI, plug it in.
• 1:02:37
  I get money. Don't do that.
• 1:02:40
  Definitely get one for cheap, even if it's a a like an S7 or
• 1:02:45
  something like that off eBay for like 40 bucks.
• 1:02:47
  Just to tinker around with it like you're going to know.
• 1:02:50
  Learn everything that you need to just by playing around with
• 1:02:53
  some paperweight model, and then you're going to end up figuring
• 1:02:59
  out how to get 240 Volt power in your apartment.
• 1:03:03
  Let's double down. What?
• 1:03:05
  What are some more halving predictions?
• 1:03:06
  What? What do you?
• 1:03:07
  What do you? Think will happen I have I have
• 1:03:08
  a question before. Oh, OK.
• 1:03:10
  I have a question. Update usually interrupts me,
• 1:03:11
  but I'm interrupting him this time.
• 1:03:13
  That's so, cap. Boom, boom.
• 1:03:16
  OK, dude, the halving's coming up.
• 1:03:18
  People are going to be mining half as much Bitcoin.
• 1:03:22
  That's going to be painful for plug miners.
• 1:03:24
  That's going to be painful for, you know, the average Joe.
• 1:03:27
  That's going to be painful for everyone unless the price kind
• 1:03:31
  of runs up, isn't it? Yeah.
• 1:03:34
  And I think that we are going to see a a dip because some of
• 1:03:38
  these, I would venture to say completely speculative.
• 1:03:41
  I think that a lot of miners right now are about to
• 1:03:43
  experience their first having as miners because I mean even last.
• 1:03:48
  Like I I wasn't even a minor last cycle and unfortunately I
• 1:03:53
  just did a swan dive into the industry which has.
• 1:03:57
  Destroyed my is there? Is there a video of that?
• 1:04:02
  Yeah, I, you know, the the duck cannonballing into coins.
• 1:04:06
  I did that. But with a bunch of ace of
• 1:04:07
  miners. It hurt really badly.
• 1:04:10
  You're. Not the only one.
• 1:04:11
  So many, so many horror stories from friends saying the same
• 1:04:14
  thing. But I think that it is going to
• 1:04:18
  hurt for a little while unless you're doing it for the right
• 1:04:21
  reasons and you also know what to expect.
• 1:04:23
  When I say doing it for the right reasons, I'm not saying
• 1:04:25
  like if you're mining for profit, you're doing it for the
• 1:04:29
  wrong reasons, but I'm going to still be mining because I value
• 1:04:33
  KYC free sets. I don't pay for electricity yet.
• 1:04:37
  My apartment is catching on to that and also I have conviction
• 1:04:43
  on what the price will do. There's going to be some
• 1:04:45
  bleeding. Not to a point where I'm like,
• 1:04:47
  Nope, no more mining, but it's going to 100% pay off in my
• 1:04:53
  opinion because the price is going to be there you go.
• 1:04:56
  The price is going to be ridiculously high and make
• 1:05:00
  miners very profitable that. We see.
• 1:05:04
  Kind of unprofitable right now, dude.
• 1:05:08
  That's so funny. Yeah I I did.
• 1:05:11
  I did check. I was like I was like dude is
• 1:05:14
  there is there some hidden cost in my rib that is variable to
• 1:05:18
  electricity? And I checked and checked I was
• 1:05:20
  like I don't think so bro. I was plugging in every single
• 1:05:24
  110 Volt miner that I had in my collection.
• 1:05:26
  I I plugged in AV9V9 is like 4 Tera hash.
• 1:05:29
  I just did because I could. Dude, that's hilarious.
• 1:05:33
  That's hilarious. All right, I I want to kind of
• 1:05:36
  put you on the spot, Tatum. When we were in Vegas, the ocean
• 1:05:40
  mining pool was just announced. Are you still a fit filter?
• 1:05:44
  Wait, what's the meme? I I forget what they're.
• 1:05:47
  Fix the filters. Yeah, yeah, fix the Are you
• 1:05:49
  still a hashtag? Fix the filters guy or what's
• 1:05:51
  going on? So with the Ocean Ocean Pool, I
• 1:05:57
  think that they did two things that are unrelated.
• 1:06:00
  I think that they showed what you can do to decentralize
• 1:06:05
  mining before we get reached mass shred MV2 optimization and
• 1:06:11
  adoption. But two, filtering and those are
• 1:06:16
  completely unrelated. Whether you want to filter or
• 1:06:19
  not, that's up to you. What I really think is the
• 1:06:23
  bigger part for me is that this pool no is basically it's a it's
• 1:06:33
  like imagine I I gave the analogy like imagine you're at a
• 1:06:36
  party and there's all these cliques of like jocks and suits
• 1:06:40
  and pretty boys and and they'll let you come in and you know
• 1:06:44
  hang out with them. They won't acknowledge you
• 1:06:46
  they'll they'll kind of make fun of you a little bit too but you
• 1:06:51
  choose to be there because it makes you feel good.
• 1:06:54
  That's Ant pool that's found, That's boundary that you can't
• 1:06:56
  go with boundary, but that's F2 pool.
• 1:06:59
  That's the that are mainly pointing at institutional
• 1:07:04
  minors. They getting the good rates when
• 1:07:08
  they are pushing off everything to the plebs.
• 1:07:11
  Then some guy walks in Luke, Dash junior and was like, hey,
• 1:07:15
  y'all want to party over here and you're like, yeah, why not?
• 1:07:19
  Let's go over there And then you see another guy from a different
• 1:07:23
  clique do the same thing. It's like, Oh yeah, let's go
• 1:07:25
  party with Luke and then another guy and then another guy and
• 1:07:28
  another guy and they're all just like having fun because they are
• 1:07:33
  in the group that wants them there, their their pleb pleb
• 1:07:37
  pool and there's going to be institutional mining with Ocean.
• 1:07:43
  But they are structured to where you're not getting gypped on
• 1:07:50
  other fees that are going behind, under the table, out of
• 1:07:53
  band stuff like that. It's like, Oh yeah, we can do
• 1:07:56
  some out of band stuff and create these templates and and
• 1:07:59
  things like that, but we won't. We'll just anyone who just
• 1:08:02
  points their stratum at us, you know it's whatever.
• 1:08:04
  No, you're going to actually end up seeing the block templates
• 1:08:08
  and choosing them yourself like it.
• 1:08:10
  It's not going to be some that that that's one of the worst
• 1:08:13
  things about mining in my opinion is that we talk about
• 1:08:16
  decentralization and unfortunately truth mining is
• 1:08:20
  centralized as hell and I think that this is a good initiative
• 1:08:25
  forward to decentralizing it. I think the Stratum V2 is going
• 1:08:28
  to further decentralize that and I think that both of them will
• 1:08:31
  be able to collaborate. This pull structure and Stratum
• 1:08:34
  V2 are going to be able to collaborate in, in tandem to
• 1:08:39
  basically bring back decentralized mining and make
• 1:08:42
  pleb mining a thing again. Because right now pleb mining is
• 1:08:45
  not a thing. I hate to say it because I am a
• 1:08:49
  pleb miner, but pleb mining is just not pretty right now.
• 1:08:54
  So we'll, I think that we're going to see that chip turn
• 1:08:56
  around though. Love it.
• 1:08:57
  OK. Tatum, last two sets on mining
• 1:09:00
  before we pivot and we plug your projects and all the things that
• 1:09:04
  you're working on. You know, get a sheet miner from
• 1:09:10
  eBay, whether it works or not, just take it apart, but don't do
• 1:09:14
  it while it's plugged. In wait, don't don't do it from
• 1:09:16
  eBay. Do it from kaboom racks.
• 1:09:18
  Kaboom. Racks.
• 1:09:19
  Kaboom. Racks.
• 1:09:19
  I mean, you're going to get stuff that actually works there
• 1:09:22
  that you can't break. Do you like that little
• 1:09:25
  backhanded plug there? Yeah, there you go.
• 1:09:28
  I love Kaboom Racks. Kaboom Racks have been very nice
• 1:09:30
  to me and they always have some really great deals going on.
• 1:09:35
  And yeah, I've jeez, I spent a lot of money.
• 1:09:39
  We could boom, race. I don't wanna think that.
• 1:09:41
  Let's move on now all. Right.
• 1:09:43
  All right. All right.
• 1:09:44
  Well, Tatum, everyone knows you for your comedy, for your
• 1:09:48
  YouTube videos. I honestly didn't know there was
• 1:09:52
  a difference between between 2 nodes and between 2 ASICS.
• 1:09:55
  So maybe tell me the difference and then plug everything you're
• 1:09:59
  working on and and then also putting you on the spot, are you
• 1:10:03
  rug pulling the simply Bitcoin between 2 ASICS?
• 1:10:06
  Or what? No, no, no, no.
• 1:10:09
  First of all, turns out a lot of people didn't know that two
• 1:10:12
  nodes and two ASICS was a different thing.
• 1:10:14
  I thought that I did better with that.
• 1:10:16
  That's my fault. But no, Between 2 ASICS is the
• 1:10:19
  original stuff that I've been doing.
• 1:10:21
  The silly goofy between 2 ferns spin off in person.
• 1:10:26
  You know short form between 2 nodes.
• 1:10:29
  If you if you're in the between 2A6 lore, you remember that I
• 1:10:34
  it's not a podcast. That's from episode three with
• 1:10:37
  BTC sessions between 2 nodes is a podcast all right.
• 1:10:41
  Hey everyone settle down. Do not come at me with any
• 1:10:45
  accusations, but no between 2 nodes is kind of like the longer
• 1:10:49
  form, more serious stuff. I have three episodes out right
• 1:10:52
  now with Jason Meyer, Steven, Luka and then someone else.
• 1:10:59
  Gosh, I can't remember. I always forget the third
• 1:11:01
  person. They're all really good to.
• 1:11:03
  Oh, CK that episode wasn't actually good.
• 1:11:06
  It was my fault, Not his. He's great, but it's that's kind
• 1:11:11
  of what I'm doing. In addition, I'm not stopping
• 1:11:13
  between 286. I'm still doing that.
• 1:11:15
  But between 2 nodes is like some of the guests that I have.
• 1:11:18
  It's like they're they're there for the comedy and stuff like
• 1:11:21
  that. But I do want to talk to them,
• 1:11:24
  like, more seriously in person and kind of hear what they have
• 1:11:28
  to say. Also, there's my Mighty Beans
• 1:11:30
  collection. If you want to watch that video
• 1:11:33
  for some reason. OK, yeah, we don't have to
• 1:11:37
  actually watch it, all right? We can we can, we can pull that
• 1:11:41
  down now. But but yeah, hey, simply
• 1:11:47
  between 2 ASICS is coming. I just have a lot to edit
• 1:11:50
  because that was one hell of an episode.
• 1:11:55
  Might have to pay wall some of it, but.
• 1:11:58
  Sorry, not sorry. No, it was one of the most fun.
• 1:12:02
  It was so fun. Somehow, someway, this is opti's
• 1:12:05
  fault, dude. You'll get it once it ever.
• 1:12:07
  Dropped that was that was like I was like we so Opti and I did
• 1:12:12
  the news desk and like that like burns us out and then Tatum's
• 1:12:17
  like, hey, do you want to do an episode?
• 1:12:19
  I think I had like two brain cells left.
• 1:12:22
  Two brain cells left three energy drinks.
• 1:12:26
  Dude, bro, we we did the, we did the news test for like a couple
• 1:12:29
  hours. I just got off a panel and then
• 1:12:31
  Tatum's like, you want to do an interview?
• 1:12:32
  I was like, Oh yeah, sure. I like, I don't even know if
• 1:12:36
  what we said was PG. Like it wasn't.
• 1:12:38
  It wasn't. I definitely was mature, rated,
• 1:12:44
  mature. I said me and Carl were
• 1:12:48
  reviewing and he was like, how are we going to post?
• 1:12:51
  So it's like we got to find a way because this is awesome but.
• 1:12:56
  This is the content you want. This is the content you want.
• 1:12:58
  All right, so Tatum, what do you have in the works for all the
• 1:13:01
  content you're making for 2024? Are you putting into the
• 1:13:03
  OverDrive? What's going on with you, bro?
• 1:13:06
  Yeah, first of all, I plug my only fans at Tatum turn up.
• 1:13:10
  That's where you can find the episode on.
• 1:13:13
  Just kidding about that. But no, we are.
• 1:13:16
  We're we're kind of redefining 2024.
• 1:13:20
  It's it's game time now. We've had a slow start.
• 1:13:22
  I've spent an entire month in a foreign State Building Bitcoin
• 1:13:28
  mines. So that kind of put a little
• 1:13:29
  damper on things. But more content, more episodes.
• 1:13:33
  I have a huge backlog that I have to to publish because like
• 1:13:37
  some of it, some of it, you're going to see me.
• 1:13:39
  You're going to be like that's not the same person, but still
• 1:13:42
  good quality stuff. I I feel so bad for some of the
• 1:13:44
  guests like Samson. Oh my gosh, I've told him I was
• 1:13:47
  going to post this like 3 * a lot more between 2 nodes.
• 1:13:51
  And also I've got a couple of research projects that I'm
• 1:13:55
  publishing out now. I'm working on an essay called
• 1:13:59
  Bitcoin as a Perpetual Motion Machine.
• 1:14:02
  I'm also working on ASIC valuation like I talked about.
• 1:14:06
  And also I'm doing some other little projects like changing
• 1:14:09
  thermal paste on heat sinks to see what that does to efficiency
• 1:14:12
  in ASIC minors. Why?
• 1:14:14
  I don't know. It's fun.
• 1:14:16
  I like taking stuff apart and breaking things.
• 1:14:18
  So yeah, if you want to follow along, follow me on Twitter or X
• 1:14:24
  whatever. At Tatum, turn up at Tatum, turn
• 1:14:27
  up on Noster as well. I also have Just at Tatum on
• 1:14:30
  Noster for my more serious side. You can find both of those who
• 1:14:33
  just look up Tatum or Tatty Weighty or something like that.
• 1:14:36
  Shout out Sir Sleepy. That's all you say you're here
• 1:14:38
  from Taty Waity. Well, here he is, baby.
• 1:14:45
  Oh, man. Well, we love you, Tatum.
• 1:14:47
  Yeah, we love you, bro. Actually, when we'll do it live.
• 1:14:50
  In the show. When you when you drop that
• 1:14:53
  article, come back on and we can talk about it.
• 1:14:55
  Yeah, 100%. When you when you drop the show,
• 1:14:58
  if it if it ever, if it ever releases on the Internet, that
• 1:15:01
  should. We won't play it on simply
• 1:15:04
  Bitcoin. That should make a good
• 1:15:05
  conversation. Honestly, like the editing team
• 1:15:09
  behind that episode is going to look like the NASA, like landing
• 1:15:14
  a Rover on Mars or something like that.
• 1:15:16
  We're going to have to pull out all the stops.
• 1:15:18
  Maybe it's going to be, it's going to be ridiculous, but no,
• 1:15:21
  I'm, I'm super excited. That was such a fun episode.
• 1:15:23
  Oh man, that was funny. And before we go off.
• 1:15:27
  Yeah, before we go off, we literally did it.
• 1:15:29
  And and Carl and Tatum are like cracking up.
• 1:15:33
  And dude, that was so good. And then like, I got me kind of
• 1:15:35
  like Tatum actually. Was this actually really good?
• 1:15:38
  He's like, dude, that was amazing like I was.
• 1:15:40
  Like it was the most unhinged shit that like everything just
• 1:15:44
  like happened. Like there was no scripting
• 1:15:47
  whatsoever. And then it turned out perfect.
• 1:15:49
  No script or filter this is true.
• 1:15:52
  This is. True.
• 1:15:53
  Hey, fix the filters, baby. Fix the hashtag fix.
• 1:15:56
  The filters. Anyways guys, thank you so much
• 1:16:01
  for tuning into another episode of Simply Bitcoin.
• 1:16:04
  If you guys enjoyed the show, you know what to do Smash.
• 1:16:06
  I like but I didn't consider subscribing.
• 1:16:07
  If you feel like we provided you Valium, your host Nico is my Co
• 1:16:11
  host Optimus Fields and very special shout out to our very
• 1:16:14
  special guest Tatum Turn up Tatum.
• 1:16:17
  Thank you so much for joining us on the show today.
• 1:16:19
  We really, really appreciate. It guys my.
• 1:16:20
  Only fans. Hell yeah.
• 1:16:23
  Guys, check out his channel. It's YouTube at Tatum turn up,
• 1:16:27
  you could search in between 2 ASICS.
• 1:16:29
  Incredible content creator Tatum's incredibly funny.
• 1:16:33
  Tatum. Thank you so much for joining us
• 1:16:34
  today. Appreciate it.
• 1:16:35
  Thank. You for having me?
• 1:16:37
  All right guys, you know the deal.
• 1:16:39
  We love you all. We appreciate you guys.
• 1:16:41
  Thank you so much for tuning in. We wouldn't be here without you
• 1:16:43
  all. We'll see you tomorrow,
• 1:16:45
  Wednesday episode and another episode of Simply Bitcoin Live.
• 1:16:49
  And in the afternoon we'll be having a another simply Bitcoin
• 1:16:51
  IRL with Lawrence Leopard, which should make a very interesting
• 1:16:55
  conversation, especially with everything that's going on.
• 1:16:59
  All right guys, love you all. We'll see you tomorrow for
• 1:17:01
  banning episode of Simply Bitcoin Live.