Latest / Simply Bitcoin / This CONFIRMS The Bitcoin Supply SHOCK Is Accelerating! | EP 1307

Transcript

This CONFIRMS The Bitcoin Supply SHOCK Is Accelerating! | EP 1307 · Simply Bitcoin

0:00
Harvard University announced a huge $100 million Bitcoin buy,
0:05
but they're not the only university buying millions of
0:08
dollars of Bitcoin. But before we talk about the
0:10
other universities buying, 'cause they're not alone,
0:13
literally minutes ago we got confirmation from David Bailey's
0:17
new Nakamoto company that they're going to buy nearly a
0:20
billion dollars of Bitcoin tomorrow.
0:23
The real question here is just how many companies and
0:26
institutions can buy this amount of Bitcoin with the price only
0:30
sitting around 120 K And there's a bunch of news coming out of
0:34
the corporate treasuries as well.
0:36
It seems like I you know me. I don't like the supply shock
0:39
meme, but it does seem like the capital flowing into Bitcoin is
0:42
getting out of hand and of course, we have Sophie filling
0:45
in with us Internet Sophie, our new simply Bitcoin sensation on
0:49
the channel filling in with us today.
0:51
So let me just dive straight into this.
0:53
So First off, guys, as I said, we have Harvard, their endowment
0:58
just bought $116 million of the I bit ETF, BlackRock Bitcoin
1:04
ETF. So it's not spot Bitcoin, but
1:06
there is some interesting news around just the significance of
1:10
Harvard buying this ETF. And of course this is a huge
1:13
position here. I'm over here on the SEC filing
1:16
and you can see their. Total shares here.
1:19
So they bought. $116,666,250 of the I Bit shares which is
1:27
roughly 1.9 million shares of the I bit.
1:30
But looking at this their their portfolio here there is some
1:34
interesting stuff that pops out of course.
1:36
One, they have more money in the Bitcoin I bit ETF than they do
1:41
in Google AKA Alphabet Inc. They also have more money in
1:45
Bitcoin than they do in NVIDIA right now, which is absolutely
1:48
nuts considering this is all the rage right now.
1:53
NVIDIA AI computing has seemed to taken over wall.
1:56
Street all of last year. And now it looks like we have a
1:59
new trend. And if this is a kind of
2:01
indicator of what's going to happen later, I think it's going
2:05
to get pretty crazy. Now, again, as I said, there was
2:07
another university that came out over the weekend that announced
2:11
a huge buy in Bitcoin. It's not as big as Harvard, but
2:13
I think it's still significant because it's another Ivy League
2:16
school. So Brown University reported
2:19
owning 105,000 shares of the IBIT Bitcoin ETF.
2:23
Yeah, a little less 4.9 million, but this is a new position.
2:26
This could just be them kind of dipping their toes into the
2:29
market. I think the significance here is
2:32
2 Ivy League schools basically on the same day.
2:34
Of course, they had two announces come out and say,
2:36
yeah, we are buying Bitcoin. And now you can see again, here
2:41
is the SEC filing 4.9 mil. Again, bigger than their
2:46
Microsoft holdings and bigger than their Google holdings here.
2:49
So I don't know if this is a trend going on of these
2:54
institutions, Wall Street's nation states, going this big on
2:57
an ETF. I think we're going to see
3:00
something crazy now, of course, Eric Balkunis of Bloomberg
3:03
Senior ETF Analysis, he really hit the nail on the head.
3:06
Here he goes. Harvard and Brown have bought
3:08
IBIT. Harvard is a pretty sizable
3:10
chunk too. They're the 29th biggest holder
3:12
out of 1300 holders of the IBIT. And in my opinion, endowments
3:16
are the hardest institutions to hook and they rarely bite on
3:19
ETF. So again, they usually never buy
3:23
ETFs. What is making them change now?
3:26
And buying the Bitcoin ETF? Well, I mean, us bitcoiners know
3:29
why. I mean, us bitcoiners know the
3:32
obvious, but if I had to put on my political tinfoil hat, it
3:37
would be they got they didn't. They just get rug pulled by the
3:41
federal government like. Yeah, they need some gains,
3:44
didn't. Trump, just say money printers
3:47
over for you guys. Sorry, should have supported the
3:51
people I wanted you to support. Yeah.
3:53
Interesting. So it is interesting that once
3:57
the money spigot just got turned off for Harvard, they said,
4:01
Dang, like what are we going to do?
4:03
We're going to team up with the other biggest institution aside
4:07
from the government and we're going to buy some Bitcoin ETFs.
4:11
What is interesting though is that it is a Bitcoin ETF.
4:14
Like they're not just putting their money in the S&P 500.
4:17
They're not putting their money on on traditional financial
4:22
instruments. They're actually betting on
4:24
Bitcoin. So some of them must be putting
4:28
that IQ to work and saying, you know, there might actually be
4:33
something here. Yeah, 100% and that and that's
4:35
actually the next point I'm going to bring up.
4:37
But I do want to cover this one tweet here from Eric Balkunis to
4:40
kind of paint the significance of this move here.
4:44
So to be sure, this is a sizable from an ETF perspective, but
4:47
microscopic from Harvard's perspective.
4:50
And plus, we don't know if they're doing some larger trade
4:52
or arbitrage moves with it. Still, though, I'm telling you,
4:56
endowments are notably anti ETF. And like Self was saying, the
4:59
fact that they're buying the Bitcoin ETF here when they
5:02
really stay away from ETFSI think it's kind of a sign of the
5:05
times. And then Self, you really hit
5:07
the nail on the head here. Remember this screenshot from a
5:09
couple of years ago? This from 2018?
5:12
We have you know what, what's 2018 is that eight years ago?
5:15
No 7, seven years ago now the headline is a decade from now,
5:19
Bitcoin is more likely to be $100 than $100,000, says Harvard
5:23
economist. And here we are.
5:25
They basically finally dip their toes at 100K so I guess.
5:29
The the mean exactly. Here we go, and this.
5:32
Is so funny. That guy totally got fired.
5:37
He. Should he should.
5:38
But again we have the Ivy League's now dipping their toes
5:41
into Bitcoin and historically, as I forget the the headline,
5:46
there is an article famous one the why the yuppie elite dismiss
5:49
Bitcoin. Well, it looks like now the
5:51
yuppie elites are coming into Bitcoin and Sailor even
5:55
retweeted this this morning or maybe yesterday, and he goes,
5:58
quote, Bitcoin is going to 0. For 15 years, the quote, top
6:01
economists, bankers and investors told you that you
6:04
probably shouldn't buy Bitcoin and they were all wrong.
6:07
Noble Lawrence, Wall Street CEO's, Ivy League professors,
6:10
every single one of them. I hope you didn't listen to them
6:13
because they've been wrong and somehow us with 45 Iqs here on
6:17
simply Bitcoin and Bitcoin Twitter.
6:20
That's been disputed. Oh yeah, to the interwebs we
6:24
simply Bitcoin have 127 IQ. Shout out Bryson.
6:27
Left side of the right side of the bell curve.
6:30
And here we are they're finally bending the knee.
6:32
As we always say, you get the price at you deserve or what you
6:36
get the Bitcoin price at the price you deserve.
6:39
Anyways, going further again, the supply shock meme is kind of
6:43
all the rage right now. And I did a good interview with
6:46
check Matey. He doesn't believe it.
6:48
I'm kind of on the side of there will always be Bitcoin or at any
6:52
price. It's just maybe not at this
6:54
price. So the price has to move up and
6:56
this is kind of what you're seeing.
6:57
You're seeing the Domino's fall very quickly.
7:00
It feels like we are in this watershed moment where now
7:03
everyone is dipping their toes in the Bitcoin.
7:05
And when I first heard this news over the weekend, all I could
7:08
think of was bitcoins really not going away.
7:10
Now, if we have Harvard, you know, Brown, Ivy League's, the
7:14
nation states, all of the banks around the world dipping their
7:17
toes in the Bitcoin. Anyone that thinks this thing is
7:20
just going to go away now, I, I think it's really going to be,
7:24
you know, sitting there with some very heavy Fiat bags and
7:28
have a rude awakening. Now doubling down on this.
7:30
The idea of a supply shock is getting interesting though.
7:33
Now, whether you believe the supply shock is this idea that,
7:36
you know, the exchanges are going to get drained of Bitcoin
7:39
or if you take it the other way that it's just so much Fiat
7:42
capital coming into the market right now.
7:44
It's absolutely nuts what's going on.
7:46
And David Bailey has been doing this countdown for the last
7:50
couple of weeks. And this is this is his tweet
7:53
this morning. He goes, ever since getting into
7:55
Bitcoin, I've always had this dream of smash buying $1 billion
7:59
of Bitcoin into a single bid. Tomorrow that dream comes
8:02
through, comes true. Got to start dreaming bigger.
8:05
Now when you really go into it, he is rounding up it's like 760
8:09
million, which is still, you know, it'd be nice to be able to
8:12
smash by $760 million of Bitcoin right now.
8:15
But they are going to film it. So maybe we'd get like a good
8:18
content out of this $1 billion bid to buy Bitcoin.
8:21
It's just, it's getting, it's getting nuts.
8:24
And you can see here when we're done, everyone, everywhere, we
8:27
know the name Nakamoto. And they're not the only ones
8:29
here. Sailor keeps stacking.
8:31
I think last week he did 2 buys that were or raising $6 billion.
8:35
I think he just bought a little I, I, I would say a measly 155
8:39
coins here for 18,000,000. And then we have other corporate
8:43
treasuries doing the same thing. Saquan's purchasing 1.5 million.
8:46
The question really remains, who is going to be the leader on the
8:52
Bitcoin treasury leaderboard here?
8:54
It's going to get very interesting tomorrow.
8:56
I think a billion dollars in Bitcoin right now is like 10,000
8:59
coins. So hey, Nakamoto's coming out of
9:02
the gate really strong. It looks like they'll, I don't
9:04
know, be able to jump in maybe around what is this like the
9:09
13th biggest company here on on corporate treasuries.
9:13
From my perspective, this 120K price range right now it it
9:17
doesn't feel like it could it could hold for that much longer.
9:20
There is there. Seems to be way too much capital
9:22
that is trying to unlock going into Bitcoin and that's this is
9:25
only from a few kind of institutions, hedge funds.
9:29
I think it's going to get even crazier here.
9:31
But what do I know? I'm just looking at the news
9:33
here and I'm like, man, with all those billions of dollars coming
9:36
into Bitcoin, how come the price is so stagnant?
9:39
What is going on here? I know everyone says paper
9:41
Bitcoin, but we have to remember.
9:43
Tomorrow they're filming it, so I'm I'm going to be very
9:46
interested in seeing what almost a billion dollars does to the
9:49
price in. Front like it would be cool.
9:52
Yeah, because you hear all these institutions buying, but, you
9:55
know, we have our doubts. We're dubious.
9:57
We like to, you know, trust but verify here you're literally
10:02
verifying like you're seeing the payment go through.
10:05
And I'm extremely interested in seeing what that does to the
10:08
price. Because you know, then when
10:12
there's like this news of Harvard and Brown and the
10:15
government buying Bitcoin, you know exactly what to expect.
10:19
And when the the government, the economy like these markets know
10:23
what to expect, that is going to make the price skyrocket or not.
10:29
Who knows who I mean, maybe it's maybe they're going to get
10:32
dumped on. It seems to always dump when
10:34
people sell. So like we know that for sure is
10:37
like verified. But when when people say that
10:39
they're buying, you know, somehow there, that's always an
10:42
issue. So now that we're doing it live,
10:46
it is going to be interesting to see what that does to the price.
10:51
Yeah yeah it's going to be it's going to be interesting to watch
10:54
it happen in real time because the amount of Bitcoin that gets
10:59
released a day I, I, if I remember I'm I'm gonna Fact
11:03
Check this 'cause I'm a I'm a little slow yes, I remember this
11:06
450 Bitcoin a day. These institutions the like
11:11
sailor himself is basically buying up just daily supplies
11:15
with $10,000 or 10,000 coins being bought up at like 1 single
11:19
time. Obviously it'll be a little
11:20
less. I think it's gonna be what, like
11:22
7500 coins or something, but that's what months worth a
11:26
Bitcoin supply that's being bought at a single time.
11:30
And I know we've been seeing a lot of selling happen from, oh,
11:33
geez, right now there's been hundreds of thousands of coins
11:35
hitting the exchanges. I just, I don't see how this
11:39
price can stay at 1:20-ish. And I mean, maybe we saw this
11:42
play out over the weekend. We saw the price hit like 122 or
11:46
something like that. It's starting to get frothy.
11:49
It is starting to feel like it's going to actually explode this
11:51
time. I still have my buddy sending me
11:53
texts and saying, dude, if we have a, if we have a candle like
11:56
the one that was looking at this morning after like an hour of
11:58
the market opening, he's like, it's not going to be good, bro.
12:02
And I'm like, with all the news coming out, it's hard to.
12:05
See how the price is going to stay where it's at.
12:07
And don't forget that Coinbase is also going to buy an
12:11
astronomical amount because I'm pretty sure they're running out
12:14
on on their own supply and they're going to say, damn, Like
12:17
when people want to sell this stuff or when the, you know, big
12:22
companies want to sell some of this Bitcoin, we're not going to
12:24
have any. So we probably should buy some
12:28
and buying some at this price, I mean, it's going to be really
12:31
great for people who've been holding for a long time.
12:34
Yeah, pump our bags, you know, pump.
12:38
It up. Let's you know with all the buys
12:40
going on, you just you just really want to have the fun
12:43
again. It just maybe my dopamines are
12:46
just completely. Fluoride here I.
12:47
Have no dopamine receptors left unless it's related to the
12:51
Bitcoin price moving and without the price moving.
12:54
I am starting to feel like we're just getting bored to death here
12:57
we're it's that wise function. I know a lot of people on the
13:00
Internet over for the weekend are saying 4 year cycle's dad
13:02
even some of my favorite bitcoiners like Pierre Rochard,
13:05
he's like the four year cycle's over.
13:07
I don't know about all that, but it does seem like things are
13:11
going to get crazy this this week in particular.
13:14
You know what's interesting, I was actually having a
13:16
conversation last night with my really good friend and her
13:21
boyfriend was telling me how, you know, his brother is like
13:24
starting this marketplace on a certain video game.
13:29
It's very popular and he's going.
13:31
To be GTA5, yes. Actually it is.
13:35
I don't know if we can plug those things because we're not
13:37
sponsored by GTA5, but if. You want to sponsor us?
13:39
What's up? Call us.
13:42
But yeah, he wants to start like some sort of server where he
13:46
sells assets from GTA5 in Bitcoin.
13:49
And I was like, wait, for real? Like normies are talking about
13:53
this. People who are in the video game
13:55
space. I wonder what other revolutions
13:58
got started in the video game space.
14:00
You know, I that made actually that conversation made me super
14:05
bullish because if people are starting to make, you know,
14:09
peer-to-peer at marketplaces, first of all, that's what
14:13
Bitcoin was actually started for.
14:15
And second of all, that means that they're is like this
14:19
interest now from the public to use Bitcoin for, for everyday
14:25
things. And so who's to say that, you
14:27
know, next it'll be Amazon, next it'll be Apple, next it'll be
14:31
these bigger companies who start to say, hey, we also want in on
14:36
the retail space with Bitcoin. I think that's around the
14:40
corner, honestly. And, and we've been saying this
14:43
since we got into Bitcoin in like 2016, 2015.
14:50
It's everyone's waiting for the day that Amazon and big
14:53
retailers accept Bitcoin. That's going to be the thing
14:56
that truly takes us into hyper bitcoinization.
15:00
Well. I'm, I'm happy you brought that
15:03
up 'cause I am going to speculate on that later in the
15:05
culture 'cause we did get an interesting news that is close
15:08
to Amazon. I'm going to just sneak peek it
15:10
here, but nothing full here. That's why I put it at the end
15:13
of the show, because we're going to.
15:14
To speculate a little bit here. So so we'll see what we'll we'll
15:18
leave that one there for a minute.
15:19
Anyways, I do want to remind you guys to of course, smash the
15:22
like button, hit the subscribe button on our YouTube, our
15:25
rumble, our Twitter and and comment on the show.
15:28
Tell us what you guys think about the show.
15:29
Not not about different stuff, just what do you guys think
15:31
about the show? Maybe.
15:32
What do you think about Sophie's show?
15:33
Should she replace us here continuously, constantly on the
15:37
live show? Should it just be simply Sophie?
15:39
Now, let us know what you think in the comments.
15:41
All right guys, before we go on, I do want to give a huge shout
15:43
out to our boys over at Bitcoin. Well, go to
15:46
bitcoinwell.com/simply BTC, sign up, make sure you are getting
15:51
real Bitcoin from an exchange that can literally never rug
15:54
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15:56
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16:03
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16:06
cold storage. Scan the QR code there and you
16:09
have three chances to win a million stats in the Bitcoin
16:14
wishing well. And of course, if you're
16:15
watching this and someone in the chat's like who's buying Bitcoin
16:18
right now, if you have Fiat still on the sideline and you
16:21
want to smash by $50,000 or more of Bitcoin, hit the Bitcoin Well
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Get in touch with them and they'll set you up so you can
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ensure that you are holding your Bitcoin a long term.
16:40
And you don't get rug pulled. All right, guys.
16:42
Let's get into the show. I want to give a shout out to
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se-ed.com store. All righty then guys, we're over
18:03
here on Clark Movies Dashboard. The current Bitcoin price is
18:06
120,000 and $60.00 per Bitcoin, which is a decline of -2.4% from
18:12
all time high. We are, that's right, just down
18:15
2% from all time high. Actually guys in the chat right
18:18
now, let me know if you think we're going to break all time
18:21
high this week. Are we breaking all time high
18:23
this week? Current block height is 909,000.
18:27
Sophie says yes. OK, you heard it here 1st
18:29
909,580 again. Block height is 909580.
18:35
The current market cap is $2.39 trillion and we have reclaimed
18:39
that 10% of the gold market cap. Feels good.
18:42
It feels. Good, my dad has a block clock
18:45
and instead of the price showing he has it on like the market
18:48
cap. It's so adorable.
18:51
Dollar change. Wow.
18:52
Boomer confirmed. Boomer confirmed.
18:56
That's funny. All right, guys, I got this good
18:58
video coming out of Safe Dean's podcast, the Bitcoin Standard
19:03
podcast, and it is Ricardo Salinas, third richest man in
19:07
Mexico, and he's literally doing the Bitcoin playbook that we
19:12
always talk about. You kind of dip your toes, You
19:15
go maybe 25% of your portfolio in Bitcoin, then you probably
19:18
step it up to 50. And then at a certain point you
19:21
realize, like, why am I holding anything else?
19:23
I should just probably go 100% all in on Bitcoin.
19:26
And he literally said this exact same thing.
19:29
So you just love to see it. It's happening in real time,
19:32
guys. The memes are playing out in
19:33
real time. Let's watch it.
19:36
So I'm not very positive about the economy in general.
19:40
I think that anybody who has an investment portfolio should be
19:44
extremely careful because of the the way that stocks are valued
19:49
today is ridiculous. I don't own a single stock other
19:55
than gold miners, Bitcoin miners, and in a very small
19:58
proportion. And that's why My Portfolio is
20:01
80% Bitcoin and Bitcoin exposure through miners and 20% gold and
20:05
gold exposure through miners. And that's it.
20:07
That's my investment portfolio. You know, Yeah, I don't know.
20:10
Why do I still have gold? Well, I could probably move to
20:15
100% Bitcoin. But maybe I need a little bit
20:19
more time, you know, being an old guy and all that.
20:23
Yo. What he didn't want to say is I
20:26
still have gold 'cause I can afford it.
20:30
Literally, literally though it is interesting to just kind of
20:34
like hear his view and the very end of it, he said.
20:38
Some, you know, he's like, maybe I just need to study a little
20:41
more, which is kind of interesting, but I, I think it's
20:44
really kind of talking about your dad.
20:46
It's, it's really, you know, can't teach an old dog new
20:49
tricks. They're just so used to holding
20:50
gold that they're like, I just need a little bit of it in My
20:53
Portfolio, whether it's gold mining stocks, whether just.
20:55
Need a little bit of that shiny rock to to hold and fuel.
21:00
Yeah, and boomers love to touch stuff.
21:03
Pause, pause. I, I didn't, I didn't think that
21:06
went through. But you can see that gold still
21:09
has a very strong mind share and the majority of people out
21:13
there, of course, you know, if if you're trading stocks, maybe
21:17
you don't care about gold because maybe you don't need to
21:19
hedge against inflation. But it looks like it.
21:25
It looks like it's working. It looks like the Bitcoin mine
21:28
virus. I don't like using mine virus,
21:30
but it looks like the Bitcoin cure is catching on.
21:32
Yeah, he I mean, he's definitely embodying the stay humble stack
21:36
stats with the I need to learn a little bit more.
21:39
But it's like somebody said in the chat here every he still has
21:44
gold because everyone has a little doomer in them.
21:46
I was actually talking to someone this weekend who's who
21:50
asked me. He's like, so do you also buy
21:54
gold? And like, I actually do have a
21:56
little bit of gold. And he's like, well, at least
21:59
you're consistent. Like it.
22:02
They they really do still kind of see it as like this congruous
22:06
thing because they still see Bitcoin as like an asset when
22:11
really it's, it's so much more than that.
22:13
And I think that that's what this gentleman is seeing
22:16
himself. And that's why he would go all
22:19
in 100% on Bitcoin. Yeah, yeah.
22:23
I mean, look, I think it's maybe, maybe it's different for
22:27
us 'cause we're younger and we have a, we have a lot more time
22:30
to kind of be in the market. But if you're like one of the
22:34
wealthiest man in, in Mexico, you probably don't need to, you
22:38
know, pile into one thing to get richer.
22:42
They, they probably do kind of think of it as like a, a hedge
22:44
in their portfolio. If for whatever reason, you
22:47
know, I don't think he's going to think saying Bitcoin's going
22:50
to do like go to 0. I think he's just saying, you
22:53
know, like I'm just. Used to this, I just really like
22:55
gold. I really like gold stocks.
22:57
That's just part of My Portfolio.
22:59
But I think if this is kind of a trend of what we're going to see
23:03
happen, I think we're going to see a lot more wealthy people
23:06
start to get into Bitcoin. I know we've been seeing and
23:09
covering it on the show for a while.
23:10
It started with like people saying you just need 1 to 2%,
23:13
then it's moved to 15%, then it moves at the 40%.
23:16
We have Salinas here saying, hey, I'm 80% in.
23:19
I think I might go 100% in at some time soon.
23:23
It's just like that your your ratio of your portfolio.
23:27
Once you start to really get into Bitcoin, once you get the
23:29
gains in Bitcoin, you're like, maybe I why?
23:32
Why am I leaving money on the table?
23:33
I should probably just buy more Bitcoin.
23:35
But there is also this other incentive that people have,
23:40
especially those who don't have the financial privilege of being
23:44
American. And it's that you can be
23:46
debanked literally from one day to the next.
23:49
I mean, Trump had an executive order this year, right?
23:52
Who that that made it illegal for banks to just suddenly
23:55
debank Americans, But like for no reason but or for
23:59
reputational purposes or whatever.
24:02
But the reality is that that still happens to millions of
24:05
people around the globe. They want to save in dollars
24:09
because their currency is extremely volatile and all of a
24:13
sudden, but they have to, you know, run the risk of being
24:17
debanked. That risk completely goes away
24:20
when you buy Bitcoin. And so I think that, you know,
24:23
there might be that incentive also behind what he's thinking.
24:27
He's not just like he's a billionaire.
24:29
He has an godly amount of wealth, but I think for him it
24:37
might be more the security aspect that Bitcoin provides
24:42
because it's not just number go up forever, it's this is
24:45
actually mine and nobody can take it from me.
24:48
Yeah, sovereignty's a hell of a drug, right?
24:51
Like having something that you can actually own control and no
24:56
one can take away from you is is one of the most powerful things.
24:59
And I think that's main one of the main reasons all of us are
25:02
Bitcoiners here. It's like, you know, Sailor last
25:04
week is basically saying there's no tariffs on Bitcoin.
25:07
You know, Bitcoins, I forget what he used to say.
25:09
It's a Bitcoin is, I forget, like the queen of sovereignty
25:14
protecting your freedom or whatever his meme was back in
25:17
the day. But this is this is really
25:20
what's catching on. I think not just the games, but
25:23
owning something that is fully in your control, I think might
25:26
be one of the best selling points for a lot of people.
25:28
And maybe it's because it's not physical that makes it, you
25:32
know, that much more, I don't know, real to people.
25:35
It's like, well, I can't actually hold this.
25:37
So how do I hold this? Well, I just control the keys to
25:40
get into this Bitcoin thing and no one can take that away from
25:43
me. Literally like Sailor always
25:45
says, you can perish tomorrow and that goal or that Bitcoin
25:49
will be with you forever and no one can ever touch it.
25:52
You know, maybe some trade-offs here, but I like to hear
25:56
billionaires saying they're going all in on Bitcoin.
25:58
I know he Bitcoin's here for the for the little guy, but hey, we
26:02
need them to buy in size so they can pump our bags and we can
26:05
become big guys here. Guys, this is the beauty.
26:09
The beauty here is that Bitcoin takes the best parts of
26:12
capitalism, right? Like they, they give the
26:15
opportunity to everybody equally.
26:18
But at the same time, like when a billionaire buys a bunch of
26:22
Bitcoin, it's good for everybody trickling down the economic
26:26
scale. So it's, you know, it, it's good
26:30
for everybody, but billionaires like Sailor.
26:33
And what's it saliva? Salinas, Salinas, Cardo Salinas.
26:38
Buy, buy Bitcoin. It's it's excellent.
26:40
So I mean, great, pump our bags. Yeah, and as a fellow Mexican, I
26:44
just love to see a Mexican billionaire just go all in.
26:47
Let's see more of them go all in.
26:49
And as a Mexican adjacent, me too.
26:54
I'm kidding. I'm Venezuelan.
26:56
Our currency hyperinflated a long time ago, so I'm rooting
27:00
for Bitcoin. Yeah, 100%.
27:03
This is why I think the, the Latin countries understand this
27:07
so well because their Fiat currencies are trash and they
27:11
get debased all the time. But hey, the world's waking up.
27:14
If we're seeing anything happen right now.
27:16
I think 2025, and I said this a while ago, it does feel like
27:20
2025 is going to be one of those pivotal years where we look back
27:23
on this year and we, you know, not saying the cycles are over
27:27
or this time is different yet, but we will look back at 2025
27:32
and we can pinpoint this year as like the year that things
27:35
fundamentally change, like the paradigm shifted in 2025.
27:39
And from here on out, I think Bitcoin's going to be taken a
27:42
lot more seriously by everyone around the corner around the
27:47
world. Sorry, I'm, I'm, I'm getting
27:49
distracted by the Super Chad. Thank you.
27:53
Deez mode. Can I yeah, I guess I could read
27:57
that turd. Karma comes around.
27:59
Respect the lady. Agreed.
28:01
Agreed tell me the trooper she she hangs out with us in the
28:05
trenches all the time. So she she knows what what the
28:07
deal is guys. Anyways, let's get into the news
28:11
for today because there is a, I would say a very interesting
28:15
shake up that happened on the federal level for the United
28:18
States. And it does make you wonder.
28:21
It makes you wonder a lot of things.
28:23
So we're going to get into that and we we're going to speculate
28:26
a little bit here, Sophie. And I'm glad I have Sophie here
28:29
because she has like a witch intuition on her.
28:31
So maybe we can pinpoint what actually happened here.
28:35
Let's dive into it. I want to give a shout out to
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We made it super easy for you to be able to survive the
30:47
apocalypse, Opti said. It was World War Z approved,
30:51
Yeah. It's World War Z approved.
30:53
I've never seen the movie so kill me.
30:56
Kill me in the chats if you want.
30:58
You cannot trust me and verify but it's literally the like the
31:02
main plot of the movie they use one of.
31:03
Those also, I would I would argue that this is probably more
31:08
valuable than gold in the apocalypse.
31:10
So you definitely want if you want, if you have gold and
31:13
that's like what you're depending on for the apocalypse.
31:15
Like I think you need to buy like 5 or 10 of these and use
31:18
promo code simply in the QR code below 5 or 10 of them.
31:25
OK, 5 or 10 of them need a Faraday.
31:27
Bag she's a little rusty on her show today it's a Monday guys
31:30
anyways, before I get into the news shouts out to everyone in
31:33
the in the YouTube chat we got backyard trail builds $5 super
31:37
chat appreciate the show a lot appreciate you man thank you so
31:40
much and then our our favorite Mexican in the chat.
31:44
Can I actually read this one today?
31:46
Yeah, I I think I can. Mexican Huddle, $20 super chat.
31:50
Thanks. Ronnie goes Hola pero.
31:51
Is your Mexican chorizo by the foot in the house?
31:55
Maybe I can't read that. I don't know.
31:57
I Thank you. I don't know what he's saying.
31:59
I. Had some ground chorizo
32:00
yesterday. Sounds good.
32:02
The eggs is so good. Sounds good.
32:03
So good. OK, all right, let's get into
32:06
the news story here. And so I don't know if you guys
32:10
saw this over the weekend, but this happened on Friday or wait,
32:15
what's it Friday? No, Saturday, this happened on
32:18
Saturday, which was pretty crazy.
32:21
I was actually out with a friend and I and this like I checked
32:23
Twitter real quick and I saw this.
32:24
I was like, whoa, OK, this is this is kind of a shake up.
32:29
So Bo Hines, you can see here, he changed his profile.
32:33
He was a part of the Digital Asset Working Group, and now he
32:37
has officially resigned. And the tweet goes, serving in
32:40
President Trump's administration and working alongside our
32:44
brilliant AI and Cryptozar, David Sacks, Executive Director
32:47
of the White House Crypto Council, has been the honor of a
32:50
lifetime. Together, we have positioned
32:53
America as the crypto capital of the world.
32:55
I'm deeply grateful to the industry for its unwavering
32:58
support. I love this community and all we
33:00
built together. As I return to the private
33:03
sector, which I think might be the biggest hint here, I look
33:06
forward to continuing my support for the crypto ecosystem as it
33:10
thrives here in the United States.
33:13
And going further, David Sacks goes, thank you Bo Hines for
33:15
doing an amazing job at the 1st ever crypto council, huge
33:18
accomplishments with the crypto summit genius act and digital
33:21
assets report. As you pursue your next chapter,
33:24
I look forward to being able to draw on your expertise and
33:28
advice. So I'm gonna go back to this
33:30
tweet here. I, I saw a lot of people kind of
33:34
responding to this and I think this did come out of nowhere.
33:38
Personally, I, I didn't see this coming.
33:40
I'm not gonna lie, I, I think it happened very unannounced here.
33:46
Personally, I think it might be a little premature.
33:48
I, I, I saw a lot of people saying it's like you, you
33:51
haven't really done anything. And I, I won't go that far.
33:54
But I thought he was going to be in this position for a long time
33:57
here. And I know they got a lot of
33:59
good kind of framework for what's going to happen in the
34:02
USI think there has been some good movements.
34:04
I know last week we were playing a clip of him essentially saying
34:07
that they are stacking Bitcoin right now.
34:09
They are they as in the US government is stacking Bitcoin.
34:13
So it's it's pretty interesting to see him step down, though.
34:17
I think that bit at the end of him going back to the private
34:20
sector and, you know, supporting the crypto ecosystem.
34:24
I don't, I think honestly, and this this might be speculation,
34:28
it sounds like he's going to go to a Bitcoin treasury company.
34:30
That'd be my take. I'm not sure because he's not a
34:33
Bitcoin maxi, right? Like he, I, I saw crypto in that
34:38
tweet. So I'm just like immediate eye,
34:40
eyebrow raised. It could be, I mean, Nico, Nico
34:45
has said it before, like these these Bitcoin treasury companies
34:49
are like the new ICO of this cycle, right?
34:51
So it's possible if everyone is jumping on that bandwagon, But
34:58
maybe he just left because things weren't moving fast
35:01
enough for him. Or maybe somebody who is a
35:05
Bitcoin maxi might join the Trump administration.
35:08
That would be the ideal thing, right?
35:10
Like could you imagine Max Keiser or like Sailor just
35:14
wrecking the ball in there making policy or suggesting
35:18
policy anyway for Bitcoin to to be bought by the government?
35:24
Yeah, I mean, as everyone in the chat saying he wants to make
35:26
money, This is why he's stepping down.
35:28
He's probably going to go all in on Bitcoin.
35:30
I think he. Could he could make money just
35:32
by like buying Bitcoin and staying and got like I, I don't
35:36
know if if it's that he wants to make money.
35:39
I mean, if if I wanted to make money, I would stay in my
35:42
position and just keep buying Bitcoin.
35:45
Yeah, Well, I mean, I know when David Sachs came in, he
35:48
essentially said he divested from all of his holdings.
35:52
I'm guessing there's probably some kind of mandate where they
35:55
can't, you know, buy Bitcoin in, in bulk here or sorry, you know,
36:00
in, in size here. I think you have to kind of
36:03
report what your holdings are. And then while you're in that
36:05
position, you probably can't profit on, you know, we can't
36:08
all be Nancy Pelosi here. I mean, I would have my wife buy
36:11
for me, right? Well, that's that's what.
36:13
Nancy does. That's probably a Gray area,
36:15
Sophie. No, she's straight up.
36:17
That's straight up what she does.
36:18
She's like, I'm not really into the market.
36:21
It's my husband who buys. It's like bro, she thinks we're
36:25
all 40 IQ. Yeah.
36:28
And I think like Derek saying again, it could be a conflict of
36:31
interest. We really don't know what it is.
36:32
But he stepped down and I would just say it seemed very
36:36
abruptly, like I thought he was going to be in this position for
36:39
a while. I don't know what, I don't know
36:41
what the vibe is or, or what people are saying in the chat,
36:43
whether they think this is a good thing or a bad thing.
36:46
Maybe they do think that they kind of, you know, got
36:49
everything set in place and now they're good to go.
36:51
And then moving forward, we'll see some interesting stuff come
36:54
out of Bo Hinds. But.
36:56
Well, yeah. 'Cause why would he step down
36:58
now when we're nearing all time high prices, right?
37:01
Yeah, yeah, doesn't. Really make much.
37:03
Sounds like he wants to buy Bitcoin.
37:07
Sounds like I don't know. Sounds like he's trying to smash
37:10
by. Yeah, probably.
37:11
Honestly, if if there is that conflict of interest in, you
37:16
know, clause or whatever in place that you can't buy Bitcoin
37:19
if you're working for the government, then yeah, that's
37:22
probably, although you would speculate that he already has a
37:25
lot of Bitcoin, you know, and that he might just be like, I
37:29
don't know, I would have, I would have kept my position of
37:32
power if I like, you know what I mean?
37:34
Like I stacked my stack and now. I mean, look.
37:37
I think and now I need to pump my own bags.
37:40
Yeah. But I think if he does come out
37:43
like maybe we'll get something this week or in a week or two
37:46
and he comes out as some kind of, I don't know, Bitcoin
37:50
adjacent company and something in the industry.
37:53
If that's not like a bullish sign of where things are going,
37:56
like, 'cause he's got to know stuff that we don't know.
37:58
And of course, maybe Ndas or whatever government, you know,
38:01
can't release national secrets here.
38:03
He can't really talk about it. But if he goes all in on on a
38:07
Bitcoin company right now that that would just tell me this is
38:10
going to be a bullish end of the year.
38:12
I mean, for sure it's going to be a bullish end of the year
38:14
anyway, but I would imagine that most people who are in
38:19
government positions and leave to the private sector, they end
38:22
up leaving as consultants, right?
38:25
So like he might not join a Bitcoin private or sorry, a
38:30
Bitcoin treasury company. He might just set up his own
38:34
consulting service where he tells people, OK, buy this, buy
38:38
that, whatever this is going to pump, this is going to dump.
38:40
Like he uses his knowledge that he had while he was in there to
38:45
essentially, you know, advise his customers.
38:51
Yeah, yeah. I mean, it's gonna be
38:53
interesting to see where this ends up, but someone said it
38:57
here. He knows what's coming.
38:59
Cin Diesel says he knows what's coming or quote, what's missing
39:02
in terms of the Bitcoin reserve. That honestly, that was like my
39:06
first impression when I saw he resigned.
39:09
I'm like, oh man, this is probably not a good sign here
39:14
just cause it's like if you resign randomly, like, you know,
39:17
my first thought was of course, very cynical, like maybe the,
39:20
maybe the US doesn't have the Bitcoin that they claim they do
39:23
and This is why he's resigning. But then, but then it kind of
39:26
came out. I, I didn't see his actual tweet
39:28
for like 2 minutes. And then I searched for it seems
39:31
like he's leaving on good terms, joining the private sector.
39:33
So I don't know, I think, I think it's more on the lines of
39:36
just he knows what's coming. And if that's the case and he
39:39
goes into some kind of Bitcoin, even if a crypto company, I
39:44
think that would say that some bullish things are going to
39:46
happen in the US And if he knows that the US has stacked Bitcoin
39:50
and he's trying to position himself before that
39:52
announcement, he's going to make a bag.
39:55
I'm not going to hate on him for that.
39:57
Yeah, I can't hate on him for that either.
39:59
I would, you know, I'd not, I'd still stay.
40:03
I would stay and try to like, you know, be a good advocate for
40:08
Bitcoin and. And whatever crypto, I guess
40:11
gets dragged along here in the conversation, but I mean, maybe
40:15
he did everything he needed to do and now he feels like he's
40:18
leaving it in good hands. And you know, that's, that's
40:22
great for us, honestly. Yeah, I mean that that is
40:25
definitely the conversation that people were were having.
40:28
Because what else is there left to do?
40:30
We already have an executive order that's allowing 401 KS to
40:35
invest. We.
40:36
Need elimination of capital gain.
40:38
Well, yeah, no, we we do, we do, but that's.
40:43
That's probably not happening. That's.
40:44
Going to take some bipartisan support.
40:46
It's going to take a while, but no, I think I think your point
40:49
does is like the right one, at least that's kind of what David
40:52
Sachs was saying. It's like they did everything
40:55
that he, he did everything he needed to do in what 6 months
40:58
and now he can go into the private sector and you know,
41:01
you, maybe people will say this is a bad thing, but capitalize
41:05
off the momentum going on here. You know, we're capitalist here.
41:08
I, I'm, I'm kind of OK with that.
41:10
If he goes in, in size into Bitcoin position, I think that's
41:14
a sign of, of things are going to get super crazy and, and they
41:17
did do everything they said. So digging deeper into it, I, I
41:22
don't know what's really going on, but moving forward a little
41:25
bit, we did get another kind of tweet come out of David Sachs
41:28
over the weekend as well. And it does kind of piggyback
41:32
off of the executive order that Trump did around the banking.
41:35
So David Sachs tweet again, he's the cryptozar and he goes, why
41:39
are top banks still prohibiting or restricting access to Bitcoin
41:43
ETFs on their wealth management platforms?
41:45
Is this the last vestige of the banking?
41:48
And he's quote tweeting this over 31 trillion in US wealth
41:51
platform capital is still restricted or prohibited from
41:55
accessing Bitcoin. ETF structural constraints are
41:58
suppressing flows and creating opportunity that won't last
42:01
forever. That is based on direct
42:03
conversation with advisors at each platform.
42:06
And of course, we have the executive order.
42:09
Oh, I didn't pull it up. Sorry, guys, I have the
42:12
executive order from Trump about the banking specifically
42:17
mentioning crypto companies as part of the Operation Choke .2
42:21
point O and banks fighting the Bitcoin industry as one of the
42:25
top priorities here. So it is interesting to see them
42:29
kind of pinpoint the problems, which really goes into like a
42:32
more bullish take of what's going on.
42:34
It's like, look, the Bitcoin price maybe is stagnant.
42:37
Yes, we're hearing billions announced of Bitcoin buys like
42:42
every other week, but that still goes to show that there is what
42:46
would it say, $31 trillion of capital in the US that can't
42:50
even get into Bitcoin yet. It really makes me think like we
42:53
are still so early in this. I know sailors doing a lot of
42:56
different products to kind of tap into these markets, but the
43:00
vast majority of the world's wealth can't even get into
43:03
Bitcoin right now. And so you guys here watching
43:05
the show that's been with us on this ride for a long time, we're
43:09
all still early on this. And I know it's hard to believe
43:11
that we're early when the Bitcoin price is AT120K.
43:14
We're early. But but we're early.
43:16
Prehistoric age has has long passed us now.
43:19
At the very least, I think now we're like in the 1776 American
43:26
Revolution or about to, you know, happen that area, that
43:31
kind of Renaissance period where people are kind of starting to
43:36
accept. But yeah, the the prehistoric
43:40
age has left us and we still have our problems.
43:43
We still have capital gains, but we've made it such a long way.
43:47
I mean, like, I never thought that we'd be here last year, did
43:51
you? Yes, I did.
43:53
I thought we were going to be here in 2021.
43:55
I did. Not I see, look, I thought that
43:59
meme of like when they say like, and then we fight them or then
44:03
they fight us. It's I thought that was going to
44:06
be like at least a one cycle. Like at the very least it was
44:10
going to take like a cycle and it wasn't that bad.
44:13
Like I, I, you know it and we might have got lucky because
44:18
Trump got in office and he just happened to be pro Bitcoin.
44:22
But I thought this fight was going to last way longer.
44:26
I mean, it is money that you're talking about.
44:28
It is like the whole entire financial system that hasn't
44:31
changed since the time of Medici.
44:35
But now we're here and and I just, I really didn't think that
44:39
it would happen this quickly. Yeah it well it really is
44:43
happening fast dude sorry I was going to comment in the in the
44:48
chat, but Dee's mode saying I shouldn't drink white monster
44:50
because it causes speech impedance dude I can't speak
44:53
normally yet like I don't think it can mess me up any more than
44:56
I already did It's. Only because I'm on.
44:58
Because usually when Nico's on, he's the one.
45:00
Yeah, he's the one stuttering, but.
45:03
Yeah, in the hierarchy of people who can speak, I'm the best
45:08
probably first and and. And that's weird because I don't
45:13
always. Know what I'm talking about?
45:15
I just I've I've mastered the art of bullshitting.
45:19
Haven't we all? Being being from Miami will will
45:22
really teach you that. All right though, so if you did
45:25
remind me of a good tweet from Checkmatey and he, he basically
45:31
said the same thing you said. Sorry guys, my computer's 9.
45:34
Yeah, I think that that outlet's not working either, Sophie.
45:37
Anyways, check when he says if you have been in Bitcoin for a
45:40
cycle or more before today, you have experienced a once in a
45:43
lifetime event. You build a conviction to hold
45:45
an asset which the entire world told you was destined for
45:47
nothing. Literally everyone said you were
45:50
wrong. At scale, that character
45:52
building dynamic is no longer the case.
45:54
Wall Street, government policy, and even the media is at minimum
45:57
less negative, but mostly now positive.
46:00
Building conviction in Bitcoin now is easy, folks.
46:02
Just pass off responsibility to their money manager.
46:05
If you stood the hardcore test of building, forming,
46:08
challenging and reshaping your conviction over years amidst the
46:12
most hostile social environment against Bitcoin we will probably
46:16
ever see, well done. Yes, the asset is awesome, but
46:19
the lessons you learned and the trust you not have in your own
46:22
decisions and ability to reason cannot be replicated.
46:25
You lived a once in a lifetime experience.
46:27
Put it. Put it to work in your life and
46:30
make it better. Yeah, it is pretty awesome.
46:33
That number go up is just the top of the iceberg and that
46:37
there is so much more underneath because, you know, we, I think
46:42
that boomers live through this time period where it was like
46:45
more is more and like Fiat created this way of life that
46:50
just depended on like short term gains, short term highs.
46:54
And now Bitcoin gives humanity this opportunity to like
46:58
ironically touch grass again and re evaluate what really matters.
47:02
Because now you don't have to be in this rat race, right?
47:05
You don't have to be like worrying every 5 seconds about
47:08
like, you know, if you can get the newest thing and outfit and
47:13
whatever the car, the Lambo, whatever.
47:15
Like, yeah, at the beginning that is the the motive, right?
47:19
The money is the motive. But underneath that you're
47:22
actually incentivized to like store your wealth and keep your
47:26
money and save and, and kind of value other things.
47:30
So it is really, really beautiful that we get to be part
47:33
of this huge revolution, not just in money, but also in
47:40
culture and in in spirit, almost like not to get corny or
47:45
anything, but like I really think that Bitcoin is a
47:48
revolution of your soul in some ways.
47:52
Yeah, totally. I mean, what's what's the
47:54
saying? You know, it's, it's not the
47:57
Bitcoin price, it's the friends you made.
47:59
Along the way. That's the fucking oddest you
48:04
meet along the way. We're all holding hands.
48:07
I mean the. The, the, the reason I brought
48:10
that tweet up stuff is because like you, you did mention it.
48:13
We did basically just live through the most hostile, at
48:16
least in the US regulatory environment around Bitcoin and
48:19
the whole industry. And like to your point, it
48:23
wasn't like, I know it was bad. I like there's people in jail
48:26
now because of it, but it it didn't last as long as we
48:30
probably thought it was. Going to be worse.
48:32
It could like in the in the scheme of revolutions around the
48:36
world, this could have been way worse.
48:38
Like there were no guillotines. Wait, wait, wait.
48:42
You. I don't know if we can say that.
48:43
Sophie. Oh, sorry.
48:45
There was no French Revolution, you know.
48:47
There, there was there. It's been it's.
48:51
Been light it's been light they haven't they haven't jailed
48:54
anyone for self custody. I'm.
48:57
Sorry. Oh man.
48:58
Yeah. It's OK.
48:59
We'll, we'll, we'll clip that. Out, yeah, I might have to clip
49:01
that. I might have to clip that but
49:03
yeah, it is interesting to see how quickly things can change
49:07
and and I think this like going back to Beau Hines leaving, I
49:10
think this is kind of one of the main concerns that we're seeing
49:13
amongst amongst bitcoiners right now.
49:15
It's nothing's really been codified so far yet.
49:18
You know, when Trump leaves, all of this can go out the window
49:22
very quickly. So hopefully we see some more
49:24
action on that front, at least in the US And I know once it
49:27
happens in the US, it's solidified in the US, I'm sure
49:30
you're going to see this start to ripple everywhere.
49:33
And and really we want to see this play out long term and not
49:36
just get, you know, another executive order to take this all
49:39
away in three years from now. So, you know, a little hopeful
49:43
on on that front, but also maybe it is a little early to to
49:47
really kind of take our victory lap here because who knows what
49:50
can happen. Who knows what's gonna happen in
49:52
the US in 3-4 years from now. So as of now, we will take the
49:56
WS and we're gonna be very excited moving forward out here,
49:59
especially at simply Bitcoin covering the news.
50:01
Hopefully we get some crazy news stories coming out.
50:03
Hopefully we just get, you know, I'm getting fired.
50:10
Yeah, hopefully we find some good stuff.
50:12
Anyways, anyways, let's I I do want to.
50:14
Speculate a little bit. This one's going to be fun.
50:16
It is a little cultural stuff, but this is heavy speculation
50:21
right now. But This is why I put at the end
50:23
of the show, so let's get into it.
50:26
I want to give a shout out to our partner Hive Digital
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freedom. All right guys, before, before I
52:30
do this, I do want to do a little disclaimer here.
52:32
You know I, I am speculating here.
52:35
So you know, just just follow me along on the speculation here
52:39
cuz Sophie said it earlier. What a lot of bitcoiners are
52:43
waiting for is for the likes of the Amazons to accept Bitcoin.
52:47
Now we don't have that new story here, which is why I put this at
52:51
the end of the show. But again, this is a cultural
52:53
shift kind of moment here, even though it's not necessarily
52:57
Amazon. What am I talking about?
52:59
Well, if you are not a flat Earther and you're a globey like
53:02
me and you still believe in space, then we have this very
53:06
interesting news story. So Blue Origin space flights
53:08
aboard New Shepherd can now be purchased with crypto and stable
53:13
coins through Shift 4. Oh my God, Oh my God.
53:16
Oh my God, this is so exciting for me.
53:17
Actually, I didn't know we were going to cover this, but it's.
53:19
Very. Are you trying to?
53:20
Are you trying to get a Space Flight?
53:22
No, but at the conference, they were at the conference and I had
53:26
a long conversation with them because I am a pop girlie and I
53:30
was like, what was it like hanging out with Katy Perry in
53:33
space? Well, let's be clear that that I
53:37
think that that clip looked really fake though, so I that I
53:41
don't know, it looks suspicious to say the least.
53:43
I don't care that she went to space, I just care about like,
53:45
you know. You were hanging out over there.
53:47
Katy Perry and you know, whatever we were talking and I
53:51
was actually wondering what they were doing at the Bitcoin
53:54
conference. So now this is all making sense
53:57
and they were very nice to me and they gave me a box with like
54:00
an anti gravity pen and you know, a bunch of goodies.
54:03
So they were very cool. They give you that merge.
54:05
OK guys, so here we go. Here is kind of the news.
54:08
Obviously, it's not perfect because there's shit coins
54:10
involved, but starting today, empowered by Shift Force
54:12
seamless payments technology, consumers can pay with popular
54:16
cryptocurrencies and stables like Bitcoin and some other shit
54:19
coins for trips to space aboard Blue Origins New Shepherd.
54:24
Today at more than 75 people have gone to space.
54:26
And here's a good quote. Our mission has always been to
54:29
revolutionize commerce by simplifying the transaction
54:32
process and we're thrilled to now extend that vision beyond
54:35
Earth. Together with Blue Origin, we
54:37
are making space accessible to explorers around the globe.
54:40
This partnership will enable adventurous travelers to book
54:43
the adventures of a lifetime, no matter their preferred payment
54:45
method, all with a simple frictionless experience.
54:49
Now, of course, this is Jeff Bezos space company here.
54:53
You know, space exploration seems like a leisure, leisure
54:57
way to have some fun in space. It's.
55:00
A great way for boomers to spend 250 dude.
55:05
It's super expensive by the way. Like they told me it's 250K to
55:10
go to go into space and like they include the the training
55:14
and what I it's like. It's like I don't remember how
55:16
long the training is but stack stats instead.
55:21
I mean I. Recommendation.
55:22
I wouldn't be giving them Bitcoin for that.
55:24
But again, the reason I'm bringing this up is because I am
55:28
going to speculate here. We have been speculating whether
55:31
Jeff Bezos is going to become a bitcoiner.
55:34
Now one of his companies is accepting Bitcoin and shit coins
55:37
for payments. And it really reminds me of
55:39
this. Guys, remember what was this two
55:43
years ago now when Jeff Bezos got remarried?
55:47
They were on a very nice yacht and remember who was there?
55:51
We had Michael Saylor at the yacht party.
55:54
So my speculation here and I'll, I'll put it out here now, maybe,
56:00
maybe soon. We will see.
56:02
Amazon go into Bitcoin if they start accepting Bitcoin, I know
56:06
you can you know, do buy buy gift cards for Bitcoin and then
56:10
you can or buy Amazon gift cards with Bitcoin and you can use
56:13
that on the the the platform itself.
56:15
But if we get some Bitcoin payments directly, that would be
56:19
a game changer for, I think a lot of us.
56:21
I know you don't want to spend your Bitcoin, but if you're
56:23
already in Bitcoin, using your Bitcoin to buy stuff on Amazon
56:26
to survive. Not just.
56:28
To. I'd be OK with this.
56:29
Not just as a consumer, but also there's a lot of sellers,
56:34
retailers on Amazon that would benefit greatly from receiving
56:38
Amazon. Now all of a sudden, every mom
56:41
and pop shop becomes or has their own little Bitcoin
56:44
strategic reserve. And that's huge because, yeah,
56:49
the overhead is very little. I mean, I think that would be
56:53
just like a net positive. Yeah.
56:55
And I also looked into Amazons reserves and or cash, kind of
57:01
cash on hand and cash equivalents guys.
57:04
And they're sitting on a sizable stack right now.
57:07
The different metrics that I saw, I saw like 95 billion, it's
57:10
sitting now around 100 billion at minimum.
57:13
They have about 90 billion of sorry, $95 billion as of March
57:19
31st, 2025. So look, if they do even just a
57:24
Bitcoin treasury strategy here, even if it's a small one, that's
57:29
going to be that's going to make international headline, that's
57:31
going to be a big, big news story.
57:34
So we don't have anything really concrete yet except for Jeff
57:37
Bezos space company is now accepting Bitcoin payments.
57:40
But it does make you think that his other companies are probably
57:44
coming down the pipeline soon. And again, once we do this, I
57:48
think that will be a cultural shift that unlike any other do.
57:51
You imagine buying groceries at Whole Foods with Bitcoin.
57:55
Dude, I Whole Foods just moved in down the street for me sick.
57:58
I would be OK with that. I'd be OK with that.
58:01
Yeah. So what?
58:02
He's got Whole Foods, Amazon, his space company.
58:06
I know he's got some other stuff but.
58:07
You can buy movies on prime or your streaming service can be
58:11
just like. That's like a a fundamental
58:14
cultural shift if this happened. So maybe this is baby steps
58:17
again. Maybe all this stuff is kind of
58:19
happened in slow motion and we're just seeing the first
58:21
initial kind of dipping your. If Amazon does it, if, if Bezos
58:27
does it, you're going to see a lot of grocery chains start to
58:31
accept Bitcoin. You're going to see Netflix,
58:33
HBO, all the streaming services start to accept Bitcoin.
58:37
You're going to then see by, you know, trickle up effect movie
58:42
studios, which have millions of dollars in budgets, possibly,
58:46
you know, transact and work in bitcoins.
58:49
Movie theaters might come back and, and actually like make a
58:53
different experience, something more immersive, something
58:56
futuristic, because now they have the money to do so.
58:59
It wouldn't be like this this thing that just loses money all
59:03
the time. I, I'm super bullish about this
59:07
news. I think that Bezos is an
59:10
intelligent man and he probably got orange peeled by sailor on
59:17
that yacht, I mean. I mean, of course.
59:19
Sailor's going to be like. Was it you have 95 billions of
59:22
dollars of melting ice cubes, Dude, you need to buy some big.
59:25
I mean, with that said, he probably has his own personal
59:28
holdings that we just really aren't aware of.
59:30
So I think it's again, one of those moments where some of the
59:34
whether you like them and I know bit corners have to like slay
59:37
your heroes meme, but literally now, guys, we have the most
59:41
influential people in the space. Now it's no longer just us, you
59:46
know, 42 IQ people on the Internet, anons that hang out
59:50
and live in our mom's basement. So it's like the movers and
59:54
shakers of the world are big corners.
59:55
Here, serious people, these are these are the big dogs that,
59:59
like you said, move and shake the world.
1:00:03
I'm Hmm. Who knows, maybe this is going
1:00:07
to be. I don't want to be too bullish
1:00:09
on the show. I don't want to be like bitcoins
1:00:12
going to a million this year. I'm not going this year.
1:00:15
I. Mean maybe not this year, but
1:00:16
definitely for sure. I mean sometime soon 500 Ki
1:00:20
don't know. 500K this year, I'll take that.
1:00:22
I will. I'll be able to take that.
1:00:24
I'll be happy with that. But we got to get rid of those
1:00:27
capital gains taxes though. Yeah, we got to recognize
1:00:31
Bitcoin as currency. We got to recognize it as
1:00:34
speech. Yeah, we still got a uphill
1:00:37
battle here, guys. And and yeah, sorry guys, I, my
1:00:40
IQ is so low I can't even remember what my IQ is anymore.
1:00:43
Apparently I'm at 41. I think it's at 40.
1:00:45
It's I think it's I. Think it was at. 43 it's
1:00:47
dropping. It was a it was a long weekend.
1:00:49
It's it's definitely dropped. It's not like I.
1:00:53
Still wanna hear? Yeah, it's like 35 IQ.
1:00:56
We're at 35 IQ. All right, guys.
1:00:58
So that was today's show. Really appreciate you guys, love
1:01:02
you guys. Of course, share the show, like,
1:01:04
subscribe, comment on the show. Tell us what you think about the
1:01:07
show. Tell us if Sophie should take
1:01:10
over for us. All that good stuff.
1:01:12
And we are dropping the best content on our YouTube channel.
1:01:16
And supposedly, supposedly Nico will be back for the rest of the
1:01:20
week. He's been traveling.
1:01:21
He's in what, Helsinki now? It's been.
1:01:23
Brutal. It's been a brutal week for
1:01:25
Nico. So you know, I got to give it to
1:01:27
him. He's a trooper representing
1:01:29
simply Bitcoin all over the world.
1:01:31
Literally. Love you and I will also be
1:01:36
covering for Dante this week, so stay tuned for those videos.
1:01:42
I'm super excited to be part of the team and like I said guys,
1:01:45
leave in the comments what you want to see from us, what topics
1:01:50
you want us to cover and if you haven't already, smash the like
1:01:55
button, subscribe to the channel, send this stream to
1:01:58
your friends, send all of our videos to your friends.
1:02:00
Bombard them with information so that they don't say later on.
1:02:03
Damn, I wish you would have told me about Bitcoin.
1:02:07
I'd sent you simply Bitcoin's content a million times, dude.
1:02:12
You want to be that guy? You want to say I told you so?
1:02:15
Yeah, 100% and and shouts out to Senor Gringo Papi.
1:02:19
Yes guys, we are almost at 100K. So if you watch this show and
1:02:24
you aren't subscribed, hit that subscribe button.
1:02:27
Get us over that mark there 100K.
1:02:29
We will be an official YouTube channel then it will will really
1:02:33
be official. But we're super excited for
1:02:35
that. Maybe like a week or so away
1:02:37
depending if Sophie gets another banger, we might be done.
1:02:41
We might be over that Mark the week guys and so on.
1:02:43
Before we even get there, I just want to say a huge thank you to
1:02:47
every single one of you guys. Anyone that has ever watched our
1:02:50
show, liked our videos, even commented negative stuff about
1:02:54
me on the videos. I love you guys.
1:02:56
I appreciate you guys, The whole team from the whole Simply
1:02:59
Bitcoin team. We truly, truly love you guys
1:03:02
and wouldn't be here without your guys's support.
1:03:04
So it means the world to us. It really does.
1:03:06
So you know we're going to keep going, we're going to keep
1:03:09
chugging along. 100K is just a start for us here guys.
1:03:12
So we'll see you tomorrow, same time as usual, roughly 1230 PMI
1:03:17
know it's going to say 1215, but 1230 is when we go live guys.
1:03:20
You should know this by now. On that note, get outside, get
1:03:24
some sun, eat some good food, call your loved ones.
1:03:27
What else do we do? Take a nap?
1:03:29
I don't know, get some good sleep?
1:03:31
It's all the life advice. It's.
1:03:32
The beginning of the week you got to, you got to ramp up
1:03:34
accelerate. Yeah, get get your caffeine
1:03:37
intake in. All right, guys, we love you and
1:03:39
we'll see you tomorrow. Adios Today's episode was
1:03:43
brought to you by bitcoinwell.com, a Bitcoin only
1:03:46
platform on a mission to enable financial independence.