Latest / Simply Bitcoin / Tone Vays | What Will be the Bitcoin ATH in 2024? | Simply Bitcoin IRL

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Tone Vays | What Will be the Bitcoin ATH in 2024? | Simply Bitcoin IRL · Simply Bitcoin

0:01
Yo welcome to another episode of Simply Bitcoin live.
0:06
I'm really excited for this every time tone and I have a
0:09
conversation. It leads down a really, really
0:13
great Rabbit Hole. So I'm really excited for this.
0:16
Have the one, the only, the, legendary tone vase.
0:19
How you doing, bro? Be cool in the morning and
0:28
haven't got much sleep in a few days but the rest of it the vice
0:34
easy man. No party.
0:39
I bet, man, I haven't was the. Last time I went to Dubai did.
0:45
I haven't been since, like, teenage years.
0:48
I haven't been in such a long time, but I do remember him.
0:53
Really what's changed about it? Oh God is becoming a lot more
0:59
open more so do they, do they still do?
1:06
They allow alcohol's in the they allow alcohol's in the hotel.
1:11
Like, do they allow alcohol? And in hotels and stuff.
1:14
Yeah, there's also pretty much everywhere at this point.
1:17
Yeah, you supposed to have a hotel to have a liquor license,
1:23
but everything has a hotel like ever.
1:25
Everything that goes on is, you know?
1:28
Yeah, it looks like you're we're getting some comments in the
1:32
Stream. Sansa tone.
1:34
Your video and sound is a little choppy from Maya.
1:40
Yeah, that sucks. So I can try to switch my
1:47
internet to my car. Instead of the hotel.
1:54
While I wonder if that would work.
1:58
I can see better. We could try that.
2:02
I wonder how did we're getting the comments from your audience,
2:10
your treatment, right? Yeah.
2:12
Yeah. These are.
2:13
These are your your audience. This is a lot on my Channel.
2:22
Watch it on, simply coin. It's, it's all from restream.
2:26
So, it should be the same quality.
2:30
Mmm, why Nick is this live? Yes, wine.
2:33
I guess it's live. Oh, all right.
2:39
Let me let me see her. And if that's better.
2:53
Yeah, it's all the upload speed. See you in a second bear with
3:12
us. Everybody crazy create another
3:17
crazy day in Bitcoin. See if tone can make a comeback.
3:23
Oh here he is again. Let's see moment of truth.
3:27
I atone. All right, oh, there we go.
3:30
It's fixed. Hell yeah.
3:32
Okay, awesome, cool. All right, so that's fixed.
3:36
I don't have a chat with Marriott.
3:39
All right, tone, now that we did Live, technical support on
3:43
Livestream tone. I'm going to start it off with
3:47
this. What happened?
3:49
20, 21, 22 23. E to, I feel like a lot of
3:52
people got blue old including myself.
3:55
I think a lot of people had expectations for 100k Bitcoin.
4:03
Yeah, yeah. Well, that's certainly one way
4:06
to start an interview with on it.
4:08
One the morning after drinking. Yeah, look at from a technical
4:12
perspective. It is super rare that the price
4:18
of an asset goes and breaks the all-time high six months later
4:24
or beyond that and doesn't continue Rising.
4:30
It's a very rare event. I will place a bullish Beth.
4:34
I'm not situation each and every time when Bitcoin did break dot
4:41
sixty five thousand dollar area. I mean maybe we wouldn't have
4:45
gotten to 100 but I expected 80 at least 80 and we just topped
4:50
out at 68. I felt that it was pretty
4:54
unexpected and yeah, in hindsight we can come by Back
5:01
and we can come up with all these reasons as to why it
5:03
happened. But yeah, a lot of us got caught
5:07
by surprise and we're still dealing with the consequences of
5:11
this bear market. And I've already said it months
5:13
ago, I think this bear markets, been the worst bear Market that
5:17
I've experienced and this is my third.
5:21
What makes it worse than the first one?
5:23
I feel like we had more volatility, I think we've only
5:25
been we're only down 70%. So from your perspective what
5:29
makes it the worse is it because Bitcoin didn't hit certain price
5:34
targets and I'm going to add to that a little bit.
5:37
Do you believe in the diminishing returns Theory,
5:40
right? We're just Bitcoins just going
5:42
to continue it's still going to have you know that upwards
5:46
volatility but it's going to be greatly diminished.
5:49
Do you believe In that. II do, but they'll be one more
5:56
cycle High volatility. And after that, the volatility
5:59
should come down Ava back to the question of what makes it the
6:02
worst is that this time around, there's a lot more dependency on
6:07
Bitcoins, a lot more businesses on bitcoin almost.
6:12
I don't know anyone that had already quit their job in 2013,
6:18
bubble to be, you know, dependent on bitcoin.
6:22
In 2017 is one of the majority of the people just entered the
6:27
market. And while they were entering the
6:30
market here, they started businesses.
6:32
And a lot of those businesses felt the pain but it was mostly,
6:36
you know, shit quarters that felt most of the pain and but
6:41
this time around in 2021 going to coming out of covid from
6:50
2020. I think a lot of people were
6:55
very Deepika came very dependent on bitcoin like 2020 had a
7:00
complete overhaul with all the shutdown and I think there's so
7:04
many people started their businesses on bitcoin started
7:07
depending on bitcoin and then it goes to these ridiculous highs
7:13
in 2021. And after that, is this bear
7:17
market after so many people are dependent on bitcoin.
7:23
Is it is it? That's what makes it bad.
7:25
Is that a lot of these businesses?
7:26
A lot of individuals are dependent on bitcoin and you
7:29
think from your perspective that's what makes it bad.
7:32
Yeah. Not only just business is also
7:34
countries right? Like El Salvador, El Salvador
7:38
isn't really looking good right now, right?
7:40
Like they got in going into the bubble, they've been doubling
7:45
down on it and I really hope but Kelly wins the re-election, but
7:51
like, if he doesn't Win the re-election.
7:53
I think the Oh tones. Internet looks like tones.
8:02
Oh, wow. Up there you're back, you're
8:04
back. Oh my god.
8:06
Oh no. Oh yeah.
8:07
Your back. No.
8:07
All good. Okay, boys.
8:10
Last time you last thing you're saying, you said that El
8:12
Salvador looks really bad right now.
8:15
It does in the eyes of a lot of Voters.
8:18
Other countries get to you know talk shit about them because
8:24
Bitcoin is down and that could have the Armed with Kelly's
8:28
re-election. So I hope he gets re-elected
8:30
again. I still think that was the right
8:33
move, I like that they're doubling down to get a buy more
8:36
Bitcoin at the lows, but If but Kelly doesn't win, this could be
8:43
the major factor that causes him.
8:45
That that creates, you know, a loss brings in a president, who
8:49
could, you know, overhaul this Initiative for Bitcoin and that
8:54
sets the whole space back. So these are the concerns.
8:57
This is why this bear Market is so crucial.
9:01
Yeah, and I think that not only bouquet lay, right?
9:04
Also Michael Sailors. Well, the way that we've been
9:07
kind of angling it on simply on the Regular Show is they're
9:12
paying the price of tuition, you know.
9:14
Just like I paid my price of tuition when I got in and I'm
9:17
pretty sure you paid your price of tuition when you got in
9:19
unless you got extremely lucky in the year and the time that
9:23
you got in. But most because the vast
9:24
majority of bitcoiners that I know they have to pay the price
9:28
of tuition every time. Yep, yep, they're paying it.
9:32
Now ironically, someone just tweeted out so I am bullish.
9:37
I do think that the price of Bitcoin will reverse this
9:41
quarter, I think is going to reverse this month.
9:44
We have not yet broken the 17 and a half thousand dollar low
9:48
that we had recently in June. Not that recently.
9:53
Now it's about to be 6 months soon since the seven and a half
9:57
thousand dollar loan come down to 18.
10:00
There's a chance we're not going to break that low.
10:04
There's also a significant chance that we will break that
10:07
low, but if we do break that low, I think it's coming very,
10:10
very soon this month or next month, I would be surprised if
10:15
we break the 17 and a half thousand dollar loan next year,
10:18
I do think it's about to happen and I think Bitcoin is about to
10:22
start its full face again and ironically novogratz is very
10:26
bearish. So it's the opposite of the song
10:29
from From 2018, where I was the bearish.
10:33
What'd he was the bullish one. Oh, man, so let's talk a little
10:38
bit about the next Bowl, right? So, you know, if you look at
10:43
Bitcoins history, it hasn't broken this yet.
10:46
It tends to get boober bullish. Before the next happening,
10:52
right? It starts to pick up and then
10:54
about six months to a year after the happening it goes parabolic
10:58
and then it collapses. Has that puts us on track to
11:02
2024 2025 being the next time or the next Parabola.
11:07
Are you on board with that are the are the site of the.
11:10
So call is the Cycle Theory still in play here.
11:16
Audio better actually forgot to check my audio input before I
11:19
started this thing and I just did.
11:23
It's I don't know guys, tell us in the chat but I could, I could
11:26
hear you. All right.
11:29
How about now? Yeah well I hope more steeper.
11:34
Good. Alright so I I still like the
11:38
Cycle Theory. I know a lot of people say that
11:40
the like Cycles don't really exist but we have a four-year
11:43
having cycle and the four-year having cycle drives the four
11:47
year once every four years hype cycle.
11:51
And I think next year, the hype cycle, the fomo is going to set
11:57
in Having is coming to having is coming.
12:00
Once were one year away. You know, there's going to be
12:03
all these websites, you know, taking down the days.
12:06
You know, we got this many blocks left, we got this many
12:09
days left. We got three months to go eight
12:12
months ago and I think the hype is going to set in and I am
12:16
looking for 2023 to be a big year for Bitcoin to break 100 K
12:23
and we may actually top out before the having it's happened
12:26
before we've topped out before the Having started dropping a
12:28
month month and a half before the having having came.
12:32
We continue to drop because the fomo like just got a super high.
12:36
It would be great if you know we kick off the fomo early next
12:40
year and it keeps going through the having for a full one and a
12:43
half year, bull market, these Bitcoin polemarch is they tend
12:47
to last maybe nine months to 12 months, like 2013, the price
12:52
kind of started moving in January and a topped out in
12:55
November, then. 2017. Same thing.
12:59
We started moving around. January February and we topped
13:03
out in December. So here we are.
13:06
Is one more, you know for years later?
13:11
Well, we in 2020, we did it as well, right.
13:13
Like the 2020 we bottomed in March and by April, we were at
13:20
65k. So again, that's a full move
13:24
from 4,000 all the way up to To 64,000 in less than a year.
13:32
So I think we're going to have another one of these like the
13:36
year before the having it's been happening in 2013, there was the
13:39
year after the having because that first having people were
13:43
nervous, the programmers knew that the having was going to
13:46
work but you know, guys on the street we were like what happens
13:52
when the having the first having comes and that block is Isn't
13:57
half right? Well I like it was an unknown
14:01
and that was really concerning to a lot of people.
14:04
Well like what would happen, like imagine if the first block
14:07
after the next having is still six and .125 Bitcoin.
14:13
That instantly me is that the 21 million cap that we've been
14:16
talking about is gone. Dude, that would be okay.
14:25
So a lot to unpack there, because that's the first time I
14:28
might, my brain is still processing this because I'm
14:31
hearing like the what I'm hearing from other people is
14:36
there still waiting for 2024 2025.
14:41
So this is the first time I hear this Theory and its really
14:43
interesting and anything is possible at the end of the day.
14:46
So if it does head up to back to Okay, in 2023 one.
14:53
First question is, what do you think the top will be this next
14:57
cycle? Right?
14:58
Because everyone thought 100K last cycle.
15:00
Are we just in now? Is it just the?
15:04
The bull runs are just going to be less than packed full.
15:06
So are we, are we going to even hit 200, K or going to hit 150k?
15:10
What are your thoughts? I think at least 125 but I
15:17
wouldn't rule out quarter mil. I, I'm pretty confident that we
15:23
will have caught a Mill by the next having.
15:27
Not this one, but it's possible. We can have quarter mil in this
15:30
one. I Bitcoin.
15:31
Liquidity is really drying up. By the way guys, I wouldn't
15:34
worry about this. Having coming up not to work.
15:39
I was specifically talking about the very first having Which is
15:43
probably why Bitcoin didn't star Rising until after that.
15:47
Having took place in very early 2013 or late 2012 whenever that
15:53
took place. So back then, you know, people
15:56
were a little bit nervous like hey what if it doesn't happen.
15:59
But I'm so here are my two favorite drivers for Bitcoin and
16:07
they're sucking up liquidity out of the exchanges and as
16:10
liquidity gets sucked out. Out of the exchanges.
16:14
Yes, it's easier for some wealthy Wales to push the price
16:17
up or down, but eventually, there was a short squeeze
16:21
because there's just it once foremost.
16:22
That's in there. Just not enough Bitcoin to drag
16:26
the market down and the only place it can go is up.
16:29
So here are my to draw biggest drivers that are taking Bitcoin
16:33
liquidity of exchanges. Number of wallets with one
16:37
Bitcoin in the wallet, one or more Bitcoin in the wallets and
16:42
the number of those Also is rising.
16:43
It's now over 900,000. I think, when it hits a million
16:47
that's an awesome Milestone. Nico you there I'm here I just
16:53
made you full screen. Okay.
16:54
Okay, because you disappeared on my end and I'm like tones going
16:58
to switch from Zoom to restream. He's like and I could tell, I
17:01
know. Ty.
17:02
I am like it. I'm gonna I'm gonna take you one
17:04
off after this year to just like restructure everything and
17:12
probably learn How to use restream because I gotta get off
17:15
YouTube. I got a stream to other
17:16
platforms as well. So restream seems like a good
17:19
option. All right, so the number of
17:21
wallets with one Bitcoin in them, I don't want to sound you
17:25
know like snobby wealthy elitist but one Bitcoin is Affordable.
17:32
It really is globally. One Bitcoin is Affordable.
17:36
I know a lot of people don't have nineteen thousand dollars
17:38
to spare but one Bitcoin should be affordable because if you
17:46
save properly, if you have a decent job even in other parts
17:50
of the world, you should be able to accumulate one Bitcoin at
17:54
these prices now of All right, Tom will be right back.
18:02
Looks like his oh man you're back.
18:08
Oh man, that sucks. You said you were to you're
18:11
saying that one Bitcoin is Affordable.
18:13
What? Bitcoin is an achievable goal
18:16
you know for anyone middle class and there's a lot of
18:19
middle-class people there's you know, tens of millions middle
18:23
class people. So one Bitcoin is an achievable
18:26
goal. You got to realize that if a
18:27
person is able to accumulate one Bitcoin, And they're not
18:31
speculating. I mean that Bitcoin is for a
18:34
long-term purchase. And if you get a choir one
18:37
Bitcoin, you can acquire to bitcoin and we're almost at 1
18:41
million wallets with a single Bitcoin.
18:43
And if it, if the price of a coin drops, I think the number
18:48
of these people is going to rise because we are just talking one
18:51
Bitcoin. These people would love to turn
18:53
their one Bitcoin into to bitcoin.
18:56
And this is the Bitcoin that leaves exchanges for good.
19:00
The other driver that is driving Bitcoin off of exchange is
19:04
lightning Network. There's no over 5,000 Bitcoins
19:08
in the lightning. Network could be more, I'm not
19:10
keeping up with the latest statistics that's gonna double
19:13
very very quickly. Once Bitcoin enters, the liking
19:16
Network, it doesn't really leave the system anymore.
19:19
One strong a lightning Network, you're pretty much committed to
19:22
staying in the lightning Network.
19:24
You're not selling it at Bitcoin, you're not moving it to
19:26
an exchange. That's it.
19:28
And these drivers are sucking liquid.
19:30
Aditi out of the exchanges and once a little bit of football
19:35
hits, I think the game is on. I think these two drivers are
19:40
huge so let's talk a little bit about the macro, it doesn't look
19:46
good. The I think it was the IMF.
19:50
I don't know some of those weird International organizations that
19:54
I'm not going to dig too much into, but they said that they're
19:57
predicting that 2023. We're going to see recession.
20:02
So what are your thoughts on the end?
20:03
Then to kind of tie this into Bitcoin because we're talking
20:06
about Bitcoin, Bitcoin has been asked acting like a risk on
20:10
asset. So if those predictions are too
20:13
true and you know, the FED still hasn't or any Central Bank,
20:17
really hasn't hat. Got a hold on on inflation yet
20:23
and that could possible be forced their hand to force.
20:26
The central bank's hands to continue to remain.
20:28
Hawkish, do you Leave that is an influence on bitcoin because
20:33
Bitcoin has only ever existed in this bull market, right?
20:37
In this macro bull market environment.
20:39
Do you think that could potentially play a role?
20:42
Do you think that could potentially affect the price of
20:44
Bitcoin, perhaps delay the bull market?
20:46
What are your thoughts? I the answer is yes, but here's
20:50
some good news for you, your audience, my audience.
20:55
I actually think that the stock market the risk on assets are
20:58
going to reverse As well. I don't think the massive bull
21:03
market in equities is over. We started this bull market in
21:07
2009 after that, crash and I think it's a current think it's
21:14
over again. I think equities are going to go
21:16
up. I think they're going to go up
21:18
along with the dollar and the FED can continue to be hawkish,
21:23
but they can't be too hawkish. I don't think the FED will raise
21:27
rates more than A quarter going forward to adjust 25 basis
21:33
points. You know, several times a year
21:36
to go up slowly because what the FED is actually doing by raising
21:39
rates is that there are imploding, the fixed income
21:43
Market. If you look at the bond prices,
21:46
when interest rates, rise bond, prices go down, people buy
21:50
bonds, these five year, bonds 10-year, bonds, and 30-year
21:56
bonds. Let's say you bought a 10 year
21:58
bond three. Is it go?
22:00
So your bond has seven more years to go.
22:03
You bought this bond with an interest rate of 1%.
22:06
If you are like now the interest rate is 4%, I think or like
22:12
three-and-a-half soon-to-be for. So your bond is only paying 1%
22:17
people. Buying bonds today, are getting
22:20
four percent. Your bond is getting view 1%,
22:24
and you still have seven years to go in this bond.
22:26
This bond is crap. That's why the price of these
22:29
bonds. Goes down the notional value of
22:32
the coupon. So I think about the it's 1:00
22:37
in the morning and I'm not a fixed income, tighten it.
22:40
But anyway the face value there it is.
22:43
The face value of the bond is not ten thousand dollars
22:49
anymore. It's like 800 700 this is why if
22:53
you look at TLT the bond ETF it's literally crash again
22:59
screenshot Miss. Yeah, you can do anything.
23:01
It's great. It's like Zoom but on steroids.
23:08
Beautiful. so, Okay, cool. So this is the dollar and I do
23:20
think the dollar is going to pull back a little bit because
23:23
nothing goes up in a straight line.
23:25
But if I open bonds and I look at the 10-year ETF it's at its
23:36
lowest price. Since like 2011 this is a crash
23:41
in the bond prices and people smart people have been selling
23:45
this and what do you do with the cash?
23:48
The cash has to go somewhere. I don't believe in an
23:52
everything. Bubble.
23:54
Everything goes down. Real estate goes down stocks, go
23:57
down. But bonds, go down and goes Down
24:00
gold isn't going anywhere. Something money has to go
24:03
somewhere and I think the money is going to go into the equity
24:07
Market into the tech sector into American companies mostly
24:12
because Europe is just totally screwed.
24:16
They have no energy whatsoever, they are going to, I don't know
24:19
how they're going to heat their homes and people with money in
24:22
Europe, they're going to say where our continent are well
24:25
quasi continent is about to implode.
24:29
Where do we put our money? And the safest place to put your
24:32
money is probably in US. Equities.
24:35
Hmm, interesting. So your it's a really, this is
24:41
refreshing because I always the the general consensus right now
24:47
from a lot of the other guys. And you want to show that?
24:51
Well yeah. Well this is the historic.
24:53
Oh, you know what? You know what I'm going to show
24:55
so I just did a presentation. Make sure you open the
25:02
presentation because it was a cool chart in it.
25:05
I did this presentation in Kazakhstan so it was in Russian
25:11
but I'm a redo this in English. Let me go to hit the present.
25:18
That's right, everybody. Tone vase is about to speak some
25:21
Russian. I'm still soon.
25:23
Make a legal. Yeah, well, some countries
25:27
already have Oh, man. Oh, yeah.
25:33
So it's all I talk about how I am.
25:37
I think the bricks are going to be crushing, like, the G7 Kris
25:42
thought. What is, what is breaks for?
25:44
Anyone that doesn't understand what that means.
25:45
Oh, Brooks is the economic Union.
25:50
Well, economic collaboration between B is Brazil.
25:54
Are is Russia. I is India.
25:59
See is China. And so non-western non-western
26:04
countries. Yeah, so South Africa, doesn't
26:06
really contribute. Anything useful to whom to the
26:10
their Collective GDP. Like if you look at What these
26:17
countries producing and this is really interesting actually, not
26:21
to dive too deep into politics. And the projections were this is
26:26
an article from 20 30 2018. That had projected that the
26:32
bricks would be well GDP PPP purchasing power parity is the
26:39
better metric and it was predicted that in 2016 they were
26:45
about the same Bricks versus the G7 of the G7 is a group of seven
26:51
countries, its US Canada, UK Germany, France, and Japan.
26:58
I believe. But there is a there's a map,
27:01
I'll show you guys in a second and so it's seven countries
27:04
versus five countries. So the southern countries have a
27:07
little bit of an advantage and it was still seeing that based
27:11
on purchasing power parity of their GDP.
27:13
The bricks would start to crush The G7 countries, the
27:18
traditional powerhouses in the economy by 2023 covid said, a
27:23
lot of it back but even already here in 2022, the bricks are
27:28
doing better now. China is still somewhat like
27:31
down and I can go into my conspiracy theory as to.
27:34
Why Russia is in a little bit of trouble economically as well.
27:39
Not even so much from the sanctions the sanctions hurt,
27:44
but I think the thing that hurts Russia, Even more right now than
27:47
the sanctions is once they announced mobilization.
27:50
Basically almost like the draft. A lot of Russians are just
27:55
leaving Russia like probably almost as many people love to
28:00
Russia as left Ukraine though and more Russians are trying to
28:05
leave. So Russia is losing a lot of
28:07
people and that would certainly affect their G.
28:09
Okay hold on. It's like because that's really
28:11
interesting and this does really to bitcoin as well.
28:14
So you're from the school of thought that this war will
28:17
continue to escalate the West is just throwing money at it.
28:21
So they're not D escalating to. This could potentially be
28:26
really, really bad. I just want to remind everybody.
28:28
Russia holds. I think it's the number one
28:30
nuclear Arsenal in the world and the United States is a close
28:35
second. So I mean, I think we have much
28:39
bigger problems than Bitcoins volatility at that point but
28:44
What does does not worry you? I mean mobilization May simply
28:49
means drafting people to go to war, basically.
28:53
Pretty much look. It, it worried me from day one.
28:57
No one seemed to be worried about this military conflict.
29:01
I've been worried about it from the start and I don't see an end
29:04
to it anytime soon. Personally, I mean, I would love
29:07
to be wrong. I would love for there to be an
29:09
end to this very soon, but it doesn't look like there will be,
29:13
so it is something we need to deal with for the future.
29:18
I at the moment, I don't think it's, it's gonna go Nuclear at
29:23
the moment. I don't.
29:26
But it worries me based on who's in the White House.
29:29
Because he doesn't know what day it is and who knows?
29:34
Who's really pulling the strings back there?
29:37
Man, it's scary. But I mean, what do they really
29:39
have to gain from? I mean, no one wins their right.
29:44
I think it's in the, what was the term that they call it?
29:46
They called mad mutually assured destruction who function.
29:49
Right? Who really wins in that in that
29:52
scenario? Do they?
29:54
I agree. I agree.
29:58
I don't know, I don't know. These are Very, very crazy times
30:03
that were living in. We weren't around in the 60s
30:06
when this was the last time we were this close.
30:10
So we'll see, I was so haven't kept up with the news.
30:12
I've just been too busy with the events, the these, the two-day
30:15
event in Kazakhstan and then immediately came to the by.
30:17
And then I've just been here at this 3 Day event, then I have a
30:21
different tomorrow will be my first day, but I gotta catch up
30:23
on other stuff now, geopolitics. But going back to the bricks for
30:28
a second. There's a great article.
30:31
I'm referencing the article. I strongly advise people to go
30:34
and check it out. It's pretty recent, it's 2022.
30:38
And it just talked about like where the bricks are
30:43
outcompeting the west and it's super interesting.
30:47
So here to the article talks about how western-style liberal
30:51
democracies which is you know where you get to a lecture
30:54
politician and anyone can be elected you know from a movie
30:58
star to a comedian. To you know a Donald Trump,
31:04
these western style liberal democracies are on a major
31:07
Retreat all over the world including the US.
31:11
The US will never let Trump or anyone like Trump win again.
31:14
So the article hits it right on the money that the world is
31:18
trending towards non liberal democracies like the United
31:23
States like Canada. The are becoming more like
31:29
Russia China. I'm in the UAE.
31:31
You know there's no elections here.
31:33
The world is trending in that direction of where you get
31:38
leaders that could be re-elected and re-elected forever and they
31:41
kind of control the voting situation but here is where the
31:46
bricks are competing energy is Russia rare, earth metals,
31:51
Russia and China food, Brazil Russia as well, actually
31:56
research and development, China cheap Goods, China effective
32:00
Mass, Production China pack Talent, India, fertilizers,
32:06
Russia, English-speaking, India, again billion people, cyber
32:12
military, and space technology again Russia and China.
32:15
And if you look at them in terms of military as well, I know the
32:21
bricks is not a military Alliance but you combine the
32:24
military of Russia. China and India, and it's a
32:27
massive Force. It's a bigger Force than
32:29
anything. The West ask all the way, Has is
32:33
do United States and Turkey and I don't even know how long
32:36
turkey is going to stay connected to the United States
32:39
instead of flipping to the bricks.
32:42
But that's a I was going to talk about that later but here's the
32:45
most interesting part in this article and they pointed out and
32:49
they hit it right on the money. The only major pillar they lack
32:53
and I will just reading in the part in the blue.
32:55
The only major pillar. They lack is the young creative
32:59
talent to develop. The future economy, they will
33:03
never have, they will never have that in an autocratic command
33:09
and control system. They produce armies of worker
33:12
bees, but not the out-of-the-box thinkers that Rebel so and
33:18
that's huge. So China and to a much lesser
33:25
extent Russia and to a slightly lesser extent India.
33:31
They don't have that out-of-the-box thinker like
33:33
they're not going to have that College Dropout to go and build
33:38
some creative product. This is why China is so good at
33:42
copying, other Innovative Technologies and but they're not
33:47
exactly leading the way in. Let's just say, Uber would have
33:51
never come out of China, but it came out of the US and if most
33:57
of the world does become this autocratic, 1984 world where
34:03
everything is like being controlled, then you're never
34:06
going to have another out-of-the-box thinker and then
34:08
we're not going to have any more breakthrough Technologies unless
34:11
they are completely Anonymous based kind of like what Satoshi
34:15
did with Bitcoin. But then again, if every single
34:17
kid is going through these super controlled systems, like if
34:21
you've seen the recent videos coming out of China like their
34:25
surveillance technology is to such a point that they have
34:28
cameras in the classroom with kids.
34:31
Kids like nine ten year old kids and they can tell by the kids
34:36
facial expressions during classrooms, that something is
34:42
wrong and the kid is not thinking, like the teacher wants
34:46
him to think. It's crazy.
34:50
It's so they can identify that from the camera of your facial
34:55
expression. Yep.
34:57
And I'm pretty sure that Western Elites fell in love with that
35:01
model and their love. It Salve eating at the mouth to
35:05
try to bring it to the US. Here's an example.
35:08
Before we move on with your presentation and I want to get
35:11
your thoughts on this. Was it a couple hours ago?
35:15
It's from disclosed on TV when a little viral on Twitter Jury
35:19
rules Infowars, Alex Jones, must pay more than 900 million
35:24
dollars in Damages to Sandy Hook families.
35:27
And the reason for that is they're trying to shut them up.
35:31
They're trying to scare him. They're trying to coerce him
35:35
because he goes against the narrative.
35:37
Whatever you feel about Alex Jones.
35:40
Look the United States. We said that Iraq had weapons of
35:45
mass destruction. They did the country completely
35:49
destroyed it and you don't see any of the leaders that were
35:52
responsible for that the New York Times being liable, 900
35:56
million dollars and it's what you said, tone.
36:00
I wouldn't, I could never have imagined this in the United
36:03
States of America who's the first amendment is literally
36:07
freedom of speech. So anyways, right, well I
36:11
couldn't agree more and that trial was a complete joke.
36:15
It was a complete and utter joke.
36:17
Joke. But people don't realize I like
36:20
we do see these videos coming out of China and we don't know
36:24
what's the truth and what isn't the truth.
36:26
But people have to realize that like the size of China is
36:31
smaller than the continental US like nabbing counting Canada.
36:35
Like the kind of yours is slightly bigger than China.
36:38
And yet, China has the same number of people as America plus
36:42
a billion people. Well II, it's hard to
36:46
comprehend, How many people that is and like, that's going to be
36:51
the future, it's going to be China.
36:52
It's going to be India. China's birth rate is and high.
36:56
India's birth rate is still pretty high.
36:59
I mean, that that will be the future.
37:02
And if you do compare, you know, India, China plus of Russia's
37:05
military, it it crushes, NATO. It really does.
37:11
And like, you don't want to, you don't want these countries to
37:14
get the other. So, what I did was, I took a
37:18
look at this map and these are all the NATO countries and plus
37:23
Japan. So, that's the G7 kind of plus
37:26
NATO. And then this is all of the
37:30
other economic collaboration between nations.
37:36
So, these are all of the other economic unions.
37:39
So, only China has a like, our Union with Europe and notice
37:44
that like, Germany and France. Spain, you know, the big
37:48
European country that think they still rule the world.
37:53
They are not part of it, it's only Eastern Europe.
37:58
And once you combine that, with this interesting map, which is
38:05
which countries voted that Russia did not violate human
38:10
rights by invading Ukraine. So anyone that's in blue voted
38:16
that Rush? Russia is in violation of Human
38:19
Rights. Anyone, that's in yellow said,
38:22
they don't want to vote because they don't want to, you know,
38:25
they still want to keep relations with Russia and anyone
38:29
that voted read all the countries in red said that
38:33
Russia did not violate human rights.
38:37
So obviously all of the NATO Nations, including turkey voted
38:44
with, you know, the United States and Europe and Ukraine.
38:48
Against Russia, but other countries including the Republic
38:52
of Georgia which Russia invaded in 2008 for similar reasons that
38:59
they invaded Ukraine like they didn't want NATO on their Border
39:03
in these countries even Georgia voted with Russia and
39:07
Kazakhstan. Rogers came from voted with
39:09
Russia. Now, a lot of the people in
39:11
these countries are very angry at Russia and they would not
39:14
avoid it this way, but the country's leadership did,
39:17
Obviously Iran, Saudi Arabia and the UAE where I am, they
39:21
abstained, India, abstained, Mexico, abstained.
39:25
Venezuela, abstain Indonesia, abstain, and these countries are
39:29
super important. So when I combined, when I just
39:33
did a, you know, just took a look at all the possibilities.
39:37
And I took a look at what the future looks like, like, which
39:41
global country will one day soon side with The bricks which is
39:48
Russia China. India, Brazil side with the
39:52
bricks because the West is collapsing versus which
39:55
countries would probably side with North America.
39:58
Mostly from an economic perspective.
40:00
Not a military not not, not a global war military saber from
40:04
an economic perspective and this is the map that I have.
40:07
So if I mean dark red is, you know, they're already part of
40:12
the brics light red are the countries that would would
40:16
rather I I believe side with the bricks then the West I did put
40:22
Mexico as fighting with the West because if Mexico suddenly
40:28
became a military Alliance and an economic alliance with
40:32
Russia, the US military would invade Mexico.
40:36
Pretty much the way Russia invaded Ukraine.
40:39
The same exact thing would happen to Mexico by the United
40:42
States. If Mexico was to suddenly
40:46
cooperate with Russia. And you know how Russia send in
40:50
weapons and Military assistance into Mexico and but here the
40:57
countries that although that's basically my list that I was
41:01
putting together, but on a map Venezuela, I'm watching
41:05
Venezuela carefully. Joe Biden went to the Saudis to
41:10
try and get oil out of them and they kind of laughed at him and
41:13
said no. So now he's begging one is way
41:16
left to give Loyal to the United States.
41:19
So, that the United States can sell extra oil to Europe either
41:22
way, Europe's getting screwed. So, Venezuela is a key country,
41:25
I think turkey and hungrier key countries.
41:28
They are members of NATO. They are our European World
41:32
outs, European Union. This is both, there is a members
41:36
of NATO and I think if any country switches and gets out of
41:41
NATO and potentially leave the European Union, it would be
41:44
hungry a country that could potentially leave NATO.
41:47
There is turkey, they have a pretty good relationship with
41:50
Russia. And if they have to be forced to
41:55
choose sides, it would be interesting what they do and
41:59
Saudi Arabia. And Iran are two very be
42:04
importing countries, but they hate each other so I don't know
42:07
how they're going to get along in the same Union in the same
42:11
economic Union. But if Putin let's say Brokers a
42:15
peace deal between Iran, And Saudi, I know people say it's
42:19
impossible, but Trump brokered a peace deal between Israel and
42:23
the UAE where the Israeli National Anthem was played at
42:28
the Abu Dhabi Palace something that people also thought was
42:32
impossible. So impossible things can happen.
42:35
And finally, perhaps the most important country is Indonesia,
42:39
Indonesia has a higher their purchasing power pretty GDP than
42:45
even the UK. And Brazil and France and this
42:50
country also voted. Yes, they did not want to vote
42:53
against Russia and that is a country that if they flip and
43:01
join an economic Union with the bricks.
43:03
I mean, it's the West is gonna is the West is in trouble
43:07
economically, all they have is the pan, Which is having its
43:10
issues Australia, which is still a lock-in, kind of a lockdowns.
43:17
You know, Europe can't those have the energy to heat
43:20
themselves and the US isn't a giant political battle.
43:23
Trying to figure out if there was 800, genders or 801 and we
43:29
all know about Canada, you can't have a bank account if you
43:31
donated 10 dollars to a trucker. So like what what is the West
43:36
clinging to at this point? Meanwhile, those my hope is
43:41
Bitcoin. That's my hope for all.
43:43
Yes. So getting back to how I got
43:46
into this present. I didn't mean to talk about
43:48
geopolitics but this was a chart I put together back in 2017.
43:54
I think early 2017. The only other time I showed
43:57
this chart on a presentation. Actually make this fullscreen.
44:01
Make this bigger and this is my history of the S&P 500 and it
44:08
goes through these stages of 15 years of no movement.
44:13
And it happened back Around the FED creation.
44:16
It happened back in the 30s and 40s, it happened in the 70s and
44:23
then it happened in the 2000s, 15 years and the price, you
44:28
know, stayed about the same and every time it breaks out tends
44:33
to go up 10 x. And here we are, and during the
44:36
move to 10x last time, we have a crazy catastrophic event of the
44:41
1987 crash where the stock Get lost, 23 percent, in a single
44:46
day and we had ours this time as well, covid where this alarm
44:50
stock market just crashed because of a lockdown.
44:52
And I still have a pretty high Target here.
44:54
And if we have high inflation, that can help the stock market
44:58
rise because a stock market still goes up with inflation.
45:01
So like I said, the first time I showed this chart was at a
45:05
presentation in an orca. Poco the same one that I have a
45:09
cameo in the show, the apps. I know you don't have time for
45:12
TV shows. Did you watch the anarchists on
45:15
HBO? That's the one that you
45:18
recommend is, right? Yeah, I saw the kongfu one in
45:23
San Francisco. That one was freaking awesome.
45:26
Are you sorry? So both seasons.
45:28
I saw yet. Why they cut it short.
45:30
It that kind of bummed me out a little bit.
45:32
No, no Cole that Colvin. No, she didn't.
45:34
He's coming. He's coming okay.
45:35
Okay, yeah, that's a good boy, the I recommend it now or your
45:39
teacher feels Warrior, great show.
45:42
But yeah. So okay a lot tone.
45:46
No, no one. So this is my 2017 picture is a
45:49
lot to unpack. My 27 team picture.
45:55
It was right here and my target was 75,000 the Dow and Here is
46:01
the picture now. So, that's the 2017 picture.
46:05
And here, we are 2017. We were right here, and here we
46:10
are, and we're still going to go higher on the S&P, I don't know
46:13
what you're going to drive it. But, you know, the TA picture
46:17
here says, we need to go up like like we did in the 20s before we
46:22
have a catastrophic crash and we're not doing that is just
46:25
slow and stead. All right, I'm going to leave it
46:27
there. Ask your questions.
46:28
I'm going to cut screen, share on this one.
46:31
You give me a whole presentation.
46:33
I like it. You gave me so much Source
46:34
material. Okay, so tone, based on what
46:38
you're telling me, it looks very bad for the West.
46:41
It looks more positive towards the east.
46:46
We're we've been living in a unipolar world.
46:48
I really since World War Two, your theory of the case is that
46:53
world is dead. And now we're moving into a new
46:56
world. I think, pretty much how do I
47:00
get? Are you calling?
47:03
Okay, I'm off screen shot. Okay, there we go.
47:05
Yeah, we're definitely moving of where we have been living in a
47:09
unipolar world for the last 30 years where the US was, the only
47:14
Global superpower and that is coming to an end depending on
47:19
how Russia and Ukraine situation ends.
47:23
We're either going to go back to a dual power world of Cha-Cha us
47:29
China or a triple China Russia and us.
47:36
And because of us is stupidity of turning an enemy out of
47:41
Russia, instead of a friend, it will be Russia and China against
47:45
the US, and that's not good. Yeah, and that's actually not
47:50
the first time. I've heard that argument about
47:53
turning rush into an enemy. I think ideologically speaking
47:57
Russia has more in common with the us and it does with China.
48:00
So I guess from one perspective of the country, the other
48:06
perspective not so much but yeah, no, I agree with that.
48:10
So I'm going to take it back to bitcoin because we got about 15
48:14
minutes left. Where does Bitcoin play in all
48:16
of this. If we are moving to a more Or at
48:19
aquatic World autocratic, world autocrat, don't like Freedom.
48:25
Bitcoin is freedom. Enabling technology, how they're
48:28
going to react to this. I mean, do you saw the white,
48:31
the white house report, the digital assets framework, right?
48:37
Well, no, but I can imagine what it said, you know, they
48:41
autocratic. They don't like Bitcoin and yet,
48:44
Russia just said that Bitcoin is perfectly fine and legal for all
48:48
International transactions. Well, the Triad over there,
48:51
trying to get around us sanctions, right?
48:53
Right. And after Russia said that the
48:55
next day, guess what? You're upset, we're going to
48:58
make Bitcoin transactions illegal, right?
49:00
So again, who they turn ships versus democracies Of democracy
49:07
seem to hate Bitcoin War. I mean, but I think that's the,
49:12
that's one of the beauty beauties of Bitcoin, right?
49:14
It exposes everybody's incentives.
49:17
They call number kailia, dictator and nine book.
49:21
Kelly's country is a lot more freedom than the u.s., you know,
49:24
right. And I'm here in Dubai, I'm here
49:27
in the UAE, the biggest Bitcoin conferences are here as well
49:32
like other than Bitcoin 2022 or Bitcoin. 123 the next biggest
49:39
ones are here Pacific. Then again, November Pacific
49:43
Bitcoin November is going to be pretty dope to observe a
49:45
Bitcoin. Yeah.
49:46
That one's going to be the that was going to be pretty big, but
49:51
I've been to conferences, here in the UAE, with thousands of
49:54
people to 3,000 people as well, and again, not a democracy.
50:01
And yet, not only, are they perfectly, okay, with Bitcoin?
50:05
They seem to be Even okay, we should Quince mmm.
50:10
Interesting. So why is this happening tone?
50:13
Is this? The moral decay of society is
50:15
the West is the West? Not?
50:17
Because, like, if you look at Russia for example, Russia went
50:22
through had the thing is like 70, 80 years of collectivism, to
50:29
put it lightly the day, learn lessons from the past.
50:33
And I think it was sort of the Nets and actually regard the
50:36
author of Gulag archipelago. It's not as books because one of
50:39
his interviews where he said that the West has not learned
50:44
the lessons of the East, right. Do you think that's the case or
50:50
do you and I also approached it from another angle to is, if you
50:54
look at, you know, some of the last days of the Roman Empire,
50:58
you kind of saw something similar with the moral decay of
51:02
society and you could make a pretty good argument that it was
51:05
due to the money being broken. It was the fictitious money.
51:09
It was this idea in people's minds that money grew out of
51:12
thin air. Right.
51:14
So you know, we have incredible work by Jeff Booth and other
51:19
authors and other bitcoiners that are making the case.
51:21
That if you fix the money, fix the world.
51:24
If somehow the US government you know gives up that privilege
51:29
that Monopoly on the creation of money.
51:31
Do you see hope for the west or do you believe that they're so
51:35
entrenched? I think the last time you came
51:37
on the show we had an awesome conversation.
51:40
You were making the theory that the u.s. is going to divorce.
51:43
It was there's going to be a breakup of the u.s.
51:46
I think that's the best hope II. Don't see it II don't see the
51:51
West turning around the West husband.
51:56
Moving towards collectivism towards Marxism.
52:03
Yes. They're still elections.
52:05
Yes, they're still democracy. But how good is your democracy?
52:09
When all the people have been somewhat brainwashed into full
52:14
socialism? Democracy doesn't mean much, but
52:19
not everyone. So our us divorce.
52:22
I think is the best option going forward.
52:27
Hopefully this divorce would be nonviolent.
52:31
Hopefully half of the United States would be able to split
52:35
into a different country and go in some way.
52:37
But with that comes the collapse of the dollar.
52:41
So I'm not expecting this anytime soon.
52:44
But well soon like by the end, The decade, but towards the end
52:48
of the decade, not, you know, not coming up at this having.
52:52
But so I think that is the best option that is the best option.
52:56
I'm hoping for that is what. That's one of the things that's
53:00
kind of keeping me from somewhat surrendering that u.s. passport
53:04
for a for hope that maybe Florida and Texas will convince
53:09
all the states in between and take a piece of California.
53:12
Just for that outlet to the Pacific Ocean.
53:16
Maybe take the San Diego area with them and that becomes, you
53:21
know, a separate country and all the socialism can stay up north
53:25
and the more traditional American values can stay down
53:29
south. Yeah, but you and I both know.
53:31
Okay, you and I both know, it doesn't work like that in terms
53:34
of the collectivist stay up. North stay there.
53:38
Don't bother us down here. That's not how they work man.
53:41
It's it's and you and I both have experienced this, right?
53:45
You come from. You're born in the Soviet Union.
53:48
I come from Venezuela so you and I both know that that's not how
53:53
it works man. These people.
53:55
And what I mean that I mean the people that believe in that
53:57
collectivist ideology they play for all the keeps and they don't
54:02
want people to leave. Look at the example in Cuba,
54:06
where Cubans have to get on a raft, look at the example of
54:09
East and West Berlin, people were willing to jump over a
54:12
wall, it's usually not a good sign that your ideology.
54:16
Is all a wall or a notion to keep people inside.
54:21
But the reason I'm bringing those examples is because you
54:24
can never underestimate how far they're willing to go for power.
54:31
Oh, yeah. No, I agree with you.
54:33
Like, I like, it's gonna be that the world is going to change and
54:38
I think it's inevitable. Look, if, if a single strong pot
54:44
Nation, can hold the world together, you know, we'd all be
54:48
Romans or Greeks, you know, it just doesn't happen or, you
54:53
know, Brits, it doesn't happen America's, you know, America's
54:59
turn to control the Is ending and we're witnessing it before
55:03
our eyes. And if it wasn't for Bitcoin, I
55:06
have no idea what I would be doing right now.
55:08
Mmm. Yeah man.
55:11
It's it's really scary time so but you're making the case that
55:17
all of this stuff what you're describing is good for Bitcoin
55:21
but how so it wouldn't you believe that for these autocrats
55:26
for these totalitarian state. You would think that that's the
55:30
but it's what you said it's really interesting is that the
55:32
countries are supposed to be liberal.
55:33
Democracies is the ones that are showing the most hostility and
55:37
right. Yeah.
55:39
Yeah, it's it's interesting and that's the crazy part.
55:45
Are they doing this out of? Because it's convenient once
55:49
they get power. Do you think they'll just take
55:51
another tone? What do you mean once they?
55:57
So let's say once they get the us out of the way and you know
56:02
the effectiveness of us sanctions, do you believe that
56:04
they'll change their tone on bitcoin?
56:09
Well. I'll Salvador won't write
56:15
Russia, maybe maybe not. Right.
56:18
Like when a country Embraces Bitcoin, they like look at all
56:23
Salvador. Like Max.
56:24
Keiser is living there. Other people want to live there
56:27
when I moved there. So, once a country realizes that
56:30
they get all this Talent, the older people, man, like, so many
56:34
people are moving to the UK, the UK.
56:36
So, the UAE where I am right now.
56:39
The only reason why I'm mericans, huh?
56:41
Have not fled to Dubai is because it doesn't give them a
56:47
tax break. If you're an American is a
56:49
matter where you live but you still have to pay the same
56:51
amount of taxes. So for Americans moving to the
56:54
by doesn't do anything, but for European moving to the bias
57:00
huge. That is why all the wealthy
57:02
Europeans? Well, the intrapreneurs they're
57:05
all moving to the by and like if If a country like Russia or
57:13
other countries want to attract young Talent.
57:18
After this military conflict is over, they'll have to embrace
57:21
Bitcoin. They will have no choice as much
57:24
as we hate should coins. The Metro, we hate all this
57:26
stuff and have teased. The latest thing is play to
57:29
learn like I go to all these events like I'm on these panels
57:32
arguing with these guys as much as we don't like it as Bitcoin
57:36
maximalist. This I mean this is It's drawing
57:42
in the money. This is what's drawing in people
57:45
that want to try and innovate. I mean, yeah, they innovate
57:48
through shit coins. And yes, there's a lot of
57:50
scamming going on but you know who knows like one in a thousand
57:56
of these projects is going to be successful and that's where all
58:02
the young kids are drawn to and one of these days and other
58:07
Geniuses going to build something through a chicoine.
58:11
I mean, So honestly it's just it's just inevitable.
58:14
I would never place a bet on it because it's one out of a
58:16
thousand and everyone thinks there should coin will succeed.
58:21
But I mean, it's never going to top Bitcoin didn't even compete
58:25
with Bitcoin, they're not competing for money.
58:28
They're basically Unlicensed unregistered Securities.
58:33
But remember if my future of the u.s. breaking up the concept of
58:38
a security is gone, there is no sec to police the world, so the
58:42
world becomes tokens. Mmm, the world becomes giant
58:47
shit coin casino, right? Hmm.
58:52
Well tone I really enjoyed that you sent me down a rabbit hole.
58:58
You had opinions that were contrary to the general
59:02
consensus right now and I really appreciate that.
59:06
I think it's an interesting theory about the u.s. breaking
59:09
up you know me and you talked for hours in private about this.
59:14
Let's see. See where the cards fall.
59:17
But I think the thing that we can agree on at the end of this
59:20
is It's still bright orange future to steal Cory's line for
59:25
Bitcoin. Yeah, no, I couldn't agree.
59:31
More. Awesome.
59:33
All right, man. Get some sleep.
59:35
It's what 3:00 in the morning of it?
59:38
No, it's only 2:00 in the morning.
59:39
Yeah, you shows an hour actually.
59:41
Watching the live shot, those a few good questions whenever got
59:44
to but that's okay. I'll try to screw it.
59:47
We can we can hit them if you want.
59:50
Oh, there's a lot. Oh, here we go.
59:54
Said he. Oh hi tone.
59:55
Got to go entering another meeting off the question for the
59:58
weekly Mas. And another stream.
1:00:00
What are the meek move? Is that moving averages?
1:00:03
Yeah, no. I'll talk about that on my price
1:00:06
stream when I do it like today, or tomorrow, let's give that one
1:00:09
anything else. Yeah, coin, I love when people
1:00:12
say that it's not real. Socialism this is related to the
1:00:15
toilet arianism, not socialism United.
1:00:18
You Soviet Union was a totalitarian, my friend.
1:00:22
It always ends the same way, dude.
1:00:26
Okay, here we go. Gold got popularity because of
1:00:31
global Commerce. Not is the time for Bitcoin.
1:00:35
Interesting. Okay.
1:00:38
Well like you said, there's so many comments that it can't
1:00:41
really find any. Any questions.
1:00:43
Oh, Guillermo kind of threatening me Nico will become
1:00:47
a shit. Goin hot alert never bro, this
1:00:49
is simply Bitcoin Bitcoin Bitcoin ride or die.
1:00:53
I'm either going up with the shipper going down.
1:00:55
Oh we got one last one from Diaw.
1:00:59
Jinnah Stone. Do you run a full node yet?
1:01:03
I used to run a full load, I somewhat have a full node.
1:01:06
I, you know, surprisingly I'm I still use Fiat mostly because of
1:01:16
because I'm a public person and for tax reasons, I haven't gone
1:01:20
out of it again, I will have some incredible stuff to say and
1:01:26
things I do. Once I no longer have to pay
1:01:31
those taxes but I thought I like to keep my life simple and I
1:01:38
still use the traditional Financial system.
1:01:41
I try to keep a little money and PayPal as possible.
1:01:45
But so, at the moment, I travel so much and I am just never in
1:01:52
one place. It's a hard to run a node, you
1:01:54
can do it again. Another thing that I want to,
1:01:58
you know, get going in the first quarter.
1:02:01
You still want a full node when I was more than one Place.
1:02:03
But at the moment, I have no home.
1:02:05
So because I have no home. I thought her, I do have my own
1:02:09
internet connection like open ports.
1:02:13
So it's a chat, it's a technological challenge, I
1:02:16
haven't, I haven't solved yet. How to travel with a note?
1:02:22
You should check out noddle virtual private server.
1:02:25
You can run a novel anywhere from.
1:02:26
Yeah, I know but it's a big box to carry with me.
1:02:30
No, no, I'm you don't have you don't have to Carry a piece of
1:02:33
Hardware, you connect to their server and it's encrypted right?
1:02:37
And you could run your own node that way, I know but the point
1:02:41
is not to connect to someone else's server, right?
1:02:44
Yeah. I mean there is a there is some
1:02:46
trust there but the reason I say that is because it's perfect for
1:02:49
digital Nomads like yourself. So I'm going to work on the
1:02:54
solution. I'm actually going to check out
1:02:55
what start9 has with that new box that they're coming out
1:02:58
with. Yeah I said that you need a
1:03:00
plug-in somewhere with that one. So I will see.
1:03:06
I'm going to talk to mr. Hodel about it.
1:03:08
He's my he's my go-to Consulting Guru on things like this.
1:03:17
Interesting. All right.
1:03:20
I think we have a question from rehabilitator.
1:03:22
He answered this in the beginning bro.
1:03:24
Tone you want to give a quick quick reply to that?
1:03:28
What is it? The stones?
1:03:30
See a relief rally in December. Then crash again.
1:03:35
No, I actually see a rally starting this month or next
1:03:41
month and I see us continuing bullishness in December.
1:03:45
I'm really bullet right now. I don't know what God's is very
1:03:47
bearish and I'm bullish. So someone should do the remake
1:03:49
of that song. I haven't even heard the first
1:03:53
song anyways, tone, I don't want to take more of your time.
1:03:56
I really enjoyed this. Every time we come on.
1:03:59
We have a chat. It's a great time.
1:04:01
Hope to see you again soon around around and about why
1:04:06
don't you tell everybody where they could find you people
1:04:09
watching on tones Channel? You already know that answer but
1:04:12
people watching on Sim please either Twitter or YouTube You
1:04:17
can tell everybody what you're working on.
1:04:19
What's going on. You should show the financial
1:04:21
summer at Summit. Oh, yeah, yeah, forgot.
1:04:25
All right, one more screen share guys, and Oh yeah it's not a
1:04:32
double click on this one. Yeah so those of you watching on
1:04:36
my channel would already know. So the financial Summit is an
1:04:40
Eco was that the last Financial Summit in the Dominican
1:04:44
Republic. Our next one coming up is in
1:04:47
Bali, this is the gorgeous Resort, we will be staying in,
1:04:52
it is designed for the financially inclined Traders
1:04:55
money managers. DC's just High net worth
1:04:59
individuals that have been successful looking to To talk to
1:05:02
people and it's a five-day, basically a five-day
1:05:07
brainstorming sessions on how to invest, how to best to invest
1:05:11
your hard-earned money. And that's what we're doing in
1:05:15
Bali, November 126 still time to sign up.
1:05:19
Still have a few days left. Now, you can find me all over
1:05:24
social media, YouTube, Twitter, Instagram, everything is tone,
1:05:28
vase and Nico for my audience. This way, actually me on my
1:05:32
channel, tell them more about yourself and simply because I'm
1:05:38
giving you shit on my own stream.
1:05:39
I love it. Yeah guys, you can find me, just
1:05:43
search simply Bitcoin on Twitter or on YouTube you'll find me and
1:05:46
if you want to follow my personal account b, v 7 on
1:05:50
Twitter, you'll find me as well. Really enjoyed it.
1:05:53
You don't have to be that financially inclined to go to
1:05:56
the financial Summit, because I'm just a toxic Bitcoin Maxi,
1:05:59
that just likes to stack. And And I had a great time,
1:06:02
right? Drinking you had poker games.
1:06:06
I'll leave it at that without getting into too many details,
1:06:09
but it was a great time. I definitely recommend it.
1:06:11
I want to go to the ballot Bali when I can't go this year
1:06:14
because the the rest of this year's going to be fucking
1:06:16
crazy. I go to New York in two weeks,
1:06:18
then La for Pacific Bitcoin, then I go to Colorado.
1:06:21
For the end of the year, I'm gonna be all over the place.
1:06:23
I can't really travel, but definitely in the coming years
1:06:27
tone. Thank you so much for coming on
1:06:28
my friend and I will see you around.
1:06:31
All right, a in New York I can recommend you.
1:06:34
My favorite steak house, you can meet some of my friends.
1:06:37
You can take my place when we go there.
1:06:39
When you go there and let it be streaming live from tone vases,
1:06:42
this apartment. Don't simply Bitcoin live from
1:06:46
tones. All right guys I'll see you guys
1:06:48
later. I'm gonna play the a tro tone.
1:06:50
You could stay not stay. It's up to you bro.
1:06:53
All right, it's gonna take 30 seconds.
1:06:55
Let's do it.