Latest / Simply Bitcoin / $118B GIANT CONFIRMS $400K Bitcoin is COMING!! | EP 1323

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$118B GIANT CONFIRMS $400K Bitcoin is COMING!! | EP 1323 · Simply Bitcoin

• 0:00
  Gold just broke out of record highs, confirming what the CEO
• 0:05
  of $118 billion firm just said about Bitcoin. 400K Bitcoin
• 0:12
  might be coming quicker than you think.
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  Let's watch the clip before you guys throw your tomatoes.
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  The level of outperformance on every time frame imaginable off
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  of what people still think is just imaginary funny money
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  nonsense. It's so common.
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  Sense it's digital gold right there supply is unlimited,
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  people have a demand for that kind of stuff and it has hit
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  escape velocity like in in the mid teens.
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  So by 2017, like there was a little chance that anything was
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  going to catch up to this right? Millions of people had already
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  adopted it. And then if you just say, OK, it
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  becomes half the value, market value of gold, boom, that's
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  $400,000 in Bitcoin. Like it's not like a crazy, like
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  it's just kind of stuff. Sounds easy enough.
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  It sounds easy when you say it in a clip like that.
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  Now the road up to that will probably be a lot harder than it
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  then we can really just say in a in a short clip.
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  But the crazy things that we're seeing is this was said a little
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  while ago and I think this was last week.
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  And what we're seeing play out right now in the gold and bond
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  markets is from my perspective as a Bitcoiner and I'm kind of
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  becoming, you know, the quote UN quote macro expert here it is.
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  It's very interesting stuff. Now I'm going to go through, you
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  know, a Gold Bond saga right now and I'm sure you're going to
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  tune out because you're like I came to the show about Bitcoin.
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  But this is telling us a lot of information of what is happening
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  right now and kind of the precarious nature that we
• 1:43
  currently find ourselves in. So let me.
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  Start the saga here and of course Nico's here with us.
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  Of course, I, I, I couldn't be doing this without Nico here we
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  have the first kind of data point and pomp tweeted this this
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  morning or sorry yesterday night and he goes gold is up 70% since
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  the start of 2024. The market is telling you
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  something, are you? Listening, so you can see here
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  the gold futures at 3545, up 83% the past five years.
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  As we saw in the tweet, it's up 70% since 2024.
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  So in the last year it started ripping.
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  Now what is this telling us about the market?
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  Historically, gold is kind of that hedge against inflation,
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  against losing trust in the institutions.
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  But as you heard the Vanek CEO say, we know that right now a
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  lot of people are looking at Bitcoin as digital gold.
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  Now, why is that is because the narrative of Bitcoin as in hedge
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  as a hedge against inflation, as a hedge against the traditional
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  financial system, these are narratives that people can latch
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  onto. This is a narrative that people
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  can understand. This is, you know, a metaphor
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  for what is going on, though. I believe and we believe here
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  and probably you believe in the chat that Bitcoin is much more
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  than digital gold. You guys heard me say this on
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  the show for a while. I don't really like the digital
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  gold meme, but it's something people that it's it's a
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  narrative that people have latched onto.
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  So I'm going to go to the gold chart here.
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  You guys can see currently we are at 3525 breaking all time
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  highs. The last all time high.
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  It just kind of kissed. It was April 25, then we're in
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  June 25 and now we are breaking out.
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  Now. What is this?
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  Telling us about the financial system right now?
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  Well. So it looks like people are
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  losing trust in the system and of course, historically the risk
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  off asset, the risk off investment is buying treasuries.
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  And this is where it starts to get interesting.
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  And this is just, this is just Lena leaning into traditional
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  financial systems here. And there's more data points
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  here, guys. I don't know if you guys have
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  been seeing this. Maybe my feed is just a bunch of
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  macro stuff because this is, I think, where the ticking time
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  bomb is playing out. But this tweet also came up a
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  few weeks ago, last week or yeah, last week.
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  And it goes. Foreign central banks have now
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  officially held more gold than U.S.
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  Treasuries. And this is the first time since
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  1996. Let that sink in.
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  If you are, if you think this buying streak is ending, just
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  look at what happened that happened in the 1970s.
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  Again, in the 70s, there was high inflation and something
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  very similar happened or it's happening now that we've seen in
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  the past. And this is likely the beginning
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  of one of the most significant global rebalancing that we've
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  experienced in recent histories, in my view.
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  And I think This is why you can also reel in the stable coin
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  narrative. We've been seeing there is a
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  stable coin push in the US. The world reserve currency
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  status of the dollar is kind of in this precarious place right
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  now. It looks like people are dumping
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  the dollar or dumping treasuries for gold and we're seeing that
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  central banks around the world are doing this exact play.
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  They don't want treasuries, they want gold.
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  Obviously right now they we would believe that they would go
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  into Bitcoin, but first they got to get into something that
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  they're used to and that's what we're seeing play out.
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  If the central banks are holding gold right now, they're dropping
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  treasuries. What is going on and what is
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  this telling you about the system?
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  Again, as Pomp was saying, are you listening to what the market
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  is saying now? I came across this really
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  interesting thread. I'm not going to read the whole
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  thing for you guys, but last night I quote tweeted on my do
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  you have Bitcoin? Because they're still kind of
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  playing the traditional financial plays here.
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  But obviously from our perspective, the only solution
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  here is Bitcoin. So kind of showing you what's
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  going on long term government bonds are surging across the
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  world. So this isn't just AUS problem
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  here. This isn't just AUS Treasury
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  market going the way of losing world reserve currency status
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  for the dollar. This is happening everywhere.
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  So this is a global systemic problem that's happening right
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  now. And all the bond markets right
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  now, all the bond interest yields are showing the same
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  exact thing, which isn't a good scenario because we all know
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  what is potentially on the horizon here.
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  We've seen Trump battle Powell talk about interest rates, talk
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  about lowing interest rates because we need to fix what's
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  going on. It's just not working right now.
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  And this is where this thread kind of, you know, breaks this
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  down. So here we got the first one.
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  I'm only going to read a few of these tweets.
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  If if you guys want this thread, I, I can drop this for you guys
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  in the chat here. But the bond market is in
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  trouble across the world. Again, this is globally long
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  term government bond yields, yields are rising everywhere
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  from the US to Japan to France to the UK finances entering a
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  new, more dangerous era. So I'm not here to, you know,
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  Doom, you guys, I'm not here to like go Fiat Doom.
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  It's over tomorrow. I'm just here to tell you there
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  is something brewing. There is something happening
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  right now that very few people understand.
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  And I I would probably consider myself in that camp.
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  I'm I'm starting to grasp. This because the.
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  Implications of what's going on are are everywhere.
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  It's on every corner of the planet right now.
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  So here's a couple of good tweets that I am going to read
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  because it does kind of explain what's going on.
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  So normally when central banks pause or cut short term rates,
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  long term yields fall. But since 2023, the opposite has
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  happened. Central banks are holding steady
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  or signalling cuts and while long yields have surged to their
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  highest levels in decade. Now, what's driving this, the
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  global forces that are driving this is, of course, soaring
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  deficits and public debt, inflation that refuses to fade,
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  central bank's credibility under fire and shifting investor
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  psychology and the return of bond vigilantes.
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  And because markets are interconnected, this stress
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  spreads worldwide. Now, this is probably the big
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  idea here. What we're seeing, it's not just
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  in the US. This is global.
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  Now, we've seen similar scenarios play out at least in
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  the US or in in certain pockets in Europe and they were able to
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  kind of compartmentalize this. They were able to keep it just
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  for one country. Now we're seeing that this
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  problem is happening everywhere and and again I'm I don't want
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  to fear monger here, but if you aren't holding Bitcoin right
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  now, you probably should be now going further or actually I read
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  this here actually is the one I wonder bottom line, the bond
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  markets across the world is being repriced France, Germany,
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  Japan, the UK, the US are all seeing yield surge in unison.
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  This isn't an anomaly, it's a structural reset. 5% long bonds
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  may just be the new normal in global finance.
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  And that's kind of the kicker here.
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  Usually when you you see 5% bond yields, that's like things are
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  going to blow up. Now we're seeing, hey, this
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  might be the new normal here. This might be where we are
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  living. And if you're looking at what's
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  happening in Japan, maybe we're all just going way of Japan.
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  And again, I don't want to rehash kind of my favorite
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  tinfoil hat conspiracy theory, but This is why Satoshi
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  Nakamoto's pseudonym is Satoshi Nakamoto basically saying.
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  If we don't figure this out. We are going the way of Japan,
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  and that's not a good thing. So here's Anthony Pompolano
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  again, a follower response to that original tweet.
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  And this is where it starts getting a little interesting.
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  Gold has essentially experienced a perfect storm of supportive
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  conditions, institutional demand, inflation concerns,
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  geopolitical risk, and favorable interest rate environments all
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  aligning simultaneously. This combination has pushed gold
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  to historic highs and fundamentally shifted its role
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  from primarily a dollar hedge to a critical reserve asset for
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  uncertain times. This is what's going on, guys.
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  We are seeing that the new reserve asset may not be
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  treasuries as it used to be. It's probably not going to be
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  the dollar. A lot of people are saying it's
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  going to gold, but if you really connect, this is what what the
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  Vanek CEO is saying as from a bitcoiners perspective, we
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  obviously believe that that new reserve asset will become
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  Bitcoin. Now again, this isn't just a one
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  off thing, this is happening. Globally, so the huge.
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  Elephant in the room is 74% of the world's central banks are
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  cutting rates in 2024, the highest share since 2021.
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  In May 2025 alone, global central banks cut rates 15
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  times. So why are yields at 30 plus
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  year highs if we are in the midst of an aggressive global
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  rate cut cycle? Deficit spending is out of
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  control and inflation is back on the rise.
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  Simply put, we now have higher interest rates despite rate
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  cuts. The bond markets do not lie.
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  And what we saw this morning, again, Kobayashi letter has been
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  all over this guys, this, this what we're seeing right now as
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  Kobayashi letter saying this is the definition of broken.
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  In 15 days, the Fed will cut rates for the first time in
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  2025. Yet the 30 year treasury yield
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  is now near 5%. We have rising interest rates at
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  markets price in Fed interest rate cuts.
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  Do you realize what's happening? And as Max Keiser said, the bond
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  pocalypse is now. He's been talking about the bond
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  pocalypse for a while. Of course, Bitcoin is the fix
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  for this, but it seems like this is what is going on right now.
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  The bond pocalypse is happening right now.
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  Does this mean all Hell's breaking loose disaster?
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  I don't think so. I think they'll figure out ways
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  to kick this can down the road. But if you are someone on Main
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  Street, if you are someone that's a macro investor just
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  sitting in the S&P 500, sitting in Treasuries, now is the time
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  where you probably need some Bitcoin.
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  And as one of my new favorite accounts, Sitebringer says, this
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  is the death rattle of the Fiat regime.
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  The bond market is screaming that the old game is over.
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  For decades, governments could spend recklessly, central banks
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  could cut rates, and yields would obey.
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  That reflex is broken. This is what is happening.
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  The reflex, the way that they can control the system, the way
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  that they can control currencies, it's not working how
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  it used to work. Now.
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  This is a terrifying prospect considering they usually can
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  control this. Now what they're doing, we're in
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  uncharted waters. And to end this before I pass
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  this over to Nikko, this is not a quote market cycle problem.
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  It's a confidence problem. Once investors no longer believe
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  in the state's promise to control inflation or maintain
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  solvency, bonds stop functioning a safe collateral.
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  That's the hinge point where the Fiat system starts to rot from
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  the inside. Now all of this is painting a
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  picture to basically say what the Vanek CEO said, which is,
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  hey, look, this is escape velocity.
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  What is happening right now is showing you, hey, you need to
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  try something different. And if you aren't ahead of the
• 12:29
  curve right now, if you're not in Bitcoin, then you're probably
• 12:34
  going to get wrecked. Now going back to this idea of
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  all Bitcoin really has to do to get to 400 K, actually, I did
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  the math this morning. Gold's ripping right now.
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  So gold's at like a $24 trillion market cap at a $12 trillion
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  market cap, half of the of the gold market cap.
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  That's somewhere around like $571,000 per Bitcoin AT400K,
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  that's about $8 trillion market cap.
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  So if this catches on, if more people start to not trust the
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  system, not trust Treasuries, not trust what Fed Jerome Powell
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  is going to do in September, not believe in the interest rates
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  kind of cooling the economy, cooling the inflation, you know,
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  getting people to kind of feel that they have this under
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  control. There could be a domino, A
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  watershed moment, a waterfall moment getting into Bitcoin.
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  And that is when this price of Bitcoin can move very, very
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  quickly. Now, again, I don't want to fear
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  monger here, but this is what I'm seeing right now.
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  It looks like there is issues worldwide.
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  I don't know if you guys have caught it, but France right now
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  is on the verge of basically defaulting right now.
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  They're talking to the IMF saying, hey, we probably need
• 13:46
  some money right now. And historically it's Germany
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  and France in the in the EU that are like the safest, you know,
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  kind of jurisdictions here. They're usually the most
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  conservative. And if they're panicking, if
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  they're in trouble, it's not looking good for Europe.
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  And further, everything is connected to the dollar.
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  So if they can't get this under control in September 15th with
• 14:07
  these rate cuts, I think all bets are off here.
• 14:10
  I think we can see the Bitcoin price RIP way faster than we
• 14:14
  even imagined. This slow crawl, this slow climb
• 14:17
  upwards, it may not be what's going on now.
• 14:21
  If we do see that if we do see an an incredible price movement
• 14:26
  in Bitcoin that will fundamentally.
• 14:28
  Tell you what, the gold. Price is telling you that there
• 14:31
  is something structurally broken in traditional finance.
• 14:35
  And as Larry La Parde's been saying on Twitter, when gold
• 14:37
  rips, that usually means Bitcoins going to lag a little
• 14:40
  bit and RIP even harder. So we're seeing gold RIP.
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  This is we're, we're seeing a slow motion train crash happen
• 14:47
  in real time. Gold is ripping because there's
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  something in the bond market that people are terrified about.
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  Now when Bitcoin starts ripping, it might RIP harder than gold.
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  So do we have a timeline on this?
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  No, I think usually the the Bitcoin to gold delays about 100
• 15:04
  days. So it's kind of aligning
• 15:07
  perfectly towards what we've been saying Q4 here for Bitcoin.
• 15:12
  It's probably going to be an incredible, incredible time.
• 15:15
  September, you know, we, we do have an inverse Kramer playing
• 15:19
  out here, guys. So there's hope.
• 15:20
  You know, September historically is a very bad return for
• 15:24
  Bitcoin. It's usually a bad month for
• 15:25
  returns. Kramer just came out on Twitter
• 15:28
  basically saying September's usually weak.
• 15:31
  So inverse Kramer, left side of the bell curve.
• 15:34
  September might be a great month for Bitcoin, and then going into
• 15:38
  Q4, it might even be better. Look, all I'm saying is we have
• 15:43
  a perfect storm on the horizon here.
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  Yes, maybe I'm reading tea leaves.
• 15:47
  Yes, maybe I'm connecting some dots that aren't there.
• 15:50
  But historically, we know when there's problems in the bond
• 15:54
  markets, people look for other investments.
• 15:57
  They look for a safe investment. And if the safest investment
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  right now, which is historically Treasuries, isn't working out
• 16:04
  anymore, that trade is blowing up in real time.
• 16:06
  People will move to gold 1st and then eventually they're got to
• 16:10
  end up here at Bitcoin. They're going to end up at
• 16:13
  Bitcoin. It's hard to look at gold's
• 16:15
  returns and then see Bitcoin RIP even harder and not chase them.
• 16:19
  So look, there is trouble in the Treasury markets.
• 16:23
  Can they figure it out? Possibly as a Bitcoiner, it's
• 16:27
  like, do we even have to really watch what's going on there?
• 16:29
  Not really just stack, stack Bitcoin, chill out.
• 16:32
  Everything will most likely work itself out in Bitcoin land.
• 16:36
  But again, what we're seeing is, you know, for lack of, of better
• 16:39
  phrasing, I think the, the, the feds out there are like the
• 16:43
  Janet Yellen's of the world and all of the fear mongers around
• 16:46
  Bitcoin where they say essentially, you know, Bitcoin
• 16:49
  is. How do they?
• 16:50
  How do? They frame it, Nico.
• 16:51
  Bitcoin is so intertwined with the traditional financial system
• 16:56
  that if something goes wrong with us, they you might blow up
• 16:59
  the whole financial system. It's the opposite.
• 17:02
  It's the inverse of that. Bitcoin is so intertwined with
• 17:05
  macroeconomics that if the bond markets blow up, Bitcoin might,
• 17:10
  it might dump, you know, faster, but it's going to respond
• 17:14
  faster. Or it could be the opposite.
• 17:16
  This could be the what you know, that we've been saying forever,
• 17:19
  the decoupling just in not how everyone thought it was going to
• 17:22
  be. This isn't the decoupling from
• 17:24
  alts. This is the decoupling from
• 17:25
  treasury markets, traditional markets.
• 17:27
  So look, we are in an interesting time right now and
• 17:31
  if you don't really care about treasuries, of course the TLDR
• 17:34
  is bitcoins going to go up. This signal is catching on and
• 17:37
  it could happen a lot quicker than any of us imagine.
• 17:41
  It could be what we've been saying for a while.
• 17:42
  It could be just a slow grind to $1,000,000 which is a just a
• 17:46
  totally different scenario. But if we do see just some.
• 17:49
  Rippage here in the Bitcoin price.
• 17:51
  I don't know what that's really saying about the health of the
• 17:53
  global financial system right now.
• 17:55
  So you can't just say, hey, the US is going to default.
• 17:58
  We're going, you know, we're going to, we're going to go the
• 18:00
  way of Weimar. We're going into hyperinflation.
• 18:02
  It's like, no guys, as I've been telling you.
• 18:04
  This is a. Global thing going on.
• 18:06
  So this isn't just a 2008, you know, great financial recession
• 18:10
  in the US. This is like global depression.
• 18:13
  You know, this might be 1929 all over again on a worse scale than
• 18:17
  we've ever seen before. Again, I am fear mongering here
• 18:20
  but this is what I'm seeing. Of course this could be this
• 18:24
  nothing ever happens moment here, but the best protection is
• 18:27
  of course protecting yourself in Bitcoin, saving in Bitcoin and
• 18:31
  all. Of this so it.
• 18:32
  Could be just a nothing burger for us Bitcoiners, but what the
• 18:35
  bond markets are telling us right now, Nico, is not a good
• 18:38
  thing. So two weeks from now in
• 18:40
  September, I think it's September 14th or September 15th
• 18:43
  when we get these Fed rate cuts. Whether we get the Fed rate cuts
• 18:46
  though, the odds are increasing on all of the betting platforms.
• 18:49
  I think we're at 94% right now. Wow.
• 18:53
  We're this, this might be, this might be a, you know, a very,
• 18:57
  very explosive end of the year here.
• 19:00
  It might have been a very slow start of the year, nine months
• 19:03
  very slow. The last you know, we might be
• 19:05
  seeing a very, very, very nice green.
• 19:08
  Christmas here, Nico so. I've been ranting.
• 19:11
  I'm I'm sure I lost people because we're talking treasuries
• 19:13
  and gold and we're like, we're, we're bitcoiners.
• 19:16
  I thought we weren't supposed to care about this stuff.
• 19:18
  I get it. I totally get it.
• 19:19
  I know there's other concerns Bitcoin right now, but what I'm
• 19:23
  seeing is there is a ticking time bomb playing out in
• 19:26
  traditional markets. And let's just hope you know,
• 19:29
  Bitcoin is the is the real winner here.
• 19:31
  So Nico, I, I went, I went far enough and I know you're not a
• 19:33
  macro guy, but am I making a a good case where an average
• 19:39
  person can understand what is going on?
• 19:42
  Yeah, absolutely. I mean, just put the put the
• 19:45
  pieces together, ladies and gentlemen, when we try to do
• 19:47
  that for you guys, like you guys have to understand that just
• 19:50
  bonds in general is, is a way for for governments to raise
• 19:53
  money. But I think the the big
• 19:55
  question, the big kahuna and what that clip of that podcast
• 19:59
  that you played referenced is listen like what happens when
• 20:05
  Bitcoin starts outperforming bonds?
• 20:07
  Sailor is preparing for this exact moment, right?
• 20:10
  Like, Sailor has created specific products, specific
• 20:15
  yield products that could substitute for traditional fixed
• 20:19
  income. But the yield's much higher,
• 20:23
  right? I know that bitcoin's track
• 20:25
  record is not, it's only 16 years old, right?
• 20:29
  Bonds have been around for a long time.
• 20:32
  Gold has been around for thousands of years.
• 20:35
  Bitcoin has a 16 year history. So it, it's, it's relatively new
• 20:38
  on the scene. But sailors think in 1020 years
• 20:43
  from now down the road, that's his whole theory.
• 20:45
  He's thinking 10 years down the road, if Bitcoin keeps doing its
• 20:50
  thing, then it's gonna prove. And this is the, this is the
• 20:55
  turning point. I think this is the, the, the
• 20:58
  singularity, so to speak. I think this is what Opti was
• 21:00
  referring to. What happens all of a sudden if
• 21:03
  Bitcoin proves that it is a superior place to park your
• 21:08
  money than bonds? Even if you don't want to buy
• 21:11
  spot Bitcoin, if you're just buying Bitcoin through one of
• 21:14
  the many MicroStrategy products that he specifically developed
• 21:20
  to attract bond investors that are looking for that safe and
• 21:25
  secure traditional fixed income yield.
• 21:29
  What happens if even 10 percent, 20% start looking at Bitcoin and
• 21:34
  they start looking at the at the equivalents of it?
• 21:37
  And that's why that gentleman was referencing gold.
• 21:40
  That's why he was saying like, look like it's gonna catch up to
• 21:43
  gold. And what's really interesting is
• 21:45
  that when that podcast was recorded, he was right.
• 21:48
  If Bitcoin caught up to gold, it would be like $400,000 per coin.
• 21:52
  If Bitcoin caught up to the gold market cap today, gold's
• 21:55
  currently sitting at 22 trillion, and that's a 10X for
• 21:59
  Bitcoin. That's a 10 bagger.
• 22:01
  A10 bagger from where we are right now is $1.1 million.
• 22:06
  That's a very, very different conversation.
• 22:08
  Imagine if you were sitting at $1.1 million Bitcoin.
• 22:11
  Wow, this channel would be a lot bigger, wouldn't it?
• 22:13
  Opti? I don't know.
• 22:15
  I don't know at what point what are we talking about?
• 22:17
  We we'd be wearing suits at that point, right?
• 22:20
  But yeah, I mean, like, look, like traditionally bonds have
• 22:24
  always been seen as safe yields, assets for pensions, corporate
• 22:28
  treasuries and sovereign wealth funds.
• 22:31
  But what happens if Bitcoin consistently outpaces them?
• 22:35
  Capital will naturally rotate away from low yield debt into
• 22:40
  scarce appreciating asset. This undermines completely the
• 22:45
  demand for government bonds and raises borrowing costs for
• 22:49
  States and accelerates the shift towards Bitcoin as a story of
• 22:53
  value and most importantly A collateral base.
• 22:57
  Essentially it flips the hierarchy instead of Bitcoin
• 22:59
  being the risk on bet bonds themselves look riskier compared
• 23:04
  to a hard cap digital asset, the so-called pristine collateral,
• 23:10
  right? So Bitcoin not only fixes the
• 23:13
  money problem, Bitcoin, this is what Sailor is proving right now
• 23:18
  with all the products that he's developing.
• 23:20
  He's potentially proving that Bitcoin fixes the the fixed
• 23:26
  income problem. He he's basically saying like,
• 23:28
  look guys, I'll give you 8% or 10%.
• 23:32
  I think it's 10%'s the latest number in fixed income, but you
• 23:35
  got to give me the upside. So he's taking the risk.
• 23:38
  He's giving you 10%. You know, in his mind he's
• 23:41
  thinking that Bitcoin has a 40 to 30% CAGAR in the next 10
• 23:45
  years. So he's MicroStrategy is making
• 23:48
  a ton of money off of that. The fixed income guys are super
• 23:52
  happy because they're not getting nearly close to 10% from
• 23:55
  traditional bonds. Everyone's happy in that
• 23:58
  situation, right, Because Bitcoin is the superior asset.
• 24:02
  And you know, the, The thing is, and that this is where I think
• 24:06
  it, it could be a little bit of a, of a interesting dilemma
• 24:11
  that's going to play out is remember, bonds are, or
• 24:15
  historically have been a way that governments have used to
• 24:22
  raise money that that's, that's always been the case.
• 24:25
  And you know, there's, there's bonds by many countries, right?
• 24:29
  And you can actually buy bonds from countries that look very
• 24:34
  unstable, but they're offering very high yields and you could
• 24:37
  make a great return 'cause you're willing to take on the
• 24:39
  risk. Traditionally, US bonds have
• 24:43
  been looked at as a safe haven, right?
• 24:45
  They've been looked at as like nothing could be the security of
• 24:49
  AUS Treasury bond. That's always traditionally how
• 24:53
  it's always been. And now Opti you're, you're
• 24:56
  mentioning France. I didn't even know France was in
• 24:58
  trouble. But what you were saying about
• 25:00
  France is, France is? I don't.
• 25:03
  Know what it is on the on on the top 10 but it it is one of
• 25:06
  Europe's largest economies right.
• 25:09
  So if people are having insecurity about the future of
• 25:15
  bonds in France, and by the way, the same thing is happening in
• 25:18
  the United States, by the way, like, you know, like just
• 25:24
  connect with Lynn Alden is saying connect with Larry
• 25:27
  Leparte is saying connect VM to connect.
• 25:31
  The unintended consequences of all of that, the symptoms
• 25:35
  specifically for the younger generations and the fact that
• 25:38
  you can't afford anything. The rising wealth inequality
• 25:40
  gap, like something is breaking within the system.
• 25:45
  Now, this is where Bitcoin serves as a lifeboat.
• 25:48
  This is where you can jump on Bitcoin.
• 25:50
  You could put a percentage. There we go.
• 25:53
  The breaking news. This came out August 26th for
• 25:57
  the audio listeners. France may need IMF bailout,
• 26:01
  Warren's finance minister. France borrowing costs spike as
• 26:04
  country faces second collapse of its government within a year.
• 26:09
  Yeah, I mean, again, like I, I, I think that this phenomenon
• 26:14
  though is happening worldwide. Like, I think that this is not
• 26:18
  just something that's happening in France.
• 26:19
  I think that if, if your country has a money printer, it is
• 26:24
  spending beyond its means. And it's also getting people
• 26:30
  used to this giant safety net, this, this idea that, you know,
• 26:38
  you're born onto this planet and the government owes you
• 26:42
  something, right? Which, you know, again, I think
• 26:46
  it, I think, you know, you could talk about Social Security, at
• 26:49
  least here in the United States with FDR. You can make a, a good
• 26:52
  argument that that was made with good intention, right?
• 26:55
  It was made with good intention so that, you know, when you get
• 26:58
  older, you don't have to work and like you have a guaranteed
• 27:01
  income and all that stuff. The thing is that system was not
• 27:06
  designed for today, right? This was a implemented like, you
• 27:12
  know, 30-40 or like in the 30s, bro, 30, thirty 30s and 40's the
• 27:18
  the population of the country was half the the life expectancy
• 27:22
  of people was significantly lower than 65, right?
• 27:28
  And now the life expectancy of people, I think it's like 78,
• 27:32
  right? And if you're if if you know
• 27:34
  you're doing well for yourself, you live into your 80s.
• 27:36
  I mean, the president of the United States is dudes in his
• 27:39
  President Trump's in his, you know, he's about to hit his
• 27:42
  eighty, his eighty. I think he's 79 or something,
• 27:44
  right? So like, again, governments have
• 27:48
  been spending beyond their means.
• 27:51
  And the way that they've been doing that is with money
• 27:53
  printing, the way that they've been doing that is with bonds.
• 27:57
  Bitcoin comes along. And again, it provides a better
• 28:03
  instrument or a, a better, you know, way to get that fixed
• 28:06
  income. It provide a get it, it, it's
• 28:09
  better money. It's pristine collateral.
• 28:14
  It's not my fault that governments have been spending
• 28:17
  beyond their means. It's not my fault that they've
• 28:20
  been using the money printer because the way you have to
• 28:23
  frame it in your head is the reason that money the the
• 28:28
  government controls money is not because it was given to them.
• 28:33
  It was because we didn't have an alternative system to have and
• 28:39
  it's still corrupted. But what, what would be the
• 28:41
  alternative? Private money.
• 28:43
  OK, so if you have private money, then you're going to have
• 28:46
  private citizens manipulating the money for their own gain.
• 28:50
  At least with the government, there's like the theoretical,
• 28:53
  OK, this is a democracy. You can kind of vote on it, but
• 28:56
  you can't really vote on it because the Fed governors are
• 28:59
  appointed. They're not elected.
• 29:00
  They have crazy very long terms. You know, like what has been
• 29:07
  happening for the last year or so.
• 29:08
  The Fed has been acting as if they're unaccountable to no one.
• 29:13
  So that is the Fiat system, right?
• 29:16
  But at least that was the best we can came up with.
• 29:19
  We, we can cut up, we, we came up with until 2009, 2009 proved
• 29:26
  that money can exist not only without the state, but it also
• 29:31
  proved that money can exist. No, that money could be better
• 29:35
  without the state. So it's, it proves 2 things.
• 29:40
  And now here's the thing, there's a tremendous amount of
• 29:43
  financing that the state does the lot, a lot of funding that
• 29:50
  doesn't come from revenue, it comes from money printing.
• 29:55
  And again, this isn't, this isn't free.
• 29:58
  It, it, it's a tax on the, every, the everyday person.
• 30:03
  That's what money printing is. And that's the problem that
• 30:06
  Bitcoin solves, right? So yes, it solves the bond thing
• 30:11
  with Opti's talking about the symptoms of the system breaking.
• 30:14
  The system's gonna break. Every Fiat currency has
• 30:17
  historically gone to zero ever since like the beginning of Fiat
• 30:20
  currencies, even the Roman Empire, their, their currency
• 30:23
  was debased until like there was like a a in the beginning, it
• 30:28
  like it had like 85% silver. And then towards the end of the
• 30:32
  collapse of the Roman Empire, it was like .0000003% like they,
• 30:38
  what do they do? They did the, they did the exact
• 30:41
  same thing. They debase the currency.
• 30:43
  And again, I'm not pointing fingers.
• 30:47
  If you had the God like power of the money printer, my question
• 30:50
  to you is, wouldn't you do the same thing?
• 30:53
  Because in your heart, you think you're doing this.
• 30:55
  You're, you think you're doing things for good, right?
• 30:58
  You think you're doing things for good.
• 30:59
  It's like you're, oh, you're promising people health care.
• 31:02
  You're promising people schooling like that sounds
• 31:05
  fantastic. That sounds amazing.
• 31:08
  But here's the thing, it isn't free.
• 31:11
  You're paying for it. This is why Argentina elected a
• 31:15
  libertarian president that is a big fan of the Austrian School
• 31:20
  of Economics. This is why they elected him
• 31:23
  because unlike the United States, the United States is the
• 31:27
  global reserve currency. So we have a very special
• 31:31
  privilege. We can print to high heaven
• 31:34
  because everyone in the world is holding dollars.
• 31:38
  So the United States in that unique position where it could
• 31:40
  just go crazy with the money printer.
• 31:43
  There are still consequences for that at home, for sure.
• 31:47
  But if we didn't have that privilege of being the world
• 31:50
  reserve currency and we did what we did during the pandemic and
• 31:54
  they printed all that money, we would be Argentina tomorrow.
• 31:58
  In terms of inflation, we would be Argentina tomorrow.
• 32:01
  Because essentially all they're doing is just printing paper.
• 32:05
  It's paper. Think about it, think about it.
• 32:08
  The thing that you work so hard for, you put your energy, your
• 32:12
  time, your work ethic, like you're, you're so focused on
• 32:17
  acquiring this paper, some bureaucratic elite have the
• 32:23
  ability to create that paper out of nothing.
• 32:27
  Now contrast that with Bitcoin, right?
• 32:30
  Bitcoin ain't free to make. You have to invest in mining
• 32:34
  infrastructure. Mining machines ain't cheap.
• 32:36
  They're very hot. They use a lot of electricity.
• 32:39
  There's a cost of production to making more Bitcoin.
• 32:43
  That's number one. Number two, there's a cap
• 32:46
  supply. So not only does it cost you
• 32:48
  money to make more Bitcoin, you can only have 21 million
• 32:51
  Bitcoin. That's why if you live on a
• 32:55
  Bitcoin standard, your life, your purchasing power gets it
• 33:01
  increases over time. And that's when you when you
• 33:04
  live on a Fiat standard, your purchasing power decreases over
• 33:08
  time. That's the simple reason.
• 33:10
  And I think what Opti is pointing out when he's talking
• 33:13
  about France, the United Kingdom, also the United States,
• 33:15
  I heard is having problems selling bonds as well, right?
• 33:18
  I'm sure I saw that headline somewhere.
• 33:22
  These are symptoms of a broken of a broken symptom of a broken
• 33:28
  of a broken system. And the best thing that you can
• 33:33
  do for you and your family is finding a find an effing chair
• 33:37
  before the music stops, right? And that chair is Bitcoin in
• 33:42
  self custody. Find a chair before the music
• 33:44
  stops. Because when the music does
• 33:46
  stop, it's not going to be pretty.
• 33:50
  It's not going to be pretty. It's not going to be a pretty
• 33:52
  sight. It's not going to be this like,
• 33:54
  oh, everything's going to be fine.
• 33:56
  Like, no, no, no, it's going to suck, including here in the US.
• 33:59
  It's going to suck everywhere when the system inevitably
• 34:03
  breaks and your escape is Bitcoin.
• 34:06
  So Opti is just pointing out to another part of the system where
• 34:10
  Bitcoin is superior. Bitcoin fixes this, but also it
• 34:16
  it's very like, that's crazy. I got this simultaneously like,
• 34:20
  you know, the fact that like again, you're not talking about
• 34:24
  a minor economy here, you're talking about one of the largest
• 34:28
  economies in the world, one of the largest economies in Europe
• 34:32
  and they're having trouble getting rid of these things.
• 34:34
  So that tells, free market signals are telling you that,
• 34:38
  hey, we don't find value in this, right?
• 34:41
  So is this gonna all happen, transpire in the next four
• 34:45
  months? We can't tell you that.
• 34:47
  We have no idea. But what we can tell you with a
• 34:50
  lot of confidence and a lot of security is that I think the
• 34:54
  music is gonna stop in the next 1020 years.
• 34:59
  I think inevitably they're not gonna be able to kick the can
• 35:02
  down the road. And I think inevitably, you're
• 35:05
  gonna hope you have a seat when the music stops.
• 35:09
  Now. You're going to hope that you
• 35:10
  have that Bitcoin in self custody so that when that music
• 35:14
  stops your purchasing power, your work, your time, your
• 35:18
  energy is all protected, because that's what it boils down to
• 35:21
  anyways, Opti me and you just ripped on this subject.
• 35:24
  It seems like people have been liking it guys.
• 35:26
  If you guys are enjoying the show, we're at 560 live viewers
• 35:31
  on YouTube alone 129 likes help us get to 250 likes by the end
• 35:35
  of the show Shout out to the rumble audience almost at 100
• 35:38
  live viewers and X always coming in strong with over 1500 live
• 35:44
  viewers on X. If you guys are enjoying simply
• 35:46
  Bitcoin live, make sure to smash that like button.
• 35:49
  We have a loaded. So for you guys, seems like you
• 35:51
  guys like the intro section, Opti, seems like we have to do
• 35:54
  more of this macro talk. People like Macro, apparently.
• 35:57
  It seems like people. I thought they would be bored.
• 35:59
  I thought they'd be bored but apparently people like it.
• 36:02
  I have an article talking about Bitcoin getting boring during
• 36:06
  the news, so we're going to talk about that.
• 36:07
  And then I have a clip of Brian Armstrong talking about
• 36:11
  $1,000,000 Bitcoin by 2030. Ladies and gentlemen, that's
• 36:14
  like 4 years away. That's a 10 bagger, less than
• 36:17
  A10 bagger, like a nine and something bagger in four years.
• 36:20
  What type of assets going to give you that type of return
• 36:23
  doesn't exist in my opinion. I think it's only Bitcoin, but
• 36:27
  anyways, guys, it's been an incredible show.
• 36:28
  Before we get into it, I do want to give a shout out to our lead
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• 39:29
  At the time of recording the Bitcoin price is $110,720.
• 39:34
  Block height 912,907 sats per dollar 903 SAT's for dollar
• 39:39
  market cap 2.21 trillion Bitcoin versus Gold market cap 8.83%
• 39:45
  Decline from all time high -11% realized monetary inflation
• 39:50
  .84%. In the grand scheme of things,
• 39:52
  we are just getting the party started.
• 39:55
  Anyways, here is the CEO, whether you like it or not, of
• 39:59
  the world's largest Bitcoin and crypto exchange Fortune 500
• 40:04
  company and custodian of not only Microstrategies Bitcoin,
• 40:09
  but 11 out of the 12 Bitcoin ETFs, Brian Armstrong.
• 40:14
  And now even Brian Armstrong is dropping effing price
• 40:18
  predictions. I, I, I think we're just that
• 40:21
  bored, bro. I think it's been that boring.
• 40:23
  Like I, I tweeted it out and the tweet blew the F up.
• 40:27
  Any time a tweet blows up, that means that it's on everyone's
• 40:31
  mind. Because if a tweet doesn't blow
• 40:33
  up, that means that not everyone's thinking that.
• 40:35
  But when a tweet blows up, I, I forgot how much likes it ended
• 40:38
  up with. Let me check right now.
• 40:41
  Got 779 likes. And I said bitcoins price today
• 40:45
  is exactly at where it was the day of President Trump's
• 40:48
  inauguration. 109 K that was yesterday.
• 40:50
  We're doing better today. We're at 111 K.
• 40:53
  But bro, it's been nine months. You can make a baby in nine
• 40:57
  months. It's been nine months, OK.
• 41:00
  And the price of Bitcoin has gone from 109 K to 111 K.
• 41:04
  That's a 2K entry increase. So I like I, I, I, I'm sorry,
• 41:10
  I'm, I'm just, I'm, I don't know.
• 41:14
  Anyway, anyways, So what is happening?
• 41:17
  We have Michael Saylor throwing price predictions.
• 41:19
  Now you have the CEO of Coinbase throwing price prediction.
• 41:21
  I'm gonna play the video and then Opti and I are going to
• 41:23
  talk about it. A rough idea I have in my head
• 41:25
  is like, we'll see $1,000,000 Bitcoin by 20-30.
• 41:27
  And there's high error bars around these things.
• 41:29
  But, you know, just to give you a couple of data points, right?
• 41:32
  It's like we're starting to see regulatory clarity emerge in the
• 41:35
  United States, which I think is a bellwether for the rest of the
• 41:38
  G20. You have the Genius Act passed
• 41:40
  now for stable coins, but this market structure bill is being
• 41:42
  debated in the Senate. Fingers crossed something could
• 41:45
  happen by the end of this year. That would be a huge milestone.
• 41:48
  the United States government now has a strategic Bitcoin reserve.
• 41:51
  So that is, if you'd asked me five years ago, that would have
• 41:53
  been kind of like vision board and someone would have said
• 41:55
  you're crazy, like the United States government's not going to
• 41:57
  officially hold Bitcoin. But if you know, if they do
• 42:00
  that, which there's not an executive order to do, I think a
• 42:03
  bunch of other countries are going to do that.
• 42:05
  We so I mean $1,000,000 Bitcoin by 20-30 bro, that's I know 2025
• 42:16
  has felt like we've just been kind of going sideways.
• 42:19
  Well, we didn't just go sideways.
• 42:21
  It wasn't totally boring. Someone in the chat paper
• 42:25
  Bitcoin summers over No bro big listen.
• 42:29
  Paper Bitcoin summers forever. I'm going to tell you guys right
• 42:32
  now bait paper Bitcoin summer is is endless.
• 42:36
  It just keeps going the price of Bitcoin.
• 42:40
  Listen ladies and gentlemen, you have to understand the Ponzi's
• 42:42
  over OK, it's wrap it up. That's why all these that's why
• 42:46
  all these whales are selling. No, but All in all seriousness,
• 42:54
  it wasn't just 109 K to to, you know, 100 and 110.
• 43:00
  I'm I'm using, I'm giving those exact I'm nitpicking dates for
• 43:04
  hyper, hyper hyperbolic statements.
• 43:08
  We did go down to 76 and then I think the all time high Opti was
• 43:12
  what it was like 125 or something, right?
• 43:14
  Sounds like that 1:24-ish. So, yeah, I mean, there was
• 43:18
  definitely volatility in between, but even from 109 to
• 43:21
  125, like that's not that impressive for the year after
• 43:25
  the halving. Historically, the year after the
• 43:26
  halving has been nuts. So are we going to have an
• 43:29
  explosive Q4 like we always have had?
• 43:32
  I think that would be fantastic. I think that if we don't have an
• 43:35
  explosive Q4, we're going to be in uncharted territory.
• 43:39
  And then if we don't have an explosive Q4I, I just don't see
• 43:43
  Bitcoin correcting 5060%. I just don't see that happening.
• 43:47
  I don't think that's going to happen.
• 43:50
  For corrections to happen of that size, it's always driven by
• 43:54
  some type of mania. And, and I've, I've, I, I always
• 43:58
  remember the feeling, whether it was in 2021 or in 2017, you
• 44:05
  always have euphoria. You always have that euphoria.
• 44:09
  Now we've been chasing the euphoria of the 2017 dragon, but
• 44:12
  2021, we still have that euphoria.
• 44:15
  We have not had a dose of euphoria at all this year.
• 44:20
  We've we're in the disbelief Phase, I would say, but we
• 44:24
  haven't had that thrill. We haven't had that euphoria.
• 44:28
  It has not happened, right. So if you don't have that kind
• 44:33
  of blow up structure, then do I see the market dropping?
• 44:39
  I mean, it could anything's possible, but do I see it
• 44:42
  happening? I just don't see it happening.
• 44:44
  I just don't see it happening because this is, we've been
• 44:46
  building a base for nine months. This is what you guys have to.
• 44:50
  The way that you guys should see it is this hasn't been this
• 44:53
  crazy run up to from 16K to 110K.
• 44:59
  No, we've literally been like stepping up a ladder right now.
• 45:03
  Let's see if we start to get into the crazy zone right now.
• 45:07
  That's I think what everyone is paying attention to.
• 45:10
  We're two days into September. Let's see if October happens the
• 45:14
  way it happens. Opti's already cursed September,
• 45:17
  God damn him. But, you know, I think it was
• 45:20
  Kramer that started for some reason.
• 45:22
  Opti's following Kramer now, but, you know, inverse Kramer.
• 45:28
  Yeah, but you still can't say it 'cause then you curse it.
• 45:30
  You curse it bro, you curse it. I don't got that kind of pull.
• 45:34
  Nico, come on. Yeah.
• 45:36
  You do bro. You do though.
• 45:39
  We have the inverse inverse opti that if I say we're going up, it
• 45:43
  goes down. If I say it goes down, it goes
• 45:47
  down further. Anyways, if you guys are
• 45:52
  enjoying the show so far, smash that like button.
• 45:54
  We're almost at 600 live viewers on YouTube alone.
• 45:57
  I want to give a shout out to the rumble audience, the X
• 45:59
  audience, and of course, if you're listening to listening to
• 46:02
  us on the audio platforms, smash That like button and share the
• 46:06
  content. Really, really helps with the
• 46:07
  algos. Opti, your thoughts, man, Now
• 46:10
  the CEO of Coinbase is dropping effing price predictions.
• 46:14
  This is where we are in the movie.
• 46:15
  I don't know, this doesn't make me feel good.
• 46:17
  Actually, Nico, it's not going to happen.
• 46:22
  I'm not the biggest fan of Coinbase, you know, like they do
• 46:25
  have the biggest brand, you know, awareness, but this this
• 46:29
  generally reminds me of just like Coinbase's classic orange
• 46:33
  washing. Now they see, you know, all the
• 46:36
  things he he named are things that I also do agree.
• 46:39
  And I and I don't know if you guys saw, but we're getting more
• 46:42
  information that there are other countries in the Middle East
• 46:46
  acquiring Bitcoin here. So like we're seeing, you know,
• 46:49
  new regulations in the US, we're seeing ETFs get built out,
• 46:53
  sovereign wealth fund nation states all embracing Bitcoin.
• 46:57
  We're seeing the corporate treasury scoop up a lot of
• 46:59
  Bitcoin. Obviously, I do believe, you
• 47:02
  know, a million, a million in five years is, is not that
• 47:05
  crazy. If you look at historically the
• 47:07
  price movement or no, it's still 25, It's 4-5, what, 4 and 3 or
• 47:14
  4, whatever, whatever, let's go 5.
• 47:17
  We're still in 2025, you say? Five.
• 47:19
  It's depressing. We'll say five.
• 47:21
  Well, but like look at the returns that we've seen in the
• 47:23
  last five years. Like I think it's gone up what I
• 47:27
  think it's like a six or 10X. So like, yeah, I know the law of
• 47:30
  big numbers. That's whatever.
• 47:32
  I know, right? Everyone's saying a lot of big
• 47:37
  numbers, but like AA10X in five years it's, it's totally
• 47:40
  attainable like. It's it's probably.
• 47:42
  An easier climb for that than any of the the other moves like
• 47:46
  people saying, oh it's going to 58K or whatever like I I think
• 47:50
  that is a lot harder to do than it is for Bitcoin to go to a
• 47:53
  million in five years. Now what I think might be
• 47:56
  happening is, is kind of a certain semblance of orange
• 47:59
  washing here, like all the things that Brian Armstrong
• 48:03
  named as bullish indicators for for Bitcoin in general, I think
• 48:08
  are bearish indicators for his business model.
• 48:11
  So I think that's why he's starting to kind of lean into
• 48:14
  the incredible price predictions because he he understands like
• 48:18
  shit, if this is playing out that my business model is
• 48:20
  probably not what I thought it was.
• 48:23
  It's not going they're going to have to pivot like you're not
• 48:25
  going to well, that's there's that opens up a whole another
• 48:28
  can. Like if we are in an eternal
• 48:31
  September moment where a whole, you know, we're just constantly
• 48:35
  seeing new people influx into the, into the Bitcoin space,
• 48:39
  then we might be seeing the same, you know, stupidity play
• 48:43
  out over and over and over again.
• 48:44
  And as new capital comes in, they get side swiped into the
• 48:48
  shit coins and those things pump.
• 48:50
  And then, you know, Bitcoin kind of it does just like a washing
• 48:54
  machine feature where you come into Bitcoin, you get you get
• 48:57
  hooked and then you go to the side and you go in the alt
• 49:00
  coins. And that kind of dampens the
• 49:03
  Bitcoin bull markets. And we just keep doing this
• 49:05
  cycle over and over and over again.
• 49:07
  Forever and all coins are like got crushed this year too for.
• 49:14
  Agree. I, I think that I think we are
• 49:16
  seeing that decoupling, but I'm just saying, if more people come
• 49:19
  in and there is a hope that Bitcoin kind of education and
• 49:23
  content out there, Bitcoin only content is good enough that
• 49:26
  people will sideswipe all that and that just completely dries
• 49:29
  up. But I'm not so sure about that.
• 49:32
  But anyways, what, what we are seeing is I think we, we are
• 49:37
  going to go into these incredible price moves.
• 49:40
  But I look, I've been telling you guys the last couple of
• 49:42
  days, I'm, I'm just like counter trading my emotions here.
• 49:46
  I'm trying to be logical here. And the more I think it's going
• 49:48
  to dump like in my, in my gut, like man, it really feels like
• 49:51
  it's going to dump, the more I know it's going to start
• 49:53
  pumping. So I, I think we're going to be
• 49:56
  seeing that. And really I'm I'm just as tired
• 49:59
  as everyone else of $1,000,000 prediction.
• 50:01
  So I'm like, can we just get to 200 K first?
• 50:02
  Like can we just get to the next level, man?
• 50:05
  Like what are we doing here? This is boring.
• 50:07
  Yeah, let's get to 201st. Right, let's.
• 50:10
  Yeah, let's get to 200 K and then we'll and then we'll go
• 50:12
  super hard again on let's get to.
• 50:14
  Let's get to 200 K before we're 80, dude.
• 50:18
  For real, dude. All right, everybody, it's going
• 50:22
  to be an incredible show. Strap in, smash that like
• 50:25
  button. Like I said, that's going to be
• 50:27
  fantastic. We have a ton to talk about.
• 50:29
  So you guys are going to you guys are going to stay tuned in.
• 50:32
  We're going to be right back in just a bit.
• 50:34
  We're going to be hitting the news segment where even legacy
• 50:39
  media is admitting what me and Opti are admitting.
• 50:42
  This is the headline, by the way.
• 50:44
  Bitcoin is getting boring and that could open more doors for
• 50:49
  the crypto asset on Wall Street. Anyways, we're going to be
• 50:53
  talking about that in just a bit.
• 50:54
  So you guys are going to stay tuned.
• 50:55
  And then Opti's got something for you guys loaded during the
• 50:59
  culture segment that you guys are going to want to see.
• 51:01
  And we are going to be giving away some Satoshi's at the end
• 51:05
  at the end of the show by our friends over at Bitcoin.
• 51:08
  Well, we're going to be playing the Bitcoin Wishing Well
• 51:10
  contest, so you guys are going to want to stay tuned for that.
• 51:13
  We're going to be right back in just a little bit.
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• 53:34
  Anyways, Opti, I picked this article for you my friend.
• 53:37
  Everyone is going to be while I read this article.
• 53:40
  I'm just going to make you full screen so people could see your
• 53:42
  facial expressions full of excitement and optimism while I
• 53:48
  read this uberly bullish article.
• 53:51
  Anyways, the name of the article I think is what we are all
• 53:54
  feeling. Bitcoin is getting boring.
• 53:57
  That could open more doors for the crypto asset.
• 54:00
  On. Wall Street so goes on and makes
• 54:04
  its points but I have a beautiful summary for you guys
• 54:07
  and I'm just going to enlarge this picture of sailor while I
• 54:10
  check it out so bitcoins volatility has dropped to
• 54:13
  historic lows this year despite record highs in may July and
• 54:17
  August JP Morgan analyst attributed attributed this to
• 54:21
  corporations rapidly accumulating Bitcoin corporate
• 54:25
  treasuries now hold over 6% of the supply, functioning like
• 54:30
  private sector quantitative easing and dampening price
• 54:33
  swings. The trend began with Michael
• 54:36
  Saylor's micro strategy and has since expanded to companies like
• 54:39
  trump media, GameStop and metaplanet, with over 180 firms
• 54:44
  adopting similar strategies in July alone, corporations
• 54:48
  accounted for nearly 2/3 of major Bitcoin purchases.
• 54:52
  This accumulation combined with ETFs and futures is stabilizing
• 54:56
  Bitcoin and making it more competitive against gold as a
• 55:00
  store of value. The Trump administration has
• 55:03
  fueled this momentum by easing accounting rules, supporting
• 55:06
  corporate crypto adoption, and advancing pro crypto legislation
• 55:10
  such as allowing banks to issue stable coins and enabling crypto
• 55:15
  in retirement accounts. Firms are also extending the
• 55:18
  strategy to other altcoins. While the corporate QE is
• 55:22
  strengthening Bitcoins legitimacy and reducing
• 55:25
  volatility, questions remain about sustainability since some
• 55:29
  companies trade below the value of their Bitcoin holdings.
• 55:32
  Still, with political backing and growing adoption, Bitcoin is
• 55:36
  entering a new phase where corporate treasuries play a
• 55:39
  central role. A central stabilizing role.
• 55:43
  Opti, I do not like the sound of that article at all.
• 55:48
  It's framing it like it's a good thing, right?
• 55:52
  Like it's framing it like, what do you mean?
• 55:54
  Like, do we want Bitcoin to be a stable coin like volatility?
• 55:58
  Volatility is life. Volatility is a good thing.
• 56:01
  Volatility is how Bitcoin has got to this moment, right?
• 56:06
  I refuse to believe that Bitcoins volatility is
• 56:11
  completely dry. I just refuse to to refuse to
• 56:15
  believe that I I yesterday Opti you you you hit the nail on the
• 56:18
  head when you observe something. There was a picture of Bitcoin
• 56:23
  crossing the chasm right? Like we were we were.
• 56:25
  Oh man, I wish I had that image pulled up so I could show you
• 56:28
  guys. It was basically the adoption
• 56:30
  curve of Bitcoin. I'm small.
• 56:33
  I do. I do have.
• 56:34
  It I do. I always said you're smart.
• 56:37
  No, you. Say I'm wise, I'll take I'll
• 56:40
  take wise over smart. Anyways, I I think you're smart
• 56:44
  and wise. For the record, I think Opti
• 56:48
  plays dumb, but he's a lot smarter than what he was.
• 56:51
  Supposing me like. That but anyways, Opti said
• 56:54
  something really wise yesterday and this is essentially the
• 56:58
  Bitcoin adoption curve, the innovation curve so to speak.
• 57:01
  And it has all these groups, it has innovators, early adopters,
• 57:04
  early majority, late majority in the laggards.
• 57:06
  And it was interesting when we asked you guys, where, where are
• 57:10
  we in this curve? Yesterday, a lot of you guys in
• 57:12
  the chat were saying, Nikko, we're, we're still in the early
• 57:15
  adopters phase. And I'm like, no, I think we're
• 57:17
  in the early majority phase. And then Opti said, like Nikko,
• 57:20
  we're, we're crossing the chasm. And This is why we've had this
• 57:23
  like sideways price action. Leroy Jenkins in the chat says,
• 57:28
  how far is the Overton window move shifted recently?
• 57:32
  I would say a lot, dude. I would say when the president
• 57:35
  of the United States is name dropping Bitcoin at the White
• 57:38
  House, Yeah, like I think at that moment we've already won.
• 57:43
  Like this is what you guys have to understand.
• 57:45
  We've already won. It's a waiting game now.
• 57:48
  But the all the uncertainty that we had, the regulatory
• 57:53
  uncertainty whether Bitcoin is going to be made illegal,
• 57:56
  whether it's going to be embraced, all of that for now,
• 57:59
  maybe that can change under next administration.
• 58:02
  But during this, during this current administration, at least
• 58:05
  for the next three years and four months, it's just runway,
• 58:10
  right? I know that, I know that Opti is
• 58:12
  not a Trump fan at all, but with this current administration, you
• 58:18
  know, it's gonna be very positive for Bitcoin on a on a
• 58:20
  regulatory front. And if it's positive for Bitcoin
• 58:23
  on a regulatory front, again, if you're an institution, you're
• 58:26
  looking at Bitcoin. You're saying, look, I have the
• 58:28
  green light. This is fantastic.
• 58:30
  And listen, BlackRock isn't gonna let like, look, the ETF
• 58:35
  got approved under the previous administration, which was openly
• 58:38
  hostile towards the industry, right?
• 58:40
  So, and the reason for that is simple.
• 58:42
  It was Blackrock's ETF. All right, So do you think
• 58:45
  BlackRock is gonna let down the best performing ETFs that it's
• 58:50
  ever launched? Do you think it's ever gonna let
• 58:51
  that down? No, Donald Trump, his his media
• 58:55
  company, Trump media or something.
• 58:56
  It's one of the largest treasury companies on that list.
• 58:59
  If you look at the treasury companies, Trump, Trump's media
• 59:01
  company is one of the largest. His sons are heavily involved in
• 59:05
  the space, like Eric Trump speaking at every single Bitcoin
• 59:08
  conference like they want their bags to pump just as much as you
• 59:12
  do, FYI, Right? So anyways, that's my take on
• 59:18
  this Opti, what's your take? Is Bitcoin getting boring?
• 59:20
  Is it over, bro? Are we, are we just like boomers
• 59:23
  talking about our boomer coin or like like what's what's
• 59:27
  happening here, bro? I mean, dude, I've been saying
• 59:31
  for a while this is super boring.
• 59:33
  We're trading the S&P 500. We should just rename to simply
• 59:36
  SP 500 because. Simply in the price.
• 59:40
  Yeah, since the S&P 500, because the price is moving exactly like
• 59:45
  the S&P 500 and until something really kind of changes, I think
• 59:50
  that's what we're going to what we're going to be doing.
• 59:53
  And if you look at the S&P 500 and you kind of like, you know,
• 59:59
  map the current Bitcoin price since the ETFs.
• 1:00:03
  It's doing the same thing. It just like, you know,
• 1:00:06
  constantly moves up in this like very boring but predictable and
• 1:00:10
  stable price movement. Now do I actually think that's
• 1:00:13
  what's going on? I mean, there is some
• 1:00:14
  correlation here, but what we are seeing and it and it always
• 1:00:17
  goes back to the same thing that I keep saying the last couple of
• 1:00:20
  weeks as it keeps dawning on me is, is that there is a new
• 1:00:23
  investor in Bitcoin. And I hate using the word
• 1:00:26
  investor, but that's what they look at this thing as they there
• 1:00:29
  is a new entrant into the market and they're trading Bitcoin like
• 1:00:34
  they're used to trading every other thing that they've ever
• 1:00:37
  held in their whole lives. And so to see a very stable kind
• 1:00:41
  of climb or stable climb here that makes them feel good, like
• 1:00:44
  that makes them feel safe, like that makes them feel stable.
• 1:00:48
  Only bitcoiners are the ones that really embrace volatility.
• 1:00:52
  And like, you know, as as much as we get called sailor simps on
• 1:00:55
  the show, like he does say a lot of things that really resonate
• 1:01:00
  with a lot of people, like volatility is life.
• 1:01:02
  You do not want to have stability because that literally
• 1:01:04
  means death. Like having a you know what,
• 1:01:08
  what's the, you know, the beeping thing?
• 1:01:10
  I'm I'm blanking right now. When you're in the in the
• 1:01:12
  hospital and your heart pulse, you do not want your heart
• 1:01:16
  pulsing stable. That literally means you're
• 1:01:18
  dying, like you want to see spikes because that means you're
• 1:01:21
  alive. But again, kind of reeling this
• 1:01:24
  back into the beginning, what we're seeing here is that people
• 1:01:28
  want stability. Like that's why stable coins are
• 1:01:32
  are catching on globally. Like that's why people invest in
• 1:01:36
  treasuries in the 1st place because they want stable returns
• 1:01:40
  here. And so as much as we really
• 1:01:43
  dislike the meme, which is like the reality right now, Bitcoins
• 1:01:47
  of stablecoin, for other people, that is what they look for.
• 1:01:52
  They want stability. They want something that they
• 1:01:54
  can count on to just slowly kind of gain in value, not too
• 1:01:58
  flashy, doesn't have huge crashes in it.
• 1:02:01
  And for better or worse, this is what bitcoins been acting like
• 1:02:04
  the last, you know what, 9-10 months ever so or rather even
• 1:02:07
  like a year kind of. It's just stable, stable growth
• 1:02:11
  since the ETF. For many people, that's all they
• 1:02:14
  want. They just want something that is
• 1:02:16
  going to continue to climb all up.
• 1:02:18
  What you see in the S&P 500 or or the, you know, NASDAQ fun,
• 1:02:23
  it's like that's what people like.
• 1:02:25
  And until we see something that is, you know, like a Black Swan
• 1:02:31
  moment, then they're not going to be taking the risk that they
• 1:02:35
  probably should be because they're terrified.
• 1:02:37
  When you're scared and the future is uncertain, the last
• 1:02:41
  thing you want to be doing is taking risk.
• 1:02:43
  And so as that article is kind of saying, Bitcoin is, for lack
• 1:02:48
  of a better term, like the volatility is dying right now.
• 1:02:50
  Whether we see a a parabolic bull run or another depressing
• 1:02:54
  bear market is still up for debate.
• 1:02:57
  But people like stability, obviously, as Bitcoiners like,
• 1:03:00
  well, we light the roller coaster.
• 1:03:02
  We're like, yo get, you know? Give me, give me, give me.
• 1:03:05
  The freaking 110100X gains here and I'll take the the 80% draw
• 1:03:12
  down because that just means we are more volatile.
• 1:03:16
  But as we're seeing Bitcoin is being monetized in real time,
• 1:03:20
  like we've been following this along and sometimes the the
• 1:03:23
  volatility when it gets monetized is crazier than other
• 1:03:26
  times. Maybe right now, like I said
• 1:03:28
  yesterday, we might be in that chasm portion.
• 1:03:31
  If you pull that up again, Nico, it does kind of like, you know,
• 1:03:34
  it's it is kind of like flat going through the chasm.
• 1:03:37
  But once you get past the chasm is when you start to see the S
• 1:03:40
  curve adoption when really when people really start adopting it.
• 1:03:44
  And so maybe this is kind of just that slow grind up, you
• 1:03:48
  know, while people kind of ingest the information.
• 1:03:51
  And then once we get a a massive, massive movement from
• 1:03:58
  retail and really individuals and we see, you know, 100
• 1:04:02
  million plus people diving head first into Bitcoin, then that's
• 1:04:06
  when we really get the price run up.
• 1:04:07
  So as we are right now, Bitcoin is kind of acting like a stable
• 1:04:13
  coin. Hey, nine months ago, ten months
• 1:04:16
  ago, a year ago, yeah, it's kind of gone up.
• 1:04:18
  But if you, you know, you're zooming in and you're kind of
• 1:04:20
  cherry picking here. The last 10 months, if you put
• 1:04:23
  money in Bitcoin, you haven't lost any money, which is
• 1:04:26
  definitely what these investors want.
• 1:04:28
  They're looking at everything else.
• 1:04:29
  The stock market's been way more volatile.
• 1:04:32
  You know, treasuries are freaking super volatile right
• 1:04:35
  now. And so if you're moving a lot of
• 1:04:37
  capital right now, if you're putting a lot of capital in
• 1:04:39
  Bitcoin, you're OK with not losing value.
• 1:04:42
  You just want to make sure you don't lose value.
• 1:04:45
  That's the whole game here. Make sure if you are throwing,
• 1:04:47
  you know, hundreds of millions of dollars in Bitcoin, you
• 1:04:49
  aren't losing value. And for us it we're, we're on
• 1:04:53
  the opposite side. We're like the Warren Buffett
• 1:04:55
  meme. You know, if you want to build
• 1:04:56
  value, you put all your eggs in one basket.
• 1:04:59
  If you have value, then you diversify into different
• 1:05:02
  baskets. Well, we're we're seeing that
• 1:05:05
  everyone's playing a different game right now.
• 1:05:07
  So for some low volatility is a good thing.
• 1:05:10
  For others, you can see me like being bored to death here
• 1:05:14
  because I like. Like the price?
• 1:05:17
  Movement, that's the fun stuff that's when we get people coming
• 1:05:19
  into Bitcoin for better or worse, everyone always says the
• 1:05:22
  same thing it's like oh the Bitcoin price is the least
• 1:05:25
  important factor of Bitcoin you know decentralization,
• 1:05:28
  censorship resistant freedom, etcetera etcetera.
• 1:05:31
  I believe all those things but when it comes to Main Street,
• 1:05:34
  what do they like they like to see Bitcoin run because the
• 1:05:38
  greed kicks in the FOMO kicks in actually Nico, there was another
• 1:05:41
  article here. Let me, let me see if I can find
• 1:05:43
  it. I, I don't have the, the
• 1:05:48
  subscription for this. It's like the San Francisco
• 1:05:51
  Chronicle or something like that, but they have this
• 1:05:53
  headline and this is like the, the perfect summation of what's
• 1:05:59
  going on here. Yeah, I'm, I'm trying to find
• 1:06:01
  it. I'm trying to, I'm trying to
• 1:06:02
  find it right now. It goes, this is San Francisco
• 1:06:07
  Chronicle and it goes crypto FOMO.
• 1:06:09
  Hold on, crypto FOMO is real. Here's why it feels so bad and
• 1:06:13
  what you can do about it. And it like the solutions aren't
• 1:06:18
  good in this article. It's just a bunch of like, oh,
• 1:06:20
  you can buy the ETF or you can go into altcoins or something.
• 1:06:24
  Whereas like you can do a solution for it and it's
• 1:06:27
  literally just keep buying Bitcoin.
• 1:06:30
  And in my culture right now, shouts out the wicked.
• 1:06:33
  He did a great one of those visuals and it just shows, shows
• 1:06:36
  you like you don't need too much to get into Bitcoin to change
• 1:06:39
  your life. You just need to be consistent
• 1:06:41
  with it. So like if you are feeling the
• 1:06:42
  FOMO, which is like I'm not feeling anymore, you just need
• 1:06:47
  to buy a Bitcoin. So like Tradfly, like stability,
• 1:06:52
  mainstream likes to FOMO. We're at this point right now
• 1:06:57
  where hey, for better or worse, institutions are winning right
• 1:07:00
  now because they have seemed to kind of remove the volatility
• 1:07:05
  out of this thing for the time being.
• 1:07:06
  Until that comes back, I don't think we're going to be seeing
• 1:07:11
  an incredible FOMO from retail and the volume's dead.
• 1:07:15
  No one's no one's really buying this thing except for other
• 1:07:18
  people that been in the space. Like the only people trading
• 1:07:20
  Bitcoin are Bitcoiners or shit corners and bitcoiners.
• 1:07:24
  Like retail is dead. The volume is super low right
• 1:07:26
  now. There is no interest coming.
• 1:07:28
  Yes, there's some like budding interest in the mainstream
• 1:07:32
  around Bitcoin, but right now, like I'm sure if you tell people
• 1:07:36
  you're a Bitcoin or they're like, yeah, cool story, bro.
• 1:07:38
  Like put the fries in the bag. It's true.
• 1:07:43
  It's true, man. No one's talking about this
• 1:07:44
  Bitcoin. It is the new stablecoin.
• 1:07:47
  Let us know your guys thoughts in the chat.
• 1:07:49
  Of course. Smash that like button.
• 1:07:50
  We're already at 211 likes. Help us break 300 likes by the
• 1:07:55
  time the stream wraps up. We absolutely love you guys.
• 1:07:58
  You guys are tuned in to simply Bitcoin Live Rumbles coming in
• 1:08:01
  hot, YouTube's coming in hot, and X is coming in hot as well.
• 1:08:05
  We still have a ton of things to cover.
• 1:08:07
  We're gonna be right back in just a bit.
• 1:08:09
  We're gonna hit the culture segment.
• 1:08:12
  I want to give a shout out to our partner Hive Digital
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  IO. Join today where Bitcoin meets
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  freedom. Alright everybody, I do want to
• 1:10:14
  give a shout out to Mining Disrupt.
• 1:10:17
  Opti Night will be there. It's going to be in Dallas, TX.
• 1:10:20
  This is the largest mining conference in the world.
• 1:10:24
  So again, if you want to get a job in the mining industry, if
• 1:10:28
  you're just interested about the mining industry, this is going
• 1:10:30
  to be the first ever mining Disrupt conference in Dallas,
• 1:10:34
  TX. Usually it's hosted in Miami is
• 1:10:37
  going to be the first one in Dallas.
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  You're not going to want to miss it again.
• 1:10:41
  You can click on the link in the video description or use promo
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  code simply Bitcoin to get a 20% discount.
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  Get your tickets today go to go check out the link in the video
• 1:10:56
  slash podcast description Anyways Opti.
• 1:10:59
  Going back to Dallas, Going back to Dallas in November, Let's.
• 1:11:03
  Go going, going back to Dallas. Before I move on, Ron P we're
• 1:11:08
  bored at 100 grand plus. Lol yeah dude for real for real.
• 1:11:13
  This was fun for the first day. The 1st 4 hours was fun.
• 1:11:19
  We do. Wait we've been talking.
• 1:11:20
  It's because we've been talking about 100K for what?
• 1:11:22
  Since 2021? It's like, yeah, we've been.
• 1:11:24
  Talking about 100K for 25 years. Yeah, like we got there, but it
• 1:11:29
  was, you know, 5-10 years later than we thought.
• 1:11:31
  Anyways, it's going to be the same thing with a million guys.
• 1:11:38
  All right, So Wicked did a really good visual here.
• 1:11:42
  I'm on a noster here, but this is kind of what we've been
• 1:11:47
  saying for like as long as I've been in Bitcoin, I've been
• 1:11:50
  saying this, but I'm a visual learner and when you see it
• 1:11:53
  visually, it's it's really is mind blowing and it's literally
• 1:11:56
  I remember surfer Jim did an article basically like put your
• 1:11:59
  beer money in Bitcoin and you're going to be happier.
• 1:12:01
  And that was five years ago and we have a perfect illustration
• 1:12:05
  of this. So I'm going to.
• 1:12:07
  Show you guys this. I'm not going to put the music
• 1:12:11
  on 'cause I, I think it's, it's probably copy written, but here
• 1:12:17
  you go. So the tweet or the post, I
• 1:12:19
  don't know what you call it. All nosters.
• 1:12:20
  The Noster post says saving in dollars versus gold versus
• 1:12:24
  Bitcoin. After 400 weeks of $50 DCA,
• 1:12:27
  you'd have $20,000. Had you saved in dollars, 11.322
• 1:12:31
  ounces of gold worth 38,864. Had you saved in gold or 1.3719
• 1:12:38
  Bitcoin worth 148,707 dollars. Had you saved in Bitcoin?
• 1:12:42
  So here we go. I'm going to play this in the
• 1:12:44
  background. You can see where it diverges,
• 1:12:48
  how a simple DCA strategy in Bitcoin, literally $50 a day
• 1:12:53
  could change your life. Look, you save what?
• 1:12:55
  What was it $50 a day? Since this was I believe 2020 at
• 1:13:00
  the beginning, was that what's 400 weeks, Nico?
• 1:13:03
  Yeah, that's, that's about, that's about four years.
• 1:13:06
  So if you started in 2020-2021, just $50 a day, you would have
• 1:13:12
  about $148,000 in Bitcoin today. Now, of course that price
• 1:13:16
  volatility could change over time, but the visual remains the
• 1:13:20
  same. And I tell this to all my
• 1:13:21
  friends and they all tell me the same exact thing of like, I
• 1:13:25
  can't buy a full Bitcoin, bro, I don't have $100,000.
• 1:13:28
  Like, dude, it doesn't matter, $50 a week you're going to be
• 1:13:31
  good, $100 a week you're going to be good.
• 1:13:34
  And of course it'll keep going. But I really like Hoddle's kind
• 1:13:38
  of take on this. He's like, the thing I always
• 1:13:40
  think about with these animations is not how much
• 1:13:42
  better Bitcoin is than gold, which is obvious, but how little
• 1:13:45
  $50 a week truly is. The average person's life would
• 1:13:48
  be greatly improved if they had an extra 150K, obviously.
• 1:13:53
  And the average person spends $50 a week on absolute bullshit
• 1:13:56
  that does not improve their life.
• 1:13:57
  It just seems like an absolute waste when you think about it.
• 1:14:00
  And this is like, it's not even a hard ask here that we're
• 1:14:04
  telling people, hey, just save $50 a week in Bitcoin.
• 1:14:07
  Your life's going to get better. And everyone says the same thing
• 1:14:09
  like I don't have 100K in Bitcoin.
• 1:14:12
  You show them a visual of this is like, look, would you like
• 1:14:15
  $150,000 today? Everyone would say, yes, well,
• 1:14:20
  all you have to do is follow the blueprint of buying fifty $100 a
• 1:14:25
  week in Bitcoin and your life's going to be like incredibly
• 1:14:28
  different. And everyone's like, no, bro,
• 1:14:30
  that that's not how it works, bro.
• 1:14:33
  You know, $50 a week isn't going to be able to get me a whole
• 1:14:35
  coin. It's like it it, it could, it
• 1:14:37
  could have if you, if you listen to me, But that's besides the
• 1:14:40
  point. It's like, do you want to save
• 1:14:43
  your value? Do you have any value to provide
• 1:14:46
  to the world? Well, measly $50.
• 1:14:49
  You know, one good dinner. Well, actually one DoorDash.
• 1:14:53
  What? DoorDash to me.
• 1:14:54
  What? $50 these days row.
• 1:14:56
  It's like 1 Uber eats meal or something.
• 1:14:58
  It's literally one Uber eats the the different taxes they put on
• 1:15:02
  on DoorDash and stuff. It's.
• 1:15:03
  Crazy bro. You, you buy like a, you know, a
• 1:15:06
  burger and some fries and a shake, $30 Somehow it ends up 50
• 1:15:09
  bucks. You're like, what is going on
• 1:15:11
  here? Where?
• 1:15:12
  Where? Are these fees coming from?
• 1:15:14
  I know I tipped them well, but you know, that wasn't freaking
• 1:15:17
  half of what what I what I ordered here.
• 1:15:19
  But it's just like the visuals is so simple, guys, the strategy
• 1:15:22
  is so simple at this point. I'm a broken record, but like
• 1:15:26
  you guys know this. We've been telling this for
• 1:15:29
  everyone. Yes, everyone says Opti, you
• 1:15:31
  know, can speak about nothing for 30 minutes, but it's like
• 1:15:34
  guys, you forget one thing. Everything's already been said,
• 1:15:37
  but no one was listening the first time.
• 1:15:39
  So hopefully more people are listening here.
• 1:15:42
  They just follow the strategy. Just commit to the strategy and
• 1:15:46
  dude who doesn't want an extra 150 K lying around and all you
• 1:15:49
  have to do is buy $50 a week of Bitcoin?
• 1:15:51
  Like if your life is hard right now.
• 1:15:54
  You should probably. Be buying some Bitcoin and don't
• 1:15:56
  spend it for four or five years and you're going to be good.
• 1:15:59
  Like what is? Yeah, skip a burger.
• 1:16:02
  Skip a burger and buy some sats. Amen.
• 1:16:05
  Amen to that. Skip a burger, buy some, buy
• 1:16:08
  some sats. Anyways guys, it's that time of
• 1:16:12
  the show. Where you're going to be giving
• 1:16:15
  away some sats, and we're going to be giving away some sats
• 1:16:19
  through our boys over at Bitcoin Well.
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  Bitcoin Well is the best place to build your automatic stuff
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  And you could use those points towards the Bitcoin Wishing Well
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• 1:16:41
  you guys right now. Again, you earn these points in
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  two ways. Actually, if you sign up using
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  the bitcoinwell.com/simply code, you actually get 3 tosses into
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  And we're going to be doing a live demonstration for you guys
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  Just hit the water and bam. If you scan the QR code right
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  3 tosses into the wishing well. Every toss you win and every
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  toss you have an opportunity to win up to 1,000,000 Sats.
• 1:17:26
  Guys, we love you. That was the show for September
• 1:17:29
  2nd, 2025. I'm your host Nico.
• 1:17:32
  This is my legendary Co host who's always optimistic optimist
• 1:17:35
  fields. I'm not so optimistic right now,
• 1:17:37
  Nico. This is my legendary Co host
• 1:17:40
  Nihilist Fields who's always nihilistic.
• 1:17:43
  If you guys enjoyed today's show, smash that, like, bite it,
• 1:17:46
  consider subscribing and we'll see you guys tomorrow for a
• 1:17:48
  brand new episode. Take care.
• 1:17:50
  Take care everybody, and stack some sats.
• 1:17:51
  Use those $50 wisely. Yeah, let's get if we're, if
• 1:17:55
  we're all tired of the Bitcoin price everyone should be buying,
• 1:17:58
  we need to, we need to move. This price up start.
• 1:18:00
  Buying Bitcoin. I know we're all broke, but we
• 1:18:03
  should be buying Bitcoin. Exactly.
• 1:18:06
  Don't sell your Bitcoin to BlackRock.
• 1:18:07
  All right, Love you guys. We'll see you guys.
• 1:18:09
  We'll see you on the next one. Peace out.
• 1:18:12
  Today's episode was brought to you by bitcoinwell.com, a
• 1:18:16
  Bitcoin only platform on a mission to enable financial
• 1:18:19
  independence.