Latest / Simply Bitcoin / Bitcoin JUST Hit $100k: $13M is The Next Milestone | EP 1133

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Bitcoin JUST Hit $100k: $13M is The Next Milestone | EP 1133 · Simply Bitcoin

• 0:00
  Yo. Bitcoin officially broke the
• 0:03
  Internet yesterday. We hit $100,000 for the first
• 0:09
  time. We absolutely broke through it.
• 0:11
  I think we peeked at like 100. And three K, but today we're
• 0:14
  going to be exposing why billionaires are already going
• 0:17
  on national TV to explain why $13 million Bitcoin is far more
• 0:23
  interesting. I'll play you guys a clip.
• 0:25
  Let's check it out. But also, did I read somewhere
• 0:30
  that you're saying the each Bitcoin would be worth the
• 0:32
  equivalent of $13 million? Yeah.
• 0:34
  Well, when you when you crank in the growth rate, which for me
• 0:37
  the base case is 29% a year on average for 21 years.
• 0:42
  That gets you from where we are today to 13 million a coin in
• 0:44
  the year 2045. South Bitcoin has so much more
• 0:49
  room to keep going, to keep pumping.
• 0:51
  A lot of people, I hear this like I'm late to Bitcoin.
• 0:54
  No, we are still just beginning. Bitcoin is on the verge of
• 0:58
  taking over the world. And here's Michael Saylor again
• 1:02
  explaining why that is. This the digital capital.
• 1:08
  Look when? When we saw digital photos
• 1:11
  transform, a lot of people didn't get the fact that Kodak
• 1:14
  was going to get replaced by Instagram and Facebook, but they
• 1:17
  get digital photos. Digital capital is what happens
• 1:21
  when your long term store value goes from a building or goes
• 1:25
  from a portfolio of stocks to a digital asset like Bitcoin.
• 1:29
  Bitcoin represents the digital transformation of hundreds of
• 1:32
  trillions of dollars of capital in the world.
• 1:35
  No one expected to see it, so they don't quite get what it's
• 1:38
  going to be except for the fact that it's it's worth all the
• 1:41
  money in the world. So let's let's talk about that
• 1:43
  because you do have you have a couple of slides showing assets
• 1:46
  around the world first. OK, let's start with this from
• 1:50
  from again, geared toward Microsoft.
• 1:53
  But some critics will say when you talk about digital capital
• 1:57
  being economically and technically superior, no tax.
• 2:00
  I mean, that doesn't mean it can't be taxed in certain
• 2:02
  jurisdictions at some point. No torts, you know, legal issues
• 2:06
  are going to come up. No regulator.
• 2:07
  Regulator. I mean, these are great points,
• 2:11
  but are they? Are they forever points?
• 2:13
  The point is, I got $100 million in New York City and I buy a
• 2:16
  building. I got to worry about someone
• 2:18
  slipping and falling on the sidewalk and a property tax.
• 2:21
  But if I can snap my fingers and teleport the building to Zambia,
• 2:25
  Central Africa or to Monaco, all the sudden it's a teleportable
• 2:30
  building. And, and of course, if I don't
• 2:32
  have any tenants in the building, I don't got to worry
• 2:34
  about them defaulting. So digital capital is, is the
• 2:38
  ability to move the money at the speed of light anywhere on earth
• 2:42
  and program it on a computer. There's a lot of people that are
• 2:45
  going to want that rather than having, you know, pick a country
• 2:48
  in Africa where you want to invest your life savings in a
• 2:51
  building forever. Let's say Angola.
• 2:53
  Right. And what happens if the
• 2:54
  government fails? You lose everything.
• 2:57
  But if you could put the building in your pocket and go
• 2:59
  to the place where you like the government, maybe you get to
• 3:01
  keep your money. Great.
• 3:03
  Let's talk about how it's going to grow.
• 3:05
  So in your presentation you have this slide twice.
• 3:07
  The first one right now Bitcoin is $2 trillion, you're saying a
• 3:11
  21 years, $280 trillion. How do we get there?
• 3:15
  What I'm saying is the wealth in the entire world is growing
• 3:18
  because of innovation, because of technology, but also because
• 3:21
  of inflation. And people are thinking to sell
• 3:24
  their Central African real estate to buy Bitcoin, or sell
• 3:27
  their Siberian natural gas to buy Bitcoin or sell their
• 3:32
  Argentine currency to buy Bitcoin.
• 3:34
  So as people migrate their capital into this global
• 3:38
  monetary asset, that asset class is going to grow faster than the
• 3:42
  rest equity, faster than gold. And ladies and gentlemen, this
• 3:46
  is the takeover of Bitcoin. Because it is the.
• 3:51
  Superior asset, all other assets are just going to flow into
• 3:56
  this, as Michael Saylor just beautifully explained and
• 3:59
  pointed out. But I know what you guys are
• 4:02
  thinking, like 13 million dollars, 21 years, maybe a lot
• 4:05
  of you guys are thinking what about the short term?
• 4:08
  So I used Michael Saylor's compound interest.
• 4:11
  He said he's expecting Bitcoin to compound 29% from here.
• 4:16
  But what he didn't have time to explain is.
• 4:19
  Actually. In the short term, he actually
• 4:22
  expects Bitcoin to compound closer to the 40% and then over
• 4:26
  time it's going to start to tail off that, that, that compound
• 4:30
  interest on a, on a, on a yearly basis.
• 4:35
  So I use this compound interest calculator to do some different
• 4:41
  types of calculations, right? So I put $100,000 obviously
• 4:44
  where we're currently sitting at right now.
• 4:48
  And I added different, different compound percentages.
• 4:55
  So the, you know, the base, which is 29%, but to be
• 4:59
  specific, Sailor expects that over the next 10 years, the, the
• 5:03
  compounding rate is going to be closer to 40.
• 5:06
  And then over time it's going to start to level, level down.
• 5:10
  But you know, I, I, I put both examples just for the sake of
• 5:13
  the video. So you guys can see if Bitcoin
• 5:16
  continues to compound from here. On a 29% yearly basis, we're
• 5:23
  looking at a $1.2 million Bitcoin 10 years from now.
• 5:28
  Five years from now, we're looking at a $357,000 Bitcoin.
• 5:32
  However, the one that I find a little bit more interesting is
• 5:36
  the 39% compound interest, because I think that's more
• 5:41
  where we're going to fall into and then things get a little bit
• 5:45
  more exciting and interesting. So on A5 year scale, according
• 5:49
  to this calculator, we'd be at $518,000 Bitcoin five years from
• 5:54
  now at a 39% compound annual growth.
• 5:59
  And on a 10 year level we would be at 2.6, $9 million per coin.
• 6:06
  So absolutely, absolutely crazy. So for anyone who tells you,
• 6:11
  Nico, I'm late, you know, I'm late to the party.
• 6:14
  It's over. It's over 100K.
• 6:16
  You know, that's the thing that I keep hearing.
• 6:19
  What I'm telling you guys is Bitcoin is on the verge of
• 6:22
  essentially taking over the world, right?
• 6:25
  We played you guys clips of President Vladimir Putin,
• 6:29
  president of Russia, saying you can't ban this thing.
• 6:32
  You have courts in China saying, hey, you know what Bitcoins
• 6:36
  legal property, you know, this is, this is the same China that
• 6:39
  is run by the CCP that banned Bitcoin mining back in 2017.
• 6:43
  They're turning around. You have Morocco unbanning
• 6:46
  Bitcoin. We have news coming out of the
• 6:48
  Kingdom of Bhutan, very small country in Asia, in the
• 6:51
  Himalayas. And we're discovering that they
• 6:53
  have 1/3 of their GDP in Bitcoin.
• 6:58
  And of course you have a pro Bitcoin president going into the
• 7:02
  White House. Michael Saylor calls him the
• 7:05
  first Bitcoin president. He actually had a a truth post
• 7:10
  regarding Bitcoin breaking 100K. What type of world do we live
• 7:15
  in? That is insane.
• 7:17
  The future president that's going to be inaugurated in
• 7:19
  January 20th is congratulating Bitcoiners for Bitcoin hitting
• 7:25
  $100,000. So I think 2025 and the next 5
• 7:30
  to 10 years is going to be historic.
• 7:32
  It's going to be explosive and it's going to be extremely
• 7:35
  exciting. I'm here joined today with my
• 7:37
  legendary Co host Optimus Fields.
• 7:40
  We have James from Stamp Seed and of course the one, the only,
• 7:45
  the infamous, the famous yellow Muppet yellow in the house
• 7:50
  yellow. How are you doing today?
• 7:54
  Hey. Man, James, how you doing today?
• 7:59
  I'm doing. Great, man.
• 8:01
  Like woke up. It felt like a sunny day today,
• 8:02
  even though it's cloudy out here in New York.
• 8:04
  It's just good things. So you guys experienced this.
• 8:08
  We're going to be talking to Yellow guys because if you guys
• 8:10
  are not familiar with Bitcoin culture on Twitter, Yellow has
• 8:15
  been running a spaces kind of like a group call type of thing
• 8:20
  for the last three years and playing the music.
• 8:24
  Don't stop believing in anticipation of Bitcoin breaking
• 8:28
  100K. Now, what Yellow expected was
• 8:31
  for this to happen last cycle. It didn't happen.
• 8:34
  And I think he signed up for something that he wasn't
• 8:36
  expecting, but he powered through and today is going to be
• 8:40
  the last Spaces because we finally broke 100K.
• 8:44
  So we're really, really happy to have him on the show today.
• 8:48
  Opti, I'm going to pass it on to you.
• 8:50
  What are your thoughts on Sailors comments?
• 8:53
  Sailors predictions? Opti floor is yours.
• 8:57
  I think it's bearish. No, no, no, no.
• 9:02
  I'm I'm kind. Of trolling.
• 9:03
  I mean, obviously 13 million in 21 years sounds great to me, but
• 9:08
  I think the point remains the same.
• 9:10
  And I I think we're going to cover it later, but the
• 9:13
  psychological number of 100 Ki think it's finally showing the
• 9:18
  world at this point or maybe over the weekend, it'll show the
• 9:21
  world that this is, you know, a, a monumentous feat here.
• 9:26
  Like this is we knew this was going to happen last night.
• 9:29
  I was kind of trolling earlier before the show that it felt
• 9:32
  good for like 20 minutes, but maybe I just expected 100K like,
• 9:35
  you know, years ago that it's like my Grinch only kind of
• 9:39
  pumped for like a little bit. And then I'm like, OK, I am
• 9:42
  bored now like win a million. So I like the fact that now we
• 9:46
  can, we can change the meme from 100K to point $1 million Bitcoin
• 9:51
  so we can start to instill the FOMO into people.
• 9:54
  But yeah, I mean, obviously I, I love a $13 million prediction.
• 9:57
  It it I love some opium every once in a while, but the point
• 10:00
  remains the same. I think everyone is kind of
• 10:02
  waking up not only to the Michael Saylor micro strategy
• 10:06
  strategy, but that the world is going digital and a lot of
• 10:09
  people are dropping all of their other assets around the world
• 10:13
  and starting to fumble into Bitcoin.
• 10:15
  Yes, now it's kind of the institutional capital that's
• 10:18
  going into Bitcoin. But I think everyone is waking
• 10:20
  up to the fact that Bitcoin is no longer just some Internet
• 10:24
  meme coin. Like it's no no longer just
• 10:26
  Internet nerd money and everyone in the world needs to have some
• 10:29
  Bitcoin. And again, that 100K is one of
• 10:32
  those psychological points where now everyone is going to have to
• 10:35
  take it seriously. Obviously a lot of people are
• 10:38
  probably thinking they don't want to buy the top right now,
• 10:41
  but as Bitcoiners we know it's going up forever.
• 10:44
  You know, everything divided by 21 million Bitcoin still has a
• 10:48
  lot of room to run. I think you know, if you think
• 10:50
  of it in adoption terms, I forget what the number is, but
• 10:54
  it's very it's little. I think it's like, you know,
• 10:56
  even the higher numbers like 300 million people are Bitcoiners or
• 10:59
  rather hold some Bitcoin. I would argue that it's probably
• 11:02
  a smaller number of people that are Bitcoiners and I think the
• 11:06
  latest number we got this week from strange lavish that it's
• 11:09
  like Bitcoin is what like point O 2% of all global capital.
• 11:15
  It's so it's still tiny. So if you still are for some
• 11:18
  reason waiting on the sideline right now, you want to start
• 11:21
  getting a position. It's like, I think it's a no
• 11:24
  brainer at this point. Bitcoin is here, It's not going
• 11:27
  away. You know, shouts out to all the
• 11:28
  bears out there that are still waiting for 12K.
• 11:31
  Doesn't seem like we're going to hit 12 K anytime soon.
• 11:33
  It seems like we're more likely to hit 112 K than ever go back
• 11:38
  down to 12 K. So, you know, you need to have
• 11:40
  some Bitcoin exposure. And I think this is one of those
• 11:44
  milestones of Bitcoin becoming the global reserve capital of
• 11:48
  the world. And hey, it feels great.
• 11:50
  Obviously it feels good. I just, you know, a million's
• 11:55
  going to feel better, I think. Oh, man, oh man.
• 11:58
  James, what are your thoughts on this?
• 12:00
  I think everyone's, you know, we hit 100K, we celebrate.
• 12:03
  It reminds me of that meme with the guy with the candle, like
• 12:06
  watching the the computer and he's like locked in, like
• 12:10
  focusing and then hits a certain price.
• 12:12
  He pulls out that like, you know, like that celebration,
• 12:15
  whatever thing, and then he puts it down, he's locked back in
• 12:17
  again. So what are your thoughts?
• 12:19
  What were your feelings when we broke 100K last night?
• 12:22
  And what were your thoughts on Saylor again going on the legacy
• 12:26
  media and giving these types of I I I I don't like the word
• 12:31
  prediction because prediction would be like any random Anon on
• 12:34
  Bitcoin Twitter and just throwing out price predictions
• 12:38
  like Saylor has, like he's laid out the case and he's been
• 12:44
  right. I mean, best performing stock in
• 12:47
  the last, last, you know, year or two on the, the, on the
• 12:52
  NASDAQ and he's been completely vindicated.
• 12:55
  I think he's up $18 billion in his investment.
• 12:58
  So, James, what are your thoughts?
• 13:00
  Yeah, so to answer the first part, last night, to be honest
• 13:03
  with you, I was getting ready to go to bed.
• 13:04
  I think it happened around like 9:30 PM Eastern and I was just
• 13:07
  getting to bed early and my friend texted me to hit 100K.
• 13:11
  It's like, oh wow. Checked it out, had a little bit
• 13:13
  of a reaction, went to go on Twitter just to join the party.
• 13:17
  You kind of felt like a New Year's Eve vibe.
• 13:18
  And to be honest with you, like leading up to 100, Ki was just
• 13:21
  kind of, I don't say apathetic about it, but I just got kind of
• 13:24
  tired of hearing about it. You know, we were kind of
• 13:25
  sideways for a little bit. And you know, it's just like,
• 13:28
  all right already, you know, you know, what about, you know, you
• 13:31
  could talk about the, you know, inflation and how we already
• 13:34
  reached 100K if you factor that in or, you know, reeling that 11
• 13:38
  Bitcoin, just one Bitcoin, all that good stuff.
• 13:40
  But it's still fun to celebrate it happening.
• 13:42
  It was big monumental thing. And after that I went to bed and
• 13:46
  then woke up, you know, three in the morning, you know, just that
• 13:49
  wake up in the middle of the night, check the price of
• 13:51
  Bitcoin. And I was like, oh, wow, I
• 13:52
  forgot to hit 100K right before I went to bed.
• 13:54
  I think it was like 103. And I was like, wow, this thing
• 13:56
  is really moving. And that was kind of, that was a
• 13:59
  wall, right? Breakthrough that 100K wall.
• 14:02
  And you know, see where the price goes after that and you're
• 14:04
  kind of off and running, but just like that mean you're kind
• 14:07
  of back to normal and locked in. And that's definitely the case
• 14:10
  for me. That's talking to people in my
• 14:13
  circle where I'm trying to Orange Bill, brother friends,
• 14:15
  things like that. My brother's just like, oh, I
• 14:17
  missed it, you know, what's the point?
• 14:19
  Find best now I'm going to lose it all.
• 14:21
  You know, anyone who made money on Bitcoin made it already.
• 14:23
  And I was just like, wow, we're so early still.
• 14:25
  You know, like 100K is great for us Bitcoiners and people in the,
• 14:30
  you know, in the space are ready and any corporations looking to
• 14:33
  get in, I suppose, or people with really deep pockets.
• 14:35
  But for any like regular retail investors who's kind of on the
• 14:38
  sidelines, you know, they're just still, you know, they
• 14:40
  missed it. They think, right, they're going
• 14:41
  to look for other cheaper all coins.
• 14:43
  And I'm trying to do my best with my inner circle to explain
• 14:45
  to them, no, that's not it. You know, you missed the train
• 14:48
  from, you know, 200K. Don't miss the train to a
• 14:50
  million because I, I personally think that's going to come a lot
• 14:53
  faster. And yeah, you know, the reaction
• 14:56
  was like a little bit of a roller coaster and, you know,
• 14:58
  we're kind of back to normal business as usual at this point.
• 15:01
  And then, yeah, as far as the sailor going on, it's great to
• 15:04
  see him constantly on mainstream media.
• 15:06
  And I, I talked to some people who aren't real Bitcoiners yet,
• 15:09
  but they they know his face. They know who that guy is.
• 15:11
  They know him as the Bitcoin guy that they keep seeing on legacy
• 15:14
  media and his prediction. I agree with Opti.
• 15:17
  It's a little, I, I think it's a little bit bearish, right?
• 15:20
  Like 29% doesn't really seem like enough, right?
• 15:25
  We we just don't know what's going to happen.
• 15:27
  Like if Bitcoin eats gold, you know, that that could kind of
• 15:30
  change the game a little bit. If the US government, you know,
• 15:32
  well, they're going to get in the strategic Bitcoin reserve,
• 15:35
  They start printing more money to buy Bitcoin at the higher
• 15:38
  price. That's going to drive the price
• 15:39
  up and they don't care what the price is going to be.
• 15:41
  They're just going to buy it either way, right, Just print
• 15:43
  more money. It's you know, it's free to do
• 15:45
  essentially buy as much Bitcoin as you need.
• 15:47
  Bring up the price factor and all the corporation FOMO like
• 15:51
  Microsoft rumbles getting in. I think simpler, scientific,
• 15:56
  whoever else there may be getting in, you know, it could
• 15:59
  be big. If Meta starts to dot Bitcoin,
• 16:01
  you put on that balance sheet, that'd be huge.
• 16:03
  They have so much extra cash flow.
• 16:05
  It's kind of insane if you compare them to other
• 16:07
  businesses, corporations out there.
• 16:09
  So I think it's bearish, but I also think it's, you know, I
• 16:11
  think he has to be reasonable. He can't go on there and say
• 16:14
  Bitcoin is going to be, you know, it's going to eat gold and
• 16:16
  you know, be $500,000 a coin very soon or, you know, million,
• 16:22
  you know, $5,000,000 within a year or anything like that where
• 16:24
  all that stuff could happen. I guess he's kind of taking, you
• 16:26
  know, his approach. He's obviously won in the past.
• 16:28
  He's speaking to a certain audience on legacy media.
• 16:31
  Maybe he wants to tone it down a little bit to get his message
• 16:33
  through. I'm not sure.
• 16:35
  But yeah, that's my take. I think it's a little bearish,
• 16:39
  but hey, Sailor knows better than me, right?
• 16:41
  He's he's made his billions off of it.
• 16:43
  And, you know, regardless of what happens there, I'm, I still
• 16:46
  have my conviction, right? I'm holding never selling,
• 16:49
  buying more. You know 100K is going to look
• 16:51
  cheap one day, right? Five years from now, it's going
• 16:53
  to look cheap. We're going to wish we bought
• 16:54
  more. So I try to look at it that way.
• 16:57
  Absolutely 100% yellow, man. This has been a, it's been a
• 17:02
  historic moment in Bitcoin's history.
• 17:05
  You played a major part of it. How did you feel last night when
• 17:10
  Bitcoin finally break 100K? Were you awake?
• 17:13
  Were you sleeping? What's your take Yellow?
• 17:18
  Yeah, I was yeah, I was sleeping.
• 17:20
  I was sleeping. It was late here.
• 17:23
  And what I do when I sleep is like I close thing in my the
• 17:31
  phone, right. So, so like I was late for work,
• 17:36
  hurried up getting ready, I jumped on my bike, I went to I
• 17:41
  started up my Fiat working PC and as I was doing it, I was
• 17:48
  like, OK, let's let me enable Wi-Fi again on my phone.
• 17:52
  And suddenly the notification started happening When it
• 17:56
  happened coming in like it look like crazy for like 1 easy like
• 18:04
  that. I was like, oh, is this how
• 18:07
  Dennis Porter feels? That's nice.
• 18:09
  And then I like at some point after like 40 seconds, I was
• 18:13
  like, OK, I get it. Like without me taking the price
• 18:18
  we we are, I knew, I knew at the spot that that happened.
• 18:26
  So. So yellow, What is?
• 18:28
  All day today is like me playing cards up.
• 18:33
  Oh man, amazing. Guys.
• 18:35
  If you guys are enjoying the show so far, make sure to smash
• 18:38
  that like button. We're almost at 600 live viewers
• 18:40
  on YouTube alone and almost 1600 live years in total between all
• 18:46
  platforms. Help us break 200 likes within
• 18:49
  the 1st 30 minutes of the show. We're already almost at 1:50.
• 18:53
  But yeah guys, it's going to be a great show.
• 18:55
  Stay tuned. We're going to do our victory
• 18:58
  lap today. I'm wearing a very special
• 19:01
  sweater. I told you so.
• 19:02
  We told you so cherish this moment.
• 19:05
  This is your vindication you've been huddling through.
• 19:10
  You've earned your stripes like you've earned.
• 19:12
  This is a very, very historic moment in bitcoins history and
• 19:16
  we're going to go down memory lane.
• 19:18
  We're going to talk about some of the things, how legacy, how
• 19:23
  Tradfi is reacting. Some of the traditional
• 19:27
  financial media is even saying like, yeah, you guys got it
• 19:32
  right, but we're still right. It's absolutely hilarious.
• 19:35
  Like I mentioned earlier on in the show, Donald Trump posted on
• 19:39
  truth. Congratulations to, you know,
• 19:43
  the Bitcoiners. So it's going to be a great
• 19:45
  show, guys. We have lots to cover.
• 19:47
  And also we're going to be talking about the stamp seed.
• 19:49
  We've reached $100,000. And you don't want to lose your
• 19:53
  seed words because eventually you're going to want to pass
• 19:55
  that on to future generations. And imagine having that
• 19:58
  conversation, you know, you're 80 years old, your grandchildren
• 20:01
  are looking at you and they're like, hey, you're going to pass
• 20:03
  it to me. It's like, no, I'm sorry, my dog
• 20:06
  ate my seed phrase. You know, like that's a terrible
• 20:08
  conversation to have. You don't want to have that
• 20:10
  conversation before we start the show, guys.
• 20:12
  I give a shout out to Simply Bitcoins lead sponsor.
• 20:16
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  Simply at the time of recording, the Bitcoin price IS100I low.
• 24:45
  My God that felt really good to say.
• 24:47
  Holy shit I can't believe it. This is the oh man that feels
• 24:51
  really good. The Bitcoin price is
• 24:54
  $101,160.00. I cannot believe it.
• 24:59
  Oh man dude that's crazy. When I started the show the the
• 25:04
  the the price was not like 3500. This is crazy.
• 25:08
  OK, anyways by. The way Nico, you got to pop out
• 25:11
  the chicken. Dude I I I this is insane.
• 25:15
  Oh my God I can't even believe it.
• 25:16
  Anyways, if you guys are new to the show, this is Satoshi of the
• 25:19
  Bitcoin chicken. He clucks every time the price
• 25:21
  of Bitcoin reaches an all time high.
• 25:24
  So we definitely blew past an all time high last night and we
• 25:28
  still are at all time highs. Block height 873,399 sats per
• 25:34
  dollar 989. Dude, that is crazy.
• 25:37
  Oh my God. Oh my God.
• 25:40
  That's the craziest number here. We're under 1000 sats per
• 25:44
  dollar. That is gnarly market cap. 2
• 25:48
  trillion Bitcoin price and gold 38.4 ounces Bitcoin verse gold
• 25:54
  market cap 10.92% percentage issued 94.24% decline from all
• 26:01
  time high -2.6 realized monetary inflation 1.17%.
• 26:09
  Anyways, I reached out to what I consider him a friend and he's a
• 26:16
  legend of the Bitcoin community. I reached out to Yellow this
• 26:21
  morning and I wanted to have him on the show and the reason for
• 26:25
  that is Yellow has been holding it down for the last 101,123
• 26:35
  days. So three years.
• 26:37
  And Yellows prophecy was that Bitcoin was going to reach 100
• 26:43
  Ki. Don't think Yellow realized what
• 26:46
  he signed up for when he started it, but he powered through.
• 26:49
  He put in the proof of work and just to kind of give you an idea
• 26:52
  of how powerful this proof of work is, we have the Bitcoin
• 26:56
  senator, Senator Cynthia Lummis tweeting yellows meme.
• 27:02
  Don't stop believing Bitcoin reaches 100K.
• 27:07
  So historic, historic moment, and I think it indicates the
• 27:12
  power of our movement. So absolutely crazy Yellow is
• 27:16
  going to be holding his last spaces if Bitcoin stays above
• 27:20
  100K for the next. Three hours done no matter what.
• 27:24
  It's done. So he's going to be holding his
• 27:27
  last spaces, which is going to be popping off.
• 27:30
  You had Lynn Alden commenting. This is incredible proof of
• 27:33
  work. He's going to be holding his
• 27:36
  last. Don't stop believing.
• 27:39
  Hold on to that feeling Spaces today at 4:30.
• 27:43
  You don't want to miss this historic moment.
• 27:46
  I'm I'm just excited to hear what yellow has to say.
• 27:49
  It's going to be great. You guys don't want to miss it.
• 27:52
  Also, speaking about kind of milestones and historic moment,
• 27:57
  Coinbase actually got the guy who made the original video of
• 28:03
  Bitcoin breaking $100 ten years ago.
• 28:08
  I actually have a video of a side by side of the two videos.
• 28:12
  Let's check it out. Watching history be made,
• 28:18
  Bitcoin is now $100,000 that's in it's all time high and it's
• 28:25
  continuing to rise. I've seen it break three times a
• 28:28
  day 1002 and this is the highest that it's ever been.
• 28:31
  It's ridiculous. Look, it, we had last train for
• 28:37
  $100,000 a piece, $11.00 piece. That's amazing to me.
• 28:42
  I mean, just look at this graph, this graph.
• 28:45
  That's the last. That's just the last three
• 28:46
  minutes. Give me a second.
• 28:48
  I'll switch it up. Absolutely insane history in the
• 28:52
  making. And I'm telling you what's going
• 28:55
  to happen is five years from now, 10 years from now, he's
• 28:59
  going to be making another video about Bitcoin breaking
• 29:02
  1,000,000. And then after that he's going
• 29:04
  to be making another video about Bitcoin breaking 13 million
• 29:09
  because it's going up forever, Laura.
• 29:11
  Anyways, Yellow, you're the man of the hour, man.
• 29:15
  How you feeling? How you doing?
• 29:17
  Are you excited for this being your lost spaces?
• 29:20
  It must be bittersweet when you start doing something everyday,
• 29:23
  it starts to become routine and starts to become a part of who
• 29:26
  you are. So I'm sure there's there's
• 29:29
  relief that you're feeling, but I'm sure that also it's a little
• 29:33
  bit bittersweet. What's your take Yellow?
• 29:37
  Yeah, before I put that, the detail in that video that we
• 29:40
  just saw is the guy has the same desk.
• 29:44
  It's the same desk like if all those years after, right?
• 29:49
  That's a Bitcoiner, as you said, like bittersweet man, like I
• 29:55
  feel relieved mostly in the bigger part, but at the same
• 29:59
  time like a little community of the DSBS around that this thing
• 30:09
  and we have a great group chat and most all the guys and they
• 30:15
  can get wholesome and we're having fun every day with my
• 30:19
  Ssenanigans and at the same time every day I had like a man.
• 30:26
  Nobody could take it away and I had a way to express myself and
• 30:33
  rant about whatever was happening and that was
• 30:38
  addicting. I kind of so DSB as it is, it
• 30:42
  has to end because I have to get a life but is going to continue
• 30:50
  in another format. I feel more relaxed for me and
• 30:54
  what I what else I want to do in the space and also I need a
• 30:59
  break for sure. Wait, wait.
• 31:03
  Hold on, hold on, but but breaking news as well.
• 31:05
  Yellow, why don't you tell everyone that you are now doing
• 31:09
  don't stop believing huddle to that feeling up to $1 million.
• 31:14
  Is that true? No, what does?
• 31:20
  What does? You want me to like to play the
• 31:22
  song 6 times or something? Oh man, that's hilarious.
• 31:26
  James, what are your thoughts? I mean, that, that side video
• 31:30
  right of that $100, that is surreal, dude.
• 31:34
  You know, you talking $100 Bitcoin?
• 31:36
  We're sitting at 100,000. It's like it's nuts.
• 31:38
  And shout out to him too for like literally verbatim saying
• 31:43
  exactly what he said 10 years ago, which is absolutely
• 31:47
  hilarious. And he was like, he was like
• 31:50
  saying like there was like a couple bitcoins that were
• 31:52
  trading. It was like 8.
• 31:53
  It's like 10,000 Bitcoin, 5000 Bitcoin.
• 31:54
  It was it was so, so nuts. James, what's your opinion?
• 31:58
  Yeah, I mean, it's crazy, right? Like to be able to.
• 32:02
  He's saying the same things too in some of those clips.
• 32:04
  Like, you know, ever since it hit $100 or $100,000 or kept
• 32:08
  running up and that's what we saw, you know, both times there.
• 32:10
  Unfortunately, I didn't get to see that live when it was at
• 32:13
  $100. I wish I did, but shout out to
• 32:16
  him for holding throughout that, that whole time.
• 32:18
  And yeah, I didn't. I had no idea that guy was still
• 32:20
  around. So it's pretty cool.
• 32:22
  You posted that video last night catching it hit 100K.
• 32:26
  And you know, if you're watching something like that, you can
• 32:29
  just, you see someone humble, right?
• 32:30
  They haven't changed. Like Yellow said, he hasn't
• 32:32
  changed his desk. It's still the same one that's
• 32:34
  sitting there. Probably just kept buying
• 32:36
  Bitcoin and holding throughout that time.
• 32:37
  So absolute legend. And, you know, I'm sure he's not
• 32:42
  going to be selling anytime soon, right?
• 32:43
  He's holding up until whenever. So yeah, no, just really cool.
• 32:48
  Surreal to be able to see something like that happen.
• 32:51
  Got to get him on legacy media with Michael Saylor or
• 32:54
  something. I think that'll be a good, good
• 32:56
  move. Absolutely 100% Opti.
• 32:58
  What's your take on this man? I mean historic video.
• 33:02
  We got the yellow in the house legends hodling to that feeling
• 33:07
  until the very until the very end.
• 33:09
  Like a true Bitcoiner put it in the proof of work to the point
• 33:12
  of getting the attention of a United States Senator to say his
• 33:18
  meme, which is absolutely hilarious.
• 33:20
  Opti. Yeah, well, first of all, my, my
• 33:24
  first thoughts was I, I really want to like obviously I love
• 33:27
  that clip. It's a great clip, historic
• 33:29
  clip, but I really want the one guy to come back that and do an
• 33:33
  updated version of a don't buy Bitcoin.
• 33:36
  It's going to crash. I think it would be great to see
• 33:38
  that at 100K. That would be very historic as
• 33:41
  well. But talking about yellow, I I
• 33:45
  think for most people that don't remember when yellow started it,
• 33:48
  it it the funniest part about yellows don't stop believing
• 33:51
  spaces because he literally did it at the absolute top of last
• 33:55
  cycle and and wrote it all the way down.
• 33:58
  Come on now we're back. So if you want to blame someone
• 34:01
  for not getting to 100 Ki think we can blame yellow but shouts
• 34:05
  out the yellow for. For doing it, it was three days.
• 34:08
  It was three days before the top.
• 34:10
  OK, don't know. Oh man, there is.
• 34:16
  Three days. But it's so it's so it's so
• 34:21
  whoever has an experience that we all love here Bitcoin every
• 34:28
  cycle more stubborn people and more that greater of an IQ.
• 34:34
  But that doesn't stop them or doing magnificent, magnificent
• 34:39
  things in this space, like we are stubborn men and the people
• 34:44
  that more rememberness gets into this network of our more and
• 34:50
  more. The base is built for for going
• 34:56
  down. And if it doesn't going down one
• 35:01
  way. And that's like that's what it's
• 35:03
  simple. It's not it's like really,
• 35:06
  really simple. Each cycle more stubbornness
• 35:10
  gets in the network. People like us, people that are
• 35:13
  not going to sell for whatever reason whatsoever.
• 35:19
  We space every day through sickness and health for three
• 35:24
  and more years with our stubbornness.
• 35:28
  Call it what you want, until we reach, and then someone else
• 35:33
  will get in our place and do something similar.
• 35:37
  And that's how the story of the song goes, forever and ever and
• 35:42
  ever. It's really simple.
• 35:45
  It's so simple. People make it complicated
• 35:49
  because they're used to like this Fiat system that is like
• 35:54
  inherently nihilistic because it's designed to go down
• 35:58
  forever. And it's like a little bit
• 36:00
  shocking when you run into Bitcoin because the system is
• 36:04
  designed to go up forever, and the world hasn't realized that
• 36:09
  yet, right? Imagine the optimism the world
• 36:12
  will have, just the average everyday individual where all of
• 36:16
  a sudden their savings go up over time.
• 36:20
  It's going to be a much more beautiful world, a much more
• 36:23
  optimistic world, and we're all here for it.
• 36:27
  The small difference with with our system and their system is
• 36:31
  that their system what whenever they want they cut their space
• 36:37
  to another whole like football field.
• 36:39
  Our system is this thing it holds a finite amount of the
• 36:47
  side. So in every cycle you infuse
• 36:50
  more and more stubbornness as your base layer in a confined
• 36:54
  space that pressure bidding build every cycle is the price
• 36:59
  going up. So even if if you people that
• 37:06
  right now might be Uber bullies million well with enough
• 37:13
  stubbornness and enough time, we wouldn't that's 100%.
• 37:19
  It's not a stubbornness plus time. 100% because it we're,
• 37:25
  we're going to mean this into reality.
• 37:27
  And this is what Tradfi doesn't understand.
• 37:30
  We're going to get to the Financial Times article.
• 37:33
  By the way, guys, we broke 2000 live viewers.
• 37:36
  We're almost at 600 live years on YouTube alone.
• 37:39
  Guys keep smashing that like button really, really helps push
• 37:43
  the broadcast forward. But anyways, yes, 100% we're
• 37:48
  meaning this into reality. That's why Saylor calls the
• 37:52
  Bitcoin community the diehards, the true believers, the cyber
• 37:56
  Hornets, because we're holding it down.
• 37:58
  Listen, guys, I refuse to go back to that system.
• 38:03
  And there every single day there's more stubborn people
• 38:07
  like me that are joining our network, our system, our money,
• 38:12
  and they're leaving that network, that money, right?
• 38:16
  And they don't have a response, right?
• 38:19
  They Bitcoin would not have been invented, in my opinion, if
• 38:23
  central bankers didn't fundamentally betray the trust
• 38:27
  of essentially the society gave the government and central banks
• 38:33
  this tremendous power and responsibility, and they
• 38:36
  essentially abused that trust to line their pockets and empower
• 38:41
  themselves. And now we found a sly,
• 38:44
  roundabout way to opt out of that system entirely.
• 38:49
  And by the day, the Bitcoin army continues to grow by the day,
• 38:53
  the Bitcoin believers continue to grow.
• 38:55
  By the day, to use Yellow's words, the, the stubborn people
• 38:59
  that are joining continue to grow.
• 39:01
  And we're not going back. For me, it's, it's, it's, it's
• 39:04
  a, this is a political movement. I see it, it's, it's not just
• 39:10
  about like you come for money. Anyone that tells you otherwise
• 39:14
  is lying. But you stay for the revolution
• 39:19
  and the revolution is the separation of money and say the
• 39:22
  revolution is individuals all around the world taking back
• 39:27
  their financial sovereignty using Bitcoin.
• 39:30
  That financial sovereignty they were not aware has been stolen
• 39:34
  from them and that wasn't that's not part of the social contract.
• 39:38
  You can make the argument that income tax was agreed upon
• 39:42
  because it's into law. People feel differently about
• 39:45
  that. But that's the reality.
• 39:46
  We have never agreed to the to the money tax because that's
• 39:52
  exactly what inflation is. It's a form of taxation and the
• 39:58
  government and politicians are relying on the populace not
• 40:02
  being informed about that reality.
• 40:05
  And that's the job of bitcoiners and that's the job of all of us
• 40:09
  to really get that message out there that money can exist
• 40:14
  without inflation. And if money can exist without
• 40:17
  inflation, life gets better. Anyways, guys, stay tuned.
• 40:22
  We have so much to talk about today.
• 40:23
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• 40:25
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• 42:47
  This is not I cannot believe this.
• 42:52
  What timeline are we in? What the F is going on here is
• 42:57
  Donald Trump was going to be inaugurated January 20th of 2025
• 43:03
  and he posted this on Truth Social which is his own social
• 43:07
  media platform to quote him. There's not me saying this, this
• 43:11
  is freaking insane. Congratulations Bitcoiners
• 43:14
  $100,000 this is hilarious. You're welcome.
• 43:18
  Together we will make America great again.
• 43:21
  Michael Saylor quote tweeted this and he said we have a
• 43:26
  hashtag Bitcoin president. I 100% agree this is insane.
• 43:31
  What timeline are we in? I just can't believe it.
• 43:35
  A little bit of a victory lap as well.
• 43:38
  Here's the Financial Times, or as we like to call it, the Fiat
• 43:41
  times here at Simply Bitcoin. And the reason for that is
• 43:46
  because over the last decade or so, the New York Times and the
• 43:53
  Financial Times, which is part of the legacy media, which is
• 43:56
  slowly being replaced by X and, you know, alternative platforms.
• 44:04
  They you know, the meme speaks for itself.
• 44:09
  Like the meme speaks for itself holders an apology, you know,
• 44:14
  and it's the wojack with the, you know, straight face, but the
• 44:17
  crying person that you can see underneath.
• 44:22
  And this just this is hilarious. So regular to read from the
• 44:26
  article, regular readers of FT Alphaville may have formed the
• 44:31
  impression that it's current and former writers are united in
• 44:34
  skepticism about crypto in general and Bitcoin in
• 44:37
  particular. This is correct.
• 44:40
  FTAV post between June 2011 and today may have communicated the
• 44:45
  idea that Bitcoin is a negative sum game being played on a
• 44:48
  protocol that's very clever and hyper hypothetically useful as a
• 44:53
  unit of account, but is chronically inefficient as a
• 44:56
  conventional means of exchange and is compromised as a store of
• 45:01
  value. Our post may also have promoted
• 45:05
  the idea that the price of Bitcoin is an arbitrary height
• 45:08
  gauge that's disconnected from any utility the token may have,
• 45:13
  because it's trivial to duplicate the utility provided
• 45:17
  by said token. So any intrinsic worth comes
• 45:21
  from the sunk cost of infrastructure alongside
• 45:24
  intangibles like regulatory. I don't know what that is.
• 45:29
  Interconnectedness with mainstream financial systems.
• 45:32
  It was once sold as being the antidote to and the souvenir
• 45:37
  attraction of being the 1st. We stand by every single one of
• 45:42
  those posts. Nevertheless, with Bitcoins
• 45:45
  price recently crossing 100,000, a significant number of
• 45:49
  commentators seem to feel they deserve an apology in light of
• 45:55
  our long standing cynicism. So here it is.
• 45:58
  We're sorry. At any moment in the past 14
• 46:01
  years, you chose, based on our coverage, not to buy a thing
• 46:05
  whose number has gone up. It's nice when your number goes
• 46:08
  up. And we're sorry if you
• 46:10
  misunderstood our crypto cynicism to be a declaration of
• 46:14
  support for tried Phi, because we hate that too.
• 46:17
  Well, you know what I just got to say?
• 46:21
  We told you so. And you know what I got to say?
• 46:23
  You guys got it catastrophically wrong in every single regard.
• 46:28
  You guys cost your viewers, so your, your in your readers so
• 46:34
  much money. You guys drop the ball on so
• 46:38
  many levels. And this is exactly why people
• 46:42
  are sick and tired of legacy media and they're using
• 46:45
  alternative platforms like X. So this is the, this meme is the
• 46:51
  representation of their apology. I bet you the writer himself is
• 46:56
  pissed off he didn't buy Bitcoin.
• 46:58
  And you know what? The, the, the whole regulatory
• 47:01
  argument, dude, I'm going to drop the president of the United
• 47:05
  States is congratulating us for crossing 100K.
• 47:09
  All right. So I don't think we're we're
• 47:10
  going to have any issues there. And of course, here's our
• 47:14
  favorite, you know, some one of our favorite news outlets, the
• 47:17
  New York Times, that also has hit us with the metaphoric 2 by
• 47:21
  4 over the last five years or so.
• 47:24
  And they said Bitcoin hits a historic milestone 100,000.
• 47:28
  The price of a single Bitcoin rose to 6 figures for the first
• 47:31
  time, an extraordinary level for a 16 year old cryptocurrency
• 47:35
  once dismissed as a sideshow. Dismissed by you dude, not
• 47:41
  dismissed by you guys right? And if you still don't believe
• 47:44
  it, if you still don't believe what's happening here is Stacey
• 47:50
  Herbert quote tweeting Elon Musk.
• 47:54
  And what was Elon Musk commenting on?
• 47:58
  It is 9 bukele basically saying one giant.
• 48:03
  I told you so and here is autism capital.
• 48:07
  Very popular account on X and he says post the portfolio again.
• 48:12
  It's time to dunk on the haters. The richest man in the world who
• 48:17
  literally figured out a way to land rockets and make self
• 48:21
  driving cars literally said that's impressive.
• 48:25
  Mind you, SpaceX and Tesla both own Bitcoin.
• 48:29
  Tesla's a public company, so they owned about roughly 10,000
• 48:32
  Bitcoin give or take. So yeah, I mean feel cynicism.
• 48:40
  Continue to feel the way that you want to feel.
• 48:43
  If you guys want to literally take yourselves out of business
• 48:47
  because you want to double down on and the traditional financial
• 48:51
  system. That has robbed.
• 48:53
  The lower and middle classes via monetary debasement.
• 48:56
  So be it bro. That's my take on all this.
• 49:00
  This just feels good. Cherish the moment we're
• 49:03
  winning. I told you so, Opti, what's your
• 49:06
  take? Yeah, Well, I love to see the
• 49:09
  Fiat Times and all of the other legacy media start to cope about
• 49:12
  Bitcoin. And I think this is something
• 49:14
  we've been talking about a long time, that once Bitcoin does
• 49:17
  cross that 100K, not only are you going to see it on the
• 49:19
  headlines and they're going to, you know, get the news coverage
• 49:22
  and this, you know, the Bitcoin signals going to get out there,
• 49:25
  but more people are going to have to look at Bitcoin
• 49:28
  seriously. And it really reminds me of when
• 49:30
  I got into Bitcoin and I remember it hitting 10K.
• 49:32
  And that's what essentially gave me the final push to go full in
• 49:36
  and kind of try to understand what Bitcoin is.
• 49:39
  Was seeing it on the news everywhere around 10K.
• 49:43
  And now, you know, we're 10X from that.
• 49:45
  And you just love to see it. And I'm really glad you brought
• 49:47
  up the New York Times article because there is a quote in it
• 49:51
  that I absolutely love. And it's something we've been
• 49:53
  saying, or rather I've been saying on the show for a long,
• 49:56
  long time that this would happen.
• 49:58
  And it's here, actually here I can pull it up so you guys can
• 50:01
  see it. Don't pull it up, just read it.
• 50:03
  Oh OK, well, it was a screenshot of it anyways.
• 50:06
  Anyways, All right, here's a quote and it goes.
• 50:08
  Bitcoins rise to $100,000 signals it's now undeniable
• 50:13
  status in the global economic system.
• 50:15
  The virtual currency has become a staple financial markets
• 50:18
  embraced by Wall Street giants and amateur investors alike.
• 50:21
  It's surge also caps an astonishing turn around after of
• 50:24
  course they were mentioning the FTX debacle.
• 50:27
  And this is the trend that we're going to start to see is more
• 50:30
  people coping on the fact that way.
• 50:32
  I thought Bitcoin died and now it's at 100K and we're just
• 50:35
  going to continue to see the cope go from, you know, 100K to
• 50:39
  a million. And I think this is going to
• 50:41
  push more people into Bitcoin. And this is just the game that
• 50:45
  you see, you know, people cope about Bitcoin.
• 50:47
  You know, they start to bend the knee and they realize, wait,
• 50:50
  Bitcoin isn't dying. You can try to ban Bitcoin.
• 50:53
  You can try to tax Bitcoin. You can try to outlaw Bitcoin.
• 50:56
  And Bitcoin is just going to do its thing and, and literally
• 50:59
  route around the legacy financial system and even route
• 51:02
  around the legacy corporate press.
• 51:04
  And all of us Bitcoiners here are just, you know, absolutely
• 51:07
  winning and you just love to see it.
• 51:09
  And the Naive Bokele just dunk is, is hilarious, just, you
• 51:12
  know, post your games. And he's like, remember all the,
• 51:16
  the headlines from the IMF and stuff saying that El Salvador
• 51:20
  was going to blow up and their Bitcoin play was risky.
• 51:23
  They even said that a couple of times this year that oh, even
• 51:26
  though naive Bokele and El Salvador is doing so well, this
• 51:29
  Bitcoin play is still risky. And I think we're going to see
• 51:32
  even more coke coming out after 100K.
• 51:35
  And it's just great, though, that the Elon Musk tweet is kind
• 51:39
  of interesting in one sense, Like, he is, you know,
• 51:42
  technically the richest man in the world.
• 51:44
  And it feels kind of like cute games, bro.
• 51:48
  But I think maybe this is when Musk kind of turns around and he
• 51:53
  starts to embrace Bitcoin and Start Stop trolling about Doge.
• 51:57
  You know, you can hope, but I know he likes to troll.
• 51:59
  So I think more people are waking up to the fact that, hey,
• 52:02
  Bitcoin isn't going away and you need to have some Bitcoin and it
• 52:05
  feels great. You know, 100K does feel great,
• 52:07
  but there's still a lot of work to be done and people still need
• 52:10
  to understand what Bitcoin is, or rather catch that FOMO bug.
• 52:13
  And the last point is that Trump tweet is just hilarious.
• 52:17
  I, I think that is so funny like I, I think it was inevitable
• 52:21
  that Bitcoin gets to 100K. Obviously the tailwinds of Trump
• 52:24
  embracing Bitcoin and announcing the strategic Bitcoin stockpile
• 52:29
  obviously made the Bitcoin price pump and you're welcome tweet is
• 52:34
  just so funny to me. Like, you know, Donald Trump is
• 52:37
  now being renamed to Donald pump and shouts out to him, pump our
• 52:42
  bags and, and to everyone out there that's like, oh, Donald
• 52:45
  Trump doesn't understand Bitcoin.
• 52:47
  You know, he's, he just kind of is grifting on it.
• 52:49
  It's like, I think this is where we're going.
• 52:51
  Like, I don't think everyone in the future is going to have to
• 52:53
  understand Bitcoin. Like we understand Bitcoin.
• 52:55
  Like, do you understand all the intricacies of the dollar?
• 52:59
  It's like, no, you just use it as money.
• 53:00
  And you know, Trump loves winning and seeing Bitcoin pump.
• 53:05
  I think he's starting to fall in love with just winning with us.
• 53:07
  And I'm OK with that. I'm here for it.
• 53:09
  Like, keep pumping our bags, you know, keep embracing Bitcoin.
• 53:13
  I'm sure Barron Trump out there is gloating right now because
• 53:16
  I'm, I'm convinced Barron Trump really kind of pulling the
• 53:19
  strings behind Papa Trump. And dude, it, it feels great.
• 53:24
  You know, 100K here we go. But the work's not done.
• 53:27
  We got to go to a million and then we're.
• 53:29
  Going to go we're. Going to take over all of the
• 53:33
  global assets in the world. But Opti called me or we were
• 53:36
  speaking this morning and he's like, bro, at 100K, like I can't
• 53:40
  quit my job. And I was like, wait, Opti, like
• 53:42
  at $1,000,000, what? You're gonna quit?
• 53:44
  Like, what are you talking about?
• 53:45
  What else are you gonna do? What?
• 53:47
  I said was 100K feels good but it's not like I can quit my job.
• 53:52
  What else are you gonna do, bro? You're gonna literally go on
• 53:55
  vacation and you're gonna literally get tired of it.
• 53:58
  I don't. Know, like that's, you know,
• 54:00
  that's kind of what a lot of people, a lot of people think
• 54:02
  it's like, OK. Retirement is overrated.
• 54:05
  You need a purpose. You know, I'm retiring and it's
• 54:07
  like, man, I still have to work in the morning.
• 54:09
  Like this is bitter St. Oh man, Yellow, what's your take
• 54:13
  on this victory lap? You know embrace it especially
• 54:17
  for you. Dude.
• 54:18
  You put in the fucking work bro. Three years of don't stop
• 54:22
  believing we're getting attacked left and right by the legacy
• 54:25
  media. These people are like, I'm
• 54:28
  sorry, man. But like, like what?
• 54:31
  What is going? You know, it reminds me of the
• 54:34
  the clip that I played you guys, I think it was last week of the
• 54:37
  Axio CEO having like a full meltdown, basically saying like,
• 54:42
  you're not journalists, you don't like whatever.
• 54:45
  These are the journalists. These are the journalists.
• 54:47
  Like if you would have listened to the journalists for the
• 54:50
  Financial Times, they would have absolutely got you wrecked in
• 54:55
  100 different ways. Yellow what's your take?
• 55:00
  Well, I think it's my fourth cycle, so on the third cycle I
• 55:06
  stop paying that much attention to people that know better than
• 55:12
  me. I.
• 55:14
  Having said that, I understand my like I'm not saying I'm an
• 55:19
  expert to anything. I'm just saying that in this
• 55:23
  particular thing, I'm right and I'm constantly being right and
• 55:29
  son working for me and my family and my friends.
• 55:34
  And sad thing that I know, which is take the space back to the
• 55:39
  basics. Stack sets, huddle your keys.
• 55:43
  It's complicated. So I stopped being paying that
• 55:47
  much attention to those guys outside.
• 55:52
  And even if they're like friends, family, presidents, ex
• 55:58
  presidents, I don't really care that about that.
• 56:01
  No, I'll fight back, sit, post them around them.
• 56:06
  But that's about that's about the energy they will get out of
• 56:10
  me for their damn ways. There will come a point where
• 56:15
  once again, I'll be right and stupid fucking right and they
• 56:20
  will be wrong again. And there will come a point
• 56:23
  where they will join me too, so. Love it, love it.
• 56:30
  James, what's your take on this man?
• 56:31
  It's beautiful chair. I'm cherishing this moment.
• 56:34
  I mean, like how long until we have there?
• 56:37
  There's also a video, by the way, of Jerome Powell actually
• 56:41
  admitting that Bitcoin is digital gold.
• 56:44
  Let's check it out in. The Federal Reserve itself in in
• 56:48
  terms of the system. What do you think of that idea?
• 56:51
  I don't think that's how people think about it.
• 56:53
  I mean, it's, it's so, you know, people use Bitcoin as a
• 56:56
  speculative asset, right? It's, it's like gold.
• 56:59
  It's just like gold, only it's virtual, It's digital.
• 57:02
  People are not using it as a form of payment or as a store of
• 57:05
  value. It's highly volatile.
• 57:07
  It's, it's, it's not a competitor for the dollar.
• 57:09
  It's really a competitor for gold.
• 57:10
  You know, it's that's really how I think of it.
• 57:16
  So I mean, we've made a lot of progress.
• 57:19
  It goes from Bitcoin is not money, this is not money.
• 57:23
  This isn't real to you know what, it might be a store of
• 57:26
  that. I mean, it's a competitor goal,
• 57:28
  not a competitor. U.S. dollars still dope.
• 57:30
  I mean, like you can't deny it. You cannot deny the number go up
• 57:35
  because eventually it just makes you look stupid.
• 57:37
  Anyways, James, what are your thoughts man?
• 57:39
  Yeah. So I did that clip in
• 57:41
  particular, that clip in the Putin clip saying if Bitcoin
• 57:44
  ultimately can't be soft or two things, I'm like, that's going
• 57:46
  to really reverberate throughout, you know, the world
• 57:49
  right now. Legacy PD is going to have to,
• 57:51
  you know, take note of that and change their tune.
• 57:53
  But with the with the power code specifically, you know, Bitcoin
• 57:58
  replacing gold, right? Like Bitcoin is an improvement
• 58:00
  upon gold. It's easy to transport, easier
• 58:02
  to divide. It is, you know, more scarce,
• 58:05
  but it's, you know, it's everything gold is not.
• 58:07
  So obviously it's replacing that.
• 58:09
  But you know, I guess he's forgetting that the dollar used
• 58:11
  to be backed by gold too. So really that was like kind of
• 58:14
  meant to replace gold and they just kind of switched it up on
• 58:16
  us, gave us that hidden tax of inflation.
• 58:19
  And I think he's just trying to buy himself some time, trying to
• 58:21
  buy the Fed some time. Ultimately, like we know the
• 58:24
  dollar really doesn't matter in the in the world of Bitcoin.
• 58:27
  We just kind of price Bitcoin to the dollar or whatever currency,
• 58:31
  you know, that that you're that you're forced to use.
• 58:34
  But yeah, it's, it's replacing gold.
• 58:36
  It's replacing a lot of things that, you know, the dollar
• 58:38
  included. I guess he's just trying to
• 58:40
  create a new narrative out there.
• 58:42
  But we're fine with it, right? If Bitcoin eats gold, that's
• 58:44
  great. I think it would go to what,
• 58:45
  like $500,000 a coin or something to that effect.
• 58:48
  There's a lot of, there's a lot of, you know, a lot more room
• 58:53
  for Bitcoin to grow and that kind of eat these other assets.
• 58:57
  So, you know, with that clip in particular, yeah, it's replacing
• 59:01
  gold. Thanks.
• 59:02
  You know, you know, the dollar also replaced gold, too.
• 59:05
  That didn't work out too good, but Bitcoin will work out good.
• 59:08
  And then with some of the other things, like I don't even like,
• 59:10
  read legacy media Fiat times, I opted out of that stuff pretty
• 59:14
  much before Bitcoin. But whoever wrote that article,
• 59:16
  like they sound like they're really going through it pretty
• 59:19
  hard right now. Like, I can't tell if they're
• 59:20
  coping with themselves. I can't tell if they're trying
• 59:22
  to be condescending to us saying, oh, you shouldn't have
• 59:25
  listened to us. You know, I don't know what the
• 59:27
  direction of that is, but it's all over the place.
• 59:28
  It just sounds like someone going through it.
• 59:30
  They're manic, They're down hard.
• 59:32
  And at the end of the day, whoever wrote that, you know,
• 59:35
  they have to be, they have to be told they can post it, right?
• 59:38
  They can't just, you know, post whatever they want.
• 59:39
  They have editors, they have supervisors, they have CEOs.
• 59:42
  So like, the narrative was controlled, I feel for all those
• 59:44
  years where they couldn't possibly back Bitcoin, whether
• 59:47
  they were afraid to lose their job knowing that it would not be
• 59:50
  published. So like, you know, these, these
• 59:52
  writers out there, I don't I don't take anything for what
• 59:54
  they say really seriously. And at the end of the day, like,
• 59:58
  it's almost like a like Project Mockingbird, I guess still
• 1:00:01
  exists. You know, you see all these
• 1:00:03
  media outlets say the same exact thing basically verbatim.
• 1:00:07
  And, you know, a flip got a switch got turned on where it's
• 1:00:09
  like, OK, you could talk good about Bitcoin.
• 1:00:11
  But, you know, it's interesting that the way they're doing it.
• 1:00:14
  But yeah, that's a weird article I was listening to when you're
• 1:00:16
  reading it. Just like that person is very
• 1:00:18
  manic right now. I'm a little worried about them
• 1:00:20
  so. Yeah, it's just absolutely,
• 1:00:23
  absolutely hilarious. It's, it's just so funny.
• 1:00:26
  But again, it's so fitting. It's so fitting for, you know,
• 1:00:30
  the 100K day first episode of Simply Bitcoin with Bitcoin
• 1:00:35
  above $100,000. Anyways, guys, I do before we
• 1:00:39
  move on to the culture segment, guys, we're going to focus on
• 1:00:43
  seed storage. Guys, I can't emphasize this
• 1:00:47
  enough. Numbers going to keep going up.
• 1:00:49
  And before you know it, I'm telling you, you've been in
• 1:00:52
  Bitcoin a couple cycles. You know this, you're going to
• 1:00:54
  end up with a lot more money than you thought you would have
• 1:00:57
  had. And you have to store your seed
• 1:01:00
  the proper way. And the proper way of doing that
• 1:01:04
  is don't write down your seed words on paper.
• 1:01:07
  Stamp them into titanium. So we're going to talk about
• 1:01:09
  that during the culture segment. But before we do that, I do want
• 1:01:11
  to give a shout out to yellow. Yellow, thank you so much for
• 1:01:15
  coming on the show today. Historic day for Bitcoin,
• 1:01:19
  historic day for you guys go TuneIn to the don't stop believe
• 1:01:25
  in hold on to that feeling. The last X spaces that yellow
• 1:01:29
  will be hosting after doing this for more than three years.
• 1:01:34
  It's scheduled today at 4:30 PM Eastern Standard Time again,
• 1:01:39
  4:30 PM Eastern Standard Time yellow.
• 1:01:41
  Thank you so much for joining us on Simply Bitcoin Live Today.
• 1:01:46
  Thank thank you guys for having me and shout out also to my
• 1:01:51
  family. The mean factory and his name
• 1:01:54
  was Chair force the the original laser ray until 100K so shout
• 1:02:03
  out to those guys too. Appreciate it.
• 1:02:06
  All right. Thank you, Yellow, for joining
• 1:02:07
  us. Really appreciate it, guys.
• 1:02:09
  We'll be right back. We are going to hit the culture.
• 1:02:12
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• 1:04:09
  everybody, I do want to open up this conversation and talk about
• 1:04:13
  seed phrase storage with our boy James from Stamp Seed because at
• 1:04:18
  the end of the day, guys, OP, do you want to do it?
• 1:04:20
  Thanks. At the end of the day, guys
• 1:04:22
  like, look, if you guys are not familiar with self custody, if
• 1:04:29
  you guys don't do it, first of all, you should be taking self
• 1:04:31
  custody of your Bitcoin. You don't take self custody of
• 1:04:33
  your Bitcoin. It's not really your Bitcoin.
• 1:04:35
  We're very, very picky on who we choose to partner with.
• 1:04:38
  We have a hardware wallet as a partner.
• 1:04:40
  We have a seed phrase kit company as a spot as a partner
• 1:04:45
  as well, right? And again, a lot of the benefits
• 1:04:50
  of Bitcoin, you don't feel if you outsource the storage of
• 1:04:54
  your wealth to another person. I can't describe it to you
• 1:04:58
  because there's no other feeling.
• 1:05:02
  When you take self custody, you're reclaiming your back,
• 1:05:05
  your financial sovereignty. And that comes obviously with
• 1:05:09
  personal responsibility, but it comes with a tremendous amount
• 1:05:13
  of power for you, the individual, right?
• 1:05:16
  However, when you reclaim back your financial sovereignty again
• 1:05:21
  because you're not outsourcing it to a bank, the responsibility
• 1:05:26
  of the storage of your wealth falls onto you, right?
• 1:05:31
  And The thing is, you want to take that very seriously because
• 1:05:35
  there is no one 800 number to call if you lose your seed
• 1:05:40
  words. There is no one 800 number to
• 1:05:42
  call if you mess up self custody, right?
• 1:05:46
  So you have to do it the right way.
• 1:05:49
  You have to store your Bitcoin on open source Bitcoin hardware
• 1:05:53
  Bitcoin only hardware wallets. We recommend the passport by
• 1:05:56
  foundation devices and you want to write down or stamp your seed
• 1:06:02
  the proper way, which is why we recommend the stamp seed kit
• 1:06:07
  comes with everything you need comes with the hammer comes with
• 1:06:09
  the the letter stamping tools. If you want to show the hammer,
• 1:06:12
  James, there we go. Boom boom boom comes with
• 1:06:16
  everything you need so that you can literally.
• 1:06:19
  Stamp your seed your seed phrase.
• 1:06:22
  Into this titanium plate and it's going to literally stand
• 1:06:27
  the test of time. This is this is the this is the
• 1:06:30
  type of thing that's going to last 100 years right guys take
• 1:06:35
  it seriously. Usually when you buy a hardware
• 1:06:37
  wallet, it comes with a piece of paper and the piece of paper is
• 1:06:41
  labeled one through 24 and you're meant to write down your
• 1:06:45
  seed words on that piece of paper.
• 1:06:46
  Problem is that you don't want to do that paper is terrible,
• 1:06:50
  right? You imagine like having that
• 1:06:52
  conversation like later down the road.
• 1:06:54
  It's like literally you have millions of dollars in Bitcoin
• 1:06:57
  and it's like my dog ate my seed phrase.
• 1:07:00
  That would be a horrible situation to have, which is why
• 1:07:03
  you got to store your seed phrase properly.
• 1:07:06
  And the stamp seed kit comes with everything you need and you
• 1:07:08
  only have to buy it once, right? That hammer, you can keep using
• 1:07:12
  it. The letter stamping tools, you
• 1:07:13
  can keep using it. And if you want a new seed
• 1:07:16
  raise, all you got to do is just buy a new pit, a new kit, a new
• 1:07:19
  plate. And they're custom now, right?
• 1:07:22
  Look, they have this is the the recent one that was just
• 1:07:25
  launched on Tuesday, the cyber the cyber Hornet and again, we
• 1:07:32
  have a promo code for you guys. If you use promo code simply you
• 1:07:36
  get 15% off anything on their store.
• 1:07:40
  And I know what like a lot of you guys are thinking, which is
• 1:07:43
  like all right, Nico, like you know, you're pitching me this
• 1:07:45
  product. And like whatever this and this
• 1:07:46
  and that guys it is baked into the theme of the show we will be
• 1:07:51
  your guide through the separation of money and state
• 1:07:54
  and the way that that works is individuals taking self.
• 1:07:57
  Custody. But we don't want you to take
• 1:07:59
  self. Custody and you do it in the
• 1:08:01
  wrong way. You have to do it in the right
• 1:08:04
  way because there is no one to call there is no backup right?
• 1:08:07
  You are the backup when you take self custody of your wealth.
• 1:08:11
  So we're don't write down your seed words stamp them unto
• 1:08:14
  titanium. Get a stamp seed today.
• 1:08:17
  Anyways, James, you guys dropped a new product, a special
• 1:08:22
  commemoration of the and I'm looking for it so I could pull
• 1:08:27
  it up here. Again, OK, Bitcoin limited
• 1:08:29
  edition plate. Yeah, if you want to pull it up,
• 1:08:31
  there's a we're going to do a member of plates every time
• 1:08:34
  Bitcoin reaches a big milestone and 100K being the 1st.
• 1:08:37
  And we started with these plate designs with Bitcoin artists
• 1:08:40
  where we just have exclusive partnerships with them.
• 1:08:43
  This is one that we created in house.
• 1:08:45
  Our in house artist Jeanette came up with this design.
• 1:08:47
  It has the Bitcoin chart in the background up to 100K and has
• 1:08:51
  the block height when that happened, the day when it
• 1:08:53
  happened. And there's going to be 210 of
• 1:08:56
  these, only they're all marked one through 210.
• 1:09:00
  We have a lot of collectors who like to get all of our plates
• 1:09:02
  and all designs and hold all them, you know, leave them
• 1:09:04
  sealed just like people do with trading cards and whatnot.
• 1:09:07
  And you know, 1 to 210, we're starting, you know, first one
• 1:09:11
  sold is going to be #1 so, you know, it got launched about an
• 1:09:14
  hour ago. So someone might get #21 that
• 1:09:16
  buys today. That's a good chance.
• 1:09:18
  And those numbers are a little bit more prime.
• 1:09:20
  Other side of this obviously has the 24 spots of Stampede seed
• 1:09:23
  words. You know, all their plates are
• 1:09:25
  blank on the back. But if you want something a
• 1:09:27
  little special with the design, this is available.
• 1:09:29
  So, you know, scoop it up. It just dropped today.
• 1:09:32
  And yeah, as far as you know, self custody goes, right?
• 1:09:35
  Like you want to be your own bank, right?
• 1:09:37
  Holding money in the bank has pros and cons.
• 1:09:40
  There's a lot of cons though, re hypothecation.
• 1:09:44
  Even when, you know, gold was held at the bank, paid gold on
• 1:09:46
  paper was given out and dispersed with more gold that
• 1:09:49
  was actually held. So when someone else holds and
• 1:09:51
  controls your money, they hold and control the entire money
• 1:09:54
  supply. So if you be your own bank, you
• 1:09:57
  hold your Bitcoin yourself, you're in complete, you know,
• 1:10:00
  control of it. You also have that full level
• 1:10:02
  responsibility of it. Like you were saying, the go in
• 1:10:05
  having the right tools in place, you know, help you do that with
• 1:10:08
  more confidence and help you actually do for the long term.
• 1:10:12
  You know, stamping your seat into titanium versus writing it
• 1:10:14
  on paper, obviously a million times better.
• 1:10:19
  You know, titanium's pretty much going to survive triple the
• 1:10:21
  average house fire. So if you have it stored
• 1:10:23
  somewhere in a property, we're worried about that.
• 1:10:26
  You know, there, there are no worries.
• 1:10:27
  You could bury this completely underground.
• 1:10:30
  We're all just the way it is. It's not going to rust.
• 1:10:33
  There's going to be no issues up there too.
• 1:10:34
  So it's virtually indestructible, right?
• 1:10:36
  Versus having a piece of paper versus having multiple pieces of
• 1:10:40
  little metal tiles or something to that effect.
• 1:10:42
  So yeah, I mean, great solution for sure.
• 1:10:46
  You see words for your generation wealth.
• 1:10:48
  You want, like you say, you want your grandkids to be able to
• 1:10:51
  talk about how much of A legend you were for holding Bitcoin
• 1:10:53
  throughout the earlier years and you got to have the right tools
• 1:10:56
  to be able to do something like that.
• 1:10:58
  And you know, I don't know if you could see it right here, but
• 1:11:00
  you know, each letter gets stamped in there deep.
• 1:11:02
  I saw someone in the chat asking if it was like a like a grid or
• 1:11:06
  letters, but it's it's letters 1 by 1.
• 1:11:09
  You just stamp them in there. Proof of work style.
• 1:11:12
  You have one through 24 spots on here and you have your holes.
• 1:11:17
  Holes are great for utility. You can nail this thing into a
• 1:11:19
  wall under a desk in probably within the next two to three
• 1:11:24
  months. Around there, we're going to
• 1:11:26
  have cover plates that will incorporate these holes where
• 1:11:28
  you could cover the plate with the titanium plate that's blank.
• 1:11:31
  There'll be titanium security screws.
• 1:11:33
  Just keep everything you know the same material.
• 1:11:36
  You know, if you want a little extra level of protection where
• 1:11:39
  you're covering up your words, you can do that.
• 1:11:41
  And yeah, the sharding is a great method that we, that we
• 1:11:44
  have too. We have Shamir backups trying to
• 1:11:46
  have everything anyone needs to back up their their sea birds of
• 1:11:49
  confidence. Absolutely.
• 1:11:51
  And Can you imagine like, you know, handing this plate, this
• 1:11:54
  limited edition one out of 210 to your, your grandchildren, you
• 1:11:59
  know, like 30-40, fifty years from now?
• 1:12:02
  And it's, it's literally proof, like it's proof that you know,
• 1:12:08
  it's like this is the 100K plate, right?
• 1:12:11
  So again, very cool collector's item.
• 1:12:13
  But if you guys are just like utility Maxis and you're not
• 1:12:17
  looking into collector's item, the, the traditional kit is
• 1:12:22
  $120.00 and it comes with everything, right?
• 1:12:25
  So. Kind of.
• 1:12:26
  So the the traditional kit, if you go to the drop down and hit
• 1:12:29
  the last one, that's going to be everything that's in the kit.
• 1:12:33
  It's actually 196 for everything.
• 1:12:35
  The without the hammer block, it's 120.
• 1:12:37
  We do that because some people already have a hammer, some
• 1:12:39
  people have a workbench already, so they might want to save some
• 1:12:42
  sats and not get every single tool.
• 1:12:43
  But everyone that has the hammer has loved it.
• 1:12:46
  I mean, this thing is meant for metal stamping.
• 1:12:49
  It's got a short handle, 2 LB weighted head brass tip and
• 1:12:53
  we're talking about one time the the brass tip is good, right?
• 1:12:56
  Because when you're hitting a steel stamp on titanium plate,
• 1:12:59
  if you have a steel tip hammer, it's going to bounce off the top
• 1:13:01
  of that stamp and not go as deep.
• 1:13:03
  All that denting in the brass tip is that proof of work where
• 1:13:06
  that stamp is driving deeper. You're giving you a better
• 1:13:08
  result. You want those letters in there
• 1:13:10
  as deep as possible. You know, if they're just kind
• 1:13:12
  of scratched in with an engraving pen or or something
• 1:13:15
  like that one, it's not going to be neat. 2 will not be nearly as
• 1:13:18
  deep. So yeah, the hammer is pretty
• 1:13:21
  solid, man. It's one of the favorite
• 1:13:23
  products that a lot of people, you know, when we go to
• 1:13:26
  conferences, people comment on it a lot.
• 1:13:28
  We have like Michael Saylor holding the hammer in one of the
• 1:13:30
  pictures. It's just, it's a cool hammer.
• 1:13:32
  It looks pretty bad ass. Yeah, absolutely, 100%.
• 1:13:35
  So let's let's talk about the the kit that that that comes
• 1:13:39
  with everything. So, you know, usually when you
• 1:13:41
  write down, you get a, again, usually when you buy a hardware
• 1:13:45
  wallet, it comes with a piece of paper.
• 1:13:47
  The piece of paper is literally labeled literally one through 12
• 1:13:51
  or one through 24. This is a little bit different.
• 1:13:54
  So it comes with the hammer that James just talked about.
• 1:13:59
  So essentially like you don't want to use a regular hammer
• 1:14:02
  because a regular hammer, it doesn't have that brass tip that
• 1:14:05
  James was talking about. So it kind of bounces a little
• 1:14:08
  bit harder. The brass tip essentially kind
• 1:14:10
  of take some of that impact so that the the letter is hard is
• 1:14:17
  is stamped hard into that titanium plate, right.
• 1:14:20
  So it could stand the test of. Time a dead blow a shot, it's
• 1:14:23
  called. A dead blow exactly, and it
• 1:14:26
  comes with the letter stamping tool the the so the whole
• 1:14:30
  alphabet A through Z. Numbers.
• 1:14:34
  Numbers and it comes with the anvil and it comes with this
• 1:14:39
  this this base that essentially it like guys like you're not
• 1:14:44
  writing something down so you're doing something a little bit
• 1:14:46
  different and believe it or not, sometimes it could be a little
• 1:14:51
  bit complicated stamping letters into a plate.
• 1:14:54
  So what this does, essentially you align the letter has a
• 1:14:59
  little like if you see the the, the line there, the letter and
• 1:15:03
  what it does is it gives you like little cutouts and it tells
• 1:15:06
  you where to stamp, where to hammer that.
• 1:15:10
  So you don't have to guess because you've probably never
• 1:15:13
  have done this before, right? So you go letter by letter and
• 1:15:17
  you just line up the lines with with the thing like I showed you
• 1:15:20
  guys. And then, you know, it takes a
• 1:15:23
  little bit of time to, you know, fully write down that entire 24
• 1:15:29
  those those entire 24 words. But remember, you only have to
• 1:15:32
  do this once, right? You're not you're, this is not
• 1:15:35
  something that you're doing on a daily basis.
• 1:15:38
  So yeah, guys, comes with everything you need, like I
• 1:15:40
  said. And the jig helps hold that
• 1:15:43
  plate in place. Think about if you know, the
• 1:15:45
  plate wasn't held in that alignment tool, the jig, it'd be
• 1:15:48
  bouncing off all over the place on you.
• 1:15:50
  So a lot of people buy things on Amazon, they want to DIY it,
• 1:15:53
  which is fine. I have nothing against it.
• 1:15:54
  But there are some issues with that.
• 1:15:56
  You know, if the plate's bouncing off, you know, on every
• 1:15:58
  hit of the letter, that's a problem that, you know, that's
• 1:16:00
  where it ever starts to come with the place, you know, things
• 1:16:02
  are moving around. You might grab the wrong letter
• 1:16:05
  and stamp the wrong word or the wrong letter.
• 1:16:07
  So, you know, holds it in place nicely.
• 1:16:09
  And that helps you align the letters.
• 1:16:10
  Great. And I think I saw someone
• 1:16:13
  asking, you know, how do you purposely destroy the plate if
• 1:16:15
  it's virtually indestructible? And you can, I mean, you could
• 1:16:18
  just stamp extra letters over the letters that are already
• 1:16:20
  there and purposely destroy it that way.
• 1:16:22
  And then, yeah, probably in a month or two, we're going to
• 1:16:25
  have an eraser stamp that's meant to do that specifically or
• 1:16:29
  use it as a decoy, right. You know, if you're not using
• 1:16:31
  that wallet anymore, you know, it's it's kind of weird, but you
• 1:16:34
  don't want anyone to have it. But there's nothing on it still.
• 1:16:36
  Maybe you just use it as a decoy or keep like a low amount of
• 1:16:39
  sats on there. So you have a little bit of, you
• 1:16:40
  know, you don't have all your eggs in one basket.
• 1:16:43
  Absolutely, absolutely. Also, guys, you only have to buy
• 1:16:47
  the kit once. So you can keep using this the
• 1:16:53
  the stamping base and you can keep using the hammer and you
• 1:16:56
  can keep using the letter stamping tools.
• 1:16:59
  So once you buy this kit, let's say you know, for whatever
• 1:17:03
  reason you make a mistake or let's say you have another seed
• 1:17:07
  words or perhaps you're trying to get your, your family
• 1:17:10
  members, your parents to take self custody.
• 1:17:14
  You can just buy the plates individually, right?
• 1:17:17
  So if you need extra plates, you know they're 20 to $28.00.
• 1:17:22
  And this limited edition 100K one is $38.
• 1:17:25
  By the way, if you use promo code simply, you got 15% off
• 1:17:29
  anything on the store, right? So guys, I can't emphasize this
• 1:17:32
  enough. If.
• 1:17:34
  You have to take self custody and if you take self custody,
• 1:17:38
  you have to do it right. You, you don't do you.
• 1:17:41
  This is something that you'll pay a dear cost for.
• 1:17:44
  This is a mistake that I've made.
• 1:17:46
  This is a mistake that a lot of Bitcoiners have made.
• 1:17:48
  I think it's like part of the Bitcoin journey.
• 1:17:51
  So do it right. Get yourself a stamp seed.
• 1:17:54
  Like I said, we're very, very picky on who we choose to
• 1:17:57
  partner with and who we choose to partner with our, our Bitcoin
• 1:18:01
  companies that are going to allow you to reclaim back your
• 1:18:04
  financial sovereignty the right way, right?
• 1:18:08
  So head over to stampse-ed.com today.
• 1:18:10
  Use promo code simply you got 15% off anything on the store.
• 1:18:15
  Take back your financial custody, take back your
• 1:18:18
  financial sovereignty, take self custody of Bitcoin.
• 1:18:20
  Do it the right way. James, you have any closing
• 1:18:23
  messages for the 2472 people watching Live Opti?
• 1:18:28
  Wait, I, I it's acting up. I got a question from the chat,
• 1:18:33
  James. They're wondering when is the 12
• 1:18:36
  word seed phrase coming out? That's going to be at early
• 1:18:40
  2025. I think we're going to be
• 1:18:41
  ordering it by the end of this week.
• 1:18:43
  It'll be here. And fun fact, you could use it
• 1:18:46
  with the big jig. It's going to, you know, we're
• 1:18:48
  going to have a little spacer that goes in there that takes up
• 1:18:50
  all the negative space and you use the I can't hear you.
• 1:18:56
  You're good, you're good. I couldn't hear you.
• 1:18:58
  Yeah, yeah, yeah. So soon, you know, that 12 word
• 1:19:01
  plate's going to be out soon, which is highly anticipated.
• 1:19:04
  You know, in the meantime, you can use the 24 word plate and if
• 1:19:07
  you really want to buy now, right, you can get the kit with
• 1:19:10
  the 24 word plate and then purchase the 12 word plate by
• 1:19:13
  itself, which of course will offer.
• 1:19:16
  And you know that will come with a little jig spacer that you
• 1:19:19
  slide into because the plate's going to be half the size,
• 1:19:21
  right? So it's going to be sliding
• 1:19:23
  around on you. So it'll be taking up about half
• 1:19:25
  of it. And then they'll be a little
• 1:19:27
  plastic spacer that goes in there to keep everything, you
• 1:19:29
  know, nice and neat. So a lot of things are going to
• 1:19:31
  be coming out in 2025, including the 12 word plate, the cover
• 1:19:36
  plates with security screws that are all made of the same
• 1:19:39
  material. So big things happening soon.
• 1:19:42
  And I know Anika, you're asking for final, final thing to say.
• 1:19:48
  I, I guess I would say that Bitcoin is going to, whatever
• 1:19:50
  Bitcoin you hold now, right? It's going to be worth, imagine
• 1:19:53
  if that's 10 times worth more than it is now.
• 1:19:55
  Because you can see how quick 100K come.
• 1:19:57
  You see how quick a million could come.
• 1:19:59
  And you just, you know, it's, it's nice to be able to have
• 1:20:02
  everything safe and secure before it reaches that Exor, you
• 1:20:05
  know, that crazy height of $1,000,000 per coin.
• 1:20:07
  So takes off custody through a Bitcoin.
• 1:20:11
  You know, get a reputable hardware wallet, put your
• 1:20:12
  Bitcoin and cold storage with it and then stay and proceed into
• 1:20:15
  the titanium and just hold long term.
• 1:20:19
  This is the way. It it really, really like it.
• 1:20:23
  It's what Yellow was saying. It's so simple.
• 1:20:26
  People complicate it. Like it's so straightforward.
• 1:20:31
  Literally get up in the morning, put in the work, stack sats,
• 1:20:37
  live a great life. Like it's like literally not
• 1:20:39
  rocket science. Live in this world where it's so
• 1:20:43
  inverted that you have to do all these shenanigans just to get
• 1:20:48
  by. That's not the that's not normal
• 1:20:51
  on a Bitcoin standard. You do you.
• 1:20:54
  Whatever it is your passion, you make money, put that money into
• 1:20:57
  sats, you save it. Your life gets progressively
• 1:21:01
  cheaper overtime. Everything around you gets less
• 1:21:04
  expensive when you're on a Bitcoin standard, which is why
• 1:21:07
  you have to guard those precious precious Satoshi's the right
• 1:21:11
  way. Anyways guys, this was simply
• 1:21:13
  Bitcoin live. So amazing first episode above
• 1:21:16
  100K. I'm your host Nico, my legendary
• 1:21:19
  Co host Optimus Fields, our special guest today, James from
• 1:21:24
  stampse-ed.com. Head over there today.
• 1:21:26
  Use promo code simply. This was our episode for
• 1:21:29
  December 5th, 2024. We'll see you guys tomorrow.
• 1:21:33
  Peace out, everybody. See you.
• 1:21:36
  Brought to you by bitcoinwell.com, a Bitcoin only
• 1:21:39
  platform on a mission to enable financial independence.