Latest / Simply Bitcoin / NEW REPORT PROVES This Bitcoin Bull Run is DIFFERENT!! | EP 1191
Transcript
- 0:00Yo a new 51 page bombshell report was just dropped that
- 0:05shows us some data that could prove that this bull run could
- 0:11be different. This report also shows that
- 0:14Bitcoin is at the same stage that the Internet was at in 1990
- 0:19and social media in 2005. But despite the report showing
- 0:25it's early, with global adoption levels at 3%, it also uncovered
- 0:30some interesting data that could suggest why your chance to buy
- 0:34Bitcoin under 100K could be disappearing forever.
- 0:39Businesses are buying 1000 Bitcoin per day. 52% of the
- 0:44world's top 25 hedge funds own Bitcoin.
- 0:49But before we talk about the billionaire FOMO, let's dive
- 0:53straight into the section of the report where we're going to be
- 0:56talking about the Bitcoin cycle. So who's this report from?
- 1:01The report is done by River Financial and of course I'm
- 1:04going to bring up my legendary Co host and also my best friend
- 1:08Optimus Fields in the house today.
- 1:10Here we go jumping straight into the report.
- 1:13This bull market is different. Now what's really interesting
- 1:17too is that on top of the report, the report, the river
- 1:22wrote a report, of course, but also Pierre Rashard and Pierre
- 1:26Rashard wrote a, a, an amazing post on X and it was very
- 1:32something very similar. This bull mark, this bull cycle
- 1:35is different. So let's get into all the
- 1:36details because this report is jam packed.
- 1:39Let's do it. Here we go.
- 1:41So this section is called #2 This bull market is different
- 1:45and it compares bitcoins bull market, something that we've
- 1:49been doing actually for the last couple weeks here.
- 1:51It's simply Bitcoin. We've been using different data
- 1:54and it's comparing the different bull markets.
- 1:55So of course, the cycle of 2015 to 2017 and 11,000% performance
- 2:01over 1068 days. The 2018 to 2021 bull market a
- 2:062000% performance over 1060 days and then 2022 to present, right
- 2:152025 apparently is the last year of of the current cycle.
- 2:20If history repeats itself, a 566% performance over 800 days.
- 2:26But again, this cycle is not over as this graphic clearly,
- 2:30you know, shows and represents. I still believe, I come from the
- 2:33school of thought that I think the end of this year is going to
- 2:37be explosive. I think we're going to have a
- 2:38great year and it compares the different cycles.
- 2:42So current bull market not driven by global money supply
- 2:45yet. As of now the, the Fed has not
- 2:50started quantitative easing yet. They start having, they start,
- 2:54they started, they haven't started money printer gober as
- 2:59of yet. But of course that could change.
- 3:02There are plans supposedly from what from the research I've
- 3:05been, I've been doing that that's going to change by mid of
- 3:09this year, right? And it could be explosive.
- 3:12So anyway, so it, it, it compares the, the different
- 3:15dynamics of the market cycles 2015 to 2017, there is an
- 3:19increase of 19.3% in the global M2 money supply.
- 3:26From 2018 to 2021 bull market, there is a 33% increase in M2
- 3:32money supply. Now what's really interesting
- 3:34again, check out the correlation.
- 3:36Is it interesting, right? You see the 2017 bull market
- 3:39peak. Look at the money supply, right?
- 3:42Very, very interesting. Same thing in 20/18/2021.
- 3:46Look at the bull market peak again, very, very similar to
- 3:52where the money supply peaked. But take a look at the current
- 3:56cycle, right? The money printer hasn't gone
- 3:59Burr yet, right? And again, supposedly this is,
- 4:02this is going to change by March of this year.
- 4:06That's supposedly where people are anticipating that the Fed is
- 4:09going to kind of change stances. Inflation was running hot.
- 4:14So a dramatic shift in Bitcoin accumulation occurred in 2024.
- 4:20Cycles were driven by individuals, but ETFs and
- 4:23businesses were the primary Bitcoin accumulators.
- 4:26In 2024, Bitcoin ETFs had record-breaking launches, adding
- 4:31519,000 BTC in 2024. Businesses added 374,000 BTC in
- 4:392020, 431% more than in 2020. Part number three of the report
- 4:47institutions are driving bitcoins price.
- 4:49It goes on to say US spot Bitcoin ETFs reached 100 billion
- 4:53driving 2024 price action. As you can see, the Bitcoin
- 4:57price and the amount of Bitcoin held by the spot ETFs.
- 5:02Again, there's a, there's a correlation there, right?
- 5:04There's a correlation. There's definitely a correlation
- 5:07in that chart. So Bitcoins growing up, Bitcoin
- 5:10is growing up 100%. It's gone into the era of of
- 5:14Wall Street, It's gone into the era of hedge funds,
- 5:17institutional investors, governments.
- 5:20But the question I think remains is, is Bitcoin becoming boring?
- 5:24Is Bitcoin just becoming like like a well performing stock?
- 5:28I mean, we shall see. We'll definitely find out by the
- 5:30end of the year, that's for sure.
- 5:32So 52% of the top 25 hedge funds and Rias own Bitcoin ETFs.
- 5:37So the majority hedge funds and registered investment advisors
- 5:41collectively manage over 135 trillion in the US alone, while
- 5:46total exposure exceeds 30 billion.
- 5:48Allocation sizes remain relatively small, however they
- 5:52have increased each quarter since the launch of the ETFs.
- 5:56So you know it compares the two. Take take a look at Q4 like
- 6:01hedge funds want bananas. And again, you have to
- 6:03understand hedge funds have long term thinking, right?
- 6:08They're not D Gen. they're not D Gen. traders.
- 6:10They're not no, no, no, no, no. They're thinking long term,
- 6:14right? So when you see them
- 6:17accumulating like this, you know they're not just doing this out
- 6:22of, you know, OK, like let's buy some and then we'll sell it next
- 6:28quarter. No, they're thinking long term.
- 6:30They're thinking as Bitcoin as a long term investment.
- 6:33And the fact that the majority of the top 25 hedge funds are
- 6:36looking Bitcoin as a good long term investment, I mean, should
- 6:40tell you everything you need to know.
- 6:41So even though we dropped from 100,108 thousand to 86,000, I
- 6:46mean, if you're selling your Bitcoin right now, make no
- 6:49mistake, you are most more than likely selling it to institution
- 6:55institutions. That's the reality.
- 6:57So Bitcoin ETF ownership, distribution, hedge funds, asset
- 7:00managers, sovereign wealth funds, non institutional
- 7:03investors, Rias, and it keeps going business business Bitcoin
- 7:09adoption is accelerating. So take a look at this.
- 7:12Businesses have accumulated over 1000 Bitcoin per day since
- 7:16January of 2024. Aggregate business Bitcoin
- 7:20holdings. So it talks about strategy.
- 7:22Of course, MicroStrategy, miners, other public companies,
- 7:25private companies, public companies holding Bitcoin grew
- 7:29by 80% in 2024. Do you think that's going to
- 7:33slow down? Probably not the rise of Bitcoin
- 7:36standard company. An increasing number of
- 7:38companies are using Bitcoin as their primary treasury asset,
- 7:41the main vehicle for holding retained earnings rather than
- 7:46distributing earnings through dividends and share buybacks.
- 7:49Right. Lightning Network continues to
- 7:52grow, of course, you guys all know that, and Bitcoin custody
- 7:57is maturing. Third party custodies are
- 8:00evolving. You guys know how we feel about
- 8:02that. The dramatic shift in nation
- 8:05state adoption, all the regulatory changes, of course,
- 8:08they've been positive. This is quite interesting.
- 8:11Global Bitcoin adoption is at 3%.
- 8:14We all talk about the famous S curve here in Bitcoin, right?
- 8:20And it seems like river financial agrees with simply
- 8:23Bitcoin, which is we're still in the early kind of adopter phase.
- 8:26This is super fascinating for anyone who thinks they're late
- 8:29to Bitcoin Bitcoins, you know, 86,000 I've missed the boat,
- 8:33I've missed the train. Let's take this.
- 8:37Let's take a look at this. Bitcoin adoption in 2025 is at
- 8:41roughly 3% of its full potential.
- 8:44The term adoption encompasses more than just Bitcoins price or
- 8:48ownership levels, it reflects a combination of factors.
- 8:52This 3% estimate is derived from a blend of key metrics which are
- 8:56examined in this section. Total addressable market
- 9:00Bitcoins market value remains below 1% of its total
- 9:03addressable market. Institutional under allocation.
- 9:07US based investment advisors collectively allocate just .006%
- 9:12of their portfolios to Bitcoin global ownership.
- 9:15While 14% of Americans own some Bitcoin, global ownership
- 9:19remains under 4%. And they equate it to Bitcoin in
- 9:232025 is like online banking in 1996, social media in 2005 and
- 9:29the Internet in 1990, Right. So I, I was around for the
- 9:35social media in 2005. I remember when Facebook,
- 9:37Myspace, you know, but it was just kind of like, it was like
- 9:41fun, like everyone still thought it was a good idea to put all
- 9:45their pictures online, you know, and it, it was like a different
- 9:49era. I'm old enough to remember that.
- 9:52So the next, the next part, which I think is really
- 9:57interesting. Bitcoin is at less than 1% of
- 10:00its total, a total addressable market.
- 10:03Bitcoin accounts for .2% of total global wealth.
- 10:06Bitcoins total addressable market is 225 trillion, assuming
- 10:13a 50% market share of store of value assets.
- 10:17So and it's comparing, excuse me, equities, gold art, I mean
- 10:26just reaching gold. I think that's a that's like an
- 10:308X, right? That'd be wonderful.
- 10:33But you know, that's more than 100 X essentially, you know, in
- 10:36the, I think the only question is how long is it going to take
- 10:40next step. Institutions are significantly
- 10:42under investment in Bitcoin. U.S. investment advisors
- 10:46currently having net Bitcoin allocation of just .006%.
- 10:51How 128 trillion of U.S. investment advisor money is
- 10:55allocated. And as you can see, Bitcoin is
- 10:58this tiny little speck right here, right?
- 11:01So, yeah, I do agree with the river Financial guys.
- 11:04I I, I do believe that we're still in the early innings of
- 11:08Bitcoin adoption. So yeah, I would take advantage
- 11:12of the dip. Now I'm going to end it with
- 11:14this, which is going to be, I'm not going to end it, but I'm
- 11:16going to pass it on to Opti. It's this post by Pierre Richard
- 11:20Love Pierre Richard. We recently had him on the on
- 11:23simply Bitcoin IRL. Great bitcoiner has been around
- 11:26for a long time, super smart and I love his analysis and his
- 11:31insights. So he says the new Bitcoin bull
- 11:34market. This Bitcoin bull market is
- 11:37different from previous cycles historically, having
- 11:43dramatically reduced bitcoins new supply sparked parabolic
- 11:47price increases. However, with each having the
- 11:50relative reduction in fresh in freshly minted Bitcoin
- 11:54decreases, making this 4th having a smaller shock to the
- 11:57market. As a result, we're seeing a more
- 12:00gradual price growth that aligns with underlying demand.
- 12:03Rather than the sharp run ups and crashes of the past, we're
- 12:07looking at a longer or tempered cycle.
- 12:09Such an environment will better reflect organic adoption as
- 12:13institutional and retail buyers adopt Bitcoin on balance sheet.
- 12:17President Trump's historic return to the White House is
- 12:20ushering in a new regulatory era for Bitcoin, reversing the
- 12:24strict capital controls and compliance burdens previously
- 12:27placed on banks. By removing those limitations,
- 12:30the current administration is willing to let Bitcoin grow
- 12:33organically within an open financial framework.
- 12:37This accommodating backdrop is fostering confidence among
- 12:40institutional investors who rely on regulatory clarity before
- 12:44deploying large amounts of capital.
- 12:47Traditional capital markets have made significant strides in
- 12:50embracing Bitcoin, from ETFs that wrap Bitcoin exposure into
- 12:55a digestible format to large companies like MicroStrategy
- 12:59that holds substantial reserves in BTC with intelligent
- 13:02leverage, the financial industry is recognizing Bitcoins
- 13:05potential as an alternative asset.
- 13:08Hedge funds see opportunities to profit from price frames through
- 13:12options and futures, while financial advisors increasingly
- 13:16consider it a viable component of a diversified portfolio.
- 13:20These developments bring liquidity and credibility to the
- 13:23Bitcoin market, supporting a healthier price floor than in
- 13:27past cycles. Risks remain over leveraged
- 13:31traders will continue to spark sudden liquidations while
- 13:34macroeconomic events and pauses and demand inevitably cause
- 13:38periods of sideways actions and corrections within the bull run.
- 13:42A relatively tight monetary environment, which is what I was
- 13:45talking about in the beginning for USD, continues to be a
- 13:48headwind for Bitcoin as well. Prudent risk management and
- 13:52patience are in order. Even with these shifts in market
- 13:56forces, Bitcoin score attributes, a permissionless
- 13:59transaction technology and a verifiably scarce savings
- 14:04vehicle remain intact. The dual role of Bitcoin as both
- 14:08payment system and long term store value continues to
- 14:11underpin its appeal to individuals, capital markets and
- 14:15governments around the world. The long term strategy for
- 14:18Bitcoin remains ongoing accumulation.
- 14:23So I think this is an incredible analysis by Pierre Richard, and
- 14:27it reminds me of something that I saw in the River Report, which
- 14:32I think is worthwhile to mention, which is this cycle is
- 14:37a little bit different in terms of US monetary policy right now.
- 14:44All the other previous cycles had giant money printer go Burr.
- 14:50And as you can see, this cycle, that's not the case at all.
- 14:55Inflation is still running a little bit hot.
- 14:57The inflation numbers came in it was like roughly at 3% higher
- 15:03than what they wanted to be, which is 2%.
- 15:06So yeah, great reports by River and a great ex post by Pierre
- 15:12Richard. And just I I do agree I think
- 15:16that this bull market is different.
- 15:17However, However, I will say that when money printer goes
- 15:21Burr again, and I will say that I am still extremely optimistic
- 15:26and bullish by by the end of of by the end of I be at the end of
- 15:32this year, I think we're going to be pleasantly surprised.
- 15:35I do agree with American Huddle that this cycle reminds me a lot
- 15:42of 2017. This gives me 2017 vibes.
- 15:47And but we still do have to remember bitcoins growing up
- 15:51Bitcoins growing up. It's not a teenager anymore.
- 15:54Wall Street is here, large institutions are here.
- 15:57It's it wouldn't be good for BlackRock if Bitcoin dropped
- 16:0280%, right? So, you know, are we going to
- 16:05get those drops into the future? No, I still think we'll have
- 16:08like 50% corrections and 40% corrections.
- 16:11I mean, right now we're in a 20% correction, which is a lot,
- 16:14right? 20% discount, depending on how
- 16:18you look at it. But yeah, I mean, I think
- 16:20Bitcoin still kicking ass like always.
- 16:22And you know, we're just in the very beginnings of this.
- 16:26I just, I just think that the key theme and key message to get
- 16:30from all of this, which is very good news for me and Opti,
- 16:33because we'll be here to to talk to you about all this will be
- 16:38will be your huddling entertainment through your
- 16:40Bitcoin journey. Yeah, I think patience is the
- 16:44keyword, right? Patience, focus on growing your
- 16:48income so you could put more of your money into Bitcoin.
- 16:51And you know, the future looks incredibly bright.
- 16:56You know the total addressable mark, I mean, that's 100 X.
- 17:00So whatever your net worth is in Bitcoin right now, multiply that
- 17:03by 100 and that's where it could be at, right?
- 17:07And that's River Financial saying that.
- 17:09Also shout out to the Rumble audience today.
- 17:11Seems like Rumble is popping off.
- 17:13We're almost at 200 live viewers on Rumbles, so shout out to all
- 17:16you guys. Of course, on YouTube we're at
- 17:195:25 and on X we're at 773. So if you guys are joining
- 17:24Simply Bitcoin Live so far, smash that like button.
- 17:28We're only at 80 likes on YouTube.
- 17:30Guys, help us break 100 likes within the 1st 30 minutes of the
- 17:34show. Smash that like button.
- 17:37Smash that like button. Let me ask you guys something.
- 17:40If you believe that this bull market is different and drop A1
- 17:43in the chat. If you believe that this bull
- 17:45market is the same like the rest, we're just getting the
- 17:49party started. Drop A2 in the chat.
- 17:52Let us know your guys's thoughts and also be dropping a poll in
- 17:57the chat very momentarily. Anyways, Opti, what are your
- 18:01thoughts my brother? Well, first of all, I really
- 18:05like that Pierre Rochard tweet. It's something we've been kind
- 18:09of saying for a long time on the show, or rather the last couple
- 18:12of months on the show, is it does feel like something is
- 18:17fundamentally changing in the market.
- 18:19And I guess we could all attribute it to the fact that
- 18:22Bitcoin is maturing. We have institutions coming into
- 18:25Bitcoin. We're seeing Bitcoin being
- 18:26talked about it constantly on corporate press and it's not
- 18:31being driven by retail. We all know that past cycles
- 18:34have essentially been driven by retail.
- 18:36Now, there was a lot of good stuff in this report.
- 18:38I, I completely, you know, parse through the whole report to give
- 18:42you guys some more insights on what's going on and kind of
- 18:45Pierre Rochard really hit hit the nail on the head.
- 18:48A lot of this stuff is the fundamentals of Bitcoin are
- 18:51increasing. They're growing.
- 18:52Obviously for people in the chat, the stuff you guys usually
- 18:55talk about and and kind of you know throw insults at me about
- 18:59it is not talking about the fundamentals.
- 19:02Well, part of it was node counts going up hash rate is going up
- 19:06hash rate is being distributed globally now one of the big
- 19:09things that I noticed from this report is that one individual
- 19:13still hold the bulk of the Bitcoin, but there was a chart
- 19:17there Nico, where we were showing that individuals have
- 19:20been selling a lot of Bitcoin. I think the number was roughly
- 19:24around 525,000. Bitcoin have released the hands
- 19:28of individuals and obviously is going into institutional
- 19:32companies, whether it's the ETF or whether it's private company
- 19:37balance sheets. But the bulk of Bitcoin, around
- 19:4155% of all the Bitcoin in circulation is being held by
- 19:44individuals. So I think it's a very healthy,
- 19:47healthy distribution of the Bitcoin.
- 19:49Obviously, seeing Lightning Network grow is great.
- 19:52I think we've been hearing a lot of fun around Bitcoin the last
- 19:55couple of weeks in the sense that people are saying, oh,
- 19:58Lightning isn't being adopted and Lightning is a failure.
- 20:01I think we've been hearing that for years.
- 20:03And in reality, Lightnings, the only real layer 2 that there is,
- 20:07it's not all these other block chains, it's Lightning.
- 20:09And of course that's being driven.
- 20:10By a lot of the Bitcoin exchange implementing lightning.
- 20:14So that's awesome to see. And the last thing that I want
- 20:18to say and really hit on is this idea of the global Bitcoin
- 20:22adoption. It's still at least from this
- 20:24River report, roughly around 3%. And of course you love the
- 20:29analogies or the parallels of online banking in 1996 social
- 20:33media in 2005 and the Internet in 1990.
- 20:36And I know a lot of us kind of get this feeling, especially
- 20:38because we're in these echo chambers that Bitcoin is already
- 20:41fully adopted. We've we've been always playing
- 20:44that 1S curve adoption where like are we early adopters?
- 20:48You know, are we the beginning of the mainstream?
- 20:51And I think if you kind of look at just the global numbers, we
- 20:55can still safely say we are in early adoption phase. 3% of
- 21:00global adoption is nothing. And and I always say it from a
- 21:04very simple vibes check that if you go out and you talk to
- 21:07people about Bitcoin, not just bitcoins, but normies, most
- 21:11people have heard about Bitcoin, but they most likely haven't
- 21:14touched Bitcoin saved in Bitcoin.
- 21:16And even when you look at that report, it says roughly around
- 21:1914% of American population had some Bitcoin or Bitcoin
- 21:23exposure. That's still super, super
- 21:26minimal in the grand scheme of things.
- 21:28It's like hardly anyone is actually holding Bitcoin and
- 21:31we've gotten up to 100K, which is absolutely nuts.
- 21:34And, and part of that global adoption number that blows my
- 21:37mind is essentially these institutions, even though
- 21:41they're, there is a lot of companies that are kind of
- 21:45getting Bitcoin exposure or they're looking at Bitcoin,
- 21:48their allocation size is tiny. And it in this report it says
- 21:51.006%. And if you compare that with the
- 21:56size of Bitcoin, Bitcoin compared to all the global
- 21:59markets, roughly Bitcoin is like .2% of total assets in the
- 22:03world. And so if they do, those
- 22:06institutions do start to allocate Bitcoin at that number
- 22:09or parallel or the same as that .2%.
- 22:12I'm pretty sure the chart or that report said it'd be a 36X
- 22:16increase of exposure to Bitcoin. So I know a lot of people on
- 22:20Twitter or even in the chat, we do get very impatient.
- 22:24We're wondering like, how come the Bitcoin price isn't pumping
- 22:28with all this news coming out? Why isn't the Bitcoin price
- 22:31going up like we think it is? Well, I think that solves that
- 22:34answer is that their allocation size from these institutions,
- 22:38nation States and even individuals globally is usually
- 22:42a small portion of their assets. And until everyone kind of does
- 22:46the education and, and kind of gone through these cycles and
- 22:50understood what Bitcoin actually is, there's still a lot of room
- 22:53to run. But I think that that time is
- 22:56running out. We're starting to see that
- 22:58people are starting to look at Bitcoin as very seriously.
- 23:01And so the expectation here is Bitcoin adoption will accelerate
- 23:05in 2025. And if you aren't having a solid
- 23:09position in Bitcoin, then 2025 might be the year where we're
- 23:13never going to get see these prices again.
- 23:15It's going to be incredibly hard to get or become a whole coiner.
- 23:19And so right now wouldn't definitely not be the time to
- 23:21take your foot off the gas. We're starting to see that the
- 23:24the interest in Bitcoin is picking up and, and I'm just
- 23:28like, man, it it's definitely early.
- 23:30Everything is early in Bitcoin. I know it's cliche at this point
- 23:33to say it's early in Bitcoin, but if you look at the hard data
- 23:36or the best data we can, I think it goes to show that we still
- 23:40are early in Bitcoin even though we're at 100K.
- 23:43You haven't missed Bitcoin, you haven't missed the next rush of
- 23:46Bitcoin. But it does feel like Bitcoin is
- 23:49starting to kind of go into a different cycle pattern where we
- 23:53might just be seeing, you know, these gradual increases, some
- 23:56consolidation and it seems more like a step, stepwise function
- 24:00here. But we won't really know until
- 24:02the end of this year. But I really do love this
- 24:04report. It really goes to show a lot of
- 24:06the things we've been saying, mainly on like a vibe check
- 24:09here. We're just, you know, reading
- 24:11all the data, getting the vibe check and river gives us the
- 24:14hard data. And it's like, yes, OK, so we
- 24:16aren't tripping here. We aren't just reading and and
- 24:19being delusional on our takes of Bitcoin.
- 24:21Things are different here. But I don't think that's to say
- 24:24that we aren't going to see an incredible leg up at the end of
- 24:272025. If this Bitcoin cycle plays out
- 24:31like old cycles, that means we're essentially going to have
- 24:33200 days of pumping. Like, I don't know, how could
- 24:36you be bearish in regards to the Bitcoin price when we're getting
- 24:40the slow gradual adoption. And as I've said on the show, a
- 24:43lot of time that slow, gradual adoption means that the freedom
- 24:45go up, aspects of Bitcoin take over because there is no huge
- 24:50jump in Bitcoin price. And then with that, the negative
- 24:52reaction around Bitcoin, you know, all the calls for
- 24:55inequality, etcetera. It's like slow gradual grind in
- 24:58Bitcoin, I think is beautiful. And it just goes to show that we
- 25:02really are starting to kind of snap down to reality and we're
- 25:06not going to get these crazy pumps, which is kind of a
- 25:08negative. But it means we are starting to
- 25:11see a closer reaction of the Bitcoin price to the actual
- 25:15adoption of individuals and institutions in nation states.
- 25:18So I think this is what I've been saying for a while, This
- 25:21consolidation period we've seen around 100K is very healthy for
- 25:25the market. And I saw actually another data,
- 25:27I don't have it on the chart here, but I forget who it was,
- 25:30but someone was saying that the sell off we saw yester or this
- 25:34like this 80K sell off, 85 K sell off was greater than the
- 25:39sell off we got in 2021 after the China ban.
- 25:41And Bitcoin stayed at roughly 90K.
- 25:44So I don't know what you're seeing, but to me this is
- 25:47showing that the market is very healthy, it's very resilient,
- 25:50and it's only a matter of time until it explodes in my mind.
- 25:54100%, I think, I think, yeah, I, I, I agree with you.
- 25:57I think, I think we're definitely going to have an
- 26:01explosive, you know, an explosive end of, of 2025.
- 26:06I do believe that from where it stands right now, Bitcoin is
- 26:10definitely underperforming the previous cycles.
- 26:13Now, is that because of the US monetary policy?
- 26:16Is that because Bitcoin is maturing as an asset and again,
- 26:20it's more institutionally driven?
- 26:23I don't know. I don't know, but we'll
- 26:24definitely find out by the end of 2025.
- 26:27I definitely think that, you know, it's Bitcoin is obviously
- 26:30still the best savings technology the world has ever
- 26:33seen. I think Bitcoin is still going
- 26:34to give you the best returns compared to any traditional
- 26:39assets, specifically in the stock market.
- 26:44You know, I think Sailor was predicting what, like 6 between
- 26:4660% to 30% Kaggar, you know, year, year over year.
- 26:52So where else are you going to find that, right?
- 26:55You're not going to find that anywhere else, right?
- 26:59So anyways, very exciting stuff, guys.
- 27:01We have a loaded show for you guys today.
- 27:04We have the state of Florida. We have a governor who by the
- 27:09name of Brian, Brian Donalds, and he's talking about
- 27:15essentially looking at Bitcoin and making South Florida the
- 27:18home of digital assets. That sounds great.
- 27:22And so, and we're also going to have an update for you guys in
- 27:25regards to the strategic Bitcoin reserves initiatives that are
- 27:29happening on a state level. Almost every state has a
- 27:32strategic Bitcoin initiative at this point.
- 27:35Very interesting. Shout out to Dennis Porter for
- 27:37really moving that initiative forward.
- 27:40What I will say is that some have already got shot, shut
- 27:42down, which I think was expected.
- 27:45So we're going to have an update on a strategic Bitcoin adoption
- 27:50on state levels. This is where you guys can take
- 27:53action and agency. I know that the majority of our
- 27:56audience is in the United States.
- 27:58So if you see your state on this list, you can you can get
- 28:02involved. You can call your representative
- 28:04and say, hey, representative, pump my, pump my bags.
- 28:07I'm just kidding. It'd be good for the state to,
- 28:11you know, adopt Bitcoin. It would be positive for the
- 28:14state to adopt Bitcoin. Who knows if they adopt Bitcoin,
- 28:17maybe they get rid of some of the some of the burdensome
- 28:20taxes. And on the news front, some very
- 28:24positive news. It seems like some Democrats are
- 28:28starting to leave the Elizabeth Warren camp.
- 28:33They don't like that what she's doing in regards to her Bitcoin
- 28:36policy or crypto policy. I think a lot of that has to do
- 28:40with the fact that the Democrats lost this previous election.
- 28:44And I've said this many times I've I said this during my
- 28:46interview with Senator Lummis. You can make a very strong
- 28:49argument that the anti Bitcoin stance that the Democrats had in
- 28:54the previous election that they tried to walk back at the end
- 28:59really hurt them. And the reason it really hurt
- 29:01them is what is the largest demographic of Bitcoin holders?
- 29:05It's the younger generations, right?
- 29:07So and what is the biggest the the the Democrat voting
- 29:11demographic, it's the younger generation, right?
- 29:13So yeah, that that's that that wasn't good.
- 29:17But I think that some of them, which we predicted, by the way,
- 29:20on simply Bitcoin, the some of them are looking and saying,
- 29:24hey, Elizabeth Warren, come on now, relax.
- 29:27You know, you got to chill because you're costing us
- 29:29elections. And they're taking a different
- 29:32stance, which is really positive because now we have essentially
- 29:36a, you know, a, a bipartisan type of coalition behind pro
- 29:42Bitcoin politicians, which is extremely positive.
- 29:47And also in the River report, it mentions this.
- 29:49So we'll share that with you guys as well.
- 29:51Anyways, guys, we'll be right back.
- 29:53We're going to hit the numbers segment.
- 29:55Like I said, we have a slam show for you guys and of course,
- 29:58Opti. What are we going to talk about
- 29:59during the culture segment, my friend?
- 30:01Well, a barely very similar story as we're going to cover in
- 30:04the news. We're seeing a general vibe,
- 30:07vibe shift come out of the corporate press.
- 30:09And Jeff Bezos dropped, I would say, a very interesting tweet in
- 30:15regards to what the Washington Post is going to do.
- 30:18So it seems like it's not just the politicians on the left that
- 30:20are kind of capitulating. We're seeing that the corporate
- 30:24press is also reading the writing on the wall and bezels
- 30:26have been saying this for a long time.
- 30:28And then of course, the reaction by some Bitcoiners, because it,
- 30:31it's not just me talking about information here.
- 30:33He literally is, is pretty much touching on Bitcoin topics.
- 30:37So it's, I think Nico, as much as it feels like we're not
- 30:41winning, it seems like we are seeing a general vibe, vibe
- 30:44shift towards a lot of the things that Bitcoiners have been
- 30:47saying. You know, I, I'm, I'm still a
- 30:48little skeptical on it, but it, it's an interesting read.
- 30:52Yeah, absolutely. Did you see Michael Saylor's
- 30:54response to it? Yeah, I.
- 30:55Got it. I got.
- 30:55I got all that. Yeah, so it it is, I think we
- 30:58are definitely feeling a a vibe shift Sailor speaking at C PAC.
- 31:03I think, I think the general consensus is people want less
- 31:07government, people want more freedoms.
- 31:10And of course like the system, the establishment is trying to
- 31:13fight that, trying to slow that down.
- 31:15I don't think they'll be successful.
- 31:17Anyways guys, we almost have 2000 live viewers on all
- 31:21platforms. Shout out to the Rumble audience
- 31:23today it's popping off 255 live viewers on Rumble, almost 700
- 31:28live viewers on YouTube, and 1095 live viewers on X.
- 31:32If you guys are enjoying the show so far, make sure to smash
- 31:36that like button. Smash the like button really
- 31:38really helps with the algos and let us know what you guys think
- 31:42if you guys think that there's a general vibe shift towards
- 31:45freedom worldwide, the so-called great awakening drop A1 in the
- 31:50chat and. Then drop A2 if you think it's
- 31:52manufactured if you. Yeah, there we go.
- 31:55All right. Thank you, Opti front running me
- 31:57a little bit. All right, everybody, we'll be
- 31:59right back. We're going to hit the numbers.
- 32:00We have tons to talk about on today's show, so stay tuned.
- 32:03We'll be right back. I want to tell you guys about
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- 33:35today. All right everybody, we are
- 33:40back. By the way guys, you can scan
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- 33:56At the time of recording, the Bitcoin price is $85,980.
- 34:02Block height 885,441 Stats per Dollar 1160 63 Market cap 1.7
- 34:12trillion Bitcoin verse Gold market cap 8.37% Percentage
- 34:17issued 94.42% Decline from all time high -21.4%.
- 34:24Realize monetary inflation .97%. Lots of ones in the chat.
- 34:29Thanks, Opti. So anyways, what are we going to
- 34:34talk about during the numbers today?
- 34:35Well, take a look at this gentleman right here at.
- 34:38Apparently he's the front runner for the Governor of Florida.
- 34:43He's a Congressman by the name of Brian Donalds and he wants
- 34:47Bitcoin on the state's financial portfolio.
- 34:50Let's check out the clip and then we shall talk about it.
- 34:54I want to turn Florida into the financial hub of the world.
- 34:58Digital assets has made a home in South Florida.
- 35:01I want to make sure that we become the most business
- 35:04friendly state in our country for businesses to incorporate in
- 35:08our state, but then also for the state to take the lead on
- 35:10cryptocurrency and digital assets.
- 35:12I would even consider having crypto be AI mean and that's
- 35:21already kind of happening already.
- 35:23There's a there's two Florida bills investment of public funds
- 35:27in Bitcoin. They're in committee and let's
- 35:30go through state by state, shall we and this incredible website.
- 35:34Whoever put this together, Bitcoin laws dot IO shout out to
- 35:37you bro or or gals or Bros and gals.
- 35:43Seems like Utah is taking the lead.
- 35:46Utah is almost enacted, which would be absolutely historic,
- 35:52Ladies and gentlemen, there is almost a strategic Bitcoin
- 35:56reserve in the great state of Utah.
- 36:01Arizona seems to be in 2nd place.
- 36:04Oklahoma seems to be in 2nd place as well, even though
- 36:07they're only in Chamber 1 Utah. I don't know what's happening in
- 36:10Utah, bro, but you know, they're they're they're really, really
- 36:13pushing this forward very, very quickly.
- 36:16And here are all the other states.
- 36:18Unfortunately, the state of Montana, it got shut down.
- 36:22Unfortunately, the state of North Dakota got shot down.
- 36:26And apparently the state of Pennsylvania got shut down.
- 36:29Apparently the state of South Dakota got shut down.
- 36:33Apparently the state of Wyoming, it got shut down as well.
- 36:37But this was to be expected. This is a post by Dennis Porter.
- 36:42Shout out to Dennis Porter of the Satoshi Action Fund.
- 36:45He has really, really pushed a lot of these these initiatives
- 36:49forward. Check out Dennis Porter, check
- 36:51out the Satoshi Action Fund. I'm personally a big fan and
- 36:56they've done incredible work on the state level for sure.
- 37:00Also check out my interview that I did with Dennis Porter and
- 37:04Senator Cynthia Lummis in Washington, DC, where we talked
- 37:07about the various initiatives in on the federal level and on the
- 37:12state level. And Dennis correctly predicted
- 37:15during that interview that he believed that it was going to be
- 37:20the state of Utah that was going to be leading the charge.
- 37:22And it seems like Dennis was right.
- 37:25So if you guys saw that interview, so if you want
- 37:27tomorrow's Bitcoin used today, you guys got to check out Simply
- 37:31Bitcoins content. Anyways, this is what Dennis
- 37:33said. He said, I've said it many
- 37:34times, but I will say it again. Most Bitcoin bills will fail
- 37:38this year. We went through the same process
- 37:40in 2023 and 2024. Each year we helped introduce
- 37:44many bills. Each year only two bills passed
- 37:47into law. This is normal.
- 37:48I've forecast, I've forecasted this for years.
- 37:51I agree, by the way. And also guys in political in in
- 37:55politics, and you guys have heard me say this so many effing
- 38:00times and I'm going to continue to say it over and over and over
- 38:03and over and over and over and over and over again.
- 38:06Over tin window, over tin window, over tin window.
- 38:09What is the Overton window? The Overton window is the
- 38:12acceptable window of disc, of course, and our job as
- 38:17Bitcoiners and as freedom minded individuals is to move the
- 38:22Overton window. Actually, you know what, Opti,
- 38:24could you pull up the Overton window in the back so we can
- 38:27just pull it up on we could share it on screen so I could
- 38:30just show everyone. And again, this isn't this is
- 38:33where we are guys, OK? We want Bitcoin to become the
- 38:38next global reserve currency. We want Bitcoin to be accepted
- 38:42in mainstream political discourse.
- 38:44We want the ethos of Bitcoin to be accepted in mainstream
- 38:48political discourse. And as you could see what
- 38:52happened with the election of Donald, just just click on the
- 38:55picture. Opti, thank you.
- 38:57And as you could see with the election of Donald Trump and the
- 39:02election of Naimbu Kelly, I'm telling you, as ugly as politics
- 39:06looks as, as, as disorganized, as corrupt, as dysfunctional as
- 39:12it is. And, and this idea as of the
- 39:15Bitcoiners that we just don't want politics to matter.
- 39:18We, we believe in the theory from the sovereign individual
- 39:20where essentially they predict that information technologies,
- 39:23AKA the Internet is essentially going to make politics
- 39:26irrelevant. That is true.
- 39:28But we're still in the transitionary period and
- 39:31unfortunately politics still do matter.
- 39:34So, and your vote matters, right?
- 39:36We manage. Remember, our community, our
- 39:39industry, our movement was able to get Ross out of prison.
- 39:45All right? We got Ross out of prison.
- 39:47We ended Operation Choke .2 Point O.
- 39:50I'll put it to you this way, guys.
- 39:52They effed with us and we got their candidates thrown out of
- 39:57office. Or, to use Donald Trump's words,
- 39:59we got them fired. And we're going to be talking
- 40:02about this during the news segment.
- 40:04Now, it seems like a lot of Democrats don't even want to
- 40:08talk with Elizabeth Warren because they blame Elizabeth
- 40:12Warren for what happened during the 2024 election.
- 40:17So could you pull that up Opti that image?
- 40:20Thank you, bro. So let's talk about this, guys,
- 40:22because this this isn't just simply Bitcoin moving the
- 40:25Overton window. This isn't just us, you know,
- 40:28talking heads and us, you know, saying, hey, guys, like, you
- 40:31know, this is Bitcoin, freedom is good.
- 40:34You know, what is the role of government society?
- 40:37You know what, what? Why should money steal from you?
- 40:42It comes down to your individual agency.
- 40:45It comes down to your individual action.
- 40:47How do you orange, pull the people to the left of you, to
- 40:50the right of you, your friends, your neighbors, your family?
- 40:53And how do you get them to understand that it's not left
- 40:56versus right, It's not conservative versus liberal.
- 40:58It's the money that's broken. If we fix the money, we fix the
- 41:00world, right? So how do we do that?
- 41:02We shift the mother effing over to window.
- 41:05One of my favorite quotes from Andrew Breitbart, which I take a
- 41:10lot of inspiration from him in the show and, and all the other
- 41:14shows that he inspired, like Clotter with Crowder, like Steve
- 41:19Bannon's War Room. There's so many that Breitbart
- 41:22inspired. He really started off.
- 41:25You see his videos from like 10:15 years ago, it, it's like
- 41:29he was an Oracle man. He predicted so much of this.
- 41:32So Breitbart essentially said that politics is downstream from
- 41:37culture, right? So the way that you win the
- 41:40political game is you win the cultural game, right?
- 41:43And the way that you do that is by shifting the Overton window.
- 41:45So if I told you five years ago that Elon Musk was going to team
- 41:52up with Ron Paul to audit the Federal Reserve, you would have
- 41:57literally thought that was unthinkable, right?
- 42:01But look at what has happened in the last five years.
- 42:05They went after our industry, and all of a sudden, the very
- 42:09idea of Bitcoin being a strategic reserve was
- 42:14unthinkable. It was radical.
- 42:17Now it's somewhat acceptable, and we're trying to move that to
- 42:22sensible, to popular, and eventually to policy.
- 42:27And that's where I think Utah might actually win this race.
- 42:30So the Overton window's extremely important.
- 42:34And the way that you move it is with every tweet, every video
- 42:38that you make, every person that you convince about Bitcoin.
- 42:41That's how you shift the Overton window.
- 42:43And the Overton window is shifting at a rapid pace.
- 42:47I think it was Lennon that originally quoted this, but it
- 42:50was something along the lines of and I don't know, I don't agree
- 42:53with Lennon on, on a lot of his, you know, world viewpoints, but
- 42:59he said one of his quotes where there are years where decades
- 43:04happen and then there are decades that years happen,
- 43:08right. Something something along those
- 43:09lines, I'm paraphrasing, but you guys get the general gist of it.
- 43:13We have to move the Overton window and eventually a lot of
- 43:16these things will become policy bit a Bitcoin treated as as
- 43:20legal tender, it'll become policy.
- 43:22Bitcoin as the world reserve currency, it'll become policy,
- 43:26won't just become popular, will become policy, right.
- 43:28So this is our job and a lot of the and I, we got a lot of heat
- 43:33over the years and a lot of people were like in the chat,
- 43:36including Opti, even my own Co host, right?
- 43:39We're like, Nico, why don't you talk about this like Nico,
- 43:41you're holding back Nico or whatever, because you have to
- 43:45move the Overton window. You have to talk about things
- 43:47that are acceptable in the window of discourse.
- 43:50Because if you don't talk about things that are not in the
- 43:53acceptable window of discourse, if you think if you talk about
- 43:56things that are unthinkable, right, you run the risk of being
- 44:01othered you, you run the risk of just being thrown out or deep
- 44:05platformed or not talked about. So we have to move it ever so
- 44:10slowly so that I could say stuff like your money shouldn't steal
- 44:15from you. Inflation is theft.
- 44:17There should be a strategic Bitcoin reserve.
- 44:20Bitcoin should be the world reserve currency like so we can
- 44:23openly say those things and people don't think that we're
- 44:26maniacs when we say those things, right.
- 44:29So yes, we're doing a tremendous amount of we're we're making a
- 44:32tremendous amount of progress. I'm so proud of what our
- 44:35movement has accomplished. The fact that we are in the room
- 44:40in Washington, DC. If you're not in the room,
- 44:42you're not in the deal. We are in the mother effing room
- 44:47and that that's a big win for our industry.
- 44:49So we're definitely making progress.
- 44:51Ross is out of prison. Could you imagine five years
- 44:54ago, Mr. President, could you free Ross Albrecht?
- 44:57That would be unthinkable, unthinkable, unthinkable.
- 45:03And all of a sudden, within a matter of a year and a half of
- 45:06us really grinding, busting her ass, making it unknown to
- 45:12President Trump that this was very popular with the Bitcoin
- 45:15movement. Therefore, it would get him a
- 45:17lot of votes. He was like, all right, I'll
- 45:19free Ross, right? So, you know, this is this is
- 45:22the this is the power of you. You, you have the power.
- 45:26But if you choose to stand up and speak and use your voice.
- 45:29Anyways, Opti, what are your thoughts on this brother?
- 45:33Well, first of all, when I hear that clip, I might take a more
- 45:36negative view on it. It did seem like he was just
- 45:39kind of saying some buzzwords. But I think the point remains
- 45:42the same. The Overton window has shifted
- 45:45and as much as we get disgruntled about it, it seems
- 45:49like it's not happening fast enough.
- 45:51It's happening a lot quicker than probably all of all of us
- 45:55could even imagine. Yes, we want things to move on a
- 45:58lot quicker. Yes, we want to see all these
- 46:00state strategic Bitcoin reserves pass instantly, but that's just,
- 46:04you know, the reality of the situation is that's just not how
- 46:07it works. And so the fact that we are
- 46:09having this conversation, whether you like it or not, I
- 46:12think it's a good thing. There has been and even I
- 46:15personally kind of have taken that stance where the strategic
- 46:18Bitcoin reserve, it was, you know, an exciting topic for a
- 46:21while. I think that narratives around
- 46:22it were really good, but lately I've been kind of feeling a
- 46:25little more bearish about it. I, I think that it's not the
- 46:28biggest thing for Bitcoin. I have some other views on what
- 46:31might be the biggest thing that would drive Bitcoin adoption.
- 46:34But I think that we are seeing this happen.
- 46:37I do think that Dennis Porter might be right that it might
- 46:40happen on the state level before it happens on the federal level.
- 46:43And that's just the beauty of America.
- 46:45And so, you know, shouts out to Utah as someone, I think it was
- 46:47SpongeBob SquarePants in the chat said Utah has a, a very, a
- 46:52very short process to get bills put in, hence why they're kind
- 46:55of leading the charge. Personally, little disappointed
- 46:58that the Wyoming bill kind of flopped.
- 47:01It's is, as you know, we have Senator Lummus.
- 47:03It just it she can't even get a push in her own state kind of
- 47:06hurts. It kind of makes me feel bearish
- 47:08about it happening on a federal level as well.
- 47:11But as someone that lives in Texas, I'm like, yo, let's,
- 47:14let's get that Texas bill along. Let's make sure that Texas is
- 47:17the financial hub, freedom hub of the world.
- 47:20I don't know, I've been talking about this for a while, but
- 47:22they're they're creating a a Y'all St. in Texas, which is
- 47:26they're trying to rival Wall Street, obviously.
- 47:28So I'd like to see stuff move to Texas.
- 47:30I love Texas. It's a great state and and it's
- 47:33obviously very aligned, but I think the point remains the
- 47:36same. We're starting to see that
- 47:37Bitcoin as as a topic, as a mainstream conversational piece
- 47:42is becoming one of the big topics right now.
- 47:45And anyone that is freedom minded or anyone that speaks
- 47:48about freedom either in podcasts or in writing or considers
- 47:53themselves the freedom advocate, if they aren't talking about
- 47:55Bitcoin, what are you doing? That's probably kind of that
- 47:59defining conversation. There's that line in the sand,
- 48:02like if they aren't embracing Bitcoin, then really what are
- 48:05they doing that like, yeah, you can, you can give some airtime
- 48:08to the words about freedom, but if you aren't embracing freedom
- 48:10money, then it really doesn't mean anything.
- 48:12As we've been saying on the show forever, there's really only one
- 48:15solution here and is for more people to adopt Bitcoin to get
- 48:19on the strongest, most decentralized, most
- 48:21permissionless, censorship resistant network in the world,
- 48:24which is of course, Bitcoin. But hey, I think it is slowly
- 48:28moving. We're slowly pushing the
- 48:29cultural needle forward. And as this starts to address,
- 48:33I'm I'm really it, it's really the same old thing, guys.
- 48:36Until the Bitcoin price starts doing something exciting, most
- 48:39people aren't going to talk about Bitcoin.
- 48:40It's only us freaks that talk about Bitcoin every day that
- 48:43it's the one defining conversation for us.
- 48:46But I think that's going to change soon.
- 48:48And, you know, until then, we'll just be covering other news
- 48:51stories and all this new development.
- 48:53I'm Nick. I'm starting to feel the same
- 48:55ETF fatigue with the strategic Bitcoin reserve bills.
- 48:58You know, it's like, OK, like, oh, another company is buying
- 49:03ETFs, OK, another state is adding a bill.
- 49:05Like when is something concrete going to happen?
- 49:10It it honestly, it seems like a slow start of the year.
- 49:13I'm, I'm not going to lie, I, I feel.
- 49:15Like it reminds me, it reminds me of 2017.
- 49:18Dude, I'm telling you, I feel like 20/20/17 was the I don't I
- 49:24don't think you guys understand. It was the same like the year
- 49:27started off so slow and then by the time we got to August, like
- 49:31it was like whole like, Oh my God, this is crazy and the
- 49:36Bitcoin price was pumping and whatever I'm telling you, I'm
- 49:38feeling that same type of vibe in 20/21.
- 49:41It was like it was a front run. It like it the the the cycle
- 49:45happened a lot faster than than like anyone was anticipating.
- 49:49Anyways, guys, if you guys are enjoying the show so far, almost
- 49:52700 of you guys watching live on YouTube.
- 49:55Oh wow, about to break 700 live on YouTube.
- 49:58Smash that like button help us break 300 likes before the end
- 50:04of the show. Of course shout out to the
- 50:06rumble audience. It's absolutely popping today.
- 50:09221 live viewers smash that like button like button rumble and
- 50:14subscribe. And of course, shout out to our
- 50:16loyal X audience as well. 1412 of you guys watching live as
- 50:22well. So drop a drop a, you know, drop
- 50:26a drop a drop a like, and, you know, consider subscribing.
- 50:29Anyways, I did want to go through some comments before we
- 50:31move on to the next segment, Opti.
- 50:35So Mr. Cellophane says politicians think bitcoins are
- 50:40suckers. You got played in many such
- 50:42cases. Hey bro, we got Ross freed.
- 50:45And SAB 121 repealed. Like what are you talking about?
- 50:50Like if, if everyone thought like you, Ross would still be in
- 50:53prison. So like I'm telling you like
- 50:56this whole like I'm too, I'm too good for politics.
- 51:00Therefore whatever. If you have that mindset, if
- 51:04everyone has that mindset, Ross would still be in prison.
- 51:07Operation Choke .2 point O would still be happening if everyone
- 51:11thought like you. So even if I got played as a
- 51:15fool by President Trump and he just promised us, hey, I'm going
- 51:20to free Ross, and then he didn't free Ross, even if I got prayed
- 51:24as a fool, at least I know I could sleep soundly at night
- 51:28because I had the moral courage to fight to achieve what we want
- 51:33to achieve. And that's what it's going to
- 51:35take. It's going to require moral
- 51:37courage with the thought of knowing that you could fail in
- 51:41order for us to win this peaceful Bitcoin revolution.
- 51:46So yeah, I got, I mean, not I got we got Ross freed because we
- 51:50believed, because we tried, because we put in the effort.
- 51:54But if you have this defeatist attitude of like, hey,
- 51:57politicians are playing. Listen, politicians, the whole
- 52:01point, they're going to tell you exactly what you want to hear
- 52:04because that's how it works. That's the whole gig.
- 52:07They have to pander to you. That's how they get elected.
- 52:11But eventually they they're going to end up doing what you
- 52:13want them to do because their their incentives aligned with
- 52:17yours. We know that the vice president
- 52:19owns Bitcoin. We know that RFK owns Bitcoin.
- 52:22We know that Tulsi owns Bitcoin. They've all spoken at the
- 52:24Bitcoin conference. We know that Trump owns Bitcoin.
- 52:29They're human beings. They're, they're, they're, what
- 52:31do you think their incentives are to pump their bags?
- 52:35Like no one's better than their incentives.
- 52:38So like, every time I see that type of attitude, like, I'm
- 52:41going to call it out. I'm going to call it out because
- 52:44it's, it's a defeatist attitude. And we are now in the room.
- 52:48We are now in the room in DC. We are now in the negotiating
- 52:51table. And it's going to get ugly.
- 52:52It's going to get nasty, but this is how we win.
- 52:54One step at a time. All right, everybody.
- 52:56Hey. Wait, hey, wait, Nico, before
- 52:57you go, before you go. We just did get a super chat by
- 53:02the US dollars even says Bitcoin is about proof of work.
- 53:05Hold Trump to prove his work. Exactly, exactly. 100%.
- 53:09All right, everybody, We'll be right back.
- 53:10We're going to hit the news. We're going to talk about
- 53:11Elizabeth Warren. We'll be right back.
- 53:15I want to. Give a shout out to our sponsor
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- 55:17foundation dot XYZ slash. Simply get Peace of Mind for
- 55:22your piece of Bitcoin. All right everybody, we are
- 55:30back. Before we jump into the news
- 55:31guys, I do want to give a shout out to the Super chats.
- 55:34Ron P appreciate the $21.00 man. Thank you so much for appreciate
- 55:38it Hamesito the 1999. Appreciate it bro.
- 55:43Tell him Nico and Opti thank you.
- 55:45Hamesito. Appreciate the support and one
- 55:49we got from Zhong $10 Bitcoin is about proof of work.
- 55:53Hold Trump to prove his work. So appreciate the Super chats.
- 55:56Thank you guys so much for supporting the show.
- 55:59Guys, this show would not be possible without you guys.
- 56:02We get this question all the time.
- 56:03How could you support the show? We'll send the Super chats or
- 56:06you could check out all of our amazing sponsors.
- 56:09Anyways, let's jump straight into the show, ladies and
- 56:12gentlemen. I mean, late into straight into
- 56:15the news article we're going to cover for today by political.
- 56:18So Politico was discovered by Doge Elon Musk's Elon Musk's
- 56:23initiative in the federal government that Politico was
- 56:26actually receiving funding from the US government.
- 56:29Now, isn't it interesting that as soon as that's discovered,
- 56:35there's an article that's basically saying, hey, you know
- 56:37what, Elizabeth Warren isn't that quite isn't that popular?
- 56:40It's almost as if you know all that opposition man Opti.
- 56:45Should I just should I just RIP it?
- 56:48I don't even know where you're going, but yes.
- 56:50It, it might be out of the Overton window, but I should I
- 56:53just no, I'm not going to say, I'm not going to say hold on.
- 56:56I'm not going to say. I'm not going to say wait, wait.
- 56:58Where's my fail? Where's my fail sound here dude?
- 57:01I'll put, I'll, I'll put it, I'll put it to you this way.
- 57:04It's almost as if, it's almost as if all this media, press and
- 57:12coverage regarding a lot of these world events that were pro
- 57:16freedom, it's almost as if a lot of that was fake.
- 57:20It's almost as if a lot of that was fake.
- 57:22It's almost as if a lot of that was funded by the government
- 57:26itself. There we go.
- 57:27C opti. There's ways to say things.
- 57:29There's ways to say things. Anyways, a new crypto clash
- 57:33looms for Elizabeth Warren. What a great title.
- 57:38Democrats are barreling towards a new clash over cryptocurrency
- 57:41policy that could pit a growing cadre of industry friendly
- 57:47lawmakers in the party against the left's loudest voice on
- 57:51Financial Policy, Senator Elizabeth Warren.
- 57:54Pro crypto lawmakers are moving quickly to advance long sought
- 57:58legislation that would give new legitimacy to the digital asset
- 58:02sector. Part of a Republican LED push to
- 58:05push on President Donald Trump's pledge to turned the United
- 58:08States into the, quote, crypto capital of the planet to make it
- 58:12happen. They're scrambling to get enough
- 58:14Democrats on board with industry backed legislation to clear the
- 58:18Senate. Some on the left are already
- 58:21signing on and it's setting up a potential rift between crypto
- 58:25friendly Democrats and Warren just months into the
- 58:28Massachusetts lawmakers tenure as in party's new leader on the
- 58:32powerful Senate Banking Committee.
- 58:35Isn't that badass? So it's like, it's like Senator
- 58:37Lump versus Senator Warren. Isn't that spicy?
- 58:41There's a number of Democratic senators who who do want to get
- 58:46involved in this space. Senator Senator Gillibrand, a
- 58:49pro crypto New York Democrat who has helped write GOP LED digital
- 58:53asset legislation, is quarterbacking the efforts to
- 58:56get other members of her party on board.
- 58:59The push comes as part of a broad shift in Washington policy
- 59:02making towards regulatory changes that could benefit the
- 59:06crypto sector. The industry, long dogged by
- 59:09scandals and concerns about financial fraud, is now being
- 59:12embraced by lawmakers and regulators who are eyeing
- 59:15changes that can help let legitimize its $3 trillion
- 59:19market. The turn has been driven in part
- 59:22by a massive political spending spree by top crypto firms and
- 59:27executives, who have dumped hundreds of millions of dollars
- 59:31into influence campaigns designed to take down critics
- 59:35and boost industry allies. The effort to attract more
- 59:38bipartisan support illustrates how Democrats hold the keys to
- 59:43passing the crypto legislation. The GOP have pledged, which will
- 59:46require 60 votes to pass the Senate, where Republicans hold a
- 59:51narrow majority of 53 seats. It could become one of the few
- 59:55spaces for bipartisan deal making in a bitterly divided
- 59:59Congress. Washington's pro crypto shift is
- 1:00:03primarily driven by being driven by Republicans, who have broadly
- 1:00:07embraced the sector, but a growing number of Democrats
- 1:00:10appear eager to get on board. The embrace comes despite
- 1:00:14concerns from skeptics like Warren, who have been leading a
- 1:00:18critic who have been a leading critic of the digital asset
- 1:00:21sector. Quote I have a very.
- 1:00:23Very different experience with crypto and understanding of how
- 1:00:27it fits into our economy, Senator Ruben Gallego of Arizona
- 1:00:31said in an interview last month of his differences with Warren.
- 1:00:34And it makes sense why? Because Arizona is a swing
- 1:00:39state, so of course it makes sense, right?
- 1:00:44Massachusetts is a heavily, heavily blue state.
- 1:00:46It's not a swing state. Gallego voted as a member of the
- 1:00:50House last year for an industry backed crypto bill that Warren
- 1:00:53opposed. He said last month that he is
- 1:00:55going to vote to represent what I think Arizona actually thinks
- 1:00:59about crypto and how it fits into the economy.
- 1:01:03It's all coming together to present a majority of a major
- 1:01:06early test for how Warren, who has clashed fiercely with modern
- 1:01:10Democrats in the past over financial regulation issues,
- 1:01:13will handle differences with others in her party in her new
- 1:01:17role as its leading leader on the committee overseeing Wall
- 1:01:20Street and crypto. She has warned that the digital
- 1:01:23assets present risk to consumers and called for the industry to
- 1:01:27be subjected to tougher anti laundering standard.
- 1:01:31You know what's a risk to consumers?
- 1:01:33Inflation. Senator Warren, inflation is a
- 1:01:36bigger risk to the lower and middle classes of the United
- 1:01:40States than whatever BS you're trying to conjure up.
- 1:01:44Anyways, that's my thought. I believe that Democrats
- 1:01:47understand the importance of consumer protection.
- 1:01:50If you want consumer protection, you should be worried about
- 1:01:53inflation. You should be worried about how
- 1:01:55the average Joe, the average everyday person could just, you
- 1:02:00know, not get ravaged every time and the government decides to go
- 1:02:04on a spending spree. That that's my thought on that.
- 1:02:07That's, you know, that's not fair.
- 1:02:09It's it's just like it's it's wordsmithing.
- 1:02:12Anyway, smash the like button. And we're about to make 300
- 1:02:15likes on YouTube. Appreciate the support
- 1:02:17everybody. Quote.
- 1:02:18I believe that Democrats understand the importance of
- 1:02:20consumer protections and anti money laundering curbs and a new
- 1:02:24financial product. Warren told reporters last week
- 1:02:26in response to questions for this story.
- 1:02:29Quote all we're looking for is a level playing field between
- 1:02:32crypto and all the other financial systems.
- 1:02:34So I'm going to I'm going to leave it.
- 1:02:36I'm going to I'm going to leave it there.
- 1:02:37That, that you didn't have a level playing field last year.
- 1:02:41That, that, that's BS. That wasn't a level playing
- 1:02:44field. The industry was targeted.
- 1:02:47Specific Americans were debanked because of their political
- 1:02:51viewpoints. This was even happening in
- 1:02:53Canada with the truckers protest.
- 1:02:56That's not a level playing field at all.
- 1:02:59That's the exact opposite of a level playing field.
- 1:03:02Like, no, you guys are projecting onto US what it is.
- 1:03:07You're guilty of themselves. You don't want a level playing
- 1:03:10field. You want a monopoly so you can
- 1:03:12roll out a central bank digital currency.
- 1:03:15That is what Senator Warren wants.
- 1:03:19That is what Senator Warren wants.
- 1:03:22Unfortunately, she won re election.
- 1:03:24But in six years, if you live in Massachusetts, this is your
- 1:03:27representative. This is what she's saying.
- 1:03:29This is what she wants anyhow. So let's move on to the river
- 1:03:36Report, which kind of breaks down the they did such a great
- 1:03:40job. It breaks down the the changes,
- 1:03:45right? So U.S.
- 1:03:46Congress is pro Bitcoin, gaining 15 seats in the 2024 election.
- 1:03:51After the 2020 November 2024 election, the majority of both
- 1:03:54the House and the Senate are now pro Bitcoin based on public
- 1:03:58statements and public and political activity as defined by
- 1:04:01an advocacy group stand with crypto.
- 1:04:04In January of 2025, a Senate panel on digital assets was
- 1:04:08established with two focus areas #1 pass legislation for
- 1:04:13responsible innovation and consumer protection covering
- 1:04:16market structure, stable coins and strategic Bitcoin reserve #2
- 1:04:20regulatory Tory oversight to percent to to prevent overreach.
- 1:04:27So and as you as you guys could see what the houses are divided,
- 1:04:33where it's at. I mean, a vast majority in the
- 1:04:42House, kind of slim majority in the Senate, 59 Senate seats,
- 1:04:48almost filibuster proof and a big majority in the House and
- 1:04:53including Democrats, which is, which is super, super awesome.
- 1:04:55And of course, I mean, are they counting the the vice
- 1:05:00president's vote in the Senate? I don't know.
- 1:05:02But anyway, anyways, this is pretty awesome.
- 1:05:04Like we're making progress. Remember what I told you guys
- 1:05:06about the Overton window? Like we are moving.
- 1:05:09We're moving that mother effing Overton window.
- 1:05:12We have to elect Elizabeth Warren out of office.
- 1:05:16Like full stop. I don't know how else to say it.
- 1:05:20I don't know how else to put it, I don't know how else to phrase
- 1:05:24it. We have to elect everybody that
- 1:05:27is anti Bitcoin out of office in the United States as if you're
- 1:05:34anti Bitcoin, like you're pro Fiat and if you're pro Fiat,
- 1:05:38you're pro theft. So when I see it, simple as
- 1:05:41that. So we have to do it
- 1:05:43democratically, we have to do it legally.
- 1:05:45And by the way, this isn't just the US, this is in Canada.
- 1:05:49This is worldwide. Like this is how you win.
- 1:05:52You want Bitcoin to become the world global reserve currency.
- 1:05:55You want, you want, you want to end central banking.
- 1:05:58This is how you do it. It's an it's an ugly, messy
- 1:06:01process where morals go out the window.
- 1:06:04Like that's how it is. But we are making progress and
- 1:06:08we are in the room so and I think we'll continue to grow and
- 1:06:12influence as an industry as number goes up and I think as
- 1:06:17bitcoiners become more and more influential.
- 1:06:19We just broke 300 likes in the YouTube, the the YouTube live
- 1:06:24stream. Let's rise that.
- 1:06:26Let's raise that goal. Help us break 400 likes by the
- 1:06:29time the show ends. Opti I mean, this is great, bro.
- 1:06:33We have a majority of the House, majority of the House including
- 1:06:36Democrats are pro Bitcoin and majority of the Senate seems
- 1:06:41like they're pro Bitcoin as well and that's absolutely awesome.
- 1:06:46Anyways, Opti is buying right now.
- 1:06:48Apparently someone in the chat is saying that.
- 1:06:50Opti, what's your take on this? Bro?
- 1:06:51It's it seems like we're winning dude.
- 1:06:53We're making progress. I remember this time last year,
- 1:06:56me and you were having serious conversations about moving to El
- 1:06:59Salvador. Yeah.
- 1:07:01I mean, I think this is a great development as Bitcoiners have
- 1:07:06been covering on Twitter, as we've been covering on the show,
- 1:07:10the Dems kind of sign, you know, their own failure when they
- 1:07:14align themselves with Elizabeth Warren.
- 1:07:16And now I know she got re elected, which is not a good
- 1:07:20thing. I know she's heading what is
- 1:07:21that the, you know, the Dem committee and anyone following
- 1:07:25what Elizabeth Warren is doing is completely detached from
- 1:07:28reality. I've been speculating for a
- 1:07:30while. It's like, OK, if you look at
- 1:07:32the and that actually I started speculating on this for a while
- 1:07:35and then we kind of got the data behind it.
- 1:07:37It's like, who are the people backing Elizabeth Warren now?
- 1:07:40It's interesting. She started her political career
- 1:07:43on this idea of Occupy Wall Street, etcetera.
- 1:07:45And it turns out like she's a chill for the very people that
- 1:07:48she supposedly was standing up against.
- 1:07:50And now we're starting to see that there are some Democrats
- 1:07:54that are waking up to the writing on the wall that if you
- 1:07:56fight Bitcoin, you are not going to maintain that your position
- 1:08:00of power. And so I love to see this
- 1:08:02development. I think as we always say on the
- 1:08:04show, you know, Bitcoin is a political, it is for anyone.
- 1:08:08And hey, if you want to fight Bitcoin, you're not going to
- 1:08:11withstand that battle. Bitcoin is bigger than any one
- 1:08:14side of the political aisle. I would say Bitcoin is bigger
- 1:08:16than politics in general, hence why it is so political.
- 1:08:19So I love seeing headlines like this, even though you guys
- 1:08:22probably know I'm you know, I'm not the biggest fan of a lot of
- 1:08:25stuff coming out from the left party.
- 1:08:27But hey, if they're starting to abandon Elizabeth Warren's
- 1:08:31stance and their anti crypto army, this is obviously a good
- 1:08:34thing for the conversation around Bitcoin.
- 1:08:36This is obviously a good thing for all the constituents around
- 1:08:39there, as we try to say every single day, and we do get you
- 1:08:42guys throwing tomatoes at us like Bitcoin is bipartisan.
- 1:08:45It isn't just for one people. It's for anyone, anyone that is
- 1:08:48interested in freedom money, anyone that is interested in
- 1:08:51protecting their purchasing power and saving in something
- 1:08:54that is designed to go up forever, it's going to be very
- 1:08:57easy for them to become Bitcoiners.
- 1:08:59So hey, if we see more and more people capitulate and abandoned
- 1:09:03Elizabeth Warren's stance on Bitcoin, this is a good thing
- 1:09:06for everyone. So I hope that this accelerates.
- 1:09:10And I, you know, personally, I'm not in Massachusetts, so I'm,
- 1:09:13I'm just a talking head here, but I would love to see
- 1:09:15Elizabeth Warren no longer be in the position to, I can't, I
- 1:09:19don't know how anyone listens to her and, and thinks she's saying
- 1:09:22anything worthy of value or worthy of being listen to.
- 1:09:26I hear her. And it's just like, I don't even
- 1:09:29know if I can say it because we're on YouTube.
- 1:09:31But you know, she sounds like a very concerned, you know, senior
- 1:09:37citizen. I don't.
- 1:09:39Want to listen to her? Yeah.
- 1:09:41I mean, look, I respect. I respect I she has a difference
- 1:09:47of opinion, you know, and she's she's totally entitled to have a
- 1:09:51difference of opinion. This is a free country.
- 1:09:54I just think that her her difference of opinion is is
- 1:09:57actively hurting the well-being of Americans and specifically
- 1:10:01the constituents that she supposedly represents.
- 1:10:04Because she supposedly represents the lower middle
- 1:10:07classes. That's what she's all about.
- 1:10:09That's her shtick and being anti Bitcoin.
- 1:10:13It's like forcing those people that get hurt the most by
- 1:10:16inflation to use a currency that is actively hurting them.
- 1:10:20Right? Like, you know, it's and it's
- 1:10:22it's it's it's, you know, and maybe she maybe she believes,
- 1:10:26look, would you change your mind if you were that age and you
- 1:10:31truly believe that what you were doing was helping people and you
- 1:10:34were getting paid before doing that and you made a fortune by
- 1:10:38doing that? Like, would you change your
- 1:10:40opinion if some younglings came in and they're like, hey, guys,
- 1:10:44we fix the money. No, you wouldn't believe us
- 1:10:46either. So I understand Elizabeth
- 1:10:49Warren, I just fundamentally disagree with you.
- 1:10:51And hopefully enough people in Massachusetts wake up next
- 1:10:56Senate election and and voter out of office.
- 1:10:58Anyways, guys, we're going to hit the culture.
- 1:11:00We have tons to talk about today.
- 1:11:01Opti, could you give us a quick refresher?
- 1:11:04I believe it's Jeff Bezos, you know, seeing the light a little
- 1:11:08bit, right? Yeah, exactly.
- 1:11:09So, you know, as I think as we've covered in the last couple
- 1:11:13of weeks, a lot of the corporate press, um, they've been
- 1:11:17seemingly shifting towards, I guess you could say for lack of
- 1:11:21better terms, towards the right and away from the Dem party, as
- 1:11:23we're seeing with the politicians around Elizabeth
- 1:11:25Warren. And hey, you may or may not like
- 1:11:28Bezos. He may be an oligarch, but if
- 1:11:31his Washington Post owned newspaper is going to start
- 1:11:35Freedom Posting, I don't know. I think I'm kind of backing
- 1:11:39this. So we'll talk about all that.
- 1:11:41Absolutely. All right, guys, We will be
- 1:11:43right back. We're going to hit the culture
- 1:11:45segment. We have so much to get to smash
- 1:11:47the like, but if you guys are enjoying the show, we will be
- 1:11:50right back. Culture.
- 1:11:53I want to give a shout out to our sponsor Hive Digital
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- 1:13:26your success. All right, we are back.
- 1:13:32Wow, the chat, the chat just mentioned the price and it this
- 1:13:39is what I love being a Bitcoin podcaster anyways, anyways,
- 1:13:42anyways, all right, as I've been talking actually, as the theme
- 1:13:45of the show is today, there seems to be a general vibe shift
- 1:13:49and I I kind of was trolling earlier and and we'll do it now.
- 1:13:52Maybe. Did we do a poll already?
- 1:13:54We already have a poll. So the general shift or or
- 1:13:58consensus in the chat, we'll have to redo it.
- 1:14:01One was is there an actual vibe shift towards freedom or is this
- 1:14:05a manufactured consent towards freedom?
- 1:14:08It was A1 and A2. It seemed like more of the chat
- 1:14:11was saying one. I didn't get everyone in the
- 1:14:13chat to respond, but it seems like they think there's an
- 1:14:15actual vibe shift towards freedom and freedom
- 1:14:18consciousness, which I would like to believe.
- 1:14:20Maybe it's just I'm a skeptical person by nature.
- 1:14:22ANYWAYS, we got this post from Jeff Bezos this morning.
- 1:14:25And if you aren't familiar with this and maybe you've been
- 1:14:28sleeping under a rock, Jeff Bezos doesn't just his own
- 1:14:31Amazon, he also owns Washington Post.
- 1:14:34And as we've been covering for a long time, and even when we kind
- 1:14:37of heard this new story in the beginning, I think it was that
- 1:14:40towards the end of last year, you know, a lot of people were
- 1:14:43wondering like, how come a billionaire owns a newspaper
- 1:14:46company? Isn't that dying medium?
- 1:14:48Well, as everyone knows, you know, they got to get their
- 1:14:51thoughts out there. And now we're seeing that Bezos
- 1:14:54seems to be capitulating on some of the long held beliefs that
- 1:14:57he's had. And he's not the only one out
- 1:14:59there. We've also seen on must, we've
- 1:15:01seen Zach. And obviously, as I've been
- 1:15:04saying, I've been a little skeptical about it.
- 1:15:06You know, my tinfoil hats on it. It, it makes me feel a little
- 1:15:09weird when the billionaire oligarchs are kind of saying the
- 1:15:12same things that I'm saying. It makes me kind of, you know,
- 1:15:16not only kind of look at my fundamentals and my first
- 1:15:19principles, but wondering whether they are just throwing
- 1:15:23red meat out there for the audience because, hey, if Zach
- 1:15:26is seeing some data behind the scenes, you know, that's
- 1:15:28probably why he's changing his opinion.
- 1:15:31Anyways, enough conspiracy theories from my end.
- 1:15:33This is Jeff Bezos words this morning and I do have a few
- 1:15:36Bitcoiner posts regarding this. So Bezos this morning goes.
- 1:15:40I shared this note with the Washington Post team this
- 1:15:42morning. I'm writing to let you know
- 1:15:44about a change coming to our opinion pages.
- 1:15:47We're going to be writing every day in support and defense of
- 1:15:50two pillars, personal liberties and free markets.
- 1:15:53We'll cover other topics too, of course, but viewpoints opposing
- 1:15:56those pillars will be left to be published by others.
- 1:15:59There was a time when a news paper, especially one that was a
- 1:16:02local monopoly, might have seen it as a service to bring to the
- 1:16:05reader's doorstep every morning, a broad based opinion section
- 1:16:09that sought to cover all views that today the Internet does
- 1:16:12that job. I am of America and for America
- 1:16:15and proud to be so. Our country did not get here by
- 1:16:18being typical, and a big part of America's success has been
- 1:16:21freedom in the economic realm and everywhere else.
- 1:16:24Freedom is ethical, it minimizes coercion and practical.
- 1:16:28It drives creativity, invention, and process disparity.
- 1:16:31Ioffer David Shipley, whom I greatly admire, the opportunity
- 1:16:35to leave this new chapter. I suggested to him that if the
- 1:16:38answer wasn't hell yes, then it had to be a no.
- 1:16:41After careful consideration, David decided to step away.
- 1:16:45This is a significant shift. It won't be easy and it will
- 1:16:48require 100% commitment. I respect his decision.
- 1:16:51We'll be searching for a new opinion editor to own this new
- 1:16:54direction, and I'm confident that free markets and personal
- 1:16:57liberties are right for America. I also believe these two points
- 1:17:01are underserved in the current market of ideas and news
- 1:17:03opinion. I'm excited for us to I'm
- 1:17:06excited for us together to fill that void.
- 1:17:08Jeff Bezos Honestly, on the surface, it sounds like a lot of
- 1:17:13the things we've been saying on the show.
- 1:17:15Obviously, as you guys know if you're a long time listener, we
- 1:17:18are all for personal liberty and freedom and economic freedom and
- 1:17:23free markets, etcetera. And of course, This is why we're
- 1:17:27Bitcoiners and we got a response from Sailor.
- 1:17:29One of them being Bitcoin is the best way to promote personal
- 1:17:33liberties and free markets. It offers an open protocol for
- 1:17:36prosperity that can be delivered to everyone via digital
- 1:17:38technology. And the other one I want to
- 1:17:40highlight is of course, Safety and Amos, and he goes, if you
- 1:17:43like free markets, you're going to love Bitcoin, which finally
- 1:17:46brought the free market to the biggest market of all money.
- 1:17:50Pick up a copy of the Bitcoin standard on Amazon.
- 1:17:52So I find it very interesting that we are actually seeing Jeff
- 1:17:56Bezos say things like this. You know they're going to push 2
- 1:17:59pillars, freedom or personal liberties and free markets.
- 1:18:03And of course, as we say every single day and as sailor and
- 1:18:06safety and responded, Bitcoin is the truly only free market of
- 1:18:10money. So it is very interesting to
- 1:18:12kind of hear this conversation happen, whether we will get more
- 1:18:17Bitcoin freedom S takes from the Washington Post.
- 1:18:21It seems like everyone wants to freedom post now it seems like
- 1:18:24that is where the culture is headed seems to be a vibe shift
- 1:18:28going towards personal liberty towards freedom towards free
- 1:18:31markets. And hey, obviously I'm here for
- 1:18:34it. And just my main concern here
- 1:18:37is, is this a an authentic shift towards the right?
- 1:18:42Did they actually have this epiphany in Hallelujah moment
- 1:18:45coming back to reality? Or is there some form of
- 1:18:48manufactured consent? Because as you can tell, there
- 1:18:51is this populace uprising right now and maybe they're trying to
- 1:18:55do some damage control here. So that's my kind of takes on
- 1:18:58this idea. But on its surface, I yeah, it's
- 1:19:02hard to hate on this. I fully endorse this kind of
- 1:19:04conversation. And the second part that is
- 1:19:06interesting is that he basically said, hey, those ideas, other
- 1:19:10publications posts that. So who are the other
- 1:19:13publications, you know, like Bloomberg, Fiat Times, everyone
- 1:19:18else. So, hey, if this is a bastion of
- 1:19:21freedom, personal liberties and free markets, I think we're
- 1:19:24going to be seeing a lot more Bitcoin posts come out of the
- 1:19:27Washington Post. And as everyone's been
- 1:19:30wondering, it's like, when, you know, when, when are we going to
- 1:19:32be able to buy some stuff on Amazon with our Bitcoin?
- 1:19:35Bezos, come on, like, push the charge, bro.
- 1:19:37But hey, it looks like the Bitcoin standard idea is
- 1:19:41catching on, or at least the idea of liberty and free markets
- 1:19:44is catching on. And so we'll be covering this
- 1:19:46general trend. I know some people aren't as
- 1:19:49skeptical as I am and they're like, no, there is a vibe shift
- 1:19:52going on, the pendulum swinging. There's some people in the chat
- 1:19:54that kind of agree with me that it does seem a little
- 1:19:56manufactured. Maybe we don't believe in this
- 1:19:59epiphany moment, but hey, this is where we are in the story
- 1:20:03right now. They are actively doing some
- 1:20:06cover and narrative control, damage control and moving
- 1:20:09towards a lot of the stuff that we say here on Simply Bitcoin.
- 1:20:12So, Nico, maybe we really are, you know, tomorrow's news today
- 1:20:16or whatever the meme is because we see.
- 1:20:18Seem as bitcoiners to work off first principles, fundamentals
- 1:20:21and it seems like things are shifting and shifting in our
- 1:20:24direction. So hopeful about this.
- 1:20:27Not going to hold my breath, but I think this is an interesting
- 1:20:29development. Yeah, and I think that was an
- 1:20:32amazing analysis, brother. And what I'll say is like, I
- 1:20:36think we have to be careful when we say about right and left.
- 1:20:40I think it, we, what we really have to focus on is
- 1:20:44individualism verse collectivism, right?
- 1:20:47And Bitcoin is not compatible with collectivist thought.
- 1:20:54It's a very individualist technology.
- 1:20:59And there is collectivism on the right and there's collectivism
- 1:21:01on on the left. I think what we're seeing
- 1:21:05recently, this political movement, this populism
- 1:21:08political movement is, is a, is a movement based on merit.
- 1:21:13It's a movement based on individual freedoms.
- 1:21:16It's a as a movement based on free markets.
- 1:21:19And I think Jeff Bezos, like Mark Zuckerberg, like Joe Rogan,
- 1:21:26I think they saw the winds change.
- 1:21:31The only credit where I'll give the the only credit I'll give
- 1:21:34due is Elon, like Elon. And I know Opti's not a big fan,
- 1:21:37but Elon, like, risked his company.
- 1:21:40Like, he really went all in if Kamala would have won, Like, it
- 1:21:46would not have been good for Elon.
- 1:21:49So Elon really, you know, went all in.
- 1:21:52And then when it became apparent and clear that Trump was the
- 1:21:57leading candidate, then Jeff Bezos jumped in, then Zuckerberg
- 1:22:02jumped in. And then, you know, Joe Rogan,
- 1:22:05like Joe Rogan should have had Trump on the podcast in the
- 1:22:11beginning of the year. He waited until the last minute
- 1:22:13because he realized how unpopular was with his audience
- 1:22:16that he didn't have Trump on on the show.
- 1:22:18So you know, what I was saying earlier on is, guys, if we want
- 1:22:23to win this, it's going to require moral courage, right?
- 1:22:28And you know, these guys aren't dumb, Jeff Bezos isn't stupid,
- 1:22:32Mark Zuckerberg isn't stupid, Joe Rogan isn't Joe Rogan isn't
- 1:22:36stupid. And I'm just naming a few.
- 1:22:37Like if they see the winds of the culture changing, they're
- 1:22:43not going to fight against those winds, right?
- 1:22:45They want to get on their in their good graces.
- 1:22:48But I don't know if you guys saw this, but it's been making the
- 1:22:50rounds on X. But essentially, apparently with
- 1:22:56the new iPhone update, if you speak into your phone and you
- 1:23:01say, oh, I saw that if you say the word racist it for a one or
- 1:23:07two seconds, it says Trump instead.
- 1:23:11And it's the, the, the reason that's interesting to me is
- 1:23:14because Apple or Tim Cook donated $1 million to Trump's
- 1:23:21inauguration fund. So I don't think any of these
- 1:23:24guys have changed. Maybe Joe, I think Joe really
- 1:23:27actually has changed. But I don't think any of these
- 1:23:30Silicon Valley guys have really changed their, their, their
- 1:23:37ideologies. I just think that it's better to
- 1:23:39be in the good graces of of the president who basically has all
- 1:23:45of government, has the House, has the Senate, has the Supreme
- 1:23:48Court and survived 2 assassination attempts, survived
- 1:23:55all this lawfare. I mean, his presidential picture
- 1:23:58is the same of his mug shot. The dude is pissed off.
- 1:24:01OK? So it's better to be in his good
- 1:24:04graces than be against him, right?
- 1:24:06So I think a lot of the motivations behind Jeff Bezos
- 1:24:12changing his tune come from that rather than him actually
- 1:24:17realizing, you know what it it's actually good to be a freedom
- 1:24:21minded country and all that stuff.
- 1:24:24Because not too long ago, I mean, Facebook was was terrible.
- 1:24:28Like they were censoring people left and right.
- 1:24:31And then all of a sudden, when it became clear that, you know,
- 1:24:35Trump was going to win, Zuck got like all pumped and he started
- 1:24:40doing martial arts and he went on Joe Rogan.
- 1:24:43He's like, you know what? They're just pressuring us so
- 1:24:45much and all this stuff. And it's like, yeah, they're
- 1:24:48pressuring Elon too. And Elon didn't give an F,
- 1:24:51right? Moral courage is the word here.
- 1:24:55And if you really want to win over the next 5-10 years, if we,
- 1:25:00if you want the, the world that your children live in to be a
- 1:25:05world of Bitcoin, A world of freedom, it's going to require
- 1:25:11moral courage to stand up and do the right thing in the face of
- 1:25:16tyranny and the face of, of, of, you know, potential prison,
- 1:25:22right? Are you going to stand up and do
- 1:25:26what's right even if you know there's consequences to you,
- 1:25:30Right. You know, I, I have a very good
- 1:25:33friend of mine BTZ sessions, like he was involved with the
- 1:25:40whole Canadian truckers protest. He ran one of the nodes that
- 1:25:44they ran the lightning, a channel on that facilitate a lot
- 1:25:48of these truckers protests. People going and and giving
- 1:25:52donations. The you know, law enforcement in
- 1:25:55Canada showed up at his house. The dude has a family, right,
- 1:25:59But he stood up and did what's right.
- 1:26:01And this is this is like the this is like the theme of
- 1:26:06today's show, I guess. Stand up and do what's right, do
- 1:26:09the right thing. That's how we're going to win.
- 1:26:11If enough of us stand up and say, yo, enough is enough.
- 1:26:14Fiat is a scam. Like central banking is like,
- 1:26:18you know, like has enslaved humanity.
- 1:26:21And we don't we we don't want any of it.
- 1:26:24Like enough is enough. You guys have to answer, you
- 1:26:27know, you guys have to actually, you know, do what's good by the
- 1:26:32American people. I think that's how we're going
- 1:26:33to win. I really, I really believe that.
- 1:26:36But this whole Oh my God, like, you know, don't trust Trump, but
- 1:26:40don't trust this politician or don't trust like that's weak,
- 1:26:43man. That I'm, I'm telling you,
- 1:26:44that's weak. That's so easy to say that.
- 1:26:47That's so easy. It is so much easier to say that
- 1:26:51than to actually fight and to actually, you know, put your
- 1:26:56support behind someone. Even if that someone's going to
- 1:27:00F you over, at least you tried. At least you're putting in an
- 1:27:03effort. Because I'll tell you what, if
- 1:27:05we don't put any effort at all, I guarantee you we're going to
- 1:27:08lose. If we put effort, I can't say
- 1:27:11guarantee we're going to win, but at least we have a shot at
- 1:27:14winning, right. So this whole defeatist attitude
- 1:27:18and whatever, I get it. Maybe I get it.
- 1:27:21We if we were in the gold bug era, right?
- 1:27:24If we were in the pre Internet era, I get it.
- 1:27:27But now that we have the ability to speak freely with each other,
- 1:27:32now that we have the ability to save in money that can't be
- 1:27:35debased, is is very difficult to confiscate.
- 1:27:38It's unconfiscatable, like tone, Bass says says it.
- 1:27:41We have no reason. You have no reason as to not why
- 1:27:45to stand up and, you know, fight for becoming a sovereign
- 1:27:51individual. There's no reason at all as to
- 1:27:55why you shouldn't be able to stand up and and want to do
- 1:27:59that. So that's my bit and we are
- 1:28:01getting to the top of the show guys, we love you all.
- 1:28:04We appreciate it. Thank you so much for the Super
- 1:28:06chats. Thank you so much for the views.
- 1:28:09Rumble is popping off 333 live viewers.
- 1:28:13Shout out to the YouTube audience peaked at 700 today 560
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- 1:28:27Of course, shout out to our ex audience as well.
- 1:28:29Holding strong 1902 live viewers.
- 1:28:33We appreciate you guys. We love you guys.
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- 1:28:50episode of Simply Bitcoin Live. Today's episode was brought to
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