Latest / Simply Bitcoin / Wall Street PIVOT CONFIRMED: Microstrategy Playbook Is SPREADING TO The Rest Of The World! | EP 1347
Transcript
- 0:00Yo. Michael Saylor has made nearly
- 0:02$7 billion in the first six days of October as Bitcoin has ripped
- 0:09from 108K to 125K. We hit an all time high on
- 0:15Saturday out of all days, just as a massive 1.66 trillion giant
- 0:21dropped a bombshell report where they're now recommending a 4%
- 0:26Bitcoin allocation. That's right.
- 0:29Everyone is following the crowd. I believe Vanguard even admitted
- 0:33that, yeah, they're dropping ETF.
- 0:35They're gonna start allowing their clients.
- 0:37You know, Vanguard was holding it when BlackRock made the
- 0:39announcement. The Vanguard CEO with all this
- 0:42hubris was like, no, that's too risky for our clients.
- 0:46We'll never do that. And then they just announced, I
- 0:48think their CEO actually resigned and they just
- 0:51announced. And the new CEO is literally the
- 0:54guy that launched the BlackRock ETF.
- 0:57I mean, come on guys, if you want to know that we're winning,
- 1:00there you go. All this is coming as Bitcoin is
- 1:03setting a new all time highs every single day.
- 1:07It looks as if Bitcoin is about to have an explosive.
- 1:10We don't know. We can't read the future, but it
- 1:12looks like it's going to have an explosive Q4 and most people are
- 1:16not prepared for what's about to come in the next 90 days.
- 1:21I mean, Opti and I were talking about this, you know, for the
- 1:24last couple of we for the end of September was very dark for me
- 1:28and Opti. Me and Opti friendship just
- 1:30became closer. You know, we come closer with
- 1:33your friends when you go to dark places together and we're like,
- 1:35dude, is the cycle over? And then bombing bomb boom.
- 1:40As for as soon as October 1st hit, we just ripped.
- 1:45They don't call it October for no reason.
- 1:47I don't know why we were doubting it.
- 1:48But anyways, let's get to. Start doubting it.
- 1:50The source material Check out this post by Hunter Horsley.
- 1:55This is huge. I agree with Hunter, this is
- 1:57huge. New special report from Morgan
- 2:01Stanley GIC quote. We aim to support our financial
- 2:05advisors and clients who may flexibly allocate to
- 2:09cryptocurrency as part of their multi asset portfolios.
- 2:13GIC Guide 16,000 advisors managing $2 trillion in savings
- 2:19and wealth for clients were entering the mainstream era.
- 2:23I was having a discussion with a discussion with British Huddle
- 2:26this morning and one of the things that resonated with me
- 2:31and it's on my mind while I'm thinking about this is he's
- 2:33talking about different pools of capital as Bitcoin matures,
- 2:38becomes this maturing asset and it starts to enter into
- 2:42traditional finance, finance. That's what you're seeing with
- 2:45Vanguard. That's what you're seeing with
- 2:47Morgan Stanley. You have to understand that
- 2:49there's these pools of capital that normally would not be able
- 2:53to buy Bitcoin. If they just wanted to buy spot
- 2:57Bitcoin, they just wouldn't be able to do it.
- 2:59That's what Michael Saylor is doing, developing all these
- 3:02types of products. It's specifically to target
- 3:04these different pools of capital.
- 3:06So if you're hearing $2 trillion in savings and wealth for
- 3:11clients, that's a pool of capital that before this
- 3:14announcement was not able to get exposure to Bitcoin directly.
- 3:19Their only way to get exposure was through MicroStrategy.
- 3:22Now they're basically saying, listen, if our clients want
- 3:24exposure to cryptocurrency, of course being the big biggest one
- 3:28being Bitcoin, now they can. That's massive, massive news.
- 3:32And of course, also Sailor reports $3.9 billion in total
- 3:38Bitcoin fair value appreciation and Q3 of 2025.
- 3:42Once again, Sailor is setting the, just setting it, it.
- 3:47No one's gonna catch up to this. No one's gonna catch up to
- 3:50Michael Saylor. Like I, I'm just, I'm calling it
- 3:53right now. No one's catching up to him.
- 3:55I think if you put all the Bitcoin treasury companies
- 3:58together and you add them up, I think it's like 15% of Michael
- 4:03Saylor's total stack. Talk about first mover
- 4:06advantage. And of course, Opti was pulling
- 4:08this up in the back in the background.
- 4:10Bitcoin's quarterly returns. I want to focus on Q4 9.73% so
- 4:17far. We're only six days in to Q4 of
- 4:212025 and we're already higher than we were of Q 3/20/20.
- 4:26Five, we doubled Q3 of 20. 25 was quite depressing, I'm not
- 4:30gonna lie. It was not.
- 4:31It was not a good time. Wait, wait, wait.
- 4:33Nico, before you go on, the reason I wanted to bring this up
- 4:36guys is sailors math here. He basically said, all right, we
- 4:41profited $4 billion in Q3. Look at these returns.
- 4:44It's 6.31% for all of Q3. Again, three months out of the
- 4:49out of the year. He made $4 billion in the last
- 4:52six days, I think. I don't know what's the math.
- 4:55He's probably close to like $7 billion on this pump right here.
- 4:59Why do you think that Wall Street is looking at Bitcoin
- 5:03now, seeing what sailors doing? They're looking at his games and
- 5:08they're like, Oh my gosh, we were basically trolling him and
- 5:12calling him an idiot and getting him sued and running him through
- 5:16the media. You know, just just the mud here
- 5:21and now in literally 6 days or what maybe you, if you want to
- 5:26go further, what 3 months and six days he's up.
- 5:30What it what, what is that 7, about $11 billion?
- 5:34Like you can't ignore these games anymore.
- 5:36And this is starting to spread out that that's like, I think
- 5:39the main point to look at what's happened Q3, the total quarter
- 5:43and then what's happened in the last six days.
- 5:46I think this is probably why we're starting to see these
- 5:48pivots happen so fast is they're looking at the price starting to
- 5:52run again and they're one, oh, wait, it's not going to die.
- 5:57Oh, wait, it's not going to 12K or 80K, etcetera.
- 6:00This might actually run. We have to get in front of this
- 6:03narrative and start to tell people, yeah, you should
- 6:06probably be buying some Bitcoin. So I just wanted to point that
- 6:10out now. Nico continue.
- 6:12Yeah, absolutely. So this last, this last report
- 6:17is by Bitcoin Census, the diary of the new economy.
- 6:23Morgan Stanley just validated crypto investors Bom Bing bom
- 6:27boom. When a giant like Morgan Stanley
- 6:30speaks, the market listens. And this time it's about crypto.
- 6:34The bank's global investment committee just added clear
- 6:37guidance for crypto exposure inside multi asset portfolios.
- 6:42It's not a full blown embrace, but it's definitely a green
- 6:45light. According to their October
- 6:47report. Quote opportunistic growth
- 6:49portfolios, the ones built for higher return, higher risk and
- 6:53return can now include up to 4% in cryptocurrencies.
- 6:57Quote, balanced growth portfolios were moderate in
- 7:01nature, are capped at 2%. Anything focused on wealth
- 7:04preservation still 0%, which makes sense.
- 7:08It actually makes no sense. Which what's interesting isn't
- 7:11just the numbers, it's who this message reaches. 16,000
- 7:17financial advisors managing $2 trillion.
- 7:20Two trillion in client assets. That's a tidal wave of potential
- 7:24capital slowly pivoting towards the digital asset space.
- 7:29Morgan Stanley is basically acknowledging what we've seen
- 7:32for a while. Crypto is volatile, yes, but
- 7:36it's no longer ignorable. That's the key sentence out of
- 7:39this entire article. It's maturing, integrating and
- 7:43reshaping what diversification looks like in 2025.
- 7:47I don't like that word diversification.
- 7:50Me and Opti are are All in all of all in fication, all
- 7:54identification, not financial advice.
- 7:57Regardification. To me, this feels like a line in
- 8:03the sand moment. The traditional finance world is
- 8:06finally learning how to coexist with crypto instead of
- 8:10pretending it doesn't exist. It's cautious approach, but it's
- 8:14adoption nonetheless. And that's how every major
- 8:17revolution begins. Now again, if you put that
- 8:20together with the Vanguard news and you put that together with
- 8:25the fact that listen, Morgan Stanley, if Morgan Stanley's
- 8:30successful rolling this out, the other traditional wealth
- 8:34management banks are not going to have a choice but to follow
- 8:38suit. Remember, we called this for you
- 8:40guys when, when PayPal initially offered withdraws, I said PayPal
- 8:48is not going to want to do that by themselves.
- 8:51They're not going to want to offer withdrawals or your
- 8:54ability to take self custody if you left them to their own
- 8:57devices. I said they're not going to do
- 8:59it. But I also said because Cash App
- 9:03lets you do that and because Cash App is a direct competitor,
- 9:06PayPal market forces are going to force PayPal to inevitably
- 9:12offer withdrawals. When PayPal announced that they
- 9:15offer Bitcoin withdrawals, you know who followed suit very,
- 9:18very shortly after? It was Robin Hood.
- 9:23So again, if you connect the dots, it's very obvious where
- 9:28this is going. Clients at Morgan Stanley are
- 9:31probably saying, hey, WTF, why don't you guys offer Bitcoin?
- 9:37I get that you're all conservative and stuff in your,
- 9:39in your outlook, in your approach, but my gains, bro.
- 9:44And they folded. The same thing happened with
- 9:47Vanguard. Vanguard is I think the second
- 9:50largest asset manager in the world.
- 9:52And I, I vividly remember, and I said it half jokingly, but I
- 9:56said, by the way, I think there's going to be consequences
- 10:02for them not allowing their clients to be able to buy into
- 10:07ETFs. And there was consequences.
- 10:10The Vanguard CEO resigned and just recently Opti, if you could
- 10:14pull that up, I want to show it. I want to show it off to
- 10:16everybody. What am I pulling?
- 10:18Up the Vanguard news just recently they announced hey
- 10:21guys, listen, you know, we we're we're potentially looking into
- 10:26if my memory serves me to correctly and if Bitcoin Twitter
- 10:31yeah, there you go boom just like that like we're winning
- 10:35bro, this is fantastic. This is so cool there you go
- 10:40Vanguard to offer third party Bitcoin ETFs to investors.
- 10:44So they go from, you know, holding the line.
- 10:48We're traditional finance. We can't offer these types of
- 10:52products to our investors because, you know, they're risky
- 10:56and we can't do this to oh, of course you can buy any type of
- 11:01ETF's using the Vanguard platform.
- 11:04Of course you could do that. Like this is the power of
- 11:07Bitcoin. This is the power of incentives.
- 11:09The last thing I'll say is we are going to win this because of
- 11:14game theory and incentives. We're not going to win this
- 11:17because of coercion, and we're not going to win this because of
- 11:20regulatory favorability. We're going to win this because
- 11:24Bitcoin is the best money the world has ever seen, period.
- 11:28If you let Bitcoin do its thing and you put Bitcoin head to head
- 11:34with Fiat currencies or even the stock market, Bitcoin is going
- 11:40to win in terms of returns. That's why governments are
- 11:46warming up to it. That's why BlackRock is warming
- 11:49up to it. That's why the president has the
- 11:516th largest treasury company in the world.
- 11:54You think they've all changed their minds and they found
- 11:57Satoshi and they're all they're, they're tuning into simply
- 12:00Bitcoin. They're saying, you know what
- 12:01these guys are, right? They're pissed off.
- 12:03The money's broken. 2008 was a scam.
- 12:06We got to make it good for them and we got to fix the money.
- 12:10Fix the world, bro. Hell no.
- 12:12None of them are thinking that Larry Fink is thinking, how do I
- 12:16get very rich? How do I make a lot of money?
- 12:20And they see Bitcoin as the vehicle to do that.
- 12:24And that aligns incentives with all the Bitcoin holders.
- 12:27And all of a sudden, Max Kaiser saying, listen, Larry Fink is a
- 12:31Bitcoin employee of the of the month.
- 12:33It's true. That's the power of alignment of
- 12:35incentives. You have Michael Saylor selling
- 12:37Bitcoin, like not actually selling Bitcoin, but he's making
- 12:41the sales pitch to the world as to why Bitcoin is important.
- 12:45You have Larry Fink doing the same thing.
- 12:48You have President Trump. I don't think he, yeah, he said
- 12:50it at the Bitcoin conference. Never sell your Bitcoin.
- 12:53So, you know, I'm just saying, just say all that stuff happened
- 12:57this year basically, and Bitcoin hasn't really pumped.
- 13:00So I don't know. It's looking favorable in my
- 13:03opinion. Yeah, And before I really kind
- 13:06of cover all of this stuff, Mika said something about the price.
- 13:11And I've been kind of saying that recently a lot.
- 13:13I know a lot of Bitcoiners like to say the price doesn't matter.
- 13:16And while I do agree to some extent, there's a lot of things
- 13:19about Bitcoin that I do like and I do talk about and stress
- 13:23outside of just the price. But the price of Bitcoin, in my
- 13:26opinion, is probably the strongest indicator of where
- 13:30Bitcoin is going. And for better or worse, guys,
- 13:32if Bitcoin doesn't RIP, then this whole thing failed.
- 13:35And now that we're seeing the life come back into the price,
- 13:38this is showing everyone else, this is a signal to everyone
- 13:43that is a market participant in every market right now that they
- 13:47have to pay attention to what is going on over here.
- 13:49And so seeing a spectacular Q4 and seeing Bitcoin start to RIP
- 13:54again, it's basically showing to everyone that has ever said
- 13:58anything negative about Bitcoin that hey, they might have been
- 14:01wrong about this. And you're starting to see that
- 14:04happen very quickly. Obviously, we saw this happen
- 14:06throughout the whole year and now entering in Q4, probably
- 14:10when everyone comes back from vacation, they're now like, OK,
- 14:13I need to get into this. We need to make moves into this.
- 14:16We've waited long enough and there has been a lot of
- 14:19conversations on Twitter and even on this show and people on
- 14:23YouTube, whether the price has been manipulated or rather
- 14:25suppressed down so that people can kind of get their position
- 14:29in Bitcoin. And to be honest, it does feel
- 14:31like that was the case. We have to remember Bitcoin is a
- 14:34tiny, tiny asset in global market, 2 trillion right now
- 14:38compared to 1000, 1000 trillion dollars.
- 14:41It's it's very easy for them to kind of suppress the price at
- 14:45the current moment, but after a certain point they won't be able
- 14:48to do it again. Like yes, they could, you know,
- 14:50do some market financial nearing here.
- 14:53Wait, financialization of financial finance.
- 14:56Yeah, I try to. I try to create a word there,
- 14:58finance and engineering. One 25260.
- 15:03Let's go all time high. Here we go.
- 15:06You're you are starting to see that at a certain point, they
- 15:10can't play the same games that they that they're used to
- 15:12playing. And they can still, you know, do
- 15:15some of these games like they could do to a big corporate
- 15:17stock. But after a certain size, they
- 15:21have to jump in. So that's just like the general,
- 15:23you know, price kind of conversation.
- 15:25I do want to hit on this report here a little bit because it is
- 15:29pretty funny. Here is the tweet that Nico
- 15:33pulled up and actually let me let me change this a little bit
- 15:36so you guys can see this. And here is like what they are
- 15:42recommending, which is I, I think it's from my perspective,
- 15:47a little hilarious. Obviously.
- 15:48Here's a conclusion taking a conservative approach to
- 15:50cryptocurrency allocations, you know, based on their research
- 15:54and etcetera, etcetera. Given its limited history, we
- 15:58have prepared a series of forward-looking simulations to
- 16:01stress test stand alone and portfolio allocations of crypto.
- 16:04They're really talking about Bitcoin here.
- 16:06But here's like the funny part, at least to me, and it goes GIC
- 16:11recommendations for maximum cryptocurrency allocations and
- 16:15multi asset portfolios. It has a description up on the
- 16:19top and then the risk profile. So the first risk profile is 1
- 16:23of wealth conservation is 0%. I think as from a Bitcoiners
- 16:29perspective, we are conserving our wealth by saving in Bitcoin.
- 16:33That's literally what we're doing.
- 16:35So you can tell they haven't fully grokked what we are doing
- 16:38over here. They're working on it.
- 16:40But I, I, when I first saw this, I'm like, dude, this is all
- 16:43we're doing here is conserving our wealth.
- 16:45We're storing our wealth here because you can't put it in
- 16:48anything else. So I find it that their wealth
- 16:50conservation kind of risk profile is 0% Bitcoin where us
- 16:55we're like, yo, we're like 100% plus like everything we can put
- 16:58into Bitcoin, that's how we can serve our wealth.
- 17:01Anyways, the next description and the risk profile is 2 of
- 17:04income is still a 0%. Now their third risk profile is
- 17:08the balance growth perspective and it's 2% and then a risk
- 17:13profile for market growth at 3%. And then their opportunistic
- 17:17growth, which is their most risky profile at 5 is 4%.
- 17:23I think we still have a long way to go before they go full bull
- 17:25tart on us, but it's just funny how these numbers work for them.
- 17:30They're like, yeah, 0% conserve your wealth, don't put it in
- 17:33Bitcoin. But if you want to get a little
- 17:36risky, let's just say a 4% portfolio allocation and you're
- 17:41just like, oh man, dude, this is going to get so crazy once they
- 17:46actually go full bull tard and and start recommending like the
- 17:51the percentages we've heard from the Ray Dalio's of the world or
- 17:54even BlackRock in the early days.
- 17:56You know that 40 to 80% allocation here.
- 18:00And I think I saw a stat the other day that it said something
- 18:04like when we see a 1% allocation from all of these asset
- 18:08managers, we are highly underestimating how high this
- 18:11thing can RIP. We really don't know what that
- 18:14looks like when they really go all in on this.
- 18:17And I was thinking about this over the weekend and it really
- 18:20brought me back to the conversation we've been having
- 18:23on the show all year long. This idea that, you know, now
- 18:27that Wall Street is here, now that the institutions are here,
- 18:29is Bitcoin losing that ethos of separating money and state?
- 18:34Like have we sold out essentially to Wall Street?
- 18:37And it's, you could, you could argue that that's, you know, you
- 18:41could argue that. I, I, I think that's a fair
- 18:43argument, But when you really think about it, it's actually
- 18:47benefiting the, the layman, the, the everyday man, the Bitcoiner,
- 18:53because now that the institutions are here and
- 18:55they're scrambling for a position, those of us that have
- 18:59been holding Bitcoin for 5-10 years plus, we get the games
- 19:03here. So while they're scrambling for
- 19:05a Bitcoin position, all we have to do is just sit back, relax,
- 19:09and let the capital flow into Bitcoin and our wealth goes up
- 19:14in the process. So I don't think that we as
- 19:18Bitcoiners have sold out to Wall Street.
- 19:20In fact, I think this is the only time in history that the
- 19:23average person can see this huge monetary shift happening and
- 19:28profit from it. And it's so beautiful to see.
- 19:31Nico talks about aligned incentives all the time on the
- 19:34show, and this is what we're seeing happen in real time.
- 19:37You know, as much as you may or may not like Sailor, seeing what
- 19:41he's done in the last six days, or you could even argue in the
- 19:44last three months and six days is absolutely insane.
- 19:47Making what, 7 billion in six days off a 10% gain?
- 19:51Like this is going to get so crazy.
- 19:54And actually I saw another metric this morning, strategy is
- 19:58has officially jumped over Coinbase as I think it was 104th
- 20:03largest corporate treasury right now.
- 20:05So look Sailor and strategy is becoming what Coinbase could
- 20:11have been in real time. And I think the marketing and
- 20:16kind of the evangelization that we've seen Sailor do to Bitcoin
- 20:21for the corporations and the institutions like it is finally
- 20:25paying off. So whether you like it or not.
- 20:27Whether you're a fan or not, I'm, I'm personally, I want to
- 20:30see the average everyday people buying Bitcoin.
- 20:34I don't think our thesis has been broken yet.
- 20:36I think this is only going to get even crazier and the
- 20:39feedback loop is going to be even nuttier than we've ever
- 20:41seen before in the past. And I'm, I'm starting to, as I'm
- 20:45sure you can tell, I'm starting to get extremely bullish here.
- 20:47And, and I'm I, you know, I don't want to say it, but I, I
- 20:51think diminishing returns might be over.
- 20:52Nico, I'm, I'm, I'm just going to throw that.
- 20:54Out there. Oh, I mean, bro, that is a,
- 20:58that's a, that's an oomph. That's a big statement from from
- 21:02Opti. I don't believe in diminishing
- 21:05returns. Opti does not believe in
- 21:08diminishing returns. You know I was talking to.
- 21:12And I disagree we're. At drop, we're going to drop
- 21:14that episode on Saturday. I didn't even hear the
- 21:16conversation and I disagree and. He was basically making the case
- 21:21like, look, Nico, like Bitcoin's getting older, you know, it's
- 21:26established now like the days of, you know, the days of these,
- 21:32these dopamine hits are long gone.
- 21:35And Opti clearly isn't complete denial.
- 21:38I am totally in denial denial is not just the river Opti is in
- 21:43denial. It just makes no sense to me
- 21:46like my basic you know, 42 IQ left side of the bell curve take
- 21:50is we've barely seen the adoption of Bitcoin.
- 21:53I think globally, if you're being very optimistic about the
- 21:58adoption rates of Bitcoin, you could say it's like 3% And
- 22:01you're telling me that if 97% of the rest of the population gets
- 22:05in Bitcoin, we're going to see diminishing return.
- 22:07It just makes no sense to me. But I get, I get this idea of,
- 22:10of getting bored to death and you know, oh, we're just going
- 22:13to see a 30% kegger and all that stuff.
- 22:15And I'm, I'm just, it just makes no sense to me once we see the
- 22:19multitudes of capital come into it and once that starts ripping
- 22:23and we do finally get retail to come back in.
- 22:25I know retail's broke right now and most people have no money,
- 22:29but it just makes no sense to me that we are going to see
- 22:31diminishing returns when, when 97% of the world is not on
- 22:35Bitcoin. You're telling me it's only
- 22:37gonna go up 30% a year? Like come on bro, it's over,
- 22:41dude. You guys are bears.
- 22:42I don't like bears. Did you not get the call bro?
- 22:44It's it's I. Literally did not get the call.
- 22:46You got the call. At the end of September, you
- 22:48just chose not. To answer the call dude, that's
- 22:50what I do. I don't respond to texts and I
- 22:52don't pick up calls. Opti did not pick up the call,
- 22:55but they left the voicemail. I don't listen to those either.
- 22:59Shout out to the Shout out to the Primal Chat 27.
- 23:03ZAP so far 35 1000 sats appreciate all the sats and
- 23:10support from our friends over at primal.
- 23:12We're streaming to Nostra, we're streaming to rumble, we're
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- 23:25the algos already 524 people watching live on YouTube alone.
- 23:30So anyways guys the TLDR before we move on to the next section.
- 23:34Is this breaking news Morgan Stanley is going to be allowing?
- 23:40Not completely full, no. Vanguard, Vanguard.
- 23:42No Morgan Stanley, bro. That was the news.
- 23:45They're getting bullish and saying 4% adoption or 4.
- 23:48Percent Stanley is going to allow some of their clients to
- 23:51get. Exposure.
- 23:52That's what it says. OK, whatever.
- 23:54I'm gonna read the headline. Yeah, read it again.
- 23:55Let's. Read the headline Morgan
- 23:57Stanley. Just validate what I think
- 23:59you're mixing them up. Go, go.
- 24:02According to their October report, opportunistic
- 24:05portfolios, the ones built for higher risk and return, can now
- 24:08include up to 4% in cryptocurrencies.
- 24:12What's interesting? What's interesting isn't just
- 24:14the numbers, it's who this message reaches. 16,000
- 24:18financial advisors managing $2 trillion in client assets.
- 24:21That's the TLDR of today's intro.
- 24:25I was gonna curse huge huge for the reasons as I explained
- 24:30earlier and again Vanguard as well.
- 24:32Opti got hyped about Vanguard basically saying.
- 24:35You know what? Such a huge fan of Vanguard.
- 24:37You know what? I, I, I got it wrong.
- 24:42I got it wrong. We're going to walk it back.
- 24:43We are going to offer this to our clients.
- 24:45We are at an all time high 125,526 dollars for Bitcoin and
- 24:55we're doing it live. Which is we get all time highs
- 24:58every minute. Now tastic, I love this.
- 25:01I forgot this feeling. This used to be like a very
- 25:03common feeling around here and we forgot it.
- 25:07We forgot it. Anyways, you should always pride
- 25:11yourself at buying the top. I've been buying the top forever
- 25:16since. Forever I will buy the top
- 25:18forever. I've been buying the Bitcoin top
- 25:20since 2016. Been buying the top.
- 25:23Thought I was late. Bought the top AT20K in 2017.
- 25:27Bought the top at 2021 at 69 K Buying the top right now at 125
- 25:34K $500. I'm going to buy the top right
- 25:36after the show. But anyways guys go to the best
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- 26:24today to get started. All right everybody, let's get
- 26:27into the numbers. We have tons to talk about.
- 26:29We're going to be right back in just a bit.
- 26:37I want to give a shout out to our partner Stamp Seed.
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- 28:09Use promo code simply. You get 15% off anything on the
- 28:13store. At the time of recording the
- 28:15Bitcoin price is $125,540. I think that's the highest I've
- 28:19ever read. Block height 917,928 That's per
- 28:24dollar 797. Market cap 2.5 trillion Bitcoin
- 28:29versus gold market cap 8.92% Decline from all time high -.2%
- 28:35Realized monetary inflation .85%.
- 28:38What happens when it's an all time high?
- 28:39Does it say like Plus it just says 0.
- 28:41I guess I think it just says 0. Anyways, I have a very
- 28:45interesting video for you guys. I have Charlie Lee, the inventor
- 28:49of Litecoin, saying the choir part out loud.
- 28:53He says he would have made more money if he would have just
- 28:56bought Bitcoin instead of trying to launch his own altcoin.
- 29:00There is no second best. I just want to put a
- 29:02clarification here to say that Litecoin responded the official
- 29:06Litecoin account. It's interesting.
- 29:08Is there an official Bitcoin account?
- 29:10There is, but it's but it's not official.
- 29:13No, it's not official. It's not, it's not official.
- 29:15Like, that'd be kind of weird. Just Satoshi tweeting on
- 29:19Twitter. Like, could you imagine?
- 29:21That'd be crazy. I've heard about the knots and
- 29:26core debate puts up a poll. Oh man.
- 29:31But yeah, I mean, it's, it is kind of strange.
- 29:33The official Bitcoin account definitely runs core.
- 29:40Litecoin officially responds to Charlie Lee and he says anyone
- 29:43who reads this or any other posts referring to this video,
- 29:47watch the entire video, especially the time before and
- 29:49after this 40 seconds. Then you'll see how news gets
- 29:53twisted to fit a narrative. You're welcome.
- 29:55Yeah, do they not know how propaganda works?
- 29:57Jeez. Anyways, and people didn't react
- 30:04to it so well. Do you imagine being a a
- 30:06Litecoin shit coin holder bag holder right?
- 30:08Now hey, listen bro, you can hold up, you can hold whatever
- 30:11you want, but we recommend Bitcoin.
- 30:14OK, do what you want with your money, but you're probably very
- 30:17down bad right now. So let's check out Charlie Lee's
- 30:21clip with the context of. Apparently this is not the full
- 30:24clip. My advice for myself would just
- 30:28to be, I think this would be surprising to a lot of people,
- 30:32but which is to be buy like buy Bitcoin story away, don't sell
- 30:38anything and don't do anything else related to crypto and just
- 30:41sit on it and and be anonymous. That would be my advice.
- 30:47So don't follow in your footsteps, correct?
- 30:50Like I. Mean creating Litecoin did not
- 30:53really make me more money. Was a lot of headache.
- 30:57Yeah, it was. Yeah.
- 30:59Just if you just buy, buy Bitcoin, keep it away, stay
- 31:03anonymous, sit on it, don't sell anything.
- 31:06It would be better off. I mean, I mean bars.
- 31:10Like like, to be fair, like I don't know what missing
- 31:15contacts. Yeah.
- 31:16What's missing? Contacts like he he like that
- 31:21was a regret. That was an all-encompassing
- 31:24message. Yeah.
- 31:25He's like, I shouldn't have made that chick coin, I should never
- 31:28bought it. It sucked.
- 31:30It took my mental health away from me and I'm poor.
- 31:33I don't have the chicken I moved.
- 31:34I don't. Have now.
- 31:35It died. It died on us.
- 31:37It stopped clucking guys. It broke.
- 31:40It broke. Sure, yeah.
- 31:42We don't actually have a chicken.
- 31:43It's a rubber chicken. No animals were hurt, No.
- 31:48Animals were hurt. It was a.
- 31:49Rubber chicken, bro. A rubber chicken.
- 31:52It unalived itself. I don't it was.
- 31:55It wasn't a lot anyways. It it wasn't.
- 31:58It wasn't anyways. It doesn't work.
- 32:01It doesn't work anymore. It doesn't work anymore.
- 32:02The rubber chicken doesn't work anymore.
- 32:04Bring back the rubber chicken. We're.
- 32:05No, we're not. No, we're not.
- 32:06Yeah, we are. No, no, dude, it it's
- 32:09anticlimactic. It makes like a really bad
- 32:12sound. It's not cool.
- 32:15Anyways, so I don't know. I mean, look, I I, I get the
- 32:20context set up by the person who runs the Litecoin account, but
- 32:26like, that was an all-encompassing message.
- 32:28Like. There was a regret.
- 32:31There was if I could go back and do it all over again, Like it
- 32:34was very clear, like, how do you did?
- 32:36Did he have like multiple responses?
- 32:38Like, was she like, OK, but what would you do if you had like
- 32:41another choice? And then that's how he answered
- 32:43it. What would you do if you created
- 32:46a second Litecoin? But it sounded painful, like he
- 32:51was like, yeah, it just didn't make me a lot of money and I
- 32:54just wasn't a big. Fan though honestly that's
- 32:56probably the biggest tell here that all shit coiners just
- 32:58created a shit coin to make money here.
- 33:00I don't know. Yeah, I mean.
- 33:03Listen to them when they tell you the.
- 33:05Truth, I mean all point you can you can do whatever you want
- 33:08with your money, but obviously we recommend Bitcoin.
- 33:11I mean, that was a very, that was a very.
- 33:13I could tell it was from the heart is what I'm.
- 33:15Trying to, Yeah. And, and, and to be fair, that's
- 33:18probably the best advice you could give anyone.
- 33:20That's what we do all the time. You know, I, I was joking over
- 33:23the weekend that I'm still low key kind of mad at Nico for me
- 33:27still not being anonymous. I wish I just, you know,
- 33:32sometimes I wish I just didn't do anything and I just stacked
- 33:35Bitcoin and continued tweeting and no one knew who I was.
- 33:39That is the best advice that you could give anyone.
- 33:42And the reason it's the best advice is because it's tried and
- 33:45true. It is the best thing to do.
- 33:47The hardest thing to be doing is sitting on your hands.
- 33:50It's very easy for you to come into the space, you know, get
- 33:54caught up in the whole Bitcoin slash crypto craze.
- 33:57You go all in on Bitcoin. Next thing you know you're out
- 34:00there all in on these shit coins and you get absolutely wrecked.
- 34:03This is why we constantly tell people Bitcoin only take your
- 34:06Bitcoin into cold storage and if you're smart, you don't tell
- 34:10anyone that you buy Bitcoin and you live your life.
- 34:13That's literally the best way to be doing things.
- 34:15So as we always say, one of the best ways to become a Bitcoin
- 34:21maxi is by putting your hand on the stove and becoming a shit
- 34:24coiner. And we got it from the word.
- 34:26You know the the horse's mouth here.
- 34:28He wishes he didn't do anything in shit coins.
- 34:32It's guys when they tell you the truth, just listen to him.
- 34:35You're going hard in the paint bro.
- 34:37Dude we haven't talked about shit.
- 34:39Coin is on this show in a while. Kind of fitting.
- 34:42I mean, you know, we're trying to be inclusive, bro.
- 34:45You're trying to be inclusive. Just buy Bitcoin.
- 34:49Yeah, I mean. This is financial advice.
- 34:51No, no, no. It's not financial.
- 34:55Advice. I mean, that is it is simply
- 34:56Bitcoin for a reason, right? Yeah, we're not inclusive to
- 34:59shit coin. I mean, you can do what you want
- 35:00with your money, whatever you want, but we don't endorse any
- 35:03of that. Whatever you want, but we
- 35:05recommend Bitcoin only. This has been tried and tested
- 35:09so many times. Altcoins are literally were
- 35:14invented to take your Bitcoin like that again.
- 35:17But that's our opinion, not trying to make anyone feel bad.
- 35:22Dude, I I don't know if I could say it, but you know how I feel
- 35:26about bullying. Not trying to make not trying to
- 35:29make anyone feel bad, but yeah, altcoins were they're they're
- 35:33oscillators the best, but they all they all lose value towards
- 35:36Bitcoin over time. Like don't take my word for it.
- 35:38Like this isn't an opinion. Like don't trust me, verify it
- 35:41yourself. Look at BTC versus Ethereum.
- 35:45Look at BTC versus EI mean look at BTC versus XRP.
- 35:49It's all a down. It's all a downward trend
- 35:52towards Bitcoin. So my advice is buy Bitcoin if
- 35:56you want to end up with more Bitcoin.
- 35:58And then if you do want to get kind of risky because you want
- 36:03to get more, just understand that there's a, there's a
- 36:06probability that you're going to lose, you're going to end up
- 36:08with less Bitcoin than before, right?
- 36:10And I've heard that story so many times throughout my time in
- 36:14the space, right? So anyways, guys, it's going to
- 36:16be a fantastic show. Let's get to the news segment.
- 36:20We have a lot to cover today. We're going to be right back in
- 36:22just a bit. I want to give a shout out to
- 36:24our partner Let In, the leader in Bitcoin Back Loans unlock the
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- 38:14All right everybody, we are hitting all time highs fit to
- 38:17$125,623. It's never been a more important
- 38:24time to take self custody of your Bitcoin and that's why we
- 38:28want to give a very special shout out to our partner Bit
- 38:32Key. This is by far the easiest
- 38:35Bitcoin hardware wallet to use on planet earth.
- 38:38It is built for human beings. It connects with your phone.
- 38:43There's a key that's on your phone, there's a key that's on
- 38:46the hardware wallet, and there's a key that's on the bit key
- 38:48server. So if you want to give a
- 38:50hardware wallet to your friends and family or your grandparents
- 38:56or your parents that perhaps are not Bitcoin savvy or tech savvy,
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- 39:01Again, you do a single tap on your phone and you're ready to
- 39:05spend and again, you're taking your Bitcoin into cold storage.
- 39:10So go to bit key dot world today and use promo code simply you
- 39:16get 20% off the bit key wallet Again, this is incredibly
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- 39:29So highly recommend it. Very intuitive wallet to use and
- 39:34someone asked a question. Doesn't doesn't the one of the
- 39:37companies hold a key? Yes, they do, but it's a two of
- 39:39three. No, that's a totally different
- 39:41company. But I think they're referring to
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- 39:58on the store. Again, highly recommend this for
- 40:01for your friends and family, especially the ones that are
- 40:02just getting into Bitcoin. Any and they you want to get
- 40:05them on cold storage at the end of the day anyways.
- 40:08So I do want to talk about the elephant in the room.
- 40:12We are hitting an all time high. So let's read about the editor's
- 40:16pick. Bitcoin price hits an all time
- 40:18high. But here's what really matters.
- 40:22What really matters is bitcoins hitting an all time high.
- 40:25So it matters bro $125,763. It feels fantastic to say that.
- 40:34Coming up on 126K but I mean opti these all time highs don't
- 40:41hit like they used to hit. Bro when we used.
- 40:43To have all time highs, it would be like a 20% like face ripping
- 40:48it would be, it would feel fantastic.
- 40:50Bro just wait, there's still time.
- 40:52Like these are like 1002025500 and.
- 40:56Then back to a. 123 consolidate for two or three days and then
- 41:02bom Bing bom boom senor gringo papi says video Taco.
- 41:06I agree. I literally told Sophie to get
- 41:09us some of them today. They're absolutely delicious.
- 41:11I, I endorse that message. But yeah, man, I mean, how does
- 41:15it feel, Opti? We, we've been in the trenches
- 41:17for this entire year with you guys watching us, you guys
- 41:21supporting us. We wouldn't be on air without
- 41:24you guys. And yeah, I mean, it's been a
- 41:28heck of a ride this year, bro. Senator Lummus interview.
- 41:32Samson Mao interview. Yeah.
- 41:35I mean, so many, so many things this year that have happened,
- 41:38bro. And just the ups and downs of
- 41:41this, the Bitcoin cycle this year has not been that great.
- 41:45It has not been that great. I mean, we started the year that
- 41:47Trump's inauguration date, it was 109 K You know, basically
- 41:52nine months later, it's only at 125 KA, 125 K, 800.
- 41:58But dude, I mean it, it doesn't feel like it got that pump.
- 42:02But as Opti's saying, he's like, Nico, shut the F up, it's
- 42:06coming. Dude.
- 42:08Lower your time frame. October is just starting.
- 42:10What do you mean lower time frame?
- 42:11I just waited nine months. Dude, what's another two months?
- 42:159 three months. Well, I'm I'm kind of, I'm not
- 42:19so sure about December pumpage. I think this month and next
- 42:23month is going to be at the Crazy Games.
- 42:24That's it. It's over.
- 42:26I don't know, I'm just saying like, let me let me let me
- 42:29refresh here. I'm pretty sure historically
- 42:32speaking, October and November are the best return months and
- 42:36then December is not bad here. Sorry, wrong one.
- 42:42Yeah. So look, this is just what I'm
- 42:44basing it off of. Of course, this has become our
- 42:48favorite website recently because we're all just hoping
- 42:52that Q4 pumps. Oh, wait, let me pull this one
- 42:55off so you guys can see this and I'll pull this up.
- 43:00So historically, October gives us an average of 21% gains,
- 43:05median increase of 14, almost 15%.
- 43:09November is average 46% returns with a median return of 10%.
- 43:16And then December is an average 4% return, almost 5% return,
- 43:21with a median -3.22% return. So look at 2017.
- 43:25I get that. I'm just saying.
- 43:27I get that. I'm just saying I think most of
- 43:31the returns we're going to see are probably going to be
- 43:34November, but I'm I'm so cool with it being like 2020 and
- 43:372017. That sounds great to me.
- 43:39But still, I think I think November is probably going to be
- 43:44a really good month and I'm still a little unsure of what's
- 43:48going to happen in December. That's all I'm saying.
- 43:50Are we going to get incredible games?
- 43:51You think the cycles are over? Or you.
- 43:53Think they're done? I don't think they are to be
- 43:55honest. I really want to believe they
- 43:57are over because you guys know we've been talking about this on
- 44:02the show for a while. If the cycle does break, then
- 44:06that means we're going to have a lot easier time for 2026 as a
- 44:10Bitcoin business, which I'm totally cool with I'm I'm
- 44:13totally cool with not seeing another 80% drawdown.
- 44:16The last one when I went all in with you here at simply Bitcoin,
- 44:19that was rough for me, OK, that was a rough bear market all
- 44:22right. I still have PTSD from it and I
- 44:26I would be OK with not having a huge bear market next year.
- 44:31I, I would be OK with a boring next year where we see only like
- 44:352030% kind of draw down and then we go consolidate sideways and
- 44:39then we kind of increase. At some point I would be over
- 44:43the moon seeing that. Am I willing to trade that out
- 44:47for no more pumps? Like obviously not.
- 44:50I don't think that's a very high.
- 44:52I think I'll take the draw downs if it means we get crazy 10X
- 44:56returns again. But from a business perspective,
- 45:00from a, a psychological maybe from a, you know, more of a
- 45:02checkmate view of this, where we are maturing, we are growing up
- 45:06now and volatility and being all in and living your life off of
- 45:10it. I I would like to see that kind
- 45:12of flatten out again or flatten out a little that that like just
- 45:17makes me feel better. But if we see a blow off top and
- 45:21we do what people are saying, you know, we got a 400K this
- 45:24year, like I'll, I'll take a, you know, a little return back
- 45:28down here again just just to get the dopamine firing again.
- 45:31Nico, Like that sounds fun, but just like a since we're doing a
- 45:35a kind of, you know, pat ourselves on the back here where
- 45:38where, you know, we're self congratulation or self
- 45:43congratulatory here. It has been a pretty brutal nine
- 45:49months. Like you guys have watched us
- 45:52the whole year. The very beginning.
- 45:54We're like, OK, you know, this is going to go well.
- 45:57And then it didn't do it and we were in disbelief about what the
- 46:00price was going to do. And then the last three months
- 46:02we've been in this like hopeful and you guys have told us about
- 46:05this with our shows. Like it's going to pump next
- 46:07week. Like it's pumping.
- 46:09It's here and everyone's like, dude, Opti, you were saying that
- 46:12like a month ago, like where is the pump?
- 46:14I was hopeful, dude. I thought it was coming.
- 46:17Now this does feel, yeah, this does feel like optimism.
- 46:23Like this does feel like this rally is real.
- 46:26And we haven't really, we don't know where it's going to go,
- 46:29obviously. But hey, if we do what, 2530%
- 46:34gain this month, that's, you know, 135 or something like
- 46:38that, right? Like I'll take that for the end
- 46:41of the month, 150 by end of month.
- 46:42Like I'm all for that and then we see what another 50% gain
- 46:47that gives us in the 200 K range.
- 46:49I think if we end 200K. But at this point, after all
- 46:53we've seen this year, I will be, I will be happy.
- 46:57You know, maybe I'm trying to lower my expectations.
- 47:00So I'm not disappointed. Obviously all bitcoins going to
- 47:03continue to go up. All price gains are are. 126, we
- 47:06thought. No, dude, you're tripping.
- 47:09We haven't even. We haven't even touched it.
- 47:10We did Niko's a bear. Even when we're pumping Niko's a
- 47:15bear. This is crazy dude.
- 47:16You have you have the worst PTSD ever.
- 47:20Like how? All right am I am I going to
- 47:22chart boy? Do you guys want me to do 1's in
- 47:24the chat if I should chart boy right now one's in the.
- 47:29Chat you should save the chart boy for culture guys.
- 47:31No, no, no, I got some. I got some stuff talking about
- 47:34gold and all this stuff. All right, then pull it up.
- 47:35Pull it up. Yeah, all right.
- 47:37All right. Ones, I don't even care if
- 47:38you're dropping one. I'm going to chart boy a little
- 47:39bit. OK, Where where is my chart?
- 47:43All right, here we go. Chart boying.
- 47:45Buy a new chicken. Thank you, Ron.
- 47:47Appreciate it. Dude, the chicken's wack.
- 47:50You guys are tripping. I told you the chicken is a
- 47:52classic. Chicken's.
- 47:53Wack Chicken is a classic. No chicken's here.
- 47:56Actually, let me make a make me make a smaller here for a second
- 47:59so you guys can see this. Wow, look how small that is.
- 48:02All right, all these zaps on. Us Nico is saying 126 is top.
- 48:09We literally just broke out of all time high secured that all
- 48:13time high support line and you think 126 is all we're gonna get
- 48:19right now? It just like no, that's not
- 48:22what's happening. Look at this nice green candle
- 48:24here. Yesterday's candle broke above
- 48:29you know what was resistance to support.
- 48:31Now we got a close above that all time high line and now we're
- 48:34pumping and you think when 126 top?
- 48:37Like come on dude. Niko needs to learn how to chart
- 48:40boy. I don't know, man.
- 48:45I don't know. I don't know about that.
- 48:47I don't know about that. I don't know about that.
- 48:49Anyways guys. Oh, they wanted the chart.
- 48:50Boy, let's. Go Barry.
- 48:54Niko, bring on Sophie. Yeah, Sophie.
- 48:56Perma Blair. Alert Sophie.
- 48:58'S got to make a return appearance anyways, guys, we're
- 49:00going to be right back in just a bit.
- 49:01We're going to hit the culture. I want to give a shout out to
- 49:05our partner Hive Digital Technology.
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- 51:05All right, guys. All right, all right.
- 51:07So you guys know I've been watching very closely what's
- 51:13going on with gold. I don't hold gold.
- 51:15My dad is a gold bug. I'm a bitcoiner, but what we're
- 51:20seeing happen in the gold markets, and I've been covering
- 51:22this for the last, you know, months now of it's very
- 51:26impressive what's going on with gold.
- 51:28But it's really telling us a lot more of what's going on in the
- 51:31system and really a lot more of what's going on in the
- 51:34psychology of investors right now.
- 51:37And it's finally catching on, guys.
- 51:39It's finally catching on. The signal is finally going
- 51:44global. Everyone is talking about this,
- 51:47at least in in like in the trader circles.
- 51:50I, I wouldn't say everyone because mom and pop on the
- 51:52street aren't talking about it yet, but they will soon.
- 51:55And what am I talking about? They are now even framing this
- 52:00in a new, you know, a new meme. They're calling it a debasement
- 52:05trade, which JP Morgan came out and said this.
- 52:08I believe it was Thursday or Friday of last week.
- 52:11I was actually going to cover it when I was covering JP Morgan
- 52:13last week, but I just completely forgot to add it to my show
- 52:16notes. It was supposed to be a part of
- 52:18that segment. I just completely blank.
- 52:20Anyway, JP Morgan golden Bitcoin surged as the basement trade
- 52:24gains momentum again on Yahoo fiscal fears fuel flight to
- 52:28Bitcoin gold as major currencies falter.
- 52:31The so-called quote debasement trade has gained traction amid
- 52:35rising national debts and political instability, prompting
- 52:39a broad retreat from Fiat assets and and the main signal here is
- 52:44of course, gold. I don't know if you guys saw
- 52:46this morning, but it's almost at $4000 per oz, which is just,
- 52:49it's, it's nuts. It's, it's ripping right now,
- 52:52which I think is telling us a lot about what the psychology of
- 52:56investors are right now. Again, to kind of break this
- 53:00down with the debasement trade, this is what Bitcoiners have
- 53:02been talking about for a long time.
- 53:04Everyone knows right now you cannot hold Fiat currencies,
- 53:07which starts to trickle into, no one wants to hold treasuries.
- 53:11This is why we're seeing gold start ripping.
- 53:13You're even seeing silver RIP, which is kind of hilarious.
- 53:15And of course, Bitcoin is ripping as well.
- 53:17Now what you're seeing is people do not want to hold Fiat
- 53:22currencies or treasuries. And they're going into, you
- 53:24know, the safe haven assets, which historically has been big
- 53:28or sorry, gold. But for us, it is Bitcoin.
- 53:31And I saw this as well over the weekend, which is absolutely
- 53:34nuts. Gold, I think now is up about
- 53:3750% and bitcoins up about like 3540% as of today.
- 53:42I, I didn't check it live on the show, but they're the two top
- 53:46performing major assets so far in 2025.
- 53:49And we've never seen gold and Bitcoin be in the number one and
- 53:52#2 spots for any calendar year since Bitcoin existence.
- 53:56This should be telling you what is going on right now.
- 54:00A lot of people do not want to hold the dollars.
- 54:03There is a very real concern right now about Fiat debasement,
- 54:07Fiat currencies failing. Whether that's going to happen
- 54:10anytime soon is probably a totally different conversation.
- 54:13But you're seeing people are investing in gold.
- 54:16And of course now we will see probably in Q4 they will also
- 54:20invest in Bitcoin. And of course, these headlines
- 54:23are everywhere. Here's MarketWatch how 1 of
- 54:252025's most popular trades is boosting gold and Bitcoin and
- 54:28may keep going during the government shutdown we saw in
- 54:31the last six days bitcoins up 10% in all of Q3 it was up about
- 54:356%. This is catching on.
- 54:38They're they're starting to wake up to what bit corners have been
- 54:41saying for a long time, the quote debasement trade.
- 54:44And what's funny is a lot of people are looking at S&P 500
- 54:50from the trad fine. They're like, man, dude, we're
- 54:52killing it. We're up 40% in the last six
- 54:54months. You know, the gold bugs are
- 54:56like, gold is nearing $4000 per oz and Bitcoin is now a 2 1/2
- 55:01trillion dollar market cap. And what in reality here?
- 55:05And Kobayashi hits it. Meanwhile, the US dollar is set
- 55:08for the worst year since 1973. Are markets that strong or is
- 55:12just the US dollar crashing right now?
- 55:15That's how bitcoiners have been thinking about this for a while
- 55:18and I think this is how people are going to start to see this
- 55:21moving forward is exactly that. It's not that, you know, our
- 55:26assets are going up because of productivity etcetera.
- 55:29It's really people are losing faith in the store value of Fiat
- 55:33currencies and that's really, or rather they're debasing the
- 55:36currency and that's why our assets are going up again, going
- 55:40further. They, they actually did a, I'm
- 55:42pretty sure they messed up here. It should be something unusual
- 55:45is happening. Silver is now up 63% in 2025 and
- 55:49of course, Bitcoin is going up. And all while the S&P 500 is one
- 55:53of its best six months runs in history.
- 55:55Like again, what is going on here?
- 55:58They're destroying, they're destroying the currency here.
- 56:01And this is like the real kicker here.
- 56:03Shouts out to Anthony Pompolianos, I saw this going
- 56:05around. He wasn't the first one, but I
- 56:07like how he put his tweet here. Everyone is bragging the S&P 500
- 56:11is up more than 100% since 2020, but the index is actually down
- 56:1588% when priced in a hard asset like Bitcoin.
- 56:18Bitcoin is the hurdle rate. If you can't beat it, you have
- 56:20to buy it. And here's a good chart.
- 56:22The S&P 500 has collapsed 88% in Bitcoin term since 2020.
- 56:26This is what bitcoiners mean by the debasement trade or Bitcoin
- 56:30is the hurdle rate. If you can't outperform Bitcoin,
- 56:34then you should just be buying Bitcoin.
- 56:35You should just be holding Bitcoin.
- 56:37This is starting to catch on. And everyone is looking at the
- 56:40numbers. And I think This is why we
- 56:42started the show. And we're starting to see that
- 56:44all of the institutions, all of Wall Street is pivoting right
- 56:47now because they're seeing one, of course, sailor just kill it
- 56:51in returns making what, $11 billion in the in the tail end
- 56:54of this year. And it's not even over.
- 56:56And everyone else is like, you know, looking at their gains at
- 57:00S&P 500, they're like, yeah, man, we're killing it.
- 57:02They're looking at the gold price.
- 57:04They're like, yeah, man, we're killing it when you really price
- 57:06it in the new denominator. This is where things start to
- 57:09get a little scary if you're not a Bitcoin and and shout out the
- 57:12sight bringer. He's been doing a great job and
- 57:15this I'm not going to read the whole tweet.
- 57:16You guys go final find his Twitter, but he goes golden.
- 57:19Bitcoin rising together is a signal and the signal is is that
- 57:23the denominator is collapsing. The Fiat denominator is trash
- 57:28and we're seeing a shift in how capital seeks refuge when you're
- 57:31measuring stick AKA Fiat or dollars itself is degrading.
- 57:35Historically, these two assets are reflexive opposites, Gold as
- 57:39legacy collateral, Bitcoin as emergent collateral and when
- 57:42they synchronize it means something deeper is happening
- 57:45Belief itself is fleeing the yield structure guys.
- 57:48We're seeing it happen in real time.
- 57:51Now, of course, this isn't to go full Fiat doom and like it's
- 57:54over tonight and Chicken Little it, but we are seeing that
- 57:59things are changing in real time and seeing gold and Bitcoin RIP
- 58:02like we're seeing. And of course even the S&P 500
- 58:05RIP, silver RIP, all the assets are going up.
- 58:08But in reality, you're starting to see that denominator, the
- 58:11dollar is not in a good position.
- 58:13People don't want to hold it. So again, you guys have been
- 58:17right bit corners have been right for a long time.
- 58:19But now we're starting to see that the the market is starting
- 58:23to get the right signals here and they may be a little too
- 58:28little too late. You can argue that, but you're
- 58:31starting to see people are waking up to what's happening.
- 58:34It's no longer just Bitcoin circles, you know, theorizing
- 58:37about this. It's happening in real time and
- 58:39they have to take notice of what's happening in Bitcoin.
- 58:41So I think that's what's going on with gold right now.
- 58:44That's what we're seeing with Bitcoin.
- 58:46I think Q4 is going to be bitcoins as we see when gold
- 58:50kind of stops, starts, stops pumping, that's when bitcoins
- 58:52going to start pumping. So I don't know, guys, this is
- 58:56what winning feels like. This is what winning feels like,
- 58:59even though it did correct a little bit.
- 59:00We're at 1:24 seven, but hey, we're winning, guys.
- 59:04The narrative is winning, I. Just got to say Opti's macro
- 59:06game is on. Par dude, you just got to look
- 59:10at the right signals Gold, you got to.
- 59:13Follow on this you got to follow Opti on Twitter.
- 59:15He's. Gonna no, I've been shit posting
- 59:17I. Don't.
- 59:18He's talking macro. No I don't.
- 59:20I shit post. I just high level macro.
- 59:22I don't. I don't.
- 59:23High level macro memes. High level ship posts macro
- 59:26follow Opti For macro memes you want macro memes, follow Opti.
- 59:30No, I don't do MACO memes. I did shit post memes does that.
- 59:34I might I might talk a little macro.
- 59:35I might talk a little macro, but I really I really.
- 59:37Follow Follow Opti. For the macro memes, no I'm AI
- 59:40I've I've re pivoted my account to my glory days of just pure
- 59:45shit shit posting. Sorry shit posting, not shit
- 59:48coining pure shit posting. I just see good tweets and then
- 59:52I copy them and I just shit. Post them macro memes.
- 59:56No, I give the macro On the show Optimus field I give the macro.
- 1:00:00On the. Show on Twitter help Opti get to
- 1:00:0350,000 followers so he feels the pressure of being able to very
- 1:00:09good macro takes. No, dude.
- 1:00:12Follow Follow Opti. Yeah, sure, Optimus fields hit
- 1:00:15it. All right, everybody today.
- 1:00:18No, I give the macro on the show.
- 1:00:20I just shit posts on my Twitter. If you want some good shit
- 1:00:22posts, follow me, I'll make some levity on your timeline.
- 1:00:26October 6th, 2025 This was SB live.
- 1:00:30If you guys enjoyed the show, smash that like button.
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- 1:00:55Anyways guys, we love you all. We appreciate you all, and we'll
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