Latest / Simply Bitcoin / BREAKING: This Country Was JUST EXPOSED For SECRETLY BUYING Bitcoin?! | EP 1315

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BREAKING: This Country Was JUST EXPOSED For SECRETLY BUYING Bitcoin?! | EP 1315 · Simply Bitcoin

• 0:00
  Literally hours ago, a nation state was just exposed for
• 0:03
  secretly buying 200,000 Bitcoin, leading many people to wonder
• 0:09
  who is this country that is secretly buying this Bitcoin?
• 0:13
  A lot of people will probably think this is just wild
• 0:14
  speculation, but you're going to have to hear what one of the
• 0:17
  most connected people in the world just said. the US
• 0:20
  President's son, Eric Trump might have just exposed
• 0:24
  everything. Let's watch the clip.
• 0:27
  And so guys, I, I see that all over the world, right?
• 0:29
  I, I, I spend a lot of time in just about every country on just
• 0:32
  about every continent. I've got projects and I talk to
• 0:34
  people and, and honestly, the race toward cryptocurrency is,
• 0:37
  is electric right now. I mean it, it is absolutely
• 0:40
  electric. I don't care if you're talking
• 0:42
  to the the top leaders of various countries where they're
• 0:45
  saying, they're saying you know the winner when it's not nearly
• 0:47
  as hot. I'm gonna take all the energy
• 0:49
  supply for my major city and I'm gonna, you know, dedicate it.
• 0:52
  To to Bitcoin mining. I really believe in that asset
• 0:55
  or you know, our country just bought, you know, 200,000
• 0:58
  Bitcoin and we did so very quietly.
• 0:59
  We don't want anybody to know about it, but that's how much we
• 1:01
  believe in the ass. Interesting, interesting clip.
• 1:05
  So I didn't mention this was at the Wyoming Blockchain Summit
• 1:09
  yesterday. A lot of good clips coming out
• 1:11
  of this, but I don't know, there's a lot of stuff to unpack
• 1:14
  on this clip. The first one, of course, the
• 1:17
  conversation around Bitcoin is quote, electric.
• 1:20
  Sounds like he's been talking to Luke lately, cuz that's that's a
• 1:23
  Luke ISM if I've heard one. And then the other one, which
• 1:26
  is, you know, a little less interesting, but this idea of
• 1:30
  he's talking to, you know, nation state leaders that are
• 1:33
  saying, Hey, when it gets less hot, obviously we're in the
• 1:36
  summer. There's a lot of memes going on
• 1:38
  right now about the summertime. You know, selling may go away,
• 1:41
  Of course, the heat going around the world right now around the
• 1:44
  summer and basically saying, hey, once it gets less hot,
• 1:47
  we're going to be using our excess energy to mine Bitcoin.
• 1:50
  That's two, you know, two really big thoughts right here.
• 1:54
  One, the conversation is shifting worldwide.
• 1:57
  Of course, we've been talking about this on the show for a
• 1:59
  long time. Everyone now has to very
• 2:02
  seriously look at Bitcoin. We're no longer just Internet
• 2:05
  money coins. It's no longer just hey, don't
• 2:08
  don't worry about that Internet coins.
• 2:09
  Don't don't worry about that Internet magic money.
• 2:12
  Now it's hey, we need to actually seriously look into
• 2:16
  this. That's a huge shift in and of
• 2:18
  itself right there. And then the second thing is
• 2:20
  something I've been talking about on this show for a long
• 2:22
  time, and I'm going to pass it to Nico here in a second.
• 2:25
  But this idea of once energy is priced in or in Bitcoin, we move
• 2:29
  away from the Petro dollar system to the Petro sat system.
• 2:33
  That's when things get really, really out of control and we
• 2:36
  start seeing, we've already seen this kind of trend of nation
• 2:39
  states around the world embracing Bitcoin.
• 2:41
  Obviously the Kingdom of Bhutan being like the biggest example
• 2:45
  of this. And we've seen what is done for
• 2:47
  them. A tiny country, they've stacked
• 2:49
  a pretty good amount of Bitcoin, 1/3 of.
• 2:51
  Their GDP bro. Yeah, 1/3 of their GDP by just,
• 2:55
  you know, secretly turning on some ASICS and stacking that
• 2:58
  Bitcoin. And now it seems like Trump has
• 3:01
  been talking to, I would argue some probably very big energy
• 3:06
  countries here talking about, But yeah, we're going to start
• 3:08
  mining Bitcoin very, very soon. And hey, this could be happening
• 3:12
  now. We are seeing the hash rate go
• 3:14
  up exponentially. And a lot of us have been
• 3:16
  wondering where is this new hash rate coming from?
• 3:19
  Where is the hash coming from at the moment?
• 3:22
  Because it is going nuclear right now.
• 3:24
  And I know there is a lot of corporations, you know, public
• 3:28
  Bitcoin miners that are adding more hash, but it does seem to
• 3:31
  be going at a level that we've never seen before.
• 3:34
  So let's talk about the energy aspect right here, Nikka, before
• 3:37
  we really dive into the big kahuna, which is that last thing
• 3:40
  he said at the end, this idea of countries talking about, you
• 3:44
  know, using their excess energy to mine Bitcoin.
• 3:47
  And I'm guessing I actually let's we'll we'll speculate on
• 3:51
  who we think these countries are after we kind of unpack this
• 3:54
  little short clip. But this idea is something we've
• 3:57
  been talking about on the show for a long time.
• 3:59
  And you being an ex miner here, you know, pivoted for mining to
• 4:02
  media. This is what we've always been
• 4:05
  talking about and it's happening now.
• 4:08
  Yeah, I mean, dude. So first of all, a couple things
• 4:12
  that I want to mention before we explore that topic.
• 4:15
  What was really interesting about that summit, So the
• 4:17
  Wyoming Blockchain Summit is it's two days before the Federal
• 4:25
  Reserve Jackson Hole meeting, the Wyoming Blockchain Summit.
• 4:36
  That's symbolic, OK, That is symbolic.
• 4:39
  That is basically saying, listen, guys, there is a, an
• 4:45
  alternative system to central banking And think all the people
• 4:52
  that are going to the Federal Reserve's Jackson Hole, all
• 4:59
  those policymakers, all those regulatory, you know, officials
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  there, they're going to the Wyoming blockchain symposiums
• 5:09
  that these symposiums are so close to and all the over the
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  last couple of months, I mean, Trump thing for criminal
• 5:30
  charges. Powell Trump has been fighting
• 5:39
  Powell Public Building and Powell about the budget for the
• 5:49
  refurbishment of the federal Res.
• 5:57
  Nico, Nico, I, I think we're losing you, bro.
• 6:01
  You're Internet direct. Summit Derv.
• 6:07
  Jackson Hole Summit. Nico's lack of hope is causing
• 6:18
  network failure. Looks like Nico.
• 6:21
  Yeah. Nico, I I don't know what's
• 6:23
  going on over there. OK.
• 6:25
  All right, All right. Confirmation.
• 6:26
  It's not just me, Nick. Yeah.
• 6:30
  Yeah, me too. Me too.
• 6:33
  Nick is censored. No, Nico.
• 6:35
  Refresh, refresh, refresh. Your your Internet here.
• 6:40
  Actually, let me let me. Let me text him.
• 6:44
  Yo, Internet wrecked. Refresh.
• 6:50
  OK? I don't know where Nico was
• 6:51
  going with that. OK.
• 6:52
  We lost Nico. We lost Nico.
• 6:56
  I don't know where he was going. I don't know where we're going
• 6:58
  with that. But yeah, energy is, I think,
• 7:02
  where we're going to see a symbiotic relationship go.
• 7:06
  They're throwing his Internet. He's in.
• 7:07
  He's in Europe right now. I think that Europe is bad.
• 7:10
  I think European, the Internet is bad, so maybe it'll pop off,
• 7:14
  Maybe he'll pop back on. Let me see.
• 7:17
  Yeah, he's still wrecked. OK, Let me pull him off real
• 7:20
  quick and I will handle this. Hopefully he comes back, though
• 7:23
  'cause Nika's supposed to do that, the heavy lifting here on
• 7:27
  today's show. All right, let's let's just get
• 7:29
  to the big kahuna here. Look, you can speculate that
• 7:35
  maybe, you know, Eric Trump here is pumping his bags.
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  We know he is just recently a part of the American Bitcoin
• 7:45
  mining company. So again, maybe.
• 7:48
  Oh, are you back? Sorry about that ladies and
• 7:50
  gentlemen. Internet, Internet, Wi-Fi, I am
• 7:53
  back. OK.
• 7:55
  But yeah, So what I was the point I was trying to make is
• 7:58
  the symbolism between the Fed summit that is held in Wyoming.
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  It's super, super well known. This is the Federal Reserve's
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  summit. This is the central banking
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  summit of the year. It's held in Wyoming.
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  And the fact that there's a blockchain summit two days
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  later, that's not a coincidence, right?
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  All the same policymakers and the regulators, they're all
• 8:24
  going to be there. And this Wyoming blockchain
• 8:26
  summit is invite only. And you have the president's son
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  attending the blockchain summit that again is a couple days
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  before after the Fed, the Federal Reserve summit.
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  So yes, that's not a coincidence.
• 8:43
  What you're sure what you're seeing there is a representation
• 8:46
  of an alternative system being born and influence around that
• 8:52
  alternative system. And you hear the president's son
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  and, and you guys have to remember, right, the president
• 8:58
  has skin in the game. He owns the 6th largest Bitcoin
• 9:02
  treasury company, the Trump Media Group.
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  And his son, of course, is going to be a representative of his
• 9:09
  father. There's interest after all.
• 9:12
  And the fact that he's going out there and saying, listen, I'm
• 9:15
  talking to countries and these countries are buying 200,000
• 9:19
  dollars, 200,000 Bitcoin behind the scenes while no one is
• 9:23
  paying attention, tells you something.
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  And another thing is for the last year or so, guys, the Trump
• 9:29
  administration and the Federal Reserve have been literally
• 9:34
  batting heads. They've been going back and
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  forth. The Bitcoin senator who's also
• 9:39
  that the senator from Wyoming, she represents the state of
• 9:42
  Wyoming. She's been very vocal against
• 9:45
  Jerome Powell and the Federal Reserve.
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  She's been making the argument that they have been not been
• 9:51
  acting in a neutral fashion, that they've been compromised.
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  So again, this blockchain summit, this Bitcoin conference
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  in the state of Wyoming, right next to the central bank
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  conference, so to speak, is symbolic as hell, and it's
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  completely on purpose. This is not a mere coincidence,
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  I believe why Senator Lummus also made an appearance as well.
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  And again, this is sending a message because if you guys have
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  been paying attention, Operation Choke .2 Point O, the Federal
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  Reserve had their hands all over that.
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  At the end of the day, the federal banking charter that
• 10:34
  Custodia Bank needed, shout out to Caitlin Long, the CEO and
• 10:39
  founder. It had to be approved by the
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  Federal Reserve. The Federal Reserve denied that.
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  Now, apparently, that that order came directly from the White
• 10:49
  House. But you can make a very strong
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  argument that the Federal Reserve has not been acting in a
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  bipartisan, neutral fashion. They've been acting in a
• 11:00
  politically compromised partisan fashion.
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  And if they've been acting in a partisan fashion, they shouldn't
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  have independence. The whole reason they have
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  independence is so that politics doesn't get involved.
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  But if they act in a political matter, there is no type of
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  oversight whatsoever. There's no democratic check.
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  You can't vote the Fed chairman out of office.
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  He's appointed by the president, right?
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  He's accountable to Congress. But there is no, you know, we
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  always get the lectured about democracy, right?
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  There is no democracy pradic involvement in the appointment
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  of the Federal Reserve and the Federal Reserve Board members.
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  And they have a tremendous amount of power over our
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  country. Not only do they control money,
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  they control the price of money, but they also set these
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  arbitrary rules that have been hurting our industry, right?
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  So the fact that these two conferences were so close to
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  each other was extremely, extremely symbolic.
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  And the fact that President Trump's son Eric Trump was
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  dropping the sauce, basically saying, listen, there's
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  countries. I'm, I'm hearing this
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  information that are buying 200,000 Bitcoin behind the
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  scenes should tell you everything you need to know.
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  I'm telling you guys, I'm sticking to my guns.
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  I would not be surprised that by the end of Trump's second term,
• 12:36
  the price of Bitcoin is at a half, $1,000,000 per coin.
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  Why am I saying this? Why am I saying this?
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  The Trump, the Trump family owns the 6th largest Bitcoin treasury
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  company. Trump's sons are going to every
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  single Bitcoin conference left and right.
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  Do you think they're doing that out of the goodness of their
• 12:56
  heart? We know that the rest of the
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  executive branch, whether it's JD Vance or RFK Junior, they all
• 13:03
  own Bitcoin. Do you think they want the price
• 13:05
  of Bitcoin to drop? No, they don't want the price of
• 13:08
  Bitcoin to drop. They want the price of Bitcoin
• 13:10
  to go up like the rest of us. But again, I think the symbolism
• 13:14
  there, I think it's a giant middle finger to the central
• 13:18
  banking elites and the Federal Reserve itself.
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  The fact that they put that so-called blockchain summit so
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  close to the Federal Reserve Conference of the year, the
• 13:30
  very, very famous one, the one that's known worldwide.
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  They're they're let me get the official name right so I don't
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  mess this up. The feds Jackson Hole symposium,
• 13:42
  which is interesting because the, the, the blockchain summit
• 13:46
  is actually called the Wyoming blockchain suppose symposium.
• 13:50
  So they're actually using the same name and take a look at how
• 13:54
  close the dates are. So the Wyoming Blockchain
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  Symposium is August 18th through the 21st.
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  The Fed's Jackson Hole Symposium is August 21st to the 23rd,
• 14:06
  right. So yeah, I mean it.
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  I just, I just don't think, you know, I, I just don't think it's
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  a coincidence. Like both events are
• 14:16
  deliberately anchored in Jackson Hole.
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  And it's of course, it's going to attract global central
• 14:23
  bankers, policymakers, the press and the strategic time, the
• 14:28
  strategic timing around it. And it's it's kind of
• 14:31
  piggybacking, piggybacking off of of the Feds Jackson Hole
• 14:36
  summit. And again, the convenience, the
• 14:38
  same crowd of policy makers, investors and media are in town.
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  And This is why this is getting so much attention.
• 14:46
  The words from the president's son, man.
• 14:49
  So to go back to what you were saying earlier, Opti, regarding
• 14:53
  energy in countries, right, We didn't know.
• 14:56
  So the Kingdom of Bhutan was mining Bitcoin.
• 15:00
  It was like, I remember when the news drop, it was like a Forbes
• 15:04
  article and they had this beautiful picture and it was
• 15:08
  like a secret Kingdom in the Himalayas is mining Bitcoin,
• 15:12
  right? And essentially we discovered
• 15:16
  that they were mining Bitcoin not because they publicly really
• 15:19
  see information, but because of the lawsuits due to the Celsius
• 15:24
  bankruptcy. And their name came up and then
• 15:27
  some investigative journalism started coming up and people
• 15:32
  found out, holy cow, this country is mining like a hell,
• 15:36
  like a lot of Bitcoin. And if you do the math, 1/3 of
• 15:40
  their GDP is in Bitcoin, right? And it makes sense.
• 15:45
  This small Himalayan Kingdom gets a tremendous amount of
• 15:49
  hydroelectric power. But because they're such a small
• 15:52
  country, they have excess energy.
• 15:55
  What are they going to do with that excess energy?
• 15:57
  You either sell it to neighboring countries or you
• 16:00
  turn it into sweet, sweet Satoshi's.
• 16:03
  And this is a phenomenon that you're seeing worldwide.
• 16:06
  You're not only seeing it this in the Kingdom of Bhutan, you're
• 16:09
  seeing this in Canada. You're seeing this in Paraguay.
• 16:12
  I'm actually going to Paraguay in mid-september to check out a
• 16:16
  mining operation by our friends over at Hive Digital
• 16:19
  Technologies. They're building out a mat.
• 16:23
  They're they're they're quadrupling their their mining
• 16:26
  output. And yeah, this is a phenomenon
• 16:29
  that you're seeing worldwide. These countries that normally
• 16:33
  would have this stranded energy that would go to waste
• 16:36
  essentially. Now all of a sudden Bitcoin
• 16:39
  miners give that stranded energy value.
• 16:42
  So what's really interesting though, Opti, is how hush hush
• 16:46
  they're keeping all of this like, what is this country?
• 16:50
  What is this country? How much Bitcoin does the United
• 16:53
  States have? Why is that summit so close to
• 16:56
  the central banking summit? It's almost as if they're
• 16:59
  sending a sign and then of course, Trump battling it out
• 17:04
  with Jerome Powell on X or on truth social.
• 17:07
  Like I mean, listen, guys, like if you connect the dots, it's
• 17:11
  very obvious here. And our boy what?
• 17:14
  What's our boy bro with the with the Pepe theory, G money.
• 17:19
  G money did that digital 1776 theory, man, the more, the more
• 17:26
  you go down that rabbit hole, the more true it looks, right.
• 17:29
  And you know, we, we had a lot of people questioning the very
• 17:33
  idea of the Federal Reserve itself.
• 17:35
  And that moves the Overton window.
• 17:37
  We know people are hurting. We know people can't afford
• 17:40
  housing. We know people are, are, are,
• 17:43
  are feeling the wealth inequality in society, which
• 17:46
  really breaks society apart because most people can't afford
• 17:50
  anything. And that of course, creates envy
• 17:52
  and resentment. And we know the solution.
• 17:55
  We know what the cause of that as Bitcoiners is.
• 17:59
  The cause is the very central banking system itself.
• 18:02
  So again, I think that there is some things happening in the
• 18:07
  background that we are just not Privy enough.
• 18:10
  We're we're not in those halls, we're not in those meeting
• 18:14
  rooms. But I think this is overly
• 18:17
  incredibly bullish for Bitcoin because at the end of the day,
• 18:20
  guys like, I mean, 200,000 Bitcoin, like I don't know how
• 18:24
  many days it would take to mine that much Bitcoin there.
• 18:27
  You're buying more Bitcoin that is, that is actively being
• 18:31
  mined. And eventually there's going to
• 18:33
  be a supply shock. Eventually the price just shoots
• 18:36
  up into the moon, right? So that's my take on all that
• 18:39
  Opti, yeah. Well, I mean the the point
• 18:43
  remains the same as of now because it is so hush hush.
• 18:48
  We all are kind of speculating on who this country actually is.
• 18:53
  And then considering this is Eric Trump, you know, the
• 18:55
  president's son, I think we could kind of narrow it down
• 19:00
  into a few countries or rather maybe a few regions that could
• 19:05
  most likely be the countries that are stacking.
• 19:08
  Now everyone's wondering, you know, what's going on with
• 19:11
  China. I doubt Eric Trump is having
• 19:13
  conversations with anyone in China about their Bitcoin
• 19:15
  holdings. That just makes no sense on a
• 19:17
  geopolitical, you know, perspective here that yeah,
• 19:21
  we're we're battling here in a Bitcoin race.
• 19:23
  Of course it's America, supposedly America with about
• 19:26
  what, 200K, maybe 190K, maybe as low as 150160K.
• 19:31
  We really have no idea on how much we actually hold China.
• 19:35
  I think their holdings are roughly around 170,000 coins.
• 19:38
  So if we can take the official metrics here, it is America
• 19:41
  leading with roughly 190200K coins and China following very
• 19:46
  closely. So I think we can rule off this
• 19:49
  being China, although China could be quietly accumulating,
• 19:53
  but I don't think they'd be conversating with Eric Trump
• 19:55
  about this. Now.
• 19:56
  I don't think any of these smaller countries could actually
• 20:00
  acquire 200K Bitcoin. They just don't have the money
• 20:03
  to do that. Now for me, you know, someone
• 20:05
  said Brazil in the chat. I don't think it's Brazil
• 20:07
  personally. We've already seen some inklings
• 20:10
  of the countries in the Middle East embracing Bitcoin, their
• 20:13
  pension funds, sovereign wealth funds rather.
• 20:16
  And so my bet would be it's probably a country in the Middle
• 20:20
  East because we have seen the Middle East or rather different.
• 20:23
  Different areas in the Middle East have these conversation
• 20:26
  with the US. We've seen huge investments
• 20:28
  coming from the Middle East into America through the Trump
• 20:30
  administration. I'm guessing that's probably the
• 20:33
  more friendly jurisdictions of where these conversations are
• 20:37
  coming from. We already know they have an
• 20:38
  appetite for Bitcoin. Now it could be some countries
• 20:41
  in Asia, but personally, I would I would bet my money on it's
• 20:45
  probably a country in the Middle East.
• 20:47
  We know they don't want to really tell everyone what
• 20:49
  they're doing. Again, they everyone's kind of
• 20:51
  falling into the Kingdom of rabbit hole here where like
• 20:55
  they're being forced to expose their holdings and if they're
• 20:59
  smart, they're not going to be telling us how much they
• 21:01
  actually hold. So my money would be it's
• 21:03
  somewhere in the Middle East, maybe the United Arab Emirates,
• 21:07
  maybe it's Saudi Arabia, like one of those countries.
• 21:10
  I think it's probably where our best guesses would be.
• 21:14
  So that would be my take here. Nico, I don't know if you agree
• 21:16
  with me. And then I really want to ask
• 21:18
  you, Nico, you did hit on this. Can we take Eric Trump's word on
• 21:22
  this as he it and it wasn't that he heard it sounded like he
• 21:25
  heard it from a private conversation.
• 21:27
  So it was a one to one. Someone told them, told him that
• 21:30
  they are buying Bitcoin. So.
• 21:32
  Yes, I, I think 100% you can take his word on this.
• 21:37
  I think, I think a lot of things are happening in the background
• 21:42
  that we are not seeing. I think the price action
• 21:47
  represents a smart money buying Bitcoin.
• 21:51
  It represents money buying Bitcoin, and you can even say
• 21:56
  manipulation of the Bitcoin price action so that big players
• 22:01
  fill their bags, which is why me and Opti have been literally
• 22:05
  screaming from the rooftops the last three weeks or so.
• 22:09
  Oh, if you're selling your Bitcoin right now, you're either
• 22:12
  selling it to BlackRock or you're selling it to a
• 22:14
  government. You're either send it to one of
• 22:16
  those entities. Retail is not buying your
• 22:21
  Bitcoin bought in massive, massive quantities is being
• 22:27
  tuition and by governments by. So if you're selling your,
• 22:36
  you're doing the opposite of you're continuing the system.
• 22:41
  So chat, which country do you believe is current?
• 22:46
  I do agree with with you, Opti. I do believe it might be headed
• 22:55
  Arab Emirates. I believe leave the Bitcoin
• 23:00
  conference did throw a conference there.
• 23:03
  Bitcoin Mina, I believe it was an Abu Dhabi spoke there, right.
• 23:06
  So if you just kind of connect the dots between 1:00.
• 23:11
  I think we're I think you're back, but we're losing you a
• 23:13
  little bit. But yeah, I agree.
• 23:14
  Abu Dhabi's a good well. What's that?
• 23:17
  Dubai, Dubai, United Arab Emirates, Saudi Arabia.
• 23:22
  That's probably the best guess. Guys, we have no clue.
• 23:27
  I think I lost Nico. OK, interesting.
• 23:35
  All right, All right. Here.
• 23:36
  I'll, I'll, I'll keep it going and hopefully we get Nico back.
• 23:39
  He might need to message me so I can handle some of the stuff
• 23:43
  we're talking about. All right, guys, issues here.
• 23:45
  Are you back? It looks like you might be back.
• 23:47
  I'm back. I am back.
• 23:48
  I apologize. I was just going to do the let's
• 23:51
  let's transition. But but, but, but yeah, I mean,
• 23:55
  the last part I was saying is he was in Abu Dhabi for Bitcoin
• 24:00
  Mina. And do I think it's a
• 24:05
  coincidence that he's saying that a country is, you know,
• 24:08
  buying Bitcoin? And we know that these countries
• 24:11
  have a tremendous amount of capital.
• 24:13
  They have a lot of they have tons of liquidity and a lot of
• 24:17
  expats actually that leave Europe.
• 24:20
  They don't want to pay taxes. Dubai has no income tax, right?
• 24:24
  So they, they kind of leave there.
• 24:25
  So there's a giant, it's, I don't want to, I don't, I
• 24:28
  wouldn't say it's a Bitcoin community, but there's a lot of,
• 24:31
  there's a, there's a giant crypto community in Dubai.
• 24:34
  I know there are some Bitcoiners in Dubai as well because of the,
• 24:38
  the, the tax regulation. So I agree with you, Opti.
• 24:41
  I, I think it might be the United Arab Emirates.
• 24:44
  I I would not be surprised if that was the country.
• 24:47
  You know someone in this? Yeah, someone in the chats in
• 24:49
  Singapore. But why you why they said that?
• 24:52
  I was thinking it's most likely someone in the Middle East, like
• 24:58
  someone with a monarchy where someone has complete control to
• 25:01
  do whatever they want. That makes the most sense to me.
• 25:04
  Yeah. And they're just like, we're
• 25:05
  smash buying like. That sounds the most that that.
• 25:08
  Sounds the most likely to me. Yeah, yeah, it could be also
• 25:12
  Liechtenstein, like someone said Liechtenstein in the chat.
• 25:15
  I don't know if it's Liechtenstein, I think it's.
• 25:17
  Do you have enough money? Yeah, I think there's like one
• 25:20
  of the wealthiest countries in the world, I think by by per
• 25:23
  capita. Anyways, ladies and gentlemen,
• 25:26
  it's gonna be incredible show we still have tons to cover.
• 25:29
  We literally have a video of Brian Armstrong calling for
• 25:35
  calling for $1 million by 2030. The reason that this is such a
• 25:41
  big deal is he is the CEO of Coinbase and Coinbase is in the
• 25:46
  Fortune 500. It is the largest Bitcoin and
• 25:50
  crypto exchange in the world. As Bitcoiners, obviously we're
• 25:53
  not a big fan of it. We see it a little bit as an
• 25:56
  altcoin casino, just a tap just a little bit.
• 26:00
  But you know, he is calling Bitcoin.
• 26:03
  He's calling $1 million Bitcoin by 20-30, which aligns with
• 26:07
  Caitlin Long's predictions as well.
• 26:09
  And then also we're going to be talking about a post that Tur de
• 26:14
  Meester was talking about, I believe it was yesterday.
• 26:20
  And there is some some things that people are noticing that
• 26:25
  actually Opti and I have been noticing for quite a while now.
• 26:30
  And we're going to be talking about essentially the kind of
• 26:34
  the politics of a lot of this. And I know that is a word that
• 26:39
  is not popular with a lot of Bitcoiners, but the reality is
• 26:42
  that the the midterms are coming up in 2026 and as we saw with
• 26:48
  the previous election, elections have consequences like the if
• 26:53
  the the other party won the last election, Ross would not be
• 26:58
  free. Operation Choke .2 point O would
• 27:01
  have multiplied by a factor of 5.
• 27:04
  Self custody would have been under attack.
• 27:06
  The mining industry would have been under attack.
• 27:09
  They probably would have arrested more members of the
• 27:13
  industry, even though the bankers, you know, they do the
• 27:16
  same thing and they don't get arrested.
• 27:18
  They just get a slap on the wrist, right?
• 27:20
  So yes, elections have consequences.
• 27:23
  And now that we're heading into the midterms in 2026, I think
• 27:27
  it's incredibly important to kind of highlight this, to talk
• 27:31
  about this, to move the Overton window to talk, you know, to
• 27:34
  have these types of discussions so that you guys are on top of
• 27:37
  it. And what I want you guys to
• 27:39
  internalize is it's not red versus blue, it's not right
• 27:43
  versus left. You have to put Bitcoin over
• 27:45
  party. I've seen some people in the
• 27:47
  comments say, no, Nico, you can't say that.
• 27:50
  You know, it's not as simple as that.
• 27:51
  And I would say yes, it is as simple as that because if you
• 27:54
  fix the money, you fix the world.
• 27:56
  A lot of the economic woes that people are feeling right now is
• 28:00
  due to broken money. I would say a lot of the
• 28:02
  instability the world is going through right now is due to
• 28:05
  broken money. I would say a lot of the endless
• 28:08
  wars that people that we've experienced experience as the
• 28:12
  human race over the last century is due to the endless money
• 28:15
  supply, the the money printing, so to speak.
• 28:18
  So yes, you it, it really is as simple as fix the money, fix the
• 28:22
  world. The way that you move that
• 28:25
  forward faster and faster is by electing pro Bitcoin, anti CBDC
• 28:31
  candidates. That's the way that you do it,
• 28:33
  ladies and gentlemen. And I know that we all want to
• 28:35
  live in the world of the sovereign individual where
• 28:37
  politics don't matter. And I think eventually we will
• 28:41
  get to that type of world, but we're not there yet.
• 28:43
  We're in this kind of like transitionary period.
• 28:46
  And then of course, Opti has some things lined up for you
• 28:49
  guys during the culture segment. And because we missed the
• 28:54
  giveaways the last two days, you guys are going to want to stay
• 28:57
  tuned till the end of the show where we will be giving away
• 29:01
  some free Satoshi's three times to make up for the last two days
• 29:05
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• 29:09
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• 30:43
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  At the time of recording, the Bitcoin price is $112,180 Block
• 32:36
  height 9 111,055 sats per dollar 891 sats per dollar Market cap
• 32:44
  2.23 trillion Bitcoin versus gold market cap 9.49% Decline
• 32:50
  from all time high -9.8% Bitcoins almost at a 10%
• 32:56
  discount. Realize monetary inflation .84%.
• 33:00
  In the grand scheme of things, we are just getting started
• 33:05
  anyways. Brian Armstrong.
• 33:07
  Who who? Brian Armstrong, who kind of
• 33:10
  looks like Lex Luthor, the CEO of of Coinbase.
• 33:15
  I saw the new Superman movie. It's pretty dope.
• 33:17
  It's pretty good. Yeah, it was pretty cool.
• 33:20
  It was, it was like old school Superman anyway, so Brian
• 33:24
  Armstrong did a podcast with I, I don't know who the, the the
• 33:29
  content creator is, but incredible shot.
• 33:31
  I mean, like, look, it looks like they're like in a bar.
• 33:33
  There's like a Guinness, but it is a very cool kind of format.
• 33:37
  The production quality was fantastic.
• 33:39
  It was fabulous. And you know, he had a
• 33:43
  prediction, which is really interesting because he is the
• 33:47
  CEO of a publicly traded company and he had some thoughts about
• 33:53
  where he thinks the price of Bitcoin is going to be by 20-30.
• 33:57
  Let's check out the clip. The rough idea I have in my head
• 33:59
  is like, we'll see $1,000,000 Bitcoin by 2030, and there's
• 34:02
  high error bars around these things.
• 34:04
  But, you know, just to give you a couple of data points, right,
• 34:07
  it's like we're starting to see regulatory clarity emerge in the
• 34:10
  United States, which I think is a bellwether for the rest of the
• 34:13
  G20. You have the Genius Act passed
• 34:15
  now for stable coins, but this market structure bill is being
• 34:17
  debated in the Senate. Fingers crossed something could
• 34:20
  happen by the end of this year. That would be a huge milestone.
• 34:23
  the United States government now has a strategic Bitcoin reserve.
• 34:25
  So that is if you'd asked me five years ago, that would have
• 34:28
  been kind of like vision board and someone would have said
• 34:30
  you're crazy, like the United States government's not going to
• 34:32
  officially hold Bitcoin. But if, you know, if they do
• 34:35
  that, which there's not an executive order to do, I think a
• 34:38
  bunch of other countries are going to do that.
• 34:40
  We've So let's talk about that for a second because he did bury
• 34:46
  the lead there so that there's a lot of regulatory clarity and
• 34:52
  we've been talking about this like that's you guys were a lot
• 34:55
  of us people, a lot of people are giving us heat for it.
• 34:58
  When we were celebrating the beginning of the year, Opti and
• 35:01
  I were like on cloud 9. We had like 1000 something
• 35:05
  people like watching us live. It was crazy Bitcoin prices
• 35:09
  literally where it was 8 months ago, but me and Opti were so
• 35:15
  happy because President Trump's executive order and it was
• 35:20
  basically saying, listen, we're going to set up a strategic
• 35:22
  Bitcoin reserve. We're going to end operation
• 35:25
  Choke .2 point O. We're not going to allow central
• 35:28
  bank digital currencies. You know, obviously, you know,
• 35:32
  eight months later we got the genius Act, which is great for
• 35:37
  the dollar. We haven't had any, you know, I
• 35:41
  would say incredible pro Bitcoin bills.
• 35:45
  We did get the Clarity Act and I believe we got the Anti CBDC
• 35:50
  Act, but I don't know if that's going to pass the Senate.
• 35:52
  But, you know, some, some, some clarification when it comes to
• 35:59
  regulation and the United States leads the way and it's just
• 36:03
  market forces. If the United States has a
• 36:05
  thriving Bitcoin industry, other countries are going to want a
• 36:11
  piece of that pie, right? That's just the reality.
• 36:13
  This is just how market forces work.
• 36:15
  And that's the logic behind Brian Armstrong making the
• 36:19
  prediction as to why he believes Bitcoin has a chance of reaching
• 36:24
  $1 million by 2030. And this aligns with Kayla
• 36:30
  Long's prediction. Kayla Long, I think her
• 36:32
  prediction is $1.5 million, her base case by 2030.
• 36:37
  Now after literally the trench warfare of this year in terms of
• 36:43
  bitcoins price action and eight months of it being all quiet on
• 36:48
  the Western Front, it's very difficult to believe that
• 36:52
  Bitcoin is even going to go up ever again.
• 36:56
  It acts like a stable coin at this point.
• 36:59
  Like 8 months of this thing going effing sideways bro.
• 37:03
  Like, I mean, it's just kind of boring, you know, specifically
• 37:07
  if you're used to the previous Bitcoin bull markets, man, we're
• 37:11
  like, we would have twenty 3040% moves to the upside now.
• 37:17
  Like bitcoins become this stable coin.
• 37:20
  It reaches all time high and then it goes down.
• 37:23
  It's like, OK, we hit 122 K back down to 115, we reach 125K back
• 37:31
  down to 116. Like if that's going to be the
• 37:34
  case, you know, moving forward in terms of Bitcoins price
• 37:38
  appreciation, like the days of the parabola are gone.
• 37:41
  Like that's fantastic for our business because it provides
• 37:45
  stability. But you know, like me and Opti
• 37:49
  at the end of the day, like we're, we're price action
• 37:51
  junkies. We come from the class of 2017.
• 37:54
  We've been chasing the dragon ever since.
• 37:56
  We haven't been able to get that dopamine hit since then, man.
• 38:00
  So I don't know, I asked you guys in a poll about two or
• 38:04
  three days ago, I said, do you think that there will be any
• 38:08
  ever again, any Bitcoin parabolas, 80% of you guys.
• 38:13
  And it was like like 700 people voted.
• 38:15
  It was a lot of people that voted in that poll, 700 people
• 38:20
  voted, 80% of you guys voted that yes, there will be Bitcoin
• 38:23
  parabolas. My response to that is when,
• 38:26
  bro, what is this Bitcoin parabola coming?
• 38:29
  Because I haven't seen it yet, dude, where has it been?
• 38:32
  I haven't seen it. Listen, all of Trump's promises
• 38:35
  as it relates to our industry. I'm not going to get into
• 38:37
  politics and trigger Opti, but all of Trump's, all of Trump's
• 38:42
  promises as it comes to the Bitcoin industry, they've come
• 38:45
  through like he's done a fantastic job.
• 38:48
  I'm a big fan, right? However, he did promise us
• 38:53
  number go up. He said we were going to get
• 38:55
  where we were going to go to the moon and we were going to get
• 38:57
  tired of winning. 109,000 to 112,000 doesn't feel like
• 39:03
  winning. So we need the pump, we need the
• 39:05
  pump, we need the pump, we need the pump or or or, you know,
• 39:08
  Ruston. Like what?
• 39:09
  What do you think is going to happen to Ruston if it doesn't
• 39:12
  pump? You know, what do you think is
• 39:15
  going to happen to Opti, right? Look, look at where I'm at right
• 39:18
  now. Mentally, psychologically, we
• 39:20
  need that pump. We need that pump.
• 39:22
  When's the pump coming, Opti? When's the pump coming, Opti?
• 39:25
  Well, I I don't know, man. You know, I can claim that I am
• 39:30
  the source and it's going to pump the end of the year, but I
• 39:32
  really don't know. You know, I'm, I'm, I'm watching
• 39:34
  the price just like everyone else.
• 39:35
  But you know, Nico, I do want to say, you know, I am wearing a
• 39:38
  Red Hat today, but it's a beef. It's a, you know, beef steak
• 39:41
  hat. So, you know, maybe I'm trolling
• 39:44
  you on today's show, but yeah, that's, that's where I'm at
• 39:47
  right now. But on actually there was a good
• 39:51
  comment here on Rumble and this is exactly what my thoughts were
• 39:56
  really connected connecting the clip of Brian Armstrong with
• 39:58
  what we heard Eric Trump say AI bitboy goes.
• 40:02
  I suppose that Armstrong's guess would be good given how much
• 40:05
  Coinbase controls. I wasn't going to go so much be
• 40:09
  on on that angle of how much coin Coinbase has, how much
• 40:13
  Bitcoin Coinbase actually holds in the, you know, the prime
• 40:16
  Coinbase accounts, etcetera, etcetera.
• 40:18
  I was gonna take more the angle of we have two kind of data
• 40:22
  points right now. We have the president's son
• 40:25
  saying, we know, I know personally of a country stacking
• 40:28
  200K Bitcoin could be more than one conversation.
• 40:32
  And then we have Brian Armstrong essentially saying, I think, you
• 40:37
  know, the first part was what Nico was saying, the regulatory
• 40:39
  clarity, the US kind of embracing Bitcoin, that's going
• 40:43
  to clear the road for a lot more capital coming to Bitcoin.
• 40:46
  But he did mention at the end of the clip, once we see other
• 40:50
  countries starting to buy Bitcoin, then the game theory
• 40:54
  really starts to play out. And then hearing that based on
• 40:57
  the conversation we we heard or the clip in the beginning, it
• 41:00
  really kind of makes me think of him.
• 41:02
  You know, what do you always say, Nico bearing the lead here?
• 41:05
  It really makes me think that he might be aware of countries
• 41:09
  already buying Bitcoin. And these are just the bread
• 41:12
  crumbs that they're like, it's, it's going to happen.
• 41:13
  Trust me. Like, you know, trust me, bro,
• 41:15
  he is, trust me, broing us here. But I think it's very safe to
• 41:19
  say that there are countries out there buying Bitcoin right now.
• 41:23
  And until it's fully exposed, until you know, whether they
• 41:26
  need to get their position or they want to keep it as quiet as
• 41:29
  possible for as long as possible.
• 41:31
  I think once this really does kind of get out there that there
• 41:35
  are countries currently acquiring Bitcoin now, whether
• 41:38
  that's, you know, Western democracies or Middle East
• 41:42
  monarchies, someone is buying Bitcoin and maybe they're doing
• 41:46
  it in a very sly way so that that doesn't really affect the
• 41:49
  price. You know, if I was trying to buy
• 41:51
  200,000 plus coins right now, I wouldn't be buying it on the
• 41:54
  open market. I'll tell you that much.
• 41:55
  I don't have 20 billion sitting on the sidelines to try to buy
• 41:58
  Bitcoin. But if I were in that those
• 42:01
  shoes, I would definitely be tapping into coin bases over
• 42:06
  over the counter trading and stuff like that's where you
• 42:09
  would see this, this volume come into the market.
• 42:13
  And again, just kind of putting my tinfoil hat on here, it does
• 42:17
  seem like they do know someone is acquiring Bitcoin right now.
• 42:21
  And until that really kind of gets out there, I think it's
• 42:25
  very safe to say that this is happening.
• 42:27
  And the 2030 date is a date we've been hearing for a long
• 42:31
  time. We've heard the World Economic
• 42:33
  Forum kind of talk about that date for, for years now.
• 42:37
  And a lot of Bitcoiners have been kind of saying the same
• 42:39
  thing, that the 2030 date is an inflection point here.
• 42:43
  Whether that is, you know, total dystopian kind of crackdown,
• 42:47
  surveillance crackdown by then in five years or whether it is
• 42:52
  escape velocity on Bitcoin, that is the date that everyone is
• 42:56
  kind of shooting towards. In the next 5 years, things are
• 42:58
  going to be incredibly different than we are right now.
• 43:01
  And I think 2030 is kind of a good, good date, not just
• 43:05
  because they're talking about it, but it is moving into the
• 43:08
  next decade. And we all know how quickly
• 43:10
  things are moving in the Internet age.
• 43:12
  And I think by the next five years, we're going to look back
• 43:14
  and be like, yeah, it was very obvious that countries were
• 43:18
  stacking Bitcoin. It's very obvious that the pivot
• 43:21
  from the old system into, you know, the new system quote, UN
• 43:25
  quote, which is Bitcoin based. It was very obvious.
• 43:28
  And I've been saying this for a while.
• 43:30
  The, the projection and the telegraphing that we're getting
• 43:32
  from all of these institutions is just so obvious.
• 43:35
  But again, I know I'm biased. I, I'm a bitcoiner, I read into
• 43:39
  stuff and I, I can't help myself but take a bullish angle on this
• 43:44
  stuff. And so I think it's very safe to
• 43:46
  say there are countries out there buying and 2030 might be
• 43:49
  the year that, you know, we do see some incredible movement.
• 43:53
  So Nico, you asked do we have parabolic runs left in us?
• 43:57
  As I said yesterday, my, my cynical take was, if 80% of the
• 44:01
  market thinks there is parabolic runs, then Pareto principle
• 44:05
  it's, we're not going to see them anymore.
• 44:07
  But that's me trolling. I, I really do think that from
• 44:11
  here to 2030, a parabolic run is, is going to happen.
• 44:15
  I, I think what's that a 10X from here?
• 44:17
  We saw Bitcoin do a 10X from the last five years.
• 44:20
  Like I don't think that like it sounds crazy now because it's
• 44:23
  bigger numbers, but I don't think that's like out of the
• 44:25
  realm of possibility. I'm honestly leaning towards
• 44:28
  that is what's going to happen. Yeah, I think it's a really,
• 44:32
  really good, really, really good analysis, Opti.
• 44:35
  I agree with you, dude. And yeah, man, it's, it's, it's
• 44:39
  interesting, dude. Like I'm going to keep repeating
• 44:42
  myself until this changes. This has been a fantastic year
• 44:46
  for news. It's been, it's it's been, it's
• 44:50
  made opti opti opti and I's job incredibly easy to, to, to
• 44:57
  cover, to cover the news. We always have source material,
• 45:02
  but in terms of price action, dude, like that's the only
• 45:05
  missing component. Like what it what's going on?
• 45:08
  Like is it paper Bitcoin summer? Is it the treasury companies are
• 45:12
  getting all the attention? Is it the ETFSI stall?
• 45:16
  I saw the CEO of upstream Data, Steve Barber, he's basically
• 45:21
  saying he's like, dude, I can't wait for all this paper Bitcoin
• 45:24
  to blow up so the price starts pumping again, you know, and I
• 45:28
  think a lot of us are are feeling that way a little bit.
• 45:31
  Anyways, if you guys are enjoying today's show, we really
• 45:33
  need your help smash that like button.
• 45:35
  We're at 150 likes. Help us break 250 likes by the
• 45:41
  time the show ends. If you guys want to support the
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  show, it really, really helps with the algos and pushing this
• 45:48
  message forward. We still have a ton of content
• 45:51
  to cover. We still have an amazing show.
• 45:54
  And at the very end, we're going to be giving away some sats.
• 45:58
  In fact, we're going to be giving away sats 3 times to make
• 46:01
  up for the last two days that we didn't give away sats.
• 46:04
  And these SAT giveaways are going to come from our boys over
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  Stay sovereign my friends. Anyways, before we get into
• 48:39
  today's discussion, we're going to be talking about a post Biter
• 48:43
  Demister. I'm going to lay out these three
• 48:47
  points. First, Bitcoin is not inherently
• 48:51
  political. Bitcoin is just a tool.
• 48:53
  It's a technology. It doesn't care who you are.
• 48:56
  Anyone could use it. It doesn't.
• 48:58
  You know it, it functions for everybody, right?
• 49:02
  So that's the first thing I'm going to say.
• 49:03
  Bitcoin's not political. It's a it's an apolitical tool.
• 49:08
  Anyone can use. However, the consequences of a
• 49:13
  world adopting a Bitcoin standard is extremely political,
• 49:19
  so two of those things could be true at the same time.
• 49:22
  Is Bitcoin itself political? No, Bitcoin being political
• 49:26
  would infer that, oh, you're, you're a right leaning person,
• 49:32
  great, you could use Bitcoin. You're left-leaning Bitcoin.
• 49:35
  Great. You can't use Bitcoin or you
• 49:37
  can't use Bitcoin. Bitcoin doesn't care what, where
• 49:40
  what side you lean, right? Anyone can use Bitcoin.
• 49:43
  It doesn't matter where you're from.
• 49:45
  It doesn't matter. You know what you what you
• 49:47
  believe in. It doesn't matter.
• 49:49
  Anyone could use Bitcoin. Now the next thing that I'll say
• 49:53
  is Bitcoin is for anyone. It isn't for everyone right very
• 49:58
  big distinction there. What does that mean That means
• 50:01
  that anyone could adopt Bitcoin, but Bitcoin isn't for everyone.
• 50:05
  Some people choose not to use Bitcoin.
• 50:07
  Been walking around Madrid. I'm going to be here in the be
• 50:11
  here in the next couple weeks and we were walking around my
• 50:15
  wife and I and that we were going and they have these little
• 50:19
  these little stores on the side of the street and we saw one
• 50:22
  place that accepted Bitcoin. It was an ice cream shop.
• 50:24
  It was delicious. Everywhere else didn't accept
• 50:28
  bitcoins right it. Was.
• 50:30
  Delicious. I got AI got a Dubai chocolate.
• 50:33
  It was it was like chocolate with pistachios in it.
• 50:36
  It was it was incredibly. It was it was scrumptious.
• 50:38
  It was it was very, very good. I highly recommend.
• 50:42
  Next thing I'll say is this is where I'm going to connect it
• 50:47
  with what I said with point #1 where Bitcoin protects the
• 50:52
  individual versus the collective, right?
• 50:55
  What does that mean? It moves the balance of power.
• 50:59
  If you memorize A12 word seed phrase, you can theoretically
• 51:04
  store 1,000,000 billions, trillions of dollars in your
• 51:08
  mind and you could walk anywhere you want, fly anywhere you want,
• 51:16
  take a boat anywhere you want, and you can literally take your
• 51:20
  wealth with you in your mind. Nothing else gives you that type
• 51:25
  of power, nothing on planet Earth.
• 51:28
  If you cross a border and the country that you're fleeing is
• 51:34
  in a sticky situation, it's unstable.
• 51:37
  There's a political mayhem, there's political upheaval.
• 51:41
  The first things they do at the border is seize everything you
• 51:46
  have before you leave. So there's stories of people
• 51:50
  hiding gold or trying to hide cash.
• 51:54
  There's only so much gold you can carry on your person.
• 51:56
  There's only so much cash you can carry on your person.
• 52:01
  How are they going to check what's on your mind?
• 52:03
  Right? And again, if, if you don't
• 52:06
  trust your memory, you can write, write down the words on a
• 52:09
  tiny little microscopic piece of paper.
• 52:12
  You know it. Again, what I'm trying to say is
• 52:16
  this protects the individual because now they can vote with
• 52:19
  their feet. They're not jurisdiction,
• 52:23
  they're not trapped in their jurisdiction, right?
• 52:26
  And this is the whole thesis behind the sovereign individual,
• 52:28
  by the way, that now that we live in the Internet age, people
• 52:33
  are going to be able to consume any type of information they
• 52:36
  would like and they're going to be able to use the money that
• 52:40
  they would like. Now, the, the issue is that
• 52:45
  coming from the old world, how the and it was a world of
• 52:50
  control, right? That world of control, it
• 52:55
  doesn't, it doesn't mix well with this new world.
• 52:58
  And we saw a glimpse of that with the censorship that was
• 53:03
  happening over the last five years or so.
• 53:08
  It changed when Elon freed the bird and he bought X and
• 53:12
  everything was basically exposed that essentially X was back then
• 53:18
  it was called Twitter was censoring the speech of
• 53:22
  Americans on behalf of requests from the government, even though
• 53:27
  that is completely against the 1st Amendment.
• 53:31
  You know, we, we as American citizens are, are we have the
• 53:34
  1st Amendment, which protects our ability to speak freely,
• 53:38
  speak our minds. As long as it doesn't, you know,
• 53:41
  you know, as, as as long as it doesn't hurt another person
• 53:44
  physically, you're not calling, you know, you're not calling
• 53:47
  action to violence, but you are able to speak your opinion about
• 53:52
  political matters. That is protected.
• 53:55
  That is literally the 1st Amendment.
• 53:56
  And the founding fathers made it that way.
• 53:58
  And other countries have similar, not as strong, but they
• 54:02
  have some similar type of protections as well.
• 54:04
  Some countries don't have it. But the whole point that I'm
• 54:07
  trying to make is that look at how much they push back when
• 54:13
  people were able to speak freely on the Internet.
• 54:18
  Because before the Internet, the way that information worked was
• 54:22
  that there was a handful of newspapers, a handful of media
• 54:26
  outlets, there was a handful of TV stations.
• 54:31
  And I don't know if you guys have ever seen that video.
• 54:34
  And it's like a montage of there's all this disinformation
• 54:38
  going on online and it could be a threat to society.
• 54:41
  And it's like literally like 50 news channels and their verbatim
• 54:45
  reading off a script saying the exact same thing, right?
• 54:49
  So because there was only a handful of newspapers, because
• 54:54
  there was only a handful of TV stations, it was very easy to Co
• 54:58
  opt the narrative. But now where there's millions
• 55:01
  upon millions of people communicating directly
• 55:05
  peer-to-peer you, it's, it's very difficult to control the
• 55:11
  narrative anymore. And all of a sudden what
• 55:14
  happened in this phenomenon really happened the last 10
• 55:17
  years ago, 10:10 or so years is people are no longer trusting
• 55:23
  the man on TV in the suit. They're now trusting independent
• 55:27
  content creators. The most popular content creator
• 55:30
  on the on the planet is Joe Rogan.
• 55:34
  And why is he the most popular planet on the why is he the most
• 55:37
  popular, you know, broadcaster on the planet?
• 55:39
  Because they don't they see CNN. If you are still watching CNN,
• 55:44
  you live in a different world. Well, one of the first things
• 55:47
  that I did when I, when I, when I got to the hotel, you know,
• 55:49
  you like turn something, you like turn the TV on, you know,
• 55:52
  like just to have something on the background.
• 55:53
  It's like CNN International. And I'm just like watching, like
• 55:57
  watching what they're saying on the TV.
• 55:58
  And I'm like, holy cow. Like if you're watching this,
• 56:01
  your interpretation of reality is completely different, right?
• 56:05
  If you get your news from CNN versus getting your news on X or
• 56:10
  getting your news off independent content creators and
• 56:12
  thinking critically and making your own opinion, you live in
• 56:15
  completely different realities, right?
• 56:17
  So why am I bringing this up? So that was the distance
• 56:21
  remediation of information and money.
• 56:23
  We are now heading into, I'm sorry, the disintermediation of
• 56:27
  the state and the the disintermediation of information
• 56:31
  in the state. We are now heading into the
• 56:34
  disintermediation of money and state.
• 56:38
  And that is just in its first inklings that is in the in the
• 56:42
  first innings of that process, right?
• 56:46
  And we saw that with Operation choke .2 point O Operation Choke
• 56:50
  .2 point O was something very similar to what they did when
• 56:55
  mass skill communication started happening.
• 56:58
  What did they do? They started clamping down.
• 57:00
  They started censoring. I remember they deplatformed an
• 57:03
  entire platform called Parlor. Do you guys remember that?
• 57:06
  They just took it off the App Store, right?
• 57:09
  What did they try to do with self custodial Bitcoin wallets
• 57:12
  the other day? What did they try to do?
• 57:14
  They try to take them off the App Store, Right?
• 57:16
  It's almost as if history is repeating itself.
• 57:19
  The last thing I'll say before I get into the tweet by Turda
• 57:22
  Meester is this is what I want to get through your guys's
• 57:25
  heads. OK, Bitcoin over party, all
• 57:29
  right? It doesn't.
• 57:31
  I don't care whether you vote right or whether you vote left.
• 57:34
  It does not. I don't care.
• 57:35
  It doesn't bother me. I don't care whether you vote
• 57:37
  for the red team or the blue team.
• 57:40
  That doesn't bother me. But as a Bitcoiner, if you truly
• 57:45
  believe in Bitcoin and you truly understand how much Bitcoin is
• 57:51
  going to fix the world, because money plays such a critical
• 57:55
  world, a role in society, people forget how critical it is.
• 58:01
  People are suffering from the catastrophic effects of
• 58:05
  unchecked money printing by their own governments.
• 58:09
  Bitcoin fixes this. If you've been living on a
• 58:12
  Bitcoin standard, you are not having a housing affordability
• 58:18
  crisis. If you've been living on a
• 58:20
  Bitcoin standard, things have not been getting more expensive.
• 58:23
  They've been getting cheaper for you, right?
• 58:26
  So imagine if the entire world was on a Bitcoin standard.
• 58:31
  The world would probably be a much happier place.
• 58:35
  People would probably be not so upset.
• 58:39
  People would actually have the ability to save for the future.
• 58:43
  And they would have, they would restore some of that dignity
• 58:47
  back because that's what that's what Fiat money takes away from
• 58:50
  people. It takes away hope.
• 58:52
  It takes away dignity, right? Bitcoin gives that back.
• 58:56
  So anyways, all that being said, remember Bitcoin over party vote
• 59:02
  for candidates now that we're heading into the midterms next
• 59:06
  year that are pro Bitcoin, anti CBDCACBDC is a continuation of
• 59:13
  the Fiat system on steroids. It doesn't matter whether they
• 59:17
  lean right or whether they lean left.
• 59:20
  That being said, what is happening is a very interesting
• 59:23
  phenomenon since this gentleman was elected president again,
• 59:28
  President Trump. Now what's starting to happen is
• 59:32
  people are associating Bitcoin and crypto with Trump, with the
• 59:38
  right wing, even though, as I said, Bitcoin itself is a
• 59:43
  political. If you're an activist in a
• 59:46
  country that is war-torn, Bitcoin is for you.
• 59:51
  There's stories that I've heard of women in Afghanistan that are
• 59:55
  not able to open bank accounts legally.
• 59:59
  Can you imagine that? If he can't open a bank account,
• 1:00:02
  And there's many such cases, by the way, of people that can't
• 1:00:04
  open bank account. That's the whole reason that El
• 1:00:07
  Zante started in El Salvador, because people couldn't open
• 1:00:10
  bank accounts, right? Because it was too expensive to
• 1:00:13
  use MasterCard and Visa. That's why Bitcoin took off
• 1:00:16
  there out of necessity, right? So assign Bitcoin to a certain
• 1:00:23
  political side is absurd. It's it's stupid, it's not true,
• 1:00:28
  But that doesn't mean that the world's under a Bitcoin standard
• 1:00:34
  isn't going to have political ramifications when that world
• 1:00:38
  comes comes into play. So anyways, with all that
• 1:00:42
  context being said, it leads me to this post by Tertemiser that
• 1:00:47
  I found quite interesting. Tertemiser is an OG, he's been
• 1:00:50
  in the industry for a long time and he posted this I believe it
• 1:00:55
  was yesterday and Opti said he started noticing this as well.
• 1:00:59
  I've been noticing this as well, and he said I'm probably slow to
• 1:01:03
  notice, but Bitcoin is now widely associated with right
• 1:01:07
  wing populism. As the political divide deepens,
• 1:01:10
  that means that enemies of the populist right will feel
• 1:01:14
  increasingly justified in cracking down on Hodling and
• 1:01:18
  other Bitcoin related activities.
• 1:01:20
  What I will say about this though, is that we did not start
• 1:01:26
  this effing fight, bro. We didn't start this fight.
• 1:01:29
  Bitcoiners didn't give a flying F about politics.
• 1:01:32
  We didn't care. We had no interest in politics
• 1:01:36
  at all. Do you, do you guys, do you guys
• 1:01:37
  remember Optigate? Do you guys remember Optigate
• 1:01:40
  when Opti said Trump derangement said never and I lost it.
• 1:01:43
  And I said Opti like don't say that.
• 1:01:46
  We have to be inclusive in our messaging.
• 1:01:48
  This is an apolitical show. And then I lost it when the
• 1:01:52
  previous administration that happens to be on the that
• 1:01:55
  happens to be on the left went after our industry.
• 1:01:59
  They went after the mining industry, they went after
• 1:02:03
  Bitcoin software developers, the Tornado Cash developers, the
• 1:02:07
  samurai wallet developers. They arrested Arthur Hayes, they
• 1:02:10
  arrested CZ. You know, they didn't free Ross.
• 1:02:13
  Like they attack self custody like all these things, like they
• 1:02:19
  denied custodia banks, federal banking charter, like all these
• 1:02:23
  things that the previous administration did.
• 1:02:25
  They, it galvanized our industry.
• 1:02:28
  It forced us to throw our political hat in the ring like
• 1:02:32
  and and and and President Trump saw that as an opportunity to
• 1:02:36
  get votes like all politicians do.
• 1:02:40
  And now all of a sudden, Bitcoiners have a voice in
• 1:02:44
  Washington, DC. We didn't start this fight.
• 1:02:47
  We didn't start this fight. To be clear, we did not start
• 1:02:50
  this fight. This fight was thrown on us.
• 1:02:52
  And I think once they store the, they stirred the hornet's nest.
• 1:02:57
  I think they realized what they did.
• 1:02:59
  And that's why at the end, you saw the like the messaging on
• 1:03:02
  Twitter, like Harris for Crypto and stuff like that, but we
• 1:03:06
  never saw any official lines from the Harris campaign.
• 1:03:10
  So me and Opti stuck to our guns.
• 1:03:12
  And we're just like, look, unless the Harris campaign goes
• 1:03:15
  out and says and, and you know, makes their policy clear about
• 1:03:20
  how they're gonna treat our industry, we're gonna vote for
• 1:03:23
  Trump or RFK. Obviously, because this previous
• 1:03:27
  administration, they've shown their cards, they've shown how
• 1:03:30
  they're, they, they're, they're gonna act with us.
• 1:03:32
  But anyways, here's some of the reactions, right?
• 1:03:36
  Francis Coppola says about a decade too slow.
• 1:03:39
  Joe Nakamoto says yeah, depending on your circles, it
• 1:03:42
  is. In the US, you can point to BTC
• 1:03:45
  Inc and David David Bailey going all in on republicanism.
• 1:03:49
  However, I think BTC being perceived as populist is perhaps
• 1:03:52
  easier to swallow for the mainstream than being
• 1:03:55
  libertarian or NCAP. It's kind of a step forward.
• 1:03:58
  Jamison Lop This is exactly what I'm saying.
• 1:04:02
  The amusing thing is that liberals brought it on
• 1:04:04
  themselves by deciding to crush the industry.
• 1:04:08
  Thus the industry decided to go hard supporting conservatives.
• 1:04:11
  Like yes, that that's what happened.
• 1:04:14
  I don't think did you do you see Bitcoin?
• 1:04:16
  Let me ask you something. And when you see Opti, do you
• 1:04:19
  see him as a conservative, right?
• 1:04:22
  And then when you see me, do you see me as a conservative, right?
• 1:04:26
  Yeah. I would say we fall into kind of
• 1:04:28
  the libertarian camp, right, If anything, right?
• 1:04:32
  We were forced to this. This was forced upon us, Peter
• 1:04:36
  St. Launch says.
• 1:04:36
  Unfortunately, anything that doesn't further the progressive
• 1:04:39
  revolution gets coded as a reactionary thread, a threat.
• 1:04:44
  It's sad, but I'm not sure there was any way to avoid it.
• 1:04:48
  And this is goes back to my point, point #1 where I said
• 1:04:53
  Bitcoin is not political, but I said that if the world adopts a
• 1:04:57
  Bitcoin standard, its ramifications are extremely
• 1:05:01
  political. And then that leads me to my
• 1:05:05
  final kind of analysis on this. I've been ranting for quite a
• 1:05:08
  while, but I put a lot of thought into this this morning.
• 1:05:11
  So when people ask, is Bitcoin political, the answer is
• 1:05:14
  obviously complicated. It doesn't wear a party label,
• 1:05:17
  but if you look closely, the values it represents line up
• 1:05:21
  with some very old ideas that many people would call
• 1:05:26
  conservative. They think about They think
• 1:05:28
  about money itself. For most of history, sound money
• 1:05:32
  meant something scarce, something that you couldn't just
• 1:05:35
  create out of thin air. Gold worked for centuries
• 1:05:38
  because it was hard to inflate. Bitcoin revives that principle
• 1:05:42
  in the digital age. 21 million coins, no more, no less.
• 1:05:46
  That's discipline. That's constraint.
• 1:05:50
  Now compare that with the world that we live in now.
• 1:05:53
  Debt ceilings keep rising. Central banks print print
• 1:05:56
  trillions at will. Savers get punished while
• 1:05:59
  speculators get bailed out. Bitcoin flips that script.
• 1:06:03
  If you want to benefit, you need patience, responsibility, and
• 1:06:07
  long term thinking. In a way, it's a mirror
• 1:06:10
  reflecting back values like like thrift, like, yeah, like thrift,
• 1:06:15
  prudence and self-reliance. And there's something deeper
• 1:06:18
  here. Property rights.
• 1:06:20
  If you own Bitcoin, no government, no bank, no
• 1:06:24
  bureaucrat can take it from you without your consent.
• 1:06:28
  That's sovereignty in the truest sense.
• 1:06:30
  It empowers the individual, not the institution, And that shift
• 1:06:34
  from central control to personal responsibility has a very
• 1:06:39
  particular flavor to it. It also pushes back against the
• 1:06:44
  idea of endless redistribution. Governments quietly tax us all
• 1:06:48
  through inflation, moving wealth from savers to spenders, from
• 1:06:52
  workers to bureaucrats. Bitcoin resists that.
• 1:06:56
  It makes it harder to manipulate money for political goals, and
• 1:06:59
  whether you're on the left or the right, that's worth paying
• 1:07:02
  attention to. Finally, think generationally.
• 1:07:06
  Families want to build, preserve and pass down wealth.
• 1:07:10
  If you're looking for a tool that can last longer than a
• 1:07:13
  lifespan of any Fiat currency, Bitcoin is one of the strongest
• 1:07:17
  candidates we've ever had. It creates a bridge across time
• 1:07:21
  from one generation to the next. Like my good friend Nick Can't
• 1:07:25
  Mine, AKA Nick Kaufman says I don't stack Bitcoin for my first
• 1:07:29
  name, I stack Bitcoin for my last name.
• 1:07:32
  So is Bitcoin right wing? Maybe the better question is,
• 1:07:36
  does Bitcoin reward the same virtues that healthy societies
• 1:07:40
  have always depended on? Responsibility, restraint,
• 1:07:44
  ownership, legacy. I'll let you guys decide.
• 1:07:47
  Anyways, I'll end it with that. Opti, I want to get your
• 1:07:50
  thoughts, man, because this is a hot button issue.
• 1:07:53
  This is a hot topic, dude. Because at the end of the day,
• 1:07:58
  it's like Bitcoin itself is not a political technology, but the
• 1:08:03
  ramifications of a society on a Bitcoin standard are extremely
• 1:08:09
  political. It will be political.
• 1:08:11
  So Opti, I'll leave it up to you.
• 1:08:14
  Yeah, so great, great rant and everyone in the chat's like, I
• 1:08:17
  love what Nico rants. I am super glad that Tour de
• 1:08:21
  Meester has said this and and he even said it.
• 1:08:23
  It's like maybe I'm slow at noticing these patterns, but
• 1:08:27
  I've been covering this on the show for months now.
• 1:08:30
  And I, while you were ranting, I, I was trying to find a bunch
• 1:08:33
  of the different headlines that really kind of gave me the
• 1:08:37
  signal that this was coming down.
• 1:08:39
  And remember, I've said this on the show for a minute.
• 1:08:41
  I've done a whole cultures on this, that guys, you got to be
• 1:08:43
  very prepared for what's coming down the pipeline 'cause I, I
• 1:08:47
  can see this playing out. And, and there was a few points
• 1:08:49
  there that I think were the defining points.
• 1:08:52
  Obviously, you know, Trump speaking at the Nashville
• 1:08:54
  conference before he was president, talking about the
• 1:08:57
  strategic Bitcoin reserve. Of course, RFK, at the time, he
• 1:09:00
  was independent, but you know, then he joined the Trump
• 1:09:03
  administration. And then we see, we saw once the
• 1:09:08
  whole stuff was being announced at the strategic Bitcoin
• 1:09:10
  Reserve, it really started to get highlighted what was going
• 1:09:14
  on, on the media front. Like you can see that the media
• 1:09:17
  apparatus was kind of framing this as, oh, if you're a
• 1:09:21
  Bitcoiner, then of course you're, you know, a MAGA person.
• 1:09:25
  And I so again, I have some of these headlines here that I've
• 1:09:28
  been covering on the show for a while.
• 1:09:30
  Here's one from CNN. Trump's crypto conflicts keep
• 1:09:33
  piling up. He's not even trying to hide
• 1:09:34
  them. We were mentioning this, but you
• 1:09:36
  can you can see there's a spin here next, the political one,
• 1:09:40
  which was like the very glaring 1 forest fire corporate
• 1:09:43
  America's Bitcoin buying spree fuels concern.
• 1:09:46
  You can see exactly where they're where they're heading
• 1:09:49
  or, you know, Financial Times Trump Media Group plans to raise
• 1:09:52
  $3 billion to spend on crypto currencies.
• 1:09:56
  You've been seeing this play out for a while or this one from
• 1:09:59
  Rolling Stones. Crypto Bros celebrate themselves
• 1:10:01
  at Bitcoins most maggot convention yet.
• 1:10:04
  I believe it was quoted in that one.
• 1:10:06
  Where is this the one you were put?
• 1:10:07
  In I think so. I don't know maybe I'll I'll
• 1:10:09
  have to find I'll I'll look for it later 'cause I I got one more
• 1:10:13
  this one's on wired at Bitcoin 2025, Crypto puris and the MAGA
• 1:10:17
  faithful collide like guys. You can see this playing out for
• 1:10:20
  a long time that this was where it was going to go.
• 1:10:24
  And as much as I do believe Bitcoin is apolitical and it's
• 1:10:28
  for anyone you, you are starting to see that there, there are
• 1:10:31
  lines being drawn, not necessarily by Bitcoiners, but
• 1:10:34
  from people outside of Bitcoin and trying to frame Bitcoin in a
• 1:10:37
  certain way to scare away other people.
• 1:10:40
  In reality, what's what's the thing You always say, you know,
• 1:10:42
  Bitcoins, the most inclusive equitable money in the world.
• 1:10:46
  It's like Bitcoin is for anyone, anyone that wants to store their
• 1:10:49
  savings in Bitcoin, that's who it's for.
• 1:10:52
  Anyone that sees what's going on in the world and doesn't want to
• 1:10:55
  be a part of it. That's what bitcoins for people
• 1:10:57
  that don't want to continue to fund war.
• 1:11:00
  That's what bitcoins for people that simply just want to store
• 1:11:02
  their value. That's what people that want a
• 1:11:05
  better money that everyone needs money.
• 1:11:07
  This is what Bitcoin's for. But you are starting to see that
• 1:11:10
  there is a line being drawn and again, not by bitcoiners, but
• 1:11:13
  people outside of of Bitcoin making it or framing Bitcoin in
• 1:11:17
  such a way that you know, as I've been joking for a while
• 1:11:21
  that that is going to make us all look bad or not only look
• 1:11:24
  bad, but paint us as criminals here because we just want a
• 1:11:27
  money that doesn't get debased. And it is very interesting.
• 1:11:31
  Maybe it's because we do cover the news every every single day,
• 1:11:34
  Nico, that we are kind of ahead of this.
• 1:11:37
  But we've been saying this for months.
• 1:11:39
  I even maybe even like a year at this point that this was going
• 1:11:43
  to happen. And I'm glad that Tour de
• 1:11:45
  Meester is hitting on this. And it is very interesting that
• 1:11:48
  if you really do like read between the lines here, you can
• 1:11:51
  see this playing out very clearly that this is what's
• 1:11:54
  going to happen. They are going to paint Bitcoin
• 1:11:57
  as, you know, some right wing populist thing.
• 1:12:00
  And then they're going to try to clamp down on it.
• 1:12:04
  And look, this is this is the war that is ahead of us.
• 1:12:08
  This is why it is an information war.
• 1:12:10
  It's upon us to continue to maintain.
• 1:12:12
  Bitcoin is for anyone. Bitcoin is for enemies.
• 1:12:15
  We have to be willing to have people that we don't like use
• 1:12:18
  Bitcoin because hey, there's people that use the dollar that
• 1:12:21
  you don't like personally in your life.
• 1:12:23
  It's like this is just what happens with money.
• 1:12:26
  Money is by definition something that everyone uses.
• 1:12:30
  And so now we have a better money.
• 1:12:32
  Like we have to continue to combat this narrative that we
• 1:12:36
  are all, you know, alike. Like if anything, Bitcoiners are
• 1:12:40
  are drastically different. And we fight about it every
• 1:12:42
  single day. And so I have been seeing this
• 1:12:45
  play out for a long time, especially since Trump was at
• 1:12:49
  Nashville. And of course, ever since David
• 1:12:51
  Bailey came out, and of course he did the SPAC and a lot of the
• 1:12:55
  lobbying that he did was kind of pushing a lot of Republican
• 1:12:59
  candidates here. But there are Democrats that see
• 1:13:02
  what's going on. And it's always blown my mind
• 1:13:05
  that people on the left or Democrats, people that are
• 1:13:09
  progressive, don't see that this is the way for everyone to
• 1:13:13
  improve their lives. And, you know, shouts out to
• 1:13:16
  like Troy Cross and the progressive Bitcoiners because
• 1:13:18
  they've been trying to combat this for years.
• 1:13:20
  And look, it's just been falling on deaf ears because of who
• 1:13:24
  Bitcoiners are. Like Bitcoiners are very
• 1:13:26
  contrarian. We are very individual.
• 1:13:28
  You know, we are very, you know, what do you call it combative
• 1:13:33
  here? Like we, we like to fight here
• 1:13:36
  because we're, we, we are very ideological in the sense like
• 1:13:39
  we, we, we seek truth here. And you know, we try not to like
• 1:13:46
  just just fall into the make you feel good type narratives here.
• 1:13:50
  But I think these are the conversations that are going to
• 1:13:54
  be had in the next couple of years.
• 1:13:55
  And especially if Trump is able to do what he's been doing for
• 1:13:59
  Bitcoin, or rather, if Trump is able to do what he says he wants
• 1:14:03
  to do with Bitcoin, then I think these are only, these attacks
• 1:14:07
  are only going to ramp up. And, and look, I, I, as I've
• 1:14:11
  been saying for a while, like we have to prepare ourselves for
• 1:14:13
  this because it's been very clear to me for a long time that
• 1:14:16
  this was going to happen. I'm glad more people are
• 1:14:18
  starting to see this. You know, if I can see this very
• 1:14:21
  clearly, then I think other people should be able to see
• 1:14:23
  this if, if they're looking at it, you know, through a kind of
• 1:14:26
  objective lens. But this has been very clear to
• 1:14:29
  me for months. And it seems like it's only
• 1:14:32
  going to ramp up. And it's something that that I'm
• 1:14:35
  not like I don't want to see, but I see that it's happening.
• 1:14:38
  And, you know, as we know, like the media apparatus can be
• 1:14:42
  turned against you very quickly. And where we are right now, and
• 1:14:47
  it has been and where we are right now, the framing and kind
• 1:14:50
  of the the projection and the telegraphing is very clear.
• 1:14:53
  Like it's if Bitcoins continues to succeed, or rather if Bitcoin
• 1:14:59
  succeeds more than most people like Main Street can, can really
• 1:15:04
  kind of fathom, it's, it's not going to look pretty.
• 1:15:08
  The narratives that they're going to say about Bitcoiners,
• 1:15:10
  they're going to make us be the bad guys.
• 1:15:11
  When in reality, we've been trying to get more people into
• 1:15:14
  this forever. Yeah, 100%.
• 1:15:17
  And I, I think that's the the reality guys.
• 1:15:20
  And we've, we've tried very, we've tried to thread the needle
• 1:15:23
  and, and move the Overton window ever so slowly.
• 1:15:26
  But the reality is that, and I've, I've had discussions with
• 1:15:31
  very brilliant people about this certain topic, like Larry
• 1:15:35
  Leopard and Jeff Booth. You guys could go see those
• 1:15:38
  interviews I've done with them. But here's the reality guys.
• 1:15:43
  A world on a Bitcoin standard is a world where government
• 1:15:50
  spending is checked. There are certain political
• 1:15:53
  ideologies that rely on unlimited government spending.
• 1:15:58
  Those political ideologies are not going to like Bitcoin.
• 1:16:03
  And that's a theory. But you're seeing, you're
• 1:16:10
  starting you, you see that in reality, right?
• 1:16:13
  You see that with the vote in the House where literally they
• 1:16:20
  voted on whether the federal government was going to launch a
• 1:16:23
  central bank digital currency. And it was literally voted along
• 1:16:26
  party lines, like literally. And you see that from a media,
• 1:16:34
  the media that leans a certain direction, right, how they treat
• 1:16:37
  Bitcoin, how they have been treating Bitcoin.
• 1:16:41
  And it's unfortunate for Bitcoiners because we get caught
• 1:16:44
  in the crossfire and we're just like, yo, wait a second, like,
• 1:16:47
  dude, I have to wear Make America great a hat, a great
• 1:16:50
  Make America Great again hat. Like, you know, someone in the
• 1:16:54
  comments was talking about like, like, wait a second, like, you
• 1:16:59
  know, like BTC ink and they're leaning into Republicanism.
• 1:17:02
  And then you have the Winklevi twins, like, you know, you know,
• 1:17:06
  backing the Republican Party as well.
• 1:17:08
  Like it, it, it kind of sucks, right?
• 1:17:10
  And I have a lot of, you know, friendly Bitcoiners from all
• 1:17:14
  walks of life. Like I love the progressive,
• 1:17:17
  progressive Bitcoiner guys. Like I think they make fantastic
• 1:17:20
  content. So I I like, I like I, I'm
• 1:17:23
  sticking to what I said in the beginning of the show.
• 1:17:25
  I'm going to pull it up one more time and then we move on to the
• 1:17:27
  next segment. This has gone a little bit long,
• 1:17:30
  but I think it's really for Bitcoin itself is not political,
• 1:17:34
  but the outcome of a world on a Bitcoin standard is extremely
• 1:17:41
  political. Bitcoin is for anyone, it's not
• 1:17:44
  for everyone. Bitcoin protects the individual
• 1:17:48
  versus the collective. And then what I want you guys to
• 1:17:51
  internalize depending, no matter what country you're in, is
• 1:17:56
  Bitcoin over party. So vote for pro Bitcoin
• 1:18:00
  candidates, whether they lean left or whether they lean right.
• 1:18:04
  Anyways, guys, let's move on to the culture.
• 1:18:06
  We have tons to talk about. We will be right back in a
• 1:18:09
  couple seconds. I want to give a shout out to
• 1:18:13
  our partner Hive Digital Technology.
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  digitaltech.com. I want to give a shout out to
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  IO. Join today where Bitcoin meets
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  freedom. All righty then guys, it is a
• 1:20:17
  Bitcoin holiday today 8/21 AKA Bitcoin Infinity Day.
• 1:20:23
  And if you're unaware of this meme, it is everything divided
• 1:20:29
  by 21 million or Infinity divided by 21 million.
• 1:20:31
  This is why as Bitcoiners love it.
• 1:20:35
  How to do that feeling? And if, again, if you're
• 1:20:39
  unfamiliar with this, it was started by our friend Canute
• 1:20:41
  Svanholm, who Niko was just hanging out with in Helsinki.
• 1:20:44
  No, now he's fake news in me. Literally was just there at his
• 1:20:49
  conference. But I guess you weren't hanging
• 1:20:51
  out with Canoe I. Was I was with Canoe anyway.
• 1:20:56
  Anyways, the the meme for if you guys are aren't haven't been
• 1:21:00
  around for a while, it is of course, you know, 821.
• 1:21:02
  So you put the 8 on the side looks like the Infinity signed
• 1:21:05
  divided by 21 Infinity divided by 21 million.
• 1:21:08
  And as Kanuto, he says, imagine everything there is and
• 1:21:11
  everything that will ever be divided by 21 million.
• 1:21:15
  No one understands Bitcoin and I'm going to use, you know, our
• 1:21:20
  boy Jesse Myers chart here just to kind of explain the magnitude
• 1:21:23
  of what we're doing here as as bitcoiners and why you probably
• 1:21:27
  hear a lot of ridiculous price predictions on Bitcoin.
• 1:21:31
  You know, 1,000,010 million, 100 million plus whatever, you know,
• 1:21:35
  Luke said 7 billion one time and I'm like, yo, you're crazy.
• 1:21:39
  And it's this idea Infinity divided by 21 million or
• 1:21:42
  everything divided by 21 million, everything that ever
• 1:21:45
  will be divided by 2021 million, all the economic power, the
• 1:21:51
  economic energy of the present and the future divided by 21
• 1:21:54
  million. You can have a share of that if
• 1:21:57
  you purchase Bitcoin today or rather save in Bitcoin.
• 1:22:00
  And again, here is the global asset Landscape 2025 update,
• 1:22:04
  which is total global assets around 1000 trillion dollars.
• 1:22:09
  I believe that's one quadrillion.
• 1:22:11
  I always mess that up. So this is the long term kind of
• 1:22:15
  perspective of a lot of Bitcoiners.
• 1:22:17
  Again, if you study some Austrian economic, there is a
• 1:22:21
  meme in it. There's there's this idea that
• 1:22:23
  money is 1/2 of every transaction and this is the
• 1:22:27
  idea. So 1/2 of every transaction is
• 1:22:30
  money. So going a little further, 1/2
• 1:22:33
  of all the value in the world divided by 21 million, that's
• 1:22:38
  how much a Bitcoin will be worth in the future.
• 1:22:40
  Now, do we know this timeline? No idea.
• 1:22:43
  We this is the idea of it's going up and forever Laura.
• 1:22:47
  Like it, it's going up and forever.
• 1:22:49
  This is what we all believe. It's because there's still a lot
• 1:22:53
  of room to go for Bitcoin and it will always continue to go up as
• 1:22:57
  we become more productive because of technology.
• 1:22:59
  Again, looking at the global asset landscape, you can see
• 1:23:02
  Bitcoin is 2 point, you know 2, I think what 2.3 today or
• 1:23:06
  something like that. I didn't actually check the
• 1:23:09
  market cap this morning, but we're going to just round this
• 1:23:11
  down. 2 trillion dollar market cap in 1000 trillion dollar
• 1:23:16
  global asset landscape. If eventually what we believe
• 1:23:20
  will happen, all Bitcoin will obviously kind of drink the
• 1:23:24
  milkshake milkshake of a lot of these store values, which you
• 1:23:28
  can see are the various different store values around
• 1:23:30
  the world, gold, art, cars and collectibles, equities, real
• 1:23:33
  estate, bonds, and then money like cash equivalent or cash.
• 1:23:38
  Bitcoin will eventually, whether that's in our lifetimes, your
• 1:23:42
  great grandchildren's lifetimes, or somewhere beyond into the
• 1:23:45
  future, as long as Bitcoin can last for thousands of years
• 1:23:48
  here, Bitcoin will inevitably be half of all of this global value
• 1:23:53
  that we have created up until this point and will create up
• 1:23:56
  into the future. And so, you know, you guys yell
• 1:23:59
  at me about memes here, but I did the math and it's everything
• 1:24:02
  divided by 21 million Infinity divided by 21 million.
• 1:24:06
  Happy Bitcoin Infinity day, guys.
• 1:24:08
  This is the inevitable path of the end game of Bitcoin.
• 1:24:13
  Maybe you don't believe it, maybe Bitcoiners are a little,
• 1:24:17
  little more hopeful than others, but as the idea coming from
• 1:24:22
  Austrian economics is money is half of every transaction in the
• 1:24:26
  world. So in the future, I like to
• 1:24:29
  believe, and I do believe in Bitcoin Infinity Day, that
• 1:24:32
  Bitcoin will be half of all the store values in the world, which
• 1:24:35
  based on today's metrics means a $500 trillion market cap.
• 1:24:39
  So that's a what, 250X from here I'll take sounds kind of lit.
• 1:24:44
  I'll take that. I will take that.
• 1:24:47
  Anyways, we don't have to stay too long.
• 1:24:49
  I I think Bitcoin Infinity Day kind of speaks for itself.
• 1:24:53
  I love that dude. That was a that was a that was
• 1:24:55
  an amazing bit. That was an amazing bit.
• 1:24:57
  All right, everybody as. Yeah, I was going to take now is
• 1:25:00
  the time when I think you give the people the free set, so.
• 1:25:03
  Yes, guys, this is the moment you've been waiting for, guys.
• 1:25:06
  You guys want to tune in every single day to simply Bitcoin
• 1:25:08
  Live and wait till the very end of the show because we will be
• 1:25:12
  giving away free Bitcoin and and it is by our friends over
• 1:25:19
  Bitcoin. Well now guys, this is the
• 1:25:21
  Bitcoin Wishing Well contest. And essentially you toss the
• 1:25:25
  coin into the wishing well and every, every time you have an
• 1:25:28
  opportunity to win up to 1,000,000 Satoshis, 1,000,000
• 1:25:31
  Satoshis. And if you go to
• 1:25:34
  bitcoinwell.com/simply, you can scan the QR code on your screen
• 1:25:39
  right now you get 3 tosses into the Bitcoin Wishing Well just
• 1:25:43
  for signing up. So go to bitcoinwell.com/simply
• 1:25:47
  just for signing up. You have an opportunity to win
• 1:25:49
  up to 1,000,000 Satoshis. So we're going to be playing it
• 1:25:52
  three times in a row for you guys tossing a coin into the
• 1:25:55
  wishing well and to first prize is 433 sats.
• 1:26:01
  First person to scan the QR code.
• 1:26:03
  Wait, do you got me before you do it?
• 1:26:04
  So we've been waiting for three days.
• 1:26:06
  Second second toss is 610 sats and the last toss, ladies and
• 1:26:14
  gentlemen, get your lightning while it's ready.
• 1:26:16
  Bum Bing bum boom you get 635 satoshis so.
• 1:26:24
  Guys before before you go on wait pull that or maybe do it
• 1:26:29
  behind the scenes I remember Adam showed me there's there's a
• 1:26:34
  feature there where you can see the stats that haven't been
• 1:26:37
  claimed see if we have any we'll.
• 1:26:40
  We'll check that out tomorrow, ladies and gentlemen, because I
• 1:26:42
  got to run. I got to run to a meeting.
• 1:26:46
  Enjoyed today's show. Smash that like button.
• 1:26:48
  Consider subscribing if you feel like we provided you value.
• 1:26:51
  Love you guys and tune into simply Bitcoin every day.
• 1:26:53
  We'll be giving away literally Satoshi's every single day.
• 1:26:57
  So we'll see you guys tomorrow for the last episode of the
• 1:27:00
  week. Today is August 21st, 2025.
• 1:27:03
  I'm your host. Nico is my Co host, Optimus
• 1:27:05
  Fields. We'll see you guys tomorrow.
• 1:27:07
  Today's episode was brought to you by bitcoinwell.com, a
• 1:27:10
  Bitcoin only platform on a mission to enable financial
• 1:27:13
  independence.