Latest / Simply Bitcoin / Russia JUST EXPOSED Americas $37T Bitcoin RESET | EP 1407

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Russia JUST EXPOSED Americas $37T Bitcoin RESET | EP 1407 · Simply Bitcoin

• 0:02
  Did Russia just expose America's $37 trillion Bitcoin reset?
• 0:09
  While we were all distracted with Christmas, Russia just made
• 0:12
  some very interesting Bitcoin moves.
• 0:15
  From banks adopting it to retail now being allowed to trade
• 0:18
  Bitcoin and even potentially new mining laws, Russia is going all
• 0:23
  in and nobody is paying attention.
• 0:28
  What is the most, sorry, the background?
• 0:31
  What's the most interesting part about this is, in my opinion, it
• 0:35
  does seem like Russia is calling America's bluff right now.
• 0:39
  We've all heard 2025 is the year that we got the first Bitcoin
• 0:43
  president. A lot of new news around
• 0:46
  Bitcoin. We're seeing America push for
• 0:48
  Bitcoin and yet it has been a lot of rhetoric.
• 0:51
  Well, now that bluff is being called coming from Russia.
• 0:55
  So I do have a couple of new stories.
• 0:57
  To kind of make. My case here and here is the
• 1:01
  first one. So last week on the 23rd, Russia
• 1:05
  opened the door to Bitcoin for retail investors.
• 1:09
  Essentially, a Russian central bank was proposing that, hey, we
• 1:12
  should allow everyone to start to be able to buy Bitcoin.
• 1:16
  Now, this isn't perfect, obviously.
• 1:18
  From our perspective, we, we always view it in one simple
• 1:21
  way. It's like you don't need to wait
• 1:23
  for central bank's permission. You don't need to wait for any
• 1:25
  bank's permission to buy Bitcoin.
• 1:28
  All you have to do is find a way to get that Bitcoin.
• 1:31
  Of course, there are laws in certain countries that
• 1:34
  definitely stop you from buying Bitcoin.
• 1:36
  A lot of banks have been stopping people from buying
• 1:39
  Bitcoin, but now it looks like the Russian central bank is
• 1:42
  going to allow everyone to get into Bitcoin.
• 1:44
  Now, the saga in Russia around Bitcoin has been very
• 1:48
  interesting. For a while we have been seeing
• 1:50
  this kind of push where they'll allow high net worth individuals
• 1:54
  to get into Bitcoin, only limited small amounts.
• 1:57
  Now it seems like it's going to be opened up for everyone,
• 2:00
  though it still has the very same limits.
• 2:03
  Of course, always with the idea of consumer protection.
• 2:06
  You know, we got to do an experiment, a test pilot.
• 2:09
  We don't really know this Bitcoin thing.
• 2:11
  So we're only going to let a few people get into it and then
• 2:14
  small amounts. And that's exactly how this is
• 2:16
  going down South. Last Tuesday, there was a report
• 2:21
  submitted to the government for review that central bank said
• 2:23
  both qualified and non qualified investors would be permitted to
• 2:27
  acquire crypto assets, but under different rules, limits and test
• 2:31
  requirements. That's the bulk of this, yes.
• 2:34
  They're saying, hey, you know, retail can buy Bitcoin, but only
• 2:38
  a little bit. And yeah, most we're only going
• 2:41
  to really let the qualified investors get into Bitcoin in
• 2:45
  full force. But if you're just kind of a
• 2:47
  retail Main Street person, then you know, we're only going to
• 2:51
  let you buy a little bit. So it is a change from what we
• 2:55
  saw coming out of Russia where they were just kind of only
• 2:58
  allowing high net worth individuals get into Bitcoin in
• 3:00
  certain amounts. Now they're essentially saying,
• 3:02
  hey, everyone can get into Bitcoin, but if you are a
• 3:07
  qualified investor, you have obviously a little more
• 3:09
  autonomy, a little more freedom to get into Bitcoin.
• 3:12
  Now they're like, you know what, we'll let everyone get into it.
• 3:16
  But of course, if you are a retail investor, we got to
• 3:20
  protect you. We need consumer protection here
• 3:22
  and obviously from my perspective, I guess it's a good
• 3:26
  baby step. You know, Nico always talks
• 3:28
  about the Overton window. We've been hearing the Overton
• 3:31
  window constantly. So we are shifting in the right
• 3:33
  direction. Now what is most interesting to
• 3:36
  me about this is obviously in 2025 in the US, we've seen the
• 3:41
  exact opposite. We've seen basically every bank
• 3:44
  in the US, every big bank either offer the Bitcoin ETFs or offer
• 3:49
  some kind of Bitcoin product for their their customers here.
• 3:54
  But now it seems like that is catching on.
• 3:57
  We saw this happen everywhere around the world, obviously not
• 4:00
  in every country in every jurisdiction, but ever since
• 4:03
  Trump came out and was pro Bitcoin, every other country had
• 4:07
  to pay attention to this. Whether they're serious about
• 4:10
  this or not, everyone else is taking notice to this.
• 4:13
  And I think this is probably the biggest signal just right off
• 4:17
  the RIP is maybe you don't take what President Trump is saying
• 4:21
  seriously. Maybe you don't think they're
• 4:23
  actually serious about acquiring Bitcoin, buying Bitcoin.
• 4:27
  Though we have seen there has been a regulatory shift around
• 4:30
  Bitcoin, specifically coming from the SEC and the CFTC.
• 4:34
  And of course, people been saying, you know, Operation
• 4:37
  Truck .2 Point O is over. Though it is a little
• 4:39
  interesting because there is this whole new privacy war going
• 4:43
  on. So on the one hand, there seems
• 4:45
  to be a very good pro Bitcoin rhetoric spreading around the
• 4:49
  world. On the other hand, it doesn't
• 4:53
  seem like very many people are taking that seriously though.
• 4:56
  As I've been saying for a while, even though we haven't seen any
• 4:59
  buys coming from the US, we have seen a lot of favorable
• 5:03
  tailwinds coming for Bitcoin and everyone else is starting to pay
• 5:08
  attention. Yes, China is kind of loosening
• 5:11
  their their laws around it, though.
• 5:12
  There's still kind of some speculation of whether China's
• 5:15
  going to ban mining again, though, Bitcoin mining in China
• 5:19
  is back to levels we haven't seen in years now.
• 5:23
  It looks like Russia is starting to take this very seriously and
• 5:25
  be like, OK, look, we may not want this, we may not like this,
• 5:29
  but I know our customers are going to look for Bitcoin.
• 5:34
  If the US is serious about Bitcoin, then we have to take it
• 5:38
  seriously as well. And I think this is just the
• 5:40
  beginning of what we are going to see.
• 5:42
  Now the second story here again there is a multiple news stories
• 5:46
  and I think this one is the most interesting story.
• 5:49
  Though when I looked into this I was looking at this last week
• 5:53
  and This is why I didn't do a show.
• 5:55
  Well, obviously I wasn't here last week, but This is why we
• 5:57
  didn't do a show on it last week is because there is a little I
• 6:01
  don't I don't know if there's a caveat here, but if this is
• 6:04
  true, this is one of those big if true moments.
• 6:08
  If this is true and I did confirm, you know, I had to do
• 6:11
  Russian to English translation for this, though it was
• 6:15
  interesting because it didn't really make it that clear.
• 6:18
  But there's only one real kind of direction that this could go.
• 6:23
  So I don't know if you guys saw this, but the Block reported and
• 6:25
  I saw other people reporting this as well that the US eyes
• 6:29
  crypto mining at disputed nuclear plant in Russia Ukraine
• 6:33
  conflict. Essentially the the short of it
• 6:36
  is one of the main things that is hinging on the Ukraine,
• 6:41
  Russia kind of resolution right now is this nuclear plant.
• 6:45
  And it seems like the US is kind of using this as an opportunity
• 6:49
  to either have a partnership with Russia at this nuclear
• 6:54
  plant to do Bitcoin mining, or it's kind of one of those kind
• 6:59
  of thrown in little side notes, footnotes to this this
• 7:04
  resolution. But anyways, Putin said the US
• 7:08
  has expressed interest in using a proposed stake in the I'm I'm
• 7:12
  going to butcher this Zaprasia nuclear power plant for crypto
• 7:17
  mining as part of ongoing peace negotiations.
• 7:21
  This is what's reported by the commerce saw.
• 7:22
  Again, I looked into the official report or the official
• 7:26
  commerce saw kind of press release and when that was
• 7:30
  released, maybe, maybe I can find it here.
• 7:32
  And, and we can do this live. It doesn't necessarily say
• 7:36
  Bitcoin or crypto mining. Here it is from the commerce saw
• 7:40
  again, English to right or Russian to English translation.
• 7:43
  It goes. Putin announced the US interest
• 7:45
  in mining at the Zaporizzizi nuclear power plant.
• 7:49
  Again, it just says mining now from a big corners perspective,
• 7:53
  this is one of the things we've been saying for a very long time
• 7:57
  that once we can start, you know, mining Bitcoin from
• 8:01
  nuclear power, it's like game over.
• 8:04
  This is like this is when we start to really enter into the
• 8:08
  Petrosat system. Now, of course, this report only
• 8:12
  says mining. Now maybe they didn't add crypto
• 8:16
  Bitcoin mining into that because it was so obvious.
• 8:19
  But when I kind of was thinking about this, like what else could
• 8:21
  they, quote UN quote be mining from a power plant?
• 8:25
  From our perspective, it's like what they're just going to, you
• 8:28
  know, the the whole resolution is being hinged on them being
• 8:31
  able to Bitcoin mine into nuclear power plant in Russia.
• 8:33
  It's like if this is exactly what is being reported, this is
• 8:38
  absolutely insane. Now, do I think this is going to
• 8:42
  be like the one resolution to stop the Russia Ukraine
• 8:46
  conflict? Probably not.
• 8:48
  It's probably an kind of just like a footnote and afterthought
• 8:51
  here though there has been this whole new spark conversation of,
• 8:55
  you know, are we going to see a resolution in the Russia Ukraine
• 8:59
  conflict? I think I saw yesterday, as I
• 9:02
  was kind of kind of updating myself for the news, that
• 9:06
  Zelensky's apparently starting to say he's more open to peace
• 9:09
  negotiations, though we have heard this in the past.
• 9:13
  Who knows what is actually going on over there.
• 9:15
  But from the reports, it seems like the US has made a point of,
• 9:20
  hey, one of the things we want to see is this disputed nuclear
• 9:25
  power plant, whether we can mine on it.
• 9:28
  And if this is just like a very simple hey, we just want to be
• 9:32
  able to plug some ASICS into this nuclear power plant.
• 9:35
  This is like insane game theory playing out right now.
• 9:38
  It really does go into the Jason Lowry, what is it, soft power or
• 9:43
  soft war narrative here where one of the defining
• 9:47
  conversations right now is nation state and Bitcoin.
• 9:54
  And we're starting to see this play out everywhere right now.
• 9:57
  Obviously, US, China, Russia, we have a lot of smaller nations
• 10:01
  kind of embracing Bitcoin. We do have some Eastern European
• 10:03
  countries embracing Bitcoin. It does seem like Latin American
• 10:07
  countries are also starting to embrace Bitcoin.
• 10:09
  Of course, every institution, at least from Wall Street, is very
• 10:13
  slowly starting to embrace Bitcoin.
• 10:15
  We're seeing products everywhere.
• 10:17
  So I know 2025 did seem like a loss year.
• 10:20
  We're you know what, 2 days, 3-3 days until the year's over.
• 10:25
  I, I think, I think 2025 was the bear market guys.
• 10:29
  You know, hopefully this is the case.
• 10:31
  This is kind of my thesis right now, but both of these news
• 10:35
  together are interesting in and of themselves, right?
• 10:38
  They're like, OK, you know, Russia's allowing their retail
• 10:42
  to get into Bitcoin even if it's very small.
• 10:44
  We're hearing kind of some speculative rumors, though it
• 10:47
  does seem to be official. Rumors are not even official,
• 10:51
  not even rumors, just official statements coming out about
• 10:54
  mining at a nuclear power plant to kind of be one of the
• 10:57
  footnotes to the Ukraine Russia conflict.
• 11:00
  But this news that came out this morning is Russia officially and
• 11:05
  going into Bitcoin doing what Bitcoiners have been saying for
• 11:08
  a while. We've seen this happen in the US
• 11:10
  And here is the latest news this morning, which really makes you
• 11:13
  think that Russia is very seriously taking into
• 11:17
  consideration America's rhetoric around Bitcoin.
• 11:21
  America has been saying, or rather Trump and Scott Besson
• 11:24
  and David Sachs, you know, the cryptos are, they've all been
• 11:28
  saying one kind of meme the whole year.
• 11:31
  America is going to be the Bitcoin superpower of the world.
• 11:34
  Now, of course, the Bitcoin price has been down.
• 11:37
  There has been, you know, some very serious de dollarization
• 11:41
  happening around the world right now.
• 11:44
  I don't know if you guys are watching silver markets, but I
• 11:46
  will cover what's going on in the silver markets a little
• 11:48
  later. We have been seeing, you know,
• 11:51
  rumors of bricks moving away from the dollar all year long,
• 11:55
  them kind of posturing that they're going to create their
• 11:57
  own kind of new note, new currency.
• 11:59
  So whether this is happening or not, one trend is starting to
• 12:05
  emerge and we've been saying this, or maybe rather I've been
• 12:07
  saying this all year long, is we are starting to see that the
• 12:12
  world. Is de dollarizing?
• 12:14
  Add that with gold going all time highs and central banks
• 12:17
  acquiring gold at levels we haven't seen in years and
• 12:21
  dropping treasuries at the same time, it's just going to show we
• 12:25
  are we are definitely in a monetary shifting, a monetary
• 12:29
  reordering currently in the moment.
• 12:32
  And as a Bitcoiner, I truly believe Bitcoins going to be one
• 12:36
  of those pivotal, pivotal, I don't want to say assets, but
• 12:40
  money's moving forward. Now if Russia kind of continues
• 12:44
  this trend and they finally really allow Bitcoin to be used
• 12:49
  by their people because they have been, as I've been saying,
• 12:52
  using Bitcoin from AI, I don't know if I want to say like an
• 12:56
  elite perspective. It's like if you're a high net
• 12:58
  worth individual, you can get into Bitcoin, But you know, you
• 13:01
  peasants, you, you everyday Russian people, you guys aren't
• 13:05
  going to be able to use Bitcoin. You know, you guys aren't
• 13:07
  sophisticated enough. You need more consumer
• 13:09
  protection. But now it seems like they are
• 13:11
  opening up the kind of the floodgates into Bitcoin.
• 13:15
  And this one is very interesting because Burbank, which is the
• 13:19
  largest lender in Russia, just issued their first crypto back
• 13:26
  loan to a Bitcoin miner in tally on data.
• 13:29
  So spur bank use its in house crypto custody again in house to
• 13:34
  something that is a little different than what we've seen
• 13:37
  in the US. Most people are using Coinbase,
• 13:39
  but they're using their in house crypto custody tool to back a
• 13:43
  loan for mining firm Intelion data signaling broader interest
• 13:47
  into crypto lending. This is we just saw Jamie JP
• 13:51
  Morgan do this a couple of weeks ago.
• 13:53
  Basically, you know, talking about MicroStrategy is bad and
• 13:57
  then they launch a you know, oh, we're going to launch Bitcoin
• 13:59
  back loan soon. So Spurbank issued, of course,
• 14:02
  the first backed Bitcoin loan to a a major Bitcoin miner, the
• 14:06
  loan utilizer crypto custody product root token to secure the
• 14:09
  Bitcoin collateral, ensuring asset safety and they're
• 14:13
  exploring decentralized finance instruments and supports the
• 14:15
  gradual legalization of crypto currencies in Russia.
• 14:19
  I think that's the big point here, guys.
• 14:21
  I think all of these news together is really going towards
• 14:25
  a greater trend here that it does seem like Russia is taking
• 14:29
  the game theory threat of the US embracing Bitcoin seriously.
• 14:34
  Now, I did just get back from vacation.
• 14:37
  You know, I, I was talking to a lot of friends.
• 14:40
  One of my friends is at Morgan Stanley and he's just, you know,
• 14:43
  drinking the trad fight kool-aid.
• 14:45
  But I just kept telling him I'm like, dude, like even your own
• 14:49
  bank is starting to embrace Bitcoin.
• 14:50
  And he's like, well, you know, they're, they're not letting
• 14:53
  everyone get into Bitcoin yet. I'm like, yeah, but they're
• 14:56
  embracing it. So while in the US we still have
• 15:00
  this kind of trepidation, there's this concern around
• 15:03
  Bitcoin there, there's still kind of the status quo of trad 5
• 15:07
  and Bitcoin not really mixing. Even though Wall Street has
• 15:10
  fully embraced Bitcoin, in Russia, it seems like they're
• 15:15
  taking the the necessary steps to finally allow Bitcoin to be
• 15:19
  used proliferated, or at the very least, they are starting to
• 15:23
  see the strategic importance of using Bitcoin now.
• 15:26
  Currently, what we're seeing in the precious markets, obviously
• 15:29
  gold and silver hitting all time highs.
• 15:32
  It's probably the biggest signal of what's going on.
• 15:34
  As I've been telling you guys all year long, or rather once it
• 15:38
  really hit me, I think around summertime that the Mar a Lago
• 15:41
  Accords, whether you're seeing it or you're hearing about it or
• 15:45
  not, that thesis of what the Mar a Lago Accords is happening in
• 15:49
  real time, which is of course they're going to print money.
• 15:52
  They want to lower interest rates, they want a looser
• 15:54
  monetary policy. But at the same time, they're
• 15:56
  talking about we need a strong dollar while all their actions
• 16:00
  are doing the opposite. They are weakening the dollar in
• 16:03
  real time. They're trying to figure out
• 16:05
  ways to get more demand for Treasuries because no one wants
• 16:08
  to hold U.S. debt anymore. And then you add in what's
• 16:11
  happening in Japan and they're about to raise interest rates.
• 16:15
  You know, they're injecting liquidity into their economy.
• 16:18
  It's like the money printers turning back on.
• 16:20
  Everyone's looking at the status quo, the the safe haven bets.
• 16:25
  And they're like, I don't want this anymore.
• 16:27
  So they're stacking gold. Central banks haven't acquired
• 16:30
  gold like they've like this in in decades.
• 16:33
  And now we're starting to see that, you know, behind the
• 16:36
  scenes, the little Trojan horse, the the little engine that could
• 16:39
  Bitcoin is starting to take its place in the macro landscape.
• 16:44
  Now, what does this all mean, especially when you consider
• 16:48
  that the institutions are slowly getting the Bitcoin though.
• 16:52
  I mean, BlackRock coming into Bitcoin, JP Morgan coming into
• 16:55
  Bitcoin, basically all the big banks are at the very least
• 16:59
  building the foundation to get into Bitcoin, which really is my
• 17:03
  thesis for 2026 that we're only going to see that ramp up.
• 17:06
  Hence why I've maintained bullishness throughout this
• 17:08
  whole kind of bearish drama the last couple of weeks.
• 17:11
  I'm like, it just makes no sense to me.
• 17:13
  We're seeing nation states embrace Bitcoin.
• 17:16
  We're seeing all the big institutions.
• 17:18
  You know I hate using the term smart money.
• 17:20
  But all the. Smart money is starting to
• 17:22
  position them themselves into Bitcoin.
• 17:24
  They move a lot slower than retail and I have a good clip
• 17:27
  from Matt Hogan essentially explaining why.
• 17:29
  He also believes it's going to be 2026 bullishness.
• 17:34
  It seems like the stepping stones have been set in 2025 and
• 17:39
  all of the kind of negative price action we've seen is
• 17:42
  really contrary to all of the good news that we've heard
• 17:45
  throughout. This year so.
• 17:47
  If Russia is very seriously going to take steps into
• 17:51
  Bitcoin, then you're starting to see the monetary war is not only
• 17:54
  happening in, of course, dollars, it's not only happening
• 17:57
  in gold, but now it's starting to take place in Bitcoin.
• 18:01
  So if Russia goes in, as this said at the at the very end that
• 18:05
  they're taking, you know, steps to legalize crypto currencies in
• 18:09
  Russia, not that they've been necessarily illegal there per
• 18:13
  SE, but there has been a lot of red tape so that people can't
• 18:17
  get into it. Your banks won't allow you to
• 18:18
  buy Bitcoin, which is what we've seen in the past in America.
• 18:22
  You're starting to see that the game theory, you can't ignore it
• 18:26
  for that long. If the US is serious about
• 18:29
  becoming the quote, UN quote Bitcoin superpower of the world,
• 18:33
  then every other country has to take this seriously.
• 18:36
  Whether they believe in Bitcoin or not, whether they think
• 18:39
  Bitcoin is a digital toy, whether they think that, you
• 18:42
  know, this is a scam or what, What are all the other things
• 18:45
  that you say? An index of money launderers and
• 18:47
  frauds and all that stuff. It's become very clear to me
• 18:51
  that 2025 is the year that Bitcoin matured, that Bitcoin is
• 18:55
  starting to be accepted in the mainstream.
• 18:56
  Like This Is Us crossing that Rubicon into mainstream because
• 19:01
  first they have to kind of, you know, rewrite the rules so that
• 19:04
  they can let themselves participate in the Bitcoin
• 19:07
  system. And this is what we're seeing
• 19:09
  happen right now. So whether you like Trump, you
• 19:14
  hate him, whether you like Putin or you hate him, you think he's
• 19:17
  a big bad boogeyman. Or maybe they're both the big
• 19:19
  bad boogeyman. They're all looking at Bitcoin
• 19:23
  right now. And I think they're having these
• 19:25
  conversations in private. Like, man, I don't know if
• 19:29
  they're serious about this, but we have to take that threat
• 19:32
  seriously. We have to view this as a
• 19:35
  potential alternative to what is coming down the pipeline.
• 19:39
  And especially if you're watching, again, like I said, in
• 19:41
  the silver markets, which I will cover a little bit.
• 19:43
  There's been a lot of rumors around the silver markets.
• 19:45
  It's hitting all time highs. It's been a lot of speculation.
• 19:48
  It's really showing you a couple of things in my opinion.
• 19:52
  I think what we're seeing is that the precious metals markets
• 19:56
  are calling the bluff of Fiat money.
• 19:59
  This is, I think exactly what's going on.
• 20:01
  It's it's been an extremely hard to ignore the gold rally.
• 20:04
  Obviously now Silver's rallied. I think what like 25% in like 30
• 20:10
  days or it's. Just something ridiculous.
• 20:12
  It's added a couple of Bitcoin market caps and everyone's
• 20:15
  wondering like wins Bitcoin. This is why I think you're
• 20:19
  seeing so much hate. So much.
• 20:21
  Fervor. So much I would say maybe
• 20:24
  disdain. There's been a lot of salty
• 20:26
  bitcoiners right now because we've seen gold RIP all year
• 20:29
  long. We just saw a silver RIP and
• 20:32
  bitcoins down. Literally S&P 500, NASDAQ gold,
• 20:37
  silver and bitcoins down. Everything that should be an
• 20:42
  indicator of Bitcoin ripping is is taking off.
• 20:45
  All the signals are go and bitcoins been down.
• 20:48
  But usually kind of the heuristic the meme is gold runs
• 20:52
  first and then Bitcoin will run. Though I'm not really in the
• 20:55
  camp that we have to see gold lose its value reprice and that
• 21:01
  flows into Bitcoin. I don't think that that's
• 21:03
  necessarily the case with silver either.
• 21:06
  I have seen a lot of people talking that OK, silver probably
• 21:08
  topped out. I I really don't know, but I
• 21:10
  will cover that in a minute. I don't think we have to see
• 21:13
  precious metals reprice and dump for Bitcoin to run.
• 21:17
  I think what we're seeing is the general kind of apathy of the
• 21:22
  markets right now. And maybe they're, they're just
• 21:25
  fear of what's going on, though I they no longer really believe
• 21:29
  that we are necessarily going to see doom and gloom and a
• 21:35
  recession or a depression necessarily happen for Bitcoin
• 21:38
  to run. I think we are on the verge of a
• 21:41
  potential melt up situation. So it's not like the past where
• 21:46
  all markets are going to tank. I think it's the opposite.
• 21:49
  I think we're going to see markets RIP so hard that if you
• 21:53
  aren't holding assets, which has been my thesis all year long, if
• 21:56
  you are not holding assets right now, you are absolutely going to
• 22:00
  be wrecked and devastated. They've been telling us this
• 22:03
  very directly throughout the whole year.
• 22:06
  We want to run this hot and again, 2026 is a midterm
• 22:10
  election in the US. The economy's in the dumps.
• 22:12
  Yes, the official narratives is like, the economy is better than
• 22:15
  ever. Welcome to the golden age.
• 22:17
  And yet everyone feels broker than they've ever felt before.
• 22:22
  Like make the math math here. So my kind of updated view right
• 22:27
  now, or rather maybe what I'm leaning towards the most is I
• 22:30
  think we're going to see a melt up situation.
• 22:32
  All assets are going to run insane as we saw with gold, as
• 22:36
  we seen with silver. I think Bitcoin will follow in
• 22:40
  2026 in this type of scenario where Bitcoin just does an
• 22:43
  incredible run as we saw in the other precious metals.
• 22:47
  To me, I think melt up situation is probably more favorable or
• 22:52
  rather I think the odds of a melt up situation is most likely
• 22:55
  what's going to happen, not necessarily a recession
• 22:58
  depression. I think we've been in a
• 23:00
  recession. So I, I don't think we're going
• 23:02
  to see a depression level crash. I think we're going to see the
• 23:06
  opposite, a melt up, you know, upwards crash where all the
• 23:10
  assets just add huge amounts of capital and liquidity.
• 23:15
  I think Bitcoin will follow that as well.
• 23:17
  It's just the game theory is starting to get crazy.
• 23:20
  You can no longer ignore Bitcoin.
• 23:22
  And I think that's kind of the biggest take away here.
• 23:25
  Whether the US is serious about acquiring Bitcoin or not,
• 23:28
  everyone is now very serious about essentially legalizing or.
• 23:34
  Finishing the framework so that they can get into Bitcoin again,
• 23:38
  they do have to basically rewrite the law so that they can
• 23:42
  get their capital into Bitcoin. And I think if this news from
• 23:45
  Russia is pointing in any direction, it's that the game
• 23:48
  theory around Bitcoin as a macro asset, I don't know if we can
• 23:53
  even call it a macro hedge anymore because.
• 23:56
  It didn't. It didn't act.
• 23:56
  Like a hedges here, it acted like a risk on asset.
• 24:00
  So I think that's the framework that we should be working on
• 24:03
  right now. I think Bitcoin is growing up.
• 24:07
  It grew up. This is, this is it's I don't.
• 24:09
  Want to say coming out party pause but.
• 24:11
  This is Bitcoin maturing going into the mainstream and now
• 24:15
  everyone having to kind of scramble and figure out, hey,
• 24:20
  are we playing chicken here? Is Russia playing chicken with
• 24:22
  the US? Is the US playing chicken with
• 24:24
  their quote UN quote embracing a Bitcoin?
• 24:27
  Is China playing chicken? China's been just stacking gold
• 24:30
  there. I, I think they're kind of doing
• 24:31
  the same thing they did in the past where they acquired silver,
• 24:34
  though again, I will get into the kind of silver drama that
• 24:37
  happened over the weekend. But if the US does very strongly
• 24:43
  embrace Bitcoin, start to acquire Bitcoin, then I think
• 24:46
  the game theory between Russia, the US and China is going to go
• 24:49
  into OverDrive and they, they're going to be forced to embrace
• 24:51
  Bitcoin. Now, will they do that only on a
• 24:54
  nation state level and basically leave the little man out?
• 24:58
  Potentially, That's probably the case if, if we're being honest
• 25:01
  here. But you're starting to see a
• 25:02
  trend coming out of Russia that they are very seriously calling
• 25:06
  America's bluff on the quote UN quote Bitcoin.
• 25:09
  Superpower of the world. So from my perspective as
• 25:12
  American if America. Doesn't get it shit together.
• 25:15
  It's going to get crazy if they don't start acquiring Bitcoin.
• 25:18
  It's going to get nuts if they don't essentially on a state
• 25:21
  level realize that, hey, we got to let our citizens embrace
• 25:25
  Bitcoin. Who knows who can eat our lunch?
• 25:28
  Is it going to be China? Is it going to be Russia?
• 25:30
  I want us to be, you know, literally because I live here,
• 25:33
  the Bitcoin superpower of the world.
• 25:35
  I really want them to just get out of our way.
• 25:37
  Let us use Bitcoin as money. That would really solve all of
• 25:40
  my personal problems. I think all of your problems out
• 25:43
  there, but Russia is taking bitcoins superpower strategy
• 25:48
  seriously, which I think is the main signal here.
• 25:51
  If you've been watching Bitcoin stuff and you're only watching
• 25:54
  the Bitcoin price and you're not really focused on all of the
• 25:58
  very bullish news around Bitcoin, then you might not
• 26:01
  understand that the dynamics are are changing.
• 26:04
  You know, still waters run deep. Yes, the Bitcoin price has been
• 26:08
  down. I I didn't check it this
• 26:09
  morning, but it's what down like 6-7 percent on the year.
• 26:13
  But the fundamental plumbing has changed and now everyone has to
• 26:17
  take Bitcoin seriously. So look, I think.
• 26:22
  Things are changing. I, I, I know, I know, I know,
• 26:24
  I'm saying it's different, but this time is, is very clearly
• 26:27
  different. Everything is different.
• 26:29
  I don't, I don't need to make the case for why I think this is
• 26:31
  different, but you are starting to see on a nation state level
• 26:35
  they cannot ignore Bitcoin anymore now obviously.
• 26:40
  Are they going to do everything in, in, in my eyes, favorable?
• 26:43
  No. But they can't ignore Bitcoin
• 26:45
  anymore. Bitcoin is here.
• 26:48
  It's not going away. They have to find ways to
• 26:50
  embrace it, maybe find ways to embrace it where they don't lose
• 26:53
  their power. But it's here and it's
• 26:56
  unignorable at this point. So Russia seemingly going all in
• 27:00
  on Bitcoin. They're starting to unleash some
• 27:02
  products. They're starting to allow their
• 27:04
  their citizens to saving Bitcoin.
• 27:07
  Investor trade Bitcoin however you want to call it, but Russia
• 27:12
  is taking bitcoins or America's Bitcoin moves.
• 27:15
  Very seriously. So that's the that's what I
• 27:18
  think is very interesting. The the game theory, the macro
• 27:21
  around bitcoins place in the world has fundamentally shifted
• 27:26
  in 2025. I think that's the biggest
• 27:27
  bullish take away for today. And you know, I I will rest my
• 27:31
  hat on that one. All right, guys, before I go on,
• 27:36
  it's good to be back, boys. I I know, I know you guys had to
• 27:39
  deal with a week of bearishness, but simply hopium with Optimus
• 27:45
  Fields is back. All right, we are back.
• 27:49
  Thank you for bearing with us. I'll, I'll make sure we stay
• 27:53
  bullish. All right.
• 27:54
  We're going to stay bullish going into 2026 anyways for you
• 27:57
  guys later, like I said in the news, I will be covering the,
• 28:01
  the silver stuff. There's been a lot of rumors.
• 28:04
  There's a lot of. Confusion of what's going on in
• 28:06
  the silver markets, though it's hitting all time high.
• 28:08
  It did retrace today and then I have a clip from Matt Hogan.
• 28:12
  I'm I'm kind of a fan of Matt Hogan right now.
• 28:14
  He's doubling to tripling, quadrupling down on the four
• 28:18
  year cycle being dead. And he's making an interesting
• 28:22
  case on maybe following Gold's 10 year bull run.
• 28:27
  And then I do have a guest popping in in a minute.
• 28:31
  We have, let me, let me, let me get the, the, his name cause
• 28:36
  'cause I'm blanking here. We have Eric from Coin Lords
• 28:39
  coming in. So we'll, we'll be talking about
• 28:41
  that in the culture. On that note, guys, I will be
• 28:44
  right back after this commercial break.
• 28:49
  Today's episode is brought to you by Bitcoin Well Infinite.
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  se-ed.com store. All righty then guys we are back
• 31:02
  and the current Bitcoin price is $87,730 which is a 30% discount
• 31:11
  from all time high. The market cap is currently 1.75
• 31:14
  trillion and the current block height is 930,000 and 45 I
• 31:18
  repeat 930045. All right, so as I was telling
• 31:23
  you, I am. Look, you guys saw me and Nico
• 31:29
  arguing before I left whether we're in the four year cycle,
• 31:33
  what even means the four year cycle.
• 31:35
  I think, I think that's probably where the confusion comes into.
• 31:40
  But as we all know, 2025 is seemingly going to be a bear
• 31:44
  market. Now if this is our bear market,
• 31:47
  I'm totally OK with that because it really just shows what we've
• 31:50
  been hearing from all the institutions essentially say
• 31:53
  Bitcoin volatility is going to kind of, you know, not be as
• 31:57
  extreme as it used to be. If 2025 is the bull market and
• 32:01
  2026 is bullish, well, the four year cycle is completely broken.
• 32:05
  But also we didn't see the. Declines that we'd expect in a
• 32:08
  bear market, which in my opinion is super bullish so.
• 32:12
  Matt Hogan from Bitwise, he's kind of making the case the four
• 32:15
  year cycle's over, but he's even more bullish than just hey, four
• 32:19
  year cycle's over. He's saying we could be seeing a
• 32:22
  10 year grind up Which? Is a little bittersweet, I think
• 32:27
  super bullish, but let's hear his framing and then and then
• 32:30
  I'll kind of chat about it. I think the four year cycle is
• 32:33
  being replaced by a 10 year grind by which I mean there are
• 32:38
  big new forces in the world. They started coming in with the
• 32:41
  launch of the ETF in January of 2024.
• 32:44
  They were accelerated by regulatory progress in January
• 32:47
  of this year. We have the growth of stable
• 32:49
  coins and tokenization. I think those forces are bigger
• 32:52
  and stronger than the forces that historically caused the
• 32:55
  four year cycle. So specifically, I expect the
• 32:58
  market to be up next year. And so therefore from that
• 33:01
  perspective, I think the four year cycle is quote UN quote
• 33:03
  dead. I still think it matters because
• 33:05
  it's in people's minds. I think it's one of the reasons
• 33:07
  prices have been suppressed this year.
• 33:09
  But do I think we're in a four year cycle?
• 33:11
  No, I think we're in a 10 year grind, upward of strong returns,
• 33:16
  not spectacular strong returns, lower volatility, some up and
• 33:20
  down, but I think next year will be up.
• 33:22
  And so I guess from that perspective, I think the four
• 33:24
  year cycle is quote UN quote dead.
• 33:26
  I'll just add one more fun fact from Bitwise perspective, I
• 33:30
  think the institution is just sort of hitting its stride.
• 33:34
  I don't think crypto is used to how slow those institutions
• 33:37
  moved. As 2 examples, we just now had
• 33:40
  the BIG4 wire houses, Morgan Merrill Wells and UBS approved
• 33:45
  Bitcoin products even though the ETFs launched in January.
• 33:49
  So we're just opening the doors. The other experience from
• 33:52
  Bitwise's perspective, our average institutional client
• 33:55
  allocates after 8 meetings if they do meetings on a quarterly
• 33:58
  basis. And they started when ETFs
• 33:59
  launched. They're just getting to their
• 34:01
  eighth meeting now. So I, I do think you have this
• 34:03
  slow moving force and then this fast moving retail trade and I
• 34:07
  think that explains a lot of what's going on in.
• 34:11
  It all right, guys. So First off, if you are
• 34:14
  unfamiliar with how commodities trade, you might be looking at
• 34:19
  that the initial kind of first point of a four year cycle dead,
• 34:23
  but a 10 year super cycle is in and you're probably thinking
• 34:28
  like, dude, all right, simply hope you.
• 34:31
  I'm like, I can only I can only smoke so much opium.
• 34:34
  You know, I I get it. I get it though, he totally did
• 34:38
  say that we might not be seeing the spectacular Bitcoin gains
• 34:43
  that we're used to, which is, you know, five 1020 + X in, you
• 34:48
  know, a one year cycle or sorry, a four year cycle, but in one
• 34:51
  year. But what you will see is I think
• 34:54
  probably more akin to what Sailor's been saying, a 30, you
• 34:58
  know, 30% kegger, though we didn't even see that this year.
• 35:00
  So hey, that one might be out the window, but what?
• 35:04
  I would kind of say to you to look at is you got to look at
• 35:08
  gold, gold. Had essentially, you know, a 10
• 35:11
  year mega cycle and then it went down for a long time and now
• 35:17
  it's finally hitting all time highs again.
• 35:19
  So that 10 year super cycle kind of idea is very prevalent in a
• 35:25
  lot of commodities. I was looking at the S&P 500
• 35:28
  this morning and if you turn it on the monthly chart, it's
• 35:30
  literally been pumping up for since 1940s.
• 35:33
  You're like, yo, this, this is crazy.
• 35:35
  So it's not unheard of to see something like Bitcoin just pump
• 35:40
  up forever and necessarily and not necessarily just be a four
• 35:43
  year cycle meme. Though the second part of it, it
• 35:46
  was I think where Nico kind of falls into one second.
• 35:55
  I think where Nico kind of falls into is where Matt Hogan was
• 35:59
  saying at the tail end of that first segment where he's like, I
• 36:03
  think what we're seeing right now is a lot of people are do
• 36:06
  really believe in the four year cycle and it is kind of a self
• 36:09
  fulfilling prophecy. It is kind of a negative
• 36:12
  feedback. Luke.
• 36:13
  A lot of my really good friends have also really believed this
• 36:16
  is like, you know, the 4 Chan post said Bitcoin's going to hit
• 36:20
  all time highs in October 26th and look, it hit all time high
• 36:23
  126 on October 26th. Look, bro, four year cycle
• 36:27
  intact. And therefore they're trading,
• 36:30
  they're trying to get a, you know, sell tops, you know, to
• 36:33
  buy lower. Though.
• 36:35
  I'm not going to lie, my friend had a pretty good call.
• 36:37
  You know, if you are more of a trader type, you could be
• 36:40
  calling some local tops and buying local bottoms.
• 36:43
  But I just, I just don't see the prolonged bear market playing
• 36:48
  out like it used to, specifically because what Matt
• 36:51
  Hogan said at the very end, every institution.
• 36:56
  On Wall Street is very seriously taking.
• 37:00
  Bitcoin into consideration whether it's allowing Bitcoin
• 37:03
  ETFs, whether it's launching their own Bitcoin products,
• 37:06
  whether it's doing Bitcoin backed loans, whether it's some
• 37:10
  form of custody, whether it's just allowing Bitcoin in, you
• 37:14
  know, their trading accounts. It's like they are taking
• 37:18
  Bitcoin seriously. And 1 little tidbit on that clip
• 37:21
  that I wasn't really aware of is Matt Hogan.
• 37:24
  He's like look, every time we've talked to an institution it's
• 37:26
  taken about 8 meetings for them to very seriously consider
• 37:31
  allowing Bitcoin. And if that is on a quarterly
• 37:33
  basis, what's that about two years?
• 37:37
  I mean, the timing for 2026 for these institutions to come into
• 37:41
  Bitcoin in full force is playing out exactly as he just described
• 37:46
  yes, the ETF was launched in 2024.
• 37:49
  It's been, you know. Roughly 2 years, but only
• 37:54
  recently in 2025 did we see a lot of the institution's start
• 37:58
  to come out and be like, look, Bitcoin's going to do something.
• 38:01
  We need to get into this and I think the biggest kind of
• 38:04
  smoking gun scenario is what we saw from JP Morgan.
• 38:10
  They flooded strategy, they flooded Bitcoin.
• 38:14
  Turns out, of course, they own a lot of stock in strategy.
• 38:19
  Then basically at the extreme bottom of this last dump, they
• 38:24
  launched the Bitcoin product. I I think it's all playing out
• 38:27
  exactly as I've been saying for a while.
• 38:29
  The institutions are taking our lunch.
• 38:32
  If you are trading right now, you are trading against the
• 38:35
  behemoth that is Wall Street. And personally, I know I can't
• 38:40
  match that. So what do I do?
• 38:42
  I just store my Bitcoin. I accumulate more Bitcoin.
• 38:46
  I shit post about Bitcoin and life's good, man.
• 38:50
  I, I'm, I'm just not convinced we're going to see an extreme
• 38:54
  draw down like we've seen in the past.
• 38:57
  I as of now, my thesis has been pretty good.
• 39:00
  While Nico was calling 30K, when we dropped to the, you know, 80K
• 39:05
  lows, I told you guys, I think it's going to go sideways.
• 39:09
  What's the price done? It's gone sideways.
• 39:11
  I'm just saying I think we are underestimating what an
• 39:16
  unlimited bid looks like. I think we're totally
• 39:20
  underestimating what it looks like when institutions want to
• 39:23
  accumulate a position. If you are watching like the one
• 39:26
  hour charts right now, if you're watching what's happening in the
• 39:29
  leverage, they're cleaning up out there.
• 39:32
  They're cleaning all of the leverage.
• 39:34
  You know, one hour they're they're killing all of the
• 39:38
  shorts. The next hour they're killing
• 39:41
  all of the logs. Like the chart on the one hour
• 39:43
  is just Bart central. It's up, it's down, it's up,
• 39:47
  it's down, it's sideways. It's dude, they are cleaning up
• 39:52
  in leverage right now. And in from my perspective, it's
• 39:54
  essentially saying they want your coin.
• 39:56
  So the only way to ensure that you don't give them your coin is
• 40:01
  you don't trade it. You just accumulate and you put
• 40:03
  it in the cold storage. That is the winning play.
• 40:06
  The winning play is long term. You want to accumulate this for
• 40:10
  the long term. Especially now that we have all
• 40:13
  the biggest institutions and all of the nation states starting to
• 40:17
  really talk about getting into Bitcoin.
• 40:19
  You think you're going to out trade, You know all of these
• 40:22
  institutions like you're literally picking up nickels in
• 40:25
  front of a steamroller. Yes, we all want more Bitcoin.
• 40:28
  Yes, you want the dopamine rush of 100 X leverage win here.
• 40:33
  But don't play those games. Just acquire Bitcoin, take it
• 40:37
  into cold storage because who knows what is going on.
• 40:40
  I think Max Payne has always been that the true believers are
• 40:44
  trying to trade tops and bottoms right now and a tsunami comes
• 40:48
  in. Bitcoin just does what gold and
• 40:50
  silver's done. The meme of, oh, you know,
• 40:53
  Bitcoin's market cap is so big it can never, it can never get,
• 40:57
  you know, 100 X 200 X Games here anymore or 100% on the year.
• 41:03
  Gold just blew that out of the water.
• 41:05
  Silver just blew that out of the water.
• 41:07
  They have bigger market caps. Why don't you think Bitcoin can
• 41:11
  do that? Stay humble stack sat stay
• 41:13
  solvent. This is the way I could be
• 41:16
  wrong, but I'm I'm I'm becoming more and more convinced by the
• 41:20
  day that we're we're not going to see an 80% draw down like
• 41:25
  we've seen in the past. I think it's going to go
• 41:27
  sideways and then we're going to start ripping here soon.
• 41:29
  So that's my case. That's what I've been telling
• 41:32
  you guys. That's how I'm thinking of this
• 41:34
  and if I'm vindicated, then you guys can all point back to my
• 41:38
  old shows and be like look, somehow Opti got it right.
• 41:40
  Somehow the 42 IQ macro quant at simply Bitcoin got it right.
• 41:46
  That'll be that'll be the day when I really hit the map is
• 41:48
  when I call this right when me and British hot or are the only
• 41:51
  ones that stayed bullish throughout this and everyone got
• 41:54
  bearish shame on you guys, shame on you all right, guys, Opti
• 41:59
  classified CEO. I don't know about that dude.
• 42:02
  I'm just look, look, my whole thing was I know what Bitcoin's
• 42:08
  done, but it didn't do what I thought it was going to do this
• 42:13
  year. So you guys saw me mid year.
• 42:16
  I started to look into what's going on in the macro landscape,
• 42:19
  what Trump's doing, what all these tariffs are doing, what's
• 42:22
  going on globally, and then seeing Bitcoin is being accepted
• 42:26
  and all of that. And so I had to fundamentally
• 42:28
  update how I view this. And a lot of it was, was going
• 42:31
  into, you know, posts and and articles that I didn't even
• 42:35
  fundamentally believe in. But as the year progressed, all
• 42:39
  I can, what I kept thinking was there is something going on
• 42:42
  here. There is a monetary reordering
• 42:44
  happening and just trying to find where Bitcoin's position is
• 42:48
  in that. And I think it it's it's going
• 42:51
  to become the thing like my thesis on Bitcoin hasn't
• 42:54
  changed. I think Bitcoin will be the
• 42:57
  fundamental best performing asset period moving forward.
• 43:00
  Yes, gold and silver had a good year on us.
• 43:03
  You know, I'm, I'm not one of these haters, these doomers.
• 43:06
  I'm like, yo, if you've been holding gold or silver for a
• 43:08
  decade, you know, here's your flowers.
• 43:11
  You guys were right. Like we all have the same
• 43:14
  fundamental thesis. They're just outperforming us
• 43:16
  this year. And I'm not, I'm not one of
• 43:18
  these haters that's like mad at silver or gold for doing what it
• 43:21
  does. You know, I congratulated my dad
• 43:24
  over the holidays. I'm like, dude, good trade, bro.
• 43:27
  Your silver's up, your gold is up.
• 43:29
  Like, good trade, bro. But we're fundamentally built
• 43:32
  from the same cloth. Anyways, enough of that.
• 43:35
  I'll be right back. One more commercial and then
• 43:38
  we're going to go into the silver drama.
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• 46:13
  All right, guys. So you guys know we've been,
• 46:16
  we've been, we've been trying some stuff up.
• 46:19
  So I got Eric here, which is the CEO and the public board and
• 46:24
  author of Coin Lords, the Bitcoiner comic.
• 46:26
  You guys know, you guys know about Coin Lords.
• 46:29
  So Eric, thank you so much for coming on today's show.
• 46:32
  Hopefully we troubleshoot it on the back end.
• 46:35
  I I know you can hear me, but can I hear you?
• 46:37
  How you doing today? I'm doing great man, can you
• 46:40
  hear me? I got you loud and clear.
• 46:41
  I got you all right, cool, we are good to go.
• 46:43
  You guys. We're we're we're adjusting
• 46:45
  things here a little bit on the show so that we can give you
• 46:48
  guys, you know a lot of content. But all right, so Eric, I am
• 46:52
  going to go into what's going on in the silver markets, you know,
• 46:56
  right before we go into the culture and talk about coin
• 46:58
  Lords. So if you got thoughts on the
• 47:00
  silver markets, you know, by all means jump in.
• 47:03
  If not, I could RIP too and we can continue the combo in the
• 47:06
  culture. But here we go, guys.
• 47:08
  Here's a good headline here and then I'll kind of I'll dive into
• 47:12
  all the rumors and speculations and all of that stuff of what's
• 47:15
  going on. But I think this is a good
• 47:17
  headline coming from Yahoo. So Bitcoin attracts capital
• 47:20
  flight as silver futures margin call crisis triggers liquidity
• 47:24
  shot. Wow, that was a tongue twister.
• 47:27
  All right, so if you aren't familiar with what's going on
• 47:31
  over the weekend, silver hit an all time high.
• 47:34
  It went basically to $84 and then it collapsed 10% literally
• 47:39
  in like an hour. So as we've been watching the
• 47:42
  last couple of weeks, silver's been running, which is the trend
• 47:46
  we've been seeing all year long. Gold ran, then silver went
• 47:49
  parabolic. And as Bitcoin as we're just
• 47:51
  sitting here like, what the hell is going on?
• 47:53
  Like when is it bitcoins turn to run?
• 47:56
  But what this, I think, is telling us about not only just
• 48:00
  the economy in. General, but what traders kind
• 48:04
  of perspectives are or a kind maybe what their fears are?
• 48:07
  I think it's probably the bigger picture.
• 48:09
  And I don't know if you guys were on Twitter, but Elon Musk
• 48:12
  is tweeting like, well, this is not good because of course
• 48:15
  silver is used in a lot of chips and manufacturing like the
• 48:18
  utility use of silver is. What's the main importance going
• 48:23
  on in the, the broader macro picture, though?
• 48:26
  There are silver bugs out there that look at silver like a, you
• 48:30
  know, a monetary asset that of course silver coins are cool.
• 48:33
  You can buy, you know, ounce of silvers.
• 48:37
  So like there, there are people that, that still believe in
• 48:40
  silver as a monetary asset. From my perspective, I, I always
• 48:44
  joke that, you know, silver's been demonetized for a long
• 48:47
  time. So, you know, have fun with your
• 48:48
  silver. But hey, I love a, you know, I
• 48:51
  love a silver. Eagle Coin.
• 48:52
  I'm totally guilty of that, bro. I'm totally guilty.
• 48:55
  Like, you know, and you know, to my defense, I bought silver way
• 48:59
  before I knew about Bitcoin. It was, you know, I kind of
• 49:02
  recognize anyone that's read like iron Randall is shrugged
• 49:04
  and and really got a got a sense of, you know, what's going on at
• 49:07
  a macro scale is like, OK, well, there's something that we have
• 49:10
  to hedge against. So I was buying silver and gold
• 49:12
  way before I knew a Bitcoin, but I've held it on principle just
• 49:16
  because, you know, holding a coin like that, you know what I
• 49:20
  think that anyone that hasn't done it yet, just hold a gold
• 49:25
  coin in your hand, feel its way, feel a whole oz coin of gold to
• 49:30
  to know what it feels like to hold something that that's had,
• 49:34
  you know, genuine wealth for thousands of years, not this
• 49:37
  paper bullshit like holding something that has that kind of
• 49:39
  weight. It changes your perspective on
• 49:42
  what value is and what money was supposed to be and what it's
• 49:45
  supposed to represent. And I'm not saying buy it or
• 49:48
  whatever. I mean, you know, obviously
• 49:49
  stack stats, but maybe if you just buy maybe one or something,
• 49:52
  but just just just hold it is all I'm trying to say.
• 49:54
  And, and think about there was a time when that was the
• 49:58
  representation of true wealth, when a physical metal like that
• 50:03
  for thousands of years was the only way or the best way to
• 50:05
  store wealth or, or, or do a transfer or do an exchange in a
• 50:08
  system. Just get that feeling and and
• 50:11
  then sort of, you know, look at Bitcoin differently or then look
• 50:13
  at the world a bit differently. But anyways, I'm totally guilty
• 50:15
  of holding those silver coins. And yeah, I got like a whole
• 50:18
  like, you know, thing of them. You just, you hear that sound,
• 50:20
  man? It's, it's, I know this is
• 50:22
  probably the wrong visual for holding silver, but you jiggle
• 50:26
  your silver in your hands and it changed your perspective of
• 50:29
  money. Yeah. 100% Hey, look, I've told
• 50:32
  this to everyone on the show before as well.
• 50:34
  Look, I, I'm not a gold bug, but when you hold gold, you know,
• 50:38
  like there's something to it, it like it makes you tell it
• 50:42
  better, you know, not not just its weight, but like I, I think
• 50:45
  it's like the conductivity of gold.
• 50:47
  You're just like, oh man, I feel so good.
• 50:49
  Anyway, anyway, let me let me to get back to the silver markets,
• 50:52
  which I think I saw someone in the chat like who like who cares
• 50:55
  about what's going on with silver?
• 50:56
  I think this is telling us a lot about what's going on in just
• 50:59
  the macroeconomic picture at large.
• 51:02
  So at the center of what we saw go with silver hit all time high
• 51:06
  to $84 and then its subsequent kind of 10% crash was this
• 51:10
  rumor. It was an unverified report
• 51:13
  circulating on Twitter that a systemically important bank
• 51:17
  failed to meet a massive silver margin call and was forcibly
• 51:20
  liquid by a futures exchange in the early hours of December 28.
• 51:24
  Now this is again unsubstantiated and we we can't
• 51:28
  really find any actual source material that this is true.
• 51:33
  Though you know, I wouldn't be surprised if we see some
• 51:36
  floating bodies down the river soon, but as of now, this is
• 51:39
  pure rumored speculation, most likely fake news.
• 51:42
  But what did come out after this was very interesting because of
• 51:46
  the official rumor was essentially like JP Morgan filed
• 51:50
  with the SEC and they got liquidated and yadda, yadda.
• 51:54
  That was never, that was just basically fake news.
• 51:58
  But what we did see is that JP Morgan did flip from short
• 52:03
  selling silver to going long on silver.
• 52:07
  And I think that is kind of the big news that we're seeing here
• 52:10
  where it's like, OK, look, silver's running.
• 52:13
  A lot of people are. Saying that, you know there's a
• 52:15
  bank that's going to blow up because of silver margin calls,
• 52:18
  but in reality, JP Morgan just became the.
• 52:20
  Biggest holder in silver, which is showing you a lot of things
• 52:24
  going on in the, in the economy at large.
• 52:27
  And of course a lot of people like, since this is a Bitcoin
• 52:30
  show, it's like what, what's this matter for Bitcoin?
• 52:32
  Like I, I don't care what's going on in silver.
• 52:35
  I'm not holding silver. I, I'm, I'm sick of applauding
• 52:38
  gold and silver do a run. I want to know what this is
• 52:41
  going to do to Bitcoin. And of course, this is probably
• 52:46
  where there's a lot of speculation.
• 52:47
  A lot of people are saying, hey, once gold kind of cools off,
• 52:50
  it's going to flow into Bitcoin. When silver cools off, that's
• 52:53
  going to flow into Bitcoin. I don't necessarily believe that
• 52:55
  that's the case. I don't think they have to crash
• 52:58
  for Bitcoin to go up. I think what this is showing us
• 53:01
  is the general de dollarization trend that we are seeing go
• 53:05
  around the world. No one wants treasuries.
• 53:07
  They either want gold or you know, maybe they want some
• 53:10
  silver right now. But I think that's the greater
• 53:12
  trend that we're seeing right now is people are looking away
• 53:15
  from Fiat money. That's the greater trend that
• 53:19
  we're seeing. People do not want to to hold
• 53:21
  Fiat money because there is so much uncertainty, because there
• 53:24
  has been a lot of fraud being uncovered in the last couple of
• 53:27
  weeks. Everyone is starting to realize
• 53:29
  what we've realized a long time ago, that the trust in these
• 53:33
  institutions is corroding in real time.
• 53:36
  The demise of Fiat money is happening in a slow motion train
• 53:41
  crash right now. And we are, you know, we're like
• 53:45
  the the big short right now. We're just so early that we look
• 53:48
  dumb and we're wrong. That's where we are right now so
• 53:51
  here we go while metal traders were being forced out, Bitcoin
• 53:53
  began moving in the opposite direction.
• 53:55
  Crypto Rover noted that silver dropped roughly 11% as crypto
• 53:59
  prices began to surge. This is a little outdated
• 54:00
  because pick one did go up and then it crashed.
• 54:02
  So you know this this is a little outdated.
• 54:05
  So, you know, Bitcoin did kind of catch a little bit of it.
• 54:08
  It did hit 90K and then it crashed to like 87 K.
• 54:12
  But we are starting to see that like the collapse story is
• 54:17
  fiction, but the position flip from JP Morgan filed with the
• 54:21
  SEC is real. And the distinction matters for
• 54:24
  us 'cause the key signal was not a headline, rather it was how
• 54:27
  fast liquidity moved once leverage cracked.
• 54:30
  And of course we all knew 20. Yeah, December 26th, the whole,
• 54:35
  you know, options expiry box options expiry happened.
• 54:38
  So this is what we are starting to see.
• 54:43
  There has been historical for better, worse way to put it,
• 54:48
  price manipulation in gold and silver.
• 54:50
  But once those mechanisms are stopped or cleared, you see how
• 54:55
  fast gold and silver can run. And I think that's kind of what
• 54:58
  we're seeing right now with with Bitcoin as well.
• 55:01
  We're seeing the institutions, I believe wanting to, you know,
• 55:05
  get a good position in Bitcoin. This is why again, as I've been
• 55:08
  telling you, the start time or rather the the you know, you
• 55:13
  know, the opening position for Wall Street to get into Bitcoin
• 55:16
  was 100K. They wanted to get a discount.
• 55:18
  We've been seeing a lot of manipulation on the leverage
• 55:21
  price kind of action bunch of longs liquidated, bunch of
• 55:25
  shorts, liquidated Bitcoins been kind of squeezed in this 80 to
• 55:28
  90 K range. But it does seem that on Friday,
• 55:33
  most of the options and leverage expired.
• 55:36
  Obviously, there's probably some front running where they're
• 55:39
  repositioning themselves. But we do know that once all of
• 55:43
  the leverage gets cleared, then Bitcoin can fundamentally start
• 55:46
  moving how it usually moves, just pure supply demand
• 55:50
  dynamics. So very interesting stuff to to
• 55:53
  say the least. And what's going on with silver
• 55:56
  from a more like doomer perspective, I think it is kind
• 55:59
  of showing us that there are cracks in the system and people
• 56:02
  are calling their bluff, calling the dollars bluff in gold and
• 56:05
  silver. And I think that is like the
• 56:07
  greater trend we're seeing. A lot of people are looking at
• 56:10
  the same data we're looking at and they're like, yeah, I do not
• 56:14
  want to be in dollars. I need to buy assets, whatever
• 56:17
  asset that is, because as I said in the beginning of the show, I
• 56:21
  think we're on the verge of a melt up scenario and we're
• 56:24
  seeing gold and silver melt up in real time.
• 56:27
  Now. I just think, you know, we, I
• 56:29
  guess we got to have a little patience to see Bitcoin melt up
• 56:32
  as well, because, you know, I'm not going to lie, guys, it, it
• 56:35
  hasn't felt good watching gold and silver run while bitcoins
• 56:39
  been that literally every, every asset but Bitcoin has been
• 56:43
  running this year. And I think that's all part of
• 56:46
  the plan. Like I, I think they wanted us
• 56:48
  to capitulate our Bitcoin and some people did and I'm, I'm,
• 56:52
  you know, I'm just glad that I didn't and I, I want to be
• 56:55
  vindicated and see Bitcoin melt up as well.
• 56:58
  And you know, I don't want to do the like, Ha ha, I told you so,
• 57:02
  but you know, I'm going to be doing that and I, I feel bad for
• 57:05
  my friends are going to get caught off side.
• 57:07
  So anyways, enough ranting Eric, since you do.
• 57:10
  Have a little. More experience with Silver
• 57:12
  What? What are your views watching
• 57:14
  Silver run into all time highs like we saw over the weekend?
• 57:17
  And then did you? Did you catch the rumors about a
• 57:19
  bank being insolvent and getting liquidated?
• 57:22
  What's your thoughts on this whole saga?
• 57:25
  Like I've been holding silver since probably 2000.
• 57:29
  I guess 14 or 15 or 13 or something like that is when the
• 57:32
  first time I jumped in, which was a bit before I heard about
• 57:35
  Bitcoin. And, you know, obviously it's
• 57:39
  nice to see something you're holding go up, but that's the
• 57:41
  thing. You got to look at the big
• 57:42
  picture. You look at the big picture
• 57:43
  perspective, like in the last, you know, year, sure, we're
• 57:46
  looking great. But if I had to bought Bitcoin
• 57:49
  in 2013 and put the same amount of money in Bitcoin or put half
• 57:52
  of it or put 10% of that money into, into Bitcoin and, and
• 57:56
  swapped it over in stored value that way instead, it would be a
• 57:59
  very different story. So there's so much short term
• 58:02
  thinking that I, I see in the market And, and I get it.
• 58:04
  That's, you know, when the price chart moves or number goes up or
• 58:07
  number goes down or someone makes a move or, you know, a
• 58:09
  politician makes a statement, that's, it gets people excited,
• 58:11
  it gets people engaged. And, and that's what, you know,
• 58:15
  brings attention to this ecosystem, which is, you know,
• 58:17
  why you cover so much of this in the show.
• 58:19
  And I'm grateful for it 'cause I don't have time to, to look at
• 58:21
  every single detail, But I, I always tell people to, to look
• 58:24
  at the macro perspective. And sure, like my Bitcoin, my,
• 58:28
  my silver just went up more than my Bitcoin, technically
• 58:31
  speaking, within a shorter time span.
• 58:33
  But if you just zoom out a little bit, you know, the joke's
• 58:35
  on me, right? The joke's on me for a holding
• 58:37
  silver a long time ago and for not giving Bitcoin a proper due
• 58:40
  diligence way back in 2013. Fourteen.
• 58:43
  And I think that everyone needs to really, you know, let that
• 58:46
  sink in for a second that this isn't a a six month game.
• 58:50
  It's not a one year game, it's not a two year game and it's not
• 58:53
  a 10 year game, right? This is 100 year game.
• 58:55
  We're talking about generational wealth that's being destroyed or
• 59:00
  generational wealth that's being created and saved, right?
• 59:04
  And so we have to look at the macro if we're going to look at
• 59:07
  and compare anything to Bitcoin, right?
• 59:09
  We could, we could look at how the price went down in Bitcoin
• 59:11
  today and how the, the price of, you know, shoes went up.
• 59:15
  You know what I mean? It's like anything is weird when
• 59:18
  you look at it in the small, in the small scale capacity.
• 59:20
  But on the big one, I, I wish I had have taken Bitcoin a little
• 59:24
  bit more seriously back in 2013 and 14.
• 59:26
  I just, I just didn't. So the, the best time to, to do
• 59:29
  something right was yesterday, but the second best time to do
• 59:33
  something right is today. I'm not buying any more silver,
• 59:36
  right? I'm stacking sats.
• 59:38
  And that's what I think we should always be doing.
• 59:39
  If we all believe in having a long term prosperous future in,
• 59:42
  in a, in a economy that's stable and finding a, a way to resolve
• 59:45
  national debt and in a sustainable way forward, then we
• 59:47
  should be stacking sats, right? If you're, if you're into the
• 59:50
  short game and just trying to stack Fiat, sure, go buy some
• 59:54
  silver and play with it, I guess if you want, right.
• 59:56
  And, and now again, like I, I do like to hold a little bit of
• 59:59
  silver. So I think there's a there's a
• 1:00:00
  value in having, you know, that experience.
• 1:00:03
  But but in terms of storage of wealth, I think there's a lot of
• 1:00:06
  better ways to do that. And and I think you know some of
• 1:00:09
  the concerns obviously with with.
• 1:00:11
  The the economic impact of, of silver going up are, are valid,
• 1:00:14
  but they're, they're a separate topic than storage of wealth and
• 1:00:17
  dealing with government corruption and watching all of
• 1:00:19
  our wealth deteriorate through inflation.
• 1:00:20
  Well, you know, we go out and and drink because it's New
• 1:00:23
  Year's Eve. You know, there's some.
• 1:00:25
  So anyways, that, that's a little rant for me, but you
• 1:00:27
  know, Bitcoin is stacking stats is the way to go.
• 1:00:30
  And, and my perspective on silver is, is in summary, just
• 1:00:33
  that it's, I would have been a lot better stacking sats.
• 1:00:36
  And I hope that I don't ever repeat that error and that no
• 1:00:39
  one else can say, damn it. You know, I, I, I heard Eric
• 1:00:42
  and, and Opti talking on simply Bitcoin and I, I bought silver
• 1:00:45
  because it was exciting and I wish I bought sats.
• 1:00:47
  I hope no one runs into that in five years from now.
• 1:00:49
  Yeah, no, 100% I I to your point of, you know, in a in a this one
• 1:00:56
  year time frame, like I think we could give the gold bugs and the
• 1:01:01
  silver bugs all of all of their flowers, all of their dudes
• 1:01:04
  because. Oh wait, 10 years for that run
• 1:01:06
  he's deserved. Exactly, exactly.
• 1:01:10
  Like, so I just went home and, and, you know, spent holidays
• 1:01:14
  with my family and I, I talked to my dad who's like, he's he,
• 1:01:19
  he's a gold bug. He's a silver bug.
• 1:01:21
  And I was telling him I'm like, I was asking him.
• 1:01:23
  I'm like, yeah. So like, at what price did you
• 1:01:25
  buy silver? And how long have you been
• 1:01:27
  waiting? And he's like, oh, it's a great
• 1:01:29
  investment. You know, like I doubled or
• 1:01:31
  tripled my money, but it's been like 10 years or something like
• 1:01:34
  that. And you're like, OK, I think
• 1:01:37
  actually it was longer. I think he said like maybe 1020
• 1:01:39
  years. And I'm like, all right, well,
• 1:01:41
  hey, you know, I'm, I'm, I'm happy for you, dad.
• 1:01:44
  I'm glad you're, you finally made your money.
• 1:01:46
  I'm glad your investment's paying off, But I don't know if
• 1:01:49
  I could have waited 1020 years for, you know, to really climb
• 1:01:53
  out of a bear market like that. But in the short term, it is
• 1:01:56
  interesting to see what's going on on Twitter.
• 1:01:58
  All the silver bugs are coming out like you crypto guys are
• 1:02:01
  idiots. You know, I, we, we, we got, I,
• 1:02:03
  I, I don't even know what the gains are.
• 1:02:05
  Like 70% saying gains on the year.
• 1:02:07
  Man, it happened so quickly. And you're like, yeah, but you
• 1:02:10
  know, zoom out. Since Bitcoin's creation, you've
• 1:02:13
  missed out on a lot of games. If you only care about the Fiat
• 1:02:15
  games, you're missing out on a lot of them if you're not buying
• 1:02:18
  Bitcoin. So totally agree with that.
• 1:02:20
  You know, 200% gains sounds wonderful, but you spread it out
• 1:02:24
  over 11 years or 10 years, you're looking at 19% annual.
• 1:02:28
  And there's a lot of stocks that outperformed that ROI.
• 1:02:31
  This is an enormous amount of stocks.
• 1:02:32
  It's just a little bit over, you know, a moderate portfolio in a,
• 1:02:36
  in a standard mutual fund really at that point.
• 1:02:38
  So it's, it's, you know, it, it's exciting to look at a small
• 1:02:41
  chart and, and, you know, say that it was the best investment
• 1:02:45
  ever. But, but yeah, if you look at
• 1:02:46
  the macro and, and you compare it side by side to a Bitcoin
• 1:02:49
  chart, there is no comparison. It's embarrassing to say that
• 1:02:53
  silver outperformed Bitcoin when you look at the the the macro
• 1:02:56
  chart because it's not true. Yeah, 100% couldn't agree more,
• 1:02:59
  couldn't agree more. But hey, you know, I'm I'm gonna
• 1:03:01
  let my dad enjoy this moment. I'm I'm gonna let him enjoy this
• 1:03:04
  one, but. I'm still not selling myself.
• 1:03:05
  Silver I still want to hold like some an idiot you know I can't
• 1:03:08
  help it right Hey it does feel good you know like the one thing
• 1:03:12
  precious metals and gold bugs and silver bugs have on us is
• 1:03:16
  that you can actually hold your gold and silver OK you know I I
• 1:03:19
  can hold I can hold my my hardware wallet, but I can't
• 1:03:22
  actually hold a Bitcoin in my hand so I.
• 1:03:25
  Get this to trump this on. That one.
• 1:03:27
  Yeah. And and that's The thing is
• 1:03:28
  that, you know, everyone right now in in North America has been
• 1:03:33
  holding paper. They've been holding something
• 1:03:35
  fake, right? And ever since 1971 gold
• 1:03:39
  standard was clearly removed. There's been no true holding
• 1:03:42
  money in your hand, that that's not a thing that people do.
• 1:03:45
  It used to be the case that paper money represented real
• 1:03:48
  money, but it's not. And so to hold that coin, like I
• 1:03:51
  said earlier, it's it's the first time that I truly held
• 1:03:54
  actual money, actual value, not something that's been, you know,
• 1:03:58
  ponsified and scammed and, and just, you know, diluted so that,
• 1:04:02
  you know, and it and it changes the concept to to think of money
• 1:04:05
  differently that way, to really acknowledge that in one hand I'm
• 1:04:08
  holding this piece of paper and the other hand I'm holding
• 1:04:10
  something heavy that's real, that's worth the experiment
• 1:04:14
  alone. And then and then of course the
• 1:04:15
  natural question happens and you go to stacks at so then you
• 1:04:17
  can't hold anything again. Full circle.
• 1:04:21
  Time's a flat circle. Time's a flat circle.
• 1:04:23
  Oh, man. All right, guys, one last
• 1:04:26
  commercial break and we'll be right back to talk with Eric
• 1:04:29
  about Coin Lords, the Bitcoin comic.
• 1:04:32
  We'll be right back in one minute.
• 1:04:34
  I want to give a shout out to our partner Hive Digital
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• 1:06:30
  All righty then, guys, we are back before I show everyone
• 1:06:35
  something really cool that Eric did.
• 1:06:37
  Let's let's talk about coin Lords real quick and then we'll
• 1:06:39
  talk about what what you're working on besides Coin Lords.
• 1:06:42
  Let me let me pull up your website real quick.
• 1:06:46
  And for those that don't know what is coin loads Eric and what
• 1:06:50
  is the mission here? And then I'll talk about your
• 1:06:52
  other missions that you're doing that we were a part of.
• 1:06:56
  Thanks Coin Lords. It's an artistic exploration
• 1:06:59
  into what? What does it look like when
• 1:07:01
  Bitcoin reaches its end goal? You know, what does the future
• 1:07:04
  look like when corruption is abolished?
• 1:07:06
  When productive free minds are liberated to produce value
• 1:07:09
  unhindered? Like anywhere.
• 1:07:11
  Before you think of it, anyone that's read out the shrugs from
• 1:07:15
  Ayn Rand and and knows about John Galt and the Gulch Gulch.
• 1:07:19
  You know, what if the Gulch became a planet, right?
• 1:07:22
  And and what if government stepped out of our way and
• 1:07:24
  allowed the most productive minds on this planet to to
• 1:07:28
  produce without any hold backs? What does that mean for
• 1:07:31
  nanotechnology and space travel and for just general consumer
• 1:07:36
  products and for farming and for, you know, fill in the blank
• 1:07:40
  metaphysics and and you know, manipulating our amino acids to
• 1:07:43
  extend human life. Like what does that what does it
• 1:07:45
  look like when we have nothing standing in our way from the
• 1:07:48
  most productive minds to enhance our species?
• 1:07:51
  And you know, Star Trek has their own version and Star Wars
• 1:07:54
  has a version and every sci-fi nerd out there has their own
• 1:07:57
  version And and coin Lords is, is my interpretation of it,
• 1:08:00
  right? It's it's not something I do for
• 1:08:02
  money. It's not something I intend to
• 1:08:03
  make money from. It's to help bitcoiners truly
• 1:08:06
  control the narrative as we go into mainstream.
• 1:08:09
  You know, one thing that would make me really sad is to see a
• 1:08:13
  future where the first major Bitcoin show or Bitcoin series
• 1:08:17
  or Bitcoin narratives hit mainstream in a way that does
• 1:08:20
  not truly represent the Bitcoin or philosophies or ideologies.
• 1:08:23
  You know, something that it incorporated.
• 1:08:25
  You know, that, that had a bunch of shit coins in there or had,
• 1:08:27
  you know, CBD CS in there or something that, you know,
• 1:08:31
  perverted the, the narrative that we all believe in so
• 1:08:33
  strongly. So the coin Lords is a, a
• 1:08:35
  glimpse into 500 years in the future when Bitcoin does succeed
• 1:08:41
  on another planet, just like Earth.
• 1:08:42
  And, and, and that allows our species to excel in, in every
• 1:08:47
  aspect. And so our, our lifespans get
• 1:08:50
  longer, right? Our, our ability to, to inhabit
• 1:08:53
  other planets happens, our ability to construct
• 1:08:55
  civilizations with nanotech and, and quantum mechanics really
• 1:08:59
  becomes materialized. And so we become an
• 1:09:02
  interplanetary species with, you know, 200 planets.
• 1:09:04
  And when we, when we start to expand in different planets, you
• 1:09:06
  know, you end up with unique scenarios where some planets
• 1:09:09
  embrace freedom and other planets revert back into, you
• 1:09:13
  know, determinism and back into like a George Orwell 1984
• 1:09:16
  theory, which is what you see on, on the, on the, the
• 1:09:19
  animation right there. And so you get these conflicts
• 1:09:22
  that are more interplanetary. So instead of having your
• 1:09:24
  little, you know, our little Bitcoin community online or
• 1:09:28
  living in Galt's Gulch like a nine Rand, we have an entire
• 1:09:30
  planet of maximalists that live on planet Satoshi that
• 1:09:33
  essentially represent and and uphold what freedom is meant to
• 1:09:36
  be across the Galaxy. And they, they sense like the
• 1:09:41
  sensors that can detect a free money that's watched V for
• 1:09:44
  Vendetta. If you remember when V freed his
• 1:09:47
  mind from his prison and then goes through the same process
• 1:09:50
  with Evie. And Evie needs to free her mind
• 1:09:52
  and prove that she freed it. And in order to to be in in the
• 1:09:55
  inner circle, anyone that's read, you know, shrugged again.
• 1:10:00
  John had had created a technology that can sense a
• 1:10:03
  human's voice and determine whether or not it's an honest
• 1:10:06
  vibration or a live vibration. And it'll, you know, it'll allow
• 1:10:10
  someone to unlock a door or not or, or go into the the the Gulch
• 1:10:14
  or not. And so the brain emits a brain
• 1:10:18
  wave when it lies or, and when it does anything.
• 1:10:21
  And so this is a glimpse into a future where maximalist can
• 1:10:24
  actually detect when someone has freed their mind, like in V for
• 1:10:27
  Vendetta. And, and we'll go and rescue
• 1:10:29
  those people and work with them and help them go to the next
• 1:10:32
  steps in their, in their path and protect them when when
• 1:10:34
  needed. And so in, in the comic, it's,
• 1:10:37
  it's a whole lore, like a, like a Lord of the Rings lore.
• 1:10:39
  There's five different character archetypes.
• 1:10:41
  There's the maximalist, which is everything I've just described.
• 1:10:43
  And we all know what a maximalist is.
• 1:10:45
  There's a miner which is very Mandalorian in in essence, where
• 1:10:49
  miners live on a planet. So there was in the storyline,
• 1:10:53
  there was a planet Gox that got invaded by the hooded ones and
• 1:10:57
  was ultimately destroyed. And there was 2 girls that were
• 1:11:00
  rescued from planet Gox. And one of them was recruited
• 1:11:02
  into the mining society and saved into the miners universe.
• 1:11:05
  And the miners really live for mining.
• 1:11:08
  That's their, that's their modus operandi.
• 1:11:10
  And so they, they found a planet that was full of ice and dug
• 1:11:13
  down to the center to install a cave wave network, kind of like
• 1:11:16
  dwarves in Lord of the Rings to install their miners and borrow
• 1:11:19
  the cooling of the, the planet's natural ice.
• 1:11:22
  And in exchange, the heating slowly melted the, the, the
• 1:11:25
  planet's surface of ice to reveal a thriving ecosystem in,
• 1:11:29
  in like a symbiotic nature. But by being deep underground,
• 1:11:32
  they're protected from detection from the hooded ones deep under,
• 1:11:35
  under the Earth's under that planet's atmosphere.
• 1:11:37
  And another, it's it's surface. So that's the the mining world,
• 1:11:41
  which you know, you think about like a tattoo that has nanotech
• 1:11:45
  embedded in to it and just it absorbs that the heat from your
• 1:11:48
  body to do mining on a nano level is you have like a whole
• 1:11:51
  civilization of just people that are wearing nano tattoos that
• 1:11:55
  are mining just by being in existence, the ultimate
• 1:11:58
  decentralization of a mining network.
• 1:12:00
  And then you have the day traders that are kind of like
• 1:12:02
  the shamanistic version of my interpretation of shamanistic
• 1:12:08
  energy in a Bitcoin universe where the shamans can actually
• 1:12:12
  the day traders can sense fear and greed in a market or
• 1:12:14
  manipulate fear and greed. It's like an energy force.
• 1:12:16
  They can see and walk into any planet and instill fear on the
• 1:12:20
  population and capitalize on that fear to benefit themselves.
• 1:12:24
  So or they can do something good.
• 1:12:26
  They can. They can make, you know, bad
• 1:12:29
  people sell something they shouldn't and then wipe them
• 1:12:31
  out. So depending on their nature and
• 1:12:33
  how they're being, you know, guided in their own philosophy,
• 1:12:35
  they're gonna have a different impact.
• 1:12:36
  A hooded 1 is just a hacker. You know, back in the day, if
• 1:12:40
  anyone that's watched the movie Hackers, you know, with Angelina
• 1:12:42
  Jolie, remember, you know, crash and burn hackers were bad at one
• 1:12:47
  point. But really, how much different
• 1:12:49
  was a hacker than the old Seffer book mailing list?
• 1:12:52
  You know, there's actually a lot of good that comes from that.
• 1:12:54
  And what's bad about hacking A corrupt entity to reveal its
• 1:12:58
  truth? That's not bad at all.
• 1:13:00
  So it's all about perspective. So the hooded ones are, you
• 1:13:02
  know, good or bad depending on how you you interpret them.
• 1:13:04
  And then and then the final character archetype is the day
• 1:13:08
  trader, sorry, the, the developer.
• 1:13:10
  And in this world, we think about robotics being everywhere,
• 1:13:13
  nanotechnology creating or destroying civilizations in
• 1:13:16
  weeks instead of, you know, centuries.
• 1:13:19
  The software developer has a power that has, it's
• 1:13:23
  unprecedented to what we see today.
• 1:13:25
  When you can press a couple buttons and control a nuke, that
• 1:13:27
  gives a little perspective to the power and strength of a, of
• 1:13:30
  a software developer. But in the future, if you can
• 1:13:32
  construct or deconstruct an entire civilization using
• 1:13:34
  nanotechnology and the software that guides it, it gives a whole
• 1:13:37
  different perspective. So the the software developer is
• 1:13:39
  is held as like an Atlas in the in the universe.
• 1:13:42
  So I've been writing a whole lore on sub stack and developing
• 1:13:45
  it with all the different faucets that can go and coin
• 1:13:47
  loads is the first comic book, a physical comic book that you can
• 1:13:50
  hold and keep for yourself to understand what that story could
• 1:13:55
  look like. And in the comic is real people
• 1:13:58
  from the real world. If you look at that, if you zoom
• 1:13:59
  in on that, that front cover, you might, you know, some of you
• 1:14:02
  guys that might represent or recognize Dave Bradley Bitcoin
• 1:14:05
  brains or you know, Ben from BTC sessions is in there.
• 1:14:08
  And the idea is for the next issue to truly represent
• 1:14:11
  character visually that are truly a part of the Bitcoin
• 1:14:14
  community. So it's not all just dictational
• 1:14:16
  in my mind, it's no no real stories like planet Gox getting
• 1:14:20
  attacked, in other words, Mount Gox getting hacked.
• 1:14:23
  Those stories exist in a mimified way in the narrative,
• 1:14:27
  but also Nikko will have a character, right?
• 1:14:30
  And and Opti has a character and everyone that that is important
• 1:14:34
  in the Bitcoin world has a representation in, in the, the
• 1:14:38
  book as a character, something we can relate to, not just
• 1:14:40
  philosophic ideologically, but also, and not just in an
• 1:14:44
  entertainment sense, which it's, that's what's gonna help it go
• 1:14:47
  mass scale, but also in a visual sense, right?
• 1:14:50
  Wow, that's my character. And so the mission here is to to
• 1:14:53
  continue a true Bitcoiner ideology and philosophically
• 1:14:57
  guided narrative into the mainstream as ATV show as a
• 1:15:00
  comic, just like V for Vendetta went from a comic to ATV show
• 1:15:03
  and everything in Marvel started as a comic and went into the
• 1:15:05
  movies to have that evolution happen with a correct
• 1:15:08
  representation of Bitcoin or culture.
• 1:15:10
  So that's, that's my, my little passion hobby.
• 1:15:12
  I started doing in 19 seven, yeah, sorry, 19, 2017 when I was
• 1:15:16
  building my mining farm back in, in my garage, you know, just
• 1:15:20
  lying on my back and and plugging in Ethernet cables.
• 1:15:23
  And I thought, man, a, a comic book could be cool.
• 1:15:25
  So that that's really in, in a nutshell, what it is.
• 1:15:27
  It's comic book for Bitcoiners. I love it.
• 1:15:30
  I I love sci-fi. I'm a huge I I wouldn't call
• 1:15:33
  myself a sci-fi nerd, but I love watching sci-fi movies.
• 1:15:36
  They're they're like some of my favorites because of like the
• 1:15:39
  kind of the the general idea of like yes, guys, it is sci-fi.
• 1:15:43
  It is make believe, but it does kind of expand your mind when
• 1:15:47
  you, I, I loved watching Star Trek or of course, Star Wars or
• 1:15:53
  Battlestar Galactica, like those shows, whether they're real or
• 1:15:57
  not, I just love being immersed in, you know, very, I, I don't
• 1:16:01
  know, just like out there ideas of what the world's like and it
• 1:16:04
  makes you think about stuff. So I, I totally, totally love
• 1:16:08
  what you're doing. Though I do have one question in
• 1:16:11
  connection to the general theme here before I move on to the
• 1:16:14
  next thing you're working on without, without fully, I guess,
• 1:16:20
  you know, having a lot of spoilers for what the, the comic
• 1:16:23
  book is saying in it and, and where it ends in the arc of it.
• 1:16:28
  Could you compare it where we are currently 'cause I remember
• 1:16:31
  you were on the show a couple of months ago and at the time it
• 1:16:34
  seemed kind, it seemed way more out there than it is now.
• 1:16:37
  And while you were kind of redoing that.
• 1:16:39
  You know the Coin Lord's lore. I was like.
• 1:16:41
  Man, you know where we've we've come.
• 1:16:44
  Along a long, a long way since the last time you came on the
• 1:16:47
  show. Cause a lot of that is almost
• 1:16:50
  happening now in real time. And so anyways, is there a
• 1:16:53
  comparison to what the coin Lord's lore is saying to where
• 1:16:57
  we are now? Or like is, is this maybe the
• 1:17:01
  beginning? You know where.
• 1:17:03
  How would you compare the comic book to where we are in reality?
• 1:17:08
  It's, we've taken steps as a species towards exactly the
• 1:17:13
  outcome in the comic book. And it's not, I'm not trying to
• 1:17:16
  say that I'm prophesizing anything at all.
• 1:17:19
  I'm just looking at where we're headed, where is technology
• 1:17:22
  headed and where's Bitcoin headed and why and painting a
• 1:17:26
  future that that could reflect it.
• 1:17:28
  You know, I think Star Trek did their own version.
• 1:17:31
  Star Wars obviously did their own versions.
• 1:17:34
  One thing that's interesting, if you think about * Star Trek,
• 1:17:38
  there are only 200 years in the future when a lot of this really
• 1:17:41
  takes place in their storylines. 2300 years, which isn't a very
• 1:17:44
  long time to be looking at manipulating, you know, warp
• 1:17:48
  drives and time travel and all this kind of stuff, which, you
• 1:17:51
  know, it's very difficult to achieve that as a singular
• 1:17:54
  species based on where we're at today.
• 1:17:55
  So they really rely on the involvement of alien species
• 1:17:59
  that help with their technology that took them thousands of
• 1:18:02
  years to develop. And that's how we end up in a
• 1:18:04
  Star Trek environment of, you know, pressing a couple buttons
• 1:18:08
  and printing a glass of milk out of nowhere to thin air or
• 1:18:10
  transporting ourselves. But if we take that away and
• 1:18:13
  just look at the trajectory of, you know, how how our species is
• 1:18:17
  is evolving on our own, then we, you know, look at optimists
• 1:18:22
  coming out. And I know that Elon Musk is a
• 1:18:24
  polarized topic. So I'm not saying good or bad,
• 1:18:26
  but just look at the output. Look at where Optimus is at
• 1:18:29
  right now and look at where AI is today.
• 1:18:31
  Even just when I was on the show here before, the advancements
• 1:18:35
  are undeniable. The the ability to recreate an
• 1:18:39
  image or create a new image or create a motion picture or make
• 1:18:43
  music. I mean since I've been on the
• 1:18:45
  show last what Disney and and how many other large labels have
• 1:18:49
  signed on multi $1,000,000 deals with AI musicians.
• 1:18:53
  You know, six months, 12 months ago, that really wasn't a
• 1:18:57
  reality like musicians back then and and most people were like
• 1:19:01
  rejecting this concept of an AI artist being able to take over
• 1:19:05
  human production. But no, it's we're there now.
• 1:19:08
  The contracts are signed, the labels are signed.
• 1:19:10
  I mean, a lot of my friends out in Nashville are, are musicians
• 1:19:13
  and, and digesting what it means to now compete with AI producing
• 1:19:18
  lyrics that have, you know, hundreds of hours of energy put
• 1:19:23
  into 5 seconds of output that can spit out a song and now make
• 1:19:27
  $1,000,000 in and be signed in a label that's produced by an AI
• 1:19:31
  band that, you know, I was watching a dance routine the
• 1:19:35
  other day. Anyone that knows me knows that
• 1:19:37
  I you know, I have a competitive dance background and seeing
• 1:19:40
  humanoid robots doing backflips on a stage and doing a full
• 1:19:44
  choreographed dance routine to a large live audience in
• 1:19:47
  synchronization with a team of those humanoid robots is it's
• 1:19:51
  happened already. So like, and, and, and a lot of
• 1:19:55
  this, again, it's only 1-2 years old, if that.
• 1:19:59
  And if you take that little arc and, and look at that
• 1:20:01
  advancement in one to two years and amplify it forward
• 1:20:05
  exponentially for 10 years, 20 years, 30 years, then where
• 1:20:10
  we're going to be in the future is, is completely unrecognizable
• 1:20:13
  from where we are today. And that's why, you know, I
• 1:20:15
  started on the show here talking about looking at the macro
• 1:20:17
  perspective and looking at. The 10 year cycle of silver
• 1:20:20
  compared to Bitcoin or looking at just the the big picture in
• 1:20:24
  general and I said a lot of that last time I was here too.
• 1:20:26
  If you, if we stop looking at the micro in terms of price
• 1:20:29
  movement today or you know, a political move that happened
• 1:20:33
  today and we look at the 10/20/30 year trajectory, then
• 1:20:37
  we, we get a, a really interesting perspective of where
• 1:20:40
  we're headed. And I think it's so important to
• 1:20:42
  look not just at next year or the next five years, but to look
• 1:20:46
  at the next 30 or 40 years and ask yourself, where do you want
• 1:20:49
  your children to be aligned? What's the future that they're
• 1:20:53
  going to be living in? Is if we can't understand where
• 1:20:56
  we're going, then how do we understand what decisions make
• 1:20:59
  sense for today? And so, so one thing that I love
• 1:21:02
  about the Bitcoin community is that more often than not, we
• 1:21:05
  look not even at the distant future and we can see that the
• 1:21:08
  level of political corruption and, you know, deconstruction of
• 1:21:12
  our dollar in our, in our sense of what wealth really is, is at
• 1:21:16
  a rate that can't be ignored. So we're forced to look at
• 1:21:20
  alternative means of storing wealth in a, in a corrective
• 1:21:23
  action for our, our political governing bodies.
• 1:21:26
  And, and and that's, and I have to have to say, you know,
• 1:21:30
  anything that that you or I don't like in our political
• 1:21:34
  system right now, it's, it's really important to take
• 1:21:37
  responsibility on an individual level that I helped create the
• 1:21:42
  political climate that's unstable right now.
• 1:21:44
  And my parents and their parents helped create it.
• 1:21:46
  And it's so easy to just point a finger at, fill in the blank,
• 1:21:51
  any political leader and say, look, they're responsible,
• 1:21:53
  they're to blame, They're the problem, right?
• 1:21:56
  You know, Jamie Dimon's a problem or Trump's a problem or,
• 1:21:58
  or Biden's a problem. It's it's too easy to do that
• 1:22:01
  because the truth is, if all of us, if everyone listening onto
• 1:22:04
  the show and everyone in the world, if we all agreed to
• 1:22:08
  change out a political leader with someone else and we all
• 1:22:10
  just made that decision right now, today, it would be done by
• 1:22:13
  tomorrow. You can't stop, you know, 100
• 1:22:17
  million people from making a unanimous decision and moving
• 1:22:20
  towards it. Nothing.
• 1:22:21
  There's no entity in in the planet that can stop an entire
• 1:22:25
  population from making a decision in one way or another.
• 1:22:28
  That's not possible. So the only thing stopping a
• 1:22:31
  political leader from remaining in power is US.
• 1:22:34
  And the only thing that allowed them to get there was us as
• 1:22:36
  well. Now, maybe we were duped, maybe
• 1:22:38
  we were lied to. Maybe we're being lied to right
• 1:22:40
  now. And and that's happening
• 1:22:42
  obviously, you know, as we speak in in 100 different 100,000
• 1:22:45
  different ways. But if we take a second to
• 1:22:48
  educate ourselves, you know, by watching simply Bitcoin or
• 1:22:51
  picking up a book, reading, reading the Bitcoin standard
• 1:22:54
  and, and taking a second to understand philosophically what
• 1:22:57
  Ayn Rand and Atlas Schroft is really about and, and really
• 1:23:00
  digest that we do not want to be in a 1984 future.
• 1:23:03
  If we truly don't want to be in a 1984 future, then what future
• 1:23:07
  do we want to be in? And how does that affect all of
• 1:23:10
  our actions on a daily basis? How does that affect where I
• 1:23:13
  spend my money and where do I buy my groceries and why and
• 1:23:15
  what do I eat? And what do I think of politics
• 1:23:18
  and what do I think of a political figure?
• 1:23:20
  You know, maybe I, maybe I like Elon Musk or don't you like Elon
• 1:23:23
  Musk? But what is the impact that his
• 1:23:25
  technologies are, are bringing? And and what is where is ChatGPT
• 1:23:28
  headed? And I headed So I, I really, you
• 1:23:31
  know, loop all that back into Coin Lords comic and, and, and
• 1:23:35
  do my best effort to educate myself on where we're headed if
• 1:23:39
  we get on the right track and where are we headed if we go
• 1:23:42
  into the wrong track. And my best effort to do that
• 1:23:45
  was to create different worlds where, what does a 1984 world
• 1:23:49
  truly look like when it succeeds?
• 1:23:51
  And have that represented as an actual planet inside the
• 1:23:54
  storyline into its fullest, truest sense.
• 1:23:58
  And compare it side by side with what does a Bitcoin world look
• 1:24:01
  like? What does an objectivism based
• 1:24:04
  universe or, or plan, I should say, look like that embodies
• 1:24:07
  Bitcoin as its core currency and by default of Objectivism mixed
• 1:24:13
  with with with Bitcoin, What does it look like when our
• 1:24:17
  political systems actually protect individual rights and
• 1:24:20
  and enable our productive minds to create like never before?
• 1:24:24
  And how does that compare side to side, like I said, with a, a
• 1:24:26
  1984 future and then and then stick in the middle planets that
• 1:24:29
  are stuck in between that can't make up their mind where you
• 1:24:31
  got, you know, 100 million people on this side leading left
• 1:24:34
  and 100 million on this side on the right.
• 1:24:35
  And then, you know, another, another billion stuck in the
• 1:24:37
  middle and and no one can make a decision.
• 1:24:40
  What does that look like? Do we does that?
• 1:24:42
  Does that civilization thrive by default?
• 1:24:44
  Does it self destruct by default?
• 1:24:47
  Does it get carried forward by, you know, fluke?
• 1:24:50
  These are all questions we've got to ask ourselves because if
• 1:24:52
  we can't align on something as a species here, then we are going
• 1:24:55
  to be stuck in this weird middle ground.
• 1:24:58
  And maybe the future of anyone that's seen the movie
• 1:25:01
  Mediocracy. Maybe that's going to become our
• 1:25:04
  default. If we can't make a decision on
• 1:25:06
  our own, then maybe the default takes over.
• 1:25:09
  So what is the default and and what does that look like when it
• 1:25:11
  expands anyways? I, I ask more questions than I
• 1:25:14
  answer because the purpose here isn't to isn't to teach or it's
• 1:25:18
  not to project my own version of what I think we're headed
• 1:25:22
  towards is to it's to help everyone in envision and embody
• 1:25:26
  what that looks like for themselves.
• 1:25:28
  And what do some of these potential scenarios look like
• 1:25:31
  when they unfold in a In a side note, you mentioned Battlestar
• 1:25:36
  Galactica. I have to point out in the very,
• 1:25:38
  very first page of the comic, there's a scene where you see a
• 1:25:42
  prisoner lying on the ground and there's some numbers that are
• 1:25:45
  scratched into the wall. And anyone that's watched the
• 1:25:48
  full seasons of Battlestar Galactica, you'll remember when
• 1:25:52
  the general. Yeah.
• 1:25:52
  So remember when when the General is being tortured by the
• 1:25:57
  Cylons and spoiler alert. But hey, whatever.
• 1:26:00
  If you haven't seen it, it's not my fault, but you.
• 1:26:02
  Just go watch the nine seasons of Battlestar Galactica and get
• 1:26:05
  back to us. So.
• 1:26:07
  So remember when the general is is being tortured in the prison
• 1:26:10
  cell and he's like crawling up and and he's using his
• 1:26:13
  fingernail to to scratch how many days he's been in the
• 1:26:17
  prison as his only source left of Sandy.
• 1:26:19
  It's the only thing he controls is to have an an understanding
• 1:26:23
  of how many days he's been there because he has no sunlight, no
• 1:26:26
  moonlight, no contact with anyone else of his of his kind,
• 1:26:29
  because he still thinks he's human at the time.
• 1:26:31
  But then when he gets dragged out down the hallway to be
• 1:26:35
  tortured, which again, if you look at page 2 of a coin Lord's
• 1:26:38
  comic, there's a guy that the the prisoner is being dragged
• 1:26:41
  down the hallway. The silence.
• 1:26:42
  Remember when they come in and they go and they mess with his
• 1:26:45
  mind and they add extra notches just to screw with him.
• 1:26:48
  So he actually, you know, he, he's anyways that that scene is
• 1:26:51
  represented in the 1st 2 pages as well as if you look really
• 1:26:54
  closely at the Easter egg I'm going to throw at you, as the
• 1:26:57
  prisoner is being dragged down the hallway, you'll see
• 1:27:00
  different doors of prison cells and those doors have Roman
• 1:27:04
  numerals on them. And one of them happens to be V.
• 1:27:08
  So part of the storyline is to ask yourself, what if there was
• 1:27:13
  another hero in that same cell, that V in that same prison that
• 1:27:17
  V was in? What if there's another hero's
• 1:27:19
  story that hasn't been told yet, another person that did liberate
• 1:27:24
  their mind, a John Galt of a different storyline.
• 1:27:28
  And, and that's to, you know, and, and this is, you know, the,
• 1:27:30
  the story that then becomes coin Lords and part of the narrative.
• 1:27:34
  So it's to pull these little pieces and Easter eggs from all
• 1:27:37
  these things that we see on a, on a today basis or a yesterday
• 1:27:39
  basis and and put it into something we can all relate to.
• 1:27:42
  So anyways, there's my little rant of of coin Lords.
• 1:27:45
  That's awesome, man. That's that's super cool.
• 1:27:48
  Super cool. All right, let's shift gears a
• 1:27:50
  little bit because we were a part of something else that you
• 1:27:53
  did. And I don't know if our audience
• 1:27:55
  saw this, but Nico and I were totally blown away by by this.
• 1:27:59
  So Eric, explain what is going on here for the people.
• 1:28:03
  Hold on. Hopefully let me I'll mute this.
• 1:28:06
  What? What is this?
• 1:28:07
  What? What is going on here?
• 1:28:10
  This is a massive billboard in Nashville, TN that is part of my
• 1:28:16
  company's network. My company is called the public
• 1:28:18
  board and, and, and this is simply Bitcoin on it.
• 1:28:22
  It's 38 feet by 36 feet, 60 feet up in the air.
• 1:28:26
  It's blasting out to, you know, there's 236,000 people that
• 1:28:29
  drive by there every week. There's a social media
• 1:28:32
  amplification and it's pretty darn clear what that says.
• 1:28:35
  You can see simply Bitcoin from an airplane driving by.
• 1:28:39
  Right. Yeah.
• 1:28:40
  And so the public board is, it's a company that I started.
• 1:28:45
  Actually, I started it in 2020. And the idea was, you know, I
• 1:28:48
  used to have a construction company and every time I tried
• 1:28:51
  to advertise or put anything on a billboard, I was stuck with
• 1:28:54
  red tape. It was expensive, it was slow.
• 1:28:56
  There was emails. It was painful.
• 1:28:57
  They were locked up. It was just really painful.
• 1:28:59
  And I thought, you know, it's just a scream.
• 1:29:02
  Why is it so freaking hard to go on a screen?
• 1:29:04
  You know, it like I, I would have paid.
• 1:29:07
  No, I, I'm from Calgary, AB and a lot of freedom stuff going on
• 1:29:10
  there. By the way, we can talk about
• 1:29:11
  that if you want, but in, in Calgary, it's hail capital for
• 1:29:14
  Canada. And I did exterior construction.
• 1:29:16
  So hail would come down from the sky.
• 1:29:18
  I called it money from the sky and it would just destroy roofs
• 1:29:21
  and siding, which would make great money for my, my teams.
• 1:29:23
  And so when a hailstorm would come in, I wanted to be on every
• 1:29:26
  billboard in the city right now. And I would have paid anything
• 1:29:29
  to do it. But you know what the Billboard
• 1:29:30
  guy said? Well, first of all, they said
• 1:29:32
  nothing. It was crickets because they
• 1:29:33
  could take days to get back to you sometimes.
• 1:29:34
  And, and even when I did get through them, oh, they're locked
• 1:29:37
  up in contracts for six months. No, you can't advertise it.
• 1:29:39
  It was all this red tape. If I'm willing to pay anything,
• 1:29:43
  why wouldn't someone take it? And that question boggled my
• 1:29:47
  mind. So when I, when I sold the
• 1:29:48
  construction company and went traveling for a while, I
• 1:29:51
  thought, what a, what an interesting concept, what a,
• 1:29:54
  what a problem to solve for humanity, right?
• 1:29:57
  And if it's just a screen, then we should be able to post on it,
• 1:30:01
  just like on social media. We should be able to go and do a
• 1:30:03
  few clicks and be able to access a digital billboard anywhere
• 1:30:06
  across the planet. And so in 2020, I started, I
• 1:30:09
  went, I moved out to Silicon Valley and I went to every City
• 1:30:12
  Hall from Sacramento to San Jose and started securing a building
• 1:30:16
  permit, you know, momentum. But then Raiden, I had my, my
• 1:30:20
  first meeting with City Hall in San Mateo booked for late March
• 1:30:23
  2020. And you know what happened in
• 1:30:25
  March 2020, you know, lockdown happened.
• 1:30:27
  So everything that I invested in that startup was wiped out.
• 1:30:30
  And I, and I just took a step back and, and I got lost and a
• 1:30:33
  whole bunch of things last year. We came back to it and there was
• 1:30:36
  a, some pop up billboards that I, I, I, I basically leased, I
• 1:30:40
  leased A3 sided billboard truck in Denver.
• 1:30:43
  And, and there was, and I let it go viral on Twitter.
• 1:30:45
  There's like 600 people that posted content on this billboard
• 1:30:47
  and I helped coordinate photos and made it easy and fun.
• 1:30:50
  And we went to Portugal and went to Japan and we went to, we were
• 1:30:53
  at the, the Alden summit. I don't know if you listen to
• 1:30:55
  the Alden Summit or the Alden podcast.
• 1:30:57
  And so we had a billboard inside the Alden Summit venue right at
• 1:31:00
  the front doors. So everyone that was at the
• 1:31:02
  summit got to, to, you know, to post whatever they want a
• 1:31:05
  message on the, on the Billboard.
• 1:31:06
  And so then I bought one in North Dakota and, and we, we
• 1:31:10
  basically decentralized it. I know that's a weird word,
• 1:31:12
  decentralized, but like, to me, billboards are the most public
• 1:31:16
  facing form of communication that exists in the planet.
• 1:31:19
  And I say that if you don't want to watch simply Bitcoin, turn it
• 1:31:23
  off, right? If you don't want to see, I
• 1:31:24
  mean, don't do that, obviously, but you could you have the power
• 1:31:27
  to. If you don't want to see an ad
• 1:31:28
  on Facebook, don't use Facebook or put on a blocker.
• 1:31:30
  But if you don't want to see a message on a billboard when
• 1:31:33
  you're driving down the street, you'd have to close your eyes.
• 1:31:35
  And again, I don't recommend you do that.
• 1:31:37
  Don't close your eyes when you're driving, But that's the
• 1:31:39
  only way to block that out because because, and this
• 1:31:42
  supports my argument, billboards are the the most public form of
• 1:31:46
  communication that exists on the planet.
• 1:31:48
  People cannot ignore, but simultaneously they're the least
• 1:31:52
  accessible to the people that live around them.
• 1:31:56
  If you wanted to put, I love simply Bitcoin on a billboard
• 1:31:59
  right now, what hurdles would you have to go to do that?
• 1:32:04
  And that's what I'm trying to solve.
• 1:32:06
  I'm trying to connect physical billboards with the communities
• 1:32:09
  that live around them in a way that's never been done before.
• 1:32:11
  That's unprecedented. Now, billboards are regulated by
• 1:32:15
  a different form, like we're not protected under the, the, the,
• 1:32:19
  the, you know, the, the CDA, we don't have that Section 230
• 1:32:24
  protection. We have to be really careful of
• 1:32:26
  what goes out there. So we have to be careful about,
• 1:32:28
  you know, putting a message that'll get us in trouble.
• 1:32:31
  We don't want to get billboard operators in trouble, but we can
• 1:32:34
  put positive messaging, we can put words of, of support, we can
• 1:32:38
  put what's on our mind in a positive sense.
• 1:32:41
  And, and that's something that I'm trying to change across the
• 1:32:43
  world. So this, this billboard here in
• 1:32:45
  Nashville, you know, bless the hearts of the guys that own it.
• 1:32:49
  They're fantastic people. I love them to bits.
• 1:32:51
  And they've allowed the public board to be on there.
• 1:32:53
  And simply Bitcoin being on there is just one tiny little
• 1:32:57
  step towards the democratization of billboards across the planet.
• 1:33:00
  And I want to do a lot of billboards, Bitcoin related
• 1:33:04
  billboard stuff. And in fact, I, I would
• 1:33:06
  challenge anyone here, if you got a positive message about
• 1:33:10
  that you want to share with the world or something positive
• 1:33:12
  about Bitcoin that you want to share with the world, you can
• 1:33:14
  send me Adm. And if I resonate strongly with
• 1:33:17
  it, I will put it up there and send you a photo of your message
• 1:33:20
  live to the world. And I'm not selling anything
• 1:33:21
  when I do this. This isn't a pitch.
• 1:33:23
  This is about freedom of speech brought to a form of
• 1:33:26
  communication that has been in many ways inaccessible to the
• 1:33:30
  people that have to look at it every single day.
• 1:33:33
  So again, with simply Bitcoin, man, I, I want to get some more
• 1:33:35
  content from simply and put it up there.
• 1:33:37
  We talked about getting Luke up there with some, some some
• 1:33:41
  content you can't ignore. Let's put it politically
• 1:33:43
  correctly in that way. And you know, Opti, if you got a
• 1:33:45
  message you want to share with the world on one of the, you
• 1:33:48
  know, the world's biggest and most prominent billboards, you
• 1:33:51
  know, let's do it. I can have that up there today
• 1:33:52
  and send you a photo tonight, right?
• 1:33:54
  So anyways, I believe deeply in in free speech.
• 1:33:58
  I believe deeply in opening up access to public forms of
• 1:34:02
  communication. And we will look at Uber
• 1:34:04
  decentralizing taxis or Airbnb decentralizing the hotel
• 1:34:08
  industry or Bitcoin, you could say democratizing, you know,
• 1:34:11
  financial instruments. I'm working as hard as I
• 1:34:14
  freaking can to democratize access to the world's most
• 1:34:18
  public form of communication. I spend 8090 hours a week doing
• 1:34:21
  this nonstop. It's my heart and soul.
• 1:34:23
  It's an obsession. It takes over my entire life and
• 1:34:26
  it and it's just getting started.
• 1:34:27
  And we got some, some cool investment capital from some
• 1:34:30
  really powerful guys, you know, like Jason Calacanis from the
• 1:34:33
  all in pod, who's our, our, our first Angel investor.
• 1:34:35
  And we want to take this all the way to thousands of billboards
• 1:34:39
  and let everyone listening here be a part of the, the grassroots
• 1:34:42
  movement and share a message on it.
• 1:34:44
  And you know, and all and all comp a lot of that, you know, I
• 1:34:48
  anyway, so there there's a my other little project I work on
• 1:34:50
  when I'm not doing cornlords weird stuff.
• 1:34:52
  Let's go, Eric. That's awesome.
• 1:34:54
  What I have one question before I have you plug it so people
• 1:34:58
  can't get in touch with you. Is, is there audio?
• 1:35:01
  Are people hearing audio or is it just visual?
• 1:35:04
  On this particular billboard is visual and static image only the
• 1:35:07
  board is capable of visual and you can easily plug speakers
• 1:35:11
  into. I mean, anyone that checks out
• 1:35:12
  my social handles for public board, you'll see we do live DJ
• 1:35:15
  sets, live concerts, you know, we have musicians playing in
• 1:35:18
  front of the board with their content up there.
• 1:35:20
  You know, it can support that, but there's distracted driving
• 1:35:23
  laws by laws that are put in place by the city.
• 1:35:26
  So but but not all places. I mean, Vegas doesn't have that
• 1:35:29
  and New York Times Square doesn't.
• 1:35:30
  So it depends where you are, right?
• 1:35:31
  But so this board is is static only unless you're in Nashville.
• 1:35:34
  If you're in Nashville, come meet me out there and we'll set,
• 1:35:37
  you know, I'll get a camera out there, we'll get a drone video.
• 1:35:39
  We'll get your content up there and record you speaking in front
• 1:35:41
  of it. You know, again, check out my
• 1:35:42
  socials and you'll see some of the fun that we have with
• 1:35:44
  billboards. So it's it's a lot of fun.
• 1:35:47
  That's awesome. All right, Eric.
• 1:35:48
  So I guess plus your Twitter and then do you have like a website
• 1:35:53
  for, for the Billboard, you know, how can people get in
• 1:35:56
  touch with you? Yeah, you know, if you go to
• 1:35:59
  coinlords.com, you'll find my socials there.
• 1:36:02
  If you're on Twitter. I mean, if you looked at that
• 1:36:03
  social handle there, that's where I made that simply Bitcoin
• 1:36:06
  post. That was my Coin Lords Twitter
• 1:36:08
  account, So Coin Lords HQ and you know, public board is it's
• 1:36:13
  just public board BORED. So public board on Twitter and
• 1:36:17
  Sam on Instagram. So yeah, you can just DM me
• 1:36:20
  answer all those accounts personally.
• 1:36:22
  You know, we're still small enough where you reach me
• 1:36:24
  directly. And you know, if you got an idea
• 1:36:26
  for a character in the comic, you let me know if you want to
• 1:36:30
  be a part of it or you want to contribute to the lower, please
• 1:36:33
  let me know. This is a it's meant to be a
• 1:36:35
  community project, not an individual project.
• 1:36:37
  And, and if you have some Bitcoin related positive message
• 1:36:39
  you want to share with the world, drop me Adm in public
• 1:36:42
  board, Twitter or Instagram. And you know, we'll put it up
• 1:36:45
  there and and we'll, we'll give a voice to people that are
• 1:36:47
  listening. So I appreciate you, you having
• 1:36:49
  me on here. And and you know, we got issue
• 1:36:51
  #2 coming out for the comic pretty soon.
• 1:36:53
  We have the, the animated version that was, that was
• 1:36:56
  coming out. We got a, a teaser episode that
• 1:36:58
  we put out there using some AI to help me advance the
• 1:37:01
  animations for it. And the idea is to make it ATV
• 1:37:04
  show, make it a movie, you know, mainstream.
• 1:37:07
  Again, it's not about me making money.
• 1:37:08
  It's about controlling the narrative.
• 1:37:09
  It's about giving everyone listening here a chance to be a
• 1:37:13
  part of that narrative that then goes out and becomes a Netflix
• 1:37:16
  show or becomes a maybe it stays on Rumble, who knows?
• 1:37:18
  But you know, anyways, I'm just doing my best effort to, to live
• 1:37:22
  by the ethos. You know, I've, I've strayed off
• 1:37:24
  the road, you know, the beaten path and sometimes in a good
• 1:37:28
  way, sometimes in a bad way, but it all comes back leading right
• 1:37:31
  to what's, you know, what's the truth here and, and what is the
• 1:37:34
  path forward for today? And so I've dedicated my life to
• 1:37:37
  it. And there's no compromise on it.
• 1:37:39
  There's lots of sacrifices and you know, public board is, is
• 1:37:43
  how you can find me on the socials to join that journey on
• 1:37:46
  democratizing, you know, helping people get a stronger voice and
• 1:37:49
  coin loans is where we can bring that voice and the narrative to
• 1:37:52
  the mainstream. So you know that that's where it
• 1:37:54
  all comes from. And I can't wait to contribute
• 1:37:55
  more here in any way that I can. There's there's a long way to go
• 1:37:58
  and we're literally. Just getting started.
• 1:38:00
  Let's go, man. Well, you guys know me, I am all
• 1:38:04
  for making more Bitcoin propaganda.
• 1:38:07
  So, you know, put your hat in the rink and let's all start
• 1:38:10
  making some more propaganda out there and get more people to
• 1:38:13
  understand what we do, why we do.
• 1:38:16
  So Eric, thank you so much for coming on today's show.
• 1:38:19
  Let me pull you behind the scenes real quick as I wrap up
• 1:38:22
  the episode and you can hang out and we'll we'll have a combo
• 1:38:26
  when I end the show. All right guys, I'm back.
• 1:38:30
  We're back. Today was December 29th.
• 1:38:35
  It's not the new year yet, but it, it already feels like the
• 1:38:37
  new year to me. So you know, 2026 is going to be
• 1:38:41
  a good one guys. I will do my best to pull as
• 1:38:44
  much bullishness into the show as possible.
• 1:38:47
  I'm sorry you had to deal with the bear last week, you know,
• 1:38:50
  forgive me, I'm sorry. Anyways, on that note, we will
• 1:38:53
  be back tomorrow same time ish, you know, 12, 30 ish, something
• 1:38:59
  like that. And of course we go live Monday
• 1:39:01
  through Friday. So smash the like button,
• 1:39:04
  comment on the show and of course, hit the subscriber
• 1:39:06
  button. I will be back tomorrow.
• 1:39:08
  I'll have a good rest of your day.
• 1:39:09
  I will see you later. Today's episode was brought to
• 1:39:14
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:39:18
  mission to enable financial independence.