Latest / Simply Bitcoin / Billionaire EXPOSES How $9M Bitcoin is Just The Beginning! | EP 1266

Transcript

Billionaire EXPOSES How $9M Bitcoin is Just The Beginning! | EP 1266 · Simply Bitcoin

• 0:00
  What if Bitcoin could hit hundreds of trillions of dollars
• 0:04
  per market cap? Well, Michael Saylor just
• 0:08
  exposed the ultimate bull case once again on legacy mainstream
• 0:13
  media. He actually had this interview
• 0:16
  on the floor of Bitcoin 2025 with Mackenzie Sagalos.
• 0:20
  In fact, the Simply Bitcoin booth was literally across from
• 0:24
  it. Why is he so convinced that
• 0:26
  Bitcoin is going to hit these ridiculously?
• 0:29
  High. Levels, is it because the $300
• 0:32
  trillion market cap is literally the $300 trillion market bond
• 0:37
  market is melting down right now?
• 0:39
  Or could it be that he knows something that we all do not?
• 0:44
  Anyways, we're going to roll the clip and then we're going to
• 0:46
  talk about it. And of course I'm here with my
• 0:48
  legendary Co host who's wearing the Pepe Show Pepe shirt Opti.
• 0:53
  Shouts out G Money Digital 1776 all right.
• 0:55
  Let's check out the clip. We're all stronger together if
• 1:00
  the country is going to overcome its challenges.
• 1:03
  And if the industry is going to overcome its challenges, we're
• 1:06
  going to do it by creating hundreds of trillions of dollars
• 1:10
  of value. And the big unlock here is not
• 1:14
  technology. The big unlock is a regulatory
• 1:19
  breakthrough, which is define a digital token, a digital
• 1:23
  security and a digital currency. The industry will grow by a
• 1:27
  factor of 100. You know who knows what to 100
• 1:30
  trillion or more. Bitcoin will March into the
• 1:33
  hundreds of trillions. The nation will benefit.
• 1:38
  The industry will benefit. The world will benefit.
• 1:42
  That's our path forward. All right, so.
• 1:45
  Michael Saylor lays the lays the case out.
• 1:47
  And of course, joining us today, we have Paul Tarantino, the CEO
• 1:52
  of Byte Federal, one of. The United States largest
• 1:57
  Bitcoin ATM companies joining us on the show today.
• 2:01
  And of course, we're going to do a deep dive with Paul during the
• 2:05
  culture segment. Anyways, going back to Michael
• 2:08
  Saylor's clip, so he's kind of saying the quiet part out loud,
• 2:12
  ladies and gentlemen, just to kind of give you a perspective.
• 2:14
  You know, I was like, Nico, what does hundreds of trillions of
• 2:18
  dollars in market cap mean, right?
• 2:20
  So let's pull out, of course, the famous Jesse Myers, you
• 2:25
  know, graphic that has been sorted and sourced on so many
• 2:30
  different types of presentations.
• 2:32
  And this is what Michael Saylor's talking about in
• 2:35
  essence. And we're going to tie this in
• 2:37
  to the bond market. The bond market is $300
• 2:41
  trillion. And we all remember what Max
• 2:44
  Keiser was saying about the bond market as it relates to micro
• 2:50
  strategy. This is Max Keiser a couple days
• 2:52
  ago. He says the global bond market
• 2:54
  won't survive MSTR. Mike's about to become the Iron
• 2:58
  Bank of the new Game of Thrones the world finds itself in.
• 3:01
  Call him Iron Mike and he goes on to say and Michael Saylor
• 3:06
  specifically released a product on the NASDAQ, a ticker STRD
• 3:13
  specifically for bond investors, right?
• 3:17
  And of course, offering significantly higher returns.
• 3:20
  I think the for fixed income, I think it's like 10%.
• 3:23
  It's it's insane, right? So anyways, so let's kind of
• 3:27
  breakdown the opportunity here, right?
• 3:29
  So Bitcoins currently sitting pretty at a $2 trillion market
• 3:33
  cap. The gold market cap is at $22
• 3:36
  trillion, right? So $22 trillion, that's a 10X.
• 3:41
  So from 2 trillion to get to 22 trillion, that's a 10X10X
• 3:45
  Bitcoin from where it is right now.
• 3:47
  That's north of $1,000,000 per coin.
• 3:50
  But what I want you guys to focus on, I think this is where
• 3:54
  Michael Saylor gets his confidence when he's just
• 3:57
  dropping numbers. Like, dude, it's going to be in
• 4:00
  the hundreds of trillions basically.
• 4:02
  And so far, Michael Saylor has proven to be absolutely right.
• 4:06
  I mean, the performance of MicroStrategy over the last five
• 4:11
  years, since 2020, you know, should tell you everything you
• 4:15
  need to know, right? He made, he first made this
• 4:17
  announcement, I believe at the Bitcoin conference, Bitcoin 2021
• 4:20
  in Miami. Remember, he had that
• 4:22
  conversation with Max Kaiser on stage.
• 4:24
  Legacy media was covering it. They were kind of making fun of
• 4:27
  him. He had to pay.
• 4:29
  He had to earn his stripes, as all Bitcoiners do.
• 4:32
  He had to, you know, pay his price of tuition.
• 4:35
  The Bitcoin price corrected like, you know, I think it was
• 4:38
  like 6070% during the, the 2023, the 2022-2023 bear market.
• 4:45
  And then Michael Saylor was vindicated, like all of us
• 4:48
  Bitcoiners become vindicated when eventually, you know, you
• 4:52
  get one cycle in. And of course, it's proven that
• 4:56
  his strategy with his company strategy is fantastic.
• 5:01
  I mean, he grew the market cap of his company from 500 million
• 5:05
  to 100 billion. That's insane.
• 5:08
  I mean, this is a 20 year vindication story, right?
• 5:12
  And the episode that he did with Jordan Peterson, I think it has
• 5:16
  like 3 or 400,000. Views he's he was.
• 5:19
  Basically making the case he's like, look, I didn't understand
• 5:21
  what was going on. I tried everything like I tried
• 5:25
  re, I tried re buying the stock. I was working my employees
• 5:30
  harder than ever and we were trying marketing, We were trying
• 5:33
  this and we still couldn't catch up to Microsoft and we couldn't
• 5:36
  understand. But simultaneously, I remember
• 5:40
  identifying very similar patterns to what would happen to
• 5:44
  the world when the smartphone would get introduced.
• 5:48
  And he wrote the book in the Mobile Wave, where he correctly
• 5:51
  predicted that this thing, which is basically a computer in your
• 5:55
  hand, would absolutely change human society.
• 5:59
  And he put, I believe from the interview, $25 million of his
• 6:04
  own money into the companies that he felt were at the
• 6:08
  forefront of that. Which of course was.
• 6:10
  Apple with the iPhone it completely changed the world.
• 6:13
  If you guys remember the BlackBerry days, the BlackBerry
• 6:16
  to the iPhone, maybe the iPhone 5 because the first iPhones were
• 6:19
  like, you know, but the iPhone 5 like you could play videos like
• 6:23
  it was it really get it really changed everything.
• 6:26
  And he saw that same pattern with his company, but he was
• 6:29
  like, wait, so like, am I just going to like, you know, take
• 6:32
  the cash and like buy another stock?
• 6:34
  No, that's overvalued. Real estate doesn't make sense.
• 6:37
  Gold. And then he had the conversation
• 6:40
  with Eric Weiss and he was like, Hey, tell me more about this
• 6:42
  Bitcoin thing. And then he went down the rabbit
• 6:45
  hole and then he realized, Oh my God, this solves a problem.
• 6:48
  And then he had first mover and manage.
• 6:50
  And that that describes, you know, of course, MicroStrategy
• 6:53
  success. Now here we are sitting a couple
• 6:56
  years later, right, 2025. Turns out he was right.
• 7:00
  You have Bitcoin treasury companies popping up all around
• 7:05
  the world. This is an international
• 7:07
  phenomenon, right? And This is why he's talking
• 7:12
  about this. So Bitcoin, $2 trillion asset,
• 7:16
  .2% of the global wealth. We know it's superior to gold.
• 7:20
  We know it has absolute scarcity.
• 7:22
  We know it beats gold's physical characteristics.
• 7:25
  Gold is heavy. Gold is hard to transport.
• 7:28
  Bitcoin is easy to transport Bitcoin you could send it
• 7:31
  anywhere around the world instantaneously.
• 7:34
  It has absolute scarcity. Gold has scarcity, but not
• 7:37
  absolute scarcity. Big difference there right?
• 7:39
  It's easy to custody. Gold is not easy to custody
• 7:42
  specific specifically if you have large amounts of it and
• 7:47
  think about this for a second. What are bonds backed by the
• 7:50
  full faith and credit Bitcoiners believe right?
• 7:53
  It's in our ethos. We're not a trust me bro type of
• 7:57
  community. We're a don't trust verify type
• 8:01
  of community, right? And what happens if all of a
• 8:04
  sudden Bitcoin starts to prove that it's just a better, more
• 8:10
  safe conservative? I'm going to say that word place
• 8:14
  to park your wealth versus bonds, right?
• 8:17
  And the bond market is currently sitting $318 trillion.
• 8:24
  So this is where Michael Saylor is saying this is where he's
• 8:28
  getting it from, right? This is why he's saying This is
• 8:30
  why he's so confident that Bitcoin eventually, inevitably
• 8:35
  is gonna read, is gonna reach hundreds of trillions of dollars
• 8:39
  in market cap. And remember his twenty year
• 8:42
  prediction, his 2045 prediction of $13 million per Bitcoin?
• 8:47
  That's his base case. His bare case I believe is 3
• 8:51
  million and his bulk case I believe is 49 million, which is
• 8:55
  absurd. Can't believe that.
• 8:57
  So anyways, Paul, you're the CEO of one of the largest Bitcoin
• 9:01
  ATM company companies in the United States.
• 9:04
  I'm sure you have the expertise, the knowledge to talk about this
• 9:09
  kind of sophisticated topic is Michael Saylor.
• 9:13
  You know, overly bullish. Is he overly optimistic about
• 9:17
  Bitcoins future potential? No, I think he's he's spot on.
• 9:22
  We've got this 100 trillion would be the first epoch right
• 9:26
  where we're going to see the destruction of debt around the
• 9:29
  world. That debt has that, that those
• 9:31
  dollars have to find a home or be lost forever.
• 9:35
  So the, the logical solution is gold and Bitcoin.
• 9:39
  And if you're going to lever that into a, a future with AI
• 9:44
  and a future where technology is dominant, you're going to want
• 9:47
  to go into Bitcoin. So I, I think, I think he's spot
• 9:52
  on. And I, I'm, I'm just looking
• 9:55
  forward to riding this wave. Yeah, absolutely.
• 9:58
  And could you break down a little bit about that right,
• 10:01
  which is this world of AI and this world of of Bitcoin?
• 10:06
  And you said that it was going to eliminate it, eliminate debt.
• 10:09
  Is that is that what you said? I didn't say that AI is going to
• 10:12
  eliminate debt, but it will have an impact on it.
• 10:15
  Because if you know, if AI is deflationary and corporations
• 10:22
  are going to be driving towards a diminishing bottom line, debt
• 10:28
  and around the world is going to become less and less valuable.
• 10:33
  Because to offset that deflationary impulse,
• 10:37
  governments will have to inflate.
• 10:39
  And that's the only otherwise the debt becomes unpayable,
• 10:42
  right? So the, the way to pay off debt
• 10:45
  without having the income is to inflate the currency.
• 10:49
  So, so you could see that the devaluation of the dollar is
• 10:55
  correlated to the correlated to this destruction of the debt
• 10:59
  around the world. And bondholders are going to
• 11:03
  have to find a new home. So that 300 trillion in capital
• 11:05
  is going to have to go somewhere.
• 11:07
  And I think these traditional bond investors are going to wake
• 11:10
  up in phases as their career, as their returns, as they mark to
• 11:15
  market and have to look out into a competitive landscape.
• 11:19
  They're going to have to pursue alternatives and they're going
• 11:22
  to be Bitcoin alternatives. Yeah, and and so that's that's
• 11:27
  absolutely blind, mind blowing. And I mean, I think there's
• 11:31
  there's going to be deep consequences, Paul, to just
• 11:35
  society and kind of business in general.
• 11:37
  I do want to give a shout out to the live stream, by the way,
• 11:40
  just broke 1000 live viewers between YouTube and X.
• 11:43
  And I want to give a shout out of course, to the Rumble Rumble
• 11:46
  stream going in hard 450 live viewers on Rumble.
• 11:51
  So if you guys are enjoying the show so far, make sure to smash
• 11:54
  that like button. So I mean like Paul, like so the
• 12:00
  bond market, I mean, that is a staple of of of traditional
• 12:04
  finance. Like, I mean, what are the
• 12:06
  consequences of, you know, some of that market being basically
• 12:12
  sucked into the Bitcoin black hole?
• 12:15
  Like what? How would that change the
• 12:17
  traditional markets? Well, I, I think we're going to
• 12:20
  see a few changes. I mean, first of all, big
• 12:22
  picture, right, it's, it's a shift from a debt based economy
• 12:27
  to an equity based economy. So in phases like this, you, you
• 12:31
  will see gold, Bitcoin and individual stocks as a life raft
• 12:38
  and they'll perform in that order, Bitcoin, gold and and
• 12:41
  stocks. But that that life raft is there
• 12:45
  because the debt is dying and you need to get to this other
• 12:48
  side on that in in between there people that are going to try and
• 12:53
  save the life raft are going to try and save the bond market are
• 12:57
  going to put the life raft under it, right.
• 12:59
  So we're going to see Bitcoin bonds, we're going to see
• 13:01
  Bitcoin back treasuries, any number of things where Bitcoin
• 13:07
  this, this asset is used to support the sinking ship.
• 13:12
  So, but I think those are only temporary fixes.
• 13:16
  I think we end longer term further further out well beyond
• 13:21
  100 trillion in Bitcoin market cap where we're living now in an
• 13:25
  equity based society where there is hopefully no debt behind any
• 13:30
  of the global currencies. And what, what is so?
• 13:34
  And let's talk about that, right?
• 13:35
  Because it seems like you, you've, you've spent some time
• 13:38
  thinking about this, you've spent some time analyzing this,
• 13:41
  what is an equity based society versus a debt based society?
• 13:46
  Like what are the biggest differentiators between the two?
• 13:49
  I think, I think the biggest differentiator is that your
• 13:52
  assets are no one else's liability.
• 13:54
  Like right, right now, the way we live our life, everything
• 13:57
  that we own is, is a liability on somebody else's balance sheet
• 14:03
  or vice versa. So when we, for example, borrow
• 14:06
  money to buy a house, we have a liability, the bank has an
• 14:12
  asset. And in that equity based
• 14:15
  society, you're going to need to borrow against your assets so
• 14:21
  that you there's no infinite leverage, right?
• 14:24
  There's no re hypothecation. And, and so you will have to
• 14:30
  acquire wealth, you'll have to acquire assets in order to
• 14:34
  convince somebody to lend to you where right now we can the banks
• 14:39
  create money out of thin air, right?
• 14:41
  So if you've got a, you want to buy a house, the bank will
• 14:45
  generate capital out of thin air or generate money out of thin
• 14:48
  air so that you can, you can buy that house.
• 14:51
  And now it's your liability, but in the future you, you could see
• 14:56
  in a, in a Bitcoin denominator future, equity based future
• 14:59
  where you've got the collateral prior and that collateral is
• 15:04
  backing that debt. So one for one, this is like,
• 15:08
  you know, the future that Caitlin Long saw with her bank.
• 15:13
  This is the future that the traditional banks are going to
• 15:17
  fight, but this is where society prospers in.
• 15:22
  In the past, when we've had money circulating through our
• 15:25
  system backed by real assets like gold, the humanity has done
• 15:31
  really, really well because you're you're not getting
• 15:34
  infinite leverage, you're not exceeding that equity base with
• 15:38
  the stacking so much debt on top of it that leads to these
• 15:41
  exaggerated boom and bust cycles.
• 15:44
  So we could see a compressed business cycle, less volatility,
• 15:48
  we could see more prosperity and, and people just doing
• 15:53
  things that are right for them, making smart financial decisions
• 15:58
  because they're limited by the assets that they've been able to
• 16:01
  acquire. Whereas if you know, you could
• 16:04
  take advantage of a system now, borrow infinitely, leverage
• 16:08
  infinitely and look really smart for a time being and then have
• 16:14
  it all reverse on you and, and get it washed out.
• 16:17
  This is, I think a lot of us experience this in 2008 and we
• 16:21
  learned from it and hopefully we can, we're transitioning to a
• 16:25
  future where we're not participating in this.
• 16:28
  Yeah, absolutely. And then I I also too Paul is I
• 16:31
  was connecting the dots while you were talking about that.
• 16:33
  It also seems like this type of future is a future for the
• 16:38
  middle class, right? Like I feel like the middle
• 16:40
  class is able to get ahead because I think a lot of people
• 16:43
  have this kind of like misunderstanding because in this
• 16:46
  kind of debt based, you know, a society that we live in this
• 16:52
  every time they print money, we saw this in 2008 and we saw this
• 16:56
  in 2020 and 2021, right? Every time they print money,
• 17:00
  it's really the only people that benefit from it are the
• 17:04
  government and the very wealthy that do have the means to save
• 17:07
  in assets. But the lower and middle classes
• 17:10
  that don't have the means to save in assets, in fact, they're
• 17:13
  living paycheck to paycheck. Maybe they have a little bit of
• 17:15
  savings. They're getting destroyed.
• 17:18
  They're they're not, they're, they're actually making less
• 17:21
  money than the year before, right.
• 17:23
  And I think society fundamentally perhaps is aware
• 17:28
  of that. Perhaps they're feeling the
• 17:29
  pain. Perhaps people just don't
• 17:31
  understand where the dysfunction is coming from.
• 17:34
  But yeah, I mean, could you talk a little bit about that, about
• 17:37
  how, you know, Bitcoin essentially is going to
• 17:40
  revitalize the middle class, which is, you know, really the
• 17:44
  backbone of an economy? I'm sorry, I'm laughing at the
• 17:47
  comments right now. Yeah, they're going wild.
• 17:51
  Yeah, so. We got the, we got the Bitcoin.
• 17:55
  Tom Cruise in the house, baby. Well, Nico, we did get a.
• 17:59
  We we did get a super. Chat and it was vague and he
• 18:02
  goes, shouts out vague and he goes $5.
• 18:05
  Whoa. Tom Cruise is on today's show.
• 18:07
  Let's go. And.
• 18:08
  Also, one more shouts out wrong people.
• 18:10
  The 20 bucks Appreciate it. All right, Paul, keep, keep
• 18:12
  going. All right, Where were we?
• 18:13
  What were we even talking about? Now?
• 18:14
  I got sidetracked. Yeah.
• 18:16
  So. OK, Yeah.
• 18:17
  So I guess the thing that comes to mind is like, you know, the
• 18:20
  golden era, right? And yeah, yeah, under these kind
• 18:24
  of, in these kind of environments, you have a, a
• 18:27
  much, you have a meritocracy. If you do well, if you're a a
• 18:33
  trusted participant in the economy and you can generate
• 18:37
  valuable products for people that they're willing to pay for,
• 18:40
  you're going to benefit from that and then you're going to
• 18:43
  have spending power. It's not going to be a
• 18:46
  privileged society where those, like you said, closest to the
• 18:49
  bank or be able to borrow more at a lower rate and leverage
• 18:52
  that into assets and basically excel far beyond their ability
• 18:57
  to provide value to humanity. So it is a great leveller.
• 19:02
  And This is why the big banks do not like what we're talking
• 19:07
  about. This is why they've hated
• 19:09
  Bitcoin from the beginning and continue to push and maintain
• 19:13
  and try and try and maintain leverage and rehypothecation and
• 19:17
  and lots and lots of lending in the system because this is how
• 19:21
  they make money as a middleman and this is how they play their
• 19:24
  games. I and those games aren't like
• 19:26
  going to die immediately overnight.
• 19:28
  It's going to continue, but it's going to become less and less
• 19:32
  valuable as Bitcoin starts to absorb the capital stack of the
• 19:36
  world. A hundred 100% man.
• 19:39
  And and I love the meritocracy aspect of that, you know,
• 19:43
  because I think we've shield away from that as a society.
• 19:47
  And I think it's been, you know, I think it's been somewhat
• 19:51
  negative. You know, you want a meritocracy
• 19:55
  and it's kind of been villainized a little bit.
• 19:58
  Opti, do you want to chime in here?
• 20:00
  I mean, dude, we got, we got bro, we got, we got effing Tom
• 20:03
  Cruise in the house today. Lol well, to that last point
• 20:09
  that Nico said, it is very interesting to see that in
• 20:12
  popular culture, rather mainstream culture right now,
• 20:14
  the meritocracy word is like a dirty word.
• 20:17
  It's like a very, you know, toxic word.
• 20:20
  And from a Bitcoiners perspective, this is what we
• 20:23
  always, this is what we talk about.
• 20:24
  It's like provide value to society, you know, eliminate
• 20:27
  people that are trying to extract resources, extract the
• 20:30
  wealth from everyone else. Like this is the goal of what's
• 20:33
  going on here. And as Paul was saying earlier,
• 20:35
  this is a fundamental shift from where we are are currently in
• 20:39
  society. This is the status quo.
• 20:41
  This is what everyone kind of sees going on in the world right
• 20:44
  now. And everyone think it's
• 20:46
  completely normal. But there is an alternative.
• 20:49
  And This is why we always talk about Bitcoin.
• 20:51
  This is why we're true believers of Bitcoin.
• 20:53
  This is why we're all in on Bitcoin and we make our job and
• 20:56
  our whole business wrapped around Bitcoin because we do
• 20:58
  fundamentally believe it's going to bring in a better world.
• 21:01
  Now on the Sailor prediction here, it does seem like he is
• 21:07
  just getting more and more bullish right now, even though
• 21:10
  you know, we're we're seeing the price kind of go down a little
• 21:12
  bit. It did hit like 102 last night.
• 21:15
  It's it's back around 1:05 last time I checked it this morning.
• 21:19
  We're at basically all time highs.
• 21:21
  We're at what like 3% down from all time high?
• 21:24
  Nico, I'm hearing this. I don't know if you guys heard
• 21:28
  that. OK, You know, the price of
• 21:31
  Bitcoin is super strong and yet no one is really paying
• 21:34
  attention. I know.
• 21:35
  And Niko's been a perma bear on the show.
• 21:37
  He he's starting to become a Fiat maxi.
• 21:40
  Maybe we got to rebrand to simply Fiat here.
• 21:43
  What I'm just trolling. I'm just trolling.
• 21:45
  It's so easy to get *** rage bait over here.
• 21:48
  Okay, But you're starting to see with what we're talking about
• 21:52
  Bitcoin treasury companies and Paul, you know, is, is jumping
• 21:55
  in that boat as well. We'll talk about that later on
• 21:57
  the show. You're starting to see that a
• 22:01
  lot of capital is being unleashed.
• 22:03
  It's the very beginning of that capital being unleashed and
• 22:06
  you're starting to see that there is obviously better
• 22:09
  regulation surrounding Bitcoin. The banks are starting to talk
• 22:13
  about custodying Bitcoin. We are kind of back to the 2017
• 22:16
  like blockchain, all the things memes popping up.
• 22:19
  I've I've been seeing you know a lot of stable coin talk and
• 22:22
  blockchain, not Bitcoin etcetera, etcetera, etcetera.
• 22:26
  So we are in the beginning and of course these instances, the
• 22:29
  two shins, these big players aren't going to just come into
• 22:31
  Bitcoin and be fully bit corners yet.
• 22:33
  They're not all naive Boo Kelly out here, but they're going to
• 22:36
  have to learn. And when you really look at that
• 22:38
  creases chart again, the simple meme or the memetics that bit
• 22:42
  corners have been saying for a long time is just that money is
• 22:45
  1/2 of every transaction in the world.
• 22:47
  What money is 1/2 of all value in the world.
• 22:51
  Now This is why sailor is going, you know, hundreds of trillions.
• 22:54
  He we did play it. I forget if it was last week or
• 22:57
  the beginning of this week, but he was saying it's going to 400
• 23:00
  trillion with the idea of it's half of all the value in the
• 23:04
  world. And I did a quick little, you
• 23:06
  know, ChatGPT over here, $400 trillion market cap is a $19
• 23:11
  million per Bitcoin. And if you move that up another
• 23:15
  100 trillion. I don't know what the math is.
• 23:17
  Someone can Fact Check me in the chat right now, but you can it's
• 23:22
  safe to say that sailors base case of $13 million, I think
• 23:27
  he's overshooting or rather undershooting that.
• 23:29
  And now he's going even more bullish.
• 23:31
  We did hear him say again, I, I am everything's a blur here, but
• 23:36
  we did recently hear him say that he is moving up his base
• 23:39
  case from 29% kegger to 30% kegger.
• 23:43
  And the compounding effects of that literally shoots it from
• 23:46
  about 13 million to like 16,000,000.
• 23:49
  So even if these numbers seem ridiculous to you and everyone
• 23:53
  in the chat's like, OK, but like win 150K, win 200 Ki think it's
• 23:57
  coming soon. We are zooming out here for the,
• 24:00
  the new ones here, the newbies in the chat, the new simply
• 24:03
  Bitcoin audience that are finding us and basically telling
• 24:07
  them, hey guys, look, zoom out, stack Bitcoin, hold it long
• 24:11
  term. It's going up forever.
• 24:13
  These ridiculous price points are going to be they're going to
• 24:18
  be a reality. A lot of bit corners in the
• 24:20
  early days, 20, you know, 2010, 2012, they would have laughed at
• 24:26
  you if you said 100K Bitcoin in what 10 years.
• 24:30
  I think we're, I think we will have the last laugh in the
• 24:32
  future and we're just on the same trajectory right now.
• 24:35
  All of the world's wealth, or rather half of the world's
• 24:37
  wealth conservatively, will most likely or maybe bullishly, will
• 24:42
  most likely end up in Bitcoin. So hey, you know, you might want
• 24:45
  to get some in case it catches on.
• 24:46
  Absolutely. I'll give bars to that also.
• 24:51
  Quick. Quick, quick, quick observe
• 24:55
  meant Opti's been in Miami less than a month, and his buttons
• 24:59
  are all they've reached there. Hey guys, it's nice humid and
• 25:04
  I've always been a three button maxi so you know it's not new.
• 25:08
  So you know Opti's embracing the the South Florida Miami Ness.
• 25:13
  I do want to give a shout out to the live stream 1500 of you guys
• 25:17
  watching live between YouTube and X and 500 of you guys
• 25:21
  watching live on rumble. If you guys are enjoying the
• 25:23
  show so far, make sure to smash that like button and give us a
• 25:27
  follow. Subscribe to us if you're on
• 25:29
  YouTube, follow us if you're on rumble and follow us if you're
• 25:33
  on Twitter as well guys, we have a hell of a show lined up for
• 25:37
  you guys. We're going to talk about so
• 25:39
  many so many things. Coinbase has been dropping
• 25:42
  amazing commercials, I mean propaganda basically covering,
• 25:47
  you know, like, hey, why are houses getting cheaper on coin
• 25:52
  and getting more expensive on dollars?
• 25:54
  How come they're printing so many dollars?
• 25:56
  Seems like Coinbase is shifting. You know, they're, they're,
• 25:59
  they're getting away from those coins and they're moving more
• 26:02
  towards Bitcoin. They dropped this like Coinbase
• 26:05
  credit card, which was like American Express and all this
• 26:08
  stuff. I don't know, that was pretty
• 26:09
  cool. And then during the news
• 26:11
  segment, we're going to be talking about something that I
• 26:14
  think we all saw last night, which is something happened in
• 26:20
  the Middle East and we're going to be making the case as to why
• 26:24
  buy Bitcoin and war, how did we get there?
• 26:27
  How does Fiat fuel the war machine?
• 26:31
  And we're going to be doing a deep dive on that.
• 26:33
  And then of. Course, during the culture
• 26:36
  segment, we got Paul Tarantino, the CEO of Bite Federal, one of
• 26:40
  the largest Bitcoin ATM companies in the United States,
• 26:44
  and we're going to be talking to him doing a deep dive.
• 26:47
  So it's going to be a hell of a show guys.
• 26:49
  You guys are going to you guys are going to want to stay tuned
• 26:52
  because we're just getting started.
• 26:54
  But before we jump into today's show, I do want to give a shout
• 26:58
  out to Simply Bitcoin's lead sponsor.
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  It's going to be an incredible show.
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  We're going to cover a variety of topics.
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  Smash the like button. Thank God it's Friday.
• 28:21
  It's a Friday special. We'll be back in just one
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• 30:06
  At the time of recording, the Bitcoin price is 105,640 block
• 30:11
  height 901,110 sats per dollar. 947 market cap 2.1 trillion
• 30:19
  Bitcoin verse gold market cap 8.66% percentage issued 94.65%
• 30:25
  decline from all time high -5.7% realized as monetary inflation
• 30:30
  continuing to take Fiat currencies to absolute school
• 30:34
  .85%. Anyways, Coinbase has been
• 30:38
  dropping these absolutely amazing prop.
• 30:41
  I mean commercials, and they've been absolutely fantastic.
• 30:46
  I got a couple lined up for you guys.
• 30:48
  Let's check them out. In 2012, you need 30,000 Bitcoin
• 30:55
  to buy this house. could be yours for five.
• 31:12
  If home prices keep falling in Bitcoin, why do they keep rising
• 31:16
  in dollars? I mean, very, very important
• 31:24
  question. You guys know that I love the
• 31:26
  phrase the Overton window. Why do they keep rising in
• 31:31
  dollars and why do they keep dropping in Bitcoin?
• 31:35
  Hmm, let's go in on there. Anyways, let's check out the
• 31:37
  second one. Every day, the Fed prints an
• 31:41
  average of $465 million. That's 26,000 shipping
• 31:47
  containers a year created out of thin air.
• 31:52
  Maybe that's why the dollar loses value over time.
• 31:56
  But there's one thing they can never print more of Bitcoin.
• 32:00
  At the size of 1/4. This is all there will ever be.
• 32:03
  Shouldn't the store of value hold its value?
• 32:08
  I mean, I think the House 1 was a little bit more impactful
• 32:11
  personally because I think it like connects it to that.
• 32:15
  I think it's like very difficult for you to like even get a sense
• 32:19
  of how much money is printed. But yeah, I mean, this is, this
• 32:24
  is what you do. This is you know, this is we,
• 32:26
  we, I think we've coined this term here at simply Bitcoin
• 32:29
  narrative trench warfare on the battlegrounds of the Internet
• 32:33
  and moving over the at Overton window, really getting people to
• 32:37
  to realize that, hey, you know what the American dream is not
• 32:41
  dead. You're just using the wrong unit
• 32:43
  of account. The American dream is is
• 32:46
  thriving. In fact, the American dream has
• 32:48
  been exported all around the world.
• 32:51
  All you got to do is switch your unit of account.
• 32:54
  All you got to do is switch your currency.
• 32:56
  So, and I'm also kind of glad as well, you know, of course we we,
• 33:01
  we primarily support, you know, Bitcoin only companies that of
• 33:05
  course we recommend Bitcoin well as your.
• 33:08
  Bitcoin on ramp? Of course.
• 33:10
  But I'm glad that Coinbase, you know, which is included in the
• 33:15
  S&P 500, has shifted a little bit.
• 33:18
  They're, they've, they've, they've shifted away from the
• 33:21
  whole altcoin stuff and they're shifting more so to the Bitcoin
• 33:25
  stuff. And why am I saying that?
• 33:27
  All these commercials have been about Bitcoin #1 #2 the coin,
• 33:32
  the, the credit card that they just released, which looks sick,
• 33:36
  by the way. It's like metal.
• 33:37
  It has the white paper on it. They teamed up with Amex,
• 33:40
  American Express. That gives you Bitcoin Cash back
• 33:46
  and shout out to Gemini too 'cause Gemini believe released
• 33:49
  one as well. And of course fold.
• 33:51
  And those are all Bitcoin Cash back.
• 33:53
  It isn't like Cardano cash back or I don't, I don't.
• 33:57
  Even know the names of all coins these days.
• 33:59
  Pepe cash back or something? Opti's wearing a Pepe shirt.
• 34:04
  But anyways, you guys get the point right, you know, So
• 34:07
  bitcoins winning the Overton window is shifting.
• 34:11
  And I think it's just a matter of time.
• 34:12
  So I'm going to pass it on to Paul.
• 34:13
  Paul like that is a very strong message.
• 34:16
  That was a 30 second commercial. They got a lot across, a lot of
• 34:20
  information across regarding, you know, why are housing prices
• 34:27
  getting more expensive in dollars and why are they getting
• 34:30
  more expensive in why are they getting less expensive in
• 34:32
  Bitcoin? Paul.
• 34:34
  It's good to see Coinbase catch up with the Bitcoin crowd.
• 34:37
  I mean, they're figuring it out. Bitcoin is the only source of
• 34:40
  real money and you know you you guys spoke about I like this new
• 34:44
  phase Opti we're talking about the new phase of Bitcoin
• 34:47
  adoption in this era at the corporate and Wall Street level
• 34:51
  and they're shit coining right They're they're they're it's
• 34:53
  blockchain everything. It's you got to have more you
• 34:56
  got to have a portfolio. You got to have more than one
• 34:58
  coin. They they're the new adopters
• 35:01
  and they're going through the exact same thing we all went
• 35:03
  through in 2014, 2017, 2021. So, so this is just part of the
• 35:09
  cycle. You discover Bitcoin, you think
• 35:12
  it that big blockchain is, is this new innovation that's going
• 35:16
  to change the world. You want to have more than
• 35:19
  Bitcoin because you feel like you, you may be missed out.
• 35:22
  You make those mistakes, you learn, you come back to Bitcoin.
• 35:25
  Coinbase is doing a great job with their marketing, with the
• 35:30
  the number of incentives on their platform to trade shit
• 35:35
  coins. You know, I'm not into that.
• 35:37
  I'm sure it's a money maker for them.
• 35:39
  It's kind of like probably going into the grocery store, you get
• 35:41
  your meat, your vegetables, your milk, your dairy around the
• 35:43
  around the sides and then there's all this crap in the
• 35:45
  middle that's kind of like, you know, the trading of shitcoins
• 35:49
  in my mind, you know. So anyways, that that's where
• 35:53
  I'm at with it. The marketing's awesome and good
• 35:55
  to see them supporting Bitcoin. Yeah, absolutely.
• 35:57
  And I, I love the way that you phrase that, right, which is
• 36:00
  like they're kind of going through it late to the point.
• 36:02
  I mean, they had the opportunity to be this first mover
• 36:06
  advantage. Coinbase only has 8000 Bitcoin
• 36:10
  on their treasury. I mean, this is a company that
• 36:12
  was founded in 2013 and Michael Saylor's just putting them to
• 36:17
  shame because he just focused on Bitcoin only.
• 36:20
  I mean that that should tell you everything you need to know.
• 36:23
  So, you know, they're finally, you know, seeing the light.
• 36:26
  I, I agree with you, Paul. I don't think they're gonna get
• 36:28
  rid of, you know, a a extremely profitable part of their
• 36:32
  business, but they are they they are seeing the signs and they
• 36:37
  are, you know, and at the end of the day, I love market
• 36:39
  incentives because fundamentally, I don't think
• 36:42
  coin base would just do this. You know, like, okay, guys, you
• 36:45
  know, you guys are right. Like it's Bitcoin.
• 36:47
  No, no, no. They see the Gemini card, they
• 36:50
  see fold, right? You know, they see these other
• 36:53
  companies, they see Microstrategies performance and
• 36:57
  they're at the end of the day because it's a public company,
• 36:59
  they're beholding to their shareholders, right?
• 37:01
  So Brian Armstrong has to you. Know prove like he knows what
• 37:04
  he's doing, right? Yeah.
• 37:06
  And you know, there's been a lot of pressure like over the years
• 37:08
  by federal has had opportunities to take on investment and those
• 37:12
  those investors that that capital, they didn't really
• 37:16
  understand Bitcoin either. And they wanted diversify
• 37:20
  portfolios. They wanted to see that you
• 37:22
  offered more than one thing. They they they saw that just
• 37:27
  offering one coin was a was a risk because they didn't really
• 37:32
  understand the protocol. So I can understand to a certain
• 37:36
  level how how Coinbase went down this path to get where they are
• 37:41
  today. But like you said, in every
• 37:44
  cycle, Bitcoin continues and the alt coins continue to
• 37:50
  underperform. So I don't think there's been a
• 37:52
  single altcoin that has outperformed Bitcoin in more
• 37:55
  than one cycle. So over the long term, people
• 37:58
  are learning the lesson and they're they're, they're getting
• 38:00
  the message, they're receiving the signal.
• 38:03
  The Bitcoin is the real change and the Bitcoin is the true
• 38:06
  signal. So, you know, I try, I've tried
• 38:09
  to tell many, many people over the years to stay out of that
• 38:12
  game and just stack as much Bitcoin because I made that same
• 38:16
  mistake, right? I lost a lot of money with, with
• 38:18
  all coins thinking in my early days in, in 2017.
• 38:23
  But it, it, you are going to learn one way or another.
• 38:26
  Usually you learn from pain. That's the, that's the part of
• 38:29
  being human. And you know, you hurt yourself,
• 38:31
  you get in trouble, you make mistakes, you learn, and
• 38:34
  hopefully you change. Yeah, absolutely 100%.
• 38:37
  Man, It's it's so much easier just to stay humble stacks at
• 38:41
  stay solvent. You know, we've been echoing
• 38:45
  that message for many, many years here at Simply Bitcoin
• 38:49
  Opti. I'm going to pass it on to you,
• 38:51
  my friend. What are your thoughts bro?
• 38:54
  Yeah, well, I'm taking a much more cynical view here.
• 38:57
  Like Paul said and Nico were saying, they are doing a good
• 39:00
  job marketing Bitcoin, but personally it just feels like a
• 39:03
  orange rebrand here because selling shit coins is not the
• 39:07
  sell it used to be. And Coinbase, even though they
• 39:11
  are making some good commercials right now and they are putting
• 39:13
  it in front of, you know, different eyes, a whole new
• 39:16
  audience. And I and I'll give them that W
• 39:18
  right there. And, and the Coinbase card does
• 39:20
  sound interesting, but I think when some said in the chat, I
• 39:23
  don't, I don't think a 65 IQ with a really bad credit score
• 39:26
  could probably get that credit card.
• 39:27
  But hey, you know, there, there's still some good things
• 39:30
  there. But there's been some other
• 39:33
  things that I've seen on Twitter in the last couple of days that
• 39:36
  don't make me so hyped about what Coinbase is doing.
• 39:39
  One, they just hired a, I'll put it this a shady political
• 39:43
  adviser to be be an advisor on the board of Coinbase, which
• 39:48
  again, I didn't have time to go check out all the details for
• 39:51
  you guys. And then second, they just
• 39:53
  unleashed every shit coin ever to be sold on Coinbase via some
• 39:58
  kind of decentralized exchange protocol thing.
• 40:02
  I don't know. So yes, I'll give them AW of
• 40:06
  their orange rebrand with their Bitcoin marketing and their
• 40:09
  Bitcoin commercials. We all know it's Bitcoin but
• 40:12
  they they literally just unleash shit coins on.
• 40:14
  The masses, like every shit coin ever created is now being
• 40:18
  possible to be bought on coin base.
• 40:21
  It's A. It's an L.
• 40:22
  I'm going to push back on Opti for a SEC as.
• 40:25
  You're wrong, but okay. I get out of here, you're the
• 40:31
  appropriate soundboard. Yeah, I got you the appropriate
• 40:34
  one right here. You are fake dudes.
• 40:36
  That's. It so anyways, I do want to give
• 40:40
  a shout out to live stream 1800 of you guys watching live
• 40:42
  between YouTube and X and 355 of you guys watching live on
• 40:47
  rumble. If you guys are enjoying the
• 40:48
  show, you know what to do smash that like button.
• 40:53
  Anyways, going back to opti's point, no, I disagree dude.
• 40:56
  No one's making the that level of of media.
• 40:59
  In Bitcoin, I I I I do I no. I agreed with you and I said the
• 41:03
  marketing's. Great.
• 41:04
  Not only that, like they're not only are they making that level
• 41:08
  of media, but they're putting that on like legacy media.
• 41:13
  So like, that's on people's TV networks and those are the
• 41:17
  commercials they're seeing. We're not disagreeing.
• 41:19
  I I admitted that so it's but then they're unleashing a whole
• 41:24
  new no, whole literally unleashing every shit coin
• 41:27
  possible on Coinbase. So yeah, exactly, you know, sell
• 41:30
  Bitcoin on your platform and then you get on the platform and
• 41:33
  then you're inundated with what, like 21 million shit coins, IB
• 41:37
  and hey. Yeah, I'll.
• 41:39
  Give them the W, but there's some L.
• 41:41
  SI mean obviously, and This is why we recommend Bitcoin well
• 41:44
  right, which is a Bitcoin only on ramp.
• 41:46
  You know self custody by default, but you know at the
• 41:49
  same time bro, as as people that have committed their lives to
• 41:53
  propagating the big listen, you guys have to understand when me
• 41:56
  and opti got into this game right like.
• 41:59
  The only people. That were making content was
• 42:02
  like Andreas and Max and Stacey, right?
• 42:04
  Like that. That was it.
• 42:05
  There was literally nothing. It was like a bunch of altcoin
• 42:08
  panels, but there was no Bitcoin only content, right?
• 42:12
  So like, you know, seeing that like the infancy of Bitcoin only
• 42:16
  media, which was like 2020 to like where we are now and I'm
• 42:20
  seeing professionally done commercial.
• 42:23
  I'm telling you that commercial cost a fortune.
• 42:26
  That was a 30 second commercial. But I'm telling you from a
• 42:28
  production standpoint, it was a lot of money, right?
• 42:32
  The voice actor, the graphics, the blah, the this.
• 42:36
  And it was extremely effective. So I mean, like, I get what
• 42:40
  you're saying because what you're saying is true, but
• 42:42
  simultaneously, you know, they aren't advocating.
• 42:46
  For. You know the altcoins on that
• 42:49
  commercial they're advocating for Bitcoin.
• 42:51
  Yeah. But then you go on their
• 42:52
  platform and you're in. This is also true, which is why
• 42:57
  we recommend bitcoinwell.com/simply.
• 43:00
  Anyways, guys, it's gonna be a hell of a show.
• 43:03
  Some news dropped last night. We are on YouTube.
• 43:06
  So we're going to be careful with our wording and our
• 43:08
  framing. But the TLDR war sucks and we're
• 43:13
  going to be making the case as to why Bitcoin ends wars.
• 43:17
  And you know, a world on a Bitcoin standard where
• 43:21
  governments no longer have the ability to just create money out
• 43:25
  of thin air actually ends this endless cycle that I think
• 43:28
  humanity has been going through for the past 100 years.
• 43:32
  The Ron Paul all quote comes to mind, right?
• 43:34
  It's not a coincidence that the century of central banking is
• 43:38
  also the bloodiest century in human history.
• 43:40
  So we're going to be doing a little bit of a deep dive on
• 43:42
  that because I think yesterday was very consequential from a
• 43:46
  historical standpoint. So let's cover it.
• 43:49
  We're going to get to it in the new segment.
• 43:51
  We'll be right back in just one second.
• 43:54
  I want to give a shout out to our sponsor Casa.
• 43:57
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• 44:01
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  anything on the cold card.com store anyways, some events
• 46:35
  happened in the Middle East yesterday just in the Middle
• 46:39
  East has been at war for so long.
• 46:41
  I would say the world has been at war for so long, and my
• 46:46
  message to this is very simple. Buy Bitcoin and war.
• 46:51
  Now, what I mean by that, we're gonna kinda go dive deep into
• 46:55
  that topic, did a little bit of research, did a little bit of
• 46:57
  prep. And I wanna take advantage of
• 46:59
  the fact that we have Paul on the show to chime in.
• 47:03
  And this was my initial response yesterday.
• 47:06
  And the the post actually absolutely blew up.
• 47:09
  I won't be able to say the second line, but basically, you
• 47:12
  know, frustrating. It's frustrating because at the
• 47:15
  end of the day, I think most human beings on planet Earth
• 47:19
  just want to get by. They just want to feed their
• 47:22
  family. They just want to provide and
• 47:26
  they just want to live and they just want to, you know, get get
• 47:29
  going. Right, but this Fiat money
• 47:32
  printer fuels things. It fuels horrible things, right?
• 47:36
  We were talking a little bit about that in the opening
• 47:39
  segment. Essentially how, you know, we
• 47:42
  have an UN meritocratic society not based on meritocracy, a
• 47:48
  society where the middle class has been hollowed out
• 47:51
  essentially. And there are also other effects
• 47:55
  to a world on a Fiat standard. So this is what I posted last
• 47:58
  night. I said another war brought to
• 48:00
  you by politicians with money printers.
• 48:02
  Fiat is a cult. And then of course, Lynn Alden
• 48:06
  posting referencing the 4th turning.
• 48:09
  And the last time we were in a fourth turning, ladies and
• 48:13
  gentlemen, it was actually back in.
• 48:15
  World. War 2, and thing is with 4th
• 48:20
  Turnings, is because the generations are so far, far
• 48:23
  apart, the world forgets the lessons of the past and what
• 48:29
  people have to remember, what people have to understand.
• 48:31
  I'm gonna pull up this picture. I actually have this picture as
• 48:34
  one of my revolving wallpaper on my laptop.
• 48:40
  And essentially it's just a bunch of brave American soldiers
• 48:45
  heading on to the beach. Normandy, D-Day, you know, and
• 48:49
  it was, you know, and you can make an argument it was for a
• 48:51
  noble cause. the United States was attacked Pearl Harbor.
• 48:56
  But what people forget is that the United States built a
• 49:00
  machine to fight World War 2 and that machine hasn't been
• 49:05
  dismantled. In fact, a president, in fact
• 49:10
  the president who was one of the key generals in World War 2,
• 49:15
  warned about this machine in his farewell address.
• 49:21
  Now this conjunction of an immense military establishment
• 49:24
  and a large arms industry is new in the American experience.
• 49:30
  The total influence, economic, political, even spiritual, is
• 49:36
  felt in every city, every State House, every office of the
• 49:39
  federal government. We recognize the imperative need
• 49:43
  for this development, yet we must not fail to comprehend its
• 49:48
  grave implications. Our toil, resources and
• 49:52
  livelihood are all involved. So is the very structure of our
• 49:56
  society. In the councils of government,
• 50:00
  we must guard against the acquisition of unwarranted
• 50:04
  influence, whether sought or unsought, by the military
• 50:08
  industrial complex. The potential for the disastrous
• 50:12
  rise of misplaced power exists and will persist.
• 50:17
  We must never let the weight of this combination endanger our
• 50:20
  liberties or democratic processes.
• 50:23
  We should take nothing for granted.
• 50:26
  Only an alert and knowledgeable citizenry can compel the proper
• 50:31
  measuring of the huge industrial and military machinery of
• 50:34
  defense with our peaceful methods and goals, so that
• 50:39
  security and liberty may prosper together.
• 50:44
  So ever since he gave that historic speech, first time
• 50:49
  mentioning the, you know, World War 2 machine, the AKA military
• 50:55
  industrial complex, the United States has been in a constant
• 50:59
  war for the last 70 years, basically, right?
• 51:03
  Korean War, Vietnam War, all the wars in between, the Iraq war,
• 51:09
  the Afghanistan war, Ukraine war is a proxy war.
• 51:13
  And then this current situation that's happening in the Middle
• 51:17
  East. You have to ask yourself, you're
• 51:19
  like, Nico, what the F does this have to do with Bitcoin?
• 51:22
  Like what are you talking about bro?
• 51:24
  Like dude, this isn't a history channel.
• 51:26
  This isn't a history show. What are you talking about?
• 51:29
  I'm going to make the case for you guys today that by buying
• 51:32
  Bitcoin you end war by the world transitioning to a Bitcoin
• 51:37
  standard. War's end.
• 51:39
  Why? Fiat currencies give the state
• 51:42
  the power to print money to fund wars without immediate taxation
• 51:46
  and consent from the population. This hidden war tax allows
• 51:50
  conflicts to be prolonged far beyond what people would
• 51:54
  tolerate if they were paying directly Bitcoin with a fixed
• 51:58
  supply and decentralized issuance.
• 52:01
  Eliminates this cool this tool. Governments would be forced to
• 52:05
  finance wars transparently, either through taxation or
• 52:09
  voluntary borrowing, making endless wars politically
• 52:13
  unviable. Now the other thing is it
• 52:17
  changes the incentive. In a sound money regime,
• 52:21
  violence becomes expensive and cooperation becomes more
• 52:26
  profitable. Bitcoin encourages international
• 52:29
  trade and voluntary exchange over conquest because plunder
• 52:34
  can't be easily monetized or laundered through central banks.
• 52:39
  Bitcoin also gives sovereign monetary power back to
• 52:44
  individuals and reduces the reliance on national currencies.
• 52:48
  The decentralization of financial power weakens
• 52:51
  centralized authorities ability to command obedience and fund.
• 52:56
  Total. War.
• 52:57
  In a Bitcoin standard world, core coercive taxation and
• 53:02
  capital controls become unenforceable, undercunning the
• 53:06
  state's war apparatus at its root.
• 53:09
  And remember, this is something that Dwight D Eisenhower, one of
• 53:15
  the generals in Europe that was responsible for the victory of
• 53:19
  the United States War 2 in Europe, that was eventually
• 53:23
  elected, elected president. He warned, 'cause he saw he's
• 53:26
  like, Oh my God, we built this giant machinery to fight this
• 53:33
  war. And he said a key thing in that
• 53:37
  speech. Did you catch that, Opti?
• 53:40
  He said spiritual. He said spiritual.
• 53:43
  That is a very, I'm getting chills when I'm saying that.
• 53:46
  It's a very powerful word to mention.
• 53:50
  Now before I pass it on to Paul, I do kind of want to give a
• 53:53
  little bit of a of a contrast, Right.
• 53:56
  So, OK, you'd say Nico, but like, hold on a second.
• 53:59
  Wars have always been a thing. Like that's like kind of human
• 54:02
  nature. Like what are you talking about?
• 54:04
  Like buy Bitcoin and wars. Like, you know, that's
• 54:07
  ludicrous. Well, that's not how it always
• 54:09
  worked back in the middle, back in the middle, middle medieval,
• 54:16
  like era. Specifically, I'm going to bring
• 54:19
  up the 100 Years War. Essentially, the wars would end
• 54:24
  when the kings ran out of money, so I'll give you a couple
• 54:28
  examples. So King Edward the Third's war
• 54:31
  effort was stalled multiple times due to lack of funds.
• 54:36
  Each phase of the 100 Years War saw military pauses or treaties,
• 54:42
  often because one side ran out of money or couldn't pay the
• 54:47
  soldiers. In the pre Fiat hard money era,
• 54:52
  especially during the Middle Ages, the King's ability to wage
• 54:55
  war was directly tied to his treasury.
• 54:58
  No gold or silver meant no soldiers, no supplies, and no
• 55:02
  war. So this is what I'm talking
• 55:05
  about right? I'm not saying that Bitcoin will
• 55:08
  get rid of wars all together, but what Fiat allows is hidden
• 55:13
  taxation that allows the funding of war without the population
• 55:19
  being aware of it. And if you look at the economic
• 55:23
  cost of the Iraq and the Afghanistan war, I'm not going
• 55:27
  to get into the justifications of those wars.
• 55:29
  They're to the tune of trillions of dollars that it cost the
• 55:33
  American people, right? And imagine if those if those
• 55:37
  trillions of dollars are redirected to jobs,
• 55:41
  infrastructure, like actually not destruction and death and
• 55:47
  doom, but optimistic, hopeful, prosperic projects, right?
• 55:54
  It would completely change the game.
• 55:56
  So yeah, man, I'm going to stick to my messaging.
• 55:58
  After what I saw last night, I'm sick and tired of this.
• 56:02
  Buy Bitcoin and war, fix the money, fix the world.
• 56:08
  Full stop. That's it, Paul.
• 56:10
  I'm going to pass it on. Paul.
• 56:13
  I'm going to pass it on to you, man.
• 56:15
  Like dude, I'm just sick and. Tired of this bro.
• 56:18
  And I'm not trying to justify it seems like people are liking
• 56:21
  this too because the live stream numbers went up.
• 56:24
  People, people like dude, like I'm just, I'm just tired of it,
• 56:28
  man. Like I, I look and I'm not
• 56:30
  trying to take any side. I I, I don't have any skin in
• 56:34
  that rate. I don't have it like I, I just
• 56:36
  it's not, it's not what we're about as a Bitcoin channel like
• 56:40
  we're not here Comment. Politically and say this side or
• 56:43
  this. Side, which is why I've left
• 56:44
  everything out of just focused on American history and all
• 56:48
  that. But you know, Fiat fuels endless
• 56:51
  wars. Right.
• 56:52
  Absolutely. Fuels destruction, right?
• 56:57
  And Bitcoin on a world on a sound money standard, as I
• 57:02
  pointed out to you guys, completely takes away that
• 57:06
  ability. Right.
• 57:07
  Yeah. So the sound money standard,
• 57:10
  like you said, makes it harder to fund wars.
• 57:12
  But there's another aspect to Bitcoin that is so important.
• 57:17
  And hopefully this illustrates the point for all the people
• 57:19
  that are buying the ETFs and buying shares of of of
• 57:22
  companies. The fact that you can hold your
• 57:26
  own keys is what really turns up the dial on war prevention,
• 57:34
  because there were a lot of wars fought simply to seize the gold
• 57:40
  of your enemy. And even though we are on a hard
• 57:43
  money standard, it was profitable to take the risk to
• 57:49
  go get that gold. And the there's still gold
• 57:52
  buried from the losers of wars that we have not found, right?
• 57:56
  So countries that have lost that have buried their resources so
• 57:59
  that their enemy doesn't get it and we don't know where it is.
• 58:01
  All right, It's lost forever. So so it's the it's the private
• 58:06
  keys, your ability to solve custody the ability for a
• 58:08
  government to lock that Bitcoin in in a in a way that their
• 58:13
  enemy cannot seize it. That's also a big incentive to
• 58:16
  prevent war going to I, I forget I saw in the post, I think it
• 58:23
  was Elaine Lowell said all wars are banker wars.
• 58:26
  And that's such an important comment because when you look at
• 58:33
  history, not only the United States, but of, of Europe, you
• 58:37
  begin to see that bankers have the incentive to push for war.
• 58:47
  And so let me let me describe that.
• 58:49
  And I and I think if you want a really good explanation of this,
• 58:52
  go watch Alex Craner describe it on Palisade Gold, Palisades
• 58:57
  Radio in that as banks issue debt, they need to have that
• 59:06
  debt backed by collateral in order to be solvent.
• 59:11
  So from that from that perspective, as you start to
• 59:14
  build out a debt based economy in say Europe and then that
• 59:21
  expands to the US and you fill that up in the US, now you start
• 59:25
  to look for additional resources and territories where you can
• 59:29
  make loans. That's why we have global
• 59:32
  bankers. That's why a lot of bankers are
• 59:34
  globalist because they use that military industrial complex.
• 59:41
  And I would add to that military industrial intelligence complex
• 59:45
  in order to implement regime change carrots and sticks, the
• 59:52
  to implement economic hitmen in order to get more resources that
• 59:58
  they can lend against. So when a bank has achieved Max
• 1:00:05
  debt issuance in a jurisdiction, bankers, and I'm speaking mostly
• 1:00:10
  about central banks, they're incentivized, especially as
• 1:00:15
  those economies start to falter and they start to see risks in
• 1:00:19
  their balance sheet to go out, create wars, back wars that are
• 1:00:25
  going to give them more territory, more resources, more
• 1:00:28
  assets to lend against. So they drive this forward.
• 1:00:33
  And it, it is the cancer at the root of the problem.
• 1:00:39
  So if we, This is why Bitcoin was created, right?
• 1:00:42
  Bitcoin was created as separate money from separate money from
• 1:00:45
  state. It's all about killing central
• 1:00:48
  banks. Yep. 100%.
• 1:00:53
  You know, this is the number one thing, the most passive protest
• 1:00:58
  we've ever and the and the best opportunity we've ever had to do
• 1:01:01
  a peaceful protest against war, which is also against Fiat, also
• 1:01:07
  against central banking, all of which are aligned in creating
• 1:01:12
  the destruction as far as war itself is concerned.
• 1:01:16
  I'm disgusted by it. It absolutely is is just
• 1:01:22
  madding. And you know, if I if I had a
• 1:01:26
  golden wand, I would never let a policy maker take us to war if
• 1:01:33
  they weren't willing to put themselves and their family on
• 1:01:35
  the front lines with anyone holding that gun.
• 1:01:39
  The soldiers that protect us and take that action into their own
• 1:01:42
  hands, God bless them. But I think many of them are
• 1:01:46
  waking up to the fact that the politicians putting them that in
• 1:01:50
  that position are oftentimes not doing it for the right reasons.
• 1:01:55
  I'm in full belief of protecting our borders and having a strong
• 1:02:01
  defense. I am in no way support of
• 1:02:07
  colonization, spreading democracy.
• 1:02:12
  Those things need to happen within the countries themselves.
• 1:02:15
  They need to come from their people and we can cheer for
• 1:02:19
  them. We can help them, we can provide
• 1:02:20
  them property rights through Bitcoin.
• 1:02:22
  We can provide them access to decentralized finance.
• 1:02:26
  But it has to be grassroots from the ground up, and we have to
• 1:02:30
  stop playing this game. Hey, man.
• 1:02:32
  Yeah. Listen and you said something
• 1:02:36
  really important there, Paul. You said many things that are
• 1:02:41
  important there. I want to focus on a couple of
• 1:02:43
  them, which is you mentioned basically in a non coercive
• 1:02:50
  means. So this is optional, this is
• 1:02:53
  voluntary. You know, it's it's not
• 1:02:57
  spreading democracy through coercive means, by the way,
• 1:03:01
  spreading democracy to cultures and people that perhaps they
• 1:03:06
  just don't understand democracy, right.
• 1:03:10
  And, you know, that is something to point out.
• 1:03:13
  And I just want to give, you know, a shout out to our troops
• 1:03:18
  here in the United States, right, who signed up and put
• 1:03:23
  their lines, their their lives on the line, you know, for their
• 1:03:27
  country. But I don't think that, you
• 1:03:31
  know, the justifications were based on, you know, the
• 1:03:38
  justifications as to why we were sending those troops.
• 1:03:41
  Where were the actual reasons, right?
• 1:03:45
  Like you have to you have to you guys have to understand like the
• 1:03:49
  United States after experiencing World War One.
• 1:03:52
  This is why this picture is so powerful.
• 1:03:54
  And I have it as my as my desktop, as one of my desktop
• 1:03:57
  pictures the United States after experiencing World War One.
• 1:04:02
  We did not want to go to war. Like it, it, It was very
• 1:04:06
  difficult for FDR to get the United States involved in World
• 1:04:11
  War 2. It was only until, you know,
• 1:04:16
  Japan attacked Pearl Harbor where essentially the United
• 1:04:20
  States got involved, right? So you know all those young men.
• 1:04:24
  That you see storming the beach and Normandy, you know,
• 1:04:28
  basically in a hail of gunfire. MG 42 They did it with the
• 1:04:34
  understanding that their country was.
• 1:04:36
  Attacked, Right, That hasn't been the case.
• 1:04:40
  Right, That hasn't been the case, you know, and you can make
• 1:04:44
  the argument for for kind of 911 and you know, and all that
• 1:04:48
  stuff, but you know, I don't think Iraq had anything to do
• 1:04:52
  with 9/11, right? So, you know, it's, it's, it's
• 1:04:57
  kind of like, you know, a lot of of, of, of you know, a lot of
• 1:05:03
  casualties, a lot of nihilism, you know, not to mention like,
• 1:05:08
  you know, the, the mental health issues that a lot of these vets
• 1:05:10
  have to go through once they come back, right?
• 1:05:13
  Like, you know, it, it, this has to stop.
• 1:05:16
  This has to stop. And the way we stop it, as Paul
• 1:05:19
  so correctly pointed out, was through a peaceful, non coercive
• 1:05:24
  way and through a silent peaceful protest of opting out.
• 1:05:29
  All you got to do is opt out. And if enough if enough of the
• 1:05:32
  pop of the population opt out into Bitcoin, it takes away the
• 1:05:40
  ability for the central banks to continue funding this death and
• 1:05:45
  destruction. Right.
• 1:05:46
  I would just add a little something extra there.
• 1:05:49
  You do need to opt out with the money, but you also need to
• 1:05:52
  understand lawful versus legal. And if you look at the founding
• 1:05:59
  of this country, that some of the founding fathers, many of
• 1:06:01
  them understood this. And we, we came to this country
• 1:06:07
  to flee central bank authoritarianism and to try and
• 1:06:11
  break this cycle. We were opting out by coming to
• 1:06:14
  this country. And that system, the legal
• 1:06:18
  system of Europe, followed us here and we fought, many
• 1:06:25
  presidents were assassinated and we fought wars over the
• 1:06:29
  prevention of the creation of a central bank here.
• 1:06:34
  The that was lost in 1913. And since that time, we have
• 1:06:42
  lost a lot of our traditional Republic values and now operate
• 1:06:52
  with a democracy set on top of the Republic.
• 1:06:55
  And this has created a, a, a situation where I, I saw
• 1:06:59
  somebody else mentioned in, in the, in the comments that we are
• 1:07:02
  all seen as enemies of that, that the state.
• 1:07:07
  And I, I think that's one way to look at it, another way to look
• 1:07:10
  as we're all seen as chattel for the state and we need to take
• 1:07:15
  back our sovereignty as people so that we can stand up against
• 1:07:23
  this, this organized attack, which is not American, meaning
• 1:07:29
  the attack on the American people.
• 1:07:31
  We all have a power and a liberty and, and, and Bitcoin is
• 1:07:35
  the, the torch that's burning for that for us to return to
• 1:07:38
  that. But we have to take that torch
• 1:07:40
  and we have to be willing to speak that openly and freely in
• 1:07:45
  order to re attain that power as sovereign citizens within in
• 1:07:50
  this country. If we don't do that, they will
• 1:07:53
  try. They will try and Co-op the
• 1:07:54
  system once again. So 100%, it's ongoing, 100% and,
• 1:08:00
  and the way that you do this, ladies and gentlemen, is again,
• 1:08:03
  you do this peacefully and you do this by earning Bitcoin,
• 1:08:08
  buying Bitcoin, mining Bitcoin, taking that Bitcoin, put it into
• 1:08:12
  self custody. If enough of us do this, we win
• 1:08:16
  and there's nothing anyone else could do about it.
• 1:08:19
  It's about individuals reclaiming back their financial
• 1:08:22
  sovereignty, so it cannot be debased.
• 1:08:26
  That's really what it comes down to individuals reclaiming their
• 1:08:30
  sovereignty, their power, their work, their time back.
• 1:08:34
  And you know this previous election, right?
• 1:08:39
  You know, you saw essentially you saw, you know, like with
• 1:08:45
  Operation Choke .2 point O how certain elements of, you know,
• 1:08:51
  of the government are against Bitcoin and make no mistake,
• 1:08:55
  they're against Bitcoin because they they they don't want people
• 1:08:59
  reclaiming back their sovereignty.
• 1:09:01
  And Paul's absolutely right. You know, the, the amount of
• 1:09:06
  freedoms that have been essentially been taken away
• 1:09:11
  since the establishment of the Federal Reserve, Like it's been
• 1:09:14
  a downward, downward down. Like it's just like you can look
• 1:09:19
  at it from historical basis, right?
• 1:09:21
  And even with the, with the introduction of the federal
• 1:09:25
  income tax that originally was proposed as a tax for the,
• 1:09:30
  we've, we've heard this before, right, for the very wealthy.
• 1:09:34
  And it was a 3% tax by the time World War 2 came around, right?
• 1:09:39
  The top income tax was 90%. And it wasn't until Ronald
• 1:09:44
  Reagan where it was moved back down again, right?
• 1:09:48
  So like, you know, that's crazy. Think about that for a second,
• 1:09:52
  right? You know, you spend half your
• 1:09:54
  time like if you think about it on a yearly basis, right?
• 1:09:58
  You work for a year and let's say you're effective income tax
• 1:10:01
  rate is 25% or 37%. You're spending 37% of the year
• 1:10:08
  working for the state or working for the government.
• 1:10:11
  And then you have to ask yourself, like, what am I
• 1:10:13
  getting for that? Where are they sending that
• 1:10:15
  money? Where is that money being used
• 1:10:17
  for, right? And then that's kind of like
• 1:10:19
  kind of like a deep rabbit hole, right?
• 1:10:21
  So something happened in 1913 that we have to address.
• 1:10:25
  And I don't think there's a traditional political solution
• 1:10:30
  to this in the sense of I don't think it's so entrenched, so
• 1:10:35
  many people rely on this Fiat system, right, that are in
• 1:10:40
  positions of power that I don't think that kind of voting
• 1:10:44
  yourself out of it is going to work.
• 1:10:46
  In that sense, I think the true way forward is a mass protest,
• 1:10:53
  peaceful protest of individuals reclaiming back their financial
• 1:10:56
  sovereignty by buying Bitcoin, earning Bitcoin, mining Bitcoin,
• 1:11:00
  and putting that Bitcoin into self custody.
• 1:11:02
  That's what I think. That's my opinion, right?
• 1:11:05
  Anyways guys, we still have a hell.
• 1:11:06
  Hey, Wade, Nico, before I, I'm not gonna, I'm not gonna rehash
• 1:11:08
  anything you guys said 'cause that was a great RIP.
• 1:11:11
  But for those of you guys wondering what the effects will
• 1:11:15
  be on Bitcoin, I did see this great chart.
• 1:11:17
  Shouts out to Andre Dragosh, I believe, and he goes no across
• 1:11:22
  the past top 20 geopolitical risk event since Bitcoin's
• 1:11:26
  inception, Bitcoin was up checks notes plus 64.6% on average 50
• 1:11:31
  days after the risk event and a + 17.3% median.
• 1:11:35
  So plan accordingly, guys. If you're selling your Bitcoin
• 1:11:38
  right now, you're doing this thing wrong.
• 1:11:40
  Absolutely. If you're selling your Bitcoin
• 1:11:42
  in general, you're doing it wrong.
• 1:11:44
  Don't sell your Bitcoin. Don't sell your Bitcoin.
• 1:11:46
  Anyways, guys, it's going to be a hell of a show.
• 1:11:48
  We got Paul in the house, CEO of Bike Federal.
• 1:11:51
  We're going to be talking to him during the culture segment.
• 1:11:54
  We will be right back in just a second.
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  Dot IO today. All right, everybody, we are
• 1:14:00
  back and we're joined here with Paul, CEO of of Biked Federal
• 1:14:06
  again, one of the largest Bitcoin ATM companies operating
• 1:14:10
  in the United States. Paul, thank you so much for
• 1:14:12
  joining us on the show today. Been and enjoying our
• 1:14:16
  conversation so far, man, we've we've covered so many topics
• 1:14:20
  from Michael Saylor to the deep rabbit hole of what Fiat
• 1:14:25
  enables. So welcome, Paul.
• 1:14:27
  Thank you for having me buddy. Appreciate it.
• 1:14:30
  Appreciate it. So Paul, I mean opti.
• 1:14:33
  Yeah, Yeah, Paul. So I mean, maybe let's do a
• 1:14:36
  short what is BITE Federal? For the people that don't know
• 1:14:39
  what BITE Federal is, obviously if if they've been on the show,
• 1:14:42
  you've heard BITE Federal. But if you're new here, let's do
• 1:14:44
  a short what is BITE Federal? And then we're going to talk
• 1:14:47
  about some breaking news that you just announced this week.
• 1:14:50
  Sure. Bite Federal started in 2016 as
• 1:14:54
  a Bitcoin ATM company. We build all of our kiosks
• 1:14:58
  ourselves here in the United States, so we manufacture and
• 1:15:01
  assemble them here in Florida. We've distributed them across 42
• 1:15:05
  states in the United States where we are also the operator.
• 1:15:09
  So you know, we own the whole stack.
• 1:15:11
  We've also developed a wallet and APOS system.
• 1:15:15
  Right now we have a non custodial wallet where you hold
• 1:15:18
  your own private keys. We have a fully custodial
• 1:15:22
  wallet. They'll be coming out later this
• 1:15:24
  summer, which will be the easy button for for a new, new
• 1:15:27
  entrance to the Bitcoin space. And then lastly, our POS system,
• 1:15:31
  we have about 45 clients and beta right now using that system
• 1:15:35
  in in different in different restaurants, stores, you name
• 1:15:39
  it. And we have a very unique
• 1:15:41
  relationship with a new organization called Neo.
• 1:15:44
  And NEO is building an MLS real estate platform for new
• 1:15:50
  construction. So publicly traded builders and
• 1:15:53
  large developers on the new estate only platform.
• 1:15:56
  If they have customers who want to pay in Bitcoin, we can make
• 1:15:59
  that happen. Let's go, let's go.
• 1:16:02
  Absolutely love it. All right, well, let's get to
• 1:16:04
  the breaking news, Paul. It's been all the rage right now
• 1:16:08
  and everyone's been talking about it.
• 1:16:10
  Bitcoin Conference 2025 was basically 2 conversations,
• 1:16:13
  stablecoins and Bitcoin treasury companies.
• 1:16:16
  And you guys just recently joined Bitcoin for Corporation.
• 1:16:19
  So why did you guys take that step?
• 1:16:22
  We we took that step because it aligned with our mission, right?
• 1:16:25
  So we started buying. We had, before my tenure, we had
• 1:16:29
  a pretty significant Bitcoin reserve during some tough
• 1:16:33
  Financial Times with choke .2 point O Unfortunately that was
• 1:16:36
  liquidated. So we started rebuilding it in
• 1:16:39
  December of 2024. We're buying Bitcoin out of our
• 1:16:43
  cash flow and you know, we're just getting started.
• 1:16:47
  We we want to ramp that up right.
• 1:16:49
  We want to hit 100 Bitcoin by the end of 2025, and with that
• 1:16:53
  goal in mind, partnering with Bitcoin for corporations was a
• 1:16:57
  natural. This is where the game is
• 1:17:00
  happening. This is where the smartest
• 1:17:02
  players in the space are are coming together to optimize
• 1:17:07
  building a strategic reserve of their own.
• 1:17:09
  So we're on that mission and we're excited to be a part of
• 1:17:12
  the club. Amazing amazing that that's
• 1:17:15
  incredible. And I, I love the fact that you
• 1:17:18
  guys are stacking Bitcoin, you know, as a bootstrapped Bitcoin
• 1:17:25
  media company, you know, we're on that Bitcoin, we're on that
• 1:17:30
  Bitcoin treasury strategy as well, trying to accumulate as
• 1:17:33
  much as we can, of course, with the cash flow.
• 1:17:35
  And it's, it's a CHEAT SHEET for a company.
• 1:17:38
  And that's, I think the message that I want to get across, Paul,
• 1:17:41
  because I think people misunderstand.
• 1:17:46
  OK, so I'll break it down like this and I'm going to connect it
• 1:17:50
  with the with the Coinbase AD, right?
• 1:17:53
  Like, you know where they're like look like your house.
• 1:17:57
  On Fiat, it's just getting more and more expensive.
• 1:18:00
  But on Bitcoin, it's getting more and more cheaper.
• 1:18:03
  As a business owner, what keeps me up at night, right?
• 1:18:07
  Making payroll every month, right?
• 1:18:09
  So could you imagine this on Fiat payroll?
• 1:18:12
  Oh, on Bitcoin payroll, right, So it just extends your runway,
• 1:18:18
  just makes your runway longer, longer, longer.
• 1:18:21
  Specifically, the longer you hold, the more benefits you'll
• 1:18:25
  have from accumulating that Bitcoin earlier on, right?
• 1:18:29
  And then all of a sudden, you know, 5-10 years from now you'll
• 1:18:32
  find your company in a position where like, you know, let's say
• 1:18:35
  you accumulate 10 coins or 100 coins like you, like you guys
• 1:18:39
  are saying, right? Like you know when Bitcoin hits
• 1:18:42
  $1,000,000 per coin, $5,000,000 per coin?
• 1:18:45
  You're literally sitting on. 50. $1,000,000.
• 1:18:48
  Right. You know that can make payroll
• 1:18:50
  for like 100 years, right? So like this is the stuff that
• 1:18:53
  I'm talking about. And then you can invest that
• 1:18:54
  money into R&D, you can invest that money into buying more
• 1:18:59
  machines, putting them in different locations, perhaps
• 1:19:02
  expanding internationally, right.
• 1:19:04
  So it puts you in a very advantageous position as a
• 1:19:07
  business owner that I think people under appreciate.
• 1:19:11
  So the fact that you guys are, you know, one of the first to
• 1:19:14
  the punch, I think is going to put you guys in a very
• 1:19:16
  advantageous position. Yeah, we think so too.
• 1:19:19
  It's, it's, it's we're unique in that we are profitable.
• 1:19:23
  We have cash flow and we can use that to buy the best asset in
• 1:19:26
  the world. We're likely enough to be in in
• 1:19:30
  a position where we can realize that.
• 1:19:32
  So, you know, and, and for people that might be considering
• 1:19:35
  doing this for their own, it doesn't.
• 1:19:38
  You know, your, your, your, your business is not too small to
• 1:19:41
  start this. Everybody can do this.
• 1:19:44
  And like Nico said, starting as soon as possible puts you in a
• 1:19:47
  much better position down the road.
• 1:19:50
  You'll always benefit from buying more Bitcoin, but the
• 1:19:54
  sooner you get started, the more rapid the benefit will hit the
• 1:19:59
  bottom line. And once you eclipse a certain
• 1:20:02
  level, there are there's going to be the strategies that you
• 1:20:04
  can apply where you can use your Bitcoin to acquire more Bitcoin.
• 1:20:07
  And you're you're going to start to see the snowball effect and
• 1:20:11
  build that, build that balance sheet out now, because the
• 1:20:14
  products and services that are coming to market for companies
• 1:20:18
  and and individuals, a whole lot of Bitcoin is massive.
• 1:20:22
  This is just beginning its financialization phase and we're
• 1:20:26
  all going to have an A whole new set of tools to do business with
• 1:20:30
  in the next 5-10 years. So get it by you can.
• 1:20:33
  Absolutely. I mean it is the best form of
• 1:20:36
  collateral the world has ever seen.
• 1:20:38
  And to add to your point, Paul, the tools to use that collateral
• 1:20:43
  haven't, we haven't even hit the surface of that, right, What
• 1:20:47
  you're going to be able to do with your Bitcoin.
• 1:20:51
  So, yeah, I mean, it's extremely exciting.
• 1:20:53
  Congratulations to Bight Federal.
• 1:20:55
  That's absolutely massive joining Bitcoin for corporations
• 1:20:59
  on the executive level. That's amazing.
• 1:21:02
  Very, very bullish on Bight Federal.
• 1:21:04
  And Paul, thank you so much for joining us on the show.
• 1:21:07
  Today, My pleasure. You guys are awesome.
• 1:21:09
  Thanks for having me. Sweet opti man it is.
• 1:21:13
  Friday made it across the line. It's been a It's been another
• 1:21:17
  crazy week. Opti and Sophie filled in for me
• 1:21:20
  yesterday 'cause I I was, I was just burnt.
• 1:21:24
  It's. Crazy rage mage got em.
• 1:21:29
  I literally I literally wear all the hats in this company cab.
• 1:21:34
  Niko messages me at all hours of the day so I know he's not late.
• 1:21:37
  Yeah, yeah, he literally does that too.
• 1:21:39
  Opti wears 1 hat I wear I wear 5 hats I wear 7 I.
• 1:21:43
  Wear 12. Well you're winning on that one.
• 1:21:45
  I I wear 5. Anyways, if you this isn't what
• 1:21:48
  I signed up for, dude, I. Wanted to be.
• 1:21:50
  A content creator and they're like yo Nico you're aceo now I'm
• 1:21:53
  like what so this is my what year year year and six months
• 1:21:59
  into CEO stuff lots of lessons along the way we've.
• 1:22:04
  Grown up. But dude, yeah, it was a lot
• 1:22:06
  easier when I was a host. Man, that was a lot fun.
• 1:22:08
  That was a lot more fun. Or anyways, guys, if you guys
• 1:22:11
  enjoyed the show, you know Judy smash that like when and
• 1:22:12
  consider subscribing. Of course, I'm joined here with
• 1:22:15
  my legendary Co host, Optimus Fields, our special guest for
• 1:22:18
  today, Paul, CEO of Bite Federal.
• 1:22:21
  Go check out Bite federal.com if you want to find out more
• 1:22:23
  information. And of course, guys, enjoy the
• 1:22:26
  weekend. Go outside, get some sun, touch
• 1:22:28
  some grass, enjoy your family and we'll see you tomorrow.
• 1:22:31
  I will see you on Monday for a brand new episode of Simply
• 1:22:35
  Bitcoin Live. Today's episode was brought to
• 1:22:38
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:22:41
  mission to enable financial independence.