Latest / Simply Bitcoin / Michael Saylor changed everything and no one even noticed | EP 1460
Transcript
- 0:01Has Michael Saylor change everything and no one even
- 0:05noticed? While we've all been distracted
- 0:08by the Middle East and markets bleeding trillions of dollars,
- 0:12one of Michael Saylor's products has been quietly buying billions
- 0:16of dollars worth of Bitcoin. Could this product alone be the
- 0:22catalyst that end bitcoins bear market early and leave everyone
- 0:26in disbelief waiting to buy Bitcoin at lower prices?
- 0:31I know that sounds crazy, but what Sailor has done with
- 0:36Stretch is truly incredible. There is so much interest in the
- 0:40last week it it really is almost mind blowing what we're seeing
- 0:45happen. And as Sailor said in the past,
- 0:47this is in his opinion the iPhone moment.
- 0:50But before I get into all of the numbers, let me play you the
- 0:54clip from Matt Hogan a bit wise explaining why there is so much
- 0:59interest in this STRC or Stretch product from MicroStrategy.
- 1:05I mean, the leading preferred is STRC, which is a really
- 1:08fascinating instrument for people who don't know
- 1:12corporations can have multiple different kinds of securities.
- 1:15They can have bonds that are just debt instruments.
- 1:18They can have convertible bonds that can convert into shares.
- 1:21They can have common stock, which is just the stock that
- 1:24most of us don't. And then there's this unique
- 1:26streak called preferred equity. Where preferred equity sits is
- 1:31it's above the common in the event that the company goes
- 1:34bankrupt. So you pay off your debts and
- 1:37then you distribute the proceeds first to the bondholders, then
- 1:40convert holders, then preferred. But what what's really unique is
- 1:44that they can pay income, they can pay distribution.
- 1:47So with STRC specifically, it's paying about an 11 1/2 percent
- 1:52annual yield. And then what micro strategy
- 1:55does is it raises or lowers that yield in an effort to get the
- 1:59keep the preferred price at $100.00.
- 2:02So what we've seen even during this massive drawdown is that
- 2:06the preferred stock has stayed right around $100 and the people
- 2:10have been getting 11 1/2% yield and it's mostly tax free because
- 2:15it's technically return of capital, they're able to offset
- 2:18losses. The risk you're taking with
- 2:20something like STRC is that MicroStrategy effectively is
- 2:25deciding what the yield is. So they can make the yield more,
- 2:30they can make the yield less. Theoretically, they could not
- 2:33pay a yield at all. The, the, the reason you're
- 2:36betting they won't take that last option is that it would be
- 2:40a huge reputational damage to the firm.
- 2:43So that's the risk you're taking.
- 2:45But the benefit is you're getting like a, a, a really
- 2:48hefty tax deferred yield, 11 1/2 percent is hard to come by and
- 2:55they've been doing a very good job.
- 2:56I suspect that that the interest in STRC and and and copycats of
- 3:00that will be really significant for the next 12 months or so.
- 3:05All right, guys, that last point, well, rather probably
- 3:09that second to last sentence, that is the main idea right
- 3:13here. 11.5% yield, annual yield is hard to come by and I think
- 3:18This is why we're starting to see it pick up.
- 3:20I think traditional financial investors are starting to look
- 3:23at what Sailor is doing and and they're getting excited.
- 3:27Maybe it's the green bug, whatever you want, but you do
- 3:29not get those type of revert re returns from traditional
- 3:33financial vehicles. That is why this is so
- 3:35interesting. But from you, from the viewer,
- 3:39from someone that might just be a Bitcoin holder, you're
- 3:42probably like, why? Why is this?
- 3:44Why? How could this product in and of
- 3:46itself and the Bitcoin bear market?
- 3:49Well, that's obviously the big speculation.
- 3:51That's the big if. But when you look at the
- 3:53numbers, it is absolutely insane what they've done in the last
- 3:56week, which from our friends over at Bitcoin Magazine really
- 4:02show just how crazy this last week has been for the Stretch
- 4:07product. Sailor's strategy has bought an
- 4:12estimated accumulated 9454 bitcoins so far in the last week
- 4:19via just the STRC product. Just one of Sailor's product has
- 4:24bought close to 10,000 Bitcoin in the last week.
- 4:27Now if you connect that with what with what Matt Hogan said
- 4:30he's like, I'd expect that this might continue for the next 12
- 4:34months, which means there might be a whole new interest into the
- 4:38stretch product. And if this amount of Bitcoin
- 4:41thing happens continuously, if Sailor somehow with one product
- 4:45is miraculously able to buy 10,000 Bitcoin per week and that
- 4:49demand just continues to snowball and get bigger and
- 4:52bigger and bigger. That is an incredible amount of
- 4:55Bitcoin that is going to end up in strategy and just in one of
- 4:59his products, the SDRC product. Now this number again for you
- 5:02guys at home to really wrap your head around just how much
- 5:06Bitcoin they bought in this last week.
- 5:10Remember, 450 Bitcoin are released per day, 9454 Bitcoin.
- 5:17That's about 21 days of Bitcoin buying done in a single week by
- 5:23sailors. So if that continues to go on
- 5:26and they're just chewing up all of this Bitcoin week by week
- 5:30again, demand, supply, economics, you'd expect the
- 5:33price to go up. Now to make this even crazier,
- 5:36this STRC product with the amount of interest it's gotten
- 5:40in the last week, they have now been able to raise enough
- 5:44capital to buy another 4000 Bitcoin.
- 5:47So 9 almost 10,000 this week at minimum 4000 next week.
- 5:53Now you can see how the dominoes are just continuing to grow.
- 5:57If this continues to go up and more people are incentivized to
- 6:00use this coming from more a tradify investor because you at
- 6:04home, you're probably just thinking, hey, I just want to
- 6:06buy Bitcoin in spot. Totally get it.
- 6:09I don't want to buy a levered Bitcoin play.
- 6:11I don't want to buy a security. I want to own Bitcoin.
- 6:14I mean, just do what what sailors doing, right?
- 6:18Yes. But from his perspective, again,
- 6:20a product market fit, he is not necessarily marking these
- 6:24products for us at home. Yes, you can use this product if
- 6:27you're trying to get an 11.5% annual yield, you know, tax free
- 6:32and income. Like obviously there's a there's
- 6:35a product market fit for us as individuals, but from a more
- 6:39traditional institutional investment outlook, this is
- 6:45starting to really be a game changer.
- 6:47And Nico brought this up last week when we mentioned stretch
- 6:50the first time, maybe it was the first time on the show.
- 6:52I think we've hinted at it. It's starting to really, really,
- 6:57I think turn a lot of eyes here, you know, turning a lot of heads
- 7:00here. Sorry, I the optiisms on the
- 7:02show. Anyways, here is the
- 7:05strategy.com stretch dashboard and you can just see the amount
- 7:10of interest, just the amount of money that is already been
- 7:13acquired by this product. And it's their latest product.
- 7:16It's relatively new and you're starting to see it's it's really
- 7:21just picking up. I think it's that, well, I don't
- 7:23think I know it's it said 11.5% annual yield.
- 7:27That is we're starting to see a frenzy around here.
- 7:29You're starting to see that people are really starting to
- 7:32notice this product. Obviously we've seen around the
- 7:35world institutions, hedge funds, even central banks really get
- 7:42incentivized to buy MSTR, just the common stock.
- 7:46Now we might be seeing a whole new incentive structure building
- 7:50on top of these, you know, equities, Bitcoin stocks, what
- 7:55whatever, whatever you want to call them, preferred stocks.
- 7:57You're seeing it. He might have actually done what
- 8:01he said he did a few years ago on I forget what stage it was.
- 8:04It might have just been at the Bitcoin for corporation stage.
- 8:07But he's like, I think this is the iPhone moment for Bitcoin.
- 8:10It's a stretch product. And again, he is tapping into a
- 8:14lot of trap liquidity a lot, a lot of different markets that
- 8:18Bitcoin wasn't really looked at favorably.
- 8:22It wasn't really able or capable of getting and attracting this
- 8:25kind of well. And we're seeing it, it's, it's
- 8:29working like he found an incredible product market fit
- 8:33here. He he and he found himself like
- 8:36the product here. And it is kind of interesting
- 8:39when you remember how Sailor got to this point.
- 8:45And I, I'm not going to, you know, be too cynical about it,
- 8:49but it did seem like Sailor was just kind of throwing products
- 8:53at the wall and seeing what sticks.
- 8:55And some of them were really well, obviously the MSTR stock,
- 8:59the Bitcoin treasury play was obviously he was ahead of the
- 9:03curve on that one. They've been able to acquire
- 9:04close to 1,000,000 coins. They might even be able to get
- 9:07to 1,000,000 coins if this bear market continues to go sideways
- 9:11for a while or even lower. If it goes lower, he's for sure
- 9:13probably going to be able to get to 1,000,000 Bitcoin.
- 9:16But this one, the stretch product, as Matt Hogan said, as
- 9:21we're seeing from the amount of interest, as we're seeing by the
- 9:24amount of Bitcoin that has been accumulated in a single week, it
- 9:28really, it really seems like this one is going to be the game
- 9:33changer product. Maybe you're not interested in
- 9:35just buying a levered Bitcoin play by buying MSTR.
- 9:40Maybe it's just preferred stock because you, you know, you just
- 9:43want to 1111 1/2 annual income here tax free.
- 9:48You don't really want to do anything you want to, you know,
- 9:50get paid. Remember the whole idea, Bitcoin
- 9:52has no yield. Why would I invest into this
- 9:55thing if I'm a traditional financial investor?
- 9:58Sailor, I think might have unlocked all of the capital.
- 10:01This is definitely going to attract.
- 10:04I don't know if this product alone the the stretch product,
- 10:07but this idea is definitely going to be able to attract, you
- 10:12know, trillions of dollars, whether it's spread out a bunch,
- 10:15a bunch of competitors or you know, Sailor just continues to
- 10:18innovate. But even if it if it's just this
- 10:22product in the market and sailors able to attract this
- 10:26much capital into it and he's able to buy thousands of Bitcoin
- 10:31via this new flywheel that he's created.
- 10:35This is why you're starting to look at this and be like, wow,
- 10:38is Sailor little literally single handedly going to end the
- 10:43bear market by himself. And to sailors credit, he went
- 10:48out there and tweeted something very interesting and everyone on
- 10:51Twitter is like, wait, what? What is he saying here?
- 10:54Like what does he know? What is going on behind the
- 10:57scenes? What is sailor watching?
- 11:00Because yesterday he tweeted this basically right when we
- 11:05went live. And I saw this earlier and I, I
- 11:08didn't connect the dots with the stretch product, but it does
- 11:14make you think it's like, wow, I think Sailor is literally saying
- 11:17he just ended the bear market. So I'll, I'll pass it over to
- 11:21Nico after I read this tweet. But Sailor yesterday tweeted,
- 11:25you know, there's a delay between the time we buy Bitcoin
- 11:28and the time Bitcoin goes to the moon.
- 11:31You're like, yo, Sailor is really, he's really out here
- 11:35kind of flexing right now. He's like like last week we
- 11:38bought or this week, sorry, this week we bought 10,000 Bitcoin
- 11:41just in one of my products. He's continuing to raise capital
- 11:45and do the the standard flywheel Bitcoin treasury play.
- 11:50Now he's got multiple vehicles of attracting Bitcoin.
- 11:54There's not that much Bitcoin released daily.
- 11:56It does feel like we are seeing the end of seller exhaustion.
- 12:01Obviously, there's still debate, there's still speculation of
- 12:04whether we'll see another, you know, leg down.
- 12:08I know that's kind of the consensus right now, but if this
- 12:12continues and we have seen the end of OG selling Bitcoin, the
- 12:17end of Bitcoin mining, public companies selling Bitcoin, this
- 12:22could get out. This could get out of out of
- 12:24hand to the upside. This remember I said it the
- 12:26other day, the violent repricing again sailor by himself might be
- 12:32doing this exact thing. And then, of course, once the
- 12:36number actually goes back up once we probably break out of
- 12:39the 70 K area is when you'll you'll know for sure.
- 12:43I I did talk to Luke this morning, guys.
- 12:44You know our our reigning more almost more bullish friend than
- 12:48me. He has been kind of bearish the
- 12:50last couple of days privately. And I, I don't mean to put your
- 12:54business out there, Luke, but he's like, yo, if we break out
- 12:57past 84 K like it's, it's on like Donkey Kong and then me and
- 13:01then I'm in the middle like, yo, you're bearish.
- 13:03And Nika's like we're still going to 40K, bro.
- 13:07So look what Sailor has done. I think what he will continue to
- 13:11do with this product is just insane.
- 13:14He if if Sailor again if sailor alone just is able to acquire
- 13:181000 close to 10s of thousands of Bitcoin into a single
- 13:25product. It's just simply supply, demand,
- 13:28economics. Yeah, I mean, like what's crazy
- 13:31to me about all of this is and we wouldn't talking about
- 13:37stretch for a while now, first of all, the the memes dropping
- 13:42from the the strategy CEO are hilarious, right?
- 13:45It's like, you know, the doctor recommends you get a good
- 13:48stretch in the morning, you know, to to remain, to remain in
- 13:54good health, you know, and stuff like that.
- 13:57So the memes are just hilarious. That's the first thing I'll say.
- 14:01The second thing is, you know, regarding this as the iPhone
- 14:05moment, 100%. I mean, this is what got me so
- 14:09excited talking about this over the last couple weeks.
- 14:12But this is what you guys need to know.
- 14:15Fundamentally, Sailor is betting.
- 14:19It's a bet, fundamentally, that the Bitcoin price will
- 14:24appreciate 20 to 30% over the next 15 to 20 years per per
- 14:32year. For the next 15 to 20 years.
- 14:34So there's ebbs and flows. He's he's taking out the
- 14:37volatility for you. He's.
- 14:38Guaranteeing you 11% interest if you're, if you're sorry, a
- 14:44dividend, but it amounts to around 11% return on a yearly
- 14:49basis. That completely blows any other
- 14:55fixed income product out of the water.
- 14:58But I I I read this post from Forrest Hoddle this morning and
- 15:03he's absolutely right to point this out.
- 15:07This only works if number goes up, right?
- 15:10That's what it boils down to. Because if Bitcoin does not
- 15:14appreciate faster than 11%, this product doesn't make sense.
- 15:20If Bitcoin does appreciate faster than 11%, let's say it
- 15:24appreciates out of 20% CAGAR for the next 15 to 20 years or it
- 15:29appreciates out of 30% CAGAR for the next 15 to 20 years, then
- 15:35this stretch product, not only is it viable, it's an iPhone
- 15:40moment because the whole fixed income market, the longer this
- 15:45stretch product exist, the more confidence it's going to have in
- 15:51the product and the more people are going to see it as the more
- 15:56people are going to see it as less risky, right?
- 15:59So essentially it becomes this crazy flywheel, right, that
- 16:03we're going to see. And this flywheel is
- 16:06essentially, you know, they're using the proceeds from this
- 16:10product to buy more Bitcoin. And as Opti pointed out, they're
- 16:14buying on a daily basis just this product alone, more of the
- 16:20Bitcoin supply than is being mined on a daily basis.
- 16:24So I think what Sailor is aiming for and what Opti was saying in
- 16:29the beginning of the show is that eventually there might be
- 16:33some type of supply shock, which again sends to new highs.
- 16:38If Bitcoin goes to new highs, then this stretch product can
- 16:43continue, no pun intended, can continue being stretched into
- 16:46the future. Right now, what is the long
- 16:50term, let's say 50 year viability of this of of this
- 16:54product? I don't know.
- 16:56Let's get through the next five years.
- 16:59But fundamentally, if Sailor is able to deliver that 11% return
- 17:06for the next five years and it being fueled by the best asset
- 17:12the world has ever seen, which is Bitcoin, it's going to be a
- 17:16complete game changer for financial markets.
- 17:20And strategy is going to be one of the most successful companies
- 17:25on planet earth. And copy and Opti did mention
- 17:28copycats earlier. I mean, we did see that with the
- 17:31Bitcoin treasury companies early on.
- 17:33But once again, strategy has this first mover advantage,
- 17:39right? I wouldn't, I wouldn't even look
- 17:41at any of the of of the copycats.
- 17:43The other copycats are gonna have to offer higher interest on
- 17:48top of the 11. We know how that game wins.
- 17:51Exactly. So they're gonna have to offer
- 17:52higher interest. For people to be attracted to
- 17:56them, but with higher interest comes more risk, right?
- 18:00And that's a that's a big bet, ladies and gentlemen, and I'll
- 18:03be honest with you, I think 11 percent is conservative.
- 18:06I think 15% Kaggar is conservative.
- 18:09I think we get a minimum of. 20 to 25 to 3030% Kaggar moving
- 18:16forward, I think if we don't get that.
- 18:20You know, I, I, I would say that Bitcoin failed in in a lot of
- 18:24ways, right? Because again, you know the
- 18:27whole thesis, there's been so many books written about this,
- 18:31there's been so many articles written about how great of an
- 18:34asset Bitcoin is the. Bullish case for Bitcoin, the
- 18:38Bitcoin standard by Seifidine. You know, Larry mentioned it on
- 18:43on in the big print Lynn Leopard like nothing stops this train
- 18:47and the the theories behind, you know, all these books and you
- 18:50know, all these theories is basically like, look, if they're
- 18:53going to print more money, look at the situation in the Middle
- 18:56East, right? They're going to debase the
- 18:59currency. If they debase the currency,
- 19:01it's Infinity divided by 21 million gold.
- 19:04Even though it's scarce, ultimately it's not absolutely
- 19:09scarce like Bitcoin is, right? So that's really the question
- 19:13right now. Is Bitcoin going to be that 11%
- 19:18return that micro strategy is offering with their stretch
- 19:22product? If you strategy, they're
- 19:24renamed, If you believe Bitcoin is, I believe Bitcoin is, then
- 19:30this is a, this is a, this is such a monumental moment for the
- 19:37traditional markets because the fixed, the fixed income market
- 19:42is massive. It's huge and most people in the
- 19:46fixed income market are getting like let's say you get a high
- 19:50yield savings account like from Amex or you know, from the other
- 19:56banks that offer it, they're offering, you know, like 3 and a
- 20:00half, 3.8%. Let's say you you're buying
- 20:03bonds, right? It's in the four and a half
- 20:05region. Let's say you're investing in
- 20:08real estate. Right.
- 20:09You know, on a, on a very, very good year, you're getting
- 20:12between 8 to 12%. But you have to deal with
- 20:15tenants, you have to deal with maintenance, you have to deal
- 20:18with taxes. This is why this stretch product
- 20:21is such a game changer because you're getting 11% yields.
- 20:26It's tax deferred. As Opti mentioned, you don't
- 20:29have to deal with tenants, you don't have to deal with
- 20:32maintenance, and you're getting that type of return like in the
- 20:36stock market. Just to kind of give you guys
- 20:38A-frame of reference, and I'm sure of a lot of you guys know
- 20:40this. If you come from the traditional
- 20:42markets, a 10% return is fantastic.
- 20:46If you get a 10% return on your portfolio on a yearly basis, I
- 20:50know we've been spoiled here in Bitcoin land, you know that is
- 20:54the best, that is a a fantastic return for the year.
- 20:57So the fact that a fixed income product is basically offering
- 21:01that is an ultimate game changer.
- 21:04But the big question on everybody's mind and we don't
- 21:08know the answer to this question yet.
- 21:10We have no idea what is how this is going to end up the big
- 21:15question. Is and our business depends on
- 21:18this, the entire Bitcoin industry depends on number go up
- 21:21technology is. Is Bitcoin going to reach that
- 21:2620 to 25 to 30% kagar over the next 10 to 15 years?
- 21:32That is the big question. If Bitcoin does stretch, the
- 21:37stretch product is going to be a game changer.
- 21:40It's going to be fueled by Bitcoin and strategies.
- 21:46Strategy is going to work. If it doesn't, then this product
- 21:50is is going to fail. But not only is this product
- 21:53going to fail, I would say the entire Bitcoin industry doesn't
- 21:57look as attractive to investors anymore.
- 22:01Like if Bitcoin can't outperform the S&P 500, you know, again,
- 22:08not from us ideologues that are believing in self custody and
- 22:12and you know, look at Bitcoin from a sovereign sovereignty
- 22:15perspective, from a a revolutionary perspective, but
- 22:19from traditional investors. So, you know, if you're someone
- 22:22that has a four O 1K, if you're someone that's interested in for
- 22:25a a fixed income to kind of maintain your lifestyle,
- 22:29etcetera, etcetera, you're not you're not going to look at you,
- 22:32you're going to look at Bitcoin. You're like, yeah, that's
- 22:34interesting. But like, why am I going to take
- 22:37that perceived risk that they associate Bitcoin with if they
- 22:42can get a much safer return, for example, with AUS treasury,
- 22:46right or with a high yield savings account?
- 22:49Why, why would they take that additional risk on?
- 22:52Because at the end of the day, that's what you're doing when
- 22:55you are buying the stretch product.
- 22:57Now it is working for the time being.
- 23:00But let's see, I I think the next three to four years are
- 23:03going to be incredibly exciting. I'll tell you guys what I
- 23:06personally believe. Of course, this is not trading
- 23:09advice. This is not financial advice.
- 23:11I think the, the year after the, the, the year after the blow off
- 23:14top, it usually tends to be a little bit of a bearish year.
- 23:17So we're in that year to right now, which is 2026.
- 23:23But what I'm really looking forward to is the end of
- 23:2620262027 and then 2028. Historically, the halving cycles
- 23:31have not broken yet. As much as everyone kept yelling
- 23:35from the rooftop, this time is different.
- 23:37This time was in fact not different.
- 23:40So because the the halving cycle theory is still in play, that
- 23:45means that 2027 should be a fantastic year for Bitcoin, 2028
- 23:51should be an incredible year for Bitcoin, and 2029 should be an
- 23:56amazing year for Bitcoin as well.
- 23:57Now, if you put all of what I just said together with the fact
- 24:02that now traditional Wall Street has the mechanisms and the
- 24:06vehicles to get exposure to Bitcoin and there's different
- 24:11products to tap into, different pools of capital.
- 24:15This next bull market is going to be it's going to put this
- 24:20last one to shame in terms of institutional adoption and
- 24:24institutional involvement in Bitcoin.
- 24:27And that is what could potentially bring Bitcoin to
- 24:30those new price tiers, right? Because Bitcoin is such a huge
- 24:34asset right now. It's a multi trillion dollar
- 24:37asset. So for you to really move the
- 24:39price, you really need a lot of capital going into the asset
- 24:44that and this is where the big banks, this is where Wall Street
- 24:48kind of comes into play. And I get, I know I understand a
- 24:51lot of you guys that get that icky feeling when you hear Wall
- 24:55Street and big banks. But ultimately, ladies and
- 24:57gentlemen like that is what is going to push Bitcoin to the new
- 25:01price points, right? And I think that's part of the
- 25:04motivation as to why, you know, some of the, some of the Ogs
- 25:11felt like exiting last cycle. I think the reason that we
- 25:14didn't have this euphoric phase is a lot of people that were
- 25:17holding for 10-15 years, you know, they bought Bitcoin under
- 25:20$100 in the $100 region or, or the below $1000 region.
- 25:25You know, they're like, listen, I've made an incredible return.
- 25:29This is life changing money for me.
- 25:32I'm going to start going and living my life a little bit.
- 25:34Doesn't mean that they've sold all their Bitcoin, but their
- 25:38priorities have changed, right? Perhaps they got into Bitcoin in
- 25:41their mid 20s at the time in their 30s.
- 25:44If you got into Bitcoin in your early 30s and you've been
- 25:47holding for 15 years, you're now 45 years old, right?
- 25:50Your priorities are a little bit different.
- 25:52Perhaps that militant attitude in that militant worldview that
- 25:56you had when you when you were younger changed a little bit,
- 25:59right? So a lot of things happen over a
- 26:0115 year time scale. Like for me, looking back, holy
- 26:05crap, it's been 10 years, right? It's been 10 years.
- 26:08I can't even imagine what another five years in this
- 26:11industry would be like. Like exactly.
- 26:14That's what I'm trying to talk about.
- 26:15So I I kind of empathize a lot with a lot of these O GS that
- 26:19were like, look, man, like it, it's it's time to ride into the
- 26:23sunset a little bit, right. So anyways, back to the stretch.
- 26:27Yeah. And then?
- 26:27Pass it back to Opti and I'll get off my soapbox.
- 26:29I promise is dude, this is an absolute game changer.
- 26:33But big butt it does require for the Bitcoin price to appreciate
- 26:41at at least a 15 to 20% kagar if it doesn't appreciate at that at
- 26:48that rate, then this stretch product is not going to work.
- 26:51It doesn't mean that they're not going to be able to pay out the
- 26:54dividends for the foreseeable future.
- 26:56Strategy has a huge cash position.
- 26:58They will be able to to to service those those dividend
- 27:02payments. But that stretch product is
- 27:07based on Sailor's thesis, which he gave this presentation at
- 27:12Bitcoin 2025. He basically believes that by
- 27:172045, he thinks that minimum the price of Bitcoin is going to be
- 27:22$13 million per coin. This stretch product is based on
- 27:26that theory. Now, Sailor has had a very, very
- 27:30good track record at predicting paradigm shifts and at
- 27:35predicting innovations, right? He wrote the book The Mobile
- 27:40Wave, where he predicted that the iPhone was going to
- 27:44fundamentally change the world because it was going to put a
- 27:47computer in everybody's hands. And he got that 100% right.
- 27:53So I mean Opti, I just, I don't see how you know.
- 27:57I don't see how you know the he. I'm on Sailor's.
- 28:01Side in terms of what his his his theory.
- 28:04Is anyways, I'm going to pass it on to you.
- 28:05We also have a very special guest joining us.
- 28:08We're going to be bringing him on on the show in a little bit.
- 28:11Steve has joined. Steve is from SAT 123.
- 28:15So we're going to be bringing him on the show after the
- 28:17commercial break in just a little bit.
- 28:19Anyways, guys, we're going to be right back in just a SEC.
- 28:24Today's episode is brought to you by Bitcoin.
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- 30:34Right. Ladies and gentlemen, we are
- 30:35back and we have Steve joining us.
- 30:38Steve is with Steve. Please correct me.
- 30:42SAB Sabra defense team, is that correct?
- 30:45No Sabre defense team. Sabre defense.
- 30:49Team yeah, the younger generation sometimes goes what
- 30:51how is that Sabre defense team is a private security contractor
- 30:56and and then we also run a separate organization called
- 31:00Strategic Response Partners, also knows also known as SRP,
- 31:04it's a global disaster management company.
- 31:07Awesome. So guys, you guys know the deal,
- 31:09right? The Bitcoin is all about
- 31:11sovereignty. It's all about, you know,
- 31:13reclaiming back your financial sovereignty, but it's not only
- 31:16about reclaiming your financial sovereignty.
- 31:18You want to reclaim your sovereignty as a sovereign
- 31:21individual, right? And that comes with, you know,
- 31:24not relying on the grid for power, not relying on, you know,
- 31:28traditional communications, but also it's thinking about home
- 31:32defense, right? This is all this is.
- 31:35It's all. 1. Package when it comes to this
- 31:37right so Bitcoin is just one element of becoming a sovereign
- 31:41individual and I'm very excited to have Steve joining us on on
- 31:45the show today and again shout out to SAT 123 for the
- 31:49recommendation. So Steve, please give us a
- 31:52breakdown of what Saber does. It's a pretty badass name, by
- 31:55the way, I might add, and I'll pull up your website while you
- 31:59do that. Yeah, so Saber defense team has
- 32:03provided security for some of the largest high net worth
- 32:08clients that own some of the biggest burger franchises, done
- 32:13a lot of special events for big musicians, provided security for
- 32:17Tulsi Gabbard, Bobby Kennedy, Charlie Kirk on certain
- 32:22occasions. We did the six part docu series
- 32:24called Border Battles with Charlie.
- 32:26He was a close friend actually had him speak a few weeks before
- 32:29he passed in in Dallas at a conference called When the
- 32:33Storm. And we do mission critical
- 32:36stuff. So aside from executive
- 32:38protection for many people that are well known people, we
- 32:42provide certain mission critical stuff like heading out what we
- 32:46went to Syria as far as in Haddad and Sweda where they
- 32:49slaughtered 2000 Druze and Christians, right, which barely
- 32:52made any news station just didn't fit the narrative.
- 32:56We've done missions in Nigeria, in Sudan.
- 32:59We were the ones that were instrumental, instructing a
- 33:02bunch of Americans and VI PS out of Puerto Vallarta.
- 33:05Within minutes of that happening, we had armored
- 33:07vehicles pulling people out of Puerto Vallarta, getting them in
- 33:10the Kornavaca at an FBO there and then flying them from that
- 33:14FBO to Tijuana using our Mexican assets that we use during
- 33:18Hurricane Otis with SRP on the search and rescue side of it.
- 33:23So we operate in over 70 countries.
- 33:25But when it comes to protection, right, people go, I got a
- 33:28firearm. How well are you trained?
- 33:31That's like going to Guitar Center and buying a guitar
- 33:34doesn't make you a musician, right?
- 33:35Going through the training, being the protector of your
- 33:38household. And my business partner, which I
- 33:40owe a lot of credit to, is Byron Rodgers, right?
- 33:44Always preaching executive protection, always talking about
- 33:47being the man of peace, the protector of your family.
- 33:50But we do grid down courses completely where you're building
- 33:54a shelter, you're forging for food, you're processing an
- 33:56animal, you're doing force on force, you're doing security
- 33:59perimeters, and you're completely off the grid.
- 34:01So when people talk about being off the grid, and if you haven't
- 34:04done it, I highly, highly recommend it to your listeners
- 34:08because it'll change your mind, it'll change your life, and
- 34:12it'll raise your confidence level of going.
- 34:14You know what? I could actually do this if the
- 34:17grid went down and I had to operate solo, I know how I could
- 34:22hunt for food, how I could forge for food, how I could ambush
- 34:26another camp, Right? I'm just telling you because
- 34:28it's a fit of the survival, right?
- 34:30Survivalist. Yeah.
- 34:32There's a lot, lot, lot of benefit in in our training.
- 34:37What makes the the guys that come out of the SF, the Special
- 34:39Forces and then how we train them, how to operate in the
- 34:43urban interface. So yeah.
- 34:46That that's, that's fantastic. And again, the, it's so, you
- 34:50know, part of, of, of, of Bitcoin culture, Steve, where
- 34:55this aspect of sovereignty, right?
- 34:57This, this aspect of reclaiming back your financial sovereignty.
- 35:01And I think, you know, like home defense really plays.
- 35:04A. A key.
- 35:05Role in that, but when it comes home defense training is
- 35:09everything right? This is not you know, you're not
- 35:11playing with toys. These are the ultimately these
- 35:13are firearms. You you need to be trained to to
- 35:17to to to use them. And there's also legal
- 35:20implications that I think are, are are, you know, people have
- 35:23to be aware of, right? Depending on the state, there's
- 35:27different laws, right, that apply to you.
- 35:28But thankfully in Florida, we have stand your ground, right?
- 35:31But different states have different laws for all of this.
- 35:35But this, this plays a key role in my opinion.
- 35:39And again, reclaiming your sovereignty as an individual.
- 35:44And part of that is knowing how to how to defend yourself and
- 35:48most importantly, how to defend your loved ones and your family,
- 35:52right. So I, I really love what you
- 35:55guys offer in terms of not only the security services for high
- 35:59net worth individual bitcoiners that are looking into that over
- 36:03the next, you know, 10-15 years, I believe, you know, if we are
- 36:07about right about the Bitcoin price appreciation, you know,
- 36:11Steve, the 2020 to 40% of the ultra high net worth individual
- 36:16a class are going to be bitcoiners and they are going to
- 36:19require some type of security. But fundamentally, I think also
- 36:23it comes down to the individual as well, right?
- 36:26So learning how to properly use a firearm is incredibly
- 36:31important from a safety perspective and in both ways,
- 36:36how to handle a firearm properly and how to defend yourself if
- 36:41worst comes to worst. So that's really interesting.
- 36:44Could you talk a little bit more about the training program?
- 36:48Because what I, what I've been seeing in your website is that
- 36:50it's really, really all-encompassing in terms of
- 36:54what you guys offer in the training.
- 36:56So I'm just going to read some of this.
- 36:59I can't really say this on YouTube, but let's just say a
- 37:02close quarter battle type of situation, a a, a simulator lab,
- 37:07the off site training, training that emulates real conditions
- 37:11for the end user to navigate and emerge better.
- 37:13A realistic training environment where you can become an
- 37:16efficient shooter and communicator control the
- 37:19environment as you navigate real world scenarios on a reality
- 37:23base simulator. So it really, really is
- 37:26all-encompassing. And Steve, before you answer
- 37:29that question. I really want to know what is
- 37:31your. Background like how did you
- 37:32start? Like what?
- 37:34Made you involved in this company?
- 37:37So if you, if you look at there's two companies, if you go
- 37:40to srp24.com, that's strategic response partners in 89, I was
- 37:46that kid that was fascinated with, you know, worldwide
- 37:50disasters, right? People going down a river in a
- 37:53makeshift mattress boat trying to carrying their personal
- 37:57belongings. I had a bunch of my friends that
- 37:59were in the fight that went into the fire service and I'm like,
- 38:02well, what'd you do? We went and kicked the door and
- 38:04put some water, you know, put the wet stuff on the red stuff
- 38:06and then you left, right? So my stuff was disaster
- 38:11response, crisis response. And then just putting together a
- 38:15very comprehensive team of just the best operators.
- 38:19And it's not just someone who's trained, man.
- 38:21They have to be first and foremost in all things
- 38:24spiritually grounded. Because that spirit, if you're
- 38:27not tuned in there, you're not knowing when to zig or when to
- 38:30zag, right? And I've really kind of just put
- 38:34the elite team together. So that's why we represent some
- 38:37of the most well known people as not just their private security,
- 38:41right? And they're all in, they're all
- 38:43around Bitcoin, a big that's just part of their world.
- 38:46We also provide private fire. So in the LA fires, we saved a
- 38:50bunch of their homes made, made it on multiple news stations
- 38:54because they're who are these guys that that that stayed
- 38:56behind with their fire pumps drafting from pools, protecting
- 39:01all these homes for these rich and famous people.
- 39:03And we've been doing that for years.
- 39:06But when it comes to disaster preparedness and crisis, they
- 39:10kind of go together. But they're 2 stand alone
- 39:12companies. So when it comes to, I get the,
- 39:15the, the beautiful thing of going into hurricanes couple
- 39:18days earlier, setting up and preparing the critical
- 39:20infrastructure, bring in the fuel, the temp power, the shrink
- 39:23wrap crews, environmental structural engineers to be able
- 39:27to make sure that that hospital, that logistics center, that they
- 39:31stay online, right? But my guys are trained to be in
- 39:34that area knowing there's no communication, there's no power,
- 39:38there's no food, there's no water.
- 39:40So we bring a city within a city, and the level of
- 39:43preparedness that we have is keep it lean, keep it nimble,
- 39:47and be able to have your grab and go kits.
- 39:49All our stuff's in Pelican airs, right?
- 39:51And we have different gear that is deployable for hurricanes,
- 39:55tornado chases on the medical side of it, or if we're going
- 39:59into a wildfire. So they're all very specific.
- 40:04If we're going into civil unrest, what does that look
- 40:06like? Civil unrest?
- 40:07Call it a riot, right? Or if there's a drone strike,
- 40:11for example, in California, you know, so there's a lot of talk
- 40:15about a lot of things, but having the the wherewithal, the
- 40:18Intel and the right partners, that makes all the difference.
- 40:22And so for us, for example, we've gotten calls from
- 40:25Nazareth, from Israel, right? We got calls where we evacuate
- 40:28people out of Dubai into Oman to get them out of that area.
- 40:31But we're working closely with the State Department because
- 40:35unless you're in communication with what's going on at the
- 40:38ground and you're moving people, you become part of the
- 40:41casualties, not knowing that they're dropping bombs in an
- 40:44area. Now you're trying to push people
- 40:45through there and you're not in direct communication to
- 40:48effectively and properly move people out of these areas.
- 40:52So bottom line, honestly, I'm a solutions guy, 35 years, 14,000
- 40:57plus numbered projects. And I just I, I TuneIn to see
- 41:04where I can serve, how I can serve.
- 41:06And if any of your listeners are like, hey, you know, I'm
- 41:08interested in what your disaster personal disaster plan or your
- 41:12grab and go supplies or they can e-mail me and I'm happy to share
- 41:17with them. There's no promo stuff in there.
- 41:19You know, it's just, there's no promo codes.
- 41:22It's just I, I tell them basically what I know that's
- 41:24very effective and what works. And then they can pick up the
- 41:28stuff on Amazon or, you know, pick up the stuff where they
- 41:31need. But obviously the satellite
- 41:33phone store. I mean, those guys, they've been
- 41:36instrumental because every time we deploy, they've always backed
- 41:39us up providing, you know, mobile Starlinks, helping us set
- 41:43up the Starlinks at all the command Centers for the cities,
- 41:46for the municipalities, for the fire departments, for the police
- 41:48departments, even in Jamaica that they were instrumental in
- 41:52actually setting up comms in that island when they had no
- 41:55comms. So the mayor of Montego Bay, MO
- 41:58Bay, the fire department there, the, the Police Department,
- 42:01Samuel, the guy, the Chief Police officer, we put their
- 42:05mobile Starlinks in their vehicles on the roof and she
- 42:08donated over 50,000 and just the hardware, you know, so I've
- 42:14always been a big promoter of those that promote and support
- 42:16us to support them. But they've done an incredible
- 42:20job. They have, they have ballistic
- 42:21backpacks that I have my kids take with them that have the
- 42:24Kevlar stuff in it. But yeah, yeah, I mean.
- 42:29The the, the, the synergy here and I'm so glad that you're
- 42:32you're joining us on on the Friday show, Steve.
- 42:35I love the Friday shows, this Friday, Friday show specials
- 42:38because you know our audience, our core audience, Steve.
- 42:41And I think that the reason there is so much synergy with
- 42:44our partners at 123 is Bitcoin fundamentally makes you question
- 42:51the very idea of money. And when you take self custody
- 42:55of your Bitcoin, essentially what you're really doing is
- 42:58you're opting out of the traditional financial system.
- 43:01But with self custody comes tremendous responsibility
- 43:04because you're not relying on a third party custodian, which
- 43:08means you are responsible for the asset that you're holding.
- 43:13And security plays a role in that, right?
- 43:17Obviously, you know, as bitcoiners, there's different
- 43:19levels to it, but I think the longer you remain in the
- 43:22industry, Steve, the more you understand and value
- 43:26sovereignty, the more you understand and value freedom
- 43:30tech. Like, for example, me and me and
- 43:32my partners were messing around with Jack Dorsey's app
- 43:36yesterday, the Bit Chat, which is essentially this
- 43:39communications app where you can talk locally via a Bluetooth
- 43:43mesh net and it doesn't require a traditional cellular to to
- 43:49interact with each other. And it was so easy to use,
- 43:52right? So I really believe that your
- 43:55company, you know, plays a role in this where Bitcoiners could
- 43:59start really asking the hard questions, right?
- 44:02Because this isn't just about reclaiming sovereignty over your
- 44:05money. This is about reclaiming
- 44:07sovereignty over yourself and depending on where you, you
- 44:11know, fit on the economic spectrum, as you know, we had in
- 44:14this in the next 5 to 10 years, you know, you got to really ask
- 44:18yourself outlook. I'm, I'm just speaking, you
- 44:22know, generically, right? Look like I'm, I'm taking self
- 44:26custody of my Bitcoin. Am I really thinking about my
- 44:28security situation? Am I really thinking about what
- 44:32happens, you know, with, with a potential $5 wrench attack?
- 44:36Am I prepared for that type of situation?
- 44:39Or if you can afford it, you know, you start thinking about
- 44:42it. Look like, let me start looking
- 44:44into security. I mean, look at the political
- 44:46violence that has happened over the last two years.
- 44:49I mean, it, it, it in the United States out of all places, right?
- 44:53President Trump, you know, 2, you know, attempts on his life.
- 44:58And then, of course, you know, the late Charlie Kirk, what
- 45:01happened was horrible. So, you know, it's better to be
- 45:03prepared than be put in a situation where you say, listen,
- 45:09this could never happen here. And you get caught in a
- 45:12situation where you're unprepared.
- 45:14You know, for for a lot of, I would say Americans in general,
- 45:19I think this country, we take a lot of things for granted.
- 45:23I think the political environment has changed.
- 45:25So I think a lot of people are asking questions.
- 45:28But for example, I'm a first generation American.
- 45:30I originally came from Venezuela, right?
- 45:33So, you know, a lot of the things that, you know, we take
- 45:35for granted in this country isn't exactly the norm in the
- 45:40rest of the world, right? And as a political environment
- 45:43gets a little bit more heated, you know, these are the types of
- 45:47of opportunities where you guys want to get yourself prepared,
- 45:51whether that's with training, whether that's with security,
- 45:54whether that's reclaiming back your, your, your communication
- 45:57sovereignty. You know, SAT 123 has so many
- 46:01products on their store, mobile batteries, Star links, obviously
- 46:05satellite phones where again, you don't have to rely on a
- 46:09centralized grid. For you to.
- 46:12Communicate with your loved ones for you to send a Bitcoin
- 46:16transaction. You can plug in your Bitcoin
- 46:18node with the with, you know, with the Starlink that's powered
- 46:22by battery backup and then that's.
- 46:24And then that Bitcoin node communicate with the block.
- 46:27Stream. Satellite right like there,
- 46:28there there's a big rabbit hole here.
- 46:30So there's a lot of synergy here.
- 46:32Steve, I want to get your opinion what I I feel like you
- 46:36know, Bitcoin and your your industry, it goes hand in hand.
- 46:39What do you what do you think about Bitcoin?
- 46:42How do you feel about it? I mean, I think it's a
- 46:45necessity, right? It's a necessity along with just
- 46:49diversifying, right? You could have also your, your
- 46:52hard gold coins, your silver, you know, and then having stuff
- 46:56that you can barter and trade with.
- 46:59The best thing that I feel that many people can do is create a
- 47:01community, right? It's like a neighborhood watch.
- 47:04You're not calling it a militia, you're not calling it anything
- 47:07but a neighborhood watch or community within your community.
- 47:11Get to know your neighbors, right?
- 47:13Who's the welder? Who's the doctor?
- 47:16Who's the Bitcoin guy, right? Everyone has to have some sort
- 47:19of level of diversity because you're going to count on each
- 47:22other in those type of extreme environments.
- 47:25I mean, if people just go to YouTube and type in strategic
- 47:29response partners, they'll see the multiple deployments that
- 47:32we've done over all these past years, you know, and I know I
- 47:38learned the beauty of it is I'm not the guy that that textbooks
- 47:42on prepping. I'm the one who lives the
- 47:43prepping and response side of it and creating a community.
- 47:48It's always people go, man, you know, a lot of people.
- 47:50I'm like, I make it a point to know a lot of people.
- 47:53I'm the guy who's got a guy, right?
- 47:55And I'm not asking people come train with us wherever you're at
- 47:59locally, find a group and do a training, find an outdoor range,
- 48:03do a training. We have the building with our
- 48:06training to do some of the most incredible simulation, indoor
- 48:10range, outdoor range, night OPS. We do all types of immersive
- 48:15site. And of course, there's people
- 48:17that are high net worth that pay for these specialized training
- 48:21for like the YPO or groups that, of like that where they'll get a
- 48:25group together of their friends. You just bring in a good
- 48:28trainer, a good instructor and get, get, get the training, get
- 48:32your, your family prepped and know how you're going to move in
- 48:36and around a zone if things go down.
- 48:38Like you mentioned with the Bitcoin, having a Starlink,
- 48:41having a battery backup, having the solar panels.
- 48:44And you know what you do? Run a drill, kill your cell
- 48:47service off, run a drill, put your Starlink up, run the stuff
- 48:52and see what you what your hiccups are.
- 48:54That's the biggest problem. People don't drill any of this
- 48:57stuff. It's like, oh, I'm too busy.
- 48:59Well, you're going to have a lot of time on your hand when it
- 49:01goes down, fumbling with stuff that you're like, Oh my God, I
- 49:05really, I missed that connection, that little, that
- 49:08little filament or that little screw that would have made my
- 49:11life a lot easier. Handle it now, not when it's in
- 49:14crisis mode. Then you're the person who's
- 49:16relaxed knowing I'm in position to ride this thing out.
- 49:20Absolutely. I I I 100% agree.
- 49:23With you, we have a term, Steve in in the Bitcoin in the Bitcoin
- 49:28space, which is we call it peer-to-peer circular economies,
- 49:33right. So again, you know, no, like
- 49:37the, there, there's, there's entire examples of this, like
- 49:40for example, Bitcoin beach in El Salvador and you know, in Costa
- 49:43Rica as well, where the traditional financial rails just
- 49:49weren't viable in those areas. So that's where Bitcoin kind of
- 49:53came in. And it finally allowed a lot of
- 49:56these individuals in those kind of like isolated communities to
- 50:01finally not only transact with each other digitally, but now
- 50:06have the ability to transact with the world as well.
- 50:09And it, it goes back to OK, yes, know a plumber and you know,
- 50:14know a doctor know this person and you could pay them directly
- 50:18peer-to-peer with Bitcoin. And, and it makes you it, it,
- 50:21it, it puts you in a stronger position.
- 50:23It makes you more sovereign and it makes you less dependent on,
- 50:28you know, on, on, on the powers that be, so to speak.
- 50:31The dependency goes back on yourself, which in my opinion, I
- 50:34think is a good thing. I think that if more of the
- 50:37world, you know, trusted in themselves and depended on
- 50:41themselves, I think a lot of the the issues that we see with big
- 50:46government today, a lot of that would naturally, you know,
- 50:50dissipate as time goes by. So Steve, it's been an honor to
- 50:55have you on the show today. I'd love to have you back on
- 50:58again today. I think that again on the show,
- 51:01I think there's a ton of synergy between what you do at Saber.
- 51:06And and and and the offerings. That you guys have and the
- 51:09Bitcoin community as a whole. And I think that this is just
- 51:12the tip of the iceberg in terms of the of the synergy and in
- 51:16terms of really people opening up their eyes because there
- 51:19really is an enormous community out there, Steve, that is, is
- 51:23looking at what you had to say. And they're highly interested in
- 51:27it because it's it it goes right up their alley in terms of
- 51:31wanting them, wanting their them wanting to reclaim back their
- 51:35sovereignty, not only financially, but as a whole, as
- 51:38an individual. You know, it's interesting you.
- 51:42Shared earlier that you're a first.
- 51:43Generation from Venezuela, I'm a first generation from Serbia, so
- 51:48I know my family, the pain that they went through with
- 51:50communism. My father spending seven years
- 51:52in prison for for his Christian faith, right, because he
- 51:55wouldn't take a gun. You know, it's kind of skips a
- 51:57generation. But you know, what it always
- 52:01brings me back is that if I find that those of us who've come
- 52:03from those countries, Warren torn countries sanctioned you,
- 52:08you, you know, back then, you don't read the newspaper and you
- 52:12don't trust the government and you learn how to move
- 52:15sovereignly. But you take full accountability
- 52:18of how you operate. And you only operate because you
- 52:21have community that's trusted. So thank you again for having me
- 52:25on your show. I'm here simply to teach,
- 52:29educate, give them the clear path that I know based on
- 52:31results works and also what doesn't work.
- 52:35So, you know, your audience is welcome to reach out, be a
- 52:38little patient. You know, we're on certain OPS
- 52:41that that are critical. But I will do my best and I will
- 52:43respond. I respond to everybody.
- 52:45I make it a point. Thank you, Steve, I appreciate
- 52:47it. Guys, go to Saber.
- 52:49Team.com to find out more information.
- 52:51We also put Steve's website in the video slash podcast
- 52:56description. Steve, thank you so much for
- 52:58joining us today. I really appreciate it.
- 53:00Appreciate you as well. Thanks for having me.
- 53:03Guys, we're going to move on to the next segment.
- 53:05And we're. Going to be talking about some
- 53:07of the enemies of Bitcoin that are starting to pop up.
- 53:09We're going to be right back in just a little bit.
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- 56:27Alright everybody, we are back. Anyways.
- 56:29Guys, tons of clips to react to. I got one by the Economist.
- 56:34They're, they're, you know, they're, they're scaling it up,
- 56:37the propaganda scaling up again. We played you guys this clip of
- 56:43again, guys, there's, there's this, I'll just be blunt,
- 56:46there's there's a, there's a political divide as it comes to
- 56:50Bitcoin, unfortunately, and there are.
- 56:54And again, it's not monolithic, but essentially there are people
- 56:58in the United States and countries all around the world
- 57:01that want a future of central bank digital currencies.
- 57:05I would say that's a future of of nihilism, despair, endless
- 57:09war is a continuation of the Fiat system, but times 10.
- 57:13And then there is another side. Of the.
- 57:17Political spectrum that wants freedom, right, that wants to be
- 57:22able to get to decide what money they can use.
- 57:26In my humble opinion, the fact that you know the the you have
- 57:31to basically you're you're forced to use.
- 57:35Money that is designed to steal from you via inflation is
- 57:40ludicrous. Like, and that's not how the
- 57:45country was originally structured, right?
- 57:48The, you know, the, this Fiat standard is quite new.
- 57:51It's only been around since 1971.
- 57:54And you know, before that, right before the Federal Reserve, you
- 58:00know, which was established in 1913, you didn't have a central
- 58:04bank in the United States. In fact, a lot of the original
- 58:07founding fathers warned about what would happen if a central
- 58:11bank was established. And a lot of their predictions
- 58:15were became eerily accurate, right?
- 58:18So, you know, we have two opposing world views that are
- 58:23happening right now and the media outlets that that support
- 58:28the world view of more centralization, more, you know,
- 58:33the continuation of Fiat, the continuation of the central
- 58:37banking system. Because ultimately, guys, you
- 58:39have to understand, right? And I know that that like
- 58:43politicians kind of played this dance where they're like, look
- 58:45like, you know, Bitcoin isn't money.
- 58:48It's actually a commodity. It's okay if it's a commodity,
- 58:50but it's not okay if it's money. And the reason that they have to
- 58:53take that stance is because Bitcoin in its very nature, the
- 58:58reason the IMF freaked out the way they did when El Salvador
- 59:03made Bitcoin legal tender, and the reason the IMF put so much
- 59:07pressure on El Salvador for El Salvador to reverse the Bitcoin
- 59:12as legal tender is the central bankers can't have it.
- 59:20For Bitcoin to be seen as a money.
- 59:22To for Bitcoin to be treated and equal to Fiat.
- 59:27And the reason they can't have Bitcoin seen in that light is it
- 59:33calls their whole system into question.
- 59:38Bitcoin proves that money can exist without losing purchasing
- 59:44power. Bitcoin proves that money can
- 59:49exist without a central bank. Bitcoin proves that money can
- 59:54exist without a custodian. Bitcoin proves that money can
- 59:59exist without a middleman. And all of the things that I
- 1:00:03just laid out for you have enormous implications for the
- 1:00:08current power structures of the world.
- 1:00:11So the reason I'm laying all of this out is I know we started
- 1:00:15with kind of like the trad FI conversation in the beginning
- 1:00:18because that relates to number go up.
- 1:00:20But remember why we are all here.
- 1:00:23We were all here. We originally came to Bitcoin
- 1:00:26because it gave us hope. It gave us hope for change.
- 1:00:31It gave us hope for a better future.
- 1:00:35And that better future comes with ending the Federal Reserve.
- 1:00:41And I think that what we learned as Bitcoiners when we finally
- 1:00:44threw our hat in the political ring is we finally learned with
- 1:00:49the election of President Trump, which I appreciate.
- 1:00:52What he did for Venezuela is amazing.
- 1:00:53What he did for the Bitcoin community has been great, the
- 1:00:57fact that he freed Ross Ulbricht.
- 1:00:59But what we learned with Trump, I believe, is that I don't think
- 1:01:04you can change the system within the system.
- 1:01:09I think the only way for things to actually change and I tweeted
- 1:01:13this out like a week ago or so. Is that the most important?
- 1:01:18Vote you can make this midterm year is not voting for party
- 1:01:25blue or party red. The most important vote you can
- 1:01:28make is reclaiming back your sovereignty.
- 1:01:32The number one thing you should do is reclaiming back your
- 1:01:35financial sovereignty and you do that by buying Bitcoin, earning
- 1:01:38Bitcoin, and putting that Bitcoin into self custody.
- 1:01:42That is the most important thing you could do as an individual
- 1:01:46and the most important thing that you could do for you and
- 1:01:49your family because that way you opt out of politics entirely.
- 1:01:55Now that's not. To say that.
- 1:01:56Politics aren't important, right?
- 1:01:59You obviously do want, you know, elected officials in office
- 1:02:03that, you know, represent your your desires, But I think the
- 1:02:07system is so well entrenched that it's going to be very
- 1:02:10difficult for us to change that said system internally.
- 1:02:15I think the only way for that system to change is if, if if
- 1:02:19enough of the population start to opt out of the system
- 1:02:24entirely. And the way that you do that is
- 1:02:27again, buying Bitcoin, earning Bitcoin, mining Bitcoin and
- 1:02:30putting that Bitcoin into self custody.
- 1:02:33I think that's really the only way to do it.
- 1:02:38So all of that. Being said, I do.
- 1:02:40Want to show you guys this video from The Economist because
- 1:02:47again, you know, we've been covering the economist for so
- 1:02:50long. I, I love, you know, one of the,
- 1:02:52the, one of my favorite things from the people that critique
- 1:02:56Bitcoin is that they always opti, I'm sure you've noticed
- 1:03:00this. They always end up calling
- 1:03:02themselves economist. So it's basically the line goes
- 1:03:06something like this. Bitcoin is not money.
- 1:03:10Trust me. I studied economics, right?
- 1:03:13Like that's the line, right? And it's like, dude, if you
- 1:03:17studied economics, I don't know what type of economics you
- 1:03:20studied, but you don't get to determine what is money.
- 1:03:26The free market determines what is money.
- 1:03:29Not you. Not you with your credentials,
- 1:03:33not you the politician, not you the central banker.
- 1:03:37Ultimately, the free market is going to get to decide what is
- 1:03:42money and what is not money. That is a big culture shock.
- 1:03:47That is a huge shock to the powers that be in the power
- 1:03:51structures because governments get a tremendous.
- 1:03:54Amount of. Power from being able to create
- 1:03:57money for free that everyone else has to work for.
- 1:04:01So you guys have to understand where we are in the movie
- 1:04:04Connect the dots. We started the episode with all
- 1:04:08right, guys, number go up stretch is fantastic.
- 1:04:11We'll we're infiltrating the traditional financial system.
- 1:04:14This is great. You know, we did the middle of
- 1:04:17the show. We brought Steve from Sabre team
- 1:04:19to talk to you guys about, you know, reclaiming back your your
- 1:04:23you know, your your individual sovereignty and meat space.
- 1:04:26And now we're ending the show with.
- 1:04:28Keeping you guys. Informed with what the enemies
- 1:04:32of Bitcoin are saying, what their propaganda is saying, it's
- 1:04:37extremely important to stay on top of all of this so that you
- 1:04:41are informed. After all, this is a midterm
- 1:04:46year and whether you like it or not, there's only two parties in
- 1:04:50the United States. One party which again not a big
- 1:04:55fan of with this the the the Trump videos.
- 1:04:58Coming out of his account, the. Wild there's like that We the
- 1:05:02the the we sports video and then he's showing like all the
- 1:05:05bombings that are happening in Iran.
- 1:05:07Not a big fan of that a big fan of what happened in Venezuela.
- 1:05:10So again, it's not perfect right, but ultimately how it
- 1:05:15stands right now is that the Republican Party has a pro
- 1:05:20Bitcoin anti CBDC stance. The Democrat party, which will
- 1:05:24more than likely win the midterms, has a anti crypto anti
- 1:05:29Bitcoin stance and pro CBDC stance.
- 1:05:35That's how things stand right. So I am not an ideological
- 1:05:40voter. I am a single issue voter.
- 1:05:42My, my, my vote is, hey, listen, I'm going to vote for the party.
- 1:05:48And that, you know, at least isn't going to, you know, come
- 1:05:53after me or try to censor me because I'm advocating for
- 1:05:58freedom tech and freedom money, right?
- 1:06:01Anyhow, so I do want to show you guys this.
- 1:06:04The economist clearly stands on the side of central bank digital
- 1:06:09currencies. It clearly stands on the side
- 1:06:12of, you know, the government should control money.
- 1:06:15So I want to show you guys this, you know, one of the latest the
- 1:06:20hit pieces that that they that they released.
- 1:06:24So the economist is claiming that crypto isn't cool anymore.
- 1:06:31So let's check out the clip. Crypto is uncool now.
- 1:06:35For an asset class based on vibes, that's a big problem.
- 1:06:39Bitcoin is down about 45% since October.
- 1:06:43The market value of all cryptocurrencies has fallen by
- 1:06:46almost $2 trillion. But crypto has crashed before.
- 1:06:51So why do its biggest fans see more despondent than ever?
- 1:06:56They're sad. Because they're lonely.
- 1:06:59The last All right, I'm just going to leave it at that.
- 1:07:02So again. This is.
- 1:07:05Just again, ladies and gentlemen, this is this is
- 1:07:07propaganda one O 1. They're, you know, they're
- 1:07:11basically saying, you know, Bitcoin is, is is is isn't cool
- 1:07:15anymore. And if you buy Bitcoin or if
- 1:07:18you're into Bitcoin, the reason that you're into Bitcoin, it's
- 1:07:22because you're lonely, right? So their excuses are suffering
- 1:07:26from inflation themselves, their propaganda suffering from
- 1:07:29inflation, they can't even come up with good reasons anymore,
- 1:07:33but they want you to walk nilly, nilly into hey, let's all adopt
- 1:07:37central bank digital currencies because they're fantastic,
- 1:07:40right? So we've seen every single type
- 1:07:43of FUD. Excuse known to man thrown at us
- 1:07:46for the last 10 years or so. It's clear to me that Opti at
- 1:07:52least seeing that video. Man are they running out of
- 1:07:55reasons bro to say the least. Yeah, yeah.
- 1:08:03Are you lonely? I'm.
- 1:08:04Dude, I'm so lonely. Yo, look, I know Niko's going to
- 1:08:10get. Mad at my response here but dude
- 1:08:15first of all. That last point I mean I.
- 1:08:18Honestly, I kind of wish we we heard the rest of it.
- 1:08:20I'm not going to lie, I, I kind of, I was having a good laugh at
- 1:08:23that. But we're not mad that we're
- 1:08:28lonely here. We're mad that the price is down
- 1:08:3050%. What are we?
- 1:08:32What are we talking? About like yo are, are you
- 1:08:34kidding? Me and and further like look
- 1:08:36again, I know we try to be as inclusive and Nico yells at me
- 1:08:41all the time, but if you're listening to this nerd about
- 1:08:43what is cool, like bro, you got a bigger problem.
- 1:08:46OK, Like this guy is literally the epitome of not cool telling
- 1:08:49us what cool is. It's like OK, but I do I do
- 1:08:53agree with him on a point. Crypto is not cool.
- 1:08:56Crypto, the word crypto is not cool.
- 1:08:59All the shit coins are not cool at all.
- 1:09:01People are getting literally destroyed.
- 1:09:03Everyone's hoping for crypto shit coins to go up.
- 1:09:06Like crypto has never been cool. Literally crypto has never been
- 1:09:10cool. Now, obviously I have a bias.
- 1:09:13I, I think Bitcoin is the cool thing.
- 1:09:15Like Bitcoin is the fundamental revolutionary technology here.
- 1:09:19And it's not necessarily just about Bitcoin, you know, being
- 1:09:22cool with the tech itself. It's really about what it means
- 1:09:25for humanity, what it means means for the world, what it
- 1:09:27means for us as individuals. Like, to me, that is cool.
- 1:09:30Call me a nerd because I wear glasses too, whatever.
- 1:09:33But to me, the implications of what Bitcoin is going to do, I
- 1:09:37think that's like the coolest thing ever.
- 1:09:39That's why we are so obsessed with it.
- 1:09:41That's why we became obsessed with it in the first place.
- 1:09:44Now, it does make a point here, though.
- 1:09:48I, I, I know the Economist made a point.
- 1:09:50It's not about economics at all, but you can see that a lot of
- 1:09:55the stuff that we've been talking about recently, and I'm
- 1:09:58particularly me on the show and Nico as well, 'cause we have
- 1:10:01been covering the propaganda against Bitcoin is you can tell
- 1:10:05from where the price currently is, where we currently are in
- 1:10:08the bear market, that the sentiment, the demoralization
- 1:10:11has been working very well. And you can see right now that
- 1:10:14they're doubling down on this moment, that they're going to
- 1:10:17continue to double down, continue to try to get people
- 1:10:20away from Bitcoin because they know what it means.
- 1:10:23They know, know what it will do. It's their jobs to try to get
- 1:10:26people basically still corralled in the traditional vehicles, in
- 1:10:31the traditional system. Because if everyone's out here,
- 1:10:34you know, just doing Bitcoin things completely unplugged,
- 1:10:37then they obviously, one, will lose their business model.
- 1:10:41But two, it will fundamentally change where things are.
- 1:10:44And then they have to update what's going on.
- 1:10:46They have to update their models.
- 1:10:47They have to change their worldview.
- 1:10:50And so honestly, I'm I kind of enjoyed that.
- 1:10:53I'm not going to lie. I I totally do agree.
- 1:10:56Shit, coins aren't cool. I don't listen to that.
- 1:10:59I like, I can't even listen to that guy tell me what cool is to
- 1:11:02me. That's just funny in and of
- 1:11:03itself. Listen man, I'm I'm selling all
- 1:11:06my bags. Because I'm lonely, bro.
- 1:11:07That's, that's what it comes down to.
- 1:11:09And I'm so lonely. Like I I got to, I got to buy
- 1:11:12the. The CBI mean.
- 1:11:13He's got a point. Dude.
- 1:11:14I thought we were going to get. I thought I was going to get a
- 1:11:16girlfriend the cycle. So I actually lonely.
- 1:11:20Anyways guys I hope you. Guys enjoyed the Friday show.
- 1:11:24Before we wrap it up I do want to give a shout out to our
- 1:11:28sponsor Bitcoin 2026. It's coming up in Las Vegas, NV.
- 1:11:33You guys don't want to miss it. I do call the Bitcoin event, the
- 1:11:37Bitcoin Magazine event, the Bitcoin Super Bowl weekend of
- 1:11:41the year. It's the largest Bitcoin
- 1:11:43conference. Bitcoin 2026 is going to be in
- 1:11:45Las Vegas this near April 27th through the 29th of 2026.
- 1:11:51It's going to be at the Venetian Hotel.
- 1:11:55I'm going to be there. Simply Bitcoin crew's going to
- 1:11:57be there. There's so many good speakers,
- 1:11:58Chad sailors speaking. Of course it's going to be
- 1:12:01fantastic and be a great time. You definitely don't want to
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- 1:12:23tickets to the Bitcoin conference all right everybody,
- 1:12:28I hope you guys enjoyed today's show.
- 1:12:30I do want to give a very special shout out to my brother opti for
- 1:12:34holding it down this week. I've been I've been CEO ING,
- 1:12:40which is taking my time off the camera a little bit off simply.
- 1:12:45So we have some great plans for you guys this year in terms of
- 1:12:49content. We're really, really excited to
- 1:12:52to let you guys know you guys will find out over the next
- 1:12:56couple of weeks. We've been working really,
- 1:12:58really hard behind the scenes. So appreciate you all.
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- 1:13:52Go check out the hive ticker it's live right now on the
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- 1:14:12Go outside and get some sun, touch some grass, eat some good
- 1:14:15food, spend time with the family, enjoy the weekend and of
- 1:14:19course, we'll be back on Monday to help you guys through.
- 1:14:24This. Interesting 2026 love you all,
- 1:14:27take it easy. Today's episode was brought to.
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