Latest / Simply Bitcoin / The Next Company to Follow Michael Saylor (Revealed) | EP 1026

Transcript

The Next Company to Follow Michael Saylor (Revealed) | EP 1026 · Simply Bitcoin

0:03
It's all going to zero against Bitcoin.
0:06
It's going up forever. You're against Bitcoin, you're
0:16
against freedom. Yo, we're going to submit
0:24
Bitcoin live, your number one source for the peaceful Bitcoin
0:26
revolution cover. Can you use culture?
0:27
Matic Warfare will be your guide through the separation of money
0:30
and state. I'm back.
0:32
I was last week, I was in Canada with BTC sessions.
0:39
We were doing the Bitcoin Rodeo. It was absolutely awesome.
0:43
Had a great time. Canada, I mean that part of
0:45
Canada is absolutely awesome. It's like totally freedom
0:49
country, very freedom minded people and individuals.
0:53
It was, it was insane. I had a great time and Ben was
0:56
an incredible host. But I'm back and I want to give
0:59
a shout out to Hot to Opti for for holding it down while I was
1:02
gone because I know I was gone quite a minute.
1:05
But we're going to talk a lot about a lot of things today,
1:07
specifically this company coming out of Japan called Metaplanet.
1:12
And it seems like Dylan Leclair of Bitcoin Magazine is really,
1:16
really kind of helping them. And it seems like they're
1:18
pulling the Michael Saylor Miker strategy, Bitcoin strategy, lots
1:23
of strategies in that single sentence.
1:26
And they're they're following the footsteps.
1:28
And I think that that's gonna catch on.
1:31
I think a lot of other companies are gonna follow suit.
1:33
Of course, you had Selmer Scientific here in the US, you
1:37
had rumblings of potentially Michael Dell, which is
1:41
potentially gonna follow in the footsteps of the Chad Sailor and
1:44
Co. We'll see, you know, we'll see
1:46
what happens there. So really, really exciting stuff
1:50
overall. And in other news as well, also
1:53
Greg Foss, it seems like he was missing for quite a while.
1:57
Seems like he came back and you know, during the number segment
2:00
we're going to, we're going to play you a bullish bit from Greg
2:03
Foss explaining why Bitcoin could potentially reach easily
2:08
$2,000,000 per coin. And then he talks about why
2:12
Bitcoin today is essentially like, you know, picking one of
2:16
these Internet stocks in the early 1990s.
2:18
And I loved his breakdown. We're gonna talk about that.
2:20
Also, guys, when in doubt, it's important to zoom out.
2:24
I know that the price has not been friendly to a lot of
2:27
people, but you gotta you gotta look back in Bitcoin's history
2:31
because we've been here many, many, many times in the past.
2:36
We multiple corrections of 30, forty, 2933%.
2:41
This has happened. I don't think the bull market is
2:44
over. I think it's just getting
2:45
started. I think that if it would have
2:47
kept going, we would have had a crazy, crazy correction.
2:50
I think things are going to start to pick up towards the end
2:53
of the year. Usually summers tend to be
2:55
boring. Also, one last thing I wanted to
2:57
touch on. I'm pretty sure Opti touched on
2:59
this last week. The Samurai wallet devs got
3:02
released on bail. I think it's it's a complete
3:07
injustice that no banker went to jail in 2008 for what they did.
3:11
No significant banker. I think they made an example out
3:14
of one guy, relatively unknown, but none of the big guys, none
3:17
of them went to jail for what they did.
3:19
And then, you know, they're locking Bitcoin developers in,
3:23
in in a box like that. That's a complete injustice.
3:26
So we're going to talk about that as well.
3:29
It's going to be a great show. I'm happy to be back in the host
3:32
seat but anyways, no more delay I'll bring up Opti on screen.
3:36
Opti, how you doing bro? How was last week?
3:39
And Opti needs to learn what an Ethernet cable is so yeah, I
3:42
messed up. I might be messed up yeah no,
3:45
I'm good man. You know they're saying in the
3:47
chat take Nico needs to take more of a week off I'm like no,
3:50
I think Opti needs a week off at this point but no man, it was
3:54
good it was fun man it's it's great.
3:57
This is this is our job. This is, this is amazing.
3:59
But yeah, it's, it's good to have you back.
4:02
I like, I like just kicking back and hanging out with the chat.
4:05
It's, it's way more fun. But anyways, on that note, let's
4:08
bring in our guests 'cause I think you guys are going to love
4:12
today's culture. We have, I would say, a culture
4:16
war legend with us today, the Andrew Mayer.
4:19
And of course, if you guys aren't familiar with him, he
4:22
wrote and epic book, which has a epic title.
4:25
Don't tase me bro. Real questions, fake news and my
4:28
life as a meme. But yeah, let's go.
4:30
We can plug it, we can plug it. And then of course, what we're
4:33
going to talk about. He also released an an
4:36
incredible, incredible game called the the Alex.
4:41
What's it? Is it the real?
4:42
No, the Alex James Alex Jones video game, and we're going to
4:47
talk about that. But Nico, you segwayed us really
4:49
good because I asked Andrew what he wanted to talk about and he's
4:52
like, we need to keep pushing the narrative on the failing
4:56
banking system. So Andrew, thanks for showing up
4:59
today. Say hello to the crowd and also
5:01
give give people a little more TLDR on what you're working on
5:04
and what you're about. Thanks for the intro, Opti, That
5:08
was great. Yeah, I'm, I'm like you said,
5:12
been in the culture war 15 years, probably most famous for,
5:17
you know, questioning John Kerry.
5:19
Don't tase me, bro. That's me went super, super
5:24
viral. It was everywhere.
5:26
You know, Jon Stewart, The Daily Show, CNNMSNBC, Dave Chappelle
5:30
was the only one that did a funny joke about it actually.
5:34
But the video game that you talking about, it's called the
5:36
NWO wars, Alex Jones NWO Wars. So all the way back from don't
5:41
tase me bro to today I just released what was the top
5:44
trending game on steam, Alex Jones NWO war.
5:47
So you get to play as Alex Jones and go take out the globalists.
5:54
So. No.
5:55
And dude, I, I wanna, you're the don't tase me bro.
5:58
Guy. Holy cow, dude.
6:00
It's an honor to have you on the show.
6:03
Did you end up getting Tased? I forget, 'cause that was a long
6:05
ago. It was a long time ago.
6:07
Very very very painful. Not fun.
6:09
Don't recommend. Man, that's bullshit.
6:14
But dude, that video went absolutely that was like the
6:17
beginning of, of like the beginning of what I call the
6:20
great awakening. Like if people were still not
6:23
awake to, you know, the, the, the, the systems of control that
6:29
are in place. But I, I, you know, I think
6:33
it's, I think we're turning a new, like a new, we're heading
6:36
into a new era. Cause the percentage of the
6:38
population that's being awoken to what is actually going on has
6:43
me incredibly bullish on the future.
6:46
Bro I'm like a living bellwether for that when the don't tase me
6:49
bro thing happened like the mainstream media tried to make
6:52
it into like a joke because they didn't want people to pay
6:55
attention to what I was saying and how the police are behaving.
6:59
Like a, a video on me went pretty decently viral on YouTube
7:03
recently and it's like, holy crap, this guy, everything he
7:06
was saying was right. What the police did was
7:09
terrible. Like it's a, it's a whole vibe
7:11
shift from what it used to be 15 years ago.
7:13
Like people are really waking up and thank God for that.
7:17
Yeah, 100%. All right, ladies and gentlemen,
7:20
it's gonna be an incredible show.
7:22
We have so much to cover. We have so much to talk about.
7:25
Before we jump into that, of course, I have to give an
7:29
incredibly special shout out to our lead sponsor.
7:32
And if we're talking about Bitcoin, well, Bitcoinwell is
7:34
the best place to build your automatic self custody Bitcoin
7:39
stack. It's the publicly traded company
7:41
coming out of Canada that recently expanded to all 50 U.S.
7:45
states. It is a self custody by the
7:48
fault Bitcoin platform. What does that mean?
7:51
That means that you can't buy Bitcoin on Bitcoin.
7:54
Well unless you intend to take self custody, they don't even
7:58
give you the ability to leave your Bitcoin on the exchange,
8:03
which perfectly aligns with the simply Bitcoin ethos of the
8:06
separation of money and state. To get started, go to
8:09
bitcoinwell.com/simply BTC. Put in your e-mail address.
8:13
Literally takes about a minute or two to get verified and
8:16
again, it's completely non custodial.
8:19
Empowering sovereign ownership. Also, if you buy Bitcoin on
8:23
Bitcoin well, you earn Bitcoin well points and you can use
8:27
those points towards the Bitcoin wishing well.
8:29
The Bitcoin wishing well is this kind of little contest thing.
8:32
And by the way, if if once you use those points, you have an
8:39
opportunity, you toss a coin into the Bitcoin wishing well to
8:41
win up to 1,000,000 Satoshi's. But I'm not going to do it right
8:44
now. I'm going to I'm going to make
8:46
you guys wait till the end of the show.
8:47
So you watch the end till the end of the show and then you,
8:51
you guys will have an opportunity to scan the QR code
8:54
and win up to 1,000,000 Satoshi's.
8:57
Anyways, ladies and gentlemen, let's get on with the show.
9:01
Lots to talk about. Let's hit the numbers.
9:05
The Bitcoin numbers. Is your Bitcoin and cold storage
9:08
really secure? Is your seed phrase really
9:11
secure? Stamp seeds Do It Yourself Kit
9:14
has everything you need to hammer your seed words into
9:17
commercial grade titanium plates instead of just writing them on
9:22
paper. Don't store your generational
9:24
wealth on paper. Papers prone to water damage,
9:28
fire damage. You want to put your
9:30
generational wealth on one of the strongest metals on planet
9:33
earth. Titanium.
9:34
Your words are actually stamped into this metal plate with this
9:37
hammer and these letter stamps. And once your words are in, they
9:41
aren't going anywhere. No risk of the plate breaking
9:44
apart and pieces falling everywhere.
9:46
Titanium stamp seeds will survive nearly triple the heat
9:49
produced by a house fire. They're also crush proof,
9:52
waterproof, non corrosive, and time proof.
9:55
All things that paper is not allowing you to huddle your
9:57
Bitcoin with Peace of Mind for the long haul.
10:00
Stamp your seed on stamp seed. I made it incredibly easy for
10:05
you guys. All you got to do is scan the QR
10:08
code on your screen use promo code simply get 15% off anything
10:13
on the stamp seed website. Don't store your generational
10:16
wealth on paper stamp that on freaking titanium.
10:20
All right everybody, let's get to it.
10:22
So Greg Foss has been gone for quite, quite a little bit.
10:26
He made a comeback and I just this, this, this whole number
10:30
segments just kind of like a contribution to, to Foss 'cause
10:35
I think he's a amazing member of the Bitcoin community.
10:38
He's had some amazing takes and he's contributed so much.
10:42
So we want, we want to give back on simply Bitcoin.
10:45
So here's one of our shorts that we made of Foss and then we'll,
10:48
we'll read one of his latest greatest takes.
10:50
Anyways, let's check it out. The total addressable market for
10:54
Bitcoin is 900 trillion U.S. dollars.
10:57
That includes 400 trillion of debt.
10:59
Below that is 300 trillion of real estate.
11:03
Below that, 100 trillion of global equities.
11:06
So we're up to 800 trillion. And below that is 100 trillion
11:10
of other assets, including gold. You got 10 trillion of gold.
11:14
You got currencies, commodities. Everything else is another
11:17
hundred trillion. In total, 400 + 300 + 100 + 100
11:22
900 trillion U.S. dollars total addressable market.
11:26
If Bitcoin gets 5% of that 5% of 900 trillion in today's dollars,
11:31
45 trillion / 21 million, we're over 2,000,000 bucks US per
11:37
Bitcoin in today's dollars. I don't know.
11:39
I've never seen a better asymmetric trade in my life than
11:43
the opportunity to own Bitcoin like people do the math.
11:47
This is so simple. Also shout out to the simple
11:52
Bitcoin shorts team for creating that as well.
11:55
So I mean, Foss doing the math, it's just math.
11:59
And I mean, it's, it's pretty like, think about it like the
12:02
premium that real estate has, the amount of, of, of value that
12:06
people are storing in real estate.
12:09
Even though you have to pay taxes, you have to pay, you have
12:12
to pay maintenance like Bitcoin. You don't have to pay if it's
12:16
just sitting on a Bitcoin wallet, yet they're not making
12:18
you pay taxes on that and you don't have to pay maintenance on
12:21
self custody Bitcoin, right? But this is what happened with
12:25
the Fiat world. It's just Frankenstein
12:27
everything like the, the, the belief, the SIOP, the greatest
12:31
SIOP is the, the this idea that somehow you have to become a
12:36
part time investor just to maintain purchasing power.
12:39
That's SIOP 1. SIOP 2, The idea that somehow
12:44
money needs to lose value in order to function is insanity,
12:48
right? So I think a lot of these asset
12:51
classes that are being used as stores of value because of how
12:57
effed up central banking has made everything.
12:59
I think a lot of that value is going to flow from inferior
13:04
stores of value like real estate, like gold, like equities
13:09
to Bitcoin, which I would, I would say is this superior store
13:13
of value because of its physical characteristics.
13:16
You can write down a 12 word, 24 word, 24 word seed phrase.
13:20
You could stamp it on titanium. You could take it anywhere with
13:23
you, right? You can transact with anyone
13:25
freely. It's an open monetary network.
13:28
Anyways, you guys have heard the pitch, so here's one of Foss's
13:32
latest bits. I absolutely love this take, he
13:34
says a a short story from Foss. Why Bitcoin price today is just
13:39
like Microsoft stock price in 1992, about two, it was about
13:43
two US dollars. Now it's $450 in 2024.
13:48
In 92, I was working on a consulting contract at the Bank
13:51
of Boston. The project was capital
13:53
allocation and risk pricing for the various businesses.
13:57
It was mandated by the Fed because the bank was insolvent.
14:00
Previously I had worked at Canadas largest bank, RBC, and
14:04
the software packages we used were WordPerfect and Lotus 123.
14:09
The two programs didn't talk to one another.
14:12
Microsoft designed Excel, Excel, and Word to talk to one another
14:16
so that importing info was simple and quick.
14:19
Excel was almost as good as Lotus 123 and Word was better
14:23
than WP in my opinion. But the most important
14:26
improvement was ease of combining documents and charts
14:30
and macro programming. I was blown away.
14:33
Here was an insolvent small New York England bank that had
14:36
already jumped to a new system standard, while RBC was slower
14:40
to adapt. When I returned to Canada after
14:43
my five month contract, I told everyone to buy Microsoft Lotus.
14:47
123 was private and you couldn't short it, but my thesis was that
14:51
Microsoft would dominate the landscape for spreadsheets.
14:54
At the time, Microsoft's Microsoft stock was 2 bucks a
14:58
share. 30 years later it is 220 * 225 times higher.
15:06
Bitcoin is in the same position today as Microsoft in 1992.
15:11
Don't overthink, own Bitcoin and huddle.
15:15
I 100% agree. And again, if you want to learn
15:19
from the past, you kind of have to study it a little bit.
15:22
And there's been multiple examples of not only Foss like
15:25
showing you his lived experience, but also, you know,
15:29
you had the, the, the very famous video of Michael Saylor
15:33
literally talking about, you know how buying bitcoins today
15:38
is like buying Apple stock 10 years ago, right?
15:43
This was before the smartphone revolution, right?
15:46
This was my era. I remember in high school, I was
15:48
using a BlackBerry. The BlackBerry was the thing,
15:51
right? With BBM messenger.
15:53
It had brick breaker on it. Never could I have ever
15:56
imagined, you know, you would literally have, you know, a a
16:00
computer that you can use with your fingers that allows you to
16:05
order food to your home, buy airplane tickets, get a ride.
16:09
You want an Uber to your phone, right?
16:10
If you have a Tesla, allows you to open your doors to your
16:13
Tesla, control it anywhere. You know, if you have a camera,
16:16
systems like your phone could do anything, right?
16:18
The BlackBerry couldn't do that, right?
16:21
So Michael Saylor saw, you know, had the foresight to see that
16:24
and just like Foss has the foresight to see what Bitcoin
16:29
will become, you know, a decade from now, two decades from now,
16:33
because he's lived it. He's had that lived experience
16:36
before, right? So, you know, appreciate Foss.
16:40
We miss you, bro. You know, happy, happy that
16:43
you're back. And you're a very, very valued
16:45
member of the community. Anyways, Andrew, I'm going to
16:47
start with you. It seems like Opti is still
16:49
having some technical difficulties.
16:51
He's going to be going to Best Buy today after the show so that
16:55
he's, you know, he's non pixelated tomorrow.
16:58
Anyways, Andrew, what's your take on all this brother?
17:02
I I'm amazed by both your ability and Foss's ability to
17:07
just put things very, very simply.
17:10
You, you named your podcast very aptly.
17:12
The way you make things for people is very simple.
17:15
I was Once Upon a time the editor in chief of We Are
17:19
Change, a major independent news network.
17:22
And in 2011, I was telling people to buy Bitcoin when it
17:27
was 300 bucks, when it was 300 bucks.
17:30
And I wish I had been able to hold on to more of my Bitcoin.
17:35
And from that point, I knew where it was going.
17:37
I was just so broken those times, I couldn't hold as much
17:39
as I would have liked to. But yeah, I mean, my wife was
17:42
telling me to buy at 3 bucks. We both listen to Max Kaiser all
17:45
the time. And it's just very obvious where
17:49
things are going. And the thing I always tell
17:51
people for mass adoption, you know, everyone wants to tell
17:55
people about how great Bitcoin is.
17:57
But I think the reason that a lot of people got into Bitcoin
18:01
and what a lot of people still don't understand is how bad the
18:05
banking system is, why the money is being inflated, why the banks
18:10
are failing. And I think the more people
18:13
understand about the the Federal Reserve and the currency, that's
18:19
what really drives people into into Bitcoin when they realize
18:22
there's no way the dollar is going to be able to hold value
18:24
over time. 100% I, I 100% agree with that.
18:28
And I just wanted to ask you as well as dude, like you're an OG
18:33
you, you got in extremely, extremely early $300.00 Bitcoin,
18:39
you mentioned 2 to $3.00 Bitcoin.
18:42
Things were very, very different back then, weren't they?
18:46
No, I mean, it's funny. It was like this massive
18:49
subculture, like if you knew about it like you were, you were
18:54
a guy that knew and nobody knew. But everybody that knew about it
18:58
knew where it was going. Everybody knew where it was
19:00
going. But it's like we were waiting
19:03
for this, for this wider world to find out about it.
19:06
And now it's like we're in that stage again.
19:09
It's just we've leveled up 100 times for the amount of people
19:12
that know. But it's still early.
19:14
It's still you. Think you you, you think you
19:17
think it's still early like like because because that's like one
19:20
of the one of the narratives, right.
19:21
The narrative is that, you know like diminishing returns.
19:26
We're at 55 K for Bitcoin to double from where it is today.
19:30
You know, it's a lot harder than for Bitcoin to double from a
19:35
$2.00. No, no.
19:36
OK, tell us why. Tell us why.
19:38
Look at look at the dollar, the dollar.
19:41
I just filled up my gas tank the other day.
19:44
It was 60 bucks. I remember it was 30 bucks a
19:46
couple of years ago. So the value of the dollar keeps
19:50
going like this. The more the dollar goes like
19:52
this, the more people find out about Bitcoin.
19:55
Bitcoin going to keep going like this.
19:57
You still got go talk to, you know, your parents or somebody's
20:01
parents. The boomers hold most of the
20:03
wealth. What do they know about Bitcoin?
20:05
Their money managers think that it's a scam still, still to this
20:09
day. So they're still getting used to
20:12
the idea of it. The boomers that hold most of
20:14
the wealth. So eventually they're going to
20:17
add it as a hedge, just like all these sovereign nations are now
20:21
adding it a Bitcoin to their holdings.
20:23
You know, not just El Salvador, but lots of nations are starting
20:26
to add Bitcoin to the holdings of their nation.
20:29
When the boomers as a generation add Bitcoin as an asset class to
20:35
their portfolio, or when they all bite the dust and their
20:40
inheritors start buying more of it, it's going to go like this
20:42
still. So I think, you know, my friends
20:45
of mine asked me when Bitcoin was going down from 60 to 58,
20:48
where do you think it's it could hit 40.
20:51
You know, the fluctuations of Bitcoin are like this, but over
20:54
time like this, there's, there's just no way around it.
20:58
Absolutely guys, if you're enjoying the show so far, make
21:01
sure to smash that like button. Really, really helps with the
21:05
algos. We're currently at 90 likes.
21:07
Help us break 100 likes within the 1st 25 minutes of the show.
21:11
So if you guys are tuned in on YouTube right now, smash that
21:14
like button you're listening to simply Bitcoin live, the most
21:17
watched daily Bitcoin live show on YouTube, Rumble and X Opty
21:20
seems to have dropped out. He's having some technical
21:22
difficulties, but he'll be back tomorrow.
21:24
I'm going to be holding it down with Andrew today.
21:26
We have so much content still to unpack, but starting off strong
21:32
man with Foss dropping the fire, Andrew dropping the fire and
21:36
dude, great, great. It's it's great to learn from
21:40
people that have been in here a while because now that we're
21:44
kind of like in this little correction phase, right?
21:47
It's like how many times have you seen this bro is Bitcoin?
21:52
Down I remember, I remember when Bitcoin hit like 20 K for the
21:56
first time and then it dropped to like 13 and then down to six
22:00
and people, oh, it's going to zero.
22:02
I'm like $6000. It was just like three.
22:05
It was just like 6 or 300. You know, like and you're,
22:08
you're, you're crying that it's like 10X what it was and then,
22:12
then, then it lost half of its value like it's going to go back
22:16
up. This is what it does.
22:18
It peaks and it crashes out. Like if people are freaking out
22:21
about this little drop, I mean, you got to toughen up.
22:25
Exactly. You got to toughen up Buttercup.
22:28
Anyways, guys, we have we have so much stuff for you guys on
22:31
today's show, so stay tuned. But before we do that, I do want
22:35
to give an extremely special shout out to one of our
22:38
sponsors. And of course, I'm talking about
22:41
the party in Nashville, TN. It's coming up, ladies and
22:45
gentlemen. It's going to be absolutely
22:46
awesome. It's like literally like two
22:49
weeks from now. And what is the pleb party?
22:51
The pleb power. The pleb party is a 12 hour open
22:54
bar. That's right.
22:55
The the drinks are included in the ticket from noon to midnight
22:59
in Nashville the the day before the biggest Bitcoin conference
23:04
in the world, Bitcoin 2024. So if you're going to the
23:06
Bitcoin 2024 conference in Nashville, this is the event to
23:10
be at the day before Thursday, July 25th.
23:14
You want to get your tickets quickly because they will sell.
23:17
They will sell out. Over 1000 Bitcoiners are
23:20
expected to be attending. The last pled party in Miami
23:24
sold out eight days before. You will not be able to get
23:26
tickets at the door. Confirmed attendees so far
23:29
include Larry Leopard, Preston Pitch, the entire Simply Bitcoin
23:33
crew, James Lavish, Robert Breedlove, Mark Moss Puppy,
23:37
Tatum Turnip, Adam O'Brien, and many, many, many more.
23:39
If you want to see me and Opti in the flesh and Ruston in the
23:42
flesh, we'll see you guys at the Pleb party in Nashville July
23:47
25th. Scan the QR code or check the
23:50
link in the video slash podcast description to find out more
23:53
information. All right, everybody, let's hit
23:55
the news. We have a lot to talk about
23:57
today, the Daily News. I want to give a shout out to
24:05
our sponsor Foundation Devices. It's self custody done right.
24:09
They built a premium grade hardware wallet called Passport
24:13
right here in the US. It's fully open source and
24:16
verifiable. It's the most intuitive Bitcoin
24:18
wallet designed with the UX reminiscent of a simple feature
24:22
phone, so you will know how to navigate it and use it the
24:25
moment you pick it up. Get your Bitcoin off exchanges
24:28
and into your into your own hands in just a few minutes.
24:31
Experience a Peace of Mind that comes with taking ownership of
24:34
your own keys. After a massive sellout during
24:37
Bitcoin Miami 2023, the Passport is back in stock at
24:41
foundationdevices.com. Bitcoin only open source
24:45
verifiable completely air gap security model, gorgeous design
24:49
craft premium grade materials. If you're thinking about getting
24:52
your Bitcoin off exchanges, this is the one for you.
24:55
Check out the passport link in the show notes below to learn
24:58
more. Like always, I made it
25:01
incredibly easy for you guys. Scan the QR code on your screen
25:04
right now. It'll take you directly to the
25:07
foundation devices website where you guys could use promo code
25:11
simply to get a discount on the passport hardware wallet.
25:15
Remember guys, not your keys, not your cheese.
25:18
If you don't take self custody, it's not really your Bitcoin,
25:20
right? You want to take self custody of
25:22
your Bitcoin and of course I recommend the passport by
25:26
foundation devices. All right everybody, so I told
25:29
you that we've been in this situation many, many times
25:32
before and we really have here's Adam back even pointing it out.
25:37
Remember, zoom out prior bull markets have had half a dozen
25:41
30% drawdowns too. We're about 26 percent, 27%
25:46
earlier. In fact, if anything, recent
25:48
drawdowns seem to be less deep. But people forget the normal
25:51
bull market pattern. Don't panic buy the dip or buy a
25:55
bit of. I think he's mentioning
25:57
MicroStrategy. Anyways, so here's recked
26:01
capital. Bitcoin will retrace deep enough
26:04
to convince you that the bull market is over and then it will
26:07
resume its uptrend. I think that's a really good
26:09
point. We can't help like we have
26:12
monkey brains. So when the price just keeps
26:15
going up, we're like, we got to buy, buy, buy, buy, buy, buy,
26:16
buy. When the price dumps, we're
26:18
like, Oh my God, we got to sell. Right?
26:20
Time in the market beats timing the market.
26:23
That's really key. Been eight years in Bitcoin.
26:26
Seems my, my friend here, Andrew has been a little bit longer
26:29
than I have and I think we could both agree to that, right time
26:33
in the market beats timing the market.
26:35
Anyways, Andrew, you want to add to that before we move on to the
26:37
next bit? Yeah, there's a great meme you
26:40
could probably pull it up while I'm talking called The
26:42
Psychology of a Wall Street Cycle.
26:45
Maybe you've seen it before, but basically it just shows, you
26:49
know, the the FOMO. Oh, no, it's going up now.
26:53
I got to buy. Everybody buys at its peak.
26:56
Then it starts going down and people lose their minds.
26:58
Oh my gosh, I got to sell off and they sell it off.
27:01
So they, they buy too late, they sell off to it.
27:04
There it is. You've seen you've seen this one
27:06
before. Yeah, of course.
27:08
That's that's it right there. If you know this, you can always
27:13
be ahead of the cycle with Bitcoin because we've seen it so
27:16
many times. You can basically see what it's
27:19
going to do like if if you want to profit at the peak and sell
27:22
off some you can't like sell off half or whatever you can and
27:25
then oh, it's going down great. I'm going to buy more soon.
27:29
So this is this is a time period.
27:31
So you could buy more now, maybe wait a little bit and buy more
27:34
if it if it drops a little bit more.
27:36
But this, this is not time to panic.
27:38
This is time to get greedy. 100 percent, 100% agree with you
27:43
bro. This is the time to get greedy.
27:46
You have a 20 percent 25% discount.
27:49
This is when you double, triple, quadruple down.
27:51
Anyways, ladies and gentlemen, let's talk about Metaplanet.
27:54
Metaplanet Japanese public company Metaplanet has made
27:57
another significant investment in Bitcoin, purchasing an an
28:00
additional 400. I forget.
28:03
Do you know what the name of the Japanese currency is?
28:06
The yen. The yen, thank you, $400 million
28:09
were ¥400 million worth of of the cryptocurrency.
28:13
This move has increased their total holdings to 203 BTC
28:18
acquired at an average price of ¥10,000,000 per coin.
28:23
The company's strategy of investing in Bitcoin has been
28:26
likened to that of MicroStrategy.
28:29
So I mean, look, I think other companies are going to follow
28:33
the footsteps of MicroStrategy. I think you have three so far.
28:37
Of course you have a similar scientific, you have Metaplanet.
28:41
Also shout out to Bitcoin Magazine and Dylan Leclair for
28:45
really pushing that forward. And then of course you have the
28:47
OG micro strategy. And then also, I know a lot of
28:50
people hate Elon, you know, gives a bit of a shit corner
28:52
with the whole doge thing and whatever, but Tesla still owns
28:55
like 8000 Bitcoin, right? So, you know, that is a massive
28:59
company, Fortune 500 company that has a pretty big Bitcoin
29:02
stack. And I think they learned their
29:03
lesson too because they sold a little bit early on that I don't
29:07
think they're going to do that again anyway.
29:09
So what is Metaplanet? Here's their website, Metaplanet
29:12
secure the future of Bitcoin. Seems like they're just focusing
29:15
on Bitcoin. So a little bit of a history of
29:18
of the company. Metaplanet boasts over a decade
29:20
of diversified business engagement with deep roots in
29:23
Japan. Our dynamic team comprises
29:26
comprises seasoned professionals with expertise in finance,
29:29
trading, real estate and Bitcoin.
29:31
In response to the pandemic induced investment landscape,
29:34
Metaplanic comprehensively restructured its diverse assets
29:39
and business, paving the way for a strategic pivot towards a
29:42
Bitcoin centric vision. That's interesting, right?
29:46
Bitcoin centric. So micro strategy did kind of
29:49
the same thing. They had a software company, it
29:51
was kind of dying, it wasn't going anywhere, and then they
29:54
pivoted and now they're just a company that's just focusing on
29:58
Bitcoin. Anyways, here's a little bit
29:59
more info about the company itself.
30:01
Metaplanet Inc, a publicly traded company listed on the
30:04
Tokyo Stock Exchange, has embarked on a strategic
30:07
transformation by leveraging Bitcoin as its principal
30:11
treasury reserve asset. Metaplanet will utilize excess
30:15
cash flow and implement accreditive corporate
30:21
governance, including financial management strategies such as
30:24
debt and equity financing to further its Bitcoin
30:27
accumulation. The strategic pivot is driven by
30:30
Bitcoin's unique attributes, including its absolute scarcity
30:34
and apolitical monetary policy. Very similar.
30:37
This is, this is like the Japanese version of
30:39
MicroStrategy. That's what I'm looking at
30:41
anyways. Andrew, do you have any takes on
30:42
this before we move on? It just reminds me of what I was
30:46
saying earlier. We were talking about basically
30:49
institutional investors, you know, nation States and that
30:52
BlackRock and other institutional investors
30:54
companies like micro strategies, friend of mine introduced a
30:57
sailor to Bitcoin by the way. So I think there's more of that
31:01
coming, more like massive institutional investors getting
31:05
involved, seeing that, just buying and holding this thing.
31:09
It always goes up. It always reaches a new high and
31:13
that they're they're basically, especially if you're a hedge
31:17
fund, something like that, you're derelict in your duty if
31:20
you don't have this as an asset class.
31:22
So Bitcoin go up and I think more and more people, they want
31:27
to look like geniuses. So they're going to say, you
31:30
know, I think we should add some of this Bitcoin to our holdings.
31:32
100% and they got some heavy hitters on there.
31:35
Of course you have Mark Usko, you have Dylan Leclair, just
31:40
those are the ones that kind of stick out.
31:42
So definitely some Bitcoin heavy hitters on the team.
31:45
So look, another company following the steps of
31:47
MicroStrategy. I think this is a, this is a
31:50
trend that is is going to continue 1,000,000%.
31:54
Anyways. Another thing that I want to
31:55
talk about, I perhaps Opti talked about this last week, but
31:59
I wanted to get my take and you know, I'll get Andrew's take as
32:01
well. U.S. government agreed to
32:03
release Samurai's T Dev on bail. It goes on to say the filing
32:07
states that Hill is expected to appear in the Southern District
32:10
of New York on July 9th or 10th, 2024 following his extradition
32:15
from Portugal. Hill's defense requests that he
32:17
be released to his home in Lisbon, Portugal pending trial,
32:20
while the US government wants him extradited to the United
32:24
States. Hill's bail is currently set at
32:26
a $2,000,000 bond provided by his family, which includes
32:30
$200,000 in cash in a family home in New York.
32:33
The defense is willing to increase the bill package to
32:36
3,000,000 by adding additional family real estate in Europe if
32:39
Hill is allowed to be released on bail on to his home in
32:43
Portugal. The defense asserts that Hill
32:45
poses no flight risk as the stringent bail package would
32:49
leave his loved ones homeless if he failed to appear for trial.
32:54
This also note that Hill is not facing a guaranteed sentence due
32:57
to the novelty and aggressiveness of the charges.
33:01
Hill's defense also describes the US government's prosecution
33:04
as quote, aggressive as it is expansive, akin to charging
33:08
Apple for cyber crimes committed with Macbooks.
33:11
And like such a crime, it is impermissibly uses criminal law
33:15
to effect policy change. He is facing charges he can,
33:19
should and will contest a trial. And that's a really good point.
33:22
And I can't emphasize this enough.
33:23
This is something that we've been covering for months on
33:26
Simply Bitcoin, is that they're not legislating through the
33:30
legislative process, they're legislating through law.
33:33
Fair. What they're doing here is
33:35
they're trying to set a precedent, just like they did
33:37
with the Tornado Cash guy, and basically saying that if you
33:41
develop code and that code is used by criminals to break the
33:45
law, the coder is liable for that.
33:48
Do you see how slippery that slope is?
33:52
Like, that would be crazy. That'd be nuts.
33:55
But of course, they're trying to set that precedent.
33:57
The reason they're trying to set that precedent is because we
34:00
are. This is the separation of money
34:02
and state, as the book The Sovereign Individual has
34:05
mentioned many, many times. I'll read a small quote here,
34:08
says businesses that officer that offer the services that
34:11
facilitate the realization of autonomy by individuals will be
34:14
subject to infiltration, sabotage, and disruption.
34:17
Lacking their accustomed scope to tax and inflate, governments
34:20
even in traditionally civil countries will turn nasty,
34:25
right? So this is what I'm talking
34:27
about, right? Any type of technology or any
34:30
type of thing that allows people to reach A level of sovereignty,
34:36
I think governments are not gonna like that.
34:37
You're seeing this on the information front as well,
34:40
right? As governments try to crack
34:42
down, they try to censor the free flow of information.
34:46
But I think they're going to lose.
34:47
And the reason they're going to lose is, first of all, Bitcoin
34:50
is decentralized. Information is becoming more
34:52
decentralized. And they weren't prepared for
34:55
the fact that they always hoped, they always bet.
34:58
They built their entire regulatory system on the I think
35:04
that they thought that there was always going to be a handful of
35:07
intermediaries, a handful of custodians of which they can
35:11
use, They can Co opt to put pressure on people, but what
35:16
happens when there's mass scale peer-to-peer communications and
35:20
mass scale peer-to-peer money? There, there is no custodian.
35:23
There is no individual or or sorry intermediary for you to Co
35:28
opt as as a government agency. Remember, the reason that they
35:31
were able to control information the way that they used to is
35:36
because there was only a handful of media outlets.
35:39
You guys, unless your head has been buried under the rock or
35:42
something, you guys know for a fact that the legacy media, like
35:48
they're not media, They're propaganda like, like they act
35:51
like propaganda. They're not really like in the
35:53
business of reporting what's going on.
35:55
They're in the business of protecting the regime and
35:57
protecting the status quo. They're not in the business of
36:00
telling the truth, which is why you see the rise of independent
36:03
content creators. This is why Joe Rogan is so
36:05
popular. This is why Russell Brand is so
36:07
popular. This is why Tucker is so
36:09
popular. And they get way more numbers
36:11
than any of the legacy media platforms and networks.
36:14
And the reason for that is simple.
36:16
They tell the truth. And it's very difficult for the
36:18
government to just Co opt all these independent content
36:21
creators. It's the same with the money
36:25
before. The reason that they were able
36:26
to get away with the 6102 order back in the 1930s was because
36:30
there was a handful of custodians that kept everyone's
36:33
gold. But what happens if everyone
36:35
just held their gold? What happens if everyone just
36:37
held hold their private keys? Do you think the government's
36:41
going to go door to door and say hey, you holding your Bitcoin is
36:46
is a danger to society? Like no.
36:49
This is why self custody is so important.
36:51
Self custody is a revolution. If enough of us do it, we will
36:55
win anyways. So it goes on to say it adds
36:58
that FIN CEN guidance has long made clear that peer-to-peer
37:01
apps like Samurai Wallet do not qualify as money transmitting
37:05
licenses. And again, This is why it's so
37:08
dangerous. They're trying to set a
37:09
precedent. They prosecute this guy, they
37:11
find him guilty. Now it's a precedent.
37:14
If you write certain code that the US government doesn't agree
37:17
with that other people use, you are somehow responsible for
37:21
that. Could you see how that's a
37:22
slippery slope? And they can say, oh, you're
37:25
writing code for the Electrum wallet, for the Sparrow wallet,
37:28
and it doesn't have KYC. That's a problem.
37:31
And again, in my opinion, I'm not a lawyer, I think this is
37:35
against the 1st Amendment because at the end of the day,
37:37
you know, speech is protected and code is speech anyways.
37:42
So I think this is good news. Andrew, what's your take on all
37:45
this? Bro?
37:46
I feel like you've, I know that you feel as passionate about
37:48
this as you because you know, we're Bitcoiners at the end of
37:51
the day. Well, the first thing I I think
37:55
of is Ross Olbricht. You know, I'm friends with his
37:58
mom, Lynn. He's famously prosecuted just
38:01
for opening a site that you can trade things in crypto for.
38:05
And I think that This is why the election is so important.
38:09
You know, you can want to be non political, stay out of it.
38:12
Both sides are stupid. But at the end of the day, the
38:17
current administration, they're doing everything to prosecute
38:22
people that that promote cryptocurrency, that promote
38:26
Bitcoin. The recent arrest and
38:28
extradition of Roger Vayer, the one that you just pointed out.
38:32
So you know, I, I, I hate to bring it there.
38:36
This this show has been so nice and nonpartisan, non political,
38:40
but people got to vote for President Trump.
38:42
Trump is promising to do everything to protect Bitcoin,
38:46
to protect people that hold any type of crypto.
38:49
And the difference is obvious. And when you say that the
38:53
government goes after, you know, I have a friend, his name is
38:57
PDB. He's on Twitter now he's getting
38:59
big on Twitter. Literally the only reason he
39:02
even made a Twitter is because he created a baby formula so
39:05
successful that it was taking to the tune of hundreds of millions
39:09
of dollars from Johnson and Johnson.
39:11
They had terrible baby formula. He made organic baby formula.
39:14
So the government came after him, cracked down on his baby
39:17
formula like they cracked down on the people that sell raw
39:20
milk. So hold on.
39:22
To be fair though, so we have been, we, we, we, we've, we took
39:27
a neutral approach to the show in the political sense until
39:31
they locked the the samurai wallet guys in jail.
39:34
And then we said, listen, you have to vote for Trump or FK we.
39:38
We publicly endorsed both of them because it became very
39:42
obvious. One side of the political
39:44
spectrum is so basically Biden and what's behind him really
39:49
'cause we all know that Biden's are really calling the shots.
39:51
What I call the administrative state that is funded by the Fiat
39:54
money printer. They're pro CBDC, anti Bitcoin.
40:01
And the other side is pro Bitcoin anti CBDC like.
40:06
Politics is not, is, is irrelevant in this.
40:09
It's that that one guy is not going to, is going to be pro
40:13
Bitcoin and the other guy's going to be anti Bitcoin, right?
40:16
Like it's as simple as that. And I think it's very
40:18
uncomfortable for a lot of Bitcoiners to take a political
40:21
stance and say, oh, I'm not voting.
40:23
It's like then you're literally like voting for more of this and
40:28
they're not going to stop. And this is what people have to
40:30
understand. Like they're setting precedents
40:32
with these cases, right? And before you know it, could
40:36
you imagine, and this is not that crazy to think about, you
40:39
saw the FBI kind of warning saying self custody very, very
40:44
bad. Spooky.
40:46
Five years from now, you can imagine if you download a
40:50
version of Sparrow that doesn't have KYC, you go to jail, right?
40:55
Like that's where it's heading. So, yeah, I think Bitcoin right
40:59
now, it's becoming so influential and we are becoming
41:02
so influential as a voting, as a voting base that politicians are
41:07
pandering to us to get votes, right?
41:10
Which I think is a testament to the power of our movement,
41:12
right? But I got to say, Andrew, 100%
41:16
vote for Trump, vote for Trump, vote for RFK, really vote for
41:19
Trump, because I don't think RFK really has a shot of winning.
41:21
Anyways. I didn't mean to interrupt your
41:23
thought, but I just want to interject there very quickly.
41:26
All good. I, I I've been full on for
41:29
Trump. I helped in a way get him
41:31
elected in 2016. I was the editor in chief of We
41:35
Are change. I broke the spirit cooking story
41:37
that let people know that literally Hillary, Hillary's
41:40
campaign manager was into actual satanic rituals.
41:43
Very sick stuff. But I don't always like to take
41:46
it there a a show like this. Because Bitcoin is for
41:49
everybody. People don't think of it as
41:50
political. But when you have enough power
41:53
and enough money, everything becomes political because
41:55
there's an oligarch class that does not want people to have
41:59
freedom. And Bitcoin is pure freedom.
42:01
And you said earlier that, you know, it's crazy or they're
42:05
going to go door to door and and try and get your Bitcoin.
42:08
The government did that in the 1930s.
42:10
They went around looking for people's gold.
42:12
They wanted to seize people's gold.
42:15
And Bitcoin is digital gold. So yeah, they don't want the
42:19
people to have the power, the oligarchs, the people that
42:23
puppet Joe Biden, they want to have all the power.
42:27
And there's plenty of dirty Republicans as well.
42:29
But President Trump is pretty obviously pro humanity.
42:32
So you're either on team humanity.
42:34
You want people to be able to succeed and have money and have
42:37
power or you want to control everything and you're a sicko
42:40
like Joe Biden and the people that own him.
42:43
So it's it's pretty obvious to me.
42:46
And if one more point you're talking about the media.
42:49
The name of my book is don't tase me bro.
42:52
Real questions. Fake news in my life is a meme.
42:54
The media, the media lies, bro, they lie, they lie, they lie.
42:58
This book is full of instance, instance, instance.
43:02
They're they're deep, dark liars.
43:04
If you've ever been covered by the media, you would know this.
43:08
They they lie every chance they get and they're they're blatant
43:11
about it these days. Yeah, 100 percent, 100%.
43:16
And I, I think that there's a great awakening and I think
43:18
people are, are, are starting to realize that right, is that the
43:23
media is not media. The media is propaganda.
43:26
And I think that's why Twitter is the most popular news app and
43:31
it's not the New York Times because I think people like
43:35
people are awakened to that. People are, are realizing this,
43:37
right? So anyways, all right, guys,
43:40
before we move on to the next bit, I do want to give an
43:42
extremely special shout out to our sponsor.
43:44
And of course, I'm talking about the pull up.
43:46
The orange pull up is the place where you're going to stack
43:49
friends who stacks at? It's the Bitcoin social layer.
43:52
There's currently 11,178 Bitcoiners that are currently on
43:57
the app is one of the best ways to connect with bitcoiners.
44:02
So if you move to a new city, you don't know anyone around you
44:06
or perhaps you've lived in your city for a very long time, you
44:08
just don't even know any bitcoiners around you.
44:11
Open up the orange palap because the orange palap will literally
44:14
show you as a geographical feature and it will literally
44:17
show you the Bitcoiners that are near you.
44:20
So you definitely want to download the orange pull up.
44:22
That's one of the best ways to reach me directly.
44:25
You could send me a message Adm and I make sure to answer every
44:29
single one of them. So download the orange pull up
44:32
today. Stack friends, who stacks?
44:33
That's all right everybody, let's hit the culture lots to
44:35
talk about the daily culture. Shout out to Kaboom Racks.
44:47
Kaboom Racks is the most trusted place to buy, sell, and host
44:50
mining equipment. You can check out their racks by
44:53
scanning the QR code on your screen.
44:55
Also, that will take you direct to their Telegram marketplace
44:58
where you can connect from a member with their sales team.
45:00
They make purchasing their products easy and transparent.
45:03
You could also sell your mining equipment with them.
45:05
Access their vast network of domestic and international
45:07
customers when you sell your mining equipment with Kaboom
45:10
Racks. So check out Kaboom racks today.
45:12
Like I said, scan the QR code or check the link in the video
45:16
description. Anyways, I'll pivot back the
45:18
conversation to Andrew. Andrew, you're dropping some hot
45:21
fire before earlier, my friend and I want to talk about that.
45:25
So you're pushing the narrative. Banking system is broken.
45:30
You talk a little bit about that.
45:32
Yeah, basically, I think a lot of people don't understand that
45:36
the Federal Reserve, look at it from its inception.
45:39
You know, it used to be, we talked about a dollar from its
45:43
inceptions worth four cents. I haven't seen it recently.
45:46
It's probably down to two cents. What you would used to get for
45:50
the purchasing power of a dollar.
45:53
It's it's insane. And I think most people don't
45:56
quite get it. That's the origin of Bitcoin.
45:59
That's the mass adoption from the public will come when they
46:02
realize what the Federal Reserve is, what they've done to our
46:06
currency and how Bitcoin is stable in relation to the
46:09
dollar. Because they keep printing the
46:11
dollar. They make trillions and
46:13
trillions of it. They give it away to foreign
46:15
nations for the military industrial complex.
46:18
And there's no way that it can hold value at this rate.
46:21
Whereas Bitcoin, it's only growing in its adoption. the US
46:26
is losing patrons of the Petro dollar.
46:28
We're losing nations like Saudi Arabia, we're losing to the
46:31
BRICS nations. So what's your alternative if
46:34
you're if you're not a big believer in the BRICS currencies
46:37
and I'm not, the alternative is obviously Bitcoin.
46:40
So the more people understand that, the closer we'll get to
46:44
mass adoption. And to that point, only through
46:47
culture, things like this show like you create a cool
46:50
environment, it's fun to watch. This is what can get people
46:54
hooked into Bitcoin. I made the Alex Jones video game
46:58
because I wanted people to start showing the narratives of what's
47:01
really happening in the news to the next generation.
47:04
That's what brings mass adoption and I'll give you I'll, you
47:07
know, I'll let you, I'll let you in early.
47:08
The way I let people in on Bitcoin early when I was talking
47:11
about it back in the 300 a coin I'm working on my next video
47:15
game is about Bitcoin and I'm looking for if there's a a
47:21
strategic partner for me out there listening to this right
47:24
now, I'm looking for one partner that knows Bitcoin very well
47:28
that would be the right person to work with.
47:31
I'm looking for one strategic partner as as a investor in the
47:35
game. And yeah, the Alex Jones game,
47:38
by the way, that's the funniest game you'll ever play in your
47:41
life. It's so much fun.
47:42
Can you tell us a little bit about that?
47:44
Like, like what is this like? Like, you know, like it like
47:48
what type of game is it? Like, is it like a jump running
47:51
gun like Alex? So Alex has endorsed it himself
47:55
as well. Alex does all the voices in the
47:58
game, so he you know, they're turning the friggin frogs gay.
48:05
You know, like it's that's that's in the game.
48:07
You shoot, you shoot the gay frogs.
48:09
That's clearly Epstein island right there.
48:12
It's a side scroller like Contra or like Metal Slug.
48:16
So it's like a classic Nintendo super Nintendo game.
48:19
Very simple games, very fun, but it's something that you'll enjoy
48:23
playing and that you can pass on to the next generation so that,
48:27
you know, the kids today, they're not playing some woke
48:30
crazy. You've seen, I'm sure, some of
48:32
the stuff of what the new game studios are doing, how they're
48:35
fashioning in weird, you know, woke politics into video games.
48:40
Instead of giving kids that, you can give them this and help them
48:44
expand their mind and win the infowar. 100% And I got to
48:49
emphasize that like we are in an infowar, like this is an
48:53
infowar. 1,000,000% seems like Opti is back.
48:57
I don't know, I'm sweaty, but I ran out and got hardwired
48:59
Ethernet. So hopefully it's better.
49:01
We'll see what happens. Slightly better.
49:04
It still seems like you're slightly in the matrix, but but
49:07
yeah, so man, that's, that's absolutely incredible.
49:10
And I, I want to talk a little bit about that, which is you're,
49:13
you're talking about the info war, right?
49:14
And I, I think I, I think that's, it's a nympho war.
49:18
It's a culture war. I, I think those things are
49:21
incredibly important for Bitcoin to succeed, right?
49:26
Because at the end of the day, we always talk about this is
49:28
separation of money and state is not a kinetic war as an
49:31
information where it's literally about winning over the hearts
49:34
and minds of individuals and waking them up to the reality of
49:38
Bitcoin fixes this, right? It's not a, a left versus right
49:42
thing in, in my, my, my opinion, I believe that it's the party of
49:46
green, the party of Fiat collectivism, slavery, usury,
49:50
war, nihilism versus the party of Bitcoin, peace, prosperity,
49:55
opportunity, hope, all that stuff.
49:58
So can you touch a little bit about the importance of the
50:00
culture war and the info war? Yeah, there's just no way that
50:09
we can ever win people over without putting cool things into
50:12
the culture. There's there the mass adoption
50:15
of anything. It comes through culture.
50:17
It comes through movies, music, video games.
50:21
And for people that don't know, video games are now a bigger
50:25
industry than music and movies combined.
50:29
That's what young men spend their money and time on.
50:32
If you want to get into the culture, video games are where
50:35
it's at especially. But anything for mass adoption,
50:38
whether it's Bitcoin or any message you want to get out
50:41
there, and it's got to be through making it cool.
50:43
It's the rule of cool. If you make something cool,
50:46
it'll get picked up by the masses.
50:48
If you just, you know, only intellectualize about something
50:52
like there's a, there's AI was just at the libertarian
50:55
convention in DCA couple weeks ago.
50:57
And it's such an intellectual movement that it never reached
51:00
mass adoption. The only way it got into the
51:03
public sphere really that the ideas of it were through Ron
51:06
Paul and then Donald Trump. You have to popularize things by
51:10
making them cool. That's that's what makes
51:12
anything popular. So culture, especially things
51:15
like this podcast, the Alex Jones video game, and my
51:18
upcoming Bitcoin game, that's the type of stuff that can take
51:21
the culture and shift where it's going. 100 percent, 100% because
51:26
it's, it's, it's kind of like a war on on many fronts, right?
51:31
And I forget it was is the great and you're going to you're going
51:34
to know this quote, Andrew is the great Andrew Breitbart,
51:37
right? Where you know, politics is
51:39
downstream from culture, right? You have to win over the
51:41
culture. If you win over the culture, you
51:43
win the game. And the problem is that the
51:45
culture right now is corrupted. My I would like to make the case
51:49
that it is because of Fiat like Ben and I BTC sessions and I
51:54
were talking about this where this is book called when money
51:57
dies. And it was essentially
51:59
describing the era before the war, why my Republic Germany,
52:05
when it was on the verge of going through hyperinflation and
52:08
you see the politicians doing exactly the same thing and the
52:14
degeneracy in society, and you're kind of seeing something
52:18
very similar. So, and I would say that money
52:20
plays a very, very pivotal role in the human experience.
52:25
And you can even say that if you use a corrupt money, it almost,
52:29
you can make an argument that it corrupts your soul.
52:31
I, I've seen so many people adopt A Bitcoin standard and all
52:36
of a sudden they're more connected with the spiritual
52:39
realm, they're more connected with the universe, they're more
52:42
connected with themselves. It, you know, it, it, it's,
52:44
it's, and then you could see that if someone has this belief
52:50
that money could be printed out of thin air, like think about
52:54
all the things you know, downstream of that, the
52:58
unintended consequences of that. Like you, you think that you,
53:01
you could essentially play God in a way, because money, look,
53:05
if you can just fix, you know, the wealth inequality or the,
53:08
the, the wealth issues or the poverty by printing money,
53:13
Zimbabwe would be one of the wealthiest countries on the face
53:16
of the earth. Clearly that doesn't work.
53:18
Clearly the only way to create wealth is by creating wealth by
53:22
making things, by producing, right?
53:24
So printing money out of thin air doesn't doesn't fix things,
53:27
but a huge percentage of society still believes that somehow
53:32
printing money, you know, can just pay for everything where
53:35
what it actually is, printing money is wealth distribution.
53:39
You're stealing from other people.
53:41
You're stealing their work and their energy, and you're
53:44
redistributing it the way that money printed.
53:48
Really, you're redistributing it back to the government and back
53:50
to the very wealthy that have the means to save an assets.
53:53
So Bitcoin fixes this. Andrew, what's your take?
53:59
That's exactly right. The money printer doesn't
54:03
benefit the people. You know it, it benefits the
54:07
very top and the very bottom. So it's it's got to stop.
54:13
I think that Bitcoin is the answer for a lot of the problems
54:18
that are going on in society. I'm orange peeled, you know, and
54:23
I think the more people wake up, the better it's going to be.
54:26
And I think we're getting there. And that's why this politics
54:29
stuff matters, because they're really trying to stomp on
54:33
Bitcoin, squash it out. They want these CBD CS, these
54:37
central bank digital currencies to replace Bitcoin.
54:40
They don't want Bitcoin to be the thing because Bitcoin's
54:43
decentralized and free. They want to own all of the
54:46
wealth, including all of the cryptocurrency.
54:49
So, you know, your chat is savage.
54:51
I love your chat. The people are all awesome.
54:54
Even the people that were saying, you know, Trump is
54:57
whatever. But if you love Bitcoin, if you
55:00
want financial freedom, you got to realize that, you know,
55:04
there's plenty of negative Republicans, don't get me wrong.
55:07
But Trump is actually promised. He's promised to free Ross.
55:10
He's promised to protect crypto And Joe Biden.
55:14
You you're seeing the prosecutions that his
55:16
administration is doing right now.
55:18
They're trying to stamp out the future of Bitcoin, so.
55:22
Absolutely. People gotta wake up. 100% So
55:26
Andrew, I got a question for you.
55:28
Why is that? You know, a lot of you know,
55:31
these conservative pundits, including Alex Jones, right,
55:35
that you would like like Bitcoin fixes a lot of this, but they
55:39
just don't see it. You know, they still have like a
55:42
lot of their sponsors are like, you know, these like traditional
55:45
gold companies, like, you know, I don't want to name any of my
55:48
names, but like, you know what I'm saying?
55:50
Like you've seen this before. You've been around that world.
55:52
Why haven't they woken up to the fact I was with JP Sears over,
55:57
you know, over the weekend at the Bitcoin Rodeo, we were doing
55:59
the roast of BTC sessions and, and I and I remember I was like,
56:05
and you know, he, he's getting into the Bitcoin world and he
56:08
spoke at the, the previous Bitcoin conference and you have
56:12
Russell Brand who's speaking at this Bitcoin conference.
56:15
So it seems like we're we're we're crossing the chasm a
56:18
little bit, but it still seemed like a lot of these conservative
56:21
pundits with huge, massive followings still have not like
56:26
woken up to Bitcoin. Why do you believe that is
56:29
Andrew? Well, Alex Jones in particular,
56:32
I I've seen him be friendly towards Bitcoin.
56:35
You know, he deeply regrets not taking the Bitcoin wallet with
56:38
Bitcoin on it that Max Kaiser offered him years and years and
56:41
years ago when Bitcoin was $5 a coin.
56:45
But I think I think more people are getting it.
56:48
But as far as why are they pushing more gold versus pushing
56:51
Bitcoin, you have to understand the gold companies, they pay big
56:55
bucks for advertising because again, we we talked about the
56:59
boomers, the boomers that do get scared about the dollar's
57:02
future. They run to gold, they run to
57:06
hard metals. So the gold companies are making
57:09
bank. They don't quite understand
57:11
Bitcoin. So the more when the boomers
57:15
finally get it, if ever you know, you know that that
57:18
$2,000,000 a Bitcoin prediction is going to look like chump
57:21
change it. It's it could be way more than
57:23
that, but it's until the the the American boomer investors figure
57:29
it out or pass on the wealth that the generational jump that
57:34
will prove how early we are right now.
57:36
Even at fifty, $60,000 Bitcoin, how early we are right now is
57:41
when the wealth isn't in the hands of the boomers anymore
57:43
because they're buying gold, they're buying silver.
57:45
And that's why a lot of the right wing pundits, why are they
57:48
pumping gold and silver? That's who's paying them because
57:50
that's what the market is buying and the market is the boomers.
57:54
So 100. Percent, 100%.
57:57
Somebody said your your chat is so great and somebody said
58:00
Normie's listening to Dave Ramsey and he shits on Bitcoin.
58:03
That's bingo #1. Exactly.
58:06
But it also this is the opportunity because if if people
58:10
were awake, if the boomers were awake right then, you know,
58:13
there'd be less opportunity in Bitcoin.
58:15
I would say in terms of number go up anyways, I do kind of we
58:19
are getting to the top of the hour.
58:21
Andrew, I do want to thank you for coming on the show.
58:24
Where can people find you and where can people find your game?
58:29
You could find first of all, the Alex Jones game.
58:32
Please go to alexjonesgame.com. If you buy the game, you don't
58:36
buy the grain. Great.
58:37
Watch the trailer, you will laugh your ass off.
58:40
Alex Jones game.com Watch the trailer for NWO Wars.
58:44
It's a great game. You can find me at
58:47
twittertwitter.com/V Andrew Meyer.
58:51
And before I go, somebody asks in the chat, how does the money
58:54
printer help the bottom? They know how it helps the top
58:57
because they print the money for the banks they printed for
58:59
themselves. How does it help the bottom?
59:01
The bottom lives off welfare. The the $1200 checks that were
59:06
printed during COVID, The the people at the very bottom love
59:09
it just as much of the people very top.
59:11
It's the middle class that's being squeezed by everything and
59:14
we've got to band together and fight back, buy some Bitcoin and
59:18
share this this pot. This is great.
59:19
This is a very fun show and that is also very entertaining.
59:22
I've never seen Bitcoin done this well on a show.
59:25
I've seen many people try it and you actually succeed at it.
59:27
Great show. Well, I appreciate it.
59:29
Thank you so much, Andrew. Appreciate you coming on the
59:31
show today. You have any final thoughts for
59:33
the audience? What would it be?
59:35
Final thoughts to the audience, This might be very
59:38
controversial, but I got to tell you, I love God.
59:42
I hope people connect to God as well as Bitcoin.
59:44
You know, I always tell people about the Holy Grail, the
59:47
literal holy Holy Grail. The deepest the soul of the
59:51
Bible is at zohar.com. That's a little off the beaten
59:53
track what we're talking about, but what the heck.
59:56
That's my that's my deepest thought and love you bro.
59:59
Love this audience and I hope to come again and do it soon.
1:00:01
That was a lot of fun. Absolutely, Andrew.
1:00:03
Well, thank you so much for joining us on the show today,
1:00:06
guys. You can follow Andrew at the
1:00:08
Andrew Mayer. Go check them out.
1:00:10
Andrew. Appreciate, appreciate you
1:00:11
joining us today. Cheers bro.
1:00:13
Thanks dude. All right everybody.
1:00:15
So I did promise you we're going to give away some sats.
1:00:17
Well, we're not going to give away some sats.
1:00:19
Our boys over at bitcoinwell.com.
1:00:21
Best place to build your automatic self custody Bitcoin
1:00:24
stack? Anyways, guys, every time you
1:00:26
buy Bitcoin on Bitcoin, well, you earn points and you can use
1:00:29
those points towards the Bitcoin wishing well like we're going to
1:00:31
do right now, except this time I'm going to leave the QR code
1:00:34
up on screen. You have a chance to win up to
1:00:36
1,000,000. Satoshi's first person to scan
1:00:40
the QR code gets the free SAT. So we're going to toss a coin
1:00:44
into the Bitcoin wishing well, and I don't know what happened
1:00:48
there. Let's do that one more time.
1:00:52
Seems like we're having a little bit of a bug.
1:00:55
I don't know what's going on. Let's refresh the screen.
1:00:58
Let's try that one more time. Here we go.
1:01:03
Nope. Seems like we're having a little
1:01:05
bit of crash. I have to talk to the Bitcoin
1:01:06
Wishing well team. I don't know what's going on,
1:01:09
but damn. Damn.
1:01:10
I don't know what's going on. Sorry, guys.
1:01:12
Sorry about that. Well, we'll be back tomorrow.
1:01:15
And anyways guys, love you all. Opti will be back.
1:01:19
Had some technical difficulties today, going to find out what's
1:01:22
going on with the Bitcoin wishing well.
1:01:24
Seems like it's having a little bit of a glitch, but until then
1:01:27
guys, smash the like button. Consider subscribing.
1:01:30
We love you all. We'll be back tomorrow for a
1:01:32
brand new episode of Simply Bitcoin Live Peace out
1:01:35
everybody. Episode was brought to you by
1:01:39
bitcoinwell.com on a mission to enable independence.