Latest / Simply Bitcoin / Billionaire FORCES America To Buy TRILLIONS Of Dollars of Bitcoin | EP 1188

Transcript

Billionaire FORCES America To Buy TRILLIONS Of Dollars of Bitcoin | EP 1188 · Simply Bitcoin

• 0:00
  Yo, everyone's favorite Bitcoin billionaire just dropped a
• 0:04
  bombshell speech at C PAC, one of the largest conferences in
• 0:09
  the world. Predicting 100X Bitcoin by 2045
• 0:14
  pressured the largest nation on the face of the planet to make
• 0:19
  the ultimate geopolitical. Chess move.
• 0:22
  Will Trump listen to sailors plan?
• 0:25
  Well, considering he was just spotted at Trump's Mar A Lago, I
• 0:28
  mean, what do you think they talk it's about maybe President
• 0:31
  Trump and Sailor are closer than some people think.
• 0:35
  Maybe, just maybe Trump is more than likely listening to Sailor
• 0:39
  and buying a massive Bitcoin position.
• 0:42
  I mean, we did hear David Bailey at Sailors 100K party at meant
• 0:47
  that Trump owns a lot of Bitcoin and we know the Vice President,
• 0:51
  JD Vance owns a lot of Bitcoin as well.
• 0:55
  Well, no more. Delay Let's jump straight into
• 0:57
  the clip of Michael Saylor at C PAC.
• 1:01
  This nation became great because of the Louisiana Purchase.
• 1:06
  We bought a third of the country from Napoleon for a few
• 1:09
  $1,000,000. Then we purchased Texas and
• 1:12
  California from the Mexicans for a few million more than we
• 1:17
  purchased Alaska from the Russians for a few million more.
• 1:22
  We didn't even know there'd be a trillion dollars of mineral
• 1:25
  rights underneath Alaska when we purchased it.
• 1:27
  They called it Seward's Folly, but what I'm describing is
• 1:31
  Manifest destiny. If you want to create a great
• 1:34
  nation, you have to build it on valuable property.
• 1:38
  You have to know where is all the money headed?
• 1:40
  Where is the future? When we bought California, we
• 1:43
  didn't know there'd be a Hollywood.
• 1:45
  We didn't know there'd be a Silicon Valley.
• 1:47
  No one, really. In 1867, we didn't have a
• 1:51
  petroleum industry. And so where is the money headed
• 1:55
  in the future? The money's headed to
• 1:57
  cyberspace. Bitcoin is is property and
• 2:01
  cyberspace. The manifest destiny of this
• 2:04
  country is to own cyberspace. And I think that President Trump
• 2:10
  understands the value of owning scarce desirable property.
• 2:16
  If we go to cyberspace and we buy Bitcoin and the and the
• 2:20
  nation embraces Bitcoin, then all of the capital in the world,
• 2:25
  all of the Chinese money, all the Russian money, all the
• 2:29
  European money, all of the money from the 20th century, the money
• 2:34
  invested in a Siberian warehouse, the money invested in
• 2:38
  fill in the blank anything you could possibly own in Africa.
• 2:41
  All of that capital is flowing into cyberspace.
• 2:45
  It's going from physical to digital.
• 2:48
  It's flowing from the 20th century to the 21st century.
• 2:52
  The 21st century is going to be a billion AI thinking a million
• 2:56
  times a second. And what are they going to be
• 2:58
  using to move their money around?
• 3:01
  They're going to use digital money because they can't get a
• 3:04
  bank account, they can't get a credit card.
• 3:08
  I have to approve my wire transfers from my bank once a
• 3:12
  week. It takes about 20 minutes and
• 3:14
  they asked me on the phone whether the money should move.
• 3:17
  It's a good problem. What's 478,740 Bitcoin, Michael?
• 3:22
  The the computer we don't. Feel too bad is what I'm trying
• 3:25
  to say. Yeah, I get it.
• 3:27
  But my point you really is we've been doing it that way for 50
• 3:31
  years. And if you look at the way the
• 3:34
  digital economy is going to run in the 21st century, it's going
• 3:37
  to be a billion computers thinking a million times a
• 3:40
  second, moving, moving assets at the speed of light.
• 3:45
  Bitcoin represents digital capital that that network is $2
• 3:51
  trillion today. It's going to be $20 trillion in
• 3:55
  four to eight years. It's going to be $200 trillion
• 3:59
  in 20 years. Then it's going to grow faster
• 4:03
  than every other asset in the world.
• 4:05
  It's going to continue to grow the union.
• 4:12
  All right, huge, huge speech. I'm joined here with the
• 4:16
  legendary one and only BTC sessions, of course by legendary
• 4:19
  Co host, always Optimistic Optimist Fields, and of course
• 4:23
  Brian De Mint from the Orange Palapse.
• 4:26
  So guys, we have a hell of a show lined up for you guys.
• 4:29
  But first commentary on Sailor's speech.
• 4:33
  First of all, it was at C PAC. For anyone who doesn't know,
• 4:36
  this is the largest conservative conference in the United States.
• 4:41
  This is, you know, this is like this is the conference of the
• 4:44
  conference. And the fact that he's basically
• 4:47
  saying that the US is future manifest destiny is to buy 20%
• 4:54
  of the Bitcoin supply is a massive, massive statement.
• 4:59
  I can't emphasize that enough. This isn't a Bitcoin conference.
• 5:02
  This isn't just him speaking at a business conference.
• 5:06
  This is the one of the largest political conferences in the
• 5:10
  United States. And he's basically making the
• 5:13
  case to the American people that is the manifest destiny of the
• 5:16
  United States into the future to own 20% of the Bitcoin supply.
• 5:21
  For anyone who doesn't know what manifest destiny is, in the
• 5:24
  early days of the United States, it was just the Eastern
• 5:28
  seaboard. That was, it was the original 13
• 5:31
  states, the 13 colonies. And then it was Manifest destiny
• 5:35
  to expand all the way to California.
• 5:38
  And that's what happened right through the 1700s and the 1800s.
• 5:41
  And eventually, you know, it, it went from it went from New York
• 5:47
  and it ended up in California. And I think, I think the last
• 5:50
  state that was purchased was Alaska, right?
• 5:52
  That was manifest destiny. Like they all the American
• 5:55
  presidents, they always wanted that.
• 5:57
  And essentially what Michael Saylor is saying is like, look,
• 6:00
  now there's physical space. Look at the good decisions that
• 6:03
  we made with Louisiana and Alaska.
• 6:06
  But now there's cyberspace. And in cyberspace, there's
• 6:09
  Bitcoin. It's absolutely scarce and
• 6:12
  there's a very short window of opportunity where the US could
• 6:15
  position itself to get a huge portion of the supply.
• 6:19
  And if that happens and it there is a there is a non zero chance
• 6:23
  of that happening with this pro Bitcoin administration, then
• 6:27
  you're going to see a domino effect happening worldwide.
• 6:30
  So anyways guys, if you guys are enjoying the show so far, smash
• 6:34
  that like button. If you do believe the US is
• 6:36
  going to follow in sailors Manifest destiny, drop one in
• 6:40
  the chat. If you if you believe that the
• 6:42
  US is not going to follow sailors Bitcoin manifest destiny
• 6:46
  drop 2 in the chat, I'm going to pass it on to Ben.
• 6:49
  Ben I mean, that was quite a speech and yeah, what do you
• 6:52
  think? Yeah.
• 6:53
  I mean, it's super interesting watching this at CPAC here
• 6:57
  because this isn't the first time that we've seen Bitcoin
• 7:01
  injected into a speech at CPAC. A couple years ago.
• 7:06
  I wow, three years ago now, the Canadian trucker protest, Ted
• 7:10
  Cruz read the letter from Nunchuck wallet to the Canadian
• 7:15
  government basically telling them to shove it, that they
• 7:18
  cannot. And even if they could, would
• 7:21
  not give up any information of the protest fundraising efforts.
• 7:25
  And then they left it with, when the Canadian dollar fails, we'll
• 7:30
  be here to serve you too. So the audience at CPAC has
• 7:34
  already been primed to this is their, what I'm getting at is
• 7:38
  this is not their first touch point with Bitcoin.
• 7:40
  So while this one may not start an avalanche, they're on their
• 7:45
  way. So it's, it's weird that again,
• 7:48
  it is obviously a political thing now, but eventually
• 7:52
  everybody will just use it. But yeah, I, I, I think the, the
• 7:55
  conservative side is primed timed to hear this kind of
• 7:59
  messaging right now. Absolutely, man.
• 8:01
  And it's momentum. It's momentum.
• 8:03
  And then during the numbers segment, Cash Patel got
• 8:06
  confirmed. There's a video of him literally
• 8:09
  the got confirmed to be the FBI director and there's literally a
• 8:13
  video of him saying we should end the Federal Reserve.
• 8:15
  I mean, like if it's going to be any administration that, you
• 8:18
  know, buys a crapola ton of Bitcoin, it's going to be this
• 8:22
  administration. Anyways, I'm going to pass it on
• 8:24
  to Brian De Mint of Orange Palap and A and a friend of the show,
• 8:28
  of course, and a personal friend of mine.
• 8:30
  Brian, what do you think? Man, that was crazy.
• 8:32
  I did not expect Sailor was going to be at CPAC.
• 8:36
  And the reason I didn't expect it is because it's like, man, if
• 8:40
  the Democrats go back in power, like I, I don't think they're
• 8:45
  going to be too happy about it. Like, you know, I think he, he,
• 8:48
  he, he chose a side. Like, he's obviously going with
• 8:51
  the red wave. You know, the Republicans took
• 8:53
  the presidency, they took the House, they took the Senate,
• 8:56
  they have the Supreme Court. But it surprised me that he's in
• 9:00
  a way, in a way he is kind of choosing a side.
• 9:04
  Am I wrong in interpreting it that way, Brian?
• 9:07
  Yes, and you're not wrong. You're absolutely right.
• 9:10
  That's why I'm saying yes, He it's, it's an all or nothing
• 9:14
  moment. I I think that everybody from
• 9:16
  your cash Patels, from your, your appointees and different
• 9:20
  Elon Musk is doing the same thing.
• 9:21
  Elon Musk was, was the darling. Elon Musk could have rode the
• 9:24
  fence. Even after buying Twitter and
• 9:26
  being, you know, the free free speech platform or whatever, he
• 9:29
  still could have avoided endorsing Trump.
• 9:31
  And you know, but these guys are recognizing that they need to go
• 9:34
  all or nothing in order to make it happen.
• 9:36
  Now, for the audience, pay very close attention to the subtext
• 9:40
  here of what Sailor is saying. He's talking about Manifest
• 9:44
  destiny repeatedly. Let's do the math.
• 9:47
  And I, I did this in a tweet the other day.
• 9:49
  So you can, you can check it out and check the math.
• 9:51
  If you take all of the acres of land in the world and you divide
• 9:55
  it by 21 million, the number you get is 1714.
• 9:59
  So that means that if you were to equate the Bitcoin network to
• 10:03
  owning one Bitcoin, it'd be like holding 1700 acres of land.
• 10:07
  OK, so one Bitcoin is like holding 1700 acres of land
• 10:11
  compared to all the world. Now, what was what Michael
• 10:16
  Saylor said was California, Alaska, Texas and Louisiana
• 10:19
  Purchase, all of that combined was 1.2 billion acres of land.
• 10:24
  Do you know what 1,000,000 Bitcoin is?
• 10:26
  It's 1.7 billion acres of Bitcoin Manifest destiny.
• 10:31
  And, and the math is not it. It's not a coincidence, it's not
• 10:35
  an accident. Saylor is speaking specifically
• 10:38
  to if the US wants to achieve what it did in terms of physical
• 10:43
  land and space and power, if we want to do the same thing in
• 10:47
  cyberspace, we have the same play at our fingertips.
• 10:51
  It's the equivalent of buying Louisiana for $15 million to buy
• 10:55
  1.2 billion acres of land. That's what we get to do in
• 10:58
  cyberspace. There's a mathematical, and if
• 11:00
  you don't think that sailors already made that calculation,
• 11:02
  he's just not saying it out loud.
• 11:04
  He's he's allowing them to come along so that they can be
• 11:07
  brought into the fold. It's it's the same thing.
• 11:10
  And so Mana Fest, Destiny, I think we're going to hear that
• 11:12
  term a lot more in terms of cyberspace. 100% man, and let's
• 11:16
  see let's see what happens because look, one of the things
• 11:19
  about Bitcoin that I love is this aligned incentive structure
• 11:23
  system. So you know, you'll hear like
• 11:26
  you got to be honest with yourself, right like sailors
• 11:28
  pump in his bags, but what's awesome about Bitcoin is just
• 11:34
  because sailors pumping his bags if you're holding Bitcoin,
• 11:37
  you're benefiting from that pump just as much as he is It's it's
• 11:41
  a, the way that he phrases is that in, in the Bitcoin system,
• 11:45
  everybody wins, right And that's in stark contrast with the Fiat
• 11:48
  system where there's there's a there's a small amount of
• 11:51
  winners and mostly everyone is a loser unless you're part of the,
• 11:55
  you know, political class that's benefiting from the money
• 11:58
  printer. So Opti, what's your take on
• 12:01
  this man? I mean C power.
• 12:03
  I mean, there's some crazy speeches.
• 12:04
  I'm not going to name anyone specific, but like Sailor at
• 12:08
  Sailor at CPAC basically saying it's the manifest destiny of the
• 12:13
  United States to acquire 20% of the Bitcoin supply.
• 12:17
  Brian De Mint broke it down. He threw down the Max.
• 12:20
  What's your take? Yeah.
• 12:22
  Well, first of all, I think if you did hear the speech and like
• 12:26
  Brian was saying, there's a lot of things that Saylor isn't
• 12:29
  saying, but he did say a lot of things that I think are a little
• 12:32
  different than the rhetoric we have been hearing from Saylor
• 12:34
  recently. As Nico was saying, it does seem
• 12:37
  like Saylor is picking a side. Now.
• 12:39
  It might be just 'cause he's tailoring his speech to the
• 12:41
  audience that he's at, but I think it's very, very important
• 12:45
  to remember like this is a conference of not really
• 12:48
  Bitcoiners. Like Ben was saying, you know,
• 12:50
  they're getting a few couple Bitcoin touches.
• 12:53
  So now it's kind of interesting just how palatable it is to talk
• 12:57
  about Bitcoin in spaces that aren't just Bitcoin conferences.
• 13:00
  So you can tell that the narrative around Bitcoin's
• 13:03
  growing. People are becoming more
• 13:04
  receptive of Bitcoin. Obviously, the Trump
• 13:06
  administration has essentially gone full Bitcoin double down on
• 13:10
  Bitcoin. I know they're kind of crypto
• 13:12
  here. So, you know, they're, they're
• 13:13
  learning. It's as me and Ben were kind of
• 13:16
  talking about this morning, you know, everyone kind of goes
• 13:19
  through a shit coin phase or most everyone does.
• 13:21
  So are we surprised that nation States and politicians are doing
• 13:24
  it as well? Not really.
• 13:26
  But you can see that the conversation is kind of becoming
• 13:29
  a mainstream normal conversation.
• 13:30
  And I think that is a huge, huge development we're seeing.
• 13:34
  And the second part is even though sailors saying these
• 13:37
  numbers that sound ridiculous, I'm sure everyone in the
• 13:39
  audience like Bitcoin's gonna 100X in 20 years.
• 13:42
  Like what are you even talking about?
• 13:44
  Like $200 trillion market cap is a $2 trillion market cap today.
• 13:47
  Like you are smoking the opium bro.
• 13:50
  But if you look at Sailors 2045 or the what's it 24 model, I
• 13:54
  forget what the. It's 2045.
• 13:56
  Yeah, the the 2045, you know, 20 year model from here or 21 year
• 14:00
  model from here that is less than his base case model.
• 14:04
  And the base case was $280 trillion market cap.
• 14:07
  So he's even kind of, you know, underselling what he actually
• 14:11
  thinks is going to happen. And I'm sure a lot of people are
• 14:14
  hearing this and they're like, yeah, that's cool, I'll buy some
• 14:16
  later. And it just goes to show that as
• 14:19
  we've been kind of talking about recently, we are still very
• 14:22
  early in the Bitcoin price appreciation era that I think
• 14:25
  we're going to see. Obviously it's the second month
• 14:27
  of the year and I think it's going to be crazy, crazy amounts
• 14:31
  of inflows that go into Bitcoin, which means, you know, hey, if
• 14:34
  Sailor Trump, all these people are pumping our bags at any
• 14:38
  conference outside of just a Bitcoin conference.
• 14:40
  Like I am all for that, you know, keep pumping our bags.
• 14:43
  Mr. Saylor, I'm I'm very cool with this.
• 14:46
  Obviously for everyone here, you got to take your Bitcoin into
• 14:49
  custody. It's not just about number go
• 14:50
  up. It's about the freedom go up
• 14:52
  aspects as well. But hey, we are breaking out of
• 14:54
  the echo chambers. So as much as the Bitcoiners on
• 14:57
  Twitter are having a hard time wrapping their heads around the
• 15:00
  fact that, hey, there is a bigger, bigger arena here that
• 15:04
  we have entered into and we got to kind of up our games and he
• 15:07
  goes, so maybe we need to start wearing suits on the show.
• 15:10
  Yeah, I think so. I mean, like the the
• 15:12
  significance of this is like, ladies and gentlemen, make no
• 15:16
  mistake, Bitcoin has crossed the Rubicon.
• 15:19
  Like this is either in the process of going into the
• 15:23
  mainstream consciousness or it's about to when there's a very
• 15:30
  famous Breitbart quote that like always resonates with me, which
• 15:33
  is culture. Politics is downstream from
• 15:37
  culture, right? When you have Michael Saylor
• 15:42
  talking about Satoshi and Bitcoin at one of the most
• 15:46
  popular political conferences, you don't go backwards.
• 15:50
  And I think where this is going to end up, then I'm I'm making a
• 15:53
  prediction here. But I think when you hear talk
• 15:56
  about ending the IRS, ending the income tax, you have Cash Patel
• 16:00
  talking about the Federal Reserve.
• 16:03
  You've had many speeches at C Pack about the Federal Reserve.
• 16:07
  Make no mistake. It it you, you, you're going to
• 16:11
  get to the bottom of all this stuff, like when dode, when all
• 16:13
  this stuff with doge is said and done and you're going to
• 16:16
  everyone's going to identify what the root cause of all this
• 16:19
  is, right? And they're going to see that,
• 16:22
  you know, the, the, the one who's the, the one who's holding
• 16:25
  the smoking gun is central banking, right?
• 16:28
  And once that is discovered, what is the alternative to
• 16:31
  central banking? I mean, I say this all the time.
• 16:33
  It's either Bitcoin or slavery safe.
• 16:35
  Deans wrote, you know, all the different books, right?
• 16:37
  The Bitcoin standard, which is so funny because that's actually
• 16:40
  the smallest book out of them. Then there's the gold standard.
• 16:43
  Gold was great, but it was it was captured because of its
• 16:46
  physical characteristics and what we've been living through
• 16:49
  as a society, as the world, the Fiat standard over the last 50
• 16:52
  years and it's been atrocious, right?
• 16:54
  So what, what are the options, right?
• 16:56
  And it kind of reminds me of this like Thomas Sowell video
• 17:00
  that's like very popular on YouTube, which is like, you
• 17:03
  know, the guy asked him like, So what do you think about ending
• 17:05
  the Federal Reserve? And he's like, look, it was, it
• 17:07
  was done with good intentions, but it was an absolute disaster.
• 17:10
  And then the interviewer was like, So what do you replace it
• 17:13
  with? And he's like, you know, when
• 17:15
  you cut out a cancer, you don't replace it with another cancer.
• 17:18
  And I thought it was like such a great answer from Thomas Sowell.
• 17:22
  And Guy's incredibly smart. I know Ben, you have his book on
• 17:26
  your bookshelf in your studio. Basic economics, yeah, that's
• 17:30
  and it's, it's, it's a solid read.
• 17:32
  Thomas Sowell is, a lot of his stuff is especially his
• 17:36
  interview stuff is, is so accessible when he he's just
• 17:39
  talking face to face with people and, and again, he's not.
• 17:43
  Most people that go to our typical educational institutions
• 17:48
  nowadays, they don't get any of that.
• 17:50
  They get taught, you know, your typical Keynesian garbage and
• 17:54
  they don't get to see the opposite side of the spectrum,
• 17:57
  the other ideas that are actually good and they but they
• 18:01
  don't even get to contrast and compare.
• 18:03
  So it's which is a crime. But hey, things are shifting.
• 18:07
  As you said, people are waking up and they're being presented
• 18:09
  with these other ideas like, hey, maybe everything you
• 18:12
  learned even through all of your college education and your
• 18:16
  pieces of paper that you put up on your on your wall, maybe
• 18:19
  that's all wrong and maybe this is the solution.
• 18:22
  So I'm excited. Absolutely, Brian, before we get
• 18:25
  on to the numbers segment, we got a pack show for you guys,
• 18:28
  everybody we're going to talk about Cash Patel being
• 18:30
  confirmed, Coinbase apparently their case with the SEC being
• 18:35
  dropped. We're going to be talking about
• 18:36
  the orange pull up. We're going to be talking about
• 18:38
  BTC sessions. So we have tons of content for
• 18:42
  you guys left up so so stay tuned and of course, smash the
• 18:45
  like button. We're about to break 100 likes
• 18:47
  on YouTube. So smash that like button.
• 18:50
  And if you agree with Sailor, you think this manifest Bitcoin
• 18:53
  manifest destiny is going to happen, smash one in the chat.
• 18:56
  If you don't think it's going to happen, smash two in the chat.
• 18:59
  Brian, before we move on to the next segment, any thoughts?
• 19:02
  Last thing I would say is, you know for anybody that that is
• 19:06
  worried about the way sailors doing things or I just would ask
• 19:09
  you to step back and say, do you want sailor going out there and
• 19:14
  sounding like a crazy Bitcoiner, like one of us at a meet up or
• 19:17
  would you rather him going about it in a sly roundabout way?
• 19:23
  100%, I think that was that was beautifully, beautifully put.
• 19:26
  All right everybody, let's move on to the next segment.
• 19:29
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• 20:42
  you're an American, you can now, and I believe in Canada, this
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  has been available for a long time, but if you're an American,
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  Go to bitcoinwell.com today. All right, everybody, let's hit
• 21:06
  the numbers. We have tons to talk about.
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  Smash the like button. We'll be right back.
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  today. All right, everybody, imagine,
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  you know, 50 years from now and your grandchildren are going to
• 22:49
  look at you and they'll be like, grandpapa, are you going to give
• 22:52
  me the Bitcoin? You're going to pass it on to
• 22:54
  me. You told me that you stacked
• 22:55
  Bitcoin under 100K. And then you're going to look at
• 22:58
  them in the eye and you're going to say no because I wrote down
• 23:02
  my seed where it's on paper and they're going to look at you in
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  shame. Don't do that.
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• 23:09
  today. At the time of the recording,
• 23:12
  the Bitcoin price is $96,950. Block height 884,000 and 740.
• 23:19
  So that's per dollar. 1032 market cap 1.92 trillion Bitcoin
• 23:24
  versus gold market cap 9.34% Percentage issued 94.41% decline
• 23:31
  from all time high -11.2%. All right, I'm going to stop it
• 23:34
  right here. Is the price of Bitcoin being
• 23:37
  manipulated, bro. Because like it had been.
• 23:41
  Dude, this is bullshit. Like we were at 99 and I bought
• 23:48
  the top again. I was like 99.
• 23:51
  It's like 99,500. All right, we're going to
• 23:53
  breakthrough. This is going to happen.
• 23:54
  And like, Nope, Nope, Nope. Just dump it.
• 23:57
  Dumped. It's it's garbage.
• 24:00
  I've I've I'm full Samson Mao mode now Some something,
• 24:05
  something is afoot. I'm not keen on it.
• 24:09
  Also, I it's time to reflect. Also, all of us can step back
• 24:13
  and realize that we're all just livid and we're at 96 K, which
• 24:17
  is kind of hilarious, but still. Still.
• 24:20
  I feel like Bitcoiners like chasing the dragon.
• 24:22
  We remember 20/17/2021. We're like, can we, can we get
• 24:26
  that feeling back, man? Anyways, last number is realized
• 24:31
  monetary inflation .98% in the grand scheme of the, I mean,
• 24:35
  look, it's, it's continuing to take Fiat currencies to absolute
• 24:38
  school embarrassing them. Anyways, I'm going to take you
• 24:41
  down, take you guys down a rabbit hole.
• 24:44
  Of course you guys know RFK, He was, he was nominated as as
• 24:49
  health secretary. I believe that was the title,
• 24:51
  right, Opti? And this is what I said.
• 24:54
  I said, you know what's crazier than a Kennedy being back in the
• 24:57
  White House? A Kennedy that has the majority
• 25:00
  of his net worth in Bitcoin in the White House.
• 25:03
  Here's the clip. How has your experience been so
• 25:06
  far? Like I'm a huge supporter of
• 25:09
  Bitcoin. I was here a year ago at the
• 25:11
  other Bitcoin conference. I went home with most of my
• 25:15
  wells into Bitcoin so. You hear what he just said that
• 25:21
  that guy's in the White House. He just said that he has most of
• 25:24
  his wealth in Bitcoin. Trump, according to David Bailey
• 25:28
  from the Michael Saylor 100K party, he says that Trump owns a
• 25:32
  lot of Bitcoin. JD Vance, it's confirmed that he
• 25:36
  owns a lot of Bitcoin. RFK, it's confirmed that he has
• 25:40
  the majority of his wealth in Bitcoin.
• 25:42
  And you think Bitcoin ain't going in that sovereign wealth
• 25:44
  fund? You don't think that manifest
• 25:46
  destiny thing is going to happen?
• 25:47
  I mean, like American huddles quote rings in my head like no
• 25:52
  ones better than their incentives, right?
• 25:54
  So if the whole administration is holding Bitcoin, like it's
• 25:58
  like they're almost incentivized to pump their bags and it sounds
• 26:01
  bad because it's like, wow, the president's pumping his own
• 26:04
  bags. But it's like with Bitcoin,
• 26:06
  compared to all the shit coinery that's been happening, it's, you
• 26:13
  know, everyone wins, right? It's, it's, it's not a 0 sum
• 26:16
  game, right? It's aligned incentive
• 26:18
  structures. But the breaking news, what I
• 26:20
  wanted to talk about today was Cash Patel.
• 26:23
  So Cash Patel was nominated to, I mean, he's confirmed, I
• 26:27
  apologize to be the, the head of the director of the FBI and he
• 26:33
  was voted in the Senate yesterday.
• 26:34
  He got 51 votes and he had something really interesting to
• 26:38
  say about the Federal Reserve. Let's check it out.
• 26:42
  So I think we got to educate people that the Federal Reserve
• 26:45
  is not a public government entity, It's a private entity,
• 26:51
  the robber barons that started this country who manipulate the
• 26:54
  currency to their advantage. And that needs to be tackled.
• 26:57
  Again, I'm not the economic guru.
• 27:00
  I just know it's a problem and I don't.
• 27:02
  I don't. I'll be honest with you, I don't
• 27:04
  know what the. I mean, we know what the
• 27:09
  solution is. Anyways.
• 27:11
  We're on the verge of breaking 2000 live viewers across all
• 27:15
  platforms. And of course, shout out to our
• 27:17
  Rumble audience. If you guys are enjoying the
• 27:19
  show so far, make sure to smash that like button.
• 27:21
  Help us break 200 likes by the end of the show.
• 27:24
  We're currently at 1:21 to smash that like button.
• 27:27
  Anyways, I'm going to pass it on to Ben.
• 27:30
  Ben, what are your thoughts on this, man?
• 27:31
  I mean, this is talk about shifting the Overton window.
• 27:34
  This is shattering the Overton window.
• 27:37
  Can you imagine how excited Ron Paul is right now?
• 27:42
  Ron Paul like it. Just the vindication he must be
• 27:45
  feeling for this to be brought to the the common vernacular of
• 27:50
  of the nation of somebody that is now in a position of power
• 27:53
  being like, we need to end this institution.
• 27:57
  We need to fix the very root of all of these problems.
• 28:02
  And Ron Paul's been been trumpeting this for, I mean, end
• 28:05
  the Fed for how long now? How many decades?
• 28:09
  And to see an administration that is now actively saying
• 28:13
  stuff like this publicly, it's rain melting that this is
• 28:17
  actually happening, to be honest.
• 28:18
  A. 100 percent, 100%. Like it's, this is, I mean, I
• 28:22
  just see the meme of him like it's happening, you know, and
• 28:25
  the guy, the guy's like 90. He's 90 years old, but he's
• 28:28
  still kicking ass. He has like a YouTube show.
• 28:30
  But like, could you imagine how long he had to wait?
• 28:33
  He had to wait longer than I've been alive.
• 28:36
  You know, this guy's been fighting the good fight.
• 28:37
  He started the good fight and now all of a sudden like people
• 28:41
  are starting to wake up to what he's been talking about all
• 28:44
  these years. I'm going to pass it on to
• 28:45
  Brian. Brian.
• 28:47
  I mean, these are a lot of WS, bro.
• 28:49
  Like Trump, Trump kept his promise in Nashville when he
• 28:53
  said you guys are going to tired of winning where I think maybe
• 28:57
  you know, I think a lot of us are disappointed when we
• 28:59
  launched the Trump coin. But he did repeal Saab 121.
• 29:02
  He did free Ross Olberg he did and Operation Choke .2 point O
• 29:08
  technically he did 'cause the Bitcoin price pump to pump that
• 29:11
  time, but Trump pump my bag some more because we're all getting
• 29:15
  bored, bro. Brian, what do you think?
• 29:17
  Yeah, I mean, we're going back to Ron Paul.
• 29:20
  There's there's probably one guy in the entire universe that if I
• 29:23
  found out someday that he was Satoshi, I would be satisfied by
• 29:26
  it. And if it's if it was secretly
• 29:28
  Ron Paul. But while I have been on on I
• 29:31
  got we got tech support. Ben, I just want to make sure I
• 29:33
  wrote after that stamp seed thing.
• 29:35
  I'm going to I'm going to stamp my seed later.
• 29:37
  Did I do the check some on this correctly?
• 29:39
  It looks great, man. Can you hold that closer to the
• 29:41
  camera? I just need to see it really
• 29:43
  quick. Thanks.
• 29:44
  Thanks, man. Yeah, yeah, I got it.
• 29:46
  Yeah, almost reversed too. Anyways, my bad.
• 29:48
  OK, so as long as we're good on that.
• 29:51
  Yeah. One thing going back to that RFK
• 29:53
  clip, just just so people like this is inside baseball that you
• 29:56
  literally won't get on any other show because I have a hot tip
• 29:59
  that nobody would know when RFK was being interviewed right
• 30:02
  there for that fight that was at Karate Combat in Tennessee.
• 30:06
  I am he was commentating the fight for smile and Sam Alley,
• 30:09
  the heavyweight champion of that organization, a training partner
• 30:12
  of mine and a personal friend who was also orange build.
• 30:15
  So the guy who they were commentating the fight on is a
• 30:18
  hardcore bitcoiner. So it, it's just crazy for
• 30:21
  people to understand, like start to wrap your heads around when,
• 30:23
  when you see the, the, the tentacles of Bitcoin that are
• 30:26
  going out there, it's going beyond like, like everybody in
• 30:29
  the sphere is, is becoming orange filled.
• 30:32
  Everybody in that, in that scene has has exposure to Bitcoin.
• 30:36
  They're not just asking RFKA random question about Bitcoin.
• 30:39
  It's like that community is being orange filled.
• 30:42
  It's taking over. And so we're, we're seeing it in
• 30:44
  real time. This is, this is what it looks
• 30:46
  like. And going back to the, the price
• 30:48
  manipulation thing we were talking about.
• 30:50
  That's, that's a real thing. If, if nation states, if you
• 30:53
  were a nation state and you were coming into Bitcoin and there
• 30:56
  were big bag holders that were, that were like the gatekeepers
• 30:59
  of Bitcoin in terms of, of the price and they had the ability
• 31:02
  to make the price, you know, make go up and down in the short
• 31:04
  term. If you are a nation state, you
• 31:06
  would get some guarantees from those big bag holders like, Hey,
• 31:09
  you better not let the Bitcoin price run before we can get our
• 31:12
  legislation in check. So it's, it's not, I don't think
• 31:15
  evil motives or bad motives. I think it's it's nation states
• 31:18
  trying to grasp any last chance they can get before the Bitcoin
• 31:23
  price runs before they can get in through codified law that's
• 31:28
  going to allow them to get into Bitcoin in in a real and
• 31:31
  meaningful way. So the game is changing.
• 31:33
  The Rubicon has been crossed as as Nico said, and yes, things
• 31:37
  like Cash Patel, the highest person in law enforcement in the
• 31:40
  United States is now calling this out.
• 31:43
  He knows what the solution is. The Cash Patel is not a dumb
• 31:46
  guy. He's surrounded by an
• 31:47
  administration that's full of Bitcoiners and the only reason,
• 31:50
  the only people besides the gold bugs who are talking about
• 31:53
  ending the Fed are the Bitcoiners.
• 31:55
  Trump is a populist when, when and you even see this of
• 31:59
  Democrat critics of Trump before, like Cenk Yuger from The
• 32:04
  Young Turks. He even said one of the things
• 32:06
  that he'll give credit to Trump for is that when in his first
• 32:10
  administration, he thought Trump was going to go to war.
• 32:12
  But then when Trump realized that his followers that that his
• 32:14
  constituents didn't want to go to war in the Middle East over
• 32:17
  Soleimani, then Trump didn't go to war.
• 32:20
  That he follows the lead of the people that helped get him in
• 32:23
  power because he realized that's that that's how this system is
• 32:26
  supposed to work. And those are the people.
• 32:27
  And those are certainly the people that got him elected.
• 32:30
  So Trump listens to the voice and now we have a mechanism
• 32:34
  through something like X that allows us to to be amplified so
• 32:38
  that Trump hears and feels the Bitcoiners.
• 32:41
  So, so as long as the Bitcoin social layer stays in effect and
• 32:45
  we stay loud and we stay championing good ideas in the
• 32:49
  public sphere, we will end the Fed and we will have a
• 32:52
  replacement. We're going to remove the cancer
• 32:54
  and we're going to replace it with good organic, clean food
• 32:57
  and a clean diet and a clean, holistic lifestyle, and
• 33:01
  everybody's going to be happier for it.
• 33:02
  Amen Bars, man Bars from Brian de Mint.
• 33:06
  I absolutely agree, man. It it's a it really, you know, I
• 33:10
  feel like we we're, we're like exiting this like dark era of
• 33:13
  human history, the era of Fiat and we're entering into the era
• 33:17
  of we're, we're returning into the era of, of sound money.
• 33:22
  But this time the sound money can't be captured.
• 33:24
  It can't be manipulated, right? I'm really, really excited and I
• 33:28
  think I think it might be a little bit bumpy.
• 33:31
  I mean, you, you saw it. I mean, OK, one, one last thing
• 33:34
  before I pass it on to Opti. And this is the perfect tee up
• 33:36
  for Opti. I don't think it's a coincidence
• 33:39
  that the first pro Bitcoin president was almost
• 33:41
  assassinated twice Opti. Yeah, I love it.
• 33:45
  Love it. Just to add some context of what
• 33:48
  Brian was saying, not only is Cash Patel surrounded by bit
• 33:51
  corners, but we know he has 6 figure investments in core
• 33:54
  scientific stock, so mining Bitcoin stock and, you know,
• 33:58
  another 6 figure investment in ETF, Bitcoin ETF.
• 34:02
  So he's also a bit corner. They're surrounded by bit
• 34:04
  corners. This administration, it seems to
• 34:07
  be completely infiltrated by bit corners.
• 34:09
  And I know everyone in the chat's like we don't like
• 34:11
  politicians. Yeah, but I'd much rather have
• 34:13
  bit corners be the politicians, even if they're loosely, you
• 34:16
  know, just having Bitcoin exposure.
• 34:18
  I think this is kind of how we've all been envisioning,
• 34:21
  maybe not how you envisioned it, like particularly, but how all
• 34:25
  of us have envisioned this in the long term, that Bitcoiners
• 34:27
  infiltrate the government, that Bitcoin is too big for the
• 34:30
  government to influence. And as a saying goes, you know,
• 34:33
  Bitcoin changes you. You don't change Bitcoin.
• 34:35
  And I think we're kind of seeing the first innings of this.
• 34:38
  And I'm to like kind of reference the last thing that
• 34:42
  Kash Patel said in that clip and Nika said, and we all know it
• 34:45
  like there is a solution to end the Fed and it's, you know,
• 34:48
  essentially, first of all, end the Fed.
• 34:50
  As we always say, you cut out the cancer and everyone moves to
• 34:53
  Bitcoin, avoids Fiat currencies and life's going to be better.
• 34:57
  And the last thing I want to say is, guys, did I look, this is
• 35:00
  not even my Forte. I'm not I'm not one of these
• 35:03
  people. So you know, I'm caveating that
• 35:05
  with this before I say it, but did you guys notice his T-shirt
• 35:08
  there? He's wearing like AQ Anon Trump
• 35:11
  T-shirt like that's the FBI director.
• 35:13
  It's literally we live in a meme world right now and I don't even
• 35:17
  believe in Q Anon stuff, but like this is just crazy.
• 35:21
  It's just it's almost it's almost hilarious, just like what
• 35:24
  timeline we're in right now. It's it's, it's, it's ridiculous
• 35:28
  to, to say the least. 100% and, and I think honestly, like it
• 35:32
  would have been like if they didn't do anything, if they
• 35:34
  would have just let Trump, you know, do his thing, he would
• 35:38
  have had a second term. Like all that stuff like it
• 35:41
  because they try to demonize him so bad.
• 35:44
  And I think they they made a big bet on him essentially becoming
• 35:47
  unelectable with all the lawfare and all the media attacks.
• 35:52
  And I think that pissed him off. Did you have you guys seen his
• 35:55
  presidential picture? He used the same facial
• 35:57
  expression that he used in the mug shot.
• 35:59
  I mean, the dude is pissed off, bro.
• 36:02
  So yeah, I mean, absolutely crazy.
• 36:04
  Anyways guys, if you think if you think the no.
• 36:09
  No, no, if you think we moved into the better timeline
• 36:11
  trouble. 1 If you think we're still in the not better
• 36:17
  timeline, drop A2 in the chat. Anyways, guys, we're going to
• 36:21
  hit the news segment. We still have a loaded show for
• 36:24
  you guys. We're going to be talking about
• 36:25
  Coinbase's case. The SEC sued Coinbase for
• 36:29
  selling unregistered securities. That that that was dropped.
• 36:33
  And then of course, during the culture segment, we're going to
• 36:35
  be talking about the orange pull up and we're going to talk about
• 36:37
  BTC sessions. There's this great show on BTC
• 36:40
  sessions, one of my favorite shows.
• 36:41
  It's called simply Sessions. It's incredible.
• 36:44
  We're going to be talking about why are we bullish as well.
• 36:46
  And of course, the orange pull up of we got Brian the mint, the
• 36:50
  legend over here. So it's going to be a great
• 36:52
  show, guys. Stay tuned.
• 36:53
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• 39:35
  this article. Bada Bing, bada boom and here we
• 39:40
  go. We're going to be talking about
• 39:42
  Lex Lue, I mean Brian Armstrong. So this is this is kind of a big
• 39:47
  deal. I think this was a catalyst for
• 39:48
  the price pumping. I didn't think it was going to
• 39:51
  dump so bad so fast. I totally bought 99 five.
• 39:56
  Now I feel like an idiot but yeah, Coinbase says SEC agrees
• 40:00
  to right major wrong and dismiss consequential lawsuit against
• 40:05
  crypto exchange. It goes on.
• 40:07
  So there's a paywall. God damn it.
• 40:10
  But I got X. The SEC has agreed in principle
• 40:15
  to dismiss its enforcement case against Coinbase, a major US
• 40:19
  based cryptocurrency exchange. This agreement, pending formal
• 40:23
  approval by the SEC Commission, marks a significant development
• 40:27
  in the legal and regulatory landscape for cryptocurrencies
• 40:30
  in the United States. There will be no settlement or
• 40:33
  fines associated with the dismissal.
• 40:36
  Brian Armstrong dropping the memes.
• 40:38
  Great news. After years of litigation,
• 40:40
  millions of your taxpayer dollars spent, and irreparable
• 40:44
  harm done to the country, we reached an agreement with SEC
• 40:47
  staff to dismiss their litigation against Coinbase once
• 40:51
  approved by the Commission, which we're told to expect next
• 40:54
  week. This would be a full dismissal
• 40:56
  with $0.00 in fee, fines paid and 0 changes to our business.
• 41:02
  This is hugely vindicating, especially because many people
• 41:06
  question my decision to engage in litigation with the SEC on
• 41:09
  this matter. In 2023.
• 41:11
  People told me the courts would give a lot of leeway to the
• 41:15
  government. They said public market
• 41:18
  investors wouldn't like it. They said it would take years
• 41:20
  and cost 10s of millions of dollars in legal fees, which it
• 41:23
  did. They said the agency would use
• 41:25
  mafia tactics. I mean operation show .2 point O
• 41:29
  bro. Like trying to pressure other
• 41:31
  companies not to work with us while the lawsuit was under way,
• 41:35
  which they did. But I knew a few truths that
• 41:38
  helped make it an easy decision to fight them in court.
• 41:41
  The SEC was wrong on the law. They were exceeding the
• 41:45
  authority given to them by Congress by asking us to delist
• 41:49
  a number of assets that were not securities.
• 41:52
  I mean, look, I'll say this, guys.
• 41:59
  I'll be honest with sailors speaking at C PAC the Democrats
• 42:03
  fucked up. They should not have taken an
• 42:07
  anti Bitcoin stance. I I I honestly I I could make a
• 42:12
  very solid case. That and because the younger
• 42:16
  demographic tends to vote Democrat.
• 42:19
  Like, why would you go after their bags, bro?
• 42:22
  Right. Like you can make a case that it
• 42:26
  cost them the election. Like you can make the case that
• 42:29
  the Democrats having an anti Bitcoin stance essentially
• 42:35
  really, really hurt them. I I don't know why they would do
• 42:38
  that. I was incredibly unpopular to
• 42:40
  give them credit. They did walk it back a little
• 42:43
  bit and they did try to approve the the theory of ETF to kind of
• 42:47
  save face. But Biden with the veto of SAB
• 42:52
  121, which passed the House and sent like, I think that was a
• 42:57
  huge political blunder. Now what I hope happens, but now
• 43:01
  that sailors spoken at CPAC, I don't know, but what I hope
• 43:05
  happens is that they learn from this election and the Elizabeth
• 43:10
  Warren camp of the of the Democratic Party starts to lose
• 43:14
  so much influence because there are a lot of of, of Democrats
• 43:18
  that support the industry. Senator Gillibrand and of
• 43:21
  course, Congressman Ro Khanna, California, they're they're
• 43:26
  super pro Bitcoin. That in fact, Rokhana spoke at
• 43:30
  the Bitcoin conference in Nashville.
• 43:32
  So the last thing that we want to happen as an industry is for
• 43:35
  this to become a partisan issue. But like, I don't think Bitcoin
• 43:40
  care. Bitcoiners cared about politics
• 43:43
  six months ago. I think we were forced
• 43:46
  essentially because of, you know, the, the operation trick
• 43:51
  .2 point O. Like I remember the day that I,
• 43:54
  I got super upset with Opti because Opti was talking about
• 43:57
  the Trump Derangement syndrome and all that stuff #opti.
• 44:01
  And I remember like I, I, I try to stop Opti like mid bit.
• 44:05
  And I was like Opti like, like, no, don't do that.
• 44:08
  Like we have to be inclusive in our messaging.
• 44:11
  Then the week after, and we are covering this on simply sessions
• 44:14
  too. The week after they went from
• 44:17
  arresting the Tornado cash developers trying to sanction
• 44:21
  open source technology. And, and I, I, I had the 1000
• 44:24
  yard stare and I was basically saying like, Oh my God, they're
• 44:28
  going to use this as a precedent to you know what, you know what
• 44:31
  else is open source software? Bitcoin, right?
• 44:35
  And then a week the Tornado Cash case happened and then
• 44:41
  essentially the like Coin Center tried to sue, they lost that
• 44:46
  case. And then essentially what
• 44:47
  happened was as soon as Coin Center lost the case against
• 44:51
  Tornado Cash and the government, guess who they arrested?
• 44:55
  They arrested the samurai developers.
• 44:57
  As soon as that happened, simply Bitcoin went from neutral to
• 45:02
  Trump 2024 baby to RFK 2024, right?
• 45:06
  Like they galvanized the industry, right?
• 45:09
  And of course, when Trump dropped the I'm gonna free Ross.
• 45:12
  Like I don't think that political opportunity would have
• 45:16
  been created if they just stayed neutral.
• 45:19
  But it's they, they forced us into a corner and they, they,
• 45:22
  they made us react. And what's really kind of tragic
• 45:25
  about this? And I kind of see it like a
• 45:27
  Greek tragedy here. Is it like Gary Gensler was kind
• 45:32
  of right with a lot of, you know, these saying that a lot of
• 45:37
  these all coins were securities. But the problem is that I think
• 45:43
  they pissed so many people off that now the pendulum is
• 45:47
  swinging so God damn hard and fast to the other side that I
• 45:53
  think this is going to end up hurting people.
• 45:54
  I, I really think so, because I don't think Gary Genzer was
• 45:57
  completely wrong when he said that some of these digital
• 46:00
  assets were securities. I think he was right when he was
• 46:02
  making that case. So like it's unfortunate, but it
• 46:07
  was self-inflicted. OK, so I just had to add a bunch
• 46:10
  of commentary there. Next up, caving to their demands
• 46:13
  could have killed killed the crypto industry in America.
• 46:17
  I mean operation choke .2 point O they were caught red handed
• 46:21
  right with the rest of samurai wallet developers.
• 46:25
  They went after CZ. They went after Arthur Hayes.
• 46:29
  What's his name? Rodger Burr, like he has a his
• 46:32
  sense, like if he's convicted, he's going to jail for life.
• 46:36
  Like, I mean, it was pretty crazy, right?
• 46:38
  And I know they're all all coin casinos and all that stuff and
• 46:41
  like whatever, but I never forget the Binance press
• 46:44
  conference and Ben we did that show the amount of times they
• 46:49
  use the word terrorism in that like, look, it's an altcoin
• 46:53
  casino. It's D gent.
• 46:54
  I get it. Listen, and I'm a libertarian.
• 46:56
  If you want to buy whatever, you know, that's up to you.
• 47:00
  We're a Bitcoin only show. We recommend Bitcoin.
• 47:02
  Don't get wrecked. Stay humble stacks at however,
• 47:05
  like that's not terrorism, dude, OK, like that.
• 47:10
  It's just D Gen. casino NIST, right, But again, like this is
• 47:14
  such a this is a this is like a Greek tragedy, man, that that's
• 47:18
  my stance on this because it's like by by really forcing the
• 47:25
  industry to pick a side in a way, it's just gone to the other
• 47:30
  extreme, right. And I think what we're going to
• 47:33
  see in the next 4 years is like total, total deregulation.
• 47:38
  And look at what's happened already in the first couple
• 47:41
  months. I mean, the president of
• 47:44
  Argentina just scammed like all these people, right?
• 47:49
  Like they're talking about like, you know, like again, it, it's
• 47:53
  like they Gary, I think Gary Genzer in his heart, I think he
• 48:02
  knew the truth, but he, he got a lot of pressure from the White
• 48:05
  House. And I think the White House
• 48:07
  we're not interested in regulating the industry.
• 48:10
  I think the White House were interested in creating a
• 48:13
  monopoly to roll out a central bank digital currency.
• 48:16
  I think if they were actually sincere about their proposed
• 48:20
  regulations, I think the American people would have been
• 48:22
  a lot more open minded to it. And they didn't.
• 48:26
  And here we are mean point mania.
• 48:29
  Anyways, I went on a little bit of a tangent, but I'm going to
• 48:32
  pass it on. Pass it on to Brian first.
• 48:34
  Brian, what are your thoughts? And then we'll get Ben's.
• 48:37
  I mean, I, I personally love Coinbase, I love FTXI, love
• 48:42
  whatever name XY or Z exchange that's doing shady stuff that
• 48:46
  blows up. And in particular in like the
• 48:50
  FTX case they blew up and there was no bailout.
• 48:52
  To me as a free market proponent, I'm like, that's how
• 48:55
  we should, that's, that's how the, the market should regulate
• 48:58
  itself is by things breaking and people getting hurt.
• 49:02
  And it's sad as that is, right. I have friends they got, they
• 49:05
  got hurt in that, but those guys are some of the most ardent
• 49:08
  Bitcoiners. They are some of the most
• 49:10
  sophisticated bitcoiners in terms of making sure that
• 49:12
  they're, they're diligent in their self custody now because
• 49:15
  they went through that experience.
• 49:17
  And so I don't wish for anybody to lose their entire, you know,
• 49:21
  net worth. And I, I guess with the, with,
• 49:23
  with the Malay stuff, I'm sure they're people in that country
• 49:26
  that were already poor, that got poor.
• 49:27
  So, so it's not to say that it's it, you know, I'm not, I'm not
• 49:30
  trying to be heartless in this, but if we want to advocate for,
• 49:34
  for a, a, a true free market, I, I, I like the idea that the
• 49:38
  pendulum swing, oops, swinging the other way to, to
• 49:42
  deregulation in the sense that, yeah, the altcoin casino might
• 49:46
  run wild a, a, a little bit again.
• 49:49
  But I, I just know that after the ICO craze, more true
• 49:53
  Bitcoiners were, were built in the wake of that, in the wake of
• 49:57
  that blow up, in the wake of all the, the, the bad investments
• 50:00
  that, that, that generation, my generation of Bitcoiners made.
• 50:04
  We are the bitcoiners of today. And I think that it, it, it
• 50:08
  solidifies your, your resolve and your commitment.
• 50:10
  And you have experience when, when somebody, when the next
• 50:13
  generation starts to dabble in the altcoin stuff, it's like,
• 50:15
  guys, I can actually show you receipts of bad moves that I
• 50:19
  made. It's not just theory and and if
• 50:22
  you look at the coin market cap chart, there's been one asset
• 50:26
  that has been at the top for 100% of the uptime of this
• 50:30
  industry and it's not for no reason.
• 50:32
  Let me explain why and then you can go down that I believe that
• 50:35
  that's the way that's the path forward that I want to take.
• 50:38
  And I know that's maybe a bit of a contrarian view because pure
• 50:41
  deregulation can be a scary thing, but I think that that was
• 50:44
  the beautiful thing of FTX. There was no bailout.
• 50:47
  People got hurt and guess what? Here we are today.
• 50:50
  People are building back and we're and, and we're, we're
• 50:52
  getting back on our feet and some people did it very quickly
• 50:56
  and now we're better off for having gone through that. 100%,
• 50:59
  I 100% agree with you, Brian. I'm going to pass it on to
• 51:02
  Sessions. What are your thoughts on this,
• 51:05
  Man, I know I went on a little bit of a tangent.
• 51:07
  We, we were covering this diligently on simply sessions,
• 51:11
  man. We were going through this whole
• 51:13
  like rabbit hole of like, no, we got to stay neutral to like, oh
• 51:17
  God damn. Like we might have to move like
• 51:19
  this is crazy. And they essentially force our
• 51:22
  hand. And Brian, I like your take,
• 51:24
  man. Like, like let the free markets
• 51:26
  roll. You know, the free markets will
• 51:27
  figure it out. Ben, what are your what are your
• 51:30
  thoughts? Yeah, so I'm, I'm a fan of the
• 51:34
  hands off approach. I think people learn better by
• 51:38
  getting burned and correcting for their mistakes.
• 51:42
  And we were just talking the other day again, we're watching
• 51:46
  the entire world collectively go through their shit coin face and
• 51:51
  a lot of people are going to get wrecked like it again, the
• 51:54
  president of Argentina just rug pulled a meme coin.
• 51:57
  Like I just said that and it was true is an insane thing.
• 52:03
  And so, and so I think the, it's, it's a good thing in that
• 52:09
  a lot of people are going to learn, they're going to learn
• 52:11
  very quickly, which gets us to Bitcoin only faster.
• 52:15
  But what I worry about is regulatory whipsaw.
• 52:19
  So like you're saying, like, you know, sailors going on C PAC and
• 52:23
  everything. And he's, he's championing this
• 52:25
  and it's becoming very partisan. Well, what happens if there's
• 52:31
  like an epic level of destruction at some point over
• 52:35
  the course of this administration?
• 52:38
  And then it comes time to the next election again, the
• 52:41
  Democrats get in and they just ban everything.
• 52:46
  Just blanket ban everything. Like, Can you imagine that
• 52:49
  environment? And that's what I worry about.
• 52:52
  And so I hope that's not the future that we're going to
• 52:55
  encounter. But in the meantime, as you're
• 52:59
  talking about self custody, people need to learn how to use
• 53:03
  the tools properly. And people that are actually
• 53:06
  building the tools need to spend time building stuff that is
• 53:10
  resilient to that top down pressure that can't be messed
• 53:14
  with, that is is built in a way that is done privately as well.
• 53:19
  So you can't be the dev that gets arrested for making, you
• 53:24
  know, an app that anybody can use.
• 53:25
  So we need to cherish this time and use it and not squander it,
• 53:31
  is what I'm getting. At Amen.
• 53:33
  I completely agree. I completely agree.
• 53:35
  Good take Opti. What's your opinion here bro?
• 53:38
  This is this is pretty crazy. Opti loves the politics by the
• 53:42
  way, guys. Well, honestly, I've, I've, I
• 53:45
  think I was going to say this earlier and it skipped my mind,
• 53:47
  but as I've told you guys before, I came into Bitcoin
• 53:51
  apolitical and now I just realized how much power you can
• 53:56
  have as a Bitcoiner if you do get political.
• 53:58
  Essentially, as Nico, he says, if you're not in the room, you
• 54:01
  are not a part of the conversation.
• 54:03
  And I think this is how Bitcoiners do kind of, you know,
• 54:07
  like really change things is by and obviously it's not going to
• 54:11
  be me because like that's I'm definitely not a politician
• 54:14
  here. But if you're not in the room,
• 54:16
  if you aren't trying to, you know, play the game of power
• 54:19
  because it it does have an effect over our lives.
• 54:21
  Like, what are we doing? We're just sitting, you know,
• 54:24
  off the grid, you know, with our heads in the sand.
• 54:26
  It's like, I think this is how we actually legitimately move
• 54:30
  the needle is by us Bitcoiners getting involved and, you know,
• 54:34
  getting movements and being vocal and understanding what
• 54:37
  they're doing and giving them feedback.
• 54:39
  So that's the political thing. Yes, I am becoming more
• 54:42
  political now, Nico, thanks partly to you and partly to, you
• 54:46
  know #optigate. But my, my first thoughts is
• 54:50
  Nico, I am vindicated once again here on the show.
• 54:54
  Gary Gensler was the good guy. I said it first.
• 54:57
  Everyone's like you're crazy. Opti, he's not a Bitcoin maxi.
• 55:02
  And now we're seeing what's happening when there is just a
• 55:05
  floodgates being unleashed into the quote UN quote crypto
• 55:08
  markets. Now, obviously, I would, you
• 55:11
  know, disagree with, you know, Brian Armstrong about securities
• 55:15
  and stuff. But as we talk about all the
• 55:17
  time on the show, we really don't want the government or
• 55:19
  government agencies to pick winners and losers here.
• 55:22
  And, you know, depending on your vantage point, some might argue
• 55:25
  that the SEC is unconstitutional to begin with.
• 55:28
  So, you know, I'm not the biggest fan of this ruling, but
• 55:32
  I'm also not a big fan of the SEC.
• 55:34
  And kind of like Brian was saying as well, you know, I am a
• 55:37
  huge fan of free markets. And like Ben was saying, me and
• 55:40
  Ben were actually in this conversation this morning about
• 55:43
  like, yeah, it seems like the whole world is learning about
• 55:46
  shit coins and a lot of people are going to get wrecked.
• 55:48
  And hence why we try to do our best to just get people to go
• 55:51
  Bitcoin only and talking about the Malay stuff like his
• 55:56
  opposing party now is talking about impeaching him over this
• 55:58
  whole shit coin scam. Like, and of course, you know,
• 56:01
  Trump shit coin like, we're not going to, you know, obviously
• 56:05
  we, we're, we're being nice here with, with our current
• 56:08
  president. And you know, I can't expect him
• 56:10
  to be perfect. But I think what we're seeing is
• 56:12
  the world learn that you want to go Bitcoin only.
• 56:15
  This is the only way to actually succeed.
• 56:18
  Not get. Rugged, not get rugged.
• 56:20
  This is the only play to actually succeed.
• 56:22
  But again, as we've been saying on the show earlier, these
• 56:25
  conversations, the Bitcoin only message is crossing that Rubicon
• 56:29
  into mainstream consciousness. And hey, the world's going to
• 56:32
  figure out that Bitcoin maximalists are right.
• 56:35
  We're the good guys here, even though we're the toxic assholes.
• 56:38
  And everyone makes us seem like you're so tribal, you're the bad
• 56:41
  guys. And we're like, no, we're, you
• 56:42
  know, not only protecting ourselves, but we're trying to
• 56:44
  protect new people coming into the space.
• 56:47
  And one of the things I said in the chat earlier and something,
• 56:49
  you know, Nico and I have kind of learned throughout this whole
• 56:52
  thing is that there is so much good Bitcoin only content now
• 56:56
  that you don't have to go down the shit coin, you know,
• 56:59
  wreckage that would happen for us.
• 57:02
  You know, I, I got in 2017 and within two weeks of being on
• 57:06
  Twitter, it was like bitcoins in Myspace.
• 57:08
  It's old. You should try this fancy
• 57:11
  dangled shit coin here and, you know, lost money.
• 57:14
  And then I realized, hey, the fastest route to being a
• 57:17
  Bitcoiner is getting wrecked in shit coins.
• 57:19
  Now we're seeing this on a global scale.
• 57:21
  It's going to get uglier. And as I said again on the show
• 57:25
  a while go, it looks like we are going to see a whole new round
• 57:29
  of Wall Street degeneracy in shit coins and it's going to be
• 57:32
  bigger and more explosive than we've ever seen ever in all of
• 57:35
  the history of Bitcoin or crypto.
• 57:38
  And man, let's just hope we can get more people onto the the
• 57:41
  safety boats than getting wrecked.
• 57:43
  No guardrails whatsoever. Nothing.
• 57:47
  Zero. It's just going to be full free.
• 57:49
  And Brian is smiling, you know, Completely.
• 57:53
  He's like hell yeah, Lazai fair though.
• 57:57
  The free market maximalism, no guardrails, no nothing.
• 58:01
  But I, I got to say what with what Ben was saying because
• 58:04
  like, you have to understand, like, look, if you're, how do I
• 58:08
  say this in a very nice way? OK, listen, so if you are a free
• 58:13
  market maxi, then you accept if you fuck up, you know, you, you,
• 58:18
  you messed up. But if you take human nature
• 58:21
  into account, right, a lot of people don't like that, right?
• 58:25
  So, you know, if there's a mess up, a lot of people's knee jerk
• 58:29
  reaction is like, you know, bail me out, government, bail me out
• 58:33
  government, right? So, you know, that's the only
• 58:36
  thing where like there could be a whiplash.
• 58:39
  And because people don't know the difference between like they
• 58:42
  really don't the the difference between the Bitcoin industry and
• 58:45
  the crypto industry. That's my only worry, right?
• 58:48
  And we're only two months into the Trump administration, bro.
• 58:51
  Like God damn. You know, wait guys, Are you
• 58:53
  ready for four? Years of this.
• 58:57
  So like maybe he launched the coins like already, you know.
• 59:00
  So it was great. I mean, he did launch it before
• 59:03
  the inauguration. Wait, wait.
• 59:05
  Are you guys ready to see Elon Musk spurge out for four more
• 59:08
  years of this? I don't know if I am.
• 59:10
  I might have to tap in. The the degeneracy that we've
• 59:15
  seen just in the first month of the year is like the worst of
• 59:19
  the worst of the ICO craze. Like it's insane levels of
• 59:23
  degeneracy that's happening right now.
• 59:25
  I mean, I'm, I'm all for it. Like just let it happen.
• 59:28
  Let people figure shit out. It was funny.
• 59:30
  There's a tweet the other day and it was some shit coiner
• 59:33
  that's on on X and he was like, Oh my God, I'm so exhausted.
• 59:37
  Does anybody know a project that won't rug pull you?
• 59:42
  And the response from everybody was like Bitcoin, you fucking
• 59:46
  idiot. Just no love dude.
• 59:49
  But that's the difference guys. Like, what's the difference
• 59:52
  between a man and a boy? A boy blames others for his
• 59:55
  mistakes. A man owns up to his mistakes.
• 59:56
  That's the difference. So for a bunch of pansies in
• 59:58
  crypto land that want regulation to save us, then then go for it.
• 1:00:02
  But if you want to man up, freaking sack up and get some
• 1:00:04
  Bitcoin. Absolutely Amen to that.
• 1:00:07
  All right, guys. We still got the culture segment
• 1:00:10
  segment left. We're going to talk about the
• 1:00:11
  Orange Palap with Brian De Mint and we're going to be talking to
• 1:00:15
  Mr. BTC Sessions about BTC Sessions.
• 1:00:19
  So guys, if you guys are enjoying the show so far, we
• 1:00:22
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• 1:00:43
  segment. Here we go.
• 1:00:46
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  Discover more at Compass Mining dot IO.
• 1:02:14
  Again, Compass Mining dot IO and see how Compass Mining can power
• 1:02:19
  your success. All right, everybody, we are
• 1:02:25
  back and we got Brian the mint in the house.
• 1:02:28
  Stack friends who stack sats join the 15,000 and 98
• 1:02:32
  bitcoiners that are currently on the app.
• 1:02:35
  Guys, if you don't have any friends because you're on a
• 1:02:37
  Bitcoin standard and people just said like, you know, you got
• 1:02:41
  your you got your normie friends and they just they don't they
• 1:02:43
  don't you know, you can't can't you don't really have anything
• 1:02:46
  in common with them anymore. It's like the meme of like the
• 1:02:48
  guy where you like Tim's like, look, the whole financial
• 1:02:51
  system's broken. Central banking, bro, the
• 1:02:53
  money's broken. Everything's crazy.
• 1:02:54
  It's messing everything up. And he just looks at you and
• 1:02:57
  he's like, did you see the, did you, did you watch the game last
• 1:02:59
  night? If you're in that situation, you
• 1:03:02
  got to check out the Orange Pull app because you can connect with
• 1:03:05
  fellow Bitcoiners. Ben's on the app, I'm on the
• 1:03:08
  app. Opti's on the app.
• 1:03:09
  Opti loves when other bitcoiners message him.
• 1:03:15
  So check out the Orange Pull app, check out the orange flap
• 1:03:23
  stack Fred's who stacks hats. I I personally answer every
• 1:03:28
  single one of the messages. OK.
• 1:03:30
  Opti is Opti. I don't think I've responded to
• 1:03:33
  anyone. I barely respond to my mom
• 1:03:34
  though so don't hold me to it. Message me or Ruston, we'll get
• 1:03:37
  back to you guys. Opti's antisocial and that's OK
• 1:03:42
  anyways. I'm on it right now.
• 1:03:43
  I'm just checking who's in, who's in the Miami area, so.
• 1:03:47
  If you if you want to see. I'll bring, I'll bring Opti.
• 1:03:52
  Opti's going to come with me and.
• 1:03:54
  We'll hang. If you want to see BTC Sessions
• 1:03:57
  in Miami with his nice tips, send him a message on the
• 1:04:03
  Orange. To be fair though, I'm more
• 1:04:05
  social than Nico in person, but just not on anything on the
• 1:04:08
  Internet. But anyways.
• 1:04:10
  Anyways, we got Brian joining us today.
• 1:04:13
  Man, thank you so much for coming.
• 1:04:15
  Coming on the show. Of course, guys, the orange
• 1:04:17
  pillow is awesome. Super great place to connect
• 1:04:20
  with Bitcoiners. If you're on the go, if you're
• 1:04:22
  just getting into the scene, you're traveling for
• 1:04:26
  conferences, if you download the orange pull app and it will show
• 1:04:30
  you the bitcoiners near you, it'll give you the ability to
• 1:04:32
  send the messages. You could also check out the
• 1:04:35
  events, Bitcoin events that are happening.
• 1:04:37
  There's a simply Bitcoin group. It's dope.
• 1:04:40
  Rustin's on the app so you can message Rustin and you can go
• 1:04:43
  down the rabbit hole of. You know.
• 1:04:45
  Whatever Rustin talks about talk, just just bring up Fort
• 1:04:49
  Knox to Rustin and Ron Paul, all right, and see where that
• 1:04:53
  conversation goes. Anyways, Brian, thank you so
• 1:04:56
  much for coming on the show today, bro Appreciate it.
• 1:04:58
  What is the orange fill out for anyone who doesn't know?
• 1:05:02
  Yeah, man, I mean, you guys said it beautifully.
• 1:05:03
  There's there's the online component, right?
• 1:05:05
  There's, there's our podcast, there's, there's the social
• 1:05:08
  component online with X or Noster.
• 1:05:10
  Those are super valuable components.
• 1:05:12
  And, and, and the online community is, is really kind of
• 1:05:14
  what's gotten Bitcoin to where it is today.
• 1:05:17
  But one of the the missing components of going into the
• 1:05:20
  future, if we truly want a, A Bitcoin Society of hyper
• 1:05:25
  bitcoinization to have to happen, we need to have in real
• 1:05:28
  life connections. And and that's just that's what
• 1:05:30
  we're here to facilitate. Orange pill app isn't, it's not
• 1:05:34
  a, an app you open to scroll through.
• 1:05:36
  You get in there, you have messages with, with local
• 1:05:39
  bitcoiners where you find local meetups.
• 1:05:41
  There's meetups in my area that I didn't even know about.
• 1:05:43
  They were on orange pill app. And I'll tell you what, if
• 1:05:46
  anybody's going to Vegas for the Bitcoin conference or any event
• 1:05:51
  for that matter, you absolutely want to use this app.
• 1:05:54
  There's nothing cooler than when you drop down into a big, a big
• 1:05:57
  Bitcoin conference and then you open the app and it shows you
• 1:06:00
  there's like 1500 Bitcoiners in your area that you can reach out
• 1:06:05
  to and message. And so like obviously Nico and
• 1:06:07
  Opti Ben, they get invited to all the cool parties, but some
• 1:06:10
  of us, we don't get invited to all the cool parties.
• 1:06:12
  Well, guess what? There's 1000 different events
• 1:06:15
  when you go that are kind of off the grid, but they're going to
• 1:06:18
  you're going to find them on orange pill app.
• 1:06:20
  So if you've done the nine to five thing at the conference,
• 1:06:22
  you're like, well, what do I do after the conference closes for
• 1:06:25
  the day? Guess what?
• 1:06:26
  There's a ton of stuff. There's a there's a pub down the
• 1:06:29
  street where Bitcoiners are meeting, There's a beach party,
• 1:06:31
  there's a pool party, there's that after hours dinner, there's
• 1:06:34
  a steak dinner. There's all these different
• 1:06:35
  events that just random plebs can go to and meet up.
• 1:06:38
  So if you're feeling like you missed that in real life side of
• 1:06:41
  Bitcoin, which I think a lot of bitcoiners do, I guarantee
• 1:06:45
  there's a bitcoiner in your neighborhood.
• 1:06:46
  There's a bitcoiner when you're traveling, when you touchdown
• 1:06:49
  and you've got a day to spend in a in a random town, you can use
• 1:06:53
  orange peel app, which you can't use any other app to do to to
• 1:06:56
  service that need. But one of the really cool
• 1:06:59
  things that that we're we're launching actually next week.
• 1:07:02
  Some of some of you, if you have orange peel app, you've already
• 1:07:04
  seen it pop up in your app. We're gonna launch the full
• 1:07:07
  version on of Android on Monday, but we just developed our own
• 1:07:10
  lightning wallet inside of orange pill app and so we
• 1:07:14
  believe that this is a massive part of the parallel economy
• 1:07:17
  that that I know Ben advocates for Nico, not the advocate for
• 1:07:20
  I'm I'm certainly a big advocate for because we have with orange
• 1:07:24
  pill app you can find in real life merchants.
• 1:07:26
  So you can find merchants right down the street or again, if
• 1:07:29
  you're on the road, where can I get lunch and where can I pay in
• 1:07:31
  Bitcoin? You can find those merchants
• 1:07:33
  through the app. So that physical proximity is a
• 1:07:37
  game changer for you. But now, not only can you just
• 1:07:40
  ZAP them through a random wallet, you can ZAP them
• 1:07:42
  directly through the app using our native app.
• 1:07:44
  And I'll tell you what I can't, I can't drop all the secrets
• 1:07:47
  that are coming. But our road map for
• 1:07:49
  development, development, not only right now does that, that
• 1:07:52
  Lightning wallet work beautifully and it's just, it's,
• 1:07:54
  it's seamless and smooth and fast like lots of Lightning
• 1:07:57
  wallets out there. This Lightning wallet will have
• 1:07:59
  more functionality than any other Lightning wallet in
• 1:08:02
  existence. I promise you your, your mind is
• 1:08:05
  going to be blown over the next six months of what's going to
• 1:08:08
  happen. Bitcoiners aren't even talking
• 1:08:11
  about the things that this lightning wallet is going to do
• 1:08:13
  in terms of circular economy type stuff.
• 1:08:15
  So get ahead of the curve right now.
• 1:08:17
  I promise you Orangeville app is is is it's a rich, rewarding
• 1:08:22
  experience because I, I can't think of a single time where
• 1:08:25
  I've met another bitcoiner in person and I wasn't edified, I
• 1:08:28
  wasn't sharpened. I wasn't somehow just excited
• 1:08:32
  about the interaction. It's always a good interaction
• 1:08:34
  when I meet another bitcoiner in person and and that's purely
• 1:08:38
  what what Orange Pill App does. Absolutely.
• 1:08:40
  And I actually have a really interesting story.
• 1:08:42
  So with the founder of Mateo, and I know Brian, you work very
• 1:08:48
  closely with and I, I, I got a message, you know, and I've
• 1:08:53
  never met Mateo ever in real life.
• 1:08:56
  And I got a message from him and he needed a place to stay in, in
• 1:09:00
  Miami. And I was like, yeah, bro, of
• 1:09:03
  course I know, I know. Orange Blop.
• 1:09:05
  Yeah, sure. And I was like living like a
• 1:09:08
  more northern part of Miami at the time.
• 1:09:10
  And I was like, yeah, dude, just just come and stay at my
• 1:09:14
  apartment. I guess I've never met the guy,
• 1:09:17
  never didn't know who he was. I just like fellow Bitcoiner.
• 1:09:20
  I don't recommend this by the way.
• 1:09:25
  And a big warning on the screen. Yeah, and you know, like, oh,
• 1:09:30
  this is Mateo from Orange Blop. You know, like this is this is
• 1:09:33
  great. And I said, dude, ride through.
• 1:09:35
  So he says, OK, great. And he lands, you know, and he,
• 1:09:39
  he ends up coming to my apartment like 11:30.
• 1:09:42
  My wife is like super scared. Mateo's like a tall guy and
• 1:09:46
  he's, you know, he has Italian accent and it was dark and I
• 1:09:49
  didn't even see his face. And he's like, hey, nice to meet
• 1:09:51
  you. And I'm like, here's the cover.
• 1:09:53
  And you know that there's the couch.
• 1:09:54
  And when I woke up in the morning, I was like, all right,
• 1:09:57
  let's get breakfast or whatever. Mateo was gone.
• 1:10:00
  But that was my like, real, like first, like in real life
• 1:10:05
  experience in Orange Blot. Now, I don't recommend that, but
• 1:10:09
  those are the types of connections that you can make,
• 1:10:11
  right? Perhaps maybe not the first time
• 1:10:14
  someone asks you if they could sleep at their house, but you
• 1:10:17
  could build that relationship over time, you know, like a real
• 1:10:20
  human being, right? But yeah, no, it was, it was.
• 1:10:24
  I was going to say it was a happy ending, but yes it would.
• 1:10:28
  That story's getting better and better.
• 1:10:30
  It was a happy ending and you know, I appreciate.
• 1:10:34
  I always say that that on orange pill app when you or when you
• 1:10:37
  meet another Bitcoin or in general, it's like starting off
• 1:10:39
  on on a relationship second base.
• 1:10:42
  It sounds like you guys started off on third base though, you
• 1:10:45
  guys. Wow, yeah.
• 1:10:48
  Verified. It was verified.
• 1:10:50
  It was verified. But anyways, Brian, before we go
• 1:10:53
  on, since you are dropping a Lightning wallet, I know you're
• 1:10:57
  going to do something interesting with that as well.
• 1:10:59
  But you told me before the show that you wanted to hit a very
• 1:11:02
  special message because you get a lot of pushback on this
• 1:11:05
  message when you talk about spending Bitcoin.
• 1:11:07
  So maybe touch on the special event you're running with the
• 1:11:11
  Lightning wallet, your orange pull out Lightning wallet and
• 1:11:13
  then transition into spending Bitcoin because it's still a hot
• 1:11:17
  button topic in the Bitcoin space.
• 1:11:19
  Yeah, no, thank you for that. So on Monday when when we go
• 1:11:25
  full stand with so it's already live on iOS, Android is going to
• 1:11:29
  have we're going to have full capabilities for the Lightning
• 1:11:31
  wallet. On Monday we're going to start a
• 1:11:33
  brand new Lightning torch. And so for those of you guys
• 1:11:36
  that aren't familiar with the early days of the Lightning
• 1:11:39
  Network there there was this thing called the Lightning Torch
• 1:11:41
  where people passed around a set amount of SAT and people would
• 1:11:46
  add to it over time and then and then donate to open cell open
• 1:11:50
  source development of of the Bitcoin network.
• 1:11:52
  And so we're actually doing that amongst the Orange Pull app
• 1:11:56
  wallet users. Every member of Orange Pull app
• 1:11:59
  has automatically gotten their own orange pull app lightning
• 1:12:03
  wallet. So you already have it if you're
• 1:12:05
  a member of orange pull app or if you sign up then then then
• 1:12:08
  you'll have one as well. If you want to participate in
• 1:12:10
  this lightning torch. We're going to basically be
• 1:12:13
  donating the proceeds from this to open SAT's to make sure that
• 1:12:17
  the open source development of the network continues to
• 1:12:20
  propagate. So the way that it works is
• 1:12:22
  orange pull app is going to ZAP somebody 100,000 SAT's, and the
• 1:12:27
  beautiful part about this is it's part of the trustless
• 1:12:30
  nature of Bitcoin. We're going to we're going to
• 1:12:32
  have a a bit of faith in the Bitcoin social layer and we're
• 1:12:36
  going to pass this 100K SAT around to different users.
• 1:12:39
  And so if you want, if you want to be sent the torch and you can
• 1:12:42
  post about it on on X and say, hey, here's my here's my orange
• 1:12:46
  pill app profile. Here's my orange pill app
• 1:12:48
  wallet. I want to be the next one to
• 1:12:50
  receive it and we'll pass that to you.
• 1:12:52
  Now we're asking that everybody donates some sats and adds to
• 1:12:57
  the the lightning torch. So if it gets sent to me, I'm
• 1:12:59
  going to then add 10,000 sats to it.
• 1:13:01
  Now if 10,000 sats is a little bit rich for you, go ahead and
• 1:13:04
  just add 1000 sats or 500 sats, but then you're going to pass it
• 1:13:07
  along to another person and another person.
• 1:13:09
  Our goal is to pass the lightning torch enough times
• 1:13:13
  until it has 2.1 million sats, and then we're going to donate
• 1:13:17
  those to Open Sats for open source development for the
• 1:13:20
  Bitcoin protocol. Absolutely beautiful, beautiful
• 1:13:24
  man. Guys, go check out the orange
• 1:13:26
  pull up. Go to orangepullup.com.
• 1:13:29
  So many exciting announcements. Like I said, this is you.
• 1:13:31
  It's a great resource to connect with fellow bitcoiners.
• 1:13:35
  I feel like we're all isolated in a way.
• 1:13:38
  We're connected via cyberspace, but meatspace is really
• 1:13:41
  important. Meatspace, you know?
• 1:13:43
  Like we're still human beings after all, right?
• 1:13:45
  There's cyber connections, but there's in real life
• 1:13:48
  connections, like my experience with Mateo on my couch.
• 1:13:52
  So yes, those are very important.
• 1:13:54
  Those are very important to have in real life connections.
• 1:13:58
  Opti and I actually met each other at Bit Block Boom for the
• 1:14:02
  first time and we got a room together.
• 1:14:05
  Yeah. So so yes, it in real life
• 1:14:09
  connections with Bitcoiners is very, very important.
• 1:14:12
  And definitely go check out the orange collab, go to
• 1:14:15
  orangecollab.com to get started. And I kind of want to transition
• 1:14:21
  the conversation to take advantage.
• 1:14:23
  No, I know the perfect transition cause Brian missed it
• 1:14:26
  and Sessions is also on this beat.
• 1:14:30
  Talk about spending Bitcoin and then we'll plug Sessions a
• 1:14:33
  little bit. So maybe Sessions goes first?
• 1:14:36
  So First off, I just want to say I'm learning a lot this episode
• 1:14:40
  that Nico often invites strange man to sleep on his couch.
• 1:14:44
  So that's, that's good to know what.
• 1:14:50
  Wait, you're here? You got a couch.
• 1:14:54
  My wife's with me. I'll stay on that couch, yeah.
• 1:14:58
  Technically, I did sleep on your couch at your house, yeah.
• 1:15:04
  You too, if you sign up for Orange Bell app, you too can
• 1:15:07
  have strange men sleep on your couch.
• 1:15:12
  Yeah, exactly, Exactly. Yeah.
• 1:15:14
  I mean, the, again, Brian, you've written about this and,
• 1:15:17
  and I think the Bitcoin circular economy is super, super
• 1:15:20
  important. And I've been living on Bitcoin
• 1:15:24
  pretty much primarily since 2020 now.
• 1:15:28
  And again, all of the tools and the communication tools like
• 1:15:32
  Orange pill app and everything that we, that we have available
• 1:15:35
  to us now allows us to build out these communities to be more
• 1:15:38
  resilient. We're talking about a regulatory
• 1:15:41
  whipsaw, what could come to fruition like later down the
• 1:15:45
  line. And we want to hedge ourselves
• 1:15:48
  against that kind of a situation.
• 1:15:51
  Well, how do you do that? Well, if if you're reliant
• 1:15:54
  entirely with your Bitcoin on, on and off ramps, then those can
• 1:15:59
  be targeted. But if you actually oneself
• 1:16:03
  custody, but two, actually build a community where you can just
• 1:16:06
  use your Bitcoin peer-to-peer, then you become very, very
• 1:16:11
  resilient against that type of top down pressure.
• 1:16:14
  And so like at in Calgary, we've created the SAT market.
• 1:16:18
  And so the SAT market is basically, we went to the
• 1:16:20
  Bitcoin meet up and we reached out to other people on on orange
• 1:16:24
  pill app and we found a group of Bitcoiners that are tight knit.
• 1:16:27
  And we've said, Hey, you understand this is better money.
• 1:16:30
  You already have skills or have goods or services or businesses
• 1:16:35
  or whatever, and you already earned dollars that you buy
• 1:16:38
  Bitcoin with. Why don't you cut out one of
• 1:16:40
  those steps? Just accept Bitcoin and we'll
• 1:16:42
  build a community together. Weather.
• 1:16:43
  And at this point I'm getting like I just had a farmer that
• 1:16:49
  lives a few hours South of me drop off like 50 lbs of beef to
• 1:16:53
  my house the other day. I my we're just chatting about
• 1:16:56
  my Barber down the street. I pay him Bitcoin.
• 1:16:59
  I've got, I've got a personal trainer.
• 1:17:02
  I've got a, you know, I've got like all these tradesmen, like
• 1:17:06
  my basement was, was done and built by somebody that I paid
• 1:17:11
  for with Bitcoin. And so like you can build up
• 1:17:15
  these communities and it makes you so that you're unshakeable,
• 1:17:19
  even if worse comes to worse. And we do see this regulatory
• 1:17:23
  shift a few years out. We don't want to have to worry
• 1:17:28
  about, well, what do I do with my Bitcoin now if I can't use it
• 1:17:31
  anywhere or I can't exchange it for dollars or it's really hard
• 1:17:34
  to and I yeah, just use it. Just use, use Bitcoin and you'll
• 1:17:40
  find that you use dollars less and less until you just don't
• 1:17:43
  have any more dollars. And that's I think that's peak
• 1:17:47
  level maxi is just you don't, you don't own dollars anymore.
• 1:17:50
  Absolutely. But Ben, a lot of people don't
• 1:17:53
  know how to use Bitcoin right. And this is a perfect Segway to
• 1:18:00
  Bitcoin mentor dot IO because Ben himself, that's right, Ben
• 1:18:04
  and all his other mentors, they are you can, you can contract.
• 1:18:09
  Is that the correct word? You can, you can, you can.
• 1:18:13
  You can book sessions with them. You can't.
• 1:18:16
  You can book sessions with sessions and other mentors.
• 1:18:21
  Yeah. So we, we put this together, I,
• 1:18:24
  I would do one-on-one online sessions with people that were
• 1:18:28
  trying to figure out self custody, do multi sig, run a
• 1:18:32
  node, like all these different things that you start to dabble
• 1:18:35
  in as a bitcoiner. And, and I just got fully
• 1:18:39
  inundated to the point where I actually wasn't able, I I was
• 1:18:43
  unable to keep up with the tutorials, which I think is
• 1:18:45
  super important to have that free resource out there for
• 1:18:48
  people to to learn whatever they like.
• 1:18:50
  But some people need some additional handholds building
• 1:18:52
  and and some help. And so Bitcoin mentor launched
• 1:18:56
  on halving day last year in 2024.
• 1:19:00
  We're coming up on a full year now, but we've got about 16
• 1:19:04
  mentors on staff and you can basically reach out and and book
• 1:19:08
  either a la carte, like a single session, or you can buy like a
• 1:19:11
  larger package. If you have like a growth
• 1:19:13
  trajectory of, oh, I want to learn self custody and multi sig
• 1:19:17
  and running a node and everything.
• 1:19:19
  And actually, if you can go up a little bit to Nathan there, that
• 1:19:22
  is Nathan. He is my Opti actually.
• 1:19:27
  So he's joining the show. And actually if everybody could
• 1:19:30
  do me a solid because I'm I'm down here.
• 1:19:35
  It will be Nathan's first time hosting.
• 1:19:39
  Why are we bullish tonight? So if at 6:00 PM Eastern Time,
• 1:19:44
  you want to go give him some support, he's going to be joined
• 1:19:47
  by D from Coinkite, he's going to be joined by Pablo from Bull
• 1:19:51
  Bitcoin, and he's also going to be joined by Joey from the
• 1:19:55
  Canadian Bitcoiners. So he's among friends.
• 1:19:58
  He's got a good support group there, but like go show him some
• 1:20:01
  love, jump in the chat and, and just he's, he's a sharp guy.
• 1:20:05
  He's an incredible educator and he's a fantastic host too.
• 1:20:09
  He's been doing the hosting the mentor spaces three days a week.
• 1:20:13
  On on the regular. So hats off to Nathan.
• 1:20:15
  Let me let. Me pop in here guys, so I was
• 1:20:19
  going to say something that would wouldn't help viewership,
• 1:20:21
  so I'm going to say the opposite go watch.
• 1:20:24
  Why are we bullish tonight and tell Nathan that I'm the real
• 1:20:27
  opti and I am the better Opti. So that is your homework today.
• 1:20:33
  Oh man, the Canadian Opti guys go check them out tonight
• 1:20:36
  youtube.com slash at BTC sessions.
• 1:20:39
  You're most likely already subscribed to Ben's channel, but
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